Question 2 - With reference to the RBI’s proposed framework on digital payments, consider the following statements:

1. Digital transactions above ₹10,000 will be instantly credited but flagged for review.
2. During the 2-hour lag, funds are debited but not credited to the beneficiary.
3. The delay mechanism aims to provide a window to cancel fraudulent transactions.

Which of the above statements is/are correct?

A. 1 and 2 only
B. 2 and 3 only
C. 1 and 3 only
D. 1, 2 and 3
E. 3 only

Answer – Option E
Explanation: Funds are not credited instantly (1 is incorrect). During the lag, money is debited but held, and the window allows cancellation and the lag is of 1 hour (2 is incorrect), therefore only statement 3 is correct.

Question 3 - A fraudster scams multiple individuals and directs them to transfer money into Account X. The owner of Account X then quickly transfers funds to several other accounts to avoid detection.

Which of the following best describes Account X?

A. Escrow Account
B. Suspicious Account
C. Mule Account
D. Shadow Account
E. Proxy Account

Answer – Option C
Explanation: A mule account is used as an intermediary to receive and transfer illicit funds, helping fraudsters hide their identity.

Question 4 - Ram frequently transfers money to Shyam and adds him to the bank’s “trusted list.” As a result, all future transactions from Ram to Shyam are processed instantly without any delay.

Which of the following mechanisms is being illustrated?

A. Shadow Mode
B. Kill Switch
C. Cooling Period
D. Whitelisting
E. Secondary Authentication

Answer – Option D
Explanation: Whitelisting allows users to mark beneficiaries (like Shyam) as trusted, ensuring transactions are processed instantly without the 1-hour delay.

Question 5 - Under RBI’s proposed framework, standard KYC accounts will have an annual inflow limit of __.

A. ₹10 lakh
B. ₹15 lakh
C. ₹20 lakh
D. ₹25 lakh
E. ₹50 lakh

Answer – Option D
Explanation: RBI proposes a ₹25 lakh annual inflow cap for standard KYC accounts. Any amount beyond this is restricted under a controlled mechanism (shadow mode) until verification, to prevent misuse like mule accounts.

The Reserve Bank of India proposes a special protection framework for vulnerable users (senior citizens above 70 and differently-abled individuals).

For transactions above ₹50,000, a “Trusted Person” can be added to provide a second layer of authentication, reducing the risk of fraud.

Team Chapterss

📢 Important | YouTube Current Affairs Schedule | Starting 26th April

Hello, Future Officers 👋

We are officially starting our Current Affairs YouTube Classes from 26th April, and this is going to continue consistently in the coming days.

At Chapterss, we stand on two strong pillars:

1. Free Learning for all:
All Current Affairs classes will be conducted LIVE on YouTube. No matter which institute you belong to, you can come and experience the quality, clarity, and exam-focused teaching.

2. Affordable Learning: 💡
To sustain and deliver high-quality content, we are offering: Daily Current Affairs PDFs + Weekly and Monthly Compilations + thousands MCQs (quizzes) for practice. You can avali the paid content from two of the following options.

✅ Current Affairs Package | Just ₹100/month (billed yearly) | Link - Click Here
or
✅ Single Current Affairs Chapter | Just ₹51/month | Link - Click here

📅 How the Schedule Works

26 April – Introduction Class
27 April – First Class
28 April – Revision Day
29 April – Next Class
30 April – Revision Day

And this pattern continues:
👉 Class → Revision → Class → Revision

What to Do on Revision Day
This is where real things happens:
1. Attempt the quiz (1st attempt)
2. Revise through PDF
3. Re-attempt the quiz -> Target: 100/100 in the second attempt -> Each quiz comes with 3 attempts, so use them smartly.

⏳ Detailed Schedule - The complete schedule will be released today at 5 PM.

Be ready. Stay disciplined.
Because Chapterss is going BIG on Current Affairs for RBI Grade B 2026.

Let’s build consistency.
Let’s build selection.

Jalaj and Devanshu
– Team Chapterss

📅 Current Affairs Schedule is Live

Hello Future Officers 👋

The Complete Current Affairs Schedule is now out.

We have designed this schedule keeping one thing in mind: Selection requires clarity + consistency + revision.

🔍 What Makes This Schedule Different?

✔️ Comprehensive Coverage
Month-by-month structured coverage - no confusion, no overlap

✔️ Ample Revision Time
Dedicated revision days after every session. So you don’t just study, you retain

✔️ 100+ MCQs Practice
Every revision day = strong practice + concept reinforcement

✔️ Time for QRE
Don’t over invest in CA and manage QRE smartly.

✔️ No Chaos of Multiple Sources
Everything aligned in one structured flow

✔️ Free + Affordable + Quality
Watch classes for FREE on YouTube
Upgrade only if you want PDFs + MCQs

If you have any doubts, feel free to ask.

Our Current Affairs Team is always there to support you.

Link of our YouTube Channel
www.youtube.com/@The_Chapterss

Thank you
Team Chapterss

A Small Request from Team Chapterss 🤍

Dear Future Officers,

When we started Chapterss, we had just one thought in mind, If we can teach hundreds, why not thousands?

Today, that journey has begun, But to truly reach those thousands, we need you.

If you feel that:

Our content is genuinely helping you
Our approach feels different and meaningful
Our classes are something you look forward to
We are trying to keep learning affordable and accessible

Then maybe, you can help us take this forward.

There are so many students out there:

Still confused about where to start Current Affairs
Still searching for quality content at a reasonable price

You can simply tell them:
👉 “There’s something good happening at Chapterss.”

That’s it. Nothing more.

Because good thing, grow only when they are shared.

Don’t keep it to yourself
Let it reach someone who needs it. 🤍

— Team Chapterss

📢 Dear Future Officers,

Today’s Current Affairs Quiz (10th April) has been uploaded on the portal.

🧠 The quiz includes 30 questions covering:
• RBI's Utkarsh 2029
• Womaniya Initiative
• PLI Scheme for Textiles
• And other important news from today’s Current Affairs chapter

If you are ready to improve, you can access the full quizzes through the following ways:

Click here to attempt quiz in Current Affairs Chapter April 2026: Rs 51

or

Click here to attempt quiz in Current Affairs Package: Rs 100/month for entire year (Recommended ⭐)

-- Team Chapterss

Message of Mentor (MoM)
Topic - “Whatever It Takes”

Sometimes you watch an army movie.

You see soldiers saying, “We are ready to make the supreme sacrifice.”

In that moment, sitting in the theatre,
you feel something powerful.
A sudden rush.
A sense of purpose.

But the moment you step out, life goes back to normal.
That feeling fades.

Now pause.

I am not an army man.
And neither are you.

But ask yourself, as a student preparing for RBI Grade B Phase 1. Do you have your version of that commitment?

Not the supreme sacrifice, but the necessary sacrifices.

Are you ready to give up comfort?
Are you ready to push on days you don’t feel like it?
Are you ready to stay consistent when no one is watching?

Because clearing this exam demands that.

Let me be very honest with you.

No one knows whether you will clear Phase 1 or not.
Not me. Not you.

But we all know one thing:

Out of 100, only 1–2 will move ahead.

So the real question is not about the exam.

The real question is:
Are you doing whatever it takes to be in that 1–2%?

And understand this clearly, “whatever it takes” is not just about studying more hours.

It includes:

Taking care of your health
Managing your energy
Staying mentally stable under pressure
Showing up every single day

Because this is a complete test of you.

Now ask yourself, honestly:

Have you really given everything?

If your answer is yes,
sleep peacefully tonight. You’ve earned it.

If your answer is no,
then don’t ignore that voice.

Because buying a course, joining a platform, making a plan…is not enough.

Execution is everything.

You still have time.
But not unlimited time.

Decide your side.
Good Night

— Team Chapterss

Good Morning, Future Officers!

Today’s Positive Manifestation

“I’ll give my best today.
With focus in my mind and calm in my heart, I will do what I can, sincerely and confidently.”

“आज मैं अपना सर्वश्रेष्ठ दूँगा/दूँगी।
मन में एकाग्रता और दिल में शांति के साथ, मैं ईमानदारी और आत्मविश्वास से अपना काम करूँगा/करूँगी।”

👉 Repeat it 5 times.

Your best is enough for today.

Dear Future Officers,

The Daily Current Affairs Chapter of 11th & 12th April has been uploaded on the portal.

With the RBI Grade B 2026 notification expected on 28th April, current affairs is no longer optional.
It is non-negotiable.

Read it in today’s Daily Current Affairs Chapter for a clear, comprehensive understanding.

We recommend all of you to visit the portal, go through the document, and stay consistent with your preparation, just as you have been doing over the last six months.

👉 Click here to access the document in April 2026 Current Affairs Chapter. (Price: Rs 51)

👉 Click here to access the document in Current Affairs Package. (Rs 100/Month for entire year: Recommended)

Start today. Stay consistent. No excuses.

-- Team Chapterss

Hello Future Officers,

Today’s editorial coverage is going to be very powerful and exam-relevant.

We are covering 4 important articles, all of which will be available inside our Editorial Course launching today at 12 PM.

🔹 Article 1: Desperate Measures in Desperate Times
Understand RBI’s actions, forex market, NDF, arbitrage, Rupee internalization.

🔹 Article 2: SEBI is moving fast for AIF, REITs and InVITs
The objective is to understand the basic meaning of AIFs, their categories, REITs & InvITs, and key differences

🔹 Article 3: Gold demand & Akshaya Tritiya
You'll learn Important concepts around gold demand, investment behavior, and market trends

🔹 Article 4: Fertiliser subsidy reforms
Covers pricing issues, subsidy burden, and agricultural policy challenges

💡 These are not just articles, they are exam-ready concepts explained in the simplest manner.

📌 All 4 editorials will be uploaded inside the course
⏰ Course Launch Today at 12 PM

— Team Chapterss

PS: For our comprehensive coverage of Current Affairs, you can check the Current Affairs Package.

Just ₹100/month (billed yearly) | Link - Click Here

Dear Future Officers,

We are excited to introduce our new course:

Daily Editorial Analysis - This course is now live on our website.
Link - Click here

🤔 What is this course about?

Every single day, we will bring to you:
✅ Minimum 3 highly relevant editorials
✅ Carefully selected from Business Standard, The Hindu, and LiveMint
✅ Covering key areas like economy, finance, governance, and policy

🤔 What will you get?

This is not just a summary service. Through each editorial, we will help you:
✔ Understand what the news is actually about
✔ Decode the core issue being discussed
✔ Build the background and context around the topic
✔ Learn how to interpret editorials analytically

The objective is simple:
👉 You should never miss important editorials again`

💰Pricing for editorial course (Keeping it Affordable as Always)
• ₹350 for 6 months
• ₹500 for 12 months

😎`Pro Tip
If your goal is only editorial understanding, this course is perfectly sufficient.

However, if you are aiming for complete current affairs preparation, including: Daily CA chapters, Quizzes, RBI notifications, reports, schemes and entire current affairs Phase 1 + Phase 2 coverage

Then we strongly recommend going for our: Current Affairs Package (Link - Click Here)
• ₹750 (6 months)
• ₹1200 (12 months)

Choose what fits your preparation strategy. But make sure one thing is clear: Ignoring editorials is no longer an option.

— Team Chapterss
We you, always.

Dear Students,

Do you know the current fertilizer subsidy bill of India?

₹1,87,000,00,00,000+
(Yes… over ₹1.87 trillion)

Now ask yourself:
1. Why is the government spending this much?
2. Why is urea still being sold at just ₹270 per bag despite global prices sky rocketing?
3. Why is no major price reform happening even today?

And the bigger question…

4. Are we slowly moving towards agrarian distress?
5. Are we damaging our soil so much that future productivity itself gets compromised?

Today, we decode all of this for you.

We are sharing one complete Editorial Analysis for FREE. So that you can experience how deeply and clearly we break down complex issues for your exam preparation.

This is not just news.
This is exam-oriented understanding.

📘 Today’s Editorial Coverage Includes:

🔹 Article 1: Desperate Measures in Desperate Times
🔹 Article 2: SEBI is moving fast for AIFs, REITs & InvITs
🔹 Article 3: Gold Demand & Akshaya Tritiya
🔹 Article 4: Fixing Fertilizer Subsidy (free for you)

Want more?

🟡 Full Editorial Course → ₹350 (6 months) | Link - Click here
🟡 Full Current Affairs Package → ₹750 (6 months) | Link - Click Here

Don’t just read editorials.
Learn how to think like an officer.

— Team Chapterss

📄 Read the editorial NOW!

👉 This is a must-read for NABARD Grade A students, as it directly deals with core agriculture issues like fertiliser policy, soil health, and subsidy structure.

👉 For RBI, and other regulatory exams, this is equally important to understand what is actually happening in the economy right now, beyond just static concepts.

Enjoy reading it.

Posting some important questions from today’s editorial.
Ready to answer?

Question 1 - The India Millennium Deposit scheme, used to attract foreign currency inflows, was launched in which year?

A. 1991
B. 1998
C. 2000
D. 2008
E. 2013

Answer – Option C
Explanation: The India Millennium Deposit (IMD) scheme was launched in 2000 by SBI to mobilize funds from NRIs during a foreign exchange crisis, thereby boosting India’s forex reserves.

Question 2 - Which of the following best describes the “policy paradox” with respect to RBI Forex interventions?

A. RBI is increasing interest rates while aiming to reduce inflation
B. RBI is restricting offshore markets while aiming for rupee internationalisation
C. RBI is promoting exports while controlling imports
D. RBI is reducing liquidity while encouraging bank lending
E. RBI is restricting onshore markets while aiming for rupee internationalisation

Answer – Option B
Explanation: The paradox lies in RBI restricting offshore market participation (to curb speculation), even though such markets are essential for promoting rupee internationalisation in the long run.