Current Affairs Quiz — 14 October 2026
Schemes
Q1. According to the Sovereign Gold Bond (SGB) Scheme guidelines, premature redemption of a bond is permitted after which year from the date of issue?
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Answer: D. fifth year
Sovereign Gold Bonds are government securities denominated in grams of gold and issued by the Reserve Bank of India. While the total bond tenure is eight years, investors are provided an early exit option starting after the fifth year on interest payment dates.
“In terms of GOI notification F.No. 4(7)-B(W&M)/2019 dated September 30, 2019 (SGB 2019-20 Series V - Issue date October 15, 2019) on Sovereign Gold Bond Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable.”
Source: Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption of SGB 2019-20 Series V due on October 15, 2026 ↗Schemes
Q2. Which agency initiated the Digital J&K Internship Scheme (DJKIS) under the Information Technology Department?
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Answer: D. Jammu and Kashmir e-Governance Agency (JaKeGA)
The Digital J&K Internship Scheme offers students practical learning opportunities and hands-on training on live government e-governance systems. Interns receive a monthly stipend while bridging academic knowledge with public IT operations.
“The Digital J&K Internship Scheme is an initiative by the Jammu and Kashmir e-Governance Agency (JaKeGA) under the Information Technology Department.”
Source: Digital J&K Internship Scheme ↗Schemes
Q3. Under the Women Scientist Scheme-A (WOS-A), what is the general age criterion for female applicants?
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Answer: B. 27 and 57 years of age
WOS-A is an initiative of the Ministry of Science and Technology designed to help female scientists and technologists re-enter research careers after facing a career break.
“The applicant must be between 27 and 57 years of age.”
Source: Women Scientist Scheme-A ↗Awards
Q4. According to the guidelines, what is the minimum gap required before an individual can be conferred a higher category Padma award?
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Answer: D. 5 years
Padma Awards are announced annually on Republic Day; a recipient can receive a higher category award only after a statutory minimum cooling-off period of five years.
“A minimum gap of 5 years is required before receiving a higher category Padma award”
Source: Padma Awards ↗Awards
Q5. What is the minimum period of completed service required for personnel to be eligible for the Police Medal for Meritorious Service?
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Answer: D. 18 years
The Police Medal for Meritorious Service is awarded by the Ministry of Home Affairs to personnel of police forces, CAPFs, and CPOs with clean records and sustained high performance over their careers.
“Must have completed a minimum of 18 years of service”
Source: Police Medal for Meritorious Service ↗Awards
Q6. Which award is instituted under the Directorate General of Shipping to honour Indian seafarers for exceptional bravery at sea?
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Answer: D. Sagar Samman Award for Gallantry
Administered under the Ministry of Ports, Shipping and Waterways, this gallantry award recognises Indian seafarers who demonstrate outstanding courage in rescue operations and marine safety.
“Launched by the Ministry of Ports, Shipping and Waterways under the Directorate General of Shipping, the Sagar Samman Award for Gallantry recognises Indian seafarers serving on any vessel who go beyond the call of duty.”
Source: Sagar Samman Award- Sagar Samman Award for Gallantry ↗Awards
Q7. What is the minimum period of service required for personnel to be eligible for the President’s Medal for Distinguished Service (PMFDS)?
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Answer: B. 25 years
The President’s Medal for Distinguished Service is instituted by the Ministry of Home Affairs to honour exceptional devotion to duty. Conferred on Republic Day and Independence Day, candidates must fulfill strict criteria including a minimum service tenure and clean record.
“Must have completed a minimum of 25 years of service”
Source: President’s Medal for Distinguished Service ↗