Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2026 of 16th October 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.

 

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1) Who was selected as the strategic buyer for the disinvestment of IDBI Bank approved by the Cabinet Committee on Economic Affairs (CCEA)?

(a) LIC

(b) Fairfax Financial Holdings Ltd.

(c) M/s 10955230 Canada Inc.

(d) Government of India

(e) Reserve Bank of India

2) Consider the following statements regarding India’s WPI-based inflation in September 2026:

1. WPI-based inflation rose to 11.39% in September 2026 from 9.92% in August 2026.
2. Fuel and power inflation increased to 25.85% in September 2026.
3. Manufactured products inflation declined to 8.37% in September 2026 from 9.76% in August 2026.

Which of the following statement 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

3)Consider the following statements regarding the RBI’s revised forex derivative regulations announced in October 2026:

1. The RBI reduced the threshold for forex derivative transactions without establishing underlying exposure from USD 100 million to USD 10 million.
2. The Foreign Exchange Risk Reserve (FERR) requires Authorised Dealers to maintain a cash reserve equal to 20% of the INR equivalent of the notional amount of eligible contracts exceeding USD 2 million equivalent.
3. The RBI permitted Authorised Dealer banks to rebook cancelled forex derivative contracts involving the Indian rupee.

Which of the following statement is/are correct?

(a) 2 only

(b) 1 and 2 only

(c) 2 and 3 only

(d) All of the above

(e) None of the above

4) Which of the following LIC insurance plans provides guaranteed income after retirement through a deferred annuity?

(a) Health Shield (Plan 907)

(b) New Cancer Cover (Plan 908)

(c) New Jeevan Dhara-II (Plan 892)

(d) Jeevan Arogya

(e) LIC’s Bima Jyoti

5) Which bank launched the digital platform Trade Konnect to facilitate online import, export and outward cross-border remittance requests?

(a) Canara Bank

(b) Karnataka Bank

(c) Federal Bank

(d) South Indian Bank

(e) Bank of Baroda

 

6) According to Business Monitor International (BMI), what is India’s GDP growth forecast for FY 2026–27 (FY27)?

(a) 6.3%

(b) 6.5%

(c) 6.8%

(d) 7.5%

(e) 7.8%

 

7) Which general insurance company partnered with Karur Vysya Bank (KVB) to distribute general insurance products through the bank’s existing banking channels?

(a) HDFC ERGO General Insurance

(b) ICICI Lombard General Insurance

(c) Zurich Kotak General Insurance Company (India)

(d) SBI General Insurance

(e) Bajaj Allianz General Insurance

8) Which of the following statements is/are correct regarding Securities Transaction Tax (STT) collections in FY 2026–27?

1. STT collections rose by nearly 53% to ₹40,214.36 crore up to 17 September 2026.
2. STT on futures increased from 0.02% to 0.05%, effective 1 April 2026.
3. The Union Budget 2026–27 projected STT collections of ₹57,522 crore for FY 2026–27.

(a) 1 only

(b) 1 and 2 only

(c) 2 and 3 only

(d) All of the above

(e) None of the above

9) Under the PM-SETU initiative, how much funding has been approved to upgrade nine Government ITIs across the Surat and Visakhapatnam clusters?

(a) ₹217 crore

(b) ₹350 crore

(c) ₹440 crore

(d) ₹500 crore

(e) ₹750 crore

10) Under the PM-SETU initiative, how much funding has been approved to upgrade nine Government ITIs across the Surat and Visakhapatnam clusters?

(a) ₹217 crore

(b) ₹350 crore

(c) ₹440 crore

(d) ₹500 crore

(e) ₹750 crore

11) Which state received the highest Access and Benefit-Sharing (ABS) fund allocation of ₹23,81,072 from the National Biodiversity Authority (NBA)?

(a) West Bengal

(b) Odisha

(c) Bihar

(d) Madhya Pradesh

(e) Gujarat

 

12) According to the RIS study, what was the estimated value of India’s Ayush services economy in FY 2024–25?

(a) US$16.92 billion

(b) US$26.92 billion

(c) US$56.92 billion

(d) US$46.92 billion

(e) US$36.92 billion

 

13) Which of the following statements is/are correct regarding the development projects in Ladakh?

1. The new passenger terminal building at Kushok Bakula Rimpochee Airport, Leh, was constructed at a cost of ₹640 crore.
2. The Nimmu–Padum–Darcha Road is 298 kilometres long and was constructed by the Border Roads Organisation (BRO).
3. India’s first Petroglyph Conservation Park is being developed at Sindhu Ghat, Leh.

(a) 1 only

(b) 1 and 2 only

(c) 2 and 3 only

(d) All of the above

(e) None of the above

14) Which of the following statements is/are correct regarding the continuation of the National Social Assistance Programme (NSAP)?

1. The programme has been renamed Pradhan Mantri Samajik Sahayata Yojana.
2. The Union Cabinet approved its continuation from 2026–27 to 2030–31 with an outlay of ₹53,428 crore.
3. The benchmark disability eligibility threshold was reduced from 80% to 40%.

(a) 1 only

(b) 1 and 2 only

(c) 2 and 3 only

(d) All of the above

(e) None of the above

15) Which ministry is organising the National SARAS Livelihoods Mela 2026 in association with the Government of Andhra Pradesh?

(a) Ministry of Women and Child Development

(b) Ministry of Textiles

(c) Ministry of Rural Development

(d) Ministry of Micro, Small and Medium Enterprises

(e) Ministry of Social Justice and Empowerment

16) Which international agreement has India approved accession to in order to strengthen its participation in high-seas fisheries governance?

(a) Indian Ocean Tuna Commission (IOTC)

(b) Southern Indian Ocean Fisheries Agreement (SIOFA)

(c) Convention on Biological Diversity (CBD)

(d) United Nations Fish Stocks Agreement (UNFSA)

(e) South Pacific Regional Fisheries Management Organisation (SPRFMO)

17) When did the Kigali Amendment to the Montreal Protocol enter into force?

(a) October 2016

(b) January 2017

(c) December 2018

(d) January 2019

(e) January 2020

18) Which organisation partnered with the Department of Chemicals and Petrochemicals (DCPC) to organise India Chem 2026?

(a) Confederation of Indian Industry (CII)

(b) Associated Chambers of Commerce and Industry of India (ASSOCHAM)

(c) Federation of Indian Chambers of Commerce and Industry (FICCI)

(d) NITI Aayog

(e) Indian Chemical Council (ICC)

19) Which two ministries are collaborating to implement the NAVYA 2.0 initiative for vocational training of young women and adolescent girls?

(a) Ministry of Education and Ministry of Labour and Employment

(b) Ministry of Skill Development and Entrepreneurship and Ministry of Women and Child Development

(c) Ministry of Rural Development and Ministry of Women and Child Development

(d) Ministry of Education and Ministry of Social Justice and Empowerment

(e) Ministry of Labour and Employment and Ministry of Rural Development

20) Which official announced the establishment of the Free Trade Agreement (FTA) Utilisation Cell by the Department of Commerce?

(a) Piyush Goyal

(b) Ashwini Vaishnaw

(c) Sunil Barthwal

(d) Anupriya Patel

(e) Rajesh Agarwal

21) Which Indian Navy ship was deployed to South Africa to participate in the 9th edition of the India-Brazil-South Africa Maritime Exercise (IBSAMAR IX) 2026?

(a) INS Tarkash

(b) INS Vikrant

(c) INS Chennai

(d) INS Shivalik

(e) INS Kolkata

22) Which Combined Maritime Forces (CMF) task force did the Indian Navy command for the first time before relinquishing command on 14 October 2026?

(a) CTF 150

(b) CTF 151

(c) CTF 152

(d) CTF 154

(e) CTF 156


23) Which indigenous Advanced Light Helicopter (ALH) MK-III was inducted into Coast Guard Region (West) at Ratnagiri, Maharashtra, by the Indian Coast Guard?

(a) CG 871

(b) CG 873

(c) CG 875

(d) CG 877

(e) CG 879

 

24) Which department organised a nationwide Shramdaan under the Swachhata Hi Seva 2026 campaign and planted over 25,000 trees under the ‘Ek Ped Maa Ke Naam’ initiative?

(a) Department of Expenditure

(b) Defence Accounts Department (DAD)

(c) Department of Personnel and Training

(d) Department of Defence Production

(e) Central Public Works Department

25) What is the name of the heavy-lift, long-range autonomous aerial logistics vehicle being developed by ideaForge Technology Limited with financial support from the Technology Development Board (TDB) under the RDI Fund?

(a) TAPAS

(b) RUSTOM

(c) SWiFT

(d) NETRA

(e) YETI

 

26) How many young innovators were felicitated by Dr. Jitendra Singh at the 12th National Level Exhibition and Project Competition (NLEPC) under INSPIRE-MANAK 2026?

(a) 62

(b) 55

(c) 71

(d) 729

(e) 444

27) Which US-based manufacturing company signed a non-binding agreement with Adani Enterprises Limited (AEL) to establish a 50:50 joint venture for manufacturing AI and data centre equipment in India?

(a) Dell Technologies

(b) Jabil Inc.

(c) Cisco Systems

(d) Hewlett Packard Enterprise

(e) Supermicro

28) Who was the founder and Chairman Emeritus of Nagarjuna Construction Company (NCC) Limited, who passed away in Hyderabad on 13 October 2026 at the age of 89?

(a) Dr. AVS Raju

(b) Ramoji Rao

(c) Pallonji Mistry

(d) B. Ramalinga Raju

(e) M. A. Yusuff Ali

 

29) Which prestigious literary award was won by American author and essayist Annie Dillard who passed away at the age of 81?

(a) Pulitzer Prize

(b) Booker Prize

(c) Nobel Prize in Literature

(d) National Book Award

(e) PEN/Faulkner Award

 

30) Who is the Managing Director and CEO of Karnataka Bank?

(a) K. Satyanarayana Raju

(b) S. Krishnan

(c) Debadatta Chand

(d) Ashok Vaswani

(e) Raghavendra Srinivas Bhat

Answers:

1) Answer: B

Short Explanation:

The Cabinet Committee on Economic Affairs (CCEA) approved the strategic disinvestment of IDBI Bank Limited on 14 October 2026, selecting M/s 10955230 Canada Inc., whose parent entity is Fairfax Financial Holdings Ltd., as the strategic buyer.

The transaction involves the sale of 60.72% equity stake in IDBI Bank, comprising 30.48% held by the Government of India (GoI) and 30.24% held by Life Insurance Corporation of India (LIC).

The approved purchase consideration for the 60.72% stake is ₹52,878.08 crore.

Following the transaction, the Government of India will retain 15% and LIC will retain 19% of IDBI Bank’s shareholding.

The winning bidder offered ₹81 per share, exceeding the benchmark fair value of ₹75.99 per share determined by two independent valuation agencies.

Detailed Explanation:

The Cabinet Committee on Economic Affairs (CCEA) approved the strategic disinvestment of IDBI Bank Limited on 14 October 2026, selecting M/s 10955230 Canada Inc., whose parent entity is Fairfax Financial Holdings Ltd., as the strategic buyer.

The transaction involves the sale of 60.72% equity stake in IDBI Bank, comprising 30.48% held by the Government of India (GoI) and 30.24% held by Life Insurance Corporation of India (LIC).

The approved purchase consideration for the 60.72% stake is ₹52,878.08 crore.

Following the transaction, the Government of India will retain 15% and LIC will retain 19% of IDBI Bank’s shareholding.

The winning bidder offered ₹81 per share, exceeding the benchmark fair value of ₹75.99 per share determined by two independent valuation agencies.

The fair valuation was based on two methods: the Market Multiple Method for relative valuation and the Asset Valuation Method, which considers tangible and intangible assets, including land, properties and liabilities.

The strategic disinvestment followed a two-stage competitive bidding process involving eligibility checks, RBI Fit and Proper assessment, security clearance by the Ministry of Home Affairs (MHA) and evaluation by government-level committees.

The decision-making process involved the Inter-Ministerial Group (IMG), the Core Group of Secretaries on Disinvestment (CGD) and the Alternative Mechanism (AM).

2) Answer: B

Short Explanation:

India’s Wholesale Price Index (WPI)-based inflation rose to a series-high of 11.39% in September 2026, compared with 9.92% in August 2026, driven by rising prices of food articles, manufactured products, and fuel and power.

Fuel and power inflation accelerated to 25.85% in September 2026 from 22.93% in August 2026, reflecting higher energy-related commodity prices.

Inflation in crude petroleum and natural gas surged to 57.32% in September 2026 from 34.41% in August 2026, while mineral oils inflation rose to 40.02% from 38.48%.

Manufactured products inflation reached a series-high of 9.76% in September 2026, compared with 8.37% in August 2026, reflecting higher prices across several industrial categories.

Detailed Explanation:

India’s Wholesale Price Index (WPI)-based inflation rose to a series-high of 11.39% in September 2026, compared with 9.92% in August 2026, driven by rising prices of food articles, manufactured products, and fuel and power.

The WPI base year is 2022–23, and the new series provides data from April 2024; under the older series with the 2011–12 base year, September 2026 inflation was reported as a 49-month high.

The Wholesale Price Index (WPI) increased to 112.5 in September 2026 from 110.8 in August 2026.

Food articles inflation increased to 8.14% in September 2026 from 5.67% in August 2026, partly reflecting a low base effect from the previous year.

The WPI Food Index inflation rose to 8.66% in September 2026 from 7.05% in August 2026; this index combines food articles under primary articles and manufactured food products.

Fuel and power inflation accelerated to 25.85% in September 2026 from 22.93% in August 2026, reflecting higher energy-related commodity prices.

Inflation in crude petroleum and natural gas surged to 57.32% in September 2026 from 34.41% in August 2026, while mineral oils inflation rose to 40.02% from 38.48%.

Coal and lignite inflation increased to 9.31% in September 2026 from 1.57% in August 2026, while electricity prices continued to decline year-on-year, recording inflation of –0.43%.

Manufactured products inflation reached a series-high of 9.76% in September 2026, compared with 8.37% in August 2026, reflecting higher prices across several industrial categories.

 

3) Answer: A

Short Explanation:

The Reserve Bank of India (RBI) announced stricter foreign exchange (forex) derivative regulations on 10 October 2026 to curb excessive speculation, prevent duplicate hedging and ensure orderly functioning of the forex market amid pressure on the Indian rupee.

The RBI reduced the threshold for undertaking forex derivative transactions without establishing underlying exposure from USD 100 million to USD 5 million across all Authorised Dealers.

The threshold for exchange-traded INR currency derivatives was also reduced from USD 100 million to USD 5 million, collectively across all recognised stock exchanges.

Under the FERR requirement, Authorised Dealers must maintain a cash reserve with the RBI equal to 20% of the INR equivalent of the notional amount of each INR-involving forex derivative contract with a notional value exceeding USD 2 million equivalent.

Detailed Explanation:

The Reserve Bank of India (RBI) announced stricter foreign exchange (forex) derivative regulations on 10 October 2026 to curb excessive speculation, prevent duplicate hedging and ensure orderly functioning of the forex market amid pressure on the Indian rupee.

The RBI prohibited Authorised Dealer (AD) banks from allowing users to rebook cancelled forex derivative contracts involving the Indian rupee after the issuance of the directions.

The RBI reduced the threshold for undertaking forex derivative transactions without establishing underlying exposure from USD 100 million to USD 5 million across all Authorised Dealers.

The threshold for exchange-traded INR currency derivatives was also reduced from USD 100 million to USD 5 million, collectively across all recognised stock exchanges.

The RBI introduced the Foreign Exchange Risk Reserve (FERR) to curb speculation and contain volatility in the foreign exchange market.

Under the FERR requirement, Authorised Dealers must maintain a cash reserve with the RBI equal to 20% of the INR equivalent of the notional amount of each INR-involving forex derivative contract with a notional value exceeding USD 2 million equivalent.

4) Answer: C

Short Explanation:

Life Insurance Corporation of India (LIC) launched three new insurance plans: New Jeevan Dhara-II (Plan 892), Health Shield (Plan 907), and New Cancer Cover (Plan 908).

The three plans were launched by R. Doraiswamy, CEO and Managing Director of LIC, and will be available for purchase from 19 October 2026.

All three plans are non-participating, non-linked and individual insurance plans, designed to provide retirement income, health protection and financial support against cancer-related risks.

New Jeevan Dhara-II (Plan 892) is a savings-based deferred annuity plan that provides guaranteed income after retirement.

New Jeevan Dhara-II offers guaranteed annuity rates at the time of policy inception, helping policyholders plan their retirement income.

Detailed Explanation:

Life Insurance Corporation of India (LIC) launched three new insurance plans: New Jeevan Dhara-II (Plan 892), Health Shield (Plan 907), and New Cancer Cover (Plan 908).

The three plans were launched by R. Doraiswamy, CEO and Managing Director of LIC, and will be available for purchase from 19 October 2026.

All three plans are non-participating, non-linked and individual insurance plans, designed to provide retirement income, health protection and financial support against cancer-related risks.

New Jeevan Dhara-II (Plan 892) is a savings-based deferred annuity plan that provides guaranteed income after retirement.

New Jeevan Dhara-II offers guaranteed annuity rates at the time of policy inception, helping policyholders plan their retirement income.

Health Shield (Plan 907) is a pure-risk health insurance plan that provides fixed-benefit coverage for the entire family against specified health risks.

Health Shield offers a Daily Hospital Cash Benefit during hospitalisation and lump-sum payouts for major surgeries and critical illnesses.

New Cancer Cover (Plan 908) is a pure-risk health insurance plan that provides fixed financial benefits upon diagnosis of specified early-stage and major-stage cancers, irrespective of the actual treatment expenses.

5) Answer: B

Short Explanation:

Karnataka Bank Limited launched Trade Konnect, a digital platform that enables customers to submit import, export and outward cross-border remittance requests online without visiting a physical bank branch.

Raghavendra S. Bhat, Managing Director (MD) and Chief Executive Officer (CEO) of Karnataka Bank, formally inaugurated the Trade Konnect platform.

Trade Konnect was developed in partnership with Kyzer Software (India) Private Limited, which provided technology support for the platform.

 

Detailed Explanation:

Karnataka Bank Limited launched Trade Konnect, a digital platform that enables customers to submit import, export and outward cross-border remittance requests online without visiting a physical bank branch.

Raghavendra S. Bhat, Managing Director (MD) and Chief Executive Officer (CEO) of Karnataka Bank, formally inaugurated the Trade Konnect platform.

Trade Konnect was developed in partnership with Kyzer Software (India) Private Limited, which provided technology support for the platform.

Jai Shah, Co-Founder and Director of Sales of Kyzer Software (India) Private Limited, attended the launch event.

The platform aims to support Karnataka Bank’s digital transformation strategy by improving customer convenience, foreign exchange (forex) processes and ease of doing business.

6) Answer: D

Short Explanation:

Business Monitor International (BMI), a unit of Fitch Solutions, raised India’s gross domestic product (GDP) growth forecast for FY 2026–27 (FY27) to 7.5% from its earlier estimate of 6.8%.

BMI lowered India’s GDP growth forecast for FY 2027–28 (FY28) to 6.3% from 6.5%, citing concerns over household consumption and external economic risks.

India’s GDP grew by 7.8% in Q1 FY27 (April–June 2026), while BMI’s GDP tracker indicated approximately 8.3% growth in Q2 FY27 (July–September 2026).

The upward revision for FY27 was supported by strong economic momentum, industrial expansion and sustained investment in Artificial Intelligence (AI).

India’s industrial production growth accelerated from 6.2% in Q1 FY27 to 7.7% during July–August 2026.

Detailed Explanation:

Business Monitor International (BMI), a unit of Fitch Solutions, raised India’s gross domestic product (GDP) growth forecast for FY 2026–27 (FY27) to 7.5% from its earlier estimate of 6.8%.

BMI lowered India’s GDP growth forecast for FY 2027–28 (FY28) to 6.3% from 6.5%, citing concerns over household consumption and external economic risks.

India’s GDP grew by 7.8% in Q1 FY27 (April–June 2026), while BMI’s GDP tracker indicated approximately 8.3% growth in Q2 FY27 (July–September 2026).

The upward revision for FY27 was supported by strong economic momentum, industrial expansion and sustained investment in Artificial Intelligence (AI).

India’s industrial production growth accelerated from 6.2% in Q1 FY27 to 7.7% during July–August 2026.

Vehicle registration growth increased from 16% in Q1 FY27 to 26% in Q2 FY27, indicating stronger economic and consumption activity.

Planned AI-related investments by Reliance, Adani, Amazon Web Services (AWS) and Microsoft are expected to support India’s economic growth through increased spending on technology infrastructure.

BMI warned of downside risks to India’s growth outlook from higher crude oil prices, possible policy rate increases due to inflationary concerns, and El Niño-related disruptions.

7) Answer: C

Short Explanation:

Karur Vysya Bank (KVB) entered into an agreement with Zurich Kotak General Insurance Company (India) to distribute general insurance products through the bank’s existing banking channels.

The agreement was disclosed on 12 October 2026 under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The partnership aims to expand customer access to non-life insurance solutions and strengthen the bank’s bancassurance activities.

Detailed Explanation:

Karur Vysya Bank (KVB) entered into an agreement with Zurich Kotak General Insurance Company (India) to distribute general insurance products through the bank’s existing banking channels.

The agreement was disclosed on 12 October 2026 under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The partnership aims to expand customer access to non-life insurance solutions and strengthen the bank’s bancassurance activities.

Through this partnership, KVB will offer insurance services via its existing banking network and customer service channels, serving both retail and commercial customers.

The specific insurance products covered under the agreement and the revenue targets have not been disclosed.

8) Answer: B

Short Explanation:

Securities Transaction Tax (STT) collections rose by nearly 53% to ₹40,214.36 crore in FY 2026–27 up to 17 September 2026, compared with ₹26,305.72 crore during the corresponding period of the previous year.

The increase in STT collections followed a hike in STT rates effective from 1 April 2026, announced in the Union Budget 2026–27.

STT on futures increased from 0.02% to 0.05% of the traded value.

The government projected ₹73,700 crore in STT collections for FY 2026–27 in the Union Budget.

Total STT collections stood at ₹57,522 crore in FY 2025–26, compared with ₹53,296 crore in FY 2024–25.

Detailed Explanation:

Securities Transaction Tax (STT) collections rose by nearly 53% to ₹40,214.36 crore in FY 2026–27 up to 17 September 2026, compared with ₹26,305.72 crore during the corresponding period of the previous year.

The increase in STT collections followed a hike in STT rates effective from 1 April 2026, announced in the Union Budget 2026–27.

STT on futures increased from 0.02% to 0.05% of the traded value.

STT on options premium turnover increased from 0.1% to 0.15%, while STT on exercised options rose from 0.125% to 0.15% of the intrinsic value.

The government projected ₹73,700 crore in STT collections for FY 2026–27 in the Union Budget.

Total STT collections stood at ₹57,522 crore in FY 2025–26, compared with ₹53,296 crore in FY 2024–25.

The 2026 rate increase was the second STT hike since 2024.

Securities Transaction Tax (STT) is a direct tax levied on securities transactions conducted through recognised stock exchanges, including equities, futures, options and equity-oriented mutual funds.

 

9) Answer: C

Short Explanation:

Under the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) initiative, ₹440 crore has been approved to upgrade nine Government Industrial Training Institutes (ITIs) across the Surat and Visakhapatnam clusters.

The initiative covers five Government ITIs in Surat, Gujarat, and four Government ITIs in Visakhapatnam, Andhra Pradesh.

Shareholders’ Agreements were signed by the Directorate General of Training (DGT), the Ministry of Skill Development and Entrepreneurship (MSDE), the Governments of Gujarat and Andhra Pradesh, and ArcelorMittal Nippon Steel India (AM/NS India).

Detailed Explanation:

Under the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) initiative, ₹440 crore has been approved to upgrade nine Government Industrial Training Institutes (ITIs) across the Surat and Visakhapatnam clusters.

The initiative covers five Government ITIs in Surat, Gujarat, and four Government ITIs in Visakhapatnam, Andhra Pradesh.

Shareholders’ Agreements were signed by the Directorate General of Training (DGT), the Ministry of Skill Development and Entrepreneurship (MSDE), the Governments of Gujarat and Andhra Pradesh, and ArcelorMittal Nippon Steel India (AM/NS India).

Dedicated Special Purpose Vehicles (SPVs) will manage the upgradation and operations of the two ITI clusters. The equity structure of each SPV is:

ArcelorMittal Nippon Steel India – 51%.

Government of India – 24.5%.

Respective State Government – 24.5%.

New Age Makers’ Institute of Technology (NAMTECH) will serve as the academic and technical partner to AM/NS India, supporting curriculum reforms and faculty development.

The planned upgrades include modernising training infrastructure, workshops and laboratories; introducing trades aligned with industry requirements and emerging technologies; and revising curricula to improve the relevance of vocational training.

Industrial Training Institutes provide vocational education and practical training through workshops and laboratories to prepare trainees for skilled employment. The Directorate General of Training, functioning under the MSDE, is associated with vocational training programmes, including the Craftsmen Training Scheme.

10) Answer: E

Short Explanation:

The Department of Animal Husbandry and Dairying (DAHD), under the Government of India, launched its website compliant with Digital Brand Identity Manual (DBIM) Version 3.0, introduced by the Ministry of Electronics and Information Technology (MeitY).

Rajiv Ranjan Singh alias Lalan Singh, Union Minister for Fisheries, Animal Husbandry and Dairying and Panchayati Raj, launched the revamped website.

The revamped website improves accessibility, consistency and ease of navigation through features such as:

Advanced search functionality.

Multilingual support through Bhashini.

Persona-based navigation.

Centralised content management.

Detailed Explanation:

The Department of Animal Husbandry and Dairying (DAHD), under the Government of India, launched its website compliant with Digital Brand Identity Manual (DBIM) Version 3.0, introduced by the Ministry of Electronics and Information Technology (MeitY).

Rajiv Ranjan Singh alias Lalan Singh, Union Minister for Fisheries, Animal Husbandry and Dairying and Panchayati Raj, launched the revamped website.

The revamped website improves accessibility, consistency and ease of navigation through features such as:

Advanced search functionality.

Multilingual support through Bhashini.

Persona-based navigation.

Centralised content management.

The website serves as a one-stop digital platform for information on the department's flagship schemes and initiatives, including:

Animal Husbandry Infrastructure Development Fund (AHIDF).

Rashtriya Gokul Mission (RGM).

National Livestock Mission (NLM).

Livestock Health and Disease Control Programme (LHDCP).

The portal provides access to scheme information, guidelines, resources and related digital platforms, helping stakeholders obtain information about departmental initiatives and their implementation.

11) Answer: D

Short Explanation:

The National Biodiversity Authority (NBA) disbursed ₹2.02 crore in Access and Benefit-Sharing (ABS) funds to 27 States and 3 Union Territories to support biodiversity conservation, sustainable use of biological resources and local community livelihoods.

With this release, the NBA's cumulative ABS disbursement has reached ₹202 crore.

The top 5 recipient States received approximately ₹1.43 crore. Their allocations were:

Madhya Pradesh – ₹23,81,072.

West Bengal – ₹23,32,913.

Odisha – ₹19,75,559.

Bihar – ₹17,28,852.

Gujarat – ₹13,29,870.

Detailed Explanation:

The National Biodiversity Authority (NBA) disbursed ₹2.02 crore in Access and Benefit-Sharing (ABS) funds to 27 States and 3 Union Territories to support biodiversity conservation, sustainable use of biological resources and local community livelihoods.

With this release, the NBA's cumulative ABS disbursement has reached ₹202 crore.

The contributions cover varieties and hybrids of rice, eggplant, cauliflower, cucumber, hot pepper, bottle gourd, bitter gourd, tomato and okra.

The contributions were received from East West Seeds India Private Limited, Syngenta India Limited, Devgen Seeds and Crop Technology Private Limited, Limagrain India Private Limited, Bayer Science & Innovation Private Limited, Nunhems India Private Limited and Enza Zaden India Private Limited.

The funds were allocated to State Biodiversity Boards and Union Territory Biodiversity Councils according to the cultivation area of the respective biological resources, using agricultural statistics published by the Ministry of Agriculture and Farmers Welfare.

The top 5 recipient States received approximately ₹1.43 crore. Their allocations were:

Madhya Pradesh – ₹23,81,072.

West Bengal – ₹23,32,913.

Odisha – ₹19,75,559.

Bihar – ₹17,28,852.

Gujarat – ₹13,29,870.

12) Answer: E

Short Explanation:

According to a study by the Research and Information System for Developing Countries (RIS), India's Ayush services economy was valued at US$36.92 billion in Financial Year 2024–25, recording a compound annual growth rate (CAGR) of 16.91% since Financial Year 2022–23.

The study projects that the sector could expand to US$216–318 billion by 2047, contributing to the Viksit Bharat @2047 vision.

The report was released during the 11th Ayurveda Day celebrations in Nagpur on 23 September 2026.

The research was based on a nationally scaled survey of 15,914 establishments covering all six Ayush systems.

Detailed Explanation:

According to a study by the Research and Information System for Developing Countries (RIS), India's Ayush services economy was valued at US$36.92 billion in Financial Year 2024–25, recording a compound annual growth rate (CAGR) of 16.91% since Financial Year 2022–23.

The study projects that the sector could expand to US$216–318 billion by 2047, contributing to the Viksit Bharat @2047 vision.

The report was released during the 11th Ayurveda Day celebrations in Nagpur on 23 September 2026.

The research was based on a nationally scaled survey of 15,914 establishments covering all six Ayush systems.

Clinics and day-care centres account for more than 71% of total sector revenue. Standalone clinics generated an estimated US$16.21 billion, while day-care centres contributed US$10.13 billion.

Ayurveda was the largest individual Ayush system, generating approximately US$17.73 billion, or nearly 48% of total sector revenue.

The Ayush wellness segment, including yoga centres, spas and resorts, recorded a CAGR of 21.29%.

Revenue from yoga centres increased by approximately 75% over two years, reflecting growing demand for preventive healthcare, wellness and holistic services.

13) Answer: D

Short Explanation:

Prime Minister Narendra Modi will inaugurate and dedicate five major development projects worth approximately ₹3,350 crore in Ladakh through video conferencing. He will also address the gathering.

The projects focus on connectivity, energy infrastructure, cultural heritage conservation and water security.

The Prime Minister will inaugurate the New Passenger Terminal Building at Kushok Bakula Rimpochee Airport, Leh, constructed at a cost of ₹640 crore. Spread across 23,800 square metres, the terminal is designed to handle 35 lakh passengers annually.

Detailed Explanation:

Prime Minister Narendra Modi will inaugurate and dedicate five major development projects worth approximately ₹3,350 crore in Ladakh through video conferencing. He will also address the gathering.

The projects focus on connectivity, energy infrastructure, cultural heritage conservation and water security.

The Prime Minister will inaugurate the New Passenger Terminal Building at Kushok Bakula Rimpochee Airport, Leh, constructed at a cost of ₹640 crore. Spread across 23,800 square metres, the terminal is designed to handle 35 lakh passengers annually.

He will dedicate the 298-kilometre Nimmu–Padum–Darcha Road to the nation. Constructed by the Border Roads Organisation (BRO), it connects Nimmu in Leh with Darcha in Himachal Pradesh through the remote Zanskar Valley.

The road provides an alternative connectivity route to Ladakh, supplementing the Srinagar–Leh and Manali–Leh highways, and crosses challenging Himalayan terrain, including the high-altitude Shinkun La Pass.

To strengthen energy security and utilise Ladakh's renewable energy potential, the Prime Minister will inaugurate the 9-megawatt Hanu Small Hydroelectric Project and the 66-kilovolt Double-Circuit Dah–Hanu–Khaltsi Transmission Line.

The Prime Minister will inaugurate India's first Petroglyph Conservation Park at Sindhu Ghat, Leh, to protect Ladakh's ancient archaeological heritage.

Under Project Him Sarovar, the Prime Minister will inaugurate 40 water bodies developed across 40 villages.

14) Answer: D

Short Explanation:

The Union Cabinet approved the continuation of the National Social Assistance Programme (NSAP) for five years, from 2026–27 to 2030–31, with a total outlay of ₹53,428 crore.

The programme has been renamed Pradhan Mantri Samajik Sahayata Yojana.

The approval also provides for revised eligibility criteria, coverage and assistance rates under the disability pension scheme, while the old-age pension, widow pension and family benefit schemes will continue in their existing form.

The benchmark disability eligibility threshold has been reduced from 80% to 40%. The minimum age criterion for disability pension has also been revised to include eligible persons from birth, according to the announcement.

Detailed Explanation:

The Union Cabinet approved the continuation of the National Social Assistance Programme (NSAP) for five years, from 2026–27 to 2030–31, with a total outlay of ₹53,428 crore.

The programme has been renamed Pradhan Mantri Samajik Sahayata Yojana.

The approval also provides for revised eligibility criteria, coverage and assistance rates under the disability pension scheme, while the old-age pension, widow pension and family benefit schemes will continue in their existing form.

The following schemes have been renamed:

Indira Gandhi National Old Age Pension Scheme – Pradhan Mantri Vridhavastha Pension Yojana.

Indira Gandhi National Widow Pension Scheme – Pradhan Mantri Vidhawa Pension Yojana.

Indira Gandhi National Disability Pension Scheme – Pradhan Mantri Divyangjan Pension Yojana.

National Family Benefit Scheme – Pradhan Mantri Parivar Labh Yojana.

Ashwini Vaishnaw, Union Minister for Information and Broadcasting, announced the revised assistance under the disability pension scheme:

₹375 for beneficiaries up to 79 years of age.

₹625 for beneficiaries aged 80 years and above.

The benchmark disability eligibility threshold has been reduced from 80% to 40%. The minimum age criterion for disability pension has also been revised to include eligible persons from birth, according to the announcement.

15) Answer: C

Short Explanation:

President Droupadi Murmu will inaugurate the National SARAS Livelihoods Mela 2026 at Punnami Ghat in Vijayawada, Andhra Pradesh.

For the first time, the national-level fair is being organised outside the Delhi–National Capital Region (Delhi-NCR).

The mela is organised by the Union Ministry of Rural Development in association with the Government of Andhra Pradesh.

The event provides a platform for rural women associated with Self-Help Groups (SHGs) across India to showcase their products, access wider markets and strengthen their livelihoods.

Detailed Explanation:

President Droupadi Murmu will inaugurate the National SARAS Livelihoods Mela 2026 at Punnami Ghat in Vijayawada, Andhra Pradesh.

For the first time, the national-level fair is being organised outside the Delhi–National Capital Region (Delhi-NCR).

The mela is organised by the Union Ministry of Rural Development in association with the Government of Andhra Pradesh.

The event provides a platform for rural women associated with Self-Help Groups (SHGs) across India to showcase their products, access wider markets and strengthen their livelihoods.

Around 1,500 women entrepreneurs and artisans are participating, with more than 650 stalls showcasing traditional handloom products, handicrafts, organic goods and household items.

The mela also features regional food, live demonstrations of traditional crafts, and training in packaging, branding and online marketing to help women entrepreneurs improve their market reach.

16) Answer: C

Short Explanation:

President Droupadi Murmu will inaugurate the National SARAS Livelihoods Mela 2026 at Punnami Ghat in Vijayawada, Andhra Pradesh.

For the first time, the national-level fair is being organised outside the Delhi–National Capital Region (Delhi-NCR).

The mela is organised by the Union Ministry of Rural Development in association with the Government of Andhra Pradesh.

The event provides a platform for rural women associated with Self-Help Groups (SHGs) across India to showcase their products, access wider markets and strengthen their livelihoods.

Detailed Explanation:

President Droupadi Murmu will inaugurate the National SARAS Livelihoods Mela 2026 at Punnami Ghat in Vijayawada, Andhra Pradesh.

For the first time, the national-level fair is being organised outside the Delhi–National Capital Region (Delhi-NCR).

The mela is organised by the Union Ministry of Rural Development in association with the Government of Andhra Pradesh.

The event provides a platform for rural women associated with Self-Help Groups (SHGs) across India to showcase their products, access wider markets and strengthen their livelihoods.

Around 1,500 women entrepreneurs and artisans are participating, with more than 650 stalls showcasing traditional handloom products, handicrafts, organic goods and household items.

The mela also features regional food, live demonstrations of traditional crafts, and training in packaging, branding and online marketing to help women entrepreneurs improve their market reach.

17) Answer: D

Short Explanation:

The Kigali Amendment to the Montreal Protocol completed 10 years on 15 October 2026. Adopted in Kigali, Rwanda, on 15 October 2016, it aims to phase down the production and consumption of hydrofluorocarbons (HFCs), powerful greenhouse gases widely used in refrigeration and air- conditioning.

The Montreal Protocol, adopted in 1987, originally aimed to phase out chlorofluorocarbons (CFCs) and other ozone-depleting substances.

The Federated States of Micronesia and Mauritius proposed bringing HFCs under the Montreal Protocol in 2009. The Kigali Amendment entered into force in January 2019. It establishes binding phase-down schedules rather than a complete ban on HFCs.

Detailed Explanation:

The Kigali Amendment to the Montreal Protocol completed 10 years on 15 October 2026. Adopted in Kigali, Rwanda, on 15 October 2016, it aims to phase down the production and consumption of hydrofluorocarbons (HFCs), powerful greenhouse gases widely used in refrigeration and air- conditioning.

The Montreal Protocol, adopted in 1987, originally aimed to phase out chlorofluorocarbons (CFCs) and other ozone-depleting substances.

Countries have eliminated nearly 99% of controlled ozone-depleting substances, contributing to the recovery of the ozone layer.

HFCs became common alternatives to CFCs because they do not deplete the ozone layer. However, many HFCs have a global warming impact hundreds to thousands of times greater than carbon dioxide, measured over a 100-year period for an equivalent mass released into the atmosphere.

The Federated States of Micronesia and Mauritius proposed bringing HFCs under the Montreal Protocol in 2009. The Kigali Amendment entered into force in January 2019. It establishes binding phase-down schedules rather than a complete ban on HFCs.

Full implementation of the amendment could prevent approximately 0.3°C to 0.5°C of global warming by 2100, according to United Nations-backed scientific assessments. This would support the Paris Agreement’s objective of keeping global warming well below 2°C while pursuing efforts to limit it to 1.5°C.

18)  Answer: C

Short Explanation:

Shri Anupriya Patel, Union Minister of State for Chemicals and Fertilizers and Health and Family Welfare, launched the 14th edition of India Chem 2026, the biennial flagship event of India's chemicals and petrochemicals industry. It will be held in Mumbai from 22 to 24 October 2026.

The event is organised by the Department of Chemicals and Petrochemicals (DCPC) in partnership with the Federation of Indian Chambers of Commerce and Industry (FICCI). Its theme is “Advantage Bharat: An Emerging Global Hub.”

Detailed Explanation:

Shri Anupriya Patel, Union Minister of State for Chemicals and Fertilizers and Health and Family Welfare, launched the 14th edition of India Chem 2026, the biennial flagship event of India's chemicals and petrochemicals industry. It will be held in Mumbai from 22 to 24 October 2026.

The event is organised by the Department of Chemicals and Petrochemicals (DCPC) in partnership with the Federation of Indian Chambers of Commerce and Industry (FICCI). Its theme is “Advantage Bharat: An Emerging Global Hub.”

The Minister emphasised aligning national initiatives such as the Critical Mineral Mission, Rare Earth Corridor, India Semiconductor Mission 2.0, National Manufacturing Mission and Foreign Direct Investment (FDI) reforms to position India as a global hub for battery chemicals, speciality chemicals and semiconductor chemicals by 2040.

The Minister called on the industry to increase research and development (R&D) expenditure and adopt newer technologies.

The Department is pursuing the Department of Science and Technology to designate chemicals and petrochemicals as a priority sector for coverage under the Research, Development and Innovation (RDI) Scheme, which has an outlay of approximately ₹1 lakh crore.

These initiatives are intended to support the vision of developing India's chemical sector into a USD 1 trillion industry by 2040.

 

19) Answer: B

Short Explanation:

The Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with the Ministry of Women and Child Development  (MoWCD), organised a one-day orientation session at Kaushal Bhawan, New Delhi, to prepare for the formal launch and rollout of Nurturing Aspirations Through Vocational Training for Young Women and Adolescent Girls 2.0 (NAVYA 2.0).

The initiative aims to provide vocational training and create pathways to entrepreneurship, apprenticeships and sustainable livelihood opportunities for young women and adolescent girls aged 16–25 years across 100 Aspirational Districts in 24 States and Union Territories.

The orientation session was chaired by Debashree Mukherjee, Secretary of the Ministry of Skill Development and Entrepreneurship, and Anil Malik, Secretary of the Ministry of Women and Child Development.

Detailed Explanation:

The Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with the Ministry of Women and Child Development  (MoWCD), organised a one-day orientation session at Kaushal Bhawan, New Delhi, to prepare for the formal launch and rollout of Nurturing Aspirations Through Vocational Training for Young Women and Adolescent Girls 2.0 (NAVYA 2.0).

The initiative aims to provide vocational training and create pathways to entrepreneurship, apprenticeships and sustainable livelihood opportunities for young women and adolescent girls aged 16–25 years across 100 Aspirational Districts in 24 States and Union Territories.

The orientation session was chaired by Debashree Mukherjee, Secretary of the Ministry of Skill Development and Entrepreneurship, and Anil Malik, Secretary of the Ministry of Women and Child Development.

The session also saw the release of the Standard Operating Procedure (SOP) for coordinated implementation of NAVYA 2.0 at the district level.

Participants included District Collectors and District Magistrates, Regional Directors of Regional Directorates of Skill Development and Entrepreneurship, Principals of Industrial Training Institutes, Child Development Project Officers and other stakeholders from participating districts.

NAVYA 2.0 builds on the experience of the NAVYA pilot project, launched on 24 June 2025 at Sonbhadra, Uttar Pradesh, by Jayant Chaudhary, Minister of State (Independent Charge) for Skill Development and Entrepreneurship and Minister of State for Education, and Savitri Thakur, Minister of State for Women and Child Development.

The pilot project covered 27 districts across 19 States and Union Territories. Based on its learnings, NAVYA 2.0 has been expanded to 100 Aspirational Districts across 24 States and Union Territories.

20) Answer: E

Short Explanation:

The Department of Commerce has established a Free Trade Agreement (FTA) Utilisation Cell to explain the benefits and opportunities available under free trade agreements and help Indian businesses maximise their use. Commerce Secretary Rajesh Agarwal announced the initiative.

The cell will work with industry associations, Export Promotion Councils (EPCs) and State Governments to improve FTA utilisation, identify new market opportunities and help Indian businesses benefit from the market access provided by these agreements.

The announcement was made at the second India–European Free Trade Association (EFTA) Prosperity Summit, organised to mark the first anniversary of the India–EFTA Trade and Economic Partnership Agreement (TEPA).

India has concluded trade agreements covering 32 countries, including the four EFTA member countries, the 27-member European Union and the United Kingdom.

Detailed Explanation:

The Department of Commerce has established a Free Trade Agreement (FTA) Utilisation Cell to explain the benefits and opportunities available under free trade agreements and help Indian businesses maximise their use. Commerce Secretary Rajesh Agarwal announced the initiative.

The cell will work with industry associations, Export Promotion Councils (EPCs) and State Governments to improve FTA utilisation, identify new market opportunities and help Indian businesses benefit from the market access provided by these agreements.

The announcement was made at the second India–European Free Trade Association (EFTA) Prosperity Summit, organised to mark the first anniversary of the India–EFTA Trade and Economic Partnership Agreement (TEPA).

India has concluded trade agreements covering 32 countries, including the four EFTA member countries, the 27-member European Union and the United Kingdom.

The India–United Kingdom trade agreement came into force on 15 July, while the agreement with the European Union is expected to become operational in 2027, according to the statement.

More than 99% of India's trade value with EFTA countries now enters at zero tariff. However, the Commerce Secretary highlighted that FTAs also provide businesses with greater certainty for investment planning, supply-chain development and selection of reliable business partners at lower risk.

The 32 countries covered by India's trade agreements represent high-income and high-consumption markets with strong demand for quality products.

Several Indian exporters already receive higher prices in these markets than in other destinations.

21)  Answer: A

Short Explanation:

The Indian Navy deployed INS Tarkash, a frontline guided-missile stealth frigate, to South Africa to participate in the 9th edition of the India-Brazil-South Africa Maritime Exercise (IBSAMAR IX) 2026.

IBSAMAR is a trilateral multinational maritime exercise involving the Indian Navy, Brazilian Navy and South African Navy.

The IBSAMAR exercise has been conducted biennially since 2008 under the India-Brazil-South Africa (IBSA) framework.

Detailed Explanation:

The Indian Navy deployed INS Tarkash, a frontline guided-missile stealth frigate, to South Africa to participate in the 9th edition of the India-Brazil-South Africa Maritime Exercise (IBSAMAR IX) 2026.

IBSAMAR is a trilateral multinational maritime exercise involving the Indian Navy, Brazilian Navy and South African Navy.

The IBSAMAR exercise has been conducted biennially since 2008 under the India-Brazil-South Africa (IBSA) framework.

The theme of IBSAMAR IX 2026 is “Stronger Together Towards a Shared Future in the Maritime Domain.”

The exercise aims to strengthen maritime cooperation, improve interoperability, promote mutual understanding and enhance collective maritime security, particularly in the Indian Ocean Region (IOR).

22) Answer: D

Short Explanation:

The Indian Navy successfully completed its maiden command of a Combined Maritime Forces (CMF) Task Force by relinquishing command of Combined Task Force 154 (CTF 154) on 14 October 2026 in Manama, Bahrain.

The Indian Navy assumed command of CTF 154 on 11 February 2026, marking the first time the Indian Navy led a CMF Task Force.

CTF 154, established in May 2023, is CMF’s dedicated multinational maritime training task force, responsible for strengthening maritime training, interoperability and capacity building among partner nations.

Commodore Milind M. Mokashi relinquished command to Commander Melissa Desjardins, Deputy Commander of CTF 154, who received command on behalf of CMF Headquarters.

Detailed Explanation:

The Indian Navy successfully completed its maiden command of a Combined Maritime Forces (CMF) Task Force by relinquishing command of Combined Task Force 154 (CTF 154) on 14 October 2026 in Manama, Bahrain.

The Indian Navy assumed command of CTF 154 on 11 February 2026, marking the first time the Indian Navy led a CMF Task Force.

CTF 154, established in May 2023, is CMF’s dedicated multinational maritime training task force, responsible for strengthening maritime training, interoperability and capacity building among partner nations.

Commodore Milind M. Mokashi relinquished command to Commander Melissa Desjardins, Deputy Commander of CTF 154, who received command on behalf of CMF Headquarters.

During its eight-month tenure, the Indian Navy-led CTF 154 conducted 20 Staff Enhancement Training engagements, two major multinational training exercises and the inaugural Subject Matter Expert Exchange on Piracy and Armed Robbery (SPAR 2026).

CTF 154 activities generated more than 7,800 training hours, with personnel from 39 countries participating.

Operation Compass Rose 26-1 was conducted from 20–22 April 2026 in a fully virtual format due to the regional security environment, involving 137 participants, 11 observers and 21 facilitators from 25 partner nations and 13 organisations.

Operation Southern Readiness 26-2, conducted at the Southern Naval Command, Kochi, from 20–23 July 2026, was the first major CMF training exercise hosted by India.

23) Answer: C

Short Explanation:

The Indian Coast Guard (ICG), under the Ministry of Defence (MoD), inducted an indigenous Advanced Light Helicopter (ALH) MK-III, designated CG 875, into Coast Guard Region (West) at Coast Guard Air Station (ICGAS), Ratnagiri, Maharashtra.

The helicopter was manufactured by Hindustan Aeronautics Limited (HAL) and received a traditional water cannon salute at its induction ceremony.

CG 875 is the first of five allotted ALH MK-III helicopters to be positioned with 831 Squadron (CG) at Ratnagiri.

The helicopter is equipped with advanced radar, an Electro-Optical (EO) Pod for long-range imaging and identification, and an Automatic Identification System (AIS).

Detailed Explanation:

The Indian Coast Guard (ICG), under the Ministry of Defence (MoD), inducted an indigenous Advanced Light Helicopter (ALH) MK-III, designated CG 875, into Coast Guard Region (West) at Coast Guard Air Station (ICGAS), Ratnagiri, Maharashtra.

The helicopter was manufactured by Hindustan Aeronautics Limited (HAL) and received a traditional water cannon salute at its induction ceremony.

CG 875 is the first of five allotted ALH MK-III helicopters to be positioned with 831 Squadron (CG) at Ratnagiri.

The helicopter is equipped with advanced radar, an Electro-Optical (EO) Pod for long-range imaging and identification, and an Automatic Identification System (AIS).

The ALH MK-III carries a cabin-mounted 12.7 mm Heavy Machine Gun (HMG) for target neutralisation.

The helicopter enhances the ICG’s capabilities in maritime surveillance, detection, identification, search and rescue (SAR), pollution response and other operational tasks.

The induction strengthens the Indian Coast Guard’s ability to protect India’s maritime interests and Exclusive Economic Zone (EEZ), particularly along the strategically important Maharashtra coast.

24) Answer: B

Short Explanation:

The Defence Accounts Department (DAD) organised a nationwide Shramdaan under the Swachhata Hi Seva 2026 campaign.

Field offices participated in the two-week-long Swachhata Pakhwada and planted over 25,000 trees under the ‘Ek Ped Maa Ke Naam’ initiative.

The campaign concluded with a cleanliness drive at MCD Primary School, Bagdola, Dwarka, New Delhi, led by Controller General of Defence Accounts (CGDA) Smt Alka Nangia Arora, in association with the Municipal Corporation of Delhi (MCD).

Detailed Explanation:

The Defence Accounts Department (DAD) organised a nationwide Shramdaan under the Swachhata Hi Seva 2026 campaign.

Field offices participated in the two-week-long Swachhata Pakhwada and planted over 25,000 trees under the ‘Ek Ped Maa Ke Naam’ initiative.

The campaign concluded with a cleanliness drive at MCD Primary School, Bagdola, Dwarka, New Delhi, led by Controller General of Defence Accounts (CGDA) Smt Alka Nangia Arora, in association with the Municipal Corporation of Delhi (MCD).

The CGDA Headquarters conducted a tree plantation drive on 12 October 2026 under Special Swachhata Campaign 6.0.

The department initiated the identification of physical files for weeding out, e-files for closure, scrap and e-waste for disposal.

The initiatives promote cleanliness, environmental conservation, responsible waste management and the Reduce, Reuse and Recycle (3Rs) principle through Jan Bhagidari (people’s participation).

25) Answer: E

Short Explanation:

The Technology Development Board (TDB), under the Department of Science and Technology (DST), Government of India, signed an agreement with ideaForge Technology Limited, based in Mumbai, Maharashtra, to provide financial support of ₹151 crore under the Research Development and Innovation (RDI) Fund.

The project has a total cost of ₹302 crore, with the TDB providing support through debt financing.

The project focuses on developing YETI, a heavy-lift, long-range autonomous aerial logistics vehicle, to advance its Technology Readiness Level (TRL) from 4 to 9.

Detailed Explanation:

The Technology Development Board (TDB), under the Department of Science and Technology (DST), Government of India, signed an agreement with ideaForge Technology Limited, based in Mumbai, Maharashtra, to provide financial support of ₹151 crore under the Research Development and Innovation (RDI) Fund.

The project has a total cost of ₹302 crore, with the TDB providing support through debt financing.

The project focuses on developing YETI, a heavy-lift, long-range autonomous aerial logistics vehicle, to advance its Technology Readiness Level (TRL) from 4 to 9.

YETI is a Vertical Take-Off and Landing, Fixed-Wing Hybrid Unmanned Aerial Vehicle (VTOL-FW UAV) designed to transport heavy payloads over long distances.

YETI is designed to carry a maximum payload of 200 kg, achieve a target range of 200 km, and operate at altitudes of up to 6,500 metres above mean sea level.

The vehicle is designed to operate in challenging environments, including high-altitude regions, deserts and marine conditions, through its weather-resistant design.

YETI combines vertical take-off and landing (VTOL) capability with a fixed-wing configuration, enabling operations from small landing areas while supporting long-range flights.

26) Answer: A

Short Explanation:

INSPIRE-MANAK stands for Million Minds Augmenting National Aspirations and Knowledge and is a flagship initiative of the Department of Science and Technology (DST), Government of India, implemented in collaboration with the National Innovation Foundation–India (NIF).

Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Science and Technology and Earth Sciences, felicitated 62 young innovators at the 12th National Level Exhibition and Project Competition (NLEPC) held in New Delhi.

A total of 729 students participated in the 12th NLEPC, and the INSPIRE-MANAK 2026 Compendium was released at the event.

Detailed Explanation:

INSPIRE-MANAK stands for Million Minds Augmenting National Aspirations and Knowledge and is a flagship initiative of the Department of Science and Technology (DST), Government of India, implemented in collaboration with the National Innovation Foundation–India (NIF).

Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Science and Technology and Earth Sciences, felicitated 62 young innovators at the 12th National Level Exhibition and Project Competition (NLEPC) held in New Delhi.

A total of 729 students participated in the 12th NLEPC, and the INSPIRE-MANAK 2026 Compendium was released at the event.

Young innovators had generated around 250 Intellectual Property Rights (IPRs), and 25 students had already taken their products to market.

Since its inception in 2017, 18,27,580 students have been selected under INSPIRE-MANAK up to 2025–26.

Before the 12th edition, 11 National Level Exhibition and Project Competitions had been organised, showcasing projects by 7,444 students.

Student selections under the scheme totalled 46,926 in 2023–24 and 50,009 in 2024–25.

27) Answer: B

Short Explanation:

Adani Enterprises Limited (AEL), part of the Adani Group, signed a non-binding agreement with United States (US)-based manufacturing company Jabil Inc. to establish a 50:50 Joint Venture (JV) for manufacturing Artificial Intelligence (AI) and data centre equipment in India.

The proposed 50:50 JV will manufacture and assemble AI racks, servers, storage and networking equipment, along with Power Distribution Systems (PDSs), liquid-cooling equipment and transformers.

The proposed JV’s Made-in-India infrastructure will serve both domestic and international markets, targeting hyperscalers, neocloud providers, data centre operators and large enterprises.

Detailed Explanation:

Adani Enterprises Limited (AEL), part of the Adani Group, signed a non-binding agreement with United States (US)-based manufacturing company Jabil Inc. to establish a 50:50 Joint Venture (JV) for manufacturing Artificial Intelligence (AI) and data centre equipment in India.

The proposed 50:50 JV will manufacture and assemble AI racks, servers, storage and networking equipment, along with Power Distribution Systems (PDSs), liquid-cooling equipment and transformers.

The proposed JV’s Made-in-India infrastructure will serve both domestic and international markets, targeting hyperscalers, neocloud providers, data centre operators and large enterprises.

India’s data centre capacity is expected to reach 5–8 gigawatts (GW) by 2030, driven by the expansion of cloud computing, AI adoption and data localisation.

More than USD 50 billion in planned hyperscaler spending is expected across India’s data centre, cloud and AI ecosystems.

The global AI compute infrastructure market could exceed USD 3 trillion over the next seven years.

The proposed JV aligns with the Adani Group’s USD 100 billion investment commitment to develop 5 GW of green-energy-powered, AI-ready data centre capacity by 2035.

 

28) Answer: A

Dr. Alluri Venkata Satyanarayana Raju, popularly known as Dr. AVS Raju, founder and Chairman Emeritus of Nagarjuna Construction Company (NCC) Limited, passed away in Hyderabad, Telangana, on 13 October 2026, at the age of 89.

He was born on 18 April 1937 in Antarvedipalem village, in the erstwhile East Godavari district of Andhra Pradesh.

He began his business journey in 1956 and founded Nagarjuna Construction Company (NCC) Limited in 1978.

He received the Padma Shri in 2010 in the Trade and Industry category for his contributions to India’s infrastructure, construction and housing sectors.

29) Answer: A

Short Explanation:

Annie Dillard, the Pulitzer Prize-winning American author and essayist, died at the age of 81.

Her famous book Pilgrim at Tinker Creek, published in 1974, won the Pulitzer Prize for General Nonfiction.

Pilgrim at Tinker Creek explores nature, spirituality and human observation, drawing on Dillard’s experiences around her home in Roanoke, Virginia.

Detailed Explanation:

Annie Dillard, the Pulitzer Prize-winning American author and essayist, died at the age of 81.

Her famous book Pilgrim at Tinker Creek, published in 1974, won the Pulitzer Prize for General Nonfiction.

Pilgrim at Tinker Creek explores nature, spirituality and human observation, drawing on Dillard’s experiences around her home in Roanoke, Virginia.

In 2015, former US President Barack Obama presented Annie Dillard with the National Humanities Medal for her profound reflections on human life and nature.

Dillard was born Meta Ann Doak in Pittsburgh, Pennsylvania, USA.

30) Answer: E

About Karnataka Bank:

Founded: 1924

Headquarters: Mangaluru, Karnataka, India

Managing Director & CEO: Raghavendra Srinivas Bhat

Tagline: "Your Family Bank, Across India"