Find the current affairs quiz 23 February 2026 by Exam Charcha.
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Each question comes with multiple choices, and the correct answer is provided to help you learn. Whether you’re preparing for competitive exams or just want to stay informed, this quiz is a great way to assess your awareness of current affairs.
Current Affairs Quiz – 23 February 2026 (Test Now)
1. What is the financial outlay for the Export Promotion Mission?
a) ₹20,000 crore
b) ₹25,060 crore
c) ₹30,000 crore
d) ₹35,000 crore
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Correct Answer: b) ₹25,060 crore
2. What is the timeline for the Export Promotion Mission?
a) FY 2024-25 to FY 2029-30
b) FY 2025-26 to FY 2030-31
c) FY 2026-27 to FY 2031-32
d) FY 2027-28 to FY 2032-33
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Correct Answer:b) FY 2025-26 to FY 2030-31
3. Which agency implements the Export Promotion Mission?
a) DGCI&S
b) DGFT
c) EXIM Bank
d) APEDA
Show Answer
Correct Answer: b) DGFT
4.What is the support limit for Direct E-commerce Credit Facility?
a) Up to ₹25 lakh
b) Up to ₹50 lakh
c) Up to ₹75 lakh
d) Up to ₹1 crore
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Correct Answer: b) Up to ₹50 lakh
5. What is the government guarantee coverage for Direct E-commerce Credit Facility?
a) 75%
b) 80%
c) 85%
d) 90%
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Correct Answer: d) 90%
6. What is the support limit for Overseas Inventory Credit Facility?
a) Up to ₹2 crore
b) Up to ₹3 crore
c) Up to ₹5 crore
d) Up to ₹7 crore
Show Answer
Correct Answer: c) Up to ₹5 crore
7. What is the government guarantee coverage for Overseas Inventory Credit Facility?
a) 65%
b) 70%
c) 75%
d) 80%
Show Answer
Correct Answer: c) 75%
8. What does TRACE stand for in EPM?
a) Trade Regulations and Compliance Enablement
b) Trade Regulations, Accreditation & Compliance Enablement
c) Testing, Regulations and Compliance Enhancement
d) Trade Resources and Certification Enablement
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Correct Answer:b) Trade Regulations, Accreditation & Compliance Enablement
9. What does FLOW stand for in EPM?
a) Foreign Logistics and Overseas Warehousing
b) Facilitating Logistics Operations Worldwide
c) Facilitating Logistics, Overseas Warehousing & Fulfilment
d) Freight Logistics and Overseas Warehouse Operations
Show Answer
Correct Answer: c) Facilitating Logistics, Overseas Warehousing & Fulfilment
10.What does LIFT stand for in EPM?
a) Logistics Infrastructure for Freight & Transport
b) Logistics Interventions for Freight & Transport
c) Logistics Integration for Fast Trade
d) Logistics Investment for Freight Transfer
Show Answer
Correct Answer: b) Logistics Interventions for Freight & Transport
11. What percentage of India’s exports do MSMEs contribute?
a) ~35%
b) ~40%
c) ~45%
d) ~50%
Show Answer
Correct Answer:c) ~45%
12. When was the SANKALP Scheme launched?
a) 2016
b) 2017
c) 2018
d) 2019
Show Answer
Correct Answer: c) 2018
13. What does SANKALP stand for?
a) Skill Acquisition and Knowledge for Livelihood
b) Skill Acquisition and Knowledge Awareness for Livelihood Promotion
c) Skill Advancement and Knowledge Awareness Program
d) Skill Acquisition Network for Knowledge and Livelihood
Show Answer
Correct Answer: b) Skill Acquisition and Knowledge Awareness for Livelihood Promotion
14. Which organization assists the SANKALP Scheme?
a) Asian Development Bank
b) World Bank
c) IMF
d) UNDP
Show Answer
Correct Answer: b) World Bank
15. When was the Indian Ocean Naval Symposium (IONS) established?
a) 2006
b) 2007
c) 2008
d) 2009
Show Answer
Correct Answer: c) 2008
16. Which navy initiated IONS?
a) Australian Navy
b) Indian Navy
c) Indonesian Navy
d) South African Navy
Show Answer
Correct Answer: b) Indian Navy
17.How many member nations does IONS have?
a) 20
b) 22
c) 25
d) 28
Show Answer
Correct Answer:c) 25
18. Which river is Rapti the most important left-bank tributary of?
a) Ganga River
b) Yamuna River
c) Ghaghara River
d) Gandak River
Show Answer
Correct Answer:c) Ghaghara River
19. What is the total length of the Rapti River?
a) 650 km
b) 720 km
c) 782 km
d) 820 km
Show Answer
Correct Answer: c) 782 km
20. Where does the Rapti River originate?
a) Kumaon Himalayas
b) Dregaunra range in Nepal
c) Himachal Pradesh
d) Tibet
Show Answer
Correct Answer: b) Dregaunra range in Nepal
21. How many SDG targets are currently on track in Asia-Pacific?
a) CSIR
b) BIRAC
c) DST
d) ICMR
Show Answer
Correct Answer :b) BIRAC
22. What speed can Gentoo penguins reach while swimming?
a) ~25 km/h
b) ~30 km/h
c) ~36 km/h
d) ~42 km/h
Show Answer
Correct Answer: c) ~36 km/h
23. Which is Australia’s highest active volcano located on Heard Island?
a) Mount Erebus
b) Big Ben (Mawson Peak)
c) Mount Melbourne
d) Mount Terror
Show Answer
Correct Answer: b) Big Ben (Mawson Peak)
24.When was the International Emergency Economic Powers Act enacted?
a) 1975
b) 1976
c) 1977
d) 1978
Show Answer
Correct Answer:c) 1977
25. What temporary tariff rate was imposed using the Trade Act of 1974?
a) 5%
b) 7.5%
c) 10%
d) 12.5%
Show Answer
Correct Answer:c) 10%
26. When was the CHEOPS mission launched?
a) 2017
b) 2018
c) 2019
d) 2020
Show Answer
Correct Answer: c) 2019
27. Which space agency operates CHEOPS?
a) NASA
b) ESA
c) JAXA
d) Roscosmos
Show Answer
Correct Answer: b) ESA
28. Around which star did CHEOPS discover a four-planet system?
a) Proxima Centauri
b) LHS 1903
c) TRAPPIST-1
d) Kepler-452
Show Answer
Correct Answer:b) LHS 1903
29.What is the maximum orbital period CHEOPS typically observes?
a) Less than 30 days
b) Less than 40 days
c) Less than 50 days
d) Less than 60 days
Show Answer
Correct Answer:c) Less than 50 days
30. Which method does CHEOPS use to observe exoplanets?
a) Direct imaging method
b) Radial velocity method
c) Transit method
d) Gravitational lensing method
Show Answer
Correct Answer: c) Transit method
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23 February 2026 Current Affairs