📰 Current Affairs Today – 16th April 2026 | Daily GK Update

16th April 2026 | Daily GK Update

TheExamHub.in | By Ishan Verma


🎯 Your trusted destination for exam-ready current affairs for UPSC, CGPSC, SSC, Banking, Railways & all State Government Exams. Read. Revise. Crack Your Exam!


🏛️ National News


🔷 Labour Ministry Signs MoUs with Porter & Gigin to Boost Jobs via NCS Portal

The Ministry of Labour & Employment signed MoUs with Porter and Gigin Technologies to enhance employment opportunities through the National Career Service (NCS) Portal.

Key Facts:

  • Porter will promote: Large-scale driving and logistics jobs
  • Provides real-time and transparent job access to workers
  • Porter’s employment targets:
    • 6 lakh job opportunities annually
    • 30 lakh opportunities by 2030
  • Focus sector: Logistics and Gig Economy
  • NCS Portal = Government’s digital employment exchange platform

💡 Exam Tip:

  • NCS Portal = National Career Service Portal — launched in 2015
  • Under Ministry of Labour & Employment
  • Gig Economy workers = Platform-based workers (delivery, driving, freelancing)
  • Porter = Logistics startup based in Bengaluru
  • Important for UPSC GS2 (Social Justice), SSC, and Banking exams

🔷 World Bank Releases $340 Million for Amaravati Capital Project in Andhra Pradesh

The World Bank has released $340 million for Phase-I of the Amaravati Capital Development Project in Andhra Pradesh.

Key Facts:

  • Amount released: $340 million (Phase-I)
  • Joint support: World Bank + Asian Development Bank (ADB)
  • Total commitment: $1.6 billion ($800 million each from World Bank and ADB)
  • Government of India contribution: ₹1,400 crore (part of total ₹15,000 crore commitment)
  • Amaravati = Proposed new capital city of Andhra Pradesh

About Andhra Pradesh:

DetailInformation
CapitalAmaravati (proposed)
CMN. Chandrababu Naidu
GovernorS. Abdul Nazeer

💡 Exam Tip:

  • Amaravati is the proposed greenfield capital of Andhra Pradesh
  • World Bank HQ = Washington D.C. | President = Ajay Banga
  • ADB HQ = Manila, Philippines | President = Masato Kanda
  • Andhra Pradesh bifurcated from Telangana in 2014 under AP Reorganisation Act
  • Important for UPSC GS2, SSC, and State PCS exams

🔷 PM Modi Inaugurates ₹12,000 Crore Delhi–Dehradun Economic Corridor

Prime Minister Narendra Modi inaugurated the Delhi–Dehradun Economic Corridor — a landmark infrastructure project boosting connectivity across three states.

Key Facts:

  • Length: 213 km
  • Type: Six-lane access-controlled expressway
  • Cost: ~₹12,000 crore
  • States connected: Delhi + Uttar Pradesh + Uttarakhand
  • Benefits: Significantly reduced travel time between Delhi and Dehradun
  • Part of India’s Bharatmala Pariyojana highway development programme

💡 Exam Tip:

  • Bharatmala Pariyojana = National highway development programme under Ministry of Road Transport & Highways
  • Dehradun = Capital of Uttarakhand
  • CM Uttarakhand = Pushkar Singh Dhami
  • This corridor reduces Delhi-Dehradun travel time from ~6 hours to ~2.5 hours
  • Important for UPSC GS3 (Infrastructure), SSC CGL, and State PCS

🔷 Birkbeck, University of London Gets UGC Nod to Set Up Bengaluru Campus

Birkbeck, University of London received a Letter of Intent from the University Grants Commission (UGC) to set up its global campus in Bengaluru.

Key Facts:

  • Approval from: UGC (University Grants Commission)
  • Campus location: Bengaluru, Karnataka
  • Key benefit: Indian students can pursue University of London degrees in India at ~60% lower cost
  • Improves access to international education within India

💡 Exam Tip:

  • UGC = University Grants Commission — established under UGC Act, 1956
  • HQ: New Delhi
  • This is part of India’s National Education Policy (NEP) 2020 vision of allowing foreign universities in India
  • NEP 2020 allows top foreign universities to set up campuses in India
  • Important for UPSC GS2 (Education), SSC, and Banking exams

🔷 Dr. Ambedkar Foundation Celebrates 136th Birth Anniversary of Dr. B.R. Ambedkar

The Dr. Ambedkar Foundation organised the 136th Birth Anniversary celebration of Dr. B.R. Ambedkar on April 14, 2026 at Prerna Sthal, Parliament House, New Delhi.

Key Facts:

  • Organised under: Ministry of Social Justice & Empowerment
  • Ambedkar Jayanti = 14th April (every year)
  • Dr. Ambedkar is honoured as:
    • Social Reformer
    • Jurist and Economist
    • Principal Architect of the Indian Constitution
    • Champion of Social Justice, Equality, and Democracy

💡 Exam Tip:

  • Dr. B.R. Ambedkar born: 14 April 1891 in Mhow, Madhya Pradesh
  • He was India’s first Law Minister
  • Chairman of Drafting Committee of Indian Constitution
  • Received Bharat Ratna posthumously in 1990
  • Converted to Buddhism on 14 October 1956 at Nagpur
  • One of the most important personalities for UPSC, SSC, and all competitive exams

🌍 International News


🔷 Seattle Becomes First US City to Install Swami Vivekananda Statue at Westlake Square

Seattle became the first city government in the United States to host a life-size statue of Swami Vivekananda at Westlake Square Park.

Key Facts:

  • Statue type: Bronze statue (life-size)
  • Unveiled by: Seattle Mayor Katie Wilson + Consul General of India
  • Location: Westlake Square Park, Downtown Seattle
  • Footfall: Over 4 lakh daily visitors
  • Nearby landmarks: Amazon HQ (Spheres) and Seattle Convention Center
  • Marks a significant cultural and diplomatic milestone

💡 Exam Tip:

  • Swami Vivekananda born: 12 January 1863 (observed as National Youth Day)
  • Famous Chicago Speech at Parliament of World Religions (1893)
  • Founded Ramakrishna Mission in 1897
  • Guru: Ramakrishna Paramahamsa
  • Seattle is in Washington State, USA
  • Important for UPSC, SSC, and Cultural GK questions

🏦 Banking & Financial News


🔷 Visa & HDFC Bank Launch FIFA World Cup 2026 Pixel Credit Card

Visa and HDFC Bank launched a limited-edition FIFA World Cup 2026 Pixel Credit Card along with a “Spend & Win” campaign.

Key Facts:

  • Card: FIFA World Cup 2026 Pixel Credit Card
  • Variant of: Pixel Play digital credit card
  • Available via: PayZapp app and HDFC Bank website
  • Launched in: Mumbai
  • Special guest at launch: Former footballer Michael Owen
  • Campaign covers: Credit, Debit, Business, and Forex cards
  • Rewards: Match tickets, staycations, merchandise, shopping vouchers

💡 Exam Tip:

  • FIFA World Cup 2026 will be hosted by USA, Canada, and Mexico — first time 3 nations co-host
  • HDFC Bank HQ = Mumbai | MD & CEO = Sashidhar Jagdishan
  • Visa HQ = San Francisco, USA
  • Michael Owen = Former England footballer
  • Important for Banking + Sports GK in competitive exams

🔷 RBI Returns Ujjivan SFB’s Application to Convert into Universal Bank

The Reserve Bank of India (RBI) returned the application of Ujjivan Small Finance Bank (SFB) seeking conversion into a universal bank.

Key Facts:

  • AU Small Finance Bank had already received RBI approval to become a universal bank
  • Ujjivan SFB’s application was returned (not rejected — can reapply)

RBI Eligibility Criteria for SFB to Universal Bank Conversion:

CriteriaRequirement
Scheduled StatusMust have scheduled status with satisfactory track record for 5+ years
Stock Exchange ListingShares must be listed on recognised stock exchange
Minimum Net Worth₹1,000 crore (as per last audited quarter)
CRARMust comply with prescribed CRAR norms
Net ProfitMust have reported net profit in last 2 financial years
Asset QualityGNPA ≤ 3% and NNPA ≤ 1% over last 2 financial years

💡 Exam Tip:

  • GNPA = Gross Non-Performing Assets
  • NNPA = Net Non-Performing Assets
  • CRAR = Capital to Risk-weighted Assets Ratio
  • AU Small Finance Bank = First SFB to get universal bank approval
  • Ujjivan SFB HQ = Bengaluru
  • Extremely important for RBI Grade B, IBPS PO, SBI PO exams

🔷 NSE Gets MCA Approval for ‘National Coal Exchange of India’ Name

The National Stock Exchange (NSE) received approval from the Ministry of Corporate Affairs (MCA) to reserve the name “National Coal Exchange of India Limited” for its proposed coal exchange venture.

Key Facts:

  • Approval: Only for company name reservation (not operational clearance)
  • NSE plans: Wholly owned subsidiary with investment of up to ₹100 crore
  • NSE stake: 60% | Remaining 40% offered to other shareholders
  • First-of-its-kind dedicated coal trading exchange in India

💡 Exam Tip:

  • NSE = National Stock Exchange | HQ = Mumbai | MD & CEO = Ashishkumar Chauhan
  • MCA = Ministry of Corporate Affairs — governs company registration in India
  • SEBI regulates stock exchanges in India
  • Important for IBPS, SBI, RBI Grade B exams

🔷 IMF Raises India’s Growth Forecast to 6.5% for FY 2026–27

The International Monetary Fund (IMF) raised India’s GDP growth forecast to 6.5% for FY 2026–27 — an upward revision of 30 basis points in its latest World Economic Outlook.

Key Facts:

  • FY 2026–27 forecast: 6.5% (up by 30 basis points)
  • FY 2025–26 estimate: 7.6% (strong performance)
  • FY 2027–28: Expected to remain at 6.5% (sustained momentum)
  • Report: World Economic Outlook

Updated Master GDP Projections Table:

OrganisationFY26 ForecastFY27 Forecast
IMF7.6%6.5%
ADB7.6%6.9%
World Bank7.6%6.6%
RBI6.9%
Fitch7.5%6.7%
S&P Global7.6%7.1%
CRISIL7.1%
Moody’s6.8%
ICRA7.6%6.5%
Morgan Stanley6.2%
OECD6.1%

💡 Exam Tip:

  • IMF HQ = Washington D.C. | MD = Kristalina Georgieva
  • World Economic Outlook = IMF’s flagship publication (released twice yearly)
  • IMF FY27 = 6.5% | World Bank FY27 = 6.6% | ADB FY27 = 6.9%
  • 1 basis point = 0.01% | 30 basis points = 0.30%
  • This table is a guaranteed question in IBPS PO, SBI PO, RBI Grade B exams

🔷 RBI Cancels Licence of National Urban Cooperative Bank, Pratapgarh

The Reserve Bank of India (RBI) cancelled the licence of National Urban Cooperative Bank Ltd, Pratapgarh.

Key Facts:

  • Bank prohibited from all banking activities including accepting and repaying deposits
  • Depositor protection: Up to ₹25 lakh from DICGC

⚠️ Important Note for Exam:

  • Shirpur Merchants Co-operative Bank (cancelled earlier) = ₹5 lakh DICGC cover
  • National Urban Cooperative Bank, Pratapgarh = ₹25 lakh DICGC cover
  • The DICGC coverage amount can vary — read carefully in exam questions
  • DICGC = Deposit Insurance and Credit Guarantee Corporation — subsidiary of RBI

🔷 PPFAS Asset Management Gets PFRDA Approval to Sponsor Pension Fund Under NPS

PPFAS Asset Management received approval from PFRDA to act as a sponsor for a pension fund under the National Pension System (NPS).

Key Facts:

  • Will set up a separate pension fund entity to manage NPS subscribers’ retirement savings
  • PPFAS = Part of Parag Parikh Financial Advisory Services Ltd.
  • Established: 2011 | HQ: Mumbai

💡 Exam Tip:

  • PFRDA = Pension Fund Regulatory and Development Authority
  • Established under PFRDA Act, 2013 | HQ = New Delhi
  • NPS = National Pension System — open to all Indian citizens (18–70 years)
  • Important for IBPS, SBI, RBI Grade B, and UPSC exams

👤 Appointments News


🔷 Iraq Elects Kurdish Leader Nizar Amedi as New President

Nizar Amedi has been elected as the new President of Iraq by parliament following the November elections.

Key Facts:

  • Former Environment Minister of Iraq
  • Led the political office of Patriotic Union of Kurdistan (PUK) in Baghdad since 2024
  • Represents Kurdish leadership in Iraq’s highest office

About Iraq:

DetailInformation
CapitalBaghdad
CurrencyIraqi Dinar
PresidentNizar Amedi (New)

🔷 Djibouti President Ismail Omar Guelleh Re-elected for Sixth Term

Ismail Omar Guelleh has been re-elected for a sixth term with 97.81% of the vote in Djibouti’s presidential election.

Key Facts:

  • In power since: 1999
  • Ruled for over two decades
  • Succeeded his uncle Hassan Gouled Aptidon
  • Djibouti is strategically located at the Horn of Africa near the Gulf of Aden

💡 Exam Tip: Djibouti is strategically important — hosts military bases of USA, France, China, and Japan. Important for UPSC GS2 (International Relations) questions.

Newly Appointed World Leaders (Quick Reference):

PositionLeader
President of IraqNizar Amedi
President of VietnamTo Lam
President of MyanmarMin Aung Hlaing
Prime Minister of MongoliaUchral Nyam-Osor
PM of NepalBalen Shah (Nepal’s Youngest PM)

🚀 Science & Technology News


🔷 Artemis II Returns Successfully — First Crewed Lunar Mission in 50 Years

Artemis II successfully returned to Earth with a splashdown in the Pacific Ocean, marking the first crewed lunar mission in over 50 years since the Apollo Programme.

Key Facts:

  • Splashdown: Pacific Ocean
  • Crew members:
    • Reid Wiseman (Commander)
    • Victor Glover
    • Christina Koch
    • Jeremy Hansen (Canadian astronaut)
  • Spacecraft: Orion capsule named “Integrity”
  • Launch date: April 1, 2026
  • Mission duration: ~10 days
  • Record distance: 2,52,756 miles (4.07 lakh km) — surpassing Apollo 13
  • Farthest journey by humans from Earth ever recorded

Artemis Programme vs Apollo Programme:

ProgrammeEraGoal
Apollo1961–1972First humans on Moon
Artemis2022–presentReturn humans to Moon + Mars exploration

💡 Exam Tip:

  • Apollo 11 (1969) = First humans on Moon — Neil Armstrong + Buzz Aldrin
  • Apollo 13 (1970) = Previous farthest distance record
  • Artemis II = First crewed lunar mission in 50 years
  • Christina Koch = First woman to travel farthest from Earth
  • Jeremy Hansen = First Canadian on a lunar mission
  • Orion spacecraft = Built by Lockheed Martin
  • NASA Artemis goal = Return to Moon + eventually Mars
  • One of the most important space events for all competitive exams

🛡️ Defence News


🔷 Indian Army Departs for 7th India–Uzbekistan Joint Military Exercise ‘DUSTLIK 2026’

The Indian Army contingent departed for the 7th edition of India–Uzbekistan Joint Military Exercise ‘DUSTLIK 2026’.

Key Facts:

  • Edition: 7th edition
  • Dates: 12–25 April 2026
  • Location: Gurumsaray Training Area, Uzbekistan
  • Previous edition (2025): Held at Aundh (Pune), India
  • Annual bilateral exercise conducted alternately between India and Uzbekistan

Recent Military Exercises — Complete Reference Table:

ExerciseCountriesEditionLocation
DUSTLIK 2026India + Uzbekistan7thGurumsaray, Uzbekistan
VAJRA PRAHARIndia + USA16thBakloh, Himachal Pradesh
Dharma GuardianIndia + Japan7thUttarakhand
KHANJARIndia + Kyrgyzstan13thMisamari, Assam
Agni ParikshaIndian Army + ITBPSigar, Arunachal Pradesh
Cyclone-IVIndia + Egypt4thAnshas, Egypt

💡 Exam Tip:

  • DUSTLIK = India–Uzbekistan exercise
  • VAJRA PRAHAR = India–USA Special Forces exercise
  • Dharma Guardian = India–Japan exercise
  • KHANJAR = India–Kyrgyzstan exercise
  • Shakti = India–France | Indra = India–Russia
  • Military exercises table is asked in almost every SSC, Banking, UPSC, and State PCS exam

⚡ Quick Revision Table


TopicKey Fact
Labour Ministry MoUsPorter + Gigin, NCS Portal, 6 lakh jobs/year, 30 lakh by 2030
Amaravati ProjectWorld Bank $340 mn, ADB+WB = $1.6 bn total, AP capital
Delhi-Dehradun Corridor213 km, 6-lane, ₹12,000 Cr, Delhi+UP+Uttarakhand
Birkbeck UniversityUGC Letter of Intent, Bengaluru campus, 60% lower cost
Dr. Ambedkar Jayanti14 April, 136th Birth Anniversary, Parliament House
Swami Vivekananda StatueSeattle, First US city, Westlake Square, Bronze statue
FIFA Pixel Credit CardVisa + HDFC Bank, FIFA WC 2026, Spend & Win
Ujjivan SFBRBI returned application for universal bank conversion
NSE Coal ExchangeMCA approval for name, ₹100 Cr investment, 60% NSE stake
IMF India FY276.5%, up 30 bps, World Economic Outlook
National Urban Cooperative BankRBI cancelled licence, Pratapgarh, ₹25 lakh DICGC
PPFAS + PFRDANPS pension fund approval, Mumbai, est. 2011
Nizar AmediNew President of Iraq, Kurdish leader, Baghdad
Ismail Omar GuellehDjibouti President, 6th term, 97.81%, since 1999
Artemis IISplashdown Pacific, 4.07 lakh km record, Orion “Integrity”, 10 days
DUSTLIK 2026India-Uzbekistan, 7th edition, Gurumsaray, April 12-25

🎯 Practice MCQs — 16th April 2026


Q1. The Delhi–Dehradun Economic Corridor inaugurated by PM Modi is how many kilometres long?

  • (a) 165 km
  • (b) 190 km
  • (c) 213 km ✅
  • (d) 245 km

Q2. Which organisation released $340 million for the Amaravati Capital Development Project?

  • (a) IMF
  • (b) ADB
  • (c) World Bank ✅
  • (d) AIIB

Q3. IMF raised India’s GDP growth forecast for FY 2026–27 to which percentage?

  • (a) 6.2%
  • (b) 6.3%
  • (c) 6.6%
  • (d) 6.5% ✅

Q4. Seattle installed a life-size bronze statue of which Indian personality at Westlake Square?

  • (a) Mahatma Gandhi
  • (b) Swami Vivekananda ✅
  • (c) Dr. B.R. Ambedkar
  • (d) Rabindranath Tagore

Q5. What is the name of the Orion spacecraft used in the Artemis II mission?

  • (a) Unity
  • (b) Endurance
  • (c) Integrity ✅
  • (d) Discovery

Q6. India–Uzbekistan Joint Military Exercise ‘DUSTLIK 2026’ is which edition?

  • (a) 5th Edition
  • (b) 6th Edition
  • (c) 7th Edition ✅
  • (d) 8th Edition

Q7. Amul is managed by which parent cooperative body?

  • (a) NDDB
  • (b) GCMMF ✅
  • (c) NAFED
  • (d) NCDC

Q8. Which bank received RBI approval to convert into a Universal Bank?

  • (a) Ujjivan Small Finance Bank
  • (b) Equitas Small Finance Bank
  • (c) AU Small Finance Bank ✅
  • (d) ESAF Small Finance Bank

Q9. Nizar Amedi has been elected as the President of which country?

  • (a) Iran
  • (b) Jordan
  • (c) Syria
  • (d) Iraq ✅

Q10. Under NPS, PPFAS Asset Management received approval from which regulatory body?

  • (a) SEBI
  • (b) IRDAI
  • (c) RBI
  • (d) PFRDA ✅

📊 Answer Key

Q No.Answer
Q1(c) 213 km
Q2(c) World Bank
Q3(d) 6.5%
Q4(b) Swami Vivekananda
Q5(c) Integrity
Q6(c) 7th Edition
Q7(b) GCMMF
Q8(c) AU Small Finance Bank
Q9(d) Iraq
Q10(d) PFRDA

📢 Editor’s Note

✍️ By Ishan Verma | TheExamHub.in

“Today’s current affairs is tomorrow’s exam question. Never miss a day!”

Today was a power-packed edition — from Artemis II’s historic return to Amul’s ₹1 lakh crore milestone, from India’s new expressway to IMF’s updated GDP forecast. Every single story here has the potential to appear in your next exam!

A special tribute to Dr. B.R. Ambedkar on his 136th Jayanti — the man who gave us our Constitution and fought for equality all his life. 🙏

At TheExamHub.in, we bring you the best exam-focused current affairs every single day — completely FREE. Bookmark this page, attempt the daily quiz, and share with every aspirant you know!

📲 Stay Updated | Stay Ahead | Crack Your Exam!

— Ishan Verma | TheExamHub.in

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