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Daily Current Affairs
19 & 20 April, 2026
1. Under the National Monetisation Pipeline, what happens to the ownership of assets leased to private players?
A) Ownership is permanently transferred
B) Ownership remains with the government
C) Ownership is shared equally
D) Ownership is transferred to investors
E) Ownership is transferred to RBI
Answer: B) Ownership remains with the government
Explanation: Asset monetisation only transfers operational rights for a fixed period, while ownership remains with the Government of India.
2. Which of the following is an example of a “Brownfield Asset” in infrastructure?
A) A newly planned highway
B) A forest land cleared for industry
C) An operational railway station
D) A proposed airport
E) A river linking project
Answer: C) An operational railway station
Explanation: Brownfield assets are already existing and operational assets that generate revenue and are safer for investment.
3. India’s first water-neutral railway depot is located at which place?
A) Mumbai
B) Chennai
C) Ahmedabad
D) Delhi
E) Kolkata
Answer: C) Ahmedabad
Explanation: The Kankaria Coaching Depot in Ahmedabad is India’s first water-neutral railway depot, achieving full recycling of water usage.
4. Which eco-friendly process is used to treat wastewater in the Kankaria railway depot?
A) Reverse Osmosis
B) Chlorination
C) Phytoremediation
D) Distillation
E) Filtration only
Answer: C) Phytoremediation
Explanation: Phytoremediation uses plants to absorb pollutants and naturally purify wastewater, making it sustainable.
5. The VAANI Scheme primarily aims to achieve which goal?
A) Promote English-only education
B) Provide scholarships abroad
C) Enable technical education in Indian languages
D) Build new IITs
E) Promote sports education
Answer: C) Enable technical education in Indian languages
Explanation: VAANI aims to democratize technical education by making it accessible in 22 Indian languages.
6. What is the main objective of the RELIEF (Resilience & Logistics Intervention for Export Facilitation) Scheme?
A) Promote domestic tourism
B) Support exporters against logistics disruptions
C) Reduce import duties
D) Increase GST collection
E) Fund startups
Answer: B) Support exporters against logistics disruptions
Explanation: RELIEF helps exporters manage rising logistics costs and risks due to geopolitical conflicts.
7. Which organization is responsible for implementing the RELIEF scheme?
A) RBI
B) SEBI
C) ECGC Limited
D) NABARD
E) SIDBI
Answer: C) ECGC Limited
Explanation: ECGC Limited acts as the implementing agency, providing risk coverage and financial support to exporters.
8. What is the primary purpose of a Maritime Insurance Pool?
A) Provide loans to shipping companies
B) Share high-risk insurance among insurers
C) Regulate shipping routes
D) Reduce port taxes
E) Subsidize fuel
Answer: B) Share high-risk insurance among insurers
Explanation: A maritime insurance pool allows multiple insurers to share risks, especially in high-risk geopolitical conditions.
9. The Association of Mutual Funds in India is primarily responsible for which of the following?
A) Regulating banks
B) Managing stock exchanges
C) Representing mutual fund industry and investor awareness
D) Issuing currency
E) Setting repo rates
Answer: C) Representing mutual fund industry and investor awareness
Explanation: AMFI is a self-regulatory body that promotes ethical practices and investor education in the mutual fund industry.
10. What does “Imported Inflation” refer to in the Indian economic context?
A) Inflation caused by domestic demand
B) Inflation due to tax increase
C) Inflation due to rising global prices and currency depreciation
D) Inflation due to subsidies
E) Inflation due to population growth
Answer: C) Inflation due to rising global prices and currency depreciation
Explanation: Imported inflation occurs when global price rises (like crude oil) and rupee depreciation increase domestic prices.
