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Daily Current Affairs
8 April, 2026
1. ASISSE survey launched by the NSO primarily focuses on which sector?
A) Agriculture sector
B) Informal sector
C) Formal incorporated services sector
D) Manufacturing sector
E) Mining sector
Answer: C) Formal incorporated services sector
Explanation: ASISSE aims to collect annual data on incorporated service enterprises like IT firms, hospitals, and hotels to improve GDP estimation and measure formalization.
2. What is the primary source used by NSO to identify enterprises under ASISSE?
A) Census 2011
B) Voter ID database
C) GSTN database
D) Aadhaar database
E) EPFO records
Answer: C) GSTN database
Explanation: GSTN provides a reliable and updated list of tax-paying businesses, making it ideal for sampling formal enterprises.
3. India currently pays approximately how much annually to foreign shipping companies as freight charges?
A) $10 billion
B) $25 billion
C) $50 billion
D) $75 billion
E) $100 billion
Answer: D) $75 billion
Explanation: India faces a major forex drain as most EXIM cargo is handled by foreign vessels, leading to high freight payments.
4. The Directorate General of Shipping is proposed to be renamed as:
A) Maritime Safety Authority
B) National Port Authority
C) Directorate General of Maritime Administration
D) Indian Maritime Council
E) Shipping Regulation Board
Answer: C) Directorate General of Maritime Administration
Explanation: The renaming reflects a shift toward a comprehensive regulatory body with expanded powers over maritime affairs.
5. What is the main objective of the IRDAI sub-committee on health insurance?
A) Increase insurance taxes
B) Merge private insurers
C) Improve product design and claim experience
D) Ban digital insurance
E) Reduce hospitals
Answer: C) Improve product design and claim experience
Explanation: The panel focuses on enhancing customer experience, reducing claim rejections, and improving grievance redressal.
6. Which platform is referred to as the “UPI of Insurance”?
A) Policy Bazaar
B) Insurance Pay
C) Bima Sugam
D) NHCX
E) Bharat Cover
Answer: C) Bima Sugam
Explanation: Bima Sugam is a digital marketplace aiming to offer zero-commission policies and improve insurance accessibility.
7. What is the minimum public shareholding (MPS) requirement for listed companies in India?
A) 10%
B) 15%
C) 20%
D) 25%
E) 30%
Answer: D) 25%
Explanation: SEBI mandates at least 25% public shareholding to ensure liquidity and prevent promoter manipulation.
8. What does “Net Open Position (NOP)” refer to in banking?
A) Total deposits of a bank
B) Total loans issued
C) Unhedged foreign currency exposure
D) Net profit margin
E) Cash reserve ratio
Answer: C) Unhedged foreign currency exposure
Explanation: NOP represents the amount of foreign currency a bank holds without hedging, exposing it to exchange rate risks.
9. What is the standard validity period of a SEBI Observation Letter for IPOs?
A) 3 months
B) 6 months
C) 12 months
D) 24 months
E) No limit
Answer: C) 12 months
Explanation: Companies must launch IPOs within 12 months of SEBI approval unless extensions are granted.
10. Which fisheries technology converts waste into feed within the pond?
A) RAS
B) Bio-floc Technology
C) Deep-sea fishing
D) Cage farming
E) Trawling
Answer: B) Bio-floc Technology
Explanation: Bio-floc technology uses microbes to recycle organic waste into protein-rich feed, increasing productivity and sustainability.
