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📝 Revision Notes
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International
India-South Korea Logistics Cooperation
The DPIIT signed an MoU with South Korea’s KOTI to enhance bilateral cooperation in logistics, supply chain management, and infrastructure development. This partnership strengthens India’s position in global supply chains and promotes knowledge exchange in modern logistics technologies.
Defence
Winged Raider Exercise
Winged Raider is a joint exercise between the Indian Army and Indian Air Force conducted in the Eastern Theater. It focuses on enhancing inter-service coordination, joint operational planning, and readiness along India’s eastern borders, particularly important given strategic challenges in the region.
Digital Governance
e-NAM Platform Expansion
The e-NAM (National Agriculture Market) platform now lists 231 commodities after adding 10 new items. This digital initiative creates a unified national market for agricultural commodities, enabling better price discovery and reducing information asymmetry for farmers across India.
Monetary Policy
RBI Regulatory Timeline Extension
The Reserve Bank of India postponed stricter Liquidity Coverage Ratio (LCR) requirements and revised project financing norms until March 31, 2026. This provides banks additional time to strengthen their balance sheets and align with regulatory requirements without disrupting credit flow.
Defence
Indigenous Aircraft Development
HAL’s upgraded HJT-36 intermediate jet trainer has been renamed Yashas (meaning glory). This indigenously developed aircraft bridges the training gap between basic and advanced jet trainers, reducing dependence on foreign aircraft and strengthening India’s self-reliance in defense manufacturing.
Sports
PV Sindhu’s Brand Partnership
Badminton champion PV Sindhu partnered with PUMA in 2025, marking a significant endorsement deal. Such partnerships highlight the growing commercial value of Indian athletes and the expanding Indian sports market, which attracts major global brands.
International
India-EFTA Trade Agreement
The Trade and Economic Partnership Agreement (TEPA) was finalized between India and EFTA (Switzerland, Norway, Iceland, Liechtenstein). This agreement opens new trade and investment corridors, with EFTA nations offering significant investment commitments and market access to Indian products and services.
Business & Economy
Nokia Leadership Transition
Justin Hotard was appointed as Nokia’s next CEO, succeeding Pekka Lundmark. This leadership change at the Finnish telecommunications giant reflects the company’s strategic repositioning in the 5G and network infrastructure space amid global technological competition.
Health
International Epilepsy Day 2025
Observed with the theme ‘MyEpilepsyJourney’, this day emphasizes patient-centric awareness and personal narratives. The theme aims to humanize epilepsy, reduce social stigma, and promote understanding of the condition through shared experiences of those living with epilepsy.
Financial Inclusion
PMJDY Milestone Achievement
The Pradhan Mantri Jan Dhan Yojana reached 54.58 crore accounts by January 15, 2025. This landmark scheme has brought banking services to millions of unbanked households, enabling direct benefit transfers, insurance coverage, and financial literacy, forming the backbone of India’s digital payment ecosystem.
🎴 Revision Flashcards
Click each card to flip and test your recall
Tap to Reveal
Which Indian body signed MoU with South Korea’s KOTI for logistics cooperation?
DPIIT
Department for Promotion of Industry and Internal Trade
Tap to Reveal
What is the name of the joint Army-Air Force exercise in Eastern Theater?
Winged Raider
Focuses on inter-service coordination in Eastern region
Tap to Reveal
How many commodities are now listed on e-NAM platform?
231
10 new commodities were recently added
Tap to Reveal
What is the new name of HAL’s upgraded HJT-36 trainer aircraft?
Yashas
Means ‘glory’ or ‘success’ in Sanskrit
Tap to Reveal
Which European bloc signed TEPA with India?
EFTA
European Free Trade Association (Switzerland, Norway, Iceland, Liechtenstein)
Tap to Reveal
Who is the new CEO of Nokia?
Justin Hotard
Succeeds Pekka Lundmark
Tap to Reveal
What is the theme of International Epilepsy Day 2025?
MyEpilepsyJourney
Emphasizes personal experiences and patient narratives
Tap to Reveal
How many Jan Dhan accounts under PMJDY as of Jan 15, 2025?
54.58 crore
Major financial inclusion milestone since 2014 launch
Think & Discuss
Balancing Regulatory Rigor and Economic Growth: The RBI’s Dilemma
Context from today’s quiz: The Reserve Bank of India postponed stricter Liquidity Coverage Ratio (LCR) requirements and project financing norms until March 31, 2026, giving banks more time to strengthen their balance sheets. This decision reflects the ongoing tension between maintaining financial stability through regulatory oversight and supporting economic growth through credit availability.
🤔 Your Perspective Matters
Central banks worldwide face the delicate challenge of implementing prudential norms that ensure banking stability while avoiding regulations so strict that they constrain credit flow and economic growth. The RBI’s decision to postpone certain norms demonstrates this balancing act.
Should regulatory authorities prioritize stricter banking norms even if they temporarily slow credit growth, or should they extend implementation timelines to support economic expansion?
Should regulatory authorities prioritize stricter banking norms even if they temporarily slow credit growth, or should they extend implementation timelines to support economic expansion?
- What are the long-term risks of repeatedly postponing banking regulations versus implementing them during economic uncertainty?
- How can regulators design norms that ensure financial stability without creating credit crunches, especially for infrastructure and manufacturing sectors?
- Given India’s development needs and growth aspirations, what should be the optimal approach to banking regulation—gradual tightening with flexibility or strict adherence to international standards?
We’d love to hear your thoughts! Share your perspective in the comments.
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