Daily Current Affairs Quiz 7th April, 2026

Daily Current Affairs: 7th April, 2026

Q1. The theme for the International Day of Sport for Development and Peace in 2026 reflects the role of sports in fostering unity. Which of the following correctly represents the theme?(a) Sport for All and All for Sport
(b) Play for Peace and Prosperity
(c) Sport: Building Bridges, Breaking Barriers
(d) Inclusive Sports for Global Growth
(e) Power of Sports for Humanity

Answer: c

Solution:

• The International Day of Sport for Development and Peace (IDSDP) is observed annually on 6 April.
• The day highlights the power of sport in promoting social change, community development, and peace.
• The theme for 2026 is: “Sport: Building Bridges, Breaking Barriers.”
• This theme emphasizes sport’s role in fostering connection, inclusion, and unity in a fragmented world.
• The observance was proclaimed by the United Nations General Assembly in August 2013.
• The first observance of this day began after the UN resolution designating 6 April as the official date.

Q2. In FY 2025–26, India’s major ports demonstrated strong performance by surpassing their cargo handling targets, reflecting improved efficiency and infrastructure. What was the total cargo handled by major ports during this period?

(a) 904 MT

(b) 915.17 MT

(c) 890.50 MT

(d) 920.75 MT

(e) 899.10 MT

Answer: b

Solution:

• In a major boost to India’s maritime sector, Major Ports under the Ministry of Ports, Shipping and Waterways achieved a significant milestone in FY 2025–26.
• The ports collectively handled 915.17 million tonnes (MT) of cargo.
• This exceeded the annual target of 904 MT set for the financial year.
• The sector recorded a year-on-year growth of 7.06%.
• The performance reflects strong recovery, improved operational efficiency, and sustained growth.
• This achievement highlights the impact of government reforms and strategic investments in port infrastructure.
• It also aligns with India’s long-term vision under Maritime Amrit Kaal Vision 2047.
• The initiative aims to modernize ports, enhance logistics efficiency, and strengthen India’s global maritime position.

Q3. The FAO Food Price Index (FFPI), which reflects global food commodity price trends, stood at what level in March 2026?
(a) 125.0 points
(b) 126.7 points
(c) 127.3 points
(d) 128.5 points
(e) 130.2 points

Answer: d

Solution:

• Global food prices increased in March 2026, indicating renewed inflationary pressure.
• The rise was largely driven by higher energy costs, linked to the ongoing tensions in the Middle East.
• According to the Food and Agriculture Organization (FAO), energy price fluctuations significantly impacted food production and transportation costs.
• The FAO Food Price Index (FFPI), which tracks global food commodity prices, averaged 128.5 points in March.
• This represents a 2.4% increase compared to its revised February level.
• The index measures changes in prices of a basket of globally traded food commodities.
• The rise highlights the interlinkage between geopolitical tensions, energy markets, and food security.

Q4. The observance of National Maritime Day is associated with a historic event that marked India’s entry into global maritime trade. Which ship undertook the maiden voyage on 5 April 1919?
(a) INS Vikrant
(b) SS Savitri
(c) SS Loyalty
(d) MV Kavaratti
(e) INS Kolkata

Answer: c

Solution:

• India observes National Maritime Day every year on April 5 to celebrate its rich maritime heritage and highlight the importance of the shipping sector in economic growth and global connectivity.
• The day acknowledges the contributions of seafarers, port authorities, and maritime institutions that play a vital role in sustaining international trade and logistics.

Historic Significance: Voyage of SS Loyalty

• The significance of this day dates back to April 5, 1919, when the Indian-owned ship SS Loyalty undertook its maiden voyage from Mumbai to London.
• The ship was operated by the Scindia Steam Navigation Company, marking a historic milestone during the colonial period.
• This voyage symbolized India’s entry into global maritime trade, reducing dependence on foreign shipping and laying the foundation for the country’s modern shipping industry.

Q5. The Reserve Bank of India has introduced the Benchmark Issuance Strategy (BIS) on a pilot basis to enhance transparency and efficiency in the State Development Loan (SDL) market. In this context, the pilot initiative has been implemented across how many states?

(a) 7
(b) 8
(c) 11
(d) 10
(e) 9

Answer: e

Solution:

• The Reserve Bank of India (RBI) has launched a pilot Benchmark Issuance Strategy (BIS) for state government borrowings, starting from FY27.
• The pilot initiative will be implemented across 9 states: Andhra Pradesh, Bihar, Chhattisgarh, Kerala, Madhya Pradesh, Maharashtra, Rajasthan, Telangana, and Uttar Pradesh.
• Under this strategy, states will issue State Development Loans (SDLs) in predefined benchmark tenor buckets, following a pre-announced borrowing calendar.
• The BIS aims to bring greater structure and predictability to state borrowings in the debt market.
• The key objectives of the strategy include:
  • Enhancing transparency in state borrowings
  • Improving liquidity in the SDL market
  • Facilitating better price discovery for investors
• Overall, the initiative is expected to strengthen the efficiency and credibility of the state government securities market in India.