MBA Entrance (XAT, CMAT, MAT) Current Affairs Quiz — Last 6 months
Daily news by your exam, state and topic — each with a short summary, key facts and MCQs.
What is the total corpus of the Startup India Fund of Funds 2.0 notified on 13 April 2026?
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Correct answer: A — ₹10,000 crore
The scheme has a total corpus of ₹10,000 crore.
Consider the following statements about Startup India FoF 2.0: 1. It builds on the Fund of Funds for Startups launched in 2016 under the Startup India Action Plan. 2. SIDBI will operationalise the scheme as the Implementation Agency from the date of notification. Which of the statements given above is/are correct?
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Correct answer: C — Both 1 and 2
Both statements are correct as per the Ministry of Commerce and Industry.
The commitments under Startup India FoF 2.0 to eligible Alternative Investment Funds are spread across which Finance Commission cycles?
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Correct answer: B — 16th and 17th
The corpus is for commitments to eligible AIFs spread across the 16th and 17th Finance Commission cycles.
The 200th birth anniversary commemoration that began on 11 April 2026 honours which social reformer?
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Correct answer: A — Mahatma Jyotiba Phule
The commemoration marks the 200th birth anniversary of Mahatma Jyotiba Phule (1827–1890).
Where were floral tributes to Mahatma Jyotiba Phule offered for the first time within Parliament premises on 11 April 2026?
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Correct answer: B — Prerna Sthal
For the first time, floral tributes were offered at Prerna Sthal in the Parliament House Complex.
Consider the following statements about the Phule 200th birth anniversary commemoration: 1. It is guided by a High-Level Committee chaired by the Prime Minister. 2. It was approved by a National Implementation Committee chaired by the Union Home Minister. Which of the statements given above is/are correct?
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Correct answer: C — Both 1 and 2
Both are correct: a 126-member High-Level Committee chaired by the PM guides it, and the NIC chaired by the Home Minister approved it on 6 April 2026.
Which organisation is the nodal agency for the Mahatma Jyotiba Phule 200th birth anniversary commemorative initiative?
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Correct answer: D — Dr. Ambedkar Foundation
The Dr. Ambedkar Foundation, Ministry of Social Justice & Empowerment, is the nodal agency, with activities anchored at the Dr. Ambedkar International Centre.
What is the notified threshold value for haematite iron ore, below which mined material can be discarded as waste?
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Correct answer: C — 45% Fe (min.)
The notified threshold value for haematite iron ore is 45% Fe (min.).
Under the Mineral Concession (Third Amendment) Rules, 2026, the average sale price of haematite iron ore of 35% to below 45% Fe grade will be what percentage of the ASP of the 45% to below 51% Fe grade?
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Correct answer: B — 75%
For 35% to below 45% Fe, the ASP is 75% of the ASP of the 45% to below 51% Fe grade; for below 35% Fe, it is 50%.
Consider the following statements about the April 2026 amendment to the Mineral Concession rules: 1. Banded Haematite Quartzite (BHQ) and Banded Haematite Jasper (BHJ) are covered by the new ASP methodology. 2. If processing of run-of-mine lowers its economic value, royalty is charged on lumps and fines after initial screening of unprocessed run-of-mine. Which of the statements given above is/are correct?
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Correct answer: C — Both 1 and 2
Both statements are correct as per the Ministry of Mines.