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📝 Revision Notes
Key takeaways from today’s quiz to strengthen your preparation
Climate & Environment
India’s Carbon Credit Trading Scheme
India’s first compliance-based Carbon Credit Trading Scheme assigns emission targets to approximately 490 industrial units across seven sectors. Units emitting below thresholds can earn and trade carbon credits, while those exceeding limits must purchase credits from the market.
Governance & Polity
Renaming Kerala to Keralam
The Union Cabinet approved renaming Kerala as ‘Keralam’. This requires an amendment to the First Schedule of the Constitution, which lists all states and Union Territories. Parliament holds the power to alter state names under Article 3.
Business & Economy
National Monetisation Pipeline 2.0
NMP 2.0, formulated by NITI Aayog, estimates a monetisation potential of ₹16.72 lakh crore over FY26–FY30, including ₹5.8 lakh crore in private sector investment. This is 2.6 times higher than NMP 1.0.
Defence & Security
PRAHAAR – India’s Counter-Terrorism Doctrine
PRAHAAR (National Counter-Terrorism Policy & Strategy), released on February 23, 2026, is India’s first unified counter-terrorism doctrine. It marks a shift from reactive to proactive, intelligence-led security with a ‘Zero Tolerance’ stance.
Health & Public Policy
Nationwide Free HPV Vaccination Programme
The Centre launched a free HPV vaccination drive using Gardasil (Quadrivalent), covering HPV strains 16, 18, 6, and 11. The programme targets 14-year-old girls and aligns with WHO’s single-dose recommendation issued in 2022.
International Trade
India–GCC Free Trade Agreement Negotiations
India and the Gulf Cooperation Council (GCC) formally launched FTA negotiations. Bilateral trade reached USD 178.56 billion in FY 2024–25, accounting for over 15% of India’s global trade. Nearly 10 million Indians reside in GCC nations.
International Affairs
Rob Jetten – New PM of the Netherlands
Rob Jetten of Democrats 66 (D66) was sworn in as the Prime Minister of the Netherlands on February 23, 2026. He is the youngest PM in the country’s history and previously served as Minister for Climate and Energy Policy.
Economy & Growth
ICRA’s GDP Growth Projection for Q3 FY2025–26
ICRA projected India’s GDP growth at 7.2% for Q3 FY2025–26, down from 8.2% in Q2. The deceleration was driven by a 23.4% YoY contraction in Central government capital expenditure, weak exports, and base effect.
Sports
Harmanpreet Kaur – Most-Capped in Women’s Cricket
Harmanpreet Kaur became the most-capped player in women’s international cricket history with 356 international matches across all formats. The Indian captain has been instrumental in the growth of women’s cricket in India.
Mountaineering & Defence
Indian Expedition Summits Mount Aconcagua
A joint expedition from NIM Uttarkashi and JIM&WS Pahalgam summited Mount Aconcagua (6,961 m) in Argentina on February 22, 2026. It is the highest peak in South America, led by Col Hem Chandra Singh.
🎴 Revision Flashcards
Click each card to flip and test your recall
Tap to Reveal
How many industrial units are covered under India’s Carbon Credit Trading Scheme?
490 units
Across seven sectors with emission reduction targets
Tap to Reveal
Which Constitutional schedule lists names of all states and Union Territories?
First Schedule
Parliament can alter state names under Article 3
Tap to Reveal
What is the total monetisation potential estimated under NMP 2.0 (FY26–FY30)?
₹16.72 lakh crore
Includes ₹5.8 lakh crore in private sector investment
Tap to Reveal
What is India’s first unified counter-terrorism doctrine called?
PRAHAAR
National Counter-Terrorism Policy & Strategy – released Feb 23, 2026
Tap to Reveal
What was India–GCC bilateral trade in FY 2024–25?
USD 178.56 billion
Over 15% of India’s global trade; ~10 million Indians in GCC
Tap to Reveal
Which vaccine is used in India’s free HPV vaccination programme?
Gardasil (Quadrivalent)
Covers HPV strains 16, 18, 6 & 11; targets 14-year-old girls
Tap to Reveal
How many international caps does Harmanpreet Kaur hold?
356 matches
Most-capped player in women’s international cricket history
Tap to Reveal
Where is Mount Aconcagua located and what is its height?
Argentina – 6,961 m
Highest peak in South America; summited by Indian expedition on Feb 22, 2026
Think & Discuss
Can India’s Carbon Credit Trading Scheme Drive Meaningful Industrial Decarbonisation?
Context from today’s quiz: India has launched its first compliance-based Carbon Credit Trading Scheme, assigning emission targets to 490 industrial units across seven sectors. Simultaneously, the National Monetisation Pipeline 2.0 envisions ₹16.72 lakh crore in asset monetisation — raising questions about how India balances ambitious economic growth targets with its climate commitments.
🤔 Your Perspective Matters
India faces the dual challenge of sustaining high economic growth while meeting its Net Zero 2070 targets. The Carbon Credit Trading Scheme is a market-based mechanism that incentivises emission reductions, but critics argue that covering only 490 units is far from comprehensive enough for an economy of India’s scale.
Can market-based mechanisms like carbon trading effectively reduce industrial emissions, or do we need stricter regulatory mandates for meaningful climate action?
Can market-based mechanisms like carbon trading effectively reduce industrial emissions, or do we need stricter regulatory mandates for meaningful climate action?
- Should the scheme be expanded to cover MSMEs and smaller industrial units, or would that create an unfair compliance burden on smaller businesses?
- How can India ensure that carbon credits are not used as a loophole by large polluters to continue emitting while purchasing cheap credits?
- What role should initiatives like NMP 2.0 play in channelling private investment specifically towards green infrastructure and renewable energy assets?
We’d love to hear your thoughts! Share your perspective in the comments.
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