🔎 National News (India) Public Sector Banks (PSB) Strategic Roadmap Meet Government to host a PSB conclave in February 2026. Objective: Draft strategic plans to transform Indian PSBs into globally competitive lenders under “Viksit Bharat 2047” vision. Focus areas: Capital adequacy, global expansion, digitisation, asset quality improvement, and international banking networks. Major Government Borrowing Plan…
Q1. India and the United States finalized a major trade agreement on 03.02.2026. What is the revised average tariff rate on Indian exports to the U.S. after the agreement? A. 10%B. 18%C. 25%D. 30% ✅ Answer: B. 18% Q2. Under the India-US trade agreement, India committed to purchasing goods worth approximately how much from the…
🗞️ NATIONAL AFFAIRS UNION BUDGET 2026-27 PRESENTED Finance Minister Nirmala Sitharaman presented India’s Union Budget 2026-27 with fiscal deficit target of 4.3% of GDP, capital expenditure at ₹12.2 trillion, and total outlay of ₹53.47 trillion. Focus on boosting domestic manufacturing, semiconductors (₹400 billion), bio-pharma (₹100 billion)and creation of green energy & startup incentives. Income tax…
