Forwarded from UPSC EPFO APFC Test MCQ Anmol Vachan
📖 Complete English Grammar Revision in Just 50 Pages!
Specially curated for serious aspirants of EPFO | CDS | CAPF and other competitive examinations. Get straight-to-the-point notes designed to boost your accuracy and speed.
✅ Key Features:
• Important Grammar Rules & Structures
• Crucial Exceptions & Special Usages
• Common Grammar Confusions Resolved
• Wrong vs. Correct Practical Examples
• Error-Spotting Rules & Exam Traps
• Time-Saving Quick Revision Tables
💰 Limited Time Pricing:
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Contact - @EPFO_Notes_bot.
Specially curated for serious aspirants of EPFO | CDS | CAPF and other competitive examinations. Get straight-to-the-point notes designed to boost your accuracy and speed.
✅ Key Features:
• Important Grammar Rules & Structures
• Crucial Exceptions & Special Usages
• Common Grammar Confusions Resolved
• Wrong vs. Correct Practical Examples
• Error-Spotting Rules & Exam Traps
• Time-Saving Quick Revision Tables
💰 Limited Time Pricing:
Get the Anmol Vachan Short Notes today for just ₹99 (Original Price:
Note: This 50% discount applies strictly to the first 200 students
Contact - @EPFO_Notes_bot.
Forwarded from UPSC EPFO APFC Test MCQ Anmol Vachan
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🔆 GISAT-1A / EOS-05
📍 Why in News?
🟢 ISRO achieved its first successful launch of 2026 by placing GISAT-1A (EOS-05) into orbit aboard GSLV-F17 from Sriharikota.
🟢 The launch marks ISRO’s comeback after the PSLV-C62 failure in January 2026.
📍 About GISAT
🟢 GISAT = Geo Imaging Satellite and is an Earth observation satellite.
🟢 Operates from a geosynchronous orbit at an altitude of approximately 36,000 km.
🟢 It enables continuous and repeated observation of India and adjacent regions.
🟢 It is India’s first dedicated imaging satellite operating from geosynchronous orbit.
📍 Why is it Significant?
🟢 LEO satellites provide high spatial resolution but only periodic coverage.
🟢 GISAT-1A enables continuous, wide-area observation, providing a major advantage in monitoring dynamic events.
📍 Applications
🟢 Disaster Management: Cyclone and flood monitoring, forest-fire and smoke detection, cloud observation, and emergency response.
🟢 Agriculture & Environment: Monitoring crop health, drought, snow cover, glaciers, water bodies and environmental changes.
🟢 Strategic & Security: Wide-area monitoring of western and northern borders, maritime and coastal surveillance, and enhanced situational awareness.
📍 Prelims
🟢 GISAT: Geo Imaging Satellite
🟢 EOS: Earth Observation Satellite
🟢 LEO: Low Earth Orbit
🟢 GSLV-F17: Launch vehicle used for GISAT-1A/EOS-05
🟢 Orbit: Geosynchronous orbit at ~36,000 km
#GS3
#prelims
#science_technology
#science_and_technology
Join https://t.me/PIB_UPSC
https://t.me/upsc_science_and_technology
📍 Why in News?
🟢 ISRO achieved its first successful launch of 2026 by placing GISAT-1A (EOS-05) into orbit aboard GSLV-F17 from Sriharikota.
🟢 The launch marks ISRO’s comeback after the PSLV-C62 failure in January 2026.
📍 About GISAT
🟢 GISAT = Geo Imaging Satellite and is an Earth observation satellite.
🟢 Operates from a geosynchronous orbit at an altitude of approximately 36,000 km.
🟢 It enables continuous and repeated observation of India and adjacent regions.
🟢 It is India’s first dedicated imaging satellite operating from geosynchronous orbit.
📍 Why is it Significant?
🟢 LEO satellites provide high spatial resolution but only periodic coverage.
🟢 GISAT-1A enables continuous, wide-area observation, providing a major advantage in monitoring dynamic events.
📍 Applications
🟢 Disaster Management: Cyclone and flood monitoring, forest-fire and smoke detection, cloud observation, and emergency response.
🟢 Agriculture & Environment: Monitoring crop health, drought, snow cover, glaciers, water bodies and environmental changes.
🟢 Strategic & Security: Wide-area monitoring of western and northern borders, maritime and coastal surveillance, and enhanced situational awareness.
📍 Prelims
🟢 GISAT: Geo Imaging Satellite
🟢 EOS: Earth Observation Satellite
🟢 LEO: Low Earth Orbit
🟢 GSLV-F17: Launch vehicle used for GISAT-1A/EOS-05
🟢 Orbit: Geosynchronous orbit at ~36,000 km
#GS3
#prelims
#science_technology
#science_and_technology
Join https://t.me/PIB_UPSC
https://t.me/upsc_science_and_technology
❤5👏1
#Goodmorning
⏳260 days left CSP27 [ 23-05-27]
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#Target
#TargetOnlyone
#Accountability
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⏳260 days left CSP27 [ 23-05-27]
⏳349 days left CSM27 [ 20-08-27]
⏳106 days left EPFO 20 December
⏳92 days left UPPSC/RAS prelims 6 December
⏳86 Days left UKPSC 29 November
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⏳72 days left KAS prelims 15 Nov
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#Accountability
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❤1
🔆 Gurudwara Reform Movement (Akali Movement)
📍 Background
🟢 Rationalist and progressive ideas of the 19th century influenced the Sikh community.
🟢 The Singh Sabha Movement, founded at Amritsar in 1873, promoted Western education and countered revivalist influences.
🟢 The Gurudwara Reform Movement, also known as the Akali Movement, emerged as an offshoot of the Singh Sabha Movement.
📍 Objective
🟢 To liberate Sikh Gurudwaras from the control of corrupt mahants, who enjoyed government support.
📍 The Movement
🟢 In 1921, the Akalis launched a mass non-violent, non-cooperation satyagraha against the mahants.
🟢 Groups of agitators compelled mahants and managers to hand over control of Gurudwaras to local devotees.
🟢 Initially, the government supported the reformers but changed its approach as the movement increasingly became linked with the national movement.
📍 Government Response
🟢 The British passed the Sikh Gurdwara Act, 1922, which was amended in 1925.
🟢 The legislation transferred control of Gurudwaras to the Akalis to appease the Moderate Akalis, while the government used repression against the Extremist Akalis.
📍 Significance
🟢 The Akalis participated in the freedom struggle whenever called upon.
🟢 Though the movement was sectarian in character, it was not communal.
🟢 It represented the assertion of Sikh religious autonomy against corrupt control and colonial interference.
#history #prelims #mains
Join https://t.me/CSE_EXAM https://t.me/Upsc_4_history
📍 Background
🟢 Rationalist and progressive ideas of the 19th century influenced the Sikh community.
🟢 The Singh Sabha Movement, founded at Amritsar in 1873, promoted Western education and countered revivalist influences.
🟢 The Gurudwara Reform Movement, also known as the Akali Movement, emerged as an offshoot of the Singh Sabha Movement.
📍 Objective
🟢 To liberate Sikh Gurudwaras from the control of corrupt mahants, who enjoyed government support.
📍 The Movement
🟢 In 1921, the Akalis launched a mass non-violent, non-cooperation satyagraha against the mahants.
🟢 Groups of agitators compelled mahants and managers to hand over control of Gurudwaras to local devotees.
🟢 Initially, the government supported the reformers but changed its approach as the movement increasingly became linked with the national movement.
📍 Government Response
🟢 The British passed the Sikh Gurdwara Act, 1922, which was amended in 1925.
🟢 The legislation transferred control of Gurudwaras to the Akalis to appease the Moderate Akalis, while the government used repression against the Extremist Akalis.
📍 Significance
🟢 The Akalis participated in the freedom struggle whenever called upon.
🟢 Though the movement was sectarian in character, it was not communal.
🟢 It represented the assertion of Sikh religious autonomy against corrupt control and colonial interference.
#history #prelims #mains
Join https://t.me/CSE_EXAM https://t.me/Upsc_4_history
❤2
🔆 Gollala Gudi Temple — Monument of National Importance
📍 Why in News?
🟢 The Archaeological Survey of India (ASI) has notified the Gollala Gudi Temple as a Monument of National Importance for its exquisite carvings.
📍 Location
🟢 Palampet, Mulugu district, Telangana
🟢 Located near the UNESCO-listed Ramappa Temple.
📍 Historical Background
🟢 Built during the Kakatiya Dynasty (12th–14th centuries).
🟢 It represents the distinctive architectural and sculptural traditions of the Kakatiya period.
📍 Architectural Features
🟢 Trikutalaya — a three-sanctum shrine with an east-facing mandapa (pillared hall).
🟢 Contains three garbhagrihas; the central sanctum houses a Shiva lingam.
🟢 Parapets are decorated with sculptures.
🟢 The entablature and doorways feature rows of carved hamsas along with jali (latticework).
📍 Sculptural & Artistic Features
🟢 Sculptures include dvarapalas, musicians, dancers, madanikas (celestial maidens) and lions.
🟢 Wall niches depict Vishnu, Lakshmi, Ganesha and Mahishasuramardini Durga.
📍 Legal Protection
🟢 The notification comes under the Ancient Monuments and Archaeological Sites and Remains Act, 1958 (AMASR Act).
#prelims
#art_and_culture
https://t.me/Studytoday1
https://t.me/upsc_art_and_culture
📍 Why in News?
🟢 The Archaeological Survey of India (ASI) has notified the Gollala Gudi Temple as a Monument of National Importance for its exquisite carvings.
📍 Location
🟢 Palampet, Mulugu district, Telangana
🟢 Located near the UNESCO-listed Ramappa Temple.
📍 Historical Background
🟢 Built during the Kakatiya Dynasty (12th–14th centuries).
🟢 It represents the distinctive architectural and sculptural traditions of the Kakatiya period.
📍 Architectural Features
🟢 Trikutalaya — a three-sanctum shrine with an east-facing mandapa (pillared hall).
🟢 Contains three garbhagrihas; the central sanctum houses a Shiva lingam.
🟢 Parapets are decorated with sculptures.
🟢 The entablature and doorways feature rows of carved hamsas along with jali (latticework).
📍 Sculptural & Artistic Features
🟢 Sculptures include dvarapalas, musicians, dancers, madanikas (celestial maidens) and lions.
🟢 Wall niches depict Vishnu, Lakshmi, Ganesha and Mahishasuramardini Durga.
📍 Legal Protection
🟢 The notification comes under the Ancient Monuments and Archaeological Sites and Remains Act, 1958 (AMASR Act).
#prelims
#art_and_culture
https://t.me/Studytoday1
https://t.me/upsc_art_and_culture
❤5👍1
#Goodmorning
⏳259 days left CSP27 [ 23-05-27]
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⏳85 Days left UKPSC 29 November
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⏳71 days left KAS prelims 15 Nov
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⏳49 days left 72nd BPSC Prelims 25 oct
⏳7 Days left CDS/NDA 2 13 Sept
⏳ Tomorrow Mppsc mains 7 September
#Target
#TargetOnlyone
#Accountability
https://t.me/anmolvachan1
⏳259 days left CSP27 [ 23-05-27]
⏳348 days left CSM27 [ 20-08-27]
⏳105 days left EPFO 20 December
⏳91 days left UPPSC/RAS prelims 6 December
⏳85 Days left UKPSC 29 November
⏳81 days left Ifos mains 25 November
⏳71 days left KAS prelims 15 Nov
⏳53 days left OPSC mains 29 Oct
⏳49 days left 72nd BPSC Prelims 25 oct
⏳7 Days left CDS/NDA 2 13 Sept
⏳ Tomorrow Mppsc mains 7 September
#Target
#TargetOnlyone
#Accountability
https://t.me/anmolvachan1
👏2❤1
🔆 CURRENT AFFAIRS – 04 SEPTEMBER 2026
🔆 HISTORY, ART & CULTURE
📍 Gollala Gudi Temple – Telangana
🟢 ASI has notified Gollala Gudi Temple as a Monument of National Importance for its exquisite carvings.
🟢 Location: Palampet, Mulugu district, Telangana, near the UNESCO-listed Ramappa Temple.
🟢 Period: Built during the Kakatiya Dynasty (12th–14th centuries).
🟢 Architecture: Trikutalaya with three sanctums and an east-facing mandapa.
🟢 Sculptures include dvarapalas, musicians, dancers, madanikas, lions, Vishnu, Lakshmi, Ganesha and Mahishasuramardini Durga.
🟢 Protected under the Ancient Monuments and Archaeological Sites and Remains Act, 1958.
🔆 POLITY & GOVERNANCE
📍 Retirement Age for District Judges
🟢 In All India Judges Association v. Union of India (2026), the Supreme Court directed several States to raise the retirement age of district judicial officers from 60 to 62 years.
🟢 Supreme Court judges: Retirement age – 65 years.
🟢 High Court judges: Retirement age – 62 years.
🟢 District & lower judiciary: Existing age – 60 years, with the Court pushing for enhancement to 62 years.
🟢 Background: Over 5.18 crore cases are pending in district courts.
🟢 Significance: Retaining experienced judicial officers could help address vacancies and reduce judicial delays.
🔆 ECONOMy
📍 Global Bond Sell-Off
🟢 A global bond sell-off occurs when investors simultaneously sell government and corporate bonds.
🟢 Major triggers: High inflation and massive US debt issuance.
🟢 Impact on Governments: Higher bond yields can increase future borrowing costs and strain public finances, including in India.
🟢 Impact on Private Sector: Higher borrowing costs may reduce private investment and increase financing expenses for businesses.
📍 Chipflation
🟢 Chipflation refers to rising prices of memory and semiconductor chips driven by massive demand from AI data centres.
🟢 The resulting chip shortage can increase prices of everyday consumer electronics.
🟢 Significance: Highlights how the global AI investment boom can create supply pressures across the wider electronics industry.
🔆 ENVIRONMENT
📍 National Wildlife Day 2026
🟢 Observed twice annually on 4 September and 22 February.
🟢 First celebrated: September 2005.
🟢 Established by: Animal behaviourist and philanthropist Colleen Paige.
🟢 Objective: Raise awareness about wildlife species and promote their conservation.
🟢 Do not confuse with: World Wildlife Day, observed annually on 3 March.
📍 International Vulture Awareness Day 2026
🟢 Observed on the first Saturday of September; falls on 5 September 2026.
🟢 Objective: Highlight the ecological importance and conservation needs of vultures.
🟢 Ecological role: Vultures rapidly consume animal carcasses, acting as nature’s clean-up crew and helping reduce risks from decaying carcasses.
📍 India–Germany Joint Declaration on Wetland Conservation
🟢 India and Germany signed a Joint Declaration of Intent on conservation and wise use of wetlands of international importance.
🟢 Signed during the 4th Indo-German Environment Forum (IGEF).
🟢 IGEF: Highest-level bilateral India–Germany forum on environmental policy; held since 2008.
🟢 Theme: “Together For More Resilience.”
🟢 Objective: Strengthen scientific cooperation and exchange best practices in wetland management.
🔆 SECURITY
📍 Khagantak-243
🟢 IAF successfully conducted a trial of the indigenous Khagantak-243 from a Su-30MKI at Pokhran Field Firing Range, Rajasthan.
🟢 Type: 300-kg-class airborne long-range stand-off precision-guided glide bomb.
🟢 Developer: Jointly designed by Bharat Electronics Limited (BEL) and JSR Dynamics under the Development-cum-Production Partner model.
🟢 Range: 144–180 km when released from around 12 km altitude at Mach 0.8.
🟢 Glide bomb: Uses wings and flight-control surfaces to glide towards a target after being released from a distance.
🟢 Design: Cylindrical body, swivel-type mid-body glide wings and five aft control surfaces.
🔆 SPORTS
📍 6th World Nomad Games
🟢 Held in Bishkek, Kyrgyzstan, from 31 August to 6 September 2026.
🟢 Nature: Biennial event celebrating the sporting traditions, culture and heritage of nomadic civilisations.
🟢 Origin: Linked to the Bishkek Declaration (2012) involving Kyrgyzstan, Azerbaijan, Kazakhstan and Türkiye.
🟢 Participation: Athletes from 100+ countries.
🟢 2026 edition: Features 43 disciplines, including traditional wrestling, Kok Boru, equestrian events, Toguz Korgool, Mangala and tug of war.
🟢 Cultural programme: UNESCO-recognised activities including Echo of Nomads, Nomad Fest, Heritage of Nomads, Art Lab and Ethno-Bazaar.
🟢 Indian contingent:87 members – 73 athletes, 10 cultural representatives and 4 participants in the scientific programme.
🔆 INTERNATIONAL RELATIONS & ISSUES
📍 UN Votes to Adopt New World Map
🟢 UN General Assembly voted for the “Correct the Map” resolution to promote a world map that more accurately represents the relative size of continents, particularly Africa.
🟢 Sponsored by:Togo, backed by African Union members.
🟢 Voting: Supported by 164 countries, including France and the UK; the US voted against and six countries abstained.
🟢 Mercator Projection: Developed by Gerardus Mercator in 1569 and widely used for navigation.
🟢 Problem: Mercator projection exaggerates the size of regions near the poles; Africa appears comparable to Greenland despite being about 14 times larger.
🟢 Alternative:Equal Earth projection, developed in 2018, represents relative continental areas more accurately.
🟢 Significance: Highlights the importance of map projections in shaping perceptions of geographical size.
#CurrentAffairs
🔆 HISTORY, ART & CULTURE
📍 Gollala Gudi Temple – Telangana
🟢 ASI has notified Gollala Gudi Temple as a Monument of National Importance for its exquisite carvings.
🟢 Location: Palampet, Mulugu district, Telangana, near the UNESCO-listed Ramappa Temple.
🟢 Period: Built during the Kakatiya Dynasty (12th–14th centuries).
🟢 Architecture: Trikutalaya with three sanctums and an east-facing mandapa.
🟢 Sculptures include dvarapalas, musicians, dancers, madanikas, lions, Vishnu, Lakshmi, Ganesha and Mahishasuramardini Durga.
🟢 Protected under the Ancient Monuments and Archaeological Sites and Remains Act, 1958.
🔆 POLITY & GOVERNANCE
📍 Retirement Age for District Judges
🟢 In All India Judges Association v. Union of India (2026), the Supreme Court directed several States to raise the retirement age of district judicial officers from 60 to 62 years.
🟢 Supreme Court judges: Retirement age – 65 years.
🟢 High Court judges: Retirement age – 62 years.
🟢 District & lower judiciary: Existing age – 60 years, with the Court pushing for enhancement to 62 years.
🟢 Background: Over 5.18 crore cases are pending in district courts.
🟢 Significance: Retaining experienced judicial officers could help address vacancies and reduce judicial delays.
🔆 ECONOMy
📍 Global Bond Sell-Off
🟢 A global bond sell-off occurs when investors simultaneously sell government and corporate bonds.
🟢 Major triggers: High inflation and massive US debt issuance.
🟢 Impact on Governments: Higher bond yields can increase future borrowing costs and strain public finances, including in India.
🟢 Impact on Private Sector: Higher borrowing costs may reduce private investment and increase financing expenses for businesses.
📍 Chipflation
🟢 Chipflation refers to rising prices of memory and semiconductor chips driven by massive demand from AI data centres.
🟢 The resulting chip shortage can increase prices of everyday consumer electronics.
🟢 Significance: Highlights how the global AI investment boom can create supply pressures across the wider electronics industry.
🔆 ENVIRONMENT
📍 National Wildlife Day 2026
🟢 Observed twice annually on 4 September and 22 February.
🟢 First celebrated: September 2005.
🟢 Established by: Animal behaviourist and philanthropist Colleen Paige.
🟢 Objective: Raise awareness about wildlife species and promote their conservation.
🟢 Do not confuse with: World Wildlife Day, observed annually on 3 March.
📍 International Vulture Awareness Day 2026
🟢 Observed on the first Saturday of September; falls on 5 September 2026.
🟢 Objective: Highlight the ecological importance and conservation needs of vultures.
🟢 Ecological role: Vultures rapidly consume animal carcasses, acting as nature’s clean-up crew and helping reduce risks from decaying carcasses.
📍 India–Germany Joint Declaration on Wetland Conservation
🟢 India and Germany signed a Joint Declaration of Intent on conservation and wise use of wetlands of international importance.
🟢 Signed during the 4th Indo-German Environment Forum (IGEF).
🟢 IGEF: Highest-level bilateral India–Germany forum on environmental policy; held since 2008.
🟢 Theme: “Together For More Resilience.”
🟢 Objective: Strengthen scientific cooperation and exchange best practices in wetland management.
🔆 SECURITY
📍 Khagantak-243
🟢 IAF successfully conducted a trial of the indigenous Khagantak-243 from a Su-30MKI at Pokhran Field Firing Range, Rajasthan.
🟢 Type: 300-kg-class airborne long-range stand-off precision-guided glide bomb.
🟢 Developer: Jointly designed by Bharat Electronics Limited (BEL) and JSR Dynamics under the Development-cum-Production Partner model.
🟢 Range: 144–180 km when released from around 12 km altitude at Mach 0.8.
🟢 Glide bomb: Uses wings and flight-control surfaces to glide towards a target after being released from a distance.
🟢 Design: Cylindrical body, swivel-type mid-body glide wings and five aft control surfaces.
🔆 SPORTS
📍 6th World Nomad Games
🟢 Held in Bishkek, Kyrgyzstan, from 31 August to 6 September 2026.
🟢 Nature: Biennial event celebrating the sporting traditions, culture and heritage of nomadic civilisations.
🟢 Origin: Linked to the Bishkek Declaration (2012) involving Kyrgyzstan, Azerbaijan, Kazakhstan and Türkiye.
🟢 Participation: Athletes from 100+ countries.
🟢 2026 edition: Features 43 disciplines, including traditional wrestling, Kok Boru, equestrian events, Toguz Korgool, Mangala and tug of war.
🟢 Cultural programme: UNESCO-recognised activities including Echo of Nomads, Nomad Fest, Heritage of Nomads, Art Lab and Ethno-Bazaar.
🟢 Indian contingent:87 members – 73 athletes, 10 cultural representatives and 4 participants in the scientific programme.
🔆 INTERNATIONAL RELATIONS & ISSUES
📍 UN Votes to Adopt New World Map
🟢 UN General Assembly voted for the “Correct the Map” resolution to promote a world map that more accurately represents the relative size of continents, particularly Africa.
🟢 Sponsored by:Togo, backed by African Union members.
🟢 Voting: Supported by 164 countries, including France and the UK; the US voted against and six countries abstained.
🟢 Mercator Projection: Developed by Gerardus Mercator in 1569 and widely used for navigation.
🟢 Problem: Mercator projection exaggerates the size of regions near the poles; Africa appears comparable to Greenland despite being about 14 times larger.
🟢 Alternative:Equal Earth projection, developed in 2018, represents relative continental areas more accurately.
🟢 Significance: Highlights the importance of map projections in shaping perceptions of geographical size.
#CurrentAffairs
❤6
Forwarded from Anmol vachan PDF
Editorial Summary August.pdf
13 MB
🔆 GIFT IFSC Mobilises $52.8 Billion Under RBI’s FCNR(B) Swap Facility
📍 Why in News?
🟢 GIFT City’s IFSC Banking Units (IBUs) disbursed over $52.82 billion under the RBI’s FCNR(B) swap facility, highlighting its growing role in mobilising global capital for India.
📍 Key Numbers
🟢 $54.02 billion sanctioned by 20 IBUs; $52.82 billion disbursed.
🟢 Sanctions nearly doubled from $28.6 bn (14 Aug) to $54 bn (31 Aug 2026).
🟢 ECB disbursements during Apr–Aug 2026: $11.62 billion.
🟢 Bond listings on IFSC exchanges: $11.12 billion.
📍 What is FCNR(B)?
🟢 Foreign-currency fixed deposits by NRIs, with principal and interest fully repatriable.
🟢 RBI’s swap facility incentivises banks to mobilise such foreign-currency inflows.
🟢 Banks bear the exchange-rate risk.
📍 Why is GIFT IFSC important?
🟢 Helps channel global liquidity into India’s external financing needs.
🟢 Promotes onshoring of financial activities earlier routed through offshore hubs.
🟢 Strengthens India’s ambition to emerge as an international financial hub.
📍 Concerns
🟢 Rupee depreciation at deposit maturity can strain banks.
🟢 Large future dollar outflows require careful exit planning.
🟢 GIFT IFSC still lags behind Singapore, Dubai and Hong Kong in liquidity and institutional maturity.
📍 Prelims
🟢 IFSCA: Unified regulator for IFSCs, established under the IFSCA Act, 2019.
🟢 IBU: Specialised banking entity operating within an IFSC.
🟢 GIFT City: India’s first operational IFSC, located in Gandhinagar, Gujarat.
#economy
📍 Why in News?
🟢 GIFT City’s IFSC Banking Units (IBUs) disbursed over $52.82 billion under the RBI’s FCNR(B) swap facility, highlighting its growing role in mobilising global capital for India.
📍 Key Numbers
🟢 $54.02 billion sanctioned by 20 IBUs; $52.82 billion disbursed.
🟢 Sanctions nearly doubled from $28.6 bn (14 Aug) to $54 bn (31 Aug 2026).
🟢 ECB disbursements during Apr–Aug 2026: $11.62 billion.
🟢 Bond listings on IFSC exchanges: $11.12 billion.
📍 What is FCNR(B)?
🟢 Foreign-currency fixed deposits by NRIs, with principal and interest fully repatriable.
🟢 RBI’s swap facility incentivises banks to mobilise such foreign-currency inflows.
🟢 Banks bear the exchange-rate risk.
📍 Why is GIFT IFSC important?
🟢 Helps channel global liquidity into India’s external financing needs.
🟢 Promotes onshoring of financial activities earlier routed through offshore hubs.
🟢 Strengthens India’s ambition to emerge as an international financial hub.
📍 Concerns
🟢 Rupee depreciation at deposit maturity can strain banks.
🟢 Large future dollar outflows require careful exit planning.
🟢 GIFT IFSC still lags behind Singapore, Dubai and Hong Kong in liquidity and institutional maturity.
📍 Prelims
🟢 IFSCA: Unified regulator for IFSCs, established under the IFSCA Act, 2019.
🟢 IBU: Specialised banking entity operating within an IFSC.
🟢 GIFT City: India’s first operational IFSC, located in Gandhinagar, Gujarat.
#economy
❤2
#Goodmorning
⏳258 days left CSP27 [ 23-05-27]
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⏳84 Days left UKPSC 29 November
⏳80 days left Ifos mains 25 November
⏳70 days left KAS prelims 15 Nov
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⏳ All the best Mppsc mains 7 September
#Target
#TargetOnlyone
#Accountability
https://t.me/anmolvachan1
⏳258 days left CSP27 [ 23-05-27]
⏳347 days left CSM27 [ 20-08-27]
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⏳90 days left UPPSC/RAS prelims 6 December
⏳84 Days left UKPSC 29 November
⏳80 days left Ifos mains 25 November
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Pichwai Paintings
A 400-year-old devotional art form from Nathdwara, Rajasthan, Pichwai paintings are dedicated to Lord Krishna as Shrinathji.
Traditionally painted on cloth, they depict Krishna, cows, lotus flowers, peacocks & festival scenes — a vibrant blend of faith, tradition & Indian craftsmanship.
A 400-year-old devotional art form from Nathdwara, Rajasthan, Pichwai paintings are dedicated to Lord Krishna as Shrinathji.
Traditionally painted on cloth, they depict Krishna, cows, lotus flowers, peacocks & festival scenes — a vibrant blend of faith, tradition & Indian craftsmanship.
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