Published : August 01, 2026
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Here are exam-oriented Current Affairs important points for 2 August 2026, covering National Affairs, Economy, Defence, International Affairs, Sports and important appointments.
National & Economy
1. Nasha Mukta Yuva for Viksit Bharat Sankalp Abhiyaan is being launched on 2 August 2026 as a nationwide youth mobilisation campaign against substance abuse. The campaign is planned for 100 weeks.
2. The Union Government released an additional ₹1.09 lakh crore as tax devolution to State Governments, an important development for Centre–State fiscal relations.
3. More than 5.9 crore Income Tax Returns (ITRs) were reported filed for Assessment Year 2026–27.
4. Oil Marketing Companies reduced the price of commercial LPG cylinders with effect from the beginning of August 2026.
5. The Khelo India Scheme has received approval for an expanded outlay of ₹36,441 crore, aimed at strengthening India's sports ecosystem.
6. Indian Railways approved a ₹976-crore multitracking project on the Danapur–Fatuha section.
Banking & Economy
7. The Reserve Bank of India (RBI) is India's central bank and is responsible for monetary policy, currency management and regulation of the banking system.
8. An RBI special swap facility was reported to have mobilised around US$40.8 billion in foreign-exchange inflows.
9. For Banking exams, remember: RBI Headquarters – Mumbai.
10. RBI Governor – Sanjay Malhotra.
Defence & Important Appointments
11. Air Marshal Tejpal Singh took charge as Deputy Chief of the Air Staff.
12. Vice Admiral A. N. Pramod assumed charge as Deputy Chief of Naval Staff.
13. Ajit Doval, India's National Security Adviser, received the Lokmanya Tilak National Award 2026.
International Affairs
14. India–China border trade through Nathu La was reported to have resumed after a gap of six years.
15. Nathu La Pass is located in Sikkim and is strategically important for India–China connectivity and border trade.
16. India and Rwanda reaffirmed their commitment to expand bilateral trade and economic cooperation.
17. A magnitude 5.8 earthquake was reported in northern Japan, with no tsunami warning issued.
Sports Current Affairs
18. The 2026 Commonwealth Games are being held in Glasgow, Scotland, with 2 August marking the final day.
19. India entered the final day with 39 medals – 13 Gold, 17 Silver and 9 Bronze.
20. Asmita Dey became the first Indian judoka to win a Commonwealth Games gold medal, winning the women's 48 kg category.
21. Harsh Singh also won a judo gold for India, while Yamini Mourya won silver and Unnati Sharma bronze.
22. Avtar Singh is among India's key judo competitors on the final day, participating in the men's 100 kg category.
23. Ronaldo Singh Laitonjam is competing in the men's 1000m time trial in track cycling.
24. Lisha Das, aged 16, is the youngest member of India's Glasgow 2026 contingent and is competing in para track cycling.
25. India will officially take over as host of the 2030 Commonwealth Games, with Ahmedabad associated with the handover at the Glasgow closing ceremony.
26. The 135th Durand Cup football tournament has begun in Guwahati.
27. Indian boxers Jaismine Lamboria and Preeti Pawar were reported as gold-medal winners at the Commonwealth Games.
28. Indian badminton player Tanvi Sharma reached the Taipei Open final.
Science & Space – Quick Revision
29. ISRO Headquarters: Bengaluru, Karnataka.
30. ISRO Chairman: Dr. V. Narayanan.
31. ISRO's Bharatiya Antariksh Hackathon 2026 Grand Finale is scheduled at NRSC, Hyderabad, on 6–7 August 2026.
Most Important One-Liners for Exams
Nasha Mukta Yuva for Viksit Bharat campaign → 100 weeks
Additional tax devolution to States → ₹1.09 lakh crore
Deputy Chief of Air Staff → Air Marshal Tejpal Singh
Deputy Chief of Naval Staff → Vice Admiral A. N. Pramod
Lokmanya Tilak National Award 2026 → Ajit Doval
Nathu La Pass → Sikkim
Commonwealth Games 2026 → Glasgow, Scotland
Commonwealth Games 2030 → Ahmedabad, India
First Indian judoka to win CWG gold → Asmita Dey
Durand Cup 2026 → 135th edition
RBI Headquarters → Mumbai
ISRO Headquarters → Bengaluru
ISRO Chairman → Dr. V. Narayanan
Bharatiya Antariksh Hackathon 2026 finale → NRSC Hyderabad, 6–7 August
Exam Tip: For UPSC/APPSC, focus especially on Centre–State tax devolution, India–China border trade/Nathu La, government schemes and international relations. For SSC, Banking, Railway and Police exams, prioritise appointments, awards, sports winners, headquarters, locations and important figures.
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