Daily Current Affairs Quiz – 05th December 2025

Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 05th 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.

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1) According to the DPIIT (Department for Promotion of Industry and Internal Trade) quarterly fact sheet on FDI inflows, which sector attracted the highest Foreign Direct Investment (FDI) during April–September 2025?

(a) Services Sector

(b) Trading

(d) Automobile Industry

(e) Computer Software & Hardware

2) The Reserve Bank of India (RBI) has recently approved which company to operate as a Payment Aggregator – Cross Border Inward & Outward (PA-CB-I&O) under the Payment and Settlement Systems (PSS) Act, 2007?

(a) Razorpay

(b) CCAvenue

(d) Paytm Payments Services

(e) PayU

3) According to the Organisation for Economic Cooperation and Development (OECD)Economic Outlook 2025 (Volume 2025 Issue 2), what is India’s retained GDP growth forecast for FY26?

(a) 5.8%

(b) 6.0%

(d) 6.4%

(e) 6.2%

4) According to RBI’s announcement, which of the following banks must maintain the highest additional CET-1 capital buffer as a Domestic Systemically Important Bank (D-SIB) for 2025?

(a) ICICI Bank

(b) Axis Bank

(d) HDFC Bank

(e) State Bank of India (SBI)

5) Which Indian cooperative has been recognised as a Global Cooperative Cultural Heritage Site by the International Co-operative Alliance (ICA) in 2025?

(a) Indian Farmers Fertiliser Cooperative Limited (IFFCO)

(b) Krishak Bharati Cooperative Limited (KRIBHCO)

(d) Uralungal Labour Contract Cooperative Society (ULCCS)

(e) Self-Employed Women’s Association Cooperative (SEWA Cooperative)

6) After the addition of five newly recognised items, how many Geographical Indication (GI)-tagged products does Tamil Nadu now have?

(a) 62

(b) 74

(d) 75

(e) 76

7) The Department of Land Resources (DoLR) organised the National Symposium on NAKSHA and LandStack under which major event?

(a) Digital India Week 2025

(b) India Geo Summit 2025

(d) GeoSmart India 2025

(e) Bharat Geospatial Expo 2025

8) What is the proposed new name for the Prime Minister’s Office (PMO) to reflect citizen-first governance and a service-oriented approach?

(a) Seva Teerth

(b) Jan Kalyan Bhavan

(d) Lok Seva Sadan

(e) Kartavya Sadan

9) Which airport has been recognised as India’s first water-positive airport among airports handling over 40 million passengers annually?

(a) Kempegowda International Airport, Bengaluru

(b) Indira Gandhi International Airport, Delhi

(d) Chhatrapati Shivaji Maharaj International Airport, Mumbai

(e) Netaji Subhas Chandra Bose International Airport, Kolkata

10) Which edition of the Plenary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes was inaugurated in New Delhi in 2025?

(a) 16th

(b) 17th

(d) 19th

(e) 20th

11) Which technology will be used by National Highways Authority of India (NHAI)and Reliance Jio to deliver real-time highway safety alerts to drivers?

(a) Satellite-based GPS only

(b) 2G and 3G mobile networks

(d) 4G and 5G mobile networks

(e) Radio frequency identification (RFID)

12) Who assumed charge as Member (Finance) of the Railway Board on 01 December 2025?

(a) Smt. Aruna Sharma

(b) Ms. Aparna Garg

(d) Smt. Ritu Sharma

(e) Ms. Meera Iyer

13) Who has been appointed as the new brand ambassador of DP World, joining Sachin Tendulkar and Tommy Fleetwood?

(a) Abhishek Sharma

(b) Rohit Sharma

(d) Jasprit Bumrah

(e) KL Rahul

14) Who has been appointed as the first woman vice-chancellor of Nagpur University in 2025?

(a) Dr. Shobha Singh

(b) Dr. Anjali Deshmukh

(d) Meera Iyer

(e) Manali Makarand Kshirsagar

15) Which company secured additional defence contracts worth ₹2,461.62 crore from the Indian Army for supplying Anti-Tank Guided Missiles (ATGMs) and Surface-to-Air Missiles (SAMs)?

(a) Hindustan Aeronautics Limited (HAL)

(b) Bharat Electronics Limited (BEL)

(d) Defence Research and Development Organisation (DRDO)

(e) Indian Ordnance Factory

16) From which command did the Indian Army conduct a successful combat launch of the BrahMos supersonic cruise missile in the Bay of Bengal?

(a) Northern Command

(b) Eastern Command

(d) Western Command

(e) Central Command

17) What is the name of India’s third indigenously built nuclear-powered ballistic missile submarine (SSBN) that is about to be commissioned?

(a) INS Arihant

(b) INS Arighaat

(d) INS Aridhaman

(e) INS Sindhuvijay

18) At which facility did DRDO conduct the high-speed rocket-sled test of a fighter aircraft emergency escape system?

(a) Rail Track Rocket Sled (RTRS) facility, TBRL, Chandigarh

(b) High Energy Materials Research Laboratory, Pune

(d) Defence Electronics Research Laboratory, Hyderabad

(e) Terminal Ballistics Research Range, Balasore

19) Which institution developed and deployed India’s first indigenous Vessel Traffic Management System (VTMS) for ports?

(a) Indian Institute of Technology Bombay

(b) Indian Institute of Technology Delhi

(d) National Institute of Technology, Trichy

(e) Indian Maritime University, Chennai

20) What does SIDDHI 2.0, launched by Central Council for Research in Ayurvedic Sciences (CCRAS), stand for?

(a) Scientific Innovation in Digital Health Integration

(b) Systematic Innovation in Drug Development and Health Initiatives

(d) Sustainable Innovation in Drugs, Diagnostics & Healthcare

(e) Scientific Innovation in Drug Development, Healthcare & Integration

21) Which team defeated India to win their first-ever Sultan Azlan Shah Cup title in 2025?

(a) Netherlands

(b) Belgium

(d) Spain

(e) Germany

22) What is the theme of World Soil Day 2025 observed on 5 December?

(a) Stop Soil Erosion, Save Life

(b) Caring for the Planet Starts with Soil

(d) Protect Soil, Protect Future

(e) Soil and Climate Change

23) What is the theme of International Volunteer Day 2025 observed on 5 December?

(a) Volunteers for a Better World

(b) Every Contribution Matters

(d) Serving Humanity Together

(e) Global Action, Local Impact

24) Which country was the largest source of Foreign Direct Investment (FDI) in India during April–September 2025?

(a) United States of America

(b) United Arab Emirates

(d) Singapore

(e) Cayman Islands

25) Which bank became a Domestic Systemically Important Bank (D-SIB) in India after SBI in 2016?

(a) Axis Bank

(b) ICICI Bank

(d) Punjab National Bank

(e) Kotak Mahindra Bank

Answers :

1) Answer: E

Short Explanation:

The DPIIT (Department for Promotion of Industry and Internal Trade) under the Ministry of Commerce & Industry released the quarterly fact sheet on Foreign Direct Investments (FDI) inflow in India.

Computer Software & Hardware attracted the highest FDI at ~USD 9 bn, followed by the Services sector with USD 5 bn and Trading with USD 2.78 bn during April–September 2025.

Detailed Explanation:

FDI (Foreign Direct Investment) rose 18% to USD 35.18 bn during April–September FY26, and FDI from the USA more than doubled to USD 6.62 bn in the same period.

During April–September FY25, FDI inflows were USD 29.79 bn, indicating a significant year-on-year rise.

In the second quarter (July–September) of FY26, FDI inflows increased 21% YoY to USD 16.55 bn.

Total FDI, including equity inflows, reinvested earnings, and other capital, reached ~USD 50 bn in the first half of FY26, compared to USD 42.3 bn in FY25.

Computer Software & Hardware attracted the highest FDI at ~USD 9 bn, followed by the Services sector with USD 5 bn and Trading with USD 2.78 bn during April–September 2025.

2) Answer: A

Short Explanation:

The Reserve Bank of India (RBI) has approved Razorpay to operate as a Payment Aggregator – Cross Border Inward & Outward (PA-CB-I&O) under the Payment and Settlement Systems (PSS) Act, 2007.

The PA-CB licence mandates strict compliance with KYC (Know Your Customer), AML (Anti-Money Laundering), secure payment flows, export documentation, and settlement timelines.

Detailed Explanation:

The PA-CB licence mandates strict compliance with KYC (Know Your Customer), AML (Anti-Money Laundering), secure payment flows, export documentation, and settlement timelines.

With this approval, Razorpay can now process international payments, enabling Indian businesses to receive payments from global customers and allowing foreign companies to pay or operate in India through Razorpay.

Razorpay, founded in 2014 by Harshil Mathur and Shashank Kumar

3) Answer: C

Short Explanation:

The Organisation for Economic Cooperation and Development (OECD) released its bi-annual report “OECD Economic Outlook, Volume 2025 Issue 2: Resilient Growth but with Increasing Fragilities”, prepared by the OECD Economics Department.

OECD retained India’s GDP forecast for FY26 at 6.7%, indicating stable economic outlook despite global uncertainties.

Detailed Explanation:

OECD retained India’s GDP forecast for FY26 at 6.7%, indicating stable economic outlook despite global uncertainties.

OECD stated that higher U.S. tariffs will weigh on India’s exports and investments, while private consumption will remain supported by rising real incomes, monetary easing, and strong public capital expenditure.

For future years, OECD retained India’s GDP projection for FY27 at 6.2% and expects it to rise to 6.4% in FY28.

4) Answer: E

Short Explanation:

The Reserve Bank of India (RBI) announced that State Bank of India (SBI), HDFC Bank, and ICICI Bank will continue as Domestic Systemically Important Banks (D-SIBs) for 2025, retaining the same bucketing structure as in 2024.

Detailed Explanation:

SBI must maintain an additional Common Equity Tier-1 (CET-1) capital buffer of 0.80% of its Risk-Weighted Assets (RWAs), while HDFC Bank and ICICI Bank must maintain 0.40% and 0.20% CET-1 buffers, respectively.

The 2025 D-SIB list is based on data as of 31 March 2025.

The RBI’s D-SIB Framework, first issued in July 2014 and updated in December 2023, mandates annual disclosure of D-SIB banks and their classification into systemic importance buckets.

5) Answer: D

Short Explanation:

The Uralungal Labour Contract Cooperative Society (ULCCS), a 100-year-old labour cooperative in Kerala, has been recognised as a Global Cooperative Cultural Heritage Site by the International Co-operative Alliance (ICA).

Detailed Explanation:

The announcement was made at Itamaraty Palace, Brazil, placing ULCCS among 31 globally significant cooperative heritage sites.

India now has two sites on the inaugural global list: ULCCS and the Dr Verghese Kurien Museum (Amul), Anand.

The 31 founding sites span 25 countries, including Rochdale (UK), Federation of Southern Cooperatives (USA), and Moshi Co-operative University (Tanzania).

6) Answer: B

Short Explanation:

Five products from Tamil Nadu have received the Geographical Indications (GI) tag, recognising their uniqueness, heritage value, and regional identity.

With this addition, Tamil Nadu now holds 74 Geographical Indications (GI)-tagged products, making it one of the leading States in India for certified traditional products.

Detailed Explanation:

Five products from Tamil Nadu have received the Geographical Indications (GI) tag, recognising their uniqueness, heritage value, and regional identity.

The newly recognised items include:

Woraiyur Cotton Sari

Kavindapadi Nattu Sakkarai (Traditional Jaggery Powder)

Namakkal Soapstone Cookware (Makkal Pathirangal)

Thooyamalli Rice (Traditional Rice Variety)

Ambasamudram Choppu Saman (Wooden Toys)

With this addition, Tamil Nadu now holds 74 Geographical Indications (GI)-tagged products, making it one of the leading States in India for certified traditional products.

7) Answer: D

Short Explanation:

The Department of Land Resources (DoLR), Ministry of Rural Development, organised a National Symposium on NAKSHA and LandStack at Bharat Mandapam, New Delhi.

The event was conducted under GeoSmart India 2025 to accelerate the adoption of modern geospatial technology for improving urban land records management and enhancing citizen services.

Detailed Explanation:

The Department of Land Resources (DoLR), Ministry of Rural Development, organised a National Symposium on NAKSHA and LandStack at Bharat Mandapam, New Delhi.

The symposium brought together government authorities, technical experts, and industry professionals to discuss building a transparent, digital, and futuristic land administration system in India.

A major review took place on the progress of the NAKSHA Pilot Programme, which involves advanced aerial mapping and feature extraction technology to map 157+ Indian cities.

8) Answer: A

Short Explanation:

The renaming aims to reflect citizen-first governance, emphasising service (Seva) and responsibility rather than authority.

The new name signals that the Prime Minister’s Office is a place of public service where national priorities are shaped with people at the centre.

Under Prime Minister Narendra Modi, multiple institutional names have been changed to promote values like Kartavya (Duty), Seva (Service) and transparency.

The proposed name Seva Teerth symbolises a workplace dedicated to service, not just governance.

Detailed Explanation:

The renaming aims to reflect citizen-first governance, emphasising service (Seva) and responsibility rather than authority.

The new name signals that the Prime Minister’s Office is a place of public service where national priorities are shaped with people at the centre.

Under Prime Minister Narendra Modi, multiple institutional names have been changed to promote values like Kartavya (Duty), Seva (Service) and transparency.

The proposed name Seva Teerth symbolises a workplace dedicated to service, not just governance.

The renaming is part of a broader movement including:

Raj Bhavans renamed as Lok Bhavans to reflect public-centric governance.

The Prime Minister’s residence renamed to Lok Kalyan Marg in 2016.

Rajpath renamed as Kartavya Path to highlight duty over power.

The Central Secretariat renamed to Kartavya Bhavan.

9) Answer: B

Short Explanation:

Indira Gandhi International (IGI) Airport, Delhi has been recognised as India’s first water-positive airport among airports handling over 40 million passengers annually.

The recognition was awarded at the Water Innovation Summit 2025 under the National Institution for Transforming India (NITI Aayog) – Confederation of Indian Industry (CII) Water Neutrality Framework.

Detailed Explanation:

Indira Gandhi International (IGI) Airport, Delhi has been recognised as India’s first water-positive airport among airports handling over 40 million passengers annually.

Being water-positive means the airport replenishes more freshwater than it consumes through rainwater harvesting, recycling and conservation systems.

Major water infrastructure at IGI includes:

625 rainwater harvesting structures

Two underground reservoirs with 9-million-litre total storage capacity

A 16.6 million litres per day (MLD) zero-liquid-discharge Sewage Treatment Plant (STP)

10) Answer: C

Short Explanation:

India inaugurated the 18th Plenary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes in New Delhi, held from 2–5 December 2025.

The theme of the meeting is “Tax Transparency: Delivering a Shared Vision Through International Cooperation.”

Detailed Explanation:

India inaugurated the 18th Plenary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes in New Delhi, held from 2–5 December 2025.

The theme of the meeting is “Tax Transparency: Delivering a Shared Vision Through International Cooperation.”

The Global Forum is the world’s largest platform focused on promoting tax transparency and preventing tax evasion, with 172 member jurisdictions.

Union Finance Minister Nirmala Sitharaman inaugurated the event and welcomed global delegates.

The finance minister called for deeper international cooperation, especially as economies become more digital. She stressed that global trust has economic value and must be protected.

The plenary is the main decision-making platform of the Global Forum, where all members participate on an equal basis. Key focus areas include:

Exchange of Information on Request (EOIR)

Automatic Exchange of Information (AEOI)

11) Answer: D

Short Explanation:

The National Highways Authority of India (NHAI) has signed an MoU with Reliance Jio to introduce a new mobile-based highway safety alert system for travellers.

The system will use Jio’s 4G and 5G network to send real-time warnings to drivers approaching danger zones, with the aim of reducing road accidents and improving highway safety.

Detailed Explanation:

The National Highways Authority of India (NHAI) has signed an MoU with Reliance Jio to introduce a new mobile-based highway safety alert system for travellers.

The system will use Jio’s 4G and 5G network to send real-time warnings to drivers approaching danger zones, with the aim of reducing road accidents and improving highway safety.

Alerts will be delivered directly to users through SMS, WhatsApp messages, and high-priority calls, ensuring they receive timely notifications even while driving.

The alerts will warn drivers about:

Accident-prone zones

Areas with stray animals

Fog-affected stretches

Emergency diversions or road blockages

12) Answer: B

Ms. Aparna Garg, a 1987-batch IRAS officer, assumed charge as Member (Finance), Railway Board on 01 December 2025.

She is a senior civil servant with over 36 years of experience in financial administration within Indian Railways.

13) Answer: A

DP World appointed Abhishek Sharma as its new brand ambassador, joining Sachin Tendulkar and Tommy Fleetwood.

Sharma was chosen after an outstanding year, where he broke the record for most runs in a single T20I Asia Cup edition with 314 runs and won Player of the Tournament.

14) Answer: E

Nagpur University has appointed Manali Makarand Kshirsagar as its first woman vice-chancellor since its establishment in 1923, marking a historic leadership milestone.

The appointment was announced by Maharashtra Governor and University Chancellor Acharya Devvrat, with Kshirsagar’s five-year tenure set to begin immediately.

15) Answer: C

Short Explanation:

Bharat Dynamics Limited (BDL) secured additional defence contracts worth ₹2,461.62 crore from the Indian Army (IA) through an emergency procurement route.

The order includes supply of Anti-Tank Guided Missiles (ATGMs) and Surface-to-Air Missiles (SAMs).

Detailed Explanation:

Bharat Dynamics Limited (BDL) secured additional defence contracts worth ₹2,461.62 crore from the Indian Army (IA) through an emergency procurement route.

The order includes supply of Anti-Tank Guided Missiles (ATGMs) and Surface-to-Air Missiles (SAMs).

ATGMs will be executed over 42 months and will enhance the firepower of T-90 tanks used in mechanized regiments.

SAMs are scheduled for completion within 12 months, boosting India’s air defence capabilities.

The procurement supports the Government of India’s (GoI) efforts to meet operational requirements of the Indian Army.

16) Answer: C

Short Explanation:

The Indian Army (IA) Southern Command conducted a successful combat launch of the BrahMos supersonic cruise missile from a test range in the Bay of Bengal, accurately striking its target and reaffirming India’s long-range precision strike capability and operational readiness.

Detailed Explanation:

The launch was executed by a BrahMos unit of Southern Command in coordination with the Tri-Services Andaman and Nicobar Command (ANC), validating joint-services operational synergy.

BrahMos is a supersonic cruise missile developed by BrahMos Aerospace, a joint venture between DRDO (India) and NPO Mashinostroyeniya (NPOM) (Russia).

17) Answer: D

Short Explanation:

India is preparing to commission INS Aridhaman, its third indigenously built nuclear-powered ballistic missile submarine (SSBN), enhancing the nation’s sea-based nuclear deterrent.

Detailed Explanation:

India is preparing to commission INS Aridhaman, its third indigenously built nuclear-powered ballistic missile submarine (SSBN), enhancing the nation’s sea-based nuclear deterrent.

INS Aridhaman has entered the final phase of trials, with induction expected soon, as confirmed by Navy Chief Admiral Dinesh K. Tripathi.

The submarine follows INS Arighaat and joins INS Arihant, enabling India to operate three ballistic missile submarines simultaneously, strengthening second-strike capability under its nuclear doctrine.

INS Aridhaman has an improved design, capable of carrying more long-range nuclear-capable missiles, with enhanced endurance and survivability.

A fourth submarine in the series is under construction, further expanding India’s strategic depth.

18) Answer: A

Short Explanation:

The Defence Research and Development Organization (DRDO), successfully conducted a high-speed rocket-sled test of a fighter aircraft emergency escape system at the Rail Track Rocket Sled (RTRS) facility, TBRL (Terminal Ballistics Research Laboratory) Chandigarh, Haryana, under the Ministry of Defence (MoD).

Detailed Explanation:

The test achieved a controlled velocity of 800 km/h and validated canopy severance, ejection sequencing, and full aircrew recovery, placing India among the few nations capable of advanced in-house escape system testing.

A dual-sled configuration carrying the Light Combat Aircraft (LCA) Tejas fore-body was used to simulate realistic flight conditions for the escape system test.

An instrumented Anthropomorphic Test Dummy (ATD) acted as a pilot, measuring loads, accelerations, and moments during the ejection sequence.

19) Answer: C

Short Explanation:

Indian Institute of Technology Madras (IIT Madras) researchers developed and deployed India’s first indigenous Vessel Traffic Management System (VTMS) for ports.

The system was fully designed by the National Technology Centre for Ports, Waterways and Coasts (NTCPWC) based on requirements from the Ministry of Ports, Shipping and Waterways (MoSPW), Government of India.

Detailed Explanation:

Indian Institute of Technology Madras (IIT Madras) researchers developed and deployed India’s first indigenous Vessel Traffic Management System (VTMS) for ports.

The indigenous VTMS boosts indigenisation in the maritime sector and reduces dependence on imported technologies.

In 2020, the Shipping Ministry sanctioned ₹10 crore to IIT Madras for developing the software.

The system was first implemented at Vizhinjam International Seaport Limited (VISL), Kerala, inaugurated by Prime Minister Narendra Modi on 2nd May 2025, with other ports considering deployment.

20) Answer: E

Short Explanation:

Detailed Explanation:

The Central Council for Research in Ayurvedic Sciences (CCRAS), under the Ministry of Ayush, launched the second edition of its flagship industry–research interface initiative, SIDDHI 2.0 in Vijayawada.

SIDDHI 2.0 stands for Scientific Innovation in Drug Development, Healthcare & Integration.

The two-day national conclave was organized by the Regional Ayurveda Research Institute (RARI), Vijayawada, in collaboration with the Confederation of Indian Industry (CII), Vijayawada Zone.

The conclave aims to promote research-led product development, indigenous technology, accelerated translational pathways, and industry partnerships in Ayurveda.

21) Answer: B

Short Explanation:

The Indian men’s hockey team won the silver medal at the Sultan Azlan Shah Cup 2025held in Malaysia.

India lost 1-0 to Belgium in the final played in Ipoh.

Detailed Explanation:

The Indian men’s hockey team won the silver medal at the Sultan Azlan Shah Cup 2025held in Malaysia.

India lost 1-0 to Belgium in the final played in Ipoh.

Belgium, ranked World No. 3, won their first-ever Sultan Azlan Shah Cup title.

The winning goal was scored by Thibeau Stockbroekx in the 34th minute.

This was Belgium’s second appearance in the tournament after finishing sixth in 2008.

India, ranked World No. 7, returned to the tournament after six years.

22) Answer: C

World Soil Day 2025 is observed on 5 December to raise awareness about the importance of healthy soil and sustainable soil management.

The theme for World Soil Day 2025 is “Healthy Soils for Healthy Cities”, highlighting the critical role soil plays in supporting sustainable urban environments.

23) Answer: B

Short Explanation:

International Volunteer Day 2025, also known as International Volunteer Day for Economic and Social Development 2025, is observed globally on 5 December.

The theme for International Volunteer Day 2025 is “Every Contribution Matters”, recognising the impact of individual and collective voluntary actions.

Detailed Explanation:

International Volunteer Day 2025, also known as International Volunteer Day for Economic and Social Development 2025, is observed globally on 5 December.

The 2025 observance holds added importance as it marks the global launch of the International Year of Volunteers for Sustainable Development (IVY 2026).

The theme for International Volunteer Day 2025 is “Every Contribution Matters”, recognising the impact of individual and collective voluntary actions.

24) Answer: D

Short Explanation:

Singapore was the largest FDI source in April–September 2025 with USD 11.94 bn, followed by the USA (USD 6.2 bn), Mauritius (USD 3.47 bn), UAE (USD 2.33 bn), and Cayman Islands (USD 1.83 bn).

Detailed Explanation:

For the long period April 2000–September 2025, Singapore (USD 186.82 bn) remained the top investor, followed by Mauritius (USD 183.66 bn) and the USA (USD 77.27 bn).

Maharashtra received the highest state-wise FDI during April–September 2025 at USD 10.57 bn, followed by Karnataka (USD 9.4 bn), Tamil Nadu – TN (USD 3.57 bn), Haryana (USD 3.22 bn), and Gujarat (USD 2.24 bn).

25) Answer: B

Short Explanation:

SBI became India’s first D-SIB in 2015, followed by ICICI Bank in 2016 and HDFC Bank in 2017.

Detailed Explanation:

SBI became India’s first D-SIB in 2015, followed by ICICI Bank in 2016 and HDFC Bank in 2017.

Banks are selected as D-SIBs if their size exceeds 2% of India’s GDP, after which they are evaluated on Size, Interconnectedness, Lack of substitutes, and Complexity.

Foreign banks with Indian branches are categorised as Global Systemically Important Banks (G-SIBs) and must maintain additional CET-1 capital surcharge in India proportional to their RWAs.

This post was last modified on December 5, 2025 11:19 pm

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Daily Current Affairs Quiz – 05th December 2025

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