Daily Current Affairs and GK | 25 and 26 December 2025

Topic: Banking/Finance

1. RBI plans to inject around ₹3 trillion into banking system through open market operations and a foreign exchange swap.

• RBI will purchase government securities worth ₹2 trillion through open market operations.
• This will be carried out in four equal tranches of ₹50,000 crore each on December 29, January 5, January 12 and January 22.
• On 13 January, RBI will carry out a three-year USD/INR buy-sell swap of $10 billion.
• RBI recently carried out intervention in the foreign exchange market.
• It sold dollars to curb volatility in the rupee. As per experts, this currency market intervention had tightened rupee liquidity.
• So far in December, RBI has already injected about ₹1.45 trillion of liquidity through bond purchases and foreign exchange swaps.
• In the 1st half of this calendar year, RBI injected around ₹9.5 trillion into the banking system.
• This was done through open market purchases, long-term repo operations, and USD/INR buy-sell swaps.
• Open market operations are a monetary policy tool. RBI uses them to manage money supply and liquidity in economy.
• Open market operations involve buying and selling of government securities with commercial banks and financial institutions.
• Foreign exchange swap is a simultaneous purchase and sell of same amounts of one currency for another.

Topic: Important Days

2. National Good Governance Day: 25 December

• National Good Governance Day is observed every year on 25 December.
• This day is observed to honor former Prime Minister Atal Bihari Vajpayee on his birth anniversary.
• This day was established in 2014 to raise public awareness of government responsibility among Indian citizens.
• This day reminds us that governance is not only about administration, but also about making life better for every citizen.
• Good Governance Week (Sushasan Saptah) is observed every year from December 19 to 25.
• Atal Bihari Vajpayee served as India’s Prime Minister for three terms.
• During his leadership, India conducted the Pokhran-II nuclear tests in 1998.
• In 2015, he was awarded the Bharat Ratna, India’s highest civilian honour.