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Daily Current Affairs Quiz: 11 June 2026

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1. Which principle under the UNFCCC and Paris Agreement recognises that all countries share responsibility for climate action, but developed nations bear greater responsibility due to historical emissions?

A. Polluter Pays Principle
B. Precautionary Principle
C. CBDR-RC Principle
D. Intergenerational Equity Principle
E. Sustainable Development Principle

Answer: C. CBDR-RC Principle

Explanation: Common But Differentiated Responsibilities and Respective Capabilities (CBDR-RC) is a foundational principle of the UNFCCC and Paris Agreement, recognising greater responsibility of developed nations due to historical emissions.

2. Vinimay, inaugurated at Vigyan Bhawan, is developed by which organisation?

A. CBIC
B. NIC
C. DGFT
D. Land Ports Authority of India (LPAI)
E. BSF

Answer: D. Land Ports Authority of India (LPAI)

Explanation: Vinimay is the renamed LPMS platform developed by the Land Ports Authority of India under the Ministry of Home Affairs to facilitate seamless operations at land ports.

3. The Vinimay platform integrates with which system for logistics chain visibility and real-time logistics data?

A. GSTN
B. ULIP
C. PM Gati Shakti Portal
D. GeM
E. SWAMITVA

Answer: B. ULIP

Explanation: Vinimay integrates with the Unified Logistics Interface Platform (ULIP) for logistics chain visibility and access to real-time logistics data.

4. The RBI’s draft Counterparty Credit Risk (CCR) framework has been aligned primarily with which global banking standards?

A. Basel I
B. Basel II
C. Basel III
D. IFRS Standards
E. IOSCO Principles

Answer: C. Basel III

Explanation: The RBI’s draft CCR framework aligns India’s banking regulations with Basel III standards governing counterparty credit risk and capital adequacy.

5. Which of the following is an example of a Central Counterparty (CCP) in India for government securities and forex markets?

A. NSE
B. SEBI
C. CCIL
D. SIDBI
E. NABARD

Answer: C. CCIL

Explanation: The Clearing Corporation of India Limited (CCIL) acts as a Central Counterparty for government securities and foreign exchange transactions.

6. Under the RBI’s revised lending norms, what minimum proportion of underlying REIT/InvIT assets must have generated positive operational cash flows for at least one year?

A. 50%
B. 60%
C. 70%
D. 80%
E. 90%

Answer: D. 80%

Explanation: RBI replaced the earlier three-year operational requirement with a cash-flow-based criterion requiring at least 80% of underlying assets to generate positive operational cash flows for one year.

7. The aggregate exposure of all banks to a single REIT or InvIT and its SPVs cannot exceed what percentage of the trust’s asset value?

A. 25%
B. 35%
C. 49%
D. 60%
E. 75%

Answer: C. 49%

Explanation: RBI has retained the prudential cap that aggregate bank exposure to a trust and its SPVs/holding companies cannot exceed 49% of the trust’s asset value.

8. According to the EAC-PM paper, what is the Priority Sector Lending (PSL) target for Small Finance Banks (SFBs)?

A. 40% of ANBC
B. 50% of ANBC
C. 60% of ANBC
D. 75% of ANBC
E. 90% of ANBC

Answer: C. 60% of ANBC

Explanation: Small Finance Banks are mandated to lend 60% of their Adjusted Net Bank Credit (ANBC) to priority sectors.

9. SAMRIDHI-M-CAD, launched in April 2025, operates under which Union Ministry?

A. Ministry of Agriculture & Farmers Welfare
B. Ministry of Rural Development
C. Ministry of Environment, Forest and Climate Change
D. Ministry of Jal Shakti
E. Ministry of Panchayati Raj

Answer: D. Ministry of Jal Shakti

Explanation: SAMRIDHI-M-CAD (Modernisation of Command Area Development and Water Management Programme) was launched under the Ministry of Jal Shakti to improve irrigation efficiency.

10. Which of the following rice varieties is a GI-tagged rice from Bihar?

A. Pokkali Rice
B. Joha Rice
C. Chak-Hao Black Rice
D. Katarni Rice
E. Navara Rice

Answer: D. Katarni Rice

Explanation: Katarni Rice is a Geographical Indication (GI)-tagged rice variety from Bihar. Another GI-tagged rice from Bihar is Marcha Rice.

Source: Daily Current Affairs (DCA) 11 June, 2026

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