SBI Weekly Current Affairs Quiz: 7–13 September 2026

The correct answer is 1 January 2027. The release says in its headline points, and repeats at the very end, that the new rules shall come into force from January 1, 2027, which gives e-commerce entities a clear runway before compliance becomes mandatory. The three wrong options are all dates that sound administratively plausible, and this is precisely the trap: a candidate who remembers only that the amendment was made in 2026 may assume it applies at once, and pick the October date. It is worth separating the two years cleanly in memory. The amending instrument is titled the Consumer Protection (E-Commerce) (Amendment) Rules, 2026, because that is the year it was made, but the date of commencement falls in the following year. The rules it amends are the Consumer Protection (E-Commerce) Rules, 2020, which were notified under the Consumer Protection Act, 2019.

The correct answer is 1 October 2026. The Ministry of Finance says a notification appointed that day as the date on which the provisions of the Act take effect. Option A is the trap most often set on this item, since that is the day the President gave assent to the Act; assent and commencement are separate steps and a law may take effect weeks or months after it is assented to. Option B is the other trap, because that is the date of the gazette notification itself, which fixed the commencement date rather than starting the Act. Option D is wrong because no such date appears anywhere in the release. For the examination hall, hold the three dates in order as a single chain: assent in August, notification in September and commencement in October, all in the same year. Questions are set on each of the three links.

The correct answer is Platform for Aggregating Clean Transport. The word that carries the meaning is aggregating, because the whole purpose of the platform is to pool the freight demand of shippers and logistics service providers so that it becomes large enough and visible enough to justify electric trucks on a corridor. Option A substitutes programme and accelerated, words that sound official and would fit a scheme but not this platform. Option C turns it into a partnership on alternative technology, a phrase from the renewable energy vocabulary. Option D makes it a cargo tracking portal, which is a logistics IT function and not what NITI Aayog launched here. Learn it with its twin, the Zero Emission Truck Marketplace, where truck makers, logistics firms, charge point operators, financiers and technology companies actually meet to strike deals.

The correct answer is the Department of Telecommunications. The FRI is a telecom intelligence framework built by that department and offered to financial institutions through its Digital Intelligence Platform, and on 8 September 2026 it was reported to have prevented suspected cyber fraud of more than five thousand crore rupees since its launch on 22 May 2025. Option A is a tempting distractor because banks are the users of the signal and the Department of Financial Services handles banking policy, but the indicator is built on telecom data such as the behaviour of mobile numbers. Option C is wrong because the Department of Revenue deals with taxation and not with cyber fraud prevention of this kind. Option D is wrong because consumer affairs work on grievance redress is a different track altogether. The logic to remember is that a fraud usually begins with the misuse of a mobile connection, which is why the telecom department owns the tool.

The correct answer is the Global Fintech Fest 2026, where the Unique Identification Authority of India released both the software development kit and the sandbox for Aadhaar face authentication. The venue matters because the audience was exactly the one the tools are meant for, the banking, financial services and insurance industry, which had long asked for a way to complete Aadhaar authentication inside its own apps. Option A, the India Mobile Congress, is a telecom event and is plausible because SIM activation through electronic know your customer is one of the services that uses face authentication. Option C, Digital India Week, is a government technology showcase and sounds right for any Aadhaar announcement, which is what makes it a good distractor. Option D, the World Economic Forum, is an international gathering and not the setting for this launch. Tie the launch to the fintech festival and to the ministry behind UIDAI, which is the Ministry of Electronics and Information Technology.

The correct answer is 30 days. The amended rules provide that where a price reduction is announced, both the reduced price and the prior price shall be displayed, and they define the prior price as the lowest price at which the goods or services were offered during the thirty days preceding the announcement. The point of the provision is to stop the familiar trick of quietly raising a price and then advertising a discount from the inflated figure, because the reference point is now the lowest price in a fixed window rather than a figure of the seller choosing. The other options are periods that do not appear in the release. Candidates should tie this provision to the neighbouring ones in the same list, namely the ban on manipulating search results in a way that misleads users and the requirement that sponsored listings be identified through clear and prominent disclosures.

The correct answer is 1891. The release states that the new Act replaces the Bankers' Books Evidence Act of that year and provides a modern framework for the use of banking records as evidence in keeping with the way banks work now. Option A is wrong, and it is a tempting choice because the Indian Evidence Act carries that year in general knowledge lists; the release, however, names only the banking records law. Option B is wrong for a similar reason, since that year belongs to the Negotiable Instruments Act and not to the statute being replaced here. Option D is wrong because that year is associated with the Banking Regulation Act and with the Reserve Bank's nationalisation, neither of which is touched by this notification. Candidates should remember the pair, the repealing Act of 2026 and the repealed Act of 1891, as one fact.

The correct answer is from 201 vehicles to 826 vehicles, a rise of more than four times in a single year, which is the figure NITI Aayog used to show that the electric freight market has begun to move. Option B mixes two separate facts, because the figure of more than 3,000 refers to the electric medium and heavy-duty trucks already in operation across the country and is not the end point of that one-year jump. Options C and D give invented pairs that look plausible because they preserve a similar ratio. A third figure completes the picture: about 800 heavy electric trucks were sold in 2025, which the NITI Aayog Member cited as proof that the corridors still need strategic electrification. Keep the three numbers apart, 201 and 826 for the jump, 3,000 for the running fleet, 800 for one year of heavy truck sales.

The correct answer is the Digital Intelligence Platform. The FRI is developed under this platform, which classifies mobile numbers as medium, high or very high risk and securely shares the result with banks, payment service providers, insurers, securities intermediaries and pension entities. Option A, Sanchar Saathi, is a genuine part of the story but plays a different role: citizens report suspicious numbers there, and those reports become one of the inputs for the classification. Option C, the National Cybercrime Reporting Portal, belongs to the Indian Cybercrime Coordination Centre and is likewise an input source rather than the platform that carries the indicator. Option D, the Unified Payments Interface, is the payment system whose service providers use the signal to stop or flag transactions in real time. Keep the roles separate: inputs, platform and users are three different layers of this story.

The correct answer is 2021, over 500 crore transactions. UIDAI engineered the face authentication solution in India and launched it in that year, and it has since been adopted by nearly 200 entities, among them central ministries and departments, state governments, banks, non-banking financial companies, telecom operators, brokerage firms and certifying authorities. Options A and B move the launch a year or two earlier and lower the transaction count, which is the commonest way this question is set, because candidates recall the scale but not the exact pairing. Option D borrows 2023, a year that does appear in this news but for a different reason: that is the year of the Prime Minister's Award for Excellence in Public Administration that the technology received in the innovation category. Keep the three numbers together while revising, namely the launch year, the transaction total and the number of adopting entities.

The correct answer is the Consumer Protection Act, 2019. The release states that the Consumer Protection (E-Commerce) Rules, 2020 were notified under the Consumer Protection Act, 2019, and that they provide the framework for safeguarding consumers against unfair trade practices in the e-commerce sector; the amendment of 2026 strengthens that same framework. The other three statutes are real laws that a candidate may associate loosely with online business, but none of them is named in this release, and attributing the rules to them would be wrong. The chain worth memorising runs in one line: the Act of 2019 is the parent, the Rules of 2020 sit under it, the Amendment Rules of 2026 modify those rules, and the whole package takes effect from the first day of 2027. Also remember that the administering authority named here is the Department of Consumer Affairs.

The correct answer is record a special cause in writing. The release says the Act brings greater clarity on the summoning of bank officials in proceedings where the bank is not itself a party, and that a special cause has to be recorded in writing by the court before such a summons is issued. The purpose is to spare bank staff from being called routinely into disputes that do not involve their employer. Option A is wrong because no role for the central bank is mentioned in this provision. Option C is wrong because the release prescribes no notice period of any length. Option D is wrong because the Ministry's own part in the Act is different: it is the Central Government that may extend the provisions to specified financial sector entities or classes of entities. Note the wording special cause, since questions often test the exact phrase.

The correct answer is about 70 per cent. The NITI Aayog Member used this share to argue that the main freight corridors must be electrified in a planned way rather than left to scattered pilot projects. He placed beside it a second figure that makes the argument sharper: heavy trucks are only 3 to 4 per cent of the vehicle fleet, yet they account for more than a third of the carbon emissions of the transport sector, so a small number of vehicles carries a large part of the problem. Options A, B and D give shares the release does not use. He named three constraints on the market, the fragmentation of logistics operators, the high cost of financing and the absence of coordinated corridor planning, and asked for blended finance and leasing models to bring the cost of capital for an electric truck nearer to that of a diesel truck.

The correct answer is Rs 5,043.73 crore. That is the cumulative amount of suspected fraud stopped through the indicator up to August 2026, which is why the announcement speaks of more than five thousand crore rupees saved in fifteen months. Option A is the figure for the first six months of working, and the growth from that level to the present one is described as a nearly eight-fold rise, so it is a real number in the story but answers a different question. Option B and option D are built by changing the leading digit of the correct figure and do not appear in the announcement at all. A related figure worth holding is the starting point of the climb: the cumulative saving stood at a little over one hundred and thirty nine crore rupees in August 2025, so the whole scale-up happened within a single year as banks and payment platforms adopted the tool.

The correct answer is that it is a controlled environment to test the full face authentication journey before going live. Developers and quality assurance teams can run user provisioning and consent, face capture, liveness checks, authentication, error handling and response validation in it, and they can do so without external biometric hardware. They can also rehearse failures such as invalid digital signatures, network interruptions, timeouts and spoofing attempts. Option B confuses the sandbox with enrolment infrastructure, which is a different part of the Aadhaar system altogether. Option C borrows the idea of a regulatory sandbox, which the Reserve Bank does operate for financial innovation, and that overlap is exactly why the option tempts candidates; the UIDAI sandbox is a technical testing space, not a regulatory concession. Option D describes biometric capture hardware, whereas the entire point of this launch is that no such hardware is needed.

The correct answer is NITI Aayog. The release describes e-FAST India, which expands to Electric Freight Accelerator for Sustainable Transport - India, as a platform led by NITI Aayog that brings government and industry together, including original equipment manufacturers, logistics service providers, financiers, shippers and charge point operators, with a focus on medium and heavy-duty vehicles. Options A and C name ministries that were present and active at the summit, since the Secretary of the Ministry of Road Transport and Highways spoke there and an officer of the Ministry of Heavy Industries attended, but neither leads the platform. Option D names the Bureau of Energy Efficiency, which works on energy efficiency standards and did not figure here. Remember also what NITI Aayog is: the apex public policy think tank of the Government of India, charged with catalysing economic development and fostering cooperative federalism.