Skip to content
GK24
Current Affairs Quiz

SBI Current Affairs Quiz: 9 October 2026

  • 12 questions
  • 12 minutes
  • Difficulty: Medium
Useful for:SBI
Start Quiz

About this quiz

This SBI current affairs quiz puts 12 multiple-choice questions to you from 3 stories published on 9 October 2026 that matter for the SBI general awareness section. The questions are the same verified MCQs that accompany GK24's articles, chosen here for their relevance to SBI, 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

12 questions with answers and explanations

Q1.EconomyEasy

Which country is India’s largest source of foreign direct investment?

  1. A.Mauritius
  2. B.Singapore
  3. C.United States
  4. D.Japan
Show answer
Correct answer: B. Singapore

Explanation

The correct answer is Singapore. The city state is India’s largest source of foreign direct investment, with cumulative inflows of roughly USD 194.68 billion between April 2000 and March 2026, and its institutional investors, among them GIC and Temasek, hold significant positions across the Indian economy. This standing is one reason the Union Finance Minister’s engagements there centre on capital markets, taxation and digital financial connectivity. Option A, Mauritius, was for years the leading route for investment into India and is still a major one, which is exactly why it is the most tempting wrong answer here. Option C, the United States, and option D, Japan, are both large investors and important economic partners, but neither tops the table of cumulative inflows. For objective papers, hold Singapore at the first place and Mauritius immediately behind it as the pair most often swapped in questions.

Q2.EconomyMedium

What is the reserve price fixed for the HIL (India) Limited land parcel at Najafgarh, New Delhi?

  1. A.Rs 629.69 crore
  2. B.Rs 829.69 crore
  3. C.Rs 1,029.69 crore
  4. D.Rs 16.60 crore
Show answer
Correct answer: B. Rs 829.69 crore

Explanation

The correct answer is Rs 829.69 crore. That is the floor below which the freehold parcel at Najafgarh Industrial Area will not be sold, and every bid in the electronic auction has to start from it. The bidding then moves up in steps of at least Rs 1 crore per acre. Option A and option C are figures close to the real one and are the kind of distractor a paper setter builds by shifting the first digit, so the number has to be learnt exactly. Option D, Rs 16.60 crore, is also drawn from this auction, but it is the earnest money a bidder must deposit to enter the process, not the reserve price; mixing the two up is the commonest error in questions of this type. A further figure worth separating from both is the processing fee of Rs 24 lakh, which is payable only by the highest bidder.

Q3.Science & TechnologyMedium

Which organisation developed the artificial-intelligence based ASTR tool used to identify fraudulent mobile connections?

  1. A.C-DOT
  2. B.TRAI
  3. C.BSNL
  4. D.NIC
Show answer
Correct answer: A. C-DOT

Explanation

The correct answer is C-DOT. ASTR is described as the artificial-intelligence based tool of C-DOT and forms one layer of India’s defence against fraudulent communications; it has helped disconnect over 82 lakh fraudulent mobile connections. Option B is wrong because the Telecom Regulatory Authority of India is the sector regulator and issues tariff orders and regulations rather than building this detection tool. Option C is wrong because BSNL is a state-owned telecom service provider. Option D is wrong because the National Informatics Centre builds government information technology infrastructure and websites. For the examination, hold the five layers together: blocking of spoofed international calls, ASTR, the Sanchar Saathi platform for citizen participation, the Digital Intelligence Platform for sharing intelligence, and measures for emerging channels of fraud.

Q4.EconomyMedium

What is the approximate cumulative foreign direct investment from Singapore into India between April 2000 and March 2026?

  1. A.USD 94.68 billion
  2. B.USD 144.68 billion
  3. C.USD 194.68 billion
  4. D.USD 234.68 billion
Show answer
Correct answer: C. USD 194.68 billion

Explanation

The correct answer is USD 194.68 billion. That is the cumulative figure for foreign direct investment flowing from Singapore into India over the period from April 2000 to March 2026, and it is the number behind the description of Singapore as India’s single largest source of such investment. Option A, at 94.68 billion, and option B, at 144.68 billion, both fall well short of the recorded total and would place Singapore lower in the table of investing countries than it actually stands. Option D, at 234.68 billion, overstates the inflow. Along with the figure, note the window it covers, which begins in April 2000, because the same number is meaningless without the period; and remember the two Singaporean institutional investors named with it, GIC and Temasek, along with the National Investment and Infrastructure Fund and GIFT City as the Indian platforms held out for further Singaporean capital.

Q5.EconomyMedium

The National Land Monetization Corporation functions under which department?

  1. A.Department of Public Enterprises, Ministry of Finance
  2. B.Department of Land Resources, Ministry of Rural Development
  3. C.Department for Promotion of Industry and Internal Trade
  4. D.Department of Expenditure, Ministry of Home Affairs
Show answer
Correct answer: A. Department of Public Enterprises, Ministry of Finance

Explanation

The correct answer is the Department of Public Enterprises in the Ministry of Finance. NLMC was set up to help central public sector enterprises and other government entities monetise surplus land and non-core assets, and it sits in that department. In the present case it is facilitating the sale on behalf of HIL (India) Limited, which owns the plot. Option B names the Department of Land Resources, which works on land records and watershed programmes under the Ministry of Rural Development and has no role in monetising enterprise assets. Option C, the Department for Promotion of Industry and Internal Trade, deals with industrial policy and foreign direct investment questions. Option D pairs the Department of Expenditure with the wrong ministry altogether, since that department belongs to the Ministry of Finance and not to Home Affairs. Candidates should remember the chain: NLMC, Department of Public Enterprises, Ministry of Finance.

Q6.Science & TechnologyMedium

How much did Indians lose to organised telecom and cyber fraud in 2024, as stated by the minister?

  1. A.Over ₹5,000 crore
  2. B.Over ₹12,400 crore
  3. C.Over ₹22,800 crore
  4. D.Over ₹45,000 crore
Show answer
Correct answer: C. Over ₹22,800 crore

Explanation

The correct answer is over ₹22,800 crore. Dr Chandra Sekhar Pemmasani cited this figure for losses suffered by Indians in 2024 to organised, cross-border fraud, which includes impersonation, digital arrest scams, voice cloning generated by artificial intelligence and deepfakes. Option A is a trap worth reading closely: ₹5,000 crore is the suspected loss the Financial Fraud Risk Indicator helped prevent in 15 months, not the total lost in 2024. Options B and D are wrong because they do not match the figure given. The minister used the number to argue that national measures alone cannot answer fraud that crosses borders, and that standards of the International Telecommunication Union for verifying caller identity across international networks are needed. He also pointed out that India has connected more than a billion people and that the next task is to make that connectivity trustworthy, since organised fraud of this kind now travels across borders through impersonation, digital arrest scams and deepfakes.

Q7.EconomyMedium

Who is the President of Singapore, on whom the Union Finance Minister is to call during her visit?

  1. A.Lawrence Wong
  2. B.Gan Kim Yong
  3. C.Tharman Shanmugaratnam
  4. D.Vivian Balakrishnan
Show answer
Correct answer: C. Tharman Shanmugaratnam

Explanation

The correct answer is Tharman Shanmugaratnam, the President of Singapore. During her official visit the Union Minister for Finance and Corporate Affairs is to call on him as part of a set of high level engagements with the country’s leadership. The other three options are all office holders she is also to meet, which is what makes this question a test of designations rather than of names. Option A, Lawrence Wong, is the Prime Minister of Singapore. Option B, Gan Kim Yong, is the Deputy Prime Minister. Option D, Vivian Balakrishnan, is the Foreign Minister. Questions of this kind are very common in general awareness papers, and the usual trap is to swap the President with the Prime Minister, so learn the four names as a block with their posts attached, and link them to the India-Singapore Comprehensive Strategic Partnership that the talks are meant to carry forward.

Q8.EconomyMedium

What is the approximate area of the land parcel being monetised?

  1. A.2.119 acres
  2. B.5.119 acres
  3. C.15.119 acres
  4. D.51.19 acres
Show answer
Correct answer: B. 5.119 acres

Explanation

The correct answer is 5.119 acres, which works out to about 20,722.93 square metres. The parcel carries an industrial land use and is being offered for outright sale through an e-tender followed by an e-auction. The release makes clear that the area is provisional and indicative, and that the exact extent will be fixed through a joint survey conducted with the successful bidder, so the figure should be remembered along with that qualification. Option A, option C and option D are built by changing one digit or shifting the decimal point, which is exactly how such distractors are framed in objective papers. Candidates should therefore link the plot with its two paired measures, the acreage and the figure in square metres, and keep in mind that the sale is on an as-is-where-is basis with no recourse to the seller.

Q9.Science & TechnologyHard

How many organisations does the Digital Intelligence Platform connect?

  1. A.Over 600
  2. B.Over 1,600
  3. C.Over 2,500
  4. D.Over 5,000
Show answer
Correct answer: B. Over 1,600

Explanation

The correct answer is over 1,600. The Digital Intelligence Platform is the intelligence-sharing layer of India’s approach and links more than 1,600 organisations, among them telecom operators, banks and law-enforcement agencies. Options A, C and D are wrong because they do not match the figure given at the roundtable. The platform works alongside the Financial Fraud Risk Indicator, which prevented suspected losses of over ₹5,000 crore in 15 months, and the Sanchar Saathi app, which has recorded around 25 million downloads. The minister suggested starting joint trials between willing countries on selected international routes, with different network technologies taking part, and said that as 6G networks are developed trust must be designed in from the beginning rather than bolted on afterwards.

Q10.EconomyHard

Which two Singaporean institutional investors are named as holding significant investments across the Indian economy?

  1. A.GIC and Temasek
  2. B.Temasek and Mubadala
  3. C.GIC and Khazanah Nasional
  4. D.NIIF and GIFT City
Show answer
Correct answer: A. GIC and Temasek

Explanation

The correct answer is GIC and Temasek. GIC, the Government of Singapore Investment Corporation, and Temasek Holdings are the two Singaporean institutional investors named as having significant investments spread across the Indian economy, and the Union Finance Minister is to hold separate meetings with the chief executives of both. Option B pairs Temasek with Mubadala, which is an investment company of the United Arab Emirates and not Singaporean. Option C pairs GIC with Khazanah Nasional, the sovereign fund of Malaysia, so the pair again mixes countries. Option D names the National Investment and Infrastructure Fund and GIFT City, which belong on the other side of the transaction: they are the Indian platforms offered as routes through which Singaporean capital can participate more fully, including through investment vehicles and funds, and not investors from Singapore.

Q11.EconomyHard

By which date must registration, the technical bid and the earnest money for the auction be submitted?

  1. A.29 October 2026
  2. B.3 November 2026
  3. C.19 November 2026
  4. D.23 November 2026
Show answer
Correct answer: C. 19 November 2026

Explanation

The correct answer is 19 November 2026. Registration, the technical bid and the earnest money or bank guarantee have all to reach the corporation by that date, after which the technical bids are opened on 20 November 2026. Option A, 29 October 2026, is the last date for sending queries about the auction, not for the bid itself. Option B, 3 November 2026, is the day fixed for the pre-bid meeting in New Delhi, where prospective bidders can have the process explained to them. Option D, 23 November 2026, is the date of the mock auction, a trial run held before the real bidding; the e-auction date is to be announced only after the technical bids have been opened. Keeping this calendar in order is the point of the question, since all four dates belong to the same auction and are easily confused with one another.

Q12.Science & TechnologyEasy

At which event was the ITU Roundtable on combating fraudulent communications held?

  1. A.World Telecommunication Standardization Assembly
  2. B.India Mobile Congress 2026
  3. C.Digital India Summit
  4. D.Bharat Telecom Expo
Show answer
Correct answer: B. India Mobile Congress 2026

Explanation

The correct answer is India Mobile Congress 2026. The roundtable on implementing standards of the International Telecommunication Union against fraudulent communications was held on the sidelines of that Congress, which Prime Minister Narendra Modi formally inaugurated on 8 October 2026 at Yashobhoomi in New Delhi. Options A, C and D are wrong because none of them is named as the host event in the release; they are invented or unrelated titles of the kind used as distractors. For the examination, remember the pairing of the venue Yashobhoomi with India Mobile Congress 2026 and the date of the inauguration, because several decisions and launches of the week are tied to this Congress, including India’s offer to take part in the joint trials proposed by the Union.

View all quizzes