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Daily Current Affairs Quiz - 24 August 2026

Test your knowledge of important current events from 24 August 2026 with a focused daily quiz.

30 Questions
No limit Duration
40% To pass
1.00 Marks / correct

Instructions

  • This quiz has 30 questions.
  • There is no time limit on this quiz.
  • You need 40% 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

    What is the total outlay of the Mobile Phone Manufacturing Scheme (MPMS) notified by the Government of India?

    • ₹42,500 crore
    • ₹52,500 crore
    • ₹62,500 crore Correct answer
    • ₹72,500 crore
    Explanation: The MPMS has a notified outlay of ₹62,500 crore for five years from FY 2026-27 to FY 2030-31.
  2. Question 2

    For which period will the Mobile Phone Manufacturing Scheme (MPMS) operate?

    • FY 2025-26 to FY 2029-30
    • FY 2026-27 to FY 2030-31 Correct answer
    • FY 2027-28 to FY 2031-32
    • FY 2026-27 to FY 2031-32
    Explanation: The scheme runs for five years from FY 2026-27 through FY 2030-31.
  3. Question 3

    Which earlier scheme is succeeded by the Mobile Phone Manufacturing Scheme?

    • PLI-LSEM Correct answer
    • PM GatiShakti
    • PM-KUSUM
    • National Logistics Policy
    Explanation: MPMS succeeds the Production Linked Incentive Scheme for Large Scale Electronics Manufacturing, whose tenure ended on 31 March 2026.
  4. Question 4

    Which ministry is the nodal ministry for the Mobile Phone Manufacturing Scheme?

    • Ministry of Finance
    • Ministry of Commerce and Industry
    • Ministry of Electronics and Information Technology Correct answer
    • Ministry of Heavy Industries
    Explanation: The Mobile Phone Manufacturing Scheme is under the Ministry of Electronics and Information Technology.
  5. Question 5

    What minimum FY 2025-26 turnover must an applicant manufacturer or EMS company have for the MPMS scale-up component?

    • ₹5,000 crore
    • ₹7,500 crore
    • ₹10,000 crore Correct answer
    • ₹15,000 crore
    Explanation: Applicant companies must be incorporated in India and have recorded at least ₹10,000 crore turnover in FY 2025-26.
  6. Question 6

    What is the moving baseline used for calculating MPMS incentives on sales?

    • Previous-year domestic sales plus 5%
    • Previous-year domestic sales plus 10%
    • Previous-year domestic sales plus 15% Correct answer
    • Previous-year domestic sales plus 20%
    Explanation: The MPMS uses a moving baseline equal to the previous year's domestic sales plus 15%.
  7. Question 7

    Which is a strategic objective of the second component of MPMS?

    • Building Indian-owned mobile brands Correct answer
    • Privatising telecom spectrum
    • Replacing all feature phones
    • Subsidising imported smartphones
    Explanation: The second component aims to build globally competitive Indian-owned mobile brands with domestic IP and management control.
  8. Question 8

    What was the main focus of the India-Brazil MoU signed on the sidelines of the BRICS ICT Track meeting?

    • Telecommunications and ICTs Correct answer
    • Agricultural exports only
    • Defence procurement only
    • Tourism promotion only
    Explanation: India and Brazil signed an MoU to deepen bilateral cooperation in telecommunications and information and communication technologies.
  9. Question 9

    At which event was the India-Brazil telecommunications and ICT MoU signed?

    • 12th BRICS Communications Ministers Meeting Correct answer
    • BRICS Tourism Ministers Meeting
    • G20 Digital Economy Meeting
    • SCO Defence Ministers Meeting
    Explanation: The India-Brazil MoU was signed on the sidelines of the 12th BRICS Communications Ministers Meeting in Pune.
  10. Question 10

    How much loan did India and the Asian Development Bank sign for the Chennai Climate-Resilient Water Security and Sewerage Project?

    • $130 million
    • $180 million
    • $230 million Correct answer
    • $330 million
    Explanation: India and ADB signed a $230 million loan agreement for the Chennai water security and sewerage project.
  11. Question 11

    Which city is the focus of the ADB-backed Climate-Resilient Water Security and Sewerage Project?

    • Chennai Correct answer
    • Pune
    • Jaipur
    • Visakhapatnam
    Explanation: The project is designed to modernise water supply and wastewater infrastructure in Chennai.
  12. Question 12

    What is the primary purpose of the Chennai project supported by the ADB loan?

    • Modernising water supply and wastewater infrastructure Correct answer
    • Building a new international airport
    • Expanding metro rail to other states
    • Developing a coastal missile system
    Explanation: The project focuses on climate-resilient water supply and sewerage infrastructure in Chennai.

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24 August 2026 Current Affairs Quiz

This daily quiz brings together important current affairs from India and around the world, including developments in government, economy, science, technology, international affairs and sports.

Keep Your Current Affairs Preparation Consistent

Current affairs are easier to retain when revised regularly. Attempt the quiz without checking the answers first, then use the explanations to review topics that need another look.

Frequently Asked Questions

This quiz has 30 questions and no time limit.

You need at least 40% to pass this quiz.

No, there is no negative marking on this quiz.

Yes. You can attempt this quiz again at any time, though first-attempt XP bonuses apply only once.

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