Context: SBI Mutual Fund (MF) has introduced a new Dynamic Asset Allocation Active Fund of Funds (FoF) to offer investors a diversified investment solution that adapts to changing market conditions. Objective: Provide investors with a convenient one-fund solution by leveraging multiple actively managed equity and debt strategies. Dynamic Asset Allocation Active Fund of Funds (FoF) Dynamic Asset Allocation Active Fund of Funds (FoF) is a type of investment strategy in the mutual fund space that dynamically manages investments across different asset classes (equity, debt, gold, etc.) by investing primarily in other mutual funds rather than directly in securities. Key Features: BS
RBI Discussion Paper on Flexible Inflation Targeting (FIT) Framework
Context: The Reserve Bank of India (RBI) has released a discussion paper reviewing India’s Flexible Inflation Targeting (FIT) framework, questioning whether the current 4% inflation target continues to be optimal for balancing growth and price stability in a rapidly growing emerging economy. Background Flexible Inflation Targeting (FIT) Flexible Inflation Targeting (FIT) is a monetary policy framework adopted by central banks, including the Reserve Bank of India (RBI), to control inflation while supporting economic growth. Key Features: Significance: BS
SEBI’s Proposal to Regulate Grey Market & Pre-Listing Trading
Context: The Securities and Exchange Board of India (SEBI) is exploring the creation of a regulated venue for pre-listing trading of company shares to bring transparency to the grey market and aid in fair price discovery. What is it? A formal SEBI-supervised platform allowing the trading of shares of unlisted companies before their Initial Public Offering (IPO). It aims to replace the opaque grey market with a transparent, legal system. Objectives About the Grey Market Significance of SEBI’s Move ET
India’s Draft Climate Finance Taxonomy
Context: The Ministry of Finance released India’s draft Climate Finance Taxonomy for public consultation in May 2025. About the Draft Taxonomy: Key Features:
18th International Earth Science Olympiad (IESO) 2025
Context: Rayansh Gupta from Ludhiana won 1 Gold and 1 Silver medal at the 18th International Earth Science Olympiad (IESO 2025) held in Jining, China. About IESO 2025: India’s Performance:
India’s Need for a National Space Law
Context: India is set to celebrate its second National Space Day on 23 August. Despite major milestones like Chandrayaan-3 and the upcoming Gaganyaan mission, the country lacks a comprehensive national space legislation to regulate private participation and commercial use of outer space. What is Space Law? Key Principles of Outer Space Treaty (OST), 1967 Why India Needs a National Space Law Global Practices TH
India’s Green Hydrogen Potential: FICCI–EY Joint Report
Context: A joint report by FICCI and EY emphasizes that India could capture 10% of the global green hydrogen market by overcoming cost and infrastructure barriers, aligning with its net-zero ambitions. What is Green Hydrogen? India’s Current Initiatives: Key Challenges: Recommendations from Report:
Daily Current Affairs (DCA) 21 August, 2025
Daily Current Affairs Quiz21 August, 2025 National Affairs 1. Promotion and Regulation of Online Gaming Bill, 2025 Context: The Lok Sabha passed the Promotion and Regulation of Online Gaming Bill, 2025 by voice vote, aiming to curb online money gaming and its associated social and financial harms. Why the Bill Was Needed? Key Provisions: Benefits Other Supporting Initiatives ET & BS 2. India Successfully Test-Fires Agni-5 Ballistic Missile Context: India successfully test-fired its intermediate-range ballistic missile Agni-5 from the Integrated Test Range (ITR), Chandipur, Odisha on August 20, 2025. Key Details: About Agni-5 Missile: TH 3. 130áµ—Ę° Constitution Amendment Bill Context: Union Home Minister Amit Shah introduced the Constitution (130áµ—Ę° Amendment) Bill, 2025, in the Lok Sabha, proposing the removal of the Prime Minister, Chief Ministers, and Ministers if arrested for serious criminal charges for 30 consecutive days. The move sparked massive protests from the Opposition. Key Provisions of the Bill: Significance & Implications: TH 4. Silicon Valley of Solar Context: The International Solar Alliance (ISA) announced plans to establish 17 centres of excellence across various countries by the end of 2025 and a Global Capability Centre (GCC) in India to function as a global hub for solar energy development. Key Details: What is ISA? About ISA: India’s Solar Progress: TH Banking/Finance 1. RBI MPC August 2025 Context: The Reserve Bank of India (RBI) released the minutes of the latest Monetary Policy Committee (MPC) meeting, underscoring concerns over the adverse impact of global trade tensions, tariffs, and geopolitical uncertainties on India’s growth outlook. Key Highlights: TOI 2. Centre Proposes GST Exemption on Life and Health Insurance Policies for Individuals Context: The Centre has proposed to exempt individual life and health insurance policies from the ambit of Goods and Services Tax (GST), aiming to make insurance more affordable and boost financial inclusion. Key Highlights: GST on Life and Health Insurance Policies for Individuals TOI 3. India Exim Bank signs $40 million credit line deal with Africa’s ECOWAS Bank Context: The Export-Import Bank of India (India Exim Bank) and the ECOWAS Bank for Investment and Development (EBID) signed a $40 million commercial credit line agreement to boost India-Africa economic ties. About the Agreement: About India Exim Bank: About EBID: BL Agriculture 1. Bayer Launches Camalus Insecticide for Indian Horticulture Context: Bayer has introduced Camalus, a dual-action insecticide specifically targeting chewing and sucking pests in horticultural crops, addressing a major pest-management gap for Indian vegetable farmers. Key Highlights: BL Facts To Remember 1. 21.89 lakh net additions to EPFO in June, says govt. The Union Labour Ministry said that the Employees’ Provident Fund Organisation (EPFO) registered a net member addition of 21.89 lakh in June – the highest since tracking of payroll data began in April 2018. Compared with May, net payroll additions increased 9.14%, and vis-a-vis June 2024, the growth is 13.46%. 2. Exotel unveils programmable voice infrastructure for AI agents Exotel has announced the launch of programmable voice infrastructure for AI agents designed to deliver “significant power” to plug-’n’-play AI bots. 3. RBI gets bids of â‚ą 31K cr in â‚ą 50K cr VRR auction The Reserve Bank of India (RBI) received bids worth â‚ą 31,025 crore at the overnight variable rate repo (VRR) auction on Thursday against the notified amount of â‚ą 50,000 crore, which the experts said was on expected lines. 4. APEDA opening new offices at Patna, Raipur, Dehradun The commerce ministry’s arm, Agricultural and Processed Food Products Export Development Authority (APEDA), has decided to open its three new regional offices in Patna, Dehradun and Raipur to support agri exporters, an official said. 5. India Post Launches IT 2.0 – Advanced Postal Technology to Drive Digital Transformation Nationwide India Post today announced that it has entered a new era of digital transformation with the nationwide rollout of IT 2.0 — Advanced Postal Technology (APT). The new system offers several next-generation features, including a unified interface, QR-code-based payments, OTP-based delivery, and a 10-digit alphanumeric DIGIPIN to improve accuracy.
Bayer Launches Camalus Insecticide for Indian Horticulture
Context: Bayer has introduced Camalus, a dual-action insecticide specifically targeting chewing and sucking pests in horticultural crops, addressing a major pest-management gap for Indian vegetable farmers. Key Highlights: BL
India Exim Bank signs $40 million credit line deal with Africa’s ECOWAS Bank
Context: The Export-Import Bank of India (India Exim Bank) and the ECOWAS Bank for Investment and Development (EBID) signed a $40 million commercial credit line agreement to boost India-Africa economic ties. About the Agreement: About India Exim Bank: About EBID: BL
