Jan 7th, 2026 Current Affairs: 15 Must-Know Points & Quiz for SSC, UPSC & Banking

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Summarized Facts from 7/1/26 newspaper:

VB-GRAM G Act: Replaces MGNREGA to introduce the Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission (Gramin). [Ensures direct wage transfer to labourers]. [Government Schemes]

International Year for Rangelands and Pastoralists: The United Nations has declared the year 2026 as this. [Focus on grasslands and savannahs protection]. [International Summits]

General Upendra Dwivedi: The Chief of Army Staff (COAS) visited the UAE and addressed the National Defence College. [Discussed modern warfare and technology]. [Defence]

Siddaramaiah: Equalled D. Devaraj Urs’ record for the longest tenure as the Chief Minister of Karnataka. [State News/Appointments]

Suresh Kalmadi: Former Union Minister and Indian Olympic Association (IOA) President passed away at 81. [Former Indian Air Force pilot]. [Obituaries]

Dharmendra Pradhan: Released 55 volumes of literary works in classical Indian languages and the Tirukkural in sign language. [Promoting linguistic heritage]. [Culture/National]

PLI Scheme (Automobile): Ministry of Heavy Industries proposed doubling the allocation to ₹5,800 crore for FY 2026-27. [Incentivizes domestic value addition]. [Economy]

Competition Commission of India (CCI): Found Tata Steel, JSW Steel, and SAIL liable for breaching antitrust laws. [Accused of price collusion]. [Economy]

Squash World Cup: India won its maiden gold medal by defeating Hong Kong. [Event held in Chennai]. [Sports]

Jammu & Kashmir U-16 Team: Clinched the Vijay Merchant Trophy Plate Group title, marking the UT’s first-ever BCCI crown. [Defeated Mizoram]. [Sports]

Aditya-L1 Mission: ISRO released an ‘Announcement of Opportunity’ (AO) for scientific data analysis on the mission’s 2nd anniversary. [Reached L1 point in Jan 2024]. [Science & Tech]

Australian Open: The total prize money for the tournament has been increased to a record A$111.5 million. [Highest in tournament history]. [Sports]

Nicolas Maduro: Venezuelan President captured by U.S. military forces in a cross-border operation. [Sparked global diplomatic tensions]. [International]

Mette Frederiksen: Danish Prime Minister stated that a U.S. takeover of Greenland would signify the end of the NATO alliance. [Response to U.S. President’s comments]. [International]

Income Tax Trends: A 22% increase was recorded in individuals declaring an annual income of over ₹1 crore in FY26. [Total ITR filings grew by 1.22%]. [Economy]

 

Results

#1. The proposed ‘VB-GRAM G Act’, aimed at ensuring direct wage transfers to labourers, is set to replace which existing scheme?

#2. The United Nations has declared the year 2026 as the International Year of:

#3. General Upendra Dwivedi, who recently addressed the National Defence College in the UAE, holds which position?

#4. Chief Minister Siddaramaiah recently equalled the record of D. Devaraj Urs for the longest tenure as the CM of which state?

#5. Suresh Kalmadi, who passed away at the age of 81, was the former President of which sports body?

#6. Who released 55 volumes of literary works in classical Indian languages and the Tirukkural in sign language?

#7. The Ministry of Heavy Industries has proposed doubling the PLI scheme allocation for the automobile sector to approximately:

#8. The Competition Commission of India (CCI) recently found which group of companies liable for breaching antitrust laws?

#9. India won its maiden gold medal in the Squash World Cup by defeating which team in the final?

#10. The Jammu & Kashmir U-16 cricket team created history by winning which BCCI tournament title?

#11. ISRO released an ‘Announcement of Opportunity’ for scientific data analysis to mark the 2nd anniversary of which mission?

#12. The total prize money for the Australian Open has been increased to a record high of:

#13. Which world leader was reportedly captured by U.S. military forces in a cross-border operation, sparking global tension?

#14. Danish Prime Minister Mette Frederiksen stated that a U.S. takeover of which territory would end the NATO alliance?

#15. According to recent tax data for FY26, the number of individuals declaring an annual income of over ₹1 crore increased by:

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