Daily Current Affairs Quiz — 17 August 2026 (10 MCQs with Answers)
Test yourself on today's top current affairs — RBI's loan-pricing rules, LPG production targets, FIH Hockey World Cup, BSF gallantry medals and the BRICS Environment Ministers' Meeting.
The RBI's August 2026 draft framework requires floating personal and MSME loans to be linked to an external benchmark reset at least how often?
Current Affairs 17 August 2026 — Answer Key & Explanations (10 Questions)
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Attempt the quiz above first, then review every question with its correct answer and a short explanation below.
Q1.The RBI's August 2026 draft framework requires floating personal and MSME loans to be linked to an external benchmark reset at least how often?
- A.Every month
- B.Every three months✓ Correct Answer
- C.Every six months
- D.Every year
Explanation: The draft rules are open for comments till 11 September 2026 and proposed to take effect from 1 April 2027.
Q2.The government's August 2026 order fixing refinery-wise LPG production targets gave which company the largest single quota?
- A.Reliance Industries✓ Correct Answer
- B.Indian Oil Corporation
- C.Bharat Petroleum
- D.Nayara Energy
Explanation: Reliance's quota was 18,000 tonnes/day, part of a combined 63,810 tonnes/day target across 21 refiners built as a domestic supply buffer.
Q3.India's men's hockey team beat which country 3-1 in its FIH Hockey World Cup 2026 opener, with captain Harmanpreet Singh scoring twice?
- A.Wales✓ Correct Answer
- B.England
- C.Pakistan
- D.Netherlands
Explanation: The match was played in Amstelveen, Netherlands; India face England next in Pool D.
Q4.India's women's hockey team drew 2-2 with which Olympic medallist team in their FIH Women's Hockey World Cup 2026 opener?
- A.China✓ Correct Answer
- B.Netherlands
- C.Argentina
- D.Germany
Explanation: Navneet Kaur and Deepika scored for India in the match played at Amstelveen.
Q5.On the 80th Independence Day, how many BSF personnel in total received gallantry and service medals?
- A.47
- B.54
- C.67✓ Correct Answer
- D.94
Explanation: This included 20 Medals for Gallantry, mainly for a 2024 anti-Maoist operation in Chhattisgarh's Kanker district.
Q6.India is hosting the 12th BRICS Environment Ministers' Meeting at Bharat Mandapam on 18 August 2026, chaired by which Union Minister?
- A.Bhupender Yadav✓ Correct Answer
- B.Piyush Goyal
- C.Amit Shah
- D.S. Jaishankar
Explanation: The theme is 'Building Resilience, Innovation, Cooperation and Sustainability', reflecting India's 2026 BRICS Chairship.
Q7.On Day 2 of the first Test against Sri Lanka in Galle, India reached 460/9 at stumps, with which batter top-scoring on 167?
- A.Devdutt Padikkal✓ Correct Answer
- B.KL Rahul
- C.Dhruv Jurel
- D.Rishabh Pant
Explanation: Dhruv Jurel added 51 before Sri Lanka's spinners triggered a middle-order collapse.
Q8.Iran said it reached an agreement with Oman on a proposed safe shipping route through which strait?
- A.Strait of Hormuz✓ Correct Answer
- B.Bab al-Mandeb Strait
- C.Strait of Malacca
- D.Palk Strait
Explanation: The deal covers geographical coordinates for shipping routes and a joint coordination centre, but remains conditional on Washington easing its blockade of Iranian ports.
Q9.Saudi Arabia and 13 other countries launched the Multinational Maritime Defence Coalition to counter attacks by which group in the Red Sea?
- A.Houthis✓ Correct Answer
- B.ISIS
- C.Al-Shabaab
- D.Hezbollah
Explanation: Rear Admiral Abdullah bin Salem Al-Shehri was named the coalition's first commander.
Q10.Uttar Pradesh's One-Time Settlement scheme, launched 15 August 2026, covers pending property tax dues across how many urban local bodies?
- A.762✓ Correct Answer
- B.545
- C.350
- D.1,000
Explanation: The scheme runs until 15 December 2026, with full waiver of accumulated interest and surcharge for defaulters who settle within the window.