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Daily Current Affairs Quiz 6th June 2026 for Banking & Competitive Exams

Daily Current Affairs: 6 June, 2026

Q1. In its June 2026 Monetary Policy Update, what did the Monetary Policy Committee (MPC) decide regarding the policy repo rate under the liquidity adjustment facility (LAF)?

(a) Decreased by 25 basis points to 5.00 per cent

(b) Increased by 25 basis points to 5.50 per cent

(c) Kept unchanged at 5.25 per cent

(d) Kept unchanged at 5.50 per cent

(e) Decreased by 50 basis points to 4.75 per cent

Answer: c

Solution:

  • The Monetary Policy Committee (MPC) of the Reserve Bank of India held its 61st meeting from 3–5 June 2026 under the chairmanship of RBI Governor Sanjay Malhotra.
  • The MPC unanimously decided to keep the policy repo rate unchanged at 5.25%.
  • Accordingly:
    • Standing Deposit Facility (SDF) Rate: 5.00%
    • Marginal Standing Facility (MSF) Rate: 5.50%
    • Bank Rate: 5.50%
  • The MPC also decided to retain the “neutral” monetary policy stance.

GDP Growth Projection

  • The RBI has projected real GDP growth for 2026–27 at 6.6%.
  • Quarterly projections are:
    • Q1: 6.6%
    • Q2: 6.3%
    • Q3: 6.5%
    • Q4: 6.8%

Inflation Outlook

  • Headline CPI inflation increased to 3.5% in April 2026, mainly due to higher food inflation.
  • Retail fuel prices have risen since May 2026, which is expected to exert upward pressure on inflation in the coming months.
  • RBI has projected CPI inflation for 2026–27 at 5.1%.
  • Quarterly inflation projections are:
    • Q1: 4.2%
    • Q2: 5.1%
    • Q3: 5.9%
    • Q4: 5.4%

Q2. On World Environment Day 2026, the Ministry of Environment, Forest and Climate Change announced that India has officially touched a historic “century” of Ramsar sites. Which of the following ecologically vital wetlands has been formally recognized and added to the global directory as the 100th Ramsar Site in India?

(a) Deepor Beel

(b) Haiderpur Wetland

(c) Pala Wetland

(d) Jai Prakash Narayan Bird Sanctuary (Surha Tal)

(e) Thol Lake Wildlife Sanctuary

Answer: d

Solution:

  • The Jai Prakash Narayan Bird Sanctuary (Surha Tal) in Ballia district, Uttar Pradesh, has been designated as a Ramsar Site, recognizing it as a Wetland of International Importance.
  • With this recognition, the sanctuary has become India’s 100th Ramsar Site, marking a significant milestone in the country’s wetland conservation efforts.
  • Surha Tal is renowned for its rich avifaunal biodiversity and serves as an important habitat for numerous resident and migratory bird species.

Q3. In a massive boost to the vision of an ‘Aatma Nirbhar Bharat’, India’s first mass-market flex-fuel passenger vehicle—capable of running on any ethanol-petrol blend ranging from E20 up to E100—was officially launched. Which of the following major automotive companies has indigenously developed and manufactured this historic vehicle?

(a) Tata Motors Limited

(b) Mahindra & Mahindra Limited

(c) Maruti Suzuki India Limited

(d) Hyundai Motor India Limited

(e) Toyota Kirloskar Motor Private Limited

Answer: c

Solution:

  • Union Minister for Petroleum and Natural Gas Hardeep Singh Puri launched India’s first flex-fuel passenger vehicle, developed by Maruti Suzuki, in New Delhi on 4 June 2026.
  • The launch marks a significant step towards promoting cleaner and alternative fuels and advancing the vision of Aatmanirbhar Bharat (Self-Reliant India).
  • A flex-fuel vehicle is designed to operate on more than one type of fuel or a blend of fuels, such as petrol and ethanol, thereby reducing dependence on conventional fossil fuels.

Q4. The India–UK Critical Minerals Global Supply Chain Observatory (GSCO), launched in June 2026, relies on a unique inter-institutional partnership to monitor global supply chain risks. Which of the following combinations correctly identifies the academic and institutional bodies that jointly developed this platform?

(a) IIT Bombay, NITI Aayog, and Oxford University

(b) TEXMiN (IIT ISM Dhanbad) and the University of Cambridge

(c) IISc Bangalore, Ministry of Earth Sciences, and Imperial College London

(d) IIT Madras, Geological Survey of India, and London School of Economics

(e) NIT Rourkela, Mineral Exploration Corporation Limited, and University of Edinburgh

Answer: b

Solution:

  • The India–UK Critical Minerals Global Supply Chain Observatory (GSCO) was formally launched in New Delhi by G. Kishan Reddy and Yvette Cooper.
  • The launch marks a significant milestone in the growing partnership between India and United Kingdom on critical minerals and supply chain resilience.
  • The Observatory has been established to strengthen cooperation in securing critical mineral resources that are essential for clean energy transitions, advanced manufacturing, electric mobility, and emerging technologies.
  • The GSCO is a joint initiative of TEXMiN Foundation, Indian Institute of Technology (ISM) Dhanbad, and University of Cambridge.
  • The initiative aims to create a data-driven platform for monitoring, analysing, and understanding global critical mineral supply chains.
  • The Observatory will support research, policy formulation, and strategic decision-making by providing insights into supply-chain risks, resource availability, and emerging trends in critical minerals.
  • The initiative was first announced during the India–UK Prime Ministers’ bilateral engagement in October 2025.
  • It was subsequently formalized through a Research Collaboration Agreement signed in March 2026.
  • The launch reinforces India–UK cooperation in ensuring secure, resilient, and sustainable supply chains for critical minerals that are vital for future industrial growth and technological advancement.

Q5. In a significant step toward the internationalisation of higher education under the National Education Policy (NEP) 2020, the Ministry of Education in June 2026 handed over the final Letter of Approval (LoA) to the University of Liverpool, United Kingdom. Which of the following cities has been officially approved as the location for this premier institution’s branch campus?

(a) Hyderabad, Telangana

(b) Gandhinagar (GIFT City), Gujarat

(c) Bengaluru, Karnataka

(d) Noida, Uttar Pradesh

(e) Chennai, Tamil Nadu

Answer: c

Solution:

  • In a major step towards the internationalisation of higher education under the National Education Policy (NEP) 2020, the Ministry of Education has handed over a Letter of Approval (LoA) to the University of Liverpool to establish its branch campus in Bengaluru, Karnataka.
  • The University of Liverpool had earlier received a Letter of Intent (LoI) on 26 May 2025 in New Delhi under the UGC (Setting Up and Operation of Campuses of Foreign Higher Educational Institutions in India) Regulations, 2023.
  • Over the past year, the university completed the necessary academic, infrastructure, and regulatory requirements prescribed under the UGC framework.
  • Following an assessment of its preparedness and compliance with regulatory provisions, the University Grants Commission granted the university the Letter of Approval (LoA) to commence operations in India.

Q6. In June 2026, India successfully executed its first-ever sea consignment of botanical-infused ready-to-cook millet functional foods. Which of the following combinations correctly identifies the Indian state of origin and the international destination country for this historic shipment?

(a) Tamil Nadu; Australia

(b) Odisha; Japan

(c) Maharashtra; United States

(d) Andhra Pradesh; United Kingdom

(e) Karnataka; New Zealand

Answer: e

Solution:

  • In a major boost to India’s agri-food exports, the Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the first-ever sea shipment of botanical-infused ready-to-cook millet functional foods from Karnataka to New Zealand on 3 June 2026.
  • The export consignment consisted of one metric tonne of value-added millet-based products.
  • The shipment was exported by Infini Agrotek LLP, based in Bengaluru.
  • The milestone highlights the growing international demand for innovative and health-focused millet products developed from India’s traditional grains.
  • The exported products are botanical-infused, ready-to-cook functional foods, reflecting the increasing global preference for nutritious, sustainable, and value-added food products.
  • The initiative demonstrates the success of India’s efforts to promote millets as a global superfood and strengthen their presence in international markets.

Q7. Dr. Subhash C. Kashyap, who passed away in June 2026, was a towering legal luminary who served in a top parliamentary administrative office. During which of the following time blocks did he hold the office of the Secretary General of the Lok Sabha?

(a) 1983 to 1990

(b) 1975 to 1980

(c) 1991 to 1996

(d) 1998 to 2004

(e) 2005 to 2012

Answer: a

Solution:

  • Former Lok Sabha Secretary General, renowned constitutional expert, and distinguished scholar Subhash C. Kashyap passed away in New Delhi on 4 June 2026 after a prolonged illness. He was 97 years old.
  • Dr. Kashyap served as the Secretary General of the Lok Sabha from 1983 to 1990 and was widely regarded as one of India’s foremost authorities on constitutional law and parliamentary affairs.
  • He was a member of the high-level committee headed by former President Ram Nath Kovind, which was tasked with preparing a legal framework for simultaneous elections in India.
  • A prolific author, Dr. Kashyap wrote more than 100 books on constitutional law, governance, parliamentary democracy, and political institutions.
  • His notable works, including Our Constitution: An Introduction to India’s Constitution and Constitutional Law and Constitution of India: A Handbook for Students, remain popular among students of law, political science, and civil services aspirants.
  • During the tenure of Prime Minister Atal Bihari Vajpayee, he served as a prominent member of the National Commission to Review the Working of the Constitution and chaired its Drafting and Editorial Committee.
  • Dr. Kashyap also served as the Honorary Constitutional Advisor to the Government of India on Panchayati Raj Laws and Institutions, contributing significantly to the strengthening of local self-governance in India.
  • In recognition of his immense contribution to public affairs, constitutional studies, and parliamentary democracy, he was awarded the Padma Bhushan in 2015 by then President Pranab Mukherjee.

Q8. World Environment Day is celebrated globally on 5 June as the largest outreach platform for environmental protection. Which country has been designated by the United Nations Environment Programme (UNEP) to host the main international celebrations for World Environment Day 2026?

(a) Republic of Korea

(b) Republic of Azerbaijan

(c) Kingdom of Saudi Arabia

(d) Federative Republic of Brazil

(e) Republic of South Africa

Answer: b

Solution:

  • World Environment Day is observed globally on 5 June every year to raise awareness and encourage action for the protection of the environment.
  • The day has been celebrated annually since 1973 under the leadership of the United Nations Environment Programme.
  • World Environment Day serves as the largest global platform for environmental outreach, engaging millions of people, governments, businesses, and communities worldwide in efforts to protect nature and promote sustainable development.
  • The observance aims to inspire individuals and organizations to take positive environmental actions to safeguard natural resources, biodiversity, and the planet for future generations.
  • The official theme for World Environment Day 2026 is “Inspired by Nature. For Climate. For Our Future.”
  • The theme highlights the importance of nature-based solutions in addressing climate change, conserving ecosystems, and building a sustainable future.
  • In 2026, Azerbaijan is the host country for World Environment Day.
  • The day encourages global efforts towards environmental conservation, climate action, pollution reduction, sustainable consumption, and the protection of ecosystems.

Q9. In June 2026, the Appointments Committee of the Cabinet (ACC) approved a high-profile executive extension for a key bureaucrat in the Prime Minister’s Office (PMO). Which of the following individuals has been granted an extension to continue as Advisor to Prime Minister Narendra Modi?

(a) Shri Amit Khare

(b) Shri Tarun Kapoor

(c) Shri P.K. Mishra

(d) Shri T.V. Somanathan

(e) Shri Rajiv Gauba

Answer: b

Solution:

  • The Appointments Committee of the Cabinet (ACC) has approved a one-year extension for Tarun Kapoor as Advisor to Prime Minister Narendra Modi.
  • Tarun Kapoor is a retired 1987-batch IAS officer.
  • The extension will take effect from 10 June 2026 and will be valid for a further period of one year.
  • The decision was communicated by the Department of Personnel and Training (DoPT).
  • Kapoor was initially appointed as Advisor to the Prime Minister in June 2024.
  • With the latest approval, he will continue to serve in the Prime Minister’s Office (PMO), providing policy and administrative guidance on key government initiatives

Q10. In June 2026, the Appointments Committee of the Cabinet (ACC) finalized a prestigious global posting by selecting a new Executive Director to represent India’s constituency at the World Bank Headquarters in Washington, DC. Who among the following individuals has been appointed to this post?

(a) Shri Raghuram Rajan

(b) Shri Urjit Patel

(c) Shri Neelkanth Mishra

(d) Shri Parameswaran Iyer

(e) Shri KV Kamath

Answer: c

Solution:

  • The Appointments Committee of the Cabinet (ACC) has approved the appointment of Neelkanth Mishra as Executive Director at the World Bank Headquarters in Washington, D.C..
  • He has been appointed for a tenure of three years.
  • The appointment is part of India’s representation at the World Bank, one of the world’s leading multilateral development institutions.
  • The Department of Personnel and Training (DoPT) informed that the tenure of Parameswaran Iyer has been extended until the new incumbent formally assumes charge.
  • The ACC has approved the continuation of Parameswaran Iyer’s tenure beyond 19 June 2026 to ensure a smooth transition and continuity of India’s representation at the World Bank.
  • Iyer will continue in the position until Neelkanth Mishra takes over his responsibilities at the World Bank Headquarters in the United States.

Daily Current Affairs Quiz 6th June 2026 for Banking & Competitive Exams – Home_3.1

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