Banking Current Affairs Quiz: October 2026

NABKISAN Finance Limited, a subsidiary of NABARD, placed India's first social bond meant only for water, sanitation and hygiene work, and investors bid for 1.8 times the paper on offer.

The correct answer is the Secretary, Department of Financial Services, Sanjay Lohiya, who took the review in New Delhi with the heads of all public sector banks and the Executive Directors of major private sector banks, assisted by senior officers of his department.

The Ministry of Statistics and Programme Implementation began a monthly compilation of the Index of Services Production for the formal sector on a trial basis in July 2026, and that is the base year it adopted for the exercise.

The fourth round of the India-UK Financial Markets Dialogue took place in London on 29 September 2026, and the joint statement adopted after it was put out on 7 October 2026.

It is the department of the Finance Ministry that deals with banks, insurance and the financial inclusion schemes, and it is the body that issued the directions to convenors of State Level Bankers Committees and their Union Territory counterparts after the National Commission for Scheduled Castes raised the gap.

It is the statutory authority that examines proposed combinations, meaning mergers, amalgamations and acquisitions above the prescribed thresholds, to see whether they would cause an appreciable adverse effect on competition in India, and it cleared this internal restructuring of the JSW Group along with three other combinations the same day.

The Commerce and Industry Minister gave both figures at the curtain raiser of the 31st CII Partnership Summit and pointed out that moving from one to the other means growth of close to 16 per cent, in a year when world trade is expected to grow only about 2.5 to…

The city state is India’s largest source of foreign direct investment, with cumulative inflows of roughly USD 194.68 billion between April 2000 and March 2026, and its institutional investors, among them GIC and Temasek, hold significant positions across the Indian economy.

Union Minister for Development of North Eastern Region and Communications Jyotiraditya M. Scindia inaugurated the conclave there, with Mizoram Chief Minister Lalduhoma, State Minister Prof. Lalnilawma, MDoNER Secretary Srinivas Katikithala and NEC Secretary Satinder Kumar Bhalla present.

The third edition of the conclave was held there, and Dr Sukanta Majumdar, Union Minister of State for Development of North Eastern Region and for Education, addressed it on 13 October 2026, asking banks to widen their reach and lend more readily in the region.

The meeting of the Development Committee Plenary was held in Bangkok in Thailand, and the Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, took part in it there as India's Governor of the World Bank.

The Finance Ministry's clarification records that while the Union Budget of 2003 was being discussed and Parliament was debating this repeal legislation, an amendment was moved that sought to limit any reduction of the Government's holding in IDBI.

This is the estimated cumulative figure for merchandise and services exports taken together during the first six months of the financial year.

The Department of Financial Services fixed this window for the countrywide drive, which reaches every gram panchayat and urban local body and asks banks to hold camps through the period.

The provisional Index of Core Industries for September 2026 grew by 7.9 per cent compared with September of the previous year, and this was the headline number in the release issued by the Ministry of Commerce and Industry.

Its chairman described the step as part of an effort to explore innovative development-finance models and to draw more institutional and private participation.

The Centre for Development of Advanced Computing signed the memorandum with Bank of India on 22 October 2026 to work on quantum financial innovation and the adoption of emerging technologies in banking.

Two disputes between its management and its employees organisations were settled on 22 and 23 October 2026 through the conciliation efforts of the Assistant Labour Commissioner (Central), Patna, working under the Office of the Chief Labour Commissioner (Central) in the Ministry of Labour and Employment.

MoSPI compiles and publishes the Index of Services Production, and it released the figures for August 2026 covering 19 broad sub-sectors on the base year 2024-25.

The Finance Ministry's clarification explains that DIPAM has no internal procedure for the situation in which the highest financial bid comes in below the reserve price, and that the Cabinet Committee on Economic Affairs, in its meeting of 16 August 2017, approved a note on the procedure and mechanism for…

DigiDukaan is ONDC's effort to build digital infrastructure for India's general trade in retail by digitising kirana shops as buyers, while strengthening rather than replacing the existing distributor network.

This is the theme under which the Swachhata Hi Seva 2026 campaign is being run across the country, and the spirit of joint action it stands for was what the Union Ministry of Health and Family Welfare echoed when its officers and staff joined a shramdaan in New Delhi on…

He has taken over as Secretary of the Union Ministry of Environment, Forest and Climate Change, the ministry that handles forests, wildlife, pollution control and climate policy for the country.

This is the dedicated provision set aside under Jal Jeevan Mission 2.0 for closing drinking water gaps in the tribal villages covered by the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan and the Dharti Aaba Janjatiya Gram Utkarsh Abhiyan.

It runs this government-wide drive, in which ministries and their attached, subordinate and autonomous bodies clean their premises, weed out old files and clear pending references.

Lonar Crater Lake is a unique natural formation in the Buldhana district of Maharashtra, and it attracts visitors because of its distinctive geological and environmental features.

The hundredth-year celebrations of the Union Public Service Commission were held there, and the Prime Minister took part along with chairpersons of the Public Service Commissions of the states.

The correct answer is Resilience in an Age of Flux, the theme announced by the Ministry of Finance for the fifth edition of the Conclave, to be held in New Delhi from 3 to 5 October 2026.

The day is observed on this date every year to spread awareness about voluntary blood donation and to encourage healthy, eligible people to donate regularly and without payment.

Under the revised norms a dealer may not hold more than this quantity at any time or at any place in the country, and the rule runs from 15 October 2026 to 30 November 2026.

The Ministry of Social Justice and Empowerment stated that this amount was released to States and Union Territories across three financial years under the Centrally Sponsored Scheme for the two Acts.

It lies on the Tambaram-Tindivanam section of NH-179B and has become the first location in Tamil Nadu where the National Highways Authority of India charges toll without a boom barrier, letting vehicles roll through while cameras and FASTag settle the fee.

The correct answer is the National Statistics Office, which works under the Ministry of Statistics and Programme Implementation and is running this round as CAPEX 2026, its third such exercise, between October and December.

That is the title under which the People's Plan Campaign for the year is launched when Special Gram Sabhas assemble on the second of October, and under it every Gram Panchayat draws up its development plan for the next financial year through participatory, evidence-based planning.

The Indian women's team in squash finished third in its event at the Games and so took the bronze medal, a result the Prime Minister described as a richly deserved place on the podium while congratulating the players for a spirited effort and for the resolve they showed.

The two of them finished second in the Men’s Skiff event at the Asian Games 2026 and took the silver medal, and the Prime Minister congratulated them on a result he said was built on skill and determination, adding that they had bettered their previous performances to reach the podium…

The revised framework of the Ministry of Road Transport and Highways ties the validity of an exempted FASTag to the percentage of disability on record, and the higher slab of 70 to 100 per cent carries a validity of five years.

The Ministry of Mines offered Sewell Rise-01, in the southern part of Sewell Rise, and West Sewell Ridge-01, which lies off Great Nicobar Island, and both blocks sit in the Andaman Sea.

The correct answer is ICAR-CIPHET, Ludhiana, the Central Institute of Post-Harvest Engineering and Technology, which will carry out the two-year Phase-I of the project on alternatives to chemical fumigation in wheat and rice.

The app carries this name together with the National Scholarship Portal and belongs to the Ministry of Social Justice and Empowerment, serving beneficiaries of the Pre-Matric and Post-Matric Scholarships for Scheduled Castes and Other Backward Classes.

The Union Cabinet cleared GOBARdhan on 6 August 2026 with this outlay, and the scheme gives the compressed biogas sector a ten-year framework running from FY 2026-27 to FY 2035-36.

That is the financial support the Government of India has approved for running the Amended BharatNet Programme in Maharashtra under the state-led model, and the agreement signed at Sanchar Bhawan puts it into effect through MahaNet Digital Infrastructure Limited.

The correct answer is Milwaukee, in the state of Wisconsin, and the meeting is hosted under the United States G20 Presidency.

The Indian quartet of Dharmveer Chaudhary, Manu TS, Jay Kumar and Vishal TK finished on the podium in third place in the men’s 4x400m relay, and the Prime Minister congratulated them on the bronze, praising the timing they clocked.

Every other option is a real figure from the same Shivir attached to the wrong service, which is exactly how such a question is set.

Both the Ministry of Environment, Forest and Climate Change and the Ministry of Steel said on the opening day that the implementation phase of the campaign would run through that month.

He is the Union Minister of State with Independent Charge for Law and Justice, and in that capacity he led the tree plantation drive on the campus of the India International Arbitration Centre at Vasant Kunj in New Delhi.

The Department of Commerce has carried the RoDTEP scheme forward to that date, and the benefit is available for exports made by Domestic Tariff Area units, Advance Authorisation holders, Special Economic Zone units and Export Oriented Units in the meantime.

RELIEF is a time-bound intervention under the Export Promotion Mission and was launched on 19 March 2026 to support exporters struck by extraordinary freight escalation, higher insurance premia and war-related export risks arising on the Gulf and the wider West Asian maritime corridor.

The correct answer is Milwaukee, Wisconsin, where the Union Minister of Commerce and Industry joined the concluding day of the G20 Trade Ministers Meeting under the United States Presidency.