🚆 GK Express 2.0 Discipline • Clarity • Competitive Preparation TODAY’S FOCUS → ECONOMIC AND SCIENTIFIC DEVELOPMENTS 🧠 Thought of the Day “Science is a beautiful gift to humanity; we should not distort it.” — Dr. A.P.J. Abdul Kalam 📘 Concept of the Day Fiscal Deficit Why is this Topic Important? Fiscal deficit is a key concept in public finance and is frequently discussed in the Union Budget. It affects inflation, borrowing and economic stability. What is Fiscal Deficit? Fiscal deficit is the difference between the government's total expenditure and its total revenue (excluding borrowings). Expenditure – total spending by the government. Revenue – income earned by the government through taxes and other sources. Formula Fiscal Deficit = Total Expenditure – Total Revenue (excluding borrowings) Components of Fiscal Deficit Revenue expenditure (salaries, subsidies, interest payments) Capital expenditure (infrastructure, deve...

🚆 GK Express 2.0 Discipline • Clarity • Competitive Preparation TODAY’S FOCUS → ECONOMIC AND SCIENTIFIC DEVELOPMENTS 🧠 Thought of the Day “Science is a beautiful gift to humanity; we should not distort it. Economics is the method; the object is to change the heart and soul.” — Dr. A.P.J. Abdul Kalam 📘 Concept of the Day Money Supply in India Why is this Topic Important? Money supply is a key concept in macroeconomics and monetary policy. It affects inflation, interest rates and economic growth. What is Money Supply? Money supply refers to the total amount of money available in an economy at a given time. Liquidity – ease with which money can be used for transactions. Monetary Policy – policy of the central bank to control money supply and interest rates. Measures of Money Supply in India The Reserve Bank of India (RBI) classifies money supply into four categories: M1 (Narrow Money) Currency with public Demand deposits in b...

🚆 GK Express 2.0 Discipline • Clarity • Competitive Preparation TODAY’S FOCUS → ECONOMIC AND SCIENTIFIC DEVELOPMENTS IN INDIA 🧠 Thought of the Day “The true laboratory is the mind, where behind illusions we uncover the laws of truth.” — Jagadish Chandra Bose 📰 Current Affairs India’s First OTEC Plant: India has launched its first Ocean Thermal Energy Conversion (OTEC) desalination plant in Lakshadweep (Kavaratti), utilizing temperature differences in sea water to generate power and fresh water. Emergency Gas Allocation: The Ministry of Petroleum and Natural Gas invoked powers under the Essential Commodities Act, 1955 to prioritize natural gas for households and transport due to the ongoing West Asia maritime blockade. 📘 Concept of the Day Common Equity Tier 1 (CET-1) Ratio Why is this Topic Important? The CET-1 ratio is a key financial indicator used to measure the financial strength and stability of banks. It is frequently mentione...

🚆 GK Express 2.0 Discipline • Clarity • Competitive Preparation TODAY’S FOCUS → ECONOMIC AND SCIENTIFIC DEVELOPMENTS IN INDIA 🧠 Thought of the Day “Science is a beautiful gift to humanity; we should not distort it.” — Dr. A.P.J. Abdul Kalam 📘 Concept of the Day Inequality-Adjusted Human Development Index (IHDI) Why is this Topic Important? IHDI is an important indicator used in the Human Development Report of the United Nations. It shows the real level of development in a country by considering inequality. What is Human Development Index (HDI)? The Human Development Index (HDI) is a measure used to evaluate the overall developmen...

🚆 GK Express 2.0 Discipline • Clarity • Competitive Preparation TODAY’S FOCUS → ECONOMIC AND SCIENTIFIC DEVELOPMENTS IN INDIA 🧠 Thought of the Day “A scientist does not belong to a particular nation. He belongs to the whole world.” — Dr. Homi J. Bhabha 📰 Current Affairs Kerala to Keralam: The Union Cabinet has approved the proposal to change the name of the State of Kerala to “Keralam.” A Bill titled Kerala (Alteration of Name) Bill, 2026 will be processed under Article 3 of the Constitution. The move follows a 2024 resolution by the Kerala Legislative Assembly requesting the change. Independence of ECI: The independence of the Election Commission of India (ECI) is under scrutiny following concerns over voter roll revisions, including the Special Intensive Revision (SIR) in Bihar and the reported deletion of around 65 lakh voters. Free HPV Vaccines: India is all set t...