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Daily Current Affairs Quiz: 03 November 2026

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NABARD Grade A 2026: 45-Day Final Revision Plan + Daily Targets

45 Days: NABARD Grade A 2026 Final Revision Plan + Daily Targets🔒 Register to watchLast Sunday’s session · recording

8 of the top 10 in NABARD Grade A 2025, Rank 1 included, and Rank 1 back to back before that in 2021 and 2022: all prepared with C4S. Watch last Sunday's session on the 45-day final revision plan now, then join the next one live on Zoom.

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14 questions · 5 options each · answers with explanations
Q1

1. SEBI has extended the KYC review period for eligible Foreign Portfolio Investors (FPIs) from non-high-risk jurisdictions to how many years?

A. 5 years
B. 6 years
C. 10 years
D. 8 years
E. 7 years

View Answer
Answer: D. 8 years

Explanation: SEBI has extended the KYC review cycle for eligible FPIs from 3 years to 8 years, while the annual review for specified FPIs has been relaxed from 1 year to 2 years. The revised framework applies from 1 December 2026. Category I and regulated Category II FPIs from non-high-risk jurisdictions get the 8-year cycle, while certain FPIs from high-risk jurisdictions remain on a 2-year review. The change lowers compliance costs for foreign investors and supports easier access to Indian markets.
Q2

2. Through which route has SEBI permitted REITs and InvITs to raise foreign capital?

A. External Commercial Borrowings
B. Depository receipts
C. Masala bonds
D. Foreign Currency Convertible Bonds
E. Foreign venture capital route

View Answer
Answer: B. Depository receipts

Explanation: On 2 November 2026, SEBI allowed Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) to tap international investors through the depository receipt route. REITs hold income-generating real estate, while InvITs hold infrastructure assets such as roads, power transmission lines and pipelines. Opening this channel widens the funding base for these trusts, which matter for financing India's infrastructure build-out.
Q3

3. COP31, the annual UN climate conference, is being held in which city?

A. Belem, Brazil
B. Baku, Azerbaijan
C. Bonn, Germany
D. Dubai, UAE
E. Antalya, Turkey

View Answer
Answer: E. Antalya, Turkey

Explanation: Leaders of around 90 countries are meeting at Antalya, Turkey, for COP31. COP stands for Conference of the Parties, the yearly meeting of countries under the UN climate framework. The previous meeting, COP30, was held at Belem in Brazil, while COP29 at Baku set a climate finance goal of $300 billion a year by 2035.
Q4

4. Under India's climate commitments, by what percentage is India to reduce the emission intensity of its GDP by 2030 compared with 2005 levels?

A. 33 per cent
B. 40 per cent
C. 45 per cent
D. 50 per cent
E. 55 per cent

View Answer
Answer: C. 45 per cent

Explanation: India's updated targets include a 45 per cent cut in emission intensity by 2030 over 2005 levels, 50 per cent of power capacity from non-fossil sources by 2030, and net zero by 2070. India met its non-fossil power target nine years early and its emission intensity target ten years early, which it often cites in climate talks to show delivery on its pledges.
Q5

5. Under the proposed 'low overshoot path' discussed ahead of COP31, global warming would first be limited to a peak of:

A. 1.2 to 1.3 degrees
B. 1.5 to 1.6 degrees
C. 2.0 to 2.1 degrees
D. 1.7 to 1.8 degrees
E. 2.3 to 2.5 degrees

View Answer
Answer: D. 1.7 to 1.8 degrees

Explanation: The low overshoot path allows warming to peak at 1.7 to 1.8 degrees Celsius and then brings it back down to 1.5 degrees by 2100. UNEP has warned that the 1.5 degree mark will be crossed within ten years, and the world has already warmed by about 1.44 degrees. Even if all current pledges are met, warming could reach 2.3 to 2.5 degrees by 2100.
Q6

6. The Loss and Damage Fund for climate-vulnerable countries was set up at which Conference of the Parties?

A. COP27
B. COP26
C. COP28
D. COP29
E. COP25

View Answer
Answer: A. COP27

Explanation: The Loss and Damage Fund was agreed at COP27 and became operational at COP28. It is meant to support developing countries facing climate impacts that cannot be avoided through adaptation, such as extreme weather and sea-level rise. Funding remains a key gap, since current climate finance falls far short of the trillions of dollars needed each year till 2030.
Q7

7. PRANIK, set to be India's first fusion reactor built by a private company, is being designed by which firm?

A. Agnikul Cosmos
B. Skyroot Aerospace
C. Pranos Fusion
D. Pixxel
E. Bharat Fusion Labs

View Answer
Answer: C. Pranos Fusion

Explanation: Bengaluru-based Pranos Fusion plans to complete the design of PRANIK by 2027. The reactor will heat deuterium and tritium to over 100 million degrees Celsius so that atoms fuse and release energy. The company has already built PRAGYA, a small research tokamak used to test plasma control, magnetic field shaping and heat handling.
Q8

8. PRAGYA, the test machine built by Pranos Fusion, is a:

A. Pressurised heavy water reactor
B. Fast breeder reactor
C. Particle accelerator
D. Small modular fission reactor
E. Tokamak

View Answer
Answer: E. Tokamak

Explanation: A tokamak is a doughnut-shaped device that confines extremely hot gas, or plasma, using strong magnetic fields. Unlike fission, which splits heavy atoms like uranium, fusion joins light atoms, produces far less long-lived waste and cannot melt down. This is the same process that powers the Sun, which is why fusion is seen as a source of clean, round-the-clock power.
Q9

9. Digi Yatra trials for international passengers have been started at how many major Indian airports?

A. Five
B. Seven
C. Nine
D. Twelve
E. Fifteen

View Answer
Answer: B. Seven

Explanation: The Ministry of Civil Aviation has launched Digi Yatra trials for international travel at seven major airports. The trial is open to Indian nationals holding an e-passport on selected Air India and IndiGo flights. Digi Yatra uses facial recognition so that the passenger's face acts as the boarding pass, making travel paperless and contact-free.
Q10

10. US-based cloud company Vultr launched a 20-MW Artificial Intelligence supercluster in which Indian city?

A. Hyderabad
B. Mumbai
C. Pune
D. Chennai
E. Noida

View Answer
Answer: D. Chennai

Explanation: On 2 November 2026, Vultr launched a 20-megawatt AI supercluster in Chennai powered by AMD Instinct MI355X GPUs. An AI supercluster links many high-performance computing systems so they can work together on heavy AI workloads such as training large models. Such facilities add to India's domestic AI compute capacity, a key goal of national AI policy.
Q11

11. Under the ₹53,866.50-crore contracts for eight Next Generation Corvettes, how many will be built by Garden Reach Shipbuilders & Engineers (GRSE)?

A. Three
B. Four
C. Five
D. Six
E. Eight

View Answer
Answer: C. Five

Explanation: The Ministry of Defence split the order between GRSE, which will build five corvettes, and Goa Shipyard Limited, which will build three. This is the first time warships designed by the Indian Navy will be built by Defence PSUs. The corvettes will support anti-surface and anti-submarine warfare, coastal defence, littoral combat and maritime surveillance.
Q12

12. The Valley of Flowers National Park, which recorded a record 35,261 visitors this season, is located in which district of Uttarakhand?

A. Chamoli
B. Pithoragarh
C. Uttarkashi
D. Rudraprayag
E. Tehri Garhwal

View Answer
Answer: A. Chamoli

Explanation: The park lies in Chamoli district in the upper Bhyundar Valley near Ghangaria and Joshimath, at an average altitude of about 3,600 metres. It was declared a National Park in 1982 and added to the UNESCO World Heritage List in 2005 as an extension of Nanda Devi National Park. It forms part of the Nanda Devi Biosphere Reserve and is known for alpine flowers.
Q13

13. The IceCube Neutrino Observatory, which detected ultra-high-energy cosmic neutrinos, is located in:

A. Greenland
B. Antarctica
C. Lake Baikal, Russia
D. Kamioka, Japan
E. South Dakota, USA

View Answer
Answer: B. Antarctica

Explanation: IceCube is located in Antarctica and uses the deep ice as a detector. The newly reported neutrinos carried energies around 10 billion times higher than typical solar neutrinos. Neutrinos are extremely light particles that barely interact with matter, so they travel huge distances unaffected and help scientists trace violent, distant cosmic events.
Q14

14. Who assumed charge as the 55th Director General of the Geological Survey of India (GSI)?

A. Varsha Ashok Agalwe
B. Inderpal Singh Walia
C. Mehtab Singh Deswal
D. Kiril Valchev
E. Dinesh Vitthalrao Ganvir

View Answer
Answer: E. Dinesh Vitthalrao Ganvir

Explanation: Dinesh Vitthalrao Ganvir took over as the 55th Director General of GSI in November 2026, succeeding Varsha Ashok Agalwe, the first woman to head the organisation. He has over 32 years of experience in geological investigations, mineral exploration and engineering geology, and earlier headed GSI's Central Region at Nagpur. GSI works under the Ministry of Mines.
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