RBI Weekly Current Affairs Quiz: 7–13 September 2026

The correct answer is the Annual Survey of Unincorporated Sector Enterprises 2025, abbreviated as ASUSE 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 nationwide survey. The other three surveys named in the options are genuine statistical exercises, which makes them convincing distractors, but none of them is mentioned in this release and none supplies these estimates. Remember the supporting details as well: the survey covers rural and urban areas across the country, it takes in manufacturing, trade and other services, and the data were collected on tablets using computer assisted personal interviewing, with relative standard errors reported so that users can judge reliability.

The correct answer is 1 October 2026. The Ministry of Finance says a notification appointed that day as the date on which the provisions of the Act take effect. Option A is the trap most often set on this item, since that is the day the President gave assent to the Act; assent and commencement are separate steps and a law may take effect weeks or months after it is assented to. Option B is the other trap, because that is the date of the gazette notification itself, which fixed the commencement date rather than starting the Act. Option D is wrong because no such date appears anywhere in the release. For the examination hall, hold the three dates in order as a single chain: assent in August, notification in September and commencement in October, all in the same year. Questions are set on each of the three links.

The correct answer is Mumbai. 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. Option A, New Delhi, hosts many national conferences and is therefore the most natural wrong guess, but this fest is anchored in the country's financial capital. Option C, Bengaluru, is associated with technology and start-ups, which makes it plausible for a fintech event, yet it is not the venue named here. Option D, Gandhinagar, hosts the international financial services centre at GIFT City, whose regulator supports this fest, so a well read candidate may be tempted; support from a regulator is not the same as hosting the event. While revising, fix the edition number with the city and the dates, because questions on summits almost always test that combination.

The correct answer is the Department of Telecommunications. 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. Option A is a tempting distractor because banks are the users of the signal and the Department of Financial Services handles banking policy, but the indicator is built on telecom data such as the behaviour of mobile numbers. Option C is wrong because the Department of Revenue deals with taxation and not with cyber fraud prevention of this kind. Option D is wrong because consumer affairs work on grievance redress is a different track altogether. The logic to remember is that a fraud usually begins with the misuse of a mobile connection, which is why the telecom department owns the tool.

The correct answer is the Global Fintech Fest 2026, where the Unique Identification Authority of India released both the software development kit and the sandbox for Aadhaar face authentication. 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. Option A, the India Mobile Congress, is a telecom event and is plausible because SIM activation through electronic know your customer is one of the services that uses face authentication. Option C, Digital India Week, is a government technology showcase and sounds right for any Aadhaar announcement, which is what makes it a good distractor. Option D, the World Economic Forum, is an international gathering and not the setting for this launch. Tie the launch to the fintech festival and to the ministry behind UIDAI, which is the Ministry of Electronics and Information Technology.

The correct answer is 757. 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. Option C is the sharpest distractor precisely because that figure also appears in the release, but it is the size of the sampling frame and not the number of districts actually shown, so the two must be kept apart. The gap between the two numbers is explained in the release itself. Lakshadweep and Chandigarh each have a single district, so their district estimates coincide with their union territory estimates and were already published. Delhi is excluded for a different reason, namely that its rural population is very small and its villages few, so all its districts were merged into one stratum and district estimates could not be generated. Options A and D do not appear anywhere in the release.

The correct answer is 1891. 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. Option A is wrong, and it is a tempting choice because the Indian Evidence Act carries that year in general knowledge lists; the release, however, names only the banking records law. Option B is wrong for a similar reason, since that year belongs to the Negotiable Instruments Act and not to the statute being replaced here. Option D is wrong because that year is associated with the Banking Regulation Act and with the Reserve Bank's nationalisation, neither of which is touched by this notification. Candidates should remember the pair, the repealing Act of 2026 and the repealed Act of 1891, as one fact.

The correct answer is Agentic AI, tokenisation and quantum. 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. Agentic AI allows a financial system to sense, decide and act in real time within governance rules. Tokenisation turns assets into programmable digital units, which permits fractional ownership and instant settlement. Quantum technology changes computation and security, and covers quantum-safe cryptography as well as advanced risk optimisation. Option A, option C and option D list technologies that are widely discussed in other contexts, and a candidate who has only skimmed the news may pick one of them, but none of these sets is the trio named in the theme. The Prime Minister too spoke of these three opening new possibilities in the financial sector.

The correct answer is the Digital Intelligence Platform. 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. Option A, Sanchar Saathi, is a genuine part of the story but plays a different role: citizens report suspicious numbers there, and those reports become one of the inputs for the classification. Option C, the National Cybercrime Reporting Portal, belongs to the Indian Cybercrime Coordination Centre and is likewise an input source rather than the platform that carries the indicator. Option D, the Unified Payments Interface, is the payment system whose service providers use the signal to stop or flag transactions in real time. Keep the roles separate: inputs, platform and users are three different layers of this story.

The correct answer is 2021, over 500 crore transactions. 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. Options A and B move the launch a year or two earlier and lower the transaction count, which is the commonest way this question is set, because candidates recall the scale but not the exact pairing. Option D borrows 2023, a year that does appear in this news but for a different reason: that is the year of the Prime Minister's Award for Excellence in Public Administration that the technology received in the innovation category. Keep the three numbers together while revising, namely the launch year, the transaction total and the number of adopting entities.

The correct answer is 237. 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. Every other option is also a real figure from the same release, which is what makes this question difficult, so each one must be attached to the right fact. The figure 280 is the number of districts where gross value added per worker exceeds the all-India average of Rs 1,56,539. The figure 331 is the approximate number of districts where gross value added per worker lies between one lakh and one and a half lakh rupees. The figure 25 is the number of districts where women make up more than half of the workforce. Two related findings are worth adding: the districts with the highest share of women-led establishments lie in Telangana, Manipur and Meghalaya, and in Mizoram at least half the establishments in every district are owned by women.

The correct answer is record a special cause in writing. 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 purpose is to spare bank staff from being called routinely into disputes that do not involve their employer. Option A is wrong because no role for the central bank is mentioned in this provision. Option C is wrong because the release prescribes no notice period of any length. Option D is wrong because the Ministry's own part in the Act is different: it is the Central Government that may extend the provisions to specified financial sector entities or classes of entities. Note the wording special cause, since questions often test the exact phrase.

The correct answer is the National Payments Corporation of India. 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 Services Centres Authority and the Pension Fund Regulatory and Development Authority. Option B is a financial sector regulator but is not listed among the organisers of this event. Option C works on foodgrain procurement and storage and has nothing to do with financial technology. Option D is an association of banks and sounds plausible to a candidate guessing from the subject, yet it does not appear in the list of organisers. Remember the three organisers together, since the question is usually set on that trio.

The correct answer is Rs 5,043.73 crore. 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. Option A is the figure for the first six months of working, and the growth from that level to the present one is described as a nearly eight-fold rise, so it is a real number in the story but answers a different question. Option B and option D are built by changing the leading digit of the correct figure and do not appear in the announcement at all. A related figure worth holding is the starting point of the climb: the cumulative saving stood at a little over one hundred and thirty nine crore rupees in August 2025, so the whole scale-up happened within a single year as banks and payment platforms adopted the tool.

The correct answer is that it is a controlled environment to test the full face authentication journey before going live. 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. They can also rehearse failures such as invalid digital signatures, network interruptions, timeouts and spoofing attempts. Option B confuses the sandbox with enrolment infrastructure, which is a different part of the Aadhaar system altogether. Option C borrows the idea of a regulatory sandbox, which the Reserve Bank does operate for financial innovation, and that overlap is exactly why the option tempts candidates; the UIDAI sandbox is a technical testing space, not a regulatory concession. Option D describes biometric capture hardware, whereas the entire point of this launch is that no such hardware is needed.