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Current Affairs Quiz: 26 May 2026

15 questions from the news of 26 May 2026. Tap an option to see the answer and the explanation.

DAILY QUIZCurrent AffairsQuiz26 May 202615 questions with answers and explanationssafalsetu.com
0 correct of 0 answered · 15 questions

1. What is the Bharat Forecast System, lately in the news, meant to improve?

Answer: A. BFS is a modern forecasting model giving sharper weather and climate predictions for the whole country.

2. AI Kosha is meant to reinforce which of India's areas?

Answer: D. The initiative gives datasets, tools and resources behind AI innovation, research and development in India.

3. Bhargavastra was built to counter which threat?

Answer: B. It is a home-grown anti-drone solution that finds and neutralises hostile unmanned aerial vehicles.

4. India's partner in the joint Exercise Shakti 2026 was:

Answer: E. Shakti pairs India and France in a bilateral military exercise that strengthens defence ties and interoperability.

5. What is the aim of the RBI's framework on SROs for fintech?

Answer: C. The RBI framework promotes responsible innovation, compliance and governance in fintech.

6. Core Investment Companies chiefly hold their investments in:

Answer: A. Such companies mostly hold shares and securities of entities in their own group, under RBI regulation.

7. Which law is the basis for regulating Core Investment Companies?

Answer: D. RBI uses the RBI Act, 1934 to regulate these companies for financial stability and sound governance.

8. The RBI Digital Payments Index serves to measure:

Answer: B. It captures the growth and spread of digital payment systems across the country.

9. What does the abbreviation PMFBY expand to?

Answer: E. PMFBY is the Government of India's main crop insurance scheme, shielding farmers from crop losses.

10. Natural farming encourages lower use of what?

Answer: D. By limiting synthetic fertilizers and chemical pesticides, natural farming favours eco-friendly cultivation.

11. What is the total outlay of the Bharat Audyogik Vikas Yojna (BHAVYA)?

Answer: A. BHAVYA has an outlay of ₹33,660 crore.

12. According to the SRS Statistical Report 2024, what is India's Total Fertility Rate?

Answer: C. TFR is 1.9, below the 2.1 replacement level.

13. RBI imposed a total penalty of how much on City Union Bank in May 2026?

Answer: C. It was ₹10 lakh for PSL lapses plus ₹10,000 for SHG reporting failure.

14. What is the maximum continuous tenure of a UCB director under RBI's 2026 amendment?

Answer: C. A director cannot serve continuously for more than 10 years.

15. Which product of B+H Solutions recently received FCO registration in India?

Answer: B. AgroCopper (nano copper) was recently FCO-registered.