Daily Current Affairs 15 October 2026
Daily current affairs for 15 October 2026 — 23 verified news items across Environment, Sports, Economy & more, with exam-angle notes, keywords and practice…
Part of October 2026 current affairs: the month's top stories by topic
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In this digest · 23 items
Environment
Early Onset of Northeast Monsoon Brings Heavy Rain Alert to South India
The Northeast monsoon has arrived early over South India, with the India Meteorological Department (IMD) declaring its onset over the South Peninsula. Heavy rainfall was recorded on Wednesday in Tamil Nadu, Puducherry, Karaikal, and parts of south Coastal Andhra Pradesh. The IMD has issued a heavy rain alert for these regions, indicating significant rainfall activity in the coming days.
Source BusinessLine
Practice MCQs
Q1 Which meteorological event has arrived early over South India as declared by the IMD?
- ANortheast monsoonCorrect
- BSouthwest monsoon
- CWestern disturbances
- DCyclonic storm
Explanation The IMD declared the early arrival of the Northeast monsoon over the South Peninsula.
Q2 Which of the following regions experienced heavy rainfall on Wednesday due to the early Northeast monsoon?
- ATamil NaduCorrect
- BRajasthan
- CPunjab
- DMaharashtra
Explanation Heavy rainfall occurred over Tamil Nadu, Puducherry, Karaikal, and south Coastal Andhra Pradesh.
Q3 Which organization declared the onset of the Northeast monsoon over the South Peninsula?
- AIndia Meteorological DepartmentCorrect
- BCentral Water Commission
- CIndian Space Research Organisation
- DNational Disaster Management Authority
Explanation The India Meteorological Department (IMD) declared the arrival of the Northeast monsoon.
Sports
West Indies defeat India by 24 runs, series tied 2-2 in 4th T20I
In the fourth T20I match held on October 14, 2026, West Indies defeated India by 24 runs, leveling the series at 2-2. The West Indies captain scored his second century of the series, leading the team to a total of 247 runs. Keemo Paul played a crucial role with the ball, taking five wickets to disrupt India's chase. Despite a strong start by Indian batsman Samson, the hosts could not surpass the target set by the visitors.
Source The Hindu
Practice MCQs
Q1 Who took five wickets to help West Indies defeat India in the 4th T20I in 2026?
- AKeemo PaulCorrect
- BSamson
- CWest Indies captain
- DIndia captain
Explanation Keemo Paul took five wickets, playing a key role in West Indies' victory.
Q2 What was the result of the India-West Indies T20I series after the 4th match in 2026?
- AWest Indies won 3-1
- BIndia won 3-1
- CSeries tied 2-2Correct
- DWest Indies won 4-0
Explanation The series was tied 2-2 after West Indies won the 4th T20I.
Q3 What notable batting achievement did the West Indies captain accomplish in the 4th T20I?
- ASecond century of the seriesCorrect
- BFirst fifty of the series
- CHighest score in T20I history
- DNo notable achievement
Explanation The West Indies captain scored his second century of the series in the 4th T20I.
Economy
Net Direct Tax Collection Grows 13.2% to ₹13.38 Lakh Crore Till October 14
Net direct tax collections in India have increased by 13.2% to ₹13.38 lakh crore till October 14, 2026. This growth is driven primarily by strong corporate tax revenues and a significant surge in Securities Transaction Tax (STT) collections, which rose by 52% to ₹46,840 crore compared to ₹31,000 crore in the previous fiscal year. The healthy tax collections reflect improving growth prospects for the Indian economy amid market volatility.
Source The Hindu
Practice MCQs
Q1 By what percentage did net direct tax collections grow till October 14, 2026?
- A13.2%Correct
- B52%
- C31%
- D46,840 crore
Explanation Net direct tax collections grew by 13.2% to ₹13.38 lakh crore till October 14, 2026.
Q2 What was the value of Securities Transaction Tax (STT) collections in FY27 so far?
- A₹46,840 croreCorrect
- B₹31,000 crore
- C₹13.38 lakh crore
- D₹13.21 lakh crore
Explanation STT collections surged to ₹46,840 crore in FY27 so far, up from ₹31,000 crore previously.
Q3 Which factor primarily contributed to the growth in net direct tax collections in FY27?
- AStrong corporate tax growthCorrect
- BIncrease in indirect taxes
- CHigher customs duties
- DDecline in market volatility
Explanation The growth was driven by strong corporate tax growth and higher STT collections.
Supreme Court Upholds Bombay HC Order Quashing Yes Bank's AT-1 Bond Write-Off
The Supreme Court has upheld the Bombay High Court's order that quashed Yes Bank's ₹8,415 crore Additional Tier-1 (AT-1) bond write-off. The legal dispute focused on whether Yes Bank's administrator had the authority to cancel these bonds as part of the bank's reconstruction plan, which had resulted in losses for investors. Following the Supreme Court ruling, Yes Bank's shares fell by 13%.
Source Livemint
Practice MCQs
Q1 What was the Supreme Court's decision regarding Yes Bank's AT-1 bond write-off?
- AIt upheld the Bombay High Court's order quashing the write-offCorrect
- BIt allowed the write-off to proceed
- CIt deferred the decision to a lower court
- DIt ordered a fresh valuation of the bonds
Explanation The Supreme Court upheld the Bombay High Court's order quashing the ₹8,415 crore AT-1 bond write-off by Yes Bank.
Q2 What was the financial impact on Yes Bank's shares after the Supreme Court ruling?
- AShares rose by 13%
- BShares fell by 13%Correct
- CShares remained unchanged
- DShares fell by 5%
Explanation Yes Bank's shares fell by 13% following the Supreme Court's ruling against the AT-1 bond write-off.
Q3 What was the main legal issue in the dispute over Yes Bank's AT-1 bonds?
- AWhether the bank's administrator had authority to cancel the bondsCorrect
- BWhether the bonds were issued legally
- CWhether the investors were eligible for compensation
- DWhether the bonds were government guaranteed
Explanation The dispute centered on whether Yes Bank's administrator had the legal authority to cancel the AT-1 bonds as part of the reconstruction plan.
IMF Projects India to Overtake Japan as 4th Largest Economy in 2027
The International Monetary Fund (IMF) has endorsed India's updated GDP calculation methodology, describing it as a welcome development that aligns with its statistical advice. Based on revised data, the IMF projects India will surpass Japan to become the world's fourth-largest economy in 2027, with a nominal GDP of $4.52 trillion. India's growth forecast for 2026 has been raised to 7%, while Japan's growth is expected to be only 0.7%.
Source Livemint
Practice MCQs
Q1 According to the IMF, when is India projected to overtake Japan as the world's fourth-largest economy?
- A2025
- B2026
- C2027Correct
- D2028
Explanation The IMF projects India will become the fourth-largest economy in 2027.
Q2 What is the nominal GDP of India projected to be in 2027 as per the IMF?
- A$3.5 trillion
- B$4.52 trillionCorrect
- C$5 trillion
- D$6 trillion
Explanation The IMF projects India's nominal GDP to reach $4.52 trillion in 2027.
India's Merchandise Exports Rise to $44.4 Billion in September 2026
In September 2026, India's merchandise exports increased to $44.4 billion from $43.81 billion in August. Imports also rose by 8% to $74.61 billion compared to $70.67 billion in the previous month. As a result, the merchandise trade deficit widened to $30.21 billion in September.
Source Livemint
Practice MCQs
Q1 What was the value of India's merchandise exports in September 2026?
- A$44.4 billionCorrect
- B$43.81 billion
- C$74.61 billion
- D$30.21 billion
Explanation India's merchandise exports rose to $44.4 billion in September 2026.
Q2 By what percentage did India's imports increase in September 2026 compared to August 2026?
- A8%Correct
- B23%
- C5%
- D10%
Explanation India's imports rose by 8% to $74.61 billion in September 2026.
Q3 What was India's merchandise trade deficit in September 2026?
- A$30.21 billionCorrect
- B$44.4 billion
- C$70.67 billion
- D$74.61 billion
Explanation The merchandise trade deficit widened to $30.21 billion in September 2026.
Hyundai to invest ₹4,000 crore to double Pune plant capacity by 2030
Hyundai Motor India plans to invest an additional ₹4,000 crore in its Pune plant by 2030. This investment aims to increase the plant's annual vehicle production capacity from 1.7 lakh units to 3.2 lakh units, effectively doubling its output over the next several years.
Source Livemint
Practice MCQs
Q1 What is the planned increase in annual vehicle production capacity at Hyundai's Pune plant by 2030?
- AFrom 1.7 lakh to 3.2 lakh vehiclesCorrect
- BFrom 1 lakh to 2 lakh vehicles
- CFrom 2 lakh to 4 lakh vehicles
- DFrom 1.5 lakh to 2.5 lakh vehicles
Explanation Hyundai plans to increase the Pune plant's capacity from 1.7 lakh to 3.2 lakh vehicles annually by 2030.
Q2 How much additional investment is Hyundai Motor India planning for its Pune plant by 2030?
- A₹4,000 croreCorrect
- B₹11,000 crore
- C₹2,000 crore
- D₹6,000 crore
Explanation Hyundai Motor India will invest an additional ₹4,000 crore in the Pune plant by 2030.
Cabinet Approves ₹52,878 Crore Sale of 60.72% IDBI Bank Stake to Fairfax
The Union Cabinet approved the sale of a 60.72% controlling stake in IDBI Bank to Fairfax for ₹52,878 crore. This deal marks the largest-ever foreign direct investment in India's financial sector. Post-sale, the government's stake in IDBI Bank will reduce to 15%, while Life Insurance Corporation's (LIC) stake will decrease to 19%. The successful bidder must present credentials to the Reserve Bank of India as per the Fit and Proper Assessment conducted during the Expression of Interest stage. The restructuring process of IDBI Bank has spanned nine years from its financial crisis to this major stake sale.
Source Livemint
Practice MCQs
Q1 What percentage stake in IDBI Bank did Fairfax acquire as approved by the Union Cabinet?
- A60.72%Correct
- B52.88%
- C15%
- D19%
Explanation The Union Cabinet approved Fairfax's acquisition of a 60.72% controlling stake in IDBI Bank.
Q2 What is the approximate value of the stake sale of IDBI Bank to Fairfax?
- A₹52,878 croreCorrect
- B₹60,000 crore
- C₹15,000 crore
- D₹19,000 crore
Explanation The stake sale to Fairfax was approved for ₹52,878 crore.
Q3 After the sale to Fairfax, what will be the government's stake in IDBI Bank?
- A15%Correct
- B60.72%
- C19%
- D52.88%
Explanation Post-sale, the government's stake in IDBI Bank will reduce to 15%.
India to Implement BS-VII Emission Norms with Durability Rules from April 2029
The Indian government has proposed the implementation of Bharat Stage VII (BS-VII) emission norms for new cars and SUVs starting April 2029. These norms will tighten limits on vehicle pollutants beyond the current BS-VI standards introduced nationwide in April 2020. The draft also includes new regulations on battery durability, brake, and tyre durability, along with a vehicle passport system for passenger cars. The introduction of these standards will be phased in over three stages beginning in 2029, aiming to further reduce automotive emissions and align with international regulatory practices.
Source The Hindu
Practice MCQs
Q1 When are the Bharat Stage VII (BS-VII) emission norms proposed to be implemented for new cars and SUVs in India?
- AApril 2029Correct
- BApril 2026
- CApril 2025
- DApril 2030
Explanation The BS-VII emission norms are proposed to be introduced starting from April 2029.
Q2 Which of the following is included in the BS-VII draft norms besides emission limits?
- ABattery durability normsCorrect
- BFuel price regulation
- CRoad tax reforms
- DVehicle insurance mandates
Explanation The BS-VII draft proposes battery durability norms along with brake and tyre durability rules.
Q3 What system is proposed to be introduced for passenger cars under the BS-VII norms?
- AVehicle passportCorrect
- BEmission tax
- CFuel subsidy
- DDriver license renewal
Explanation The draft proposes a vehicle passport system for passenger cars as part of the BS-VII norms.
India to Launch National Electricity Data Sharing Framework in October
India is set to launch the National Electricity Data Sharing Framework in October to provide utilities and startups with consistent access to power sector information. The initiative aims to strengthen governance and cybersecurity in the power sector. Additionally, a data governance committee will be established at the national level, headed by the Chairperson of the Central Electricity Authority, to oversee the framework's implementation.
Source The Hindu
Practice MCQs
Q1 What is the primary objective of India's National Electricity Data Sharing Framework to be launched in October?
- ATo provide consistent access to power sector information for utilities and startupsCorrect
- BTo privatize the electricity sector
- CTo reduce electricity tariffs nationwide
- DTo promote renewable energy generation exclusively
Explanation The framework aims to give utilities and startups consistent access to power sector information.
Q2 Who will head the data governance committee set up under the National Electricity Data Sharing Framework?
- APower Secretary Pankaj Agarwal
- BChairperson of the Central Electricity AuthorityCorrect
- CMinister of Power
- DChairperson of the Electricity Regulatory Commission
Explanation The data governance committee will be headed by the Chairperson of the Central Electricity Authority.
Q3 Which of the following is NOT a stated aim of the National Electricity Data Sharing Framework?
- AStrengthening governance in the power sector
- BEnhancing cybersecurity
- CProviding consistent data access to startups
- DIncreasing electricity generation capacityCorrect
Explanation Increasing electricity generation capacity is not mentioned as an aim of the framework.
India Signals Readiness to Rebuild Economic Ties with China with Conditions
India, represented by Piyush Goyal, has expressed readiness to rebuild economic relations with China. However, this engagement is contingent on ensuring fair terms, continuity, and geopolitical stability. While India is working towards restoring ties with China, the final outcome is yet to be determined. Additionally, India maintains very good and consequential relations with the United States.
Source Livemint
Practice MCQs
Q1 What condition did Piyush Goyal mention for India to rebuild economic ties with China?
- AEnsuring fair terms, continuity, and geopolitical stabilityCorrect
- BIncreasing trade tariffs
- CReducing diplomatic engagement
- DFocusing only on bilateral defense cooperation
Explanation Piyush Goyal stated that engagement with China must ensure fair terms, continuity, and geopolitical stability.
Q2 According to the sources, what is the status of India’s ties with the United States?
- AVery good and consequentialCorrect
- BDeteriorating rapidly
- CNon-existent
- DUnder review for possible sanctions
Explanation The minister said India’s ties with the US are very good and the two continue to have a consequential relationship.
GMR Aero Technic partners with French firm to develop cabin centre in Hyderabad
GMR Aero Technic has signed a Memorandum of Understanding (MoU) with French company UUDS Aero to establish an Integrated Cabin Excellence Centre in Hyderabad. The collaboration aims to focus on the design, modification, certification, repair, retrofit, refurbishment, manufacturing, and installation of aircraft cabin interiors, enhancing capabilities in aircraft cabin solutions.
Source BusinessLine
Practice MCQs
Q1 Which French company has GMR Aero Technic partnered with to set up the Integrated Cabin Excellence Centre in Hyderabad?
- AUUDS AeroCorrect
- BAirbus
- CDassault Aviation
- DSafran
Explanation GMR Aero Technic signed an MoU with the French firm UUDS Aero to develop the Integrated Cabin Excellence Centre in Hyderabad.
Q2 What is the primary focus of the Integrated Cabin Excellence Centre being set up by GMR Aero Technic and UUDS Aero?
- ADesign and installation of aircraft cabin interiorsCorrect
- BManufacturing of aircraft engines
- CPilot training and certification
- DAir traffic control system development
Explanation The centre will focus on design, modification, certification, repair, retrofit, refurbishment, manufacturing, and installation of aircraft cabin interiors.
Q3 In which city is the Integrated Cabin Excellence Centre by GMR Aero Technic and UUDS Aero being established?
- AHyderabadCorrect
- BBengaluru
- CMumbai
- DChennai
Explanation The Integrated Cabin Excellence Centre is being set up in Hyderabad.
Sebi Proposes ₹1,000 Crore Market-Cap Threshold for SME IPOs and Eases Exit Rules
The Securities and Exchange Board of India (Sebi) has proposed a ₹1,000 crore market capitalization threshold for Small and Medium Enterprise (SME) Initial Public Offerings (IPOs). Additionally, Sebi plans to raise the minimum average operating profit requirement for SMEs to ₹3 crore annually over the preceding three financial years, up from the current requirement of ₹1 crore in at least two of the previous three years. These changes aim to streamline SME IPO norms and ease exit rules for investors.
Source Livemint
Practice MCQs
Q1 What is the new market capitalization threshold proposed by Sebi for SME IPOs?
- A₹500 crore
- B₹1,000 croreCorrect
- C₹2,000 crore
- D₹3,000 crore
Explanation Sebi has proposed raising the market capitalization threshold for SME IPOs to ₹1,000 crore.
Q2 What is the revised minimum average operating profit requirement proposed by Sebi for SMEs over the preceding three financial years?
- A₹1 crore annually
- B₹2 crore annually
- C₹3 crore annuallyCorrect
- D₹5 crore annually
Explanation Sebi proposed increasing the minimum average operating profit requirement to ₹3 crore annually over the preceding three financial years.
Q3 According to the new proposal, over how many financial years must the ₹3 crore average operating profit be maintained?
- AOne year
- BTwo years
- CThree yearsCorrect
- DFour years
Explanation The proposal requires an average operating profit of ₹3 crore annually over the preceding three financial years.
India Tightens Tax Rules for Investments Through Mauritius
India has introduced a new anti-avoidance test that empowers tax authorities to deny treaty benefits if the primary purpose of an investment structure is to secure tax advantages. This move targets investments routed through Mauritius, aiming to curb tax avoidance and ensure fair taxation.
Source Livemint
Practice MCQs
Q1 What is the main purpose of the new anti-avoidance test introduced by India regarding investments through Mauritius?
- ATo promote foreign investments from Mauritius
- BTo give tax authorities power to deny treaty benefits if tax advantage is the main purposeCorrect
- CTo increase treaty benefits for Mauritius-based investors
- DTo simplify tax procedures for Mauritius investments
Explanation The new anti-avoidance test allows tax authorities to deny treaty benefits if securing tax advantages was the main purpose of the investment structure.
Q2 Which country is specifically mentioned in India's tightened tax rules for investments?
- ASingapore
- BMauritiusCorrect
- CUnited States
- DUnited Kingdom
Explanation India's new tax rules specifically target investments routed through Mauritius.
CCEA Approves Strategic Restructuring of IDBI Bank with Govt and LIC Stake Sale
The Cabinet Committee on Economic Affairs (CCEA) has approved the strategic restructuring of IDBI Bank. As part of this, the government will offload 30.48% of its stake in the bank, expected to fetch over ₹26,500 crore. Similarly, the Life Insurance Corporation (LIC) will sell 30.24% of its stake, likely to generate over ₹26,300 crore. This combined stake sale will amount to over ₹52,000 crore.
Source BusinessLine
Practice MCQs
Q1 What percentage of its stake is the government offloading in IDBI Bank as per the CCEA approval?
- A30.48%Correct
- B30.24%
- C52%
- D26.5%
Explanation The government is offloading 30.48% of its stake in IDBI Bank.
Q2 How much is LIC expected to get from selling its stake in IDBI Bank?
- AOver ₹26,300 croreCorrect
- BOver ₹26,500 crore
- COver ₹52,000 crore
- DOver ₹30,000 crore
Explanation LIC is likely to get over ₹26,300 crore from selling 30.24% of its stake.
Q3 What is the total expected amount from the combined stake sale of government and LIC in IDBI Bank?
- AOver ₹52,000 croreCorrect
- BOver ₹26,500 crore
- COver ₹30,000 crore
- DOver ₹60,000 crore
Explanation The combined stake sale by government and LIC is expected to fetch over ₹52,000 crore.
Banking
Q2 Net Profits Rise for South Indian Bank, Indian Bank, and Canara Bank in 2026
In Q2 of 2026, South Indian Bank reported a 21% rise in net profit to ₹426 crore with its highest-ever Net Interest Income (NII) of ₹1,116 crore, up 38% year-on-year. Indian Bank's net profit increased by 15% to ₹3,462 crore, with gross NPAs reducing to 1.61% from 2.6% a year ago. Canara Bank's net profit rose to ₹5,175 crore, and its global business crossed ₹30.72 lakh crore. The bank's Gross Non-Performing Asset (GNPA) ratio dropped sharply to 1.33%, and the Net NPA ratio fell to 0.30%.
Source The Hindu
Practice MCQs
Q1 Which bank reported the highest Q2 net profit in 2026 among the three?
- ASouth Indian Bank
- BIndian Bank
- CCanara BankCorrect
- DState Bank of India
Explanation Canara Bank reported the highest Q2 net profit of ₹5,175 crore among the three banks.
Q2 What was the Gross Non-Performing Asset (GNPA) ratio of Canara Bank at the end of Q2 2026?
- A1.33%Correct
- B1.61%
- C2.6%
- D0.30%
Explanation Canara Bank's GNPA ratio contracted sharply to 1.33% at the end of Q2 2026.
Q3 By what percentage did South Indian Bank's Net Interest Income (NII) increase year-on-year in Q2 2026?
- A21%
- B15%
- C38%Correct
- D30%
Explanation South Indian Bank's NII rose by 38% year-on-year in Q2 2026.
LIC launches three new individual non-linked plans from October 19
Life Insurance Corporation of India (LIC) has introduced three new insurance plans available for purchase starting October 19. These plans include a deferred annuity plan aimed at providing post-retirement income and two health insurance plans that offer fixed financial benefits under specified conditions. All three plans are individual, non-linked, and non-participating, catering to retirement income and health coverage needs.
Source BusinessLine
Practice MCQs
Q1 When will LIC's three new insurance plans be available for purchase?
- AOctober 13
- BOctober 19Correct
- CNovember 1
- DDecember 31
Explanation The plans will be available for purchase from October 19 as stated in the sources.
Q2 Which of the following is included in LIC's newly launched plans?
- ADeferred annuity for post-retirement incomeCorrect
- BUnit-linked savings plan
- CGroup health insurance
- DChild education plan
Explanation One of the new plans is a deferred annuity plan for post-retirement income.
Q3 What type of plans are the three new LIC offerings?
- ANon-linked, non-participating individual plansCorrect
- BLinked, participating group plans
- CUnit-linked individual plans
- DParticipating group plans
Explanation All three plans are non-linked, non-participating individual plans.
Government Schemes
Centre removes Indira Gandhi's name from three pension schemes, allocates ₹53,428 crore till 2030-31
The Union Cabinet has approved a budget allocation of ₹53,428 crore for a social assistance programme extending till 2030-31. As part of this decision, the government has removed 'Indira Gandhi' from the names of three pension schemes. The revised disability pension norms were also cleared. Critics have raised concerns about the fixed five-year allocation, arguing that it does not adequately address the increasing number of beneficiaries and inflation.
Source The Hindu
Practice MCQs
Q1 What major change did the Union Cabinet make regarding pension schemes in October 2026?
- ARemoved 'Indira Gandhi' from the names of three pension schemesCorrect
- BIncreased pension amounts by 50%
- CMerged three pension schemes into one
- DIntroduced a new pension scheme for senior citizens
Explanation The Cabinet removed 'Indira Gandhi' from the names of three pension schemes as part of its recent decisions.
Q2 What is the total budget allocation approved by the Cabinet for the social assistance programme till 2030-31?
- A₹53,428 croreCorrect
- B₹10,000 crore
- C₹75,000 crore
- D₹25,000 crore
Explanation The Cabinet cleared ₹53,428 crore for the social assistance programme extending till 2030-31.
Q3 What criticism was raised regarding the fixed five-year allocation for social pensions?
- AIt fails to account for rising beneficiary numbers and inflationCorrect
- BIt is too generous and unsustainable
- CIt excludes disability pensioners
- DIt only benefits urban populations
Explanation Critics said the fixed five-year allocation does not consider the increasing number of beneficiaries and inflation.
Cabinet Renames and Expands Disability Pension Coverage to 27 Lakh
The Indian Cabinet has expanded the coverage of disability pensions to 27 lakh beneficiaries and increased the monthly assistance amount. It has also renamed the old-age, widow, and disability pension schemes originally introduced by Indira Gandhi under new Pradhan Mantri schemes. Additionally, the National Family Benefit Scheme has been renamed as part of this policy update.
Source BusinessLine
Practice MCQs
Q1 What recent change did the Indian Cabinet make regarding disability pensions?
- AExpanded coverage to 27 lakh beneficiaries and increased monthly assistanceCorrect
- BReduced coverage to 15 lakh beneficiaries
- CMaintained the existing coverage without changes
- DDiscontinued the disability pension scheme
Explanation The Cabinet expanded the disability pension coverage to 27 lakh beneficiaries and raised the monthly assistance.
Q2 Under what name are the old-age, widow, and disability pension schemes now known?
- AIndira Gandhi Pension Schemes
- BPradhan Mantri SchemesCorrect
- CNational Family Benefit Scheme
- DState Welfare Schemes
Explanation The schemes have been renamed under new Pradhan Mantri schemes.
Q3 Which scheme was renamed alongside the pension schemes by the Cabinet?
- ANational Family Benefit SchemeCorrect
- BMahatma Gandhi National Rural Employment Guarantee Act
- CPublic Distribution System
- DAtal Pension Yojana
Explanation The National Family Benefit Scheme was renamed along with the pension schemes.
Centre Introduces New Audit Framework for Multi-State Cooperative Societies
The Ministry of Cooperation has introduced a new audit reporting framework aimed at early identification of financial stress in multi-state cooperative societies. This initiative is part of the government's efforts to strengthen the financial health and transparency of cooperative societies across India.
Source Livemint
Practice MCQs
Q1 What is the purpose of the new audit reporting framework introduced by the Ministry of Cooperation?
- ATo identify financial stress in cooperative societies earlyCorrect
- BTo increase membership in cooperative societies
- CTo promote exports from cooperative societies
- DTo merge small cooperative societies
Explanation The new audit framework is designed to identify financial stress in cooperative societies early, as stated by the Ministry of Cooperation.
Q2 Which ministry introduced the new audit reporting framework for multi-state cooperative societies?
- AMinistry of Finance
- BMinistry of CooperationCorrect
- CMinistry of Commerce
- DMinistry of Agriculture
Explanation The Ministry of Cooperation issued the new audit reporting framework for multi-state cooperative societies.
National
Air India Frankfurt-Delhi Flight Diverted to Jaipur After Bomb Threat and Hijack Alert
On October 14, 2026, Air India flight AI2030 from Frankfurt to Delhi, operated by a Boeing 787-9, was diverted to Jaipur International Airport following a bomb threat. During the flight, the pilot pressed the squawk code 7500, which signals unlawful interference such as hijacking, while in the Mumbai Flight Information Region. The aircraft made an emergency landing at Jaipur and was taken to an isolation bay for security checks. Airline sources later disputed that the hijack code was deliberately entered by the pilots. The incident followed international aviation protocols for such alerts.
Source The Hindu
Practice MCQs
Q1 What does the squawk code 7500 indicate in aviation?
- AUnlawful interference including hijackCorrect
- BMedical emergency on board
- CTechnical malfunction
- DRequest for priority landing
Explanation Squawk code 7500 is used internationally to indicate unlawful interference such as hijacking.
Q2 Where was Air India flight AI2030 diverted following the bomb threat?
- AMumbai International Airport
- BJaipur International AirportCorrect
- CDelhi International Airport
- DFrankfurt Airport
Explanation The flight was diverted to Jaipur International Airport for an emergency landing and security checks.
Q3 Which aircraft model was operating Air India flight AI2030?
- AAirbus A320
- BBoeing 787-9Correct
- CBoeing 777
- DAirbus A350
Explanation Flight AI2030 was operated with a Boeing 787-9 aircraft.
Delhi University Approves ₹5,889 Crore Hostel Plan to Address Accommodation Crisis
Delhi University has approved a ₹5,889-crore plan to construct hostels accommodating 21,895 students. This initiative comes in the wake of the Satya Niketan tragedy and aims to address the acute shortage of student housing. With a student population exceeding 2.5 lakh and limited existing hostel beds, the success of this plan depends on timely funding approvals and construction to effectively ease the accommodation crisis.
Source Livemint
Practice MCQs
Q1 What is the approved budget for Delhi University's new hostel plan?
- A₹5,889 croreCorrect
- B₹2,500 crore
- C₹1,000 crore
- D₹10,000 crore
Explanation Delhi University has approved a ₹5,889-crore hostel plan as per the source.
Q2 How many students will the new Delhi University hostels accommodate?
- A21,895Correct
- B2,50,000
- C10,000
- D50,000
Explanation The plan aims to add accommodation for 21,895 students.
Q3 What major event prompted Delhi University to approve the new hostel plan?
- ASatya Niketan tragedyCorrect
- BDelhi floods
- CCOVID-19 pandemic
- DCampus expansion
Explanation The approval came after the Satya Niketan tragedy.
International
India Issues Fresh Advisory for Nationals in Saudi Arabia Amid Houthi Aerial Attacks
India has issued a fresh advisory for its nationals in Saudi Arabia amid ongoing Houthi aerial attacks. The advisory urges Indian citizens to stay indoors during aerial attacks, follow instructions from local authorities, and avoid circulating videos or news related to the attacks. The Indian embassy has also provided updates on injured Indians, flight disruptions, visa overstays, and has set up a 24-hour helpline for assistance.
Source Livemint
Practice MCQs
Q1 What is the primary advice given by India to its nationals in Saudi Arabia amid Houthi aerial attacks?
- AStay indoors during aerial attacksCorrect
- BEvacuate immediately to India
- CAvoid using mobile phones
- DJoin local protests
Explanation India's advisory specifically urges nationals to stay indoors during aerial attacks.
Q2 Which of the following services did the Indian embassy in Saudi Arabia update for its nationals amid the attacks?
- AFlight disruptions and visa overstaysCorrect
- BNew visa issuance
- CTrade agreements
- DTourist attractions
Explanation The embassy updated citizens on flight disruptions, visa overstays, injured Indians, and provided a 24-hour helpline.
Q3 What did India advise its nationals to avoid doing during the aerial attacks in Saudi Arabia?
- ACirculating videos or news related to the attacksCorrect
- BContacting the embassy
- CStaying indoors
- DFollowing local authorities' instructions
Explanation India advised nationals to avoid circulating videos or news related to the attacks.
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