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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411. India's SEBI introduced T+1 settlement cycle for equity markets, meaning trades settle in?
Explanation: India's SEBI implemented T+1 (Trade + 1 day) settlement for equity markets, with trades settling the next business day. This is among the fastest settlement globally.
412. Which alliance won the 2026 Puducherry elections?
Explanation: The NDA won a simple majority in the 2026 Puducherry elections, and N. Rangaswamy formed the government.
413. India's Pradhan Mantri E-Bus Seva scheme is aimed at?
Explanation: PM e-Bus Seva scheme was launched in 2023 to deploy 10,000 electric buses in 169 cities across India, improving urban public transport and reducing emissions.
414. India's PARAM Siddhi AI supercomputer is used for?
Explanation: PARAM Siddhi is India's top AI supercomputer (FLOPS: 5.267 petaflop), built under the National Supercomputing Mission, used for AI, ML, drug discovery, and scientific research.
415. India's International Financial Services Centre (IFSC) in Gujarat International Finance Tec-City (GIFT City) is modelled on?
Explanation: GIFT City IFSC is India's international financial services hub in Gujarat, offering a regulated environment for global financial services, modelled on Dubai DIFC and Singapore's financial centre.