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Current affairs — 1 October 2026

1 prelims-relevant story, each distilled into quick facts — with a 1-question quiz at the end.

Indian Economyliquidity-management

RBI to conduct 4-day Variable Rate Reverse Repo (VRRR) auction under LAF on October 01, 2026

The Reserve Bank of India announced a four-day Variable Rate Reverse Repo auction under the Liquidity Adjustment Facility for October 1, 2026. The notified amount is ₹2,00,000 crore, the bidding window is 9:30–10:00 AM, and reversal is scheduled for October 5, 2026. Existing operational guidelines will continue to apply.

Source published PrelimsAI reviewed/published
Read the original report from Reserve Bank of India — Press Releases (opens in a new tab)

Prelims pointers

  • The RBI scheduled a Variable Rate Reverse Repo auction under the Liquidity Adjustment Facility for Thursday, October 1, 2026.
  • The notified amount for the VRRR auction is ₹2,00,000 crore and its tenor is four days.
  • The auction window is 9:30 AM to 10:00 AM on October 1, 2026.
  • The scheduled date of reversal is Monday, October 5, 2026.
  • The auction retains the operational guidelines given in RBI Press Release 2019-2020/1947 dated February 13, 2020.

Today's quiz

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Question 1 of 1

With reference to the RBI's VRRR auction announced for October 1, 2026, which one of the following correctly states its amount and tenor?

Answer key

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  1. Q1

    With reference to the RBI's VRRR auction announced for October 1, 2026, which one of the following correctly states its amount and tenor?

    (A) ₹2,00,000 crore for four days

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