Current Affairs Quiz — 27 March 2026
Daily news by your exam, state and topic — each with a short summary, key facts and MCQs.
Who was sworn in as the Prime Minister of Nepal on 27 March 2026?
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Correct answer: A — Balendra Shah
Balendra (Balen) Shah of the Rastriya Swatantra Party was sworn in by President Ramchandra Paudel.
Balendra Shah, who became Nepal's Prime Minister in March 2026, belongs to which party?
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Correct answer: B — Rastriya Swatantra Party
Shah is a senior leader of the Rastriya Swatantra Party (RSP), which won 182 of 275 seats on 5 March 2026.
Consider the following statements about Nepal's new Prime Minister Balendra Shah: 1. He was earlier the Mayor of Kathmandu. 2. He defeated K. P. Sharma Oli in Jhapa-5. 3. He is the first Prime Minister of Nepal from the Madhesi community. Which of the above are correct?
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Correct answer: D — 1, 2 and 3
Shah was Kathmandu mayor from May 2022 to January 2026, won Jhapa-5 defeating Oli, and is the first Madhesi PM.
By how much did the Centre cut excise duty on petrol and diesel on 27 March 2026?
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Correct answer: A — ₹10 per litre
Excise duty was reduced by ₹10 per litre on both petrol and diesel with immediate effect.
Consider the following statements about the excise duty cut of 27 March 2026: 1. Retail pump prices of petrol and diesel were reduced by the same amount. 2. The cut offsets part of the under-recoveries of public sector oil marketing companies. Which of the above is/are correct?
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Correct answer: B — 2 only
Retail pump prices did not change. The reduction directly reduces the under-recoveries absorbed by IOCL, BPCL and HPCL.
According to the government (March 2026), international crude prices had risen in about a month from roughly USD 70 per barrel to around:
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Correct answer: B — USD 122
Crude rose from approximately USD 70 to around USD 122 per barrel – nearly 75% in under four weeks.
The Defence Acquisition Council on 27 March 2026 granted Acceptance of Necessity for proposals worth about:
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Correct answer: C — ₹2.38 lakh crore
The DAC granted AoN for proposals worth about ₹2.38 lakh crore. ₹6.73 lakh crore is the total AoN for FY 2025-26.
The Medium Transport Aircraft cleared by the DAC in March 2026 are meant to replace which IAF transport fleets?
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Correct answer: D — AN-32 and IL-76
The Medium Transport Aircraft will replace the transport fleet of AN-32 and IL-76.
Match the service with the item cleared by the DAC on 27 March 2026: 1. Indian Army – a. Heavy Duty Air Cushion Vehicles 2. Indian Air Force – b. Dhanush Gun System 3. Indian Coast Guard – c. S-400 missile system
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Correct answer: A — 1-b, 2-c, 3-a
Dhanush Gun System was cleared for the Army, S-400 for the Air Force and Heavy Duty Air Cushion Vehicles for the Coast Guard.
According to the PLFS Annual Report 2025, the unemployment rate (usual status, age 15+) in 2025 was:
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Correct answer: B — 3.1%
The unemployment rate in usual status (ps+ss) for persons aged 15+ was 3.1% for both men and women in 2025.
As per PLFS 2025, the youth (15–29 years) unemployment rate in usual status declined to:
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Correct answer: B — 9.9%
Youth unemployment fell to 9.9% in 2025 from 10.3% in 2024. 8.3% is rural youth and 13.6% urban youth.
Consider the following findings of the PLFS Annual Report 2025: 1. Female LFPR (age 15+) was 40.0%. 2. The share of regular wage/salaried workers declined compared to 2024. 3. The share of self-employed persons fell to 56.2%. Which of the above are correct?
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Correct answer: C — 1 and 3 only
Female LFPR was 40.0% and self-employment fell to 56.2%. Regular wage/salaried share rose to 23.6% from 22.4%, so statement 2 is wrong.
The Jan Vishwas (Amendment of Provisions) Bill, 2026 proposes to amend how many provisions of Central Acts?
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Correct answer: D — 784
It proposes amending 784 provisions of 79 Central Acts, of which 717 are to be decriminalised.
Who chaired the Select Committee that examined the Jan Vishwas (Amendment of Provisions) Bill, 2025?
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Correct answer: A — Tejasvi Surya
The Select Committee chaired by Tejasvi Surya held 49 sittings and reported on 13 March 2026.
Consider the following statements: 1. The Jan Vishwas Act, 2023 decriminalised 183 provisions in 42 Central Acts. 2. The Jan Vishwas Bill, 2026 was introduced in the Rajya Sabha. 3. The 2026 Bill proposes replacing imprisonment for minor defaults with monetary penalties or warnings. Which of the above are correct?
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Correct answer: C — 1 and 3 only
The 2023 Act decriminalised 183 provisions in 42 Acts, and the 2026 Bill replaces imprisonment with penalties or warnings. It was introduced in the Lok Sabha, not the Rajya Sabha.
Where was the IONS Maritime Exercise (IMEX) TTX 2026 held on 27 March 2026?
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Correct answer: D — Kochi
It was held at the Maritime Warfare Centre, Southern Naval Command, Kochi.
India assumes the chairmanship of the Indian Ocean Naval Symposium (IONS) for 2026–2028 after a gap of how many years?
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Correct answer: D — 16
India assumes the IONS Chairmanship for the 2026–2028 cycle after a gap of sixteen years.
As of 31 December 2025, PLI schemes had generated investment of over:
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Correct answer: A — ₹2.16 lakh crore
PLI schemes attracted investment of over ₹2.16 lakh crore; ₹20.41 lakh crore is incremental production and sales.
Production Linked Incentive (PLI) schemes are being implemented across how many key sectors?
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Correct answer: C — 14
PLI schemes are implemented across 14 key sectors. Make in India 2.0 covers 27 sectors.
The grants of over ₹592 crore released to Goa and Maharashtra panchayats in March 2026 were recommended by which Finance Commission?
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Correct answer: B — Fifteenth
The Union Government released Fifteenth Finance Commission (XV FC) untied and tied grants to PRIs in Goa and Maharashtra.
Which state became the twelfth to sign a reform-linked MoU under Jal Jeevan Mission 2.0 on 27 March 2026?
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Correct answer: B — Meghalaya
Meghalaya became the twelfth state to sign the reform-linked MoU under JJM 2.0.
Jal Jeevan Mission 2.0 was approved by the Union Cabinet on:
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Correct answer: C — 10 March 2026
JJM 2.0 was approved by the Union Cabinet on 10 March 2026.
Under the TV Ratings Policy 2026, the net-worth requirement for registering as a TV rating agency has been reduced from ₹20 crore to:
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Correct answer: C — ₹5 crore
The net-worth requirement was reduced from ₹20 crore to ₹5 crore.
Consider the following about the TV Ratings Policy 2026: 1. Landing-page viewership is excluded from ratings measurement. 2. At least 50% of a rating agency's board must be independent directors. Which of the above is/are correct?
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Correct answer: C — Both 1 and 2
The policy excludes landing-page viewership from measurement and requires at least 50% independent directors.
The 'Surya Tilak' witnessed by PM Modi on 27 March 2026 took place at which temple?
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Correct answer: C — Shri Ram Janmabhoomi Mandir, Ayodhya
The Surya Tilak took place at the Shri Ram Janmabhoomi Mandir, Ayodhya, on Ram Navami.
The Surya Tilak at Ayodhya on Ram Navami is achieved by:
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Correct answer: D — Sunlight directed through a system of mirrors and lenses
A system of mirrors and lenses directs sunlight onto the forehead of the Ram Lalla idol at noon.