★ Must-know
Shri Sudhakar Malli was appointed Executive Director of the Reserve Bank of India and is responsible for its Department of Supervision (Supervisory Assessment).
Sidharatha Mishra was appointed Managing Director and Chief Executive Officer of ICICI Life Insurance for a five-year tenure, replacing Anup Bagchi.
Further detail
★ Must-know
The Ministry of Finance projected India’s GDP growth at 7.3% for Q2 FY27, compared with 7.8% in Q1 FY27 and the RBI’s current Q2 projection of 6.4%.
Bank of Baroda became the second public sector bank to receive a PFRDA certificate appointing it as a pension fund sponsor, entering through BoB Pension Fund Management Company Limited.
NABKISAN Finance Ltd, a NABARD subsidiary, listed India’s first social bond dedicated exclusively to water, sanitation and hygiene on the National Stock Exchange in Mumbai.
The NABKISAN WASH social bond raised ₹180 crore, has a five-year tenure, an 8.10% coupon rate and matures in September 2031.
The Department of Economic Affairs kept Small Savings Scheme interest rates unchanged for Q3 FY27, from 1 October to 31 December 2026, matching Q2 FY27 rates for 1 July to 30 September 2026.
For Q3 FY27, the Small Savings Scheme rates were: Post Office Savings Account 4.00%; 1-Year Time Deposit 6.90%; 2-Year Time Deposit 7.00%; 3-Year Time Deposit 7.10%; 5-Year Time Deposit 7.50%; 5-Year Recurring Deposit 6.70%; Senior Citizens Savings Scheme 8.20%; Monthly Income Account Scheme 7.40%; National Savings Certificate 7.70%; Public Provident Fund 7.10%; Kisan Vikas Patra 7.50%; and Sukanya Samriddhi Account 8.20%.
Further detail
BoB Pension Fund Management Company Limited is a PFRDA-regulated entity with authorised capital of ₹100 crore and shareholding of 80.10% by Bank of Baroda and 19.90% by Baroda BNP Asset Management Company.
The NABKISAN bond received CRISIL AAA (Stable) and CARE AAA (Stable) ratings, described as the highest domestic credit ratings assigned by the respective agencies.
Small Savings Scheme rates remained unchanged for the 14th consecutive quarter; the Department of Economic Affairs last revised them in Q4 FY24.
Since 2016, the Ministry of Finance has reviewed Small Savings Scheme interest rates quarterly.
Kisan Vikas Patra matures in 115 months.
📌 The PFRDA granted Bank of Baroda’s pension fund sponsor certificate under Section 27 of the PFRDA Act, 2013.
★ Must-know
Union Minister Manohar Lal Khattar launched PRAGATI-50 under Swachh Bharat Mission-Urban 2.0 to develop 50 cities across 24 states as role-model sanitation cities.
APEDA facilitated the export of 1 metric tonne of popped makhana from Purnea, Bihar, to Greece via Mundra Port in India and Piraeus Port in Greece, with Indo Global Export of Belouri, Purnea, and S. S. Foods Exports Pvt. Ltd. of New Delhi undertaking the shipment.
Further detail
Swachh Bharat Mission-Urban 1.0 launched on 2 October 2014 and ran from 2014 to 2019; SBM-Urban 2.0 began in 2021.
PRAGATI stands for Pro-Active Governance and Timely Implementation.
A digital review mechanism for PRAGATI-50 was established on the Swachhatam Portal to monitor the initiative.
The third cohort of 13 startups was inducted into SBM-U in collaboration with the Startup Incubation and Innovation Centre at IIT Kanpur, bringing the national total onboarded under SBM-U to 75.
MoHUA and CSIR-CMERI launched the Swachh Bharat Test Bed & Innovation Centre at Durgapur.
Swachh Bharat Mission-Urban is administered by the Ministry of Housing and Urban Affairs and aims to achieve universal sanitation coverage and maintain cleanliness across urban areas.
APEDA functions under the Ministry of Commerce and Industry, Government of India.
APEDA facilitated the first sea shipment of value-added flavoured makhana from Darbhanga, Bihar, to Canada.
APEDA facilitated the first commercial sea shipment of 18 metric tonnes of GI-tagged Mithila Makhana from BIADA Industrial Area, Bihta, Bihar, to Australia.
★ Must-know
📌 Delhi’s Intelligent Traffic Management System will replace fixed signal timings and mainly manual intervention with traffic control based on real-time road conditions using AI.
Further detail
The Delhi traffic system will be implemented in three phases over 24 months, followed by an additional five years of operation and maintenance.
The Centre for Development of Advanced Computing will act as project management consultant for Delhi’s Intelligent Traffic Management System.
★ Must-know
📌 India ranked above Uzbekistan despite both winning 21 gold medals because India won 27 silver medals while Uzbekistan won 25.
Further detail
China ranked first with 169 gold, 89 silver and 83 bronze medals; Japan second with 83, 95 and 91; South Korea third with 39, 43 and 68; India fourth with 21, 27 and 37; and Uzbekistan fifth with 21, 25 and 24.
The 2026 Asian Games had 45 participating countries and regions, and India’s contingent comprised 495 athletes competing in 36 sports.
The Indian women’s cricket team won India’s first gold medal of the 2026 Asian Games edition.
At the 2026 Asian Games, India won 5 gold, 2 silver and 2 bronze medals in archery (9 total); 3 gold, 8 silver and 4 bronze in shooting (15 total); 3 gold and 3 bronze in boxing (6 total); 2 gold, 2 silver and 2 bronze in wrestling (6 total); and 2 gold in cricket (2 total).
The 2026 Asian Games were the 20th edition, hosted in Aichi-Nagoya, Japan, with the main stadium and ceremony venue at Nagoya City Mizuho Park Athletic Stadium.
Japan hosted the Asian Games for the third time in 2026, after Tokyo in 1958 and Hiroshima in 1994.
The 2026 Asian Games featured 43 sports, mascot HONOHON, slogan “IMAGINE ONE ASIA” and official song “Beyond the Sky”.
Manu Bhaker and Pawan Sehrawat were India’s opening ceremony flag bearers, and Neeru Dhanda was its closing ceremony flag bearer at the 2026 Asian Games.
The previous Asian Games were the 19th edition in Hangzhou, China, listed as 2022 but held in 2023, and the next edition is scheduled for Doha, Qatar, in 2030.
India and Uzbekistan tied on gold, but India’s silver-medal edge separated them.
★ Must-know
Further detail
The 2026 Nobel Prize in Physiology or Medicine amounted to 12 million Swedish kronor, shared among the winners.
The prize categories and announcing authorities are:
Take a 16-question practice quiz on 6 October Current Affairs, with every answer explained.
1. Which Reserve Bank of India role was assigned to Shri Sudhakar Malli?
2. Who was appointed Managing Director and Chief Executive Officer of ICICI Life Insurance for a five-year tenure, replacing Anup Bagchi?
Memorize the key concepts of 6 October Current Affairs with 50 flashcards.
Which RBI role was Shri Sudhakar Malli appointed to?
Executive Director.
Which RBI department is Shri Sudhakar Malli responsible for?
Department of Supervision (Supervisory Assessment).
Which position was Sidharatha Mishra appointed to at ICICI Life Insurance?
Managing Director and Chief Executive Officer.
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