SBI Weekly Current Affairs Quiz: 21–27 September 2026

The United Forum of Bank Unions and some other unions in public sector banks, supported by Regional Rural Banks, raised two principal demands: a five-day working week for banks and withdrawal of the Performance Linked Incentive scheme.

The meeting was co-chaired by Hardeep Singh Puri, India's Minister of Petroleum and Natural Gas, and by the OPEC Secretary General.

The backgrounder names him as the moderator of the session, which brought senior representatives of the leading industry associations together to discuss how deeper cooperation could speed up the country's semiconductor and electronics plans.

The Technology Development Board, which functions under the Department of Science and Technology, approved that amount for Ubifly Technologies Private Limited of Chennai out of the Research Development and Innovation Fund, for its indigenous ePlane advanced air mobility solution.

The Indian delegation, led by Additional Secretary in the Department of Commerce Shri Nitin Kumar Yadav, travelled to Manila for both meetings, and it was there that economic ministers or their representatives from every ASEAN member met the East Asia Summit partners.

The bulk drugs scheme, which covers key starting materials, drug intermediates and active pharmaceutical ingredients, was approved in 2020 with that outlay and it works on 41 critical products where imports dominated.

The board functions under the Department for Promotion of Industry and Internal Trade of that ministry, so its meeting place follows naturally.

The Finance Ministry, after consulting the Reserve Bank of India, settled on this gross market borrowing figure for the closing half of FY 2026-27, and the whole sum is to be raised through 23 weekly auctions of dated securities.

India is the second largest shareholder of the Asian Infrastructure Investment Bank, and the Union Finance Minister attends the annual meeting of its Board of Governors as India's Governor to the bank in that capacity.

In its appeal of 21 September 2026, the Ministry of Finance recalled that the Government, in the interest of bank employees, declared the 2nd and 4th Saturdays of every month as holidays for public sector banks in 2015.

The release records that both sides agreed to hold the Eighth High-Level Meeting of the OPEC-India Energy Dialogue in Vienna, Austria, on a mutually convenient date.

The backgrounder records that the event brought together this many exhibitors, of whom close to three hundred were international companies, and treats that mix as a sign of the global interest now being shown in the country's semiconductor and electronics ecosystem.

The release describes the e200X as configured for one pilot and two passengers, with a targeted range of 110 km and an ideal speed of 160 kmph, and with a landing gear built for both conventional and vertical landing so that it can operate out of relatively small spaces.

The release states that bilateral trade between India and the ASEAN bloc reached this level in 2025-26, and that the bloc made up 10.55 per cent of total Indian trade with the world.

Production of 57 unique medical devices has begun under the scheme, and the list runs from magnetic resonance imaging machines, computed tomography scanners, cath labs and linear accelerators to C-arms, mammography machines, ultrasound systems, anaesthesia machines and heart valves, most of which were earlier brought in from outside.

The chairman of the board cited the Jan Vishwas Act as a reform that has rationalised that many compliances, and placed it alongside the ease of doing business measures and the creation of state level traders' welfare boards as the main steps taken for the trading community.

The gross borrowing of Rs 7,86,000 crore planned for the second half of FY 2026-27 will be completed through 23 weekly auctions of dated securities, with the paper spread over eight maturity buckets ranging from three years to fifty years.

The eleventh annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank is scheduled in Doha, the capital of Qatar, and the Union Finance Minister travels there on an official visit for it.

The Staff Welfare Fund is money that public sector banks set aside for the welfare of working and retired staff, covering health expenses, canteen subsidies, sports and cultural activities and educational help.

At the seventh meeting the OPEC Secretary General said that the OPEC-India Energy Dialogue is eleven years strong, having been launched in New Delhi in 2015.

The backgrounder states that the government has cleared this many semiconductor projects under the Semicon India programme, and that five commercial semiconductor units were already running by September of that year.

The Technology Development Board is routing its support to Ubifly Technologies through this instrument, which is a form of debt that the holder has the option of converting into equity shares of the company after an agreed period.

Its ongoing review was the main subject at the consultation, with the stated aim of raising trade flows and correcting the asymmetries that have grown within the pact.

The Department of Pharmaceuticals sits in that ministry and runs all three schemes, the one for bulk drugs, the one for pharmaceuticals and the one for medical devices.

Members of the board were told about forthcoming reforms, and among them was this bill, which is proposed to take effect from the first day of that year and is aimed at making life easier for consumers and for those who deal with them.

Ways and Means Advances is the facility through which the Reserve Bank of India lets the Centre bridge short-lived mismatches between money received and money paid out, and for the second half of FY 2026-27 the ceiling on this facility has been set at Rs 50,000 crore.

At the annual meeting of the AIIB Board of Governors the Union Minister for Finance and Corporate Affairs attends as India's Governor to the bank, and on this occasion she also leads a delegation of Ministry of Finance officials.