🇮🇳 DAILY DOSE CURRENT AFFAIRS – 29 AUGUST 2026

Important Current Affairs for UPSC, SSC, Banking, Railway, Defence, JPSC, JSSC, BPSC & Other Competitive Exams

Date: 29 August 2026

🔥 TODAY’S TOP CURRENT AFFAIRS

1. 🇮🇳 India’s Forex Reserves Touch Record High of $729.33 Billion

India’s foreign exchange reserves reached a record $729.33 billion as of 21 August 2026, according to the latest Reserve Bank of India data.

The sharp rise was supported by strong capital inflows, including increased foreign-currency deposits by NRIs. The latest weekly increase was about $12.4 billion.

Exam Point:

• Foreign exchange reserves: $729.33 billion
• Institution responsible for managing India’s forex reserves: RBI
• Major components include foreign currency assets, gold, SDRs and reserve tranche position.

2. 🏭 India’s Industrial Production Grows 6.7% in July 2026

India’s Index of Industrial Production (IIP) recorded a growth of 6.7% in July 2026.

The IIP is an important indicator of industrial activity in sectors such as mining, manufacturing and electricity.

Exam Point:

• IIP stands for Index of Industrial Production
• It is released by the National Statistical Office (NSO)
• The NSO functions under the Ministry of Statistics and Programme Implementation (MoSPI).

3. ☀️ Aditya-L1 Detects Early Signals Linked to Solar Flares

Scientists using India’s solar mission Aditya-L1 have identified small and short-lived brightening events on the Sun that could provide clues about processes occurring before solar flares.

The findings are significant because understanding solar activity can improve knowledge of space weather, which can affect satellites, communication systems and other space-based infrastructure.

Exam Point:

• Mission: Aditya-L1
• Organisation: ISRO
• Main target: Sun
• Location: Lagrange Point L1
• Major objective: Study the Sun and solar atmosphere.

4. 🛡️ India to Acquire Javelin Anti-Tank Missile Systems from the USA

India and the United States have moved forward with an agreement for the Indian Army to procure Javelin anti-tank missile systems.

The Javelin is a man-portable anti-armour missile system designed to engage armoured targets.

The development highlights the continuing expansion of India-US defence cooperation.

Exam Point:

• Missile: Javelin
• Category: Anti-tank guided missile
• Country of origin: United States
• User: Indian Army
• Significance: Strengthening anti-armour capability.

5. 🇳🇵 Nepal Flood Disaster: India Steps Up Rescue and Assistance

A devastating flood and landslide disaster near the Nepal-Tibet border has caused extensive destruction.

Several Indians were among those affected, and India has been coordinating assistance and evacuation efforts. External Affairs Minister S. Jaishankar also received rescued Indian pilgrims.

The disaster has highlighted the growing concerns surrounding Himalayan hazards, extreme weather and glacial instability.

Exam Connection:

Nepal shares an open-border relationship with India.

Himalayan disasters are closely associated with floods, landslides, glacial lake outburst floods and changing climatic conditions.

🇮🇳 NATIONAL CURRENT AFFAIRS

6. 🏦 Three New Directors Appointed to RBI Central Board

The Government has appointed Annie George Mathew, Janmejaya Kumar Sinha and Syed Akbaruddin as part-time, non-official directors on the Central Board of the Reserve Bank of India.

Their tenure is for four years.

Remember:

Annie George Mathew – public finance background

Janmejaya Kumar Sinha – economist and management consultant

Syed Akbaruddin – former Indian diplomat and former Permanent Representative of India to the UN

Exam Question:

Under which law is the RBI Central Board constituted?

Answer: Reserve Bank of India Act, 1934.

7. 💳 Pradhan Mantri Jan-Dhan Yojana Completes 12 Years

The Pradhan Mantri Jan-Dhan Yojana (PMJDY) has completed 12 years since its launch on 28 August 2014.

The scheme was introduced to expand access to banking and financial services, particularly among people who were outside the formal banking system.

Key Features:

Basic bank accounts

Financial inclusion

RuPay debit card

Access to government benefit transfers

Support for wider financial literacy

Exam Point:

PMJDY was launched on 28 August 2014.

8. 🛺 PARIVARTAN Scheme Gains Momentum

The PARIVARTAN Scheme, launched in July 2026, has registered more than 1,300 beneficiaries across Delhi-NCR.

The programme involves banks/NBFCs and automobile manufacturers and is aimed at supporting a transition towards cleaner and more sustainable mobility.

As of 27 August, more than 40 banks/NBFCs and several automobile manufacturers were onboard.

9. 🧪 DRI Seizes 76 Kg Methamphetamine Tablets

The Directorate of Revenue Intelligence (DRI) has seized around 76 kg of methamphetamine tablets in two operations along India’s north-eastern frontier.

The action forms part of efforts to combat cross-border narcotics trafficking.

Exam Point:

DRI = Directorate of Revenue Intelligence

Works under the Department of Revenue, Ministry of Finance

Focuses on combating smuggling and customs-related economic offences.

💰 ECONOMY & BANKING

10. 📈 Indian Stock Market Ends Week With Third Consecutive Weekly Loss

On 28 August 2026:

Nifty 50: 24,175.65

Sensex: 77,264.51

Both indices gained on Friday, but recorded their third consecutive weekly decline.

Market sentiment was influenced by global interest-rate concerns, crude oil movements and uncertainty surrounding the US Federal Reserve.

🛡️ DEFENCE & SECURITY

11. 🇮🇳 India-Kuwait Hold First Joint Defence Committee Meeting

India and Kuwait held their inaugural Joint Defence Committee meeting in New Delhi.

The meeting reflects the strengthening of defence and security cooperation between the two countries.

Exam Point:

India – Kuwait relations

Defence cooperation

Gulf region

Indian diaspora and strategic relations with West Asia

🔬 SCIENCE & TECHNOLOGY

12. 🚀 ISRO Prepares for GISAT-1A Mission

The Indian Space Research Organisation is preparing for the launch of GISAT-1A, with the launch expected in September 2026.

The satellite is intended to provide high-resolution and continuous observation capabilities useful for strategic and civilian applications.

Exam Point:

Organisation: ISRO

Country: India

Field: Earth observation / remote sensing

Launch site: Sriharikota

🌱 ENVIRONMENT & CLIMATE

13. 🏔️ Himalayan Disasters Highlight Climate and Glacial Risks

The recent Nepal disaster has again brought attention to the vulnerability of the Himalayan region.

For competitive examinations, students should revise:

Glacial Lake Outburst Floods (GLOFs)

Landslides

Cloudbursts

Glacier retreat

Himalayan ecology

Climate change

Disaster management

Prelims Tip:

A GLOF occurs when water stored in a glacial lake is suddenly released, producing a potentially destructive flood.

🏛️ JHARKHAND CURRENT AFFAIRS

14. 📢 JPSC-JSSC Aspirants’ Protest Remains a Major State Issue

The agitation by JPSC and JSSC aspirants in Jharkhand continues to remain an important state-level issue.

Aspirants have raised concerns related to examination procedures, recruitment delays and alleged irregularities. The protests have become significant for students preparing for JPSC and JSSC examinations.

JPSC/JSSC Exam Point:

JPSC = Jharkhand Public Service Commission

JSSC = Jharkhand Staff Selection Commission

Capital of Jharkhand = Ranchi

The JPSC’s official website continues to carry recruitment notices, including updates concerning the Jharkhand Combined Civil Services Examination-2025. 

15. 🤖 Jharkhand Artificial Intelligence Policy 2026

Jharkhand has been working on its Artificial Intelligence Policy, 2026, aimed at promoting responsible use of AI and strengthening technology-driven development.

The state government portal lists the Draft Jharkhand Artificial Intelligence Policy, 2026.

Exam Point:

State: Jharkhand

Capital: Ranchi

Important sectors for AI: governance, education, healthcare, agriculture and public services.

🟢 BIHAR CURRENT AFFAIRS

16. 👩‍🏫 Bihar Teacher Aspirants’ Protest Ends After Government Assurance

Bihar’s teacher aspirants ended a prolonged hunger strike after the state government accepted key demands.

One major change concerns the Teacher Recruitment Examination, which is to be conducted in a single phase, with the earlier preliminary and mains structure being removed.

This development is important for Bihar government-job aspirants.

17. 🎓 Bihar Announces Women-Only University

Bihar Chief Minister Samrat Choudhary announced plans to establish a women-only university in the state.

The proposed institution is intended to strengthen opportunities for women in higher education and research.

Exam Connection:

State: Bihar

Capital: Patna

Current Chief Minister: Samrat Choudhary

🏅 IMPORTANT DAY – 29 AUGUST

🏑 National Sports Day 2026

29 August is observed as National Sports Day in India every year.

The day marks the birth anniversary of legendary Indian hockey player Major Dhyan Chand.

In 2026, the National Sports Day celebrations include the campaign:

“Ek Ghanta Khel Ke Maidan Mein”

The programme is being organised at Major Dhyan Chand National Stadium, New Delhi.

Exam Point:

National Sports Day: 29 August

Birth anniversary: Major Dhyan Chand

Sport: Hockey

Major Dhyan Chand National Stadium: New Delhi

🌍 INTERNATIONAL CURRENT AFFAIRS

18. 🇮🇷 Iran Rejects New US Sanctions

Iran has criticised new US sanctions and urged other countries not to support the measures.

At the same time, diplomatic efforts involving countries including Qatar and Pakistan have focused on efforts related to the reopening of the Strait of Hormuz, a crucial route for global energy transportation.

Exam Point:

Strait of Hormuz

Persian Gulf

Global oil supply

West Asian geopolitics

19. 🇮🇸 Iceland to Hold Referendum on EU Membership Talks

Iceland is scheduled to hold a referendum on 29 August 2026 concerning whether the country should reopen negotiations related to European Union membership.

Exam Point:

Country: Iceland

Capital: Reykjavik

Currency: Icelandic króna

Continent: Europe

🧠 STATIC GK CONNECTION

RBI

Established: 1 April 1935

Nationalised: 1 January 1949

Headquarters: Mumbai

Central bank of India

ISRO

Established: 1969

Headquarters: Bengaluru

Department: Department of Space

Major Dhyan Chand

Famous sport: Hockey

National Sports Day: 29 August

Major Dhyan Chand National Stadium: New Delhi

IIP

Full Form: Index of Industrial Production

Released by: NSO

Ministry: MoSPI

⚡ ONE-LINER CURRENT AFFAIRS

India’s forex reserves reached a record $729.33 billion.

India’s IIP grew by 6.7% in July 2026.

Aditya-L1 detected early brightening events associated with solar activity.

India is set to acquire Javelin anti-tank missile systems from the US.

Annie George Mathew, Janmejaya Kumar Sinha and Syed Akbaruddin joined the RBI Central Board.

PM Jan-Dhan Yojana completed 12 years on 28 August 2026.

National Sports Day is observed on 29 August.

National Sports Day commemorates Major Dhyan Chand.

The 2026 National Sports Day campaign is “Ek Ghanta Khel Ke Maidan Mein.”

The inaugural India-Kuwait Joint Defence Committee meeting was held in New Delhi.

ISRO is preparing for the GISAT-1A mission.

Bihar announced a women-only university.

Bihar teacher aspirants ended their hunger strike following government assurances.

Jharkhand’s AI Policy 2026 is currently an important state policy development.

The JPSC-JSSC recruitment issue remains a major topic among Jharkhand aspirants.

📝 DAILY DOSE MCQs – 29 AUGUST 2026

Q1. What was India’s foreign exchange reserve level reported for 21 August 2026?

A. $689.33 billion

B. $709.33 billion

C. $729.33 billion

D. $749.33 billion

Answer: C. $729.33 billion

Q2. Aditya-L1 is primarily a mission to study which celestial body?

A. Moon

B. Mars

C. Sun

D. Venus

Answer: C. Sun

Q3. National Sports Day in India is observed on:

A. 15 August

B. 29 August

C. 5 September

D. 2 October

Answer: B. 29 August

Q4. National Sports Day commemorates the birth anniversary of:

A. Milkha Singh

B. Major Dhyan Chand

C. Balbir Singh Sr.

D. Kapil Dev

Answer: B. Major Dhyan Chand

Q5. IIP stands for:

A. Indian Industrial Programme

B. Index of Industrial Production

C. Industrial Investment Programme

D. Indian Infrastructure Production

Answer: B. Index of Industrial Production

Q6. Which organisation operates the Aditya-L1 mission?

A. DRDO

B. ISRO

C. CSIR

D. HAL

Answer: B. ISRO

Q7. Javelin is primarily a:

A. Surface-to-air missile

B. Anti-tank missile

C. Ballistic missile

D. Cruise missile

Answer: B. Anti-tank missile

Q8. The headquarters of RBI is located in:

A. New Delhi

B. Kolkata

C. Mumbai

D. Bengaluru

Answer: C. Mumbai

Q9. Which three people were recently appointed as part-time, non-official directors on the RBI Central Board?

A. Annie George Mathew, Janmejaya Kumar Sinha and Syed Akbaruddin

B. Anand Mahindra, S. Somanath and Ajit Doval

C. Poonam Gupta, Sanjay Malhotra and Syed Akbaruddin

D. S. Jaishankar, Annie George Mathew and Janmejaya Kumar Sinha

Answer: A. Annie George Mathew, Janmejaya Kumar Sinha and Syed Akbaruddin

Q10. Jharkhand’s capital is:

A. Jamshedpur

B. Dhanbad

C. Bokaro

D. Ranchi

Answer: D. Ranchi

🎯 QUICK REVISION BOX

29 August 2026 – Remember These 10 Facts

👉 Forex Reserves – $729.33 billion

👉 IIP Growth – 6.7%

👉 Solar Mission – Aditya-L1

👉 Anti-Tank Missile – Javelin

👉 National Sports Day – 29 August

👉 Sports Legend – Major Dhyan Chand

👉 RBI New Directors – Mathew, Sinha & Akbaruddin

👉 India-Kuwait – First Joint Defence Committee Meeting

👉 Jharkhand – AI Policy 2026

👉 Bihar – Single-phase Teacher Recruitment Examination