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Daily Current Affairs
23 March, 2026
1. The Corporate Laws (Amendment) Bill, 2026 proposes to amend which of the following Acts?
A. Companies Act, 2013 only
B. LLP Act, 2008 only
C. Both Companies Act, 2013 and LLP Act, 2008
D. Insolvency and Bankruptcy Code, 2016
E. SEBI Act, 1992
Answer: C. Both Companies Act, 2013 and LLP Act, 2008
Explanation: The Corporate Laws (Amendment) Bill, 2026 aims to amend both the Companies Act, 2013 and the Limited Liability Partnership Act, 2008 to simplify regulations and improve ease of doing business.
2. What is the primary objective of the Finance Bill, 2026?
A. To regulate corporate governance
B. To implement Union Budget proposals
C. To amend labour laws
D. To regulate banking sector
E. To control inflation
Answer: B. To implement Union Budget proposals
Explanation: The Finance Bill provides legal backing to taxation, revenue mobilisation, and fiscal policy measures proposed in the Union Budget 2026–27.
3. Exercise Lamitiye 2026 is conducted between India and which country?
A. Maldives
B. Sri Lanka
C. Seychelles
D. Mauritius
E. Indonesia
Answer: C. Seychelles
Explanation: Exercise Lamitiye is a bilateral military exercise between India and Seychelles. “Lamitiye” means friendship in Creole, reflecting strong strategic ties.
4. The National DMF Summit 2026 focuses on improving the utilisation of funds under which programme?
A. Smart Cities Mission
B. Aspirational Districts Programme
C. PM Gati Shakti
D. Digital India Mission
E. Make in India
Answer: B. Aspirational Districts Programme
Explanation: The summit focuses on effective utilisation of District Mineral Foundation funds, especially in Aspirational Districts and Blocks (ADP/ABP).
5. What is the key reform proposed by SEBI regarding Foreign Portfolio Investors (FPIs)?
A. Introduction of new taxes
B. Netting of funds for settlement
C. Ban on intraday trading
D. Restriction on foreign investment
E. Mandatory listing of all FPIs
Answer: B. Netting of funds for settlement
Explanation: SEBI proposes allowing FPIs to settle only the net amount of buy and sell transactions, reducing capital requirements and improving efficiency.
6. The UPI-linked overdraft facility launched by Bank of Baroda is targeted at:
A. Corporate firms
B. Urban salaried individuals
C. Women SHG members with PMJDY accounts
D. Foreign investors
E. MSMEs only
Answer: C. Women SHG members with PMJDY accounts
Explanation: The initiative provides digital micro-credit up to â‚ą5,000 to verified women SHG members holding Jan Dhan accounts.
7. The Depositor Education and Awareness (DEA) Fund is managed by:
A. SEBI
B. Ministry of Finance
C. RBI
D. NABARD
E. SIDBI
Answer: C. RBI
Explanation: The DEA Fund is maintained by RBI and holds unclaimed deposits, which are later used for investor awareness and protection initiatives.
8. Real-time crop monitoring primarily uses which of the following technologies?
A. Blockchain only
B. AI and IoT sensors
C. Manual surveys
D. Paper-based records
E. Telephone-based reporting
Answer: B. AI and IoT sensors
Explanation: Real-time crop monitoring uses AI analytics, IoT sensors, and satellite data to track crop health, soil quality, and irrigation patterns.
9. What is the main benefit of using QR codes in agricultural supply chains?
A. Increase crop yield
B. Reduce labour cost
C. Provide traceability and transparency
D. Improve irrigation
E. Reduce pesticide usage
Answer: C. Provide traceability and transparency
Explanation: QR codes allow consumers to access information about crop origin, farming practices, and quality, improving trust and transparency.
10. How does Artificial Intelligence (AI) contribute to agriculture?
A. Replaces farmers completely
B. Eliminates need for irrigation
C. Converts farm data into actionable insights
D. Stops climate change
E. Removes need for fertilizers
Answer: C. Converts farm data into actionable insights
Explanation: AI helps analyse complex agricultural data, enabling better decision-making, predictive analytics, and improved crop management.
