Current Affairs • Banking • SSC • SBI • IBPS • Exam Preparation
Understand RBI liquidity management through OMO, VRRR and forex swaps, with simple examples, exam traps and current September 2026 context for banking exams.
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…
Quiz (10 MCQs) Q1. National Sports Day in India is observed on which date? A) 15 January B) 29 August C) 5 September D) 2 October Answer: B) 29 August Q2. National Sports Day commemorates the birth anniversary of which sportsperson? A) Milkha Singh B) Dhyanchand C) PT Usha D) Balbir Singh Sr. Answer: B)…
National News ISRO Achievements and Space Mission Updates ISRO successfully conducted first Integrated Air Drop Test (IADT-01) for Gaganyaan mission parachute system demonstration Test involved coordination between ISRO, Indian Air Force, DRDO, Indian Navy, and Indian Coast Guard Gaganyaan uncrewed test mission planned for December 2025 with humanoid robot Vyommitra First crewed spaceflight expected in…
NATIONAL CURRENT AFFAIRS – 06.07.2025 Political and Administrative Updates Parliament Monsoon Session Extended: The Monsoon Session of Parliament has been extended from July 21 to August 21, 2025, instead of the earlier scheduled conclusion on August 12. The session will have a two-day break on August 13-14 for Independence Day preparations. National Sports Policy 2025…
National News Updates Economic and Banking Developments RBI Monetary Policy Impact: The Reserve Bank of India’s recent monetary policy decision in June 2025 has significantly impacted the banking sector, with the repo rate being cut by 50 basis points to 5.50 percent, marking a substantial change from the previous accommodative stance to neutral. Digital India…
National News RBI Cuts Repo Rate by 50 Basis Points The Reserve Bank of India’s Monetary Policy Committee (MPC) concluded its meeting and announced a 50 basis points cut in the repo rate, bringing it down to 5.5%. The policy stance was changed to ‘Neutral’ due to a softer inflation outlook and a need to…
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)…
