Tuesday
13 October 2026
4 updates for SSC, banking, railway and Andaman exams, each checked against an official source or two news reports.
- Updates
- 4
- Topics
- 3
- Exam facts
- 4
- Quiz questions
- 5
4 key points from 10 to 12 October 2026. Each is checked against at least two news sources.
If you read only 4
- 1EconomyRBI rupee measures5 million
- 2DefenceINS Mangrol80 per cent
- 3DefenceTarang Shakti 2026The second edition of the multinational air exercise Tarang Shakti is…
- 4AwardsNobel Prize in Economics 2026Robert Hall and Michael Woodford won the prize, announced on 12…
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INS Mangrol
The Navy commissioned INS Mangrol at the Naval Dockyard, Mumbai, on 12 October. It is the third of eight Anti-Submarine Warfare Shallow Water Craft, built by Cochin Shipyard Limited with over 80 per cent indigenous content.
ASW-SWC ships are meant for coastal anti-submarine operations in shallow waters.
Tarang Shakti 2026
The second edition of the multinational air exercise Tarang Shakti is being hosted at Jodhpur, with seven foreign air forces joining.
The first edition was held in 2024.
Source: Drishti IAS, AIR News
RBI rupee measures
From 12 October the RBI supplies the full daily dollar needs of IOC, BPCL and HPCL from its reserves. It also cut the limit for forex derivative deals with no underlying exposure from 100 million to 5 million dollars and asked banks to hold a 20 per cent cash reserve on certain larger contracts.
The RBI manages foreign exchange under the Foreign Exchange Management Act, 1999.
Source: Business Today, Swarajya
Nobel Prize in Economics 2026
Robert Hall and Michael Woodford won the prize, announced on 12 October, for work on microeconomic foundations and macroeconomic stabilization.
It is formally the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.
Source: Ara