SF Prep Notes

Current Affairs Quiz — 12 May 2026

Daily news by your exam, state and topic — each with a short summary, key facts and MCQs.

7 days 1 month 3 months 6 months 12 months All
13 news · 28 MCQs
Score: 0 / 0 attempted · 28 questions
IMD launches its first AI-based monsoon advance forecast and a 1-km rainfall forecast pilot for Uttar Pradesh
Q1 Advanced

For which state did IMD launch a pilot rainfall forecast at 1-km spatial resolution in May 2026?

Show answer

Correct answer: D — Uttar Pradesh

The High Spatial Resolution Rainfall Forecast for Uttar Pradesh gives 1-km resolution forecasts up to 10 days ahead as a pilot service.

Q2 Advanced

IMD's AI-enabled 'Forecast of Monsoon Advance' (May 2026) is designed to support farmers in how many states?

Show answer

Correct answer: A — 16

The product supports farmers across 16 states and more than 3,000 sub-districts through the Agriculture Ministry's dissemination framework.

Public sector banks post record ₹1.98 lakh crore net profit in FY 2025-26; gross NPA falls to 1.93%
Q3 Advanced

What was the aggregate net profit of public sector banks in FY 2025-26, as announced in May 2026?

Show answer

Correct answer: A — ₹1.98 lakh crore

Aggregate net profit rose 11.1% to a record ₹1.98 lakh crore; ₹3.21 lakh crore was the operating profit and ₹86,971 crore the recoveries.

Q4 Advanced

Consider the following statements about public sector banks as of 31 March 2026: 1. Their gross NPA ratio was 1.93% and net NPA ratio 0.39%. 2. Their aggregate CRAR of 16.6% was above the regulatory requirement of 11.5%. Which of the statements given above is/are correct?

Show answer

Correct answer: C — Both 1 and 2

Both are correct, as per the Finance Ministry's FY 2025-26 PSB performance release.

Q5 Advanced

FY 2025-26 marked which consecutive year of aggregate profitability for public sector banks?

Show answer

Correct answer: D — Fourth

The record ₹1.98 lakh crore profit marked the fourth consecutive year of aggregate profitability for PSBs.

Retail inflation at 3.48% in April 2026 on new CPI base 2024; food inflation 4.20%
Q6

What was India's CPI-based retail inflation (base 2024=100) for April 2026?

Show answer

Correct answer: C — 3.48%

Retail inflation was 3.48% (provisional) in April 2026; 3.40% was March, 4.20% food inflation and 3.16% urban inflation.

Q7 Advanced

Consider the following statements about the CPI release for April 2026: 1. Food inflation (CFPI) was lower than headline CPI inflation. 2. Prices for the CPI are collected by the NSO from 1,407 urban markets and 1,465 villages. Which of the statements given above is/are correct?

Show answer

Correct answer: B — 2 only

Only 2 is correct. Food inflation (4.20%) was higher than headline CPI inflation (3.48%).

Himanta Biswa Sarma sworn in as Assam Chief Minister for a second consecutive term
Q8

Who administered the oath of office to Himanta Biswa Sarma as Assam Chief Minister on 12 May 2026?

Show answer

Correct answer: B — Governor Lakshman Prasad Acharya

Governor Lakshman Prasad Acharya administered the oath at the Veterinary College ground, Khanapara, Guwahati.

Q9 Advanced

How many seats did the BJP win on its own in the 126-member Assam Assembly in the 2026 election?

Show answer

Correct answer: D — 82

The BJP won 82 seats; with the AGP and BPF (10 each), the NDA reached 102.

Q10 Advanced

Consider the following statements: 1. Under Article 164(4) of the Constitution, a Minister who for six consecutive months is not a member of the State Legislature ceases to be a Minister at the end of that period. 2. In the 2026 Assam Assembly election, the Asom Gana Parishad and the Bodoland People's Front won 10 seats each. Which of the statements given above is/are correct?

Show answer

Correct answer: C — Both 1 and 2

Both are correct. Article 164(4) sets the six-month limit, and the AGP and BPF won 10 seats each as BJP allies.

DFS launches US$1.5 billion Bharat Maritime Insurance Pool backed by ₹12,980-crore sovereign guarantee
Q11 Advanced

What is the size of the Bharat Maritime Insurance Pool launched by the Department of Financial Services in May 2026?

Show answer

Correct answer: B — US$1.5 billion

BMIP is a US$1.5 billion pool with a sovereign guarantee of US$1.4 billion (₹12,980 crore).

Q12 Advanced

Which entity is the pool administrator of the Bharat Maritime Insurance Pool?

Show answer

Correct answer: D — GIC Re

GIC Re is the pool administrator; policies are issued by domestic member insurers such as New India Assurance.

India and IFAD launch eight-year Country Strategic Opportunities Programme for 2026–2033
Q13 Advanced

The Country Strategic Opportunities Programme (COSOP) launched in May 2026 is a strategy between India and which organisation?

Show answer

Correct answer: A — International Fund for Agricultural Development

The eight-year COSOP for 2026–2033 was launched by the Government of India with IFAD.

Q14 Advanced

Consider the following statements about the India–IFAD partnership: 1. India's partnership with IFAD spans nearly five decades, with 35 rural development projects implemented in India. 2. The COSOP 2026–2033 has three strategic priorities. Which of the statements given above is/are correct?

Show answer

Correct answer: A — 1 only

Only 1 is correct. The COSOP 2026–2033 has two strategic priorities: rural resilience and knowledge systems for scaling.

Mines Ministry launches second tranche of limestone block auctions in Jammu & Kashmir; 12 blocks on offer
Q15 Advanced

How many limestone blocks were put up for auction in the second tranche launched in Jammu & Kashmir in May 2026?

Show answer

Correct answer: D — 12

A total of 12 limestone blocks across Anantnag, Rajouri and Poonch districts were put up under Tranche II.

Q16 Advanced

The limestone blocks in J&K's second auction tranche (May 2026) are spread across which districts?

Show answer

Correct answer: A — Anantnag, Rajouri and Poonch

The 12 blocks are in Anantnag, Rajouri and Poonch districts.

Q17 Advanced

Consider the following statements about the J&K limestone block auction (Tranche II, May 2026): 1. The auction is conducted under the Mineral (Auction) Rules, 2015. 2. All the blocks are at the G1 (detailed exploration) stage of the UNFC. Which of the statements given above is/are correct?

Show answer

Correct answer: A — 1 only

Only 1 is correct. The blocks are categorised under the G3 and G4 stages of the UNFC, not G1.

Jammu–Srinagar Vande Bharat services carry about 45,000 passengers in first 10 days
Q18 Advanced

How many passengers did the Jammu Tawi–Srinagar Vande Bharat services carry in the first ten days after regularisation (to 11 May 2026)?

Show answer

Correct answer: B — 44,727

The four services carried 44,727 passengers up to 11 May; 28,762 was the maiden-week figure.

Q19 Advanced

Consider the following statements: 1. PM Narendra Modi inaugurated the 272-km Udhampur–Srinagar–Baramulla Rail Link on 6 June 2025. 2. The augmented Jammu Tawi–Srinagar Vande Bharat Express flagged off on 30 April 2026 has 20 coaches. Which of the statements given above is/are correct?

Show answer

Correct answer: C — Both 1 and 2

Both are correct, as stated in the Railway Ministry release of 12 May 2026.

I4C and Reserve Bank Innovation Hub sign MoU for AI-driven detection of mule accounts
Q20 Advanced

In the May 2026 MoU with I4C on mule accounts, 'RBIH' stands for:

Show answer

Correct answer: C — Reserve Bank Innovation Hub

RBIH is the Reserve Bank Innovation Hub, which signed the MoU with the Indian Cyber Crime Coordination Centre.

Q21 Advanced

The Indian Cyber Crime Coordination Centre (I4C) functions under which ministry?

Show answer

Correct answer: B — Ministry of Home Affairs

I4C is part of the Ministry of Home Affairs, and its Suspect Registry data will feed RBIH's AI fraud detection.

Karnataka gets 1,243 EV chargers worth ₹123.26 crore under PM E-DRIVE
Q22 Advanced

How many EV chargers were approved for Karnataka under the PM E-DRIVE scheme in May 2026?

Show answer

Correct answer: D — 1,243

Proposals for 1,243 EV chargers in Karnataka with an outlay of ₹123.26 crore were approved; 4,874 is the total approved so far.

Q23 Advanced

As of May 2026, proposals worth how much had been approved under PM E-DRIVE for installing 4,874 EV chargers across states and CPSEs?

Show answer

Correct answer: C — ₹503.86 crore

Proposals worth ₹503.86 crore have been approved for 4,874 EV chargers across various states and CPSEs.

President Murmu confers National Florence Nightingale Awards 2026 on 15 nurses
Q24 Advanced

What cash prize accompanies each National Florence Nightingale Award?

Show answer

Correct answer: C — ₹1,00,000

Each award includes a certificate of merit, a cash prize of ₹1,00,000 and a medal.

Q25 Advanced

The National Florence Nightingale Awards 2026 were conferred on 12 May 2026, which is observed as:

Show answer

Correct answer: B — International Nurses Day

The awards were presented on International Nurses Day, 12 May, with the theme 'Our Nurses. Our Future. Empowered Nurses Save Lives'.

CSIR transfers 13 CSIR-CBRI technologies to industry to mark National Technology Day
Q26 Advanced

CSIR-Central Building Research Institute (CBRI), whose 13 technologies were transferred to industry on National Technology Day 2026, is located at:

Show answer

Correct answer: B — Roorkee

The technologies were developed by CSIR-Central Building Research Institute (CSIR-CBRI), Roorkee.

NCGG begins first capacity-building programme for Seychelles civil servants in Mussoorie
Q27 Advanced

Under the February 2026 MoU between NCGG and Seychelles' Public Service Bureau, how many Seychellois civil servants are to be trained over three years?

Show answer

Correct answer: A — 250

The three-year agreement sets out a roadmap to train 250 Seychellois civil servants.

Q28 Advanced

How many senior Seychelles officials are in the first NCGG capacity-building cohort that began on 11 May 2026?

Show answer

Correct answer: D — 29

The first cohort brings together 29 high-ranking officials, including directors general and senior officers.