Test your UPSC CSE 2026 preparation with today’s Environment & Geography (Every Thursday) Quiz — covering Mahanadi River basin, World Earth Day, fake eyes, UNESCO World Heritage Sites and more. Previous UPSC Environment & Geography Quiz 23 April 2026 Click Here 16 April 2026 Click Here 09 April 2026 Click Here 02 April 2026 Click Here 26 March 2026 Click Here 19 March 2026 Click Here

Test your UPSC CSE 2026 preparation with today’s Economy (Every Monday) Quiz — covering PM SVANidhi scheme, repo rate, pre-payment charges on loans, Repatriation of Foreign Direct Investment (FDI) and more. 20 April 2026 Click Here 13 April 2026 Click Here 06 April 2026 Click Here 30 March 2026 Click Here 23 March 2026 Click Here 16 March 2026 Click Here

The Reserve Bank of India (RBI) recently partially eased restrictions on rupee derivative trades that were imposed earlier to prevent the currency from hitting successive record lows. On April 1, RBI had barred banks from participating in Non-Deliverable Derivative (NDD) contracts in the rupee, signaling a shift toward tighter control and transparency in the foreign exchange market. Understanding Derivatives: The Foundation Concept Before understanding NDDs, it is essential to understand...