GK Express of 20/10/2025

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🌟 “Success is not final, failure is not fatal: it is the courage to continue that counts.” 🌟

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📚 Current Affairs Coach

1. India has surpassed Japan to become the world's fourth-largest economy in nominal GDP terms, reflecting strong domestic demand and a resilient growth trajectory.

2. The Reserve Bank of India (RBI) has constituted a six-member Payments Regulatory Board (PRB), chaired by the RBI Governor, to oversee the functioning of payment and settlement systems in the country.

3. The Centre has announced the development of 100 Aspirational Agriculture Districts under the PM Dhan-Dhaanya Krishi Yojana (PMDDKY) to boost agricultural productivity and farmer welfare.

📖 Know Your English

Word: Acrimony

Meaning: Bitterness or ill feeling, often expressed in speech or debate.

Synonyms: Harshness, bitterness, animosity, resentment

Example: The debate was marred by a level of acrimony that prevented any constructive dialogue between the two leaders.

🚆ECONOMY COACH

👆 Click a question to see the answer

1. What is the difference between the Bank Rate and the Repo Rate?

➡️ The Bank Rate is the interest rate at which the RBI gives long-term finance to commercial banks (or rediscounts bills of exchange). The Repo Rate is the rate at which the RBI lends short-term money, usually overnight, to banks against collateral (securities).

2. In the context of economic growth, what is the 'Phillips Curve' relationship?

➡️ The Phillips Curve describes the historical inverse relationship between the rate of unemployment and the rate of inflation in an economy. It suggests that economic growth leading to lower unemployment tends to push inflation higher, and vice-versa.

3. What is the role of Open Market Operations (OMO) by the RBI?

➡️ OMO is the buying and selling of Government Securities (G-Secs) by the RBI in the open market. Its role is to control liquidity (money supply) in the banking system. Buying G-Secs injects money into the system, while selling them sucks money out.

🚆 GOVERNANCE COACH

👆 Click a question to see the answer

1. What does the term 'Micro Management' signify in the context of bureaucracy and governance?

➡️ Micro Management signifies a negative style of management where a manager or governing body closely observes and controls the work of subordinates, interfering with minor details. In governance, it often leads to inefficiency, delayed decision-making, and stifled innovation.

2. Which is the only major Fundamental Right that is suspended during a National Emergency (Article 352)?

➡️ During a National Emergency declared on grounds of war or external aggression, the six rights guaranteed under Article 19 (Right to Freedom) are automatically suspended (as per Article 358). Rights under Articles 20 (protection in respect of conviction for offences) and 21 (protection of life and personal liberty) can never be suspended.

3. What does the 'Rule of Law' imply as a principle of Indian governance?

➡️ The Rule of Law implies that the law is supreme and above everyone, including the government. It means that every person, regardless of rank or position, is subject to the ordinary law of the land and that no one can be punished except for a breach of law proved in a court of competent jurisdiction.

🚆INDIAN ART AND CULTURE COACH

👆 Click a question to see the answer

1. Which is the only classical dance form that has a prominent style based on the narrative and traditions of North India?

➡️ Kathak is the only classical dance form with origins in North India, particularly Uttar Pradesh. It evolved from temple storytelling by 'Kathakas' and later adapted strong Persian and Mughal court influences, characterized by intricate footwork and pirouettes.

2. Which famous UNESCO World Heritage Site temple is an example of the Nagara style of architecture, patronized by the Chandela dynasty?

➡️ The Khajuraho Group of Monuments in Madhya Pradesh is a prime example of the Nagara style (North Indian temple architecture). They are renowned for their highly ornate sculptural details and the pancha-ratha (five-shrine) plan.

3. The Kala Ghoda Arts Festival is associated with which major Indian city?

➡️ The Kala Ghoda Arts Festival is an annual multi-cultural street festival held in the Kala Ghoda district of Mumbai, Maharashtra. It celebrates various forms of art, including music, dance, theater, and cinema.

💡 Did You Know?

🇮🇳 The original concept of banking in India dates back to 2000 BCE in the Vedic period, where texts mention loan deeds called 'rnapatra' and 'rnalekhaya'.

These ancient instruments predated the formal establishment of European-style banks in the 18th century.

🌍 The Mongol Empire under Genghis Khan was the largest contiguous land empire in world history.

At its peak, it covered over 24 million square kilometers, stretching from Eastern Europe to the Sea of Japan.

❓ Question of the Day

What are the major components of India's Flexible Inflation Targeting (FIT) framework, adopted in 2016?

Answer: India's FIT framework, implemented via the amended RBI Act, 1934, has two major components: 1) A Target Inflation Rate of 4% (measured by the Consumer Price Index - CPI). 2) A Tolerance Band of +/- 2% (meaning the RBI must keep inflation between 2% and 6%). The goal is to maintain price stability while supporting economic growth.

✍️ Answer These Questions

1. The first woman ruler of medieval India was:

2. Which international organization's headquarters is located in Gurugram, India?

➡️ Submit your answers using the form below:

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