Top 7 news for SSC, Banking & Railway exams · 5-minute read · published
Top stories: Cabinet extends Stand-Up India Scheme till March 2031 with Rs 4,111 crore guarantee corpus; Defence Ministry signs Rs 498.58 crore contract with Cochin Shipyard to refit INS Betwa; DGFT prohibits export of unsorted battery waste and scrap, including lithium-ion black mass.
A lighter news day: 7 points - only news confirmed by two independent sources makes the brief.
Cabinet extends Stand-Up India Scheme till March 2031 with Rs 4,111 crore guarantee corpus
The Union Cabinet on 11 November extended the Stand-Up India Scheme for five more years, until March 31, 2031, with a credit guarantee corpus of Rs 4,111 crore. It aims to support at least 2.5 lakh more women, SC and ST entrepreneurs with loans above Rs 10 lakh and up to Rs 1 crore, with 85 per cent guarantee cover.
Exam angle: Stand-Up India was launched in April 2016 to promote entrepreneurship among women and SC/ST communities.
Defence Ministry signs Rs 498.58 crore contract with Cochin Shipyard to refit INS Betwa
The Ministry of Defence signed a Rs 498.58 crore contract with Cochin Shipyard Limited in New Delhi on 11 November 2026 for the refit and re-powering of INS Betwa, a Brahmaputra-class frigate. The ship's steam-based propulsion will be replaced with a diesel-engine-based system and its weapon suite will be modernised.
Exam angle: Cochin Shipyard Limited is a public sector shipbuilder headquartered in Kochi, Kerala.
Sources: All India Radio official, Hindu BusinessLine
DGFT prohibits export of unsorted battery waste and scrap, including lithium-ion black mass
The Directorate General of Foreign Trade (DGFT) issued a notification moving the export policy for unsorted waste and scrap of primary cells, batteries and electric accumulators (not containing lead, cadmium or mercury) under ITC (HS) Code 85491400 from 'Free' to 'Prohibited'. The category is identified as Lithium-ion Battery Black Mass, and the change applies with immediate effect until further orders.
Exam angle: The DGFT functions under the Ministry of Commerce and Industry and administers India's Foreign Trade Policy.
Cabinet approves Rs 62,370 crore Nutrient Based Subsidy for P&K fertilisers for Rabi 2026-27
The Union Cabinet on 11 November approved Nutrient Based Subsidy rates on phosphatic and potassic fertilisers for the Rabi 2026-27 season, with a requirement of about Rs 62,370 crore. The rates apply from 1 October 2026 to 31 March 2027, and the outlay is around Rs 24,417.73 crore higher than for Rabi 2025-26.
Exam angle: The Nutrient Based Subsidy scheme for P&K fertilisers was introduced from 1 April 2010.
Sources: All India Radio official, Mint, Economic Times
Cabinet approves Rs 3,230 crore Yuge Yugeen Bharat Museum in North and South Block
The Union Cabinet on 11 November cleared the Yuge Yugeen Bharat Museum, which the Ministry of Culture will build by reusing the historic North and South Block complex in New Delhi at an estimated Rs 3,230 crore. It will have a display area of more than one lakh square metres and is planned for 30,000 visitors a day.
Exam angle: North Block and South Block in New Delhi were designed by British architect Herbert Baker.
Sources: All India Radio official, Economic Times, Mint, Hindu BusinessLine
Cabinet extends Credit Guarantee Fund for Micro Units till 2031 with Rs 5,000 crore corpus
The Union Cabinet on 11 November extended the Credit Guarantee Fund for Micro Units (CGFMU) for five years until March 31, 2031, with a corpus of Rs 5,000 crore. The fund backs loans under the Pradhan Mantri MUDRA Yojana and is meant to enable Rs 12.6 lakh crore of loans, while the annual guarantee fee was cut from 1% to 0.75%.
Exam angle: Pradhan Mantri MUDRA Yojana was launched on 8 April 2015.
Sources: Mint, Economic Times
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7Sports
India beat Maldives 1-0 to reach SAFF Championship semi-finals in Dhaka
India's men's football team beat Maldives 1-0 in a Group B match of the SAFF Championship at the National Stadium in Dhaka on 11 November. Suhail Ahmad Bhat scored the only goal from a 38th-minute penalty, and the result took the Blue Tigers into the semi-finals. India had beaten Pakistan 3-2 in their first group game.
Every morning at 6:00 AM IST we publish the 10 news points from the previous two days that matter most for SSC, Banking, Railway and State PSC exams. Each fact is confirmed in at least two independent sources, with official sources such as All India Radio and the Reserve Bank of India preferred and marked; every number and name is matched against those sources, and each point is reviewed again before it is published. Points are written in our own words, and each one names the sources it was checked against. Spotted a problem? Use “Report an error” under the point.
