SBI Current Affairs Quiz: 14 November 2026

The 7th Session of the India-Egypt Joint Trade Committee is to be held in Cairo on 15 November 2026 and will be co-chaired by Union Minister of Commerce and Industry Piyush Goyal and Egypt's Minister of Investment and Foreign Trade Dr. Mohamed Farid Saleh.

The framework for registering Consent Managers is a part of this Act, and it began to operate from 13 November 2026, with the working detail supplied by the DPDP Rules, 2025.

The Commission is the authority that examines proposed combinations, that is mergers, amalgamations and acquisitions above the prescribed limits, and decides whether they would hurt competition in the relevant market.

Bilateral merchandise trade between India and Egypt during April to September 2026 reached that level, which is a growth of 64 per cent over the corresponding period of the previous year.

A company that wishes to be put on the register of Consent Managers must be incorporated in India and must show adequate technical, operational and financial capacity, and the floor placed on its net worth is ₹2 crore.

Rasmalai Limited is an entity incorporated there, its principal activity is holding investments, and it has no activities or presence in India at present.

The correct answer is Egypt's Minister of Investment and Foreign Trade, Dr. Mohamed Farid Saleh, who will co-chair the session in Cairo on 15 November 2026 with Union Minister of Commerce and Industry Piyush Goyal.

A Consent Manager is by definition an entity registered with this Board, and it is the Board that will test each application against the eligibility conditions, register the companies that qualify and place the list of registered Consent Managers on its website for the public to see.

The acquirer is indirectly controlled by investment funds that are managed or advised by Advent International and its affiliates, which is how a global private equity platform takes a position in an Indian company through a holding entity registered abroad.

The law is being brought into force in stages. The stage that has just opened is the registration of Consent Managers, which took effect from 13 November 2026 and is served by the portal dpbi.gov.in.