Daily Current Affairs Quiz - 14th March 2025
Mar 15 2025
Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 14th 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.
1) Recently, the Reserve Bank of India (RBI) issued a framework for Self-Regulatory Organization (SRO) for account aggregators. When did the Reserve Bank of India (RBI) introduce the Account Aggregator (AA) framework?
(a) 2015
(b) 2016
(c) 2017
(d) 2018
(e) 2019
2) What is the maximum education loan amount that Kuhoo Finance can offer with its expanded lending capacity?
(a) ₹50 lakh
(b) ₹75 lakh
(c) ₹1 crore
(d) ₹1.5 crore
(e) ₹2 crore
3) As per the report, the TransUnion CIBIL and FACE partner to launch the Consumer Education initiative. What is the name of the initiative launched under this partnership?
(a) CIBIL Credit Boost
(b) FinTech Uplift
(c) CIBIL Jaagran
(d) Smart Credit India
(e) Digital Lending Awareness
4) Which institution collaborated with the Bureau of Water Use Efficiency (BWUE) for the Water Sustainability Conference 2025?
(a) Indian Institute of Technology (IIT) Delhi
(b) The Energy and Resources Institute (TERI)
(c) National Institute of Hydrology
(d) World Resources Institute (WRI)
(e) United Nations Environment Programme (UNEP)
5) Where was the 4th ‘No Money for Terror’ (NMFT) Conference held?
(a) Paris, France
(b) New Delhi, India
(c) Washington D.C., USA
(d) Munich, Germany
(e) London, UK
6) What percentage of total FDI into Dubai was contributed by India in 2024?
(a) 15.8%
(b) 18.2%
(c) 21.5%
(d) 25.6%
(e) 30.1%
7) Recently, India's Retail Inflation Falls to 7-Month Low in February 2025. What was India’s retail inflation rate in February 2025?
(a) 4.25%
(b) 3.61%
(c) 5.10%
(d) 3.85%
(e) 4.75%
8) Which organization has been authorized to issue Zero Coupon Bonds (ZCBs) worth up to ₹10,000 crore?
(a) Reserve Bank of India (RBI)
(b) State Bank of India (SBI)
(c) Power Finance Corporation (PFC)
(d) National Bank for Agriculture and Rural Development (NABARD)
(e) Securities and Exchange Board of India (SEBI)
9) Which airport was honored with the ASQ Airport Experience Award 2024 for the Best Airport Over 40 Million Passengers in the Asia-Pacific region?
(a) Changi Airport, Singapore
(b) Delhi International Airport
(c) Dubai International Airport
(d) Beijing Capital International Airport
(e) Tokyo Haneda Airport
10) As per the report, Jayshree Vencatesan Becomes First Indian to Receive Ramsar Award. Under which category did Jayshree Vencatesan win the Ramsar Award?
(a) Wetland Restoration
(b) Water Quality Management
(c) Wise Use of Wetlands
(d) Wildlife Protection
(e) Mangrove Conservation
11) Who has been elected as the Chairman of the Automotive Tyre Manufacturers' Association (ATMA)?
(a) Rajiv Bajaj
(b) Arun Mammen
(c) Vikram Kirloskar
(d) Hiroshi Yoshizane
(e) Raghupati Singhania
12) Recently, NASA's newest space telescope, Spherex blasts off to map the entire sky and millions of galaxies. Where was NASA’s Spherex telescope launched from?
(a) Kennedy Space Center, Florida
(b) Baikonur Cosmodrome, Kazakhstan
(c) Vandenberg Space Force Base, California
(d) Cape Canaveral Space Force Station, Florida
(e) Guiana Space Centre, French Guiana
13) As per the news, China builds a giant anti-hypersonic radar that can track every small and big Indian missile from 5,000 km away. The newly deployed Large Phased Array Radar(LPAR) can track missile tests from which Indian missile testing site?
(a) Pokhran Test Range
(b) Chandipur Test Range
(c) Wheeler Island
(d) Dr APJ Abdul Kalam Island
(e) Sriharikota Spaceport
14) What is the name of the Beyond Visual Range Air-to-Air Missile (BVRAAM) recently tested by India?
(a) BrahMos
(b) Prithvi
(c) Astra
(d) Nag
(e) Akash
15) What is the name of the Low-Level Transportable Radar (LLTR) procured by the Indian government?
(a) Arudhra
(b) Ashwini
(c) Rajendra
(d) Swathi
(e) Rohini
16) Which edition of the Khelo India Winter Games was held in 2025?
(a) 3rd
(b) 5th
(c) 4th
(d) 6th
(e) 7th
17) Who was awarded the ICC Women’s Player of the Month for February 2025?
(a) Ellyse Perry
(b) Smriti Mandhana
(c) Sophie Ecclestone
(d) Alana King
(e) Harmanpreet Kaur
18) When is the International Day of Action for Rivers celebrated?
(a) March 10
(b) March 12
(c) March 14
(d) March 16
(e) March 20
19) Every year on March 14 is observed as World Sleep day. What is the theme of World Sleep Day 2025?
(a) "Better Sleep, Better Life, Better Planet"
(b) "Make Sleep Health a Priority"
(c) "Healthy Sleep, Healthy Aging"
(d) "Sleep is Essential for Health"
(e) "Sleep Well, Live Well"
20) Which of the following is TRUE about Zero Coupon Bonds?
(a) They have the highest interest rates among bonds
(b) They do not provide periodic interest payments
(c) They are always issued at face value
(d) Investors receive annual interest along with the principal
(e) They are only issued by private companies
Answers :
1) Answer: B
Short Explanation:
The Reserve Bank of India (RBI) introduced the Account Aggregator (AA) framework in September 2016 to facilitate secure financial data exchange.
RBI aims to enhance operational efficiency and streamline data exchange within the AA framework.
Detailed Explanation:
The Reserve Bank of India (RBI) introduced the Account Aggregator (AA) framework in September 2016 to facilitate secure financial data exchange.
RBI aims to enhance operational efficiency and streamline data exchange within the AA framework.
The AA ecosystem involves multiple regulated entities under different financial regulators, creating operational complexities.
Frequent coordination is required to address dispute resolution, standardised agreements, and common services among stakeholders.
NBFC-Account Aggregators (NBFC-AAs): Intermediaries between Financial Information Providers (FIPs) and Financial Information Users (FI-Us).
2) Answer: E
Short Explanation:
Kuhoo Finance has received approval for a non-banking financial company licence from the Reserve Bank of India (RBI), student loans-focussed lending platform, allowing it to lend from its books along with partner NBFCs and banks.
The licence is set to significantly expand Kuhoo's lending capacity, enabling the firm to offer education loans of up to ₹2 crore across various academic disciplines.
Detailed Explanation:
Kuhoo Finance has received approval for a non-banking financial company licence from the Reserve Bank of India (RBI), student loans-focussed lending platform, allowing it to lend from its books along with partner NBFCs and banks.
The licence is set to significantly expand Kuhoo's lending capacity, enabling the firm to offer education loans of up to ₹2 crore across various academic disciplines.
With the new regulatory status, Kuhoo Finance aims to expand its product portfolio to cater to executive education and upskilling programmes.
The company also plans to strengthen partnerships with educational institutions and financial entities to improve student accessibility across India.
To support its expansion plans, Kuhoo is preparing to raise fresh capital.
WestBridge had invested ₹20 crore in 2022 into the startup.
3) Answer: C
Short Explanation:
TransUnion CIBIL and the Fintech Association for Consumer Empowerment (FACE) are partnering to promote financial literacy and credit awareness in India.
The initiative, named CIBIL Jaagran, aims to improve credit education and facilitate easy access to credit for consumers via FinTech solutions.
Detailed Explanation:
TransUnion CIBIL and the Fintech Association for Consumer Empowerment (FACE) are partnering to promote financial literacy and credit awareness in India.
The initiative, named CIBIL Jaagran, aims to improve credit education and facilitate easy access to credit for consumers via FinTech solutions.
Under the agreement:
TransUnion CIBIL will provide knowledge and expertise and develop co-branded and customized educational content.
FACE, the Reserve Bank of India (RBI) recognised Self-Regulatory Organization (SRO) in the FinTech sector, will work with its 165+ FinTech members to promote financial literacy and credit awareness among consumers.
4) Answer: B
Short Explanation:
The Water Sustainability Conference 2025 was organized by the Bureau of Water Use Efficiency (BWUE) under the National Water Mission (NWM), Ministry of Jal Shakti, in collaboration with The Energy and Resources Institute (TERI).
Detailed Explanation:
The Water Sustainability Conference 2025 was organized by the Bureau of Water Use Efficiency (BWUE) under the National Water Mission (NWM), Ministry of Jal Shakti, in collaboration with The Energy and Resources Institute (TERI).
The event took place on March 12, 2025, at NDMC Convention Centre, New Delhi, focusing on Industrial Water Use Efficiency.
Union Minister of Jal Shakti, Shri C. R. Patil inaugurated the conference.
Stressed the 4R approach (Reduce, Reuse, Recycle & Recharge) and introduced Respect as the 5th principle for sustainable water management.
Presented successful models like PEPL Kadodara (Surat) & Vapi Paper Industry for industrial water efficiency.
5) Answer: D
Short Explanation:
The 4th ‘No Money for Terror’ (NMFT) Conference, held in Munich,Germany focused on global efforts to combat terror financing.
India, an active participant since 2018, reaffirmed its commitment to strengthening international cooperation in fighting terrorism.
Detailed Explanation:
The 4th ‘No Money for Terror’ (NMFT) Conference, held in Munich,Germany focused on global efforts to combat terror financing.
India, an active participant since 2018, reaffirmed its commitment to strengthening international cooperation in fighting terrorism.
The country emphasized evolving threats from digital financial networks and cross-border transactions and urged global unity against terror financing.
Rise of Digital Transactions: Terrorists exploit digital finance and cross-border fund flows to transfer assets.
Complex Financial Methods: Evolving financial tactics make tracking terror funding challenging.
Need for International Cooperation: Stronger global collaboration is necessary to track and disrupt terror financing networks.
6) Answer: C
Short Explanation:
India has emerged as the largest Foreign Direct Investment (FDI) contributor to Dubai in 2024, surpassing the United States, France, and the United Kingdom.
India’s FDI share – 21.5% of total FDI into Dubai.
Detailed Explanation:
India has emerged as the largest Foreign Direct Investment (FDI) contributor to Dubai in 2024, surpassing the United States, France, and the United Kingdom.
Dubai has also retained its position as the world’s top destination for Greenfield FDI projects for the fourth consecutive year, according to Financial Times Ltd.’s ‘fDi Markets’ data.
India’s FDI Dominance
India’s FDI share – 21.5% of total FDI into Dubai.
Comparison with other countries:
U.S. – 13.7%
France – 11%
U.K. – 10%
Switzerland – 6.9%
7) Answer: B
Short Explanation:
India’s retail inflation eased to 3.61% in February 2025, marking a seven-month low, as food inflation fell below 4% for the first time in nearly two years.
This decline raises expectations of another rate cut in the upcoming April 2025 meeting of the Reserve Bank of India (RBI).
Detailed Explanation:
India’s retail inflation eased to 3.61% in February 2025, marking a seven-month low, as food inflation fell below 4% for the first time in nearly two years.
This decline raises expectations of another rate cut in the upcoming April 2025 meeting of the Reserve Bank of India (RBI).
Key Highlights of February 2025 CPI Data
Retail Inflation: 3.61%, lowest in 7 months.
Food Inflation: 3.75%, lowest in 21 months.
Vegetable Inflation: -1.1% (deflation) vs. +11.4% in January 2025.
Pulses Inflation: Deflation after +2.6% in January.
Fruits & Edible Oils: Prices increased.
Core Inflation: Highest in 7 months, driven by gold prices.
Personal Care Inflation: 13.6% (vs. 10.6% in January).
8) Answer: C
Short Explanation:
The Finance Ministry has authorized Power Finance Corporation (PFC) to issue Zero Coupon Bonds (ZCBs) worth up to ₹10,000 crore.
These bonds will be issued at a discount and redeemed at full face value upon maturity.
Detailed Explanation:
The Finance Ministry has authorized Power Finance Corporation (PFC) to issue Zero Coupon Bonds (ZCBs) worth up to ₹10,000 crore.
These bonds will be issued at a discount and redeemed at full face value upon maturity.
A Zero Coupon Bond (ZCB) is a financial instrument that does not pay periodic interest (coupon) during its tenure. Instead, it is issued at a discount and redeemed at face value upon maturity.
The difference between the issue price and face value represents the investor's return.
Issuance & Maturity: To be issued on or before March 31, 2027, with a maturity period of 121 months (10 years and 1 month).
9) Answer: B
Short Explanation:
GMR Airports Infrastructure Limited has announced that its subsidiary, Delhi International Airport Limited (DIAL), has been honored with the prestigious Airport Service Quality (ASQ) Airport Experience Award 2024 for the Best Airport Over 40 Million Passengers in the Asia-Pacific region.
Detailed Explanation:
GMR Airports Infrastructure Limited has announced that its subsidiary, Delhi International Airport Limited (DIAL), has been honored with the prestigious Airport Service Quality (ASQ) Airport Experience Award 2024 for the Best Airport Over 40 Million Passengers in the Asia-Pacific region.
This marks the seventh consecutive year that Delhi Airport has received this prestigious recognition, reinforcing its commitment to customer service excellence.
The Airport Service Quality (ASQ) Awards, presented by Airports Council International (ACI), are widely regarded as the gold standard for evaluating airport service quality worldwide.
10) Answer: C
Short Explanation:
Jayshree Vencatesan, co-founder of Chennai-based Care Earth Trust, has become the first Indian to be honored with the Ramsar Award for ‘Wetland Wise Use’.
Detailed Explanation:
Jayshree Vencatesan, co-founder of Chennai-based Care Earth Trust, has become the first Indian to be honored with the Ramsar Award for ‘Wetland Wise Use’.
This prestigious global recognition celebrates her contributions to sustainable wetland management.
The Ramsar Secretariat in Geneva announced the award on the eve of International Women’s Day 2024.
The Ramsar Convention on Wetlands recognizes outstanding individuals and organizations for wetland conservation.
Jayshree Vencatesan won under the ‘Wise Use of Wetlands’ category.
She is the first Indian to receive this global honor.
One of 12 women changemakers acknowledged for pioneering work in wetland conservation.
11) Answer: B
Short Explanation:
Arun Mammen, Vice Chairman and Managing Director of MRF Ltd, has been elected Chairman of the Automotive Tyre Manufacturers' Association (ATMA).
Hiroshi Yoshizane, Managing Director of Bridgestone India, has been named Vice Chairman of ATMA.
Detailed Explanation:
Arun Mammen, Vice Chairman and Managing Director of MRF Ltd, has been elected Chairman of the Automotive Tyre Manufacturers' Association (ATMA).
Hiroshi Yoshizane, Managing Director of Bridgestone India, has been named Vice Chairman of ATMA.
Mammen takes over ATMA's leadership ahead of its 50th anniversary in 2025.
Education: Graduate of Madras Christian College, MBA from Ashland University, USA.
Industry Experience:
Trained at B F Goodrich Tire & Co. and Uniroyal Goodrich Tire & Co. in the United States.
Joined MRF Ltd as Managing Director in 2004.
Appointed Vice Chairman and Managing Director in 2017.
12) Answer: C
Short Explanation:
NASA’s latest space telescope, Spherex, was launched into orbit aboard a SpaceX rocket from California.
The telescope will map the entire sky in unprecedented detail, capturing a sweeping view of hundreds of millions of galaxies and their cosmic glow since the universe's beginning.
Detailed Explanation:
NASA’s latest space telescope, Spherex, was launched into orbit aboard a SpaceX rocket from California.
The telescope will map the entire sky in unprecedented detail, capturing a sweeping view of hundreds of millions of galaxies and their cosmic glow since the universe's beginning.
The $488 million mission aims to study galaxy formation and evolution over billions of years, as well as the rapid expansion of the universe in its early moments.
Within the Milky Way, Spherex will also search for water and life-related ingredients in the icy clouds between stars where new solar systems form.
Weighing 1,110 pounds (500 kg), roughly the size of a grand piano, Spherex will use infrared imaging to map the entire sky in six months.
Over two years, it will complete four full-sky surveys from its 400-mile (650 km) orbit over Earth's poles.
13) Answer: D
Short Explanation:
China has reportedly deployed a new Large Phased Array Radar (LPAR) in Yunnan province, near the Myanmar border.
The radar is believed to have a range of over 5,000 km, enabling surveillance deep into Indian territory.
It can also track missile tests, including those from Dr APJ Abdul Kalam Island in India.
Detailed Explanation:
China has reportedly deployed a new Large Phased Array Radar (LPAR) in Yunnan province, near the Myanmar border.
The radar is believed to have a range of over 5,000 km, enabling surveillance deep into Indian territory.
It can also track missile tests, including those from Dr APJ Abdul Kalam Island in India.
Unlike traditional radars, LPARs use electronically controlled antennas instead of mechanical rotation.
Enables instant scanning of vast areas and tracking multiple targets, including ballistic missiles.
Plays a critical role in early warning systems and air defence networks.
The structure is six stories high with an octagonal array of antennas.
Besides China, only the US and Russia possess similar LPAR technology.
It is being compared to the US PAVE PAWS radar, which has a range of 5,600 km.
China has invested in phased-array radar technology since the 1970s.
14) Answer: C
Short Explanation:
India's Aeronautical Development Agency (ADA) successfully conducted the test launch of the Astra Beyond Visual Range Air-to-Air Missile (BVRAAM) from the LCA AF MK1 prototype fighter aircraft on March 12, 2025, off the coast of Chandipur, Odisha.
Detailed Explanation:
India's Aeronautical Development Agency (ADA) successfully conducted the test launch of the Astra Beyond Visual Range Air-to-Air Missile (BVRAAM) from the LCA AF MK1 prototype fighter aircraft on March 12, 2025, off the coast of Chandipur, Odisha.
The test-firing achieved a direct hit on a flying target, with all subsystems performing accurately, meeting all mission parameters and objectives.
The Astra missile, developed by DRDO, has a range of over 100 km and features advanced guidance and navigation systems for precision targeting.
The missile is already inducted into the Indian Air Force (IAF).
This successful test marks a crucial step towards the induction of the LCA AF MK1A variant.
15) Answer: B
Short Explanation:
As part of the Central Government’s efforts to strengthen indigenous defence capabilities, the Ministry of Defence has signed a capital acquisition contract with Bharat Electronics Limited (BEL), Ghaziabad for procuring Low-Level Transportable Radar (LLTR) – Ashwini at a cost of ₹2,906 crore.
Detailed Explanation:
As part of the Central Government’s efforts to strengthen indigenous defence capabilities, the Ministry of Defence has signed a capital acquisition contract with Bharat Electronics Limited (BEL), Ghaziabad for procuring Low-Level Transportable Radar (LLTR) – Ashwini at a cost of ₹2,906 crore.
The radar is indigenously designed and developed by the Electronics & Radar Development Establishment (DRDO).
The contract was signed in New Delhi by Defence Secretary Rajesh Kumar Singh.
LLTR (Ashwini) is an active electronically scanned phased array radar based on solid-state technology.
16) Answer: B
Short Explanation:
The Khelo India Winter Games 2025 (KIWG 2025), the fifth edition of India’s premier winter sports event, was successfully conducted in two phases.
The event, held under the Khelo India initiative by the Ministry of Youth Affairs and Sports, aimed at promoting winter sports in India.
Participation: 400+ athletes from 19 teams.
Venues: Leh, Ladakh & Jammu & Kashmir.
Overall Champion: Indian Army (most gold medals).
Detailed Explanation:
The Khelo India Winter Games 2025 (KIWG 2025), the fifth edition of India’s premier winter sports event, was successfully conducted in two phases.
The event, held under the Khelo India initiative by the Ministry of Youth Affairs and Sports, aimed at promoting winter sports in India.
Participation: 400+ athletes from 19 teams.
Venues: Leh, Ladakh & Jammu & Kashmir.
Overall Champion: Indian Army (most gold medals).
Phases and Venues of KIWG 2025
The event took place in two phases across different regions:
Phase 1: Leh, Ladakh (January 23-27, 2025)
Events: Ice Hockey and Ice Skating.
Venues:
Nawang Dorjay Stobdan (NDS) Sports Complex.
Guphuk Pond.
Phase 2: Jammu & Kashmir (March 9-12, 2025)
Events:
Alpine Skiing
Nordic Skiing
Ski Mountaineering
Snowboarding
Venues:
Kangdoori Phase 1.
Golf Course Club, Gulmarg.
17) Answer: D
Short Explanation:
The International Cricket Council (ICC) has announced the winners of the ICC Men’s and Women’s Player of the Month Awards for February 2025.
Men’s Player of the Month: Shubman Gill (India)
Women’s Player of the Month: Alana King (Australia)
Detailed Explanation:
The International Cricket Council (ICC) has announced the winners of the ICC Men’s and Women’s Player of the Month Awards for February 2025.
Men’s Player of the Month: Shubman Gill (India)
Women’s Player of the Month: Alana King (Australia)
Shubman Gill played a crucial role in India’s series sweep against England and their triumph in the ICC Men’s Champions Trophy 2025.
Australian spinner Alana King played a pivotal role in Australia’s Ashes victory, delivering outstanding performances in the Melbourne Test.
18) Answer: C
International Day Of Action For Rivers is celebrated on 14th March 2025.
The International Day of Action Against Dams and For Rivers, Water and Life was adopted by the participants of the First International Meeting of People Affected by Dams in March 1997 in Curitiba, Brazil, according to internationalrivers.org. River experts from 20 countries decided that March 14 will be the 'Day of Action for Rivers'.
19) Answer: B
Short Explanation:
World Sleep Day 2025 is observed on the 14th March 2025.
The World Sleep Day theme 2025 is "Make Sleep Health a Priority".
Detailed Explanation:
World Sleep Day 2025 is observed on the 14th March 2025.
The World Sleep Day theme 2025 is "Make Sleep Health a Priority".
World Sleep Day was founded by the World Sleep Day Committee of the World Sleep Day Society in 2008.
It is celebrated annually on the Friday before the northern hemisphere vernal equinox.
World Sleep Day is observed annually on the Friday before the March Equinox.
The first World Sleep Day was held on 14 March 2008.
20) Answer: B
What is a Zero Coupon Bond (ZCB)?
A Zero Coupon Bond (ZCB) is a financial instrument that does not pay periodic interest (coupon) during its tenure. Instead, it is issued at a discount and redeemed at face value upon maturity.
The difference between the issue price and face value represents the investor's return.
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