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The most important current affairs of 17 August 2026, curated for Banking, SSC & RBI Grade B exams.

1. Swachhta Udyami Yojana: How Satiish Kumar Transformed from Contract Cleaner to Entrepreneur

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

Swachhta Udyami Yojana helped Satiish Kumar, a contract cleaner in UP, secure ₹9.55L loan to buy a sewer suction machine, boosting his income from ₹15K to ₹50

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2. SMILE Scheme: Government Boosts Rehabilitation & Social Inclusion for Marginalized Groups

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

Government’s SMILE scheme under Social Justice Ministry strengthens rehabilitation, healthcare & livelihood for marginalized groups. 42,589 identified, 12,710

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3. Karnataka Cancels Social Security Pensions for 51,720 Beneficiaries: Key Details for Banking Exams

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

Karnataka cancels social security pensions for 51,720 ineligible beneficiaries after income verification. Know eligibility criteria, process, and exam-relevan

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4. Inter-Caste Marriage Scheme: How Ashok & Sabita Overcame Social Opposition

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

Discover how the Inter-Caste Marriage Incentive Scheme provided ₹2.5 lakh to Ashok (General) & Sabita (SC) in Odisha, helping them build a stable life amid so

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5. IISR & Bio Mountain Farmers Sign MoU to Boost Spice Production Technologies

Relevance for Banking, SSC & RBI Grade B exams: International Relations

IISR signs MoU with Bio Mountain Farmers Producer Company to promote improved spice production technologies, enhancing productivity and sustainable farming fo

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6. CIC Launches AppCoMS 2.0 Portal for RTI Appeals & Complaints in 2026

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

Central Information Commission launched AppCoMS 2.0 on 17 Aug 2026 to streamline RTI Act appeals & complaints digitally. Know key features, benefits & exam re

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7. Sebi Launches Cybersecurity Portals for Market Intermediaries: Key for Bank PO, SSC & RBI Exams

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

Sebi launched Incident Reporting Portal and Cyber Suraksha Portal to streamline cybersecurity incident reporting and knowledge sharing for market intermediari

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8. SEED Scheme: Govt’s Welfare Push for DNT/NT/SNT Communities

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

Know how the SEED scheme under DWDNC empowers DNT/NT/SNT communities via education, healthcare, livelihood & housing. Key for Banking/SSC/RBI Grade B exams.

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9. Chamoli Tunnel Landslide: 2 Workers Missing, Rescue Ops Underway for Banking Exams

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

Chamoli tunnel landslide traps 22 workers; 12 rescued, 8 dead, 2 still missing. THDC project hit. Rescue ops by NDRF, SDRF, ITBP underway. Key for UPSC, IBPS,

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10. Himachal Monsoon Alert: 110 Roads Closed, 217 Water Schemes Hit for Bank Exams

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

The recent monsoon-induced disruptions in Himachal Pradesh highlight critical governance challenges, particularly in infrastructure resilience and disaster management, which are highly relevant for Banking, SSC, and RBI Grade B exams. The closure of 110 roads, disruption of 91 electricity transformers, and impact on 217 water supply schemes underscore the vulnerabilities in public service delivery systems during extreme weather events. Such disruptions not only affect daily life but also pose risks to economic activities, including banking operations in remote areas, supply chain logistics, and public welfare programs. For aspirants, this scenario emphasizes the need to understand how state governments allocate resources for disaster preparedness, repair mechanisms, and inter-departmental coordination—key themes often tested in governance and polity sections of these exams.

Additionally, the financial implications of these disruptions, with losses exceeding ₹973 crore, reflect the broader economic impact of climate-related disasters, a topic increasingly relevant in policy discussions. Banking exams often test candidates on the role of financial institutions in disaster risk financing, insurance mechanisms, and government expenditure priorities during crises. For SSC aspirants, questions may arise on the constitutional provisions related to disaster management (e.g., the Disaster Management Act, 2005) and the roles of local bodies versus state administrations. RBI Grade B candidates should note how such disruptions can influence monetary policy, inflation (due to supply chain disruptions), and fiscal deficit management, as well as the importance of contingency planning in public infrastructure projects.

Source: amarujala.com


11. PM Awas Yojana: 2.89Lakh Houses Approved for Rajasthan Rural, ₹3,473Cr Allocated

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

Centre approves 2.89 lakh houses under PM Awas Yojana-Gramin for Rajasthan, releasing ₹3,473 crore. Key changes: ₹15K income cap for women, two-wheeler owners

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12. PLFS July 2026: LFPR Rises to 55.4%, Unemployment Drops to 5.1%

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

PLFS July 2026 data shows LFPR at 55.4%, WPR at 52.5%, and unemployment rate at 5.1%. Rural LFPR improved to 58.0%, female LFPR rose to 34.4%. Key for Bank PO

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13. How National SC Fellowship Helped Sangita Das Overcome PhD Challenges

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

Sangita Das, an SC scholar, overcame PhD challenges, financial struggles & family duties with National SC Fellowship. Now works in Semiconductor Research unde

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14. APPSC Group-I Recruitment Scam: OMR Sheets Altered, SIT Report Reveals Fraud

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

SIT report exposes fraud in APPSC Group-I 2018 recruitment: OMR sheets altered, signatures forged, and unauthorized evaluation. Key details for banking, SSC &

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