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Daily Current Affairs: 4 April 2026

Current affairs of 4 April 2026: INS Taragiri commissioned: Project 17A stealth frigate features; INS Aridhaman Commissioned: Third Arihant-Class SSBN; Kar Saathi: AI Tax Helper for Income Tax Act, 2025, and 8 more topics. Key facts for every exam, with a quiz.

Take the quiz (15 questions)April 2026
11 TOPICSDaily CurrentAffairs4 April 2026In focus: INS Taragiri commissioned: Project 17A…safalsetu.com

In this issue: 11 topics

Government Schemes

  1. SAMPANN Pension Platform Shared With Goa and Cochin Port

Banking & Finance

  1. MFIN-NCAER Study: Microfinance Cuts Informal Borrowing to 1%
  2. PFRDA Backs Perpetual AIFs and Deeper Secondary Market
  3. D-SIIs 2025-26: IRDAI Names LIC, GIC Re and NIACL

Economy

  1. Kar Saathi: AI Tax Helper for Income Tax Act, 2025
  2. SDL Benchmark Issuance Strategy: RBI Pilot in Nine States

International Affairs

  1. US 100% Tariff on Patented Drugs: Impact on India

Science & Technology

  1. YUVIKA: ISRO Young Scientist Programme Reaches 1,320 Students
  2. Microsoft AI Skill Center at Chandigarh University: key facts

Defence & Security

  1. INS Taragiri commissioned: Project 17A stealth frigate features
  2. INS Aridhaman Commissioned: Third Arihant-Class SSBN

Government Schemes

Economy

1. SAMPANN Pension Platform Shared With Goa and Cochin Port

  • Centre signed agreements to provide SAMPANN as Platform-as-a-Service to the Goa government and Cochin Port Authority.
  • SAMPANN (System for Accounting and Management of Pension) was launched on 29 December 2018 by the Department of Telecommunications.
  • It pays about ₹1,650 crore a month and has disbursed over ₹72,000 crore so far.
  • Pension money goes straight to pensioners' bank accounts, curbing ghost pensioners.
Full notes and 3 MCQs ›

Banking & Finance

Economy

3. PFRDA Backs Perpetual AIFs and Deeper Secondary Market

  • PFRDA Chairman S. Ramann proposed perpetual fund structures for VC and PE instead of 8-10 year fund lives.
  • NPS may now invest up to 1% of its AUM in AIFs, potentially unlocking about ₹1.17 trillion.
  • AIF units are illiquid; secondary buyers can ask for discounts of around 30%.
  • A formal secondary market would aid price discovery and narrow exit discounts.
Full notes and 3 MCQs ›

Economy

Economy

5. Kar Saathi: AI Tax Helper for Income Tax Act, 2025

  • The Income Tax Department introduced Kar Saathi, an AI-enabled taxpayer assistance platform.
  • It is built to support the move to the new Income Tax Act, 2025.
  • It answers queries on ITR filing, deductions and refunds around the clock without human staff.
  • It combines forms, challans, e-payment links and e-verification tools in one portal and helps track notices and grievances.
Full notes and 3 MCQs ›
Economy

6. SDL Benchmark Issuance Strategy: RBI Pilot in Nine States

  • RBI launched a pilot Benchmark Issuance Strategy for State Development Loans from Q1 FY27.
  • Nine states take part: AP, Bihar, Chhattisgarh, Kerala, MP, Maharashtra, Rajasthan, Telangana and UP.
  • States and UTs plan to borrow ₹2.54 trillion in Q1 FY27, below the ₹2.75-3 trillion expected.
  • Pilot states will use fixed maturity buckets and a pre-announced calendar, making larger benchmark bonds.
Full notes and 3 MCQs ›

International Affairs

Science & Technology

Defence & Security

Science & Technology

11. INS Aridhaman Commissioned: Third Arihant-Class SSBN

  • Defence Minister Rajnath Singh presided over the commissioning of INS Aridhaman (S4) at Visakhapatnam in a low-key ceremony.
  • It is India's third nuclear-powered ballistic missile submarine (SSBN), after INS Arihant (2016) and INS Arighaat (2024).
  • Aridhaman displaces about 7,000 tonnes with more missile tubes, versus about 6,000 tonnes for the first two boats.
  • The follow-on boat S4*, tentatively Arisudan, is already in sea trials.
Full notes and 3 MCQs ›

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