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Daily Current Affairs Quiz: 26 & 27 April 2026

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1. In which year was Project DANTAK established by the Border Roads Organisation (BRO)?
A. 1947
B. 1955
C. 1961
D. 1971
E. 1985

Answer: C. 1961

Explanation: Project DANTAK was established in April 1961 as part of India-Bhutan cooperation for infrastructure development.

2. Which major airport in Bhutan was constructed with the assistance of Project DANTAK?
A. Gelephu Airport
B. Thimphu Airport
C. Bagdogra Airport
D. Paro International Airport
E. Kathmandu Airport

Answer: D. Paro International Airport

Explanation: Project DANTAK played a key role in building Paro International Airport, Bhutan’s main international gateway.

3. What type of vehicle is required to run on E100 (100% ethanol)?
A. Electric Vehicle
B. Diesel Vehicle
C. Hybrid Vehicle
D. Flex-Fuel Vehicle (FFV)
E. Hydrogen Fuel Cell Vehicle

Answer: D. Flex-Fuel Vehicle (FFV)

Explanation: E100 requires Flex-Fuel Vehicles with special materials and sensors due to ethanol’s corrosive nature.

4. The ‘Soul Threads’ initiative was launched by which organization?
A. KVIC
B. NIFT
C. CCIC
D. Ministry of Culture
E. TRIFED

Answer: C. CCIC

Explanation: The Central Cottage Industries Corporation of India (CCIC) launched Soul Threads to promote traditional crafts through modern design.

5. Under the Anti-Defection Law, what minimum fraction of members is required for a valid merger without disqualification?
A. One-third
B. One-half
C. Two-thirds
D. Three-fourths
E. One-fourth

Answer: C. Two-thirds

Explanation: At least two-thirds of members must agree to a merger to avoid disqualification under the 10th Schedule.

6. The 2026 edition of Exercise Dustlik was held in which country?
A. India
B. Kazakhstan
C. Uzbekistan
D. Kyrgyzstan
E. Tajikistan

Answer: C. Uzbekistan

Explanation: The 7th edition of Exercise Dustlik (2026) was conducted in Uzbekistan at the Gurumsaray Field Training Area.

7. Under which section of the Banking Regulation Act, 1949 can RBI cancel a bank’s licence?
A. Section 5(b)
B. Section 8
C. Section 22
D. Section 35A
E. Section 44A

Answer: C. Section 22

Explanation: Section 22 of the Banking Regulation Act empowers RBI to grant and cancel banking licences.

8. Which section of the Banking Regulation Act prohibits banks from trading in goods?
A. Section 5
B. Section 8
C. Section 10
D. Section 22
E. Section 35

Answer: B. Section 8

Explanation: Section 8 prohibits banking companies from directly engaging in buying or selling goods.

9. Under the IBC (Amendment) Act, 2026, what is the minimum percentage of debt required by creditors to initiate out-of-court resolution?
A. 25%
B. 40%
C. 51%
D. 66%
E. 75%

Answer: C. 51%

Explanation: Financial creditors holding more than 51% of the debt can initiate the new hybrid resolution mechanism.

10. According to the NAAS policy paper, what is a major reason for the poor performance of FPOs in India?
A. High export duties
B. Lack of irrigation
C. Low membership base
D. Excess subsidies
E. Lack of fertilizers

Answer: C. Low membership base

Explanation: Many FPOs struggle due to insufficient membership, which prevents economies of scale and reduces bargaining power.

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