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Daily Current Affairs
28 February, 2026
1. India’s first semiconductor ATMP plant inaugurated in 2026 is located in which state?
A. Karnataka
B. Gujarat
C. Maharashtra
D. Tamil Nadu
E. Telangana
Answer: B. Gujarat
Explanation: India’s first semiconductor ATMP (Assembly, Test, Mark, and Package) plant by Micron Technology was inaugurated in Sanand, Gujarat. The facility strengthens India’s semiconductor manufacturing ecosystem and supports the country’s ambition to become a major player in the global electronics supply chain.
2. Which village in Maharashtra declared itself a “caste-free village” in February 2026?
A. Soundala
B. Ralegan Siddhi
C. Hivre Bazar
D. Punsari
E. Hiware
Answer: A. Soundala
Explanation: Soundala village in Maharashtra declared itself a “caste-free village” through a gram sabha resolution. The initiative promotes social equality by eliminating caste-based discrimination and ensuring equal access to public resources like temples, water sources, and schools.
3. The Sustainable Road Safety Financing Project in India was launched by which organization?
A. World Bank
B. Asian Development Bank
C. United Nations Road Safety Fund
D. International Monetary Fund
E. OECD
Answer: C. United Nations Road Safety Fund
Explanation: The UN Road Safety Fund launched the Sustainable Road Safety Financing Project in India in February 2026 to improve road safety financing and support initiatives aimed at reducing road accidents and fatalities.
4. India’s GDP growth rate in Q3 FY26 under the new GDP series was reported at approximately:
A. 6.5%
B. 7.0%
C. 7.8%
D. 8.5%
E. 9.2%
Answer: C. 7.8%
Explanation: According to data released under the new GDP base year series (2022–23), India’s GDP growth slowed slightly to around 7.8% in the third quarter of FY26 compared to the previous quarter.
5. What percentage of India’s international trade is currently conducted in rupees as part of the rupee internationalisation process?
A. About 2%
B. About 5%
C. About 10%
D. About 15%
E. About 20%
Answer: B. About 5%
Explanation: India has started a gradual process of rupee internationalisation. Currently, about 5% of India’s international trade is invoiced or settled in rupees, reflecting early progress in reducing dependence on the US dollar.
6. Special Rupee Vostro Accounts (SRVAs) are mainly used for:
A. Agricultural subsidies
B. Domestic bank settlements
C. International trade settlement in rupees
D. Forex reserve management
E. Cryptocurrency trading
Answer: C. International trade settlement in rupees
Explanation: Special Rupee Vostro Accounts allow foreign banks to hold rupee accounts in India to facilitate trade settlements in Indian rupees, supporting the internationalisation of the currency.
7. India’s foreign exchange reserves declined to approximately what level in February 2026?
A. $650 billion
B. $690 billion
C. $723 billion
D. $780 billion
E. $820 billion
Answer: C. $723 billion
Explanation: According to RBI data, India’s forex reserves declined by about $2.11 billion to around $723.6 billion for the week ending February 20, 2026, mainly due to changes in foreign currency assets.
8. India’s fiscal deficit by January 2026 reached approximately what percentage of the FY26 target?
A. 52%
B. 63%
C. 71%
D. 80%
E. 88%
Answer: B. 63%
Explanation: Data from the Controller General of Accounts showed that India’s fiscal deficit reached about 63% of the annual FY26 target by the end of January 2026, indicating improved fiscal management compared to the previous year.
9. Fortified rice is enriched mainly with which of the following nutrients?
A. Calcium, Zinc, Vitamin D
B. Iron, Folic Acid, Vitamin B12
C. Magnesium, Potassium, Vitamin A
D. Zinc, Vitamin C, Iron
E. Calcium, Iron, Vitamin K
Answer: B. Iron, Folic Acid, Vitamin B12
Explanation: Fortified rice contains added micronutrients such as iron, folic acid, and vitamin B12 to combat malnutrition and anaemia among vulnerable populations.
10. Fortified rice distribution in India has been implemented through which of the following programmes?
A. PM Garib Kalyan Anna Yojana
B. Targeted Public Distribution System
C. PM POSHAN Scheme
D. Integrated Child Development Services
E. All of the above
Answer: E. All of the above
Explanation: Fortified rice distribution has been implemented through several welfare schemes such as PM Garib Kalyan Anna Yojana, TPDS under NFSA, PM POSHAN (Mid-Day Meal), and ICDS to improve nutrition levels across the country.
