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
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Explanations
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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 ministry is primarily responsible for India's 'Connect Central Asia' policy?
View Answer ▾
Which ministry is primarily responsible for India's 'Connect Central Asia' policy?
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
Q2Which US department negotiated the Venezuela oil deal according to the article?
View Answer ▾
Which US department negotiated the Venezuela oil deal according to the article?
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
Q3Which ministry is primarily responsible for coordinating India's foreign policy and diplomatic visits like the Prime Minister's SCO visit?
View Answer ▾
Which ministry is primarily responsible for coordinating India's foreign policy and diplomatic visits like the Prime Minister's SCO visit?
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
Q4Which institution operates the FCNR(B) swap window mentioned in the news?
View Answer ▾
Which institution operates the FCNR(B) swap window mentioned in the news?
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
Q5Which constitutional article empowers Parliament to provide for adjudication of disputes relating to inter-state rivers?
View Answer ▾
Which constitutional article empowers Parliament to provide for adjudication of disputes relating to inter-state rivers?
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
Q6Which institution is responsible for setting the repo rate in India?
View Answer ▾
Which institution is responsible for setting the repo rate in India?
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
Q7In which year did India become a full member of the Shanghai Cooperation Organisation (SCO)?
View Answer ▾
In which year did India become a full member of the Shanghai Cooperation Organisation (SCO)?
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
Q8Which article of the Constitution of India deals with the appointment of judges of a High Court?
View Answer ▾
Which article of the Constitution of India deals with the appointment of judges of a High Court?
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
Q9Which institution is primarily responsible for implementing monetary policy in India, as referenced in the article's mention of policy rate cuts?
View Answer ▾
Which institution is primarily responsible for implementing monetary policy in India, as referenced in the article's mention of policy rate cuts?
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
Q10Consider 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 ▾
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?
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
Q11Consider 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 ▾
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?
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
Q12Consider 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 ▾
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?
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
Q13What was the approximate bilateral trade between India and Uzbekistan in 2025-26?
View Answer ▾
What was the approximate bilateral trade between India and Uzbekistan in 2025-26?
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
Q14According to the article, what was the average gas price in the US on August 28, 2026?
View Answer ▾
According to the article, what was the average gas price in the US on August 28, 2026?
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
Q15According to the article, what was the volume of India's trade with Central Asia in 2025?
View Answer ▾
According to the article, what was the volume of India's trade with Central Asia in 2025?
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
Topics Covered
- International Relations
- Security
- Economy
- Banking Regulation
- Polity
- State Governance
- Environment
- Governance
- Trade
Relevant for UPSC Prelims, MPSC, SSC CGL, Banking , Teaching and State PSC exams.
Articles Covered
- PM Modi Visits Uzbekistan, Kyrgyz Republic for 26th SCO Summit – Key Strategic Takeaways
- US-Venezuela Oil Deal: 65 Billion Barrels Reserved Amid Iran War & Energy Security Crisis
- PM Modi's SCO Visit Targets BRICS Consensus, UNSC Seat (2028-29), and Central Asia Summit
- RBI FCNR(B) Swap Window Pushes Forex Reserves to Record $729.33 Billion
- SYL Canal Dispute: SC Reviews 30-Year-Old Case; Ravi-Beas Tribunal Field Inspection Underway
- India's GDP Growth Stays Above 7% Amid West Asia War: 125 bps Repo Rate Cut, Low Services Inflation Key
- SCO 2026 Bishkek Summit: India's Chance to Reset Ties with China and Deepen Central Asia Engagement
- SC Collegium Divided on Acting Chief Justice's Power to Appoint HC Judges - 2026 Case
- India's 8% GDP Growth Amid West Asia Shock; Structural Reforms Key for Sustained Growth
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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.
- 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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