Daily Current Affairs Quiz, 18 June 2026MCQs for UPSC, MPSC, SSC, Banking & Teaching Exams
Practice the Daily Current Affairs Quiz for 18 June 2026 with 15 MCQs and explanations. Questions sourced from The Hindu and Indian Express, selected for UPSC, MPSC, SSC, Banking & Teaching exam preparation. Topics covered include International Relations, Security, Economy and Banking Regulation.
8 Core questions and 7 High Probability questions , AI-ranked by exam importance.
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15
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Explanations
2 Papers
Hindu + IE
Test your knowledge with 15 MCQs from today's current affairs. Each question includes an explanation for UPSC, MPSC, SSC, Banking & Teaching exam preparation.
All Questions in Today's Current Affairs Quiz
Q1Which international organization is mentioned in the MOU to supervise the down-blending of enriched material?
View Answer ▾
Which international organization is mentioned in the MOU to supervise the down-blending of enriched material?
Answer: International Atomic Energy Agency (IAEA)
Paragraph 8 of the MOU states that down-blending will be conducted 'under the supervision of the IAEA'. The IAEA is the global nuclear watchdog responsible for verifying compliance with non-proliferation commitments.
International Relations · Security · Economy · easy
Q2Which committee's recommendations led to the adoption of the Economic Capital Framework for RBI surplus transfers?
View Answer ▾
Which committee's recommendations led to the adoption of the Economic Capital Framework for RBI surplus transfers?
Answer: Bimal Jalan Committee
The Economic Capital Framework was adopted after the Bimal Jalan Committee's recommendations in 2019, determining the RBI's surplus transfer to the government while maintaining adequate contingency reserves.
Economy · Banking Regulation · Governance · easy
Q3Which ministry/department is primarily responsible for implementing the Drugs Rules, 1945, under which Schedule K was amended?
View Answer ▾
Which ministry/department is primarily responsible for implementing the Drugs Rules, 1945, under which Schedule K was amended?
Answer: Ministry of Health and Family Welfare
The Drugs Rules, 1945, are framed under the Drugs and Cosmetics Act, 1940, which is administered by the Ministry of Health and Family Welfare (through the Central Drugs Standard Control Organization).
Health · Governance · Social Issues · easy
Q4Which institution's governing council meeting called for district-level GDP estimates in India?
View Answer ▾
Which institution's governing council meeting called for district-level GDP estimates in India?
Answer: NITI Aayog
The article states that the 'governing council meeting of NITI Aayog' signalled a decisive shift, with the Prime Minister calling for district-level GDP estimates. NITI Aayog is the policy think tank responsible for such strategic planning.
Economy · Governance · easy
Q5Under which Act are Motor Accident Claims Tribunals (MACT) constituted?
View Answer ▾
Under which Act are Motor Accident Claims Tribunals (MACT) constituted?
Answer: Motor Vehicles Act, 1988
MACTs are established under the Motor Vehicles Act, 1988 (Chapter XII) to adjudicate claims for compensation arising from motor vehicle accidents. The Supreme Court judgment in Shishupal arose from a MACT case under this Act.
Polity · Social Issues · easy
Q6Which international agreement signed in 2015 is most directly comparable to the 2026 US-Iran Memorandum of Understanding mentioned in the article?
View Answer ▾
Which international agreement signed in 2015 is most directly comparable to the 2026 US-Iran Memorandum of Understanding mentioned in the article?
Answer: Joint Comprehensive Plan of Action (JCPOA)
The article explicitly compares the 2026 MoU to the 2015 JCPOA, noting that both involve sanctions relief for Iran in exchange for nuclear program limitations. The JCPOA was signed between Iran and the P5+1 countries.
International Relations · Security · Economy · easy
Q7Which international organization is primarily responsible for monitoring nuclear non-proliferation and safeguards, and is referenced in the article through the writer's former role?
View Answer ▾
Which international organization is primarily responsible for monitoring nuclear non-proliferation and safeguards, and is referenced in the article through the writer's former role?
Answer: International Atomic Energy Agency (IAEA)
The writer is identified as the former Governor of India to the IAEA. The IAEA is the UN body that implements safeguards and verifies compliance with the NPT, making it central to the nuclear deal mentioned in the article.
International Relations · Security · Economy · easy
Q8Which section of the Prevention of Money Laundering Act (PMLA) empowers the Enforcement Directorate to arrest a person on the basis of 'reason to believe'?
View Answer ▾
Which section of the Prevention of Money Laundering Act (PMLA) empowers the Enforcement Directorate to arrest a person on the basis of 'reason to believe'?
Answer: Section 19
Section 19(1) of PMLA empowers ED officers to arrest a person if they have 'reason to believe' that the person is guilty of an offence under PMLA, based on material in their possession. Section 50 deals with the power to summon persons, not arrest.
Polity · Governance · easy
Q9Which international body will endorse the final deal between the US and Iran under the Islamabad Memorandum of Understanding?
View Answer ▾
Which international body will endorse the final deal between the US and Iran under the Islamabad Memorandum of Understanding?
Answer: United Nations Security Council (UNSC)
Point 14 of the MoU explicitly states that the final deal between the two countries will be endorsed by a binding United Nations Security Council resolution. The IAEA is involved only in nuclear supervision (point 8), not endorsement.
International Relations · Security · Economy · easy
Q10Which ministry is primarily responsible for conducting the National Family Health Survey (NFHS) in India?
View Answer ▾
Which ministry is primarily responsible for conducting the National Family Health Survey (NFHS) in India?
Answer: Ministry of Health and Family Welfare
The NFHS is conducted by the Ministry of Health and Family Welfare (MoHFW) under the aegis of the Government of India. It is a large-scale, multi-round survey that provides data on health and nutrition indicators across states and union territories.
Social Issues · Governance · easy
Q11Consider the following statements regarding the U.S.-Iran MOU:
1. The MOU includes a commitment to permanently terminate military operations in Lebanon.
2. The United States will remove its naval blockade against Iran within 60 days of signing.
3. The final deal will be endorsed by a binding UN Security Council resolution.
Which of the statements given above is/are correct?
View Answer ▾
Consider the following statements regarding the U.S.-Iran MOU:
1. The MOU includes a commitment to permanently terminate military operations in Lebanon.
2. The United States will remove its naval blockade against Iran within 60 days of signing.
3. The final deal will be endorsed by a binding UN Security Council resolution.
Which of the statements given above is/are correct?
Answer: Both 1 and 3
Statement 1 is correct as Paragraph 1 declares 'permanent termination of military operations on all fronts, including in Lebanon'. Statement 2 is incorrect because Paragraph 4 says the naval blockade will be fully ended 'within 30 days', not 60. Statement 3 is correct as Paragraph 14 states 'The final deal will be endorsed by a binding UNSC resolution'.
International Relations · Security · Economy · hard
Q12Consider the following statements regarding the RBI's surplus transfer:
1. The record surplus transfer of ₹2.87 lakh crore for FY26 is the largest ever.
2. These transfers are included in the divisible pool for fiscal devolution to states.
3. The RBI's balance sheet grew by over 20% to reach ₹91.97 lakh crore by March 2026.
Which of the statements given above is/are correct?
View Answer ▾
Consider the following statements regarding the RBI's surplus transfer:
1. The record surplus transfer of ₹2.87 lakh crore for FY26 is the largest ever.
2. These transfers are included in the divisible pool for fiscal devolution to states.
3. The RBI's balance sheet grew by over 20% to reach ₹91.97 lakh crore by March 2026.
Which of the statements given above is/are correct?
Answer: Both 1 and 3
Statement 1 is correct as ₹2.87 lakh crore exceeds the previous record of ₹2.11 lakh crore. Statement 2 is incorrect—these transfers bypass fiscal devolution to states entirely (not part of divisible pool). Statement 3 is correct as RBI's balance sheet increased by 20.6% to ₹91.97 lakh crore.
Economy · Banking Regulation · Governance · hard
Q13Consider the following statements:
1. Cough syrups were previously included in Schedule K of the Drugs Rules, 1945, which allowed their sale without a prescription.
2. The recent amendment removes all syrup-based medicines from Schedule K, including those containing opioids like codeine.
3. The amendment was prompted by the deaths of over 20 children in Jammu in October 2025.
Which of the statements given above is/are correct?
View Answer ▾
Consider the following statements:
1. Cough syrups were previously included in Schedule K of the Drugs Rules, 1945, which allowed their sale without a prescription.
2. The recent amendment removes all syrup-based medicines from Schedule K, including those containing opioids like codeine.
3. The amendment was prompted by the deaths of over 20 children in Jammu in October 2025.
Which of the statements given above is/are correct?
Answer: Both 1 and 2
Statement 1 is correct: cough syrups were in Schedule K (OTC list). Statement 2 is correct: the amendment removes all syrup-based medicines from Schedule K. Statement 3 is incorrect: the deaths in October 2025 occurred in Madhya Pradesh and Rajasthan, not Jammu (the Jammu deaths were in Dec 2019-Jan 2020).
Health · Governance · Social Issues · hard
Q14According to the MOU, what is the amount committed by the United States for reconstruction and economic development of Iran?
View Answer ▾
According to the MOU, what is the amount committed by the United States for reconstruction and economic development of Iran?
Answer: $300 billion
Paragraph 6 explicitly states 'at least $300 billion for the reconstruction and economic development of the Islamic Republic of Iran'. The other options are close distractors not mentioned in the text.
International Relations · Security · Economy · medium
Q15What was the amount of the RBI's record surplus transfer to the Union government for FY26, as mentioned in the article?
View Answer ▾
What was the amount of the RBI's record surplus transfer to the Union government for FY26, as mentioned in the article?
Answer: ₹2.87 lakh crore
The article clearly states the RBI approved a record surplus transfer of ₹2.87 lakh crore for FY26. The other options are previous transfers: ₹2.11 lakh crore (FY24), ₹2.69 lakh crore (approx FY25), ₹1.76 lakh crore (post-2019).
Economy · Banking Regulation · Governance · medium
Topics Covered
Relevant for UPSC Prelims, MPSC, SSC CGL, Banking , Teaching and State PSC exams.
Articles Covered
- U.S.-Iran MOU: Nuclear Non-Procurement, $300B Reconstruction, Sanctions Termination in 60 Days
- RBI Transfer Record ₹2.87 Lakh Crore to Centre: Fiscal Role & Federal Concerns
- Centre Removes Cough Syrups from Schedule K of Drugs Rules 1945 After 140+ Child Deaths
- NITI Aayog Pushes District-Level GDP Estimation for Granular Economic Planning
- SC Fixes Homemaker's Economic Value at ₹30,000/Month in Landmark Shishupal MACT Compensation Judgment
- US-Iran Ceasefire Deal: Strait of Hormuz Reopens, Iran Gets Oil Revenue Waivers
- US-Iran 14-Point MoU Restores Status Quo, 60-Day Nuclear Deal Negotiations Begin
- Karnataka HC Declares Gameskraft Directors' Arrest Illegal Under PMLA Section 19
- US-Iran 14-Point Islamabad MoU Ends Gulf War, Reopens Strait of Hormuz, Iran Dilutes Uranium
- NFHS-6, NSO Health Report Reveal Rising NCDs; Need for Data-Driven Policy Action
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For UPSC, MPSC, SSC, Banking & Teaching exams, reading current affairs is only half the work. Practising MCQs immediately after reading triggers active recall, which is scientifically proven to improve long-term retention compared to passive reading.
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Frequently Asked Questions
What topics are covered in the 18 June 2026 current affairs quiz?▼
The 18 June 2026 quiz covers International Relations, Security, Economy, Banking Regulation with 15 MCQs sourced from The Hindu and Indian Express.
How to use 18 June 2026 daily quiz for UPSC preparation?▼
Attempt the quiz after reading the daily current affairs. Focus on understanding the explanation for each question. Link each topic to your static GK notes for comprehensive preparation.
How many MCQs should I practice daily for competitive exams?▼
Experts recommend 10-20 current affairs MCQs daily. This takes only 5-7 minutes but significantly improves retention through active recall, which is more effective than passive reading.
Are these quiz questions based on The Hindu and Indian Express?▼
Yes. All questions are derived from important news articles published in The Hindu and Indian Express, filtered and ranked by AI for exam relevance across UPSC, MPSC, SSC, Banking & Teaching exams.
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