23 July 2026 Current Affairs MCQs (All India Competitive Exams)
Useful for: UPSC, SSC CGL/CHSL, Banking, Railway, CDS, NDA, CAPF, State PSC, OSSC, OSSSC, Odisha Police SI, CT/B.Ed., and other competitive exams.
1. India recently became the 123rd member to accept which WTO agreement?
A) Trade Facilitation Agreement
B) Agreement on Fisheries Subsidies (AFS)
C) Information Technology Agreement
D) Agriculture Agreement
✅ Answer: B) Agreement on Fisheries Subsidies (AFS)
Brief Information:
India deposited its Instrument of Acceptance for the WTO Agreement on Fisheries Subsidies (AFS), becoming the 123rd WTO member to join the agreement. The pact aims to curb harmful fisheries subsidies and promote sustainable marine resources.
2. India’s 8th Trade Policy Review (TPR) was conducted by which international organization?
A) International Monetary Fund (IMF)
B) World Bank
C) World Trade Organization (WTO)
D) Asian Development Bank (ADB)
✅ Answer: C) World Trade Organization (WTO)
Brief Information:
India’s 8th Trade Policy Review was held at the WTO in Geneva to assess the country’s trade policies, reforms, and export performance.
3. The WTO’s Trade Policy Review of India was held in:
A) New Delhi
B) Geneva
C) Paris
D) Singapore
✅ Answer: B) Geneva
Brief Information:
The Trade Policy Review Mechanism (TPRM) is conducted at the WTO headquarters in Geneva, Switzerland, where members periodically review each other’s trade policies.
4. Exercise Pitch Black 2026, in which the Indian Air Force is participating, is hosted by:
A) United States
B) France
C) Australia
D) Japan
✅ Answer: C) Australia
Brief Information:
Exercise Pitch Black 2026 is a multinational air combat exercise hosted by the Royal Australian Air Force in Australia’s Northern Territory, with participation from the Indian Air Force.
5. Exercise Pitch Black 2026 is primarily related to:
A) Naval warfare
B) Air combat training
C) Cyber security
D) Mountain warfare
✅ Answer: B) Air combat training
Brief Information:
The exercise focuses on large-force air combat, interoperability, and multinational operational coordination among participating air forces.
6. Who is the current Director-General of the World Trade Organization (WTO)?
A) Kristalina Georgieva
B) António Guterres
C) Ngozi Okonjo-Iweala
D) Ajay Banga
✅ Answer: C) Ngozi Okonjo-Iweala
Brief Information:
Ngozi Okonjo-Iweala serves as the Director-General of the WTO and received India’s Instrument of Acceptance for the Fisheries Subsidies Agreement.
7. Which ministry represented India while depositing the Instrument of Acceptance for the WTO Fisheries Subsidies Agreement?
A) Ministry of External Affairs
B) Ministry of Commerce and Industry
C) Ministry of Finance
D) Ministry of Fisheries
✅ Answer: B) Ministry of Commerce and Industry
Brief Information:
The Instrument of Acceptance was submitted by the Department of Commerce, under the Ministry of Commerce and Industry, on behalf of India.
8. Which of the following is correctly matched?
A) Pitch Black 2026 — Australia
B) WTO Trade Policy Review — IMF
C) Fisheries Subsidies Agreement — UNESCO
D) TPR — FAO
✅ Answer: A) Pitch Black 2026 — Australia
Brief Information:
Exercise Pitch Black is one of the world’s largest multinational air warfare exercises, hosted by Australia.
9. The main objective of the WTO Agreement on Fisheries Subsidies is to:
A) Increase fish exports
B) Eliminate harmful fisheries subsidies and prevent overfishing
C) Promote aquaculture loans
D) Reduce seafood prices
✅ Answer: B) Eliminate harmful fisheries subsidies and prevent overfishing
Brief Information:
The agreement seeks to reduce subsidies that contribute to illegal, unreported, and unregulated (IUU) fishing and overexploitation of marine resources.
10. Which of the following is correctly matched?
A) WTO Fisheries Subsidies Agreement — Sustainable marine resources
B) Pitch Black 2026 — Naval Exercise
C) Trade Policy Review — World Bank
D) WTO Headquarters — New York
✅ Answer: A) WTO Fisheries Subsidies Agreement — Sustainable marine resources
Brief Information:
The Fisheries Subsidies Agreement is the first WTO agreement primarily focused on environmental sustainability, aiming to conserve global fish stocks.
📌 One-Line Revision
- ✅ India became the 123rd member of the WTO Agreement on Fisheries Subsidies (AFS).
- ✅ India’s 8th Trade Policy Review was conducted by the WTO in Geneva.
- ✅ Exercise Pitch Black 2026 is hosted by Australia.
- ✅ The Indian Air Force is participating in Pitch Black 2026.
- ✅ Ngozi Okonjo-Iweala is the Director-General of the WTO.
- ✅ The Fisheries Subsidies Agreement aims to eliminate harmful subsidies and prevent overfishing.