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Daily Current Affairs
18 March, 2026
1. The Government of India withdrew the Jan Vishwas (Amendment of Provisions) Bill, 2025 primarily for what reason?
A. Lack of parliamentary majority
B. Opposition protests
C. To introduce modifications and improvements
D. Financial constraints
E. Judicial intervention
Answer: C. To introduce modifications and improvements
Explanation: The government withdrew the bill to rework provisions and introduce improvements before re-presenting it in Parliament.
2. According to the “State of Working India 2026” report by Azim Premji University, what percentage of unemployed youth (20–29 years) were graduates in 2023?
A. 32%
B. 45%
C. 50%
D. 67%
E. 75%
Answer: D. 67%
Explanation: The report highlights that 67% of unemployed youth in 2023 were graduates, showing a sharp rise in educated unemployment.
3. Exercise Sea Dragon is primarily focused on which of the following operations?
A. Cyber warfare
B. Anti-submarine warfare
C. Space surveillance
D. Air defence drills
E. Nuclear deterrence
Answer: B. Anti-submarine warfare
Explanation: Exercise Sea Dragon is a multinational ASW exercise led by the United States Navy to enhance maritime surveillance and anti-submarine capabilities.
4. The proposed Public Insurance Registry (PIR) by Insurance Regulatory and Development Authority of India aims to:
A. Replace all private insurance companies
B. Create a unified insurance data infrastructure
C. Eliminate insurance intermediaries
D. Fix premium rates
E. Provide loans to insurers
Answer: B. Create a unified insurance data infrastructure
Explanation: PIR will consolidate insurance data across the lifecycle of policies to improve transparency, fraud detection, and customer experience.
5. The “.bank.in” domain launched by Reserve Bank of India is mainly intended to:
A. Promote digital lending
B. Improve banking profitability
C. Enhance cybersecurity in digital banking
D. Increase foreign investment
E. Replace IFSC codes
Answer: C. Enhance cybersecurity in digital banking
Explanation: The .bank.in domain is a dedicated secure domain to reduce phishing and increase trust in digital banking systems.
6. Under RBI’s new acquisition finance rules, what is the maximum bank financing allowed for acquisitions?
A. 50%
B. 60%
C. 70%
D. 75%
E. 90%
Answer: D. 75%
Explanation: RBI has capped bank financing for acquisitions at 75% of the deal value, requiring at least 25% equity contribution from the acquirer.
7. According to the Indian Council for Research on International Economic Relations report, what percentage of India’s fertiliser value chain depends on imports?
A. 45%
B. 55%
C. 68.6%
D. 75%
E. 80%
Answer: C. 68.6%
Explanation: The report highlights that 68.6% of India’s fertiliser value chain depends on imports, making it vulnerable to global shocks.
8. The ICRIER paper recommends bringing urea under which scheme?
A. MSP Scheme
B. PM-KISAN
C. Nutrient-Based Subsidy (NBS)
D. Soil Health Card Scheme
E. PMFBY
Answer: C. Nutrient-Based Subsidy (NBS)
Explanation: Bringing urea under NBS will promote balanced fertiliser use and reduce excessive nitrogen consumption.
9. The Asia-Africa Agri Alliance (AAAA) is established as what type of institution?
A. Public Sector Undertaking
B. Private Company
C. Section 8 not-for-profit organisation
D. Cooperative Society
E. Multilateral Bank
Answer: C. Section 8 not-for-profit organisation
Explanation: AAAA is a Section 8 institution aimed at promoting agricultural cooperation between Asia and Africa.
10. Which of the following is a key objective of the Asia-Africa Agri Alliance (AAAA)?
A. Military cooperation
B. Space exploration
C. Agricultural trade and technology transfer
D. Currency exchange regulation
E. Tourism promotion
Answer: C. Agricultural trade and technology transfer
Explanation: AAAA focuses on trade, investment, technology transfer, and capacity building in agriculture between Asia and Africa.
