Today Current Affairs April 01

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❶ Q: Which financial year begins in India on 1 April 2026?
➡️ Answer: Financial Year 2026–27

❷ Q: Which scheme is often implemented from the beginning of a financial year in India?
➡️ Answer: Union Budget Schemes Implementation

❸ Q: Which Indian ministry is responsible for preparing the Union Budget?
➡️ Answer: Ministry of Finance

❹ Q: Which new tax-related changes generally come into effect from 1 April?
➡️ Answer: Income Tax Rules & GST Updates

❺ Q: Which system allows instant money transfer in India?
➡️ Answer: Unified Payments Interface (UPI)

❻ Q: Which organization regulates banking and monetary policy in India?
➡️ Answer: Reserve Bank of India (RBI)

❼ Q: Which Indian platform is used for filing income tax returns?
➡️ Answer: Income Tax e-Filing Portal

❽ Q: Which global organization monitors world economic stability?
➡️ Answer: International Monetary Fund (IMF)

❾ Q: Which Indian tax applies to goods and services?
➡️ Answer: Goods and Services Tax (GST)

❿ Q: Which council is responsible for making decisions related to GST?
➡️ Answer: GST Council

⓫ Q: Which Indian initiative promotes digital payments and governance?
➡️ Answer: Digital India Programme

⓬ Q: Which Indian sector contributes the highest share to GDP?
➡️ Answer: Services Sector

⓭ Q: Which global issue affects economic growth and trade worldwide?
➡️ Answer: Geopolitical Tensions

⓮ Q: Which Indian programme promotes startups and innovation?
➡️ Answer: Startup India Initiative

⓯ Q: Why is the beginning of a financial year important?
➡️ Answer: It marks new policies, budgets, and economic planning

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