Current Affairs 7th July 2026 : Daily GK Update in English
1. What was a key outcome of the 16th India-Japan Annual Summit?
A) Strengthened bilateral ties in various sectors
B) New trade war declaration
C) Joint space mission cancellation
D) Defence pact revocation
Answer: A) Strengthened bilateral ties in various sectors
Explanation: Held with Japanese PM Sanae Takaichi.
2. Kotak Mahindra Bank announced acquisition of which business from Deutsche Bank for Rs 281.7 crore?
A) India retail, private banking, and wealth management
B) Corporate lending arm
C) Insurance subsidiary
D) Asset management
Answer: A) India retail, private banking, and wealth management
Explanation: Expected completion by September 2027.
3. Which programme completed 11 years on July 1, 2026, with a renewed focus on AI and semiconductors?
A) Make in India
B) Digital India
C) Skill India
D) Startup India
Answer: B) Digital India
Explanation: Launched on July 1, 2015, it has significantly improved internet access and affordability while expanding into emerging tech areas.
4. MoSPI released which key publications on Statistics Day (June 29, 2026) highlighting SDG progress?
A) SDGs – National Indicator Framework Progress Report 2026
B) Only economic survey
C) Defence white paper
D) Census preliminary data
Answer: A) SDGs – National Indicator Framework Progress Report 2026
Explanation: Multiple reports under NIF with 277 indicators.
5. Which bank partnered with Japan’s Mizuho Bank for M&A financing collaboration in July 2026?
A) SBI
B) Bank of Baroda (BoB)
C) HDFC Bank
D) ICICI Bank
Answer: B) Bank of Baroda (BoB)
Explanation: The partnership focuses on acquisition finance, syndication, and related services.
6. PM Narendra Modi visited which two states on July 4, 2026, to inaugurate development projects?
A) UP and Bihar
B) Rajasthan and Gujarat
C) Maharashtra and Karnataka
D) Tamil Nadu and Kerala
Answer: B) Rajasthan and Gujarat
Explanation: Key projects included Jodhpur Airport terminal and multiple infrastructure initiatives worth over Rs 1 lakh crore.
7. Who became the first Indian to win the Russia Grand Sand Master Cup 2026?
A) Sudarsan Pattnaik (sand artist from Odisha)
B) A cricket player
C) A tennis player
D) A wrestler
Answer: A) Sudarsan Pattnaik (sand artist from Odisha)
Explanation: Recognized for exceptional contribution to sand art.
8. Which international maritime exercise did the Indian Navy participate in during June-July 2026 in Hawaii?
A) MALABAR
B) RIMPAC 2026
C) TROPEX
D) VARUNA
Answer: B) RIMPAC 2026
Explanation: The 30th edition emphasized interoperability in the Indo-Pacific under the theme “Partners: Integrated and Prepared.”
9. What significant acquisition involving Royal Challengers Bengaluru (RCB) was cleared by CCI in July 2026?
A) Aditya Birla Group-led consortium buyout
B) Reliance acquisition
C) Tata Group purchase
D) Foreign investor takeover
Answer: A) Aditya Birla Group-led consortium buyout
Explanation: The Rs 16,660 crore all-cash deal for the IPL franchise was one of the largest in sports.
10. Which state secured GI tags for products like Chamba Metal Art and Kinnauri Jewellery in July 2026?
A) Himachal Pradesh
B) Uttarakhand
C) Jammu & Kashmir
D) Sikkim
Answer: A) Himachal Pradesh
Explanation: Eight new tags, boosting cultural identity and economy.
11. Which scheme completed more than 10 years in 2026, benefiting over 27 million farmers?
A) PM-KISAN
B) Pradhan Mantri Krishi Sinchayee Yojana (PMKSY)
C) PM Fasal Bima Yojana
D) Soil Health Card
Answer: B) Pradhan Mantri Krishi Sinchayee Yojana (PMKSY)
Explanation: It created/restored irrigation potential across millions of hectares.
12. Who was appointed as part-time Chairman of HDFC Bank in July 2026?
A) Ravi Shankar
B) Rajiv Kumar (former CEC)
C) JP Nadda
D) Piyush Goyal
Answer: B) Rajiv Kumar (former CEC)
Explanation: He succeeds interim leadership with a 3-year term.
13. What was the theme of the International Day of Cooperatives observed on July 4, 2026?
A) Cooperatives for Sustainable Development
B) Cooperatives for a Peaceful World
C) Digital Cooperatives
D) Green Cooperatives
Answer: B) Cooperatives for a Peaceful World
Explanation: It marked the 104th observance on the first Saturday of July.
14. Which platform was launched by OPSA in partnership with DSCI for technology assessment?
A) TRL Compass
B) Digital India Hub
C) AI Mission Portal
D) Startup Radar
Answer: A) TRL Compass
Explanation: It standardizes Technology Readiness Levels for public funding and innovation.
15. PM Modi was honoured with which title during his visit to Seychelles in late June 2026?
A) Guardian of the Blue Horizon
B) Order of the Rising Sun
C) Legion of Honour
D) Bharat Ratna equivalent
Answer: A) Guardian of the Blue Horizon
Explanation: Seychelles' highest distinction for environmental leadership.
16. Which country’s cargo vessel HMM Namu was scheduled to exit the Strait of Hormuz in mid-July 2026 after repairs?
A) China
B) South Korea
C) Japan
D) India
Answer: B) South Korea
Explanation: It was damaged in an earlier attack amid regional tensions.
17. What major agreement between India and UK was set to come into force on July 15, 2026?
A) CETA (Comprehensive Economic and Trade Agreement)
B) Defence Pact
C) Climate Accord
D) Education Exchange
Answer: A) CETA (Comprehensive Economic and Trade Agreement)
Explanation: Piyush Goyal’s visit focused on its implementation.
18. How many new GI tags did Himachal Pradesh secure in July 2026, taking the total to 17?
A) 5
B) 8
C) 10
D) 12
Answer: B) 8
Explanation: Products included Seabuckthorn, Kinnauri Apple, etc.
19. Which ministry signed an MoU with Google India for digital tourism promotion?
A) Ministry of Tourism
B) MeitY
C) Ministry of Culture
D) Ministry of External Affairs
Answer: A) Ministry of Tourism
Explanation: It leverages AI and data insights under Incredible India.
20. What is a notable Indian achievement in para-sports rankings in 2026?
A) Hokato Hotozhe Sema topping Shot Put F57
B) Chess grandmaster title sweep
C) Cricket World Cup win
D) Formula 1 podium
Answer: A) Hokato Hotozhe Sema topping Shot Put F57
Explanation: Recognition for the athlete from Nagaland.
21. Which organization approved DWS Group’s stake in Nippon Life India AIF?
A) RBI
B) CCI
C) SEBI
D) IRDAI
Answer: B) CCI
Explanation: Along with the RCB acquisition clearance.
22. What is PM Family Care Tracker (PM-FCT) primarily for?
A) Monitoring child health, nutrition, and welfare from pregnancy to 18 years
B) Tracking adult employment
C) Digital tax filing
D) Railway passenger management
Answer: A) Monitoring child health, nutrition, and welfare from pregnancy to 18 years
Explanation: Launched by Amit Shah in Gujarat pilot.
23. India hosted the BRICS Anti-Drug Agencies meeting in which city on July 6-7, 2026?
A) New Delhi
B) Guwahati
C) Mumbai
D) Bengaluru
Answer: B) Guwahati
Explanation: Led by NCB on synthetic drugs and related issues.
24. Cabinet approved additional Rs 30,000 crore investment in which fund, doubling commitment to Rs 60,000 crore?
A) NIIF (National Investment and Infrastructure Fund)
B) PM CARES
C) Sovereign Wealth Fund
D) Green Energy Fund
Answer: A) NIIF (National Investment and Infrastructure Fund)
Explanation: For Infrastructure Fund II and related sectors.
25. Which two banks collaborated with NPCI for real-time FX settlement in cross-border UPI?
A) HSBC India and JP Morgan
B) SBI and BoB
C) HDFC and ICICI
D) Axis and Kotak
Answer: A) HSBC India and JP Morgan
Explanation: To enhance international UPI experience.