Current Affairs 7 August 2026: Latest Current Affairs Questions & Answers

Current Affairs 7 August 2026: Latest Current Affairs Questions & Answers

Daily Current Affairs 2026 for SSC, Railway, Banking, Police, Defence & Other Competitive Exams

Current Affairs 2026: Current Affairs is an important section of many competitive examinations. SSC, Railway, Banking, Police, Defence, UPSC, State PSC and other examinations may include questions related to national events, government initiatives, economy, science, important days and other recent developments. This article presents selected important current affairs and exam-oriented questions based on information available from official sources.

Current Affairs 7 August 2026 – Important Highlights

Topic	Important Information
Important Day	National Handloom Day – 7 August
Handloom Sector	35.22 lakh weavers and allied workers
Women Participation	More than 72% of the workforce
Government Campaign	Nasha Mukt Yuva for Viksit Bharat Sankalp Abhiyan
Space & Science	ISRO Scientist/Engineer 'SC' Recruitment 2026
Banking & Economy	RBI Policy Repo Rate – 5.25%

1. National Handloom Day 2026

7 August 2026

India observes National Handloom Day every year on 7 August. The day recognises the contribution of India's handloom community and highlights the country's rich weaving heritage.

According to information released by the Press Information Bureau, the handloom sector currently represents around 35.22 lakh weavers and allied workers, with women accounting for more than 72% of the workforce.

Exam Point: National Handloom Day is observed every year on 7 August. The day is an important fact for SSC, Railway, Banking and other competitive examinations.

Q1. When is National Handloom Day observed in India?

Answer: 7 August

Q2. Approximately how many weavers and allied workers are associated with India's handloom sector?

Answer: Approximately 35.22 lakh

2. Women’s Contribution to the Handloom Sector

Current Affairs 2026

The handloom sector is not only an important part of India's cultural heritage but also provides employment and livelihood opportunities to a large number of people, particularly in rural and traditional weaving communities.

Government information released for National Handloom Day 2026 states that more than 72% of the handloom workforce is made up of women. This makes the sector especially significant from the perspective of women's participation in India's traditional economic activities.

Q3. More than what percentage of the handloom workforce consists of women?

Answer: More than 72%

Q4. Which sector is closely associated with India's traditional weaving heritage?

Answer: Handloom Sector

3. Nasha Mukt Yuva for Viksit Bharat Sankalp Abhiyan

2 August 2026

The Nasha Mukt Yuva for Viksit Bharat Sankalp Abhiyan was scheduled for launch on 2 August 2026. The initiative focuses on creating awareness among young people about the harmful effects of substance abuse and strengthening public participation towards a drug-free society.

The campaign is relevant for competitive examination preparation because questions may be asked about the name, date and objective of important government initiatives and campaigns.

Q5. On which date was the Nasha Mukt Yuva for Viksit Bharat Sankalp Abhiyan scheduled to be launched?

Answer: 2 August 2026

Q6. What is the main focus of the Nasha Mukt Yuva campaign?

Answer: Creating awareness among youth about substance abuse and promoting a drug-free society.

4. ISRO Scientist/Engineer 'SC' Recruitment 2026

28 July – 17 August 2026

The Indian Space Research Organisation (ISRO) has opened recruitment for the post of Scientist/Engineer 'SC' through Centralised Recruitment (ICRB).

The official ISRO recruitment page lists Advertisement Number ISRO:ICRB:02(EMC-CEPO):2026. The advertisement date is 28 July 2026 and the last date for submission of applications online is 17 August 2026.

Exam Point: ISRO Scientist/Engineer 'SC' Recruitment 2026 is an important science, technology and employment-related current affair.

Q7. What is the last date to apply online for ISRO Scientist/Engineer 'SC' Recruitment 2026?

Answer: 17 August 2026

Q8. What is the advertisement number for the ISRO Scientist/Engineer 'SC' Recruitment 2026?

Answer: ISRO:ICRB:02(EMC-CEPO):2026

5. RBI Current Rates – Banking Current Affairs

RBI Current Rates

Reserve Bank of India (RBI) policy rates are important for Banking, SSC and other competitive examinations. According to the RBI's available current-rates information, the Policy Repo Rate is 5.25%.

RBI Rate	Rate
Policy Repo Rate	5.25%
Standing Deposit Facility Rate	5.00%
Marginal Standing Facility Rate	5.50%
Bank Rate	5.50%
Cash Reserve Ratio (CRR)	3.00%
Statutory Liquidity Ratio (SLR)	18.00%

Q9. What is the RBI Policy Repo Rate according to the available current-rates information?

Answer: 5.25%

Q10. What is the Cash Reserve Ratio (CRR) listed by RBI?

Answer: 3.00%

Current Affairs 2026 – Quick Revision

Question	Answer
When is National Handloom Day observed?	7 August
How many handloom weavers and allied workers are mentioned in the 2026 information?	35.22 lakh
Women’s participation in the handloom workforce?	More than 72%
Nasha Mukt Yuva campaign launch date?	2 August 2026
ISRO Scientist/Engineer 'SC' application last date?	17 August 2026
ISRO Scientist/Engineer 'SC' Advertisement Number?	ISRO:ICRB:02(EMC-CEPO):2026
RBI Policy Repo Rate?	5.25%
RBI CRR?	3.00%

How to Prepare Current Affairs for Competitive Exams

• Read important national and international developments regularly.
• Make short notes of important government schemes and campaigns.
• Remember important days, dates, themes and related organisations.
• For Banking exams, revise RBI rates, banking terms and financial developments.
• For SSC and Railway exams, focus on government initiatives, awards, science, sports, important appointments and national events.
• Revise the previous 6 to 12 months of current affairs before the examination.

Official Sources: Press Information Bureau (PIB), Reserve Bank of India (RBI) and Indian Space Research Organisation (ISRO). Candidates should always check the respective official website or official notification for the latest information before relying on any recruitment or examination-related detail.

Disclaimer: This article is prepared for educational and competitive examination preparation purposes. Current affairs, government programmes, recruitment dates and financial rates may change or be updated. Readers should verify important information from the relevant official source before taking any action.