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  • 26February MCQ : Current Affairs Quiz 26February 2024

Today's Current Affairs MCQ (26 February 2024)

26February MCQ : Current Affairs Quiz 26February 2024

  • In Current Affairs
Today's Current Affairs MCQ (26 February 2024)

In this article, we will discuss all the important Current Affairs MCQs of 26 February with full explanations. Where we will discuss the daily current affairs quiz’s questions and answers. So read all the important 26 February MCQs carefully.

Current Affairs Quiz / 26 February MCQ Current Affairs


26 February Current Affairs MCQ – Questions


1. What is the maximum FDI percentage allowed under the automatic route for manufacturing components and systems/sub-systems for satellites, ground segments, and user segments in India’s space sector?
(a) 49%
(b) 51%
(c) 74%
(d) 100%
2. What regulatory body did PayPal register with under India’s anti-money laundering law?
(a) Reserve Bank of India (RBI)
(b) Securities and Exchange Board of India (SEBI)
(c) Financial Intelligence Unit-India (FIU-IND)
(d) National Payments Corporation of India (NPCI)
3. Where is the Gujrai Solar Power Station located?
(a) Kanpur Dehat, Uttar Pradesh
(b) Dehradun, Uttarakhand
(c) Jaipur, Rajasthan
(d) Bhopal, Madhya Pradesh
4. Where is Nokia’s 6G Lab located, where the collaboration with IISc is taking place?
(a) Mumbai
(b) Hyderabad
(c) Delhi
(d) Bengaluru
5. How does the International Monetary Fund (IMF) revise its forecast for India’s GDP growth in the current fiscal year?
(a) 0.5% decrease
(b) 0.3% increase
(c) 0.2% decrease
(d) 0.4% increase
6. Who established India’s first Gati Shakti Research Chair?
(a) Ministry of Commerce and Industry
(b) Ministry of Ports, Shipping & Waterways
(c) Ministry of Finance
(d) Ministry of Transport
7. What is the capacity of NTPC-REL’s inaugural solar project in Chhattisgarh, Rajasthan?
(a) 50 MW
(b) 70 MW
(c) 100 MW
(d) 120 MW
8. What is A S Rajeev’s recent appointment?
(a) Managing Director of Bank of Maharashtra
(b) CEO of Bank of Maharashtra
(c) Chief Vigilance Commissioner
(d) Vigilance Commissioner in the Central Vigilance Commission
9. What is the targeted range for highway construction in India for the financial year 2023-24 (FY24)?
(a) 10,000-11,000 kilometers
(b) 12,000-13,000 kilometers
(c) 13,000-14,000 kilometers
(d) 14,000-15,000 kilometers
10. How many countries have ratified the ILO Convention 190 on ending workplace violence and harassment worldwide?
(a) 15
(b) 25
(c) 38
(d) 45
11. What is the projected GDP growth rate for India in FY25 according to Bank of Baroda?
(a) 6.75-6.8%
(b) 7.2-7.5%
(c) 6.5-6.7%
(d) 6.2-6.4%
12. Where is Mswipe Technologies headquartered?
(a) New Delhi
(b) Bengaluru
(c) Hyderabad
(d) Mumbai
13. Which country recently ratified the ILO Convention 190 to combat workplace violence and harassment, becoming the first in Asia to do so?
(a) Japan
(b) China
(c) South Korea
(d) Philippines
14. What is the projected GDP growth rate for India in FY25 according to Morgan Stanley Research?
(a) 6.5%
(b) 6.0%
(c) 6.0%
(d) 7.0%
15. Which Prime Minister of Greece recently visited India to bolster bilateral ties?
(a) Alexis Tsipras
(b) Kyriakos Mitsotakis
(c) Antonis Samaras
(d) George Papandreou


26 February MCQs – Answers


1. (d)
The amended FDI policy permits 100% FDI under the automatic route for manufacturing components and systems/sub-systems for satellites, ground segments, and user segments. This initiative aims to boost domestic manufacturing, promote technology transfer, and support the ‘Make In India’ initiative.
2. (c)
PayPal is registered with FIU-IND, as mandated under the Prevention of Money Laundering Act (PMLA), 2002. FIU-IND is responsible for collecting financial intelligence related to offenses under PMLA, reinforcing transparency in financial transactions, and combating money laundering activities.
3. (a)
SJVN Limited, a Mini Ratna, Category-I and Schedule ‘A’ Central public sector enterprise under the administrative control of the Ministry of Power, Government of India, has marked a significant milestone in its journey towards sustainable energy solutions. On February 23, 2024, SJVN announced the commencement of successful commercial operations of its 50 MW Gujrai Solar Power Station in Kanpur Dehat, Uttar Pradesh.
4. (d)
Nokia’s 6G Lab, where the collaboration with IISc is taking place, is located in Bengaluru. This strategic location enables close collaboration with leading academic institutions and access to a vibrant technological ecosystem, facilitating innovative research and development in 6G technologies.
5. (d)
The IMF upgraded its estimate for India’s GDP growth by 40 basis points to 6.7% for the current fiscal year, indicating an improved economic outlook compared to its previous forecast.
6. (b)
The Ministry of Ports, Shipping & Waterways partners with IIM Shillong for India’s first Gati Shakti Research Chair, focusing on multimodal logistics. Goals include academic research, collaboration with global experts, and supporting the PM Gati Shakti Masterplan for regional logistical capacity.
7. (b)
NTPC Renewable Energy Ltd. (NTPC-REL) launched its first solar project in Chhattisgarh, Rajasthan, adding 70 MW to the NTPC Group’s capacity. With 17 projects underway, totaling over 6,000 MW, NTPC-REL aims to strengthen India’s renewable energy sector. The project will benefit 60,000 households and mitigate 3 lakh tons of CO2 emissions annually.
8. (d)
The government appointed A S Rajeev, former MD and CEO of Bank of Maharashtra, as Vigilance Commissioner in the Central Vigilance Commission (CVC). Rajeev retired voluntarily, with the Department of Financial Services accepting his request. Bank of Maharashtra confirmed the appointment through a regulatory filing.
9. (b)
Anurag Jain, Secretary of MoRTH, stated that the targeted range for highway construction in India for FY24 is between 12,000 to 13,000 kilometers.
10. (c)
As of the latest update, 38 countries globally have ratified the ILO Convention 190. This indicates a growing international consensus on the importance of addressing workplace violence and harassment.
11. (a)
Bank of Baroda forecasts India’s GDP growth to be around 6.75-6.8% in FY25, as per their report. This projection indicates sustained economic momentum, aligning with other estimates by reputable financial institutions.
12. (d)
Mswipe Technologies is headquartered in Mumbai. Mumbai is a prominent financial and commercial hub in India, making it an ideal location for the headquarters of a fintech company like Mswipe.
13. (d)
The Philippines recently ratified the ILO Convention 190, making it the first Asian country to do so. This significant step highlights the country’s commitment to addressing workplace violence and harassment comprehensively. Japan, China, South Korea, and Indonesia have yet to ratify this convention.
14. (a)
Morgan Stanley Research forecasts India’s GDP growth to moderate to 6.5% in FY25. This projection reflects a decline from the 6.9% growth projected for FY24.
15. (b)
During a two-day visit to India, Greek Prime Minister Kyriakos Mitsotakis and Indian Prime Minister Narendra Modi engaged in extensive discussions aimed at bolstering bilateral cooperation across various sectors. The visit marks the first by a head of state of Greece to India in 15 years.



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