Current Affairs 31 July 2026

In short

  • National Testing Agency faces fresh UGC-NET paper leak allegations
  • India’s consumer inflation likely breached RBI’s 4% target in June

…and 13 more stories on DIPLOMACY, POLITY, SOCIAL, DEFENCE.

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GOVERNANCE

National Testing Agency faces fresh UGC-NET paper leak allegations

Fresh allegations of a paper leak have been levelled against the National Testing Agency (NTA) in relation to the recent UGC-NET examination.[15] Reports indicate that question papers may have been compromised and shared ahead of the test through online channels, raising serious concerns about the integrity of the exam process.[15] The controversy comes amid already heightened scrutiny of the NTA following earlier issues with other national-level entrance examinations. The Ministry of Education is understood to be seeking detailed reports from the agency, and preliminary fact-finding has been initiated.[15] Opposition parties and student groups have demanded a thorough, independent probe and possible cancellation or re-conduct of the exam if malpractice is proven. These developments have fuelled larger questions about the credibility of centralised testing agencies and the need for stronger technological safeguards. The episode is likely to prompt discussions on reforms in examination administration and accountability structures.[15]

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UGC-NET is primarily conducted to determine eligibility for which of the following?

ECONOMY

India’s consumer inflation likely breached RBI’s 4% target in June

A Reuters poll suggests that India’s consumer inflation in June likely exceeded the Reserve Bank of India’s medium-term target of 4% for the first time in 16 months.[1] The expected rise is attributed to higher food and fuel prices, the impact of the ongoing U.S.–Iran conflict on global energy markets, and a weaker monsoon contributing to cost pressures.[1] Analysts indicate that this uptick may complicate the RBI’s policy stance, as it has sought to balance growth support with price stability. If confirmed by official data, the breach could prompt a more cautious approach to future rate cuts or even signal the need for tightening if inflation persists above the tolerance band. The situation underscores the vulnerability of India’s inflation trajectory to external shocks and domestic supply factors. For exam aspirants, this ties directly to understanding the inflation target, CPI dynamics, and monetary policy framework.

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Under India’s flexible inflation targeting framework, the current CPI inflation target set for the RBI is

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Current Affairs by JobSafal