Welcome to the 30 March 2026 Current Affairs Quiz by Cosmo Classes. This daily quiz brings you the top 10 most important current affairs questions in English with the correct answer and a detailed, in-depth explanation for each. Click the SHOW ANSWER button below every question to reveal the answer along with a complete explanation. These questions are highly useful for UPSC, SSC, Banking, Railway, State PCS and all other competitive examinations.
Monday, 30 March 2026 – Current Affairs Quiz (English)
1
What is the estimated fiscal deficit for the financial year 2026-27?
(A) 3.5%
(B) 4.3%
(C) 4.8%
(D) 5.2%
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✔ Correct Answer: (B) 4.3%
Explanation: The estimated fiscal deficit for the financial year 2026-27 is 4.3%. The fiscal deficit is the difference between the government's total expenditure and its total revenue (excluding borrowings), expressed as a percentage of GDP. It is a key indicator of the government's financial health and borrowing needs. The government aims to follow a path of fiscal consolidation. Fiscal deficit figures and budget-related data are important topics in the economy section of current affairs.
2
In addition to the Treasurer and the Treasurer of the United States, whose signature will appear on US dollar notes for the first time?
(A) Vice President
(B) Federal Reserve Chairman
(C) Chief Justice
(D) President of the United States
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✔ Correct Answer: (D) President of the United States
Explanation: For the first time, the signature of the President of the United States will appear on US dollar notes, in addition to those of the Treasurer and the Treasurer of the United States. This is a notable departure from the traditional practice. Changes in currency design and signatory practices in major economies are interesting current-affairs items, useful for the general-awareness and international-affairs sections of competitive examinations.
3
Sushila Karki recently resigned from the post of the first woman Prime Minister of which country?
(A) Nepal
(B) Bangladesh
(C) Sri Lanka
(D) Bhutan
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✔ Correct Answer: (A) Nepal
Explanation: Sushila Karki recently resigned from the post of the first woman Prime Minister of Nepal. Her appointment as the first woman to hold the post was a historic milestone for gender representation in Nepal's politics. Political developments in neighbouring countries, including changes in leadership and 'firsts', are an important part of the international-affairs section of current affairs and are relevant for competitive exam preparation.
4
A massive 'hidden ocean' discovered about 700 km below the Earth's surface is mainly located in which layer of the Earth?
(A) Crust
(B) Outer Core
(C) Mantle
(D) Lithosphere
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✔ Correct Answer: (C) Mantle
Explanation: A massive 'hidden ocean' discovered about 700 km below the Earth's surface is mainly located in the mantle. The water is locked within a mineral called ringwoodite in the Earth's mantle, suggesting vast reserves of water deep inside the planet. This discovery has significant implications for understanding the Earth's water cycle and geology. Scientific discoveries related to the Earth's structure and geology are commonly featured in the science and current-affairs sections of exams.
5
The experimental vaccine VLA15, developed by Pfizer and Valneva, has shown more than 70% efficacy in late-stage clinical trials for which disease?
(A) Lyme disease
(B) Malaria
(C) Tuberculosis
(D) COVID-19
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✔ Correct Answer: (A) Lyme disease
Explanation: The experimental vaccine VLA15, developed by Pfizer and Valneva, has shown more than 70% efficacy in late-stage clinical trials for Lyme disease. Lyme disease is a bacterial infection transmitted to humans through the bite of infected ticks. The development of an effective vaccine is a significant medical advancement. Breakthroughs in vaccines and treatments for diseases are commonly featured in the science, health and current-affairs sections of competitive examinations.
6
Under the new television rating policy, the minimum net worth requirement for TV rating agencies has been reduced from ₹20 crore to how much?
(A) ₹1 crore
(B) ₹2 crore
(C) ₹5 crore
(D) ₹10 crore
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✔ Correct Answer: (C) ₹5 crore
Explanation: Under the new television rating policy, the minimum net worth requirement for TV rating agencies has been reduced from ₹20 crore to ₹5 crore. This reduction aims to encourage more players to enter the television audience measurement sector, promoting competition and transparency in TV ratings. Policy changes related to media, broadcasting and ratings are relevant for the current-affairs and governance sections of competitive exams, reflecting regulatory developments in the sector.
7
NASA has launched a mission to prevent which old observatory from falling out of orbit?
(A) Hubble Space Telescope
(B) Neil Gehrels Swift Observatory
(C) Chandra X-ray Observatory
(D) Spitzer Space Telescope
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✔ Correct Answer: (B) Neil Gehrels Swift Observatory
Explanation: NASA has launched a mission to prevent the Neil Gehrels Swift Observatory from falling out of orbit. The Swift Observatory is a space-based observatory designed to detect and study gamma-ray bursts and other high-energy phenomena. Maintaining the orbit of valuable space assets ensures the continuation of important scientific observations. Space missions and developments related to observatories and telescopes are commonly featured in the science and technology section of current affairs.
8
Which country has introduced the world's first freight-only high-speed Shinkansen for cargo transport?
(A) Germany
(B) China
(C) France
(D) Japan
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✔ Correct Answer: (D) Japan
Explanation: Japan has introduced the world's first freight-only high-speed Shinkansen for cargo transport. The Shinkansen, Japan's famous bullet train network, is renowned for its speed, safety and punctuality. Adapting it for dedicated freight transport is an innovative step to improve logistics efficiency. Developments in high-speed rail and transport technology are relevant for the science, technology and current-affairs sections of competitive examinations, reflecting global infrastructure advancements.
9
Under the Pradhan Mantri Shram Yogi Maandhan (PM-SYM) scheme, what fixed monthly pension is guaranteed to unorganised sector workers after the age of 60?
(A) ₹2,000
(B) ₹3,000
(C) ₹5,000
(D) ₹4,000
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✔ Correct Answer: (B) ₹3,000
Explanation: Under the Pradhan Mantri Shram Yogi Maandhan (PM-SYM) scheme, a fixed monthly pension of ₹3,000 is guaranteed to unorganised sector workers after the age of 60. PM-SYM is a voluntary, contributory pension scheme aimed at providing social security to workers in the unorganised sector. Government welfare and pension schemes, their benefits and eligibility are important topics in the economy, polity and current-affairs sections of competitive exams.
10
Which journalist won the Ramnath Goenka Award 2026 in the Broadcast/Digital (Hindi) category?
(A) Sarvapriya Sangwan
(B) Awadhesh Akodia
(C) Shreya Chatterjee
(D) Muhammad Sabit
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✔ Correct Answer: (A) Sarvapriya Sangwan
Explanation: Sarvapriya Sangwan won the Ramnath Goenka Award 2026 in the Broadcast/Digital (Hindi) category. The Ramnath Goenka Excellence in Journalism Awards are among the most prestigious honours in Indian journalism, recognising outstanding work across various categories. Awards in the field of journalism and their recipients are commonly featured in current affairs and are relevant for the awards and general-awareness sections of competitive examinations.
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