Current Affairs Quiz 06 June 2026

Daily Current Affairs Quiz Prelims Practice 2027

Score: 0 / 0
Q1
With reference to the Mega Science Vision-2035 (MSV-2035) Report, consider the following statements:
  • It proposes the development of indigenous climate-science instruments in India.
  • It recommends building India-specific Earth System Models using AI/ML tools.
  • It identifies dependence on imported uncalibrated instruments as a concern for scientific credibility.
How many of the above statements are correct?
  • AOnly one
  • BOnly two
  • CAll three
  • DNone
Answer: (c)

All three statements are correct. The MSV-2035 Report identifies India's overdependence on imported and poorly calibrated scientific instruments as a threat to scientific credibility, and advocates indigenous manufacturing to address this. It also recommends developing India-specific Earth System Models using AI/ML tools for more accurate and context-relevant climate research.

Q2
Consider the following pairs regarding the United Nations Security Council elections of 2026 (Country — Outcome):
  • Kyrgyzstan — First-ever UNSC membership
  • Germany — Won WEOG seat
  • Portugal — Elected as non-permanent member
Which of the pairs given above are correctly matched?
  • A1 and 3 only
  • B2 only
  • C1, 2 and 3
  • D3 only
Answer: (a)

Pair 1 is correct — Kyrgyzstan secured its first-ever UNSC non-permanent seat. Pair 3 is correct — Portugal was elected from the WEOG (Western European and Others Group). Pair 2 is incorrect — it was Portugal, not Germany, that won the WEOG seat; Germany failed to secure the required votes.

Q3
Which of the following institutions are correctly associated with the Navachar Mantra initiative?
  • Ministry of Skill Development and Entrepreneurship
  • NIESBUD
  • FITT, IIT Delhi
  • NITI Aayog
Select the correct answer using the code given below.
  • A1 and 2 only
  • B1, 2 and 3 only
  • C2, 3 and 4 only
  • D1, 2, 3 and 4
Answer: (b)

Navachar Mantra was launched by the Ministry of Skill Development and Entrepreneurship (MSDE) and implemented through NIESBUD, with FITT-IIT Delhi serving as the technical knowledge partner. NITI Aayog is not directly associated with this initiative.

Q4
In the context of national income accounting, which one of the following best describes Gross Fixed Capital Formation (GFCF)?
  • ATotal expenditure incurred by households on goods and services
  • BTotal value of exports minus imports in an economy
  • CAddition to fixed assets of the economy such as machinery and infrastructure
  • DDifference between GDP at current prices and constant prices
Answer: (c)

GFCF measures investment in productive fixed assets such as machinery, infrastructure, factories, and equipment, and is a key indicator of capital formation and future productive capacity. It does not refer to household consumption (option a), the trade balance (option b), or the GDP deflator (option d).

Q5
With reference to the Monetary Policy Committee (MPC) framework in India, consider the following statements:
  • The repo rate is the rate at which RBI lends short-term funds to commercial banks.
  • The Standing Deposit Facility rate is generally maintained above the repo rate.
  • India follows a flexible inflation-targeting framework with a tolerance band.
Which of the statements given above is/are correct?
  • A1 and 3 only
  • B1 only
  • C2 and 3 only
  • D1, 2 and 3
Answer: (a)

Statement 1 is correct — the repo rate is the rate at which RBI lends short-term funds to commercial banks. Statement 3 is correct — India follows a flexible inflation-targeting framework with a target of 4% and a tolerance band of ±2%. Statement 2 is incorrect — the Standing Deposit Facility (SDF) rate is maintained below the repo rate, forming the floor of the liquidity adjustment corridor, not above it.

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