Daily Current Affairs Quiz25 March, 2026 National Affairs 1. Global Terrorism Index 2026 Source: Mint Context: Institute for Economics and Peace releases Global Terrorism Index 2026 What is Global Terrorism Index? Key Findings Country Rankings Most Affected Countries METHODOLOGY DATA Important For: MCQs Q.1) Global Terrorism Index is released by: [1] United Nations[2] World Bank[3] Institute for Economics and Peace[4] IMF[5] Interpol Answer: [3] Q.2) GTI score ranges between: [1] 0 to 5[2] 1 to 10[3] 0 to 10[4] 10 to 100[5] 0 to 100 Answer: [3] Q.3) India’s rank in GTI 2026 is: [1] 10[2] 11[3] 12[4] 13[5] 14 Answer: [4] Q.4) Which country ranked first in GTI 2026? [1] Nigeria[2] Mali[3] Pakistan[4] Niger[5] Burkina Faso Answer: [3] Q.5) GTI measures: [1] Economic growth[2] Climate change[3] Impact of terrorism[4] Population growth[5] Trade Answer: [3] 2. Internal Audit Portal (Ministry of Rural Development) Context: Ministry of Rural Development launches real-time Internal Audit Portal What is the Internal Audit Portal? Important For: MCQs Q.1) Internal Audit Portal is launched by: [1] Ministry of Finance[2] Ministry of Rural Development[3] NITI Aayog[4] RBI[5] SEBI Answer: [2] Q.2) The portal is developed by: [1] ISRO[2] DRDO[3] NIC[4] MeitY directly[5] RBI Answer: [3] 3. Jal Seva Aankalan Framework Context: Government operationalises Jal Seva Aankalan Framework under Jal Jeevan Mission What is the Framework? Key Features Community-Led Assessment Gram Sabha Validation Digital Data Integration Important For: MCQs Q.1) Jal Seva Aankalan Framework is associated with: [1] Urban sanitation[2] Rural drinking water assessment[3] Irrigation projects[4] River cleaning[5] Groundwater extraction Answer: [2] Q.2) Which body conducts ground-level assessment? [1] District Collector[2] Gram Sabha[3] Village Water & Sanitation Committee[4] NITI Aayog[5] Parliament Answer: [3] 4. Remission of Duties and Taxes on Exported Products (RoDTEP) Context: Government restores full benefits under Remission of Duties and Taxes on Exported Products What is RoDTEP? KEY FEATURES Coverage Digital Mechanism WTO Compliance BACKGROUND Important For: MCQs Q.1) RoDTEP scheme aims to: [1] Provide direct subsidies to exporters[2] Refund un-rebated taxes and duties[3] Increase imports[4] Control inflation[5] Regulate banking Answer: [2] Q.2) RoDTEP replaced: [1] SEZ scheme[2] GST[3] MEIS[4] FDI policy[5] EXIM Bank Answer: [3] Q.3) RoDTEP is compliant with: [1] IMF norms[2] World Bank rules[3] WTO rules[4] RBI guidelines[5] SEBI norms Answer: [3] Q.4) Benefits under RoDTEP are given as: [1] Cash transfer[2] Tax exemption certificates[3] Duty credit scrips[4] Bonds[5] Subsidy cheques Answer: [3] Q.5) FOB value refers to: [1] Cost including insurance[2] Value at export point excluding freight and insurance[3] Domestic price[4] Import value[5] Tax value Answer: [2] 5. Raajmarg Infra Investment Trust (RIIT) Context: National Highways Authority of India sponsored Raajmarg Infra Investment Trust listed on Bombay Stock Exchange What is RIIT? KEY FEATURES Asset Monetisation Investment Management Revenue Generation Regulatory Framework Important For? MCQs Q.1) RIIT is: [1] A banking institution[2] A mutual fund for equities[3] An Infrastructure Investment Trust[4] A government department[5] A pension fund Answer: [3] Q.2) RIIT is primarily used for: [1] Tax collection[2] Asset monetisation of highways[3] Loan disbursement[4] Insurance services[5] Export promotion Answer: [2] Q.3) InvITs are regulated by: [1] RBI[2] SEBI[3] NABARD[4] IRDAI[5] Finance Commission Answer: [2] Q.4) Minimum distribution requirement in InvITs is: [1] 50%[2] 60%[3] 70%[4] 80%[5] 90% Answer: [5] Q.5) Revenue for RIIT mainly comes from: [1] Taxes[2] Toll collection[3] GST[4] Imports[5] Donations Answer: [2] 6. Corruption Perceptions Index 2025 Context: Transparency International releases Corruption Perceptions Index 2025 What is Corruption Perceptions Index (CPI)? KEY FINDINGS Global Trends INDIA’S PERFORMANCE Trend Analysis Comparative Position DATA POINTS Important For: MCQs Q.1) CPI is released by: [1] World Bank[2] IMF[3] Transparency International[4] UNDP[5] OECD Answer: [3] Q.2) CPI score range is: [1] 0–10[2] 0–50[3] 0–100[4] 10–100[5] 1–100 Answer: [3] Q.3) India’s CPI 2025 score is: [1] 35[2] 37[3] 39[4] 41[5] 45 Answer: [3] Q.4) CPI measures: [1] Actual corruption cases[2] Perceived corruption[3] Economic growth[4] Poverty[5] Inflation Answer: [2] Q.5) Higher CPI score indicates: [1] Higher corruption[2] Lower corruption[3] No relation[4] Economic growth[5] Political stability Answer: [2] 7. Transgender Persons (Protection of Rights) Amendment Bill, 2026 Context: Lok Sabha passes Transgender Persons Amendment Bill 2026 What is the Bill? KEY PROVISIONS Removal of Self-Identification Rights Mandatory Medical Verification Protection-Oriented Measures Banking/Finance 1. SEBI Proposal – Gift Cards for Mutual Fund Investments Context: Gift Prepaid Payment Instruments (PPIs) for Mutual Funds What is the Proposal? SEBI has proposed allowing Gift Prepaid Payment Instruments (PPIs), which can be purchased by an individual and gifted to another person, who can then use them to invest in mutual fund units. Why is it Important? Key Features DATA POINTS Important For? MCQs Q.1) Gift PPIs are proposed by: [1] RBI[2] SEBI[3] NABARD[4] IRDAI[5] Finance Ministry Answer: [2] Q.2) Gift PPIs can be used for: [1] Any purchase[2] Mutual fund investments only[3] Loan repayment[4] Insurance premium[5] Tax payment Answer: [2] Q.3) Maximum investment allowed via Gift PPIs is: [1] ₹10,000[2] ₹25,000[3] ₹50,000[4] ₹1,00,000[5] No limit Answer: [3] Q.4) Validity of Gift PPIs is: [1] 6 months[2] 1 year[3] 2 years[4] 5 years[5] Unlimited Answer: [2] Q.5) Which is mandatory for recipient? [1] PAN only[2] Aadhaar only[3] KYC compliance[4] Bank account abroad[5] GST registration Answer: [3] 2. RBI Push for Unified View of Payment Mandates Context: Unified Mandate View Across Payment Systems What is the Proposal? RBI has proposed an interoperable system enabling users to view all recurring payment mandates (standing instructions) across platforms like: in one unified dashboard (bird’s-eye view). Key Features RBI Digital Initiatives: MCQs Q.1) Consider the following statements: Options:[1] 1 only[2] 1 and 2 only[3] 1 and 3 only[4] 2 and 3 only[5] 1, 2 and 3 Answer: [3] Q.2) The main objective of RBI’s proposal is: [1] Increase tax revenue[2] Improve transparency and customer protection[3] Promote cash economy[4] Reduce digital payments[5] Control inflation Answer: [2] Q.3) Payment mandate refers to: [1] One-time payment[2] Recurring auto-debit instruction[3] Loan approval[4] Tax payment[5] Insurance premium Answer: [2] Q.4) MuleHunter is used for: [1] Loan processing[2] Detecting mule accounts[3] Payment settlement[4] KYC verification[5] Tax filing Answer: [2] Q.5) Interoperability means: [1] Cash usage across banks[2] Seamless integration of different

Daily Current Affairs Quiz24 March, 2026 National Affairs 1. SWAMIH Investment Fund II to Be Launched Source: HT Context: The Government of India is in the process of launching SWAMIH Investment Fund II, a ₹15,000-crore fund aimed at completing stalled housing projects and providing relief to distressed homebuyers. The announcement was made by Nirmala Sitharaman in Parliament. About SWAMIH Fund Full Form Key Features of SWAMIH Investment Fund II 1. Fund Size 2. Objective 3. Target Segment 4. Implementation Status Background SWAMIH Fund I Purpose: Outcome: 2. Stealth Frigate Taragiri (F41) Context: The Indian Navy is set to commission the stealth frigate Taragiri (F41) on 03 April 2026 at Visakhapatnam. The warship is a key milestone under indigenous defence manufacturing and aligns with the vision of Aatmanirbhar Bharat. About Stealth Frigate Taragiri Built By Indigenous Content Significance: Key Features 1. Stealth Capabilities 2. Advanced Weapon Systems 3. Modern Design About Project 17A 3. Iran–Pakistan–India (IPI) & TAPI Pipelines Context: The ongoing West Asia crisis has disrupted global energy supplies, highlighting India’s dependence on imported hydrocarbons. This has renewed focus on cross-border pipeline projects like the IPI and TAPI pipelines. Iran–Pakistan–India (IPI) Pipeline Key Features 1. Objective 2. Capacity 3. Strategic Significance Current Status Reasons for India’s Exit (2007) 4. Centre Launches AI Skilling Drive with Google & YouTube Source: TH Context: The Government of India, led by Union Minister Ashwini Vaishnaw, launched key initiatives to boost India’s media, broadcasting, and digital ecosystem, with a focus on strengthening the creative (orange) economy. Key Initiatives Launched 1. National AI Skilling Initiative Key Features: Phase I (March–June 2026): Phase II (July–December 2026): 2. MyWAVES Platform Features: Objective: 3. TV Broadcasting Reforms Benefit: What is the “Orange Economy”? Examples: 5. Centre to Amend Foreign Contribution (Regulation) Act Source: TH Context: The Union Government is set to introduce amendments to the Foreign Contribution (Regulation) Act, 2010 during the ongoing Parliament session. The proposed changes aim to strengthen regulation, accountability, and oversight of foreign-funded NGOs. Key Proposed Amendments 1. Appointment of “Designated Authority” Applicable when: 2. Expansion of “Key Functionary” Definition The term will now include: 3. Liability of Key Functionaries Implication: 4. Prior Approval for Investigation Concern: 5. Fixed Timelines for Fund Utilisation Earlier Situation: Benefit: 6. Reduction in Punishment Objective: Background About FCRA Current Scenario Banking/Finance 1. Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0) Source: Mint Context: The Government of India launched the Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0) in March 2026 to inject ₹20,000 crore liquidity into the microfinance sector and support financial inclusion. About CGSMFI-2.0 Purpose: Implementing Agencies Aim of the Scheme Key Features 1. Tiered Guarantee Coverage Focus: Prioritises smaller institutions 2. Interest Rate Regulation 3. Low Guarantee Fee 4. Time-bound Scheme 5. Target Beneficiaries 2. Net FDI Negative for Fifth Straight Month Source: TH Context: India’s Net Foreign Direct Investment (FDI) remained negative for the fifth consecutive month in January 2026, as per data released by the Reserve Bank of India. Outflows exceeded inflows by nearly $1.4 billion, indicating pressure on India’s external sector. Key Data Highlights Net FDI Position FDI Outflows (a) Outward FDI by Indian Companies (b) Repatriation & Disinvestment Key Reasons for Negative Net FDI 1. Rising Repatriation 2. Decline in Fresh Inflows 3. Increased Outward Investments Economic Implications 1. External Sector Pressure 2. Currency Depreciation Risk 3. Investment Climate Concerns 3. SEBI Approves Conflict of Interest Panel Recommendations Source: ET Context: The Securities and Exchange Board of India (SEBI) has approved key recommendations of a High-Level Committee on Conflict of Interest to strengthen governance, transparency, and ease of doing business in financial markets. Key Decisions Taken by SEBI 1. Strengthening Conflict of Interest Framework Inclusion as “Insiders” Digital Conflict Monitoring Institutional Mechanisms Role: Separate Regulations for Board Members 2. Simplification of “Fit and Proper Person” Norms Who are intermediaries? Revised Criteria 3. Major Reform for Foreign Portfolio Investors (FPIs) Net Settlement System Introduced Earlier System: Benefits: 4. Boost to Social Impact Investments Objective: 4. RBI in Talks with 4–5 Countries on Cross-Border CBDC Context: The Reserve Bank of India (RBI) is in discussions with 4–5 countries, including Asian and European economies, to develop cross-border transaction systems using Central Bank Digital Currency (CBDC). What is CBDC? Key Developments 1. Cross-Border CBDC Collaboration Objective: 2. Expected Benefits (a) Lower Remittance Costs (b) Faster Transactions (c) Reduced Compliance Layers Agriculture 1. Agri-Photovoltaics (AgriPV) Source: TH Context: India’s push for 300 GW solar capacity by 2030 and net-zero by 2070 is increasing pressure on land resources. With agriculture already occupying over half of India’s land, Agri-Photovoltaics (AgriPV) is emerging as a sustainable solution to balance energy and food security. The Union Budget 2026–27 increased allocation for PM-KUSUM Scheme to ₹5,000 crore, reinforcing farmer-centric solarisation. What is Agri-Photovoltaics (AgriPV)? Types of AgriPV Systems 1. Elevated Systems 2. Row-Based Systems 3. Vertical Systems 4. Greenhouse-Integrated Systems Crop Selection Strategy Key Principle Suitable Crops Regional Examples Benefits of AgriPV 1. Dual Land Use Efficiency 2. Increased Farmer Income 3. Environmental Benefits 4. Energy & Rural Development Facts To Remember 1. North Korea’s Kim reappointed as President of state affairs: state media North Korea’s rubber-stamp legislature has re-elected Kim Jong-un as President of state affairs, state media reported on Monday. 2. S. Thyagarajan, doyen of sports journalism, passes away S. Thyagarajan, 85, veteran sports correspondent, who worked with The Hindu for more than five decades, passed away here on Monday. 3. Outward Remittances Under LRS Decline by 3.2% in Jan 2026 Outward remittances under the Liberalised Remittance Scheme of the Reserve Bank of India declined 3.19% year-on-year (Y-o-Y) to $2.68 billion in January 2026, indicating moderation in overseas spending by Indian residents. 4. Bharat Electricity Summit 2026 Held in New Delhi; Carbon Market Portal Launched First edition of Bharat Electricity Summit 2026 was held at Yashobhoomi from March 19–22, 2026, inaugurated by Manohar Lal Khattar, organised by Bureau of Energy Efficiency, with theme “Electrifying Growth. Empowering Sustainability. Connecting Globally”, and featured launch of Indian Carbon Market Portal. 5. Government Launches CGSMFI 2.0 to Boost