Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2026 of 27th January 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.

 

Start Quiz

 

1) Who has been appointed as the chairperson of the SAARG(Strategic Asset Allocation and Risk Governance) committee constituted by PFRDA to review and modernize the investment framework under the National Pension System (NPS)?

(a) Ramesh Abhishek

(b) Uday Kotak

(c) Narayan Ramachandran

(d) Aditya Puri

(e) S. S. Mundra

2) What was the initial target fund-raise (in ₹ crore) for PhonePe’s IPO before it was revised to ₹12,000 crore?

(a) 8,000

(b) 9,000

(c) 10,000

(d) 11,000

(e) 15,000

3) Which Bengaluru-based payments infrastructure company became India’s first
homegrown unicorn of 2026 after raising USD 50 million in a Series D funding round?

(a) Juspay

(b) Paytm

(c) Razorpay

(d) PhonePe

(e) CRED

4) Which company has secured World Bank Group financing for the 1,125 MW Dorjilung Hydropower Project (DHPL) in Bhutan?

(a) NTPC

(b) Adani Power

(c) Tata Power

(d) Reliance Power

(e) NHPC

5) As of 2026, Hindustan Zinc Limited (HZL) has awarded contracts to develop India’s first zinc tailings recycling facility at which of its flagship mining sites?

(a) Zawar Mines

(b) Rampura Agucha Mines

(c) Chanderiya Mines

(d) Kayad Mines

(e) Dariba Mines

6) In 2026, ECINET, the digital platform launched by the Election Commission of India, has been developed in how many Indian languages along with English?

(a) 18

(b) 20

(c) 24

(d) 22

(e) 26

7) Who inaugurated the 86th All India Presiding Officers’ Conference (AIPOC 2026) held at the Uttar Pradesh Vidhan Sabha?

(a) Yogi Adityanath

(b) Narendra Modi

(c) Anandiben Patel

(d) Ram Nath Kovind

(e) Om Birla

8) Which two organisations signed an MoU to boost MSME participation and global outreach on the Government e-Marketplace (GeM) platform?

(a) GeM and NITI Aayog

(b) GeM and World Trade Centre (WTC)

(c) GeM and Ministry of Commerce

(d) GeM and FICCI

(e) GeM and CII

9) Which theme was showcased by the Indian Navy tableau during India’s 77th Republic Day parade in 2026?

(a) Strong Navy for a Strong Nation

(b) Maritime Security and Cooperation

(c) Naval Power for Global Peace

(d) From Tradition to Technology

(e) Blue Waters, Strong India

10) Which country officially finalised its withdrawal from the World Health Organization (WHO) in 2026, ending a 78-year membership?

(a) China

(b) United Kingdom

(c) United States

(d) Russia

(e) France

11) According to UNEP’s report “State of Finance for Nature 2026”, how much is spent globally on nature-negative activities for every USD 1 spent on protecting ecosystems?

(a) USD 10

(b) USD 20

(c) USD 25

(d) USD 30

(e) USD 100

12) Who was awarded the Ashok Chakra, India’s highest peacetime gallantry award, in 2026?

(a) Wing Commander Abhinandan Varthaman

(b) Colonel Avani Chaturvedi

(c) Captain Rakesh Sharma

(d) Major Tania Shergill

(e) Group Captain Shubhanshu Shukla

13) What was India’s ranking among 11 Asian countries in the Asia Manufacturing Index 2026?

(a) 4th

(b) 5th

(c) 6th

(d) 7th

(e) 8th

14) Which MSME shipyard has the Indian Navy contracted for building three 200-tonne bottom-opening non-propelled barges?

(a) Garden Reach Shipbuilders & Engineers

(b) M/s Suryadipta Projects Private Limited

(c) Cochin Shipyard Limited

(d) Mazagon Dock Shipbuilders Limited

(e) Hindustan Shipyard Limited

15) Who launched the AI-first edtech startup Fermi.ai, focusing on high-school STEM education?

(a) Peeyush Ranjan

(b) Satya Nadella

(c) Mukesh Bansal

(d) Byju Raveendran

(e) Kunal Bahl

16) What is the name of the humanoid robot introduced by Indian Railways at Visakhapatnam Railway Station to enhance passenger safety and service?

(a) ARYA

(b) VIKRAM

(c) ASC ARJUN

(d) RAILBOT

(e) PRAGATI

17) How old is Veronika, the Brown Swiss cow from Austria, identified as the first known cow to use tools?

(a) 10 years

(b) 11 years

(c) 12 years

(d) 13 years

(e) 14 years

18) The newly commissioned Kavach 4.0 on the Bajwa (Vadodara)–Ahmedabad section covers how many stations and kilometres?

(a) 15 stations, 90 km

(b) 16 stations, 92 km

(c) 20 stations, 110 km

(d) 18 stations, 100 km

(e) 17 stations, 96 km

19) As of 2026, LIC (Life Insurance Corporation of India) has reduced its shareholding in ICICI Bank to below 5%. To what percentage did LIC reduce its shareholding in ICICI Bank after selling 12.70 crore shares?

(a) 4.500%

(b) 4.600%

(c) 4.731%

(d) 4.800%

(e) 4.900%

20) On which date is International Holocaust Remembrance Day observed?

(a) 25 January

(b) 27 January

(c) 26 January

(d) 28 January

(e) 30 January

Answers :

1) Answer: C

Short Explanation:

The PFRDA has constituted a committee named SAARG (Strategic Asset Allocation and Risk Governance) to review, recommend, and modernize the investment framework under the National Pension System (NPS).

SAARG is chaired by Shri Narayan Ramachandran, former Country Head and CEO of Morgan Stanley India, and includes experts from capital markets, asset management, and securities law.

Detailed Explanation:

The PFRDA has constituted a committee named SAARG (Strategic Asset Allocation and Risk Governance) to review, recommend, and modernize the investment framework under the National Pension System (NPS).

SAARG will benchmark existing NPS investment guidelines with leading global pension systems and the evolving Indian investment ecosystem.

The committee aims to strengthen investment architecture, support long-term retirement wealth creation, enhance diversification, improve risk management practices, and expand subscriber choice.

The scope of SAARG includes examination of strategic asset allocation frameworks, asset class introduction and review, performance measurement, ALM (Asset–Liability Management) practices, valuation standards for alternative investments, portfolio stability, liquidity optimisation, governance, intermediary architecture, and sustainability integration.

SAARG is chaired by Shri Narayan Ramachandran, former Country Head and CEO of Morgan Stanley India, and includes experts from capital markets, asset management, and securities law.

2) Answer: C

Short Explanation:

PhonePe has received Securities and Exchange Board of India (SEBI) approval to launch its Initial Public Offering (IPO).

The company is targeting a fund-raise of ₹12,000 crore (updated from ₹10,000 crore), primarily through a pure Offer for Sale (OFS), with no fresh capital infusion.

Detailed Explanation:

PhonePe has received Securities and Exchange Board of India (SEBI) approval to launch its Initial Public Offering (IPO).

The company is targeting a fund-raise of ₹12,000 crore (updated from ₹10,000 crore), primarily through a pure Offer for Sale (OFS), with no fresh capital infusion.

PhonePe filed its Updated Draft Red Herring Prospectus (UDRHP) on January 21, 2026, following its confidential filing route opted in September 2025.

Existing investors including Walmart (9% stake sale), Tiger Global, and Microsoft are participating; notably, Tiger Global and Microsoft are expected to fully exit their holdings.

3) Answer: A

Short Explanation:

Juspay, a Bengaluru-based payments infrastructure company, has become India’s first homegrown unicorn of 2026 after raising USD 50 million in a Series D follow-on funding round led by WestBridge Capital.

The latest funding round has valued Juspay at approximately USD 1.2 billion, up from USD 900 million in its previous round, marking a major milestone in India’s digital payments ecosystem.

Detailed Explanation:

Juspay, a Bengaluru-based payments infrastructure company, has become India’s first homegrown unicorn of 2026 after raising USD 50 million in a Series D follow-on funding round led by WestBridge Capital.

The latest funding round has valued Juspay at approximately USD 1.2 billion, up from USD 900 million in its previous round, marking a major milestone in India’s digital payments ecosystem.

The funding round comprised a mix of primary and secondary transactions, with Avendus Capital acting as the financial advisor to the company.

The primary capital raised will be used for global expansion and further product development, while the secondary component provided partial liquidity to early investors and ESOP-holding employees, marking Juspay’s second liquidity event within one year.

4) Answer: C

Short Explanation:

Tata Power has secured World Bank Group financing for the 1,125 MW Dorjilung Hydropower Project (DHPL) in Bhutan, strengthening India–Bhutan cross-border clean energy cooperation.

Detailed Explanation:

Tata Power has secured World Bank Group financing for the 1,125 MW Dorjilung Hydropower Project (DHPL) in Bhutan, strengthening India–Bhutan cross-border clean energy cooperation.

Dorjilung Hydropower Project (DHPL) is a Special Purpose Vehicle (SPV) jointly owned by Druk Green Power Corporation (DGPC), Bhutan (60%) and Tata Power (40%), making it Bhutan’s largest hydropower project.

The World Bank Group sanctioned long-term financing of USD 815 million for the project, supporting its development under a Public-Private Partnership (PPP) model.

5) Answer: B

Short Explanation:

Hindustan Zinc Limited (HZL), a Vedanta Group company and one of the world’s largest integrated zinc producers, has awarded contracts to CIMIC Group companies Sedgman and Leighton Asia.

The contracts are for developing India’s first zinc tailings recycling facility at Rampura Agucha Mines (RAM) in Rajasthan, which is HZL’s flagship mining site.

Detailed Explanation:

Hindustan Zinc Limited (HZL), a Vedanta Group company and one of the world’s largest integrated zinc producers, has awarded contracts to CIMIC Group companies Sedgman and Leighton Asia.

The contracts are for developing India’s first zinc tailings recycling facility at Rampura Agucha Mines (RAM) in Rajasthan, which is HZL’s flagship mining site.

Tailings are finely ground remnants left after the mineral extraction process.

Although traditionally treated as waste, tailings often contain residual quantities of valuable metals that could not be recovered using earlier processing technologies.

6) Answer: D

Short Explanation:

The India International Conference on Democracy and Election Management is being held in New Delhi.

ECINET has been developed in all 22 Indian languages along with English, ensuring wider accessibility and inclusiveness.

Detailed Explanation:

The India International Conference on Democracy and Election Management is being held in New Delhi.

On the second day of the conference, Chief Election Commissioner (CEC) Gyanesh Kumar, along with Election Commissioners Dr Sukhbir Singh Sandhu and Dr Vivek Joshi, launched ECINET, a unified digital platform of the Election Commission of India.

ECINET integrates more than 40 applications and web services into a single platform.

The CEC stated that ECINET is a comprehensive digital platform aimed at facilitating citizen engagement and participation in the electoral process.

The platform connects citizens, candidates, political parties, and election officials, and provides all key election-related services on one platform.

ECINET has been developed in all 22 Indian languages along with English, ensuring wider accessibility and inclusiveness.

7) Answer: C

Short Explanation:

Anandiben Patel, Governor of Uttar Pradesh, inaugurated the 86th All India Presiding Officers’ Conference (AIPOC 2026) at the Uttar Pradesh Vidhan Sabha in Lucknow, Uttar Pradesh.

Detailed Explanation:

Anandiben Patel, Governor of Uttar Pradesh, inaugurated the 86th All India Presiding Officers’ Conference (AIPOC 2026) at the Uttar Pradesh Vidhan Sabha in Lucknow, Uttar Pradesh.

The conference was held from 19 January to 21 January 2026.

This was the fourth time Uttar Pradesh hosted AIPOC, earlier editions being held in 1961, 1985, and 2015.

The theme of AIPOC 2026 was “Strong Legislature–Prosperous Nation”.

8) Answer: B

Government e-Marketplace (GeM) and World Trade Centre (WTC) Mumbai have signed a Memorandum of Understanding (MoU) to boost outreach and strengthen MSME participation in public procurement.

The partnership aims to promote inclusive access for Micro, Small and Medium Enterprises (MSMEs), startups, women entrepreneurs, and small enterprises on the GeM platform.

9) Answer: A

Short Explanation:

India marked its 77th Republic Day on 26 January 2026 with a grand parade at Kartavya Path, New Delhi, showcasing military strength, cultural diversity, and diplomatic engagement.

The Indian Navy tableau, themed ‘Strong Navy for a Strong Nation’, showcased maritime evolution from a 5th century CE stitched ship to modern indigenous platforms like INS Vikrant and INS Udayagiri, highlighting continuity and modernisation.

A major highlight of the parade was Operation Sindoor, reflecting the operational preparedness, jointness, and valour of the Indian Armed Forces.

Detailed Explanation:

India marked its 77th Republic Day on 26 January 2026 with a grand parade at Kartavya Path, New Delhi, showcasing military strength, cultural diversity, and diplomatic engagement.

President Droupadi Murmu took the salute after arriving in a traditional buggy, accompanied by Antonio Costa and Ursula von der Leyen, highlighting an important diplomatic presence.

Prime Minister Narendra Modi, Defence Minister Rajnath Singh, Union Ministers, senior military officials, and foreign diplomats were present at the celebrations.

A major highlight of the parade was Operation Sindoor, reflecting the operational preparedness, jointness, and valour of the Indian Armed Forces.

The aerial display featured Dhruv Advanced Light Helicopters, Rudra armed helicopters, Apache AH-64E, and Prachand Light Combat Helicopters, demonstrating air combat and surveillance capabilities.

Mechanised columns included BMP-II Infantry Combat Vehicles and the Nag Missile System (Tracked) Mk-2, showcasing mobility, reconnaissance, and strike power.

The cultural segment featured around 100 artistes with the theme ‘Vividata Mein Ekta’ (Unity in Diversity).

Performances using traditional musical instruments and regional art forms reflected India’s rich cultural plurality.

The integration of culture with military displays reinforced the message that India’s strength lies in both heritage and modern capability.

For the first time outside Europe, a European Union military contingent participated, carrying flags of EU naval operations Atalanta and Aspides, symbolising strengthening India–EU security cooperation.

The Indian Navy tableau, themed ‘Strong Navy for a Strong Nation’, showcased maritime evolution from a 5th century CE stitched ship to modern indigenous platforms like INS Vikrant and INS Udayagiri, highlighting continuity and modernisation.

10) Answer: C

Short Explanation:

The United States (US) has officially finalised its withdrawal from the World Health Organization (WHO), one year after President Donald Trump announced the decision, ending America’s 78-year membership since WHO’s founding in 1948.

Despite the announcement, the withdrawal remains financially incomplete as the US owes over USD 130 million, with WHO officials stating unpaid 2024 and 2025 dues totalling about USD 278 million.

Detailed Explanation:

The United States (US) has officially finalised its withdrawal from the World Health Organization (WHO), one year after President Donald Trump announced the decision, ending America’s 78-year membership since WHO’s founding in 1948.

Despite the announcement, the withdrawal remains financially incomplete as the US owes over USD 130 million, with WHO officials stating unpaid 2024 and 2025 dues totalling about USD 278 million.

As per WHO bylaws, a country must give one-year advance notice and clear all outstanding dues before withdrawal becomes fully effective.

The Trump administration cited WHO’s mishandling of the COVID-19 pandemic, failure to implement urgent reforms, and alleged political bias and lack of independence, particularly regarding China’s role, as key reasons for exiting.

The United States previously contributed nearly 20% of WHO’s operational budget, making it the largest single contributor to the organisation.

11) Answer: D

Short Explanation:

The United Nations Environment Programme (UNEP) released the report “State of Finance for Nature 2026”, highlighting that global spending on nature destruction far exceeds investment in protection.

The report revealed that for every USD 1 spent on protecting ecosystems, USD 30 is spent on environmentally harmful activities.

Detailed Explanation:

The United Nations Environment Programme (UNEP) released the report “State of Finance for Nature 2026”, highlighting that global spending on nature destruction far exceeds investment in protection.

The report revealed that for every USD 1 spent on protecting ecosystems, USD 30 is spent on environmentally harmful activities.

In 2023, global spending on nature protection was USD 220 billion, whereas USD 7.3 trillion went into nature-negative activities such as pollution, biodiversity loss, and climate-damaging practices.

Most nature-negative spending comes from the private sector, which accounts for about 10% of investments in nature protection.

12) Answer: E

Short Explanation:

President Droupadi Murmu has approved gallantry and service awards for 70 Armed Forces personnel, recognising extraordinary courage, leadership, and devotion to duty across the Army, Navy, and Air Force.

Group Captain Shubhanshu Shukla has been conferred the Ashok Chakra, India’s highest peacetime gallantry award.

Detailed Explanation:

President Droupadi Murmu has approved gallantry and service awards for 70 Armed Forces personnel, recognising extraordinary courage, leadership, and devotion to duty across the Army, Navy, and Air Force.

A total of 301 military decorations and 98 Mentioned-in-Despatches have also been approved, highlighting operational excellence and distinguished service.

Group Captain Shubhanshu Shukla has been conferred the Ashok Chakra, India’s highest peacetime gallantry award.

He became the first Indian to visit the International Space Station, marking a historic milestone in India’s aerospace and defence-linked achievements.

13) Answer: C

Short Explanation:

India has been placed 6th among 11 Asian countries in the Asia Manufacturing Index 2026, showing moderate progress but also revealing gaps in manufacturing competitiveness.

India ranked sixth in the Asia Manufacturing Index 2026, highlighting intensifying competition in Asia and the need for faster and deeper manufacturing reforms.

Detailed Explanation:

India has been placed 6th among 11 Asian countries in the Asia Manufacturing Index 2026, showing moderate progress but also revealing gaps in manufacturing competitiveness.

India ranked sixth in the Asia Manufacturing Index 2026, highlighting intensifying competition in Asia and the need for faster and deeper manufacturing reforms.

The Asia Manufacturing Index (AMI) is an annual assessment released by Dezan Shira & Associates, a pan-Asian advisory firm headquartered in Hong Kong.

The index evaluates manufacturing competitiveness using eight key pillars: economy, political risk, business environment, international trade, tax policy, infrastructure, workforce, and innovation.

These pillars are further divided into 43 sub-parameters, providing a data-driven comparison of manufacturing readiness and long-term potential across Asia.

14) Answer: B

Short Explanation:

The Indian Navy signed a contract with M/s Suryadipta Projects Private Limited, a Thane-based MSME shipyard, for the construction and delivery of three 200-tonne bottom-opening non-propelled barges.

These barges are being built indigenously under the Classification Rules of the Indian Register of Shipping (IRS), reflecting India’s focus on Make in India and Aatmanirbhar Bharat initiatives.

Detailed Explanation:

The Indian Navy signed a contract with M/s Suryadipta Projects Private Limited, a Thane-based MSME shipyard, for the construction and delivery of three 200-tonne bottom-opening non-propelled barges.

These barges are being built indigenously under the Classification Rules of the Indian Register of Shipping (IRS), reflecting India’s focus on Make in India and Aatmanirbhar Bharat initiatives.

The barges will support transportation, embarkation, and disembarkation of ammunition for the Indian Navy across platforms, jetties, and anchorage points.

The contract demonstrates the Indian Navy’s commitment to boosting MSME shipyards and strengthening the domestic shipbuilding ecosystem in line with Maritime India Vision 2030.

15) Answer: A

Short Explanation:

Peeyush Ranjan, former executive of Google, Airbnb, and Flipkart, launched an AI-first edtech startup Fermi.ai to transform high-school STEM education with a focus on deep learning.

Detailed Explanation:

Peeyush Ranjan, former executive of Google, Airbnb, and Flipkart, launched an AI-first edtech startup Fermi.ai to transform high-school STEM education with a focus on deep learning.

Fermi.ai initially covers Mathematics, Physics, and Chemistry, aiming to reduce shortcut-driven AI learning by emphasising conceptual understanding, reasoning, and problem-solving over instant answers.

The startup is headquartered in Singapore and operates through subsidiaries in India and the United States, giving it a strong global footprint.

Fermi.ai emerged from the Meraki Labs ecosystem, where Peeyush Ranjan collaborates with Mukesh Bansal, co-founder of Myntra (Walmart-owned).

The platform promotes “productive struggle”, encouraging students to think independently rather than relying on quick AI-generated solutions.

16) Answer: C

Short Explanation:

Indian Railways has introduced a humanoid robot named “ASC ARJUN” at Visakhapatnam Railway Station to enhance passenger safety, security, and service delivery.

This is the first-of-its-kind initiative on the Indian Railways network, reflecting the organisation’s focus on adopting emerging technologies for public convenience and safety.

Detailed Explanation:

Indian Railways has introduced a humanoid robot named “ASC ARJUN” at Visakhapatnam Railway Station to enhance passenger safety, security, and service delivery.

This is the first-of-its-kind initiative on the Indian Railways network, reflecting the organisation’s focus on adopting emerging technologies for public convenience and safety.

ASC ARJUN will operate alongside Railway Protection Force (RPF) personnel, particularly during peak passenger movement, to support station operations.

The robot has been fully designed and developed indigenously in Visakhapatnam, with a dedicated team working for over a year, showcasing India’s technological self-reliance.

It is equipped with Face Recognition System (FRS) for intrusion detection, AI-based crowd monitoring, and generates real-time alerts to RPF control rooms for quick response.

17) Answer: D

Short Explanation:

Scientists have identified Veronika, a 13-year-old Brown Swiss cow from Austria, as the first known cow to use a tool, challenging assumptions about cattle intelligence.

Detailed Explanation:

Scientists have identified Veronika, a 13-year-old Brown Swiss cow from Austria, as the first known cow to use a tool, challenging assumptions about cattle intelligence.

Veronika was observed using sticks and brushes deliberately to scratch herself, demonstrating selection and manipulation of objects to reach specific body parts, qualifying as true tool use.

Unlike most cattle, Veronika is not raised for meat or milk, highlighting differences in animal environment and purpose.

18) Answer: E

Short Explanation:

Kavach 4.0 has been commissioned on Gujarat’s Bajwa (Vadodara)–Ahmedabad section (96 km), covering 17 stations with infrastructure including 23 towers, 20 Kavach buildings/huts, 192 km optical fibre cable, and 2,872 RFID tags.

Detailed Explanation:

Kavach 4.0 has been commissioned on Gujarat’s Bajwa (Vadodara)–Ahmedabad section (96 km), covering 17 stations with infrastructure including 23 towers, 20 Kavach buildings/huts, 192 km optical fibre cable, and 2,872 RFID tags.

The maiden Kavach-enabled train on this route was the Sankalp Fast Passenger (59549/59550), operated with WAP-7 locomotives and 11 LHB coaches.

Kavach 4.0 is designed to automatically mitigate safety risks, prevent Signal Passed at Danger (SPAD) incidents, enforce automatic speed control, and provide protection against head-on and rear-end collisions.

Additional safety features include an SOS facility and automatic whistling at level crossing gates.

Kavach has so far been implemented on more than 2,200 route kilometres across India.

19) Answer: C

Short Explanation:

LIC (Life Insurance Corporation of India) has reduced its shareholding in ICICI Bank to below 5% after a series of market transactions.

LIC sold 12.70 crore shares of ICICI Bank through open market sales, lowering its stake from 6.737% to 4.731%.

Detailed Explanation:

LIC (Life Insurance Corporation of India) has reduced its shareholding in ICICI Bank to below 5% after a series of market transactions.

LIC sold 12.70 crore shares of ICICI Bank through open market sales, lowering its stake from 6.737% to 4.731%.

By reducing its stake below 5%, LIC is no longer required to make certain regulatory disclosures applicable to large shareholders.

LIC clarified that it is not part of the promoter or promoter group of ICICI Bank, reaffirming its role as a financial investor.

20) Answer: B

• International Holocaust Remembrance Day 2026 is observed every year on 27th January.
• The United Nations General Assembly (UNGA) adopted Resolution 60/7 on 1st November 2005, officially designating 27th January as International Holocaust Remembrance Day.