Daily Current Affairs Quiz 23 September 2026: 15 Important GK MCQs for UPSC, SSC, Banking & Railways Exams

Question 1

What are the major ten-year targets announced for the Modified UDAN Scheme in September 2026?

Accepted Answer

120 new destinations and 4 crore additional passengers - The Modified UDAN Scheme targets 120 new destinations and 4 crore additional passengers over a period of ten years . The plan also proposes development of 100 airports and 200 modern helipads , with a reported outlay of Rs 28,840 crore . Static GK link: UDAN is the Regional Connectivity Scheme of the Ministry of Civil Aviation . It was launched in October 2016 to improve air connectivity to unserved and underserved regions and make air travel more affordable. The first UDAN flight operated in April 2017 between Shimla and Delhi.

Question 2

In the Regional Connectivity Scheme, what does the acronym UDAN stand for?

Accepted Answer

Ude Desh ka Aam Nagrik - UDAN stands for Ude Desh ka Aam Nagrik . The scheme is designed to expand regional air connectivity and make flying accessible to people in smaller and underserved locations. Its next phase featured agreements with 21 States and Union Territories in September 2026. Static GK link: RCS-UDAN was launched by the Ministry of Civil Aviation on 21 October 2016 as a key component of the National Civil Aviation Policy 2016. Airlines receive support such as Viability Gap Funding on eligible routes, while governments and airport operators provide concessions to encourage operations from unserved and underserved airports.

Question 3

Which combination correctly reflects the reported outcomes of SEMICON India 2026?

Accepted Answer

56 MoUs, announcements and initiatives and about Rs 1 lakh crore commitments - SEMICON India 2026 , the fifth edition of the semiconductor and electronics convention, was held in New Delhi . It recorded 56 MoUs, announcements and strategic initiatives , while investment commitments of around Rs 1 lakh crore were reported under Semicon 2.0. Static GK link: The India Semiconductor Mission serves as the nodal agency for implementing semiconductor and display schemes. It operates under the broader electronics ecosystem of the Ministry of Electronics and Information Technology . Semiconductor policy support covers areas such as fabrication facilities, compound semiconductors, packaging, display manufacturing and chip design.

Question 4

India Semiconductor Mission, which supports the country's semiconductor ecosystem, functions as an independent business division under which organisation?

Accepted Answer

Digital India Corporation - The India Semiconductor Mission was established as an Independent Business Division under the Digital India Corporation . It acts as the nodal agency for efficient implementation of semiconductor and display manufacturing schemes and supports India's aim of becoming a global hub for electronics manufacturing and design. Static GK link: ISM was established on 22 December 2021 under the administrative ecosystem of the Ministry of Electronics and Information Technology . Its mandate covers semiconductor fabs, display fabs, compound semiconductors, silicon photonics, sensors and packaging technologies such as ATMP and OSAT . The mission is a central pillar of India's semiconductor manufacturing strategy.

Question 5

Which set of figures correctly describes the National Formulary of India 2026?

Accepted Answer

653 drugs, 34 chapters and 20 appendices - The National Formulary of India 2026 is the seventh edition of the medicine guidance document associated with the Indian Pharmacopoeia Commission. It contains 653 drugs , 34 chapters and 20 appendices and is intended to promote rational and evidence-based use of medicines. Static GK link: The Indian Pharmacopoeia Commission is responsible for regular revision and publication of the Indian Pharmacopoeia and the National Formulary of India. It also provides reference substances and pharmacopoeial training. The Commission became fully operational as an autonomous body from 1 January 2009 .

Question 6

The Indian Pharmacopoeia Commission functions under the administrative control of which Union ministry?

Accepted Answer

Ministry of Health and Family Welfare - The Indian Pharmacopoeia Commission functions under the administrative control of the Ministry of Health and Family Welfare . It is the national institution responsible for pharmacopoeial standards and for publications including the Indian Pharmacopoeia and the National Formulary of India. Static GK link: IPC became fully operational as an autonomous body on 1 January 2009 . The Indian Pharmacopoeia is the official book of drug standards relating to identity, purity and strength under the framework of the Drugs and Cosmetics Act, 1940. The Commission also supplies IP Reference Substances and supports medicine-quality standards and stakeholder training.

Question 7

From which date are RBI's revised minimum capital requirements for market risk scheduled to take effect?

Accepted Answer

1 April 2027 - The Reserve Bank of India 's revised minimum capital requirements for market risk are scheduled to come into effect on 1 April 2027 . The directions form part of the regulatory framework governing capital that commercial banks must maintain against market-risk exposures. Static GK link: The revised framework is connected with Basel III , the international package of banking-regulation reforms developed after the global financial crisis. Basel III strengthens capital, liquidity and risk-management standards for banks. In India, the RBI is the principal banking regulator and implements Basel standards through domestic prudential directions suited to the Indian banking system.

Question 8

Basel III, which underpins modern bank capital and risk standards, was developed by which international body?

Accepted Answer

Basel Committee on Banking Supervision - Basel III was developed by the Basel Committee on Banking Supervision , the primary global standard setter for prudential regulation of banks. The framework was formulated in response to weaknesses exposed by the 2007-09 global financial crisis and strengthens bank capital, liquidity, leverage and risk-management requirements. Static GK link: The Basel Committee is hosted by the Bank for International Settlements in Basel, Switzerland. Basel standards are internationally agreed minimum standards rather than a single worldwide banking law; national regulators implement them through their own legal and supervisory frameworks. The Basel Framework also contains standards relating to credit, operational and market risk.

Question 9

Which statement correctly describes Exercise Nomadic Elephant 2026?

Accepted Answer

The 18th India-Mongolia exercise held at Pithoragarh - Exercise Nomadic Elephant 2026 is the 18th edition of the bilateral military exercise between India and Mongolia . It began at Pithoragarh, Uttarakhand , on 21 September 2026 , with 45 personnel from each country participating. Static GK link: Nomadic Elephant is an important India-Mongolia defence cooperation exercise that focuses on interoperability and joint military training. Mongolia is a landlocked country in East and Central Asia situated between Russia and China . Its capital and largest city is Ulaanbaatar, which is the country's principal political and economic centre.

Question 10

Ulaanbaatar, frequently linked with India-Mongolia bilateral relations, is the capital of which country?

Accepted Answer

Mongolia - Ulaanbaatar is the capital of Mongolia . The country featured in current affairs through Exercise Nomadic Elephant 2026 , the 18th edition of the India-Mongolia joint military exercise held at Pithoragarh in Uttarakhand. Static GK link: Mongolia is a landlocked country bordered by Russia to the north and China to the south. Ulaanbaatar is its largest city and serves as the main centre of government, commerce and culture. India and Mongolia maintain diplomatic, cultural and defence ties, and joint military exercises such as Nomadic Elephant form one component of their bilateral security cooperation.

Question 11

Exercise Veer Guardian 2026 was conducted between the air forces of India and which country?

Accepted Answer

Japan - Exercise Veer Guardian 2026 was a bilateral air exercise between the Indian Air Force and the Japan Air Self-Defense Force . The exercise concluded at Air Force Station Jodhpur on 22 September 2026 after 14 days of training. Static GK link: Bilateral air exercises are used to improve interoperability, mission planning, tactical coordination and professional exchanges between participating air forces. The Indian Air Force was officially established on 8 October 1932 . Its headquarters is in New Delhi, and Air Force Day is observed annually on 8 October.

Question 12

What was the reported value and year-on-year growth of India's software services exports in 2025-26?

Accepted Answer

USD 221.4 billion and 8.2% - India's software services exports increased by 8.2% year-on-year to USD 221.4 billion in 2025-26 . The United States remained the largest destination, accounting for 54.1% of the total reported exports. Static GK link: The Reserve Bank of India conducts an annual Survey on Computer Software and Information Technology Enabled Services Exports. The survey covers computer services, IT-enabled services and BPO exports and is also used in compilation of India's external-sector statistics. Country of destination, activity type and mode of supply are among the dimensions captured in the survey framework.

Question 13

Which institution conducts India's annual Survey on Computer Software and Information Technology Enabled Services Exports?

Accepted Answer

Reserve Bank of India - The Reserve Bank of India conducts the annual Survey on Computer Software and Information Technology Enabled Services Exports. The survey gathers information from software and ITES/BPO exporting entities and supports compilation of external-sector statistics. The 2025-26 current-affairs update reported software services exports of USD 221.4 billion . Static GK link: The RBI commenced operations on 1 April 1935 under the Reserve Bank of India Act, 1934. Its Central Office was originally in Kolkata and was permanently moved to Mumbai in 1937 . The RBI was nationalised in 1949 and functions as India's central bank.

Question 14

What was the theme of World Rhino Day 2026?

Accepted Answer

Keep the Five Alive - World Rhino Day is observed on 22 September . The theme reported for 2026 was Keep the Five Alive , drawing attention to conservation of the world's five surviving rhinoceros species . Static GK link: The five living rhino species are the black rhino , white rhino , greater one-horned rhino , Javan rhino and Sumatran rhino . Rhino conservation focuses on habitat protection, anti-poaching measures and suppression of illegal wildlife trade. The greater one-horned rhinoceros is strongly associated with protected areas in India and Nepal.

Question 15

How are the world's five surviving rhinoceros species distributed between Africa and Asia?

Accepted Answer

Two in Africa and three in Asia - Of the world's five surviving rhinoceros species , two are found naturally in Africa and three in Asia. The African species are the black rhino and white rhino , while the Asian species are the greater one-horned , Javan and Sumatran rhinos . Static GK link: The greater one-horned rhinoceros is also commonly called the Indian rhino. The Javan and Sumatran rhinos have highly restricted populations, while black, Javan and Sumatran rhinos are classified as critically endangered. World Rhino Day on 22 September promotes awareness of conservation challenges affecting all five species.

Daily Current Affairs Quiz 23 September 2026: 15 Important GK MCQs for UPSC, SSC, Banking & Railways Exams

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Daily Current Affairs Quiz 23 September 2026: 15 Important GK MCQs for UPSC, SSC, Banking & Railways Exams

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