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Daily Current Affairs Quiz: 1 April 2026

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1. What was the primary objective of the IONS IMEX TTX 2026 exercise conducted by the Indian Navy?
A) Conduct real-time naval warfare drills
B) Test nuclear submarine capabilities
C) Simulate maritime scenarios in a discussion-based environment
D) Train only Indian Navy personnel
E) Conduct live missile testing

Answer: C) Simulate maritime scenarios in a discussion-based environment

Explanation: IMEX TTX 2026 was a Table-Top Exercise (TTX), which focuses on simulated, discussion-based scenarios to test coordination and decision-making without deploying actual naval assets.

2. The Indian Ocean Naval Symposium (IONS) was launched in which year?
A) 2005
B) 2008
C) 2010
D) 2012
E) 2015

Answer: B) 2008

Explanation: IONS was launched by India in 2008 to enhance maritime cooperation among countries in the Indian Ocean Region.

3. Why is the Baltic Sea unsuitable for humpback whales?
A) High temperature and pollution
B) Lack of oxygen in water
C) Low salinity and absence of prey like krill
D) Presence of predators
E) High tidal waves

Answer: C) Low salinity and absence of prey like krill

Explanation: Humpback whales require saline ocean water and feed on krill. The Baltic Sea lacks both suitable salinity and prey, making survival difficult.

4. What makes the Andaman and Nicobar Command (ANC) strategically significant for Exercise Dweep Shakti?
A) It hosts only naval forces
B) It is India’s nuclear command center
C) It is India’s only tri-service unified theater command
D) It is used only for training foreign troops
E) It is located on mainland India

Answer: C) It is India’s only tri-service unified theater command

Explanation: ANC integrates Army, Navy, and Air Force under one command, making it ideal for joint exercises like Dweep Shakti focused on island defense.

5. What is the key objective of NASA’s Artemis II mission?
A) Establish a permanent Mars colony
B) Conduct robotic exploration of Moon
C) Test systems for sustained human presence beyond Earth orbit
D) Deploy satellites in low-Earth orbit
E) Land humans directly on Moon

Answer: C) Test systems for sustained human presence beyond Earth orbit

Explanation: Artemis II is a crewed mission designed to test deep-space systems and pave the way for long-term lunar exploration, not immediate landing.

6. What is the maximum export credit tenure allowed by RBI under the latest relief measures?
A) 270 days
B) 300 days
C) 365 days
D) 450 days
E) 540 days

Answer: D) 450 days

Explanation: RBI extended export credit tenure up to 450 days to ease liquidity pressure due to global trade disruptions.

7. What is the extended time limit for repatriation of export proceeds under RBI relief?
A) 9 months
B) 12 months
C) 15 months
D) 18 months
E) 24 months

Answer: C) 15 months

Explanation: RBI increased the repatriation period from 9 months to 15 months to support exporters facing delays due to geopolitical issues.

8. What is the system-wide cap on loans for purchase of shares as per RBI’s revised norms?
A) ₹10 lakh
B) ₹25 lakh
C) ₹50 lakh
D) ₹1 crore
E) ₹5 crore

Answer: D) ₹1 crore

Explanation: RBI introduced a system-wide cap of ₹1 crore per borrower to prevent excessive leverage across multiple banks.

9. Which of the following is NOT a pillar of the Supervisory Data Quality Index (sDQI)?
A) Accuracy
B) Timeliness
C) Profitability
D) Consistency
E) Completeness

Answer: C) Profitability

Explanation: sDQI evaluates data quality based on Accuracy, Timeliness, Completeness, and Consistency—not profitability.

10. Under the revised RBI norms, what is the deadline for AD Category-I banks to submit ECB returns?
A) 3 days
B) 5 days
C) 7 days
D) 10 days
E) 15 days

Answer: C) 7 days

Explanation: RBI mandated that ECB returns must be submitted within 7 calendar days to improve reporting efficiency and compliance.

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