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Current Affairs 2026 - Questions and Answers

Practice questions on Current Affairs Jan–May 2026 covering India elections, T20 World Cup, ICBM test, state elections, budget, and world events.

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51. India's first semiconductor fab is being set up under the India Semiconductor Mission in which state?
A. Gujarat (Dholera)
B. Maharashtra
C. Karnataka
D. Tamil Nadu
Explanation: India's first semiconductor fabrication unit (fab) is being set up at Dholera Special Investment Region (DSIR) in Gujarat under the India Semiconductor Mission.
52. The Vibrant Villages Programme targets border villages along India's border with?
A. China and Nepal (northern border)
B. Pakistan (western border)
C. Bangladesh (eastern border)
D. Sri Lanka (southern coast)
Explanation: The Vibrant Villages Programme targets 663 villages along India's northern border with China and Nepal in Himachal Pradesh, Uttarakhand, Sikkim, and Arunachal Pradesh.
53. The Monetary Policy Committee (MPC) of RBI sets India's?
A. Repo rate (benchmark lending rate)
B. Exchange rate
C. Tax rates
D. GST rates
Explanation: RBI's Monetary Policy Committee (MPC) sets the repo rate, the benchmark interest rate at which RBI lends to commercial banks.
54. India launched the Unified Payments Interface (UPI) in which year?
A. 2016
B. 2015
C. 2014
D. 2018
Explanation: UPI (Unified Payments Interface) was launched by NPCI in April 2016 and went live in August 2016, revolutionizing digital payments in India.
55. India's National Payments Corporation of India (NPCI) operates which payment systems?
A. UPI, RuPay, IMPS, NEFT, RTGS
B. Only UPI
C. Visa and Mastercard India
D. Only NEFT and RTGS
Explanation: NPCI operates multiple payment systems including UPI, RuPay (domestic card network), IMPS, NEFT, RTGS, and others.