24-MAY-2026 Current Affairs
(1.) What surplus transfer amount was approved by the Reserve Bank of India to the Government of India for FY26?
(a.) ₹1,50,420 crore
(b.) ₹2,10,350 crore
(c.) ₹2,86,588.46 crore
(d.) ₹3,45,100 crore
(2.) Which organization selected 10 institutions under its Convergence Research Centres of Excellence (CoE) programme in May 2026?
(a.) Anusandhan National Research Foundation (ANRF)
(b.) Council of Scientific and Industrial Research
(c.) Indian Council of Medical Research
(d.) University Grants Commission
(3.) Which international financial body published the 13th edition of the "State and Trends of Carbon Pricing 2026" report?
(a.) International Monetary Fund
(b.) World Bank Group
(c.) Asian Development Bank
(d.) New Development Bank
(4.) What is the name of the all-women Mount Everest mountaineering expedition undertaken by the Border Security Force (BSF)?
(a.) Mission Vande Mataram
(b.) Mission Himveer
(c.) Operation Shikhar
(d.) Mission Shaurya
(5.) Which industry association launched 'Bharat Digital Samvad', a national forum on digital sovereignty and Data Swaraj?
(a.) Bharath Digital Infrastructure Association (BDIA)
(b.) National Association of Software and Service Companies
(c.) Internet and Mobile Association of India
(d.) Broadcasters Digital Council of India
(6.) According to the World Bank Carbon Pricing Report 2026, what was the approximate average global carbon price per $tCO_2e$?
(a.) USD 10
(b.) USD 21
(c.) USD 35
(d.) USD 50
(7.) Which Central Armed Police Force completed its first-ever all-women international mountaineering expedition to Mount Everest via Nepal?
(a.) Indo-Tibetan Border Police (ITBP)
(b.) Central Reserve Police Force
(c.) Border Security Force
(d.) Sashastra Seema Bal
(8.) What core principle is emphasized by 'Bharat Digital Samvad' regarding India's digital growth up to 2030?
(a.) 'Data Swaraj' (Digital Sovereignty and control over data governance)
(b.) Total privatization of telecom spectrum assets
(c.) Abolition of all domestic data localization rules
(d.) Mandatory migration of cloud servers overseas
(9.) Which specific carbon market mechanism launched by India led to its recognition in the World Bank 2026 report?
(a.) Carbon Credit Trading Scheme (CCTS)
(b.) National Clean Energy Cess Grid
(c.) Green House Gas Offset Window
(d.) Renewable Energy Certificate Registry 2.0
(10.) Which official portal serves as the primary gateway for central government press releases in India?
(a.) pib.gov.in
(b.) india.gov.in
(c.) mygov.in
(d.) niti.gov.in
(11.) What milestone anniversary was commemorated by the Border Security Force during its Mount Everest expedition?
(a.) Golden Jubilee (50 years)
(b.) Diamond Jubilee (60 years)
(c.) Platinum Jubilee (75 years)
(d.) Centenary (100 years)
(12.) What is the primary operational objective of establishing ANRF Centres of Excellence under the convergence programme?
(a.) Promoting multidisciplinary research integrating science, technology, social sciences, and humanities
(b.) Training corporate executives in stock market day trading
(c.) Constructing high-altitude military border outposts
(d.) Auditing state government treasury expenditure accounts
(13.) What is the official height of Mount Everest scaled by the CAPF all-women teams?
(a.) 8,611 meters
(b.) 8,848 meters
(c.) 8,586 meters
(d.) 8,167 meters
(14.) Under which framework does the RBI transfer its annual financial surplus to the Government of India?
(a.) Economic Capital Framework (ECF)
(b.) Fiscal Responsibility and Budget Management Act
(c.) Central Bank Reserve Surplus Code
(d.) Monetary Policy Asset Guideline
(15.) What is the projected size target for India's digital economy cited in recent digital infrastructure policy discussions?
(a.) USD 500 billion by 2028
(b.) USD 1 trillion by 2030
(c.) USD 2 trillion by 2032
(d.) USD 5 trillion by 2035
(16.) Which city hosted the launch event of 'Bharat Digital Samvad' in May 2026?
(a.) Mumbai
(b.) Bengaluru
(c.) New Delhi
(d.) Hyderabad
(17.) Who is the executive head or administrative ministry overseer of Central Armed Police Forces like ITBP and BSF?
(a.) Ministry of Defence
(b.) Ministry of Home Affairs
(c.) Ministry of Youth Affairs and Sports
(d.) Ministry of Personnel, Public Grievances and Pensions
(18.) What percentage of global greenhouse gas emissions are covered by direct carbon pricing systems according to the World Bank?
(a.) 12%
(b.) 21%
(c.) 29%
(d.) 45%
(19.) What financial benefit does the RBI's annual surplus transfer provide directly to the Union Government?
(a.) Enhancing fiscal space for capital expenditure and managing fiscal deficit targets without over-borrowing
(b.) Mandating immediate tax cuts for corporate entities
(c.) Providing direct cash transfers to every citizen's bank account
(d.) Eliminating all sovereign foreign debt liabilities instantly
(20.) Where is the headquarters of the World Bank Group located?
(a.) Geneva, Switzerland
(b.) Washington, D.C., USA
(c.) New York, USA
(d.) London, United Kingdom
(21.) How do convergence research models differ from traditional single-discipline academic studies?
(a.) Breaking down barriers between technical sciences, humanities, and social sciences to holistically solve complex real-world problems
(b.) Restricting research access exclusively to government bureaucrats
(c.) Replacing laboratory experiments with theoretical computer algorithms only
(d.) Banning international collaboration in scientific paper publishing
(22.) Which route was traversed by the ITBP all-women expedition team to reach the summit of Mount Everest?
(a.) South Col Route from Nepal
(b.) North Ridge Route from Tibet
(c.) Kangshung Face Route from China
(d.) West Ridge Direct Route
(23.) Which agency serves as the official press clearing house for Government of India policy releases?
(a.) Press Information Bureau (PIB)
(b.) Press Trust of India
(c.) National Informatics Centre
(d.) Doordarshan News
(24.) What is the overarching global policy goal of implementing national carbon pricing mechanisms?
(a.) Internalizing carbon emission costs, driving green corporate transitions, and cutting net-zero emissions efficiently
(b.) Maximizing fossil fuel consumption subsidies
(c.) Imposing trade blockades on developing nations
(d.) Replacing all renewable energy grants with coal taxes
(25.) What role does the Anusandhan National Research Foundation (ANRF) play in India's R&D landscape?
(a.) Serving as an apex body to fund, coordinate, and foster a robust research culture across universities and laboratories
(b.) Regulating private commercial banking interest rates
(c.) Managing national highway toll plazas
(d.) Controlling foreign currency exchange market trading bands
(26.) Which city serves as the financial capital of India where the Reserve Bank of India is headquartered?
(a.) New Delhi
(b.) Mumbai
(c.) Kolkata
(d.) Chennai
(27.) Why are all-women mountaineering expeditions significant for institutional forces like ITBP and BSF?
(a.) Demonstrating gender inclusivity, breaking traditional barriers, and inspiring youth leadership in extreme adventure sports
(b.) Fulfilling mandatory international sports quota requirements
(c.) Replacing male personnel entirely in border guard battalions
(d.) Testing lightweight mountaineering equipment for commercial retail sale
(28.) Which sector is primarily represented by the Bharath Digital Infrastructure Association (BDIA)?
(a.) Broadcasters and digital media companies in India
(b.) Heavy engineering and machine tool manufacturers
(c.) Agro-chemical fertilizer distributors
(d.) Commercial passenger airline operators
(29.) Which official agency acts as the authoritative publisher of monetary policy and surplus transfer updates in India?
(a.) Reserve Bank of India
(b.) Ministry of Finance
(c.) NITI Aayog
(d.) Comptroller and Auditor General
(30.) What is the significance of tracking carbon pricing trends globally through World Bank publications?
(a.) Providing comparative benchmarks on carbon tax rates, emissions trading compliance, and global climate mitigation progress
(b.) Setting retail petrol prices at local fuel stations
(c.) Determining international airline ticket baggage tariffs
(d.) Fixing global crude oil barrel extraction quotas