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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 27th Sep 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) Recently, India’s logistics costs were officially estimated for the first time. According to the Department for Promotion of Industry and Internal Trade (DPIIT), what percentage of GDP did logistics costs account for in 2023-24?
(a) 13.5%
(b) 9.61%
(c) 8.99%
(d) 7.97%
(e) 8.79%
2) Recently, Ashok Leyland Limited has signed a 20-year agreement with which Chinese company, the world’s third-largest battery maker, to strengthen its lithium-ion battery technology capabilities?
(a) BYD Co. Ltd.
(b) CATL (Contemporary Amperex Technology Ltd.)
(c) CALB Group Co.
(d) Gotion High-Tech
(e) Eve Energy Co.
3) On September 25, 2025, IndiGo launched its co-branded premium credit card in partnership with which company?
(a) SBI Card
(b) Axis Bank
(c) ICICI Bank
(d) HDFC Bank
(e) Kotak Mahindra Bank
4) In Sep’25, VinFast Auto India recently signed an MoU with which Indian bank to provide retail car financing through its exclusive dealer network?
(a) Punjab National Bank
(b) Central Bank of India
(c) Bank of Baroda
(d) Canara Bank
(e) Union Bank of India
5) As per the news, nine European banks, including ING, UniCredit, and CaixaBank, are collaborating to launch a Euro-backed stablecoin. When is the target launch year for this initiative?
(a) 2025
(b) 2026
(c) 2027
(d) 2028
(e) 2029
6) Which bank has partnered with Clearing Corporation of India Limited (CCIL)and International Financial Services Centres Authority (IFSCA)as the sole partner to settle and clear dollar-denominated trades at GIFT City, with the platform launching on 7 October 2025?
(a) HSBC
(b) Citi Bank
(c) Standard Chartered Bank
(d) Deutsche Bank
(e) Barclays
7) The Ministry of Defence recently signed a contract worth over ₹62,370 crore with Hindustan Aeronautics Limited (HAL) to procure how many Light Combat Aircraft (LCA) Mk1A for the Indian Air Force?
(a) 97
(b) 68
(c) 107
(d) 112
(e) 129
8) The Government of India has extended the tenure of General Anil Chauhan as Chief of Defence Staff (CDS) till which date (or until further orders, whichever is earlier)?
(a) December 31, 2025
(b) May 30, 2026
(c) September 30, 2026
(d) March 31, 2027
(e) June 30, 2026
9) The Financial Services Institutions Bureau (FSIB) has recommended which banker, currently Executive Director of Bank of Maharashtra, as the next Managing Director of India Infrastructure Finance Company Ltd. (IIFCL)?
(a) Manikumar Sivaramakrishnan
(b) P. R. Jaishankar
(c) Rajkiran Rai G.
(d) Rohit Rishi
(e) S. S. Mallikarjuna Rao
10) Who took oath as the Chief Justice of Patna High Court on 21 September 2025?
(a) Arif Mohammad Khan
(b) Nitish Kumar
(c) Pavankumar BhimappaBajanthri
(d) Samrat Choudhary
(e) P. S. Narasimha
11) Who was re-elected as President of Guyana in the general election held on 1 September 2025?
(a) Aubrey Norton
(b) Irfaan Ali
(c) Azruddin Mohamed
(d) David Granger
(e) Mohamed Irfaan
12) Recently, Andhra Pradesh CM N. Chandrababu Naidu, along with Vice-President C.P. Radhakrishnan, inaugurated India’s first Artificial Intelligence-powered Integrated Command and Control Centre (ICCC) at Tirumala on 25 September 2025. The AI-powered Integrated Command and Control Centre (ICCC) at Tirumala is located at which facility?
(a) Vaikuntam Queue Complex–I
(b) Tirumala Temple Main Hall
(c) Tirupati Bus Stand
(d) Alipiri Gate
(e) Vaikuntam Queue Complex–II
13) On 24 September 2025, DRDO and Strategic Forces Command successfully launched which missile from a Rail-based Mobile Launcher system in India?
(a) Agni-V
(b) Agni-Prime
(c) Prithvi-II
(d) Shaurya
(e) Nirbhay
14) Who is the Prime Minister of Guyana?
(a) Irfaan Ali
(b) Mark Phillips
(c) Aubrey Norton
(d) David Granger
(e) Azruddin Mohamed
15) Where will the new dollar clearing platform, launching on 7 October 2025, be located?
(a) Mumbai
(b) New Delhi
(c) GIFT City, Ahmedabad
(d) Bengaluru
(e) Hyderabad
Answers :
1) Answer: D
Short Explanation:
India’s logistics costs were officially estimated at 7.97% of GDP in 2023-24 by the Department for Promotion of Industry and Internal Trade (DPIIT).
This is the first official estimate, based on a comprehensive study using data from companies, users, and service providers.
Detailed Explanation:
India’s logistics costs were officially estimated at 7.97% of GDP in 2023-24 by the Department for Promotion of Industry and Internal Trade (DPIIT).
This is the first official estimate, based on a comprehensive study using data from companies, users, and service providers.
Logistics costs have been declining over the last five years: 8.79% (2021-22) → 8.84% (2022-23) → 7.97% (2023-24).
Earlier estimates by external agencies suggested 13–14% of GDP, but the new NCEAR framework (approved by ministries and industry groups) gives a more accurate and consistent figure.
If only agriculture, mining, and manufacturing outputs are considered (main logistics users), costs were 8.99% in 2023-24, down from 9.52% in 2022-23 and 9.61% in 2021-22.
2) Answer: C
Short Explanation:
Ashok Leyland Limited., India’s second-largest truck and bus maker, has signed a 20-year agreement with China’s CALB Group Co., the third-largest battery maker in China, to strengthen its lithium-ion battery technology capabilities.
The company will initially import cells from CALB and assemble them into packs, while gradually building domestic design and manufacturing capability.
Detailed Explanation:
Ashok Leyland Limited., India’s second-largest truck and bus maker, has signed a 20-year agreement with China’s CALB Group Co., the third-largest battery maker in China, to strengthen its lithium-ion battery technology capabilities.
The company will initially import cells from CALB and assemble them into packs, while gradually building domestic design and manufacturing capability.
CEO Shenu Agarwal stated that India must reduce dependence on imports to be a true EV player, as currently 70% of EV components are imported.
As part of the partnership, Ashok Leyland plans to invest ₹50,000 crore ($563 million) over 7–10 years to develop next-generation batteries for cars, buses, and grid applications.
Ashok Leyland, one of the world’s largest bus manufacturers, is already importing battery packs from CALB.
3) Answer: A
Short Explanation:
IndiGo launched a co-branded premium credit card in collaboration with SBI Card on September 25, 2025.
The card is available in two variants – IndiGo SBI Card and IndiGo SBI Card ELITE – under the IndiGo BluChip loyalty program.
Detailed Explanation:
IndiGo launched a co-branded premium credit card in collaboration with SBI Card on September 25, 2025.
The card is available in two variants – IndiGo SBI Card and IndiGo SBI Card ELITE – under the IndiGo BluChip loyalty program.
Cardholders can earn rewards on spends within IndiGo’s ecosystem, as well as on hotel and travel bookings and other categories.
The card will bring value, convenience, and benefits to frequent flyers by turning everyday spending into rewarding travel experiences.
4) Answer: B
Short Explanation:
VinFast Auto India, a subsidiary of global EV manufacturer VinFast, signed an memorandum of understanding (MoU) with Central Bank of India (CBI) to provide retail car financing through its exclusive dealer network.
The collaboration will make EV ownership more accessible by offering attractive interest rates, flexible repayment plans, zero processing charges, exclusive offers, and priority services.
Detailed Explanation:
VinFast Auto India, a subsidiary of global EV manufacturer VinFast, signed an memorandum of understanding (MoU) with Central Bank of India (CBI) to provide retail car financing through its exclusive dealer network.
The collaboration will make EV ownership more accessible by offering attractive interest rates, flexible repayment plans, zero processing charges, exclusive offers, and priority services.
Dedicated CBI representatives will be present at VinFast showrooms to provide on-site support for prospective buyers.
CBI’s network of 4,552 branches and 21,000+ touchpoints will extend VinFast’s reach to both metropolitan hubs and emerging markets.
This initiative supports VinFast’s vision to accelerate adoption of sustainable mobility in India, a fast-growing EV market globally.
The MoU comes ahead of VinFast’sVF 6 and VF 7 model launches in India and the inauguration of its EV assembly plant in Tamil Nadu.
5) Answer: B
Short Explanation:
Nine European Banks, including ING, Banca Sella, KBC, Danske Bank, UniCredit, CaixaBank, and SEB, are collaborating to launch a Euro-backed stablecoin.
The stablecoin will be MiCA-compliant (Markets in Crypto-Assets regulation), with a target launch in the second half of 2026.
Detailed Explanation:
Nine European Banks, including ING, Banca Sella, KBC, Danske Bank, UniCredit, CaixaBank, and SEB, are collaborating to launch a Euro-backed stablecoin.
The initiative aims to provide an EU-native alternative to US Dollar-backed stablecoins.
A Netherlands-based entity has been created to oversee the project, seeking a Dutch Central Bank e-money institution license.
The stablecoin will be MiCA-compliant (Markets in Crypto-Assets regulation), with a target launch in the second half of 2026.
The consortium plans to appoint a CEO for the new company and expand by adding more banking partners.
EU regulations on crypto have tightened since MiCA 2023, especially for stablecoin transactions.
6) Answer: C
Short Explanation:
Standard Chartered Bank has partnered with Clearing Corporation of India Limited (CCIL) and International Financial Services Centres Authority (IFSCA) as the sole partner to settle and clear dollar-denominated trades.
The dollar clearing platform will launch on 7 October 2025 at GIFT City, India’s global finance hub in Ahmedabad, Gujarat.
The platform will allow all banks in GIFT City, both foreign and Indian, to become members for local dollar clearing, avoiding dependence on US clearing hours.
Detailed Explanation:
Standard Chartered Bank has partnered with Clearing Corporation of India Limited (CCIL) and International Financial Services Centres Authority (IFSCA) as the sole partner to settle and clear dollar-denominated trades.
The dollar clearing platform will launch on 7 October 2025 at GIFT City, India’s global finance hub in Ahmedabad, Gujarat.
The platform will allow all banks in GIFT City, both foreign and Indian, to become members for local dollar clearing, avoiding dependence on US clearing hours.
Standard Chartered is currently the only correspondent bank to around 33 Indian banks and is among the top two banks in India for Pound Sterling and Euro clearing.
Non-dollar transactions like Chinese Yuan and INR invoicing are expected to grow, with renewable energy imports already using Yuan-based invoicing.
The CEO, P.D. Singh, highlighted potential tariff impacts on trade, estimating a 0.6-0.7% GDP hit due to 50% US tariffs, partially offset by tax cuts, GST rationalisation, and interest rate reductions.
7) Answer: A
Short Explanation:
The Ministry of Defence (MoD) signed a contract with Hindustan Aeronautics Limited (HAL) to procure 97 Light Combat Aircraft (LCA) Mk1A for the Indian Air Force (IAF) at a cost of over ₹62,370 crore (excluding taxes).
The order includes 68 fighter jets and 29 twin-seaters, along with associated equipment.
Detailed Explanation:
The Ministry of Defence (MoD) signed a contract with Hindustan Aeronautics Limited (HAL) to procure 97 Light Combat Aircraft (LCA) Mk1A for the Indian Air Force (IAF) at a cost of over ₹62,370 crore (excluding taxes).
The order includes 68 fighter jets and 29 twin-seaters, along with associated equipment.
Deliveries of the aircraft will commence in 2027-28 and be completed over a six-year period.
The Tejas Mk1A has more than 64% indigenous content and incorporates 67 new items compared to the 2021 contract.
Advanced systems integrated include UTTAM Active Electronically Scanned Array (AESA) Radar, Swayam Raksha Kavach, and indigenous control surface actuators, reinforcing Aatmanirbhar Bharat initiatives.
8) Answer: B
General Anil Chauhan’s tenure as Chief of Defence Staff (CDS) has been extended till May 30, 2026, or until further orders, whichever is earlier.
He has been serving as CDS and Secretary, Department of Military Affairs (DMA) since September 30, 2022.
General Anil Chauhan is the second CDS of India, succeeding General Bipin Rawat.
The extension ensures leadership continuity in implementing defence reforms and theatre commands.
9) Answer: D
Short Explanation:
The Financial Services Institutions Bureau (FSIB) has recommended Rohit Rishi, Executive Director of Bank of Maharashtra, as the next Managing Director (MD) of IIFCL, succeeding P. R. Jaishankar.
Detailed Explanation:
The Financial Services Institutions Bureau (FSIB) has recommended Rohit Rishi, Executive Director of Bank of Maharashtra, as the next Managing Director (MD) of IIFCL, succeeding P. R. Jaishankar.
P. R. Jaishankar completed a five-year tenure and demitted office in May 2025.
FSIB also recommended Manikumar Sivaramakrishnan, CGM at NABARD, as Deputy MD of IFCI Ltd.
India Infrastructure Finance Company Ltd. (IIFCL) was set up in 2006, is a wholly owned Government of India company, and since 2013 is registered with RBI as an NBFC-ND-IFC.
IIFCL has a paid-up capital of ₹9,999.92 crore as of 31 March 2025.
10) Answer: C
Justice Pavankumar Bhimappa Bajanthri took oath as the Chief Justice of Patna High Court on 21 September 2025 at Raj Bhavan, Patna.
The oath was administered by Bihar Governor Arif Mohammad Khan in the presence of Chief Minister Nitish Kumar, Deputy CM Samrat Choudhary, and other dignitaries.
A notification regarding his appointment was issued by the Union Ministry of Law and Justice on 20 September 2025.
11) Answer: B
Short Explanation:
President Irfaan Ali has been re-elected for a second term in Guyana’s general election held on 1 September 2025.
His party, the People’s Progressive Party/Civic (PPP/C), won 36 out of 65 seats in the National Assembly, securing a parliamentary majority and a stronger mandate.
Detailed Explanation:
President Irfaan Ali has been re-elected for a second term in Guyana’s general election held on 1 September 2025.
His party, the People’s Progressive Party/Civic (PPP/C), won 36 out of 65 seats in the National Assembly, securing a parliamentary majority and a stronger mandate.
The newly launched We Invest in Nationhood (WIN) party, led by Azruddin Mohamed, won 16 seats, becoming the main opposition.
The A Partnership for National Unity (APNU) coalition, led by Aubrey Norton, fell to 12 seats, marking a significant decline.
12) Answer: A
- Andhra Pradesh CM N. Chandrababu Naidu, along with Vice-President C.P. Radhakrishnan, inaugurated India’s first Artificial Intelligence-powered Integrated Command and Control Centre (ICCC) at Tirumala on 25 September 2025.
- Located at Vaikuntam Queue Complex–I, the centre integrates 6,000+ AI-enabled cameras, 3D situational maps, live dashboards, and advanced monitoring systems.
- The system processes 3,60,000 payloads per minute, 518 million events, and generates 2.5 billion inferences daily, enabling:
Real-time crowd prediction
Faster queue management
Cyber threat monitoring
Enhanced pilgrim safety
13) Answer: B
Short Explanation:
The Defence Research and Development Organisation (DRDO), in collaboration with the Strategic Forces Command (SFC), successfully launched the Intermediate Range Agni-Prime Missile on 24 September 2025.
The launch was conducted from a Rail-based Mobile Launcher system, a first-of-its-kind capability in India.
The Agni-Prime Missile has a range of up to 2000 km and is equipped with advanced features.
Detailed Explanation:
The Defence Research and Development Organisation (DRDO), in collaboration with the Strategic Forces Command (SFC), successfully launched the Intermediate Range Agni-Prime Missile on 24 September 2025.
The launch was conducted from a Rail-based Mobile Launcher system, a first-of-its-kind capability in India.
The Agni-Prime Missile has a range of up to 2000 km and is equipped with advanced features.
The Rail-based Mobile Launcher can move on the rail network without pre-conditions, provides cross-country mobility, enables short reaction time, and ensures reduced visibility.
The launcher is self-sustained with independent launch capability, state-of-the-art communication systems, and protection mechanisms.
The missile’s trajectory was tracked by multiple ground stations, and the test was a textbook launch meeting all mission objectives.
This success paves the way for futuristic rail-based missile systems to be inducted into service.
14) Answer: B
About Guyana :
Prime Minister :Mark Phillips
Capital :Georgetown
Currency :Guyanese dollar
15) Answer: C
Standard Chartered Bank has partnered with Clearing Corporation of India Limited (CCIL) and International Financial Services Centres Authority (IFSCA) as the sole partner to settle and clear dollar-denominated trades.
The dollar clearing platform will launch on 7 October 2025 at GIFT City, India’s global finance hub in Ahmedabad, Gujarat.
