George Russell Wins 2026 Australian Grand Prix Season Opener

British driver George Russell, representing the Mercedes-AMG Petronas F1 Team, won the 2026 Australian Grand Prix.
This victory marks a perfect start for Russell in the opening race of the Formula One World Championship 2026 season.
Russell dominated the track in Melbourne to secure his position as a top contender for the world title this year.
The win highlights the improved performance of Mercedes' racing technology for the new championship cycle.
Exam Perspective: Major Grand Prix winners are frequent questions in the sports section of current affairs exams.

Key Facts / Static GK

Australian GP Venue: Albert Park Circuit, Melbourne
F1 Governing Body: FIA (Fédération Internationale de l'Automobile)

Q Practice Quiz — 12 March 2026

1. Who announced the formation of the high-level expert group to design the technology roadmap for India's securities market ecosystem?

A Madhabi Puri Buch

B Tuhin Kanta Pandey

C Shaktikanta Das

D Ajay Tyagi

E Ashish Chauhan

Explanation: Tuhin Kanta Pandey, the Chairman of SEBI (as cited in the report), made the announcement during an event celebrating 30 years of the Nifty 50.

2. According to the updated RBI guidelines on Counterparty Credit Risk (CCR), what is the prescribed risk weight for trade exposures to Qualifying Central Counterparties (QCCPs)?

A 1%

B 2%

C 5%

D 10%

E 20%

Explanation: The RBI has mandated a risk weight of 2% for trade exposure to Qualifying Central Counterparties (QCCPs).

3. What is the specific cancer care coverage amount provided to account holders of the 'bob Women Sapphire' Savings Account?

A ₹2 lakh

B ₹5 lakh

C ₹10 lakh

D ₹15 lakh

E ₹20 lakh

Explanation: The 'bob Women Sapphire' account offers ₹10 lakh cancer care coverage for women aged between 18 and 60 years.

4. Which of the following statements is true regarding the restructuring of the Jal Jeevan Mission?

A It has been extended until 2030.

B The focus has shifted from service delivery to infrastructure creation.

C It is now known as JJM 2.0 with a focus on sustainable water governance.

D The total outlay for the mission is ₹3.59 lakh crore.

E The nodal ministry is the Ministry of Rural Development.

Explanation: The Jal Jeevan Mission has been restructured as JJM 2.0, moving the focus from infrastructure creation to sustainable service delivery and water governance.

5. Which airport in Tamil Nadu was recently designated as an 'International Airport' by the Union Cabinet?

A Coimbatore Airport

B Trichy Airport

C Madurai Airport

D Salem Airport

E Tuticorin Airport

Explanation: The Union Cabinet approved the declaration of Madurai Airport as an International Airport to support tourism and regional connectivity.

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