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UPSC NDA, CDS & AFCAT Current Affairs Compendium
Curated from PIB & Ministry of Defence • Printed on 15 Oct, 2026
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UPSC PRELIMS / WRITTEN FOCUS:
Key factual data, participating nations, ranges, and organizations.
SSB GD & LECTURETTE ANGLE:
Geopolitical impact, operational readiness, and strategic deterrence.
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Economy Economic Policy & Trade
01 Feb, 2024

SUMMARY OF THE INTERIM UNION BUDGET 2024-25

SUMMARY OF THE INTERIM UNION BUDGET 2024-25 PIB

Expected NDA/CDS/AFCAT MCQ:
Under Article 112 of the Constitution of India, the Union Budget is officially termed as which constitutional statement?
(A) National Revenue Declaration
(B) Annual Financial Statement (AFS)
(C) Union Appropriation Bill
(D) Consolidated Fiscal Balance Sheet
Correct Answer: (B) — NDA/CDS/AFCAT Exam Pointer:
Direct NDA/CDS Polity & Economy: Article 112 mandates the President to cause to be laid before both Houses of Parliament an 'Annual Financial Statement' showing estimated receipts and expenditures of the Government of India.
SSB Interview & Lecturette Framework:
Strategic Significance: Fiscal Security: Modern defence capital acquisitions depend on prudent budget allocation and sustainable debt-to-GDP ratios.
Group Discussion (GD) Angle: GD Topic: Key budget priorities: Balancing capital infrastructure spending with fiscal deficit reduction.
IO Cross-Question Tip: IO Question: 'What is the difference between Revenue Expenditure and Capital Expenditure in the Union Budget?'
Economy Economic Policy & Trade
01 Feb, 2023

Defence gets Rs 5.94 lakh crore in Budget 2023-24, a jump of 13% over previous year

Official Press Information Bureau (PIB) update under the Economy sector. Key factual takeaway for UPSC NDA & CDS General Awareness & SSB Interview: Focuses on 'Defence gets Rs 5.94 lakh crore in Budget 2023-24, a jump of 13% over previous year', detailing strategic governance milestones, policy implementation, and high-yield national developments.

Expected NDA/CDS/AFCAT MCQ:
Under Article 112 of the Constitution of India, the Union Budget is officially termed as which constitutional statement?
(A) Union Appropriation Bill
(B) National Revenue Declaration
(C) Annual Financial Statement (AFS)
(D) Consolidated Fiscal Balance Sheet
Correct Answer: (C) — NDA/CDS/AFCAT Exam Pointer:
Direct NDA/CDS Polity & Economy: Article 112 mandates the President to cause to be laid before both Houses of Parliament an 'Annual Financial Statement' showing estimated receipts and expenditures of the Government of India.
SSB Interview & Lecturette Framework:
Strategic Significance: Fiscal Security: Modern defence capital acquisitions depend on prudent budget allocation and sustainable debt-to-GDP ratios.
Group Discussion (GD) Angle: GD Topic: Key budget priorities: Balancing capital infrastructure spending with fiscal deficit reduction.
IO Cross-Question Tip: IO Question: 'What is the difference between Revenue Expenditure and Capital Expenditure in the Union Budget?'
Economy Economic Policy & Trade
01 Dec, 2022

India – One of the pioneers in introducing CBDC

Official Press Information Bureau (PIB) update under the Economy sector. Key factual takeaway for UPSC NDA & CDS General Awareness & SSB Interview: Focuses on 'India – One of the pioneers in introducing CBDC', detailing strategic governance milestones, policy implementation, and high-yield national developments.

Expected NDA/CDS/AFCAT MCQ:
With reference to the current national development in "India – One of the pioneers in introducing CBDC", which category does this update primarily impact?
(A) Private Commercial Real Estate Valuation
(B) Local Municipal Tax Rate Assessment
(C) Commercial Foreign Exchange Speculation
(D) Strategic Policy, Public Governance & National Institutional Development
Correct Answer: (D) — NDA/CDS/AFCAT Exam Pointer:
NDA/CDS/AFCAT General Awareness: Candidates must track key national initiatives, responsible nodal ministries, institutional frameworks, and policy impacts for the General Knowledge paper.
SSB Interview & Lecturette Framework:
Strategic Significance: Institutional Governance: Effective policy execution and civil-military alignment form the bedrock of national sovereignty.
Group Discussion (GD) Angle: GD Topic: The socio-economic impact of good governance and transparent public administration in India.
IO Cross-Question Tip: IO Question: 'How does strong domestic governance directly reinforce external national security?'
Economy Economic Policy & Trade
09 Apr, 2022

Shri Gajendra Singh Shekhawat, Union Minister of Jal Shakti And Smt. DarshanaV Jardosh, Minister of State For Textiles & Railways Jointly Inaugurated The Trade Facilitation Centre At Jodhpur

Shri Gajendra Singh Shekhawat, Union Minister of Jal Shakti And Smt. DarshanaV Jardosh, Minister of State For Textiles & Railways Jointly Inaugurated The Trade Facilitation Centre At Jodhpur PIB Archives

Expected NDA/CDS/AFCAT MCQ:
With reference to the current national development in "Shri Gajendra Singh Shekhawat, Union Minister of Jal Sh...", which category does this update primarily impact?
(A) Strategic Policy, Public Governance & National Institutional Development
(B) Local Municipal Tax Rate Assessment
(C) Commercial Foreign Exchange Speculation
(D) Private Commercial Real Estate Valuation
Correct Answer: (A) — NDA/CDS/AFCAT Exam Pointer:
NDA/CDS/AFCAT General Awareness: Candidates must track key national initiatives, responsible nodal ministries, institutional frameworks, and policy impacts for the General Knowledge paper.
SSB Interview & Lecturette Framework:
Strategic Significance: Institutional Governance: Effective policy execution and civil-military alignment form the bedrock of national sovereignty.
Group Discussion (GD) Angle: GD Topic: The socio-economic impact of good governance and transparent public administration in India.
IO Cross-Question Tip: IO Question: 'How does strong domestic governance directly reinforce external national security?'
PIB Archives Original Source
Economy Economic Policy & Trade
17 May, 2020

Finance Minister announces Government Reforms and Enablers across Seven Sectors under Aatma Nirbhar Bharat Abhiyaan

Finance Minister announces Government Reforms and Enablers across Seven Sectors under Aatma Nirbhar Bharat Abhiyaan PIB

Expected NDA/CDS/AFCAT MCQ:
Under Article 112 of the Constitution of India, the Union Budget is officially termed as which constitutional statement?
(A) National Revenue Declaration
(B) Annual Financial Statement (AFS)
(C) Union Appropriation Bill
(D) Consolidated Fiscal Balance Sheet
Correct Answer: (B) — NDA/CDS/AFCAT Exam Pointer:
Direct NDA/CDS Polity & Economy: Article 112 mandates the President to cause to be laid before both Houses of Parliament an 'Annual Financial Statement' showing estimated receipts and expenditures of the Government of India.
SSB Interview & Lecturette Framework:
Strategic Significance: Fiscal Security: Modern defence capital acquisitions depend on prudent budget allocation and sustainable debt-to-GDP ratios.
Group Discussion (GD) Angle: GD Topic: Key budget priorities: Balancing capital infrastructure spending with fiscal deficit reduction.
IO Cross-Question Tip: IO Question: 'What is the difference between Revenue Expenditure and Capital Expenditure in the Union Budget?'
Economy Economic Policy & Trade
10 Jan, 2020

Key Highlights of Economic Survey 2019-20

Key Highlights of Economic Survey 2019-20 PIB Archives

Expected NDA/CDS/AFCAT MCQ:
With reference to the current national development in "Key Highlights of Economic Survey 2019-20", which category does this update primarily impact?
(A) Commercial Foreign Exchange Speculation
(B) Local Municipal Tax Rate Assessment
(C) Strategic Policy, Public Governance & National Institutional Development
(D) Private Commercial Real Estate Valuation
Correct Answer: (C) — NDA/CDS/AFCAT Exam Pointer:
NDA/CDS/AFCAT General Awareness: Candidates must track key national initiatives, responsible nodal ministries, institutional frameworks, and policy impacts for the General Knowledge paper.
SSB Interview & Lecturette Framework:
Strategic Significance: Institutional Governance: Effective policy execution and civil-military alignment form the bedrock of national sovereignty.
Group Discussion (GD) Angle: GD Topic: The socio-economic impact of good governance and transparent public administration in India.
IO Cross-Question Tip: IO Question: 'How does strong domestic governance directly reinforce external national security?'
PIB Archives Original Source
UPSC NDA & CDS High-Yield Matrix

Major Joint Military Exercises of India

Exercise Name Participating Country / Group Defence Branch Type & Nature UPSC Exam Key Focus
MALABAR India, USA, Japan, Australia (QUAD) Navy Multilateral Naval High-intensity maritime interoperability, anti-submarine warfare (ASW) in Indo-Pacific.
YUDH ABHYAS India & United States Army Bilateral Wargame High-altitude counter-insurgency and cold-weather mountain warfare.
VAJRA PRAHAR India & United States Army (Special Forces) Bilateral Special Forces Urban counter-terrorism, hostage rescue, and airborne tactical raids.
SURYA KIRAN India & Nepal Army Bilateral Mountain Jungle warfare, counter-terrorism operations, and disaster relief drills.
GARUDA India & France Air Force Bilateral Air Combat Air defence simulation, aerial dogfights, Rafale & Sukhoi-30MKI interoperability.
VARUNA India & France Navy Bilateral Maritime Carrier strike group operations, cross-deck landings, tactical surface drills.
SHAKTI India & France Army Bilateral Army Semi-urban and mountainous counter-terror drills under UN Chapter VII mandate.
JIMEX India & Japan Navy Bilateral Maritime Complex maritime warfare, replenishment at sea, and Indo-Pacific security.
DHARMA GUARDIAN India & Japan Army Bilateral Army Tactical drills in built-up areas and anti-terrorist tactical interoperability.
SAMPRITI India & Bangladesh Army Bilateral Border Counter-insurgency and riverine terrain operational doctrine.
BONGOSAGAR India & Bangladesh Navy Bilateral Maritime Bay of Bengal joint maritime patrol (CORPAT) and anti-piracy operations.
MITRA SHAKTI India & Sri Lanka Army Bilateral Army Sub-conventional operations in semi-urban terrain under UN mandate.
SLINEX India & Sri Lanka Navy Bilateral Maritime Surface weapon firing, helicopter operations, and search & rescue (SAR).
NOMADIC ELEPHANT India & Mongolia Army Bilateral Army Mountain warfare, high-altitude survival, and counter-terror tactics.
DUSTLIK India & Uzbekistan Army Bilateral Central Asia Special operation tactics, unmanned aerial vehicle (UAV) reconnaissance.
KAZIND India & Kazakhstan Army (Joint) Bilateral Army/Air Counter-insurgency and counter-terrorist operations in sub-mountainous region.
TARANG SHAKTI India + 10+ Allied Air Forces Air Force Mega Multilateral Air India's largest multilateral air combat exercise demonstrating IAF global deterrence.
MILAN India + 50+ Global Navies Navy Flagship Multilateral Indian Navy's biennial congregation in Visakhapatnam for global maritime security.

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