Daily Current Affairs Quiz: 25 & 26 September 2026
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1. In the Global Business Climate Survey 2026, India was ranked first in business climate among how many global markets?
A. 41
B. 35
C. 48
D. 52
E. 60
View Answer
Explanation: The survey captures the views of Swedish multinational companies and is conducted by Business Sweden, the Swedish Chambers of Commerce and Swedish embassies and consulates, in partnership with the Swedish Chamber of Commerce in India (SCCI). Ireland was ranked second and Vietnam third. 73 per cent of surveyed Swedish companies rated India's operating climate good or very good, and India has been in the global top three for four consecutive years.
2. Neelakurinji (Strobilanthes kunthiana), whose blooms were reported destroyed across hill ranges in Munnar, belongs to which plant family?
A. Fabaceae
B. Orchidaceae
C. Poaceae
D. Rubiaceae
E. Acanthaceae
View Answer
Explanation: Neelakurinji is a purplish-blue flowering shrub of the genus Strobilanthes, known for synchronised mass flowering once every 12 years. Its leaves contain cystoliths (calcium carbonate deposits), characteristic of Acanthaceae. S. kunthiana was added to Schedule III of the Wildlife (Protection) Act, 1972 in 2024, and Kerala notified the Kurinjimala Sanctuary to protect its habitat.
3. According to the RBI Bulletin's 'State of the Economy' report, net FDI into India in July 2026 rose 64% to what level?
A. $5.1 billion
B. $7.3 billion
C. $9.8 billion
D. $13.3 billion
E. $18.6 billion
View Answer
Explanation: Net FDI rose 64% to $7.3 billion in July 2026, with Mauritius, the UAE and the USA as the major sources and communication, financial services and computer services as the major sectors. The $13.3 billion figure refers to the amount banks mobilised through FCNR(B) deposits. FDI is a non-debt creating inflow, while FCNR(B) deposits are debt-creating.
4. As per the RBI's survey on software and IT-enabled services exports for 2025-26, what share of India's software services exports went to the United States?
A. 31.8 per cent
B. 15.4 per cent
C. 46.3 per cent
D. 54.1 per cent
E. 61.2 per cent
View Answer
Explanation: India's software services exports rose 8.2 per cent year-on-year to $221.4 billion in 2025-26, and the US was the largest destination with 54.1 per cent. Europe accounted for 31.8 per cent, of which the United Kingdom accounted for 15.4 per cent. The survey is conducted annually by the RBI.
5. A 100 TPA pilot facility for Polylactic Acid (PLA)-based biodegradable bioplastics is being developed at which location?
A. Panipat, Haryana
B. Kanpur, Uttar Pradesh
C. Kumbhi, Uttar Pradesh
D. Pune, Maharashtra
E. Gorakhpur, Uttar Pradesh
View Answer
Explanation: PLA is a bio-based, compostable thermoplastic made by converting plant-based sugars into lactic acid, which is then polymerised. Feedstocks include sugarcane, molasses, corn starch and cassava. The Kumbhi pilot facility will test the technology and develop specialised PLA grades for uses such as packaging, agricultural films, textiles and medical sutures.
6. From which date will the RBI (Commercial Banks – Minimum Capital Requirements for Market Risk) Directions, 2026 apply?
A. 1 October 2026
B. 1 January 2027
C. 1 April 2026
D. 1 October 2027
E. 1 April 2027
View Answer
Explanation: The new market-risk capital framework, issued under Basel III, applies from 1 April 2027 and incorporates the Fundamental Review of the Trading Book (FRTB) framework. Market risk refers to possible losses from changes in interest rates, equity prices, exchange rates and commodity prices. Separately, the RBI eased KYC requirements for Foreign Portfolio Investors from 18 September 2026.
7. The RBI cancelled the Certificates of Registration of five NBFCs during 4-31 August 2026 under which provision?
A. Section 45-IA(6) of the RBI Act, 1934
B. Section 35A of the Banking Regulation Act, 1949
C. Section 45-L of the RBI Act, 1934
D. Section 22 of the Banking Regulation Act, 1949
E. Section 45-QA of the RBI Act, 1934
View Answer
Explanation: The five NBFCs were Dar's Financial Services, Rolta Holding and Finance Corporation, Vasudeo Securities, Parsoli Corporation and A C Choksi Financial Services. The RBI also accepted the surrender of licences by eight other NBFCs, some of which exited the NBFC business while others were merged, dissolved or reclassified as entities not requiring NBFC registration.
8. Which constitutional provision states that the Chief Election Commissioner can be removed only in the same manner and on the same grounds as a Supreme Court judge?
A. Article 124(4)
B. Article 148(1)
C. Article 317
D. Article 324(5)
E. Article 329
View Answer
Explanation: Article 324(5) links the CEC's removal to that of a Supreme Court judge, while Article 124(4) lays down the grounds (proved misbehaviour or incapacity) and the special majority required. A removal notice needs at least 100 Lok Sabha MPs or 50 Rajya Sabha MPs, and the inquiry is governed by the Judges (Inquiry) Act, 1968. Other Election Commissioners can be removed by the President only on the CEC's recommendation.
9. As noted in the India-specific facts accompanying UN Women's Gender Snapshot 2026, what was India's rank in the Global Gender Gap Index 2026?
A. 127th
B. 131st
C. 129th
D. 135th
E. 142nd
View Answer
Explanation: India ranked 131st with 64.5 per cent parity. The Gender Snapshot 2026 was released by UN Women and UN DESA on 17 September 2026 and drew on more than 100 data sources. It found that women's representation in national parliaments rose from 22.3 per cent in 2015 to 27.4 per cent in 2026.
10. According to the Planetary Health Check 2026, how many of the nine planetary boundaries have crossed their safe operating limits?
A. 5
B. 6
C. 7
D. 8
E. 9
View Answer
Explanation: The assessment was released by the Planetary Boundaries Science Lab at the Potsdam Institute for Climate Impact Research. The seven transgressed boundaries include climate change, biosphere integrity, biogeochemical flows, novel entities, land-system change, freshwater change and ocean acidification. The framework defines a safe operating space for humanity.
11. The World Circular Economy Forum (WCEF) 2026, which made India the first South Asian country to host the forum, was held in which city?
A. New Delhi
B. Bengaluru
C. Hyderabad
D. Mumbai
E. Gandhinagar
View Answer
Explanation: WCEF 2026 was held from 15 to 18 September 2026 at Gandhinagar, Gujarat. Its theme was 'Circular Economy: Transition for People and Prosperity'. The forum focused on resource efficiency, reuse, recycling, Extended Producer Responsibility (EPR) and sustainable production and consumption.
12. International Red Panda Day, which fell on 19 September in 2026, is observed on which day each year?
A. Third Saturday of September
B. 19 September every year
C. Second Sunday of September
D. Last Friday of September
E. First Monday of September
View Answer
Explanation: International Red Panda Day is observed on the third Saturday of September, which fell on 19 September in 2026. The observance was launched by the Red Panda Network in 2010 to create awareness about the conservation of the endangered red panda.
13. The 24th edition of Exercise VARUNA between the Indian Navy and the French Navy is being hosted at which location?
A. Brest Naval Base, France
B. Kochi, India
C. Cherbourg, France
D. Toulon Naval Base, France
E. Visakhapatnam, India
View Answer
Explanation: INS Trishul is representing India at the 24th edition at Toulon Naval Base. India-France naval interactions began in 1983 and were formally named VARUNA in 2001. Other major India-France exercises are Shakti (Army) and Garuda (Air Force).
14. Which Indian city will host the UCI Road World Championships 2032, the first time the event will be held in India?
A. Ahmedabad
B. Pune
C. Bengaluru
D. Bhubaneswar
E. Hyderabad
View Answer
Explanation: Pune, Maharashtra, will host the championships. The bid was jointly led by the Government of Maharashtra and the Cycling Federation of India. The Union Cycliste Internationale (UCI) is the global governing body for cycling.
15. Who topped the M3M Hurun India Rich List 2026?
A. Mukesh Ambani and family
B. Shiv Nadar and family
C. Gautam Adani and family
D. Cyrus Poonawalla and family
E. Kumar Mangalam Birla and family
View Answer
Explanation: Gautam Adani and family topped the list with wealth of Rs 9.23 lakh crore, followed by Mukesh Ambani and family with Rs 8.63 lakh crore. Mumbai had the highest number of individuals on the list, followed by New Delhi and Bengaluru. AI emerged as a new sector, with 19 individuals having combined wealth of about Rs 3.07 lakh crore.
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