Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2026 of  15th August  2026. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2026 & other competitive exams can make use of these Current Affairs Quiz.

 

Start Quiz

 

1) As per the recent news, Fitch Ratings reaffirmed India's sovereign credit rating at BBB- with a Stable Outlook. Fitch Ratings forecast India's GDP growth at what percentage for FY27?

(a) 5.8%

(b) 6.0%

(c) 6.4%

(d) 7.0%

(e) 7.4%

 

2) In news, the Multi Commodity Exchange of India Limited (MCX) signed an MoU with the National Institute of Securities Markets (NISM) at the Global Commodity Conclave 2026 to establish a dedicated Commodity Markets Research Centre. Which of the following is NOT mentioned as an academic activity of the centre?

(a) Faculty Development Programmes (FDPs)

(b) Doctoral fellowships

(c) Visiting scholar programmes

(d) Undergraduate degree programmes

(e) Academic conferences

 

3) As of 31 March 2026, five southern states together accounted for more than 80% of India's gold-loan outstanding. Which state recorded the highest gold-loan outstanding among all States and Union Territories?

(a) Andhra Pradesh

(b) Karnataka

(c) Kerala

(d) Telangana

(e) Tamil Nadu

 

4) Consider the following statements regarding central banks' gold-buying trend as per the World Gold Council (WGC):

Central banks purchased a net 102 tonnes of gold during the first half of 2026, with Poland being the largest buyer with 80 tonnes.

China extended its gold-buying streak to 20 consecutive months as of June 2026.

Turkey emerged as the largest gold seller in the first half of 2026, selling 83 tonnes.

Which of the statements given above is/are correct?

(a) 1 only

(b) 1 and 2 only

(c) 2 and 3 only

(d) All of the above

(e) None of the above

 

5) Consider the following statements regarding IIHT SUTRA 2026 – Inaugural National Conclave of the Indian Institutes of Handloom Technology (IIHTs):

The conclave was inaugurated by Giriraj Singh, Union Minister of Textiles, at Dr. Ambedkar International Centre, New Delhi.

The theme of the conclave was "IIHTs: Weaving the Future of the Indian Handloom Sector – Educate. Innovate. Transform."

India has a total of 11 IIHTs, comprising 6 Central IIHTs and 5 State IIHTs.

Which of the statements given above is/are correct?

(a) 1 only

(b) 1 and 2 only

(c) 2 and 3 only

(d) All of the above

(e) None of the above

 

6) As per the news, the Ministry of Skill Development and Entrepreneurship (MSDE) convened the India–Japan Stakeholder Consultation on Skill Development in New Delhi. Who among the following highlighted that Japan has growing demand for skilled human resources and India has a large young talent pool?

(a) Giriraj Singh

(b) Neelam Shami Rao

(c) Ono Keiichi

(d) Dr. Beena M.

(e) Pankaj Chaudhary

7) Recently, the Ministry of Home Affairs announced 1,057 Gallantry and Service Medals on the occasion of Independence Day 2026. How many Medals for Gallantry (GM) were awarded to Police personnel and Fire Service personnel respectively?

(a) 272 to Police and 29 to Fire Service

(b) 301 to Police and 92 to Fire Service

(c) 197 to Police and 51 to Fire Service

(d) 272 to Police and 51 to Fire Service

(e) 301 to Police and 29 to Fire Service

 

8) As of 2026, India signed the Terms of Reference (ToR) for negotiations towards a Preferential Trade Agreement (PTA) with which regional bloc at Vanijya Bhawan, New Delhi?

(a) Southern African Customs Union (SACU)

(b) Southern African Development Community (SADC)

(c) European Union (EU)

(d) Eurasian Economic Union (EAEU)

(e) Gulf Cooperation Council (GCC)

9) As of 2026, the Pharmacopoeia Commission for Indian Medicine & Homoeopathy (PCIM&H) and the Indian Pharmacopoeia Commission (IPC) renewed their MoU for implementing the "One Herb, One Standard" initiative. For how many years will the renewed MoU remain in force?

(a) 1 year

(b) 2 years

(c) 3 years

(d) 5 years

(e) 10 years

10) As of 2026, Digital India BHASHINI Division (DIBD) and NITI Aayog signed a Statement of Intent (SoI) to advance multilingual, voice-first AI solutions for inclusive governance. The collaboration will be implemented through which initiative?

(a) BHASHINI for Digital India

(b) BHASHINI for Seva/Sanchalan

(c) BHASHINI for NITI Aayog

(d) BHASHINI for Public Service

(e) BHASHINI for AI Governance

 

11) As of 2026, the National Institute of Indian Medical Heritage (NIIMH), Hyderabad, signed an MoU with the Sevadhi Museum & Indological Research Institute (SEMIRI) for the systematic digitisation and preparation of a descriptive catalogue of medical manuscripts. SEMIRI is located in which district of which state?

(a) Thrissur, Kerala

(b) Kottayam, Kerala

(c) Thiruvananthapuram, Kerala

(d) Kozhikode, Kerala

(e) Ernakulam, Kerala

12) According to the news, the Cochin Shipyard Limited (CSL) delivered MS Maria, the second of eight HS EcoFreighter series Multi-Purpose Vessels (MPVs), to a Germany-based shipping company. Who designed the vessel MS Maria?

(a) Hindustan Shipyard Limited

(b) Indian Register of Shipping (IRS)

(c) Det Norske Veritas (DNV)

(d) HS Schiffahrts UG (haftungsbeschränkt) & Co. KG

(e) Groot Ship Design, Netherlands

13) The Indian Air Force (IAF) and the Royal Malaysian Air Force (RMAF) commenced the 3rd edition of Exercise Udara Shakti 2026 at Subang Air Base, Selangor, Malaysia. Which of the following aircraft was deployed by the IAF for this exercise for the first time since its induction into the IAF in 2020?

(a) Sukhoi Su-30MKI

(b) Boeing C-17 Globemaster III

(c) Dassault Rafale

(d) F/A-18D Hornet

(e) Airbus A400M

 

14) Recently, Bank of America Corporation (BofA) and Jio Financial Services Limited (JFSL) entered into a Joint Venture Agreement for investment in Jio Credit Limited (JCL). What is the total proposed transaction value?

(a) ₹6,612.90 crore

(b) ₹12,000 crore

(c) ₹18,268 crore

(d) ₹24,500 crore

(e) ₹30,000 crore

 

15) Recent in news, Union Minister Amit Shah launched the 'Gramin Gyan Setu' app to integrate libraries across the Gandhinagar Lok Sabha constituency of Gujarat. How many libraries have been connected through the Gramin Gyan Setu app?

(a) 63 libraries

(b) 400 libraries

(c) 632 libraries

(d) 752 libraries

(e) 800 libraries

 

16) In news, Union Minister Arjun Ram Meghwal launched the revamped India Code Portal on 13 August 2026 at Kartavya Bhavan 2, New Delhi. The portal is maintained by which department?

(a) Ministry of Electronics and Information Technology

(b) Legislative Department

(c) Ministry of Home Affairs

(d) Ministry of Law and Justice (Department of Legal Affairs)

(e) National Informatics Centre

17) As per the news, scientists discovered three new species of cascade frogs in the biodiverse forests of Northeast India. Who led the team of scientists that discovered these new species?

(a) Dr. V. Kalaiselvan

(b) Prof. S. D. Biju

(c) Amitabh Nag

(d) Dr. Kousthubha Upadhyaya

(e) Shoyabahmed Kalal

 

18) Recently, NASA's Moon Base Programme, which aims to establish humanity's first long-term outpost near the Moon's South Pole, was announced during which NASA event on 24 March 2026?

(a) "Ignition" event

(b) "Apollo" event

(c) "Orion" event

(d) "Lunar Gateway" event

(e) "Artemis" event

19) In news, Sarla Aviation received Design Organisation Approval (DOA) from the Directorate General of Civil Aviation (DGCA). The approval was handed over by Union Civil Aviation Minister K. Rammohan Naidu during the inauguration of Sarla Aviation's new headquarters in which city?

(a) Hyderabad

(b) Chennai

(c) Mumbai

(d) Bengaluru

(e) New Delhi

 

20) In news, Former Chinese Premier Zhu Rongji passed away at the age of 97 in Beijing, China. He was born in 1928 in which province of China?

(a) Guangdong Province

(b) Sichuan Province

(c) Hunan Province

(d) Zhejiang Province

(e) Jiangsu Province

 

21) As per the news, India's Independence Day is celebrated annually on 15 August to commemorate India's independence from British colonial rule. India's Independence Day in 2026 marks which Independence Day?

(a) 75th Independence Day

(b) 77th Independence Day

(c) 78th Independence Day

(d) 79th Independence Day

(e) 80th Independence Day

 

22) As of 2026, the Indian government has set a target of introducing operational electric air taxis by 2028 in which congested metropolitan cities?

(a) Chennai, Hyderabad and Kolkata

(b) Bengaluru, Mumbai and Delhi

(c) Pune, Ahmedabad and Surat

(d) Bengaluru, Chennai and Hyderabad

(e) Mumbai, Pune and Nagpur

 

23) As per the recent news, Sarla Aviation became India's third eVTOL Design Organisation Approval holder in 2026, marking an important development in India's electric aviation sector. What does eVTOL stand for?

(a) Electric Vertical Take-Off and Landing

(b) Engineered Vertical Transport and Logistics

(c) Electric Variable Thrust and Lift

(d) Enhanced Vertical Take-Off and Landing

(e) Electronic Vertical Transport and Operations

24) In news, the Eighth Schedule of the Constitution originally contained 14 languages and now includes 22 languages. On which date did the Constitution of India come into force?

(a) 15 August 1947

(b) 26 January 1949

(c) 26 January 1950

(d) 26 November 1949

(e) 2 October 1950

25) Under the FY27 Budget, India's government debt-to-GDP ratio was estimated at 55.6%. The Government of India has set a target of reducing the debt-to-GDP ratio to what level by March 2031?

(a) 51%

(b) 56%

(c) 50%

(d) 57%

(e) 60%

Answers:

1) Answer: C

Short Explanation:

Fitch Ratings reaffirmed India’s sovereign credit rating at BBB- with a Stable Outlook, marking the 20th consecutive year that India has retained this rating.

India’s BBB- rating is the lowest investment-grade rating and has remained unchanged since 2006.

Fitch Ratings forecast India’s GDP growth at 6.4% in FY27, compared with the 7.4% average annual growth recorded during the previous three years.

Despite the moderation in growth, Fitch considers India’s medium-term growth prospects strong, supported by public capital expenditure, a potential recovery in private investment and favourable demographics.

Detailed Explanation:

Fitch Ratings reaffirmed India’s sovereign credit rating at BBB- with a Stable Outlook, marking the 20th consecutive year that India has retained this rating.

India’s BBB- rating is the lowest investment-grade rating and has remained unchanged since 2006.

Fitch Ratings forecast India’s GDP growth at 6.4% in FY27, compared with the 7.4% average annual growth recorded during the previous three years.

Despite the moderation in growth, Fitch considers India’s medium-term growth prospects strong, supported by public capital expenditure, a potential recovery in private investment and favourable demographics.

Fitch highlighted high fiscal deficit, government debt and debt-servicing burden as key risks to India’s sovereign credit profile.

Fitch expects stronger economic growth to gradually improve India’s structural credit indicators and help reduce the government debt-to-GDP ratio.

Under the FY27 Budget, India’s government debt-to-GDP ratio was estimated at 55.6%, lower than 56.1% in FY26.

The Government of India has set a target of reducing the debt-to-GDP ratio to 50% by March 2031.

2) Answer: D

Short Explanation:

The Multi Commodity Exchange of India Limited (MCX) signed a Memorandum of Understanding (MoU) with the National Institute of Securities Markets (NISM) at the Global Commodity Conclave 2026 to establish a dedicated Commodity Markets Research Centre.

The Commodity Markets Research Centre will be housed at NISM and will focus on research, knowledge creation, professional training and market awareness in India’s commodity derivatives market.

Academic activities of the centre will include Faculty Development Programmes (FDPs), doctoral fellowships, visiting scholar programmes, and academic conferences.

Detailed Explanation:

The Multi Commodity Exchange of India Limited (MCX) signed a Memorandum of Understanding (MoU) with the National Institute of Securities Markets (NISM) at the Global Commodity Conclave 2026 to establish a dedicated Commodity Markets Research Centre.

The Commodity Markets Research Centre will be housed at NISM and will focus on research, knowledge creation, professional training and market awareness in India’s commodity derivatives market.

MCX will contribute its commodity-market expertise, including support for course content and assessments, while NISM will provide the academic and research infrastructure for the centre.

The centre will undertake research in areas such as commodity derivatives, hedging mechanisms, corporate risk management, compliance frameworks, and evolving market practices.

The centre will conduct applied research studies and prepare policy papers and white papers on issues related to the commodity derivatives market.

Academic activities of the centre will include Faculty Development Programmes (FDPs), doctoral fellowships, visiting scholar programmes, and academic conferences.

3) Answer: E

Short Explanation:

As of 31 March 2026, five southern states — Tamil Nadu, Andhra Pradesh, Karnataka, Telangana and Kerala — together accounted for more than 80% of India’s gold-loan outstanding, highlighting the strong concentration of gold-backed lending in South India.

Public Sector Banks (PSBs) had total gold-loan outstanding of more than ₹11.31 lakh crore as of 31 March 2026.

Tamil Nadu recorded the highest gold-loan outstanding among States and Union Territories at more than ₹4 lakh crore.

Andhra Pradesh ranked second with gold-loan outstanding of more than ₹2.22 lakh crore.

Detailed Explanation:

As of 31 March 2026, five southern states — Tamil Nadu, Andhra Pradesh, Karnataka, Telangana and Kerala — together accounted for more than 80% of India’s gold-loan outstanding, highlighting the strong concentration of gold-backed lending in South India.

Public Sector Banks (PSBs) had total gold-loan outstanding of more than ₹11.31 lakh crore as of 31 March 2026.

Tamil Nadu recorded the highest gold-loan outstanding among States and Union Territories at more than ₹4 lakh crore.

Andhra Pradesh ranked second with gold-loan outstanding of more than ₹2.22 lakh crore.

Karnataka recorded gold loans of more than ₹98,000 crore, while Telangana and Kerala recorded more than ₹92,000 crore and ₹83,000 crore, respectively.

The data was presented in the Lok Sabha through a written reply by Pankaj Chaudhary, Minister of State in the Ministry of Finance.

Despite the increase in gold lending, the asset quality of gold-loan portfolios improved, with defaults declining over the past five years.

The Gross NPA (GNPA) ratio of gold loans of Scheduled Commercial Banks (SCBs) declined from 0.19% in March 2025 to 0.12% in March 2026.

4) Answer: C

Short Explanation:

According to the World Gold Council (WGC), central banks continued their gold-buying trend for the third consecutive month in June 2026, purchasing a net 51 tonnes of gold, the highest monthly purchase recorded in 2026 so far.

Poland was the largest central-bank buyer in June, adding 19 tonnes to its gold reserves, followed by China, which purchased 15 tonnes.

China extended its gold-buying streak to 20 consecutive months, highlighting its continued accumulation of gold reserves.

Russia remained a major seller of gold, selling 9 tonnes in June and 44 tonnes during the first half of 2026.

Turkey emerged as the largest gold seller in the first half of 2026, selling 83 tonnes, with most of its selling concentrated in the first quarter, particularly March.

Detailed Explanation:

According to the World Gold Council (WGC), central banks continued their gold-buying trend for the third consecutive month in June 2026, purchasing a net 51 tonnes of gold, the highest monthly purchase recorded in 2026 so far.

Poland was the largest central-bank buyer in June, adding 19 tonnes to its gold reserves, followed by China, which purchased 15 tonnes.

China extended its gold-buying streak to 20 consecutive months, highlighting its continued accumulation of gold reserves.

Other major gold buyers in June were Uzbekistan (9 tonnes), Kazakhstan (7 tonnes), Jordan (3 tonnes), the Czech Republic (2 tonnes), Turkey (2 tonnes), Ghana (1 tonne), and Georgia (1 tonne).

Central banks purchased a net 102 tonnes of gold during the first half of 2026, with buying spread across several emerging-market central banks.

During January–June 2026, Poland was the largest buyer with 82 tonnes, followed by Uzbekistan (41 tonnes), China (40 tonnes), and Kazakhstan (27 tonnes).

Other major net buyers during the first half of 2026 included the Czech Republic (11 tonnes), Singapore (10 tonnes), Chile (8 tonnes), Jordan (6 tonnes), and Ghana (6 tonnes).

Central banks were net sellers of 30 tonnes in March 2026, but subsequently became net buyers, purchasing 17 tonnes in April and 41 tonnes in May, followed by 51 tonnes in June.

Russia remained a major seller of gold, selling 9 tonnes in June and 44 tonnes during the first half of 2026.

Turkey emerged as the largest gold seller in the first half of 2026, selling 83 tonnes, with most of its selling concentrated in the first quarter, particularly March.

 

5) Answer: D

Short Explanation:

The Office of the Development Commissioner (Handlooms), Ministry of Textiles, Government of India, organised IIHT SUTRA 2026 – Inaugural National Conclave of the Indian Institutes of Handloom Technology (IIHTs) at Dr. Ambedkar International Centre, New Delhi.

Theme: “IIHTs: Weaving the Future of the Indian Handloom Sector – Educate. Innovate. Transform.”

India has 6 Central IIHTs and 5 State IIHTs, which have produced skilled professionals for the handloom and textile sector for over seven decades.

Detailed Explanation:

The Office of the Development Commissioner (Handlooms), Ministry of Textiles, Government of India, organised IIHT SUTRA 2026 – Inaugural National Conclave of the Indian Institutes of Handloom Technology (IIHTs) at Dr. Ambedkar International Centre, New Delhi.

Theme: “IIHTs: Weaving the Future of the Indian Handloom Sector – Educate. Innovate. Transform.”

The conclave was inaugurated by Giriraj Singh, Union Minister of Textiles, in the presence of Neelam Shami Rao, Secretary, Ministry of Textiles, and Dr. Beena M., Development Commissioner (Handlooms).

The conclave aims to reposition Indian Institutes of Handloom Technology (IIHTs) as centres of excellence for:

Technical education

Research and innovation

Entrepreneurship

Industry collaboration

Technology upgradation

India has 6 Central IIHTs and 5 State IIHTs, which have produced skilled professionals for the handloom and textile sector for over seven decades.

Three strategic Memoranda of Understanding (MoUs) were exchanged during the conclave:

Grasim Industries Limited – Curriculum enrichment, internships, industry exposure and skill development.

Northern India Textile Research Association (NITRA) – Collaborative research, testing, innovation, technical support and capacity building.

Indian Institute of Management (IIM), Sambalpur – Leadership development, entrepreneurship, innovation, faculty development and institutional capacity building.

Gold Medals and Rank Certificates were presented to meritorious IIHT students for outstanding academic performance.

The Ministry released “Handloom Change Makers”, a publication highlighting the achievements of distinguished IIHT alumni in industry, entrepreneurship, exports, research and public service.

The Union Minister launched the film “Weaving India’s Handloom Future”, showcasing the journey, achievements and future vision of IIHTs.

6) Answer: C

Short Explanation:

The Ministry of Skill Development and Entrepreneurship (MSDE), Government of India, convened the India–Japan Stakeholder Consultation on Skill Development in New Delhi to strengthen cooperation on skill development and workforce mobility between India and Japan.

Ono Keiichi, Ambassador of Japan to India, highlighted the complementary strengths of the two countries — Japan’s growing demand for skilled human resources and India’s large young talent pool.

Detailed Explanation:

The Ministry of Skill Development and Entrepreneurship (MSDE), Government of India, convened the India–Japan Stakeholder Consultation on Skill Development in New Delhi to strengthen cooperation on skill development and workforce mobility between India and Japan.

The consultation brought together representatives from the Ministry of External Affairs, State Governments, Sending Organisations, Government of Japan, Japanese industries, recruitment agencies and training partners.

The discussions focused on implementing the Action Plan for India–Japan Human Resource Exchange and Cooperation, jointly released during the 15th India–Japan Annual Summit in 2025.

The consultation focused on preparing Indian youth for employment opportunities in Japan through:

Industry-relevant technical training

Japanese language and cultural training

Recognised skill assessments

Stronger employer engagement

Pre-departure preparation

Better coordination among Indian and Japanese institutions

Ono Keiichi, Ambassador of Japan to India, highlighted the complementary strengths of the two countries — Japan’s growing demand for skilled human resources and India’s large young talent pool.

 

7) Answer: A

Short Explanation:

The Ministry of Home Affairs (MHA) announced 1,057 Gallantry and Service Medals for personnel of the Police, Fire Services, Home Guard and Civil Defence, and Correctional Services on the occasion of Independence Day 2026.

The awards comprise:

301 Medals for Gallantry (GM)

92 President’s Medals for Distinguished Service (PSM)

664 Medals for Meritorious Service (MSM)

Of the 301 Medals for Gallantry, 272 were awarded to Police personnel and 29 to Fire Service personnel.

The Medal for Gallantry (GM) is awarded for conspicuous acts of courage in saving life and property, preventing crime or apprehending criminals.

Detailed Explanation:

The Ministry of Home Affairs (MHA) announced 1,057 Gallantry and Service Medals for personnel of the Police, Fire Services, Home Guard and Civil Defence, and Correctional Services on the occasion of Independence Day 2026.

The awards comprise:

301 Medals for Gallantry (GM)

92 President’s Medals for Distinguished Service (PSM)

664 Medals for Meritorious Service (MSM)

Of the 301 Medals for Gallantry, 272 were awarded to Police personnel and 29 to Fire Service personnel.

The Medal for Gallantry (GM) is awarded for conspicuous acts of courage in saving life and property, preventing crime or apprehending criminals.

Region-wise distribution of the 301 Gallantry Medals:

197 – personnel from Left Wing Extremism (LWE)-affected areas

51 – personnel from Jammu and Kashmir

12 – personnel from the Northeastern Region

41 – personnel from other regions

92 President’s Medals for Distinguished Service (PSM) were awarded:

83 – Police Service

4 – Fire Service

3 – Civil Defence and Home Guard Service

2 – Correctional Service

The President’s Medal for Distinguished Service (PSM) is awarded for a special and distinguished record of service.

664 Medals for Meritorious Service (MSM) were awarded:

606 – Police Service

28 – Fire Service

18 – Civil Defence and Home Guard Service

12 – Correctional Service

8) Answer: A

Short Explanation:

India and the Southern African Customs Union (SACU) signed the Terms of Reference (ToR) for negotiations towards a Preferential Trade Agreement (PTA).

The ToR was signed at Vanijya Bhawan, New Delhi, establishing the formal framework for negotiations aimed at strengthening bilateral trade and economic cooperation.

The signing took place in the presence of:

Piyush Goyal – Union Minister of Commerce and Industry.

Jitin Prasada – Minister of State for Commerce and Industry.

Senior officials from India and SACU member countries.

Piyush Goyal called for a balanced and equitable trade agreement that would expand market opportunities for both India and the SACU region.

India can support the SACU region through affordable medicines, Information Technology (IT) talent development and integration into global supply chains, according to Goyal.

Detailed Explanation:

India and the Southern African Customs Union (SACU) signed the Terms of Reference (ToR) for negotiations towards a Preferential Trade Agreement (PTA).

The ToR was signed at Vanijya Bhawan, New Delhi, establishing the formal framework for negotiations aimed at strengthening bilateral trade and economic cooperation.

The signing took place in the presence of:

Piyush Goyal – Union Minister of Commerce and Industry.

Jitin Prasada – Minister of State for Commerce and Industry.

Senior officials from India and SACU member countries.

Piyush Goyal called for a balanced and equitable trade agreement that would expand market opportunities for both India and the SACU region.

India can support the SACU region through affordable medicines, Information Technology (IT) talent development and integration into global supply chains, according to Goyal.

The proposed PTA is expected to provide preferential market access across sectors including: Engineering goods and machinery, Automobiles, Pharmaceuticals, Textiles, Agriculture, Agri-processing

India called for the negotiations to proceed with urgency and reach an early conclusion.

Ndiitah Nghipondoka-Robiati, Executive Director, Ministry of International Relations and Trade, Namibia, described the ToR as a milestone providing structure, transparency and predictability to the negotiations.

SACU emphasised that the agreement should consider differences in levels of development, particularly the interests of least developed and small and vulnerable economies.

Rajesh Agrawal, Commerce Secretary, stated that the proposed India–SACU PTA will cover 8 chapters.

9) Answer: C

Short Explanation:

Pharmacopoeia Commission for Indian Medicine & Homoeopathy (PCIM&H), under the Ministry of Ayush, and Indian Pharmacopoeia Commission (IPC), under the Ministry of Health & Family Welfare, renewed their Memorandum of Understanding (MoU) for implementing the “One Herb, One Standard” initiative.

The renewed MoU will remain in force for 3 years and aims to establish uniform, scientifically robust and reliable quality standards for medicinal plants used across India's traditional systems of medicine.

The MoU was exchanged by:

Dr. Kousthubha Upadhyaya – Director (In-charge), PCIM&H.

Dr. V. Kalaiselvan – Secretary-cum-Scientific Director, IPC.

Detailed Explanation:

Pharmacopoeia Commission for Indian Medicine & Homoeopathy (PCIM&H), under the Ministry of Ayush, and Indian Pharmacopoeia Commission (IPC), under the Ministry of Health & Family Welfare, renewed their Memorandum of Understanding (MoU) for implementing the “One Herb, One Standard” initiative.

The renewed MoU will remain in force for 3 years and aims to establish uniform, scientifically robust and reliable quality standards for medicinal plants used across India's traditional systems of medicine.

The MoU was exchanged by:

Dr. Kousthubha Upadhyaya – Director (In-charge), PCIM&H.

Dr. V. Kalaiselvan – Secretary-cum-Scientific Director, IPC.

The exchange took place in the presence of Prataprao Ganpatrao Jadhav, Minister of State (Independent Charge), Ministry of Ayush, and Minister of State, Ministry of Health & Family Welfare, along with Vaidya Rajesh Kotecha, Secretary, Ministry of Ayush.

“One Herb, One Standard” seeks to establish a common scientific standard for the same medicinal plant when it is used across different systems of medicine.

The initiative covers medicinal plants used in: Ayurveda, Siddha, Sowa-Rigpa, Unani, Homoeopathy

The standards will cover aspects such as quality, purity, identity and standardisation of medicinal plants and their products.

The monographs developed under the collaboration will consider Indian standards as well as international quality requirements, helping align Indian standards with global benchmarks.

10) Answer: B

Short Explanation:

Digital India BHASHINI Division (DIBD), under Digital India Corporation (DIC), Ministry of Electronics and Information Technology (MeitY), and NITI Aayog signed a Statement of Intent (SoI) to advance multilingual, voice-first Artificial Intelligence (AI) solutions for inclusive governance and citizen-centric public service delivery.

The collaboration will be implemented through the BHASHINI for Seva/Sanchalan initiative.

The SoI was signed by:

Amitabh Nag – Chief Executive Officer (CEO), Digital India BHASHINI Division.

Shoyabahmed Kalal – Director, NITI Aayog.

The partnership aims to integrate BHASHINI's multilingual Artificial Intelligence ecosystem into NITI Aayog's digital platforms and services.

Detailed Explanation:

Digital India BHASHINI Division (DIBD), under Digital India Corporation (DIC), Ministry of Electronics and Information Technology (MeitY), and NITI Aayog signed a Statement of Intent (SoI) to advance multilingual, voice-first Artificial Intelligence (AI) solutions for inclusive governance and citizen-centric public service delivery.

The collaboration will be implemented through the BHASHINI for Seva/Sanchalan initiative.

The SoI was signed by:

Amitabh Nag – Chief Executive Officer (CEO), Digital India BHASHINI Division.

Shoyabahmed Kalal – Director, NITI Aayog.

The partnership aims to integrate BHASHINI's multilingual Artificial Intelligence ecosystem into NITI Aayog's digital platforms and services.

Key objectives include:

Providing government information and services in citizens' preferred Indian languages.

Strengthening government–citizen communication.

Promoting multilingual public service delivery.

Bridging language and digital-access barriers.

The collaboration will cover BHASHINI Udyat, BHASHINI Mitra, BHASHINI AppMitra, BHASHINI Sahayogi and BHASHINI Pravakta.

Language Translation Application Programming Interfaces (APIs) and reference applications will be used to provide multilingual access to NITI Aayog services.

11) Answer: B

Short Explanation:

National Institute of Indian Medical Heritage (NIIMH), Hyderabad, under the Central Council for Research in Ayurvedic Sciences (CCRAS), Ministry of Ayush, signed a Memorandum of Understanding (MoU) with the Sevadhi Museum & Indological Research Institute (SEMIRI), Kumaranalloor, Kottayam, Kerala.

The MoU aims at the systematic digitisation and preparation of a descriptive catalogue of medical manuscripts preserved by SEMIRI.

SEMIRI has preserved more than 30,000 manuscripts, including temple records, with several manuscripts relating to Ayurveda and allied traditional knowledge systems.

Detailed Explanation:

National Institute of Indian Medical Heritage (NIIMH), Hyderabad, under the Central Council for Research in Ayurvedic Sciences (CCRAS), Ministry of Ayush, signed a Memorandum of Understanding (MoU) with the Sevadhi Museum & Indological Research Institute (SEMIRI), Kumaranalloor, Kottayam, Kerala.

The MoU aims at the systematic digitisation and preparation of a descriptive catalogue of medical manuscripts preserved by SEMIRI.

SEMIRI has preserved more than 30,000 manuscripts, including temple records, with several manuscripts relating to Ayurveda and allied traditional knowledge systems.

The medical manuscripts contain valuable information on:

Ayurvedic medical practices

Therapeutic methods

Materia medica

Diagnostic concepts

Traditional medical knowledge

Indian scholarly traditions

Under the collaboration, CCRAS-NIIMH will provide technical and scholarly expertise for:

Digitisation of medical manuscripts.

Preparation of a comprehensive descriptive catalogue.

Preservation of fragile and historically significant manuscripts through high-quality digital copies.

The descriptive catalogue will record details such as title, author, subject, script, language, material, dimensions, folio details, condition and provenance of manuscripts.

12) Answer: E

Short Explanation:

Cochin Shipyard Limited (CSL) delivered MS Maria, the second of eight HS EcoFreighter series Multi-Purpose Vessels (MPVs), to Germany-based shipping company HS Schiffahrts UG (haftungsbeschränkt) & Co. KG.

The Delivery and Acceptance Protocol for MS Maria was signed by S. Harikrishnan, Director (Operations), CSL, and Heinz Josef Schepers, Director, HS Schiffahrts UG (haftungsbeschränkt) & Co. KG.

CSL had previously delivered the first vessel of the series, MS Heinz, on 12 January 2026.

MS Maria was designed by Groot Ship Design, Netherlands, and constructed by Cochin Shipyard Limited (CSL) according to the classification rules of Det Norske Veritas (DNV).

Detailed Explanation:

Cochin Shipyard Limited (CSL) delivered MS Maria, the second of eight HS EcoFreighter series Multi-Purpose Vessels (MPVs), to Germany-based shipping company HS Schiffahrts UG (haftungsbeschränkt) & Co. KG.

The Delivery and Acceptance Protocol for MS Maria was signed by S. Harikrishnan, Director (Operations), CSL, and Heinz Josef Schepers, Director, HS Schiffahrts UG (haftungsbeschränkt) & Co. KG.

CSL had previously delivered the first vessel of the series, MS Heinz, on 12 January 2026.

MS Maria was designed by Groot Ship Design, Netherlands, and constructed by Cochin Shipyard Limited (CSL) according to the classification rules of Det Norske Veritas (DNV).

The vessel features a raked stem with the Groot Crossbow design, which is optimised to enhance speed performance and fuel efficiency, along with a transom stern.

MS Maria is a 7,000 DWT (Deadweight Tonnage) ice-class vessel designed for worldwide trade.

The vessel can carry a wide variety of cargo, including project cargo, heavy cargo, steel coils, containers, timber, paper, dry bulk cargo such as coal and grain, and dangerous goods.

 

13) Answer: C

Short Explanation:

The Indian Air Force (IAF) and the Royal Malaysian Air Force (RMAF) commenced the 3rd edition of Exercise Udara Shakti 2026 at Subang Air Base, Selangor, Malaysia, from 10 to 14 August 2026, with the flying phase from 11 to 13 August.

Exercise Udara Shakti is a biennial bilateral air exercise between India and Malaysia aimed at enhancing interoperability, operational coordination, operational learning, exchange of best practices, and defence cooperation.

The IAF deployed four Dassault Rafale fighter aircraft from No. 101 Squadron and two Boeing C-17 Globemaster III strategic transport aircraft from No. 81 Squadron.

Detailed Explanation:

The Indian Air Force (IAF) and the Royal Malaysian Air Force (RMAF) commenced the 3rd edition of Exercise Udara Shakti 2026 at Subang Air Base, Selangor, Malaysia, from 10 to 14 August 2026, with the flying phase from 11 to 13 August.

Exercise Udara Shakti is a biennial bilateral air exercise between India and Malaysia aimed at enhancing interoperability, operational coordination, operational learning, exchange of best practices, and defence cooperation.

The exercise was inaugurated at the Air Warfare Centre Auditorium, Subang Air Base, by RMAF Exercise Director Colonel Shamsul Shahreen bin Isa and IAF Exercise Director Group Captain Parijat Jha.

The IAF deployed four Dassault Rafale fighter aircraft from No. 101 Squadron and two Boeing C-17 Globemaster III strategic transport aircraft from No. 81 Squadron.

Exercise Udara Shakti 2026 marks the first participation of Rafale fighters in this exercise since their induction into the IAF in 2020.

The RMAF deployed two Sukhoi Su-30MKM fighter aircraft from No. 12 Squadron, two F/A-18D Hornet fighters from No. 18 Squadron, and one Airbus A400M transport aircraft from No. 8 Squadron.

14) Answer: C

Short Explanation:

Bank of America Corporation (BofA) and Jio Financial Services Limited (JFSL) entered into a Joint Venture (JV) Agreement for investment in Jio Credit Limited (JCL).

Under the agreement, BofA will acquire up to 49.9% stake in Jio Credit Limited (JCL), the wholly owned NBFC lending subsidiary of Jio Financial Services Limited, through the exercise of warrants.

The proposed transaction is valued at ₹18,268 crore, equivalent to approximately USD 1.9 billion, and is subject to applicable regulatory and statutory approvals.

Detailed Explanation:

Bank of America Corporation (BofA) and Jio Financial Services Limited (JFSL) entered into a Joint Venture (JV) Agreement for investment in Jio Credit Limited (JCL).

Under the agreement, BofA will acquire up to 49.9% stake in Jio Credit Limited (JCL), the wholly owned NBFC lending subsidiary of Jio Financial Services Limited, through the exercise of warrants.

The proposed transaction is valued at ₹18,268 crore, equivalent to approximately USD 1.9 billion, and is subject to applicable regulatory and statutory approvals.

As the initial investment, BofA will acquire a 26.5% equity stake in JCL through a preferential allotment of equity shares.

The initial acquisition of 26.5% stake is valued at approximately ₹6,612.90 crore.

Under the proposed governance structure, the Board of JCL will have equal representation from JFSL and BofA.

The existing management team of Jio Credit will continue to oversee the company’s strategy and operations.

15) Answer: D

Short Explanation:

Union Minister Amit Shah, who holds the portfolios of the Ministry of Home Affairs (MHA) and Ministry of Cooperation, launched the ‘Gramin Gyan Setu’ app through video conferencing to integrate libraries across the Gandhinagar Lok Sabha constituency of Gujarat.

Around 63 village libraries have already been established under the initiative, while 752 libraries have been connected through the Gramin Gyan Setu app.

Four major libraries, collectively holding around 2.8 lakh books, have been linked with the rural libraries through the app, significantly expanding the range of books available to village children.

Detailed Explanation:

Union Minister Amit Shah, who holds the portfolios of the Ministry of Home Affairs (MHA) and Ministry of Cooperation, launched the ‘Gramin Gyan Setu’ app through video conferencing to integrate libraries across the Gandhinagar Lok Sabha constituency of Gujarat.

The Gramin Gyan Setu initiative aims to provide rural children access to a much larger collection of books and promote reading habits, learning and knowledge accessibility in villages.

The app was launched on the birth anniversary of Padma Shri S. R. Ranganathan, which is observed as National Library Day, highlighting the role of libraries in promoting knowledge, reading and education.

The initiative aims to establish a library in every village, preferably near schools, to encourage children to read, learn and acquire knowledge.

Around 63 village libraries have already been established under the initiative, while 752 libraries have been connected through the Gramin Gyan Setu app.

Four major libraries, collectively holding around 2.8 lakh books, have been linked with the rural libraries through the app, significantly expanding the range of books available to village children.

 

Answer: B

Short Explanation:

Union Minister of State (Independent Charge) for Law and Justice, Arjun Ram Meghwal, launched the revamped India Code Portal on 13 August 2026 at Kartavya Bhavan 2, New Delhi.

The India Code Portal is the official digital repository of Indian legislation maintained by the Legislative Department.

India Code provides a unified digital repository of the Constitution of India, Central Acts, subordinate legislation, State Acts, State subordinate legislation, and Union Territory legislations and regulations.

The revamped portal aims to make access to laws simpler, faster, wider and more citizen-centric through modern digital technologies.

 

Detailed Explanation:

Union Minister of State (Independent Charge) for Law and Justice, Arjun Ram Meghwal, launched the revamped India Code Portal on 13 August 2026 at Kartavya Bhavan 2, New Delhi.

The India Code Portal is the official digital repository of Indian legislation maintained by the Legislative Department.

India Code provides a unified digital repository of the Constitution of India, Central Acts, subordinate legislation, State Acts, State subordinate legislation, and Union Territory legislations and regulations.

The revamped portal aims to make access to laws simpler, faster, wider and more citizen-centric through modern digital technologies.

The portal introduces AI-assisted search and interaction, enabling users to search and access legislative information more efficiently.

Important search features include semantic search and speech-based search, along with improved navigation across different legislations.

The portal enables users to access amendments and legislative history and provides links between Acts and relevant subordinate legislation.

The revamped India Code Portal is integrated with the e-Gazette ecosystem, providing easier access to official government notifications and legal instruments.

The portal also provides QR-enabled access, improved document viewing and a structured citizen-feedback mechanism.

 

17) Answer: B

Short Explanation:

Scientists led by Prof. S. D. Biju of the Department of Environmental Studies, University of Delhi discovered three new species of cascade frogs in the biodiverse forests of Northeast India.

The three newly identified species are Ammachi’s Cascade Frog (Amolops ammachi) from Jampui Hills, Tripura, Sendenyu Cascade Frog (Amolops sendenyu) from Nagaland, and Beautiful Cascade Frog (Amolops bella) from West Bengal.

Detailed Explanation:

Scientists led by Prof. S. D. Biju of the Department of Environmental Studies, University of Delhi discovered three new species of cascade frogs in the biodiverse forests of Northeast India.

The three newly identified species are Ammachi’s Cascade Frog (Amolops ammachi) from Jampui Hills, Tripura, Sendenyu Cascade Frog (Amolops sendenyu) from Nagaland, and Beautiful Cascade Frog (Amolops bella) from West Bengal.

Ammachi’s Cascade Frog (Amolops ammachi) was named after Padmini Varkey, a Kerala-based social worker and philanthropist who was affectionately known as “Ammachi”, meaning mother.

Amolops ammachi is a medium-sized frog measuring around 80 mm and is characterised by a light brown body with olive-green reticulated patterns.

Sendenyu Cascade Frog (Amolops sendenyu) was discovered in Nagaland and was named after Sendenyu Village.

Beautiful Cascade Frog (Amolops bella) was discovered in West Bengal and is characterised by a striking green body with yellowish-green or reddish-brown mosaic patterns.

 

18) Answer: A

Short Explanation:

NASA (National Aeronautics and Space Administration) has invited the Indian Space Research Organisation (ISRO) to participate in its Moon Base Programme, marking an expansion of India–US space cooperation from Earth observation and individual missions towards long-term lunar exploration and human spaceflight.

The formal invitation was extended during the 9th meeting of the India–US Civil Space Joint Working Group (CSJWG) held at ISRO headquarters in Bengaluru.

The Moon Base Programme was announced during NASA’s “Ignition” event on 24 March 2026, as part of initiatives to implement the US National Space Policy and strengthen American leadership in space.

Detailed Explanation:

NASA (National Aeronautics and Space Administration) has invited the Indian Space Research Organisation (ISRO) to participate in its Moon Base Programme, marking an expansion of India–US space cooperation from Earth observation and individual missions towards long-term lunar exploration and human spaceflight.

The formal invitation was extended during the 9th meeting of the India–US Civil Space Joint Working Group (CSJWG) held at ISRO headquarters in Bengaluru.

NASA’s Moon Base Programme aims to establish humanity’s first long-term outpost on another celestial body, near the Moon’s South Pole, through a combination of robotic and crewed missions.

The programme will be implemented in three broad phases, covering robotic exploration, infrastructure development and the establishment of a permanent lunar outpost.

Phase 1 (up to 2029) will focus mainly on robotic exploration of the lunar South Pole, technology demonstrations and preparations for future human operations.

Phase 2 (2029–2032) will focus on developing and deploying essential systems and infrastructure for sustained lunar operations, including technologies to support astronauts and scientific activities.

Phase 3 will involve assembling a permanent lunar outpost where astronauts can live, work and conduct scientific research for extended periods.

The proposed lunar outpost would provide valuable experience in long-duration human operations in an environment far from Earth and help advance technologies for future deep-space exploration.

The Moon Base Programme was announced during NASA’s “Ignition” event on 24 March 2026, as part of initiatives to implement the US National Space Policy and strengthen American leadership in space.

19) Answer: D

Short Explanation:

Sarla Aviation received Design Organisation Approval (DOA) from the Directorate General of Civil Aviation (DGCA).

The approval was handed over by Union Civil Aviation Minister K. Rammohan Naidu during the inauguration of Sarla Aviation’s new headquarters in Bengaluru.

Design Organisation Approval (DOA) is a regulatory authorisation granted by the DGCA to organisations undertaking aircraft design activities in India.

Detailed Explanation:

Sarla Aviation received Design Organisation Approval (DOA) from the Directorate General of Civil Aviation (DGCA).

The approval was handed over by Union Civil Aviation Minister K. Rammohan Naidu during the inauguration of Sarla Aviation’s new headquarters in Bengaluru.

Design Organisation Approval (DOA) is a regulatory authorisation granted by the DGCA to organisations undertaking aircraft design activities in India.

DOA applies to aerospace companies involved in developing aircraft structures, systems and related design documentation under civil aviation regulations.

Sarla Aviation became India’s third eVTOL Design Organisation Approval holder in 2026, marking an important development in India’s electric aviation sector.

eVTOL stands for Electric Vertical Take-Off and Landing, referring to aircraft designed for vertical lift and electric propulsion.

Sarla Aviation was founded in October 2023 by Adrian Schmidt, Rakesh Gaonkar and Shivam Chauhan and is based in Bengaluru.

The Bengaluru-based startup is backed by investors including Accel, Binny Bansal and Nikhil Kamath.

 

20) Answer: C

Short Explanation:

Former Chinese Premier Zhu Rongji passed away at the age of 97 in Beijing, China.

Zhu Rongji was born in 1928 in Hunan Province, China.

Zhu Rongji was a key architect of China’s economic reforms and played a major role in restructuring the country’s state-owned enterprises.

Detailed Explanation:

Former Chinese Premier Zhu Rongji passed away at the age of 97 in Beijing, China.

Zhu Rongji was born in 1928 in Hunan Province, China.

Zhu Rongji was a key architect of China’s economic reforms and played a major role in restructuring the country’s state-owned enterprises.

He spearheaded reforms in areas including state-owned enterprises, taxation, inflation control, housing, banking and industry, with a focus on improving economic efficiency.

Zhu Rongji became Deputy Premier of China in 1991 following his rise through Shanghai’s political leadership.

He joined the Communist Party of China’s Politburo Standing Committee in 1993.

China’s WTO entry in 2001 helped boost the country’s exports and accelerate its integration into the global economy.

 

21) Answer: E

Short Explanation:

Independence Day is celebrated annually on 15 August to commemorate India's independence from British colonial rule.

India became an independent nation on 15 August 1947, ending nearly two centuries of British rule.

India’s Independence Day in 2026 marks the 80th Independence Day.

Jawaharlal Nehru, the first Prime Minister of independent India, delivered his historic “Tryst with Destiny” speech at midnight on 14–15 August 1947.

On 15 August 1947, Jawaharlal Nehru hoisted the Indian National Flag at the Red Fort, New Delhi, marking India's first Independence Day.

Detailed Explanation:

Independence Day is celebrated annually on 15 August to commemorate India's independence from British colonial rule.

India became an independent nation on 15 August 1947, ending nearly two centuries of British rule.

India’s Independence Day in 2026 marks the 80th Independence Day.

Jawaharlal Nehru, the first Prime Minister of independent India, delivered his historic “Tryst with Destiny” speech at midnight on 14–15 August 1947.

On 15 August 1947, Jawaharlal Nehru hoisted the Indian National Flag at the Red Fort, New Delhi, marking India's first Independence Day.

Mahatma Gandhi (Mohandas Karamchand Gandhi) played a pivotal role in India's freedom movement through non-violent resistance and civil disobedience.

Independence Day is commemorated through flag-hoisting ceremonies, cultural programmes and patriotic events across the country.

The Prime Minister of India traditionally hoists the National Flag at the Red Fort, New Delhi, and addresses the nation on Independence Day.

22) Answer: B

The Indian government has set a target of introducing operational electric air taxis by 2028 in congested metropolitan cities such as Bengaluru, Mumbai and Delhi.

The DGCA is expected to monitor the testing and flight-test phase of Sarla Aviation’s eVTOL aircraft in 2027.

Urban Air Mobility (UAM) refers to the use of small aircraft, including eVTOL platforms, for short-distance transportation within cities.

Key features of eVTOL aircraft include electric propulsion, vertical take-off and landing, and reduced dependence on runways.

23) Answer: A

Sarla Aviation became India’s third eVTOL Design Organisation Approval holder in 2026, marking an important development in India’s electric aviation sector.

eVTOL stands for Electric Vertical Take-Off and Landing, referring to aircraft designed for vertical lift and electric propulsion.

Sarla Aviation was founded in October 2023 by Adrian Schmidt, Rakesh Gaonkar and Shivam Chauhan and is based in Bengaluru.

 

24) Answer: C

The Eighth Schedule of the Constitution originally contained 14 languages and now includes 22 languages.

The Constitution of India came into force on 26 January 1950.

The National Informatics Centre (NIC), established in 1976, provided technical support for the portal and functions under the Ministry of Electronics and Information Technology (MeitY).

The Legislative Department, NIC and IndiaAI Mission were involved in the technological development and revamp of the portal.

 

25) Answer: C

Under the FY27 Budget, India’s government debt-to-GDP ratio was estimated at 55.6%, lower than 56.1% in FY26.

The Government of India has set a target of reducing the debt-to-GDP ratio to 50% by March 2031.

Fitch estimates India’s medium-term potential GDP growth at 6.4%, supported by public capex, private investment recovery and favourable demographic trends.

India’s external finances remain strong, supported by a low current account deficit (CAD), net external creditor position and high foreign-exchange reserves.