Daily Current Affairs 08-October-2026 – Latest MCQs & News Analysis for UPSC, SSC & Banking Exams.
1. Which institution recently launched the advanced indigenous carbon-nanotube manufacturing reactor for aerospace applications?
A) ISRO
B) DRDO
C) CSIR
D) BARC
Correct answer: B) DRDO
Notes: The Defence Research and Development Organisation has successfully operationalized an advanced indigenous manufacturing reactor to produce high-purity carbon nanotubes for lightweight structural composites. As detailed in a PIB release, this technological breakthrough aims to significantly reduce import dependency for critical stealth and aerospace components. Carbon nanotubes offer exceptional strength-to-weight ratios and thermal conductivity, making them indispensable for modern military hardware and next-generation aircraft design. For civil services aspirants, questions focusing on domestic defence manufacturing capabilities frequently appear in science and technology segments. Mastering such updates strengthens your preparation for both preliminary and mains examinations involving indigenous technological self-reliance.
2. The International Solar Alliance recently admitted which country as its newest member during the latest assembly session?
A) Fiji
B) Paraguay
C) Seychelles
D) Mauritius
Correct answer: B) Paraguay
Notes: Paraguay formally ratified its framework agreement to join the International Solar Alliance, expanding South American participation in renewable energy cooperation. According to an official Ministry of External Affairs statement, the move underscores global trust in India-led multilateral climate initiatives designed to mobilize affordable solar finance. The alliance seeks to bridge energy deficits across the Global South through coordinated policy frameworks and technology transfers. Environment and ecology questions in competitive tests often evaluate international multilateral treaties and institutional expansions, making this a high-yield topic for aspirants tracking global diplomatic developments.
3. What is the primary objective of the newly introduced PM-Vikas scheme framework reviewed by the Union Cabinet?
A) Digital literacy in rural schools
B) Skill upgradation for traditional artisans
C) Groundwater recharge in arid blocks
D) Subsidized credit for organic farmers
3. What is the primary objective of the newly introduced PM-Vikas scheme framework reviewed by the Union Cabinet?
A) Digital literacy in rural schools
B) Skill upgradation for traditional artisans
C) Groundwater recharge in arid blocks
D) Subsidized credit for organic farmers
Correct answer: B) Skill upgradation for traditional artisans
Notes: The Union Cabinet reviewed the implementation progress of the Pradhan Mantri Vishwakarma Kaushal Samman scheme, focusing on grassroots capacity building. As highlighted in a government policy update, the initiative integrates traditional craftspeople into formal value chains by providing modern toolkits, credit support, and digital branding assistance. Preserving indigenous heritage while ensuring economic viability remains a cornerstone of inclusive governance models evaluated in civil services exams. Aspirants must analyze how welfare convergence strategies impact marginalized occupational communities across semi-urban and rural landscapes.
4. Which financial institution recently released the macro-financial risk review emphasizing resilience in non-banking financial companies?
A) World Bank
B) Reserve Bank of India
C) International Monetary Fund
D) Asian Development Bank
4. Which financial institution recently released the macro-financial risk review emphasizing resilience in non-banking financial companies?
A) World Bank
B) Reserve Bank of India
C) International Monetary Fund
D) Asian Development Bank
4. Which financial institution recently released the macro-financial risk review emphasizing resilience in non-banking financial companies?
A) World Bank
B) Reserve Bank of India
C) International Monetary Fund
D) Asian Development Bank
Correct answer: B) Reserve Bank of India
Notes: The Reserve Bank of India published its comprehensive financial stability assessment, spotlighting capital adequacy buffers across key shadow banking institutions. Based on a central bank press statement, systemic credit growth remains robust despite tighter monetary tightening cycles. The report underscores the importance of proactive liquidity management to mitigate external macroeconomic shocks and currency volatility. Banking and civil services examinations test conceptual clarity regarding systemic risk indicators, regulatory compliance, and monetary transmission mechanisms, making this an essential economic update.
5. Which country hosted the multinational maritime exercise Milan 2026 focusing on interoperability in the Indo-Pacific?
A) Australia
B) Japan
C) India
D) France
Correct answer: C) India
Notes: The Indian Navy successfully hosted the latest edition of the multilateral naval exercise Milan, drawing participating fleets from dozens of friendly foreign nations. According to a Ministry of Defence briefing, the drills focused on joint anti-submarine warfare, maritime domain awareness, and humanitarian assistance protocols. This biennial congregation reinforces strategic partnerships and collaborative security architecture across critical oceanic trade routes. Defence and security analyses in competitive exams frequently test geopolitical alignments and naval diplomacy frameworks shaping regional stability.
Daily Current Affairs FAQs on Today’s Current Affairs
Q1. What is the primary purpose of the carbon-nanotube reactor launched by DRDO?
The newly operationalized reactor produces high-purity carbon nanotubes domestically to manufacture lightweight structural composites and advanced stealth materials for military aircraft, thereby reducing foreign import dependency.
Q2. Which nation recently joined the International Solar Alliance?
Paraguay officially ratified its framework agreement to become the newest member state of the International Solar Alliance during its recent assembly session.
Q3. What financial body published the recent macro-financial risk review on shadow banking?
The Reserve Bank of India released the stability assessment report highlighting capital adequacy buffers and systemic credit resilience across non-banking financial institutions.