Banking Charges
- Ujjivan Small Finance Bank revised SMS alert charges from August 1, 2026.
- New charge: ₹0.30 per SMS.
- Maximum monthly charge: ₹10.
- This change applies only to Ujjivan Small Finance Bank customers.
- It is not an RBI rule applicable to all banks.
- CKYCRR released its CKYC 2.0 integration guide on July 29, 2026.
- CKYC stores verified customer KYC records centrally.
- It reduces repeated submission of KYC documents.
- It aims to make customer onboarding faster and safer.
- Fresh KYC is not compulsory for every customer from August 1.
- July 31, 2026 was the normal ITR filing deadline.
- Returns filed from August 1 are treated as belated returns.
- Maximum late filing fee: ₹5,000.
- For income up to ₹5 lakh, the fee is generally ₹1,000.
- Late filing may cause interest, delayed refunds and restrictions on carrying forward losses.
- Oil marketing companies review LPG prices at the beginning of every month.
- Revised prices may apply from August 1, 2026.
- Prices may increase, decrease or remain unchanged.
- Domestic and commercial cylinders may have different rates.
- Any change becomes final only after an official announcement.
- West Central Railway introduced the system from August 1, 2026.
- It applies at selected Tatkal reservation counters.
- Passengers receive tokens determining their booking order.
- It aims to reduce crowding and queue disputes.
- It is not a nationwide change for all railway zones.
Question:
Q1. Which railway zone introduced a token system at selected Tatkal reservation counters from August 1, 2026?a) Northern Railway
b) Western Railway
c) West Central Railway
d) Eastern Railway
Answer: c) West Central Railway introduced the token system to determine passengers’ booking sequence, reduce crowding and make counter-based Tatkal bookings more transparent.
