Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 17th October 2025. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2025 & other competitive exams can make use of these Current Affairs Quiz.

 

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1) As per the news, the Life Insurance Corporation of India (LIC) launched two new insurance plans LIC’s JAN SURAKSHA and LIC’s BIMA LAKSHMI under New Next Gen GST Regime. Which of the following statements about LIC’s JAN SURAKSHA plan is correct?

(a) It is a Participating, Linked Insurance Plan designed for high-income groups.

(b) Guaranteed Additions are provided at 7% of the Sum Assured every year.

(c) Medical examination is compulsory before purchasing this plan.

(d) It offers a Basic Sum Assured between ₹1,00,000 and ₹2,00,000.

(e) The minimum entry age is 21 years and maximum is 60 years.

2) Which of the following statements about LIC’s BIMA LAKSHMI plan is correct?

(a) It is a Participating (Par), Linked Insurance Plan available for all genders.

(b) Guaranteed Additions under this plan are 4% of the annual premium every year.

(c) The plan offers periodic money-back payments every 2 or 4 years.

(d) The minimum Basic Sum Assured is ₹1,00,000 with a maximum limit of ₹2,00,000.

(e) The maximum entry age for this plan is 55 years.

3) Which category of mutual fund schemes can Nuvama launch after Securities and Exchange Board of India (SEBI) approval?

(a) Equity Linked Savings Scheme (ELSS)

(b) Specialized Investment Fund (SIF)

(c) Fixed Deposit Schemes

(d) Real Estate Investment Trusts (REITs)

(e) Exchange Traded Funds (ETFs)

4) In the news, Zomato and HDFC Pension launched which model to provide retirement security to delivery partners?

(a) Gig Workers Savings Model

(b) HDFC-Zomato Pension Initiative

(c) Delivery Partners Pension Plan

(d) National Gig Retirement Scheme

(e) NPS Platform Workers Model

5) In news, Bajaj Finserv recently rebranded its insurance businesses after acquiring Allianz SE’s stake. What are the new names of these insurance companies?

(a) Bajaj Secure Insurance & Bajaj Life Protection

(b) Bajaj General Insurance & Bajaj Life Insurance

(c) Bajaj Allianz Insurance & Bajaj Allianz Life

(d) Bajaj Domestic Insurance & Bajaj Domestic Life

(e) Bajaj India Insurance & Bajaj India Life

6) In Oct’25, Ageas Federal Life Insurance partnered with which bank to form an SME Bancassurance Partnership?

(a) Kotak Mahindra Bank

(b) HDFC Bank

(c) ICICI Bank

(d) Axis Bank

(e) CSB Bank

7) The Reserve Bank of India (RBI) recently amended the Foreign Exchange Management Regulations to allow Authorised Dealer banks to lend in Indian Rupees to residents and banks of which countries?

(a) Bangladesh, Pakistan, and Maldives

(b) UAE, Oman, and Qatar

(c) Myanmar, Thailand, and Singapore

(d) Bhutan, Nepal, and Sri Lanka

(e) Malaysia, Indonesia, and Vietnam

8) Recently, Swiggy partnered with PayU Finance to offer credit solutions to its restaurant partners. What is the maximum loan amount that can be availed under this scheme?

(a) ₹10 lakh

(b) ₹15 lakh

(c) ₹20 lakh

(d) ₹25 lakh

(e) ₹30 lakh

9) Which platform was launched by SEBI and AMFI to help investors track and claim unclaimed mutual fund folios?

(a) KYC Mitra

(b) Investor Helpline

(c) MF Tracker

(d) Fund Connect

(e) MITRA

10) Why did the Reserve Bank of India (RBI) direct BNPL firm Simpl to cease its payment operations?

(a) Due to the violation of KYC norms

(b) For running a payment system without RBI approval

(c) For charging excessive interest rates

(d) For data privacy violations

(e) For non-compliance with GST regulations

11) Recently, Raise Financial Services, owner of the stock trading platform Dhan, raised $120 million in a Series B round. Which of the following investors led this round?

(a) Sequoia Capital

(b) Tiger Global

(c) Hornbill Capital

(d) SoftBank Vision Fund

(e) Accel Partners

12) What is the target percentage of women in the State Bank of India (SBI) overall workforce within the next five years?

(a) 27%

(b) 35%

(c) 33%

(d) 30%

(e) 40%

13) How much non-dilutive debt capital has HSBC India earmarked under its Innovation Banking platform to support startups?

(a) $500 million

(b) $750 million

(c) $1 billion

(d) $1.5 billion

(e) $2 billion

14) Which of the following statements about India’s Digital Rupee (e₹) is correct?

(a) e₹ is issued by commercial banks without RBI backing.

(b) e₹ does not offer finality of settlement.

(c) e₹ is a digital form of the Rupee

(d) e₹ can only be used for online transactions.

(e) e₹ is not guaranteed by the RBI.

15) In the news, Hindustan Shipyard Limited (HSL) was recently granted which status by the Government of India, marking its major turnaround?

(a) Maharatna

(b) Navratna

(c) Mini Ratna

(d) Micro Ratna

(e) Defence PSU Excellence Award

16) What is the validity period of the FASTag Annual Pass launched on 15th August 2025?

(a) 6 months

(b) 9 months

(c) 3 years

(d) 2 years

(e) 1 year

17) Under India Post’s Delivery Duty Paid (DDP) system for shipments to the US, what percentage of the parcel’s declared Free on Board (FOB) value is charged as duty?

(a) 25%

(b) 40%

(c) 50%

(d) 60%

(e) 75%

18) When was the Legal Information Management and Briefing System (LIMBS) launched by the Ministry of Law and Justice?

(a) 2015

(b) 2012

(c) 2019

(d) 2018

(e) 2020

19) By how much did India’s Female Labour Force Participation Rate (FLFPR) increase from 2017–18 to 2023–24?

(a) 10% to 20%

(b) 15% to 30%

(c) 23% to 42%

(d) 25% to 45%

(e) 30% to 50%

20) By which year does the National Highways Authority of India (NHAI) plan to utilise 100% of India’s municipal waste in road construction?

(a) 2025

(b) 2026

(c) 2027

(d) 2030

(e) 2035

21) Under the new Employees’ Provident Fund Organisation (EPFO)withdrawal reforms approved on October 13, 2025, what percentage of their eligible provident fund (PF) balance can members now withdraw?

(a) 25%

(b) 50%

(c) 75%

(d) 100%

(e) 125%

22) Who has been announced as Federation of Indian Chambers of Commerce and Industry (FICCI) President-Elect for 2025–26?

(a) Harsha Vardhan Agarwal

(b) Anant Goenka

(c) Sanjiv Bajaj

(d) R. Doraiswamy

(e) Nitin Gadkari

23) Which bank did IIHL Mauritius acquire a 100% stake in, renaming it “IIHL Bank & Trust Limited”?

(a) HSBC Bahamas

(b) Sterling Bank, Bahamas

(c) Bank of America, Bahamas

(d) Cayman National Bank

(e) First Caribbean Bank

24) When was the National Career Service (NCS) portal, which is now partnering with Zomato to create jobs, launched?

(a) 2010

(b) 2012

(c) 2019

(d) 2018

(e) 2015

25) Which company has Bharti Airtel partnered with to deliver advanced cloud services in India?

(a) Microsoft

(b) Google

(c) Amazon Web Services (AWS)

(d) International Business Machines Corporation (IBM)

(e) Infosys

26) During the 2025 visit of Mongolian President Khurelsukh Ukhnaa to India, how many Memoranda of Understanding (MoUs) were signed?

(a) 5

(b) 7

(c) 9

(d) 12

(e) 10

27) Which country reclaimed the top position in the Henley Passport Index 2025 with visa-free access to 193 destinations?

(a) Singapore

(b) South Korea

(c) Japan

(d) Germany

(e) United Arab Emirates (UAE)

28) How many international assists has Lionel Messi provided to become the all-time leader in men’s football?

(a) 55

(b) 57

(c) 65

(d) 62

(e) 60

29) On which date is the International Day for the Eradication of Poverty observed each year?

(a) October 15

(b) October 16

(c) October 17

(d) October 18

(e) October 19

30) Among BRICS nations, which country recorded the highest growth in female workforce participation over the past decade?

(a) Brazil

(b) Russia

(c) South Africa

(d) China

(e) India

Answers :

1) Answer: D

Short Explanation:

LIC’s JAN SURAKSHA is a Life Micro Insurance Plan aimed at the lower-income group with Guaranteed Additions at 4% of the annualised premium at the end of each policy year.

Basic Sum Assured: Minimum ₹1,00,000 and Maximum ₹2,00,000 (in multiples of ₹5,000).

Detailed Explanation:

About LIC’s JAN SURAKSHA (Life Micro Insurance Plan)

LIC’s JAN SURAKSHA is a Life Micro Insurance Plan aimed at the lower-income group with Guaranteed Additions at 4% of the annualised premium at the end of each policy year.

The plan provides financial support to the family in case of the policyholder’s death and a lump sum on maturity for the surviving policyholder.

It is available only for standard healthy lives and requires no medical examination.

Minimum and Maximum Age at Entry:18 years (completed) and 55 years respectively.

Basic Sum Assured: Minimum ₹1,00,000 and Maximum ₹2,00,000 (in multiples of ₹5,000).

Policy Term:12 to 20 years, with the Premium Paying Term = Policy Term – 5 years.

It is a Non-Par, Non-linked Individual Savings Insurance Plan.

2) Answer: C

Short Explanation:

LIC’s BIMA LAKSHMI is designed exclusively for females, offering life cover, periodic money-back payments every 2 or 4 years, limited illness coverage, and guaranteed maturity benefits.

Detailed Explanation:

About LIC’s BIMA LAKSHMI (Exclusively for Females)

LIC’s BIMA LAKSHMI is designed exclusively for females, offering life cover, periodic money-back payments every 2 or 4 years, limited illness coverage, and guaranteed maturity benefits.

Guaranteed Additions accrue at 7% of the Total Annual Premium each year for in-force policies, and proportionately for paid-up policies.

Minimum Age at Entry:18 years (last birthday); Maximum Age at Entry:50 years (nearer birthday).

Policy Term:25 years with a Premium Paying Term of 7 to 15 years.

Minimum Basic Sum Assured:₹2,00,000, with no maximum limit (multiples of ₹10,000, subject to underwriting policy).

Includes an Auto Cover Facility after three years of premium payment.

Offers a Female Critical Illness Rider available at an additional premium.

It is a Non-Par, Non-linked Insurance Plan.

3) Answer: B

Short Explanation:

Nuvama Wealth Management Limited has received Securities and Exchange Board of India (SEBI) approval to act as the sponsor and set up its proposed Nuvama Mutual Fund.

This enables Nuvama to launch mutual fund schemes, including those under the Specialized Investment Fund (SIF) category.

Detailed Explanation:

Nuvama Wealth Management Limited has received Securities and Exchange Board of India (SEBI) approval to act as the sponsor and set up its proposed Nuvama Mutual Fund.

The approval was granted via a SEBI letter dated October 1, 2025.

This enables Nuvama to launch mutual fund schemes, including those under the Specialized Investment Fund (SIF) category.

The final registration of the mutual fund will be granted by SEBI after fulfillment of certain regulatory requirements by Nuvama.

Earlier in January 2025, Nuvama had announced its intention to apply to SEBI to act as the sponsor for the mutual fund.

4) Answer: E

Short Explanation:

Zomato and HDFC Pension jointly launched the “NPS Platform Workers Model” to provide retirement security for Zomato’s delivery partners under the National Pension System (NPS).

Detailed Explanation:

Zomato and HDFC Pension jointly launched the “NPS Platform Workers Model” to provide retirement security for Zomato’s delivery partners under the National Pension System (NPS).

The program enables gig workers to make small, regular contributions and receive lump sum and pension benefits at retirement, with portability across jobs.

Over 30,000 delivery partners have already received their PRANs within 72 hours of system integration; the platform targets over 1 lakh partners in 2025.

5) Answer: B

Short Explanation:

Bajaj Finserv rebranded its insurance businesses as Bajaj General Insurance and Bajaj Life Insurance, ending the Allianz co-branding.

Detailed Explanation:

Bajaj Finserv rebranded its insurance businesses as Bajaj General Insurance and Bajaj Life Insurance, ending the Allianz co-branding.

The rebranding follows the acquisition of Allianz SE’s 26% stake, raising Bajaj Group’s ownership to 100% in both ventures.

The new campaign tagline is “100% Bajaj. Made in India. Made for India. Made by India.”, showcasing the group’s commitment to domestic growth and customer focus.

Sanjiv Bajaj, Chairman & MD, stated that the rebranding represents Bajaj Finserv’s vision to empower Indians with financial protection.

6) Answer: E

Ageas Federal Life Insurance has partnered with CSB Bank to form an SME Bancassurance Partnership aimed at serving SME customers of CSB Bank.

The partnership will offer life insurance products that cover business continuity, wealth creation, and family financial security.

7) Answer: D

Short Explanation:

Authorised Dealer (AD) banks in India and their overseas branches are now permitted to lend in Indian Rupees to residents and banks in Bhutan, Nepal, and Sri Lanka to support cross-border trade.

Detailed Explanation:

The Reserve Bank of India (RBI) amended the Foreign Exchange Management (Borrowing and Lending) Regulations, 2018 and the Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) Regulations, 2015 to facilitate external trade and payments.

Authorised Dealer (AD) banks in India and their overseas branches are now permitted to lend in Indian Rupees to residents and banks in Bhutan, Nepal, and Sri Lanka to support cross-border trade.

The amendment is notified as Foreign Exchange Management (Borrowing and Lending) (Amendment) Regulations, 2025, dated October 6, 2025.

8) Answer: D

Short Explanation:

Swiggy has partnered with PayU Finance, the NBFC arm of PayU, to offer credit solutions to its restaurant partners starting from the next financial year.

PayU Finance will provide customised unsecured loans of up to ₹25 lakh with flexible repayment through an Equated Weekly Installment (EWI) model.

Detailed Explanation:

Swiggy has partnered with PayU Finance, the NBFC arm of PayU, to offer credit solutions to its restaurant partners starting from the next financial year.

The partnership aims for annualised credit disbursement of ₹300 crore in the next fiscal year and ₹1,000 crore over three years.

PayU Finance will provide customised unsecured loans of up to ₹25 lakh with flexible repayment through an Equated Weekly Installment (EWI) model.

The loans will carry an interest rate starting at 18% per annum and have zero foreclosure penalties.

9) Answer: E

Short Explanation:

Unclaimed money in mutual funds increased 21%, from ₹2,862 crore (2023–24) to ₹3,452 crore (2024–25), mainly due to unclaimed dividends (up 26.5%) and redemptions (up 10.1%).

To address this, SEBI and AMFI launched the MITRA platform to help investors track and claim unclaimed mutual fund folios.

Detailed Explanation:

Unclaimed money in mutual funds increased 21%, from ₹2,862 crore (2023–24) to ₹3,452 crore (2024–25), mainly due to unclaimed dividends (up 26.5%) and redemptions (up 10.1%).

The rise was linked to outdated investor contact details, causing bounced payouts.

To address this, SEBI and AMFI launched the MITRA platform to help investors track and claim unclaimed mutual fund folios.

New mutual fund schemes rose 32.8% to 247, with gross resource mobilisation up 19.7% to ₹137 lakh crore and net inflows surging 129.8% to ₹8.2 lakh crore.

Mutual funds’ net investments in secondary markets doubled to ₹3.9 lakh crore; equity schemes recorded ₹4.8 lakh crore net purchases, while debt schemes saw ₹87,461 crore in net sales.

10) Answer: B

The Reserve Bank of India (RBI) directed Bengaluru-based BNPL firm Simpl to immediately cease its payment operations for running a payment system without RBI approval under the Payment and Settlement Systems Act, 2007.

Simpl, operated by One Sigma Technologies, partners with 26,000 merchants, enabling customers to defer payments at checkout.

11) Answer: C

Short Explanation:

Raise Financial Services, owner of the stock trading platform Dhan, has raised $120 million in a Series B funding round led by Hornbill Capital, with participation from MUFG and BEENEXT.

Detailed Explanation:

Raise Financial Services, owner of the stock trading platform Dhan, has raised $120 million in a Series B funding round led by Hornbill Capital, with participation from MUFG and BEENEXT.

The funding round values the Mumbai-based fintech at $1.2 billion, marking its entry into the unicorn club.

The raised capital will be used to expand Dhan, strengthen technology and AI capabilities, and launch new products for investing and financial services distribution.

12) Answer: D

Short Explanation:

The State Bank of India (SBI) has set a target to raise women’s workforce share to 30% within five years, up from the current 27%, as stated by Deputy Managing Director (HR) & Chief Development Officer Kishore Kumar Poludasu.

Detailed Explanation:

The State Bank of India (SBI) has set a target to raise women’s workforce share to 30% within five years, up from the current 27%, as stated by Deputy Managing Director (HR) & Chief Development Officer Kishore Kumar Poludasu.

Although women constitute 33% of SBI’s frontline workforce, their overall representation remains lower, leading to structured diversity initiatives by the bank.

SBI’s ‘Empower Her’ programme aims to groom women for leadership roles through coaching and mentoring, along with health drives such as cervical and breast cancer screenings.

13) Answer: C

Short Explanation:

HSBC India has launched an ‘Innovation Banking’ platform to offer specialised banking and financing solutions for startups and entrepreneurial businesses across all growth stages — from seed to IPO.

The bank has earmarked $1 billion in non-dilutive debt capital to support early- to late-stage growth companies, allowing founders to scale operations without giving up equity and retain ownership.

Detailed Explanation:

HSBC India has launched an ‘Innovation Banking’ platform to offer specialised banking and financing solutions for startups and entrepreneurial businesses across all growth stages — from seed to IPO.

The bank has earmarked $1 billion in non-dilutive debt capital to support early- to late-stage growth companies, allowing founders to scale operations without giving up equity and retain ownership.

HSBC already funds venture capital and private equity (PE) firms, and through Innovation Banking, aims to expand services to a broader range of funds and propositions.

The bank has also introduced Digital Merchant Services (DMS) in India — a digital payment management platform for e-commerce merchants.

14) Answer: C

Short Explanation:

Digital Rupee (e₹) is India’s Central Bank Digital Currency (CBDC) — a digital form of the Rupee (₹) issued by the Reserve Bank of India (RBI).

e₹ offers features similar to physical cash, such as RBI guarantee, finality of settlement, and ease of use.

Detailed Explanation:

Digital Rupee (e₹) is India’s Central Bank Digital Currency (CBDC) — a digital form of the Rupee (₹) issued by the Reserve Bank of India (RBI).

e₹ offers features similar to physical cash, such as RBI guarantee, finality of settlement, and ease of use.

e₹ is stored in a digital wallet and can be used for sending, receiving, or making payments, just like physical currency.

e₹ wallets are offered by banks and non-banks for person-to-person (P2P) and person-to-merchant (P2M) transactions.

No minimum balance is required to open or maintain an e₹ wallet.

e₹ wallets are secure, protected by a robust cyber-security framework, and can be recovered even if the mobile device is lost.

The e₹ wallet supports both Android and iOS platforms.

The RBI creates and issues e₹ electronically to banks and non-banks, which distribute it to the public.

15) Answer: C

Hindustan Shipyard Limited (HSL), one of India’s oldest shipbuilding companies, was granted Mini Ratna status by the Government of India, marking a major turnaround and strengthening its role in India’s maritime and defence manufacturing ecosystem.

16) Answer: E

The FASTag Annual Pass, launched on 15th August 2025, has attracted over 25 lakh users within two months, recording 5.67 crore transactions, marking a significant step in simplifying highway travel across India.

The pass is a one-time toll payment system for non-commercial vehicles with validity of 1 year, fee of ₹3,000 for up to 200 National Highway or National Expressway crossings, and activation within 2 hours via the vehicle’s existing FASTag using the Rajmargyatra App or National Highways Authority of India (NHAI) website.

17) Answer: C

Short Explanation:

India Post will resume all categories of international postal services to the United States starting October 15, 2025, following a two-month suspension due to regulatory changes in the United States.

A flat 50 percent of the parcel’s declared Free on Board (FOB) value is charged as duty, with no additional tariffs or category-based rates.

Detailed Explanation:

India Post will resume all categories of international postal services to the United States starting October 15, 2025, following a two-month suspension due to regulatory changes in the United States.

The suspension began on August 22, 2025, after a United States Executive Order modified how import duties are collected on low-value international parcels, removing the previous duty-free threshold and applying duties under the International Emergency Economic Powers Act (IEEPA).

To comply with United States Customs and Border Protection (CBP) requirements, India Post has implemented a Delivery Duty Paid (DDP) system, where:

Import duties are collected in India at the time of booking.

Duties are remitted in advance to U.S. Customs and Border Protection through a U.S.-approved Qualified Party.

A flat 50 percent of the parcel’s declared Free on Board (FOB) value is charged as duty, with no additional tariffs or category-based rates.

18) Answer: A

Union Minister of State for Law and Justice Arjun Ram Meghwal inaugurated the Legal Information Management and Briefing System (LIMBS) Live Cases Dashboard in New Delhi to enhance transparency and efficiency in government litigation.

LIMBS, launched in 2015 by the Ministry of Law and Justice, digitises legal data and coordinates litigation involving the Government of India, consolidating information from multiple ministries and departments.

19) Answer: C

Short Explanation:

According to the Ministry of Labour and Employment, India’s Female Labour Force Participation Rate (FLFPR) increased from
23% in 2017–18 to 42% in 2023–24, marking a major transformation in gender inclusion and economic participation.

Detailed Explanation:

According to the Ministry of Labour and Employment, India’s Female Labour Force Participation Rate (FLFPR) increased from 23% in 2017–18 to 42% in 2023–24, marking a major transformation in gender inclusion and economic participation.

India recorded the highest growth in female workforce participation among BRICS nations (Brazil, Russia, India, China, South Africa) over the past decade, with a nearly 19 percentage point increase despite global uncertainties and structural employment challenges.

20) Answer: C

Short Explanation:

The National Highways Authority of India (NHAI) plans to utilise 100% of India’s municipal waste for road construction by 2027, marking a major step toward sustainable and green infrastructure.

The initiative was announced by Union Minister for Road Transport and Highways Nitin Gadkari during a convocation ceremony at an engineering college near Chennai.

Detailed Explanation:

The National Highways Authority of India (NHAI) plans to utilise 100% of India’s municipal waste for road construction by 2027, marking a major step toward sustainable and green infrastructure.

The initiative was announced by Union Minister for Road Transport and Highways Nitin Gadkari during a convocation ceremony at an engineering college near Chennai.

Currently, around 80 lakh tonnes of municipal waste is being used in national highway projects.

25 lakh tonnes have been utilised in the Ahmedabad–Pune Highway.

40 lakh tonnes have been deployed in the Mumbai–Delhi Expressway.

21) Answer: D

Short Explanation:

The Employees’ Provident Fund Organisation (EPFO) has announced a major reform simplifying and liberalising its withdrawal rules, allowing over 7 crore subscribers to withdraw up to 100% of their eligible provident fund (PF) balance.

Detailed Explanation:

The Employees’ Provident Fund Organisation (EPFO) has announced a major reform simplifying and liberalising its withdrawal rules, allowing over 7 crore subscribers to withdraw up to 100% of their eligible provident fund (PF) balance.

The new guidelines were approved by the Central Board of Trustees (CBT) on October 13, 2025, under the chairmanship of Union Minister for Labour and Employment Mansukh Mandaviya.

The earlier 13 provisions for partial withdrawals have been merged into 3 categories –

Essential Needs: Illness, education, and marriage.

Housing Needs: Home purchase and construction.

Special Circumstances: Unemployment, calamities, and epidemics, where no reason needs to be declared.

Withdrawals for education are now allowed up to 10 times, and for marriage up to 5 times, compared to the earlier combined limit of 3 times.

The minimum service requirement for all types of partial withdrawals has been reduced to 12 months, replacing the previously varied service durations.

22) Answer: B

Short Explanation:

Industry chamber Federation of Indian Chambers of Commerce and Industry (FICCI) announced Anant Goenka, Vice Chairperson of RPG Group, as its President-Elect for 2025–26.

Detailed Explanation:

Industry chamber Federation of Indian Chambers of Commerce and Industry (FICCI) announced Anant Goenka, Vice Chairperson of RPG Group, as its President-Elect for 2025–26.

Anant Goenka is currently the Senior Vice President of FICCI and will succeed Harsha Vardhan Agarwal, the Vice Chairman & Managing Director of Emami Group, at the conclusion of FICCI’s annual general meeting.

RPG Group is a $5 billion conglomerate with interests in tyres (CEAT), infrastructure, IT, pharma, and specialty sectors.

Goenka, a third-generation business leader, is credited for modernizing operations and driving digital transformation within the RPG Group.

23) Answer: B

IIHL Mauritius, the promoter of IndusInd Bank, has acquired 100% stake in Sterling Bank, Bahamas through its wholly owned subsidiary IIHL (Capital), Mauritius.

Earlier, IIHL Mauritius held a 51% stake in Sterling Bank since September 2022.

Following the acquisition, Sterling Bank will be renamed “IIHL Bank & Trust Limited.”

24) Answer: E

Short Explanation:

The Government of India has signed a Memorandum of Understanding (MoU) with Zomato to create up to 2.5 lakh job opportunities annually through the National Career Service (NCS) portal, integrating platform-based gig roles into the formal employment ecosystem.

Launched in 2015, the NCS portal is a flagship initiative under the Ministry of Labour and Employment, connecting job seekers with employers across sectors.

Detailed Explanation:

The Government of India has signed a Memorandum of Understanding (MoU) with Zomato to create up to 2.5 lakh job opportunities annually through the National Career Service (NCS) portal, integrating platform-based gig roles into the formal employment ecosystem.

Launched in 2015, the NCS portal is a flagship initiative under the Ministry of Labour and Employment, connecting job seekers with employers across sectors.

Under the new ‘Aggregator’ category within NCS, Zomato will list flexible livelihood opportunities for delivery partners and gig workers, which are:

Real-time and technology-enabled

Flexible in working hours

Integrated with social protection schemes

Accessible across urban and semi-urban areas

25) Answer: D

Short Explanation:

Bharti Airtel, India’s second-largest telecom operator, has partnered with International Business Machines Corporation (IBM) to deliver advanced cloud services through Airtel’s newly launched cloud platform, targeting India’s rapidly expanding digital infrastructure market.

Detailed Explanation:

Bharti Airtel, India’s second-largest telecom operator, has partnered with International Business Machines Corporation (IBM) to deliver advanced cloud services through Airtel’s newly launched cloud platform, targeting India’s rapidly expanding digital infrastructure market.

The collaboration comes amid growing demand for scalable, secure, and localized cloud solutions, driven by the Artificial Intelligence (AI) boom and evolving data sovereignty regulations in India.

The rise of AI, machine learning, and big data analytics has created a need for massive computing capacity and secure data storage across sectors including finance, healthcare, and manufacturing.

26) Answer: E

Short Explanation:

Prime Minister Narendra Modi and Mongolian President Khurelsukh Ukhnaa held high-level talks in New Delhi, marking 70 years of diplomatic relations between India and Mongolia.

The visit witnessed the signing of 10 Memoranda of Understanding (MoUs) and announcements related to free e-visas for Mongolian citizens, an oil refinery project, and joint cultural and digital initiatives.

Detailed Explanation:

Prime Minister Narendra Modi and Mongolian President Khurelsukh Ukhnaa held high-level talks in New Delhi, marking 70 years of diplomatic relations between India and Mongolia.

The visit witnessed the signing of 10 Memoranda of Understanding (MoUs) and announcements related to free e-visas for Mongolian citizens, an oil refinery project, and joint cultural and digital initiatives.

India was among the first countries to establish diplomatic ties with Mongolia in 1955.

In 2015, the partnership was elevated to a Strategic Partnership during PM Modi’s visit, which included a USD 1 billion line of credit.

The 2025 visit celebrates both 70 years of relations and 10 years of strategic partnership, reflecting a deep and mature bond.

27) Answer: A

Short Explanation:

• The Henley Passport Index 2025, which ranks countries based on the number of destinations their passport holders can access without a prior visa, revealed significant shifts in global mobility trends.
• Singapore reclaimed the top position with visa-free access to 193 destinations, marking its continued dominance in travel freedom.

Detailed Explanation:

• The Henley Passport Index 2025, which ranks countries based on the number of destinations their passport holders can access without a prior visa, revealed significant shifts in global mobility trends.
• Singapore reclaimed the top position with visa-free access to 193 destinations, marking its continued dominance in travel freedom.
• South Korea and Japan secured Ranks 2 and 3, with 190 and 189 visa-free destinations respectively.
• European countries such as Germany, Italy, Luxembourg, Spain, and Switzerland remained among the top performers.
• The United Arab Emirates (UAE) showed the most notable improvement among Middle Eastern countries.

28) Answer: E

Short Explanation:

Lionel Messi of Argentina became the all-time leader in international assists, providing two assists in Argentina’s 6‑0 victory over Puerto Rico, taking his total to 60 assists.

Detailed Explanation:

Lionel Messi of Argentina became the all-time leader in international assists, providing two assists in Argentina’s 6‑0 victory over Puerto Rico, taking his total to 60 assists.

With this achievement, Messi surpassed Neymar Jr. (Brazil) and Landon Donovan (United States) on the men’s international football assist list.

Messi’s first-ever assist for Argentina came in 2006, also in a 6‑0 win against Serbia and Montenegro at the FIFA World Cup. Nineteen years later, in the same scoreline, he set the new record, reflecting a poetic symmetry in his career.

29) Answer: C

Short Explanation:

International Day for the Eradication of Poverty 2025 is observed on the 17th of October.

Detailed Explanation:

International Day for the Eradication of Poverty 2025 is observed on the 17th of October.

The theme for the International Day for the Eradication of Poverty on October 17, 2025, is "Ending social and institutional maltreatment by ensuring respect and effective support for families".

30) Answer: E

India recorded the highest growth in female workforce participation among BRICS nations (Brazil, Russia, India, China, South Africa) over the past decade, with a nearly 19 percentage point increase despite global uncertainties and structural employment challenges.