Daily Current Affairs Quiz - 10th & 11th August 2025
Aug 12 2025
Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 10th & 11th August 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.
1) Which organization will invest up to $150 million as an anchor equity investor in the H-DREAM Fund, a $1 billion private credit fund for sustainable, affordable, and mid-income housing in urban India?
(a) Asian Development Bank (ADB)
(b) World Bank
(c) International Finance Corporation (IFC)
(d) National Housing Bank (NHB)
(e) International Monetary Fund (IMF)
2) Which life insurer has entered into a strategic corporate agency partnership with AU Small Finance Bank to enhance access to comprehensive insurance solutions nationwide, supporting the government’s ‘Insurance for All by 2047’ mission?
(a) HDFC Life Insurance
(b) Max Life Insurance
(c) ICICI Prudential Life Insurance
(d) SBI Life Insurance
(e) Bajaj Allianz Life Insurance
3) In August 2025, the Reserve Bank of India (RBI) imposed a ₹75 lakh penalty on which bank for non-compliance with guidelines on ‘Valuation of Properties - Empanelment of Valuers’ and ‘Opening of Current Accounts by Banks – Need for discipline’?
(a) HDFC Bank
(b) Axis Bank
(c) ICICI Bank
(d) Kotak Mahindra Bank
(e) Yes Bank
4) Which group has received a non-deposit taking NBFC license from the Reserve Bank of India (RBI) to launch their own Finance, a new lending unit?
(a) Edelweiss Group
(b) Equirus Group
(c) Motilal Oswal Financial Services
(d) JM Financial Group
(e) IIFL Finance
5) Recently, SBI General Insurance has partnered with which online wealth platform to expand its online distribution network and offer Motor Insurance products to tech-savvy customers?
(a) Upstox
(b) Zerodha
(c) Groww
(d) Angel One
(e) Paytm Money
6) Which Public Sector Bank recorded the highest percentage growth in net profit in Q1 FY26, posting a 76% jump to ₹1,111 crore?
(a) Bank of Maharashtra
(b) Indian Bank
(c) Punjab & Sind Bank
(d) Indian Overseas Bank
(e) Central Bank of India
7) Which financial services company has partnered with Bajaj Allianz Life Insurance to provide retail insurance products to over 15 lakh customers through 502 branches nationwide?
(a) Edelweiss Financial Services
(b) Motilal Oswal Financial Services
(c) Geojit Financial Services
(d) Angel One
(e) Anand Rathi Wealth
8) Which company, led by Madhu Lunawat, became the first fund house in India founded by a woman after receiving SEBI’s approval to launch its mutual fund business?
(a) Edelweiss Mutual Fund
(b) The Wealth Company
(c) Nippon India Mutual Fund
(d) ICICI Prudential Mutual Fund
(e) Axis Mutual Fund
9) Which of the following initiatives were correct, which were announced by RBI Governor Sanjay Malhotra after the August 2025 MPC meeting to enhance financial inclusion?
- Banks to organise camps at the panchayat level for doorstep re-KYC, new account openings, and grievance redressal as part of the 10th Anniversary of PMJDY.
- Simplification and standardisation of the deceased claims process for bank accounts and safe deposit lockers.
- Upgradation of the RBI Retail Direct platform to include Systematic Investment Plans (SIPs) in Treasury Bills and enhanced investment planning tools.
- The Reserve Bank of India (RBI) Governor Sanjay Malhotra announced five new consumer-centric initiatives after the August 2025 Monetary Policy Committee (MPC) meeting, aimed at enhancing financial inclusion, particularly for people at the bottom of the pyramid.
Choose the correct option:
(a) Only 1 and 2
(b) Only 2 and 3
(c) Only 1 and 3
(d) Only 1, 2, and 3
(e) All of the above
10) Which bank has launched RemitFIRST2India, a digital remittance platform for NRIs, in partnership with SingX to enable quick, secure, and zero-fee money transfers to India?
(a) HDFC Bank
(b) Axis Bank
(c) ICICI Bank
(d) IDFC FIRST Bank
(e) Federal Bank
11) Recently, Generali Group and Central Bank of India have rebranded their insurance joint venture as Generali Central. What is the shareholding structure of the rebranded Generali Central insurance joint venture?
(a) Generali Group 74%, Central Bank of India 26%
(b) Generali Group 70%, Central Bank of India 30%
(c) Generali Group 75%, Central Bank of India 25%
(d) Generali Group 80%, Central Bank of India 20%
(e) Generali Group 60%, Central Bank of India 40%
12) Which bank has introduced the ‘Lock FD’ feature to block premature closure of Fixed Deposits through digital channels as a measure against fraud?
(a) HDFC Bank
(b) ICICI Bank
(c) Axis Bank
(d) Kotak Mahindra Bank
(e) State Bank of India
13) What is the horizontal resolution of BharatFS, India’s indigenously developed global weather prediction model?
(a) 12 km
(b) 10 km
(c) 9 km
(d) 6 km
(e) 14 km
14) What is the annual financial assistance provided under MukhyaMantrirNijut Moina 2.0 to girl students at the Postgraduate level in Assam?
(a) ₹10,000
(b) ₹12,500
(c) ₹15,000
(d) ₹20,000
(e) ₹25,000
15) In which district of Chhattisgarh was the Nickel–Copper–Platinum Group Elements (Ni–Cu–PGE) sulphidemineralisation deposit discovered?
(a) Mahasamund
(b) Bastar
(c) Raigarh
(d) Durg
(e) Korba
16) As per the news, the Delhi Legislative Assembly has achieved a historic milestone by becoming the first legislature in India to operate entirely on solar power through the commissioning of a 500-kilowatt rooftop solar plant. How much does the Delhi Legislative Assembly expect to save annually in electricity costs due to the solar plant?
(a) ₹1.75 crore
(b) ₹1.50 crore
(c) ₹1.95 crore
(d) ₹2.00 crore
(e) ₹2.25 crore
17) Which state has become the first in India to formally empanel sign language interpreters, translators, and special educators under the Juvenile Justice Act, 2015 under the Protection of Children from Sexual Offences (POCSO) Act, 2012?
(a) Kerala
(b) Maharashtra
(c) Punjab
(d) Tamil Nadu
(e) Gujarat
18) What is the theme of the M.S. Swaminathan Centenary International Conference to be inaugurated by Prime Minister Narendra Modi at ICAR PUSA, New Delhi?
(a) Sustainable Agriculture: Pathway to Food Security
(b) Evergreen Revolution, The Pathway to Biohappiness
(c) Climate Resilience and Agricultural Innovation
(d) Food for All: Science and Sustainability
(e) Biodiversity Conservation for Future Generations
19) What was the Gross Merchandise Value (GMV) achieved by the Government e Marketplace (GeM) in FY 2024–25, as announced on its 9th Foundation Day?
(a) ₹4.2 lakh crore
(b) ₹4.8 lakh crore
(c) ₹5.0 lakh crore
(d) ₹5.4 lakh crore
(e) ₹5.8 lakh crore
20) Which Bollywood actor has been appointed as the brand ambassador for Zomato’s latest campaign ‘Fuel Your Hustle’?
(a) Amitabh Bachchan
(b) Salman Khan
(c) Akshay Kumar
(d) Shah Rukh Khan
(e) Ranveer Singh
21) Which two entities have signed a Statement of Intent (SoI) to foster vernacular innovation and promote language inclusivity in India’s innovation ecosystem?
(a) Atal Innovation Mission (AIM) & NITI Aayog
(b) NITI Aayog & Ministry of Electronics and Information Technology (MeitY)
(c) Atal Innovation Mission (AIM) & Digital India Bhashini Division (DIBD)
(d) Digital India Bhashini Division (DIBD) & Ministry of Skill Development
(e) NITI Aayog & Startup India
22) At which event did Annu Rani secure gold in the women’s javelin throw with a season-best throw of 62.59m?
(a) Asian Athletics Championships
(b) International Wiesław Maniak Memorial, Poland
(c) World Athletics Continental Tour, Japan
(d) Indian Open Athletics Championships
(e) Commonwealth Games Trials
23) What is the theme of World Biofuel Day 2025, observed on 10th August?
(a) Biofuels for a Greener Future
(b) Biofuels: Powering Sustainable Growth
(c) Biofuels: Energy for Tomorrow
(d) Advancing Renewable Energy for All
(e) Biofuels: a sustainable pathway to net zero
24) When is World Lion Day observed annually?
(a) 8th August
(b) 10th August
(c) 12th August
(d) 15th August
(e) 5th August
25) Which banking app provides the option to enable Axis Bank’s ‘Lock FD’ feature?
(a) Axis Now
(b) Axis Mobile App ‘Open’
(c) Axis Secure
(d) Axis FD Manager
(e) Axis NetConnect
Answers :
1) Answer: C
Short Explanation:
International Finance Corporation (IFC) to invest up to $150 million as anchor equity investor in the H-DREAM Fund — a $1 billion private credit fund for sustainable, affordable, and mid-income housing in urban India.
Detailed Explanation:
International Finance Corporation (IFC) to invest up to $150 million as anchor equity investor in the H-DREAM Fund — a $1 billion private credit fund for sustainable, affordable, and mid-income housing in urban India.
H-DREAM Fund is managed by HDFC Capital Advisors, the private equity arm of HDFC Group and a subsidiary of HDFC Bank.
The fund will finance projects using the EDGE (Excellence in Design for Greater Efficiencies)green building framework meeting global sustainability standards.
H-DREAM is among the first private credit funds globally to promote green, affordable, and mid-income housing.
Target: 25,000 green-certified housing units for affordable and mid-income segments in urban centres.
2) Answer: D
SBI Life Insurance, one of India’s largest and most trusted life insurers, entered a strategic corporate agency partnership with AU Small Finance Bank (AU SFB), the country’s largest Small Finance Bank.
Objective: Enhance access to comprehensive insurance solutions nationwide, supporting the government’s ‘Insurance for All by 2047’ mission.
Focus: Provide financial protection to underserved and emerging markets across India.
3) Answer: C
Short Explanation:
The Reserve Bank of India (RBI) imposed a ₹75 lakh penalty on ICICI Bank for non-compliance with regulatory directions on ‘Valuation of Properties - Empanelment of Valuers’ and ‘Opening of Current Accounts by Banks – Need for discipline’.
Detailed Explanation:
The Reserve Bank of India (RBI) imposed a ₹75 lakh penalty on ICICI Bank for non-compliance with regulatory directions on ‘Valuation of Properties - Empanelment of Valuers’ and ‘Opening of Current Accounts by Banks – Need for discipline’.
RBI conducted Statutory Inspection for Supervisory Evaluation (ISE 2024) of ICICI Bank based on its financial position as of March 31, 2024.
RBI found that the bank did not carry out property valuation by independent valuers for certain mortgage loans, violating guidelines.
The bank also opened/maintained current accounts in contravention of regulatory requirements.
Due to these violations, RBI imposed a monetary penalty on ICICI Bank.
4) Answer: B
Short Explanation:
The Reserve Bank of India (RBI) granted a non-deposit taking Non-Banking Financial Company (NBFC) license to Equirus Group, enabling the launch of Equirus Finance, a new lending unit.
Detailed Explanation:
The Reserve Bank of India (RBI) granted a non-deposit taking Non-Banking Financial Company (NBFC) license to Equirus Group, enabling the launch of Equirus Finance, a new lending unit.
Equirus Finance plans to build a diversified loan book exceeding ₹3,000 crore, focusing on bespoke lending products.
To obtain a non-deposit taking NBFC license from RBI, a company must have a minimum Net Owned Fund (NOF) of ₹10 crore as per current regulations.
Earlier, the NOF requirement was ₹2 crore, but it was increased to ₹10 crore to strengthen the NBFC sector.
5) Answer: A
SBI General Insurance announced a partnership with Upstox, an online wealth platform.
The partnership aims to expand SBI General's online distribution network and make non-life insurance products more accessible to tech-savvy customers.
SBI General will offer Motor Insurance products to Upstox’s customer base.
6) Answer: D
Public Sector Banks (PSBs) recorded a combined profit of ₹44,218 crore in Q1 FY26, an 11% YoY growth.
State Bank of India (SBI) contributed 43% of total PSB earnings, with a net profit of ₹19,160 crore (12% YoY rise).
Highest percentage growth in net profit:
Indian Overseas Bank – 76% jump to ₹1,111 crore.
Punjab & Sind Bank – 48% rise to ₹269 crore.
Only PSB with profit decline: Punjab National Bank (PNB) – 48% drop to ₹1,675 crore from ₹3,252 crore.
Other notable performers:
Central Bank of India – 32.8% growth to ₹1,169 crore.
Indian Bank – 23.7% growth to ₹2,973 crore.
Bank of Maharashtra – 23.2% growth to ₹1,593 crore.
7) Answer: C
Short Explanation:
Bajaj Allianz Life Insurance partnered with Geojit Financial Services to expand retail insurance products across India.
The tie-up gives over 15 lakh Geojit customers access to Bajaj Allianz Life’s insurance solutions.
Detailed Explanation:
Bajaj Allianz Life Insurance partnered with Geojit Financial Services to expand retail insurance products across India.
The tie-up gives over 15 lakh Geojit customers access to Bajaj Allianz Life’s insurance solutions.
Services will be available in 502 Geojit branches nationwide.
Customers can access term plans, ULIPs, retirement plans, and savings solutions through Geojit branches.
MD & CEO of Bajaj Allianz Life Insurance :Tarun Chugh
Chairman and Managing Director, Geojit Financial Services : CJ George
8) Answer: B
The Wealth Company, part of the Pantomath Group, received approval from the Securities and Exchange Board of India (SEBI) to launch its mutual fund business.
It is the first fund house in India founded by a woman.
The company is led by Madhu Lunawat, Co-founder and Executive Director of the Pantomath Group.
India currently has approximately 46 existing fund houses, with a few recently approved to start operations.
Among them, only Edelweiss Mutual Fund is headed by a woman, Radhika Gupta, who is the Managing Director and CEO.
Madhu Lunawat is the first Indian woman to independently set up and receive SEBI’s approval for a fund house.
9) Answer: D
The Reserve Bank of India (RBI) Governor Sanjay Malhotra announced three new consumer-centric initiatives after the August 2025 Monetary Policy Committee (MPC) meeting, aimed at enhancing financial inclusion, particularly for people at the bottom of the pyramid.
Commemoration of 10th Anniversary of Pradhan Mantri Jan Dhan Yojana (PMJDY):
Banks to organise camps at panchayat level from July 1 to September 30, 2025.
Services include doorstep re-KYC, new account openings, access to micro-insurance and pension schemes, and grievance redressal.
Simplification of Deceased Claims Process:
RBI to standardise and streamline claim settlements for deceased bank customers.
Includes uniform documentation requirements and simplified timelines across all banks.
Applies to access of bank accounts and safe deposit lockers.
Upgradation of RBI Retail Direct Platform:
Introduction of Systematic Investment Plans (SIPs) in Treasury Bills.
Enhanced investment planning tools to promote disciplined and regular investing in government securities.
Aims to make government securities more accessible to retail investors.
10) Answer: D
Short Explanation:
IDFC FIRST Bank has launched RemitFIRST2India, a next-generation digital remittance platform for NRIs to send money to India.
Detailed Explanation:
IDFC FIRST Bank has launched RemitFIRST2India, a next-generation digital remittance platform for NRIs to send money to India.
The platform enables quick, secure, and zero-fee transfers via the mobile app or a dedicated web portal.
It is launched in partnership with SingX, a MAS-licensed (Monetary Authority of Singapore) remittance provider from Singapore.
Initially supports cross-border money transfers from Singapore and Hong Kong, with future expansion plans.
11) Answer: A
Short Explanation:
Generali Group and Central Bank of India have rebranded their insurance joint venture as Generali Central.
Generali Group holds 74%
Central Bank of India holds 26%
Detailed Explanation:
Generali Group and Central Bank of India have rebranded their insurance joint venture as Generali Central.
The life insurance division is now named Generali Central Life Insurance Company Limited.
The general insurance division is now called Generali Central Insurance Company Limited.
The shareholding structure remains unchanged:
Generali Group holds 74%
Central Bank of India holds 26%
The rebranding includes a new visual identity, logo, typography, website, and social media presence.
12) Answer: C
Short Explanation:
Axis Bank has introduced a ‘Lock FD’ feature to protect customers from digital frauds involving Fixed Deposits (FDs).
Detailed Explanation:
Axis Bank has introduced a ‘Lock FD’ feature to protect customers from digital frauds involving Fixed Deposits (FDs).
This feature blocks premature closure of FDs through digital channels like Mobile Banking and Internet Banking.
Once enabled, premature FD closure can only be done in-branch after stringent identity verification, enhancing security.
The feature is available via Axis Bank’s mobile app ‘Open’ and at all branches.
It is especially beneficial for customers who are less familiar with digital platforms, making them more vulnerable to frauds.
13) Answer: D
Short Explanation:
BharatFS is an indigenously developed global weather prediction model using the Triangular Cubic Octahedral (TCo) dynamical grid with a 6 km horizontal resolution, outperforming its predecessor (12 km) and most global models (9–14 km).
Detailed Explanation:
BharatFS is an indigenously developed global weather prediction model using the Triangular Cubic Octahedral (TCo) dynamical grid with a 6 km horizontal resolution, outperforming its predecessor (12 km) and most global models (9–14 km).
Powered by supercomputers Arka (IITM-Pune) and Arunika (NCMRWF-Noida), it delivers real-time forecasts in 3–6 hours instead of ~12 hours, making India the only country operating such a high-resolution global model in real time.
Enhanced Forecast Accuracy: 30% improvement in extreme rainfall prediction, especially over the core monsoon region.
Local-Level Coverage: Generates forecasts for every 6 km, aiding panchayats/villages in agriculture, irrigation, harvesting, and flood management.
Indigenous Development: Built by IITM-Pune, NCMRWF-Noida, and IMD with MoES facilities, aligned with Atmanirbhar Bharat and Make in India.
14) Answer: E
Short Explanation:
Assam Chief Minister Dr. Himanta Biswa Sarma has launched MukhyaMantrirNijut Moina 2.0, a flagship scheme providing monthly financial assistance to over four lakh girls to encourage higher education enrolment.
Financial Assistance Structure:
HS First Year: ₹10,000 annually (₹1,000/month for 10 months)
Graduate Level: ₹12,500 annually (₹1,250/month for 10 months)
Postgraduate Level: ₹25,000 annually (₹2,500/month for 10 months)
Detailed Explanation:
Assam Chief Minister Dr. Himanta Biswa Sarma has launched MukhyaMantrirNijut Moina 2.0, a flagship scheme providing monthly financial assistance to over four lakh girls to encourage higher education enrolment.
The launch took place at Birinchi Kumar Barua Auditorium, Gauhati University, with simultaneous events across the state for application form distribution.
Objective: Empower girls, reduce dropout rates, and promote higher education from Higher Secondary (HS) to Postgraduate (PG) levels.
Inclusivity: Open to all girls irrespective of economic background, covering students in government and government-aided institutions.
Financial Assistance Structure:
HS First Year: ₹10,000 annually (₹1,000/month for 10 months)
Graduate Level: ₹12,500 annually (₹1,250/month for 10 months)
Postgraduate Level: ₹25,000 annually (₹2,500/month for 10 months)
Scale of Impact: Over 4 lakh girl students expected to benefit in the current year.
Statewide Launch: District-level events held to distribute forms and spread awareness, with participation from educational institutions, community leaders, and women’s groups.
15) Answer: A
Short Explanation:
Chhattisgarh has taken a major step in India’s critical mineral security with the discovery of a Nickel–Copper–Platinum Group Elements (Ni–Cu–PGE) sulphide mineralisation deposit in the Bhalukona–Jamnidih block of Mahasamund district.
Detailed Explanation:
Chhattisgarh has taken a major step in India’s critical mineral security with the discovery of a Nickel–Copper–Platinum Group Elements (Ni–Cu–PGE) sulphide mineralisation deposit in the Bhalukona–Jamnidih block of Mahasamund district.
This breakthrough, led by Deccan Gold Mining Limited (DGML), positions the state as a potential strategic mineral hub vital for industrial and clean energy needs.
Discovery Details: Located about 70 km from Raipur, the deposit spans a 3,000-hectare composite licence area, identified after earlier G4-level exploration by the Geological Survey of India (GSI).
Auction Process: The Chhattisgarh Directorate of Geology and Mining validated GSI data and auctioned the block in March 2023. DGML won the bid with a 21% premium.
16) Answer: A
Short Explanation:
The Delhi Legislative Assembly has achieved a historic milestone by becoming the first legislature in India to operate entirely on solar power through the commissioning of a 500-kilowatt rooftop solar plant.
Solar Power Plant Capacity: A 500-kilowatt rooftop solar plant has been installed, reducing electricity expenses by ₹15 lakh per month, leading to annual savings of around ₹1.75 crore.
Detailed Explanation:
The Delhi Legislative Assembly has achieved a historic milestone by becoming the first legislature in India to operate entirely on solar power through the commissioning of a 500-kilowatt rooftop solar plant.
Alongside this, it has implemented the National e-Vidhan Application (NeVA), enabling paperless legislative functioning under the “One Nation, One Application” initiative, marking a significant step in sustainable and digital governance.
First in the Nation: Delhi Assembly is now 100% powered by solar energy, making it the first legislature in India to achieve this green transition.
Solar Power Plant Capacity: A 500-kilowatt rooftop solar plant has been installed, reducing electricity expenses by ₹15 lakh per month, leading to annual savings of around ₹1.75 crore.
Savings Utilisation: The savings will be redirected towards developmental projects across Delhi, as announced by Assembly Speaker Vijender Gupta.
Heritage and Progress: The Assembly building, constructed in 1912 and once housing India’s first Parliament, maintains its legacy while embracing modernisation under the theme “Virasat aur Vikaas saathchalega” (Legacy and development will go together).
17) Answer: C
Short Explanation:
Punjab has become the first state in India to formally empanel sign language interpreters, translators, and special educators under the Juvenile Justice Act, 2015.
This initiative will also extend to cases under the Protection of Children from Sexual Offences (POCSO) Act, 2012.
Detailed Explanation:
Punjab has become the first state in India to formally empanel sign language interpreters, translators, and special educators under the Juvenile Justice Act, 2015.
This initiative will also extend to cases under the Protection of Children from Sexual Offences (POCSO) Act, 2012.
The move, announced by Baljit Kaur, Punjab’s Minister for Social Security, aims to bridge communication gaps, ensuring inclusive access to justice and protection of rights for children with speech or hearing impairments.
Historic First: Punjab is the first state in the country to take this step, making the judicial system more inclusive for children with communication disabilities.
Core Objective: To bridge communication gaps in sensitive legal proceedings and ensure equal participation of children with speech or hearing impairments in their own cases.
18) Answer: B
Short Explanation:
Prime Minister Shri Narendra Modi will inaugurate the M.S. Swaminathan Centenary International Conference at ICAR PUSA in New Delhi.
He will also address the gathering on the occasion.
The theme of the conference — “Evergreen Revolution, The Pathway to Biohappiness” — reflects Prof. Swaminathan’s lifelong dedication to ensuring food for all.
Detailed Explanation:
Prime Minister Shri Narendra Modi will inaugurate the M.S. Swaminathan Centenary International Conference at ICAR PUSA in New Delhi.
He will also address the gathering on the occasion.
The theme of the conference — “Evergreen Revolution, The Pathway to Biohappiness” — reflects Prof. Swaminathan’s lifelong dedication to ensuring food for all.
The conference will provide an opportunity to scientists, policymakers, development professionals, and other stakeholders to discuss and deliberate on furthering the principles of Evergreen Revolution.
Key themes include:
Sustainable management of biodiversity and natural resources
Sustainable agriculture for food and nutrition security
Strengthening climate resilience by adapting to climate change
Utilizing appropriate technologies for sustainable and equitable livelihoods
Engaging youth, women, and marginalized communities in developmental discourses
19) Answer: D
Short Explanation:
The Government e Marketplace (GeM), launched in 2016 as India’s premier digital platform for transparent public procurement, celebrated its 9th FoundationDay by achieving a record ₹5.4 lakh crore Gross Merchandise Value (GMV) in FY 2024–25.
Detailed Explanation:
The Government e Marketplace (GeM), launched in 2016 as India’s premier digital platform for transparent public procurement, celebrated its 9th FoundationDay by achieving a record ₹5.4 lakh crore Gross Merchandise Value (GMV) in FY 2024–25.
Inclusion Milestones: Onboarded 1.5 lakh women-led enterprises, along with startups, self-help groups (SHGs), artisans, and micro & small enterprises (MSEs), expanding opportunities for rural and urban sellers.
Theme 2025 – “Ease, Access and Inclusion”: Announced reforms including elimination of caution money for sellers, reduction in vendor assessment fees, and 97% orders exempt from transaction charges.
Events:
GeM Seller Samvad (6 August, New Delhi) – engagement with sellers from diverse sectors.
GeM Manthan – policy dialogue for inclusive, future-ready procurement.
Technology Upgrades: Integration of AI and next-generation tools to enhance transparency and efficiency.
20) Answer: D
Short Explanation:
Zomato appointed Bollywood actor Shah Rukh Khan as its brand ambassador.
Detailed Explanation:
Zomato appointed Bollywood actor Shah Rukh Khan as its brand ambassador.
SRK featured in Zomato’s latest campaign ‘Fuel Your Hustle’, highlighting the hard work behind India’s celebrated names.
Through the campaign and this association, Zomato aims to resonate with every individual who truly believes in hard work and consistency and reinforce its commitment to supporting their journey with food
This collaboration will see Shah Rukh Khan featured prominently across Zomato's multi-platform marketing initiatives, including television commercials, digital campaigns, print and outdoor activations.
21) Answer: C
Short Explanation:
Atal Innovation Mission (AIM), NITI Aayog, and Bhashini, the Digital India Bhashini Division (DIBD) under the Ministry of Electronics and Information Technology (MeitY), have signed a Statement of Intent (SoI) in New Delhi to democratize access to innovation by breaking language barriers.
Detailed Explanation:
Atal Innovation Mission (AIM), NITI Aayog, and Bhashini, the Digital India Bhashini Division (DIBD) under the Ministry of Electronics and Information Technology (MeitY), have signed a Statement of Intent (SoI) in New Delhi to democratize access to innovation by breaking language barriers.
The partnership aims to foster vernacular innovation and promote language inclusivity in India’s innovation and entrepreneurship ecosystem.
Leaders Involved: The SoI was formalized in the presence of Deepak Bagla, Mission Director of AIM, and Amitabh Nag, CEO of Digital India Bhashini Division.
Integration of Language Technology: Collaborative strategies discussed to embed language technology into AIM’s nationwide innovation programs.
22) Answer: B
India’s Annu Rani, the reigning Asian Games champion, secured gold in the women’s javelin throw at the International Wiesław Maniak Memorial in Poland with a season-best throw of 62.59m.
The 32-year-old’s dominant performance placed her ahead of competitors from Turkey and Australia.
Her winning distance ranks her among the top 15 women’s javelin throwers globally this season.
Rani now targets the 64m qualification mark for the 2025 World Athletics Championships in Tokyo.
23) Answer: E
Every year World Biofuel Day is observed on the 10th of August.
World Biofuel Day 2025 is celebrated to raise awareness about the importance of biofuels and features the efforts made by the Government in the biofuel sector.
theme for this year's World Biofuel Day is "Biofuels: a sustainable pathway to net zero."
24) Answer: B
World Lion Day is an international annual event observed on the 10th of August.
World Lion Day 2025 is celebrated to raise awareness about the conservation and protection of Lions. Lion's scientific name is ‘Panthera Leo’.
The Big Cat Initiative (BCI) was formed in 2009 and was initiated by Dereck and Beverly Joubert to protect the lions
25) Answer: B
Axis Bank has introduced a ‘Lock FD’ feature to protect customers from digital frauds involving Fixed Deposits (FDs).
This feature blocks premature closure of FDs through digital channels like Mobile Banking and Internet Banking.
Once enabled, premature FD closure can only be done in-branch after stringent identity verification, enhancing security.
The feature is available via Axis Bank’s mobile app ‘Open’ and at all branches.
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