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Current Affairs Quiz

Banking Current Affairs Quiz: 12 November 2026

  • 16 questions
  • 16 minutes
  • Difficulty: Medium
Useful for:Banking
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About this quiz

This Banking current affairs quiz puts 16 multiple-choice questions to you from 5 stories published on 12 November 2026 that matter for the Banking general awareness section. The questions are the same verified MCQs that accompany GK24's articles, chosen here for their relevance to Banking, and every one carries a full explanation of the correct option and of why the other options are wrong. Attempt the quiz within the timer, review the explanations at the end, and read the stories behind the questions on their articles or the day's edition page. Bookmark it for a quick revision before the exam.

Questions in this quiz

16 questions with answers and explanations

Q2.NationalMedium

At which monastery did the exposition of the Sacred Relics of Shakyamuni Buddha begin in Arunachal Pradesh?

  1. A.Thubchog Gatsel Ling Monastery, Bomdila
  2. B.Gaden Namgyal Lhatse (Tawang) Monastery
  3. C.Golden Pagoda, Namsai
  4. D.Urgelling Monastery, Tawang
Show answer
Correct answer: B. Gaden Namgyal Lhatse (Tawang) Monastery

The exposition opened there on 31 October 2026 and closed on 7 November 2026, and during that stretch more than 31,000 devotees from Tawang and the neighbouring areas came to pay their respects to the relics.

Q3.Science & TechnologyEasy

How much support has the Technology Development Board agreed to give Astrome Technologies for the AI-ELINT constellation?

  1. A.Rs 128.11 crore
  2. B.Rs 64.05 crore
  3. C.Rs 46.50 crore
  4. D.Rs 640.5 crore
Show answer
Correct answer: B. Rs 64.05 crore

That is the financial support the Technology Development Board, which works under the Department of Science and Technology, has agreed to give Astrome Technologies Private Limited of Bengaluru from the Research, Development and Innovation Fund, and it is being given as Optionally Convertible Debt.

Q4.Summits & ConferencesMedium

Under the leadership of which academy was the Joint S20 Statement of 2026, endorsed by INSA, released?

  1. A.The Royal Society
  2. B.The U.S. National Academy of Sciences
  3. C.The Chinese Academy of Sciences
  4. D.The Indian National Science Academy
Show answer
Correct answer: B. The U.S. National Academy of Sciences

National Academy of Sciences, which led the Science20 engagement process in 2026 and under whose leadership the Joint S20 Statement was released on 10 November 2026.

Q10.NationalMedium

WaveX, the accelerator behind the startup pavilion at IFFI, belongs to which ministry?

  1. A.Ministry of Information and Broadcasting
  2. B.Ministry of Culture
  3. C.Ministry of Electronics and Information Technology
  4. D.Ministry of Commerce and Industry
Show answer
Correct answer: A. Ministry of Information and Broadcasting

WaveX is its flagship startup accelerator, set up to encourage innovation, entrepreneurship and technological progress across India's media and entertainment sector and the AVGC-XR ecosystem, and it is this ministry that issued the reminder about the closing of registration.

Q12.NationalHard

Which of the following is NOT among the bodies organising the exposition of the Sacred Relics of Shakyamuni Buddha?

  1. A.Ministry of Culture
  2. B.National Museum, New Delhi
  3. C.Archaeological Survey of India
  4. D.International Buddhist Confederation
Show answer
Correct answer: C. Archaeological Survey of India

The exposition is being organised by the Ministry of Culture of the Government of India in collaboration with the National Museum in New Delhi, the Government of Arunachal Pradesh and the International Buddhist Confederation, New Delhi.

Q13.Science & TechnologyMedium

Under which fund has TDB extended support to the AI-ELINT project, and in what form?

  1. A.Research, Development and Innovation Fund, as Optionally Convertible Debt
  2. B.National Investment and Infrastructure Fund, as an outright grant
  3. C.Startup India Seed Fund, as equity
  4. D.Production Linked Incentive scheme, as a subsidy
Show answer
Correct answer: A. Research, Development and Innovation Fund, as Optionally Convertible Debt

The Technology Development Board is giving the money through this fund, and the instrument chosen is debt that may later be converted into equity, which lets the Board support a deep technology firm without taking a shareholding at the outset.

Q14.Summits & ConferencesHard

Which of the following is NOT among the five areas for action identified in the Joint S20 Statement?

  1. A.Strengthening data collection and understanding of risk
  2. B.Building local skills and capacity for context-specific solutions
  3. C.Replacing human expertise with automated decision systems
  4. D.Advancing international and cross-sector collaboration
Show answer
Correct answer: C. Replacing human expertise with automated decision systems

The statement says the opposite: technology should add to human expertise rather than take its place, and advanced tools must come with oversight, local validation, transparency, accountability and clear communication of risk.

Q15.NationalMedium

In the context of the WaveX Startup Pavilion, what does AVGC-XR stand for?

  1. A.Audio, Video, Graphics, Cinema and Extended Reality
  2. B.Animation, Visual Effects, Gaming, Comics and Extended Reality
  3. C.Advanced Video Graphics, Computing and Experimental Robotics
  4. D.Animation, Virtual Games, Cinema and Experience Reality
Show answer
Correct answer: B. Animation, Visual Effects, Gaming, Comics and Extended Reality

These are the allied technology fields named in the ministry's invitation to startups for the WaveX Startup Pavilion at WAVES Bazaar, held along with the film festival in Goa.

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