Himanta Biswa Sarma Commences Second Consecutive Term as Chief Minister of Assam

Himanta Biswa Sarma has been sworn in as the Chief Minister of Assam for his second successive term, ensuring political continuity in the state.
The oath of office was administered by Governor Lakshman Prasad Acharya to the 15th Chief Minister of the state.
This appointment is significant for aspirants as it marks the consolidation of leadership in a key Northeast Indian state with a focus on ongoing development projects.
The ceremony was attended by various dignitaries, highlighting the state's political stability and governance roadmap.

Key Facts / Static GK

Assam Capital: Dispur
Assam Governor: Lakshman Prasad Acharya
National Parks in Assam: Kaziranga, Manas, Dibru-Saikhowa, Nameri, Orang, Dehing Patkai, Raimona
Tiger Reserves in Assam: Kaziranga, Manas, Nameri, Orang

Q Practice Quiz — 13 May 2026

1. As per the latest RBI Master Direction, what is the maximum penalty for repeated violations regarding the refusal to exchange mutilated or soiled notes?

A Rs 10,000

B Rs 50,000

C Rs 1,00,000

D Rs 5,00,000

E Rs 10,00,000

Explanation: While the initial penalty for a single deficiency is Rs 10,000, it can rise to a maximum of Rs 5 lakh for repeated violations by a bank.

2. Under the new guidelines, what is the maximum daily limit for free exchange of soiled notes at any bank branch?

A 10 pieces or Rs 2,000

B 20 pieces or Rs 5,000

C 30 pieces or Rs 10,000

D 50 pieces or Rs 5,000

E No specific limit mentioned

Explanation: RBI allows free exchange of soiled notes for up to 20 pieces or a total value of Rs 5,000 per day over the counter.

3. Which of the following statements regarding the VB-G RAM G Act is incorrect?

A It will replace the MGNREGA 2005 from July 1, 2026.

B It guarantees 125 days of employment per year.

C The Centre funds 100% of unskilled wages for all states.

D It includes a 60-day 'Seasonal Pause Rule'.

E It aims to enhance rural infrastructure and income.

Explanation: Unlike MGNREGA, where the Centre funded 100% of unskilled wages, the new Act introduces a cost-sharing model (e.g., 60:40 for general states and 90:10 for Himalayan/NE states).

4. Who was sworn in as the 13th Chief Minister of Tamil Nadu in May 2026?

A M.K. Stalin

B Udhayanidhi Stalin

C Joseph Vijay

D Rajendra Vishwanath Arlekar

E Suvendu Adhikari

Explanation: C. Joseph Vijay, leading the TVK party, took the oath as the 13th CM of Tamil Nadu, succeeding M.K. Stalin.

5. From July 1, 2026, if an educational institution wants to use stock price data for classroom demonstration for free, what is the minimum required time lag as per SEBI?

A Live feed

B 1-day lag

C 15-day lag

D 30-day lag

E 3-month lag

Explanation: SEBI has standardized the delay to 30 days for educational use to simplify the earlier framework of 1-day/3-month lags.

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