Government of India โ Multiple Ministries
This report covers essential national and economic developments for aspirants preparing for UPSC, SSC, Banking, and State PSC examinations. Staying updated on policy, economy, and historical milestones is crucial for the General Awareness section.
The Reserve Bank of India's MPC commenced its three-day meeting on 3 August 2026. Governor Sanjay Malhotra will announce the policy decision on 5 August 2026 at 10:00 AM. Key indicators include CPI inflation at 4.38% (June 2026) and WPI inflation at 9.87%. The committee is expected to monitor global geopolitical uncertainties and crude oil price fluctuations.
The Central Government has released an additional tax devolution of โน1,09,019 crore to states. This is part of the 41% tax devolution mandate as recommended by the 15th Finance Commission. This advance installment is designed to support states with capital expenditure requirements for the upcoming festive season.
| Date | Event |
|---|---|
| 6 August | 81st Anniversary of Hiroshima Day |
| 7 August | National Handloom Day (12th Observance) |
| 8 August | 84th Anniversary of Quit India Movement |
Candidates are advised to note these dates for objective-type questions in upcoming government recruitment examinations.
Securing a government position under Government of India requires a disciplined and strategic approach. Follow these essential preparation steps:
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Rajesh Kumar Sharma is a seasoned career consultant with over 12 years of experience in the Indian government recruitment sector. He has helped thousands of aspirants navigate the complex world of Sarkari Naukri, specializing in SSC, UPSC, and Banking examinations.