SF Prep

Banking & Insurance Current Affairs — Last 12 months

Daily news by your exam, state and topic — each with a short summary, key facts and MCQs.

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1854 news · 4798 MCQs

Mon, 04 May 2026

Sun, 03 May 2026

🔬 Space 📍 India Must know

GalaxEye launches Mission Drishti, the world's first OptoSAR satellite

Bengaluru-based startup GalaxEye launched Mission Drishti, the world's first OptoSAR satellite combining optical and synthetic aperture radar imaging and India's largest privately built satellite, aboard a SpaceX Falcon 9 from Vandenberg, California, on 3 May 2026.

For: UPSC Civil Services · State PSC · SSC +8 4 MCQs
🎓 Education 📍 India Important

NEET UG 2026 held for nearly 23 lakh candidates; Pradhan reviews arrangements at NTA

The National Testing Agency conducted NEET UG 2026 on 3 May 2026 for nearly 23 lakh registered candidates, and Education Minister Dharmendra Pradhan visited NTA headquarters to review the arrangements.

For: UPSC Civil Services · State PSC · SSC +7 2 MCQs
💹 Trade & Industry 📍 India Important

West Asia update: LPG carrier MT Sarv Shakti crosses Strait of Hormuz with Indian cargo

The Petroleum Ministry said on 3 May 2026 that the Marshall Islands-flagged LPG carrier MT Sarv Shakti, carrying 46,313 MT of Indian LPG cargo, had safely crossed the Strait of Hormuz and was expected at Visakhapatnam on 13 May 2026.

For: UPSC Civil Services · State PSC · SSC +7 2 MCQs
🛡️ Military Exercises 📍 Asia Important

Indian Army contingent departs for India–Cambodia exercise CINBAX-II 2026

An Indian Army contingent of 120 personnel, mainly from the Maratha Light Infantry, departed on 3 May 2026 for CINBAX-II, the second India–Cambodia bilateral military exercise, to be held at Kampong Speu Province, Cambodia, from 4 to 17 May 2026.

For: UPSC Civil Services · State PSC · SSC +7 3 MCQs
📅 Important Days & Themes 📍 World Important

World Press Freedom Day 2026: 'Shaping a Future at Peace'

World Press Freedom Day was observed on 3 May 2026 on the theme 'Shaping a Future at Peace: Promoting Press Freedom for Human Rights, Development, and Security', with UNESCO's global conference co-hosted with Zambia in Lusaka on 4 May.

For: UPSC Civil Services · State PSC · SSC +7 3 MCQs

Sat, 02 May 2026

🔬 Science & Technology 📍 India Must know

Indigenous Cell Broadcast System for disaster alerts launched with nationwide test

Communications Minister Jyotiraditya Scindia on 2 May 2026 launched the Cell Broadcast System, an indigenous public-warning technology developed by C-DOT with NDMA and the Home Ministry, and a nationwide test sent emergency alerts to mobile phones across the country.

For: UPSC Civil Services · State PSC · SSC +8 4 MCQs
👤 Appointments & Resignations 📍 India Must know

Lyricist Prasoon Joshi appointed Chairman of Prasar Bharati

The Ministry of Information & Broadcasting on 2 May 2026 appointed lyricist and communications expert Prasoon Joshi, Chairperson of the Central Board of Film Certification since August 2017, as Chairman of Prasar Bharati.

For: UPSC Civil Services · State PSC · SSC +8 3 MCQs
🌿 Climate Change 📍 India Important

IMD outlook: heatwaves likely in second and fourth weeks of May 2026

Earth Sciences Minister Jitendra Singh, citing the IMD outlook on 2 May 2026, said heatwave conditions are likely mainly in the second (8–14 May) and fourth (22–28 May) weeks of May, with 2–4 extra heatwave days in some regions, and urged people not to panic.

For: UPSC Civil Services · State PSC · SSC +7 2 MCQs
👤 Appointments & Resignations 📍 India Important

R. Balasubramaniam and Joram Aniya appointed full-time Members of NITI Aayog

Dr. R. Balasubramaniam and Dr. Joram Aniya were appointed full-time Members of NITI Aayog, and Prime Minister Narendra Modi congratulated them on 2 May 2026.

For: UPSC Civil Services · State PSC · SSC +7 3 MCQs
🛡️ Defence & Security 📍 Myanmar Important

Navy chief Admiral Dinesh K Tripathi begins four-day visit to Myanmar

Chief of the Naval Staff Admiral Dinesh K Tripathi began a four-day official visit to Myanmar from 2 to 5 May 2026 to review maritime cooperation with the Myanmar Armed Forces and Myanmar Navy.

For: UPSC Civil Services · State PSC · SSC +7 2 MCQs
💹 Banking & RBI 📍 India

DFS colloquium of DRAT chairpersons and DRT presiding officers focuses on cutting pendency

The Department of Financial Services on 2 May 2026 convened a colloquium of Debts Recovery Appellate Tribunal chairpersons and Debts Recovery Tribunal presiding officers at Vigyan Bhavan, New Delhi, highlighting mandatory e-filing, hybrid hearings and e-DRT 2.0 to reduce pendency.

For: UPSC Civil Services · State PSC · Banking & Insurance +1 1 MCQs

Fri, 01 May 2026

🏛️ Governance & Administration 📍 India Must know

Census 2027 houselisting begins in six States/UTs; self-enumeration opens in five more

House-to-house Houselisting and Housing Census operations under Phase 1 of Census 2027 began on 1 May 2026 in Andhra Pradesh, Arunachal Pradesh, Haryana, Chandigarh, Madhya Pradesh and Chhattisgarh, while the online self-enumeration facility, used by nearly 82 lakh households so far, opened in five more States/UT.

For: UPSC Civil Services · State PSC · SSC +8 3 MCQs
🔬 Health & Medicine 📍 India Important

BIS publishes six new standards for priority assistive products

The Bureau of Indian Standards published six new Indian Standards for priority assistive products — elbow crutches, walking sticks, multi-legged walking sticks, portable ramps, tactile guide maps and Braille on signage — under ICMR's National List of Essential Assistive Products, the Consumer Affairs Ministry said on 1 May 2026.

For: UPSC Civil Services · State PSC · SSC +7 2 MCQs
👤 Appointments & Resignations 📍 India Important

Anugraha Narayana Das becomes CGDA; Vishvajit Sahay takes over as Secretary (Defence Finance)

Anugraha Narayana Das, a 1991-batch Indian Defence Accounts Service officer, took charge as Controller General of Defence Accounts on 1 May 2026, the same day his predecessor Vishvajit Sahay assumed charge as Secretary (Defence Finance) in the Ministry of Defence.

For: UPSC Civil Services · State PSC · SSC +7 3 MCQs
📅 Important Days & Themes 📍 India Important

Maharashtra Day and Gujarat Day observed on 1 May

Maharashtra and Gujarat marked their statehood days on 1 May 2026, with Prime Minister Narendra Modi greeting the people of both states; the two states were formed on 1 May 1960 under the Bombay Reorganisation Act, 1960.

For: UPSC Civil Services · State PSC · SSC +7 2 MCQs
🎭 Art & Culture 📍 India Important

'Padma Doree' textile initiative blending Eri silk and Chanderi launched

The North Eastern Handicrafts and Handlooms Development Corporation, a CPSE under the Ministry of Development of North Eastern Region, on 1 May 2026 launched 'Padma Doree', a textile initiative blending Northeast India's Eri (Ahimsa) silk with Madhya Pradesh's Chanderi weaving.

For: UPSC Civil Services · State PSC · SSC +7 2 MCQs
👤 Appointments & Resignations 📍 India

Bharat Khera assumes charge as Secretary, Ministry of MSME

Bharat Khera, a 1995-batch IAS officer of the Himachal Pradesh cadre, assumed charge as Secretary of the Ministry of Micro, Small and Medium Enterprises, the Ministry said on 1 May 2026.

For: UPSC Civil Services · State PSC · Banking & Insurance +1 1 MCQs

Thu, 30 Apr 2026

💹 Banking & RBI 📍 India Must know

UPI completes 10 years; 24,162 crore transactions worth ₹314 lakh crore in FY 2025–26

The Unified Payments Interface (UPI), launched by NPCI on 11 April 2016, completed 10 years with over 24,162 crore transactions worth about ₹314 lakh crore in FY 2025–26, 700+ banks onboard and nearly 49% of global real-time payments.

For: UPSC Civil Services · State PSC · SSC +8 3 MCQs
💹 Economy 📍 India Must know

58 companies found eligible under ₹1,500-crore Critical Mineral Recycling incentive scheme

The Ministry of Mines said on 30 April 2026 that 58 companies, with pledged capacity of about 850 KTPA and investment of about ₹5,000 crore, have been approved as eligible under the ₹1,500-crore Incentive Scheme for Promotion of Critical Mineral Recycling under the National Critical Mineral Mission.

For: UPSC Civil Services · State PSC · SSC +8 3 MCQs
💹 Trade & Industry 📍 India Important

Commerce Department revises RoDTEP schedules to align with amended Customs Tariff

The Department of Commerce issued Notification No. 15/2026–27 on 30 April 2026 revising RoDTEP schedules across 194 tariff lines to align with Customs Tariff changes made by the Finance Act, 2026, effective 1 May 2026.

For: UPSC Civil Services · State PSC · SSC +7 2 MCQs
💹 Trade & Industry 📍 Africa Important

5th India–Tanzania Joint Trade Committee held in Dar es Salaam; bilateral trade crosses USD 9 billion

The 5th India–Tanzania Joint Trade Committee met in Dar es Salaam on 29–30 April 2026, co-chaired by Commerce Secretary Rajesh Agrawal, and noted bilateral trade of USD 9.02 billion in 2025–26, up from USD 8.64 billion.

For: UPSC Civil Services · State PSC · SSC +7 2 MCQs
🏛️ Elections 📍 India Important

ECI introduces QR code-based photo ID cards for entry into counting centres

The Election Commission of India on 30 April 2026 introduced a QR code-based Photo Identity Card module on ECINET for counting centres, starting with the 4 May 2026 counting for five Assembly elections and seven bye-elections.

For: UPSC Civil Services · State PSC · SSC +7 2 MCQs
🌐 International Organisations 📍 World Important

Ministry of WCD convenes first preparatory meeting of BRICS Women's Working Group under India's Presidency

The Ministry of Women and Child Development convened the first preparatory meeting of the BRICS Women's Working Group virtually on 30 April 2026 under India's BRICS Presidency, setting four priority areas.

For: UPSC Civil Services · State PSC · SSC +7 2 MCQs
🌐 Bilateral Relations 📍 Italy Important

India and Italy exchange Bilateral Military Cooperation Plan 2026–27 during Rajnath–Crosetto talks

Defence Minister Rajnath Singh held talks with Italian Defence Minister Guido Crosetto at the Manekshaw Centre, New Delhi, on 30 April 2026, where the India–Italy Bilateral Military Cooperation Plan for 2026–27 was exchanged.

For: UPSC Civil Services · State PSC · SSC +7 2 MCQs
💹 Economy 📍 India Important

Live Events Development Cell holds 4th meeting; states urged to adopt model executive order by 31 May

The 4th meeting of the Live Events Development Cell, chaired by I&B Secretary Chanchal Kumar at Vigyan Bhavan on 30 April 2026, urged states and UTs to adopt a model executive order for live-event permissions by 31 May 2026.

For: UPSC Civil Services · State PSC · SSC +7 2 MCQs
💹 Banking & RBI 📍 India Important

India Post Payments Bank launches zero-balance savings account for Self Help Groups

India Post Payments Bank on 30 April 2026 launched a zero-balance, zero-charge Self Help Group (SHG) Savings Account with no minimum deposit and a maximum balance limit of ₹2 lakh, delivered through post offices and Gramin Dak Sevaks.

For: UPSC Civil Services · State PSC · SSC +7 2 MCQs

Wed, 29 Apr 2026