Current Affairs - Finance
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Exercise : Finance - Latest Current Affairs
- Finance - Latest Current Affairs
1.
When did SEBI extend the deadline for regulated entities to complete digital accessibility audits and resolve platform issues?
Answer: Option
Explanation:
SEBI extended the deadline for regulated entities to complete digital accessibility audits and address platform-related issues to October 31, 2026. The extension provides additional time to comply with the requirements of the Rights of Persons with Disabilities Act, 2016. The original deadline for completing digital platform accessibility audits was April 30, while the timeline for full compliance and remediation was July 31. The mandate applies to all SEBI-regulated entities and aims to ensure that digital platforms are accessible to persons with disabilities, promoting inclusivity and equal access to financial markets. SEBI regulates India’s securities market and protects investor interests.
Date : 2026-08-06
2.
Which insurance company launched the Promise2Secure life insurance plan in July 2026?
Answer: Option
Explanation:
Canara HSBC Life Insurance launched the Promise2Secure plan on July 29, 2026, as a non-linked, non-participating individual life insurance product. The plan offers two variants, Life Secure and Life Secure with Return of Premium and provides protection against accidental death, permanent disability, and 40 specified critical illnesses. It also includes features such as Child Care Benefit, Waiver of Premium on terminal illness, premium deferment, instant claim payouts, legacy planning support, teleconsultation services, and a premium lock feature. Established in 2007, Canara HSBC Life is headquartered in Gurugram, Haryana, and primarily operates through the bancassurance model.
Date : 2026-07-31
3.
Which organisation approved an $850 million loan to support the expansion of the Pradhan Mantri Surya Ghar: Muft Bijli Yojana in July 2026?
Answer: Option
Explanation:
The Asian Development Bank (ADB) approved an $850 million loan on July 30, 2026, to support Subprogram 2 of the Accelerating Affordable and Inclusive Rooftop Solar Systems Development Program under the Pradhan Mantri Surya Ghar: Muft Bijli Yojana. The initiative aims to install rooftop solar systems for 10 million low- and middle-income households, achieve 30 GW of residential solar capacity by FY2027, train 6,000 individuals with at least one-third women, and reduce carbon emissions by an estimated 28.8 million tonnes, while promoting sustainable solar infrastructure and clean energy adoption across India.
Date : 2026-07-31
4.
Which company became the first non-bank entity in India to receive a perpetual Authorised Dealer Category-II (AD Category-II) license from the Reserve Bank of India?
Answer: Option
Explanation:
EbixCash World Money became the first non-bank entity in India to receive a perpetual Authorised Dealer Category-II (AD Category-II) license from the Reserve Bank of India (RBI). This license enables the company to provide cross-border trade-related remittance services in addition to family remittances under the regulatory framework of the Foreign Exchange Management Act (FEMA), 1999. The approval is expected to benefit Micro, Small, and Medium Enterprises (MSMEs) by allowing them to make outward trade remittances directly without depending on traditional commercial banks. The milestone reflects the RBI's regulated approach to expanding foreign exchange services while maintaining compliance and financial stability.
Date : 2026-07-27
5.
Which insurance company launched the Smart Retirement Income with Sustained Earnings (Smart RISE) retirement income plan in July, 2026?
Answer: Option
Explanation:
Axis Max Life Insurance Ltd. launched the Smart Retirement Income with Sustained Earnings (Smart RISE) retirement plan on July 16, 2026. The product combines a guaranteed annuity with a NIFTY 50 index-linked variable annuity, offering customers both stable income and growth potential. It allows policyholders to choose a deferment period before receiving regular pension payouts and provides a Return of Purchase Price to nominees upon the annuitant's demise. Formerly known as Max Life Insurance Company Ltd., the company is headquartered in New Delhi and introduced this plan to support long-term retirement planning while addressing market volatility and financial security needs.
Date : 2026-07-17
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