Daily current affairs quiz

Current Affairs Questions, 29 October 2026

One attempt per question. The answer and explanation appear as soon as you pick.

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Q1
Consider the following statements regarding the recent revision of cancer drug prices:
1. 1.The National Pharmaceutical Pricing Authority revised prices for 543 cancer drug brands/packs.
2. 2.Prices of all patented cancer drugs, including Keytruda, were significantly reduced in this revision.
3. 3.The revised prices are a result of a government order capping the trade margin for anti-cancer drugs at 30% of the Maximum Retail Price.
Which of the statements given above is/are correct?
Explanation: Statement 1 is correct as the article states NPPA revised prices for 543 drug brands/packs. Statement 2 is incorrect; the article specifically mentions that prices of patented drugs like Keytruda remained unchanged. Statement 3 is correct as the revision followed a government order capping trade margins at 30% of MRP.
Q2
According to the news, from what date are the newly revised prices of cancer drugs set to become effective?
Explanation: The article explicitly states that the new prices will come into effect from 9 November 2026. The other dates are distractors not mentioned in the content.
Q3
Which Indian institution releases the monthly Index of Industrial Production (IIP) data?
Explanation: The article does not say which institution releases IIP data (question not covered). It does state 'economists at the RBI have noted...' so if rewritten to ask which institution's economists noted high-frequency indicators, the correct answer would be A: RBI.
Q4
Consider the following statements regarding the Indian economy as mentioned in the article:
1. 1.The Asian Development Bank (ADB) has forecast India's GDP growth at 7.1% for the current year.
2. 2.Foreign Portfolio Investors (FPIs) have been net sellers in the Indian market for three consecutive years.
3. 3.The Indian rupee depreciated by approximately 5.5% against the US dollar in the current year.
Which of the statements given above is/are correct?
Explanation: Statement 1 is incorrect: The article states ADB forecast growth at 7%, not 7.1% (which was OECD's forecast). Statement 2 is correct: The article details FPI outflows of $14.6bn (2024-25), $19.6bn (2025-26), and $17.3bn (current year), indicating net selling for three years. Statement 3 is correct: The article explicitly mentions the rupee fell by around 5.5%.
Q5
Which Polish government research institute is spearheading the 'Asian Programme' mentioned in the news?
Explanation: The article explicitly states that 'Łukasiewicz – ITECH, a research network under the Polish government, held its inaugural conference... on its ‘Asian Programme’.' OSW and ZPP authored a study, and WB Group is a defence company.
Q6
Consider the following statements regarding the India-Poland relationship:
1. 1.The bilateral trade between India and Poland currently stands at around $6 billion, with a target to increase it to $10 billion.
2. 2.Poland's strategic partnership with India was established in 2011, the same year it established a similar partnership with China.
3. 3.Poland's 'Asian Programme' for innovation cooperation includes South Korea and Taiwan, but not India.
Which of the statements given above is/are correct?
Explanation: Statement 1 is correct as per the article. Statement 2 is incorrect; Poland's strategic partnership with China was in 2011, but with India it was elevated in 2024. Statement 3 is incorrect as the 'Asian Programme' explicitly includes India alongside Taiwan and South Korea.
Q7
The National Institute of Hydrology (NIH), which is collaborating with Bihar for a flood study, is located in which city?
Explanation: As stated in the article, the MOU is between Bihar's Water Resources Department and the National Institute of Hydrology, Roorkee. NIH is an autonomous institute under the Ministry of Jal Shakti headquartered in Roorkee, Uttarakhand.
Q8
Consider the following statements regarding decisions taken by the Bihar Cabinet:
1. 1.It approved an MOU with the Indian Institute of Technology, Roorkee for a flood plain delineation study.
2. 2.It approved a scheme worth over ₹11,000 crore to strengthen the state's High Tension (HT) power distribution system.
3. 3.It approved the transfer of land from the closed Motipur Sugar Mill for industrial use.
Which of the statements given above is/are correct?
Explanation: Statement 1 is incorrect as the MOU is with the National Institute of Hydrology (NIH), Roorkee, not IIT Roorkee. Statement 2 is incorrect as the approved scheme is for the Low Tension (LT) distribution system, not High Tension (HT). Statement 3 is correct as the article mentions the transfer of 151.58 acres from the closed Motipur Sugar Mill to the Industries Department.
Q9
Which central armed police force is primarily responsible for guarding India's border with Pakistan and has its jurisdiction extended to 50 km inland?
Explanation: The Border Security Force (BSF) is India's primary border guarding force on the Indo-Pakistan border. The article mentions that the BSF's jurisdiction was extended from 15 km to 50 km inland from the international border in 2021.
Q10
Consider the following statements regarding Punjab's drug crisis:
1. 1.According to NCRB 2024 data, Punjab recorded the highest number of drug overdose deaths in India.
2. 2.The 'Golden Crescent' region, a major source of heroin, comprises parts of Afghanistan, Iran, and Pakistan.
3. 3.The AAP government's 'Yudh Nasheyan Virudh' campaign involves demolishing houses built with illicit drug proceeds.
Which of the statements given above is/are correct?
Explanation: Statement 1 is incorrect. Punjab recorded 106 overdose deaths in 2024, which was the second highest after Tamil Nadu (313). Statement 2 is correct as per the article's definition of the Golden Crescent. Statement 3 is correct as 'Yudh Nasheyan Virudh' includes steps to choke traffickers' finances and demolish houses built with illicit proceeds.
Q11
The opinion piece on the India-New Zealand FTA was written by the President of which Indian industry body?
Explanation: The article is authored by Anant Goenka, identified as the President of The Federation of Indian Chambers of Commerce & Industry (FICCI). FICCI is a major Indian business association.
Q12
Consider the following statements regarding the India-New Zealand Free Trade Agreement (FTA):
1. 1.It aims to double the bilateral trade between the two countries by the year 2030.
2. 2.It includes a provision for a quota of 10,000 professional visas for skilled Indian workers at any given time.
3. 3.The agreement facilitates the use of regulatory evaluation reports from recognised bodies to ease market access for Indian pharmaceutical companies.
Which of the statements given above is/are correct?
Explanation: Statement 1 is correct as the article explicitly mentions the goal to double trade by 2030. Statement 2 is incorrect; the visa quota is 5,000, not 10,000. Statement 3 is correct as the FTA includes provisions to accept regulatory reports, reducing duplicative compliance for pharma companies.