Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2026 of 17th February 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) As per the report titled “Socio-Economic Impact Analysis of the Incentive Scheme for Promotion of RuPay Debit Card and low-value BHIM-UPI (P2M) transactions” was released by which ministry?

(a) Ministry of Electronics and Information Technology

(b) Ministry of Finance – Department of Financial Services

(c) Ministry of Commerce and Industry

(d) Ministry of Corporate Affairs

(e) NITI Aayog

2) As of 2026, Indian Overseas Bank (IOB) signed an MoU for customised leadership training programmes with which institution?

(a) IIM Ahmedabad

(b) IIM Bangalore

(c) IIM Kozhikode

(d) XLRI Jamshedpur

(e) IIT Madras

3) In 2026, the first meeting of BRICS Sherpas and Sous Sherpas under India’s Chairship was held in New Delhi. The theme of India’s BRICS Chairship 2026 is____________

(a) Global South for Shared Prosperity

(b) Partnership for Inclusive Growth

(c) Cooperation for Digital Future

(d) Unity for Multipolar World

(e) Building for Resilience, Innovation, Cooperation and Sustainability

4) Under the IT (Intermediary Guidelines and Digital Media Ethics Code) Amendment Rules, 2026, what is the term used for AI-generated or digitally fabricated content?

(a) Synthetically Generated Information (SGI)

(b) Digital Synthetic Media

(c) Deepfake Content

(d) Artificial Media Output

(e) Virtual Generated Data

5) Which telescope approved in the Union Budget is a 2-metre aperture facility being set up in the Merak region near Pangong Tso Lake, Ladakh?

(a) National Large Solar Telescope (NLST)

(b) Giant Metrewave Radio Telescope (GMRT)

(c) Thirty Meter Telescope (TMT)

(d) National Large Optical-Near Infrared Telescope (NLOT)

(e) Aryabhata Space Observatory

6) In 2026, the United Sangtam Likhum Pumji (USLP) banned the hunting and trade of which animal to strengthen community-led conservation in Nagaland?

(a) Red Panda

(b) Snow Leopard

(c) Pangolin

(d) Clouded Leopard

(e) Hoolock Gibbon


7) In 2025, India ranked second globally in terms of active installed base of smartphones, according to which organisation?

(a) International Data Corporation

(b) Global System for Mobile Communications Association

(c) Statista Research Department

(d) Counterpoint Research

(e) Deloitte Touche Tohmatsu Limited

8) Consider the following statements regarding the Chief Minister Skill Development Scheme of the Delhi Government:

1. The scheme is implemented through the Delhi Khadi and Village Industries Board (DKVIB).
2. Each beneficiary receives 12 days of training, including a 2-day Entrepreneurship Development Programme (EDP).
3. Beneficiaries are provided a stipend of ₹4,800 along with a daily meal allowance.

Which of the statements given above are correct?

(a) 1 and 2 only

(b) 2 and 3 only

(c) 1 and 3 only

(d) 1, 2 and 3

(e) 1 only

9) Consider the following statements regarding Seva Teerth:

1. Seva Teerth houses the Prime Minister’s Office, National Security Council Secretariat, and Cabinet Secretariat.
2. The motto of Seva Teerth is “Nagriko Devo Bhava”.
3. Seva Teerth was inaugurated on 13 February 1931.

Which of the statements given above are correct?

(a) 1 and 2 only

(b) 2 and 3 only

(c) 1 and 3 only

(d) 1, 2 and 3

(e) 1 only

10) Consider the following statements regarding the Sthree Suraksha Scheme launched by Kerala Chief Minister Pinarayi Vijayan:

1. It provides a monthly pension of ₹1,000 to economically backward women and transwomen.
2. The scheme is applicable to beneficiaries in the age group of 18–60 years.
3. The pension is transferred through the Direct Benefit Transfer (DBT) mechanism.

Which of the statements given above are correct?

(a) 1 and 2 only

(b) 1 and 3 only

(c) 2 and 3 only

(d) 1, 2 and 3

(e) 1 only

11) Who launched the Bodhan AI Centre of Excellence during the Bharat Bodhan AI Conclave 2026?

(a) Narendra Modi

(b) Ashwini Vaishnaw

(c) Dharmendra Pradhan

(d) Sukanta Majumdar

(e) NITI Aayog CEO

12) Who was elected as the 74th President of the Institute of Chartered Accountants of India (ICAI) for the 2026–27 term?

(a) Prasanna Kumar D

(b) Mangesh Pandurang Kinare

(c) Charanjot Singh Nanda

(d) Anil Kumar Neotia

(e) R. Subramanian


13) Who has been appointed as the new Chairman and Managing Director (CMD) of GAIL (India) Limited, effective from March 2026?

(a) Sandeep Kumar Gupta

(b) Deepak Gupta

(c) V. K. Singh

(d) Alok Kumar Verma

(e) Ramesh Narayanan

 

14) Who was the outgoing Chairman of Gujarat International Finance Tec-City (GIFT City) before Uday Suresh Kotak’s appointment?

(a) Raghuram Rajan

(b) Shaktikanta Das

(c) Hasmukh Adhia

(d) Nandan Nilekani

(e) Ajay Tyagi

15) As of 2026, Sanjay Agarwal was reappointed as Managing Director & CEO of which bank for a three-year term beginning in April 2026?

(a) Ujjivan Small Finance Bank

(b) Equitas Small Finance Bank

(c) Bandhan Bank

(d) Jana Small Finance Bank

(e) AU Small Finance Bank

 

16) Who was appointed as the interim Prime Minister of Bulgaria to lead the caretaker government until the April 2026 elections?

(a) Boyko Borisov

(b) Rumen Radev

(c) Andrey Gyurov

(d) Kiril Petkov

(e) Nikolay Denkov

17) As of 2026, MILAN Village enhances India’s maritime outreach during events hosted in which city?

(a) Visakhapatnam

(b) Mumbai

(c) Kochi

(d) Chennai

(e) Port Blair

18) At the 6th India–France Annual Defence Dialogue (2026) will be co-chaired by Rajnath Singh and which French minister?

(a) Jean-Yves Le Drian

(b) Florence Parly

(c) Bruno Le Maire

(d) Sébastien Lecornu

(e) Catherine Vautrin

 

19) As of 2026, the Defence Acquisition Council(DAC) Approves ₹3.25 Lakh Crore Deal to Procure 114 Additional Rafale Fighter Jets from France. How many Rafale fighter jets will be manufactured in India under the Make in India initiative as part of the latest DAC approval?

(a) 18

(b) 96

(c) 76

(d) 114

(e) 176


20) In 2026, IIT Bombay signed an MoU with which foreign university to establish the Center of AI for Manufacturing?

(a) Stanford University

(b) Massachusetts Institute of Technology

(c) Columbia University

(d) Harvard University

(e) University of California, Berkeley

21) As of 2026, David J. Farber, who passed away in 2026, was widely known as the________

(a) Father of Artificial Intelligence

(b) Father of the World Wide Web

(c) Founder of Google

(d) Pioneer of Quantum Computing

(e) Grandfather of the Internet

 

22) As of 2026, Dr Haripriya Aravind and Dr R. Venkatesh were selected for which international humanitarian award?

(a) Ramon Magsaysay Award

(b) Chang-Crandall Humanitarian Award

(c) Lasker Award

(d) Nobel Peace Prize

(e) Padma Shri

23) Which company signed an MoU with the Indian Army for supplying advanced carbon fabrics and composite materials?

(a) Tata Advanced Systems

(b) L&T Defence

(c) Bharat Electronics Limited

(d) Agneevasthraa

(e) Mahindra Defence

24) What is the tagline of Indian Overseas Bank (IOB)?

(a) Banking for a New World

(b) A friend you can bank upon

(c) Together We Can

(d) Pure Banking, Nothing Else

(e) Trusted for Generations

25) Who was elected as the Vice-President of the Institute of Chartered Accountants of India (ICAI) for the 2026–27 term?

(a) Prasanna Kumar D

(b) Charanjot Singh Nanda

(c) Mangesh Pandurang Kinare

(d) Anil Kumar Neotia

(e) S. Santhanakrishnan


Answers:

1) Answer: B

Short Explanation:

The Department of Financial Services (DFS), Ministry of Finance, released a report titled “Socio-Economic Impact Analysis of the Incentive Scheme for Promotion of RuPay Debit Card and low-value BHIM-UPI (Person-to-Merchant) transactions” during Chintan Shivir (13–14 February 2026).

Detailed Explanation:

The Department of Financial Services (DFS), Ministry of Finance, released a report titled “Socio-Economic Impact Analysis of the Incentive Scheme for Promotion of RuPay Debit Card and low-value BHIM-UPI (Person-to-Merchant) transactions” during Chintan Shivir (13–14 February 2026).

The study was conducted by an independent third-party research agency in consultation with the National Payments Corporation of India (NPCI) to evaluate the effectiveness of the government’s incentive framework.

The Incentive Scheme (FY 2021–22 to FY 2024–25) aimed to accelerate digital payment adoption, reduce cash dependence, and formalise routine economic activity.

It provided structured budgetary support to acquiring banks and ecosystem participants to ensure digital payments remain affordable, accessible, and sustainable.

2) Answer: C

Short Explanation:

Indian Overseas Bank (IOB) signed a Memorandum of Understanding (MoU) with the Indian Institute of Management-Kozhikode (IIM-K), Kerala to collaborate on the design, delivery, and certification of customised training programmes and workshops for IOB’s senior leadership and executives.

Detailed Explanation:

Indian Overseas Bank (IOB) signed a Memorandum of Understanding (MoU) with the Indian Institute of Management-Kozhikode (IIM-K), Kerala to collaborate on the design, delivery, and certification of customised training programmes and workshops for IOB’s senior leadership and executives.

The MoU was signed during the 90th Foundation Day celebrations of IOB on 10 February 2026.

IOB also announced the establishment of a dedicated Centre of Excellence (CoE) for training and capacity building.

3) Answer: E

Short Explanation:

The first meeting of BRICS Sherpas and Sous Sherpas under India’s Chairship 2026 was held in New Delhi

The meeting was chaired by Mr. Sudhakar Dalela, Secretary (Economic Relations) and India’s BRICS Sherpa, supported by Mr. Shambhu L. Hakki, Joint Secretary (Multilateral Economic Relations) and India’s BRICS Sous Sherpa

India presented its Chairship priorities under the theme “Building for Resilience, Innovation, Cooperation and Sustainability”

Detailed Explanation:

The first meeting of BRICS Sherpas and Sous Sherpas under India’s Chairship 2026 was held in New Delhi

The meeting was chaired by Mr. Sudhakar Dalela, Secretary (Economic Relations) and India’s BRICS Sherpa, supported by Mr. Shambhu L. Hakki, Joint Secretary (Multilateral Economic Relations) and India’s BRICS Sous Sherpa

BRICS Sherpas and senior officials from Brazil, China, Egypt, Ethiopia, Indonesia, Iran, Russia, Saudi Arabia, South Africa and United Arab Emirates participated in the meeting

The BRICS Sherpas and Country Representatives jointly called on the External Affairs Minister Dr. S. Jaishankar on 10 February 2026

India presented its Chairship priorities under the theme “Building for Resilience, Innovation, Cooperation and Sustainability”

Various Ministries and Departments of the Government of India presented priorities and proposed activities across multiple BRICS thematic areas

Key areas of cooperation included health, agriculture, labour and employment, disaster risk reduction, environment, climate change, energy, innovation, Information and Communication Technology, security and counter-terrorism, and economic and financial domains

 

4) Answer: A

Short Explanation:

The Ministry of Electronics and Information Technology (MeitY) amended the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 through the Amendment Rules, 2026

The final rules narrow the earlier broad definition of Synthetically Generated Information (SGI) and provide exemptions

Detailed Explanation:

The Ministry of Electronics and Information Technology (MeitY) amended the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 through the Amendment Rules, 2026

The revised rules mandate labelling of AI-generated or synthetically generated content by users and social media platforms

The amended rules will come into effect from 20 February 2026

Social media platforms must prominently label “synthetically generated” or AI-generated images and videos

Platforms with over 5 million users must obtain a user declaration for AI-generated content and conduct technical verification before publication

The objective is to combat deepfakes, misinformation, privacy violations, and threats to national integrity

The final rules narrow the earlier broad definition of Synthetically Generated Information (SGI) and provide exemptions

 

5) Answer: A

Short Explanation:

• The National Large Solar Telescope (NLST) is a 2-metre aperture solar telescope coming up in the Merak region near Pangong Tso Lake (Ladakh)
• It will operate in the visible and near-infrared wavelengths of the electromagnetic spectrum

Detailed Explanation:

In the Union Budget, the Government sanctioned the establishment of two major telescopes:

National Large Solar Telescope (NLST)

National Large Optical-Near Infrared Telescope (NLOT)

• The initiative aims to strengthen India’s capabilities in solar studies, space weather research, and deep space exploration
• The National Large Solar Telescope (NLST) is a 2-metre aperture solar telescope coming up in the Merak region near Pangong Tso Lake (Ladakh)
• It will operate in the visible and near-infrared wavelengths of the electromagnetic spectrum
• The National Large Optical-Near Infrared Telescope (NLOT) will be a 13.7-metre aperture segmented-mirror telescope to be built in Hanle (Ladakh)

It will consist of 90 smaller hexagonal mirror segments, functioning together as one large primary mirror

6) Answer: C

Short Explanation:

The United Sangtam Likhum Pumji (USLP), apex tribal body of the Sangtam Naga community in Nagaland, passed a resolution banning pangolin hunting and trade within its jurisdiction

The decision strengthens community-led conservation efforts and reinforces protections under the Wildlife (Protection) Act, 1972

Detailed Explanation:

The United Sangtam Likhum Pumji (USLP), apex tribal body of the Sangtam Naga community in Nagaland, passed a resolution banning pangolin hunting and trade within its jurisdiction

The decision strengthens community-led conservation efforts and reinforces protections under the Wildlife (Protection) Act, 1972

Pangolins are among the most trafficked mammals globally, targeted for their scales, meat, and illegal wildlife trade

In India, two species are found:

Indian Pangolin (Manis crassicaudata)

Chinese Pangolin (Manis pentadactyla)
Both species are classified as Endangered

7) Answer: D

Short Explanation:

India has emerged as the second-largest active installed base of smartphones globally in 2025, according to Counterpoint Research

India has over 740 million active smartphones, ranking just behind China

The figure indicates that more than half of India’s population of approximately 1.45 billion actively uses smartphones

Detailed Explanation:

India has emerged as the second-largest active installed base of smartphones globally in 2025, according to Counterpoint Research

India has over 740 million active smartphones, ranking just behind China

The figure indicates that more than half of India’s population of approximately 1.45 billion actively uses smartphones

The term active installed base refers to the total number of smartphones currently in use, unlike shipment data which measures annual sales

The metric reflects device longevity, user retention, ecosystem loyalty, and replacement cycles, providing a deeper understanding of digital penetration

India’s large installed base highlights strong smartphone adoption across both urban and rural regions


8) Answer: D

Short Explanation:

The Delhi Government approved the Chief Minister Skill Development Scheme to support artisans associated with khadi, handloom, and cottage industries

Each beneficiary will undergo 12 days of structured training, including a 2-day Entrepreneurship Development Programme (EDP)

Training will be conducted in batches of 35–45 participants to ensure focused guidance

Beneficiaries will receive a stipend of ₹4,800 (₹400 per day) along with ₹100 per day for meals

Detailed Explanation:

The Delhi Government approved the Chief Minister Skill Development Scheme to support artisans associated with khadi, handloom, and cottage industries

Chief Minister Rekha Gupta announced the initiative, emphasizing the need to connect traditional artisans with modern and global markets

The scheme will be implemented through the Delhi Khadi and Village Industries Board (DKVIB)

In the first phase during 2025–26, around 3,728 artisans will receive training with an approved budget of ₹8.9 crore

For 2026–27, the government is expected to allocate ₹57.5 crore to expand the programme

Each beneficiary will undergo 12 days of structured training, including a 2-day Entrepreneurship Development Programme (EDP)

Training will be conducted in batches of 35–45 participants to ensure focused guidance

Beneficiaries will receive a stipend of ₹4,800 (₹400 per day) along with ₹100 per day for meals

9) Answer: A

Short Explanation:

Prime Minister Narendra Modi inaugurated Seva Teerth in New Delhi marking a major step in administrative reforms

The complex carries the motto “Nagriko Devo Bhava”, meaning Citizens are akin to God, reflecting citizen-centric governance

The date 13 February holds historic significance as New Delhi was formally inaugurated as India’s capital on 13 February 1931, marking 95 years in 2026

Along with Seva Teerth, the Prime Minister inaugurated Kartavya Bhavan 1 and 2, which will house multiple key ministries

Detailed Explanation:

Prime Minister Narendra Modi inaugurated Seva Teerth in New Delhi marking a major step in administrative reforms

The newly developed complex houses the Prime Minister’s Office (PMO), National Security Council Secretariat (NSCS), and Cabinet Secretariat under one roof

Seva Teerth aims to streamline top-level administration by improving coordination, reducing delays, enhancing security, and promoting integrated governance

The complex carries the motto “Nagriko Devo Bhava”, meaning Citizens are akin to God, reflecting citizen-centric governance

The date 13 February holds historic significance as New Delhi was formally inaugurated as India’s capital on 13 February 1931, marking 95 years in 2026

Along with Seva Teerth, the Prime Minister inaugurated Kartavya Bhavan 1 and 2, which will house multiple key ministries

10) Answer: B

Short Explanation:

Kerala Chief Minister Pinarayi Vijayan launched the Sthree Suraksha Scheme at Malayinkeezhu, Thiruvananthapuram

The scheme provides a ₹1,000 monthly pension to economically backward women and transwomen.

The scheme covers women and transwomen in the 35–60 years age group

The financial assistance is transferred directly to beneficiaries’ bank accounts through the Direct Benefit Transfer (DBT) mechanism

Detailed Explanation:

Kerala Chief Minister Pinarayi Vijayan launched the Sthree Suraksha Scheme at Malayinkeezhu, Thiruvananthapuram

The scheme provides a ₹1,000 monthly pension to economically backward women and transwomen

The pension was credited to 10,18,042 beneficiaries in the first phase after verification and approval of applications

The scheme covers women and transwomen in the 35–60 years age group

It is applicable to those not receiving benefits under any other social welfare pension programme

The financial assistance is transferred directly to beneficiaries’ bank accounts through the Direct Benefit Transfer (DBT) mechanism

11) Answer: C

Short Explanation:

The Bharat Bodhan AI Conclave 2026 commenced at Bharat Mandapam to promote integration of Artificial Intelligence (AI) in India’s education ecosystem

The two-day conclave aims to enhance collaboration among government bodies, academic institutions, startups, and industry leaders for building an AI-driven education framework

Detailed Explanation:

The Bharat Bodhan AI Conclave 2026 commenced at Bharat Mandapam to promote integration of Artificial Intelligence (AI) in India’s education ecosystem

The two-day conclave aims to enhance collaboration among government bodies, academic institutions, startups, and industry leaders for building an AI-driven education framework

The event was addressed by Union Minister for Education Dharmendra Pradhan in the presence of Minister of State for Education Sukanta Majumdar

Dharmendra Pradhan launched the Bodhan AI Centre of Excellence during the conclave

The conclave serves as a national platform for ecosystem mapping, strategic alignment, and partnership building in AI-enabled education

12) Answer: A

Short Explanation:

Chartered Accountant (CA) Prasanna Kumar D was elected as the 74th President of the Institute of Chartered Accountants of India (ICAI),under Ministry of Corporate Affairs (MCA) for the 2026–27 term, with immediate effect (February 12, 2026), under the Ministry of Corporate Affairs.

Detailed Explanation:

Chartered Accountant (CA) Prasanna Kumar D was elected as the 74th President of the Institute of Chartered Accountants of India (ICAI),under Ministry of Corporate Affairs (MCA) for the 2026–27 term, with immediate effect (February 12, 2026), under the Ministry of Corporate Affairs.

He succeeds CA Charanjot Singh Nanda as ICAI President, marking a key leadership transition for the professional accounting body.

CA Mangesh Pandurang Kinare was elected as Vice-President (VP) of ICAI for the 2026–27 term.

13) Answer: B

Short Explanation:

The Ministry of Petroleum and Natural Gas appointed Deepak Gupta as the new Chairman and Managing Director (CMD) of GAIL (India) Limited (formerly Gas Authority of India Limited).

Detailed Explanation:

The Ministry of Petroleum and Natural Gas appointed Deepak Gupta as the new Chairman and Managing Director (CMD) of GAIL (India) Limited (formerly Gas Authority of India Limited).

He will assume charge on or after March 1, 2026, and will serve till February 28, 2029 (date of superannuation) or until further orders, whichever is earlier.

He will succeed Sandeep Kumar Gupta, the incumbent CMD, who is scheduled to retire on February 28, 2026.

Deepak Gupta has extensive experience in natural gas pipeline projects, Liquefied Natural Gas (LNG) operations, and large-scale energy infrastructure development.

14) Answer: C

The Gujarat Government has appointed Uday Suresh Kotak, industrialist and veteran banker, as Chairman of Gujarat International Finance Tec-City (GIFT City) with immediate effect.

Uday Kotak replaces Hasmukh Adhia, who had been serving as non-executive chairman since 19 June 2023.

The appointment was announced through a resolution issued by the Urban Development and Urban Housing Department, Government of Gujarat, and reviewed by ANI news agency.

15) Answer: E

Short Explanation:

The Reserve Bank of India approved the reappointment of Sanjay Agarwal as Managing Director (MD) & Chief Executive Officer (CEO) of AU Small Finance Bank Limited for a three-year term effective from 19 April 2026.

Detailed Explanation:

The Reserve Bank of India approved the reappointment of Sanjay Agarwal as Managing Director (MD) & Chief Executive Officer (CEO) of AU Small Finance Bank Limited for a three-year term effective from 19 April 2026.

Sanjay Agarwal is the Founder of AU SFB and led its transformation from a Non-Banking Financial Company (NBFC) into India’s largest Small Finance Bank (SFB) with emphasis on financial inclusion, innovation, and digital transformation.

He began his leadership tenure as MD of AU Financiers (India) Limited in February 2008 and later became MD & CEO of AU SFB on 19 April 2017 after its conversion into a bank.

He received the EY Entrepreneur of the Year Award (2018) in the Financial Services category.

16) Answer: C

Iliana Malinova Iotova, President of Bulgaria, appointed Andrey Gyurov, Deputy Governor of the Bulgarian National Bank (BNB), as interim Prime Minister (PM) to lead a caretaker government until national elections scheduled for April 2026.

Andrey Gyurov is a former lawmaker and parliamentary leader of the reformist group ‘We Continue the Change’.

17) Answer: A

Short Explanation:

The Indian Navy inaugurated the MILAN Village at the Eastern Naval Command, as part of its flagship international naval exercise, MILAN 2026.

Vice Admiral Sanjay Bhalla emphasized that MILAN Village complements professional naval engagement and enhances India’s maritime outreach during International Fleet Review (IFR) 2026, MILAN 2026, and IONS Conclave of Chiefs hosted in Visakhapatnam.

Detailed Explanation:

The Indian Navy inaugurated the MILAN Village at the Eastern Naval Command, as part of its flagship international naval exercise, MILAN 2026.

The inauguration was presided over by Vice Admiral Sanjay Bhalla, Flag Officer Commanding-in-Chief, Eastern Naval Command, who formally opened the village and inspected the facilities for participating navies.

Vice Admiral Sanjay Bhalla emphasized that MILAN Village complements professional naval engagement and enhances India’s maritime outreach during International Fleet Review (IFR) 2026, MILAN 2026, and IONS Conclave of Chiefs hosted in Visakhapatnam.

18) Answer: E

Short Explanation:

Raksha Mantri Shri Rajnath Singh will co-chair the 6th India-France Annual Defence Dialogue with Ms Catherine Vautrin, Minister of Armed Forces and Veterans Affairs of France, in Bengaluru, Karnataka on 17 February 2026.

Detailed Explanation:

Raksha Mantri Shri Rajnath Singh will co-chair the 6th India-France Annual Defence Dialogue with Ms Catherine Vautrin, Minister of Armed Forces and Veterans Affairs of France, in Bengaluru, Karnataka on 17 February 2026.

A defence cooperation agreement is expected to be renewed for another 10 years, along with an MoU on Joint Venture for manufacturing Hammer missiles, to be signed in the presence of both Defence Ministers.

The Ministers will virtually inaugurate the H125 Light Utility Helicopter Final Assembly at Tata Airbus, Vemagal, Karnataka, in the presence of PM Shri Narendra Modi and French President Emmanuel Macron.

19) Answer: B

Short Explanation:

The Defence Acquisition Council (DAC), chaired by Union Defence Minister Rajnath Singh, approved a proposal worth ₹3.25 lakh crore (≈ USD 40 billion) to acquire 114 additional Rafale fighter jets from France.

The DAC also approved the purchase of six additional Boeing P-8I maritime patrol aircraft for the Indian Navy (IN).

Under the Rafale deal, 18 jets will be delivered in fly-away condition by Dassault Aviation, France, while the remaining 96 jets will be manufactured in India under the Make in India initiative.

Detailed Explanation:

The Defence Acquisition Council (DAC), chaired by Union Defence Minister Rajnath Singh, approved a proposal worth ₹3.25 lakh crore (≈ USD 40 billion) to acquire 114 additional Rafale fighter jets from France.

The DAC also approved the purchase of six additional Boeing P-8I maritime patrol aircraft for the Indian Navy (IN).

The approval grants the Acceptance of Necessity (AoN), a key step in India’s defence procurement process, allowing the government to proceed with detailed contract negotiations and pricing.

Under the Rafale deal, 18 jets will be delivered in fly-away condition by Dassault Aviation, France, while the remaining 96 jets will be manufactured in India under the Make in India initiative.

With this acquisition, India’s total Rafale fleet will increase to 176 jets, including 36 already inducted by the Indian Air Force (IAF) and 26 Rafale-M jets for the Indian Navy.

20) Answer: C

Short Explanation:

Indian Institute of Technology (IIT) Bombay and Columbia University, USA signed a Memorandum of Understanding (MoU) to establish the Columbia–IIT Bombay Center of AI for Manufacturing.

Detailed Explanation:

Indian Institute of Technology (IIT) Bombay and Columbia University, USA signed a Memorandum of Understanding (MoU) to establish the Columbia–IIT Bombay Center of AI for Manufacturing.

The MoU signing ceremony was held at Bharat Mandapam, New Delhi in the presence of Union Education Minister Dharmendra Pradhan, MoS for Education Sukanta Majumdar, Secretary (Higher Education) Vineet Joshi, Secretary (School Education & Literacy) Sanjay Kumar, and Secretary, MeitY S. Krishnan.

The Columbia–IIT Bombay Center of AI for Manufacturing will function as a joint research and translation hub focused on developing robust, scalable, and human-centric AI systems for real-world manufacturing applications.

21) Answer: E

Short Explanation:

David J. Farber, widely regarded as the “grandfather of the internet”, passed away in Tokyo at the age of 91 due to heart failure.

Farber was a distinguished computer science professor who spent decades shaping the foundations of modern networking and mentoring pioneers who built the core architecture of the global internet.

Detailed Explanation:

David J. Farber, widely regarded as the “grandfather of the internet”, passed away in Tokyo at the age of 91 due to heart failure.

Farber was a distinguished computer science professor who spent decades shaping the foundations of modern networking and mentoring pioneers who built the core architecture of the global internet.

Since 2018, he has been teaching at Keio University, Japan, contributing to digital education and research.

Farber began his career in the mid-1950s at Bell Laboratories, during a period when computers operated largely in isolation.

22) Answer: B

Short Explanation:

Dr Haripriya Aravind and Dr R Venkatesh of the Aravind Eye Care System have been selected for the Chang-Crandall Humanitarian Award 2026

The award will be presented at the conference of the American Society of Cataract and Refractive Surgery Foundation (ASCRS Foundation) in Washington DC on 11 April 2026

The award was instituted in 2017 through an endowment by David Chang and Victoria Chang

Detailed Explanation:

Dr Haripriya Aravind and Dr R Venkatesh of the Aravind Eye Care System have been selected for the Chang-Crandall Humanitarian Award 2026

The award will be presented at the conference of the American Society of Cataract and Refractive Surgery Foundation (ASCRS Foundation) in Washington DC on 11 April 2026

The award was instituted in 2017 through an endowment by David Chang and Victoria Chang

It recognises exceptional humanitarian contributions in cataract care globally

The award carries a USD 100,000 grant, which the awardees have decided to donate back to the Aravind Eye Care System to support its non-profit initiatives

Dr Haripriya Aravind serves as Chief of Cataract and Intraocular Lens services and previously worked in paediatric ophthalmology before specialising in adult cataract surgery

23) Answer: D

Short Explanation:

Mumbai-based company Agneevasthraa signed a Memorandum of Understanding (MoU) with the Indian Army for supply of advanced carbon fabrics and high-performance composite materials

Detailed Explanation:

Mumbai-based company Agneevasthraa signed a Memorandum of Understanding (MoU) with the Indian Army for supply of advanced carbon fabrics and high-performance composite materials

The agreement focuses on custom design and manufacturing of carbon-based materials for critical defence applications

The collaboration supports the Make in India initiative and promotes indigenous defence manufacturing

Agneevasthraa has prior collaborations with the Indian Space Research Organisation (ISRO) and the Defence Research and Development Organisation (DRDO)

24) Answer: B

About Indian Overseas Bank:

Founded: 1937

Headquarters: Chennai, Tamil Nadu, India

MD & CEO: Ajay Kumar Srivastava

Tagline: "A friend you can bank upon"

25) Answer: C

Chartered Accountant (CA) Prasanna Kumar D was elected as the 74th President of the Institute of Chartered Accountants of India (ICAI),under Ministry of Corporate Affairs (MCA) for the 2026–27 term, with immediate effect (February 12, 2026), under the Ministry of Corporate Affairs.

He succeeds CA Charanjot Singh Nanda as ICAI President, marking a key leadership transition for the professional accounting body.

CA Mangesh Pandurang Kinare was elected as Vice-President (VP) of ICAI for the 2026–27 term.