Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 16th & 17th March 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 primary objective of the State Bank of India (SBI) in establishing the “Center of Excellence for Project Financing”?
(a) To provide loans exclusively for large infrastructure projects.
(b) To focus on financing new-age industries like AI, e-commerce, and fintech.
(c) To reduce its involvement in project financing and shift to retail banking.
(d) To replace its existing Project Finance & Structuring division entirely.
(e) To prioritize only renewable energy projects and exclude other industries.
2) Which organization awarded RBI the Digital Transformation Award 2025?
(a) World Bank, US
(b) Central Banking in London, UK
(c) International Monetary Fund (IMF),US
(d) Asian Development Bank (ADB), Philippines
(e) Bank for International Settlements (BIS), Switzerland
3) According to NPCI data, which payment app became the fifth-largest UPI player in India?
(a) Paytm
(b) Google Pay
(c) PhonePe
(d) super.money
(e) Cred
4) According to Morgan Stanley, by which year is India expected to become the world’s third-largest economy?
(a) 2028
(b) 2026
(c) 2027
(d) 2029
(e) 2030
5) Which company is promoted by the founders of GoDigit and has received a reinsurer license from IRDAI?
(a) GIC Re
(b) Policybazaar Re
(c) Valueattics Re
(d) Reliance Reinsurance
(e) HDFC Ergo Re
6) Which microfinance institution won two Gold Awards at the SKOCH Awards 2025?
(a) Bandhan Bank
(b) Ujjivan Small Finance Bank
(c) Muthoot Microfin
(d) Jana Small Finance Bank
(e) Equitas Small Finance Bank
7) Which companies have been reaffirmed as Domestic Systemically Important Insurers (D-SIIs) for the fiscal year 2024-25?
(a) HDFC Life, ICICI Lombard, and SBI Life
(b) LIC, The New India Assurance, and GIC Re
(c) Max Life, Tata AIG, and Bajaj Allianz
(d) Reliance General, Aditya Birla Capital, and Kotak Mahindra Life
(e) United India Insurance, Future Generali, and Edelweiss Tokio
8) Where will the first-ever Fit India Carnival be inaugurated?
(a) Indira Gandhi Stadium, New Delhi
(b) Sardar Patel Stadium, Ahmedabad
(c) Jawaharlal Nehru Stadium, New Delhi
(d) Major Dhyan Chand Stadium, Lucknow
(e) Kanteerava Stadium, Bengaluru
9) Where was the Lachit Barphukan Police Academy inaugurated?
(a) Guwahati, Assam
(b) Dergaon, Assam
(c) Dispur, Assam
(d) Shillong, Meghalaya
(e) Tezpur, Assam
10) Who led the Indian delegation at the 353rd ILO Governing Body meeting?
(a) Rajesh Bhushan
(b) Sumita Dawra
(c) Alok Kumar
(d) Nirmala Sitharaman
(e) Sanjeev Sanyal
11) Which ministry has introduced the Sashakt Panchayat-Netri Abhiyan and Model Women-Friendly Gram Panchayats (MWFGP) initiatives?
(a) Ministry of Women and Child Development
(b) Ministry of Rural Development
(c) Ministry of Panchayati Raj
(d) Ministry of Social Justice and Empowerment
(e) Ministry of Home Affairs
12) Which of the following best describes the main challenge that the UN80 Initiative aims to address?
(a) The growing inefficiency and cost burden of the UN
(b) The expansion of UN peacekeeping missions worldwide
(c) The declining number of member states supporting the UN
(d) The lack of participation from developing countries in the UN
(e) The failure of the UN to resolve international conflicts
13) Which two countries will co-chair the 14th ADMM-Plus Experts Working Group (EWG) on Counter-Terrorism?
(a) India and Indonesia
(b) India and Malaysia
(c) India and Vietnam
(d) India and Singapore
(e) India and Thailand
14) Under the Kalaignar Magalir Urimai Thittam, how much monthly financial assistance is provided to eligible women?
(a) ₹500
(b) ₹750
(c) ₹1,000
(d) ₹1,250
(e) ₹1,500
15) What was the percentage decline in UPI transactions in February 2025 compared to the previous month?
(a) 3.5%
(b) 4.1%
(c) 5.2%
(d) 6.8%
(e) 7.4%
16) Which spacecraft successfully delivered four astronauts to the International Space Station (ISS) in the Crew-10 mission?
(a) Soyuz MS-25
(b) Boeing Starliner
(c) SpaceX Dragon
(d) Orion Capsule
(e) Shenzhou-17
17) Which stadium hosted the World Para Athletics Grand Prix 2025?
(a) Eden Gardens
(b) Kanteerava Stadium
(c) Jawaharlal Nehru Stadium
(d) Sardar Patel Stadium
(e) Indira Gandhi Stadium
18) Recently, the Mumbai Indians Clinch Second Women’s Premier League Title in Three Seasons. Which team did Mumbai Indians defeat in the WPL 2025 final?
(a) Royal Challengers Bangalore
(b) Gujarat Giants
(c) UP Warriorz
(d) Delhi Capitals
(e) Sunrisers Hyderabad
19) Former India all-rounder Syed Abid Ali passed away at 83. In which historic Test series victories did Syed Abid Ali play a key role?
(a) India vs Australia, 1969 & 1973
(b) India vs England, 1971 & India vs West Indies, 1971
(c) India vs Pakistan, 1972 & 1974
(d) India vs New Zealand, 1968 & 1972
(e) India vs South Africa, 1970 & 1973
20) When is National Vaccination Day observed in India?
(a) March 10
(b) March 12
(c) March 16
(d) March 20
(e) March 25
Answers :
1) Answer: B
Short Explanation:
State Bank of India (SBI) is establishing a “Center of Excellence for Project Financing” to focus on financing new-age industries such as artificial intelligence (AI), e-commerce, and fintech.
The unit will diversify SBI’s Project Finance and Structuring division, which traditionally funds large infrastructure projects.
Detailed Explanation:
State Bank of India (SBI) is establishing a “Center of Excellence for Project Financing” to focus on financing new-age industries such as artificial intelligence (AI), e-commerce, and fintech.
The unit will diversify SBI’s Project Finance and Structuring division, which traditionally funds large infrastructure projects.
SBI will hire specialized professionals to staff the unit.
An external consultant is being appointed to assist in setting up the unit.
SBI’s project financing increasingly includes new-age industries and renewable energy sectors.
This shift aligns with Prime Minister Narendra Modi’s infrastructure development push.
In the 2024 fiscal year, SBI funded 48 large projects through its Project Finance & Structuring Unit.
The new unit will also share insights with other financial institutions.
SBI aims to complete the project within a year.
2) Answer: B
Short Explanation:
The Reserve Bank of India (RBI) has been selected for the Digital Transformation Award 2025 by Central Banking in London, UK.
The award recognizes RBI’s digital initiatives, Pravaah and Sarthi, developed by its in-house team.
Detailed Explanation:
The Reserve Bank of India (RBI) has been selected for the Digital Transformation Award 2025 by Central Banking in London, UK.
The award recognizes RBI’s digital initiatives, Pravaah and Sarthi, developed by its in-house team.
The awards committee highlighted how these initiatives have reduced paper-based submissions, transforming RBI’s internal and external processes.
Sarthi, launched in January 2023, digitized RBI’s internal workflows, enabling employees to store and share documents securely.
It has improved record management, data analysis, and operational efficiency by automating tasks.
Sarthi allows task tracking, collaboration, and integration with other RBI systems, creating a unified information repository.
Pravaah, launched in May 2024, enables external users to submit regulatory applications digitally to RBI.
3) Answer: D
Short Explanation:
Flipkart Group’s payment app super.money has become the fifth-largest UPI player in India, surpassing Kunal Shah-led Cred, which is now in sixth place, according to NPCI data.
Detailed Explanation:
Flipkart Group’s payment app super.money has become the fifth-largest UPI player in India, surpassing Kunal Shah-led Cred, which is now in sixth place, according to NPCI data.
March 1, 2025, marked a landmark day for UPI, as the daily transaction value crossed ₹1 lakh crore for the first time, reaching ₹1,01,628 crore.
Changes in the UPI pecking order:
In November 2024, Sachin Bansal’s Navi overtook Cred to become the fourth-largest UPI app.
Navi and super.money continued to grow in February, despite a slight decline in transactions for PhonePe due to fewer days in the month.
4) Answer: A
Short Explanation:
India is projected to become the world’s third-largest economy by 2028, surpassing Germany, according to Morgan Stanley.
Detailed Explanation:
India is projected to become the world’s third-largest economy by 2028, surpassing Germany, according to Morgan Stanley.
‘Make in India’ and ‘Digital India’ have turned villages into manufacturing hubs and cities into thriving economic centers.
Infrastructure projects have reshaped landscapes and improved connectivity.
Landmark reforms have attracted global investment.
A young and ambitious workforce is driving progress.
Reforms in taxation, financial inclusion, renewable energy, and technology are shaping India’s future.
5) Answer: C
Short Explanation:
Valueattics Re, promoted by GoDigit founders Kamesh Goyal and Prem Watsa, has received a reinsurer licence from the Insurance Regulatory and Development Authority of India (IRDAI).
Detailed Explanation:
Valueattics Re, promoted by GoDigit founders Kamesh Goyal and Prem Watsa, has received a reinsurer licence from the Insurance Regulatory and Development Authority of India (IRDAI).
It is the first reinsurer licensed exclusively under IRDAI’s revamped framework with an initial paid-up capital of ₹210 crore.
The promoters include Oben Ventures LLP (backed by Kamesh Goyal) and FAL Corporation (supported by Prem Watsa’s Fairfax Financial Holdings).
At present, state-owned General Insurance Corporation of India (GIC Re) is the only domestic reinsurer.
Currently, 12 foreign reinsurance branches (FRBs) are operating in the country, including those of Munich Re, Swiss Re and Lloyd’s of London.
6) Answer: C
Short Explanation:
Muthoot Microfin, a leading microfinance institution empowering women entrepreneurs, has achieved a remarkable milestone by winning two Gold Awards at the SKOCH Awards 2025.
Detailed Explanation:
Muthoot Microfin, a leading microfinance institution empowering women entrepreneurs, has achieved a remarkable milestone by winning two Gold Awards at the SKOCH Awards 2025.
These prestigious honors recognize the company’s outstanding contributions to digital financial inclusion and innovative insurance solutions, further solidifying its leadership in India’s microfinance sector.
The awards were presented to Sadaf Sayeed, CEO of Muthoot Microfin, by Sameer Kochhar, Chairman of SKOCH Group, and Gursharan Dhanjal, Vice-Chairman of SKOCH Group, at a ceremony in New Delhi.
7) Answer: B
Short Explanation:
The Insurance Regulatory and Development Authority of India (IRDAI) has reaffirmed the designation of Life Insurance Corporation of India (LIC), The New India Assurance Company, and General Insurance Corporation of India (GIC Re) as Domestic Systemically Important Insurers (D-SIIs) for the fiscal year 2024-25.
Detailed Explanation:
The Insurance Regulatory and Development Authority of India (IRDAI) has reaffirmed the designation of Life Insurance Corporation of India (LIC), The New India Assurance Company, and General Insurance Corporation of India (GIC Re) as Domestic Systemically Important Insurers (D-SIIs) for the fiscal year 2024-25.
This classification underscores their critical role in maintaining the stability of India’s financial system.
Understanding D-SIIs: Domestic Systemically Important Insurers are entities whose failure or financial distress could significantly disrupt the domestic financial system due to their substantial size, market significance, and interconnectedness with other financial institutions.
8) Answer: C
Short Explanation:
The first-ever Fit India Carnival will be inaugurated at Jawaharlal Nehru (JLN) Stadium, New Delhi.
The event, aligned with the Fit India Movement, is a three-day fitness and wellness festival aimed at promoting a healthy and active lifestyle.
Detailed Explanation:
The first-ever Fit India Carnival will be inaugurated at Jawaharlal Nehru (JLN) Stadium, New Delhi.
The event, aligned with the Fit India Movement, is a three-day fitness and wellness festival aimed at promoting a healthy and active lifestyle.
Inauguration & Special Guests
Chief Guests:
Dr. Mansukh Mandaviya – Union Minister for Youth Affairs & Sports.
Smt. Raksha Khadse – Minister of State for Youth Affairs & Sports.
Special Guests:
Ayushmann Khurrana – Bollywood actor.
Sangram Singh – Wrestler & fitness enthusiast.
Mickey Mehta – Wellness guru.
Major Announcements & Unveilings
Launch of Mascot, Logo, and Anthem for the Khelo India Para Games (Scheduled: March 20-27, 2025).
9) Answer: B
Short Explanation:
Union Home Minister and Minister of Cooperation Shri Amit Shah inaugurated the Lachit Barphukan Police Academy in Dergaon, Assam.
The event was attended by Assam Chief Minister Dr. Himanta Biswa Sarma, Union Minister Sarbananda Sonowal, and other dignitaries.
Detailed Explanation:
Union Home Minister and Minister of Cooperation Shri Amit Shah inaugurated the Lachit Barphukan Police Academy in Dergaon, Assam.
The event was attended by Assam Chief Minister Dr. Himanta Biswa Sarma, Union Minister Sarbananda Sonowal, and other dignitaries.
Named after Assam’s legendary warrior who led the victory against the Mughals.
Significance: Aims to be the top police training academy in India in the next five years.
Total Project Cost: ₹1,050 crore (First phase completed at ₹167 crore).
Equipped with modern training facilities to enhance law enforcement skills.
10) Answer: B
Short Explanation:
The 353rd Governing Body meeting of the International Labour Organisation (ILO) is being held in Geneva, Switzerland, from March 10 to March 20, 2025.
The Indian delegation, led by Ms. Sumita Dawra, Secretary, Ministry of Labour and Employment, actively participated in discussions, highlighting India’s achievements and perspectives in promoting labour welfare, social justice, and employment generation.
Detailed Explanation:
The 353rd Governing Body meeting of the International Labour Organisation (ILO) is being held in Geneva, Switzerland, from March 10 to March 20, 2025.
The Indian delegation, led by Ms. Sumita Dawra, Secretary, Ministry of Labour and Employment, actively participated in discussions, highlighting India’s achievements and perspectives in promoting labour welfare, social justice, and employment generation.
The meeting brings together representatives from governments, workers, and employers to discuss key issues related to labour and employment policies.
India extended support for the UN-led Second World Summit for Social Development in Doha, Qatar, emphasizing its role in reinforcing the social dimension of the 2030 Agenda.
India has doubled its social protection coverage to 48.8%, exceeding the global average by 5%.
11) Answer: C
Short Explanation:
The Ministry of Panchayati Raj has introduced two major initiatives—Sashakt Panchayat-Netri Abhiyan and Model Women-Friendly Gram Panchayats (MWFGP)—to promote gender-sensitive governance and strengthen the role of Women Elected Representatives (WERs) in Panchayati Raj Institutions (PRIs).
Detailed Explanation:
The Ministry of Panchayati Raj has introduced two major initiatives—Sashakt Panchayat-Netri Abhiyan and Model Women-Friendly Gram Panchayats (MWFGP)—to promote gender-sensitive governance and strengthen the role of Women Elected Representatives (WERs) in Panchayati Raj Institutions (PRIs).
A nationwide capacity-building initiative for WERs in PRIs.
Objective: Strengthen leadership skills, decision-making abilities, and ensure active participation in rural governance.
Focus: Eliminating the “Mukhiya Pati” or “Sarpanch Pati” culture, ensuring that women representatives exercise authority independently.
12) Answer: A
Short Explanation:
United Nations Secretary-General Antonio Guterres has introduced the ‘UN80 Initiative’ to improve efficiency and make the 80-year-old global organization more cost-effective.
Detailed Explanation:
United Nations Secretary-General Antonio Guterres has introduced the ‘UN80 Initiative’ to improve efficiency and make the 80-year-old global organization more cost-effective.
Identifying operational improvements to enhance the UN’s effectiveness.
Reviewing mandate implementation given by member states, which has grown significantly.
Conducting a strategic review for deeper structural changes and program realignment.
Guterres highlighted a shrinking resource pool and an ongoing liquidity crisis, as some member states do not pay on time or in full.
13) Answer: B
Short Explanation:
India and Malaysia will co-chair the 14th ASEAN Defence Ministers’ Meeting-Plus (ADMM-Plus) Experts Working Group (EWG) on Counter-Terrorism, which will be held in New Delhi from March 19 to 20, 2025.
This marks the first time India is leading the Counter-Terrorism EWG.
Defence Secretary Rajesh Kumar Singh will deliver the keynote address during the opening ceremony on March 19, 2025.
Detailed Explanation:
India and Malaysia will co-chair the 14th ASEAN Defence Ministers’ Meeting-Plus (ADMM-Plus) Experts Working Group (EWG) on Counter-Terrorism, which will be held in New Delhi from March 19 to 20, 2025.
This marks the first time India is leading the Counter-Terrorism EWG.
Defence Secretary Rajesh Kumar Singh will deliver the keynote address during the opening ceremony on March 19, 2025.
Delegations from 10 ASEAN member countries—Brunei, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Vietnam, Singapore, and Thailand—along with eight dialogue partners—Australia, New Zealand, South Korea, Japan, China, the USA, and Russia—will participate.
Timor Leste and the ASEAN Secretariat will also be present.
The meeting will launch the 2024-2027 cycle of activities under the Counter-Terrorism EWG.
14) Answer: C
Short Explanation:
Tamil Nadu Chief Minister M K Stalin-led DMK government presented the Budget 2025-26 in the Assembly, making major allocations for welfare schemes, including the fare-free bus travel scheme for women.
Finance Minister Thangam Thenarasu highlighted that 65% of women now use free bus services, saving an average of ₹888 per month.
Under the “Kalaignar Magalir Urimai Thittam,” ₹1,000 monthly assistance will continue for 1.15 crore women, with ₹13,807 crore allocated.
Detailed Explanation:
Tamil Nadu Chief Minister M K Stalin-led DMK government presented the Budget 2025-26 in the Assembly, making major allocations for welfare schemes, including the fare-free bus travel scheme for women.
Finance Minister Thangam Thenarasu highlighted that 65% of women now use free bus services, saving an average of ₹888 per month.
The government allocated ₹3,600 crore for the scheme.
Under the “Kalaignar Magalir Urimai Thittam,” ₹1,000 monthly assistance will continue for 1.15 crore women, with ₹13,807 crore allocated.
Ten more ‘Thozhi’ hostels will be set up for working women at ₹77 crore.
A new airport is planned at Parandur near Chennai.
20 lakh college students receive a tablet or laptop over two years.
1% less stamp duty on property up to ₹10 lakh registered in a woman’s name from April 1, 2025.
15) Answer: C
Short Explanation:
The Unified Payments Interface (UPI) recorded 16.11 billion transactions in February 2025, marking a 5.2% decline from the previous month.
Detailed Explanation:
The Unified Payments Interface (UPI) recorded 16.11 billion transactions in February 2025, marking a 5.2% decline from the previous month.
Despite the decrease, PhonePe, Google Pay, and Paytm continued to dominate the market, while Flipkart’s Super.money entered the top five UPI apps, replacing CRED.
Apart from consumer-centric apps, banks and financial institutions also contributed significantly to UPI transactions:
Axis Bank Apps: 100.15 million transactions | ₹4,638.45 crore
Amazon Pay: 93.31 million transactions | ₹9,077.30 crore
16) Answer: C
Short Explanation:
A SpaceX Dragon capsule successfully delivered four astronauts to the International Space Station (ISS), allowing Butch Wilmore and Suni Williams to finally return home after an unplanned nine-month stay.
Detailed Explanation:
A SpaceX Dragon capsule successfully delivered four astronauts to the International Space Station (ISS), allowing Butch Wilmore and Suni Williams to finally return home after an unplanned nine-month stay.
The Dragon spacecraft docked at the ISS at 4:04 AM UK time, 29 hours after launch from NASA’s Kennedy Space Center.
NASA’s Anne McClain, Nichole Ayers, Japan’s Takuya Onishi, and Russia’s Kirill Peskov will replace the Crew-9 astronauts and stay for six months.
Crew-10 was greeted with hugs and handshakes after completing additional safety checks before entering the station.
17) Answer: C
Short Explanation:
India emerged as the champion at the World Para Athletics Grand Prix 2025, held in New Delhi, winning a total of 134 medals.
This included 45 gold, 40 silver, and 49 bronze medals, marking a historic achievement in India’s para-sports history.
The event, hosted at Jawaharlal Nehru Stadium, was India’s first international para-athletics event, which will now be held annually until 2028.
Detailed Explanation:
India emerged as the champion at the World Para Athletics Grand Prix 2025, held in New Delhi, winning a total of 134 medals.
This included 45 gold, 40 silver, and 49 bronze medals, marking a historic achievement in India’s para-sports history.
The event, hosted at Jawaharlal Nehru Stadium, was India’s first international para-athletics event, which will now be held annually until 2028.
This stellar performance highlights India’s growing dominance in para-athletics, reinforcing its commitment to inclusivity and excellence in sports.
First international para-athletics event hosted by India.
Will be an annual event till 2028.
Recognized as a major milestone in India’s para-sports development.
18) Answer: D
Short Explanation:
Mumbai Indians (MI) secured their second Women’s Premier League (WPL) title in three seasons, defeating Delhi Capitals (DC) by 8 runs in a thrilling WPL 2025 final at Brabourne Stadium, Mumbai.
Detailed Explanation:
Mumbai Indians (MI) secured their second Women’s Premier League (WPL) title in three seasons, defeating Delhi Capitals (DC) by 8 runs in a thrilling WPL 2025 final at Brabourne Stadium, Mumbai.
Mumbai Indians: 149/7 in 20 overs
Delhi Capitals: 141 all out in 19.3 overs
MI Captain Harmanpreet Kaur played a match-winning knock of 66 off 44 balls to guide her team to victory.
Player of the Match: Harmanpreet Kaur (MI)
Player of the Series: Nat Sciver-Brunt (MI)
19) Answer: B
Short Explanation:
Former India all-rounder Syed Abid Ali passed away on 12 March 2025 at the age of 83 in Tracy, California.
He played a pivotal role in India’s historic Test series wins in England and the West Indies in 1971.
Detailed Explanation:
Former India all-rounder Syed Abid Ali passed away on 12 March 2025 at the age of 83 in Tracy, California.
He represented India in 29 Test matches (1967-1974) and 5 ODIs.
Known for his all-round abilities, including batting, bowling, and exceptional fielding.
He played a pivotal role in India’s historic Test series wins in England and the West Indies in 1971.
His versatile skills and lionhearted attitude made him a respected figure in Indian cricket.
BCCI President Roger Binny described him as a magnificent all-rounder who played a key role in India’s success in the 1970s.
20) Answer: C
Short Explanation:
National Vaccination Day, also known as National Immunisation Day, is observed annually on March 16 to highlight the importance of vaccination in public health.
First observed in 1995, marking the administration of India’s first Oral Polio Vaccine (OPV).
Detailed Explanation:
National Vaccination Day, also known as National Immunisation Day, is observed annually on March 16 to highlight the importance of vaccination in public health.
First observed in 1995, marking the administration of India’s first Oral Polio Vaccine (OPV).
The day commemorates the success of the Pulse Polio Campaign, launched by the Government of India to eradicate polio.
Under this program, two drops of the oral polio vaccine were given to children aged 0 to 5 years.
Due to sustained immunization efforts, India was declared polio-free in 2014 by the
This post was last modified on March 18, 2025 4:12 pm
