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Current Affairs Quiz

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

  • 30 questions
  • 30 minutes
  • Difficulty: Medium
Useful for:Banking
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About this quiz

This Banking current affairs quiz puts 30 multiple-choice questions to you from 30 stories published in the week of 26 October – 1 November 2026 that matter for the Banking general awareness section. The questions are the same verified MCQs that accompany GK24's articles, chosen here for their relevance to Banking, and every one carries a full explanation of the correct option and of why the other options are wrong. Attempt the quiz within the timer, review the explanations at the end, and read the stories behind the questions on their articles or the day's edition page. Bookmark it for a quick revision before the exam.

Questions in this quiz

30 questions with answers and explanations

Q1.Banking & FinanceEasy

The two industrial settlements of October 2026 involved which bank?

  1. A.Bihar Gramin Bank
  2. B.Dakshin Bihar Gramin Bank
  3. C.Bihar State Co-operative Bank
  4. D.Central Bank of India
Show answer
Correct answer: A. Bihar Gramin Bank

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.

Q2.Reports & IndicesEasy

Which ministry releases the Index of Services Production?

  1. A.Ministry of Commerce and Industry
  2. B.Ministry of Finance
  3. C.Ministry of Statistics and Programme Implementation
  4. D.Reserve Bank of India
Show answer
Correct answer: C. Ministry of Statistics and Programme Implementation

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.

Q3.Banking & FinanceMedium

Which body was empowered by the Cabinet Committee on Economic Affairs to decide procedural issues and allow deviations in strategic disinvestment, and so fixed the best offer round for IDBI Bank?

  1. A.The Securities and Exchange Board of India
  2. B.The Core Group of Secretaries on Disinvestment
  3. C.The Reserve Bank of India
  4. D.The Department of Financial Services
Show answer
Correct answer: B. The Core Group of Secretaries on Disinvestment

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…

Q4.EconomyEasy

Which open network runs the DigiDukaan initiative that digitises kirana stores as buyers?

  1. A.Open Network for Digital Commerce (ONDC)
  2. B.Government e-Marketplace (GeM)
  3. C.National Payments Corporation of India
  4. D.Open Credit Enablement Network
Show answer
Correct answer: A. Open Network for Digital Commerce (ONDC)

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.

Q6.Science & TechnologyMedium

Which body is organising the Emerging Science, Technology and Innovation Conclave (ESTIC 2026)?

  1. A.Indian Council of Medical Research
  2. B.Council of Scientific and Industrial Research
  3. C.Indian Space Research Organisation
  4. D.Department of Atomic Energy
Show answer
Correct answer: B. Council of Scientific and Industrial Research

ESTIC 2026 is a flagship national platform organised by CSIR under the guidance of the Office of the Principal Scientific Adviser to the Government of India, and it is scheduled for 27 to 29 October 2026 at Bharat Mandapam in New Delhi.

Q8.Science & TechnologyMedium

How much has the Union Budget 2026-27 allocated for AVGC Content Creator Labs?

  1. A.Rs 150 crore
  2. B.Rs 250 crore
  3. C.Rs 500 crore
  4. D.Rs 1,000 crore
Show answer
Correct answer: B. Rs 250 crore

The allocation is meant to set up Animation, Visual Effects, Gaming and Comics Content Creator Labs in 15,000 secondary schools and 500 colleges across the country, and the Indian Institute of Creative Technologies in Mumbai will plan, coordinate and implement the initiative as the nodal agency.

Q10.Science & TechnologyEasy

How much support has the Technology Development Board sanctioned to Manastu Space Technologies under the RDI Fund?

  1. A.Rs 96 crore
  2. B.Rs 116 crore
  3. C.Rs 277.63 crore
  4. D.Rs 350 crore
Show answer
Correct answer: B. Rs 116 crore

The Technology Development Board, which functions under the Department of Science and Technology, signed an agreement with Manastu Space Technologies Private Limited of Navi Mumbai for financial support of Rs 116 crore drawn from the Research Development and Innovation Fund, and this money is being routed as Optionally Convertible Debt.

Q11.EconomyEasy

Component II of the RELIEF initiative has been extended until which date?

  1. A.31 December 2026
  2. B.31 March 2027
  3. C.30 September 2027
  4. D.31 March 2028
Show answer
Correct answer: B. 31 March 2027

The Department of Commerce has carried forward the timelines of Component II of RELIEF, the time-bound intervention that sits under the Export Promotion Mission, up to the close of March 2027, and the change was notified through Notification No. 37/2026-27 issued on 30 September 2026.

Q12.NationalEasy

Who will deliver the 67th Sardar Patel Memorial Lecture?

  1. A.Dr. Mansukh Mandaviya
  2. B.Shri Shivraj Singh Chouhan
  3. C.Dr. S. Jaishankar
  4. D.Shri Ajit Doval
Show answer
Correct answer: B. Shri Shivraj Singh Chouhan

The correct answer is Shri Shivraj Singh Chouhan, the Union Minister of Agriculture and Farmers Welfare and of Rural Development, who is to deliver the sixty seventh lecture in the series at the Rang Bhawan Auditorium of Akashvani in New Delhi.

Q13.NationalMedium

Which committee, chaired by the Cabinet Secretary, met on 26 October 2026 to review preparedness for the cyclone building over the Bay of Bengal?

  1. A.The National Disaster Management Authority
  2. B.The National Crisis Management Committee
  3. C.The National Executive Committee
  4. D.The Cabinet Committee on Security
Show answer
Correct answer: B. The National Crisis Management Committee

Cabinet Secretary Dr. T. V. Somanathan chaired its meeting to review how prepared the Centre and the coastal States were for the approaching cyclone, with Chief Secretaries of the affected States, the Union Home Secretary and the heads of the NDRF, the IMD and the Coast Guard taking part.

Q14.Reports & IndicesEasy

According to MoSPI's Flash Report for September 2026, how many ongoing central sector infrastructure projects are being monitored and at what cost?

  1. A.1,853 projects worth Rs 37.56 lakh crore
  2. B.1,320 projects worth Rs 20.07 lakh crore
  3. C.780 projects worth Rs 17.73 lakh crore
  4. D.1,073 projects worth Rs 11.04 lakh crore
Show answer
Correct answer: A. 1,853 projects worth Rs 37.56 lakh crore

That is the headline figure of the Monthly Flash Report for September 2026, covering projects of Rs 150 crore and above spread over 17 central Ministries and Departments and tracked on the PAIMANA platform.

Q15.NationalEasy

In TRAI's recommendations released on 26 October 2026, what does the abbreviation ALTD stand for?

  1. A.Advanced Linear Television Dissemination
  2. B.Application-based Linear Television Distribution
  3. C.Audience Linked Television Data
  4. D.Addressable Local Television Delivery
Show answer
Correct answer: B. Application-based Linear Television Distribution

TRAI adopted this label because the services it examined aggregate scheduled linear television channels and deliver them to viewers over the public internet or other IP-based networks through apps, websites or similar interfaces, whether the app comes pre-loaded on a television set, is downloaded by the viewer, or runs in…

Q16.EconomyEasy

How many product catalogue listings does The AABHAR Collection on the Government e-Marketplace carry?

  1. A.194 listings from 8 emporiums
  2. B.294 listings from 10 emporiums
  3. C.394 listings from 12 emporiums
  4. D.494 listings from 15 emporiums
Show answer
Correct answer: B. 294 listings from 10 emporiums

The storefront draws its catalogue from ten State and Central handloom and handicraft emporiums, among them COTTAGE of the Central Cottage Industries Emporium, KHADI INDIA of the Khadi and Village Industries Commission, Garvi Gurjari of Gujarat, Himcrafts of Himachal Pradesh, Jharcraft of Jharkhand, Cauvery of Karnataka, Mrignayani of Madhya Pradesh…

Q17.Government SchemesMedium

The first National SARAS Mela to be held outside Delhi-NCR is taking place at which venue?

  1. A.Bharat Mandapam, New Delhi
  2. B.Punnami Ghat, Vijayawada
  3. C.Marina Beach, Chennai
  4. D.Sabarmati Riverfront, Ahmedabad
Show answer
Correct answer: B. Punnami Ghat, Vijayawada

The Ministry of Rural Development is holding the Mela there with the State government and with support from NABARD, NIRDPR and Kudumbashree, and this is the first National SARAS Mela to move out of Delhi-NCR.

Q19.Government SchemesEasy

How many service providers is the Ministry of Health and Family Welfare to train in de-addiction services by March 2029?

  1. A.5,000
  2. B.10,000
  3. C.20,000
  4. D.50,000
Show answer
Correct answer: B. 10,000

Under the Vision Document on Narcotic Control for the period 2026 to 2029, the Ministry of Health and Family Welfare has been entrusted with building the capacity of this many service providers, including medical and allied healthcare personnel engaged in de-addiction services, by March 2029.

Q20.EnvironmentMedium

Which rules has the Ministry of Road Transport and Highways amended to support E85 and E100 flex fuel vehicles?

  1. A.The Motor Vehicles Act, 1988
  2. B.The Central Motor Vehicles Rules, 1989
  3. C.The Environment Protection Rules, 1986
  4. D.The Energy Conservation Rules, 2001
Show answer
Correct answer: B. The Central Motor Vehicles Rules, 1989

The Ministry notified amendments to these rules so that vehicles capable of running on E85 and other high ethanol fuels can be certified and brought into use.

Q21.Reports & IndicesMedium

ASUSE 2027-28 is proposed to be conducted over which period?

  1. A.January 2027 to December 2027
  2. B.April 2027 to March 2028
  3. C.July 2027 to June 2028
  4. D.October 2027 to September 2028
Show answer
Correct answer: B. April 2027 to March 2028

The Ministry of Statistics and Programme Implementation has proposed moving the Annual Survey of Unincorporated Sector Enterprises from the calendar-year cycle it has followed so far to the financial year, so that its reference period matches that of other enterprise surveys such as the Annual Survey of Industries and the…

Q23.Important DaysEasy

What is the theme of Vigilance Awareness Week 2026?

  1. A.Probity for Prosperity
  2. B.Vigilance for Viksit Bharat
  3. C.Say No to Corruption, Commit to the Nation
  4. D.Integrity Begins at Home
Show answer
Correct answer: A. Probity for Prosperity

The theme set for the week is 'Satyanishtha se Samriddhi', which the government renders in English as Probity for Prosperity, and it treats honesty, integrity and openness as the pillars that hold up good governance and public trust in institutions.

Q24.NationalEasy

The Vice-President addressed the Ruby Jubilee celebrations of which university in October 2026?

  1. A.Andhra University, Visakhapatnam
  2. B.Dr. NTR University of Health Sciences, Vijayawada
  3. C.Sri Venkateswara Institute of Medical Sciences, Tirupati
  4. D.Osmania University, Hyderabad
Show answer
Correct answer: B. Dr. NTR University of Health Sciences, Vijayawada

Vice-President C. P. Radhakrishnan addressed its 40th anniversary, called the Ruby Jubilee, in Vijayawada in Andhra Pradesh, released a souvenir on the university's forty-year journey and asked its researchers to aim for global recognition in medical science.

Q25.Government SchemesEasy

Shilp Samagam Mela is organised by which ministry?

  1. A.Ministry of Textiles
  2. B.Ministry of Social Justice and Empowerment
  3. C.Ministry of Rural Development
  4. D.Ministry of Micro, Small and Medium Enterprises
Show answer
Correct answer: B. Ministry of Social Justice and Empowerment

The correct answer is the Ministry of Social Justice and Empowerment, which runs the Shilp Samagam Mela to give marketing support to artisans and beneficiaries attached to its three national corporations.

Q27.Awards & HonoursMedium

Who chaired the 328th meeting of the Executive Council of the Indian Institute of Public Administration?

  1. A.The Cabinet Secretary
  2. B.Dr. Jitendra Singh
  3. C.The Vice-President of India
  4. D.Prof. K. Chockalingam
Show answer
Correct answer: B. Dr. Jitendra Singh

He is Minister of State with independent charge for Science and Technology and Minister of State in the Prime Minister's Office and for Personnel, Public Grievances and Pensions as well as the Department of Space and Atomic Energy, and the chairmanship of the institute goes with the personnel portfolio.

Q28.NationalEasy

Special Campaign 6.0 for Swachhata and disposal of pending matters is being held during which period in 2026?

  1. A.15 August to 15 September
  2. B.2 October to 31 October
  3. C.1 November to 30 November
  4. D.2 September to 2 October
Show answer
Correct answer: B. 2 October to 31 October

The sixth edition of the Centre’s special campaign on cleanliness in government offices and the clearing of pending matters began on 2 October 2026 and ends on 31 October 2026, with the targets fixed earlier in a preparatory phase.

Q29.InternationalEasy

The India-Netherlands Business Forum of October 2026 was co-chaired by Piyush Goyal and which Dutch minister?

  1. A.Heleen Herbert, Minister of Economic Affairs and Climate
  2. B.Sjoerd Sjoerdsma, Minister for Foreign Trade and Development Cooperation
  3. C.Arthur van Dijk, King's Commissioner of North Holland
  4. D.The Dutch Minister of Finance
Show answer
Correct answer: B. Sjoerd Sjoerdsma, Minister for Foreign Trade and Development Cooperation

He holds the Dutch portfolio of Foreign Trade and Development Cooperation, and he chaired the India-Netherlands Business Forum jointly with India's Commerce and Industry Minister Piyush Goyal during the visit of 26 October 2026.

Q30.Government SchemesEasy

Which ministry is the nodal ministry for the Atal Vayo Abhyuday Yojana?

  1. A.Ministry of Health and Family Welfare
  2. B.Ministry of Social Justice and Empowerment
  3. C.Ministry of Rural Development
  4. D.Ministry of Women and Child Development
Show answer
Correct answer: B. Ministry of Social Justice and Empowerment

It is the nodal ministry for the Atal Vayo Abhyuday Yojana and handles policy formulation, funding, monitoring and overall implementation through its Department of Social Justice and Empowerment.

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