RBI Weekly Current Affairs Quiz: 7–13 September 2026

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…

The Ministry of Finance says a notification appointed that day as the date on which the provisions of the Act take effect.

Prime Minister Narendra Modi inaugurated the seventh edition of the Global Fintech Fest there on 8 September 2026, and the festival continues in the same city until 11 September 2026.

The FRI is a telecom intelligence framework built by that department and offered to financial institutions through its Digital Intelligence Platform, and on 8 September 2026 it was reported to have prevented suspected cyber fraud of more than five thousand crore rupees since its launch on 22 May 2025.

The venue matters because the audience was exactly the one the tools are meant for, the banking, financial services and insurance industry, which had long asked for a way to complete Aadhaar authentication inside its own apps.

The release says that estimates of the indicators are given for 757 out of the 770 districts available in the sampling frame at the time the ASUSE sample was selected.

The release states that the new Act replaces the Bankers' Books Evidence Act of that year and provides a modern framework for the use of banking records as evidence in keeping with the way banks work now.

The theme of this edition is Potential to Impact, and these three technologies are described as the foundations that are moving global finance towards autonomous, programmable and secure systems for inclusive finance.

The FRI is developed under this platform, which classifies mobile numbers as medium, high or very high risk and securely shares the result with banks, payment service providers, insurers, securities intermediaries and pension entities.

UIDAI engineered the face authentication solution in India and launched it in that year, and it has since been adopted by nearly 200 entities, among them central ministries and departments, state governments, banks, non-banking financial companies, telecom operators, brokerage firms and certifying authorities.

The release carries this as one of its headline findings, stating that in 237 districts women constitute one-third of the total workforce in the unincorporated sector.

The release says the Act brings greater clarity on the summoning of bank officials in proceedings where the bank is not itself a party, and that a special cause has to be recorded in writing by the court before such a summons is issued.

The fest is organised principally by the Payments Council of India, the National Payments Corporation of India and the Fintech Convergence Council, and it receives support from several ministries and regulators, among them the Reserve Bank of India, the Securities and Exchange Board of India, NITI Aayog, the International Financial…

That is the cumulative amount of suspected fraud stopped through the indicator up to August 2026, which is why the announcement speaks of more than five thousand crore rupees saved in fifteen months.

Developers and quality assurance teams can run user provisioning and consent, face capture, liveness checks, authentication, error handling and response validation in it, and they can do so without external biometric hardware.