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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 20th August 2025. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2025 & other competitive exams can make use of these Current Affairs Quiz.
1) As per SEBI’s recent proposal (2025), what is the extended timeline for companies with a post-issue market capitalization between ₹50,000 crore and ₹1 lakh crore to achieve 25% Minimum Public Shareholding (MPS)?
(a) 2 years from the date of listing
(b) 3 years from the date of listing
(c) 4 years from the date of listing
(d) 5 years from the date of listing
(e) 10 years from the date of listing
2) Recently, Bank of Maharashtra has partnered with which company to launch its co-branded credit card “Bank of Maharashtra SBI Card”?
(a) ICICI Bank
(b) HDFC Bank
(c) SBI Card
(d) Axis Bank
(e) IDFC FIRST Bank
3) As per RBI’s survey (March 2025), which country has emerged as the largest foreign investor in Indian mutual funds by market value?
(a) United States
(b) United Kingdom
(c) Singapore
(d) United Arab Emirates (UAE)
(e) Qatar
4) The Jan Vishwas (Amendment of Provisions) Bill, 2025, introduced by Commerce and Industry Minister Piyush Goyal, seeks to amend how many provisions across 16 central Acts?
(a) 355
(b) 288
(c) 320
(d) 276
(e) 400
5) As per the report, Foreign Portfolio Investors (FPIs) offloaded Indian equities worth nearly how much in the first half of August 2025 (till August 14)?
(a) ₹17,741 crore
(b) ₹21,000 crore
(c) ₹38,673 crore
(d) ₹1.16 trillion
(e) ₹25,500 crore
6) According to the Periodic Labour Force Survey (PLFS), what was India’s unemployment rate in July 2025?
(a) 6.8%
(b) 5.6%
(c) 5.4%
(d) 5.2%
(e) 4.8%
7) As per the news, the Indian Ports Bill, 2025, which replaces the colonial-era Indian Ports Act, 1908, was introduced in Parliament by which Union Minister?
(a) Nitin Gadkari
(b) Hardeep Singh Puri
(c) Mansukh Mandaviya
(d) Piyush Goyal
(e) Sarbananda Sonowal
8) Which airport has launched the world’s first AI-powered passenger corridor for immigration clearance under the “Travel Without Borders” initiative?
(a) Singapore Changi Airport
(b) Doha Hamad International Airport
(c) Dubai International Airport (DXB)
(d) London Heathrow Airport
(e) Hong Kong International Airport
9) Who is set to join the RBI’s Monetary Policy Committee (MPC) as Executive Director, replacing Rajiv Ranjan?
(a) Michael Patra
(b) Shaktikanta Das
(c) M. D. Patra
(d) Sanjay Kumar
(e) Indranil Bhattacharyya
10) The Pradhan Mantri Viksit Bharat Rozgar Yojana, approved by the Union Cabinet on July 1, 2025, is an Employment Linked Incentive Scheme aimed at creating over 3.5 crore jobs. What is the total financial outlay of this scheme?
(a) ₹75,000 crore
(b) ₹85,200 crore
(c) ₹90,000 crore
(d) ₹99,446 crore
(e) ₹1,05,000 crore
11) Which corporate venture capital fund recently acquired a 4.99% stake in Shivalik Small Finance Bank for $7 million?
(a) SoftBank Vision Fund
(b) Sequoia Capital Asia Fund
(c) SMBC Asia Rising Fund
(d) Accel India VII Fund
(e) Sorin Investments
12) In August 2025, Nelco Limited, a Tata Group company, partnered with which French satellite operator to provide OneWeb LEO satellite connectivity services in India?
(a) Arianespace
(b) Eutelsat Communications
(c) Thales Alenia Space
(d) SES S.A.
(e) Intelsat
13) Which NASA satellite mission, aimed at monitoring atmospheric carbon dioxide, faces shutdown funding cuts under the Trump administration’s proposed FY 2026 budget?
(a) Terra
(b) Aqua
(c) Suomi NPP
(d) Landsat 9
(e) Orbiting Carbon Observatories (OCO)
14) Recently, Assam Rifles signed an MoU with which institute to promote drone technology for defence and security applications?
(a) IIT Guwahati
(b) IIIT Manipur
(c) NIT Silchar
(d) IIT Delhi
(e) DRDO
15) Who won the Cincinnati Open 2025 men’s singles title, marking his sixth title of the year and 22nd career trophy?
(a) Novak Djokovic
(b) Daniil Medvedev
(c) Alexander Zverev
(d) Jannik Sinner
(e) Carlos Alcaraz
16) What is the theme of World Humanitarian Day 2025, observed on August 19?
(a) “Real Life Heroes”
(b) “Humanity Beyond Borders”
(c) “Strengthening Global Solidarity and Empowering Local Communities”
(d) “Together for Humanity”
(e) “Honouring Aid Workers”
17) As per the news, World Mosquito Day, observed annually on 20 August, commemorates whose discovery that female mosquitoes transmit malaria?
(a) Louis Pasteur
(b) Robert Koch
(c) Sir Ronald Ross
(d) Alexander Fleming
(e) Edward Jenner
18) Shivalik, which operated as an urban cooperative bank since 1997, was converted into a Small Finance Bank in which year?
(a) 2017
(b) 2018
(c) 2019
(d) 2020
(e) 2021
19) The Pradhan Mantri Viksit Bharat Rozgar Yojana will be implemented by which organisation?
(a) NITI Aayog
(b) Ministry of Finance
(c) Employees Provident Fund Organisation (EPFO)
(d) Reserve Bank of India
(e) Ministry of Skill Development & Entrepreneurship
20) Which of the following is NOT a member of India’s current Monetary Policy Committee (MPC)composition (2025)?
(a) Sanjay Malhotra
(b) Poonam Gupta
(c) Rajiv Ranjan
(d) Nagesh Kumar
(e) Shaktikanta Das
Answers :
1) Answer: D
Short Explanation:
The Securities and Exchange Board of India (SEBI) has proposed increasing the flexibility of Minimum Public Shareholding (MPS) and Minimum Public Offer (MPO) for listed companies.
For issuers with a post-issue market cap between ₹50,000 crore and ₹1 lakh crore, the timeline for achieving 25% MPS may be extended from 3 years to 5 years from the date of listing.
Detailed Explanation:
The Securities and Exchange Board of India (SEBI) has proposed increasing the flexibility of Minimum Public Shareholding (MPS) and Minimum Public Offer (MPO) for listed companies.
The aim of these proposals is to simplify fund-raising by issuers in India.
SEBI proposes to raise the MPO for companies at listing and adjust the MPS post-listing, while also extending the timelines to achieve the MPS.
New post-issue market capitalization (m-cap) threshold buckets have been proposed: ₹4,000 crore to ₹50,000 crore, ₹50,000 crore to ₹1 lakh crore, ₹1 lakh crore to ₹5 lakh crore, and above ₹5 lakh crore.
For issuers with a post-issue market cap between ₹50,000 crore and ₹1 lakh crore, the timeline for achieving 25% MPS may be extended from 3 years to 5 years from the date of listing.
For other categories (implicitly, those with higher market caps or specific conditions), it’s proposed to allow five years to achieve 15% shareholding and 10 years to achieve 25% post-listing MPS.
2) Answer: C
Short Explanation:
Bank of Maharashtra (BoM) has partnered with SBI Card to launch a co-branded credit card called the “Bank of Maharashtra SBI Card.”
The card will be available on both the RuPay and VISA payment platforms.
Detailed Explanation:
Bank of Maharashtra (BoM) has partnered with SBI Card to launch a co-branded credit card called the “Bank of Maharashtra SBI Card.”
The card will be available on both the RuPay and VISA payment platforms.
It has been launched in three variants: ELITE, PRIME, and SimplySAVE.
The partnership aims to provide customers with enhanced value and convenience, catering to their diverse needs.
Key benefits of the card include accelerated reward points, a fuel surcharge waiver, discounts on travel, dining, and shopping, and contactless payment capabilities.
3) Answer: D
Short Explanation:
According to a survey by the Reserve Bank of India (RBI), The UAE has become the largest foreign investor in Indian mutual funds.
The survey covered 45 mutual funds and their asset management companies (AMCs).
Foreign liabilities of Indian mutual funds increased by 19.9% to reach $30.5 billion by March 2025.
Detailed Explanation:
According to a survey by the Reserve Bank of India (RBI), The UAE has become the largest foreign investor in Indian mutual funds.
The survey covered 45 mutual funds and their asset management companies (AMCs).
Foreign liabilities of Indian mutual funds increased by 19.9% to reach $30.5 billion by March 2025.
The UAE holds the highest share of non-resident mutual fund units in both face value and market value terms.
The top five foreign investing nations by market value are:
UAE: ₹52,549 crore
US: ₹31,903 crore
UK: ₹24,649 crore
Singapore: ₹19,523 crore
Qatar: ₹5,728 crore
4) Answer: A
Short Explanation:
The Jan Vishwas (Amendment of Provisions) Bill, 2025, was introduced in Lok Sabha, August 18, 2025, by Commerce and Industry Minister Piyush Goyal.
The Bill aims to amend 355 provisions across 16 central Acts to enhance ease of doing business and ease of living.
Detailed Explanation:
The Jan Vishwas (Amendment of Provisions) Bill, 2025, was introduced in Lok Sabha, August 18, 2025, by Commerce and Industry Minister Piyush Goyal.
The Bill aims to amend 355 provisions across 16 central Acts to enhance ease of doing business and ease of living.
Of these, 288 provisions relate to ease of doing business, and 67 relate to ease of living.
The Bill proposes to replace imprisonment clauses for minor, technical, or procedural defaults with monetary penalties or warnings.
For first-time contraventions, an advisory or warning will be issued for 76 offences under 10 Acts.
5) Answer: B
Short Explanation:
The Foreign Portfolio Investors (FPIs) offloaded Indian equities worth nearly ₹21,000 crore in the first half of August 2025 (until August 14).
This outflow brings the total FPI equity withdrawal to ₹1.16 trillion for the year 2025 so far.
Detailed Explanation:
The Foreign Portfolio Investors (FPIs) offloaded Indian equities worth nearly ₹21,000 crore in the first half of August 2025 (until August 14).
This outflow brings the total FPI equity withdrawal to ₹1.16 trillion for the year 2025 so far.
The primary reasons for the outflow were:
US-India trade tensions, including the threat of a 25% secondary tariff on India.
Lacklustre first-quarter corporate earnings.
A weakening rupee.
This sell-off followed a net withdrawal of ₹17,741 crore in July. Prior to that, FPIs had been net investors for three months (March to June), with an investment of ₹38,673 crore.
6) Answer: D
Short Explanation:
India’s unemployment rate fell to 5.2% in July 2025, as per the Periodic Labour Force Survey (PLFS) by the Ministry of Statistics & Programme Implementation (MoSPI).
Rural India drove job growth, with agriculture as the largest employer, while urban areas were dominated by services sector jobs.
Detailed Explanation:
India’s unemployment rate fell to 5.2% in July 2025, as per the Periodic Labour Force Survey (PLFS) by the Ministry of Statistics & Programme Implementation (MoSPI).
Rural India drove job growth, with agriculture as the largest employer, while urban areas were dominated by services sector jobs.
Labour Force Participation Rate (LFPR), Apr–Jun 2025: Overall 55%, Rural 57.1%, Urban 50.6%.
Worker Population Ratio (WPR), Apr–Jun 2025: Overall 52%, Rural 54.4%, Urban 47.1%.
Unemployment Rate (UR), Apr–Jun 2025: Overall 5.4%, Rural 4.8%, Urban 6.8%.
Monthly (July 2025): LFPR 54.9% (up from 54.2% in June); UR 5.2% (down from 5.6% in June).
7) Answer: E
Short Explanation:
The Rajya Sabha passed the Indian Ports Bill, 2025, replacing the Indian Ports Act, 1908, ending over a century-old colonial regulation.
The Bill was introduced by Union Minister of Ports, Shipping & Waterways Shri Sarbananda Sonowal and has already been cleared by the Lok Sabha; it now awaits Presidential assent.
Detailed Explanation:
The Rajya Sabha passed the Indian Ports Bill, 2025, replacing the Indian Ports Act, 1908, ending over a century-old colonial regulation.
The Bill was introduced by Union Minister of Ports, Shipping & Waterways Shri Sarbananda Sonowal and has already been cleared by the Lok Sabha; it now awaits Presidential assent.
Objective: To modernize governance of Indian ports, strengthen Centre–State coordination, and boost investor confidence in India’s maritime sector.
Maritime sector achievements in last decade:
Cargo handling at major ports rose to 855 million tonnes in FY 2024–25, up from 581 million tonnes in FY 2014–15.
Port capacity increased by 87% in the same period.
Ship turnaround time reduced to 48 hours, matching global benchmarks.
Coastal shipping volumes grew by 118%, while inland waterways cargo movement grew nearly sevenfold.
8) Answer: C
Short Explanation:
Dubai International Airport (DXB) has launched the world’s first artificial intelligence (AI)-powered passenger corridor for immigration clearance.
The initiative is part of Dubai’s broader “Travel Without Borders” or “Unlimited Smart Travel” initiative.
Detailed Explanation:
Dubai International Airport (DXB) has launched the world’s first artificial intelligence (AI)-powered passenger corridor for immigration clearance.
The initiative is part of Dubai’s broader “Travel Without Borders” or “Unlimited Smart Travel” initiative.
The system allows up to 10 passengers to clear immigration simultaneously by simply walking through a designated path.
It uses facial recognition and pre-registered biometric data to verify identities in as little as 14 seconds.
This technology eliminates the need for passports, smart gates, or any other physical documents at the checkpoint.
The system initially launched in Terminal 3’s First and Business Class lounges.
It is an advancement of Dubai’s previous “smart tunnel” technology, which was introduced in 2020.
9) Answer: E
Short Explanation:
Indranil Bhattacharyya, the Executive Director of the RBI’s Monetary Policy Department, is set to join the Monetary Policy Committee (MPC).
He will replace Rajiv Ranjan, who has been a member of the committee since 2022.
Detailed Explanation:
Indranil Bhattacharyya, the Executive Director of the RBI’s Monetary Policy Department, is set to join the Monetary Policy Committee (MPC).
He will replace Rajiv Ranjan, who has been a member of the committee since 2022.
Rajiv Ranjan will reportedly move to lead the Department of Economic & Policy Research at the RBI.
Indranil Bhattacharyya was appointed as an Executive Director on March 19, 2025.
The central bank’s board is expected to approve his nomination in an upcoming meeting.
The MPC is a six-member panel responsible for setting India’s benchmark interest rate.
It comprises the RBI Governor, a Deputy Governor, an Executive Director, and three external members.
10) Answer: D
Short Explanation:
The Pradhan Mantri Viksit Bharat Rozgar Yojana is an Employment Linked Incentive Scheme approved by the Union Cabinet on July 1, 2025.
It has an outlay of ₹99,446 crore and aims to create more than 3.5 crore jobs over a period of two years.
Detailed Explanation:
The Pradhan Mantri Viksit Bharat Rozgar Yojana is an Employment Linked Incentive Scheme approved by the Union Cabinet on July 1, 2025.
The scheme was announced by Prime Minister Narendra Modi in his 12th Independence Day address.
It has an outlay of ₹99,446 crore and aims to create more than 3.5 crore jobs over a period of two years.
The scheme provides incentives for jobs created between August 1, 2025, and July 31, 2027.
The scheme is designed to support employment, enhance employability, and provide social security, with a special focus on the manufacturing sector
11) Answer: C
Short Explanation:
SMBC Asia Rising Fund, a corporate venture capital fund co-founded by Japan’s Sumitomo Mitsui Banking Corporation, has acquired a 4.99% stake in Shivalik Small Finance Bank.
This investment amounts to $7 million (approximately ₹60 crore) and values the bank at about ₹1,200 crore.
Detailed Explanation:
SMBC Asia Rising Fund, a corporate venture capital fund co-founded by Japan’s Sumitomo Mitsui Banking Corporation, has acquired a 4.99% stake in Shivalik Small Finance Bank.
This investment amounts to $7 million (approximately ₹60 crore) and values the bank at about ₹1,200 crore.
Shivalik Small Finance Bank is unique as it is the only small finance bank in India to have transitioned from a cooperative entity.
This is the third equity raise for Shivalik since it became a bank.
In June,2024 Shivalik secured ₹100 crore from investors including Lightspeed and Sorin Investments, with contributions from existing investors Accel India VII (Mauritius) and Quona Accion Inclusion Fund III.
Currently, institutional investors collectively hold 29.31% interest, while the promoters hold around 40%.
Shivalik operated as an urban cooperative bank since 1997 and converted into a small finance bank in 2021.
12) Answer: B
Short Explanation:
Nelco Limited, a Tata Group company and satellite communication service provider, has partnered with Eutelsat to offer OneWeb low Earth orbit (LEO) satellite connectivity services in India.
The partnership involves Nelco working with OneWeb India Communications, which is Eutelsat’s local operating entity.
Detailed Explanation:
Nelco Limited, a Tata Group company and satellite communication service provider, has partnered with Eutelsat to offer OneWeb low Earth orbit (LEO) satellite connectivity services in India.
The partnership involves Nelco working with OneWeb India Communications, which is Eutelsat’s local operating entity.
This collaboration aims to provide secure, low-latency connectivity for customers in various sectors, including land, sea, and air.
The new services are intended to strengthen India’s digital infrastructure and national security, while also providing reliable connectivity to underserved areas.
Nelco is a subsidiary of Tata Power, which is part of the broader Tata Group.
Eutelsat Communications S.A. is a major French satellite operator headquartered in Paris.
13) Answer: E
Short Explanation:
The Trump administration has requested to shut down the Orbiting Carbon Observatories (OCO) program, which consists of a series of satellites designed to monitor atmospheric carbon dioxide (CO2).
The OCO satellites are dedicated Earth remote sensing satellites that collect data to help understand climate change.
Detailed Explanation:
The Trump administration has requested to shut down the Orbiting Carbon Observatories (OCO) program, which consists of a series of satellites designed to monitor atmospheric carbon dioxide (CO2).
The OCO satellites are dedicated Earth remote sensing satellites that collect data to help understand climate change.
The first satellite in the program, OCO, failed shortly after its launch in February 2009.
A replacement satellite, OCO-2, was launched in July 2014.
A third mission, OCO-3, was sent to the International Space Station (ISS) in 2019 to enhance CO2 observation.
The data collected by these satellites is used by NASA and other agencies to create high-resolution maps of plant growth, which is valuable for agriculture, drought monitoring, and forest mapping in addition to climate science.
The administration’s proposed fiscal year 2026 budget includes no funding for the OCO-2 and OCO-3 missions, though they are still fully operational.
14) Answer: B
Short Explanation:
Assam Rifles and IIIT Manipur signed a Memorandum of Understanding (MoU) at Mantripukhri to promote drone technology for defence and security.
Detailed Explanation:
Assam Rifles and IIIT Manipur signed a Memorandum of Understanding (MoU) at Mantripukhri to promote drone technology for defence and security.
The MoU was signed in the presence of Maj Gen Ravroop Singh, IG Assam Rifles (South), and the Director of IIIT Manipur, emphasizing defence–academia collaboration.
An Advanced Drone Training and Refresher Course was launched for Assam Rifles personnel.
The course covers drone flight operations, maintenance, and DGCA-certified training.
Aim: To enhance surveillance, reconnaissance, and logistics support capabilities of Assam Rifles.
Around 80 participants, including defence personnel and IIIT faculty, took part in the programme.
15) Answer: E
Short Explanation:
Carlos Alcaraz won his maiden Cincinnati Open title 2025 after Jannik Sinner retired just 23 minutes into the final.
This is Alcaraz’s sixth title of 2025, 22nd career tour-level trophy, and eighth ATP Masters 1000 crown — second only to Novak Djokovic (40) among active players.
Detailed Explanation:
Carlos Alcaraz won his maiden Cincinnati Open title 2025 after Jannik Sinner retired just 23 minutes into the final.
This is Alcaraz’s sixth title of 2025, 22nd career tour-level trophy, and eighth ATP Masters 1000 crown — second only to Novak Djokovic (40) among active players.
Final match: Sinner retired at 0–5 down in the first set due to illness caused by extreme heat.
Head-to-Head record: Alcaraz now leads 9–5 against Sinner.
This was their fourth straight final in 2025 (Rome, Roland Garros, Wimbledon, Cincinnati).
Sinner’s 26-match hard-court winning streak ended with this retirement.
Alcaraz has won three Masters 1000 titles in 2025 — Monte-Carlo, Rome, Cincinnati — extending his Masters winning streak to 17 matches.
16) Answer: C
World Humanitarian Day is observed every year on August 19 to honour the courage, sacrifice, and efforts of humanitarian workers worldwide.
Theme 2025: “Strengthening Global Solidarity and Empowering Local Communities”— highlighting collective compassion and the role of local communities in humanitarian response.
The Day commemorates the 2003 bombing of the UN headquarters in Baghdad, which killed 22 aid workers.
It serves as a platform to promote the safety, dignity, and well-being of aid workers and affected communities.
17) Answer: C
World Mosquito Day is observed annually on 20 August.
World Mosquito Day was first established in 1897 by Sir Ronald Ross who discovered that female mosquitoes transmit malaria to humans.
18) Answer: E
Shivalik operated as an urban cooperative bank since 1997 and converted into a small finance bank in 2021.
Managing Director and CEO of Shivalik Small Finance Bank :Anshul Swami
19) Answer: C
The Pradhan Mantri Viksit Bharat Rozgar Yojana will be implemented by the Ministry of Labour & Employment through Employees Provident Fund Organisation (EPFO), a statutory body under the Employees’ Provident Funds & Miscellaneous Provisions Act of 1952.
Cabinet Minister of Ministry of Labour &Employment :Mansukh Mandaviya
20) Answer: E
The MPC is a six-member panel responsible for setting India’s benchmark interest rate.
It comprises the RBI Governor, a Deputy Governor, an Executive Director, and three external members.
This change will affect the composition of the six-member panel, which currently includes Sanjay Malhotra (Governor), Poonam Gupta (Deputy Governor), Rajiv Ranjan, and the external members Nagesh Kumar, Ram Singh, and Saugata Bhattacharya.
