02-JUNE-2026 Current Affairs
(1.) What is the revised base year for the All India Index of Industrial Production (IIP) series released by MoSPI on June 2, 2026?
(a.) 2004-05
(b.) 2011-12
(c.) 2017-18
(d.) 2022-23
(2.) Which new sector has been added as the 4th major sector in the revised IIP 2022-23 series?
(a.) Information Technology & Telecom
(b.) Water Supply, Sewerage & Waste Management
(c.) Renewable Energy Generation
(d.) Automobile Manufacturing
(3.) Which industrial classification framework has been adopted in compiling the IIP 2022-23 base year series?
(a.) NIC 2004
(b.) NIC 2008
(c.) NIC 2015
(d.) NIC 2025
(4.) Which item was explicitly added to the item basket of the revised IIP series (Base 2022-23)?
(a.) CFL Bulbs
(b.) Fluorescent Tubes
(c.) Medical Stents
(d.) Sewing Machines
(5.) Data for Rare Earth Minerals in the disaggregated Mining sector under the new IIP series is sourced from which agency?
(a.) Coal India Limited
(b.) IREL (India) Limited
(c.) NMDC Limited
(d.) GSI
(6.) Under RBI's amended conduct directions issued on June 2, 2026, what must be the default setting for obtaining customer consent on digital banking platforms?
(a.) Yes / I Agree
(b.) Pre-checked Opt-in
(c.) No / I Do Not Agree
(d.) System Automated Consent
(7.) Within how many days must a customer report a third-party fraudulent transaction to qualify for zero liability under RBI's June 2026 conduct rules?
(a.) 2 days
(b.) 5 days
(c.) 10 days
(d.) 15 days
(8.) Which autonomous research institute under DST led the 4,000-year palaeoclimate study on Majuli Island?
(a.) Wadia Institute of Himalayan Geology
(b.) Birbal Sahni Institute of Palaeosciences
(c.) Indian Institute of Geomagnetism
(d.) Aries Nainital
(9.) From which wetland on Majuli Island was the 150 cm sediment core extracted for palaeoecological study?
(a.) Deepor Beel
(b.) Sakali Wetland
(c.) Maguri Beel
(d.) Rudrasagar
(10.) Majuli Island, the world's largest inhabited river island, is situated on which major river?
(a.) Ganga
(b.) Brahmaputra
(c.) Godavari
(d.) Yamuna
(11.) What total outlay was approved by the Union Cabinet on June 2, 2026, for the Fuel Price Stabilisation Fund for Indian Airlines?
(a.) Rs 5,000 Crore
(b.) Rs 10,000 Crore
(c.) Rs 15,000 Crore
(d.) Rs 20,000 Crore
(12.) The Fuel Price Stabilisation Fund approved in June 2026 aims to cushion Indian airlines against price volatility in which fuel?
(a.) Compressed Natural Gas (CNG)
(b.) Aviation Turbine Fuel (ATF)
(c.) Liquefied Petroleum Gas (LPG)
(d.) High Speed Diesel (HSD)
(13.) Which Union Ministry organized the "India Skills Accelerator Roundtable" in New Delhi on June 2, 2026?
(a.) Ministry of Education
(b.) Ministry of Skill Development and Entrepreneurship
(c.) Ministry of Labour and Employment
(d.) Ministry of Commerce and Industry
(14.) Under the proposed draft amendments to NFSA 2013, what is the new per-person monthly foodgrain quota proposed for Antyodaya Anna Yojana (AAY) households?
(a.) 5 kg per person
(b.) 7 kg per person
(c.) 10 kg per person
(d.) 12 kg per person
(15.) What was the existing fixed foodgrain entitlement per household per month for Antyodaya Anna Yojana (AAY) families prior to the proposed June 2026 amendment?
(a.) 25 kg
(b.) 30 kg
(c.) 35 kg
(d.) 50 kg
(16.) In which year was the National Food Security Act (NFSA) enacted in India?
(a.) 2005
(b.) 2010
(c.) 2013
(d.) 2016
(17.) Which of the following items was removed from the IIP item basket in the 2022-23 base year series due to technological obsolescence?
(a.) Vaccines
(b.) CCTV Cameras
(c.) CFL Bulbs
(d.) Medical Stents
(18.) What year-on-year (YoY) growth was logged by the overall Index of Industrial Production (IIP) for April 2026 under the new 2022-23 series?
(a.) 3.2%
(b.) 4.9%
(c.) 6.2%
(d.) 7.8%
(19.) In the revised IIP 2022-23 series, how many broad use-based classification categories are maintained?
(a.) 4 categories
(b.) 6 categories
(c.) 8 categories
(d.) 10 categories
(20.) Which agency serves as the administrative oversight authority for base year revisions of the IIP in India?
(a.) NITI Aayog TAC
(b.) Technical Advisory Committee for Base Year Revision of IIP (TAC-IIP)
(c.) Monetary Policy Committee
(d.) National Statistical Commission
(21.) Birbal Sahni Institute of Palaeosciences (BSIP) is located in which Indian city?
(a.) Dehradun
(b.) Lucknow
(c.) Kolkata
(d.) New Delhi
(22.) Majuli Island is home to which major reformist cultural movement established by Srimanta Sankardeva?
(a.) Bhakti Sufi Movement
(b.) Neo-Vaishnavite Culture
(c.) Lingayat Movement
(d.) Navayana Buddhism
(23.) Which quantitative palaeoclimatic method was utilized by BSIP scientists to estimate past temperature and precipitation on Majuli Island?
(a.) Coexistence Approach
(b.) Dendrochronology Carbon Shift
(c.) Isotope Fractionation Scale
(d.) Thermal Luminescence Index
(24.) Under RBI's conduct directions, compulsory bundling of third-party products with primary banking services is:
(a.) Mandatory for all home loans
(b.) Strictly prohibited
(c.) Allowed with verbal consent
(d.) Permitted for loans above Rs 1 Crore
(25.) What is the full form of MSDE, the ministry leading the India Skills Accelerator Roundtable?
(a.) Ministry of Science, Development and Economy
(b.) Ministry of Skill Development and Entrepreneurship
(c.) Ministry of Social Development and Empowerment
(d.) Ministry of State Development and Employment
(26.) Which specific sub-sector within the disaggregated IIP Electricity category grew at 18% in April 2026?
(a.) Thermal Power
(b.) Nuclear Power
(c.) Renewable Electricity
(d.) Hydroelectric Power
(27.) What percentage share of operational cost in Indian airlines is typically constituted by Aviation Turbine Fuel (ATF)?
(a.) 10-15%
(b.) 20-25%
(c.) 40-45%
(d.) 65-70%
(28.) Under the revised IIP 2022-23 weighting structure, which sector witnessed a significant weight increase from 7.99% to 10.87%?
(a.) Manufacturing
(b.) Mining & Quarrying
(c.) Electricity & Gas Supply
(d.) Water Supply
(29.) Which department under the Ministry of Consumer Affairs handles public consultations for NFSA amendments?
(a.) Department of Agriculture
(b.) Department of Food and Public Distribution
(c.) Department of Consumer Protection
(d.) Department of Commerce