Daily Current Affairs February 2026 – MCQs Practice

20 Important Questions for Competitive Exams

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1. India’s strategic partnership with UAE mainly focuses on:
   a) Agriculture
   b) Trade and Energy
   c) Tourism
   d) Education
2. Which body controls monetary policy in India?
   a) SEBI
   b) RBI
   c) Finance Ministry
   d) NITI Aayog
3. The term CPI stands for:
   a) Central Price Index
   b) Consumer Price Index
   c) Current Product Indicator
   d) Consumer Production Index
4. ISRO is headquartered in:
   a) Mumbai
   b) Chennai
   c) Bengaluru
   d) Hyderabad
5. Artificial Intelligence mainly relates to:
   a) Agriculture
   b) Sports
   c) Technology
   d) Literature
6. The Human Development Report is released by:
   a) World Bank
   b) IMF
   c) UNDP
   d) WTO
7. Repo Rate is decided by:
   a) Parliament
   b) RBI
   c) SEBI
   d) President
8. National Science Day is observed on:
   a) February 28
   b) January 26
   c) August 15
   d) March 8
9. NPA stands for:
   a) National Public Asset
   b) Non-Performing Asset
   c) Net Public Account
   d) New Policy Act
10. Global Innovation Index measures:
    a) Military power
    b) Innovation capacity
    c) Population growth
    d) Climate change
11. One Nation – One Election is related to:
    a) Education reform
    b) Simultaneous elections
    c) Banking reform
    d) Defence policy
12. GDP primarily measures:
    a) Population
    b) National income
    c) Employment rate
    d) Export quantity
13. UPI is related to:
    a) Space research
    b) Digital payments
    c) Agriculture subsidy
    d) Defence manufacturing
14. World Environment Day is observed on:
    a) June 5
    b) July 5
    c) May 1
    d) April 22
15. The Election Commission of India is established under:
    a) Article 370
    b) Article 324
    c) Article 21
    d) Article 356
16. PSLV is a type of:
    a) Missile
    b) Satellite
    c) Launch Vehicle
    d) Radar
17. Basel Norms are related to:
    a) Education standards
    b) Banking regulations
    c) Climate agreements
    d) Trade tariffs
18. Economic Survey is presented by:
    a) RBI
    b) Finance Ministry
    c) President
    d) Supreme Court
19. FDI stands for:
    a) Foreign Direct Investment
    b) Federal Development Index
    c) Financial Data Institution
    d) Foreign Domestic Income
20. Bank Nifty represents:
    a) IT companies
    b) Banking sector stocks
    c) Automobile sector
    d) Pharma sector

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✅ Answer Key

1. b
2. b
3. b
4. c
5. c
6. c
7. b
8. a
9. b
10. b
11. b
12. b
13. b
14. a
15. b
16. c
17. b
18. b
19. a
20. b

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