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Daily Current Affairs
19 March, 2026
1. Which Article of the Constitution mandates that no money can be withdrawn from the Consolidated Fund of India without Parliamentary approval?
A. Article 110
B. Article 112
C. Article 114
D. Article 116
E. Article 123
Answer: C. Article 114
Explanation: Article 114 states that no money can be withdrawn from the Consolidated Fund of India without approval through an Appropriation Act passed by Parliament.
2. The Appropriation Bill is classified as which type of bill?
A. Financial Bill Type I
B. Constitutional Amendment Bill
C. Ordinary Bill
D. Money Bill
E. Finance Bill
Answer: D. Money Bill
Explanation: The Appropriation Bill is classified as a Money Bill under Article 110 because it deals with withdrawal of funds from the Consolidated Fund of India.
3. Which of the following expenditures is NOT voted by the Lok Sabha?
A. Defence expenditure
B. Infrastructure spending
C. Charged expenditure
D. Welfare schemes
E. Subsidy expenditure
Answer: C. Charged expenditure
Explanation: Charged expenditure (e.g., salaries of President, Supreme Court judges, CAG) is not subject to voting in Lok Sabha.
4. The Economic Stabilisation Fund is primarily aimed at:
A. Reducing fiscal deficit permanently
B. Providing financial buffer during economic shocks
C. Funding infrastructure projects
D. Supporting MSMEs only
E. Managing tax collection
Answer: B. Providing financial buffer during economic shocks
Explanation: The fund is designed to handle global uncertainties like oil shocks, supply disruptions, and geopolitical conflicts without disturbing fiscal stability.
5. The BHAVYA Scheme aims to develop how many industrial parks by 2032?
A. 50
B. 75
C. 100
D. 150
E. 200
Answer: C. 100
Explanation: Under the BHAVYA Scheme, the government plans to develop 100 plug-and-play industrial parks across India by 2032.
6. Domestic Systemically Important Banks (D-SIBs) are often referred to as:
A. Priority Sector Banks
B. Development Banks
C. Too Big to Fail Banks
D. Cooperative Banks
E. Shadow Banks
Answer: C. Too Big to Fail Banks
Explanation: D-SIBs are called “Too Big to Fail” because their failure can disrupt the entire financial system and economy.
7. Which of the following banks is NOT currently classified as a D-SIB in India?
A. State Bank of India
B. HDFC Bank
C. ICICI Bank
D. Punjab National Bank
E. None of the above
Answer: D. Punjab National Bank
Explanation: Currently, SBI, HDFC Bank, and ICICI Bank are classified as D-SIBs. Punjab National Bank is not on the list.
8. CCUS technology is mainly used for:
A. Soil fertility improvement
B. Capturing carbon from industrial emissions
C. Irrigation efficiency
D. Crop diversification
E. Livestock management
Answer: B. Capturing carbon from industrial emissions
Explanation: CCUS (Carbon Capture, Utilization, and Storage) captures COâ‚‚ from industrial sources and stores or reuses it to reduce emissions.
9. Why is agriculture generally not suitable for CCUS?
A. High cost
B. Lack of farmers
C. Diffuse and biological nature of emissions
D. Lack of government support
E. Low productivity
Answer: C. Diffuse and biological nature of emissions
Explanation: Agricultural emissions are spread across fields and involve gases like methane and nitrous oxide, making CCUS unsuitable.
10. India’s global rank in coconut production is:
A. 2nd
B. 3rd
C. 5th
D. 1st
E. 4th
Answer: D. 1st
Explanation: India is the world’s largest producer of coconut with a share of about 30.37% in global production.
