Daily Current Affairs โ 23 June 2026
Daily Current Affairs ยท 23 June 2026
10 fully-analysed topics ยท 30 bilingual MCQs ยท 3 embedded videos ยท built for UPSC Prelims & Mains
๐ฏ 30 MCQs
๐ฌ 3 Videos
๐ฎ๐ณ Hindi + English
UPSC Current Affairs MCQ โ 23 June 2026
10 UPSC-standard bilingual MCQs covering today's top stories ยท 10-sec timer per question
Score yourself as you go. Get a feel for how UPSC-level questions are framed around the day's news.
Economy
Project Nimbus
The growing global protests against "Project Nimbus" highlight the ethical and geopolitical controversies surrounding Big Tech companies like Googleโฆ
- Project Nimbus: Announced in 2021, Project Nimbus is a USD 1.2 billion flagship cloud-computing agreement between the Israeli government and two techโฆ
- Data processing and server administration remain localized in Israel to ensure data sovereignty.
- Activists and tech employees cite a severe lack of transparency
- However, Google and Amazon have denied that Project Nimbus is designed for classified weapons or intelligence operations.
Which statement correctly describes Project Nimbus?
โ Correct! That fact belongs to this topic.
โ Not quite โ that fact is from another headline. The green option is right.
History
Israel-Palestine Conflict
Recently, the Hamas, the militant group ruling the Gaza Strip, have mounted a scathing attack on Israel from the land, air and water leading to multiple casualties.
- Israel, in the recent times, has cemented many peace agreements with neighboring countries such as UAE, Saudi Arabia etc which is set to feel a joltโฆ
- Balfour Declaration: The seeds of the conflict were laid in 1917 when the then British Foreign Secretary Arthur James Balfour expressed officialโฆ
- Unable to contain Arab and Jewish violence, Britain withdrew its forces from Palestine in 1948, leaving responsibility for resolving the competingโฆ
- In 1948, the Jewish declaration of Israel's independence prompted surrounding Arab states to attack
Show 6 more facts
- As per the Plan, Jordan controlled the West Bank and Jerusalem's holy sites, and Egypt controlled the Gaza Strip
- PLO was founded, with the aim of freeing Palestine from clutches of Israel and Jewish domination and setting up the dominance of Muslim Brotherhoodโฆ
- "Framework for Peace in the Middle East" brokered by the U.S
- 1987: Founding of Hamas, a violent offshoot of Egypt's Muslim Brotherhood seeking to fulfill its agenda through violent jihad
- 1993: Under the Oslo Accords Israel and the PLO agree to officially recognize each other and renounce the use of violence
- 2005: Israel begins a unilateral withdrawal of Jews from settlements in Gaza. However, Israel kept tight control over all border crossings (blockade).
Which statement correctly describes Israel-Palestine Conflict?
โ Correct! That fact belongs to this topic.
โ Not quite โ that fact is from another headline. The green option is right.
S&T
Securing India in the Age of AI Warfare
The growing use of Artificial Intelligence (AI) in defence, surveillance, and geopolitics has intensified debates on AI sovereignty, highlighting its significance as a national security priority for countries like India.
- AI is reshaping national security, offering both strategic advantages and critical threats
- To safeguard its sovereignty, India must build indigenous AI capabilities, secure data infrastructure, establish regulatory frameworks, and fosterโฆ
- Enhancing Military Precision: AI is being directly integrated into combat for lethal operations
- Strengthening C4ISR Systems: AI is crucial for modernizing the military's "nervous system" by being integrated into C4ISR (Command
Show 6 more facts
- About: AI sovereignty refers to a nation's independent control over its AI ecosystemโcompute infrastructure
- India's Policy Prioritization: As of March 2026
- Indigenous Models: India is fostering domestic foundational models with multilingual capabilities
- Threat to Military Dominance: AI enables asymmetric warfare
- In May 2025, the Pakistani military launched a cyber attack codenamed "Iron Wall" on India, causing a massive power grid failure that collapsed powerโฆ
- In the 2024 general elections, AI-generated deepfakes of political leaders were used to spread disinformation, exacerbating communal divisions andโฆ
The growing use of Artificial Intelligence (AI) in defence, surveillance, and geopolitics has intensified debates on AI sovereignty, highlighting its significance as a national security priority for countries like India.
Which statement correctly describes Securing India in the Age of AI Warfare?
โ Correct! That fact belongs to this topic.
โ Not quite โ that fact is from another headline. The green option is right.
Economy
Indiaโs Statistical Database Overhaul
The Indian government has executed a wide-ranging, systemic upgrade of its core statistical databases to improve their timeliness, representativeness, accuracy, and coverage.
- The data modifications span key macroeconomic metrics
- India has modernized its statistical framework by updating the base years of GDP (2022-23)
- Despite these reforms, challenges such as delayed Census operations, inadequate coverage of the informal sector, concerns over institutionalโฆ
- IMF 'C' Grade Warning: The immediate institutional trigger for the overhaul was a 'C' grade (the second-lowest rating) issued by the Internationalโฆ
Show 6 more facts
- Over the subsequent 15 years, the Indian economy underwent a massive structural metamorphosis including the rapid formalization via the Goods andโฆ
- Legacy indices such as the Consumer Price Index (CPI) with Base Year 2012 continued to track outdated items like VCRs
- The growth rate of the real economy is derived only after adjusting nominal data against the impact of inflation (via the GDP Deflator).
- Outdated inflation baskets distorted this deflation process
- RBI's Monetary Policy Committee (MPC) relies strictly on the Consumer Price Index (CPI) to gauge retail inflation and determine benchmark interestโฆ
- Public sector administrative adjustments, such as Dearness Allowance (DA) and Dearness Relief for current and former government personnel, areโฆ
The growth rate of the real economy is derived only after adjusting nominal data against the impact of inflation (via the GDP Deflator).
Which statement correctly describes Indiaโs Statistical Database Overhaul?
โ Correct! That fact belongs to this topic.
โ Not quite โ that fact is from another headline. The green option is right.
Economy
Indiaโs New GDP Series With Base Year 2022-23
The Ministry of Statistics and Programme Implementation (MoSPI) released the New Series of Annual and Quarterly National Accounts Estimates with baseโฆ
- India has shifted the GDP base year to 2022โ23, integrating improved data sources and refined methods such as double deflation and the SUT framework
- The revised series lowers nominal GDP by 3โ4%
- Real GDP Growth: Estimated to grow by 7.6% in Financial Year 2025-26 (revised upward from the 2011-12 base estimates)
- Nominal GDP previously registered at 11.0% and 9.7% growth rates during Financial Years 2023-24 and 2024-25.
Show 6 more facts
- Reflect a "Normal" Post-Pandemic Year: The year 2022โ23 was chosen because it represents the most recent normal year after the disruptions caused byโฆ
- Using 2022โ23 as the base ensures that growth comparisons are anchored in a stable economic environment.
- Renewable energy has expanded, digital and platform-based services have grown rapidly, the number of hired domestic workers has increased, and theโฆ
- Earlier, household sector estimates were largely based on proxy indicators and growth rates between benchmark surveys
- Refined Deflation Techniques: Double deflation (separate adjustment of output and input prices) is now applied in manufacturing and agriculture
- This reduces statistical discrepancies and ensures more consistent and reliable GDP estimates.
Which statement correctly describes Indiaโs New GDP Series With Base Year 2022-23?
โ Correct! That fact belongs to this topic.
โ Not quite โ that fact is from another headline. The green option is right.
๐ฐ Indian Economy MCQ Quiz ยท เคญเคพเคฐเคคเฅเคฏ เค เคฐเฅเคฅเคตเฅเคฏเคตเคธเฅเคฅเคพ
10 bilingual MCQs ยท Indian Economy ยท Members Only on YouTube
Today's rotation: Indian Economy. Take this break between news topics to sharpen the core concept.
Economy
IMF Flags Concerns over India's GDP Data
The International Monetary Fund (IMF) has retained its 'C' grade for India's national accounts and government finance data for 2025
- IMF 2025 Assessment: The IMF's Data Adequacy Assessment rates data quality from A (adequate) to D (serious shortcomings)
- National Accounts (GDP) Weaknesses: Outdated Base Year: Use of 2011-12 base year misrepresents the modern economic structure.
- Flawed Deflation Method: Reliance on Wholesale Price Index (WPI) and single deflation instead of Producer Price Index (PPI) and double deflationโฆ
- Data Gaps: Unexplained discrepancies between production and expenditure-side GDP calculations.
Show 2 more facts
- Lack of Granularity: Absence of timely, sector-wise investment data and seasonally adjusted figures.
- Ensure transparency and capacity by revising GDP and CPI regularly
Which statement correctly describes IMF Flags Concerns over India's GDP Data?
โ Correct! That fact belongs to this topic.
โ Not quite โ that fact is from another headline. The green option is right.
Economy
RBIโs Monetary Policy
In the June 2025 Monetary Policy Committee (MPC) meeting
- A neutral stance gives the RBI flexibility to raise or cut rates depending on evolving inflation or growth risks
- About: Monetary policy is the process through which the RBI regulates the money supply in the economy by using various monetary instruments under itsโฆ
- Objectives: The primary objective is price stability, with inflation targeting as the primary focus
- Quantitative Tools Reserve Ratios: Cash Reserve Ratio: The percentage of a bank's Net Demand and Time Liabilities (NDTL) that must be maintained asโฆ
Show 6 more facts
- Statutory Liquidity Ratio: Banks are required to hold a fixed portion of their NDTL as liquid assets such as cash, gold, and unencumbered securities.
- Repo Rate: It is the rate at which the RBI offers overnight liquidity to banks in exchange for government and other approved securities as collateral.
- Reverse Repo Rate: It is the rate at which the RBI absorbs overnight liquidity from banks in exchange for eligible government securities asโฆ
- The bank rate is the interest rate at which the RBI lends long-term, unsecured funds to commercial banks, without collateral
- These bonds generally have a short tenure of less than six months, though the maturity period may vary as per requirements.
- Margin Requirement: It is the difference between the market value of the assets and its maximum loan value
Which statement correctly describes RBIโs Monetary Policy?
โ Correct! That fact belongs to this topic.
โ Not quite โ that fact is from another headline. The green option is right.
Economy
Index of Industrial Production and Revision of Base Year
India's Index of Industrial Production (IIP) growth slowed to 4.9% in April 2026 from 5.8% in April 2025, while the government introduced a revised IIP series with 2022-23 as the new base year, replacing 2011-12.
- Sectoral Performance (April 2026): The manufacturing sector, which dominates with about 76% weight in the IIP basket, grew by 6.2%
- About: Published monthly by the National Statistical Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI)
- The index value for the base year is always set to 100, and current production is measured as a percentage against it.
- Furthermore, the weights assigned to each sector and industry have been revised in alignment with the updated Gross Value Added (GVA) 2022-23 series.
Show 2 more facts
- Electricity generation is now cleanly split between renewable and non-renewable sources
- It serves as an early measure of industrial performance
Which statement correctly describes Index of Industrial Production and Revisionโฆ?
โ Correct! That fact belongs to this topic.
โ Not quite โ that fact is from another headline. The green option is right.
Economy
Gross Domestic Product and Net Domestic Product
The Ministry of Statistics and Programme Implementation (MoSPI)
- Alongside, India is planning to shift from GDP to Net Domestic Product (NDP) as the primary measure of economic activity, in line with the Unitedโฆ
- The First Advance Estimates for FY 2025โ26 project a robust 7.4% real GDP growth
- India plans to transition from GDP to Net Domestic Product (NDP) in line with SNA 2025 to better capture net
- About: GDP is the total monetary value of all final goods and services produced within a country's borders during a specific period (usually a yearโฆ
Show 6 more facts
- Types of GDP: Nominal GDP: Measured at current market prices, without adjusting for inflation
- Real GDP: Adjusted for inflation using the GDP deflator. Reflects the actual quantity of goods and services produced
- Before 2015: India computed GDP with 2004โ05 as the base year, and measured GDP at factor cost, excluding indirect taxes and subsidies
- The revised GDP series will continue to follow SNA 2008, while the NDP shift aligns with SNA 2025.
- Non-adjustment for Capital Depreciation: GDP measures gross output and does not deduct depreciation of physical capital such as machinery
- Exclusion of Environmental Costs: GDP treats resource extraction and pollution-intensive activities as value addition
Which statement correctly describes Gross Domestic Product and Net Domestic Product?
โ Correct! That fact belongs to this topic.
โ Not quite โ that fact is from another headline. The green option is right.
Economy
Periodic Labour Force Survey 2025
The Annual Report of the Periodic Labour Force Survey (PLFS) 2025
- It is the 1st comprehensive report based on the calendar year (January 2025-December 2025) as the survey period.
- The PLFS 2025 reports a stable labor market with a 3.1% unemployment rate and 59.3% participation.
- Despite a positive shift toward formal salaried roles and manufacturing, a 25% youth "NEET" rate persists.
- Skill gaps remain high, with only 4.2% of workers having formal vocational training.
Show 6 more facts
- Stable Participation Rates: The Labour Force Participation Rate (LFPR) for persons aged 15+ remained stable at 59.3%
- Worker-to-Population Ratio: The Worker Population Ratio (WPR) reached 57.4%
- 67.8% of the population aged 15+ has attained at least a secondary level of education
- About: PLFS is India's official framework for tracking employment and unemployment dynamics
- Core Objectives: Monthly & Quarterly Estimates (Rural + Urban): Since January 2025
- Annual Estimates: Provides a comprehensive yearly report based on the Calendar Year (JanuaryโDecember)
Which statement correctly describes Periodic Labour Force Survey 2025?
โ Correct! That fact belongs to this topic.
โ Not quite โ that fact is from another headline. The green option is right.
Simple Current Affairs MCQ โ 23 June 2026
10 accessible MCQs covering the same topics ยท great for quick revision
End your study session with these simpler MCQs to lock in recall of today's current affairs.
