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

Daily Current Affairs: 3rd May, 2026

Q1. The “Padma Doree” initiative, recently unveiled by Ministry of Development of North Eastern Region (MDoNER), is a cross-cultural collaboration between the textile traditions of which two regions?

(a) Assam and Rajasthan

(b) Meghalaya and Uttar Pradesh

(d) Nagaland and Gujarat

(e) Manipur and West Bengal

Answer: c

Solution:

The North Eastern Handicrafts and Handlooms Development Corporation, a CPSE under the Ministry of Development of North Eastern Region, launched a unique textile initiative named Padma Doree.
The initiative brings together the Eri (Ahimsa) silk traditions of Northeast India with the Chanderi weaving heritage of Madhya Pradesh.
It was officially unveiled by Sanjay Jaju.
The launch event featured a fashion show showcasing the fusion of Eri silk and Chanderi textiles.
Eri silk is known for its ethical and sustainable production, often referred to as Ahimsa silk.

Q2. Who among the following 1991-batch IDAS officers has recently assumed charge as the Controller General of Defence Accounts (CGDA) with effect from May 1, 2026?

(a) Shri Bharat Khera

(b) Shri Rajesh Agrawal

(d) Shri Sanjay Jaju

(e) Shri Rajeev Kumar

Answer: c

Solution:

Anugraha Narayana Das has assumed charge as the Controller General of Defence Accounts (CGDA).
He is a 1991-batch officer of the Indian Defence Accounts Service (IDAS).
The appointment came into effect from 1 May 2026.

Q3. Who among the following has recently assumed charge as the Secretary (Defence Finance) in the Ministry of Defence on May 1, 2026?

(a) Shri Bharat Khera

(b) Shri Vishvajit Sahay

(d) Shri Sanjay Jaju

(e) Shri Rajesh Agrawal

Answer: b

Solution:

Vishvajit Sahay has assumed charge as Secretary (Defence Finance) in the Ministry of Defence.
He is a 1990-batch officer of the Indian Defence Accounts Service (IDAS).
The appointment came into effect from 1 May 2026.
Prior to this role, he served as the Controller General of Defence Accounts.

Q4. Who has recently become the youngest swimmer to cross the Palk Strait, covering the 29-km distance between Sri Lanka and India?

(a) Jiya Rai

(b) Mihir Sen

(d) Sampanna Ramesh Shelar

(e) Ishank Singh

Answer: e

Solution:

Ishank Singh, a seven-year-old boy from Jharkhand, has become the youngest swimmer to cross the Palk Strait.
He completed the 29-km stretch between Sri Lanka and India in a record time for his age category.
The swim began from Talaimannar and ended at Dhanushkodi.
Ishank Singh completed the feat in 9 hours and 50 minutes.
The achievement has been officially recognised by the Universal Records Forum.

Q5. Who has been appointed as the official brand ambassador for the F1 Programme in India by Mumbai Falcons Racing Limited (MFRL)?

(a) Virat Kohli

(b) Shubman Gill

(d) Rishabh Pant

(e) Hardik Pandya

Answer: c

Solution:

Mumbai Falcons Racing Limited has appointed Shreyas Iyer as the official brand ambassador for the F1 Programme in India.
The initiative is part of an agreement granting MFRL the rights to host an official Formula 1-sanctioned sim racing competition.
The competition, titled F1 Sim Racing India Open 2026, will serve as a national platform for sim racing talent.

K.C. Venugopal has been reappointed as the chairman of the Public Accounts Committee (PAC) of Parliament for the 2026–27 term.

About: In India’s parliamentary system, the PAC plays a crucial role in ensuring executive accountability to the legislature by scrutinizing government expenditure and financial management.
Genesis and Evolution: The PAC was established in 1921 following the Montague-Chelmsford Reforms and later evolved into a full-fledged parliamentary committee after the Constitution came into force in 1950.
- Since 1967, it has been a well-established convention in the Indian Parliament that the Chairman of the PAC is appointed from the Opposition party, strengthening accountability.
Composition: The PAC consists of 22 members, including 15 from Lok Sabha and 7 from Rajya Sabha, elected annually through proportional representation by single transferable vote.

Q6. Who has been reappointed as the Chairman of the Public Accounts Committee (PAC) for the 2026–27 term?

(a) Mallikarjun Kharge

(b) K.C. Venugopal

(d) Shashi Tharoor

(e) Jagdeep Dhankhar

Answer: b

Solution:

K. C. Venugopal has been reappointed as the Chairman of the Public Accounts Committee of Parliament for the 2026–27 term.
The PAC plays a crucial role in ensuring executive accountability to the legislature by examining government expenditure and financial management.
The committee was established in 1921 following the Montagu–Chelmsford Reforms.
It evolved into a full-fledged parliamentary committee after the Constitution of India came into force in 1950.
Since 1967, it has been a convention that the PAC Chairman is appointed from the Opposition, strengthening parliamentary oversight.
The PAC consists of 22 members, including 15 from Lok Sabha and 7 from Rajya Sabha.
Members are elected annually through the system of proportional representation by single transferable vote.

Q7. Which Indian state has become the first to operationalise a specialised grievance redressal mechanism specifically for platform-based gig workers?

(a) Karnataka

(b) Maharashtra

(d) Rajasthan

(e) Telangana

Answer: a

Solution:

Karnataka has operationalised a specialised grievance redressal mechanism for platform-based gig workers.
The initiative is a first-of-its-kind system in India aimed at protecting gig workers’ rights.
It has been developed by the Karnataka Platform-based Gig Workers’ Board in collaboration with the Department of e-Governance.
Gig workers can now register complaints through the Integrated Public Grievance Redressal System.
The mechanism allows grievances related to pay, working conditions, and platform-specific disputes to be formally addressed.
It creates a structured interface between gig workers and technology platforms/aggregators.

Q8. In a significant move under the Humanitarian Assistance and Disaster Relief (HADR) framework, India recently deployed its flagship portable healthcare infrastructure in Jamaica. What is the name of this indigenous modular medical system?

(a) Ayushman Bharat Cube

(b) Aarogya Maitri (BHISHM Cube)

(d) Rakshak Modular Clinic

(e) Bharat Swasthya Box

Answer: b

Solution:

India has deployed its flagship Aarogya Maitri in Jamaica.
The move marks a significant step in strengthening India–Caribbean relations and advancing South-South cooperation.
The deployment is part of India’s Humanitarian Assistance and Disaster Relief (HADR) framework.
It reflects India’s focus on providing rapid, technology-enabled medical support to partner countries.
The initiative has been guided by the National Security Council Secretariat and coordinated with the Ministry of External Affairs.

Q9. Who has been appointed as the President of the National Company Law Tribunal (NCLT) in May 2026?

(a) Justice (retd) Ramalingam Sudhakar

(b) Justice (retd) Anupinder Singh Grewal

(d) Justice (retd) N.V. Ramana

(e) Justice (retd) Ranjan Gogoi

Answer: b

Solution:

Anupinder Singh Grewal has been appointed as the President of the National Company Law Tribunal.
He is a former Judge of the Punjab and Haryana High Court.
The appointment has been approved by the Appointments Committee of the Cabinet (ACC).
He will serve a term of five years or until attaining the age of 67 years, whichever is earlier.

Q10. Which state government has launched India’s first State-led Centre of Excellence for Space Technology (CoE SpaceTech Foundation)?

(a) Andhra Pradesh

(b) Kerala

(d) Gujarat

(e) Tamil Nadu

Answer: c

Solution:

Karnataka has launched the country’s first State-led Centre of Excellence for Space Technology, known as CoE SpaceTech Foundation.
The centre has been established in Bengaluru.
It has been set up by the state government through the Karnataka Innovation and Technology Society in collaboration with SIA-India.
The initiative aims to strengthen India’s space technology ecosystem.