Current Affairs 27 April 2026 | Daily GK Update for UPSC SSC Banking

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

Table of Contents

🏛️ National News

🔷 IRFC to Provide ₹13,615 Crore Loan for Telangana’s Hyderabad Metro Takeover

Indian Railway Finance Corporation (IRFC) will provide a ₹13,615 crore loan to the Telangana government for taking over the Hyderabad Metro Rail project.

Key Facts:

Loan amount: ₹13,615 crore
Borrower: Telangana Government
Purpose: Acquire 100% equity stake (Phase 1) in Hyderabad Metro Rail
Current owner: L&T Metro Rail Hyderabad
Represents a major state government takeover of a private metro project

About IRFC:

Detail	Information
Full Name	Indian Railway Finance Corporation
Type	Public Sector Undertaking (PSU)
Under	Ministry of Railways
Purpose	Raise funds for Indian Railways
HQ	New Delhi

💡 Exam Tip:

IRFC = Financial arm of Indian Railways — raises debt from markets

L&T = Larsen & Toubro — India’s largest engineering conglomerate

Hyderabad Metro = One of India’s largest metro networks

Telangana CM = Revanth Reddy | Capital = Hyderabad

Important for UPSC GS3 (Infrastructure), SSC, and Banking exams

🔷 CCIC Launches ‘Soul Threads’ Heritage Collection Showcasing India’s Artisanal Excellence

Central Cottage Industries Corporation of India (CCIC) launched its first heritage designer collection “Soul Threads” under the Ministry of Textiles.

Key Facts:

Collection name: “Soul Threads”
Under: Ministry of Textiles
Exhibition dates: April 24 to May 10, 2026
Venue: CCIC’s flagship showroom at Jawahar Vyapar Bhawan
Features: Sarees, designer wear, jewellery, and home furnishings
Blends: Traditional Indian textile heritage with modern aesthetics
Highlighted through a fashion show at the inaugural event

💡 Exam Tip:

CCIC = Central Cottage Industries Corporation of India — under Ministry of Textiles

Promotes India’s artisanal and handicraft heritage

Jawahar Vyapar Bhawan is located in New Delhi

Ministry of Textiles = Giriraj Singh

Important for SSC CGL, Banking, and Cultural GK questions

🌍 International News

🔷 IFC Targets $10 Billion Annual Investment in India by 2030

The International Finance Corporation (IFC) — the private-sector arm of the World Bank Group — aims to increase its annual investments in India to $10 billion by 2030.

Key Facts:

Current annual investment in India: ~$5.4 billion (FY 2024–25)
Target by 2030: $10 billion annually
Planned expansion: ~85% increase from current levels
Focus: Private sector development in India

World Bank Group — Complete Structure:

Institution	Full Name	Focus
IBRD	International Bank for Reconstruction and Development	Loans to middle-income countries
IDA	International Development Association	Loans to low-income countries
IFC	International Finance Corporation	Private sector financing
MIGA	Multilateral Investment Guarantee Agency	Investment guarantees
ICSID	International Centre for Settlement of Investment Disputes	Dispute resolution

About World Bank:

Detail	Information
Founded	4 July 1944
Headquarters	Washington D.C.
President	Ajay Banga (14th President)
Member Countries	189 (Nauru = 189th)

💡 Exam Tip:

IFC = Private sector arm of World Bank — very different from World Bank itself

Ajay Banga = 14th President of World Bank — Indian-American

World Bank Group has 5 institutions — remember IBRD, IDA, IFC, MIGA, ICSID

Bretton Woods Institutions = World Bank + IMF (both established 1944)

This is one of the most asked topics in IBPS PO, SBI PO, RBI Grade B exams

🏦 Banking & Financial News

🔷 EXIM Bank Extends $100 Million Loan to Africa Finance Corporation

Export-Import Bank of India (EXIM Bank) extended a $100 million (~₹830 crore) loan to the Africa Finance Corporation (AFC).

Key Facts:

Loan amount: $100 million (~₹830 crore)
Recipient: Africa Finance Corporation (AFC)
Purpose: Support critical infrastructure and industrial projects across Africa
Strengthens India–Africa economic cooperation

About EXIM Bank:

Detail	Information
Full Name	Export-Import Bank of India
Established	1982
Headquarters	Mumbai
Under	Ministry of Finance
Purpose	Finance India’s international trade and investment

💡 Exam Tip:

EXIM Bank = Export-Import Bank of India — established in 1982

HQ = Mumbai | Promotes India’s exports and foreign investments

AFC = Africa Finance Corporation — promotes infrastructure in Africa

India–Africa relations are important for UPSC GS2 (International Relations)

Important for IBPS PO, SBI PO, RBI Grade B exams

🔷 RBI Imposes ₹41.8 Lakh Penalty on Bandhan Bank for KYC Violations

The Reserve Bank of India (RBI) imposed a penalty of ₹41.8 lakh on Bandhan Bank for non-compliance with regulatory norms.

Key Facts:

Penalty amount: ₹41.8 lakh
Bank penalised: Bandhan Bank
Violations:
- Failed to review risk categorisation of accounts
- Sanctioning loans related to directors — violating RBI directives
- KYC (Know Your Customer) guideline violations

About Bandhan Bank:

Detail	Information
Founded	2015
Headquarters	Kolkata, West Bengal
MD & CEO	Partha Pratim Sengupta
Type	Private Sector Bank

💡 Exam Tip:

KYC = Know Your Customer — mandatory process for customer identity verification

Bandhan Bank was originally a microfinance institution before becoming a bank in 2015

RBI penalty ≠ Bank closure — it is a regulatory fine for non-compliance

Important for IBPS, SBI, RBI Grade B banking awareness sections

🔷 RBI Imposes ₹80,000 Penalty on Muthoot Housing Finance

The RBI imposed a penalty of ₹80,000 on Muthoot Housing Finance Company for non-compliance with regulatory guidelines.

Key Facts:

Penalty: ₹80,000
Company: Muthoot Housing Finance
Violation: Fair Practice Code — ensures transparency and fairness in lending
Fair Practice Code = RBI guidelines for transparent lending practices by NBFCs/HFCs

💡 Exam Tip:

Muthoot Group = Kerala-based financial conglomerate — famous for gold loans

HFC = Housing Finance Company — regulated by NHB (National Housing Bank)

Fair Practice Code = RBI’s framework ensuring fair treatment of borrowers

NHB = National Housing Bank — subsidiary of RBI

Important for IBPS, SBI, RBI Grade B exams

👤 Appointments News

🔷 Nitu Sarma Appointed Interim CEO of Noida International Airport

Nitu Sarma has been appointed as the Interim CEO of Noida International Airport, replacing Christoph Schnellmann.

Key Facts:

New Interim CEO: Nitu Sarma
Previous role: Chief Financial Officer (CFO) of the airport
Replaced: Christoph Schnellmann (served as CEO since August 2020)
Reason for change: Permission issues for foreign national (Schnellmann)
Schnellmann’s new role: Executive Vice Chairman on the Board of Directors
Process: Nitu Sarma leads until formal CEO selection is completed

💡 Exam Tip:

Noida International Airport = Located at Jewar, Gautam Buddh Nagar, Uttar Pradesh

Also known as Jewar Airport

Being developed by: Yamuna International Airport Private Limited (YIAPL)

Will be one of India’s largest airports when completed

Important for SSC, Banking, and Infrastructure GK questions

🏆 Awards News

🔷 Alcaraz and Sabalenka Named Laureus Sports Persons of the Year; PSG Wins Best Team

Carlos Alcaraz and Aryna Sabalenka were named Sportsman and Sportswoman of the Year at the Laureus World Sports Awards 2026 held in Madrid.

Complete Laureus World Sports Awards 2026:

Award Category	Winner
🏆 World Sportsman of the Year	Carlos Alcaraz (Tennis, Spain)
🏆 World Sportswoman of the Year	Aryna Sabalenka (Tennis, Belarus)
🏆 World Team of the Year	Paris Saint-Germain (PSG)
🏆 Breakthrough of the Year	Lando Norris (F1, UK)
🏆 Comeback of the Year	Rory McIlroy (Golf, Northern Ireland)
🏆 Sportsperson with a Disability	Gabriel Araújo (Brazil)
🏆 Action Sportsperson of the Year	Chloe Kim (Snowboard, USA)
🏆 Young Sportsperson of the Year	Lamine Yamal (Football, Spain)
🏆 Sporting Inspiration Award	Toni Kroos (Football, Germany)
🏆 Lifetime Achievement Award	Nadia Comăneci (Gymnastics, Romania)
🏆 Sport for Good Award	Fútbol Más

Key Highlights:

PSG won Team of Year after securing first UEFA Champions League title in 2024–25
Nadia Comăneci = Famous for scoring first perfect 10.0 in Olympic gymnastics history
Lamine Yamal = Spain’s teenage football sensation
Lando Norris = Formula 1 driver from McLaren

💡 Exam Tip:

Laureus World Sports Awards = Annual sports awards — often called “Oscars of Sports”

Held in Madrid, Spain in 2026

Carlos Alcaraz = World No. 1 tennis player from Spain — also Infosys brand ambassador

Aryna Sabalenka = World No. 1 women’s tennis player from Belarus

Nadia Comăneci = Romanian gymnast — first perfect 10 at 1976 Montreal Olympics

PSG = Paris Saint-Germain — French football club

Laureus Awards are frequently asked in SSC CGL, IBPS PO, Banking, and UPSC exams

⚽ Sports News

🔷 India Selected by FIFA for Women’s Development Programme 2026

India has been selected among 12 nations by FIFA for the Women’s Development Programme (Commercial Strategy 2026) to boost women’s football.

Key Facts:

India selected among 12 nations globally
Programme: FIFA Women’s Development Programme (Commercial Strategy 2026)
Benefits: Customised training and guidance to stakeholders
Goal: Strengthen women’s football development in India
Significant step for India’s football ecosystem

💡 Exam Tip:

FIFA = Fédération Internationale de Football Association

HQ: Zürich, Switzerland | President: Gianni Infantino

FIFA World Cup 2026 = USA, Canada, Mexico (3-nation hosting)

AIFF = All India Football Federation — governs football in India

India’s FIFA ranking is around 100+

Important for SSC CGL, Banking, and Sports GK sections

🚀 Science & Technology News

🔷 DRDO Hands Over AI-Based ‘Prajna’ System to Boost Internal Security

DRDO handed over the indigenous AI-based satellite imaging system ‘Prajna’ to the Ministry of Home Affairs.

Key Facts:

System name: ‘Prajna’
Developed by: DRDO’s CAIR (Centre for Artificial Intelligence and Robotics)
Handed to: Ministry of Home Affairs
Capabilities:
- Real-time decision-making for security agencies
- Monitoring of sensitive areas
- Supporting counter-terrorism operations
Prajna = Sanskrit word meaning “Wisdom/Intelligence”

Additional DRDO Achievement:

DRDO + Indian Navy successfully tested Air Droppable Container (ADC-150)
Capability: Delivering 150 kg payload to assist naval operations and emergency support at sea

💡 Exam Tip:

DRDO = Defence Research and Development Organisation — under Ministry of Defence

CAIR = Centre for Artificial Intelligence and Robotics — DRDO lab in Bengaluru

Prajna = AI-based satellite imaging = Boost to internal security

ADC-150 = Air Droppable Container — 150 kg payload for naval use

DRDO Chairman = Dr. Samir V. Kamat

Important for UPSC GS3 (Defence + Technology), SSC, NDA/CDS exams

🔷 NASA Unveils Nancy Grace Roman Space Telescope to Explore Exoplanets and Map the Universe

NASA unveiled the Nancy Grace Roman Space Telescope — a next-generation observatory for deep space exploration.

Key Facts:

Named after: Astronomer Nancy Grace Roman — NASA’s first Chief of Astronomy
Purpose:
- Study exoplanets
- Explore dark matter and dark energy
- Map billions of galaxies, stars, and cosmic structures
Expected to discover: Tens of thousands of exoplanets
Estimated project cost: Over $4 billion

Space Telescopes — Quick Comparison:

Telescope	Organisation	Specialty
Hubble	NASA	Visible light, UV observations
James Webb	NASA/ESA	Infrared, deep universe
Nancy Grace Roman	NASA	Exoplanets, dark energy, wide-field survey
Chandra	NASA	X-ray astronomy

💡 Exam Tip:

Nancy Grace Roman = Known as “Mother of Hubble” for her role in space telescope development

Exoplanet = Planet outside our Solar System

Dark Energy drives the accelerating expansion of the universe

James Webb Space Telescope (JWST) = Currently most powerful space telescope

Important for UPSC Prelims (Science & Tech), SSC, and Banking exams

🛡️ Defence News

🔷 INS Nireekshak Visits Sri Lanka for Joint Naval Training

INS Nireekshak arrived at Colombo, Sri Lanka for an operational turnaround and training visit to strengthen India–Sri Lanka maritime cooperation.

Key Facts:

Ship: INS Nireekshak
Type: Diving Support and Submarine Rescue Vessel
Port visited: Colombo, Sri Lanka
Purpose:
- Operational turnaround
- Joint naval training
- Strengthen India–Sri Lanka maritime cooperation
Specialties: Underwater operations, salvage missions, specialised naval diving tasks

💡 Exam Tip:

INS Nireekshak = Specialised submarine rescue vessel of Indian Navy

Colombo = Capital and largest city of Sri Lanka

Sri Lanka CM = Harini Amarasuriya | President = Anura Kumara Dissanayake

India’s Neighbourhood First Policy prioritises Sri Lanka

Important for UPSC GS2 (International Relations), NDA/CDS exams

📅 Important Days

🔷 24 April — National Panchayati Raj Day

Detail	Information
Date	24th April (Every year)
Theme 2026	“Sashakt Panchayat, Sarvangeen Vikas” (Empowered Panchayats, Holistic Development)
Significance	Marks implementation of 73rd Constitutional Amendment Act, 1992
Purpose	Promote grassroots democracy and local self-governance
Focus	Role of Panchayati Raj Institutions (PRIs) in rural development

💡 Exam Tip:

73rd Constitutional Amendment Act, 1992 = Gave constitutional status to Panchayati Raj

Added Part IX and 11th Schedule to Indian Constitution

11th Schedule = 29 subjects under Panchayati Raj

Minimum age for Panchayat elections = 21 years

74th Amendment = Urban Local Bodies (Municipalities)

12th Schedule = 18 subjects under Municipalities

One of the most important polity topics for UPSC, SSC, and all State PCS exams

🔷 24 April — World Day for Animals in Laboratories

Detail	Information
Date	24th April
Purpose	Raise awareness about use of animals in scientific research
Advocacy	Humane treatment of laboratory animals
Goal	Promote alternatives to animal testing and ethical practices

💡 Exam Tip: World Day for Animals in Laboratories = 24 April. Related to animal rights and ethical science. Important for Environment and Ethics sections of UPSC.

🔷 19 April — World Liver Day

Detail	Information
Date	19th April
Theme 2026	“Solid Habits, Strong Liver”
Purpose	Raise awareness about liver health and liver diseases
Focus	Early diagnosis, prevention, and healthy lifestyle for liver protection

💡 Exam Tip:

Liver = Largest internal organ of human body

World Liver Day = 19 April every year

Theme 2026 = “Solid Habits, Strong Liver”

Common liver diseases: Hepatitis A, B, C, Cirrhosis, Fatty Liver

Important for Health GK in SSC and Banking exams

⚡ Quick Revision Table

Topic	Key Fact
IRFC Hyderabad Metro	₹13,615 crore loan, Telangana Govt, 100% stake from L&T Metro
CCIC Soul Threads	First heritage collection, Ministry of Textiles, April 24-May 10, Jawahar Vyapar Bhawan
IFC India Investment	Target $10 billion/year by 2030, currently $5.4 billion, World Bank private arm
World Bank Group	5 institutions: IBRD, IDA, IFC, MIGA, ICSID, Founded 1944, President Ajay Banga
EXIM Bank + AFC	$100 million loan, Africa Finance Corporation, infrastructure in Africa
Bandhan Bank Penalty	RBI penalty ₹41.8 lakh, KYC violations, risk categorisation failure
Muthoot Housing Finance	RBI penalty ₹80,000, Fair Practice Code violation
Nitu Sarma	Interim CEO, Noida International Airport (Jewar), Ex-CFO
Laureus Sportsman 2026	Carlos Alcaraz (Tennis, Spain)
Laureus Sportswoman 2026	Aryna Sabalenka (Tennis, Belarus)
Laureus Team 2026	Paris Saint-Germain (PSG) — First UCL title
Laureus Lifetime Achievement	Nadia Comăneci — First perfect 10.0 in Olympic gymnastics
Laureus Young Sportsperson	Lamine Yamal (Football, Spain)
FIFA Women’s Programme	India among 12 nations, Women’s Development Programme 2026
DRDO Prajna System	AI-based satellite imaging, CAIR, Ministry of Home Affairs, internal security
ADC-150	Air Droppable Container, 150 kg payload, DRDO + Indian Navy
Nancy Grace Roman Telescope	NASA, Exoplanets + Dark Energy, $4 billion, named after NASA’s first Chief Astronomer
INS Nireekshak	Colombo Sri Lanka, Diving Support + Submarine Rescue Vessel
National Panchayati Raj Day	24 April, 73rd Amendment 1992, Theme: Sashakt Panchayat Sarvangeen Vikas
World Liver Day	19 April, Theme: Solid Habits Strong Liver

🎯 Practice MCQs — 27th April 2026

Q1. IRFC will provide how much loan to Telangana government for Hyderabad Metro takeover?

(a) ₹10,500 Crore
(b) ₹11,800 Crore
(c) ₹13,615 Crore ✅
(d) ₹15,200 Crore

Q2. IFC aims to increase its annual investment in India to how much by 2030?

(a) $5 Billion
(b) $7 Billion
(c) $8 Billion
(d) $10 Billion ✅

Q3. Carlos Alcaraz and Aryna Sabalenka won the Laureus World Sports Awards 2026 held in which city?

(a) Paris
(b) Madrid ✅
(c) London
(d) Zurich

Q4. Which team won the Laureus World Team of the Year 2026?

(a) Real Madrid
(b) Manchester City
(c) Paris Saint-Germain ✅
(d) Bayern Munich

Q5. DRDO’s AI-based satellite imaging system handed to Ministry of Home Affairs is named?

(a) Shakti
(b) Drishti
(c) Prajna ✅
(d) Arjun

Q6. National Panchayati Raj Day observed on 24 April marks the implementation of which Constitutional Amendment?

(a) 42nd Amendment Act
(b) 61st Amendment Act
(c) 73rd Amendment Act ✅
(d) 74th Amendment Act

Q7. The Nancy Grace Roman Space Telescope is developed by which space agency?

(a) ESA
(b) ISRO
(c) JAXA
(d) NASA ✅

Q8. INS Nireekshak is what type of naval vessel?

(a) Aircraft Carrier
(b) Destroyer
(c) Diving Support and Submarine Rescue Vessel ✅
(d) Offshore Patrol Vessel

Q9. The Laureus Lifetime Achievement Award 2026 was given to which legendary sportsperson?

(a) Michael Phelps
(b) Usain Bolt
(c) Nadia Comăneci ✅
(d) Steffi Graf

Q10. World Liver Day 2026 theme is?

(a) Live Healthy, Love Your Liver
(b) Solid Habits, Strong Liver ✅
(c) Know Your Liver, Save Your Life
(d) Healthy Liver, Happy Life

📊 Answer Key

Q No.	Answer
Q1	(c) ₹13,615 Crore
Q2	(d) $10 Billion
Q3	(b) Madrid
Q4	(c) Paris Saint-Germain
Q5	(c) Prajna
Q6	(c) 73rd Amendment Act
Q7	(d) NASA
Q8	(c) Diving Support and Submarine Rescue Vessel
Q9	(c) Nadia Comăneci
Q10	(b) Solid Habits, Strong Liver