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5 March 2026 Current Affairs MCQ

MCQ 1 – Energy Conservation

Q1. The Bureau of Energy Efficiency (BEE), which recently celebrated its 25th Foundation Day, functions under which ministry?

A) Ministry of Power
B) Ministry of New and Renewable Energy
C) Ministry of Environment, Forest and Climate Change
D) Ministry of Petroleum and Natural Gas

Answer: A) Ministry of Power

Explanation:
The Bureau of Energy Efficiency (BEE) was established under the Energy Conservation Act, 2001 and works under the Ministry of Power to promote energy efficiency and conservation across sectors.


MCQ 2 – Wildlife & Eco-Tourism

Q2. The Indian Bison Fest 2026 will be organised in which wildlife sanctuary?

A) Satkosia Wildlife Sanctuary
B) Debrigarh Wildlife Sanctuary
C) Similipal Wildlife Sanctuary
D) Bhitarkanika National Park

Answer: B) Debrigarh Wildlife Sanctuary

Explanation:
The Indian Bison Fest will be held at Debrigarh Wildlife Sanctuary in Sambalpur, Odisha to promote eco-tourism and conservation of the Indian bison (gaur) .


MCQ 3 – Human–Wildlife Conflict

Q3. “Project HANUMAN,” launched to address human–wildlife conflict, is an initiative of which state?

A) Telangana
B) Karnataka
C) Andhra Pradesh
D) Odisha

Answer: C) Andhra Pradesh

Explanation:
Project HANUMAN was launched by Andhra Pradesh to mitigate rising human–wildlife conflict through monitoring, community engagement, and wildlife management strategies.


MCQ 4 – Industrial Policy

Q4. The Bharat Steel 2026 Summit, aimed at shaping the future of the steel ecosystem, will be held in:

A) Mumbai
B) New Delhi
C) Bhubaneswar
D) Hyderabad

Answer: B) New Delhi

Explanation:
The Bharat Steel 2026 Summit will bring together global stakeholders from the steel, mining, and technology sectors to discuss the future of next-generation steel production.


MCQ 5 – State Budget

Q5. The ₹2.23 lakh crore Budget for FY 2026–27 was presented by which state government?

A) Punjab
B) Haryana
C) Rajasthan
D) Uttarakhand

Answer: B) Haryana

Explanation:
The Haryana Budget 2026–27 , presented by Chief Minister Nayab Singh Saini , has a total outlay of ₹2,23,658 crore , reflecting a significant increase from the previous year.


MCQ 6 – Warehousing Infrastructure

Q6. The Central Warehousing Corporation (CWC), which recently celebrated its 70th Foundation Day, primarily functions in which sector?

A) Energy storage
B) Agricultural warehousing and logistics
C) Railway freight management
D) Digital data storage

Answer: B) Agricultural warehousing and logistics

Explanation:
CWC provides scientific storage facilities for agricultural produce and commodities , supporting food security and supply chain logistics.


MCQ 7 – Renewable Energy Cooperation

Q7. The Framework for Action between the International Solar Alliance and IIT Delhi focuses on:

A) Wind energy development
B) Solar energy research and capacity building
C) Nuclear energy innovation
D) Coal gasification technology

Answer: B) Solar energy research and capacity building

Explanation:
The collaboration aims to strengthen solar energy research, academic partnerships, and capacity building among International Solar Alliance (ISA) member countries .


MCQ 8 – Financial Stability

Q8. The Bilateral Swap Arrangement (BSA) recently amended between the RBI and the Bank of Japan is primarily intended to:

A) Promote bilateral trade in agriculture
B) Stabilize financial markets during liquidity crises
C) Finance infrastructure projects
D) Facilitate digital payment systems

Answer: B) Stabilize financial markets during liquidity crises

Explanation:
A currency swap arrangement allows central banks to exchange currencies to maintain liquidity and financial stability during market stress .


MCQ 9 – Economic Indicators

Q9. India’s Current Account Deficit (CAD) for Q3 FY2025–26 widened mainly due to:

A) Higher service exports
B) Lower capital inflows
C) Widening merchandise trade deficit
D) Increased remittance inflows

Answer: C) Widening merchandise trade deficit

Explanation:
India’s CAD rose to $13.2 billion (3% of GDP) due to a larger gap between imports and exports of goods .


MCQ 10 – Trade Facilitation

Q10. The Eligible Manufacturer Importers (EMI) Scheme introduced by CBIC is intended to:

A) Promote exports of manufactured goods
B) Simplify import procedures for manufacturers
C) Provide tax exemptions on exports
D) Regulate foreign investment in manufacturing

Answer: B) Simplify import procedures for manufacturers

Explanation:
The EMI scheme aims to streamline import processes and support domestic manufacturing under the Union Budget 2026–27 reforms .


MCQ 11 – Strategic Geography

Q11. The Strait of Hormuz, recently highlighted due to geopolitical tensions, connects which two water bodies?

A) Arabian Sea and Red Sea
B) Persian Gulf and Gulf of Oman
C) Mediterranean Sea and Black Sea
D) Arabian Sea and Bay of Bengal

Answer: B) Persian Gulf and Gulf of Oman

Explanation:
The Strait of Hormuz is a key global oil transit route linking the Persian Gulf to the Gulf of Oman , through which about 20% of global oil trade passes .


MCQ 12 – Defence Administration

Q12. B. P. Singh, recently in news, assumed charge as:

Month: 

Category: