📌 NATIONAL AFFAIRS 🔹 Union Budget 2026-27 (Presented on 01.02.2026) Finance Minister: Nirmala Sitharaman presented the Union Budget 2026-27 in Parliament, marking her ninth consecutive Budget. Fiscal Deficit Target FY 2026-27: Set at 4.3% of GDP (reduced from 4.4% in FY25-26). Capital Expenditure: Increased to ₹12.2 lakh crore, the highest ever, accounting for 4.4% of…
1. National Affairs – India Economic & Banking Updates Indian Banking Sector Health Reserve Bank of India (RBI) stress tests indicate Indian banks are in the healthiest position in a decade, with strong capital buffers able to withstand extreme shocks and improved asset quality. Gross bad loans projected to decline to 1.9% by March 2027…
🔹 National Economic & Banking Developments Reserve Bank of India (RBI) on December 5 cut its key repo rate by 25 basis points to 5.25%, aiming to boost banking-sector liquidity and support economic growth. This move has paved the way for potential further rate cuts, given the prevailing low inflation. Bank of India (Bank-INDIA) has…
Key National & International Events (08.12.2025) The Reserve Bank of India (RBI) announced plans to inject substantial liquidity into India’s financial markets — via open-market bond purchases and dollar-rupee forex swaps — aimed at supporting the bond market and overall banking system stability. The Indian rupee remains under pressure, trading near historic lows against the…
📰 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 National & Economic Developments Reserve Bank of India (RBI) appoints new Executive Director: CA Usha Janakiraman has been appointed as Executive Director of the RBI effective 1 December 2025 — a significant leadership update in India’s central banking landscape. Foreign exchange policy update — International Monetary Fund (IMF) reclassifies India’s FX regime: The…
🇮🇳 National News & Economy Banking holiday update: Contrary to common belief, banks in India are open on 29 November 2025. The day falls on a fifth Saturday of the month — and since there’s no special holiday declared, banking operations continue as usual. Digital banking services remain unaffected. Soaring gold-backed lending: According to the…
Q1. Which day is observed in India on 31st October every year? A) National Constitution DayB) Rashtriya Ekta DiwasC) National Youth DayD) Civil Services DayAnswer: ✅ B) Rashtriya Ekta DiwasExplanation: 31st October marks the birth anniversary of Sardar Vallabhbhai Patel, celebrated as National Unity Day (Rashtriya Ekta Diwas). Q2. Who is known as the ‘Iron…
1. National & Economic Affairs RBI Appoints New Executive Directors Reserve Bank of India has appointed Sanjay Kumar Hansda and Sonali Sen Gupta as new Executive Directors. Sanjay Kumar Hansda assumed office from 6 October 2025, and Sonali Sen Gupta from 9 October 2025. This move will influence RBI’s decision-making machinery and could interplay with…
National Current Affairs – 11.09.2025 Political and Administrative Updates Prime Minister Narendra Modi conducted aerial survey of flood-affected regions in Himachal Pradesh and Punjab to assess damage and relief requirements for affected communities Government issued advisory for Indian citizens to defer travel to Nepal until situation stabilizes amid ongoing violent protests and political unrest in…
