Daily Current Affairs Prelims Practice (15-09-2026)

1.       Which of the following best describes the purpose of scale-based regulation of NBFCs?

(a)     Increasing regulatory requirements according to an institution’s size, activities and potential risks

(b)     Applying identical requirements to all financial institutions regardless of their activities

(c)     Regulating institutions solely according to whether they are publicly or privately owned

(d)     Requiring every NBFC to become a commercial bank once its assets increase

2.      With reference to Non-Banking Financial Companies (NBFCs), consider the following statements:

1. They can provide loans and advances.
2. Every RBI-registered NBFC is permitted to accept public deposits.
3. They cannot accept demand deposits like banks.

Which of the above statements are correct?

(a)     1 and 2 only

(b)     2 and 3 only

(c)     1, 2 and 3

(d)     1 and 3 only

3.      With reference to the listing of a company’s shares on a stock exchange, consider the following statements:

1. Listing can make it easier for shareholders to sell their shares.
2. Listing necessarily causes the existing promoters to lose majority ownership.
3. Listing can subject the company to additional disclosure and governance requirements.

Which of the above statements are correct?

(a)     1 and 2 only

(b)     2 and 3 only

(c)     1 and 3 only

(d)     1, 2 and 3

4.      Consider the following statements about rock weathering and the carbon cycle:

1. Silicate weathering involving carbonic acid can contribute to long-term removal of atmospheric carbon dioxide.
2. Sulphuric acid produced through sulphide oxidation can react with carbonate rocks and release carbon dioxide.
3. Faster erosion necessarily makes every mountain region a net carbon sink.

Which of the above statements are correct?

(a)     1 and 2 only

(b)     2 and 3 only

(c)     1 and 3 only

(d)     1, 2 and 3

5.      Consider the following countries:

1. Ethiopia
2. Eritrea
3. Djibouti
4. Somalia

Which of the above is landlocked?

(a)     Eritrea

(b)     Ethiopia

(c)     Djibouti

(d)     Somalia

6.      With reference to quantum entanglement, consider the following statements:

1. Entangled particles can exhibit correlations that cannot be fully explained by classical physics.
2. Entanglement allows a person to transmit a chosen message faster than light.
3. Interactions with the environment can degrade entanglement.

Which of the above statements are correct?

(a)     1 and 3 only

(b)     1 and 2 only

(c)     2 and 3 only

(d)     1, 2 and 3

7.      With reference to the National Commission for Protection of Child Rights (NCPCR), consider the following statements:

1. It is a statutory body established under the Commissions for Protection of Child Rights Act, 2005.
2. Its mandate covers children below 18 years of age.
3. It can examine child-rights violations on its own initiative, without waiting for a formal complaint.

Which of the above statements are correct?

(a)     1 and 2 only

(b)     1, 2 and 3

(c)     2 and 3 only

(d)     1 and 3 only

8.      An Indian importer pays a foreign exporter in rupees. However, the exporter buys few Indian goods and has limited opportunities to invest the rupees received.

Which measure would most directly address the exporter’s concern?

(a)     Making the payment application faster without changing how the rupees can be used

(b)     Requiring every invoice to display the Indian flag

(c)     Expanding practical opportunities to spend, invest or convert the rupee earnings

(d)     Increasing the number of banks that send payment notifications

9.      Consider the following measures:

1. Sharing early warnings of cyclones across national borders
2. Developing drought-tolerant crop varieties
3. Constructing flood-resilient public infrastructure
4. Expanding emergency shelters in vulnerable coastal areas

How many of the above primarily support climate adaptation or disaster-risk reduction?

(a)     Only one

(b)     Only two

(c)     Only three

(d)     All four

10.    A ship travelling from the Arabian Sea to the Mediterranean Sea through the Red Sea would ordinarily follow which sequence?

(a)     Strait of Hormuz → Persian Gulf → Suez Canal → Mediterranean Sea

(b)     Gulf of Aden → Suez Canal → Red Sea → Bab el-Mandeb

(c)     Gulf of Aden → Bab el-Mandeb → Red Sea → Suez Canal

(d)     Bab el-Mandeb → Gulf of Aden → Strait of Malacca → Suez Canal

ANSWERS for Daily Current Affairs Prelims Practice (15-09-2026):

1.    Answer: (a)

2.   Answer: (d)

3.   Answer: (c)

4.   Answer: (a)

5.   Answer: (b)

6.   Answer: (a)

7.   Answer: (b)

8.   Answer: (c)

9.   Answer: (d)

10. Answer: (c)

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