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Q.1. The Government of India approved the RBI’s proposal to conduct field trials of 1 billion polymer banknotes each in the ₹10 and ₹20 denominations. Under which section of the Reserve Bank of India Act, 1934, was the proposal for polymer banknotes approved?
भारतसरकारने ₹10 और ₹20 केमूल्यवर्ग (डिनॉमिनेशन) में 1-1 अरबपॉलीमरबैंकनोटोंकेफील्डट्रायलकरनेके RBI केप्रस्तावकोमंज़ूरीदी।रिज़र्वबैंकऑफ़इंडियाएक्ट, 1934 कीकिसधाराकेतहतपॉलीमरबैंकनोटोंकेप्रस्तावकोमंज़ूरीदीगईथी?
(a) Section 17
(b) Section 22
(c) Section 25
(d) Section 35A
(e) Section 45
Answer & Explanation
Ans.(c)
Exp. Government Approves RBI Proposal for Field Trials of ₹10 and ₹20 Polymer Banknotes
The Government of India approved the RBI’s proposal to conduct field trials of 1 billion polymer banknotes each in the ₹10 and ₹20 denominations.
The proposal was approved under Section 25 of the Reserve Bank of India Act, 1934, following a recommendation from the RBI Central Board.
Polymer banknotes are printed on a plastic-based substrate, making them more durable, moisture-resistant, dirt-resistant, and longer-lasting than conventional paper notes.
After successful field trials, the polymer ₹10 and ₹20 notes will be issued for regular circulation, joining India’s Mahatma Gandhi Series banknotes used widely in everyday transactions.
Australia is the first country in the world to introduce and use plastic notes. It released a special 10-dollar plastic note in 1988.
Q.2. India’s Index of Industrial Production (IIP) recorded what growth rate in June 2026?
जून 2026 मेंभारतकेऔद्योगिकउत्पादनसूचकांक (IIP) नेकिसविकासदरकोदर्जकिया?
(a) 5.3%
(b) 6.1%
(c) 7.3%
(d) 7.8%
(e) 10.6%
Answer & Explanation
Ans.(c)
Exp. India’s Industrial Output Surges 7.3% in June, Highest Growth in 23 Months
India’s Index of Industrial Production (IIP) grew by 7.3% in June 2026, marking the highest industrial growth in 23 months, according to government data.
All four major sectors recorded positive growth, led by Manufacturing (7.8%) and Electricity & Gas Supply (10.6%), while Water Supply, Sewerage & Waste Management expanded by 6.1%.
The Mining & Quarrying sector registered comparatively slower growth of 1% during the month.
Q.3. How much did private sector banks collect as Minimum Average Balance (MAB) penalties during FY 2025–26?
Exp. Private Banks Collect ₹4,948.71 Crore in Minimum Balance Penalties During FY 2025–26
Private sector banks collected ₹4,948.71 crore as penalties for non-maintenance of Minimum Average Balance (MAB) in savings and current accounts during FY 2025–26.
Public sector banks collected ₹2,137.92 crore as MAB penalties during the same financial year, significantly lower than private sector banks.
Minimum Average Balance (MAB) is the minimum amount that customers are required to maintain in their bank account over a specified period, usually a month or a quarter.
Private Sector Bank
2022–23
2023–24
2024–25
2025–26
Total (₹ Crore)
HDFC Bank
1,036.05
1,316.80
1,518.92
1,798.14
5,669.91
Axis Bank
878.23
826.45
1,001.29
1,081.33
3,787.30
ICICI Bank
400.45
433.06
391.28
353.50
1,578.29
Kotak Mahindra Bank
192.26
261.24
254.26
290.65
998.41
Yes Bank
59.75
69.66
119.89
195.05
444.35
Public Sector Bank
2022–23
2023–24
2024–25
2025–26
Total (₹ Crore)
State Bank of India
(Current A/C only)
211.47
302.95
418.40
477.27
1,410.09
Bank of Baroda
387.52
443.30
441.35
394.10
1,666.27
Indian Bank
295.23
367.66
503.38
299.17
1,465.44
Canara Bank
390.85
358.67
277.71
213.48
1,240.71
Punjab National Bank
486.16
674.04
417.67
206.68
1,784.55
Q.4. Which company has launched the in-house digital Business Rules Engine (BRE) named ‘Drishti’?
Exp. Axis Finance Launches ‘Drishti’ to Strengthen Digital Credit Decision-Making
Axis Finance Limited (AFL) has launched ‘Axis Finance Drishti’, an in-house Business Rules Engine (BRE) to enable faster, automated, and data-driven credit decision-making across retail and MSME lending.
Drishti aims to enhance risk monitoring, improve credit underwriting efficiency, ensure consistent lending decisions, and strengthen the company’s digital lending capabilities.
Q.5. Which airport became the second in India to be integrated into the Hub-and-Spoke framework for international passenger movement?
Exp. Amritsar Becomes India’s Second Hub-and-Spoke Airport for International Flight Operation
The Ministry of Civil Aviation inaugurated Hub-and-Spoke international flight operations from Amritsar, making it the second airport after Varanasi to join India’s international Hub-and-Spoke framework.
Under the new system, passengers can complete check-in, immigration, and customs at Amritsar Airport, with through-checked baggage and seamless transfers via Delhi, providing access to 20+ international destinations.
The Hub-and-Spoke model is a key part of India’s International Aviation Hub Strategy, aimed at strengthening Indian airports as global transit hubs, generating 0.4 million jobs and contributing USD 30 billion to the economy by 2030.
Q.6. Which state government has launched the ‘Mukhyamantri Machhuara Samman Nidhi Yojana’ to provide financial assistance and social security to fishermen engaged in reservoir fisheries?
Exp. Himachal Pradesh Launches ‘Mukhyamantri Machhuara Samman Nidhi Yojana’ for Fishermen
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu launched the ‘Mukhyamantri Machhuara Samman Nidhi Yojana’ to provide financial assistance and social security to fishermen engaged in reservoir fisheries.
Under the scheme, each eligible fisherman will receive a lump-sum financial assistance of ₹3,500 during the fishing ban period.
About Himachal Pradesh
Capital – Shimla (Summer), Dharamshala (Winter)
Chief Minister – Sukhwinder Singh Sukhu
Deputy Chief Minister – Mukesh Agnihotri
Governor – Kavinder Gupta
Q.7. Which Indian para-athlete won the gold medal in the women’s shot put F57 event at the 2026 Commonwealth Games?
Exp. Raja Muthupandi Wins Silver in Men’s 65 kg Weightlifting at Glasgow Commonwealth Games 2026
India’s Raja Muthupandi won the silver medal in the men’s 65 kg weightlifting event at the Glasgow Commonwealth Games 2026, with a combined lift of 286 kg.
The medal marked Raja Muthupandi’s third consecutive Commonwealth Games podium finish, following his gold medals at Gold Coast 2018 and Birmingham 2022.
Q.9. Which Indian shooter won the gold medal in the women’s 25 metre pistol event at the ISSF World Cup (Rifle/Pistol/Shotgun) held in Hangzhou, China?
Exp. Gulveer Singh Creates History, Harjinder Kaur Wins Silver as India Shines at Commonwealth Games 2026
Gulveer Singh created history by winning the silver medal in the men’s 10,000 metres at the Commonwealth Games 2026, becoming the first Indian athlete to win a medal in the event with a timing of 27:49.78.
Harjinder Kaur won the silver medal in the women’s 69 kg weightlifting event with a combined lift of 227 kg, earning her second consecutive Commonwealth Games medal after winning bronze at Birmingham 2022.
Q.11. The Delhi Government approved the Delhi Lakshmi Yojana to promote the economic empowerment and social security of women, under which eligible beneficiaries. Under the Delhi Lakshmi Yojana, how much monthly financial assistance will each eligible woman receive?
Exp. Delhi Government Approves ‘Delhi Lakshmi Yojana’ with ₹2,500 Monthly Assistance for Women
The Delhi Government approved the Delhi Lakshmi Yojana to promote the economic empowerment and social security of women, under which eligible beneficiaries will receive ₹2,500 per month.
The scheme, approved by the Cabinet chaired by Chief Minister Rekha Gupta, has been allocated ₹5,110 crore in the 2026–27 Delhi Budget, with the registration portal opening on 1 August 2026.
Women aged 21–60 years with an annual family income of up to ₹2.5 lakh will be eligible, and the scheme is expected to benefit over 17 lakh women by supporting education, healthcare, skill development, savings, and financial independence.
Q.12. How much has the Government allocated under the Viksit Bharat – Guarantee for Rozgar and Aajeevika Mission (Gramin) [VB-G RAM G] Act, 2025, for FY 2026–27?
Exp. Government Allocates Record ₹95,692 Crore for VB-G RAM G Rural Employment Scheme in FY 2026–27
The Government has allocated a record ₹95,692 crore for FY 2026–27 under the Viksit Bharat – Guarantee for Rozgar and Aajeevika Mission (Gramin) [VB-G RAM G] Act, 2025, the highest-ever Budget Estimate allocation for any rural employment programme in India.
The VB-G RAM G Act, 2025 guarantees 125 days of wage employment per financial year to every willing rural household demanding work, increasing the entitlement from 100 days under MGNREGS.
The Act expands the scope of permissible works with a focus on water security, rural infrastructure, livelihood creation, and climate resilience, while promoting convergence with other Central and State Government schemes.
Q.13. International Tiger Day (Global Tiger Day) is observed every year on:
International Tiger Day (Global Tiger Day) is observed every year on 29 July to raise awareness about tiger conservation and the need to protect their natural habitats.
The day was established in 2010 during the Saint Petersburg Tiger Summit in Russia, with the objective of reversing the global decline in tiger populations.
Q.14. World Hepatitis Day is observed every year on:
विश्वहेपेटाइटिसदिवसहरसालमनायाजाताहै:
(a) 26 July
(b) 27 July
(c) 28 July
(d) 29 July
(e) 30 July
Answer & Explanation
Ans.(c)
Exp. 28 July – World Hepatitis Day
World Hepatitis Day is observed every year on 28 July to raise awareness about viral hepatitis, promote prevention, early diagnosis, and access to treatment.
The day marks the birth anniversary of Dr. Baruch Samuel Blumberg, who discovered the Hepatitis B virus and developed the first Hepatitis B vaccine.
Led by the World Health Organization, the observance supports global efforts to eliminate viral hepatitis as a public health threat by 2030.