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The most important current affairs of 31 October 2026, curated for Banking, SSC & RBI Grade B exams.

1. Centre releases Rs 1.09 lakh crore tax devolution to states: Key facts for Bank exams

Relevance for Banking, SSC & RBI Grade B exams: Economy

Centre released Rs 1.09 lakh crore tax devolution to states. Know how it impacts fiscal federalism, tax devolution formula, and SSC/RBI Grade B exam relevance

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2. Kerala CM to Inaugurate Women’s Policy Summit on Nov 2: Key Focus Areas

Relevance for Banking, SSC & RBI Grade B exams: Polity & Governance

Kerala CM V.D. Satheesan to inaugurate ‘Her Summit 2026’ on Nov 2 under Makalkoppam scheme. New women’s policy to address empowerment, safety, and entrepreneu

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3. My Bharat’s ‘Viksit Bharat Yuva Samvaad’ Engages 11,000+ Youth in Voter Awareness

Relevance for Banking, SSC & RBI Grade B exams: Polity & Governance

Discover how My Bharat’s ‘Viksit Bharat Yuva Samvaad: Apne Vote Ko Jaane’ campaign educated 11,000+ youth across 16 states on voting rights, electoral process

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4. Government releases ₹1,09,019 crore tax devolution to States ahead of festivals

Relevance for Banking, SSC & RBI Grade B exams: Economy

Union Government releases ₹1,09,019 crore tax devolution to State Governments as advance instalment to boost capital spending ahead of festive season and enab

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5. IAS Shravan Kumar Appointed Kalaburagi Municipal Commissioner

Relevance for Banking, SSC & RBI Grade B exams: Polity

IAS officer P. Shravan Kumar, 2023 batch, appointed as Kalaburagi City Corporation Commissioner. Know his career background and latest transfer details.

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6. NMMS Scholarship 2026-27: Extended Deadline to 15 Nov 2026

Relevance for Banking, SSC & RBI Grade B exams: Polity & Governance

Education Ministry extends NMMS Scholarship 2026-27 application deadline to 15 Nov 2026. Know eligibility, selection process & DBT benefits for meritorious st

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7. Ananth Tech’s Role in ISRO’s GSLV-F18 Mission for Banking & SSC Exams

Relevance for Banking, SSC & RBI Grade B exams: Polity & Governance

Ananth Technologies supplied critical avionics and subsystems for ISRO’s GSLV-F18 mission, launching NVS-03 navigation satellite. Key for Polity & Governance

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8. UP High Court Rejects State Govt’s Budget Shortage Payment Excuse

Relevance for Banking, SSC & RBI Grade B exams: Economy

Allahabad HC rules UP govt cannot deny payment to contractor citing budget shortage; orders release of dues within 6 weeks; critical for Banking, SSC exams.

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9. ICAR’s Special Campaign 6.0: Key Focus Areas for Banking & SSC Exams

Relevance for Banking, SSC & RBI Grade B exams: Polity & Governance

ICAR’s Special Campaign 6.0 emphasizes cleanliness, sustainable waste management & office hygiene in institutes. Know key initiatives for upcoming exams like

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10. Parliamentary Affairs Ministry concludes ‘Special Campaign 6.0’ with focus on governance reforms

Relevance for Banking, SSC & RBI Grade B exams: Polity & Governance

Parliamentary Affairs Ministry concluded ‘Special Campaign 6.0’ on Oct 31, 2026, improving record management, digital governance & office cleanliness under Sw

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11. TVK Government’s Social Justice Survey: Significance for Banking & SSC Exams

Relevance for Banking, SSC & RBI Grade B exams: Economy/Governance

Tamil Nadu’s TVK-led government approves Social Justice Survey to assess caste-wise data. Understand its impact on governance, exams like Bank PO, SSC, and RB

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12. MCA’s Nationwide Swachhata Abhiyaan 6.0: Key Achievements for Exam Prep

Relevance for Banking, SSC & RBI Grade B exams: Polity & Governance

MCA’s Swachhata Abhiyaan 6.0 freed 23,285 sq ft office space, earned ₹11.42L revenue, and resolved 322+ complaints. Key for Banking, SSC & RBI Grade B exams.

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13. BIMSTEC Maritime Security Exercise: Key Highlights for Bank PO & SSC Exams

Relevance for Banking, SSC & RBI Grade B exams: Security

India hosts inaugural BIMSTEC Maritime Security Exercise 2024 to enhance regional maritime cooperation, counter piracy, and ensure safe sea lanes for trade. D

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14. Air Chief Marshal Ashutosh Dixit Takes Charge as New IAF Chief

Relevance for Banking, SSC & RBI Grade B exams: Security

Air Chief Marshal Ashutosh Dixit assumes charge as the new Chief of the Air Staff of the Indian Air Force. Know his career highlights and key responsibilities

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15. Government Extends Cotton Import Duty Exemption till Dec 2026

Relevance for Banking, SSC & RBI Grade B exams: Economy

Government extends customs duty exemption on cotton imports till 31st December 2026. Key benefit for textile industry and exam aspirants preparing for Banking

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16. CEEW Study Reveals Climate Adaptation Efforts in Himachal Pradesh Villages

Relevance for Banking, SSC & RBI Grade B exams: Economy/Governance

CEEW study highlights climate adaptation measures in Himachal Pradesh villages. 12 panchayats adopted new crops, revived water sources, and formed disaster ma

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17. Lok Sabha Speaker Praises Gayatri Pariwar’s Role in India’s Spiritual & Social Revival

Relevance for Banking, SSC & RBI Grade B exams: Polity

Lok Sabha Speaker Om Birla lauds Gayatri Pariwar’s 100-year legacy in spiritual awakening, social reform & women empowerment at Shatabdi Samaroh 2026 in Delhi

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18. ISRO’s NVS-03 Launch Boosts India’s NavIC: Key for Banking SSC RBI Grade B Exams

Relevance for Banking, SSC & RBI Grade B exams: Science & Technology

PM Modi congratulates ISRO on successful GSLV-F18 launch of NVS-03, strengthening India’s NavIC system. Know its significance for SSC, Bank PO, and RBI Grade

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19. IMD to Install Wind Profilers in Kerala Under Mission Mausam for Better Monsoon Forecasts

Relevance for Banking, SSC & RBI Grade B exams: Polity & Governance

IMD seeks land in Kozhikode, Thiruvananthapuram for wind profiler radars under Mission Mausam to enhance weather forecasting, monsoon tracking, and climate mo

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20. Cyclones and Weather Bans Cripple Coastal Andhra Fisherfolk Financially

Relevance for Banking, SSC & RBI Grade B exams: Geography

Cyclones and frequent IMD weather bans in Coastal Andhra Pradesh cause ₹36 crore losses, disrupt fishing trade, and threaten livelihoods of 750+ trawler famil

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21. Telangana Expands Instant Pension Scheme for Women Beyond Old-Age Pensions

Relevance for Banking, SSC & RBI Grade B exams: Economy

Telangana extends instant pension facility to widows of disability, weaver, toddy tapper & dialysis patients. Know eligibility, application process & benefits

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22. UN Mission Ends in Somalia: Key Takeaways for Banking & SSC Exams

Relevance for Banking, SSC & RBI Grade B exams: Polity & Governance

UN’s 30-year political mission in Somalia ends on Oct 31, 2026. Learn its impact on governance, peacebuilding & Somalia’s future for exams like Bank PO, SSC &

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23. ISRO’s GSLV-F18 Launch: Key Facts for Bank PO & SSC Exams

Relevance for Banking, SSC & RBI Grade B exams: Science & Technology

ISRO successfully launched GSLV-F18 carrying NVS-03 navigation satellite. Know mission details, significance for exams like Bank PO, SSC, RBI Grade B.

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24. PM Pays Tribute to Sardar Patel on His Birth Anniversary: Key Facts for Exams

Relevance for Banking, SSC & RBI Grade B exams: History & Culture

Prime Minister Narendra Modi paid tribute to Sardar Vallabhbhai Patel on his birth anniversary, remembering him as the “Iron Man of India” who played a pivotal role in India’s integration post-independence. The Prime Minister highlighted Patel’s vision, leadership, and administrative acumen, which were instrumental in unifying over 500 princely states into a single nation. This tribute underscores Patel’s enduring legacy in nation-building, a theme often examined in competitive exams like the RBI Grade B, where questions on India’s constitutional and administrative history are common.

For aspirants preparing for Bank PO, IBPS, SBI, and SSC exams, Sardar Patel’s contributions are frequently tested in sections covering history, polity, and current affairs. His role in the integration of states, the formation of the Indian Administrative Service (IAS), and his association with the Sardar Sarovar Dam project are key points that may appear in descriptive or objective questions. Understanding Patel’s leadership provides context to India’s post-colonial governance structure, a topic relevant for both banking and SSC examinations, where analytical and historical awareness is assessed.

Source: PIB (Press Information Bureau)


25. ISRO Launches 4th Navigation Satellite, 5 More Missions Planned This Year

Relevance for Banking, SSC & RBI Grade B exams: Science & Technology

ISRO successfully launched NVS-03, India’s 4th navigation satellite, enabling PNT services. ISRO chief reveals plans for 5 more launches this financial year,

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26. PMGSY-IV: 45 New Roads in Mizoram to Boost Rural Connectivity

Relevance for Banking, SSC & RBI Grade B exams: Polity & Governance

PMGSY-IV approves 45 new road projects (509.54 km) worth ₹710.40 cr in Mizoram, connecting 48 settlements for first-time all-weather access to schools, hospit

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27. ISRO launches NVS-03 satellite to strengthen India’s NavIC GPS system

Relevance for Banking, SSC & RBI Grade B exams: Science & Technology

ISRO launched NVS-03 satellite via GSLV-F18 to boost India’s indigenous NavIC GPS system. Key for Banking, SSC & RBI Grade B exams. Details inside.

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28. Finance Commission Grant: Kochi Corporation Panel Slams ₹84 Crore Project Vetting Failure

Relevance for Banking, SSC & RBI Grade B exams: Economy

Kochi Corporation’s development standing committee faces criticism for failing to vet ₹84-crore Finance Commission grant projects before approval. Know key fa

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29. Himachal Pradesh CM Sahara Yojana: 10,000 Beneficiaries & Eligibility Verification

Relevance for Banking, SSC & RBI Grade B exams: Polity & Governance

Himachal Pradesh CM Sahara Yojana to include 10,000 beneficiaries. District Commissioners to verify eligibility for monthly ₹3,000 aid to critically ill patie

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30. Karnataka’s ₹8/litre milk price hike: Examining its impact on economy and nutrition

Relevance for Banking, SSC & RBI Grade B exams: Economy

Karnataka raises milk prices by ₹8/litre, sparking concerns over inflation, household budgets, and nutrition for low-income families. Analysis for Banking, SS

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31. How Vallabhbhai Patel Earned the Title ‘Sardar’ in India’s Freedom Struggle

Relevance for Banking, SSC & RBI Grade B exams: History & Culture

Discover how Vallabhbhai Patel became ‘Sardar’ through his leadership in Kheda Satyagraha, Non-Cooperation Movement, and role in Gujarat’s political rise duri

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32. RBI to Auction ₹24,000 Crore Treasury Bills on Sep 30, 2026: Key Details for Banking Exams

Relevance for Banking, SSC & RBI Grade B exams: Polity

The Reserve Bank of India (RBI) has announced the auction of 91-day, 182-day, and 364-day Treasury Bills (T-Bills) with a total notified amount of ₹23,000 crore, scheduled for October 14, 2026. These short-term government securities are crucial for managing liquidity in the banking system and are issued to meet the government’s immediate borrowing requirements. For aspirants preparing for Banking exams like IBPS, SBI, and RBI Grade B, understanding T-Bill auctions is essential as they reflect the government’s fiscal stance and influence interest rates in the economy. The auction follows a price-based multiple price method, where successful bidders pay the price they quoted, making it a key topic for monetary policy and financial market dynamics in competitive exams.

The auction also allows non-competitive participation from retail investors, including individuals, up to 5% of the notified amount, fostering financial inclusion. This aspect is particularly relevant for SSC aspirants, as questions on government securities and retail investment avenues often appear in general awareness sections. Additionally, the RBI’s Retail Direct portal facilitates seamless participation, highlighting the digital push in financial transactions. For RBI Grade B candidates, the auction process, including settlement dates and bid submission timings, underscores the operational aspects of monetary policy implementation, a frequent area of questioning in descriptive papers.

Source: RBI


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