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International Day for the Conservation of the Mangrove Ecosystem 2026 Observed on 26 July

The United Nations Educational, Scientific and Cultural Organization (UNESCO) marks July 26 annually as the International Day for the Conservation of the Mangrove Ecosystem.
The date honors Hayhow Daniel Nanoto, a Greenpeace activist who lost his life in 1998 during a mangrove restoration protest campaign in Muisne, Ecuador.
Mangroves act as crucial coastal defense systems, carbon sinks, and nurseries for marine biodiversity.
Exam Perspective: Awareness of global environmental observances reinforces ecological conservation topics in competitive exams.

Key Facts / Static GK

UNESCO Headquarters: Paris, France
Director-General of UNESCO: Audrey Azoulay

Q Practice Quiz — 29 July 2026

1. How many pieces of ₹10 polymer banknotes has the Reserve Bank of India proposed for field trials?

A 50 crore pieces
B 100 crore pieces
C 150 crore pieces
D 200 crore pieces
E 250 crore pieces

Explanation: The Reserve Bank of India proposed the field trial introduction of 100 crore pieces of ₹10 notes alongside 100 crore pieces of ₹20 notes.

2. What was the growth rate of India's Index of Industrial Production (IIP) recorded for June 2026?

A 5.1%
B 6.4%
C 7.3%
D 8.2%
E 9.0%

Explanation: According to the Quick Estimates released by MoSPI, India's industrial production grew by 7.3% year-on-year in June 2026.

3. What total penalty amount was collected by private banks in FY 2025–26 for failing to maintain the Minimum Average Balance?

A ₹2,137.92 crore
B ₹3,450.00 crore
C ₹4,948.71 crore
D ₹5,100.50 crore
E ₹6,200.00 crore

Explanation: Private sector banks collected ₹4,948.71 crore in FY 2025–26 as non-maintenance penalties for minimum account balances.

4. What was the year-on-year growth rate of net profit recorded by Public Sector Banks in FY 2025–26?

A 9.5%
B 10.2%
C 11.1%
D 12.8%
E 15.7%

Explanation: The aggregate net profit of Public Sector Banks increased by 11.1% year-on-year to reach ₹1.98 lakh crore in FY 2025–26.

5. What is the primary function of the newly launched 'Axis Finance Drishti' engine?

A Automated UPI Payment Processing
B Digital Credit Decision-Making & Risk Monitoring
C Cross-Border Remittance Settlement
D Automated Customer Grievance Redressal
E Direct Tax Collection Management

Explanation: Axis Finance Drishti is a digital Business Rules Engine (BRE) engineered to refine credit decisioning and risk monitoring across MSME and retail operations.

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