Daily Current Affairs Quiz: 13 October 2026
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1. Which organisation announced the nationwide All-India Sarus Crane Survey to estimate the bird’s population baseline?
A. Wildlife Institute of India
B. Bombay Natural History Society
C. WWF-India
D. Zoological Survey of India
E. Wildlife Trust of India
View Answer
Explanation: The BNHS, founded in 1883 and headquartered in Mumbai, will map breeding and roosting strongholds and assess collision threats. The Sarus Crane is the world’s tallest flying bird, India’s only resident breeding crane and the State Bird of Uttar Pradesh. It is listed as Vulnerable by IUCN, and electrocution on power lines is its leading cause of death.
2. The World Bank backed Kerala’s proposal for a Carbon Credit Cell under the state Agriculture Department as part of the KERA project. What is the size of this project?
A. Rs 1,200 crore
B. Rs 1,850 crore
C. Rs 3,100 crore
D. Rs 2,365 crore
E. Rs 4,500 crore
View Answer
Explanation: KERA, the Kerala Climate Resilient Agri-Value Chain Modernisation Project, is a Rs 2,365 crore programme running for five years from 2024 to 2029, centred on climate-resilient farming and stronger agricultural value chains. The proposed cell would encourage climate-friendly practices, raise carbon sequestration and open an additional income source for farmers.
3. The Nagaland State Rural Livelihoods Mission launched SAY-SOBLOK, aimed at 4,000 extremely vulnerable households, in partnership with which organisation?
A. BRAC International
B. UNDP
C. World Bank
D. NABARD
E. Oxfam India
View Answer
Explanation: SAY-SOBLOK is a three-year initiative operating under the Samaveshi Aajeevika Yojana and DAY-NRLM. It combines livelihood development, financial inclusion, household coaching and help in accessing government entitlements, giving priority to women-led families and persons with disabilities.
4. Lakshadweep has been declared a fully literate Union Territory under which programme?
A. Saakshar Bharat Mission
B. Samagra Shiksha
C. PM eVidya
D. Padhna Likhna Abhiyan
E. ULLAS-Nav Bharat Saaksharta Karyakram
View Answer
Explanation: A survey across the islands identified 1,113 adult non-literates, who were then trained in basic literacy and numeracy. Once these learners cleared the Foundational Literacy and Numeracy Assessment Test, Lakshadweep was declared to have achieved 100% literacy.
5. SEBI’s new mandatory colour-coded Credit Risk-o-Meter maps existing credit ratings (AAA to D) into how many risk levels?
A. Four
B. Five
C. Six
D. Seven
E. Eight
View Answer
Explanation: The meter translates ratings into six colour-coded levels, from “Lowest Credit Risk” to “High to Very High Risk of Default”, so investors can judge a debt security’s risk at a glance. It must appear in offer documents, abridged prospectuses, private placement memoranda, issuer and OBPP advertisements, and on OBPP websites and apps.
6. In the context of SEBI’s Credit Risk-o-Meter, what does OBPP stand for?
A. Online Bond Platform Provider
B. Open Bond Purchase Programme
C. Online Borrowing and Placement Portal
D. Official Bond Pricing Platform
E. Over-the-counter Bond Placement Provider
View Answer
Explanation: An OBPP is a SEBI-registered platform that sells bonds to retail investors. The meter covers non-convertible securities, commercial papers, securitised debt instruments, security receipts, and structured debt and market-linked debentures, whose returns are tied to the performance of a market index.
7. Robert E. Hall and Michael Woodford won the 2026 Nobel Prize in Economic Sciences for work that helps governments frame which type of policy?
A. Poverty alleviation policy
B. Trade policy
C. Competition policy
D. Stabilisation policy
E. Industrial policy
View Answer
Explanation: The two American economists were honoured for an empirical formula for stabilisation policy that factors in household demand and firms’ supply behaviour. Such policy uses fiscal and monetary tools to smooth swings in growth, inflation and jobs, an idea traced to Keynes’s work during the Great Depression. Hall is at Stanford and Woodford at Columbia.
8. The World Bank’s October 2026 Poverty and Equity Brief projects India’s poverty rate at the $4.20-a-day line to fall to what level by 2028?
A. 14.2%
B. 12.1%
C. 8.6%
D. 16.1%
E. 10.5%
View Answer
Explanation: The rate is projected to decline from 14.2% in 2026 to 12.1% by 2028, though the pace is expected to slow. Lower-middle-income poverty dropped from 57.7% in 2011 to 16.1% in 2023, lifting about 496 million people out of poverty, helped by rising consumption, job growth, welfare support and e-commerce.
9. As per the World Bank brief, India’s extreme poverty rate (at $3.00 a day) declined to what level in 2023?
A. 27.1%
B. 8.6%
C. 5.3%
D. 19.3%
E. 2.6%
View Answer
Explanation: Extreme poverty fell steeply from 27.1% in 2011 to 2.6% in 2023. Even so, about 80% of Indians were still below the upper-middle-income line of $8.30 a day. In 2023 rural poverty stood at 19.3% against 8.6% in urban areas, showing a wide rural-urban gap.
10. BMI, a unit of Fitch Solutions, raised India’s FY2026-27 economic growth forecast to what figure?
A. 6.8%
B. 7.0%
C. 7.5%
D. 7.8%
E. 8.2%
View Answer
Explanation: BMI lifted its projection from 6.8% to 7.5%, pointing to strong economic momentum and continuing investment in artificial intelligence. It identified higher crude oil prices and possible disruptions from El Nino as the main downside risks to this outlook.
11. India’s retail inflation rose to what level in September?
A. 5.5%
B. 4.8%
C. 7.4%
D. 5.7%
E. 6.2%
View Answer
Explanation: Headline retail inflation climbed to 5.5% in September from 4.8% in the previous month. Inflation in food and beverages jumped to 7.4% from 5.7%, and costlier food and fuel were the main drivers of the overall increase.
12. The India-EFTA Trade and Economic Partnership Agreement (TEPA) came into force on which date?
A. 1 April 2026
B. 1 January 2026
C. 15 August 2026
D. 1 October 2026
E. 2 October 2026
View Answer
Explanation: TEPA took effect on 1 October 2026. The European Free Trade Association is made up of Switzerland, Norway, Iceland and Liechtenstein, none of which belong to the European Union. Apart from trade cooperation, the agreement carries commitments linked to investment and job creation in India.
13. Federal Bank’s newly launched ‘Verto’, aimed at young professionals, entrepreneurs and salaried executives, is a:
A. Digital credit card
B. Premium savings account
C. Gold loan product
D. Senior citizen fixed deposit
E. Mutual fund investment platform
View Answer
Explanation: Verto is a premium savings account offering up to Rs 35 lakh in complimentary insurance cover, 5% cashback on selected debit card spends and domestic airport lounge access. Other features include locker rent concessions, outward remittance facilities and personalised spending insights.
14. CERVAVAC, which recently received WHO prequalification, is an indigenous vaccine developed by the Serum Institute of India against which virus?
A. Rotavirus
B. Dengue virus
C. Hepatitis B virus
D. Influenza virus
E. Human papillomavirus (HPV)
View Answer
Explanation: CERVAVAC is India’s own quadrivalent HPV vaccine, protecting against types 16 and 18, which are linked to cervical cancer, and types 6 and 11, which cause most genital warts. WHO prequalification indicates that the vaccine meets international benchmarks for quality, safety and efficacy.
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