Banking Current Affairs Quiz: 15 October 2026

The Captive Employer CXO Meet at the Rajasthan International Centre in Jaipur was held by the Ministry of Rural Development along with the Rajasthan Skill and Livelihoods Development Corporation, and its subject was the Captive Employment window of DDU-GKY 2.0.

The Digital India BHASHINI Division signed the Memorandum of Understanding with the Government of Manipur at the Manipur Chapter of the BHASHINI Rajyam Workshop, held in Imphal on 14 October 2026.

Its Secretary, Smt. Nivedita Shukla Verma, chaired the third review meeting with the campaign's nodal officers, and its Additional Secretary, Shri Puneet Yadav, presented the progress made.

For women aged 15 years and above the Labour Force Participation Rate reached that level in 2025.

That is the number of rural young people trained under the scheme to date, as disclosed at the Captive Employer CXO Meet held in Jaipur on 15 October 2026.

The Digital India BHASHINI Division works under the Digital India Corporation, which comes under that ministry, and it is advancing what the government calls a Language-First Digital Public Infrastructure for the country.

The campaign has two phases: the preparatory phase, which was completed at the end of September, and the implementation phase, which began on 2 October and runs to the end of that month.

The scheme, which began in 2015, seeks to widen access to collateral-free credit up to that amount for micro and small enterprises in non-corporate and non-farm income generating activities.

The Ministry of Rural Development has reserved that share of the targets of DDU-GKY 2.0 for Captive Employers, under whom a company trains rural candidates and absorbs them into its own workforce.

The platform supports 36 Indian languages for text, and that figure should be kept apart from the other language counts given for it.

The Department of Defence is wrong: it set up the e-Chhawani Helpdesk for grievance redressal, which is a different initiative from the same campaign.

The scheme was framed to strengthen credit delivery to micro and small enterprises and to reach entrepreneurs who are unserved or underserved, and within it women-led units receive guarantee cover at that higher level together with a concession of 10 per cent on the guarantee fee.

Payment to a Project Implementing Agency, which may itself be an eligible captive employer, is structured this way under DDU-GKY 2.0, and each instalment is linked to a milestone settled in advance.

The government brought 29 existing labour laws together into four codes, namely the Code on Wages, the Industrial Relations Code, the Code on Social Security and the Occupational Safety, Health and Working Conditions Code.