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  1. Home
  2. Daily Current Affairs Quiz
  3. Daily Current Affairs Quiz 21 May, 2026

Daily Current Affairs Quiz 21 May, 2026

[1]. Recently, the Countercyclical Capital Buffer (CCyB) was in the news. CCyB is primarily aimed at:

[A]. Promoting agricultural credit
[B]. Building additional bank capital during periods of excessive credit growth
[C]. Reducing income tax burden on banks
[D]. Financing government infrastructure projects

Show Answer

Correct Answer: B [Building additional bank capital during periods of excessive credit growth]

[2]. Recently, the Greenshoe Option was in the news in the context of FCI borrowing plans. A green shoe option is primarily associated with which of the following?

[A]. Stabilizing share prices after an IPO
[B]. Reducing repo rates during inflation
[C]. Providing crop insurance to farmers
[D]. Regulating foreign exchange reserves

Show Answer

Correct Answer: A [Stabilizing share prices after an IPO]

[3]. Recently, Shaheed Veer Gundadhur was in the news. He is best known for leading which of the following rebellions against British rule?

[A]. Santhal Rebellion
[B]. Ramosi Rebellion
[C]. Kol Rebellion
[D]. Bhumkal Rebellion

Show Answer

Correct Answer: D [Bhumkal Rebellion]

[4]. Recently, a new snake species named Trachischium lalremsangai was discovered in Mizoram and neighbouring Myanmar. The species was discovered in which of the following national parks?

[A]. Murlen National Park
[B]. Namdapha National Park
[C]. Balpakram National Park
[D]. Nokrek National Park

Show Answer

Correct Answer: A [Murlen National Park]

[5]. Recently, the Union Ministry of Education signed an MoU with the West Bengal government to implement the PM SHRI Schools initiative. With reference to PM SHRI Scheme, consider the following statements:

  1. PM SHRI is a centrally sponsored scheme launched under the Ministry of Education to develop model schools aligned with the National Education Policy (NEP) 2020.
  2. Under the scheme, all states receive Central assistance in the ratio of 90:10.

Which of the statements given above is/are correct?

[A]. 1 only
[B]. 2 only
[C]. Both 1 and 2
[D]. Neither 1 nor 2

Show Answer

Correct Answer: A [1 only]

Related Quiz

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Daily Current Affairs Quiz 19 May, 2026

Daily Current Affairs Quiz 18 May, 2026

Daily Current Affairs Quiz 16 May, 2026

Daily Current Affairs Quiz 15 May, 2026

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