GK365 Daily Quiz — 4 April 2026
10 Questions • Current Affairs for Competitive Exams • Answer all questions and submit to see your results
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International
International Children’s Book Day (ICBD)
Observed annually on 2 April — birth anniversary of Hans Christian Andersen (b. 1805, Odense, Denmark). Organised by IBBY (International Board on Books for Young People), founded 1953 in Zurich. 2026 Host: IBBY Cyprus; Theme: ‘Plant stories and the world will bloom.’ First observed in 1967. IBBY awards the Hans Christian Andersen Award — highest honour in children’s literature.
Governance
Karmayogi Sadhana Saptah 2026
Launched by PM Modi on 2 April 2026 at Dr. Ambedkar International Centre, New Delhi. SADHANA = Strengthening Adaptive Development and Humane Aptitude for National Advancement. Runs 2–8 April 2026 under the Capacity Building Commission (CBC), MoPP&P. Anchored on Three Sutras: Technology, Tradition, Tangible Outcomes. Five years of Mission Karmayogi (launched 2 September 2020).
Taxation
PRARAMBH 2026 & Kar Saathi
PRARAMBH = Policy Reform and Responsible Action for Mission Viksit Bharat (launched March 2026). Key outcomes: rules reduced from 510 → 333; forms reduced from 399 → 190, eliminating compliance for 6+ crore taxpayers. ‘Kar Saathi’ is an AI-powered assistant by CBDT (MoF) under the new Income Tax Act, 2025 (effective 1 April 2026, replacing the 1961 Act).
Defence
INS Taragiri — Project 17A
INS Taragiri (F41): 4th vessel of Project 17A (Nilgiri-class stealth frigates). Built by MDL (Mazagon Dock Shipbuilders Limited), Mumbai. Displacement: 6,670 tonnes; indigenous content: 75%+. Commissioned 3 April 2026 at Naval Dockyard, Visakhapatnam; joins Eastern Fleet. Weapons: BrahMos missiles, MRSAM. Project 17A total: 7 frigates — 4 at MDL, 3 at GRSE.
International Relations
Myanmar: Min Aung Hlaing as President
Min Aung Hlaing elected as 11th President of Myanmar by the Pyidaungsu Hluttaw (Assembly of the Union) with 429/584 votes. Parliament dominated by military-backed USDP. He led the coup on 1 February 2021 ousting Aung San Suu Kyi. Capital: Naypyidaw; Currency: Kyat; Member of ASEAN.
Banking & Finance
IRDAI D-SIIs for FY 2025-26
IRDAI (Insurance Regulatory and Development Authority of India; HQ: Hyderabad) designated three Domestic Systemically Important Insurers (D-SIIs) for FY26: LIC, GIC Re, and New India Assurance Company Limited (NIACL) — unchanged from the previous year. D-SIIs are considered ‘too big to fail’ due to their size, market importance, and inter-connectedness.
Economy
India’s First Domestic Natural Gas Derivatives
NSE and IGX (Indian Gas Exchange Limited) announced India’s first domestic benchmark natural gas futures on 1 April 2026. GIXI = Gas IndeX of India, developed by IGX. IGX operates under PNGRB (Petroleum and Natural Gas Regulatory Board). SEBI-approved; pricing linked to actual IGX trades. Enhances market efficiency, liquidity, and risk management for gas sector stakeholders.
Defence
NEGEV LMGs — PLR Systems
PLR Systems: JV between Israel Weapon Industries (IWI) and the Adani Group; facility at Malanpur, Madhya Pradesh — India’s first private-sector small arms manufacturer. First batch: 2,000 NEGEV 7.62×51 LMGs delivered 1 April 2026 (part of 41,000-unit contract, August 2024). Also secured contract for 1,70,000 CQB carbines. Supports India’s Atmanirbhar Bharat defence goals.
Polity
President’s Police Colours — Odisha & Uttarakhand
The President’s Police Colours (Nishaan) — highest national honour for a state police force (established 1951) — was conferred by President Droupadi Murmu to: Odisha Police (90th Police Foundation Day / Utkal Diwas, 1 April; operational since 1936) and Uttarakhand Police (Silver Jubilee Year of statehood; Uttarakhand formed 9 November 2000).
Sports
Rassie van der Dussen Retires
South Africa batter Rassie van der Dussen (b. 7 February 1989) retired from international cricket on 2 April 2026, aged 37. Holds 2nd-highest ODI average among SA batters (50.13), behind only AB de Villiers. ODI career: 71 matches, 2,657 runs, 6 centuries, 17 half-centuries. ODI debut: 19 Jan 2019 vs Pakistan (scored 93). Named in ICC Men’s ODI Team of the Year 2021.
🎴 Revision Flashcards
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Tap to Reveal
Which organisation hosts International Children’s Book Day, and who was it named after?
IBBY — named after Hans Christian Andersen (b. 2 April 1805)
2026 Host: IBBY Cyprus | First observed: 1967
Tap to Reveal
What does SADHANA stand for in Karmayogi Sadhana Saptah?
Strengthening Adaptive Development and Humane Aptitude for National Advancement
Launched 2 April 2026 | Organised by CBC, MoPP&P
Tap to Reveal
INS Taragiri is the ___th ship of Project 17A, built by which shipyard?
4th ship — built by MDL (Mazagon Dock Shipbuilders Limited)
Commissioned 3 April 2026 at Visakhapatnam | Joins Eastern Fleet
Tap to Reveal
Which three insurers are designated D-SIIs by IRDAI for FY 2025-26?
LIC, GIC Re, and New India Assurance Company Limited (NIACL)
IRDAI HQ: Hyderabad | D-SII = ‘Too Big to Fail’ insurers
Tap to Reveal
GIXI stands for what, and IGX operates under which regulatory board?
Gas IndeX of India — under PNGRB
IGX = Indian Gas Exchange | NSE–IGX collaboration | Announced 1 April 2026
Tap to Reveal
PLR Systems is a JV between which two entities, and where is its facility?
Israel Weapon Industries (IWI) + Adani Group — Malanpur, Madhya Pradesh
India’s first private-sector small arms maker | 2,000 NEGEV LMGs delivered 1 April 2026
Tap to Reveal
On which occasion was Odisha Police conferred the President’s Police Colours?
90th Police Foundation Day — coinciding with Utkal Diwas (1 April)
Odisha Police operational since 1936 | Highest national police honour since 1951
Tap to Reveal
Rassie van der Dussen’s ODI batting average and his rank among South African batters?
Average: 50.13 — 2nd highest, behind AB de Villiers
71 ODIs | 2,657 runs | 6 centuries | Retired 2 April 2026
Think & Discuss
India’s New Income Tax Act, 2025: Simplification or a Missed Opportunity for Structural Reform?
Context from today’s quiz: The Income Tax Act, 2025 replaced the Income Tax Act, 1961, effective 1 April 2026. Under the PRARAMBH initiative, CBDT reduced rules from 510 to 333 and forms from 399 to 190, eliminating compliance requirements for over 6 crore taxpayers. The AI-powered ‘Kar Saathi’ assistant was also launched to ease tax filing. These changes raise important questions about how far simplification alone can drive tax compliance and equity in India’s fiscal system.
🤔 Your Perspective Matters
The replacement of the 65-year-old Income Tax Act, 1961 with the new Act, 2025 is hailed as a landmark simplification. But critics argue that reducing forms and rules addresses procedural friction — not the deeper structural issues of tax avoidance, wealth inequality, and low direct tax-to-GDP ratio.
Is procedural simplification sufficient to transform India’s tax culture, or does structural reform of rates and exemptions remain the unfinished agenda?
Is procedural simplification sufficient to transform India’s tax culture, or does structural reform of rates and exemptions remain the unfinished agenda?
- How does reducing compliance burden for 6+ crore taxpayers affect India’s direct tax-to-GDP ratio, and is there a risk that simplification primarily benefits the already-compliant?
- Should India reconsider its exemption architecture (for agricultural income, long-term capital gains, etc.) as part of a genuine structural overhaul, or does stability of tax law matter more than optimality?
- AI tools like ‘Kar Saathi’ can guide compliance — but can they also close the gap between the 80+ crore Aadhaar holders and the roughly 8 crore active ITR filers? What are the limits of technology-driven tax reform?
We’d love to hear your thoughts! Share your perspective in the comments.
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