Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 17th May 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) What is the name of the newly launched suite of Current Account offerings by HDFC Bank?

(a) SmartBiz

(b) Current Plus

(c) Biz+

(d) BizCare

(e) EasyBiz

2) What was the unemployment rate in India in April 2025, as per the first monthly Periodic Labour Force Survey (PLFS)?

(a) 5.1%

(b) 4.5%

(c) 6.3%

(d) 7.3%

(e) 3.9%

3) Recently, the Reliance Industries (RIL) secured a dual-currency offshore loan worth how much, marking the largest such loan by an Indian company in over a year?

(a) $1.8 billion

(b) $2.9 billion

(c) $3.5 billion

(d) $2.4 billion

(e) $4.1 billion

4) According to the United Nations’ WESP Mid-Year Report, what is India’s projected GDP growth rate for FY 2024-25?

(a) 5.9%

(b) 6.1%

(c) 6.3%

(d) 6.5%

(e) 6.7%

5) By how much did India’s merchandise imports grow in April 2025 compared to the previous year?

(a) 9%

(b) 13.7%

(c) 16.5%

(d) 19.1%

(e) 21%

6) How much is the Indian Railway Finance Corporation (IRFC) approved to raise through deep-discount bonds?

(a) $800 million

(b) $950 million

(c) $1.60 billion

(d) $1.45 billion

(e) $1.17 billion

7) What is the estimated cost of the Wayanad township project approved for landslide rehabilitation?

(a) ₹295.75 crore

(b) ₹312.60 crore

(c) ₹341.40 crore

(d) ₹367.89 crore

(e) ₹351.48 crore

8) What is the current global price of di-ammonium phosphate (DAP) as of May 2025?

(a) $590/tone

(b) $610/tone

(c) $628/tone

(d) $652/tone

(e) $670/tone

9) Under the India-EU Trade and Technology Council, what is the approximate joint investment amount for research and innovation initiatives?

(a) ₹391 crore

(b) ₹320 crore

(c) ₹350 crore

(d) ₹450 crore

(e) ₹510 crore

10) Which DRDO laboratory developed the indigenous nanoporous multilayered polymeric membrane for seawater desalination?

(a) Defence Bioengineering and Electromedical Laboratory (DEBEL)

(b) Defence Materials Stores and Research & Development Establishment (DMSRDE)

(c) Defence Electronics Research Laboratory (DLRL)

(d) Defence Research and Development Laboratory (DRDL)

(e) Research & Development Establishment (R&DE)

11) What is the primary purpose of the Femto-LASIK Suite at the Army Hospital?

(a) Treatment of cardiac diseases

(b) Customised laser treatment for spectacle removal

(c) Advanced orthopedic surgeries

(d) Kidney transplant procedures

(e) Cancer radiation therapy

12) Which state emerged as the overall champion in Khelo India Youth Games 2025?

(a) Maharashtra

(b) Rajasthan

(c) Haryana

(d) Karnataka

(e) Uttar Pradesh

13) How many years had Bologna waited to win the Italian Cup again?

(a) 45 years

(b) 48 years

(c) 50 years

(d) 51 years

(e) 53 years

14) During which Test match did Sunil Gavaskar become the first player in Test cricket history to reach 10,000 runs?

(a) 1987 Ahmedabad Test against Pakistan

(b) 1985 Mumbai Test against England

(c) 1983 Kolkata Test against West Indies

(d) 1980 Chennai Test against Australia

(e) 1986 Delhi Test against New Zealand

15) What is a deep-discount bond?

(a) A bond that pays high interest at frequent intervals

(b) A bond issued at face value with annual coupons

(c) A bond issued at a discount and pays no regular interest

(d) A bond that offers floating interest rates

(e) A short-term bond with monthly repayments

16) What is the tagline of HDFC Bank?

(a) "Aapka Bhala, Sabse Bada"

(b) "We understand your world"

(c) "Banking on You"

(d) "Trusted Partner in Growth"

(e) "Har Kadam Saath"

17) Who announced in the Legislative Assembly the formation of a high-level committee to review Centre-State relations in April 2025?

(a) Narendra Modi

(b) M.K. Stalin

(c) Mamata Banerjee

(d) Arvind Kejriwal

(e) Nitish Kumar

18) Who is the current Director of the Financial Intelligence Unit (FIU)?

(a) Rajiv Kumar

(b) Vivek Aggarwal

(c) Ajay Bhushan Pandey

(d) Shaktikanta Das

(e) Nirmala Sitharaman

19) In March 2025, SEBI lowered the minimum investment amount in the Social Stock Exchange (SSE) to what value?

(a) ₹500

(b) ₹100

(c) ₹5,000

(d) ₹1000

(e) ₹10,000

20) What is the primary focus of the Small Industries Development Bank of India (SIDBI)?

(a) Financing large industries

(b) Financing and developing MSMEs

(c) Financing agriculture only

(d) Financing infrastructure projects

(e) Financing export businesses

Answers :

1) Answer: C

Short Explanation:

HDFC Bank, India’s leading private sector bank in Current Account deposits, launched the new Biz+ Current Accounts.

Biz+ is a reimagined suite of Current Account offerings designed to meet the evolving needs of Indian businesses.

Detailed Explanation:

HDFC Bank, India’s leading private sector bank in Current Account deposits, launched the new Biz+ Current Accounts.

Biz+ is a reimagined suite of Current Account offerings designed to meet the evolving needs of Indian businesses.

The accounts aim to empower businesses by bringing the entire bank to the customer from day one.

Cash handling services

Seamless digital banking platform

Dedicated Bank/Relationship Manager support

Bundled solutions addressing the full spectrum of banking needs for businesses.

New-to-bank current account customers get comprehensive business and payment protection insurance from day one for the first year, safeguarding businesses against unforeseen risks.

2) Answer: A

Short Explanation:

The unemployment rate in India, measured on a monthly basis for the first time, stood at 5.1% in April 2025.

Data released by the Ministry of Statistics & Programme Implementation (MoSPI) through the first monthly Periodic Labour Force Survey (PLFS).

PLFS aims to monitor real-time unemployment among eligible job seekers across the country.

Detailed Explanation:

The unemployment rate in India, measured on a monthly basis for the first time, stood at 5.1% in April 2025.

Data released by the Ministry of Statistics & Programme Implementation (MoSPI) through the first monthly Periodic Labour Force Survey (PLFS).

PLFS aims to monitor real-time unemployment among eligible job seekers across the country.

Earlier, labour force data was released quarterly and annually, not monthly.

Current Weekly Status (CWS) method used — refers to employment status over the last 7 days before the survey date

Unemployment Rate (UR) Details:

Overall unemployment rate: 5.1%

Men’s unemployment rate: 5.2%

Women’s unemployment rate: 5%

Age group 15-29 unemployment: 13.8%

Urban unemployment rate: 17.2%

Rural unemployment rate: 12.3%

Female Unemployment (Age 15-29):

Overall: 14.4%

Urban: 23.7%

Rural: 10.7%

3) Answer: B

Short Explanation:

Reliance Industries (RIL) has secured a dual-currency loan worth $2.9 billion, the largest offshore loan raised by an Indian company in over a year.

The loan agreement was signed last week, involving 55 banks, making it the largest bank group for a syndicated loan in Asia in 2025.

Detailed Explanation:

Reliance Industries (RIL) has secured a dual-currency loan worth $2.9 billion, the largest offshore loan raised by an Indian company in over a year.

The loan agreement was signed last week, involving 55 banks, making it the largest bank group for a syndicated loan in Asia in 2025.

The loan is split into two parts:

A $2.4 billion tranche in US dollars

A 67.7 billion yen tranche (equivalent to $462 million) in Japanese yen.

This loan has pushed foreign currency loan volumes raised by Indian companies to around $10.4 billion in 2025, the fastest year-to-date pace in a decade (according to Bloomberg data).

While syndicated lending in the broader Asia-Pacific region (excluding Japan) has dropped to a two-decade low of $29 billion in G3 currencies (US dollars, euros, yen), India has stood out with strong borrowing activity.

4) Answer: C

Short Explanation:

India remains the fastest-growing large economy as per the United Nations’ World Economic Situation and Prospects (WESP) Mid-Year Report.

India’s GDP growth is projected at 6.3% in FY 2024-25, and expected to rise to 6.4% in FY 2025-26.

Detailed Explanation:

India remains the fastest-growing large economy as per the United Nations’ World Economic Situation and Prospects (WESP) Mid-Year Report.

India’s GDP growth is projected at 6.3% in FY 2024-25, and expected to rise to 6.4% in FY 2025-26.

The growth drivers identified are:

Strong private consumption

Robust public investment

In comparison, the global economic growth is projected at just 2.4% in 2025, indicating a "precarious" global economic environment.

Inflation in India is forecast to ease from 4.9% in 2024 to 4.3% in 2025, staying within the RBI's target range.

The report also highlights positive trends in employment in India.

5) Answer: D

Short Explanation:

India’s total trade deficit (merchandise + services) widened to $8.65 billion in April 2025 from $5.77 billion in April 2024.

According to Ministry of Commerce and Industry data, total exports (merchandise + services) in 2024-25 reached $824.9 billion, the highest-ever, up 6% from 2023-24.

Merchandise exports grew by 9% to $38.49 billion in April 2025.

Merchandise imports increased faster by 19.1% to $64.91 billion in April 2025.

Detailed Explanation:

India’s total trade deficit (merchandise + services) widened to $8.65 billion in April 2025 from $5.77 billion in April 2024.

According to Ministry of Commerce and Industry data, total exports (merchandise + services) in 2024-25 reached $824.9 billion, the highest-ever, up 6% from 2023-24.

Merchandise exports grew by 9% to $38.49 billion in April 2025.

Merchandise imports increased faster by 19.1% to $64.91 billion in April 2025.

As a result, the merchandise trade deficit widened to $26.4 billion in April 2025 from $19.19 billion in April 2024.

The services sector showed a positive trend:Services exports grew by 17% to $35.31 billion in April 2025 (estimated data).

Services imports increased by only 4.6% to $17.54 billion.

6) Answer: E

Short Explanation:

Indian Railway Finance Corporation (IRFC) has received government approval to raise $1.17 billion through deep-discount bonds.

Deep-discount bonds are issued at a discount to face value and do not pay regular interest, similar to zero-coupon bonds.

Detailed Explanation:

Indian Railway Finance Corporation (IRFC) has received government approval to raise $1.17 billion through deep-discount bonds.

Deep-discount bonds are issued at a discount to face value and do not pay regular interest, similar to zero-coupon bonds.

IRFC's board approved raising Rs 60,000 crore in FY26 to support its capital needs, shifting focus beyond railways to sectors with forward and backward linkages such as ports, renewables, and tourism.

Funds will be raised through a mix of instruments across domestic and international markets, including bonds, bank loans, and external commercial borrowings (ECBs).

Other PSUs like HUDCO and PFC have also been allowed to raise deep-discount bonds, gaining popularity among PSUs like Power Grid Corp, REC, SIDBI, NABARD, and IREDA.

7) Answer: E

Short Explanation:

The Cabinet granted administrative sanction for the Wayanad township project aimed at the rehabilitation of landslide survivors of July 30, 2024.

The estimated project cost is ₹351.48 crore, which includes preliminary expenses.

Detailed Explanation:

The Cabinet granted administrative sanction for the Wayanad township project aimed at the rehabilitation of landslide survivors of July 30, 2024.

The estimated project cost is ₹351.48 crore, which includes preliminary expenses.

Approval is subject to technical approval by KIIFCON, a subsidiary of the Kerala Infrastructure Investment Fund Board (KIIFB).

Chief Minister Pinarayi Vijayan laid the foundation stone for the township on March 27, 2025, at the Elstone Tea Estate in Kalpetta municipality.

Earlier in January 2025, the Cabinet approved the construction of model townships on:

58.50 hectares on Elstone Estate

48.96 hectares on Nedumpala Estate.

In February 2025, the Cabinet decided to proceed with only the Elstone Estate in the first phase.

8) Answer: D

Short Explanation:

The global price of di-ammonium phosphate (DAP) has risen over 13% since April, currently at $652/tonne.

DAP is the second most consumed fertiliser in India after urea.

India meets its DAP demand mainly through imports, so the price rise increases import costs for companies.

Detailed Explanation:

The global price of di-ammonium phosphate (DAP) has risen over 13% since April, currently at $652/tonne.

DAP is the second most consumed fertiliser in India after urea.

India meets its DAP demand mainly through imports, so the price rise increases import costs for companies.

At the start of 2025, DAP prices were around $550-560/tonne.

The landed cost of DAP in India is now higher than the combined government subsidy and retail price.

Retail prices of phosphatic and potassic (P&K) fertilisers, including DAP, were decontrolled in 2010 with the introduction of a fixed subsidy regime under the Nutrient Based Subsidy (NBS) mechanism.

Despite the fixed subsidy regime, an open-ended subsidy policy has been followed recently, similar to the one for urea.

For the current kharif season, the subsidy on DAP under NBS has been increased to Rs 27,799/tonne.

9) Answer: A

Short Explanation:

India and the European Union (EU) launched two major research and innovation initiatives under the India-EU Trade and Technology Council (TTC) established in 2022 by PM Narendra Modi and European Commission President Ursula von der Leyen.

Detailed Explanation:

India and the European Union (EU) launched two major research and innovation initiatives under the India-EU Trade and Technology Council (TTC) established in 2022 by PM Narendra Modi and European Commission President Ursula von der Leyen.

The joint investment is approximately ₹391 crore (~€41 million), co-funded by Horizon Europe (EU’s research framework) and the Government of India.

Marine Plastic Litter (MPL)

Waste to Green Hydrogen (W2GH)

These initiatives aim to address environmental challenges through collaborative research between Indian and European researchers.

Budget: India’s Ministry of Earth Sciences (MoES) - ₹90 crore (€9.3 million), EU - €12 million (₹115 crore).

Objective: Combat marine pollution, focusing on marine plastic litter and its cumulative impacts on biodiversity, ecosystems, and human health.

10) Answer: B

Short Explanation:

Defence Research & Development Organisation (DRDO) has successfully developed an indigenous nanoporous multilayered polymeric membrane for high-pressure sea water desalination.

The technology was developed by Defence Materials Stores and Research & Development Establishment (DMSRDE), a Kanpur-based DRDO laboratory.

Detailed Explanation:

Defence Research & Development Organisation (DRDO) has successfully developed an indigenous nanoporous multilayered polymeric membrane for high-pressure sea water desalination.

The technology was developed by Defence Materials Stores and Research & Development Establishment (DMSRDE), a Kanpur-based DRDO laboratory.

The membrane is designed for desalination plants on Indian Coast Guard (ICG) ships, addressing the challenge of stability against chloride ions in saline water.

The development was completed in a record time of eight months.

Initial technical trials were conducted on the Offshore Patrolling Vessel (OPV) of the ICG, with satisfactory safety and performance results.

Final operational clearance by ICG is pending after 500 hours of operational testing.

11) Answer: B

DG, Armed Forces Medical Services (AFMS) Surgeon Vice Admiral Arti Sarin and DG, Medical Services (Army) Lt Gen Sadhna S Nair inaugurated the state-of-the-art Femto-LASIK Suite at Army Hospital (Research and Referral), Delhi Cantt.

The Femto-LASIK Suite uses advanced laser technology for customised treatment of spectacle removal in young and middle-aged adult patients.

The initiative highlights the Armed Forces’ commitment to cutting-edge medical care and patient welfare.

Army Hospital (R&R) is the apex centre of the Armed Forces Medical Services (AFMS

12) Answer: A

Short Explanation:

The Khelo India Youth Games 2025 concluded with a closing ceremony at the Pataliputra Sports Complex, Patna, Bihar.

The event started on January 4, 2025, and ended on the final day with exciting competitions in basketball, fencing, and weightlifting.

Maharashtra emerged as the overall champion, topping the medal tally with 158 medals

Detailed Explanation:

The Khelo India Youth Games 2025 concluded with a closing ceremony at the Pataliputra Sports Complex, Patna, Bihar.

The event started on January 4, 2025, and ended on the final day with exciting competitions in basketball, fencing, and weightlifting.

Maharashtra emerged as the overall champion, topping the medal tally with 158 medals:

58 Gold
47 Silver

Haryana secured the second position with 117 medals:

39 Gold

27 Silver

Rajasthan finished third with 60 medals:

24 Gold

12 Silver

In the boys' basketball final, Uttar Pradesh defeated Rajasthan to win the gold medal.

In the girls' basketball final, Karnataka defeated Haryana to claim the gold medal.

13) Answer: D

Short Explanation:

Bologna ended a 51-year wait for a major trophy by beating AC Milan 1-0 to win the Italian Cup (Coppa Italia).

Detailed Explanation:

Bologna ended a 51-year wait for a major trophy by beating AC Milan 1-0 to win the Italian Cup (Coppa Italia).

The only goal was scored by Dan Ndoye, who had just returned from injury.

This is Bologna’s first Italian Cup win since 1974.

In the meantime, the club only won two second-division titles.

The club is owned by Canadian Joey Saputo.

Coach Vincenzo Italiano won his first final after losing two Europa Conference League finals with Fiorentina and finishing runner-up in the 2023 Italian Cup.

Italiano replaced Thiago Motta as Bologna’s coach this season.

Motta had led Bologna to its first-ever Champions League qualification before leaving for Juventus.

14) Answer: A

Short Explanation:

Indian cricket legend Sunil Gavaskar inaugurated a new boardroom named "10000 Gavaskar" at the BCCI headquarters in Mumbai, Maharashtra.

During the 1987 Ahmedabad Test against Pakistan, Gavaskar became the first player in Test cricket history to reach 10,000 runs.

Detailed Explanation:

Indian cricket legend Sunil Gavaskar inaugurated a new boardroom named "10000 Gavaskar" at the BCCI headquarters in Mumbai, Maharashtra.

The ceremony was attended by BCCI President Roger Binny, Vice President Rajeev Shukla, and Secretary Devajit Saikia.

Sunil Gavaskar played for India from 1971 to 1987 and is regarded as one of the best batsmen in cricket history.

Known for his calm demeanor, technical strength, and bravery, Gavaskar famously faced fast bowlers without wearing a helmet.

During the 1987 Ahmedabad Test against Pakistan, Gavaskar became the first player in Test cricket history to reach 10,000 runs.

He scored a total of 10,122 Test runs, making him India’s third-highest Test run-scorer, after Sachin Tendulkar (15,921) and Rahul Dravid (13,288).

15) Answer: C

Deep-discount bonds are issued at a discount to face value and do not pay regular interest, similar to zero-coupon bonds.

16) Answer: B

About HDFC Bank:

Founded: 1994

Headquarters: Mumbai, Maharashtra, India

Managing Director & CEO: Sashidhar Jagdishan

Tagline: "We understand your world"

17) Answer: B

In April 2025, Tamil Nadu Chief Minister M.K. Stalin announced in the Legislative Assembly the formation of a high-level committee to review Centre-State relations, constitutional provisions, and policies to suggest measures for enhancing the autonomy of States.

18) Answer: B

About Financial Intelligence Unit:

Headquarters: Connaught Place, New Delhi

Founded: 18 November 2004

Agency executive: Vivek Aggarwal, IAS, Director

Minister responsible: Nirmala Sitharaman, Minister of Finance

Parent department: Department of Revenue

19) Answer: D

In March 2025, SEBI revised its regulations to lower the minimum investment in the Social Stock Exchange (SSE) from ₹10,000 to ₹1,000, making social impact investments more accessible to smaller investors.

20) Answer: B

About Small Industries Development Bank of India (SIDBI):

It is an All India Development Financial Institution (DFI) focused on financing and developing Micro, Small, and Medium Enterprises (MSMEs) in India.

Headquarters: Lucknow, Uttar Pradesh

Founded: April 2, 1990, by the Government of India

Chairman & Managing Director: Shri Manoj Mittal