Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2026 of  27th June  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, under the RBI's Responsible Business Conduct Third Amendment Directions, 2026, what is the compensation payable to an eligible bona fide individual victim of a fraudulent Electronic Banking Transaction (EBT) involving a loss of up to ₹50,000?

(a) 100% of the net loss without any upper limit

(b) 85% of the net loss or ₹25,000, whichever is lower

(c) 75% of the net loss or ₹50,000, whichever is lower

(d) 90% of the net loss or ₹30,000, whichever is lower

(e) Fixed compensation of ₹50,000

2) In 2026, under the revised Scale-Based Regulatory (SBR) Framework, an NBFC will be automatically classified as an NBFC-Upper Layer (NBFC-UL) if it has an asset size of at least:

(a) ₹50,000 crore

(b) ₹75,000 crore

(c) ₹1,00,000 crore

(d) ₹1,50,000 crore

(e) ₹2,00,000 crore

 

3) In 2026, Skydo became the first Indian cross-border payments company to receive overseas regulatory approval after securing an international payment license under which country's Retail Payment Activities Act (RPAA)?

(a) Canada

(b) Singapore

(c) Australia

(d) United Kingdom

(e) United States

 

4) In 2026, according to S&P Global Ratings' Economic Outlook Asia-Pacific Q3 2026 report, what is the revised GDP growth forecast for India for FY2026–27 (FY27)?

(a) 6.2%

(b) 6.6%

(c) 6.4%

(d) 6.8%

(e) 7.0%

 

5) In 2026, consider the following statements regarding the Revised Budget 2026–27 of Kerala:

1. The Fiscal Deficit is estimated at 3.46% of Gross State Domestic Product (GSDP) for FY2026–27.
2. Mission Samudra has been allocated ₹400 crore to integrate the state's coastline, ports, and inland waterways.
3. The Oommen Chandy Health Insurance Scheme provides health insurance coverage of up to ₹10 lakh per family.

Which of the statements given above is/are correct?

(a) 1 and 2 only

(b) 2 and 3 only

(c) 1 and 3 only

(d) All are correct

(e) 2 only

 

6) In 2026, Garden Reach Shipbuilders and Engineers (GRSE) Limited was upgraded to Navratna status. It became the ____ Navratna Central Public Sector Enterprise (CPSE) in India.

(a) 25th

(b) 27th

(c) 28th

(d) 29th

(e) 30th

 

7) In 2026, the Defence Security Cooperation Agency (DSCA) of the United States proposed a Foreign Military Sales (FMS) package worth approximately how much for sustainment support of India's AH-64E Apache Attack Helicopters and M777A2 Ultra-Light Howitzers?

(a) USD 382.2 million

(b) USD 432.2 million

(c) USD 482.2 million

(d) USD 520.0 million

(e) USD 582.2 million

 

8) Who administered the oath/affirmation to the 10 newly elected/re-elected Members of the Rajya Sabha in 2026?

(a) Jagdeep Dhankhar

(b) Om Birla

(c) Harivansh Narayan Singh

(d) Arjun Ram Meghwal

(e) C. P. Radhakrishnan

9) In news, the Defence Research and Development Organisation (DRDO) handed over the Final Operational Clearance (FOC) certificate of which indigenously developed system to the Indian Air Force (IAF) in 2026?

(a) Akash-NG Air Defence System

(b) Netra Airborne Early Warning and Control (AEW&C) System

(c) Astra Mk-II Missile System

(d) Arudhra Medium Power Radar

(e) QRSAM Air Defence System

 

10) Which company is constructing the six Next Generation Offshore Patrol Vessels (NGOPVs) for the Indian Coast Guard (ICG) under a contract signed in December 2023?

(a) Cochin Shipyard Limited (CSL)

(b) Garden Reach Shipbuilders & Engineers (GRSE)

(c) Goa Shipyard Limited (GSL)

(d) Mazagon Dock Shipbuilders Limited (MDL)

(e) Hindustan Shipyard Limited (HSL)

11) As per the news, the IndiaAI Fellowship 2025–26, awarded by the Ministry of Electronics and Information Technology (MeitY), provides financial assistance of how much to each selected recipient for research and innovation projects?

(a) ₹50,000

(b) ₹75,000

(c) ₹1 lakh

(d) ₹2 lakh

(e) ₹5 lakh

 

12) As of 2026, Himachal Pradesh Government signed implementation agreements for 19 hydropower projects with a combined power generation capacity of _______ MW.

(a) 150 MW

(b) 278 MW

(c) 288 MW

(d) 336 MW

(e) 500 MW

13) In news, Safran Electronics & Defence signed a Memorandum of Understanding (MoU) with which Indian company to develop Geospatial Intelligence (GEOINT) solutions for the Indian market?

(a) Pixxel Space Technologies

(b) SatSure Analytics India Private Limited

(c) Digantara Research and Technologies

(d) Skyroot Aerospace

(e) Bellatrix Aerospace

 

14) In news, the National Highways Authority of India (NHAI) signed an MoU with which organisation to establish India's first permanent and independent research centre dedicated to the economics of transportation, mobility, and logistics?

(a) NITI Aayog

(b) Indian Institute of Technology (IIT) Delhi

(c) National Institute of Public Finance and Policy (NIPFP)

(d) Indian Institute of Management (IIM) Ahmedabad

(e) National Council of Applied Economic Research (NCAER)

 

15) As per the news, the Comptroller and Auditor General (CAG) of India signed an MoU with the Supreme Audit Institution (SAI) of which country to strengthen cooperation in public sector auditing?

(a) Israel

(b) Germany

(c) France

(d) Japan

(e) United Kingdom

 

16) According to the Hurun India 500 Report 2026, which company emerged as the highest wealth creator over the last five years?

(a) Reliance Industries Limited

(b) HDFC Bank Limited

(c) ICICI Bank Limited

(d) Tata Consultancy Services (TCS)

(e) Bharti Airtel Limited

 

17) As of 2026, Scientists from the Ashoka Trust for Research in Ecology and the Environment (ATREE) discovered two new microscopic snail species in the limestone caves of which Indian state?

(a) Assam

(b) Meghalaya

(c) Nagaland

(d) Mizoram

(e) Arunachal Pradesh

 

18) In news, the Zoological Survey of India (ZSI), in collaboration with the Natural History Museum, London, discovered two new moth species in which biodiversity hotspot?

(a) Eastern Himalayas

(b) Western Ghats

(c) Sundarbans

(d) Thar Desert

(e) Indo-Gangetic Plains

 

19) In 2026, the Department of Telecommunications (DoT) has started accepting applications for telecom service authorisations under which legislation?

(a) Indian Telegraph Act, 1885

(b) Indian Wireless Telegraphy Act, 1933

(c) Telecommunications Act, 2023

(d) Information Technology Act, 2000

(e) Telecom Regulatory Authority of India Act, 1997

 

20) In news, the Department of Social Justice & Empowerment (DoSJE) has removed the mandatory submission of which document for applications under the Pre-Matric and Post-Matric Scholarship Schemes for SC and OBC students?

(a) Domicile Certificate

(b) Aadhaar Card

(c) Income Certificate 

(d) Caste Certificate

(e) Transfer Certificate

Answers:

1) Answer: B

Short Explanation:

The Reserve Bank of India (RBI) has issued the Responsible Business Conduct Third Amendment Directions, 2026 to introduce a revised compensation framework for victims of fraudulent Electronic Banking Transactions (EBTs).

The new RBI directions will come into effect from 1 January 2027.

Under the revised framework, a bona fide individual victim who suffers a digital payment fraud involving a loss of up to ₹50,000 will be eligible for compensation if the fraud is reported within 5 calendar days.

Eligible customers will receive 85% of the net loss or ₹25,000, whichever is lower, as compensation.

Detailed Explanation:

The Reserve Bank of India (RBI) has issued the Responsible Business Conduct Third Amendment Directions, 2026 to introduce a revised compensation framework for victims of fraudulent Electronic Banking Transactions (EBTs).

The new RBI directions will come into effect from 1 January 2027.

Under the revised framework, a bona fide individual victim who suffers a digital payment fraud involving a loss of up to ₹50,000 will be eligible for compensation if the fraud is reported within 5 calendar days.

The fraud must be reported to both the National Cyber Crime Portal/Helpline 1930 and the concerned bank within the prescribed timeline.

Eligible customers will receive 85% of the net loss or ₹25,000, whichever is lower, as compensation.

The compensation benefit under this scheme can be availed only once in a lifetime.

Customers will have zero liability if the fraud occurs due to bank negligence or a third-party system breach, provided the incident is reported within the specified time.

2) Answer: C

Short Explanation:

The Reserve Bank of India (RBI) has revised the Scale-Based Regulatory (SBR) Framework for Non-Banking Financial Companies (NBFCs) to simplify the identification of NBFC-Upper Layer (NBFC-UL) entities.

Under the revised framework, any NBFC with an asset size of ₹1,00,000 crore (₹1 lakh crore) or more, based on its latest audited balance sheet, will be automatically classified as an NBFC-Upper Layer (NBFC-UL).

The ₹1 lakh crore asset-size threshold for identifying NBFC-ULs will be reviewed by RBI every three years.

Detailed Explanation:

The Reserve Bank of India (RBI) has revised the Scale-Based Regulatory (SBR) Framework for Non-Banking Financial Companies (NBFCs) to simplify the identification of NBFC-Upper Layer (NBFC-UL) entities.

Under the revised framework, any NBFC with an asset size of ₹1,00,000 crore (₹1 lakh crore) or more, based on its latest audited balance sheet, will be automatically classified as an NBFC-Upper Layer (NBFC-UL).

The ₹1 lakh crore asset-size threshold for identifying NBFC-ULs will be reviewed by RBI every three years.

For the first time, eligible Government-owned NBFCs will also be included in the NBFC-Upper Layer (NBFC-UL) based on the revised asset-size criterion.

Fully Government-owned and controlled NBFC-ULs have been exempted from certain governance and financial disclosure requirements.

The RBI has withdrawn earlier exemptions granted to Government-owned NBFCs from credit concentration and investment concentration norms.

Government-owned NBFCs must now comply with the prudential exposure limits applicable to the regulatory layer in which they are classified.

The RBI has permitted all NBFC-Upper Layer (NBFC-UL) entities to use State Government guarantees as eligible credit risk transfer instruments without any limit, subject to prescribed conditions.

Exposures backed by State Government guarantees will carry a 20% risk weight and will be treated as exposures to the respective State Governments.

The Scale-Based Regulatory (SBR) Framework was introduced by the RBI on 22 October 2021 and became effective from 1 October 2022.

 

3) Answer: A

Short Explanation:

Skydo, an Indian Business-to-Business (B2B) cross-border payments platform, secured an international payment license in Canada, marking its first regulatory approval outside India.

With this achievement, Skydo became the first Indian cross-border payments company to receive regulatory approval overseas.

The payment license was granted under Canada's Retail Payment Activities Act (RPAA).

Detailed Explanation:

Skydo, an Indian Business-to-Business (B2B) cross-border payments platform, secured an international payment license in Canada, marking its first regulatory approval outside India.

With this achievement, Skydo became the first Indian cross-border payments company to receive regulatory approval overseas.

The payment license was granted under Canada's Retail Payment Activities Act (RPAA).

The licensed payment activities are regulated and monitored by the Bank of Canada.

The approval enables Skydo to facilitate cross-border payment flows between India and Canada with settlement timelines of approximately two days.

 

4) Answer: B

Short Explanation:

Standard & Poor's (S&P) Global Ratings released its Economic Outlook Asia-Pacific Q3 2026 report titled "AI (Artificial Intelligence)-Exposed Markets to Outperform."

In the report, S&P Global Ratings revised India's Gross Domestic Product (GDP) growth forecast for Financial Year 2026-27 (FY27) downward to 6.6%.

The revised 6.6% GDP growth forecast is in line with the Reserve Bank of India's (RBI) projection for FY27.

Detailed Explanation:

Standard & Poor's (S&P) Global Ratings released its Economic Outlook Asia-Pacific Q3 2026 report titled "AI (Artificial Intelligence)-Exposed Markets to Outperform."

In the report, S&P Global Ratings revised India's Gross Domestic Product (GDP) growth forecast for Financial Year 2026-27 (FY27) downward to 6.6%.

The revised 6.6% GDP growth forecast is in line with the Reserve Bank of India's (RBI) projection for FY27.

According to S&P, the downward revision is primarily due to energy stress, a sub-par monsoon, and slowing global economic growth.

The report states that India's economy grew by 7.7% in FY26.

India's GDP growth was 7.1% in FY25.

S&P projects India's economic growth to improve to 7.2% in FY28.

The agency further forecasts GDP growth of 7.0% in FY29.

Retail Inflation is expected to be 0.5–0.6 percentage points higher during Q3 of FY27 (October–December 2026).

S&P projects India's inflation rate to rise to 5.1% during FY27.

The report notes that the impact of El Niño has weakened the South-West Monsoon, leading to a 43% rainfall deficit as of 22 June 2026.

 

5) Answer: A

Short Explanation:

Kerala Chief Minister V.D. Satheesan, who also holds the Finance portfolio, presented the Revised Budget for Financial Year 2026-27 in the Kerala Legislative Assembly at Thiruvananthapuram.

The revised budget focuses on infrastructure development, social welfare, education, healthcare, and employment generation, while ensuring fiscal consolidation.

The budget estimates Revenue Receipts at Rs. 1,69,646.37 crore and Revenue Expenditure at Rs. 2,05,001.67 crore.

The Fiscal Deficit is estimated at 3.46% of Gross State Domestic Product (GSDP) for Financial Year 2026-27, compared to 3.78% in the previous financial year.

The budget announced Mission Samudra with an allocation of Rs. 400 crore to integrate the state's coastline, ports, and inland waterways.

Under aviation and corridor development, Rs. 200 crore has been allocated for an Aviation Hub.

Detailed Explanation:

Kerala Chief Minister V.D. Satheesan, who also holds the Finance portfolio, presented the Revised Budget for Financial Year 2026-27 in the Kerala Legislative Assembly at Thiruvananthapuram.

The revised budget focuses on infrastructure development, social welfare, education, healthcare, and employment generation, while ensuring fiscal consolidation.

The budget estimates Revenue Receipts at Rs. 1,69,646.37 crore and Revenue Expenditure at Rs. 2,05,001.67 crore.

The Fiscal Deficit is estimated at 3.46% of Gross State Domestic Product (GSDP) for Financial Year 2026-27, compared to 3.78% in the previous financial year.

The budget announced Mission Samudra with an allocation of Rs. 400 crore to integrate the state's coastline, ports, and inland waterways.

Under aviation and corridor development, Rs. 200 crore has been allocated for an Aviation Hub.

The budget earmarked Rs. 50 crore for an Economic Corridor and Rs. 100 crore for a Mineral Corridor.

In the education and healthcare sector, Rs. 100 crore has been allocated for the Life Science City project.

An allocation of Rs. 10 crore has been made for the Oommen Chandy Health Insurance Scheme.

The scheme provides health insurance coverage of up to Rs. 25 lakh per family.

 

6) Answer: D

Short Explanation:

The Department of Public Enterprises (DPE) under the Ministry of Finance (MoF) upgraded Garden Reach Shipbuilders and Engineers (GRSE) Limited from Miniratna Category-I to Navratna Central Public Sector Enterprise (CPSE) status.

The upgrade was approved by Union Minister for Finance Nirmala Sitharaman.

Garden Reach Shipbuilders and Engineers Limited functions under the Ministry of Defence (MoD).

With this recognition, GRSE became the 29th Navratna Central Public Sector Enterprise in India.

Detailed Explanation:

The Department of Public Enterprises (DPE) under the Ministry of Finance (MoF) upgraded Garden Reach Shipbuilders and Engineers (GRSE) Limited from Miniratna Category-I to Navratna Central Public Sector Enterprise (CPSE) status.

The upgrade was approved by Union Minister for Finance Nirmala Sitharaman.

Garden Reach Shipbuilders and Engineers Limited functions under the Ministry of Defence (MoD).

With this recognition, GRSE became the 29th Navratna Central Public Sector Enterprise in India.

The company reported strong financial performance, with revenue increasing nearly 300% from Rs.1,754 crore in Financial Year 2021-22 to Rs.7,002 crore in Financial Year 2025-26.

The Navratna status provides enhanced autonomy for investment decisions and strategic business expansion.

Under Navratna status, the company can invest up to Rs.1,000 crore or 15% of its net worth per project without prior Government approval.

The enhanced autonomy will enable faster financial and operational decision-making and support the company's growth in the defence sector.

7) Answer: C

Short Explanation:

The Defence Security Cooperation Agency (DSCA) of the United States of America (USA) notified the proposed sale of sustainment support services and related equipment for India's AH-64E Apache Attack Helicopters and M777A2 Ultra-Light Howitzers.

The proposed Foreign Military Sales (FMS) package is valued at an estimated USD 482.2 million.

Detailed Explanation:

The Defence Security Cooperation Agency (DSCA) of the United States of America (USA) notified the proposed sale of sustainment support services and related equipment for India's AH-64E Apache Attack Helicopters and M777A2 Ultra-Light Howitzers.

The proposed Foreign Military Sales (FMS) package is valued at an estimated USD 482.2 million.

The DSCA administers the Foreign Military Sales (FMS) Programme of the United States, which facilitates defence equipment sales to allied countries.

The proposed package includes a USD 230 million long-term sustainment support programme for M777A2 Ultra-Light Howitzers.

It also includes a USD 198.2 million sustainment package for AH-64E Apache Attack Helicopters.

The support package aims to improve the maintenance, operational readiness, logistics, and long-term serviceability of India's defence platforms.

Boeing and Lockheed Martin will serve as the principal contractors for the Apache helicopter support programme.

BAE Systems will be the principal contractor for the M777A2 Ultra-Light Howitzer sustainment package.

 

8) Answer: E

Short Explanation:

C. P. Radhakrishnan, Chairman of the Rajya Sabha, administered the oath/affirmation to 10 newly elected/re-elected Members of Rajya Sabha in the Rajya Sabha Chamber.

The 10 Members who took the oath/affirmation are Praveen Chakravarty, Debashish Samantaray, Sana Satish Babu, Vijay Chintakayala, Bhashyam Rama Krishna, Lingamaneni Ramesh, Rajesh Parmanand Shukla, Baidyanath Ram, Nathwani Parimal, and Tai Tagak.

Among the Members, 5 took the oath/affirmation in Hindi, 1 in English, 1 in Tamil, and 3 in Telugu.

Detailed Explanation:

C. P. Radhakrishnan, Chairman of the Rajya Sabha, administered the oath/affirmation to 10 newly elected/re-elected Members of Rajya Sabha in the Rajya Sabha Chamber.

The 10 Members who took the oath/affirmation are Praveen Chakravarty, Debashish Samantaray, Sana Satish Babu, Vijay Chintakayala, Bhashyam Rama Krishna, Lingamaneni Ramesh, Rajesh Parmanand Shukla, Baidyanath Ram, Nathwani Parimal, and Tai Tagak.

Among the Members, 5 took the oath/affirmation in Hindi, 1 in English, 1 in Tamil, and 3 in Telugu.

Andhra Pradesh contributed the highest number of Members (4) among those who took the oath.

Jharkhand was represented by 2 Members.

Tamil Nadu, Gujarat, Arunachal Pradesh, and Odisha were represented by 1 Member each.

Arjun Ram Meghwal, Minister of State for Law and Justice, attended the oath-taking ceremony.

9) Answer: B

Short Explanation:

Defence Research and Development Organisation (DRDO) handed over the Final Operational Clearance (FOC) certificate of the indigenous Netra Airborne Early Warning and Control (AEW&C) System to the Indian Air Force (IAF).

The Netra AEW&C System has been indigenously developed through close collaboration between the DRDO, Indian Air Force (IAF), and Indian defence industry.

Detailed Explanation:

Defence Research and Development Organisation (DRDO) handed over the Final Operational Clearance (FOC) certificate of the indigenous Netra Airborne Early Warning and Control (AEW&C) System to the Indian Air Force (IAF).

The Netra AEW&C System has been indigenously developed through close collaboration between the DRDO, Indian Air Force (IAF), and Indian defence industry.

The system significantly enhances airborne surveillance, situational awareness, battle management, and air defence capabilities of the Indian Air Force.

The Netra AEW&C programme is a major milestone in India's self-reliance (Aatmanirbhar Bharat) in advanced aerospace and defence technologies.

The Initial Operational Clearance (IOC) for the Netra AEW&C System was granted in 2017.

The Final Operational Clearance (FOC) ceremony was held on 25 June 2026 in Bengaluru, Karnataka.

The ceremony was presided over by Awadhesh Kumar Bharti, Deputy Chief of the Air Staff.

 

10) Answer: D

Short Explanation:

The keel-laying ceremony of the 4th Next Generation Offshore Patrol Vessel (NGOPV) for the Indian Coast Guard (ICG) was held on 25 June 2026 in Mumbai, Maharashtra.

The 4th NGOPV is one of the six Next Generation Offshore Patrol Vessels being constructed by Mazagon Dock Shipbuilders Limited (MDL) for the Indian Coast Guard (ICG).

The contract for the construction of six NGOPVs between MDL and the Indian Coast Guard was signed on 20 December 2023.

Detailed Explanation:

The keel-laying ceremony of the 4th Next Generation Offshore Patrol Vessel (NGOPV) for the Indian Coast Guard (ICG) was held on 25 June 2026 in Mumbai, Maharashtra.

The 4th NGOPV is one of the six Next Generation Offshore Patrol Vessels being constructed by Mazagon Dock Shipbuilders Limited (MDL) for the Indian Coast Guard (ICG).

The contract for the construction of six NGOPVs between MDL and the Indian Coast Guard was signed on 20 December 2023.

The NGOPVs are being indigenously designed, developed, and constructed under the Government of India's Aatmanirbhar Bharat initiative.

The keel-laying ceremony marks a major milestone in the ship construction process and reflects the steady progress of the NGOPV Programme.

The ceremony was held at MDL's Nhava Yard in Mumbai.

The Next Generation Offshore Patrol Vessels are equipped with modern machinery and state-of-the-art systems to enhance operational efficiency.

 

11) Answer: C

The Ministry of Electronics and Information Technology (MeitY) awarded the IndiaAI Fellowship 2025-26 to seven students of Chandigarh University (CU), Chandigarh.

The IndiaAI Fellowship is a flagship initiative launched in 2024 under the IndiaAI Mission's Future Skills Pillar.

The fellowship supports engineering students undertaking innovative projects in Artificial Intelligence (AI) and Machine Learning (ML).

The selected students include Shreyam Sinha, Harpreet Singh, Ashirvad Satyendra Singh, Kirti Upadhyay, Muskan, Saurav Yadav, and Shubham Bajaj.

Under the fellowship, each recipient will receive Rs. 1 lakh for their research and innovation projects.

 

12) Answer: B

Short Explanation:

The Himachal Pradesh Government, under Chief Minister Sukhvinder Singh Sukhu, signed implementation agreements for 19 hydropower projects in 2026.

The projects have a combined generation capacity of 278 Megawatts (MW) and involve an investment of Rs. 3,336 crore.

The initiative aims to strengthen the state's renewable energy sector, attract investments, and promote sustainable energy development.

Detailed Explanation:

The Himachal Pradesh Government, under Chief Minister Sukhvinder Singh Sukhu, signed implementation agreements for 19 hydropower projects in 2026.

The projects have a combined generation capacity of 278 Megawatts (MW) and involve an investment of Rs. 3,336 crore.

The initiative aims to strengthen the state's renewable energy sector, attract investments, and promote sustainable energy development.

The hydropower projects include Soyal Dashal, Khauli-II, Gramang, Umli, Bharmour Stage-I, Bharmour Stage-II, Harsar Stage-II, Harsar Stage-III, Tundah Stage-II, Janglik, Rupin Stage-II, Dunali-I & II, Jari, Toral Kundli, Tundan, Kot Dogri, Upper Kurmi, Kalal Khol, and Melan.

These projects are expected to enhance hydropower infrastructure and increase clean energy generation in the state.

The construction of the 150 MW Tidong Stage-I Hydroelectric Project has been completed.

 

13) Answer: B

Short Explanation:

Safran Electronics & Defence, a France-based aerospace and defence company, signed a Memorandum of Understanding (MoU) with SatSure Analytics India Private Limited.

The collaboration aims to develop Geospatial Intelligence (GEOINT) solutions for the Indian market.

The partnership has been launched under the France-India Year of Innovation initiative.

Detailed Explanation:

Safran Electronics & Defence, a France-based aerospace and defence company, signed a Memorandum of Understanding (MoU) with SatSure Analytics India Private Limited.

The collaboration aims to develop Geospatial Intelligence (GEOINT) solutions for the Indian market.

The partnership has been launched under the France-India Year of Innovation initiative.

The initiative seeks to strengthen cooperation between India and France in aerospace and defence technologies.

The partnership aims to develop end-to-end GEOINT solutions by integrating satellite imagery, Artificial Intelligence (AI) models, and intelligence systems.

It will enhance decision-making capabilities across multiple sectors through advanced geospatial intelligence.

The collaboration combines Safran.AI's Artificial Intelligence capabilities with SatSure's geospatial and satellite data expertise.

KaleidEO Space Systems Private Limited will provide a fully integrated Earth observation-to-intelligence system.

 

14) Answer: E

Short Explanation:

The National Highways Authority of India (NHAI), under the Ministry of Road Transport and Highways (MoRTH), signed a Memorandum of Understanding (MoU) with the National Council of Applied Economic Research (NCAER).

The MoU aims to establish NHAI's Research Centre on Transportation, Mobility and Logistics at the NCAER headquarters in New Delhi, Delhi.

The centre will be India's first permanent and independent research facility dedicated to the economics of transportation, mobility and logistics.

Detailed Explanation:

The National Highways Authority of India (NHAI), under the Ministry of Road Transport and Highways (MoRTH), signed a Memorandum of Understanding (MoU) with the National Council of Applied Economic Research (NCAER).

The MoU aims to establish NHAI's Research Centre on Transportation, Mobility and Logistics at the NCAER headquarters in New Delhi, Delhi.

The centre will be India's first permanent and independent research facility dedicated to the economics of transportation, mobility and logistics.

It aims to strengthen evidence-based policymaking, research, and data-driven decision-making in the road transport sector.

The centre will undertake applied economic research in transportation, mobility, and logistics and generate actionable insights for long-term planning, investment decisions, and policy formulation.

Research areas will include National Highway economics, freight logistics, modal integration, regional economic impacts of National Highway investments, toll policy, asset monetization, and road safety interventions.

The centre will be guided by an Advisory Committee comprising leading economists, transportation specialists, public policy experts, and eminent academicians.

 

15) Answer: A

Short Explanation:

The Comptroller and Auditor General (CAG) of India signed a Memorandum of Understanding (MoU) with the Supreme Audit Institution (SAI) of Israel to strengthen cooperation in public sector auditing.

The MoU was signed following a bilateral meeting held in New Delhi, Delhi.

The meeting was attended by K. Sanjay Murthy, Comptroller and Auditor General of India, and Matanyahu Englman, State Comptroller and Ombudsman of Israel.

Detailed Explanation:

The Comptroller and Auditor General (CAG) of India signed a Memorandum of Understanding (MoU) with the Supreme Audit Institution (SAI) of Israel to strengthen cooperation in public sector auditing.

The MoU was signed following a bilateral meeting held in New Delhi, Delhi.

The meeting was attended by K. Sanjay Murthy, Comptroller and Auditor General of India, and Matanyahu Englman, State Comptroller and Ombudsman of Israel.

Matanyahu Englman also serves as the President of the European Organisation of Supreme Audit Institutions.

The agreement focuses on strengthening auditing practices through the use of Artificial Intelligence (AI).

It promotes the adoption of data analytics and digital audit tools to improve audit efficiency and accuracy.

The MoU emphasizes enhancing performance auditing and compliance auditing.

The agreement aims to promote innovation in public sector oversight and strengthen transparency, accountability, and governance.

During the visit, Matanyahu Englman delivered a lecture under the Dr. B.R. Ambedkar Lecture Series.

 

16) Answer: E

Short Explanation:

The Hurun India 500 Report 2026 was released in partnership with Axis Bank and Burgundy Private.

The top 10 companies accounted for 27% of the total valuation of the 500 companies featured in the ranking.

The combined valuation of the top 10 companies stood at Rs. 86 trillion in 2026 compared to Rs. 97 trillion in the previous year.

The total value of the top 10 companies has increased by 3.5 times over the last decade.

Seven companies have retained their place among the top 10 for five consecutive years.

Bharti Airtel Limited emerged as the highest wealth creator over the last five years.

Detailed Explanation:

The Hurun India 500 Report 2026 was released in partnership with Axis Bank and Burgundy Private.

The report ranks India's most valuable companies based on market valuation.

The top 10 companies accounted for 27% of the total valuation of the 500 companies featured in the ranking.

The combined valuation of the top 10 companies stood at Rs. 86 trillion in 2026 compared to Rs. 97 trillion in the previous year.

The total value of the top 10 companies has increased by 3.5 times over the last decade.

Seven companies have retained their place among the top 10 for five consecutive years.

Bharti Airtel Limited emerged as the highest wealth creator over the last five years.

The report highlighted the growing dominance of the Financial Services sector.

Rank	Company	Valuation (Rs. Crore)
1	Reliance Industries Limited	19,36,239
2	HDFC Bank Limited	11,87,800
3	Bharti Airtel Limited	11,49,650

 

17) Answer: B

Short Explanation:

Scientists from the Ashoka Trust for Research in Ecology and the Environment (ATREE) discovered two new microscopic snail species in the limestone caves of Meghalaya.

The discovery was made in Krem Puri Cave and Arwah Cave, two important limestone cave systems in Meghalaya.

The findings were published in the European Journal of Taxonomy.

The newly discovered species are Georissa meghalayaensis and Acmella bensoni.

Detailed Explanation:

Scientists from the Ashoka Trust for Research in Ecology and the Environment (ATREE) discovered two new microscopic snail species in the limestone caves of Meghalaya.

The discovery was made in Krem Puri Cave and Arwah Cave, two important limestone cave systems in Meghalaya.

The findings were published in the European Journal of Taxonomy.

The newly discovered species are Georissa meghalayaensis and Acmella bensoni.

Georissa meghalayaensis is endemic to Meghalaya, meaning it is naturally found only in the state.

Georissa meghalayaensis was discovered near the entrance of Krem Puri Cave.

This species has a distinctive orangish-red shell with intricate mesh-like ridges.

Acmella bensoni was discovered deeper inside Krem Puri Cave and Arwah Cave.

Acmella bensoni is named in honour of William Henry Benson, a noted British malacologist.

 

18) Answer: B

Short Explanation:

The Zoological Survey of India (ZSI), Pune, in collaboration with the Natural History Museum, London, discovered two new moth species in the Western Ghats, enriching the region's biodiversity records.

The newly discovered species are Antaram idukki (a Tiger Moth) and Mimeusemia kali (a Forester Moth).

Antaram idukki was discovered in Idukki, Kerala, while Mimeusemia kali was discovered in the Kali Tiger Reserve, Karnataka.

Detailed Explanation:

The Zoological Survey of India (ZSI), Pune, in collaboration with the Natural History Museum, London, discovered two new moth species in the Western Ghats, enriching the region's biodiversity records.

The newly discovered species are Antaram idukki (a Tiger Moth) and Mimeusemia kali (a Forester Moth).

Antaram idukki was discovered in Idukki, Kerala, while Mimeusemia kali was discovered in the Kali Tiger Reserve, Karnataka.

The discovery of Antaram idukki was published in the Journal of the Lepidopterists' Society.

The discovery of Mimeusemia kali was published in Zootaxa, an internationally recognized journal for zoological taxonomy.

Antaram idukki belongs to the Subfamily Arctiinae under the Family Erebidae and is classified as a Tiger Moth.

 

19) Answer: C

Short Explanation:

The Department of Telecommunications (DoT) has officially commenced accepting applications for obtaining authorisations to provide telecommunication services under the Telecommunications Act, 2023.

The DoT has also started accepting applications for the migration of existing telecom licenses to the new authorisation framework under the Telecommunications Act, 2023.

Detailed Explanation:

The Department of Telecommunications (DoT) has officially commenced accepting applications for obtaining authorisations to provide telecommunication services under the Telecommunications Act, 2023.

The DoT has also started accepting applications for the migration of existing telecom licenses to the new authorisation framework under the Telecommunications Act, 2023.

The Telecommunication Rules for Authorisation of Telecommunication Services under Section 3(1)(a) of the Telecommunications Act, 2023 were notified on 23 June 2026.

The Telecommunication Rules for Migration of Existing Licenses under Section 3(6) of the Telecommunications Act, 2023 were also notified on 23 June 2026.

The new authorisation framework has been implemented based on the "Digital by Design" principle to ensure a fully digital, transparent, and efficient application process.

The DoT has operationalised online application modules for both fresh authorisations and migration of existing telecom licenses.

 

20) Answer: A

Short Explanation:

The Department of Social Justice & Empowerment (DoSJE) has introduced major reforms to simplify access to scholarships for Scheduled Caste (SC) and Other Backward Classes (OBC) students across India.

The mandatory requirement of submitting a Domicile Certificate has been removed for applications under the Pre-Matric and Post-Matric Scholarship Schemes for SC and OBC students.

Detailed Explanation:

The Department of Social Justice & Empowerment (DoSJE) has introduced major reforms to simplify access to scholarships for Scheduled Caste (SC) and Other Backward Classes (OBC) students across India.

The mandatory requirement of submitting a Domicile Certificate has been removed for applications under the Pre-Matric and Post-Matric Scholarship Schemes for SC and OBC students.

The reform is expected to benefit nearly 1.2 crore students annually, making the scholarship application process simpler, faster, and more student-friendly.

The removal of the Domicile Certificate requirement will reduce documentation, lower compliance costs, and minimise application delays for eligible students.

The reform will particularly benefit students pursuing education in institutions located outside their home States, ensuring easier access to scholarship benefits.

The Department of Social Justice & Empowerment (DoSJE) has launched SETU (Scholarship for Educational Transformation and Upliftment) on the UMANG platform as a unified digital portal for scholarship-related services.