Daily Current Affairs Quiz – 12th December 2025

Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 12th 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 8th round of NABARD’s Rural Economic Conditions and Sentiments Survey (RECSS), what percentage of their income do rural households currently spend on consumption?

(a) 60.5%

(b) 67.3%

(d) 80.0%

(e) 85.2%

2) The new company named Indian Digital Payment Intelligence Corporation (IDPIC)formed by SBI and Bank of Baroda for a Digital Payments Intelligence Platform will be registered under which section of the Companies Act, 2013?

(a) Section 8

(b) Section 12

(d) Section 149

(e) Section 166

3) From which date do the RBI’s new ‘Rupee Interest Rate Derivatives (IRD) Directions, 2025’ become effective?

(a) 1 December 2025

(b) 1 January 2026

(d) 1 March 2026

(e) 1 April 2026

4) The launch of the Wise Travel Card in India was first announced at which major fintech event in 2025?

(a) India Fintech Forum, New Delhi

(b) Seamless Middle East, Dubai

(d) Money20/20, Europe

(e) Global Fintech Festival (GFF), Mumbai

5) At which prestigious industry awards ceremony did Bank of Baroda win the title of “Best Bank in India” for 2025?

(a) Asiamoney Best Bank Awards

(b) Global Finance World’s Best Banks Awards

(d) The Banker’s “Bank of the Year Awards 2025 – Asia-Pacific”

(e) FinanceAsia Best Bank Awards

6) The Government of India’s campaign “AapkiPoonji, Aapka Adhikar” aims to settle which of the following?

(a) Pending income tax refunds

(b) Unclaimed financial assets

(d) Subsidy payments under PM-KISAN

(e) Settlements of trade disputes

7) Which of the following banks is “NOT” listed as a participant in the Telecom Regulatory Authority of India (TRAI) announced the TRAI–Reserve Bank of India (RBI)Digital Consent Acquisition pilot?

(a) State Bank of India (SBI)

(b) Bank of Maharashtra

(d) Indian Overseas Bank

(e) Kotak Mahindra Bank

8) What type of license did Sahaj Insurance Services Private Limited secure from the Insurance Regulatory Development Authority of India (IRDAI)?

(a) Direct Broker Licence

(b) Corporate Agency Licence

(d) Third-Party Administrator (TPA) Licence

(e) Web Aggregator Licence

9) What was the total investment commitment received during the Telangana Rising Global Summit 2025?

(a) ₹3.20 lakh crore

(b) ₹4.50 lakh crore

(d) ₹6.10 lakh crore

(e) ₹7.25 lakh crore

10) Which institution co-hosted the Global AI Conclave 2025 along with the India AI Mission?

(a) IIT Madras

(b) IISc Bengaluru

(d) NIT Trichy

(e) IIIT Hyderabad

11) Where was Kerala’s first Gen-Z Post Office Extension Counter inaugurated by India Post?

(a) Mar Ivanios College, Thiruvananthapuram

(b) St. Thomas College, Thrissur

(d) Maharaja’s College, Ernakulam

(e) CMS College, Kottayam

12) Which country has introduced a world-first ban preventing children under 16 from using major social media platforms?

(a) United States

(b) United Kingdom

(d) Australia

(e) New Zealand

13) Which cricketer has been featured in Bank of Baroda’s new advertising campaign as its global brand ambassador?

(a) Virat Kohli

(b) Rohit Sharma

(d) Rahul Dravid

(e) Shubman Gill

14) After ICICI Bank’s additional 2% acquisition, what is its total stake in ICICI Prudential Asset Management Company for ₹2,140 crore?

(a) 45%

(b) 47%

(d) 53%

(e) 56%

15) IN 2025, JSW Paints recently acquired a majority stake in Akzo Nobel India (ANIL). What is its total holding after the acquisition?

(a) 50.5%

(b) 55.0%

(d) 61.2%

(e) 65.4%

16) Who has been named TIME magazine’s “2025 CEO of the Year”?

(a) Sundar Pichai

(b) Satya Nadella

(d) Parag Agrawal

(e) Shantanu Narayen

17) Which of the following cricketers is “not” part of the elite 100-100-100 club that Jasprit Bumrah joined?

(a) Virat Kohli

(b) Lasith Malinga

(d) Tim Southee

(e) Shaheen Shah Afridi

18) Where will India host the Squash World Cup 2025?

(a) New Delhi

(b) Chennai

(d) Bengaluru

(e) Hyderabad

19) Where was the Opening Ceremony of the 33rd Southeast Asian Games (SEA Games 2025) held?

(a) Impact Arena, Bangkok

(b) Rajamangala National Stadium, Bangkok

(d) National Stadium, Singapore

(e) Bukit Jalil National Stadium, Malaysia

20) What is the total investment of the ‘Y-Point Venture Capital (VC) Fund’ launched by Society for Innovation and Entrepreneurship (SINE) at Indian Institute of Technology-Bombay (IIT-B)?

(a) ₹100 crore

(b) ₹150 crore

(d) ₹250 crore

(e) ₹300 crore

21) How many Thematic Hubs (T-Hubs) were established under the National Quantum Mission (NQM) in FY 2024–25?

(a) Four

(b) Three

(d) Five

(e) Six

22) In 2025, Simone Tata, who passed away at the age of 95, was known for building which Indian brand?

(a) VLCC

(b) Lotus Herbals

(d) Biotique

(e) Himalaya

23) When is Universal Health Coverage Day observed?

(a) 10th December

(b) 11th December

(d) 15th December

(e) 12th December

24) What is the paid-up capital of the newly proposed Indian Digital Payment Intelligence Corporation (IDPIC)?

(a) Rs 100 crore

(b) Rs 150 crore

(d) Rs 250 crore

(e) Rs 500 crore

25) Where and when was the first Squash World Cup held?

(a) Malaysia, 1996

(b) England, 1994

(d) Canada, 1996

(e) India, 1997

Answers :

1) Answer: B

Short Explanation:

The 8th round of National Bank for Agriculture and Rural Development’s (NABARD) Rural Economic Conditions and Sentiments Survey (RECSS) shows clear evidence of a broad-based revival in rural demand, along with rising incomes and improved household well-being over the past year.

Nearly 80% of rural households reported higher consumption, and 67.3% of income is spent on consumption — the highest ever, aided by GST rate rationalisation, indicating strong and broad-based demand.

Detailed Explanation:

RECSS is a high-frequency, bi-monthly survey conducted by NABARD since September 2024, now providing a year-long dataset for analysing rural economic conditions and household sentiments.

Over the past year, rural economic fundamentals strengthened due to robust consumption, higher incomes, moderating inflation, and healthier financial behaviour, supported by welfare schemes and public investment.

2) Answer: A

Short Explanation:

The State Bank of India (SBI) and Bank of Baroda (BoB) received Reserve Bank of India (RBI) approval to set up a new entity for a Digital Payments Intelligence Platform.

The new company, named Indian Digital Payment Intelligence Corporation (IDPIC), will be established as a Section 8 company under the Companies Act, 2013.

Detailed Explanation:

The State Bank of India (SBI) and Bank of Baroda (BoB) received Reserve Bank of India (RBI) approval to set up a new entity for a Digital Payments Intelligence Platform.

The new company, named Indian Digital Payment Intelligence Corporation (IDPIC), will be established as a Section 8 company under the Companies Act, 2013.

The purpose of IDPIC is to detect and prevent fraudulent digital transactions across public sector banks by acting as a central intelligence hub for real-time data sharing and fraud pattern analysis.

The Finance Ministry granted an exemption permitting both SBI and BoB to hold over 30% stake in the new company, valid until 16 October 2026.

3) Answer: D

Short Explanation:

The Reserve Bank of India (RBI) issued the Master Direction ‘Rupee Interest Rate Derivatives (IRD) Directions, 2025’, permitting residents and non-residents to undertake rupee-denominated Interest Rate Derivative (IRD) transactions effective 1 March 2026.

These directions are issued under Section 45W of the RBI Act, 1934, enabling regulatory powers for rupee IRD transactions.

Detailed Explanation:

These directions are issued under Section 45W of the RBI Act, 1934, enabling regulatory powers for rupee IRD transactions.

The directions apply to Rupee IRD transactions undertaken in both the Over-the-Counter (OTC) market and on recognised stock exchanges in India.

Recognised exchanges may introduce new IRD products only after obtaining prior RBI approval, ensuring regulatory oversight.

Any floating interest rate, price or index for exchange-traded IRDs must be a benchmark published by an authorised Financial Benchmark Administrator (FBA).

4) Answer: E

Short Explanation:

Wise, a global money movement company, has launched the Wise Travel Card in India, targeting travellers seeking transparent pricing and ease of use abroad.

The card was first announced at the Global Fintech Festival (GFF) 2025 held in Mumbai, Maharashtra.

Detailed Explanation:

Wise, a global money movement company, has launched the Wise Travel Card in India, targeting travellers seeking transparent pricing and ease of use abroad.

The card was first announced at the Global Fintech Festival (GFF) 2025 held in Mumbai, Maharashtra.

Issuance Fee Waiver: Wise has waived the ₹460 issuance fee for sign-ups until 10 February 2026; the card has no annual fees, no subscription charges, and no inactivity fees.

Multi-Currency Support: The card supports 40+ currencies, including Vietnam, Indonesia, Turkey, and Georgia.

Digital Onboarding: Onboarding is fully digital via DigiLocker and video KYC.

The card offers an instant digital card, IMPS-based account top-ups, and in-app controls for security.

5) Answer: D

Short Explanation:

Bank of Baroda (BoB) has been awarded the ‘Best Bank in India’ at The Banker’s “Bank of the Year Awards 2025 – Asia-Pacific”.

Detailed Explanation:

Bank of Baroda (BoB) has been awarded the ‘Best Bank in India’ at The Banker’s “Bank of the Year Awards 2025 – Asia-Pacific”.

The award recognised BoB for enhancing customer experience through phygital branches that combine digital and in-person banking services.

These phygital branches enable customers to quickly access statements, income tax certificates, nominee updates, and video-call support for loans such as home, car and term deposits.

BoB expanded customer support by opening 184 new branches across India to strengthen on-ground service delivery.

6) Answer: B

Short Explanation:

The Ministry of Finance (MoF) announced the progress of the nationwide campaign “AapkiPoonji, Aapka Adhikar – Your Money, Your Right”, conducted from 4 October to 5 December 2025 to settle unclaimed financial assets.

In the first two months, around ₹2,000 crore in unclaimed funds were successfully reclaimed by rightful owners.

Detailed Explanation:

In the first two months, around ₹2,000 crore in unclaimed funds were successfully reclaimed by rightful owners.

The campaign’s objective is to facilitate settlement of unclaimed bank deposits, insurance proceeds, dividends, shares, mutual funds, and pension amounts.

The campaign follows the 3A Framework – Awareness, Accessibility, and Action for resolving unclaimed assets.

District-level camps were held in 477 districts across India during the campaign period.

7) Answer: C

Short Explanation:

The Telecom Regulatory Authority of India (TRAI) announced the TRAI–Reserve Bank of India (RBI) Digital Consent Acquisition pilot, under which select customers will receive SMS alerts from telecom operators to review their promotional communication consents.

Nine telecom operators and eleven major banks including SBI, PNB, Axis Bank, Bank of Maharashtra, Canara Bank, Kotak Mahindra Bank, IndusInd Bank, ICICI Bank, HDFC Bank, Indian Overseas Bank, and Punjab & Sind Bank are participating in the pilot.

Detailed Explanation:

The pilot aims to digitise and standardise the process of giving, viewing, and revoking consent for promotional messages, addressing long-standing issues with paper-based or non-standard digital consents.

8) Answer: B

Sahaj Insurance Services Private Limited, a subsidiary of Sahaj Retail Limited,has secured a Corporate Agency Licence from Insurance Regulatory Development Authority of India (IRDAI), enabling it to solicit and distribute insurance products on behalf of underwriting insurers.

9) Answer: C

Short Explanation:

Telangana achieved a major economic milestone as the Telangana Rising Global Summit 2025 concluded with ₹5.75 lakh crore investment commitments, showcasing the State’s push toward energy transition, AI-driven data infrastructure, smart urbanisation, and next-generation technologies.

The summit highlighted Telangana’s strategy to position itself as an innovation-led growth hub, with participation from global investors, policymakers, and industry leaders.

Detailed Explanation:

The summit highlighted Telangana’s strategy to position itself as an innovation-led growth hub, with participation from global investors, policymakers, and industry leaders.

Telangana aims to expand beyond Hyderabad’s IT strengths into advanced energy systems, AI-based data centre ecosystems, integrated future-ready urban zones, and skill transformation initiatives through proactive policies and streamlined investor facilitation.

Nearly 50% of the ₹5.75 lakh crore investments were secured by the energy sector, focused on renewable energy clusters, battery storage, green hydrogen-ready ecosystems, and industrial power corridors, supporting India’s decarbonisation goals.

10) Answer: A

Short Explanation:

India is positioning itself as a global thought leader in responsible Artificial Intelligence (AI) through the Global AI Conclave 2025, jointly hosted by Indian Institute of Technology (IIT) Madras and the India AI Mission in Chennai.

Detailed Explanation:

The conclave reinforces India’s focus on safe, trusted, and inclusive AI, guided by the Ministry of Electronics and Information Technology (MeitY).

The event acts as a precursor to the India-AI Impact Summit 2026, one of the world’s major platforms on AI governance and innovation.

The conclave comes at a critical time as global AI adoption grows, raising concerns related to AI safety, ethical use, and accountability.

11) Answer: E

Short Explanation:

India Post inauguratedKerala’s first Gen-Z Post Office Extension Counter at CMS College, Kottayam.

The counter was inaugurated by Shri N.R. Giri, Director Postal Services, Kerala Central Region.

Detailed Explanation:

India Post inauguratedKerala’s first Gen-Z Post Office Extension Counter at CMS College, Kottayam.

The counter was inaugurated by Shri N.R. Giri, Director Postal Services, Kerala Central Region.

The initiative aims to make postal services modern, youth-centric, accessible, and aligned with Gen-Z lifestyles.

India Post is modernising its network to stay relevant in the digital era by blending heritage with innovation.

CMS College, known as the “Land of Letters” and one of India’s oldest institutions, provides a suitable campus environment for this student-focused model.

The concept is based on the philosophy: “Of the students, by the students, for the students.”

12) Answer: D

Short Explanation:

Australia has begun enforcing a world-first ban preventing children under 16 from using major social media platforms like TikTok, Instagram, and YouTube.

Detailed Explanation:

Australia has begun enforcing a world-first ban preventing children under 16 from using major social media platforms like TikTok, Instagram, and YouTube.

Under the law, 10 major platforms, including TikTok, Meta’s Instagram, and Alphabet’s YouTube, must bar underage users or face a fine of up to A$49.5 million ($33 million).

Parents and children will not be punished, but tech companies could face fines up to $32 million for any breach under the new law.

The Australian internet regulator, eSafety Commissioner, will require all affected platforms to report numbers of under-16 accounts on the days before and after the ban went live.

13) Answer: C

Short Explanation:

Bank of Baroda (BoB) launched a new advertising campaign featuring cricketer Sachin Tendulkar as its global brand ambassador.

The campaign promotes four key retail products — home loans, car loans, MSME loans via bob Digi Udyam, and the bob Masterstroke Lite Savings Account.

Detailed Explanation:

Bank of Baroda (BoB) launched a new advertising campaign featuring cricketer Sachin Tendulkar as its global brand ambassador.

The campaign promotes four key retail products — home loans, car loans, MSME loans via bob Digi Udyam, and the bob Masterstroke Lite Savings Account.

It builds on last year’s theme ‘Play The Masterstroke’, focusing on helping customers make smart and informed financial decisions.

The campaign uses a 360-degree media strategy across television, print, social media, radio, outdoor, and cinema to ensure pan-India reach.

Bank of Baroda, founded in 1908, is majority-owned by the Government of India with a 63.97% stake.

14) Answer: D

Short Explanation:

ICICI Bank signed a Share Purchase Agreement (SPA) with Prudential Corporation Holdings Limited. (PCHL) to acquire an additional 2% stake in ICICI Prudential Asset Management Company Limited (ICICI AMC) for ₹2,140 crore.

After the deal, ICICI Bank’s stake in ICICI AMC increased to 53%, while PCHL’s stake reduced to 47%.

Detailed Explanation:

The acquisition aims to safeguard ICICI Bank’s majority control in case of stock-based compensation issued by the AMC.

After the deal, ICICI Bank’s stake in ICICI AMC increased to 53%, while PCHL’s stake reduced to 47%.

The purchase is based on shareholder approval given at the 31st Annual General Meeting (AGM) (Aug 2025) and Reserve Bank of India (RBI) approval via a letter dated 12 September 2025 permitting the bank to raise its stake by up to 2%.

15) Answer: D

JSW Paints has completed the acquisition of a 60.76% stake in Akzo Nobel India (ANIL) from Akzo Nobel N.V., bringing its total holding to 61.2% including the earlier 0.44% acquired through an open offer.

This acquisition is one of the largest in India’s paints and coatings industry.

ANIL, known for the Dulux brand, has a strong presence in India’s decorative and industrial paints market.

16) Answer: C

Short Explanation:

TIME magazine has named Neal Mohan, the Indian-origin CEO of YouTube, as the “2025 CEO of the Year.”

Detailed Explanation:

TIME magazine has named Neal Mohan, the Indian-origin CEO of YouTube, as the “2025 CEO of the Year.”

His recognition reflects innovation-driven leadership, marked by technical excellence, empathy, and strategic foresight.

Neal Mohan was born to Indian parents and grew up in an environment that emphasized discipline, academic excellence, and curiosity.

17) Answer: A

Short Explanation:

Jasprit Bumrah created history becoming the first Indian bowler to take 100 wickets in Tests, ODIs, and T20Is.

With this feat, Bumrah joins the elite 100-100-100 club, becoming only the fifth bowler in world cricket to do so.

The exclusive group includes: Tim Southee, Lasith Malinga, Shakib Al Hasan, Shaheen Shah Afridi, and Jasprit Bumrah.

Detailed Explanation:

Jasprit Bumrah created history becoming the first Indian bowler to take 100 wickets in Tests, ODIs, and T20Is.

The milestone was achieved during the 1st T20I vs South Africa at the Barabati Stadium, Cuttack, where he dismissed Dewald Brevis for his 100th T20I wicket, later adding one more.

With this feat, Bumrah joins the elite 100-100-100 club, becoming only the fifth bowler in world cricket to do so.

The exclusive group includes: Tim Southee, Lasith Malinga, Shakib Al Hasan, Shaheen Shah Afridi, and Jasprit Bumrah.

18) Answer: B

Short Explanation:

India will host the Squash World Cup 2025 for the third consecutive time at the SDAT Stadium, Chennai, from 10–14 December 2025.

Chennai, known as the “Home of Indian Squash,” continues to strengthen its global presence with strong support from the Squash Rackets Federation of India (SRFI) and Tamil Nadu’s sports authorities.

Detailed Explanation:

India will host the Squash World Cup 2025 for the third consecutive time at the SDAT Stadium, Chennai, from 10–14 December 2025.

The Squash World Cup is an international mixed-team tournament featuring four-player squads—two men and two women.

The event uses an innovative scoring system introduced in 2023, with a first-to-seven points format and a sudden-death tiebreak at 6–6, making matches faster and spectator-friendly.

19) Answer: B

Short Explanation:

The 33rd Southeast Asian Games (SEA Games 2025) officially began in Thailand, marking the start of one of Southeast Asia’s biggest multi-sport events.

The Games are hosted across Bangkok and Chonburi province, with the Opening Ceremony held at the Rajamangala National Stadium.

Detailed Explanation:

The 33rd Southeast Asian Games (SEA Games 2025) officially began in Thailand, marking the start of one of Southeast Asia’s biggest multi-sport events.

The Games are hosted across Bangkok and Chonburi province, with the Opening Ceremony held at the Rajamangala National Stadium.

Thailand is hosting over 13,000 athletes, showcasing the growing scale and importance of the SEA Games in the region’s sports ecosystem.

A total of 11 Southeast Asian countriesare participating:
Thailand, Malaysia, Indonesia, Cambodia, Philippines, Singapore, Myanmar, Vietnam, Lao People’s Democratic Republic, Brunei Darussalam, and Democratic Republic of Timor-Leste.

20) Answer: D

Short Explanation:

The Society for Innovation and Entrepreneurship (SINE) at Indian Institute of Technology-Bombay (IIT-B), Mumbai,Maharashtra launched ‘Y-Point Venture Capital (VC) Fund’, India’s 1st deep-tech VC fund managed by an academia-linked incubator, with a total investment of ₹250 crore.

Detailed Explanation:

The fund aims to support deep-tech startups in India by providing early-stage risk capital.

The Y-Point VC Fund is SEBI-approved and registered as a Category-II Alternative Investment Fund (AIF).

The fund will invest in 25–30 pre-seed and seed-stage startups from IIT-B and other top research institutes, with a maximum ticket size of ₹15 crore.

21) Answer: A

Short Explanation:

The Indian Institute of Technology, Madras (IITM) launched the IITM C-DOT Samgnya Technologies Foundation, which will function as India’s National Hub for Quantum Communication.

The hub is one of the most well-funded centres under the National Quantum Mission (NQM), which has an outlay of ₹6003.65 crore for eight years.

Under NQM, four Thematic Hubs (T-Hubs) were established in FY 2024–25, incorporated as Section-8 companies with their own Hub Governing Boards (HGBs).

Detailed Explanation:

The Indian Institute of Technology, Madras (IITM) launched the IITM C-DOT Samgnya Technologies Foundation, which will function as India’s National Hub for Quantum Communication.

The hub was inaugurated by DST Secretary Abhay Karandikar, along with senior IIT Madras officials including the Director and Project Director.

The foundation focuses on Quantum Cryptography, Post-Quantum Security, Quantum Key Distribution (QKD), Quantum Memory, Quantum Repeaters, and Satellite-based Quantum Communication.

The hub is one of the most well-funded centres under the National Quantum Mission (NQM), which has an outlay of ₹6003.65 crore for eight years.

Under NQM, four Thematic Hubs (T-Hubs) were established in FY 2024–25, incorporated as Section-8 companies with their own Hub Governing Boards (HGBs).

22) Answer: C

Simone Tata, the Swiss-born business leader who built Lakmé, passed away in Mumbai at 95 years of age.

She played a pivotal role in creating India’s leading cosmetics brand Lakmé, a Tata venture initiated on PM Jawaharlal Nehru’s request to reduce dependence on imported cosmetics.

23) Answer: E

Short Explanation:

Universal Health Coverage Day 2025 is observed on 12th December to promote access to quality health services without financial hardship.

Detailed Explanation:

Universal Health Coverage Day 2025 is observed on 12th December to promote access to quality health services without financial hardship.

The first healthcare system was established in 1883 by German Chancellor Otto von Bismarck.

Bismarck introduced the ‘Bismarckian system’, an insurance-based healthcare model requiring mandatory medical insurance, similar to modern non-profit health-insurance systems.

24) Answer: C

The new company, named Indian Digital Payment Intelligence Corporation (IDPIC), will be established as a Section 8 company under the Companies Act, 2013.

IDPIC will be launched with an authorised capital of Rs 500 crore and a paid-up capital of Rs 200 crore.

25) Answer: A

First Squash World Cup: Held in 1996 in Malaysia, with Australia winning the inaugural edition.

The 2025 edition holds importance for India as it aims to further enhance squash visibility and challenge top global teams.

This post was last modified on December 14, 2025 2:07 pm

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Daily Current Affairs Quiz – 12th December 2025

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