📅 Daily Current Affairs — 3 June 2026 For: UPSC | SSC | RPSC | RAS | Railway | Banking & All Competitive Exams ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 1. DRDO & IAF Successfully Test RudraM-II Air-to-Surface Missile [Defence & Technology] India achieved a major milestone in its indigenous defence programme as the Defence Research and Development Organisation (DRDO) and the Indian Air Force (IAF) successfully conducted flight tests of the RudraM-II air-to-surface missile. The missile was launched from a Sukhoi Su-30MKI fighter jet at the Integrated Test Range (ITR) in Chandipur, off the coast of Odisha, on 2 June 2026. RudraM-II is an advanced solid-propellant, air-launched missile developed primarily for Suppression and Destruction of Enemy Air Defences (SEAD/DEAD) missions. It is capable of engaging radar stations, command-and-control centres, and air defence systems at a strike range of up to 350 km. The missile was developed by DRDO's Research Centre Imarat (RCI), Hyderabad, with support from HAL and several other DRDO labs. The test was conducted under extreme release conditions and followed a critical flight trajectory, validating all subsystems including propulsion, guidance, and control algorithms. Telemetry data confirmed the missile struck a predefined target with high accuracy. Defence Minister Rajnath Singh congratulated all teams, calling it a step forward in India's goal of Aatmanirbhar Bharat in defence. ⭐ Exam Note: Developed by RCI Hyderabad | Launched from Su-30MKI | SEAD mission role | Part of RudraM series (I, II, III, IV) ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 2. Bangladesh's Khalilur Rahman Elected President of 81st UN General Assembly [International Affairs] In a significant diplomatic development, Bangladesh's Foreign Minister Dr. Khalilur Rahman was elected President of the 81st session of the United Nations General Assembly (UNGA) on 2 June 2026. The election was held at the UN Headquarters in New York, where Dr. Rahman secured 99 votes out of 190 ballots cast, defeating Cyprus's candidate Ambassador Andreas S. Kakouris who received 91 votes. This is Bangladesh's second time holding the prestigious position. The first was in 1986–87, when Humayun Rashid Choudhury served as President of the 41st UNGA session. Dr. Khalilur Rahman is a veteran diplomat who served 25 years in the UN Secretariat in roles related to trade and development. The UNGA presidency rotates among the five UN regional groups; the 81st session falls under the Asia-Pacific group. Dr. Rahman's term will begin on 8 September 2026 and coincide with the selection of a new UN Secretary-General to succeed António Guterres, whose term ends on 31 December 2026. ⭐ Exam Note: 81st UNGA session | Asia-Pacific group's turn | 99 vs 91 votes | Term begins 8 Sept 2026 | 2nd Bangladeshi to hold this post ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 3. RBI Annual Report 2025–26: Balance Sheet Expands 20.6% to ₹91.97 Lakh Crore [Economy & Banking] The Reserve Bank of India (RBI) released its Annual Report for 2025–26, revealing a significant expansion in its balance sheet. The RBI's balance sheet grew by 20.6%, rising from ₹76.25 lakh crore to ₹91.97 lakh crore as of 31 March 2026. Domestic investments of the RBI surged by 44.9%, reaching ₹22.59 lakh crore. Gold holdings saw a remarkable increase of 63.8%, rising to ₹10.94 lakh crore. The report also flagged a concerning 46% rise in fraud amounts to ₹48, 021 crore during the year. The Annual Report reflects the health of India's monetary system, foreign exchange reserves, and banking sector regulation. It outlines the RBI's policy actions including interest rate decisions, liquidity management, and regulatory changes impacting banks and NBFCs across the country. ⭐ Exam Note: Balance sheet ₹91.97 lakh crore | Gold holdings +63.8% | Fraud amount ₹48, 021 crore (+46%) | Domestic investments +44.9% ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 4. PM SVANidhi Scheme Completes 6 Years — Extended to March 2030 [Government Schemes & Social Welfare] The PM Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi) scheme completed six years since its launch in June 2020. The scheme was introduced to provide affordable working capital loans to street vendors whose livelihoods were severely impacted by the COVID-19 pandemic lockdowns. In six years, the scheme has disbursed 1.12 crore loans worth ₹17, 800 crore to approximately 75 lakh street vendors across India. The scheme offers collateral-free loans in three progressive tranches: ₹10, 000 (initial), ₹25, 000 (second), and ₹50, 000 (third tranche). The Government has extended PM SVANidhi until March 2030. The scheme is administered by the Ministry of Housing and Urban Affairs (MoHUA) and is implemented through urban local bodies, scheduled commercial banks, microfinance institutions, and self-help groups across all states. ⭐ Exam Note: Launched June 2020 | 3 loan tranches: ₹10K, ₹25K, ₹50K | 75 lakh vendors benefited | Extended till March 2030 | Ministry: MoHUA ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 5. New Lizard Species 'Mesalina bishnoi' Discovered in Rajasthan [Environment & Biodiversity] Scientists from the Zoological Survey of India (ZSI) have identified a new lizard species named Mesalina bishnoi near Gajner in Bikaner district of Rajasthan. This marks the first confirmed record of the genus Mesalina in India. The species is named after the Bishnoi community of Rajasthan, renowned for their centuries-old tradition of protecting wildlife and nature. The Bishnoi community is famous for the 1730 Khejarli massacre, where 363 Bishnois sacrificed their lives to protect Khejri trees. The lizard has a snout-vent length of approximately 39.2 mm and belongs to the family Lacertidae. The Zoological Survey of India works under the Ministry of Environment, Forest and Climate Change as the apex national institution for faunal diversity surveys in India. ⭐ Exam Note: First Mesalina genus in India | Found in Gajner, Bikaner (Rajasthan) | Named after Bishnoi community | Discovered by ZSI scientists ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 6. World Bicycle Day 2026 — Observed on 3 June [Important Days & Environment] World Bicycle Day is observed globally on 3 June every year. The day was officially declared by the United Nations General Assembly in April 2018, following a proposal by Professor Leszek Sibilski. The resolution recognised the bicycle as a unique, sustainable, affordable, and environmentally friendly mode of transport. The day aims to promote cycling as a means of sustainable transportation, healthy lifestyle, and environmental conservation. In India, the government is encouraging cycling infrastructure in smart cities as part of its climate commitments and National Urban Transport Policy. World Bicycle Day is relevant for exams in the context of Sustainable Development Goals (SDG 11 — Sustainable Cities) and climate action (SDG 13). The bicycle is symbolic of inclusive mobility and a key tool for last-mile connectivity in both rural and urban India. ⭐ Exam Note: Declared by UNGA in April 2018 | Observed: 3 June annually | Relevance: SDG 11 & 13 | Sustainable transport theme ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━ Daily Current Affairs 3 June 2026 | Current Affairs UPSC SSC RPSC RAS 2026 | Today GK June 2026 | Current Affairs Jaipur 📲 Follow us daily for more current affairs updates!