10-11 May 2026 Current Affairs MCQ

May 11, 2026

2024–25?

A) 5%
B) 2%
C) 0%
D) 1%

Answer: C) 0%
Explanation: Jharkhand achieved a zero primary dropout rate (0%) in 2024–25, marking a major milestone in school education.

9. The Investor Risk Reduction Access (IRRA) platform for stock brokers has been discontinued by which regulator?

A) RBI
B) IRDAI
C) SEBI
D) PFRDA

Answer: C) SEBI
Explanation: The Securities and Exchange Board of India (SEBI) discontinued the IRRA platform with immediate effect.

10. Which Indian space technology company secured a contract from the US National Reconnaissance Office (NRO) for hyperspectral remote sensing?

A) Skyroot Aerospace
B) Agnikul Cosmos
C) Pixxel
D) Dhruva Space

Answer: C) Pixxel
Explanation: Indian space tech firm Pixxel secured a major contract from the US National Reconnaissance Office (NRO) under its Commercial Systems Program Office to develop advanced hyperspectral remote sensing.

11. The steel‑cutting ceremony for the 5th and final Fleet Support Ship (FSS) was held at which shipyard?

A) Cochin Shipyard Limited
B) Mazagon Dock Shipbuilders Limited
C) Hindustan Shipyard Limited, Visakhapatnam
D) Goa Shipyard Limited

Answer: C) Hindustan Shipyard Limited, Visakhapatnam
Explanation: The ‘Steel Cutting’ Ceremony of the 5th and final Fleet Support Ship (FSS) was held at Hindustan Shipyard Limited (HSL), Visakhapatnam .

12. Which Indian bank received RBI approval to acquire up to 99% stake each in AU Small Finance Bank and Federal Bank?

A) HDFC Bank
B) ICICI Bank
C) Kotak Mahindra Bank
D) Axis Bank

Answer: C) Kotak Mahindra Bank
Explanation: Kotak Mahindra Bank received RBI approval to acquire up to 99% stake each in AU Small Finance Bank and Federal Bank , marking a key banking consolidation move.

13. National Technology Day in India is observed every year on:

A) May 10
B) May 11
C) May 12
D) April 11

Answer: B) May 11
Explanation: National Technology Day is observed annually on 11 May to recognise the contributions of scientists, research, and technological advancements in India.

14. Who was nominated as Co‑Chair of the Saudi‑India Business Council (SIBC) by FICCI?

A) Uday Kotak
B) Priyanka Mittal
C) Nirmala Sitharaman
D) Prem Watsa

Answer: B) Priyanka Mittal
Explanation: FICCI nominated Priyanka Mittal (Director of KRBL Ltd.) as the Co‑Chair of the Saudi‑India Business Council (SIBC) , strengthening India’s representation in bilateral economic cooperation.