Daily Current Affairs May 26

Dear Champions, as you all know that a lot of competitive exams have been notified consequently. Candidates have to prepare themselves according to the level of competition and expectation of the Recruitment board. Regarding that one of the most important topic is Daily Current Affairs May 26. Current Affairs in the form of contemporary events of national & international play a crucial role in almost every competitive exams like Banking, Insurance, SSC, UPSC, TNPSC, Railway etc.

Current affairs are the most dynamic yet scoring among all sections and need to be prepared from the right source. Here, we cafunsta team, providing Daily GK Updates, Current Affairs Questions, and Monthly current affairs pdf.

TO PURCHASE OUR BANKING AWARENESS (Latest Edition) – CLICK HERE

May 26 | Daily Current Affairs 2026

Ranking – Daily Current Affairs May 26

1. Which country overtook the United Kingdom to become Sri Lanka’s second-largest export destination during January-April 2026?
A) China
B) India
C) Japan
D) Bangladesh
E) Germany
Answer: B) India.

Event and Location:

• Event: India overtook the United Kingdom to become Sri Lanka’s second-largest export destination in 2026.
• Location: The development relates to Sri Lanka’s export trade with India, the United Kingdom, and the United States.
• Date: May 26, 2026.

Mandates and Objectives:

• Mandates: The report highlighted Sri Lanka’s export performance during January-April 2026 and India’s rise in its export destination rankings.
• Objectives: Its objective is to reflect strengthening India-Sri Lanka trade ties, rising regional export opportunities, and changing export market dynamics for Sri Lanka.

Important Terms Explained:

• Export Destination: It refers to a country or market where goods and services produced by another country are sold.
• Sri Lanka Export Development Board: It is the agency that provides export-related data and supports Sri Lanka’s export promotion and development.
• Merchandise Exports: These are physical goods sold to foreign markets, such as apparel, tea, coconut products, and industrial goods.
• Services Exports: These are services sold to foreign clients, including ICT, business process management, financial services, and professional services.
• Activated Carbon: It is a high-value product made from coconut shells and used in purification, filtration, industrial processing, and environmental applications.

Tabular Summary:

---

Banking and Finance – Daily Current Affairs May 26

2. What is the maximum continuous tenure allowed for directors of Urban Co-operative Banks under RBI’s amended governance norms?
A) 5 years
B) 8 years
C) 10 years
D) 12 years
E) 15 years
Answer: C) 10 years.

Event and Location:

• Event: The Reserve Bank of India tightened governance norms for Urban Co-operative Banks by introducing new director tenure limits.
• Location: The directions apply to Urban Co-operative Banks in India.
• Date: May 25, 2026.

Mandates and Objectives:

• Mandates: The RBI capped directors’ continuous tenure at 10 years and introduced a mandatory three-year cooling-off period before reappointment to the same bank’s board.
• Objectives: Its objective is to improve transparency, close governance loopholes, ensure accountability, and promote periodic leadership renewal in the co-operative banking sector.

Important Terms Explained:

• Urban Co-operative Banks: These are co-operative banking institutions operating mainly in urban and semi-urban areas, providing banking services to members, customers, and local communities.
• RBI Governance Directions: These are regulatory instructions issued by the Reserve Bank of India to improve governance, accountability, and operational standards in regulated banking institutions.
• Cooling-Off Period: It refers to a mandatory gap during which a person cannot return to the same board or hold management roles after completing the maximum allowed tenure.
• Co-option: It is a method through which a person may be appointed to a board or committee without direct election, usually to fill a vacancy or add specific expertise.
• Banking Laws Amendment Act 2025: It refers to legislative changes that supported revised governance provisions, including changes related to tenure norms for co-operative banks.

Tabular Summary:

---

Business and Economy – Daily Current Affairs May 26

3. What is the proposed new base year for India’s Index of Industrial Production under the planned IIP reform?
A) 2011-12
B) 2015-16
C) 2017-18
D) 2022-23
E) 2024-25
Answer: D) 2022-23.

Event and Location:

• Event: The Ministry of Statistics and Programme Implementation proposed a major overhaul of the Index of Industrial Production.
• Location: The reform relates to India’s industrial statistics framework.
• Date: May 26, 2026.

Mandates and Objectives:

• Mandates: The reform proposes a new 2022-23 base year, expanded industrial basket, chain-linked methodology, renewable energy tracking, new sector inclusion, improved price deflation, and seasonal adjustment.
• Objectives: Its objective is to improve industrial growth measurement, reflect structural changes in India’s economy, capture emerging sectors, and support better economic policy planning.

Important Terms Explained:

• Index of Industrial Production: It is a key monthly economic indicator that measures changes in industrial output across sectors such as mining, manufacturing, electricity, and utilities.
• Base Year: It is the benchmark year used for comparing changes in industrial production over time.
• Chain-Linked Methodology: It is an index method where weights can be updated periodically to better capture structural changes in the economy.
• Producer Price Index: It is a proposed price index that measures price changes from the producer’s perspective and can improve price adjustment accuracy in industrial statistics.
• Seasonal Adjustment: It is a statistical method used to remove seasonal effects from data so that monthly trends can be compared more accurately.

Tabular Summary:

---

Awards – Daily Current Affairs May 26

4. How many distinguished personalities received Padma Awards 2026 during the first Civil Investiture Ceremony at Rashtrapati Bhavan?
A) 58
B) 66
C) 113
D) 131
E) 144
Answer: B) 66.

Event and Location:

• Event: President Droupadi Murmu conferred the Padma Awards 2026 on 66 distinguished personalities during the first Civil Investiture Ceremony.
• Location: The ceremony was held at Rashtrapati Bhavan, New Delhi.
• Date: May 25, 2026.

Mandates and Objectives:

• Mandates: The ceremony honoured distinguished personalities for exceptional contributions in fields such as art, sports, medicine, public affairs, trade and industry, and culture.
• Objectives: Its objective is to recognise outstanding service and achievements of individuals across diverse sectors through India’s prestigious civilian honours.

Important Terms Explained:

• Padma Awards: They are among India’s highest civilian honours, announced annually on the eve of Republic Day for distinguished service in various fields.
• Padma Vibhushan: It is India’s second-highest civilian award and is given for exceptional and distinguished service.
• Padma Bhushan: It is India’s third-highest civilian award and is given for distinguished service of a high order.
• Padma Shri: It is India’s fourth-highest civilian award and is given for distinguished service in any field.
• Civil Investiture Ceremony: It is the official ceremony at which the President of India confers civilian awards on selected recipients.

Tabular Summary:

---

Science and Technology – Daily Current Affairs May 26

5. How many public health technologies did ICMR transfer to industry partners at India’s largest biomedical innovation event?
A) 21
B) 31
C) 41
D) 51
E) 100
Answer: C) 41.

Event and Location:

• Event: ICMR organised India’s largest biomedical innovation and technology transfer event and transferred 41 public health technologies to industry partners.
• Location: The event was held at Manekshaw Centre, New Delhi.
• Date: May 26, 2026.

Mandates and Objectives:

• Mandates: The event facilitated the transfer of public health technologies from ICMR institutes and innovators to industry partners for further development, large-scale manufacturing, and commercial rollout.
• Objectives: Its objective is to bridge the gap between biomedical research and market-ready healthcare products while accelerating healthcare innovation, vaccine development, diagnostics, and public health preparedness.

Important Terms Explained:

• Indian Council of Medical Research: It is India’s apex biomedical research body responsible for promoting, coordinating, and conducting medical research for public health.
• Medical Innovations Patent Mitra: It is an ICMR initiative designed to protect biomedical intellectual property, support technology transfer, and connect innovators with industry partners.
• Innovators-to-Industry Connect: It is a platform under the Medical Innovations Patent Mitra programme that links researchers, startups, manufacturers, investors, and healthcare industry leaders.
• Kyasanur Forest Disease: It is a viral disease for which well-characterised inactivated biomaterials were transferred to support vaccine research and biomedical innovation.
• Chandipura Virus: It is a virus linked to severe public health concerns, and its inactivated biomaterials were transferred to strengthen research and vaccine development.

Tabular Summary:

---

6. Which company discovered a new gas-bearing zone in Rajasthan’s Dandewala field?
A) ONGC
B) Oil India Limited
C) Indian Oil Corporation
D) GAIL India
E) Bharat Petroleum
Answer: B) Oil India Limited.

Event and Location:

• Event: Oil India Limited discovered a new gas-bearing zone in Rajasthan’s Dandewala field.
• Location: The discovery was made in the Dandewala field, Rajasthan, within the Rajasthan sedimentary basin.
• Date: May 26, 2026.

Mandates and Objectives:

• Mandates: Oil India Limited successfully unlocked natural gas flow from a new gas-bearing pay zone in the shallower Sanu Formation.
• Objectives: Its objective is to expand domestic natural gas production, strengthen India’s energy security, reduce import dependence, and support energy self-reliance.

Important Terms Explained:

• Oil India Limited: It is a state-run upstream energy company engaged in hydrocarbon exploration, natural gas development, enhanced oil recovery, and basin resource expansion.
• Dandewala field: It is a hydrocarbon field located in Rajasthan within the Rajasthan sedimentary basin and is important for India’s onshore oil and gas production.
• Sanu Formation: It is the shallower geological formation from which Oil India Limited unlocked natural gas flow in the Dandewala field.
• Gas-bearing pay zone: It refers to a subsurface geological layer that contains commercially useful natural gas.
• Energy Security: It refers to a country’s ability to ensure reliable, affordable, and sufficient energy supply while reducing vulnerability to external disruptions.

Tabular Summary:

---

International Affairs – Daily Current Affairs May 26

7. Which country chaired the first BRICS Tourism Working Group Meeting under the BRICS 2026 Chairship?
A) Brazil
B) Russia
C) India
D) China
E) South Africa
Answer: C) India.

Event and Location:

• Event: India chaired the first BRICS Tourism Working Group Meeting under its BRICS 2026 Chairship.
• Location: The meeting was conducted in virtual mode, with Jaipur scheduled to host the next key BRICS tourism meetings.
• Date: May 26, 2026.

Mandates and Objectives:

• Mandates: The meeting launched the BRICS tourism cooperation agenda under India’s chairship with focus on AI in tourism, sustainability, skill development, and seamless travel.
• Objectives: Its objective is to strengthen tourism cooperation among BRICS nations through resilience, innovation, sustainability, capacity building, and people-to-people connectivity.

Important Terms Explained:

• BRICS Tourism Working Group: It is a cooperation platform where BRICS member countries discuss tourism-related priorities, policy coordination, and collaborative initiatives.
• BRICS 2026 Chairship: It refers to India’s leadership role in guiding BRICS meetings, priorities, and cooperation agenda during 2026.
• Artificial Intelligence in Tourism: It refers to the use of AI tools for personalised travel services, tourism forecasting, analytics, and smart destination management.
• Sustainable Tourism: It refers to tourism practices that reduce environmental impact, support conservation, involve communities, and promote long-term destination management.
• Capacity Building: It refers to training, skill development, knowledge-sharing, and institutional strengthening to improve tourism sector performance.

Tabular Summary:

---

8. Which grouping launched five major Indo-Pacific initiatives at the Foreign Ministers’ Meeting in New Delhi?
A) ASEAN
B) G7
C) Quad
D) BRICS
E) SCO
Answer: C) Quad.

Event and Location:

• Event: The Quad nations launched five major Indo-Pacific initiatives focusing on maritime security, ports, energy resilience, critical minerals, and regional stability.
• Location: The initiatives were announced at the Quad Foreign Ministers’ Meeting in New Delhi, India.
• Date: May 26, 2026.

Mandates and Objectives:

• Mandates: The Quad unveiled initiatives on maritime surveillance, port infrastructure, energy security, critical minerals cooperation, and rules-based Indo-Pacific coordination.
• Objectives: Its objective is to strengthen Indo-Pacific security, improve supply chain resilience, support regional infrastructure, enhance energy preparedness, and maintain a free, open, inclusive, and rules-based regional order.

Important Terms Explained:

• Quad: It is a strategic grouping of India, the United States, Japan, and Australia focused on cooperation in the Indo-Pacific region.
• Indo-Pacific Maritime Domain Awareness: It is a framework that supports near real-time commercial vessel tracking and maritime awareness for regional countries.
• Ports of the Future: It is a Quad partnership aimed at strengthening strategic port infrastructure in the Indo-Pacific, with Fiji hosting the pilot project.
• Critical Minerals: These are minerals such as lithium, cobalt, nickel, and rare earth elements that are essential for electric vehicles, semiconductors, defence equipment, renewable energy, and advanced electronics.
• Free and Open Indo-Pacific: It refers to a regional vision based on freedom of navigation, international law, open commerce, inclusiveness, and rules-based stability.

Tabular Summary:

---

Schemes – Daily Current Affairs May 26

9. Which portal was launched by the government for real-time monitoring of welfare schemes under Pradhan Mantri Anusuchit Jaati Abhyuday Yojana?
A) PM-SURAJ Portal
B) PM-AJAY Portal
C) PM-DAKSH Portal
D) e-Samaj Kalyan Portal
E) SC-HELP Portal
Answer: B) PM-AJAY Portal.

Event and Location:

• Event: The Government of India launched the PM-AJAY portal and AJAY mobile app for real-time monitoring of SC welfare schemes.
• Location: The initiative will support welfare delivery across India, including over 47,000 SC-majority villages.
• Date: May 26, 2026.

Mandates and Objectives:

• Mandates: The initiative digitises the implementation of Pradhan Mantri Anusuchit Jaati Abhyuday Yojana through dashboards, beneficiary tracking, fund monitoring, proposal management, inspection tools, and geo-tagged reporting.
• Objectives: Its objective is to improve transparency, accountability, real-time monitoring, faster service delivery, and socio-economic development of Scheduled Caste communities.

Important Terms Explained:

• PM-AJAY: It stands for Pradhan Mantri Anusuchit Jaati Abhyuday Yojana and is a flagship scheme of the Ministry of Social Justice and Empowerment for the socio-economic upliftment of Scheduled Caste communities.
• AJAY mobile app: It is a mobile application designed for real-time reporting, digital beneficiary registration, offline surveys, inspection monitoring, and geo-tagged project validation.
• Adarsh Gram Component: It is a component under PM-AJAY focused on preparing and monitoring village development plans for SC-majority villages through socio-economic indicators.
• Management Information System: It is a digital system used for collecting, managing, monitoring, and analysing scheme-related data for better governance.
• Grants-in-Aid: It refers to financial support provided for livelihood development, welfare activities, and implementation of targeted socio-economic schemes.

Tabular Summary:

---

10. Which state intensified the Jal-Parab campaign to protect wildlife in the Little Rann of Kutch during extreme summer heat?
A) Rajasthan
B) Gujarat
C) Maharashtra
D) Madhya Pradesh
E) Haryana
Answer: B) Gujarat.

Event and Location:

• Event: The Gujarat Forest Department intensified the Jal-Parab campaign to provide water and rescue support for wildlife during extreme heat.
• Location: The campaign is being implemented in the Little Rann of Kutch, Gujarat.
• Date: May 26, 2026.

Mandates and Objectives:

• Mandates: The campaign provides artificial water troughs, tanker-based water supply, bird hydration containers, rescue vans, food support, and continuous wildlife monitoring.
• Objectives: Its objective is to protect desert wildlife from water scarcity, prevent animals from leaving protected zones, reduce conflict risks, and support biodiversity during extreme summer conditions.

Important Terms Explained:

• Jal-Parab campaign: It is a Gujarat Forest Department wildlife support initiative focused on providing water, rescue assistance, and habitat protection during summer heat.
• Little Rann of Kutch: It is a saline desert ecosystem in Gujarat known for extreme temperatures, limited freshwater sources, and important wildlife habitats.
• Indian Wild Ass: It is an iconic wild equid species found in the Little Rann of Kutch and protected in the Indian Wild Ass Sanctuary.
• Indian Wild Ass Sanctuary: It is a wildlife conservation zone in Gujarat established in 1973 to protect one of the last surviving populations of the Indian Wild Ass.
• Artificial Water Troughs: These are man-made water containers placed in wildlife habitats to provide drinking water during periods of natural water scarcity.

Tabular Summary:

---

National Affairs – Daily Current Affairs May 26

11. Which state introduced the Uniform Civil Code Bill 2026 proposing reforms in marriage, divorce, live-in relationships, inheritance, child custody, and polygamy?
A) Gujarat
B) Uttarakhand
C) Assam
D) Goa
E) Madhya Pradesh
Answer: C) Assam.

Event and Location:

• Event: Assam UCC Bill 2026 was introduced in the state assembly to propose major personal law reforms.
• Location: The Bill was tabled in the Assam Legislative Assembly.
• Date: May 26, 2026.

Mandates and Objectives:

• Mandates: The Bill proposes uniform rules on marriage, divorce, inheritance, live-in relationships, child custody, polygamy, bigamy, registration, and fraudulent marriages, while exempting Scheduled Tribes.
• Objectives: Its objective is to create a unified civil law framework, improve legal documentation, protect consent-based marriages, curb child marriage, and ensure uniform marital accountability across communities.

Important Terms Explained:

• Uniform Civil Code: It refers to a common set of personal laws applicable to citizens across communities in matters such as marriage, divorce, inheritance, adoption, and maintenance.
• Live-in Relationship Registration: It refers to the proposed legal requirement for couples in live-in relationships to register their relationship with the Sub-Registrar within the prescribed time.
• Polygamy: It refers to the practice of having more than one spouse at the same time, which the Assam UCC Bill proposes to ban.
• Bigamy: It refers to marrying another person while an existing legal marriage is still valid.
• Bharatiya Nyaya Sanhita: It is India’s criminal law code under which violations such as bigamy and polygamy may attract punishment as mentioned in the proposed Bill.

Tabular Summary:

---

12. Which ministry notified operational rules for the National Sports Board and National Sports Tribunal under the National Sports Governance Act?
A) Ministry of Law and Justice
B) Ministry of Home Affairs
C) Ministry of Youth Affairs and Sports
D) Ministry of Education
E) Ministry of Parliamentary Affairs
Answer: C) Ministry of Youth Affairs and Sports.

Event and Location:

• Event: The Sports Ministry notified operational rules for the National Sports Board and National Sports Tribunal under the National Sports Governance Act.
• Location: The rules apply to sports governance and dispute resolution across India.
• Date: May 26, 2026.

Mandates and Objectives:

• Mandates: The rules establish operational frameworks for the National Sports Board to oversee sports body governance and the National Sports Tribunal to handle sports-related disputes through digital processes.
• Objectives: Its objective is to improve transparency, accountability, faster dispute resolution, digital administration, financial oversight, and professional governance in Indian sports.

Important Terms Explained:

• National Sports Board: It is an oversight body responsible for recognition, compliance monitoring, financial oversight, ethical standards, and governance regulation of sports organisations in India.
• National Sports Tribunal: It is a specialised legal body created to handle sports-related disputes through online filing, virtual hearings, digital notices, and dedicated portal-based orders.
• National Sports Governance Act: It is the governance reform law under which the National Sports Board and National Sports Tribunal have been operationalised.
• Digital Dispute Resolution: It refers to handling legal disputes through online filing, digital documents, virtual hearings, online communication, and electronic record maintenance.
• Search-cum-Selection Committee: It is a committee under the Cabinet Secretary that will oversee appointments to the National Sports Board and National Sports Tribunal.

Tabular Summary:

---

13. Where has Indian Railways inaugurated the CHIRAG Centre to modernise HR governance through AI and digital workforce management?
A) New Delhi
B) Mumbai
C) Hyderabad
D) Chennai
E) Kolkata
Answer: C) Hyderabad.

Event and Location:

• Event: Indian Railways launched the CHIRAG Centre to modernise HR governance through AI, HRMS training, predictive analytics, and digital workforce management.
• Location: The centre was inaugurated at Moula-Ali, Hyderabad.
• Date: May 26, 2026.

Mandates and Objectives:

• Mandates: The CHIRAG Centre will strengthen HR information systems, AI-based analytics, machine learning tools, predictive workforce planning, policy research, HRMS training, and digital learning infrastructure.
• Objectives: Its objective is to modernise railway human resource governance, improve employee data management, standardise HR practices, and promote data-driven workforce administration.

Important Terms Explained:

• CHIRAG: It stands for Centre for HR Information Systems, Research and Analytics in Governance and is a dedicated Indian Railways hub for digital HR governance and analytics.
• HRMS: It stands for Human Resource Management System and refers to digital platforms used for employee data, service records, workforce processes, and HR administration.
• Predictive Analytics: It refers to the use of data and analytical models to forecast future trends such as workforce deployment, retirement patterns, skill gaps, and training needs.
• Artificial Intelligence: It refers to technology that enables machines and software systems to analyse data, identify patterns, automate decisions, and improve administrative efficiency.
• Digital Workforce Management: It refers to technology-based systems used to manage employee records, training, deployment, planning, and human resource operations.

Tabular Summary:

---

14. Where was Kerala’s first private medical museum established?
A) Kochi
B) Kozhikode
C) Ulloor
D) Thrissur
E) Kollam
Answer: C) Ulloor.

Event and Location:

• Event: Kerala’s first private medical museum was established to showcase anatomical models, medical archives, and scientific exhibits.
• Location: The museum is located in Ulloor, Thiruvananthapuram, Kerala.
• Date: May 26, 2026.

Mandates and Objectives:

• Mandates: The museum presents handcrafted anatomical models, embryological exhibits, microbiology archives, paintings, photographs, and medical teaching materials for public learning.
• Objectives: Its objective is to make human anatomy, medical science, and biological concepts easier to understand through visual, physical, and interactive learning tools.

Important Terms Explained:

• Museum of Medical Archives: It is Kerala’s first private medical museum focused on human anatomy, medical history, biological education, and scientific learning.
• Anatomical Models: These are physical or three-dimensional representations of body structures used to explain organs, tissues, systems, and biological processes.
• Embryological Development: It refers to the stages of growth and formation of an embryo before birth.
• Microbiology Archives: These are preserved educational materials related to microorganisms, diseases, laboratory science, and medical learning.
• Hands-on Science Education: It refers to learning through physical models, demonstrations, observation, and interactive exhibits instead of only textbook-based study.

Tabular Summary:

---

---

Over All Review

DOWNLOAD TODAY’S CURRENT AFFAIRS PDF – CLICK HERE

You Must Also Read Daily Current Affairs May 25