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January 1 - 2, 2026 Current Affairs MCQ

📝 Explanation:
The REPM scheme focuses on critical minerals , especially rare earths, vital for EVs, wind turbines, and advanced technologies.


Q8. China recently set a world record by accelerating a superconducting maglev train to:

A. 500 km/h in 3 seconds
B. 600 km/h in 5 seconds
C. 700 km/h in 2 seconds
D. 800 km/h in 4 seconds

Answer: C

📝 Explanation:
China achieved a record acceleration of 700 km/h in just 2 seconds , the fastest maglev acceleration ever recorded.


Q9. Ayushman Bharat – PMJAY primarily aims to provide:

A. Pension coverage
B. Employment guarantee
C. Health insurance coverage
D. Nutritional support

Answer: C

📝 Explanation:
PMJAY provides health insurance coverage to vulnerable families and expanded significantly in 2025 , alongside digital healthcare growth.


Q10. The Indian Air Force signed an MoU with which institution to develop an indigenous digital communication system for airborne platforms?

A. IIT Bombay
B. IIT Kanpur
C. IIT Madras
D. IISc Bengaluru

Answer: C

📝 Explanation:
The IAF partnered with IIT Madras to develop indigenous digital communication systems for airborne defence platforms.


Q11. Who flagged off the indigenous Dhruv-NG helicopter at HAL, Bengaluru?

A. Prime Minister Narendra Modi
B. Defence Minister Rajnath Singh
C. Civil Aviation Minister Ram Mohan Naidu
D. Air Chief Marshal V.R. Chaudhari

Answer: C

📝 Explanation:
Civil Aviation Minister Ram Mohan Naidu flagged off the Dhruv-NG helicopter at HAL, Bengaluru .


Q12. BRISKPE received RBI authorisation to operate as which type of payment entity?

A. Payment Bank
B. Payment Aggregator–Domestic
C. Payment Aggregator–Cross Border
D. Bharat BillPay Unit

Answer: C

📝 Explanation:
BRISKPE , a Prosus-backed fintech, received final RBI approval as a Payment Aggregator–Cross Border (PA-CB) .


Q13. ‘GAJ’, launched by IDFC First Bank, is best described as:

A. A prepaid forex card
B. A co-branded credit card
C. An invitation-only premium metal credit card
D. A virtual debit card

Answer: C

📝 Explanation:
GAJ is an invitation-only premium metal credit card targeted at High Net Worth Individuals (HNIs) .


Q14. FITT, associated with the IGNITE programme, is linked to which institution?

A. IIT Bombay

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