Banking, Monetary Policy & Financial Regulation

Risk-Based Premium (RBP) for Deposit Insurance – DICGC

• DICGC, with RBI approval, introduced a Risk-Based Premium framework for deposit insurance.

• Premiums payable by banks will now reflect their risk profile, incentivising better risk management.

• Exam relevance:

  • Banking supervision reforms

  • Strengthening depositor protection

  • Shift from uniform pricing to risk-sensitive regulation.

Governance, Housing & Urban Development

PMAY-Urban 2.0 Housing Approval

• Ministry of Housing & Urban Affairs cleared construction of 3.53 lakh+ urban houses.

• Objective: Accelerate urban affordable housing, reduce housing deficit, and support inclusive urbanisation.

• Exam linkage: Urban poverty alleviation, housing for all, Centre–State implementation architecture.

🔶 Education, Youth & Social Development

Pariksha Pe Charcha (PPC) 2026

• 9th edition held at Bharat Mandapam, New Delhi.

• Focuses on exam stress management, student well-being, parental guidance, and teacher engagement.

• Exam relevance:

  • Education reforms

  • Mental health in adolescents

  • Soft governance initiatives in education

🔶 Governance, Democracy & Parliamentary Affairs

National Youth Parliament Scheme (NYPS) 2.0

• Upgraded digital portal launched by the Ministry of Parliamentary Affairs.

• Expands youth participation, inclusivity, and civic engagement.

• Strengthens constitutional literacy, democratic values, and parliamentary culture.

• Exam relevance: GS-II (Democracy, Institutions), Youth engagement, e-governance.

🔶 Polity, Federalism & Constitutional Governance

Pennaiyar (Thenpennai) River Water Dispute Tribunal

• Supreme Court directed the Union Government to constitute a tribunal for the Tamil Nadu–Karnataka river dispute.

• Reinforces Article 262 and the Inter-State River Water Disputes Act, 1956.