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Daily Current Affairs
23 May, 2026
1. The ‘Mission Karmayogi’ programme is primarily aimed at improving:
A) Agricultural productivity
B) Civil services capacity building
C) Defence exports
D) Tourism promotion
E) Urban housing
Answer: B) Civil services capacity building
Explanation: Mission Karmayogi is a national programme focused on enhancing the skills, efficiency, and capacity of civil servants through continuous learning and training.
2. The PM Surya Ghar Muft Bijli Yojana encourages households to adopt:
A) Wind turbines
B) Biogas plants
C) Rooftop solar systems
D) Hydroelectric units
E) Nuclear energy devices
Answer: C) Rooftop solar systems
Explanation: The scheme promotes rooftop solar installations to increase renewable energy generation and reduce household electricity bills.
3. Bhargavastra, recently seen in news, is an indigenous:
A) Satellite launch vehicle
B) Anti-drone system
C) Submarine detection radar
D) Ballistic missile
E) Quantum computer
Answer: B) Anti-drone system
Explanation: Bhargavastra is an indigenous anti-drone system developed to neutralize hostile drone threats and strengthen air defence capabilities.
4. Exercise ‘Shakti 2026’ was conducted jointly by India and:
A) Australia
B) Russia
C) France
D) Japan
E) United States
Answer: C) France
Explanation: Exercise Shakti is a bilateral military exercise between India and France aimed at enhancing defence cooperation and interoperability.
5. AI Kosha initiative is intended to strengthen India’s:
A) Agricultural ecosystem
B) Artificial Intelligence ecosystem
C) Tourism infrastructure
D) Digital taxation framework
E) Logistics network
Answer: B) Artificial Intelligence ecosystem
Explanation: AI Kosha provides datasets, tools, and resources to accelerate AI innovation and research in India.
6. Bharat Forecast System (BFS) is associated with:
A) Advanced weather forecasting
B) Banking fraud detection
C) Defence surveillance
D) Digital governance
E) Space exploration
Answer: A) Advanced weather forecasting
Explanation: Bharat Forecast System is an advanced weather forecasting model designed to improve prediction accuracy for weather and climate conditions in India.
7. RBI’s framework for Self-Regulatory Organisations (SROs) in fintech seeks to promote:
A) Cryptocurrency adoption
B) Industry-led self-regulation
C) Foreign bank mergers
D) Reduction in digital payments
E) Elimination of NBFCs
Answer: B) Industry-led self-regulation
Explanation: RBI introduced the SRO framework to encourage responsible conduct, innovation, and compliance within the fintech sector.
8. A Core Investment Company (CIC) primarily invests in:
A) Government subsidies
B) Agricultural exports
C) Group companies
D) Insurance policies
E) Real estate projects
Answer: C) Group companies
Explanation: Core Investment Companies mainly hold investments in the shares and securities of their group companies.
9. Core Investment Companies are regulated under which legislation?
A) FEMA, 1999
B) SEBI Act, 1992
C) RBI Act, 1934
D) Companies Act, 2013
E) Banking Regulation Act, 1949
Answer: C) RBI Act, 1934
Explanation: RBI regulates Core Investment Companies under the RBI Act, 1934 to maintain financial stability and governance standards.
10. RBI’s Digital Payments Index (DPI) measures:
A) Inflation levels
B) Foreign exchange reserves
C) Digital payment adoption
D) Fiscal deficit trends
E) Corporate tax collection
Answer: C) Digital payment adoption
Explanation: The Digital Payments Index is used by RBI to assess the extent and growth of digital payment systems across India.
