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3-4 May 2026 Current Affairs MCQ

1.

Which ministry notified the Citizenship Amendment Rules 2026?
A. Ministry of Law and Justice
B. Ministry of External Affairs
C. Ministry of Home Affairs
D. Ministry of Finance

Answer: C
Explanation: The Citizenship Amendment Rules 2026 were notified by the Ministry of Home Affairs to streamline procedures.

 


2.

Who chaired the BRICS Deputy Foreign Ministers meeting held in New Delhi?
A. S. Jaishankar
B. Neena Malhotra
C. Vinay Mohan Kwatra
D. Harsh Vardhan Shringla

Answer: B
Explanation: Dr. Neena Malhotra chaired the BRICS Deputy Foreign Ministers meeting focusing on West Asia and North Africa.


3.

The 46th Half-Yearly Report on Foreign Exchange Reserves was released by which institution?
A. SEBI
B. RBI
C. IMF
D. World Bank

Answer: B
Explanation: The Reserve Bank of India periodically publishes reports on foreign exchange reserves.


4.

RBI has mandated reporting of OTC forex derivative contracts involving INR to which entity?
A. NABARD
B. SEBI
C. CCIL
D. SIDBI

Answer: C
Explanation: The Clearing Corporation of India Limited (CCIL) is designated for reporting such transactions to enhance transparency.


5.

The PaRRVA framework is associated with which regulatory body?
A. RBI
B. SEBI
C. IRDAI
D. PFRDA

Answer: B
Explanation: SEBI operationalised PaRRVA to verify past risk-return claims of market intermediaries.


6.

Who has been appointed as Deputy Governor of the RBI?
A. Shaktikanta Das
B. Rohit Jain
C. T. Rabi Sankar
D. Viral Acharya

Answer: B
Explanation: Rohit Jain was appointed as Deputy Governor of the RBI by the Government of India.


7.

Anugraha Narayana Das assumed charge as:
A. Finance Secretary
B. Defence Secretary
C. CGDA
D. Chief Economic Advisor

Answer: C
Explanation: He became the Controller General of Defence Accounts, overseeing defence financial systems.


8.

Justice (Retd.) Anupinder Singh Grewal has been appointed as President of:
A. Supreme Court Bar Association
B. National Company Law Tribunal
C. Law Commission of India
D. Central Administrative Tribunal

Answer: B
Explanation: He has been appointed as the President of the NCLT.


9.

CINBAX-II 2026 is a joint military exercise between India and which country?
A. Vietnam
B. Thailand
C. Cambodia
D. Indonesia

Answer: C
Explanation: CINBAX-II is a bilateral military exercise between India and Cambodia.


10.

The Naval Anti-Ship Missile (Short Range) test was conducted by:
A. ISRO only
B. DRDO only
C. Indian Navy only
D. DRDO and Indian Navy

Answer: D
Explanation: The missile test was jointly conducted by DRDO and the Indian Navy.


11. (Concept-Based)

Why did RBI introduce a 3-day grace period for credit card payments?
A. To increase bank profits
B. To reduce digital transactions
C. To enhance consumer protection
D. To control inflation

Answer: C
Explanation: The move aims to protect consumers from penalties due to short delays in payment.


12.

The Coastal Atmospheric Research Testbed (C-ART) has been established at:
A. Chennai
B. Kochi
C. Visakhapatnam
D. Mumbai

Answer: C
Explanation: IITM established the facility in Visakhapatnam to strengthen coastal climate research.


13. (Application-Based)

Silicon Photonics technology launched at IIT Madras is primarily related to:
A. Agriculture
B. Communication systems
C. Space exploration
D. Defence missiles

Answer: B
Explanation: Silicon Photonics is used for high-speed data transmission and next-gen communication technologies.


14.

World Press Freedom Day is observed on:
A. May 1
B. May 2
C. May 3
D. May 4

Answer: C
Explanation: It is observed globally on May 3 to promote press freedom.


15.

Coal Miners Day in India is observed on:
A. May 1
B. May 3
C. May 4
D. April 30

Answer: C
Explanation: Coal Miners Day is celebrated on May 4 to recognize the contribution of coal workers.

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