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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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16. India's Space agency ISRO stands for?
A. Indian Space Research Organisation
B. Indian Science Research Organisation
C. Integrated Space Research Organisation
D. Indian Space Rocket Organisation
Explanation: ISRO stands for Indian Space Research Organisation, headquartered in Bengaluru.
17. Jasprit Bumrah's 4/15 in the T20 WC 2026 final — which team did he play for?
A. India
B. England
C. Pakistan
D. Australia
Explanation: Jasprit Bumrah plays for India and took 4/15 in the T20 WC 2026 final against New Zealand.
18. India's GDP (nominal) as of 2025 makes it the ___ largest economy in the world?
A. 5th
B. 3rd
C. 7th
D. 4th
Explanation: India is the 5th largest economy in the world by nominal GDP (surpassing UK in 2022 and Germany in 2023 per IMF estimates).
19. India's Central Bank is?
A. Reserve Bank of India (RBI)
B. State Bank of India
C. NABARD
D. SEBI
Explanation: The Reserve Bank of India (RBI) is India's central bank, established in 1935 and nationalized in 1949.
20. India's stock market regulator is?
A. SEBI
B. RBI
C. IRDAI
D. NABARD
Explanation: SEBI (Securities and Exchange Board of India) is India's capital markets regulator, established in 1988 and given statutory powers in 1992.