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Daily Current Affairs Quiz: 10 & 11 March 2026

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1. According to the SIPRI Report 2025, which country emerged as the largest arms importer during 2021–2025?

A. India
B. Saudi Arabia
C. Ukraine
D. China
E. Egypt

Answer: C. Ukraine

Explanation: As per the SIPRI Report 2025, Ukraine became the largest arms importer with a share of 9.7% of global arms imports, mainly due to the ongoing conflict with Russia.

2. LaBL 2.0 initiative launched by TERI primarily focuses on which of the following?

A. Nuclear energy expansion
B. Urban infrastructure development
C. Decentralised renewable energy access
D. Defence technology innovation
E. Artificial intelligence research

Answer: C. Decentralised renewable energy access

Explanation: LaBL 2.0 (Lighting a Billion Lives 2.0) is a decentralised renewable energy programme aimed at providing clean energy access in rural and underserved areas.

3. The Commission on the Status of Women (CSW) operates under which UN body?

A. UN General Assembly
B. UN Security Council
C. UN Economic and Social Council
D. UNESCO
E. UNICEF

Answer: C. UN Economic and Social Council

Explanation: CSW is a functional commission of the UN Economic and Social Council (ECOSOC), established in 1946 to promote gender equality and women’s empowerment.

4. Under the Indian Constitution, the Chief Election Commissioner can be removed in the same manner as which of the following?

A. President of India
B. Prime Minister
C. Supreme Court Judge
D. Attorney General
E. Comptroller and Auditor General

Answer: C. Supreme Court Judge

Explanation: As per Article 324(5), the Chief Election Commissioner can only be removed in the same manner and on the same grounds as a judge of the Supreme Court, ensuring independence of the Election Commission.

5. What is the maximum dividend payout allowed by RBI under the revised guidelines for banks?

A. 50% of net profit
B. 60% of PAT
C. 75% of PAT
D. 90% of PAT
E. 100% of PAT

Answer: C. 75% of PAT

Explanation: RBI has capped dividend payouts at 75% of Profit After Tax (PAT), subject to conditions like capital adequacy and asset quality.

6. In Open Market Operations (OMO), what happens when RBI purchases government securities?

A. Liquidity decreases
B. Interest rates increase
C. Liquidity increases
D. Inflation rises immediately
E. Currency depreciates

Answer: C. Liquidity increases

Explanation: When RBI purchases government securities, it injects money into the banking system, thereby increasing liquidity.

7. What is the key benefit of allowing NBFCs to include quarterly profits in their capital base?

A. Reduction in tax liability
B. Increased lending capacity
C. Elimination of NPAs
D. Lower interest rates
E. Reduced regulatory compliance

Answer: B. Increased lending capacity

Explanation: Recognising quarterly profits as capital allows NBFCs to expand lending and investment activities during the financial year.

8. What is the main objective of green bonds issued by banks like Bank of Baroda?

A. Funding defence projects
B. Financing government salaries
C. Supporting environmentally sustainable projects
D. Increasing foreign exchange reserves
E. Funding infrastructure unrelated to climate

Answer: C. Supporting environmentally sustainable projects

Explanation: Green bonds are used to raise funds for projects with environmental benefits such as renewable energy and sustainable infrastructure.

9. What percentage of agricultural landholdings in India are owned by women?

A. 10.5%
B. 13.9%
C. 25%
D. 33%
E. 50%

Answer: B. 13.9%

Explanation: Only 13.9% of agricultural landholdings in India are owned by women, limiting their access to institutional credit and government schemes.

10. Which initiative specifically promotes sustainable agriculture practices among women farmers?

A. PM-KISAN
B. Namo Drone Didi Scheme
C. Mahila Kisan Sashaktikaran Pariyojana
D. PM Fasal Bima Yojana
E. Soil Health Card Scheme

Answer: C. Mahila Kisan Sashaktikaran Pariyojana

Explanation: This programme focuses on empowering women farmers by promoting sustainable agricultural practices and improving their participation in decision-making.

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