Daily Current Affairs Quiz 10th July 2026 for Banking & Competitive Exams |

Daily Current Affairs: 10 July, 2026

Q1. The Pinaka LRGR rocket was designed primarily by the __________ in close association with the __________, along with essential technology inputs from DRDL and RCI.

(a) Research Centre Imarat; High Energy Materials Research Laboratory

(b) Armament Research and Development Establishment; High Energy Materials Research Laboratory

(d) Armament Research and Development Establishment; Advanced Systems Laboratory

(e) Defence Metallurgical Research Laboratory; Research Centre Imarat

Answer: b

Solution:

The Defence Research and Development Organisation (DRDO) successfully conducted the flight-test of the Pinaka Long Range Guided Rocket (LRGR) at the Integrated Test Range (ITR), Chandipur, Odisha, on 8 July 2026.

Development of Pinaka LRGR:

Designed by the Armament Research and Development Establishment (ARDE), Pune.
Developed in association with the High Energy Materials Research Laboratory (HEMRL), Pune.
Supported by the Defence Research and Development Laboratory (DRDL), Hyderabad, and the Research Centre Imarat (RCI), Hyderabad.
The flight trial was coordinated by the Integrated Test Range (ITR), Chandipur, and the Proof & Experimental Establishment (PXE), Chandipur.

Q2. According to the latest AISHE 2023-24 report, the representation of female students within the critical Science, Technology, Engineering, and Mathematics (STEM) streams has hit which of the following milestones?

(a) 38.4%

(b) 41.2%

(d) 48.5%

(e) 51.0%

Answer: c

Solution:

The Union Ministry of Education has released the All India Survey on Higher Education (AISHE) Reports for 2022–23 and 2023–24. AISHE is the primary source of official statistics on higher education in India and provides crucial data for policy formulation, planning, and monitoring of the sector. The survey collects information from Higher Education Institutions (HEIs) across the country through a web-based Data Capture Format (DCF), covering student enrolment, faculty and staff, infrastructure, examination results, and other institutional details.

Key Highlights

The Gross Enrolment Ratio (GER), which measures the ratio of student enrolment in higher education to the population aged 18–23 years (based on the 2011 population projections), increased from 23.7 in 2014–15 to 29.5 in 2022–23 and further to 30.0 in 2023–24.
The Female Gross Enrolment Ratio increased from 22.9 in 2014–15 to 30.2 in 2022–23, reaching 31.2 in 2023–24.
The GER of Scheduled Castes (SC) increased from 18.9 in 2014–15 to 27.8 in 2023–24, while the GER of Scheduled Tribes (ST) rose from 13.5 to 22.8 during the same period.
The Gender Parity Index (GPI), which represents the ratio of female GER to male GER, stood at 1.08 in 2023–24. The GPI has remained above 1.0 for seven consecutive years, indicating consistently higher female participation in higher education than male participation.
Total enrolment in higher education increased from 3.42 crore in 2014–15 to 4.46 crore in 2022–23, and further to 4.50 crore in 2023–24, representing an overall increase of 31.5% over the last decade.
Female enrolment in higher education rose significantly from 1.57 crore in 2014–15 to 2.18 crore in 2022–23 and 2.24 crore in 2023–24, reflecting a 42.2% increase over the decade.
Enrolment of Scheduled Caste (SC) students increased from 46.07 lakh in 2014–15 to 69.72 lakh in 2023–24, registering a growth of 51.4%.
Enrolment of Scheduled Tribe (ST) students increased from 16.41 lakh in 2014–15 to 28.83 lakh in 2023–24, recording a growth of 75.7%.
Enrolment of Other Backward Classes (OBC) students increased from 1.13 crore in 2014–15 to 1.80 crore in 2023–24, reflecting an increase of 60.2%.
Enrolment in STEM (Science, Technology, Engineering and Mathematics) disciplines increased from 91.5 lakh in 2014–15 to 1.02 crore in 2023–24, highlighting the growing emphasis on STEM education.
The share of female students in STEM increased steadily from 38.4% in 2014–15 to 44.0% in 2023–24, indicating greater gender inclusivity in science and technology education.
The total number of faculty members in higher education increased to 17.32 lakh in 2023–24, with 55.1% male and 44.9% female faculty members.
The number of female faculty members increased from 5.69 lakh in 2014–15 to 7.37 lakh in 2022–23, and further to 7.78 lakh in 2023–24, reflecting sustained growth in women’s representation in higher education teaching.

Q3. During the official bilateral visit of Prime Minister Narendra Modi to Australia from in July, 2026, a Letter of Intent (LoI) was formally handed over to establish a new Australian branch campus in India. In which of the following cities will Flinders University set up this campus?

(a) Gandhinagar (GIFT City)

(b) Hyderabad

(d) Bengaluru

(e) New Delhi

Answer: d

Solution:

During Prime Minister Narendra Modi’s visit to Australia (8–10 July 2026), the Government of India handed over a Letter of Intent (LoI) to Flinders University, Australia, enabling it to establish its campus in Bengaluru, Karnataka.

Q4. During the bilateral visit of Prime Minister Narendra Modi to Australia in July 2026, a formal Letter of Approval (LoA) was handed over to enable an Australian university to operate its branch campus in India. In which of the following cities will Victoria University set up this international campus?

(a) Noida

(b) Gurugram

(d) Bengaluru

(e) Hyderabad

Answer: b

Solution:

During Prime Minister Narendra Modi’s visit to Australia (8–10 July 2026), the Government of India handed over a Letter of Approval (LoA) to Victoria University, Australia, permitting it to establish and operate its campus in Gurugram, Haryana.

Q5. Which of the following major financial institutions signed a Memorandum of Understanding (MoU) with the Uttar Pradesh government to provide social security and personal accident insurance coverage to teachers and their families?

(a) Punjab National Bank

(b) Bank of Baroda

(d) State Bank of India

(e) Indian National Cooperative Bank

Answer: d

Solution:

The Uttar Pradesh Government has launched the Chief Minister’s Teachers’ Cashless Medical Scheme to provide cashless healthcare benefits to teachers and non-teaching staff across the state. The scheme was launched by Chief Minister Yogi Adityanath in Varanasi.

Key Highlights

The scheme provides cashless medical treatment of up to ₹5 lakh to eligible beneficiaries and their families.
More than 15 lakh teaching and non-teaching staff associated with basic and secondary education will benefit from the scheme.
The beneficiaries include regular teachers, Shiksha Mitras (para-teachers), instructors, cooks, and eligible staff of Kasturba Gandhi Balika Vidyalayas (KGBVs).
An MoU was signed with the State Bank of India (SBI) to provide social security and insurance coverage to teachers and their families.
The scheme is part of a comprehensive social security and insurance programme for employees of the Uttar Pradesh Basic Education Department, which has been described as the first-of-its-kind initiative in India.
Under the programme, contractual employees receiving a monthly salary of more than ₹10,000 will be covered under a personal accident insurance policy ranging from ₹30 lakh to ₹80 lakh.
In the event of permanent disability, beneficiaries will receive insurance coverage between ₹30 lakh and ₹80 lakh, depending on the applicable provisions.
In cases of partial disability, insurance benefits ranging from ₹15 lakh to ₹40 lakh will be provided.
The scheme also includes air accident insurance along with additional benefits for the education of employees’ children and the marriage of daughters in the event of an unforeseen tragedy.

Q6. Young prodigy Aswath S etched his name into Indian sporting history by delivering a clutch final-round performance to become the nation’s 98th Grandmaster. Which region or city does this teenage chess master hail from?

(a) Chennai, Tamil Nadu

(b) Bengaluru, Karnataka

(d) Pune, Maharashtra

(e) Hyderabad, Telangana

Answer: c

Solution:

Seventeen-year-old Aswath S from Kanyakumari, Tamil Nadu, became India’s 98th Grandmaster (GM) after securing his final Grandmaster norm at the 2026 Pune International Grandmaster Round Robin tournament.

Q7. Uttarakhand has scripted a significant milestone in its educational development by meeting the prescribed adult literacy benchmarks set under the National Education Policy 2020. With this accomplishment, what is Uttarakhand’s precise structural rank on the list of fully literate states in India?

(a) Fourth

(b) Fifth

(d) Seventh

(e) Tenth

Answer: c

Solution:

Uttarakhand has become the sixth fully literate state in India after achieving the prescribed adult literacy benchmarks under the National Education Policy (NEP) 2020 and the ULLAS – Understanding of Lifelong Learning for All in Society (New India Literacy Programme).

Key Highlights

Uttarakhand has been declared the sixth fully literate state in the country.
The state achieved the required adult literacy benchmarks prescribed under NEP 2020 and the ULLAS – New India Literacy Programme.
The declaration was approved by the Governor of Uttarakhand on 8 July 2026.
The recognition was granted after the state fulfilled the literacy standards laid down by the Department of School Education and Literacy, under the Ministry of Education, Government of India.
With this achievement, Uttarakhand joins Mizoram, Goa, Tripura, Himachal Pradesh, and Sikkim in the list of fully literate states.

Q8. India’s civil aviation and highway infrastructure sectors are witnessing a historic milestone with the development of the country’s first six-lane underpass beneath an active runway. At which of the following international airports is this 450-metre engineering marvel being constructed?

(a) Lal Bahadur Shastri International Airport, Varanasi

(b) Indira Gandhi International Airport, Delhi

(d) Jewar International Airport, Noida

(e) Netaji Subhash Chandra Bose International Airport, Kolkata

Answer: a

Solution:

India’s first six-lane underpass beneath an active airport runway is being constructed as part of the new terminal project at Lal Bahadur Shastri International Airport, Varanasi, Uttar Pradesh.

Key Highlights

India’s first six-lane underpass beneath an active runway is under construction at the new terminal of Varanasi Airport.
The 450-metre-long underpass is an engineering milestone designed to allow uninterrupted road traffic below while aircraft continue to operate safely above.

Q9. The Reserve Bank of India has officially approved the appointment of veteran banker Mahesh Muralidhar Pai as the incoming Managing Director and Chief Executive Officer of which private sector banking institution?

(a) Federal Bank

(b) South Indian Bank

(d) CSB Bank

(e) Karnataka Bank

Answer: b

Solution:

The Reserve Bank of India (RBI) has approved the appointment of Mahesh Muralidhar Pai as the Managing Director (MD) and Chief Executive Officer (CEO) of South Indian Bank.

He will assume office with effect from 1 October 2026.
Pai brings over three decades of banking experience, having worked across several key areas of the banking sector.
Before this appointment, he headed Digital Banking and Innovation at Canara Bank.
He succeeds P. R. Seshadri, whose current tenure as MD and CEO concludes on 30 September 2026.

Q10. Union Minister Dr. Mansukh Mandaviya officially announced the host destination for the upcoming 2026 edition of the flagship grassroots sports tournament. Which Indian state has been granted the hosting rights for the 8th Khelo India Youth Games?

(a) Andhra Pradesh

(b) Karnataka

(d) Odisha

(e) Tamil Nadu

Answer: c

Solution:

The 8th edition of the Khelo India Youth Games (KIYG) 2026 will be hosted by Telangana. The announcement was made by Union Minister for Youth Affairs and Sports, Dr. Mansukh Mandaviya, on 8 July 2026.