UPSC Daily Current Affairs Quiz – 7 August 2026

• Deep-space satellite launch rockets
• Electric and hybrid-electric seaplanes
• Heavy-lift military aircraft
• High-altitude surveillance drones

Correct Answer: Electric and hybrid-electric seaplanes

Pawan Hans signed a non-binding MoU with Norway-based Elfly AS to explore electric and hybrid-electric seaplanes for sustainable regional air connectivity.

• The All India Handloom Board was established on this day
• The Swadeshi Movement was launched on this day in 1905
• The Handloom Reservation Act was passed on this day
• Mahatma Gandhi started the first Khadi exhibition on this day

Correct Answer: The Swadeshi Movement was launched on this day in 1905

National Handloom Day is observed on 7th August to commemorate the launch of the Swadeshi Movement in 1905, which promoted Indian-made goods and opposed foreign products.

• 6.2%
• 6.5%
• 6.7%
• 7.1%

Correct Answer: 6.7%

The RBI revised India's GDP growth forecast for FY 2026–27 to 6.7%, up from its earlier projection of 6.6%.

• World Bank
• International Monetary Fund (IMF)
• Asian Development Bank (ADB)
• World Trade Organization (WTO)

Correct Answer: International Monetary Fund (IMF)

Rahul Jain, a 2005-batch IAS officer, was appointed as Senior Adviser to the Executive Director (India) at the IMF in Washington, D.C.

• Azamgarh
• Varanasi
• Bhadohi
• Mirzapur

Correct Answer: Azamgarh

Azamgarh is famous for Mubarakpur silk sarees and Nizamabad Black Pottery, both important GI-tagged products of Uttar Pradesh.

• It should be applied to SC/ST reservations like OBC reservations
• The income-based creamy layer concept should not be extended to SC/ST categories
• It should apply only to promotions
• It should be based only on educational qualifications

Correct Answer: The income-based creamy layer concept should not be extended to SC/ST categories

The Union Government argued that SC/ST reservations are linked to historical social discrimination and untouchability, and therefore the income-based creamy layer principle used for OBCs cannot simply be extended to SC/STs.

• Finance Bill
• Appropriation Bill
• Public Accounts Bill
• FRBM Bill

Correct Answer: Appropriation Bill

Under Article 114, the Appropriation Bill gives the government legal authority to withdraw money from the Consolidated Fund of India for approved expenditure.

• Cyclone Alokan
• Cyclone Ditwah
• Cyclone Mocha
• Cyclone Remal

Correct Answer: Cyclone Ditwah

India provided assistance to Sri Lanka following the devastation caused by Cyclone Ditwah, including INR-denominated Lines of Credit worth $350 million as part of a larger reconstruction package.

• Rajiv Gauba
• T. V. Somanathan
• Ajay Kumar Bhalla
• Vinay Mohan Kwatra

Correct Answer: T. V. Somanathan

The Appointments Committee of the Cabinet (ACC) approved a one-year extension for T. V. Somanathan as Cabinet Secretary.

• The mandatory insurance period was extended by one year
• Third-party insurance was removed for electric vehicles
• Insurance was replaced with state health insurance
• Insurance was made mandatory only for commercial vehicles

Correct Answer: The mandatory insurance period was extended by one year

The Supreme Court extended the mandatory third-party insurance requirement for newly purchased vehicles by one year to improve compliance and protect accident victims.