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SBI Clerk Mains GA Capsule 2025: Latest Updates & Important Topics PDF

The SBI Clerk Mains Exam 2025 is expected to be conducted in April 2025, and the General Awareness (GA) section plays a crucial role in determining candidates’ overall performance. This section covers current affairs, banking awareness, and static GK, making it an essential part of the exam preparation.

To help candidates maximize their scores, we have compiled a comprehensive GA Capsule PDF covering all major topics required for the SBI Clerk Mains 2025.

Why is the GA Capsule Important for SBI Clerk Mains 2025?

The General Awareness section is one of the most scoring parts of the SBI Clerk Mains Exam. Unlike quantitative aptitude or reasoning, this section does not require calculations, allowing aspirants to answer questions quickly and accurately. A well-prepared candidate can boost their overall score significantly with proper GA preparation.

SBI Clerk Mains GA Capsule 2025 – Download PDF

To assist candidates in their SBI Clerk Mains 2025 preparation, we are providing a free downloadable PDF covering all the important General Awareness topics.

Download SBI Clerk General Awareness PDF (Part-1 and 2): Click Here

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Topics Covered in the SBI Clerk Mains GA Capsule 2025

  • UNION BUDGET 2025-26
  • Economic Survey 2024-25
  • Padma Awards
  • Republic Day Parade 2025
  • RBI Monetary Policy- February 2025
  • Golden Globe Awards
  • 8th Pay Commission

How to Use the GA Capsule Effectively?

  • Revise Regularly: Read the PDF daily to stay updated with important events.
  • Make Notes: Write down key points for quick revision before the exam.
  • Attempt Quizzes: Solve daily quizzes on current affairs to strengthen your knowledge.
  • Focus on Banking & Economy: Since SBI Clerk is a banking exam, prioritize banking and financial awareness.
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States and Capitals – How Many States in India?

India, a vast South Asian nation and the world’s seventh-largest by land area, is divided into 28 states and 8 union territories, each with its own capital. These states and territories are further segmented into districts. New Delhi, situated in the National Capital Territory of Delhi, serves as India’s administrative, political, and cultural hub.

The states and capitals of India weave a rich and diverse tapestry, reflecting the country’s deep cultural heritage, traditions, and innovations. Exploring these regions offers a fascinating journey through time, blending ancient legacies with modern advancements, tradition with contemporary influence, and showcasing India’s remarkable unity in diversity.

States and Capitals

In 1956, India reorganized its states according to linguistic demographics. Today, the country consists of 28 states and 8 Union Territories, home to nearly 400 cities. Among these, eight major metropolitan cities—Kolkata, Mumbai, New Delhi, Chennai, Hyderabad, Bangalore, Ahmedabad, and Pune—are prominent. The Prime Minister has introduced a plan to develop 100 smart cities across the nation, with Indore being recognized as the Smart City for four consecutive years. Discover India’s dynamic urban landscape and its focus on modernization.

How many states in India?

India is the 7th largest country in the world by land area and the 2nd most populated. The country is divided into states and union territories so that the government can function properly. Below is a list of all 28 states, their capitals and the year they were formed.

S.NO State Capital CM Governor
1 Andhra Pradesh Amaravati Sri Nara Chandrababu Naidu S. Abdul Nazer
2 Arunachal Pradesh Itanagar Pema Khandu Kaiwalya Trivikram Parnaik
3 Assam Dispur Himanta Biswa Sarma Lakshman Prasad Acharya
4 Bihar Patna Nitish Kumar Arif Mohammed Khan
5 Chhattisgarh Raipur Vishnu Deo Sai Ramen Deka
6 Goa Panaji Pramod Sawant P.S. Sreedharan Pillai
7 Gujarat Gandhinagar Bhupendra Patel Acharya Dev Vrat
8 Haryana Chandigarh Nayab Singh Saini Bandaru Dattatraya
9 Himachal Pradesh Shimla Sukhvinder Singh Sukhu Shiv Pratap Shukla
10 Jharkhand Ranchi Hemant Soren Santosh Kumar Gangwar
11 Karnataka Bengaluru Siddaramaiah Thaawarchand Gehlot
12 Kerala Thiruvananthapuram Pinarayi Vijayan Rajendra Vishwanath Arlekar
13 Madhya Pradesh Bhopal Mohan Yadav Mangubhai Chhaganbhai Patel
14 Maharashtra Mumbai Devendra Fadnavis C.P. Radhakrishnan
15 Manipur Imphal N. Biren Singh
Ajay Kumar Bhalla
16 Meghalaya Shillong Conrad Kongkal Sangma
C H Vijayashankar
17 Mizoram Aizawl Lalduhoma General (Dr.) Vijay Kumar Singh, PVSM, AVSM, YSM (Retd.)
18 Nagaland Kohima Neiphiu Rio
La. Ganesan
19 Odisha Bhubaneswar Mohan Charan Majhi
Dr. Hari Babu Kambhampati
20 Punjab Chandigarh Bhagwant Singh Mann Gulab Chand Kataria
21 Rajasthan Jaipur Bhajan Lal Sharma Haribhau Kisanrao Bagde
22 Sikkim Gangtok PS Golay Om Prakash Mathur
23 Tamil Nadu Chennai M. K. Stalin R. N. Ravi
24 Telangana Hyderabad Anumula Revanth Reddy Jishnu Dev Varma
25 Tripura Agartala Dr. Manik Saha Indra Sena Reddy Nallu
26 Uttar Pradesh Lucknow Yogi Aditya Nath Anandiben Patel
27 Uttarakhand Dehradun Pushkar Singh Dhami Lt. Gen. Gurmit Singh
28 West Bengal Kolkata Mamata Banerjee Dr. C.V. Ananda Bose

Union Territories of India and Their Capitals

India has 8 union territories that are managed by the central government. Some of them have their own legislative assemblies. Below is the of these union territories and their capitals:

S.NO Union Territories Capital CM Lt. Governor
1 Andaman and Nicobar Island Port Blair NA D K Joshi
2 Chandigarh Chandigarh NA Banwarilal Purohit
3 Dadra and Nagar Haveli and Daman and Diu Daman NA Praful Patel
4 Delhi Delhi Rekha Gupta Vinai Kumar Saxena
5 Ladakh NA NA B. D. Mishra
6 Lakshadweep Kavaratti NA Praful Patel
7 Jammu and Kashmir NA Omar Abdullah Manoj Sinha
8 Puducherry Pondicherry N. Rangaswamy C. P. Radhakrishnan

Difference Between States and Union Territories

India is divided into states and Union Territories for administrative purposes. They are in different in how they are governed.

Basis of Difference States Union Territories
Head of Administration Governor Administrator or Lieutenant Governor
Government Type Elected by the People Managed by the central government
Powers Shares power with the central government. Controlled directly by the central government.

Indian States and their Languages

India is a country with a rich and diverse linguistic heritage. There are over 121 languages spoken in India, and each state has its unique linguistic landscape. The Indian Constitution recognizes 22 languages as “scheduled languages,” which are given special status in government and education.

S. No. States Language
1 Andhra Pradesh Telugu and Urdu
2 Arunachal Pradesh Miji, Apotanji, Merdukpen, Tagin, Adi, Honpa, Banging-Nishi
3 Assam Assamese
4 Bihar Hindi
5 Chhattisgarh Hindi
6 Goa Marathi Konkani
7 Gujarat Gujarati
8 Haryana Hindi
9 Himachal Pradesh Hindi and Pahari
10 Jharkhand Hindi
11 Karnataka Kannada
12 Kerala Malayalam
13 Madhya Pradesh Hindi
14 Maharashtra Marathi
15 Manipur Manipuri
16 Meghalaya Khashi, Jaintia, And Garo
17 Mizoram Mizo and English
18 Nagaland Ao, Konyak, Angami, Sema, and Lotha
19 Odisha Oriya
20 Punjab Punjabi
21 Rajasthan Rajasthani and Hindi
22 Sikkim Bhutia, Hindi, Nepali, Lepcha, Limbu
23 Tamil Nadu Tamil
24 Telangana Telugu
25 Tripura Bengali, Tripuri, Manipuri, Kakborak
26 Uttar Pradesh Hindi
27 Uttarakhand Hindi
28 West Bengal Bengali

Some Key Facts About Indian States

Each state in India is unique and has something special. Here are some interesting facts about a few states:

  • Andhra Pradesh: Famous for spicy food and historical sites like Charminar.
  • Assam: Know for tea gardens and Kaziranga National Park, home to the one-horned rhinoceros.
  • Bihar: A place with a rich history, home to Bodh Gaya and the ancient city of Pataliputra.
  • Goa: Popular for beautiful beaches and a lively nightlife.
  • Kerala: Famous for its backwaters, Ayurveda treatments and lush green nature.
  • Maharashtra: Mumbai, the financial capital, is also home to Bollywood.
  • Himachal Pradesh: Known for stunning hill stations and adventure sports.
  • Tamil Nadu: Famous for classical dance forms and grand temples.

From Earth to Orbit: Shubhanshu Shukla’s Journey to the ISS Begins May 29

India is set to mark a historic milestone in its space journey as Group Captain Shubhanshu Shukla will be the first Indian astronaut to fly to the International Space Station (ISS) and the first Indian to enter space in over 40 years. He will serve as the pilot of Axiom Mission 4 (Ax-4), a commercial mission organized by Axiom Space and launched via SpaceX. This mission will also carry out scientific experiments, including seven Indian microgravity research projects, and represents a major step in international collaboration and human spaceflight by India.

Why in the News?

Group Captain Shubhanshu Shukla, an Indian Air Force officer and one of ISRO’s Gaganyaan astronaut-designates, is set to become the first Indian to travel to the International Space Station (ISS) aboard Axiom Mission 4 (Ax-4).

Launch & Crew

  • Scheduled launch: May 29, 2025, no earlier than 1:03 p.m. EDT.
  • Launch site: NASA Kennedy Space Center, Florida (USA).
  • Spacecraft: SpaceX Dragon.
  • Duration: Up to 14 days aboard the International Space Station (ISS).

Crew Members

  • Group Captain Shubhanshu Shukla (India) – Pilot
  • Peggy Whitson (USA) – Commander, former NASA astronaut
  • Sławosz Uznański-Wiśniewski (Poland) – European Space Agency astronaut
  • Tibor Kapu (Hungary) – Payload specialist

Scientific Research & Experiments

  • Mission includes ~60 scientific studies representing 31 countries.

7 Indian microgravity experiments selected by ISRO, involving,

  • Growth of microalgae and cyanobacteria
  • Muscle regeneration in space
  • Sprouting experiments (e.g., green gram/moong, fenugreek)
  • Tardigrade resilience studies
  • Human-computer interaction in space
  • Indian institutions involved: National R&D labs and top academic institutions.
  • Focus on India-centric food research for space sustainability.

Importance for India

Shubhanshu Shukla becomes,

  • The first Indian to go to ISS.
  • The first Indian in space after Rakesh Sharma (1984).
  • Aligns with India’s space ambitions including the Gaganyaan mission.
  • Enhances India’s role in international space collaboration.
Summary/Static Details
Why in the news? From Earth to Orbit: Shubhanshu Shukla’s Journey to the ISS Begins May 29
Mission Name Axiom Mission 4 (Ax-4)
Launch Vehicle SpaceX Dragon
Launch Site Kennedy Space Center, USA
Duration Up to 14 days
Indian Astronaut Group Captain Shubhanshu Shukla
First Indian to ISS? Yes
Other Crew Members Peggy Whitson (USA), Uznański (Poland), Tibor Kapu (Hungary)
Indian Experiments 7 microgravity studies
Key Experiment Focus Food sprouting, muscle regeneration, tardigrades, HCI in space

SBI Clerk Mains GA Capsule 2025: Latest Updates & Important Topics PDF_6.1

IndusInd Bank CEO Sumant Kathpalia Resigns Amid ₹2,000 Crore Derivatives Accounting Lapse

In a major leadership shakeup, Sumant Kathpalia, the Managing Director and Chief Executive Officer (MD & CEO) of IndusInd Bank, has resigned with immediate effect, taking moral responsibility for severe accounting discrepancies in the bank’s derivatives portfolio. The lapses, which were uncovered during an internal investigation and confirmed by external audit firms, have led to a cumulative loss of nearly ₹2,000 crore.

Background of the Resignation

Kathpalia Steps Down Over Moral Responsibility

Kathpalia tendered his resignation on Tuesday, citing “moral responsibility” for “various acts of commission and omission” that came to light following an audit investigation. In his resignation letter, he stated:

This move comes just a day after Deputy CEO Arun Khurana also resigned in connection with the same matter.

Uncovering the Accounting Irregularities

Internal Review and External Audit Findings

The saga began unfolding on March 10, 2025, when IndusInd Bank notified stock exchanges that an internal review had uncovered discrepancies in its derivatives portfolio. Initial assessments estimated a 2.35% adverse impact on net worth as of December 2024.

The bank subsequently engaged PwC (PricewaterhouseCoopers) to validate the estimates and later appointed Grant Thornton, a global audit and advisory firm, to conduct a thorough forensic investigation into the root cause and to examine the roles of key employees.

On April 28, the bank revealed that Grant Thornton’s report identified incorrect accounting of internal derivatives trades, particularly during early termination, as the core issue. These trades had led to the recording of notional profits, which resulted in major accounting distortions. The cumulative negative impact was estimated at ₹1,959.98 crore as of March 31, 2025.

Regulatory and Board-Level Developments

RBI Involvement and Interim Leadership Plan

In light of the CEO’s exit, the bank’s board has approached the Reserve Bank of India (RBI) to approve the formation of a “Committee of Executives (CoE)” that will oversee the CEO’s responsibilities on an interim basis. This temporary arrangement mirrors a similar move made by Tamilnad Mercantile Bank in 2023, which had set up a three-member executive committee during a leadership void.

Significantly, the RBI had extended Kathpalia’s term as MD & CEO by only one year in March 2025, despite the board’s recommendation for a three-year term. This was the second consecutive year where the central bank had limited his tenure. During an analyst call, Kathpalia had acknowledged that discrepancies in the derivatives portfolio might have played a role in the RBI’s cautious stance.

Kathpalia’s Tenure and Contributions

Rapid Growth Despite Challenges

Appointed as MD & CEO in March 2020, Kathpalia succeeded Romesh Sobti, who had led IndusInd Bank for over a decade. Before becoming CEO, Kathpalia headed the consumer banking division and played a crucial role in diversifying the bank’s retail loan book.

During his four-year leadership:

  • The loan book grew from ₹2.06 trillion to ₹3.66 trillion
  • The deposit base expanded from ₹2.02 trillion to ₹4.09 trillion
  • The net worth rose from ₹34,387 crore to ₹67,106 crore

Despite these strong numbers, accounting integrity issues have clouded his legacy.

The Fallout and Financial Repercussions

Confirmed Losses and Market Impact

According to PwC’s report submitted earlier in April 2025, the discrepancies in derivative trades were confirmed, with a negative impact of ₹1,979 crore as of June 30, 2024. The post-tax effect was estimated at 2.27% of net worth for December 2024, when the bank’s net worth stood at ₹65,102 crore.

These revelations have significantly dented investor confidence and placed corporate governance at the forefront of concerns for both regulators and shareholders.

Kathpalia’s Career and Banking Experience

A chartered accountant by training, Kathpalia has worked with global banks like Citibank and Bank of America. He joined IndusInd Bank in 2008 alongside Romesh Sobti, helping to build a strong retail and consumer finance franchise. His strategic focus on expanding the consumer loans portfolio and reducing concentration risks had been widely appreciated until the recent setbacks.

SBI Clerk Mains GA Capsule 2025: Latest Updates & Important Topics PDF_8.1

President Appoints Justice Gavai As 52nd CJI Of India

Justice B.R. Gavai, currently a Supreme Court judge, has been appointed the next Chief Justice of India. He will be the second person from the Scheduled Caste (SC) community to hold this prestigious post after Justice K.G. Balakrishnan. His tenure will last for a little over six months, until November 23, 2025, when he reaches the retirement age of 65 years.

Why in the News?

On April 30, 2025, President Droupadi Murmu appointed Justice Bhushan Ramkrishna Gavai as the 52nd Chief Justice of India (CJI). He will take oath on May 14, 2025, succeeding Justice Sanjiv Khanna.

Appointment & Oath

  • Appointed by President Droupadi Murmu on April 30, 2025.
  • Will take oath as 52nd CJI on May 14, 2025.
  • Will serve till November 23, 2025.

Community Representation

  • Second Scheduled Caste (SC) judge to become CJI.
  • The first was Justice K.G. Balakrishnan.

Notable Verdicts & Contributions

  • Part of 5-judge bench that upheld abrogation of Article 370.
  • Participated in annulment of the Electoral Bonds Scheme.
  • Supported demonetisation verdict (2016) in a 4:1 majority.
  • Part of 7-judge bench that allowed sub-classification within SCs for reservations.
  • Delivered a landmark ruling: No demolition without a prior show-cause notice and a 15-day response period.
  • Leads the bench handling environmental matters like forests and wildlife.

Judicial Career Timeline

  • Joined Bar: March 16, 1985.
  • Additional Judge, Bombay HC: Nov 14, 2003.
  • Permanent Judge, Bombay HC: Nov 12, 2005.
  • Elevated to Supreme Court: May 24, 2019.

Appointment Procedure (As per MoP)

  • Law Minister consults outgoing CJI.
  • Seniority plays a key role in selection.
Summary/Static Details
Why in the news? President Appoints Justice Gavai As 52nd CJI Of India
Appointed As 52nd Chief Justice of India
Appointed By President Droupadi Murmu
Takes Office On May 14, 2025
Retirement Date November 23, 2025
Community Milestone 2nd CJI from Scheduled Caste
Major Verdicts Article 370, Electoral Bonds, Demonetisation
Landmark Judgments Demolition law, SC sub-classification

SBI Clerk Mains GA Capsule 2025: Latest Updates & Important Topics PDF_10.1

Dadasaheb Phalke Birth Anniversary, Father of Indian Cinema

On April 30, 2025, India celebrates the 155th birth anniversary of Dhundiraj Govind Phalke, famously known as Dadasaheb Phalke. Hailed as the Father of Indian Cinema, Phalke’s pioneering journey began in an era when filmmaking was virtually unknown in India. Through his vision, persistence, and courage, he created India’s first full-length feature film—Raja Harishchandra (1913)—and laid the foundation for one of the world’s largest film industries.

Early Life and Inspiration

Born in 1860 in Trimbak, Maharashtra, Dadasaheb Phalke had a deep interest in arts and photography from a young age. He trained at the Sir J.J. School of Art in Bombay (now Mumbai) and later explored various disciplines, including painting, printing, and theater.

Phalke’s life changed dramatically in 1910 when he watched the silent film The Life of Christ. The visuals moved him profoundly, and he envisioned bringing Indian mythological stories to the big screen in a similar cinematic language. That vision planted the seed for what would become India’s first cinematic milestone.

A Risky Mission to Learn Filmmaking

At the time, cinema was dominated by the West, and the concept was alien to Indian audiences. Realizing he needed the technical expertise, Phalke traveled to London in 1912—a bold move considering his limited resources and lack of support.

There, he met with film industry experts, studied equipment, and bought essential filming gear, including a camera and reels of raw film. He returned to India not just with tools, but with the knowledge and confidence to begin his groundbreaking journey in filmmaking.

The Making of Raja Harishchandra: A Journey Against All Odds

Creating Raja Harishchandra was far from easy. Phalke faced numerous social, financial, and logistical challenges, but he remained undeterred.

Financial Hardships

With no investors willing to support such a new venture, Phalke mortgaged his insurance policies and even sold his wife Saraswati’s jewelry to fund the film. His personal sacrifices underscore his unwavering commitment to his vision.

Societal Taboos and Casting Challenges

In 1913, acting was considered taboo in India, especially for women. No woman was willing to act on screen, forcing Phalke to cast male actors in female roles. The role of Queen Taramati was played by a young man named Anna Salunke, who was working as a waiter at the time.

Phalke had to train his actors from scratch, often facing resistance and mockery from conservative circles. Despite this, his crew remained motivated by his passion and storytelling abilities.

Raja Harishchandra (1913): India’s First Feature Film

After months of struggle, Raja Harishchandra premiered on May 3, 1913, at the Coronation Cinematograph in Bombay. It was a silent, black-and-white film based on the legendary story of King Harishchandra, a symbol of truth and sacrifice in Hindu mythology.

The audience was enthralled. The film’s success was not just commercial—it marked the birth of Indian cinema. For the first time, Indians saw their mythology and cultural identity reflected on the big screen.

Phalke’s Lasting Impact on Indian Cinema

After the success of Raja Harishchandra, Phalke made over 90 films and 26 short features during his career. His work laid the technical and narrative groundwork for Indian filmmakers. He introduced camera tricks, elaborate set designs, and editing techniques far ahead of his time.

In 1969, the Government of India instituted the Dadasaheb Phalke Award, the highest recognition in Indian cinema, to honor individuals for their lifetime contributions to Indian film.

Modern Tributes and Celebrations

To honor his legacy, the 15th Dadasaheb Phalke Film Festival is being held on April 30, 2025, in Delhi NCR. The festival celebrates cinematic excellence and serves as an inspiration for new generations of filmmakers.

SBI Clerk Mains GA Capsule 2025: Latest Updates & Important Topics PDF_12.1

Amazon Launched Satellite for Project Kuiper Broadband Internet

Amazon has initiated the deployment of its ambitious $10 billion Project Kuiper, launching its first batch of 27 satellites aimed at providing global broadband connectivity, especially to remote and rural areas. This launch marks the beginning of Amazon’s challenge to SpaceX’s Starlink, which already has over 8,000 satellites in orbit and millions of users worldwide.

Why in News?

On April 28, 2025, Amazon successfully launched the first 27 satellites of its Project Kuiper broadband internet constellation from Cape Canaveral, Florida, marking the company’s official entry into the satellite internet race against SpaceX’s Starlink.

Project Kuiper Launch Details

  • Date of Launch: April 28, 2025
  • Number of Satellites Launched: 27
  • Launch Vehicle: Atlas V rocket from United Launch Alliance (ULA)
  • Launch Site: Cape Canaveral Space Force Station, Florida
  • Goal: To deploy 3,236 satellites in Low Earth Orbit (LEO)

Purpose and Vision

  • Deliver broadband internet to underserved, rural, and remote areas globally
  • Compete with SpaceX’s Starlink and traditional telecom companies (AT&T, T-Mobile)
  • Support consumers, enterprises, and governments through cloud connectivity

Deployment Timeline & Deadlines

  • FCC mandate: Deploy at least 1,618 satellites by mid-2026
  • Amazon may seek extension due to delayed start
  • Up to 5 more launches expected in 2025

Technology and Equipment

  • User Terminals
  • LP record-sized standard terminal
  • Smaller terminal (Kindle-sized)
  • Cost target: Under $400 per unit
  • Consumer Integration: Designed to work with Amazon Web Services (AWS)

Market & Strategy

  • Starlink currently leads with over 5 million users in 125 countries
  • Amazon sees strong potential with insatiable demand
  • Project Kuiper will also have potential defense applications
Summary/Static Details
Why in the news? Amazon Launched Satellite for Project Kuiper Broadband Internet
Satellites in First Launch 27
Total Planned Satellites 3,236
Launch Vehicle Atlas V (ULA)
Target Market Rural consumers, businesses, governments
Competitor SpaceX Starlink
Initial Services Expected Later in 2025

SBI Clerk Mains GA Capsule 2025: Latest Updates & Important Topics PDF_14.1

Legendary Malayalam Filmmaker Shaji N Karun Passes Away at 73

The Malayalam film industry lost a giant with the passing of Shaji N Karun, one of its most celebrated filmmakers. Known for his groundbreaking contributions to cinema, Karun’s films not only revolutionized Malayalam cinema but also earned international acclaim. His death, coming shortly after being honored with the prestigious J C Daniel Award, marks the end of an era for the industry.

Why in the News?

Shaji N Karun’s death at the age of 73 has sent shockwaves through the film industry. Known for his unique style of filmmaking and commitment to the art, Karun’s films broke boundaries and brought Malayalam cinema to global attention. His untimely death follows just days after receiving the J C Daniel Award, the highest honor for filmmakers in Kerala, a testament to his lifelong contribution to Malayalam cinema.

SBI Clerk Mains GA Capsule 2025: Latest Updates & Important Topics PDF_16.1

Early Life and Career

  • Shaji N Karun, born Shaji Neelakantan Karunakaran, was one of the pioneers of the “new wave” movement in Malayalam cinema. His distinct narrative style, deep humanism, and attention to visual detail set him apart as a director.

First Film – Piravi (1988)

  • Karun’s debut film, Piravi, was a significant milestone in Malayalam cinema. The film, which depicted the emotional journey of a father searching for his missing son, was screened at nearly 70 international film festivals, gaining attention for its subtle yet powerful storytelling.

Swaham (1994)

  • Karun’s second film, Swaham, continued his exploration of complex human emotions and relationships. The film was nominated for the prestigious Palme d’Or at the Cannes Film Festival, showcasing his ability to appeal to international audiences while maintaining the essence of Indian storytelling.

Awards and Recognition

  • Karun’s films earned him numerous accolades, including seven National Film Awards and seven Kerala State Film Awards. His film Kutty Srank won the National Award for Best Feature Film in 2010, further cementing his place as one of India’s leading filmmakers.

Other Honors

  • Shaji N Karun was honored with the Padma Shri, one of India’s highest civilian awards, for his contributions to cinema. Additionally, he was awarded the French honor “Order of Arts and Letters” for his cultural impact.

Leadership Roles

  • Apart from his work as a filmmaker, Karun also served as the chairman of the Kerala State Chalachitra Academy and the Kerala State Film Development Corporation (KSFDC), where he worked to promote and develop the Malayalam film industry.
Summary/Static Details
Why in the news? Legendary Malayalam Filmmaker Shaji N Karun Passes Away at 73
Age at Passing 73 years
Key Film Piravi, Swaham, Vanaprastham, Kutty Srank
International Recognition Films screened at Cannes, nominated for Palme d’Or
Awards 7 National Awards, 7 Kerala State Awards, Padma Shri
Other Honors Order of Arts and Letters (France)
Leadership Roles Chairman, Kerala State Chalachitra Academy & KSFDC

SBI Clerk Mains GA Capsule 2025: Latest Updates & Important Topics PDF_17.1

RBI Directs Banks to Ensure Regular Dispensing of ₹100 and ₹200 Notes

In a move aimed at improving accessibility to frequently used currency denominations, the Reserve Bank of India (RBI) has mandated that banks and White Label ATM Operators (WLAOs) ensure that ATMs dispense ₹100 and ₹200 denomination banknotes on a regular basis. This directive is set to roll out in phases, with specific deadlines for implementation.

Why in the news?

The RBI’s latest directive addresses a common public concern: the availability of smaller denomination notes in ATMs. By ensuring that ₹100 and ₹200 notes are available regularly, the RBI aims to make it more convenient for people to access the most commonly used denominations.

SBI Clerk Mains GA Capsule 2025: Latest Updates & Important Topics PDF_19.1

Objective

  • The primary goal of this directive is to improve public access to ₹100 and ₹200 notes. These denominations are frequently used for everyday transactions, and the RBI wants to ensure that they are available in sufficient quantities across ATMs.

Timeline for Implementation

  • By September 30, 2025: 75% of all ATMs in India should be capable of dispensing either ₹100 or ₹200 denomination notes from at least one cassette.
  • By March 31, 2026: This figure is set to increase to 90%, meaning 90% of ATMs should regularly dispense ₹100 or ₹200 denomination notes from at least one cassette.

Targeting High-Demand Denominations

  • ₹100 and ₹200 notes are among the most commonly used denominations in India. By making them widely available through ATMs, the RBI is addressing a key issue of currency accessibility, especially in areas where people depend on ATMs for quick withdrawals.

Enhanced Public Convenience

  • This move is expected to alleviate the public’s frustration with the lack of smaller denominations in ATMs. People often face difficulties when receiving ₹500 or ₹2,000 notes, which are not as easily accepted for smaller transactions, leading to inconvenience and a reliance on currency exchanges.

Impact on ATM Operators

  • Banks and WLAOs will need to make adjustments to their ATM systems to accommodate the dispensing of ₹100 and ₹200 notes. This will require modifications to cassette systems and perhaps additional investments in infrastructure to meet the RBI’s deadlines.

Public Accessibility and Financial Inclusion

  • By ensuring these denominations are readily available, the RBI also promotes greater financial inclusion. This is particularly beneficial for lower-income groups and in rural areas where people may rely more on ATMs for their cash needs.
Summary/Static Details
Why in the news? RBI Directs Banks to Ensure Regular Dispensing of ₹100 and ₹200 Notes
RBI Directive Ensure ATMs dispense ₹100 and ₹200 regularly
Deadline (Phase 1) 75% of ATMs to dispense ₹100/₹200 by Sept 30, 2025
Deadline (Phase 2) 90% of ATMs to dispense ₹100/₹200 by March 31, 2026
Objective Increase access to commonly used currency denominations
Target Denominations ₹100 and ₹200 notes
Expected Outcome Improved public convenience, greater financial inclusion

SBI Clerk Mains GA Capsule 2025: Latest Updates & Important Topics PDF_20.1

Top Military Spenders of 2024-25: India’s Position in the Global Military Expenditure Race

In 2024-25, the global military expenditure saw a remarkable rise, with nations allocating significant portions of their GDP to defense. Among the largest spenders, India secured its place as the fifth-highest military spender globally, reinforcing its growing strategic defense capabilities. This article delves into the military spending?  of countries in 2024-25, highlighting India’s position and analyzing the trends in global defense expenditure.

Why in the News?

The rising geopolitical tensions, particularly with the ongoing Russia-Ukraine conflict and instability in the Middle East, have driven nations to increase their defense budgets. The Stockholm International Peace Research Institute (SIPRI) report reveals that global military spending reached a staggering $2,718 billion in 2024, marking the steepest rise since the Cold War.

SBI Clerk Mains GA Capsule 2025: Latest Updates & Important Topics PDF_22.1

Detailed Breakdown of Global Military Expenditure in 2024

1. United States

  • As the world’s largest military spender, the U.S. accounted for 37% of global military expenditure in 2024, with a spending of $997 billion. This reflects its ongoing military dominance and strategic investments in defense technologies.

2. China

  • The second-largest spender, China, allocated $314 billion, making up 12% of global defense expenditure. China’s rising military budget is indicative of its expanding geopolitical ambitions, particularly in the Indo-Pacific region.

3. Russia

  • Despite economic challenges, Russia’s military spending reached $149 billion, contributing 5.5% to global military expenditure. The country’s defense budget has grown in response to ongoing conflicts, most notably the war in Ukraine.

4. Germany

  • Germany saw a 28% increase in its defense budget, rising to $88.5 billion, placing it as the fourth-largest spender globally. Its increased military expenditure is attributed to the heightened security concerns in Europe, following Russia’s aggression in Ukraine.

5. India

  • India spent $86.1 billion, placing it as the fifth-largest military spender. India’s defense budget has grown by 1.6% year-on-year, reflecting its need for modernization and preparedness in an increasingly complex security environment. India’s military spending is now nine times larger than that of Pakistan, underscoring the defense disparity between the two nations.

6. United Kingdom

  • With a defense expenditure of $81.8 billion, the UK remains one of the top military spenders. Its budget allocation represents 3% of global military spending.

7. Saudi Arabia

  • Saudi Arabia allocated $80.3 billion to its military in 2024, marking a slight increase despite economic pressures. The country’s spending continues to reflect its strategic concerns, particularly in the context of regional instability.

8. Ukraine

  • Ukraine’s military budget surged to $64.7 billion in 2024, an increase of 34% due to the ongoing war with Russia. This spike is a direct result of the conflict and the urgent need for defense modernization.

9. France

  • France’s defense expenditure remained steady at $64.7 billion, maintaining its position as a major military spender. Its spending represents France’s strategic interests in Europe and Africa.

10. Japan

  • Japan spent $55.3 billion on its military in 2024, marking a significant portion of its GDP. Japan’s defense spending is aligned with its regional security concerns, particularly regarding China’s growing military presence in the Indo-Pacific.

Key Takeaways

India’s Military Spending

  • India ranks fifth globally, with an expenditure of $86.1 billion, reflecting the country’s growing defense capabilities. This is a 1.6% increase compared to 2023, and India accounts for 3.2% of global military expenditure.

Global Trends

  • Global military expenditure saw a sharp rise in 2024, driven by increasing geopolitical tensions, with Europe and the Middle East seeing the largest increases in defense budgets.

Regional Security Concerns

  • Countries like the U.S., China, and Russia continue to dominate military spending, while emerging threats in regions such as Eastern Europe (Ukraine) and the Indo-Pacific have spurred other nations like India and Japan to enhance their defense capabilities.

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RBI Imposes Fines on IOB and Mahindra & Mahindra Financial Services Limited for Non-Compliance

In a recent move to uphold regulatory discipline in the financial sector, the Reserve Bank of India (RBI) has imposed penalties on Indian Overseas Bank (IOB) and Mahindra & Mahindra Financial Services Limited (MMFSL) for violations of its compliance norms. These fines, stemming from RBI’s routine supervisory assessments, aim to reinforce adherence to guidelines related to loan practices, transparency in processing fees, and proper handling of collateral securities.

Why in the News?

The Reserve Bank of India (RBI) has recently imposed monetary fines on two prominent financial entities – Indian Overseas Bank (IOB) and Mahindra & Mahindra Financial Services Limited (MMFSL) – for failing to comply with RBI’s regulations.

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Fine Imposed on Indian Overseas Bank (IOB)

  • Amount of Fine: The RBI fined Indian Overseas Bank (IOB) a total of Rs 63.60 lakh for non-compliance with its directives regarding loans to the Agricultural sector and Micro, Small, and Medium Enterprises (MSMEs).

Key Issues

  • IOB was found to have required collateral security for agricultural loans of up to Rs 1.60 lakh in certain cases, which violates the RBI’s collateral-free loan rule for loans up to Rs 2 lakh (effective from January 2025).
  • The bank also required collateral security for loans up to Rs 10 lakh extended to Micro and Small Enterprise (MSE) borrowers, which contradicts RBI’s guideline that such loans should be collateral-free.

RBI’s Collateral-Free Loan Guidelines

  • Agricultural Loans: The RBI stipulates that agricultural loans up to Rs 2 lakh should be collateral-free, up from the earlier Rs 1.60 lakh.
  • MSME Loans: Similarly, loans up to Rs 10 lakh for MSMEs should not require collateral.

Fine Imposed on Mahindra & Mahindra Financial Services Limited

  • Amount of Fine: Mahindra & Mahindra Financial Services Limited (MMFSL) was fined Rs 71.30 lakh by the RBI for multiple compliance failures.

Key Issues

  • Non-disclosure of Fees
  • Loan Agreement Disclosures
  • Failure to Provide Final Repayment Opportunity
  • Multiple Customer Identification Codes

Regulatory Oversight

  • These fines serve as a reminder of the RBI’s oversight role in ensuring that financial institutions adhere to best practices in transparency, loan disbursements, and customer rights protection.
  • RBI’s audit process involves meticulous checking of whether banks and NBFCs are following the set guidelines to protect consumers and maintain financial system integrity.
Summary/Static Details
Why in the news? RBI Imposes Fines on IOB and Mahindra & Mahindra Financial Services Limited for Non-Compliance
Institution Reason for Fine
Indian Overseas Bank (IOB)  Rs 63.60 lakh for Non-compliance with collateral-free loan guidelines for agricultural loans and MSMEs.
Mahindra & Mahindra Financial Services Limited (MMFSL)  Rs 71.30 lakh for Non-disclosure of processing fees, failure to provide loan details to borrowers, and improper customer IDs.

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River Cities Alliance (RCA) and Urban River Management Plans (URMPs)

Urbanization along riverbanks has historically enabled human settlements to flourish. However, rapid and unplanned urbanization has often degraded rivers, leading to ecological, social, and economic challenges. Recognizing the need to foster sustainable, river-sensitive development in cities, India has launched the River Cities Alliance (RCA) and the Urban River Management Plans (URMPs) initiative to restore and manage urban rivers holistically.

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Why in News?

The National Mission for Clean Ganga (NMCG) has recently approved a master plan for the River Cities Alliance (RCA). This step aims to promote river-sensitive urban planning through enhanced capacity building, knowledge sharing, and expert guidance for Indian cities. The move highlights India’s commitment to restoring the health of urban rivers and integrating rivers into urban planning.

What is the River Cities Alliance (RCA)?

The River Cities Alliance (RCA) was conceptualized to help India’s river cities maintain a symbiotic relationship with their rivers.
Launched in 2021 with an initial cohort of 30 cities, the RCA has rapidly expanded and now includes over 145 cities.
It is jointly managed by:

  • National Mission for Clean Ganga (NMCG) under the Ministry of Jal Shakti, and
  • National Institute of Urban Affairs (NIUA) under the Ministry of Housing and Urban Affairs.

The RCA acts as a collaborative platform for cities to exchange best practices, receive expert support, and collectively work towards restoring the ecological health of their river ecosystems.

Key Details or Features

Urban River Management Plans (URMPs)

The URMP framework was launched in 2020 by the NIUA and NMCG as a first-of-its-kind approach to urban river management.
URMPs aim to integrate:

  • Environmental concerns,
  • Economic priorities, and
  • Social dimensions into city development policies and practices.

The URMPs promote sustainable management of river corridors through land use planning, flood risk mitigation, pollution abatement, green infrastructure, and public engagement.

Five cities have already developed URMPs:

  • Kanpur
  • Ayodhya
  • Chhatrapati Sambhaji Nagar
  • Moradabad
  • Bareilly

Among these, the Kham River Restoration Mission in Chhatrapati Sambhaji Nagar has received global recognition from the World Resources Institute for its holistic and innovative approach.

Impact/Significance

The RCA and URMP initiatives mark a transformative shift in India’s urban development philosophy:

  • They promote river-centric planning, ensuring that rivers are treated as valuable ecological assets rather than mere sources of water.
  • By fostering collaboration among cities, the RCA encourages sharing of technical expertise and innovative solutions.
  • Success stories like the Kham River Restoration highlight the potential of URMPs to achieve global standards in urban environmental management.

In the long run, these initiatives contribute significantly to the goals of Clean Ganga Mission, Smart Cities Mission, and Sustainable Development Goals (SDGs), especially SDG 6 (Clean Water and Sanitation) and SDG 11 (Sustainable Cities and Communities).

Challenges or Concerns

Despite positive progress, several challenges remain:

  • Lack of technical expertise in smaller cities for river management planning.
  • Inadequate funding for comprehensive river restoration projects.
  • Fragmented governance structures, leading to overlaps between municipal bodies and river management authorities.
  • Public apathy towards river health and the need for behavioral change at the grassroots level.

These challenges need to be addressed systematically to ensure the success and scalability of the RCA model across India.

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