Current Affairs
easyQ. No. 19992
Which institution subscribed ₹4 crore to NSDC’s maiden Zero Coupon Zero Principal issue announced on 22 October 2026?
Last Updated:
ARBI
BSIDBI
CEXIM Bank
DNABARD
Correct Answer: D. NABARD
Introduction
Economy and skills | NSDC entered the NSE Social Stock Exchange to raise resources for an employment-linked training programme.
Explanation
NABARD subscribed ₹4 crore to NSDC’s first ZCZP issue. The ₹11.25 crore programme aimed to prepare 600 young people from economically weaker OBC households in Madhya Pradesh for work in Japan and Germany. The funding mix was 15% beneficiary participation, 35% Social Stock Exchange financing and 50% from the Madhya Pradesh government upon successful international placement. ZCZP means Zero Coupon Zero Principal: the framework does not carry conventional interest or principal repayment obligations. Remember the social purpose and outcome reporting, rather than treating the instrument as an ordinary interest-paying bond. Source: https://www.pib.gov.in/PressReleasePage.aspx?PRID=2326769
Important Notes
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Where can I find daily current affairs for October 2026?
Every date of October 2026 has its own page under this topic. Open the date you want and you will get exam-style MCQs with answers and short explanations.
Which exams is October 2026 current affairs useful for?
SSC CGL and CHSL, Banking exams like IBPS and SBI, RRB, State PSC and UPSC prelims. Exams held in 2027 usually ask current affairs from the previous six to eight months, so October 2026 is important.
Is the October 2026 current affairs quiz available in Hindi?
Yes. Every question, option and explanation is given in both Hindi and English, so you can practise in the language of your exam.
How should I revise a full month of current affairs?
Solve one date a day and mark the questions you get wrong. Go back to those on the weekend. At the end of the month, one quick round of all the wrong answers is usually enough.