May 2026 Current Affairs, FREE PDF & Live Quiz

Q1. What is the asset threshold below which a Type I NBFC, with no public funds and no customer interface, is exempt from registration under the updated RBI guidelines?

Q2. Eligible existing NBFCs must apply for deregistration through which RBI portal by December 31, 2026?

Q3. Under the updated RBI norms, what percentage of total loans is capped as the aggregate unsecured lending limit for Urban Cooperative Banks (UCBs)?

Q4. What is the maximum individual unsecured loan limit set by the RBI for Tier-1 Urban Cooperative Banks (UCBs)?

Q5. For Tier-I and Tier-II UCBs, the tenure of housing loans has been strictly capped at how many years?

Q6. What maximum moratorium period is permitted by the RBI for under-construction housing loans extended by Tier-I and Tier-II UCBs?

Q7. As of late April 2026, what percentage of the withdrawn Rs. 2,000 banknotes has been successfully returned to the banking system?

Q8. Under the revised rules for outward remittance tie-ups, Authorised Dealer (AD) Category-I banks no longer require prior approval from the RBI for which transactions?

Q9. Which regulatory framework buffer did the RBI decide against activating, stating that current systemic risk conditions do not warrant it?

Q10. The concept of the Countercyclical Capital Buffer (CCyB) originally emerged following which global financial event?

Q11. The RBI removed the Investment Fluctuation Reserve (IFR) requirement for banks that maintain capital charge for market risk under which capital tier?

Q12. For bank categories that must continue under the IFR framework (such as SFBs and RRBs), the minimum reserve will now be assessed at what frequency?

Q13. Why did the RBI reject requests from Small Finance Banks (SFBs) to be exempted from the IFR requirement?

Q14. Pillar 3 of the Basel Framework, for which the RBI proposed revised disclosure norms, primarily aims to promote which of the following?

Q15. According to the RBI’s draft guidelines, Pillar 3 risk disclosures must generally be published concurrently with which documents?

Q16. What record surplus transfer/dividend did the RBI declare for the government for the fiscal year FY26?

Q17. By what percentage did the RBI’s balance sheet expand, reaching Rs. 91.97 lakh crore at the end of March 31, 2026?

Q18. The RBI formed an 8-member expert panel named Q-SAFE to explore security frameworks in the financial sector. What does “Q-SAFE” stand for?

Q19. Who has been appointed as the convenor of the newly formed Q-SAFE expert committee by the RBI?

Q20. The mandatory cooling-off period introduced by the RBI for co-operative bank directors after serving a continuous 10-year term is fixed at how many years?

Q21. According to S&P Global’s “India Forward” report, what is India’s revised GDP growth projection for FY27 amid geopolitical conflicts?

Q22. Which base year has been officially adopted by the National Statistics Office (NSO) for compiling Gross State Value Added (GSVA) estimates?

Q23. Under the NSO’s revised framework, which primary administrative platform serves as a key data source for compiling GSVA estimates?

Q24. Ahead of the official data release, what GDP growth rate did State Bank of India (SBI) Research project for the Indian economy for Q4 of FY25-26?

Q25. Citing higher energy costs and subdued private consumption, Moody’s Ratings adjusted India’s real GDP growth forecast for the calendar year 2026 to what percentage?

Q26. To curb overseas purchases and safeguard foreign exchange reserves, the Government increased the import duty on gold and silver to what total percentage?

Q27. Driven by a steep rise in fuel and energy prices, India’s WPI-based inflation rose to a 42-month high of what percentage in April 2026?

Q28. What is the current base year utilized by the Ministry of Commerce and Industry to calculate India’s Wholesale Price Index (WPI)?

Q29. The Directorate General of Foreign Trade (DGFT) capped duty-free gold imports under the Advance Authorisation (AA) scheme at what maximum quantity per license?

Q30. India’s total gold imports recorded a sharp rise of 24 per cent during the fiscal year FY26, climbing to approximately what value?

Q31. Union Minister Nitin Gadkari launched India’s first Multi-Lane Free Flow (MLFF) barrier-less tolling system at which highway plaza?

Q32. What primary integrated technologies enable the new barrier-free tolling infrastructure implemented on Indian highways?

Q33. The Cabinet Committee on Economic Affairs (CCEA) approved a state-of-the-art Ship Repair Facility at Vadinar, designed to handle vessels up to what length?

Q34. Vadinar, where the new high-value maritime Ship Repair Facility is set to be established, is located in which Indian state?

Q35. The Ministry of Health and Family Welfare issued comprehensive directives mandating strict adherence to fire safety norms across which establishments?

Q36. Union Minister Nitin Gadkari approved Rs. 1,427.61 crore for the construction of a 14.9 km four-lane bypass on NH-83 in Tamil Nadu at which location?

Q37. The Ministry of Statistics and Programme Implementation (MoSPI) released a detailed publication tracking socio-economic progress titled what?

Q38. According to MoSPI’s report, what was the recorded national sex ratio at birth at the all-India level during the period 2021–23?

Q39. In the newly updated Panchayati Raj Assessment Index (PAI), which Indian state secured the highest position with 10.1 per cent of its panchayats in Category ‘A’?

Q40. According to the Ministry of Panchayati Raj, the nationwide PAI framework measures rural local governance outcomes across how many total parameters?

Q41. The United States Trade Representative (USTR) placed India on which specific regulatory list within its Special 301 Report on Intellectual Property rights?

Q42. Which of the following countries was NOT included alongside India on the U.S. Trade Representative’s Priority Watch List in the April 2026 report?

Q43. The Bureau of Indian Standards (BIS) hosted the international meetings for the ISO TC 20 / SC 14 subcommittee for the first time in New Delhi. What is its core focus?

Q44. The European Union (EU) updated its draft food-safety list to include India, allowing the continuation of which critical export past September 2026?

Q45. What specific standard did India satisfy to be reinstated on the EU’s eligible marine export roster?

Q46. Which region was the single largest export destination for Indian marine products in the last fiscal year, accounting for roughly 19% of the total output?

Q47. India’s global marine product exports achieved a significant growth milestone of 14 per cent, totaling what financial value in FY26?

Q48. India deployed its flagship “Aarogya Maitri” portable healthcare infrastructure to which Caribbean nation as part of South-South humanitarian cooperation?

Q49. Which apex national security body guided and coordinated the tactical deployment of the Aarogya Maitri health cubes to the Caribbean?

Q50. India and Japan reviewed healthcare strategies and expanded bilateral cooperation during their 3rd Joint Committee Meeting held at which venue?

Q51. Which Indian shooter delivered a spectacular performance to secure a historic win in the women’s 25m pistol event at the ISSF Munich World Cup?

Q52. Esha Singh finished her golden 25m pistol campaign at Munich with a record-setting final score of how many hits?

Q53. At the Asian Under-23 Wrestling Championships in Da Nang, Vietnam, which Indian athlete dominated the men’s freestyle 65 kg final to clinch gold?

Q54. Indian freestyle wrestler Chandermohan edged out Kazakhstan’s Yerkhan Abil to win the Under-23 Asian gold medal in which weight category?

Q55. Which historic sporting achievement is commemorated in the newly released sports literature book titled India’s First Olympic Gold?

Q56. Who is the author of the analytical historical sports book India’s First Olympic Gold?

Q57. On what exact date did the Indian hockey team script history by clinching its first-ever Olympic gold medal in Amsterdam?

Q58. Which legendary unseeded player and international tennis icon passed away at the age of 91, as officially announced by Tennis Australia?

Q59. The Asian Football Confederation (AFC), responsible for managing major soccer tournaments across the continent, is permanently headquartered in which city?

Q60. Indian Olympic Association (IOA) President who officially unveiled the commemorative book charting India’s early Olympic journeys is:

Q61. APEDA signed a long-term lease agreement to set up India’s first dedicated Basmati and Organic Training Centre-cum-Demo Farm at which location?

Q62. What is the total duration/tenure of the land lease agreement signed between APEDA and the Uttar Pradesh Government for this organic baseline facility?

Q63. India’s global exports of premium Basmati rice achieved a significant economic milestone by crossing what valuation mark in the last financial year?

Q64. The Unique Identification Authority of India (UIDAI) signed a strategic 5-year pact to advance cybersecurity and digital forensics research with which university?

Q65. Which commercial public sector banking entity partnered with IIT Madras to establish the secure institutional banking research lab named “I2SSL”?

Q66. What does the abbreviation “I2SSL” signify in the context of the newly established IDBI Bank-IIT Madras collaborative technology infrastructure?

Q67. Which apex corporate governance body signed an MoU with the National Institute of Securities Markets (NISM) to strengthen ESG and BRSR capacity building?

Q68. What critical regulatory reporting standard forms a core pillar of the new academic collaboration framework between NISM and IICA?

Q69. Which educational institution signed a memorandum with Himachal Pradesh University to conduct joint research on green energy and advanced magnetic materials?

Q70. The International Fund for Agricultural Development (IFAD) launched a long-term strategy for India (COSOP 2026-2031) in partnership with which apex financial institution?

Q71. What is the total financial outlay earmarked for the newly launched, convergence-led “Mizoram Ginger Mission”?

Q72. Which central entity launched the massive multi-crore infrastructure and livelihood initiative named Mizoram Ginger Mission?

Q73. The newly notified rural employment scheme “VB-GRAMIN” is scheduled to replace which flagship social program from July 1, 2026?

Q74. What is the official full form of the newly introduced “VB-GRAMIN” mission launched with an initial allocation of over Rs. 95,000 crore?

Q75. Under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), what total life insurance coverage sum is provided to the nominee in the event of the subscriber’s death?

Q76. What is the eligible age bracket required for individuals to successfully enroll under the PMJJBY life insurance scheme?

Q77. The Pradhan Mantri Suraksha Bima Yojana (PMSBY) provides low-cost accidental death and disability coverage to citizens aged 18 to 70 years at what annual premium?

Q78. The old-age income security scheme Atal Pension Yojana (APY), which recently crossed 9 crore subscriber enrollments, is actively administered by which authority?

Q79. Union Minister Shivraj Singh Chouhan launched the next phase of rural connectivity infrastructure development. What is the name of this scheme?

Q80. Which state received a significant “mother sanction” of Rs. 2,055 crore to accelerate rural house construction under Pradhan Mantri Awas Yojana-Gramin (PMAY-G)?

Q81. Senior Indian politicians Samrat Choudhary and Nara Chandrababu Naidu took oaths of office following assembly polls. They are currently the Chief Ministers of which states respectively?

Q82. Who serves as the current Chief Minister of the northeastern state of Assam, as listed in the national governance archives?

Q83. Justice (Retd.) S. Abdul Nazeer is currently holding the office of Governor in which Indian state?

Q84. Who is the current Governor of Chhattisgarh, following the latest senior organizational transfers and institutional appointments?

Q85. Name the current Chief Minister of Goa who manages the coastal state’s executive governance:

Q86. Acharya Dev Vrat holds the executive constitutional position of Governor in which western industrial state of India?

Q87. Who is the sitting Chief Minister of Jharkhand who returned to lead the state’s council of ministers?

Q88. Shri Thaawarchand Gehlot is the designated constitutional Governor of which prominent southern technology state?

Q89. Who among the following is the serving Chief Minister of Haryana heading the executive administration?

Q90. Name the current Chief Minister of Himachal Pradesh who released several major literary and state policy updates during recent regional meets:

Q91. The Ministry of Commerce and Industry reported that the Wholesale Price Index (WPI) inflation spiked dramatically to what high level in early 2026?

Q92. Which sub-category within the WPI architecture registered the steepest inflationary pressure, recording a massive 24.71% surge?

Q93. The international report India Forward assessing structural shifts, regional spillover risks, and commodity shocks was formally compiled and released by which credit agency?

Q94. According to the Panchayati Raj Assessment Index (PAI), which regions dominated the lowest tier, representing a high concentration of panchayats in the worst-performing ‘Category D’?

Q95. How many specific data points are thoroughly tracked across rural blocks to anchor the PAI framework within the United Nations’ Sustainable Development Goals (SDGs)?

Q96. The United States Trade Representative’s annual evaluation mechanism that highlights global intellectual property enforcement deficits is widely known as what?

Q97. In MoSPI’s gender baseline statistical database, how many key socio-economic indicators were supplemented with metadata to track long-term demographic balances?

Q98. The prestigious Sahitya Akademi Awards, a cornerstone of testing literary achievements, are annually presented for outstanding original creative works in how many Indian languages?

Q99. S&P Global’s macroeconomic indicators highlighted that which specific Indian financial matrix did NOT face immediate explicit pressure from West Asia trade bottlenecks?

Q100. According to official trade records, the United States imposed what steep tariff levy on certain global imports, altering India’s seafood trade routes?

Q101. The National Statistics Office issued its pathbreaking revised guidelines on provincial Gross State Value Added compilation in which month?

Q102. The Reserve Bank of India originally announced its historic currency management exercise withdrawing the Rs. 2,000 banknotes on what date?

Q103. The landmark guidelines tightening Urban Cooperative Banks’ unsecured credit limits are officially slated to come into force on which date?

Q104. The newly designed, multi-lane barrier-less tolling network framework is mandated to expand across multiple Indian National Highways starting from which timeline?

Q105. Under the revised Type I NBFC regulations, existing non-public fund entities are given a one-time deregistration transition window until when?

Q106. The newly formulated, high-budget “VB-GRAMIN” mission rural social-security framework is scheduled to formally replace MGNREGA on what date?

Q107. The international ISO TC 20 / SC 14 standardisation summit hosted by the Bureau of Indian Standards was convened in which city?

Q108. The 3rd High-Level Joint Committee Meeting on Healthcare expanding strategic medical ties between India and Japan took place at which infrastructure venue?

Q109. Hindi Journalism Day celebrations frequently test historical roots. In which historic year was the first pure Hindi weekly newspaper Udant Martand launched?

Q110. The expert committee on Quantum Secure and Adaptive Financial Ecosystem (Q-SAFE) is mandated to present its comprehensive technical roadmap report within what timeframe?

Q111. Razorpay launched “Banking Connect,” an interoperable plug-and-play middleware solution specifically aimed at addressing vulnerabilities in which ecosystem?

Q112. The newly established IDBI-IITM Secure Systems Lab (I2SSL) is designed to operate as a specialized hub for tracking and advancing research in what primary domain?

Q113. IndiaAI, running under MeitY, inked a milestone MoU with which apex national body to accelerate the deployment of responsible Artificial Intelligence in healthcare?

Q114. As India tests cutting-edge strategic hypersonic capabilities, it is worth noting the foundational roots of our defense complex. In which year was the DRDO formally established?

Q115. To combat rising city pollution, India’s first solar-powered “Algae Tree” air purification system was successfully installed in which city?

Q116. Which Indian green innovation enterprise spearheaded the engineering and field installation of the solar-powered microalgae air purifier in Madhya Pradesh?

Q117. Scientists from Mizoram University and Germany’s Max Planck Institute discovered a new species of worm-eating snake in the Northeast belonging to which genus?

Q118. The first biological specimen of the newly discovered worm-eating snake species was collected during an expedition to which wildlife sanctuary/park?

Q119. The technical standardisation meetings hosted by the Bureau of Indian Standards (BIS) focus on establishing universal parameters across what lifecycle?

Q120. Which government ministry acts as the implementation anchor for the flagship “IndiaAI” technology initiative through the Digital India Corporation?

Q121. Solicitor General Tushar Mehta authored two legal-narrative books launched at a high-profile meet. One of them is titled The Bench, The Bar and The Bizarre; what is the title of the second?

Q122. Who among the following sitting legal officers authored the newly unveiled courtroom chronicles The Bench, The Bar and The Bizarre?

Q123. The commemorative biographical book The Library Man of India: The Story of P.N. Panicker was written by which author?

Q124. Vice President C. P. Radhakrishnan officially unveiled The Library Man of India: The Story of P.N. Panicker at which institutional venue?

Q125. The historical-political novel titled Bazaar, documenting crucial social-political events spanning from 1971 to 1992, was written by whom?

Q126. Which state leader officially released the updated second edition of the prominent socio-political novel Bazaar?

Q127. Which Union Minister authored the memoir Apnapan: Narendra Modi sang mere anubhav, detailing a long working partnership with the Prime Minister?

Q128. In the launch discussions of Apnapan, which Indian state’s successful girl child education models were noted as being deeply inspired by Narendra Modi’s Kanya Kelavani initiative?

Q129. The historical sports book India’s First Olympic Gold was released by which iconic legendary track athlete currently serving as the IOA President?

Q130. Who is the author of the detailed archival sports chronicle tracking the 1928 hockey win titled India’s First Olympic Gold?

Q131. The Mizoram government launched a real-time emergency reporting app named “Khuarel”. What is its core function?

Q132. Which minister unveiled the innovative real-time emergency coordination portal “Khuarel” in Aizawl?

Q133. The Employees’ Provident Fund Organisation (EPFO) is launching a new digital tracking portal to enable Aadhaar-based authentication. What is its name?

Q134. Which premier think-tank launched the “Central Prabhari Officer (CPO) Portal” to boost real-time governance under the Aspirational Districts and Blocks Programme?

Q135. Through what primary structural method do designated Central Prabhari Officers submit live field-level loop feedback on the newly launched CPO portal?

Q136. The Ministry of Health and Family Welfare introduced a QR-enabled national digital healthcare system to monitor maternal and child care tracking named what?

Q137. The newly introduced QR-enabled JANANI digital health platform is structurally integrated with which flagship health databases to ensure seamless records exchange?

Q138. The digital framework streamlined by the RBI to remove prior approval bottlenecks allows AD Category-1 banks to link up with third-party portals for what purpose?

Q139. In the newly launched CPO Portal, what specific focus tier is prioritized to ensure efficient last-mile public services delivery?

Q140. The specialized “PRAVAAH” platform, which handles the regulatory application and authorization process for NBFC deregistrations, is managed by which institution?

Q141. The Pradhan Mantri Suraksha Bima Yojana (PMSBY), a critical part of financial inclusion exams, covers accidental death and disability for citizens within what age bracket?

Q142. The National Payments Corporation of India (NPCI) serves as the umbrella body for retail payments steering systems. In which year was it incorporated?

Q143. In India’s widely implemented social security architecture, the Unique Account Number (UAN) deployed by the EPFO consists of how many digits?

Q144. The pathbreaking digital payment infrastructure framework Unified Payments Interface (UPI) was formally launched in India in which year?

Q145. In terms of commodity standard definitions, what karat value represents completely pure gold used as a global market pricing benchmark?

Q146. India has one of the world’s largest fossil reserves, which underpins over 55% of the national energy mix. Approximately how many billion tonnes are our coal reserves estimated to be?

Q147. Under the updated National Coal Gasification Mission, coal/lignite is industrially processed to generate which versatile feedstock gas to curb costly high-value imports?

Q148. What is the designated capital of the southern state of Andhra Pradesh, as recorded in our official administrative archives?

Q149. Name the capital of the northeastern border state Arunachal Pradesh, which is actively governed by Chief Minister Pema Khandu:

Q150. Which newspaper is widely recognized across competitive histories as the first-ever authentic Hindi language newspaper launched in India in 1826?