Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 04th April 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) What is the name of the latest credit card launched by Federal Bank for business customers?
(a) Fed Business Prime
(b) Fed SME Credit
(c) Fed StarBiz
(d) Fed Commercial Plus
(e) Fed Enterprise Card
2) Which regulatory body has allowed investment advisers (IAs) and research analysts (RAs) to charge advance fees for up to one year?
(a) Reserve Bank of India (RBI)
(b) Ministry of Finance
(c) Securities and Exchange Board of India (SEBI)
(d) Insurance Regulatory and Development Authority of India (IRDAI)
(e) National Stock Exchange (NSE)
3) Which credit rating agency upgraded Muthoot Finance Limited’s long-term corporate family rating?
(a) Standard & Poor’s (S&P)
(b) Fitch Ratings
(c) CRISIL
(d) Moody’s Ratings
(e) ICRA
4) Which banks recently revised their fixed deposit (FD) rates ahead of the RBI’s Monetary Policy Committee (MPC) meeting in April 2025?
(a) State Bank of India, ICICI Bank, Axis Bank
(b) HDFC Bank, Yes Bank, Bandhan Bank
(c) Kotak Mahindra Bank, Punjab National Bank, Canara Bank
(d) Union Bank, Bank of Baroda, IDBI Bank
(e) IndusInd Bank, RBL Bank, IDFC First Bank
5) Who inaugurated the 62nd National Maritime Day and Merchant Navy Week in 2024?
(a) Prime Minister Narendra Modi
(b) President Droupadi Murmu
(c) Union Minister of Ports, Shipping & Waterways
(d) Maharashtra Governor C P Radhakrishnan
(e) Chief Minister of Maharashtra
6) Which of the following banks have been designated as corporate agents in GIFT City?
(a) State Bank of India, Axis Bank, ICICI Bank
(b) HDFC Bank, IDFC First Bank, Stock Holding Securities IFSC Ltd
(c) Yes Bank, Bank of Baroda, Union Bank of India
(d) IndusInd Bank, RBL Bank, Kotak Mahindra Bank
(e) Punjab National Bank, Canara Bank, UCO Bank
7) Who was recently conferred with the Uttar Pradesh Anmol Ratan Award?
(a) Rajesh Sharma
(b) Nikhil Singhal
(c) Ramesh Agarwal
(d) Anil Kumar Verma
(e) Pradeep Bhardwaj
8) Who has been appointed as the Managing Director of ECL Finance, effective April 1, 2025?
(a) Sanjay Gupta
(b) Rajiv Mehta
(c) Ajay K Khurana
(d) Pankaj Sharma
(e) Deepak Parekh
9) Which organization has appointed Sohini Rajola as Executive Director – Growth?
(a) Reserve Bank of India (RBI)
(b) Securities and Exchange Board of India (SEBI)
(c) National Payments Corporation of India (NPCI)
(d) State Bank of India (SBI)
(e) Indian Banks’ Association (IBA)
10) Recently, The central government has approved the appointment of Poonam Gupta as the new Deputy Governor (DG) of the Reserve Bank of India (RBI). Gupta’s appointment marks the first female Deputy Governor at RBI in how many years?
(a) 5 years
(b) 10 years
(c) 14 years
(d) 20 years
(e) 25 years
11) Who has been appointed as the new chairman of the Pension Fund Regulatory and Development Authority (PFRDA)?
(a) Deepak Mohanty
(b) S Raman
(c) T Rabi Sankar
(d) Ajay Bhushan Pandey
(e) Poonam Gupta
12) Who has been appointed as the Managing Director (MD) of Chennai Petroleum Corporation Limited (CPCL) in 2025?
(a) Poonam Gupta
(b) S Raman
(c) H Shankar
(d) Deepak Mohanty
(e) Ajay Khurana
13) Which company’s launch vehicle was used to place FireSat in space?
(a) Blue Origin
(b) NASA
(c) SpaceX
(d) ISRO
(e) Roscosmos
14) When was the India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) signed?
(a) April 2, 2021
(b) April 2, 2022
(c) April 2, 2023
(d) April 2, 2024
(e) March 15, 2022
15) Which global technology company is expanding its partnership with Bharti Airtel for 4G/5G network solutions?
(a) Apple
(b) Samsung
(c) Nokia
(d) Ericsson
(e) Huawei
16) Which Indian city performed better than Mumbai in fixed broadband speed rankings as per February 2025 data?
(a) Bengaluru
(b) Chennai
(c) Hyderabad
(d) Delhi
(e) Pune
17) On which date is International Day for Mine Awareness observed annually?
(a) March 4
(b) April 4
(c) May 4
(d) June 4
(e) February 4
18) Who won the 2025 Grand Prix of the Americas?
(a) Marc Marquez
(b) Francesco Bagnaia
(c) Alex Marquez
(d) Fabio Di Giannantonio
(e) Maverick Viñales
19) As per the news, India’s Stellar Performance at the 2025 Senior Asian Wrestling Championship in Jordan. Which wrestling style was highlighted as India’s strength in the tournament?
(a) Greco-Roman
(b) Freestyle
(c) Women’s Wrestling
(d) Submission Wrestling
(e) Judo Wrestling
20) What was the name of the horse that Niharika Singhania rode to victory at the prestigious Azelhof CSI Lier equestrian competition in Belgium?
(a) Sapphire Dream
(b) Hotese Charboniere
(c) Thunderbolt Fire
(d) Royal Charm
(e) Shadow Dancer
Answers :
1) Answer: C
Short Explanation:
Federal Bank has launched its latest credit card product, Fed StarBiz, specifically for business customers.
Designed in collaboration with the National Payments Corporation of India (NPCI) and Visa, this new credit card is designed to meet the distinct financial requirements of India’s dynamic small and medium-sized enterprises (SMEs).
The launch is Federal Bank’s strategic entry into the business and commercial credit card space.
Detailed Explanation:
Federal Bank has launched its latest credit card product, Fed StarBiz, specifically for business customers.
Designed in collaboration with the National Payments Corporation of India (NPCI) and Visa, this new credit card is designed to meet the distinct financial requirements of India’s dynamic small and medium-sized enterprises (SMEs).
The launch is Federal Bank’s strategic entry into the business and commercial credit card space.
Fed StarBiz is specially designed to meet the needs of SME customers, providing functionalities that facilitate better financial management and more convenience.
The card is directly linked to the customer’s Overdraft (OD) or Cash Credit (CC) account, thus providing complete integration with their current financial setup.
2) Answer: C
Short Explanation:
Securities and Exchange Board of India (SEBI) has allowed investment advisers (IAs) and research analysts (RAs) to charge advance fees for up to one year.
Previously, IAs could charge advance fees for up to two quarters, and RAs could charge for only one quarter.
Detailed Explanation:
Securities and Exchange Board of India (SEBI) has allowed investment advisers (IAs) and research analysts (RAs) to charge advance fees for up to one year.
Previously, IAs could charge advance fees for up to two quarters, and RAs could charge for only one quarter.
Clients must agree to the advance fee arrangement for it to be applicable.
The new rules apply only to individual and Hindu Undivided Family (HUF) clients who are not accredited investors.
Non-individual clients, accredited investors, and institutional investors seeking proxy adviser recommendations will follow bilaterally negotiated contractual terms.
The fee-related provisions include fee limits, payment modes, refund policies, advance fees, and breakage fees.
3) Answer: D
Short Explanation:
Moody’s Ratings has upgraded Muthoot Finance Limited’s long-term corporate family rating from Ba2 to Ba1, maintaining a stable outlook.
The upgrade reflects Muthoot’s strong credit profile, leading position, and robust operational controls in the gold financing industry in India.
Detailed Explanation:
Moody’s Ratings has upgraded Muthoot Finance Limited’s long-term corporate family rating from Ba2 to Ba1, maintaining a stable outlook.
The upgrade reflects Muthoot’s strong credit profile, leading position, and robust operational controls in the gold financing industry in India.
Despite fierce competition, Muthoot has maintained strong underwriting standards, leading to steady loan growth and stable asset quality.
Profitability Strength:
Muthoot is the most profitable among Moody’s-rated Indian finance companies.
Net income to average managed assets stood at 4.9% in the nine months ending December 2024.
4) Answer: B
Short Explanation:
The Financial Year (FY) 2025-26 has begun with a downturn for fixed deposit (FD) rates, as HDFC Bank, Yes Bank, and Bandhan Bank have revised their interest rates ahead of the RBI’s Monetary Policy Committee (MPC) meeting scheduled for April 7-9, 2025.
The RBI reduced the repo rate by 0.25% in February 2025.
Further rate cuts are anticipated in the upcoming April MPC meeting.
Detailed Explanation:
The Financial Year (FY) 2025-26 has begun with a downturn for fixed deposit (FD) rates, as HDFC Bank, Yes Bank, and Bandhan Bank have revised their interest rates ahead of the RBI’s Monetary Policy Committee (MPC) meeting scheduled for April 7-9, 2025.
The RBI reduced the repo rate by 0.25% in February 2025.
Further rate cuts are anticipated in the upcoming April MPC meeting.
HDFC Bank (Effective from April 1, 2025)
35-month tenure: Reduced by 35 basis points → Now 7% (previously 7.35%).
55-month tenure: Reduced by 40 basis points → Now 7% (previously 7.4%).
Senior citizens receive 0.5% extra interest.
Applicable for deposits below ₹3 crore.
Yes Bank
12 months to 24 months tenure: Reduced by 0.25% → Now 7.75% (previously 8%).
Bandhan Bank (Effective from April 3, 2025)
Callable bulk deposits above ₹3 crore:
12 months, and 12 months & 1 day to less than 13 months → 8% interest.
Non-callable bulk deposits above ₹3 crore:
Offering up to 8.3% interest.
5) Answer: D
Short Explanation:
The 62nd National Maritime Day and Merchant Navy Week were officially inaugurated by Maharashtra Governor C P Radhakrishnan at Raj Bhavan, Mumbai, on April 5, 2024.
Detailed Explanation:
The 62nd National Maritime Day and Merchant Navy Week were officially inaugurated by Maharashtra Governor C P Radhakrishnan at Raj Bhavan, Mumbai, on April 5, 2024.
The event highlighted the crucial role of India’s maritime sector in achieving the vision of Viksit Bharat (Developed India).
Governor C P Radhakrishnan stressed the need for port modernization and better coordination among maritime and transport authorities to enhance India’s global trade capabilities. He called for an integrated approach between:
6) Answer: B
Short Explanation:
HDFC Bank, IDFC First Bank, and Stock Holding Securities IFSC Ltd have been designated as corporate agents in GIFT City.
They are authorized to sell insurance products alongside their existing financial services.
Detailed Explanation:
HDFC Bank, IDFC First Bank, and Stock Holding Securities IFSC Ltd have been designated as corporate agents in GIFT City.
They are authorized to sell insurance products alongside their existing financial services.
Target Audience: Over 35 million Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) worldwide.
Legal Succession Advantage: Insurance policies purchased in GIFT City follow the Indian Succession Act, avoiding Sharia law-based succession in countries like Dubai.
Convenience: NRIs can buy insurance through their banks, simplifying financial planning.
Dollar-Denominated Policies: Many NRIs prefer insurance products in foreign currency.
7) Answer: B
Short Explanation:
Nikhil Singhal, a distinguished media strategist, Founder of Vigor Media Worldwide, and President of the Noida High Rise Federation, has been conferred with the prestigious Uttar Pradesh Anmol Ratan Award.
Detailed Explanation:
Nikhil Singhal, a distinguished media strategist, Founder of Vigor Media Worldwide, and President of the Noida High Rise Federation, has been conferred with the prestigious Uttar Pradesh Anmol Ratan Award.
The award ceremony, organized by the Tapasya Foundation Trust, took place at the Taj Lucknow.
Chief Guest: Former Uttar Pradesh Chief Minister Shri Akhilesh Yadav presented the award.
Recognition: Awarded for his contributions to the PR industry and leadership in strategic communication.
8) Answer: C
Short Explanation:
ECL Finance, a subsidiary of Edelweiss Group, has appointed Mr. Ajay K Khurana as its Managing Director, effective April 1, 2025.
Detailed Explanation:
ECL Finance, a subsidiary of Edelweiss Group, has appointed Mr. Ajay K Khurana as its Managing Director, effective April 1, 2025.
With over 40 years of experience in banking and financial services, Mr. Khurana brings expertise in consumer banking, risk management, and digital transformation.
He has played key roles in Bank of Baroda, where he helped strengthen its market position, as well as Syndicate Bank and Vijaya Bank, where he led growth and operational improvements.
He has also served on the boards of National Payments Corporation of India (NPCI) and Indo Zambia Bank.
9) Answer: C
Short Explanation:
The National Payments Corporation of India (NPCI) has appointed Sohini Rajola as Executive Director – Growth to strengthen its senior leadership team.
Detailed Explanation:
The National Payments Corporation of India (NPCI) has appointed Sohini Rajola as Executive Director – Growth to strengthen its senior leadership team.
In her new role, Rajola will drive the adoption of NPCI’s payment solutions, focusing on product enhancement, business development, strategic alliances, and innovative marketing initiatives.
She will collaborate with banking institutions, fintech firms, government bodies, and regulatory authorities to further NPCI’s mission of advancing digital payments in India.
Rajola brings over two decades of experience in payments and banking, having previously served as Asia Pacific Regional Head at Western Union.
10) Answer: C
Short Explanation:
The central government has approved the appointment of Poonam Gupta as the new Deputy Governor (DG) of the Reserve Bank of India (RBI), succeeding Michael Patra, who served from January 2020 to 2025.
She is the first female DG at the RBI in nearly 14 years.
Detailed Explanation:
The central government has approved the appointment of Poonam Gupta as the new Deputy Governor (DG) of the Reserve Bank of India (RBI), succeeding Michael Patra, who served from January 2020 to 2025.
She is the first female DG at the RBI in nearly 14 years.
Gupta is only the fourth woman DG in RBI’s history, following KJ Udeshi (2003-2005), Shyamala Gopinath (2004-2009), and Usha Thorat (2005-2010).
The RBI has never had a female governor since its establishment in 1935.
In 2021, Gupta became the first woman to lead the National Council of Applied Economic Research (NCAER), a premier New Delhi-based economic think tank.
She is also a member of the Economic Advisory Council to the Prime Minister.
11) Answer: B
Short Explanation:
S Raman, Deputy Comptroller and Auditor General has been appointed as chairman of pension fund regulator PFRDA by the government.
Raman would replace incumbent Deepak Mohanty, whose term ends in May 2025.
Detailed Explanation:
S Raman, Deputy Comptroller and Auditor General has been appointed as chairman of pension fund regulator PFRDA by the government.
Raman would replace incumbent Deepak Mohanty, whose term ends in May 2025.
The Appointments Committee of the Cabinet (ACC), according to an April 1, 2025 government notification, cleared the appointment of Deputy Comptroller and Auditor General Sivasubramanian Raman as chairman of the Pension Fund Regulatory and Development Authority (PFRDA).
The statement stated that the ACC has approved his appointment for a term of five years or till he attains the age of 65 years.
12) Answer: C
Short Explanation:
H Shankar has been appointed as the Managing Director (MD) of Chennai Petroleum Corporation Limited (CPCL), a subsidiary of Indian Oil Corporation Limited (IOCL).
The Appointments Committee of the Cabinet (ACC) approved his appointment, and he officially assumed the role on April 1, 2025.
Detailed Explanation:
H Shankar has been appointed as the Managing Director (MD) of Chennai Petroleum Corporation Limited (CPCL), a subsidiary of Indian Oil Corporation Limited (IOCL).
The Appointments Committee of the Cabinet (ACC) approved his appointment, and he officially assumed the role on April 1, 2025.
Shankar previously served as the Director (Technical) at CPCL and had been holding additional charge as MD since July 16, 2024.
According to the Department of Personnel & Training (DoPT), his tenure as MD will continue until his superannuation on March 31, 2029, or until further orders.
With over three decades of experience in the petroleum and refining sector, Shankar has played a key role in technological advancements and operational efficiencies at CPCL.
13) Answer: C
Short Explanation:
Google has launched the AI-powered satellite FireSat to address forest fires, providing timely warnings to prevent their spread.
The satellite was placed in space a few days ago aboard a SpaceX launch vehicle.
Detailed Explanation:
Google has launched the AI-powered satellite FireSat to address forest fires, providing timely warnings to prevent their spread.
The satellite was placed in space a few days ago aboard a SpaceX launch vehicle.
Google’s CEO Sundar Pichai thanked Elon Musk’s SpaceX for supporting this major initiative.
FireSat is designed to detect wildfires early and issue alerts every 20 minutes.
It was developed in collaboration with Earth-Fire Alliance, Gordon & Betty Moore Foundation, and Muon Space.
Google.org has allocated $13 million (Rs 108 crore) for the FireSat constellation.
The satellite uses an advanced AI system to analyze historical fire incidents and weather conditions to predict potential wildfire outbreaks.
14) Answer: B
Short Explanation:
The India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) marks its third anniversary, highlighting its impact on strengthening economic ties between the two nations.
Signed on April 2, 2022, the agreement has fostered trade growth, benefiting businesses, entrepreneurs, and employment opportunities.
Detailed Explanation:
The India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) marks its third anniversary, highlighting its impact on strengthening economic ties between the two nations.
Signed on April 2, 2022, the agreement has fostered trade growth, benefiting businesses, entrepreneurs, and employment opportunities.
Since its implementation, bilateral trade reached USD 24 billion in 2023-24, reflecting a 14% rise in India’s exports to Australia compared to 2022-23.
The upward trend continues, with exports increasing by 4.4% during April 2024-February 2025 compared to the same period in the previous year.
The ECTA has facilitated growth in sectors like textiles, pharmaceuticals, chemicals, and agriculture.
15) Answer: C
Short Explanation:
The Nokia-Bharti Airtel partnership is expanding with the deployment of Nokia’s Packet Core appliance-based and Fixed Wireless Access (FWA) solutions to enhance network performance for Airtel’s growing 4G/5G customer base.
Detailed Explanation:
The Nokia-Bharti Airtel partnership is expanding with the deployment of Nokia’s Packet Core appliance-based and Fixed Wireless Access (FWA) solutions to enhance network performance for Airtel’s growing 4G/5G customer base.
This solution will integrate 5G and 4G technologies into a single set of servers, boosting home broadband and enterprise-critical applications.
Airtel will leverage Nokia’s automation framework for zero-touch service launch and efficient lifecycle management, reducing network operational costs while accelerating new service delivery.
16) Answer: D
Short Explanation:
Mumbai ranked 123rd out of 200 cities in fixed broadband speed, making it the lowest-performing Indian city in February 2025, according to Ookla’s Speedtest Global Index.
India’s global rank slipped from 94 to 95 since January 2025. Delhi performed significantly better, ranking 89th.
Detailed Explanation:
Mumbai ranked 123rd out of 200 cities in fixed broadband speed, making it the lowest-performing Indian city in February 2025, according to Ookla’s Speedtest Global Index.
India’s global rank slipped from 94 to 95 since January 2025. Delhi performed significantly better, ranking 89th.
India’s overall download speed has declined from 64.45 Mbps (April 2024) to 61.66 Mbps (Feb 2025).
Upload speed has shown improvement, rising from 54.44 Mbps (Feb 2024) to 57.89 Mbps (Feb 2025).
17) Answer: B
Short Explanation:
International Day for Mine Awareness 2025 is observed all over the world on April 4th, 2025.
The theme for the 2025 observance is “Safe Futures Start Here.”
Detailed Explanation:
International Day for Mine Awareness 2025 is observed all over the world on April 4th, 2025.
The theme for the 2025 observance is “Safe Futures Start Here.”
The day aims to increase awareness about landmines and progress toward their eradication.
“Mine action” refers to a range of efforts to get rid of landmines and explosive remnants of war and to mark and fence off dangerous regions.
18) Answer: B
Short Explanation:
The Grand Prix of the Americas delivered an action-packed race as Francesco Bagnaia secured victory after Marc Marquez crashed out on lap nine.
Detailed Explanation:
The Grand Prix of the Americas delivered an action-packed race as Francesco Bagnaia secured victory after Marc Marquez crashed out on lap nine.
The race, held at the Circuit of the Americas (COTA), witnessed Ducati’s dominance, with Alex Marquez finishing second and Fabio Di Giannantonio securing third place.
The six-time MotoGP champion led from the beginning after excelling in sprints and main races in Thailand, Argentina, and Austin.
19) Answer: B
India concluded its campaign at the 2025 Senior Asian Wrestling Championship in Amman, Jordan, with an impressive 10-medal haul, showcasing its strength in freestyle wrestling.
The tournament highlighted both seasoned champions and emerging talents on the continental stage.
20) Answer: B
Short Explanation:
Indian equestrian athlete, Niharika Singhania, secured first place at the prestigious Azelhof CSI Lier equestrian competition in Belgium.
Horse: Hotese Charboniere (Owned by Sabine Locquet)
Detailed Explanation:
Indian equestrian athlete, Niharika Singhania, secured first place at the prestigious Azelhof CSI Lier equestrian competition in Belgium.
Competing against international riders, she displayed exceptional skill, determination, and composure, bringing pride to India on the global stage.
Competition: Azelhof CSI Lier (CSI2*-1*- YH – LIER – Spring Tour)
Location: Belgium
Dates: March 25 – March 30, 2025
Horse: Hotese Charboniere (Owned by Sabine Locquet)
This post was last modified on April 4, 2025 6:44 pm