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Current affairs

Current affairs June 3, 2026 for CUET

3 stories from June 3, 2026, each written from its official release, with the static fact it hangs on and the questions written from it.

WeekJune 2026 in current affairs: ten stories for CUET

Economy & Business

A ₹10,000 crore fund to steady jet fuel prices

On 3 June 2026 the Cabinet approved up to ₹10,000 crore as an interest-free advance to keep jet fuel prices stable for Indian airlines.

On 3 June 2026 the Cabinet approved one-time budgetary support of up to ₹10,000 crore, as an interest-free advance to oil marketing companies, to keep aviation turbine fuel (ATF) prices stable for scheduled Indian airlines during the price volatility caused by the West Asia crisis. The support covers domestic and international operations and is to be recovered and returned to the Consolidated Fund of India when international ATF prices ease.

Test yourself

Question 1

MediumOriginal question

In June 2026 the Cabinet set up a price stabilisation fund of up to ₹10,000 crore for which fuel?

  1. ADiesel
  2. BLPG
  3. CAviation turbine fuel
  4. DCNG
Your answer
Show the answer and explanation

Correct answer: C

Explanation

  1. The fund keeps ATF prices stable for scheduled Indian airlines.

  2. It was prompted by fuel price volatility from the West Asia crisis.

Concept
ATF price stabilisation
Typical time
50 seconds
Written from
pib.gov.in

Question 2

HardOriginal question

How is the ATF price stabilisation support of June 2026 given to oil marketing companies?

  1. AAs a grant that is never repaid
  2. BAs a cut in GST on ATF
  3. CAs a loan from the Reserve Bank
  4. DAs an interest-free advance, to be recovered when prices ease
Your answer
Show the answer and explanation

Correct answer: D

Explanation

  1. It is an interest-free advance through the Petroleum Ministry's Demands for Grants.

  2. When prices moderate, the money is recovered and returned to the Consolidated Fund of India.

Concept
How the ATF fund works
Typical time
65 seconds
Written from
pib.gov.in

Question 3

MediumOriginal question

What is the maximum size of the ATF price stabilisation support approved in June 2026?

  1. A₹1,000 crore
  2. B₹5,000 crore
  3. C₹10,000 crore
  4. D₹25,000 crore
Your answer
Show the answer and explanation

Correct answer: C

Explanation

  1. The one-time support is capped at ₹10,000 crore.

  2. It covers both domestic and international flights of Indian carriers.

Concept
ATF fund size
Typical time
50 seconds
Written from
pib.gov.in
Read the releasePractise this: Economy & Business

Week →Month →

National

A new coastal highway in Odisha, Rameshwar to Paradeep

On 3 June 2026 the CCEA approved a 160 km Rameshwar–Paradeep coastal highway in Odisha costing ₹8,300.79 crore.

On 3 June 2026 the Cabinet Committee on Economic Affairs approved a new coastal highway in Odisha from Rameshwar to Paradeep, about 160 km in two packages, costing ₹8,300.79 crore under the Hybrid Annuity Model. It passes through Khurda, Puri, Kendrapada and Jagatsinghpur districts: four lanes from Rameshwar to Konark and two lanes with paved shoulders from Konark to Paradeep.

Test yourself

Question 1

MediumOriginal question

The new coastal highway approved in June 2026 runs from Rameshwar to which port in Odisha?

  1. AGopalpur
  2. BParadeep
  3. CDhamra
  4. DHaldia
Your answer
Show the answer and explanation

Correct answer: B

Explanation

  1. The highway runs from Rameshwar to Paradeep, via Konark.

  2. Haldia is in West Bengal.

Concept
Odisha coastal highway
Typical time
50 seconds
Written from
pib.gov.in

Question 2

HardOriginal question

On which financing model will the Rameshwar–Paradeep coastal highway be built?

  1. ABuild-Operate-Transfer (toll)
  2. BEngineering, Procurement and Construction
  3. CToll-Operate-Transfer
  4. DHybrid Annuity Model
Your answer
Show the answer and explanation

Correct answer: D

Explanation

  1. It will be built on the Hybrid Annuity Model (HAM).

  2. Under HAM the government pays part of the cost during construction and the rest as annuities.

Concept
Hybrid Annuity Model
Typical time
65 seconds
Written from
pib.gov.in
Read the releasePractise this: National

Week →Month →

Environment & Climate

₹9,585 crore to replace old trucks and buses in Delhi-NCR

A ₹9,585 crore scheme, approved 3 June 2026, helps replace BS-IV or older trucks and buses in Delhi-NCR with BS-VI or electric ones.

On 3 June 2026 the Cabinet approved a two-year scheme, funded through the National Capital Region Planning Board, to cut air pollution in Delhi-NCR by helping owners replace trucks and buses of BS-IV or older norms with BS-VI or electric vehicles. The outlay is ₹9,585 crore, including ₹5,041 crore from the Centre. It covers Delhi, Haryana, Rajasthan and Uttar Pradesh.

Test yourself

Question 1

MediumOriginal question

The Delhi-NCR vehicle scheme of June 2026 helps owners replace trucks and buses of which emission norms?

  1. ABS-VI
  2. BBS-V only
  3. CBS-IV or older
  4. DElectric vehicles
Your answer
Show the answer and explanation

Correct answer: C

Explanation

  1. It targets BS-IV or older trucks and buses, to be replaced by BS-VI or electric ones.

  2. India skipped BS-V and moved from BS-IV to BS-VI in 2020.

Concept
Delhi-NCR old vehicle scheme
Typical time
50 seconds
Written from
pib.gov.in

Question 2

MediumOriginal question

Through which body is the June 2026 scheme to replace old trucks and buses in Delhi-NCR funded?

  1. AThe Central Pollution Control Board
  2. BThe Commission for Air Quality Management
  3. CThe National Green Tribunal
  4. DThe National Capital Region Planning Board
Your answer
Show the answer and explanation

Correct answer: D

Explanation

  1. It is funded through the NCR Planning Board under the Housing and Urban Affairs Ministry.

  2. Road Transport and Petroleum ministries implement it.

Concept
Delhi-NCR scheme funding
Typical time
50 seconds
Written from
pib.gov.in

Question 3

HardOriginal question

What is the total outlay of the Delhi-NCR truck and bus replacement scheme approved in June 2026?

  1. A₹1,601 crore
  2. B₹5,041 crore
  3. C₹9,585 crore
  4. D₹10,000 crore
Your answer
Show the answer and explanation

Correct answer: C

Explanation

  1. The total is ₹9,585 crore.

  2. ₹5,041 crore is the Centre's share and about ₹1,601 crore the states' tax concessions.

Concept
Delhi-NCR scheme outlay
Typical time
65 seconds
Written from
pib.gov.in
Read the releasePractise this: Environment & Climate

Week →Month →

Every item on this page, and the document it came from

Sources on this page · Last verified:

  1. Cabinet approves Price Stabilization Fund for Scheduled Indian Airlines towards ATF pricing — Press Information Bureau, Ministry of Civil Aviation
  2. Cabinet approves the construction of new coastal Highway from Rameshwar to Paradeep on Hybrid Annuity Mode in Odisha — Press Information Bureau, Ministry of Road Transport and Highways
  3. Cabinet approves Scheme for support to NCRPB for replacement of old trucks and buses in Delhi-NCR area — Press Information Bureau, Ministry of Housing and Urban Affairs