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14 March 2026 Current Affairs MCQ UPSC-SSC-Banking level

MCQs – Current Affairs (14 March)

1. The Supreme Court of India recently clarified that which factor alone cannot determine “creamy layer” status in OBC reservations?

A. Educational qualification
B. Caste status
C. Parental income alone
D. Land ownership

Answer: C. Parental income alone

Explanation:
The Court clarified that parental income cannot be the only criterion for identifying the creamy layer within OBCs; broader socio-economic indicators should also be considered.


2. The Global Conference on the Role of Women in Agri-Food Systems 2026 was addressed by:

A. Narendra Modi
B. Jagdeep Dhankhar
C. Droupadi Murmu
D. Smriti Irani

Answer: C. Droupadi Murmu

Explanation:
President Droupadi Murmu addressed the conference highlighting the role of women in agriculture, food security, and rural development .


3. India is planning to launch a semiconductor development fund worth approximately:

A. ₹50,000 crore
B. ₹5 lakh crore
C. ₹1 trillion
D. ₹10 trillion

Answer: C. ₹1 trillion

Explanation:
India is preparing a ₹1 trillion semiconductor fund to strengthen domestic chip manufacturing and semiconductor ecosystem development .


4. The 22nd installment of the Pradhan Mantri Kisan Samman Nidhi was released from which city?

A. Jaipur
B. Guwahati
C. Varanasi
D. Patna

Answer: B. Guwahati

Explanation:
Prime Minister Narendra Modi released the installment in Guwahati, Assam , providing direct income support to farmers.


5. The International Rail Coach Expo 2026 was held at which railway manufacturing unit?

A. Rail Coach Factory Kapurthala
B. Modern Coach Factory Raebareli
C. Integral Coach Factory
D. Diesel Locomotive Works

Answer: C. Integral Coach Factory

Explanation:
The expo was held at ICF Chennai , showcasing modern rail coach technology and innovations.


6. Which Indian port became the first to implement Digital Twin technology ?

A. Jawaharlal Nehru Port
B. Paradip Port
C. V. O. Chidambaranar Port
D. Cochin Port

Answer: C. V. O. Chidambaranar Port

Explanation:
The port adopted Digital Twin technology to enable real-time monitoring and predictive management of port operations .


7. The Araku Kouni tribal millet menu initiative was launched by which Chief Minister?

A. Pinarayi Vijayan
B. K. Chandrashekar Rao
C. N. Chandrababu Naidu
D. Y. S. Jagan Mohan Reddy

Answer: C. N. Chandrababu Naidu

Explanation:
The initiative promotes tribal millet foods and local agricultural products from the Araku region.


8. Which organisation received the Governance Now 12th PSU National Award for Innovation for the “Dhwani Spandana” initiative?

A. BMTC
B. Karnataka State Road Transport Corporation
C. KSFC
D. BHEL

Answer: B. KSRTC

Explanation:
The award recognised the Dhwani Spandana initiative , which improves passenger communication and grievance resolution.


9. The SBI–MUFG partnership aims to strengthen financial cooperation between India and which country?

A. South Korea
B. Japan
C. Singapore
D. Australia

Answer: B. Japan

Explanation:
State Bank of India partnered with MUFG Bank to boost cross-border financing between India and Japan .


10. Which institution revised India’s FY27 GDP growth forecast to 7% ?

A. IMF
B. World Bank
C. ADB
D. Nomura Holdings

Answer: D. Nomura Holdings

Explanation:
Nomura slightly reduced India’s growth forecast from 7.1% to 7% .


11. Which fintech company received authorisation from RBI to operate as a Payment Aggregator ?

A. Razorpay
B. PhonePe
C. CRED
D. Paytm

Answer: C. CRED

Explanation:
RBI authorised CRED (Dreamplug Technologies) to operate as a Payment Aggregator under the Payment and Settlement Systems Act, 2007 .


12. The EASE reform agenda focuses on improving which sector?

A. Insurance companies
B. Microfinance institutions
C. Public Sector Banks
D. Cooperative banks

Answer: C. Public Sector Banks

Explanation:
The EASE (Enhanced Access and Service Excellence) reforms aim to improve customer service, governance, asset quality, and digital capabilities of PSBs .


13. Which Indian Navy vessel will participate in the 58th National Day celebrations of Mauritius ?

A. INS Kolkata
B. INS Vikrant
C. INS Trikand
D. INS Chennai

Answer: C. INS Trikand

Explanation:
The deployment reflects India’s maritime diplomacy and defence cooperation with Mauritius .


14. Which company acquired the AI-focused social networking platform Moltbook ?

A. Google
B. Microsoft
C. Meta Platforms
D. Amazon

Answer: C. Meta Platforms

Explanation:
Meta acquired Moltbook , which focuses on AI agents interacting within social networking environments .


15. Indonesia agreed to procure which missile system from India?

A. Akash
B. Nag
C. BrahMos missile
D. Astra

Answer: C. BrahMos missile

Explanation:
Indonesia’s agreement to purchase BrahMos missiles represents a major defence export milestone for India .

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