Daily Current Affairs Quiz: July 5-6, 2026

Notes:
Specialised Investment Funds (SIFs) have crossed ₹13,814 crore in Assets Under Management (AUM) shortly after their introduction. Specialised Investment Funds (SIFs) is a new investment product introduced by the Securities and Exchange Board of India (SEBI). It aims to bridge the gap between mutual funds and Portfolio Management Services (PMS). The framework was introduced through amendments to the SEBI (Mutual Funds) Regulations, 1996. SIF investment strategies are divided into Equity-oriented, Debt-oriented, and Hybrid strategies. Currently, only one strategy per category is permitted for each SIF.

Notes:
The Giant African Snail (Lissachatina fulica) is spreading rapidly in Tirunavaya panchayat, Kerala, including school campuses. It is considered one of the world’s worst invasive species. It is native to East Africa but has spread globally through the pet trade, food use, and accidental introduction. It thrives in warm, humid tropical climates. It is found in agricultural fields, wetlands, forests, scrublands, coastal areas, and urban regions.

Notes:
The LokOS (Lok = People, OS = Operating System) platform has expanded across India, driving the digital transformation of Self-Help Groups and community institutions on a large scale. LokOS is a web and mobile platform under the Deendayal Antyodaya Yojana–National Rural Livelihoods Mission (DAY-NRLM). It provides a digital solution for managing Self-Help Groups (SHGs) and Community-Based Organizations (CBOs). The web application is used for creating and approving SHGs, Village Organizations (VOs), Cluster Level Federations (CLFs), and members. The mobile application helps in field-level recording and management of CBO activities.

Notes:
Scientists at Central Marine Fisheries Research Institute (CMFRI), Kochi discovered a new deep-sea fish species named Cyttopsis indica. It was found in the Arabian Sea off southern Kerala. It belongs to the genus Cyttopsis, commonly known as dories. It has been given the common name Indian Dory. It survives deep-sea pressure by storing high levels of waxy compounds, making it unsuitable for direct human consumption.