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26 May 2026 Current Affairs MCQ

Answer: C) 1 October 2026

Explanation:
The revised framework aims to strengthen transparency and customer protection during loan recovery.


9. The Energy, Food Security and Economic Resilience Facility was established by:

A) Asian Development Bank
B) World Bank
C) International Monetary Fund
D) Asian Infrastructure Investment Bank

Answer: D) Asian Infrastructure Investment Bank

Explanation:
AIIB created this facility to support countries affected by geopolitical and economic disruptions.


10. RBI announced a record surplus transfer of how much to the Government of India for FY2025–26?

A) ₹1.75 lakh crore
B) ₹2.10 lakh crore
C) ₹2.87 lakh crore
D) ₹3.25 lakh crore

Answer: C) ₹2.87 lakh crore

Explanation:
This became the highest surplus transfer announced by RBI for the financial year.


11. Which organisation released the Quarterly Bulletin on Unincorporated Sector Enterprises?

A) NITI Aayog
B) National Statistics Office
C) RBI
D) Ministry of Finance

Answer: B) National Statistics Office

Explanation:
NSO released the bulletin for January–March 2026 to provide insights into unincorporated sector performance.


12. Karnataka Grameena Bank received an award for outstanding performance under:

A) PM Jan Dhan Yojana
B) PM-KISAN
C) Atal Pension Yojana
D) Mudra Yojana

Answer: C) Atal Pension Yojana

Explanation:
The bank was recognized by PFRDA for its excellent enrolment performance under APY.


13. India, China, and Japan raised concerns regarding which country's steel safeguard measures?

A) Germany
B) United States
C) France
D) United Kingdom

Answer: D) United Kingdom

Explanation:
Several WTO members questioned the UK's steel safeguard policies.


14. The tenure of Anurag Garg as Director General of NCB was extended until:

A) March 2027
B) July 2027
C) December 2027
D) January 2028

Answer: B) July 2027

Explanation:
The Appointments Committee of the Cabinet approved the extension of his tenure.


15. A Ring Gantry-based Linear Accelerator was commissioned mainly for:

A) Space research
B) Missile testing
C) Advanced cancer treatment
D) Weather monitoring

Answer: C) Advanced cancer treatment

Explanation:
The system improves precision and effectiveness in radiation oncology treatment.


16. India successfully conducted the test-firing of:

A) Agni-5
B) BrahMos-II
C) Agni-1

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