SBI Weekly Current Affairs Quiz: 26 October – 1 November 2026

Two disputes between its management and its employees organisations were settled on 22 and 23 October 2026 through the conciliation efforts of the Assistant Labour Commissioner (Central), Patna, working under the Office of the Chief Labour Commissioner (Central) in the Ministry of Labour and Employment.

The Union Minister of Ports, Shipping and Waterways took part in the high-level government roundtable on World Maritime Day in Busan, South Korea, and used the same visit to meet the Korean marine equipment industry.

The awards sit under that initiative and were first held in 2019, since when they have grown into its flagship recognition for young ventures.

Its Shipping Deputy Minister, Marina Hadjimanolis, met the Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, at Busan and repeated her country's backing for India's effort to secure European Union recognition for eligible Indian ship-recycling facilities.

The India-EFTA Trade and Economic Partnership Agreement entered into force on that date, a point Commerce and Industry Minister Shri Piyush Goyal made while calling on Hereditary Prince Alois of Liechtenstein.

The correct answer is 10,000 crore rupees, the full outlay sanctioned for the scheme and available up to the financial year 2039-40.

The correct answer is 6.7 per cent, the year on year growth recorded by the quick estimates for September 2026.

MoSPI compiles and publishes the Index of Services Production, and it released the figures for August 2026 covering 19 broad sub-sectors on the base year 2024-25.

The Finance Ministry's clarification explains that DIPAM has no internal procedure for the situation in which the highest financial bid comes in below the reserve price, and that the Cabinet Committee on Economic Affairs, in its meeting of 16 August 2017, approved a note on the procedure and mechanism for…

The Department of Pension and Pensioners Welfare will open camps in 2000 cities and districts during the fifth nationwide Digital Life Certificate campaign, which runs from 1 to 30 November 2026.

NPCI International Payments Limited enabled UPI there in partnership with NEOPAY and Emaar Entertainment, and this is the first attraction anywhere in the Emirates to take UPI for online commerce rather than only for scanning a merchant code.

DigiDukaan is ONDC's effort to build digital infrastructure for India's general trade in retail by digitising kirana shops as buyers, while strengthening rather than replacing the existing distributor network.

The Competition Commission of India cleared its purchase of the entire equity share capital of IntelliSmart Infrastructure Private Limited, a company that works in advanced metering infrastructure for electricity and also puts up smart gas meters.

The Competition Commission of India approved the merger of Sapphire Foods India Limited with and into Devyani International Limited, along with certain related transactions placed before it as one proposed combination.

Total coal imports came down from 111.05 million tonnes in August 2025 to 104.57 million tonnes in August 2026, a reduction of 6.48 million tonnes, which works out to a fall of 5.83 per cent.

EPFO observed its 74th Foundation Day at the Dr. Ambedkar International Centre in New Delhi, marking a journey of seventy-four years from a statutory provident fund body, founded on a commitment of 1952, to one of the leading social security institutions in the country.

The option of Rs 10.52 crore is the benefit under the second settlement alone, signed on 23 October 2026 with the Bihar Gramin Bank Workers Organisation for around 2,500 employees, so it is a part and not the whole.

He was on the roundtable platform with the Indian Minister, who called IMO conventions an operational lighthouse for shipping at a time of geopolitical instability, piracy and disruption in the Red Sea, protecting seafarers, trade and supply chains.

The twenty sectoral categories span fields from agriculture and food systems to deep technology, clean energy, financial services, healthcare, logistics and tourism, while the three special categories are Women-Led Startups, startups from the North-Eastern Region, and the newly added Student Innovator or Aspiring Entrepreneur Award.

The aim set out during the Busan meetings is to make India a globally competitive hub for shipbuilding, shipping and maritime services by that year, which also marks a century of independence.

That is the investment aim written into the India-EFTA Trade and Economic Partnership Agreement, and it is paired with the facilitation of a million direct jobs in India.

The scheme envisages raising annual domestic container manufacturing capacity by roughly ten times, up to that level.

The correct answer is electricity and gas supply, which grew at the fastest rate among the four sectors that make up the index.

Every reading in the Index of Services Production is measured against output in that base year, so a sub-sector standing above the base-year level has grown since then and one standing below it has not recovered to where it was.

The clarification notes that IDBI was a government owned banking company until that year and became a government controlled banking company once LIC acquired majority stakes in it.

The campaign carries two numbers that are easy to confuse. The overall target is 2.30 crore digital life certificates, and within that total 1.50 crore are to be produced through face authentication technology.

A commercial agreement to bring UPI to that country was announced on 30 August 2026, during the visit of the Prime Minister of India to Uzbekistan, which places it next in line after the ten countries where the payment system already works.

That is the reach of DigiDukaan across Hyderabad, Jaipur and Mumbai, and it marks a rise from over 12,000 retailers in the previous quarter.

The Competition Commission of India approved the sale by that firm of the whole issued share capital of Solenergi Power Private Limited to Aditya Birla Renewables Limited.

Both companies operate franchise outlets of these two brands in India, and that overlap is the reason a merger between them is a matter for competition review rather than a routine corporate step.