1. The United Nations revised India’s GDP growth forecast for 2026 to:
A) 6.6%
B) 5.5%
C) 4%
D) 3.2%
Answer: C) 4%
Explanation:
The United Nations reduced India’s GDP growth forecast for 2026 from 6.6% to 4% due to global economic uncertainty and financial pressures.
Human Touch: Economic forecasts may change, but they remind countries to stay prepared for global challenges.
2. The Reserve Bank of India announced a USD 5 billion buy/sell swap auction mainly to:
A) Increase exports
B) Inject long-term liquidity into the banking system
C) Control inflation directly
D) Promote cryptocurrency trading
Answer: B) Inject long-term liquidity into the banking system
Explanation:
The RBI introduced the dollar-rupee swap auction to improve liquidity conditions and maintain financial stability.
Human Touch: Such measures help banks function smoothly during uncertain market conditions.
3. India assumed the chairmanship of the Regional Cooperative Agreement under which organisation?
A) World Bank
B) International Monetary Fund
C) International Atomic Energy Agency
D) Asian Development Bank
Answer: C) International Atomic Energy Agency
Explanation:
India took over the chairmanship of the Regional Cooperative Agreement under the IAEA for the year 2026.
Human Touch: India’s growing role in global nuclear cooperation reflects increasing international trust.
4. Which organisation’s 68th Governing Body Meeting is being hosted by India in New Delhi?
A) ASEAN
B) Asian Productivity Organization
C) SAARC
D) WTO
Answer: B) Asian Productivity Organization
Explanation:
India is hosting the 68th Governing Body Meeting of the Asian Productivity Organization in New Delhi.
Human Touch: Such meetings help countries share ideas for economic growth and productivity improvement.
5. World Metrology Day is observed every year on:
A) 20 May
B) 21 May
C) 22 May
D) 23 May
Answer: A) 20 May
Explanation:
World Metrology Day highlights the importance of measurement science, precision standards, and consumer protection systems.
Human Touch: Accurate measurements quietly support everything from medicine to trade and daily shopping.
6. The Arunachal Kiwi Mission was launched with a financial outlay of:
A) ₹120 crore
B) ₹167 crore
C) ₹200 crore
D) ₹250 crore
Answer: B) ₹167 crore
Explanation:
The Government launched the Arunachal Kiwi Mission to make Arunachal Pradesh a major organic kiwi production and export centre.
Human Touch: The mission could improve farmers’ incomes while promoting organic farming in the Northeast.
7. Which state became the first in India to create a dedicated Artificial Intelligence portfolio at the
Month: Current Affairs - May 22, 2026
Category: