I. NATIONAL NEWS RBI Takes Over Delhi Government Banking & Public Debt Management Reserve Bank of India (RBI) signed a Memorandum of Understanding (MoU) with the Government of the National Capital Territory of Delhi. Under this pact, effective from 09.01.2026, RBI will manage general banking operations, cash flows, and rupee-denominated public debt for Delhi government….
1. National News – India Projecting India’s Economic Growth (UN-DESA Report) The United Nations Department of Economic and Social Affairs (UN-DESA) projected India’s GDP growth at 6.6% in 2026 and 6.7% in 2027 based on the World Economic Situation and Prospects (WESP) 2026report. Global growth is expected to moderate to 2.7% in 2026, with global…
1. National News & Developments Bank Holiday / Valmiki Jayanti– On 07.10.2025, many states, including Delhi and Uttar Pradesh, observed a public holiday on account of Maharishi Valmiki Jayanti.– As a result, most banks across the country remained closed following RBI’s holiday calendar.– Educational institutions, government offices and schools in affected states also remained shut….
International Affairs Ukraine Launches Major Drone Strike on Russian Military Bases Ukraine conducted a large-scale drone attack on Russian military installations, hitting over 40 aircraft across four air bases simultaneously The operation was carried out by Ukraine’s SBU security agency and is being termed as Russia’s “Trojan horse moment” The attack involved FPV (First Person…
Quiz Questions 1. What was India’s FDI inflow in FY 2024-25? A) USD 71.28 billion B) USD 75.50 billion C) USD 81.04 billion D) USD 85.00 billion Answer: C) USD 81.04 billion 2. Which state attracted the highest FDI in 2024-25? A) Karnataka B) Delhi C) Maharashtra D) Tamil Nadu Answer: C) Maharashtra 3. The…
1. What significant development took place between India and Pakistan on 10 May 2025? A) Trade agreement B) Ceasefire agreement C) Joint military exercise D) Border opening Answer: B) Ceasefire agreement 2. Which Indian city saw the inauguration of Phase 2A of Metro Line 3, promising a one-ticket system across the region? A) Delhi B)…
