Daily Current Affairs Quiz: 06 November 2026
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1. Which species has Karnataka declared as its state amphibian, making it the first Indian state to name one?
A. Purple Frog
B. Malabar Tree Toad
C. Indian Bullfrog
D. Malabar Gliding Frog
E. Common Asian Toad
View Answer
Explanation: Karnataka’s Department of Forest, Ecology and Environment chose the Malabar Tree Toad (Pedostibes tuberculosus), known locally as Malenadina Mara Gantikappe. It is India’s only tree-dwelling toad, belongs to the family Bufonidae and is the lone surviving species of its genus. Endemic to the Western Ghats and listed as Endangered by the IUCN, it joins the elephant, Indian roller, lotus and sandalwood as Karnataka’s state symbols.
2. At the 1st International Maize Conference 2026 in Hyderabad, the traditional 4F framework was expanded to 5F by adding which element?
A. Fibre
B. Fertiliser
C. Farmers
D. Finance
E. Forestry
View Answer
Explanation: The conference, held from 2 to 4 November 2026, widened the Food, Feed, Fodder and Fuel framework by adding Farmers, so that growers sit at the centre of maize research and development. India now produces around 55 million tonnes of maize and aims to reach 75 million tonnes over the next decade, driven partly by ethanol and poultry-feed demand.
3. The ₹14,500 crore Viability Gap Funding scheme approved by the Union Cabinet aims to add how much grid-scale energy storage capacity?
A. 60 GWh
B. 75 GWh
C. 92 GWh
D. 411 GWh
E. 30 GWh
View Answer
Explanation: The VGF scheme, running from FY2026-27 to FY2030-31, targets 92 GWh of new storage: 60 GWh from Pumped Storage Projects, 30 GWh from Battery Energy Storage Systems and 2 GWh from alternative technologies. It is expected to attract about ₹97,600 crore of investment and supports the national goal of 411 GWh grid-scale storage by FY2032, which is vital for absorbing variable solar and wind power.
4. Under the ₹2,814 crore Capex Support Scheme for critical mineral processing, what level of capital subsidy will the government provide?
A. 10%
B. 20%
C. 25%
D. 30%
E. 50%
View Answer
Explanation: The scheme offers a 30% capital subsidy on the investment needed to set up four critical mineral processing units over five years (FY2026-27 to FY2030-31). It focuses on minerals such as lithium and nickel, which are essential for batteries and clean energy. Building domestic processing capacity reduces India’s dependence on a few foreign refiners in a strategically sensitive supply chain.
5. Under the extended Fast Track Special Courts scheme (till 31 March 2031), the number of functional FTSCs will be increased from 779 to:
A. 800
B. 825
C. 850
D. 900
E. 1,023
View Answer
Explanation: The Cabinet continued the Centrally Sponsored Scheme for FTSCs, including exclusive POCSO courts, with an outlay of ₹3,788.04 crore. Courts will rise from 779 to 850 based on case pendency. The Centre’s share of ₹2,353.15 crore comes from the Nirbhaya Fund. The scheme began on 2 October 2019 after the Criminal Law (Amendment) Act, 2018 to ensure time-bound trials in rape and POCSO cases.
6. Under RBI’s draft Priority Sector Lending rules, what is the proposed limit for agricultural infrastructure loans?
A. ₹4 crore per borrowing entity
B. ₹25 crore per borrower
C. ₹35 crore per borrower
D. ₹50 crore per borrowing entity
E. ₹100 crore per borrower from the entire banking system
View Answer
Explanation: The draft caps agricultural infrastructure loans at ₹100 crore per borrower across the whole banking system, while crop loans, farm term loans and pre- and post-harvest loans get a ₹4 crore limit per borrowing entity. Agriculture lending under PSL will cover farm credit, agricultural infrastructure and ancillary activities. PSL norms direct a fixed share of bank credit to sectors that struggle to get loans.
7. In RBI’s draft Priority Sector Lending norms, education loans to individuals qualify up to what amount?
A. ₹10 lakh
B. ₹20 lakh
C. ₹25 lakh
D. ₹35 lakh
E. ₹50 lakh
View Answer
Explanation: Education loans to individuals up to ₹25 lakh, including those for vocational courses, are proposed to count as priority sector lending. For renewable energy, the draft sets a ₹35 crore limit for power generators, public utilities, street lighting and remote village electrification, and ₹10 lakh for individual households. These limits decide which loans help banks meet their PSL targets.
8. As per RBI’s new cybersecurity directions for non-bank Payment System Operators following an April–March financial year, the annual cybersecurity audit report must be submitted by:
A. 30 April
B. 31 May
C. 1 June
D. 30 June
E. 30 September
View Answer
Explanation: PSOs must submit annual cybersecurity audit reports within two months of the end of the financial year, which means 1 June for firms on an April–March cycle. The directions also require PSOs to obtain source code of critical vendor applications, or set up an escrow arrangement with developer certification, and ask white-label ATM operators to secure shared switches and limit remote connections.
9. How often will RBI’s newly constituted Technical Consultative Committee for Financial Markets (TCCFM) meet, at the minimum?
A. Once every month
B. Once every two months
C. Once every three months
D. Once every six months
E. Once a year
View Answer
Explanation: The TCCFM, headed by Deputy Governor Rohit Jain with seven external members, will meet at least once every three months. It will discuss policy and operational issues in money markets, government securities, foreign exchange and derivatives. Such committees give market participants a regular channel to share views with the central bank before rules are finalised.
10. Within how many working days must Authorised Dealer banks enter service import details into IDPMS under RBI’s amended FEMA export-import regulations?
A. Two working days
B. Three working days
C. Five working days
D. Seven working days
E. Fifteen working days
View Answer
Explanation: RBI amended the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026, with effect from 1 October 2026. AD banks must record service import details in the Import Data Processing and Monitoring System within five working days. Resident individuals exporting services are treated as having filed the Export Declaration Form once they share payment details with their bank, easing compliance for small exporters.
11. SEBI’s new 18-member Working Group will review the regulatory framework of which platform meant for startups?
A. SME Exchange
B. Innovators Growth Platform
C. Social Stock Exchange
D. Institutional Trading Platform
E. Startup India Seed Fund
View Answer
Explanation: The group, co-chaired by Srini Srinivasan of IVCA and Prashanth Prakash of Accel Partners, will examine eligibility and listing rules on the Innovators Growth Platform for research-stage, pre-revenue and deep-tech companies. Such firms often fail traditional profitability tests, so easier listing routes can help them raise capital from public markets while keeping investor safeguards.
12. What is the name of NPCI’s fourth wholly owned subsidiary launched in November 2026?
A. NPCI International Payments Limited
B. NPCI Bharat BillPay Limited
C. NPCI Tech Solutions Limited
D. NPCI Digital Infrastructure Limited
E. NPCI Fintech Services Limited
View Answer
Explanation: NPCI Tech Solutions Limited (NTSL) is led by Vishal Kanvaty, NPCI’s Chief Technology Officer, as MD and CEO. It will work on artificial intelligence, blockchain, digital financial infrastructure and Global Capability Centre services, and offer technology support for e-KYC Setu, the Unified Ticketing Platform and other Digital Public Infrastructure initiatives.
13. Which state became the first in India 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
Explanation: The Bihar Water Sources Restoration and Silt Management Policy, 2026 was notified on 17 September 2026. It aims to restore rivers and water bodies, improve their carrying capacity and strengthen flood control through scientific desilting. Excavated silt can be reused in construction, and Bihar has also signed an MoU with MoRTH under the Nadi Sanjivani initiative to use river silt in National Highway projects.
14. Which country joined the International Solar Alliance as its 116th member on 4 November 2026?
A. Jamaica
B. The Bahamas
C. Barbados
D. Fiji
E. Maldives
View Answer
Explanation: The Commonwealth of The Bahamas submitted its Instrument of Accession during the 9th Session of the ISA Assembly in New Delhi. ISA promotes solar deployment through knowledge-sharing, technical help and investment facilitation. Membership is especially useful for Small Island Developing States, which depend heavily on imported fuel and face high climate risks.
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