Daily Current Affairs MCQs :2026-02-03 with solutions - Bank Exams Attempt

The projected share of large-group unconditional cash transfers in state subsidies is 20.2% by the 2025-26 Budget Estimates. This figure represents a significant increase from just 3% in the 2018-19 fiscal year, highlighting a shift in state spending towards cash transfer schemes. Such changes reflect evolving priorities in social welfare funding.

The "Majhi Ladki Bahin Yojana," which provides Rs. 1,500 per month to eligible women, is being implemented in Maharashtra. This scheme is part of the broader trend of states increasing their spending on unconditional cash transfer programs aimed at supporting women's welfare.

The Delhi Declaration 2026 marks a significant diplomatic shift for India, as it explicitly condemns Houthi attacks, indicating a stronger stance on regional conflicts. This change in language reflects India's evolving foreign policy in the context of Middle Eastern geopolitics.

The recent trade deal between India and the United States was significantly influenced by persistent pressure from the Trump administration concerning trade imbalances. This pressure led to negotiations that culminated in reducing tariff rates on Indian goods, demonstrating how external diplomatic relations can impact domestic trade policies.

World Wetlands Day 2026 highlights the crucial relationship between people and wetlands, underscoring their importance for cultural identity and community well-being. This theme celebrates traditional knowledge and practices that have historically supported sustainable wetland management.

The Union Budget of 2026-27 signals a shift towards a borrowing-led development strategy, emphasizing increased public investment in infrastructure. This approach is aimed at fostering long-term growth rather than immediate employment outcomes, reflecting a broader economic vision.

Gujarat is notable for being the only state in India to host all three major big cats: Asiatic Lions, Royal Bengal Tigers, and Leopards. This diversity underscores the state's successful wildlife conservation efforts and its importance as a biodiversity hotspot.

A significant challenge for wetland conservation in India is the pressure from urbanization and infrastructure development. These activities lead to ecological degradation and disrupt the natural hydrology of wetlands, making effective conservation increasingly difficult.

The multidisciplinary panel established by the Ministry of Social Justice and Empowerment aims to provide technical and policy guidance on healthcare issues specific to transgender individuals. This initiative is a response to the unique healthcare needs arising from their physiological and psychological differences, aligning with constitutional guarantees of equality and dignity.

Employment elasticity refers to the rate of job creation per unit of investment. In the construction sector, this elasticity decreased from 0.59 to 0.42 post-COVID, indicating that fewer jobs are being created relative to the amount of investment, which suggests a growing concern regarding the effectiveness of investment in generating employment opportunities.