Daily Current Affairs Quiz 3rd October, 2026 for Banking & Competitive Exams |

Daily Current Affairs: 3rd October 2026

Q1. The Department of Commerce has extended the continuation of the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme up to which date without changing the existing rates and value caps?

(a) 31st October 2026

(b) 30th November 2026

(d) 31st March 2027

(e) None of the above

Answer: c

Solution:

The Department of Commerce, through Notification No. 41/2026-27 dated 30 September 2026, extended the RoDTEP Scheme up to 31 December 2026.
The scheme will continue to be available to Domestic Tariff Area (DTA) units, Advance Authorisation (AA) holders, Special Economic Zone (SEZ) units and Export Oriented Units (EOUs).
RoDTEP refunds embedded and un-rebated Central, State and local duties, taxes and levies borne on exported products, including prior-stage cumulative indirect taxes.
The existing RoDTEP rates and value caps notified under Appendix 4R and Appendix 4RE will remain unchanged during the extended period.
The extension aims to support exporters and provide a level playing field in international markets.

Q2. Indian boxer Lovlina Borgohain clinched a historic gold medal in the women’s 75kg category at the Asian Games by defeating China’s Bao Ziyi 5-0 in the final. She became only the second Indian woman to win an Asian Games gold in boxing, after whom?

(a) Nikhat Zareen

(b) Mary Kom

(d) Jamuna Boro

(e) None of the above

Answer: b

Solution:

Lovlina Borgohain won the gold medal in the women’s 75 kg boxing category at the Asian Games 2026.
She defeated China’s Bao Ziyi by a 5–0 unanimous decision in the final.
This was India’s second gold medal in women’s boxing at the Asian Games.
India’s previous women’s boxing gold was won by Mary Kom in 2014.

Q3. The United Nations observes the International Day of Non-Violence annually on October 2, commemorating the birth anniversary of Mahatma Gandhi. In which year was the UN General Assembly resolution (A/RES/61/271) establishing this day adopted?

(a) 2000

(b) 2005

(d) 2010

(e) None of the above

Answer: c

Solution:

International Day of Non-Violence is observed annually on 2 October, the birth anniversary of Mahatma Gandhi.
The day recognises Gandhi’s contribution to the philosophy and practice of non-violence.
The UN General Assembly established the observance through Resolution A/RES/61/271 on 15 June 2007.
The day aims to disseminate the message of non-violence through education and public awareness.
It promotes a culture of peace, tolerance, understanding and non-violence.

Q4. National Coastal Mission 2.0 (NCM 2.0), launched as a Central Sector Scheme for the period 2025–26 to 2030–31, covers how many coastal States and Union Territories in India?

(a) 8 States and 3 Union Territories

(b) 9 States and 4 Union Territories

(d) 9 States and 5 Union Territories

(e) None of the above

Answer: b

Solution:

The Union Minister for Environment, Forest and Climate Change launched the Guidelines for implementation of National Coastal Mission (NCM) 2.0 in New Delhi.
NCM 2.0 is a Central Sector Scheme that will subsume the earlier National Coastal Mission (NCM 1.0).
NCM 1.0 was implemented during 2021–22 to 2025–26.
NCM 2.0 will be implemented from 2025–26 to 2030–31.
Aim: strengthen the resilience and sustainability of India’s coastal regions and unlock the potential of the Blue Economy.
Nodal Ministry: Ministry of Environment, Forest and Climate Change (MoEFCC).
It covers 9 coastal States: Gujarat, Maharashtra, Goa, Karnataka, Kerala, Tamil Nadu, Andhra Pradesh, Odisha and West Bengal.
It also covers 4 UTs: Dadra and Nagar Haveli and Daman & Diu, Andaman and Nicobar Islands, Puducherry and Lakshadweep.

Q5. India secured two medals in sailing at the 20th Asian Games held in Aichi-Nagoya, Japan. Which pair won the Silver medal for India in the Men’s Skiff event?

(a) Vishnu Saravanan and KC Ganapathy

(b) Manu Francis and Prince Kurisinkal Noble

(d) Harshita Tomar and Shital Verma

(e) None of the above

Answer: b

Solution:

India won two sailing medals at the Asian Games 2026 in Aichi-Nagoya.
Manu Francis and Prince Kurisinkal Noble won silver in the men’s skiff event.
Harshita Tomar and Shital Verma won bronze in the women’s event.

Q6. The first Regional Workshop under ‘Sādhana Śhrinkhla’ under Mission Karmayogi was organized by the Capacity Building Commission (CBC) in which city?

(a) Bengaluru, Karnataka

(b) Hyderabad, Telangana

(d) Chennai, Tamil Nadu

(e) None of the above

Answer: c

Solution:

The first Regional Workshop under Sādhana Śhrinkhla was organised by the Capacity Building Commission (CBC) under Mission Karmayogi.
The two-day workshop was held on 29–30 September 2026 in Vijayawada, Andhra Pradesh.
Theme: “From Training Institutions to Capacity Building Institutions.”
More than 300 participants from Andhra Pradesh, Karnataka, Telangana, Odisha, Puducherry, Kerala and Tamil Nadu participated.
Participants included heads and faculty of Training Institutions, Administrative Training Institutes (ATIs), General Administration Departments and Academies.
Sādhana stands for Strengthening Adaptive Development and Humane Aptitude for National Advancement.
Sādhana Śhrinkhla is a nationwide series of regional consultative engagements focused on strengthening institutional capacity building.

Q7. The Reserve Bank of India (RBI) approved the appointment of Anup Bagchi as the MD & CEO of which major bank under Section 35B of the Banking Regulation Act, 1949?

(a) ICICI Bank

(b) Axis Bank

(d) IndusInd Bank

(e) None of the above

Answer: c

Solution:

The Board of HDFC Bank appointed Anup Bagchi as its Managing Director (MD) and Chief Executive Officer (CEO).
The appointment was approved by the Reserve Bank of India (RBI).
Bagchi is currently the MD & CEO of ICICI Prudential Life Insurance.
He will take charge of HDFC Bank on 27 October 2026.
RBI approved his appointment and remuneration under Section 35B of the Banking Regulation Act, 1949.
His tenure will be for three years from 27 October 2026.

Q8. Indian jurist Bimal N Patel took oath as a Judge of the International Tribunal for the Law of the Sea (ITLOS). Where is the headquarters of ITLOS located?

(a) The Hague, Netherlands

(b) Geneva, Switzerland

(d) New York, USA

(e) None of the above

Answer: c

Solution:

Indian jurist and academician Bimal N. Patel took oath as a Judge of the International Tribunal for the Law of the Sea (ITLOS) at its headquarters in Hamburg, Germany.
He was elected on 18 June 2026 at the 36th Meeting of States Parties to UNCLOS in New York.
He secured 115 votes out of 168 valid votes.
Patel, currently Vice-Chancellor of Rashtriya Raksha University (RRU), Gandhinagar, will serve a nine-year term.
ITLOS is an independent judicial body established under the 1982 United Nations Convention on the Law of the Sea (UNCLOS).
Headquarters: Hamburg, Germany.
The Tribunal consists of 21 independent members.
Members are elected by secret ballot by States Parties to UNCLOS.
Each State Party may nominate up to two candidates.
Members serve nine-year terms and may be re-elected, with one-third of the membership retiring every three years.

Q9. Where was Tamil Nadu’s first Multi-Lane Free Flow (MLFF) barrier-less tolling system introduced by NHAI on October 1, 2026?

(a) Sriperumbudur Toll Plaza

(b) Paranur Toll Plaza

(d) Kaniyur Toll Plaza

(e) None of the above

Answer: b

Solution:

The National Highways Authority of India (NHAI) introduced Tamil Nadu’s first Multi-Lane Free Flow (MLFF) tolling system on 1 October 2026.
It was introduced at the Paranur Toll Plaza on the Tambaram–Tindivanam section of NH-179B.
MLFF is a barrier-free toll collection system that allows vehicles to pass through toll points without stopping.
The system uses FASTag-based Electronic Toll Collection (ETC) and Automatic Number Plate Recognition (ANPR).
It eliminates the need for physical toll barriers and facilitates more seamless vehicle movement.

Q10. The Akash short-to-medium-range surface-to-air missile (SAM) system—recently exported to countries including Armenia, Tajikistan, and Turkmenistan—was indigenously developed by which organization under the Integrated Guided Missile Development Programme (IGMDP)?

(a) Hindustan Aeronautics Limited (HAL)

(b) Defence Research and Development Organisation (DRDO)

(d) Ordnance Factory Board (OFB)

(e) None of the above

Answer: b

Solution:

As of 1 October 2026, India has exported the Akash Air Defence System to Tajikistan and Turkmenistan.
Akash is an indigenous short-range surface-to-air missile (SAM) system developed by the Defence Research and Development Organisation (DRDO).
It is designed to protect vulnerable areas, vital points and strategic assets against aerial threats.
The system can counter threats including fighter aircraft, cruise missiles, drones and helicopters.
The Akash missile system is indigenously designed and developed by DRDO.
Bharat Dynamics Limited (BDL), Hyderabad, is a major production agency for the system.
Bharat Electronics Limited (BEL) is also associated with its production.
The export of Akash reflects India’s growing role in the international defence equipment market.