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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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21. GST in India stands for?
A. Goods and Services Tax
B. Government Service Tax
C. General Sales Tax
D. Global Service Tax
Explanation: GST (Goods and Services Tax) is India's comprehensive indirect tax that replaced multiple taxes. It was launched on July 1, 2017.
22. India's financial year runs from?
A. April 1 to March 31
B. January 1 to December 31
C. July 1 to June 30
D. April 1 to April 30
Explanation: India's financial (fiscal) year runs from April 1 to March 31 of the following year.
23. World Environment Day is celebrated on?
A. June 5
B. April 22
C. March 22
D. July 11
Explanation: World Environment Day is celebrated on June 5 every year, established by the United Nations in 1972.
24. How many teams competed in the ICC Men's T20 World Cup 2026?
A. 20
B. 16
C. 18
D. 14
Explanation: Twenty teams competed in the ICC Men's T20 World Cup 2026 across 55 matches in India and Sri Lanka.
25. Earth Day is observed on?
A. April 22
B. June 5
C. March 22
D. December 11
Explanation: Earth Day is observed on April 22 every year since 1970 to raise awareness about environmental protection.
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