Current Affairs MCQs: 12-May-2026 | UPSC, SSC Daily Quiz with Answers & Notes

Correct answer: B) Reserve Bank of India (RBI)

Notes: The Reserve Bank of India (RBI) yesterday unveiled a progressive framework for the digital rupee (e₹) in the interbank lending market. This move targets enhanced efficiency and reduced settlement risks within the financial system. The announcement is a crucial step in India’s central bank digital currency (CBDC) journey, following its initial pilot programs. This latest update, part of our daily current affairs analysis, highlights the RBI’s commitment to modernising financial infrastructure. For UPSC current affairs and banking exam preparation, understanding the implications of e₹ for monetary policy and financial stability is key. It signifies a major government policy update in the digital economy sphere. Experts believe this framework will streamline transactions and foster greater transparency, impacting India’s economic growth positively.

Correct answer: B) Canada

Notes: Canada recently made headlines by becoming the first G20 nation to officially ratify the proposed Global Plastic Pollution Treaty. This significant development, a key point in today current affairs, underscores Canada’s proactive stance on combating plastic waste. The treaty, currently under negotiation, aims to establish legally binding international rules to end plastic pollution across its entire lifecycle. This environmental milestone has global significance, encouraging other major economies to follow suit. For aspirants preparing for UPSC and other competitive exams, this demonstrates a growing international relations focus on environmental governance and sustainable development goals. Such commitments reflect evolving global policy significance and impact future environmental protocols. This latest news analysis is vital for understanding international cooperation on pressing ecological issues.

Correct answer: A) Advanced weather forecasting and disaster monitoring

Notes: The Indian Space Research Organisation (ISRO) achieved another milestone yesterday with the successful launch of its Earth Observation Satellite (EOS-7). This next-generation satellite is designed to provide highly accurate data for advanced weather forecasting, climate studies, and disaster monitoring, a critical area in our daily current affairs update. Its enhanced capabilities will significantly improve India’s ability to predict extreme weather events and manage disaster relief efforts. For UPSC current affairs, understanding ISRO’s advancements in space technology and their societal impact is crucial. This development showcases India’s prowess in science and technology and its commitment to utilizing space for national benefit. The mission underscores the government’s focus on integrating cutting-edge technology for public welfare and environmental protection. This latest news is highly relevant for exam preparation.

Correct answer: B) Ministry of Electronics and Information Technology (MeitY)

Notes: The Ministry of Electronics and Information Technology (MeitY) yesterday unveiled ‘Digital Villages 2.0’, an ambitious initiative aimed at bridging the digital divide in rural India. This project focuses on enhancing digital literacy, promoting cashless transactions, and ensuring access to essential digital services for remote communities. This significant government initiative, a key highlight in today current affairs, builds upon the successes of its predecessor, aiming for broader outreach and deeper impact. For competitive exam preparation, particularly UPSC current affairs, understanding such governance initiatives and their social impact is vital. It aligns with India’s broader vision of digital inclusion and equitable development. This policy significance will empower rural populations, fostering economic growth and improving the quality of life through technology adoption. This is a critical government policy update.

Correct answer: B) Climate change and habitat destruction

Notes: An international consortium of environmental scientists released a concerning report yesterday, detailing accelerating biodiversity loss across the Himalayan region. The report primarily attributes this decline to the dual threats of climate change and rampant habitat destruction, making it a critical topic in daily current affairs. Melting glaciers, altered precipitation patterns, and increasing human encroachment are severely impacting unique ecosystems and endemic species. This environmental issue has profound national and global significance, affecting water security and regional climate patterns. For UPSC current affairs and exam preparation, understanding the ecological impact of climate change in sensitive zones like the Himalayas is essential. This latest news analysis emphasizes the urgent need for conservation efforts and sustainable development policies in fragile mountain environments. It is a vital update on environment and ecology.