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Daily Current Affairs
21 April, 2026
1. According to recent projections, which regions of India are expected to witness the highest relative increase in forest carbon storage by 2100?
A) Western Ghats
B) Himalayan region
C) Rajasthan and Gujarat
D) Sundarbans
E) Northeast India
Answer: C) Rajasthan and Gujarat
Explanation: Arid and semi-arid regions like Rajasthan and Gujarat have more scope for vegetation growth due to increased rainfall and COâ‚‚ fertilization.
2. What is the primary concept behind “CO₂ fertilization” in forest ecosystems?
A) COâ‚‚ reduces plant growth
B) COâ‚‚ acts as a pesticide
C) Higher COâ‚‚ enhances photosynthesis and plant growth
D) COâ‚‚ destroys soil nutrients
E) COâ‚‚ increases forest fires
Answer: C) Higher COâ‚‚ enhances photosynthesis and plant growth
Explanation: Increased atmospheric COâ‚‚ helps plants grow faster by boosting photosynthesis, provided water and nutrients are sufficient.
3. The proposed G20 Satellite by Indian Space Research Organisation will be placed in which type of orbit?
A) Geostationary Orbit
B) Elliptical Orbit
C) Sun-Synchronous Polar Orbit
D) Low Earth Orbit (random)
E) Lunar Orbit
Answer: C) Sun-Synchronous Polar Orbit
Explanation: This orbit allows the satellite to pass over the same location at the same local time, ensuring consistent environmental data collection.
4. Which instrument onboard the G20 Satellite is designed to measure greenhouse gases like COâ‚‚ and methane?
A) POLSAC
B) HyMATHS
C) EnSAC
D) SACFF
E) INSAT Sensor
Answer: C) EnSAC
Explanation: EnSAC is specifically designed to measure atmospheric trace gases responsible for global warming.
5. The Vishwa Sutra initiative aims to achieve which objective?
A) Promote only traditional clothing in India
B) Replace handlooms with machines
C) Globalize Indian handloom designs through fusion
D) Increase cotton imports
E) Ban synthetic fabrics
Answer: C) Globalize Indian handloom designs through fusion
Explanation: Vishwa Sutra combines Indian weaves with global design sensibilities to make them appealing in international fashion markets.
6. After SEBI’s 2026 amendment, what is the new minimum investment limit for Social Impact Funds (SIFs)?
A) â‚ą2 lakh
B) â‚ą50,000
C) â‚ą10,000
D) â‚ą1,000
E) â‚ą5,000
Answer: D) â‚ą1,000
Explanation: SEBI reduced the minimum investment from â‚ą2 lakh to â‚ą1,000 to encourage retail participation.
7. Social Impact Funds (SIFs) fall under which category of Alternative Investment Funds?
A) Category I
B) Category II
C) Category III
D) Category IV
E) Hybrid Category
Answer: A) Category I
Explanation: SIFs are classified under Category I AIFs, which include socially beneficial investments.
8. What is the primary objective behind RBI easing Non-Deliverable Forward (NDF) curbs in April 2026?
A) Increase speculation in forex markets
B) Stabilize rupee and manage risk
C) Promote cryptocurrency trading
D) Reduce bank profits
E) Encourage retail trading
Answer: B) Stabilize rupee and manage risk
Explanation: RBI eased restrictions after stability returned to forex markets, allowing risk management while limiting speculation.
9. What does “Net Open Position (NOP)” refer to in banking?
A) Total number of bank branches
B) Bank’s total deposits
C) Unhedged foreign exchange exposure
D) Total loans issued
E) Government borrowing
Answer: C) Unhedged foreign exchange exposure
Explanation: NOP represents the net risk a bank carries in foreign currencies without hedging.
10. What is the main purpose of a Social Impact Fund (SIF)?
A) Maximize short-term profits
B) Invest only in foreign stocks
C) Generate social or environmental impact along with returns
D) Provide loans to government
E) Control inflation
Answer: C) Generate social or environmental impact along with returns
Explanation: SIFs aim to fund social enterprises and NPOs while creating measurable social impact.
