02-APRIL-2026 Current Affairs
(1.) The Ministry of Ports, Shipping and Waterways signed a Plan of Implementation with KOICA on April 2, 2026, for skill development in which sector?
(a.) Civil Aviation
(b.) Shipbuilding and Marine Sector
(c.) Railway Infrastructure
(d.) Renewable Energy
(2.) The shipbuilding skill development partnership between MoPSW and KOICA is aligned with which long-term national framework?
(a.) Maritime Amrit Kaal Vision 2047
(b.) Sagarmala 2030
(c.) Vision India 2050
(d.) Blue Economy Strategy 2025
(3.) What does KOICA stand for in the context of international cooperation with India?
(a.) Korea International Cooperation Agency
(b.) Korean Overseas Investment and Commerce Alliance
(c.) Korea Industrial Cooperation and Automation
(d.) Kyoto Organization for International Commerce
(4.) Which major bill was passed by both houses of Parliament on April 2, 2026, to decriminalise minor offences and improve Ease of Doing Business?
(a.) Jan Vishwas (Amendment of Provisions) Bill, 2026
(b.) Compounding of Offences Act, 2026
(c.) Ease of Business Reform Bill, 2026
(d.) Regulatory Compliance Reduction Bill, 2026
(5.) The Jan Vishwas (Amendment of Provisions) Bill, 2026 amends provisions across how many Central Acts?
(a.) 50 Central Acts
(b.) 65 Central Acts
(c.) 79 Central Acts
(d.) 100 Central Acts
(6.) How many total provisions were decriminalised under the Jan Vishwas (Amendment of Provisions) Bill, 2026?
(a.) 500 provisions
(b.) 612 provisions
(c.) 717 provisions
(d.) 850 provisions
(7.) Who headed the Select Committee of the Lok Sabha that reviewed the Jan Vishwas legislation?
(a.) Shri Tejasvi Surya
(b.) Shri Bhartruhari Mahtab
(c.) Shri Adhir Ranjan Chowdhury
(d.) Shri N.K. Singh
(8.) Which Indian naval ship set sail from Mumbai on April 2, 2026, as Indian Ocean Ship (IOS) SAGAR?
(a.) INS Vikramaditya
(b.) INS Sunayna
(c.) INS Khetlat
(d.) INS Shivalik
(9.) The IOS SAGAR mission features naval personnel from India and how many Friendly Foreign Countries (FFCs)?
(a.) 10 FFCs
(b.) 12 FFCs
(c.) 16 FFCs
(d.) 20 FFCs
(10.) The IOS SAGAR deployment is a practical expression of which overarching Indian maritime vision?
(a.) MAHASAGAR Vision
(b.) SAGAR-MALA Initiative
(c.) Indo-Pacific Oceans Initiative
(d.) Project Mausam
(11.) Who flagged off the IOS SAGAR mission from Mumbai on April 2, 2026?
(a.) Prime Minister Narendra Modi
(b.) Raksha Rajya Mantri Shri Sanjay Seth
(c.) Defence Minister Rajnath Singh
(d.) Chief of Defence Staff
(12.) The Reserve Bank of India introduced the Benchmark Issuance Strategy (BIS) for market borrowings on a pilot basis for how many states?
(a.) 5 States
(b.) 7 States
(c.) 9 States
(d.) 12 States
(13.) What is the primary objective of the Reserve Bank of India introducing the Benchmark Issuance Strategy (BIS) for states?
(a.) To increase cash reserve ratios
(b.) To enhance transparency and secondary market liquidity of State Government Securities
(c.) To penalize states with high fiscal deficits
(d.) To replace treasury bills completely
(14.) What was the expected quantum of total market borrowings by State Governments/UTs for the quarter April–June 2026 under the RBI framework?
(a.) ₹1,50,000 crore
(b.) ₹2,10,000 crore
(c.) ₹2,54,509 crore
(d.) ₹3,00,000 crore
(15.) Which regulatory body implemented the direct credit of securities to investor demat accounts without requiring a Letter of Confirmation effective April 2, 2026?
(a.) Reserve Bank of India
(b.) Securities and Exchange Board of India
(c.) Insurance Regulatory and Development Authority
(d.) Pension Fund Regulatory and Development Authority
(16.) What document requirement was eliminated by SEBI to accelerate investor servicing and processing turnaround time in demat accounts?
(a.) PAN Card Verification
(b.) Letter of Confirmation
(c.) Notarized Affidavit
(d.) Physical Share Certificate Submission
(17.) INS Sunayna, which embarked on the IOS SAGAR mission, belongs to which class of naval vessels?
(a.) Destroyer
(b.) Aircraft Carrier
(c.) Offshore Patrol Vessel
(d.) Frigate
(18.) Which of the following states is included in the 9-state pilot for the RBI Benchmark Issuance Strategy?
(a.) Goa
(b.) Punjab
(c.) Maharashtra
(d.) Haryana
(19.) How many central ministries administer the 79 Central Acts amended under the Jan Vishwas Bill, 2026?
(a.) 15 Ministries
(b.) 20 Ministries
(c.) 23 Ministries
(d.) 30 Ministries
(20.) Who is the current Chief of the Naval Staff of India as of April 2026?
(a.) Admiral R. Hari Kumar
(b.) Admiral Dinesh K Tripathi
(c.) Admiral Sunil Lanba
(d.) Admiral Karambir Singh
(21.) What is the full form of KOICA, the partner agency for India’s shipbuilding skill development initiative?
(a.) Korea International Cooperation Agency
(b.) Korean Organization for Industrial Capacity Advancement
(c.) Kyoto Institute of Cooperative Alliances
(d.) Korea Investment and Overseas Commerce Authority
(22.) The Sea Phase of the IOS SAGAR deployment aboard INS Sunayna spans from April 2 to which date in 2026?
(a.) 30 April 2026
(b.) 15 May 2026
(c.) 20 May 2026
(d.) 31 May 2026
(23.) Under the RBI BIS pilot framework, state borrowings are grouped into specific what?
(a.) Tenor buckets
(b.) Interest rate caps
(c.) Foreign currency bonds
(d.) Mandatory escrow accounts
(24.) Which ministry is responsible for the administrative policy governing Special Economic Zones and general trade facilitation frameworks like Jan Vishwas?
(a.) Ministry of Commerce and Industry
(b.) Ministry of Finance
(c.) Ministry of Corporate Affairs
(d.) Ministry of Law and Justice
(25.) What does MAHASAGAR stand for in India’s maritime strategic vocabulary?
(a.) Maritime Advancement for Harbor and Strategic Growth of Asian Regions
(b.) Mutual and Holistic Advancement for Security and Growth Across Regions
(c.) Marine Alliance for Humanitarian Aid and Security Actions in Greater Asian Regions
(d.) Maritime Arm for Harmonised Security and Growth Across Realms
(26.) The Select Committee report on the Jan Vishwas Bill was submitted to Parliament in which month prior to its April 2026 passage?
(a.) January 2026
(b.) February 2026
(c.) March 2026
(d.) April 2026
(27.) What primary financial market instrument is issued by states to finance their fiscal deficits through the RBI calendar framework?
(a.) Treasury Bills
(b.) State Government Securities (SGS)
(c.) Municipal Bonds
(d.) Commercial Papers
(28.) Which port city served as the departure point for the INS Sunayna IOS SAGAR mission?
(a.) Kochi
(b.) Visakhapatnam
(c.) Mumbai
(d.) Chennai
(29.) What is the primary target of SEBI’s direct demat credit framework implemented in April 2026?
(a.) To increase transaction fees
(b.) To reduce turnaround time and simplify investor servicing
(c.) To eliminate electronic trading entirely
(d.) To mandate physical registry storage
(30.) How many total provisions across central acts were rationalised under the Jan Vishwas Bill passed on April 2, 2026?
(a.) More than 500 offences
(b.) More than 800 offences
(c.) More than 1,000 offences
(d.) More than 1,500 offences