Daily Current Affairs 18 September 2026

Q1 What is the main purpose of the RBI's Rural Co-operative Banks – KYC Amendment Directions, 2026?

• ATo introduce new banking products for rural areas
• BTo comply with the Prevention of Money Laundering Act, 2002Correct
• CTo increase interest rates for rural loans
• DTo merge rural co-operative banks with commercial banks

Explanation The amendment directions were issued to ensure compliance with the Prevention of Money Laundering Act, 2002.

Q2 When were the original RBI Directions for Rural Co-operative Banks – KYC issued before the 2026 amendment?

• ASeptember 18, 2026
• BNovember 28, 2025Correct
• CJanuary 1, 2026
• DDecember 31, 2025

Explanation The original Directions were issued on November 28, 2025.

Q3 Which act's provisions do the RBI's KYC Directions for Rural Co-operative Banks comply with?

• ABanking Regulation Act, 1949
• BPrevention of Money Laundering Act, 2002Correct
• CCompanies Act, 2013
• DNegotiable Instruments Act, 1881

Explanation The Directions comply with the Prevention of Money Laundering Act, 2002.

Q1 What is Moody's revised GDP growth forecast for India in fiscal year 2027?

• A6%
• B7%Correct
• C8%
• D5.5%

Explanation Moody's raised India's GDP growth forecast to 7% for fiscal 2027.

Q2 Which factors did Moody's cite as risks to India's economic growth in fiscal 2027?

• AElevated energy prices and El Niño-related food price pressuresCorrect
• BDeclining domestic demand and weak investment
• CStrong currency and low inflation
• DStable energy prices and good monsoon

Explanation Moody's warned that elevated energy prices and El Niño-related food price pressures pose risks to inflation, consumption, and growth.

Q3 According to Moody's, what regional crisis could impact India's inflation and current account deficit?

• ASouth China Sea crisis
• BWest Asia crisisCorrect
• CEuropean debt crisis
• DAfrican drought crisis

Explanation Moody's cited the West Asia crisis as a factor that could fuel inflation and widen the current account deficit.

Q1 By what percentage did net direct tax collection rise till September 17, 2026?

• A6%
• B13%Correct
• C18%
• D29.19%

Explanation Net direct tax collection rose by 13% to ₹12.12 lakh crore till September 17, 2026.

Q2 What was the approximate corporate tax collection till September 17, 2026?

• A₹5.56 lakh croreCorrect
• B₹6.16 lakh crore
• C₹2.20 lakh crore
• D₹12.12 lakh crore

Explanation Corporate tax mop-up grew 19.48% to about ₹5.56 lakh crore till September 17, 2026.

Q3 How much did tax refunds issued increase till September 17, 2026?

• A6%
• B18%
• C29.19%Correct
• D13%

Explanation Refund issuance jumped 29.19% to over ₹2.20 lakh crore till September 17, 2026.

Q1 Which organization released the Overseas Direct Investment data for August 2026?

• AReserve Bank of IndiaCorrect
• BSecurities and Exchange Board of India
• CMinistry of Finance
• DDepartment of Commerce

Explanation The Reserve Bank of India released the Overseas Direct Investment data for August 2026.

Q2 Who communicated the RBI's press release on Overseas Direct Investment for August 2026?

• AShaktikanta Das
• BAjit PrasadCorrect
• CUrjit Patel
• DRaghuram Rajan

Explanation Ajit Prasad, Deputy General Manager (Communications), communicated the RBI's press release on Overseas Direct Investment for August 2026.

Q3 The Overseas Direct Investment data released by RBI for August 2026 includes investments under which routes?

• AAutomatic Route only
• BApproval Route only
• CBoth Automatic and Approval RoutesCorrect
• DNeither Automatic nor Approval Routes

Explanation The data covers Overseas Direct Investment under both the Automatic Route and the Approval Route.

Q1 How much does Oil India plan to invest in offshore deepwater exploration over the next three years?

• A₹10,000 crore
• B₹15,000 croreCorrect
• C₹20,000 crore
• D₹84,084 crore

Explanation Oil India plans to invest ₹15,000 crore over the next three years for offshore deepwater exploration.

Q2 What did CMD Ranjit Rath say about technological challenges in deepwater exploration?

• AThere are significant technological challenges
• BTechnological challenges are manageable with foreign help
• CNo technological or infrastructural challenges are foreseenCorrect
• DChallenges will delay the project by two years

Explanation CMD Ranjit Rath stated that Oil India does not foresee any technological or infrastructural challenges for deepwater exploration.

Q3 What is the total outlay approved by the Union cabinet for the national offshore exploration scheme until FY31?

• A₹15,000 crore
• B₹50,000 crore
• C₹84,084 croreCorrect
• D₹100,000 crore

Explanation The Union cabinet approved a national offshore exploration scheme with an outlay of ₹84,084 crore until FY31.

Q1 What caused the Indian rupee to slip below 96 per US dollar in early trade?

• AMarket expectations of a US Federal Reserve interest rate hikeCorrect
• BA decrease in the US dollar index
• CIntervention by the Reserve Bank of India
• DA rise in Indian inflation rates

Explanation The rupee slipped below 96 due to a higher dollar index attributed to market expectations of a US Federal Reserve interest rate hike.

Q2 How did the Indian rupee perform after initially slipping below 96 per dollar?

• AIt continued to fall sharply
• BIt gained 10 paise following suspected RBI interventionCorrect
• CIt remained steady without change
• DIt fell further by 3 paise

Explanation After slipping below 96, the rupee pared losses and gained 10 paise following suspected intervention by the Reserve Bank of India.

Q3 When did the US Federal Reserve announce its monetary policy decision related to the rupee's movement?

• ASeptember 15
• BSeptember 16Correct
• CSeptember 17
• DSeptember 18

Explanation The US Federal Reserve announced its monetary policy decision on September 16, which influenced the rupee's movement.

Q1 When were the revised film certification guidelines notified by the Ministry of Information and Broadcasting?

• ASeptember 16, 2026Correct
• BSeptember 18, 2026
• CJanuary 1, 2026
• DDecember 31, 2025

Explanation The revised guidelines were notified on September 16, 2026, as per the Ministry of Information and Broadcasting.

Q2 What new requirement is included in the CBFC's revised film certification guidelines?

• AStatutory warning for scenes depicting drug useCorrect
• BBan on all scenes with violence
• CMandatory subtitles in all films
• DRestriction on film length to 2 hours

Explanation The new guidelines include a statutory warning for scenes depicting drug use.

Q3 Under which act were the revised film certification guidelines notified?

• ACinematograph ActCorrect
• BInformation Technology Act
• CCopyright Act
• DFilm Regulation Act

Explanation The revised guidelines were notified under the Cinematograph Act.

Q1 When did Qdenga receive marketing authorisation from the CDSCO in India?

• AJuly 2026Correct
• BJanuary 2027
• CSeptember 2026
• DDecember 2025

Explanation Qdenga received marketing authorisation from the CDSCO in July 2026.

Q2 Which companies have partnered to distribute India's first dengue vaccine Qdenga?

• ADr. Reddy's and Takeda PharmaceuticalsCorrect
• BSerum Institute and Pfizer
• CCipla and Johnson & Johnson
• DSun Pharma and Moderna

Explanation Dr. Reddy's Laboratories and Takeda Pharmaceuticals have inked a pact to distribute Qdenga.

Q3 For which age group is the dengue vaccine Qdenga approved in India?

• A4 to 60 yearsCorrect
• B1 to 18 years
• C18 to 65 years
• DAll age groups

Explanation Qdenga is approved for individuals aged 4 to 60 years.

Q1 What action did FSSAI take against Dabur India regarding its product lines?

• AOrdered an audit of 27 product lines for misleading health claimsCorrect
• BBanned all Dabur products nationwide
• CApproved new health claims without audit
• DReduced taxes on Dabur products

Explanation FSSAI mandated an audit of 27 Dabur product lines due to misleading health claims.

Q2 What did FSSAI require from Dabur India to support its health claims?

• AScientific evidence for the claimsCorrect
• BCelebrity endorsements
• CIncreased advertising budget
• DLower product prices

Explanation FSSAI required Dabur to provide scientific evidence to substantiate its health claims.

Q3 What is the primary reason for FSSAI's intensified scrutiny of Dabur products?

• AMisleading health claims on product labelsCorrect
• BPoor packaging quality
• CHigh product prices
• DLack of availability in markets

Explanation FSSAI's intensified scrutiny was due to misleading health claims made by Dabur on its products.

Q1 Who were named as India's flag bearers at the 2026 Asian Games opening ceremony?

• AManu Bhaker and Tejinderpal ToorCorrect
• BManu Bhaker and Neeraj Chopra
• CTejinderpal Toor and Bajrang Punia
• DNeeraj Chopra and Bajrang Punia

Explanation Manu Bhaker and Tejinderpal Toor were named as India's flag bearers at the 2026 Asian Games opening ceremony.

Q2 What is a notable achievement of Manu Bhaker mentioned in relation to the Olympics?

• AFirst Indian to win two medals in a single OlympicsCorrect
• BFirst Indian woman to win an Olympic gold
• CYoungest Indian Olympian
• DFirst Indian to participate in shooting at Olympics

Explanation Manu Bhaker is the first athlete from independent India to win two medals in a single Olympics.

Q3 What achievement is associated with Tejinderpal Toor in the Asian Games?

• AWon gold in the last two Asian GamesCorrect
• BWon silver in the last Asian Games
• CParticipated for the first time in 2026
• DWon bronze in the last Asian Games

Explanation Tejinderpal Toor has won gold medals in the last two Asian Games.

Q1 What was the result of the match between India and Japan women's cricket teams at Asian Games 2026?

• AIndia won by eight wicketsCorrect
• BJapan won by eight wickets
• CMatch was a draw
• DIndia lost by 58 runs

Explanation India won by eight wickets after chasing the target of 58 runs in five overs.

Q2 Which sports titles is India defending at the Asian Games 2026?

• AMen's and women's cricket, kabaddi, and men's hockeyCorrect
• BMen's football and women's badminton
• CMen's cricket and men's football
• DWomen's cricket and men's basketball

Explanation India is defending titles in men's and women's cricket, kabaddi, and men's hockey.

Q3 How many runs did India chase to win against Japan in women's cricket at Asian Games 2026?

• A58 runsCorrect
• B100 runs
• C75 runs
• D45 runs

Explanation India chased a target of 58 runs set by Japan.

Q1 Which country requested the Asian Hockey Federation to shift its matches from India in the Asian Champions Trophy?

• AIndia
• BPakistanCorrect
• CBangladesh
• DSri Lanka

Explanation Pakistan requested the Asian Hockey Federation to shift its matches from India.

Q2 What was Hockey India's response to Pakistan's request to change the venue of the Asian Champions Trophy?

• AThey agreed to shift the venue
• BThey postponed the tournament
• CThey rejected the request and confirmed no change in venueCorrect
• DThey moved the tournament to a neutral country

Explanation Hockey India secretary general Bhola Nath Singh rejected the request and confirmed there will be no change in the venue.

Q3 Where is the Asian Champions Trophy scheduled to be held?

• ANew Delhi and Mumbai
• BChennai and Bengaluru
• CMohali and JalandharCorrect
• DKolkata and Hyderabad

Explanation The tournament is scheduled to be held in Punjab's Mohali and Jalandhar.

Q1 What was the basis for the inaugural meeting of the Pakistan-China Boundary Joint Commission held in Islamabad in 2026?

• AThe 2013 Agreement on the Boundary Management SystemCorrect
• BThe 1947 Partition Agreement
• CThe 1999 Kargil Agreement
• DThe 2003 Ceasefire Agreement

Explanation The inaugural meeting was held based on the 2013 Agreement on the Boundary Management System.

Q2 What is India's official position regarding the Pakistan-China Boundary Joint Commission?

• AIndia supports the commission as a peace initiative
• BIndia rejects the commission stating it has no legal basisCorrect
• CIndia has no comment on the commission
• DIndia is part of the commission as a mediator

Explanation India rejects the commission, stating it has no legal basis and reaffirming that Jammu & Kashmir and Ladakh are integral parts of India.

Q3 Which regions did India emphasize as integral and inalienable parts of the country in response to the Pakistan-China Boundary Joint Commission?

• APunjab and Haryana
• BJammu & Kashmir and LadakhCorrect
• CRajasthan and Gujarat
• DArunachal Pradesh and Sikkim

Explanation India emphasized Jammu & Kashmir and Ladakh as integral and inalienable parts of India.

Q1 What action did the Election Commission take regarding the Trinamool Congress on September 17, 2026?

• AIt froze the party's name and symbolCorrect
• BIt recognized Mamata Banerjee as the sole leader
• CIt merged the two factions into one party
• DIt disqualified the party from all elections

Explanation The Election Commission froze the name and symbol of the Trinamool Congress following factional disputes.

Q2 Which two factions of the Trinamool Congress were involved in the Election Commission's interim order?

• AKalighat Trinamool and Ritobroto TrinamoolCorrect
• BBengal Trinamool and National Trinamool
• CMamata Trinamool and Banerjee Trinamool
• DEastern Trinamool and Western Trinamool

Explanation The Election Commission held meetings with 'Kalighat Trinamool' and 'Ritobroto Trinamool' before issuing the interim order.

Q3 What was the Congress party's reaction to the Election Commission's decision on the Trinamool Congress?

• AThey praised the impartiality of the Election Commission
• BThey claimed the poll body is a puppet of the BJPCorrect
• CThey supported the freezing of the party symbol
• DThey remained neutral on the issue

Explanation The Congress party criticized the Election Commission, alleging it is a puppet in the hands of the BJP.

Q1 Who opposed N. Chandrasekaran's reappointment as Tata Sons chairman?

• ARatan Tata
• BNoel TataCorrect
• CTata Trusts Chairman
• DN. Chandrasekaran himself

Explanation Noel Tata opposed the decision to reappoint N. Chandrasekaran as chairman.

Q2 What is Tata Trusts' stance on the listing of Tata Sons?

• AThey support it to increase transparency
• BThey are neutral about it
• CThey oppose it, saying it would destroy the 'Tata model'Correct
• DThey have not commented on it

Explanation Tata Trusts reiterated its stand against listing Tata Sons, stating it would destroy the 'Tata model'.

Q3 What term length was approved for N. Chandrasekaran's reappointment as Tata Sons chairman?

• AThree years
• BFour years
• CFive yearsCorrect
• DSix years

Explanation The Tata Sons board approved a fresh five-year term for N. Chandrasekaran as chairman.