Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 03rd May 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.

 

Start Quiz

 

1) The Securities and Exchange Board of India Chief Rejects Aptitude Test for Retail F&O Traders, Cites Strong Existing Safeguards Against Fraud. What certification does SEBI require for certain market participants like advisors and registered participants?

(a) IRDA Certification

(b) CA Certification

(c) NISM Certification

(d) NSE Academy Badge

(e) SEBI Grade A License

2) What is the estimated GDP growth range for India in FY26 according to Deloitte?

(a) 5.9%–6.1%

(b) 6.3%–6.5%

(c) 6.7%–6.9%

(d) 7.0%–7.5%

(e) 6.0%–6.2%

3) Which of the following legislative frameworks did India promote at the BRS COPs 2025 in Geneva?

(i) Environment (Protection) Act

(ii) Wildlife Protection Act

(iii) E-Waste Management Rules, 2016

(iv) Forest Conservation Act

(a) (i) and (ii) only

(b) (ii) and (iv) only

(c) (i), (iii), and (iv)

(d) (i) and (iii) only

(e) All of the above

4) Recently, Amit Shah unveiled the Statue of Bodofa Upendranath Brahma in New Delhi. The unveiling of Bodofa Upendranath Brahma’s statue was held to commemorate which anniversary of his death?

(a) 25^th

(b) 30^th

(c) 35^th

(d) 40^th

(e) 50^th

5) Recently, Madhya Pradesh launched India’s First AI-based real-time Forest Alert System. What platform powers the technology backbone of the Forest Alert System?

(a) AWS Earth Grid

(b) Microsoft Azure Maps

(c) IBM Watson AI

(d) Google Earth Engine

(e) Oracle TerraMap

6) Who took charge as the Vice Chairman of the Delhi Development Authority (DDA) on May 1, 2024?

(a) Sanjeev Kaushal

(b) N Saravana Kumar

(c) Durga Shakti Nagpal

(d) Anil Baijal

(e) Ramesh Negi

7) Who is a frontrunner for the CEO position at IndusInd Bank as of 2025?

(a) Amitabh Chaudhry

(b) Uday Kotak

(c) Rajiv Anand

(d) Aditya Puri

(e) Shikha Sharma

8) Who assumed additional charge as Chairman and Managing Director (CMD) of BPCL in 2025?

(a) G. Krishnakumar

(b) Prabhat Singh

(c) Sanjay Khanna

(d) Sandeep Kumar Gupta

(e) Shrikant Madhav Vaidya

9) Who has been appointed as the Chairman and Public Interest Director (PID) of NSE International Exchange (NSE IX)?

(a) Tapan Kumar Deka

(b) Sanjay Malhotra

(c) Neeraj Kumar Gupta

(d) Rajnish Kumar

(e) Ajay Tyagi

10) Who has been nominated by India as a candidate for the Director of the Radiocommunication Bureau at the International Telecommunication Union (ITU)?

(a) N. Chandrasekaran

(b) M. Revathi

(c) Anupam Kher

(d) Rajeev Suri

(e) Sunil Bharti Mittal

11) Who took charge as the Air Officer Commanding-in-Chief (AOC-in-C) of the South Western Air Command (SWAC)?

(a) Air Marshal Narmdeshwar Tiwari

(b) Air Marshal Nagesh Kapoor

(c) Air Marshal Raghunath Rajan

(d) Air Marshal V. R. Chaudhary

(e) Air Marshal S. K. Mehra

12) Who assumed the role of General Officer Commanding-in-Chief (GOC-in-C) of the Indian Army's Northern Command?

(a) Lieutenant General N. S. Nair

(b) Lieutenant General Pratik Sharma

(c) General Bipin Rawat

(d) Lieutenant General R. K. S. Bhagat

(e) Lieutenant General V. K. Singh

13) Which committee approved the appointment of Shri Arvind Shrivastava as the Secretary of the Department of Revenue?

(a) Union Cabinet

(b) Public Service Commission

(c) Appointment Committee of the Cabinet

(d) Cabinet Committee on Economic Affairs

(e) Ministry of Finance Selection Panel

14) What is the primary objective of the MoU between GAIL India and CONCOR?

(a) To evaluate LNG as a substitute for diesel in CONCOR’s logistics operations

(b) To introduce electric vehicles in CONCOR’s fleet

(c) To assess the possibility of importing LNG from other countries

(d) To reduce the cost of container transport through roadways

(e) To explore the use of biofuels in CONCOR’s operations

15) According to the IMF’s World Economic Outlook (April 2025), which position does India hold among the largest economies in the world?

(a) 3^rd

(b) 6^th

(c) 5^th

(d) 4^th

(e) 2^nd

16) Which state is recognized for its high per capita GSDP, strong FDI inflows, and industrial investments in the CareEdge Ratings State Ranking 2025?

(a) Maharashtra

(b) Karnataka

(c) Andhra Pradesh

(d) Gujarat

(e) Rajasthan

17) As per the May’25 report, Tamil Nadu Leads in Textile Exports in 2024-25, strengthened by the Tiruppur Cluster. What percentage share of India’s total textile exports did Tamil Nadu contribute in 2024-25?

(a) 26.81%

(b) 20.78%

(c) 15.00%

(d) 18.34%

(e) 30.00%

18) Which new sport has been approved for inclusion in the 2026 Asian Games for the first time?

(a) Rugby

(b) Mixed Martial Arts (MMA)

(c) Baseball

(d) Squash

(e) Basketball

19) In 2025, which milestone is being celebrated for both Maharashtra and Gujarat?

(a) 50th Foundation Day

(b) 60th Foundation Day

(c) 75th Foundation Day

(d) 70th Foundation Day

(e) 65th Foundation Day

20) When is World Press Freedom Day observed every year?

(a) May 1

(b) May 3

(c) June 5

(d) April 10

(e) March 15

Answers :

1) Answer: C

Short Explanation:

Securities and Exchange Board of India (SEBI) Chief Tuhin Kanta Pandey ruled out the possibility of introducing an aptitude test for retail traders before they can trade in the Futures & Options (F&O) segment.

Certification Mechanisms for Specific Market Participants:Sebi has certification mechanisms for certain market participants, such as NISM certification for advisors and registered participants.

Detailed Explanation:

Securities and Exchange Board of India (SEBI) Chief Tuhin Kanta Pandey ruled out the possibility of introducing an aptitude test for retail traders before they can trade in the Futures & Options (F&O) segment.

The reasoning behind this decision is based on concerns about practicality and regulatory overreach.

Regulatory Measures for Speculation in Derivatives:InNovember 2023, Sebi introduced measures to curb excessive speculation in derivatives.

A Sebi study found that 9 out of 10 retail investors lose money while trading in F&O instruments.

Certification Mechanisms for Specific Market Participants:Sebi has certification mechanisms for certain market participants, such as NISM certification for advisors and registered participants.

Individual Responsibility and Autonomy:Sebi emphasizes that individuals should have the autonomy to manage their finances and should not be restricted by unnecessary tests or regulations.

There is a strong belief in individual choice, with people encouraged to make their own investment decisions, including trading in F&O products.

2) Answer: B

Short Explanation:

Deloitte has projected India's GDP growth at 6.5-6.7% for the current fiscal year (2025), driven by tax incentives and domestic demand growth, despite an uncertain global trade environment.

For FY26, Deloitte estimates India's GDP growth at 6.3-6.5%.

Detailed Explanation:

Deloitte has projected India's GDP growth at 6.5-6.7% for the current fiscal year (2025), driven by tax incentives and domestic demand growth, despite an uncertain global trade environment.

For FY26, Deloitte estimates India's GDP growth at 6.3-6.5%.

The outlook depends on a balance between trade relations and efforts to boost domestic consumer demand.

Two Opposing Forces Impacting Growth:

Positive Impact: The tax incentives introduced in the Union Budget 2025, expected to stimulate consumer spending and increase disposable income.

Negative Impact: The uncertainty in global trade, particularly with regard to potential changes in trade relations and tariffs.

Tax Incentive: The FY26 Budget includes a tax incentive of Rs 1 lakh crore, benefiting the middle class.

3) Answer: D

India reaffirmed its leadership in environmental governance at the BRS COPs 2025 in Geneva, held from 30th April to 1st May.

Led by Union Environment Minister Bhupender Yadav, India highlighted its regulatory framework and advocated for technology transfer, finance access, and global action on plastic pollution.

Conference Theme: “Make visible the invisible: Sound management of chemicals and wastes”

India’s Representation: Minister Bhupender Yadav led the Indian delegation, reinforcing commitment to multilateral agreements.

Legislative Framework Promoted:

Environment (Protection) Act

Hazardous and Other Wastes Rules

E-Waste Management Rules, 2016

Focus Areas:

Sound chemical and waste management

Capacity-building and financial access for developing nations

Technology transfer for environmental solutions

4) Answer: C

Short Explanation:

Union Home Minister Amit Shah unveiled a 9-feet statue of Bodofa Upendranath Brahma in New Delhi.

A road and rotary were also named after him to commemorate his 35th death anniversary.

Detailed Explanation:

Union Home Minister Amit Shah unveiled a 9-feet statue of Bodofa Upendranath Brahma in New Delhi.

A road and rotary were also named after him to commemorate his 35th death anniversary.

Brahma was a respected Bodo leader known for his peaceful struggle for tribal rights and identity.

To honour Bodofa’s peaceful leadership and contribution to the Bodo and tribal communities.

To recognize the importance of tribal identity and leadership in national development.

To promote integration by acknowledging regional leaders who made a national impact.

Upendranath Brahma (1956–1990) served as President of the All Bodo Students’ Union (ABSU).

He led a non-violent movement for a separate Bodoland and the rights of the Bodo people.

Revered as “Bodofa” or “Father of the Bodos”.

5) Answer: D

Short Explanation:

Madhya Pradesh becomes the first Indian state to launch an AI-based real-time forest monitoring system.

The system uses a combination of satellite data, AI algorithms, and mobile field reports to detect deforestation, land encroachment, and land use changes.

It is currently being piloted in five forest divisions: Shivpuri, Guna, Vidisha, Burhanpur, and Khandwa.

Detailed Explanation:

Madhya Pradesh becomes the first Indian state to launch an AI-based real-time forest monitoring system.

The system uses a combination of satellite data, AI algorithms, and mobile field reports to detect deforestation, land encroachment, and land use changes.

It is currently being piloted in five forest divisions: Shivpuri, Guna, Vidisha, Burhanpur, and Khandwa.

Real-Time Alerts: Generated from satellite imagery and sent directly to forest officers for verification and rapid action.

AI and Machine Learning: Improves accuracy of alerts using ongoing feedback from ground teams.

Detailed Alerts: Each notification includes GPS-tagged images, voice notes, and mobile app-based survey inputs.

Conservation Boost: Enables swift detection and prevention of illegal logging and encroachment, strengthening sustainable forest governance.

Technology Backbone: Powered by Google Earth Engine and customized AI models tailored to forest monitoring.

6) Answer: B

Short Explanation:

Senior IAS officer N Saravana Kumar took charge as the Vice Chairman of Delhi Development Authority (DDA) on May 1, 2024.

Detailed Explanation:

Senior IAS officer N Saravana Kumar took charge as the Vice Chairman of Delhi Development Authority (DDA) on May 1, 2024.

He is expected to play a significant role in key DDA projects, including:

Rejuvenation of the Yamuna floodplains

In-situ Slum Rehabilitation

Development of Narela Sub-city

Creation of Centres of Excellence in sports

Implementation of the PM-UDAY Scheme

Kumar is a 2000-batch IAS officer from the Bihar cadre.

Prior to joining DDA, Kumar served as the Principal Secretary in Bihar’s Department of Food and Consumer Protection.

7) Answer: C

Short Explanation:

Rajiv Anand, Deputy MD of Axis Bank and a frontrunner for the CEO role at IndusInd Bank.

Detailed Explanation:

Rajiv Anand, Deputy MD of Axis Bank and a frontrunner for the CEO role at IndusInd Bank.

He has a capital market background and is a Chartered Accountant.

He has managed retail, wholesale, and derivatives segments.

Anand is set to retire from Axis Bank on August 3, 2025, but will continue as Non-Executive Chairman of Axis Life Insurance.

Sumant Kathpalia resigned as Managing Director (MD) and CEO of IndusInd Bank on April 29, 2025.

Reason: He took moral responsibility for discrepancies in the bank's derivatives portfolio.

8) Answer: C

Short Explanation:

Sanjay Khanna assumed additional charge as the Chairman and Managing Director (CMD) of BPCL, following the end of G. Krishnakumar’s tenure on April 30, 2025.

He was serving as Director (Refineries) at BPCL before taking the additional charge.

Detailed Explanation:

Sanjay Khanna assumed additional charge as the Chairman and Managing Director (CMD) of BPCL, following the end of G. Krishnakumar’s tenure on April 30, 2025.

He was serving as Director (Refineries) at BPCL before taking the additional charge.

Khanna has previously headed BPCL’s Kochi and Mumbai refineries and played a key role in significant refinery projects.

Khanna anchored several prestigious projects for setting up new process units in refineries at Mumbai, Kochi, and Numaligarh.

As Executive Director of Kochi Refinery, he played a key role in commissioning BPCL’s first niche petrochemical project—the Propylene Derivative Petrochemical Project.

Khanna serves on the boards of Bharat PetroResources Ltd and Ratnagiri Refinery and Petrochemicals Ltd.

9) Answer: C

Short Explanation:

Neeraj Kumar Gupta, a former IAS officer, has been appointed as Chairman and Public Interest Director (PID) of NSE International Exchange (NSE IX).

Detailed Explanation:

Neeraj Kumar Gupta, a former IAS officer, has been appointed as Chairman and Public Interest Director (PID) of NSE International Exchange (NSE IX).

The International Financial Services Centres Authority (IFSCA) has approved his appointment to the Governing Board of NSE IX, effective from April 1, 2025.

Neeraj Kumar Gupta retired as Secretary, Ministry of Finance (Department of Investment & Public Asset Management) in 2018.

He was re-appointed by the President of India as Central Information Commissioner of India and completed his tenure in 2023.

10) Answer: B

Short Explanation:

India has nominated Ms. M. Revathi, Joint Wireless Advisor at the Department of Telecommunications (DoT), as its candidate for the Director of the Radiocommunication Bureau at the International Telecommunication Union (ITU).

Detailed Explanation:

India has nominated Ms. M. Revathi, Joint Wireless Advisor at the Department of Telecommunications (DoT), as its candidate for the Director of the Radiocommunication Bureau at the International Telecommunication Union (ITU).

This is India’s most significant bid in decades to influence global radio spectrum governance.

If elected, Ms. Revathi would become:Thefirst woman to lead the Radiocommunication Bureau.

The first representative from ITU Regions E (Asia/Australasia) and D (Africa) to hold this position.

India’s leadership in global telecom was also highlighted by its successful hosting of the World Telecommunication Standardization Assembly (WTSA) in October 2024 in New Delhi.

11) Answer: B

Air Marshal Nagesh Kapoor took charge as Air Officer Commanding-in-Chief (AOC-in-C) of the South Western Air Command (SWAC).

He succeeded Air Marshal Narmdeshwar Tiwari, who is set to take charge as the Vice Chief of the Air Staff on May 2.

The South Western Air Command (SWAC) is headquartered in Gandhinagar, Gujarat.

12) Answer: B

Short Explanation:

Lieutenant General Pratik Sharma assumed the role of General Officer Commanding-in-Chief (GOC-in-C) of the Indian Army's Northern Command.

Detailed Explanation:

Lieutenant General Pratik Sharma assumed the role of General Officer Commanding-in-Chief (GOC-in-C) of the Indian Army's Northern Command.

An alumnus of National Defence Academy (NDA), Khadakwasla, Indian Military Academy (IMA), Dehradun, and Defence Services Staff College, Wellington.

Commissioned into the MADRAS Regiment in December 1987.

Operational Experience:Commanded an Infantry Battalion, Brigade, and Division along the Line of Control (LoC).

Commanded a Strike Corps in the Western Sector.

Staff and Instructional Roles:Held varied staff and instructional roles, including being a staff officer in the UN Mission.

13) Answer: C

Short Explanation:

Shri Arvind Shrivastava took charge as the Secretary of the Department of Revenue, Ministry of Finance on 18th April 2025.

His appointment was approved by the Appointments Committee of the Cabinet.

Detailed Explanation:

Shri Arvind Shrivastava took charge as the Secretary of the Department of Revenue, Ministry of Finance on 18th April 2025.

His appointment was approved by the Appointments Committee of the Cabinet.

He is a 1994-batch IAS officer of the Karnataka cadre.

Prior to this role, he served as Joint Secretary and Additional Secretary in the Prime Minister’s Office (PMO).

Previous Roles:

Joint Secretary in the Budget Division of the Department of Economic Affairs, Ministry of Finance.

Development Officer at the Asian Development Bank.

Secretary in the Finance Department and Urban Development Department in Bengaluru.

14) Answer: A

Short Explanation:

• GAIL India and CONCOR signed an MoU to assess the feasibility of using Liquefied Natural Gas (LNG) for CONCOR’s rail-based container transport fleet.
• The partnership aims to leverage LNG’s cleaner combustion and potentially lower fuel costs to reduce emissions and operational expenses.

Detailed Explanation:

• GAIL India and CONCOR signed an MoU to assess the feasibility of using Liquefied Natural Gas (LNG) for CONCOR’s rail-based container transport fleet.
• The partnership aims to leverage LNG’s cleaner combustion and potentially lower fuel costs to reduce emissions and operational expenses.
• Purpose of the MoU: Evaluate LNG as a cost-effective, lower-emission substitute for diesel in CONCOR’s logistics operations.
• Environmental Benefit: LNG emits fewer particulates and lower CO₂ compared to diesel, supporting India’s sustainability goals.
• Cost Advantage: While initial investment in refueling infrastructure is required, LNG promises long-term savings on fuel expenditure.
• GAIL’s Strength: Holds the largest LNG portfolio in India, with global contracts positioning it as a reliable supplier.

15) Answer: D

Short Explanation:

• According to the IMF’s World Economic Outlook (April 2025), India has retained its position as the 4th largest economy in the world with a GDP of $4.39 trillion.
• Despite a slight downward revision, India is projected to grow at 6.2% in 2025, maintaining its status as the fastest-growing major economy globally.

Detailed Explanation:

• According to the IMF’s World Economic Outlook (April 2025), India has retained its position as the 4th largest economy in the world with a GDP of $4.39 trillion.
• Despite a slight downward revision, India is projected to grow at 6.2% in 2025, maintaining its status as the fastest-growing major economy globally.
• Global Economic Landscape:
• The United States remains the largest economy with a GDP of $30.34 trillion, followed by China ($19.53 trillion) and Germany ($4.92 trillion).
• India ranks 4th, ahead of Japan ($4.27 trillion).
• India’s Growth Outlook:Growth Projection (2025): 6.2% (slightly down from 6.5%).
• Growth is fueled by private consumption, particularly in rural areas.
• India is expected to become the third-largest economy by 2030.

16) Answer: D

Short Explanation:

• CareEdge Ratings State Ranking 2025 has ranked Maharashtra, Gujarat, and Karnataka as the top three states in India.
• Maharashtra: Ranked 1st overall due to strong performance in financial, economic, fiscal, and social parameters.
• Gujarat: Noted for its high per capita GSDP, strong FDI inflows, and industrial investments through gross fixed capital formation (GFCF).

Detailed Explanation:

• CareEdge Ratings State Ranking 2025 has ranked Maharashtra, Gujarat, and Karnataka as the top three states in India.
• Rankings are based on performance across seven key pillars: economic, fiscal, infrastructure, financial development, social, governance, and environment.
• The assessment uses 50 performance indicators to evaluate the comprehensive development and sustainability of each state.
• Maharashtra: Ranked 1st overall due to strong performance in financial, economic, fiscal, and social parameters.
• Gujarat: Noted for its high per capita GSDP, strong FDI inflows, and industrial investments through gross fixed capital formation (GFCF).
• Karnataka: Ranked 3rd; scored well on industrial growth, governance, and environmental sustainability.
• Goa: Topped the list among small states, performing well in fiscal health, financial development, and infrastructure.

17) Answer: A

Short Explanation:

• Tamil Nadu retained its position as the top exporter of textile goods in India during 2024-25, contributing $7.99 billion (26.81% share) to the country’s total textile exports of $36.61 billion.
• This marked a significant increase from the previous year’s share of 20.78%.
• The state's dominance has widened over Gujarat, the second-largest exporter, by more than 700 basis points. Maharashtra ranked third with $3.83 billion (12.84%).

Detailed Explanation:

• Tamil Nadu retained its position as the top exporter of textile goods in India during 2024-25, contributing $7.99 billion (26.81% share) to the country’s total textile exports of $36.61 billion.
• This marked a significant increase from the previous year’s share of 20.78%.
• The state's dominance has widened over Gujarat, the second-largest exporter, by more than 700 basis points. Maharashtra ranked third with $3.83 billion (12.84%).
• Tiruppur Cluster’s Contribution: The Tiruppur knitwear cluster played a crucial role, with exports worth $4.69 billion (₹40,000 crore), benefiting from the Generalised Scheme of Preferences (GSP) ending for Bangladesh in 2027, leading buyers to strengthen sourcing in India.

Export Breakdown:

Readymade garments contributed $15.99 billion.

Cotton yarn/fabrics/made-ups and handloom products followed with $12.06 billion.

18) Answer: B

Short Explanation:

• The Olympic Council of Asia approved the inclusion of Mixed Martial Arts (MMA) for the first time and confirmed cricket will return for its fourth appearance at the Asian Games, to be held in Aichi and Nagoya, Japan from September 19 to October 4, 2026.
  MMA will feature six medal events, joining other combat sports like kurash and jujitsu, while cricket will follow the T20 format for both men and women.

Detailed Explanation:

• The Olympic Council of Asia approved the inclusion of Mixed Martial Arts (MMA) for the first time and confirmed cricket will return for its fourth appearance at the Asian Games, to be held in Aichi and Nagoya, Japan from September 19 to October 4, 2026.
• MMA will feature six medal events, joining other combat sports like kurash and jujitsu, while cricket will follow the T20 format for both men and women.
• MMA’s Entry: Marks a milestone for combat sports in Asia, reflecting MMA’s booming popularity in countries such as India.
• Cricket’s Continuation: First introduced in 2010, dropped in 2018, and reinstated in 2023—now secured for 2026 in the T20 format.
• Event Scope: Asian Games 2026 spans 17 days across multiple venues in Aichi and Nagoya prefectures.

19) Answer: E

Short Explanation:

The 1st of May is celebrated every year as Maharashtra Day and Gujarat Day, and the year 2025 marks the 65th foundation day of both states.

This day is not only significant for the establishment of these two states but also symbolizes the achievement of the State Reorganization Movement.

Detailed Explanation:

The 1st of May is celebrated every year as Maharashtra Day and Gujarat Day, and the year 2025 marks the 65th foundation day of both states.

This day is not only significant for the establishment of these two states but also symbolizes the achievement of the State Reorganization Movement.

After independence, the Bombay Presidency was transformed into Bombay State, which was home to various linguistic communities, primarily Marathi and Gujarati speakers.

The Marathi-speaking people formed the Samyukta Maharashtra Samiti to push for the formation of a separate state for Marathi speakers.

The Gujarati-speaking community also sought the creation of a separate state for Gujarat.

20) Answer: B

World Press Freedom Day is observed every year on May 3.

The United Nations General Assembly(UNGA) has declared May 3 as World Press Freedom Day.

This day is observed to raise awareness about the freedom of the press and uphold the right to freedom of expression.

On the recommendation of the twenty-sixth session of UNESCO’s General Conference, World Press Freedom Day was proclaimed by the UN General Assembly in December 1993.