Daily Current Affairs Quiz - 22nd February 2025
Feb 24 2025
Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 22nd February 2025. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2025 & other competitive exams can make use of these Current Affairs Quiz.
1) According to the RBI data, What was the growth rate of bank lending to NBFCs in 2024?
(a) 4.2%
(b) 6.7%
(c) 10.5%
(d) 15.0%
(e) 18.3%
2) According to Moody's Analytics, what is India's projected GDP growth for 2025?
(a) 6.2%
(b) 6.4%
(c) 6.6%
(d) 6.8%
(e) 7.0%
3) How much has RBI purchased in government securities through OMO auctions so far?
(a) ₹75,000 crore
(b) ₹1 trillion
(c) ₹1.5 trillion
(d) ₹2 trillion
(e) ₹40,000 crore
4) Which of the following technological advancements is expected to drive India’s growth in the manufacturing sector?
(a) AI-driven chip design
(b) Touchless manufacturing
(c) Backward integration
(d) All of the above
(e) None of the above
5) Recently, India has made a significant advancement in modernizing its aviation sector by launching the Electronic Personnel License (EPL) for flight crew. It became the ____ country in the world to implement digital licensing for pilots.
(a) First
(b) Second
(c) Third
(d) Fourth
(e) Fifth
6) By what percentage has the Uttar Pradesh Budget 2025-26 increased compared to the previous year?
(a) 8.2%
(b) 9.8%
(c) 10.5%
(d) 12.1%
(e) 15%
7) Who has been appointed as the Director of the Institute of Economic Growth (IEG), New Delhi, in February 2025?
(a) Chetan Ghate
(b) Sabyasachi Kar
(c) Raghuram Rajan
(d) Arvind Subramanian
(e) Bibek Debroy
8) As per the report, V Anantha Nageswaran has recently suggested that RBI should exclude which component from its inflation target?
(a) Fuel prices
(b) Food prices
(c) Housing costs
(d) Core inflation
(e) Employment index
9) Who has been appointed as the new head of products in the consumer bank at Kotak Mahindra Bank?
(a) Shahrukh Todiwala
(b) Uday Kotak
(c) Vyomesh Kapasi
(d) Dipak Gupta
(e) Manish Kothari
10) Which committee/department announced the extension of BVR Subrahmanyam’s tenure as NITI Aayog CEO?
(a) Ministry of Finance
(b) Ministry of Home Affairs
(c) Appointments Committee of the Cabinet (ACC)
(d) Department of Economic Affairs
(e) Ministry of Corporate Affairs
11) Recently, the Defence ministry inks ₹1,220 crore contract with Bharat Electronics Limited for Coast Guard radios. The contract for 149 Software Defined Radios falls under which procurement category?
(a) Buy (Global)
(b) Buy (Indian-IDDM)
(c) Make in India (Direct)
(d) Buy & Make (Indian)
(e) Buy & Make (Global)
12) Recently, the Ministry of Defence signed contracts worth ₹697.35 crore with which companies for procuring Rough Terrain Fork Lift Trucks (RTFLT)?
(a) Tata Advanced Systems & L&T Defence
(b) ACE Limited & JCB India Limited
(c) Bharat Electronics Limited & DRDO
(d) Hindustan Aeronautics Limited & BDL
(e) Mahindra Defence & Tata Motors
13) Which regulatory body is supporting the initiative of MyEasi and SPEED-e?
(a) Reserve Bank of India (RBI)
(b) Securities and Exchange Board of India (SEBI)
(c) Ministry of Finance
(d) Indian Banks’ Association (IBA)
(e) National Stock Exchange (NSE)
14) As per the Nagaland Forest Management Project (NFMP) was honored with which prestigious award in 2024?
(a) National Green Award
(b) SKOCH Award
(c) Earth Care Award
(d) Indira Gandhi Paryavaran Puraskar
(e) Global Climate Action Award
15) In the Future Brand Index 2024, Reliance Industries Limited (RIL) secured which position?
(a) 5th
(b) 2nd
(c) 8th
(d) 3rd
(e) 10th
16) Which of the following individuals joined the Forbes Billionaire List 2024 after inheriting wealth from her late husband?
(a) Savitri Jindal
(b) Julia Koch
(c) Gina Rinehart
(d) Marilyn Simons
(e) Susanne Klatten
17) Whose record did Mohammed Shami break to become the fastest Indian to reach 200 ODI wickets?
(a) Zaheer Khan
(b) Anil Kumble
(c) Harbhajan Singh
(d) Ajit Agarkar
(e) Kapil Dev
18) Recently, Rohit Sharma became the second fastest batsman to reach 11,000 ODI runs. Who is the fastest?
(a) Sachin Tendulkar
(b) Ricky Ponting
(c) Virat Kohli
(d) AB de Villiers
(e) MS Dhoni
19) Which of the following pair is correct?
(a) International Mother Language Day- February 21
(b) World Thinking Day- February 22
(c) World Scout Day- February 21
(d) Both A&B
(e) All the above correct
20) Which of the following wildlife sanctuaries is located in Madhya Pradesh?
(a) Gandhi Sagar Wildlife Sanctuary
(b) Sundarbans Wildlife Sanctuary
(c) Kaziranga Wildlife Sanctuary
(d) Manas Wildlife Sanctuary
(e) Jim Corbett Wildlife Sanctuary
Answers :
1) Answer: B
Short Explanation:
Bank lending to Non Banking Financial Companies (NBFCs) grew at 6.7% in 2024, compared to 15% in 2023, reaching ₹16.22 lakh crore as of December 2024.
In absolute terms, bank lending fell to ₹1 lakh crore in 2024 from nearly ₹2 lakh crore in the previous year, according to RBI data.
Detailed Explanation:
Bank lending to Non Banking Financial Companies (NBFCs) grew at 6.7% in 2024, compared to 15% in 2023, reaching ₹16.22 lakh crore as of December 2024.
In absolute terms, bank lending fell to ₹1 lakh crore in 2024 from nearly ₹2 lakh crore in the previous year, according to RBI data.
The slowdown was driven by higher funding costs after the RBI raised risk weights on such loans.
In November 2023, RBI increased the risk weight on bank credit to NBFCs by 25 basis points to 125%, making lending costlier and leading banks to become more selective.
NBFCs are diversifying their funding sources, turning to the domestic capital market (bonds) and the overseas market (dollar bonds and syndicated loans).
2) Answer: B
India's economic growth is projected to slow to 6.4% in 2025, down from 6.6% in 2024, primarily due to new U.S. tariffs and weakening global demand impacting exports, according to a report by Moody's Analytics.
The report, titled 'Asia-Pacific Outlook: Chaos Ahead,' highlights that the entire Asia-Pacific region is expected to experience slower growth as trade tensions, policy uncertainties, and uneven economic recoveries affect the region's fortunes.
Specifically, China's GDP growth is forecasted to decline from 5% in 2024 to 4.2% in 2025 and 3.9% in 2026.
3) Answer: B
Short Explanation:
Detailed Explanation:
Reserve Bank of India received bids worth ₹1.87 trillion against the notified amount of ₹40,000 crore at the Open Market Operation auction.
The cut-off price was set below the secondary market price due to high demand.
PSU banks were major participants, driven by liquidity deficit.
RBI has purchased ₹1 trillion in government securities via OMO auctions.
RBI bought ₹58,875 crore worth of securities in January through screen-based OMOs.
RBI acquired ₹39,000 crore worth of bonds in the secondary market.
4) Answer: D
Short Explanation:
India is projected to become a high-income country by 2047 with a GDP of USD 23-35 trillion.
The services sector will contribute 60% of GDP, while manufacturing will account for 32%.
Sectoral technology roadmap and advances in AI-driven chip design, touchless manufacturing, and backward integration to boost competitiveness and innovation.
Detailed Explanation:
India is projected to become a high-income country by 2047 with a GDP of USD 23-35 trillion.
The services sector will contribute 60% of GDP, while manufacturing will account for 32%.
200 million individuals expected to enter the workforce, creating opportunities for high-value job creation.
Sectoral technology roadmap and advances in AI-driven chip design, touchless manufacturing, and backward integration to boost competitiveness and innovation.
The manufacturing sector’s export share could rise from 24% to 45%-50% by 2047, with GDP contribution increasing from 3% to 8%-10%.
Renewable energy share in total energy production could increase from 24% (2023) to 70% (2047).
Auto-component exports are expected to reach USD 200-250 billion by 2047, driven by ICE market share capture and transition to EVs
5) Answer: B
Short Explanation:
India has made a significant advancement in modernizing its aviation sector by launching the Electronic Personnel License (EPL) for flight crew.
With this initiative, India becomes the second country in the world after China to implement digital licensing for pilots.
Detailed Explanation:
India has made a significant advancement in modernizing its aviation sector by launching the Electronic Personnel License (EPL) for flight crew.
With this initiative, India becomes the second country in the world after China to implement digital licensing for pilots.
The EPL was introduced by Civil Aviation Minister K. Rammohan Naidu and is expected to enhance convenience, transparency, and efficiency in the licensing process.
India is the second country globally, after China, to introduce EPL for flight crew.
Launched by: Civil Aviation Minister K. Rammohan Naidu
Regulatory Body: Directorate General of Civil Aviation (DGCA)
6) Answer: B
Short Explanation:
The Uttar Pradesh Budget 2025-26, presented by State Finance Minister Suresh Kumar Khanna on February 20, 2025, has a total outlay of ₹8,08,736 crore.
This reflects a 9.8% increase from the ₹7,36,437 crore budget of 2024-25.
Detailed Explanation:
The Uttar Pradesh Budget 2025-26, presented by State Finance Minister Suresh Kumar Khanna on February 20, 2025, has a total outlay of ₹8,08,736 crore.
This reflects a 9.8% increase from the ₹7,36,437 crore budget of 2024-25.
Budget Overview
Total Budget: ₹8,08,736 crore (₹8.08 lakh crore), a 9.8% increase from the previous year's ₹7,36,437 crore.
New Expenditure: ₹28,478 crore allocated for new initiatives.
Major Sector Allocations
Infrastructure Development: ₹1,79,921 crore (22%) – roads, expressways, smart cities.
Education: ₹1,06,000 crore (13%) – smart classrooms, scholarships, digital learning.
Agriculture & Rural Development: ₹89,353 crore (11%) – farmer welfare, irrigation, water conservation.
Healthcare: ₹50,550 crore (6%) – free medical treatment, new medical colleges, AIIMS expansions.
Social Welfare & Women Empowerment: ₹7,980 crore – mass marriage scheme, pension for widows.
7) Answer: B
Short Explanation:
Professor Sabyasachi Kar has been appointed as the Director of the Institute of Economic Growth (IEG), New Delhi, effective February 6, 2025.
He succeeds Professor Chetan Ghate.
Kar currently serves as the Reserve Bank of India (RBI) Chair Professor at IEG.
He is a member of the Ministry of Statistics and Programme Implementation’s (MoSPI) Committee on Regional Accounts.
Detailed Explanation:
Professor Sabyasachi Kar has been appointed as the Director of the Institute of Economic Growth (IEG), New Delhi, effective February 6, 2025.
He succeeds Professor Chetan Ghate.
Kar currently serves as the Reserve Bank of India (RBI) Chair Professor at IEG.
He is a member of the Ministry of Statistics and Programme Implementation’s (MoSPI) Committee on Regional Accounts.
Previously, he has held roles such as co-editor of the Journal of South Asian Development and Honorary Senior Research Fellow at the University of Manchester.
He holds a PhD in Economics from Jawaharlal Nehru University (JNU).
His research interests include macroeconomics, economic growth, development economics, and political economy.
He has published numerous academic articles in national and international journals and edited volumes.
8) Answer: B
Short Explanation:
The government has extended the tenure of Chief Economic Adviser (CEA) V Anantha Nageswaran by more than two years until March 31, 2027.
This extension virtually rules him out as a contender for the post of Reserve Bank of India (RBI) Deputy Governor, a role for which he was recently interviewed.
Michael Patra, the former RBI Deputy Governor in charge of monetary policy, retired in January, 2025.
Nageswaran has recently advocated for a change in the RBI’s inflation target to exclude food prices.
Detailed Explanation:
The government has extended the tenure of Chief Economic Adviser (CEA) V Anantha Nageswaran by more than two years until March 31, 2027.
This extension virtually rules him out as a contender for the post of Reserve Bank of India (RBI) Deputy Governor, a role for which he was recently interviewed.
Michael Patra, the former RBI Deputy Governor in charge of monetary policy, retired in January, 2025.
Nageswaran has recently advocated for a change in the RBI’s inflation target to exclude food prices.
His first term as CEA was for three years until January 2025.
The CEA's office is responsible for:
Advising the government on various economic policies.
Drafting the Economic Survey, which is presented in Parliament a day before the Union Budget.
9) Answer: C
Short Explanation:
Kotak Mahindra Bank has announced senior-level appointments, with Vyomesh Kapasi moving to head products in the consumer bank.
Shahrukh Todiwala has been elevated to replace Kapasi as the head of Kotak Mahindra Prime.
Detailed Explanation:
Kotak Mahindra Bank has announced senior-level appointments, with Vyomesh Kapasi moving to head products in the consumer bank.
Shahrukh Todiwala has been elevated to replace Kapasi as the head of Kotak Mahindra Prime.
Chinese Wok, India's largest quick service restaurant chain specializing in Chinese cuisine, plans to add 25 outlets in East India as part of its expansion.
The company aims to increase revenues to ₹1,000 crore after closing FY25’s March quarter with an annual revenue of ₹650 crore.
The expansion is part of Chinese Wok’s broader strategy to strengthen its presence in India’s fast-growing QSR market.
10) Answer: C
The central government has extended NITI Aayog CEO BVR Subrahmanyam’s term by a year, beyond February 24, 2025, or until further orders.
This announcement was made by the Secretariat of the Appointments Committee of the Cabinet under the Ministry of Personnel, Public Grievances and Pensions.
Subrahmanyam joined the CEO of NITI Aayog—the government's top policy think-tank—on February 25, 2023.
11) Answer: B
Short Explanation:
The Ministry of Defence signed a ₹1,220.12 crore contract with Bharat Electronics Limited (BEL) for 149 Software Defined Radios for the Indian Coast Guard.
The contract falls under the ‘Buy (Indian-IDDM)’ category, supporting domestic defence manufacturing.
Detailed Explanation:
The Ministry of Defence signed a ₹1,220.12 crore contract with Bharat Electronics Limited (BEL) for 149 Software Defined Radios for the Indian Coast Guard.
The contract falls under the ‘Buy (Indian-IDDM)’ category, supporting domestic defence manufacturing.
The radios will enhance secure data sharing, high-speed voice communication, and situational awareness.
The equipment will strengthen the Coast Guard’s maritime law enforcement, search and rescue, fisheries protection, and marine environment protection capabilities.
These radios will improve interoperability for joint operations with the Indian Navy.
The deal aligns with the ‘Aatmanirbhar Bharat’ initiative, promoting indigenous military-grade communication systems and creating employment opportunities.
12) Answer: B
Short Explanation:
The Ministry of Defence signed contracts worth ₹697.35 crore with ACE Limited and JCB India Limited for procuring 1,868 Rough Terrain Fork Lift Trucks (RTFLT) for the Indian Army, Indian Air Force, and Indian Navy.
The contracts were signed in the presence of Defence Secretary R K Singh.
Detailed Explanation:
The Ministry of Defence signed contracts worth ₹697.35 crore with ACE Limited and JCB India Limited for procuring 1,868 Rough Terrain Fork Lift Trucks (RTFLT) for the Indian Army, Indian Air Force, and Indian Navy.
The contracts were signed in the presence of Defence Secretary R K Singh.
RTFLT is a critical equipment that assists in combat and logistics support by reducing manual handling of stores and enhancing operational effectiveness.
The procurement falls under the 'Buy (Indian)' category, boosting domestic defence manufacturing and generating employment, benefiting MSMEs.
The Ministry also signed a ₹1,220.12 crore contract with Bharat Electronics Limited (BEL) for procuring 149 Software Defined Radios (SDRs) for the Indian Coast Guard.
13) Answer: B
Short Explanation:
Central Depository Services (India) (CDSL) and National Securities Depository (NSDL) have introduced new features in their investor apps:
MyEasi (CDSL)
SPEED-e (NSDL)
The initiative is backed by SEBI to provide a consolidated view of investor holdings across Market Infrastructure Institutions (MIIs).
Detailed Explanation:
Central Depository Services (India) (CDSL) and National Securities Depository (NSDL) have introduced new features in their investor apps:
MyEasi (CDSL)
SPEED-e (NSDL)
The initiative is backed by SEBI to provide a consolidated view of investor holdings across Market Infrastructure Institutions (MIIs).
Consolidated Securities View – Investors can see all holdings from CDSL and NSDL on a single dashboard.
Portfolio Management – Access transaction and holding statements in one place for simplified tracking.
Market Position Monitoring – Investors can track open positions and margin details across stock exchanges and clearing corporations.
14) Answer: B
Short Explanation:
The Nagaland Forest Management Project (NFMP) has been recognized with the prestigious SKOCH Award 2024, honoring its outstanding contributions to national development.
The award was presented during the 100th SKOCH Summit at the India Habitat Centre, New Delhi.
Detailed Explanation:
The Nagaland Forest Management Project (NFMP) has been recognized with the prestigious SKOCH Award 2024, honoring its outstanding contributions to national development.
The award was presented during the 100th SKOCH Summit at the India Habitat Centre, New Delhi.
Ango Konyak, Deputy Project Director of NFMP, and Wennyei Konyak, Resident Commissioner of Nagaland House in New Delhi, accepted the award on behalf of the Department of Environment, Forests & Climate Change (DEFCC), Government of Nagaland (GoN).
Supported by the Japan International Cooperation Agency (JICA), the project focuses on forest ecosystem improvement, rehabilitation of jhum (shifting cultivation) areas, and livelihood enhancement through sustainable practices.
15) Answer: B
Short Explanation:
Reliance Industries Limited (RIL) has made history by securing the No. 2 position in the FutureBrand Index 2024, surpassing Apple, Nike, and Microsoft.
Detailed Explanation:
Reliance Industries Limited (RIL) has made history by securing the No. 2 position in the FutureBrand Index 2024, surpassing Apple, Nike, and Microsoft.
This marks the first time an Indian company has entered the top three of this global ranking, which evaluates companies based on brand perception, consumer trust, and strategic impact rather than financial performance.
First Indian Company to rank in the Top 3 of FutureBrand Index
Ranks Above Apple (#3), Microsoft (#4), and Nike (#6)
Massive Leap from #13 in 2023 to #2 in 2024
Samsung Takes #1 Spot, Reliance Outperforms Global Giants
16) Answer: D
Short Explanation:
According to the Forbes Billionaire List 2024, women now constitute 13.3% of the global billionaire population, with the top 10 wealthiest women collectively amassing over $500 billion.
Alice Walton Tops the List: Walmart heiress Alice Walton reclaims the No. 1 spot, surpassing L’Oréal’s Françoise Bettencourt Meyers, who had held the position for four years.
New Entrants: Marilyn Simons joins the list after inheriting wealth from her late husband, hedge fund legend Jim Simons.
Detailed Explanation:
According to the Forbes Billionaire List 2024, women now constitute 13.3% of the global billionaire population, with the top 10 wealthiest women collectively amassing over $500 billion.
From business moguls to industry pioneers, these women are reshaping financial power dynamics, proving that wealth isn’t just about numbers—it’s about innovation, leadership, and impact.
Alice Walton Tops the List: Walmart heiress Alice Walton reclaims the No. 1 spot, surpassing L’Oréal’s Françoise Bettencourt Meyers, who had held the position for four years.
New Entrants: Marilyn Simons joins the list after inheriting wealth from her late husband, hedge fund legend Jim Simons.
India’s Richest Woman: Savitri Jindal & Family ranks 7th globally, making her the wealthiest woman in India with a net worth of $32.3 billion.
17) Answer: D
Short Explanation:
Indian pacer Mohammed Shami has cemented his place in cricket history by becoming the fastest Indian to reach 200 ODI wickets during the India vs Bangladesh clash in the ICC Champions Trophy 2025 in Dubai.
He surpassed Ajit Agarkar’s record (133 matches) by achieving the feat in just 110 matches.
Detailed Explanation:
Indian pacer Mohammed Shami has cemented his place in cricket history by becoming the fastest Indian to reach 200 ODI wickets during the India vs Bangladesh clash in the ICC Champions Trophy 2025 in Dubai.
He surpassed Ajit Agarkar’s record (133 matches) by achieving the feat in just 110 matches.
On the global stage, Shami equaled Pakistan’s Saqlain Mushtaq as the joint second-fastest to reach this milestone, trailing only Mitchell Starc (102 matches).
Additionally, he became India’s highest wicket-taker in ICC ODI tournaments with 60 wickets in 19 matches, surpassing Zaheer Khan’s 59 wickets.
18) Answer: C
Short Explanation:
Indian cricket captain Rohit Sharma achieved a historic milestone by becoming the second fastest batsman to reach 11,000 runs in One-Day Internationals (ODIs).
He accomplished this feat during India’s Champions Trophy 2025 match against Bangladesh in Dubai on February 20, 2025.
Became the second fastest to the milestone, only behind Virat Kohli (222 innings).
Detailed Explanation:
Indian cricket captain Rohit Sharma achieved a historic milestone by becoming the second fastest batsman to reach 11,000 runs in One-Day Internationals (ODIs).
He accomplished this feat during India’s Champions Trophy 2025 match against Bangladesh in Dubai on February 20, 2025.
With this, Rohit became the fourth Indian and the 10th player overall in ODI history to reach this landmark.
- Rohit Sharma’s 11,000-Run Milestone
Achieved 11,000 ODI runs in just 261 innings and 270 matches.
Became the second fastest to the milestone, only behind Virat Kohli (222 innings).
Reached the milestone in the fourth over of India’s chase of 229 runs, with a boundary off Mustafizur Rahman over mid-on.
Fourth Indian cricketer to reach 11,000 runs, after Sachin Tendulkar, Sourav Ganguly, and Virat Kohli.
19) Answer: D
Every year February 21 is celebrated as International Mother Language Day 2025 all over the world.
UNESCO declared February 21st as International Mother Language Day in the year 1999 and has been witnessed all throughout the world since 2000.
World Scout Day is celebrated every 22nd February.
Each year on February 22nd, we honour Robert Baden-birth Powell's anniversary by celebrating World Scout Day.
World Thinking Day 2025 is observed on 22nd February.
In 1999, during the Dubai Conference, the name of Thinking Day was changed to ‘World Thinking Day.’
20) Answer: A
About Madhya Pradesh:
Chief Minister: Mohan Yadav
Governor: Mangubhai Chhaganbhai Patel
Capital: Bhopal
National Parks: Kanha National Park, Bandhavgarh National Park, Pench National Park, Panna National Park.
Wildlife Sanctuaries: Bori Wildlife Sanctuary, Gandhi Sagar Wildlife Sanctuary, Ken Gharial Sanctuary, Kuno Wildlife Sanctuary.
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