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Daily Current Affairs 9th and 10th October 2026 Daily GK Update
Current Affairs Quiz 2026, Daily gk updates and Current affairs play a major role in any competitive exam. so here we are providing the current affairs quiz daily for Bank, SSC, Railway and Other Government Competitive Examinations.
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National News
Uttarakhand Becomes India’s 6th Fully Literate State
- Uttarakhand has been officially declared India’s sixth fully literate state with an adult literacy rate of 98.70%.
- Literacy Rate: Reached 98.70%, well above the 95% national benchmark for full literacy among people aged 15 and above.
- Announcement: Announced in Dehradun by Chief Minister Pushkar Singh Dhami and approved by Governor Lt. Gen. Gurmit Singh (Retd.)
- Framework: Achieved under the central ULLAS (Understanding of Lifelong Learning for All in Society) initiative and the National Education Policy (NEP) 2020.
India’s Fully Literate States
- Sikkim: 99.82%
- Himachal Pradesh: 99.30%
- Uttarakhand:98.70%
- Mizoram: 98.20%
- Goa:96.00%
- Tripura: 95.60%
PM to inaugurate 10th edition of India Mobile Congress in New Delhi
- Prime Minister Shri Narendra Modi will inaugurate the 10th edition of the India Mobile Congress (IMC) on 8 October 2026 at around 10 AM at Yashobhoomi, New Delhi.
- The theme of IMC 2026 is “Scale Without Boundaries”, reflecting India’s growing capabilities in digital innovation, next-generation connectivity and technology-led growth.
- The four key pillars of IMC 2026 will be – Srishti: Building the Future; Samvardhan: Fueling Growth; Sashakt: Expanding Opportunities; and Suraksha: Strengthening Trust.
- It will focus on innovation and next-generation digital infrastructure, technology-led economic growth, inclusive digital access, and the development of secure and resilient digital ecosystems.
- IMC 2026 will bring together global technology leaders, policymakers, industry experts, startups, investors and innovators to explore emerging opportunities across the digital ecosystem.
- The 2026 edition will cover nine established anchor sectors, including 5G and 6G, next-generation AI networks, semiconductors, non-terrestrial networks, cyber security, quantum communication, enterprise transformation, circular economy and ESG, and electronics manufacturing.
International News
World Bank ranks India among top 10 in AI readiness
- The World Bank Group has recently released a report titled ‘India and Artificial Intelligence: Seizing the Development Opportunity’ under the India Development Update (IDU).
- According to the World Bank’s latest report, “India has emerged among the top 10 leading emerging-market performers in artificial intelligence (AI) readiness, supported by its large technical workforce, globally integrated IT sector and digital public infrastructure”.
- Recent developments in India’s economy place it in a medium-term and global context.
- The report also suggested that even though aggregate long-term impacts remain uncertain, existing analysis shows that labour market substitution risks are lower than in advanced economies so far due to a smaller share of cognitive jobs, with significant potential for productivity jobs.
Banking & Financial
RBI removes Paytm Payments Bank from list of scheduled banks after licence cancellation
- The Reserve Bank of India (RBI) has removed Paytm Payments Bank Ltd (PPBL) from the list of scheduled banks following the cancellation of its banking licence.
- PPBL has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934. The notification was published on July 31 and later notified in the Gazette of India.
- The central bank had cancelled PPBL’s banking licence in April for non-compliance with regulatory norms, stating that the bank’s affairs were being conducted in a manner detrimental to the interests of depositors.
Adani Power and DGPC sign deal for 770MW Bhutan hydropower project
- Adani Power and Bhutan’s state-owned Druk Green Power Corp. Ltd. (DGPC) have signed a shareholders agreement to develop the 770MW Chamkharchhu-I Hydroelectric Project in Bhutan.
- The project will be located in Zhemgang District in central Bhutan along the Chamkharchhu River. It will be developed as a peaking run-of-river hydropower project under a Build, Own, Operate and Transfer (BOOT) model.
- Adani Power and DGPC will hold 49% and 51% stakes, respectively, in the project. The concession will run for 30 years from the project’s commercial operation date.
World Bank Raises India GDP Growth Forecast For FY27 To 7.1%
- The World Bank raised India’s GDP growth forecast for the current fiscal to 7.1 per cent, up 0.5 percentage points from its projections in April, supported by robust domestic demand and strong exports, despite global headwinds.
- India remains one of the fastest-growing major economies in the world and a key contributor to global growth, the multilateral organisation said in its latest India Development Update.
- “We have upgraded our FY27 growth forecast to 7.1 per cent from 6.6 per cent in April.
India’s FY27 GDP Projections by Organization
- Reserve Bank of India (RBI): 6.7%
- ICRA: 6.7%
- World Bank: 7.1%
- Asian Development Bank (ADB): 7%
- International Monetary Fund (IMF):6.4% – 6.5%
- Moody’s: 7%
- India Ratings and Research (Ind-Ra): 6.8%
- Standard & Poor’s(S&P):7%
- World Economic Forum (WEF)-6.7%
- Finch:6.9%
- OECD:7.1%
RBI Hikes Repo Rate by 25 Basis Points to 5.50%
- The Reserve Bank of India (RBI) has increased its policy repo rate by 25 basis points (bps) to 5.50 per cent, marking the first rate hike since February 2023 and signalling a shift towards tighter monetary policy amid rising inflationary pressures, elevated crude oil prices and a challenging global interest-rate environment.
- The Monetary Policy Committee (MPC) has changed the policy stance to ‘calibrated tightening’ from ‘neutral’ indicating further hike in the interest rates is a likelihood.
- The MPC has also hiked the growth projection from 6.7 per cent to 7.1 per cent in FY27 in the wake of the higher economic activity in the country. The panel also raised the inflation forecast to 5.2 per cent for FY27 from 5 per cent previously.
Policy Rate
- Repo Rate: 5.50% (up from 5.25%)
- Standing Deposit Facility (SDF) Rate: 5.25%
- Marginal Standing Facility (MSF) Rate: 5.75%
- Bank Rate: 5.75%
- Reverse Repo Rate: 3.35%
- CRR: 3%
- SLR:18%
Appointment
Govt appoints Lavanya Mundayur as CMD of New India Assurance
- Lavanya R Mundayur has been appointed as the Chairman and Managing Director of New India Assurance Company Ltd. This appointment will be effective until May 31, 2029.
- Lavanya R Mundayur, currently chairman-cum-managing director of Agriculture Insurance Company of India (AICIL).
- Based on the superannuation date specified in the order, Mundayur could serve as NIACL CMD for a little over two years and eight months from the date of the government order, depending on when she takes charge.
Note: Other General Insurance Company CMD Name
- NICL (National Insurance Company Limited): Mrs. Rajeshwari Singh Muni
- UIIC (United India Insurance Company Limited): Shri Bhupesh Sushil Rahul
- Oriental Insurance Company Limited (OICL): Shri Sanjay Joshi
Air Marshal Ashutosh Dixit Appointed 29th Chief of the Air Staff
- Air Marshal Ashutosh Dixit has been appointed as the 29th Chief of the Air Staff (CAS). He will succeed Air Chief Marshal Amar Preet Singh, who will superannuate on 31st October 2026.
- Before becoming Vice Chief of the Air Staff, he served as Air Officer Commanding-in-Chief, Central Air Command, and later as Chief of Integrated Defence Staff to the Chairman, Chiefs of Staff Committee (CISC).
- Service Profile: Commissioned into the Fighter Stream of the Indian Air Force in 1986 he has flown aircraft including Mirage-2000, MiG variants, Jaguar, IL-78, Hawk and Tejas. He has nearly four decades of service, over 3,500 hours of flying experience, and is an Experimental Test Pilot and Qualified Flying Instructor.
- He has received the Vayu Sena Medal (2006), Vishisht Seva Medal (2011), Ati Vishisht Seva Medal (2023) and Param Vishisht Seva Medal (2026).
Note: List of Defence Staff
- Chief of the Army Staff (COAS): General Dhiraj Seth (since June 30, 2026)
- Chief of the Naval Staff (CNS): Admiral Krishna Swaminathan (since May 31, 2026)
- Chief of Defence Staff (CDS): General N. S. Raja Subramani (since May 31, 2026)
Sports
Novak Djokovic Won Record Seventh China Open Title
- Serbian tennis player Novak Djokovic won his record-extending seventh China Open title on 6 October 2026 in Beijing, taking his career tally to 102 ATP singles titles.
- The victory brought Djokovic within one title of Roger Federer’s 103 career titles.Djokovic extended his winning record at the China Open to 34 victories without a defeat.
Note: List of Maximum Titles
- Novak Djokovic: 102 ATP singles titles.
- Roger Federer: 103 ATP singles titles.
- Jimmy Connors: 109 titles, the Open Era record in men’s singles.
Carlos Alcaraz Won 2026 Japan Open
- Carlos Alcaraz wins the Japan Open men’s singles title in Tokyo on 6 October 2026.
- Defeated Jiri Lehecka 7-6(4), 6-4; successfully defended the title (second consecutive crown).
- Third title of 2026 season; career total rises to 27. Japan Open is an ATP hard-court event on Asian swing.
Verstappen Won Bahrain GP 2026
- Red Bull’s Max Verstappen has finally won his first race of the Formula One season amid chaotic scenes at the Bahrain Grand Prix, which was held in Malaysia an hour and 40 minutes late due to heavy rain.
- Verstappen gained the lead after an early safety car and led home the Mercedes of championship leader Kimi Antonelli in second and the Ferrari of Lewis Hamilton in third at the Sepang International Circuit.
2026 F1 Grand Prix Winner
- Austrian Grand Prix – George Russell (Britian)
- Barcelona-Catalunya Prix – Ferrari’ s Lewis Hamilton (Britain)
- Monaco Grand Prix – Mercedes’s Kimi Antonelli (Italy)
- Canadian Grand Prix – Mercedes’s Kimi Antonelli (Italy)
- Miami Grand Prix – Mercedes’s Kimi Antonelli (Italy)
- Japanese Grand Prix – Mercedes’s Kimi Antonelli (Italy)
- British Grand Prix: Charles Leclerc (Ferrari) (Monaco)
- Dutch Grand Prix : Lando Norris (McLaren) (British)
- Italian Grand Prix: Mercedes’s Kimi Antonelli (Italy)
Important Days
8 October 2026: Indian Air Force Day
- Every year, the India Air Force Day is observed on October 8, and this year it is marked with the 94th anniversary of the Indian Air Force (IAF), which was established on October 8, 1932.
- The celebration of the Indian Air Force Day is pride and courage for every Indian, and which make all the Indian to feel discipline and service of the Indian Air Force.
- This year is also marked with the connection of Exercise Tarang Shakti 2026, which is an multinational air exercise, which is being conducted at Air Force Station Jodhpur under the theme of the “Power in Partnership.”
- Theme 2026: “Indian Air Force – Infallible, Impervious and Precise”.
7 October 2026: World Cotton Day
- This day is celebrated annually on October 7 to highlight the global economic, social, and environmental importance of cotton.
- This day honours farmers who cultivate cotton in the fields, thereby enabling employment for workers across the entire value chain, whether in spinning mills, ginneries, textile manufacturing units, or garment factories.
- Theme 2026: Cotton for Good: Building Prosperity Through Trade, Transformation and Partnership.
Obituary
Renowned British novelist Jeffrey Archer passed away
- Renowned British novelist Jeffrey Archer has passed away. He was 86. The news of the demise of Jeffrey Archer, also a former politician, was confirmed by his publisher via a statement.
- Archer, a former Conservative member of British Parliament, sold more than 300 million books during a writing career that spanned five decades.
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