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Medium Free Current Affairs Daily Current Affairs

Daily Current Affairs 3 October 2026

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28 Questions
No limit Duration
60% To pass
1.00 Marks / correct

Instructions

  • This quiz has 28 questions.
  • There is no time limit on this quiz.
  • You need 60% to pass.
  • There is no negative marking.
  • You can mark questions for review and return to them before submitting.
  • Correct answers and explanations are shown after you submit.

Sample Questions & Answers

A preview of 12 questions from this quiz, each with the correct answer and a written explanation. Attempt the full, timed quiz to be scored and earn XP.

  1. Question 1

    Which payment service officially launched in India on 1 October 2026 after years of global expansion?

    • Apple Pay Correct answer
    • Google Pay International
    • Samsung Pay India
    • PayPal UPI
    Explanation: Apple Pay launched in India on 1 October 2026, with Axis Bank reported as its first partner.
  2. Question 2

    Which Indian bank was reported as Apple Pay's first partner when the service launched in India?

    • HDFC Bank
    • Axis Bank Correct answer
    • ICICI Bank
    • State Bank of India
    Explanation: Axis Bank was reported as Apple Pay's first Indian banking partner at launch.
  3. Question 3

    What was India's gross GST collection in September 2026?

    • ₹1.84 trillion
    • ₹2.24 trillion
    • ₹2.04 trillion Correct answer
    • ₹1.94 trillion
    Explanation: Gross GST collections in September 2026 were reported at ₹2.04 trillion.
  4. Question 4

    By what percentage did India's gross GST collection rise year on year in September 2026?

    • 12.7%
    • 16.4%
    • 10.7%
    • 14.7% Correct answer
    Explanation: The September 2026 GST collection was 14.7% higher than a year earlier.
  5. Question 5

    What retail inflation rate for August 2026 was cited in the Finance Ministry's September economic review?

    • 4.82% Correct answer
    • 3.82%
    • 5.82%
    • 6.82%
    Explanation: The Finance Ministry's September review cited retail inflation of 4.82% for August 2026.
  6. Question 6

    What foreign-exchange reserve level was cited for India in the September 2026 economic review?

    • $785.7 billion
    • $765.9 billion Correct answer
    • $735.9 billion
    • $805.9 billion
    Explanation: The review cited India's forex reserves at $765.9 billion.
  7. Question 7

    What import-cover duration did India's foreign-exchange reserves provide according to the September 2026 economic review?

    • 9.1 months
    • 12.1 months
    • 11.1 months Correct answer
    • 10.1 months
    Explanation: The Finance Ministry said India's reserves provided about 11.1 months of import cover.
  8. Question 8

    Which weather phenomenon was identified as a risk to winter crop yields in the Finance Ministry review?

    • A strong La Niña
    • A polar vortex
    • A weak monsoon trough
    • A strong El Niño Correct answer
    Explanation: The review warned that a strong El Niño could affect winter crop yields.
  9. Question 9

    What was India's reported monsoon rainfall shortfall for June-September 2026?

    • 12.6% below normal Correct answer
    • 7.6% below normal
    • 15.6% below normal
    • 9.6% below normal
    Explanation: Reuters reported that the June-September monsoon was 12.6% below normal, the weakest in more than a decade.
  10. Question 10

    Which crop-related policy was India considering on 1 October 2026 to help curb food inflation?

    • Higher export duties on rice
    • Lower import tariffs on selected pulses Correct answer
    • A ban on lentil imports
    • A new GST on pulses
    Explanation: India was considering lower import tariffs on some pulses to increase supplies and curb food inflation.
  11. Question 11

    Which pulse was reportedly excluded from the possible import-duty reduction being considered by India?

    • Red lentils
    • Yellow peas
    • Chickpeas Correct answer
    • Pigeon peas
    Explanation: Reuters reported that any reduction could cover lentils and yellow peas, while chickpeas could be excluded.
  12. Question 12

    What import duty did India currently impose on yellow peas according to the 1 October 2026 Reuters report?

    • 20%
    • 10%
    • 15%
    • 30% Correct answer
    Explanation: The Reuters report said India imposed a 30% import tax on yellow peas.

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Frequently Asked Questions

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