In my experience, if the tang holes in the blade are the exact size for the pins....the handle scales will be a bear to get installed ( especially with three or more pins). There is also a problem with peening bolsters and end plates on if the holes are an exact fit (it can cause gaps).
By drilling the tang holes at 150% of the pin size it allows a tiny amount of wiggle room when installing the pins in the handle. Wood will "move" in sanding, drilling, and by temperature and daily humidity. What was a perfect fit when drilled on Monday may not let the last pin go through on Saturday. It is a BIG problem when you have the handle epoxied up, and are slipping the pins in...and one won't go through the tang!!!
The holes through the wood need to be just slightly larger than the rivet/pin size. You want the rivet/pin to slide in easily, with just the smallest bit of friction, but not really requiring any force. You will have to experiment with the exact size drill needed in some scrap wood - OF THE SAME WOOD TYPE - and determine what size drill bit works. In numbered/lettered bits, one number up usually is about right. In fractional size bits, 1/64 larger works, but may be a tiny bit sloppy. The resin will fill the gap, and should make that invisible.
Notes -
1) Corby bolts, and similar mounting hardware need an exact size counterbore. It is best to get the drill bit and the bolts from the same supplier if possible.
2) Sharp drill bits are very necessary in drilling wood. Fast speed and even feed rate will prevent tear-out. Wood bits have different point angles than metal bits, BTW.
3) Place a sacrificial block under the scales when drilling to prevent break-out chipping.
4) Different woods drill differently ( Doh!). Some woods leave the hole exactly as drilled, and some close up after the drill is removed. On these woods, running the bit through several times helps somewhat, but selecting the right drill size to get the required fit is a better option.