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UPI Charges on Merchant Payments Above ₹2,000

On 16 September 2026, the Finance Ministry of India announced that UPI merchant transactions above ₹2,000 will attract a 0.4% fee.

  • Rate: 0.4% MDR on Person-to-Merchant (P2M) transactions above ₹2,000.
  • Cap: ₹300 per transaction for payments of ₹75,000 and above.
  • Effective Date: 15 October 2026.
  • Applicability: Only for merchant payments (PhonePe, Paytm, Google Pay, etc.).

Exemptions:

  • Person-to-Person (P2P) transfers remain free.
  • Small merchants earning up to ₹1 lakh/month via UPI QR codes are exempt.
  • Essential sectors (railways, telecom, fuel, utilities) have a flat ₹5 MDR.

💡 What is UPI?

  • UPI (Unified Payments Interface) is a real-time payment system launched in 2016 by NPCI (National Payments Corporation of India).
  • It enables instant money transfers via mobile apps using:
    • Virtual Payment Address (VPA)
    • Mobile number
    • QR codes
  • Operates on IMPS infrastructure, available 24×7.

🎯 Purpose of the Fee

  • Cost Recovery: To cover infrastructure and settlement costs for high-value merchant transactions.
  • Encourage Digital Payments: Keeps small-value transactions free to promote everyday usage.
  • Balance for Merchants: Fee is far lower than debit/credit card MDR (Merchant Discount Rate).
  • Sustainability: Ensures long-term viability of UPI ecosystem.

Bhagwat Prasad Makwana Appointed Chairperson of the National Commission for Safai Karamcharis

The Government of India has appointed a new Chairperson, Vice-Chairperson and three Members to the National Commission for Safai Karamcharis (NCSK) on 7 September 2026. The appointments will remain effective up to 31 March 2028, completing the remaining tenure of the present Commission.

  • Chairperson: Shri Bhagwat Prasad Makwana
  • Vice-Chairperson: Shri Kaishab Bihari
  • Members: Shri Manoj Kumar Balmiki, Smt. Sushma Gaudiyal and Shri Ravi Ramu Kalose
  • The new team brings experience in social welfare, public service, administration and academia.
  • The appointments aim to strengthen the NCSK’s work for the rights, dignity and socio-economic welfare of Safai Karamcharis and other disadvantaged communities.
  • The Ministry of Social Justice and Empowerment welcomed the appointments and expressed confidence in the new team.

Raising Day of the Central Reserve Police Force (CRPF) – 27 July 2026

The 87th Raising Day of the Central Reserve Police Force (CRPF) was observed on 27 July 2026, marking 87 years since its founding in 1939 as the Crown Representative’s Police.

📌 Key Facts about the 87th Raising Day

  • Founded: 27 July 1939 (as Crown Representative’s Police), renamed under the CRPF Act in 1949.
  • Largest Central Armed Police Force (CAPF): Over 325,000 personnel across India.
  • Key Duties:
    • Counter-insurgency operations in Jammu & Kashmir and the Northeast.
    • Anti-Naxal operations in central India.
    • Riot and crowd control through its Rapid Action Force (RAF).
    • Security for major national events and pilgrimages.

Current Affairs MCQs : 16 July 2026

Q. During the Jagannath Rath Yatra, Lord Jagannath, Lord Balabhadra, and Devi Subhadra travel from the Shree Jagannath Temple to which temple?
जगन्नाथ रथ यात्रा के दौरान भगवान जगन्नाथ, भगवान बलभद्र और देवी सुभद्रा श्री जगन्नाथ मंदिर से किस मंदिर तक यात्रा करते हैं?

A) Lingaraj Temple (लिंगराज मंदिर)
B) Sun Temple (सूर्य मंदिर)
C) Shree Gundicha Temple (श्री गुंडिचा मंदिर)
D) Mukteshwar Temple (मुक्तेश्वर मंदिर)


Q. The Jagannath Temple at Puri, associated with the Rath Yatra, was built in the 12th century under which dynasty?
रथ यात्रा से जुड़ा पुरी का जगन्नाथ मंदिर 12वीं शताब्दी में किस राजवंश द्वारा बनवाया गया था?

A) Chola Dynasty (चोल वंश)
B) Eastern Ganga Dynasty (पूर्वी गंगा वंश)
C) Pallava Dynasty (पल्लव वंश)
D) Satavahana Dynasty (सातवाहन वंश)


Q. The FIFA World Cup 2026 Final at MetLife Stadium, New Jersey was played between:
फीफा विश्व कप 2026 का फाइनल न्यू जर्सी के मेटलाइफ स्टेडियम में किन टीमों के बीच खेला गया?

A) France and England (फ्रांस और इंग्लैंड)
B) Brazil and Spain (ब्राज़ील और स्पेन)
C) Portugal and Argentina (पुर्तगाल और अर्जेंटीना)
D) Argentina and Spain (अर्जेंटीना और स्पेन)

BEL to Supply High Power Microwave Systems to Indian Navy for Neutralizing Drone Threats

The Indian Navy has awarded a major contract under the ADITI 3.0 framework to Bengaluru-based defence technology firm Tonbo Imaging for the integration and commissioning of High Power Microwave (HPM) systems on naval platforms. These directed-energy weapons will help India counter drone swarms and disable adversary electronics, marking a significant step in indigenous defence modernization.

What is ADITI 3.0?

  • ADITI (Advanced Defence Technology Incubation) is a Government of India initiative under the Ministry of Defence.
  • It supports iDEX (Innovations for Defence Excellence) and the Defence Innovation Organisation (DIO) to incubate and validate advanced defence technologies before induction.

About High Power Microwave (HPM) Systems

  • Directed-energy weapons that use concentrated electromagnetic pulses instead of ammunition.
  • Can disable or degrade enemy electronics, sensors, and unmanned systems without kinetic damage.
  • Considered one of the most effective counters to drone swarms and asymmetric threats in maritime warfare.

Role of Tonbo Imaging

  • Selected for its indigenous expertise in vacuum tube technologies, critical for generating high peak power in HPM systems.
  • Will handle system integration, commissioning, and production supply after validation.
  • Already has a portfolio of advanced defence electronics, electro-optics, and missile seeker technologies.

Current Affairs MCQs : 9 April 2026

Q. Who is the current Governor of the Reserve Bank of India as on April 2026?
अप्रैल 2026 तक भारतीय रिज़र्व बैंक के वर्तमान गवर्नर कौन हैं?

A. Shaktikanta Das
B. Raghuram Rajan
C. Sanjay Malhotra
D. Urjit Patel


Q. In April 2026, the World Bank revised India’s GDP growth forecast for the current financial year to which level?
अप्रैल 2026 में विश्व बैंक ने चालू वित्त वर्ष के लिए भारत की जीडीपी वृद्धि दर का अनुमान किस स्तर पर संशोधित किया?

A. 6.3%
B. 6.6%
C. 7.1%
D. 7.6%

India Achieves 64.3% Social Security Coverage in 2025: Ranks 2nd Globally

India’s social security coverage surged from 19% in 2015 to 64.3% in 2025, reflecting a 45 percentage point increase in a decade, as per International Labour Organisation’s ILOSTAT data.

Over 94 crore people in India are now covered under at least one social protection benefit, making India the second-highest in the world in terms of social security beneficiaries.

ILO Director General Gilbert F. Houngbo praised India’s pro-poor and labour-friendly policies under Prime Minister Narendra Modi’s leadership.

During the International Labour Conference in Geneva, Labour Minister Dr. Mansukh Mandaviya credited the Government’s sustained efforts in creating an inclusive, rights-based social protection system, calling this the fastest global expansion in coverage.

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