Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 04th & 05th 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) Who chaired the RBI working group that reviewed trading and settlement timings in financial markets?

(a) Shaktikanta Das

(b) Radha Shyam Ratho

(c) Michael Patra

(d) Urjit Patel

(e) T. Rabi Sankar

2) Recently, the Reserve Bank of India proposed removingthe Cap on 'Vostro' Accounts Investments to Boost Rupee-Linked Trade. In which year did the RBI allow the opening of Special Rupee Vostro Accounts (SRVAs) for international trade settlement?

(a) 2018

(b) 2019

(c) 2020

(d) 2021

(e) 2022

3) In May 2025,what was the monetary penalty imposed on ICICI Bank by the RBI for non-compliance with cybersecurity and KYC directions?

(a) ₹31.80 lakh

(b) ₹29.60 lakh

(c) ₹97.80 lakh

(d) ₹61.40 lakh

(e) ₹50.00 lakh

4) What is the projected GDP growth rate for India in FY 2026-27, as per S&P Global Ratings?

(a) 6.1%

(b) 6.3%

(c) 6.0%

(d) 6.7%

(e) 6.5%

5) What was the Goods and Services Tax (GST) collection in April 2025, marking an all-time high?

(a) ₹2.10 lakh crore

(b) ₹1.96 lakh crore

(c) ₹2.37 lakh crore

(d) ₹2.25 lakh crore

(e) ₹2.30 lakh crore

6) What was the year-on-year growth in services exports in March 2025 compared to March 2024?

(a) 18.6%

(b) 12.3%

(c) 15.6%

(d) 10.7%

(e) 16.2%

7) What is the name of the insurance scheme launched by IPPB for unorganised sector workers?

(a) Shramik Kalyan Yojana

(b) Labour Suraksha Plan

(c) Antyodaya Shramik Suraksha Yojana

(d) Gramin Suraksha Bima Yojana

(e) Samajik Suraksha Mission

8) Which organization has the Department of Posts partnered with to simplify mutual fund investor onboarding?

(a) LIC Mutual Fund

(b) HDFC Asset Management

(c) SBI Funds Management Limited

(d) UTI Mutual Fund

(e) ICICI Prudential Mutual Fund

9) Which private entity is involved in the development of the Vizhinjam Port under the PPP model?

(a) Reliance Ports

(b) Tata Infrastructure

(c) JSW Ports

(d) Adani Ports

(e) L&T Infrastructure

10) As per the May’25 report, India Achieves Major Milestone in ITER Fusion Project with Central Solenoid Completion. What is the Central Solenoid in the ITER reactor referred to as?

(a) The thermal chamber

(b) The energy stabilizer

(c) The electromagnetic “heart”

(d) The fusion turbine

(e) The plasma burner

11) As per the NITI Aayog and IFC Release Report on Enhancing MSME Competitiveness. What is the financing gap in the MSME sector according to the report?

(a) 5% of credit demand is met

(b) 19% of credit demand is met

(c) 30% of credit demand is met

(d) 50% of credit demand is met

(e) 75% of credit demand is met

12) Recently, Australia unveiledthe World's Largest Electric-Powered Ferry Ship, named Hull 096. What is the primary route for the Hull 096 ship?

(a) Between Buenos Aires and Rio de Janeiro

(b) Across the River Plate between Buenos Aires and Uruguay

(c) Between Buenos Aires and Santiago

(d) Between Montevideo and Punta del Este

(e) Across the Amazon River

13) Who has been recommended for the post of Chairman-cum-Managing Director (CMD) of Oriental Insurance Company Limited (OICL) by the Financial Services Institutions Bureau (FSIB)?

(a) Amit Misra

(b) R R Singh

(c) Sanjay Joshi

(d) Rajesh Kumar

(e) Anil Sharma

14) How many women have held the position of Deputy Governor at RBI before Dr. Poonam Gupta?

(a) Two

(b) Four

(c) Three

(d) Five

(e) Six

15) Who has been appointed as the new Director General and Chief Executive Officer of the Indian Institute of Corporate Affairs (IICA)?

(a) Shri Gyaneshwar Kumar Singh

(b) Shri Shyam Sundar Sharma

(c) Shri Rameshwar Yadav

(d) Shri Anil Kumar

(e) Shri Harish Kumar Singh

16) Who were awarded the Major Dhyan Chand Khel Ratna Award in 2025 for their performance in badminton?

(a) SatwiksairajRankireddy and Chirag Shetty

(b) Saina Nehwal and P.V. Sindhu

(c) Kidambi Srikanth and Lakshya Sen

(d) Manika Batra and Sharath Kamal

(e) Prannoy H.S. and Ashwini Ponnappa

17) Which coach was named the Best Men’s Coach at the AIFF Awards for the 2024-25 season?

(a) Khalid Jamil

(b) Igor Stimac

(c) Kibu Vicuña

(d) Sergio Lobera

(e) Antonio Lopez Habas

18) Which country has India signed a renewed Memorandum of Understanding (MoU) with to deepen collaboration in the energy sector?

(a) Denmark

(b) Sweden

(c) Germany

(d) Norway

(e) France

19) Where will the Quantum Valley Tech Park, a collaboration between IBM and TCS, be developed?

(a) Amaravati, Andhra Pradesh

(b) Bengaluru, Karnataka

(c) Hyderabad, Telangana

(d) Chennai, Tamil Nadu

(e) Pune, Maharashtra

20) Which Indian institution has been acknowledged as the top business school in the QS Executive MBA Rankings 2025?

(a) Indian Institute of Management (IIM) Ahmedabad

(b) Indian Institute of Management (IIM) Bangalore

(c) Indian Institute of Management (IIM) Calcutta

(d) Indian School of Business (ISB)

(e) Indian Institute of Management (IIM) Lucknow

21) Every year World Laughter Day is celebrated on the first Sunday of May. Who founded the worldwide Laughter Yoga movement?

(a) Dr. Ramesh Patel

(b) Dr. Madan Kataria

(c) Dr. Sunil Verma

(d) Dr. Shyam Sundar

(e) Dr. Arun Kumar

22) When is Coal Miners Day celebrated?

(a) May 1

(b) May 4

(c) May 10

(d) June 4

(e) April 4

23) What is the quantum processor that will be featured at the Quantum Valley Tech Park?

(a) 156-qubit Heron quantum processor

(b) 128-qubit Athena quantum processor

(c) 256-qubit Apollo quantum processor

(d) 512-qubit Titan quantum processor

(e) 1024-qubit Hercules quantum processor

24) In which country is Copenhagen the capital?

(a) Norway

(b) Sweden

(c) Denmark

(d) Finland

(e) Netherlands

25) Who is the MD & CEO of SBI Mutual Fund(currently)?

(a) Mr. Raghuram Rajan

(b) Mr. Nand Kishore

(c) Mr. Shyam Sundar

(d) Mr. Arvind Kumar

(e) Mr. Ravi Kumar

Answers :

1) Answer: B

Short Explanation:

A working group of the Reserve Bank of India (RBI), chaired by Radha Shyam Ratho, reviewed trading and settlement timings and recommended extending call money market trading hours.

Detailed Explanation:

A working group of the Reserve Bank of India (RBI), chaired by Radha Shyam Ratho, reviewed trading and settlement timings and recommended extending call money market trading hours.

Objective of Review: The working group reviewed the current market timings in light of financial developments and feedback from market participants to assess if current timings support market efficiency and recommend enhancements for operational effectiveness.

The call money market is a segment of the money market where banks and other financial institutions lend and borrow funds, primarily on an overnight basis, to meet their short-term liquidity needs.

Extended Call Money Market Hours: The group suggested extending the call money market trading hours until 7 pm to offer more flexibility for banks in managing their balance sheets

2) Answer:E

Short Explanation:

The Reserve Bank of India (RBI) has sought the government's approval to remove the cap on foreign banks using vostro accounts to buy short-term sovereign debt, aiming to boost rupee-denominated trade.

Special Rupee Vostro Accounts (SRVAs): In 2022, the RBI allowed overseas banks to open SRVAs to settle trade transactions in the rupee as part of efforts to enhance the currency's internationalisation.

Detailed Explanation:

The Reserve Bank of India (RBI) has sought the government's approval to remove the cap on foreign banks using vostro accounts to buy short-term sovereign debt, aiming to boost rupee-denominated trade.

Vostro Accounts: These accounts are held by domestic banks on behalf of foreign banks, allowing trading partners to hold rupee-denominated balances from trade transactions.

Special Rupee Vostro Accounts (SRVAs): In 2022, the RBI allowed overseas banks to open SRVAs to settle trade transactions in the rupee as part of efforts to enhance the currency's internationalisation.

Limit on SRVA Investments: The government imposed a limit of using 30% of account balances to buy securities with a residual maturity of less than one year, including treasury bills.

Issue with the 30% Limit: The 30% cap was intended to promote long-term capital flows and ensure financial stability, but it has become a roadblock for managing short-term liquidity, especially for SRVA holders.

3) Answer: C

Bank Name	Monetary Penalty Amount	Reason for Penalty	Regulatory Violations
Bank of Baroda (BoB)	₹61.40 lakh	Non-compliance with directions on Financial Services, Customer Service, and Interest Rate on Deposits.	1. Failure to ensure staff engaged in insurance corporate agency services were not given non-cash incentives by insurers. 2. Failure to credit interest at prescribed intervals in certain inoperative, dormant, or frozen savings accounts.
IDBI Bank	₹31.80 lakh	Non-compliance with the ‘Interest Subvention Scheme for Short Term Loans for Agriculture and Allied Activities under Kisan Credit Card (KCC)’	1. Charged interest in excess of the applicable rate of interest in certain Kisan Credit Card (KCC) accounts.
Bank of Maharashtra	₹31.80 lakh	Non-compliance with directions on Know Your Customer (KYC) norms.	1. Did not adhere to regulatory requirements for deposit accounts opened using Aadhaar OTP-based e-KYC in non-face-to-face mode.
ICICI Bank	₹97.80 lakh	Non-compliance with RBI directions on Cyber Security Framework, KYC, and Credit Card/Debit Card Issuance and Conduct.	1. Failed to report a cyber security incident to RBI within the stipulated timeline. 2. Failed to use robust software to send alerts for certain categories of accounts. 3. Failed to send credit card bills/statements to certain customers but levied late payment charges.
Axis Bank	₹29.60 lakh	Non-compliance with directions on Unauthorized Operation of Internal/Office Accounts.	1. Routed unauthorized or unrelated entries through internal/office accounts.

4) Answer: E

Short Explanation:

S&P Global Ratings has revised India’s GDP growth projection for FY 2025-26 from 6.5% to 6.3%, citing uncertainty over the US tariff policy and downside risks to the economy.

Despite the downward revision, S&P projected India's GDP growth to remain at 6.5% in FY 2026-27.

Detailed Explanation:

S&P Global Ratings has revised India’s GDP growth projection for FY 2025-26 from 6.5% to 6.3%, citing uncertainty over the US tariff policy and downside risks to the economy.

Despite the downward revision, S&P projected India's GDP growth to remain at 6.5% in FY 2026-27.

S&P noted that downside risks to the growth outlook remain firm, particularly if the global tariff shock negatively impacts the real economy, and the long-term global economic configuration is uncertain.

S&P emphasized that there are no winners in escalating protectionist policies, which can hurt global growth.

The US's trade policy, including tariffs, is expected to slow global growth.

5) Answer: C

Short Explanation:

Goods and Services Tax (GST) collection rose 12.6% Y-o-Y to an all-time high of about ₹2.37 lakh crore in April 2025.

Detailed Explanation:

Goods and Services Tax (GST) collection rose 12.6% Y-o-Y to an all-time high of about ₹2.37 lakh crore in April 2025.

Previous GST Collections:

April 2024: GST mop-up was ₹2.10 lakh crore, the second-highest collection since the GST regime began on July 1, 2017.

March 2025: GST collection was ₹1.96 lakh crore.

GST Registrations: More than five states (including Uttar Pradesh, Gujarat, Maharashtra, Karnataka, and Tamil Nadu) now have over 1 million GST registrations each, out of a total of 15 million registrations across the country.

E-way Bill Generation:Recorded a growth of 20.2% in March 2025.

The fourth quarter of FY25 saw the highest y-o-y growth of 19.4% in e-way bill generation, indicating heightened economic activity.

GST Council Composition:TheGST Council consists of 33 members.

As per Article 279A, the Union Finance Minister is the chairperson of the GST Council.

6) Answer: A

As per the latest data released by the Reserve Bank of India on services trade for March 2025, India’s total exports have touched an all-time high of US$824.9 billion in the financial year 2024–25.

This marks a growth of 6.01% over the previous year’s export figure of US$778.1 billion, setting a new milestone in the country’s trade trajectory.

For March 2025, services exports stood at US$35.6 billion, reflecting a year-on-year growth of 18.6% compared to US$30.0 billion in March 2024.

7) Answer: C

Short Explanation:

India Post Payments Bank (IPPB) emphasized its commitment to the welfare of Shramiks (labourers) on the occasion of Labour Day (May 01).

IPPB launched the Antyodaya Shramik Suraksha Yojana (ASSY) for unorganised sector workers, which is an affordable insurance scheme providing comprehensive coverage and protection.

Detailed Explanation:

India Post Payments Bank (IPPB) emphasized its commitment to the welfare of Shramiks (labourers) on the occasion of Labour Day (May 01).

IPPB launched the Antyodaya Shramik Suraksha Yojana (ASSY) for unorganised sector workers, which is an affordable insurance scheme providing comprehensive coverage and protection.

The Antyodaya Shramik Suraksha Yojana (ASSY) was launched by the Hon'ble Chief Minister of Gujarat on 8th July 2023 at Kheda, Gujarat.

6,97,531 policies have been issued to labourers or Shramiks under the scheme since its inception, with 355 claims settled, amounting to a total claim amount of ₹5,41,17,754.

8) Answer: C

Short Explanation:

Department of Posts (DoP) partners with SBI Funds Management Limited (SBIFM) to simplify the customer on-boarding process for mutual fund investors.

Detailed Explanation:

Department of Posts (DoP) partners with SBI Funds Management Limited (SBIFM) to simplify the customer on-boarding process for mutual fund investors.

The partnership is formalized through a Memorandum of Understanding (MoU) aimed at leveraging India Post’s extensive network for doorstep KYC verification services for SBI Mutual Fund investors.

The collaboration ensures that investors from any location can easily complete the KYC process through India Post’s vast infrastructure.

The partnership supports the Government of India’s Jan Nivesh initiative, which aims to increase financial inclusion and encourage greater participation in India’s capital markets.

9) Answer: D

Short Explanation:

Prime Minister Narendra Modi inaugurated the Vizhinjam International Deepwater Multipurpose Seaport in Thiruvananthapuram, Kerala, coinciding with Adi Shankaracharya’s birth anniversary.
Developed at a cost of ₹8,800 crore under a PPP model with Adani Ports, it is India’s first deepwater transshipment hub and will accommodate vessels over 20,000 TEUs.

Detailed Explanation:

Prime Minister Narendra Modi inaugurated the Vizhinjam International Deepwater Multipurpose Seaport in Thiruvananthapuram, Kerala, coinciding with Adi Shankaracharya’s birth anniversary.

Developed at a cost of ₹8,800 crore under a PPP model with Adani Ports, it is India’s first deepwater transshipment hub and will accommodate vessels over 20,000 TEUs.

Location & Capacity: Situated 10 nautical miles from major shipping lanes; designed to triple India’s transshipment capacity.

Strategic Objectives: Reduce India’s 75% dependency on foreign ports, boost the country’s share in global maritime trade, and drive coastal economic growth.

National Initiatives: Aligned with Sagarmala, PM-Gati Shakti, and the Maritime Amrit Kaal Vision 2047; integrated into the India–Middle East–Europe Economic Corridor (IMEEC).

Employment & Industry: Expected to generate thousands of jobs and spur growth in MSMEs, tourism, fisheries, and the shipping sector, complementing Kochi’s shipbuilding cluster.

10) Answer: C

Short Explanation:

India has emerged as a major contributor to a key breakthrough in the ITER project — the world's most ambitious nuclear fusion initiative — by supplying the massive cryostat and related technologies.

 The Central Solenoid acts as the reactor’s electromagnetic “heart,” shaping and controlling superhot hydrogen for fusion experiments.

Detailed Explanation:

India has emerged as a major contributor to a key breakthrough in the ITER project — the world's most ambitious nuclear fusion initiative — by supplying the massive cryostat and related technologies.

This project, aimed at mimicking the sun's energy production on Earth, has reached a landmark.

India supplied the 30 m cryostat chamber, cryolines, in-wall shielding, cooling and heating systems that create the Tokamak’s ultra-cold, superconducting environment.

The sixth module of the Central Solenoid—ITER’s core magnet system—has been completed, providing sufficient magnetic force to “lift an aircraft carrier” and confine plasma at 150 million °C.

The Central Solenoid acts as the reactor’s electromagnetic “heart,” shaping and controlling superhot hydrogen for fusion experiments.

11) Answer: B

Short Explanation:

NITI Aayog, in collaboration with the Institute for Competitiveness (IFC), has published “Enhancing Competitiveness of MSMEs in India,” a detailed assessment of the challenges facing Micro, Small, and Medium Enterprises (MSMEs).

Financing Gaps: Despite formal credit access rising for micro and small units (14%→20%) and medium enterprises (4%→9%) between 2020–24, only 19% of credit demand is met. Recommendation: Revamp the CGTMSE for scalable, inclusive finance.

Detailed Explanation:

NITI Aayog, in collaboration with the Institute for Competitiveness (IFC), has published “Enhancing Competitiveness of MSMEs in India,” a detailed assessment of the challenges facing Micro, Small, and Medium Enterprises (MSMEs).

The report offers a roadmap of systemic reforms aimed at strengthening MSMEs through improved financing, skill development, technology adoption, and market integration.

Financing Gaps: Despite formal credit access rising for micro and small units (14%→20%) and medium enterprises (4%→9%) between 2020–24, only 19% of credit demand is met. Recommendation: Revamp the CGTMSE for scalable, inclusive finance.

Skill Development Needs: A large share of the MSME workforce lacks formal vocational training, limiting productivity. Recommendation: Expand targeted training in R&D and innovation.

Technology Adoption: Unreliable power, poor connectivity, and high costs hinder digitalization and R&D investment. Recommendation: State-led support for digital tools and modern technologies.

12) Answer: B

Short Explanation:

Australian boatbuilder Incat launched the world’s largest electric-powered ship on May 2, 2025, a 130-metre (426-feet) aluminium catamaran named Hull 096.

The ship is designed to carry 2,100 passengers and up to 225 vehicles across the River Plate between Buenos Aires and Uruguay for South American ferry operator Buquebus.

Detailed Explanation:

Australian boatbuilder Incat launched the world’s largest electric-powered ship on May 2, 2025, a 130-metre (426-feet) aluminium catamaran named Hull 096.

The ship is designed to carry 2,100 passengers and up to 225 vehicles across the River Plate between Buenos Aires and Uruguay for South American ferry operator Buquebus.

Hull 096 is powered by over 250 tonnes of batteries and features an Energy Storage System (ESS) built by Wartsila, providing more than 40 megawatt hours of installed capacity, connected to eight electric-driven waterjets.

The boat was originally planned to run on liquefied natural gas (LNG) but was reconfigured to battery power.

13) Answer: C

Short Explanation:

The Financial Services Institutions Bureau (FSIB) has recommended Sanjay Joshi for the post of Chairman-cum-Managing Director (CMD) of Oriental Insurance Company Limited (OICL).

Detailed Explanation:

The Financial Services Institutions Bureau (FSIB) has recommended Sanjay Joshi for the post of Chairman-cum-Managing Director (CMD) of Oriental Insurance Company Limited (OICL).

The CMD post became vacant after R R Singh retired at the end of February 2025.

Amit Misra, who is the Executive Director, was appointed as acting CMD of OICL for three months starting from 1 March 2025.

Sanjay Joshi is currently serving as a General Manager at United India Insurance Company.

14) Answer: C

Short Explanation:

Dr. Poonam Gupta took over as the Deputy Governor of the Reserve Bank of India (RBI) on April 2, 2025.

Dr. Gupta is the fourth woman to be appointed as Deputy Governor of RBI, following KJ Udeshi, Shyamala Gopinath, and Usha Thorat.

Detailed Explanation:

Dr. Poonam Gupta took over as the Deputy Governor of the Reserve Bank of India (RBI) on April 2, 2025.

Her tenure will be for a period of three years or until further orders, whichever is earlier.

As Deputy Governor, Dr. Gupta will oversee the following departments:

Monetary Policy Department

Financial Markets Operations Department

Department of Economic and Policy Research

Financial Stability Department

International Department

Department of Statistics and Information Management

Corporate Strategy and Budget Department

Department of Communication

Dr. Gupta is the fourth woman to be appointed as Deputy Governor of RBI, following KJ Udeshi, Shyamala Gopinath, and Usha Thorat.

15) Answer: A

Short Explanation:

Shri Gyaneshwar Kumar Singh has been appointed as the new Director General and Chief Executive Officer of the Indian Institute of Corporate Affairs (IICA), a think tank under the Ministry of Corporate Affairs, Government of India.

Detailed Explanation:

Shri Gyaneshwar Kumar Singh has been appointed as the new Director General and Chief Executive Officer of the Indian Institute of Corporate Affairs (IICA), a think tank under the Ministry of Corporate Affairs, Government of India.

He is a distinguished officer of the Indian Post & Telecommunication Accounts and Finance Service (IP&TAFS).

Previous roles of Shri Singh include:

Joint Secretary in the Ministry of Corporate Affairs.

CEO of the Investor Education and Protection Fund Authority (IEPFA).

16) Answer: A

Short Explanation:

SatwiksairajRankireddy and Chirag Shetty, who secured the No. 1 rank in the Badminton World Federation (BWF) rankings in 2023 and clinched the Asian Games gold in Hangzhou, were awarded the Major Dhyan Chand Khel Ratna Award by Dr. Mansukh Mandaviya, Union Minister of Youth Affairs & Sports, in New Delhi.

Detailed Explanation:

SatwiksairajRankireddy and Chirag Shetty, who secured the No. 1 rank in the Badminton World Federation (BWF) rankings in 2023 and clinched the Asian Games gold in Hangzhou, were awarded the Major Dhyan Chand Khel Ratna Award by Dr. Mansukh Mandaviya, Union Minister of Youth Affairs & Sports, in New Delhi.

They were initially shortlisted for the award in 2023 but couldn’t receive it due to tournament commitments.

Indian Government Support: The pair highlighted the support from various government initiatives, such as Khelo India and TOPS, which aided their progress.

Recent Performance: The pair made it to the podium at the Malaysia Open and India Open in January 2024. Their next tournaments are the Singapore Open (May 27 - June 1) and the Indonesia Open (June 3-8).

17) Answer: A

Short Explanation:

Best Coaches: Khalid Jamil was named the Best Men’s Coach, and Sujata Kar received the Best Women’s Coach award.

Detailed Explanation:

Subhasish Bose was named the Men’s Player of the Year, while Soumya Guguloth took home the Women’s Player of the Year award for the 2024-25 season at the All India Football Federation (AIFF) Awards held in Bhubaneswar.

Best Coaches: Khalid Jamil was named the Best Men’s Coach, and Sujata Kar received the Best Women’s Coach award.

Best Goalkeepers: Vishal Kaith and ElangbamPanthoi Chanu were honored as the Best Goalkeepers in the men’s and women’s categories, respectively.

18) Answer: A

Short Explanation:

India and Denmark have signed a renewed Memorandum of Understanding (MoU), deepening their collaboration in the energy sector.

Detailed Explanation:

India and Denmark have signed a renewed Memorandum of Understanding (MoU), deepening their collaboration in the energy sector.

The agreement, signed by Shri Pankaj Agarwal, Secretary of the Ministry of Power, and H.E. Mr. Rasmus Abildgaard Kristensen, Ambassador of Denmark to India, focuses on accelerating clean energy transitions and supports India’s goal of achieving net-zero emissions by 2070.

This partnership aligns with India’s growing commitment to sustainable energy development, facilitating knowledge exchange and technological cooperation.

19) Answer: A

Short Explanation:

IBM and Tata Consultancy Services (TCS) have entered into a groundbreaking collaboration to advance India’s quantum computing industry.

This initiative is part of the development of the Quantum Valley Tech Park in Amaravati, Andhra Pradesh.

Detailed Explanation:

IBM and Tata Consultancy Services (TCS) have entered into a groundbreaking collaboration to advance India’s quantum computing industry.

This initiative is part of the development of the Quantum Valley Tech Park in Amaravati, Andhra Pradesh.

The tech park will feature an IBM Quantum System Two, equipped with a 156-qubit Heron quantum processor, envisioned to be the largest quantum computer in India.

The partnership aims to foster quantum research, innovation, and applications that will address complex challenges in India and globally.

20) Answer: B

Short Explanation:

Indian Institute of Management (IIM) Bangalore has been acknowledged as the top business school among Indian institutions in the QS Executive MBA Rankings 2025.

Detailed Explanation:

Indian Institute of Management (IIM) Bangalore has been acknowledged as the top business school among Indian institutions in the QS Executive MBA Rankings 2025.

However, the institute's global ranking has dropped to 50 from 41 last year.

The rankings evaluate 233 top executive MBA programs globally, with seven Indian institutions making the list, including both IIMs and private institutions like the Indian School of Business (ISB).

Career Outcomes: IIM Bangalore scored 87.1 on the "career outcomes" metric, ranking in the top 25 globally.

Global Representation: India is represented by seven schools in this year’s rankings, an increase from three institutions in 2022 and 2023.

Decline in Rankings: Four of the seven Indian institutions have seen a decline in their rankings compared to the previous year, including ISB, IMT Ghaziabad, and Woxsen School of Business.

21) Answer: B

Every year World Laughter Day is celebrated on the first Sunday ofMay and this year World Laughter Day falls on the 5th of May.

World Laughter Day was established in 1998 and the first celebration was on 10 May 1998, in Mumbai, India, arranged by Dr. Madan Kataria, founder of the worldwide Laughter Yoga movement.

Every year on the first Sunday of May, World Laughter Day was observed to promote awareness about laughter and its health benefits.

22) Answer: B

Every year Coal Miners Day is celebrated on May 4.

This day is celebrated for the miners who are working in the field.

Coal is the basic form of energy. Coal is one of the major fossil fuels that contain rich Carbon

Coal Mining was begun in India in 1774.

The highly coal rich producing countries are Odisha, Jharkhand, Chattisgarh, West Bengal, and some central parts of the country.

23) Answer: A

IBM and Tata Consultancy Services (TCS) have entered into a groundbreaking collaboration to advance India’s quantum computing industry.

This initiative is part of the development of the Quantum Valley Tech Park in Amaravati, Andhra Pradesh.

The tech park will feature an IBM Quantum System Two, equipped with a 156-qubit Heron quantum processor, envisioned to be the largest quantum computer in India.

24) Answer: C

About Denmark

Capital: Copenhagen

Currency: Krone

Prime minister: Mette Frederiksen

25) Answer: B

About SBI Mutual Fund :

Founded : 29 June 1987

Headquarters : Mumbai, Maharashtra

MD &CEO : Mr. Nand Kishore

SBIFMPL is a joint venture between the State Bank of India, an Indian public sector bank, and Amundi, a European asset management company.