Current Affairs Study Flashcards - August 2026

Flashcards testing key current affairs concepts, scheme outlays, locations, and statistics from the August 2026 study notes.

What is the total combined financial outlay approved by the Union Cabinet for the expanded Khelo India Scheme and enhanced ANSFs for FY27 to FY31?

A total outlay of $\text{Rs. } 36,441\,\text{crore}$ ($\text{Rs. } 29,054\,\text{crore}$ allocated for the Khelo India Scheme and $\text{Rs. } 7,387\,\text{crore}$ for the ANSF Scheme).

What is the main objective and financial budget of the 'Samudra Manthan'-National Offshore Exploration (NOE) scheme approved in July 2026?

To boost offshore oil and gas exploration and energy security through FY31 with a total budget outlay of $Rs. 84,084\,\text{crore}$.

What target capacity of floating solar projects is set under the Pradhan Mantri Surya Sarovar Yojana (PM-SSY)?

A target capacity of $5,000\,\text{MW}$ of floating solar capacity with co-located Energy Storage Systems (ESS) with a total outlay of $Rs. 5,070\,\text{crore}$.

What total budget outlay has been approved for the 5-year continuation of the PM-KISAN scheme from 2026-27 to 2030-31?

A total budget outlay of $Rs. 3.15\,\text{lakh crore}$ ($Rs. 3,15,614\,\text{crore}$).

Which ministry is implementing the GOBARdhan scheme for a period of 10 years (FY27 to FY36) with an outlay of $Rs. 23,731\,\text{crore}$?

The Ministry of Petroleum and Natural Gas (MoPNG).

Which high-altitude wetland in Arunachal Pradesh was officially designated as India's 101st Ramsar Site in August 2026?

Glaw Lake, situated in the Tawang district of Arunachal Pradesh.

What is the third-party liability coverage limit offered by India's first sovereign-backed P&I insurance product under the Bharat Maritime Insurance Pool (BMIP)?

Third-party liability coverage of up to $USD 1.5\,\text{billion}$ (supported by a sovereign guarantee of $Rs. 12,980\,\text{crore}$).

Where was the AI-powered high-performance supercomputing facility 'Param Pragya' inaugurated by Prime Minister Narendra Modi?

At the Indian Institute of Technology Delhi (IIT-D) Sonipat campus in Haryana.

Where was India's first indigenous non-GMO high-expansion Popcorn Maize hybrid seed launched?

At the Gourmet Popcornica facility in Musunuru, Eluru district, Andhra Pradesh.

How many total strategic defence items are included in the 6th Positive Indigenisation List (PIL) notified by the Ministry of Defence in August 2026?

A total of $405$ defence items ($389$ items of Defence Public Sector Undertakings and $16$ items of the Indian Coast Guard).

According to SEBI's proposed Credit Risk-o-Meter mapping table for debt securities, what are the color designation and HTML color code for the 'Lowest credit risk' rating (AAA)?

The color designation is Irish Green and the HTML color code is #08A04B.

What is the budgetary outlay and duration of the Mobile Phone Manufacturing Scheme (MPMS) notified by MeitY in August 2026?

A budgetary outlay of $Rs. 62,500\,\text{crore}$ across a tenure of $5\,\text{years}$ (FY27 to FY31).

What is the value of the loan approved by the Asian Development Bank (ADB) in July 2026 to support India's urban reform agenda?

A $USD 1\,\text{billion}$ loan.

Which pigeonpea variety's Telomere-to-Telomere (T2T) reference genome was developed by ICAR as the global reference genome?

Pigeonpea variety 'Asha' (Cajanus cajan L. Millsp.).

What is the revised incentive cap for electric two-wheelers (e-2W) under the amended PM E-DRIVE scheme for April 2025 to March 2028?

$Rs. 2,500\,\text{per kWh}$, capped at $Rs. 5,000\,\text{per vehicle}$.