Daily Current Affairs 24 October 2026
Daily current affairs for 24 October 2026 — 18 verified news items across Economy, Sports, Awards & more, with exam-angle notes, keywords and practice MCQs.
Part of October 2026 current affairs: the month's top stories by topic
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In this digest · 18 items
Economy
Government Plans Labour Survey Changes to Capture Gig and Unpaid Work
The government plans to modify the Periodic Labour Force Survey (PLFS) to better capture gig work and unpaid household work. The revised survey is also expected to include additional questions to measure labour underutilisation. The proposed changes come amid debate over whether official jobs data reflects underemployment and job quality in the world’s most populous country. One report stated that headline unemployment stands at 5%. The reports describe the changes as planned; they do not specify when the revised questions will be introduced.
Source BusinessLine
Practice MCQs
Q1 Which survey is planned to be modified to better capture gig and unpaid household work?
- APeriodic Labour Force SurveyCorrect
- BCensus
- CConsumer Price Index survey
- DEconomic Census
Explanation The reports identify the Periodic Labour Force Survey as the survey slated for modification.
Q2 What will additional questions in the revised survey help measure?
- ALabour underutilisationCorrect
- BHousehold income tax
- CAgricultural output
- DPopulation growth
Explanation The Hindu report says the PLFS will include additional questions to measure labour underutilisation.
Draft GST Return Forms to Open for Public Comments on November 1
Draft GST return forms are to be put up for public comments on November 1. The GST Council’s recommendations include measures to streamline the return-filing process and minimise mismatches in liability and input tax credit (ITC) in returns. The related GST process reforms are to be implemented in phases. The available reports do not specify the details of the reforms or the duration of the public-comment period.
Source BusinessLine
Practice MCQs
Q1 When are the draft GST return forms to be put up for public comments?
- ANovember 1Correct
- BOctober 22
- CIn phases
- DNo date is specified
Explanation The report states that the draft GST return forms are to be put up for public comments on November 1.
Q2 What do the GST Council’s recommended measures seek to minimise in returns?
- AMismatches in liability and input tax creditCorrect
- BThe number of public comments
- CThe phases of implementation
- DThe number of draft forms
Explanation The source says the measures aim to minimise mismatches in liability and input tax credit (ITC) in returns.
Government Extends Duty-Free Raw Sugar Import Window Until December 31
The Government has extended the deadline for duty-free raw sugar imports until December 31. According to an official notification, the extension gives importers additional time to bring raw sugar into the country under the duty-free import allowance. The Government said the measure is aimed at securing supplies whenever international prices ease enough to make imports viable. The sources do not specify the quantity covered by the allowance or the volume of imports expected.
Source BusinessLine
Practice MCQs
Q1 Until when was the duty-free raw sugar import deadline extended?
- ADecember 31Correct
- BOctober 31
- CNovember 30
- DJanuary 31
Explanation The sources state that the import window was extended until December 31.
Q2 What purpose did the Government give for extending the duty-free raw sugar import window?
- ATo secure supplies when international prices make imports viableCorrect
- BTo set a fixed domestic retail price for sugar
- CTo announce a new sugar export target
- DTo replace the duty-free import allowance with a quota
Explanation The Government said the extension was aimed at securing supplies whenever international prices ease enough to make imports viable.
Sports
Yashaswini Ghorpade and Harmeet Desai Win Historic Asian TT Medal
Yashaswini Ghorpade and Harmeet Desai won a historic mixed doubles medal for India at the Asian Table Tennis Championships, ending a 72-year wait for an Indian medal in the event. After taking the opening game 11-6, the pair lost the next two games and came under pressure. They responded by winning the fourth game 11-9, then held their nerve to clinch the deciding game by the same score.
Source The Hindu
Practice MCQs
Q1 What was the score in the opening game won by the Indian pair?
- A11-6Correct
- B11-9
- CThe next two games
- DThe deciding game
Explanation The pair took the opening game 11-6.
Q2 How long had India gone without a mixed doubles medal at the Asian Table Tennis Championships?
- A11-6
- B11-9
- C72 yearsCorrect
- DThe fourth game
Explanation The report describes the medal as India’s first in the event in 72 years.
Asian Para Games: Mona Agarwal and Thulasimathi Murugesan Win Gold
At the Asian Para Games, Mona Agarwal won gold in the 50m 3P event with a rented rifle. She had earlier won gold in the women’s 10m air rifle standing SH1 event with a Games-record score of 250.0; Lekhara won silver with 249.6 points. In badminton, Thulasimathi Murugesan combined with Manasi Joshi to win the women’s doubles SL3-SU5 gold. The Hindu reported that Thulasimathi had also won two silver medals earlier that day, giving her three medals for the day.
Source The Hindu
Practice MCQs
Q1 Who partnered Thulasimathi Murugesan in the women’s doubles SL3-SU5 gold-winning badminton event?
- ALekhara
- BMona Agarwal
- CManasi JoshiCorrect
- DThulasimathi Murugesan
Explanation The Hindu reports that Thulasimathi Murugesan combined with Manasi Joshi to win the women’s doubles SL3-SU5 gold.
India Crosses 100 Medals at Asian Para Games for Second Consecutive Time
India crossed the 100-medal mark at the 2026 Asian Para Games, doing so for the second consecutive edition, according to the source headlines. India also ended the 2026 Games with a record medal tally, though the supplied sources do not state the final total. The Hindu reports that India finished fifth at the 2023 Asian Para Games with 111 medals: 29 gold, 31 silver and 51 bronze. These details provide the previous-edition result for comparison without specifying the 2026 medal breakdown.
Source The Hindu
Practice MCQs
Q1 What was India’s rank at the 2023 Asian Para Games?
- AThird
- BFourth
- CFifthCorrect
- DSixth
Explanation The source states that India finished fifth in the 2023 Asian Para Games.
Q2 How many medals did India win at the 2023 Asian Para Games?
- A101
- B111Correct
- C121
- D131
Explanation The source gives India’s 2023 medal tally as 111.
Mumbai Indians appoint Kieron Pollard as head coach
Mumbai Indians have appointed Kieron Pollard as the team’s head coach. Pollard replaces Mahela Jayawardene, whose two-season second stint with the team ended after a disappointing IPL 2026 campaign. The appointment concerns the coaching position at the Mumbai Indians; the available source text does not provide further details about Pollard’s tenure or the circumstances of the appointment.
Source The Hindu
Practice MCQs
Q1 Who was appointed head coach of the Mumbai Indians?
- AKieron PollardCorrect
- BMahela Jayawardene
- CRohit Sharma
- DHardik Pandya
Explanation The source headline reports that Kieron Pollard was appointed head coach.
Q2 Whom did Kieron Pollard replace as Mumbai Indians head coach?
- ARohit Sharma
- BHardik Pandya
- CMahela JayawardeneCorrect
- DKieron Pollard
Explanation The source states that Pollard replaces Mahela Jayawardene.
India Wins Para Recurve Men’s Doubles Archery Gold at Asian Para Games
India won the para recurve men’s doubles archery title at the Asian Para Games 2026, defeating China. The Indian duo shared the opening set with China after both sides scored 35. India then won the second set 37-36 and the third set 38-36, sealing the title with a 5-1 victory on set points. The match result followed India’s recovery after the evenly scored opening set.
Source The Hindu
Practice MCQs
Q1 Which country did India defeat in the para recurve men’s doubles archery final?
- AJapan
- BChinaCorrect
- CSouth Korea
- DThailand
Explanation India defeated China to win the title.
Q2 What was the match result on set points?
- A5-1Correct
- B4-2
- C6-0
- D3-3
Explanation India sealed the match with a 5-1 victory on set points.
Awards
Ashoke Sen Becomes First Indian Physicist to Receive Oskar Klein Medal
Ashoke Sen has become the first Indian physicist to receive the Oskar Klein Medal, according to The Hindu. The Indian Express describes the medal as one of the top prizes in physics. Sen is internationally recognised for pioneering work on S-duality, the precise counting of black hole entropy and string field theory. These contributions have helped shape modern string theory.
Source The Hindu
Practice MCQs
Q1 Who became the first Indian physicist to receive the Oskar Klein Medal?
- AAshoke SenCorrect
- BOskar Klein
- CA recipient of the Nobel Prize
- DA string theorist not named in the source
Explanation The Hindu reports that Ashoke Sen became the first Indian physicist to receive the medal.
Q2 Which area of work is specifically cited among Ashoke Sen’s contributions?
- AS-dualityCorrect
- BQuantum computing
- CNuclear fission
- DClimate modelling
Explanation The source identifies Sen’s pioneering work on S-duality, alongside black hole entropy and string field theory.
Appointments
BCCI Appoints Parvinder Awana to Head Junior Selection Committee
On October 23, 2026, the BCCI appointed Parvinder Awana as chairperson of its Junior Selection Committee, according to reports carried by Indian Express and The Hindu. The Hindu report also said that, after retirement, Awana moved into coaching. His coaching work has included Delhi’s Under-16, Under-19 and Under-23 teams, India Under-19, and various BCCI/COE high-performance programmes. Both reports identify the committee as the BCCI junior selection committee.
Source The Hindu
Practice MCQs
Q1 Which position was Parvinder Awana appointed to by the BCCI?
- AChairperson of the Junior Selection CommitteeCorrect
- BCoach of Delhi’s Under-16 team
- CCoach of India Under-19
- DMember of a BCCI/COE high-performance programme
Explanation The reports state that Awana was appointed chairperson of the BCCI Junior Selection Committee.
Q2 Which team was among those Awana worked with after moving into coaching?
- ADelhi Under-16Correct
- BDelhi senior team
- CIndia senior team
- DBCCI senior selection committee
Explanation The Hindu report lists Delhi’s Under-16, Under-19 and Under-23 teams among Awana’s coaching work.
Bajaj General Insurance Names Deepak Reddy CEO-Designate
Bajaj General Insurance has named Deepak Reddy as its CEO-designate. Livemint reported that Reddy, a former CEO of Manappuram Finance, would be CEO-designate from January 1, 2027, subject to regulatory approval. BusinessLine reported that he would take over as Managing Director and Chief Executive Officer from April 1, 2027, with Tapan Singhel continuing until March 31. The reports give different dates for the designation and the leadership transition; the April date is specifically reported for taking over as MD and CEO.
Source Livemint
Practice MCQs
Q1 Who was named CEO-designate of Bajaj General Insurance?
- ADeepak ReddyCorrect
- BTapan Singhel
- CA former Manappuram Finance executive not named in the reports
- DBajaj General Insurance
Explanation Both reports identify Deepak Reddy as Bajaj General Insurance’s CEO-designate.
Q2 According to BusinessLine, when would Deepak Reddy take over as Managing Director and Chief Executive Officer?
- AJanuary 1, 2027
- BMarch 31, 2027
- CApril 1, 2027Correct
- DOctober 23, 2026
Explanation BusinessLine reported that Reddy would take over as MD and CEO from April 1, 2027.
Science & Tech
Shamonda Virus Detected in a Human for the First Time in France
Shamonda virus, described as a pathogen that mainly affects livestock, has been detected in a human for the first time, according to the reports. The Indian Express headline identifies France as the location of the first human case. The finding has prompted investigations into the virus’s potential public health implications. The available source text does not provide further details about the case, symptoms, transmission, or any vaccine.
Source The Hindu
Practice MCQs
Q1 Which group is mainly affected by Shamonda virus, according to the source?
- ALivestockCorrect
- BMarine fish
- CWild birds
- DCrops
Explanation The source describes Shamonda virus as a pathogen that mainly affects livestock.
Q2 Which country is identified in the report headline as the location of the first human case of Shamonda virus?
- AFranceCorrect
- BJapan
- CBrazil
- DKenya
Explanation The Indian Express headline identifies France as the location of the first human case.
Banking
RBI Finalises Directions to Implement Basel Leverage Ratio Framework
The Reserve Bank of India issued draft amendment directions on August 7, 2026, proposing to implement the Basel Committee on Banking Supervision’s latest leverage ratio framework, known as the “Leverage Ratio 2017 Standard.” The draft invited feedback from stakeholders until August 28, 2026. After examining the feedback, the RBI incorporated suitable modifications into the final Amendment Directions. The directions concern prudential norms on capital adequacy for commercial banks. The source does not specify the detailed changes made in the final directions.
Source Reserve Bank of India
Practice MCQs
Q1 Which framework did the RBI draft amendment directions propose to implement?
- APrudential Norms on Capital Adequacy
- BLeverage Ratio 2017 StandardCorrect
- CCommercial Banks
- DStakeholder feedback
Explanation The draft proposed implementation of the Leverage Ratio 2017 Standard issued by the Basel Committee on Banking Supervision.
Q2 Until which date did the RBI invite feedback on the draft directions?
- AAugust 7, 2026
- BAugust 28, 2026Correct
- COctober 23, 2026
- D2017
Explanation The RBI invited stakeholder feedback until August 28, 2026.
RBI Issues Amendments on Capital Adequacy, Operational Risk and Derivatives
The Reserve Bank of India issued three amendment directions for banks in October 2026. On October 23, it issued the Eleventh Amendment Directions on Prudential Norms on Capital Adequacy for commercial banks, referring to the leverage ratio framework and alignment with the Basel Committee on Banking Supervision’s 2017 standard. Also on October 23, it issued the Second Amendment Directions on Forthcoming Instructions for commercial banks, referring to minimum capital requirements for operational risk. On October 19, the RBI issued Amendment Directions for Small Finance Banks concerning limits for non-option derivative contracts.
Source Reserve Bank of India
Practice MCQs
Q1 Which framework did the RBI’s October 23, 2026, commercial-bank capital adequacy amendment address?
- ALeverage ratio frameworkCorrect
- BMinimum capital requirements for operational risk
- CLimits for non-option derivative contracts
- DSmall Finance Banks’ miscellaneous directions
Explanation The Eleventh Amendment Directions on Prudential Norms on Capital Adequacy referred to the leverage ratio framework.
Q2 What subject did the RBI’s October 19, 2026, Small Finance Banks amendment concern?
- AOperational risk capital requirements
- BLeverage ratio framework
- CLimits for non-option derivative contractsCorrect
- DCommercial-bank prudential norms on capital adequacy
Explanation The Small Finance Banks amendment referred to limits for non-option derivative contracts.
RBI Circular Addresses Delegation of Certain FEMA Compounding Matters
The Reserve Bank of India issued A.P. (DIR Series) Circular No. 28/2026-27 on October 23, 2026, concerning the delegation of compounding of certain contraventions under the Foreign Exchange Management Act, 1999, to RBI Regional Offices. The circular is addressed to all Authorised Dealer Category-I banks and other Authorised Persons. It refers to an earlier circular dated October 1, 2024, and the Master Directions on Compounding of Contraventions under FEMA, 1999, dated April 22, 2025. The supplied text does not specify which contraventions are covered.
Source Reserve Bank of India
Practice MCQs
Q1 Which legislation is named in the circular's subject?
- AForeign Exchange Management Act, 1999Correct
- BA.P. (DIR Series) Circular No. 17/2024-25
- CMaster Directions dated April 22, 2025
- DRBI/FED/2026-27/298
Explanation The circular concerns compounding of certain contraventions under FEMA, 1999.
Q2 To whom is the circular addressed?
- AAll Authorised Dealer Category-I banks and other Authorised PersonsCorrect
- BAll State Governments
- CAll scheduled commercial banks
- DAll foreign exchange dealers
Explanation The circular's addressee line names all Authorised Dealer Category-I banks and other Authorised Persons.
International
Magnitude 7.0 Earthquake in Tibet Kills at Least 16, Followed by 4.5 Tremor
A magnitude 7.0 earthquake struck Tibet, killing at least 16 people, according to reports cited by the sources. The Hindu report also said 65 people were injured and more than 12,000 evacuated; over 330 houses collapsed or were damaged, with the extent of damage being assessed. Two days after the powerful quake, a magnitude 4.5 earthquake struck the region on Saturday local time, Livemint reported.
Source Livemint
Practice MCQs
Q1 What was the magnitude of the earthquake that struck Tibet two days after the powerful quake?
- A4.5Correct
- B7.0
- C16
- D65
Explanation Livemint reported that a magnitude 4.5 earthquake struck the region two days after the magnitude 7.0 quake.
Q2 According to The Hindu report, how many people were evacuated?
- AMore than 12,000Correct
- B65
- CMore than 330
- DAt least 16
Explanation The Hindu headline reported that over 12,000 people were evacuated.
National
Commerce Ministry Identifies Sectors That Could Withstand AI-Led Disruption
Commerce and Industry Minister Piyush Goyal said India is working to identify professions and sectors that can withstand AI-led disruption. The ministry’s focus would be on sectors where artificial intelligence could improve efficiency without necessarily replacing human workers. Goyal also referred to India’s large pool of skilled talent, youthful population and traditional strengths as factors to leverage. The sources do not name specific professions or sectors.
Source The Hindu
Practice MCQs
Q1 What is India working to identify, according to Piyush Goyal?
- AProfessions and sectors that can withstand AI-led disruptionCorrect
- BSpecific sectors for immediate replacement of human workers
- CA list of traditional strengths to discontinue
- DA plan to reduce the country’s skilled talent pool
Explanation Goyal said India is working to identify professions and sectors that can withstand AI-led disruption.
Q2 What approach would guide the ministry’s focus on sectors?
- AUsing AI to improve efficiency without necessarily replacing human workersCorrect
- BReplacing human workers wherever AI can be used
- CAvoiding AI in every sector
- DIdentifying sectors without considering efficiency
Explanation The source says the focus would be on sectors where AI could improve efficiency without necessarily replacing human workers.
Environment
IMD Tracks Possible Bay of Bengal Cyclone as Northeast Monsoon Begins
An IMD update reported that a parent low-pressure area over the Bay of Bengal was expected to move west-north-westwards, intensify into a deep depression by Sunday and become a cyclonic storm over the west-central Bay by Monday morning. A separate report said the northeast monsoon had begun over Tamil Nadu, Puducherry and Karaikal, Coastal Andhra Pradesh, Rayalaseema, South Interior Karnataka, and Kerala and Mahe. The reports also highlighted possible heavy rain in Tamil Nadu and Karnataka.
Source BusinessLine
Practice MCQs
Q1 What was the low-pressure area expected to become by Sunday?
- AA deep depressionCorrect
- BA cyclonic storm
- CA parent low-pressure area
- DA northeast monsoon
Explanation The report said the system was expected to intensify into a deep depression by Sunday.
Q2 Where was the system expected to become a cyclonic storm by Monday morning?
- AThe west-central BayCorrect
- BCoastal Andhra Pradesh
- CSouth Interior Karnataka
- DKerala and Mahe
Explanation The forecast placed the expected cyclonic storm over the west-central Bay by Monday morning.
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