3 July 2026 Current Affairs MCQ | Top 20 Headlines | Daily One-Liner for Exams
Welcome to your daily current affairs update for 3 July, 2026 MCQ . This video covers all important national and international events in a crisp one-liner format – ideal for UPSC, SSC, Banking, Railways, State PCS, and other competitive exams.
Q1. The Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) [VB-G RAM G] Act, 2025 came into force across India from:
A. 1 January 2026
B. 1 April 2026
C. 1 July 2026
D. 15 August 2026
Answer: C. 1 July 2026
Explanation: The VB-G RAM G Act became effective from 1 July 2026 to strengthen rural employment generation and livelihood opportunities across India.
Q2. According to the National Statistics Office (NSO) , India's unemployment rate in 2025 declined to:
A. 4.2%
B. 3.8%
C. 3.1%
D. 2.9%
Answer: C. 3.1%
Explanation: NSO reported that India's unemployment rate fell to 3.1% , the lowest level recorded in the past eight years.
Q3. The Government of India asked Meta to temporarily suspend the rollout of which feature?
A. Meta AI Assistant
B. WhatsApp Channels
C. WhatsApp Username Feature
D. Instagram Notes
Answer: C. WhatsApp Username Feature
Explanation: The rollout was temporarily paused pending further regulatory review by the Government of India.
Q4. Which Central Public Sector Enterprise (CPSE) was granted Miniratna Category-I status by the Ministry of Steel?
A. SAIL
B. MECON Limited
C. NMDC Limited
D. MOIL Limited
Answer: B. MECON Limited
Explanation: MECON Limited received Miniratna Category-I status in recognition of its financial strength and operational excellence.
Q5. What is the name of the permanent photo gallery inaugurated by Akashvani during its 90th anniversary celebrations?
A. Sangeet Smriti
B. Swaranjali
C. Swar Prerna Veethika
D. Sur Sadhana Gallery
Answer: C. Swar Prerna Veethika
Explanation: The gallery has been established to honour India's legendary musicians and preserve the country's rich musical heritage.
Q6. Who received the 2026 Leadership Award from the US-India Strategic Partnership Forum (USISPF) ?
A. Kumar Mangalam Birla
B. Mukesh Ambani
C. Sunil Bharti Mittal
D. Natarajan Chandrasekaran
Answer: C. Sunil Bharti Mittal
Explanation: The award recognized his contribution to strengthening India–US business and economic relations.
Q7. The Ministry of Tourism signed an MoU with:
A. Microsoft India
B. Google India Pvt. Ltd.
C. Amazon Web Services
D. Meta India
Answer: B. Google India Pvt. Ltd.
Explanation: The partnership aims to improve the digital promotion and global visibility of India's tourism destinations.
Q8. International Plastic Bag Free Day is observed every year on:
A. 2 July
B. 3 July
C. 5 June
D. 22 April
Answer: B. 3 July
Explanation: The day encourages people to reduce the use of single-use plastic bags and adopt environmentally friendly alternatives.
Q9. RBI's Financial Stability Report (FSR) identified which of the following as major emerging risks?
A. Inflation and unemployment only
B. Climate change only
C. Geopolitical tensions and rapid growth of Artificial Intelligence (AI)
D. Population growth and migration
Answer: C. Geopolitical tensions and rapid growth of Artificial Intelligence (AI)
Explanation: The report highlighted geopolitical fragmentation and AI-related risks as important challenges to global financial stability.
Q10. Following the Government's decision to allow 100% FDI in insurance, IRDAI approved:
A. One new insurance licence
B. Two new general insurance licences
C. Three life insurance licences
D. Four reinsurance licences
Answer: B. Two new general insurance licences
Explanation: IRDAI Chairman Ajay Seth announced the approval of two new general insurance companies.
Q11. Bank of Baroda signed a strategic partnership agreement with:
A. DBS Bank
B. HSBC
C. Mizuho Bank
D. Standard Chartered Bank
Answer: C. Mizuho Bank
Explanation: The partnership focuses on cross-border financing, structured lending, M&A financing, and investment banking.
Q12. SEBI constituted an Expert Working Group (EWG) to review regulations related to:
A. Mutual Funds
B. Debenture Trustees
C. Stock Brokers
D. Portfolio Managers
Answer: B. Debenture Trustees
Explanation: The Expert Working Group will recommend reforms to modernize the regulatory framework governing Debenture Trustees.
Q13. The theme of GST Day 2026 celebrated by CGST Delhi South Commissionerate was:
A. GST for Growth
B. One Nation, One Tax
C. सुगम कर व्यवस्था, सशक्त राष्ट्र
D. Digital Tax, Digital India
Answer: C. सुगम कर व्यवस्था, सशक्त राष्ट्र
Explanation: The theme translates to "Simple Tax System, Strong Nation."
Q14. Which company received a Certificate of Registration from IRDAI as a Standalone Health Insurance (SAHI) company?
A. Star Health Insurance
B. Prudential HCL Health Insurance Limited
C. Niva Bupa Health Insurance
D. ICICI Lombard Health Insurance
Answer: B. Prudential HCL Health Insurance Limited
Explanation: IRDAI granted the registration certificate enabling the company to operate as a Standalone Health Insurance provider.
Q15. Punjab & Sind Bank celebrated its:
A. 100th Foundation Day
B. 110th Foundation Day
C. 119th Foundation Day
D. 125th Foundation Day
Answer: C. 119th Foundation Day
Explanation: The bank marked the occasion by launching new customer-centric digital banking initiatives and unveiling its renewed Vision and Mission.
Q16. SBI Life Insurance signed an MoU with which institution to establish the Bharat AI & Cyber Innovation Hub for Insurance ?
A. IIT Delhi
B. IIT Bombay
C. IISc Bengaluru
D. IIT Madras
Answer: B. IIT Bombay
Explanation: The hub will promote research and innovation in Artificial Intelligence and cybersecurity for the insurance industry.
Q17. Who assumed charge as the Chairman and Managing Director (CMD) of Hindustan Copper Limited?
A. Anupam Misra
B. Praveen Kumar
C. Arun Kumar Shukla
D. Sanjay Kumar Singh
Answer: A. Anupam Misra
Explanation: Anupam Misra took over as CMD of Hindustan Copper Limited.
Q18. Which global shipping company announced plans to acquire a 49% stake in Adani Vizhinjam Port Pvt. Ltd. ?
A. Maersk
B. COSCO Shipping
C. Mediterranean Shipping Company (MSC) Group
D. CMA CGM
Answer: C. Mediterranean Shipping Company (MSC) Group
Explanation: MSC Group proposed acquiring a 49% stake in Adani Vizhinjam Port for USD 1.397 billion , subject to regulatory approvals.
Q19. The Competition Commission of India (CCI) approved the acquisition of seven SPVs by:
A. National Highways Authority of India
B. GMR Infrastructure
C. Anantam Highways Trust (InvIT)
D. IRB Infrastructure Developers
Answer: C. Anantam Highways Trust (InvIT)
Explanation: CCI approved the acquisition along with the issuance of InvIT units to key infrastructure investors.