SF Prep

Current Affairs Quiz — 14 October 2026

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

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17 news · 44 MCQs
Score: 0 / 0 attempted · 44 questions
CCEA approves sale of 60.72% stake in IDBI Bank to Fairfax for about ₹52,878 crore
Q1

In October 2026, a subsidiary of which company was approved as the strategic buyer of IDBI Bank?

Show answer

Correct answer: A — Fairfax Financial Holdings

PIB (PRID 2323468): CCEA approved M/s 10955230 Canada Inc., parent entity Fairfax Financial Holdings Ltd., as the strategic buyer.
Q2

What aggregate equity stake in IDBI Bank is being sold to the strategic buyer under the deal approved in October 2026?

Show answer

Correct answer: B — 60.72%

PIB: 60.72% is being sold — 30.48% held by GoI and 30.24% held by LIC.
Q3 Advanced

What was the winning best-offer bid per share in the IDBI Bank strategic sale approved in October 2026?

Show answer

Correct answer: C — ₹81

PIB: the winning bid of ₹81 per share was above the benchmark price of ₹75.99, so it was approved.
Q4 Advanced

After the IDBI Bank transaction, what residual shareholding will the Government of India and LIC hold, respectively?

Show answer

Correct answer: D — 15% and 19%

PIB: residual shareholding of 15% with GoI and 19% with LIC.
Q5 Advanced

On which date did the RBI place IDBI Bank under its Prompt Corrective Action (PCA) framework?

Show answer

Correct answer: A — 5 May 2017

PIB background: RBI put IDBI Bank under PCA on 5 May 2017 and lifted the restrictions by letter dated 10 March 2021.
Cabinet extends NSAP till 2030-31 with ₹53,428 crore; renamed Pradhan Mantri Samajik Sahayata Yojana
Q6

In October 2026, the National Social Assistance Programme (NSAP) was renamed as:

Show answer

Correct answer: B — Pradhan Mantri Samajik Sahayata Yojana

PIB (PRID 2323264): NSAP is renamed Pradhan Mantri Samajik Sahayata Yojana.
Q7 Advanced

Under the revised divyangjan pension approved in October 2026, what is the benchmark disability criterion?

Show answer

Correct answer: C — 40%

PIB: the criterion for benchmark disability will be 40% against 80% at present, in line with the RPwD Act 2016.
Q8 Advanced

What total outlay was approved in October 2026 for continuing NSAP from 2026-27 to 2030-31?

Show answer

Correct answer: D — ₹53,428 crore

PIB: total outlay of ₹53,428 crore for five years.
Q9 Advanced

NSAP, launched on 15 August 1995, fulfils the Central Government's responsibility under which Article of the Constitution?

Show answer

Correct answer: A — Article 41

PIB background: NSAP fulfils the Centre's responsibility under the Directive Principles in Article 41 (right to public assistance in old age, sickness, disablement).
Centre sets up Prof. Ramesh Chand committee on issues of sugarcane farmers and the sugar sector
Q10

Who chairs the committee constituted in October 2026 to examine issues of sugarcane farmers and the sugar sector?

Show answer

Correct answer: C — Prof. Ramesh Chand

PIB (PRID 2323450): committee under the chairmanship of Prof. Ramesh Chand, former Member of NITI Aayog.
Q11 Advanced

Sugarcane farmers' representatives from which two States met Union Ministers before the October 2026 sugarcane committee was constituted?

Show answer

Correct answer: D — Karnataka and Maharashtra

PIB: the committee follows a meeting of sugarcane farmers' representatives from Karnataka and Maharashtra with Union Ministers.
World Standards Day 2026: BIS launches Silver Refinery Scheme and releases seven new Indian Standards
Q12

What was the theme of World Standards Day 2026 as observed by the Bureau of Indian Standards?

Show answer

Correct answer: C — Shared Vision for a Better World: SDG 7 (Clean & Affordable Energy)

PIB (PRID 2323467): theme was 'Shared Vision for a Better World: SDG 7 (Clean & Affordable Energy)'.
Q13 Advanced

Under the BIS Silver Refinery Scheme launched in October 2026, silver bullion and coins of which purity grades can be hallmarked?

Show answer

Correct answer: D — 999.9, 999.5 and 999.0

PIB: fine silver bullion and coins of three purity grades — 999.9, 999.5 and 999.0 ppt — are covered.
Q14 Advanced

Among the new Indian Standards released by BIS on World Standards Day 2026, IS 19967:2026 covers:

Show answer

Correct answer: A — Cables for electric vehicle charging systems

PIB (PRID 2323467): IS 19967:2026 is for Cables for Electric Vehicle Charging Systems; IS 19891:2026 is for pedal-assisted bicycles.
WPI inflation rises to 11.39% in September 2026 from 9.92% in August
Q15

What was India's provisional WPI inflation (year-on-year) for September 2026?

Show answer

Correct answer: D — 11.39%

PIB (PRID 2323098): WPI inflation for September 2026 is 11.39% vs 9.92% in August 2026.
Q16 Advanced

Which major group recorded the highest year-on-year WPI inflation in September 2026?

Show answer

Correct answer: A — Fuel and Power

PIB: Fuel and Power 25.85%, Manufactured Products 9.76%, Primary Articles 8.67%.
Q17 Advanced

What is the base year of the WPI series used for the September 2026 data?

Show answer

Correct answer: B — 2022-23

PIB: Provisional Estimates of WPI (Base Year 2022-23).
Indian Navy completes its maiden command of Combined Task Force 154 at Manama, Bahrain
Q18

Where was the ceremony held on 14 October 2026 at which the Indian Navy relinquished command of Combined Task Force 154?

Show answer

Correct answer: B — Manama, Bahrain

PIB (PRID 2323572): relinquishment ceremony held in Manama, Bahrain, on 14 Oct 2026.
Q19 Advanced

Combined Task Force 154 of the Combined Maritime Forces is primarily a:

Show answer

Correct answer: C — Multinational maritime training task force

PIB: CTF 154, established in May 2023, is CMF's dedicated multinational maritime training task force.
Q20 Advanced

Which was the first major CMF training exercise hosted by India during its command of CTF 154?

Show answer

Correct answer: D — Operation Southern Readiness 26-2

PIB: Operation Southern Readiness 26-2 at Southern Naval Command, Kochi (20-23 Jul 2026) was the first major CMF training exercise hosted by India.
Canadian Foreign Minister Anita Anand calls on PM Modi and meets EAM Jaishankar in New Delhi
Q21

Who is the Foreign Minister of Canada who called on PM Narendra Modi in New Delhi on 14 October 2026?

Show answer

Correct answer: A — Anita Anand

PIB (PRID 2323495) and MEA: Foreign Minister of Canada, Ms. Anita Anand, called on PM Modi and met EAM Jaishankar.
Q22 Advanced

During the Canadian Foreign Minister's visit in October 2026, PM Modi stressed early conclusion of negotiations on which India-Canada agreement?

Show answer

Correct answer: B — Comprehensive Economic Partnership Agreement (CEPA)

PIB: PM emphasised early conclusion of negotiations on a Comprehensive Economic Partnership Agreement (CEPA).
Maharashtra adds 40 talukas to drought list, taking total to 305; ₹5,000 aid per farmer before Diwali
Q23

After adding 40 talukas in October 2026, how many talukas of Maharashtra are on the drought-hit list?

Show answer

Correct answer: A — 305

HT, NDTV and Deccan Herald: 40 more talukas were added, taking the total from 265 to 305 (State has 358 talukas).
Q24 Advanced

How much initial assistance per farmer did Maharashtra announce in October 2026, to be deposited before Diwali in drought-hit areas?

Show answer

Correct answer: B — ₹5,000

HT and NDTV: ₹5,000 to be deposited in farmers' bank accounts before Diwali.
Centre approves India's accession to the Southern Indian Ocean Fisheries Agreement (SIOFA)
Q25

In October 2026, the Central Government approved India's accession to which regional fisheries agreement?

Show answer

Correct answer: C — Southern Indian Ocean Fisheries Agreement (SIOFA)

PIB (PRID 2323370): Centre approved India's accession to SIOFA. India is already an IOTC member since 1996.
Q26 Advanced

Since which year had India been a Cooperating Non-Contracting Party (CNCP) of SIOFA before its accession was approved?

Show answer

Correct answer: D — 2022

PIB: India has been a CNCP of SIOFA since 2022.
Q27 Advanced

Which Indian Ocean RFMO, of which India has been a Contracting Party since 1996, regulates highly migratory tuna and tuna-like species?

Show answer

Correct answer: A — Indian Ocean Tuna Commission (IOTC)

PIB backgrounder: India has been a Contracting Party to the IOTC since 1996, which regulates tuna and tuna-like species.
Rajnath Singh addresses first ASEAN-India Defence Think Tank Forum at MP-IDSA, New Delhi
Q28

Where was the first ASEAN-India Defence Think Tank Forum held in October 2026?

Show answer

Correct answer: A — MP-IDSA, New Delhi

PIB (PRID 2323085): the maiden forum was held at MP-IDSA, New Delhi, on 14 October 2026.
Q29 Advanced

According to Rajnath Singh at the forum in October 2026, the year 2026 has been designated as the ASEAN-India Year of:

Show answer

Correct answer: B — Maritime Cooperation

PIB: 2026 has been designated as ASEAN-India Year of Maritime Cooperation.
Supreme Court: fees for professional courses cannot be raised midstream; fee for entire course to be notified before admission
Q30

Which Supreme Court Bench held in October 2026 that fees for professional courses cannot be changed midstream except in exceptional circumstances?

Show answer

Correct answer: D — Justices P.S. Narasimha and Alok Aradhe

Supreme Court judgment (14 October 2026) and The Hindu: the ruling was given by a Bench of Justices P.S. Narasimha and Alok Aradhe.
Q31 Advanced

Under the AICTE Regulations, 1994, cited by the Supreme Court in its October 2026 fee ruling, fees for professional colleges can be revised with a minimum gap of how many years?

Show answer

Correct answer: A — 3 years

Supreme Court judgment: under Regulations 7(1), 7(4) and 7(5) of the AICTE Regulations 1994, fees can be revised only on the Committee's recommendation with a minimum gap of 3 years.
Q32 Advanced

According to NSSO data cited by the Supreme Court in its October 2026 ruling, fees for professional courses are how much higher than those for general courses?

Show answer

Correct answer: B — 711%

Supreme Court judgment and The Hindu: NSSO data showed professional course fees to be 711% higher than general courses.
Padma Shri farmer Cheruvayal Raman, Wayanad's 'Nellachan' who conserved native paddy seeds, passes away
Q33

Cheruvayal Raman, who died in October 2026, was known for conserving:

Show answer

Correct answer: C — Traditional paddy seed varieties

The Hindu and Indian Express: Raman was a renowned conservationist of traditional/indigenous paddy seed varieties.
Q34

Padma Shri awardee Cheruvayal Raman, who died on 14 October 2026, belonged to which district of Kerala?

Show answer

Correct answer: D — Wayanad

The Hindu and Indian Express: he was a tribal farmer from Wayanad.
Q35 Advanced

In which year was Cheruvayal Raman conferred the Padma Shri?

Show answer

Correct answer: A — 2023

The Hindu and Indian Express: he was honoured with the Padma Shri in 2023.
TDB signs ₹151 crore RDI Fund agreement with ideaForge for YETI heavy-lift autonomous cargo UAV
Q36

YETI, a heavy-lift autonomous aerial logistics vehicle supported by TDB under the RDI Fund in October 2026, is being developed by which company?

Show answer

Correct answer: B — ideaForge Technology Limited

PIB (PRID 2323134): TDB signed the ₹151 crore agreement with ideaForge Technology Limited, Mumbai, to develop YETI.
Q37 Advanced

What is the designed payload capacity of the YETI heavy-lift UAV supported by TDB?

Show answer

Correct answer: C — Up to 200 kg

PIB: YETI is designed to carry payloads of up to 200 kg with a targeted range of up to 200 km.
Ministry of Cooperation mandates MSCARO 2026 audit reporting framework for Multi-State Cooperative Societies
Q38 Advanced

The Multi-State Co-operative Societies (Auditor's Report) Order, 2026 (MSCARO) is modelled on which framework?

Show answer

Correct answer: A — Companies (Auditor's Report) Order (CARO)

PIB (PRID 2323313): MSCARO is modelled on the Companies (Auditor's Report) Order (CARO) of the corporate sector.
Q39 Advanced

In its initial phase, MSCARO, 2026 will cover Multi-State Cooperative Societies crossing which threshold?

Show answer

Correct answer: B — ₹1,000 crore

PIB: the initial phase will cover larger societies crossing the ₹1,000 crore threshold; the long-term aim is ₹50 crore.
Cabinet approves 78-day Productivity Linked Bonus worth ₹2,009.61 crore for 11.40 lakh railway employees
Q40

Productivity Linked Bonus equal to how many days' wages was approved for railway employees in October 2026?

Show answer

Correct answer: B — 78 days

PIB (PRID 2323256): PLB of 78 days' wages for 11,40,770 railway employees.
Q41 Advanced

What is the maximum Productivity Linked Bonus payable per eligible railway employee under the October 2026 approval?

Show answer

Correct answer: C — ₹17,951

PIB: maximum amount payable per eligible railway employee is ₹17,951 for 78 days.
West Bengal Cabinet approves recruitment to 45,185 posts and Puja package for closed tea garden workers
Q42

How many government posts did the West Bengal Cabinet approve for recruitment on 14 October 2026?

Show answer

Correct answer: C — 45,185

Indian Express and BusinessLine (PTI): the Cabinet approved recruitment to 45,185 posts.
Q43 Advanced

What festive package did West Bengal approve in October 2026 for workers of closed tea gardens?

Show answer

Correct answer: D — ₹5,000 and an extra 50 kg of rice

Indian Express and BusinessLine: ₹5,000 and 50 kg rice, over and above the existing 35 kg monthly quota.
High-Level Committee on Demographic Changes launches public portal demography.mha.gov.in
Q44

Who chairs the High-Level Committee on Demographic Changes (HLCDC) that launched its portal in October 2026?

Show answer

Correct answer: D — Justice Prakash Prabhakar Naolekar (Retd.)

PIB (PRID 2323428): HLCDC Chairman Justice Prakash Prabhakar Naolekar (Retd.) launched the portal demography.mha.gov.in.