Daily Current Affairs 1 August 2026

Q1 Until which financial year has the Cabinet approved the extension of the PM-KISAN scheme?

• AFY 2028
• BFY 2031Correct
• CFY 2026
• DFY 2035

Explanation The Cabinet approved the extension of the PM-KISAN scheme till the financial year 2031.

Q2 What is the total financial outlay approved for the PM-KISAN scheme during the extension period?

• A₹1,00,000 crore
• B₹2,50,000 crore
• C₹3,15,614 croreCorrect
• D₹4,00,000 crore

Explanation A total financial outlay of ₹3,15,614 crore has been approved for the PM-KISAN scheme during the extended period.

Q3 For how many years has the PM-KISAN scheme been extended by the Cabinet?

• A3 years
• B5 yearsCorrect
• C7 years
• D10 years

Explanation The Cabinet approved the extension of the PM-KISAN scheme for five years.

Q1 Which political leaders urged Tamil Nadu CM Vijay to convene an all-party meeting on the Cauvery issue?

• AR. Mutharasan and StalinCorrect
• BNarendra Modi and Stalin
• CR. Mutharasan and Narendra Modi
• DStalin and Rahul Gandhi

Explanation Both CPI leader R. Mutharasan and DMK chief Stalin urged CM Vijay to convene the meeting.

Q2 What did CPI leader R. Mutharasan suggest the Tamil Nadu CM should do regarding the Cauvery dispute?

• AMeet the Prime Minister on behalf of all Tamil Nadu partiesCorrect
• BFile a petition in the Supreme Court
• CNegotiate directly with Karnataka
• DHold a public rally in Chennai

Explanation Mutharasan said the CM should meet the Prime Minister in New Delhi on behalf of all political parties in Tamil Nadu.

Q3 According to DMK chief Stalin, what is the way to address the Cauvery water dispute?

• ALegal battle against the opposing StateCorrect
• BBilateral talks with Karnataka
• CInternational mediation
• DWater sharing agreement renewal

Explanation Stalin stated that a legal battle is the only way to deal with the State denying Tamil Nadu its rightful share of Cauvery water.

Q1 What historic achievement did Tejaswin Shankar accomplish at the Commonwealth Games?

• AFirst Indian to win a gold medal in decathlon
• BFirst Indian to win a bronze medal in decathlonCorrect
• CFirst Indian to participate in decathlon
• DFirst Indian to win a silver medal in decathlon

Explanation Tejaswin Shankar became the first Indian to win a bronze medal in the decathlon at the Commonwealth Games.

Q2 In which three disciplines did Tejaswin Shankar achieve personal-best performances during the decathlon?

• A100m sprint, shot put, high jump
• BLong jump, discus throw, javelin throwCorrect
• CPole vault, 400m, 1500m
• DDiscus throw, 110m hurdles, pole vault

Explanation Tejaswin Shankar recorded personal-best performances in long jump, discus throw, and javelin throw.

Q3 What challenges did Tejaswin Shankar overcome to win the bronze medal?

• AOnly physical challenges
• BOnly mental challenges
• CBoth physical and mental challengesCorrect
• DNo challenges were mentioned

Explanation He overcame both physical and mental challenges to secure the bronze medal.

Q1 Who will Tanvi Sharma face in the final of the Taipei Open 2026 Super 300?

• AThuy Linh NguyenCorrect
• BUnnati Hooda
• CP.V. Sindhu
• DSaina Nehwal

Explanation Tanvi Sharma is set to face Vietnamese player Thuy Linh Nguyen in the Taipei Open 2026 Super 300 final.

Q2 Which major team event was Tanvi Sharma a part of before reaching the Taipei Open final?

• A2024 Badminton Asia Team ChampionshipsCorrect
• B2024 Thomas Cup
• C2024 Sudirman Cup
• D2024 Commonwealth Games

Explanation Tanvi Sharma was part of India's gold medal-winning squad at the 2024 Badminton Asia Team Championships.

Q3 What is notable about Tanvi Sharma's career progression?

• AShe has enjoyed a rapid rise over the last two yearsCorrect
• BShe has been playing for over a decade
• CShe recently switched from tennis to badminton
• DShe has won multiple Olympic medals

Explanation Tanvi Sharma has experienced a rapid rise in her badminton career over the last two years.

Q1 Which medal did Neeraj Chopra win in the javelin throw at the 2026 Commonwealth Games?

• AGold
• BSilverCorrect
• CBronze
• DDid not win a medal

Explanation Neeraj Chopra won the silver medal with a season-best throw of 85.83 meters.

Q2 Who won the gold medal in the javelin throw event at the 2026 Commonwealth Games?

• ANeeraj Chopra
• BYashvir Singh
• CPathirageCorrect
• DNot mentioned

Explanation Pathirage took the gold medal in the javelin throw event.

Q3 What was Yashvir Singh's achievement in the javelin throw at the 2026 Commonwealth Games?

• AGold medal
• BSilver medal
• CBronze medalCorrect
• DNo medal

Explanation Yashvir Singh won the bronze medal in the javelin throw event.

Q1 What was Hockey India President Dilip Tirkey's response to the jersey change?

• AHe approved the change after consultation
• BHe sought an explanation and said the Board was not consultedCorrect
• CHe designed the new jersey himself
• DHe ignored the issue completely

Explanation Dilip Tirkey sought an explanation over the jersey change and stated that the Board was not consulted.

Q2 What effect did the jersey change controversy have on the situation?

• AIt clarified the jersey design process
• BIt resolved political issues
• CIt complicated the issue and led to political tusslesCorrect
• DIt was welcomed by all stakeholders

Explanation The jersey change controversy made the issue more complicated and led to political tussles.

Q1 Where did the avalanche that killed mountaineer Nirmal Purja occur?

• AMount Everest
• BK2
• CBroad PeakCorrect
• DAnnapurna

Explanation The avalanche occurred on Broad Peak in Pakistan, as confirmed by Elite Expeditions.

Q2 Which company confirmed the death of Nirmal Purja following the avalanche?

• AElite ExpeditionsCorrect
• BAdventure Nepal
• CMountain High
• DSummit Seekers

Explanation Elite Expeditions, Nirmal Purja's company, confirmed his death after the avalanche.

Q3 What is Nirmal Purja's nationality as mentioned in the reports?

• AIndian
• BBritish-NepaliCorrect
• CPakistani
• DAmerican

Explanation Nirmal Purja was a British-Nepali mountaineer.

Q1 What is the passenger handling capacity of the Alluri Sitarama Raju International Airport at Bhogapuram as designed?

• A6 million passengers annually, scalable to 40 millionCorrect
• B5 million passengers annually, scalable to 30 million
• C10 million passengers annually, scalable to 50 million
• D3 million passengers annually, scalable to 20 million

Explanation The airport is designed to handle 6 million passengers annually and can be scaled up to 40 million passengers.

Q2 Under which mode was the Alluri Sitarama Raju International Airport developed?

• APublic-Private Partnership (PPP)Correct
• BFully government funded
• CPrivate sector only
• DForeign direct investment

Explanation The airport was developed under the Public-Private Partnership (PPP) mode.

Q3 What is the approximate cost of developing the Alluri Sitarama Raju International Airport?

• AOver ₹5,640 croreCorrect
• B₹3,000 crore
• C₹10,000 crore
• D₹4,500 crore

Explanation The airport was developed at a cost of over ₹5,640 crore.

Q1 Who inaugurated the Bhogapuram greenfield airport in August 2026?

• APrime Minister Narendra ModiCorrect
• BGovernor S Abdul Nazeer
• CChief Minister N Chandrababu Naidu
• DPresident of India

Explanation Prime Minister Narendra Modi inaugurated the Bhogapuram airport terminal building.

Q2 Which historical figure's name was given to the Bhogapuram airport as mentioned by PM Modi?

• AValmiki
• BSant Ravidas
• CAlluri Sitarama RajuCorrect
• DMahatma Gandhi

Explanation PM Modi stated that the Bhogapuram airport was named after Alluri Sitarama Raju.

Q3 Who accompanied PM Modi during the inspection of the Bhogapuram airport facility?

• AGovernor S Abdul Nazeer and Chief Minister N Chandrababu NaiduCorrect
• BUnion Minister of Civil Aviation
• CChief Minister of Tamil Nadu
• DMayor of Bhogapuram

Explanation Governor S Abdul Nazeer and Chief Minister N Chandrababu Naidu accompanied PM Modi during the inspection.

Q1 Who was killed in the terrorist attack in Kulgam, Jammu and Kashmir?

• ADeepak Ratray, a 24-year-old Chhattisgarh labourerCorrect
• BBopinder, a 28-year-old local worker
• CA security personnel
• DAn unidentified terrorist

Explanation Deepak Ratray, a 24-year-old labourer from Chhattisgarh, was killed in the attack as per the reports.

Q2 What action did security forces take after the terrorist attack in Kulgam?

• AThey cordoned off the area and launched a search operationCorrect
• BThey arrested the terrorists immediately
• CThey evacuated all local residents
• DThey imposed a curfew in the entire Jammu and Kashmir region

Explanation Security forces cordoned off the area and launched a search operation following the attack.

Q3 What was the target of the terrorists in the Kulgam attack?

• ANon-local labourers at a brick kilnCorrect
• BSecurity forces stationed in Kulgam
• CLocal political leaders
• DTourists visiting Jammu and Kashmir

Explanation The terrorists targeted non-local labourers working at a brick kiln in Kulgam.

Q1 What was the main reason for the protests in Pakistan-occupied Kashmir (PoK) as reported?

• AInflated living costs and political discriminationCorrect
• BDemand for independence
• CForeign intervention
• DNatural disaster relief

Explanation The protests in PoK were due to inflated living costs, alleged administrative apathy, political discrimination, and atrocities against minorities.

Q2 How did India describe Pakistan's actions in PoK during the recent protests?

• ARuthless crackdownCorrect
• BPeaceful resolution
• CSupportive measures
• DNeutral stance

Explanation India called Pakistan's crackdown in PoK 'ruthless' and condemned the rigged elections.

Q3 What has India called for in response to Pakistan's crackdown in PoK?

• AGlobal scrutinyCorrect
• BMilitary intervention
• CEconomic sanctions
• DDiplomatic talks only

Explanation India has called for global scrutiny over Pakistan's ruthless crackdown in PoK.

Q1 What is the total amount of additional tax devolution released by the Centre to states as an advance transfer?

• A₹1.09 lakh croreCorrect
• B₹2,597 crore
• C₹10,900 crore
• D₹1.09 crore

Explanation The Centre released an additional ₹1.09 lakh crore in tax devolution to states as an advance transfer.

Q2 How much additional tax devolution did Kerala receive to boost capital spending?

• A₹2,597 croreCorrect
• B₹1.09 lakh crore
• C₹10,000 crore
• D₹5,000 crore

Explanation Kerala received ₹2,597 crore as an additional instalment of tax devolution.

Q3 When is the routine monthly tax devolution scheduled to be released following the additional instalment?

• AAugust 10Correct
• BAugust 1
• CAugust 15
• DAugust 5

Explanation The routine monthly devolution is scheduled to be released on August 10.

Q1 What is the primary objective of the Samudra Manthan scheme approved by the Union Cabinet?

• ATo accelerate deep-sea oil and gas explorationCorrect
• BTo provide direct cash transfers to farmers
• CTo promote renewable energy sources
• DTo develop inland waterways

Explanation The Samudra Manthan scheme aims to accelerate deep-sea oil and gas exploration to strengthen India's energy security.

Q2 For how many years has the PM-Kisan scheme been extended by the Union Cabinet?

• AThree years
• BFive yearsCorrect
• CSeven years
• DTen years

Explanation The PM-Kisan scheme has been extended for another five years to support rural incomes and agricultural investment.

Q3 What is the approximate financial outlay approved by the Cabinet for the Samudra Manthan programme?

• A₹8,400 crore
• B₹84,000 croreCorrect
• C₹840 crore
• D₹8,40,000 crore

Explanation The Cabinet approved around ₹84,000 crore for the Samudra Manthan programme to boost offshore oil and gas exploration.

Q1 What was India's fiscal deficit as a percentage of the FY27 target by the end of June?

• A9.6%
• B18.2%Correct
• C25.4%
• D12.8%

Explanation The fiscal deficit stood at 18.2% of the FY27 target by the end of June.

Q2 What was the fiscal deficit amount in India for April-June of FY27?

• A₹1.5 lakh crore
• B₹2.0 lakh crore
• C₹3.1 lakh croreCorrect
• D₹4.0 lakh crore

Explanation The fiscal deficit for April-June was ₹3.1 lakh crore.

Q3 What was the main reason for the widening fiscal deficit in April-June FY27?

• ADecline in revenue collections
• BHigher government spending towards the end of the quarterCorrect
• CIncrease in exports
• DReduction in capital expenditure

Explanation The deficit widened due to higher government spending towards the end of the quarter, while revenue collections remained broadly on track.

Q1 What was the profit after tax (PAT) reported by ESAF Small Finance Bank in Q1FY27?

• A₹24.91 crore
• B₹80 croreCorrect
• C₹23,216 crore
• D₹14,465 crore

Explanation ESAF Small Finance Bank reported a PAT of ₹80 crore in Q1FY27.

Q2 By what percentage did Dhanlaxmi Bank's total deposits grow as of June 30, 2025?

• A10%
• B17%Correct
• C23%
• D30%

Explanation Dhanlaxmi Bank's total deposits grew by 17%, reaching ₹19,404 crore from ₹16,570 crore.

Q3 What was the value of ESAF Small Finance Bank's gross advances in Q1FY27?

• A₹14,465 crore
• B₹19,404 crore
• C₹23,216 croreCorrect
• D₹16,570 crore

Explanation The bank's gross advances stood at ₹23,216 crore in Q1FY27.