🔶 National Current Affairs 1. Government Pushes Digital Banking Expansion The Government of India intensified efforts to expand digital banking infrastructure in rural areas under financial inclusion initiatives. As per recent data, digital transactions under UPI crossed 14 billion transactions in February 2026, marking a year-on-year growth of over 35%. Public Sector Banks (PSBs) were…
🔷 National Current Affairs 1. RBI Monetary Policy Update The Reserve Bank of India maintained the repo rate at 6.50% in its latest review. Inflation projection for FY 2026 revised to 5.1%, slightly above the medium-term target. GDP growth forecast retained at 6.8% for FY 2025–26. Focus areas: Liquidity management Digital payments expansion Strengthening NBFC…
National Current Affairs 1. India Maintains Fiscal Deficit Target for FY 2025–26 The Government of India reaffirmed that the fiscal deficit target will remain at 4.4% of GDP for FY 2025–26. The Lok Sabha approved supplementary demands for grants worth ₹2.01 lakh crore. Out of this amount, the net additional cash outgo is approximately ₹1.48…
National Current Affairs Progressive Punjab Investors Summit 2026 Progressive Punjab Investors Summit 2026 is being held from 13–15 March 2026. Venue: Plaksha University, Mohali, Punjab. The summit was inaugurated by Punjab Chief Minister Bhagwant Mann. AAP National Convener Arvind Kejriwal attended as the chief guest. The summit includes 89 sessions focused on investment, artificial intelligence,…
Q1. India recently paid its contribution to the United Nations Regular Budget for 2026. What was the amount paid? A. USD 28.40 millionB. USD 31.75 millionC. USD 35.18 millionD. USD 40.25 million ✅ Correct Answer: C. USD 35.18 million Q2. India’s contribution to the UN Regular Budget 2026 accounts for what percentage of the total…
🏛️ NATIONAL AFFAIRS – INDIA India’s Payment to United Nations Budget (2026) Government of India paid USD 35.18 million towards the UN Regular Budget 2026. India’s contribution rate is 1.016% of the total USD 3.45 billion budget. By paying on time, India joined the UN’s ‘Honour Roll’ of member states fulfilling dues promptly. Tripartite Agreement…
1. National Economy & Banking Updates RBI Raises Ombudsman Compensation Cap – Reserve Bank of India has increased the compensation limit under its Ombudsman Scheme from ₹20 lakh to ₹30 lakh for banking customers, strengthening consumer protection in disputes with regulated financial entities. World Bank Upgrades India Growth Forecast – World Bank has raised India’s…
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…
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,…
National Affairs (India) Union Government Reviews Economic Performance of FY 2025 India’s GDP growth for FY 2024–25 projected at 7.1%, driven by manufacturing, infrastructure spending, and domestic consumption. Gross Tax Revenue crossed ₹34.8 lakh crore, reflecting improved GST and direct tax compliance. Fiscal deficit contained at 5.6% of GDP, aligning with medium-term fiscal consolidation targets….
