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📰 National Affairs (India) India–EU FTA Talks Begin (14th Round) On 6 October, India and the European Union commenced the 14th round of Free Trade Agreement (FTA) negotiations in Brussels. Emphasis is on breaking deadlocks in tariffs, non-tariff barriers, regulatory harmonization, sustainability, and market access. Both sides aim to finalise the deal before year-end. Piyush…
1. National News & Affairs India–UK Exercise KONKAN-2025 begins The bilateral naval exercise between India and the UK commenced off the western coast of India. It will run from 5 to 12 October 2025. Activities include anti-air, anti-surface, anti-submarine warfare drills, flying operations, and professional interactions. India is deploying INS Vikrant and other ships; the…
Quiz Questions From which date has the RBI introduced real-time cheque clearing in India?A. 01 Oct 2025B. 04 Oct 2025C. 05 Oct 2025D. 01 Nov 2025✅ Answer: B. 04 Oct 2025 What is the deadline for banks to confirm cheque authenticity in Phase 1 of the new system?A. By 5 PMB. By 3 PMC. By…
1. Banking & Financial Reforms From 4 October 2025, the Reserve Bank of India (RBI) introduces a real-time cheque clearing mechanism. Cheques will now be cleared within hours (10:00 AM to 4:00 PM) via continuous settlement, replacing the batch-based system which used to take 1–2 business days. Banks will need to confirm cheque authenticity by…
1. National Affairs & Government / Policy RBI’s push to internationalise the Indian Rupee The Reserve Bank of India announced around 22 reforms aimed at boosting the use of the rupee in cross-border trade. Key steps include establishing direct conversion arrangements with UAE dirham and Indonesian rupiah, expanding rupee vostro account usage (for holding rupee…
1. Key National Developments RBI holds key repo rate at 5.50%The Reserve Bank of India retained its repo rate at 5.50% and adopted a neutral stance. Signals have indicated the possibility of a rate cut in December, contingent on inflation and growth trends. Inflation forecasts have been revised downward, and GDP growth estimates have been…
1. National / India News RBI Monetary Policy: Rate Maintained at 5.50 %In the RBI’s policy review, the repo rate is likely to be held at 5.50 % as per consensus among economists. The central bank continues with a calibrated stance given inflation is within target and growth signals are mixed. Appointment: Shirish Chandra Murmu…
1. National Affairs & India Focus Asia Cup 2025 — India wins & trophy controversy India clinched its 9th Asia Cup title by defeating Pakistan by 5 wickets in the final. However, Indian players refused to accept the trophy from Pakistan’s Mohsin Naqvi (ACC President), citing recent political tensions. The trophy presentation was curtailed; India…
📅 Daily Current Affairs & GK Update – 27.09.2025 1. National Affairs & Government Policies President Droupadi Murmu presented the National Geoscience Awards (NGA) 2024 on 26 September 2025. These awards (established in 1966 under the Ministry of Mines) recognize excellence in mineral exploration, mining, applied geosciences, and technological innovation. The 2024 awards drew 208…
Q1. Which iconic Indian Air Force aircraft was formally retired on 26 September 2025?a) Mirage-2000b) MiG-21c) Sukhoi-30d) RafaleAnswer: b) MiG-21 Q2. World Food India 2025 was inaugurated by the Prime Minister in which city?a) Mumbaib) New Delhic) Chennaid) BengaluruAnswer: b) New Delhi Q3. Which country partnered with India in the UP International Trade Show 2025…
