Current Affairs - Finance
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Exercise : Finance - Latest Current Affairs
- Finance - Latest Current Affairs
1.
Which Bengaluru-based fintech company received RBI approval to operate as a Payment Aggregator–Cross Border (PA-CB)?
Answer: Option
Explanation:
Skydo received final authorisation from the Reserve Bank of India to operate as a Payment Aggregator–Cross Border, marking a major regulatory milestone in India’s fintech sector. This approval enables Skydo to provide regulated cross-border payment services, particularly benefiting MSMEs, exporters, startups, and freelancers. The licence strengthens trust, transparency, and compliance in international transactions, which involve foreign exchange and regulatory oversight. Skydo supports collections in multiple foreign currencies, offers a flat-fee pricing model without forex markups, and ensures faster settlements. The development also contributes to strengthening India’s digital payments ecosystem and export-oriented financial infrastructure.
Date : 2026-01-10
2.
Which institution will act as the banker, debt manager, and financial agent to facilitate market borrowings for Delhi Government’s Yamuna rejuvenation and infrastructure projects?
Answer: Option
Explanation:
The Reserve Bank of India has entered into a Memorandum of Understanding with the Delhi Government to support major developmental initiatives. Under this arrangement, RBI will function as the banker, debt manager, and financial agent for the Delhi Government. It will enable market borrowings through State Development Loans (SDLs), assist in efficient cash management, and provide access to low-cost liquidity. The funds raised will be strictly used for capital expenditure, with priority given to Yamuna rejuvenation, water supply, health, transport infrastructure, roads, and flyovers, ensuring long-term developmental impact.
Date : 2026-01-06
3.
Which financial institution, in partnership with the Department of Posts, provides the mobile app and systems for verifying informal micro enterprises on the Udyam Assist Platform?
Answer: Option
Explanation:
The initiative to verify informal micro enterprises on the Udyam Assist Platform is a collaborative effort between the Department of Posts and SIDBI. In this arrangement, India Post is responsible for conducting nationwide, geo-tagged Contact Point Verification through its extensive field network. The responsibility for providing the technological backbone lies with SIDBI, which supplies the CPV mobile application, supporting systems, and necessary training. This ensures accurate data collection and helps verified enterprises gain smoother access to institutional credit, aligning with SIDBI’s role in promoting MSME development.
Date : 2026-01-02
4.
Which company received RBI registration as a Type II Non-Banking Financial Institution, enabling its parent to expand into lending and credit activities?
Answer: Option
Explanation:
Aryaman Finance Ltd is the entity that obtained registration from the Reserve Bank of India on December 24, 2025, as a Type II Non-Banking Financial Institution, classified as a non-deposit taking Investment and Credit Company. This regulatory approval allows the company to legally operate in the lending and credit space. With this development, the parent company, Aryaman Financial Services Ltd, gains the ability to diversify its business operations beyond merchant banking. The RBI license is significant because it marks a strategic expansion into regulated financial activities, strengthening the group’s overall financial services portfolio.
Date : 2025-12-30
5.
Which international financial institution signed loan agreements worth over $2.2 billion with India in December 2025 to support multiple development projects?
Answer: Option
Explanation:
India entered into a major development financing partnership with the Asian Development Bank through the signing of five loan agreements exceeding $2.2 billion. These loans are aimed at supporting national and state-level initiatives across diverse sectors such as skill development, rooftop solar energy, healthcare infrastructure, metro rail expansion, and ecotourism-based livelihoods. The collaboration reflects India’s focus on inclusive and sustainable growth, climate action, and capacity building. By extending financial and technical assistance, the Asian Development Bank plays a key role in strengthening India’s development priorities while supporting long-term economic resilience and social infrastructure improvement.
Date : 2025-12-21
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