Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 01st February 2025. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2025 & other competitive exams can make use of these Current Affairs Quiz.

 

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1) As per IRDAI’s new directive, what is the maximum percentage by which insurers can increase health insurance premiums for senior citizens (aged 60 and above) without prior approval?

(a) 5%

(b) 8%

(c) 15%

(d) 12%

(e) 10%

2) Under the revised norms introduced by the Reserve Bank of India (RBI), which of the following sections of the Payment and Settlement Systems (PSS) Act, 2007, outlines provisions for offences and penalties?

(a) Section 20

(b) Section 22

(c) Section 24

(d) Section 26

(e) Section 28

3) What was the smallest invoice financed by 121 Finance on the previous version of GeM Sahay?

(a) INR 100

(b) INR 160

(c) INR 120

(d) INR 200

(e) INR 250

4) What is the name of the newly launched Paytm feature for Android users to enable instant payment collection?

(a) Paytm Payment Hub

(b) Quick Money Widget

(c) Receive Money QR Widget

(d) Paytm Cash Collect

(e) Instant Payment QR

5) Which article of the Indian Constitution allows the appointment of retired judges as ad hoc judges in High Courts?

(a) Article 217A

(b) Article 224A

(c) Article 242A

(d) Article 226A

(e) Article 233A

6) How many roads have been approved under the Connectivity Component of PM-JANMAN in Maharashtra?

(a) 27

(b) 25

(c) 20

(d) 30

(e) 35

7) Recently, the two-day National Conference, chaired by Dr. Mansukh Mandaviya, with Labour Ministers and Secretaries of States and UTs, was held in New Delhi. When are the committees expected to submit their findings on social security coverage?

(a) December 2024

(b) January 2025

(c) March 2025

(d) June 2025

(e) September 2025

8) Recently the book, “Indian Renaissance: The Modi Decade” was launched in New Delhi. Which of the following individuals was NOT mentioned as a part of the event?

(a) Shri Amit Shah

(b) Shri Manohar Lal

(c) Shri Kartikeya Sharma

(d) Dr. Aishwarya Pandit

(e) Shri Bhupender Yadav

9) What is the sponsorship amount for the Coal India Ranchi Marathon 2025?

(a) Rs. 50 Lakh

(b) Rs. 75 Lakh

(c) Rs. 2 Crore

(d) Rs. 1 Crore

(e) Rs. 5 Crore

10) Which country has developed the world's first deep-sea radar system capable of detecting and tracking high-altitude aircraft from a depth of 1,000 meters underwater?

(a) United States

(b) Russia

(c) China

(d) Japan

(e) France

11) Recently, the World Health Organization (WHO) has recognized Niger for eliminating onchocerciasis (river blindness), making it the fifth country worldwide and the first in Africa to achieve this achievement. Onchocerciasis is the second leading infectious cause of blindness worldwide, after which disease?

(a) Glaucoma

(b) Cataracts

(c) Retinitis

(d) Macular degeneration

(e) Trachoma

12) What weightage did Tripura propose for the infrastructure index and international border in the new revenue distribution criteria?

(a) 2% each

(b) 3% each

(c) 5% each

(d) 10% each

(e) 15% each

13) Which division of the Ministry of Statistics and Programme Implementation (MoSPI) signed the MoU with IIIT-Delhi?

(a) Data Analytics Division

(b) Data Informatics and Innovation Division

(c) National Statistical Division

(d) Statistical Research Division

(e) Economic Statistics Division

14) Who has been appointed as the new Chief Financial Officer (CFO) of Bajaj Finserv?

(a) S. Sreenivasan

(b) Ramandeep Singh Sahni

(c) R. K. Gupta

(d) Vinay Kumar

(e) Arvind Sharma

15) Who has been appointed as the new Chief Financial Officer (CFO) of Mahindra & Mahindra Financial Services?

(a) Animesh Chatterjee

(b) Vivek Karve

(c) Pradeep Kumar Agrawal

(d) Rajeev Gupta

(e) Sandeep Jain

16) Who has been appointed as the Director General of the Bureau of Civil Aviation Security (BCAS)?

(a) Rajesh Nirwan

(b) Vivek Kumar

(c) Sandeep Mehta

(d) Anil Yadav

(e) Ramesh Chandra

17) On January 30, 2025, who assumed the position of the Controller of Warship Production & Acquisition in the Indian Navy, succeeding Vice Admiral B. Sivakumar?

a) Vice Admiral Rajesh Dhankhar

b) Vice Admiral Rajaram Swaminathan

c) Vice Admiral Daljit Singh Chaudhary

d) Vice Admiral B. Sivakumar

e) Vice Admiral Dinesh Kumar Tripathi

18) Recently, American Greg Bell, the oldest living Olympic gold medalist in athletics, has passed away. In which year was Greg Bell inducted into the National Track & Field Hall of Fame?

(a) 1980

(b) 1985

(c) 1988

(d) 1990

(e) 1995

19) On which date is the Indian Coast Guard (ICG) Day celebrated every year?

(a) 26th January

(b) 30^th January

(c) 1st February

(d) 4th July

(e) 10th December

20) Where was the Trishna Wildlife Sanctuary located?

(a) Sikkim

(b) Tripura

(c) Uttrakhand

(d) Meghalaya

(e) UttarPradesh

Answers :

1) Answer: E

Short Explanation:

The Insurance Regulatory and Development Authority of India (IRDAI) has directed insurers not to increase health insurance premiums for senior citizens (aged 60 and above) by more than 10% without prior approval.

Insurers must seek regulator approval before discontinuing health policies for senior citizens.

Detailed Explanation:

The Insurance Regulatory and Development Authority of India (IRDAI) has directed insurers not to increase health insurance premiums for senior citizens (aged 60 and above) by more than 10% without prior approval.

Insurers must seek regulator approval before discontinuing health policies for senior citizens.

To control rising healthcare costs, insurers have been urged to standardise hospital empanelment and negotiate package rates similar to the government’s PM Jan Arogya Yojana (PMJAY).

Premium rates for health insurance are determined by factors such as estimated claims, administrative costs, and acquisition expenses.

A major driver of premium increases is the lack of standardised hospitalisation costs in private insurance, unlike PMJAY, which negotiates uniform package rates.

2) Answer: D

Short Explanation:

The Reserve Bank of India (RBI) has tightened norms for imposing monetary penalties and compounding offences under the Payment and Settlement Systems Act (PSS Act),2007.

The aim is to rationalise and consolidate enforcement actions against payment system operators and banks.

The PSS Act outlines provisions for offences and penalties under Section 26.

Detailed Explanation:

The Reserve Bank of India (RBI) has tightened norms for imposing monetary penalties and compounding offences under the Payment and Settlement Systems Act (PSS Act),2007.

The aim is to rationalise and consolidate enforcement actions against payment system operators and banks.

The PSS Act outlines provisions for offences and penalties under Section 26.

RBI can impose a penalty of up to ₹10 lakh or twice the amount involved in the contravention, whichever is higher.

For continuing contraventions, an additional penalty of ₹25,000 per day can be imposed after the first day.

RBI is also empowered to compound offences under Section 31 of the PSS Act, except for offences punishable with imprisonment only.

A committee of three Executive Directors (for Central Office cases) or a Regional Director and two senior officers (for Regional Office cases) will oversee penalty imposition and compounding.

3) Answer: B

Short Explanation:

121 Finance is an Reserve Bank of India-registered NBFC-Factor that partnered with GeM (Government-e-Marketplace), an initiative of the Ministry of Commerce and Industry, along with Perfios and Tata Consultancy Services (TCS), to launch the enhanced version of GeM Sahay.

The smallest invoice financed by 121 Finance on the previous version of GeM Sahay was INR 160, showcasing its ability to cater to diverse business needs and promote financial inclusion.

Detailed Explanation:

121 Finance is an Reserve Bank of India-registered NBFC-Factor that partnered with GeM (Government-e-Marketplace), an initiative of the Ministry of Commerce and Industry, along with Perfios and Tata Consultancy Services (TCS), to launch the enhanced version of GeM Sahay.

The smallest invoice financed by 121 Finance on the previous version of GeM Sahay was INR 160, showcasing its ability to cater to diverse business needs and promote financial inclusion.

GeM Sahay 2.0 was developed in record time with the support of iSpirt, GeM, and other partners.

121 Finance is India's largest independently owned NBFC-Factor, specializing in solving B2B trade credit challenges for MSMEs.

The company offers digital-first financial products, including Factoring Finance, Purchase Finance, and Channel Finance, to eliminate friction in trade credit and empower small businesses to access small-ticket trade finance.

4) Answer: C

Short Explanation:

One 97 Communications (OCL) owns Paytm, India's leading payments and financial services distribution company, has launched a new ‘Receive Money QR Widget’ for Android users, enabling instant payment collection directly from a smartphone’s home screen.

Paytm is a pioneer in QR codes, Soundbox, and mobile payments.

The widget is designed to benefit influencers, shopkeepers, freelancers, delivery partners, and small businesses by simplifying and speeding up payment collection.

The feature was first introduced for iOS users and received a positive response, prompting its extension to Android.

Detailed Explanation:

One 97 Communications (OCL) owns Paytm, India's leading payments and financial services distribution company, has launched a new ‘Receive Money QR Widget’ for Android users, enabling instant payment collection directly from a smartphone’s home screen.

Paytm is a pioneer in QR codes, Soundbox, and mobile payments.

The widget is designed to benefit influencers, shopkeepers, freelancers, delivery partners, and small businesses by simplifying and speeding up payment collection.

The feature was first introduced for iOS users and received a positive response, prompting its extension to Android.

Paytm introduced a distinct coin-drop sound for real-time payment notifications.

This sound provides an instantly recognizable alert, enhancing user experience and ensuring payment transparency.

Paytm's launch of these features reflects its commitment to continuous innovation based on user needs, offering greater convenience and confidence in mobile payments.

5) Answer: B

Short Explanation:

Article 224A of the Indian Constitution enables the appointment of retired judges as ad hoc judges in High Courts to address judicial vacancies and case backlogs.

The Chief Justice of a High Court can request a retired judge, with the President’s prior consent, to sit and act as a judge.

Detailed Explanation:

Article 224A of the Indian Constitution enables the appointment of retired judges as ad hoc judges in High Courts to address judicial vacancies and case backlogs.

The Chief Justice of a High Court can request a retired judge, with the President’s prior consent, to sit and act as a judge.

1. Appointment Process

The Chief Justice of a High Court can appoint retired judges from the same or another High Court.

Requires the President's prior consent.

Ad hoc judges enjoy the same jurisdiction, powers, and privileges as regular High Court judges.

They do not hold permanent status in the judiciary.

2. Supreme Court’s April 2021 Judgment

Trigger for Recourse: Appointment of ad hoc judges is not limited to cases where vacancies exceed 20%.

Number of Appointments: Typically 2 to 5 ad hoc judges per High Court, based on case pendency.

6) Answer: A

Short Explanation:

In a major step towards enhancing rural connectivity and economic growth, the Ministry of Rural Development (MoRD) has approved 27 roads spanning 50.13 km under the Connectivity Component of PM-JANMAN in Maharashtra.

This initiative involves an investment of ₹50.35 crore and aims to uplift Particularly Vulnerable Tribal Groups (PVTGs) in the state.

Detailed Explanation:

In a major step towards enhancing rural connectivity and economic growth, the Ministry of Rural Development (MoRD) has approved 27 roads spanning 50.13 km under the Connectivity Component of PM-JANMAN in Maharashtra.

This initiative involves an investment of ₹50.35 crore and aims to uplift Particularly Vulnerable Tribal Groups (PVTGs) in the state.

All-Weather Road Connectivity: Ensuring reliable infrastructure for 27 PVTG habitations in remote areas.

Socio-Economic Upliftment: Improving living standards and economic opportunities for PVTGs.

7) Answer: C

Short Explanation:

The two-day workshop, chaired by Dr. Mansukh Mandaviya, Union Minister for Labour & Employment, concluded with key discussions on social security and labour welfare for both organized and unorganized sector workers.

Three Committees were formed to work on a comprehensive social security coverage model. These Committees, consisting of five states each, will hold further consultations and submit their findings in March 2025.

Detailed Explanation:

The two-day workshop, chaired by Dr. Mansukh Mandaviya, Union Minister for Labour & Employment, concluded with key discussions on social security and labour welfare for both organized and unorganized sector workers.

This workshop included Labour Ministers, Labour Secretaries of States/UTs, and other senior officials..

Extensive discussions on providing social security for unorganized sector workers (such as gig workers, construction workers, and others).

The Ministry highlighted the need to create sustainable models for social security in these sectors.

Three Committees were formed to work on a comprehensive social security coverage model. These Committees, consisting of five states each, will hold further consultations and submit their findings in March 2025.

8) Answer: E

Short Explanation:

The book "Indian Renaissance: The Modi Decade" was released by Shri Amit Shah, Union Home Minister and Minister of Cooperation, in New Delhi.

Shri Manohar Lal, Union Minister for Housing and Urban Affairs, Shri Kartikeya Sharma, Rajya Sabha MP, and Dr. Aishwarya Pandit, the book's editor, were present at the event.

Detailed Explanation:

The book "Indian Renaissance: The Modi Decade" was released by Shri Amit Shah, Union Home Minister and Minister of Cooperation, in New Delhi.

Shri Manohar Lal, Union Minister for Housing and Urban Affairs, Shri Kartikeya Sharma, Rajya Sabha MP, and Dr. Aishwarya Pandit, the book's editor, were present at the event.

Shri Amit Shah described the past 10 years under Prime Minister Narendra Modi as the end of one era and the beginning of a new one, with India's history being rewritten.

He predicted that even Modi’s critics would acknowledge this period as one marked in golden letters in future history books.

Shah emphasized that India's transformation began in 2014, when India received a stable government after three decades.

9) Answer: D

Short Explanation:

Coal India Limited (CIL), under the Ministry of Coal (MoC), is sponsoring the Coal India Ranchi Marathon 2025, scheduled for 9th February 2025 in Ranchi, Jharkhand For the 3rd consecutive year.

The event is supported by a sponsorship of Rs. 1 Crore from the Coal India Sports Promotion Association (CISPA) fund, marking the third consecutive year of CIL's involvement.

Detailed Explanation:

Coal India Limited (CIL), under the Ministry of Coal (MoC), is sponsoring the Coal India Ranchi Marathon 2025, scheduled for 9th February 2025 in Ranchi, Jharkhand For the 3rd consecutive year.

The event is supported by a sponsorship of Rs. 1 Crore from the Coal India Sports Promotion Association (CISPA) fund, marking the third consecutive year of CIL's involvement.

Central Coalfields Limited (CCL), a subsidiary of CIL, is responsible for conducting the event.

Event Details:

Categories:

Full Marathon

Half Marathon

10 Km Run

5 Km Run

Eligibility:

Open to male and female runners from across the country.

10) Answer: C

Short Explanation:

China has developed the world’s 1^st deep-sea radar system capable of detecting and tracking high-altitude aircraft from a depth of 1,000 metres underwater.

The system uses an acoustic sensor array deployed on the seabed to capture faint sound waves emitted by aircraft.

Detailed Explanation:

China has developed the world’s 1^st deep-sea radar system capable of detecting and tracking high-altitude aircraft from a depth of 1,000 metres underwater.

The system uses an acoustic sensor array deployed on the seabed to capture faint sound waves emitted by aircraft.

These sound waves, after reflecting off the seabed and sea surface, are used to estimate the aircraft’s coordinates with high accuracy.

Sound waves from aircraft are typically reflected back into the sky by the sea surface, with only a small fraction penetrating the water.

These waves become distorted due to varying temperatures, densities, salinities, and ocean currents.

The research team, led by Zhang Bo and Peng Zhaohui, developed a method to exploit reflected sound waves to enhance detection sensitivity.

11) Answer: E

Short Explanation:

Niger has been acknowledged by the World Health Organization (WHO) for eliminating onchocerciasis (river blindness), making it the 5th country globally and the first in Africa to achieve this milestone.

Onchocerciasis is the second leading infectious cause of blindness worldwide, after trachoma.

Detailed Explanation:

Niger has been acknowledged by the World Health Organization (WHO) for eliminating onchocerciasis (river blindness), making it the 5th country globally and the first in Africa to achieve this milestone.

Onchocerciasis is the second leading infectious cause of blindness worldwide, after trachoma.

The disease is caused by the parasite Onchocerca volvulus, transmitted through the bites of infected black flies, primarily found in riverine areas.

It affects rural populations in sub-Saharan Africa and Yemen, with smaller endemic areas in Latin America.

From 1976 to 1989, Niger implemented vector control measures (insecticide spraying) under the WHO Onchocerciasis Control Programme in West Africa (OCP), significantly reducing transmission.

12) Answer: C

Short Explanation:

The Tripura government presented two key demands to the 16th Finance Commission (FC-XVI) regarding the horizontal distribution of resources among states.

The state suggested incorporating the infrastructure index with a 5% weightage and international border with a 5% weightage as additional criteria.

Detailed Explanation:

The Tripura government presented two key demands to the 16th Finance Commission (FC-XVI) regarding the horizontal distribution of resources among states.

The state demanded the introduction of an infrastructure index and international border as new criteria for revenue distribution, considering Tripura’s geographic location.

Tripura also sought an increase in its tax devolution share from the current 42% to 50%.

During the meeting, Chief Minister Manik Saha proposed modifications to the weights used by the 15th Finance Commission (FC-XV) for revenue distribution.

The state suggested incorporating the infrastructure index with a 5% weightage and international border with a 5% weightage as additional criteria.

13) Answer: B

Short Explanation:

The Data Informatics and Innovation Division of the Ministry of Statistics and Programme Implementation (MoSPI) signed a Memorandum of Understanding (MoU) with Indraprastha Institute of Information Technology (IIIT-Delhi) under the Data Innovation (DI) Lab Initiative.

Detailed Explanation:

The Data Informatics and Innovation Division of the Ministry of Statistics and Programme Implementation (MoSPI) signed a Memorandum of Understanding (MoU) with Indraprastha Institute of Information Technology (IIIT-Delhi) under the Data Innovation (DI) Lab Initiative.

Launched in July 2024, the DI Lab aims to modernize the National Statistical System by fostering innovation and research-driven solutions.

Focuses on emerging technologies such as Artificial Intelligence (AI), Machine Learning (ML), and Big Data Analytics to improve data collection, processing, and dissemination.

Over 100 academic institutions have been approached, and MoUs have been signed with IITs, IIMs, and other reputed institutions.

14) Answer: B

Short Explanation:

Bajaj Finserv has appointed Ramandeep Singh Sahni as its new Chief Financial Officer (CFO) and Whole-Time Key Managerial Personnel, effective from February 1, 2025.

He succeeds S. Sreenivasan, who will step down as CFO on January 31, 2025, but will continue in a strategic role as President (Insurance and Special Projects).

Detailed Explanation:

Bajaj Finserv has appointed Ramandeep Singh Sahni as its new Chief Financial Officer (CFO) and Whole-Time Key Managerial Personnel, effective from February 1, 2025.

He succeeds S. Sreenivasan, who will step down as CFO on January 31, 2025, but will continue in a strategic role as President (Insurance and Special Projects).

Sahni has been with the Bajaj Finserv Group for over 11 years, serving as CFO of Bajaj Allianz Life Insurance Co. Ltd. (BALIC) and later Bajaj Allianz General Insurance Co. Ltd. (BAGIC).

Prior to Bajaj Finserv, he spent 12 years at ICICI Prudential Life Insurance Co. Ltd., holding senior roles in Internal Audit and Finance.

15) Answer: C

Short Explanation:

Mahindra & Mahindra Financial Services has appointed Pradeep Kumar Agrawal as its Chief Financial Officer (CFO) and Key Managerial Personnel, effective from March 5, 2025.

Detailed Explanation:

Mahindra & Mahindra Financial Services has appointed Pradeep Kumar Agrawal as its Chief Financial Officer (CFO) and Key Managerial Personnel, effective from March 5, 2025.

This appointment fills a four-month vacancy following the resignation of former CFO Vivek Karve, who served until October 2024.

Agrawal brings over 28 years of experience in financial operations, having held leadership roles at Aditya Birla Group and Bharat Petroleum.

Interim CFO: Animesh Chatterjee, the current Head of Treasury, will serve as the Interim CFO from January 29, 2025, to March 4, 2025, ensuring a smooth transition.

16) Answer: A

Short Explanation:

The Appointments Committee of the Cabinet (ACC) approved the appointment of Rajesh Nirwan (IPS) as the Director General of the Bureau of Civil Aviation Security (BCAS).

Detailed Explanation:

The Appointments Committee of the Cabinet (ACC) approved the appointment of Rajesh Nirwan (IPS) as the Director General of the Bureau of Civil Aviation Security (BCAS).

The proposal was put forward by the Ministry of Civil Aviation.

Effective Date: Nirwan’s appointment will be effective from the date he assumes charge and will continue until further orders, as per the Department of Personnel & Training (DoPT) order issued on January 27, 2025.

17) Answer: B

Short Explanation:

Vice Admiral Rajaram Swaminathan, AVSM, NM assumed charge as the Controller of Warship Production & Acquisition on January 30, 2025, succeeding Vice Admiral B. Sivakumar, AVSM, VSM.

Detailed Explanation:

Vice Admiral Rajaram Swaminathan, AVSM, NM assumed charge as the Controller of Warship Production & Acquisition on January 30, 2025, succeeding Vice Admiral B. Sivakumar, AVSM, VSM.

Vice Admiral Swaminathan was commissioned into the Indian Navy in 1987.

He is a post-graduate from IIT, Kharagpur.

With over 37 years of service, he has extensive experience, including nine years onboard the aircraft carrier INS Viraat in various roles.

Key Assignments: Fleet Engineer Officer (Western Fleet), General Manager (Refit) at Naval Dockyard, Mumba, Director of Personnel and Principal Director Ship Production in New Delhi.

Played a crucial role in the acquisition of the aircraft carrier Vikramaditya, serving as Warship Production Superintendent in Russia and Principal Director Aircraft Carrier Projects in Delhi.

Recipient of the Ati Vishisht Seva Medal (AVSM) and Nao Sena Medal (NM) for his distinguished service.

18) Answer: C

Short Explanation:

Greg Bell, the 1956 Olympic long jump gold medalist, passed away on January 25 at his home at the age of 94.

At the time of his death, he was the oldest living U.S. track and field Olympic gold medalist.

Bell was inducted into the National Track & Field Hall of Fame in 1988.

Detailed Explanation:

Greg Bell, the 1956 Olympic long jump gold medalist, passed away on January 25 at his home at the age of 94.

At the time of his death, he was the oldest living U.S. track and field Olympic gold medalist.

Bell was born on November 7, 1930, in Terre Haute, Indiana, into extreme poverty.

In 1956, he won the NCAA title and tied for first at the Olympic Trials, though he was declared the winner due to the lack of international tiebreaking rules.

At the 1956 Melbourne Olympics, Bell won the gold medal with a jump of 7.83m (25-8.25), setting an Olympic record.

Bell also won silver at the 1959 Pan American Games and set his lifetime best of 26-7 against the Soviet Union.

He retired after finishing fourth at the 1960 Olympic Trials, missing a second Olympic trip by just over an inch.

Bell was inducted into the National Track & Field Hall of Fame in 1988.

He was also a charter member of the Indiana Track & Field Hall of Fame and the IU Athletics Hall of Fame.

19) Answer: C

Short Explanation:

The ICG Day or Indian Coast Guard Day is celebrated on 01st February every year.

The Indian Coast Guard was initially established on 1 February 1977 due to an emergency.

Detailed Explanation:

The ICG Day or Indian Coast Guard Day is celebrated on 01st February every year.

The Indian Coast Guard was initially established on 1 February 1977 due to an emergency.

The Nagchaudhuri Committee was formed with the participation of the Indian Navy and the Indian Air Force to analyze the problem.

On the 18th of August,1978 the Indian Coast Guard was established officially and was declared by the Parliament of India by the Coast Guard Act, 1978.

20) Answer: B

About Tripura:

Capital: Agartala

Chief Minister: Manik Saha

Governor: N. Indrasena Reddy

Wildlife Sanctuaries: Sepahijala Wildlife Sanctuary, Trishna Wildlife Sanctuary, Rishyamukh Wildlife Sanctuary, Jampui Hill Wildlife Sanctuary