Daily Current Affairs 2 September 2026
Daily current affairs for 2 September 2026 — 19 verified news items across Sports, Tamil Nadu, Economy & more, with exam-angle notes, keywords and practice…
In this digest · 19 items
Sports
Devdutt Padikkal Rises, Shubman Gill and Jasprit Bumrah Slip in ICC Test Rankings

In the latest ICC Test rankings update, Indian batsman Devdutt Padikkal has moved up the rankings, while fellow Indians Shubman Gill and Jasprit Bumrah have slipped. Additionally, Sri Lanka's Sonal Dinusha climbed 29 positions to reach 25th place after his resilient centuries in the second Test against India at Colombo.
Source The Hindu
Practice MCQs
Q1 Which Indian cricketer moved up in the latest ICC Test rankings?
- AShubman Gill
- BJasprit Bumrah
- CDevdutt PadikkalCorrect
- DSonal Dinusha
Explanation Devdutt Padikkal moved up in the latest ICC Test rankings, while Shubman Gill and Jasprit Bumrah slipped.
Q2 Which Sri Lankan player rose 29 positions to reach 25th in the ICC Test rankings after the second Test against India?
- ASonal DinushaCorrect
- BDevdutt Padikkal
- CShubman Gill
- DJasprit Bumrah
Explanation Sonal Dinusha moved up 29 positions to reach 25th after his centuries in the second Test at Colombo against India.
Q3 Where did Sonal Dinusha score resilient centuries that helped him rise in the ICC Test rankings?
- AMumbai
- BColomboCorrect
- CChennai
- DKolkata
Explanation Sonal Dinusha scored resilient centuries in the second Test at Colombo against India.
Tamil Nadu
Tamil Nadu CM Joseph Vijay to Visit UK from September 10 to 16

Tamil Nadu Chief Minister Joseph Vijay is scheduled to visit the United Kingdom from September 10 to 16, 2026. During this period, the state is also engaging with other global manufacturing hubs. A state delegation led by Minister Keerthana will travel to Taiwan on September 4 to participate in the Semicon conference, highlighting Tamil Nadu's focus on strengthening international economic and manufacturing ties.
Source Livemint
Practice MCQs
Q1 When will Tamil Nadu Chief Minister Joseph Vijay visit the UK in 2026?
- ASeptember 4 to 10
- BSeptember 10 to 16Correct
- CSeptember 16 to 22
- DSeptember 1 to 7
Explanation The Chief Minister's visit to the UK is scheduled from September 10 to 16, 2026.
Q2 Which global manufacturing hub will a Tamil Nadu delegation visit on September 4, 2026?
- ASouth Korea
- BJapan
- CTaiwanCorrect
- DGermany
Explanation A Tamil Nadu delegation led by Minister Keerthana will travel to Taiwan on September 4 to participate in the Semicon conference.
Q3 Who is leading the Tamil Nadu delegation to the Semicon conference in Taiwan?
- AChief Minister Joseph Vijay
- BMinister KeerthanaCorrect
- CGovernor Ramesh
- DMinister Anitha
Explanation Minister Keerthana is leading the Tamil Nadu delegation to the Semicon conference in Taiwan.
Economy
Japan's JCR upgrades India's sovereign rating to A- on strong growth

Japan Credit Rating Agency (JCR) upgraded India's sovereign credit rating from BBB+ to A- citing strong economic growth, fiscal consolidation, a healthier financial system, and resilient external finances. JCR highlighted India's robust 7% growth, strong consumption, public investment, and improved financial-sector soundness as key factors behind the upgrade. The agency expects India to grow over 6% in FY27 but noted high government debt as a key risk. The 'A' rating indicates a high level of certainty that India will honor its financial obligations.
Source Livemint
Practice MCQs
Q1 Which agency upgraded India's sovereign credit rating to A- in 2026?
- AJapan Credit Rating Agency (JCR)Correct
- BStandard & Poor's
- CMoody's Investors Service
- DFitch Ratings
Explanation Japan Credit Rating Agency (JCR) upgraded India's sovereign credit rating to A- as per the sources.
Q2 What was a key risk flagged by JCR despite upgrading India's rating to A-?
- AHigh government debtCorrect
- BLow economic growth
- CWeak external finances
- DPoor financial system
Explanation JCR noted high government debt as a key risk even after upgrading India's rating.
Q3 What growth rate does JCR expect India to achieve in FY27?
- AOver 6%Correct
- BExactly 5%
- CBelow 4%
- DAround 3%
Explanation JCR expects India to grow over 6% in FY27 according to the sources.
Indian Stock Markets Fall Amid Escalating West Asia Tensions and Rising Oil Prices

On September 2, 2026, Indian stock markets experienced a decline for the third consecutive day due to escalating tensions in West Asia and higher oil prices. The BSE Sensex dropped by 788.52 points to 76,155.76 in early trade, while the NSE Nifty fell by 269 points to 23,786.80. Major laggards among the 30 Sensex firms included Asian Paints, HDFC Bank, Mahindra & Mahindra, HCL Tech, Bharat Electronics, and Infosys.
Source The Hindu
Practice MCQs
Q1 What was the main reason for the fall in Indian stock markets on September 2, 2026?
- AEscalating tensions in West Asia and higher oil pricesCorrect
- BDomestic political instability
- CGlobal economic slowdown
- DMonsoon failure in India
Explanation The stock markets fell due to escalating tensions in West Asia and higher oil prices as reported.
Q2 Which of the following companies was NOT mentioned as a major laggard among the Sensex firms?
- AAsian Paints
- BHDFC Bank
- CReliance IndustriesCorrect
- DMahindra & Mahindra
Explanation Reliance Industries was not listed among the major laggards; the others were mentioned.
Q3 By how many points did the BSE Sensex fall in early trade on September 2, 2026?
- A269 points
- B788.52 pointsCorrect
- C1000 points
- D500 points
Explanation The BSE Sensex fell by 788.52 points as per the report.
India Revises Windfall Tax: Petrol Export Duty Raised, ATF Levy Reduced

From September 1, the Indian government revised the windfall tax on fuel exports. The export duty on petrol was reintroduced and raised to ₹1.5 per litre, while the diesel export duty was increased by ₹1. Additionally, the levy on aviation turbine fuel (ATF) exports was reduced by ₹0.50. These changes aim to adjust fiscal measures related to fuel exports.
Source Livemint
Practice MCQs
Q1 What change did the Indian government make to the petrol export duty effective September 1?
- AReduced it to ₹0 per litre
- BReintroduced it at ₹1.5 per litreCorrect
- CIncreased it by ₹1 per litre
- DRemoved the duty completely
Explanation The government reintroduced the export duty on petrol at ₹1.5 per litre from September 1.
Q2 How was the levy on aviation turbine fuel (ATF) exports changed from September 1?
- AIncreased by ₹1 per litre
- BReduced by ₹0.50 per litreCorrect
- CKept unchanged
- DRemoved completely
Explanation The levy on ATF exports was reduced by ₹0.50 per litre effective September 1.
Q3 What happened to the diesel export duty as per the government's revision from September 1?
- AIncreased by ₹1 per litreCorrect
- BReduced to zero
- CKept unchanged at ₹24 per litre
- DRemoved completely
Explanation The special excise duty on diesel exports was increased by ₹1 per litre from September 1.
Commercial LPG and Aviation Fuel Prices Increased Amid West Asia Conflict

On September 1, 2026, commercial LPG prices in India were increased by around ₹10 per cylinder, with free-trade 5-kg cylinders seeing a rise of approximately ₹2 per cylinder. The price of domestic LPG cylinders remained unchanged. Additionally, aviation turbine fuel (ATF) prices were hiked by ₹6.28 per litre. These price adjustments come amid disruptions caused by the West Asia war, which has significantly impacted LPG supplies, as India relies on West Asia for about 90% of its cooking gas imports.
Source Livemint
Practice MCQs
Q1 By how much were commercial LPG prices increased per cylinder in India on September 1, 2026?
- AAround ₹10Correct
- BAround ₹5
- CAround ₹2
- DNo increase
Explanation Commercial LPG prices were increased by around ₹10 per cylinder as reported.
Q2 What was the approximate price hike for free-trade 5-kg LPG cylinders on September 1, 2026?
- AAround ₹2 per cylinderCorrect
- BAround ₹10 per cylinder
- CNo change
- DAround ₹5 per cylinder
Explanation Free-trade 5-kg cylinders saw a price increase of approximately ₹2 per cylinder.
Q3 What percentage of India's cooking gas imports came from West Asia before the conflict?
- AAbout 90%Correct
- BAbout 50%
- CAbout 25%
- DAbout 10%
Explanation India relied on West Asia for about 90% of its cooking gas imports before the conflict.
India's Current Account Deficit Widens Marginally to $4.2 Billion in Q1

India's current account deficit widened marginally in the April-June quarter of 2026, reaching $4.2 billion. This increase was driven by higher commodity prices and a wider trade gap, according to data released by the Reserve Bank of India. The widening deficit reflects the impact of external economic factors on India's balance of payments during the first quarter of the fiscal year.
Source Livemint
Practice MCQs
Q1 What was the value of India's current account deficit in the April-June quarter of 2026?
- A$3.5 billion
- B$4.2 billionCorrect
- C$5.0 billion
- D$6.1 billion
Explanation The current account deficit widened to $4.2 billion in the April-June quarter of 2026 as per RBI data.
Q2 Which factors contributed to the widening of India's current account deficit in Q1 2026?
- ALower commodity prices and reduced trade gap
- BHigher commodity prices and wider trade gapCorrect
- CIncreased foreign investment and lower imports
- DDecreased exports and stable commodity prices
Explanation The widening deficit was due to higher commodity prices and a wider trade gap.
Q3 Which institution released the data on India's current account deficit for Q1 2026?
- AMinistry of Finance
- BReserve Bank of IndiaCorrect
- CNITI Aayog
- DSecurities and Exchange Board of India
Explanation The Reserve Bank of India released the data showing the current account deficit figures.
Miscellaneous
Key Health Updates: NFHS-6 Findings, Cancer Advances, and Vaccine Policies

The Hindu's Health Wrap episodes discussed significant health developments including key findings from India's NFHS-6 survey highlighting health and development indicators. Advances in cancer care, particularly in pancreatic and breast cancer treatments, were also covered. Additionally, changes in childhood vaccination policies in the U.S., new approaches to tuberculosis diagnosis and multi-testing, and the gender gap in cancer care were examined. Insights from Okinawa’s Blue Zone on longevity and healthy ageing were also featured.
Source The Hindu
Practice MCQs
Q1 Which health survey's key findings were discussed in The Hindu's Health Wrap episodes?
- ANFHS-4
- BNFHS-5
- CNFHS-6Correct
- DNFHS-7
Explanation The episodes discussed key findings from NFHS-6, India's latest health and development survey.
Q2 What cancer types were highlighted for recent advances in treatment in the Health Wrap episodes?
- ALung and colon cancer
- BPancreatic and breast cancerCorrect
- CSkin and prostate cancer
- DLeukemia and lymphoma
Explanation The episodes covered major advances in pancreatic and breast cancer treatment.
Q3 Which country's childhood vaccination policy changes were discussed in the Health Wrap episodes?
- AIndia
- BUnited Kingdom
- CUnited StatesCorrect
- DAustralia
Explanation The episodes examined changes in childhood vaccination policy in the United States.
National
NCLT Five-Member Bench Stays Subhash Chandra's ₹6.25 Crore Repayment Plan

The National Company Law Tribunal (NCLT) five-member bench has stayed the approval of Subhash Chandra's repayment plan of ₹6.25 crore against claims amounting to ₹22,006 crore in the Essel Group insolvency case. The bench has also directed Chandra not to dispose of any property during the pendency of the proceedings. Meanwhile, the National Company Law Appellate Tribunal (NCLAT) continues to hear lenders' appeal challenging the repayment plan, with the next hearing scheduled for 7 October 2026. Subhash Chandra opposes the constitution of the five-member bench in this matter.
Source Livemint
Practice MCQs
Q1 What amount did Subhash Chandra propose to repay in his insolvency case as per the NCLT proceedings?
- A₹22,006 crore
- B₹6.25 croreCorrect
- C₹7 crore
- D₹10 crore
Explanation Subhash Chandra's repayment plan proposed ₹6.25 crore against claims of ₹22,006 crore.
Q2 What directive did the NCLT five-member bench give to Subhash Chandra during the insolvency proceedings?
- ATo increase the repayment amount
- BNot to dispose of any property during the proceedingsCorrect
- CTo pay all creditors immediately
- DTo appear before the NCLAT on 7 October
Explanation The NCLT bench directed Subhash Chandra not to dispose of any property directly or indirectly during the pendency of the proceedings.
Q3 When is the National Company Law Appellate Tribunal (NCLAT) scheduled to hear the lenders' appeal against Subhash Chandra's repayment plan?
- A2 September 2026
- B1 September 2026
- C7 October 2026Correct
- D15 October 2026
Explanation The NCLAT is scheduled to hear the lenders' challenge to the repayment plan on 7 October 2026.
PM Modi lauds India's 7.8% GDP growth despite global instability

Prime Minister Narendra Modi congratulated the nation on achieving a 7.8% GDP growth rate in the first quarter of the 2026-27 financial year. In a video message shared on social media platforms including Instagram, he attributed this growth to the resolve and effort of the people. Modi also highlighted that this economic progress was achieved despite ongoing wars and global instability. Additionally, he reiterated an appeal for austerity measures, advising people not to buy gold unless necessary.
Source The Hindu
Practice MCQs
Q1 What was the GDP growth rate of India in the first quarter of the 2026-27 financial year as stated by PM Modi?
- A6.5%
- B7.8%Correct
- C8.2%
- D5.9%
Explanation PM Modi congratulated the country on achieving a 7.8% GDP growth rate in the first quarter of 2026-27.
Q2 According to PM Modi, what factors did India overcome to achieve the 7.8% GDP growth?
- AWars and instabilityCorrect
- BNatural disasters
- CTrade sanctions
- DPolitical unrest
Explanation PM Modi stated that the 7.8% growth was achieved despite wars and global instability.
Q3 What austerity measure did PM Modi reiterate in his message?
- AAvoid unnecessary gold purchasesCorrect
- BReduce electricity consumption
- CLimit foreign travel
- DCut down on fuel usage
Explanation PM Modi appealed to people not to buy gold unless necessary as part of austerity measures.
IndiGo Flight Makes Emergency Landing in Goa After Engine Snag

A Delhi-bound IndiGo flight made an emergency landing back in Goa due to an engine snag. The aircraft is currently undergoing maintenance checks and will resume operations after obtaining necessary clearances. Passengers were safely disembarked, and arrangements have been made for them to be flown to Delhi later in the afternoon.
Source The Hindu
Practice MCQs
Q1 Why did the IndiGo flight return to Goa and make an emergency landing?
- ADue to bad weather conditions
- BBecause of an engine snagCorrect
- CPassenger medical emergency
- DAir traffic control instructions
Explanation The flight made an emergency landing due to an engine snag, as reported by all sources.
Q2 What arrangements were made for the passengers after the IndiGo flight's emergency landing?
- APassengers were sent back to their homes
- BPassengers were flown to Delhi later in the afternoonCorrect
- CPassengers were kept overnight in Goa without further travel
- DPassengers were transferred to another airline immediately
Explanation Passengers were arranged to be flown to Delhi later in the afternoon after the emergency landing.
Q3 What is the status of the aircraft after the emergency landing?
- AIt was immediately scrapped
- BIt is undergoing maintenance checksCorrect
- CIt resumed operations without checks
- DIt was transferred to another airline
Explanation The aircraft is undergoing maintenance checks and will resume operations after securing necessary clearances.
Indian Statistical Institute Bill 2026 Referred to Parliamentary Committee

The Indian Statistical Institute Bill, 2026, which aims to provide a statutory framework to the Indian Statistical Institute, has been referred to a parliamentary standing committee. This referral came amid protests by the institute's faculty and demands from the Opposition for detailed scrutiny of the Bill. The Bill seeks to formalize the functioning and governance of the Indian Statistical Institute under a legal framework.
Source PRS Legislative Research
Practice MCQs
Q1 What is the primary purpose of the Indian Statistical Institute Bill, 2026?
- ATo provide a statutory framework to the Indian Statistical InstituteCorrect
- BTo merge the Indian Statistical Institute with another university
- CTo privatize the Indian Statistical Institute
- DTo dissolve the Indian Statistical Institute
Explanation The Bill aims to provide a statutory framework to the Indian Statistical Institute.
Q2 Why was the Indian Statistical Institute Bill, 2026 referred to a parliamentary standing committee?
- ADue to protests by the institute's faculty and demands by the OppositionCorrect
- BBecause it was passed unanimously
- CTo expedite its implementation
- DTo merge it with another bill
Explanation The Bill was referred to the committee amid protests by faculty and demands from the Opposition.
Q3 Which group demanded the referral of the Indian Statistical Institute Bill, 2026 to a standing committee?
- AThe OppositionCorrect
- BThe ruling party
- CThe institute's alumni
- DThe Ministry of Education
Explanation The Opposition demanded that the Bill be referred to a standing committee.
Central Team to Inspect Land Parcels for Bhadradri Kothagudem Airport in Telangana

A central technical team is scheduled to visit Telangana's Kothagudem on September 7 to examine four to five land parcels for the potential construction of an airport. The team will assess geographical, climate, and technical feasibility aspects. Earlier, two locations were found unsuitable for airport development due to technical constraints, prompting the search for alternative sites.
Source The Hindu
Practice MCQs
Q1 Why is the central technical team visiting Kothagudem in Telangana on September 7?
- ATo examine land parcels for a potential airportCorrect
- BTo inaugurate a new airport
- CTo conduct a climate study for agriculture
- DTo assess flood damage in the region
Explanation The central team will check geographical, climate conditions and technical feasibility needed for setting up airports at four to five land parcels in Kothagudem.
Q2 What was the reason for rejecting the two earlier examined locations for the airport in Telangana?
- ALack of government approval
- BTechnical constraintsCorrect
- CHigh land acquisition cost
- DEnvironmental protests
Explanation Two locations examined earlier were found unsuitable for airport construction due to technical constraints.
Q3 How many land parcels will the central team examine for the airport feasibility in Kothagudem?
- AOne to two
- BTwo to three
- CFour to fiveCorrect
- DMore than five
Explanation The central team will check geographical, climate conditions and technical feasibility needed for setting up airports at four to five land parcels.
International
Nepal Flash Flood Death Toll Surpasses 1,100 with Thousands Missing

Nepal has been struck by devastating flash floods resulting in over 1,100 deaths, with the police reporting the death toll at 1,127. Nearly 4,000 people remain missing. Authorities continue rescue and relief operations, and details of 911 unidentified bodies have been uploaded to the Nepal Police website to assist families in identifying their missing relatives.
Source The Hindu
Practice MCQs
Q1 As of the latest reports, what is the death toll from the Nepal flash floods?
- AOver 1,100Correct
- BAround 900
- CAbout 500
- DLess than 200
Explanation The death toll from the Nepal flash floods has risen to over 1,100, specifically reported as 1,127 by police.
Q2 What measure has Nepal Police taken to help families identify missing relatives after the flash floods?
- AUploaded details of 911 unidentified bodies on their websiteCorrect
- BOrganized mass funerals
- CDistributed relief materials door-to-door
- DSet up temporary shelters for families
Explanation Nepal Police uploaded details of 911 unidentified bodies on their website to help families identify missing relatives.
Q3 Approximately how many people are still missing after the Nepal flash floods?
- ANearly 4,000Correct
- BAbout 1,000
- CAround 500
- DLess than 100
Explanation Nearly 4,000 people remain missing following the devastating flash floods in Nepal.
Indian Citizen Among 12 Killed in Russian Attack on Ukraine

Ukrainian President Volodymyr Zelenskyy confirmed that 12 people were killed in the latest Russian attacks on Ukraine, including one Indian citizen. The attack took place in Kyiv, Ukraine's capital. Zelenskyy expressed his condolences to the families of those who lost their lives in the strike.
Source The Hindu
Practice MCQs
Q1 How many people were killed in the latest Russian attack on Ukraine according to President Zelenskyy?
- A10
- B12Correct
- C15
- D20
Explanation President Zelenskyy stated that 12 people were killed in the latest Russian attacks on Ukraine.
Q2 Among those killed in the Russian attack on Ukraine, which nationality was specifically mentioned?
- AAmerican
- BIndianCorrect
- CRussian
- DUkrainian
Explanation An Indian citizen was among those killed in the Russian attack on Ukraine.
Q3 In which city did the Russian strike that killed an Indian citizen occur?
- AKharkiv
- BKyivCorrect
- CLviv
- DOdessa
Explanation The strike occurred in Kyiv, the capital of Ukraine.
Science & Tech
CERN Director-General Advocates for More Mega-Science Projects

Mark Thomson, Director-General of CERN, emphasized the need for more mega-science projects globally during his visit to Mumbai. He highlighted that initiatives like the Future Circular Collider will advance innovation, technology, and imagination. Thomson's remarks were made at the India premiere of 'The Peace Particle', a documentary on CERN, underscoring the importance of large-scale scientific collaborations.
Source The Hindu
Practice MCQs
Q1 Who is the Director-General of CERN who visited Mumbai and spoke about mega-science projects?
- AMark ThomsonCorrect
- BFabiola Gianotti
- CRolf-Dieter Heuer
- DCarlo Rubbia
Explanation Mark Thomson is the Director-General of CERN who visited Mumbai and emphasized the need for more mega-science projects.
Q2 What is the name of the mega-science project mentioned by Mark Thomson that aims to push the boundaries of innovation?
- ALarge Hadron Collider
- BFuture Circular ColliderCorrect
- CInternational Space Station
- DJames Webb Telescope
Explanation Mark Thomson mentioned the Future Circular Collider as a project that will advance innovation, technology, and imagination.
Q3 During which event did Mark Thomson highlight the importance of mega-science projects in Mumbai?
- AIndia premiere of 'The Peace Particle'Correct
- BInternational Science Conference
- CCERN Annual Meeting
- DMumbai Science Festival
Explanation Mark Thomson spoke about mega-science projects during the India premiere of 'The Peace Particle', a documentary on CERN.
John Ternus appointed Apple CEO as Tim Cook steps down

John Ternus, previously Apple's hardware chief, has been appointed as the new CEO of Apple. This leadership change comes as the tech industry focuses on advancements in artificial intelligence. Tim Cook, who has led Apple since 2011, will step down from his CEO role and assume the position of executive chairman. The transition raises questions about whether Ternus's hardware expertise can help restore Apple's product edge.
Source The Hindu
Practice MCQs
Q1 Who has been appointed as the new CEO of Apple in 2026?
- ATim Cook
- BJohn TernusCorrect
- CSteve Jobs
- DSundar Pichai
Explanation John Ternus, Apple's hardware chief, was appointed as the new CEO in 2026.
Q2 What position will Tim Cook hold after stepping down as Apple CEO?
- AChief Technology Officer
- BChief Operating Officer
- CExecutive ChairmanCorrect
- DBoard Member
Explanation Tim Cook will become the executive chairman after stepping down as CEO.
Q3 What industry trend coincides with John Ternus's appointment as Apple CEO?
- ABlockchain development
- BArtificial intelligence advancementsCorrect
- CQuantum computing
- D5G network expansion
Explanation John Ternus's appointment comes at a time when the tech industry is focusing on advancements in artificial intelligence.
Government Schemes
IRDAI Proposes Public Insurance Registry to Enhance Transparency and Digital Infrastructure

The Insurance Regulatory and Development Authority of India (IRDAI) has initiated a consultation for establishing a Public Insurance Registry (PIR). The PIR aims to create a centralized digital public infrastructure to address information and interoperability gaps in the insurance sector. It will provide a consistent and authoritative view of insurance records while keeping relevant information with the source institutions. The registry is expected to boost transparency, reduce information gaps, foster competition, and enable insurers to offer innovative products, competitive pricing, and improved customer service.
Source BusinessLine
Practice MCQs
Q1 What is the primary purpose of the Public Insurance Registry proposed by IRDAI?
- ATo create a centralized digital infrastructure addressing information gaps in insuranceCorrect
- BTo privatize insurance companies in India
- CTo eliminate all insurance intermediaries
- DTo merge all insurance companies into one entity
Explanation The Public Insurance Registry is proposed to create a centralized digital public infrastructure to address information and interoperability gaps in the insurance sector.
Q2 According to the IRDAI proposal, how will the Public Insurance Registry affect insurance service?
- AIt will reduce transparency and limit competition
- BIt will boost transparency and foster greater competitionCorrect
- CIt will only benefit insurance companies without affecting customers
- DIt will replace all existing insurance records with a single database
Explanation The PIR is expected to boost transparency, reduce information gaps, and foster greater competition among insurers and market participants.
Q3 In the proposed Public Insurance Registry, where will the relevant insurance information be maintained?
- AAt a centralized government database only
- BWith the respective source institutionsCorrect
- COn individual customer devices
- DIn a private cloud managed by insurers
Explanation The registry will provide a consistent view of insurance records while allowing relevant information to remain with the respective source institutions.
Banking
RBI appoints Suman Ray as Executive Director overseeing Deposit Insurance

The Reserve Bank of India has appointed Suman Ray as Executive Director. With over three decades of experience in the RBI, Ray has worked in areas such as Currency Management, Financial Inclusion, Payment and Settlement Systems, Consumer Education and Protection, and Human Resources. In his new role, he will oversee the Department of Deposit Insurance & Credit Guarantee Corporation and the Premises Department.
Source The Hindu
Practice MCQs
Q1 Who has been appointed as Executive Director of the Reserve Bank of India?
- ASuman RayCorrect
- BShaktikanta Das
- CUrjit Patel
- DRaghuram Rajan
Explanation Suman Ray has been appointed as Executive Director of the Reserve Bank of India.
Q2 Which departments will Suman Ray oversee as Executive Director at RBI?
- ADepartment of Deposit Insurance & Credit Guarantee Corporation and Premises DepartmentCorrect
- BCurrency Management and Financial Inclusion
- CPayment and Settlement System and Consumer Education
- DHuman Resources and Currency Management
Explanation In his new role, Suman Ray will look after the Department of Deposit Insurance & Credit Guarantee Corporation and the Premises Department.
Q3 How many years of experience does Suman Ray have in the Reserve Bank of India?
- AOver three decadesCorrect
- BAround ten years
- CFive years
- DTwo decades
Explanation Suman Ray has over three decades of experience in the Reserve Bank of India.
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