February 2026 (3rd week) Current affairs Practice Questions: Leave a Comment / Daily Current Affairs / By vanikrishna1796@gmail.com Current affairs Practice Questions1. Rare-earth permanent magnets (REPM) β states identified by government for processing plants are: Andhra Pradesh, Odisha, Gujarat, Maharashtra Only Rajasthan and MP Kerala and Karnataka only All NE statesThe Indian government has identifiedΒ Odisha, Kerala, Andhra Pradesh, and Tamil NaduΒ as key states for developing dedicated Rare Earth Corridors, aimed at establishing mining, processing, and manufacturing facilities for Rare-Earth Permanent Magnets (REPMs).This initiative supports a βΉ7,280 crore manufacturing scheme to build 6,000 MTPA capacity by 20262. Citizenship Amendment Act (CAA) 2019 applies to persecuted minorities from: Pakistan, Afghanistan, Bangladesh Pakistan, Bangladesh, Sri Lanka All neighbouring countries Only AfghanistanThe Citizenship Amendment Act (CAA) 2019 applies to persecuted religious minorities from Afghanistan, Bangladesh, and Pakistan.Specifically, it provides an accelerated pathway to Indian citizenship for undocumented migrants belonging to these six religious communities who entered India on or beforeΒ 31 December 20143. Which of the following is correct statement about World Gold Council? Formed 1987, HQ London, does not fix prices UN statutory body HQ Delhi Fixes global gold prices daily Formed 2000World Gold Council (WGC) is the market development organisation for the gold industry. Headquartered in London, it is a non-profit association comprising the world’s leading gold mining companies.4. Strait of Hormuz lies between: Oman and Iran Saudi Arabia and Iraq UAE and Qatar Kuwait and BahrainThe Strait of Hormuz is a narrow, vital waterway situated betweenΒ Iran to the northΒ and theΒ Musandam Peninsula of Oman and the United Arab Emirates (UAE) to the south. It serves as the exclusive sea passage linking the Persian Gulf with the Gulf of Oman and the Arabian Sea5. Vibrant Villages Programme β first phase launched in: Indo-China border villages Southern coastal villages Only NE states Indo-Pak border onlyThe Vibrant Villages Programme (VVP), launched in 2023, aims to develop border villages, improving infrastructure and stemming migration. The first phase focuses on 662β663 prioritized villages in Arunachal Pradesh, Sikkim, Uttarakhand, Himachal Pradesh, and Ladakh, with a budgetary outlay of βΉ4,800 crore up to 2025-266. Orange Economy refers to: Creative industries based on IP and culture Orange fruit cultivation Petroleum economy Steel industryThe Orange Economy, or “creative economy,” refers to sectors driven by individual creativity, skill, and intellectual property that generate economic value through cultural goods and services. It encompasses industries like media, gaming, design, fashion, and arts, turning ideas into revenue, jobs, and cultural impact7. PM RAHAT SchemeΒ likely relates to: Road accident victims Space mission Education loan Agriculture exportTheΒ PM-RAHAT (Prime Ministerβs Road Accident Victimsβ Hospitalisation and Assured Treatment) scheme is a central government initiative launched Β to provide immediate, cashless medical treatment to road accident victims8. Startup India Fund of Funds 2.0 β purpose: Provide capital to VC funds investing in startups Direct loans to farmers Housing subsidy Foreign aidΒ Startup India Fund of Funds 2.0 (FoF 2.0), with a βΉ10,000 crore corpus,Β aims to accelerate India’s startup ecosystem by providing long-term capital to early-growth, deep-tech, and innovation-led manufacturing ventures. It focuses on bridging funding gaps, nurturing innovation beyond metro cities, and strengthening the domestic venture capital ecosystem.9. CBDC-based PDS mentioned recently in newsβ refers to: Using Digital Rupee for ration distribution Cashless toll Crypto mining Stock tradingCBDC-based Public Distribution System (PDS) launched for the introduction of Central Bank Digital Currency (Digital Rupee/eβΉ) for food subsidy distribution under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), aimed at making ration distribution in India more transparent and efficient10. Brahmaputra underwater tunnel β significance: First underwater road-rail tunnel in India For water diversion only In Kerala For oil pipelineBrahmaputra underwater tunnel project is Indiaβs first road-cum-rail tunnel (15.79 km) connecting Gohpur and Numaligarh in Assam. It will slash travel time from 6 hours to ~20 minutes, significantly reducing the 240 km route to 34 km. This project offers crucial strategic, economic, and ecological benefits by bypassing the Kaziranga National Park and boosting connectivity to Assam, Arunachal Pradesh, and Nagaland Loading … Current affairs Practice QuestionsTo Practice current affairs Questions of February 1st week, Click here