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7 May 2026 Current Affairs MCQ

rural housing

Correct Answer: C

Explanation: Emergency Credit Line Guarantee Scheme (ECLGS 5.0) was approved to help businesses facing liquidity stress linked to the West Asia crisis.


9. Viability Plan 2.0 announced by the Department of Financial Services is related to:

A. Public Sector Banks
B. Regional Rural Banks
C. Insurance Companies
D. Cooperative Credit Societies

Correct Answer: B

Explanation: Viability Plan 2.0 focuses on improving governance, sustainability, and operational efficiency of Regional Rural Banks (RRBs).


10. The Electronic Gold Receipts (EGR) segment was launched by:

A. BSE
B. MCX
C. RBI
D. NSE

Correct Answer: D

Explanation: NSE launched the EGR segment with SEBI approval to modernise and improve transparency in gold trading.


11. Which institution launched the “Critical Minerals-to-Manufacturing Financing Partnership Facility”?

A. IMF
B. World Bank
C. Asian Development Bank
D. Asian Infrastructure Investment Bank

Correct Answer: C

Explanation: The Asian Development Bank launched this financing initiative to strengthen critical mineral supply chains across Asia-Pacific.


12. “Project Freedom” launched by the United States is related to:

A. Cybersecurity operations
B. Maritime escort operations
C. Space exploration
D. Anti-terror operations

Correct Answer: B

Explanation: Project Freedom is a naval escort initiative launched by the USA to secure commercial shipping in the Strait of Hormuz.


13. Who was appointed as the Chairperson of the Central Board of Film Certification (CBFC)?

A. Prasoon Joshi
B. Ashutosh Gowariker
C. Shashi Shekhar Vempati
D. Shekhar Kapur

Correct Answer: C

Explanation: The Ministry of Information and Broadcasting appointed Shashi Shekhar Vempati as the CBFC Chairperson.


14. Which Indian naval ship entered Yangon Harbour as part of India’s maritime outreach programme?

A. INS Vikrant
B. INS Sunayna
C. INS Chennai
D. INS Arihant

Correct Answer: B

Explanation: INS Sunayna visited Yangon Harbour under India’s Indo-Pacific maritime engagement initiative.


15. Which company successfully launched a Falcon 9 rocket from California?

A. Blue Origin
B. NASA
C. ISRO
D. SpaceX

Correct Answer: D

Explanation: SpaceX successfully launched another Falcon 9 mission from California for commercial and scientific purposes.


16. World Athletics Day 2026 was observed on:

A. 1 May

Month: 

Category: