Daily Current Affairs Quiz 12th May 2026 for Banking & Competitive Exams |

Daily Current Affairs: 12th May, 2026

Q1. In May 2026, Union Home Minister Amit Shah released a book titled ‘The Bench, the Bar, and the Bizarre’. Who is the author of this book?

(a) Justice D.Y. Chandrachud

(b) Shri R. Venkataramani

(d) Shri Harish Salve

(e) Shri Mukul Rohatgi

Answer: c

Solution:

In May 2026, Union Home Minister and Minister of Cooperation Amit Shah released the book The Bench, the Bar, and the Bizarre and The Lawful and the Awful in New Delhi. The book has been authored by Tushar Mehta.

Q2. Recently, in May, 2026, The Indian Coast Guard commissioned ICGS Achal, a vessel designed to enhance maritime surveillance, search and rescue operations, and coastal security. ICGS Achal belongs to which specific new-generation series of Fast Patrol Vessels?

(a) Vikram-class

(b) Shivalik-class

(d) Nilgiri-class

(e) Talwar-class

Answer: c

Solution:

The Indian Coast Guard commissioned ICGS Achal, the latest vessel of the new-generation Adamya-class Fast Patrol Vessel series, on 9 May 2026.
The commissioning ceremony was held at Goa Shipyard Limited.
The name Achal, meaning “firm,” symbolises the Indian Coast Guard’s commitment to safeguarding India’s maritime interests and ensuring maritime security.
The vessel will undertake a wide range of operations, including coastal and offshore surveillance, interdiction missions, search and rescue (SAR) operations, anti-smuggling activities, and marine pollution response.
ICGS Achal has been designed and built indigenously by Goa Shipyard Limited.
The ship incorporates more than 50% indigenous components, reflecting India’s growing self-reliance in defence manufacturing.

Q3. The theme of World Lupus Day 2026 focuses on increasing awareness about the often over looked impact of lupus on patients worldwide. What is the official theme for World Lupus Day 2026?

(a) Health for All

(b) Autoimmune Awareness Matters

(d) Fight Chronic Illness Together

(e) Living Beyond Lupus

Answer: c

Solution:

World Lupus Day is observed globally every year on 10 May to spread awareness about Lupus, a complex autoimmune disease that affects millions of people worldwide.
Lupus is a chronic autoimmune disorder in which the body’s immune system mistakenly attacks healthy tissues and organs, leading to inflammation and damage in areas such as the joints, skin, kidneys, heart, and lungs.
The disease has no known cure and can significantly affect the daily lives of patients due to its long-term physical and emotional impact.
The theme for World Lupus Day 2026 is “Make Lupus Visible”, highlighting the need to recognise the disease, understand its symptoms, and acknowledge the challenges faced by those living with Lupus.

Q4. Tamil Nadu witnessed a major political transition in May 2026 when the founder of Tamilaga Vettri Kazhagam (TVK) took oath as the state’s Chief Minister. Who was sworn in as the Chief Minister of Tamil Nadu?

(a) MK Stalin

(b) C. Joseph Vijay

(d) Edappadi K. Palaniswami

(e) O. Panneerselvam

Answer: b

Solution:

In Tamil Nadu, the founder of Tamilaga Vettri Kazhagam, C. Joseph Vijay, was sworn in as the Chief Minister on 10 May 2026.
The swearing-in ceremony was held at Nehru Indoor Stadium.
Rajendra Vishwanath Arlekar administered the Oath of Office and Secrecy to Mr Vijay.
Along with him, nine ministers were also sworn into the Council of Ministers.
Among those who took oath as Cabinet Ministers were KG Arunraj, Aadhav Arjuna, N Anand, Selvi S Keerthana, and Dr TK Prabhu.

Q5. India is hosting the 2026 Asian Weightlifting Championships after a gap of more than four decades, with participation from athletes across Asia. In which city is the championship being held?

(a) Ahmedabad

(b) Bengaluru

(d) Chennai

(e) Gandhinagar

Answer: e

Solution:

India is hosting the prestigious 2026 Asian Weightlifting Championships in Gandhinagar from 11 to 17 May 2026.
This marks the first time in 44 years that India is hosting the Asian Weightlifting Championships.
Around 180 athletes from 28 countries are participating in one of Asia’s biggest weightlifting events of the year.
The championship also serves as an important qualification event for the upcoming Commonwealth Games and Asian Games.

Q6. The Government of India has introduced a new rural employment framework under the Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025. From which date will the new Act come into force nationwide?

(a) 1 July 2026

(b) 1 June 2026

(d) 15 August 2026

(e) 2 October 2026

Answer: a

Solution:

Marking a major milestone in India’s rural development journey, the Government of India notified the implementation of the Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025 on 11 May 2026. The Act will be implemented nationwide from 1 July 2026.
With the enforcement of the new Act, the Mahatma Gandhi National Rural Employment Guarantee Act, 2005 will stand repealed from the same date, marking a historic shift in India’s rural development framework towards a more integrated and productivity-oriented model aligned with the vision of Viksit Bharat @2047.
Under the new framework, every rural household with adult members willing to undertake unskilled manual work will receive a statutory guarantee of 125 days of wage employment in every financial year.
The enhanced employment guarantee aims to strengthen livelihood security, increase rural incomes, and support sustainable village-level development.
Employment must be provided within the prescribed timeframe after workers demand work, failing which eligible workers will receive unemployment allowance as per the provisions of the Act.
The Act also places strong emphasis on transparent and timely wage payments. Wages will continue to be transferred directly into workers’ bank or post office accounts through Direct Benefit Transfer (DBT).
Wages are to be paid weekly or within fifteen days from the closure of the muster roll. In case of delay, workers will be entitled to compensation under the provisions of the Act.
For the financial year 2026–27, the Central Government has allocated ₹95,692.31 crore for the programme, the highest-ever Budget Estimate allocation for a rural employment scheme.
Including the expected contribution from States, the total programme outlay is estimated to exceed ₹1.51 lakh crore, which is expected to accelerate rural infrastructure development, employment generation, and income enhancement in rural areas.

Q7. India has achieved a major milestone in the clean energy sector by becoming one of the world’s leading nations in installed renewable energy capacity. What is India’s current global rank in installed renewable energy capacity?

(a) First

(b) Second

(d) Third

(e) Fifth

Answer: d

Solution:

India has become the world’s third-largest country in terms of installed renewable energy capacity, reflecting the country’s rapid progress in clean energy development.
A report by Morgan Stanley stated that India’s renewable energy transition could significantly reduce external energy dependence. However, the report emphasised that long-term success will depend on the speedy localisation of critical manufacturing segments such as solar cells, wafers, and polysilicon.
According to data from the Ministry of New and Renewable Energy, India’s domestic solar module manufacturing capacity nearly doubled from 38 gigawatts in March 2024 to 74 gigawatts in March 2025.
During the same period, solar cell manufacturing capacity increased from 9 gigawatts to 25 gigawatts.
Despite this progress, the report highlighted that India still remains heavily dependent on imports for several upstream solar components.
In the financial year 2025, India imported nearly 35 million solar modules worth around 1.6 billion US dollars, with an estimated 60 to 80 per cent of these imports sourced from China.
India’s total non-fossil fuel energy capacity has now crossed 50 per cent of the country’s total installed power capacity, reaching 262.7 gigawatts.
Solar and wind energy continue to contribute the largest share of recent renewable energy capacity additions in the country.

Q8. Despite challenging global economic conditions, India’s economy has continued to display strong resilience and growth momentum, according to a recent SBI Research report. What growth rate has been projected for India’s economy in FY 2026–27?

(a) 6.6%

(b) 6.0%

(d) 7.0%

(e) 7.5%

Answer: a

Solution:

India’s economy has remained resilient despite global economic headwinds, according to a report released by SBI Research in May, 2026.
The report projects that the Indian economy will grow by 6.6 per cent during the financial year 2026–27.
It also estimates that real GDP growth for the fourth quarter of the previous financial year stood at nearly 7.2 per cent.
The report noted that India has continued to maintain strong economic growth momentum even amid global uncertainties.
High-frequency economic indicators reflected resilient economic activity, although a marginal slowdown was observed during the fourth quarter.
According to the report, bank credit growth by scheduled commercial banks accelerated to 16.1 per cent, compared to 11.0 per cent during the same period a year earlier.
Total incremental credit growth in the banking sector reached ₹29.5 lakh crore, indicating strong lending activity and sustained economic demand.

Q9. The Indian Air Force organised a special commemorative event in May 2026 to mark the anniversary of a major successful air operation carried out by the force. What was the name of the event?

(a) Mission Vijay Run

(b) Air Warrior Marathon

(d) Operation Trishul Run

(e) Vayu Shakti Memorial Run

Answer: c

Solution

The Indian Air Force organised the 88-hour “Op Sindoor Commemorative Run” in New Delhi from 7 May to 10 May 2026.
The event marked the first anniversary of the 88-hour successful air operations carried out by the Indian Air Force, which showcased its capability to conduct decisive and precise strikes.
Around 600 runners from various Commands of the Indian Air Force and the Indian Army participated in the commemorative run.

Q10. Recently, launched “One Case, One Data” initiative is a part of the broader ‘e-Courts Project’. What is the primary goal of this specific initiative?

(a) To provide free legal aid to all citizens.

(b) To integrate judicial records from taluka courts to the apex court into a unified system.

(d) To automate the physical transfer of paper files between different court tiers.

(e) To live-stream all court proceedings nationwide.

Answer: b

Solution:

Surya Kant launched the “One Case, One Data” initiative and the AI-powered chatbot “Su Sahay” at the Supreme Court of India on 11 May 2026.
The “One Case, One Data” initiative aims to integrate judicial data from the Supreme Court, High Courts, district courts, and taluka courts into a unified digital system.
The initiative is designed to improve judicial administration through better case management, online verification of case details, and automated data retrieval.
It will also provide reciprocal access to case-related information for High Courts and government departments wherever required, ensuring greater transparency, accuracy, and data integrity in court records.
Alongside the initiative, the AI chatbot “Su Sahay” was also launched to improve public access to court services.
“Su Sahay” has been developed by the National Informatics Centre in collaboration with the Supreme Court Registry.
The chatbot is integrated with the Supreme Court website and will provide front-end assistance and guidance to citizens seeking court-related services and information.