National Current Affairs

1. Government of India Launches National Digital Credit Framework

• The Union Government unveiled a comprehensive National Digital Credit Framework to improve credit access for MSMEs, small traders, and self-employed individuals.

• The framework integrates GST data, bank transaction history, UPI usage, and digital footprints for faster loan approvals.

• Objective: Strengthen formal credit penetration and reduce dependence on informal lending.

• Important for exams: Financial inclusion, fintech, digital banking.

2. RBI Expands Scope of Central Bank Digital Currency (CBDC – e₹)

• RBI expanded the pilot of Digital Rupee (e₹) to include offline transactions and interoperability with UPI.

• New use cases introduced for retail payments, government subsidies, and cross-border remittances.

• Banks instructed to enhance cybersecurity and customer awareness.

• Important for exams: Monetary policy, digital currency, RBI initiatives.

3. India Achieves Record Renewable Energy Capacity Milestone

• India crossed a significant milestone in installed renewable energy capacity, led by solar and wind power.

• New projects commissioned in Rajasthan, Gujarat, and Tamil Nadu.

• The initiative aligns with India’s Net Zero by 2070 commitment.

• Important for exams: Environment, sustainable development, energy policy.

4. Centre Notifies Revised Guidelines for Priority Sector Lending (PSL)

• RBI revised PSL norms to increase lending to agriculture, MSMEs, renewable energy, and weaker sections.

• Enhanced targets for green financing and women-led enterprises.

• Co-lending models encouraged between banks and NBFCs.

• Important for exams: Banking awareness, credit policy.

5. New National Mission on Artificial Intelligence Approved

• Cabinet approved the National Mission on Artificial Intelligence (NM-AI).

• Focus areas include healthcare, agriculture, education, governance, and fintech.

• Emphasis on indigenous AI models and ethical AI deployment.

• Important for exams: Science & Technology, governance.

International Current Affairs

6. G20 Finance Track Emphasizes Global Debt Sustainability

• G20 Finance Ministers discussed measures to address sovereign debt stress in developing economies.

• Focus on multilateral cooperation, IMF reforms, and climate finance.

• India reiterated the need for inclusive global financial governance.

• Important for exams: International economy, global institutions.

7. United Nations Observes International Energy Transition Dialogue

• UN highlighted accelerated transition towards clean and affordable energy.

• Developing nations urged to receive technology and climate financing support.

• India’s renewable energy leadership acknowledged.

• Important for exams: International organizations, climate change.

8. World Bank Revises Global Growth Outlook

• World Bank projected moderate global economic recovery with risks from inflation and geopolitical tensions.

• Emerging economies expected to drive growth.

• Banking sector resilience emphasized.

• Important for exams: Global economy, international finance.

Economy & Banking Current Affairs

9. Inflation Shows Signs of Moderation in India

• Retail inflation showed easing trends due to stable food prices and improved supply chains.

• RBI remains cautious on interest rate decisions.

• Positive outlook for consumption and investment.

• Important for exams: Macroeconomics, inflation trends.

10. UPI Transactions Hit New Monthly High

• Digital payments via Unified Payments Interface (UPI) reached a new record in volume and value.

• Growth driven by rural adoption and feature phone integration.

• Strengthens India’s position as a global digital payments leader.

• Important for exams: Digital banking, NPCI.

Appointments & Governance

11. New Chairperson Appointed to Major Financial Regulatory Body

• Government appointed a new chairperson to a key financial regulatory institution.

• Focus areas include market stability, investor protection, and transparency.

• Important for exams: Appointments, financial regulation.

12. States Launch Governance Reforms Using Digital Platforms

• Several states introduced digital dashboards for monitoring public service delivery.

• Objective: Improve transparency, accountability, and efficiency.

• Important for exams: E-governance, public administration.

Defence & Security

13. India Conducts Successful Test of Indigenous Defence Technology

• DRDO successfully tested an advanced indigenous defence system.

• Enhances India’s self-reliance under Atmanirbhar Bharat.

• Strengthens national security preparedness.

• Important for exams: Defence technology, DRDO.

Science & Technology

14. ISRO Advances Human Spaceflight Programme

• ISRO completed key validation tests related to the Gaganyaan Mission.

• Focus on crew safety systems and life-support technologies.

• Important for exams: Space technology, ISRO missions.

Sports Current Affairs

15. India Performs Strongly in International Sporting Events

• Indian athletes secured medals across shooting, wrestling, and badminton events.

• Continued focus on grassroots sports development and Olympic preparation.

• Important for exams: Sports achievements.

Awards & Honours

16. National Awards Announced for Excellence in Governance

• Awards recognized innovation in public administration, digital service delivery, and social welfare.

• Encourages best practices among government departments.

• Important for exams: Awards, governance.

Important Days

17. Vijay Diwas Observed on 16 December

• India commemorated Vijay Diwas, marking victory in the 1971 Indo-Pak War.

• Tribute paid to armed forces and war heroes.

• Important for exams: History, important days.