📰 CURRENT AFFAIRS QUIZ

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May 5, 2026

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5 May 2026 — Daily Current Affairs Quiz

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Media & Governance
World Press Freedom Day 2026 — Theme & Prize
Observed 3 May 2026. Theme: “Shaping a Future at Peace.” UNESCO/Guillermo Cano World Press Freedom Prize awarded to Sudanese Journalists Syndicate at UNESCO HQ, Paris, on 4 May 2026. Day proclaimed by UNGA in 1993; first observed 3 May 1994. World Press Freedom Index 2026 released by RSF on 30 April 2026: Norway 1st, Netherlands 2nd, Estonia 3rd.
Technology
Cell Broadcast System (CBS) — India’s Indigenous Disaster Alert
Developed by C-DOT (Centre for Development of Telematics) under DoT, in partnership with NDMA and MHA. Uses Cell Broadcast (CB) technology to simultaneously alert ALL mobile devices in a defined geographic area. Integrated with CAP-based SACHET (Common Alerting Protocol) system. Launched by Union Minister Jyotiraditya Scindia. India’s indigenous mass-alert technology for disaster warnings.
Media
World Press Freedom Index 2026 — India’s Ranking
RSF’s WPFI 2026 released 30 April 2026. India ranked 157th with a score of 31.96 (marginal improvement from 159th in 2025). RSF is an independent NGO headquartered in Paris, France. The index evaluates press freedom across 180 countries. Top 3: Norway (1st), Netherlands (2nd), Estonia (3rd). Published annually around 3 May.
Monetary Policy
Rohit Jain — New RBI Deputy Governor
Appointed by Appointment Committee of the Cabinet (ACC) for three years, effective 3 May 2026. Succeeds T. Rabi Sankar (tenure ended 2 May 2026). Previously served as Executive Director since December 2020, heading the Department of Supervision. Certifications: ICBRR, CAIIB, Certified Bank Trainer. RBI established: 1 April 1935; HQ: Mumbai.
Defence
Exercise CINBAX-II — India–Cambodia Military Exercise
Bilateral exercise between Indian Army and Royal Cambodian Army (RCA). 2nd edition held at Camp Basil, Kampong Speu Province, Cambodia (4–17 May 2026). Indian contingent: 120 personnel from Maratha Light Infantry Regiment; RCA: 160 personnel. Conducted under Chapter VII of UN mandate; focuses on sub-conventional ops — jungle and semi-urban settings, drone operations, mortar and sniper tactics.
Science & Space
Mission Drishti — World’s First OptoSAR Satellite
Launched by GalaxEye Space Solutions aboard SpaceX Falcon-9 from Vandenberg Space Force Base, California, May 2026. Integrates Electro-Optical (EO)/Multispectral Imager (MSI) and Synthetic Aperture Radar (SAR) on a single platform — enabling all-weather, all-time Earth monitoring. Weight: 190 kg; orbit: Sun-synchronous LEO at ~500–510 km; resolution: ~1.5 m. India’s largest privately built Earth observation satellite.
Defence
LR-AShM — India’s Hypersonic Anti-ship Missile Test
2nd flight-test of Long-Range Hypersonic Anti-ship Missile (LR-AShM) conducted in May 2026 from APJ Abdul Kalam Island, Odisha. Struck target at 1,500 km; maximum speed: Mach 10 (average ~Mach 5 through multiple skips). Developed by DRDO under Dr APJ Abdul Kalam Missile Complex, Hyderabad. Major boost to Indian Navy’s long-range precision strike capability.
Business & Economy
100% FDI in Insurance — FEMA Amendment 2026
MoF notified Foreign Exchange Management (Non-debt Instruments) (Second Amendment) Rules, 2026 allowing 100% FDI in Indian insurance companies and intermediaries via automatic route, subject to Insurance Act, 1938. However, LIC retains a separate cap of 20% FDI under automatic route. Aims to boost foreign inflows into India’s insurance sector and aligns India with global FDI norms.
International
ADB USD 70 Billion Initiative — 59th Annual Meeting
Launched at ADB’s 59th Annual Meeting in Samarkand, Uzbekistan, May 2026. Two programmes: (1) USD 50 billion Pan-Asia Power Grid Initiative — cross-border electricity connectivity; (2) USD 20 billion Asia-Pacific Digital Highway — broadband access. ADB to fund at least half from own resources. Also announced: AI Innovation Centre in Seoul (USD 20 million from South Korea). ADB HQ: Manila, Philippines; established 1966.
Governance
PAI 2.0 — Panchayat Advancement Index FY24
Launched by Ministry of Panchayati Raj (MoPR) in April 2026. Tripura topped state rankings. Top GP nationwide: Jugal Kishore Nagar Village Committee, Sepahijala district, Tripura, score 88.44. Participation: 33/36 States & UTs; 2,59,867 GPs (97.30% of total 2,66,999 Panchayats) submitted validated data. Kerala: 2nd; Odisha: 3rd.

🎴 Revision Flashcards

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Tap to Reveal
What is the 2026 World Press Freedom Day theme and the UNESCO prize winner?
Theme: “Shaping a Future at Peace” — Prize: Sudanese Journalists Syndicate
Awarded 4 May 2026 at UNESCO HQ, Paris; WPFI 2026 by RSF: India ranked 157th
Tap to Reveal
Which organisation developed India’s Cell Broadcast System (CBS), and with which partners?
C-DOT (under DoT) — partnered with NDMA and Ministry of Home Affairs (MHA)
Integrated with SACHET (Common Alerting Protocol); launched by Jyotiraditya Scindia
Tap to Reveal
Who is the new RBI Deputy Governor (effective 3 May 2026), and whom does he succeed?
Rohit Jain — succeeds T. Rabi Sankar
Appointed for 3 years by ACC; former Executive Director heading Dept. of Supervision since Dec 2020
Tap to Reveal
What does OptoSAR combine in Mission Drishti, and who built it?
EO/Multispectral Imager (MSI) + Synthetic Aperture Radar (SAR) — by GalaxEye Space Solutions
190 kg; Sun-synchronous LEO ~500–510 km; launched on SpaceX Falcon-9 from Vandenberg
Tap to Reveal
What are the speed and range of India’s LR-AShM tested in May 2026?
Mach 10 maximum speed — 1,500 km range
Developed by DRDO; tested from APJ Abdul Kalam Island, Odisha; enhances Indian Navy strike capability
Tap to Reveal
What is the FDI cap retained for LIC under the May 2026 FEMA amendment?
20% (all other insurance companies: 100% via automatic route)
Notified under Foreign Exchange Management (Non-debt Instruments) (Second Amendment) Rules, 2026
Tap to Reveal
Name the two programmes under ADB’s USD 70 billion initiative launched in May 2026.
USD 50 bn Pan-Asia Power Grid Initiative + USD 20 bn Asia-Pacific Digital Highway
ADB’s 59th Annual Meeting — Samarkand, Uzbekistan; AI Innovation Centre also announced in Seoul
Tap to Reveal
Which GP topped the PAI 2.0 national rankings (FY24) and with what score?
Jugal Kishore Nagar Village Committee, Sepahijala, Tripura — score 88.44
Tripura topped state rankings; Kerala 2nd; Odisha 3rd; 97.30% of all GPs participated
💭
Think & Discuss
India’s Private Space Ambitions vs. Press Freedom Concerns: Can Technology Leapfrog Governance Deficits?
Context from today’s quiz: On the same day India celebrates Mission Drishti — the world’s first OptoSAR satellite built by a private Indian start-up — it is also ranked 157th out of 180 countries on the World Press Freedom Index 2026. India is simultaneously achieving cutting-edge technological milestones (hypersonic missiles, satellite platforms, disaster alert systems) while facing structural criticism about media freedom, an independent indicator of democratic health. The juxtaposition raises a fundamental question about the relationship between technological advancement and democratic governance.
🤔 Your Perspective Matters
India is emerging as a serious space and defence technology power — with GalaxEye’s OptoSAR satellite, the Mach 10 LR-AShM, C-DOT’s indigenous CBS disaster alert system, and 100% FDI now open to the insurance sector. Yet India’s press freedom ranking places it in the bottom quartile globally, reflecting concerns that affect information ecosystems and ultimately the quality of public debate.

Can a democracy achieve long-term technological leadership without simultaneously strengthening press freedom and media independence — or are these two trajectories truly independent of each other?
  • The CBS disaster alert system is designed to reach all citizens simultaneously. If the media environment is constrained, how does the quality of information that travels through such a system get determined — and who ensures accountability?
  • India opened 100% FDI in insurance while retaining a 20% cap for LIC. Does this dual standard reflect a healthy balance between protecting strategic public assets and liberalising the economy — or does it signal inconsistency in India’s FDI philosophy that could undermine investor confidence?
  • PAI 2.0 shows Tripura’s Jugal Kishore Nagar GP at the top of national panchayat rankings. Given that Panchayati Raj institutions are often under-resourced and under-reported, what role can initiatives like PAI 2.0 play in ensuring grassroots governance is not invisible to national policy — and does a free press matter for this accountability loop?

We’d love to hear your thoughts! Share your perspective in the comments.

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Prashant Chadha

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