Skip to content
GK24
Current Affairs Quiz

Banking Current Affairs Quiz: September 2026

  • 50 questions
  • 50 minutes
  • Difficulty: Medium
Useful for:Banking

About this quiz

This Banking current affairs quiz puts 50 multiple-choice questions to you from 50 stories published in September 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

50 questions with answers and explanations

Q2.Banking & FinanceEasy

Bank unions have called strikes in September–October 2026 mainly over which demand that remains pending?

  1. A.Withdrawal of the Performance Linked Incentive scheme
  2. B.Implementation of five-day banking
  3. C.Restoration of the Old Pension Scheme
  4. D.Merger of Regional Rural Banks
Show answer
Correct answer: B. Implementation of five-day banking

The United Forum of Bank Unions and some other unions in public sector banks, supported by Regional Rural Banks, raised two principal demands: a five-day working week for banks and withdrawal of the Performance Linked Incentive scheme.

Q5.Banking & FinanceMedium

How much had IFSC Banking Units at GIFT City sanctioned under the RBI's FCNR(B) swap facility as on 31 August 2026?

  1. A.USD 28.60 billion
  2. B.USD 37.26 billion
  3. C.USD 54.02 billion
  4. D.USD 62.40 billion
Show answer
Correct answer: C. USD 54.02 billion

That is the figure twenty IFSC Banking Units had sanctioned under the Reserve Bank's special swap facility for FCNR(B) deposits as on 31 August 2026, and about USD 52.82 billion of it had already been disbursed.

Q6.Banking & FinanceMedium

What is the additional credit flow that ECLGS 5.0 aims to facilitate?

  1. A.₹1.50 lakh crore
  2. B.₹2.55 lakh crore
  3. C.₹3.68 lakh crore
  4. D.₹5 lakh crore
Show answer
Correct answer: B. ₹2.55 lakh crore

The backgrounder states that the scheme, approved on 5 May 2026 and implemented by the National Credit Guarantee Trustee Company, aims to facilitate an additional credit flow of up to that amount, and that the scheme runs till 31 March 2027 or till guarantees of the same value are issued…

Q8.EconomyMedium

India holds which position among the shareholders of the Asian Infrastructure Investment Bank (AIIB)?

  1. A.Largest shareholder
  2. B.Second largest shareholder
  3. C.Third largest shareholder
  4. D.Fifth largest shareholder
Show answer
Correct answer: B. Second largest shareholder

India is the second largest shareholder of the Asian Infrastructure Investment Bank, and the Union Finance Minister attends the annual meeting of its Board of Governors as India's Governor to the bank in that capacity.

Q9.Banking & FinanceEasy

The Bankers' Books Evidence Act, 2026 replaces which earlier law?

  1. A.The Bankers' Books Evidence Act, 1891
  2. B.The Indian Evidence Act, 1872
  3. C.The Banking Regulation Act, 1949
  4. D.The Negotiable Instruments Act, 1881
Show answer
Correct answer: A. The Bankers' Books Evidence Act, 1891

The new Act carries the same name with the new year and takes the place of the colonial-era statute, which was framed at a time when banking systems were entirely paper-based.

Q12.SportsEasy

Sonam Uttam Maskar, Elavenil Valarivan and Vidarsa K Vinod won a silver medal at the Asian Games 2026 in which event?

  1. A.Women's 10m Air Pistol
  2. B.Women's 10m Air Rifle
  3. C.Women's 25m Pistol
  4. D.Women's Trap
Show answer
Correct answer: B. Women's 10m Air Rifle

On 20 September 2026, Prime Minister Narendra Modi congratulated Sonam Uttam Maskar, Elavenil Valarivan and Vidarsa K Vinod on winning the silver medal in the women's 10m air rifle event at the Asian Games 2026, and credited the result to hard work and teamwork.

Q13.EconomyMedium

According to Union Textiles Minister Giriraj Singh, India's silk production, which stood at 26,000 metric tonnes in 2014, has now reached how much?

  1. A.32,000 metric tonnes
  2. B.38,000 metric tonnes
  3. C.42,000 metric tonnes
  4. D.60,000 metric tonnes
Show answer
Correct answer: C. 42,000 metric tonnes

Speaking at the Central Silk Board's 77th Foundation Day in Bengaluru on 20 September 2026, the minister said India's silk production had grown from 26,000 metric tonnes in 2014 to 42,000 metric tonnes today.

Q14.EconomyEasy

Asia's first Telecom Manufacturing Zone (TMZ), whose site was inspected by the Union Communications Minister in September 2026, is being set up in which city?

  1. A.Indore
  2. B.Gwalior
  3. C.Noida
  4. D.Bhopal
Show answer
Correct answer: B. Gwalior

The Ministry of Communications said Asia's first Telecom Manufacturing Zone will be established in Gwalior, and Minister Jyotiraditya Scindia inspected the identified site at the Shrimant Madhavrao Scindia Counter Magnet City (SADA) on 20 September 2026.

Q17.EconomyMedium

What did the Ministry of Mines launch at the National Seminar on India's Critical Minerals Recycling Ecosystem and Circular Economy on 21 September 2026?

  1. A.A critical minerals trading exchange
  2. B.Concept Paper on Critical Mineral Recycling Ecosystem
  3. C.New E-Waste (Management) Rules
  4. D.A list of new critical mineral blocks for auction
Show answer
Correct answer: B. Concept Paper on Critical Mineral Recycling Ecosystem

At the seminar in New Delhi, the Union Ministers launched this paper, which outlines a strategic framework for strengthening critical mineral recycling in India.

Q20.Science & TechnologyEasy

SEMICON India 2026 was held at which venue?

  1. A.Bharat Mandapam, New Delhi
  2. B.Yashobhoomi, New Delhi
  3. C.Mahatma Mandir, Gandhinagar
  4. D.BIEC, Bengaluru
Show answer
Correct answer: B. Yashobhoomi, New Delhi

The fifth edition of SEMICON India ran there for three days, from 17 to 19 September 2026, on the theme "Silicon to Systems: Building the Ecosystem", with more than 600 exhibiting companies, a Start-up Pavilion, a Workforce Development Pavilion, country and State pavilions and a hackathon.

Q21.Summits & ConferencesEasy

What is the theme of the 9th India International Water Week 2026?

  1. A.Water for Sustainable Development
  2. B.Climate Resilient Water Management
  3. C.Water Security for Peace
  4. D.Jal Sanchay Jan Bhagidari
Show answer
Correct answer: B. Climate Resilient Water Management

The 9th India International Water Week, organised by the Ministry of Jal Shakti at Bharat Mandapam, New Delhi, from 22 to 26 September 2026, is centred on this theme.

Q22.NationalEasy

Which body released the Telecom Consumer Protection (Thirteenth Amendment) Regulations, 2026 on 22 September 2026?

  1. A.Department of Telecommunications
  2. B.Telecom Regulatory Authority of India
  3. C.Telecom Disputes Settlement and Appellate Tribunal
  4. D.Ministry of Electronics and IT
Show answer
Correct answer: B. Telecom Regulatory Authority of India

TRAI, the sector's regulator, released the Thirteenth Amendment on 22 September 2026 after a draft issued on 7 April 2026 drew 1,132 responses and an open house discussion on 15 June 2026.

Q24.Government SchemesEasy

What does NAMASTE stand for in the context of the sanitation workers scheme?

  1. A.National Action for Mechanized Sanitation Ecosystem
  2. B.National Mission for Advanced Sanitation and Technology
  3. C.National Agency for Municipal Sanitation and Training Enterprise
  4. D.National Authority for Mechanized Sewerage and Treatment
Show answer
Correct answer: A. National Action for Mechanized Sanitation Ecosystem

The Ministry of Social Justice and Empowerment defines NAMASTE exactly this way, and describes its aim as ensuring the safety and dignity of sanitation workers by creating an enabling ecosystem that recognises their contribution to the operation and maintenance of sanitation infrastructure.

Q25.NationalEasy

What is the theme of the Swachhata Hi Seva 2026 campaign?

  1. A.Swachhata Mein Sahbhag, Swachh Bharat, Viksit Bharat
  2. B.Sampoorna Swachhata
  3. C.Swabhav Swachhata, Sanskaar Swachhata
  4. D.Swachh Bharat, Swasth Bharat
Show answer
Correct answer: A. Swachhata Mein Sahbhag, Swachh Bharat, Viksit Bharat

Both the Department of Food and Public Distribution and the Ministry of Textiles named this as the theme of the current campaign, and described it as an appeal to treat cleanliness as a collective effort and a festival of community involvement.

Q27.Government SchemesEasy

What is the annual health cover available to a beneficiary under Ayushman Bharat, as cited by the Prime Minister on its eighth anniversary?

  1. A.Rs 1 lakh
  2. B.Rs 3 lakh
  3. C.Rs 5 lakh
  4. D.Rs 10 lakh
Show answer
Correct answer: C. Rs 5 lakh

In his anniversary message the Prime Minister said that more than sixty crore beneficiaries now have access to an annual health cover of this amount, and that the reach of the cover is what makes the initiative the largest healthcare scheme in the world.

Q28.EconomyMedium

Who moderated the panel discussion 'Industry Associations Advancing India's National Agenda' at SEMICON India 2026?

  1. A.The Chief Executive Officer of NITI Aayog
  2. B.Amitesh Kumar Sinha, CEO of the India Semiconductor Mission
  3. C.The Governor of the Reserve Bank of India
  4. D.The Chairman of ISRO
Show answer
Correct answer: B. Amitesh Kumar Sinha, CEO of the India Semiconductor Mission

The backgrounder names him as the moderator of the session, which brought senior representatives of the leading industry associations together to discuss how deeper cooperation could speed up the country's semiconductor and electronics plans.

Q29.NationalEasy

How many digits does an IMEI number contain?

  1. A.Ten digits
  2. B.Twelve digits
  3. C.Fifteen digits
  4. D.Eighteen digits
Show answer
Correct answer: C. Fifteen digits

The International Mobile Equipment Identity is described as a unique number of that length which identifies a mobile device on a telecom network, and the first eight of those digits make up the Type Allocation Code that identifies the model or type of the handset.

Q30.Science & TechnologyMedium

At which event was Prasar Bharati's WAVES OTT platform launched?

  1. A.The 55th International Film Festival of India in Goa
  2. B.The first WAVES Summit in Mumbai
  3. C.The India International Trade Fair in New Delhi
  4. D.The Kolkata International Film Festival
Show answer
Correct answer: A. The 55th International Film Festival of India in Goa

The first WAVES Summit in Mumbai is wrong, and is the most tempting distractor because the summit carries the same name: it was held later, in May of the following year, and the streaming platform already existed by then.

Q31.EnvironmentMedium

What is the full form of the REWARD programme under which the NRAA held its technical committee meeting?

  1. A.Rejuvenating Watersheds for Agricultural Resilience through Innovative Development
  2. B.Renewing Water Resources for Agriculture and Rural Development
  3. C.Restoring Ecology, Water and Rainfed Drylands
  4. D.Rural Employment through Watershed and Rainfed Development
Show answer
Correct answer: A. Rejuvenating Watersheds for Agricultural Resilience through Innovative Development

The second option is wrong; it is built from plausible words but does not match the expansion, and in particular it drops the idea of resilience, which is central to the programme's purpose.

Q33.Science & TechnologyEasy

How much support has the Technology Development Board approved for Ubifly Technologies under the RDI Fund?

  1. A.Rs 150 crore
  2. B.Rs 285 crore
  3. C.Rs 570 crore
  4. D.Rs 1,000 crore
Show answer
Correct answer: B. Rs 285 crore

The Technology Development Board, which functions under the Department of Science and Technology, approved that amount for Ubifly Technologies Private Limited of Chennai out of the Research Development and Innovation Fund, for its indigenous ePlane advanced air mobility solution.

Q34.Government SchemesEasy

MY Bharat, which has crossed 3 crore registered youth, is a platform of which ministry?

  1. A.Ministry of Education
  2. B.Ministry of Youth Affairs and Sports
  3. C.Ministry of Skill Development and Entrepreneurship
  4. D.Ministry of Women and Child Development
Show answer
Correct answer: B. Ministry of Youth Affairs and Sports

Mera Yuva Bharat, or MY Bharat, is the national youth engagement platform of the Department of Youth Affairs within that ministry, and it has now gone past 3 crore registered youth in under three years.

Q35.NationalEasy

Who graced the 75th annual convocation ceremony of the Maharaja Sayajirao University of Baroda?

  1. A.The Prime Minister
  2. B.The President of India
  3. C.The Vice-President
  4. D.The Union Education Minister
Show answer
Correct answer: B. The President of India

She attended the 75th annual convocation ceremony of the Maharaja Sayajirao University of Baroda at Vadodara in Gujarat and addressed the graduating students, telling them that education will be meaningful only if the country and society benefit from it.

Q37.Summits & ConferencesEasy

Where was the 9th ASEAN-India Ministerial Meeting on Agriculture and Forestry held?

  1. A.Jakarta
  2. B.Manila
  3. C.New Delhi
  4. D.Bangkok
Show answer
Correct answer: C. New Delhi

The release opens by saying that the Ninth ASEAN-India Ministerial Meeting on Agriculture and Forestry was held on 9 September 2026 in New Delhi, India, and it closes with the ministers thanking the Government of India for the hospitality and the arrangements made for the meeting, which confirms India as…

Q39.Reports & IndicesMedium

The first district-level estimates of the unincorporated non-agricultural sector are based on which survey?

  1. A.Periodic Labour Force Survey
  2. B.Annual Survey of Industries
  3. C.Annual Survey of Unincorporated Sector Enterprises 2025
  4. D.National Family Health Survey
Show answer
Correct answer: C. Annual Survey of Unincorporated Sector Enterprises 2025

The release states that the report, titled Unincorporated Sector at the District Level, draws upon ASUSE data to present the scale, structure and economic performance of the sector district by district, and that this is the first initiative of the National Statistics Office to disseminate district-level estimates from a large-scale…

Q40.EconomyEasy

Under which law was the smuggled foreign-origin gold seized by the DRI?

  1. A.The Customs Act, 1962
  2. B.The Foreign Exchange Management Act, 1999
  3. C.The Prevention of Money Laundering Act, 2002
  4. D.The Gold Control Act, 1968
Show answer
Correct answer: A. The Customs Act, 1962

The release names this statute twice in the same episode near the Indo-Bangladesh border, saying that because the person could not produce documents for lawful possession the gold was seized under the Customs Act, and that he was arrested under the relevant provisions of the same Act.

Q41.Awards & HonoursEasy

Kishor Makwana, who was conferred the Dr APJ Abdul Kalam Jan Seva Award 2026, is the Chairman of which body?

  1. A.National Commission for Backward Classes
  2. B.National Commission for Scheduled Castes
  3. C.National Commission for Scheduled Tribes
  4. D.National Human Rights Commission
Show answer
Correct answer: B. National Commission for Scheduled Castes

The release identifies Kishor Makwana as the Chairman of the NCSC and says the award recognises his dedicated service to that Commission and his contribution to advancing social justice, adding that the Commission has strengthened its role in safeguarding the constitutional rights of the Scheduled Castes under his leadership.

Q46.Science & TechnologyEasy

What is the corpus of the Research, Development and Innovation Fund?

  1. A.₹10,000 crore
  2. B.₹50,000 crore
  3. C.₹1 lakh crore
  4. D.₹2 lakh crore
Show answer
Correct answer: C. ₹1 lakh crore

The release refers throughout to the ₹1 lakh crore Research, Development and Innovation Fund, and it is the size of that corpus that makes the Minister's appeal for outreach necessary: thousands of applications are arriving, some from applicants who do not appear to understand what the fund is for.

Q47.Summits & ConferencesEasy

What is the theme of India's BRICS Chairship, named at the BRICS Business Forum 2026?

  1. A.One Earth, One Family, One Future
  2. B.Building for Resilience, Innovation, Cooperation and Sustainability
  3. C.Strengthening Multilateralism for Shared Prosperity
  4. D.Inclusive Growth for a Sustainable Planet
Show answer
Correct answer: B. Building for Resilience, Innovation, Cooperation and Sustainability

The Prime Minister named this theme while addressing the BRICS Business Forum in New Delhi, and said India had made the same mantra the base of its economic and trade policy over the past twelve years.

Q50.Government SchemesMedium

How many houses have been sanctioned in all under Pradhan Mantri Awas Yojana - Urban 2.0?

  1. A.8.22 lakh
  2. B.17.19 lakh
  3. C.18.77 lakh
  4. D.1.25 crore
Show answer
Correct answer: C. 18.77 lakh

The Ministry of Housing and Urban Affairs says that is the total number of houses approved under the second phase of the mission after the ninth meeting of the Central Sanctioning and Monitoring Committee, and that cumulative sanctions are now nearing the twenty lakh mark.

View all quizzes