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.
Ready to test your skills?
Take a timed mock test specifically for Current Affairs 2026.
461. Who presented India's Union Budget 2026-27?
Explanation: Finance Minister Nirmala Sitharaman presented the Union Budget 2026-27.
462. The Union Budget 2026-27 allocated how much for the Ministry of Science and Technology?
Explanation: The Union Ministry of Science and Technology was allocated Rs 38,260.94 crore in the Union Budget 2026-27.
463. How much was allocated for the Research, Development and Innovation (RDI) scheme in Budget 2026-27?
Explanation: Rs 20,000 crore was earmarked for the RDI scheme in Budget 2026-27 to catalyse private-sector-driven work in AI, deep tech, and biotechnology.
464. The US-India trade deal in February 2026 reduced US tariffs on Indian exports to?
Explanation: US President Donald Trump announced on February 2, 2026, a trade agreement reducing US tariffs on Indian exports to 18% in exchange for India stopping purchases of Russian oil.
465. What did India agree to do in exchange for lower US tariffs under the February 2026 trade deal?
Explanation: India agreed to stop purchasing Russian oil in exchange for the US reducing tariffs on Indian exports to 18% under the February 2026 US-India trade deal.