Banking Current Affairs

MGNREGS (Mahatma Gandhi National Rural Employment Guarantee Scheme) guarantees at least 100 days of unskilled wage employment per year to every rural household whose adult members volunteer for manual work.

The Indian Coast Guard is under the administrative control of the Ministry of Ports, Shipping and Waterways (not the Ministry of Defence), though it works closely with the Navy.

Tata Electronics received government approval for India's first semiconductor fab plant in Dholera Special Investment Region (DSIR), Gujarat.

Tata Electronics received approval for India's first semiconductor fab in Dholera, Gujarat. The government approved Rs 91,000 crore semiconductor projects under the India Semiconductor Mission.

Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (PM-JAY) provides health insurance coverage of Rs 5 lakh per family per year for secondary and tertiary hospitalisation.

The Sahitya Akademi Award is presented by the Sahitya Akademi (National Academy of Letters), India's central institution for literary dialogue and publications.

NITI (National Institution for Transforming India) Aayog was established on January 1, 2015, replacing the Planning Commission which had existed since 1950.

Jagdeep Dhankhar became the 14th Vice President of India in August 2022. He also serves as the ex-officio Chairman of the Rajya Sabha.

The Bharat Ratna 2024 honoured five eminent personalities who made significant contributions in their respective fields. Karpoori Thakur – Honoured for his contribution to social justice and the upliftment of backward communities. Lal Krishna Advani – Honoured for his outstanding contribution to Indian politics and public service.

16. 5. Narasimha Rao – Honoured for pioneering India's economic reforms and national development. Chaudhary Charan Singh – Honoured for his lifelong service to farmers and rural India.
17. 19. Swaminathan – Honoured for leading the Green Revolution and strengthening India's food security.

DRDO tested a long-range hypersonic missile based on the Hypersonic Technology Demonstrator Vehicle (HSTDV) in November 2024, marking a major leap in India's defence capabilities.

HAL (Hindustan Aeronautics Limited) manufactures the Tejas light combat aircraft. India has ordered 83 Tejas Mk1A jets for the Indian Air Force.

ISRO has selected female astronaut candidates as part of its Gaganyaan programme, reflecting India's commitment to gender inclusion in its space programme.

Gaganyaan is planned to send a crew of 3 Indian astronauts (Gaganauts) to a low earth orbit of 400 km for 3 days, making India the 4th country to independently achieve crewed spaceflight.

India engaged in diplomatic negotiations while signalling retaliatory measures, leveraging its position as a key US strategic partner amid trade tensions.

India has the 3rd largest startup ecosystem globally after the US and China, with over 1 lakh DPIIT-recognised startups and 100+ unicorns.

Tasman Saber is a bilateral military exercise conducted between Australia and the USA, with India and other countries sometimes participating as observers or partners.

The QUAD (Quadrilateral Security Dialogue) is a strategic grouping of India, USA, Australia, and Japan, focused on a free and open Indo-Pacific.

India signed a government-to-government deal with France for 26 Marine Rafale (Rafale-M) jets for the Indian Navy, to be based on INS Vikrant, in 2024.

The ICC Champions Trophy 2025 was jointly hosted by Pakistan and UAE, with India's matches played in Dubai/UAE due to India-Pakistan political tensions.

India won the ICC Champions Trophy 2025, claiming their third Champions Trophy title. The tournament was hosted by Pakistan and UAE.