This RBI current affairs quiz puts 12 multiple-choice questions to you from 3 stories published on 31 October 2026 that matter for the RBI general awareness section. The questions are the same verified MCQs that accompany GK24's articles, chosen here for their relevance to RBI, 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.
12 questions with answers and explanations
India's social protection coverage, which stood at 19% in 2015, has risen to what level in 2026?
Social protection coverage in India has moved up from 19% in 2015 to 68.4% in 2026, and this widening has brought more than one billion people inside the social protection framework.
Read the full explanation →Up to which date has the Government of India extended the customs duty exemption on cotton imports?
The exemption from customs duty on cotton brought into the country now runs up to the end of December.
Read the full explanation →Sapphire Foods India Limited has been cleared by the CCI to merge with and into which company?
The Competition Commission of India approved the merger of Sapphire Foods India Limited with and into Devyani International Limited, along with certain related transactions placed before it as one proposed combination.
Read the full explanation →In September 2026, the wage ceiling for mandatory EPFO coverage was raised to which level?
The ceiling had last been revised in September 2014, when it was moved from Rs 6,500 to Rs 15,000 a month, and the approval granted in September 2026 took it to Rs 25,000.
Read the full explanation →Which department notified the extension of the customs duty exemption on cotton imports?
Customs duty is a tax, so changes to it are notified by the revenue side of the Finance Ministry, in this case through a customs notification dated the end of October.
Read the full explanation →Which two franchise brands are run in India by both Devyani International and Sapphire Foods?
Both companies operate franchise outlets of these two brands in India, and that overlap is the reason a merger between them is a matter for competition review rather than a routine corporate step.
Read the full explanation →Which scheme has been revised from the National Social Assistance Programme in October 2026?
It has been revised from the existing National Social Assistance Programme in October 2026 and will continue from 2026-27 to 2030-31.
Read the full explanation →By how long was the existing customs duty exemption on cotton imports extended?
The exemption in force was available until the end of October, and the amendment carries it to the end of December, which adds exactly two months to the window.
Read the full explanation →MIH Payments Holdings B.V., which has received CCI approval to acquire a shareholding in Navi Limited, is an indirect wholly-owned subsidiary of which company?
The Commission's clearance notes that the acquirer, MIH Payments Holdings B.V., is an indirect wholly-owned subsidiary of Prosus N.V., and that the acquirer itself carries on no business activity beyond holding investments in portfolio companies which have business activities in India.
Read the full explanation →Under Pradhan Mantri Shram Yogi Maandhan (PM-SYM), what minimum monthly pension is assured after the age of 60?
PM-SYM is a voluntary and contributory pension scheme for unorganised workers aged between 18 and 40 years whose monthly income does not exceed Rs 15,000, and it assures a minimum pension of Rs 3,000 a month once the worker turns 60.
Read the full explanation →Which of these is NOT among the stated aims of extending the cotton import duty exemption?
The exemption is an import measure and has nothing to do with the price assured to farmers, although the government has said it remains conscious of farmers' interests while taking such steps.
Read the full explanation →Devyani International is the exclusive franchisee in India of which coffee chain?
Apart from running KFC and Pizza Hut franchise outlets across India, Devyani International Limited holds the exclusive Indian franchise for Costa Coffee, and along with it for New York Fries and Sanook Kitchen.
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