Practice Current Affairs
Practice Current Affairs
Test your current affairs knowledge with randomly selected questions from our verified question bank.
As per the RBI Governor, who is responsible for a bank's decisions?
- The algorithm
- The software vendor
- The bank
- The customers
Answer: C — The bank
The RBI Governor stated responsibility for a bank's decisions rests with the bank, not with its algorithm.
According to the RBI Governor, what is the main risk posed by artificial intelligence?
- Erosion of human judgment
- Data privacy breaches
- Job losses in banking
- Cyberattacks on banks
Answer: A — Erosion of human judgment
The RBI Governor said the main risk of AI is erosion of human judgment.
Who is the defaulter named in Recovery Certificate No. 9074 of 2026?
- BSE
- Rati Agarwal
- ISO
- PAN card holder
Answer: B — Rati Agarwal
The source explicitly says the certificate was issued to 'RATI AGARWAL [Defaulter]', making her the defaulter.
What is the estimated cost of Chennai Port's Outer Harbour Project?
- u20b917,700 crore
- u20b918,000 crore
- u20b915,500 crore
- u20b920,000 crore
Answer: A — u20b917,700 crore
The source states the project is to be implemented at ₹17,700 crore.
In the SEBI order, what does 'CAS' refer to?
- Closing Auction Session
- Cash Accounting System
- Central Administrative System
- Capital Asset Scheme
Answer: A — Closing Auction Session
The source describes CAS as the 'newly introduced closing auction session' on the exchange.
Which body is involved in streamlining inspection of market intermediaries?
- RBI
- SEBI
- IRDAI
- PFRDA
Answer: B — SEBI
The source clearly mentions SEBI as the body undertaking this streamlining.
What does the economist call for at fuel stations till 2030?
- Complete E20 availability
- E10 choice
- Ban on two-wheelers
- Subsidy for cars
Answer: B — E10 choice
The economist calls for an E10 choice at fuel stations till 2030, according to the source excerpt.
What is the maximum sugar stockholding period allowed for bulk consumers under the government's August 19 order?
- 10 days
- 15 days
- 20 days
- 30 days
Answer: B — 15 days
The order states that bulk consumers using more than 10 tonnes of sugar a month cannot hold stocks for more than 15 days.
What does the headline 'Before new taxes, making every rupee count' imply?
- New taxes should be introduced without delay
- Efficient use of existing resources matters before imposing new taxes
- Taxes are the only way to increase revenue
- Tamil Nadu has no fiscal challenges
Answer: B — Efficient use of existing resources matters before imposing new taxes
The headline suggests that making every rupee count is a necessary step before considering new taxes.
What is the subject matter of the SEBI Release Order involving Kamlesh Ahuja?
- Dealings in Illiquid Stock Options at BSE
- Insider trading in equity shares
- Fraudulent fundraising through bonds
- Manipulation of commodity futures
Answer: A — Dealings in Illiquid Stock Options at BSE
The source states the Release Order is 'in the matter of dealings in Illiquid Stock Options at BSE.'