Current Affairs Quiz — 26 October 2026

10 multiple-choice questionson the day's news for SSC, Banking, Railways, UPSC and State PSC exams. Try each one, then open the answer. Questions are written by AI from the day's sourced digest.

In this quiz: RBI Monetary Policy Committee Hikes Repo Rate to 5.50% · India's Current Account Deficit Stands at 0.5% of GDP in Q1:2026-27 · RBI Releases October 2026 Economic Bulletin · India Concludes 20th Asian Games Campaign with 85 Medals · Indian Contingent Competes at the 2026 Asian Para Games · Political Debates Surface Around Election Commission Leadership · Comprehensive Compendium of 2026 Government Schemes Released for Aspirants

1. 1. By how many basis points did the RBI Monetary Policy Committee hike the repo rate in October 2026?

   • A.10 basis points
   • B.25 basis points
   • C.50 basis points
   • D.75 basis points
   Show answer

   Answer: B. 25 basis points

   The RBI raised the repo rate by 25 basis points to 5.50% during its October 2026 MPC meeting.

2. 2. What is the new repo rate set by the RBI following its October 2026 meeting?

   • A.5.00%
   • B.5.25%
   • C.5.50%
   • D.6.00%
   Show answer

   Answer: C. 5.50%

   Following a 25 basis point hike, the repo rate stands at 5.50%.

3. 3. What is India's projected GDP growth rate for FY27 as revised by the RBI in October 2026?

   • A.6.5%
   • B.6.7%
   • C.7.1%
   • D.7.5%
   Show answer

   Answer: C. 7.1%

   The RBI raised the FY27 GDP growth forecast from 6.7% to 7.1%.

4. 4. What was India's current account deficit (CAD) as a percentage of GDP in Q1:2026-27?

   • A.0.2%
   • B.0.4%
   • C.0.5%
   • D.1.0%
   Show answer

   Answer: C. 0.5%

   India's current account deficit stood at 0.5% of GDP (US$ 4.2 billion) in Q1:2026-27.

5. 5. Where was the 20th Asian Games 2026 hosted?

   • A.New Delhi, India
   • B.Aichi-Nagoya, Japan
   • C.Doha, Qatar
   • D.Hangzhou, China
   Show answer

   Answer: B. Aichi-Nagoya, Japan

   The 20th Asian Games were hosted in Aichi-Nagoya, Japan, from September 19 to October 4, 2026.

6. 6. What was India's total medal count at the 20th Asian Games 2026?

   • A.75 medals
   • B.85 medals
   • C.95 medals
   • D.107 medals
   Show answer

   Answer: B. 85 medals

   India finished its campaign at the Asian Games with 85 medals (21 gold, 27 silver, and 37 bronze).

7. 7. What rank did India secure in the overall medal tally at the 2026 Asian Games?

   • A.3rd place
   • B.4th place
   • C.5th place
   • D.6th place
   Show answer

   Answer: B. 4th place

   India finished in 4th place at the 2026 Asian Games, securing its 21st gold to beat Uzbekistan.

8. 8. How many gold medals did India win at the 20th Asian Games in 2026?

   • A.15
   • B.21
   • C.27
   • D.37
   Show answer

   Answer: B. 21

   India won 21 gold medals out of its total 85 medals at the 2026 Asian Games.

9. 9. What was the CPI inflation projection revised to by the RBI in its October 2026 policy statement?

   • A.4.0%
   • B.4.5%
   • C.5.2%
   • D.6.0%
   Show answer

   Answer: C. 5.2%

   The CPI inflation projection was revised up to 5.2% due to rising food and fuel pressures.

10. 10. Which official was recently referenced in political remarks made by Congress President Mallikarjun Kharge in October 2026?

    • A.Cabinet Secretary
    • B.Chief Election Commissioner Gyanesh Kumar
    • C.Comptroller and Auditor General
    • D.Attorney General of India
    Show answer

    Answer: B. Chief Election Commissioner Gyanesh Kumar

    Mallikarjun Kharge accused the government of protecting Chief Election Commissioner Gyanesh Kumar.