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Daily-mcqs 24 Jan 2026

Current Affairs MCQs for UPSC & State PSC Exams 24 Jan 2026

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Current Affairs MCQs for UPSC & State PSC Exams

Q1:

With reference to the C-295 aircraft, consider the following statements:

1.   It is a medium-range, twin-engine turboprop tactical transport aircraft.

2.   It was originally designed by Airbus Defence and Space.

3.   It is capable of operating from short and unprepared runways.

Which of the statements given above is/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 – Correct: The C-295 is explicitly described as a medium-range, twin-engine turboprop tactical transport aircraft.


Statement 2 – Incorrect: The aircraft was originally designed by CASA (Spain), which is now part of Airbus Defence and Space.


Statement 3 – Correct: Its ability to perform across varied environments and runway conditions includes short and semi-prepared runways.


                            

Q2:

 

With reference to the Indo-Pacific Oceans Initiative (IPOI), consider the following statements:

1.   It was launched by India at the East Asia Summit in 2019.

2.   It is a treaty-based framework aimed at collective maritime defence.

3.   It builds upon India’s SAGAR vision for the Indo-Pacific region.

Which of the statements given above is/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 – Correct: IPOI was launched by India in November 2019 at the East Asia Summit in Bangkok.


Statement 2 – Incorrect: IPOI is a non-treaty, voluntary framework, and explicitly avoids military alliances.


Statement 3 – Correct: The initiative builds on India’s SAGAR (Security and Growth for All in the Region) vision.


                            

Q3:

With reference to Net Foreign Direct Investment (FDI), consider the following statements:

1.   Net FDI is calculated as gross FDI inflows minus FDI outflows.

2.   A negative Net FDI implies that foreign portfolio investments exceed foreign direct investments.

3.   Repatriation of profits by foreign companies is counted as FDI outflow.

Which of the statements given above is/are correct?

A: 1 and 2 only

B: 2 only

C: 1 and 3 only

D: 1, 2, and 3

Answer: C

Explanation:

Statement 1 – Correct: Net FDI = FDI inflows – FDI outflows (including repatriation and outward investments).


Statement 2 – Incorrect: Negative Net FDI does not relate to portfolio flows; it indicates FDI outflows exceeding FDI inflows.


Statement 3 – Correct: Profit repatriation and divestments are counted under FDI outflows.


                            

Q4:

With reference to Section 17A of the Prevention of Corruption Act, 1988, consider the following statements:

1.   It mandates prior approval before initiating inquiry or investigation against a public servant for acts done in discharge of official duties.

2.   It was introduced as part of the original Prevention of Corruption Act, 1988.

3.   Its stated objective is to protect honest officers from frivolous or vexatious complaints.

Which of the statements given above is/are correct?

A: 1 and 2 only

B: 2 only

C: 1 and 3 only

D: 1, 2, and 3

Answer: C

Explanation:

Statement 1 – Correct: Section 17A requires prior approval of the appropriate government before any inquiry or investigation relating to official decisions.


Statement 2 – Incorrect: Section 17A was introduced by the 2018 Amendment, not in the original 1988 Act.


Statement 3 – Correct: The provision aims to shield honest decision-making and avoid a “play-it-safe” bureaucracy.


                            

Q5:

With reference to the Prevention of Corruption Act (PCA), 1988, consider the following statements:

1.   The Act is India’s principal legislation to prevent corruption in public offices.

2.   It applies only to employees of the Central Government.

3.   It defines and penalises offences such as bribery and criminal misconduct by public servants.

Which of the statements given above is/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 – Correct: PCA, 1988 is the primary anti-corruption law in India.


Statement 2 – Incorrect: The Act applies to Central, State, local authorities, banks, PSUs, judges, etc.


Statement 3 – Correct: It criminalises bribery, misappropriation, and possession of disproportionate assets.