Current affairs 24.03.2026

CategoryTopicDetailed Description
🌍 InternationalMiddle East Conflict EscalationThe conflict between Iran, Israel, and the US has intensified, with missile strikes and air attacks reported across Iraq, Lebanon, and Israel. This has disrupted global oil supply routes, especially the Strait of Hormuz, which carries a major share of world oil. Countries like Japan and South Korea are releasing oil reserves to manage shortages.
🌍 InternationalPakistan Offers Peace TalksPakistan has offered to mediate peace talks between Iran and the US. Prime Minister Shehbaz Sharif stated readiness for negotiations to reduce tensions. Meanwhile, diplomatic efforts continue globally to prevent further escalation.
🇮🇳 India (Polity)PM Modi on Global Conflict ImpactPrime Minister Narendra Modi addressed Parliament, stating that the West Asia conflict is creating “unprecedented challenges” for India. He emphasized protection of trade routes, energy security, and condemnation of attacks on civilians and infrastructure.
🇮🇳 India (Economy)India Growth Forecast CutGoldman Sachs reduced India’s GDP growth forecast for 2026 to 5.9% due to rising oil prices and global instability. Inflation is expected to rise to 4.6%, and the RBI may increase interest rates to stabilize the rupee.
🇮🇳 India (Energy)Power Demand & Coal StrategyIndia is preparing for extreme summer demand (expected peak: 270 GW). Government directed coal plants to run at full capacity to avoid blackouts. Coal still contributes around 75% of electricity, but long-term plans aim to reduce it below 50% by 2035.
🇮🇳 India (Aviation)Flight Disruptions Due to ConflictIndiGo warned of possible flight disruptions between UAE and India due to regional tensions. However, Air India and Air India Express are continuing operations with scheduled flights.
🌍 Economy (Global)Oil Price Surge ImpactDue to the Middle East crisis, crude oil prices surged above $100/barrel. This affects global inflation, trade balance, and increases fiscal pressure on oil-importing countries like India.
🌍 Science & TechAadhaar App Pre-install DebateThe Indian government’s proposal to pre-install Aadhaar-based apps on smartphones is facing resistance from tech companies due to privacy and technical concerns.
đź“… Important DayPanchang & Cultural ContextMarch 24, 2026 corresponds to Shukla Paksha Shashthi and Rohini Nakshatra. Panchang provides auspicious timings (muhurat), Rahu Kalam, and other cultural details used in daily life.
🌡️ EnvironmentEnergy Crisis & Climate PressureThe global energy crisis highlights dependence on fossil fuels. India is accelerating renewable energy expansion (solar, wind, battery storage) to ensure long-term energy security.

MCQ’s

Q.NoQuestionOptionsAnswerExplanation
1Strait of Hormuz connects which two water bodies?A) Red Sea–Arabian Sea B) Persian Gulf–Arabian Sea C) Mediterranean–Black Sea D) Bay of Bengal–Indian OceanBIt connects the Persian Gulf with the Arabian Sea and is crucial for oil transport.
2Which countries are mainly involved in the recent Middle East conflict?A) China, Russia B) Iran, Israel, USA C) India, Pakistan D) UK, FranceBConflict escalation involves Iran, Israel, and the US.
3Peak electricity demand expected in India (2026)?A) 200 GW B) 230 GW C) 270 GW D) 300 GWCGovt projected demand to touch 270 GW in summer.
4Coal contributes approximately what % of India’s electricity?A) 50% B) 60% C) 75% D) 90%CCoal remains dominant at around 75%.
5India’s GDP forecast for 2026 (Goldman Sachs)?A) 6.5% B) 6.2% C) 5.9% D) 7%CReduced due to global instability.
6Expected inflation rate in India (2026)?A) 3.5% B) 4.6% C) 5.5% D) 6%BInflation likely to rise due to oil prices.
7Which organization controls monetary policy in India?A) SEBI B) RBI C) NABARD D) Finance MinistryBRBI handles repo rate and inflation control.
8Repo rate hike generally leads to?A) Increased borrowing B) Reduced inflation C) Currency depreciation D) Increased liquidityBHigher rates reduce inflation.
9Which country offered to mediate peace talks?A) India B) China C) Pakistan D) TurkeyCPakistan offered mediation.
10India is heavily dependent on imports of which resource?A) Coal B) Oil C) Gas D) UraniumBIndia imports most of its crude oil.
11Oil prices crossed what level recently?A) $80 B) $90 C) $100 D) $120COil surged above $100/barrel.
12Which strait is a global oil chokepoint?A) Malacca B) Hormuz C) Gibraltar D) BeringBHormuz handles major oil shipments.
13Aadhaar is related to which field?A) Banking B) Identification C) Education D) DefenceBAadhaar is a unique ID system.
14Aadhaar is issued by?A) RBI B) UIDAI C) SEBI D) TRAIBUIDAI manages Aadhaar.
15Which airline warned of disruptions?A) Air India B) SpiceJet C) IndiGo D) VistaraCIndiGo issued warning.
16India’s energy strategy focuses on?A) Oil only B) Coal only C) Renewable expansion D) Nuclear onlyCRenewable energy is a priority.
17Which countries released oil reserves?A) India, China B) Japan, South Korea C) USA, UK D) Russia, ChinaBTo stabilize supply.
18West Asia crisis impacts India mainly through?A) Tourism B) Trade & oil C) Education D) AgricultureBOil imports & trade routes affected.
19Which PM addressed Parliament?A) Manmohan Singh B) Narendra Modi C) Vajpayee D) Rajiv GandhiBPM Modi spoke on crisis.
20RBI may increase which rate?A) CRR B) Repo rate C) SLR D) Reverse repoBTo control inflation.
21Which sector faces summer pressure?A) IT B) Power C) Textile D) BankingBHigh electricity demand expected.
22Coal plants asked to run at?A) Half capacity B) Idle C) Full capacity D) SeasonalCGovt directive.
23Inflation rise mainly due to?A) Agriculture B) Oil prices C) Exports D) ImportsBFuel affects prices widely.
24India aims to reduce coal usage below what by 2035?A) 60% B) 55% C) 50% D) 40%CTarget to cut dependency.
25Rohini Nakshatra belongs to?A) Panchang B) Economy C) Polity D) ScienceAIt is part of Hindu calendar.
26Shukla Paksha refers to?A) Full moon phase B) Dark phase C) Bright lunar phase D) EclipseCWaxing phase of moon.
27Which app issue raised privacy concerns?A) DigiLocker B) Aadhaar app C) UPI app D) BHIMBPre-installation debate.
28Energy crisis highlights?A) IT growth B) Fossil dependence C) Agriculture growth D) TourismBOver-dependence exposed.
29India imports oil mainly from?A) Europe B) Middle East C) USA D) AfricaBMiddle East is key supplier.
30Aviation disruptions due to?A) Weather B) Strike C) Conflict D) PandemicCRegional tensions.
31Which fuel dominates electricity?A) Gas B) Oil C) Coal D) SolarCCoal dominates.
32Inflation affects?A) Only rich B) Only poor C) Entire economy D) Govt onlyCImpacts all sectors.
33GDP measures?A) Population B) Growth C) Economic output D) InflationCTotal output of economy.
34Currency pressure leads to?A) Appreciation B) Depreciation C) Stability D) NoneBWeak rupee likely.
35Oil price rise affects?A) Only transport B) Entire economy C) Only exports D) Only importsBImpacts all sectors.
36Which body regulates aviation in India?A) RBI B) DGCA C) SEBI D) UIDAIBDGCA regulates aviation.
37Renewable energy includes?A) Coal B) Oil C) Solar D) GasCSolar is renewable.
38Energy security means?A) Cheap energy B) Stable supply C) Free energy D) Export energyBReliable supply.
39Fiscal pressure means?A) Govt income rise B) Govt spending burden C) Inflation fall D) Trade surplusBBudget stress.
40Trade routes are important for?A) Tourism B) Imports/Exports C) Defence D) EducationBEssential for commerce.
41Global instability impacts?A) Only politics B) Only economy C) Both D) NoneCBoth affected.
42Oil reserves release helps?A) Increase price B) Stabilize supply C) Reduce imports D) Increase exportsBMaintains supply.
43Which sector uses most electricity?A) Agriculture B) Industry C) Domestic D) ITBIndustrial demand high.
44Climate change linked with?A) Renewable energy B) Fossil fuels C) Education D) BankingBFossil fuels cause emissions.
45Solar energy is?A) Non-renewable B) Renewable C) Fossil D) NuclearBClean energy.
46Oil importing country faces?A) Benefit B) Loss C) No change D) GrowthBTrade deficit rises.
47CAD stands for?A) Current Account Deficit B) Capital Account Data C) Currency Account Deficit D) NoneAEconomic indicator.
48Which ministry handles energy?A) Finance B) Power C) Defence D) ITBMinistry of Power.
49Inflation controlled by?A) Govt only B) RBI only C) Both D) NoneCBoth fiscal & monetary tools.
50Strategic reserves are used for?A) Export B) Emergency supply C) Trade D) TaxBUsed during crises.

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