03 March 2026 Current Affairs MCQ – Top 10 Questions with Detailed Answers for SSC, UPSC & Banking Exams | CareerFocusNow

Current Affairs MCQ – 03 March 2026 | Top 10 Questions

Top 10 Current Affairs MCQ questions of 03 March 2026. All questions are provided with 4 options, correct answers, and detailed explanations. This post is highly useful for SSC, UPSC, Banking, Railway, Police, Defence, and State level competitive exams.

Current Affairs MCQ – 03 March 2026 (English)

Q1. On 02 March 2026, RBI announced the expansion of the Digital Rupee pilot with which bank?

A. PNB
B. Bank of Baroda
C. SBI ✅
D. Canara Bank

Answer: SBI

Explanation: On 02 March 2026, the Reserve Bank of India expanded the retail Digital Rupee (CBDC) pilot and included SBI as a key participating bank. This move aims to strengthen digital payments and promote a cashless economy.
Reserve Bank of India (RBI)
Established: 1 April 1935
Headquarters: Mumbai
Current Governor: Shaktikanta Das
State Bank of India
Established: 1 July 1955
Headquarters: Mumbai
Current Chairman: Dinesh Kumar Khara

Q2. On 03 March 2026, India held new defence cooperation talks with which country?

A. Japan
B. France ✅
C. China
D. Brazil

Answer: France

Explanation: On 03 March 2026, India and France conducted high-level defence talks focusing on advanced defence technology and maritime security cooperation, strengthening strategic ties in the Indo-Pacific region.
France
Capital: Paris
Current President: Emmanuel Macron
Prime Minister: Gabriel Attal
India
Capital: New Delhi
Current Prime Minister: Narendra Modi

Q3. Recently, which state government launched the ‘Chief Minister Youth Startup Scheme 2026’?

A. Uttar Pradesh
B. Madhya Pradesh ✅
C. Bihar
D. Haryana

Answer: Madhya Pradesh

Explanation: On 02 March 2026, the Government of Madhya Pradesh launched a new startup scheme to promote self-employment and innovation among youth.
Madhya Pradesh
Formation Day: 1 November 1956
Capital: Bhopal
Current Chief Minister: Mohan Yadav

Q4. The ‘Global Development Report’ released on 03 March 2026 was published by which organization?

A. WHO
B. IMF
C. World Bank ✅
D. WTO

Answer: World Bank

Explanation: On 03 March 2026, the World Bank released its Global Development Report analyzing growth trends in emerging economies.
World Bank
Established: 1944
Headquarters: Washington, D.C.
Current President: Ajay Banga

Q5. On 02 March 2026, ISRO announced the successful testing phase of which mission?

A. Gaganyaan ✅
B. Chandrayaan-4
C. Aditya-L2
D. NISAR

Answer: Gaganyaan

Explanation: On 02 March 2026, ISRO confirmed the success of a crucial testing phase related to India’s human spaceflight mission, Gaganyaan.
ISRO
Established: 15 August 1969
Headquarters: Bengaluru
Current Chairman: S. Somanath

Q6. Which state implemented a new ‘Green Energy Policy’ on 03 March 2026?

A. Gujarat
B. Rajasthan
C. Tamil Nadu ✅
D. Punjab

Answer: Tamil Nadu

Explanation: On 03 March 2026, Tamil Nadu introduced a new Green Energy Policy to boost renewable energy investments.
Tamil Nadu
Formation Day: 1 November 1956
Capital: Chennai
Current Chief Minister: M. K. Stalin

Q7. Which bank launched the ‘Agri Digital Loan Platform’ on 02 March 2026?

A. NABARD
B. HDFC Bank
C. SBI
D. Bank of Baroda ✅

Answer: Bank of Baroda

Explanation: On 02 March 2026, Bank of Baroda launched a digital loan platform for farmers to ensure faster and more transparent agricultural credit processing.
Bank of Baroda
Established: 20 July 1908
Headquarters: Vadodara
Current MD & CEO: Debadatta Chand

Q8. On 03 March 2026, which country announced a new National Education Policy?

A. Sri Lanka
B. Nepal
C. Bangladesh ✅
D. Bhutan

Answer: Bangladesh

Explanation: On 03 March 2026, Bangladesh introduced a new National Education Policy aimed at improving its education system.
Bangladesh
Capital: Dhaka
Current Prime Minister: Sheikh Hasina
Current President: Mohammed Shahabuddin

Q9. The main National Science Day event held on 02 March 2026 was organized in which city?

A. New Delhi ✅
B. Mumbai
C. Kolkata
D. Hyderabad

Answer: New Delhi

Explanation: National Science Day is observed on 28 February every year, and the main event related to the 2026 celebrations was organized in New Delhi on 02 March 2026.
India
Capital: New Delhi
Current Prime Minister: Narendra Modi

Q10. On 03 March 2026, which international organization released a new climate change warning report?

A. FAO
B. WHO
C. UNEP ✅
D. ILO

Answer: UNEP

Explanation: On 03 March 2026, the United Nations Environment Programme (UNEP) released a new report highlighting urgent measures required to reduce carbon emissions and combat climate change.
UNEP
Established: 1972
Headquarters: Nairobi, Kenya
Current Executive Director: Inger Andersen

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