SV
StudyVirus
Get our free app!Download Free

Daily Current Affairs

14 May 2026 · 10 questions

00
0/10
1

The Indian National Congress (INC) announced V.D. Satheesan as the next Chief Minister of which state?

💡

Correct Answer: B. Kerala

The Indian National Congress (INC) announced V.D. Satheesan as Kerala's next Chief Minister after the United Democratic Front (UDF) secured a commanding election victory in the state. The announcement marked the end of political suspense in the leadership race. Senior leaders K.C. Venugopal and Ramesh Chennithala were also seen as contenders for the CM post. The UDF is the Congress-led alliance in Kerala.

2

India imposed an immediate ban on sugar exports until which date to protect domestic supply?

💡

Correct Answer: D. September 30, 2026

India imposed an immediate ban on sugar exports until September 30, 2026 to protect domestic supply and control inflation risks. The government shifted sugar export policy from 'Restricted' to a complete ban. As India is the world's second-largest sugar producer after Brazil, this move affects both domestic markets and global sugar prices. India is also the largest sugar consumer in the world.

3

Uber partnered with which Indian conglomerate to build its first data centre in India?

💡

Correct Answer: A. Adani Group

Uber is partnering with the Adani Group to build its first data centre in India. The announcement was made by Uber CEO Dara Khosrowshahi and signals a significant expansion of Uber's engineering and digital infrastructure in one of its most important global markets. India is one of Uber's largest user bases globally. The Adani Group has rapidly expanded into data centres through its AdaniConneX joint venture with EdgeConneX.

4

Maize became India's largest ethanol feedstock for the first time in which Ethanol Supply Year (ESY)?

💡

Correct Answer: C. 2025-26

Maize emerged as India's largest ethanol feedstock for the first time in the Ethanol Supply Year (ESY) 2025-26. During the first half of ESY 2025-26, ethanol supplies crossed 515 crore litres, showing momentum in India's clean fuel transition. Industry estimates were compiled by the Indian Sugar and Bio-energy Manufacturers Association (ISMA). Earlier sugarcane was the largest feedstock — maize has now overtaken it.

5

The BRICS Foreign Ministers Meeting began on May 14, 2026 in New Delhi. It is chaired by which Indian leader?

💡

Correct Answer: B. S. Jaishankar (EAM)

The two-day BRICS Foreign Ministers Meeting began on May 14, 2026 in New Delhi, chaired by External Affairs Minister Dr. S. Jaishankar. The meeting brings together foreign ministers and senior delegates from BRICS member and partner countries. India holds the BRICS Chairship for 2026. BRICS now has 11 member countries after expansion in 2024 (Brazil, Russia, India, China, South Africa, plus new members).

6

Yoweri Museveni was sworn in for which consecutive term as President of Uganda on May 14, 2026?

💡

Correct Answer: D. 7th term

Yoweri Museveni was sworn in for his 7th consecutive term as President of Uganda, extending one of the longest political tenures in modern Africa. The 81-year-old leader first came to power in 1986 — making it nearly 40 years in office. He secured a decisive victory in Uganda's January 2026 election. Museveni leads the National Resistance Movement (NRM) party. Uganda's capital is Kampala.

7

Indian fintech company FinBox launched an AI-native lending infrastructure platform. What is the platform called?

💡

Correct Answer: A. Atlas

Indian FinTech company FinBox launched 'Atlas' — an AI-native lending infrastructure platform designed to dramatically reduce loan processing timelines and improve borrower completion rates. The platform addresses challenges lenders face with long approval cycles, operational bottlenecks, and high application drop-offs in India's rapidly growing digital lending market. FinBox is among India's leading credit infrastructure providers.

8

Which state cabinet approved the draft Uniform Civil Code (UCC) Bill on May 14, 2026?

💡

Correct Answer: C. Assam

The Assam State Cabinet, led by CM Himanta Biswa Sarma, approved the draft Uniform Civil Code (UCC) Bill. Along with this, the cabinet also announced spending cuts, job creation plans, and cultural infrastructure projects as part of its governance agenda. UCC aims to unify personal laws across religions in matters of marriage, divorce, inheritance, and adoption. Uttarakhand was India's first state to enact a UCC in 2024.

9

Piyush Goyal announced India's ambitious export target while releasing the LEADS 2025 report. What is the target?

💡

Correct Answer: B. $1 trillion

Commerce and Industry Minister Piyush Goyal announced India's ambitious $1 trillion export target while releasing the LEADS (Logistics Ease Across Different States) 2025 report. He also honoured logistics leaders at the LEAPS (Logistics Excellence, Advancement and Performance Shield) 2025 Awards in New Delhi. LEADS is an annual assessment by the Ministry of Commerce and Industry that ranks states on logistics performance.

10

The RBI cancelled the banking licence of which co-operative bank on May 12, 2026?

💡

Correct Answer: D. Sarvodaya Co-operative Bank Ltd

The Reserve Bank of India (RBI) cancelled the licence of Sarvodaya Co-operative Bank Ltd on May 12, 2026. The order came after business hours and immediately stopped the bank from carrying out normal banking operations. RBI clarified that most depositors are protected under India's Deposit Insurance and Credit Guarantee Corporation (DICGC) — which insures deposits up to ₹5 lakh per depositor per bank.