Find the current affairs quiz 7 January 2026 by Exam Charcha.
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Current Affairs Quiz – 7 January 2026 (Test Now)
1. From which date did key provisions of the National Sports Governance Act come into force?
a) 1 December 2025
b) 1 January 2026
c) 1 February 2026
d) 1 March 2026
Show Answer
Correct Answer: b) 1 January 2026
2. Which is the apex regulatory body for sports governance under the Act?
a) National Olympic Committee
b) National Sports Federation
c) National Sports Board
d) National Sports Tribunal
Show Answer
Correct Answer: c) National Sports Board
3. The National Anti-Doping Act was enacted in which year?
a) 2020
b) 2022
c) 2024
d) 2025
Show Answer
Correct Answer: b) 2022
4. Under which Act are recognized sports bodies deemed “public authorities”?
a) Constitution of India
b) RTI Act, 2005
c) Sports Authority Act
d) Competition Act, 2002
Show Answer
Correct Answer: b) RTI Act, 2005
5. What is the minimum effective tax rate under the Global Minimum Tax?
a) 10%
b) 15%
c) 20%
d) 25%
Show Answer
Correct Answer: b) 15%
6. The OECD/G20 Inclusive Framework on BEPS was launched in which year?
a) 2014
b) 2016
c) 2018
d) 2020
Show Answer
Correct Answer: b) 2016
7. How many countries and jurisdictions are members of the Inclusive Framework on BEPS?
a) 127
b) 137
c) 147
d) 157
Show Answer
Correct Answer: c) 147
8. Which Pillar introduces the 15% global minimum corporate tax?
a) Pillar One
b) Pillar Two
c) Pillar Three
d) Pillar Four
Show Answer
Correct Answer: b) Pillar Two
9. Under which section of the RBI Act is RBI mandated to handle Union Government finances?
a) Section 10
b) Section 20
c) Section 30
d) Section 40
Show Answer
Correct Answer: b) Section 20
10. Which state does NOT have an agreement with RBI for debt management?
a) West Bengal
b) Sikkim
c) Assam
d) Kerala
Show Answer
Correct Answer: b) Sikkim
11. What are dated securities issued by State Governments called?
a) State Treasury Bills
b) State Development Loans (SDLs)
c) State Bonds
d) State Securities
Show Answer
Correct Answer: b) State Development Loans (SDLs)
12. Where are the principal accounts of State Governments maintained by RBI?
a) Mumbai
b) New Delhi
c) Nagpur
d) Kolkata
Show Answer
Correct Answer: c) Nagpur
13. What is the area of the Taj Trapezium Zone?
a) ~8,400 sq. km
b) ~10,400 sq. km
c) ~12,400 sq. km
d) ~14,400 sq. km
Show Answer
Correct Answer: b) ~10,400 sq. km
14. The National Green Tribunal Act was enacted in which year?
a) 2008
b) 2010
c) 2012
d) 2014
Show Answer
Correct Answer: b) 2010
15. Which Act is NOT under NGT’s jurisdiction?
a) Environment (Protection) Act, 1986
b) Air (Prevention and Control of Pollution) Act, 1981
c) Wildlife (Protection) Act, 1972
d) Water (Prevention and Control of Pollution) Act, 1974
Show Answer
Correct Answer:c) Wildlife (Protection) Act, 1972
16. In which case was the Taj Trapezium Zone established?
a) Vardhaman Kaushik Case (2014-15)
b) M.C. Mehta vs Union of India (1996)
c) M.C. Mehta (Ganga Pollution) Case (1988)
d) Olga Tellis Case
Show Answer
Correct Answer: b) M.C. Mehta vs Union of India (1996)
17. Within what distance from the Taj Mahal is tree felling banned without SC permission?
a) 3 km
b) 5 km
c) 7 km
d) 10 km
Show Answer
Correct Answer: b) 5 km
18. Greenland lies between which two regions?
a) Asia and Europe
b) North America and Europe
c) South America and Africa
d) Australia and Asia
Show Answer
Correct Answer: b) North America and Europe
19. Which emerging Arctic shipping route could reduce travel time between Atlantic and Pacific?
a) Northern Sea Route
b) Transpolar Sea Route
c) Northwest Passage
d) Arctic Bridge
Show Answer
Correct Answer: b) Transpolar Sea Route
20. China labels itself as what type of state regarding the Arctic?
a) Arctic state
b) Near-Arctic state
c) Sub-Arctic state
d) Trans-Arctic state
Show Answer
Correct Answer: b) Near-Arctic state
21. The Kushanas emerged from which Central Asian nomadic confederation?
a) Huns
b) Scythians
c) Yueh-chi
d) Parthians
Show Answer
Correct Answer: c) Yueh-chi
22. Which was a major political and cultural centre of the Kushana Empire?
a) Pataliputra
b) Mathura
c) Ujjain
d) Taxila
Show Answer
Correct Answer: b) Mathura
23. Who was the most eminent ruler of the Kushana Empire?
a) Kujula Kadphises
b) Kanishka I
c) Huvishka
d) Vasudeva I
Show Answer
Correct Answer: b) Kanishka I
24. Which Buddhist Council was convened by Kanishka I?
a) Second Buddhist Council
b) Third Buddhist Council
c) Fourth Buddhist Council
d) Fifth Buddhist Council
Show Answer
Correct Answer: c) Fourth Buddhist Council
25. The Payments Regulatory Board was constituted in which year?
a) 2023
b) 2025
c) 2024
d) 2026
Show Answer
Correct Answer: b) 2025
26. PRB was established under which Act?
a) RBI Act, 1934
b) Payment and Settlement Systems Act, 2007
c) Banking Regulation Act, 1949
d) FEMA Act, 1999
Show Answer
Correct Answer: b) Payment and Settlement Systems Act, 2007
27. How many Central Government nominees are on the PRB?
a) Two
b) Three
c) Four
d) Five
Show Answer
Correct Answer: b) Three
28. What is the total State Public Debt as per the CAG report?
a) ₹57.87 lakh crore
b) ₹67.87 lakh crore
c) ₹77.87 lakh crore
d) ₹87.87 lakh crore
Show Answer
Correct Answer: b) ₹67.87 lakh crore
29. How many States breached the 3% fiscal deficit limit in FY 2023-24?
a) 15 States
b) 18 States
c) 21 States
d) 24 States
Show Answer
Correct Answer: b) 18 States
30. What percentage of revenue expenditure is committed expenditure according to the report?
a) ~50%
b) ~60%
c) ~70%
d) ~80%
Show Answer
Correct Answer: b) ~60%
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