Current Affairs

1

Banking · Economy

Current Affairs · 04 Nov 2026 · Hard

Match the following initiatives with their expected outcomes as outlined by Union Minister Sarbananda Sonowal.

Match List I with List II

List I	List II
1. Coastal Cargo Promotion Scheme	A. Attract 1 million sea cruise passengers by 2029
2. Cruise Bharat Mission	B. Create over 560,000 jobs
3. Development of Puri International Cruise Terminal	C. Double coastal and inland waterway freight share to 12% by 2047

A1-C, 2-A, 3-B B1-B, 2-C, 3-A C1-A, 2-B, 3-C D1-C, 2-B, 3-A

2

Banking · Economy

Current Affairs · 04 Nov 2026 · Easy

What is the primary goal of the Digital Life Certificate Campaign organized by the Department of Pension and Pensioners’ Welfare?

ATo increase pension amounts for senior citizens BTo facilitate pensioners in submitting their Digital Life Certificates CTo provide medical assistance to pensioners DTo promote financial literacy among pensioners

3

Banking · Economy

Current Affairs · 04 Nov 2026 · Medium

What is the purpose of the Regional-Level Pension and Dak Adalat organized by the Department of Posts?

ATo settle grievances related to pension and postal services BTo increase pension benefits for retired postal employees CTo promote digital banking services among pensioners DTo provide financial assistance for education

4

Banking · Economy

Current Affairs · 04 Nov 2026 · Medium

What initiative is highlighted in the Shilp Samagam Mela 2026 to support artisans?

AFinancial loans for artisans BBharat TULIP to connect artisans with e-commerce platforms CTax exemptions for handicraft products DTraining programs for modern marketing

5

Banking · Economy

Current Affairs · 04 Nov 2026 · Medium

What was a key focus of the 9th High-Level Meeting between the Indian Coast Guard and Sri Lanka Coast Guard?

AEnhancing trade relations BStrengthening bilateral cooperation in maritime safety CIncreasing tourism between the two countries DDeveloping joint military exercises

6

Banking · Economy

Current Affairs · 04 Nov 2026 · Medium

What is the significance of the USD 200 million Africa Solar Facility mentioned by the Union Minister for New and Renewable Energy?

AIt aims to promote solar energy in India BIt represents an investment in Africa's renewable energy sector CIt is a fund for solar research in Europe DIt provides financial aid to Indian farmers

7

Banking · Economy

Current Affairs · 04 Nov 2026 · Medium

What did the Lok Sabha Speaker emphasize regarding public expenditure during the conference of Public Accounts Committees?

AIt should be increased to boost economic growth BEvery rupee must be accounted for and utilized for its intended purpose CPublic expenditure should focus solely on infrastructure DTransparency is not necessary for public funds

8

Banking · Economy

Current Affairs · 04 Nov 2026 · Medium

What key initiative was launched by the Union Minister during his visit to Sikkim to strengthen the dairy cooperative network?

ANational Dairy Development Fund BNorth District Cooperative Milk Producers’ Union Ltd CSikkim Dairy Development Scheme DIndigenous Cattle Breeding Program

9

Banking · Economy

Current Affairs · 04 Nov 2026 · Easy

What is the primary aim of the Nationwide Digital Life Certificate Campaign 5 organized by the Department of Pension and Pensioners’ Welfare?

ATo facilitate hassle-free digital life certificates for pensioners BTo promote traditional banking methods CTo increase physical visits to banks DTo reduce the number of pensioners

10

Banking · Economy

Current Affairs · 04 Nov 2026 · Easy

What role does the NFSC Scheme play in supporting students' academic journeys?

AProvides financial assistance for higher education BOffers job placements after graduation CCovers tuition fees for all courses DGuarantees scholarships for all students

11

Banking · Economy

Current Affairs · 03 Nov 2026 · Medium

For monetary-policy analysis, what does the RBI’s November 2026 Inflation Expectations Survey of Households primarily contribute?

AInterest-rate expectations obtained exclusively from scheduled commercial banks BActual retail prices collected only from a fixed basket of stores CWholesale transaction prices reported only by manufacturing firms DSubjective household assessments of price movements and expected inflation

12

Banking · Economy

Current Affairs · 03 Nov 2026 · Medium

At the PMAY-G Reform Samvad, why did lenders view scheme beneficiaries as a potentially viable rural-housing credit segment?

AThe dialogue recommended removing beneficiary verification from the appraisal process BBeneficiary verification, government assistance and tracked construction milestones can reduce costs and perceived risk CThe proposal relies on replacing all public assistance with unsecured private credit DLenders proposed ignoring seasonal incomes when designing repayment schedules

13

Banking · Economy

Current Affairs · 03 Nov 2026 · Easy

The Commerce Minister’s November 2026 briefing reported USD 480 billion in April–September exports against a USD 1 trillion annual target. What export value would be needed in the remaining six months to meet that target?

AUSD 1,480 billion BUSD 480 billion CUSD 520 billion DUSD 500 billion

14

Banking · Economy

Current Affairs · 03 Nov 2026 · Medium

Which combination of constraints did the biopharma-startup roundtable seek to address to support the commercialisation of innovations?

AOnly shortages of retail bank branches in urban districts BSlow approvals, limited finance and the cost of specialised infrastructure COnly the absence of export incentives for agricultural commodities DOnly fluctuations in customs duties on finished consumer goods

15

Banking · Economy

Current Affairs · 03 Nov 2026 · Medium

Under EPFO Goa’s special Employees’ Enrolment Campaign, which past-period contribution relief was described for declaring eligible previously unenrolled workers?

AAll past-period employee contributions were waived even if already deducted from salaries BThe relief applied only to workers who were already enrolled before the campaign CEmployers could declare workers only after paying the maximum penal damages without concession DThe employee share need not be paid for past periods where it had not been deducted from salaries

16

Banking · Economy

Current Affairs · 03 Nov 2026 · Easy

Which account-service initiative was launched at EPFO’s 74th Foundation Day, according to the November 2026 release?

AAutomatic settlement of eligible inoperative EPF accounts BMandatory conversion of active EPF balances into fixed deposits at commercial banks CClosure of access to electronic PF passbooks for all members DAutomatic transfer of all EPS pensions into EDLI insurance accounts

17

Banking · Economy

Current Affairs · 03 Nov 2026 · Easy

According to the Rural Development Department’s November 2026 report, who bore the premiums when PMJJBY and PMSBY coverage was extended to its contractual employees, including Safai Karamcharis?

AThe Employees’ Provident Fund Organisation as part of an EPS contribution BThe contractual employees through deduction of the entire premium from wages CThe employees’ trade unions through a mandatory levy DThe Department of Rural Development

18

Banking · Economy

Current Affairs · 03 Nov 2026 · Medium

The proposed HIL land e-auction described by NLMC is an example of which public-sector financial strategy?

ARestructuring of sovereign external debt through a multilateral credit line BRefinancing of household housing loans through a central-bank liquidity facility CMonetisation of surplus or underutilised non-core public-sector land assets DRecapitalisation of public-sector banks by issuing deposit insurance certificates

19

Banking · Economy

Current Affairs · 03 Nov 2026 · Medium

Why was retail-level tasting and consumer feedback important in the trial export of Arunachal Pradesh kiwi to Dubai?

ATo assess market acceptance, quality expectations and packaging before expanding commercial shipments BTo substitute the foreign retail price for all future domestic procurement decisions CTo fix one standard package without considering retailer or consumer response DTo treat the first shipment as sufficient proof of permanent overseas demand

20

Banking · Economy

Current Affairs · 03 Nov 2026 · Medium

At the MoSPI–UN Women conference, which issue was identified as necessary for strengthening women’s enterprises and financial inclusion?

AReplacing gender-disaggregated data with national totals alone BBetter access to credit, markets and sustainable livelihoods CExcluding women’s unpaid-care burdens from analysis of work and wages DCounting account openings as the sole measure of all livelihood outcomes