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Daily Current Affairs 22 August 2026

Daily current affairs for 22 August 2026 — 11 verified news items across Defence, Economy, International & more, with exam-angle notes, keywords and practice…

Published 22 August 2026 · current affairs · daily digest · defence · economy · international · banking

Defence

India and UK Review Defence Cooperation with Focus on R&D and Industrial Ties

India and UK Review Defence Cooperation with Focus on R&D and Industrial Ties
Photo: The Hindu

India and the United Kingdom recently reviewed their defence industrial cooperation, emphasizing the expansion of research and development (R&D) and industrial collaboration. Both countries agreed to enhance exchanges between their armed forces through joint exercises, training, and capacity-building initiatives to strengthen defence ties.

Exam angle Focus on India-UK defence cooperation and joint military initiatives.
IndiaUnited Kingdomdefence cooperationR&Darmed forcesjoint exercisestrainingcapacity building

Source The Hindu

Practice MCQs

Q1 What was the main focus of the recent India-UK defence cooperation review?

  • AExpanding cultural exchanges
  • BEnhancing R&D and industrial cooperationCorrect
  • CIncreasing trade tariffs
  • DDeveloping space technology

Explanation The review focused on expanding research and development (R&D) and industrial cooperation between India and the UK.

Q2 Which of the following initiatives did India and the UK agree to expand between their armed forces?

  • AJoint space missions
  • BJoint exercises, training, and capacity buildingCorrect
  • CEconomic sanctions
  • DMaritime trade agreements

Explanation Both countries agreed to expand exchanges through joint exercises, training, and capacity-building initiatives.

Q3 Which two countries were involved in the recent defence industrial cooperation review?

  • AIndia and Australia
  • BIndia and United KingdomCorrect
  • CIndia and United States
  • DIndia and France

Explanation The defence cooperation review was between India and the United Kingdom.

Economy

RBI's Forex Swap Window Attracts $72.85 Billion Inflows Till August 21, 2026

RBI's Forex Swap Window Attracts $72.85 Billion Inflows Till August 21, 2026
Photo: The Hindu

The Reserve Bank of India's forex swap window has attracted total inflows of $72.85 billion till August 21, 2026. These inflows comprise $64.40 billion through Foreign Currency Non-Resident (Bank) deposits, $4.86 billion via Overseas Foreign Currency Borrowings, and $2.59 billion through External Commercial Borrowings. The data was reported by Authorised Dealer Banks to the RBI, reflecting significant foreign exchange inflows through multiple channels.

Exam angle Details of RBI's forex inflows and their components are important for questions on India's foreign exchange management and economic policies.
RBIforex swap windowFCNR (B)OFCBECBforeign exchange inflowsAuthorised Dealer Banks

Source The Hindu

Practice MCQs

Q1 What is the total amount of forex inflows reported by RBI's forex swap window till August 21, 2026?

  • A$64.40 billion
  • B$72.85 billionCorrect
  • C$4.86 billion
  • D$2.59 billion

Explanation The total forex inflows reported till August 21, 2026, are $72.85 billion as per RBI data.

Q2 Which component contributed the largest share to the RBI's forex inflows till August 21, 2026?

  • AOverseas Foreign Currency Borrowings (OFCB)
  • BExternal Commercial Borrowings (ECB)
  • CForeign Currency Non-Resident (Bank) deposits (FCNR B)Correct
  • DForeign Direct Investment (FDI)

Explanation FCNR (B) deposits contributed the largest share of $64.40 billion to the total forex inflows.

Q3 How much forex inflow was reported via External Commercial Borrowings (ECB) till August 21, 2026?

  • A$64.40 billion
  • B$4.86 billion
  • C$2.59 billionCorrect
  • D$72.85 billion

Explanation Forex inflows via ECBs amounted to $2.59 billion as reported by RBI.

West Asia Conflict Raises India's Oil and Gas Import Bill by Over 40% in 2026

West Asia Conflict Raises India's Oil and Gas Import Bill by Over 40% in 2026
Photo: The Hindu

The ongoing conflict in West Asia has significantly impacted India's energy import costs in 2026. Between April and July, India's net oil and gas import bill increased by 43%, reflecting the volatility in global crude prices. Specifically, in July alone, the crude import bill surged by 41%, with import volumes rising by 13%. These increases are attributed to episodic events in West Asia that caused fluctuations in benchmark Brent crude prices during this period.

Exam angle Questions may focus on the impact of West Asia conflicts on India's oil and gas import costs in 2026.
IndiaWest Asiaoil import billgas import billBrent crudeApril-July 2026July 2026

Source The Hindu

Practice MCQs

Q1 By what percentage did India's net oil and gas import bill increase between April and July 2026 due to the West Asia conflict?

  • A33%
  • B43%Correct
  • C53%
  • D63%

Explanation India's net oil and gas import bill increased by 43% between April and July 2026 as a result of the West Asia conflict.

Q2 What was the percentage increase in India's crude import bill in July 2026 amid the West Asia crisis?

  • A31%
  • B41%Correct
  • C51%
  • D61%

Explanation India's crude import bill surged by 41% in July 2026 amid the West Asia crisis.

Q3 How much did India's crude import volumes increase in July 2026 during the West Asia conflict?

  • A3%
  • B8%
  • C13%Correct
  • D18%

Explanation India's crude import volumes increased by 13% in July 2026 amid the West Asia crisis.

International

TikTok Agrees to $400 Million Settlement Over US Children's Privacy

TikTok Agrees to $400 Million Settlement Over US Children's Privacy
Photo: The Hindu

TikTok has agreed to a $400 million settlement with the U.S. Justice Department concerning violations of children's privacy laws. The settlement aims to ensure that children are protected online and that companies handling their personal information comply with legal obligations. U.S. Associate Attorney General Stanley E. Woodward Jr. emphasized the department's priority to safeguard children's privacy in a statement.

Exam angle Focus on recent major privacy settlements involving social media platforms and children's data protection laws.
TikTokU.S. Justice Departmentchildren's privacyStanley E. Woodward Jr.United States

Source The Hindu

Practice MCQs

Q1 What amount did TikTok agree to pay in the US children's privacy settlement?

  • A$100 million
  • B$200 million
  • C$400 millionCorrect
  • D$500 million

Explanation TikTok agreed to a $400 million settlement with the U.S. Justice Department over children's privacy.

Q2 Which US official highlighted the priority of protecting children online in the TikTok settlement statement?

  • AAttorney General Merrick Garland
  • BAssociate Attorney General Stanley E. Woodward Jr.Correct
  • CSecretary of Commerce Gina Raimondo
  • DFederal Trade Commission Chair Lina Khan

Explanation U.S. Associate Attorney General Stanley E. Woodward Jr. stated the department's priority to protect children online.

Q3 The TikTok settlement primarily addresses violations related to:

  • ATax evasion
  • BChildren's privacyCorrect
  • CAntitrust laws
  • DAdvertising standards

Explanation The settlement concerns TikTok's violations of children's privacy laws.

Sweden School Attack: One Dead, Three Injured by Former Student

Sweden School Attack: One Dead, Three Injured by Former Student
Photo: Livemint

On August 22, 2026, an 18-year-old former student of Brinell High School in Sweden went on a rampage with a sword, resulting in one death and three injuries. The suspect was taken into custody by authorities, who are currently investigating the incident.

Exam angle Details of the Sweden school attack involving a former student and its consequences.
SwedenBrinell High School18-year-oldsword attackrampageauthorities

Source Livemint

Practice MCQs

Q1 What was the weapon used by the 18-year-old former student in the Sweden school attack?

  • AGun
  • BKnife
  • CSwordCorrect
  • DBomb

Explanation The attacker went on a rampage with a sword, as stated in the source.

Q2 How many people were injured in the Sweden school attack on August 22, 2026?

  • AOne
  • BTwo
  • CThreeCorrect
  • DFour

Explanation Three people were injured in the attack, according to the report.

Q3 What action did the authorities take after the Sweden school attack?

  • ASuspect fled
  • BSuspect arrestedCorrect
  • CNo arrest made
  • DSuspect injured

Explanation Authorities took the suspect into custody following the incident.

Banking

IRDAI Bars Edelweiss Life and Pramerica Life from Opening New Offices for Six Months

IRDAI Bars Edelweiss Life and Pramerica Life from Opening New Offices for Six Months
Photo: BusinessLine

The Insurance Regulatory and Development Authority of India (IRDAI) has barred life insurers Edelweiss Life and Pramerica Life from opening new branches for six months. This action was taken due to their failure to remain within the prescribed Expenses of Management (EoM) limits. IRDAI has stated that it will continue to take appropriate supervisory and enforcement actions wherever regulatory non-compliance is observed.

Exam angle Regulatory actions by IRDAI against life insurers for non-compliance with prescribed norms.
IRDAIEdelweiss LifePramerica LifeEoM limitslife insurersregulatory non-compliance

Source BusinessLine

Practice MCQs

Q1 Why did IRDAI bar Edelweiss Life and Pramerica Life from opening new branches for six months?

  • AFailure to remain within prescribed Expenses of Management (EoM) limitsCorrect
  • BNon-payment of taxes
  • CViolation of customer privacy norms
  • DDelay in claim settlements

Explanation IRDAI barred the insurers due to their failure to remain within the prescribed EoM limits.

Q2 What action has IRDAI taken against Edelweiss Life and Pramerica Life?

  • ABarred them from opening new branches for six monthsCorrect
  • BCancelled their licenses
  • CImposed a financial penalty
  • DMerged them with other insurers

Explanation IRDAI has barred the two life insurers from opening new branches for six months.

Q3 What will IRDAI continue to do in cases of regulatory non-compliance?

  • ATake appropriate supervisory and enforcement actionCorrect
  • BProvide financial assistance
  • COffer training programs
  • DIncrease the EoM limits

Explanation IRDAI will continue to take appropriate supervisory and enforcement action wherever regulatory non-compliance is observed.

Sports

Neeraj Chopra Finishes Second at Lausanne Diamond League with 88.05m Throw

Neeraj Chopra Finishes Second at Lausanne Diamond League with 88.05m Throw
Photo: The Hindu

Indian javelin thrower Neeraj Chopra secured the second position at the Lausanne Diamond League event with a best throw of 88.05 meters in the second round. This performance was his best throw since his 88.16 meters throw that won him the Paris Diamond League in June 2025. The competition featured nine top athletes, with Pathirage winning the title.

Exam angle Questions may focus on Neeraj Chopra's recent performances and rankings in international athletics events.
Neeraj ChopraLausanne Diamond LeaguePathirageParis Diamond Leaguejavelin throw

Source The Hindu

Practice MCQs

Q1 What was Neeraj Chopra's best throw distance at the Lausanne Diamond League?

  • A88.05 metersCorrect
  • B88.16 meters
  • C87.50 meters
  • D89.00 meters

Explanation Neeraj Chopra's best throw at the Lausanne Diamond League was 88.05 meters, achieved in the second round.

Q2 Who won the title at the Lausanne Diamond League where Neeraj Chopra finished second?

  • APathirageCorrect
  • BNeeraj Chopra
  • CAnderson Peters
  • DJohannes Vetter

Explanation Pathirage won the title at the Lausanne Diamond League, while Neeraj Chopra finished second.

Q3 When did Neeraj Chopra record his 88.16 meters throw that preceded his Lausanne performance?

  • AJune 2025Correct
  • BAugust 2026
  • CJuly 2026
  • DMay 2025

Explanation Neeraj Chopra recorded his 88.16 meters throw in June 2025 at the Paris Diamond League.

India vs Sri Lanka 2nd Test: Focus on Winning and Playing Strategy

India vs Sri Lanka 2nd Test: Focus on Winning and Playing Strategy
Photo: The Hindu

Ahead of the India vs Sri Lanka second Test match, Sri Lankan player Dhananjaya de Silva highlighted that the pitch is dry and favorable for batting in the first two days, with the team planning to field two seamers and two spinners. Meanwhile, India’s coach Gambhir emphasized that the team's focus is on winning the second Test rather than the World Test Championship (WTC). He also did not confirm any changes in the playing XI, specifically regarding a possible swap between Kuldeep Yadav and Saransh Jain.

Exam angle Questions may focus on team strategies and player selections for the India vs Sri Lanka second Test match.
IndiaSri LankaDhananjaya de SilvaCoach GambhirKuldeep YadavSaransh JainWorld Test Championship

Source The Hindu

Practice MCQs

Q1 What did Dhananjaya de Silva say about the pitch conditions for the India vs Sri Lanka second Test?

  • AThe pitch is wet and favors bowlers throughout the match
  • BThe pitch is dry and good for batting in the first two daysCorrect
  • CThe pitch is grassy and favors fast bowlers
  • DThe pitch is unpredictable with uneven bounce

Explanation Dhananjaya de Silva stated that the pitch is quite dry and will be good for batting in the first two days.

Q2 What did India’s coach Gambhir say about the team’s focus for the second Test against Sri Lanka?

  • AThe focus is on winning the World Test Championship
  • BThe focus is on winning the second Test, not on the WTCCorrect
  • CThe focus is on resting key players
  • DThe focus is on experimenting with new players

Explanation Coach Gambhir said the focus is on winning the second Test and not on the World Test Championship.

Q3 What did coach Gambhir say about the possible swap between Kuldeep Yadav and Saransh Jain for the second Test?

  • AHe confirmed Kuldeep Yadav will be replaced by Saransh Jain
  • BHe confirmed Saransh Jain will be dropped
  • CHe did not reveal if there would be a swap between Kuldeep Yadav and Saransh JainCorrect
  • DHe said both players will play together

Explanation Coach Gambhir did not reveal if there would be a swap between Kuldeep Yadav and Saransh Jain for the second Test.

Science & Tech

Deepinder Goyal's Temple Wearable to Ship by End of 2026

Deepinder Goyal's Temple Wearable to Ship by End of 2026
Photo: Livemint

Deepinder Goyal, founder of Zomato, announced that his experimental wearable device called Temple is now less than half its earlier size, making it the smallest wearable on the market by volume. Pre-orders for a limited edition of Temple will open soon, with shipping expected by the end of 2026.

Exam angle Questions may focus on new technological innovations and product launch timelines by Indian entrepreneurs.
Deepinder GoyalZomatoTemple wearablepre-orders2026

Source Livemint

Practice MCQs

Q1 What is the name of the wearable device announced by Deepinder Goyal?

  • ATempleCorrect
  • BAura
  • CPulse
  • DNexus

Explanation The wearable device announced by Deepinder Goyal is called Temple.

Q2 When is the Temple wearable expected to start shipping?

  • AEnd of 2025
  • BMid 2026
  • CEnd of 2026Correct
  • DEarly 2027

Explanation Shipping for the Temple wearable is expected by the end of 2026.

Q3 What is notable about the size of the Temple wearable?

  • AIt is larger than most wearables
  • BIt is the smallest wearable on the market by volumeCorrect
  • CIt is the same size as earlier models
  • DIt is the heaviest wearable available

Explanation Temple is now less than half its earlier size and is claimed to be the smallest wearable on the market by volume.

National

India Ends Boarding Pass Stamping for International Travellers from September 1

India Ends Boarding Pass Stamping for International Travellers from September 1
Photo: The Hindu

From September 1, India will stop stamping boarding passes at airports for international travellers. Instead, passengers traveling abroad must present an e-boarding pass on their smartphones for immigration clearance, as confirmed by officials. This change aims to streamline the immigration process and enhance convenience for travellers.

Exam angle Questions may focus on recent changes in airport immigration procedures for international travellers in India.
Indiaboarding passinternational travellerse-boarding passimmigration clearanceairports

Source The Hindu

Practice MCQs

Q1 From which date will India stop stamping boarding passes for international travellers?

  • AAugust 1
  • BSeptember 1Correct
  • COctober 1
  • DNovember 1

Explanation India will end boarding pass stamping at airports for international travellers from September 1.

Q2 What must international travellers in India present for immigration clearance starting September 1?

  • APrinted boarding pass
  • BPassport only
  • CE-boarding pass on smartphoneCorrect
  • DVisa document

Explanation Passengers traveling abroad will have to produce an e-boarding pass on their smartphones for immigration clearance.

Q3 What is the main purpose of ending boarding pass stamping at Indian airports for international travellers?

  • ATo reduce paper usage
  • BTo streamline immigration processCorrect
  • CTo increase security checks
  • DTo reduce flight delays

Explanation The change aims to streamline the immigration process and enhance convenience for travellers.

Chintha Jerome Elected First Woman DYFI State President in Kerala

Chintha Jerome Elected First Woman DYFI State President in Kerala
Photo: The Hindu

Chintha Jerome, with a strong background in student politics including leadership roles in the SFI and serving as chairperson of the Kerala State Youth Commission from 2016 to 2023, has been elected as the first woman State president of the Democratic Youth Federation of India (DYFI) in Kerala. Alongside her, former SFI State secretary and Kalliaseri MLA M. Vijin was elected as State secretary, and R. Rahul from Alappuzha was elected treasurer.

Exam angle Questions may focus on Chintha Jerome's election as the first woman DYFI State president in Kerala and her political background.
Chintha JeromeDYFIKeralaSFIM. VijinR. RahulKerala State Youth Commission

Source The Hindu

Practice MCQs

Q1 Who was elected as the first woman State president of DYFI in Kerala?

  • AChintha JeromeCorrect
  • BM. Vijin
  • CR. Rahul
  • DKalliaseri MLA

Explanation Chintha Jerome was elected as the first woman State president of DYFI in Kerala.

Q2 Which position did M. Vijin hold in the newly elected DYFI Kerala state leadership?

  • AState president
  • BState secretaryCorrect
  • CTreasurer
  • DChairperson of Kerala State Youth Commission

Explanation M. Vijin was elected as the State secretary of DYFI Kerala.

Q3 Before becoming DYFI State president, what role did Chintha Jerome serve in from 2016 to 2023?

  • AChairperson of Kerala State Youth CommissionCorrect
  • BState secretary of SFI
  • CTreasurer of DYFI
  • DMLA of Kalliaseri

Explanation Chintha Jerome served as chairperson of the Kerala State Youth Commission from 2016 to 2023.

Frequently asked questions

What are the key current affairs of August 22, 2026?
11 items spanning Economy, International, Sports. Each item carries a short summary, an exam-relevance note, and 2 to 3 MCQs you can practise immediately.
Which exams is this digest tailored for?
TNPSC, SSC (CGL, CHSL), Banking (IBPS, SBI), RRB and GATE General Awareness sections. The exam-relevance line under each item highlights the most likely question angle.
Is Tamil Nadu news covered in this digest?
No Tamil Nadu-specific items appeared today; the digest covers national and international news relevant to TN aspirants too.

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