Daily Current Affairs MCQ Quiz (22 & 23 February 2026) for Government Exams

Question 1

India became the 12th member of which US-led coalition in Feb 2026?

Accepted Answer

Pax Silica - India joined Pax Silica, a US-led coalition focused on semiconductors and AI supply chains. Remember: Silica → Silicon → Semiconductors.

Question 2

Pax Silica was launched on which date?

Accepted Answer

12 Dec 2025 - Pax Silica was launched on 12 December 2025 in Washington DC. Chronology is important for UPSC Prelims.

Question 3

The Export Promotion Mission (EPM) is under which ministry?

Accepted Answer

Ministry of Commerce & Industry - EPM is launched by Ministry of Commerce & Industry (MoC&I;). Trade/export → Commerce Ministry.

Question 4

Which of the following is part of “Niryat Protsahan”?

Accepted Answer

CAE - CAE (Credit Assistance for E-Commerce Exporters) falls under Niryat Protsahan pillar.

Question 5

TRACE stands for?

Accepted Answer

Trade Regulations, Accreditation & Compliance Enablement - TRACE = Trade Regulations, Accreditation & Compliance Enablement. Acronym-based questions are common in Banking exams.

Question 6

The Bonded Labour System (Abolition) Act came into force in?

Accepted Answer

1976 - The Act came into force on 9 Feb 1976. Golden Jubilee celebrated in 2026.

Question 7

The Bonded Labour Act was passed during whose tenure?

Accepted Answer

Indira Gandhi - It was enacted in 1976 during PM Indira Gandhi’s tenure.

Question 8

MIGA is an arm of which institution?

Accepted Answer

World Bank Group - MIGA (Multilateral Investment Guarantee Agency) is part of World Bank Group.

Question 9

MIGA issued a guarantee of approximately how much to refinance SBI solar program?

Accepted Answer

USD 197.67 million - The guarantee amount was USD 197.67 million. Remember: ~200 million approx.

Question 10

ICICI PF NPS Swasthya Equity Plus is related to?

Accepted Answer

Health + Pension - It blends retirement savings and healthcare benefits under NPS.

Question 11

Under Swasthya Scheme, maximum withdrawal allowed for medical expenses is?

Accepted Answer

25% - Subscribers can withdraw up to 25% of their own contributions.

Question 12

UPI One World Wallet is extended for whom?

Accepted Answer

Foreign delegates in India - NPCI extended UPI One World for foreign delegates at AI Summit 2026.

Question 13

The Strela-10 system is best described as?

Accepted Answer

Very Short Range Air Defence System - Strela-10 is VSHORADS (Very Short Range Air Defence System).

Question 14

Strela-10 engagement range is approximately?

Accepted Answer

6–10 km - Range mentioned in article: 6–10 km.

Question 15

Base year of India’s Merchandise Trade Indices revised to?

Accepted Answer

2022-23 - Revised from 2012-13 to 2022-23.

Daily Current Affairs MCQ Quiz (22 & 23 February 2026) for Government Exams

Daily Current Affairs 28 October 2026: Important GK Updates for UPSC, SSC, Banking & Railways Exams

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