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Current Affairs Quiz: 24 March 2026

15 questions from the news of 24 March 2026. Tap an option to see the answer and the explanation.

DAILY QUIZCurrent AffairsQuiz24 March 202615 questions with answers and explanationssafalsetu.com
0 correct of 0 answered · 15 questions

1. What is SWAMIH Investment Fund II mainly meant to do?

Answer: D. The ₹15,000 crore fund targets unfinished affordable and mid-income housing projects and gives relief to stuck homebuyers.

2. Under which project is the stealth frigate Taragiri (F41) being built?

Answer: E. Taragiri is a stealth guided-missile frigate from Project 17A, which stresses stealth and modern combat ability.

3. What was the reason for India's withdrawal from the Iran–Pakistan–India (IPI) pipeline project?

Answer: C. India left the project in 2007 over U.S. sanctions worries (CAATSA), pricing disputes and security risks, particularly in Balochistan.

4. Which kinds of industries does the term "Orange Economy" describe?

Answer: A. It covers fields like media, entertainment, digital content and cultural industries that depend on creativity, intellectual property and technology.

5. What is the highest guarantee coverage offered to small MFIs under CGSMFI-2.0?

Answer: B. The scheme has tiered guarantee cover, and small MFIs get the top tier of 80% to encourage microfinance lending.

6. What does a negative Net FDI indicate?

Answer: A. It arises when foreign money leaving through repatriation and disinvestment is greater than fresh inflows, signalling strain on the external sector.

7. SEBI lowered the minimum investment in Social Impact Funds (AIFs) to what amount?

Answer: C. The minimum fell from ₹2 lakh to ₹1,000, which is intended to widen retail participation and inclusive finance.

8. What is the chief aim of RBI's cross-border CBDC initiatives?

Answer: B. RBI is building cross-border CBDC systems to cut costs, speed up settlement and ease compliance in global payments.

9. What does Agri-Photovoltaics (AgriPV) mean?

Answer: D. Panels are placed on farmland so the same land produces electricity and crops, which uses land more efficiently.

10. Because it tolerates shade, which crop is best suited to AgriPV?

Answer: E. Shade-loving crops like turmeric, ginger and leafy vegetables do well under the reduced sunlight below solar panels.

11. Before becoming chairman, Jose Joseph Kattoor had been on South Indian Bank's board as what since July 2024?

Answer: D. He had been an Independent Director since 18 July 2024 before taking the chair.

12. Which national programme is India's main vehicle for tuberculosis elimination?

Answer: C. The NTEP is the primary national mission against TB and uses a patient-first approach.

13. India's exports to the US in February 2026 changed by what amount?

Answer: B. Exports to the US dropped 12.88% to $6.88 billion, yet it remained the largest market.

14. What is the corpus of SWAMIH Investment Fund II?

Answer: D. The fund size is ₹15,000 crore.

15. Which shipyard built the stealth frigate Taragiri (F41) under Project 17A?

Answer: C. Taragiri was built by Mazagon Dock Shipbuilders Limited, Mumbai.