3 august 2026

Q1- India is hosting the Heads of National Statistical Offices (NSOs) Meeting under which grouping in 2026?
A- G20
B- SAARC
C- BRICS
D- BIMSTEC
Answer: BRICS
Q2- The proposed Kulsi River Dam project, recently in the news, is located between:
A- Assam and Arunachal Pradesh
B- Assam and Meghalaya
C- Sikkim and West Bengal
D- Odisha and Chhattisgarh
Answer: B) Assam and Meghalaya
Q3- Which organization deferred the inclusion of Indian Government Bonds in its Global Aggregate Index?
A- MSCI
B- FTSE Russell
C- Bloomberg Index Services
D- S&P Global
Answer: C) Bloomberg Index Services
Q4- The Reserve Bank of India (RBI) is widely expected to:
A- Increase the repo rate immediately
B- Reduce the repo rate sharply
C- Keep policy rates unchanged
D- Withdraw the banking licence of public banks
Answer: C) Keep policy rates unchanged
Q5- Gold prices remained firm during the week of 3 August 2026 mainly because of:
A- Higher agricultural production
B- Rising geopolitical tensions
C- Strong monsoon rainfall
D- Fall in crude oil prices
Answer: B) Rising geopolitical tensions
Q6- According to the IMD, which of the following states was among those placed under a heavy rainfall alert?
A- Kerala
B- Bihar
C- Delhi
D- All of the above
Answer: D) All of the above
Q7- Which issue related to youth received attention in recent reports from Assam?
A- Cyber security awareness
B- Rising youth suicide cases
C- Increase in sports participation
D- Decline in literacy rate
Answer: B) Rising youth suicide cases
Q8- The main objective of the BRICS Statistical Meeting hosted by India is to:
A- Launch a common currency
B- Promote quality statistics for sustainable development
C- Establish a new development bank
D- Form a military alliance
Answer: B) Promote quality statistics for sustainable development
Q9- Why has Artificial Intelligence (AI) been in the news recently?
A- AI reduced internet speed globally
B- AI raised concerns over technological unemployment
C- AI replaced satellites
D- AI ended cryptocurrency trading
Answer: B) AI raised concerns over technological unemployment
Q10- Investors are closely watching which upcoming event in India during the first week of August 2026?
A- General Elections
B- RBI Monetary Policy Decision
C- Census Release
D- Union Budget Presentation
Answer: B) RBI Monetary Policy Decision