Daily Current Affairs Quiz 18 August 2026: 20 Important MCQs

Daily Current Affairs Quiz 18th August 2026 brings you 20 important current affairs MCQs with answers and explanations for IBPS PO, IBPS Clerk, SBI PO, SBI Clerk, RBI, IBPS RRB and other banking and competitive exams. Today’s quiz covers banking, economy, government initiatives, national affairs, BRICS, SEBI and financial awareness updates.

Practice the Daily Current Affairs Quiz 18th August 2026 to revise exam-oriented news quickly and strengthen your General Awareness preparation. Every question includes the correct answer and a short explanation for faster revision.

Daily Current Affairs Quiz 18th August 2026 – 20 Important Questions

The following Daily Current Affairs Quiz 18th August 2026 questions are based on important developments relevant to banking and competitive examinations. Attempt each question before checking the answer and explanation.

Q1. The 12th BRICS Environment Ministers’ Meeting is being held in which Indian city?

1. Mumbai
2. New Delhi
3. Hyderabad
4. Bengaluru

Explanation: India is hosting the 12th BRICS Environment Ministers’ Meeting in New Delhi on 18 August 2026.

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Q2. What is the venue of the BRICS Environment meetings being hosted by India?

1. Vigyan Bhawan
2. Pragati Maidan
3. Bharat Mandapam
4. Yashobhoomi

Explanation: The BRICS Environment Working Group meetings and Environment Ministers’ Meeting are being organised at Bharat Mandapam, New Delhi.

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Q3. Who is presiding over the 12th BRICS Environment Ministers’ Meeting?

1. Piyush Goyal
2. Bhupender Yadav
3. Hardeep Singh Puri
4. Kiren Rijiju

Explanation: Union Minister for Environment, Forest and Climate Change Bhupender Yadav is presiding over the meeting.

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Q4. What is the overarching theme of India’s BRICS Chairship 2026?

1. One Earth, One Family, One Future
2. Building for Resilience, Innovation, Cooperation and Sustainability
3. Reform, Perform and Transform
4. Inclusive Growth for a Digital Future

Explanation: India’s BRICS Chairship 2026 is being conducted under the theme Building for Resilience, Innovation, Cooperation and Sustainability.

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Q5. The BRICS Environment Working Group was established in which year?

1. 2012
2. 2013
3. 2015
4. 2018

Explanation: The BRICS Environment Working Group was established in 2015.

Official Reference:

PIB – BRICS Environment Working Group Meetings

Banking and Economy Current Affairs Quiz 18th August 2026

Banking and financial awareness are especially important for SBI, IBPS, RBI and RRB examinations. The following questions cover important banking-sector developments.

Q6. PSB Confluence 2026 is being organised by which department?

1. Department of Economic Affairs
2. Department of Financial Services
3. Department of Revenue
4. Department of Expenditure

Explanation: PSB Confluence 2026 is organised by the Department of Financial Services under the Ministry of Finance.

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Q7. How many broad themes form the structure of PSB Confluence 2026?

1. Five
2. Six
3. Seven
4. Eight

Explanation: PSB Confluence 2026 has been structured around seven broad themes related to Public Sector Banks and Public Financial Institutions.

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Q8. Which of the following was one of the themes discussed at PSB Confluence 2026?

1. Deposit Mobilisation
2. Cryptocurrency Mining
3. Gold Monetisation Only
4. Bank Privatisation

Explanation: Deposit Mobilisation was among the important themes discussed during the first day of PSB Confluence 2026.

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Q9. Who announced that a high-powered committee on banking reforms for Viksit Bharat would be announced soon?

1. Amit Shah
2. Nirmala Sitharaman
3. Ashwini Vaishnaw
4. Piyush Goyal

Explanation: Union Finance Minister Nirmala Sitharaman highlighted the proposed banking reforms for Viksit Bharat.

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Q10. The proposed high-level banking committee is associated with which initiative?

1. Banking for Digital India
2. Banking for Viksit Bharat
3. Banking for Rural Bharat
4. National Banking Mission

Explanation: The proposed committee is intended to review banking-sector reforms in support of the vision of Viksit Bharat.

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Q11. Which platform was discussed for increasing youth participation in the formal financial system?

1. DigiLocker
2. MY Bharat
3. GeM
4. e-Shram

Explanation: The potential of the MY Bharat platform was discussed for greater engagement of young people with the formal financial system.

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Q12. Approximately how many registered users were reported on the MY Bharat platform?

1. 60 lakh
2. 1 crore
3. More than 2.60 crore
4. More than 10 crore

Explanation: MY Bharat was reported to have more than 2.60 crore registered users.

Official Reference:

PIB – PSB Confluence 2026

National Current Affairs Questions 18th August 2026

Q13. Who is leading the ‘Sapt Dhara of Shakti’ programme at Pusa, New Delhi?

1. Shivraj Singh Chouhan
2. Rajnath Singh
3. Dharmendra Pradhan
4. J. P. Nadda

Explanation: Union Minister for Agriculture & Farmers’ Welfare and Rural Development Shivraj Singh Chouhan is leading the programme at Pusa, New Delhi.

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Q14. The ‘Sapt Dhara of Shakti’ programme contributes towards the roadmap for Viksit Bharat by which year?

1. 2035
2. 2040
3. 2047
4. 2050

Explanation: The programme focuses on developing a roadmap for agriculture and rural development towards Viksit Bharat 2047.

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Q15. What is the new target for the number of Lakhpati Didis?

1. 4 crore
2. 5 crore
3. 6 crore
4. 10 crore

Explanation: The new target aims to increase the number of Lakhpati Didis to 6 crore.

Official Reference:

PIB – Sapt Dhara of Shakti

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Q16. India Post made its first-ever drone delivery of the Tiranga in which state?

1. Uttarakhand
2. Himachal Pradesh
3. Assam
4. Jammu and Kashmir

Explanation: India Post delivered the Tiranga by drone from Mandi Head Post Office to Rehardhar Branch Post Office in Himachal Pradesh.

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Q17. Who inaugurated India Post’s first-ever drone delivery of the Tiranga?

1. Ashwini Vaishnaw
2. Jyotiraditya M. Scindia
3. Manohar Lal
4. Jitin Prasada

Explanation: Union Minister of Communications Jyotiraditya M. Scindia inaugurated the initiative.

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Q18. India Post has planned drone-based mail transmission across how many identified routes?

1. 50
2. 75
3. 100
4. 150

Explanation: The Department of Posts has planned drone-based mail transmission across 150 identified routes in Himachal Pradesh and Assam.

Official Reference:

PIB – India Post Drone Delivery

SEBI and Regulatory Current Affairs Quiz

Q19. Which regulator released its Handbook of Statistics 2025–26?

1. RBI
2. IRDAI
3. SEBI
4. PFRDA

Explanation: The Securities and Exchange Board of India (SEBI) released its Handbook of Statistics 2025–26 on 17 August 2026.

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Q20. SEBI announced relaxation in KYC norms mainly for which category?

1. Only domestic mutual fund investors
2. Individual Persons Resident Outside India
3. Only listed companies
4. Only stock brokers

Explanation: SEBI announced KYC-related relaxations for individual Persons Resident Outside India, including NRIs, Overseas Citizens of India and foreign nationals.

Daily Current Affairs Quiz 18th August 2026 – Quick Revision

Use this quick revision table after completing the Daily Current Affairs Quiz 18th August 2026 to revise important one-liners before your banking examination.

Why Practice Daily Current Affairs Quiz 18th August 2026?

The Daily Current Affairs Quiz 18th August 2026 is useful for aspirants who want to revise important banking, economy, government and regulatory developments in MCQ format. Daily practice can help candidates identify weak areas and build a consistent General Awareness revision routine.

For banking examinations, candidates should pay particular attention to RBI and SEBI updates, banking and financial awareness, government schemes, appointments, reports, economy, national and international events. Combine daily quizzes with weekly revision and monthly current affairs notes for better retention.

Official Sources for 18th August 2026 Current Affairs

ExamTune recommends checking official government and regulatory sources for important current affairs updates. The key facts used in this quiz have been cross-checked with the following sources:

• 
  Press Information Bureau – BRICS Environment Meetings
  
• 
  Press Information Bureau – PSB Confluence 2026
  
• 
  Press Information Bureau – Sapt Dhara of Shakti
  
• 
  Press Information Bureau – India Post Drone Delivery
  
• 
  SEBI – Handbook of Statistics 2025–26
  
• 
  SEBI – KYC Norms for Persons Resident Outside India
  

Important Banking Exam Resources by ExamTune

After attempting today’s current affairs quiz, candidates can explore these ExamTune resources for their banking exam preparation:

• 
  IBPS Clerk 2026 Exam Date, Notification and Preparation
  
• 
  SBI Clerk 2026 Notification and Latest Updates
  
• 
  IBPS PO 2026 Exam Analysis and Trends
  
• 
  IBPS RRB Clerk 2026 Apply Online and Exam Date
  
• 
  IBPS Clerk Vacancy 2026
  
• 
  IBPS Clerk Cut Off 2026
  

FAQs on Daily Current Affairs Quiz 18th August 2026

1. What is the Daily Current Affairs Quiz 18th August 2026?

The Daily Current Affairs Quiz 18th August 2026 is a set of 20 important current affairs MCQs with answers and explanations prepared for banking and competitive exam aspirants.

2. Is the 18th August 2026 Current Affairs Quiz useful for banking exams?

Yes. The quiz covers banking, economy, government initiatives, SEBI, national affairs and other topics useful for IBPS, SBI, RBI and RRB examinations.

3. How many questions are included in this current affairs quiz?

This quiz contains 20 current affairs MCQs along with answers and short explanations.

4. Which exams can I prepare for using this quiz?

The quiz can be useful for IBPS PO, IBPS Clerk, SBI PO, SBI Clerk, IBPS RRB, RBI, NABARD, Insurance, SSC and other competitive examinations.

5. Are answers and explanations provided for all questions?

Yes. Every question includes the correct answer and a concise explanation for quick revision.

6. Which topics are covered in the 18th August 2026 Current Affairs Quiz?

Important topics include banking and economy, BRICS, government initiatives, national affairs, SEBI and financial awareness.

7. How many current affairs MCQs should banking aspirants practise daily?

Aspirants can practise around 15–30 quality MCQs daily and revise incorrect answers regularly.

8. Is current affairs important for IBPS and SBI Mains?

Yes. General and Financial Awareness is an important area in major banking Main examinations, making consistent current affairs revision useful for aspirants.

9. Can I download the 18th August 2026 Current Affairs PDF?

If the PDF download box is available on this page, candidates can download the current affairs quiz PDF and use it for offline revision.

10. What is the best way to revise current affairs for banking exams?

Combine daily MCQ practice with weekly revision, monthly current affairs notes, banking awareness and General Awareness mock tests. Revisit incorrect questions frequently to improve retention.

Frequently Asked Questions

What is the Daily Current Affairs Quiz 18th August 2026?

The Daily Current Affairs Quiz 18th August 2026 is a practice set of important current affairs MCQs with answers and explanations for banking and competitive exam aspirants.

Is the Daily Current Affairs Quiz 18th August 2026 useful for banking exams?

Yes, this quiz is useful for IBPS PO, IBPS Clerk, SBI PO, SBI Clerk, IBPS RRB, RBI, NABARD, Insurance and other banking examinations.

How many questions are included in the 18th August 2026 Current Affairs Quiz?

This quiz includes 20 important current affairs MCQs covering banking, economy, government schemes, national and international affairs, SEBI and other important topics.

Are answers and explanations provided with the quiz?

Yes, every question in the Daily Current Affairs Quiz 18th August 2026 includes the correct answer along with a short explanation for quick revision.

Which topics are covered in the 18th August 2026 Current Affairs Quiz?

The quiz covers banking awareness, economy, government schemes, national affairs, international affairs, SEBI updates, financial awareness and sports current affairs.

Is this current affairs quiz helpful for SBI and IBPS exams?

Yes, candidates preparing for SBI Clerk, SBI PO, IBPS Clerk, IBPS PO and IBPS RRB can use this quiz for General Awareness and Current Affairs preparation.

How should I prepare current affairs for banking exams?

Candidates should practise daily current affairs quizzes, revise weekly, read monthly current affairs notes or PDFs and attempt General Awareness mock tests regularly.

Can I download the Daily Current Affairs Quiz 18th August 2026 PDF?

Yes, if the PDF download option is available on the post, candidates can download the Daily Current Affairs Quiz 18th August 2026 PDF for revision.

How many current affairs questions should I practise daily?

Banking aspirants should ideally practise around 15 to 30 current affairs MCQs daily and revise the explanations of incorrect answers.