Daily Current Affairs Quiz - 27th February 2026

Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2026 of 27th 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) Which bank appointed Rajan Bajaj as its new Managing Director (MD) and Chief Executive Officer (CEO) in 2026?

(a) North East Small Finance Bank

(b) HDFC Bank

(c) Slice Small Finance Bank

(d) ICICI Bank

(e) Axis Bank

2) Which financial institution signed a senior secured debt financing package of up to USD 108 million with Aavas Financiers Limited to expand affordable housing and MSME lending in India?

(a) World Bank

(b) Asian Development Bank (ADB)

(c) International Monetary Fund (IMF)

(d) Reserve Bank of India (RBI)

(e) Asian Infrastructure Investment Bank (AIIB)


3) Who launched the Blockchain India Challenge in New Delhi to promote blockchain-based digital governance solutions?

(a) Ajay Prakash Sawhney

(b) Rajeev Chandrasekhar

(c) Nandan Nilekani

(d) S. Krishnan

(e) K. Rajaraman

4) Which of the following initiatives was launched during Employees' State Insurance Corporation (ESIC) 75th Foundation Year celebrations to expand healthcare outreach for beneficiaries?

(a) Swasthya Rath Initiative

(b) Digital India Health Program

(c) National Health Outreach Scheme

(d) SEWA Health Campaign

(e) Ayushman Bharat Mission


5) Who presided over the 7th All India Conference of Government Railway Police (GRP) Chiefs, aimed at strengthening the security of railway passengers and infrastructure across India?

(a) Satish Kumar

(b) Nitin Gadkari

(c) Ajay Kumar

(d) R.K. Singh

(e) Sonali Mishra

6) Which company collaborated with the Uttar Pradesh government to establish the AI GovTech Innovation Centre in Lucknow to design and scale AI-based solutions for governance and public service delivery?

(a) Microsoft

(b) Infosys

(c) IBM

(d) TCS

(e) Wipro


7) The Government of Delhi launched a scheme to encourage citizens to help seriously injured road accident victims, offering a cash reward of ₹25,000 and a certificate of appreciation for assisting victims within the golden hour. What is the name of this scheme?

(a) Suraksha Mitra Scheme

(b) Rah-Veer Scheme

(c) Golden Hour Initiative

(d) Road Safety Reward Program

(e) Jeevan Rakshak Scheme

8) Which event, organised by the Ministry of Ayush in collaboration with the All India Ayurvedic Congress, will be held from 25–28 February 2026 at Shegaon, Buldhana district, to expand access to Ayush-based preventive and promotive healthcare?

(a) Ayush Health Summit 2026

(b) Yog & Wellness Expo 2026

(c) Ayurveda Mahotsav 2026

(d) National Arogya Fair 2026

(e) Traditional Medicine Week 2026

9) The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved the Minimum Support Price (MSP) of ₹5,925 per quintal for which commodity for the Marketing Season 2026–27, ensuring a return of 61.8% over the all-India weighted average cost of production?

(a) Wheat

(b) Sugarcane

(c) Paddy

(d) Cotton

(e) Raw Jute (TD-3 grade)

10) Which country has imposed a complete ban on poultry meat and table egg imports from 40 countries, including India and Bangladesh, due to concerns over Highly Pathogenic Avian Influenza (HPAI) and Newcastle disease?

(a) United Arab Emirates

(b) Saudi Arabia

(c) Qatar

(d) Oman

(e) Kuwait

11) Which country commenced the first round of Free Trade Agreement (FTA) negotiations with India in New Delhi from 23–26 February 2026?

(a) United States

(b) Japan

(c) United Kingdom

(d) Israel

(e) Germany

12) Who has been appointed as the new Chief Executive Officer (CEO) of Hindustan Oil Exploration Company (HOEC) with effect from 1 April 2026 as part of the company’s structured succession planning?

(a) Baroruchi Mishra

(b) Satish Kumar

(c) Rajan Bajaj

(d) Ajay Kumar

(e) Sonali Mishra

13) Which 3,400-kilometre expedition, flagged in by Chief of the Army Staff General Upendra Dwivedi at the National War Memorial, aimed to honour India’s war heroes, preserve military heritage, and highlight border infrastructure development across Gujarat and Rajasthan?

(a) Suraksha Yatra

(b) Bharat RanBhoomi Darshan Expedition

(c) Veer Chakra Mission

(d) Thar Border Expedition

(e) National Defence March

14) The 7th edition of which India–Japan annual bilateral military exercise commenced at Chaubattia, Uttarakhand from 24 February to 9 March 2026, with participation from the Indian Army and Japan Ground Self-Defense Force (JGSDF)?

(a) Dharma Guardian

(b) Shakti Warrior

(c) Rising Sun Exercise

(d) Yudh Abhyas

(e) Samurai Shield

15) Which high-tempo joint maritime exercise was conducted by the Southern Air Command of the Indian Air Force (IAF) in the Lakshadweep and Minicoy archipelago to validate rapid force projection and precision strike capabilities?

(a) Kalari Leap

(b) Garuda Shakti

(c) Sea Vigil

(d) Sea Dragon

(e) Exercise Malabar

16) In 2026, World NGO Day, which celebrates the work of non-governmental organizations (NGOs), is observed on which date?

(a) 24th February

(b) 25th February

(c) 26th February

(d) 27th February

(e) 28th February

17) In which year did Slice merge with North East Small Finance Bank, transforming into a fully regulated Small Finance Bank?

(a) 2022

(b) 2023

(c) 2021

(d) 2025

(e) 2024

 

18) The Employees' State Insurance Corporation (ESIC) will observe a Special Services Fortnight across its offices and hospitals nationwide during which period in 2026?

(a) 20 February – 5 March

(b) 24 February – 10 March

(c) 1 March – 15 March

(d) 15 February – 1 March

(e) 10 February – 24 February

 

19) The Delhi Government’s ‘Rah-Veer’ Scheme, which encourages citizens to help seriously injured road accident victims, provides legal safeguards under which law that includes Good Samaritan provisions?

(a) Motor Vehicles (Amendment) Act, 2019

(b) Road Safety Act, 2018

(c) Public Safety Act, 2020

(d) National Transport Act, 2017

(e) Traffic Regulations Act, 2016

 

20) The Asian Development Bank (ADB), a regional development bank promoting social and economic development in Asia, is headquartered in which city?

(a) Manila, Philippines

(b) Mandaluyong, Philippines

(c) Quezon City, Philippines

(d) Cebu, Philippines

(e) Davao, Philippines


Answers:

1) Answer: C

Short Explanation:

Slice Small Finance Bank has appointed its founder Rajan Bajaj as the new Managing Director (MD) and Chief Executive Officer (CEO).

The appointment has been approved by the Board of Directors, shareholders, and the Reserve Bank of India (RBI).

Detailed Explanation:

Slice Small Finance Bank has appointed its founder Rajan Bajaj as the new Managing Director (MD) and Chief Executive Officer (CEO).

The appointment has been approved by the Board of Directors, shareholders, and the Reserve Bank of India (RBI).

Rajan Bajaj founded Slice in 2016 as a Bengaluru-based fintech startup focused on credit and payment solutions for young and underserved customers.

In 2024, Slice merged with North East Small Finance Bank, transforming into a fully regulated Small Finance Bank. He earlier served as Executive Director post-merger and now succeeds Satish Kumar Kalra as MD & CEO.

The bank has raised over USD 250 million from global investors including Tiger Global, Insight Partners, and Advent International.

2) Answer: B

Short Explanation:

Asian Development Bank (ADB) signed a senior secured debt financing package of up to USD 108 million (about ₹983 crore) with Aavas Financiers Limited.

The objective of the financing is to expand affordable housing loans and Micro, Small and Medium Enterprises (MSME) lending in underserved states across India.

Detailed Explanation:

Asian Development Bank (ADB) signed a senior secured debt financing package of up to USD 108 million (about ₹983 crore) with Aavas Financiers Limited.

The objective of the financing is to expand affordable housing loans and Micro, Small and Medium Enterprises (MSME) lending in underserved states across India.

The funding will support housing loans for self-built homes and green-certified houses, promoting climate-resilient and energy-efficient housing solutions for lower-middle-income borrowers.

The financing will also provide business loans to MSMEs, thereby improving access to credit in regions with limited formal financial penetration.

The package includes USD 8 million in concessional debt financing through the Canadian Climate and Nature Fund for the Private Sector in Asia (CANPA), administered by ADB.

3) Answer: D

Short Explanation:

The Ministry of Electronics and Information Technology (MeitY) launched the Blockchain India Challenge in New Delhi to promote blockchain-based digital governance solutions.

The initiative was launched by Shri S. Krishnan, Secretary, MeitY, in the presence of senior officials from MeitY and the Centre for Development of Advanced Computing (C-DAC).

Detailed Explanation:

The Ministry of Electronics and Information Technology (MeitY) launched the Blockchain India Challenge in New Delhi to promote blockchain-based digital governance solutions.

The initiative was launched by Shri S. Krishnan, Secretary, MeitY, in the presence of senior officials from MeitY and the Centre for Development of Advanced Computing (C-DAC).

The objective of the challenge is to encourage Indian startups to develop permissioned blockchain-based solutions for government use cases.

The focus areas of the challenge include:
Regulatory control
Security and trust
Auditability
Tamper-proof records
Single source of truth across systems

4) Answer: A

Short Explanation:

The Employees' State Insurance Corporation (ESIC) commenced its 75th Foundation Year celebrations at Bharat Mandapam, marking over seven decades of service to workers and their families across India.

A Commemorative Coin (ESIC@75) and a coffee table book highlighting ESIC’s legacy and achievements were released during the event.

The Swasthya Rath Initiative was launched to expand outreach and bring healthcare services closer to beneficiaries.

Detailed Explanation:

The Employees' State Insurance Corporation (ESIC) commenced its 75th Foundation Year celebrations at Bharat Mandapam, marking over seven decades of service to workers and their families across India.

The event was addressed by Mansukh Mandaviya, Union Minister for Labour & Employment and Youth Affairs & Sports, who highlighted ESIC’s journey as a model of growth, reform and national service.

ESIC was established in 1952 with around 1.2 lakh beneficiaries and a single dispensary.

At present, ESIC serves over 15 crore beneficiaries through:
166 hospitals
17 medical colleges
Nearly 1,600 dispensaries

The Minister emphasized that ESIC has emerged as a key pillar of India’s social security system.

A Commemorative Coin (ESIC@75) and a coffee table book highlighting ESIC’s legacy and achievements were released during the event.

The Swasthya Rath Initiative was launched to expand outreach and bring healthcare services closer to beneficiaries.


5) Answer: E

The 7th All India Conference of Government Railway Police (GRP) Chiefs was convened by the Railway Protection Force and successfully concluded at Vigyan Bhawan.

The conference was presided over by Sonali Mishra, Director General of RPF, and attended by Directors General of Police (DGPs), Additional Directors General of Police (ADGPs), and senior GRP officers from various States and Union Territories.

Satish Kumar, Chairman-cum-Chief Executive Officer of the Railway Board, along with Members of the Railway Board, also participated in the conference.

The primary objective of the conference was to develop a coordinated action plan to strengthen the security of railway passengers and railway infrastructure across India.


6) Answer: C

Short Explanation:

Uttar Pradesh Chief Minister Yogi Adityanath inaugurated IBM’s AI GovTech Innovation Centre in Lucknow to strengthen technology-driven governance in the state.

The Centre has been established in collaboration with IBM to design and scale AI-based solutions aimed at improving governance, transparency, and public service delivery.

Detailed Explanation:

Uttar Pradesh Chief Minister Yogi Adityanath inaugurated IBM’s AI GovTech Innovation Centre in Lucknow to strengthen technology-driven governance in the state.

The Centre has been established in collaboration with IBM to design and scale AI-based solutions aimed at improving governance, transparency, and public service delivery.

The Chief Minister stated that the initiative will help Uttar Pradesh emerge as a leader in Artificial Intelligence (AI), Deep Tech, and Quantum Computing.

Uttar Pradesh is advancing rapidly in the fields of:
Artificial Intelligence (AI)
Robotics
Drone Technology
Medical Technology (MedTech)
Quantum Computing

7) Answer: B

Short Explanation:

The Government of Delhi has decided to implement the Centre’s ‘Rah-Veer’ Scheme in the national capital to encourage citizens to help seriously injured road accident victims.

Detailed Explanation:

The Government of Delhi has decided to implement the Centre’s ‘Rah-Veer’ Scheme in the national capital to encourage citizens to help seriously injured road accident victims.

Chief Minister Rekha Gupta announced that individuals assisting accident victims to receive timely medical care will be rewarded.

Reward: ₹25,000 cash incentive along with a certificate of appreciation for helping a seriously injured victim reach the hospital within the golden hour.

Maximum Reward: ₹25,000 per accident, even if multiple victims are saved.

National Recognition: 10 outstanding Rah-Veers will receive a national award of ₹1 lakh annually.

8) Answer: D

Short Explanation:

The Ministry of Ayush, Government of India, in collaboration with the All India Ayurvedic Congress, will organise the National Arogya Fair 2026 from 25–28 February 2026 at Shegaon, Buldhana district.

The event will be inaugurated by President Droupadi Murmu on 25 February 2026 at Visava Maidan, Sant Gajanan Maharaj Sansthan, Shegaon.

Detailed Explanation:

The Ministry of Ayush, Government of India, in collaboration with the All India Ayurvedic Congress, will organise the National Arogya Fair 2026 from 25–28 February 2026 at Shegaon, Buldhana district.

The event will be inaugurated by President Droupadi Murmu on 25 February 2026 at Visava Maidan, Sant Gajanan Maharaj Sansthan, Shegaon.

The programme will also be attended by the Governor of Maharashtra and Union Minister of Ayush Prataprao Jadhav.

Objective: To expand access to Ayush-based preventive and promotive healthcare and enhance public awareness about traditional systems of medicine.

Visitors will receive free consultations, health check-ups, and free medicines under various Ayush systems including Ayurveda, Yoga & Naturopathy, Unani, Siddha, Sowa-Rigpa, and Homoeopathy.


9) Answer: E

Short Explanation:

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved the Minimum Support Price (MSP) for Raw Jute for the Marketing Season 2026–27.

The MSP of Raw Jute (TD-3 grade) has been fixed at ₹5,925 per quintal for the 2026–27 season.

Detailed Explanation:

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved the Minimum Support Price (MSP) for Raw Jute for the Marketing Season 2026–27.

The MSP of Raw Jute (TD-3 grade) has been fixed at ₹5,925 per quintal for the 2026–27 season.

The approved MSP ensures a return of 61.8 percent over the all-India weighted average cost of production, in line with the Union Government’s 2018–19 Budget principle of fixing MSP at at least 1.5 times the cost of production.

The MSP has been increased by ₹275 per quintal compared to the Marketing Season 2025–26.

Since 2014–15, the MSP for raw jute has increased from ₹2,400 per quintal to ₹5,925 per quintal, marking a rise of ₹3,525 per quintal, which is about 2.5 times the earlier level.

10) Answer: B

Short Explanation:

Saudi Arabia has imposed a complete ban on poultry meat and table egg imports from 40 countries, including India and Bangladesh, to safeguard public health.

The decision was taken by the Saudi Food and Drug Authority (SFDA) following global epidemiological updates and concerns over Highly Pathogenic Avian Influenza (HPAI) and Newcastle disease.

Detailed Explanation:

Saudi Arabia has imposed a complete ban on poultry meat and table egg imports from 40 countries, including India and Bangladesh, to safeguard public health.

The decision was taken by the Saudi Food and Drug Authority (SFDA) following global epidemiological updates and concerns over Highly Pathogenic Avian Influenza (HPAI) and Newcastle disease.

The ban applies to poultry meat and table eggs, and is part of Saudi Arabia’s ongoing food safety monitoring mechanism.

Apart from the full ban on 40 countries, partial restrictions have been imposed on 16 countries, limited to specific outbreak-affected regions.


11) Answer: D

Short Explanation:

India and Israel officially commenced the first round of negotiations for a proposed Free Trade Agreement (FTA) in New Delhi from 23 to 26 February 2026.

Detailed Explanation:

India and Israel officially commenced the first round of negotiations for a proposed Free Trade Agreement (FTA) in New Delhi from 23 to 26 February 2026.

The Terms of Reference (ToR) for the negotiations were signed in November 2025, establishing a structured framework to strengthen bilateral trade and economic cooperation.

Total merchandise trade between India and Israel stood at USD 3.62 billion in Financial Year 2024–25, reflecting steady economic engagement between the two countries.

12) Answer: A

Short Explanation:

Hindustan Oil Exploration Company (HOEC) has approved a Chief Executive Officer transition, appointing Baroruchi Mishra as the new Chief Executive Officer (CEO) with effect from 1 April 2026.

The decision was cleared by the Board of Directors as part of the company’s structured succession planning and strategic roadmap.

Detailed Explanation:

Hindustan Oil Exploration Company (HOEC) has approved a Chief Executive Officer transition, appointing Baroruchi Mishra as the new Chief Executive Officer (CEO) with effect from 1 April 2026.

The decision was cleared by the Board of Directors as part of the company’s structured succession planning and strategic roadmap.

The leadership transition signals a strategic shift aimed at strengthening oil and gas exploration operations, production efficiency, and long-term growth plans.

Baroruchi Mishra is a senior executive within HOEC’s leadership structure, with extensive experience in the upstream oil and gas sector, including operational management and strategic planning.


13) Answer: B

Short Explanation:

Chief of the Army Staff General Upendra Dwivedi flagged in the Bharat RanBhoomi Darshan Expedition at the National War Memorial, in the presence of senior civil and defence dignitaries.

The 3,400-kilometre expedition began from Dwarka, Gujarat, and covered key battlefields and border areas across Gujarat and Rajasthan before concluding in New Delhi.

Detailed Explanation:

Chief of the Army Staff General Upendra Dwivedi flagged in the Bharat RanBhoomi Darshan Expedition at the National War Memorial, in the presence of senior civil and defence dignitaries.

The 3,400-kilometre expedition began from Dwarka, Gujarat, and covered key battlefields and border areas across Gujarat and Rajasthan before concluding in New Delhi.

The initiative was led by the Regiment of Artillery and aimed to honour India’s war heroes, preserve military heritage, highlight border infrastructure development, and promote national integration.

The route covered strategically significant locations including Bhuj, Rann of Kutch, Munabao, Longewala, Jaisalmer, Bikaner, and Ambala, traversing remote desert terrain in the Rann of Kutch and the Thar Desert.

The 35-member contingent included personnel from the Regiment of Artillery, the Indian Navy, and the Border Security Force, reflecting joint cooperation among multiple security forces.

14) Answer: A

Short Explanation:

The 7th edition of the India–Japan Joint Military Exercise ‘Dharma Guardian’ commenced at the Foreign Training Node, Chaubattia, Uttarakhand and is being conducted from 24 February to 9 March 2026.

Detailed Explanation:

The 7th edition of the India–Japan Joint Military Exercise ‘Dharma Guardian’ commenced at the Foreign Training Node, Chaubattia, Uttarakhand and is being conducted from 24 February to 9 March 2026.

It is an annual bilateral military exercise between the Indian Army and the Japan Ground Self-Defense Force (JGSDF), held alternately in India and Japan.

Participation: Both countries have deployed a 120-member contingent. The Japanese side is represented by troops from the 32nd Infantry Regiment, while the Indian contingent is drawn from the Ladakh Scouts.


15) Answer: A

Short Explanation:

The Southern Air Command of the Indian Air Force (IAF) successfully conducted a high-tempo joint maritime exercise named Kalari Leap in the Lakshadweep and Minicoy archipelago.

Detailed Explanation:

The Southern Air Command of the Indian Air Force (IAF) successfully conducted a high-tempo joint maritime exercise named Kalari Leap in the Lakshadweep and Minicoy archipelago.

The exercise aimed to validate rapid force projection capability, joint operational planning, and precision strikes in complex maritime conditions.

The drill tested the IAF’s ability to respond swiftly to emerging maritime threats in the Arabian Sea region, particularly in strategically sensitive island territories.

The location is strategically significant due to its proximity to major international shipping routes, enhancing India’s maritime security and surveillance capability.

16) Answer: D

World NGO Day 2026 is observed on the 27th of February 2026

N.G.O. is an acronym for non-governmental organization.

World NGO Day was originally founded in 2009 by Marcis Liors Skadmanis, a social entrepreneur.

However, it was observed for the first time on February 27, 2014.

17) Answer: E

Short Explanation:

In 2024, Slice merged with North East Small Finance Bank, transforming into a fully regulated Small Finance Bank. He earlier served as Executive Director post-merger and now succeeds Satish Kumar Kalra as MD & CEO.

Detailed Explanation:

In 2024, Slice merged with North East Small Finance Bank, transforming into a fully regulated Small Finance Bank. He earlier served as Executive Director post-merger and now succeeds Satish Kumar Kalra as MD & CEO.

The bank has raised over USD 250 million from global investors including Tiger Global, Insight Partners, and Advent International.

Slice SFB offers digital-first banking products such as savings accounts with daily interest credits, fixed deposits, UPI services, borrowing solutions, and India’s first UPI-led bank branch.

18) Answer: B

Short Explanation:

ESIC will observe a Special Services Fortnight from 24 February to 10 March 2026 across its offices and hospitals nationwide.

Activities during the fortnight include:
– Health check-up camps
– Hygiene and awareness drives
– Yoga and AYUSH sessions
– Grievance redressal drives
– Settlement of pending claims

Detailed Explanation:

ESIC will observe a Special Services Fortnight from 24 February to 10 March 2026 across its offices and hospitals nationwide.

Activities during the fortnight include:
– Health check-up camps
– Hygiene and awareness drives
– Yoga and AYUSH sessions
– Grievance redressal drives
– Settlement of pending claims

Established under the Employees’ State Insurance Act, ESIC provides medical care and financial protection in cases of:
– Sickness
– Maternity
– Disability
– Employment injury
– Unemployment

The 75th Foundation Year celebrations reaffirm ESIC’s commitment to building a healthy, secure and productive workforce in line with the vision of Viksit Bharat.

19) Answer: A

The Government of Delhi has decided to implement the Centre’s ‘Rah-Veer’ Scheme in the national capital to encourage citizens to help seriously injured road accident victims.

Legal Protection: The scheme provides safeguards under the Motor Vehicles (Amendment) Act, 2019, which includes Good Samaritan provisions protecting helpers from legal harassment.


20) Answer: B

The Asian Development Bank is a regional development bank to promote social and economic development in Asia. The bank is headquartered in the city of Mandaluyong, in Metro Manila, Philippines, and maintains 31 field offices around the world.

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