Source: News on Air Context The Union Home Minister has officially inaugurated the Land Port Management System (LPMS) platform, now named “Vinimay”, at Vigyan Bhawan in New Delhi. Developed by the Land Ports Authority of India (LPAI) under the Ministry of Home Affairs, Vinimay is a centralised, real-time electronic Single Window for operations across India’s international land ports. The system eliminates nearly 90 per cent of physical paperwork, reduces truck waiting times by 40 to 60 per cent, and cuts gate processing times by 22 to 35 per cent. It integrates ICEGATE, CBIC, BSF, UIDAI, DGFT, ULIP, and the National Motor Vehicle System on one dashboard. Vinimay currently covers India’s 15 active land ports, with capacity to onboard 11 more over the next three years. The Vinimay Platform Database Integrations in Vinimay Key Technology Features What is the Unified Logistics Interface Platform (ULIP)? What is UIDAI? What is ANPR Technology? India’s Major Land Ports / Integrated Check Posts (ICPs) Practice MCQs Q1. With reference to the Vinimay platform of the Land Ports Authority of India, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None (Statement 4 is wrong; the LPMS and Vinimay are under the Ministry of Home Affairs, NOT the Ministry of Commerce and Industry.) Q2. With reference to the performance metrics of the Vinimay platform, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None (Statement 4 is wrong; the platform eliminates manual logbook entries through ANPR automation.) Q3. With reference to the database integrations in the Vinimay platform, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; the platform integrates with both ULIP and the National Motor Vehicle System for logistics and vehicle tracking.) Q4. With reference to India’s land ports network, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; India’s main land port with Pakistan is at Attari, NOT Petrapole. Petrapole is on the India-Bangladesh border.) Answer Key
RBI Issues Draft CCR Framework Aligned with Global Standards
Source: ET Context: The Reserve Bank of India (RBI) has issued draft guidelines for computing banks’ Counterparty Credit Risk (CCR) from derivative transactions and the capital requirements for bank exposures to Central Counterparties (CCPs). The new guidelines bring India’s CCR framework in line with international standards, particularly the Basel III standards. The draft clarifies the scope of CCR across both banking and trading book exposures, treatment of multiple margin agreements and multiple netting sets, and clearing arrangements at SEBI-recognised stock exchanges. Public feedback is open until 1 July 2026, and the guidelines will be effective from 1 April 2027. The Draft Guidelines Categories of Transactions Covered What is Counterparty Credit Risk (CCR)? What is a Derivative? OTC vs Exchange-Traded Derivatives What is a Central Counterparty (CCP)? What are Banking and Trading Books? What is a “Netting Set” and “Margin Agreement”? What are Basel Standards? Practice MCQs Q1. With reference to the RBI’s draft Counterparty Credit Risk (CCR) framework, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None (Statement 4 is wrong; the draft specifically covers capital requirements for bank exposures to Central Counterparties (CCPs).) Q2. With reference to Counterparty Credit Risk (CCR) and derivatives, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; notional value is the face value of a contract, NOT its actual market value.) Q3. With reference to Central Counterparties (CCPs) in India, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; CCPs reduce systemic risk by centralising risk management, collateral, and margining, NOT increase it.) Q4. With reference to Basel standards and banking books, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; Basel I focused primarily on credit risk and capital adequacy, NOT operational risk.) Answer Key Exam Relevance Exam Relevance UPSC Prelims GS Paper III on Indian Economy (RBI, CCR, Derivatives, Basel III, CCPs) UPSC Mains GS Paper III on Indian Economy, Banking, Financial Stability, Derivatives BPSC and State PCS Economy, Banking, Current Affairs Banking (RBI Gr B, SBI PO, IBPS, NABARD) Very high importance, CCR, Basel III, Derivatives, CCPs RBI Grade B Core area on banking and financial regulation
RBI Cancels Registration of 135 NBFCs
Source: Business Standard Context: The Reserve Bank of India (RBI) has cancelled the Certificate of Registration (CoR) of 135 non-banking finance companies (NBFCs), including names like Express Fincap House, Akshay Fiscal Services, Times Finance, Jupiter Projects, Jupiter Finvest, Essel Finance Business Loans, and Citiwide Financial Services. Most of these NBFCs were registered in West Bengal. Separately, 13 NBFCs voluntarily surrendered their certificates after exiting the NBFI business, amalgamating, merging, dissolving, or being voluntarily struck off. The action reflects the RBI’s continued cleanup of the NBFC sector as part of its supervisory and prudential oversight. The RBI Action Voluntary Surrender of Licences What is an NBFC? What is the Certificate of Registration (CoR)? Why is the RBI Cancelling Registrations? What is the Scale-Based Regulation (SBR) Framework for NBFCs? Types of NBFCs (Activity-Based) Practice MCQs Q1. With reference to the RBI’s recent action on NBFCs, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None (Statement 4 is wrong; cancellation of CoR means the NBFC cannot operate as an NBFC, NOT continue operating without oversight.) Q2. With reference to NBFCs in India, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; NBFCs are licensed and regulated by the RBI, NOT SEBI.) Q3. With reference to the Scale-Based Regulation (SBR) framework for NBFCs, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; the SBR framework was introduced by the RBI, NOT SEBI.) Q4. With reference to specialised NBFC categories, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; HFCs are regulated by the RBI since 2019, NOT by SEBI.) Answer Key
RBI Finalises Norms for Bank Lending to REITs and InvITs
Source: Business Standard Context: The Reserve Bank of India (RBI) has finalised amended norms for bank lending to Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). The new directions will be effective from 1 October 2026. The RBI has replaced the earlier draft proposal that required REITs/InvITs to complete three years of operations, with a cash-flow-based eligibility criterion, requiring at least 80 per cent of underlying assets to have generated positive operational cash flows for at least one year. The RBI has also allowed commercial banks to extend acquisition finance to REITs, bringing them on par with InvITs, while Small Finance Banks (SFBs) cannot extend acquisition finance to InvITs. The aggregate bank exposure cap of 49 per cent of a trust’s asset value has been retained. The Key Change. Risk Weights Bank Exposure Limits Aggregate Bank Exposure to a Single Trust What is a REIT? What is an InvIT? Why Are These RBI Norms Important? Practice MCQs Q1. With reference to the RBI’s final norms on bank lending to REITs and InvITs, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None (Statement 4 is wrong; the 3-year operations requirement was dropped in favour of a cash-flow-based test.) Q2. With reference to risk weights and exposure limits under the new norms, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; the RBI has retained internal exposure limits and a prudential ceiling.) Q3. With reference to REITs and InvITs in India, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; REITs and InvITs are regulated by SEBI, NOT by the RBI under the Banking Regulation Act.) Q4. With reference to specific provisions of the new RBI norms, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None (Statement 4 is wrong; the RBI did not accept requests to permit land financing through REITs and InvITs.) Answer Key
EAC-PM Paper Flags Regional Imbalances in Priority Sector Lending
Source: BS Context: A recent working paper by the Economic Advisory Council to the Prime Minister (EAC-PM) has flagged sharp regional imbalances in Priority Sector Lending (PSL) in India. Using district-level quarterly data from 2020 to 2025 covering over 95 per cent of scheduled commercial bank credit, the study finds that fewer than 10 per cent of districts account for over 45 per cent of PSL advances. Districts with the lowest existing PSL penetration show the weakest economic response to additional lending, suggesting that infrastructure, connectivity, and administrative capacity matter as much as credit. The editorial argues for a periodic recalibration of the PSL framework, including more use of PSLCs, bank specialisation, and district-level targeting. The Big Imbalance What the EAC-PM Paper Recommends What is Priority Sector Lending (PSL)? PSL Targets by Bank Type (Locked-in Numbers) Key Sub-Targets within PSL What is a Priority Sector Lending Certificate (PSLC)? What is the Rural Infrastructure Development Fund (RIDF)? What is the EAC-PM? Practice MCQs Q1. With reference to the EAC-PM working paper on Priority Sector Lending (PSL), consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None (Statement 4 is wrong; the EAC-PM paper recommends recalibrating the PSL framework, NOT abolishing it.) Q2. With reference to the institutional differences in PSL delivery in India, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None (Statement 4 is wrong; private banks depended more heavily on market-based PSL compliance mechanisms like PSLCs, NOT direct lending.) Q3. With reference to PSL targets in India, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None (Statement 4 is wrong; UCBs have a PSL target of 60 per cent, NOT 90 per cent.) Q4. With reference to PSL components and reforms, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None Answer Key
SEBI Proposes Overhaul of Executive Remuneration Disclosures by Mutual Fund AMCs
Source: Business Standard Context The Securities and Exchange Board of India (SEBI) has proposed a significant overhaul of executive remuneration disclosures by mutual fund Asset Management Companies (AMCs). The consultation paper, released on Tuesday, proposes replacing individual, name-wise disclosures with consolidated compensation data. The move follows industry concerns about privacy, data protection, and limited investor relevance of individual disclosures. SEBI has also said its analysis shows that the employees covered under the current disclosure norms are only a small proportion of the overall AMC workforce. Public comments on the proposal are open until 30 June 2026. However, legal experts have cautioned that this could weaken an important governance tool. The Current Disclosure Framework (Existing Norms) The Proposed Overhaul (New Norms) What is an Asset Management Company (AMC)? What is a Mutual Fund? The Mutual Fund Structure in India Practice MCQs Q1. With reference to SEBI’s proposed overhaul of executive remuneration disclosures by mutual fund AMCs, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None (Statement 4 is wrong; the proposal replaces name-wise disclosure with consolidated remuneration data.) Q2. With reference to mutual fund structure in India, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; mutual funds are regulated by SEBI, NOT the RBI.) Q3. With reference to investment vehicles regulated by SEBI, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None (Statement 4 is wrong; mutual funds, PMS, and AIFs are all regulated by SEBI, NOT IRDAI.) Q4. With reference to the governance debate raised in the editorial, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; executive remuneration disclosure is not banned in India; it is partly being recalibrated for AMCs.) Answer Key
Chhattisgarh CM Vishnu Deo Sai’s Village Visits
Source: Indian Express Context Chhattisgarh Chief Minister Vishnu Deo Sai has been undertaking unannounced village visits under the Sushasan Tihar 2026 (Good Governance Festival) initiative, where villagers approach him with development requests. As reported by the Indian Express, requests across districts have included GI tags for local rice varieties, irrigation projects, and welfare items like sewing machines. The visits combine direct community interaction, on-the-spot decisions, and ground-level inspection of schemes like the Pradhan Mantri Awas Yojana, Mahtari Vandan Yojana, Krishak Unnati Yojana, and the SAMRIDHI-M-CAD irrigation scheme. The Initiative Examples of Schemes Reaching the Ground What is a GI Tag? Existing Rice GI Tags in India What is SAMRIDHI-M-CAD? What is Mahtari Vandan Yojana? What is Krishak Unnati Yojana? Practice MCQs Q1. With reference to the Geographical Indication (GI) tag system in India, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None Q2. With reference to existing rice GI tags in India, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None Q3. With reference to the SAMRIDHI-M-CAD scheme and lift irrigation projects, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; SAMRIDHI-M-CAD is implemented by the Ministry of Jal Shakti, NOT the Ministry of Defence.) Q4. With reference to Chhattisgarh, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None Answer Key Exam Relevance NABARD Grade A Very high importance, irrigation, agriculture, GI tags, rural welfare
Daily Current Affairs (DCA) 11 June, 2026
Daily Current Affairs Quiz11Â June, 2026 National Affairs 1. India Calls for Dialogue on Climate Finance at Bonn Climate Conference 2026 (SB64) Source: TH Context: At the UN climate change negotiations in Bonn, Germany (SB64), India called for addressing the shrinking pool of international climate finance and the widening adaptation funding gap. India argued that developed countries must honour their legal obligation under Article 9.1 of the Paris Agreement to provide climate finance to developing nations. India highlighted that the adaptation finance gap is 10 to 18 times current public flows, while developing nations need USD 5 to 6 trillion by 2030 to implement their NDCs. India aligned with the G77 and China, LMDCs, and the BASIC bloc. India’s Key Concerns at Bonn (SB64) The Bonn Climate Conference 2026 topic has been covered twice in this conversation (the original article and the “India Calls for Dialogue on Climate Finance” angle). Here is a compact supplementary revision pack with memory aids and fresh MCQs. Bonn Climate Conference 2026 (SB64) The Bonn Climate Conference 2026 is the 64th Sessions of the Subsidiary Bodies (SB64) under the UNFCCC. Held in Bonn, Germany (where the UNFCCC Secretariat sits), it is the mid-year technical and preparatory meeting ahead of COP31. What is Climate Finance? What is the Common But Differentiated Responsibilities (CBDR) Principle? Practice MCQs Q1. With reference to India’s intervention on climate finance at Bonn SB64, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None (Statement 4 is wrong; Article 9.1 of the Paris Agreement makes it legally mandatory for developed countries to provide climate finance.) Q2. With reference to the New Collective Quantified Goal (NCQG) and climate finance frameworks, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None Q3. With reference to climate negotiation blocs that India is part of, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None (Statement 4 is wrong; India is not a member of AOSIS, which is a bloc of small island states.) Q4. With reference to the Common But Differentiated Responsibilities (CBDR) principle, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; CBDR-RC remains the foundational principle of UNFCCC negotiations and has not been abandoned.) Answer Key 2. Bloomberg Global Aggregate Bond Index Source: Business Standard Context: India is currently executing major capital market reforms to secure the inclusion of its government bonds in the prestigious Bloomberg Global Aggregate Bond Index. The reforms include scrapping withholding and capital gains tax on foreign G-sec investments, expanding the Fully Accessible Route (FAR) to new 15-, 30-, and 40-year G-secs, and operational improvements in registration, settlement, and tax processes. Bloomberg Index Services is expected to seek investor feedback on India’s inclusion later this month. Analysts estimate that inclusion could bring USD 20-25 billion in passive foreign investment at a 7-10 per cent index weight (a small share of the global index, but large for India). The Index India’s Inclusion Status What Are FAR Bonds? India’s Position in Global Bond Indices Hierarchy How Does an “Aggregate Bond Index” Work? Key Risks and Cautions Practice MCQs Q1. With reference to the Bloomberg Global Aggregate Bond Index, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None (Statement 4 is wrong; India is a candidate, not yet a constituent, of the Bloomberg Global Aggregate Bond Index.) Q2. With reference to the Fully Accessible Route (FAR), consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; the FAR applies to Indian Government Securities (G-secs), NOT only corporate bonds.) Q3. With reference to India’s bond index inclusion journey, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None (Statement 4 is wrong; the JPMorgan EM index existed long before India’s inclusion, which happened only in June 2024.) Q4. With reference to the macroeconomic significance of global bond index inclusion, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; inclusion is not a one-time event, and continued reform momentum is needed to sustain foreign confidence.) Answer Key Exam Relevance Exam Relevance UPSC Prelims GS Paper III on Indian Economy (Bond Index, G-secs, FAR, FPI, Capital Flows) UPSC Mains GS Paper III on Indian Economy, External sector, Monetary policy, Capital markets BPSC and State PCS Economy, Capital markets, Current Affairs Banking (RBI Gr B, SBI PO, IBPS, NABARD) Very high importance, G-secs, bond markets, FAR, FPI RBI Grade B Core area on external sector and monetary policy SEBI Grade A and IRDAI Grade A Capital markets, FPI flows, bond markets 3. LPMS Inaugurated as “Vinimay” at Vigyan Bhawan Source: News on Air Context The Union Home Minister has officially inaugurated the Land Port Management System (LPMS) platform, now named “Vinimay”, at Vigyan Bhawan in New Delhi. Developed by the Land Ports Authority of India (LPAI) under the Ministry of Home Affairs, Vinimay is a centralised, real-time electronic Single Window for operations across India’s international land ports. The system eliminates nearly 90 per cent of physical paperwork, reduces truck waiting times by 40 to 60 per cent, and cuts gate processing times by 22 to 35
Daily Current Affairs (DCA) 9&10 June, 2026
Daily Current Affairs Quiz9 & 10 June, 2026 International Affairs 1. Bonn Climate Conference 2026 (SB64) Context The Bonn Climate Conference 2026, officially the 64th Sessions of the Subsidiary Bodies (SB64) under the United Nations Framework Convention on Climate Change (UNFCCC), is being held in Bonn, Germany. It is the mid-year technical and preparatory meeting ahead of the annual COP summit. The Global Climate and Health Alliance (GCHA) and other health advocacy groups have urged developed countries to triple public adaptation finance to USD 120 billion annually by 2035. Discussions also covered fossil fuel transition roadmaps, BelĂ©m Adaptation Indicators, food systems, and the Just Transition Mechanism agreed at COP30. The Conference What is the Bonn Climate Conference? What is the UNFCCC and the COP Process? What is the Paris Agreement? What is the Glasgow Climate Pact (COP26)? What was COP30 (BelĂ©m, Brazil, 2025)? Practice MCQs Q1. With reference to the Bonn Climate Conference 2026, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None (Statement 4 is wrong; the Bonn Climate Conference does not replace the annual COP summit; it is a technical and preparatory meeting held alongside.) Q2. With reference to the demands made by health groups at SB64, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; the call is specifically for public, grant-based adaptation finance, NOT for private, market-based finance.) Q3. With reference to recent climate frameworks, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; the Loss and Damage Fund was created at COP27 (2022) and operationalised at COP28 (2023), NOT at COP21 in Paris in 2015.) Q4. With reference to the UNFCCC and Paris Agreement, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; CBDR-RC is a foundational principle of both the UNFCCC and the Paris Agreement.) Answer Key National Affairs 1. Major Abhilasha Barak Conferred UN Military Gender Advocate of the Year Award Source: News on Air Context: Prime Minister of India has congratulated Major Abhilasha Barak of the Indian Army on being conferred the prestigious United Nations Military Gender Advocate of the Year Award. Major Barak is currently deployed with the United Nations Interim Force in Lebanon (UNIFIL) along the Blue Line between Lebanon and Israel, and serves as a Gender Focal Point and engagement team commander. With this award, she becomes the third Indian woman officer to win the recognition, after Major Suman Gawani (2019) and Major Radhika Sen (2023). The Awardee About the Award Indian Winners What is UN Security Council Resolution 1325? What is UNIFIL? What is the Women, Peace and Security (WPS) Agenda? Practice MCQs Q1. With reference to the UN Military Gender Advocate of the Year Award, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None Q2. With reference to UN Security Council Resolution 1325 and the Women, Peace and Security (WPS) Agenda, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; Resolution 1325 is a UNSC resolution and is central to UN peacekeeping operations.) Q3. With reference to UNIFIL and the Blue Line, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; UNIFIL is headquartered in Naqoura, southern Lebanon, NOT Tehran.) Q4. With reference to India’s role in UN peacekeeping, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; more than 180 Indian peacekeepers have died in service of UN missions.) Answer Key 2. India Wins SAFF Women’s Championship 2026 Source: News on Air Context: The Indian Women’s Football Team has won the SAFF Women’s Championship 2026, the 8th edition of the tournament, by defeating Bangladesh 3-1 in the final at the Pandit Jawaharlal Nehru (Fatorda) Stadium, Margao, Goa. This is India’s 6th SAFF Women’s Championship title, and the first since 2019, breaking Bangladesh’s two consecutive titles in 2022 and 2024. The Prime Minister of India has congratulated the team on its win. India’s Sanfida Nongrum was named the MVP, Aveka Singh the Top Scorer, and Panthoi Chanu Elangbam the Best Goalkeeper. The Tournament SAFF Member Nations The Final Practice MCQs Q1. With reference to the SAFF Women’s Championship 2026, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None (Statement 4 is wrong; the SAFF Women’s Championship is held approximately every two years, not every year.) Q2. With reference to the SAFF Women’s Championship history, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None Q3. With reference to individual awards in the SAFF Women’s Championship 2026, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None Q4. With reference to football’s governing bodies, consider
Daily Current Affairs (DCA) 7 & 8 June, 2026
Daily Current Affairs Quiz7 & 8Â June, 2026 National Affairs 1. The Power of Mangroves Over Seawalls Source: The Hindu Context: The landfall of Cyclone Dana near Bhitarkanika on the Odisha coast has put the spotlight on the powerful protective role of coastal mangroves against storm surges and cyclones, in contrast to expensive engineered seawalls and groynes. Indian coastal states have spent â‚ą2,641 crore over the last decade on hard engineered protection, even as the National Coastal Mission’s budget fell from â‚ą195 crore in 2022-23 to â‚ą50 crore in 2024-25. The editorial argues that India must shift toward Ecosystem-based Adaptation (EbA), using mangroves, seagrass meadows, and coral reefs as dynamic, self-sustaining buffers for the 11,000 km coastline and the 250 million people living near it. India’s Coastal Vulnerability Why Mangroves Work as Climate Shields? Why Seawalls Are Not the Best Long-Term Answer? What is Ecosystem-based Adaptation (EbA)? What are Mangroves and Where Are They Found in India? What is Blue Carbon and Why Does It Matter? What is the National Coastal Mission? Key Initiatives India Has Taken Practice MCQs Q1. With reference to India’s coastal vulnerability and the case for mangroves, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None Q2. With reference to the role of mangroves as climate shields, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; mangroves are self-repairing and grow stronger over time, unlike seawalls that degrade.) Q3. With reference to India’s mangrove ecosystems, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; India has significant mangrove ecosystems on the west coast, especially in the Gulf of Kutch and Gulf of Khambhat in Gujarat.) Q4. With reference to Ecosystem-based Adaptation (EbA) and related Indian initiatives, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None Answer Key Exam Relevance Exam Relevance UPSC Prelims GS Paper III on Environment, Biodiversity, Climate Change (Mangroves, EbA, Blue Carbon, CRZ) UPSC Mains GS Paper I on Geography; GS Paper III on Environment, Disaster Management, Climate Change BPSC and State PCS Environment, Geography, Disaster Management, Current Affairs Banking and NABARD General Awareness on environment NABARD Grade A Environment, rural sustainability, climate adaptation 2. PM E-DRIVE Scheme Context: The Delhi Government plans to induct 2,800 air-conditioned low-floor electric buses (e-buses) under the Centre’s PM E-DRIVE scheme, to strengthen public transport connectivity and promote sustainable mobility. The announcement was made by Delhi Transport Minister Pankaj Kumar Singh. The new fleet will be a mix of 9-metre and 12-metre buses, mainly serving underserved and peripheral areas. The government aims to expand Delhi’s overall bus fleet to nearly 14,000 buses by 2028-29. About PM E-DRIVE Scheme: Practice MCQs Q1. With reference to the Delhi Government’s plan to induct e-buses, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None Q2. With reference to the PM E-DRIVE scheme, consider the following statements: How many of the above statements are correct? (a) Only one (b) Only two (c) Only three (d) All four (e) None Answer Key 3. India’s GDP Grows 7.7 Per Cent in FY26 Source: The Hindu Context: The MoSPI’s Provisional Estimates put India’s GDP growth at 7.7 per cent in FY 2025-26, with Q4 at 7.8 per cent. To understand what these numbers really mean and how they are computed, it helps to know what GDP and GNP are, how they differ, and the three methods used to calculate national income. These concepts are core to UPSC, RBI Grade B, SSC, Banking, and State PCS economics modules. What is Gross Domestic Product (GDP)? Examples: GDP can be calculated at: What is Gross National Product (GNP)? Where: Examples: What is the Difference between GDP and GNP? Other Related Aggregates What are the Three Methods of Calculating National Income? There are three standard methods used to compute national income. In theory, all three should give the same number, because every act of production creates value, income, and spending at the same time. In practice, statisticians use all three together for cross-checking. 1. Production Method (Value-Added Method or Output Method) Example: Steps: 2. Income Method Formula: Steps: Notes: 3. Expenditure Method Formula: Where: Example application from India’s FY 2025-26 GDP figures: Which Method Does India Use? Practice MCQs Q1. With reference to the difference between GDP and GNP, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; income earned by Indian citizens abroad is part of GNP, NOT GDP.) Q2. With reference to the methods of calculating national income, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; the three methods should give the same total, since they measure the same economic activity from three angles.) Q3. With reference to national income concepts in India, consider the following statements: Which of the above are correct? (a) 1, 2 and 3 only (b) 1, 3 and 4 only (c) 2 and 4 only (d) 1 and 4 only (e) All four (Statement 4 is wrong; Per Capita Income = National Income divided by Population, NOT area.) Q4. With reference to the Expenditure Method, consider the following statements: Which
