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Current Affairs 8th August 2026 : Daily GK Update in English

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Current Affairs 8th August 2026 : Daily GK Update in English

1. What was the estimated retail inflation rate in India for July 2026 according to a Reuters poll?

A) 3.50%
B) 4.00%
C) 4.50%
D) 5.50%

Answer: C) 4.50%

Explanation:
A Reuters poll estimated that India's consumer inflation rose to about 4.50% in July 2026, mainly because of higher food prices.

2. What is the RBI's medium-term inflation target?

A) 3%
B) 4%
C) 5%
D) 6%

Answer: B) 4%

Explanation:
The Reserve Bank of India has a medium-term CPI inflation target of 4%, with a tolerance band of 2%–6%.

3. Which component was mainly responsible for the rise in India's July 2026 inflation?

A) Food prices
B) Gold prices
C) IT services
D) Housing rents

Answer: A) Food prices

Explanation:
Rising food prices, partly linked to uneven rainfall and disruption to agricultural output, were identified as a major reason for the increase in inflation.

4. Which policy framework is India currently reviewing to attract more foreign investment?

A) GST framework
B) Bilateral Investment Treaty model
C) Foreign Trade Policy
D) Insolvency Code

Answer: B) Bilateral Investment Treaty model

Explanation:
India is reviewing its Model Bilateral Investment Treaty (BIT) to make the investment framework more attractive to foreign investors.

5. What was India's net FDI inflow in the year ending March 2026, according to the Reuters report?

A) $5.7 billion
B) $7.7 billion
C) $17.7 billion
D) $27.7 billion

Answer: B) $7.7 billion

Explanation:
India recorded net FDI of about $7.7 billion in the year ending March 2026, prompting efforts to improve the investment environment.

6. Which two countries held the 36th meeting of their Joint Working Mechanism on border issues in August 2026?

A) India and Nepal
B) India and Bhutan
C) India and China
D) India and Myanmar

Answer: C) India and China

Explanation:
The 36th meeting of the India-China Joint Working Mechanism was held in New Delhi, with discussions focusing on border management and maintaining peace and tranquillity.

7. What did India and China emphasize as essential for improving bilateral relations?

A) Space cooperation
B) Border peace and tranquillity
C) Tourism promotion
D) Currency cooperation

Answer: B) Border peace and tranquillity

Explanation:
India emphasized that maintaining peace and tranquillity along the border is essential for the broader development of India-China relations.

8. How many locations and geographical features in Arunachal Pradesh were officially standardized in August 2026?

A) 17
B) 21
C) 27
D) 32

Answer: C) 27

Explanation:
On 7 August 2026, the Ministry of Home Affairs standardized the names of 27 locations and geographical features in Arunachal Pradesh.

9. Which organization incorporated the standardized Arunachal Pradesh names into official national maps?

A) ISRO
B) Survey of India
C) DRDO
D) Geological Survey of India

Answer: B) Survey of India

Explanation:
The Survey of India, the country's national mapping agency, incorporated the standardized names into official maps.

10. The Survey of India functions under which department?

A) Department of Space
B) Department of Science and Technology
C) Department of Home Affairs
D) Department of Earth Sciences

Answer: B) Department of Science and Technology

Explanation:
The Survey of India functions under the Department of Science and Technology.

11. Which important day was observed in India on 7 August 2026?

A) National Handloom Day
B) National Textile Day
C) National MSME Day
D) National Crafts Day

Answer: A) National Handloom Day

Explanation:
National Handloom Day was observed on 7 August to celebrate India's handloom heritage and honour the country's weavers.

12. National Handloom Day commemorates which historic movement?

A) Quit India Movement
B) Swadeshi Movement
C) Civil Disobedience Movement
D) Non-Cooperation Movement

Answer: B) Swadeshi Movement

Explanation:
National Handloom Day commemorates the launch of the Swadeshi Movement on 7 August 1905, which promoted indigenous products and self-reliance.

13. According to the Fourth All-India Handloom Census, approximately what percentage of handloom workers are women?

A) 52.3%
B) 62.3%
C) 72.3%
D) 82.3%

Answer: C) 72.3%

Explanation:
The Fourth All-India Handloom Census recorded women as approximately 72.3% of India's handloom workforce, highlighting the sector's importance for women's employment.

14. Which bill aimed at improving payment recovery for MSMEs was passed by the Lok Sabha on 8 August 2026?

A) MSME Development (Amendment) Bill, 2026
B) Startup India Bill, 2026
C) Companies (Amendment) Bill, 2026
D) Small Traders Bill, 2026

Answer: A) MSME Development (Amendment) Bill, 2026

Explanation:
The Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026 was passed by the Lok Sabha, focusing on delayed payments and faster dispute resolution for MSMEs.

15. What is the main issue addressed by the MSME Development (Amendment) Bill, 2026?

A) Export restrictions
B) Delayed payments
C) Income tax rates
D) Import duties

Answer: B) Delayed payments

Explanation:
The bill seeks to improve the financial health and liquidity of MSMEs by addressing delayed payments and strengthening recovery mechanisms.

16. How many infrastructure projects valued at approximately โ‚น18 lakh crore were being evaluated by the Network Planning Group?

A) 196
B) 296
C) 396
D) 496

Answer: C) 396

Explanation:
The Network Planning Group was reported to be evaluating 396 infrastructure projects worth around โ‚น18 lakh crore.

17. How many electric vehicle charging stations were reported in India?

A) 32,718
B) 42,718
C) 52,718
D) 62,718

Answer: C) 52,718

Explanation:
The latest parliamentary update cited approximately 52,718 EV charging stations across India.

18. Which country submitted a detailed proposal to India for 114 Rafale fighter jets?

A) Germany
B) France
C) Russia
D) United Kingdom

Answer: B) France

Explanation:
France submitted a detailed technical and commercial proposal to India for the acquisition of 114 Rafale fighter jets, estimated at around โ‚น3.25 lakh crore.

19. How many Rafale fighter jets are proposed to be manufactured in India under the reported plan?

A) 54
B) 74
C) 84
D) 94

Answer: D) 94

Explanation:
Reports indicate that 94 of the proposed 114 Rafale jets could be manufactured in India with an Indian industry partner.

20. India has also begun efforts to join which French-led next-generation fighter aircraft programme?

A) Eurofighter Programme
B) Future Combat Air System (FCAS)
C) F-35 Programme
D) Tempest Programme

Answer: B) Future Combat Air System (FCAS)

Explanation:
India has begun efforts to participate in the French-led Future Combat Air System (FCAS) sixth-generation fighter programme, strengthening India-France defence cooperation.

21. Who resigned as Chairman of the Karnataka Legislative Council on 7 August 2026?

A) Saleem Ahmed
B) Basavaraj Horatti
C) M.K. Pranesh
D) N. S. Boseraju

Answer: B) Basavaraj Horatti

Explanation:
Basavaraj Horatti resigned as Chairman of the Karnataka Legislative Council on 7 August 2026.

22. Who was reported as the Congress nominee to succeed Basavaraj Horatti as Chairman?

A) Saleem Ahmed
B) D.K. Shivakumar
C) N. S. Boseraju
D) G. Parameshwara

Answer: A) Saleem Ahmed

Explanation:
Senior Congress MLC Saleem Ahmed was nominated for the Chairman's post following Horatti's resignation.

23. Who is the first woman Director General of CSIR?

A) N. Kalaiselvi
B) Tessy Thomas
C) Ritu Karidhal
D) Gagandeep Kang

Answer: A) N. Kalaiselvi

Explanation:
Dr. N. Kalaiselvi became the first woman to head the Council of Scientific and Industrial Research (CSIR). Her tenure was extended until 28 February 2027.

24. Which cricket league was scheduled to conclude on 8 August 2026?

A) Indian Premier League
B) Lanka Premier League
C) Pakistan Super League
D) Bangladesh Premier League

Answer: B) Lanka Premier League

Explanation:
The sixth edition of the Lanka Premier League (LPL) 2026 was scheduled from 17 July to 8 August, with the final on 8 August.

25. Which city is hosting the final of the Lanka Premier League 2026?

A) Kandy
B) Galle
C) Colombo
D) Jaffna

Answer: C) Colombo

Explanation:
The LPL 2026 final was scheduled to be played at the R. Premadasa Stadium in Colombo on 8 August 2026.

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