Daily Current Affairs — 07 November 2026
Daily Current Affairs · 07 November 2026
10 fully-analysed topics · 30 bilingual MCQs · 3 embedded videos · built for UPSC Prelims & Mains
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Indian Economy MCQ Quiz · भारतीय अर्थव्यवस्था प्रश्नोत्तरी
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Economy
Adaptation Gap Report 2026
The United Nations Environment Programme (UNEP) has released the Adaptation Gap Report 2026, titled "Ready? Not. Climate impacts will not wait.
- The UNEP Adaptation Gap Report 2026 highlights the widening gap between climate adaptation needs and available finance
- Estimated Needs: Based on the latest Nationally Determined Contributions (NDCs) and National Adaptation Plans (NAPs) of 155 developing countries
- Glasgow Climate Pact (COP26, 2021) urged developed countries to at least double adaptation finance from 2019 levels by 2025 (about USD 40 billion).
- The report notes that the 2025 target remains achievable
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- Adjusted for inflation, 2035 needs rise from USD 305 billion to USD 420 billion, so tripling would meet only 20–29% of needs, leaving a gap of
- However, private finance may bridge only 15–20% of the financing gap
- Disproportionate Impact: Between 2020 and 2025
- The Data Gap: Among 118 countries assessed, 89% recognise Loss and Damage (L&D) in their NDCs or NAPs, 54% have information systems to track it
- Global Adaptation Mechanisms under UNFCCC: Global Goal on Adaptation (GGA): Established under Article 7.1 of the Paris Agreement
- Least Developed Countries Expert Group (LEG): Established in 2001
The United Nations Environment Programme (UNEP) has released the Adaptation Gap Report 2026, titled "Ready?
Which of the following statements about Adaptation Gap Report 2026 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’s Nationally Determined Contribution (2031-2035)
The Union Cabinet approved India's updated Nationally Determined Contribution (NDC 3.0) for the period 2031-2035.
- International Mandates: As a Paris Agreement signatory, India was required to issue an updated NDC by 2025
- NDC 3.0 targets were shaped by the outcomes of the 2021 Global Stocktake (GST)
- Expansion of Non-Fossil Energy Capacity: India pledges to achieve 60% of its cumulative installed electricity capacity from non-fossil sources
- India had already achieved a 36% reduction by 2020, keeping it well on track to beat its earlier 45% reduction target for 2030.
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- As of 2025, India has created an additional carbon sink of 2.29 billion tonnes CO2 equivalent from forest and tree cover.
- Global Climate Leadership: At a time when several developed nations are experiencing a "rollback of climate policies"
- Strategic Alignment: The new targets act as a stepping stone toward India's overarching long-term goal of achieving Net-Zero emissions by 2070
- A Nationally Determined Contribution (NDC) is a country's official climate action plan submitted under the Paris Agreement
- It is self-determined, meaning each country sets its own targets based on national circumstances, and is time-bound
- NDCs typically include emission reduction goals, renewable energy targets, adaptation strategies, and financial or technological needs.
With reference to India’s Nationally Determined Contribution (2031-2035), consider the following statements:
- International Mandates: As a Paris Agreement signatory, India was required to issue an updated NDC by 2022
- NDC 3.0 targets were shaped by the outcomes of the 2021 Global Stocktake (GST)
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
India’s Shift from Mitigation to Adaptation in Climate Action
India has signaled a shift in its climate stance by prioritizing adaptation over emission cuts (Mitigation).
- This reflects concerns over global inaction and weak financial commitments at United Nations Framework Convention on Climate Change (UNFCCC)
- Reevaluation of Global Climate Commitments: The world is not on track to meet its emissions reduction targets
- The withdrawal of the US from the Paris Agreement in 2025 has further weakened global climate action momentum.
- India aims for low-carbon growth at its own pace, with energy transition driven by domestic priorities.
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- Unlike mitigation, which requires global cooperation, adaptation like building climate-resilient infrastructure offers direct, immediate benefits
- India argues that rapid industrialization and economic growth, as seen in China, provide the resources necessary for future decarbonization.
- While decarbonization remains a long-term goal, India is unwilling to compromise economic growth through immediate restrictions on fossil fuel use.
- A bottom-up approach through ground-level initiatives is seen as more effective than top-down mandates.
- Low-Carbon Development: Despite resisting strict coal phase-down commitments, India is expanding its renewable energy sector
- India aims to create an additional 2.5-3 billion tonnes of carbon dioxide (CO₂) sink through forest expansion by 2030, based on 2005 levels
Reducing greenhouse gas emissions and limiting climate change impacts.
Which of the following statements about India’s Shift from Mitigation to Adaptation in Climate 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
Loss and Damage Fund
1. The Agreement was signed by all the member countries of the UN and it will go into effect in 2017.
- In the aftermath of the catastrophic landslides that recently impacted Kerala's Wayanad district
- The Wayanad district of Kerala experienced a devastating landslide disaster in early July 2024 due to heavy rainfall
- The landslides in Chooralmala and Mundakkai villages killed at least 144 people and injured 197
- Establishment and Goal: The Loss and Damage Fund (LDF) was established at the 27th UNFCCC Conference of Parties (COP27) held in 2022 in Egypt to
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- The Governing Board is currently developing mechanisms to facilitate access to the Fund's resources
- Despite its intended purpose, there are ongoing concerns that: Climate funds
- This issue is particularly acute for local communities at the sub-national level.
- India has incurred damages exceeding USD 56 billion due to weather-related disasters between 2019 and 2023
- In the absence of clear guidelines for accessing loss and damage funds within India, frontline communities remain at risk.
- National Clean Energy Fund: It was created to promote clean energy, and funded through an initial carbon tax on the use of coal by industries.
With reference to Loss and Damage Fund, consider the following statements:
- In the aftermath of the catastrophic landslides that recently impacted Kerala's Wayanad district
- The Wayanad district of Kerala experienced a devastating landslide disaster in early July 2026 due to heavy rainfall
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
10 Years of Paris Agreement
The Paris Agreement(2015) completed ten years in November 2025, triggering a global re-evaluation of its effectiveness and relevance.
- About: The Paris Agreement is a legally binding global climate agreement adopted in 2015 (21st Conference of the Parties (COP)) under the UN
- In 2023, the first Global Stocktake concluded at COP28, calling for faster action on mitigation, adaptation
- Countries are encouraged to submit long-term low-emission development strategies, though these are voluntary.
- The Paris Rulebook, finalised at COP24 (Katowice, Poland) and COP26 (Glasgow, Scotland), laid down detailed rules for implementing the Agreement.
Show 6 more facts
- Universal Participation: Nearly all countries (194 States plus the European Union)committed to climate action under a single framework.
- Climate Finance Commitment: Developed countries committed to mobilising USD 100 billion per year up to 2025 to support developing countries in
- India submitted its Intended Nationally Determined Contribution (INDC) to the UNFCCC in 2015
- The updated NDC commits India to promoting a sustainable lifestyle through the LIFE (Lifestyle for Environment) movement
- India reaffirmed its commitment to the UNFCCC and Paris Agreement, stating that this update is a key step toward its long-term net-zero target by 2070
- It has demonstrated global leadership through initiatives such as the International Solar Alliance (ISA)
The Paris Agreement(2015) completed ten years in November 2025, triggering a global re-evaluation of its effectiveness and relevance.
Which of the following statements about 10 Years of Paris Agreement 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.
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Environment
New Collective Quantified Goal on Climate Finance (NCQG)
Recently, in response to the pressing threat of climate change, the New Collective Quantified Goal on Climate Finance (NCQG) has emerged as a crucial.
- It is a crucial topic for the upcoming 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change (UNFCCC)
- About: The NCQG is a new annual financial target
- Empower Developing Countries: Developing countries are often disproportionately affected by climate change despite contributing less to greenhouse
- The NCQG can unlock the necessary funds for developing countries to implement ambitious climate action plans aligned with the Paris Agreement's goals.
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- Legal status: It is a legally binding international treaty on climate change.
- Adoption: It was adopted by 196 countries at the Conference of the Parties COP 21 in Paris in December 2015.
- Goal: To limit global warming to well below 2 Celsius, and preferably limit it to 1.5 Celsius, compared to pre-industrial levels.
- Objective: To achieve the long-term temperature goal
- India is a signatory to the Paris Agreement. India reaffirmed its commitment to the agreement in August 2022 by submitting an updated NDC to the
- The Agreement was signed by all the member countries of the UN and it will go into effect in 2017.
Which of the following statements about New Collective Quantified Goal on Climate Finance (NCQG) 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.
Environment
India’s Green Pathway: From Conservation to Climate Action
India's evolving environmental strategy, highlighted in its "Green Pathway" approach, reflects a shift from conservation to integrated climate action.
- The country is also emerging as a key global voice on climate justice and sustainable development.
- Legal Foundation: Conservation is governed by the Biological Diversity Act (2002), aligning with the 1992 Convention on Biological Diversity (CBD).
- NBSAP 2024–2030: Launched at United Nations Convention to Combat Desertification (UNCCD) – COP 16 (Saudi Arabia) the updated National Biodiversity
- Protected Areas: Expanded significantly from 745 in 2014 to 1,134 in 2025, with a focus on wildlife corridors for safe animal movement.
Show 6 more facts
- Key Species Projects: Project Tiger: Tiger Reserves increased to 58 (the newest being Madhav Tiger Reserve).
- Project Elephant: Expanded to 33 reserves, securing 150 elephant corridors across 15 states.
- Project Cheetah: The population has reached 30 (including 19 cubs born in India)
- Project Snow Leopard: The first assessment estimated 718 snow leopards (highest in Ladakh). Phase 2.0 was launched in late 2025.
- Project Dolphin: Estimated 6,327 riverine dolphins (2021–2023). A second range-wide survey covering major rivers launched in January 2026.
- International Big Cat Alliance (IBCA): India led multi-country
2. What is the significance of MISHTI? A mangrove restoration initiative enhancing coastal resilience and protecting against climate risks.
Which of the following statements about India’s Green Pathway: From Conservation to Climate Action 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
Immigration and Foreigners (Exemption) Amendment Order, 2026
The Ministry of Home Affairs (MHA) notified the Immigration and Foreigners (Exemption) (Amendment) Order.
- Legal Framework: The amendment modifies the Immigration and Foreigners (Exemption) Order, 2025, issued under the Immigration and Foreigners Act, 2025.
- Visa Requirement for Religious Minorities: Applies to Hindus
- Indian, Nepali and Bhutanese citizens travelling between these countries must produce identity documents prescribed in the Visa Manual before
- Indian citizens travelling to or returning from third countries through Nepal or Bhutan must possess valid passports
Show 1 more facts
- Nepali and Bhutanese citizens entering or exiting India from/to countries other than Nepal or Bhutan require valid passports
Which of the following statements about Immigration and Foreigners (Exemption) Amendment Order, 2026 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 Announces $500 Million Line of Credit for Guyana
India announced a USD 500 million Line of Credit (LoC) for road infrastructure.
- Development Financing: The USD 500 million LoC will support Guyana's infrastructure and development priorities
- Location: Guyana is situated on the northern coast of South America
- Capital and Official Language: Georgetown is the capital
Which of the following statements about India Announces $500 Million Line of Credit for Guyana 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
Unified Payments Interface (UPI)
The Unified Payments Interface (UPI), developed by the National Payments Corporation of India (NPCI), has completed a decade of transforming India's digital payment ecosystem.
- About: Unified Payments Interface (UPI) is a real-time payment system developed by the NPCI
- UPI ensures secure payments through two-factor authentication and end-to-end encryption.
- Launch of UPI (2016): UPI was launched on a pilot basis in April 2016 with 21 member banks
- Signed Intent and QR for secure payment approvals.
Show 6 more facts
- UPI crossed one billion transactions per month in October 2019, reflecting rapid adoption.
- UPI 123PAY brought feature phone users into digital payments through IVR, missed calls, app-based, and proximity sound-based payments.
- Credit cards were integrated with UPI, expanding payment options.
- UPI crossed 5 billion monthly transactions in March 2022 and processed transactions worth over US$1 trillion in FY 2021-22.
- UPI accounted for around 70% of India's digital payment transactions in FY 2023-24.
- RBI increased the UPI transaction limit for tax payments from ₹1 lakh to ₹5 lakh per transaction.
Which of the following statements about Unified Payments Interface (UPI) 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.
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.







