Current Affairs Quiz 12th December 2025 Quiz

Exp. Ageas Federal Life Insurance Unveils New Brand Identity with “Har Wada Mumkin” Promise

Ageas Federal Life Insurance unveiled its refreshed brand identity with a new logo and the promise “Har Wada Mumkin – Promises Made Possible,” launched by MD & CEO Jude Gomes along with brand ambassador Sachin Tendulkar in Mumbai.

The new logo features two unifying arcs symbolising protection and guidance, with orange representing optimism and violet signifying trust, reflecting the company’s aim to simplify insurance and expand financial protection across India.

The rebranding highlights the company’s strong performance—270% solvency ratio (4th among private life insurers), 13% YoY growth in Individual APE, 100% claim settlement ratio, and a growing presence with 19.71 lakh policies, ₹27,558 crore sum assured, and ₹18,956 crore AUM as of March 2025.

Exp. Bank of Baroda Launches ‘Masterstroke’ Campaign Featuring Sachin Tendulkar to Promote Key Retail Banking Products

Bank of Baroda launched a new advertising campaign featuring Sachin Tendulkar as its global brand ambassador, promoting four key retail products—home loans, car loans, MSME loans via bob Digi Udyam, and the bob Masterstroke Lite Savings Account.

The campaign continues the “Play The Masterstroke” theme and uses four short films to show how choosing the right financial partner helps customers achieve goals like buying homes, cars, or expanding businesses.

According to Shailendra Singh (Chief General Manager, HRM & Marketing), the initiative positions Bank of Baroda as a trusted financial partner and supports its retailization strategy to boost customer acquisition and market reach.

Exp. Bank of Baroda Named ‘Best Bank in India’ at Bank of the Year Awards 2025 by The Banker Magazine

Bank of Baroda (BoB) has been awarded the title of ‘Best Bank in India’ at The Banker magazine’s “Bank of the Year Awards 2025 – Asia-Pacific,” a prestigious Financial Times publication.

The recognition highlights BoB’s enhanced customer experience through the expansion of its phygital branches, which seamlessly integrate physical and digital banking services.

According to The Banker, these phygital branches allow customers to quickly access key services such as obtaining statements, generating income tax payment certificates, and updating nominees for bank accounts.

Exp. SBI, BoB get RBI nod to set up fraud detection platform

SBI and Bank of Baroda have received approval from the Reserve Bank of India (RBI) to establish a new company called Indian Digital Payment Intelligence Corporation (IDPIC) aimed at enhancing fraud detection in digital transactions across public sector banks.

The new entity will be set up as a Section 8 (non-profit) company under the Companies Act, 2013, and will focus on identifying and preventing fraudulent digital payments to strengthen the security framework of India’s banking system.

The RBI’s approval is subject to an exemption by the Department of Financial Services (Ministry of Finance), allowing the banks to hold over 30% stake in the company—exceeding limits under Section 19(2) of the Banking Regulation Act—valid till October 16, 2026.

Exp. AU Small Finance Bank Gets DFS Approval to Raise Foreign Investment Limit from 49% to 74%

AU Small Finance Bank (SFB) received approval from the Department of Financial Services (DFS), Ministry of Finance, to raise its foreign investment limit from 49% to 74% of the paid-up capital of the bank.

The DFS approval follows the bank’s in-principal approval from RBI four months earlier for its transition to a universal bank, and the approval has no time limit on its validity, according to the bank’s regulatory filing.

The increased foreign investment limit will help AU SFB maintain sufficient headroom for foreign investment through permissible channels, in accordance with the consolidated FDI Policy.

About AU Small Finance Bank Limited

• Founded – 1996
• Founder – Sanjay Agarwal
• Headquarters – Jaipur, Rajasthan
• MD & CEO – Sanjay Agarwal
• Tagline – Chalo Aage Badhein

Exp. RBI Slaps ₹99.30 Lakh Penalty on J&K Bank for Violating KYC and Customer Service Norms

RBI has imposed a monetary penalty of ₹99.30 lakh on Jammu & Kashmir Bank for violating Section 26A of the Banking Regulation Act, 1949, and for non-compliance with RBI directions related to the Internal Ombudsman Scheme 2018, Customer Service in Banks, and KYC Directions.

The penalty was imposed by the RBI under the powers vested in Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act.

Based on supervisory findings of non-compliance and subsequent correspondence, RBI issued a show-cause notice to the bank, and after finding the reply unsatisfactory, imposed the monetary penalty.

Recent Penalties imposed on Financial Institution

• Kolkata-based Mannakrishna Investments Pvt Ltd (₹3.10 Lakh) by RBI – for Governance Violations
• Tamilnad Mercantile Bank (₹39.60 Lakh) – for Violations in BSBD Account Charges and Unclaimed Deposit Compliance
• Muthoot FinCorp Limited (₹2.7 lakh) by RBI – for non-compliance with norms related to the Internal Ombudsman.
• Bandhan Bank (₹44.70 Lakh) by RBI – for deficiencies in statutory and regulatory compliance.

Exp. ADB Raises India’s FY26 Growth Forecast to 7.2% on Strong Economic Momentum

ADB has raised India’s growth forecast for FY 2025-26 to 7.2%, up from 6.5%, citing strong economic performance in the July–September quarter and improved prospects for the fiscal year

ADB has kept its FY 2026-27 growth projection for India unchanged at 6.5%, indicating expectations of stable growth in the following year.

For the Asia-Pacific region, ADB now projects 5.1% growth, higher than the 4.8% forecast in September, supported largely by stronger-than-expected growth in India.

GDP Projection List 2025                                                                              

• Fitch Rating – 7.4% (FY25)
• Ind-Ra – 7% (FY26)
• CRISIL – 7% (FY26)
• IMF –6.4% (FY26); 6.2% (FY27)
• World Bank – 6.5% (FY26)
• EY – 6.7% (FY26)

Exp. SEBI Launches PaRRVA to Verify Past Returns and Curb Misleading Financial Claims

SEBI launches PaRRVA (Past Risk and Return Verification Agency) to verify past performance claims of market intermediaries and curb misleading financial claims.

Pilot launched by Care Ratings in collaboration with NSE, aiming to provide investors with independently validated past returns from SEBI-registered advisers, analysts, and algorithmic brokers.

Two-tier verification structure: a SEBI-registered credit rating agency as PaRRVA and a recognised stock exchange as the PaRRVA Data Centre, both independently verifying returns using a transparent methodology.

Focus on transparency and investor protection, preventing selective disclosure of favourable returns and monitored by an oversight committee to ensure compliance.

About Securities and Exchange Board of India (SEBI)

• Founded – 12 April 1988
• Act – 1992
• Headquarters – Mumbai
• Chairman – Tuhin Kanta Pandey (replace Madhabi Puri Buch)
• SEBI Set up – Uday Kotak committee

Exp. Raveena Tandon Honoured as PETA India’s 2025 Person of the Year for Wildlife and Animal Advocacy

Raveena Tandon was named PETA India’s 2025 Person of the Year for her commitment to a meat-free lifestyle, wildlife protection, and advocacy for community animals.

Promoted empathy for all living beings, highlighting her compassionate efforts to protect animals and raise awareness about humane treatment.

Collaborated with PETA India earlier this year to donate a life-sized mechanical elephant to Karnataka’s Thousand Pillars Jain Temple, supporting its decision not to use live elephants.

Joins a prestigious list of past PETA India awardees, including Virat Kohli, Dia Mirza, Alia Bhatt, John Abraham, Anushka Sharma, and many other Bollywood stars and notable personalities.

Exp. Venkatesh Prasad elected new KSCA president

Venkatesh Prasad was elected President of the Karnataka State Cricket Association (KSCA), defeating K.N. Shanth Kumar with 749 votes to 558, marking a major leadership change within the Karnataka State Cricket Association.

‘Team Game Changers’ dominates the elections, winning four of the five key office-bearer positions, including vice-president Sujith Somasundar, secretary Santosh Menon, and treasurer B.N. Madhukar.

B.K. Ravi wins joint secretary post, becoming the only office-bearer from Shanth’s ‘Team Brijesh’ camp with 669-638 votes.

Exp. Anant Ambani Becomes Youngest Asian to Win Global Humanitarian Award for Animal Welfare

Anant Ambani received the Global Humanitarian Award for Animal Welfare, becoming the youngest and first Asian to win this prestigious global honour presented by the Global Humane Society.

The award recognises his leadership in creating Vantara, a large-scale conservation initiative using modern veterinary science, species recovery programmes, and structured wildlife rehabilitation.

Recent Awards

• PETA India’s 2025 Person of the Year for Wildlife and Animal Advocacy – Raveena Tandon
• Global Humanitarian Award for Animal Welfare – Anant Ambani
• TIME’s 2025 CEO of the Year for Shaping Global Digital Culture – Neal Mohan
• 1st FIFA Peace Prize – Donald Trump
• Rum Brand of the Year Award 2025 – Camikara Rum (India)

Exp. Neal Mohan Named TIME’s 2025 CEO of the Year for Shaping Global Digital Culture

Neal Mohan, the Indian-American CEO of YouTube, has been named TIME’s 2025 CEO of the Year, with the magazine calling him a global culture shaper whose work influences the daily content diet of billions.

TIME describes the “surprisingly mellow” Mohan as a “farmer” cultivating the cultural soil of the world, noting that what YouTube produces becomes what people consume worldwide.

Exp. Andrej Babis Returns to Power as Czech Republic’s New Prime Minister

Andrej Babis, a populist billionaire and former Prime Minister (2017–2021), was sworn in again as the Prime Minister of the Czech Republic on December 9, 2025, after his party’s victory in the October parliamentary elections.

His new coalition commands 108 out of 200 seats in the Lower House, pushing the four centre-right, pro-Western parties of former PM Petr Fiala to the Opposition.

Newly Appointed Prime Ministers & Presidents

• President of Ireland – Catherine Connolly
• First Female PM of Japan – Sanae Takaichi (from Liberal Democratic Party)
• Interim PM of Nepal – Sushila Karki (first woman Chief Justice of nation from 2016–2017)
• President of Guyana – Irfaan Ali
• PM of France – Sebastien Lecornu

Exp. 10 December – Human Rights Day

Human Rights Day is observed every year on 10 December to commemorate the adoption of the Universal Declaration of Human Rights (UDHR) by the United Nations General Assembly in 1948.

Theme 2025 – Human Rights, Our Everyday Essentials

The day highlights the universal rights and freedoms that every individual is entitled to, regardless of nationality, gender, race, religion, or status.

It aims to spread awareness about protecting human dignity, ensuring equality, and promoting justice across the world.