PM Opens 7th Global Fintech Fest 2026 in Mumbai

The correct answer is Mumbai. Prime Minister Narendra Modi inaugurated the seventh edition of the Global Fintech Fest there on 8 September 2026, and the festival continues in the same city until 11 September 2026. Option A, New Delhi, hosts many national conferences and is therefore the most natural wrong guess, but this fest is anchored in the country's financial capital. Option C, Bengaluru, is associated with technology and start-ups, which makes it plausible for a fintech event, yet it is not the venue named here. Option D, Gandhinagar, hosts the international financial services centre at GIFT City, whose regulator supports this fest, so a well read candidate may be tempted; support from a regulator is not the same as hosting the event. While revising, fix the edition number with the city and the dates, because questions on summits almost always test that combination.

The correct answer is Agentic AI, tokenisation and quantum. The theme of this edition is Potential to Impact, and these three technologies are described as the foundations that are moving global finance towards autonomous, programmable and secure systems for inclusive finance. Agentic AI allows a financial system to sense, decide and act in real time within governance rules. Tokenisation turns assets into programmable digital units, which permits fractional ownership and instant settlement. Quantum technology changes computation and security, and covers quantum-safe cryptography as well as advanced risk optimisation. Option A, option C and option D list technologies that are widely discussed in other contexts, and a candidate who has only skimmed the news may pick one of them, but none of these sets is the trio named in the theme. The Prime Minister too spoke of these three opening new possibilities in the financial sector.

The correct answer is the National Payments Corporation of India. The fest is organised principally by the Payments Council of India, the National Payments Corporation of India and the Fintech Convergence Council, and it receives support from several ministries and regulators, among them the Reserve Bank of India, the Securities and Exchange Board of India, NITI Aayog, the International Financial Services Centres Authority and the Pension Fund Regulatory and Development Authority. Option B is a financial sector regulator but is not listed among the organisers of this event. Option C works on foodgrain procurement and storage and has nothing to do with financial technology. Option D is an association of banks and sounds plausible to a candidate guessing from the subject, yet it does not appear in the list of organisers. Remember the three organisers together, since the question is usually set on that trio.