Daily Current Affairs Quiz - 06th March 2025

Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 06th March 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) According to SBI Research, how much additional liquidity may the RBI need to inject into the banking system by March 2025?

(a) ₹50,000 crore

(b) ₹75,000 crore

(c) ₹1 lakh crore

(d) ₹1.5 lakh crore

(e) ₹2 lakh crore


2) What is the name of the new Paytm feature that allows brokerage firms to block funds in users’ bank accounts?

(a) UPI Secure Trading

(b) UPI Trading Blocks

(c) Paytm Stock Guard

(d) UPI Brokerage Lock

(e) Paytm Investment Lock


3) As per the Union Minister for New and Renewable Energy, reaffirmed India’s commitment to becoming a global leader in green hydrogen production and utilization. Who is the current Union Minister for New and Renewable Energy in India (as of March 2025)?

(a) Hardeep Singh Puri

(b) Pralhad Joshi

(c) Raj Kumar Singh

(d) Ashwini Vaishnaw

(e) Piyush Goyal


4) As per the report, India Launches Cities Coalition for Circularity (C-3) for Sustainable Urban Development. The C-3 initiative is based on which of the following principles of the circular economy?

(a) Reduce, Reuse, Recycle

(b) Replace, Rebuild, Restore

(c) Renew, Reinvest, Reform

(d) Reduce, Reform, Repurpose

(e) Recreate, Reorganize, Reapply


5) Where was the Vantara Animal Rescue, Conservation, and Rehabilitation Center inaugurated?

(a) Pune, Maharashtra

(b) Jamnagar, Gujarat

(c) Jaipur, Rajasthan

(d) Bhopal, Madhya Pradesh

(e) Hyderabad, Telangana


6) How many total river dolphins were recorded in India’s first-ever comprehensive dolphin survey (2021–2023)?

(a) 5,214

(b) 6,327

(c) 7,109

(d) 4,982

(e) 3,856


7) According to Union Minister Bhupender Yadav, how much market value is India’s circular economy expected to generate by 2050?

(a) $1 trillion

(b) $2 trillion

(c) $5 trillion

(d) $4trillion

(e) $3.5 trillion


8) Which ministry is launching the Model Women-Friendly Gram Panchayats (MWFGP) initiative?

(a) Ministry of Women and Child Development

(b) Ministry of Rural Development

(c) Ministry of Panchayati Raj

(d) Ministry of Social Justice and Empowerment

(e) Ministry of Home Affairs


9) What is the title of the NITI Aayog report that focuses on women's role in India’s financial growth?

(a) Women in Business: A New Era

(b) Financial Inclusion of Women in India

(c) From Borrowers to Builders: Women’s Role in India’s Financial Growth Story

(d) Women’s Economic Empowerment in India

(e) Credit Growth and Women Entrepreneurs in India


10) What is the maximum jail term prescribed under Nepal’s Electronic Commerce Bill?

(a) One year

(b) Two years

(c) Four years

(d) Three years

(e) Ten years


11) What was the primary reason for Kerala Legislative Assembly's resolution against the 2023 amendment to the Offshore Areas Mineral Development and Regulation Act, 2002?

(a) The amendment promotes sustainable marine exploration

(b) It permits private participation in deep-sea mineral exploration and mining

(c) It increases government control over marine resources

(d) It reduces investment in coastal infrastructure

(e) The amendment only benefits foreign companies


12) Recently, The AI-driven initiative for the Kanyashree program is planned to be launched on which occasion?

(a) National Girl Child Day

(b) Republic Day

(c) International Women’s Day

(d) Teachers’ Day

(e) Children's Day


13) Which tyre company has signed Shubman Gill as its brand ambassador?

(a) Apollo Tyres

(b) CEAT

(c) JK Tyre

(d) MRF

(e) Bridgestone


14) Which fintech startup, backed by PayPal, has acquired Digiledge in a deal valued at $3.5 million?

(a) Razorpay

(b) Pine Labs

(c) Mintoak

(d) PhonePe

(e) BharatPe


15) Which bank previously held the remaining stake in Jio Payments Bank Limited before the acquisition by JFSL?

(a) Punjab National Bank (PNB)

(b) ICICI Bank

(c) Axis Bank

(d) HDFC Bank

(e) State Bank of India (SBI)


16) Which Indian Navy ship recently arrived in Colombo, Sri Lanka, for a mission deployment?

(a) INS Vikrant

(b) INS Kuthar

(c) INS Trishul

(d) INS Talwar

(e) INS Sahyadri


17) Which Indian bank is involved in promoting financial incentives for eco-friendly housing solutions?

(a) Punjab National Bank (PNB)

(b) ICICI Bank

(c) Indian Overseas Bank (IOB)

(d) Axis Bank

(e) HDFC Bank


18) Which Australian cricketer recently announced his retirement from One-Day Internationals (ODIs)?

(a) David Warner

(b) Steve Smith

(c) Pat Cummins

(d) Glenn Maxwell

(e) Marnus Labuschagne


19) Which Indian chess player did Pa Iniyan defeat in the final round of the Cannes International Open?

(a) Aradhya Garg

(b) V Pranesh

(c) Nihal Sarin

(d) Kazybek Noderbek

(e) R Praggnanandhaa


20) When is International Disarmament and Non-Proliferation Awareness Day observed?

(a) March 1

(b) March 3

(c) March 5

(d) March 7

(e) March 10


Answers :

1) Answer: C

Short Explanation:

The Reserve Bank of India (RBI) may have to inject additional ₹1 lakh crore into the banking system by March 2025 to maintain liquidity at an equilibrium level, according to a report by the State Bank of India (SBI) research.

Detailed Explanation:

The Reserve Bank of India (RBI) may have to inject additional ₹1 lakh crore into the banking system by March 2025 to maintain liquidity at an equilibrium level, according to a report by the State Bank of India (SBI) research.

The report highlighted that systemic liquidity remains tight, with a deficit of approximately ₹1.6 lakh crore as of the end of February 2025.

The average liquidity deficit is higher, at around ₹1.95 lakh crore.

In November 2023, the system had a surplus liquidity of ₹1.35 lakh crore.

However, this quickly turned into a deficit of ₹65,000 crore in December, which further widened to ₹2.07 lakh crore in January 2024 and ₹1.59 lakh crore in February.

Several factors have contributed to this situation, including significant foreign portfolio investor (FPI) outflows and the maturing of forward transactions over the next few months.


2) Answer: B

Short Explanation:

Paytm, operated by One 97 Communications, has unveiled a new feature that allows brokerage applications to block funds directly in users’ bank accounts through its Unified Payments Interface (UPI) service.

In an exchange filing on 4 March 2025, the company announced the launch of UPI Trading Blocks, a feature designed to enhance the convenience and security of stock trading.

Detailed Explanation:

Paytm, operated by One 97 Communications, has unveiled a new feature that allows brokerage applications to block funds directly in users’ bank accounts through its Unified Payments Interface (UPI) service.

In an exchange filing on 4 March 2025, the company announced the launch of UPI Trading Blocks, a feature designed to enhance the convenience and security of stock trading.

With this new system, users can set up automatic payment deductions directly from their bank accounts, eliminating the need to transfer funds to brokerage platforms.

The funds remain in the users’ accounts, continuing to earn interest until an order is executed, at which point the required amount is automatically deducted without requiring a UPI PIN.

The feature operates on the infrastructure of the National Payments Corporation of India (NPCI) and allows traders to manage and track their funds through the Paytm app.


3) Answer: B

Short Explanation:

Union Minister for New and Renewable Energy, Shri Pralhad Joshi, reaffirmed India’s commitment to becoming a global leader in green hydrogen production and utilization.

Speaking at the launch of India’s first fleet of hydrogen-powered truck trials in New Delhi, he highlighted the transformative role of the National Green Hydrogen Mission (NGHM) in ensuring energy independence and carbon emission reduction.

Detailed Explanation:

Union Minister for New and Renewable Energy, Shri Pralhad Joshi, reaffirmed India’s commitment to becoming a global leader in green hydrogen production and utilization.

Speaking at the launch of India’s first fleet of hydrogen-powered truck trials in New Delhi, he highlighted the transformative role of the National Green Hydrogen Mission (NGHM) in ensuring energy independence and carbon emission reduction.

Under Prime Minister Shri Narendra Modi’s leadership, India has set ambitious targets to establish itself at the forefront of the green energy transition.

Launched with a ₹19,744 crore budget to promote hydrogen production, storage, and application.

India has already awarded 4,12,000 TPA of Green Hydrogen production capacity.

Approved 3 GW of electrolyser manufacturing capacity per annum.

Published 88 safety and scalability standards for hydrogen adoption.

Launched seven pilot projects across transportation, shipping, steel, and storage sectors.


4) Answer: A

Short Explanation:

India has launched the Cities Coalition for Circularity (C-3) on March 3, 2025, marking a major step towards sustainable urban development.

The initiative aligns with India’s Pro-Planet People (P-3) approach, focusing on the 3R principles (Reduce, Reuse, Recycle) and circular economy practices.

Detailed Explanation:

India has launched the Cities Coalition for Circularity (C-3) on March 3, 2025, marking a major step towards sustainable urban development.

This multi-national alliance aims to promote city-to-city collaboration, knowledge-sharing, and private sector partnerships to enhance waste management and resource efficiency.

The initiative aligns with India’s Pro-Planet People (P-3) approach, focusing on the 3R principles (Reduce, Reuse, Recycle) and circular economy practices.

Strengthen urban sustainability by fostering collaboration between cities, policymakers, industry leaders, and development partners.


5) Answer: B

Short Explanation:

Prime Minister Narendra Modi recently inaugurated Vantara, an advanced animal rescue, conservation, and rehabilitation center in Jamnagar, Gujarat.

Detailed Explanation:

Prime Minister Narendra Modi recently inaugurated Vantara, an advanced animal rescue, conservation, and rehabilitation center in Jamnagar, Gujarat.

The event was attended by Reliance Industries Chairman Mukesh Ambani, Nita Ambani, Anant Ambani, and Radhika Merchant.

During his visit, PM Modi explored state-of-the-art facilities, interacted with rehabilitated animals, and observed medical procedures at the center’s wildlife hospital.

His presence underscored India’s commitment to wildlife conservation and the protection of endangered species.


6) Answer: B

Short Explanation:

India’s first-evercomprehensive river dolphin population survey (2021–2023) has recorded a total of 6,327 river dolphins, covering the Ganga and Brahmaputra river basins and the Beas river.

Conducted by the Wildlife Institute of India (WII) in collaboration with state forest departments and non-profit organizations, the findings were announced by Prime Minister Narendra Modi during the 7th National Board for Wildlife meeting at Gir National Park.

Detailed Explanation:

India’s first-evercomprehensive river dolphin population survey (2021–2023) has recorded a total of 6,327 river dolphins, covering the Ganga and Brahmaputra river basins and the Beas river.

Conducted by the Wildlife Institute of India (WII) in collaboration with state forest departments and non-profit organizations, the findings were announced by Prime Minister Narendra Modi during the 7th National Board for Wildlife meeting at Gir National Park.

Total Dolphin Population:6,327 (6,324 Gangetic dolphins + 3 Indus river dolphins).

Conducted By:Wildlife Institute of India (WII), state forest departments (Punjab, UP, Bihar, Assam, Jharkhand, Rajasthan), and NGOs like WWF, Aaranyak, Turtle Survival Alliance, and Wildlife Trust of India.

Survey Period:2021-2023.

Total Distance Surveyed:

Ganga & Brahmaputra basins:8,406 km

Beas river:101 km

Project Dolphin:Launched on August 15, 2020, by PM Modi to strengthen conservation efforts.


7) Answer: B

Short Explanation:

India’s circular economy is projected to generate over $2 trillion in market value and create 10 million jobs by 2050, according to Union Minister Bhupender Yadav.

At the 12th Regional 3R and Circular Economy Forum in Asia and the Pacific, he highlighted India’s shift from the traditional "take, make, waste" model to a sustainable reuse and recycle-based system.

Detailed Explanation:

India’s circular economy is projected to generate over $2 trillion in market value and create 10 million jobs by 2050, according to Union Minister Bhupender Yadav.

At the 12th Regional 3R and Circular Economy Forum in Asia and the Pacific, he highlighted India’s shift from the traditional "take, make, waste" model to a sustainable reuse and recycle-based system.

India has also expressed interest in hosting the World Circular Economy Forum (WCEF) in 2026.


8) Answer: C

Short Explanation:

The Ministry of Panchayati Raj is set to launch the Model Women-Friendly Gram Panchayats (MWFGP) initiative at a National Convention on March 5, 2025, at Vigyan Bhawan, New Delhi.

Detailed Explanation:

The Ministry of Panchayati Raj is set to launch the Model Women-Friendly Gram Panchayats (MWFGP) initiative at a National Convention on March 5, 2025, at Vigyan Bhawan, New Delhi.

This initiative aims to promote gender-sensitive governance at the grassroots level, ensuring safety, inclusivity, and gender equality for women and girls in Gram Panchayats across India.

The event is part of the Ministry’s International Women’s Day 2025 celebrations and will be attended by Union Minister of State Prof. S. P. Singh Baghel (Ministry of Panchayati Raj & Fisheries, Animal Husbandry and Dairying) and Union Minister of State Smt. Anupriya Patel (Ministry of Health & Family Welfare).

Following the convention, Mahila Gram Sabhas will be organized nationwide to mark the grassroots-level launch of the initiative, coinciding with International Women’s Day 2025.


9) Answer: C

Short Explanation:

NITI Aayog has released a significant report titled “From Borrowers to Builders: Women’s Role in India’s Financial Growth Story”.

Detailed Explanation:

NITI Aayog has released a significant report titled “From Borrowers to Builders: Women’s Role in India’s Financial Growth Story”.

Launched by NITI Aayog CEO Shri B.V.R. Subrahmanyam, the report highlights a sharp increase in women's financial engagement, with 27 million women actively monitoring their credit as of December 2024—a 42% rise from the previous year.

The report, published by TransUnion CIBIL, Women Entrepreneurship Platform (WEP) of NITI Aayog, and MicroSave Consulting (MSC), underscores the growing role of women in India's credit ecosystem.


10) Answer: D

Short Explanation:

Nepal’s Parliament passed the Electronic Commerce Bill, giving confidence to consumers and creating a legal framework for regulating the country’s online trade.

The bill proposes fines ranging from three lakh Nepali rupees to five lakh Nepali rupees, jail terms of three years, or both, depending on the severity of the cases.

Detailed Explanation:

Nepal’s Parliament passed the Electronic Commerce Bill, giving confidence to consumers and creating a legal framework for regulating the country’s online trade.

The bill proposes fines ranging from three lakh Nepali rupees to five lakh Nepali rupees, jail terms of three years, or both, depending on the severity of the cases.

The government of Nepal moved to enact the bill decades after e-commerce began in the Himalayan Nation.

The draft bill was prepared in 2021 but stalled due to frequent government changes.

The bill was registered in the National Assembly upper house by the then-Industry Minister Ramesh Rijal in July 2023.


11) Answer: B

Short Explanation:

​On March 4, 2025, the Kerala Legislative Assembly unanimously passed a resolution urging the central government to withdraw the 2023 amendment to the Offshore Areas Mineral Development and Regulation Act, 2002, which permits private participation in deep-sea mineral exploration and mining.

The Assembly expressed concerns that such activities could devastate marine resources, harm biodiversity, and threaten the livelihoods of millions of fisherfolk in the state.

The resolution highlighted that the Ministry of Mines plans to auction 13 mining blocks, including three off the Kollam coast, known as Kollam Parappu.

Detailed Explanation:

​On March 4, 2025, the Kerala Legislative Assembly unanimously passed a resolution urging the central government to withdraw the 2023 amendment to the Offshore Areas Mineral Development and Regulation Act, 2002, which permits private participation in deep-sea mineral exploration and mining.

The Assembly expressed concerns that such activities could devastate marine resources, harm biodiversity, and threaten the livelihoods of millions of fisherfolk in the state.

The resolution highlighted that the Ministry of Mines plans to auction 13 mining blocks, including three off the Kollam coast, known as Kollam Parappu.

Experts have warned that deep-sea mining could endanger various marine species, such as corals, sea urchins, and crabs, and potentially disrupt the marine ecosystem, leading to increased carbon emissions. ​

Additionally, the Assembly expressed concern that allowing private companies to conduct deep-sea mining might result in strategically important minerals falling into private hands, posing a threat to national security.


12) Answer: C

Short Explanation:

The West Bengal government is planning to leverage AI in its flagship Kanyashree program aimed at reducing drop outs among girls in schools.

On the occasion of International Women's Day (March 8) , this initiative is being planned to counter problems emerging from applicants making mistakes in submitting long application forms online.

Detailed Explanation:

The West Bengal government is planning to leverage AI in its flagship Kanyashree program aimed at reducing drop outs among girls in schools.

On the occasion of International Women's Day (March 8) , this initiative is being planned to counter problems emerging from applicants making mistakes in submitting long application forms online.

Currently each applicant has to upload 30-35 information details on the portal including name, address, bank account among others.

Inadvertently mistakes crop up including wrong bank accounts and IFSC codes as well as even 2 girls ending up with the same account numbers.

These issues often lead to delay in disbursal of the amount under Kanyashree.

Under Kanyashree 1 part of the scheme, all girls studying between 13 to 18 years of age getRs 1000 as stipend yearly if she does not get married.


13) Answer: D

Short Explanation:

Tyre major MRF has signed cricketerShubman Gill, Team India's Vice Captain in the ICC Champions Cup, as its brand ambassador.

Shubman Gill, who was recently announced as the No 1 ranked ODI batter in the ICC Men’s Player rankings, joins a group of elite cricketers who have been associated with the MRF name.

Detailed Explanation:

Tyre major MRF has signed cricketerShubman Gill, Team India's Vice Captain in the ICC Champions Cup, as its brand ambassador.

Shubman Gill, who was recently announced as the No 1 ranked ODI batter in the ICC Men’s Player rankings, joins a group of elite cricketers who have been associated with the MRF name.

Shubman Gill’s association was announced by MRF as a partnership that will extend across all future cricket tournaments.

This association is in addition to the ongoing relationship with India’s star batsman Virat Kohli.


14) Answer: C

Short Explanation:

Mintoak, a PayPal-backed fintech startup, has acquired Digiledge in a deal valued at approximately $3.5 million, marking the first acquisition in India’s central bank digital currency (CBDC) space.

Detailed Explanation:

Mintoak, a PayPal-backed fintech startup, has acquired Digiledge in a deal valued at approximately $3.5 million, marking the first acquisition in India’s central bank digital currency (CBDC) space.

Mumbai-based Mintoak, which provides merchant payment solutions to banks, completed the acquisition to enhance its digital payment capabilities.

Digiledge, a firm specializing in CBDC and bill payments, will now integrate its services with Mintoak’s platform.

With this acquisition, Mintoak aims to offer advanced CBDC-related payment solutions to its partner banks, including HDFC Bank, Axis Bank, and SBI.

The move aligns with India’s ongoing efforts to expand the e-rupee ecosystem.


15) Answer: E

Detailed Explanation:

Jio Financial Services Limited(JFSL) has announced the acquisition of the remaining stake in Jio Payments Bank Limited (JPBL), making it a wholly owned subsidiary.

Currently, JFSL holds an 82.17% stake in JPBL, with the remaining shares owned by the State Bank of India (SBI).

As per the company’s disclosure to stock exchanges, the Board of Directors has approved the acquisition of 7,90,80,000 equity shares from SBI for a total consideration of ₹104.54 crore.

With this acquisition, JFSL will gain complete control over JPBL, strengthening its presence in the digital banking and fintech space.


16) Answer: B

Short Explanation:

Towards strengthening maritime ties, INS Kuthar, Eastern Fleet Ship under the aegis of Eastern Naval Command is on mission deployment in the Indian Ocean Region and arrived at Colombo, Sri Lanka.

Detailed Explanation:

Towards strengthening maritime ties, INS Kuthar, Eastern Fleet Ship under the aegis of Eastern Naval Command is on mission deployment in the Indian Ocean Region and arrived at Colombo, Sri Lanka.

Commander Nitin Sharma, the Commanding Officer of the ship called on RAdm MHCJ Silva, Commander Western Naval Area, Sri Lanka Navy.

As part of the visit, personnel from both navies will engage in professional interactions, knowledge-sharing sessions, and joint activities to enhance operational synergy between the two navies.

The visit underscores the longstanding partnership between the two nations, furthering cooperation under GoI’s Neighbourhood First’ and ‘Security and Growth for All in the Region (SAGAR)initiatives.


17) Answer: C

Short Explanation:

The Confederation of Indian Industry (CII) Indian Green Building Council (IGBC) and Indian Overseas Bank (IOB) have signed a Memorandum of Understanding (MoU) to provide accessible financing options for IGBC-certified green buildings.

Detailed Explanation:

The Confederation of Indian Industry (CII) Indian Green Building Council (IGBC) and Indian Overseas Bank (IOB) have signed a Memorandum of Understanding (MoU) to provide accessible financing options for IGBC-certified green buildings.

This partnership aims to promote energy-efficient construction, water conservation, and the use of renewable materials, thereby encouraging sustainable development in India’s real estate sector.

The CII IGBC-IOB collaboration seeks to mainstream sustainability in India’s construction sector by offering financial incentives to developers and homebuyers adopting eco-friendly housing solutions.


18) Answer: B

Short Explanation:

Australian cricketing legend Steve Smith has announced his retirement from One-Day Internationals (ODIs), ending an illustrious career in the 50-over format.

Detailed Explanation:

Australian cricketing legend Steve Smith has announced his retirement from One-Day Internationals (ODIs), ending an illustrious career in the 50-over format.

Known for his unorthodox yet effective batting technique, Smith played a pivotal role in Australia’s ODI success, evolving from a leg-spinning all-rounder to one of the most dependable middle-order batters.

With 170 matches, 5800 runs, and two World Cup victories, Smith leaves behind an enduring legacy in Australian cricket.


19) Answer: B

Short Explanation:

Indian Grandmaster Pa Iniyan clinched the Cannes International Open title, defeating compatriot V Pranesh in the ninth and final round in Cannes, France.

Detailed Explanation:

Indian Grandmaster Pa Iniyan clinched the Cannes International Open title, defeating compatriot V Pranesh in the ninth and final round in Cannes, France.

Iniyan’s Final Score:7.5 points, securing the title with a half-point lead.

Runner-up:Aradhya Garg (7 points) – Delhi-based International Master.

Third Place:Kazybek Noderbek (7 points) – World Junior Champion from Kazakhstan, placed third on tiebreak.


20) Answer: C

Short Explanation:

Every year on March 5, the world observes International Disarmament and Non-Proliferation Awareness Day to promote global awareness and understanding of disarmament issues, particularly among the youth.

Detailed Explanation:

Every year on March 5, the world observes International Disarmament and Non-Proliferation Awareness Day to promote global awareness and understanding of disarmament issues, particularly among the youth.

Established by the United Nations General Assembly (UNGA) in 2021 to promote education and advocacy on disarmament.

History of the Day

2021: Resolution proposal introduced at the UNGA to establish the observance.

December 7, 2022: UNGA officially declared March 5 as International Disarmament and Non-Proliferation Awareness Day.

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