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Daily Current Affairs Quiz: 28 May 2026

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1. The Bharat Forecast System (BFS) has been developed to enhance India’s capabilities in:
A) Cybersecurity monitoring
B) Weather forecasting
C) Digital governance
D) Railway safety
E) Defence intelligence

Answer: B) Weather forecasting

Explanation: The Bharat Forecast System is an advanced weather prediction model designed to improve forecasting accuracy and climate monitoring in India.

2. AI Kosha initiative is aimed at strengthening India’s:
A) Agricultural extension network
B) Artificial Intelligence ecosystem
C) Tourism industry
D) Space research programme
E) Digital taxation framework

Answer: B) Artificial Intelligence ecosystem

Explanation: AI Kosha provides datasets, tools, and infrastructure to support AI innovation, research, and development in India.

3. Bhargavastra is an indigenous system developed for:
A) Missile interception
B) Anti-drone operations
C) Weather forecasting
D) Space communication
E) Underwater surveillance

Answer: B) Anti-drone operations

Explanation: Bhargavastra is an indigenous anti-drone system designed to detect and neutralize hostile unmanned aerial vehicles.

4. Exercise Shakti 2026 was conducted jointly between India and:
A) Japan
B) Russia
C) France
D) Australia
E) United States

Answer: C) France

Explanation: Exercise Shakti is a bilateral military exercise conducted by India and France to strengthen defence cooperation and interoperability.

5. PM Surya Ghar Muft Bijli Yojana promotes the installation of:
A) Wind turbines
B) Rooftop solar systems
C) Hydropower units
D) Biofuel plants
E) Nuclear generators

Answer: B) Rooftop solar systems

Explanation: The scheme encourages households to install rooftop solar systems and generate clean electricity while reducing energy expenses.

6. RBI’s framework for Self-Regulatory Organisations (SROs) in fintech aims to encourage:
A) Foreign bank acquisitions
B) Industry-led self-regulation
C) Cryptocurrency mining
D) Gold monetization
E) Elimination of NBFCs

Answer: B) Industry-led self-regulation

Explanation: The RBI framework promotes responsible innovation, compliance, and governance standards through industry-led self-regulation in fintech.

7. A Core Investment Company (CIC) primarily holds investments in:
A) Government securities only
B) Foreign exchange reserves
C) Group companies
D) Insurance funds
E) Agricultural cooperatives

Answer: C) Group companies

Explanation: Core Investment Companies mainly invest in and hold shares of group companies and are regulated by RBI.

8. RBI’s Digital Payments Index (DPI) is used to measure:
A) Inflation trends
B) Digital payment adoption
C) Fiscal deficit levels
D) Corporate profits
E) Foreign investment inflows

Answer: B) Digital payment adoption

Explanation: The Digital Payments Index measures the growth and penetration of digital payment systems across India.

9. PMFBY is a flagship scheme related to:
A) Agricultural exports
B) Crop insurance
C) Organic certification
D) Irrigation development
E) Dairy farming

Answer: B) Crop insurance

Explanation: Pradhan Mantri Fasal Bima Yojana (PMFBY) provides insurance coverage to farmers against crop losses caused by natural calamities and adverse weather conditions.

10. Natural farming primarily seeks to reduce dependence on:
A) Irrigation facilities
B) Farm mechanization
C) Chemical fertilizers and pesticides
D) Certified seeds
E) Agricultural credit

Answer: C) Chemical fertilizers and pesticides

Explanation: Natural farming promotes environmentally sustainable agriculture by minimizing the use of synthetic fertilizers and chemical pesticides.

Source: C4S Daily Current Affairs 28 May 2026

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