SF Prep Notes

Current Affairs Quiz — 21 August 2026

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

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13 news · 34 MCQs
Score: 0 / 0 attempted · 34 questions
Centre notifies ₹62,500-crore Mobile Phone Manufacturing Scheme
Q1

What is the budgetary outlay of the Mobile Phone Manufacturing Scheme notified by MeitY in August 2026?

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Correct answer: B — ₹62,500 crore

The Mobile Phone Manufacturing Scheme (MPMS) has a budgetary outlay of ₹62,500 crore.

Q2 Advanced

What is the tenure of the Mobile Phone Manufacturing Scheme (MPMS)?

Show answer

Correct answer: D — FY 2026-27 to FY 2030-31

The scheme runs for five years, from FY 2026-27 to FY 2030-31; TS2 applicants may get a one-year gestation period.

Q3 Advanced

Under Target Segment 2 (TS2) of the Mobile Phone Manufacturing Scheme, what incentive do Indian brands get?

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Correct answer: A — 5%, plus an additional 3% for Indian design and R&D

TS2 gives Indian brands 5%, plus an additional 3% for Indian design and R&D; up to 1.5% more is available for domestic sourcing of key components.

Q4 Advanced

Consider the following statements about the Mobile Phone Manufacturing Scheme: 1. It follows the PLI scheme for Large Scale Electronics Manufacturing, whose tenure ended on 31 March 2026. 2. To be eligible under Target Segment 1, a manufacturer needs a minimum turnover of ₹10,000 crore in FY 2025-26. Which of the above is/are correct?

Show answer

Correct answer: C — Both 1 and 2

Both are correct. TS1 also requires existing brands to add ₹5,000 crore in sales each year over FY 2025-26.

BRICS Tourism Ministers adopt Jaipur Declaration
Q5

In which city did BRICS Tourism Ministers adopt their 2026 declaration on 21 August 2026?

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Correct answer: A — Jaipur

The BRICS Tourism Ministers' Meeting concluded in Jaipur with the adoption of the Jaipur Declaration.

Q6

Who chaired the BRICS Tourism Ministers' Meeting in Jaipur in August 2026?

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Correct answer: B — Gajendra Singh Shekhawat

Union Minister for Culture and Tourism Gajendra Singh Shekhawat chaired the meeting.

Q7 Advanced

Consider the following statements about the Jaipur Declaration of BRICS Tourism Ministers: 1. 'Artificial Intelligence and Tourism' was one of the four thematic priorities reflected in it. 2. It was adopted by consensus. Which of the above is/are correct?

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Correct answer: C — Both 1 and 2

Both are correct. The other priorities were sustainability, skilling and capacity building, and seamless travel facilitation.

Paradip Port gets 18.5-metre deep-draft capability; ₹427.80-crore projects opened
Q8

What deep-draft capability did Paradip Port mark in August 2026?

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Correct answer: C — 18.5 metres

The projects inaugurated on 21 August 2026 marked Paradip's 18.5-metre deep-draft capability.

Q9 Advanced

The ₹1,580.36-crore concession agreements signed at Paradip Port in August 2026 aim at:

Show answer

Correct answer: D — 100% berth mechanisation by 2030

The three mechanisation projects under these agreements aim at 100% berth mechanisation by 2030.

Q10 Advanced

Consider the following statements about the Paradip Port projects of August 2026: 1. Capital dredging worth ₹352 crore enables the port to handle fully laden Capesize vessels. 2. The projects inaugurated by Sarbananda Sonowal were worth ₹1,580.36 crore. Which of the above is/are correct?

Show answer

Correct answer: A — 1 only

Only statement 1 is correct. The inaugurated projects were worth ₹427.80 crore; ₹1,580.36 crore was the value of the concession agreements.

12th BRICS Communications Ministers' Meeting held in Pune
Q11

Which city hosted the 12th BRICS Communications Ministers' Meeting in August 2026?

Show answer

Correct answer: D — Pune

The 12th BRICS Communications Ministers' Meeting was held in Pune, Maharashtra, on 21 August 2026.

Q12 Advanced

What is the theme of the ICT Track under India's BRICS Chairship in 2026?

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Correct answer: C — Innovate, Cooperate and Transform (ICT) for a Resilient Future

Scindia introduced the ICT Track theme 'Innovate, Cooperate and Transform (ICT) for a Resilient Future', with four pillars.

Q13 Advanced

On the sidelines of the BRICS ICT Track meeting in Pune in August 2026, India signed a telecommunications and ICT MoU with which country?

Show answer

Correct answer: B — Brazil

Jyotiraditya Scindia and Brazil's Communications Minister Frederico de Siqueira Filho signed the MoU.

29 FDI investments worth ₹4,895.65 crore reported under eased land-border rules
Q14

How many FDI investments had been reported under the revised land-bordering-country framework up to 20 August 2026?

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Correct answer: D — 29

29 FDI investments with proposed FDI of ₹4,895.65 crore had been reported up to 20 August 2026.

Q15 Advanced

Under the revised FDI framework of 2026, investors with non-controlling beneficial ownership from land-bordering countries up to what level can use the automatic route?

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Correct answer: B — 10%

Non-controlling LBC beneficial ownership of up to 10% can now come through the automatic route, subject to sectoral caps and reporting.

Q16 Advanced

Consider the following statements about the revised FDI framework for land-bordering-country ownership: 1. It was introduced through Press Note 2 of 2026. 2. Investors using it no longer need to report any information to the government. Which of the above is/are correct?

Show answer

Correct answer: A — 1 only

Only statement 1 is correct. The investor entity may proceed without other approvals only after reporting the relevant information to the government.

India and UK hold 25th Defence Consultative Group meeting
Q17

Which edition of the India–UK Defence Consultative Group meeting was held in New Delhi on 21 August 2026?

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Correct answer: B — 25th

The 25th India–UK Defence Consultative Group meeting was held in New Delhi on 21 August 2026.

Q18 Advanced

The Regional Maritime Security Centre of Excellence (RMSCE), noted at the India–UK DCG meeting, was set up under which initiative?

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Correct answer: A — Indo-Pacific Oceans Initiative (IPOI)

The two sides acknowledged the RMSCE established under the Indo-Pacific Oceans Initiative.

Q19 Advanced

Consider the following statements about the 25th India–UK Defence Consultative Group meeting: 1. It was co-chaired by India's Defence Minister and the UK Defence Secretary. 2. It was held in London. Which of the above is/are correct?

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Correct answer: D — Neither 1 nor 2

Both are wrong. It was co-chaired by India's Defence Secretary Rajesh Kumar Singh and the UK's Permanent Under Secretary for Defence Jeremy Pocklington, in New Delhi.

Centre steps in to curb sugar prices before festive season
Q20

What stock limit did the Centre impose on sugar dealers from 1 August to 30 November 2026?

Show answer

Correct answer: C — 400 tonnes

A stock limit of 400 tonnes was imposed on sugar dealers across the country from 1 August to 30 November 2026.

Q21 Advanced

To improve sugar availability in 2026, the Centre permitted duty-free import of how much raw sugar?

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Correct answer: A — 10 LMT

As a precaution, the government permitted duty-free import of 10 lakh metric tonnes (LMT) of raw sugar.

Q22 Advanced

Consider the following statements about the Centre's August 2026 note on sugar prices: 1. The government attributed the price rise mainly to diversion of sugar for ethanol. 2. Sugar production this season is expected to be about 343 LMT. Which of the above is/are correct?

Show answer

Correct answer: D — Neither 1 nor 2

Both are wrong. The government said ethanol diversion was not the cause (its share fell to about 9%), and output is expected at about 306 LMT; 343 LMT was the states' initial estimate.

14th India–Nepal Joint Working Group on border management meets in Dehradun
Q23

Where was the 14th India–Nepal Joint Working Group meeting on border management held in August 2026?

Show answer

Correct answer: C — Dehradun

The 14th India–Nepal JWG met in Dehradun, Uttarakhand, on 20–21 August 2026.

Q24 Advanced

Consider the following statements about the 14th India–Nepal Joint Working Group meeting: 1. India's delegation was led by a Joint Secretary of the Ministry of External Affairs. 2. The next meeting will be held in India. Which of the above is/are correct?

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Correct answer: D — Neither 1 nor 2

Both are wrong. India's delegation was led by Joint Secretary (BM-I) of the Ministry of Home Affairs, and the next meeting will be in Nepal.

India and ADB sign $230-million loan for Chennai water and sewerage
Q25

How much is the ADB loan signed in August 2026 for Chennai's water supply and sewerage?

Show answer

Correct answer: A — $230 million

India and ADB signed a $230 million loan for the Chennai Climate-Resilient Water Security and Sewerage Project.

Q26 Advanced

Under the ADB-backed project, Chennai will become the first Indian city to implement:

Show answer

Correct answer: C — A comprehensive ring-main water supply solution

Chennai will be the first Indian city to implement a comprehensive ring-main solution, a closed-loop plumbing system that balances water pressure.

Q27 Advanced

Consider the following statements about the Chennai Climate-Resilient Water Security and Sewerage Project: 1. It is financed by a World Bank loan. 2. It will lay over 170 km of pipes and upgrade 7 water and 38 sewer pumping stations. Which of the above is/are correct?

Show answer

Correct answer: B — 2 only

Only statement 2 is correct. The project is financed by a $230 million loan from the Asian Development Bank.

PM Modi meets CEOs and founders of 20 space start-ups
Q28

With the CEOs and founders of how many space start-ups did PM Modi interact on 21 August 2026?

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Correct answer: B — 20

The Prime Minister interacted with CEOs and founders of 20 space start-ups at Seva Teerth.

Q29 Advanced

During his August 2026 interaction with space start-ups, PM Modi suggested greater collaboration with which initiative to nurture young minds' interest in space?

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Correct answer: A — Atal Tinkering Labs

He suggested greater collaboration with Atal Tinkering Labs to nurture curiosity and interest in space among young minds.

Cochin Shipyard delivers 'Mangrol', third anti-submarine shallow water craft, to Navy
Q30

Which shipyard built 'Mangrol', the Anti-Submarine Warfare Shallow Water Craft delivered to the Navy in August 2026?

Show answer

Correct answer: B — Cochin Shipyard Limited

Mangrol is the third ASW Shallow Water Craft built by Cochin Shipyard Limited, Kochi.

Q31 Advanced

The ASW Shallow Water Craft 'Mangrol' is named after a coastal town in which district of Gujarat?

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Correct answer: C — Junagadh

Mangrol is a coastal town and minor port in Junagadh district, Gujarat, known as a fishing harbour.

Q32 Advanced

Consider the following statements about the ship 'Mangrol' delivered in August 2026: 1. It is the first Anti-Submarine Warfare Shallow Water Craft built by Cochin Shipyard. 2. It is propelled by conventional shafts and propellers. Which of the above is/are correct?

Show answer

Correct answer: D — Neither 1 nor 2

Both are wrong. Mangrol is the third ASW SWC built by CSL, and it is propelled by waterjets.

First steering committee meeting held for 57th IFFI in Goa
Q33

When and where will the 57th International Film Festival of India (IFFI) be held?

Show answer

Correct answer: B — Goa, 20–28 November 2026

The 57th IFFI is scheduled to be held in Goa from 20 to 28 November 2026.

CCI penalises agro-input dealer associations for cartelisation
Q34 Advanced

For what conduct did the CCI sanction the Agro Input Dealers Association and Agro Input Welfare Association in August 2026?

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Correct answer: A — Cartelisation

The CCI found them guilty of cartelisation under Section 3(3)(b) read with Section 3(1) of the Competition Act, 2002.