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Daily Current Affairs: 22 April 2026

Current affairs of 22 April 2026: India-Africa Forum Summit 2026: Fourth IAFS Agenda; Samriddh Gram: BharatNet Service Model Nominated for WSIS Prize; 3D glass chip packaging plant in Bhubaneswar: India’s first, explained, and 12 more topics. Key facts for every exam, with a quiz.

15 TOPICSDaily CurrentAffairs22 April 2026In focus: India-Africa Forum Summit 2026: Fourth…safalsetu.com

National Affairs

Government Schemes

Banking & Finance

Economy

4. Rupee Slips 28 Paise to 93.44 Against US Dollar

  • The rupee dropped 28 paise on Tuesday to settle at 93.44 against the US dollar despite a rally in domestic stocks.
  • Causes: West Asia uncertainty and crude prices, a steady US Dollar, and RBI's partial rollback of emergency curbs.
  • RBI had capped speculative bets on 1 April; it partly lifted the curbs on Monday, easing activity in NDF markets.
  • An NDF is a forex derivative settled in a reserve currency like USD, not by delivering rupees.
Full notes and 3 MCQs ›
Banking & Finance

5. Bandhan Mutual Fund Allows Gold, Silver ETFs in Equity Schemes

  • Bandhan Mutual Fund used SEBI's expanded guidelines to add gold and silver exposure to its Smallcap, Flexicap and Aggressive Hybrid funds.
  • These schemes may put up to 10% of the portfolio into gold and silver ETFs.
  • The allocation is optional, giving managers room to hedge volatility or ride commodity rallies.
  • For Smallcap and Flexicap, equity must be 65-100%, debt or cash 0-35%, InvITs up to 10%.
Full notes and 3 MCQs ›
Banking & Finance

7. RBI E-Mandate Rules Widened to Cross-Border Recurring Payments

  • RBI's e-mandate framework now explicitly covers cross-border recurring payments by cards, UPI and PPIs.
  • Creating, changing or withdrawing an e-mandate needs additional factor authentication, and customers can opt out any time.
  • AFA-free limits: ₹15,000 per transaction, ₹1 lakh for card bills, insurance premiums and mutual fund instalments.
  • Customers must get a notice at least 24 hours before each debit.
Full notes and 3 MCQs ›

International Affairs

International Relations

9. India-Africa Forum Summit 2026: Fourth IAFS Agenda

  • New Delhi will host the Fourth India-Africa Forum Summit in late May 2026, more than a decade after the third in 2015.
  • Since 2018 India opened 16 new missions in Africa, taking its presence to 45 countries.
  • Africa now seeks FDI, especially in critical minerals and infrastructure, rather than Lines of Credit.
  • IIT Madras Zanzibar campus is cited as a key example of India's education outreach.
Full notes and 3 MCQs ›

Science & Technology

Science & Technology

11. GM Mosquitoes Block Malaria Parasites in Tanzania Study

  • A Tanzania study showed genetically modified mosquitoes can block malaria parasites from real human infections, not just in laboratories.
  • Anopheles gambiae was given antimicrobial molecules from frogs (magainins) and honeybees (melittin).
  • It is the first gene-drive compatible strain made on African soil by African scientists.
  • Gene drives use CRISPR-Cas9 to push inheritance above 90%, versus the usual 50%.
Full notes and 3 MCQs ›

Reports & Indexes

Economy

14. UNESCAP 2026 Survey: India Growth 6.4% in FY27

  • UNESCAP's Economic and Social Survey of Asia and the Pacific 2026 projects India's growth slowing from 7.4% in FY26 to 6.4% in FY27.
  • Inflation is projected to rise from 2.3% in FY26 to 4.4% in FY27, within the RBI's 2%-6% band.
  • Growth is seen recovering to 6.6% in FY28 on domestic consumption and services.
  • UNESCAP's FY27 estimate is below RBI and ADB (6.9% each) and World Bank (6.6%).
Full notes and 3 MCQs ›

Awards & Persons

Test yourself

15 questions from the news of 22 April 2026, with answers and explanations.

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