DAILY GK 9-11 APR 2026
1.
KHELO INDIA TRIBAL GAMES 2026
·
The inaugural Khelo India Tribal Games 2026 (KITG
2026) concluded in Chhattisgarh,
held across Raipur, Jagdalpur, and Surguja with Karnataka emerging as the overall champion by winning 38 medals,
including 23 gold, 8 silver, and 7 bronze.
·
Odisha secured second position with a total of 57
medals (21 gold, 15 silver, and 21 bronze).
·
Jharkhand finished
third with a total of 35 medals (16 gold, 8 silver,
and 11 bronze).
2.
BOOK - A ROAD WELL TRAVELLED
·
Autobiography ‘A Road Well Travelled’, is authored
by former Central
Bureau of Investigation (CBI) Director Raghava Krishnaswami
(R.K.) Raghavan.
·
The updated autobiography of R.K. Raghavan traces his career
from the Indian Police Service (IPS) state cadre through the Intelligence
Bureau (IB) to serving as Director of the CBI.
3.
IRDAI DESIGNATES LIC, GIC RE, AND NIACL AS D-SIIS
·
The Insurance
Regulatory and Development Authority of India (IRDAI) designated
Life Insurance Corporation of India (LIC), The New India
Assurance Company Limited (NIACL) and General Insurance
Corporation of India (GIC Re) as Domestic-Systemically Important Insurers (D-SIIs) for
Financial Year 2025-26 (FY26).
·
D-SIIsrefers to insurers of
large size, market importance and
domestic and global inter-connectedness whose distress or failure would cause a
significant impact on the domestic financial system.
·
D-SIIs are insurance companies identified by IRDAI,
perceived as insurers that are ‘too big
or too important to fail’ (TBTF).
4.
RBI UNVEILS RS 2.54 LAKH CRORE STATE BORROWING PLAN
FOR Q1 FY27
·
The Reserve Bank of India (RBI) released
the indicative borrowing calendar for the first quarter (April–June) of Financial
Year 2026-27 (Q1 FY27), under which state governments and Union
Territories (UTs) are set to collectively
raise Rs 2,54,509 crore.
·
RBI introduced the
Benchmark Issuance Strategy (BIS) on a pilot basis this quarter to enhance
transparency, provide greater clarity to investors, and stabilise state debt
markets by allowing states to issue securities across pre-defined maturity
buckets under a pre-announced schedule, creating more predictable and liquid
markets.
·
Nine states participate in
the BIS pilot: Andhra Pradesh (AP), Bihar, Chhattisgarh, Kerala, Madhya Pradesh (MP),
Maharashtra, Rajasthan, Telangana, and Uttar Pradesh (UP).
·
The nine pilot states are projected to borrow Rs 1,53,900 crore under BIS, while remaining
states and Union Territories (UTs) will
raise Rs 1,00,609 crore through traditional market borrowing methods.
5.
CASA RATIO FALLS TO 2-YEAR LOW OF 37.9% IN DEC 2025
QUARTER: RBI DATA
·
The Reserve Bank of India (RBI) reported that the share of Current Account and Savings Account (CASA)
deposits in total bank deposits declined to a 2-year low of 37.9%
in December 2025 quarter, compared to 40.1% in December 2023.
·
CASA
ratio refers to the proportion of low-cost deposits (current and savings
accounts) in a bank’s total deposits.
·
The decline was mainly
driven by savings accounts, whose share fell by 210 basis points to 28.9%,
as depositors shifted to higher-yielding options like equities, Mutual
Funds(MF), and gold, indicating a slowdown in deposit mobilisation.
·
Bank deposits grew 10%
Year-on-Year(YoY) to Rs 239.8 lakh crore, with savings deposits
rising 8% to Rs 69.4 lakh crore and current account
deposits increasing 10% to Rs 21.4 lakh crore.
·
Certificates of Deposit
(CD) issuances by banks reached a record Rs. 15.5 lakh crore in
Financial Year 2025-26(FY26), up 17% YoY, as lenders increasingly relied on
market borrowings to support credit growth.
6.
RBI CANCELS SHIRPUR MERCHANTS’ CO-OP
BANK LICENCE
·
The Reserve Bank of India (RBI) cancelled
the licence of Maharashtra’s Shirpur Merchants’
Co-operative Bank Limited over inadequate
capital and poor earning prospects.
·
As per RBI directions, every depositor will receive deposit insurance claim amount of his or her
deposits of maximum Rs 5 lakh from Deposit Insurance and Credit Guarantee
Corporation (DICGC).
7.
IRDAI SUB-PANEL TO REVIEW PRIVATE HEALTH INSURANCE SECTOR
·
The Insurance
Regulatory and Development Authority of India (IRDAI) constituted
a sub-committee of theInsurance Advisory
Committee (IAC) to review the current
scenario of private health insurance in India.
·
It will recommend regulatory,
policy, and operational measures to promote innovation, wider coverage,
better risk pooling, and improved financial protection through health
insurance.
·
The sub-committee will also examine
the role of healthcare provider networks, hospital tariffs, fraud control,
and digital systems in improving value
to policyholders and reducing administrative inefficiencies.
8.
RBI’S 1ST BI-MONTHLY MONETARY POLICY OF FY27
·
The Reserve Bank of India (RBI) conducted the 60th and 1st
Bi-monthly Monetary Policy Committee (MPC) meeting of Financial
Year 2026-27 (FY27) under the chairmanship of Dr.
Sanjay Malhotra, Governor, RBI.
·
The meeting was
attended by the MPC members: Dr.Nagesh Kumar, Saugata Bhattacharya,
Prof. Ram Singh, Dr. Poonam Gupta and Indranil Bhattacharyya.
·
The MPC kept the repo
rate unchanged under the Liquidity Adjustment Facility (LAF) to 5.25% and
maintained a ‘Neutral ’policy stance.
·
Consequently, the MPC retained the Standing Deposit Facility
(SDF) rate at 5.00% and the Marginal Standing Facility (MSF) rate and the Bank Rate held at 5.50%.
·
The committee has revised down India’s real Gross Domestic Product (GDP) growth forecast by 50
basis points (bps) for FY27 at 6.9% from
its previous estimate of 7.4%.
·
The MPC projected
Consumer Price Index (CPI) inflation at 4.6% for
FY27, which is within a band of +/- 2%. It has also estimated core inflation
at 4.4% for the current fiscal year.
9.
WORLD BANK UPGRADES INDIA’S GDP GROWTH FORECAST TO
6.6% FOR FY27
·
The World Bank (WB) released its
latest “South Asia Economic (SAE)
Economic Update April, 2026: Working with Industrial Policy” report.
·
The report has slightly raised India’s Gross Domestic Product (GDP) growth forecast for the Financial Year 2026-27 (FY27) to
6.6% from its previous estimate of 6.3%.
·
However, the report
projected that India’s GDP
growth is expected to moderate compared to previous years due to
headwinds from West-Asia conflict.
·
As per the report, India’s
GDP growth rate is expected to increase from 7.1% (in FY25) to
7.6% (in FY26), driven by robust domestic demand and export
resilience.
·
The report has also projected that the growth in South Asia will ease to 6.3% in Calendar Year 2026
(CY26) from 7% (CY25), primarily due to disruptions in the global energy supply
chain.
JIM WHITTAKER PASSED AWAY
·
James Warren Whittaker, also known as Jim Whittaker, the first American to summit Mount Everest,
passed away.
·
He became the first
American to summit Mount Everest on
1 May 1963 with NawangGombu under extreme conditions, becoming the 10th
climber ever to reach the summit.
·
He received the Hubbard
Medal (the National Geographic Society’s top honour) from former USA
President John F. Kennedy.
10.
INTERNATIONAL CHILDREN’S BOOK DAY 2026 – APRIL 2
·
International Children’s Book Day (ICBD) is observed annually on 2
April to mark the birth anniversary
of Hans Christian Andersen, the Danish author known as the “father of modern fantasy.”
·
2026 Theme: “Plant stories and the world will
bloom”.
·
ICBD was first observed in 1967 and is
organised by International Board on Books for Young People (IBBY), a
non-profit dedicated to children’s literature.
11.
INTERNATIONAL DAY OF CONSCIENCE 2026 – APRIL 5
·
The United Nations (UN) observes the International
Day of Conscience (IDC) annually across the globe on 5
April to promote a culture of peace, guided by love and
conscience, across local, national, and regional communities.
·
2026 Theme: “Acting
with Ethics, Empathy, and Integrity”.
·
The first IDC was observed on 5 April 2020.
12.
NATIONAL MARITIME DAY 2026 – APRIL 5
·
2026 Theme: “Maritime India – Empowering
Progress”.
·
The first National Maritime Day was observed on 5 April 1964.
13.
UN WORLD HEALTH DAY 2026 – APRIL 7
·
2026 Theme: “Together for Health. Stand with Science”.
·
April 7 marks the founding of WHO in 1948.
·
World Health Day has been observed annually on April
7 since 1950.
·
The International One
Health Summit hosted by France in Lyon, France in April 2026.
14.
INTERNATIONAL ROMANI DAY 2026 – APRIL 8
·
International Romani Day is observed every year across
the world on April 8 to celebrate Romani culture and raise awareness of the social, political, and
economic issues faced by the Roma community.
·
International Romani Day was
officially
recognized on April 8 at the 4th World Romani Congress in 1990, held in Serock, Poland.
·
It marks the 1st World
Romani Congress held on April 8, 1971 in Orpington, Kent, London.
·
In 2015, UNESCO
declared 5th November as the World Day
of Romani Language.
15.
CENTRAL RESERVE POLICE FORCE VALOUR DAY 2026- APRIL 9
·
The Central Reserve Police Force (CRPF) Valour
Day, also known as Shaurya Diwas, is observed
every year on 9 April across India to honour the
bravery of CRPF personnel during the 1965
Battle of Sardar Post in the Rann of Kutch, Gujarat.
·
On April 9, 1965, the Pakistani Army launched Operation Desert Hawk,
sending a full infantry brigade to attack Sardar
Post, but a small unit of the 2nd Battalion CRPF bravely repulsed the
assault in the Rann of Kutch, killing 34
soldiers, capturing 4, and sacrificing 6 of their own men.
