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…
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…
1. The RBI Monetary Policy Committee meeting on 05 December 2025 was significant mainly due to which economic factor? A) High fiscal deficitB) Rupee at record highC) Sharp fall in retail inflationD) Decline in foreign exchange reserves Answer: C) Sharp fall in retail inflation 2. Which country’s President arrived in India on 05 December 2025…
📰 National & Economic Developments Reserve Bank of India (RBI) Monetary Policy under Spotlight On 5 December 2025, the central bank’s Monetary Policy Committee, led by Governor Sanjay Malhotra, is set to announce its rate decision. Markets and analysts are divided: some expect a 25 basis point cut (repo rate down to 5.25%) given retail…
📰 Key Highlights – 04 December 2025 Current Affairs National Affairs Indian Navy Day celebrated across India to honour the valor and service of the naval forces. The day commemorates the success of the 1971 naval operations and recognises the strategic importance of India’s maritime security and naval strength. The central government has reportedly removed…
🇮🇳 National & Economic Developments India’s economy sees sharp rebound: The Indian economy recorded a robust 8.2% GDP growth in Q2 of FY 2025-26, marking the fastest pace in the past 18 months. The growth was driven by strong private consumption (up 7.9%) and manufacturing output (up 9.1%). This signals renewed momentum despite global headwinds….
Banking, Finance & Economy IDFC FIRST Bank signed a Memorandum of Understanding (MoU) with FPSB India as an Approved Corporate Partner — aiming to upskill its wealth-management and private banking staff through professional certification programs and strengthen financial-planning services. The interlinkage process between India’s digital payment infrastructure (NPCI / UPI) and the European real-time payment…
10 MCQs Based on Current Affairs (16.11.2025) Each question includes four options with answers below them. 1. As per the latest RBI report (October 2025), bank credit growth stood at: A) 9.7%B) 10.1%C) 11.3%D) 12.8%Answer: C) 11.3% 2. Deposit growth in Indian banks (YoY) as of 31 October 2025 was: A) 7.5%B) 8.9%C) 9.7%D) 12.2%Answer:…
1. National News Government Launches National Digital Scholarship Dashboard Central Government unveiled an integrated portal consolidating all scholarship schemes across ministries. Aims to ensure real-time tracking, transparency, and faster processing for students. Priority beneficiaries include rural students and first-generation learners. India Announces ‘Green Logistics Vision 2040’ Policy launched to reduce logistics emissions by 45% by…
