Daily GK Update Editorial Team

The Daily GK Update Editorial Team manages this independent educational website and publishes current affairs, banking awareness, SSC, SBI, IBPS and competitive-exam resources. The team focuses on clear explanations, primary-source verification, useful revision material and corrections when errors are identified.

Jal Suraksha Abhiyan: An initiative by Govt. of India

Introduction Water scarcity and mismanagement have emerged as critical challenges for India. Recognizing the urgency, the Government of India has launched several initiatives, among which Jal Suraksha Abhiyan stands out as a focused campaign to conserve, manage, and ensure the sustainable use of water resources. Key Highlights of Jal Suraksha Abhiyan Aspect Details Launch Year…

Jal Suraksha Abhiyan

History of Banking Reforms in India

India’s banking sector has undergone significant transformations over the years, driven by various reforms aimed at enhancing efficiency, stability, and inclusivity. These reforms have been implemented to address challenges like non-performing assets (NPAs), capital adequacy, operational inefficiencies, and the need for technological modernization. Key Milestones in Indian Banking Reforms Year. Reform/Committee Key Focus Areas Impact…

History of Banking

Nationalisation of Banks in India: History, Mergers, and Future Plans

The nationalisation of banks in India has been a pivotal event in the country’s economic history, reshaping the financial landscape to promote financial inclusion and economic growth. This article provides a comprehensive overview of the nationalisation process, recent merger activities, and future plans for the banking sector. History of Bank Nationalisation in India Phases of…

nationalisation-of-banks

BIMSTEC Summit: Key Highlights and India’s Strategic Role

The 6th BIMSTEC Summit (2025) marked a significant milestone in regional cooperation, with India playing a pivotal role in shaping the agenda. What is BIMSTEC? BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) is a regional bloc of 7 nations: South Asia: India, Bangladesh, Bhutan, Nepal, Sri Lanka Southeast Asia: Myanmar, Thailand…

BIMSTEC Summit

History of Banking in India: A Comprehensive Guide

The history of banking in India is a fascinating journey that reflects the country’s economic evolution. From ancient practices like usury to the modern digital banking era, the Indian banking system has undergone significant transformations. This article provides an in-depth overview of the key milestones in the history of banking in India, organized for easy…

History of Banking in India

The Waqf (Amendment) Bill, 2024: Key Highlights and Latest Developments

The Waqf (Amendment) Bill, 2024, has been a focal point of debate in Indian parliamentary proceedings. Introduced to address longstanding challenges in the management of Waqf properties, the bill proposes significant amendments to the Waqf Act, 1995. Below is an in-depth analysis of the bill’s objectives, provisions, controversies, and its potential implications. What is the…

Daily Current Affairs

Khelo India Para Games: Promoting Inclusivity in Indian Sports

The Khelo India Para Games (KIPG) represents India’s commitment to promoting para sports and creating opportunities for athletes with disabilities. This multi-sport event, organized under the Khelo India initiative, has quickly become a significant platform for showcasing exceptional talent and fostering inclusivity in Indian sports. History and Evolution The Khelo India Para Games was initially…

Khelo India Para Games 2025

New MSME Classification in India 2025: Understanding the Revised Framework

The Government of India has announced significant revisions to the Micro, Small, and Medium Enterprises (MSME) classification criteria, set to take effect from April 1, 2025. These changes represent a substantial shift in how businesses are categorized under the MSME framework, with both investment and turnover limits being increased to accommodate growing enterprises. Understanding the…

MSME Classification Meaning, Criteria and Benefits