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Daily-mcqs 10 Oct 2026

Current Affairs MCQs for UPSC & State PSC Exams 10 Oct 2026

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Current Affairs MCQs for UPSC & State PSC Exams

Q1:

Consider the following statements regarding the Nobel Prize in Literature 2026:

  1. The Nobel Prize in Literature 2026 has been awarded to Canadian poet and classicist Anne Carson.
  2. The award is presented annually by the Royal Swedish Academy of Sciences.
  3. Her notable work Autobiography of Red blends ancient Greek mythology with contemporary experiences.

Which of the statements given above are correct?

A: 1 and 2 only

B: 1 and 3 only

C: 2 and 3 only

D: 1, 2, and 3

Answer: B

Explanation:

Statement 1 is correct: Canadian poet, essayist, and classicist Anne Carson won the Nobel Prize in Literature 2026 awarded by the Swedish Academy. She was honored "for her bold and inventive oeuvre that, in playful dialogue with the classical tradition, has created new forms for contemporary literature".


Statement 2 is incorrect: The Nobel Prize in Literature is awarded by the Swedish Academy, not the Royal Swedish Academy of Sciences (which awards the prizes in Physics and Chemistry).


Statement 3 is correct: Anne Carson is widely celebrated for genre-defying and hybrid works. Her acclaimed verse novel Autobiography of Red (1998) creatively reinterprets ancient Greek myth into a modern narrative setting.


                            

Q2:

 

Consider the following statements regarding the World Bank’s report titled 'India and Artificial Intelligence: Seizing the Development Opportunity':

  1. India has been ranked among the top 10 emerging-market performers in AI readiness.
  2. Private AI investments in India surged from $1.2 billion in 2024 to $4.1 billion in 2025.
  3. The report notes that India currently ranks 2nd globally in AI talent but lags significantly behind in AI infrastructure (ranked 68th).

Which of the statements given above are correct?

A: 1 and 2 only

B: 1 and 3 only

C: 2 and 3 only

D: 1, 2, and 3

Answer: D

Explanation:

Statement 1 is correct: The World Bank report places India among the top 10 emerging-market performers in AI readiness, credited mainly to its massive technical workforce, integrated IT sector, and foundational Digital Public Infrastructure (DPI).


Statement 2 is correct: Private capital flowing into artificial intelligence in India experienced a sharp upward trajectory, jumping from $1.2 billion in 2024 to $4.1 billion in 2025.


Statement 3 is correct: While India boasts a high rank in human capital and AI talent specialists (ranking 2nd), it faces severe bottlenecks in physical and compute infrastructure, where it trails at 68th position globally.


                            

Q3:

With reference to the recommendations of the 57th GST Council meeting held in October 2026, consider the following statements:

  1. The time period to acknowledge a GST refund claim or issue a deficiency memo has been reduced from 15 days to 10 days.
  2. The Council recommended the complete deletion of Section 69 of the CGST Act, which deals with the power of tax officers to arrest.
  3. The monetary threshold for criminal prosecution under the GST law has been increased from ₹1 crore to ₹5 crore.

Which of the statements given above are correct?

A: 1 and 2 only

B: 1 and 3 only

C: 2 and 3 only

D: 1, 2, and 3

Answer: D

Explanation:

Statement 1 is correct: As part of the procedural overhaul to speed up liquidity for businesses, the 57th GST Council meeting recommended reducing the refund acknowledgement or deficiency memo period from 15 days to 10 days.


Statement 2 is correct: Moving toward a trust-based tax regime, the Council recommended the complete deletion of Section 69 of the Central Goods and Services Tax (CGST) Act, 2017, effectively stripping tax officers of arrest powers.


Statement 3 is correct: To rationalise criminal liability and prevent the harassment of genuine businesses, the monetary threshold for launching prosecution under the GST law was raised from ₹1 crore to ₹5 crore.


                            

Q4:

Consider the following statements regarding the Goods and Services Tax (GST) and the GST Council in India:

  1. The GST Council is a constitutional body established under Article 279A of the Indian Constitution.
  2. The Goods and Services Tax was introduced in India via the 101st Constitutional Amendment Act, 2016.
  3. Under the recent 57th GST Council recommendations, the maximum general penalty under Section 125 of the CGST Act is proposed to be increased.

Which of the statements given above are correct?

A: 1 and 2 only

B: 1 and 3 only

C: 2 and 3 only

D: 1, 2, and 3

Answer: A

Explanation:

Statement 1 is correct: Article 279A of the Constitution of India provides for the constitution of the GST Council by the President to recommend rates, exemptions, model laws, and administrative policies.


Statement 2 is correct: The indirect tax framework was introduced nationwide on 1 July 2017 following the enactment of the 101st Constitutional Amendment Act, 2016.


Statement 3 is incorrect: Rather than increasing it, the 57th GST Council recommended reducing the maximum general penalty under Section 125 of the CGST Act from ₹25,000 to ₹10,000 as part of penalty relief measures.


                            
Aliganj Gomti Nagar Prayagraj