Banking & Financial Awareness September 2026 Quiz, FREE PDF

1. The RBI (Commercial Banks – Minimum Capital Requirements for Market Risk) Directions, 2026 will take effect from which date?

2. RBI’s new market risk capital directions for commercial banks align Indian rules with which global framework?

3. Under the final market risk directions, the trading book is identified through which accounting sub-classification?

4. The specific risk tables for interest rate risk in RBI’s market risk directions were revised to match the guidelines of which body?

5. RBI’s market risk directions newly cover the capital treatment of positions hedged by which credit derivative?

6. RBI revised the valuation norms for InvIT and REIT units held by which category of institutions?

7. Under RBI’s revised norms, how are unquoted InvIT units held by AIFIs to be valued?

8. If an InvIT or REIT fails to calculate and disclose NAV as per SEBI regulations, at what value will its units be carried by AIFIs?

9. In RBI’s investment portfolio directions for AIFIs, which new paragraphs were inserted for InvITs and REITs respectively?

10. The InvIT/REIT valuation amendments were issued under which section of the RBI Act, 1934?

11. Under RBI’s draft framework on suspected mule accounts, banks will freeze only the disputed amount for unusual transfers of at least what value?

12. Under the proposed debit-hold framework, how many calendar days will a customer get to prove the legitimacy of a flagged transaction?

13. Once a customer responds, how many calendar days will the bank have to assess the explanation under the proposed mule-account rules?

14. After a bank refers a suspected cyber-fraud case to police, within how many days must law enforcement issue a formal statutory restraint order?

15. RBI’s proposed targeted debit-hold framework for money-mule accounts followed a direction from which authority?

16. From which date does the Bankers’ Books Evidence Act, 2026 come into force?

17. The Bankers’ Books Evidence Act, 2026 follows what kind of approach towards banking records?

18. On which date did RBI operationalise its concessional forex swap facility for fresh FCNR(B) deposits, OFCBs and ECBs?

19. RBI closed the window for fresh FCNR(B) deposits under the swap facility on 31 August 2026. What was the original deadline?

20. Till 18 September 2026, RBI’s special USD-INR swap window had attracted total inflows of about how much?

21. Up to which date do the concessional swap facilities for ECBs and OFCBs remain open?

22. The similar FCNR(B) swap scheme launched in 2013 had mobilised roughly how much?

23. Under RBI’s 2026 swap scheme, banks could mobilise fresh FCNR(B) deposits of what maturity?

24. Bank deposit growth in the fortnight ended 31 August 2026 touched 17.8%, the highest since which year?

25. Following the FCNR(B) inflows, the gap between bank credit growth and deposit growth narrowed to how many basis points?

26. What was the incremental credit-deposit ratio of banks as of 31 August 2026?

27. What was bank credit growth in the fortnight ended 31 August 2026?

28. How much did ICICI Bank mobilise in FCNR(B) deposits under RBI’s scheme till 31 August 2026?

29. Which private lender said it mobilised about $2 billion via FCNR(B) deposits, choosing not to be ‘overly active’?

30. RBI’s forex forward position climbed to an all-time high in July 2026. What was the figure?

31. RBI imposed a penalty of Rs 27.30 lakh on Asset Care & Reconstruction Enterprise (ACRE) for lapses relating to what?

32. The penalty on ACRE, an asset reconstruction company, was imposed under which Act?

33. RBI fined Ola Financial Services Rs 3.10 lakh for non-compliance with directions on which subject?

34. The penalty on Ola Financial Services was imposed under which law?

35. KLM Axiva Finvest was penalised Rs 2.70 lakh by RBI for violating directions on what?

36. Hero Fincorp was fined Rs 10 lakh for non-compliance with which RBI directions?

37. In September 2026, RBI cancelled the Certificates of Registration of how many NBFCs, while how many others surrendered them?

38. Which entity surrendered its NBFC registration after qualifying as an unregistered Core Investment Company (CIC)?

39. RNFI Services received RBI’s in-principle authorisation to operate as which type of payment aggregator?

40. Pluxee India received RBI authorisation as a Payment Aggregator for which segments?

41. Jio Payment Solutions Ltd (JPSL), a subsidiary of Jio Financial Services, received RBI authorisation for which category?

42. PB Pay, the payment aggregator platform of PB Fintech, was licensed by RBI in which month?

43. Suman Ray, appointed RBI Executive Director from 1 September 2026, will look after which areas?

44. Before being elevated as RBI Executive Director, Suman Ray was Regional Director for which state?

45. RBI permitted LIC to raise its aggregate holding in ICICI Bank up to what level, within one year?

46. What was LIC’s stake in ICICI Bank as of 30 June 2026?

47. What is the current policy repo rate, which the MPC kept unchanged at its last meeting?

48. What are the current Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) respectively?

49. What is the current Marginal Standing Facility (MSF) rate, which is equal to the Bank Rate?

50. At GFF 2026, RBI Governor Sanjay Malhotra highlighted which RBI-backed credit infrastructure aimed at frictionless lending?

51. Where was the 7th Global Fintech Fest (GFF) 2026 held from 9-11 September 2026?

52. What was the theme of GFF 2026?

53. Which of the following was NOT an organiser of GFF 2026?

54. As highlighted at GFF 2026, UPI currently operates in how many countries?

55. At GFF 2026, the Department of Financial Services allowed which borrowers to use their sanctioned credit limits directly for merchant payments via UPI?

56. Which state announced its vision to become India’s first ‘tokenised state’ at GFF 2026?

57. Who is the MD & CEO of Bank of Baroda, who announced higher investment in cybersecurity at GFF 2026?

58. The new UPI tap-to-pay feature at Point-of-Sale terminals works on which technology?

59. Up to what amount can UPI tap-to-pay transactions be made without entering the UPI PIN?

60. The new UPI customer support solution runs on a small language model called FIMI. What does FIMI stand for?

61. What Merchant Discount Rate (MDR) has NPCI introduced on P2M UPI transactions above Rs 2,000?

62. From which date does the new UPI MDR framework take effect?

63. Under the new UPI MDR framework, what is the maximum MDR on purchases of Rs 75,000 and above?

64. What flat MDR applies to UPI payments above Rs 2,000 for railways, telecom, insurance and fuel?

65. What MDR applies to UPI payments for capital market transactions such as mutual funds and stockbrokers?

66. Under the revenue-sharing mechanism for the 40 bps UPI MDR, what share goes to issuer banks?

67. Which committee finalised the new UPI MDR framework?

68. Small merchants receiving up to what amount per month through UPI QR remain exempt from MDR?

69. The zero-MDR regime for UPI merchant transactions, now ending, was introduced in which month?

70. According to NPCI, roughly how much does it cost annually to operate UPI?

71. What is the per-transaction UPI limit for capital market payments?

72. NPCI’s Bharat Connect platform is developing which new product to standardise netbanking?

73. UPI set a record of how many transactions in August 2026?

74. What was the total value of UPI transactions in August 2026?

75. By how much did UPI transaction volume grow year-on-year in August 2026?

76. What was the average daily UPI transaction volume in August 2026?

77. How many IMPS transactions were recorded in August 2026?

78. Which two agentic AI platforms did NPCI launch at GFF 2026?

79. What does AtOM, launched by NPCI, stand for?

80. NPCI’s AiNxt platform follows which approach to AI models?

81. Which tool did UIDAI unveil at GFF 2026 to help developers integrate Aadhaar-based face authentication?

82. PhonePe partnered with which card network at GFF 2026 to offer cardless Tap to Pay, Cross Border Scan to Pay and Smart Accept?

83. Which became the first Indian bank to offer Apple Pay to its Visa and Mastercard credit card customers?

84. What was the theme of Axis Bank’s ‘Sparsh Week 2026’ held from 7-11 September?

85. During Sparsh Week 2026, Axis Bank introduced a paperless auto and two-wheeler loan journey with application-to-disbursement in how much time?

86. SBI has announced an aggressive push into the wealth management market of what size?

87. SBI launched a digital Savings-to-Salary Account journey at GFF 2026 in collaboration with which fintech?

88. State Bank of India was founded on which date?

89. India Post Payments Bank (IPPB) celebrated which Foundation Day in September 2026?

90. Which product did IPPB launch for merchants on its Foundation Day 2026?

91. As of 31 March 2026, what was IPPB’s pan-India customer base?

92. IPPB’s ‘Surakshit Savings Account’ offers cyber-insurance cover of how much against phishing, spoofing and SIM jacking?

93. India Post Payments Bank functions under which ministry?

94. Indian Bank received board approval to open a representative office in which city?

95. Which bank was amalgamated with Indian Bank in 2020?

96. Canara Bank has reportedly committed over Rs 50 crore for compliance with which law?

97. novio, the consumer credit platform of Credilio, partnered with which public sector bank to launch a co-branded RuPay credit card?

98. The novio-IOB co-branded RuPay credit card is available in which two variants?

99. Kissht, an RBI-registered NBFC, roped in which sports personality as brand ambassador for its ‘Loans Without Any Hiccups’ campaign?

100. Pluxee India, which received RBI’s Payment Aggregator licence, issues its benefit cards on which card network?