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Daily Current Affairs Quiz – 26 August 2026

Test your knowledge with 30 important Daily Current Affairs questions from 26 August 2026. Practice the latest national, international, economy, banking, defence, science, technology and other exam-relevant current affairs.

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

Instructions

  • This quiz has 29 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 notified outlay of the Mobile Phone Manufacturing Scheme (MPMS) approved by MeitY in August 2026?

    • ₹42,500 crore
    • ₹52,500 crore
    • ₹62,500 crore Correct answer
    • ₹72,500 crore
    Explanation: The Mobile Phone Manufacturing Scheme has a notified outlay of ₹62,500 crore.
  2. Question 2

    Which ministry notified the Mobile Phone Manufacturing Scheme (MPMS)?

    • Ministry of Electronics and Information Technology Correct answer
    • Ministry of Finance
    • Ministry of Commerce and Industry
    • Ministry of Heavy Industries
    Explanation: The MPMS was notified by the Ministry of Electronics and Information Technology.
  3. Question 3

    What is the duration of the Mobile Phone Manufacturing Scheme?

    • 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 2032-33
    Explanation: The scheme covers five years from FY 2026-27 to FY 2030-31.
  4. Question 4

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

    • PLI Scheme for Large Scale Electronics Manufacturing Correct answer
    • PLI Scheme for Automobiles
    • PM GatiShakti
    • Electronics Development Fund
    Explanation: MPMS succeeds the Production Linked Incentive Scheme for Large Scale Electronics Manufacturing.
  5. Question 5

    What moving baseline is used for calculating incentives under the scale-up component of MPMS?

    • Previous year's domestic sales plus 5%
    • Previous year's domestic sales plus 10%
    • Previous year's domestic sales plus 15% Correct answer
    • Previous year's domestic sales plus 20%
    Explanation: The MPMS uses a moving baseline equal to the previous year's domestic sales plus 15%.
  6. Question 6

    Which city hosted the BRICS ICT Track meeting under India's BRICS chairship?

    • Pune Correct answer
    • Bengaluru
    • Hyderabad
    • New Delhi
    Explanation: The Department of Telecommunications hosted the BRICS ICT Track in Pune, Maharashtra.
  7. Question 7

    Which two countries signed a telecommunications and ICT cooperation MoU during the BRICS ICT meetings?

    • India and Brazil Correct answer
    • India and Singapore
    • India and Japan
    • India and South Africa
    Explanation: India and Brazil signed the telecommunications and ICT cooperation MoU in Pune.
  8. Question 8

    Which technology area was included in the India-Brazil ICT cooperation agreement?

    • 5G and 6G technologies Correct answer
    • Nuclear fusion
    • Deep-sea mining
    • Satellite navigation only
    Explanation: The agreement covers areas including AI, 5G, 6G, Open RAN, IoT and cybersecurity.
  9. Question 9

    What does EEFC stand for in the new Razorpay facility for exporters?

    • Export Earnings Foreign Credit
    • Exchange Earners' Foreign Currency Correct answer
    • Electronic Export Finance Certificate
    • External Exchange Finance Currency
    Explanation: EEFC stands for Exchange Earners' Foreign Currency.
  10. Question 10

    Which bank partnered with Razorpay for its Multi-Currency EEFC Account?

    • RBL Bank Correct answer
    • State Bank of India
    • Punjab National Bank
    • Bank of Baroda
    Explanation: Razorpay launched the Multi-Currency EEFC Account in partnership with RBL Bank.
  11. Question 11

    Which of the following is one of the five currencies supported by Razorpay's Multi-Currency EEFC Account?

    • Singapore Dollar Correct answer
    • Swiss Franc
    • Canadian Dollar
    • Japanese Yen
    Explanation: The facility supports USD, EUR, GBP, AED and Singapore Dollar.
  12. Question 12

    From October 1, 2026, what fee will SBI charge for each cash withdrawal beyond four monthly free withdrawals on eligible branch-opened BSBD accounts?

    • ₹10 plus GST
    • ₹15 plus GST Correct answer
    • ₹20 plus GST
    • ₹25 plus GST
    Explanation: SBI will charge ₹15 plus applicable GST for each withdrawal beyond the four free monthly transactions.

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Explore more: All Current Affairs quizzes · Daily Current Affairs

Daily Current Affairs Quiz – 26 August 2026

Stay updated with the latest Daily Current Affairs 26 August 2026 through this practice quiz featuring 30 multiple-choice questions. These questions are useful for aspirants preparing for SSC, Banking, Railway, UPSC, State PSC, Defence and other competitive examinations.

26 August 2026 Current Affairs

This daily current affairs quiz covers important developments and events relevant to competitive exams, including national affairs, international developments, economy and banking, government initiatives, defence, science and technology, digital transformation and important national and international observances.

Topics Covered in Today's Current Affairs Quiz

  • National Current Affairs
  • International Current Affairs
  • Economy and Banking
  • Government Schemes and Policies
  • Defence and Security
  • Science and Technology
  • Digital and Technology Developments
  • Sports Current Affairs
  • Important Days and Events

Daily Current Affairs MCQs for Competitive Exams

Regularly solving current affairs MCQs is an effective way to revise important events and improve your preparation for competitive examinations. Attempt all 30 questions and check your score to identify areas that need more revision.

This 26 August 2026 Current Affairs Quiz is designed for quick daily revision and can help candidates preparing for SSC, Banking, Railway, UPSC and other government examinations.

How to Prepare Current Affairs Daily?

Read important news regularly, focus on government initiatives and major national and international developments, and revise current affairs through MCQs. Daily practice helps you remember important facts and improves speed and accuracy in competitive examinations.

Attempt the quiz now and see how well you know today's current affairs.

Frequently Asked Questions

This quiz has 29 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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