Current Affairs Quiz — 12 October 2026

Answer: B. up to 5%

The Reserve Bank of India provides a non-competitive bidding facility in dated government securities auctions to encourage retail and mid-sized institutional participation without bidding a specific price or yield. Allocations are made at the weighted average rate of successful competitive bids.

“In all the auctions, Government security up to 5% of the notified amount for sale of individual security will be allotted to the eligible individuals and institutions under the Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities.”

Answer: B. 30 years

North Eastern Electric Power Corporation Limited is a central public sector undertaking under the Ministry of Power that develops and operates power projects in the North Eastern region.

“The maximum age limit is 30 years.”

Answer: B. 6715 posts

The Institute of Banking Personnel Selection conducts centralized recruitment processes for Probationary Officers and Management Trainees across various public sector banks in India.

“The recruitment is for 6715 posts.”

Answer: B. ₹10,500 per month

The NDRI Institute Scholarship scheme supports postgraduate and doctoral scholars pursuing dairy research at the National Dairy Research Institute (NDRI). The financial assistance ensures students can focus on advanced studies without monetary distress.

“Eligible Doctoral students receive ₹10,500 per month during their Ph.D. tenure.”

Answer: A. Software Technology Parks of India (STPI)

The Northeast BPO Promotion Scheme aims to incentivize the establishment of BPO/ITeS operations across Northeastern states to create local employment. It provides Viability Gap Funding to encourage IT investments in the region.

“Launched under the Digital India Programme by the Ministry of Electronics and Information Technology, the Northeast BPO Promotion Scheme (NEBPS) is executed by the Software Technology Parks of India (STPI).”

Answer: C. National Safai Karamcharis Finance & Development Corporation

The VETLS scheme provides financial support covering up to 90% of course expenses for vocational education to empower members of target groups under NSKFDC. It offers concessional loans for courses lasting between 6 months and 2 years.

“Implemented by the National Safai Karamcharis Finance & Development Corporation (NSKFDC) under the Ministry of Social Justice and Empowerment, this scheme finances up to 90% of expenses for vocational education and skill development programs.”

Answer: A. Office of the Development Commissioner

The ESDP scheme aims to nurture entrepreneurial talent and upgrade vocational competencies among youth and potential entrepreneurs across districts and technical institutes.

“The Entrepreneurship and Skill Development Programme (ESDP) is an initiative by the Office of the Development Commissioner, Ministry of MSME, created to foster an entrepreneurial mindset among youth and job seekers.”

Answer: C. 3,28,000

The SDESDM scheme launched by MeitY supports skill training and certification in the Electronics System Design and Manufacturing sector across NSQF Levels 1 to 5 to make youth industry-ready.

“The Skill Development in ESDM for Digital India (SDESDM) scheme is an initiative by the Ministry of Electronics and Information Technology (MeitY) to train 3,28,000 candidates across India.”

Answer: C. 332

PMKVY's Short Term Training component provides NSQF-aligned skill training to dropouts and unemployed youth, including modules on digital and financial literacy, soft skills, and entrepreneurship.

“Conducted at designated PMKVY Training Centres, the program delivers courses aligned with the National Skills Qualification Framework (NSQF), covering 332 job roles across various sectors.”

Answer: B. ₹5,000 and ₹1,50,000

The Skill Loan Scheme facilitates institutional loans without collateral security for courses aligned with NSQF standards, backed by the National Credit Guarantee Trust Company.

“Institutional loan assistance between ₹5,000 and ₹1,50,000 for skill development courses.”