Quiz, 29 August 2026
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Daily Current Affairs Quiz, 29 August 2026MCQs for UPSC, MPSC, SSC, Banking & Teaching Exams

Practice the Daily Current Affairs Quiz for 29 August 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.

9 Core questions and 6 High Probability questions , AI-ranked by exam importance.

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15

MCQs

5-7 min

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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

Q1

Which ministry is primarily responsible for India's 'Connect Central Asia' policy?

View Answer ▾

Answer: Ministry of External Affairs

The 'Connect Central Asia' policy is a foreign policy framework aimed at deepening India's strategic, economic, and cultural ties with the five Central Asian republics. It is formulated and implemented by the Ministry of External Affairs (MEA), which oversees India's diplomatic engagements.

International Relations · Security · Economy · easy

Q2

Which US department negotiated the Venezuela oil deal according to the article?

View Answer ▾

Answer: Department of State

The article states the deal was negotiated by Secretary of State Marco Rubio, along with Defense Secretary Pete Hegseth and Venezuela's interim President Delcy Rodriguez. The State Department leads foreign policy and treaty negotiations.

International Relations · Economy · Security · easy

Q3

Which ministry is primarily responsible for coordinating India's foreign policy and diplomatic visits like the Prime Minister's SCO visit?

View Answer ▾

Answer: Ministry of External Affairs

The Ministry of External Affairs (MEA) handles India's foreign relations, including diplomatic visits, multilateral engagements, and policy formulation for international organizations like SCO, BRICS, and UNSC.

International Relations · easy

Q4

Which institution operates the FCNR(B) swap window mentioned in the news?

View Answer ▾

Answer: Reserve Bank of India

The FCNR(B) swap window is operated by the Reserve Bank of India (RBI), which bears the full exchange rate risk on these NRI deposits. The Ministry of Finance coordinates policy but the operational mechanism is with RBI, as clearly stated in the article.

Economy · Banking Regulation · easy

Q5

Which constitutional article empowers Parliament to provide for adjudication of disputes relating to inter-state rivers?

View Answer ▾

Answer: Article 262

Article 262 of the Constitution allows Parliament to provide for adjudication of disputes relating to inter-state rivers and river valleys, and to exclude such disputes from the jurisdiction of the Supreme Court. The Inter-State River Water Disputes Act, 1956, was enacted under this article.

Polity · State Governance · Environment · medium

Q6

Which institution is responsible for setting the repo rate in India?

View Answer ▾

Answer: Reserve Bank of India

The repo rate is the rate at which the RBI lends to commercial banks. The article mentions the RBI cutting the repo rate by 125 bps between December 2024 and December 2025.

Economy · International Relations · Banking Regulation · easy

Q7

In which year did India become a full member of the Shanghai Cooperation Organisation (SCO)?

View Answer ▾

Answer: 2017

The article clearly states: 'In 2017, India also became a full member of the SCO.' 2015 was the year of PM Modi's visit to all five Central Asian republics, not the year of membership. 2001 is the founding year of SCO, and 2026 is the year of the Bishkek summit.

International Relations · Security · easy

Q8

Which article of the Constitution of India deals with the appointment of judges of a High Court?

View Answer ▾

Answer: Article 217

Article 217 of the Constitution deals with the appointment and conditions of the office of a High Court judge. Article 124 deals with the Supreme Court, Article 214 deals with High Courts for states, and Article 224 deals with additional and acting judges of a High Court.

Polity · Governance · easy

Q9

Which institution is primarily responsible for implementing monetary policy in India, as referenced in the article's mention of policy rate cuts?

View Answer ▾

Answer: Reserve Bank of India (RBI)

The article states 'policy rates were cut effectively by 150 basis points' – this refers to the RBI's Monetary Policy Committee (MPC) decisions on repo rate and other policy rates. RBI is the central bank responsible for monetary policy in India.

Economy · International Relations · Trade · easy

Q10

Consider the following statements regarding the Shanghai Cooperation Organisation (SCO):

1. India became a full member of the SCO in 2017.

2. The SCO currently has 10 member states, including Iran and Belarus.

3. The 26th SCO Summit was held in Uzbekistan.

Which of the statements given above is/are correct?

View Answer ▾

Answer: Both 1 and 2

Statement 1 is correct: India and Pakistan became full members of the SCO in 2017. Statement 2 is correct: The SCO comprises 10 member states including India, Belarus, China, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan, and Uzbekistan. Statement 3 is incorrect: The 26th SCO Summit was held in Bishkek, Kyrgyz Republic, not Uzbekistan.

International Relations · Security · Economy · hard

Q11

Consider the following statements regarding the US-Venezuela oil deal:

1. The deal involves control of 65 billion barrels of Venezuelan oil reserves.

2. The deal was announced after the US captured Venezuela's President Hugo Chavez.

3. The deal aims to bring $100 billion in private investment into Venezuela.

Which of the statements given above is/are correct?

View Answer ▾

Answer: Both 1 and 3

Statement 1 is correct as the article mentions control of 65 billion barrels. Statement 2 is incorrect - the captured president was Nicolas Maduro, not Hugo Chavez (who died in 2013). Statement 3 is correct as Rubio posted that the deal would usher in $100 billion in private investment.

International Relations · Economy · Security · hard

Q12

Consider the following statements based on the news:

1. India's trade with Central Asia grew from $500 million in 2010 to over $2 billion in 2025.

2. The SCO presidency will be handed over to Pakistan for the year 2027.

3. The India-Central Asia Summit was last held in-person in January 2022.

Which of the statements given above is/are correct?

View Answer ▾

Answer: Both 1 and 2

Statement 1 is correct: the article states trade grew from $500 million to over $2 billion between 2010 and 2025. Statement 2 is correct: Kyrgyz President Japarov will hand over SCO presidency to Pakistan for 2027. Statement 3 is incorrect: the summit was held virtually in January 2022 due to COVID-19, not in-person.

International Relations · hard

Q13

What was the approximate bilateral trade between India and Uzbekistan in 2025-26?

View Answer ▾

Answer: $1 billion

The article states that India is among the top 10 trading partners of Uzbekistan, and the bilateral trade in 2025-26 stood close to $1 billion. The other options are plausible distractors but do not match the exact figure mentioned.

International Relations · Security · Economy · medium

Q14

According to the article, what was the average gas price in the US on August 28, 2026?

View Answer ▾

Answer: $4.09 per gallon

The article explicitly states the average price of gas stood at about $4.09 a gallon on Friday (August 28, 2026) according to AAA. The price a year earlier was $3.21.

International Relations · Economy · Security · medium

Q15

According to the article, what was the volume of India's trade with Central Asia in 2025?

View Answer ▾

Answer: $2 billion

The article explicitly mentions that 'trade in goods has risen from $500 million in 2010 to more than $2 billion in 2025'. $106 billion is China's trade with Central Asia, a distractor.

International Relations · medium

Why Practice Daily Current Affairs Quiz?

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.

  • Identify Knowledge Gaps: MCQs reveal what you missed, specific percentages, committee names, constitutional articles, or ministry affiliations.
  • Build Elimination Skills: Exam-style distractors train you to eliminate wrong options confidently, especially in UPSC statement-based questions.
  • Daily Revision in 5 Minutes: Solving 10-20 questions takes just 5 minutes but serves as an effective daily revision mechanism.

Frequently Asked Questions

What topics are covered in the 29 August 2026 current affairs quiz?▼

The 29 August 2026 quiz covers International Relations, Security, Economy, Banking Regulation with 15 MCQs sourced from The Hindu and Indian Express.

How to use 29 August 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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Current Affairs Quiz 29 August 2026 | MCQs & Answers | CurrentAffairsAI