Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2026 of 26th May  2026. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2026 & other competitive exams can make use of these Current Affairs Quiz.

 

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1) In 2026, the Reserve Bank of India imposed a monetary penalty of ₹10.10 lakh on which bank for non-compliance related to Priority Sector Loan accounts and SHG member-level data reporting to Credit Information Companies?

(a) HDFC Bank

(b) ICICI Bank

(c) City Union Bank

(d) Federal Bank

(e) IndusInd Bank

 

2) In 2026, the Reserve Bank of India (RBI) introduced new loan recovery norms, under which recovery agents can be engaged only if they are certified by which of the following institutions?

(a) National Institute of Securities Markets (NISM)

(b) Insurance Institute of India (III)

(c) Indian Institute of Banking and Finance (IIBF)

(d) Institute of Chartered Accountants of India (ICAI)

(e) Indian Statistical Institute (ISI)

 

3) In 2026, the Asian Infrastructure Investment Bank (AIIB) launched the Energy, Food Security and Economic Resilience Facility, which is headquartered in which city?

(a) Tokyo

(b) Shanghai

(c) Singapore

(d) Hong Kong

(e) Beijing

 

4) In 2026, the Reserve Bank of India announced a record surplus transfer to the Government of India during the 623rd Central Board meeting. What was the amount transferred?

(a) ₹2.69 lakh crore

(b) ₹2.87 lakh crore

(c) ₹3.16 lakh crore

(d) ₹2.45 lakh crore

(e) ₹3.05 lakh crore

5)  In 2026, consider the following statements regarding the Quarterly Bulletin on Unincorporated Sector Enterprises (QBUSE) released by NSO:

1. The number of unincorporated establishments grew by 16.69% year-on-year to 9.16 crore.
2. Employment in the sector crossed 15 crore workers for the first time, reaching 15.17 crore.
3. Women accounted for nearly 29% of total employment in the sector.

Which of the above statements is/are correct?

(a) 1 and 2 only

(b) 2 and 3 only

(c) 1 and 3 only

(d) All of the above

(e) None of the above

 

6) In 2026, Karnataka Grameena Bank received the National Award from PFRDA for outstanding performance under Atal Pension Yojana (APY). The bank achieved what percentage of its APY enrolment target?

(a) 125%

(b) 135%

(c) 140%

(d) 142%

(e) 160%

 

7) In 2026, India, China, Japan and several other WTO members criticised the United Kingdom’s steel safeguard measures, which impose what tariff on imports exceeding quota limits?

(a) 10%

(b) 15%

(c) 20%

(d) 25%

(e) 30%

8) In 2026, Phase-II of the UMMID Programme was launched under the Department of Biotechnology to strengthen diagnosis and management of which of the following?

(a) Infectious diseases

(b) Rare Genetic Disorders

(c) Cardiovascular diseases

(d) Mental health disorders

(e) Nutritional deficiencies

 

9) In 2026, consider the following statements regarding the UNESCO–L’Oréal “For Women in Science International Awards”:

1. Liesl Zühlke received the Africa and Arab States Award for cardiovascular research on childhood rheumatic heart disease.
2. Felice Jacka was awarded for her work in nutritional psychiatry and the impact of diet on mental health.
3. Raquel Lia Chan was recognised for pioneering work in tissue engineering and regenerative medicine.

Which of the above statements is/are correct?

(a) 1 and 3 only

(b) 2 and 3 only

(c) 1 and 2 only

(d) 1, 2 and 3

(e) 2 only

 

10) In 2026, South African President Cyril Ramaphosa conferred the Order of Mapungubwe (Gold) on Professor Salim Abdool Karim for his contributions in which of the following fields?

(a) Space science and astronomy

(b) Medical science, epidemiology and public health

(c) Nuclear physics

(d) Agricultural biotechnology

(e) Environmental engineering

 

11) In 2026, the Appointments Committee of the Cabinet (ACC) extended the deputation tenure of Anurag Garg as Director General of which of the following organisations until 31 July 2027?

(a) Central Bureau of Investigation

(b) National Investigation Agency

(c) Border Security Force

(d) Enforcement Directorate

(e) Narcotics Control Bureau

 

12) In 2026, a Ring Gantry-based Linear Accelerator was commissioned at Army Hospital (R&R), Delhi to strengthen cancer treatment facilities. Which Defence Secretary of India was present during its commissioning?

(a) Ajay Kumar

(b) Giridhar Aramane

(c) Rajesh Kumar Singh

(d) Sanjay Mitra

(e) Subhash Chandra

 

13) In 2026, India successfully test-fired the Agni-1 Short-Range Ballistic Missile from the Integrated Test Range (ITR), Chandipur under the supervision of which of the following organisations?

(a) Defence Research and Development Organisation (DRDO)

(b) Strategic Forces Command (SFC)

(c) Indian Air Force

(d) Indian Space Research Organisation (ISRO)

(e) Border Security Force (BSF)

14) In 2026, the Offer for Sale (OFS) of which bank was oversubscribed 2.35 times on the first day, leading the government to exercise the entire greenshoe option?

(a) Central Bank of India

(b) Bank of Baroda

(c) Punjab National Bank  

(d) Canara Bank

(e) Indian Bank

 

15) In 2026, which of the following institutions signed a Memorandum of Understanding with the National Institute of Securities Markets and the Indian Institute of Corporate Affairs to collaborate on corporate governance, Environmental Social and Governance initiatives, and capital market programmes?

(a) Reserve Bank of India

(b) Insurance Regulatory and Development Authority of India

(c) Pension Fund Regulatory and Development Authority

(d) Securities and Exchange Board of India

(e) Competition Commission of India

 

16) In 2026, the Government of Maharashtra signed Memorandums of Understanding with NTPC Limited, Adani Power Limited, Reliance Industries Limited, and Lalitpur Power Generation Company Limited to attract investment of how much for nuclear energy projects?

(a) ₹4.5 lakh crore

(b) ₹5.0 lakh crore

(c) ₹6.0 lakh crore

(d) ₹6.5 lakh crore

(e) ₹7.0 lakh crore

 

17) In 2026, Indian sprinter Gurindervir Singh became the fastest Indian ever in the men’s 100-metre race by clocking which of the following timings at the Federation Cup in Ranchi?

(a) 10.15 seconds

(b) 10.12 seconds

(c) 10.00 seconds

(d) 10.05 seconds

(e) 10.09 seconds

 

18) In 2026, Karnataka Grameena Bank is jointly owned by the Government of India, the Government of Karnataka, and which of the following banks with a 35% stake?

(a) Canara Bank

(b) Punjab National Bank

(c) State Bank of India

(d) Bank of Baroda

(e) Indian Bank

 

19) In 2026, the revised United Kingdom steel import restrictions will reduce tariff-free steel import quotas by nearly what percentage?

(a) 40%

(b) 50%

(c) 60%

(d) 70%

(e) 80%

20) In 2026, UMMID Programme launched by the Government of India is related to which of the following?

(a) Universal Medical Mission for Immunisation and Development

(b) Unique Methods of Management and Treatment of Inherited Disorders

(c) Unified Mechanism for Monitoring Infectious Diseases

(d) Urban Medical Modernisation and Integrated Diagnostics

(e) United Mission for Maternal and Infant Development

 

Answers:

1) Answer: C

Short Explanation:

The Reserve Bank of India (RBI) imposed a monetary penalty of ₹10.10 lakh on City Union Bank Limited.

The penalty was imposed for non-compliance with RBI directions related to ‘Priority Sector Loan accounts’ and ‘Reporting of Self Help Group (SHG) member-level data to Credit Information Companies (CICs)’.

Detailed Explanation:

The Reserve Bank of India (RBI) imposed a monetary penalty of ₹10.10 lakh on City Union Bank Limited.

The penalty was imposed for non-compliance with RBI directions related to ‘Priority Sector Loan accounts’ and ‘Reporting of Self Help Group (SHG) member-level data to Credit Information Companies (CICs)’.

RBI imposed the penalty under the powers conferred by Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949 and Section 25(1)(iii) read with Section 23(4) of the Credit Information Companies (Regulation) Act, 2005.

The action followed the Statutory Inspection for Supervisory Evaluation (ISE) conducted by RBI with reference to the bank’s financial position as on 31 March 2025.

RBI issued a show-cause notice to the bank after identifying supervisory findings of regulatory non-compliance.

About City Union Bank (CUB):

Founded Year: 1904

Headquarters: Kumbakonam, Tamil Nadu, India

MD & CEO: Dr. N. Kamakodi

Slogan: "Trust and Excellence Since 1904"

 

2) Answer: C

Short Explanation:

The Reserve Bank of India (RBI) released final amendments to overhaul loan recovery and recovery agent regulations, which will come into effect from 1 October 2026.

Under the new framework, banks must conduct strict due diligence and periodic background verification of recovery agents before engagement.

Banks can engage only certified recovery agents trained through approved institutions such as the Indian Institute of Banking and Finance (IIBF).

RBI introduced detailed borrower protection norms to regulate recovery practices.

Detailed Explanation:

The Reserve Bank of India (RBI) released final amendments to overhaul loan recovery and recovery agent regulations, which will come into effect from 1 October 2026.

Under the new framework, banks must conduct strict due diligence and periodic background verification of recovery agents before engagement.

Banks can engage only certified recovery agents trained through approved institutions such as the Indian Institute of Banking and Finance (IIBF).

RBI introduced detailed borrower protection norms to regulate recovery practices.

Recovery agents are allowed to contact borrowers only between 8 AM and 7 PM.

The new rules prohibit harassment, abusive language, intimidation, social media shaming, and pressuring of relatives or colleagues during loan recovery.

Banks are required to publicly disclose the list of empanelled recovery agencies on their websites and customer platforms.

Borrowers must receive prior notice through SMS, email, or letters before any physical recovery visit.

 

3) Answer: E

Short Explanation:

The Asian Infrastructure Investment Bank (AIIB) established the Energy, Food Security and Economic Resilience Facility, aimed at supporting member countries affected by the Middle East conflict.

The facility provides up to US$10 billion over two years for member countries and clients impacted by the conflict.

The AIIB is a multilateral development bank (MDB) headquartered in China (Beijing) and began operations in 2016, financing infrastructure and development projects across Asia and other regions.

Detailed Explanation:

The Asian Infrastructure Investment Bank (AIIB) established the Energy, Food Security and Economic Resilience Facility, aimed at supporting member countries affected by the Middle East conflict.

The facility provides up to US$10 billion over two years for member countries and clients impacted by the conflict.

The AIIB is a multilateral development bank (MDB) headquartered in China (Beijing) and began operations in 2016, financing infrastructure and development projects across Asia and other regions.

The new facility supplements existing AIIB financing tools and focuses on energy security, food security, and economic resilience.

It provides fast-disbursing budget support, financing for critical imports and expenditures, and liquidity support to affected economies.

The facility also supports government response programmes, short-term working capital, and business continuity needs of infrastructure companies and financial intermediaries.

On 18 May 2026, seven Multilateral Development Banks (MDBs) issued a joint statement on coordinated support for countries affected by the Middle East conflict, highlighting disruptions in energy markets, fertiliser markets, and trade routes.

The AIIB is headed by President Zou Jiayi, who announced the new facility for affected members.

 

4) Answer: B

Short Explanation:

The Reserve Bank of India announced a record surplus transfer of ₹2.87 lakh crore to the Government of India (GoI) for Financial Year 2025-26 (FY26), during the 623rd meeting of the Central Board of Directors (CBoDs).

The surplus transfer for FY26 was higher than last year’s transfer of ₹2.69 lakh crore.

However, the transfer remained lower than the Union Budget estimate of ₹3.16 lakh crore for dividend receipts.

The 623rd Central Board Meeting was chaired by Dr. Sanjay Malhotra in Mumbai.

The balance sheet of RBI expanded by 20.61% to ₹91.97 lakh crore as of 31 March 2026.

Detailed Explanation:

The Reserve Bank of India announced a record surplus transfer of ₹2.87 lakh crore to the Government of India (GoI) for Financial Year 2025-26 (FY26), during the 623rd meeting of the Central Board of Directors (CBoDs).

The surplus transfer for FY26 was higher than last year’s transfer of ₹2.69 lakh crore.

However, the transfer remained lower than the Union Budget estimate of ₹3.16 lakh crore for dividend receipts.

The 623rd Central Board Meeting was chaired by Dr. Sanjay Malhotra in Mumbai.

The balance sheet of RBI expanded by 20.61% to ₹91.97 lakh crore as of 31 March 2026.

The balance sheet growth was mainly supported by large bond purchases and liquidity injections into the banking system.

The net income of RBI before risk provisions and transfer to statutory funds stood at ₹3,95,972.10 crore during FY26.

The gross income of RBI increased by 26.42% during FY26.

RBI’s expenditure before risk provisions rose by 27.60% during the financial year.

RBI approved a transfer of ₹1,09,379.64 crore towards the Contingent Risk Buffer (CRB) for FY26.

The allocation towards CRB was significantly higher than the previous year’s transfer of ₹44,861.70 crore.

 

5) Answer: D

Short Explanation:

The National Statistics Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) released the Quarterly Bulletin on Unincorporated Sector Enterprises (QBUSE) for January–March 2026.

The report provides high-frequency data on India’s unincorporated non-agricultural sector.

The number of unincorporated establishments increased by 16.69% year-on-year, reaching 9.16 crore during Q4 FY26 (Jan–Mar 2026).

Rural establishments recorded stronger growth of 20.46%, compared to urban growth of 12.59%.

Employment in the sector crossed 15 crore workers for the first time, reaching 15.17 crore, marking a 15.51% year-on-year increase.

Women accounted for nearly 29% of total employment, highlighting improved gender inclusion in the sector.

Detailed Explanation:

The National Statistics Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) released the Quarterly Bulletin on Unincorporated Sector Enterprises (QBUSE) for January–March 2026.

The report provides high-frequency data on India’s unincorporated non-agricultural sector.

The number of unincorporated establishments increased by 16.69% year-on-year, reaching 9.16 crore during Q4 FY26 (Jan–Mar 2026).

Rural establishments recorded stronger growth of 20.46%, compared to urban growth of 12.59%.

Employment in the sector crossed 15 crore workers for the first time, reaching 15.17 crore, marking a 15.51% year-on-year increase.

The growth in employment reflects strong expansion in the unincorporated sector labour market.

Women accounted for nearly 29% of total employment, highlighting improved gender inclusion in the sector.

The data shows the role of unincorporated enterprises in promoting inclusive economic participation and women’s employment generation.

Around 81% of establishments used the internet for entrepreneurial activities, indicating strong digital adoption.

About 81% of establishments also adopted cashless transactions, reflecting increased digital financial inclusion.

6) Answer:D

Short Explanation:

Karnataka Grameena Bank received the National Award from the Pension Fund Regulatory and Development Authority (PFRDA) for outstanding enrolment performance under the Atal Pension Yojana (APY).

The award was presented during the APY Annual Felicitation Programme held in New Delhi.

The award was received by Shreekant M Bhandiwad.

The award was presented by M Nagaraju and S Ramann.

Karnataka Grameena Bank enrolled 2,49,185 APY accounts against the target of 1,75,500 accounts set by DFS/PFRDA.

The bank achieved 142% of its APY target, the highest among all banks in Karnataka.

Detailed Explanation:

Karnataka Grameena Bank received the National Award from the Pension Fund Regulatory and Development Authority (PFRDA) for outstanding enrolment performance under the Atal Pension Yojana (APY).

The award was presented during the APY Annual Felicitation Programme held in New Delhi.

The award was received by Shreekant M Bhandiwad.

The award was presented by M Nagaraju and S Ramann.

Karnataka Grameena Bank enrolled 2,49,185 APY accounts against the target of 1,75,500 accounts set by DFS/PFRDA.

The bank achieved 142% of its APY target, the highest among all banks in Karnataka.

The Atal Pension Yojana (APY) was launched in May 2015 as a government-backed social security scheme.

APY is designed mainly for workers in the unorganised sector.

The scheme provides a guaranteed monthly pension ranging from ₹1,000 to ₹5,000 after the age of 60 years, depending on subscriber contributions.

The Government of India formed Karnataka Grameena Bank through the amalgamation of two Regional Rural Banks (RRBs) in the state.

 

7) Answer: D

Short Explanation:

India, China, and Japan have joined other World Trade Organization (WTO) members, including South Korea, Switzerland, Russia, and Brazil, in criticising the United Kingdom’s steel safeguard measures.

The UK steel safeguard measures include tariff-rate quotas and a 25% tariff on imports exceeding quota limits.

These measures were introduced in response to global steel overcapacity and the impact of the US Section 232 tariffs (2018).

Detailed Explanation:

India, China, and Japan have joined other World Trade Organization (WTO) members, including South Korea, Switzerland, Russia, and Brazil, in criticising the United Kingdom’s steel safeguard measures.

The UK steel safeguard measures include tariff-rate quotas and a 25% tariff on imports exceeding quota limits.

These measures were introduced in response to global steel overcapacity and the impact of the US Section 232 tariffs (2018).

A safeguard measure under WTO rules allows countries to temporarily restrict imports when domestic industries suffer serious injury due to import surges.

The United Kingdom applied safeguards to 15 categories of steel products, later extended based on recommendations from the Trade Remedies Authority.

The UK steel safeguard system originally followed the European Union’s trade response framework (2018).

Under the regime, imports within quota faced lower duties, while imports beyond quota attracted a 25% tariff.

8) Answer: B

Short Explanation:

Union Minister of State (Independent Charge) Dr. Jitendra Singh launched Phase-II of the Unique Methods of Management and Treatment of Inherited Disorders (UMMID) Programme.

The programme was launched under the Department of Biotechnology (DBT) of the Ministry of Science and Technology (MoS&T) at Prithvi Bhawan.

The programme focuses on the diagnosis, treatment, and management of Rare Genetic Disorders (RGDs).

Detailed Explanation:

Union Minister of State (Independent Charge) Dr. Jitendra Singh launched Phase-II of the Unique Methods of Management and Treatment of Inherited Disorders (UMMID) Programme.

The programme was launched under the Department of Biotechnology (DBT) of the Ministry of Science and Technology (MoS&T) at Prithvi Bhawan.

The programme focuses on the diagnosis, treatment, and management of Rare Genetic Disorders (RGDs).

Phase-II includes the establishment of National Inherited Diseases Administration (NIDAN) Kendras for advanced genetic diagnostics and counselling services.

The programme also includes clinician training, capacity-building, community outreach activities, and nationwide digital monitoring through the UMMID Dashboard.

Phase-II will establish 25 additional NIDAN Kendras across 13 States and 1 Union Territory (UT).

Three proposed training centres will be set up in Hyderabad, Bengaluru, and Chandigarh.

 

9) Answer: C

Short Explanation:

UNESCO (United Nations Educational, Scientific and Cultural Organization) and Fondation L’Oréal announced the five laureates of the “2026 L’Oréal-UNESCO For Women in Science International Awards”.

Liesl Zühlke received the Africa and Arab States Award for her cardiovascular research on childhood rheumatic heart disease.

Felice Jacka won the Asia and the Pacific Award for establishing the field of nutritional psychiatry and demonstrating the impact of diet on mental health.

Sarah A. Teichmann was named the European laureate for her work in single-cell biology and genomics.

Raquel Lia Chan received the Latin America and the Caribbean Award for developing drought-resistant crops through agricultural biotechnology.

Detailed Explanation:

UNESCO (United Nations Educational, Scientific and Cultural Organization) and Fondation L’Oréal announced the five laureates of the “2026 L’Oréal-UNESCO For Women in Science International Awards”.

The awards recognised outstanding contributions in life sciences and environmental sciences.

The 2026 edition received a record 504 nominations from 89 countries.

Liesl Zühlke received the Africa and Arab States Award for her cardiovascular research on childhood rheumatic heart disease.

Felice Jacka won the Asia and the Pacific Award for establishing the field of nutritional psychiatry and demonstrating the impact of diet on mental health.

Sarah A. Teichmann was named the European laureate for her work in single-cell biology and genomics.

Raquel Lia Chan received the Latin America and the Caribbean Award for developing drought-resistant crops through agricultural biotechnology.

Gordana Vunjak-Novakovic won the North America Award for pioneering work in tissue engineering and regenerative medicine, including ‘organs-on-a-chip’ technology.

The 28th edition of the programme marked the renewal of the partnership between UNESCO and Fondation L’Oréal for another six years.

 

10) Answer: B

Short Explanation:

South African President Cyril Ramaphosa conferred the country’s highest civilian honour, the Order of Mapungubwe, on Indian-origin scientists Professor Salim Abdool Karim and Professor Keertan Dheda.

The awards were presented during the National Orders ceremony held in Pretoria.

Professor Salim Abdool Karim received the Order of Mapungubwe (Gold) for his exceptional contributions to medical science, epidemiology, and public health.

Detailed Explanation:

South African President Cyril Ramaphosa conferred the country’s highest civilian honour, the Order of Mapungubwe, on Indian-origin scientists Professor Salim Abdool Karim and Professor Keertan Dheda.

The awards were presented during the National Orders ceremony held in Pretoria.

Professor Salim Abdool Karim received the Order of Mapungubwe (Gold) for his exceptional contributions to medical science, epidemiology, and public health.

He was honoured for his research on Human Immunodeficiency Virus (HIV), Acquired Immunodeficiency Syndrome (AIDS), and Tuberculosis (TB).

He was also recognised for his leadership and swift response during the COVID-19 pandemic, which supported South Africa’s early data-driven health response.

His work is noted for bridging laboratory research with community healthcare services.

 

11) Answer: E

The Appointments Committee of the Cabinet (ACC), chaired by Narendra Modi, extended the deputation tenure of Anurag Garg as Director General (DG) of the Narcotics Control Bureau (NCB) till 31 July 2027.

He succeeded Satya Narayan Pradhan, who served as DG of NCB from July 2021 to August 2024.

About Narcotics Control Bureau :

The Narcotics Control Bureau was established in 1986 under the Ministry of Home Affairs.

NCB functions as India’s apex anti-drug law enforcement and intelligence agency under the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985.

 

12) Answer: C

Short Explanation:

A Ring Gantry-based Linear Accelerator was commissioned at the Department of Radiation Oncology of Army Hospital (Research & Referral), Delhi on 25 May 2026.

The commissioning took place in the presence of Rajesh Kumar Singh, the Defence Secretary of India.

The advanced medical technology will strengthen cancer care services at Army Hospital (R&R) and improve access to advanced radiotherapy treatment.

The facility will benefit serving defence personnel, veterans, and their dependents by enhancing in-house treatment capacity.

Detailed Explanation:

A Ring Gantry-based Linear Accelerator was commissioned at the Department of Radiation Oncology of Army Hospital (Research & Referral), Delhi on 25 May 2026.

The commissioning took place in the presence of Rajesh Kumar Singh, the Defence Secretary of India.

The advanced medical technology will strengthen cancer care services at Army Hospital (R&R) and improve access to advanced radiotherapy treatment.

The facility will benefit serving defence personnel, veterans, and their dependents by enhancing in-house treatment capacity.

The Linear Accelerator supports advanced radiotherapy techniques such as Volumetric Modulated Arc Therapy (VMAT), Intensity-Modulated Radiation Therapy (IMRT), Image-Guided Radiation Therapy (IGRT), Stereotactic Body Radiation Therapy (SBRT), and Stereotactic Radiosurgery (SRS).

The technology enables precise radiation delivery to tumour sites while minimising exposure to surrounding healthy tissues.

The new system is expected to improve treatment outcomes, precision, and overall patient care.

 

13) Answer: B

Short Explanation:

India successfully conducted the test-firing of the Agni-1 Short-Range Ballistic Missile (SRBM) from the Integrated Test Range (ITR), Chandipur, Odisha.

The missile test was carried out under the supervision of the Strategic Forces Command (SFC).

The successful launch validated all the operational and technical parameters of the missile system.

Agni-1 is part of India’s Agni series of ballistic missiles developed for the country’s strategic deterrence capability.

Detailed Explanation:

India successfully conducted the test-firing of the Agni-1 Short-Range Ballistic Missile (SRBM) from the Integrated Test Range (ITR), Chandipur, Odisha.

The missile test was carried out under the supervision of the Strategic Forces Command (SFC).

The successful launch validated all the operational and technical parameters of the missile system.

Agni-1 is part of India’s Agni series of ballistic missiles developed for the country’s strategic deterrence capability.

The missile is capable of carrying both conventional and nuclear warheads.

Agni-1 is a single-stage, solid-fuelled, road-mobile Short-Range Ballistic Missile (SRBM).

The missile is equipped with a Transporter Erector Launcher (TEL) and also has rail-launch capability for rapid deployment.

The strike range of Agni-1 is approximately 700–900 kilometres (km) and can extend up to 1,200 km in some configurations.

The missile can carry a payload of up to 1,000 kilograms (kg).

Agni-1 strengthens India’s quick-reaction and high-precision strike capability under the policy of credible minimum deterrence.

 

14) Answer: A

Short Explanation:

The Department of Investment and Public Asset Management (DIPAM) announced that the Offer for Sale (OFS) of the Central Bank of India was oversubscribed 2.35 times on the first day.

The strong response to the OFS was mainly driven by institutional investor demand.

Following the oversubscription, the government decided to exercise the entire greenshoe option.

Detailed Explanation:

The Department of Investment and Public Asset Management (DIPAM) announced that the Offer for Sale (OFS) of the Central Bank of India was oversubscribed 2.35 times on the first day.

The strong response to the OFS was mainly driven by institutional investor demand.

Following the oversubscription, the government decided to exercise the entire greenshoe option.

With the greenshoe option, the total stake sale in the Central Bank of India increased from 4% to 8% of the bank’s equity.

If the complete 8% stake sale is fully subscribed, the government is expected to raise around ₹2,456 crore through the disinvestment exercise.

Institutional investors placed bids worth more than ₹2,380 crore during the first day of the OFS.

The retail bidding phase of the OFS was scheduled for 25 May.

About Central Bank of India :

Founded : 21 December 1911

Headquarters : Mumbai, Maharashtra, India

MD & CEO : Kalyan Kumar

 

15) Answer: D

Short Explanation:

Securities and Exchange Board of India, National Institute of Securities Markets, and Indian Institute of Corporate Affairs signed a Memorandum of Understanding to collaborate on corporate governance, Environmental Social and Governance initiatives, and capital market-related programmes.

The agreement was signed in Mumbai in the presence of Tuhin Kanta Pandey, Chairman of the Securities and Exchange Board of India.

The National Institute of Securities Markets was established by the Securities and Exchange Board of India, while the Indian Institute of Corporate Affairs functions under the Ministry of Corporate Affairs.

Detailed Explanation:

Securities and Exchange Board of India, National Institute of Securities Markets, and Indian Institute of Corporate Affairs signed a Memorandum of Understanding to collaborate on corporate governance, Environmental Social and Governance initiatives, and capital market-related programmes.

The agreement was signed in Mumbai in the presence of Tuhin Kanta Pandey, Chairman of the Securities and Exchange Board of India.

The National Institute of Securities Markets was established by the Securities and Exchange Board of India, while the Indian Institute of Corporate Affairs functions under the Ministry of Corporate Affairs.

The institutions will jointly develop certification courses, executive education programmes, and training modules related to securities markets and corporate governance.

The programmes will include training for officials from the Securities and Exchange Board of India and other financial sector and regulatory institutions.

Major focus areas include Environmental Social and Governance reporting, sustainability disclosures, and Business Responsibility and Sustainability Reporting.

16) Answer: D

Short Explanation:

The Government of Maharashtra signed Memorandums of Understanding (MoUs) with NTPC Limited, Adani Power Limited, Reliance Industries Limited, and Lalitpur Power Generation Company Limited in Mumbai.

The initiative aims to attract investments worth Rs 6.5 lakh crore for nuclear energy projects in the state.

The proposed projects are expected to generate a total power generation capacity of 25,400 Megawatts.

Detailed Explanation:

The Government of Maharashtra signed Memorandums of Understanding (MoUs) with NTPC Limited, Adani Power Limited, Reliance Industries Limited, and Lalitpur Power Generation Company Limited in Mumbai.

The initiative aims to attract investments worth Rs 6.5 lakh crore for nuclear energy projects in the state.

The proposed projects are expected to generate a total power generation capacity of 25,400 Megawatts.

The projects are aimed at strengthening Maharashtra’s long-term energy security, industrial growth, clean energy expansion, and decarbonisation efforts in line with net-zero energy systems.

Reliance Industries Limited will invest Rs 2 lakh crore to establish Bharat Small Reactors and Small Modular Reactors at Purnagad, Maharashtra, with a planned generation capacity of 7,200 Megawatts.

Adani Power Limited will invest Rs 1.5 lakh crore to develop a 6,000 Megawatt nuclear power project at Barsu, Maharashtra.

NTPC Limited will invest Rs 1 lakh crore to develop 7,200 Megawatts of nuclear power capacity in Maharashtra.

 

17) Answer: E

Short Explanation:

Indian sprinter Gurindervir Singh became the fastest Indian ever in the men’s 100-metre race after clocking 10.09 seconds at the Federation Cup in Ranchi.

With this performance, he became the first Indian athlete to enter the 10.0-second range in the men’s 100-metre event.

Detailed Explanation:

Indian sprinter Gurindervir Singh became the fastest Indian ever in the men’s 100-metre race after clocking 10.09 seconds at the Federation Cup in Ranchi.

With this performance, he became the first Indian athlete to enter the 10.0-second range in the men’s 100-metre event.

The final race was held at Birsa Munda Athletics Stadium.

A day before the final, Gurindervir Singh had clocked 10.17 seconds in the semifinals and briefly set a new national record.

Soon after, fellow Indian sprinter Animesh Kujur surpassed the mark with a timing of 10.15 seconds.

 

18) Answer: A

About Karnataka Grameena Bank :

Founded : May 1, 2025

Headquarters : Ballari, Karnataka, India

Chairman : Sri Shrikant M Bhandiwad

Owner : Government of India (50%), Government of Karnataka (15%), Canara Bank (35%)

The bank was formed by the amalgamation of Karnataka Gramin Bank and Karnataka Vikas Grameena Bank under The "One State, One RRB" policy of the government designed to improve operational efficiency.

It functions under Regional Rural Banks' Act 1976 and is sponsored by Canara Bank.

19) Answer: C

Short Explanation:

From July 2026, new UK steel import restrictions will significantly impact the India–UK Comprehensive Economic and Trade Agreement (CETA).

The revised UK regime will reduce tariff-free steel import quotas by nearly 60% and increase the penalty tariff to 50% beyond quota limits.

India’s exports of iron and steel products to the UK were approximately USD 893.4 million in 2025–26.

Detailed Explanation:

From July 2026, new UK steel import restrictions will significantly impact the India–UK Comprehensive Economic and Trade Agreement (CETA).

The revised UK regime will reduce tariff-free steel import quotas by nearly 60% and increase the penalty tariff to 50% beyond quota limits.

India’s exports of iron and steel products to the UK were approximately USD 893.4 million in 2025–26.

India and the UK are exploring a “unique and creative solution” to resolve the steel trade dispute, which was not part of the original CETA negotiations.

Steel products are among the most frequently involved in WTO trade remedy disputes, due to widespread use of quotas, tariffs, and anti-dumping measures across economies.

 

20) Answer: B

Union Minister of State (Independent Charge) Dr. Jitendra Singh launched Phase-II of the Unique Methods of Management and Treatment of Inherited Disorders (UMMID) Programme.

The UMMID Programme was first launched on 23 September 2019 as India’s first comprehensive national initiative to introduce molecular diagnostics for rare diseases.

The initiative aims to strengthen early detection, genetic counselling, and healthcare support for individuals affected by inherited genetic disorders.