Current Affairs quiz 2025, Daily gk updates and Current affairs is playing a major role in any competitive exam. so here we are providing the current affairs quiz on daily basis for Bank, SSC, Railway and Other Government Competitive Examinations.
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Q.1. Markets regulator SEBI introduces single-window access for low-risk foreign investors, simplifying participation in the Indian securities market and enhancing India’s appeal as an investment destination. The framework named SWAGAT-FI provides unified registration across multiple investment routes and reduces repeated compliance and documentation. What is the full form of SWAGAT-FI?
मार्केटरेगुलेटर SEBI नेकमरिस्कवालेविदेशीइन्वेस्टर्सकेलिएसिंगल–विंडोएक्सेसशुरूकियाहै, जिससेइंडियनसिक्योरिटीजमार्केटमेंहिस्सालेनाआसानहोजाएगाऔरइन्वेस्टमेंटडेस्टिनेशनकेतौरपरभारतकीअपीलबढ़ेगी। SWAGAT-FI नामकायहफ्रेमवर्ककईइन्वेस्टमेंटरास्तोंपरयूनिफाइडरजिस्ट्रेशनदेताहैऔरबार–बारहोनेवालीकंप्लायंसऔरडॉक्यूमेंटेशनकोकमकरताहै। SWAGAT-FI काफुलफॉर्मक्याहै?
(a) Single Window Automatic & Generalised Access for Trusted Foreign Investors
(b) Simplified Workflow Access for Global and Trusted Foreign Investors
(c) Single Way Agreement for Foreign Institutional Investors
(d) Secure Window Access for Global Accredited Traders
(e) Systematic Workflow for Advanced Foreign Investment
Answer & Explanation
Ans.1.(a)
Exp. SEBI Launches SWAGAT-FI to Simplify Investment for Low-Risk Foreign Investors in India
SEBI introduces single-window access for low-risk foreign investors, simplifying participation in the Indian securities market and enhancing India’s appeal as an investment destination.
The framework, named SWAGAT-FI (Single Window Automatic & Generalised Access for Trusted Foreign Investors), provides unified registration across multiple investment routes and reduces repeated compliance and documentation.
Eligible low-risk foreign investors include government-owned funds, central banks, sovereign wealth funds, multilateral entities, highly regulated public retail funds, appropriately regulated insurance companies, and pension funds.
The move is aimed at streamlining investment procedures, lowering administrative hurdles, and making India more attractive for long-term foreign institutional investments.
Q.2. Who has been appointed as the new United Nations Resident Coordinator in India?
Exp. Stefan Priesner Appointed as New UN Resident Coordinator in India
United Nations Secretary-General Antonio Guterres has appointed Stefan Priesner of Austria as the new UN Resident Coordinator in India.
Priesner brings extensive experience in international development, having served as UN Resident Coordinator in Iran (2021–2025), Malaysia–Brunei–Singapore (2017–2021), and Uzbekistan (2013–2017), along with various senior UNDP roles across Asia and Europe.
He holds master’s degrees in international relations (Johns Hopkins University) and law (University of Vienna), started his UN career in 1997 in Bhutan, and succeeds Shombi Sharp as the UN Resident Coordinator for India.
Recent Appointments in Foreign
MD and Chief Knowledge Officer of World Bank Group – Paschal Donohoe
12th Director-General of UNESCO – Khaled El‑Enany of Egypt (replaec Audrey Azoulay); first Arab
Virginia’s Lieutenant Governor – Indian-Origin Ghazala Hashmi (First Muslim and South Asian American)
First-ever female Archbishop of Canterbury – Dame Sarah Mullally (replaec Justin Welby
India’s High Commissioner to Ghana – Manish Gupta
Q.3. Which organisation, operating under the Catalyst Platform, has recently launched the “FPO Shakti” blended stage-based financing facility aimed at enabling Farmer-Producer Organisations (FPOs) to access timely and appropriate capital for sustainable growth?
Exp. Vrutti partners with HSBC India to launch ‘FPO Shakti’ financing facility
Vrutti (Catalyst Platform) has launched the FPO Shakti financing facility to provide stage-based, blended capital support to Farmer-Producer Organisations (FPOs) for timely and suitable credit access.
The initiative is supported by HSBC India and managed by Friends of Women’s World Banking (FWWB) India, aiming to bridge the persistent credit gap faced by FPOs.
Although India has 44,000+ registered FPOs, less than one-third can access formal credit due to collateral-heavy lending norms, creating a “missing middle” that hinders rural value chains and limits smallholder farmers’ income growth.
Q.4. Which General Insurance company has partnered with Vastu Housing Finance to provide insurance solutions to Vastu’s housing loan customers across 17 States and 340 districts in India?
किसजनरलइंश्योरेंसकंपनीने Vastu Housing Finance केसाथभागीदारीकीहैताकिउसकेहाउसिंगलोनग्राहकोंको 17 राज्योंऔर 340 जिलोंमेंबीमासमाधानप्रदानकिएजासकें?
(a) HDFC ERGO General Insurance
(b) Bajaj Allianz General Insurance
(c) ICICI Lombard General Insurance
(d) SBI General Insurance
(e) Reliance General Insurance
Answer & Explanation
Ans.4.(c)
Exp. ICICI Lombard & Vastu Housing Finance Partner to Offer Protection Plans for Housing Loan Customers Across 17 States
ICICI Lombard General Insurance and Vastu Housing Finance have partnered to provide insurance solutions to Vastu’s housing loan customers across 17 States and 340 districts in India
The collaboration will offer two major products — Income Protect (covering 33 critical illnesses, accidental death, and permanent total disability) and Home Insurance (covering fire, natural disasters, theft, and accidental damage).
The partnership aims to support peri-urban and rural customers, especially first-generation homeowners and self-employed individuals, with distribution through Vastu’s branches and digital platforms.
Q.5. Which organisation has partnered with Gujarat Fluorochemicals’ subsidiary GFCL EV Products by investing around USD 50 million to help build India’s first integrated battery materials facility?
किसऑर्गनाइज़ेशननेगुजरातफ्लोरोकेमिकल्सकीसब्सिडियरी GFCL EV प्रोडक्ट्सकेसाथमिलकरभारतकीपहलीइंटीग्रेटेडबैटरीमटीरियल्सफैसिलिटीबनानेमेंमददकरनेकेलिएलगभग 50 मिलियनअमेरिकीडॉलरकानिवेशकियाहै?
(a) Asian Development Bank (ADB)
(b) New Development Bank (NDB)
(c) International Finance Corporation (IFC)
(d) World Economic Forum (WEF)
(e) UN Industrial Development Organization (UNIDO)
Answer & Explanation
Ans.5.(c)
Exp. Gujarat Fluorochemicals & IFC Partner to Build India’s First Integrated Battery Materials Facility
Gujarat Fluorochemicals (GFL) has partnered with the International Finance Corporation (IFC), which is investing $50 million in its subsidiary GFCL EV Products to establish India’s first integrated battery materials facility.
The investment aims to boost high-value manufacturing, generate employment, and strengthen India’s role in global supply chains, supporting national goals like energy security and transport electrification.
With a diversified portfolio and strong technological expertise, GFCL EV will accelerate clean-tech adoption, reduce emissions, and help position India as a global hub for advanced battery materials.
Q.6. Which payments bank has been granted ‘in-principle’ approval by the RBI to convert into a Small Finance Bank (SFB)?
Exp. RBI Grants ‘In-Principle’ Approval to Fino Payments Bank for Conversion into Small Finance Bank
RBI has granted ‘in-principle’ approval to Fino Payments Bank for its conversion into a Small Finance Bank (SFB), after assessing its application under the established regulatory guidelines.
Under RBI’s ‘on tap’ licensing framework, payments banks controlled by residents and having completed five years of operations are eligible to apply for conversion into an SFB.
The approval follows earlier regulatory decisions where AU SFB received approval to convert into a universal bank, while applications of Jana SFB were returned and Ujjivan SFB’s application remains pending.
The small finance bank is registered as a public limited company under the Companies Act, (2013). It is licensed under Section 22 of the Banking Regulation Act, 1949.
Q.7. In its December 2025 monetary policy announcement, the RBI revealed a major liquidity-boosting step. As part of this measure, how much worth of government securities did the RBI decide to purchase through Open Market Operations (OMO) to inject long-term durable liquidity into the banking system?
Exp. RBI Announces ₹1 Lakh Crore OMO and $5 Billion Forex Swap to Boost Durable Liquidity
RBI announced major liquidity infusion through ₹1,00,000 crore OMO purchases and a $5 billion 3-year USD/INR Buy-Sell swap to ensure sufficient durable liquidity in the system.
RBI also notified a ₹50,000 crore G-Sec purchase on December 11, 2025, with the remaining ₹50,000 crore to be conducted later in the month.
Governor Sanjay Malhotra clarified that the Dollar-Rupee swap is a liquidity measure, not meant to support the rupee, and stated that the RBI is comfortable with the current exchange rate despite volatility.
RBI highlighted strong external sector fundamentals, manageable CAD (~1%), robust services exports, strong remittances, and emphasized that India’s economy remains resilient and poised for high growth despite global challenges.
Q.8. Which edition of the International Sand Art Festival was inaugurated alongside the Konark Festival in Odisha?
Exp. Odisha CM Inaugurates 36th Konark Festival and 15th International Sand Art Festival
Odisha CM Mohan Charan Majhi inaugurated the 36th Konark Festival and 15th International Sand Art Festival, beginning five days of cultural celebrations featuring dance, music and creative sand art.
The festivals, organised by the Tourism Department, Odisha Sangeet Natak Akademi, and OTDC, aim to showcase India’s rich cultural heritage and artistic excellence.
The inaugural evening featured Odissi performances by Sonali Mohapatra and Nrutya Upasana Pitha, including presentations on Hanuman Chalisa, Saranga Pallavi, and Chari Yuga Devi depicting the power of Maa Durga.
About Odisha
Capital – Bhubaneswar
Chief Minister – Mohan Charan Majhi (replace Naveen Patnaik)
Deputy CM – KV Singhdeo and Pravati Parida
Governor – Hari Babu Kambhampati
Q.9. Where was the Indian Army’s annual Idea and Innovation Competition, Inno-Yoddha 2025, conducted?
Exp. Indian Army Hosts Inno-Yoddha 2025, Shortlists 32 Innovations to Boost Operational Readiness
The Indian Army organised its annual Idea and Innovation Competition & Seminar, Inno-Yoddha 2025, in New Delhi, with Lt. Gen. Pushpendra Pal Singh felicitating the selected innovators.
The Ministry of Defence reported a record 89 submissions, of which 32 innovative solutions were selected for further development to enhance operational readiness, logistics, and training.
Over the past five years, the Army’s innovation ecosystem has achieved significant progress, showcasing a strong culture of soldier-driven technological and strategic advancements.
Q.10. Which licence has Razorpay recently been granted by the Reserve Bank of India, enabling it to facilitate regulated inward and outward cross-border payments for exporters, SaaS firms, freelancers, D2C brands, and global companies operating in India?
Razorpay receives Payment Aggregator – Cross Border (PA–CB) licence from the RBI, allowing it to facilitate regulated inward and outward cross-border payments for businesses operating in India.
The licence enables Razorpay to support exporters, SaaS firms, freelancers, D2C brands, and global companies, offering payments in over 130 currencies with a 95% international transaction success rate.
Razorpay’s platform provides single integration for multiple payment methods (UPI, RuPay, EMIs, netbanking, and 100+ local options), supports India-based pricing and customer service, and positions it among the few Indian fintechs with full-spectrum payment capabilities.
Q.11. The 8th Economic Census in India is scheduled for 2027, to be conducted after the two-phase Population Census (April–September 2026 and February 2027). Which Union Ministry is responsible for organising and administering this massive statistical exercise?
(d) Ministry of Statistics & Programme Implementation
(e) Ministry of Corporate Affairs
Answer & Explanation
Ans.11.(d)
Exp. India to Conduct 8th Economic Census in 2027 Following Two-Phase Population Census
The 8th Economic Census in India is scheduled for 2027, to be conducted after the two-phase Population Census (April–September 2026 and February 2027), as stated by Statistics Secretary Saurabh Garg.
Data from the Economic Census will be used to create the Statistical Business Register (SBR), which will map enterprises across states and track their operational status (active or closed).
Conducted nationwide by the Ministry of Statistics & Programme Implementation (MOSPI) and the National Statistics Office in collaboration with state Directorates of Economics and Statistics, the Economic Census provides a complete count of all establishments, offering detailed operational and structural data crucial for policymaking.
The first Economic Census was held in 1977, and the upcoming 2027 Census will coincide with India’s 16th decennial Population Census since the first nationwide census in 1872.
Q.12. Which Assam-based public-sector refinery, known for spearheading major energy and petrochemical projects in the Northeast and recently commissioning a bamboo-based 2G bioethanol plant, was granted Navratna status by the Government of India?
Exp. Numaligarh Refinery Granted Navratna Status, Boosting Assam’s Energy and Green Growth Initiatives
Numaligarh Refinery Ltd (NRL) has been granted Navratna status, a major milestone for Assam’s oil and gas sector, with Chief Minister Himanta Biswa Sarma thanking PM Narendra Modi and Union Minister Hardeep Singh Puri for their support.
The upgrade highlights the Centre’s strong confidence in NRL’s strategic role as it leads major energy and petrochemical projects in the Northeast, including the large-scale NREP refinery expansion and the newly inaugurated bamboo-based 2G bioethanol plant.
With Navratna status, NRL gains greater financial autonomy and investment flexibility, expected to speed up industrial growth, strengthen Assam’s position as an energy hub, and boost employment and downstream economic activity in the region.
Q.13. The Government of India recently signed a comprehensive two-year Memorandum of Understanding (MoU) with which global payment technology company to promote India as a premium tourism destination and strengthen the digital tourism ecosystem through marketing campaigns, stakeholder engagement, and secure digital payment solutions?
Exp. India Signs Two-Year MoU with Mastercard to Boost Premium Tourism and Showcase Unique Cultural Experiences
The Government of India and Mastercard have signed a two-year MoU to enhance India’s image as a premium travel destination for both domestic and international tourists, using Mastercard’s global platforms like the Priceless™ program.
The collaboration aims to strengthen the tourism ecosystem by involving public and private stakeholders, promoting secure and responsible digital payments, and running joint marketing campaigns targeting diverse traveler groups.
Starting with Goa, the Priceless™ platform will showcase exclusive experiences from Varanasi and interior regions of Andhra Pradesh, with more destinations to be added to highlight India’s cultural, spiritual, natural, and culinary heritage.
Q.14. Which fruit from Darjeeling has recently been awarded the Geographical Indication (GI) tag?
Darjeeling Mandarin Orange has received the Geographical Indication (GI) tag, recognising its historic sweetness, superior quality, and deep cultural association with the hills of Darjeeling and Kalimpong.
The GI application was community-driven, initiated by former UBKV professor Tulsi Saran Ghimiray and later transferred to the Darjeeling Organic Farmers Producer Organisation, ensuring that the benefits directly reach local growers.
Historically producing around 15,000 metric tonnes, the fruit’s cultivation suffered due to pests and viruses in recent years; the new GI status is expected to boost revival, improve market value, and strengthen the livelihoods of local farmers.
Q.15. Which state government has recently launched the ‘Mukhyamantri Bharat Darshan Yojana’ aimed at sending secondary school students on educational tours across important historical and research sites across India?
Exp. Bihar Launches ‘Mukhyamantri Bharat Darshan Yojana’ to Take Secondary Students on Nationwide Educational Tours
The Bihar government will launch the ‘Mukhyamantri Bharat Darshan Yojana’ to take secondary school students on educational tours across India.
The scheme expands on the existing ‘Mukhyamantri Bihar Darshan Yojana’, which currently sends primary and middle school students on tours within Bihar.
Under the new initiative, students will visit major historical sites and research institutions, with possible destinations including the Taj Mahal, Red Fort, Qutub Minar, Charminar, and Agra Fort.
About Bihar
Capital – Patna
Chief Minister – Nitish Kumar (10th time)
Governor – Arif Mohammed Khan
Q.16. When is International Volunteer Day (IVD) observed every year?
इंटरनेशनलवॉलंटियरडे (IVD) हरसालकबमनायाजाताहै?
(a) 1 December
(b) 3 December
(c) 5 December
(d) 7 December
(e) 10 December
Answer & Explanation
Ans.16.(c)
Exp. 5 December – International Volunteer Day
International Volunteer Day (IVD) is observed every year on 5 December to recognize and celebrate the efforts of volunteers worldwide.
Theme 2025 – Every contribution matters
The day was established by the United Nations (UN) in 1985 to promote volunteerism and encourage people to contribute to community development.
It highlights the crucial role volunteers play in humanitarian aid, social development, disaster response, environmental protection, and peace-building.
Q.17. World Soil Day is observed every year on 5 December to raise awareness about the importance of healthy soil and sustainable soil management. What is the theme for World Soil Day 2025?
World Soil Day is observed every year on 5 December to raise awareness about the importance of healthy soil and sustainable soil management.
Theme 2025 – Healthy Soils for Healthy Cities
The day was established by the Food and Agriculture Organization (FAO) of the United Nations and officially recognized in 2014.
It highlights major issues like soil degradation, erosion, pollution, declining fertility, and promotes actions to protect soil as a vital natural resource.
