Welcome to Daily Current Affairs for 31 March 2026. In this article, you will get the most important national and international current affairs with short explanations. Additionally, you will find exam-important one-liners and MCQs for UPSC, SSC, Banking, Railways and State government exams.
Current Affairs – 31 March 2026
1. Prime Minister to Inaugurate Samrat Samprati Museum in Gujarat on Mahavir Jayanti 
Narendra Modi is set to inaugurate the Samrat Samprati Museum in Gujarat on Bhagwan Mahavir Janma Kalyanak Diwas. Moreover, the museum highlights Jain heritage, ancient Indian history, and the legacy of Emperor Samprati, who is often associated with the spread of Jainism after Emperor Ashoka. Therefore, the inauguration carries cultural and religious significance. For exams, note that Bhagwan Mahavir was the 24th Tirthankara of Jainism, and Mahavir Jayanti remains one of the most important Jain festivals in India.
2. Maharashtra Passes Freedom of Religion Bill 2026
Maharashtra passed the Maharashtra Freedom of Religion Bill 2026, aimed at prohibiting unlawful religious conversion through force, fraud, allurement, coercion, or misrepresentation. Moreover, civil society groups raised concerns regarding constitutional freedoms and administrative discretion. Therefore, the bill has legal and constitutional importance. For exams, note that freedom of religion in India is guaranteed under Articles 25 to 28, but states may regulate conversions through public order legislation.
3. Indian Navy Hosts IONS Maritime Exercise IMEX-TTX 2026 in Kochi
Indian Navy hosted the IONS Maritime Exercise (IMEX) Table Top Exercise 2026 in Kochi with participation from multiple nations of the Indian Ocean Region. Moreover, the exercise focused on maritime coordination, search and rescue, and regional security cooperation. Therefore, it strengthens naval interoperability under multilateral frameworks. For exams, remember that IONS stands for Indian Ocean Naval Symposium, a voluntary maritime cooperation platform among navies of the Indian Ocean littoral states.
4. Sheetal Devi Named World Archery Para Archer of the Year 
Sheetal Devi, India’s 19-year-old para archer, received the World Archery Para Archer of the Year 2025 honour. Moreover, she gained international recognition for competing without arms and using a unique foot-and-shoulder shooting technique. Therefore, her achievement marks a major milestone in India’s para-sports history. For exams, note that Sheetal Devi became globally prominent after medal-winning performances in para archery and remains one of India’s youngest elite para athletes.
5. RBI Imposes Uniform Daily Cap on Banks’ Open FX Positions
Reserve Bank of India introduced a $100 million daily cap on banks’ net open foreign exchange positions, effective from 10 April 2026. Moreover, the new rule replaces earlier capital-linked exposure limits and creates a uniform framework for currency risk control. Therefore, it strengthens prudential supervision in India’s forex market. For exams, note that net open position means the difference between foreign currency assets and liabilities held by a bank, which directly affects exchange-rate risk exposure.
Most Important MCQs with Description
1. Samrat Samprati Museum, recently inaugurated in Gujarat, is mainly associated with:
A. Buddhist heritage
B. Jain historical legacy
C. Sikh reform movement
D. Maratha military history
✅ Answer: B
📝 Explanation:
Samrat Samprati is remembered in Jain tradition as a ruler who actively promoted Jainism after the Mauryan period. The museum highlights Jain heritage and ancient Indian civilisational history.
2. The Maharashtra Freedom of Religion Bill 2026 mainly seeks to prohibit conversion through:
A. Educational institutions only
B. Fraud, coercion and allurement
C. Marriage registration only
D. Temple administration rules
✅ Answer: B
📝 Explanation:
The Bill targets unlawful conversions carried out through force, fraud, undue influence, coercion, or misrepresentation.
3. IONS in maritime cooperation stands for:
A. Indian Ocean Naval System
B. Indian Ocean Naval Symposium
C. International Ocean Navigation Scheme
D. Indian Offshore Navigation Security
✅ Answer: B
📝 Explanation:
IONS is a voluntary forum for maritime cooperation among navies of Indian Ocean littoral countries.
4. Sheetal Devi was honoured by World Archery as:
A. Archer of the Decade
B. Para Archer of the Year
C. Youth Olympic Archer
D. Best Emerging Coach
✅ Answer: B
📝 Explanation:
Sheetal Devi received the Para Archer of the Year honour for her exceptional international performance.
5. RBI’s new forex rule limits banks’ daily net open foreign exchange position to:
A. $50 million
B. $75 million
C. $100 million
D. $150 million
✅ Answer: C
📝 Explanation:
The new cap standardises currency exposure management across banks.
UPSC Style Tricky Prelims Questions
1. With reference to Jainism, consider the following statements:
1. Bhagwan Mahavir was the 24th Tirthankara.
2. Samrat Samprati is associated with spread of Jainism.
3. Jainism rejects the concept of ahimsa.
A. 1 and 2 only
B. 2 only
C. 1 and 3 only
D. 1, 2 and 3
✅ Answer: A
📝 Explanation:
Ahimsa is a core principle of Jainism.
2. With reference to freedom of religion in India, consider:
1. Article 25 guarantees freedom of conscience.
2. States may regulate religious conversions under public order.
3. Parliament alone can legislate on religious conversion.
A. 1 and 2 only
B. 2 only
C. 1 and 3 only
D. 1, 2 and 3
✅ Answer: A
📝 Explanation:
States can legislate under public order powers.
3. Which of the following best describes a Table Top Exercise (TTX)?
A. Live military firing drill
B. Simulation-based planning exercise
C. Naval parade only
D. Air combat mission
✅ Answer: B
📝 Explanation:
TTX focuses on planning, coordination, and scenario discussion.
4. Net Open Position in banking mainly reflects:
A. Cash reserve ratio
B. Currency exposure difference between assets and liabilities
C. Gold reserve level
D. Credit-deposit ratio
✅ Answer: B
📝 Explanation:
It measures forex risk exposure.
5. Which statement is correct regarding para archery?
1. It is governed globally by World Archery.
2. India has rising international presence in para archery.
3. Paralympic archery follows completely different equipment rules from standard archery.
A. 1 and 2 only
B. 2 only
C. 1 and 3 only
D. 1, 2 and 3
✅ Answer: A
📝 Explanation:
Many technical rules remain aligned with standard archery.
FAQ – Daily Current Affairs 31 March 2026
Q1. Which exams require daily current affairs preparation?
UPSC, SSC, Banking, Railways, Defence and State PSC exams require daily current affairs preparation.
Q2. How can I revise current affairs quickly?
You should revise one-liners daily and practice MCQs regularly for better retention.
Q3. Is this current affairs useful for UPSC prelims?
Yes, it is useful for UPSC prelims as it includes national, international, economy, schemes and sports updates.
✅ Conclusion
Daily Current Affairs 31 March 2026 provides important news updates with exam-focused revision points and MCQs. Keep visiting our website daily for the latest updates and PDF notes.Images are not actual its AI generated for better informative.