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3 January 2026 Current Affairs MCQ

Q1. The National Highways Authority of India (NHAI) recently withdrew which requirement for the Car/Jeep/Van FASTag category?

A. Minimum balance mandate
B. Know Your Vehicle (KYV) requirement
C. Annual FASTag renewal
D. GPS-based vehicle tracking

✅ Answer: B

📝 Explanation:
NHAI withdrew the Know Your Vehicle (KYV) requirement for Car/Jeep/Van FASTag users to reduce compliance burden and simplify usage.

Q2. National Test House (NTH) signed an MoU with NHAI to strengthen which aspect of highway development?

A. Toll revenue optimisation
B. Road safety awareness campaigns
C. Quality control and construction safety
D. Land acquisition mechanisms

✅ Answer: C

📝 Explanation:
The NTH–NHAI MoU focuses on improving quality assurance, transparency, and safety in national highway construction.


Q3. India extended import restrictions on low-ash metallurgical coke primarily to:

A. Control inflation
B. Meet climate commitments
C. Protect domestic producers
D. Boost exports

✅ Answer: C

📝 Explanation:
The extension (1 Jan–30 June 2026) aims to protect domestic metallurgical coke producers from excessive imports.


Q4. According to recent estimates, exports contribute approximately what percentage to India’s GDP?

A. 15%
B. 18%
C. 21%
D. 25%

✅ Answer: C

📝 Explanation:
Exports account for nearly 21% of India’s GDP , supporting forex inflows, current account stability, and growth.


Q5. The Indian AI Research Organization (IAIRO) is proposed to be established at:

A. Bengaluru
B. Hyderabad
C. Pune
D. GIFT City, Gandhinagar

✅ Answer: D

📝 Explanation:
IAIRO will be set up at GIFT City, Gandhinagar , strengthening India’s AI research and innovation ecosystem.


Q6. Which institution was praised by NITI Aayog as a benchmark for globalisation of higher education?

A. IIT Gandhinagar
B. Gujarat Biotechnology University
C. National Law University, Gandhinagar
D. Ahmedabad University

✅ Answer: B

📝 Explanation:
Gujarat Biotechnology University (GBU), GIFT City was highlighted as a model aligned with India’s global education goals.


Q7. The AI-based Intelligent Grievance Monitoring System will be implemented by the Delhi Government in collaboration with:

A. IIT Delhi
B. IIT Bombay
C. IIT Kanpur
D. IIM Ahmedabad

✅ Answer: C

📝 Explanation:
The system is being developed with IIT Kanpur to improve speed, transparency, and accountability in grievance redressal.


Q8. What is the objective of RBI’s podcast series “RBI Talks: Paisa to Policy”?

A. Promote digital payments
B. Explain monetary policy decisions
C. Enhance public financial awareness
D. Address banking grievances

✅ Answer: C

📝 Explanation:
The podcast aims to improve financial literacy and public understanding of RBI’s policies.


Q9. Which state became the first in India to constitute its 8th State Pay Commission ?

A. Tamil Nadu
B. Maharashtra
C. Assam
D. Karnataka

✅ Answer: C

📝 Explanation:
Assam became the first state to constitute its 8th State Pay Commission , signalling proactive pay reforms.


Q10. The Indian Insurance Companies (Foreign Investment) Amendment Rules, 2025 align regulations with what maximum FDI limit?

A. 49%
B. 74%
C. 90%
D. 100%

✅ Answer: D

📝 Explanation:
The rules align with the 100% FDI limit approved by Parliament in December 2025.


Q11. RBI projects the Gross Non-Performing Asset (GNPA) ratio of SCBs to improve to what level by March 2027 (baseline)?

A. 2.5%
B. 2.1%
C. 1.9%
D. 1.5%

✅ Answer: C

📝 Explanation:
RBI expects GNPA to decline to 1.9% , reflecting improved asset quality.


Q12. Household debt in India rose to what percentage of GDP by March 2025?

A. 35.2%
B. 38.3%
C. 40.0%
D. 41.3%

✅ Answer: D

📝 Explanation:
Household debt increased to 41.3% of GDP , above the five-year average of 38.3%.


Q13. Under a severe stress scenario, how many Scheduled Commercial Banks (SCBs) may need to utilise Capital Conservation Buffers (CCBs)?

A. One
B. Two
C. Three
D. Four

✅ Answer: D

📝 Explanation:
RBI warned that up to four SCBs may need to draw down CCBs under severe stress.


Q14. The EU’s Carbon Border Adjustment Mechanism (CBAM), implemented from 1 January 2026, primarily targets:

A. Agricultural imports
B. Carbon-intensive imports
C. Digital services
D. Luxury goods

✅ Answer: B

📝 Explanation:
CBAM imposes a carbon-linked levy on carbon-intensive imports such as steel, cement, aluminium, fertilisers, etc.


Q15. Who assumed charge as the Vice Chief of the Air Staff (VCAS) on 1 January 2026?

A. Air Marshal Vivek Ram Chaudhari
B. Air Marshal Narmdeshwar Tiwari
C. Air Marshal Nagesh Kapoor
D. Air Marshal Raghunath Nambiar

✅ Answer: C

📝 Explanation:
Air Marshal Nagesh Kapoor took charge as VCAS , succeeding Air Marshal Narmdeshwar Tiwari.

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