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Daily Current Affairs
06 June, 2026
1. The Critical Minerals Global Supply Chain Observatory (GSCO) launched in New Delhi is a joint initiative between India and which country?
A. Australia
B. Germany
C. United Kingdom
D. Japan
E. France
Answer: C. United Kingdom
Explanation: GSCO is a bilateral initiative launched by India and the United Kingdom to monitor global critical mineral supply chains and strengthen resource security.
2. Which of the following is a key feature of the Critical Minerals Global Supply Chain Observatory (GSCO)?
A. Regulation of global mineral prices
B. Real-time supply chain monitoring and risk detection
C. Issuance of mining licenses
D. Collection of customs duties
E. Export restriction enforcement
Answer: B. Real-time supply chain monitoring and risk detection
Explanation: GSCO uses data-driven monitoring, predictive modelling, and market intelligence to identify supply-chain disruptions and strategic risks.
3. India’s first Flex-Fuel Passenger Vehicle launched in 2026 was developed by which company?
A. Tata Motors
B. Hyundai
C. Mahindra & Mahindra
D. Maruti Suzuki
E. Toyota Kirloskar
Answer: D. Maruti Suzuki
Explanation: Maruti Suzuki developed India’s first Flex-Fuel Passenger Vehicle capable of running on ethanol blends ranging from E20 to E100.
4. A Flex-Fuel Vehicle (FFV) can operate on ethanol-petrol blends ranging from:
A. E5 to E20
B. E10 to E50
C. E20 to E100
D. E30 to E85
E. E50 to E100
Answer: C. E20 to E100
Explanation: The newly launched FFV can automatically adapt to any ethanol-petrol blend between E20 and E100 using a fuel composition sensor and ECU.
5. Which wetland became India’s 100th Ramsar Site on World Environment Day 2026?
A. Loktak Lake
B. Wular Lake
C. Kolleru Lake
D. Surha Tal (Jai Prakash Narayan Bird Sanctuary)
E. Sambhar Lake
Answer: D. Surha Tal (Jai Prakash Narayan Bird Sanctuary)
Explanation: Surha Tal in Ballia district of Uttar Pradesh was designated as India’s 100th Ramsar Site on 5 June 2026.
6. The Ramsar Convention on Wetlands was signed in which country?
A. Switzerland
B. Iran
C. Netherlands
D. Sweden
E. Norway
Answer: B. Iran
Explanation: The Ramsar Convention was signed in 1971 in Ramsar city, Iran, and serves as the global framework for wetland conservation.
7. The RBI Monetary Policy Committee (MPC) decided to keep the repo rate unchanged at what level in June 2026?
A. 4.75%
B. 5.00%
C. 5.25%
D. 5.50%
E. 5.75%
Answer: C. 5.25%
Explanation: The MPC unanimously decided to maintain the repo rate at 5.25% while continuing with a neutral policy stance.
8. Under the RBI’s Scale-Based Regulation (SBR) framework, which layer of NBFCs faces the strictest regulations and mandatory listing requirements?
A. Base Layer
B. Middle Layer
C. Retail Layer
D. Upper Layer
E. Top Layer
Answer: D. Upper Layer
Explanation: Upper Layer NBFCs are considered systemically significant and are subject to stricter regulatory norms, including mandatory listing requirements.
9. The StAR NPS platform launched in June 2026 was introduced by which regulator?
A. RBI
B. SEBI
C. IRDAI
D. PFRDA
E. IFSCA
Answer: D. PFRDA
Explanation: PFRDA launched the StAR NPS platform to simplify digital onboarding and registration for National Pension System subscribers.
10. The Regulatory Sandbox Framework introduced by PFRDA became effective from:
A. 1 April 2026
B. 1 May 2026
C. 2 June 2026
D. 1 July 2026
E. 15 June 2026
Answer: C. 2 June 2026
Explanation: The Regulatory Sandbox Framework became effective on 2 June 2026 to facilitate controlled testing of innovative pension-sector solutions.
