Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 26th December 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) As of 2025, the Securities and Exchange Board of India (SEBI) approved NHAI’s sponsored Raajmarg Infra Investment Trust (RIIT) to operate as which of the following?
(a) Private Equity Fund
(b) Alternative Investment Fund (AIF)
(c) Public Infrastructure Investment Trust (InvIT)
(d) Real Estate Investment Trust (REIT)
(e) Sovereign Wealth Fund
2) Which major reform was introduced under Phase-1 of the RBI’s faster cheque clearance system implemented from October 4, 2025?
(a) Continuous daytime cheque processing replacing batch-based clearing
(b) Introduction of real-time cheque settlement (instant clearing)
(c) Mandatory cheque truncation at branch level
(d) Approval or rejection of cheques within T+3 hours
(e) Discontinuation of physical cheques
3) Which key regulatory relaxation was approved by IFSCA under the Global In-House Centres (GHCs) Regulations, 2025 to enhance ease of doing business in GIFT IFSC?
(a) Permission to transfer existing domestic business operations to GIFT IFSC
(b) Removal of the 20% cap on transfer of domestic employees to GIFT IFSC
(c) Complete removal of revenue limits for serving Indian group entities
(d) Mandatory outsourcing of GIC operations to third-party providers
(e) Restriction of GIC activities only to technology services
4) The ₹10,000 crore foreign currency debt refinanced by Dedicated Freight Corridor Corporation of India Limited (DFCCIL) through Indian Railway Finance Corporation (IRFC) was originally raised from which institution for funding the Eastern Dedicated Freight Corridor (EDFC)?
(a) Asian Development Bank
(b) Asian Infrastructure Investment Bank
(c) International Monetary Fund
(d) New Development Bank
(e) World Bank
5) Which private sector bank has launched the ‘Digital Merchant Cash Advance Loans’ to support Micro, Small and Medium Enterprises (MSMEs)?
(a) HDFC Bank
(b) ICICI Bank
(c) Axis Bank
(d) Kotak Mahindra Bank
(e) Yes Bank
6) According to the Ministry of Statistics and Programme Implementation (MoSPI), which macroeconomic indicator will be released with 2024 as the new base year (2024 = 100) and will, for the first time, incorporate data from e-commerce platforms?
(a) Gross Domestic Product (GDP)
(b) Index of Industrial Production (IIP)
(c) Wholesale Price Index (WPI)
(d) Consumer Price Index (CPI)
(e) National Income
7) As of 2025, Canara HSBC Life Insurance Company Limited has entered into a strategic bancassurance partnership with which bank?
(a) Equitas Small Finance Bank
(b) AU Small Finance Bank
(c) Ujjivan Small Finance Bank
(d) Suryoday Small Finance Bank
(e) Jana Small Finance Bank
8) In 2025, Delhi Metro Phase V(A), approved by the Union Cabinet in 2025, will add how much route length to the Delhi Metro network?
(a) 12.01 km
(b) 14.50 km
(c) 16.076 km
(d) 18.90 km
(e) 20.00 km
9) Under the Prime Minister’s Scheme for Mentoring Young Authors (PM-YUVA 3.0), announced by the National Book Trust (NBT) in December 2025, how many young authors were selected through the All-India contest?
(a) 30
(b) 35
(c) 40
(d) 43
(e) 50
10) Under which project of Goa Shipyard Limited (GSL) was Samudra Pratap, India’s first indigenously designed Pollution Control Vessel, inducted by the Indian Coast Guard?
(a) 02 Pollution Control Vessel (PCV) Project
(b) Fast Attack Craft (FAC) Project
(c) Offshore Patrol Vessel (OPV) Project
(d) Anti-Submarine Warfare Ship Project
(e) Coast Guard Interceptor Boat Project
11) From 1 January 2026, India will serve as the Chair of which international initiative aimed at preventing trade in conflict diamonds?
(a) Extractive Industries Transparency Initiative (EITI)
(b) Kimberley Process (KP)
(c) World Diamond Council (WDC)
(d) United Nations Global Compact (UNGC)
(e) Financial Action Task Force (FATF)
12) Who assumed charge as Chairman and Managing Director (CMD) of Rail Vikas Nigam Limited (RVNL) in December 2025?
(a) Pradeep Gaur
(b) Sukhmal Chand Jain
(c) Saleem Ahmad
(d) Ashok Kumar Gupta
(e) Vinod Kumar
13) Which company is expanding its global footprint by setting up wholly owned subsidiaries in Indonesia and Luxembourg through Paytm Cloud Technologies Limited?
(a) PhonePe
(b) Razorpay
(c) MobiKwik
(d) Pine Labs
(e) Paytm
14) Which two entities signed an MoU on 24 December 2025 to strengthen consumer protection and expand access to quality testing services in India?
(a) Bureau of Indian Standards (BIS) and Ministry of Railways
(b) National Test House (NTH) and Department of Posts
(c) Food Safety and Standards Authority of India (FSSAI) and India Post Payments Bank
(d) Consumer Affairs Ministry and Reserve Bank of India
(e) National Accreditation Board for Testing and Calibration Laboratories (NABL) and India Post
15) Which space agency plans to construct a power plant on the Moon by 2036 to support its lunar exploration programme and the Russia–China International Lunar Research Station (ILRS)?
(a) National Aeronautics and Space Administration (NASA)
(b) European Space Agency (ESA)
(c) Indian Space Research Organisation (ISRO)
(d) Roscosmos
(e) China National Space Administration (CNSA)
16) In 2025, India’s first indigenous Water-Soluble Fertilizer (WSF) pilot plant, aimed at reducing dependence on imported specialty fertilizers, was inaugurated in which city?
(a) Pune, Maharashtra
(b) Nagpur, Maharashtra
(c) Ahmedabad, Gujarat
(d) Lucknow, Uttar Pradesh
(e) Bhopal, Madhya Pradesh
17) Who launched the “Meri Yojana” Portal, an online platform providing information on Central and State Government welfare schemes?
(a) Pushkar Singh Dhami, Chief Minister of Uttarakhand
(b) Yogi Adityanath, Chief Minister of Uttar Pradesh
(c) Manohar Lal Khattar, Chief Minister of Haryana
(d) Bhupesh Baghel, Chief Minister of Chhattisgarh
(e) Pinarayi Vijayan, Chief Minister of Kerala
18) In 2025, Ira “Ike” Schab, who passed away at the age of 105 on 20 December 2025, was a veteran of which war?
(a) World War I
(b) Vietnam War
(c) Korean War
(d) World War II
(e) Gulf War
19) Under the Cheque Truncation System (CTS), cheque processing in India is consolidated into which three grids?
(a) Kolkata, Bengaluru, and Hyderabad
(b) Chennai, Mumbai, and New Delhi
(c) Pune, Jaipur, and Lucknow
(d) Ahmedabad, Kochi, and Patna
(e) Surat, Chandigarh, and Bhopal
20) Under the IFSCA (Book-keeping, Accounting, Taxation and Financial Crime Compliance Services) Regulations, 2024, which major amendment was made to reduce fixed costs for service providers in GIFT IFSC?
(a) Mandatory 100 sq ft per-employee office space requirement introduced
(b) Fixed minimum capital requirement doubled
(c) Restriction on foreign employees imposed
(d) Requirement to maintain physical branch in India introduced
(e) Mandatory 60 sq ft per-employee office space norm removed
Answers :
1) Answer: C
Short Explanation:
National Highways Authority of India (NHAI) has received Securities and Exchange Board of India (SEBI) approval for its sponsored Raajmarg Infra Investment Trust (RIIT) to operate as a public Infrastructure Investment Trust (InvIT).
The approval strengthens NHAI’s asset monetisation programme, aimed at unlocking value of National Highway assets and creating a long-term investment instrument for retail and domestic investors.
Detailed Explanation:
National Highways Authority of India (NHAI) has received Securities and Exchange Board of India (SEBI) approval for its sponsored Raajmarg Infra Investment Trust (RIIT) to operate as a public Infrastructure Investment Trust (InvIT).
The approval strengthens NHAI’s asset monetisation programme, aimed at unlocking value of National Highway assets and creating a long-term investment instrument for retail and domestic investors.
The Public InvIT (RIIT) seeks to broaden public participation in national highway infrastructure development and support sustainable infrastructure financing.
NHAI has incorporated Raajmarg Infra Investment Managers Pvt. Ltd. (RIIMPL) as the Investment Manager for RIIT.
RIIMPL is a collaborative venture with equity participation from major financial institutions including SBI, PNB, NaBFID, Axis Bank, HDFC Bank, ICICI Bank, IDBI Bank, IndusInd Bank, Yes Bank, and Bajaj Finserv Ventures Ltd.
2) Answer: A
Short Explanation:
Reserve Bank of India (RBI) has deferred Phase-2 of the faster cheque clearance system, earlier scheduled for January 3, 2026, to allow banks additional time for operational readiness and to streamline their backend processes.
Phase-1, implemented from October 4, 2025, introduced continuous daytime cheque processing, which successfully replaced the decades-old batch-based clearing system (where cheques were cleared only once or twice a day).
The Phase-2 requirement of approving or rejecting cheques within 3 hours of receipt (T+3 hours) has been postponed until further notice due to technical teething issues observed in some banks during Phase-1.
Detailed Explanation:
Reserve Bank of India (RBI) has deferred Phase-2 of the faster cheque clearance system, earlier scheduled for January 3, 2026, to allow banks additional time for operational readiness and to streamline their backend processes.
Phase-1, implemented from October 4, 2025, introduced continuous daytime cheque processing, which successfully replaced the decades-old batch-based clearing system (where cheques were cleared only once or twice a day).
The Phase-2 requirement of approving or rejecting cheques within 3 hours of receipt (T+3 hours) has been postponed until further notice due to technical teething issues observed in some banks during Phase-1.
Despite the delay of Phase-2, cheque clearance remains significantly faster than before, with Phase-1 enabling settlement within a few hours of presentation instead of the earlier 1–2 business days.
Revised RBI cheque processing timings (as per the Dec 24, 2025 circular):
Cheque presentation window: 9:00 AM to 3:00 PM.
Confirmation/Rejection window: 9:00 AM to 7:00 PM.
3) Answer: B
Short Explanation:
The International Financial Services Centres Authority (IFSCA) approved major regulatory relaxations to boost ease of doing business and attract global financial services to GIFT IFSC.
Under the IFSCA (Global In-House Centres – GHCs) Regulations, 2025, the earlier 20% cap on transfer of domestic employees to GIFT IFSC has been removed, enabling free deployment of skilled Indian talent, while transfer of existing business operations remains prohibited.
Detailed Explanation:
The International Financial Services Centres Authority (IFSCA) approved major regulatory relaxations to boost ease of doing business and attract global financial services to GIFT IFSC.
Under the IFSCA (Global In-House Centres – GHCs) Regulations, 2025, the earlier 20% cap on transfer of domestic employees to GIFT IFSC has been removed, enabling free deployment of skilled Indian talent, while transfer of existing business operations remains prohibited.
The reforms aim to strengthen high-value functions such as financial services, technology, risk management, analytics, and compliance within GIFT City.
Global In-House Centre (GIC) units are now allowed to serve Indian group entities up to 10% of annual revenue, enhancing operational flexibility.
Third-party service providers are permitted to assist in setting up and operating GICs, lowering entry barriers.
4) Answer: E
Short Explanation:
Dedicated Freight Corridor Corporation of India Limited (DFCCIL) has signed a historic refinancing agreement with Indian Railway Finance Corporation (IRFC) to refinance ₹10,000 crore of foreign currency debt, marking a first-of-its-kind domestic refinancing under the Atmanirbhar Bharat initiative.
The refinanced debt was originally raised from the World Bank for funding the Eastern Dedicated Freight Corridor (EDFC) project, a key national infrastructure initiative.
Detailed Explanation:
Dedicated Freight Corridor Corporation of India Limited (DFCCIL) has signed a historic refinancing agreement with Indian Railway Finance Corporation (IRFC) to refinance ₹10,000 crore of foreign currency debt, marking a first-of-its-kind domestic refinancing under the Atmanirbhar Bharat initiative.
The refinanced debt was originally raised from the World Bank for funding the Eastern Dedicated Freight Corridor (EDFC) project, a key national infrastructure initiative.
The refinancing structure was coordinated among the Ministry of Finance, Ministry of Railways, DFCCIL, IRFC, and the World Bank, reflecting strong inter-institutional collaboration.
This move is expected to generate savings of about ₹2,700 crore for the Government of India, mainly by reducing foreign exchange risk and interest cost exposure.
5) Answer: C
Short Explanation:
Axis Bank Limited, a leading private sector lender in India, has launched a new digital loan product called ‘Digital Merchant Cash Advance Loans’ for Micro, Small, and Medium Enterprises (MSMEs).
The product is specifically designed to address the cash flow requirements of small merchants, such as retail shopkeepers, who need quick access to working capital for daily operations.
Detailed Explanation:
Axis Bank Limited, a leading private sector lender in India, has launched a new digital loan product called ‘Digital Merchant Cash Advance Loans’ for Micro, Small, and Medium Enterprises (MSMEs).
The product is specifically designed to address the cash flow requirements of small merchants, such as retail shopkeepers, who need quick access to working capital for daily operations.
The loan offers an unsecured credit facility ranging from Rs 2 lakh to Rs 20 lakh to eligible MSMEs, requiring no collateral.
It is the first-of-its-kind product in the industry that assesses merchant eligibility primarily based on daily cash flows and digital transaction intelligence, rather than conventional financial documents or property-based guarantees.
6) Answer: D
Short Explanation:
The Ministry of Statistics and Programme Implementation (MoSPI) has announced the release of a new series of key macroeconomic indicators with revised base years.
MoSPI held a pre-release consultative workshop on 23 December 2025 at Bharat Mandapam, New Delhi, to discuss the base revision of Gross Domestic Product (GDP), Consumer Price Index (CPI), and Index of Industrial Production (IIP).
Detailed Explanation:
The Ministry of Statistics and Programme Implementation (MoSPI) has announced the release of a new series of key macroeconomic indicators with revised base years.
MoSPI held a pre-release consultative workshop on 23 December 2025 at Bharat Mandapam, New Delhi, to discuss the base revision of Gross Domestic Product (GDP), Consumer Price Index (CPI), and Index of Industrial Production (IIP).
The workshop follows an earlier consultative meeting held on 26 November 2025 in Mumbai, indicating a multi-stage consultation process to ensure statistical reliability.
A new Consumer Price Index (CPI) series with 2024 as the base year (2024 = 100) will be released on 12 February 2026, incorporating data from e-commerce platforms for the first time.
The National Accounts Statistics (GDP) series with 2022–23 as the base year is scheduled for release on 27 February 2026, replacing the old 2011–12 base year.
The revised Index of Industrial Production (IIP) series, also with 2022–23 as the base year, will be released on 28 May 2026.
7) Answer: A
Canara HSBC Life Insurance Company Limited (Canara HSBC), a Joint Venture (JV) between Canara Bank (51%), HSBC Insurance (26%), and Punjab National Bank (which inherited the stake from OBC), has entered into a strategic bancassurance partnership with Equitas Small Finance Bank (ESFB).
Under this partnership, Canara HSBC Life will offer a comprehensive suite of products, including life protection, savings, annuity, child, and investment-linked plans (ULIPs), via ESFB’s network of nearly 1,000 banking outlets.
8) Answer: C
Short Explanation:
The Union Cabinet, chaired by Prime Minister Narendra Modi, approved Delhi Metro Phase V(A) with a total project cost of ₹12,014.91 crore to enhance urban connectivity and ease of living.
Phase V(A) will add 16.076 km to the Delhi Metro network, pushing the total network length beyond 400 km, with completion targeted in 3 years.
Detailed Explanation:
The Union Cabinet, chaired by Prime Minister Narendra Modi, approved Delhi Metro Phase V(A) with a total project cost of ₹12,014.91 crore to enhance urban connectivity and ease of living.
Phase V(A) will add 16.076 km to the Delhi Metro network, pushing the total network length beyond 400 km, with completion targeted in 3 years.
The project includes three new metro corridors:
R.K. Ashram Marg–Indraprastha: 9.913 km (longest corridor)
Aerocity–IGD Airport Terminal-1: 2.263 km
Tughlakabad–Kalindi Kunj: 3.9 km
The R.K. Ashram Marg–Indraprastha corridor will provide seamless Central Vista connectivity, linking all Kartavya Bhavans and benefiting about 60,000 office-goers and 2 lakh visitors daily.
9) Answer: D
Short Explanation:
Prime Minister’s Scheme for Mentoring Young Authors (PM-YUVA 3.0) Results Announced by the National Book Trust (NBT), India under the Ministry of Education on 24 December 2025, aimed at mentoring young writers and strengthening India’s literary ecosystem.
43 young authors below 30 years of age were selected through an All-India contest, representing 22 Indian languages and English, ensuring the highest level of linguistic diversity.
Detailed Explanation:
Prime Minister’s Scheme for Mentoring Young Authors (PM-YUVA 3.0) Results Announced by the National Book Trust (NBT), India under the Ministry of Education on 24 December 2025, aimed at mentoring young writers and strengthening India’s literary ecosystem.
The scheme is aligned with the National Education Policy (NEP) 2020, encouraging young authors to contribute to nation-building through original writing and creative ideas.
43 young authors below 30 years of age were selected through an All-India contest, representing 22 Indian languages and English, ensuring the highest level of linguistic diversity.
The selected cohort includes 19 women and 24 men, promoting inclusive and balanced literary development across the country.
10) Answer: A
Short Explanation:
The Indian Coast Guard (ICG) inducted Samudra Pratap, India’s first indigenously designed and built Pollution Control Vessel (PCV), on 23 December 2025.
The vessel was inducted under the 02 Pollution Control Vessel (PCV) Project of Goa Shipyard Limited (GSL).
Detailed Explanation:
The Indian Coast Guard (ICG) inducted Samudra Pratap, India’s first indigenously designed and built Pollution Control Vessel (PCV), on 23 December 2025.
The vessel was inducted under the 02 Pollution Control Vessel (PCV) Project of Goa Shipyard Limited (GSL).
Samudra Pratap (Yard 1267) has over 60% indigenous content, directly supporting the Government’s Aatmanirbhar Bharat and Make in India initiatives.
It is the largest ship in the Indian Coast Guard fleet, significantly enhancing maritime pollution response, surveillance, and operational reach.
The vessel measures 114.5 metres in length, 16.5 metres in breadth, and has a substantial displacement of 4,170 tonnes.
Samudra Pratap is armed with a 30 mm CRN-91 gun and two 12.7 mm stabilised remote-controlled guns with integrated fire control systems for self-defense and law enforcement.
11) Answer: B
Short Explanation:
India has been selected as Chair of the Kimberley Process (KP) from 1 January 2026, marking the third time the country will hold the chairmanship (previously in 2008 and 2019).
India will assume the role of KP Vice Chair from 25 December 2025, prior to taking over the Chair in 2026.
Detailed Explanation:
India has been selected as Chair of the Kimberley Process (KP) from 1 January 2026, marking the third time the country will hold the chairmanship (previously in 2008 and 2019).
India will assume the role of KP Vice Chair from 25 December 2025, prior to taking over the Chair in 2026.
The Kimberley Process (KP) is a tripartite international initiative involving governments, the diamond industry, and civil society to prevent trade in conflict diamonds.
Conflict diamonds are rough diamonds used by rebel groups to finance conflicts against legitimate governments, as defined by UN Security Council resolutions.
The Kimberley Process Certification Scheme (KPCS) was established under a UN resolution and came into effect on 1 January 2003.
12) Answer: C
Short Explanation:
Saleem Ahmad assumed charge as Chairman and Managing Director (CMD) of Rail Vikas Nigam Limited (RVNL), a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Railways (MoR).
Detailed Explanation:
Saleem Ahmad assumed charge as Chairman and Managing Director (CMD) of Rail Vikas Nigam Limited (RVNL), a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Railways (MoR).
He will hold the position until his superannuation on 30 April 2029 or until further orders, whichever is earlier.
He succeeded Sukhmal Chand Jain, who had been serving as interim CMD (holding additional charge) after the retirement of Pradeep Gaur on 31 August 2025.
13) Answer: E
Short Explanation:
One97 Communications Limited, the parent company of Paytm, is expanding its global footprint by setting up two wholly owned subsidiaries in Indonesia and Luxembourg through Paytm Cloud Technologies Limited (PCTL).
Both subsidiaries are step-down units, remaining indirectly 100% owned by One97 Communications, and will operate in the payments and financial services sector.
The international expansion will leverage licensing arrangements, strategic partnerships, and investments to distribute Paytm’s merchant payments and financial services technology.
Detailed Explanation:
One97 Communications Limited, the parent company of Paytm, is expanding its global footprint by setting up two wholly owned subsidiaries in Indonesia and Luxembourg through Paytm Cloud Technologies Limited (PCTL).
Both subsidiaries are step-down units, remaining indirectly 100% owned by One97 Communications, and will operate in the payments and financial services sector.
The international expansion will leverage licensing arrangements, strategic partnerships, and investments to distribute Paytm’s merchant payments and financial services technology.
Paytm plans to invest up to ₹25 crore in each subsidiary, in one or more tranches, to support overseas operations.
Paytm Arab Payments LLC (PAPL), the UAE-based subsidiary, is being restructured by bringing in a strategic investor, resulting in stake dilution.
Abbar Global Opportunities Holdings (AGOHL), an SPV of UAE billionaire Mohamed Ali Rashed Alabbar, will acquire a 49% stake in PAPL, valued at approximately ₹19 crore (AED 7.69 million).
14) Answer: B
Short Explanation:
National Test House (NTH) under the Ministry of Consumer Affairs, Food & Public Distribution signed an MoU with the Department of Posts, Ministry of Communications, Government of India to strengthen consumer protection and expand access to quality testing services.
Detailed Explanation:
National Test House (NTH) under the Ministry of Consumer Affairs, Food & Public Distribution signed an MoU with the Department of Posts, Ministry of Communications, Government of India to strengthen consumer protection and expand access to quality testing services.
The MoU enables nationwide collection of samples (industrial goods, raw materials, consumer products) and ensures their safe, reliable, and timely delivery to NTH laboratories for testing.
Under the agreement, the Department of Posts will provide doorstep sample pickup and transportation using its extensive postal network covering urban, rural, and remote regions of India.
Sample testing will be conducted at NTH laboratories located in Kolkata, Ghaziabad, Mumbai, Jaipur, Guwahati, Varanasi, and Chennai.
The MoU was signed on 24 December 2025 on the occasion of National Consumer Day at Bharat Mandapam, New Delhi.
15) Answer: D
Short Explanation:
Roscosmos plans to construct a power plant on the Moon by 2036 to support its lunar exploration programme and the Russia–China International Lunar Research Station (ILRS).
Detailed Explanation:
Roscosmos plans to construct a power plant on the Moon by 2036 to support its lunar exploration programme and the Russia–China International Lunar Research Station (ILRS).
The proposed lunar power facility is widely believed to be nuclear, with key involvement from Rosatom (state nuclear energy corp) and the Kurchatov Institute, highlighting advanced energy solutions for space missions.
Roscosmos has signed a contract with the Lavochkin Association (a major aerospace company) in December 2025 to undertake the development and implementation of the lunar power plant project.
16) Answer: B
Short Explanation:
India has achieved a major agricultural innovation milestone with the completion of its first indigenous Water-Soluble Fertilizer (WSF) pilot plant in Nagpur, Maharashtra.
The pilot plant aims to reduce India’s dependence on imported specialty fertilizers (currently nearly 80–95% imported from China), strengthening agricultural self-reliance.
Detailed Explanation:
India has achieved a major agricultural innovation milestone with the completion of its first indigenous Water-Soluble Fertilizer (WSF) pilot plant in Nagpur, Maharashtra.
The pilot plant aims to reduce India’s dependence on imported specialty fertilizers (currently nearly 80–95% imported from China), strengthening agricultural self-reliance.
Phase-I of the WSF pilot plant was inaugurated by Anupam Agnihotri, Director of the Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC) on 22 December 2025.
The facility was developed through JNARDDC-funded research, highlighting the role of research-driven innovation in solving national bottlenecks.
The project was completed nearly one month ahead of schedule, reflecting efficient execution and institutional commitment.
17) Answer: A
Short Explanation:
Pushkar Singh Dhami, the Chief Minister of Uttarakhand, launched the “Meri Yojana” Portal in Dehradun, Uttarakhand.
Detailed Explanation:
Pushkar Singh Dhami, the Chief Minister of Uttarakhand, launched the “Meri Yojana” Portal in Dehradun, Uttarakhand.
Meri Yojana is an online platform (accessible at myscheme.gov.in) designed to provide comprehensive information on welfare schemes offered by both the Central Government and State Governments.
The primary aim of the initiative is to increase public awareness of welfare schemes and ensure benefits reach eligible beneficiaries in a time-bound manner.
18) Answer: D
Short Explanation:
Ira “Ike” Schab, a World War II veteran of the United States, passed away at the age of 105 in Oregon, USA on 20 December 2025.
He was born on 4 July 1920 in Illinois, USA (specifically Chicago).
Schab joined the US Navy in 1938 as a sailor and musician (playing the tuba in the ship’s band).
Detailed Explanation:
Ira “Ike” Schab, a World War II veteran of the United States, passed away at the age of 105 in Oregon, USA on 20 December 2025.
He was born on 4 July 1920 in Illinois, USA (specifically Chicago).
Schab joined the US Navy in 1938 as a sailor and musician (playing the tuba in the ship’s band).
He was one of the last surviving American servicemen who witnessed the Japanese attack on Pearl Harbor on 7 December 1941.
During the attack, he served aboard the USS Dobbin, assisting in passing ammunition for anti-aircraft guns amid the chaos.
19) Answer: B
Revised RBI cheque processing timings (as per the Dec 24, 2025 circular):
Cheque presentation window: 9:00 AM to 3:00 PM.
Confirmation/Rejection window: 9:00 AM to 7:00 PM.
Under the Cheque Truncation System (CTS), cheque processing across India is consolidated into three grids – Chennai, Mumbai, and New Delhi, each serving banks and branches within its specific geographical jurisdiction.
20) Answer: E
IFSCA also amended the IFSCA (Book-keeping, Accounting, Taxation and Financial Crime Compliance Services) Regulations, 2024, removing the mandatory 60 sq ft per-employee office space norm, thereby reducing fixed costs for service providers.
There are currently seven BAFT service providers in GIFT IFSC, including Befree Global Services LLP and Awfficacy Global Services IFSC LLP.
