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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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316. India is a member of which nuclear-related export control group?
A. NSG (Nuclear Suppliers Group) — seeking full membership
B. NPT (Non-Proliferation Treaty)
C. CTBT
D. IAEA as full member
Explanation: India is not a signatory of NPT but has been seeking full NSG (Nuclear Suppliers Group) membership. India signed the 123 Agreement with the USA enabling civil nuclear cooperation.
317. India is a founding member of which development bank created as BRICS alternative?
A. New Development Bank (NDB)
B. Asian Infrastructure Investment Bank (AIIB)
C. World Bank
D. ADB
Explanation: India is a founding member of the New Development Bank (NDB), established by BRICS nations in 2015, headquartered in Shanghai.
318. SAARC (South Asian Association for Regional Cooperation) headquarters is in?
A. Kathmandu, Nepal
B. New Delhi, India
C. Dhaka, Bangladesh
D. Colombo, Sri Lanka
Explanation: SAARC Secretariat is headquartered in Kathmandu, Nepal. SAARC has 8 member nations: Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka.
319. India's "Act East Policy" replaced which earlier policy?
A. Look East Policy
B. Look West Policy
C. South Asia First Policy
D. East Connect Initiative
Explanation: PM Modi renamed and upgraded India's "Look East Policy" (1991) to "Act East Policy" in 2014 to signal a more proactive engagement with ASEAN and East Asian countries.
320. India signed the Comprehensive Economic Partnership Agreement (CEPA) with UAE in which year?
A. 2022
B. 2021
C. 2020
D. 2023
Explanation: India signed CEPA with UAE in February 2022, India's first free trade agreement in over a decade, covering goods, services, and investments.