Q1.
What program did Defence Minister Rajnath Singh address on 03 May 2026, where he spoke about India's unwavering resolve against terrorism?
- Veer Yatra
- Shaurya
- Suraksha Samvad
- Desh Bhakti Abhiyan
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Answer: B. Shaurya
The Defence Minister made these remarks at the 'Shaurya' program.
Q2.
According to Defence Minister Rajnath Singh on 03 May 2026, a recent counter-terrorism operation reflected the Modi government's commitment to:
- International diplomacy for peace.
- Decisive action against terrorism.
- Economic sanctions on terror sponsors.
- Humanitarian aid to affected regions.
Show answer
Answer: B. Decisive action against terrorism.
He stated it demonstrated the government's commitment to 'decisive action' against terrorism.
Q3.
An Allahabad High Court judge resigned last month (April 2026) amid parliamentary proceedings for his removal. What was the primary allegation against him?
- Misuse of official vehicle.
- Burnt wads of unaccounted cash found at his residence.
- Involvement in a land dispute.
- Conflict of interest in a high-profile case.
Show answer
Answer: B. Burnt wads of unaccounted cash found at his residence.
Allegations against him included burnt wads of unaccounted cash found at his Delhi residence.
Q4.
Which Allahabad High Court judge resigned last month (April 2026) amidst parliamentary proceedings initiated for his removal?
- Justice R.K. Singh
- Justice Yashwant Varma
- Justice S.P. Mishra
- Justice A.N. Gupta
Show answer
Answer: B. Justice Yashwant Varma
Allahabad High Court judge Yashwant Varma resigned last month.
Q5.
On Saturday, May 2, 2026, the Central government approved 100% Foreign Direct Investment (FDI) in which sector?
- Telecommunications
- Banking
- Insurance
- Retail
Show answer
Answer: C. Insurance
The Central government approved 100% Foreign Direct Investment (FDI) in the insurance sector.
Q6.
What is the approved route for 100% Foreign Direct Investment (FDI) in the insurance sector, as approved on Saturday, May 2, 2026?
- Government approval route
- Automatic route
- FIPB route
- Hybrid route
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Answer: B. Automatic route
This approval allows foreign investment through the automatic route.
Q7.
Despite the approval of 100% FDI in the insurance sector on Saturday, May 2, 2026, what is the foreign investment limit that will remain for LIC (Life Insurance Corporation)?
- 100%
- 74%
- 51%
- 20%
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Answer: D. 20%
The limit for foreign investment in LIC (Life Insurance Corporation) will remain at 20%.
Q8.
Who has been appointed as the new Deputy Governor of the Reserve Bank of India (RBI) with effect from May 3, 2026, or thereafter?
- T-Rabi S
- Rohit Jain
- S.K. Sharma
- P.V. Rao
Show answer
Answer: B. Rohit Jain
Rohit Jain has been appointed as the new Deputy Governor of the Reserve Bank of India (RBI).
Q9.
For what period has Rohit Jain been appointed as the new Deputy Governor of the Reserve Bank of India (RBI), effective from May 3, 2026?
- One year
- Two years
- Three years
- Five years
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Answer: C. Three years
He will serve for a period of three years.
Q10.
Which committee approved the appointment of Rohit Jain as the new Deputy Governor of the Reserve Bank of India (RBI) on 03 May 2026?
- Parliamentary Standing Committee on Finance
- Reserve Bank Board
- Appointment Committee of the Cabinet (ACC)
- Ministry of Finance
Show answer
Answer: C. Appointment Committee of the Cabinet (ACC)
His appointment was approved by the Appointment Committee of the Cabinet (ACC).
