Current Affairs Quiz — 22 October 2026

Answer: B. ₹14,425

The final redemption price of the Sovereign Gold Bond 2018‑19 Series‑II was set at ₹14,425 per unit, reflecting the average gold price of the preceding three business days.

“Accordingly, the redemption price for final redemption due on October 23, 2026, shall be ₹14,425/- (Rupees Fourteen Thousand Four Hundred and Twenty-Five only) per unit of SGB based on the simple average of closing price of gold for the three business days i.e., October 19, October 21, and October 22, 2026.”

Answer: A. -72,977.00

The RBI’s today’s operations on 21 October 2026 resulted in a net absorption of liquidity amounting to ₹72,977 crore.

“Net liquidity injected from today's operations [injection (+)/absorption (-)]* -72,977.00”

Answer: B. ₹5,00,000

Depositors of the bank are entitled to a deposit insurance claim up to ₹5 lakh under the DICGC Act.

“The eligible depositors would be entitled to receive deposit insurance claim amount of their deposits upto a monetary ceiling of ₹5,00,000/- (Rupees Five Lakh only) in the same capacity and in the same right, from the Deposit Insurance and Credit Guarantee Corporation (DICGC), as applicable under the provisions of the DICGC Act, 1961”

Answer: D. 25 bps

The MPC adopted a calibrated tightening stance, raising the policy repo rate by 25 basis points to 5.50%.

“After a detailed assessment of the evolving macroeconomic and financial developments and the outlook, the MPC voted unanimously to increase the policy repo rate under the liquidity adjustment facility (LAF) by 25 bps to 5.50 per cent.”

Answer: A. 149/2024-25

The advertisement number uniquely identifies the official notification for the recruitment of the Executive Engineer (Mechanical) position.

“The advertisement number is 149/2024-25.”

Answer: C. 55/2026-27

The advertisement number specifies the official notice for the Junior Architect (PwD – Third Attempt) recruitment.

“The advertisement number is 55/2026-27.”

Answer: D. 118/2025-26

The advertisement number indicates the provisional merit list for the Additional City Engineer (Civil) position.

“The advertisement number is 118/2025-26.”

Answer: D. 30%

The apprenticeship scheme uses a weighted merit system where Class X marks contribute 30% to the overall score, ensuring early academic performance is considered.

“The selection process includes Merit based on 30% weightage to Class X marks and 70% weightage to marks obtained in the qualifying ITI/Diploma/Degree examination, as applicable.”

Answer: D. ₹30,900

The scheme offers differentiated pension amounts based on the category of freedom fighters; ex‑Andaman prisoners receive the highest monthly pension.

“Monthly pension of ₹30,900 for ex-Andaman political prisoners and spouses.”

Answer: B. ₹3,000/- per month

SAPGJAU provides monthly scholarships to postgraduate students in Gujarat, with higher amount for Ph.D. candidates.

“Ph.D. degree students: ₹3,000/- per month for 3 years”