Daily Current Affairs — 06 October 2026
Daily Current Affairs · 06 October 2026
10 fully-analysed topics · 30 bilingual MCQs · 3 embedded videos · built for UPSC Prelims & Mains
🎯 30 MCQs
🎬 3 Videos
🇮🇳 Hindi + English
Indian Economy MCQ Quiz · भारतीय अर्थव्यवस्था प्रश्नोत्तरी
Members-only quiz on the Netmock channel – bilingual, exam-standard
Warm up on a core subject before the news. Join the channel to unlock the full members-only quiz library.
Economy
India–Switzerland Relations
The President of the Swiss Confederation engaged in comprehensive bilateral talks with the Indian Prime Minister in New Delhi.
- India–Switzerland ties are expanding beyond trade into defence
- Key challenges include trade imbalance, lack of a Bilateral Investment Treaty, IPR concerns under Section 3(d)
- Migration and Mobility Partnership (MMP) Agreement: Facilitates legal movement of talent while curbing irregular migration and trafficking
- Exchange of Young Professionals (YPS) Agreement: Enables an annual exchange of 300 young professionals (scalable to 500) for temporary employment
Show 6 more facts
- Historical & Diplomatic Ties: Diplomatic ties were established through the Treaty of Friendship signed in New Delhi in 1948
- Bilateral Trade: Switzerland was India's 15th-largest trading partner in FY 2024–25, with total trade of USD 23.27 billion
- India–EFTA TEPA: Implemented in October 2025, the pact serves as the bedrock of modern trade, carrying a commitment from EFTA states to mobilize USD
- India is an Associate Member State at CERN (European Organization for Nuclear Research) in Geneva
- About: EFTA is an intergovernmental organization set up in 1960 under the Stockholm Convention
- While Iceland, Liechtenstein, and Norway are part of the EU single market via the European Economic Area (EEA), Switzerland relies on separate
2. What is the significance of Section 3(d) of India's Patents Act
Which of the following statements about India–Switzerland Relations is correct?
Correct. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute.
Not quite. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute. The green option is the correct one.
Economy
India-EFTA Trade and Economic Partnership Agreement
The Union Minister of Commerce and Industry of India has announced that the Trade and Economic Partnership Agreement (TEPA) between India.
- About: The Trade and Economic Partnership Agreement (TEPA) between India and the EFTA (Iceland
- Strategic Investment Commitment: EFTA will invest USD 100 billion in India over 15 years
- India offers 82.7% tariff lines, covering 95.3% of EFTA exports, including gold (no change in effective duty).
- About: The European Free Trade Association (EFTA) is an intergovernmental organisation comprising Iceland
Show 6 more facts
- India-EFTA Trade Relations: Trading Partner: India is EFTA's 5th-largest trading partner after the EU
- Major imports from EFTA include gold (USD 20.7 billion in 2021–22)
- Key exports to EFTA comprise chemicals, iron and steel, gold, precious stones, yarns, sports goods, glassware, and bulk drugs.
- It is a dedicated investment facilitation mechanism established by Invest India to serve as a single-window platform
- Persistent Trade Deficit: India has a large trade deficit with EFTA, mainly due to gold imports from Switzerland.
- Data Exclusivity & Public Health: EFTA's demand for data exclusivity in pharma could hinder India's generic drug production
With reference to India-EFTA Trade and Economic Partnership Agreement, consider the following statements:
- About: The Trade and Economic Partnership Agreement (TEPA) between India and the EFTA (Iceland
- Strategic Investment Commitment: EFTA will invest USD 100 billion in India over 8 years
Which of the statements given above is/are correct?
Correct. Check each statement on its own before looking at the options. One of the two alters a figure, an institution or the direction of change stated in the source.
Not quite. Check each statement on its own before looking at the options. One of the two alters a figure, an institution or the direction of change stated in the source. The green option is the correct one.
Economy
Foreign Direct Investment in India
According to the Reserve Bank of India (RBI), India's net foreign direct investment (FDI) crashed from USD 10.1 billion in 2023–24, and just USD 0.4 billion in 2024–25.
- The sharp decline in net FDI is mainly due to increased repatriation and disinvestment by foreign firms
- About: FDI refers to investment made by a person residing outside India through capital instruments in either an unlisted Indian company or in at
- Automatic Route: An overseas investor is only required to inform the RBI after the investment is made
- The Department for Promotion of Industry and Internal Trade (DPIIT)
Show 6 more facts
- Strong Gross FDI Inflows: Gross FDI rose to USD 81 billion in 2024–25, up from USD 71.3 billion in 2023–24 and $71.4 billion in 2022–23
- Top investing countries—Singapore, Mauritius, UAE, Netherlands, and the United States—contributed over 75% of gross FDI.
- The sectors driving over 90% of OFDI growth included financial
- It mandates that entities from countries sharing a land border with India
- Global Expansion for Market Diversification: Indian firms are investing abroad to access new markets in Africa
- Companies like ONGC Videsh and Adani Group have actively invested in international resources
Which of the following statements about Foreign Direct Investment in India is correct?
Correct. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute.
Not quite. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute. The green option is the correct one.
Economy
Circular Economy in Mobility
NITI Aayog launched three thematic reports on Enhancing Circular Economy in End-of-Life Vehicles (ELVs).
- NITI Aayog's reports highlight that rapid urbanisation
- Adopting a strong circular economy framework—through infrastructure expansion
- Rapid urbanisation and rising vehicle ownership, including the surge in electric vehicles, are accelerating the generation of ageing vehicles in India
- The number of End-of-Life Vehicles is projected to rise from 23 million in 2025 to 50 million by 2030
Show 6 more facts
- Growth in vehicle ownership and EV adoption is driving higher tyre consumption, leading to a sharp increase in End-of-Life Tyres (ELTs).
- The tyre recycling ecosystem remains fragmented, with poor traceability, lack of standards, and dominance of informal recyclers.
- High-value recycling pathways such as recovered Carbon Black (rCB) and tyre retreading remain underutilised due to weak standards and market mandates
- Digitalisation and the clean energy transition are rapidly increasing E-waste and Lithium-ion battery waste in India
- Demand for Lithium-ion batteries is projected to grow from 29 GWh in 2025 to 248 GWh by 2035, driven by EV adoption and energy storage needs.
- About: The Circular Economy refers to an economic model whose objective is to produce goods and services in a sustainable way
Which of the following statements about Circular Economy in Mobility is correct?
Correct. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute.
Not quite. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute. The green option is the correct one.
History
Nataraja Artistry of Lord Shiva
Recently, The G20 Leaders' Summit at Bharat Mandapam, New Delhi, featured a stunning 27-foot Nataraja sculpture, the world's tallest representation of Lord Shiva in his dancing form.
- This remarkable Nataraja statue, crafted from an ashtadhatu (eight-metal alloy) by artisans from Tamil Nadu, weighs 18 tonnes.
- The statue is sculpted by the renowned sculptor Radhakrishnan Sthapaty of Swami Malai in Tamil Nadu.
- The Nataraja sculpture at Bharat Mandapam is made using the lost wax method.
- Ancient Origins of Shiva: Shiva, one of the principal deities in Hinduism, has ancient roots that trace back to the Vedic period.
Show 6 more facts
- In Vedic scriptures, Shiva's precursor is Rudra, a deity associated with natural elements, particularly storms, thunder
- Rudra was initially a fierce and fearsome deity, embodying the destructive aspects of nature.
- The concept of Shiva as a dancer, known as Nataraja, began to take shape around the 5th century AD.
- During the reign of the Chola dynasty (9th-11th centuries AD), Shiva's Nataraja form underwent significant development.
- The Cholas were devout Shaivites, emphasizing the worship of Lord Shiva
- Nataraja's symbolism grew more complex under the Cholas.
Which of the following statements about Nataraja Artistry of Lord Shiva is correct?
Correct. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute.
Not quite. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute. The green option is the correct one.
Mock Test 5 | Prelims 2020, UPSC
The channel's most-watched lesson – 33,679 views
Take a break from the news and watch the lesson more UPSC aspirants have watched than any other on this channel.
Economy
GIFT City and Bullion Exchange
Recently, the Prime Minister has laid the foundation stone of the headquarters building of the International Financial Services Centers Authority (IFSCA) in GIFT City, Gandhinagar.
- The building has been conceptualized as an iconic structure
- He also launched the India International Bullion Exchange (IIBX), India's first International Bullion Exchange in GIFT-IFSC the NSE IFSC-SGX Connect.
- Bullion Bullion refers to physical gold and silver of high purity that is often kept in the form of bars, ingots, or coins.
- Bullion can sometimes be considered legal tender and is often held as reserves by central banks or held by institutional investors.
Show 6 more facts
- The Government had notified in August 2020 about the Bullion Spot Delivery Contract
- A bullion Exchange is a market through which buyers and sellers trade gold and silver as well as associated derivatives.
- There are various bullion markets around the world with the London Bullion Market known as the primary global market trading platform for gold
- About: India International Bullion Exchange (IIBX) was first announced in the Union Budget 2020 for easing the Gold Import by Jewellers in India.
- It is a platform that not only enrols jewellers to trade on the exchange
- IIBX will facilitate efficient price discovery with the assurance of responsible sourcing and quality
Which of the following statements about GIFT City and Bullion Exchange is correct?
Correct. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute.
Not quite. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute. The green option is the correct one.
IR
Ukraine “Path to Peace” Summit
Discuss the geopolitical and economic implications of the ongoing Russia-Ukraine conflict. Analyse the appropriate approach need to be adopted in this complex scenario.
- Recently, the two-day Summit on Peace in Ukraine titled "Path To Peace Summit", held in Switzerland, ended on 16th June 2024.
- Call for Territorial Integrity of Ukraine: 80 countries have called for the "territorial integrity" of Ukraine to be the basis
- They supported the final joint communiqu that outlined a "Path to Peace" and focused on 3 agendas: nuclear safety
- Russia, the primary party to the conflict, was not invited by the host, Switzerland, due to the International Criminal Court's indictment of
Show 6 more facts
- India along with Saudi Arabia, South Africa, and the United Arab Emirates refused to sign onto the final document released at the conclusion of a
- India emphasised that only proposals acceptable to both Russia and Ukraine can lead to peace.
- Commitment to Non-Alignment: India's non-aligned foreign policy
- India has opted to abstain on UN Security Council (UNSC) resolutions regarding Russia's actions in Ukraine
- India regards Russia as a crucial strategic partner, with Russia being a significant supplier of military hardware and energy resources to India
- India has taken various steps to address the humanitarian aspects of the conflict by providing humanitarian aid to Ukraine
Which of the following statements about Ukraine “Path to Peace” Summit is correct?
Correct. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute.
Not quite. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute. The green option is the correct one.
Economy
National Green Hydrogen Mission
Recently, the Ministry of New & Renewable Energy (MNRE) has increased the yearly allocation of Green Ammonia.
- India launched the National Green Hydrogen Mission (NGHM) in January 2023.
- The Ministry of New & Renewable Energy (MNRE) is implementing the NGHM
- About: Ammonia is a chemical that is used mainly in the manufacture of nitrogenous fertilisers
- Green ammonia production is where the process of making ammonia is 100% renewable and carbon-free.
Show 6 more facts
- It is produced by using hydrogen from water electrolysis and nitrogen separated from the air
- Energy Storage: Ammonia is easily stored in bulk as a liquid at modest pressures (10-15 bar) or refrigerated to -33C
- Zero-carbon Fuel: Ammonia can be burnt in an engine or used in a fuel cell to produce electricity
- Marine Industry: The maritime industry is likely to be an early adopter, replacing the use of fuel oil in marine engines.
- Green ammonia is intended to be used in the production of carbon-neutral fertiliser products
- Green ammonia is crucial to tackling the existential challenges of producing enough food to feed a growing global population
Which of the following statements about National Green Hydrogen Mission is correct?
Correct. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute.
Not quite. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute. The green option is the correct one.
Polity
Legislative Privileges: Balancing with Constitutional Rights
A seven-judge Constitution Bench of the Supreme Court, headed by Chief Justice of India, closed a two-decade-old reference case (N.
- The case concerned the conflict between legislative privileges and the fundamental right to freedom of speech and expression
- About: Legislative privileges are the special rights
- Collective Privileges: Rights belonging to the House as a whole
- Individual Privileges: Rights granted to lawmakers in their individual capacity
Show 6 more facts
- Article 105: Deals comprehensively with the powers, privileges, and immunities of the Houses of Parliament, its members, and its committees.
- Article 194: Deals with the corresponding powers, privileges, and immunities of State Legislatures, their members, and committees.
- Articles 122 and 212: Bar courts from questioning parliamentary or State legislative proceedings merely on grounds of procedural irregularity
- Article 105(3): Empowers Parliament to define its privileges by law.
- It may be initiated against MPs or outsiders for acts such as misleading the House, withholding facts, or making disparaging remarks against members.
- Composition: Lok Sabha: It consists of 15 members nominated by the Speaker.
5. What was the significance of the Sita Soren judgment, 2024? The Supreme Court overruled the 1998 P.V
Which of the following statements about Legislative Privileges: Balancing with Constitutional Rights is correct?
Correct. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute.
Not quite. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute. The green option is the correct one.
Polity
Privilege Notice and Parliamentary Privileges in India
A privilege notice has been submitted against the Prime Minister of India, alleging breach of parliamentary privilege following remarks made after the defeat of the Constitution (131st Amendment) Bill, 2026.
- About: A Privilege Notice (or Motion) is a formal notice submitted by a member of parliament (MP) alleging a breach of their parliamentary rights
- The Presiding Officer examines it and may give or withhold consent for it to be raised in the House.
- After the Speaker/Chairman admits the notice, the member seeks leave of the House (formal permission of the House to allow a member to raise a
- Nature: It is a Standing Parliamentary Committee. Its function is semi-judicial.
Show 6 more facts
- Lok Sabha: Consists of 15 members nominated by the Speaker.
- Rajya Sabha: Consists of 10 members nominated by the Chairman.
- Function: It examines every question involving a breach of privilege
- About: Parliamentary privileges are special rights, immunities, and exemptions enjoyed by each House of Parliament, its committees, and its members
- Constitutional Basis: Article 105, Article 122, Article 194 and Article 212 provides various types of privileges to Members of Parliament (MPs)
- Legal Basis: Article 105(3) leaves the definition of the powers
With reference to Privilege Notice and Parliamentary Privileges in India, consider the following statements:
- About: A Privilege Notice (or Motion) is a formal notice submitted by a member of parliament (MP) alleging a breach of their parliamentary rights
- The Presiding Officer examines it and must give or withhold consent for it to be raised in the House
Which of the statements given above is/are correct?
Correct. Check each statement on its own before looking at the options. One of the two alters a figure, an institution or the direction of change stated in the source.
Not quite. Check each statement on its own before looking at the options. One of the two alters a figure, an institution or the direction of change stated in the source. The green option is the correct one.
Indian Polity MCQ Quiz · भारतीय राजव्यवस्था प्रश्नोत्तरी
A second members-only subject quiz – lock in today's study session
Current affairs alone will not clear Prelims. Close the day on the static syllabus with this members-only quiz.
