Unit 7

Data Interpretation

Sources, acquisition and classification of Data. Quantitative and Qualitative Data.

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Practice MCQs

Current Affairs

Oct 04

India’s supercomputing ecosystem reaches 40 systems and 68 PF under NSM

A PIB backgrounder reported 40 deployed supercomputers with combined capacity of 68 PF and highlighted indigenous hardware, software and scientific applications under the National Supercomputing Mission.

Oct 03

NABKISAN lists India’s first WASH-focused Social Bond and raises ₹180 crore

NABKISAN listed India’s first Social Bond dedicated exclusively to water, sanitation and hygiene and raised ₹180 crore.

Oct 02

NITI Aayog workshop advances SDG budgeting and budget tagging

A national workshop in Kolkata examined how States can tag public expenditure to Sustainable Development Goals and connect budgets with measurable development outcomes.

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Oct 01

MoSPI launches CAPEX 2026 survey on private corporate investment intentions

The National Statistics Office began the third Forward-Looking Survey on private corporate capital-expenditure intentions for October–December 2026.

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Sep 30

Current account deficit reaches 0.5% of GDP in Q1 2026-27

India recorded a current account deficit of USD 4.2 billion, or 0.5% of GDP, in the first quarter of 2026-27, while the capital account recorded a net outflow.

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Sep 23

Domestic Tourism Expenditure Survey 2025-26 released

NSO released the Domestic Tourism Expenditure Survey for July 2025–June 2026, finding pilgrimage and religious travel a major purpose of overnight trips and business trips the highest-spending specified recent category.

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Sep 21

Sources and Methods for National Accounts Statistics publication released

MoSPI released a detailed Sources and Methods publication explaining the data sources and methodology used to compile India’s national accounts.

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Sep 20

Global Gender Gap Index 2026 places India at rank 131

India was ranked 131st in the Global Gender Gap Index 2026, keeping gender participation and opportunity in focus as development indicators.

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Sep 15

PLFS August 2026 shows higher labour-force participation and stable overall unemployment

The August 2026 PLFS bulletin reported overall LFPR of 55.6%, WPR of 52.8% and unemployment of 5.0% for persons aged 15 years and above under the Current Weekly Status approach.

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Sep 15

India’s merchandise and services exports rise 15.55% in April-August 2026-27

The government estimated cumulative merchandise and services exports at USD 399.27 billion during April-August 2026-27, compared with USD 345.55 billion a year earlier.

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Sep 14

CPI inflation for August 2026 recorded at 4.82% under base 2024=100

MoSPI released August 2026 CPI data using the revised 2024=100 base, with headline retail inflation at 4.82% and food inflation at 5.95% year-on-year.

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Sep 14

WPI inflation data released for August 2026 under base 2022-23

The government released provisional Wholesale Price Index data for August 2026 using the 2022-23 base year.

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Sep 14

FSSAI amends laboratory and sample-analysis rules

FSSAI amended laboratory and sample-analysis regulations to standardise methods and set timelines for regulatory and imported food samples.

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Sep 10

First district-level estimates released for unincorporated non-agricultural sector

NSO released first-ever district-level estimates for the unincorporated non-agricultural sector, providing more granular information on small-scale economic activity.

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Sep 10

DILRMP 3.0 operational guidelines launched for digital land-record modernisation

DILRMP 3.0 was launched with operational guidelines aimed at modernising land records through digital integration and better service delivery.

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Sep 09

National-level cancer screening and treatment capacity reviewed by parliamentary committee

A parliamentary committee reviewed affordable cancer screening, diagnosis and treatment, including access to modern equipment and oncology professionals.

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Sep 08

MoSPI workshop examines harmonisation of administrative data

MoSPI held a workshop on harmonising administrative data so information generated by different government systems can be used more reliably for evidence-based governance.

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Sep 02

Japan Credit Rating Agency upgrades India sovereign rating to A-

Japan Credit Rating Agency raised India’s long-term foreign- and local-currency issuer ratings from BBB+ to A- with a stable outlook.

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Sep 02

Districts as Export Hubs strengthens place-based export promotion

The Districts as Export Hubs initiative was highlighted as a way to connect district-level production strengths with international markets.

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Sep 01

India’s Q1 2026-27 GDP growth estimated at 7.8%

Real GDP growth was estimated at 7.8% in Q1 2026-27, compared with 6.9% in Q1 2025-26.

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Aug 31

GDP estimated to grow 7.8% in Q1 2026-27

India's real GDP is estimated to have grown 7.8% in April-June 2026, above the 6.9% growth recorded in the same quarter a year earlier.

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Aug 28

IIP grows 7.8% in July 2026

Industrial production recorded 7.8% year-on-year growth in July 2026, led by manufacturing.

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Aug 07

Census and Digital India land records linked through DILRMP review

A parliamentary review of the Digital India Land Records Modernisation Programme recommended faster digitisation, online mutation and stronger digital land-record infrastructure.

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Aug 07

Digital India land records modernisation report recommends automatic mutation

The DILRMP review recommended nationwide auto-triggered online mutation to reduce manual delays in updating land records.

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Aug 05

RBI keeps repo rate at 5.25%

The Monetary Policy Committee retained the repo rate at 5.25% and maintained the neutral stance.

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Aug 04

Indian Statistical Institute Bill introduced

A Bill proposed replacing the 1959 ISI law with a new statutory structure centred on a Board of Governors and academic governance bodies.

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Aug 04

India Statistical Institute Bill proposes new governance model

The proposed ISI law creates separate policy, academic, finance and management bodies for the institute.

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Aug 01

VB-G RAM G draft audit rules released

Draft rules proposed annual audits of accounts and expenditure and social audits of works at least once every six months under VB-G RAM G.

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Jul 31

CPI inflation averages 3.9% in Q1 2026-27

Consumer inflation averaged 3.9% in the first quarter of 2026-27, while food inflation averaged 4.8%.

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Jul 07

Census 2027 preparation and caste enumeration highlighted

Preparatory work for Census 2027 continued, with caste enumeration becoming a major data-governance issue.

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Jun 29

New IIP series with 2022-23 base and Output PPI deflator released

MoSPI released the revised IIP series with base year 2022-23 and an Output Producer Price Index deflator, replacing the earlier WPI-based series.

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Jun 05

India's GDP estimated to grow 7.7% in 2025-26

MoSPI released provisional estimates showing India's real GDP is estimated to grow 7.7% in 2025-26, with Q4 growth estimated at 7.8%.

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Jun 05

RBI keeps policy repo rate unchanged at 5.25%

The RBI Monetary Policy Committee retained the repo rate at 5.25% and continued with a neutral policy stance.

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Jun 05

India records current account surplus of 0.7% of GDP in Q4 2025-26

India recorded a current account surplus of USD 7.1 billion, equal to 0.7% of GDP, in January-March 2026.

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Jun 01

SEBI proposes changes to margin trading facility framework

SEBI consulted on changes to margin trading facilities, including higher broker net-worth requirements and broader funding sources.

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May 28

Index of Industrial Production grows 4.8% in Q4 2025-26

IIP grew 4.8% in January-March 2026, with manufacturing growing 5.1%, mining 4.3% and electricity 2.7%.

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May 26

High-Level Committee constituted on demographic change due to illegal immigration

Government constituted a committee to study demographic changes attributed to illegal immigration and make recommendations on border management and deportation.

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May 20

SEBI proposes third-party payments in mutual funds

SEBI proposed allowing certain third-party payments in mutual-fund investments with safeguards for identity and auditability.

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Apr 29

Women and Men in India 2025 report released

MoSPI released the 27th edition of Women and Men in India, compiling indicators on population, education, health, economic participation and decision-making.

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Apr 29

Data for Development Summit promotes interoperable administrative data

The National Deliberative Summit on Data for Development highlighted integrated platforms, common identifiers and interoperable administrative data.

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Apr 29

India's women-led participation in higher education and work highlighted

April's gender-data release brought together indicators on women's education, health, economic participation and decision-making.

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Apr 27

India's military expenditure ranks fifth globally in SIPRI data

SIPRI's latest military-expenditure data placed India among the world's five largest military spenders.

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Apr 24

Flying Training Organisation rankings phase II released

The aviation regulator published a second phase of rankings for Flying Training Organisations using multiple performance indicators.

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Apr 15

Global Innovation Index 2025 data highlighted India's innovation performance

April current-affairs coverage highlighted India's innovation-system performance and the use of composite indicators to compare countries.

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Apr 13

CPI inflation averages 3.12% in Q4 2025-26

Consumer Price Index inflation averaged 3.12% in January-March 2026, with food inflation at 3.16%.

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Apr 13

WPI inflation averages 2.56% in Q4 2025-26

Wholesale Price Index inflation averaged 2.56% in Q4 2025-26.

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Apr 08

RBI maintains repo rate at 5.25 percent

RBI's Monetary Policy Committee retained the repo rate at 5.25% and continued with a neutral policy stance.

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Apr 08

Global tropical forest loss falls 36% in 2025

Global tropical forest loss fell by about 36% in 2025, according to widely cited satellite-based monitoring.

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Mar 25

India records 27 QS Subject Ranking entries in the global top 50

QS Subject Rankings 2026 recorded India's highest-ever number of entries in the global top 50, with 27 entries.

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Mar 23

RoDTEP remission rates restored for exporters

The government restored the previously notified RoDTEP rates and value caps after a temporary 50% cap introduced in February.

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Mar 23

SEBI proposes IT Resilience Index for market infrastructure institutions

SEBI proposed a half-yearly IT Resilience Index for stock exchanges, depositories and clearing corporations.

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Mar 23

World Meteorological Day 2026 and climate observation

World Meteorological Day on 23 March highlights the role of weather and climate observation in protecting society.

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Mar 19

India reports climate-driven changes in weather patterns and extreme events

Government evidence highlighted warming, changing rainfall patterns and increasing climate-related extremes across the Indian region.

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Mar 16

India submits Seventh National Report to Convention on Biological Diversity

India reported national biodiversity indicators and conservation progress through its Seventh National Report under the Convention on Biological Diversity.

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Mar 10

RBI raises permitted bank dividend ceiling subject to prudential conditions

RBI issued prudential directions allowing eligible regulated entities to declare dividends up to 75% of PAT under specified conditions.

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Mar 10

Jal Jeevan Mission 2.0 extended to December 2028

Cabinet restructured and extended Jal Jeevan Mission to December 2028 with a substantially enhanced outlay.

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Mar 02

India's current account deficit reaches 1.3% of GDP in Q3 2025-26

India recorded a current account deficit of USD 13.2 billion, equal to 1.3% of GDP, in October–December 2025.

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Mar 02

Industrial production grows 5.3% in Q3 2025-26

IIP growth for October–December 2025 was 5.3%, with manufacturing providing the largest weight and growth contribution.

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Feb 27

New GDP series released with base year 2022-23

MoSPI released a new GDP series with 2022-23 as the base year, replacing 2011-12. The new series estimated real GDP growth at 7.6% for 2025-26 and updated methods and data sources.

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Feb 14

Urban Challenge Fund approved

The Union Cabinet approved an Urban Challenge Fund to support urban infrastructure projects involving spatial planning, mobility, climate resilience, water supply and sanitation.

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Feb 12

CPI base year revised to 2024

MoSPI released a revised Consumer Price Index series with 2024 as the new base year, updating weights and consumption coverage to better reflect current household spending patterns.

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Feb 12

IIP base year revised to 2022-23

MoSPI revised the Index of Industrial Production base year to 2022-23. The change updates the industrial basket and weights used to measure changes in industrial output.

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Feb 09

India's climate and net-zero scenarios discussed by NITI Aayog

NITI Aayog's long-term scenarios examined pathways linking economic growth, energy demand, emissions and net-zero goals. The work illustrates the use of models and indicators in environmental policy planning.

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Feb 06

RBI keeps repo rate at 5.25 percent

The RBI Monetary Policy Committee retained the repo rate at 5.25% and maintained a neutral stance. The decision provides a current example of monetary policy, interest rates and quantitative indicators.

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Feb 06

India-US interim trade framework announced

India and the United States announced a framework for an interim trade agreement, including changes in tariff treatment and broader economic cooperation.

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Feb 04

India's Network Readiness Index 2025 position highlighted

India's Network Readiness Index 2025 position highlighted the country's progress in technology, connectivity and digital readiness, providing a composite-index example for Paper 1.

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Feb 01

Union Budget 2026-27 presented

Union Budget 2026-27 was presented on 1 February, setting out the Union government's revenue, expenditure, deficit and sectoral priorities for FY 2026-27. It is especially useful for Paper 1 because it combines percentages, fiscal indicators, development policy and higher-education allocations.

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Feb 01

National Household Income Survey 2026 launched

MoSPI launched the first pan-India National Household Income Survey, creating a new official source for household income data and analysis of inequality and living standards.

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Feb 01

16th Finance Commission report tabled in Parliament

The 16th Finance Commission report was tabled in Parliament, covering recommendations on tax devolution and fiscal relations for 2026-27 to 2030-31. It provides a major case of quantitative allocation and intergovernmental finance.

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Feb 01

Census 2027 notified with digital enumeration and caste enumeration

The government notified Census 2027, which will use digital enumeration and include caste enumeration for the first time since 1931. The census is a major example of large-scale data collection and digital public administration.

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Feb 01

India's urbanisation and infrastructure agenda in Budget 2026-27

Budget 2026-27 placed emphasis on urban infrastructure, mobility, water, sanitation and integrated planning, reflecting the need to manage rapid urbanisation through coordinated systems.

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Jan 30

GDP, IIP and CPI base revision consultations continue

MoSPI held a third pre-release consultative workshop on revising the base years and methodology for GDP, IIP and CPI. The exercise is important because statistical series need representative weights, coverage and methods to reflect structural changes in the economy.

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Jan 29

Economic Survey 2025-26 estimates FY26 real GDP growth at 7.4%

The Economic Survey 2025-26 presented in Parliament estimated real GDP growth of 7.4% for 2025-26 and projected 6.8% to 7.2% growth for 2026-27. It highlighted domestic demand, consumption, investment and sectoral performance while discussing risks from the global economy.

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Jan 29

Economic Survey highlights domestic consumption and investment as growth drivers

The Economic Survey reported strong domestic demand, with private final consumption expenditure growing 7.0% in FY26 and accounting for 61.5% of GDP. The figures provide a concrete case for interpreting ratios, percentages and macroeconomic indicators.

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Jan 29

India’s Economic Survey discusses inflation, FDI and structural growth risks

The Economic Survey 2025-26 discussed inflation, foreign direct investment, global risks and structural growth. It projected real GDP growth of 6.8% to 7.2% for 2026-27 and noted that FDI inflows remained below potential.

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Jan 28

National Household Income Survey and ASISSE consultations support updated economic statistics

MoSPI held consultations connected with the National Household Income Survey and the Annual Survey of Incorporated Service Sector Enterprises. The initiatives strengthen the statistical evidence base on household income and service-sector activity.

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Jan 27

India and European Union conclude Free Trade Agreement negotiations

India and the European Union concluded negotiations for a major Free Trade Agreement during the 16th India-EU Summit. The agreement is significant for trade, market access, services, mobility, technology and the broader relationship between India and the EU.

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Jan 20

RBI seeks comments on licensing framework for Urban Co-operative Banks

The Reserve Bank of India sought comments on a framework concerning licensing of Urban Co-operative Banks. The consultation is relevant to quantitative reasoning because banking data and prudential thresholds are interpreted through ratios, and to data interpretation because financial regulation relies heavily on measurable indicators.

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Jan 20

Global Water Bankruptcy report highlights structural water insecurity

A report from the UN University Institute for Water, Environment and Health described a global structural imbalance between water demand and available resources. It reported widespread water insecurity, declining aquifer trends and high water stress in irrigated agriculture.

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Jan 20

National Statistical Commission and statistical reform remain central to data governance

January’s statistical reform agenda continued the broader effort to strengthen the quality, coordination and methodological foundations of India’s official statistics. The issue is relevant to research aptitude and data interpretation because official indicators depend on institutional and methodological choices.

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Dec 29

India’s Index of Industrial Production grows 6.7% in November 2025

MoSPI reported 6.7% year-on-year growth in IIP for November 2025, compared with 0.4% in October. Manufacturing grew 8.0%, mining 5.4% and electricity contracted 1.5%, making the release a useful example of sectoral data and weighted index interpretation.

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Dec 18

CAG audit highlights implementation gaps in DDUGJY and SAUBHAGYA

This current affair concerns A CAG performance audit highlighted gaps in the implementation of rural-electrification schemes including differences between sanctioned and actual expenditure, beneficiary targeting and quality assurance. The development is important for Paper 1 because it provides a concrete contemporary example of public policy evaluation, infrastructure, rural development and evidence-based governance.

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Dec 18

CAG audit examines implementation of Pradhan Mantri Kaushal Vikas Yojana

This current affair concerns The CAG’s audit of PMKVY brought the design, implementation and outcome measurement of a major skill-development programme into focus. The development is important for Paper 1 because it provides a concrete contemporary example of skill development, employability, public-policy evaluation and education governance.

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Dec 15

WPI inflation turns negative at 0.32% in November 2025

The Ministry of Commerce and Industry reported that wholesale-price inflation was -0.32% in November 2025. The decline was mainly associated with lower prices in food articles, mineral oils, crude petroleum and natural gas, basic metals and electricity, providing a separate inflation indicator from the CPI.

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Dec 15

Unemployment rate falls to 4.7% in November 2025

MoSPI reported that the unemployment rate for persons aged 15 years and above fell to 4.7% in November 2025 from 5.2% in October. The same release reported an overall labour force participation rate of 55.8% and a worker population ratio of 53.2%, making the release useful for interpreting labour-market indicators.

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Dec 12

CPI inflation rises to 0.71% in November 2025

MoSPI reported that headline CPI inflation for November 2025 was 0.71% year-on-year, while food inflation remained negative at -3.91%. The release also highlighted the exceptionally low inflation environment and confirmed that the existing CPI series used base year 2012=100, with a revised base-2024 series scheduled for February 2026.

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Dec 02

Standing Committee reviews the National Statistical Commission and calls for stronger statistical governance

A Parliamentary Standing Committee on Finance presented its report on the Performance Review of the National Statistical Commission. It recommended stronger statutory and institutional backing for the NSC, national standards for data collection and reporting, statistical audit mechanisms, better coverage of unorganised economic activity and greater international research collaboration. The development is directly relevant to how official statistics are produced, standardised and evaluated.

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Dec 01

India records a current account deficit of 1.3% of GDP in Q2 2025-26

India recorded a current account deficit of USD 12.3 billion, equal to 1.3% of GDP, in the July–September quarter of 2025-26. The deficit was smaller than the 2.2% of GDP recorded in the corresponding quarter of the previous year, although foreign exchange reserves declined by USD 10.9 billion during the quarter. The release is useful for understanding the balance of payments and the difference between merchandise trade and the wider current account.

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Dec 01

India’s Index of Industrial Production grows 0.4% in October 2025

India’s Index of Industrial Production recorded year-on-year growth of 0.4% in October 2025. The release provides a current example of how industrial activity is measured through a composite index covering mining, manufacturing and electricity, with manufacturing carrying the largest weight. It is particularly useful for understanding index numbers, weights and interpretation of economic data.

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