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Daily Current Affairs
16 April, 2026
1. What is the proposed maximum strength of the Lok Sabha under the Constitution (131st Amendment) Bill, 2026?
A) 543
B) 750
C) 815
D) 850
E) 900
Answer: D) 850
Explanation: The Bill proposes expanding the Lok Sabha to 850 members (815 from states and 35 from Union Territories) to better reflect current population realities.
2. Which Article allows immediate delimitation using existing census data under the new Bill?
A) Article 81
B) Article 82
C) Article 324
D) Article 110
E) Article 356
Answer: B) Article 82
Explanation: The amendment removes the earlier restriction linked to the post-2026 Census, allowing delimitation based on the latest available data (2011 Census).
3. How many key pillars are identified in the “Ease of Doing R&D in India” report?
A) 3
B) 4
C) 5
D) 6
E) 7
Answer: B) 4
Explanation: The report identifies four pillars: Funding, Governance, Regulatory Frameworks, and Research Translation.
4. Approximately what percentage of bat species in India are categorized as “Data Deficient”?
A) 10%
B) 20%
C) 30%
D) 40%
E) 50%
Answer: D) 40%
Explanation: Around 40% of bat species lack sufficient data for proper conservation assessment, making them “Data Deficient.”
5. What major change did the RBI introduce regarding NBFC branch expansion?
A) Mandatory RBI approval for all branches
B) Ban on new branches
C) No prior approval required (unless restricted)
D) Only digital branches allowed
E) Expansion only in rural areas
Answer: C) No prior approval required (unless restricted)
Explanation: RBI removed the requirement of prior approval to promote ease of doing business and faster expansion of NBFCs.
6. What is the minimum credit rating required for deposit-taking NBFCs to expand across India?
A) BBB
B) A
C) A+
D) AA
E) AAA
Answer: D) AA
Explanation: Only NBFCs with NOF above â‚ą50 crore and a credit rating of AA or higher can expand nationwide.
7. Under SEBI’s new rule, what is the maximum allowed change in IPO size without refiling DRHP?
A) 20%
B) 30%
C) 40%
D) 50%
E) 60%
Answer: D) 50%
Explanation: SEBI now allows companies to modify IPO size up to 50% without refiling draft documents to support market flexibility.
8. These relaxed IPO norms by SEBI are valid until which date?
A) June 2026
B) July 2026
C) August 2026
D) September 30, 2026
E) December 2026
Answer: D) September 30, 2026
Explanation: The relaxation is temporary and valid till September 30, 2026, to support companies during market volatility.
9. What is the main objective of the digital fertilizer tracking system?
A) Increase fertilizer exports
B) Promote organic farming
C) Prevent diversion and misuse of subsidized fertilizers
D) Reduce fertilizer production
E) Eliminate subsidies
Answer: C) Prevent diversion and misuse of subsidized fertilizers
Explanation: The system aims to stop misuse of subsidized fertilizers in non-agricultural sectors through digital tracking and authentication.
10. Which authentication method is proposed for farmers under the new fertilizer system?
A) PAN Card
B) Voter ID
C) Aadhaar-based biometric/OTP
D) Driving License
E) Passport
Answer: C) Aadhaar-based biometric/OTP
Explanation: The system will use Aadhaar-based verification to ensure that only genuine farmers can purchase fertilizers.
