Daily Current Affairs — 03 November 2026
Daily Current Affairs · 03 November 2026
10 fully-analysed topics · 30 bilingual MCQs · 3 embedded videos · built for UPSC Prelims & Mains
🎯 30 MCQs
🎬 3 Videos
🇮🇳 Hindi + English
Indian Economy MCQ Quiz · भारतीय अर्थव्यवस्था प्रश्नोत्तरी
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Economy
Domicile-Based Reservations in Private Jobs
The debate surrounding the domicile-based job reservations has recently regained national prominence.
- Balancing regional employment aspirations with national economic integration requires skill development
- Article 14 (Equality before Law): Reserving jobs exclusively for locals creates a geography-based classification
- Article 15(1): Prohibits the State from discriminating against any citizen on grounds only of religion, race, caste, sex, or place of birth.
- Article 16(2) & 16(3) (Public Employment): Article 16(2) strictly prohibits discrimination based on residence or place of birth in public employment
Show 6 more facts
- Mandating hiring quotas is an unreasonable restriction on an employer's fundamental right to hire based on merit.
- Land Alienation and Rehabilitation: Private industries are often set up on land acquired from local farmers
- Protection from Wage Suppression: Migrant workers
- States face immense democratic pressure to secure manufacturing and service sector jobs for these local youth to prevent regional poverty
- Balkanization of the Republic: In the landmark Dr. Pradeep Jain v
- In IMT Industrial Association v. State of Haryana (2023)
3. What was the significance of IMT Industrial Association v
Which of the following statements about Domicile-Based Reservations in Private Jobs is correct?
Correct. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute.
Not quite. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute. The green option is the correct one.
Economy
Ek Bharat Shreshta Bharat
Recently, Government of India has announced a month-long programme named the 'Kashi-Tamil Sangamam' "to strengthen" and "rekindle" the cultural and civilisational bond between Tamil Nadu and Varanasi.
- This programme would be a part of the Ek Bharat Sreshtha Bharat initiative.
- Launched: It was launched in 2015 to promote engagement amongst the people of different States/UTs so as to enhance mutual understanding
- Ministry Involved: It is an initiative of the Ministry of Education.
- Activities Under the Scheme: Every State and UT in the country would be paired with another State/UT for a time period
Show 3 more facts
- Promote the Spirit of National Integration through a deep and structured engagement between all Indian States
- Showcase the rich Heritage and Culture, Customs and Traditions of either State for enabling people to understand
- Create an environment which promotes learning between States by sharing best practices and experiences.
With reference to Ek Bharat Shreshta Bharat, consider the following statements:
- This programme would be a part of the Ek Bharat Sreshtha Bharat initiative
- Launched: It was launched in 2012 to promote engagement amongst the people of different States/UTs so as to enhance mutual understanding
Which of the statements given above is/are correct?
Correct. Check each statement on its own before looking at the options. One of the two alters a figure, an institution or the direction of change stated in the source.
Not quite. Check each statement on its own before looking at the options. One of the two alters a figure, an institution or the direction of change stated in the source. The green option is the correct one.
Economy
Foreign Direct Investment in India
According to the Reserve Bank of India (RBI), India's net foreign direct investment (FDI) crashed from USD 10.1 billion in 2023–24, and just USD 0.4 billion in 2024–25.
- The sharp decline in net FDI is mainly due to increased repatriation and disinvestment by foreign firms
- About: FDI refers to investment made by a person residing outside India through capital instruments in either an unlisted Indian company or in at
- Automatic Route: An overseas investor is only required to inform the RBI after the investment is made
- The Department for Promotion of Industry and Internal Trade (DPIIT)
Show 6 more facts
- Strong Gross FDI Inflows: Gross FDI rose to USD 81 billion in 2024–25, up from USD 71.3 billion in 2023–24 and $71.4 billion in 2022–23
- Top investing countries—Singapore, Mauritius, UAE, Netherlands, and the United States—contributed over 75% of gross FDI.
- The sectors driving over 90% of OFDI growth included financial
- It mandates that entities from countries sharing a land border with India
- Global Expansion for Market Diversification: Indian firms are investing abroad to access new markets in Africa
- Companies like ONGC Videsh and Adani Group have actively invested in international resources
Which of the following statements about Foreign Direct Investment in India is correct?
Correct. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute.
Not quite. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute. The green option is the correct one.
Economy
Pradhan Mantri Kaushal Vikas Yojana (PMKVY)
India's flagship skilling programme, Pradhan Mantri Kaushal Vikas Yojana (PMKVY), is under scrutiny after the Ministry of Skill Development.
- Attendance records were manipulated to show students who never attended the programme.
- In many cases, Training Partner and Training Centre identities did not match, weakening accountability.
- State agencies reported lack of clarity on inspections, documentation, and next steps, slowing corrective action.
- About: PMKVY is the flagship skill-development scheme of the MSDE, launched in July 2015
Show 6 more facts
- Under the Scheme, every certified candidate is given a reward of Rs. 500 for clearing the exam as encouragement.
- It has trained candidates across sectors like manufacturing
- Progress: Over the years, more than 1.63 crore candidates have been trained under PMKVY in diverse sectors, such as manufacturing, construction
- PMKVY 2.0 (2016–20): 1.10 Crore candidates were trained/oriented.
- PMKVY 4.0 (2022–26): As of July 2025, over 25 lakh candidates have been trained under this phase.
- Covid-19 Response: Provided crash-course training to over 1.2 lakh health workers during the pandemic.
Which of the following statements about Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is correct?
Correct. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute.
Not quite. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute. The green option is the correct one.
Polity
Inter-State Council
Recently, the Inter-State Council (ISC) has been reconstituted with the Prime Minister as Chairman and Chief Ministers of all States and six Union Ministers as members.
- Ten union ministers will be the permanent invitees to the Inter-State Council.
- The government has also reconstituted the standing committee of the Inter-State Council with Union Home as Chairman
- Background: As part of the process of reviewing the working of the existing arrangements between the Union and the States
- One of the important recommendations of Sarkaria Commission was for establishing a permanent Inter-State Council as an independent national forum
Show 6 more facts
- The inter-state council is a recommendatory body that has been empowered to investigate and discuss subjects of common interest between the Union
- It also makes recommendations for better coordination of policy and action on these subjects
- It also deliberates on other matters of general interest to the states as may be referred by the chairman to the council.
- The Council may meet at least thrice in a year.
- There is also a Standing Committee of the Council.
- Chief Ministers of Union Territories having a Legislative Assembly and Administrators of UTs not having a Legislative Assembly
Which of the following statements about Inter-State Council is correct?
Correct. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute.
Not quite. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute. The green option is the correct one.
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Polity
Reservation for Locals in Private Sector
Recently, the Karnataka government has put on hold the "Karnataka State Employment of Local Candidates in the Industries, Factories.
- The government has now decided to review the bill comprehensively before its reintroduction in the state assembly.
- Recently, the Haryana government has announced to provide employment opportunities
- 5% reservation in Group-C and 1% in Group-B direct recruitments.
- Reservation Policy: The Bill mandates a substantial reservation of 75% for 'local candidates' in non-management positions
Show 6 more facts
- Definition of 'Local Candidate': It defines "local candidates" as individuals born in the state or living in Karnataka for at least 15 years
- Job Categorisation: It categorises jobs into management and non-management roles
- Non-management roles will include clerical, unskilled, semi-skilled, and skilled positions in the IT-ITES sector.
- Job reservation Bills or laws for domiciles have also been announced in other States including Andhra Pradesh, Madhya Pradesh and Jharkhand.
- The job quota Bill passed in the Andhra Pradesh Legislative Assembly in 2019, also reserved three-fourths of private jobs for locals.
- Balancing Equality and Affirmative Action: Domicile-based reservations present a legal challenge under India's Constitution
Which of the following statements about Reservation for Locals in Private Sector is correct?
Correct. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute.
Not quite. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute. The green option is the correct one.
Economy
Industrial Disasters in India
The explosion in a fireworks unit in Tamil Nadu's Virudhunagar.
- They have wide-ranging impacts – economic (FDI loss
- The "Inspector Raj" Fallacy: While the government aims to end "Inspector Raj" to improve Ease of Doing Business (EoDB)
- India's regulation of hazardous industries is fragmented across multiple laws and rules
- In a hyper-competitive MSME sector, this deregulation creates a monitoring vacuum where safety protocols are easily falsified.
Show 6 more facts
- Local political influence frequently shields defaulting units
- These workers are never briefed on Material Safety Data Sheets (MSDS)
- Because they aren't on the formal rolls, companies often evade Absolute Liability by settling through "ex gratia" payments, bypassing the judicial
- Macro-Economic and Geopolitical Implications The "China Plus One" Failure: Global capital
- Erosion of State Legitimacy: When the state fails to enforce safety or secure adequate compensation (as seen in the prolonged litigation of the
- Civil Unrest and Radicalization: Industrial negligence directly fuels public anger
Economy
Production Linked Incentive Scheme
Recently, a debate has emerged over the effectiveness of India's Production-Linked Incentive (PLI), an Electronics Manufacturing scheme, suggesting.
- About: The PLI scheme was conceived to scale up domestic manufacturing capability
- Launched in March 2020, the scheme initially targeted three industries: Mobile and allied Component Manufacturing
- The 14 sectors are mobile manufacturing, manufacturing of medical devices, automobiles
- The incentives given, are calculated on the basis of incremental sales
Show 6 more facts
- In FY 2017-18, mobile phone imports were USD 3.6 billion, while exports were a mere USD 334 million, resulting in a –USD 3.3 billion trade deficit.
- By FY 2022-23, imports reduced to USD 1.6 billion, while exports surged to nearly USD 11 billion, yielding a positive net exports of USD 9.8 billion.
- Assembly vs. Value Addition: The subsidy in the scheme for Mobile and allied Component Manufacturing is paid only for finishing the phone in India
- So India still imports much of what goes into the mobile phones
- Incidentally, these are the same two years when mobile phone exports jumped the most.
- Although India's aspiration to make chips is sound, chips are complex components.
With reference to Production Linked Incentive Scheme, consider the following statements:
- About: The PLI scheme was conceived to scale up domestic manufacturing capability
- Launched in March 2025 the scheme initially targeted three industries: Mobile and allied Component Manufacturing
Which of the statements given above is/are correct?
Correct. Check each statement on its own before looking at the options. One of the two alters a figure, an institution or the direction of change stated in the source.
Not quite. Check each statement on its own before looking at the options. One of the two alters a figure, an institution or the direction of change stated in the source. The green option is the correct one.
Economy
One District One Product (ODOP)
The One District One Product (ODOP) initiative has recently been in the news for its nationwide expansion, highlighting its role in promoting district-level economic development and local entrepreneurship.
- About: The One District One Product (ODOP) scheme is a flagship programme of the Ministry of Commerce and Industry
- Launched in Uttar Pradesh in 2018, starting with Moradabad's brassware, the initiative helped revive traditional crafts such as chikankari
- Currently, over 1,200 ODOP products across sectors like textiles, food processing, handicrafts
- Developed under a Public–Private Partnership (PPP) model
Show 2 more facts
- They are being developed with ₹5,000 crore interest-free support including at least ₹100 crore per State
- They will act as dedicated retail hubs to promote ODOP
Which of the following statements about One District One Product (ODOP) is correct?
Correct. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute.
Not quite. The three wrong options each change one thing from the source: a figure, the institution involved, the direction of change, or a qualifier turned into an absolute. The green option is the correct one.
Polity
Shyama Prasad Mukherji Rurban Mission
According to the Lok Sabha, Shyama Prasad Mukherji Rurban Mission (SPMRM) has performed significantly well in the last four years.
- About: It is a Centrally Sponsored Scheme (CSS)
- According to the 2011 Census, India has more than 6 lakh villages while there are around 7,000 towns and urban centres
- The GDP (Gross Domestic Product) contribution of agriculture to the nation is only about 14% while for industries
- They are identified across the country's rural areas showing increasing signs of urbanization – i.e
Show 6 more facts
- For the purposes of SPMRM, Rurban areas refer to a cluster of 15-20 villages having about 30 to 40 lakh population.
- The clusters will be geographically contiguous Gram Panchayats with a population of about 25000 to 50000 in plain and coastal areas
- The State Government identifies the clusters in accordance with the Framework for Implementation prepared by the MoRD.
- For the selection of clusters, the MoRD is adopting a scientific process of cluster selection
- Out of 300 rurban clusters, 291 Integrated Cluster Action Plans (ICAPs)
- Out of total 76,973 projected works, a total of 40,751 (55%) works are either completed or near completion.
With reference to Shyama Prasad Mukherji Rurban Mission, consider the following statements:
- About: It is a Centrally Sponsored Scheme (CSS)
- According to the 2011 Census, India has less than 6 lakh villages while there are around 7,000 towns and urban centres
Which of the statements given above is/are correct?
Correct. Check each statement on its own before looking at the options. One of the two alters a figure, an institution or the direction of change stated in the source.
Not quite. Check each statement on its own before looking at the options. One of the two alters a figure, an institution or the direction of change stated in the source. The green option is the correct one.
Indian Polity MCQ Quiz · भारतीय राजव्यवस्था प्रश्नोत्तरी
A second members-only subject quiz – lock in today's study session
Current affairs alone will not clear Prelims. Close the day on the static syllabus with this members-only quiz.
