RBI Weekly Current Affairs Quiz: 14–20 September 2026

This is the provisional year on year rate for August 2026 compared with August 2025, worked out on the Consumer Price Index whose base year is 2024 equals 100.

The distractors here are all real numbers from the same bulletin, which is exactly how a paper setter builds a question on a statistical release, so each one has to be placed correctly.

The correct answer is 399.27 billion US dollars, the cumulative figure for merchandise and services exports taken together over the five months of the current financial year covered by the release.

Every person-to-merchant payment at or below that value stays free of the Merchant Discount Rate, and customers pay no charge for making such payments through the platform.

Ashok Kumar Lahiri, Vice-Chairman of NITI Aayog, released it in New Delhi along with the chief executive officer and other senior officials of the institution, and the edition covers the first quarter of FY27, that is April to June 2026.

In August 2026 villages saw prices rise faster than cities, and the release gives these two figures against a combined headline rate of 4.82 per cent.

The bulletin describes the survey as the primary source of data on activity participation and on employment and unemployment conditions of the population.

The correct answer is electronic goods, whose exports in the month climbed from 2.93 billion dollars a year earlier to 5.55 billion dollars, a jump the release lists first among the drivers of merchandise export growth.

The framework was brought in after detailed deliberations by the UPI Steering Committee on the rates, the operational arrangements and the safeguards for consumers.

The edition treats this as a strategically important sector for manufacturing, infrastructure, the energy transition and advanced industries, and it examines both export competitiveness and rising import dependence.

The correct answer is silver jewellery, which stood first among the key items with high inflation in August 2026.

The correct answer is 4.1 per cent, and the bulletin adds the detail that makes it memorable: this is the lowest rural reading since January of the same year.

The correct answer is the Ministry of Commerce and Industry, which issued these estimates for the month and for the cumulative period of the financial year.

The release explains the reasoning: a fixed amount gives cost certainty to critical public services and to businesses that work on narrow margins, which a percentage charge would not.

India's exports of digitally delivered services rose from $277 billion in 2024 to $317 billion in 2025, a gain of about 15 per cent in a single year, and that growth lifted the country from the fifth position to the fourth among global exporters of such services.