Daily Current Affairs Quiz 2 & 3 August 2026: 15 Important GK MCQs for UPSC, SSC, Banking & Railways Exams

Question 1

The Union Cabinet approved the expanded Khelo India Scheme and enhanced support to National Sports Federations for 2026-27 to 2030-31 with what combined outlay?

Accepted Answer

Rs 36,441 crore - The expanded Khelo India Scheme and enhanced Assistance to National Sports Federations were approved with a combined outlay of Rs 36,441 crore for FY 2026-27 to FY 2030-31 . &bull; Objective &rarr; create an integrated national sports-development ecosystem &bull; New institutions &rarr; Khelo India Feeder Schools and Khelo India Utkrishta Vidyalayas &bull; New athlete pathway &rarr; Emerging Khelo India Athletes category Static GK link: The Khelo India programme is administered by the Ministry of Youth Affairs and Sports . It supports talent identification, coaching, sports infrastructure and competitive exposure. The Sports Authority of India , established in 1984 , is a key national institution for sports training and development.

Question 2

Under the expanded Khelo India framework, which proposed institution is specifically intended to support early identification of sporting talent?

Accepted Answer

Khelo India Feeder Schools - Khelo India Feeder Schools are intended to support the early identification of sporting talent under the expanded national sports framework. &bull; Feeder Schools &rarr; identify promising children at an early stage &bull; Khelo India Utkrishta Vidyalayas &rarr; combine formal education with structured sports training &bull; Emerging Khelo India Athletes &rarr; widen the athlete-development pipeline Static GK link: The Khelo India Youth Games provide a national competitive platform for young athletes. The programme links schools, academies, training centres and sports institutions, reflecting the broader objective of developing talent from the grassroots to elite competition.

Question 3

Assam opened the online self-enumeration window for Phase I of Census 2027 during which period?

Accepted Answer

2 August to 16 August 2026 - Assam opened a 15-day self-enumeration window from 2 August to 16 August 2026 for Phase I of Census 2027 . &bull; Phase covered &rarr; Houselisting and Housing Census &bull; Portal &rarr; se.census.gov.in &bull; Process &rarr; households submit information online and receive a unique Self-Enumeration ID &bull; Follow-up &rarr; field enumerators verify the ID during physical operations Static GK link: The Census in India is conducted by the Office of the Registrar General and Census Commissioner under the Ministry of Home Affairs . Population census is a Union subject under Entry 69 of the Union List.

Question 4

India-China border trade resumed after nearly six years through Shipki La Pass, located in which district of Himachal Pradesh?

Accepted Answer

Kinnaur - Shipki La Pass is located in Kinnaur district of Himachal Pradesh. India-China border trade resumed through this traditional route after a gap of nearly six years . &bull; Countries connected &rarr; India and China &bull; Local significance &rarr; commerce and livelihood support for border communities &bull; Infrastructure &rarr; a Trade Facilitation Centre has been established Static GK link: Shipki La is a high-altitude Himalayan pass near the India-Tibet border. The Sutlej River enters India from Tibet near this sector before flowing through Himachal Pradesh and Punjab. Kinnaur is also known for horticulture and trans-Himalayan cultural links.

Question 5

Which country is chairing BRICS in 2026 and began ministerial meetings ahead of the grouping's Leaders' Summit?

Accepted Answer

India - India holds the BRICS Presidency 2026 and began ministerial meetings ahead of the Leaders' Summit. &bull; Discussion areas &rarr; trade, finance, health, technology, innovation and sustainable development &bull; Policy emphasis &rarr; stronger coordination among Global South countries &bull; Purpose &rarr; shape the agenda and outcomes of the BRICS Leaders' Summit Static GK link: BRICS originally brought together Brazil, Russia, India, China and South Africa . The acronym BRIC was coined before South Africa joined the grouping. The New Development Bank , created by BRICS members, is headquartered in Shanghai and finances infrastructure and sustainable-development projects.

Question 6

The government reported that more than how many first-time employees entered the formal workforce under the Pradhan Mantri Viksit Bharat Rozgar Yojana?

Accepted Answer

72 lakh - More than 72 lakh first-time employees entered the formal workforce under the Pradhan Mantri Viksit Bharat Rozgar Yojana . &bull; Primary focus &rarr; first-time formal-sector employment &bull; Employer-side objective &rarr; encourage creation of organised jobs &bull; Worker benefit &rarr; employment registration linked with social-security coverage &bull; Wider goal &rarr; employment generation, inclusion and economic growth Static GK link: Formal-sector workers are commonly linked with institutions such as the Employees' Provident Fund Organisation and the Employees' State Insurance Corporation . EPFO functions under the Ministry of Labour and Employment and administers retirement-linked social-security schemes.

Question 7

The Ancient Buddhist Site of Sarnath was inscribed on the UNESCO World Heritage List at which session of the World Heritage Committee?

Accepted Answer

48th session - The Ancient Buddhist Site of Sarnath was inscribed at the 48th Session of the UNESCO World Heritage Committee in Busan, South Korea. &bull; Session dates &rarr; 19-29 July 2026 &bull; New inscriptions &rarr; 25 : 19 cultural, five natural and one mixed &bull; Updated list &rarr; 1,273 sites across 173 countries &bull; Milestone &rarr; three countries received their first World Heritage inscriptions Static GK link: Sarnath, near Varanasi in Uttar Pradesh, is associated with the Buddha's first sermon after enlightenment. UNESCO was founded in 1945 and is headquartered in Paris.

Question 8

The Maldives' Favara Instant Payment System was integrated with which Indian platform to enable real-time cross-border transfers?

Accepted Answer

Unified Payments Interface - The Maldives' Favara Instant Payment System was integrated with India's Unified Payments Interface to enable real-time cross-border transfers. &bull; Maldives regulator &rarr; Maldives Monetary Authority &bull; Indian partners &rarr; RBI and NPCI International Payments Limited &bull; Settlement flow &rarr; transfers initiated in Maldivian Rufiyaa and credited in Indian Rupees &bull; Initial banks &rarr; Bank of Maldives and Maldives Islamic Bank &bull; Future phase &rarr; QR-based merchant payments Static GK link: UPI is operated by the National Payments Corporation of India . It enables instant bank-to-bank transfers using virtual payment addresses, mobile numbers and QR codes.

Question 9

How many members constitute the Reserve Bank of India's Monetary Policy Committee?

Accepted Answer

Six - The Monetary Policy Committee has six members and is chaired by the RBI Governor. Its three-day meeting began on 3 August 2026 . &bull; Main policy rate reviewed &rarr; repo rate &bull; Key considerations &rarr; inflation, growth, liquidity, crude-oil prices and global conditions &bull; Market impact &rarr; policy decisions influence borrowing costs and lending rates Static GK link: The MPC has three RBI representatives and three members appointed by the Union Government. It was given statutory status through amendments to the Reserve Bank of India Act, 1934 . The RBI was established on 1 April 1935 .

Question 10

Which public-sector insurer issued the first sovereign-backed Protection and Indemnity policy under the Bharat Maritime Insurance Pool?

Accepted Answer

New India Assurance Company Limited - New India Assurance Company Limited issued the first sovereign-backed Protection and Indemnity policy under the Bharat Maritime Insurance Pool . &bull; Coverage limit &rarr; up to USD 1.5 billion &bull; First recipient &rarr; Shipping Corporation of India Limited &bull; Pool operational from &rarr; 12 May 2026 &bull; Sovereign guarantee &rarr; Rs 12,980 crore &bull; Liabilities covered &rarr; crew, cargo, pollution and wreck removal Static GK link: Protection and Indemnity insurance covers third-party maritime liabilities that are generally outside ordinary hull and machinery insurance. The Department of Financial Services functions under the Ministry of Finance .

Question 11

What is the approved outlay of the Samudra Manthan-National Offshore Exploration Scheme?

Accepted Answer

Rs 84,084 crore - The Samudra Manthan-National Offshore Exploration Scheme was approved with an outlay of Rs 84,084 crore . &bull; Implementation &rarr; up to FY 2030-31 &bull; Administrative ministry &rarr; Ministry of Petroleum and Natural Gas &bull; Funding pattern &rarr; 100% Union Government &bull; Production target &rarr; increase annual domestic output from about 62 MMTOE to 80 MMTOE &bull; Resource-base target &rarr; 1,600 MMTOE to 2,200 MMTOE Static GK link: MMTOE means million metric tonnes of oil equivalent , a common unit for comparing energy produced from different fuels. Offshore exploration covers hydrocarbon resources beneath the seabed.

Question 12

The Pradhan Mantri Surya Sarovar Yojana targets the development of how much floating solar power capacity?

Accepted Answer

5,000 MW - The Pradhan Mantri Surya Sarovar Yojana targets 5,000 MW of floating solar photovoltaic capacity. &bull; Approved outlay &rarr; Rs 5,070 crore &bull; Storage requirement &rarr; at least two hours, totalling 10,000 MWh &bull; Sanction period &rarr; FY 2026-27 to FY 2030-31 &bull; Central assistance &rarr; Rs 1 crore per MW after commissioning &bull; Estimated national potential &rarr; 102.18 GWp Static GK link: Floating solar projects place photovoltaic panels on reservoirs or other water bodies. They can reduce land requirements and may limit evaporation while using existing power-transmission infrastructure near dams.

Question 13

For what period did the Cabinet approve the latest five-year continuation of PM-KISAN?

Accepted Answer

2026-27 to 2030-31 - The Cabinet approved continuation of Pradhan Mantri Kisan Samman Nidhi for FY 2026-27 to FY 2030-31 . &bull; Approved outlay &rarr; Rs 3,15,614 crore &bull; Annual support &rarr; Rs 6,000 &bull; Payment pattern &rarr; three DBT instalments of Rs 2,000 each &bull; Launch &rarr; February 2019 &bull; Transfers reported &rarr; more than Rs 4.47 lakh crore through 23 instalments Static GK link: PM-KISAN is a Central Sector Scheme , meaning its expenditure is borne by the Union Government. Direct Benefit Transfer credits assistance directly into eligible beneficiaries' bank accounts.

Question 14

Under the Ministry of AYUSH-IndiaAI partnership, which platform will host datasets, metadata, models, toolkits and use cases for AI research?

Accepted Answer

AIKosh - AIKosh will support the sharing of anonymised datasets, metadata, models, toolkits and use cases under the Ministry of AYUSH-IndiaAI partnership. &bull; Initial MoU tenure &rarr; two years &bull; Computing support &rarr; IndiaAI Compute ecosystem &bull; Users &rarr; researchers, startups and academic institutions &bull; Objective &rarr; scalable AI applications in traditional medicine and healthcare Static GK link: IndiaAI functions under the Ministry of Electronics and Information Technology . The IndiaAI Mission was approved in 2024 with an outlay of Rs 10,371.92 crore . AYUSH represents Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy.

Question 15

Who became the first woman to head the Geological Survey of India after assuming charge as its 54th Director General?

Accepted Answer

Varsha Ashok Aglawe - Varsha Ashok Aglawe assumed charge as the 54th Director General of the Geological Survey of India on 31 July 2026 , becoming the first woman to lead the organisation . &bull; Predecessor &rarr; Asit Saha &bull; Joined GSI &rarr; 1992 &bull; Expertise &rarr; palaeontology and palynology &bull; Priority areas &rarr; critical minerals, offshore exploration and mineral security Static GK link: The Geological Survey of India functions under the Ministry of Mines . It was established in 1851 and carries out geological mapping, mineral-resource assessment and geoscientific investigations across India.

Daily Current Affairs Quiz 2 & 3 August 2026: 15 Important GK MCQs for UPSC, SSC, Banking & Railways Exams

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