MCQs – Current Affairs (15–16 March)
1. The Supreme Court of India recently allowed withdrawal of artificial life support in which passive euthanasia case?
A. Aruna Shanbaug Case
B. Harish Rana Case
C. Ram Kumar Case
D. Rohit Mehta Case
✅ Answer: B. Harish Rana Case
Explanation:
The Supreme Court permitted withdrawal of life support in the Harish Rana passive euthanasia case , contributing to the evolving legal framework governing end-of-life decisions and patient dignity in India .
2. Prime Minister Narendra Modi launched development projects worth over ₹24,000 crore during his visit to which state?
A. Meghalaya
B. Arunachal Pradesh
C. Assam
D. Nagaland
✅ Answer: C. Assam
Explanation:
During a two-day visit to Assam , the Prime Minister inaugurated projects related to infrastructure, energy, transportation, and welfare .
3. The event Purple Fest organised at Rashtrapati Bhavan was aimed at promoting the inclusion of which group?
A. Senior citizens
B. Farmers
C. Women entrepreneurs
D. Persons with disabilities
✅ Answer: D. Persons with disabilities
Explanation:
Purple Fest celebrated the achievements and capabilities of Divyangjan and promoted accessibility, inclusion, and empowerment.
4. The Bureau of Indian Standards certified four new steel grades developed by which plant?
A. Rourkela Steel Plant
B. Durgapur Steel Plant
C. Bokaro Steel Plant
D. Bhilai Steel Plant
✅ Answer: C. Bokaro Steel Plant
Explanation:
BIS certified ISC 440 LA, ISC 470 LA, ISC 510 LA, and ISC 550 LA steel grades , developed by Bokaro Steel Plant.
5. Which two institutions signed an agreement to collaborate on space medicine research for India’s human spaceflight missions?
A. DRDO and AIIMS
B. ISRO and DRDO
C. All India Institute of Medical Sciences and Indian Space Research Organisation
D. IIT Delhi and ISRO
✅ Answer: C. AIIMS and ISRO
Explanation:
The partnership focuses on astronaut healthcare, biomedical research, and space medicine for India’s future human spaceflight missions .
6. The 6th Digital Payments Awareness Week (DPAW) was organised by which institution?
A. SEBI
B. Reserve Bank of India
C. Ministry of Finance
D. NPCI
✅ Answer: B. Reserve Bank of India
Explanation:
RBI organised DPAW from 9–13 March 2026 to promote secure and responsible digital payment practices .
7. RBI imposed a monetary penalty of ₹2.70 lakh on which NBFC for regulatory non-compliance?
A. Bajaj Finance
B. Shriram Finance
C. Manappuram Finance Limited
D. Mahindra Finance
✅ Answer: C. Manappuram Finance Limited
Explanation:
RBI imposed the penalty for non-compliance with regulatory guidelines .
8. Public Sector Banks earned over ₹28,600 crore in the past five years mainly through:
A. Interest on loans
B. Treasury operations
C. Government subsidies
D. Distribution of third-party financial products
✅ Answer: D. Distribution of third-party financial products
Explanation:
PSBs earned income by selling insurance, mutual funds, credit cards, and demat services .
9. Which fintech company launched the world’s first payments Agent Studio using the Claude Agent SDK?
A. Paytm
B. PhonePe
C. Razorpay
D. Pine Labs
✅ Answer: C. Razorpay
Explanation:
Razorpay launched the Agent Studio for payments built using AI technology from Anthropic.
10. The National Stock Exchange of India recently advanced plans related to which major financial development?
A. Launch of new derivatives exchange
B. Digital currency platform
C. Initial Public Offering (IPO)
D. Global bond issuance
✅ Answer: C. Initial Public Offering (IPO)
Explanation:
NSE moved closer to its long-awaited IPO by appointing key intermediaries for the listing process .
11. Which bank raised a USD 500 million syndicated loan through its IFSC unit in GIFT City ?
A. SBI
B. ICICI Bank
C. Bank of Baroda
D. Axis Bank
✅ Answer: C. Bank of Baroda
Explanation:
The loan was raised via its unit at GIFT City to strengthen international banking operations.
12. Which bank launched EPF payment services through its internet banking platform SIBerNet ?
A. Federal Bank
B. South Indian Bank
C. HDFC Bank
D. IDFC First Bank
✅ Answer: B. South Indian Bank
Explanation:
The service enables customers to pay Employees’ Provident Fund contributions through online banking .
13. According to Ministry of Statistics and Programme Implementation, retail inflation in February 2026 increased to:
A. 2.21%
B. 2.74%
C. 3.21%
D. 4.01%
✅ Answer: C. 3.21%
Explanation:
Retail inflation increased from 2.74% in January 2026 to 3.21% in February 2026 .
14. Which Indian Navy sailing vessel reached Valletta, Malta during the expedition “Lokayan-26”?
A. INS Tarangini
B. INS Sudarshini
C. INS Vikrant
D. INS Kolkata
✅ Answer: B. INS Sudarshini
Explanation:
INS Sudarshini reached Malta as part of the Lokayan-26 transoceanic expedition promoting maritime training and diplomacy .
15. INS Trikand recently concluded its port call in which country?
A. Seychelles
B. Maldives
C. Mauritius
D. Sri Lanka
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Month: Current Affairs - Mar 16, 2026
Category: