INDIAN BANKING RADAR (IBR) - IBPS PO MAINS INTELLIGENCE MOCK

🔥 PLATINUM SERIES 2.0 | VOL. 173

📅 19 SEPTEMBER 2026 | SATURDAY

🎯 TARGET EXAMS

IBPS PO • SBI PO • IBPS RRB • RBI • NABARD

Banking & Financial Services Exams • Civil Services

⚡ 20-MCQ BANKING & ECONOMY INTELLIGENCE TEST

⏱️ TIME: 15–18 Minutes

📝 QUESTIONS: 20

🎯 MARKS: 20

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🔥 TODAY'S FOCUS

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🏦 RBI Liquidity Management

💰 VRRR & OMO

💱 Forex Reserves & FCNR(B)

💳 UPI & MDR

📈 SEBI Regulations

🔗 Tokenised Corporate Bonds

₹ Wholesale e₹

📊 CPI & WPI Inflation

🧠 Banking & Economy Current Affairs

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🔥 SECTION A — INTELLIGENCE TEST

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Q1. In the RBI's three-day VRRR auction conducted on 18 September 2026, the amount accepted was:

A. ₹2.00 lakh crore

B. ₹2.22629 lakh crore

C. ₹2.50 lakh crore

D. ₹3.00 lakh crore

E. ₹3.53 lakh crore

Q2. The cut-off rate and weighted average rate in the RBI's three-day VRRR auction of 18 September 2026 were:

A. 5.00% and 5.00%

B. 5.25% and 5.25%

C. 5.24% and 5.24%

D. 5.50% and 5.50%

E. 5.75% and 5.75%

Q3. In the RBI's OMO sale auction conducted on 17 September 2026, the amount of Government securities accepted by RBI was:

A. ₹25,000 crore

B. ₹40,000 crore

C. ₹66,590 crore

D. ₹50,000 crore

E. ₹1,00,000 crore

Q4. In the RBI's 17 September 2026 OMO sale auction, ₹66,590 crore represented:

A. Total bids received

B. Amount accepted by RBI

C. Amount settled on 18 September

D. Amount of liquidity absorbed

E. Remaining amount notified for sale

Q5. The remaining tranches of RBI's ₹1 lakh crore OMO sale programme after the 17 September auction are scheduled for:

A. 18 and 21 September 2026

B. 19 and 26 September 2026

C. 20 and 27 September 2026

D. 22 and 29 September 2026

E. 21 and 28 September 2026

Q6. Which statement correctly distinguishes VRRR from an OMO sale as a liquidity-management instrument:

A. Both permanently increase system liquidity

B. VRRR is a temporary liquidity absorption tool, while an OMO sale involves sale of securities by RBI

C. VRRR directly changes CRR, while OMO sale changes SLR

D. OMO sale directly changes the statutory SLR

E. Both instruments directly change the policy repo rate

Q7. India's foreign exchange reserves for the week ended 11 September 2026 stood at approximately:

A. US$740.80 billion

B. US$785.71 billion

C. US$780.78 billion

D. US$804.50 billion

E. US$720.80 billion

Q8. As of the week ended 11 September 2026, which component constituted the largest part of India's foreign exchange reserves:

A. Gold reserves

B. SDRs

C. Reserve Tranche Position

D. Foreign Currency Assets

E. IMF quota

Q9. As of 31 August 2026, the approximate amount mobilised through FCNR(B) deposits under the special foreign-exchange mobilisation programme was:

A. US$127.23 billion

B. US$136.38 billion

C. US$65.40 billion

D. US$72.85 billion

E. US$5.26 billion

Q10. UPI transactions in August 2026 reached approximately:

A. 18,500 million

B. 20,750 million

C. 22,800 million

D. 23,900 million

E. 24,509 million

Q11. Under the revised UPI MDR framework effective from 15 October 2026, which transaction category continues to remain free of MDR:

A. All specified P2M transactions

B. P2P transactions

C. All international merchant transactions

D. All corporate merchant transactions

E. Every P2M transaction above ₹2,000

Q12. Under the revised UPI MDR framework, the standard MDR applicable to eligible P2M transactions above ₹2,000 is:

A. 0.02%

B. 0.20%

C. 0.40%

D. 0.60%

E. 0.80%

Q13. SEBI's Demat 2.0 pilot for tokenised corporate bonds combines distributed ledger technology with settlement through:

A. Cryptocurrency

B. UPI Lite

C. RuPay

D. Wholesale e₹

E. FASTag

Q14. SEBI's 17 September 2026 initiative extended the Samuhik Prativedan Manch to:

A. Members of Clearing Corporations

B. Insurance companies

C. Pension funds

D. Scheduled commercial banks

E. Credit rating agencies

Q15. India's headline CPI inflation for August 2026 was approximately:

A. 4.45%

B. 5.52%

C. 5.95%

D. 7.05%

E. 4.82%

Q16. India's food inflation, measured through the Consumer Food Price Index, for August 2026 was approximately:

A. 4.82%

B. 5.95%

C. 5.52%

D. 7.05%

E. 9.92%

Q17. India's headline WPI inflation for August 2026 was approximately:

A. 7.05%

B. 8.37%

C. 9.92%

D. 9.78%

E. 10.50%

Q18. WPI inflation for manufactured products in August 2026 was approximately:

A. 7.05%

B. 9.92%

C. 22.93%

D. 8.37%

E. 5.95%

Q19. WPI inflation for the Fuel & Power group in August 2026 was approximately:

A. 22.93%

B. 9.92%

C. 8.37%

D. 7.05%

E. 5.95%

Q20. Which statement correctly describes India's August 2026 inflation data:

A. CPI was 9.92% and WPI was 4.82%

B. CPI was 5.95% and WPI was 4.82%

C. CPI was 7.05% and WPI was 8.37%

D. CPI was 8.37% and WPI was 5.95%

E. CPI was 4.82% and WPI was 9.92%

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🗝️ ANSWER KEY

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Q1.B

Q2.C

Q3.D

Q4.A

Q5.E

Q6.B

Q7.C

Q8.D

Q9.A

Q10.E

Q11.B

Q12.C

Q13.D

Q14.A

Q15.E

Q16.B

Q17.C

Q18.D

Q19.A

Q20.E

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🧠 IBR QUICK REVISION

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🔹 RBI VRRR — 18 SEPTEMBER

Notified → ₹2,25,000 crore

Accepted → ₹2,22,629 crore

Cut-off rate → 5.24%

Weighted average rate → 5.24%

Tenor → 3 days

🎯 TRAP:

₹2.25 lakh crore = notified

₹2.22629 lakh crore = accepted

🔹 RBI OMO SALE — 17 SEPTEMBER

Notified → ₹50,000 crore

Bids received → ₹66,590 crore

Accepted → ₹50,000 crore

🎯 TRAP:

₹66,590 crore = bids received, not amount accepted.

🔹 FOREX RESERVES

Week ended 11 September 2026:

Total → US$780.78 billion

FCA → US$645.80 billion

🎯 TRAP:

US$785.71 billion relates to the previous week.

🔹 FCNR(B) MOBILISATION

As of 31 August:

FCNR(B) → US$127.23 billion

OFCBs → US$5.26 billion

ECBs → US$3.89 billion

🎯 MEMORY RULE:

FCNR(B) ≫ OFCBs + ECBs

🔹 UPI — AUGUST 2026

Volume → 24,508.96 million

Equivalent → 24.509 billion transactions

Banks live on UPI → 752

NPCI's official statistics report August 2026 UPI volume at 24,508.96 million transactions.

🔹 UPI MDR

Eligible P2M transactions above ₹2,000 → 0.40% MDR

P2P → No MDR

🎯 TRAP:

MDR should not be confused with a customer transaction fee or GST.

🔹 SEBI — SEPTEMBER 2026

7 September → Angel Funds: Accredited Investor mandate timeline relaxation.

7 September → Ease of regulatory compliances for FPIs investing only in Government Securities.

9 September → Position limits and penalty provisions for Commodity Derivatives.

10 September → Demat 2.0 pilot for Tokenised Corporate Bonds.

17 September → Samuhik Prativedan Manch extended to Members of Clearing Corporations.

🔹 DEMAT 2.0

Corporate Bonds

↓

Tokenisation

↓

Distributed Ledger Technology

↓

Wholesale e₹ settlement

🎯 TRAP:

Tokenised bond ≠ Cryptocurrency

🔹 AUGUST CPI

Headline CPI → 4.82%

Food inflation / CFPI → 5.95%

🔹 AUGUST WPI

Headline WPI → 9.92%

Manufactured Products → 8.37%

Fuel & Power → 22.93%

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⚠️ IBR EXAM TRAPS

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❌ ₹2.25 lakh crore accepted in VRRR

✅ ₹2.22629 lakh crore accepted

❌ ₹66,590 crore accepted in OMO

✅ ₹66,590 crore = bids received

❌ OMO sale injects liquidity

✅ OMO sale absorbs liquidity

❌ US$785.71 billion = latest reserve figure

✅ US$780.78 billion = week ended 11 September

❌ FCA is not the largest reserve component

✅ FCA is the largest component

❌ 24,508.96 million = 24,508.96 billion

✅ 24,508.96 million = 24.509 billion

❌ P2P above ₹2,000 automatically attracts MDR

✅ P2P remains free of MDR

❌ 5.95% = headline CPI

✅ 4.82% = headline CPI

❌ 9.92% = manufactured-product inflation

✅ 9.92% = headline WPI

❌ Demat 2.0 = cryptocurrency bonds

✅ Demat 2.0 = tokenised corporate bonds + DLT + wholesale e₹

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📊 SCORE GUIDE

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🔥 18–20 → ELITE MAINS ZONE

🟢 16–17 → EXAM READY

🟡 13–15 → GOOD — REVISE WEAK AREAS

🟠 10–12 → NEEDS CONCEPT REVISION

🔴 BELOW 10 → REBUILD CORE CONCEPTS

🎯 IBR TARGET: 18+

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🎯 TODAY'S INTELLIGENCE MAP

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🏦 RBI Liquidity

💰 VRRR & OMO

💱 Forex & FCNR(B)

💳 UPI & MDR

📈 SEBI Regulation

🔗 Tokenisation & DLT

₹ Wholesale e₹

📊 Inflation

🧠 Banking Concepts

NEWS → FACT → CONCEPT → IMPACT → EXAM TRAP

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🎥 IBR YOUTUBE — YOUR DAILY EXAM EDGE

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📺 INDIAN BANKING RADAR (IBR)

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⚠️ Exam Traps • Concept Revision

🎯 30–60 Second Quick Revision

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💎 IBR PREMIUM EDGE

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🔥 PREMIUM BANKING PREPARATION

📘 Mock Tests

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🎯 Current-Affairs Revision

👉 REGISTER FOR IBR PREMIUM

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🔥 FINAL MANTRA

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Don't merely memorise today's news.

Convert every headline into:

FACT → CONCEPT → IMPACT → EXAM TRAP

🏦 THAT IS THE IBR INTELLIGENCE APPROACH.

🎯 READ SMART • THINK BANKING • ANSWER INTELLIGENTLY

— INDIAN BANKING RADAR (IBR)