Current Affairs and Policy Updates Flashcards - July 2026

Flashcards covering vocabulary and key concepts from the July 2026 lecture on Indian policy, international economic classifications, and environmental and sports milestones.

Insurance Surety Bonds (ISBs)

A financial instrument introduced by the Coal Blocks Allocation (Amendment) Rules, 2026, as an alternative to conventional Performance Bank Guarantees (PBGs).

Container Manufacturing Promotion Scheme (CMPS)

A $\text{₹}10,000$ crore initiative introduced in the Union Budget 2026 to encourage domestic manufacturing of shipping containers.

Clause 14.2 (Television Ratings Policy, 2026)

The regulatory trigger that mandates no rating agency can publish audience measurement metrics without an active, updated registration.

Landing Page Views

A metric excluded from formal television ratings under the 2026 framework to stop artificial viewership spikes, restricting its use to marketing only.

Lithium-ion Battery Security Loophole

A vulnerability in low-cost, unsecured Bluetooth Battery Management Systems (BMS) that allowed strangers to remotely shut down electric vehicles.

Mount Erebus

An Antarctic volcano that releases an estimated $80\,g$ of microscopic gold crystals, measuring between $20$ to $60\,\mu m$ across, every day.

AI for Good Global Commission

A United Nations-backed body of 44 global leaders, including founding members Mukesh Ambani and Sunil Bharti Mittal, focused on AI infrastructure and governance.

FY2027 Upper-Middle-Income Threshold

World Bank classification for economies with a Gross National Income (GNI) per capita between $\$4,636$ and $\$14,375$ using the Atlas method.

Togo

The only country to graduate from low-income to lower-middle-income status in the World Bank's FY2027 annual cycle.

Smt. Nidhi Khare

Secretary of the Department of Consumer Affairs who presided over the 9th Session of the Intergovernmental Group of Experts on Consumer Protection Law and Policy.

Animal Discoveries–2025

A report by the Zoological Survey of India (ZSI) noting 709 animal species additions, with Kerala contributing the highest number of new species (98).

Myotis himalaicus

A newly discovered species of long-tailed Himalayan bat found in Uttarakhand.

PaleoIndia Portal

A digital platform developed to map and document more than $5,000$ fossil specimens across India.

Beth Mooney

The Australian cricketer who became the first player to be named Player of the Final twice and Player of the Tournament twice in the Women's T20 World Cup.

Deepti Sharma

The cricketer who became the highest wicket-taker in women's international history, surpassing Jhulan Goswami's record of 355 wickets.

Subedar Hokato Hotozhe Sema

The first Paralympian to receive the Ati Vishisht Seva Medal (AVSM) and the first athlete from Nagaland to reach World No. 1 in men's Shot Put F57.

Kapalik style

A physically intense, standing performance mode of Pandavani that Dr. Teejan Bai was the first woman to perform, breaking gender barriers.

International Day of Cooperatives 2026

Observed on July 4, 2026, under the official theme 'Cooperatives for a Peaceful World'.