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Daily Current Affairs
21 & 22 March, 2026
1. Suraksha Sankalp Karyashala is primarily related to which sector?
A. Agriculture Development
B. HIV/AIDS Management
C. Rural Employment
D. Education Reform
E. Digital Governance
Answer: B. HIV/AIDS Management
Explanation: Suraksha Sankalp Karyashala is a national-level workshop initiative organised by the Ministry of Health and Family Welfare through NACO to strengthen HIV/AIDS management at the district level.
2. The Suraksha Sankalp Karyashala focuses on how many priority districts in India?
A. 150
B. 180
C. 200
D. 219
E. 250
Answer: D. 219
Explanation: The initiative adopts a district-focused strategy covering 219 priority districts with localized interventions based on data analysis.
3. The 95:95:95 (or 95:95:99) targets under HIV/AIDS aim to achieve which of the following?
A. Vaccination coverage
B. Disease eradication through sanitation
C. Diagnosis, treatment, and viral suppression
D. Universal health insurance
E. Nutritional security
Answer: C. Diagnosis, treatment, and viral suppression
Explanation: The targets aim for 95% of people knowing their HIV status, 95% of diagnosed individuals receiving treatment, and 95–99% achieving viral suppression.
4. PRARAMBH 2026 is associated with which major reform?
A. GST Amendment
B. Labour Code Implementation
C. New Income Tax Act, 2025
D. Banking Regulation Act
E. SEBI Reforms
Answer: C. New Income Tax Act, 2025
Explanation: PRARAMBH 2026 is a nationwide awareness campaign to ensure smooth implementation of the new Income Tax Act, 2025 effective from 1 April 2026.
5. Which AI-based tool has been introduced under PRARAMBH 2026?
A. Tax Mitra
B. Kar Saathi
C. Digi Tax Helper
D. FinBot
E. Bharat AI
Answer: B. Kar Saathi
Explanation: ‘Kar Saathi’ is an AI chatbot introduced to provide real-time assistance and simplify taxpayer queries under PRARAMBH 2026.
6. Interest Subvention on Export Credit is mainly intended to:
A. Increase export taxes
B. Provide subsidies to importers
C. Reduce cost of borrowing for exporters
D. Promote domestic consumption
E. Strengthen banking capital
Answer: C. Reduce cost of borrowing for exporters
Explanation: Interest subvention is an interest subsidy provided to exporters on pre- and post-shipment credit to make financing cheaper, especially for MSMEs.
7. Under the revised export credit interest subvention scheme, when does the benefit stop?
A. After 6 months
B. After loan restructuring
C. When loan becomes NPA
D. After export completion
E. After RBI approval
Answer: C. When loan becomes NPA
Explanation: As per the revised norms, interest subvention is discontinued from the date the loan is classified as a Non-Performing Asset (NPA).
8. The revised export credit interest subvention scheme is applicable to loans disbursed after:
A. January 1, 2025
B. April 1, 2025
C. January 2, 2026
D. March 31, 2026
E. July 1, 2026
Answer: C. January 2, 2026
Explanation: The scheme applies only to export credit disbursed on or after January 2, 2026, ensuring new loans follow updated norms.
9. The recent depreciation of the Indian Rupee to ₹93.72 per US dollar was mainly driven by:
A. Increase in exports
B. Decline in imports
C. High dollar demand and rising crude oil prices
D. RBI intervention
E. Decrease in inflation
Answer: C. High dollar demand and rising crude oil prices
Explanation: The rupee depreciated due to increased demand for dollars by importers and a surge in global crude oil prices, impacting India’s import bill.
10. What is the current repo rate mentioned after RBI’s rate cuts since February 2025?
A. 4.50%
B. 5.00%
C. 5.25%
D. 5.75%
E. 6.00%
Answer: C. 5.25%
Explanation: After reducing the repo rate by 125 basis points since February 2025, the RBI has maintained the current repo rate at 5.25%.
