National Affairs 1. Union Government Pushes Fiscal Discipline Ahead of Union Budget 2026 The Union Ministry of Finance reaffirmed commitment to fiscal consolidation with a medium-term target to reduce the fiscal deficit below 4.5% of GDP by FY 2026–27. Capital expenditure allocation for infrastructure is expected to remain above ₹11 lakh crore, focusing on railways,…
THE MAURYAN EMPIRE 5 Introduction The establishment of the Mauryan Empire brought in a new era in the history of India. The Mauryan Empire expanded from East of Afghanistan, Baluchistan and the area west of Indus River to the Deccan. It also spread towards present day Bihar, large parts of Orissa and Bengal. It was…
Q1. Which state government is expected to announce its final decision on the restoration of the Old Pension Scheme (OPS) on 3 January 2026? A) KeralaB) KarnatakaC) Tamil NaduD) Andhra Pradesh Correct Answer: C) Tamil Nadu Q2. Which of the following airlines received a No Objection Certificate (NOC) from the Government of India to start…
1. NATIONAL AFFAIRS — INDIA 1.1 Tamil Nadu to Announce Decision on Old Pension Scheme Tamil Nadu Chief Minister MK Stalin to announce government’s decision on the Old Pension Scheme (OPS) on 3 January 2026. OPS restoration has been long-standing demand of teacher and employee unions; government earlier planned announcement after 6 January. Around 6.24…
Introduction The Mauryan Empire was founded by Chandragupta Maurya. He founded his line of rule out of the last king of Nanda dynasty. He rose to power in about 321 BC. The line of the Mauryan rule was broken in 185 BC when Shungas overpowered them. Mauryan Empire was the first major kingdom that emerged…
Q1. According to RBI stress tests released in January 2026, what is the projected Gross NPA ratio of Indian banks by March 2027? A. 2.9%B. 2.5%C. 1.9%D. 1.5% Correct Answer: C. 1.9% Q2. Which category of financial institutions has been highlighted by RBI as facing rising asset-quality risks in 2026? A. Cooperative BanksB. Microfinance InstitutionsC….
1. National Affairs – India Economic & Banking Updates Indian Banking Sector Health Reserve Bank of India (RBI) stress tests indicate Indian banks are in the healthiest position in a decade, with strong capital buffers able to withstand extreme shocks and improved asset quality. Gross bad loans projected to decline to 1.9% by March 2027…
RELIGIOUS MOVEMENTS (Chapter 3 – Ancient Indian History) Introduction In 6th century BC, India witnessed emergence of several religious sects. This was primarily due to growing social and religious unrest within the varna-based society. Common people were tired of the complex as well as expensive rituals and sacrifices propagated in the later Vedic period. The…
Q1. According to the RBI’s Financial Stability assessment, what is the major systemic risk highlighted for the Indian financial sector in 2026? A. Rising inflation in rural marketsB. High exposure of banks to agriculture loansC. Tight financial linkages between banks and NBFCsD. Decline in foreign direct investment Correct Answer: C. Tight financial linkages between banks…
1. National Affairs — India Banking and Economy RBI Stress Test Report 2025: Reserve Bank of India (RBI) assessment shows Indian banks are currently the strongest in a decade, with a declining ratio of bad loans and adequate capital buffers to withstand severe financial stress; highlights improved asset quality and liquidity position after sustained monetary…
