SBI Weekly Current Affairs Quiz: 7–13 September 2026

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 Ministry of Finance says a notification appointed that day as the date on which the provisions of the Act take effect.

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.

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.

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.

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 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.

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.

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.

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.

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 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 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.

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.

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.

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.