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📝 Revision Notes
Key takeaways from today’s quiz to strengthen your preparation
Governance
29th Controller General of Accounts (CGA)
T.C.A. Kalyani, a 1991-batch ICAS officer, became the 29th CGA in the Ministry of Finance. She has 34+ years of experience and played key roles in fertilizer subsidy DBT and MTNL’s digital transformation.
Sports & Industry
First Sports Goods Manufacturing Conclave
Chaired by Dr. Mansukh Mandaviya. Key highlight: Sports goods manufacturing added under Allocation of Business Rules, 1961. India is Asia’s 3rd largest producer and world’s 21st exporter in sports goods.
Technology
Adi Vaani – AI Tribal Language Translator
India’s first AI-based tribal language translator launched by Ministry of Tribal Affairs. Developed with IIT Delhi, BITS Pilani, IIIT Hyderabad. Covers: Santali, Bhili, Mundari, Gondi. Supports real-time translation and cultural preservation.
Transport
Odisha’s E-Bus Adoption
Odisha ranked 5th in India for e-bus adoption with 450 buses. Plans to expand to 1,000+ buses across Sambalpur, Jharsuguda, Keonjhar, Berhampur, and Angul. Led by CRUT with smart ticketing systems.
International Relations
SCO Summit – Modi-Xi Meeting
PM Modi met President Xi Jinping after 10 months at SCO Summit in Tianjin. Agreements: Resume direct flights, border trade, tourism. Signaled thaw post-Galwan; emphasized partnership over rivalry.
International
India-Japan MoC on Critical Minerals
Signed during 15th India-Japan Annual Summit in Tokyo. Focus areas: Exploration, deep-sea mining, stockpiling strategies. Enables joint investments in India and third countries for economic security.
Economy
RBI’s Private Sector Capex Projection
RBI projected 21.5% growth in private sector capex for FY26, reaching ₹2.67 lakh crore. Key drivers: Strong fundamentals, possible 100-bps rate cut, healthy balance sheets. Focus sectors: Infrastructure and power.
Economy & FDI
100% FDI in Insurance Sector
Finance Ministry allowed 100% FDI in insurance (up from 74%) via automatic route, subject to IRDAI checks. Aims to attract global players, unlock capital, modernize operations, and expand financial inclusion.
Defence
Yudh Kaushal 3.0 Exercise
Multi-domain exercise conducted in Kameng region, Arunachal Pradesh. Demonstrated high-altitude terrain readiness using drone surveillance, AI-enabled tactics, and indigenous ASHNI platoons.
International Index
Global Peace Index (GPI) 2025
India ranked 115th out of 163 countries (score: 2.229), unchanged from 2024. Iceland topped globally; Singapore ranked 6th globally and 1st in Asia. Published by Institute for Economics and Peace (IEP).
🎴 Revision Flashcards
Click each card to flip and test your recall
Tap to Reveal
Who is the 29th Controller General of Accounts (CGA)?
T.C.A. Kalyani
1991-batch ICAS officer
Tap to Reveal
What is “Adi Vaani”?
AI-powered tribal language translator
Covers Santali, Bhili, Mundari, Gondi
Tap to Reveal
Which state ranks 5th in India for e-bus adoption?
Odisha
450 e-buses, plans for 1,000+
Tap to Reveal
India signed MoC on critical minerals with which country?
Japan
15th India-Japan Annual Summit in Tokyo
Tap to Reveal
RBI’s projected private sector capex growth for FY26?
21.5%
₹2.67 lakh crore expected
Tap to Reveal
New FDI limit in insurance sector?
100% (up from 74%)
Via automatic route, subject to IRDAI
Tap to Reveal
Where was Yudh Kaushal 3.0 exercise conducted?
Kameng region, Arunachal Pradesh
Multi-domain exercise with AI-enabled tactics
Tap to Reveal
India’s rank in Global Peace Index 2025?
115th out of 163
Iceland #1, Singapore #1 in Asia
Think & Discuss
100% FDI in Insurance: Boon or Bane for India’s Financial Sector?
Context from today’s quiz: The Government of India recently allowed 100% Foreign Direct Investment in the insurance sector (up from 74%) via the automatic route. This landmark reform aims to attract global insurers, unlock capital, modernize operations, and expand financial inclusion across the country.
🤔 Your Perspective Matters
The insurance sector reform represents one of the biggest FDI liberalization moves in recent years. While proponents argue it will bring in global expertise and capital, critics worry about domestic companies being overshadowed and profits flowing out of India.
Do you think allowing 100% FDI in insurance will strengthen India’s financial ecosystem, or could it pose risks to domestic insurers and policyholders?
Do you think allowing 100% FDI in insurance will strengthen India’s financial ecosystem, or could it pose risks to domestic insurers and policyholders?
- How might increased foreign participation impact insurance penetration in rural and underserved areas?
- What safeguards should IRDAI implement to protect policyholders’ interests?
- Could this move trigger similar FDI reforms in other restricted sectors like banking and defence?
We’d love to hear your thoughts! Share your perspective in the comments.
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