1. National Affairs – India 1.1 Finance & Economic Developments RBI Takes Over Delhi Government Banking Operations From 9 January 2026, the Reserve Bank of India (RBI) has assumed responsibility for banking operations and public debt management of the Delhi government. Aims to enhance efficiency in cash and debt administration and align Delhi’s public finance…
I. NATIONAL AFFAIRS (INDIA) 1. RBI and Delhi Banking Administration Reserve Bank of India (RBI) entered into a formal agreement with the Government of the National Capital Territory of Delhi (GNCTD) to manage banking operations and rupee-denominated public debt for the capital starting January 9, 2026. This collaboration marks enhanced oversight of financial operations at…
Q1. What is the revised annual production target under India’s National Green Hydrogen Mission by 2030? A. 5 million metric tonnesB. 6 million metric tonnesC. 7 million metric tonnesD. 10 million metric tonnes Answer: C. 7 million metric tonnes Q2. What is the total approved financial outlay for the National Green Hydrogen Mission? A. ₹19,744…
National Affairs (India) Union Government Approves Revised Green Hydrogen Mission Targets The National Green Hydrogen Mission target has been revised to 7 million metric tonnes per annum by 2030, up from the earlier 5 MMT target. Total outlay under the mission now stands at ₹23,500 crore. The mission aims to reduce carbon emissions by nearly…
Q1. What is the target for monthly digital transactions under the National Digital Payments Expansion Programme 2026? A. 8 billion transactionsB. 9.5 billion transactionsC. 10 billion transactionsD. 12 billion transactions Answer: C. 10 billion transactions Q2. India’s fiscal deficit for April–November FY 2025–26 stood at what percentage of the full-year target? A. 48.6%B. 56.2%C. 61.9%D….
National Affairs Union Cabinet Approvals The Union Cabinet approved the National Digital Payments Expansion Programme 2026, aimed at increasing UPI penetration in Tier-3, Tier-4 cities and rural India. Target: 10 billion monthly digital transactions by December 2026. Nodal Ministry: Ministry of Finance in coordination with NPCI. India’s Fiscal Deficit Update India’s fiscal deficit for April–November…
Q1. Which country officially informed the ICC that it will not play its T20 World Cup 2026 matches in India due to security concerns? A. PakistanB. Sri LankaC. BangladeshD. Afghanistan Answer: C. Bangladesh Q2. The ICC Men’s T20 World Cup 2026 will be jointly hosted by which two countries? A. India and AustraliaB. India and…
I. INTERNATIONAL AFFAIRS Bangladesh Withdraws from T20 World Cup Matches in India Bangladesh Cricket Board announced it will not play its scheduled matches in India for the ICC Men’s T20 World Cup 2026 due to security concerns and political tensions. Requests the International Cricket Council (ICC) to relocate fixtures to a neutral venue (likely Sri…
THE PRE-GUPTA PERIOD (Chapter 6) Introduction The later Mauryan or pre-Gupta period started as the Mauryan Empire began to decline. Several rulers came to power and aspired to expand their reign before the Guptas established their hold on India. Learning Objectives In this chapter, you will learn about the: Decline of the Mauryan Empire Native…
Q1. What is the fiscal deficit target reaffirmed by the Union Government to be achieved by FY 2026–27? A. 5.2% of GDPB. 4.9% of GDPC. Below 4.5% of GDPD. Below 3.8% of GDP Answer: C. Below 4.5% of GDP Q2. Which regulatory requirement was strengthened by the Reserve Bank of India to enhance banking sector…
