Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 29th March 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) Which Indian bank has become the first to launch near-real-time, 24/7 programmable USD clearing capabilities?

(a) HDFC Bank

(b) ICICI Bank

(c) Axis Bank

(d) State Bank of India

(e) YES Bank

2) Which bank has partnered with New India Assurance to offer general insurance products?

(a) State Bank of India

(b) Punjab National Bank

(c) Bank of Baroda

(d) Bank of India

(e) Canara Bank

3) Under which program will high-speed broadband connectivity be extended to rural areas?

(a) Digital India Mission

(b) BharatNet Programme

(c) Smart Cities Mission

(d) Startup India Initiative

(e) Make in India

4) Recently, the  Bank of Baroda Offers Financial Aid Under Pradhan Mantri-Vidyalaxmi Scheme. How many dedicated Education Loan Sanctioning Cells (ELSC) does Bank of Baroda have?

(a) 10

(b) 12

(c) 15

(d) 20

(e) 25

5) How many nominees can a bank account holder now have, as per the Banking Laws (Amendment) Bill, 2024?

(a) Two

(b) Three

(c) Four

(d) Five

(e) Unlimited

6) How much loan has the Asian Development Bank (ADB) provided to Shriram Finance Limited?

(a) $100 million

(b) $150 million

(c) $200 million

(d) $250 million

(e) $300 million

7) Which country remains the top tea exporter globally in 2024?

(a) India

(b) Sri Lanka

(c) China

(d) Kenya

(e) Indonesia

8) Which of the following institutions was NOT involved in hosting the Nano Electronics Roadshow?

(a) IIT Bombay

(b) IIT Madras

(c) IIT Delhi

(d) IIM Ahmedabad

(e) IIT Kharagpur

9) What is the primary purpose of the Digital Crop Survey (DCS) System?

(a) To provide financial assistance to farmers

(b) To collect real-time crop-sown details directly from the field

(c) To monitor soil health and water availability

(d) To promote organic farming practices

(e) To create an online marketplace for agricultural products

10) How much does the Indian government plan to raise through dated securities in H1 of FY26?

(a) ₹8 lakh crore

(b) ₹7 lakh crore

(c) ₹9 lakh crore

(d) ₹10 lakh crore

(e) ₹12 lakh crore

11) What percentage does India's textile industry contribute to the national GDP?

(a) 1%

(b) 2%

(c) 3.5%

(d) 5%

(e) 6.2%

12) Which Indian state is implementing an Early Warning System (EWS) for disaster preparedness?

(a) Assam

(b) Nagaland

(c) Manipur

(d) Meghalaya

(e) Arunachal Pradesh

13) Who is Yusuf Pachmariwala succeeding as MD & CEO of Hitachi Cash Management Services?

(a) Ramesh Iyer

(b) Vikram Sharma

(c) Anup Neogi

(d) Pankaj Gupta

(e) Rahul Bajaj

14) Who has been assigned the additional charge as Chairperson of the National Council of Vocational Education & Training (NCVET)?

(a) Rajesh Verma

(b) Atul Kumar Tiwari

(c) Sanjay Malhotra

(d) Arvind Krishna

(e) Suresh Prabhu

15) Which company has been contracted for the procurement of the Nag Missile System (NAMIS) Tracked version?

(a) Bharat Electronics Limited (BEL)

(b) Hindustan Aeronautics Limited (HAL)

(c) Armoured Vehicles Nigam Limited (AVNL)

(d) Larsen & Toubro (L&T)

(e) Tata Advanced Systems

16) Which organization has collaborated with UIDAI to launch a competition on age invariance in biometric algorithms?

(a) IIT Bombay

(b) IISc Bangalore

(c) IIIT Hyderabad

(d) IIT Kanpur

(e) IIT Madras

17) Who is the first Indian woman to enter the world’s top 10 richest women list?

(a) Kiran Mazumdar-Shaw

(b) Falguni Nayar

(c) Roshni Nadar

(d) Radha Vembu

(e) Savitri Jindal

18) What is the primary objective of the Lanka India Business Association (LIBA)?

(a) Strengthening military ties between India and Sri Lanka

(b) Enhancing economic collaboration between India and Sri Lanka

(c) Promoting tourism in Sri Lanka

(d) Establishing a cultural exchange program

(e) Launching a digital payment system between both nations

19) Where was the second edition of Khelo India Para Games (KIPG) 2025 held?

(a) Mumbai

(b) New Delhi

(c) Bengaluru

(d) Chennai

(e) Hyderabad

20) Who is the Governor of Nagaland?

(a) Ramesh Bais

(b) La. Ganesan

(c) Banwarilal Purohit

(d) Phagu Chauhan

(e) Anusuiya Uikey

Answers :

1) Answer: C

Short Explanation:

Axis Bank, one of the largest private sector banks in India, has become the first Indian-headquartered financial institution to launch near-real-time, 24/7 programmable USD clearing capabilities for its commercial clients, leveraging Kinexys Digital Payments (KDP), a unit of Kinexys by J.P. Morgan.

Detailed Explanation:

Axis Bank, one of the largest private sector banks in India, has become the first Indian-headquartered financial institution to launch near-real-time, 24/7 programmable USD clearing capabilities for its commercial clients, leveraging Kinexys Digital Payments (KDP), a unit of Kinexys by J.P. Morgan.

By utilizing KDP, Axis Bank can offer its commercial clients optionality to leverage 24/7 cross-border payments while also using foundational state-of-the-art blockchain-based infrastructure.

This aims to enhance payment execution certainty and enable innovative corporate use cases, such as programmable, multi-bank cash concentration.

KDP first launched blockchain deposit accounts in 2019, and they are now used by a growing number of corporate and financial institution clients around the world to facilitate and automate on demand, 24/7 multi-currency payment movements across borders.

2) Answer: D

Short Explanation:

Bank of India will offer its customers a variety of general insurance products from the New India Assurance Co., following an agreement between the companies which was announced.

Detailed Explanation:

Bank of India will offer its customers a variety of general insurance products from the New India Assurance Co., following an agreement between the companies which was announced.

The partnership aims to make insurance more accessible to the bank's customers, by taking advantage of Bank of India's network of 5,200 branches across the country and New India Assurance's expertise in the insurance field.

With this tie-up, Bank of India's customers will have access to insurance solutions, including health, motor, personal accident, home, and commercial insurance products offered by NIACL, a systemically important insurance company, the public sector's bank's release stated

3) Answer: B

Short Explanation:

The Department of Telecommunications (DoT) and National Bank for Agriculture and Rural Development (NABARD) signed an MoU for digital empowerment in rural areas across the country.

The objective of the MoU is to drive rural development in institutions supported by NABARD, by providing access to digital services, digital governance and promoting a digital economy through high-speed broadband connectivity under BharatNet programme.

Detailed Explanation:

The Department of Telecommunications (DoT) and National Bank for Agriculture and Rural Development (NABARD) signed an MoU for digital empowerment in rural areas across the country.

The objective of the MoU is to drive rural development in institutions supported by NABARD, by providing access to digital services, digital governance and promoting a digital economy through high-speed broadband connectivity under BharatNet programme.

NABARD will share information including geo-coordinates and contact details of institutions and Digital Bharat Nidhi (DBN) under DoT will share geo-coordinates of BharatNet point of presence (PoP) locations in gram panchayats (GPs), from where high-speed broadband connectivity to be extended to rural institutions/enterprises.

Both DBN and NABARD will promote each other’s efforts to enable a digital economy by leveraging high-speed broadband connectivity using BharatNet.

4) Answer: B

Short Explanation:

Bank of Baroda announced that it has gone live with the new Pradhan Mantri Vidyalaxmi (PM-Vidyalaxmi) Scheme to provide financial support to meritorious students.

The bank has 12 dedicated Education Loan Sanctioning Cells (ELSC) and 119 Retail Assets Processing Cells (RAPC), in addition to more than 8,300 branches, to cater to the needs of students from across the country.

Detailed Explanation:

Bank of Baroda announced that it has gone live with the new Pradhan Mantri Vidyalaxmi (PM-Vidyalaxmi) Scheme to provide financial support to meritorious students.

The PM-Vidyalaxmi Scheme is an initiative by the central government for students seeking financial assistance to pursue higher education and to ensure that financial constraints do not deprive the youth of India from pursuing quality higher education.

The bank has 12 dedicated Education Loan Sanctioning Cells (ELSC) and 119 Retail Assets Processing Cells (RAPC), in addition to more than 8,300 branches, to cater to the needs of students from across the country.

The PM-Vidyalaxmi Scheme is a special loan product that enables collateral-free, guarantor-free education loans, made accessible through an entirely digital application process.

Students who get admission in the top 860 identified Quality Higher Educational Institutions (QHEIs) of the nation are eligible to apply for an education loan under this scheme.

5) Answer: C

Short Explanation:

Parliament passed the Banking Laws (Amendment) Bill, 2024, which allows bank account holders to have up to four nominees, with the Rajya Sabha approving it by a voice vote.

Detailed Explanation:

Parliament passed the Banking Laws (Amendment) Bill, 2024, which allows bank account holders to have up to four nominees, with the Rajya Sabha approving it by a voice vote.

It amends the:

(i) Reserve Bank of India (RBI) Act, 1934,

(ii) Banking Regulation Act, 1949,

(iii) State Bank of India Act, 1955,

(iv) Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, and

(v) Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980.

6) Answer: B

Short Explanation:

The Asian Development Bank (ADB) and Shriram Finance Limited have signed a loan agreement for $150 million to boost access to finance for micro, small, and medium-sized enterprises (MSMEs) in India with a focus on business loans and for financing electric vehicles (EVs) and low-emission commercial vehicles for business purposes.

Detailed Explanation:

The Asian Development Bank (ADB) and Shriram Finance Limited have signed a loan agreement for $150 million to boost access to finance for micro, small, and medium-sized enterprises (MSMEs) in India with a focus on business loans and for financing electric vehicles (EVs) and low-emission commercial vehicles for business purposes.

The loan will particularly benefit women-owned MSMEs and those in lagging states.

The transaction is part of a total $306 million financing package led by ADB as the mandated lead arranger and bookrunner, which includes a loan of $150 million from Japan International Cooperation Agency and INR 500 million from Export-Import Bank of India.

ADB’s loan also supports the government’s initiatives to reduce air pollution through the adoption of EVs and low-emission (Bharat Stage-VI compliant) vehicles.

The government’s EV30@30 initiative targets 30% of all new vehicle sales to be electric by 2030.

7) Answer: D

Short Explanation:

India surpassed Sri Lanka to become the second-largest tea exporter globally, trailing behind Kenya.

Kenya remains the top tea exporter, shipping over 500 Mkg in 2024.

Detailed Explanation:

India surpassed Sri Lanka to become the second-largest tea exporter globally, trailing behind Kenya.

Tea exports in 2024: 254 million kilograms (Mkg), up from 231 Mkg in 2023.

Revenue generated: ₹7,112 crore, reflecting a significant boost to the tea industry.

Kenya remains the top tea exporter, shipping over 500 Mkg in 2024.

Favorable export policies and government schemes promoting orthodox tea production.

Incentives for tea exports helped India expand its global market presence.

Orthodox tea has seen higher demand internationally, boosting export volumes.

Government incentives played a key role in promoting this segment.

8) Answer: D

Short Explanation:

The Ministry of Electronics and Information Technology (MeitY), in collaboration with IISc Bengaluru, IIT Bombay, IIT Madras, IIT Delhi, IIT Kharagpur, and IIT Guwahati, successfully hosted India’s first Nano Electronics Roadshow  at the National Science Seminar Complex, IISc Bengaluru.

Detailed Explanation:

The Ministry of Electronics and Information Technology (MeitY), in collaboration with IISc Bengaluru, IIT Bombay, IIT Madras, IIT Delhi, IIT Kharagpur, and IIT Guwahati, successfully hosted India’s first Nano Electronics Roadshow  at the National Science Seminar Complex, IISc Bengaluru.

The event was inaugurated by Shri S. Krishnan, Secretary, MeitY, alongside Shri Abhishek Singh, Additional Secretary, MeitY.

100+ intellectual properties (IPs) and 50+ breakthrough technologies were presented.

35+ promising startups showcased innovations backed by six advanced nanoelectronics centers.

The event witnessed participation from 700+ industry leaders, policymakers, and academics, fostering collaboration.

9) Answer: B

Short Explanation:

The Ministry of Agriculture and Farmers Welfare has introduced the Digital Crop Survey (DCS) System to collect real-time crop-sown details directly from the field using a mobile interface.

Detailed Explanation:

The Ministry of Agriculture and Farmers Welfare has introduced the Digital Crop Survey (DCS) System to collect real-time crop-sown details directly from the field using a mobile interface.

This initiative aims to improve accuracy in crop area estimation and enhance agricultural production forecasting.

Real-time Data Collection: Captures crop details directly from fields through a mobile interface.

Enhanced Accuracy: Ensures precise and up-to-date agricultural data.

Integration with Agri Stack: Developed in compliance with the Digital Personal Data Protection Act, 2023 and other IT regulations in India.

10) Answer: A

Short Explanation:

The Indian government plans to raise ₹8 lakh crore through dated securities in the first half (H1) of FY26 to bridge the fiscal deficit.

This is part of the total gross market borrowing of ₹14.82 lakh crore estimated for FY26, as announced by the Ministry of Finance.

The borrowing will be conducted through multiple weekly auctions and will include ₹10,000 crore of Sovereign Green Bonds (SGrBs).

Detailed Explanation:

The Indian government plans to raise ₹8 lakh crore through dated securities in the first half (H1) of FY26 to bridge the fiscal deficit.

This is part of the total gross market borrowing of ₹14.82 lakh crore estimated for FY26, as announced by the Ministry of Finance.

The borrowing will be conducted through multiple weekly auctions and will include ₹10,000 crore of Sovereign Green Bonds (SGrBs).

The fiscal deficit for FY26 is projected at ₹15.68 lakh crore, which is 4.4% of GDP. The government aims to finance this shortfall using a combination of market borrowings, small savings, and other instruments.

For the first half of FY26, the government will raise ₹8 lakh crore, accounting for 54% of the total borrowing. The borrowing will involve the issuance of dated securities across different maturities ranging from 3 years to 50 years.

Additionally, the net market borrowings through dated securities will be ₹11.54 lakh crore for FY26.

11) Answer: B

Short Explanation:

India's textile industry plays a crucial role in the national economy, contributing 2% to GDP and positioning the country as the 6th largest textile exporter with a 3.9% share in global exports.

Detailed Explanation:

India's textile industry plays a crucial role in the national economy, contributing 2% to GDP and positioning the country as the 6th largest textile exporter with a 3.9% share in global exports.

The sector is projected to reach $350 billion by 2030, generating 3.5 crore jobs.

National Technical Textiles Mission (NTTM)

Launched in 2020-21, the NTTM aims to boost India's technical textiles sector with a ₹1,480 crore outlay for five years (until 2025-26). The mission focuses on four key areas:

Research, Innovation, and Development – Encourages R&D in technical textiles to develop new materials and processes.

Promotion and Market Development – Increases the adoption of technical textiles through promotional efforts and global partnerships.

Export Promotion – Strengthens exports with a dedicated export council.

Education, Training, and Skill Development – Supports specialized education, internships, and workforce training in technical textiles.

12) Answer: B

Short Explanation:

Nagaland plans to implement an Early Warning System (EWS) to boost disaster preparedness in the state, especially ravaged by natural calamities.

Detailed Explanation:

Nagaland plans to implement an Early Warning System (EWS) to boost disaster preparedness in the state, especially ravaged by natural calamities.

This, in turn, could act as a shield against Nagaland’s vulnerability and reduce the impact.

This system will provide crucial warnings for earthquakes, heatwaves, heavy rainfall, lightning strikes, landslides and other extreme weather events that could cause disasters.

In addition to the EWS, Nagaland has also launched the Nagaland Solar Mission by expanding solar energy adoption in the state.

13) Answer: C

Hitachi Cash Management Services, a subsidiary of Hitachi Payment Services, announced a leadership transition with Yusuf Pachmariwala set to assume the role of Managing Director & Chief Executive Officer, effective April 1, 2025.

Yusuf will succeed Anup Neogi, who has decided to retire from the role.

14) Answer: B

AS Atul Kumar Tiwari (1990 batch) belonging to the Karnataka cadre, has been assigned an additional charge as the Chairperson of the National Council of Vocational Education & Training (NCVET).

Tiwari, who currently serves as Secretary of Ministry of Skill Development and Entrepreneurship, has been granted ex-post facto approval for this role by the Appointments Committee of the Cabinet (ACC).

15) Answer: C

Short Explanation:

The Ministry of Defence (MoD) has signed a contract with Armoured Vehicles Nigam Limited (AVNL) for the procurement of the Nag Missile System (NAMIS) Tracked version of the anti-tank weapon platform, and with Force Motors Ltd and Mahindra & Mahindra Ltd for around 5,000 Light Vehicles for the armed forces, at a total cost of around Rs 2,500 crore.

Detailed Explanation:

The Ministry of Defence (MoD) has signed a contract with Armoured Vehicles Nigam Limited (AVNL) for the procurement of the Nag Missile System (NAMIS) Tracked version of the anti-tank weapon platform, and with Force Motors Ltd and Mahindra & Mahindra Ltd for around 5,000 Light Vehicles for the armed forces, at a total cost of around Rs 2,500 crore.

These contracts have been inked under the Buy (Indian-Indigenously Designed, Developed and Manufactured) category.

This system will be operated by frontline mechanised infantry troops.

The MoD stated that the NAMIS (Tracked) is one of the most “sophisticated” anti-tank weapon systems.

16) Answer: C

Short Explanation:

The Unique Identification Authority of India (UIDAI), in collaboration with IIIT-Hyderabad, has launched a large-scale competition to test age invariance in biometric algorithms, focusing on fingerprint authentication for children aged 5-10 years.

Detailed Explanation:

The Unique Identification Authority of India (UIDAI), in collaboration with IIIT-Hyderabad, has launched a large-scale competition to test age invariance in biometric algorithms, focusing on fingerprint authentication for children aged 5-10 years.

Tests 1:1 matching algorithms with biometric updates after 5-10 years.

Ensures secure evaluation with anonymized datasets (no data sharing with participants).

Open to researchers and developers worldwide.

Provides access to UIDAI’s field-collected dataset for model improvement.

17) Answer: C

Short Explanation:

Roshni Nadar, Chairperson of HCL Technologies, is now the first Indian woman to enter the world’s top 10 richest women list.

Ranked 5th in the Hurun Global Rich List 2025, with a net worth of ₹3.5 lakh crore (US$40 billion).

Detailed Explanation:

Roshni Nadar, Chairperson of HCL Technologies, is now the first Indian woman to enter the world’s top 10 richest women list.

Ranked 5th in the Hurun Global Rich List 2025, with a net worth of ₹3.5 lakh crore (US$40 billion).

Her wealth surged after inheriting a 47% stake in HCL Technologies from her father, Shiv Nadar.

She remains India’s richest woman and the third-richest person in India in 2025.

Born into the renowned Nadar family, daughter of Shiv Nadar, founder of HCL Technologies.

Holds a Bachelor’s degree from Northwestern University and an MBA from Kellogg School of Management.

Received the Schaffner Award (2023) from Kellogg for her contributions to society.

18) Answer: B

Short Explanation:

The Lanka India Business Association (LIBA) has been officially launched in Sri Lanka to enhance economic collaboration between India and Sri Lanka.

Detailed Explanation:

The Lanka India Business Association (LIBA) has been officially launched in Sri Lanka to enhance economic collaboration between India and Sri Lanka.

As India is projected to become the world’s second-largest economy by 2075, this initiative aims to foster trade, investment, and business networking between the two nations.

The global economy is witnessing a shift towards Asia, with India emerging as a major growth driver.

South Asia, especially India, is becoming a hub for economic expansion.

Sri Lanka, due to its strategic location and historical trade ties with India, stands to benefit significantly from this transformation.

19) Answer: B

Short Explanation:

The second edition of the Khelo India Para Games (KIPG) 2025 concluded after eight days of intense competition, celebrating the determination and excellence of India’s para-athletes. The event was held at three venues in New Delhi:

Jawaharlal Nehru Indoor Stadium

Indira Gandhi Indoor Stadium

Karni Singh Shooting Range

Detailed Explanation:

The second edition of the Khelo India Para Games (KIPG) 2025 concluded after eight days of intense competition, celebrating the determination and excellence of India’s para-athletes. The event was held at three venues in New Delhi:

Jawaharlal Nehru Indoor Stadium

Indira Gandhi Indoor Stadium

Karni Singh Shooting Range

A total of 1,300 para-athletes participated, showcasing their resilience and talent.

Why in the News?

Haryana topped the medal tally with 34 golds, followed by Tamil Nadu (28 golds) and Uttar Pradesh (23 golds).

18 national records were broken, highlighting India's increasing competitiveness in para-sports.

20) Answer: B

About Nagaland:

Chief Minister: Neiphiu Rio

Governor: La. Ganesan

Capital: Kohima

National Parks: Intanki National Park

Wildlife Sanctuaries: Fakim Wildlife Sanctuary, Puliebadze Wildlife Sanctuary, Rangapahar Wildlife Sanctuary