Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 14th June 2025. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2025 & other competitive exams can make use of these Current Affairs Quiz.

 

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1) As per the report, Scapia Partners with Federal Bank to launcha New Dual-Network Card. Which two networks does the Scapia Federal Credit Card support?

(a) RuPay and Maestro

(b) VISA and MasterCard

(c) VISA and RuPay

(d) RuPay and American Express

(e) VISA and Discover

2) What is the total cumulative FDI inflow into India (including all components) up to March 2025?

(a) $729 billion

(b) $800 billion

(c) $950 billion

(d) $1,072 billion

(e) $1,200 billion

3) What was India’s retail inflation rate based on the Consumer Price Index (CPI) in May 2025?

(a) 2.82%

(b) 3.16%

(c) 2.61%

(d) 3.51%

(e) 4.12%

4) What does STRIPS stand for in the context of government securities trading?

(a) State Trading of Registered Interest and Principal Securities

(b) Separate Trading of Registered Interest and Principal of Securities

(c) Systematic Trading of Retail Interest and Primary Securities

(d) Structured Trading of Regional Investment and Public Securities

(e) Strategic Trading and Reporting of Interest and Principal Securities

5) What was the notified amount for the second buyback auction conducted by the RBI in FY 2025-26?

(a) ₹27,256 crore

(b) ₹23,856 crore

(c) ₹63,031 crore

(d) ₹26,000 crore

(e) ₹30,000 crore

6) Which international credit rating agency became the first foreign entity to set up operations at GIFT City, Gujarat in 2025?

(a) Moody’s Investors Service

(b) Fitch Ratings

(c) DBRS Morningstar

(d) S&P Global Ratings

(e) Japan Credit Rating Agency

7) Recently, the 95th meeting of the Network Planning Group (NPG) was conducted under which national initiative?

(a) Atmanirbhar Bharat Abhiyan

(b) PM GatiShakti National Master Plan

(c) Bharatmala Pariyojana

(d) Digital India Mission

(e) National Infrastructure Pipeline

8) Who is the Director-General of the International Labour Organization (ILO) who praised India’s social protection progress?

(a) Guy Ryder

(b) António Guterres

(c) Gilbert F. Houngbo

(d) Kristalina Georgieva

(e) Ngozi Okonjo-Iweala

9) Who has been appointed as the Deputy Chief Executive Officer (Deputy CEO) of SBI General Insurance in 2025?

(a) Rajnish Kumar

(b) Dinesh Khara

(c) Mohd Arif Khan

(d) Alok Kumar Choudhary

(e) Ashwini Kumar Tewari

10) As per the report, the Financial Services Institutions Bureau Recommends R Doraiswamy as Chief Executive Officer (CEO) and Managing Director (MD) at Life Insurance Corporation of India. Who was temporarily given financial and administrative powers of LIC CEO & MD starting June 8, 2025?

(a) Dinesh Pant

(b) Ratnakar Patnaik

(c) R Doraiswamy

(d) Sat Pal Bhanoo

(e) Raj Kumar

11) As per the report, Bharat Biotech and GSK Collaborate to develop Shigella Diarrhoea Vaccine. What is the name of the vaccine candidate for Shigellosis developed by GSK?

(a) Covishield

(b) ShigellaVac

(c) BBV152

(d) altSonflex1-2-3

(e) GMMA-Shield

12) Which award will Alexander Payne receive at the 78th Locarno Film Festival?

(a) Golden Lion

(b) Palme d'Or

(c) Honorary Leopard (Pardo d’Onore)

(d) Crystal Globe

(e) Silver Bear

13) What will be introduced as part of the MoU to upskill professionals in cybersecurity and data privacy?

(a) Digital Payment Fellowship

(b) Fintech Training Workshops

(c) Bharat Cyber Shield Scheme

(d) UPI Developer Bootcamp

(e) NPCI-certified security programme

14) What is the total prize pool announced for Wimbledon 2025 scheduled from June 30 to July 13, 2025?

(a) £40.2 million

(b) £49.8 million

(c) £43.5 million

(d) £60 million

(e) £53.5 million

15) Who won the gold medal in the women’s 10km race at the Austrian Racewalking Championships 2025?

(a) Ram Baboo

(b) Jaromír Morávek

(c) Sandeep Kumar

(d) Priyanka Goswami

(e) Bhawna Jat

16) Recently, Apple Software Pioneer Bill Atkinson Passed Away. He was the original programmer of which foundational graphics library for the Apple Lisa and Macintosh?

(a) ColorSync

(b) QuickDraw

(c) Metal

(d) CoreGraphics

(e) Quartz

17) When is World Blood Donor Day observed every year?

(a) June 14

(b) June 1

(c) May 31

(d) July 11

(e) August 5

18) Which bank was the first to establish an International Banking Unit (IBU) in GIFT City in October 2015?

(a) Axis Bank

(b) Standard Chartered

(c) HDFC Bank

(d) Yes Bank

(e) ICICI Bank

19) Where is Scapia headquartered?

(a) Mumbai

(b) Gurugram

(c) Hyderabad

(d) Bengaluru

(e) Chennai

20) As of May 2025, how many languages are listed in the Eighth Schedule of the Indian Constitution?

(a) 18

(b) 20

(c) 21

(d) 22

(e) 24

Answers :

1) Answer: C

Short Explanation:

Scapia, a travel fintech platform, has launched a new credit card in partnership with Federal Bank named Scapia Federal RuPay Credit Card.

The card supports dual networks: VISA and RuPay, enabling online, offline, UPI, and international transactions on a single credit card statement.

Detailed Explanation:

Scapia, a travel fintech platform, has launched a new credit card in partnership with Federal Bank named Scapia Federal RuPay Credit Card.

The card supports dual networks: VISA and RuPay, enabling online, offline, UPI, and international transactions on a single credit card statement.

Users can manage both credit and UPI spends through RuPay in one consolidated place.

The card offers zero forex markup on all international transactions.

Cardholders get unlimited domestic airport lounge access and complimentary dining, shopping, and spa benefits at all airport outlets.

2) Answer: D

Short Explanation:

India has received a cumulative Foreign Direct Investment (FDI) inflow of $729 billion via direct equity flows since 2000, which rises to $1,072 billion when including reinvested earnings, equity capital, and other capital (up to March 2025).

Detailed Explanation:

India has received a cumulative Foreign Direct Investment (FDI) inflow of $729 billion via direct equity flows since 2000, which rises to $1,072 billion when including reinvested earnings, equity capital, and other capital (up to March 2025).

Country-wise FDI shares show that Mauritius, Singapore, the US, the Netherlands, Japan, and the UK together account for over 85% of total FDI flows.

There has been a shift in hierarchy among countries:

Singapore’s share increased from 13% (2005) to 24% (2025).

Mauritius’ share declined from 35.2% to 24.7%.

Shares of the UK, Japan, Germany, and France decreased.

Shares of the US, Netherlands, UAE, and Cayman Islands increased.

Many investments routed via countries like Mauritius and Singapore may not reflect the true origin of investors.

3) Answer: A

Short Explanation:

According to the National Statistics Office (NSO) data, retail inflation based on Consumer Price Index (CPI) dropped to a 75-month low of 2.82% in May from 3.16% in April.

Detailed Explanation:

According to the National Statistics Office (NSO) data, retail inflation based on Consumer Price Index (CPI) dropped to a 75-month low of 2.82% in May from 3.16% in April.

The decline in inflation was mainly due to falling prices of food items such as pulses, vegetables, fruits, cereals, sugar, eggs, and household goods, along with a favourable base effect.

The Consumer Price Index (CPI) measures the average change over time in the prices paid by urban consumers for a basket of consumer goods and services.

The main components of the CPI and their respective weights are:

Food and Beverages: 45.86%

Housing: 10.07%

Fuel and Light: 6.84%

Clothing and Footwear: 6.53%

Pan, Tobacco, and Intoxicants: 2.38%

Miscellaneous: 28.32%

4) Answer: B

Short Explanation:

The Reserve Bank of India (RBI) has allowed a special trading facility called STRIPS for state government securities, expanding the existing framework for central government bonds.

STRIPS stands for Separate Trading of Registered Interest and Principal of Securities. It allows interest and principal payments of fixed-coupon bonds to be traded separately.

Detailed Explanation:

The Reserve Bank of India (RBI) has allowed a special trading facility called STRIPS for state government securities, expanding the existing framework for central government bonds.

STRIPS stands for Separate Trading of Registered Interest and Principal of Securities. It allows interest and principal payments of fixed-coupon bonds to be traded separately.

Eligible Securities Criteria:

Must be state government fixed-coupon bonds.

Must have residual maturity up to 14 years.

Must have an outstanding amount of at least ₹10 billion (~$116.93 million).

Must be eligible to meet banks’ Statutory Liquidity Ratio (SLR) requirements.

5) Answer: D

Short Explanation:

The Reserve Bank of India (RBI) received bids worth ₹63,031 crore against the notified amount of ₹26,000 crore at the second buyback auction of the current fiscal year.

At the auction held recently, the RBI accepted 95% of the notified amount.

In the first buyback auction held last week, the RBI received bids worth ₹27,256 crore and accepted ₹23,856 crore (which was 95% of the notified amount).

Detailed Explanation:

The Reserve Bank of India (RBI) received bids worth ₹63,031 crore against the notified amount of ₹26,000 crore at the second buyback auction of the current fiscal year.

At the auction held recently, the RBI accepted 95% of the notified amount.

In the first buyback auction held last week, the RBI received bids worth ₹27,256 crore and accepted ₹23,856 crore (which was 95% of the notified amount).

Buybacks are conducted by the government to reduce gross borrowing by paying off debt during the fiscal year.

Buybacks also help RBI infuse durable liquidity into the banking system.

In this auction, RBI bought back five government bonds maturing between 2025 and 2029:

7.38% 2027 bond

7.06% 2028 bond

7.26% 2029 bond

6.89% 2025 bond

6.93% 2026 bond

Current banking system liquidity is in surplus of ₹2.57 lakh crore according to RBI data.

6) Answer: D

Short Explanation:

S&P Global Ratings Singapore Limited has become the first foreign credit rating agency to establish operations at GIFT City, Gujarat.

Detailed Explanation:

S&P Global Ratings Singapore Limited has become the first foreign credit rating agency to establish operations at GIFT City, Gujarat.

The agency received approval from the International Financial Services Authority (IFSCA), the unified regulator at GIFT City.

K Rajaram, Chairperson of IFSCA, welcomed the move, encouraging more entries, robust participation, and competition at GIFT City.

S&P Global is expected to start operations with a workforce of five employees.

S&P Global follows the footsteps of its Indian counterpart, CareEdge Global IFSC Ltd (subsidiary of CARE Ratings Ltd), which was the first credit rating agency to establish a base at GIFT City in October 2024.

S&P Global recently released its first Sovereign Ratings of Global Economies, rating 39 countries including India with a BBB+ rating.

7) Answer: B

Short Explanation:

The 95th meeting of the Network Planning Group (NPG), held under the PM GatiShakti National Master Plan, assessed five major infrastructure proposals aimed at enhancing multimodal connectivity and logistics efficiency across the country.

Detailed Explanation:

The 95th meeting of the Network Planning Group (NPG), held under the PM GatiShakti National Master Plan, assessed five major infrastructure proposals aimed at enhancing multimodal connectivity and logistics efficiency across the country.

The reviewed projects include a metro rail extension, two highway projects, and two multi-modal logistics parks, all aligned with the principles of integrated infrastructure planning and last-mile connectivity.

Ahmedabad Metro Rail Project Phase-2A:
Proposed by the Ministry of Housing and Urban Affairs (MoHUA), this project plans a 6.032 km extension from Koteshwar Metro Station to Sardar Vallabhbhai Patel International Airport. It aims to improve urban mobility in Ahmedabad, reduce congestion, and enhance airport access for commuters and staff.

8-Lane Highway to Vadhavan Port, Maharashtra:
Presented by the Ministry of Road Transport and Highways (MoRTH), this highway along NH-248S is designed to connect to the upcoming Vadhavan Port, expected to be among the top 10 global container ports. It will handle over 57,000 PCUs/day by 2030 and link to the Delhi–Mumbai Expressway and NH-48, ensuring seamless cargo movement.

8) Answer: C

Short Explanation:

India has expanded its social protection coverage from 19% in 2015 to 64.3% in 2025, marking a 45 percentage point increase over the past decade, as per ILOSTAT data.

Leadership Praise: ILO DG Gilbert F. Houngbo commended India’s pro-poor and labour welfare policies under PM Narendra Modi.

Detailed Explanation:

India has expanded its social protection coverage from 19% in 2015 to 64.3% in 2025, marking a 45 percentage point increase over the past decade, as per ILOSTAT data.

With over 94 crore people now benefiting from at least one social protection scheme, India ranks second globally in total beneficiaries—a milestone acknowledged by the ILO Director-General, Gilbert F. Houngbo.

Coverage Surge: Jumped from 19% (2015) to 64.3% (2025), the fastest global expansion in social protection coverage.

Beneficiary Count: 94 crore citizens covered under one or more social security benefits, placing India second worldwide.

ILOSTAT Recognition: Officially published on the ILO dashboard, validating India’s progress in social protection.

Leadership Praise: ILO DG Gilbert F. Houngbo commended India’s pro-poor and labour welfare policies under PM Narendra Modi.

9) Answer: C

Short Explanation:

Mohd Arif Khan has been appointed as the Deputy Chief Executive Officer (Deputy CEO) of SBI General Insurance.

Khan is a seasoned banking professional with over 25 years of experience at State Bank of India (SBI).

Detailed Explanation:

Mohd Arif Khan has been appointed as the Deputy Chief Executive Officer (Deputy CEO) of SBI General Insurance.

Khan is a seasoned banking professional with over 25 years of experience at State Bank of India (SBI).

He has held several strategic and leadership roles across various banking domains including:Retail banking, Training and development, Core Banking Solution (CBS) implementation

Khan started his career with SBI in 2000 as a Probationary Officer.

In his most recent role, he was General Manager – Network-I at SBI’s Local Head Office in Thiruvananthapuram.

At SBI, he led large-scale business and operational initiatives contributing to the bank’s transformation and growth.

10) Answer: D

Short Explanation:

The Financial Services Institutions Bureau (FSIB) has recommended R Doraiswamy for the position of Chief Executive Officer (CEO) and Managing Director (MD) at Life Insurance Corporation of India (LIC).

The government had recently entrusted Sat Pal Bhanoo with financial and administrative powers and functions of CEO and MD for three months starting June 8, 2025.

Detailed Explanation:

The Financial Services Institutions Bureau (FSIB) has recommended R Doraiswamy for the position of Chief Executive Officer (CEO) and Managing Director (MD) at Life Insurance Corporation of India (LIC).

R Doraiswamy has been a Managing Director at LIC since September 2023.

FSIB conducted interviews on June 11, 2025, for the CEO and MD post with four candidates from LIC:R Doraiswamy, Sat Pal Bhanoo, Dinesh Pant, Ratnakar Patnaik

Based on performance in the interview, overall experience, and existing parameters, FSIB recommended R Doraiswamy for the role.

The government had recently entrusted Sat Pal Bhanoo with financial and administrative powers and functions of CEO and MD for three months starting June 8, 2025.

11) Answer: D

Short Explanation:

Bharat Biotech partnered with GSK plc to develop a vaccine for Shigellosis, a severe form of bacterial diarrhoea.

The vaccine candidate, altSonflex1-2-3, was developed by GSK and is now advancing through a strategic collaboration with Bharat Biotech.

Detailed Explanation:

Bharat Biotech partnered with GSK plc to develop a vaccine for Shigellosis, a severe form of bacterial diarrhoea.

The vaccine candidate, altSonflex1-2-3, was developed by GSK and is now advancing through a strategic collaboration with Bharat Biotech.

This vaccine candidate is among the most advanced Shigella vaccines globally.

Currently, there is no licensed Shigella vaccine available, and antimicrobial resistance is rising.

The vaccine candidate offers broad serotype coverage and uses an innovative Generalized Modules for Membrane Antigens (GMMA)-based platform with robust early clinical results.

12) Answer: C

Short Explanation:

Celebrated American filmmaker Alexander Payne will be conferred with the Honorary Leopard (Pardo d’Onore) at the 78th Locarno Film Festival, to be held from August 6–16, 2025.

Detailed Explanation:

Celebrated American filmmaker Alexander Payne will be conferred with the Honorary Leopard (Pardo d’Onore) at the 78th Locarno Film Festival, to be held from August 6–16, 2025.

The award, presented on August 15, recognizes Payne’s distinguished cinematic career and lasting impact on international filmmaking.

Award Recognition: The Honorary Leopard, sponsored by Manor, is Locarno’s highest tribute for career excellence in global cinema.

Acclaimed Works: Payne is widely respected for films like Election, Sideways, The Descendants, Nebraska, and The Holdovers, noted for their emotional depth and subtle humor.

Festival Participation: He will screen and discussThe Descendants and Nebraska, and hold a public dialogue with audiences.

13) Answer: E

Short Explanation:

The National Payments Corporation of India (NPCI) and the Institute for Development and Research in Banking Technology (IDRBT) signed a Memorandum of Understanding (MoU), aiming to enhance cybersecurity and resilience in India’s rapidly evolving digital payments ecosystem.

Security Certification Programme: An NPCI-certified security programme will be introduced to upskill professionals in cybersecurity and data privacy, in line with regulatory standards.

Detailed Explanation:

The National Payments Corporation of India (NPCI) and the Institute for Development and Research in Banking Technology (IDRBT) signed a Memorandum of Understanding (MoU), aiming to enhance cybersecurity and resilience in India’s rapidly evolving digital payments ecosystem.

Objective: The MoU aims to strengthen cyber resilience in India's retail and digital payment systems, especially amid rising cyber threats.

Security Certification Programme: An NPCI-certified security programme will be introduced to upskill professionals in cybersecurity and data privacy, in line with regulatory standards.

Access to सचेत (IBCART 3.0): NPCI and its partners will gain access to IDRBT’s upgraded threat intelligence platform, सचेत (IBCART 3.0), enhancing real-time threat detection.

Structured Training Modules: Joint initiatives will include specialized training programs for professionals in both urban and rural banking ecosystems.

14) Answer: E

Short Explanation:

The All England Club has unveiled a record prize fund of £53.5 million (~$73 million) for the upcoming Wimbledon 2025 Championships, scheduled from June 30 to July 13, 2025.

Detailed Explanation:

The All England Club has unveiled a record prize fund of £53.5 million (~$73 million) for the upcoming Wimbledon 2025 Championships, scheduled from June 30 to July 13, 2025.

The prize money marks a 7% increase from 2024, and both men’s and women’s singles champions will earn £3 million (~$4 million) each — reflecting an 11.1% year-on-year rise.

Total Prize Pool: £53.5 million (~$73 million), highest in Wimbledon history.

Singles Winners' Earnings: £3 million (~$4 million) each, up 11.1% from 2024.

First Round Losers (Singles): £66,000, 10% increase year-on-year.

Long-Term Growth: Prize fund has doubled since 2015, underscoring Wimbledon’s global popularity and financial expansion.

15) Answer: D

Short Explanation:

Indian racewalkers showcased impressive performances at the Austrian Racewalking Championships in Innsbruck.

Priyanka Goswami clinched gold in the women’s 10km race with a timing of 47:54, marking her first win of the season. In the men’s 35km event, Sandeep Kumar won silver, while Ram Baboo secured bronze.

Detailed Explanation:

Indian racewalkers showcased impressive performances at the Austrian Racewalking Championships in Innsbruck.

Priyanka Goswami clinched gold in the women’s 10km race with a timing of 47:54, marking her first win of the season. In the men’s 35km event, Sandeep Kumar won silver, while Ram Baboo secured bronze.

The gold medal went to Jaromír Morávek of the Czech Republic.

Priyanka Goswami’s gold is a strong start to her season in the women’s 10km race.

Sandeep Kumar holds the Indian national record in the 50km racewalk, is a Tokyo Olympian, and earned bronze at the 2022 Commonwealth Games.

Ram Baboo is the Indian record holder in the 35km racewalk with a best of 2:29:56.

16) Answer: B

Short Explanation:

Bill Atkinson, a pioneering software designer, died at the age of 74 at his home in Portola Valley, California, due to pancreatic cancer.

He was born in Washington and studied computer science and neurobiology at the University of Washington.

Atkinson was a key figure at Apple Computer, best known for:Programming QuickDraw, a foundational graphics library used in Apple Lisa and Macintosh computers &Being the visionary behind the Macintosh graphical user interface (GUI).

Detailed Explanation:

Bill Atkinson, a pioneering software designer, died at the age of 74 at his home in Portola Valley, California, due to pancreatic cancer.

He was born in Washington and studied computer science and neurobiology at the University of Washington.

Atkinson was a key figure at Apple Computer, best known for:Programming QuickDraw, a foundational graphics library used in Apple Lisa and Macintosh computers &Being the visionary behind the Macintosh graphical user interface (GUI).

QuickDraw was initially designed for the Lisa computer (introduced in January 1983) and later became crucial to the Macintosh GUI (launched in January 1984).

Atkinson also created MacPaint, a digital drawing program bundled with the original Macintosh:Enabled users to draw pixel by pixel, Introduced the “tool palette”, now standard in graphic design software

17) Answer: A

On June 14th every year, World Blood Donor Day is observed all over the world as an awareness event to raise awareness of the need for safe blood and blood products and to thank voluntary, unpaid blood donors for their life-saving gifts of blood.

World Blood Donor Day 2025 Theme: This year, 2025, the World Blood Donor Day theme is "Give blood, give hope: together we save lives".

18) Answer: D

An IFSC Banking Unit (IBU) functions like an overseas branch of a bank located within GIFT City, providing USD-denominated services such as:Deposits, Term loans, External Commercial Borrowings (ECBs), Trade finance, Interbank placements.

Qatar National Bank was the first bank from West Asia to set up an IBU in GIFT City last month.

Domestic banks like Bank of Maharashtra have also applied to set up IBUs.

Yes Bank was the first bank to establish an IBU in GIFT City in October 2015.

Other banks like Axis Bank and Standard Chartered have recently expanded their offices within GIFT City.

As of March 2025, the cumulative assets under IBUs in GIFT City stand at over $88.5 billion.

19) Answer: D

About Scapia :

Founded : 2022 and is based in Bengaluru.

Founder and CEO : Anil Goteti

20) Answer: D

The Eighth Schedule to the Constitution of India lists the languages officially recognised by the Government of India. As of May 2025, 22 languages have been classified under the Eighth Schedule.