Daily Current Affairs - 2026-02-01
Q1What was the primary sentiment expressed by Tamil Nadu Chief Minister M.K. Stalin regarding the Union Budget 2026-27 concerning the state's interests?Options
AHighly satisfied with the allocationsBMostly neutral, with no strong opinionsCDisappointed, citing neglect of the state's demandsDPraised for significant new projects for Tamil Nadu
Options
Correct answer
Disappointed, citing neglect of the state's demands
Explanation
Tamil Nadu Chief Minister M.K. Stalin expressed strong disappointment with the Union Budget 2026-27, stating that it fell short of attractive announcements for the state and completely ignored its interests and demands.
Q2The Union Budget 2026-27 proposed two new High-Speed Rail corridors for which major Tamil Nadu city?Options
ACoimbatoreBMaduraiCChennaiDTiruchirappalli
Options
Correct answer
Chennai
Explanation
The Union Budget 2026-27 announced two new High-Speed Rail corridors for Chennai, aiming to enhance connectivity.
Q3Auroville, an experimental township near Tamil Nadu, is set to augment its drinking water supply with technology from which country?Options
AUnited StatesBJapanCGermanyDFrance
Options
Correct answer
Germany
Explanation
Auroville will use German technology to enhance its drinking water supply, as reported in the news.
Q4The Union Budget 2026-27 proposed 'Bharat-VISTAAR', a multilingual AI tool. What is its primary objective?Options
APromote digital literacy in rural areasBEnhance farm productivity, improve farmer decision-making, and reduce risk through customized advisory supportCImprove urban infrastructure and sanitationDBoost space research and satellite development
Options
Correct answer
Enhance farm productivity, improve farmer decision-making, and reduce risk through customized advisory support
Explanation
'Bharat-VISTAAR' is proposed as a multilingual AI tool to enhance farm productivity, improve farmer decision-making, and reduce risk through customized advisory support.
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Q5What was the general trend in the allocation for the Department of Space/ISRO in the Union Budget 2026-27?Options
ASignificant decrease in fundingBModest increase in allocationCFunding remained unchanged from previous yearDDrastic cut to the space budget
Options
Correct answer
Modest increase in allocation
Explanation
The Union Budget 2026-27 showed a modest hike or increase (around 2% or ₹290 crore) in the allocation for the Department of Space and ISRO.
Q6The Union Budget 2026-27 announced the launch of a mission to transform the sports sector. What is this mission called?Options
AFit India MovementBSports India InitiativeCKhelo India MissionDYouth Sports Development
Options
Correct answer
Khelo India Mission
Explanation
The Union Budget 2026-27 announced the launch of the Khelo India Mission to transform the sports sector, with ₹500 crore allocated for the promotion of sports goods manufacturing.
Q7Which mission, focused on developing a robust semiconductor ecosystem in India, was announced to be launched in the Union Budget 2026-27?Options
ADigital India MissionBMake in India InitiativeCIndia Semiconductor Mission (ISM) 2.0DSkill India Mission
Options
Correct answer
India Semiconductor Mission (ISM) 2.0
Explanation
The Union Budget 2026-27 announced the launch of the India Semiconductor Mission (ISM) 2.0, laying a strong foundation for the semiconductor ecosystem.
Q8What was the trend in allocation for electric mobility schemes in the Union Budget 2026-27?Options
ASubstantial increaseBRecord highCNotable declinesDRemained stable
Options
Correct answer
Notable declines
Explanation
The allocation for electric mobility schemes recorded notable declines in the Union Budget 2026-27.
Q9The Union Budget 2026-27 proposed integrated development of 500 reservoirs and Amrit Sarovars to strengthen which sector's value chain?Options
ATourism sectorBIndustrial manufacturingCCoastal fisheriesDRenewable energy
Options
Correct answer
Coastal fisheries
Explanation
Integrated development of 500 reservoirs and Amrit Sarovars was proposed in the Union Budget 2026-27 specifically to strengthen the Coastal Fisheries Value Chain.
Q10What initiatives were highlighted in the Union Budget 2026-27 to boost animal husbandry and provide veterinary services?Options
AOnly research grants for new breeds of livestockBExpansion of veterinary infrastructure, mobile vet units, and doorstep servicesCImport of foreign livestock for genetic improvementDReduction in animal feed subsidies
Options
Correct answer
Expansion of veterinary infrastructure, mobile vet units, and doorstep services
Explanation
The Union Budget 2026-27 highlighted the expansion of veterinary infrastructure, mobile vet units, and doorstep services to boost animal husbandry.
Q11What was a significant concern raised by CM M.K. Stalin regarding the Union Budget 2026-27's approach to state finances?Options
AAn increase in central aid to statesBA decrease in the state's borrowing limitCStates' share in central taxes remaining unchangedDNew grants for specific state projects
Options
Correct answer
States' share in central taxes remaining unchanged
Explanation
CM M.K. Stalin expressed disappointment that states' share in central taxes remained unchanged in the Union Budget 2026-27, which he viewed as pushing welfare responsibilities towards the states without adequate financial support.
Q12The Union Budget 2026-27 proposed incentives of ₹100 crore for which specific activity by municipal corporations?Options
ABuilding new flyovers and underpassesBIssuance of single bonds to raise capitalCImplementing large-scale waste management projectsDPromoting tourism and cultural events
Options
Correct answer
Issuance of single bonds to raise capital
Explanation
Finance Minister Sitharaman proposed incentives of ₹100 crore for single bond issuance by municipal corporations in the Union Budget 2026-27.
Q13The Union Budget 2026-27 announced the establishment of community-owned "SHE Marts." What is their primary purpose?Options
ATo sell agricultural produce directly to consumersBTo support women Self-Help Group (SHG) entrepreneursCTo provide affordable housing solutions in urban areasDTo offer healthcare services in remote villages
Options
Correct answer
To support women Self-Help Group (SHG) entrepreneurs
Explanation
Sitharaman announced in the Union Budget 2026-27 that community-owned SHE Marts would be set up for women Self-Help Group (SHG) entrepreneurs.
Q14The Union Budget 2026-27 proposed the establishment of three new parks for which industry?Options
ATextile IndustryBSoftware IndustryCChemical IndustryDAutomobile Industry
Options
Correct answer
Chemical Industry
Explanation
The Union Budget 2026-27 proposed the establishment of three new Chemical Parks.
Q15What was the approximate percentage increase in allocation for the Ministry of Health and Family Welfare in the Union Budget 2026-27 compared to the revised estimates of FY 2025-26?Options
A2%B5%C9%D15%
Options
Correct answer
9%
Explanation
The Ministry of Health and Family Welfare saw an 8.96% rise in allocation in the Union Budget 2026-27, which is approximately 9%.
Q16The Union Budget 2026-27 announced "Biopharma Shakti" to establish India as a global hub for which sector?Options
ASoftware developmentBRenewable energyCBiomanufacturingDSpace tourism
Options
Correct answer
Biomanufacturing
Explanation
"Biopharma Shakti" was announced in the Union Budget 2026-27 to catalyse India's global role in the next industrial revolution and establish it as a global biomanufacturing hub.
Q17The Union Budget 2026-27 proposed the establishment of the 'East Coast Industrial Corridor' and the development of 5 tourism destinations in which group of states?Options
AHimalayan StatesBSouthern StatesCWestern StatesDPurvodaya States
Options
Correct answer
Purvodaya States
Explanation
FM Sitharaman announced the 'East Coast Industrial Corridor' and 5 tourism destinations in 'Purvodaya' States (eastern states) in the Union Budget 2026-27.
Q18What concern was raised by the Southern Districts Farmers' Association regarding the Union Budget 2026-27?Options
AIncreased subsidies for farmersBNeglect of the farming sectorCNew irrigation projects announcedDSupport for organic farming initiatives
Options
Correct answer
Neglect of the farming sector
Explanation
The Southern Districts Farmers' Association stated that the Union Budget 2026-27 has neglected the farming sector.
Q19What infrastructure initiative was proposed by the government in the Union Budget 2026-27 to boost Medical Value Tourism?Options
AWellness RetreatsBAyush HospitalsCRegional Medical HubsDSpecialized Trauma Centers
Options
Correct answer
Regional Medical Hubs
Explanation
The government proposed to establish Regional Medical Hubs to boost Medical Value Tourism in the Union Budget 2026-27.
Q20What was one of the changes announced in the Union Budget 2026-27 related to income tax filings?Options
AIntroduction of new tax slabsBElimination of all tax exemptionsCExtension of the deadline for filing revised ITRsDMandatory digital tax payments for all citizens
Options
Correct answer
Extension of the deadline for filing revised ITRs
Explanation
The Union Budget 2026-27 announced an extension of the deadline for filing revised Income Tax Returns (ITRs).
Q21The Union Budget 2026-27 announced a significant scheme with an allocation of ₹20,000 crore for which environmental technology?Options
ASolar energy developmentBWater purification projectsCCarbon capture and utilisationDWaste-to-energy conversion
Options
Correct answer
Carbon capture and utilisation
Explanation
FM Sitharaman announced a ₹20,000-crore carbon capture and utilisation scheme in the Union Budget 2026-27.
Q22What was the approximate percentage increase in allocation for the AYUSH Ministry in the Union Budget 2026-27?Options
A5%B10%C20%D30%
Options
Correct answer
20%
Explanation
The allocation to the AYUSH Ministry saw a 20% rise in the Union Budget 2026-27.
Q23The Union Budget 2026-27 allocated a record capital expenditure (CapEx) for Indian Railways, with a prime focus on which areas?Options
ARailway museum developmentBStaff welfare and housingCHigh-speed connectivity, strengthening freight, and safetyDTicket price reduction for passengers
Options
Correct answer
High-speed connectivity, strengthening freight, and safety
Explanation
The Indian Railways received a record CapEx of ₹2.93 Lakh Crore in the Union Budget 2026-27, with high-speed connectivity, strengthening freight, and safety being the prime focus.
Q24The Union Budget 2026-27 proposed an income tax exemption for awards given by which specific tribunal?Options
AConsumer Disputes Redressal TribunalBNational Green TribunalCMotor Accident Claims TribunalDCentral Administrative Tribunal
Options
Correct answer
Motor Accident Claims Tribunal
Explanation
The FM proposed to exempt awards given by the Motor Accident Claims Tribunal from income tax in the Union Budget 2026-27.
Q25Which specific type of cultivation received a boost in the Union Budget 2026-27?Options
ACotton cultivationBSugarcane cultivationCSandalwood cultivationDCoffee cultivation
Options
Correct answer
Sandalwood cultivation
Explanation
The Union Budget 2026-27 gave a boost to sandalwood cultivation, as mentioned in the articles related to agriculture.