Daily Current Affairs (DCA) 04 September, 2026

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Daily Current Affairs Quiz | NABARD Grade A & RBI Grade B | Economy, Banking & Agriculture

Daily Current Affairs for NABARD Grade A and RBI Grade B 2026 covering the most important developments in Indian Economy, Banking, RBI, Agriculture, Rural Development, Government Schemes, Financial Markets, Reports & Indices, International Relations, Environment and Science & Technology.

NABARD Current Affairs

Agriculture Current Affairs in News

1. NABARD-IMD MoU on Climate-Resilient Agriculture via DiCRA

Source: News reports

Context: NABARD signed an MoU with the India Meteorological Department (IMD) to integrate agro-meteorological data into the Data in Climate Resilient Agriculture (DiCRA) platform โ€” improving access to weather intelligence for farmers, lenders and rural stakeholders.

What IMD will provide

  • Weather forecasts โ€” short, medium and extended range
  • Agro-advisories โ€” crop-specific guidance based on expected weather
  • In-situ observations โ€” actual measurements from ground stations
  • Alerts โ€” for extreme events such as heavy rainfall, heatwaves and cold waves
  • All integrated into a dedicated Weather Portal within DiCRA

How it will be delivered

  • Web portals โ€” for institutional users
  • Mobile interfaces โ€” for farmers and field staff
  • APIs โ€” allowing banks, insurers and agri-tech firms to pull data into their own systems
  • Designed for open, user-friendly access and last-mile delivery

About DiCRA

  • Data in Climate Resilient Agriculture โ€” an open-source digital platform
  • Supported by NABARD and the United Nations Development Programme (UNDP)
  • It served as the digital infrastructure for NABARD’s National Climate Stack Innovation Challenge, where SatSure, EXPERIQS and VARSAPRADAYA built village-level climate risk tools on it

PIB in News

1. Swachh Sagar, Surakshit Sagar 2026

  • 5th edition (SSSS v5.0) was launched by Dr Jitendra Singh under the Ministry of Earth Sciences.
  • It is a week-long ocean conservation campaign focused on marine pollution and coastal cleanliness.
  • A new National Ocean Olympiad was launched under the campaign.
  • Activities include beach clean-ups, conservation pledges, youth programmes and awareness drives.
  • The campaign was launched in 2022 as a 75-day coastal clean-up across 75 beaches.

RBI Current Affairs

Banking and Finance

1. The Public Insurance Registry (PIR)

Source: Business Standard

Context: IRDAI issued a consultation paper proposing a Public Insurance Registry (PIR) โ€” conceived as Digital Public Infrastructure under the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025.

What It Is

  • A population-scale, interoperable and non-exclusionary Digital Public Infrastructure
  • Designed as a common information exchange layer
  • Allowing authorised participants to discover, verify and share insurance data โ€” without creating a single centralised data warehouse

About

Regulator and anchor: IRDAI

  • Implementing body: proposed by transforming the existing Insurance Information Bureau (IIB) into a wholly owned, not-for-profit subsidiary of IRDAI
  • Participants: insurers, reinsurers, intermediaries, policyholders, financial institutions, government departments and research institutions

Important Facts for Exams

  • PIR โ€” proposed by IRDAI as Digital Public Infrastructure
  • Under the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025
  • Implementing body: the Insurance Information Bureau (IIB), to become a wholly owned not-for-profit subsidiary of IRDAI
  • Federated model โ€” data stays with source institutions; not a central warehouse
  • To integrate with vehicle, health, weather, disaster and court databases
  • IRDAI โ€” established under the IRDA Act, 1999, headquartered at Hyderabad
  • Comparable architecture: the RBI’s Account Aggregator framework

2. SEBI Grants Category I Merchant Banking Licence to Zerodha

Source: BS

Context: SEBI granted a Category-I merchant banking licence to Zerodha Corporate Advisors, a subsidiary of Zerodha โ€” enabling its entry into investment banking with a focus on capital market services.

Category-I merchant bankers

  • Can manage main-board public issues and undertake underwriting
  • Minimum net worth: โ‚น50 crore โ€” raised from the earlier โ‚น5 crore
  • Business capped at 20 times liquid net worth

Category-II merchant bankers

  • Cannot manage main-board public issues
  • Minimum net worth: โ‚น10 crore

What Zerodha will do

  • Initially focus on equity capital markets โ€” IPOs, follow-on public offers (FPOs) and advisory services for issuers and investors
  • Plans to replicate its brokerage philosophy โ€” low-cost services without aggressive selling, emphasising transparency and efficiency
  • Objective: diversify beyond broking into advisory and capital-raising services

3. Carol Kripanayana Furtado: Interim CEO of Ujjivan SFB

  • RBI approved Carol Kripanayana Furtado as interim MD & CEO of Ujjivan Small Finance Bank.
  • Her tenure is for three months or until a permanent successor is appointed.
  • She succeeded Sanjeev Nautiyal, who resigned on 31 August 2026.
  • Furtado has nearly three decades of banking and NBFC experience.
  • She previously served as CEO of Ujjivan Financial Services.

RBI and NABARD Current Affairs

1. The SCO Bishkek Declaration

Source: TOI

Context: Leaders of the 10 SCO member states โ€” including India, Russia and China โ€” concluded the 26th Council of Heads of State summit in Bishkek, Kyrgyzstan, by signing the joint Bishkek Declaration.

The Summit

  • Host: Bishkek, Kyrgyzstan
  • Chair: President Sadyr Japarov of the Kyrgyz Republic
  • Theme (2026): “25 Years of the SCO: Together for Sustainable Peace, Development and Prosperity”
  • Presidency handover: to Pakistan for the 2026-2027 tenure

Key Outcomes of the SCO Declaration

  • No double standards on terrorism: Condemned terrorism in all forms; called for action against cross-border terrorism, safe havens and terror financing.
  • No extremist proxies: Rejected the use of terrorist/separatist groups for strategic purposes and stressed state responsibility.
  • Iran strikes condemned: Opposed unilateral military strikes on Iran and called for diplomacy.
  • SCO is not a military bloc: Reaffirmed sovereignty, non-interference and that SCO is not directed against any country.
  • Energy & food security: Warned that Strait of Hormuz disruptions could threaten global energy and food security.
  • Financial cooperation: Supported national-currency trade, alternative payment systems and discussions on an SCO Development Bank.
  • Connectivity: Supported CKU Railway and INSTC, while stressing sovereignty and territorial integrityโ€”important for Indiaโ€™s position on BRI/CPEC.
  • Youth & innovation: Institutionalised the SCO Young Scientists Forum and Start-up Forum.

Important Facts for Exams

  • 26th SCO Council of Heads of State summit, Bishkek, Kyrgyzstan
  • Chair: President Sadyr Japarov; presidency to Pakistan for 2026-27
  • Theme: “25 Years of the SCO”
  • 10 member states; SCO founded 2001 in Shanghai from the Shanghai Five
  • Secretariat at Beijing; RATS at Tashkent
  • India and Pakistan joined 2017; Iran 2023; Belarus 2024
  • INSTC โ€” International North-South Transport Corridor, linking India to Russia via Iran
  • CKU โ€” China-Kyrgyzstan-Uzbekistan railway
  • The Declaration explicitly states the SCO is not a military-political alliance

Economy in News

1. Semicon 2.0

Source: Indian Express

Context: MeitY notified the operational framework for the โ‚น1.27 lakh crore (โ‚น1,27,500 crore) Semicon 2.0 programme.

What It Is

  • A comprehensive national policy framework and financial incentive scheme
  • Structured across 6 pillars and 10 categories
  • Designed to support the entire semiconductor value chain

About

  • What the value chain covers: fabless chip design, silicon and compound wafer fabrication, advanced packaging (ATMP/OSAT), equipment, materials, specialty chemicals, R&D and specialised talent development.
  • Nodal agency: India Semiconductor Mission (ISM), under MeitY
  • Design and technical partner: C-DAC โ€” Centre for Development of Advanced Computing
  • Aim: build technological self-reliance through Indian-owned IP, fabless chip design, domestic chip adoption, local supply chains and global electronics manufacturing.

2. Earth Observation Satellite EOS-05

Source: TOI

Context: ISRO has slated the launch of EOS-05, formerly GISAT-1A, aboard the GSLV-F17 rocket from Sriharikota. It is the operational replacement for the lost GISAT-1 mission.

What It Is

  • An ISRO geo-imaging satellite built on the I-2K platform
  • Operating in Geosynchronous Orbit, about 35,786 km
  • Enabling near-real-time monitoring of India, surrounding oceans and border regions

About

  • Launcher: GSLV-F17 (GSLV Mk II), from the Second Launch Pad at SDSC-SHAR, Sriharikota
  • Why the high orbit: it matches Earth’s rotation, overcoming the multi-day revisit gaps typical of Low Earth Orbit satellites.
  • Primary objective: persistent spatial, spectral and thermal monitoring over the Indian landmass, oceans and border zones โ€” for disaster mitigation, agriculture and strategic defence.

3. Indiaโ€“Germany Wetland Conservation Partnership

  • India and Germany signed a Joint Declaration of Intent (JDI) on conservation and wise use of wetlands.
  • The agreement was signed during the 4th Indo-German Environment Forum (IGEF).
  • Cooperation will cover wetlands, biodiversity, forests, mountains and climate resilience.
  • Other focus areas include circular economy, sustainable finance and green skills.
  • IGEF was established in 2008 as the highest-level bilateral environmental policy forum between India and Germany.

4. BPCLโ€“CSE MoU: Biofuels and Circular Economy

  • BPCL and Centre for Science and Environment (CSE) signed an MoU on biofuels and circular economy.
  • Collaboration will cover biomass, waste-to-resource solutions and Compressed Biogas (CBG).
  • Focus areas include feedstock assessment, supply chains and waste-resource management.
  • They will explore utilisation of by-products such as FOM, digestate, bio-COโ‚‚ and DDGS.
  • The partnership aims to develop scalable bioenergy solutions.

Social Issue in News

1. CARA: Adoption Awareness 2026

  • CARA launched the theme: โ€œLegal Adoption. Safe Childhood. Secure Future. Say No to Illegal Adoption!โ€
  • The campaign promotes legal, safe, transparent and child-centric adoption.
  • CARA will conduct State/UT-level awareness workshops from September 2026.
  • It is strengthening coordination with MoHFW and MHA to prevent illegal adoption.
  • CARA is a statutory body under the Juvenile Justice Act, 2015.

Misc GA in News

1. Gollala Gudi Temple Declared Monument of National Importance

  • ASI declared Gollala Gudi Temple in Palampet, Telangana, a Monument of National Importance.
  • The declaration was made under the AMASR Act, 1958.
  • It is located near the UNESCO World Heritage Site Ramappa Temple.
  • The temple is a Trikutalaya, with three sanctums and an east-facing mandapa.
  • With this addition, Telangana has 10 ASI-protected sites.

2. IBCAโ€“ADB MoU for Big Cat Landscape Conservation

  • International Big Cat Alliance (IBCA) and ADB signed an MoU on landscape conservation and nature-positive financing.
  • The agreement was signed during the International Workshop on Tiger Landscapes in New Delhi.
  • Theme: โ€œTiger Landscapes: Conservation, Bioeconomy and Ecotourismโ€ฆโ€
  • Focus areas include climate resilience, ecosystem services and nature-based solutions.
  • IBCA is an India-led alliance focused on conserving 7 big cats across its member countries.

3. Tenzing Norgay National Adventure Awards 2024

  • MYAS announced 4 awardees for the Tenzing Norgay National Adventure Awards 2024.
  • Winners: Baljeet Kaur, Skalzang Rigzin, Rimo Saha and Shiv Prasad Chamoli.
  • Awards cover Land Adventure, Water Adventure, Air Adventure and Lifetime Achievement.
  • Each winner receives a โ‚น15 lakh cash prize, bronze statuette and certificate.
  • It is Indiaโ€™s highest national award for adventure sports.

4. Ramon Magsaysay Awards 2026

  • Tommy Koh, Runa Khan and Bo Kyi were named winners of the 68th Ramon Magsaysay Awards.
  • Tommy Koh is from Singapore, Runa Khan from Bangladesh, and Bo Kyi from Myanmar.
  • Koh was recognised for international dialogue and cooperation.
  • Khan works for vulnerable communities in Bangladesh, while Bo Kyi advocates for political prisoners and human rights.
  • Each recipient receives a medallion, certificate and USD 50,000.

5. Air Vice Marshal Shakti Sharma Makes History

  • AVM Shakti Sharma became the first woman from the non-medical stream to attain the two-star rank in India’s Defence Forces.
  • She assumed charge as Assistant Chief of Air Staff (Education).
  • She was commissioned into the IAF Education Branch in 1994.
  • She has served across training establishments, field stations and Air Headquarters.
  • Her promotion marks a major milestone for women in defence leadership.

6. Tata Elxsiโ€“Sarla Aviation: Shunya Electric Air Taxi

  • Tata Elxsi and Sarla Aviation signed an MoU to develop Shunya, an electric VTOL aircraft.
  • Shunya is designed as a six-seater plus one pilot eVTOL.
  • Tata Elxsi will support avionics, flight controls, software, testing and certification.
  • The first flight is targeted within 18โ€“24 months.
  • The aircraft is designed for 300+ km operations and runway-independent connectivity.

7. IAF Tests Indigenous Khagantak-243 Glide Bomb

  • IAF successfully tested the Khagantak-243, an indigenous Long-Range Glide Bomb (LRGB).
  • It is a 300-kg class stand-off precision-guided weapon.
  • The system is designed to allow aircraft to engage targets from safer distances.
  • BEL supplied electronics and guidance systems, while JSR Dynamics developed the bomb body and control systems.
  • The test strengthens India’s indigenous precision-strike capability.

9. World Coconut Day 2026

  • World Coconut Day is observed annually on 2 September.
  • 2026 theme: โ€œCoconuts in Times of Uncertainty: Securing Food, Energy, and Livelihoods.โ€
  • The day was initiated by the Asian and Pacific Coconut Community (APCC).
  • The first World Coconut Day was observed in 2009.
  • ICAR-CPCRI, Kasaragod celebrated the 2026 event in Kerala.

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September 4, 2026/

Context: MeitY notified the operational framework for the โ‚น1.27 lakh crore (โ‚น1,27,500 crore) Semicon 2.0 programme. What It Is About

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