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easyQ. No. 20044

According to the steel-sector release dated 23 October 2026, India was a net importer of finished steel in April–September 2026 on which basis?

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ANumber of factories
BNumber of listed companies
CQuantity
DOnly employment
Correct Answer: C. Quantity

Introduction

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Explanation

Introduction Economy | Net trade status depends on comparing imports and exports using the same unit and period. Explanation India was a net importer in quantity terms. Finished-steel imports were 4.14 million tonnes against exports of 3.55 million tonnes in April–September 2026. Imports exceeded exports by 0.59 million tonnes. The same release reported crude-steel output of 85.1 million tonnes and finished-steel consumption of 85.0 million tonnes. Production, consumption and trade are different measures; do not use domestic production alone to infer net-importer status. Important Notes H1 imports: 4.14 Mt; exports: 3.55 Mt. Net imports: 0.59 Mt. Mt: million tonnes. Source: https://www.pib.gov.in/PressReleasePage.aspx?PRID=2327351

Important Notes

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Current Affairs October 2026 FAQs

Common questions and clear answers for this topic.

Where can I find daily current affairs for October 2026?

Every date of October 2026 has its own page under this topic. Open the date you want and you will get exam-style MCQs with answers and short explanations.

Which exams is October 2026 current affairs useful for?

SSC CGL and CHSL, Banking exams like IBPS and SBI, RRB, State PSC and UPSC prelims. Exams held in 2027 usually ask current affairs from the previous six to eight months, so October 2026 is important.

Is the October 2026 current affairs quiz available in Hindi?

Yes. Every question, option and explanation is given in both Hindi and English, so you can practise in the language of your exam.

How should I revise a full month of current affairs?

Solve one date a day and mark the questions you get wrong. Go back to those on the weekend. At the end of the month, one quick round of all the wrong answers is usually enough.