Daily Current Affairs Quiz
28 March, 2026
National Affairs
1. Jan Vishwas (Amendment of Provisions) Bill, 2026
Context:
The Government of India has introduced the Jan Vishwas (Amendment of Provisions) Bill, 2026 in the Lok Sabha. The Bill was presented by Jitin Prasada after incorporating recommendations of a Select Committee.
Objective of the Bill
The Bill aims to promote ease of doing business and ease of living by:
- Decriminalising minor offences
- Rationalising penalties
- Reducing compliance burden
- Promoting trust-based governance
Key Features
Decriminalisation of Offences
- Removes imprisonment provisions for minor violations
- Converts criminal offences into civil penalties
Rationalisation of Penalties
- Introduces graded penalties based on severity
- Ensures proportional punishment
Amendment to Multiple Laws
- Modifies provisions across several existing Acts
- Focus on improving regulatory efficiency
Trust-Based Governance
- Shifts from punitive approach to compliance-driven governance
- Encourages voluntary compliance by businesses
What is Decriminalisation?
Decriminalisation means removing criminal penalties (like imprisonment) for certain offences and replacing them with civil penalties such as fines.
Important for which Exams?
- UPSC Prelims & Mains
- State PCS exams
- Governance and Polity topics
MCQs
Q1. The Jan Vishwas (Amendment of Provisions) Bill, 2026 was introduced in which House of Parliament?
[1] Rajya Sabha
[2] Lok Sabha
[3] Joint Session
[4] State Assemblies
Q2. The primary objective of the Jan Vishwas Bill is to:
[1] Increase taxation
[2] Decriminalise minor offences
[3] Strengthen criminal laws
[4] Regulate elections
Q3. The Bill focuses on promoting which type of governance?
[1] Centralised governance
[2] Trust-based governance
[3] Military governance
[4] Judicial governance
Q4. Decriminalisation refers to:
[1] Increasing imprisonment
[2] Removing criminal penalties for certain offences
[3] Introducing new crimes
[4] Strengthening police powers
Q5. The Bill aims to improve which aspect of the economy?
[1] Agricultural output
[2] Ease of doing business
[3] Defence production
[4] Population growth
Answer Key
1 → [2]
2 → [2]
3 → [2]
4 → [2]
5 → [2]
2. Kerala’s ‘MLATrack.com’
Context:
Kerala has launched ‘MLATrack.com’, India’s first digital platform to systematically track the legislative performance of MLAs.
About MLATrack.com
MLATrack.com is a public digital database platform that aggregates and presents detailed data on the performance and legislative activities of Members of the Kerala Legislative Assembly for the term 2021–2026.
Aim
- Enhance transparency in legislative functioning
- Strengthen accountability of elected representatives
- Enable citizens, researchers, and media to assess MLA performance objectively
Key Features
Comprehensive MLA Profiles
- Biodata of MLAs
- Attendance records
- Constituency details and maps
Legislative Activity Tracking
- Tracks over 68,000+ questions
- Covers debates, motions, and interventions
- Provides date-wise records of participation
Data Visualization & Accessibility
- Interactive dashboards for easy understanding
- Hyperlinks to official Assembly responses
- User-friendly interface for public access
MCQs
Q1. ‘MLATrack.com’ is an initiative launched by which state?
[1] Tamil Nadu
[2] Kerala
[3] Karnataka
[4] Maharashtra
[5] Gujarat
Q2. What is the primary objective of MLATrack.com?
[1] Promote tourism
[2] Track MLA performance and enhance transparency
[3] Conduct elections
[4] Provide subsidies
[5] Manage taxation
Answer Key
1 → [2]
2 → [2]
3 → [3]
3. PRISM-SG Portal
Context:
Union Ministers launched the PRISM-SG Portal to digitize approval and inspection processes for steel girders used in Road Over Bridges (ROBs), improving coordination between highways and railways.
About PRISM-SG Portal
Full Form
Portal for Rail-Road Inspection & Stages Management – Steel Girders
What is it?
A dedicated digital platform to streamline technical approvals, inspections, and monitoring in the construction of bridges where roads and railway lines intersect.
Launched On
- 25 March 2026, New Delhi
Implementing Authority
- Ministry of Railways (in coordination with highway authorities)
Objective
- Enhance inter-agency coordination
- Reduce delays in ROB construction
- Digitize approval and inspection processes
- Ensure structural safety and compliance
What are Road Over Bridges (ROBs)?
ROBs are bridges constructed to allow road traffic to pass over railway tracks, eliminating level crossings and improving safety.
Exam Relevance
Important for
- UPSC Prelims & Mains
- State PCS
- Infrastructure & Governance topics
MCQs
Q1. The PRISM-SG Portal is related to which sector?
[1] Agriculture
[2] Bridge construction and infrastructure
[3] Banking
[4] Education
[5] Health
Q2. PRISM-SG is primarily used for managing:
[1] Airport construction
[2] Steel girders in Road Over Bridges
[3] Metro rail projects
[4] Highway toll systems
[5] Port infrastructure
4. Nasha Mukt Vidyalaya Initiative
Context:
The Ministry of Education has released a 3-year Action Plan under the Nasha Mukt Vidyalaya Initiative to combat substance abuse among school students.
About Nasha Mukt Vidyalaya Initiative
Nasha Mukt Vidyalaya (Drug-Free Schools) is a focused initiative under the Nasha Mukt Bharat Abhiyan aimed at making schools a frontline mechanism to prevent drug abuse among youth.
Objective
- Prevent substance abuse among students
- Promote behavioral change through education
- Ensure early identification and intervention
- Build a drug-free school ecosystem
Exam Relevance
Important for
- UPSC Prelims & Mains
- Social Issues (Drug Abuse)
- Government Schemes
MCQs
Q1. Nasha Mukt Vidyalaya Initiative is under which programme?
[1] Beti Bachao Beti Padhao
[2] Nasha Mukt Bharat Abhiyan
[3] Skill India
[4] Samagra Shiksha
[5] Ayushman Bharat
Q2. The initiative is implemented by:
[1] Ministry of Health
[2] Ministry of Education
[3] Ministry of Home Affairs
[4] NITI Aayog
[5] Ministry of Youth Affairs
Answer Key
1 → [2]
2 → [2]
Banking/Finance
1. Gruh Sugam Portal
Context:
The National Housing Bank has launched the Gruh Sugam Portal, a specialized digital lending platform for Defence, paramilitary, and government personnel.
About Gruh Sugam Portal
Gruh Sugam is a digital home loan marketplace that connects government employees with multiple lending institutions, enabling them to apply, compare, and secure housing loans online.
Objective
- Promote financial inclusion
- Facilitate affordable home ownership
- Address challenges faced by personnel in remote or high-altitude postings
- Reduce dependency on physical bank visits
Key Features
Administrative Unit Integration
- Loan applications can be submitted through office/unit systems
- Eliminates need for physical visits to banks
Unified Digital Marketplace
- Allows comparison of multiple loan offers from banks
- Ensures transparency and better choice
Minimal Data Entry
- Basic details required for registration
- Data shared securely with multiple lenders
Seamless Processing
- Integrated with NHB and major financial institutions
- Faster loan approvals and disbursement
Support & Grievance Redressal
- Online chat for real-time assistance
- Dedicated complaint resolution mechanism
Exam Relevance
Important for
- Banking Exam
- RBI
- NABARD
MCQs
Q1. The Gruh Sugam Portal is launched by which organization?
[1] RBI
[2] National Housing Bank
[3] SEBI
[4] NABARD
[5] SIDBI
Q2. The Gruh Sugam Portal is primarily designed for:
[1] Farmers
[2] Defence and government personnel
[3] Private companies
[4] Students
[5] Foreign investors
Q3. What is the main objective of the Gruh Sugam Portal?
[1] Promote exports
[2] Facilitate affordable home loans
[3] Increase tax collection
[4] Support agriculture
[5] Promote tourism
Q4. What is a key feature of the portal?
[1] Manual processing
[2] Comparison of multiple loan offers
[3] Offline applications only
[4] No bank involvement
[5] Limited access
Q5. Gruh Sugam Portal is associated with which sector?
[1] Agriculture
[2] Housing finance
[3] Defence production
[4] Education
[5] Trade
Answer Key
1 → [2]
2 → [2]
3 → [2]
4 → [2]
5 → [2]
2. RBI OMOs Help Banks Cut Treasury Losses in Q4FY26
Context:
In Q4FY26, the Reserve Bank of India conducted large-scale Open Market Operations (OMOs), purchasing around ₹3.5 trillion worth of government bonds. This move came amid rising bond yields triggered by global and domestic factors, including the West Asia geopolitical crisis.
What are Open Market Operations (OMOs)?
OMOs refer to the buying and selling of government securities by the central bank in the open market.
Purpose
- Inject or absorb liquidity
- Stabilize bond yields
- Influence interest rates
Why Were Treasury Losses Rising?
Banks invest heavily in government securities (G-Secs). When bond yields rise, bond prices fall, leading to mark-to-market (MTM) losses.
Key Reasons for Yield Rise
- Escalation of West Asia tensions
- Rise in crude oil prices
- Increase in US Treasury yields
- Rupee depreciation
- Foreign portfolio outflows
How RBI OMOs Helped Banks
Liquidity Support
- Injected durable liquidity into the banking system
Absorption of Losses
- RBI effectively absorbed a portion of MTM losses by buying bonds at lower yields
Profit Booking Opportunity
- Banks participating in OMOs could book profits earlier
Yield Stabilization
- Prevented disorderly spike in yields
What are Mark-to-Market (MTM) Losses?
MTM losses occur when the market value of securities falls below their purchase price.
Impact on Banks
- Reduces treasury income
- Affects quarterly profitability
MCQs
Q1. Open Market Operations (OMOs) are conducted by which institution in India?
[1] Ministry of Finance
[2] Reserve Bank of India
[3] SEBI
[4] NABARD
Q2. When bond yields rise, what happens to bond prices?
[1] Increase
[2] Decrease
[3] Remain constant
[4] Become zero
Q3. What is the primary purpose of OMOs?
[1] Tax collection
[2] Liquidity management
[3] Export promotion
[4] Inflation measurement
Q4. What does MTM loss refer to?
[1] Tax loss
[2] Market value decline of assets
[3] Operational loss
[4] Credit default
Q5. Switch operations by RBI and government aim to:
[1] Increase taxes
[2] Smooth debt maturity profile
[3] Reduce exports
[4] Control inflation directly
Answer Key
1 → [2]
2 → [2]
3 → [2]
4 → [2]
5 → [2]
Facts To Remember
1. Indian Navy Launches ‘Operation Urja Suraksha’ to Secure Energy Supply Routes
Indian Navy launched Operation Urja Suraksha to escort India-bound energy vessels through the Strait of Hormuz, ensuring protection of critical LNG, LPG, and crude oil shipments with active naval deployment.
2. IAF Launches ‘Vayu Baan’ Helicopter-Dropped Drone Project
Indian Air Force initiated Vayu Baan project to develop helicopter-launched drones, enabling stand-off strike capability beyond 50 km and reducing dependence on foreign drone technologies.
3. PRISM-SG Portal Launched to Streamline Road-Rail Bridge Projects
Ministry of Road Transport and Highways and Ministry of Railways launched PRISM-SG portal to digitize approvals, enhance coordination, and reduce project timelines for railway over bridges.
4. Culture Ministry Signs MoU with YouTube to Promote Folk and Tribal Music
Ministry of Culture partnered with YouTube to globally promote India’s folk and tribal music through digital outreach, training, and monetization support.
5. DoP Partners with TRIFED to Boost Tribal E-Commerce Logistics
Department of Posts signed MoU with TRIFED to strengthen logistics for tribal products via e-commerce platforms, ensuring efficient nationwide delivery.
6. Indian Army and IIT Madras Pravartak Collaborate for Defence Indigenisation
Indian Army partnered with IIT Madras Pravartak Technologies Foundation to develop indigenous defence technologies and establish a Nodal Indigenisation Centre in Chennai.
7. Lakshya AMC Receives SEBI Approval to Launch Mutual Fund Business
Securities and Exchange Board of India approved Lakshya AMC to start MF operations, marking expansion of financial services beyond metro cities with Ahmedabad as headquarters.
8. OECD Lowers India’s Growth Forecast to 6.1% for FY27
Organisation for Economic Co-operation and Development projected India’s GDP growth at 6.1% for FY27, citing global uncertainties while maintaining stable long-term outlook.
9. India Retains Inflation Target at 4% for 2026–31 Period
Government of India retained inflation target at 4% with a tolerance band of 2–6% under the Flexible Inflation Targeting framework in consultation with Reserve Bank of India.
10. Balendra Shah Sworn in as Youngest Prime Minister of Nepal
Balendra Shah became Nepal’s youngest PM after electoral victory, marking a major political shift with a majority government formation.
11. Stuti Pradhan Selected for World Youth Parliament 2026
Stuti Pradhan selected to represent India at World Youth Parliament, highlighting youth participation in global policy and leadership forums.
12. Carolina Marín Announces Retirement from Badminton
Carolina Marín announced retirement after an illustrious career, including Olympic gold and multiple World Championship titles.
13. IOC Introduces New Policy for Women’s Category in Sports
International Olympic Committee approved new eligibility policy for female category in sports, focusing on fairness, safety, and scientific criteria for participation.
14. World Theatre Day 2026 Observed on March 27
International Theatre Institute observed the day to celebrate theatre arts and promote cultural exchange and global unity.
15. Earth Hour 2026 Observed on March 28
World Wide Fund for Nature organized Earth Hour encouraging global participation in switching off lights to raise awareness about climate change and sustainability.
