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Current Affairs 1st July 2026 : Daily GK Update in English

On 01 Jul 2026 ยท Category Daily Current Affairs

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Current Affairs 1st July 2026 : Daily GK Update in English

1. On what date did India celebrate the 9th anniversary of the Goods and Services Tax (GST) implementation?  

A) June 30, 2026  
B) July 1, 2026  
C) July 2, 2026  
D) June 29, 2026  

Answer: B  

Explanation:
India marked nine years of GST (launched on July 1, 2017) on July 1, 2026. 

2. Which global event is India participating in with Sweden as a partner?

A) Venus Orbiter Mission 'Shukrayaan'
B) Chandrayaan-4
C) Gaganyaan crewed mission
D) Mars Orbiter Mission-2

Answer: A

Explanation:
Sweden joins India's Venus Orbiter Mission.


3. Who became India's 97th Chess Grandmaster in late June 2026?  

A) Gukesh D  
B) Harshavardhan G.B.  
C) Praggnanandhaa R  
D) Arjun Erigaisi  

Answer: B  

Explanation:
Harshavardhan G.B. achieved his final GM norm at the 2nd Chola Chess GM Norm Round Robin Tournament (6.5/9, unbeaten), crossing 2500 Elo.

4. What major merger was approved by the boards of PFC and REC Limited on June 30, 2026?  

A) Merger into a single power financing entity  
B) Merger with SBI  
C) Merger with NTPC  
D) Merger with IREDA  

Answer: A  

Explanation:
The merger (under Companies Act sections 230-232) creates a combined loan book > โ‚น11 lakh crore, with PFC shareholders receiving shares in exchange.

5. Which initiative was launched at the Rashtriya Gramin Vikas Sammelan 2026 for rural women SHGs?  

A) SARAS Shakti Collection and Coffee Table Book  
B) Digital India Rural Scheme  
C) PM Kisan Drone Yojana  
D) Lakhpati Didi App  

Answer: A  

Explanation:
The Ministry of Rural Development launched these to promote SHG products in institutional markets, supporting the goal of 6 crore Lakhpati Didis by 2029.

6. What significant political change occurred in South Korea on July 1, 2026?  

A) New Prime Minister Han Seong-sook took office  
B) Presidential elections were held  
C) Parliament was dissolved  
D) King was crowned  

Answer: A  

Explanation:
Outgoing PM Kim Min-seok stepped down after approval of successor Han Seong-sook under the Cabinet of Lee Jae-myung.

7. What was the rainfall deficit in India for June 2026, described as the driest in over a century?  

A) 20% below average  
B) 39.8% below average  
C) 15% above average  
D) Normal rainfall  

Answer: B  

Explanation:
Nationwide rainfall was only 99.5 mm (late onset and stalls affected central India). IMD forecasts below-normal July rains.

8. Where was the GCC Conclave on Innovation 2026 held?  

A) New Delhi  
B) Bengaluru  
C) Mumbai  
D) Hyderabad  

Answer: B  

Explanation:
NITI Aayog’s AIM and STPI organized it to link GCCs (over 2,100 in India, ~USD 100 bn revenue) with the startup ecosystem.

9. Which health initiative's operational guidelines were unveiled by the Union Health Ministry around July 1, 2026?  

A) National Ambulance Services 2026  
B) Ayushman Bharat expansion only  
C) TB-free India 2030  
D) Universal Health Coverage  

Answer: A  

Explanation:
Guidelines standardize emergency medical transport alongside other digital health tools like Aarogya Setu 2.0.

10. What reform was implemented in GST 2.0 (effective from September 2025)?  

A) Primarily two tax slabs of 5% and 18%  
B) Single 12% slab  
C) Removal of all cesses  
D) Only state-level taxation  

Answer: A  

Explanation:
Streamlined structure with 40% on luxury/sin goods; higher thresholds for registration and composition schemes.

11. What was launched by MoSPI on Statistics Day (July 1, 2026)?  

A) Four SDG progress reports  
B) New GDP series  
C) Unemployment White Paper  
D) Census 2026 preliminary data  

Answer: A  

Explanation:
To track India’s Sustainable Development Goals.

12. In which state was a new natural gas reserve discovered, as highlighted in July 2026 current affairs compilations?  

A) Gujarat  
B) Rajasthan  
C) Maharashtra  
D) Andhra Pradesh  

Answer: B  

Explanation:
The discovery adds to India’s energy security efforts and was noted in monthly current affairs magazines.

13. What is the primary purpose of the JANANI Digital Platform?  

A) Maternal and Child Health tracking  
B) Agricultural loan distribution  
C) Digital education for rural areas  
D) E-commerce for SHGs  

Answer: A  

Explanation:
It supports integrated maternal, newborn, and child healthcare, including tracking under initiatives like SSBSK.

14. What notable achievement did India record in the UN SDG Index around mid-2026?  

A) Highest-ever rank  
B) Lowest rank in Asia  
C) No change in ranking  
D) Dropped out of top 50  

Answer: A  

Explanation:
MoSPI released SDG publications on Statistics Day (July 1, 2026), highlighting progress.

15. When and where did the FIFA World Cup 2026 begin?  

A) June 11, 2026, in North America  
B) July 1, 2026, in Europe  
C) May 2026, in South America  
D) August 2026, in Asia  

Answer: A  

Explanation:
The tournament (hosted by North America) runs for about six weeks, with the final on July 19.

16. What major disaster struck northwestern Venezuela in June 2026?  

A) Pair of powerful earthquakes (7.2 and 7.5)  
B) Category 5 hurricane  
C) Volcanic eruption  
D) Massive tsunami  

Answer: A  

Explanation:
It caused widespread damage, building collapses, and significant casualties (over 1,400 confirmed dead).

17. What is Project BRAHMANK associated with?  

A) Border Roads Organisation (BRO) raising day in Arunachal Pradesh  
B) A new missile project  
C) A river-linking initiative  
D) A space mission  

Answer: A  

Explanation:
It celebrated its 16th raising day around early July 2026.

18. What chatbot was launched for PM-JAY services?  

A) Ayushman Sarathi WhatsApp chatbot  
B) Arogya Mitra App  
C) Health Connect Portal  
D) Jan Aushadhi Bot  

Answer: A  

Explanation:
It facilitates easier access to Ayushman Bharat services.

19. What does e-Sushrut@Clinic HMIS target?  

A) Small clinics and healthcare facilities  
B) Large corporate hospitals only  
C) Veterinary services  
D) Pharmaceutical supply chain  

Answer: A  

Explanation:
Launched by C-DAC for digitizing small clinics.

20. Which ongoing regional crisis involves the Strait of Hormuz?  

A) Fuel and shipping disruptions linked to Iran-related tensions  
B) South China Sea dispute  
C) Red Sea shipping attacks  
D) Panama Canal blockage  

Answer: A  

Explanation:
It is listed among ongoing economic and geopolitical challenges.

21. In the context of South Korea politics (July 1, 2026), who succeeded as Prime Minister?  

A) Han Seong-sook  
B) Lee Jae-myung (as PM)  
C) Yoon Suk-yeol  
D) Kim Min-seok (retained)  

Answer: A  

Explanation:
Approved following the outgoing PM’s departure under President Lee Jae-myung’s cabinet.

22. What upcoming election was scheduled for July 2, 2026?  

A) Algeria People’s National Assembly  
B) French Presidential  
C) UK General  
D) US Midterms  

Answer: A  

Explanation:
Part of July 2026 election calendar.

23. What major merger aims to create a government NBFC with a massive loan book?  

A) PFC and REC Limited  
B) SBI and PNB  
C) ONGC and IOC  
D) BHEL and BEL  

Answer: A  

Explanation:
Approved June 30, 2026; combined entity to maintain government control.

24. What is the target number of Lakhpati Didis under DAY-NRLM by 2029?  

A) 6 crore  
B) 1 crore  
C) 10 crore  
D) 2 crore  

Answer: A  

Explanation:
Supported by initiatives like SARAS Shakti at the Rashtriya Gramin Vikas Sammelan.

25. Which health program integrates risk-stratified care for at-risk newborns and children up to 36 months?  

A) Samagra Shishu Bal Swasthya Karyakram (SSBSK)  
B) POSHAN 2.0 only  
C) Ayushman Bharat exclusively  
D) National TB Elimination  

Answer: A  

Explanation:
Focuses on continuum of care, ECD, and digital integration.

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