Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2026 of  29th August  2026. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2026 & other competitive exams can make use of these Current Affairs Quiz.

 

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1) As per the news, consider the following statements regarding the Pradhan Mantri Jan Dhan Yojana (PMJDY):

1. PMJDY was launched on 28 August 2014 as the National Mission on Financial Inclusion.
2. PMJDY accounts have no minimum balance requirement and no maintenance charges.
3. PMJDY account holders are eligible for an overdraft facility of up to ₹10,000.
4. Each PMJDY account provides a free RuPay debit card with ₹2 lakh accident insurance cover.

Which of the statements given above is/are correct?

(a) Only 1

(b) Only 2 and 3

(c) Only 1, 2 and 4

(d) All of the above

(e) None of the above

2) As per the news, consider the following statements regarding India’s revised FDI framework:

1. The revised framework allows entities with up to 10% non-controlling ownership by companies based in a land-bordering country to receive FDI through the automatic route.
2. The government amended Press Note 2 of 2020 in March 2026.
3. DPIIT notified the revised rules in May 2026.
4. A total of 29 FDI projects worth ₹4,895.65 crore were reported under the revised framework up to 20 August 2026.

Which of the statements given above is/are correct?

(a) Only 1 and 2

(b) Only 2 and 3

(c) Only 1, 3 and 4

(d) All of the above

(e) None of the above

3) As per the news, consider the following statements regarding WhatsApp Pay in India:

1. WhatsApp Pay processed 167.89 million UPI transactions worth ₹12,957.07 crore in July 2026.
2. WhatsApp Pay became the 8th-largest UPI app by transaction volume in July 2026.
3. WhatsApp Pay first crossed the 100 million transaction mark in December 2024.
4. NPCI initially approved WhatsApp Pay to operate on UPI in November 2019.

Which of the statements given above is/are correct?

(a) Only 1 and 2

(b) Only 2 and 3

(c) Only 1, 2 and 4

(d) All of the above

(e) None of the above

4) As per the news, what was the value of India’s foreign exchange reserves during the week ended 7 August 2026?

(a) USD 692.866 billion

(b) USD 697.002 billion

(c) USD 707.002 billion

(d) USD 718.494 billion

(e) USD 728.494 billion

 

5) As per the news, during Q1 FY2026–27, MobiKwik’s remaining loan disbursals after the distribution model were made through which model?

(a) First Loss Default Guarantee (FLDG) model

(b) Co-Lending Model

(c) Direct Lending Model

(d) Peer-to-Peer Lending Model

(e) Buy Now, Pay Later (BNPL) Model

6) As per the news, which organisation is collecting industry views on the RBI’s proposed restriction on revolving credit products offered by NBFCs?

(a) Finance Industry Development Council (FIDC)

(b) Indian Banks’ Association (IBA)

(c) Association of Mutual Funds in India (AMFI)

(d) Microfinance Institutions Network (MFIN)

(e) Federation of Indian Chambers of Commerce and Industry (FICCI)

 

7) As per the news, consider the following statements regarding India’s Current Account Deficit (CAD) in June 2026:

1. India’s CAD widened to USD 6.2 billion in June 2026 from a surplus of USD 1.2 billion in June 2025.
2. The merchandise trade deficit increased to USD 30.2 billion in June 2026 from USD 19.2 billion a year earlier.
3. The services surplus increased to USD 17.9 billion in June 2026 from USD 16.2 billion in June 2025.
4. India’s overall balance remained positive at USD 2.9 billion in June 2026.

Which of the statements given above is/are correct?

(a) Only 1 and 2

(b) Only 2 and 3

(c) Only 1, 3 and 4

(d) All of the above

(e) None of the above

8) As per the news, for how many years is Yes Bank planning to issue the proposed US dollar-denominated benchmark-sized bond?

(a) 2 years

(b) 3 years

(c) 5 years

(d) 7 years

(e) 10 years

 

9) As per the news, who inaugurated the Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Conclave 2026 and PMFME Bazaar?

(a) Piyush Goyal

(b) Chirag Paswan

(c) Jyotiraditya M. Scindia

(d) Narendra Singh Tomar

(e) Hardeep Singh Puri

10) As per the news, for how many years will the 11 AAI airports be leased to private operators under the PPP model?

(a) 20 years

(b) 30 years

(c) 40 years

(d) 50 years

(e) 60 years

 

11) As per the news, the Draft Rules seek to operationalise which Act, under which India aims to expand its nuclear power capacity to what level by 2047?

(a) SHANTI Act, 2025 – 100 GW

(b) Nuclear Energy Act, 2025 – 75 GW

(c) SHANTI Act, 2025 – 50 GW

(d) Atomic Energy Reform Act, 2025 – 125 GW

(e) Nuclear Power Development Act, 2025 – 150 GW

 

12) As per the news, what is the total estimated cost of the 4 railway multi-tracking projects approved by the Cabinet Committee on Economic Affairs (CCEA)?

(a) ₹7,450 crore

(b) ₹8,450 crore

(c) ₹9,450 crore

(d) ₹10,450 crore

(e) ₹11,450 crore

13) As per the Groupe Spécial Mobile Association (GSMA) Mobile Economy Asia Pacific 2026 report, what is India’s projected 5G adoption rate by 2030?

(a) 40%

(b) 50%

(c) 55%

(d) 62%

(e) 70%

14) As per the news, the Amended BharatNet Programme agreement was signed for implementation in which state?

(a) Odisha

(b) Jharkhand

(c) Rajasthan

(d) Madhya Pradesh

(e) Chhattisgarh

15) As per the news, how many investment proposals were approved by the Odisha Government across 10 districts?

(a) 10 proposals

(b) 12 proposals

(c) 14 proposals

(d) 16 proposals

(e) 18 proposals

16) As per the news, the Rajasthan Government plans to operate how many major haats under the Public-Private Partnership (PPP) model?

(a) Two

(b) Three

(c) Five

(d) Four

(e) Six

17) As per the news, who co-chaired the 7th India-Morocco Joint Commission during the official visit to Morocco?

(a) Jitin Prasada

(b) Piyush Goyal

(c) S. Jaishankar

(d) Rajeev Chandrasekhar

(e) Jyotiraditya M. Scindia

 

18) As per the news, in which city did Charles Schwab open its new Schwab India technology capability centre?

(a) Bengaluru

(b) Hyderabad

(c) Chennai

(d) Pune

(e) Gurugram

19) As per the news, T-Hub partnered with which organisation to create a direct pathway for defence startups to address real-world military challenges?

(a) Indian Navy

(b) Indian Air Force

(c) Central Command of the Indian Army

(d) Defence Research and Development Organisation (DRDO)

(e) Border Security Force (BSF)

20) As per the news, how many Indian Pharmacopoeia Nitrosamine Impurities Reference Standards were launched by the Indian Pharmacopoeia Commission (IPC) for the first time?

(a) 5

(b) 6

(c) 9

(d) 8

(e) 7

 

21) As per the news, at what altitude was the indigenous Military Combat Parachute System (MCPS) successfully tested by DRDO?

(a) 18,000 feet

(b) 20,000 feet

(c) 22,000 feet

(d) 24,000 feet

(e) 26,000 feet

 

22) As per the news, what is the name given to SpaceX’s new rocket launch complex planned in southern Louisiana, USA?

(a) Starport Louisiana

(b) Starbase Louisiana

(c) SpaceX Louisiana Hub

(d) Starship Louisiana

(e) Mars Base Louisiana

 

23) As per the news, Air India entered into an interline partnership with which airline to strengthen connectivity between India, Bhutan and international destinations?

(a) Bhutan Airlines

(b) SriLankan Airlines

(c) Nepal Airlines

(d) Biman Bangladesh Airlines

(e) Drukair – Royal Bhutan Airlines

 

24) As per the news, how many students and working professionals will receive scholarships under the Netflix India Storytelling Initiative?

(a) 50

(b) 75

(c) 100

(d) 150

(e) 200

 

25) As per the news, the Nancy Grace Roman Space Telescope is scheduled to be launched aboard which rocket?

(a) SpaceX Falcon 9

(b) SpaceX Falcon Heavy

(c) NASA SLS

(d) Ariane 6

(e) Blue Origin New Glenn

26) As per the news, Sonya Gill, who passed away on 25 August 2026, was the co-founder and trustee of which digital platform documenting rural India?

(a)People’s Archive of Rural India (PARI)

(b) Rural India Today

(c)  Gaon Connect  

(d) India Rural Foundation

(e) Rural Voices India Rural India Today

27) As per the news, who became the first Indian to win the Grand Chess Tour (GCT) title?

(a) D Gukesh

(b) Viswanathan Anand

(c) Arjun Erigaisi

(d) R Praggnanandhaa

(e) Vidit Gujrathi

28) As per the news, on which date is Partition Horrors Remembrance Day (Vibhajan Vibhishika Smriti Diwas) observed annually in India?

(a) 14 August

(b) 15 August

(c) 26 January

(d) 2 October

(e) 23 March

29) As per the news, when is World Senior Citizens Day observed annually?

(a) 15 August

(b) 21 August

(c) 26 August

(d) 1 October

(e) 10 December

 

30) As per the news, where is the headquarters of the Indian Pharmacopoeia Commission (IPC) located?

(a) New Delhi, Delhi

(b) Ghaziabad, Uttar Pradesh

(c) Lucknow, Uttar Pradesh

(d) Hyderabad, Telangana

(e) Mumbai, Maharashtra

Answers:

1) Answer: D

Short Explanation:

Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched by Prime Minister Narendra Modi on 28 August 2014 as the National Mission on Financial Inclusion.

PMJDY completed 12 years in August 2026 and is regarded as the world’s largest financial inclusion initiative.

The scheme aims to provide every unbanked adult with access to a basic bank account, with no minimum balance requirement and no maintenance charges.

As of 19 August 2026, the total number of PMJDY accounts reached 59.09 crore.

Women account holders accounted for 55.7% (32.92 crore) of total PMJDY accounts as of 19 August 2026.

Rural and semi-urban areas accounted for 77.8% (45.95 crore) of PMJDY accounts, highlighting the scheme’s focus on underserved regions.

Total deposits under PMJDY accounts stood at ₹3,16,514 crore (₹3.17 lakh crore) as of 19 August 2026.

Each PMJDY account provides a free RuPay debit card with ₹2 lakh accident insurance cover.

PMJDY account holders are eligible for an overdraft facility of up to ₹10,000, providing financial support during emergencies.

Detailed Explanation:

Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched by Prime Minister Narendra Modi on 28 August 2014 as the National Mission on Financial Inclusion.

PMJDY completed 12 years in August 2026 and is regarded as the world’s largest financial inclusion initiative.

The scheme aims to provide every unbanked adult with access to a basic bank account, with no minimum balance requirement and no maintenance charges.

As of 19 August 2026, the total number of PMJDY accounts reached 59.09 crore.

Women account holders accounted for 55.7% (32.92 crore) of total PMJDY accounts as of 19 August 2026.

Rural and semi-urban areas accounted for 77.8% (45.95 crore) of PMJDY accounts, highlighting the scheme’s focus on underserved regions.

Total deposits under PMJDY accounts stood at ₹3,16,514 crore (₹3.17 lakh crore) as of 19 August 2026.

PMJDY deposits increased by around 12.8 times, while the number of accounts increased by 2.3 times over the last 12 years.

The average deposit per PMJDY account stood at ₹5,356 as of 19 August 2026, increasing by 3.4 times over the last 12 years.

A total of 41.29 crore RuPay debit cards have been issued to PMJDY account holders.

Each PMJDY account provides a free RuPay debit card with ₹2 lakh accident insurance cover.

PMJDY account holders are eligible for an overdraft facility of up to ₹10,000, providing financial support during emergencies.

PMJDY has helped extend life and accident insurance coverage to millions through PM Jeevan Jyoti Bima Yojana (PMJJBY) and PM Suraksha Bima Yojana (PMSBY).

The Jan-Dhan–Aadhaar–Mobile (JAM) Trinity, with PMJDY at its core, enables direct and diversion-proof delivery of government welfare benefits.

The JAM Trinity eliminates intermediaries and delays by transferring government benefits directly into beneficiaries’ bank accounts.

PMJDY has strengthened financial inclusion, savings, credit access, insurance and pension coverage, particularly for marginalised and economically disadvantaged sections.

2) Answer: C

Short Explanation:

The Ministry of Commerce and Industry reported that 29 foreign direct investment (FDI) projects worth ₹4,895.65 crore had been reported under India’s revised FDI framework up to 20 August 2026.

The revised framework allows entities with up to 10% non-controlling ownership by companies based in a land-bordering country (LBC) to receive FDI through the automatic route, without prior government approval.

The government amended Press Note 3 of 2020 in March 2026, while the DPIIT notified the revised rules in May 2026.

Detailed Explanation:

The Ministry of Commerce and Industry reported that 29 foreign direct investment (FDI) projects worth ₹4,895.65 crore had been reported under India’s revised FDI framework up to 20 August 2026.

The revised framework allows entities with up to 10% non-controlling ownership by companies based in a land-bordering country (LBC) to receive FDI through the automatic route, without prior government approval.

The government amended Press Note 3 of 2020 in March 2026, while the DPIIT notified the revised rules in May 2026.

Under the earlier Press Note 3 of 2020, FDI from entities based in countries sharing a land border with India required government approval.

Previously, even an entity based in another country could require government approval if it had beneficial ownership from an LBC, even at a small level.

The revised framework aims to provide greater certainty to investors, reduce transaction time and improve the ease of doing business in India.

The 29 FDI investments cover sectors including Information Technology, Artificial Intelligence, Information & Communication, Manufacturing, Pharmaceuticals, Data Centres and Transport Services.

The investments were reported by entities based in jurisdictions including Mauritius, the United States, Republic of Korea, Japan, Singapore, Luxembourg and the Cayman Islands.

 

3) Answer: A

Short Explanation:

WhatsApp Pay, the UPI transaction service of Meta’s WhatsApp in India, processed 167.89 million UPI transactions worth ₹12,957.07 crore in July 2026.

WhatsApp Pay’s transaction volume more than doubled year-on-year, rising from 74.6 million transactions in July 2025 to 167.89 million in July 2026.

In July 2025, WhatsApp Pay processed transactions worth ₹5,412.58 crore and ranked as the 11th-largest UPI app by transaction volume.

In July 2026, WhatsApp Pay became the 8th-largest UPI app by transaction volume, moving ahead of platforms such as CRED and Amazon Pay.

WhatsApp Pay first crossed the 100 million transaction mark in December 2025, marking a major milestone in its UPI growth.

When launched in 2020, WhatsApp Pay was initially allowed to onboard 20 million users.

Detailed Explanation:

WhatsApp Pay, the UPI transaction service of Meta’s WhatsApp in India, processed 167.89 million UPI transactions worth ₹12,957.07 crore in July 2026.

WhatsApp Pay’s transaction volume more than doubled year-on-year, rising from 74.6 million transactions in July 2025 to 167.89 million in July 2026.

In July 2025, WhatsApp Pay processed transactions worth ₹5,412.58 crore and ranked as the 11th-largest UPI app by transaction volume.

In July 2026, WhatsApp Pay became the 8th-largest UPI app by transaction volume, moving ahead of platforms such as CRED and Amazon Pay.

WhatsApp Pay first crossed the 100 million transaction mark in December 2025, marking a major milestone in its UPI growth.

The strong growth followed the National Payments Corporation of India (NPCI) removing restrictions on WhatsApp Pay’s user onboarding in December 2024.

NPCI had initially approved WhatsApp Pay to operate on UPI in November 2020 under the multi-bank model through a graded user-onboarding approach.

When launched in 2020, WhatsApp Pay was initially allowed to onboard 20 million users.

 

4) Answer: C

Short Explanation:

According to the Reserve Bank of India (RBI), India’s foreign exchange (forex) reserves increased by USD 14.136 billion to USD 707.002 billion during the week ended 7 August 2026.

In the previous reporting week ended 31 July 2026, India’s forex reserves had increased by USD 10.512 billion to USD 692.866 billion.

India’s forex reserves had reached an all-time high of USD 728.494 billion during the week ended 27 February 2026, before declining due to the West Asia conflict and pressure on the Indian rupee.

Detailed Explanation:

According to the Reserve Bank of India (RBI), India’s foreign exchange (forex) reserves increased by USD 14.136 billion to USD 707.002 billion during the week ended 7 August 2026.

In the previous reporting week ended 31 July 2026, India’s forex reserves had increased by USD 10.512 billion to USD 692.866 billion.

India’s forex reserves had reached an all-time high of USD 728.494 billion during the week ended 27 February 2026, before declining due to the West Asia conflict and pressure on the Indian rupee.

The RBI intervened in the foreign exchange market through dollar sales when the rupee came under pressure during the period of declining reserves.

Foreign Currency Assets (FCA), the largest component of India’s forex reserves, increased by USD 9.946 billion to USD 574.625 billion during the week ended 7 August 2026.

The dollar value of Foreign Currency Assets reflects the impact of appreciation or depreciation of non-US currencies, including the euro, pound and yen, held in India’s forex reserves.

The RBI and Government of India introduced measures in July 2026, including the FCNR(B) scheme, to attract additional foreign exchange flows into India.

India had reportedly received around USD 40 billion through these measures aimed at attracting forex inflows.

The value of India’s gold reserves increased by USD 3.995 billion to USD 108.738 billion during the week ended 7 August 2026.

 

5) Answer: A

Short Explanation:

Fintech firm MobiKwik transferred its entire digital lending business to its wholly owned subsidiary, MobiKwik Distribution Services Private Limited (MDSPL).

The transfer took place nearly four months after the Reserve Bank of India (RBI) approved the Group’s application for an NBFC licence in April 2026.

During Q1 FY2026-27, around 32% of MobiKwik’s disbursals were made through the distribution model, while the remaining disbursals were through the First Loss Default Guarantee (FLDG) model.

Co-founder, Managing Director (MD) and Chief Executive Officer (CEO) of MobiKwik : Bipin Preet Singh

Detailed Explanation:

Fintech firm MobiKwik transferred its entire digital lending business to its wholly owned subsidiary, MobiKwik Distribution Services Private Limited (MDSPL).

The transfer took place nearly four months after the Reserve Bank of India (RBI) approved the Group’s application for an NBFC licence in April 2026.

The RBI approval was subject to the condition that MobiKwik’s Lending Service Provider (LSP) business be migrated to a wholly owned subsidiary before the Certificate of Registration (CoR) is issued.

Manish Pathania was appointed Chief Business Officer (CBO) of MDSPL to lead the company’s lending vertical.

The transfer followed a ₹60.5 crore equity infusion into MDSPL by its parent company, One MobiKwik Systems.

MobiKwik expects more than ₹1,000 crore in quarterly loan disbursals, supported by AI-led growth initiatives and new lender partnerships.

During Q1 FY2026-27, around 32% of MobiKwik’s disbursals were made through the distribution model, while the remaining disbursals were through the First Loss Default Guarantee (FLDG) model.

Co-founder, Managing Director (MD) and Chief Executive Officer (CEO) of MobiKwik : Bipin Preet Singh

 

6) Answer: A

Short Explanation:

The Finance Industry Development Council (FIDC), the Self-Regulatory Organisation (SRO) for the non-banking financial companies (NBFCs) sector, is collecting industry views on the RBI’s proposed restriction on revolving credit products.

The Reserve Bank of India (RBI), in its draft guidelines issued on 6 August 2026, proposed that NBFCs should offer only term loans, effectively restricting revolving credit facilities.

Under the proposed framework, a term loan would have a predetermined repayment schedule and a non-replenishing sanctioned limit.

Once a borrower repays an amount under a term loan, the repaid amount cannot be borrowed again without undergoing fresh underwriting and sanction.

Detailed Explanation:

The Finance Industry Development Council (FIDC), the Self-Regulatory Organisation (SRO) for the non-banking financial companies (NBFCs) sector, is collecting industry views on the RBI’s proposed restriction on revolving credit products.

The Reserve Bank of India (RBI), in its draft guidelines issued on 6 August 2026, proposed that NBFCs should offer only term loans, effectively restricting revolving credit facilities.

Under the proposed framework, a term loan would have a predetermined repayment schedule and a non-replenishing sanctioned limit.

Once a borrower repays an amount under a term loan, the repaid amount cannot be borrowed again without undergoing fresh underwriting and sanction.

The proposal would prevent NBFCs from offering facilities that allow borrowers to draw, repay and redraw funds within the same sanctioned credit limit.

Revolving credit facilities are commonly used to meet short-term working-capital and liquidity requirements, particularly by MSMEs and individuals.

The proposed restriction could affect credit products with an outstanding portfolio of more than ₹2 trillion.

FIDC is expected to submit its formal feedback to the RBI within the prescribed deadline after consulting NBFCs involved in supply-chain finance, Loan Against Property (LAP) and MSME lending.

The RBI’s proposal followed concerns raised by its supervisory department regarding revolving credit products offered by NBFCs during earlier inspection cycles.

 

7) Answer: D

Short Explanation:

According to the Reserve Bank of India (RBI), India’s Current Account Deficit (CAD) widened to USD 6.2 billion in June 2026, compared with a surplus of USD 1.2 billion in June 2025.

The widening of the CAD was mainly driven by the increase in the merchandise trade deficit, which rose to USD 30.2 billion in June 2026 from USD 19.2 billion a year earlier.

Merchandise exports increased to USD 41.2 billion in June 2026 from USD 35.3 billion, while merchandise imports rose to USD 71.4 billion from USD 54.5 billion.

The services surplus increased to USD 17.9 billion in June 2026 from USD 16.2 billion in June 2025.

India’s overall balance remained positive at USD 2.9 billion in June 2026, compared with a deficit of USD 0.4 billion in June 2025.

Detailed Explanation:

According to the Reserve Bank of India (RBI), India’s Current Account Deficit (CAD) widened to USD 6.2 billion in June 2026, compared with a surplus of USD 1.2 billion in June 2025.

The widening of the CAD was mainly driven by the increase in the merchandise trade deficit, which rose to USD 30.2 billion in June 2026 from USD 19.2 billion a year earlier.

Merchandise exports increased to USD 41.2 billion in June 2026 from USD 35.3 billion, while merchandise imports rose to USD 71.4 billion from USD 54.5 billion.

The services surplus increased to USD 17.9 billion in June 2026 from USD 16.2 billion in June 2025.

Services exports rose to USD 36.4 billion, while services imports increased to USD 18.5 billion in June 2026.

Net transfers increased to USD 11.9 billion in June 2026 from USD 10.9 billion in June 2025.

The net income deficit narrowed to USD 5.8 billion in June 2026 from USD 6.8 billion a year earlier.

On the capital account front, net inflows stood at USD 9.1 billion in June 2026, compared with an outflow of USD 1.6 billion in June 2025.

Net Foreign Direct Investment (FDI) recorded an inflow of USD 1.3 billion in June 2026.

Foreign Portfolio Investment (FPI) recorded a net inflow of USD 2.5 billion in June 2026.

India’s overall balance remained positive at USD 2.9 billion in June 2026, compared with a deficit of USD 0.4 billion in June 2025.

 

8) Answer: B

Short Explanation:

Yes Bank Ltd. is planning to return to the international bond market for the first time since its Additional Tier 1 (AT1) debt write-off in 2020.

Yes Bank has appointed arrangers for a proposed US dollar-denominated bond issue and plans to issue a benchmark-sized 3-year US dollar note.

The proposed bond issue comes as several Indian banks have raised around USD 5.27 billion through international markets in the preceding two months.

The increased overseas borrowing by Indian lenders has been supported by Reserve Bank of India (RBI) measures introduced in June 2026 to encourage capital inflows and support the Indian rupee.

Detailed Explanation:

Yes Bank Ltd. is planning to return to the international bond market for the first time since its Additional Tier 1 (AT1) debt write-off in 2020.

Yes Bank has appointed arrangers for a proposed US dollar-denominated bond issue and plans to issue a benchmark-sized 3-year US dollar note.

The proposed bond issue comes as several Indian banks have raised around USD 5.27 billion through international markets in the preceding two months.

The increased overseas borrowing by Indian lenders has been supported by Reserve Bank of India (RBI) measures introduced in June 2026 to encourage capital inflows and support the Indian rupee.

In March 2020, Yes Bank permanently wrote off Additional Tier 1 (AT1) bonds, which are hybrid bank capital instruments that can be written off when specified regulatory triggers are breached.

Following the crisis in 2020, Indian authorities intervened to rescue Yes Bank through a restructuring led by State Bank of India (SBI).

9) Answer: B

Short Explanation:

The Ministry of Food Processing Industries (MoFPI) is organising the Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Conclave 2026 at the India Habitat Centre, New Delhi.

The two-day conclave brings together more than 500 stakeholders to strengthen India’s micro food processing ecosystem and improve access to finance, technology, capacity building and markets.

Union Minister for Food Processing Industries Chirag Paswan inaugurated the conclave and the PMFME Bazaar, which features exhibitors from 25 States and Union Territories.

Detailed Explanation:

The Ministry of Food Processing Industries (MoFPI) is organising the Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Conclave 2026 at the India Habitat Centre, New Delhi.

The two-day conclave brings together more than 500 stakeholders to strengthen India’s micro food processing ecosystem and improve access to finance, technology, capacity building and markets.

Union Minister for Food Processing Industries Chirag Paswan inaugurated the conclave and the PMFME Bazaar, which features exhibitors from 25 States and Union Territories.

The PMFME Bazaar showcases a diverse range of traditional, ethnic and region-specific food products, including processed foods, millet-based products, spices, pickles, snacks and beverages.

The exhibition provides a national platform for micro food processing enterprises, Self-Help Groups (SHGs), Farmer Producer Organisations (FPOs), cooperatives and individual entrepreneurs to display products, connect with buyers and explore new markets.

The initiative aims to help micro enterprises expand beyond local markets through branding, packaging, quality improvement, institutional procurement, modern retail, digital commerce and export opportunities.

The conclave brings together representatives from States and Union Territories, District Nodal Officers, District Resource Persons, banks and financial institutions, government organisations, technical institutions, industry bodies, incubation centres and PMFME beneficiaries.

A key highlight was the launch of a Coffee Table Book featuring 30 success stories of PMFME beneficiaries, showcasing successful entrepreneurial journeys from across India.

10) Answer: D

Short Explanation:

The Government of India plans to lease 11 Airports Authority of India (AAI) airports to private operators under the Public-Private Partnership (PPP) model.

The airports will be grouped into 5 bundles, with each bundle proposed to be awarded to a single private concessionaire for a 50-year concession period.

The Ministry of Civil Aviation (MoCA) proposed the transaction, while the Public Private Partnership Appraisal Committee (PPPAC) gave in-principal approval at its meeting held on 4 August 2026.

The total investment expected from private concessionaires is estimated at ₹8,622 crore.

Detailed Explanation:

The Government of India plans to lease 11 Airports Authority of India (AAI) airports to private operators under the Public-Private Partnership (PPP) model.

The airports will be grouped into 5 bundles, with each bundle proposed to be awarded to a single private concessionaire for a 50-year concession period.

The Ministry of Civil Aviation (MoCA) proposed the transaction, while the Public Private Partnership Appraisal Committee (PPPAC) gave in-principal approval at its meeting held on 4 August 2026.

The total investment expected from private concessionaires is estimated at ₹8,622 crore.

The proposed airport bundles are:

Amritsar + Kangra-Gaggal

Raipur + Aurangabad

Bhubaneswar + Hubballi

Tiruchirappalli + Tirupati

Varanasi + Gaya + Kushinagar

The bundling approach is designed to enable cross-subsidisation, under which high-traffic and revenue-generating airports can support smaller regional airports with comparatively weaker financial performance.

This is the first time the Government is proposing the bundling approach for airport privatisation.

The PPPAC, chaired by Economic Affairs Secretary Anuradha Thakur, appraises major PPP projects in the Central sector.

All 11 airports are currently operated by AAI.

 

11) Answer: A

Short Explanation:

The Draft Rules seek to operationalise the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Act, 2025, and provide detailed provisions on nuclear liability, insurance and financial security.

The framework is important as India aims to expand its nuclear power capacity to 100 GW by 2047 while allowing greater private-sector participation.

India currently has 24 nuclear power reactors in commercial operation, excluding Rajasthan Atomic Power Station-1 (RAPS-1), with an installed capacity of 8,780 Megawatts (MW).

Detailed Explanation:

The Draft Rules seek to operationalise the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Act, 2025, and provide detailed provisions on nuclear liability, insurance and financial security.

The framework is important as India aims to expand its nuclear power capacity to 100 GW by 2047 while allowing greater private-sector participation.

India currently has 24 nuclear power reactors in commercial operation, excluding Rajasthan Atomic Power Station-1 (RAPS-1), with an installed capacity of 8,780 Megawatts (MW).

The Government aims to increase nuclear capacity to around 22 GW by 2031–32 and subsequently to 100 GW by 2047.

The Government has also announced the development of at least 5 indigenous Small Modular Reactors (SMRs) by 2033, including:

220 Megawatt Electric (MWe) Bharat Small Modular Reactor

55 MWe Small Modular Reactor

High Temperature Gas-Cooled Reactor (HTGR) for hydrogen production.

The Draft Rules propose a predictable nuclear liability and financial-protection framework to balance private investment, operator accountability, victim compensation and nuclear safety.

Nuclear installation operators would bear strict liability for nuclear damage, meaning liability can arise without proving negligence or fault.

Liability principles would also cover nuclear damage arising during the transportation of nuclear material.

12) Answer: C

Short Explanation:

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved 4 railway multi-tracking projects of the Ministry of Railways with a total estimated cost of ₹9,450 crore.

The projects cover 410 km across 8 districts in West Bengal, Odisha, Tamil Nadu and Andhra Pradesh, strengthening railway connectivity and capacity.

The approved projects include:

Kharagpur–Bhadrak (Ranital) 4th Line: 173 km covering West Bengal and Odisha

Bhadrak–Haridaspur 4th Line: 75 km in Odisha

Gummidipundi–Gudur 3rd and 4th Lines: 90 km covering Andhra Pradesh and Tamil Nadu

Cuttack–Paradeep (Badabandha) 3rd and 4th Lines: 72 km in Odisha

The additional railway lines will help reduce congestion, improve operational efficiency, enhance service reliability and increase rail capacity.

Detailed Explanation:

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved 4 railway multi-tracking projects of the Ministry of Railways with a total estimated cost of ₹9,450 crore.

The projects cover 410 km across 8 districts in West Bengal, Odisha, Tamil Nadu and Andhra Pradesh, strengthening railway connectivity and capacity.

The approved projects include:

Kharagpur–Bhadrak (Ranital) 4th Line: 173 km covering West Bengal and Odisha

Bhadrak–Haridaspur 4th Line: 75 km in Odisha

Gummidipundi–Gudur 3rd and 4th Lines: 90 km covering Andhra Pradesh and Tamil Nadu

Cuttack–Paradeep (Badabandha) 3rd and 4th Lines: 72 km in Odisha

The additional railway lines will help reduce congestion, improve operational efficiency, enhance service reliability and increase rail capacity.

The projects are planned under the Prime Minister Gati Shakti National Master Plan, focusing on integrated planning, multi-modal connectivity and logistics efficiency.

The projects will facilitate smoother movement of passengers, goods and services and strengthen connectivity between important economic centres.

The enhanced railway network will benefit approximately 6,448 villages, covering a population of around 60 lakh people.

 

13) Answer: D

Short Explanation:

India’s Fifth Generation (5G) adoption is projected to reach 62% by 2030, significantly higher than the Asia-Pacific (APAC) average of 50%, according to the Groupe Spécial Mobile Association (GSMA) Mobile Economy Asia Pacific 2026 report.

The report identifies India as one of the region’s “Leading Nations”, along with Bangladesh, Indonesia and Pakistan, highlighting the importance of regulatory modernisation for digital-economy growth.

Mobile technologies and services are expected to contribute around US$1.4 trillion to the APAC economy by 2030, compared with approximately US$1 trillion currently.

Detailed Explanation:

India’s Fifth Generation (5G) adoption is projected to reach 62% by 2030, significantly higher than the Asia-Pacific (APAC) average of 50%, according to the Groupe Spécial Mobile Association (GSMA) Mobile Economy Asia Pacific 2026 report.

The report identifies India as one of the region’s “Leading Nations”, along with Bangladesh, Indonesia and Pakistan, highlighting the importance of regulatory modernisation for digital-economy growth.

Mobile technologies and services are expected to contribute around US$1.4 trillion to the APAC economy by 2030, compared with approximately US$1 trillion currently.

Mobile networks are increasingly becoming the foundation for Artificial Intelligence (AI) adoption, digital trust and resilient digital infrastructure.

India’s information-security spending is projected to grow by 11.7% in 2026, reflecting the rising importance of digital trust and cybersecurity.

The report highlights BharatNet and Pradhan Mantri Gramin Digital Saksharta Abhiyan (PMGDISHA) as important initiatives supporting internet adoption and digital participation in India.

PMGDISHA has trained more than 64 million rural citizens in foundational digital skills.

14) Answer: E

Short Explanation:

Digital Bharat Nidhi (DBN) under the Department of Telecommunications (DoT) has signed an agreement with the Government of Chhattisgarh, Chhattisgarh State BharatNet Infrastructure Limited, Bharat Sanchar Nigam Limited (BSNL) and Chhattisgarh Infotech Promotion Society (CHiPS) for implementing the Amended BharatNet Programme in Chhattisgarh.

The agreement was signed in New Delhi and marks an important step towards strengthening last-mile digital connectivity and promoting inclusive digital growth in the state.

The programme will cover more than 11,000 Gram Panchayats across Chhattisgarh.

Detailed Explanation:

Digital Bharat Nidhi (DBN) under the Department of Telecommunications (DoT) has signed an agreement with the Government of Chhattisgarh, Chhattisgarh State BharatNet Infrastructure Limited, Bharat Sanchar Nigam Limited (BSNL) and Chhattisgarh Infotech Promotion Society (CHiPS) for implementing the Amended BharatNet Programme in Chhattisgarh.

The agreement was signed in New Delhi and marks an important step towards strengthening last-mile digital connectivity and promoting inclusive digital growth in the state.

The programme will cover more than 11,000 Gram Panchayats across Chhattisgarh.

More than 8,000 villages will be provided connectivity on a demand basis, further strengthening rural and last-mile broadband infrastructure.

The Government of India has approved financial support of over ₹3,900 crore for implementation of the programme in Chhattisgarh.

The initiative aims to expand access to high-speed internet and digital services in rural and remote areas.

The programme is expected to support digital inclusion, e-governance, online education, telemedicine, digital financial services and other technology-enabled services in rural communities.

The agreement is expected to accelerate the implementation of BharatNet infrastructure and improve connectivity between Gram Panchayats and villages.

The initiative supports the broader vision of creating a digitally empowered society and knowledge-based economy.

15) Answer: C

Short Explanation:

The Odisha Government has approved 14 investment proposals across 10 districts, involving a cumulative investment of ₹2,780.1 crore and generating an estimated 14,104 employment opportunities.

The approvals were granted at the State Level Single Window Clearance Authority (SLSWCA) meeting chaired by Odisha Chief Secretary Anu Garg.

The investments align with the state’s “Samruddha Odisha 2036” vision, aimed at accelerating industrialisation, employment generation and economic development.

Detailed Explanation:

The Odisha Government has approved 14 investment proposals across 10 districts, involving a cumulative investment of ₹2,780.1 crore and generating an estimated 14,104 employment opportunities.

The approvals were granted at the State Level Single Window Clearance Authority (SLSWCA) meeting chaired by Odisha Chief Secretary Anu Garg.

The investments align with the state’s “Samruddha Odisha 2036” vision, aimed at accelerating industrialisation, employment generation and economic development.

The approved projects cover diverse sectors including food processing, agro-processing, textiles and apparel, chemicals, pharmaceuticals, medical devices, electronics, steel and ferro alloys, steel downstream manufacturing and infrastructure.

Sahana Clothing Company Pvt. Ltd. will establish a ₹251.45 crore readymade garment manufacturing unit in Dhenkanal, with an employment potential of 5,104 jobs.

Haldiram Snacks Food Pvt. Ltd. will invest ₹500 crore in a snacks and baked-products manufacturing unit, expected to generate 800 jobs.

Tiwana Nutrition Global Pvt. Ltd. will invest ₹140 crore in a cattle-feed manufacturing unit, creating around 2,500 jobs.

Premium Chick Feeds Pvt. Ltd. will establish a chick-feed manufacturing unit with an investment of ₹105.38 crore, generating 1,054 jobs.

Pratima Agro Spinning Mill Pvt. Ltd. will invest ₹125 crore in a textile-processing unit in Balangir, focusing on cotton yarn and associated textile-waste products.

Prasol Chemicals Ltd. will invest ₹450 crore in a phosphorus-based derivatives manufacturing plant in Ganjam.

16) Answer: D

Short Explanation:

The Rajasthan Government has initiated the process to operate four major haats at Alwar, Pushkar, Jaisalmer and Nathdwara under the Public-Private Partnership (PPP) model.

The initiative follows an announcement made by the Rajasthan Chief Minister on International Micro, Small and Medium Enterprises (MSME) Day on June 27, 2026.

The haats will provide better marketing and sales platforms to artisans, weavers, women Self-Help Groups (SHGs) and small entrepreneurs.

The initiative will focus on promoting One District One Product (ODOP), Geographical Indication (GI) products, handicrafts and handloom products.

The proposed haats will offer facilities such as modern marketplaces, exhibitions, training programmes and accommodation for participating artisans and entrepreneurs.

Detailed Explanation:

The Rajasthan Government has initiated the process to operate four major haats at Alwar, Pushkar, Jaisalmer and Nathdwara under the Public-Private Partnership (PPP) model.

The initiative follows an announcement made by the Rajasthan Chief Minister on International Micro, Small and Medium Enterprises (MSME) Day on June 27, 2026.

The haats will provide better marketing and sales platforms to artisans, weavers, women Self-Help Groups (SHGs) and small entrepreneurs.

The initiative will focus on promoting One District One Product (ODOP), Geographical Indication (GI) products, handicrafts and handloom products.

The proposed haats will offer facilities such as modern marketplaces, exhibitions, training programmes and accommodation for participating artisans and entrepreneurs.

The PPP model is expected to improve infrastructure, management and market connectivity, helping traditional producers obtain better and fairer prices for their products.

Regular fairs, exhibitions, workshops and skill-development programmes will be organised to strengthen the capabilities and market reach of artisans.

The initiative aims to create stronger linkages between traditional products, tourism and trade, particularly in Rajasthan’s major tourist destinations.

The development of the four haats is expected to provide wider market access, improve income opportunities for artisans and promote Rajasthan’s traditional handicrafts and handloom sector.

 

17) Answer: A

Short Explanation:

Dr. Jitin Prasada, Union Minister of State (MoS), Ministry of Electronics and Information Technology (MeitY), undertook a two-day official visit to Morocco from 24–25 August 2026.

Dr. Jitin Prasada co-chaired the 7th India-Morocco Joint Commission during his visit to Morocco.

He also participated in the Morocco-India Joint Business Forum, organised by the General Confederation of Moroccan Enterprises (CGEM) in Casablanca, Morocco.

Detailed Explanation:

Dr. Jitin Prasada, Union Minister of State (MoS), Ministry of Electronics and Information Technology (MeitY), undertook a two-day official visit to Morocco from 24–25 August 2026.

Dr. Jitin Prasada co-chaired the 7th India-Morocco Joint Commission during his visit to Morocco.

He also participated in the Morocco-India Joint Business Forum, organised by the General Confederation of Moroccan Enterprises (CGEM) in Casablanca, Morocco.

India and Morocco announced plans to double bilateral trade over the next five years, with bilateral trade having crossed USD 4 billion in 2025.

India and Morocco agreed to establish an India-Morocco Joint Working Group (JWG) to explore a Preferential Trade Agreement (PTA) between the two countries.

The 8th session of the India-Morocco Joint Commission will be held in New Delhi, India, in 2027.

18) Answer: B

Short Explanation:

Charles Schwab, a United States (US)-based financial services company, announced the opening of Schwab India, a new 3.45 lakh square feet technology capability centre in Hyderabad, Telangana.

Schwab India will support Charles Schwab’s US business through technology development, engineering talent and operational capabilities.

Charles Schwab plans to scale its Hyderabad workforce to around 2,000 employees by the end of 2027.

Detailed Explanation:

Charles Schwab, a United States (US)-based financial services company, announced the opening of Schwab India, a new 3.45 lakh square feet technology capability centre in Hyderabad, Telangana.

Schwab India will support Charles Schwab’s US business through technology development, engineering talent and operational capabilities.

Charles Schwab plans to scale its Hyderabad workforce to around 2,000 employees by the end of 2027.

As Schwab India expands, the company plans to bring selected technology capabilities currently supported by contractors in India into its in-house operations in Hyderabad.

The new centre will strengthen Charles Schwab’s capabilities in technology, engineering and financial services operations.

Telangana IT Minister D. Sridhar Babu inaugurated the facility along with senior Charles Schwab leadership.

 

18) Answer: C

Short Explanation:

T-Hub (Technology Hub) partnered with the Central Command of the Indian Army (IA) to create a direct pathway for defence startups to develop, validate and deploy technologies addressing real-world military challenges.

The Memorandum of Understanding (MoU) was signed in Hyderabad, Telangana.

The MoU-signing ceremony was attended by Lieutenant General C. J. Jayachandran, Chief of Staff (CoS), Central Command, Indian Army, and Kavikrut, Chief Executive Officer (CEO), T-Hub.

Detailed Explanation:

T-Hub (Technology Hub) partnered with the Central Command of the Indian Army (IA) to create a direct pathway for defence startups to develop, validate and deploy technologies addressing real-world military challenges.

The Memorandum of Understanding (MoU) was signed in Hyderabad, Telangana.

The MoU-signing ceremony was attended by Lieutenant General C. J. Jayachandran, Chief of Staff (CoS), Central Command, Indian Army, and Kavikrut, Chief Executive Officer (CEO), T-Hub.

Under the partnership, T-Hub will receive operational problem statements from the Central Command and identify suitable defence startups to develop solutions.

The partnership connects defence startups with Indian Army operational requirements, enabling startups to develop technologies based on actual military problem statements.

Selected startups will work directly with Indian Army stakeholders on product development, testing, validation and deployment readiness.

Startups will incorporate operational feedback from Army personnel to refine their technologies and ensure that solutions meet real-world defence requirements.

A Joint Oversight Committee will monitor the programme and coordinate engagements between startups and Army stakeholders.

20) Answer: E

Short Explanation:

The Indian Pharmacopoeia Commission (IPC), under the Ministry of Health and Family Welfare (MoHFW), launched 7 Indian Pharmacopoeia Nitrosamine Impurities Reference Standards for the first time.

The new reference standards are aimed at strengthening the accurate detection and quantification of carcinogenic impurities in pharmaceutical products.

The standards were launched at an interactive meeting titled “IP 2026: Perspectives, Suggestions, & Way Forward”, organised by IPC at the Central Drugs Laboratory (CDL) and Central Cosmetics Laboratory (CCL) in Kolkata, West Bengal.

The 7 Nitrosamine Impurities Reference Standards launched by IPC are NDMA, NDEA, NEIPA, NDBA, NMPA, NDIPA and NMBA.

Detailed Explanation:

The Indian Pharmacopoeia Commission (IPC), under the Ministry of Health and Family Welfare (MoHFW), launched 7 Indian Pharmacopoeia Nitrosamine Impurities Reference Standards for the first time.

The new reference standards are aimed at strengthening the accurate detection and quantification of carcinogenic impurities in pharmaceutical products.

The standards were launched at an interactive meeting titled “IP 2026: Perspectives, Suggestions, & Way Forward”, organised by IPC at the Central Drugs Laboratory (CDL) and Central Cosmetics Laboratory (CCL) in Kolkata, West Bengal.

The 7 Nitrosamine Impurities Reference Standards launched by IPC are NDMA, NDEA, NEIPA, NDBA, NMPA, NDIPA and NMBA.

N-Nitrosodimethylamine (NDMA) is one of the newly launched nitrosamine reference standards used for pharmaceutical impurity testing.

N-Nitrosodiethylamine (NDEA) is included among the 7 new Indian Pharmacopoeia reference standards for nitrosamine impurity detection.

N-Nitrosoethylisopropylamine (NEIPA) is one of the 7 nitrosamine impurities for which IPC has introduced a reference standard.

N-Nitrosodibutylamine (NDBA) is included in the newly launched nitrosamine reference standards.

N-Nitrosomethylphenylamine (NMPA) is one of the 7 reference standards introduced by IPC.

N-Nitrosodiisopropylamine (NDIPA) is included among the newly launched Indian Pharmacopoeia Nitrosamine Impurities Reference Standards.

N-Nitroso-N-methyl-4-aminobutyric acid (NMBA) is the seventh nitrosamine reference standard launched by IPC.

 

31) Answer: C

Short Explanation:

The Defence Research and Development Organisation (DRDO) successfully tested the Military Combat Parachute System (MCPS), an indigenous high-altitude parachute, at the Nyoma-Mudh Drop Zone, Leh, Ladakh.

The MCPS demonstrated safe jumps from an altitude of 22,000 feet Above Mean Sea Level (AMSL) under extremely cold conditions of −15°C.

The successful test demonstrated the system’s suitability for special operations and high-altitude military missions.

Detailed Explanation:

The Defence Research and Development Organisation (DRDO) successfully tested the Military Combat Parachute System (MCPS), an indigenous high-altitude parachute, at the Nyoma-Mudh Drop Zone, Leh, Ladakh.

The MCPS demonstrated safe jumps from an altitude of 22,000 feet Above Mean Sea Level (AMSL) under extremely cold conditions of −15°C.

The successful test demonstrated the system’s suitability for special operations and high-altitude military missions.

The MCPS has been designed by the Aerial Delivery Research and Development Establishment (ADRDE), Agra, Uttar Pradesh.

The life-support systems for the MCPS were developed by the Defence Bioengineering and Electromedical Laboratory (DEBEL), Bengaluru, Karnataka.

Test jumpers Rahul Jha, R. J. Singh and Vivek Tiwari successfully conducted jumps using the MCPS.

The test involved the use of indigenous subsystems, including a para computer, oxygen system and specialised jumpsuits, demonstrating a high level of indigenisation.

 

22) Answer: B

Short Explanation:

SpaceX announced an investment of USD 100 billion to build its largest rocket launch complex in southern Louisiana, USA.

The new facility has been named ‘Starbase Louisiana’ and is planned as a major expansion of SpaceX’s Starship launch infrastructure.

Starbase Louisiana is being developed as a self-sustaining spaceport capable of supporting thousands of Starship flights annually.

Detailed Explanation:

SpaceX announced an investment of USD 100 billion to build its largest rocket launch complex in southern Louisiana, USA.

The new facility has been named ‘Starbase Louisiana’ and is planned as a major expansion of SpaceX’s Starship launch infrastructure.

Starbase Louisiana is being developed as a self-sustaining spaceport capable of supporting thousands of Starship flights annually.

The facility is expected to support missions to Earth orbit, the Moon, Mars and beyond, expanding SpaceX’s long-term space exploration capabilities.

SpaceX plans to begin construction of the 125,000-acre Starbase Louisiana site in 2027.

The first Starship launch from Starbase Louisiana is targeted for 2029.

Once operational, Starbase Louisiana would become SpaceX’s fourth launch site in the United States.

It would also become SpaceX’s second Starship-focused launch complex, after Starbase Texas.

23) Answer: E

Short Explanation:

Air India, the Tata Group-owned global airline, entered into an interline partnership with Drukair – Royal Bhutan Airlines, the national flag carrier of Bhutan, to strengthen connectivity between India, Bhutan and international destinations.

The partnership allows passengers to travel on single-ticket itineraries with through-transfer of passengers and baggage, competitive interline fares and convenient connections across both airlines’ networks.

Air India passengers can travel to Paro, Bhutan, via Delhi from Air India’s international network and connect onward with Drukair to Bhutanese domestic destinations such as Bumthang, Gelephu and Yonphula.

Detailed Explanation:

Air India, the Tata Group-owned global airline, entered into an interline partnership with Drukair – Royal Bhutan Airlines, the national flag carrier of Bhutan, to strengthen connectivity between India, Bhutan and international destinations.

The partnership allows passengers to travel on single-ticket itineraries with through-transfer of passengers and baggage, competitive interline fares and convenient connections across both airlines’ networks.

Air India passengers can travel to Paro, Bhutan, via Delhi from Air India’s international network and connect onward with Drukair to Bhutanese domestic destinations such as Bumthang, Gelephu and Yonphula.

Drukair passengers can access Air India’s network through Delhi, Guwahati and Kolkata, connecting to major Indian cities such as Bengaluru, Mumbai and Kochi.

Through the partnership, Drukair passengers can also connect to international destinations including Paris, Frankfurt, London, New York, Melbourne, San Francisco, Sydney, Toronto and Vancouver.

The interline partnership is expected to improve passenger convenience, while supporting tourism, business travel and regional connectivity between India and Bhutan.

 

24) Answer: C

Short Explanation:

The Indian Institute of Creative Technologies (IICT) and Netflix announced scholarships for 100 students and working professionals across India under the Netflix India Storytelling Initiative.

The scholarship provides up to 80% financial support for six professional programmes in the Animation, Visual Effects, Gaming, Comics and Extended Reality (AVGC-XR) ecosystem.

The initiative aims to develop industry-ready creative talent and strengthen India’s AVGC-XR sector.

IICT is India’s premier national Centre of Excellence (CoE) dedicated to the AVGC-XR sector.

Detailed Explanation:

The Indian Institute of Creative Technologies (IICT) and Netflix announced scholarships for 100 students and working professionals across India under the Netflix India Storytelling Initiative.

The scholarship provides up to 80% financial support for six professional programmes in the Animation, Visual Effects, Gaming, Comics and Extended Reality (AVGC-XR) ecosystem.

The initiative aims to develop industry-ready creative talent and strengthen India’s AVGC-XR sector.

IICT is India’s premier national Centre of Excellence (CoE) dedicated to the AVGC-XR sector.

The scholarship covers two one-year diploma programmes: Interactive Comics & Sequential Arts and Visual Effects Mastery.

The initiative also covers four six-month certificate programmes: Virtual Art Department Content Creation, Media Tech Workflow, Art of Character Animation, and E-Sports & Gaming Management.

The Visual Effects Mastery and Media Tech Workflow curricula were developed with Netflix inputs to align with global industry workflows and standards.

The scholarship initiative is part of the Netflix India Storytelling Initiative, focusing on building creative and technical skills for the entertainment and digital media industry.

 

25) Answer: B

Short Explanation:

The National Aeronautics and Space Administration (NASA) is preparing to launch the Nancy Grace Roman Space Telescope, a next-generation flagship space observatory, on 30 August 2026.

The Roman Space Telescope is scheduled to launch aboard a SpaceX Falcon Heavy rocket from the Kennedy Space Center, Florida, USA.

The telescope is designed to investigate major mysteries of the universe, particularly Dark Matter and Dark Energy, and to test Einstein’s theory of gravity on very large cosmic scales.

Roman’s field of view will be at least 100 times larger than that of the Hubble Space Telescope, enabling it to observe a much wider region of the universe.

Roman is expected to survey more than 2 billion galaxies, helping scientists study the structure, evolution and expansion of the universe.

After launch, Roman will travel to the Sun–Earth Lagrange Point 2 (L2), located approximately 1.6 million kilometres from Earth.

Detailed Explanation:

The National Aeronautics and Space Administration (NASA) is preparing to launch the Nancy Grace Roman Space Telescope, a next-generation flagship space observatory, on 30 August 2026.

The Roman Space Telescope is scheduled to launch aboard a SpaceX Falcon Heavy rocket from the Kennedy Space Center, Florida, USA.

The telescope is designed to investigate major mysteries of the universe, particularly Dark Matter and Dark Energy, and to test Einstein’s theory of gravity on very large cosmic scales.

Roman’s field of view will be at least 100 times larger than that of the Hubble Space Telescope, enabling it to observe a much wider region of the universe.

Roman is expected to survey more than 2 billion galaxies, helping scientists study the structure, evolution and expansion of the universe.

After launch, Roman will travel to the Sun–Earth Lagrange Point 2 (L2), located approximately 1.6 million kilometres from Earth.

The L2 region is also where the James Webb Space Telescope (JWST) operates, allowing both observatories to conduct complementary observations.

The Roman Space Telescope has a primary mission lifetime of 5 years, with a goal of operating for up to 10 years.

Roman’s scientific data will eventually be made publicly available after the necessary processing, supporting wider astronomical research.

The telescope is named after Nancy Grace Roman, who was NASA’s first chief astronomer and is widely regarded as the “Mother of Hubble.”

26) Answer: A

Short Explanation:

Sonya Gill, a prominent women’s rights activist and former Maharashtra Secretary of the All India Democratic Women’s Association (AIDWA), passed away on 25 August 2026 at the age of 70 in Mumbai, Maharashtra.

Sonya Gill was the co-founder and trustee of People’s Archive of Rural India (PARI), a digital platform documenting rural India.

She founded PARI in December 2014 along with her husband, renowned journalist P. Sainath.

Gill remained associated with PARI as a trustee and was remembered for her courage, dedication and strong work ethic.

Detailed Explanation:

Sonya Gill, a prominent women’s rights activist and former Maharashtra Secretary of the All India Democratic Women’s Association (AIDWA), passed away on 25 August 2026 at the age of 70 in Mumbai, Maharashtra.

Sonya Gill was the co-founder and trustee of People’s Archive of Rural India (PARI), a digital platform documenting rural India.

She founded PARI in December 2014 along with her husband, renowned journalist P. Sainath.

Gill remained associated with PARI as a trustee and was remembered for her courage, dedication and strong work ethic.

She served as the Secretary of the Maharashtra unit of AIDWA, where she focused on the ideological and organisational training of women activists.

During her early years of activism, she highlighted women’s issues in areas including Mumbai’s BDD chawls, Jijamata Nagar and Delisle Road.

She was known for her long-standing contribution to women’s rights, grassroots activism and social causes.

Sonya Gill was also remembered as a mentor to hundreds of activists associated with the Communist Party of India (Marxist).

 

27) Answer: D

Short Explanation:

Grandmaster R Praggnanandhaa became the first Indian to win the Grand Chess Tour (GCT) title, defeating Fabiano Caruana of the United States in the grand finale at the Saint Louis Chess Club.

Praggnanandhaa made a remarkable comeback after starting the final day 6 points behind Caruana and eventually won the match 15–13.

He secured his maiden Grand Chess Tour title and received a USD 200,000 winning prize.

Detailed Explanation:

Grandmaster R Praggnanandhaa became the first Indian to win the Grand Chess Tour (GCT) title, defeating Fabiano Caruana of the United States in the grand finale at the Saint Louis Chess Club.

Praggnanandhaa made a remarkable comeback after starting the final day 6 points behind Caruana and eventually won the match 15–13.

He secured his maiden Grand Chess Tour title and received a USD 200,000 winning prize.

The Indian Grandmaster won both rapid games, earning 4 points per win, which helped him overturn the six-point deficit and establish a 2-point lead.

In the subsequent four blitz games, Praggnanandhaa and Caruana won one game each, while two games ended in draws.

The final score stood at 15–13 in favour of Praggnanandhaa, making him the first Indian Grand Chess Tour champion.

 

28) Answer: A

Short Explanation:

The Government of India has designated August 14 every year as Partition Horrors Remembrance Day (Vibhajan Vibhishika Smriti Diwas).

The day commemorates the sufferings, sacrifices and deaths of people affected by the Partition of India in 1947.

The observance was announced by Prime Minister Narendra Modi on August 14, 2021, ahead of India’s 75th Independence Day.

Detailed Explanation:

The Government of India has designated August 14 every year as Partition Horrors Remembrance Day (Vibhajan Vibhishika Smriti Diwas).

The day commemorates the sufferings, sacrifices and deaths of people affected by the Partition of India in 1947.

The observance was announced by Prime Minister Narendra Modi on August 14, 2021, ahead of India’s 75th Independence Day.

The day aims to remind present and future generations of the pain, displacement and violence experienced during the Partition.

The Partition of India in 1947 resulted in one of the largest migrations in human history, affecting around 20 million people.

Millions of people were forced to leave their ancestral homes, villages, towns and cities and resettle as refugees across the newly created borders.

29) Answer: B

Short Explanation:

World Senior Citizens Day is observed annually on August 21 to recognise the contributions, wisdom and life experiences of older adults.

The day aims to promote dignity, respect, social inclusion, healthy ageing and the rights and well-being of senior citizens.

The observance highlights the need to address key concerns affecting older people, including healthcare access, emotional well-being, financial security, accessibility and elder rights.

World Senior Citizens Day 2026 will be observed on August 21, 2026.

Detailed Explanation:

World Senior Citizens Day is observed annually on August 21 to recognise the contributions, wisdom and life experiences of older adults.

The day aims to promote dignity, respect, social inclusion, healthy ageing and the rights and well-being of senior citizens.

The observance highlights the need to address key concerns affecting older people, including healthcare access, emotional well-being, financial security, accessibility and elder rights.

It encourages families, schools and communities to promote respect for senior citizens and strengthen intergenerational relationships.

The day also draws attention to the importance of creating supportive, inclusive and age-friendly societies as populations continue to age in many parts of the world.

World Senior Citizens Day 2026 will be observed on August 21, 2026.

 

30) Answer: B

About Indian Pharmacopoeia Commission (IPC) :

Headquarters : Ghaziabad, Uttar Pradesh (UP)

The IPC is an autonomous institution under the Ministry of Health and Family Welfare (MoHFW).

IPC was established in 2005 to strengthen the quality standards of medicines in India.

IPC became fully operational on 1 January 2009.

The primary responsibility of IPC is to prepare and publish the Indian Pharmacopoeia (IP).