Current Affairs Free Quiz for August 24, 2026

Q1. Which Union Minister inaugurated seven major infrastructure projects valued at Rs 427.80 crore at the Paradip Port Authority (PPA) in Odisha?

Q2. Consider the following statements regarding the Directorate General of Foreign Trade (DGFT) easing rupee invoicing rules under the Foreign Trade Policy (FTP 2023):
I. Export contracts and invoices for countries outside the Asian Clearing Union (ACU) may now be denominated in any foreign currency or INR.
II. Eligible rupee payments for exports to any country, except Nepal and Bhutan, will qualify to avail FTP benefits and count towards the fulfillment of export obligations.
Which of the statements given above is/are correct?

Q3. The Ministry of Youth Affairs and Sports (MYAS) announced plans to establish a National Coach Accreditation Board (NCAB) to standardize sports coaching in India, based on recommendations by a task force led by whom?

Q4. Consider the following statements regarding the National Campaign on Entrepreneurship-II launched under DAY-NRLM:
I. It was launched by the Ministry of Rural Development for a duration of three months starting from August 21, 2026.
II. Community Resource Persons for Enterprise Promotion (CRP-EPs) and Business Development Service Providers (BDSPs) will be recognized as “Udyam Sakhis”.
Which of the statements given above is/are correct?

Q5. The Asian Development Bank (ADB) signed a loan agreement worth Rs 1,750 crore with which state government to fund the infrastructure and learning facility upgradation of government schools?

Q6. Fintech platform Razorpay introduced a Multi-Currency Exchange Earners’ Foreign Currency (EEFC) Account facility for exporters and international businesses in strategic partnership with which bank?

Q7. The Indian Navy recently received ‘INS Mangrol’, the 3rd indigenously built Anti-Submarine Warfare Shallow Water Craft (ASW-SWC). Which shipyard constructed and delivered this vessel?

Q8. Indian defence startup D-Propulse Aerospace successfully demonstrated India’s first indigenously developed 5 kN air-breathing Rotating Detonation Engine (RDE) at a DRDO test facility in Hyderabad. This startup was incubated at which Indian Institute of Technology?

Q9. The Himachal Pradesh Forest Department signed a 5-year MoU with the Bharti Institute of Public Policy (ISB-BIPP) to unlock an estimated Rs 22,600 crore untapped forest economy potential. Which bio-resource accounts for the largest share (Rs 8,700 crore) in this assessment?

Q10. State-owned Indian Oil Corporation (IOC) signed a 5-year agreement for the assured supply of petroleum products (petrol, diesel, and ATF) to Port Louis with which entity of Mauritius?