Current Affairs 27/12/2025
1. Which state will present India’s first rolling budget?
Answer : Madhya Pradesh
Madhya Pradesh to Present India’s First Rolling Budget
Madhya Pradesh is set to become the first state in India to introduce a rolling budget, marking a significant reform in the country’s public finance management system. Unlike the traditional annual budget, a rolling budget adopts a multi-year financial planning framework, allowing governments to prepare budget estimates for more than one financial year at a time.
Under this system, the state will present a detailed budget for the upcoming financial year, along with indicative projections for the next two years. This approach enhances fiscal discipline by enabling better long-term planning, improved allocation of resources, and greater flexibility to adjust policies in response to changing economic conditions.
The rolling budget model is expected to strengthen policy continuity, transparency, and accountability, as departments can plan projects with a longer-term perspective. It also helps reduce uncertainties associated with annual budgeting and aligns expenditure more closely with development priorities.
By adopting this innovative budgeting mechanism, Madhya Pradesh aims to set a precedent for other states and contribute to more efficient and sustainable governance in India’s federal financial structure.
2. Who has written the book titled The Great Sanctions Hack?
Answer : Urjit Patel
The Great Sanctions Hack by Urjit Patel
The Great Sanctions Hack is a significant contemporary work authored by Urjit Patel, former Governor of the Reserve Bank of India (RBI) and a noted economist. In this book, Patel provides a critical analysis of the increasing use of economic sanctions as a tool of global geopolitics, particularly by advanced economies.
The book examines how sanctions, originally intended as targeted diplomatic measures, have evolved into powerful instruments that reshape global trade, finance, and monetary systems. Patel argues that excessive reliance on sanctions can backfire, weakening global trust in international financial institutions and accelerating the fragmentation of the world economy.
A key theme of the book is the weaponisation of currencies and payment systems, which, according to the author, encourages sanctioned countries to seek alternative financial arrangements. This trend could potentially reduce the dominance of established global currencies and undermine long-term financial stability.
Written in a clear and analytical style, The Great Sanctions Hack combines economic theory, real-world case studies, and policy insights, making it valuable for policymakers, economists, civil service aspirants, and students of international relations. The book contributes meaningfully to debates on global economic governance and the future of the international financial order.
3. The 101st birth anniversary of former Prime Minister Atal Bihari Vajpayee was observed on which date?
Answer : 25 December 2025
101st Birth Anniversary of Atal Bihari Vajpayee
The 101st birth anniversary of former Prime Minister Atal Bihari Vajpayee was observed on 25 December 2025 across India. The day holds special national significance, as it also coincides with Good Governance Day (Sushasan Diwas), instituted to highlight Vajpayee’s enduring commitment to transparent, accountable, and people-centric governance.
Atal Bihari Vajpayee, one of India’s most respected statesmen, served as Prime Minister three times and played a pivotal role in shaping modern India’s political, economic, and foreign policy landscape. His leadership was marked by landmark initiatives such as the Pokhran-II nuclear tests, Golden Quadrilateral highway project, and efforts to improve India–Pakistan relations through dialogue and diplomacy.
On the occasion of his 101st birth anniversary, various commemorative events, seminars, and governance-related programmes were organised by central and state governments, educational institutions, and public organisations. These activities aimed to reflect on his ideals of democratic values, national unity, and ethical politics.
The observance of this day serves as a reminder of Atal Bihari Vajpayee’s lasting legacy and his vision of a strong, inclusive, and well-governed India, continuing to inspire policymakers, administrators, and citizens alike.
4. Which country has announced plans to build a nuclear power plant on the Moon by 2036?
Answer : Russia
Russia’s Plan to Build a Nuclear Power Plant on the Moon
Russia has announced ambitious plans to construct a nuclear power plant on the Moon by 2036, marking a major step in long-term lunar exploration and space infrastructure development. The project is being pursued by Roscosmos, Russia’s state space agency, in collaboration with Rosatom and leading scientific institutions.
The proposed lunar nuclear power plant is intended to provide a stable and continuous energy supply for future missions, overcoming the limitations of solar power during long lunar nights. It will support critical activities such as operating rovers, scientific laboratories, communication systems, and habitation modules.
This initiative forms part of Russia’s broader vision to establish a permanent human and robotic presence on the Moon, including participation in the International Lunar Research Station (ILRS), a joint project with China. Reliable nuclear energy is seen as essential for sustaining long-duration missions and advanced research on the lunar surface.
Russia’s announcement highlights the intensifying global competition in space exploration, as major spacefaring nations increasingly focus on the Moon as a strategic platform for scientific discovery, technological advancement, and future deep-space missions. The project underscores the growing role of nuclear technology in space exploration and reflects Russia’s intent to remain a key player in the evolving lunar economy.
5. Who has been appointed as the first female Chief Secretary of Odisha?
Answer : Anu Garg
Anu Garg Appointed as Odisha’s First Female Chief Secretary
Anu Garg has made history by being appointed as the first female Chief Secretary of Odisha, the highest-ranking bureaucratic position in the state government. Her appointment is a landmark achievement in the realm of public administration, highlighting gender representation at the topmost levels of governance.
A 1991‑batch Indian Administrative Service (IAS) officer of the Odisha cadre, Anu Garg brings over three decades of administrative experience across various departments and sectors. She has held key positions including Development Commissioner‑cum‑Additional Chief Secretary, Secretary of the Planning and Convergence Department, and Additional Chief Secretary of the Water Resources Department. Her portfolio also spans leadership roles in health, women and child development, labour, and district administration.
Anu Garg’s career is noted for her strategic vision, policy implementation skills, and emphasis on inclusive development. Her elevation comes ahead of the retirement of the current Chief Secretary, reflecting the government’s confidence in her ability to drive state administration efficiently while promoting innovation and transparency.
This appointment not only breaks a long-standing gender barrier but also serves as an inspiration for women aspiring to leadership roles in bureaucracy. It underscores Odisha’s commitment to merit-based appointments and inclusive governance, setting a precedent for other states to encourage greater female participation in senior administrative roles.
6. What is the name of the mascot launched for the first Khelo India Tribal Games to be held in 2026?
Answer : Morveer
Morveer — The Official Mascot of Khelo India Tribal Games 2026
The Khelo India Tribal Games (KITG) 2026, India’s first-ever sporting event dedicated exclusively to tribal athletes, has unveiled its official mascot, Morveer. The launch was held in Bilaspur, Chhattisgarh, alongside the unveiling of the event’s logo, theme song, and other promotional elements, symbolizing the state’s role as the host of the inaugural Games.
The name Morveer carries deep cultural significance. Derived from the Chhattisgarhi words “Mor” (meaning “mine” or “our own”) and “Veer” (meaning “courage” or “valour”), the mascot embodies the spirit, resilience, and pride of India’s tribal communities. Designed to inspire young athletes, Morveer serves as a symbol of determination, teamwork, and excellence in sports.
The Khelo India Tribal Games aim to identify and nurture sporting talent from tribal regions, providing a structured platform for athletes to compete across multiple disciplines. The introduction of Morveer as the official mascot not only strengthens the identity and visibility of the Games but also emphasizes the cultural diversity and heritage of tribal India.
Morveer is expected to play a key role in promotional campaigns, educational initiatives, and engagement activities, helping to foster enthusiasm among participants and spectators alike. By combining sportsmanship with cultural pride, the mascot reflects the overarching vision of the Games: to celebrate talent, tradition, and the transformative power of sports.
7. Which festival, known as the world’s largest open-air theatre festival, has been launched in Odisha?
Answer : Dhanu Jatra
Dhanu Jatra — Odisha’s Iconic Open-Air Theatre Festival
Dhanu Jatra, held in Bargarh district of Odisha, is celebrated as the world’s largest open-air theatre festival. Spanning approximately 11 days every year, the festival recreates the legendary story of Lord Krishna’s childhood and his triumph over the tyrant King Kansa, transforming the entire town into a live theatrical stage.
During the festival, the town of Bargarh is symbolically converted into Mathura Nagari, the nearby village of Ambapali becomes Gopapura, and the Jeera River represents the Yamuna. This immersive setup allows performances to unfold on streets, riverbanks, courtyards, and other open spaces, enabling the entire community to participate actively in the enactment of mythological tales.
Dhanu Jatra is unique not only for its scale but also for its interactive and participatory format, where residents, visitors, and performers collectively bring the story to life. Its open-air staging, large-scale enactments, and continuous performances over multiple days have earned it recognition in the Guinness Book of World Records.
Beyond its cultural and entertainment value, Dhanu Jatra plays a significant role in promoting tourism, preserving folk traditions, and fostering community engagement. The festival highlights Odisha’s rich heritage in theatre, music, and storytelling, making it a landmark event in India’s cultural calendar and a model of living folklore celebrated on a grand scale.