Current Affairs Free Quiz for August 20, 2026

Q1. Union Minister Amit Shah inaugurated the new premises of the National Urban Cooperative Finance and Development Corporation (NUCFDC) in Mumbai. During the event, he also released a book titled ‘Operational Risk Management – A Practical Guide to Urban Co-operative Banks’. Who is the author of this book?

Q2. Consider the following statements regarding the first National Conclave of IIHTs (IIHT SUTRA 2026):
I. It was organized by the Ministry of Textiles in New Delhi under the theme “IIHTs: Weaving the Future of the Indian Handloom Sector – Educate. Innovate”.
II. During the event, strategic MoUs were signed with Grasim Industries, NITRA, and IIM Sambalpur to enrich the handloom sector’s curriculum and research.
Which of the above statements is/are correct?

Q3. Union Minister Amit Shah recently launched the ‘Gramin Gyan Setu’ application to integrate rural libraries and promote reading habits among children. This initiative was launched across which Lok Sabha constituency?

Q4. Consider the following statements regarding the Preferential Trade Agreement (PTA) negotiations:
I. India signed the Terms of Reference (ToR) for a PTA with the Southern African Customs Union (SACU).
II. SACU is the world’s oldest customs union, comprising 15 African member states.
Which of the above statements is/are correct?

Q5. The bilateral air force Exercise ‘Udara Shakti 2026’ was recently conducted to enhance operational coordination between the Indian Air Force (IAF) and the Royal Air Force of which country?

Q6. Consider the following statements:
I. The Digital India BHASHINI Division signed a Statement of Intent (SoI) with NITI Aayog to advance multilingual, voice-first AI solutions for inclusive governance.
II. The strategic partnership aims to integrate AI-powered language technologies across NITI Aayog’s digital platforms like NITI TARA and SMRITI.
Which of the above statements is/are correct?

Q7. Which Indian Non-Banking Financial Company (NBFC) recently entered into an agreement where Bank of America (BofA) will acquire up to a 49.9% stake in it for approximately Rs 18,268 crore?

Q8. The Multi Commodity Exchange of India Limited (MCX) signed an MoU with which institution to establish a dedicated Commodity Markets Research Centre for capacity building in India’s derivatives market?

Q9. Consider the following statements regarding a recent biological discovery in India:
I. Scientists from the University of Delhi discovered three new cascade frog species in Northeast India.
II. One of the newly discovered species, named Ammachi’s Cascade Frog (Amolops ammachi), was found in the Jampui Hills of Tripura.
Which of the above statements is/are correct?

Q10. Zhu Rongji, who recently passed away at the age of 97, was a prominent political leader known for spearheading major economic reforms and negotiating his country’s entry into the WTO in 2001. He served as the former Premier of which country?