Current Affairs Quiz — 29 January 2026
Daily news by your exam, state and topic — each with a short summary, key facts and MCQs.
According to the Economic Survey 2025-26, India's real GDP growth for FY26 (First Advance Estimate) is estimated at:
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Correct answer: C — 7.4%
PIB: The Survey estimates FY26 real GDP growth at 7.4% (GVA 7.3%).
What real GDP growth range does the Economic Survey 2025-26 project for FY27?
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Correct answer: B — 6.8–7.2%
PIB: Real GDP growth for FY27 is projected at 6.8–7.2%, with potential growth around 7%.
As per the Economic Survey 2025-26, the gross NPA ratio of scheduled commercial banks fell to a multi-decade low of:
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Correct answer: A — 2.2%
PIB: Gross NPAs reached a multi-decadal low of 2.2% in September 2025.
Consider the following statements based on the Economic Survey 2025-26: 1. The share of private final consumption expenditure in GDP rose to 61.5% in FY26. 2. Domestic inflation averaged 1.7% during April–December 2025. Which of the above is/are correct?
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Correct answer: C — Both 1 and 2
PIB: PFCE share in GDP rose to 61.5% in FY26 and domestic inflation averaged 1.7% for April–December 2025.
According to the Economic Survey 2025-26, India's foreign exchange reserves as of 16 January 2026 stood at about:
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Correct answer: B — USD 701.4 billion
PIB: Forex reserves rose to USD 701.4 billion as of 16 January 2026, covering 11 months of imports. (USD 825.3 billion = total exports in FY25.)
How many weighted items does the basket of the new CPI 2024 series have, as per the Expert Group report released in January 2026?
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Correct answer: B — 358
PIB: The CPI 2024 item basket comprises 358 weighted items mapped to 12 divisions as per COICOP 2018.
Which survey provides the item weights for the new CPI 2024 series?
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Correct answer: D — Household Consumption Expenditure Survey 2023-24
PIB: The Expert Group recommended updating the CPI basket and weights using HCES 2023-24.
Under a January 2026 Bihar cabinet decision, women beneficiaries of the Mukhyamantri Mahila Rozgar Yojana can get additional assistance of up to:
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Correct answer: C — ₹2 lakh
The Hindu/TOI: The cabinet approved additional assistance of up to ₹2 lakh, in phases, for women who earlier got ₹10,000.
Under the Bihar Global Capability Centre (GCC) Policy 2026, what capex subsidy is offered?
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Correct answer: B — 30%, up to ₹50 crore
The Hindu/TOI: GCCs get a 30% capex subsidy, capped at ₹50 crore.
Under the Bihar Semiconductor Policy 2026, how is the state's capex support linked to the Centre's subsidy?
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Correct answer: B — State pays 60% of the Centre's 50% capex subsidy
The Hindu/TOI: The Centre gives 50% capex subsidy, and Bihar will pay 60% of that subsidy amount.
As per the Economic Survey 2025-26, what was India's rank in the Global Innovation Index 2025?
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Correct answer: B — 38th
PIB: India's GII rank improved from 66th in 2019 to 38th in 2025.
According to the Economic Survey 2025-26, how many semiconductor manufacturing and packaging projects had been approved, with cumulative investment of ₹1.60 lakh crore?
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Correct answer: C — 10
PIB: Ten semiconductor projects with ₹1.60 lakh crore investment have been approved in 6 states.
Which three Indian cities feature among the world's top 50 most innovation-intensive clusters, as noted in the Economic Survey 2025-26?
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Correct answer: D — Bengaluru, Delhi, Mumbai
PIB: Bengaluru, Delhi and Mumbai feature among the top 50 most innovation-intensive clusters worldwide.
In January 2026, which mineral was notified as a Critical and Strategic Mineral under the MMDR Act, 1957?
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Correct answer: A — Coking coal
PIB (29 Jan 2026): The Government notified coking coal as a Critical and Strategic Mineral under the MMDR Act, 1957.
India's coking coal resources, estimated at 37.37 billion tonnes, are largely located in which state?
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Correct answer: D — Jharkhand
PIB: Coking coal resources are largely in Jharkhand, with more in Madhya Pradesh, West Bengal and Chhattisgarh.
Consider the following statements about the January 2026 notification on coking coal: 1. Coking coal was included in Part D of the First Schedule of the MMDR Act, which lists critical and strategic minerals. 2. Royalty and auction premium from such mining leases will now go to the Central Government instead of the states. Which of the above is/are correct?
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Correct answer: A — 1 only
PIB: Coking coal was added to Part D. Under Section 11D(3), royalty, auction premium and other payments continue to accrue to the State Governments.
According to the Economic Survey 2025-26, India's remittance inflows in FY25 were:
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Correct answer: C — USD 135.4 billion
PIB: India remains the world's largest recipient of remittances with inflows of USD 135.4 billion in FY25.
As per the Economic Survey 2025-26, India's total exports (merchandise and services) in FY25 reached a record of:
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Correct answer: C — USD 825.3 billion
PIB: Total exports reached a record USD 825.3 billion in FY25; services alone were USD 387.6 billion.
According to the Economic Survey 2025-26, India's share of global merchandise exports in 2024 was about:
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Correct answer: B — 1.8%
PIB: India's share of global merchandise exports nearly doubled from 1% in 2005 to 1.8% in 2024.
According to the Economic Survey 2025-26, the number of airports in India increased from 74 in 2014 to how many in 2025?
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Correct answer: C — 164
PIB: The number of airports increased from 74 in 2014 to 164 in 2025.
As per the Economic Survey 2025-26, international IIT campuses have been established in which two places?
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Correct answer: A — Zanzibar and Abu Dhabi
PIB: India has 23 IITs, 21 IIMs and 20 AIIMS, alongside two international IIT campuses in Zanzibar and Abu Dhabi.
Consider the following statements based on the Economic Survey 2025-26: 1. Power DISCOMs recorded a positive profit after tax for the first time in FY25. 2. Multidimensional poverty (NITI Aayog) declined to 11.28% in 2022-23. Which of the above is/are correct?
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Correct answer: C — Both 1 and 2
PIB: DISCOMs recorded a positive PAT of ₹2,701 crore in FY25 for the first time, and MPI declined from 55.3% (2005-06) to 11.28% (2022-23).
In the second instalment of XV Finance Commission untied grants for 2025-26 released on 29 January 2026, which of these states received the largest amount?
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Correct answer: D — Maharashtra
PIB: Maharashtra ₹714.32 crore, Andhra Pradesh ₹410.76 crore, Tripura ₹30.6 crore.
The 100-m steel bridge completed in January 2026 for the Mumbai–Ahmedabad Bullet Train passes over what?
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Correct answer: A — An underground metro tunnel between Kalupur and Shahpur stations
PIB: The alignment passes over the underground metro tunnel connecting Kalupur and Shahpur metro stations in Ahmedabad; it is the 13th of 17 steel bridges in Gujarat.
The Krishnamurthy Tandon School of Artificial Intelligence, announced in January 2026 with a ₹100-crore endowment, will be set up at which institute?
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Correct answer: D — IIM Ahmedabad
PIB: IIM Ahmedabad exchanged an MoU for the Krishnamurthy Tandon School of AI with a ₹100-crore endowment.
In January 2026 the National Biodiversity Authority disbursed ₹17 lakh to the Biodiversity Management Committee of BMC Mumbai under the ABS mechanism. The benefit came from commercial use of which biological resource?
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Correct answer: A — Bacillus soil micro-organisms
PIB: The disbursement stems from commercial utilisation of soil micro-organisms of the Bacillus genus for probiotic products.
Under a January 2026 MoU, Assam Petro-Chemicals Ltd will set up a 150 TPD e-methanol plant at which port?
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Correct answer: A — Kandla (Deendayal Port)
PIB: APL signed an MoU with Deendayal Port Authority for a 150 TPD e-methanol plant at Kandla Port, Gujarat.
What is the approximate capital investment planned for APL's e-methanol project at Kandla (MoU of January 2026)?
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Correct answer: D — More than ₹1,200 crore
PIB: More than ₹1,200 crore will be invested; about 3,500 jobs are expected.