Current Affairs 11 Jun 2026: Notes & MCQs | Rankers Daily
billion in FY25.Gross FDI reached $94.6 billion in FY26.Outward FDI flows are concerning, indicating potential capital flight.
Context
A comprehensive analysis reveals a contraction in net FDI.
Key Facts
Net FDI has seen a drastic decline, raising alarms among policymakers.
Significance
The decline in net FDI impacts long-term economic growth.
Challenges / Way Forward
Policies need to focus on attracting long-term investments.
Exam Angle
Relevant for GS Paper III - Economic Development.
Remember this
- Net FDI fell to $7.6 billion in FY26.
- Gross FDI inflows reached $94.6 billion.
- Outward FDI is rising, indicating capital flight.
The Pink Saheli Cards
Transgender individuals face challenges in obtaining Pink Saheli smart cards for free bus travel in Delhi.
Quick highlights
- Launched in March 2025 for women and transgender persons.
- Smart cards provide free travel on DTC buses.
- Challenges in card issuance highlight systemic issues.
Context
Transgender individuals in Delhi face hurdles in accessing smart cards.
Key Facts
The scheme aims to promote inclusivity in public transport.
Significance
Enhances mobility and economic participation for marginalized groups.
Challenges / Way Forward
Addressing bureaucratic hurdles is essential for effective implementation.
Exam Angle
Relevant for GS Paper II - Social Justice.
Remember this
- Smart cards launched for free bus travel.
- Eligibility includes women and transgender persons.
- Aadhaar-based verification for card issuance.
Foreign Currency Non-Resident (Bank)
RBI introduces a new framework for FCNR(B) deposits to attract overseas funding.
Quick highlights
- FCNR(B) deposits allow NRIs to retain savings in foreign currencies.
- Tax-free returns for depositors enhance attractiveness.
- Exemptions from CRR and SLR improve lending margins.
Context
RBI introduces a special dispensation for FCNR(B) deposits.
Key Facts
The framework aims to attract low-cost overseas funding.
Significance
Stabilizes the capital account and enhances foreign investment.
Challenges / Way Forward
Ensuring competitive interest rates is crucial.
Exam Angle
Relevant for GS Paper III - Financial Markets.
Remember this
- FCNR(B) deposits are tax-free.
- Deposits exempt from CRR and SLR.
- Interest rates linked to international benchmarks.
The Made in India Airbus C-295
India's first indigenous Airbus C-295 military transport aircraft completes its maiden flight.
Quick highlights
- First indigenous military transport aircraft.
- Manufactured through a partnership with Tata Advanced Systems.
- Enhances operational readiness for the Indian Air Force.
Context
The C-295 completes its maiden test flight in Vadodara.
Key Facts
The project aims to boost private sector participation in defense manufacturing.
Significance
Reduces dependence on foreign military aircraft.
Challenges / Way Forward
Ensuring quality control in indigenous production is vital.
Exam Angle
Relevant for GS Paper III - Defence Manufacturing.
Remember this
- C-295 designed for multi-role missions.
- Manufactured under a ₹21,935 crore contract.
- 85% of components produced in India.
The Disqualification of Rajya Sabha Candidature
Senior Congress leader Meenakshi Natarajan's Rajya Sabha nomination was rejected during scrutiny.
Quick highlights
- Disqualification can occur due to various legal grounds.
- Returning Officer has authority to reject nominations.
- Failure to meet eligibility criteria leads to disqualification.
Context
Meenakshi Natarajan's nomination was rejected during scrutiny.
Key Facts
Disqualification criteria are outlined in the Constitution and electoral laws.
Significance
Maintains the integrity of the electoral process.
Challenges / Way Forward
Ensuring transparency in the nomination process is crucial.
Exam Angle
Relevant for GS Paper II - Governance.
Remember this
- Disqualification can occur for criminal convictions.
- Returning Officer scrutinizes nomination papers.
- Electoral integrity is vital for democracy.
The GI-Tagged Tezpur Litchi
Tezpur Litchi becomes the first GI-tagged fruit to be exported internationally.
Quick highlights
- First international export of GI-tagged Tezpur Litchi.
- Improves income stability for local farmers.
- Showcases North East India's agricultural potential.
Context
Tezpur Litchi successfully exported to Dubai.
Key Facts
GI-tagged products meet international quality standards.
Significance
Enhances market access for local farmers.
Challenges / Way Forward
Ensuring consistent quality for international markets is essential.
Exam Angle
Relevant for GS Paper III - Agriculture.
Remember this
- Tezpur Litchi is known for its exceptional quality.
- GI-tagging protects regional products.
- Export market access improves farmer incomes.
The Sitapur 250 MW Solar-BESS Project
Approval granted for a 250 MW solar power project with integrated battery storage in Sitapur.
Quick highlights
- First-of-its-kind solar project with battery storage.
- Utilizes vacant defense land for renewable energy.
- Provides reliable power for military installations.
Context
Approval granted for the Sitapur Solar-BESS Project.
Key Facts
Integrates solar generation with battery storage.
Significance
Enhances energy security for defense operations.
Challenges / Way Forward
Ensuring efficient operation of battery systems is crucial.
Exam Angle
Relevant for GS Paper III - Renewable Energy.
Remember this
- 250 MW capacity solar project.
- Utilizes 850 acres of defense land.
- Provides stable power supply for military.
Geopolitical Tensions in Jordan
Iran's missile strikes challenge Jordan's neutral foreign policy and airspace stability.
Quick highlights
- Missile strikes threaten Jordanian airspace stability.
- Jordan's historical neutrality is challenged.
- Increased reliance on Western defense support.
Context
Iran's IRGC launched missile strikes targeting US-linked bases.
Key Facts
Jordan's geopolitical position is critical in the region.
Significance
Impacts regional trade and security dynamics.
Challenges / Way Forward
Strengthening air defense capabilities is essential.
Exam Angle
Relevant for GS Paper II - International Relations.
Remember this
- Jordan shares borders with five nations.
- Missile strikes increase regional tensions.
- Jordan's airspace stability is crucial for trade.
General knowledge
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