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Daily Current Affairs
11 April, 2026
1. The Integrated Air Drop Test (IADT-02) conducted by Indian Space Research Organisation is primarily associated with which mission?
A) Chandrayaan-3
B) Aditya-L1
C) Gaganyaan
D) Mangalyaan
E) RISAT
Answer: C) Gaganyaan
Explanation: IADT-02 is a crucial test under the Gaganyaan mission to validate safe crew module recovery systems.
2. What was the main objective of the Integrated Air Drop Test (IADT-02)?
A) Testing rocket propulsion
B) Testing astronaut training systems
C) Validating parachute-based deceleration system
D) Launching satellites
E) Testing communication systems
Answer: C) Validating parachute-based deceleration system
Explanation: The test ensured that the parachute system can safely slow down the crew module during re-entry.
3. The National Scheduled Tribes Finance and Development Corporation operates under which ministry?
A) Ministry of Finance
B) Ministry of Rural Development
C) Ministry of Tribal Affairs
D) Ministry of MSME
E) Ministry of Social Justice
Answer: C) Ministry of Tribal Affairs
Explanation: NSTFDC is a PSU functioning under the Ministry of Tribal Affairs to support tribal entrepreneurship.
4. What is the primary function of NSTFDC?
A) Provide free subsidies
B) Offer concessional loans for income-generating activities
C) Provide government jobs
D) Invest in large industries
E) Manage tribal land records
Answer: B) Offer concessional loans for income-generating activities
Explanation: NSTFDC provides low-interest loans to Scheduled Tribes to promote sustainable livelihoods and entrepreneurship.
5. The Central Armed Police Forces (General Administration) Act, 2026 initially applies to how many forces?
A) Three
B) Four
C) Five
D) Seven
E) All police forces
Answer: C) Five
Explanation: The Act applies to CRPF, BSF, CISF, ITBP, and SSB—collectively known as the “Big Five” CAPFs.
6. Under the CAPF Act 2026, what percentage of Director General (DG) posts are reserved for IPS officers?
A) 50%
B) 67%
C) 75%
D) 100%
E) 25%
Answer: D) 100%
Explanation: The Act mandates that all DG and Special DG posts in CAPFs will be filled by IPS officers on deputation.
7. According to the Reserve Bank of India draft norms, what is the asset threshold for NBFCs to be classified under the Upper Layer?
A) â‚ą50,000 Crore
B) â‚ą75,000 Crore
C) â‚ą1 Trillion
D) â‚ą5 Trillion
E) â‚ą10 Trillion
Answer: C) â‚ą1 Trillion
Explanation: RBI has set ₹1 trillion as the threshold, beyond which NBFCs will be subject to stricter “bank-like” regulations.
8. For how many consecutive years must an NBFC remain below the threshold to exit the Upper Layer classification?
A) 1 year
B) 2 years
C) 3 years
D) 5 years
E) 10 years
Answer: D) 5 years
Explanation: RBI introduced a 5-year persistence rule to prevent frequent movement between regulatory layers.
9. In the context of RBI’s recent warning, what does “arbitrage” mean?
A) Fixing exchange rates
B) Profit from price differences in different markets
C) Government subsidy
D) Currency printing
E) Tax collection
Answer: B) Profit from price differences in different markets
Explanation: Arbitrage involves exploiting price differences of the same asset (like currency) across markets to earn profit.
10. What was the effect of banks buying dollars locally and selling them offshore?
A) Strengthened the Rupee
B) Increased RBI reserves
C) Weakened the Rupee further
D) Reduced inflation
E) Had no impact
Answer: C) Weakened the Rupee further
Explanation: Excess demand for dollars in the domestic market increased pressure on the Rupee, leading to depreciation.
