Daily Current Affairs 08-May-2026 – MCQs, News & Analysis for UPSC, SSC & Banking Exams
1. Which Indian organisation recently successfully launched the ‘NavIC-3’ satellite, enhancing indigenous navigation capabilities?
A) Defence Research and Development Organisation (DRDO)
B) Indian Space Research Organisation (ISRO)
C) National Remote Sensing Centre (NRSC)
D) Bharat Electronics Limited (BEL)
Correct answer: B) Indian Space Research Organisation (ISRO)
Notes: The Indian Space Research Organisation (ISRO) successfully launched the ‘NavIC-3’ satellite aboard a Geosynchronous Satellite Launch Vehicle (GSLV) from Sriharikota yesterday. This latest addition significantly bolsters India’s indigenous navigation system, NavIC (Navigation with Indian Constellation). It aims to provide highly accurate position, navigation, and timing services across India and its surrounding regions. This technological advancement is crucial for national security, disaster management, and various commercial applications. Students preparing for UPSC current affairs must understand its strategic implications. This development reinforces India’s self-reliance in space technology, a key focus of current affairs 2026. This launch directly contributes to India’s position as a growing space power, offering vital data for civilian and military use. Regular monitoring of such government policy updates is vital for exam preparation.
2. India and which nation concluded a landmark Green Strategic Partnership Agreement (GSPA) focusing on renewable energy and sustainable development?
A) Germany
B) United Kingdom
C) Denmark
D) Japan
Correct answer: C) Denmark
Notes: India and Denmark signed a significant Green Strategic Partnership Agreement (GSPA) yesterday, bolstering cooperation in renewable energy, water management, and sustainable urban development. This agreement, highlighted in today current affairs, aims to accelerate the green transition in both nations through shared expertise and technology. The partnership underlines India’s commitment to climate action and achieving its ambitious renewable energy targets. Furthermore, it opens avenues for Danish investments and technological transfer, crucial for India’s sustainable growth. For UPSC current affairs, this signifies deepening international relations focused on environmental goals. This development is a key part of latest news analysis regarding bilateral ties and climate diplomacy. It showcases how global partnerships drive progress in crucial sectors. Aspirants should track such international collaborations for comprehensive exam preparation.
3. The Reserve Bank of India (RBI) recently announced new guidelines for Urban Cooperative Banks (UCBs) concerning what specific financial aspect?
A) Introduction of digital currencies
B) Gold loan portfolio diversification
C) Board of Management structure and composition
D) Lending rates for agricultural loans
Correct answer: C) Board of Management structure and composition
Notes: The Reserve Bank of India (RBI) issued revised guidelines yesterday mandating a robust Board of Management (BoM) structure for all Urban Cooperative Banks (UCBs). This measure, a critical update in daily current affairs, aims to strengthen governance and oversight within the cooperative banking sector. The new framework specifies eligibility criteria for BoM members and outlines their responsibilities, ensuring professionalism and accountability. This policy significance is crucial for financial stability, protecting depositors’ interests, and preventing mismanagement. For UPSC current affairs and banking exams, understanding such regulatory changes is paramount. It reflects the RBI’s ongoing efforts to streamline the functioning of cooperative banks. This step enhances the credibility and operational efficiency of UCBs, directly impacting the broader economic landscape and regulatory environment. Candidates should include this government policy update in their GK quiz preparation.
4. India initiated a new national program yesterday to promote circular economy practices, specifically targeting which type of waste?
A) Agricultural residue
B) Construction and Demolition (C&D) waste
C) Electronic waste (E-waste)
D) Single-use plastics
Correct answer: B) Construction and Demolition (C&D) waste
Notes: The Ministry of Environment, Forest, and Climate Change launched a ‘National Program for Sustainable C&D Waste Management’ yesterday, focusing on circular economy principles. This significant environmental initiative, featured in current affairs 2026, aims to minimize waste generation from construction activities. It promotes resource recovery, recycling, and reuse of construction and demolition debris. India faces immense challenges with growing C&D waste due to rapid urbanization. This program provides a framework for sustainable practices, reducing landfill burden and conserving natural resources. Its exam relevance lies in understanding government policy update on waste management and sustainable development. This latest news analysis highlights India’s commitment to environmental conservation and efficient resource utilization. Students should examine such initiatives for their holistic exam preparation, especially for environmental and governance sections.
5. Which indigenous Anti-Tank Guided Missile (ATGM) was successfully flight-tested by DRDO yesterday, demonstrating enhanced capabilities?
A) Akash-NG
B) Nag (Pro-series)
C) Helina (Variant)
D) Dhruvastra
Correct answer: B) Nag (Pro-series)
Notes: The Defence Research and Development Organisation (DRDO) successfully conducted a flight test of the ‘Nag (Pro-series)’ Anti-Tank Guided Missile (ATGM) yesterday. This test, a major highlight in daily current affairs, showcased the missile’s improved range and precision strike capabilities against simulated enemy tanks. The Nag missile system is crucial for bolstering India’s defence preparedness and achieving self-reliance under the ‘Atmanirbhar Bharat’ initiative. This indigenous development significantly enhances the Indian Army’s offensive capabilities against armoured threats. For UPSC current affairs, understanding such defence and security updates is vital. This latest news analysis demonstrates India’s technological prowess in advanced weaponry. Continued advancements in defence technology, like this government initiative, are crucial for national security. Candidates should focus on these strategic developments for their GK quiz and overall exam preparation.
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