Daily Current Affairs & GK Capsule — 2026-11-09

2-minute briefing plus a 5-question recall quiz for SSC, Banking & Railway exams.

Today's Headlines & Exam Takeaways

  1. ISRO's GSLV-F18 places NVS-03 navigation satellite into orbit (Science & Technology)
    India’s GSLV-F18 rocket successfully placed the NVS-03 navigation satellite into its intended transfer orbit. The satellite carries a third indigenously developed atomic clock to restore the NavIC constellation's minimum four-satellite strength.
    Exam Takeaway: 💡 Exam Pointer: ISRO's GSLV-F18 carried the NVS-03 navigation satellite equipped with an indigenous atomic clock to restore NavIC's minimum four-satellite standalone positioning strength.
    Sources: Newsorbitlive
  2. India's foreign exchange reserves decline by $2.69 billion to $717.056 billion (Banking & Economy)
    According to the RBI's Weekly Statistical Supplement, India's foreign exchange reserves fell by $2.69 billion to $717.056 billion for the week ended October 30, 2026. This marks the second consecutive weekly decline driven by foreign currency assets and gold reserves reduction.
    Exam Takeaway: 💡 Exam Pointer: India's forex reserves fell to $717.056 billion for the week ended October 30, 2026, marking the second consecutive weekly decline according to RBI data.
    Sources: Jagranjosh
  3. NPPA trade-margin rationalisation for 137 anti-cancer drugs takes effect (National & Governance)
    The National Pharmaceutical Pricing Authority's (NPPA) trade-margin rationalisation for 137 identified non-scheduled anti-cancer drugs takes effect on November 9, 2026. The government estimates annual consumer savings of ₹3,502.31 crore through these price reductions.
    Exam Takeaway: 💡 Exam Pointer: NPPA implemented trade-margin rationalisation for 137 non-scheduled anti-cancer drugs effective November 9, 2026, targeting estimated annual consumer savings of ₹3,502.31 crore.
    Sources: Nationpathindia
  4. RBI dismisses rumors regarding new CTS cheque book rules from January 2027 (Banking & Economy)
    The Reserve Bank of India has formally dismissed social media claims that new Cheque Truncation System (CTS) cheque books with updated security features will be introduced starting January 1, 2027. The central bank clarified that no such changes are being made to existing cheque books.
    Exam Takeaway: 💡 Exam Pointer: RBI clarified that social media claims about mandatory new CTS cheque book rules starting January 1, 2027, are factually incorrect and misleading.
    Sources: Economictimes
  5. ISB marks its 25th anniversary by launching India Research Commons and scholarships (National & Governance)
    The Indian School of Business (ISB) celebrated its 25th anniversary with ISB@25, announcing 250 annual scholarships for PGP and PGP YL programmes with up to 100% tuition waivers. It also launched the India Research Commons to provide researchers access to data, tools, and AI-enabled infrastructure.
    Exam Takeaway: 💡 Exam Pointer: ISB marked its 25th anniversary by introducing 250 annual scholarships for PGP and PGP YL programmes and launching the India Research Commons.
    Sources: Thehindu

Daily Recall Quiz (2026-11-09)

  1. Which ISRO rocket successfully placed the NVS-03 navigation satellite into orbit to restore NavIC's minimum four-satellite strength?
    • (A) PSLV-C55
    • (B) GSLV-F18
    • (C) LVM3-M4
    • (D) SSLV-D2
  2. According to the RBI's Weekly Statistical Supplement released in November 2026, what was India's foreign exchange reserves value for the week ended October 30?
    • (A) $785.706 billion
    • (B) $717.056 billion
    • (C) $719.748 billion
    • (D) $68.65 billion
  3. What is the estimated annual consumer savings targeted by the government through the NPPA's trade-margin rationalisation on anti-cancer drugs?
    • (A) ₹1,031.25 crore
    • (B) ₹2,690.00 crore
    • (C) ₹3,502.31 crore
    • (D) ₹5,000.00 crore
  4. Which institution recently dismissed rumors regarding mandatory new CTS cheque book rules starting January 1, 2027?
    • (A) SEBI
    • (B) RBI
    • (C) Ministry of Finance
    • (D) SBI
  5. The Indian School of Business (ISB) announced how many annual scholarships for its PGP and PGP YL programmes during its 25th anniversary celebrations?
    • (A) 100 scholarships
    • (B) 137 scholarships
    • (C) 250 scholarships
    • (D) 1,031 scholarships

Read the full briefing and attempt the quiz at https://testx.in/current-affairs/2026-11-09