UPSC-focused current affairs update for 07 February 2026
1️⃣ India‑USA Interim Trade Agreement Framework
What: India and the USA reached a framework for an Interim Trade Agreement to enhance trade and investment.
Key Points:
Mutual tariff structures and preferential market access agreed.
Cooperation on trade barriers, supply chains, and investments.
UPSC Relevance: Bilateral trade, economic diplomacy, Make in India, employment generation.
PM Modi’s Highlight: Boosts MSMEs, employment, and technological partnerships.
2️⃣ PM Modi’s Official Visit to Malaysia
What: PM Narendra Modi arrived in Kuala Lumpur for a two-day visit to strengthen India‑Malaysia relations.
Key Points:
Enhances India‑Malaysia Comprehensive Strategic Partnership.
Aligns with India’s Act East Policy and Indo-Pacific vision.
UPSC Relevance: Foreign policy, strategic partnerships, regional cooperation.
3️⃣ India AI Impact Summit
What: India is focusing on inclusive and responsible AI through the upcoming AI Impact Summit.
Key Points:
AI’s role in governance, education, and services.
Promotes ethical and resilient AI use.
UPSC Relevance: Science & technology governance, digital India initiatives.
4️⃣ India Semiconductor Mission 2.0
What: Launched to boost domestic semiconductor production and achieve self-reliance.
Key Points:
Focus on chip manufacturing, design, and supply chain resilience.
UPSC Relevance: Industrial policy, technology ecosystem, global value chains.
5️⃣ Other Important Government Initiatives
Extended call-center support for UPSC candidates.
Agriculture: Dalhan (pulses) conference in Madhya Pradesh.
Rail & safety: Implementation of AI-based safety systems like Kavach.
UPSC Relevance: Governance, rural development, transport safety policies.
1️⃣ India‑USA Interim Trade Agreement Framework
What: India and the USA reached a framework for an Interim Trade Agreement to enhance trade and investment.
Key Points:
Mutual tariff structures and preferential market access agreed.
Cooperation on trade barriers, supply chains, and investments.
UPSC Relevance: Bilateral trade, economic diplomacy, Make in India, employment generation.
PM Modi’s Highlight: Boosts MSMEs, employment, and technological partnerships.
2️⃣ PM Modi’s Official Visit to Malaysia
What: PM Narendra Modi arrived in Kuala Lumpur for a two-day visit to strengthen India‑Malaysia relations.
Key Points:
Enhances India‑Malaysia Comprehensive Strategic Partnership.
Aligns with India’s Act East Policy and Indo-Pacific vision.
UPSC Relevance: Foreign policy, strategic partnerships, regional cooperation.
3️⃣ India AI Impact Summit
What: India is focusing on inclusive and responsible AI through the upcoming AI Impact Summit.
Key Points:
AI’s role in governance, education, and services.
Promotes ethical and resilient AI use.
UPSC Relevance: Science & technology governance, digital India initiatives.
4️⃣ India Semiconductor Mission 2.0
What: Launched to boost domestic semiconductor production and achieve self-reliance.
Key Points:
Focus on chip manufacturing, design, and supply chain resilience.
UPSC Relevance: Industrial policy, technology ecosystem, global value chains.
5️⃣ Other Important Government Initiatives
Extended call-center support for UPSC candidates.
Agriculture: Dalhan (pulses) conference in Madhya Pradesh.
Rail & safety: Implementation of AI-based safety systems like Kavach.
UPSC Relevance: Governance, rural development, transport safety policies.
Which of the following is included in India’s GDP?
Anonymous Quiz
9%
A. Transfer payments
11%
B. Sale of second-hand goods
77%
C. Government expenditure on salaries
3%
D. Purchase of shares
Per capita income is calculated as:
Anonymous Quiz
71%
A. National income ÷ Population
9%
B. GDP ÷ Working population
17%
C. Net National Product ÷ Total area
3%
D. Gross Domestic Product ÷ Labour force
Which institution estimates National Income in India?
Anonymous Quiz
9%
A. Reserve Bank of India
23%
B. Ministry of Finance
6%
C. NITI Aayog
63%
D. National Statistical Office
Repo rate is the rate at which:
Anonymous Quiz
54%
A. RBI lends to commercial banks
23%
B. Banks lend to RBI
17%
C. Banks lend to customers
6%
D. Government borrows from RBI
Which of the following is a direct tax?
Anonymous Quiz
18%
A. GST
20%
B. Customs Duty
63%
C. Income Tax
0%
D. Excise Duty