Daily Current Affairs 26 September 2026
Daily current affairs for 26 September 2026 — 24 verified news items across Sports, Economy, National & more, with exam-angle notes, keywords and practice MCQs.
Part of September 2026 current affairs: the month's top stories by topic
Free to start — daily digests, practice questions and a study plan built round your exam.
In this digest · 24 items
Sports
Sawan Barwal wins historic Asian Games marathon silver for India

Sawan Barwal, a 28-year-old Army athlete from Himachal Pradesh, won the silver medal in the men's marathon at the 2026 Asian Games. He completed the 42.195 km race in a national record time of 2 hours, 11 minutes, and 37 seconds. This achievement ended India's 44-year wait for a marathon silver medal at the Asian Games, with the last medal won in 1982.
Source The Hindu
Practice MCQs
Q1 Who won the silver medal in the men's marathon at the 2026 Asian Games?
- ASawan BarwalCorrect
- BNeeraj Chopra
- CHima Das
- DMilkha Singh
Explanation Sawan Barwal won the silver medal in the men's marathon at the 2026 Asian Games.
Q2 What was significant about Sawan Barwal's silver medal in the Asian Games marathon?
- AIt ended India's 44-year wait for a marathon silver medalCorrect
- BIt was India's first gold in marathon
- CHe set a world record
- DHe was the youngest marathon runner
Explanation Sawan Barwal's silver medal ended India's 44-year wait for a marathon silver medal at the Asian Games.
Q3 What was Sawan Barwal's finishing time in the 2026 Asian Games marathon?
- A2 hours, 11 minutes, 37 secondsCorrect
- B2 hours, 15 minutes, 20 seconds
- C2 hours, 10 minutes, 50 seconds
- D2 hours, 12 minutes, 10 seconds
Explanation Sawan Barwal completed the marathon in 2 hours, 11 minutes, and 37 seconds, setting a national record.
Suruchi and Kamaljeet win gold in 10m air pistol mixed team at Asian Games 2026

At the 2026 Asian Games in Aichi-Nagoya, Japan, Indian shooters Suruchi Singh and Kamaljeet Singh won the gold medal in the 10m air pistol mixed team event, setting a new Asian and Games record. This victory marked India's second gold medal at the Games. Additionally, the men's 50m rifle 3-position team comprising Tomar, Niraj, and Rudrankksh secured a silver medal. The Indian women's kabaddi team also advanced to the final with a strong win over Nepal.
Source The Hindu
Practice MCQs
Q1 Which event did Suruchi Singh and Kamaljeet Singh win gold in at the 2026 Asian Games?
- A10m air pistol mixed teamCorrect
- B50m rifle 3-position team
- CMen's 10000m race
- DWomen's kabaddi final
Explanation Suruchi Singh and Kamaljeet Singh won the gold medal in the 10m air pistol mixed team event.
Q2 What record did Suruchi and Kamaljeet set while winning the gold medal?
- ANew Asian and Games recordCorrect
- BWorld record
- CNational record
- DOlympic record
Explanation They set a new Asian and Games record in the 10m air pistol mixed team event.
Q3 Which Indian team won silver in the men's 50m rifle 3-position event at the 2026 Asian Games?
- ATomar, Niraj, and RudrankkshCorrect
- BSuruchi and Kamaljeet
- CGulveer Singh and team
- DIndian women's kabaddi team
Explanation The men's 50m rifle 3-position team of Tomar, Niraj, and Rudrankksh won the silver medal.
Asian Games 2026 Day 7: Gulveer Singh Silver, Baranica Historic Bronze

On Day 7 of the Asian Games 2026, Indian athlete Gulveer Singh won a silver medal in the men's 10,000m race with a timing of 28:29.38, improving on his previous bronze from three years ago. Baranica made history by winning a bronze medal in the pole vault event. Additionally, Manpreet secured a bronze medal, and Wushu player Roshibina Devi Naorem won silver in the women's 60kg sanda category.
Source The Hindu
Practice MCQs
Q1 Which medal did Gulveer Singh win in the men's 10,000m at Asian Games 2026?
- AGold
- BSilverCorrect
- CBronze
- DNo medal
Explanation Gulveer Singh won the silver medal in the men's 10,000m race with a timing of 28:29.38.
Q2 What historic achievement did Baranica accomplish at Asian Games 2026?
- AGold in 100m sprint
- BBronze in pole vaultCorrect
- CSilver in long jump
- DBronze in marathon
Explanation Baranica made history by winning a bronze medal in the pole vault event.
Q3 In which event did Roshibina Devi Naorem win a silver medal?
- AWomen's 60kg sanda WushuCorrect
- BWomen's 10,000m race
- CWomen's 4x400m relay
- DWomen's pole vault
Explanation Roshibina Devi Naorem won a silver medal in the women's 60kg sanda event in Wushu.
India's Kabaddi Teams and Marathon Runners Shine on Day 8 of Asian Games 2026

On Day 8 of the Asian Games 2026, Indian athletes Karthik Karkera and Sawan Barwal competed in the men's marathon final. In kabaddi, the Indian team won their semi-final match with a score of 48-24 and will face either Iran or Chinese Taipei in the final scheduled for Saturday. These performances highlight India's strong presence in both athletics and kabaddi at the Games.
Source The Hindu
Practice MCQs
Q1 Which Indian athletes competed in the men's marathon final on Day 8 of the Asian Games 2026?
- AKarthik Karkera and Sawan BarwalCorrect
- BP.V. Sindhu and Neeraj Chopra
- CRavi Dahiya and Bajrang Punia
- DManika Batra and Sharath Kamal
Explanation The sources mention Karthik Karkera and Sawan Barwal as the Indian athletes in the men's marathon final.
Q2 What was the result of India's kabaddi semi-final match at the Asian Games 2026?
- AIndia won 48-24Correct
- BIndia lost 24-48
- CIndia won 30-29
- DIndia lost 29-30
Explanation India won the kabaddi semi-final match with a score of 48-24.
Q3 Who will India face in the kabaddi final at the Asian Games 2026?
- AIran or Chinese TaipeiCorrect
- BJapan or South Korea
- CPakistan or Bangladesh
- DThailand or Malaysia
Explanation India will face either Iran or Chinese Taipei in the kabaddi final.
Manpreet Kaur Wins Asian Games Shot Put Bronze, Overcomes Doping Controversy

Manpreet Kaur, a 36-year-old shot-putter from Patiala, won the bronze medal at the 2026 Asian Games. This achievement marks a significant redemption in her career, especially after facing a doping taint. Her previous major international medal was also a bronze at the 2023 Asian Championships.
Source The Hindu
Practice MCQs
Q1 Which medal did Manpreet Kaur win in shot put at the 2026 Asian Games?
- AGold
- BSilver
- CBronzeCorrect
- DDid not win a medal
Explanation Manpreet Kaur won the bronze medal in shot put at the 2026 Asian Games.
Q2 What challenge did Manpreet Kaur overcome to redeem her career at the 2026 Asian Games?
- AInjury
- BDoping taintCorrect
- CRetirement
- DCoaching change
Explanation Manpreet Kaur overcame a doping taint to redeem her career with the bronze medal.
Q3 From which city does shot-putter Manpreet Kaur hail?
- AChandigarh
- BPatialaCorrect
- CAmritsar
- DLudhiana
Explanation Manpreet Kaur is from Patiala.
Economy
India and France Discuss Deployment of EPR Nuclear Reactors and Supply Chain Localisation

In September 2026, Indian Power Secretary Pankaj Agarwal met with a French delegation from EDF to discuss the deployment of French EPR nuclear reactor technology in India. The discussions included progress on India's regulatory framework for nuclear power, notably the Draft SHANTI Act, aimed at facilitating nuclear energy development. The talks also focused on localisation of the nuclear supply chain to support reactor deployment in India.
Source BusinessLine
Practice MCQs
Q1 Which French company is promoting its nuclear reactor technology in India as discussed in September 2026?
- AAreva
- BEDFCorrect
- CTotalEnergies
- DAlstom
Explanation EDF is the French energy major pushing for its EPR nuclear reactor technology deployment in India.
Q2 What is the name of the draft Indian regulatory framework discussed with the French delegation for nuclear power development?
- ADraft NUCLEAR Act
- BDraft SHANTI ActCorrect
- CDraft ENERGY Act
- DDraft ATOMIC Act
Explanation The Draft SHANTI Act is the regulatory framework India is finalising for nuclear power, as briefed by Power Secretary Pankaj Agarwal.
Q3 What key aspect of nuclear power development was discussed alongside reactor deployment between India and France?
- ANuclear waste disposal
- BNuclear supply chain localisationCorrect
- CNuclear fusion research
- DNuclear disarmament
Explanation The discussions included localisation of the nuclear supply chain to support deployment of EPR reactors in India.
RBI Announces WMA Limit and Issuance Calendar for Government Securities Oct 2026-Mar 2027

The Reserve Bank of India, in consultation with the Government of India, has set the Ways and Means Advances (WMA) limit at ₹50,000 crore for the second half of the financial year 2026-27 (October 2026 to March 2027). The RBI may initiate fresh market loan issuances once 75% of the WMA limit is utilized. Additionally, the RBI released the indicative calendar for issuance of Government of India dated securities, including Sovereign Green Bonds, for the same period to enhance transparency and help investors plan their investments.
Source Reserve Bank of India
Practice MCQs
Q1 What is the Ways and Means Advances (WMA) limit set by the RBI for the second half of the financial year 2026-27?
- A₹25,000 crore
- B₹50,000 croreCorrect
- C₹75,000 crore
- D₹1,00,000 crore
Explanation The RBI has set the WMA limit at ₹50,000 crore for October 2026 to March 2027.
Q2 When may the Reserve Bank of India trigger fresh market loan issuances during the second half of 2026-27?
- AWhen 50% of the WMA limit is utilized
- BWhen 75% of the WMA limit is utilizedCorrect
- CAt the start of the financial year
- DOnly at the end of the financial year
Explanation The RBI may trigger fresh market loan issuances when 75% of the WMA limit is utilized.
Q3 What type of securities issuance calendar did the RBI release for October 2026 to March 2027?
- ACalendar for corporate bonds
- BCalendar for Government of India dated securities including Sovereign Green BondsCorrect
- CCalendar for foreign exchange reserves
- DCalendar for private equity funds
Explanation The RBI released the indicative calendar for issuance of Government of India dated securities, including Sovereign Green Bonds.
Centre Lowers FY27 Borrowing Estimate by ₹1.2 Trillion Amid Tax Buoyancy

The Indian government has reduced its fiscal year 2027 borrowing estimate by ₹1.2 trillion, planning to issue ₹7.86 trillion in bonds during the second half. This adjustment is attributed to stronger tax and non-tax receipts, signaling improved tax buoyancy. While net market borrowings remain aligned with budgeted levels, economists caution that the total fiscal deficit may still require supplementary borrowing later in the year. The reduction in borrowing plans offers relief to bond yields by easing the supply of fresh government bonds.
Source Livemint
Practice MCQs
Q1 What is the revised borrowing estimate of the Indian government for FY27 as per the recent announcement?
- A₹7.86 trillion in bond sales planned for H2Correct
- B₹1.2 trillion increase in borrowing
- C₹9.06 trillion total borrowing
- DNo change in borrowing estimate
Explanation The government plans ₹7.86 trillion in bond sales during the second half of FY27 after lowering the borrowing estimate by ₹1.2 trillion.
Q2 What factor allowed the Centre to reduce its FY27 borrowing estimate?
- AStronger tax and non-tax receiptsCorrect
- BDecrease in government spending
- CIncrease in foreign investment
- DHigher inflation rates
Explanation Stronger tax and non-tax receipts improved the government's revenue, enabling a reduction in borrowing plans.
Q3 What caution did economists express despite the borrowing plan reduction?
- ATotal deficit may require supplementary borrowing laterCorrect
- BBond yields will rise sharply
- CTax revenues will decline
- DGovernment will increase spending
Explanation Economists warned that the total fiscal deficit remains open to supplementary borrowing later in the year.
RBI Amends Foreign Exchange Management Regulations for Export and Import

On September 22, 2026, the Reserve Bank of India issued amendments to the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026. These amendments were made under the powers granted by various sections of the Foreign Exchange Management Act, 1999. The notification aims to update the regulatory framework governing foreign exchange transactions related to exports and imports of goods and services in India.
Source Reserve Bank of India
Practice MCQs
Q1 Under which act did the Reserve Bank of India amend the Foreign Exchange Management Regulations in 2026?
- AForeign Exchange Management Act, 1999Correct
- BBanking Regulation Act, 1949
- CCompanies Act, 2013
- DForeign Trade (Development and Regulation) Act, 1992
Explanation The RBI amended the regulations under the powers conferred by the Foreign Exchange Management Act, 1999.
Q2 What is the main focus of the RBI's 2026 amendment to the Foreign Exchange Management Regulations?
- ARegulating foreign exchange for export and import of goods and servicesCorrect
- BSetting interest rates for foreign currency loans
- CRegulating domestic banking operations
- DAmending tax provisions for foreign investors
Explanation The amendment specifically relates to foreign exchange management in the context of export and import of goods and services.
Akasa Air Plans to Order Over 200 Boeing 737 MAX Jets by 2027

Akasa Air, India's third-largest airline that began operations in 2022, currently operates 43 Boeing 737 MAX jets and has 226 more on order. The airline is reportedly in talks to place an additional order for more than 200 Boeing 737 MAX aircraft as part of its fleet expansion. A decision on this billion-dollar deal is expected early in 2027, with commercial terms anticipated by late 2027.
Source Livemint
Practice MCQs
Q1 As of 2026, how many Boeing 737 MAX jets does Akasa Air currently operate?
- A43Correct
- B200
- C226
- DOver 200
Explanation Akasa Air currently operates 43 Boeing 737 MAX jets as per the report.
Q2 When is Akasa Air expected to make a decision on ordering over 200 Boeing 737 MAX jets?
- AEarly 2027Correct
- BLate 2026
- CEarly 2026
- DLate 2027
Explanation The decision on the order is expected early in 2027, with commercial terms by late 2027.
Q3 What is the approximate size of the additional Boeing 737 MAX order Akasa Air is considering?
- AMore than 200 jetsCorrect
- BExactly 226 jets
- C43 jets
- D100 jets
Explanation Akasa Air is contemplating an order for more than 200 Boeing 737 MAX jets.
Dabur India Gets NCLT Approval to Merge Ayurvedic Brand Sesa Care

Dabur India has received approval from the National Company Law Tribunal (NCLT) for the merger of Ayurvedic hair-care brand Sesa Care into its portfolio. This merger aims to complement Dabur's existing hair care products and expand its presence in the premium Ayurvedic hair-care segment, tapping new growth opportunities.
Source The Hindu
Practice MCQs
Q1 What recent approval did Dabur India receive from the National Company Law Tribunal (NCLT)?
- AApproval for the merger of Sesa Care with DaburCorrect
- BApproval for launching a new hair care product
- CApproval for acquiring a foreign company
- DApproval for divesting its hair care portfolio
Explanation Dabur India received NCLT approval for the merger of Ayurvedic brand Sesa Care into its portfolio.
Q2 What is the primary benefit Dabur India expects from merging Sesa Care?
- ATo complement its existing hair care portfolioCorrect
- BTo enter the pharmaceutical market
- CTo reduce production costs drastically
- DTo exit the Ayurvedic segment
Explanation The merger will complement Dabur's existing hair care portfolio and help tap new growth opportunities.
National
AFSPA Extended in Parts of Manipur, Nagaland and Arunachal Pradesh

The Armed Forces (Special Powers) Act (AFSPA) has been extended in certain areas of Manipur, Nagaland, and Arunachal Pradesh. The law grants special powers to the armed forces in these regions designated as 'disturbed areas' to maintain public order. The extension reflects ongoing security concerns in these parts of the Northeast. Over the years, the footprint of AFSPA in the Northeast has evolved based on the security situation.
Source The Hindu
Practice MCQs
Q1 In which states has AFSPA recently been extended?
- AManipur, Nagaland, Arunachal PradeshCorrect
- BAssam, Meghalaya, Tripura
- CSikkim, Mizoram, Manipur
- DNagaland, Assam, Arunachal Pradesh
Explanation AFSPA has been extended in parts of Manipur, Nagaland, and Arunachal Pradesh as per the recent notifications.
Q2 What is the primary purpose of AFSPA in the regions where it is enforced?
- ATo grant special powers to armed forces to maintain public orderCorrect
- BTo regulate trade and commerce
- CTo provide financial aid to local governments
- DTo establish new administrative divisions
Explanation AFSPA empowers the armed forces with special powers to maintain public order in disturbed areas.
Q3 What does the term 'disturbed area' signify under AFSPA?
- AAreas declared by the government where normal law enforcement is insufficientCorrect
- BRegions with high economic growth
- CAreas with high literacy rates
- DRegions under environmental protection
Explanation 'Disturbed area' refers to regions where the government has declared that normal law enforcement agencies are unable to maintain public order, necessitating AFSPA.
Fortis Loses Supreme Court Challenge Against Forensic Audit in Daiichi-Singh Brothers Case

The Supreme Court dismissed Fortis's challenge against a forensic audit related to a ₹3,500 crore arbitral award in favor of Daiichi Sankyo. The dispute originates from the 2008 sale of Ranbaxy Laboratories by the Singh brothers to Daiichi Sankyo, with the arbitral award issued in 2016.
Source Livemint
Practice MCQs
Q1 What was the amount involved in the arbitral award linked to the Daiichi-Singh brothers case?
- A₹3,500 croreCorrect
- B₹2,000 crore
- C₹5,000 crore
- D₹1,500 crore
Explanation The arbitral award passed in favor of Daiichi Sankyo was ₹3,500 crore.
Q2 Which company sold Ranbaxy Laboratories to Daiichi Sankyo in 2008?
- ASingh brothersCorrect
- BFortis
- CDaiichi Sankyo
- DSupreme Court
Explanation The Singh brothers sold Ranbaxy Laboratories to Daiichi Sankyo in 2008.
Q3 What was the Supreme Court's decision regarding Fortis's challenge?
- ADismissed the challengeCorrect
- BAccepted the challenge
- CPostponed the decision
- DReferred the case to arbitration
Explanation The Supreme Court dismissed Fortis's challenge against the forensic audit.
Women Wrestlers Challenge Acquittal of Brij Bhushan in Sexual Harassment Case

Four women wrestlers have filed an appeal in the Rouse Avenue court challenging the acquittal of former Wrestling Federation of India chief Brij Bhushan Sharan Singh and co-accused Vinod Tomar in a sexual harassment case. The wrestlers argue that the acquittal is based on archaic and stereotypical assumptions about the expected behaviour of victims of sexual harassment and assault.
Source Livemint
Practice MCQs
Q1 Who was acquitted in the sexual harassment case challenged by women wrestlers in the Rouse Avenue court?
- ABrij Bhushan Sharan Singh
- BVinod Tomar
- CBoth Brij Bhushan Sharan Singh and Vinod TomarCorrect
- DOnly the Wrestling Federation of India
Explanation The acquittal challenged by the women wrestlers was of both Brij Bhushan Sharan Singh and co-accused Vinod Tomar.
Q2 What is the main argument of the women wrestlers against the acquittal of Brij Bhushan?
- AThe acquittal was based on insufficient evidence
- BThe acquittal rests on archaic and stereotypical assumptions about victims' behaviourCorrect
- CThe court did not have jurisdiction
- DThe accused were not properly represented
Explanation The women wrestlers argue that the acquittal rests on archaic and stereotypical assumptions about the expected behaviour of victims of sexual harassment and assault.
Q3 In which court did the women wrestlers file their appeal against the acquittal?
- ASupreme Court of India
- BDelhi High Court
- CRouse Avenue courtCorrect
- DDistrict Court of Mumbai
Explanation The appeal challenging the acquittal was filed before the Rouse Avenue court.
Former IAS Officer Inducted into Maharashtra UCC Panel After Justice Chavan's Exit
Two days after Justice Chavan resigned from the Maharashtra Uniform Civil Code (UCC) panel due to the presence of a former IAS officer, the panel inducted the same ex-IAS officer as a member. The appointment followed a proposal by the committee chairperson, Ranjana Desai, a retired Supreme Court judge, to include the former IAS officer in the panel.
Source The Hindu
Practice MCQs
Q1 Who proposed the inclusion of the former IAS officer into the Maharashtra UCC panel?
- AJustice Chavan
- BRanjana DesaiCorrect
- CThe Maharashtra Chief Minister
- DThe Governor of Maharashtra
Explanation Ranjana Desai, the chairperson of the committee and a retired Supreme Court judge, moved the proposal to include the former IAS officer.
Q2 What event occurred two days before the former IAS officer was inducted into the Maharashtra UCC panel?
- AThe panel was dissolved
- BJustice Chavan resigned from the panelCorrect
- CThe former IAS officer was appointed as chairperson
- DThe Maharashtra government passed a new law
Explanation Justice Chavan resigned from the Maharashtra UCC panel due to the presence of the former IAS officer, two days before the officer was inducted.
Q3 What is the Maharashtra UCC panel concerned with?
- AUniform Civil CodeCorrect
- BEconomic reforms
- CEnvironmental policies
- DEducation reforms
Explanation The Maharashtra UCC panel deals with matters related to the Uniform Civil Code.
Government Schemes
Election Commission Confirms Unanimous Approval of SIR Orders and Form 6 Changes

The Election Commission of India clarified that all decisions regarding the revision of electoral rolls, including the SIR orders and changes to Form 6, were unanimously approved by its commissioners. The Commission also stated that letters sent by two commissioners to the Cabinet Secretary were unrelated to policy or IT decisions, addressing concerns amid a dissent controversy. The Supreme Court upheld these changes, reinforcing the Election Commission's stance on the electoral roll revision process.
Source Livemint
Practice MCQs
Q1 What did the Election Commission clarify about the decisions on electoral rolls revision?
- AAll decisions were unanimously approved by its commissionersCorrect
- BDecisions were made by a single commissioner
- CDecisions were pending approval from the Supreme Court
- DDecisions were unrelated to Form 6 changes
Explanation The Election Commission confirmed that all decisions on electoral rolls revision were unanimously approved by its commissioners.
Q2 What was the nature of the letters sent by two Election Commission commissioners to the Cabinet Secretary?
- ARelated to policy decisions
- BRelated to IT decisions
- CUnrelated to policy or IT decisionsCorrect
- DRequests for electoral roll suspension
Explanation The Election Commission clarified that the letters from two commissioners to the Cabinet Secretary were unrelated to policy or IT decisions.
Q3 Which body upheld the changes to the electoral rolls and Form 6?
- AElection Commission of India
- BSupreme Court of IndiaCorrect
- CCabinet Secretary
- DParliament of India
Explanation The Supreme Court upheld the changes to the electoral rolls and Form 6.
IAS Officer Mandeep Bhandari Appointed Chairperson of CBSE

Mandeep K Bhandari, a 2001-batch IAS officer from the AGMUT cadre, has been appointed as the chairperson of the Central Board of Secondary Education (CBSE). Bhandari has held key leadership and administrative roles in Jammu & Kashmir and various Central government departments. His appointment follows a period of changes in the leadership of the school education board. Bhandari also has a medical background, adding to his diverse profile.
Source The Hindu
Practice MCQs
Q1 Who has been appointed as the new chairperson of the Central Board of Secondary Education (CBSE)?
- AMandeep K BhandariCorrect
- BRamesh Pokhriyal
- CAnil Swarup
- DKiran Bedi
Explanation Mandeep K Bhandari, a 2001-batch IAS officer, has been appointed as the chairperson of CBSE.
Q2 From which cadre is IAS officer Mandeep K Bhandari, the new CBSE chairperson?
- AAGMUT cadreCorrect
- BUP cadre
- CMaharashtra cadre
- DKerala cadre
Explanation Mandeep K Bhandari belongs to the AGMUT cadre.
Q3 What is a notable aspect of Mandeep K Bhandari's background besides his IAS service?
- AMedical backgroundCorrect
- BEngineering degree
- CLaw degree
- DMilitary service
Explanation Mandeep K Bhandari has a medical background in addition to his IAS career.
International
India Condemns Pakistan's Cross-Border Terrorism at UNGA, Warns Consequences

At the United Nations General Assembly, India condemned Pakistan for its long-standing practice of cross-border terrorism and warned that continued terrorist activities would lead to consequences. Pakistan, in response, raised the Kashmir issue and cautioned that any attempt to divert its share of Indus waters would be considered an act of war.
Source Livemint
Practice MCQs
Q1 What did India accuse Pakistan of at the United Nations General Assembly?
- ALong-standing practice of cross-border terrorismCorrect
- BDiverting Indus waters
- CRaising the Kashmir issue
- DSupporting peace talks
Explanation India accused Pakistan of a long-standing practice of cross-border terrorism at the UNGA.
Q2 What warning did Pakistan issue at the UNGA regarding the Indus waters?
- AAny attempt to divert its share would be treated as an act of warCorrect
- BIt would share water resources equally
- CIt would reduce water usage
- DIt would seek international mediation
Explanation Pakistan warned that any attempt to divert its share of Indus waters would be treated as an act of war.
Q3 Which issue did Pakistan raise at the United Nations General Assembly alongside the water dispute?
- AKashmir issueCorrect
- BTrade relations
- CClimate change
- DNuclear disarmament
Explanation Pakistan raised the Kashmir issue at the UNGA along with the water dispute.
Exim Bank Provides ₹4,850 Crore LOC to Maldives for Development Projects

The Export-Import Bank of India (Exim Bank) signed an agreement on July 25, 2025, with the Government of the Republic of Maldives to provide a Government of India supported Line of Credit (LOC) amounting to ₹4,850 crores. This LOC aims to finance various developmental projects in Maldives, strengthening bilateral cooperation and supporting Maldives' infrastructure and development needs.
Source Reserve Bank of India
Practice MCQs
Q1 What is the amount of the Government of India supported Line of Credit provided by Exim Bank to Maldives?
- A₹4,850 croresCorrect
- B₹3,500 crores
- C₹5,000 crores
- D₹2,750 crores
Explanation Exim Bank signed an agreement to provide a Government of India supported LOC of ₹4,850 crores to Maldives.
Q2 When was the agreement between Exim Bank and the Government of Maldives signed for the LOC?
- AJuly 25, 2025Correct
- BSeptember 23, 2026
- CJanuary 1, 2026
- DDecember 31, 2025
Explanation The agreement was signed on July 25, 2025, as per the RBI notification.
Q3 What is the primary purpose of the ₹4,850 crore LOC extended by Exim Bank to Maldives?
- AFinancing various developmental projects in MaldivesCorrect
- BSupporting Maldives' defence procurement
- CFunding Maldives' tourism promotion
- DProviding humanitarian aid to Maldives
Explanation The LOC is intended to finance various developmental projects in Maldives.
Iran Offers to Reopen Strait of Hormuz in 7 Days if US Lifts Sanctions

Iran has proposed to reopen the Strait of Hormuz within seven days if the United States lifts its blockade and waives sanctions. The offer was detailed by Iran's Foreign Minister Abbas Araghchi during a private meeting on September 24, held on the sidelines of the UN General Assembly. The proposal comes amid ongoing diplomatic contacts and tensions related to shipping routes, oil markets, Lebanon, and Iran's nuclear programme. Araghchi suggested that a swift agreement could benefit US President Trump ahead of the November midterm elections.
Source The Hindu
Practice MCQs
Q1 What condition did Iran set for reopening the Strait of Hormuz within seven days?
- AIf the US lifts blockade and waives sanctionsCorrect
- BIf the UN imposes new sanctions on the US
- CIf Lebanon agrees to mediate peace talks
- DIf oil prices reach a certain threshold
Explanation Iran offered to reopen the Strait of Hormuz in seven days if the US lifts its blockade and waives sanctions.
Q2 Who detailed Iran's proposal to reopen the Strait of Hormuz during the UN General Assembly?
- AIran's President
- BIran's Foreign Minister Abbas AraghchiCorrect
- CUS Secretary of State
- DUN Secretary-General
Explanation Iran's Foreign Minister Abbas Araghchi detailed the proposal in a private gathering on the sidelines of the UN General Assembly.
Q3 Why did Abbas Araghchi suggest a speedy agreement on reopening the Strait of Hormuz would be beneficial?
- ATo improve Iran's oil exports before winter
- BTo help US President Trump ahead of November’s midterm electionsCorrect
- CTo resolve tensions with Lebanon
- DTo comply with UN resolutions on nuclear programmes
Explanation Araghchi suggested that a speedy agreement would help US President Trump ahead of the November midterm elections.
Banking
RBI Notifies Designation of Terrorist Organisation under UAPA 1967

On September 24, 2026, the Reserve Bank of India issued a notification regarding the designation of a terrorist organisation under clause (a) of sub-section (1) of section 35 of the Unlawful Activities (Prevention) Act, 1967. The organisation has been listed in the First Schedule of the Act. The notification was addressed to Chairpersons and CEOs of various banking and financial institutions including Commercial Banks, Small Finance Banks, Payment Banks, Urban and Rural Co-operative Banks, Regional Rural Banks, Local Area Banks, Non-Banking Financial Companies, Asset Reconstruction Companies, and All India Financial Institutions. This designation imposes specific obligations on these institutions under Chapter IX of the Act.
Source Reserve Bank of India
Practice MCQs
Q1 Under which section of the Unlawful Activities (Prevention) Act, 1967 did the RBI designate a terrorist organisation in 2026?
- AClause (a) of sub-section (1) of section 35Correct
- BSection 10
- CSection 20
- DClause (b) of section 40
Explanation The RBI designated the terrorist organisation under clause (a) of sub-section (1) of section 35 of the UAPA, 1967.
Q2 Which of the following institutions was NOT explicitly addressed in the RBI's 2026 notification on terrorist organisation designation?
- ACommercial Banks
- BSmall Finance Banks
- CInsurance CompaniesCorrect
- DUrban Co-operative Banks
Explanation The notification was addressed to various banks and financial institutions but did not mention Insurance Companies.
Q3 The terrorist organisation designated by the RBI in 2026 was listed in which part of the Unlawful Activities (Prevention) Act?
- AFirst ScheduleCorrect
- BSecond Schedule
- CThird Schedule
- DFourth Schedule
Explanation The organisation was listed in the First Schedule of the Unlawful Activities (Prevention) Act, 1967.
RBI Amends Directions on Investment Portfolio Valuation for All India Financial Institutions

On September 22, 2026, the Reserve Bank of India issued the All India Financial Institutions - Classification, Valuation, and Operation of Investment Portfolio Amendment Directions, 2026. This amendment refers to Chapter VI of the 2025 Directions and aims to ensure clarity and uniform practices in the valuation of units of Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs). The update is intended to standardize market value assessment of investments held by All India Financial Institutions.
Source Reserve Bank of India
Practice MCQs
Q1 What is the main focus of the RBI's Amendment Directions issued on September 22, 2026?
- AEnsuring clarity and uniform practices in valuation of InvIT and REIT unitsCorrect
- BIntroducing new lending rates for All India Financial Institutions
- CRegulating foreign exchange transactions of banks
- DSetting capital adequacy norms for commercial banks
Explanation The amendment specifically addresses clarity and uniformity in valuation of Infrastructure Investment Trust (InvIT) and Real Estate Investment Trust (REIT) units.
Q2 Which chapter of the 2025 Directions does the 2026 Amendment refer to?
- AChapter VICorrect
- BChapter III
- CChapter IX
- DChapter I
Explanation The amendment refers to Chapter VI of the Reserve Bank of India (All India Financial Institutions - Classification, Valuation, and Operation of Investment Portfolio) Directions, 2025.
Q3 Which entities are primarily affected by the RBI's 2026 Amendment Directions?
- AAll India Financial InstitutionsCorrect
- BCommercial Banks
- CNon-Banking Financial Companies
- DCooperative Banks
Explanation The amendment directions apply to All India Financial Institutions as per the RBI notification.
RBI Finalizes Directions on Novation of OTC Derivative Contracts

On September 22, 2026, the Reserve Bank of India (RBI) finalized the instructions related to the novation of OTC derivative contracts. These instructions were based on feedback received on the draft directions issued on July 9, 2025. The finalized guidelines aim to consolidate previous circulars and instructions concerning OTC derivative contracts for eligible market participants.
Source Reserve Bank of India
Practice MCQs
Q1 When did the Reserve Bank of India finalize the instructions related to the novation of OTC derivative contracts?
- AJuly 9, 2025
- BSeptember 22, 2026Correct
- CJanuary 1, 2026
- DDecember 31, 2025
Explanation The RBI finalized the instructions on September 22, 2026, based on feedback received on the draft directions issued on July 9, 2025.
Q2 What was the purpose of the finalized RBI instructions on OTC derivative contracts?
- ATo introduce new derivative products
- BTo consolidate circulars and instructions related to OTC derivative contractsCorrect
- CTo ban OTC derivative contracts
- DTo increase taxes on derivatives
Explanation The finalized instructions aimed to consolidate circulars and instructions related to OTC derivative contracts.
Q3 Who are the intended recipients of the RBI's finalized instructions on novation of OTC derivative contracts?
- AGeneral public
- BEligible market participantsCorrect
- CForeign investors only
- DBank customers
Explanation The instructions are addressed to all eligible market participants involved in OTC derivative contracts.
RBI Issues 2026 Directions on Minimum Capital Requirements for Market Risk

On September 21, 2026, the Reserve Bank of India issued the 'Commercial Banks - Minimum Capital Requirements for Market Risk' Directions, 2026. The directions cover the boundary between the banking book and the trading book, including the scope of the trading book, restrictions on reclassifying instruments between regulatory books, and treatment of internal risk transfers, specifically credit risk transfers from the banking book to the trading book. These guidelines aim to strengthen the regulatory framework for market risk management in commercial banks.
Source Reserve Bank of India
Practice MCQs
Q1 What is the main focus of the Reserve Bank of India's 2026 directions for commercial banks?
- AMinimum capital requirements for market riskCorrect
- BGuidelines for digital payments
- CInterest rate policy for savings accounts
- DForeign exchange management
Explanation The directions issued by RBI in 2026 focus on minimum capital requirements for market risk in commercial banks.
Q2 Which aspect is covered under the RBI's 2026 directions regarding the boundary between banking and trading books?
- AScope of the trading bookCorrect
- BInterest rate setting for loans
- CCustomer grievance redressal
- DForeign investment limits
Explanation The directions include provisions on the scope of the trading book and restrictions on reclassifying instruments between regulatory books.
Q3 According to the RBI's 2026 directions, what type of internal risk transfer is specifically addressed?
- ACredit risk transfer from banking book to trading bookCorrect
- BOperational risk transfer to third parties
- CLiquidity risk transfer between banks
- DMarket risk transfer to foreign branches
Explanation The directions specifically address internal risk transfer of credit risk from the banking book to the trading book.
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