Government Schemes | 08 Jul 2026

Academic Bank of Credit APAAR

PIB listed Academic Bank of Credit and APAAR as an education-related factsheet.

SSC Banking Railway Defence State Exams Difficulty: Easy Importance: 70/10

What happened

PIB listed Academic Bank of Credit and APAAR as an education-related factsheet. This update is useful for exam-oriented current affairs revision under Government Schemes/Policies.

Key point: PIB listed Academic Bank of Credit and APAAR as an education-related factsheet. Exam relevance: This fact can be asked directly in SSC, Railway, Banking, Defence and State exam current affairs sections.

Why it matters

Useful for one-liner current affairs, static-GK linkage and quick revision.

Static GK

  • Government Schemes/Policies fact: PIB listed Academic Bank of Credit and APAAR as an education-related factsheet.

MCQ Practice

1. Academic Bank of Credit and APAAR are related mainly to which sector?
  • Education
  • Defence manufacturing
  • Forest cover
  • Space tourism

Answer: Education

Why: Correct answer: A. PIB listed Academic Bank of Credit and APAAR as an education-related factsheet. Therefore, option A (Education) is correct.

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