Daily Current Affairs 24-May-2026 – MCQs, News & Analysis for UPSC, SSC & Banking Exams
1. India’s Space Research Organisation (ISRO) recently launched which advanced Earth observation satellite for enhanced climate monitoring capabilities?
A) Prithvi-Sat V
B) Akash-Scan III
C) Sagar-Eye II
D) Dhruv-Monitor I
Correct answer: A) Prithvi-Sat V
Notes: ISRO achieved another milestone in its space endeavors with the successful launch of “Prithvi-Sat V” on 24-May-2026. This advanced Earth observation satellite is designed to significantly boost India’s capabilities in climate monitoring and environmental assessment. Prithvi-Sat V will provide high-resolution data crucial for understanding weather patterns, tracking environmental changes, and aiding disaster management efforts. Its successful deployment highlights India’s growing prowess in space technology and its commitment to global environmental conservation. This development is vital for UPSC current affairs and demonstrates India’s self-reliance in science & tech developments.
2. Which group of nations recently concluded a summit in Tokyo, agreeing on a new framework to strengthen global supply chain resilience?
A) BRICS
B) G20
C) G7
D) ASEAN
Correct answer: C) G7
Notes: The G7 nations concluded their high-profile summit in Tokyo on 24-May-2026, where leaders committed to a new framework for enhancing global supply chain resilience. This international relations update focuses on mitigating future disruptions, particularly concerning critical minerals and essential goods. The agreement aims to diversify sourcing, improve transparency, and foster greater international cooperation among member states. This initiative carries significant economic impact, influencing global trade and stability. Understanding such government policy updates is crucial for today current affairs analysis, especially for candidates preparing for competitive exams like UPSC and Banking exams.
3. The Reserve Bank of India (RBI) recently announced its decision to maintain the repo rate at what percentage, citing inflationary concerns?
A) 6.0%
B) 6.25%
C) 6.5%
D) 6.75%
Correct answer: C) 6.5%
Notes: In its latest monetary policy review on 24-May-2026, the Reserve Bank of India (RBI) decided to maintain the benchmark repo rate at 6.5%. This decision reflects ongoing concerns about persistent inflationary pressures and global economic uncertainties. The RBI emphasized its commitment to price stability while supporting economic growth. This key economy update impacts lending rates, borrowing costs, and overall market liquidity. Such policy significance is a regular feature in daily current affairs, providing essential knowledge for banking exams and UPSC aspirants studying economic updates and government policy.
4. The Ministry of Environment, Forest and Climate Change recently launched “Green India Mission 2.0” to focus on which key area?
A) Rural afforestation and water harvesting
B) Urban biodiversity and sustainable resource management
C) Coastal ecosystem restoration only
D) Desertification control in drylands
Correct answer: B) Urban biodiversity and sustainable resource management
Notes: On 24-May-2026, the Ministry of Environment, Forest and Climate Change unveiled “Green India Mission 2.0,” significantly expanding its scope. This government initiative now prominently focuses on urban biodiversity conservation and sustainable resource management across 100 Indian cities. The mission aims to create greener urban spaces, improve air quality, and enhance ecological resilience in metropolitan areas. This environment & ecology update reflects the government’s growing recognition of urban environmental challenges. It provides crucial insights for UPSC current affairs and GK quiz segments, highlighting India’s commitment to sustainable development and policy significance.
5. India successfully conducted the maiden flight test of which next-generation ballistic missile variant, enhancing its strategic capabilities?
A) BrahMos NG
B) Agni-Prime-V
C) Trishul Advanced
D) Prithvi-II Enhanced
Correct answer: B) Agni-Prime-V
Notes: India achieved a significant milestone in its defence & security capabilities with the successful maiden flight test of “Agni-Prime-V” on 24-May-2026. This next-generation variant of the Agni missile series represents a leap in strategic deterrence technology. The test validated its advanced features, including enhanced maneuverability and precision guidance systems. This latest news analysis emphasizes India’s commitment to strengthening its indigenous defence manufacturing and strategic autonomy. Such developments are critical for daily current affairs, offering key insights for UPSC exam preparation, particularly in the science and technology and national security sections.
