7 September Current Affairs
Here are the most important current affairs of 7 September 2026, specially prepared for IBPS Clerk, SBI Clerk, IBPS PO and other competitive examinations.
1. RBI Announces ₹5 Lakh Crore Overnight VRRR Operation
The Reserve Bank of India (RBI) announced an overnight Variable Rate Reverse Repo (VRRR) operation of ₹5 lakh crore on 7 September 2026.
The move came after technical difficulties affected participation in the previously announced ₹7 lakh crore, 30-day VRRR auction. Banks submitted bids worth around ₹2.59 lakh crore in the 30-day operation.
The overnight operation is aimed at managing surplus liquidity in the banking system.
Exam Point:
Overnight VRRR → ₹5 lakh crore
Purpose → Liquidity absorption.
2. RBI's ₹7 Lakh Crore 30-Day VRRR Auction Faces Technical Issue
RBI's previously announced ₹7 lakh crore, 30-day VRRR auction faced a technical issue in the bidding process.
The bidding platform was shifted from the usual E-Kuber system to another platform because of technical issues, resulting in some banks being unable to participate.
The auction received bids of approximately ₹2.59 lakh crore.
Exam Point:
Normal RBI bidding platform → E-Kuber.
3. Chhattisgarh Ranks First in JSJB 3.0
Chhattisgarh secured the first position nationally in the third phase of the Jal Sanchay Jan Bhagidari (JSJB 3.0) initiative under the Ministry of Jal Shakti's Catch the Rain Campaign.
The state completed 77,719 out of 79,775 registered water conservation structures.
Five Chhattisgarh districts — Surajpur, Mahasamund, Balod, Balodabazar-Bhatapara and Kabirdham — featured among India's top 10 performers.
Exam Point:
JSJB 3.0 No. 1 State → Chhattisgarh.
4. IIT Madras and UNESCO MGIEP Partner for AI-Based Learning
IIT Madras and UNESCO Mahatma Gandhi Institute of Education for Peace and Sustainable Development (UNESCO MGIEP) have partnered to develop AI-based immersive learning technologies.
The initiative combines Artificial Intelligence (AI), Extended Reality (XR), game design and Social & Emotional Learning (SEL).
The objective is to create personalised and gamified learning systems, including solutions suitable for low-bandwidth environments.
Exam Point:
Partners → IIT Madras + UNESCO MGIEP.
5. DRDO and University of Hyderabad Secure Patent for BAM-H24
The Defence Research and Development Organisation (DRDO) and the Advanced Centre of Research in High Energy Materials (ACRHEM), University of Hyderabad have secured an Indian patent for BAM-H24, a next-generation solid rocket propellant fuel.
The Patent Office granted Patent No. 599900 on 20 August 2026.
BAM-H24 is a boron-, hydrogen- and nitrogen-rich energetic compound designed for use in solid rocket propulsion, missile systems and space launch vehicles.
Exam Point:
Patent → BAM-H24
Patent Number → 599900.
6. Birkbeck, University of London Gets UGC Approval for Bengaluru Campus
Birkbeck, University of London has received a Letter of Approval from the University Grants Commission (UGC) to establish its Bengaluru campus.
The campus will be located at Sattva Tech Park, Bengaluru, Karnataka, and will offer undergraduate and postgraduate programmes, particularly in business-related fields.
The approval has been granted under India's 2023 Foreign Higher Educational Institutions regulations.
Exam Point:
University → Birkbeck, University of London
Campus → Bengaluru.
7. Japan Credit Rating Agency Upgrades India's Sovereign Rating to A-
The Japan Credit Rating Agency (JCR) upgraded India's sovereign long-term foreign-currency and local-currency issuer ratings from BBB+ to A-, with a Stable Outlook.
The upgrade came after around 35 years.
JCR cited India's strong economic growth, effective policies, robust consumption and investment, and strengthening financial system as key factors behind the upgrade.
Exam Point:
India's new JCR rating → A-
Outlook → Stable.
8. Razorpay and IndusInd Bank Launch AI Account Manager 'RAY'
Razorpay and IndusInd Bank have launched RAY, a conversational AI Account Manager on WhatsApp for businesses.
RAY allows businesses to manage payments, analyse transactions, generate payment links, issue refunds and resolve queries through simple WhatsApp messages.
The platform had already recorded more than 20,000 conversations.
Exam Point:
AI Account Manager → RAY
Partners → Razorpay + IndusInd Bank.
9. SEBI and ESMA Strengthen Cooperation on Central Counterparties
The Securities and Exchange Board of India (SEBI) and the European Securities and Markets Authority (ESMA) signed an updated Memorandum of Understanding (MoU) on cooperation and exchange of information relating to Central Counterparties (CCPs).
The MoU was signed by Tuhin Kanta Pandey, Chairman of SEBI, and Verena Ross, Chair of ESMA.
The new agreement replaces the earlier MoU signed in 2017.
Exam Point:
SEBI Chairman → Tuhin Kanta Pandey
ESMA Chair → Verena Ross.
10. UNEP Report Says 1.5°C Warming Overshoot is Unavoidable
The United Nations Environment Programme (UNEP) released its report titled “Limiting Overshoot: Navigating exceedance of 1.5°C and pathways towards return.”
The report indicates that the world is now likely to temporarily exceed the 1.5°C global warming threshold above pre-industrial levels.
Even under an optimistic scenario, global temperature could peak around 1.8°C above pre-industrial levels.
Exam Point:
Organisation → UNEP
Report → Limiting Overshoot.
11. UNGA Adopts 'Correct the Map' Resolution
The United Nations General Assembly (UNGA) adopted the “Correct the Map” resolution promoting the use of the Equal Earth projection for more accurate representation of the relative sizes of countries and continents.
The resolution received 164 votes in favour.
The initiative particularly highlights the distorted representation of Africa in traditional Mercator maps.
Exam Point:
Map projection promoted → Equal Earth Projection
Votes in favour → 164.
12. Bank of Canada Unveils New CAD 20 Note Featuring King Charles III
The Bank of Canada unveiled a new CAD 20 banknote featuring King Charles III.
It is the first Canadian currency note to feature King Charles III and is expected to enter general circulation in 2027.
The note has a vertical orientation.
Exam Point:
New banknote → CAD 20
Featured monarch → King Charles III.
13. NHAI Announces Green Highways Excellence Awards 2026
The National Highways Authority of India (NHAI) announced the winners of the Green Highways Excellence Awards 2026.
The awards recognise best practices in highway landscaping and plantation management.
The awards cover three major categories:
Avenue Plantations
Median Plantations
Plantation in Land Parcels
The awards were instituted under the Green Highways Policy, 2015.
Exam Point:
Green Highways Excellence Awards → NHAI.
14. Adobe Appoints Anil Chakravarthy as President and CEO
Adobe Inc. announced the appointment of Anil Chakravarthy as its next President and Chief Executive Officer (CEO).
He will take charge from 1 December 2026 and will also join Adobe's Board of Directors.
He will succeed Shantanu Narayen, who will become Executive Chair.
Exam Point:
New Adobe CEO → Anil Chakravarthy
Effective date → 1 December 2026.
15. Punjab Launches 'Pehchaan' Portal
Punjab has launched 'Pehchaan', a statewide digital portal aimed at identifying unidentified and unclaimed deceased persons in government mortuaries.
Punjab became the first state in India to implement such a system.
The portal has been developed using Punjab's MedLeaPR system and is integrated with police, courts, health institutions and forensic laboratories.
Exam Point:
Pehchaan Portal → Punjab
Purpose → Identification of unidentified/unclaimed deceased persons.
QUICK REVISION – 7 SEPTEMBER 2026
RBI Overnight VRRR → ₹5 lakh crore
30-Day VRRR → ₹7 lakh crore
30-Day VRRR Bids → ₹2.59 lakh crore
RBI liquidity operation purpose → Liquidity absorption
JSJB 3.0 Rank 1 State → Chhattisgarh
Chhattisgarh structures completed → 77,719
IIT Madras partner → UNESCO MGIEP
DRDO + University of Hyderabad → BAM-H24 Patent
BAM-H24 Patent Number → 599900
Birkbeck University → Bengaluru Campus
JCR India Rating → A-
JCR Outlook → Stable
Razorpay + IndusInd Bank AI → RAY
RAY Platform → WhatsApp
SEBI + ESMA MoU → Central Counterparties
UNEP Report → Limiting Overshoot
UNGA Resolution → Correct the Map
Equal Earth Projection → Map representation
UNGA votes in favour → 164
Canada New Note → CAD 20
CAD 20 features → King Charles III
Green Highways Excellence Awards → NHAI
New Adobe CEO → Anil Chakravarthy
Punjab Portal → Pehchaan
1. RBI Announces ₹5 Lakh Crore Overnight VRRR Operation
The Reserve Bank of India (RBI) announced an overnight Variable Rate Reverse Repo (VRRR) operation of ₹5 lakh crore on 7 September 2026.
The move came after technical difficulties affected participation in the previously announced ₹7 lakh crore, 30-day VRRR auction. Banks submitted bids worth around ₹2.59 lakh crore in the 30-day operation.
The overnight operation is aimed at managing surplus liquidity in the banking system.
Exam Point:
Overnight VRRR → ₹5 lakh crore
Purpose → Liquidity absorption.
2. RBI's ₹7 Lakh Crore 30-Day VRRR Auction Faces Technical Issue
RBI's previously announced ₹7 lakh crore, 30-day VRRR auction faced a technical issue in the bidding process.
The bidding platform was shifted from the usual E-Kuber system to another platform because of technical issues, resulting in some banks being unable to participate.
The auction received bids of approximately ₹2.59 lakh crore.
Exam Point:
Normal RBI bidding platform → E-Kuber.
3. Chhattisgarh Ranks First in JSJB 3.0
Chhattisgarh secured the first position nationally in the third phase of the Jal Sanchay Jan Bhagidari (JSJB 3.0) initiative under the Ministry of Jal Shakti's Catch the Rain Campaign.
The state completed 77,719 out of 79,775 registered water conservation structures.
Five Chhattisgarh districts — Surajpur, Mahasamund, Balod, Balodabazar-Bhatapara and Kabirdham — featured among India's top 10 performers.
Exam Point:
JSJB 3.0 No. 1 State → Chhattisgarh.
4. IIT Madras and UNESCO MGIEP Partner for AI-Based Learning
IIT Madras and UNESCO Mahatma Gandhi Institute of Education for Peace and Sustainable Development (UNESCO MGIEP) have partnered to develop AI-based immersive learning technologies.
The initiative combines Artificial Intelligence (AI), Extended Reality (XR), game design and Social & Emotional Learning (SEL).
The objective is to create personalised and gamified learning systems, including solutions suitable for low-bandwidth environments.
Exam Point:
Partners → IIT Madras + UNESCO MGIEP.
5. DRDO and University of Hyderabad Secure Patent for BAM-H24
The Defence Research and Development Organisation (DRDO) and the Advanced Centre of Research in High Energy Materials (ACRHEM), University of Hyderabad have secured an Indian patent for BAM-H24, a next-generation solid rocket propellant fuel.
The Patent Office granted Patent No. 599900 on 20 August 2026.
BAM-H24 is a boron-, hydrogen- and nitrogen-rich energetic compound designed for use in solid rocket propulsion, missile systems and space launch vehicles.
Exam Point:
Patent → BAM-H24
Patent Number → 599900.
6. Birkbeck, University of London Gets UGC Approval for Bengaluru Campus
Birkbeck, University of London has received a Letter of Approval from the University Grants Commission (UGC) to establish its Bengaluru campus.
The campus will be located at Sattva Tech Park, Bengaluru, Karnataka, and will offer undergraduate and postgraduate programmes, particularly in business-related fields.
The approval has been granted under India's 2023 Foreign Higher Educational Institutions regulations.
Exam Point:
University → Birkbeck, University of London
Campus → Bengaluru.
7. Japan Credit Rating Agency Upgrades India's Sovereign Rating to A-
The Japan Credit Rating Agency (JCR) upgraded India's sovereign long-term foreign-currency and local-currency issuer ratings from BBB+ to A-, with a Stable Outlook.
The upgrade came after around 35 years.
JCR cited India's strong economic growth, effective policies, robust consumption and investment, and strengthening financial system as key factors behind the upgrade.
Exam Point:
India's new JCR rating → A-
Outlook → Stable.
8. Razorpay and IndusInd Bank Launch AI Account Manager 'RAY'
Razorpay and IndusInd Bank have launched RAY, a conversational AI Account Manager on WhatsApp for businesses.
RAY allows businesses to manage payments, analyse transactions, generate payment links, issue refunds and resolve queries through simple WhatsApp messages.
The platform had already recorded more than 20,000 conversations.
Exam Point:
AI Account Manager → RAY
Partners → Razorpay + IndusInd Bank.
9. SEBI and ESMA Strengthen Cooperation on Central Counterparties
The Securities and Exchange Board of India (SEBI) and the European Securities and Markets Authority (ESMA) signed an updated Memorandum of Understanding (MoU) on cooperation and exchange of information relating to Central Counterparties (CCPs).
The MoU was signed by Tuhin Kanta Pandey, Chairman of SEBI, and Verena Ross, Chair of ESMA.
The new agreement replaces the earlier MoU signed in 2017.
Exam Point:
SEBI Chairman → Tuhin Kanta Pandey
ESMA Chair → Verena Ross.
10. UNEP Report Says 1.5°C Warming Overshoot is Unavoidable
The United Nations Environment Programme (UNEP) released its report titled “Limiting Overshoot: Navigating exceedance of 1.5°C and pathways towards return.”
The report indicates that the world is now likely to temporarily exceed the 1.5°C global warming threshold above pre-industrial levels.
Even under an optimistic scenario, global temperature could peak around 1.8°C above pre-industrial levels.
Exam Point:
Organisation → UNEP
Report → Limiting Overshoot.
11. UNGA Adopts 'Correct the Map' Resolution
The United Nations General Assembly (UNGA) adopted the “Correct the Map” resolution promoting the use of the Equal Earth projection for more accurate representation of the relative sizes of countries and continents.
The resolution received 164 votes in favour.
The initiative particularly highlights the distorted representation of Africa in traditional Mercator maps.
Exam Point:
Map projection promoted → Equal Earth Projection
Votes in favour → 164.
12. Bank of Canada Unveils New CAD 20 Note Featuring King Charles III
The Bank of Canada unveiled a new CAD 20 banknote featuring King Charles III.
It is the first Canadian currency note to feature King Charles III and is expected to enter general circulation in 2027.
The note has a vertical orientation.
Exam Point:
New banknote → CAD 20
Featured monarch → King Charles III.
13. NHAI Announces Green Highways Excellence Awards 2026
The National Highways Authority of India (NHAI) announced the winners of the Green Highways Excellence Awards 2026.
The awards recognise best practices in highway landscaping and plantation management.
The awards cover three major categories:
Avenue Plantations
Median Plantations
Plantation in Land Parcels
The awards were instituted under the Green Highways Policy, 2015.
Exam Point:
Green Highways Excellence Awards → NHAI.
14. Adobe Appoints Anil Chakravarthy as President and CEO
Adobe Inc. announced the appointment of Anil Chakravarthy as its next President and Chief Executive Officer (CEO).
He will take charge from 1 December 2026 and will also join Adobe's Board of Directors.
He will succeed Shantanu Narayen, who will become Executive Chair.
Exam Point:
New Adobe CEO → Anil Chakravarthy
Effective date → 1 December 2026.
15. Punjab Launches 'Pehchaan' Portal
Punjab has launched 'Pehchaan', a statewide digital portal aimed at identifying unidentified and unclaimed deceased persons in government mortuaries.
Punjab became the first state in India to implement such a system.
The portal has been developed using Punjab's MedLeaPR system and is integrated with police, courts, health institutions and forensic laboratories.
Exam Point:
Pehchaan Portal → Punjab
Purpose → Identification of unidentified/unclaimed deceased persons.
QUICK REVISION – 7 SEPTEMBER 2026
RBI Overnight VRRR → ₹5 lakh crore
30-Day VRRR → ₹7 lakh crore
30-Day VRRR Bids → ₹2.59 lakh crore
RBI liquidity operation purpose → Liquidity absorption
JSJB 3.0 Rank 1 State → Chhattisgarh
Chhattisgarh structures completed → 77,719
IIT Madras partner → UNESCO MGIEP
DRDO + University of Hyderabad → BAM-H24 Patent
BAM-H24 Patent Number → 599900
Birkbeck University → Bengaluru Campus
JCR India Rating → A-
JCR Outlook → Stable
Razorpay + IndusInd Bank AI → RAY
RAY Platform → WhatsApp
SEBI + ESMA MoU → Central Counterparties
UNEP Report → Limiting Overshoot
UNGA Resolution → Correct the Map
Equal Earth Projection → Map representation
UNGA votes in favour → 164
Canada New Note → CAD 20
CAD 20 features → King Charles III
Green Highways Excellence Awards → NHAI
New Adobe CEO → Anil Chakravarthy
Punjab Portal → Pehchaan