Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 15th November 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) The Department of Financial Services (DFS) Secretary M. Nagaraju recently reviewed the H1 FY 2025–26 performance of Public Sector Banks (PSBs). According to the review, what was the net profit reported by PSBs during this period?

(a) ₹75,240 crore

(b) ₹93,675 crore

(c) ₹81,950 crore

(d) ₹1,02,320 crore

(e) ₹89,110 crore

2) During Co-op Kumbh 2025, the RBI imposed monetary penalties on three co-operative banks. Which bank was fined ₹2 lakh for violating Section 20 of the Banking Regulation Act, 1949, relating to loans to directors or related parties?

(a) Karaikudi Co-operative Town Bank, Tamil Nadu

(b) District Co-operative Central Bank, Eluru (AP)

(c) Mumbai District Central Co-operative Bank, Maharashtra

(d) Nashik District Central Co-operative Bank, Maharashtra

(e) Salem Urban Co-operative Bank, Tamil Nadu

3) Which life insurance company has formed a strategic distribution partnership with Muthoot Microfin Limited to expand life insurance access across India?

(a) Ageas Federal Life Insurance

(b) ICICI Prudential Life Insurance

(c) HDFC Life Insurance

(d) Max Life Insurance

(e) Tata AIA Life Insurance

4) As per the news, Federal Bank recently launched its cultural initiative ‘Bharat Surotsav’. Where will the inaugural edition of this festival be held on 22 November 2025?

(a) Mumbai

(b) New Delhi

(c) Kolkata

(d) Chennai

(e) Bengaluru

5) According to Moody’s Ratings’ report “Global Macro 2026”, what is the projected GDP growth rate for India in 2025?

(a) 6.0%

(b) 6.4%

(c) 6.5%

(d) 7.0%

(e) 7.2%

6) In news, PhonePe Limited recently announced a strategic collaboration with which organisation to boost ChatGPT adoption in India and enhance the digital user experience?

(a) Google DeepMind

(b) Amazon Web Services

(c) Microsoft India

(d) Infosys

(e) OpenAI

7) Under the Access and Benefit Sharing (ABS) mechanism, the National Biodiversity Authority (NBA) released ₹29.40 lakh to which state's Forest Department for the conservation of Red Sanders?

(a) Andhra Pradesh

(b) Karnataka

(c) Tamil Nadu

(d) Odisha

(e) Kerala

8) Who co-chaired the 7th India–Canada Ministerial Dialogue on Trade and Investment (MDTI) held in New Delhi along with Canada’s Minister Maninder Sidhu?

(a) Nirmala Sitharaman

(b) S. Jaishankar

(c) Piyush Goyal

(d) Hardeep Singh Puri

(e) Rajnath Singh

9) During the Golden Jubilee celebrations of the New Mangalore Port Authority, how many development projects worth ₹1,500 crore were launched by Union Minister Sarbananda Sonowal?

(a) 10

(b) 12

(c) 15

(d) 18

(e) 20

10) Where was the 1st Regional Conference of Heads of Anti-Narcotics Task Force of the eight North Eastern States and West Bengal inaugurated?

(a) Chümoukedima, Nagaland

(b) Shillong, Meghalaya

(c) Agartala, Tripura

(d) Guwahati, Assam

(e) Imphal, Manipur

11) Who will inaugurate the 13th International Tourism Mart (ITM) for the North Eastern Region in Gangtok, Sikkim?

(a) Pema Khandu

(b) Prem Singh Tamang

(c) Gajendra Singh Shekhawat

(d) Kiren Rijiju

(e) Sarbananda Sonowal

12) By how much has India’s TB incidence reduced between 2015 and 2024, according to recent data highlighted by PM Narendra Modi?

(a) 12%

(b) 15%

(c) 18%

(d) 21%

(e) 25%

13) As per the news, Pushpinder S. Puniha, Chairperson of the Consultative Group on Tax Policy at NITI Aayog, has recently joined the Advisory Board of which global supply chain consulting and training firm?

(a) Deloitte

(b) McKinsey & Company

(c) KPMG

(d) Ernst & Young

(e) Blue Ocean Corporation

14) Who has been appointed as the new Managing Director (MD) and Chief Executive Officer (CEO) of Power Exchange India Limited (PXIL) effective 10 November 2025?

(a) Satyajit Ganguly

(b) Vivek Singla

(c) Ajay Bhatt

(d) R. K. Sharma

(e) Manish Kumar

15) In news, Swan Defence and Heavy Industries Limited (SDHI) signed an LoI with Redereit Stenersen AS of Norway to build how many IMO Type II chemical tankers in the initial agreement?

(a) 4

(b) 5

(c) 6

(d) 8

(e) 10

16) As per the news, C-DOT has partnered with NAM InfoCom Pvt. Ltd. to jointly develop an indigenous Mission Critical Communication System (MCX). The MCX solution is being developed as per which international standards?

(a) ISO

(b) IEEE

(c) ITU

(d) 3GPP

(e) BIS

17) The Telecommunication Engineering Centre (TEC) signed an MoU with SRM Institute of Science & Technology (SRMIST) to strengthen India’s participation in which major global telecom standardisation bodies?

(a) IEEE

(b) 3GPP

(c) ITU-T, ITU-D, and ITU-R

(d) ETSI

(e) W3C

18) In news, India and Nepal recently signed a Letter of Exchange (LoE) to amend the Protocol to the India–Nepal Treaty of Transit. The amendment enables direct rail movement of cargo through which rail corridor?

(a) Jogbani–Biratnagar

(b) Raxaul–Birgunj

(c) Jaynagar–Janakpur

(d) Nautanwa–Sunauli

(e) Siliguri–Kakarbhitta

19) As per the news, Banas Dairy signed an MoU with which organisation to strengthen India’s potato value chain under the “Sahakar se Samriddhi” vision?

(a) National Dairy Development Board (NDDB)

(b) Bharatiya Beej Sahakari Samiti Limited (BBSSL)

(c) Central Warehousing Corporation (CWC)

(d) Indian Council of Agricultural Research (ICAR)

(e) National Horticulture Board (NHB)

20) The IICA (Indian Institute of Corporate Affairs)–WNS Ybrant CSR, ESG & Sustainability Program launched on 11 November 2025 is designed to run for how long?

(a) Three months

(b) Four months

(c) Five months

(d) Six months

(e) Nine months

21) In news, Indian Space Research Organisation (ISRO) recently conducted a successful Main Parachute test for the Gaganyaan Crew Module as part of the Integrated Main Parachute Airdrop Tests (IMAT)series. At which location was this test carried out?

(a) Sriharikota, Andhra Pradesh

(b) Chandipur, Odisha

(c) Babina Field Firing Range, Jhansi, Uttar Pradesh

(d) Mahendragiri, Tamil Nadu

(e) Thumba, Kerala

22) As per the news, SoftBank Group recently sold its entire stake in which major tech company, earning $5.8 billion ahead of new AI-focused investments?

(a) AMD

(b) Intel

(c) Broadcom

(d) Qualcomm

(e) Nvidia

23) Which city will host the 22nd All India Annual TDS Conference organized by the Central Board of Direct Taxes (CBDT)?

(a) New Delhi

(b) Bhopal

(c) Bengaluru

(d) Mumbai

(e) Hyderabad

24) What is India’s projected inflation rate for 2026 according to the latest estimates?

(a) 2.5%

(b) 3.0%

(c) 3.5%

(d) 4.0%

(e) 4.5%

25) In news, Kyongnosla Alpine Sanctuary, known for its rare high-altitude flora such as rhododendrons and Himalayan blue poppy, is located in which Indian state?

(a) Arunachal Pradesh

(b) Sikkim

(c) Himachal Pradesh

(d) Uttarakhand

(e) Jammu & Kashmir

Answers :

1) Answer: B

Short Explanation:

Detailed Explanation:

The Secretary of Department of Financial Services (DFS) M. Nagaraju reviewed the H1 FY 2025–26 performance of PSBs (Public Sector Banks), assessing financial indicators, asset quality, recoveries, digital initiatives, and government scheme implementation.

PSBs reported ₹93,675 crore net profit, 12.3% advances growth, 9.6% deposit growth, and lowered Gross NPAs to 2.30% and Net NPAs to 0.45%, showing strong profitability and asset quality improvement.

Banks were advised to strengthen low-cost deposit mobilisation and increase credit flow to MSME and agriculture sectors, alongside better risk management, underwriting standards, and operational resilience.

2) Answer: C

Short Explanation:

The Reserve Bank of India (RBI) imposedmonetary penalties on three co-operative banks for regulatory non-compliance, signalling stricter supervision during Co-op Kumbh 2025.

Mumbai District Central Co-operative Bank, Maharashtra fined ₹2 lakh for violating Section 20 of the Banking Regulation Act, 1949, which prohibits loans to directors/related parties.

Detailed Explanation:

The Reserve Bank of India (RBI) imposedmonetary penalties on three co-operative banks for regulatory non-compliance, signalling stricter supervision during Co-op Kumbh 2025.

Mumbai District Central Co-operative Bank, Maharashtra fined ₹2 lakh for violating Section 20 of the Banking Regulation Act, 1949, which prohibits loans to directors/related parties.

Karaikudi Co-operative Town Bank, Tamil Nadu fined ₹1.5 lakh for violating capital adequacy norms and KYC guidelines, both essential for financial stability and anti–money laundering compliance.

District Co-operative Central Bank, Eluru (AP) fined ₹50,000 for KYC violations under Section 47A(1)(c) read with Sections 46(4)(i) & 56 of the Banking Regulation Act.

3) Answer: A

Ageas Federal Life Insurance formed a strategic distribution partnership with Muthoot Microfin Limited to expand life insurance access across India.

4) Answer: D

Short Explanation:

Federal Bank launched its cultural initiative ‘Bharat Surotsav’ by unveiling the festival poster in Chennai, Tamil Nadu.

The inaugural Bharat Surotsav will be held on 22 November 2025 at the Madras Music Academy, celebrating India’s musical heritage.

Detailed Explanation:

Federal Bank launched its cultural initiative ‘Bharat Surotsav’ by unveiling the festival poster in Chennai, Tamil Nadu.

The inaugural Bharat Surotsav will be held on 22 November 2025 at the Madras Music Academy, celebrating India’s musical heritage.

Bharat Surotsav is a cultural Intellectual Property (IP) of Federal Bank, designed as an immersive dance and music fusion festival highlighting India’s artistic heritage.

The objective is to bring together iconic performers and contemporary sounds, promoting regional pride and cultural connection through a multi-city festival series.

5) Answer: D

Short Explanation:

Moody’s Ratings released its report “Global Macro 2026”, projecting India’s GDP growth at around 6.5% through 2027.

Detailed Explanation:

Moody’s Ratings released its report “Global Macro 2026”, projecting India’s GDP growth at around 6.5% through 2027.

India’s GDP is estimated to grow 7% in 2025 and 6.4% in 2026, indicating sustained economic strength.

The report projects global GDP growth at 2.5%–2.6% in 2026–27, down from 2.6% in 2025 and 2.9% in 2024.

6) Answer: E

PhonePe Limited announced a strategic collaboration with OpenAI to boost ChatGPT adoption in India and enhance digital user experience.

The partnership aims to showcase the value of consumer AI in India and drive mutual business growth.

7) Answer: D

Short Explanation:

The National Biodiversity Authority (NBA) has released ₹29.40 lakh to the Odisha Forest Department under the Access and Benefit Sharing (ABS) mechanism for the conservation of Red Sanders (Pterocarpus santalinus).

Detailed Explanation:

The National Biodiversity Authority (NBA) has released ₹29.40 lakh to the Odisha Forest Department under the Access and Benefit Sharing (ABS) mechanism for the conservation of Red Sanders (Pterocarpus santalinus).

The ABS amount was generated from benefit-sharing linked to Red Sanders wood logs sourced from the Parlakhemundi Forest Division, Gajapati District, Odisha.

These trees, over 100 years old, were originally planted by the Maharaja of Parlakhemundi and had naturally fallen during the 2018 cyclone.

The Odisha Forest Development Corporation later auctioned the fallen Red Sanders wood, generating ABS funds.

8) Answer: C

Short Explanation:

Union Commerce & Industry Minister Piyush Goyal and Canada’s Minister of Export Promotion, International Trade & Economic Development Maninder Sidhu co-chaired the 7th India–Canada Ministerial Dialogue on Trade and Investment (MDTI) in New Delhi.

Detailed Explanation:

Union Commerce & Industry Minister Piyush Goyal and Canada’s Minister of Export Promotion, International Trade & Economic Development Maninder Sidhu co-chaired the 7th India–Canada Ministerial Dialogue on Trade and Investment (MDTI) in New Delhi.

The meeting aimed to renew and strengthen bilateral trade and investment ties, aligned with the Joint Statement “Renewing Momentum towards a Stronger Partnership” which identifies trade as a key pillar of economic cooperation.

Ministers reaffirmed the strong India–Canada partnership based on shared democratic values, cultural diversity, and economic complementarities.

They highlighted the role of the Indian diaspora (2.9 million) and over 4.27 lakh Indian students in Canada, who contribute significantly to both economies and deepen bilateral linkages.

9) Answer: E

Short Explanation:

Union Minister Sarbananda Sonowal stated that the Central Government is committed to modernising and developing all ports across India.

During the Golden Jubilee celebrations of the New Mangalore Port Authority in Mangaluru, he launched 20 development projects worth ₹1,500 crore.

Detailed Explanation:

Union Minister Sarbananda Sonowal stated that the Central Government is committed to modernising and developing all ports across India.

During the Golden Jubilee celebrations of the New Mangalore Port Authority in Mangaluru, he launched 20 development projects worth ₹1,500 crore.

Sonowal highlighted that the capacity of major ports has increased significantly due to digitalisation and modernisation, with New Mangalore Port growing from handling 90,000 tonnes earlier to 46 million tonnes now.

Union Minister for Renewable Energy Prahlad Joshi noted that India has become the world’s fourth-largest economic power, and a transformational shift is taking place under the vision of Viksit Bharat.

10) Answer: A

Short Explanation:

The 1st Regional Conference of Heads of Anti-Narcotics Task Force of the eight North Eastern States, along with West Bengal, began at the Nagaland Police Complex, Chümoukedima.

Detailed Explanation:

The 1st Regional Conference of Heads of Anti-Narcotics Task Force of the eight North Eastern States, along with West Bengal, began at the Nagaland Police Complex, Chümoukedima.

The two-day conference is hosted by Nagaland Police in coordination with the Narcotics Control Bureau (NCB) under the national mission ‘Nasha Mukt Bharat’.

The conference focuses on supply reduction, enforcement, rehabilitation, and de-addiction to combat drug abuse.

Nagaland DGP Rupin Sharma highlighted the North East as a critical front in India’s anti-drug efforts and emphasized challenges specific to the region.

11) Answer: C

Short Explanation:

Union Tourism & Culture Minister Gajendra Singh Shekhawat is set to inaugurate the 13th International Tourism Mart (ITM) for the North Eastern Region in Gangtok, Sikkim.

Detailed Explanation:

Union Tourism & Culture Minister Gajendra Singh Shekhawat is set to inaugurate the 13th International Tourism Mart (ITM) for the North Eastern Region in Gangtok, Sikkim.

Sikkim Chief Minister Prem Singh Tamang, Arunachal Pradesh Chief Minister Pema Khandu, and Tourism Ministers of all North Eastern States will participate in the programme.

The International Tourism Mart is the annual flagship event of the Ministry of Tourism aimed at showcasing the tourism potential of India’s North Eastern Region.

12) Answer: D

Short Explanation:

India’s TB incidence dropped by 21% from 237 per lakh (2015) to 187 per lakh (2024), nearly double the global decline of 12%; PM Narendra Modi termed it a “remarkable momentum” toward a TB-Mukt Bharat.

Detailed Explanation:

India’s TB incidence dropped by 21% from 237 per lakh (2015) to 187 per lakh (2024), nearly double the global decline of 12%; PM Narendra Modi termed it a “remarkable momentum” toward a TB-Mukt Bharat.

TB mortality (HIV-negative cases) reduced from 28 per lakh (2015) to 21 per lakh (2024).

Treatment coverage reached 92%, among the highest globally; treatment success rate improved to 90%, surpassing the global average of 88%.

Missing TB cases fell sharply from 15 lakh (2015) to less than 1 lakh (2024).

Rifampicin-resistance testing coverage stands at 92%, ahead of the global average of 83%.

13) Answer: E

Short Explanation:

Pushpinder S. Puniha, Chairperson of the Consultative Group on Tax Policy at NITI Aayog, joined the Advisory Board of UK-based Blue Ocean Corporation, a global leader in supply chain consulting and training.

Detailed Explanation:

Pushpinder S. Puniha, Chairperson of the Consultative Group on Tax Policy at NITI Aayog, joined the Advisory Board of UK-based Blue Ocean Corporation, a global leader in supply chain consulting and training.

The appointment supports Blue Ocean’s plan to expand in India and align with national priorities in tax reforms, supply chain modernization, and skill development.

He is a public-policy expert with 30+ years of experience in fiscal management, governance, and tax policy.

He co-edited the book “Reimagining Institutions: Collaborative Pathways to Social Development in India,” focusing on innovative governance and institutional reform.

14) Answer: B

Power Exchange India Limited (PXIL) appointed Vivek Singla as its new Managing Director (MD) and Chief Executive Officer (CEO), effective 10 November 2025.

He succeeds Satyajit Ganguly, who held the position since June 2023.

15) Answer: C

Short Explanation:

The Swan Defence and Heavy Industries Limited (SDHI) signed a Letter of Intent (LoI) with Redereit Stenersen AS of Norway to build six IMO Type II chemical tankers worth USD 220 million.

Detailed Explanation:

The Swan Defence and Heavy Industries Limited (SDHI) signed a Letter of Intent (LoI) with Redereit Stenersen AS of Norway to build six IMO Type II chemical tankers worth USD 220 million.

The agreement includes an option for six additional vessels, raising the total project value to USD 400 million.

Each vessel will have 18,000 Deadweight Tonnage (DWT) and will be constructed at SDHI’s shipyard in Pipavav, Gujarat.

16) Answer: D

Short Explanation:

C-DOT has signed an agreement with NAM InfoComPvt. Ltd. to jointly develop an indigenous Mission Critical Communication System (MCX), strengthening India’s secure public safety and emergency response communication network.

The MCX solution is developed as per 3GPP standards, supporting:

Mission Critical Push-to-Talk (MCPTT)

Mission Critical Data (MCData)

Mission Critical Video (MCVideo)

Detailed Explanation:

C-DOT has signed an agreement with NAM InfoComPvt. Ltd. to jointly develop an indigenous Mission Critical Communication System (MCX), strengthening India’s secure public safety and emergency response communication network.

The collaboration is part of C-DOT’s MCX Alliance, which currently involves 10 partner organizations, mainly startups, to build a complete MCX ecosystem.

The MCX solution is developed as per 3GPP standards, supporting:

Mission Critical Push-to-Talk (MCPTT)

Mission Critical Data (MCData)

Mission Critical Video (MCVideo)

17) Answer: C

Short Explanation:

The Telecommunication Engineering Centre (TEC) under the DoT has signed an MoU with SRM Institute of Science & Technology (SRMIST) to collaborate on joint studies, research and global telecom standardisation.

The collaboration focuses on developing India-specific standards, test frameworks, and strengthening India’s participation in ITU-T, ITU-D, ITU-R and other global standardisation bodies.

Detailed Explanation:

The Telecommunication Engineering Centre (TEC) under the DoT has signed an MoU with SRM Institute of Science & Technology (SRMIST) to collaborate on joint studies, research and global telecom standardisation.

The collaboration focuses on developing India-specific standards, test frameworks, and strengthening India’s participation in ITU-T, ITU-D, ITU-R and other global standardisation bodies.

The MoU was signed by Shri Amit Kumar Srivastava (DDG – Mobile Technologies, TEC) and Dr. S. Ponnusamy (Registrar, SRMIST) in the presence of TEC and SRMIST leadership at SRMIST Kattankulathur, Chengalpattu.

The partnership forms a formal framework for joint research in next-generation telecom technologies and indigenous standardisation efforts.

18) Answer: A

Short Explanation:

India and Nepal signed a Letter of Exchange (LoE) to amend the Protocol to the India–Nepal Treaty of Transit, aiming to boost bilateral trade and regional connectivity.

The LoE allows direct rail movement of containerized and bulk cargo via the Jogbani–Biratnagar rail corridor, strengthening Nepal’s access to Indian ports and global markets.

Detailed Explanation:

India and Nepal signed a Letter of Exchange (LoE) to amend the Protocol to the India–Nepal Treaty of Transit, aiming to boost bilateral trade and regional connectivity.

The LoE allows direct rail movement of containerized and bulk cargo via the Jogbani–Biratnagar rail corridor, strengthening Nepal’s access to Indian ports and global markets.

The liberalized transit rules now apply to major Indian ports including Kolkata and Visakhapatnam, enabling smoother multimodal cargo movement through Jogbani and Nautanwa (Sunauli).

19) Answer: B

Short Explanation:

Banas Dairy and Bharatiya Beej Sahakari Samiti Limited (BBSSL) signed an MoU in New Delhi to strengthen India’s potato value chain, aligning with the “Sahakar se Samriddhi” vision that promotes cooperation among cooperatives for rural prosperity.

Detailed Explanation:

Banas Dairy and Bharatiya Beej Sahakari Samiti Limited (BBSSL) signed an MoU in New Delhi to strengthen India’s potato value chain, aligning with the “Sahakar se Samriddhi” vision that promotes cooperation among cooperatives for rural prosperity.

The partnership aims to build a robust seed-to-market potato ecosystem, improving productivity and farmer incomes.

The MoU focuses on:

Production of certified, disease-free seed potatoes

Adoption of scientific cultivation methods

Promotion of contract farming

Stronger market linkages for farmers

Banas Dairy, part of the Amul cooperative network, will support with technical expertise, tissue culture laboratories, aeroponic systems, and market/logistics assistance under its “Beyond Dairy” initiative.

20) Answer: D

Short Explanation:

IICA (Indian Institute of Corporate Affairs) and WNS Global Services launched the IICA–WNS Ybrant CSR, ESG & Sustainability Program on 11 November 2025 to promote sustainability-focused leadership.

The six-month program features 22.5 hours of academic sessions and 18 hours of fieldwork, covering 15 modules on CSR (Corporate Social Responsibility), ESG (Environmental, Social, and Governance), sustainability, impact assessment, and governance.

Detailed Explanation:

IICA (Indian Institute of Corporate Affairs) and WNS Global Services launched the IICA–WNS Ybrant CSR, ESG & Sustainability Program on 11 November 2025 to promote sustainability-focused leadership.

Shri Gyaneshwar Kumar Singh highlighted the program as a major step toward developing sustainability-driven and socially responsible leaders.

The six-month program features 22.5 hours of academic sessions and 18 hours of fieldwork, covering 15 modules on CSR (Corporate Social Responsibility), ESG (Environmental, Social, and Governance), sustainability, impact assessment, and governance.

21) Answer: C

Short Explanation:

The Indian Space Research Organisation (ISRO) successfully conducted a Main Parachute test for the Gaganyaan Crew Module at Babina Field Firing Range, Jhansi, Uttar Pradesh (UP), as part of Integrated Main Parachute Airdrop Tests (IMAT).

The test validated the parachute system, crucial for the safe landing of astronauts during re-entry and touchdown of India’s maiden human spaceflight mission.

A simulated Crew Module mass was dropped from 2.5 km altitude using IAF’s Ilyushin (IL)-76 aircraft.

Detailed Explanation:

The Indian Space Research Organisation (ISRO) successfully conducted a Main Parachute test for the Gaganyaan Crew Module at Babina Field Firing Range, Jhansi, Uttar Pradesh (UP), as part of Integrated Main Parachute Airdrop Tests (IMAT).

The test validated the parachute system, crucial for the safe landing of astronauts during re-entry and touchdown of India’s maiden human spaceflight mission.

A simulated Crew Module mass was dropped from 2.5 km altitude using IAF’s Ilyushin (IL)-76 aircraft.

The parachute system consists of 10 parachutes of 4 types: 2 Apex Cover Separation Parachutes, 2 Drogue Parachutes, and 3 Pilot Parachutes deploying 3 Main Parachutes for deceleration and safe touchdown. (The system has redundancy: two of the three main parachutes are sufficient for a safe landing).

The test simulated an asymmetric dis-reefing, where one main parachute opened with a delay to assess structural integrity under uneven load (a critical load scenario).

22) Answer: E

Short Explanation:

SoftBank Group sold its entire Nvidia stake, earning $5.8 billion, ahead of new AI-focused investments planned by Masayoshi Son.

Detailed Explanation:

SoftBank Group sold its entire Nvidia stake, earning $5.8 billion, ahead of new AI-focused investments planned by Masayoshi Son.

The company had earlier raised its Nvidia investment to $3 billion by March, contributing to a record ¥2.5 trillion (₹16.2 billion) profit in fiscal Q2, far above analyst estimates.

SoftBank announced a 4-for-1 stock split, effective January 1, 2026.

23) Answer: B

Short Explanation:

Bhopal will host the 22nd All India Annual TDS Conference, bringing together top tax administrators from across India.

The conference is organized by the Central Board of Direct Taxes (CBDT) to review policy changes, discuss compliance mechanisms, and explore digital innovations in the tax ecosystem.

Detailed Explanation:

Bhopal will host the 22nd All India Annual TDS Conference, bringing together top tax administrators from across India.

The conference is organized by the Central Board of Direct Taxes (CBDT) to review policy changes, discuss compliance mechanisms, and explore digital innovations in the tax ecosystem.

The inaugural session will be led by the Chairman of CBDT and senior board members overseeing assessment, compliance, and systems development.

Participants include Principal Chief Commissioners, Chief Commissioners of Income Tax, Directors General, and senior TDS officers from various income tax zones.

Key discussions will focus on amendments to the Income Tax Act, 2025, covering revised TDS provisions, increased reporting thresholds, and updated compounding guidelines.

24) Answer: C

India’s inflation rate is projected at 3.5% in 2026 and 4% in 2027.

India’s economy remained resilient despite global headwinds and 50% U.S. tariffs on select products; exports grew 6.75% in September 2025, though shipments to the U.S. dropped 11.9%.

25) Answer: B

About Sikkim:

Chief Minister: Prem Singh Tamang

Governor: Om Prakash Mathur

Capital: Gangtok

National Parks: Khangchendzonga National Park

Wildlife Sanctuaries: FambongLho Wildlife Sanctuary, Kyongnosla Alpine Sanctuary, Maenam Wildlife Sanctuary