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October 2026 Complete Monthly Compendium

October 2026 Current Affairs Capsule

Exhaustive month-end compilation of PIB, The Hindu, Indian Express, and Economic Survey developments categorized for UPSC CSE, SSC CGL, Banking, and State PSCs with static GK connections and speed test MCQs.

8 Curated News Briefs
7 Speed Test MCQs
2 Daily Editions Aggregated
Showing 8 of 8 news items
GS-3 Economy

Indian Economy, Trade & Fiscal Policy

2 Stories
2026-10-09Source: Reserve Bank of India Monetary Policy Statement

RBI MPC Decision: Repo Rate Maintained at 6.50%, Stance Shifted to Neutral

The Reserve Bank of India's Monetary Policy Committee, headed by the RBI Governor, decided by a majority to keep the policy repo rate unchanged at 6.50% while changing the monetary policy stance from 'withdrawal of accommodation' to 'neutral'. Inflation projections for FY26 were pegged at 4.5% with GDP growth projected at 7.2%.

💡 High-Yield Static GK Connections:
  • Repo Rate: 6.50% | Standing Deposit Facility (SDF): 6.25% | Marginal Standing Facility (MSF): 6.75%.
  • MPC Composition: 6 members (3 from RBI, 3 external experts appointed by Central Government under Section 45ZB of RBI Act 1934).
  • Inflation target mandate: 4% (+/- 2% tolerance band) under the Consumer Price Index (CPI).
UPSC CSE GS-3 (Indian Economy)RBI Grade BIBPS PO / SBI PO GASSC CGL
2026-10-08Source: World Bank South Asia Report

World Bank Upgrades India's Economic Growth Forecast to 7.0%

In its latest South Asia Development Update, the World Bank raised India's GDP projection to 7.0%, supported by strong agricultural rebound, government capital expenditure, and robust services export.

💡 High-Yield Static GK Connections:
  • World Bank Headquarters: Washington, D.C., USA.
  • Flagship Reports of World Bank: World Development Report, Global Economic Prospects.
UPSC CSE GS-3 (Macroeconomics)Banking & Insurance Exams
GS-3 S&T

Science, Biotechnology & Space Missions

2 Stories
2026-10-09Source: Department of Space / ISRO Press Release

ISRO Finalizes Shukrayaan-1 Venus Orbiter Mission Payloads

The Indian Space Research Organisation has officially cleared the suite of scientific instruments for the Venus Orbiter Mission (VOM), popularly known as Shukrayaan-1. The mission aims to study the surface, subsurface, atmospheric chemistry, and solar wind interactions of planet Venus.

💡 High-Yield Static GK Connections:
  • Launch Vehicle: LVM-3 (Launch Vehicle Mark-3).
  • Venus Atmosphere: Dense atmosphere composed of ~96.5% Carbon Dioxide with thick clouds of sulfuric acid, generating a runaway greenhouse effect.
  • Surface Atmospheric Pressure: ~92 times Earth's sea-level pressure.
UPSC CSE GS-3 (Science & Tech)State PSC GS PaperSSC CGL (General Science)
2026-10-09Source: The Nobel Foundation Official Announcement

Nobel Prize in Chemistry 2026: Breakthrough in Computational Protein Design

The Royal Swedish Academy of Sciences awarded the Nobel Prize in Chemistry for groundbreaking advances in computational protein design and artificial intelligence-driven protein structure prediction, enabling scientists to decipher the 3D structures of virtually all known proteins.

💡 High-Yield Static GK Connections:
  • Proteins are polymers composed of 20 standard amino acids linked by peptide bonds.
  • AlphaFold and Rosetta: Key computational systems revolutionizing drug discovery, enzyme design, and vaccine development.
UPSC CSE GS-3 (Biotechnology)SSC CGLRailway RRB NTPC
Welfare

Government Schemes, Welfare & Social Justice

1 Stories
2026-10-09Source: Press Information Bureau (PIB)

PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme

The Union Ministry of Heavy Industries rolled out the PM E-DRIVE Scheme with a total financial outlay of ₹10,900 crore over two years. The scheme supersedes the earlier FAME-II program, prioritizing subsidies for electric two-wheelers, three-wheelers, ambulances, and e-buses.

💡 High-Yield Static GK Connections:
  • Nodal Ministry: Ministry of Heavy Industries.
  • Target: Subsidizing 24.79 lakh electric 2-wheelers, 3.16 lakh electric 3-wheelers, and 14,028 e-buses.
  • Infrastructure Component: Installation of 72,300 public EV charging stations.
UPSC CSE GS-2 & GS-3 (Govt Policies & Green Mobility)SSC CGLState PSC
GS-3 Ecology

Environment, Biodiversity & Climate Change

1 Stories
2026-10-09Source: Ministry of Environment, Forest and Climate Change (MoEFCC)

India Expands Ramsar Network to 85 Sites of International Importance

India has designated three new wetlands under the Ramsar Convention on Wetlands, increasing the total count of Ramsar sites in India to 85. India now holds the second-highest number of Ramsar sites in Asia, following China.

💡 High-Yield Static GK Connections:
  • Ramsar Convention signed: 2 February 1971 in Ramsar, Iran (World Wetlands Day celebrated on Feb 2).
  • Tamil Nadu hosts the highest number of Ramsar sites (16) among all Indian states, followed by Uttar Pradesh (10).
  • Montreux Record: List of Ramsar sites where changes in ecological character have occurred or are occurring (currently Keoladeo National Park, Rajasthan and Loktak Lake, Manipur).
UPSC CSE GS-3 (Environment & Ecology)State PSCSSC CGL
Security

Defense, Security & Military Exercises

1 Stories
2026-10-08Source: Ministry of Defence

Indian Air Force Celebrates 94th Air Force Day at Tambaram, Chennai

The Indian Air Force observed its 94th anniversary on 8 October 2026. Established on 8 October 1932 as an auxiliary air force of the British Empire, the IAF displayed indigenous platforms including the LCA Tejas, Prachand Light Combat Helicopter, and Sukhoi-30MKI.

💡 High-Yield Static GK Connections:
  • Motto of IAF: 'Nabhah Sprsham Deeptam' (Touch the sky with glory), derived from Chapter 11 of the Bhagavad Gita.
  • IAF Chief: Air Chief Marshal. Supreme Commander: President of India (Article 53(2)).
UPSC CSE GS-3 (Defense & Security)CDS & NDA ExamSSC CGL
GS-2 Polity

National Affairs & Polity

1 Stories
2026-10-08Source: Ministry of Ports, Shipping and Waterways

National Maritime Heritage Complex (NMHC) Approved at Lothal, Gujarat

The Union Cabinet chaired by the Prime Minister approved the development of the National Maritime Heritage Complex at the ancient Harappan port town of Lothal in Gujarat. The world-class facility will showcase India's 5,000-year-old maritime heritage.

💡 High-Yield Static GK Connections:
  • Lothal is located along the Bhogava river, a tributary of the Sabarmati, in Gujarat.
  • Discovered by archaeologist S.R. Rao in 1954; famous for the world's earliest known tidal dockyard.
  • Key artifacts found at Lothal: Dockyard, Persian Gulf seal, rice husk impressions, and bead-making factory.
UPSC CSE GS-1 (Ancient Indian History & Culture)State PSCSSC CGL

October 2026 Monthly Retention Drill

Test your memory with 7 curated monthly MCQs

Question 1 of 7

With reference to the Reserve Bank of India's Monetary Policy Committee (MPC), consider the following statements: 1. The MPC consists of six members, including three members nominated by the Central Government. 2. The Governor of the RBI serves as the ex-officio Chairperson of the MPC. 3. The RBI Governor has a casting vote in the event of an equality of votes. Which of the statements given above are correct?

Question 2 of 7

The recently approved 'PM E-DRIVE' scheme by the Union Government is primarily designed to replace which of the following earlier initiatives?

Question 3 of 7

Consider the following statements regarding Ramsar sites in India: 1. India signed the Ramsar Convention in 1982. 2. Tamil Nadu currently holds the highest number of Ramsar sites in India. 3. Chilika Lake and Keoladeo National Park were the first designated Ramsar sites in India. How many of the statements given above are correct?

Question 4 of 7

Regarding planet Venus and ISRO's Shukrayaan-1 mission, which gas predominantly constitutes Venus's dense atmosphere responsible for its extreme surface temperature?

Question 5 of 7

Which of the following wetland sites in India are currently listed on the 'Montreux Record' under the Ramsar Convention?

Question 6 of 7

The ancient port city of Lothal, recently approved for the National Maritime Heritage Complex, was located along which river in Gujarat?

Question 7 of 7

On which date is Indian Air Force Day officially celebrated every year?