National Affairs (India) Union Government Reviews FY 2025–26 Fiscal Position Gross tax collections crossed ₹23.8 lakh crore by December 2025, reflecting a year-on-year growth of approximately 13%. Direct tax collections contributed over 55% of total tax revenue, indicating improved compliance and widening of the tax base. Fiscal deficit stood close to 58% of the Budget…
1. National Affairs (India) The Government of India launched the National Urban Digital Infrastructure Mission (NUDIM) on 19 December 2025 to integrate urban governance platforms across 100 smart cities. Implementing ministry: Ministry of Housing and Urban Affairs Objective: Unified digital services for property tax, utilities, transport, and grievance redressal Initial budget allocation: ₹7,500 crore Narendra…
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…
National Affairs (India) The Government of India intensified its focus on infrastructure-led growth, with multiple highway, railway and logistics park projects reviewed under the PM Gati Shakti framework. The Ministry of Home Affairs strengthened border management and internal security mechanisms, particularly in sensitive regions, through technology-driven surveillance and coordination initiatives. India’s renewable energy capacity continued…
(MCQs for SSC, Banking & Other Exams) 1. Which ministry launched the Jal Shakti Hackathon-2025 and the Bharat Water Innovation Network (Bharat-WIN) Portal? A. Ministry of EnvironmentB. Ministry of Jal ShaktiC. Ministry of Science & TechnologyD. Ministry of Rural DevelopmentAnswer: B. Ministry of Jal Shakti 2. Jal Shakti Hackathon-2025 is aligned with which national vision?…
1. RBI recently reduced the repo rate by how many basis points in its latest monetary policy review? A. 10 bpsB. 15 bpsC. 25 bpsD. 50 bps✔️ Answer: C. 25 bps 2. After the latest revision, what is India’s updated GDP growth forecast for FY 2025–26 as per RBI? A. 6.5%B. 6.8%C. 7.0%D. 7.3%✔️ Answer:…
1. National Developments The National Action Plan on Antimicrobial Resistance (2025‑29) (NAP-AMR 2.0) was formally launched by the Union Health Minister. This updated strategy aims to tackle antibiotic resistance via a “One Health” approach covering human health, animal health, agriculture and environment sectors. Responsibilities, budgets and timelines across 20+ ministries have been laid out for…
🧠 Daily Current Affairs Quiz – 04 November 2025 Q1. The Banking Laws (Amendment) Act, 2025 introduced a new provision allowing how many individuals to be nominated for a bank deposit account? A) TwoB) ThreeC) FourD) FiveAnswer: ✅ C) Four Q2. From which date did the provisions of the Banking Laws (Amendment) Act, 2025 come…
1. Which cyclone made landfall near Kakinada, Andhra Pradesh, causing heavy rainfall and strong winds? A) Cyclone NisargaB) Cyclone MonthaC) Cyclone FaniD) Cyclone AmphanAnswer: B) Cyclone Montha Explanation: Cyclone Montha hit the eastern coast of India near Kakinada with wind speeds up to 110 km/h, leading to widespread damage and transportation disruptions. 2. How many…
Q1. India’s foreign exchange reserves reached which new milestone in October 2025? A) US $650 billionB) US $700 billionC) US $702.28 billionD) US $710 billionAnswer: ✅ C) US $702.28 billion Q2. The recent surge in India’s forex reserves was mainly due to an increase in which component? A) Foreign currency assetsB) Gold holdingsC) SDRsD) IMF…
