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Daily Current Affairs Prelims Quiz 02-06- 2026

Q1) With reference to the MSCI Emerging Markets (EM) Index, consider the following statements:

  1. It tracks large and mid?cap companies across 24 emerging economies.
  2. India’s weight in the index has declined from 21% in 2024 to 12% in 2026.
  3. Individual investors can directly buy shares of the MSCI EM Index.

Which of the above are correct?

  • a. 
  • b. 
  • c. 
  • d. 
Answer : a

Answer: a

Explanation: MSCI EM Index covers 24 countries and India’s weight fell sharply from 21% (2024) to 11.94% (2026). Investors cannot buy the index directly; exposure is via ETFs or mutual funds.

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Q2) PM SVANidhi scheme, recently completing six years, is correctly described by which of the following?

  • a. 
  • b. 
  • c. 
  • d. 
Answer : b

Answer: b

Explanation: PM SVANidhi is a Central Sector Scheme under MoHUA & DFS. It provides collateral?free loans, UPI?linked RuPay cards, digital cashback incentives, and links beneficiaries to welfare schemes.

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Q3) The Immigration and Foreigners Act, 2025 empowers the Government to:

  1. Establish a Bureau of Immigration to regulate entry, stay, and movement of foreigners.
  2. Mandate registration of all foreigners within 14 days of arrival, regardless of visa duration.
  3. Authorize police officers of Head Constable rank or above to arrest offenders without warrant.

Which of the above are correct?

  • a. 
  • b. 
  • c. 
  • d. 
Answer : c

Answer: c

Explanation: The Act establishes a Bureau of Immigration (1) and authorizes warrantless arrest by Head Constables or above (3). Registration rules were relaxed — foreigners with visas ≤180 days need register only if staying beyond that period, so statement 2 is incorrect.

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Q4) With reference to the formation of Telangana, consider the following statements:

  1. Telangana became India’s 29th State on 2 June 2014, carved out of Andhra Pradesh.
  2. It was created through a constitutional amendment under Article 368.
  3. Hyderabad was designated as the joint capital of Telangana and Andhra Pradesh for 10 years.

Which of the above are correct?

  • a. 
  • b. 
  • c. 
  • d. 
Answer : c

Answer: c

Explanation: Telangana attained statehood on 2 June 2014, becoming India’s 29th State (1). It was created by Parliamentary legislation — Andhra Pradesh Reorganisation Act, 2014 — under Article 3, not by constitutional amendment under Article 368 (so 2 is incorrect). Hyderabad was the joint capital for 10 years, now sole capital of Telangana.

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Q5. Case Study Type 

A Victim of an Organized trafficking ring was rescued in one of the North Indian states,
but investigations reveal that the victim belong to a Neighbouring South Asian Country. To
Ensure her safe repatriation & to share intel with the law enforcement authorities of the
victim’s mother country, the Ministry of External Affairs invokes a regional treaty.

Which regional treaty fosters cross – border law enforcement cooperation,victim
repatriation & Join task Forces for Tackling cross border trafficking across south Asia?

  • a. 
  • b. 
  • c. 
  • d. 
Answer : c

Answer: C) The SAARC Convention on Trafficking

Explanation:
Option C is correct: The SAARC Convention on Preventing and Combating Trafficking
in Women and Children for Prostitution is the specific regional agreement that
fosters cross-border law enforcement cooperation, victim repatriation, and joint task
forces across South Asia.
Option B is incorrect: The Palermo Protocol is global, not specific to South Asia.

 Option A is incorrect: ILO conventions target the economic drivers of trafficking
(forced labor) globally.
 Option D is incorrect: The UNCRC focuses broadly on children's rights.

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