NEFT -RBI Frequently asked questions| Major Update

• System: National Electronic Funds Transfer (NEFT).
• Proprietor: Reserve bank of India (RBI)
• Availability: 24/7/365, half hourly settlement batches.
• Covers: Pan-India, all major banks and branches.

• Introduced: 13 October 2021 by PM Narendra Modi
• Experience 4 years PM GatiShakti, the first multimodal integrated infrastructure planning system in India.

The main highlights of current affairs at IREE 2025.

• Event: 16 th International Railway Equipment Exhibition (IREE 2025)
• Inaugurated by: Railway Minister, Ashwini Vaishnaw.
• Dates: 15–17 October 2025

Goa Development Initiatives -Top One-Liners.

• Amit Shah in Goa -Union Home and Cooperation Minister Amit Shah launched 21 development projects costing 2452 crore and inaugurated Mhaje Ghar Yojana.
• Scheme Objective - Mhaje Ghar Yojana will be focused on providing the ownership rights to the citizens of Goa who have the property that has been stagnant in a legal dispute of 11 different types.

• Economy and Governance / Current Affairs 2025.
• Amendment: National Highways Fee (Determination of Rates and Collection) Rules, 2008.
• Effective From: 15 November 2025
• Goal: Procedure: Promotions of electronic payments and decrease in cash transactions within the toll plazas.