Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 24th & 25th August 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) According to the latest Reserve Bank of India (RBI) data, As of the week ending August 15, 2025, India’s foreign exchange reserves stood at____________.

(a) $690.62 billion

(b) $692.22 billion

(c) $695.11 billion

(d) $697.50 billion

(e) $700.00 billion

2) According to data from the Reserve Bank of India (RBI),India’s systemic bank credit growth reached_________ by ending August 8, 2025. 

(a) 10.22%

(b) 10.03%

(c) 10.85%

(d) 10.28%

(e) 10.50%

3) Recently, VinFast Auto India partnered with which bank to provide financing solutions for its customers ahead of its product rollout in India?

(a) HDFC Bank

(b) ICICI Bank

(c) State Bank of India (SBI)

(d) Axis Bank

(e) Kotak Mahindra Bank

4) According to the State Bank of India (SBI) report, what is the intended private capital expenditure (capex) for FY26?

(a) ₹3.9 lakh crore

(b) ₹4.2 lakh crore

(c) ₹5.7 lakh crore

(d) ₹6.6 lakh crore

(e) ₹7.5 lakh crore

5) Where has the State Bank of India (SBI) established a Centre of Excellence (CoE) for MSMEs?

(a) Mumbai

(b) Hyderabad

(c) New Delhi

(d) Bengaluru

(e) Gurugram

6) Between April 2024 and June 2025, the Securities and Exchange Board of India (SEBI)took enforcement action against how many entities for fraudulent and unfair trade practices?

(a) 786

(b) 812

(c) 886

(d) 900

(e) 950

7) The Central Consumer Protection Authority (CCPA) imposed a ₹3 lakh penalty on which company for misleading advertisements regarding CoolSculpting treatments?

(a) Kaya Limited

(b) VLCC Limited

(c) TATA Health

(d) Apollo Hospitals

(e) Medlife

8) Which Indian state became the first fully digitally literate state after completing the first phase of the Digi project?

(a) Tamil Nadu

(b) Karnataka

(c) Goa

(d) Maharashtra

(e) Kerala

9) As per the news, Prime Minister Narendra Modi inaugurated Homi Bhabha Cancer Hospital and Research Centre in which city of Bihar?

(a) Muzaffarpur

(b) Gaya

(c) Buxar

(d) Munger

(e) Patna

10) SEMICON India 2025, to be inaugurated on 2nd September 2025 at Yashobhoomi, New Delhi, is which edition of the event?

(a) 2^nd

(b) 3^rd

(c) 5^th

(d) 4^th

(e) 6^th

11) Which organization collaborated with NITI Aayog to release the report “Rethinking Homestays: Navigating Policy Pathways”?

(a) IAMAI

(b) CII

(c) FICCI

(d) ASSOCHAM

(e) NASSCOM

12) Who is leading the two high-level committees set up by the Central Government to accelerate next-generation reforms for achieving the Viksit Bharat vision?

(a) Amit Shah

(b) Rajnath Singh

(c) Rajiv Gauba

(d) Nirmala Sitharaman

(e) Piyush Goyal

13) Which organization did the Department of Posts (DoP) sign an MoU with on August 22, 2025, to facilitate mutual fund investments?

(a) SEBI

(b) AMFI

(c) RBI

(d) NABARD

(e) PFRDA

14) The National Aeronautics and Space Administration’s (NASA’s)James Webb Space Telescope discovered a new 29th satellite of Uranus in 2025. What is its temporary designation?

(a) S/2025 U1

(b) U-29

(c) JWST-U29

(d) Uranus-B1

(e) S/2025 UA

15) Which invasive pest is currently threatening Kerala’s rubber plantations by carrying harmful fungi?

(a) Red palm weevil

(b) Fall armyworm

(c) Coffee borer beetle

(d) Ambrosia beetle

(e) Asian longhorned beetle

Answers :

1) Answer: C

Short Explanation:

According to the latest Reserve Bank of India (RBI) data, India's foreign exchange reserves increased by $1.49 billion to a total of $695.11 billion in the week ending August 15, 2025.

Detailed Explanation:

According to the latest Reserve Bank of India (RBI) data, India's foreign exchange reserves increased by $1.49 billion to a total of $695.11 billion in the week ending August 15, 2025.

The primary driver of this increase was a $1.92 billion jump in Foreign Currency Assets (FCA), bringing the total to $585.90 billion.

In contrast, gold reserves decreased by $493 million, now valued at $85.67 billion.

The country's Special Drawing Rights (SDRs) rose by $41 million to $18.78 billion.

India's reserve position with the International Monetary Fund (IMF) also slightly increased by $15 million to $4.75 billion.

2) Answer: A

Short Explanation:

According to data from the Reserve Bank of India (RBI), systemic bank credit growth in India reached 10.22% year-on-year for the fortnight ending August 8, 2025.

This marks the highest growth rate in over three months.

Systemic credit growth stood at 10.22% as of August 8, 2025, up from 10.03% in the previous fortnight (ending July 25, 2025).

Detailed Explanation:

According to data from the Reserve Bank of India (RBI), systemic bank credit growth in India reached 10.22% year-on-year for the fortnight ending August 8, 2025.

This marks the highest growth rate in over three months.

Systemic credit growth stood at 10.22% as of August 8, 2025, up from 10.03% in the previous fortnight (ending July 25, 2025).

This is the highest rate since April 18, 2025, when it was 10.28%.

The total outstanding bank credit was ₹186.06 lakh crore as of August 8, 2025, compared to ₹168.80 lakh crore a year earlier.

Bank deposit growth was 10.05% year-on-year.

The total outstanding deposits were ₹234.74 lakh crore as of August 8, 2025.

3) Answer: C

VinFast Auto India, a subsidiary of the Vietnam-based electric vehicle (EV) manufacturer, has partnered with State Bank of India (SBI) to provide financing solutions for its customers.

The collaboration is part of a Memorandum of Understanding (MoU) aimed at offering a "seamless suite of credit solutions" before VinFast's official product rollout in the country.

Through this partnership, customers will be able to access a range of financial products, including attractive interest rates, flexible repayment options, and up to 100% on-road funding.

4) Answer: D

According to a report by the State Bank of India (SBI), the intended private capital expenditure (capex) for FY26 is notably lower than that of FY25.

This downturn is a concern for India's economic growth, as it's not complementing the government's spending.

Decline in Planned Investment: The intended private capex for the fiscal year 2026 is projected to be significantly lower than the previous year.

This is based on a survey of 2,170 enterprises across various sectors.

Historical Data:

2021-22: ₹3.9 lakh crore

2022-23: ₹5.7 lakh crore

2023-24: ₹4.2 lakh crore

FY26 (Intended): The intended investment is pegged at ₹6.6 lakh crore, which is still not considered sufficient for sustained high economic growth.

5) Answer: E

Short Explanation:

The State Bank of India (SBI) has established a Centre of Excellence (CoE) for Micro, Small and Medium Enterprises (MSMEs) at the State Bank Academy (SBA) in Gurugram.

Detailed Explanation:

The State Bank of India (SBI) has established a Centre of Excellence (CoE) for Micro, Small and Medium Enterprises (MSMEs) at the State Bank Academy (SBA) in Gurugram.

The primary goal of the center is to strengthen the MSME ecosystem through capacity building, research, and industry collaboration. This initiative aligns with India's vision of becoming a developed nation.

The CoE was inaugurated by Financial Services Secretary M. Nagaraju and SBI Chairman C.S. Setty.

6) Answer: C

Short Explanation:

The Securities and Exchange Board of India (SEBI) has taken enforcement action against 886 entities for fraudulent and unfair trade practices in the securities market between April 2024 and June 2025.

These actions were taken under the SEBI (Prohibition of Fraudulent and Unfair Trade Practices) Regulations, 2003 (PFUTP).

Detailed Explanation:

The Securities and Exchange Board of India (SEBI) has taken enforcement action against 886 entities for fraudulent and unfair trade practices in the securities market between April 2024 and June 2025.

These actions were taken under the SEBI (Prohibition of Fraudulent and Unfair Trade Practices) Regulations, 2003 (PFUTP).

The main objective of these regulations and the subsequent enforcement actions is to protect investors and ensure fair play and integrity in the securities market.

SEBI's investigations also include looking into allegations of mis-statements in financial statements of listed companies, as these can mislead investors and affect share prices.

7) Answer: B

Short Explanation:

Central Consumer Protection Authority (CCPA) imposed a ₹3 lakh penalty on VLCC Limited for misleading advertisements regarding CoolSculpting (fat-freezing) treatments.

Earlier, Kaya Limited was also fined ₹3 lakh for similar misleading claims on CoolSculpting.

Detailed Explanation:

Central Consumer Protection Authority (CCPA) imposed a ₹3 lakh penalty on VLCC Limited for misleading advertisements regarding CoolSculpting (fat-freezing) treatments.

Earlier, Kaya Limited was also fined ₹3 lakh for similar misleading claims on CoolSculpting.

Misleading claims by VLCC included:

“Lose up to 600g and 7 cm in 1 session”

“Drop 1 Size in 1 session permanently”

“Drop one size in one hour”

“With Lipolaser Lose 6 cm and 400g in one session”

CCPA’s finding- Ads misrepresented CoolSculpting as permanent weight-loss treatment, while it is only approved for localized fat reduction for Body Mass Index (BMI) ≤ 30.

US Food and Drug Administration (US-FDA) approval details:

Approved only for reducing fat bulges in specific body areas (upper arm, abdomen, thigh, flank, bra fat, back fat, banana roll, submental area).

It is not approved as a weight-loss solution.

Clinical trials included 57 participants (Caucasian, Hispanic, African American) with no Indian or Asian subjects.

8) Answer: E

Short Explanation:

Kerala has become the first fully digitally literate state in India after the successful completion of the first phase of the Digi Kerala project.

The announcement was made by Chief Minister Pinarayi Vijayan after surveys and training across all local bodies.

Detailed Explanation:

Kerala has become the first fully digitally literate state in India after the successful completion of the first phase of the Digi Kerala project.

The announcement was made by Chief Minister Pinarayi Vijayan after surveys and training across all local bodies.

The survey covered 1.5 crore people from 83.46 lakh families and identified 21.88 lakh digitally illiterate individuals. Out of these, 21.87 lakh (99.98%) completed training and passed evaluations.

The programme ensured inclusivity, training people from all age groups, including senior citizens. The oldest participant was 104-year-old M.A. Abdullah Moulavi Baqavi from Ernakulam district.

Training was conducted through local bodies, reflecting Kerala’s decentralised governance model and ensuring community participation.

9) Answer: A

Short Explanation:

Prime Minister Shri Narendra Modi inaugurated and laid the foundation stone of multiple development projects worth ₹12,000 crore at Gaya, Bihar, covering key sectors like energy, healthcare, railways, road and urban development.

The PM inaugurated Homi Bhabha Cancer Hospital and Research Centre at Muzaffarpur, equipped with advanced Oncology facilities including OPD, IPD wards, ICUs, HDUs, operation theatres, labs and blood bank, to provide affordable cancer care in Bihar and neighbouring states.

Detailed Explanation:

Prime Minister Shri Narendra Modi inaugurated and laid the foundation stone of multiple development projects worth ₹12,000 crore at Gaya, Bihar, covering key sectors like energy, healthcare, railways, road and urban development.

The PM inaugurated Homi Bhabha Cancer Hospital and Research Centre at Muzaffarpur, equipped with advanced Oncology facilities including OPD, IPD wards, ICUs, HDUs, operation theatres, labs and blood bank, to provide affordable cancer care in Bihar and neighbouring states.

The PM inaugurated Buxar Thermal Power Plant (1x660 MW, worth ₹6,880 crore) and announced new power projects at Nabinagar (Aurangabad) and Pirpainti (Bhagalpur) to enhance electricity supply and boost industrial growth in Bihar.

Infrastructure projects inaugurated include the 8.15 km Aunta–Simaria bridge on NH-31 (cost ₹1,870 crore), parallel to Rajendra Setu, providing direct connectivity between Mokama (Patna) and Begusarai and reducing extra travel distance of 100+ km for heavy vehicles.

PM also inaugurated the four-lane Bakhtiyarpur–Mokama section of NH-31 (worth ₹1,900 crore) and upgraded NH-120 Bikramganj–Dawath–Nawanagar–Dumraon section to improve freight movement and rural connectivity.

Under Namami Gange Programme, the PM inaugurated Sewerage Treatment Plant (STP) and Sewerage Network at Munger (worth ₹520 crore) to reduce Ganga pollution load.

10) Answer: D

Short Explanation:

The fourth edition of SEMICON India 2025 will be inaugurated by Prime Minister Shri Narendra Modi on 2nd September 2025 at Yashobhoomi (India International Convention and Expo Centre), New Delhi.

The event will convene global leaders, semiconductor industry experts, academia, government officials and students, reinforcing India’s positioning as a global semiconductor powerhouse.

Detailed Explanation:

The fourth edition of SEMICON India 2025 will be inaugurated by Prime Minister Shri Narendra Modi on 2nd September 2025 at Yashobhoomi(India International Convention and Expo Centre), New Delhi.

The event will convene global leaders, semiconductor industry experts, academia, government officials and students, reinforcing India’s positioning as a global semiconductor powerhouse.

Under the Semicon India Programme, the Government of India has approved 10 projects in key areas including High-Volume Fabrication Units (Fabs), 3D Heterogeneous Packaging, Compound Semiconductors (including Silicon Carbide – SiC), and Outsourced Semiconductor Assembly and Test (OSATs).

The Government is providing state-of-the-art design tools to 280+ academic institutes and 72 start-ups, while 23 start-ups have been approved under the Design Linked Incentive (DLI) scheme for innovations in applications like Closed-Circuit Television (CCTV), navigation systems, motor controllers, communication chips, and microprocessor units.

11) Answer: A

Short Explanation:

NITI Aayog in collaboration with the Internet and Mobile Association of India (IAMAI) released a report titled “Rethinking Homestays: Navigating Policy Pathways”.

Detailed Explanation:

NITI Aayog in collaboration with the Internet and Mobile Association of India (IAMAI) released a report titled “Rethinking Homestays: Navigating Policy Pathways”.

The report was unveiled by Shri Suman Bery, Vice Chairman, NITI Aayog, in the presence of Shri Yugal Kishore Joshi, Programme Director, officials from the Ministry of Tourism, Ministry of Culture, and representatives from Goa, Kerala, Uttarakhand, and Uttar Pradesh.

The report highlights homestays as cultural bridges promoting authentic, immersive travel experiences and supporting local entrepreneurship and job creation.

It advocates for a light-touch, transparent regulatory framework ensuring safety, heritage protection, and sustainable growth.

Public–private collaboration was emphasized through the involvement of IAMAI, MakeMyTrip, Airbnb, Chase India, Indian School of Public Policy (ISPP), and The Convergence Foundation.

12) Answer: C

Short Explanation:

The Central Government has set up two high-level committees under the leadership of Rajiv Gauba, a full-time NITI Aayog member and former Cabinet Secretary, to accelerate next-generation reforms and achieve the Viksit Bharat (Developed India) vision.

Detailed Explanation:

The Central Government has set up two high-level committees under the leadership of Rajiv Gauba, a full-time NITI Aayog member and former Cabinet Secretary, to accelerate next-generation reforms and achieve the Viksit Bharat (Developed India) vision.

Panel on Viksit Bharat Goals: Will strategize long-term policies and actions to help India become a developed nation by 2047.

Panel on Non-Financial Regulatory Reforms: Will focus on overhauling and simplifying regulatory frameworks in non-financial sectors to enhance economic competitiveness and ease of doing business.

The committees will work in coordination with ministerial panels chaired by Union Home Minister Amit Shah and Defence Minister Rajnath Singh, ensuring top-level political support and faster execution.

A separate state-level deregulation committee has been constituted under Cabinet Secretary T.V.S. Swaminathan to address regulatory bottlenecks at the state level.

13) Answer: B

Short Explanation:

In a step towards deepening financial inclusion, the Department of Posts (DoP) under the Ministry of Communications, Government of India, and the Association of Mutual Funds in India (AMFI) signed a Memorandum of Understanding (MoU) August 22, 2025 during the 30th Foundation Day Celebration of AMFI in Mumbai.

Detailed Explanation:

In a step towards deepening financial inclusion, the Department of Posts (DoP) under the Ministry of Communications, Government of India, and the Association of Mutual Funds in India (AMFI) signed a Memorandum of Understanding (MoU) August 22, 2025 during the 30th Foundation Day Celebration of AMFI in Mumbai.

This agreement introduces a new service model where India Post will act as a distributor to facilitate mutual fund investments through its extensive postal network, especially benefitting citizens in rural and semi-urban areas.

The initiative aims to broaden access to mutual fund products by leveraging the trust and reach of post offices across India.

Under this agreement, DoP staff will function as mutual fund distributors to enhance penetration in smaller towns and rural regions, where awareness of structured financial products is traditionally low.

The MoU is valid for three years (Aug 22, 2025 – Aug 21, 2028), with provisions for renewal.

14) Answer: A

Short Explanation:

The National Aeronautics and Space Administration’s (NASA’s) James Webb Space Telescope has discovered a new, 29th satellite of Uranus, temporarily designated S/2025 U1.

The discovery was made on February 2, 2025, by a team led by the Southwest Research Institute (SwRI).

Detailed Explanation:

The National Aeronautics and Space Administration’s (NASA’s) James Webb Space Telescope has discovered a new, 29th satellite of Uranus, temporarily designated S/2025 U1.

The discovery was made on February 2, 2025, by a team led by the Southwest Research Institute (SwRI).

The newly discovered moon is approximately 10 kilometers in diameter and orbits Uranus at a distance of about 56,000 kilometers.

The International Astronomical Union (IAU) will be responsible for assigning the satellite its official name.

In a related development, Saturn now holds the record for the most satellites, with a total of 274 moons, following the discovery of 128 new moons in March 2025

15) Answer: D

Kerala’s rubber plantations are under threat from an invasive pest, the ambrosia beetle (Euplatypusparallelus), which carries harmful fungi causing extensive tree damage. The infestation is impacting latex production and the local economy, raising concern among researchers and farmers.