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Current Affairs Quiz – 12.01.2026

Current Affairs Quiz - 12.01.2026

Q1. Which institution signed an MoU with the Government of NCT of Delhi to manage its banking and public debt operations effective January 2026?

A. State Bank of India
B. Ministry of Finance
C. Reserve Bank of India
D. NITI Aayog

Answer: C. Reserve Bank of India


Q2. The RBI–Delhi MoU primarily aims to improve which of the following aspects of Delhi’s finances?

A. Foreign exchange reserves
B. Cash flow management and public debt transparency
C. Cryptocurrency regulation
D. Agricultural credit subsidies

Answer: B. Cash flow management and public debt transparency


Q3. Which launch vehicle was scheduled for India’s first space mission of 2026 on 12 January?

A. Gaganyaan LVM3
B. GSLV-Mk II
C. SSLV
D. PSLV‑C62

Answer: D. PSLV-C62


Q4. The primary payload onboard PSLV-C62 launched on 12.01.2026 was developed by which organization?

A. Indian Institute of Science
B. ISRO’s UR Rao Satellite Centre
C. Defence Research and Development Organisation
D. Bharat Electronics Limited

Answer: C. Defence Research and Development Organisation


Q5. What was the scheduled launch time of PSLV-C62 on 12 January 2026?

A. 06:00 AM IST
B. 08:30 AM IST
C. 10:17 AM IST
D. 01:45 PM IST

Answer: C. 10:17 AM IST


Q6. Which Indian minister highlighted stronger India-Europe cooperation for global economic and political stability in early 2026?

A. Rajnath Singh
B. Nirmala Sitharaman
C. Piyush Goyal
D. S. Jaishankar

Answer: D. S. Jaishankar


Q7. Who among the following European leaders was scheduled to visit India on 12–13 January 2026?

A. Emmanuel Macron
B. Olaf Scholz
C. Friedrich Merz
D. Charles Michel

Answer: C. Friedrich Merz


Q8. The 85th All India Inter-University Athletics Championship 2026 began on 12 January at which location?

A. New Delhi
B. Pune
C. Patiala
D. Moodbidri, Karnataka

Answer: D. Moodbidri, Karnataka


Q9. Approximately how many athletes participated in the 85th Inter-University Athletics Championship 2026?

A. About 1,200
B. About 2,500
C. About 3,200
D. About 4,288

Answer: D. About 4,288


Q10. Which key benefit is expected from Delhi’s public debt being managed under RBI’s framework?

A. Increase in direct tax revenue
B. Reduction in fiscal deficit through subsidies
C. Lower borrowing costs via structured market access
D. Elimination of state development loans

Answer: C. Lower borrowing costs via structured market access