CLAT 2027 Current Affairs October 8, 2026 | RBI Repo Rate, GST Council, Cauvery Dispute, Aviation Accessibilit

1. RBI Raises Repo Rate by 25 Basis Points to 5.5%

In the news: The RBI's Monetary Policy Committee raised the repo rate by 25 basis points to 5.5% on Wednesday. It also changed its stance from neutral to "calibrated tightening", which means rate cuts are off the table for now.

The Governor, Sanjay Malhotra, cited the West Asia conflict and high crude prices. Retail inflation is expected to average about 5.8% over the next three quarters. The repo rate had been cut from 6.5% to 5.25% earlier.

What CLAT 2027 aspirants should know

• Repo rate: The rate at which the RBI lends short-term money to banks.

• SDF rate: Now 5.25%.

• MSF rate and bank rate: Now 5.75%.

• Calibrated tightening: Future action can only be a hike or a pause.

• Basis point: One-hundredth of a percentage point.

MCQs

Q1. What is the new repo rate?
A. 5.25%
B. 5.5%
C. 5.75%
D. 6.5%

Answer: B

Q2. What does "calibrated tightening" signal?
A. Rate cuts are likely soon
B. Rate cuts are off the table in the near term
C. Repo rate will be abolished
D. Only the bank rate will change

Answer: B

Q3. What is the new MSF rate?
A. 5.25%
B. 5.5%
C. 5.75%
D. 6%

Answer: C

2. GST Council Meets Today; Focus on Compliance Reforms, Not Rates

In the news: The 57th GST Council meeting is being held in New Delhi on October 8. It is the first meeting since September 2025, when rates and slabs were changed. Tax rates will not be discussed this time.

The Centre has a five-part reform plan. It covers process reforms, structural reforms, ease of doing business, exports of services, and e-commerce. Ideas include automatic invoice matching, fewer returns for small taxpayers, and one registration in the home State for sellers.

What CLAT 2027 aspirants should know

• Article 279A: Provides for the GST Council. It is chaired by the Union Finance Minister.

• Input tax credit (ITC): Credit for tax paid on inputs, used to reduce tax payable.

• Export of services: The Centre proposes to count services given to foreign clients through a branch abroad as exports.

• Refunds: Proposal to acknowledge them within 10 days, with 90% released after a risk check.

MCQs

Q1. Which Article provides for the GST Council?
A. Article 246A
B. Article 268A
C. Article 269A
D. Article 279A

Answer: D

Q2. What will the Council not discuss at this meeting?
A. Compliance reforms
B. Tax rates
C. Exports of services
D. E-commerce

Answer: B

Q3. Which meeting number is this Council meeting?
A. 55th
B. 56th
C. 57th
D. 58th

Answer: C

3. Karnataka Signals Review of Cauvery Water Allocation in Supreme Court

In the news: Karnataka told the Supreme Court it may seek a reopening of the Cauvery allocation. It called the present sharing "inequitable" and cited "changed circumstances". The reply came to Tamil Nadu's complaint about a backlog in water release.

Karnataka pointed to the Indus Waters Treaty, which the Centre also wants modified. It also said there is no scientific formula to share shortfall in bad years. The State received 551 mm of monsoon rain, a 35% deficit.

What CLAT 2027 aspirants should know

• Rebus sic stantibus: A principle that a treaty can be revisited when circumstances change fundamentally.

• Cauvery allocation: Out of 740 tmc ft, Karnataka gets 284.75, Tamil Nadu 404.25, Keralam 30 and Puducherry 7.

• Article 262: Parliament can make laws on inter-State river water disputes.

• Distress sharing: In low-flow years, States share the shortfall pro rata.

MCQs

Q1. Which principle did Karnataka cite to seek review?
A. Res judicata
B. Rebus sic stantibus
C. Stare decisis
D. Ultra vires

Answer: B

Q2. What is Tamil Nadu's share in the Cauvery allocation?
A. 284.75 tmc ft
B. 404.25 tmc ft
C. 30 tmc ft
D. 7 tmc ft

Answer: B

Q3. Which Article deals with inter-State water disputes?
A. Article 246
B. Article 252
C. Article 262
D. Article 263

Answer: C

4. Supreme Court Seeks Reply on Accessibility for Disabled Flyers

In the news: A three-judge Bench headed by CJI Surya Kant issued notice to the Civil Aviation Ministry, DGCA, Airports Authority of India, CISF and Digi Yatra Foundation. The plea says passengers with disabilities face broken equipment, humiliation and digital exclusion at airports.

The petition was filed by Turab Chimthanawala, a visually impaired company secretary and advocate. It says India is the third-largest aviation market, with over 350 million passengers a year. It alleges a "systemic failure" to apply accessibility measures.

What CLAT 2027 aspirants should know

• Rights of Persons with Disabilities Act, 2016: Requires accessible public spaces and services.

• Article 21: Right to life, which includes a life of dignity.

• Article 14: Equality before law.

• Notice: A formal court direction asking the other side to reply.

MCQs

Q1. Who heads the Bench that issued the notice?
A. Justice Pardiwala
B. CJI Surya Kant
C. Justice Viswanathan
D. Justice Bagchi

Answer: B

Q2. Which law protects the rights of persons with disabilities in India?
A. Mental Healthcare Act, 2017
B. Rights of Persons with Disabilities Act, 2016
C. Disability Welfare Act, 1995
D. Aircraft Act, 1934

Answer: B

Q3. What is India's rank among global aviation markets, as per the plea?
A. First
B. Second
C. Third
D. Fifth

Answer: C

5. Flávio Bolsonaro Leads First Round of Brazil's Presidential Election

In the news: Flávio Bolsonaro, son of former President Jair Bolsonaro, took a surprise lead in Brazil's first round on October 4. He won about 47% of the votes against 45% for President Lula da Silva.

No one crossed 50%, so a run-off will be held on October 25. Jair Bolsonaro is serving a 27-year sentence for plotting a coup in 2022 and cannot contest. Lula's camp has accused the U.S. of interfering, a charge the report does not confirm.

What CLAT 2027 aspirants should know

• Run-off: A second round between the top two if nobody gets over 50% of valid votes.

• Lula da Silva: Brazil's 80-year-old leftist President seeking a fourth term.

• Liberal Party: The Bolsonaro family's party, which doubled its Senate seats.

• Election interference: Outside efforts to influence another country's election.

MCQs

Q1. When will Brazil's run-off be held?
A. October 11
B. October 18
C. October 25
D. November 1

Answer: C

Q2. Who led the first round of the election?
A. Lula da Silva
B. Flávio Bolsonaro
C. Jair Bolsonaro
D. Michelle Bolsonaro

Answer: B

Q3. Why is Jair Bolsonaro not contesting?
A. He is retired
B. He is serving a jail sentence and is barred
C. He lost the party ticket
D. He is abroad

Answer: B

October 8, 2026 Current Affairs: Quick Revision

Candidates can revise these key facts for quick CLAT 2027 current affairs revision:

• Repo rate: Raised by 25 bps to 5.5%; stance changed to calibrated tightening

• SDF rate 5.25%; MSF rate and bank rate 5.75%

• Article 279A: GST Council; 57th meeting on October 8, no rate changes on the agenda

• Cauvery: Karnataka cites rebus sic stantibus and the Indus Waters Treaty to seek review

• Article 262: Inter-State river water disputes

• Cauvery shares (tmc ft): Karnataka 284.75, Tamil Nadu 404.25, Keralam 30, Puducherry 7

• Supreme Court notice on airport accessibility for persons with disabilities; Rights of Persons with Disabilities Act, 2016

• Brazil: Flávio Bolsonaro 47%, Lula 45%; run-off on October 25

CLAT 2027 Previous Day Current Affairs: October 01 - October 07, 2026