Current Affairs quiz 2026, Daily gk updates and Current affairs is playing a major role in any competitive exam. so here we are providing the current affairs quiz on daily basis for Bank, SSC, Railway and Other Government Competitive Examinations.
Here you can find Current Affairs Quiz for IBPS PO Mains, Current Affairs Quiz for IBPS RRB PO Mains, Current Affairs Quiz for IBPS RRB Clerk Mains, Current Affairs Quiz for RBI Assistant Mains, Current Affairs Quiz for RBI Grade B, Current Affairs Quiz for SSC.
Where was the 18th BRICS Summit 2026 held?
(a) Vigyan Bhawan, New Delhi
(b) Bharat Mandapam, New Delhi
(c) Rashtrapati Bhavan, New Delhi
(d) Bharat Mandapam, Mumbai
(e) Hyderabad International Convention Centre
Answer & Explanation
Ans.b
Explanation: The 18th BRICS Summit was held at Bharat Mandapam, New Delhi, from September 12 to 13, 2026, under India’s fourth chairship.
The University of Bristol opened its first international campus in which Indian city?
(a) Bengaluru
(b) Hyderabad
(c) Mumbai
(d) Pune
(e) Chennai
Answer & Explanation
Ans.c
Explanation: The University of Bristol opened its Mumbai Enterprise Campus on September 11, 2026. It is the university’s first international campus and is located in Powai, opposite IIT Bombay.
India is scheduled to host the World Circular Economy Forum 2026 in which city?
(a) Ahmedabad
(b) Gandhinagar
(c) Surat
(d) Vadodara
(e) New Delhi
Answer & Explanation
Ans.b
Explanation: India will host the World Circular Economy Forum 2026 in Gandhinagar, Gujarat, from September 15 to 18, 2026. Its theme is “Circular Economy: Transition for People and Prosperity.”
The Inaugural International Space Summit 2026 was held in which city?
(a) London
(b) Geneva
(c) Paris
(d) Berlin
(e) Rome
Answer & Explanation
Ans.c
Explanation:
The Inaugural International Space Summit 2026 was held on September 9–10, 2026, at the Grand Palais in Paris, France. Championed by French President Emmanuel Macron and co-led with special envoys astronaut Thomas Pesquet and entrepreneur Hélène Huby.
Brought together nearly 120 foreign delegations representing around 90 countries, including heads of state, ministers, space agencies, and private sector leaders. Notable addresses included an appearance via video conference by Indian Prime Minister Narendra Modi.
According to the provided current affairs material, what Merchant Discount Rate (MDR) will NPCI introduce on UPI merchant payments exceeding ₹2,000 from October 15, 2026?
(a) 0.02%
(b) 0.20%
(c) 0.40%
(d) 0.50%
(e) 1.00%
Answer & Explanation
Ans.c
Explanation:
Starting October 15, 2026, the National Payments Corporation of India (NPCI) will introduce a 0.4% Merchant Discount Rate (MDR) on UPI merchant payments exceeding ₹2,000.
Details on UPI Merchant Charges Customer Fee: Zero. Customers sending money or paying merchants will not pay any extra fees or hidden charges.
Small Vendors Exempt: Small merchants with monthly UPI receipts up to ₹1,00,000 remain completely exempt from MDR charges. Rural and semi-urban QR code transactions are also exempt.
Transaction Threshold: Transactions of ₹2,000 or less—and all person-to-person (P2P) transfers—continue to be entirely free.
Sector Caps: Essential and high-volume sectors like railways, telecom, insurance, and fuel will incur a flat MDR fee of ₹5 for transactions over ₹2,000. For other categories, high-value transactions above ₹75,000 are capped at ₹300. Capital market investments (like mutual funds and stocks) are charged at a lower rate of 0.02% (capped at ₹300).
What was India’s WPI-based inflation rate in August 2026, according to the provided data?
(a) 8.30%
(b) 9.78%
(c) 9.88%
(d) 9.92%
(e) 9.97%
Answer & Explanation
Ans.d
Explanation: India’s WPI-based inflation rose to 9.92% in August 2026, compared with 9.78% in July 2026.
Recent 5-Month WPI Inflation Rates (YoY)
April 2026:30% inflation rate
May 2026: 9.88% inflation rate
June 2026:97% inflation rate
July 2026:78% inflation rate
August 2026:92% inflation rate
NPCI International Payments Limited (NIPL) partnered with which Singapore-based company to enable UPI QR acceptance for merchants in Singapore?
NPCI International Payments Limited (NIPL) partnered with Singapore-based FOMO Pay to enable UPI QR acceptance for merchants in Singapore.
Indian tourists can pay in Indian Rupees through UPI applications.
Singapore merchants will receive settlement in Singapore Dollars, supporting seamless cross-border payments.
Resorts World Sentosa is among the first merchant partners under the initiative.
Pluxee India received RBI authorisation to operate as a Payment Aggregator for which two categories?
(a) PA-O and PA-P
(b) PA-C and PA-D
(c) PPI-O and PPI-P
(d) PA-I and PA-II
(e) PPI-A and PA-A
Answer & Explanation
Ans.a
Explanation:
Pluxee India, a leading provider of employee benefits and engagement solutions, has received authorisation from the Reserve Bank of India (RBI) to operate as a Payment Aggregator (PA) for both online (PA-O) & physical point-of-sale (PA-P).
This marks another significant milestone in Pluxee’s evolution as a technology-led employee benefits and payments platform in India.
The PA authorisation, received on 3 August 2026, complements Pluxee India’s existing Prepaid Payment Instrument (PPI) authorisation, which the company received in 2009 and subsequently expanded in 2020 to enable the issuance of General Purpose PPIs beyond Meal PPIs.
What is the proposed ownership ratio of the JSW Group and Volkswagen Group joint venture mentioned in the current affairs?
(a) 50:50
(b) 49:51
(c) 51:49
(d) 60:40
(e) 55:45
Answer & Explanation
Ans.c
Explanation:
JSW Group and Volkswagen Group have signed a non-binding memorandum of understanding (MoU) to take forward their proposed 51:49 joint venture for Volkswagen’s passenger vehicle operations in India. The agreement starts exclusive talks on the valuation and other terms of the proposed deal, with a binding agreement targeted by December 2026.
The final transaction value is yet to be determined, although market estimates have put the venture’s project investment and capital commitments at more than €1 billion, or around ₹10,000 crore.
The 4th edition of the India-Malaysia maritime exercise ‘Samudra Laksamana’ was held at which location?
(a) Port Klang, Malaysia
(b) Lumut, Malaysia
(c) Mumbai, India
(d) Kochi, India
(e) Visakhapatnam, India
Answer & Explanation
Ans.b
Explanation: The 4th edition of the bilateral naval exercise Samudra Laksamana was conducted at Lumut, Malaysia, from September 9 to 12, 2026, with INS Mysore participating alongside the Royal Malaysian Navy.
How many times did India win the Women’s Asia Cup after defeating Sri Lanka in the 2026 final?
(a) Fifth time
(b) Sixth time
(c) Seventh time
(d) Eighth time
(e) Ninth time
Answer & Explanation
Ans.d
Explanation:
The Indian women’s cricket team defeated Sri Lanka by 72 runs in the final of the Women’s Asia Cup 2026 at the Dubai International Cricket Stadium on 13 September 2026, winning the tournament for a record eighth time.
With this victory, India won the Women’s Asia Cup for the eighth time, extending its record as the most successful team in the tournament.
International Chocolate Day is observed every year on which date, according to the provided material?
(a) July 7
(b) August 13
(c) September 13
(d) September 15
(e) October 13
Answer & Explanation
Ans.c
Explanation: The provided material states that International Chocolate Day is celebrated on September 13. The date is associated with the birthday of Milton S. Hershey, born on September 13, 1857.
What was the theme of National Engineers’ Day 2026 mentioned in the current affairs material?
(a) Engineering for Digital India
(b) Smart Engineering for a Sustainable Future through Innovation and Digitalization
(c) Engineers for Green Growth
(d) Innovation for a Developed India
(e) Digital Engineering for New India
Answer & Explanation
Ans.b
Explanation: National Engineers’ Day is observed on September 15 to mark the birth anniversary of Sir M. Visvesvaraya. The 2026 theme given in the material is “Smart engineering for a sustainable future through innovation and digitalization.”
Which of the following is NOT one of the three primary pillars of the expanded BRICS grouping?
(a) Political and Security Cooperation
(b) Economic and Financial Cooperation
(c) Cultural and People-to-People Exchanges
(d) Defence and Military Alliance
(e) None of the above
Answer & Explanation
Ans.d
Explanation:The 18th BRICS Summit marks the institutionalization of the expanded grouping, consolidating cooperation across its three primary pillars:
Political and Security Cooperation
Economic and Financial Cooperation
Cultural and People-to-People Exchanges
Which country is scheduled to hold the BRICS chairship in 2027, according to the given content?
(a) India
(b) China
(c) Brazil
(d) Russia
(e) South Africa
Answer & Explanation
Ans.b
Explanation: According to the given content, China will hold the BRICS chairship in 2027, following India’s 2026 chairship.
How many partner countries participated in the 18th BRICS Summit 2026, according to the given content?
(a) 8
(b) 9
(c) 10
(d) 11
(e) 12
Answer & Explanation
Ans.c
Explanation: The summit included delegations from 11 BRICS member states and 10 partner states, along with international organizations.
Participants Members
Brazil
China
Egypt
Ethiopia
India
Indonesia
Iran
Russia
South Africa
United Arab Emirates
10 partner countries: Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Nigeria, Thailand, Uganda, Uzbekistan and Vietnam.
What was the theme of the 18th BRICS Summit 2026?
(a) Strengthening Global South Cooperation
(b) Building a Sustainable and Inclusive Future
(c) Building for Resilience, Innovation, Cooperation and Sustainability
(d) One Earth, One Family, One Future
(e) Reforming Global Governance for Peace
Answer & Explanation
Ans.c
Explanation: The theme of the 18th BRICS Summit 2026 was “Building for Resilience, Innovation, Cooperation and Sustainability.”
Summit Overview
Theme: “Building for Resilience, Innovation, Cooperation and Sustainability”
Participants: Delegations from 11 member states, 10 partner states, and international organizations.
Key Focus: Strengthening intra-BRICS cooperation, supply chain stability, and reform of global governance
Chair: Narendra Modi, Prime Minister of India
BRICS 2027-China
Which of the following was one of the key focuses of the 18th BRICS Summit 2026?
(a) Establishing a common BRICS currency
(b) Strengthening intra-BRICS cooperation and supply chain stability
(c) Creating a joint BRICS military force
(d) Expanding BRICS membership to 50 countries
(e) Establishing a common immigration policy
Answer & Explanation
Ans.b
Explanation: The key focus of the summit included strengthening intra-BRICS cooperation, ensuring supply chain stability, and reforming global governance.
Key Highlights of the New Delhi Declaration:
Reforming Global Multilateral Institutions & the UN
Bretton Woods & International Trade Reforms
Counter-Terrorism & Security Priorities
Middle East & Regional Peace Mandates
Major Economic, Financial & Technological Initiatives
Green Energy, Grid Modernization & Critical Minerals
Digital Public Infrastructure (DPI) & Artificial Intelligence
