Banking Current Affairs

China is the world's largest producer of solar energy. India is among the top 5 globally and aims to achieve 500 GW of renewable energy capacity by 2030.

Ahmedabad developed India's first Heat Action Plan in 2013 after the deadly 2010 heat wave. It has served as a model for other Indian cities and globally.

The SCO was established in Shanghai on June 15, 2001. Its founding members were China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan. India and Pakistan joined in 2017.

The eCourts Mission Phase III focuses on digitising the entire judicial system — from filing to judgments — making courts fully paperless and accessible to citizens digitally.

IMEC was announced at the G20 New Delhi Summit in September 2023. It is a railway and shipping corridor connecting India to Europe via the Middle East, as an alternative to China's BRI.

India's foreign exchange reserves crossed $650 billion in early 2026, one of the highest levels ever, providing adequate import cover and a buffer against external shocks.

Muhammad Yunus won the Nobel Peace Prize in 2006 for founding the Grameen Bank and pioneering microcredit. He became head of Bangladesh's interim government in August 2024.

Bangladesh PM Sheikh Hasina resigned amid mass protests in August 2024 and took refuge in India. An interim government led by Muhammad Yunus took charge, creating diplomatic challenges for India.

India is a founding member of the WTO, which was established on January 1, 1995, replacing GATT. India actively participates in WTO dispute resolution and negotiations.

The Genome India Project aims to sequence 10,000 Indian genomes across diverse ethnic groups to build a comprehensive genetic reference database for healthcare and research.

India's National Infrastructure Pipeline was launched in 2019 with an investment target of Rs 111 lakh crore (approximately USD 1.5 trillion) in infrastructure projects over 2020-25.

Make in India aims to increase the manufacturing sector's contribution to India's GDP to 25% and create 100 million additional jobs in manufacturing by 2022 (target extended).

Implementing One Nation, One Election requires constitutional amendments to Articles 83, 85, 172, and 174, as these deal with the duration and dissolution of Parliament and State Assemblies.

The HLC on 'One Nation, One Election' was chaired by former President Ram Nath Kovind. It submitted its report in March 2024, recommending simultaneous elections for Lok Sabha and State Assemblies.

India's BioE3 Policy was launched in 2024 to position India as a global biomanufacturing hub, targeting a $300 billion bioeconomy by 2030.

The IndiaAI Mission includes establishing a shared AI computing infrastructure with 10,000+ GPUs to be made available to startups, researchers, and government for AI development.

The IndiaAI Mission was approved in March 2024 with a total outlay of Rs 10,371 crore over 5 years to build AI computing infrastructure, datasets, and applications.

MSMEs contribute approximately 30% to India's GDP, about 45% of exports, and employ over 11 crore people — making them the backbone of India's economy.

India won the bronze medal in men's field hockey at Paris Olympics 2024, defeating Spain. The gold was won by the Netherlands.

Neeraj Chopra set a new world record in javelin throw in 2025, surpassing Jan Zelezny's long-standing record. Chopra is also the Olympic gold medalist (Tokyo 2020) and silver medalist (Paris 2024).