Year 2026 Flashcards

What was India's estimated real GDP growth for FY 2025-26?: 7.4%, according to the First Advance Estimates.
What GDP growth range did the Economic Survey project for FY 2026-27?: 6.8%–7.2% real GDP growth.
What was India's estimated real GVA growth for FY 2025-26?: 7.3%.
What was India's forex reserve level on 16 January 2026?: About US$701.4 billion.
What was India's services-export value in FY 2024-25?: A record US$387.6 billion.
How much remittance did India receive in FY 2024-25?: US$135.4 billion, the world's highest.
What happened to SCB gross NPAs by September 2025?: They fell to a multi-decadal low of 2.2%.
What was India's 2025 Global Innovation Index rank?: 38th, improving from 66th in 2019.
When did the 2026 Budget Session of Parliament begin?: 28 January 2026.
What major document was tabled on 29 January 2026?: Economic Survey 2025-26.
How many sittings were scheduled in the 2026 Budget Session?: 30 sittings in two phases.
Which constitutional provision governs the President's address to Parliament?: Article 87.
What major FTA did India and the EU conclude negotiations for?: India–European Union Free Trade Agreement.
What share of India's exports gets EU market access under the FTA?: More than 99% by trade value.
What strategic agenda accompanied the India-EU FTA?: The 'Towards 2030' Joint India-EU Comprehensive Strategic Agenda.
What new India-EU security framework was announced?: India-EU Security and Defence Partnership.
Which task force was announced for clean-energy cooperation with the EU?: Green Hydrogen Task Force.
Which country adopted the euro on 1 January 2026?: Bulgaria.
How many countries are in the Eurozone after Bulgaria joined?: 21 countries.
Which grouping did India assume the chairship of on 1 January 2026?: BRICS.
What are the three broad BRICS cooperation pillars?: Political-security, economic-financial, and cultural-people cooperation.
Which UAE leader visited India in January 2026?: President Sheikh Mohamed bin Zayed Al Nahyan.
What long-term bilateral trade target was discussed by India and UAE?: More than US$200 billion by 2032.
Which German leader visited India in January 2026?: Federal Chancellor Friedrich Merz.
What major trade pact did India conclude with Oman in January 2026?: India–Oman Comprehensive Economic Partnership Agreement.
What was ECINET launched for?: An integrated digital platform for Election Commission services.
Which constitutional body operates under Article 324?: Election Commission of India.
What was the theme of National Voters' Day 2026?: My India, My Vote.
When is National Voters' Day observed?: 25 January.
What UGC regulations were stayed by the Supreme Court?: UGC Promotion of Equity in Higher Education Institutions Regulations, 2026.
What mechanism did the UGC Equity Regulations propose?: Equal Opportunity Centres and a monitoring committee in higher institutions.
How many Padma Awards were announced for 2026?: 131 awards, including two duo cases.
How were the 2026 Padma Awards distributed?: 5 Padma Vibhushan, 13 Padma Bhushan and 113 Padma Shri.
What was the theme of India's 77th Republic Day?: 150 years of Vande Mataram.
Who were the chief guests at Republic Day 2026?: António Costa and Ursula von der Leyen.
Which gallantry award did Group Captain Shubhanshu Shukla receive?: Ashoka Chakra.
Why is Shubhanshu Shukla significant to India's space programme?: He became the first Indian to visit the International Space Station.
What major conservation programme covers India's dolphins?: Project Dolphin.
What dolphin survey began in January 2026?: India's second nationwide riverine and estuarine dolphin estimation.
Which institution coordinates India's dolphin estimation?: Wildlife Institute of India with state and conservation agencies.
Which ISRO mission launched on 12 January 2026?: PSLV-C62/EOS-N1.
Which launch vehicle carried EOS-N1?: PSLV-C62 in PSLV-DL configuration.
What major technology did DRDO ground-test in January 2026?: A full-scale actively cooled long-duration scramjet engine.
Why are scramjet engines important?: They enable sustained hypersonic flight using atmospheric oxygen.
Which team won the 2025-26 Vijay Hazare Trophy?: Vidarbha.
Who was Player of the Tournament in the Vijay Hazare Trophy?: Aman Mokhade.
Which Indian badminton star announced retirement in January 2026?: Saina Nehwal.
Which Olympic medal did Saina Nehwal win?: Bronze in badminton at London 2012.
When is National Youth Day observed?: 12 January, the birth anniversary of Swami Vivekananda.
Why is 15 January celebrated as Army Day?: K. M. Cariappa became India's first Indian Commander-in-Chief in 1949.
Why is 23 January observed as Parakram Diwas?: It commemorates Netaji Subhas Chandra Bose's birth anniversary.
What is observed on 30 January in India?: Martyrs' Day, commemorating Mahatma Gandhi's assassination.
When was Union Budget 2026–27 presented?: 1 February 2026.
Who presented Union Budget 2026–27?: Finance Minister Nirmala Sitharaman.
What were the three Kartavyas of Budget 2026–27?: Growth, capacity building, and Sabka Sath–Sabka Vikas.
What was the total expenditure estimated for 2026–27?: ₹53.47 lakh crore.
What were estimated non-debt receipts for 2026–27?: ₹36.52 lakh crore.
What fiscal deficit was targeted for 2026–27?: 4.3% of GDP.
What revenue deficit was targeted for 2026–27?: 1.5% of GDP.
What nominal GDP growth was assumed in Budget 2026–27?: 10%.