Current Affairs MCQs: 01-June-2026 | UPSC, SSC Daily Quiz with Answers & Notes

Daily Current Affairs 01-June-2026 – MCQs, News & Analysis for UPSC, SSC & Banking Exams

1. Which Indian organisation successfully launched the ‘Arjun-2’ satellite for advanced climate monitoring and disaster prediction on 31-May-2026?

A) DRDO

B) ISRO

C) CSIR

D) BEL

Correct answer: B) ISRO

Notes: The Indian Space Research Organisation (ISRO) achieved a significant milestone on 31-May-2026 with the successful deployment of the ‘Arjun-2’ satellite. This advanced remote sensing satellite is specifically designed to enhance India’s capabilities in climate monitoring and disaster prediction. Furthermore, it will provide high-resolution data crucial for understanding intricate weather patterns and facilitating timely disaster response. This launch reinforces India’s prowess in space technology and its commitment to utilizing scientific advancements for societal benefit. For UPSC current affairs, such missions highlight the nation’s scientific self-reliance and its role in global climate observation. The data from ‘Arjun-2’ will significantly contribute to environmental policy updates and resource management, impacting agriculture and urban planning alike. This development underscores the importance of indigenous space programs in today’s current affairs landscape, offering valuable insights for exam preparation.

2. India recently concluded negotiations on a comprehensive Free Trade Agreement (FTA) with which economic bloc, aiming to boost bilateral trade?

A) ASEAN

B) European Union

C) BRICS

D) African Union

Correct answer: B) European Union

Notes: India and the European Union successfully concluded negotiations for a Free Trade Agreement (FTA) on 31-May-2026, marking a pivotal moment in their economic relationship. This landmark agreement is anticipated to significantly boost bilateral trade, remove tariffs, and streamline investment flows between the two major economies. Consequently, it opens vast opportunities for Indian businesses, particularly in sectors like textiles, pharmaceuticals, and IT services, while also facilitating access to European markets. From an international relations perspective, this FTA strengthens India’s strategic partnerships and diversifies its trade portfolio. Understanding such global economic developments is crucial for today current affairs analysis, especially for competitive exams. The pact signifies a shared commitment to open and fair trade, impacting global economic trends and regional stability. This latest news analysis points towards increased economic integration and collaborative growth, a key focus for government policy update discussions.

3. What is ‘SurakshyaPay’, recently introduced by the RBI to combat increasing cyber financial fraud?

A) A new digital currency

B) A new bank merger policy

C) A digital payment security framework

D) A revised lending rate policy

Correct answer: C) A digital payment security framework

Notes: The Reserve Bank of India (RBI) launched ‘SurakshyaPay’ on 31-May-2026, a groundbreaking digital payment security framework designed to counter the rising threat of cyber financial fraud. This initiative aims to enhance the security of online transactions through multi-factor authentication, real-time fraud monitoring, and improved data encryption standards. Furthermore, it mandates financial institutions to adopt advanced security protocols, providing greater protection to consumers. For banking and economy sections in current affairs 2026, this policy signifies the RBI’s proactive approach to safeguarding India’s rapidly expanding digital economy. The framework’s implementation is expected to instill greater trust among users, thereby encouraging wider adoption of digital payments. This government policy update is critical for maintaining financial stability and integrity, offering significant insights for GK quiz and exam preparation focused on economic impact and regulatory measures.

4. The Union Cabinet recently approved the ‘Pradhan Mantri Gramin Krishi Utpadan Yojana’ (PM-GKUP). What is its primary objective?

A) To promote urban infrastructure development

B) To enhance rural agricultural productivity through tech integration

C) To provide free healthcare in rural areas

D) To establish new rural educational institutions

Correct answer: B) To enhance rural agricultural productivity through tech integration

Notes: On 31-May-2026, the Union Cabinet gave its crucial nod to the ‘Pradhan Mantri Gramin Krishi Utpadan Yojana’ (PM-GKUP). This significant government initiative aims to revolutionize India’s rural agricultural sector by integrating modern technology. Specifically, it focuses on providing farmers with access to advanced farming techniques, digital tools for crop management, and improved market linkages. The scheme seeks to boost productivity, reduce post-harvest losses, and ensure better income for farmers. This governance update is vital for UPSC current affairs, reflecting the government’s commitment to agricultural reforms and rural development. PM-GKUP’s emphasis on technology signifies a forward-looking approach to addressing food security and farmer welfare challenges. Therefore, understanding this policy’s nuances is essential for exam preparation, as it directly impacts social issues, economy, and India’s overall developmental trajectory, a key component of daily current affairs analysis.

5. Which new initiative was launched by the Ministry of Environment on 31-May-2026 for sustainable coastal zone management and mangrove protection?

A) Sagar Mitra

B) Tat Suraksha

C) Harit Tat Rakshak

D) Neela Kinara

Correct answer: C) Harit Tat Rakshak

Notes: The Ministry of Environment, Forest, and Climate Change launched the ‘Harit Tat Rakshak’ initiative on 31-May-2026, signifying a renewed focus on environmental conservation. This program is dedicated to promoting sustainable coastal zone management and robust mangrove protection across India’s vast coastline. Consequently, it involves community participation, scientific research, and policy implementation to safeguard delicate coastal ecosystems. Mangroves are critical for preventing erosion, acting as natural barriers against cyclones, and supporting diverse marine biodiversity. This environment & ecology update is highly relevant for today current affairs and UPSC exam preparation. The initiative underscores India’s commitment to achieving its climate change targets and preserving vital natural resources. Understanding such government initiatives and their ecological impact is crucial for comprehensive exam preparation, reflecting a strong emphasis on sustainable development in current affairs 2026.

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