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Daily Current Affairs: 4 & 5 January 2026

Current affairs of 4 & 5 January 2026: PMMVY Maternity Scheme: 9 Years of Benefits; Export Promotion Mission: Seven New MSME Measures; Rah-Veer Good Samaritan Scheme: Protections and Rewards, and 13 more topics. Key facts for every exam, with a quiz.

Take the quiz (15 questions)January 2026

In this issue: 16 topics

National Affairs

2nd Khelo India Beach Games at Ghoghla Beach, Diu

Government Schemes

PMMVY Maternity Scheme: 9 Years of Benefits
Export Promotion Mission: Seven New MSME Export Interventions
Rah-Veer Good Samaritan Scheme: Protections and Rewards

Banking & Finance

IRDAI on Insurance Misselling: Root-Cause Analysis Urged
RBI Final Related-Party Lending Norms: Key Relaxations
NBFC Infrastructure Lending: RBI Cuts Risk-Weight Thresholds

Economy

Billionaire Wealth Share of India’s GDP Falls to 25.2%
India Seafood Exports Up 16% in April-October FY26

Agriculture & Rural

Beed Model: How Horticulture and Water Lifted Farm Incomes
ICAR Crop Varieties: 184 New Releases Across 25 Crops

Science & Technology

Regional AI Impact Conference 2026 Set for Jaipur

Environment & Ecology

Olive Ridley Turtles: Chennai Hatcheries Set Up for Nesting

Defence & Security

Suryastra Rocket System: Army’s ₹293-Crore Induction Deal
Ramjet Artillery Shells: Army to Deploy 155 mm Rounds
ICGS Samudra Pratap: First Indigenous Pollution Control Vessel

National Affairs

1. 2nd Khelo India Beach Games at Ghoghla Beach, Diu

The 2nd Khelo India Beach Games was set to start at Ghoghla Beach, Diu.
More than 2,100 athletes take part in eight sports.
The Union Territory of Dadra and Nagar Haveli and Daman and Diu is the organiser.

Full notes and 3 MCQs ›

Government Schemes

Government Schemes

2. PMMVY Maternity Scheme: 9 Years of Benefits

PMMVY, launched 1 January 2017, gives conditional cash aid for the first living child; it completed nine years.
₹5,000 is paid through DBT in installments of ₹1,000, ₹2,000 and ₹2,000.
With ₹1,000 under JSY, total benefit is ₹6,000 as per the National Food Security Act, 2013.

Full notes and 3 MCQs ›

3. Export Promotion Mission: Seven New MSME Export Interventions

Seven new interventions were launched under the Export Promotion Mission (EPM) for MSMEs.
EPM has two arms: Niryat Protsahan (finance) and Niryat Disha (trade ecosystem).
Support includes 2.75% interest subvention.

Full notes and 3 MCQs ›

Polity & Governance

4. Rah-Veer Good Samaritan Scheme: Protections and Rewards

The Rah-Veer scheme for Good Samaritans rests on Section 134A of the 2019 Motor Vehicles amendment.
Good-faith helpers face no civil or criminal liability and cannot be compelled to testify.
The reward is ₹25,000 plus a certificate.

Full notes and 3 MCQs ›

Banking & Finance

Banking & Finance

5. IRDAI on Insurance Misselling: Root-Cause Analysis Urged

IRDAI said misselling and unfair business practices in insurance remain a significant concern.
Insurers were advised to run a root-cause analysis to find why such practices occur.
Misselling means selling policies without proper disclosure of terms, costs, benefits and suitability.
The Finance Ministry has repeatedly cautioned banks and insurers against misselling.

Full notes and 3 MCQs ›

Banking & Finance

6. RBI Final Related-Party Lending Norms: Key Relaxations

RBI issued final related-party lending norms for banks and other regulated entities, easing the draft.
Non-compliant existing loans may run to maturity, with no enhancement, renewal, repricing or change in terms.
Equity investments in related parties are out of scope; debt investments stay covered.

Full notes and 3 MCQs ›

7. NBFC Infrastructure Lending: RBI Cuts Risk-Weight Thresholds

RBI's final norms ease risk weights for NBFC infrastructure loans compared with its draft.
A 75% risk weight now needs only 2% repayment (draft: 5%); 50% needs 5% (draft: 10%).
Termination protection clauses stay in the final norms.

Full notes and 3 MCQs ›

Economy

8. Billionaire Wealth Share of India’s GDP Falls to 25.2%

Combined net worth of India's billionaire promoters, in dollar terms, fell 5% in CY2025.
Nominal GDP in dollar terms grew 7.5% in FY25.
Billionaire wealth as a share of GDP dropped to 25.2% in CY25 from 28.5%, the lowest in three years.

Full notes and 3 MCQs ›

9. India Seafood Exports Up 16% in April-October FY26

Marine products exports grew 16% in value and 12% in volume in April-October FY 2025-26.
Seafood exports reached $4.87 billion, up from $4.19 billion a year earlier.
Shipments to markets other than the US rose despite the high US tariff.

Full notes and 3 MCQs ›

Agriculture & Rural

Government Schemes

10. Beed Model: How Horticulture and Water Lifted Farm Incomes

A Global Vikas Trust initiative led by Mayank Gandhi transformed farm incomes in drought-prone Beed, Maharashtra.
A TISS assessment found per-acre income rose over tenfold, from about ₹38,700 to nearly ₹3.9 lakh.
Groundwater levels improved from around 400 feet to nearly 50 feet in many villages.

Full notes and 3 MCQs ›

Government Schemes

11. ICAR Crop Varieties: 184 New Releases Across 25 Crops

Shivraj Singh Chouhan released 184 ICAR varieties of 25 crops in New Delhi.
Rice got 60 varieties, maize 50 and oilseeds 13.
Six regional zones will prepare a Krishi Roadmap.

Full notes and 3 MCQs ›

Science & Technology

Polity & Governance

12. Regional AI Impact Conference 2026 Set for Jaipur

Rajasthan was to host the Regional AI Impact Conference 2026 in its capital city, Jaipur.
The conference date was January 6.
Union IT Minister Ashwini Vaishnaw was due to attend the event.
MoS Jitin Prasada of the same ministry was also due to attend.

Full notes and 3 MCQs ›

Environment & Ecology

Environment & Ecology

13. Olive Ridley Turtles: Chennai Hatcheries Set Up for Nesting

Chennai coast hatcheries aim to protect Olive Ridley eggs and hatchlings.
Mass nesting (arribada) occurs at Gahirmatha, Rushikulya and Devi River mouth.
IUCN: Vulnerable; Schedule I under the Wildlife (Protection) Act, 1972.

Full notes and 3 MCQs ›

Defence & Security

Defence & Security

14. Suryastra Rocket System: Army’s ₹293-Crore Induction Deal

Army signed a ₹293-crore emergency deal with NIBE Ltd for Suryastra rockets.
Strike reach: 150 km and 300 km.
Technology base: Israeli PULS.

Full notes and 3 MCQs ›

Science & Technology

15. Ramjet Artillery Shells: Army to Deploy 155 mm Rounds

India's Army is set to be the first armed force worldwide to operationally field ramjet-powered 155 mm shells.
A ramjet has no moving parts and uses atmospheric oxygen instead of carrying an oxidiser.
The gun launch gives the shell the speed at which the ramjet becomes efficient.

Full notes and 3 MCQs ›

Defence & Security

16. ICGS Samudra Pratap: First Indigenous Pollution Control Vessel

Samudra Pratap is the Indian Coast Guard's first indigenously designed and built pollution control vessel.
Defence Minister Rajnath Singh commissioned it in Goa.
Roles: marine pollution control, maritime law enforcement, search and rescue, and guarding the Exclusive Economic Zone.
Sheikh Mohammed bin Rashid Al Maktoum completed 20 years as UAE Prime Minister.

Full notes and 3 MCQs ›

Test yourself

15 questions from the news of 4 & 5 January 2026, with answers and explanations.