Daily Current Affairs 10 October 2026
Daily current affairs for 10 October 2026 — 16 verified news items across Economy, Government Schemes, Banking & more, with exam-angle notes, keywords and…
Part of October 2026 current affairs: the month's top stories by topic
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In this digest · 16 items
Economy
RBI Tightens Forex Derivatives Framework to Ensure Market Stability

The Reserve Bank of India (RBI) has mandated banks to maintain a Foreign Exchange Risk Reserve in cash with the RBI. Additionally, the central bank will open a special window to meet the entire daily dollar requirements of three public sector oil marketing companies. These measures aim to ensure the orderly functioning of the forex derivatives market.
Source BusinessLine
Practice MCQs
Q1 What new requirement has the RBI imposed on banks regarding forex derivatives?
- AMaintain a Foreign Exchange Risk Reserve in cash with RBICorrect
- BIncrease lending rates for forex loans
- CLimit forex derivatives trading to foreign banks only
- DHold additional gold reserves
Explanation The RBI has mandated banks to maintain a Foreign Exchange Risk Reserve in cash with the RBI.
Q2 What special facility will the RBI provide to public sector oil marketing companies?
- AA special window to meet their entire daily dollar needsCorrect
- BSubsidized loans for crude oil imports
- CTax exemptions on forex transactions
- DPriority in government bond purchases
Explanation The RBI will open a special window to meet the entire daily dollar requirements of three public sector oil marketing companies.
India-U.S. Trade Pact to be Finalised Considering Changed Circumstances

India is in the process of finalising a trade pact with the United States, taking into account the changed circumstances. Commerce Minister Piyush Goyal stated that trade pact negotiations are also ongoing with several other regions including Israel, Chile, the Gulf Cooperation Council (GCC), and the Russia-led Eurasian Economic Union.
Source The Hindu
Practice MCQs
Q1 Which country's trade pact with India is being finalised considering changed circumstances?
- AUnited StatesCorrect
- BIsrael
- CChile
- DRussia
Explanation Piyush Goyal stated that the India-U.S. trade pact is being finalised keeping changed circumstances in mind.
Q2 Apart from the United States, with which of the following regions is India negotiating trade pacts?
- AIsrael, Chile, GCC, Eurasian Economic UnionCorrect
- BChina, Japan, ASEAN, EU
- CBrazil, South Africa, Nigeria, Egypt
- DAustralia, New Zealand, Canada, Mexico
Explanation Piyush Goyal mentioned ongoing trade pact negotiations with Israel, Chile, GCC, and the Russia-led Eurasian Economic Union.
India Initiates Anti-Dumping Probe on Pen-G and Salts from China

The Directorate General of Trade Remedies (DGTR) has initiated an anti-dumping investigation into the import of Pen-G and salts from China. The investigation period has been set for the fiscal year 2025-26, following a suggestion from the petitioner company. DGTR found sufficient prima facie evidence indicating that these products are being dumped into the Indian domestic market by Chinese exporters.
Source The Hindu
Practice MCQs
Q1 Which products are under India's anti-dumping probe related to imports from China?
- APen-G and saltsCorrect
- BSteel and aluminum
- CPharmaceuticals and chemicals
- DElectronics and machinery
Explanation The DGTR initiated an anti-dumping investigation specifically on Pen-G and salts imported from China.
Q2 What period has been set for the anti-dumping investigation on Pen-G and salts from China?
- A2025-26Correct
- B2023-24
- C2024-25
- D2026-27
Explanation The DGTR agreed to the company's suggestion to set the investigation period as 2025-26.
Q3 Which Indian authority initiated the anti-dumping probe on Pen-G and salts from China?
- ADirectorate General of Trade RemediesCorrect
- BMinistry of Commerce
- CCentral Board of Indirect Taxes and Customs
- DReserve Bank of India
Explanation The Directorate General of Trade Remedies (DGTR) is responsible for initiating the anti-dumping investigation.
EU-China Trade Breakthrough: China to Slash Hybrid Car Exports by Over Half

The European Union announced a trade agreement with China in which Beijing has agreed to reduce its exports of hybrid cars to the EU by more than half. This move aims to ease the growing trade tensions between the two economic blocs. The agreement marks a significant step in addressing trade imbalances and fostering better economic relations.
Source Livemint
Practice MCQs
Q1 What did China agree to do under the recent trade agreement with the European Union?
- AIncrease hybrid car exports to the EU
- BModerate hybrid car exports to the EU by more than halfCorrect
- CBan hybrid car exports to the EU
- DSubsidize hybrid car production in the EU
Explanation China agreed to reduce its hybrid car exports to the EU by more than half to ease trade tensions.
Q2 What is the main purpose of the EU-China trade agreement mentioned?
- ATo increase tariffs on hybrid cars
- BTo ease mounting trade tensions between the EU and ChinaCorrect
- CTo promote electric car exports from China
- DTo ban all car exports between the EU and China
Explanation The agreement aims to ease mounting trade tensions between the European Union and China.
Akasa Air Launches Direct Flights Connecting Jaipur with Mumbai and Bengaluru

Akasa Air has commenced direct flight operations connecting Jaipur with Mumbai and Bengaluru starting Sunday. The airline plans to further expand its connectivity in Rajasthan by beginning operations from Udaipur on October 15. This move is part of Akasa Air's strategy to enhance air travel options within the state.
Source BusinessLine
Practice MCQs
Q1 Which airline has started direct flights connecting Jaipur with Mumbai and Bengaluru?
- AAkasa AirCorrect
- BIndiGo
- CAir India
- DSpiceJet
Explanation Akasa Air has commenced direct flight operations connecting Jaipur with Mumbai and Bengaluru.
Q2 From which city will Akasa Air begin operations on October 15 as part of its expansion in Rajasthan?
- AUdaipurCorrect
- BJodhpur
- CAjmer
- DBikaner
Explanation Akasa Air plans to begin operations from Udaipur on October 15 to expand connectivity in Rajasthan.
Gujarat to Release Water from Kadana Dam to Protect Kharif Crops Amid Rainfall Deficit

In early October, Gujarat experienced a severe rainfall deficit of approximately 97%, receiving only 0.3 mm of rain against the seasonal average of 11 mm between October 1 and 10. To mitigate the impact of this deficit on Kharif crops, the state government has decided to release water from the Kadana Dam. This measure aims to protect the crops during the critical growing period amid insufficient rainfall.
Source BusinessLine
Practice MCQs
Q1 What was the rainfall deficit percentage in Gujarat during early October 2026?
- A97%Correct
- B50%
- C25%
- D10%
Explanation Gujarat received only 0.3 mm of rain against the seasonal average of 11 mm, resulting in a rainfall deficit of approximately 97%.
Q2 Which dam's water is Gujarat releasing to protect Kharif crops amid the rainfall deficit?
- AKadana DamCorrect
- BSardar Sarovar Dam
- CUkai Dam
- DNarmada Dam
Explanation The state government decided to release water from the Kadana Dam to protect Kharif crops during the rainfall deficit.
Q3 What is the purpose of releasing water from Kadana Dam in Gujarat?
- ATo protect Kharif crops amid rainfall deficitCorrect
- BTo generate hydroelectric power
- CTo supply drinking water to urban areas
- DTo control flooding in downstream areas
Explanation Water is being released from Kadana Dam specifically to protect Kharif crops during the period of rainfall deficit.
Government Schemes
Centre Proposes Tighter Curbs on Advertising of Prescription Drugs

The Indian government has proposed an amendment to extend the prohibition of advertisements across the entire drug supply chain. This move aims to strengthen oversight on the promotion of prescription medicines and reduce the risk of inappropriate self-medication among the public.
Source The Hindu
Practice MCQs
Q1 What is the main objective of the Centre's proposed amendment on prescription drug advertisements?
- ATo extend advertisement prohibition across the drug supply chainCorrect
- BTo promote over-the-counter drug sales
- CTo allow direct-to-consumer advertising of prescription drugs
- DTo reduce the price of prescription medicines
Explanation The amendment seeks to extend the advertisement prohibition across the drug supply chain to strengthen oversight and reduce inappropriate self-medication.
Q2 What risk does the proposed amendment aim to reduce?
- AInappropriate self-medicationCorrect
- BCounterfeit drug manufacturing
- COverpricing of medicines
- DLack of drug availability
Explanation The amendment aims to reduce the risk of inappropriate self-medication by regulating the promotion of prescription medicines.
Banking
Anup Bagchi to Earn ₹43 Crore in First Year as HDFC Bank CEO

Anup Bagchi, the incoming CEO of HDFC Bank, India's largest private sector lender, is set to earn ₹43 crore in his first year. This compensation package includes fixed pay, performance-linked incentives, stock options, and other benefits, as detailed in the bank's exchange filings.
Source BusinessLine
Practice MCQs
Q1 What is the total compensation Anup Bagchi is set to earn in his first year as HDFC Bank CEO?
- A₹43 croreCorrect
- B₹30 crore
- C₹50 crore
- D₹25 crore
Explanation Anup Bagchi's first-year compensation as HDFC Bank CEO is ₹43 crore as per exchange filings.
Q2 Which components are included in Anup Bagchi's compensation package as HDFC Bank CEO?
- AFixed pay, performance-linked compensation, stock options, and benefitsCorrect
- BOnly fixed pay and benefits
- CPerformance-linked compensation and bonuses only
- DStock options and fixed pay only
Explanation The compensation package includes fixed pay, performance-linked incentives, stock options, and other benefits.
Q3 Which bank is Anup Bagchi appointed as CEO of?
- AHDFC BankCorrect
- BICICI Bank
- CState Bank of India
- DAxis Bank
Explanation Anup Bagchi is the incoming CEO of HDFC Bank, India's largest private sector lender.
Environment
Asian Countries Including India Urged to Accelerate Renewable Energy Transition

Ahead of COP31, activists and officials in Bangkok have called for Asian countries, including India, to rapidly and equitably transition to renewable energy sources. They emphasized the need for accountability from developed nations to support this shift. The call highlights the urgency of addressing climate change through sustainable energy practices in the region.
Source BusinessLine
Practice MCQs
Q1 What was the main demand made by activists and officials in Bangkok ahead of COP31?
- ATo accelerate the transition to renewable energy in Asian countries including IndiaCorrect
- BTo increase fossil fuel production in Asian countries
- CTo delay the implementation of renewable energy policies
- DTo reduce renewable energy investments in developed nations
Explanation Activists and officials urged a rapid and equitable shift to renewable energy in Asian countries including India.
Q2 Which group was called upon to be accountable in the transition to renewable energy?
- ADeveloped nationsCorrect
- BAsian developing countries
- CLocal governments in India
- DPrivate energy companies
Explanation The call emphasized accountability from developed nations to support the renewable energy transition.
National
Assam and Meghalaya Villagers Unite Against Joint Hydropower Project

Villagers from Assam and Meghalaya residing along the Kulsi River have come together under the Assam-Meghalaya Joint Protection Committee to oppose a proposed joint hydropower project. They express concerns that the dam would impact 46 villages in the region, potentially affecting their livelihoods and environment.
Source The Hindu
Practice MCQs
Q1 What is the main concern of villagers from Assam and Meghalaya regarding the joint hydropower project?
- AIt would affect 46 villages along the Kulsi RiverCorrect
- BIt would increase electricity tariffs
- CIt would cause flooding in urban areas
- DIt would reduce water supply to cities
Explanation Villagers are opposing the project because the dam would affect 46 villages along the Kulsi River.
Q2 Under what banner have the Assam and Meghalaya villagers united to oppose the hydropower project?
- AAssam-Meghalaya Joint Protection CommitteeCorrect
- BNorth East River Conservation Forum
- CKulsi River Development Authority
- DJoint Hydropower Opposition Front
Explanation The villagers have united under the Assam-Meghalaya Joint Protection Committee to oppose the project.
Hyderabad's Ruth John Paul Becomes India's First Transgender PG Doctor

Ruth John Paul from Hyderabad has become India's first transgender postgraduate doctor. Despite facing family rejection, hunger, and a court battle, she achieved this milestone, expressing pride and happiness for herself and her community.
Source The Hindu
Practice MCQs
Q1 Who became India's first transgender postgraduate doctor?
- ARuth John PaulCorrect
- BArundhati Roy
- CLaxmi Narayan Tripathi
- DManabi Bandopadhyay
Explanation Ruth John Paul from Hyderabad became India's first transgender postgraduate doctor.
Q2 Which city is Ruth John Paul associated with?
- AMumbai
- BHyderabadCorrect
- CChennai
- DKolkata
Explanation Ruth John Paul is from Hyderabad.
Q3 What challenges did Ruth John Paul face before becoming a PG doctor?
- AFamily rejection, hunger, and a court battleCorrect
- BFinancial crisis and lack of education
- CPolitical opposition and social boycott
- DHealth issues and discrimination at workplace
Explanation She faced family rejection, hunger, and a court battle before achieving her milestone.
Sports
Karnataka to face Andhra in Ranji Trophy opening match

In the opening match of the Ranji Trophy, Karnataka will face Andhra. Smaran will make his captaincy debut for Karnataka, while Vinay Kumar will begin his maiden coaching stint in charge of the team. Both have significant responsibilities as they lead Karnataka in this important fixture.
Source The Hindu
Practice MCQs
Q1 Who is making his captaincy debut for Karnataka in the Ranji Trophy opening match?
- ASmaranCorrect
- BVinay Kumar
- CAndhra Captain
- DKarnataka Coach
Explanation Smaran is making his captaincy debut for Karnataka in the Ranji Trophy opening match.
Q2 What is significant about Vinay Kumar's role in the Karnataka Ranji Trophy team?
- AHe is the new captain
- BHe is coaching Karnataka for the first timeCorrect
- CHe is the leading run-scorer
- DHe is the team selector
Explanation Vinay Kumar is undertaking his maiden coaching stint in charge of Karnataka.
Tanush Kotian Aims for India Test Call-Up After Strong Ranji Trophy Season

Tanush Kotian, 27, earned the Player of the Tournament award in Mumbai's victorious 2023-24 Ranji Trophy campaign. His performances led to his maiden India call-up as a replacement for R. Ashwin during the Border-Gavaskar Trophy in Australia. Kotian is now aiming for another strong Ranji Trophy season to secure a permanent place in the India Test team.
Source The Hindu
Practice MCQs
Q1 Which award did Tanush Kotian receive during the 2023-24 Ranji Trophy season?
- APlayer of the TournamentCorrect
- BBest Batsman
- CBest Bowler
- DMost Valuable Player
Explanation Tanush Kotian was awarded the Player of the Tournament for his performances in the 2023-24 Ranji Trophy.
Q2 For which series was Tanush Kotian called up as a replacement for R. Ashwin?
- ABorder-Gavaskar Trophy in AustraliaCorrect
- BIPL 2024
- CAsia Cup 2023
- DWorld Test Championship Final
Explanation Kotian was called up as a replacement for R. Ashwin during the Border-Gavaskar Trophy in Australia.
Q3 Which team did Tanush Kotian represent in the 2023-24 Ranji Trophy?
- AMumbaiCorrect
- BDelhi
- CKarnataka
- DTamil Nadu
Explanation Tanush Kotian played for Mumbai in the 2023-24 Ranji Trophy.
International
IAEA Commends Pakistan's Robust Nuclear Security Regime

The International Atomic Energy Agency (IAEA) has praised Pakistan for maintaining a robust nuclear security regime. The agency also acknowledged Pakistan's significant contribution to developing the skills of the nuclear security workforce, highlighting its far-reaching impact on nuclear security standards.
Source The Hindu
Practice MCQs
Q1 What did the IAEA commend Pakistan for in its recent statement?
- AMaintaining a robust nuclear security regimeCorrect
- BIncreasing nuclear energy production
- CSigning a new nuclear disarmament treaty
- DBuilding new nuclear power plants
Explanation The IAEA specifically commended Pakistan for having a robust nuclear security regime.
Q2 According to the IAEA, what impact did Pakistan's contribution to nuclear security workforce development have?
- ALimited impact within Pakistan
- BFar-reaching impactCorrect
- CNo significant impact
- DNegative impact on global security
Explanation The IAEA stated that Pakistan's efforts in developing the nuclear security workforce had a far-reaching impact.
Mahmoud Abbas Postpones Palestinian Legislative Elections Again

Mahmoud Abbas, who has been serving as the president of Palestine since 2005, has postponed the Palestinian legislative elections for another year. Throughout his tenure, Abbas has delayed several presidential and legislative elections.
Source The Hindu
Practice MCQs
Q1 Since when has Mahmoud Abbas been serving as the president of Palestine?
- A2005Correct
- B2010
- C2015
- D2020
Explanation Mahmoud Abbas has served as president since 2005.
Q2 What recent decision did Mahmoud Abbas make regarding Palestinian legislative elections?
- AHeld elections on time
- BPostponed elections for another yearCorrect
- CCancelled elections permanently
- DAdvanced elections by six months
Explanation Mahmoud Abbas postponed the Palestinian legislative elections for another year.
Q3 What has been a recurring action by Mahmoud Abbas during his tenure?
- AConducting elections regularly
- BDelaying presidential and legislative electionsCorrect
- CResigning from presidency
- DHolding referendums
Explanation Abbas has delayed several presidential and legislative elections throughout his tenure.
Paramilitary Drone Strike in Sudan Kills 41 Near Ethiopian Border

A drone strike attributed to Sudan's paramilitary forces has resulted in the deaths of 41 displaced individuals near the border with Ethiopia. The incident highlights ongoing violence affecting displaced populations in the region.
Source The Hindu
Practice MCQs
Q1 Who was blamed for the drone strike that killed 41 displaced people near the Ethiopian border?
- ASudan's paramilitary forcesCorrect
- BEthiopian military
- CUnited Nations peacekeepers
- DLocal rebel groups
Explanation The drone strike was blamed on Sudan's paramilitary forces as per the rights group's report.
Q2 Where did the drone strike that killed 41 displaced people take place?
- ANear the Ethiopian border in SudanCorrect
- BIn the capital city of Sudan
- CIn northern Ethiopia
- DOn the Sudanese-Egyptian border
Explanation The strike occurred near the Ethiopian border within Sudan.
Q3 How many displaced people were reported killed in the drone strike near the Ethiopian border?
- A41Correct
- B25
- C60
- D15
Explanation The rights group reported that 41 displaced people were killed in the drone strike.
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