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📝 Revision Notes
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Culture & GI Tags
Ryndia (Eri) Silk — GI Tag, Meghalaya
Ryndia is the Khasi name for eri silk, popularly called Peace Silk or Ahimsa Silk as no silkworms are killed during extraction. Derived from the castor (ryndia) plant, the GI tag was facilitated by Meghalaya’s Department of Textiles with NABARD support.
Aviation
Skytrax 5-Star Rating — KIA T2, Bengaluru
KIA T2 (Kempegowda International Airport), Bengaluru became India’s first terminal to earn Skytrax’s 5-star rating at the World Airport Awards 2025. KIA ranked 48th globally and won Best Regional Airport in India & South Asia. Delhi IGIA ranked 32nd and won Best Airport in India and South Asia. Singapore Changi won World’s Best Airport for a record 13th time.
Monetary Policy
RBI MPC — Repo Rate Cut to 6.00%
The MPC’s 54th meeting (April 7–9, 2025), chaired by Governor Sanjay Malhotra, unanimously cut the repo rate by 25 bps to 6.00%. Consequent rates: SDF at 5.75%, MSF/Bank Rate at 6.25%. RBI also revised FY26 GDP growth projection to 6.5%.
International — Solar Energy
ISA Country Partnership Framework — Mauritius
Mauritius became the 4th country and first in Africa to sign the ISA’s Country Partnership Framework (CPF), following Bangladesh, Bhutan, and Cuba. The International Solar Alliance was co-founded by India and France in 2015 and targets mobilising USD 1 trillion in solar investments by 2030. Plans include floating solar, agrivoltaics, and a STAR-C centre.
Space & International
Artemis Accords — Bangladesh (54th Signatory)
Bangladesh became the 54th country to sign NASA’s Artemis Accords in April 2025. Established in October 2020 and grounded in the 1967 Outer Space Treaty, the Accords promote peaceful space exploration. Bangladesh’s benefits include technology transfer and capacity-building for SPARRSO (est. 1980).
Skills & Education
India Skills Accelerator — Leadership
The India Skills Accelerator (MSDE–WEF) was co-chaired on the private sector side by Shobana Kamineni (Apollo HealthCo) and Sanjiv Bajaj (Bajaj Finserv). Government co-chairs were Jayant Chaudhary (MSDE) and Dr. Sukanta Majumdar (Ministry of Education).
Business & Finance
GAIL Global IFSC Limited — GIFT City
GAIL incorporated its wholly-owned subsidiary GAIL Global IFSC Limited at GIFT City, Gandhinagar on April 7, 2025. With authorised capital of Rs 17 crore and paid-up capital of Rs 8.5 crore, it will manage global treasury functions and ship leasing activities.
Gender & Health
National Safe Motherhood Day — April 11
National Safe Motherhood Day (April 11) marks the birth anniversary of Kasturba Gandhi (born April 11, 1869). Initiated by White Ribbon Alliance India and officially declared by GoI in 2003, India is the only country with a nation-specific motherhood day. India accounts for 15% of global maternal deaths (~44,000 annually).
Arts & Culture
Marvin Levy — Honorary Academy Award (2018)
Marvin Levy (d. April 2025) was the first and only publicist to receive an Honorary Academy Award, in 2018. He led iconic campaigns for Lawrence of Arabia and Funny Girl at Columbia Pictures, and partnered with director Steven Spielberg on films including E.T., Schindler’s List, and Saving Private Ryan.
Economy
RBI GDP Projection vs ADB — FY26 Comparison
Two key institutions revised India’s FY26 GDP forecasts downward in April 2025: RBI projected 6.5% growth (announced April 9), while ADB projected 6.7% (in its Asian Development Outlook). Both cited US tariff uncertainties as the primary downside risk to India’s growth trajectory.
🎴 Revision Flashcards
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Tap to Reveal
By what popular name is Meghalaya’s Ryndia (eri) silk known, and why?
Peace Silk / Ahimsa Silk
Silkworms are not killed during extraction; GI tag facilitated with NABARD support
Tap to Reveal
Which Indian airport terminal first earned Skytrax’s 5-star rating, and where did Singapore Changi rank?
KIA T2, Bengaluru
Changi won World’s Best Airport for a record 13th time; KIA ranked 48th globally
Tap to Reveal
What repo rate did RBI set in April 2025, and what are the corresponding SDF and MSF rates?
Repo: 6.00% | SDF: 5.75% | MSF: 6.25%
54th MPC meeting; unanimous 25 bps cut; chaired by Governor Sanjay Malhotra
Tap to Reveal
Which countries signed ISA’s CPF before Mauritius, and what is ISA’s 2030 investment target?
Bangladesh, Bhutan, Cuba → Mauritius (4th)
ISA co-founded by India & France (2015); target: USD 1 trillion in solar investments by 2030
Tap to Reveal
Bangladesh became which numbered signatory to the Artemis Accords, and when were the Accords established?
54th signatory
Accords established by NASA in October 2020; grounded in the 1967 Outer Space Treaty
Tap to Reveal
Where was GAIL Global IFSC Limited incorporated, and what are its two main functions?
GIFT City, Gandhinagar
Global treasury functions + ship leasing; authorised capital Rs 17 cr; paid-up Rs 8.5 cr
Tap to Reveal
Whose birth anniversary is National Safe Motherhood Day, and what share of global maternal deaths occur in India?
Kasturba Gandhi (April 11, 1869)
India accounts for 15% of global maternal deaths (~44,000/year); declared NSMD in 2003
Tap to Reveal
What distinction did Marvin Levy hold with respect to the Academy Awards?
First (and only) publicist to receive an Honorary Academy Award (2018)
Long-term collaborator of Steven Spielberg; campaigns for E.T., Schindler’s List, Saving Private Ryan
Think & Discuss
RBI’s Rate Cut in a Tariff-Turbulent World: Growth Insurance or Inflation Risk?
Context from today’s quiz: The RBI’s MPC unanimously cut the repo rate by 25 basis points to 6.00% in April 2025, while simultaneously revising India’s FY26 GDP growth projection down to 6.5%. This comes at a time when both the ADB and RBI cite US tariff uncertainties as a key downside risk — raising the question of whether monetary easing alone can sustain growth momentum, or whether it risks fuelling inflation if supply-side pressures persist.
🤔 Your Perspective Matters
When global trade headwinds threaten growth, central banks often turn to interest rate cuts as their primary lever. But India’s inflation history, fiscal constraints, and dependence on imported commodities make this a more complex calculus than it appears. The RBI’s unanimous decision signals confidence — but unanimity can also mask suppressed dissent in the face of political and economic pressure.
Is a rate cut the right tool for India right now — or does it risk trading a growth shortfall for an inflation problem that will be harder to fix?
Is a rate cut the right tool for India right now — or does it risk trading a growth shortfall for an inflation problem that will be harder to fix?
- Given that India’s growth slowdown is largely driven by external factors (US tariffs, global demand weakness), can monetary easing by the RBI meaningfully counter these headwinds — or are the levers simply mismatched with the problem?
- With food inflation structurally elevated and India’s rupee under depreciation pressure, what risks does a rate cut pose, and how should the RBI balance its dual mandate of price stability and growth?
- The MPC’s unanimous vote might signal conviction — or groupthink. How important is dissent within monetary policy committees, and what does its absence tell us about the current state of India’s central banking?
We’d love to hear your thoughts! Share your perspective in the comments.
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