50 Important Current Affairs MCQs with Answers and Explanations for 13 October 2026
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50 Important Current Affairs MCQs with Answers – 13 October 2026

50 Important Current Affairs MCQs with Answers & Explanations

13 October 2026 | Daily Current Affairs Quiz | MCQQuestions.in

This practice set is designed for UPSC, SSC, Banking, Railway, State PSC, Defence,OAVS and other competitive examinations. It covers recent Indian news, the economy, international affairs, science, the environment, sports, and important reports.

Section 1: National Current Affairs

1. What was India’s retail inflation rate in September 2026, according to the latest reported figures?

A. 4.00%

B. 4.83%

C. 5.54%

D. 6.50%

Correct Answer: C. 5.54%

Explanation: India’s retail inflation rose to 5.54% year-on-year in September 2026, approaching the Reserve Bank of India’s upper tolerance limit of 6%. Higher food prices contributed to the increase.

2. Which food inflation rate was reported for India in September 2026?

A. 4.25%

B. 5.54%

C. 6.10%

D. 7.74%

Correct Answer: D. 7.74%

Explanation: Food inflation accelerated to 7.74% in September 2026. Rising prices of essential food items, including onions, ginger and garlic, contributed to the increase.

3. Which Delhi location was reported to have been denotified as a designated protest site in October 2026?

A. India Gate

B. Jantar Mantar

C. Red Fort

D. Rajghat

Correct Answer: B. Jantar Mantar

Explanation: News reporting on 13 October 2026 highlighted the denotification of Jantar Mantar as a designated protest site. The development raises questions about the regulation of public demonstrations and freedom of assembly.

4. Which institution determines India’s monetary policy rate through its Monetary Policy Committee?

A. NITI Aayog

B. Finance Commission

C. Reserve Bank of India

D. Securities and Exchange Board of India

Correct Answer: C. Reserve Bank of India

Explanation: The RBI’s Monetary Policy Committee (MPC) determines the policy rate needed to achieve the inflation target. Its decisions influence borrowing costs, credit demand and economic activity.

5. Under which law is India’s Monetary Policy Committee constituted?

A. Banking Regulation Act, 1949

B. RBI Act, 1934

C. Companies Act, 2013

D. Finance Act, 2017

Correct Answer: B. RBI Act, 1934

Explanation: Section 45ZB of the amended Reserve Bank of India Act, 1934, provides for the constitution of the MPC. The committee has six members and is responsible for determining the policy rate required to achieve the inflation target.

6. Which Indian state was highlighted in October 2026 current-affairs coverage for declaring drought?

A. Andhra Pradesh

B. Kerala

C. Punjab

D. Assam

Correct Answer: A. Andhra Pradesh

Explanation: Andhra Pradesh’s drought declaration was highlighted in current-affairs coverage. Drought can affect agricultural production, rural incomes, water availability and the demand for government relief.

7. Which traditional Indian river-water dispute was highlighted in recent current-affairs coverage?

A. Ravi–Beas dispute

B. Mahanadi water dispute

C. Krishna–Godavari dispute

D. Narmada dispute

Correct Answer: B. Mahanadi water dispute

Explanation: The Mahanadi water dispute is an important inter-state water-sharing issue involving Odisha and Chhattisgarh. Water allocation, reservoir management and the needs of agriculture are central to such disputes.

8. Which scheme supports Indian athletes preparing for major international sporting events?

A. PM-KISAN

B. Target Olympics Podium Scheme

C. PMAY-U

D. PMGSY

Correct Answer: B. Target Olympics Podium Scheme

Explanation: The Target Olympics Podium Scheme (TOPS) supports selected athletes with the objective of improving India’s performance at major international competitions, including the Olympic Games.

9. Which organisation publishes official press releases from the Government of India?

A. Press Information Bureau

B. Election Commission of India

C. Union Public Service Commission

D. National Human Rights Commission

Correct Answer: A. Press Information Bureau

Explanation: The Press Information Bureau (PIB) disseminates official government information, press releases and updates from ministries and other government bodies. It is a useful primary source for verifying government announcements.

10. Which fundamental rights are particularly relevant to peaceful public demonstrations in India?

A. Articles 14 and 15 only

B. Articles 19(1)(a) and 19(1)(b)

C. Articles 25 and 26 only

D. Articles 32 and 44 only

Correct Answer: B. Articles 19(1)(a) and 19(1)(b)

Explanation: Article 19(1)(a) protects freedom of speech and expression, while Article 19(1)(b) protects the right to assemble peaceably and without arms. These rights are subject to constitutionally permitted reasonable restrictions.

Section 2: Economy and Banking

11. What is the medium-term retail inflation target of the RBI?

A. 2%

B. 3%

C. 4%

D. 6%

Correct Answer: C. 4%

Explanation: India’s inflation-targeting framework sets a consumer price inflation target of 4%, with a tolerance band of 2% to 6%. The framework guides monetary policy decisions.

12. What does a basis point represent in financial markets?

A. 1 percentage point

B. 0.1 percentage point

C. 0.01 percentage point

D. 10 percentage points

Correct Answer: C. 0.01 percentage point

Explanation: One basis point equals 0.01 percentage point. Therefore, a 25-basis-point rate increase is equivalent to a rise of 0.25 percentage point.

13. What is the primary objective of monetary policy in India’s inflation-targeting framework?

A. Eliminate all imports

B. Maintain price stability while keeping growth in mind

C. Fix every market price

D. Set government salaries

Correct Answer: B. Maintain price stability while keeping growth in mind

Explanation: Monetary policy seeks to maintain price stability while considering economic growth. Interest-rate changes influence borrowing, spending, investment and inflation.

14. Which institution regulates India’s securities market?

A. SEBI

B. NABARD

C. IRDAI

D. SIDBI

Correct Answer: A. SEBI

Explanation: The Securities and Exchange Board of India regulates the securities market and works to protect investors, promote market development and regulate market participants.

15. What does GDP stand for?

A. General Development Programme

B. Gross Domestic Product

C. Global Demand Projection

D. Government Debt Policy

Correct Answer: B. Gross Domestic Product

Explanation: GDP measures the value of final goods and services produced within a country’s domestic territory during a specified period. It is a major indicator of economic activity.

16. Which institution is India’s central bank?

A. State Bank of India

B. Reserve Bank of India

C. Punjab National Bank

D. Bank of Baroda

Correct Answer: B. Reserve Bank of India

Explanation: The RBI is India’s central bank. Its responsibilities include monetary policy, currency management, banking regulation and oversight of payment systems.

17. What is the main purpose of the Account Aggregator framework in India?

A. To provide free electricity

B. To enable consent-based sharing of financial information

C. To issue passports

D. To regulate school examinations

Correct Answer: B. To enable consent-based sharing of financial information

Explanation: The Account Aggregator framework enables individuals to share specified financial information electronically with regulated financial institutions, subject to consent. It can simplify access to financial services.

18. Which organisation is primarily responsible for regulating insurance in India?

A. IRDAI

B. SEBI

C. TRAI

D. FSSAI

Correct Answer: A. IRDAI

Explanation: The Insurance Regulatory and Development Authority of India regulates and promotes the orderly growth of India’s insurance sector and protects policyholders’ interests.

19. What does repo rate generally refer to in Indian monetary policy?

A. The rate at which banks lend to customers for home purchases

B. The rate at which the RBI lends funds to banks under the relevant arrangement against eligible securities

C. The rate of income tax

D. The interest paid on every savings account

Correct Answer: B. The rate at which the RBI lends funds to banks under the relevant arrangement against eligible securities

Explanation: The repo rate is a key monetary policy rate. Changes in it can influence the cost of funds for banks and, in turn, lending and deposit rates across the economy.

20. Which institution provides financial and developmental support to India’s agriculture and rural sectors?

A. NABARD

B. SEBI

C. ISRO

D. UGC

Correct Answer: A. NABARD

Explanation: The National Bank for Agriculture and Rural Development supports agriculture, rural development and rural financial institutions through refinancing, development initiatives and related activities.

Section 3: International Current Affairs and Organisations

21. What does IMEC stand for in international economic cooperation?

A. Indian Maritime Export Council

B. India–Middle East–Europe Economic Corridor

C. International Monetary Exchange Committee

D. Indian Manufacturing and Energy Council

Correct Answer: B. India–Middle East–Europe Economic Corridor

Explanation: IMEC is a proposed connectivity initiative intended to strengthen links between India, the Middle East and Europe through transport and economic infrastructure. It is relevant to trade, logistics and geopolitical cooperation.

22. Which international organisation is responsible for coordinating global public-health efforts?

A. WHO

B. WTO

C. ILO

D. ICAO

Correct Answer: A. WHO

Explanation: The World Health Organization coordinates international public-health activities, supports disease surveillance and provides technical guidance to countries.

23. What is the full form of WTO?

A. World Transport Organisation

B. World Trade Organization

C. World Tourism Office

D. Worldwide Technology Organisation

Correct Answer: B. World Trade Organization

Explanation: The WTO deals with the rules of international trade, provides a forum for trade negotiations and administers mechanisms for resolving trade disputes.

24. Which organisation publishes the World Economic Outlook report?

A. International Monetary Fund

B. UNESCO

C. UNICEF

D. International Court of Justice

Correct Answer: A. International Monetary Fund

Explanation: The International Monetary Fund publishes the World Economic Outlook, which analyses global economic growth, inflation, risks and economic policy developments.

25. Where is the headquarters of the United Nations located?

A. Geneva, Switzerland

B. Paris, France

C. New York City, USA

D. Vienna, Austria

Correct Answer: C. New York City, USA

Explanation: The United Nations headquarters is in New York City. The organisation works on international peace and security, development, human rights and cooperation among nations.

26. Which organisation is associated with international labour standards?

A. International Labour Organization

B. World Bank

C. International Atomic Energy Agency

D. World Intellectual Property Organization

Correct Answer: A. International Labour Organization

Explanation: The ILO promotes decent work, workers’ rights, social protection and dialogue among governments, employers and workers.

27. What is the primary purpose of the Paris Agreement?

A. To regulate international banking

B. To address climate change

C. To establish a global currency

D. To govern international aviation

Correct Answer: B. To address climate change

Explanation: The Paris Agreement is an international climate treaty adopted in 2015. It aims to strengthen the global response to climate change, including efforts to limit the rise in global average temperature.

28. Which organisation publishes the Human Development Report?

A. UNDP

B. WTO

C. NATO

D. OPEC

Correct Answer: A. UNDP

Explanation: The United Nations Development Programme publishes the Human Development Report, which examines development beyond income, including health, education and living standards.

29. What does NATO stand for?

A. North Atlantic Treaty Organization

B. National Asian Trade Organization

C. New Atlantic Transport Office

D. Northern Association of Tourism Operators

Correct Answer: A. North Atlantic Treaty Organization

Explanation: NATO is a political and military alliance established in 1949. Its collective-defence principle is set out in Article 5 of the North Atlantic Treaty.

30. Which international financial institution provides loans and assistance for development projects and poverty reduction?

A. World Bank

B. FIFA

C. Interpol

D. International Olympic Committee

Correct Answer: A. World Bank

Explanation: The World Bank Group supports development through financing, expertise and other forms of assistance. Its work includes poverty reduction, infrastructure, education and health.

Section 4: Science and Technology

31. Which Indian organisation is responsible for the country’s major space missions?

A. DRDO

B. ISRO

C. CSIR

D. BARC

Correct Answer: B. ISRO

Explanation: The Indian Space Research Organisation develops and operates space systems for satellite communications, Earth observation, navigation, scientific research and planetary exploration.

32. What does AI stand for?

A. Automated Internet

B. Artificial Intelligence

C. Advanced Integration

D. Applied Information

Correct Answer: B. Artificial Intelligence

Explanation: Artificial intelligence refers to computer systems designed to perform tasks associated with human intelligence, such as language processing, pattern recognition and decision support.

33. A recent science report discussed AI helping identify what inside viruses that infect bacteria?

A. A previously unknown enzyme system

B. A new continent

C. A planetary ring

D. A new human organ

Correct Answer: A. A previously unknown enzyme system

Explanation: October 2026 current-affairs coverage highlighted research in which an AI system helped identify a previously unknown enzyme system in bacteriophages, viruses that infect bacteria. Such research illustrates AI’s potential in biological discovery.

34. What is the main function of a communication satellite?

A. To produce agricultural fertilisers

B. To relay communication signals over large distances

C. To manufacture computer chips

D. To generate electricity underground

Correct Answer: B. To relay communication signals over large distances

Explanation: Communication satellites relay signals used for television broadcasting, telephone communications, internet connectivity and other communication services.

35. Which Indian organisation is primarily associated with defence research and development?

A. DRDO

B. SEBI

C. FCI

D. NCERT

Correct Answer: A. DRDO

Explanation: The Defence Research and Development Organisation develops technologies and systems for India’s defence needs, including missiles, electronics, sensors and other military equipment.

36. What is the principal purpose of quantum computing research?

A. To replace every conventional computer immediately

B. To use quantum-mechanical principles for computation

C. To increase the Earth’s rotation speed

D. To eliminate all computer networks

Correct Answer: B. To use quantum-mechanical principles for computation

Explanation: Quantum computing uses principles such as superposition and entanglement. It may offer advantages for certain specialised computational problems, although practical capabilities and limitations vary.

37. What is biotechnology primarily concerned with?

A. Using living organisms or biological systems to develop products and processes

B. Studying only ancient monuments

C. Manufacturing roads exclusively

D. Measuring planetary distances only

Correct Answer: A. Using living organisms or biological systems to develop products and processes

Explanation: Biotechnology applies biological knowledge and techniques in fields such as medicine, agriculture, food production, industrial processing and environmental management.

Section 5: Environment and Climate

38. Which report was highlighted in October 2026 current-affairs coverage for assessing the state of nature and wildlife populations?

A. Living Planet Report 2026

B. World Economic Outlook

C. Human Development Report

D. World Investment Report

Correct Answer: A. Living Planet Report 2026

Explanation: The Living Planet Report examines trends in wildlife populations and broader biodiversity concerns. It is associated with the World Wide Fund for Nature (WWF) and the Zoological Society of London.

39. Which organisation is associated with publishing the Living Planet Report?

A. WWF

B. RBI

C. SEBI

D. ISRO

Correct Answer: A. WWF

Explanation: The World Wide Fund for Nature is a conservation organisation that works on biodiversity, wildlife protection and environmental sustainability. The Living Planet Report is produced in collaboration with scientific partners, including the Zoological Society of London.

40. Which gas is the principal contributor to human-caused global warming through its emissions from fossil-fuel combustion?

A. Oxygen

B. Carbon dioxide

C. Helium

D. Neon

Correct Answer: B. Carbon dioxide

Explanation: Carbon dioxide is a major greenhouse gas emitted through fossil-fuel use, cement production and land-use changes. It traps heat in the atmosphere and contributes to global warming.

41. What is the primary purpose of the Carbon Border Adjustment Mechanism (CBAM)?

A. To establish a global sports league

B. To address carbon emissions associated with certain imported goods

C. To control school admissions

D. To regulate ocean tides

Correct Answer: B. To address carbon emissions associated with certain imported goods

Explanation: The European Union’s CBAM is designed to address the carbon emissions embedded in specified imports. It is linked to climate policy and concerns about carbon leakage and competitiveness.

42. The Great Indian Bustard is primarily associated with which type of habitat?

A. Dry grasslands and open landscapes

B. Deep ocean trenches

C. Permanent polar ice sheets

D. Dense underwater coral reefs

Correct Answer: A. Dry grasslands and open landscapes

Explanation: The Great Indian Bustard is a critically endangered bird associated with arid and semi-arid grasslands and open habitats. Habitat degradation and infrastructure-related risks are important conservation concerns.

43. What is the main purpose of biodiversity conservation?

A. To eliminate all wild species

B. To protect the variety of life and the ecosystems that support it

C. To replace natural forests with buildings

D. To prevent all natural ecological changes

Correct Answer: B. To protect the variety of life and the ecosystems that support it

Explanation: Biodiversity conservation protects genetic diversity, species and ecosystems. It also supports ecosystem services such as pollination, soil fertility, water regulation and food security.

44. What is El Niño?

A. A type of earthquake

B. A periodic warming of surface waters in the central and eastern equatorial Pacific Ocean

C. A form of solar eclipse

D. A type of volcanic rock

Correct Answer: B. A periodic warming of surface waters in the central and eastern equatorial Pacific Ocean

Explanation: El Niño is part of the El Niño–Southern Oscillation climate pattern. It can alter rainfall, temperatures and weather patterns in different regions, including parts of South Asia.

Section 6: Sports, Awards and Reports

45. How many medals did India win at the 2026 Asian Games, according to recent reporting?

A. 65

B. 75

C. 85

D. 106

Correct Answer: C. 85

Explanation: Recent reporting stated that India won 85 medals at the 2026 Asian Games: 21 gold, 27 silver and 37 bronze. India retained fourth place in the overall medal standings.

46. How many gold medals did India win at the 2026 Asian Games, according to the reported tally?

A. 18

B. 21

C. 27

D. 37

Correct Answer: B. 21

Explanation: India’s reported medal tally included 21 gold medals, along with 27 silver and 37 bronze medals. The figures were part of the post-Games performance review coverage.

47. Which sport produced a historic women’s individual recurve gold for India at the 2026 Asian Games, according to recent reporting?

A. Archery

B. Hockey

C. Badminton

D. Wrestling

Correct Answer: A. Archery

Explanation: Recent coverage highlighted India’s historic gold in the women’s individual recurve archery event. The Indian team also won nine medals in archery at the Games.

48. Which global index was highlighted in October 2026 current-affairs coverage as a measure of innovation performance?

A. Global Innovation Index 2026

B. Global Hunger Index only

C. Corruption Perceptions Index only

D. World Happiness Report only

Correct Answer: A. Global Innovation Index 2026

Explanation: The Global Innovation Index compares innovation performance across economies using indicators related to innovation inputs and outputs. It is published by the World Intellectual Property Organization (WIPO).

49. The Nobel Prize in which field is especially associated with economic sciences?

A. Economic Sciences

B. Architecture

C. Journalism

D. Computer Hardware

Correct Answer: A. Economic Sciences

Explanation: The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel is commonly called the Nobel Prize in Economics. It recognises important contributions to economic research. October 2026 news coverage included the announcement of the year’s economics laureates.

50. Which organisation publishes the Global Innovation Index?

A. World Intellectual Property Organization

B. World Health Organization

C. International Labour Organization

D. International Monetary Fund

Correct Answer: A. World Intellectual Property Organization

Explanation: WIPO publishes the Global Innovation Index, which assesses innovation performance across countries and economies. It considers factors such as institutions, human capital, research, infrastructure and innovation outputs.

50 Important Current Affairs MCQs with Answers and Explanations for 13 October 2026
50 Important Current Affairs MCQs with Answers – 13 October 2026

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