RBI Weekly Current Affairs Quiz: 5–11 October 2026

Coal India lifted 384.2 MT in the first six months of the financial year 2026-27, an increase of 27.2 MT or 7.6 per cent over the same months of the previous year.

The Steel Industry Safety Council is being created as an apex body for the whole steel industry, with the mandate of strengthening safety standards, preventing accidents and building a safety culture, and the Secretary of the ministry will head it.

The correct answer is the Secretary, Department of Financial Services, Sanjay Lohiya, who took the review in New Delhi with the heads of all public sector banks and the Executive Directors of major private sector banks, assisted by senior officers of his department.

The Ministry of Statistics and Programme Implementation began a monthly compilation of the Index of Services Production for the formal sector on a trial basis in July 2026, and that is the base year it adopted for the exercise.

These are the four member states of the European Free Trade Association, and leaders of all four were in New Delhi to mark the first year of the agreement with India.

The fourth round of the India-UK Financial Markets Dialogue took place in London on 29 September 2026, and the joint statement adopted after it was put out on 7 October 2026.

The Commerce and Industry Minister gave both figures at the curtain raiser of the 31st CII Partnership Summit and pointed out that moving from one to the other means growth of close to 16 per cent, in a year when world trade is expected to grow only about 2.5 to…

The correct answer is the World Bank Group, which brings out the World Development Report every year; the latest edition carries the subtitle "The Promise of Artificial Intelligence" and was launched in India by Union Minister Ashwini Vaishnaw.

The Ministry of Coal said that daily supplies of coal to the power sector have climbed roughly 36% from the low point reached in September, and that the October average is around 9% higher than the September average.

The National Statistics Office has prepared the draft guideline for compiling Gross State Domestic Product estimates from the expenditure side with 2022-23 as the base year, and the whole framework is described as working under the revised base year arrangement.

The backgrounder states that the process reforms covering registration, return filing, refunds, input tax credit and dispute resolution were recommended at the 57th meeting of the GST Council, held in October 2026.

This was the theme chosen for the fifth edition of the Kautilya Economic Conclave, held across three days from 3 to 5 October 2026 in New Delhi by the Institute of Economic Growth together with the Union Ministry of Finance.

Of the coal Coal India lifted in the first half of the financial year 2026-27, nearly 79 per cent was directed to the power sector, which confirms how central electricity generation is to the company’s distribution strategy.

The pellet plant of 2 MTPA capacity has been commissioned at Nagarnar in Chhattisgarh, and with it NMDC has completed an integrated project costing Rs 5,427 crore.

The Secretary of the Department of Financial Services urged banks to take part wholeheartedly in the saturation drive running between those two dates and to give greater thrust to serving the weaker sections of society and meeting their banking needs.

The initial framework of the index follows nineteen broad service sub-sectors, relying on high-frequency administrative data sources together with data on outward supplies filed under the goods and services tax, which between them account for close to sixty per cent of the gross value added of the services sector.

That is the day the partnership agreement between India and the four EFTA states entered into force, which is why leaders from all the member countries gathered in the Indian capital in early October to mark its completion of one year and to discuss the road ahead.

The joint statement records that the two sides reflected on a strengthened relationship, particularly in the light of the launch of Vision 2035, and underlined the importance of driving the implementation of the UK-India Comprehensive Economic and Trade Agreement, which entered into force on 15 July 2026.

The curtain raiser for the summit was held in New Delhi on 8 October 2026, which makes option C a tempting distractor, but the capital hosted only the preview and not the summit itself.

The report examines the opportunities and risks AI brings to developing economies and offers this sequence as the framework through which such countries can turn the technology into development gains.

Rail loading of coal has averaged more than 465 rakes a day during October, and the ministry noted that the 470-rake target was met on three days running, which it treated as a sign that logistics had strengthened alongside production.

The release states plainly that while some States and Union Territories do put together estimates of Gross Fixed Capital Formation and Government Final Consumption Expenditure, no State or Union Territory is compiling PFCE at present.

The backgrounder records that the taxpayer base widened from roughly 60 lakh when the tax began to about 1.70 crore in September 2026, which is close to a threefold increase over nine years.

Vice-President C. P. Radhakrishnan inaugurated the conclave on 3 October 2026 and gave the inaugural address, in which he said that economic resilience cannot be separated from social resilience and that inclusion is a foundation of resilience in a fast-changing world.

Generation from domestic coal rose to 640.05 billion units in the first half of the financial year 2026-27 from 582.5 billion units in the corresponding period a year earlier, an increase of roughly 57.5 billion units or 9.9 per cent.

Under the Green Steel Initiative of the Ministry of Steel, Green Steel Certificates have been issued to 101 distinct producers across the lists brought out up to September 2026.

Banks were directed to route every new enrolment under the Pradhan Mantri Jeevan Jyoti Bima Yojana and the Pradhan Mantri Suraksha Bima Yojana through it, because the portal is being linked with all banks and insurers, which should improve the quality of data and the ease of day-to-day operation.

These were left out of the first framework and together they make up nearly twenty-one per cent of the gross value added of services, so bringing them in would lift the coverage of the monthly index to about 78.4 per cent of the gross value added of the whole services…

The article in question asks the EFTA states to aim at increasing foreign direct investment from their investors into India by that amount within ten years of the pact starting, and then by a further fifty billion dollars during the five years that follow.

India and the United Kingdom reaffirmed their support for the G20 Roadmap for Enhancing Cross-Border Payments, and went on to discuss practical ways of cutting frictions, improving transparency and making cross-border payments more efficient in line with that roadmap.