Current Affairs MCQ – 4 March 2026 | Top 10 Questions
Top 10 Current Affairs MCQ questions for 4 March 2026. Each question includes 4 options, correct answer and detailed explanation. Highly useful for SSC, UPSC, Banking, Railway, Police, Defence and State Exams.
Current Affairs MCQ – 4 March 2026 (English)
Q1. In March 2026, RBI imposed a penalty on which bank for violation of digital banking norms?
A. HDFC Bank
B. SBI
C. Bank of Baroda ✅
D. PNB
Answer: Bank of Baroda
Explanation: In March 2026, RBI imposed a penalty on Bank of Baroda for non-compliance with digital banking security guidelines.
Reserve Bank of India (RBI)
Established: 1 April 1935
Headquarters: Mumbai
Current Governor: Shaktikanta Das
Bank of Baroda
Established: 20 July 1908
Headquarters: Vadodara
Current MD & CEO: Debadatta Chand
It is one of India’s leading public sector banks and is rapidly expanding in digital banking services.
Q2. On 3 March 2026, the ‘Varuna’ naval exercise was conducted between India and which country?
A. USA
B. France ✅
C. Japan
D. Australia
Answer: France
Explanation: ‘Varuna’ is an annual bilateral naval exercise between India and France, aimed at strengthening maritime cooperation in the Indian Ocean Region.
France
Capital: Paris
Current President: Emmanuel Macron
Prime Minister: Gabriel Attal
France is one of India’s key strategic partners in Europe.
Q3. In March 2026, which state government launched the ‘Women Entrepreneurship Promotion Scheme 2026’?
A. Uttar Pradesh
B. Madhya Pradesh
C. Gujarat ✅
D. Bihar
Answer: Gujarat
Explanation: The Gujarat government launched this scheme to encourage women participation in startups and MSME sectors.
Gujarat
Formation Day: 1 May 1960
Capital: Gandhinagar
Current Chief Minister: Bhupendra Patel
Gujarat is one of India’s leading industrial and startup-friendly states.
Q4. Which organization recently released the ‘Global Education Outlook 2026’ report?
A. UNESCO ✅
B. WHO
C. IMF
D. World Bank
Answer: UNESCO
Explanation: UNESCO released the ‘Global Education Outlook 2026’ report highlighting the global education scenario.
UNESCO
Established: 16 November 1945
Headquarters: Paris, France
Current Director-General: Audrey Azoulay
UNESCO promotes global cooperation in education, science and culture.
Q5. On 4 March 2026, India signed a Green Energy Cooperation Agreement with which country?
A. Germany
B. Japan
C. Australia ✅
D. Canada
Answer: Australia
Explanation: India and Australia signed a cooperation agreement focusing on green hydrogen and solar energy development.
Australia
Capital: Canberra
Current Prime Minister: Anthony Albanese
Australia is a key Indo-Pacific partner of India.
Q6. In March 2026, SEBI launched which new initiative?
A. Digital IPO Platform ✅
B. Gold Bond Scheme
C. Kisan Credit Scheme
D. New Pension Scheme
Answer: Digital IPO Platform
Explanation: SEBI introduced a Digital IPO Platform to make the IPO process more transparent and efficient.
SEBI
Established: 12 April 1992
Headquarters: Mumbai
Current Chairperson: Madhabi Puri Buch
SEBI regulates India’s capital markets.
Q7. When is National Safety Day observed in India?
A. 2 March
B. 3 March
C. 4 March ✅
D. 5 March
Answer: 4 March
Explanation: National Safety Day is observed every year on 4 March to promote workplace safety and awareness. It is led by the National Safety Council.
Q8. Which Indian institution established a Quantum Computing Research Centre in March 2026?
A. IIT Delhi
B. IISc Bengaluru ✅
C. DRDO
D. ISRO
Answer: IISc Bengaluru
Explanation: IISc established a new research centre to promote advanced research in quantum technologies.
IISc
Established: 1909
Location: Bengaluru
Current Director: Govindan Rangarajan
It is one of India’s premier research institutions.
Q9. Which state recently launched the ‘E-Bus Service Expansion Project’?
A. Maharashtra ✅
B. Punjab
C. Haryana
D. Jharkhand
Answer: Maharashtra
Explanation: Maharashtra expanded its e-bus services to promote eco-friendly urban transportation.
Maharashtra
Formation Day: 1 May 1960
Capital: Mumbai
Current Chief Minister: Eknath Shinde
Maharashtra is India’s leading economic state.
Q10. In March 2026, what GDP growth rate did IMF project for India?
A. 5.8%
B. 6.2%
C. 6.8% ✅
D. 7.5%
Answer: 6.8%
Explanation: IMF projected India’s GDP growth rate at 6.8% for 2026.
IMF
Established: 27 December 1945
Headquarters: Washington, D.C.
Current Managing Director: Kristalina Georgieva
India
Independence: 15 August 1947
Capital: New Delhi
Current Prime Minister: Narendra Modi
India remains one of the fastest-growing major economies in the world.
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