Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2026 of 15th May  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) In 2026, the Reserve Bank of India (RBI) cancelled the banking licence of which co-operative bank based in Mumbai, Maharashtra?

(a) Cosmos Co-operative Bank Limited

(b) Saraswat Co-operative Bank Limited

(c) Sarvodaya Co-operative Bank Limited

(d) Shamrao Vithal Co-operative Bank Limited

(e) Janata Sahakari Bank Limited

2) In 2026, which organisation signed an MoU with the Reserve Bank Innovation Hub (RBIH) to strengthen AI-based detection of mule accounts and cyber financial frauds in India?

(a) National Crime Records Bureau (NCRB)

(b) Indian Cyber Crime Coordination Centre (I4C)

(c) Central Bureau of Investigation (CBI)

(d) National Informatics Centre (NIC)

(e) Financial Intelligence Unit-India (FIU-IND)

 

3) In 2026, consider the following statements regarding Foreign Portfolio Investors (FPIs) in India:

1. FPI holding in Indian equities declined to 14% in June 2026, the lowest level in nearly 14 years.
2. Domestic Institutional Investors (DIIs) increased their stake in Indian equities to 18.9%.
3. Under India’s current rules, an FPI can hold up to 10% stake in a company without being classified as Foreign Direct Investment (FDI).

Which of the above statements is/are correct?

(a) 1 only

(b) 1 and 2 only

(c) 2 and 3 only

(d) 1, 2 and 3

(e) 3 only

 

4) In 2026, the Reserve Bank of India (RBI) relaxed norms related to inclusion of quarterly profits in which capital component used for calculating the Capital to Risk Weighted Assets Ratio (CRAR)?

(a) Tier 2 Capital

(b) Additional Tier 1 (AT1) Capital

(c) Common Equity Tier 1 (CET1) Capital

(d) Cash Reserve Ratio (CRR)

(e) Statutory Liquidity Ratio (SLR)

 

5) In 2026, the Ministry of Statistics and Programme Implementation (MoSPI) directed all States and Union Territories to shift the Gross State Domestic Product (GSDP) base year to which year by FY27?

(a) 2004–05

(b) 2011–12

(c) 2015–16

(d) 2020–21

(e) 2022–23

6) In 2026, which bank launched the new credit card portfolio comprising AU Ananta, AU Laksya, AU Tejas, and AU Prathama cards?

(a) Equitas Small Finance Bank

(b) Jana Small Finance Bank

(c) Ujjivan Small Finance Bank

(d) AU Small Finance Bank

(e) ESAF Small Finance Bank

 

7) In 2026, the Union Cabinet approved the Ahmedabad (Sarkhej)–Dholera Semi High-Speed Double Line rail project at an estimated cost of how much?

(a) ₹10,450 crore

(b) ₹15,320 crore

(c) ₹18,900 crore

(d) ₹20,667 crore

(e) ₹25,780 crore

 

8) In 2026, the Union Cabinet approved a scheme of ₹37,500 crore to promote which of the following?

(a) Surface coal and lignite gasification projects

(b) Offshore wind energy projects

(c) Green hydrogen export hubs

(d) Nuclear power expansion projects

(e) Solar panel manufacturing units

 

9) In 2026, what is the duration of internship under the Prime Minister Internship Scheme?

(a) 3 months

(b) 6 months

(c) 9 months

(d) 12 months

(e) 18 months

 

10) In 2026, the Government of India imposed a ban on sugar exports until which date to safeguard domestic supply and control inflation risks?

(a) 30 September 2026

(b) 30 June 2026

(c) 31 July 2026

(d) 31 March 2026

(e) 31 December 2026

11) In 2026, the Government of India set an export target of how much for the current financial year?

(a) 500 billion US dollars

(b) 750 billion US dollars

(c) 863 billion US dollars

(d) 1.5 trillion US dollars

(e) 1 trillion US dollars

 

12) In 2026, which state government approved the draft Uniform Civil Code (UCC) Bill?

(a) Gujarat

(b) Uttarakhand

(c) Assam

(d) Madhya Pradesh

(e) Goa

 

13) In 2026, Uber partnered with which group to establish its first data centre in India?

(a) Adani Group

(b) Reliance Industries

(c) Tata Group

(d) Bharti Group

(e) Vedanta Group

 

14) In 2026, which feedstock became the largest contributor to India’s ethanol production, surpassing sugarcane-based sources?

(a) Wheat

(b) Maize

(c) Barley

(d) Rice

(e) Sugar beet

 

15) In 2026, which edition of the Indian Ocean Dialogue was hosted by India in New Delhi under the theme “Indian Ocean Region in a Transforming World”?

(a) 5th

(b) 7th

(c) 8th

(d) 9th

(e) 10th

 

16) In 2026, who was elected as the President of the Confederation of Indian Industry (CII) for the 2026–27 term?

(a) Rajiv Memani

(b) Shashwat Goenka

(c) R Mukundan

(d) N. Chandrasekaran

(e) Dr Suchitra K. Ella

17) In 2026, who was sworn in as the new Prime Minister of Hungary after the parliamentary election victory of the Tisza Party?

(a) Viktor Orbán

(b) Gergely Karácsony

(c) Péter Szijjártó

(d) Peter Magyar

(e) Katalin Novák

 

18) In 2026, the oath of office and secrecy to Assam Chief Minister Himanta Biswa Sarma was administered according to which Schedule of the Constitution of India?

(a) First Schedule

(b) Second Schedule

(c) Third Schedule

(d) Fourth Schedule

(e) Fifth Schedule

 

19)  In 2026, which conference focusing on India’s defence transformation, indigenous capability development, and future warfighting preparedness will be inaugurated in New Delhi?

(a) DefExpo

(b) Aero India

(c) Bharat Defence Summit

(d) Kalam & Kavach

(e) Raksha Manthan

 

20) In 2026, the Competition Commission of India (CCI) approved the acquisition of a 7.14% stake in Lloyds Engineering Works Limited by which company?

(a) Adani Enterprises Limited

(b) Tata Steel Limited

(c) Thriveni Earthmovers Private Limited

(d) JSW Infrastructure Limited

(e) Vedanta Limited

21) In 2026, the Technology Development Board (TDB) signed an agreement with Helix Cell Therapeutics Private Limited for developing dual-targeting CAR-T cell therapy to treat which disease?

(a) Multiple Myeloma

(b) Lung cancer

(c) Leukemia

(d) Breast cancer

(e) Lymphoma

 

22) In 2026, Samsung Electronics became only the second Asian company to cross a $1 trillion market valuation, after which company?

(a) Sony Corporation

(b) Taiwan Semiconductor Manufacturing Company (TSMC)

(c) Intel Corporation

(d) Alibaba Group

(e) SK Hynix

23) In 2026, what is the theme of the International Day of Families observed on 15 May?

(a) Families, Inequalities and Child Wellbeing

(b) Strong Families, Strong Nations

(c) Families and Sustainable Development

(d) Empowering Families for Equality

(e) Families for a Better Future

24) In 2026, what is the currency of Hungary?

(a) Euro

(b) Krona

(c) Dinar

(d) Franc

(e) Forint

 

25) In 2026, under which Article of the Constitution of India does the Governor appoint the Chief Minister?

(a) Article 153

(b) Article 162

(c) Article 163

(d) Article 164

(e) Article 165


Answers:

1) Answer: C

Short Explanation:

The Reserve Bank of India (RBI) has cancelled the banking licence of Sarvodaya Co-operative Bank Limited, based in Mumbai, Maharashtra, under Sections 22(4) and 56 of the Banking Regulation Act, 1949.

The licence was cancelled due to inadequate capital, weak earning prospects, inability to repay depositors in full, and non-compliance with capital adequacy and licensing norms under Sections 11(1) and 22(3) of the Banking Regulation Act.

The RBI observed that continuation of the bank’s operations would be prejudicial to the interests of depositors, leading to the cancellation decision.

Detailed Explanation:

The Reserve Bank of India (RBI) has cancelled the banking licence of Sarvodaya Co-operative Bank Limited, based in Mumbai, Maharashtra, under Sections 22(4) and 56 of the Banking Regulation Act, 1949.

The licence was cancelled due to inadequate capital, weak earning prospects, inability to repay depositors in full, and non-compliance with capital adequacy and licensing norms under Sections 11(1) and 22(3) of the Banking Regulation Act.

The RBI observed that continuation of the bank’s operations would be prejudicial to the interests of depositors, leading to the cancellation decision.

The RBI directed the Maharashtra Registrar of Co-operative Societies (RCS) to initiate the winding-up process of Sarvodaya Co-operative Bank Limited and appoint a liquidator.

Following the cancellation, the bank has been prohibited from accepting deposits, repaying existing deposits, and carrying out any banking operations.

The Deposit Insurance and Credit Guarantee Corporation (DICGC) provides insurance coverage of up to ₹5 lakh per depositor per bank, covering both principal and interest on savings, current, fixed, and recurring deposits.

 

2) Answer: B

Short Explanation:

The Indian Cyber Crime Coordination Centre (I4C) under the Ministry of Home Affairs (MHA) and the Reserve Bank Innovation Hub (RBIH), a subsidiary of the Reserve Bank of India (RBI), have signed a Memorandum of Understanding (MoU) to strengthen AI-based detection of mule accounts and cyber financial frauds in India.

The MoU was signed by Roopa M (IG, Administration, I4C) and Sahil Kinni (CEO, RBIH) in the presence of Rohit Jain, Deputy Governor of RBI, in New Delhi.

Detailed Explanation:

The Indian Cyber Crime Coordination Centre (I4C) under the Ministry of Home Affairs (MHA) and the Reserve Bank Innovation Hub (RBIH), a subsidiary of the Reserve Bank of India (RBI), have signed a Memorandum of Understanding (MoU) to strengthen AI-based detection of mule accounts and cyber financial frauds in India.

The MoU was signed by Roopa M (IG, Administration, I4C) and Sahil Kinni (CEO, RBIH) in the presence of Rohit Jain, Deputy Governor of RBI, in New Delhi.

The key objective of the MoU is to enhance fraud-risk intelligence sharing, analytical support, and operational coordination for building a stronger fraud detection and prevention framework.

Under the agreement, I4C and RBIH will share mule account intelligence and suspect data from the I4C–MHA Suspect Registry to improve AI-driven fraud detection systems such as MuleHunter.ai used by banks.

The initiative will help RBIH improve AI models for fraud risk assessment and detection, enabling proactive identification of suspicious financial activities across the banking ecosystem.

 

3) Answer: D

Short Explanation:

Foreign Portfolio Investors (FPIs) holding in Indian equities declined to 14% in June 2026, marking the lowest level in nearly 14 years, indicating sustained foreign selling pressure in Indian markets.

At the same time, Domestic Institutional Investors (DIIs) increased their stake to 18.9%, reflecting the rising dominance and strength of domestic capital in Indian equities.

As per India’s current rules, an FPI can hold up to 10% stake in a company without being classified as Foreign Direct Investor (FDI).

Detailed Explanation:

Foreign Portfolio Investors (FPIs) holding in Indian equities declined to 14% in June 2026, marking the lowest level in nearly 14 years, indicating sustained foreign selling pressure in Indian markets.

At the same time, Domestic Institutional Investors (DIIs) increased their stake to 18.9%, reflecting the rising dominance and strength of domestic capital in Indian equities.

Foreign Portfolio Investment (FPI) refers to investments by foreign entities in financial assets such as stocks, bonds, and securities without acquiring control over companies.

Unlike Foreign Direct Investment (FDI), which involves controlling ownership in businesses, FPI is passive and short-term in nature, with no management control.

As per India’s current rules, an FPI can hold up to 10% stake in a company without being classified as Foreign Direct Investor (FDI).

According to NSDL data (May 2026), FPIs were net sellers in 4 out of 5 trading sessions, indicating continuous foreign outflows from Indian equities.

The highest single-day selling was recorded on May 7, 2026, with outflows of ₹5,697.61 crore, while total weekly FPI outflows stood at ₹14,207.20 crore.

Despite occasional buying, FPIs showed overall weak sentiment, with only one session witnessing net inflows of ₹2,969.02 crore.

 

4) Answer: C

Short Explanation:

The Reserve Bank of India (RBI) issued amended directions relaxing norms for inclusion of quarterly profits in Common Equity Tier 1 (CET1) capital for calculating the Capital to Risk Weighted Assets Ratio (CRAR).

The revised framework allows banks to include current year quarterly profits in CET1 capital without the earlier additional qualifying condition.

Earlier, banks could include quarterly profits only if incremental NPA provisions in the previous financial year did not deviate by more than 25% from the four-quarter average.

Under the revised rules, the restriction linked to NPA provisioning variability has been removed after stakeholder feedback.

Detailed Explanation:

The Reserve Bank of India (RBI) issued amended directions relaxing norms for inclusion of quarterly profits in Common Equity Tier 1 (CET1) capital for calculating the Capital to Risk Weighted Assets Ratio (CRAR).

The revised framework allows banks to include current year quarterly profits in CET1 capital without the earlier additional qualifying condition.

Earlier, banks could include quarterly profits only if incremental NPA provisions in the previous financial year did not deviate by more than 25% from the four-quarter average.

Under the revised rules, the restriction linked to NPA provisioning variability has been removed after stakeholder feedback.

The relaxation applies to commercial banks, small finance banks, and payments banks, and comes into effect immediately.

Similar directions have also been issued for Small Finance Banks (SFBs) and Payments Banks (PBs) under RBI regulations.

The RBI clarified that the amendment was made after stakeholder consultation, though it rejected the proposal to shift fully to annual CET1 accounting due to concerns over temporary profit spikes.

 

5) Answer: E

Short Explanation:

The Ministry of Statistics and Programme Implementation (MoSPI) has directed all States and Union Territories to shift their Gross State Domestic Product (GSDP) base year from 2011–12 to 2022–23 by FY27.

The move aligns with the revised national GDP base year of 2022–23, aimed at improving accuracy, consistency, and comparability of economic data.

Currently, 34 States/UTs are still using the 2011–12 base year for GSDP estimation.

MoSPI revised the national accounts base year in February 2026, incorporating new data sources, improved methodology, and updated economic structure coverage.

Detailed Explanation:

The Ministry of Statistics and Programme Implementation (MoSPI) has directed all States and Union Territories to shift their Gross State Domestic Product (GSDP) base year from 2011–12 to 2022–23 by FY27.

The move aligns with the revised national GDP base year of 2022–23, aimed at improving accuracy, consistency, and comparability of economic data.

Currently, 34 States/UTs are still using the 2011–12 base year for GSDP estimation.

MoSPI revised the national accounts base year in February 2026, incorporating new data sources, improved methodology, and updated economic structure coverage.

The revision better captures informal sector activity, service sector growth, and structural economic changes.

States and UTs are now required to adopt the new base year to ensure uniform regional economic measurement and national-level consistency.

A Sub-Committee on Regional Accounts under the Advisory Committee on National Accounts Statistics (ACNAS) has been formed to guide implementation and review methodology.

The committee is chaired by Prof. Ravindra H. Dholakia (IIM Ahmedabad) with members from RBI, NITI Aayog, academia, and state governments.

The revised framework focuses on improving Gross State Value Added (GSVA) and GSDP estimation, where GSDP = GSVA + Net Taxes on Products.

Key priorities include expanded data integration, improved estimation techniques, and standardized statistical practices across States/UTs.

GSDP is a key indicator for measuring state-level economic performance, sectoral growth, fiscal planning, and industrial output.

6) Answer: D

Short Explanation:

AU Small Finance Bank (AU SFB) has launched a new credit card portfolio comprising four cards — AU Ananta, AU Laksya, AU Tejas, and AU Prathama — to strengthen its retail credit card business across Tier-1 and Tier-2 cities.

The portfolio is designed to cater to customers across different income groups and lifestyle segments, enhancing financial inclusion and retail banking penetration.

Detailed Explanation:

AU Small Finance Bank (AU SFB) has launched a new credit card portfolio comprising four cards — AU Ananta, AU Laksya, AU Tejas, and AU Prathama — to strengthen its retail credit card business across Tier-1 and Tier-2 cities.

The portfolio is designed to cater to customers across different income groups and lifestyle segments, enhancing financial inclusion and retail banking penetration.

The launch includes an industry-first feature offering complimentary airport lounge access through flight bookings made on the AU Rewardz platform.

AU Ananta Credit Card targets affluent achievers, offering premium travel and lifestyle benefits, including reward points, airport lounge access, milestone bonuses, insurance cover, and no-cost EMI on travel expenses.

AU Laksya Credit Card is designed for Gen Z and mid-career professionals, offering reward points, grocery and food delivery discounts, Buy-One-Get-One (BOGO) movie tickets, lounge access, and zero-fee EMI conversions.

 

7) Answer: D

Short Explanation:

The Union Cabinet has approved the Ahmedabad (Sarkhej)–Dholera Semi High-Speed Double Line rail project at an estimated cost of ₹20,667 crore.

The project aims to enhance connectivity between Ahmedabad and Dholera and support major upcoming infrastructure developments.

The approval was granted by the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, under the Ministry of Railways.

It will be Indian Railways’ first semi high-speed rail corridor developed using indigenous technology, marking a key step in railway modernisation.

The project has a total outlay of ₹20,667 crore and is expected to be completed by Financial Year 2030-2031.

Detailed Explanation:

The Union Cabinet has approved the Ahmedabad (Sarkhej)–Dholera Semi High-Speed Double Line rail project at an estimated cost of ₹20,667 crore.

The project aims to enhance connectivity between Ahmedabad and Dholera and support major upcoming infrastructure developments.

The approval was granted by the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, under the Ministry of Railways.

It will be Indian Railways’ first semi high-speed rail corridor developed using indigenous technology, marking a key step in railway modernisation.

The project has a total outlay of ₹20,667 crore and is expected to be completed by Financial Year 2030-2031.

The new rail corridor will add approximately 134 kilometres to India’s railway network.

The corridor is strategically important for Gujarat’s economic development, as it will provide direct connectivity between:

Ahmedabad

Dholera Special Investment Region

Dholera International Airport (upcoming)

Lothal National Maritime Heritage Complex

 

8) Answer: A

Short Explanation:

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a ₹37,500 crore scheme to promote surface coal and lignite gasification projects.

The initiative aims to reduce dependence on imported fuels and industrial chemicals and strengthen India’s energy security.

The scheme has a total financial outlay of ₹37,500 crore and targets the gasification of 75 million tonnes of coal and lignite.

Detailed Explanation:

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a ₹37,500 crore scheme to promote surface coal and lignite gasification projects.

The initiative aims to reduce dependence on imported fuels and industrial chemicals and strengthen India’s energy security.

The scheme has a total financial outlay of ₹37,500 crore and targets the gasification of 75 million tonnes of coal and lignite.

It supports India’s broader goal of achieving 100 million tonnes of coal gasification by 2030.

The policy is designed to encourage industrial investment in the production of synthesis gas and downstream products, including:

Methanol

Ammonia

Urea

Synthetic Natural Gas

Ammonium nitrate

Other industrial chemicals

Coal gasification is a process in which coal or lignite is converted into synthesis gas, instead of being directly burned.

 

9) Answer: D

Short Explanation:

The Central Government has launched the Prime Minister Internship Scheme 2026 to provide practical workplace experience and improve employability among youth.

The scheme aims to offer internship opportunities to one crore youth over the next five years, making it a large-scale skill development initiative.

It is designed to bridge the gap between classroom education and industry requirements by enabling hands-on experience in leading companies across sectors.

The pilot phase was launched in Financial Year 2024-2025 with a target of 1.25 lakh internship opportunities.

The internship duration is 12 months, ensuring adequate exposure to workplace conditions.

Detailed Explanation:

The Central Government has launched the Prime Minister Internship Scheme 2026 to provide practical workplace experience and improve employability among youth.

The scheme aims to offer internship opportunities to one crore youth over the next five years, making it a large-scale skill development initiative.

It is designed to bridge the gap between classroom education and industry requirements by enabling hands-on experience in leading companies across sectors.

The pilot phase was launched in Financial Year 2024-2025 with a target of 1.25 lakh internship opportunities.

The scheme focuses on improving job readiness, workplace understanding, communication skills, and technical abilities.

The scheme provides an opportunity for candidates to work in real professional environments instead of relying only on theoretical learning.

Eligibility includes:

Students trained at Industrial Training Institutes

Candidates from skill development centres

Unemployed youth seeking workplace exposure

Applicants not engaged in full-time employment

Ineligible categories include:

Graduates from premier institutions such as Indian Institutes of Technology and Indian Institutes of Management

Candidates with professional qualifications such as Chartered Accountant and Cost and Management Accountant

The internship duration is 12 months, ensuring adequate exposure to workplace conditions.

At least half of the internship period involves direct practical work experience, allowing candidates to actively participate in real-world tasks.

The scheme is expected to improve employability, reduce skill gaps, and support workforce readiness in the country.

 

10) Answer: A

Short Explanation:

The Government of India has imposed an immediate ban on sugar exports until 30 September 2026 to safeguard domestic supply and control inflation risks.

As the world’s second-largest sugar producer, this move is expected to  impact both domestic availability and global sugar prices.

The Directorate General of Foreign Trade under the Ministry of Commerce and Industry has changed the sugar export policy from “restricted” to “prohibited”, marking a significant policy shift.

Detailed Explanation:

The Government of India has imposed an immediate ban on sugar exports until 30 September 2026 to safeguard domestic supply and control inflation risks.

As the world’s second-largest sugar producer, this move is expected to  impact both domestic availability and global sugar prices.

The Directorate General of Foreign Trade under the Ministry of Commerce and Industry has changed the sugar export policy from “restricted” to “prohibited”, marking a significant policy shift.

The ban applies to:

Raw sugar

White sugar

Refined sugar

Earlier, India had allowed controlled exports based on surplus production expectations, but the current decision reflects tightening supply conditions.

The ban is effective immediately and will remain in force until 30 September 2026 or until further orders.

Certain limited exemptions have been provided under the policy:

Exports where loading began before 13 May 2026

Shipments already handed over to customs before notification

Exports approved by the government for food security support to other countries

Exports to the European Union and the United States under existing tariff-rate quota arrangements

11) Answer: E

Short Explanation:

The Government of India has set an ambitious export target of 1 trillion United States dollars for the current financial year, following a record export of 863 billion United States dollars in Financial Year 2025-2026.

The roadmap was announced by Union Minister of Commerce and Industry Piyush Goyal while releasing the Logistics Ease Across Different States Report 2025 and honouring logistics leaders at the Logistics Excellence Advancement and Performance Shield Awards 2025 in New Delhi.

Detailed Explanation:

The Government of India has set an ambitious export target of 1 trillion United States dollars for the current financial year, following a record export of 863 billion United States dollars in Financial Year 2025-2026.

The roadmap was announced by Union Minister of Commerce and Industry Piyush Goyal while releasing the Logistics Ease Across Different States Report 2025 and honouring logistics leaders at the Logistics Excellence Advancement and Performance Shield Awards 2025 in New Delhi.

The achievement comes despite major global disruptions such as:

West Asia geopolitical tensions

Ongoing Ukraine conflict

Slower global economic growth

Trade uncertainty and tariff pressures

According to the Ministry of Commerce and Industry, services exports grew by around 8.5 percent to 9 percent, while overall exports increased by nearly 5 percent year on year.

India has expanded its Free Trade Agreement network, covering 38 developed and prosperous economies through nine Free Trade Agreements in the last three and a half years.

Out of these, four Free Trade Agreements are already operational, while five more are expected to become active within the next 12 months.

 

12) Answer: C

Short Explanation:

The State Government of Assam has approved the draft Uniform Civil Code Bill, marking a major legal and political development in the state.

The decision was taken by the Assam Cabinet led by Chief Minister Himanta Biswa Sarma.

The Bill is expected to be introduced in the Assam Legislative Assembly on May 26.

The proposed law will cover key civil matters, including:

Marriage

Divorce

Property succession

Live-in relationships

Compulsory marriage registration

Mandatory divorce registration

Detailed Explanation:

The State Government of Assam has approved the draft Uniform Civil Code Bill, marking a major legal and political development in the state.

The decision was taken by the Assam Cabinet led by Chief Minister Himanta Biswa Sarma.

The Bill is expected to be introduced in the Assam Legislative Assembly on May 26.

The proposed law will cover key civil matters, including:

Marriage

Divorce

Property succession

Live-in relationships

Compulsory marriage registration

Mandatory divorce registration

With this move, Assam becomes one of the few states moving towards a state-level Uniform Civil Code framework.

A Uniform Civil Code refers to a common set of civil laws applicable to all citizens irrespective of religion, covering areas such as marriage, divorce, inheritance, adoption, and succession.

 

13) Answer: A

Short Explanation:

Uber has partnered with the Adani Group to establish its first data centre in India, marking a significant expansion of its digital and engineering infrastructure in one of its most important global markets.

The announcement was made by Chief Executive Officer Dara Khosrowshahi after a meeting with Gautam Adani in Ahmedabad.

The proposed facility will be Uber’s first data centre in India and is expected to strengthen the company’s digital backbone for technology development and deployment.

Detailed Explanation:

Uber has partnered with the Adani Group to establish its first data centre in India, marking a significant expansion of its digital and engineering infrastructure in one of its most important global markets.

The announcement was made by Chief Executive Officer Dara Khosrowshahi after a meeting with Gautam Adani in Ahmedabad.

The proposed facility will be Uber’s first data centre in India and is expected to strengthen the company’s digital backbone for technology development and deployment.

According to Uber, the data centre will enable the company to test, scale, and deploy technology solutions from India for its global operations, enhancing its international service capabilities.

India has become a crucial hub in Uber’s global technology ecosystem, with the company already operating one of its largest engineering and product development centres outside the United States in Bengaluru.

India offers several strategic advantages for Uber’s expansion, including:

Large and skilled engineering talent pool

Rapidly expanding digital economy

Growing demand for cloud and Artificial Intelligence infrastructure

Highly competitive technology ecosystem

Strong startup and innovation environment

Increasing enterprise digitisation across sectors

These factors make India a preferred destination for deeper infrastructure investment by global technology companies.

A data centre is a facility that houses computing infrastructure used for processing, storing, and managing digital data.

 

14) Answer: B

Short Explanation:

India’s ethanol programme is witnessing a major shift as maize becomes the largest ethanol feedstock, surpassing sugarcane-based sources.

During the first half of Ethanol Supply Year 2025-2026, total ethanol supplies crossed 515 crore litres, indicating strong progress in clean fuel transition.

According to estimates by the All-India Distillers Association, maize has become the single largest contributor to ethanol production.

Maize contributed around 182 crore litres, the highest among all feedstocks.

Detailed Explanation:

India’s ethanol programme is witnessing a major shift as maize becomes the largest ethanol feedstock, surpassing sugarcane-based sources.

During the first half of Ethanol Supply Year 2025-2026, total ethanol supplies crossed 515 crore litres, indicating strong progress in clean fuel transition.

According to estimates by the All-India Distillers Association, maize has become the single largest contributor to ethanol production.

Maize contributed around 182 crore litres, the highest among all feedstocks.

Other contributors include:

Surplus rice and surplus food grains: around 125 crore litres

Damaged food grains: approximately 26 crore litres

This marks a significant structural change in India’s ethanol production strategy.

Total ethanol supply of 515 crore litres has been achieved against the contracted target of 1,059 crore litres, covering nearly 49 percent of annual supply in the first half.

 

15) Answer: E

Short Explanation:

India hosted the 10th edition of the Indian Ocean Dialogue in New Delhi under the theme “Indian Ocean Region in a Transforming World.”

The Dialogue was organised by the Ministry of External Affairs in collaboration with the Indian Council of World Affairs and the Indian Ocean Rim Association Secretariat.

The event brought together senior officials, policymakers, scholars, and experts from member states and dialogue partners to discuss key regional developments and emerging challenges.

Detailed Explanation:

India hosted the 10th edition of the Indian Ocean Dialogue in New Delhi under the theme “Indian Ocean Region in a Transforming World.”

The Dialogue was organised by the Ministry of External Affairs in collaboration with the Indian Council of World Affairs and the Indian Ocean Rim Association Secretariat.

The event brought together senior officials, policymakers, scholars, and experts from member states and dialogue partners to discuss key regional developments and emerging challenges.

The inaugural session featured addresses by:

Sarbananda Sonowal, Minister of Ports, Shipping and Waterways of India

Dhananjay Ramful, Minister of Regional Integration and International Trade of Mauritius

Waleed Mohammed Al Qadimi, Minister of State of Yemen

They emphasised the need for enhanced cooperation, collective security, and sustainable development in the Indian Ocean Region amid changing geopolitical and economic conditions.

16) Answer: C

The Confederation of Indian Industry (CII) elected R Mukundan as its President for 2026–27, succeeding Rajiv Memani after the announcement by the newly constituted CII National Council.

R Mukundan is the Managing Director (MD) and Chief Executive Officer (CEO) of Tata Chemicals.

The CII also elected Dr Suchitra K. Ella as President-Designate and Shashwat Goenka as Vice President for the 2026–27 term.

 

17) Answer: D

Short Explanation:

Peter Magyar was sworn in as the new Prime Minister of Hungary after his party secured victory in the parliamentary elections.

His victory marks the end of nearly two decades of political dominance by former Prime Minister Viktor Orbán and his Fidesz government.

Magyar’s centre-right Tisza Party achieved a historic win by securing a two-thirds majority with 141 seats in the 199-member National Assembly.

Detailed Explanation:

Peter Magyar was sworn in as the new Prime Minister of Hungary after his party secured victory in the parliamentary elections.

His victory marks the end of nearly two decades of political dominance by former Prime Minister Viktor Orbán and his Fidesz government.

Magyar’s centre-right Tisza Party achieved a historic win by securing a two-thirds majority with 141 seats in the 199-member National Assembly.

The result gives the Tisza Party a strong parliamentary mandate, strengthening its ability to implement major legislative and governance reforms in Hungary.

The new Hungarian parliament includes a record 54 women lawmakers, most from the Tisza Party, marking a significant rise in female political representation.

 

18) Answer: C

Dr. Himanta Biswa Sarma, senior leader of the Bharatiya Janata Party (BJP) and MLA from the Jalukbari constituency, was sworn in as the Chief Minister (CM) of Assam for a second consecutive term.

With this achievement, Himanta Biswa Sarma became the first non-Congress leader in Assam to serve two successive terms as Chief Minister.

The oath-taking ceremony was held at the Veterinary College Ground, Khanapara, Guwahati.

Lakshman Prasad Acharya, Governor of Assam, administered the oath of office and secrecy according to the Third Schedule of the Constitution of India.

 

19) Answer: D

Short Explanation:

Raksha Rajya Mantri Sanjay Seth will inaugurate the third edition of “Kalam & Kavach” at the Manekshaw Centre, New Delhi.

The conference will serve as a premier strategic platform bringing together policy makers, military leadership, defence industry stakeholders, diplomats, innovators, start-ups, academia, and strategic experts.

The event focuses on India’s defence transformation, indigenous capability development, and future warfighting preparedness.

Detailed Explanation:

Raksha Rajya Mantri Sanjay Seth will inaugurate the third edition of “Kalam & Kavach” at the Manekshaw Centre, New Delhi.

The conference will serve as a premier strategic platform bringing together policy makers, military leadership, defence industry stakeholders, diplomats, innovators, start-ups, academia, and strategic experts.

The event focuses on India’s defence transformation, indigenous capability development, and future warfighting preparedness.

The conference is centred around the strategic vision of Jointness, Aatmanirbharta and Innovation (JAI) along with Indigenisation and International Collaboration (I²).

The objective is to strengthen discussions on integrated military capability development, technological innovation, and strategic partnerships aligned with national security objectives and the vision of Aatmanirbhar Bharat.

20) Answer: C

Short Explanation:

The Competition Commission of India (CCI) approved the acquisition of a 7.14% stake in Lloyds Engineering Works Limited (LEWL) by Thriveni Earthmovers Private Limited (TEMPL) along with the merger of three entities into LEWL.

The proposed transaction included a Block Deal under which TEMPL acquired 7.14% shareholding in LEWL through BSE Limited on 09 February 2026.

Detailed Explanation:

The Competition Commission of India (CCI) approved the acquisition of a 7.14% stake in Lloyds Engineering Works Limited (LEWL) by Thriveni Earthmovers Private Limited (TEMPL) along with the merger of three entities into LEWL.

The proposed transaction included a Block Deal under which TEMPL acquired 7.14% shareholding in LEWL through BSE Limited on 09 February 2026.

The approved combination also involves the merger by absorption of Lloyds Infrastructure & Construction Limited (LICL), Metalfab Hightech Private Limited (MHPL), and Techno Industries Private Limited (TIPL) into LEWL, which will remain the surviving entity.

Thriveni Earthmovers Private Limited (TEMPL) provides contract mining services including exploration, drilling, mining, excavation, hauling, sizing, processing, and transportation of minerals.

TEMPL is also engaged in coal trading, manufacture of solid blocks, and investment activities.

 

21) Answer: A

Short Explanation:

The Technology Development Board (TDB) under the Department of Science & Technology (DST), Government of India, has signed an agreement with Helix Cell Therapeutics Private Limited, Hyderabad, Telangana for a project on dual-targeting CAR-T cell therapy for Multiple Myeloma.

The project is titled “Generation of Novel Dual Targeting Chimeric Antigen Receptor T Cells to Treat Multiple Myeloma and Conducting Phase I Clinical Trial.”

The initiative is being implemented under the Indo-Singapore collaborative framework in partnership with Biocell Innovations, Singapore, strengthening India-Singapore biomedical cooperation.

Detailed Explanation:

The Technology Development Board (TDB) under the Department of Science & Technology (DST), Government of India, has signed an agreement with Helix Cell Therapeutics Private Limited, Hyderabad, Telangana for a project on dual-targeting CAR-T cell therapy for Multiple Myeloma.

The project is titled “Generation of Novel Dual Targeting Chimeric Antigen Receptor T Cells to Treat Multiple Myeloma and Conducting Phase I Clinical Trial.”

The initiative is being implemented under the Indo-Singapore collaborative framework in partnership with Biocell Innovations, Singapore, strengthening India-Singapore biomedical cooperation.

The project focuses on developing an advanced dual-targeting CAR-T cell therapy for Multiple Myeloma, a serious and currently incurable blood cancer.

The proposed therapy simultaneously targets both BCMA (B-cell Maturation Antigen) and CD19 markers expressed on Multiple Myeloma cells, aiming to improve treatment efficacy and long-term remission outcomes.

Existing BCMA-targeted CAR-T therapies have shown encouraging results in relapsed and refractory Multiple Myeloma patients, but the new dual-targeting strategy seeks to provide more durable remission.

 

22) Answer: B

Short Explanation:

Samsung Electronics has crossed the $1 trillion market valuation mark, driven by strong global demand for AI-related semiconductor chips.

This milestone highlights the company’s strong position in the global technology and semiconductor industry.

Samsung Electronics became only the second Asian company to achieve a $1 trillion valuation, after Taiwan Semiconductor Manufacturing Company (TSMC).

Detailed Explanation:

Samsung Electronics has crossed the $1 trillion market valuation mark, driven by strong global demand for AI-related semiconductor chips.

This milestone highlights the company’s strong position in the global technology and semiconductor industry.

Samsung Electronics became only the second Asian company to achieve a $1 trillion valuation, after Taiwan Semiconductor Manufacturing Company (TSMC).

The growth has been supported by the global surge in Artificial Intelligence (AI) infrastructure demand.

Along with TSMC and SK Hynix, Samsung has emerged as a key beneficiary of the AI-driven semiconductor boom.

 

23) Answer: A

Short Explanation:

International Day of Families is celebrated every year on 15 May to raise awareness about the importance of families in society.

The theme for 2026 is “Families, Inequalities and Child Wellbeing.”

Detailed Explanation:

International Day of Families is celebrated every year on 15 May to raise awareness about the importance of families in society.

The theme for 2026 is “Families, Inequalities and Child Wellbeing.”

The day was proclaimed by the United Nations General Assembly in 1993 and was first observed in 1994.

The observance highlights the role of families in areas such as health, economic well-being, work-life balance, and women’s rights.

In 2026, the day marks the 30th anniversary of the International Day of Families.

 

24) Answer: E

About Hungary :

Capital : Budapest

Currency : Hungarian Forint (HUF)

 

25) Answer: D

Short Explanation:

Dr. Himanta Biswa Sarma, senior leader of the Bharatiya Janata Party (BJP) and MLA from the Jalukbari constituency, was sworn in as the Chief Minister (CM) of Assam for a second consecutive term.

Lakshman Prasad Acharya, Governor of Assam, administered the oath of office and secrecy according to the Third Schedule of the Constitution of India.

Under Article 164 of the Constitution, the Governor appoints the Chief Minister.

Detailed Explanation:

Dr. Himanta Biswa Sarma, senior leader of the Bharatiya Janata Party (BJP) and MLA from the Jalukbari constituency, was sworn in as the Chief Minister (CM) of Assam for a second consecutive term.

With this achievement, Himanta Biswa Sarma became the first non-Congress leader in Assam to serve two successive terms as Chief Minister.

The oath-taking ceremony was held at the Veterinary College Ground, Khanapara, Guwahati.

Lakshman Prasad Acharya, Governor of Assam, administered the oath of office and secrecy according to the Third Schedule of the Constitution of India.

Under Article 164 of the Constitution, the Governor appoints the Chief Minister.