Daily Current Affairs 24-April-2026 – MCQs, News & Analysis for UPSC, SSC & Banking Exams
1. India recently unveiled a significant initiative to develop a secure communication infrastructure. This project focuses on which cutting-edge technology?
A) Advanced Satellite Imaging
B) Quantum Communication
C) Hypersonic Missile Development
D) Next-Gen AI Processors
Correct answer: B) Quantum Communication
Notes: India’s Ministry of Electronics and Information Technology (MeitY) launched the National Quantum Communication Network (NQCN) on 23-April-2026. This initiative aims to establish a robust, secure communication backbone, critical for national security and digital infrastructure. The NQCN will leverage quantum entanglement and superposition principles to ensure unhackable data transmission, significantly enhancing cybersecurity. This development marks a major step in India’s journey towards technological self-reliance, aligning with the ‘Atmanirbhar Bharat’ vision. For UPSC current affairs, understanding such advancements is vital, covering Science & Technology topics and government policy updates in emerging tech.
2. Which major economic bloc recently finalized a comprehensive Free Trade Agreement (FTA) with India, aiming to boost bilateral trade and investment?
A) ASEAN
B) European Union (EU)
C) Mercosur
D) African Continental Free Trade Area (AfCFTA)
Correct answer: B) European Union (EU)
Notes: On 23-April-2026, India and the European Union successfully concluded negotiations on their long-pending Free Trade Agreement (FTA). This landmark deal is set to significantly reduce tariffs and non-tariff barriers. It will foster greater trade in goods and services, and increase investment flows. Key sectors like automotive, textiles, and pharmaceuticals are expected to benefit immensely. This agreement underscores India’s growing importance in global trade and strengthens its strategic partnership with the EU. Candidates preparing for UPSC exams should analyze its economic impact and implications for India’s international relations and trade policy.
3. The Indian government recently initiated Phase II of which mission, focusing on urban biodiversity enhancement, sustainable resource management, and climate resilience?
A) National River Conservation Plan
B) Swachh Bharat Abhiyan Urban
C) Green Cities Mission
D) Smart Cities Mission
Correct answer: C) Green Cities Mission
Notes: The Ministry of Environment, Forest and Climate Change officially launched Phase II of the Green Cities Mission on 23-April-2026. This ambitious programme aims to transform urban landscapes. It promotes green infrastructure, restores degraded ecosystems, and improves air quality. It also emphasizes citizen participation and the integration of nature-based solutions for urban planning. The mission’s focus on sustainable development is crucial for India’s environmental conservation goals and its commitments under international climate agreements. UPSC current affairs sections often feature government initiatives like this, assessing knowledge of environmental policy and urban development strategies.
4. The Reserve Bank of India (RBI) recently announced the expansion of its pilot project for which innovative financial instrument to include more retail participants and financial institutions?
A) Sovereign Gold Bonds
B) Central Bank Digital Currency (CBDC)
C) Green Bonds
D) Real Estate Investment Trusts (REITs)
Correct answer: B) Central Bank Digital Currency (CBDC)
Notes: On 23-April-2026, the Reserve Bank of India (RBI) announced a significant expansion of its retail Central Bank Digital Currency (CBDC) pilot project. This move will involve more banks and a wider range of retail users across several major cities. The aim is to assess its scalability and user adoption. The e-Rupee, India’s digital currency, seeks to offer a more efficient, secure, and inclusive payment system. It complements existing payment methods. This development in financial technology holds immense economic impact. It is a critical topic for today current affairs analysis, especially for banking and UPSC exam preparation on monetary policy and digital economy.
5. The Indian Navy successfully conducted the maiden sea trial of its newest indigenously built conventional submarine. What is the name of this submarine?
A) INS Kalvari
B) INS Khanderi
C) INS Vajra
D) INS Karanj
Correct answer: C) INS Vajra
Notes: The Indian Navy achieved a major milestone on 23-April-2026, with the successful maiden sea trial of INS Vajra. This is its latest indigenously constructed conventional submarine. Developed under Project 75I, INS Vajra incorporates advanced stealth features, sophisticated weaponry, and state-of-the-art sensor technology. It significantly enhances India’s underwater warfare capabilities. This achievement highlights India’s growing self-reliance in defence manufacturing. It also strengthens its naval power in the Indian Ocean Region. For UPSC current affairs and GK quiz segments, understanding such defence acquisitions and their strategic significance is crucial for aspiring candidates.