Business, Economy & Banking Current Affairs MCQs

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According to Official Airline Guide (OAG) data, India has become the third-largest domestic aviation market globally. India ranks behind the United States and China in domestic aviation capacity. India surpassed Brazil and Indonesia to achieve this position. The Government has taken several steps to boost the civil aviation sector. These steps include developing international aviation hubs and establishing Maintenance, Repair and Overhaul (MRO) facilities. The Government has also prepared an International Aviation Hub Strategy to strengthen aviation infrastructure.

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The success of Amazon, the world’s largest e-commerce retailer, is partly attributed to its use of dropshipping practices, which help reduce inventory and warehousing costs while improving operational efficiency. Dropshipping is a retail business model in which sellers accept customer orders without keeping products in stock. After receiving an order, the seller purchases the product from a third-party supplier, who ships it directly to the customer. The seller acts as an intermediary between the supplier and the consumer. The model reduces costs related to warehousing, inventory management, and unsold stock.

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Agricultural and Processed Food Products Export Development Authority (APEDA) has successfully completed the first cohort of its BHARATI programme (Bharat’s Hub for Agritech, Resilience, Advancement and Incubation for Export Innovation). It is an initiative of APEDA. The initiative aims to promote innovation-driven growth in agri-food exports and support India’s target of USD 50 billion agri-food exports by 2030. Startups under the programme achieved early export success, including GI-tagged mangoes, millet-based products, and organic goods to global markets like the UAE, EU, USA, UK, and New Zealand. The programme strengthens India’s agri-export ecosystem through startups, technology, and value addition.

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Specialised Investment Funds (SIFs) have crossed ₹13,814 crore in Assets Under Management (AUM) shortly after their introduction. Specialised Investment Funds (SIFs) is a new investment product introduced by the Securities and Exchange Board of India (SEBI). It aims to bridge the gap between mutual funds and Portfolio Management Services (PMS). The framework was introduced through amendments to the SEBI (Mutual Funds) Regulations, 1996. SIF investment strategies are divided into Equity-oriented, Debt-oriented, and Hybrid strategies. Currently, only one strategy per category is permitted for each SIF.

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As Digital India completes 11 years, eSaras has emerged as a major digital platform empowering rural women entrepreneurs and Self-Help Groups (SHGs). eSaras is a government-backed digital commerce platform developed by the Digital India Corporation (DIC) under Ministry of Electronics and Information Technology, in collaboration with the Ministry of Rural Development (MoRD) under the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM). The platform connects SHGs, women entrepreneurs, Farmer Producer Organisations (FPOs), and producer collectives directly with customers across India.

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The Udyam Registration Portal and Udyam Assist Platform, launched by the Ministry of Ministry of Micro, Small and Medium Enterprises (MSME), are promoting the formalisation of MSMEs and strengthening India’s entrepreneurial ecosystem. Udyam Registration provides a free, paperless, self-declaration-based online registration for MSMEs, while the Udyam Assist Platform helps informal micro enterprises gain formal recognition. These initiatives promote inclusive growth by supporting women, SC/ST entrepreneurs, rural enterprises, artisans, start-ups, and youth entrepreneurs. As July 2026, more than 8.9 crore enterprises have been registered through the two platforms, generating employment for more than 38 crore people.

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Employees’ Provident Fund Organisation (EPFO) launched VISHWAS, 2026, a one-time dispute resolution scheme. It aims to settle disputes related to damages/penalties under the Employees’ Provident Funds and Miscellaneous Provisions (EPF & MP) Act, 1952 and the Code on Social Security, 2020.
The scheme came into effect on 29 June 2026 and will remain operational for six months. It covers pending cases under appeal, recovery cases, cases with pending orders, and cases where notices are yet to be issued.

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The National Stock Exchange (NSE) has introduced Electronic Gold Receipts (EGRs) as an exchange-traded segment for buying and selling gold in electronic form. EGRs are exchange-traded securities representing ownership of physical gold stored in Securities and Exchange Board of India (SEBI)-regulated vaults. They are held in a demat account, traded like shares with a T+1 settlement cycle, and can be converted into physical gold.

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EnKash, India’s leading business payments and spend management platform, has launched UPI-based payments on its Meal Card. Employees can now pay directly from their meal card balance by scanning eligible UPI QR codes. The facility can be used at food and grocery merchants. EnKash has become the first company in India to enable UPI payments directly from a meal benefit balance. The feature extends EnKash’s Prepaid Payment Instrument (PPI) ecosystem.

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Google was ranked India’s Most Attractive Employer Brand in the Randstad Employer Brand Research (REBR) 2026. Tata Group secured the second position, followed by Amazon. The study was based on responses from over 1.75 lakh people across 34 markets, including around 3,500 respondents in India. The report highlights the rise of the “Balanced Employer”, where employees value the overall Employee Value Proposition (EVP) rather than salary alone. Career growth, work-life balance, and reliable pay and benefits emerged as the top priorities for employees.