Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2026 of  22nd August  2026. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2026 & other competitive exams can make use of these Current Affairs Quiz.

 

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1) As per the recent IRDAI order, which health insurance company has been barred from opening any new place of business for six months with effect from 19 August 2026?

(a) Star Health Insurance

(b) Care Health Insurance

(c) Niva Bupa Health Insurance Company Limited

(d) ICICI Lombard Health Insurance

(e) HDFC ERGO Health Insurance

2) Recently, India Ratings and Research (Ind-Ra) has revised India's GDP growth forecast for FY 2026–27 to what percentage?

(a) 6.5%

(b) 6.6%

(c) 6.7%

(d) 6.8%

(e) 7.0%

3) Recently, the Government of India and the Asian Development Bank (ADB) signed a loan agreement of how much for the Chennai Climate-Resilient Water Security and Sewerage Project?

(a) $150 million

(b) $180 million

(c) $200 million

(d) $220 million

(e) $230 million|

4) Recently, which NBFC became the first in India to establish exclusive branches dedicated to silver loans?

(a) Bajaj Finance

(b) Muthoot Finance

(c) Manappuram Finance

(d) Paul Merchants Finance Private Limited (PMFPL)

(e) IIFL Finance

 

5) Recently, Public Sector Banks (PSBs) have proposed creating what separate sub-target within the existing 40% Priority Sector Lending (PSL) requirement for climate and transition finance?

(a) 1%

(b) 2%

(c) 3%

(d) 5%

(e) 10%

6) Recently, how much did State Bank of India (SBI) raise through its public dollar bond issue from its London branch?

(a) USD 250 million

(b) USD 400 million

(c) USD 500 million

(d) USD 750 million

(e) USD 1 billion

 

7) Recently, the Government approved a Central Sector Scheme for the Development of Makhana with a total outlay of how much for the period 2025–26 to 2030–31?

(a) ₹376.03 crore

(b) ₹426.03 crore

(c) ₹576.03 crore

(d) ₹526.03 crore

(e) ₹476.03 crore

8) Recently, the “Yashoda AI – Women’s Path to AI Empowerment” programme was organised by which organisation?

(a) NITI Aayog

(b) Ministry of Electronics and Information Technology

(c) National Commission for Women (NCW)

(d) Ministry of Women and Child Development

(e) Digital India Corporation

9) Recently, the Government of India approved the APM/NAPM Incentive Scheme to promote the expansion of which type of connections?

(a) Compressed Natural Gas (CNG) connections

(b) Piped Natural Gas (PNG) connections

(c) Liquefied Petroleum Gas (LPG) connections

(d) Electricity connections

(e) Biogas connections

10) Recently, United Nations High Commissioner for Refugees (UNHCR), Southern India Chamber of Commerce and Industry (SICCI) and which institution signed an MoU to promote refugee self-reliance and inclusion in India?

(a) Ethiraj College for Women, Chennai

(b) Stella Maris College, Chennai

(c) Madras Christian College, Chennai

(d) Loyola College, Chennai

(e) Queen Mary’s College, Chennai

11) Recently, who was appointed as an Honorary Advisor to the BRICS Chamber of Commerce & Industry (BRICS CCI)?

(a) Sameep Shastri

(b) Yogesh Sharma

(c) Dr. Eluri Sreedhar

(d) Lal Bahadur Shastri

(e) Ajay Seth

12) Recently, DPIIT signed MoUs with which companies to strengthen support for DPIIT-recognised startups and promote innovation?

(a) PhonePe and Shell India Pvt. Ltd.

(b) Paytm and Reliance Industries

(c) Google India and Microsoft India

(d) Tata Digital and Infosys

(e) Amazon India and Flipkart

13) Recently, the Territorial Army, in collaboration with CyberPeace, launched which national-level hackathon focused on defence and cybersecurity challenges?

(a) Cyber Shakti 2026

(b) Terrier Cyber Quest 2026 (TCQ 3.0)

(c) Defence Cyber Challenge 2026

(d) Bharat Cyber Hackathon 2026

(e) Army Cyber Quest 2026

 

14)  Recently, Prudential Corporation Holdings Limited received CCI approval to acquire what percentage stake in Bharti Life Insurance Company Limited?

(a) 51%

(b) 60%

(c) 65%

(d) 75%

(e) 80%

 

15) Recently, the RBI approved Life Insurance Corporation of India (LIC) to acquire an aggregate holding of up to what percentage in HDFC Bank?

(a) 5.00%

(b) 7.50%

(c) 9.99%

(d) 10.50%

(e) 12.00%

16) Recently, which company emerged as the winning bidder in a bankruptcy auction to acquire a portion of Spirit Airlines’ internal enterprise data and software assets?

(a) Microsoft

(b) Amazon

(c) Meta

(d) Apple

(e) Google

17) Recently, who inaugurated the upgraded Appeal and Complaint Management System (AppCoMS 2.0) of the Central Information Commission (CIC)?

(a) Raj Kumar Goyal

(b) Sanjay Kumar Verma

(c) Heeralal Samariya

(d) Yashovardhan Azad

(e) Vanaja N. Sarna

18) Recently, Reliance Industries Limited (RIL) entered into a strategic partnership with which company to develop a sovereign indigenous combat engine for India’s AMCA programme?

(a) General Electric

(b) Safran

(c) Rolls-Royce Limited

(d) BAE Systems

(e) Lockheed Martin

19) Recently, which startup launched the indigenous NIKA2 Kisan Medium Drone for technology-driven agricultural applications?

(a) Garuda Aerospace

(b) AkinAnalytics

(c) ideaForge Technology

(d) Dhaksha Unmanned Systems

(e) DroneAcharya Aerial Innovations

20) Recently, the Himalayan plant species Impatiens Nimspurjai was named in honour of which legendary mountaineer?

(a) Nirmal “Nimsdai” Purja

(b) Apa Sherpa

(c) Tenzing Norgay

(d) Kami Rita Sherpa

(e) Mingma Gyalje Sherpa

Answers:

1) Answer: C

Short Explanation:

The Insurance Regulatory and Development Authority of India (IRDAI) has barred Niva Bupa Health Insurance Company Limited from opening any new place of business for six months, with the restriction effective from 19 August 2026.

The action against Niva Bupa relates to its non-compliance with the applicable Expense of Management (EoM) limits for the financial year 2024–25.

IRDAI has directed Niva Bupa not to add or open any new branches/places of business during the six-month restriction period.

Detailed Explanation:

The Insurance Regulatory and Development Authority of India (IRDAI) has barred Niva Bupa Health Insurance Company Limited from opening any new place of business for six months, with the restriction effective from 19 August 2026.

The action against Niva Bupa relates to its non-compliance with the applicable Expense of Management (EoM) limits for the financial year 2024–25.

IRDAI has directed Niva Bupa not to add or open any new branches/places of business during the six-month restriction period.

The order followed an explanation sought by IRDAI from Niva Bupa regarding its compliance with the applicable EoM limits for FY 2024–25, after which the company submitted its response to the regulator.

Niva Bupa stated in its disclosure to the BSE that it is evaluating the IRDAI order and will take appropriate steps to safeguard the interests of stakeholders.

Niva Bupa stated that it was in compliance with the IRDAI (Expenses of Management, including Commission of Insurers) Regulations, 2024 for the full financial year ended 31 March 2026.

2) Answer: D

Short Explanation:

India Ratings and Research (Ind-Ra), a wholly-owned subsidiary of Fitch Group, has raised India’s Gross Domestic Product (GDP) growth forecast for FY 2026–27 (FY27) by 10 basis points (bps) to 6.8%, from its earlier estimate of 6.7%.

Ind-Ra revised the GDP growth forecast upward mainly due to expectations of lower crude oil prices, which could support India’s economic growth.

Detailed Explanation:

India Ratings and Research (Ind-Ra), a wholly-owned subsidiary of Fitch Group, has raised India’s Gross Domestic Product (GDP) growth forecast for FY 2026–27 (FY27) by 10 basis points (bps) to 6.8%, from its earlier estimate of 6.7%.

Ind-Ra revised the GDP growth forecast upward mainly due to expectations of lower crude oil prices, which could support India’s economic growth.

Despite the upward revision, Ind-Ra highlighted several downside risks that could weaken India’s growth outlook.

The major risks include geopolitical developments, particularly the ongoing West Asia conflict, which could affect economic activity and energy prices.

Other risks identified by Ind-Ra include high headline inflation, a depreciating Indian currency, and weaker-than-expected Capital Expenditure (Capex).

3) Answer: E

Short Explanation:

The Government of India and the Asian Development Bank (ADB) signed a $230 million loan agreement to modernise and expand Chennai’s water supply and sanitation infrastructure.

The project is named the Chennai Climate-Resilient Water Security and Sewerage Project and aims to improve access to safe, reliable and equitable water supply and better sanitation services across Chennai.

The project will strengthen Chennai’s climate resilience, improve public health and quality of life, and support a more efficient and financially sustainable urban water system.

Detailed Explanation:

The Government of India and the Asian Development Bank (ADB) signed a $230 million loan agreement to modernise and expand Chennai’s water supply and sanitation infrastructure.

The project is named the Chennai Climate-Resilient Water Security and Sewerage Project and aims to improve access to safe, reliable and equitable water supply and better sanitation services across Chennai.

The project will strengthen Chennai’s climate resilience, improve public health and quality of life, and support a more efficient and financially sustainable urban water system.

The Government of India’s engagement with ADB for finalising the loan was carried out under the guidance of Shri Baldeo Purushartha, Joint Secretary (ADB & Japan), Department of Economic Affairs (DEA), Ministry of Finance.

The loan documents were signed by Shri Saurabh Singh, Deputy Secretary, Department of Economic Affairs, Ministry of Finance, on behalf of the Government of India.

Ms. Mio Oka, Country Director, India Resident Mission, signed the loan documents on behalf of the Asian Development Bank (ADB).

The project will construct more than 170 km of water supply pipes and sewer pipes to strengthen Chennai’s urban water and sanitation network.

The project will upgrade 7 water pumping stations and 38 sewer pumping stations to improve the efficiency and reliability of water and sewerage services.

Water utility assets and operations management will be strengthened through performance-based contracts, promoting better service delivery and operational efficiency.

4) Answer: D

Short Explanation:

Paul Merchants Finance Private Limited (PMFPL), a diversified Non-Banking Financial Company (NBFC) and part of the Paul Merchants Group, has launched its Loan Against Silver product.

With this launch, PMFPL has become the first NBFC in India to establish exclusive branches dedicated to silver loans.

The initiative follows the Reserve Bank of India (RBI)’s Lending Against Gold and Silver Collateral Directions, 2025, which brought lending against eligible silver collateral into the formal regulated lending framework.

Detailed Explanation:

Paul Merchants Finance Private Limited (PMFPL), a diversified Non-Banking Financial Company (NBFC) and part of the Paul Merchants Group, has launched its Loan Against Silver product.

With this launch, PMFPL has become the first NBFC in India to establish exclusive branches dedicated to silver loans.

The initiative follows the Reserve Bank of India (RBI)’s Lending Against Gold and Silver Collateral Directions, 2025, which brought lending against eligible silver collateral into the formal regulated lending framework.

PMFPL has initially started its Silver Loan operations in the Union Territory of Chandigarh.

The company plans to expand its silver loan offering to other locations in a phased manner.

Under the new Loan Against Silver facility, eligible customers can avail loans ranging from ₹2,000 to ₹15 lakh.

5) Answer: B

Short Explanation:

Public Sector Banks (PSBs) have proposed creating a separate 2% sub-target for climate and transition finance within the existing 40% Priority Sector Lending (PSL) requirement for Scheduled Commercial Banks (SCBs).

The proposed 2% climate and transition-finance sub-target would be carved out of the existing 40% of Adjusted Net Bank Credit (ANBC) PSL requirement.

Currently, there is no separate sub-target for climate or transition finance under the PSL framework.

Detailed Explanation:

Public Sector Banks (PSBs) have proposed creating a separate 2% sub-target for climate and transition finance within the existing 40% Priority Sector Lending (PSL) requirement for Scheduled Commercial Banks (SCBs).

The proposed 2% climate and transition-finance sub-target would be carved out of the existing 40% of Adjusted Net Bank Credit (ANBC) PSL requirement.

Currently, there is no separate sub-target for climate or transition finance under the PSL framework.

Under the existing 40% ANBC PSL target, the major sub-targets include agriculture – 18%, micro enterprises – 7.5%, and weaker sections – 12%, with the remaining portion covering other eligible sectors.

The weaker sections category includes Scheduled Castes (SCs), Scheduled Tribes (STs), minority communities, and Self-Help Groups (SHGs).

Other eligible sectors under PSL include housing, education, renewable energy, social infrastructure, and export credit.

 

6) Answer: C

Short Explanation:

State Bank of India (SBI) has successfully raised USD 500 million through a public dollar bond issue from its London branch, demonstrating strong global investor confidence in India’s largest lender.

The five-year bonds carry a coupon rate of 5.25% and were issued under the Regulation S framework.

The bonds were benchmarked against the 5-year US Treasury, with final pricing set at a spread of 88 basis points (bps) over the US Treasury benchmark.

Detailed Explanation:

State Bank of India (SBI) has successfully raised USD 500 million through a public dollar bond issue from its London branch, demonstrating strong global investor confidence in India’s largest lender.

The five-year bonds carry a coupon rate of 5.25% and were issued under the Regulation S framework.

The bonds were benchmarked against the 5-year US Treasury, with final pricing set at a spread of 88 basis points (bps) over the US Treasury benchmark.

SBI initially launched the bond issue with pricing guidance of around 120 bps over US Treasuries, but strong investor demand enabled the bank to tighten the spread by 32 bps to 88 bps at final pricing.

The bond issue attracted a peak order book of USD 2.46 billion from 145 investors, which was nearly five times the issue size, highlighting strong demand among global fixed-income investors.

7) Answer: E

Short Explanation:

Makhana, scientifically known as Euryale ferox, is an aquatic crop whose edible seeds are processed and popped to produce the popular fox nut snack.

India is the world’s largest producer of makhana, with Bihar, West Bengal, and Assam being the major producing states.

The Government has approved a Central Sector Scheme for Development of Makhana with a total outlay of ₹476.03 crore for the period 2025-26 to 2030-31.

Under the scheme, the Government is focusing on quality seeds, research and innovation, farmer training, improved harvesting and post-harvest practices, value addition, branding, marketing, exports, and quality control.

The Government approved ₹30 crore for 2025-26 and ₹90 crore for 2026-27 under the Makhana Development Scheme.

Detailed Explanation:

Makhana, scientifically known as Euryale ferox, is an aquatic crop whose edible seeds are processed and popped to produce the popular fox nut snack.

India is the world’s largest producer of makhana, with Bihar, West Bengal, and Assam being the major producing states.

Bihar is the central hub of India’s makhana sector, particularly in the Kosi basin districts of Supaul, Saharsa, and Madhepura, along with nearby areas of the Mithila and Seemanchal regions.

The National Makhana Board was announced in the Union Budget 2025-26 to modernize and strengthen the makhana sector.

The National Makhana Board was formally launched in Bihar on 15 September 2025.

The Government has approved a Central Sector Scheme for Development of Makhana with a total outlay of ₹476.03 crore for the period 2025-26 to 2030-31.

Under the scheme, the Government is focusing on quality seeds, research and innovation, farmer training, improved harvesting and post-harvest practices, value addition, branding, marketing, exports, and quality control.

The Government approved ₹30 crore for 2025-26 and ₹90 crore for 2026-27 under the Makhana Development Scheme.

8) Answer: C

Short Explanation:

The National Commission for Women (NCW) organised the “Yashoda AI – Women’s Path to AI Empowerment” programme at Lovely Professional University (LPU), Jalandhar, Punjab.

The Yashoda AI programme aims to promote Artificial Intelligence (AI) literacy, digital empowerment, cyber safety and greater participation of women in emerging technologies.

The Yashoda AI initiative was originally launched on 22 May 2025 at Mahatma Jyotiba Phule Rohilkhand University, Bareilly, Uttar Pradesh.

Detailed Explanation:

The National Commission for Women (NCW) organised the “Yashoda AI – Women’s Path to AI Empowerment” programme at Lovely Professional University (LPU), Jalandhar, Punjab.

The Yashoda AI programme aims to promote Artificial Intelligence (AI) literacy, digital empowerment, cyber safety and greater participation of women in emerging technologies.

The Yashoda AI initiative was originally launched on 22 May 2025 at Mahatma Jyotiba Phule Rohilkhand University, Bareilly, Uttar Pradesh.

The initiative was launched by Vijaya Rahatkar, Chairperson of the National Commission for Women (NCW), to equip women with AI skills and encourage their participation in technology-driven fields.

During her visit to Jalandhar, Punjab, the NCW Chairperson also chaired a review meeting with senior district administrative officials to assess issues related to women’s safety and protection.

The review meeting highlighted women’s safety as an important indicator of good governance.

 

9) Answer: B

Short Explanation:

The Government of India has approved an incentive scheme to accelerate the expansion of domestic Piped Natural Gas (PNG) connections by encouraging City Gas Distribution (CGD) companies to activate unbilled connections and expand PNG networks into new areas.

The APM/NAPM Incentive Scheme will come into effect from 1 September 2026 and aims to increase the number of billed domestic PNG connections across the country.

Detailed Explanation:

The Government of India has approved an incentive scheme to accelerate the expansion of domestic Piped Natural Gas (PNG) connections by encouraging City Gas Distribution (CGD) companies to activate unbilled connections and expand PNG networks into new areas.

The APM/NAPM Incentive Scheme will come into effect from 1 September 2026 and aims to increase the number of billed domestic PNG connections across the country.

India currently has around 1.74 crore domestic PNG connections, providing households with a cleaner, safer, and more convenient cooking fuel compared with LPG cylinders and traditional fuels.

Under the scheme, eligible CGD entities will receive an additional allocation of 200 SCM (Standard Cubic Metres) of domestically produced lower-priced APM gas for every incremental billed domestic PNG connection achieved above the prescribed geographical-area threshold.

The additional 200 SCM of APM gas will act as an incentive for CGD companies to activate unbilled PNG connections and expand their domestic PNG customer base.

 

10) Answer: A

Short Explanation:

The United Nations High Commissioner for Refugees (UNHCR), Southern India Chamber of Commerce and Industry (SICCI) and Ethiraj College for Women (Autonomous), Chennai, Tamil Nadu signed a Memorandum of Understanding (MoU) to promote refugee self-reliance and inclusion in India.

The MoU aims to strengthen collaboration in education, research and community engagement for the benefit of refugee communities in India.

The partnership combines the academic expertise of Ethiraj College for Women with the technical and operational experience of UNHCR and the SICCI-UNHCR Partnership Forum.

Detailed Explanation:

The United Nations High Commissioner for Refugees (UNHCR), Southern India Chamber of Commerce and Industry (SICCI) and Ethiraj College for Women (Autonomous), Chennai, Tamil Nadu signed a Memorandum of Understanding (MoU) to promote refugee self-reliance and inclusion in India.

The MoU aims to strengthen collaboration in education, research and community engagement for the benefit of refugee communities in India.

The partnership combines the academic expertise of Ethiraj College for Women with the technical and operational experience of UNHCR and the SICCI-UNHCR Partnership Forum.

Under the MoU, initiatives will focus on education, research, community engagement and livelihood support to enhance self-reliance among refugees.

The Department of Social Work, Ethiraj College for Women will function as the nodal department for coordinating and implementing the collaborative activities under the MoU.

11) Answer: C

Dr. Eluri Sreedhar was appointed as an Honorary Advisor to the BRICS Chamber of Commerce & Industry (BRICS CCI).

The appointment letter was presented by Sameep Shastri, Chairman of BRICS CCI and grandson of former Indian Prime Minister Lal Bahadur Shastri.

BRICS CCI also appointed Yogesh Sharma as its National Advisor.

12) Answer: A

Short Explanation:

The Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry signed Memoranda of Understanding (MoUs) with PhonePe and Shell India Pvt. Ltd. to strengthen support for DPIIT-recognised startups.

The partnerships aim to promote innovation across key sectors and strengthen India’s startup ecosystem by improving access to technology, digital infrastructure, mentorship, market opportunities, and industry networks.

The collaborations are intended to foster a robust, inclusive, and self-reliant startup ecosystem in India.

Detailed Explanation:

The Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry signed Memoranda of Understanding (MoUs) with PhonePe and Shell India Pvt. Ltd. to strengthen support for DPIIT-recognised startups.

The partnerships aim to promote innovation across key sectors and strengthen India’s startup ecosystem by improving access to technology, digital infrastructure, mentorship, market opportunities, and industry networks.

The collaborations are intended to foster a robust, inclusive, and self-reliant startup ecosystem in India.

Under the DPIIT–PhonePe partnership, DPIIT-recognised startups will receive transaction credits through PhonePe’s Payment Gateway, helping them access digital payment infrastructure.

Startups will also receive access to the Indus AppStore, along with dedicated onboarding and support services to facilitate their digital adoption and business operations.

13) Answer: B

Short Explanation:

The Territorial Army, in collaboration with CyberPeace, has launched Terrier Cyber Quest 2026 (TCQ 3.0), a national-level hackathon focused on developing innovative solutions for contemporary defence, cybersecurity and information-domain challenges.

TCQ 3.0 is the third edition of the competition and aims to bring together technical talent from academia, industry, research institutions, government organisations and the Armed Forces.

Detailed Explanation:

The Territorial Army, in collaboration with CyberPeace, has launched Terrier Cyber Quest 2026 (TCQ 3.0), a national-level hackathon focused on developing innovative solutions for contemporary defence, cybersecurity and information-domain challenges.

TCQ 3.0 is the third edition of the competition and aims to bring together technical talent from academia, industry, research institutions, government organisations and the Armed Forces.

The initiative focuses on emerging areas such as Artificial Intelligence (AI), cybersecurity, threat mitigation and digital awareness, while promoting the development of indigenous solutions relevant to national security.

The Bug Hunting track is a cybersecurity challenge that begins with an online Capture-the-Flag (CTF) qualifier and culminates in an in-person live sandbox finale.

14) Answer: D

Short Explanation:

The Competition Commission of India (CCI), under the Ministry of Corporate Affairs (MCA), approved the proposal of Prudential Corporation Holdings Limited to acquire a majority stake in Bharti Life Insurance Company Limited.

Under the proposed arrangement, Prudential Corporation Holdings will acquire a 75% stake in Bharti Life Insurance Company.

The 75% stake will be acquired from Bharti Life Ventures Pvt. Ltd. and 360 ONE Asset Management for ₹3,500 crore, equivalent to around USD 389 million.

Detailed Explanation:

The Competition Commission of India (CCI), under the Ministry of Corporate Affairs (MCA), approved the proposal of Prudential Corporation Holdings Limited to acquire a majority stake in Bharti Life Insurance Company Limited.

Prudential Corporation Holdings Limited is the acquirer and is a subsidiary of British financial services company Prudential plc.

Bharti Life Insurance Company Limited is the target company and is an IRDAI-licensed insurer.

Under the proposed arrangement, Prudential Corporation Holdings will acquire a 75% stake in Bharti Life Insurance Company.

The 75% stake will be acquired from Bharti Life Ventures Pvt. Ltd. and 360 ONE Asset Management for ₹3,500 crore, equivalent to around USD 389 million.

The acquisition is subject to obtaining other applicable regulatory and statutory approvals before completion.

15) Answer: C

Short Explanation:

The Reserve Bank of India (RBI) approved Life Insurance Corporation of India (LIC) to acquire an aggregate holding of up to 9.99% of the paid-up share capital or voting rights of HDFC Bank Limited.

HDFC Bank is one of India’s leading private-sector banks and is described in the given information as India’s largest private-sector bank.

LIC currently holds a 4.11% stake in HDFC Bank, according to the latest beneficial position as of 14 August 2026.

Detailed Explanation:

The Reserve Bank of India (RBI) approved Life Insurance Corporation of India (LIC) to acquire an aggregate holding of up to 9.99% of the paid-up share capital or voting rights of HDFC Bank Limited.

HDFC Bank is one of India’s leading private-sector banks and is described in the given information as India’s largest private-sector bank.

LIC currently holds a 4.11% stake in HDFC Bank, according to the latest beneficial position as of 14 August 2026.

The RBI approval is subject to compliance with the Banking Regulation Act, 1949, and the RBI (Commercial Banks – Acquisition and Holding of Shares or Voting Rights) Directions, 2025.

The proposed acquisition must also comply with the Foreign Exchange Management Act (FEMA), 1999, SEBI regulations, and other applicable laws.

16) Answer: E

Short Explanation:

Google, a subsidiary of Alphabet Inc., emerged as the winning bidder in a bankruptcy auction to acquire a portion of Spirit Airlines’ internal enterprise data and software assets.

Google placed a bid of USD 10 million for the assets, which are intended for product development and Artificial Intelligence (AI) model training.

The proposed sale is still subject to approval by a U.S. bankruptcy court.

Detailed Explanation:

Google, a subsidiary of Alphabet Inc., emerged as the winning bidder in a bankruptcy auction to acquire a portion of Spirit Airlines’ internal enterprise data and software assets.

Google placed a bid of USD 10 million for the assets, which are intended for product development and Artificial Intelligence (AI) model training.

The proposed sale is still subject to approval by a U.S. bankruptcy court.

Spirit Airlines shut down its operations in May 2026 after facing financial difficulties, including high debt and rising fuel costs, and subsequently began selling its assets through bankruptcy proceedings.

Google will acquire Spirit Airlines’ internal enterprise data, including employee emails, Microsoft Teams messages, spreadsheets, calendars, marketing data, productivity data, and operations data.

17) Answer: A

Short Explanation:

The Central Information Commission (CIC) launched the upgraded Appeal and Complaint Management System (AppCoMS 2.0) on 17 August 2026.

Raj Kumar Goyal, the Chief Information Commissioner (CIC), inaugurated the upgraded AppCoMS 2.0 portal.

Detailed Explanation:

The Central Information Commission (CIC) launched the upgraded Appeal and Complaint Management System (AppCoMS 2.0) on 17 August 2026.

Raj Kumar Goyal, the Chief Information Commissioner (CIC), inaugurated the upgraded AppCoMS 2.0 portal.

AppCoMS 2.0 has been developed to strengthen the digital infrastructure of the CIC and streamline the processing of Second Appeals and Complaints filed under the Right to Information (RTI) Act, 2005.

The upgraded system was developed and implemented according to the prescribed project timeline to improve the Commission’s digital workflow and case-processing efficiency.

The Appeal and Complaint Management System (AppCoMS) is an online web application portal introduced by the Central Information Commission in September 2016.

AppCoMS 2.0 introduces user accounts for Applicants, Central Public Information Officers (CPIOs) of Public Authorities, and other stakeholders.

User accounts are linked with the stakeholders’ e-mail IDs and mobile numbers, strengthening authentication and digital communication.

Under AppCoMS 2.0, applicants can submit Second Appeals and Complaints through their individual user accounts.

18) Answer: C

Short Explanation:

Reliance Industries Limited (RIL) entered into a strategic partnership with Rolls-Royce Limited, a British luxury car company, to design, develop, manufacture, and deliver a sovereign indigenous combat engine for India’s Advanced Medium Combat Aircraft (AMCA) programme.

Under the partnership, RIL and Rolls-Royce will explore setting up a dedicated Aerospace Gas Turbine Complex in India, which will serve as a Centre of Excellence (CoE) for power and propulsion technology.

Detailed Explanation:

Reliance Industries Limited (RIL) entered into a strategic partnership with Rolls-Royce Limited, a British luxury car company, to design, develop, manufacture, and deliver a sovereign indigenous combat engine for India’s Advanced Medium Combat Aircraft (AMCA) programme.

Under the partnership, RIL and Rolls-Royce will explore setting up a dedicated Aerospace Gas Turbine Complex in India, which will serve as a Centre of Excellence (CoE) for power and propulsion technology.

The collaboration aims to integrate Rolls-Royce’s advanced propulsion technology and expertise with RIL’s industrial and manufacturing capabilities for the joint development of the AMCA engine in India.

The partnership is aimed at strengthening India’s indigenous aerospace and defence manufacturing capabilities and supporting the development of a sovereign combat engine.

The AMCA programme aims to develop India’s 5th-generation stealth multi-role fighter aircraft for the Indian Air Force (IAF).

19) Answer: B

Short Explanation:

AkinAnalytics, a women-led DeepTech and Defence Technology startup based in Hyderabad, Telangana, launched its indigenous NIKA2 Kisan Medium Drone to provide technology-driven solutions for farmers and field-intensive industries.

NIKA2 Kisan Medium Drone was unveiled by Union Minister Shivraj Singh Chouhan of the Ministry of Agriculture & Farmers’ Welfare (MoA&FW) and the Ministry of Rural Development (MoRD) in New Delhi, Delhi.

The launch of NIKA2 Kisan Medium Drone supports India’s indigenous drone ecosystem, technology-driven agriculture, and automation in field-intensive sectors.

Detailed Explanation:

AkinAnalytics, a women-led DeepTech and Defence Technology startup based in Hyderabad, Telangana, launched its indigenous NIKA2 Kisan Medium Drone to provide technology-driven solutions for farmers and field-intensive industries.

NIKA2 Kisan Medium Drone was unveiled by Union Minister Shivraj Singh Chouhan of the Ministry of Agriculture & Farmers’ Welfare (MoA&FW) and the Ministry of Rural Development (MoRD) in New Delhi, Delhi.

The launch of NIKA2 Kisan Medium Drone supports India’s indigenous drone ecosystem, technology-driven agriculture, and automation in field-intensive sectors.

The drone launch advances the vision of “Make in India, Go Global”, highlighting India’s focus on indigenous technology development and global technological competitiveness.

NIKA2 is equipped with a 16-litre spraying payload and a 12-litre spreading payload, making it suitable for various agricultural and field applications.

 

20) Answer: A

Short Explanation:

The Himalayan plant species Impatiens Nimspurjai was named in honour of legendary Nepali mountaineer Nirmal “Nimsdai” Purja for his outstanding contributions to mountaineering and high-altitude environmental conservation.

Impatiens Nimspurjai was discovered in Myagdi district of Nepal by researchers Bhakta Bahadur Raskoti and Rita Ale.

Detailed Explanation:

The Himalayan plant species Impatiens Nimspurjai was named in honour of legendary Nepali mountaineer Nirmal “Nimsdai” Purja for his outstanding contributions to mountaineering and high-altitude environmental conservation.

Impatiens Nimspurjai was discovered in Myagdi district of Nepal by researchers Bhakta Bahadur Raskoti and Rita Ale.

The species was first encountered in western Myagdi district of Nepal in 2011.

The species was formally described in a 57-page study published in the peer-reviewed scientific journal PLOS ONE.

Impatiens Nimspurjai belongs to the genus Impatiens and the flowering-plant family Balsaminaceae.

Nirmal Purja was also recognised by the United Nations Environment Programme (UNEP) as a Mountain Advocate.