Maha Kumbh 2025 was held at Prayagraj (Triveni Sangam — confluence of Ganga, Yamuna, and mythical Saraswati), the largest religious gathering in the world.
Current AffairsmediumMCQ16 Jan 2026SpaDeX MissionUPSC, SSC, Banking
If compute availability becomes extremely constrained
If regulatory approval is denied
If operational costs exceed budget
Answer: If compute availability becomes extremely constrained
Musk stated that if compute gets 'super tight,' SpaceX might need the resources back. This flexibility clause ensures SpaceX can prioritize its own computational needs during periods of high demand while still providing Anthropic a reasonable exit strategy.
Current AffairseasyMCQ29 May 2026SpaceX-Anthropic AI Compute Lease AgreementUPSC, SSC, Banking
Elon Musk confirmed that SpaceX agreed to a six-month lease of its Colossus AI infrastructure to Anthropic. This arrangement includes provisions for a reasonable off-ramp, indicating SpaceX may reclaim the compute resources if needed.
Current AffairseasyMCQ29 May 2026FDA Inspection Timeline at DaburSSC, Banking, State PCS
The FDA inspection of Dabur India's plant in Dadra and Nagar Haveli took place in January 2026. The inspection findings, issued subsequently in May 2026, highlighted concerns regarding data integrity, maintenance issues, and potential microbiological contamination risks.
Current AffairseasyMCQ29 May 2026FDA Inspection of Dabur India PlantSSC, Banking, State PCS
The U.S. FDA inspected Dabur India's manufacturing facility located in Dadra and Nagar Haveli in January 2026. The inspection revealed data integrity issues and maintenance lapses, with concerns about microbiological contamination risks in certain units.
Current AffairsmediumFill in the Blank29 May 2026Tesla India EMI SchemeSSC, Banking, UPSC
The financing scheme offers monthly EMI starting at ₹39,990 with a down payment requirement of ₹6 lakh. This affordability structure is designed to lower barriers for premium EV adoption, making electric mobility more accessible to middle and upper-middle-class consumers.
Current AffairseasyMCQ29 May 2026Tesla Model Y India Launch 2026UPSC, SSC, Banking
Tesla introduced the Model Y Premium Rear-Wheel Drive variant in India at ₹50.89 lakh in May 2026. This marks Tesla's strategic entry into the Indian premium electric vehicle segment with a competitively priced offering aimed at expanding EV adoption.
Current AffairseasyTrue/False29 May 2026India's Export Dependence and GrowthUPSC, Banking, SSC
The RBI explicitly stated that India's growth is supported by relatively lower dependence on exports as a growth driver. Instead, the economy relies more on domestic demand, making it less vulnerable to global trade disruptions.
Current AffairsmediumMCQ29 May 2026RBI Annual Report FY27 Growth OutlookUPSC, SSC, Banking, State PCS
Robust domestic demand and stable policy environment
Increased foreign direct investment inflows
Rising external commercial borrowings
Answer: Robust domestic demand and stable policy environment
The RBI highlighted that India's growth prospects are underpinned by strong macroeconomic fundamentals, particularly robust domestic demand, relatively lower dependence on exports, and a stable policy environment. This indicates the economy's resilience stems from internal consumption strength rather than external trade reliance.
Current AffairshardFill in the Blank29 May 2026Trends in Bank Fraud CasesBanking, UPSC, SSC
Despite a decline in the number of fraud cases, the amount involved in these frauds has paradoxically increased for both public and private sector banks. This trend suggests fraudsters are executing larger-value scams, making detection and prevention more critical.
Current AffairsmediumMCQ29 May 2026Bank Fraud Cases in India FY26UPSC, SSC, Banking, RRB
RBI data for FY26 reveals that financial institutions reported over 10,000 cases of fraud. This figure is significant for banking sector supervision and reflects the scale of fraudulent activities affecting India's financial system.
Current AffairsmediumMCQ29 May 2026Rupee Intraday Movement May 2026Banking, SSC, UPSC
The rupee touched an intraday high of 94.97 during trading hours, indicating temporary strengthening. The currency opened at 95.77 before recovering. Intraday highs and lows are crucial for forex traders and reflect real-time demand-supply dynamics.
Current AffairseasyFill in the Blank29 May 2026Rupee-Dollar Exchange Rate May 2026UPSC, SSC, Banking, Railway
The rupee appreciated by 53 paise to settle at 95.05 per dollar. During intraday trading, it reached a high of 94.97 and a low of 95.78. Such movements reflect market sentiment driven by forex inflows, RBI intervention, and global cues.
Current AffairseasyFill in the Blank29 May 2026Vedanta Financial Performance IndicatorsSSC, Banking, UPSC
Vedanta, a diversified natural resources company, received its highest credit rating in over ten years from ICRA. This upgrade signifies improved creditworthiness and is relevant for understanding corporate finance dynamics in competitive exams.
Current AffairsmediumMCQ29 May 2026Vedanta Credit Rating Upgrade by ICRASSC, Banking, UPSC
ICRA upgraded Vedanta's credit rating in May 2026, marking the company's highest rating in over a decade. Credit rating upgrades reflect improved financial health and debt servicing capacity, crucial indicators monitored in economic and business-related exam questions.
Current AffairshardFill in the Blank29 May 2026Balance of Payments Deficit Growth RateUPSC, SSC, Banking, State PCS
The deficit increased six-fold compared to the previous fiscal year, highlighting a sharp deterioration in India's external account position. This magnitude of increase raised government concerns about sustained dollar outflows from the economy.
Current AffairsmediumMCQ29 May 2026India's Balance of Payments Deficit 2025-26UPSC, SSC, Banking, State PCS
RBI data revealed that India's Balance of Payments stood at a deficit of $30.8 billion in 2025-26, indicating total outflows (trade and investments) exceeded inflows by this amount. This represents a significant deterioration from the previous year.
Current AffairseasyMCQ29 May 2026Oil Marketing Companies Strategic Reserves MandateUPSC, SSC, Banking
Officials have directed OMCs to maintain strategic LPG reserves sufficient to meet at least thirty days of demand. This directive ensures energy security and prevents supply disruptions during unforeseen circumstances or import delays.
407 questions
— All months— SSC
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