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Daily Current Affairs Quiz: 05 November 2026

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

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14 questions · 5 options each · answers with explanations
Q1

1. Bhitarkanika National Park, where five saltwater crocodiles died within 27 days, is located in which district of Odisha?

A. Kendrapara
B. Jagatsinghpur
C. Balasore
D. Bhadrak
E. Puri

View Answer
Answer: A. Kendrapara

Explanation: Bhitarkanika lies in Kendrapara district of Odisha, on the delta of the Brahmani, Baitarani, Dhamra and Pathsala rivers along the Bay of Bengal. It is India’s second-largest mangrove forest after the Sundarbans and an important home of the saltwater crocodile, the largest living reptile. Illegal fishing in the area is seen as the main concern behind the recent unnatural deaths.
Q2

2. Which two items have now become India’s largest agricultural export items, moving ahead of traditional exports such as basmati rice?

A. Basmati rice and spices
B. Marine products and buffalo meat
C. Cotton and sugar
D. Tea and coffee
E. Fresh fruits and cashew

View Answer
Answer: B. Marine products and buffalo meat

Explanation: In April–September 2026, India’s agricultural exports reached $27.1 billion. Marine exports stood at $4.5 billion and buffalo meat at $3.4 billion, making them the top two items. Livestock and fisheries now contribute about 40% of agricultural GDP, up from around 30% a decade ago. MPEDA promotes marine exports while APEDA looks after other agricultural exports.
Q3

3. SUVIKALP, a digital decision-support platform to rank suitable uses for closed and abandoned coal and lignite mines, has been developed by which body?

A. Coal India Limited
B. Central Mine Planning and Design Institute
C. Coal Controller Organisation
D. Indian Bureau of Mines
E. Geological Survey of India

View Answer
Answer: C. Coal Controller Organisation

Explanation: SUVIKALP is an indigenous platform built by the Coal Controller Organisation (CCO) under the Ministry of Coal. It identifies, evaluates and ranks reuse options for closed mines, such as eco-parks, floating solar, afforestation, agriculture and industrial hubs. The aim is scientific and transparent mine closure that also supports ecological restoration and local livelihoods.
Q4

4. What is the outlay of the Capex Support Scheme to Promote Critical Mineral Processing approved by the Union Cabinet on 4 November 2026?

A. ₹1,500 crore
B. ₹2,814 crore
C. ₹4,371 crore
D. ₹7,000 crore
E. ₹14,500 crore

View Answer
Answer: B. ₹2,814 crore

Explanation: The Cabinet cleared ₹2,814 crore for this capex support scheme, which will run for five years from 2026–27. It is meant to build domestic capacity to process critical minerals, cut import dependence and support strategic sectors and clean-energy technologies. Critical minerals are key inputs for batteries, electronics and renewable energy equipment.
Q5

5. Who will head the Technical Consultative Committee for Financial Markets (TCCFM) set up by the Reserve Bank of India?

A. The RBI Governor
B. The Finance Secretary
C. The Chairman of SEBI
D. The Deputy Governor in charge of the Financial Markets Regulation Department
E. The Executive Director in charge of the Monetary Policy Department

View Answer
Answer: D. The Deputy Governor in charge of the Financial Markets Regulation Department

Explanation: The TCCFM will be chaired by the Deputy Governor who looks after the Financial Markets Regulation Department, currently Rohit Jain. It will have seven external members and will meet at least once every three months. The committee gives RBI and market participants a regular forum to discuss money markets, government securities, forex, derivatives and market infrastructure.
Q6

6. SEBI has signed an MoU with the Digital India BHASHINI Division to expand investor education in regional languages. BHASHINI operates under which ministry?

A. Ministry of Education
B. Ministry of Electronics and Information Technology
C. Ministry of Finance
D. Ministry of Information and Broadcasting
E. Ministry of Culture

View Answer
Answer: B. Ministry of Electronics and Information Technology

Explanation: BHASHINI works under the Digital India Corporation of the Ministry of Electronics and Information Technology (MeitY). Under the MoU signed on 3 November 2026, tools like speech recognition, text-to-speech, machine translation and OCR will be used to deliver securities-market information in Indian languages. BHASHINI’s language models will also be enriched with market terminology.
Q7

7. Under SEBI’s relaxed KYC rules, NRIs, OCIs and foreign nationals residing in which category of countries can complete KYC online from abroad?

A. OECD member countries
B. G20 member countries
C. FATF-compliant countries
D. Commonwealth countries
E. SAARC member countries

View Answer
Answer: C. FATF-compliant countries

Explanation: SEBI now allows eligible overseas investors living in Financial Action Task Force (FATF)-compliant jurisdictions to finish their KYC digitally from abroad. Earlier, digital KYC needed the investor to be physically present in India. The change removes a practical hurdle and makes it easier for NRIs, OCIs and foreign nationals to invest in Indian markets.
Q8

8. The CCI-approved acquisition of Deutsche Bank’s retail banking, private banking and wealth management businesses in India by Kotak Mahindra Bank will take place on what basis?

A. Share swap basis
B. Reverse merger basis
C. Slump sale basis
D. Asset-by-asset sale basis
E. Joint venture basis

View Answer
Answer: C. Slump sale basis

Explanation: In a slump sale, a whole business undertaking is transferred for a lump-sum price instead of selling each asset separately. The Competition Commission of India cleared the deal on 3 November 2026. The businesses moving to Kotak include deposits, loans, investments, insurance and foreign exchange services, with the wealth business mainly serving high-net-worth individuals.
Q9

9. The Centre’s share for the Fast-Track Special Courts (FTSC) scheme, now extended till 31 March 2031, comes from which fund?

A. PM CARES Fund
B. National Disaster Response Fund
C. Consolidated Fund of States
D. Nirbhaya Fund
E. Contingency Fund of India

View Answer
Answer: D. Nirbhaya Fund

Explanation: The FTSC scheme is a Centrally Sponsored Scheme for courts that try rape and POCSO cases. Its total outlay is ₹3,788.04 crore, with the Centre’s ₹2,353.15 crore drawn from the Nirbhaya Fund. That fund was created in 2013 after the December 2012 Delhi case, is managed by the Ministry of Finance, and has the Ministry of Women and Child Development as nodal body.
Q10

10. What is the outlay of VISTAR, the scheme approved by the Union Cabinet to overhaul India’s statistical system?

A. ₹2,814 crore
B. ₹3,788 crore
C. ₹4,371 crore
D. ₹7,000 crore
E. ₹14,500 crore

View Answer
Answer: C. ₹4,371 crore

Explanation: VISTAR stands for Viksit Bharat Initiative for Statistical Transformation, Analytics and Research. With ₹4,371 crore for 2026-27 to 2030-31, it covers both Central and state statistical systems. It focuses on real-time data, accuracy, AI and machine learning, data integration and evidence-based policy. Its three components include statistical operations, support for strengthening, and an Economic Census.
Q11

11. How much new storage capacity is the ₹14,500 crore Viability Gap Funding scheme for large-scale energy storage expected to build?

A. 43 GWh
B. 92 GWh
C. 170 GWh
D. 320 GWh
E. 411 GWh

View Answer
Answer: B. 92 GWh

Explanation: The VGF scheme will create 92 GWh of storage, about 170 per cent of India’s current grid-scale storage, and help reach the target of 411 GWh by 2031-32. Viability Gap Funding means the government bridges the gap for projects that are useful but not profitable enough for private players. The scheme will also support domestic battery manufacturing.
Q12

12. Swachh Bharat Mission (Grameen) Phase-II has now been extended until which date?

A. March 2026
B. March 2027
C. December 2027
D. March 2028
E. March 2030

View Answer
Answer: D. March 2028

Explanation: SBM-G Phase-II, launched in 2020 with a first target of 2024-25, was extended to March 2027 and has now been extended again to March 2028. The nodal ministry is the Ministry of Jal Shakti, through the Department of Drinking Water and Sanitation. Phase-II focuses on keeping ODF status, solid and liquid waste management and visual cleanliness, leading to ODF Plus villages.
Q13

13. Which Indian institution remains India’s top-ranked institution in the QS World University Rankings: Asia 2027?

A. IISc Bengaluru
B. IIT Bombay
C. IIT Madras
D. IIT Kharagpur
E. IIT Delhi

View Answer
Answer: E. IIT Delhi

Explanation: IIT Delhi stays India’s best in the Asia 2027 list at rank 66, though it fell from 59. IISc Bengaluru slipped to 79, IIT Bombay to 83 and IIT Madras to 85. The University of Hong Kong topped the list. India has 325 ranked universities, second only to Mainland China, but 71 per cent of previously ranked Indian universities slipped.
Q14

14. Which became the first Indian state to introduce a comprehensive state-level silt management policy in 2026?

A. Uttar Pradesh
B. Assam
C. West Bengal
D. Bihar
E. Odisha

View Answer
Answer: D. Bihar

Explanation: Bihar notified the Bihar Water Sources Restoration and Silt Management Policy, 2026 on 17 September 2026. It aims to restore rivers and water bodies through scientific desilting, improve water-carrying capacity and strengthen flood management. It also promotes use of excavated silt in construction and permits removal of sand and silt deposited on farmland after floods.
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