SEBI Modifies Nomination Norms for Demat Accounts and Mutual Fund Folios
SEBI announced modified norms for nomination in demat accounts and mutual fund folios under its 'ease of doing investments' push to simplify processes for investors.
Latest economy and banking current affairs for SBI PO, IBPS PO, RBI Grade B, and other banking exams. Includes RBI policy, monetary policy, budget updates, and financial news.
Economy & Banking current affairs for Banking (SBI, IBPS), RBI Grade B, UPSC and SSC exams. Practice the latest Economy & Banking MCQs, important exam-ready facts and updates on RBI monetary policy, budget, banking sector and financial-market updates β refreshed regularly for 2026.
Practice the latest Economy & Banking current affairs MCQs for Banking (SBI, IBPS), RBI Grade B, UPSC and SSC exams. This week's Economy & Banking quiz has 12 timed questions with answers and detailed explanations β a quick way to test your revision before the exam.
SEBI announced modified norms for nomination in demat accounts and mutual fund folios under its 'ease of doing investments' push to simplify processes for investors.
The RBI's FY2025-26 Annual Report reaffirmed the repo rate at 6.5% and flagged the need for vigilance on the inflation outlook ahead of the June 2026 MPC.
The Reserve Bank of India approved a record dividend payout of βΉ2.87 lakh crore to the central government for FY 2024-25, providing fiscal breathing space amid global headwinds.
A revamped Index of Industrial Production with base year 2022-23 will be launched on June 1, expanding coverage to rare earths, minor minerals and 120 new items.
The RBI's June 2026 Monetary Policy Committee meeting and the US Federal Reserve meeting are among the key events in focus, with the RBI widely expected to hold rates steady.
The Indian rupee posted its best single-day gain in nearly two months, closing around 95 against the US dollar, aided by RBI intervention and softer crude oil prices.
The central government granted a temporary exemption from all customs duty on cotton imports from June 1 to October 31, 2026, balancing farmer and textile-industry interests.
The Finance Ministry's Department of Economic Affairs will conduct factory visits to gather ground-level inputs from manufacturing units before Budget 2026-27 planning.
The Supreme Court has asked the Centre and RBI to respond to a petition seeking an audit of banks' lending to real estate developers and a probe into alleged fund misuse.
Andhra Pradesh, in partnership with SIDBI, launched an angel fund through the Ratan Tata Innovation Hub to back deep-tech startups in AI, quantum and electronics.
Coal India's Offer for Sale was oversubscribed 8 times on the first day, with bids worth around βΉ19,000 crore prompting the government to exercise the greenshoe option.
The Centre plans to divest up to 2% in Life Insurance Corporation, expected to raise around βΉ10,000 crore, deepening LIC's public shareholding.
Economy & Banking current affairs cover RBI monetary policy, budget, banking sector and financial-market updates. These are frequently tested in Banking (SBI, IBPS), RBI Grade B, UPSC and other government exams, so revising them regularly helps in both prelims and mains.
Use the latest Economy & Banking MCQs on this page for quick revision, then attempt the full timed Economy & Banking quiz to test recall under exam-like conditions.
Economy & Banking current affairs on TestNeeti are updated regularly as new developments are published, with the most recent and exam-important items surfaced first.
Recent high-value Economy & Banking topics include SEBI, Demat Account, Mutual Funds, Investor Protection β all covered with key facts and MCQs on this page.
Economy & Banking current affairs are important for these competitive exams: