CURRENT AFFAIRS QUIZ (FOR ALL EXAMs) 16 JULY 2026

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Question: With reference to BRICS CONNECT, consider the following statements:
1. It is a new platform to facilitate digital payments among BRICS member countries.
2. It was launched at the 12th BRICS Labour and Employment Ministers’ Meeting held in Hyderabad.
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) 1 and 2 both
(d) Neither 1 nor 2
Ans (b)

Question: The Falkland Islands — or Islas Malvinas, which were recently in the news, have remained at the centre of a sovereignty dispute between:
(a) Spain and Argentina
(b) France and Spain
(c) Argentina and the UK
(d) The UK and France
Ans (c)

Question: With reference to the India–United Kingdom Comprehensive Economic and Trade Agreement (CETA), consider the following statements:
1. It entered into force on 10 July 2026..
2. It provides zero-duty market access for nearly 99% of India’s exports to the UK.
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) 1 and 2 both
(d) Neither 1 nor 2
Ans (b)

Question: With reference to the agreement on the India–UK Double Contribution Convention (DCC), consider the following statements:
1. It entered into force on 15 July 2026..
2. Indian professionals on assignments of up to 60 months in the UK will no longer have to make dual social security contributions.
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) 1 and 2 both
(d) Neither 1 nor 2
Ans (c)

Question: With reference to the Caspian Sea recently in the news, consider the following statements:
1. It is the world’s largest enclosed inland body of water.
2. It contains fresh water.
3. Its coastline is shared by five countries.
Which of the statements given above is/are correct?
(a) 1 only
(b) 1 and 3 only
(c) 2 and 3 only
(d) 1, 2 and 3
Ans (b)

Question: With reference to recently approved Semicon 2.0 by the Union Cabinet, consider the following statements:
1. It has been approved with a budget outlay of ₹1,27,500 crore.
2. Semicon 2.0 has been designed around six key pillars.
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) 1 and 2 both
(d) Neither 1 nor 2
Ans (c)

Question: Antarctic icefish, recently seen in the news, is unique among vertebrates because it:
(a) Can survive without a heart.
(b) Lacks haemoglobin and red blood cells as an adult.
(c) Is the only vertebrate capable of photosynthesis.
(d) Lives only in freshwater lakes beneath Antarctic ice.
Answer: (b)

Question: With reference to the recently launched Mobile Phone Manufacturing Scheme (MPMS) by the Union Cabinet, consider the following statements:
1. The scheme will be implemented over five years from FY 2026-27 to FY 2030-31.
2. Under the scheme, manufacturers will receive incentive support on eligible sales of mobile phones produced in India at a uniform rate of 10 per cent.
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) 1 and 2 both
(d) Neither 1 nor 2
Ans (a)

Question: With reference to the National Investment Policy for Urea-2026 for Atmanirbhar Bharat (NIPU-2026), consider the following statements:
1. It provides for conversion of fixed cost into INR after four years based on prevailing exchange rates.
2. It includes a viable Return on Equity (RoE) band with a floor at 12% and a ceiling at 16%.
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) 1 and 2 both
(d) Neither 1 nor 2
Ans (c)

Question: Cyclospora cayetanensis, recently seen in the news, is a:
(a) Virus causing acute hepatitis
(b) Bacterium causing food poisoning
(c) Parasite causing intestinal illness
(d) Fungus causing skin infections
Answer: (c)

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