🇮🇳 National Affairs The Government of India accelerated implementation of Digital Public Infrastructure (DPI) initiatives, expanding coverage of digital identity, payments, and data exchange systems across rural regions. The Ministry of Finance reported that India’s GST collections for March 2026 are expected to cross ₹1.80 lakh crore, indicating strong economic activity and compliance. The Reserve…
🇮🇳 National Affairs • Government Expands Digital Public Infrastructure (DPI) Framework The Government of India announced expansion of Digital Public Infrastructure (DPI) to strengthen service delivery. DPI includes Aadhaar, UPI, DigiLocker, ONDC, and Account Aggregator systems. Over 1.4 billion Aadhaar IDs and 12+ billion monthly UPI transactions highlight India’s digital governance scale. DPI expansion aims…
🇮🇳 National Affairs • Union Cabinet approves National Urban Mobility Enhancement Scheme Focus: Electric buses, integrated ticketing, and metro expansion in Tier-2 cities. Financial outlay: ₹38,500 crore for 2026–2031. Target: Reduce urban transport emissions by 25% by 2030. • Ministry of Rural Development launches “Grameen Digital Saksharta Drive 2.0” Aim: Digital literacy training for 3…
🇮🇳 National Affairs 🔹 Digital Governance & Infrastructure The Government of India continues expansion of Digital Public Infrastructure (DPI) platforms to enhance financial inclusion and service delivery. Over 1.35 billion Aadhaar IDs are now issued, strengthening direct benefit transfer (DBT) efficiency. UPI monthly transaction volume crossed ₹20 lakh crore, reaffirming India’s global leadership in real-time…
🇮🇳 National News The Government of India announced expansion of the Digital Public Infrastructure (DPI) framework to strengthen delivery of welfare services and improve financial inclusion across rural districts. The Ministry of Road Transport & Highways accelerated work under Bharatmala Pariyojana Phase-I, targeting completion of over 34,800 km of national highways to improve freight mobility….
Q1. According to RBI stress tests released in January 2026, what is the projected Gross NPA ratio of Indian banks by March 2027? A. 2.9%B. 2.5%C. 1.9%D. 1.5% Correct Answer: C. 1.9% Q2. Which category of financial institutions has been highlighted by RBI as facing rising asset-quality risks in 2026? A. Cooperative BanksB. Microfinance InstitutionsC….
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….
National Affairs (India) Union Government Reviews Fiscal Consolidation Roadmap The Ministry of Finance reaffirmed its commitment to reduce the fiscal deficit to below 4.5% of GDP by FY 2026. Gross tax revenue collection for FY 2025–26 (till November 2025) crossed ₹21.4 lakh crore, reflecting steady growth in GST and direct taxes. Capital expenditure focus remains…
1. The RBI recently reduced the repo rate by how many basis points in its latest monetary policy? A. 10 bpsB. 15 bpsC. 25 bpsD. 50 bpsAnswer: C. 25 bps 2. After the recent market movements, the Indian rupee weakened to approximately what level against the US dollar? A. ₹88.50B. ₹89.25C. ₹90.07D. ₹91.10Answer: C. ₹90.07…
📝 (MCQs with Answers) 1. Who has been appointed as the new Executive Director of the Reserve Bank of India (RBI) effective 1 December 2025? A. Dr. Michael PatraB. CA Usha JanakiramanC. M. Rajeshwar RaoD. R. Lakshmi PriyaAnswer: B. CA Usha Janakiraman 2. The IMF has reclassified India’s exchange-rate regime to which of the following…
