Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 15th & 16th 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) Which financial institution has recently received approval to raise up to ₹19,500 crore through deep-discount bonds?

(a) Rural Electrification Corporation (REC)

(b) Small Industries Development Bank of India (SIDBI)

(c) National Housing Bank (NHB)

(d) National Bank for Agriculture and Rural Development (NABARD)

(e) Power Finance Corporation (PFC)

2) As of the week ended June 6, 2025, what was the total value of India’s foreign exchange reserves, according to the Reserve Bank of India (RBI)?

(a) USD 704.88 billion

(b) USD 696.65 billion

(c) USD 691.48 billion

(d) USD 700.17 billion

(e) USD 686.50 billion

3) Why did the Reserve Bank of India (RBI) reject all bids for the 30-year sovereign green bonds in the recent auction?

(a) Bids exceeded the total issuance limit

(b) Lack of interest from institutional investors

(c) Investors demanded higher yields than acceptable

(d) The bonds were incorrectly priced

(e) RBI decided to cancel due to policy rate changes

4) Which automobile company has signed an MoU with Equitas Small Finance Bank for a vehicle financing partnership?

(a) Tata Motors

(b) Hyundai Motor India

(c) Maruti Suzuki India Limited

(d) Mahindra & Mahindra

(e) Honda Cars India

5) According to the RBI’s new directive, where can customers now update their KYC to reactivate a dormant account?

(a) Only at the RBI regional office

(b) Only through online banking

(c) Only at their home branch

(d) At any branch of their bank

(e) At government-authorized e-seva centers

6) Which Indian state has launched the first comprehensive state-level industrial reform campaign called “Udyog Kranti”?

(a) Gujarat

(b) Maharashtra

(c) Haryana

(d) Punjab

(e) Tamil Nadu

7) In FY25, India Halts Rare Earth Exports to Japan to Prioritize Domestic Needs. What is the primary rare earth element mentioned in the agreement that is vital for electric vehicle motors?

(a) Cerium

(b) Yttrium

(c) Neodymium

(d) Lanthanum

(e) Promethium

8) In 2025, Inland Fisheries Meet Calls for Collaborative Push Under Pradhan Mantri Matsya Sampada Yojana. Which of the following aquaculture technologies was NOT mentioned during the 2025 Meet as part of India’s inland fisheries strategy?

(a) Recirculatory Aquaculture System (RAS)

(b) Biofloc technology

(c) Coldwater aquaculture

(d) Saline aquaculture

(e) Integrated Rice-Fish Farming

9) Which company has partnered with the Ministry of Skill Development and Entrepreneurship (MSDE) to launch a green energy skilling initiative?

(a) Tata Power

(b) Reliance New Energy

(c) Shell India

(d) Adani Green

(e) Tesla India

10) Who is the current MD & CEO of SMFG India Credit who has announced his decision to step down?

(a) Shantanu Mitra

(b) Sanjiv Bajaj

(c) V. Vaidyanathan

(d) Rashesh Shah

(e) Hemant Kanoria

11) Who has been appointed as the new Managing Director (MD) of Sun Pharmaceutical Industries, effective September 1, 2025?

(a) Abhay Soi

(b) Kirti Ganorkar

(c) Satish Reddy

(d) Samina Hamied

(e) Kiran Mazumdar-Shaw

12) Who has been appointed as an Additional (Non-Executive Independent) Director of Tamilnad Mercantile Bank?

(a) S Srikrishna

(b) K Ramachandran

(c) R Subramanian

(d) M Narayanan

(e) T Natarajan

13) Who has been re-appointed as the MD & CEO of YES Bank with effect from October 6, 2025?

(a) Rana Kapoor

(b) Shyam Srinivasan

(c) Sashidhar Jagdishan

(d) Prashant Kumar

(e) Rakesh Sharma

14) What is the name of the new indigenous extended-range air defence system being developed by DRDO?

(a) Agni-V

(b) Kavach

(c) Prahaar

(d) Trishul

(e) Kusha

15) What is the name of the Martian volcano recently imaged by NASA’s 2001 Mars Odyssey orbiter?

(a) Olympus Mons

(b) Pavonis Mons

(c) Arsia Mons

(d) Ascraeus Mons

(e) Alba Mons

16) Whom did Suruchi Singh narrowly defeat to win the gold medal women’s 10m air pistol final at the Munich ISSF World Cup?

(a) Manu Bhaker

(b) Yao Qianxuan

(c) Camille Jedrzejewski

(d) Sift Kaur Samra

(e) Anjum Moudgil

17) Who has been appointed as the Global Ambassador for the 2025 Esports World Cup?

(a) Lionel Messi

(b) Neymar Jr.

(c) David Beckham

(d) Cristiano Ronaldo

(e) Kylian Mbappé

18) In a historic victory, South Africa defeated defending champions Australia by five wickets in the ICC World Test Championship (WTC) Final 2025 at Lord’s, London. When was the last time South Africa had won an ICC tournament before this?

(a) 2003

(b) 2010

(c) 2007

(d) 1998

(e) Never before

19) As per the news, India dominated the 2025 Taiwan Athletics Open with 16 Medals,including 12 Gold. Which countries finished second and third in the overall gold medal tally respectively?

(a) Japan and South Korea

(b) Australia and Japan

(c) China and Japan

(d) Australia and South Korea

(e) Japan and Thailand

20) Which of the following global observances were commemorated on June 15, 2025?

(a) Global Wind Day

(b) World Elder Abuse Awareness Day

(c) World Father’s Day

(d) All of the above

(e) None of the above

Answers :

1) Answer: D

Short Explanation:

The National Bank for Agriculture and Rural Development (NABARD) has received federal government approval to raise up to ₹19,500 crore ($2.3 billion) through deep-discount bonds.

Detailed Explanation:

The National Bank for Agriculture and Rural Development (NABARD) has received federal government approval to raise up to ₹19,500 crore ($2.3 billion) through deep-discount bonds.

NABARD can raise funds by issuing deep-discount zero-coupon bonds that mature in 10 years, 11 months, and 13 days, with the deadline to complete fundraising by March 2027.

Deep-discount bonds are usually issued at a discount of 20%-25% or more to their face value and do not pay regular interest (similar to zero-coupon notes).

This structure eliminates reinvestment risks because the bonds are redeemed at face value at maturity.

Since March 2025, this is the fifth time the government has allowed a state-run firm to issue deep-discount debt, and the largest amount approved so far.

Earlier in the month, the state-run Rural Electrification Corporation (REC) also received approval to issue such bonds.

All approved firms must complete their fundraising by March 2027.

2) Answer: B

Short Explanation:

India's forex reserves increased by USD 5.17 billion to USD 696.65 billion for the week ended June 6, 2025, according to the Reserve Bank of India (RBI).

Detailed Explanation:

India's forex reserves increased by USD 5.17 billion to USD 696.65 billion for the week ended June 6, 2025, according to the Reserve Bank of India (RBI).

For the previous week ended May 30, 2025, the reserves had declined by USD 1.237 billion to USD 691.485 billion.

The all-time high of India’s forex reserves was USD 704.885 billion at the end of September 2024.

Foreign Currency Assets (FCA), the major component of forex reserves, rose by USD 3.47 billion to USD 587.68 billion.

FCA values include effects of appreciation or depreciation of non-US currencies like the euro, pound, and yen.

Gold reserves increased by USD 1.58 billion to USD 85.88 billion during the week.

Special Drawing Rights (SDRs) rose by USD 102 million to USD 18.67 billion.

India’s reserve position with the IMF increased by USD 14 million to USD 4.4 billion.

3) Answer: C

Short Explanation:

The Reserve Bank of India (RBI)rejected all bids for the 30-year sovereign green bonds at the recent weekly auction due to investors demanding higher yields.

Detailed Explanation:

The Reserve Bank of India (RBI)rejected all bids for the 30-year sovereign green bonds at the recent weekly auction due to investors demanding higher yields.

RBI aimed to raise ₹5,000 crore through the auction but received:90 competitive bids worth ₹10,943.5 crore & 3 non-competitive bidstotaling₹1.24 crore

The yield on the 30-year government bond rose by 2 basis points to 7.02%.

The benchmark 10-year bond yield increased by 1 basis point to 6.36%.

Green bonds are typically favored by insurers and pension funds.

Greenium, a premium investors pay for green bonds due to their sustainability impact, was not observed in this auction, leading to bid rejection.

4) Answer: C

Short Explanation:

Maruti Suzuki India Limited (MSIL) has signed an MoU (Memorandum of Understanding) with Equitas Small Finance Bank for a strategic vehicle financing partnership.

Detailed Explanation:

Maruti Suzuki India Limited (MSIL) has signed an MoU (Memorandum of Understanding) with Equitas Small Finance Bank for a strategic vehicle financing partnership.

The partnership aims to offer comprehensive financing solutions to diverse customer profiles of Maruti Suzuki.

The collaboration will leverage the growing customer base of Equitas Small Finance Bank to benefit Maruti Suzuki customers.

5) Answer: D

Short Explanation:

The Reserve Bank of India (RBI) has issued new guidelines to reactivate bank accounts and access unclaimed deposits, giving relief to customers and heirs trying to claim forgotten assets.

KYC Update at Any Branch: Customers can now update their KYC not only at the home branch but at any branch of their bank.

Detailed Explanation:

The Reserve Bank of India (RBI) has issued new guidelines to reactivate bank accounts and access unclaimed deposits, giving relief to customers and heirs trying to claim forgotten assets.

Banks must offer more accessible options for updating Know Your Customer (KYC) information needed to reactivate a dormant account, according to the new guidelines

Updated KYC Process for Reactivating Dormant Accounts: Key Points

KYC Update at Any Branch: Customers can now update their KYC not only at the home branch but at any branch of their bank.

Video KYC Allowed: Banks are directed to facilitate Video-based Customer Identification Process (V-CIP) for reactivating inoperative accounts. This allows remote identity verification through a video call.

6) Answer: D

Short Explanation:

The Punjab government, led by CM Bhagwant Singh Mann and Arvind Kejriwal, launched the Punjab Udyog Kranti, marking India’s first state-level comprehensive industrial reform campaign.

Detailed Explanation:

The Punjab government, led by CM Bhagwant Singh Mann and Arvind Kejriwal, launched the Punjab Udyog Kranti, marking India’s first state-level comprehensive industrial reform campaign.

With 12 major reforms, the initiative aims to enhance ease of doing business, ensure time-bound industrial clearances, and attract both domestic and international investments, positioning Punjab as a competitive industrial destination.

Deemed Approval in 45 Days: Applications for industrial approvals to be cleared within 45 working days; delays will result in automatic clearance via FastTrack Portal.

FastTrack Punjab Portal: A digital single-window system allowing end-to-end processing without manual intervention.

Online Application Review: Application deficiencies to be communicated within 7 days, improving efficiency and clarity.

Self-Certification for Structural Stability: Removes dependency on external experts, simplifying building plan approvals.

7) Answer: C

Short Explanation:

India has directed its state-run minerIREL (India Rare Earths Limited) to suspend a 13-year export agreement with Japan’s Toyotsu Rare Earths India, marking a significant strategic shift amid rising global demand and supply chain uncertainties.

Export Suspension: IREL will halt shipments under the 2012 bilateral deal supplying mostly Neodymium, a rare earth used in electric vehicle (EV) motors and magnets.

Detailed Explanation:

India has directed its state-run minerIREL (India Rare Earths Limited) to suspend a 13-year export agreement with Japan’s Toyotsu Rare Earths India, marking a significant strategic shift amid rising global demand and supply chain uncertainties.

This move aims to boost domestic capacity and reduce reliance on imports, especially from China, which recently imposed export restrictions on rare earths.

Export Suspension: IREL will halt shipments under the 2012 bilateral deal supplying mostly Neodymium, a rare earth used in electric vehicle (EV) motors and magnets.

Rationale: Protect India’s rare earth reserves to meet growing domestic demand, driven by rapid EV and renewable energy expansion.

Diplomatic Note: India seeks an amicable resolution with Japan, maintaining strong bilateral ties.

8) Answer: E

Short Explanation:

The Inland Fisheries and Aquaculture Meet 2025 was held on June 13 in Indore, Madhya Pradesh, bringing together Union and State ministers, policymakers, and experts to accelerate India’s inland fisheries development under the Pradhan Mantri Matsya Sampada Yojana (PMMSY).

Strategies promoted: expanding culture areas, improving brood and seed availability, and adoption of RAS, Biofloc, coldwater, and saline aquaculture systems.

Detailed Explanation:

The Inland Fisheries and Aquaculture Meet 2025 was held on June 13 in Indore, Madhya Pradesh, bringing together Union and State ministers, policymakers, and experts to accelerate India’s inland fisheries development under the Pradhan Mantri Matsya Sampada Yojana (PMMSY).

Union Minister Rajiv Ranjan Singh highlighted the need for technology integration, production scale-up, and export growth to support India’s vision of Viksit Bharat.

Organised by the Department of Fisheries, Ministry of Fisheries, Animal Husbandry & Dairying (MoFAH&D).

Meet focused on reviewing PMMSY progress, innovation, productivity, and state-centre coordination.

Strategies promoted: expanding culture areas, improving brood and seed availability, and adoption of RAS, Biofloc, coldwater, and saline aquaculture systems.

India’s fish production grew by 142% since 2013–14, reaching 147 lakh tonnes.

The fisheries sector recorded an average annual growth of 9%, the highest among agri-allied sectors.

Livelihood support for over 3 crore people, making India the second-largest fish producer globally.

9) Answer: C

Short Explanation:

In a significant step toward clean energy goals, Shell India and the Ministry of Skill Development and Entrepreneurship (MSDE) have launched a national skilling initiative to train Indian youth in electric vehicle (EV) systems and green energy technologies.

Detailed Explanation:

In a significant step toward clean energy goals, Shell India and the Ministry of Skill Development and Entrepreneurship (MSDE) have launched a national skilling initiative to train Indian youth in electric vehicle (EV) systems and green energy technologies.

Facilitated by the Directorate General of Training (DGT), the programme supports India’s net-zero emissions vision and addresses rising demand for green-skilled manpower.

Joint initiative by Shell India, DGT, and Edunet Foundation, launched.

Focused on building a job-ready, climate-ready workforce in EV technology, battery systems, and digital diagnostics.

Training deployed across five states: Delhi-NCR, Gujarat, Maharashtra, Tamil Nadu, and Karnataka.

Advanced 240-hour EV Technician Course delivered via National Skill Training Institutes (NSTIs) at 4 centres.

Job-oriented 90-hour course at 12 ITIs, equipped with Shell-supported labs.

10) Answer: A

SMFG India Credit, a non-banking finance company (NBFC), is in the process of appointing a new Managing Director (MD) and Chief Executive Officer (CEO).

Shantanu Mitra, the current MD & CEO, has informed the board of his decision to step down by the end of this month.

Mitra’s term was originally set to end in September 2025, but his retirement is part of a planned leadership transition.

11) Answer: B

Kirti Ganorkar appointed as Managing Director of Sun Pharmaceutical Industries, effective September 1, 2025.

Ganorkar will succeed Dilip Shanghvi as MD; Shanghvi will continue as Executive Chairman of the board.

The appointment is subject to shareholder approval at the upcoming Annual General Meeting (AGM).

12) Answer: B

The Board of Tamilnad Mercantile Bank approved the appointment of K Ramachandran as an Additional (Non-Executive Independent) Director and Non-Executive Part-Time Chairman.

His appointment as Part-Time Chairman is subject to RBI approval.

The tenure for the part-time chairman role will be for three years starting from approval.

K Ramachandran has served as Executive Director at both Allahabad Bank and Indian Bank.

He played a key role in the successful amalgamation of Allahabad Bank with Indian Bank.

13) Answer: D

The Reserve Bank of India (RBI) has approved the re-appointment of Prashant Kumar as Managing Director (MD) and Chief Executive Officer (CEO) of YES Bank for six months effective October 6, or till a new MD, CEO takes charge, whichever is earlier.

Normally, the RBI approves a three-year term for bank heads, but this is a shorter-term extension.

The shorter extension follows a recent event where Japanese lender Sumitomo Mitsui Banking Corporation (SMBC) entered into a definitive agreement to acquire a 20% stake in YES Bank.

14) Answer: E

Short Explanation:

Defence Research and Development Organisation (DRDO) is developing three variants of Project Kusha.

The phased induction of Project Kusha into the Armed Forces is expected to be completed by around 2030.

Detailed Explanation:

Defence Research and Development Organisation (DRDO) is developing three variants of Project Kusha.

The phased induction of Project Kusha into the Armed Forces is expected to be completed by around 2030.

Kusha M1: Equipped with short-range missile systems to intercept incoming threats including aircraft and missiles.

Kusha M2: Armed with medium-range surface-to-air missiles (MRSAM).

Kusha M3: Has a strike range exceeding 400 km.

The Extended Range Air Defence System (ERADS) Kusha is promoted as an indigenous alternative to Russia’s S-500 missile system.

DRDO claims Kusha will surpass the capabilities of the S-400 system currently operated by the Indian Air Force (IAF).

Kusha is designed to provide multi-layered spatial protection.One system can launch multiple interceptor missiles to cover a range of 100 to 200 km against a variety of aerial threats.

15) Answer: C

Short Explanation:

The National Aeronautics and Space Administration (NASA’s) 2001 Mars Odyssey orbiter captured a stunning image of a 20-kilometer-high volcano on Mars called Arsia Mons.

The image was taken from the upper atmosphere at dawn, showing a green haze with Arsia Mons visible through clouds.

Arsia Mons stands roughly twice as tall as Earth’s tallest volcano, Mauna Loa in Hawaii, which rises 9 kilometers above the seafloor.

Detailed Explanation:

The National Aeronautics and Space Administration (NASA’s) 2001 Mars Odyssey orbiter captured a stunning image of a 20-kilometer-high volcano on Mars called Arsia Mons.

The image was taken from the upper atmosphere at dawn, showing a green haze with Arsia Mons visible through clouds.

Arsia Mons stands roughly twice as tall as Earth’s tallest volcano, Mauna Loa in Hawaii, which rises 9 kilometers above the seafloor.

The summit caldera of Arsia Mons is about 120 kilometers wide, making it larger than many Earth volcanoes.

The image was taken on May 2 using the Thermal Emission Imaging System (THEMIS).

Arsia Mons is the southernmost and cloudiest of the Tharsis volcanoes on Mars.

The Mars Odyssey orbiter, launched in 2001, is the longest-running mission orbiting another planet.

16) Answer: C

Short Explanation:

Indian teenager Suruchi Singh continued her remarkable debut season by winning gold in the women’s 10m air pistol final at the Munich ISSF World Cup, shooting 241.9 to edge out France’s Camille Jedrzejewski by 0.2 points.

Detailed Explanation:

Indian teenager Suruchi Singh continued her remarkable debut season by winning gold in the women’s 10m air pistol final at the Munich ISSF World Cup, shooting 241.9 to edge out France’s Camille Jedrzejewski by 0.2 points.

Hat-trick of Golds: Victories in Buenos Aires, Lima, and now Munichmark her first three World Cup appearances.

Podium Rivals: Camille Jedrzejewski claimed silver (241.7); Yao Qianxuan took bronze (221.7).

India’s First Gold at This Stage: Breaks the medal drought after earlier bronzes by Anjum Moudgil and Sift Kaur Samra.

17) Answer: D

Short Explanation:

Football legend Cristiano Ronaldo has been named Global Ambassador by the Esports World Cup Foundation for the 2025 Esports World Cup in Riyadh, Saudi Arabia (July 7–August 24, 2025).

Detailed Explanation:

Football legend Cristiano Ronaldo has been named Global Ambassador by the Esports World Cup Foundation for the 2025 Esports World Cup in Riyadh, Saudi Arabia(July 7–August 24, 2025).

This landmark partnership underscores the growing synergy between traditional sports and competitive gaming.

Ambassador Role: Ronaldo will promote esports globally, inspiring the next generation of gamers.

Event Scale: Features 2,000 elite players and 200 clubs from 100+ countries, across 25 tournaments in 24 games.

18) Answer: D

Short Explanation:

In a historic victory, South Africa defeated defending champions Australia by five wickets in the ICC World Test Championship (WTC) Final 2025 at Lord’s, London, ending a 27-year wait for a global cricket title.

The win was powered by Aiden Markram’s match-winning century and Temba Bavuma’s astute captaincy, making it South Africa’s first-ever ICC trophy.

First ICC title for South Africa since 1998, marking a major breakthrough in world cricket.

Detailed Explanation:

In a historic victory, South Africa defeated defending champions Australia by five wickets in the ICC World Test Championship (WTC) Final 2025 at Lord’s, London, ending a 27-year wait for a global cricket title.

The win was powered by Aiden Markram’s match-winning century and Temba Bavuma’s astute captaincy, making it South Africa’s first-ever ICC trophy.

First ICC title for South Africa since 1998, marking a major breakthrough in world cricket.

Final Score Summary:

Australia 1st Innings: 212 (Steve Smith, Beau Webster – fifties; Kagiso Rabada – 5 wickets)

South Africa 1st Innings: 138 (Pat Cummins – 6 wickets)

Australia 2nd Innings: 207

South Africa 2nd Innings: 282/5 (Target: 282)

Aiden Markram scored 136, anchoring the successful chase with a fourth-innings century.

Captain Temba Bavuma contributed a vital half-century in the chase and led from the front throughout the match.

19) Answer: B

India emerged as the top-performing nation at the 2025 Taiwan Athletics Open, held from June 7–8 at Taipei Municipal Stadium, with a record-breaking medal haul of 16 medals (12 Gold, 3 Silver, 1 Bronze).

Indian athletes excelled across sprint, hurdles, relay, and field events, setting multiple championship records.

India topped the overall medal tally, ahead of Australia (7 Gold) and Japan (3 Gold).

20) Answer: D

Global Wind Day 2025 is observed all over the world on 15th June.

On June 15th, every year the world commemorates World Elder Abuse Awareness Day.

2025 Theme: Addressing Abuse of Older Adults in Long Term Care Facilities: Through Data and Action

On June 15th, 2025, World Fathers’ Day 2025 is celebrated all over the world to acknowledge and appreciate the role of fathers who play a very important role in our families, and in society at large. World Fathers’ Day is celebrated globally on the 3rd Sunday of June every year.