Current affairs play an important role in TNPSC preparation. This Current Affairs Quiz covers important events from August 2026 and includes useful Current Affairs Questions. This Current Affairs MCQs to help you revise recent developments and strengthen your TNPSC Current Affairs preparation with Detailed explanations of Correct Answers.
Note: Every question is supported by a detailed explanation below the test to make your practice more useful and informative.
Current Affairs Quiz – A Quick Look at the Topic
1. CBDC-based DBT under PMGKAY
Correct Answer: B. Chandigarh and Dadra & Nagar Haveli
Detailed Explanation:
On 14 August 2026, the Government of India launched CBDC-based Direct Benefit Transfer under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) in Chandigarh and Dadra & Nagar Haveli. The initiative uses Central Bank Digital Currency (CBDC), or Digital Rupee, to transfer food subsidies to eligible beneficiaries through programmable digital tokens. This system is intended to make welfare delivery more transparent, traceable and purpose-specific, while ensuring that the benefit is used for essential food requirements.
2. Revised Base Year of National Accounts Statistics
Correct Answer: D. 2022–23
Detailed Explanation:
The Ministry of Statistics and Programme Implementation (MoSPI) revised the base year of India’s National Accounts Statistics from 2011–12 to 2022–23. The new series of Annual and Quarterly National Accounts Estimates was officially released on 27 February 2026. A base year provides a reference point for measuring changes in economic activity and helps present national income and economic growth estimates using updated economic structures and data.
3. GOBARdhan National Circular Bioenergy Scheme
Correct Answer: C. ₹23,731 crore
Detailed Explanation:
The Union Cabinet approved GOBARdhan – National Circular Bioenergy Scheme with a total outlay of ₹23,731 crore on 6 August 2026. The scheme focuses on expanding Compressed Biogas (CBG) production and converting organic waste into useful energy and other resources. It supports the concept of waste-to-wealth, can create additional income opportunities in rural areas and contributes to India’s energy security by promoting alternative sources of energy.
4. Textile and Apparel Exports
Correct Answer: C. 4.7%
Detailed Explanation:
India’s textile and apparel exports, including handicrafts, increased from ₹2,97,004 crore in 2023–24 to ₹3,25,339 crore in 2025–26. This represents a Compound Annual Growth Rate (CAGR) of 4.7% during the period. The figures are based on provisional data from the Directorate General of Commercial Intelligence and Statistics (DGCIS). The growth highlights the importance of the textile and handicrafts sector to India’s exports and economic activity.
5. Semicon 2.0
Correct Answer: C. ₹1,27,500 crore
Detailed Explanation:
The Union Cabinet approved Semicon 2.0 on 15 July 2026 with a total budget outlay of ₹1,27,500 crore. The programme is aimed at strengthening India’s semiconductor ecosystem, including semiconductor design and manufacturing capabilities. Developing a strong domestic semiconductor sector can help India improve technological capabilities, strengthen supply chains and reduce dependence on external sources for critical electronic components.
6. Khelo India Scheme and Assistance to National Sports Federations
Correct Answer: C. ₹36,441 crore
Detailed Explanation:
The Union Cabinet approved the revamped Khelo India Scheme along with enhanced Assistance to National Sports Federations (ANSFs) with a combined outlay of ₹36,441 crore for 2026–27 to 2030–31. The initiative aims to strengthen India’s sports ecosystem through better sports development, identification of talented athletes and greater support for sports federations. It is intended to provide a stronger foundation for athletes and sporting development across the country.
7. National Handloom Day
Correct Answer: B. 7 August
Detailed Explanation:
National Handloom Day is observed every year on 7 August to honour India’s handloom weavers and recognise their contribution to the country’s cultural heritage and socio-economic development. The Government of India declared 7 August as National Handloom Day in 2015. The day also highlights the importance of India’s traditional handloom sector and the role of weavers in preserving the country’s rich textile traditions.
8. BHAVYA Scheme
Correct Answer: A. To develop 100 industrial parks across India
Detailed Explanation:
The Bharat Audyogik Vikas Yojana (BHAVYA) aims to develop 100 investment-ready, plug-and-play industrial parks across India over six years. These industrial parks are intended to provide suitable infrastructure and facilities for businesses, making it easier for industries to establish and expand their operations. The scheme seeks to strengthen India’s manufacturing ecosystem, attract investment and create employment opportunities.
9. Government e-Marketplace (GeM)
Correct Answer: B. Department of Military Affairs
Detailed Explanation:
As of 6 August 2026, the Department of Military Affairs had crossed ₹1.35 lakh crore in cumulative Gross Merchandise Value (GMV) on the Government e-Marketplace (GeM). GeM is the Government of India’s digital procurement platform, enabling government organisations to purchase goods and services through an online marketplace. Defence procurement accounted for more than 14.93% of GeM’s cumulative GMV at that time, highlighting the significant role of government e-procurement in defence purchases.
10. Nuclear Energy Mission
Correct Answer: D. 100 GW
Detailed Explanation:
Under the Nuclear Energy Mission, India aims to increase its nuclear power capacity to 100 GW by 2047. The mission also aims to develop and operationalise at least five indigenous Small Modular Reactors (SMRs) by 2033. The initiative is intended to expand India’s nuclear energy capacity and contribute to long-term energy security through a reliable low-carbon source of electricity.
Further Reference Material:
Ministry of Statistics & Programme Implementation (MoSPI) — Official statistics, economic data and national accounts information.
Press Information Bureau (PIB) — Official Government of India press releases, announcements and current developments.
Stay updated with important events through this Current Affairs Quiz covering August 2026. These Current Affairs Questions and Current Affairs MCQs are designed to help TNPSC aspirants revise recent developments and strengthen their TNPSC Current Affairs preparation.