Daily Current Affairs Quiz12 February, 2026 International Affairs 1. Corruption Perceptions Index (CPI) 2025 Why in News? In February 2026, Transparency International (TI) released the Corruption Perceptions Index (CPI) 2025, ranking countries based on perceived levels of public sector corruption. India’s Performance Global Highlights Top Performing Countries About the Corruption Perceptions Index (CPI) National Affairs 1. PLASTINDIA 2026 Held at Bharat Mandapam, New Delhi Source: PIB Why in News? The 12th International Plastics Exhibition, Conference & Convention — PLASTINDIA 2026 — was held from February 5 to 10, 2026, at Bharat Mandapam, New Delhi. The event was inaugurated by Rekha Gupta, Chief Minister of Delhi. About PLASTINDIA 2026 Organisers Key Highlights Major Announcements & Releases Plastic Industry Status Report 2025 Startup Search Initiative Awards 2. AIIA Signs MoU with GIC to Enable Cashless Ayush Treatment Across 32 Insurers Source: News on Air Why in News? In February 2026, the All India Institute of Ayurveda (AIIA) signed a Memorandum of Understanding (MoU) with the General Insurance Council (GIC) to introduce cashless treatment facilities for eligible Ayurveda healthcare services. Key Highlights of the MoU Coverage and Benefits Ayush Health Insurance Helpline About AIIA About General Insurance Council (GIC) 3. Union MoS Jitin Prasada Launches STQC Lab Automation Portal ‘SATYA’ Source: News on Air Why in News? In February 2026, Union Minister of State Jitin Prasada (Ministry of Electronics & IT and Ministry of Commerce & Industry) inaugurated the STQC Lab Automation Portal ‘SATYA’ in New Delhi. About SATYA Portal Development Purpose Key Features Beneficiaries 4. IAF and Royal Thai Air Force Conduct Joint In-Situ Air Exercise Source: TOI Why in News? On February 10, 2026, the Indian Air Force (IAF) and the Royal Thai Air Force (RTAF) conducted a joint in-situ air exercise to enhance operational coordination and interoperability between the two forces. About the India–Thailand In-Situ Exercise Assets Deployed Indian Air Force (IAF) Royal Thai Air Force (RTAF) 5. IAF’s Vayu Shakti 2026 Source: PIB Why in News? The Indian Air Force (IAF) will conduct its biennial firepower exercise Vayu Shakti 2026 on February 27 at the Pokhran air-to-ground range in Rajasthan. The exercise will prominently feature frontline fighter aircraft and highlight the operational success of Operation Sindoor. About Vayu Shakti Major Platforms Participating Banking/Finance 1. CPI Base Revision from 2012 to 2024 Why in News? The Ministry of Statistics and Programme Implementation (MoSPI) is undertaking a base revision of the Consumer Price Index (CPI) from 2012 to 2024, aligning the index with changing consumption patterns and improving data collection methods. What is CPI? Why Base Revision is Needed Key Features of CPI 2024 Series 2. RBI Proposes Ban on Third-Party Sales Incentives Source: BS Why in News? The Reserve Bank of India (RBI) has issued draft amendment directions to curb mis-selling of financial products by banks. The proposals include banning third-party sales incentives and introducing stricter consumer protection norms. Public comments have been invited until March 4, 2026. The norms are proposed to come into effect from July 1, 2026. Background What are Third-Party Sales Incentives? Third-party sales incentives are rewards or payments given to bank employees (or agents) by external financial companies—such as insurance companies, mutual fund houses, or NBFCs—for selling their products through the bank. Key Proposals Ban on Third-Party Incentives No Bundling or Forced Sales Explicit Customer Consent Refund and Compensation Customer Protection Measures Feedback Mechanism Suitability Assessment Conduct Norms for Agents 3. SEBI Mandates 2x Peak Load Capacity for Commodity Exchanges Source: ET Why in News? The Securities and Exchange Board of India (SEBI) has introduced a new infrastructure planning and real-time performance monitoring framework for exchanges and clearing corporations in the commodity derivatives segment. Key Provisions Capacity Requirement Earlier Norm (2016 Guidelines) Objective of the New Framework Background Agriculture 1. BIOFACH 2026 Source: BS Why in News? India has been designated as the ‘Country of the Year’ at BIOFACH 2026, the world’s leading trade fair for organic food and agriculture, held annually in Nuremberg, Germany. What is BIOFACH? Organising Authority Aim Significance of ‘Country of the Year’ Status Strengthening India’s Global Organic Leadership Boost to Agricultural Exports Promotion of GI-Tagged Products Empowerment of FPOs and Regional Producers Soft Power & Culinary Diplomacy Products Showcased Organic rice (including basmati), Oilseeds, Herbs and spices, Pulses, Cashew, Ginger, Turmeric, Large cardamom, Cinnamon, Mango puree, Essential oils Facts To Remember 1. Bhanwala wins bronze in 25m rapid-fire pistol Anish Bhanwala clinched bronze in the men’s 25m rapid-fire pistol event of the Asian Rifle/Pistol Championship at the Dr. Karni Singh Shooting Range. It is his third Asian Championship medal. 2. FDI Inflow in Banking Sector Declines in FY25 The Ministry of Finance informed the Rajya Sabha that FDI equity inflows into the banking sector fell to USD 115 million in FY25 from USD 898 million in FY23. SBI recorded the highest foreign shareholding among PSBs at 11.07%, and over 56.31 crore Mudra loans worth Rs 37.31 lakh crore have been sanctioned since PMMY’s launch. 3. BOBCARD Launches Braille-Enabled Premier Credit Card BOBCARD introduced a Braille-enabled Premier Credit Card to enhance accessibility for visually impaired users. The card combines inclusive design with premium benefits such as travel rewards and lounge access. 4. PB Pay Receives RBI Authorisation as Payment Aggregator PB Pay Private Limited received RBI’s Certificate of Authorisation to operate as a Payment Aggregator under the PSS Act, 2007. The approval allows it to onboard merchants and process digital payments including UPI and card transactions. 5. Safer Internet Day – February 10 Safer Internet Day 2026 was observed on 10 February under the theme “Smart Tech, Safe Choices.” India ranked first in the 2026 Digital Well-Being Index, marking its fourth consecutive year at the top. 6. World Unani Day – February 11 World Unani Day is observed annually on 11 February to mark the birth anniversary of Hakim Ajmal Khan. The 2026 theme was “Innovation and Evidence in Unani Practice,” highlighting integration of traditional medicine with modern research. 7. Delhi Launches Lakhpati Bitiya Yojana The Delhi Government announced the

Daily Current Affairs Quiz11 February, 2026 National Affairs 1. Amendment on Information Technology Act, 2021 Source: TH Why in News? The Union Government has notified amendments to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021, mandating prominent labelling of photorealistic AI-generated content. The amended provisions will come into force on February 20, 2026. Key Provisions of the Amendment Rules, 2026 1. Mandatory Labelling of AI-Generated Content 2. Definition of Synthetic Media The amended rules define synthetically generated content as: The final definition is narrower than the draft version released in October 2025. 3. Reduced Takedown Timelines The amendments significantly shorten the timeline for removal of unlawful content: Earlier, platforms were given 24–36 hours for content removal. 4. Safe Harbour Implications 2. Corporate Average Fuel Efficiency (CAFE)-III Why in News? The proposal to relax emission targets for small cars under the upcoming Corporate Average Fuel Efficiency (CAFE)-III norms is still under discussion, according to the Power Ministry Secretary. What are CAFE Norms? CAFE (Corporate Average Fuel Efficiency) norms mandate automobile manufacturers to maintain a prescribed average fuel efficiency across their fleet of vehicles sold in a given year. Background 3. Mangrove Clam (Geloina erosa) Source: BL Why in News? The ICAR-Central Marine Fisheries Research Institute (CMFRI) has successfully achieved induced breeding of the mangrove clam under captive conditions, marking a rare global scientific breakthrough in molluscan aquaculture. About Mangrove Clam Habitat 4. Network Readiness Index (NRI) 2025 Source: PIB Why in News? India improved its rank to 45th globally (up 4 places) in the Network Readiness Index (NRI) 2025, with its score rising to 54.43/100, reflecting stronger digital and network preparedness. About Network Readiness Index (NRI) The Network Readiness Index (NRI) is a global index that assesses how effectively countries leverage information and communication technologies (ICTs) to promote: Published by Prepared by the Portulans Institute, an independent non-profit research and educational institution based in Washington, DC. Aim of the Index India’s Performance in NRI 2025 Rank & Score Areas of Global Leadership India ranked 1st globally in: Strong Infrastructure & Usage India secured 2nd rank globally in: Market Scale Income-Level Performance 5. Form 7 Controversy Source: TH Why in News? Form 7 has become controversial during the ongoing Special Intensive Revision (SIR) of electoral rolls following allegations of bulk and fraudulent deletion requests targeting eligible voters. What is Form 7? Form 7 is a statutory form used to object to the inclusion of a name in the electoral roll. It can be used to: Legal Basis Aim of Form 7 6. Lyriothemis keralensis Source: TOI Why in News? Researchers have discovered and formally described a new dragonfly species from Kerala, named Lyriothemis keralensis, highlighting the State’s rich but underexplored biodiversity. About Lyriothemis keralensis The species name keralensis reflects its geographical origin. About Odonata Banking/Finance 1. Sebi May Tighten Scrutiny of IPO and QIP Proceeds Why in News? The Securities and Exchange Board of India (SEBI) is considering tightening oversight norms for utilisation of funds raised through public and institutional issuances. At the same time, Gold ETFs have, for the first time, recorded higher net inflows than active equity mutual funds. Part I: Sebi Proposes Stricter Monitoring of IPO, QIP and Rights Issue Proceeds Proposed Changes Part II: Gold ETFs Surpass Equity Funds in Inflows For the first time, Gold Exchange-Traded Funds (ETFs) attracted higher net inflows than active equity mutual funds. 2. RBI Proposes Higher Unsecured Loan Cap for UCBs Source: News on Air Why in News? The Reserve Bank of India (RBI) has issued draft norms proposing changes in the unsecured loan exposure limits for Urban Cooperative Banks (UCBs). Higher Unsecured Loan Limit for Urban Cooperative Banks Key Proposal Individual Exposure Limits Within the overall ceiling, individual unsecured loan limits will be: What are Unsecured Loans? Unsecured loans are loans that are not backed by collateral or security. The lender does not have any claim over a specific asset if the borrower defaults. Examples of Unsecured Loans 3. Surplus Liquidity Fuels Record Parking in RBI’s SDF Source: ET Why in News? Banks have parked a record ₹4.52 lakh crore in the Standing Deposit Facility (SDF) window of the Reserve Bank of India (RBI), amid surplus liquidity in the banking system. What is the Standing Deposit Facility (SDF)? Current LAF corridor structure: Why Was SDF Introduced? 4. RBI Proposes Exempting Smaller NBFCs from Registration Requirement Source: Mint Why in News? The Reserve Bank of India (RBI) has issued draft directions proposing to exempt certain small non-banking financial companies (NBFCs) from mandatory registration, citing their lower risk profile and limited systemic impact. The draft norms are open for public comments until 4 March and are proposed to take effect from 1 April. Key Proposal NBFCs meeting the following criteria may be exempted from registration with RBI: These entities will be categorised as “Unregistered Type I NBFCs.” Rationale According to RBI: The move is intended to reduce compliance burden and improve ease of doing business. Scale-Based Regulation (SBR) Framework In October 2021, RBI introduced the Scale-Based Regulatory Framework (SBR) for NBFCs, classifying them into: Type I NBFCs (base layer) were recognised as low-risk entities deserving lighter regulation. The present draft operationalises this distinction by offering exemption from registration to eligible entities. Definitions Clarified by RBI Public Funds Includes: Customer Interface Includes: Exception: Agriculture 1. Centre Set to Increase MSP for Minor Forest Produce Source: ET Why in News? For the first time since the COVID-19 pandemic, the Union Government is set to increase the Minimum Support Price (MSP) for 87 Minor Forest Produce (MFP) items collected by forest dwellers. The revision is likely to be implemented from the next financial year. Background The guidelines mandate revision of MSP every three years, but no revision has taken place in the last six years. The last hike occurred in May 2020 during the pandemic. Key Developments About Minor Forest Produce (MFP) Minor Forest Produce includes: These are critical sources of livelihood for forest-dwelling tribal communities. Facts To Remember 1. Sofiya