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Current Affairs Quiz

RBI Weekly Current Affairs Quiz: 19–25 October 2026

  • 30 questions
  • 30 minutes
  • Difficulty: Medium
Useful for:RBI
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About this quiz

This RBI current affairs quiz puts 30 multiple-choice questions to you from 10 stories published in the week of 19–25 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.

Questions in this quiz

30 questions with answers and explanations

Q1.Banking & FinanceEasy

The saturation campaign of financial inclusion schemes announced by the Ministry of Finance will run during which period?

  1. A.2 October 2026 to 31 October 2026
  2. B.21 October 2026 to 31 December 2026
  3. C.1 November 2026 to 31 March 2027
  4. D.21 October 2026 to 26 January 2027
Show answer
Correct answer: B. 21 October 2026 to 31 December 2026

The Department of Financial Services fixed this window for the countrywide drive, which reaches every gram panchayat and urban local body and asks banks to hold camps through the period.

Q3.InternationalMedium

Which Indian body signed the Memorandum of Cooperation on electronic origin data exchange with the New Zealand Customs Service?

  1. A.Directorate General of Foreign Trade
  2. B.Central Board of Indirect Taxes and Customs
  3. C.NITI Aayog
  4. D.Reserve Bank of India
Show answer
Correct answer: B. Central Board of Indirect Taxes and Customs

The memorandum concerning the electronic exchange of origin data on trade in goods was signed by the CBIC on behalf of India and by the New Zealand Customs Service on the other side, with CBIC Chairman Vivek Chaturvedi and NZCS Comptroller and Chief Executive Christine Stevenson putting their names to…

Q4.Reports & IndicesEasy

Which body conducts the Periodic Labour Force Survey in India?

  1. A.The Reserve Bank of India
  2. B.The National Statistics Office under the Ministry of Statistics and Programme Implementation
  3. C.NITI Aayog
  4. D.The Ministry of Labour and Employment
Show answer
Correct answer: B. The National Statistics Office under the Ministry of Statistics and Programme Implementation

That office has been conducting the Periodic Labour Force Survey since 2017, and the survey has steadily widened to meet the demand for labour market statistics that arrive sooner and can be broken down further.

Q7.EconomyEasy

What is the engineering goods export target set for 2030 at the Chintan Shivir held by the Department of Commerce and EEPC India?

  1. A.US$150 billion
  2. B.US$250 billion
  3. C.US$400 billion
  4. D.US$1 trillion
Show answer
Correct answer: B. US$250 billion

The Chintan Shivir for the engineering sector was convened by the Department of Commerce along with EEPC India to chart a strategy for total engineering goods exports of US$250 billion by 2030, together with deeper market access through free trade agreements and the long-term availability of key raw materials.

Q8.EconomyEasy

Who chaired the 30th meeting of the Financial Stability and Development Council held on 23 October 2026?

  1. A.The Governor of the Reserve Bank of India
  2. B.The Union Finance Minister
  3. C.The Chairperson of SEBI
  4. D.The Chief Economic Adviser
Show answer
Correct answer: B. The Union Finance Minister

Smt. Nirmala Sitharaman, Union Minister for Finance and Corporate Affairs, chaired the 30th meeting of the FSDC in New Delhi, which fits the Council's design: the Finance Minister heads it and the heads of the financial sector regulators sit on it.

Q9.EconomyEasy

Sagarmala Finance Corporation Limited (SMFCL) is described as India’s first dedicated Non Banking Financial Company in which sector?

  1. A.Railways
  2. B.Maritime
  3. C.Civil aviation
  4. D.Renewable energy
Show answer
Correct answer: B. Maritime

Inaugurating the corporate office of SMFCL in New Delhi, the Union Minister of Ports, Shipping and Waterways described the company as India's first dedicated Non Banking Financial Company in the maritime sector, set up to mobilise long term finance for port-led development, shipbuilding and coastal connectivity.

Q10.Banking & FinanceEasy

Which two Reserve Bank of India facilities were inaugurated at Bhubaneswar on 25 October 2026?

  1. A.A currency printing press and a note sorting centre
  2. B.A data centre and a cyber security training institute
  3. C.A regional office and a banking ombudsman office
  4. D.A coin museum and a financial literacy centre
Show answer
Correct answer: B. A data centre and a cyber security training institute

The Prime Minister inaugurated exactly these two units of the Reserve Bank of India at Bhubaneswar, the capital of Odisha, and called the occasion an important one for the state and for the country.

Q11.Banking & FinanceMedium

Which department is organising the nationwide saturation campaign of financial inclusion schemes?

  1. A.Department of Expenditure
  2. B.Department of Economic Affairs
  3. C.Department of Financial Services
  4. D.Department of Revenue
Show answer
Correct answer: C. Department of Financial Services

DFS is the department of the Ministry of Finance that handles banks, insurance and pension schemes, so the financial inclusion drive sits with it, and its Joint Secretary for financial inclusion chaired the preparatory meeting with the senior management of banks and the State Level Bankers Committee.

Q14.Reports & IndicesMedium

From which month will the modified sampling design and schedule of the Periodic Labour Force Survey take effect?

  1. A.January 2025
  2. B.January 2026
  3. C.January 2027
  4. D.April 2027
Show answer
Correct answer: C. January 2027

The modified sampling design, the changed estimation procedure and the revised schedule all take effect from that month, when fresh samples for the two-year period 2027-2028, known as Panel 6, will be drawn from an updated sampling frame.

Q15.Banking & FinanceMedium

C-DAC, which signed the quantum banking agreement, is an autonomous society under which ministry?

  1. A.Ministry of Finance
  2. B.Ministry of Science and Technology
  3. C.Ministry of Electronics and Information Technology
  4. D.Ministry of Communications
Show answer
Correct answer: C. Ministry of Electronics and Information Technology

The Centre for Development of Advanced Computing is an autonomous scientific society under that ministry, and its Secretary, S. Krishnan, was present when the memorandum with Bank of India was exchanged.

Q17.EconomyMedium

India’s total exports of merchandise and services during April-September 2026-27 stood at:

  1. A.US$352.80 billion
  2. B.US$476.20 billion
  3. C.US$512.40 billion
  4. D.US$618.90 billion
Show answer
Correct answer: B. US$476.20 billion

Commerce Secretary Shri Rajesh Agrawal said in his keynote address that India’s combined exports of goods and services grew by 14 per cent year-on-year to this level during April-September of 2026-27, which he cited as evidence that exports had stayed resilient despite global uncertainty.

Q18.EconomyMedium

The Financial Sector Cyber Security Strategy noted at the FSDC meeting was formulated by which body?

  1. A.An Inter-Ministerial Group of financial regulators and cyber security agencies
  2. B.The FSDC Sub-Committee alone
  3. C.A committee of the Insolvency and Bankruptcy Board of India
  4. D.The International Financial Services Centres Authority
Show answer
Correct answer: A. An Inter-Ministerial Group of financial regulators and cyber security agencies

The Council took note of the strategy and expects its implementation to strengthen the resilience of the Indian financial sector, along with better protection of Critical Information Infrastructure and improved cyber security preparedness in Regional Rural Banks.

Q21.Banking & FinanceMedium

Under the campaign, bank camps will hold awareness sessions on unclaimed financial assets under which name?

  1. A.Aapki Poonji, Aapka Adhikar
  2. B.Dhan Suraksha Abhiyan
  3. C.Jan Nivesh Jagrukta
  4. D.Bachat Bima Sashaktikaran
Show answer
Correct answer: A. Aapki Poonji, Aapka Adhikar

The camps will run awareness sessions on financial inclusion schemes, on digital frauds and on this drive, which concerns financial assets lying unclaimed with banks and other institutions.

Q23.InternationalEasy

What is the subject of the Memorandum of Cooperation signed between India and New Zealand?

  1. A.Electronic exchange of origin data on trade in goods
  2. B.Mutual recognition of academic degrees
  3. C.Removal of all tariffs on dairy products
  4. D.Joint naval exercises in the Indian Ocean
Show answer
Correct answer: A. Electronic exchange of origin data on trade in goods

The memorandum deals with how the two customs administrations will share, in advance and in electronic form, the data that establishes where goods were produced, since a certificate of origin is what decides whether a consignment can claim the lower duties available under a trade agreement.

Q24.Reports & IndicesHard

Under the revised design, how many Second Stage Strata will there be and how many households will be canvassed in each First Stage Unit?

  1. A.Four rural and five urban strata, with 14 households per First Stage Unit
  2. B.Five rural and four urban strata, with 12 households per First Stage Unit
  3. C.Three rural and three urban strata, with 16 households per First Stage Unit
  4. D.Four rural and four urban strata, with 15 households per First Stage Unit
Show answer
Correct answer: A. Four rural and five urban strata, with 14 households per First Stage Unit

A new Second Stage Stratum based on digital platform work is being introduced because experience showed that the earlier arrangement did not capture an adequate number of such workers, while the rest of the stratum structure and composition is retained.

Q25.Banking & FinanceMedium

What is the stated central aim of the C-DAC and Bank of India partnership?

  1. A.A Quantum Ecosystem for Financial Innovation
  2. B.A new national payments switch
  3. C.A rural branch expansion plan
  4. D.A sovereign gold bond platform
Show answer
Correct answer: A. A Quantum Ecosystem for Financial Innovation

This is the named focus of the partnership, meant to prepare banking systems both for the opportunities that quantum technology brings and for the security problems it creates, which is why the two sides will study quantum-inspired and quantum-safe methods.

Q27.EconomyMedium

Who is the Chairman of EEPC India, the apex engineering exports promotion body?

  1. A.Shri Rajesh Agrawal
  2. B.Shri Vimal Anand
  3. C.Shri Pankaj Chadha
  4. D.Shri Piyush Goyal
Show answer
Correct answer: C. Shri Pankaj Chadha

Speaking at the Chintan Shivir, he said the engineering sector was on track to surpass the export numbers of the previous financial year, that the medium and long-term growth outlook remained positive, and that engineering exports were expected to cross US$140 billion in the current financial year.

Q29.EconomyHard

Who has been appointed the official Fund Manager for the Maritime Investment Fund component of the Maritime Development Fund?

  1. A.SBI Ventures Limited
  2. B.SMFCL itself
  3. C.The Securities and Exchange Board of India
  4. D.The Reserve Bank of India
Show answer
Correct answer: A. SBI Ventures Limited

The correct answer is SBI Ventures Limited, which has been appointed the official Fund Manager for the Maritime Investment Fund component and brings professional management to the fund.

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