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…
National Affairs (India) The Government of India approved the National Digital Agriculture Mission (NDAM) Expansion Phase with an additional outlay of ₹9,800 crore, aiming to onboard 6 crore farmers onto AI-based advisory platforms by 2027. The Ministry of Road Transport and Highways inaugurated 12 new National Highway stretches across Uttar Pradesh, Madhya Pradesh, and Maharashtra,…
National Current Affairs 1. Government of India Launches National Digital Credit Framework The Union Government unveiled a comprehensive National Digital Credit Framework to improve credit access for MSMEs, small traders, and self-employed individuals. The framework integrates GST data, bank transaction history, UPI usage, and digital footprints for faster loan approvals. Objective: Strengthen formal credit penetration…
📝 (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…
National Affairs The Government of India approved an expanded Digital Agriculture Mission to integrate AI-based crop forecasting, unified farm-data registries, and remote-sensing analytics for Kharif 2026. The Ministry of Power launched the National Pump Efficiency Upgrade Scheme to replace old agricultural pumps with high-efficiency smart pumps under a blended finance model. India conducted a nationwide…
🧠 Daily Current Affairs Quiz – 24 October 2025 Test your knowledge of the latest current affairs with these 10 important MCQs curated specially for SSC, Bank PO, UPSC, and other competitive exams. Q1. Neeraj Chopra has recently been conferred with which honorary title by the Indian Army? A) MajorB) Lieutenant ColonelC) CaptainD) BrigadierAnswer: ✅…
1. The International Monetary Fund (IMF) has revised India’s GDP growth forecast for FY 2025-26 to what percentage? A) 6.2%B) 6.4%C) 6.6%D) 6.8%Answer: ✅ C) 6.6% 2. Which state government’s delegation, led by Nara Lokesh, began a five-day investment tour to Australia under the Special Visitors Program? A) TelanganaB) Andhra PradeshC) Tamil NaduD) KarnatakaAnswer: ✅…
Question 1: What additional tariff rate did the United States implement on Indian goods effective from August 27, 2025? A) 15% B) 20% C) 25% D) 30% Answer: C) 25% The US implemented an additional 25% tariff on Indian goods, bringing the total tariff burden to 50% on most Indian exports. Question 2: Which electric…
National News Financial Sector Updates Post Office and Bank Schemes Interest Rates Government keeps interest rates on small savings schemes unchanged for the July-September 2025 quarter Public Provident Fund (PPF) remains at 7.1% for the sixth consecutive quarter National Savings Certificate (NSC) continues at 7.7% Sukanya Samriddhi Yojana (SSY) maintains 8.2% interest rate Senior Citizen…
Quiz Questions Question 1: What is the record date set by Bank of India for its final dividend of ₹4.05 per equity share for FY25? A) 15.06.2025 B) 19.06.2025 C) 20.06.2025 D) 27.06.2025 Answer: C) 20.06.2025 Bank of India has specifically set 20.06.2025 as the record date for its final dividend, with shareholders needing to…
