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Current Affairs Quiz – 02.03.2026

Current Affairs Quiz – 02.03.2026

1. The fiscal deficit target set in the Union Budget 2026–27 is:

A. 5.2% of GDP
B. 4.4% of GDP
C. 3.8% of GDP
D. 6.1% of GDP

Answer: B. 4.4% of GDP


2. The capital expenditure allocation announced for FY 2026–27 is approximately:

A. ₹8 lakh crore
B. ₹10 lakh crore
C. ₹12.5 lakh crore
D. ₹15 lakh crore

Answer: C. ₹12.5 lakh crore


3. The PM Gati Shakti National Master Plan aims to reduce logistics costs in India to:

A. Below 12% of GDP
B. Below 10% of GDP
C. Below 8% of GDP
D. Below 5% of GDP

Answer: C. Below 8% of GDP


4. RBI’s updated digital lending norms primarily focus on:

A. Increasing loan interest rates
B. Eliminating digital lending apps
C. Transparent disclosures and borrower consent
D. Promotiнг foreign lending platforms

Answer: C. Transparent disclosures and borrower consent


5. UPI transactions in February 2026 crossed approximately:

A. 10 billion transactions
B. 12 billion transactions
C. 15 billion transactions
D. 20 billion transactions

Answer: C. 15 billion transactions


6. The G20 Finance Ministers’ discussions recently focused on:

A. Cryptocurrency ban
B. Debt sustainability for developing nations
C. Global military cooperation
D. Space exploration funding

Answer: B. Debt sustainability for developing nations


7. ISRO’s reusable launch vehicle experiments aim to:

A. Increase satellite size capacity
B. Reduce launch costs
C. Replace PSLV rockets
D. Launch astronauts to Mars

Answer: B. Reduce launch costs


8. India’s mangrove restoration initiative targets restoration of approximately:

A. 500 sq km
B. 750 sq km
C. 1,000 sq km
D. 2,000 sq km

Answer: C. 1,000 sq km


9. India won the recent T20 bilateral cricket series against Australia by:

A. 2–1
B. 3–0
C. 3–1
D. 4–1

Answer: C. 3–1


10. World Wildlife Day is observed annually on:

A. 01 March
B. 02 March
C. 03 March
D. 05 March

Answer: C. 03 March