Current Affairs 01 July 2026
Add as a preferred Source on GoogleTable of Contents
International Current Affairs
Delhi Approves New Electric Vehicle (EV) Policy 2026
The Delhi Government approved its new Electric Vehicle (EV) Policy 2026 to accelerate the transition towards clean mobility and reduce air pollution. The policy aims to make Delhi a fully electric mobility city by gradually phasing out the registration of new internal combustion engine (ICE) vehicles in key categories. It will remain in force from 1 July 2026 to 31 March 2030.
Highlights
- The Delhi EV Policy 2026 will be effective from 1 July 2026 to 31 March 2030.
- Only electric three-wheelers and N1 category commercial trucks will be registered in Delhi from 1 January 2027.
- Only electric two-wheelers will be allowed for new registrations from 1 April 2028.
- School buses must convert at least 10% of their fleet to electric vehicles within two years.
- The government allocated ₹7,000 crore for policy implementation, with an overall investment of ₹15,000 crore.
- According to the Delhi Government, 46% of air pollution is attributed to two- and three-wheelers, while 33% comes from commercial goods carrier vehicles.
Greece Becomes the 10th Country to Launch UPI
India’s Unified Payments Interface (UPI) has been launched in Greece, making it the 10th country to adopt India’s flagship digital payment system. The service was launched through a partnership between NPCI International Payments Limited (NIPL) and Eurobank, with the launch witnessed by Union Minister of Commerce and Industry Piyush Goyal in Athens. The initiative enables eligible users to make instant, secure, and low-cost digital payments, further expanding India’s Digital Public Infrastructure (DPI) globally and strengthening India-Greece economic cooperation.
National Current Affairs
Ministry of Tourism Signs MoU with Google India
The Ministry of Tourism signed a Memorandum of Understanding (MoU) with Google India Pvt. Ltd. to strengthen the digital promotion of India’s tourism destinations. The partnership aims to leverage digital technologies, Artificial Intelligence (AI), data-driven insights, and capacity building to enhance the visibility and accessibility of Indian tourist destinations.
Andhra Pradesh Current Affairs
Andhra Pradesh to Host 31st CII Partnership Summit 2026
The 31st Confederation of Indian Industry (CII) Partnership Summit will be held in Visakhapatnam, Andhra Pradesh, on 12–13 November 2026. The summit will focus on strengthening international trade, investment, and business partnerships. The theme of the summit is “Navigating Change: Leadership, Technology, Trust and Trade in a Transforming World.”
Economy
RBI Introduces Pilot Framework for Compensation in Digital Scam Cases
The Reserve Bank of India (RBI) has introduced a pilot compensation framework to protect customers who lose money in certain digital frauds and cyber scams. Effective from 1 January 2027 for one year, the revised framework expands customer protection beyond unauthorised transactions to include cases involving coercion (such as digital arrest scams) and fraudulently obtained banking credentials.
Highlights
- The pilot framework will be effective from 1 January 2027 for a period of one year.
- Customers can claim compensation for losses caused by:
- Digital arrest scams
- Transactions made under coercion or duress
- Fraudulently stolen OTPs or banking credentials
- Unauthorised transactions due to bank or third-party security breaches
- Customers must report the fraud to the National Cyber Crime Helpline (1930) within 5 calendar days to be eligible.
- The scheme covers losses of up to ₹50,000.
- Eligible customers can receive 85% of the loss, subject to a maximum compensation of ₹25,000.
Union Cabinet Approves Additional ₹30,000 Crore Investment in NIIF
The Union Cabinet approved an additional investment of ₹30,000 crore in the National Investment and Infrastructure Fund (NIIF) to support the creation of new investment funds and strengthen infrastructure financing in India. With this approval, the Government of India’s total commitment to NIIF has increased to ₹60,000 crore.
About NIIF
- Established: 2015
- Type: Sovereign-anchored investment fund
- Government of India Shareholding: 49%
- Objective: To mobilise long-term domestic and international capital for infrastructure and other strategic sectors in India.
Defence
SIPRI Yearbook 2026
The Stockholm International Peace Research Institute (SIPRI), an independent international institute based in Stockholm, Sweden, released its SIPRI Yearbook 2026, which reported that 12 of India’s estimated 190 nuclear warheads are operationally deployed for the first time. SIPRI clarified that this reflects the strengthening of India’s second-strike capability through the operationalisation of its nuclear triad, particularly the Arihant-class nuclear-powered ballistic missile submarines (SSBNs). The report does not indicate any change in India’s long-standing No First Use (NFU) nuclear doctrine.
About SIPRI
- Full Form: Stockholm International Peace Research Institute (SIPRI)
- Established: 1966
- Headquarters: Stockholm, Sweden
- Nature: Independent international research institute
- Known For: Research and reports on global conflicts, military expenditure, arms transfers, arms control, and nuclear weapons.
Sports
India Wins Historic First Gold at World Rowing Cup
India created history at the World Rowing Cup III 2026 held in Lucerne, Switzerland, by winning its first-ever gold medal in the competition. The Indian duo Lakshay and Ujiwal Kumar Singh, both serving in the Indian Army, secured the gold medal in the Lightweight Men’s Double Sculls event. They finished ahead of Hong Kong (Silver) and the Netherlands (Bronze), marking a landmark achievement for Indian rowing on the international stage.
Daily Current Affairs Quiz
Q1. Under the RBI’s pilot compensation framework for digital scam victims, what is the maximum compensation that an eligible customer can receive?
A. ₹10,000
B. ₹25,000
C. ₹50,000
D. ₹85,000
Show Answer
Answer: B. ₹25,000
Explanation: Under the RBI’s pilot framework, eligible customers who report specified digital frauds within five days can receive 85% of their loss, subject to a maximum compensation of ₹25,000 for losses up to ₹50,000.
Q2. According to the SIPRI Yearbook 2026, India is estimated to possess approximately how many nuclear warheads?
A. 120
B. 150
C. 190
D. 250
Show Answer
Answer: C. 190
Explanation: According to the SIPRI Yearbook 2026, India possesses an estimated 190 nuclear warheads, of which around 12 are operationally deployed as part of its credible minimum deterrence strategy.
Q3. According to the Delhi Electric Vehicle (EV) Policy 2026, from which date will only electric two-wheelers be eligible for new registration in Delhi?
A. 1 July 2026
B. 1 January 2027
C. 1 April 2028
D. 31 March 2030
Show Answer
Answer: C. 1 April 2028
Explanation: Under the Delhi EV Policy 2026, only electric two-wheelers will be eligible for new registration from 1 April 2028. The policy aims to reduce vehicular emissions and promote clean transportation in the national capital.
Q4. Consider the following statements regarding the National Investment and Infrastructure Fund (NIIF):
1. The Government of India holds a 49% stake in the National Investment and Infrastructure Fund (NIIF).
2. With the latest Union Cabinet approval, the Government of India’s total commitment to NIIF has increased to ₹60,000 crore.
Which of the statements given above is/are correct?
B. 2 only
C. Both 1 and 2
D. Neither 1 nor 2
Show Answer
Answer: C. Both 1 and 2
Explanation: The National Investment and Infrastructure Fund (NIIF) is a sovereign-anchored investment fund in which the Government of India holds a 49% stake. Following the recent Union Cabinet approval of an additional ₹30,000 crore, the Government’s total commitment to NIIF has increased to ₹60,000 crore.
Q5. Who won India’s historic first gold medal at the World Rowing Cup III 2026?
A. Arjun Lal Jat and Arvind Singh
B. Lakshay and Ujiwal Kumar Singh
C. Balraj Panwar and Parminder Singh
D. Dattu Bhokanal and Om Prakash
Show Answer
Answer: B. Lakshay and Ujiwal Kumar Singh
Explanation: Lakshay and Ujiwal Kumar Singh won India’s maiden gold medal at the World Rowing Cup III 2026 in Lucerne, Switzerland, in the Lightweight Men’s Double Sculls event.
Q6. The 31st Confederation of Indian Industry (CII) Partnership Summit 2026 will be hosted in which city?
A. Hyderabad
B. Amaravati
C. Visakhapatnam
D. Bengaluru
Show Answer
Answer: C. Visakhapatnam
Explanation: Andhra Pradesh will host the 31st CII Partnership Summit in Visakhapatnam on 12–13 November 2026. The summit aims to promote global trade, investment, and business partnerships under the theme “Navigating Change: Leadership, Technology, Trust and Trade in a Transforming World.”
Q7. Greece recently became the _____ country to adopt India’s Unified Payments Interface (UPI) for digital payments.
A. 8th
B. 9th
C. 10th
D. 11th
Show Answer
Answer: C. 10th
Explanation: With the launch of UPI services in Greece through a partnership between NPCI International Payments Limited (NIPL) and Eurobank, Greece became the 10th country where UPI is operational.
Q8. The Ministry of Tourism recently signed a Memorandum of Understanding (MoU) with which company to strengthen the digital promotion of India’s tourism destinations?
A. Microsoft India
B. Google India Pvt. Ltd.
C. Infosys Ltd.
D. Tata Consultancy Services (TCS)
Show Answer
Answer: B. Google India Pvt. Ltd.
Explanation: The Ministry of Tourism signed an MoU with Google India Pvt. Ltd. to enhance the digital promotion of India’s tourism destinations through artificial intelligence, digital technologies, data-driven insights, and capacity-building initiatives.
Frequently Asked Questions
What is the Delhi EV Policy 2026?
The Delhi EV Policy 2026 is a new policy aimed at promoting electric mobility and reducing air pollution in the national capital. Under the policy, only electric three-wheelers and N1 trucks can be registered from 1 January 2027, while only electric two-wheelers can be registered from 1 April 2028. The policy also provides purchase incentives, scrapping incentives, and support for EV charging infrastructure.
Which is the 10th country to accept UPI?
Greece became the 10th country to adopt India’s Unified Payments Interface (UPI) through a partnership between NPCI International Payments Limited (NIPL) and Eurobank.
List of countries that accept UPI?
As of June 2026, UPI is operational in the following 10 countries: Singapore, United Arab Emirates (UAE), France, Mauritius, Nepal, Bhutan, Qatar, Sri Lanka, Cambodia, and Greece.
Where will the 31st CII Partnership Summit be held?
The 31st Confederation of Indian Industry (CII) Partnership Summit will be held in Visakhapatnam, Andhra Pradesh, on 12–13 November 2026. The theme is “Navigating Change: Leadership, Technology, Trust and Trade in a Transforming World.”
What is the National Investment and Infrastructure Fund (NIIF)?
The National Investment and Infrastructure Fund (NIIF) is a sovereign-anchored investment fund established by the Government of India in 2015 to finance infrastructure and other strategic sectors. The Government of India holds a 49% stake, while the remaining investment comes from domestic and international institutional investors.
What is the corpus of the National Investment and Infrastructure Fund (NIIF)?
Following the Union Cabinet’s approval of an additional ₹30,000 crore, the Government of India’s total commitment to NIIF has increased to ₹60,000 crore. This investment will support new infrastructure-focused funds and attract additional domestic and global investments.
Disclaimer: This article is prepared for competitive exam preparation using publicly available information.
Join Our Community
Study with the ReadingRoomz Community
Join thousands of APPSC aspirants. Get daily current affairs, MCQs, PDFs, and preparation guidance — all in one place.
