February 2026 (2nd week) Current affairs Practice Questions: Leave a Comment / Daily Current Affairs / By vanikrishna1796@gmail.com Current affairs Practice Questions1. Defence Acquisition Council (DAC) cleared 114 Rafale jets in Feb 2026. Who chairs DAC? Defence Minister Prime Minister CDS NSADefence Acquisition Council (DAC) is India’s highest decision-making body within the Ministry of Defence for capital acquisitions and new procurement policies for the Indian Armed Forces and Indian Coast GuardChaired by Defence Minister (Rajnath Singh), NOT Prime Minister.2. Which statement is correct about PM CARES Fund ? Set up March 2020 as Public Charitable Trust; Parliament questions not admissible Statutory body under Act of Parliament Comes under RTI Act fully Audited by CAG mandatorilyPM CARES Fund (Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund) is a public charitable trust established on 27 March 2020 to handle emergency situations, such as the COVID-19 pandemic.Trustees: Led by the Prime Minister (ex-officio Chairman), with the Ministers of Defence, Home Affairs, and Finance, and appointed eminent members.3. Which Government Securities (G-Secs) are issued by State Governments? Only dated securities (SDLs), not Treasury Bills Both T-bills and dated securities Only T-bills NoneGovernment Securities (G-Secs) are debt instruments issued by governments to borrow money from the public. When State Governments issue such securities, they are specifically called State Development Loans (SDLs).State Governments in India issue State Development Loans (SDLs), which are dated securities used to raise funds for budgetary requirements and development projects. SDLs are long-term instruments managed by the Reserve Bank of India (RBI) through auctions, offering fixed interest payments, typically at half-yearly intervals4. India-Malaysia bilateral exercises include: Harimau Shakti, Samudra Laksamana, Udara Shakti Garuda Shakti only Indra and Varuna No exercisesIndia-Malaysia bilateral exercises include the annual army exercise Harimau Shakti, focusing on jungle warfare and counter-insurgency, and the naval exercise Samudra Laksamana, aimed at maritime security and interoperability. They also conduct the air force exercise Udan Shakti (first held in 2018) to enhance joint operational readiness and military cooperation.5. New CPI series with base year 2024 (released Feb 2026) – key change: Base 2024, 358 items, includes rural house rent, COICOP 2018 Base remains 2012, 299 items Only urban CPI Removes food from basketIndia’s Ministry of Statistics and Programme Implementation (MoSPI) officially released the new Consumer Price Index (CPI) series with base year from 2012 to 2024=100.Basket Expansion: The total number of items has increased from 299 to 358, including:Goods: 308 (up from 259).Services: 50 (up from 40).Food and Beverages: Weight significantly reduced to 36.75% (from 45.86%), which is expected to lower overall inflation volatility.Housing & Utilities: Weight increased to 17.67% (from 10.07%) as the category now includes water, electricity, and gas alongside rural house rent.6. Urban Challenge Fund approved Feb 2026 – corpus and structure: Rs 1 lakh cr; govt 25%, cities raise 50%+ from market Rs 10,000 cr fully grant Only for metro cities Fund for rural housingUrban Challenge Fund (UCF) is a ₹1 lakh crore Centrally Sponsored Scheme approved by the Union Cabinet. Managed by the Ministry of Housing and Urban Affairs (MoHUA), it marks a shift from grant-based financing to a market-linked, reform-driven model aimed at catalyzing nearly ₹4 lakh crore in total urban investment over the next five years.7. Vande Mataram protocol issued by MHA Feb 2026 – duration for all six stanzas: 3 minutes 10 seconds 52 seconds 1 minute 5 minutesMinistry of Home Affairs (MHA) in February 2026, the duration for the full official version of Vande Mataram, comprising all six stanzas, is approximately 3 minutes and 10 seconds.Vande Mataram (meaning “Mother, I bow to thee”) is the National Song of India, composed by Bankim Chandra Chattopadhyay. It holds a status equal to the national anthem, “Jana Gana Mana”.Origin: Written on November 7, 1875, in a mix of Sanskrit and Bengali.Literature: It was first published in the novel Anandamath (1882), which is set against the backdrop of the Sannyasi Rebellion.Freedom Struggle: It became a powerful rallying cry for freedom fighters during the Indian independence movement.First Performance: The first public rendition was by Rabindranath Tagore at the 1896 session of the Indian National Congress.Official Status: It was adopted as the National Song by the Constituent Assembly on January 24, 1950 8. What offices were shifted to the Seva Teerth complex in February 2026? Prime Minister’s Office Supreme Court Parliament RBISeva Teerth is the newly inaugurated, state-of-the-art administrative complex in New Delhi that serves as the official headquarters for the highest executive bodies of the Government of India. Key offices include: Prime Minister’s Office (PMO),Cabinet Secretariat, National Security Council Secretariat and India House.9. Which manned Moon missions are currently planned as crewed missions? Artemis II, Chang’e, Apollo 11 Artemis I and Gaganyaan Only Apollo 11 All five Artemis II (NASA, 4 astronauts around Moon, first in 50+ years, )Chang’e Project (China aims 2 astronauts by 2030)Apollo 11 (US, first crewed landing 1969).Artemis I was uncrewed test. Gaganyaan is India’s LEO mission, not Moon.India plans Moon landing by 2040 under Vision 2047.10. Special Intensive Revision (SIR) of electoral rolls – appeal authority if name dropped: District Election Officer Booth Level Officer Chief Electoral Officer Supreme Court directlyECI conducted SIR in 9 states + 3 UTs starting Oct 2025, final rolls published Feb 2026. If name on draft but missing in final, appeal within 15 days to District Election Officer (DEO), not BLO or CEO.11. Munich Security Conference – originally founded: 1963 during Cold War for Western military unity 2001 after 9/11 1945 after WWII 1991 after Soviet collapseFounded 1963 by German official Ewald-Heinrich von Kleist at peak of Cold War. Initially focused on military issues, Western countries only, to display united front vs Soviet communism. Post-Cold War expanded to climate, migration, includes Russia, India, China. EAM Jaishankar attended Feb 2026, reiterated strategic autonomy. Loading … Current affairs Practice QuestionsTo Practice February 1st week current affairs Questions, Click here