Daily Current Affairs Quiz – 27th March 2025

Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 27th 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.

Start Quiz

1) Recently, the Regional Rural Banks achieved a record ₹7,571 crore profit in FY 2023-24: Ministry of Finance Report. What was the Total Balance Sheet Size of Regional Rural Banks (RRBs) in FY 2023-24?

(a) ₹7,04,556 crore

(b) ₹8,40,080 crore

(d) ₹7,89,210 crore

(e) ₹8,10,500 crore

2) When was the Gold Monetisation Scheme (GMS) announced?

(a) 1st January 2016

(b) 15th September 2015

(d) 10th November 2017

(e) 5th August 2013

3) How much has the State Bank of India (SBI) raised through the largest dollar-denominated syndicated loan from India in 2025?

(a) $500 million

(b) $750 million

(d) $1.5 billion

(e) $2 billion

4) What is the primary objective of launching BHIM 3.0?

(a) Increase cash transactions

(b) Promote cryptocurrency transactions

(d) Replace all other UPI apps

(e) Introduce a new physical debit card

5) When was the last Financial Sector Assessment Program (FSAP) for India conducted before 2024?

(a) 2017

(b) 2015

(d) 2019

(e) 2020

6) What makes Baroda mDigiNext unique in the Indian banking sector?

(a) It is the first AI-based banking chatbot.

(b) It is a dedicated cash management solution for businesses.

(d) It enables cryptocurrency transactions.

(e) It is a collaboration between Bank of Baroda and NPCI.

7) As of February 28, 2025, how many Jan Aushadhi Kendras (JAKs) have been established across India under the Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP)?

(a) 12,500

(b) 14,000

(d) 16,200

(e) 18,000

8) Which country’s president announced its decision to join the New Development Bank (NDB) in January 2025?

(a) Malaysia

(b) Indonesia

(d) Vietnam

(e) Philippines

9) An Indian-origin British author Rana Dasgupta won the 2025 Windham-Campbell Prize in which category?

(a) Fiction

(b) Poetry

(d) Non-fiction

(e) Short Stories

10) Which telecom company signed an MoU with the West Bengal State Export Promotion Society (WBSEPS) to support MSMEs in their digital journey?

(a) Reliance Jio

(b) Bharti Airtel

(d) BSNL

(e) MTNL

11) Who represented India in key discussions and bilateral meetings in Singapore to enhance maritime cooperation?

(a) Nitin Gadkari

(b) Sarbananda Sonowal

(d) Hardeep Singh Puri

(e) S. Jaishankar

12) Which state is set to become the second in India to implement the Uniform Civil Code (UCC) after Uttarakhand?

(a) Maharashtra

(b) Gujarat

(d) Rajasthan

(e) Karnataka

13) Who has been re-elected as the head of the BRICS New Development Bank (NDB)?

(a) Luiz Inácio Lula da Silva

(b) Dilma Rousseff

(d) Vladimir Putin

(e) Pravin Gordhan

14) Who has been appointed as the new India country executive for Bank of America?

(a) Kaku Nakhate

(b) Vikram Sahu

(d) Aditya Puri

(e) Shikha Sharma

15) As per the Competition Commission of India Approves Cube Highways’ Strategic Infrastructure Acquisitions. Which of the following expressways is included in the acquisition?

(a) Mumbai-Pune Expressway

(b) Yamuna Expressway

(d) Eastern Peripheral Expressway

(e) Hyderabad Outer Ring Road

16) Which company is acquiring the 11 road SPVs from Ashoka Concessions Limited and Ashoka Buildcon Limited?

(a) L&T Infrastructure Development Projects Ltd

(b) Epic Concesiones 2 Private Limited (EC2PL)

(d) IRB Infrastructure Developers

(e) Adani Roads Limited

17) Who received the first copy of the book ‘Leo — The Untold Story of CSK’?

(a) MS Dhoni

(b) Anirudh Ravichander

(d) Brijesh Patel

(e) WV Raman

18) In which weight category did Sunil Kumar win a bronze medal at the 2025 Senior Asian Wrestling Championship?

(a) 57kg

(b) 65kg

(d) 87kg

(e) 97kg

19) Who has been appointed as the head coach of Kerala Blasters FC until 2026?

(a) Albert Roca

(b) Sergio Lobera

(d) Juan Ferrando

(e) Carles Cuadrat

20) On 27th March, World Theatre Day 2025 is celebrated worldwide. What is the anticipated theme for World Theatre Day 2025?

(a) “Theatre for Social Change”

(b) “Theatre and a Culture of Peace”

(d) “Drama and Global Unity”

(e) “Acting for a Better Future”

Answers :

1) Answer: B

Short Explanation:

The Government is reviewing the financial performance of Regional Rural Banks (RRBs) at national and regional levels.

Total Balance Sheet Size increased from ₹7,04,556 crore (FY 2021-22) to ₹8,40,080 crore (FY 2023-24).

Detailed Explanation:

The Government is reviewing the financial performance of Regional Rural Banks (RRBs) at national and regional levels.

The agenda items for review meetings include:

Financial performance and technology upgradation of RRBs.

Focus on the MSME portfolio.

Loan diversification towards Agri-allied, MSME, and Retail Sectors.

The financial health of RRBs has improved, with record net profit of ₹7,571 crore in FY 2023-24.

Key financial parameters have shown consistent improvement:

Total Balance Sheet Size increased from ₹7,04,556 crore (FY 2021-22) to ₹8,40,080 crore (FY 2023-24).

2) Answer: B

Short Explanation:

The Gold Monetisation Scheme (GMS) was announced on 15^th September, 2015 with the objective to reduce country’s reliance on the import of gold in the long run and mobilise gold held by households and institutions in the country to facilitate its use for productive purposes.

Detailed Explanation:

The GMS comprised 3 components:

Short-Term Bank Deposit (STBD) (1-3 years).

Medium-Term Government Deposit (MTGD) (5-7 years).

Long-Term Government Deposit (LTGD) (12-15 years).

Effective from March 26, 2025, the Medium-Term (MTGD) and Long-Term (LTGD) deposits will be discontinued.

Gold deposits at Collection and Purity Testing Centres (CPTC), GMS Mobilisation Agents (GMCTA), or designated bank branches will not be accepted after this date.

Existing deposits under MTGD & LTGD will continue till redemption as per RBI’s Master Direction No. DBR.IBD.No.45/23.67.003/2015-16 dated October 22, 2015

Short-Term Bank Deposits (STBD) will remain operational at the discretion of individual banks, based on their commercial viability.

3) Answer: C

Short Explanation:

State Bank of India (SBI) has raised $1 billion through the largest dollar-denominated syndicated loan from India this year.

The bank opted not to exercise a $250 million greenshoe option that could have expanded the five-year loan facility.

Detailed Explanation:

State Bank of India (SBI) has raised $1 billion through the largest dollar-denominated syndicated loan from India this year.

The bank opted not to exercise a $250 million greenshoe option that could have expanded the five-year loan facility.

Foreign-currency loans by Indian issuers have declined by 30% in 2025, amounting to $3.2 billion, a four-year low (IndexBox).

Reliance Industries Ltd. is currently seeking a loan of up to $3 billion, which may reverse this trend.

Shadow banks (NBFCs) are increasingly turning to dollar-denominated loans due to tighter domestic regulations.

4) Answer: C

Short Explanation:

NPCI BHIM Services Limited (NBSL), a wholly-owned subsidiary of NPCI, has announced the launch of BHIM 3.0, the latest version of the Bharat Interface for Money (BHIM) app.

This upgrade will be fully rolled out by April 2025, introducing new features to enhance digital transactions and financial management.

Detailed Explanation:

NPCI BHIM Services Limited (NBSL), a wholly-owned subsidiary of NPCI, has announced the launch of BHIM 3.0, the latest version of the Bharat Interface for Money (BHIM) app.

This upgrade will be fully rolled out by April 2025, introducing new features to enhance digital transactions and financial management.

BHIM 3.0 will support more than 15 Indian languages, making digital payments accessible to a wider audience.

It is optimized to function smoothly even on weak or unstable internet connections.

5) Answer: A

Short Explanation:

The Financial Sector Assessment Program (FSAP), a joint initiative of the International Monetary Fund (IMF) and the World Bank (WB), conducts a comprehensive analysis of a country’s financial sector.

The last FSAP for India was conducted in 2017, and the Financial System Stability Assessment (FSSA) report was published on December 21, 2017.

Detailed Explanation:

Since September 2010, the assessment has been mandatory for 32 jurisdictions, including India, every five years.

The last FSAP for India was conducted in 2017, and the Financial System Stability Assessment (FSSA) report was published on December 21, 2017.

The IMF released the latest India-FSSA report on February 28, 2025, based on the assessment carried out in 2024, while the WB’s Financial Sector Assessment (FSA) report is yet to be published.

India welcomes the IMF-World Bank assessment, which conforms to international standards.

6) Answer: B

Short Explanation:

Bank of Baroda, a top-tier public sector bank in India, has introduced its latest innovation—the Baroda mDigiNext mobile application.

The Baroda mDigiNext app leverages cutting-edge technology to streamline cash management workflows for businesses.

Detailed Explanation:

Bank of Baroda, a top-tier public sector bank in India, has introduced its latest innovation—the Baroda mDigiNext mobile application.

This specialized app is designed exclusively for corporate clients utilizing the bank’s Baroda Cash Management Services (BCMS), making Bank of Baroda one of the few banks in India to offer a dedicated cash management solution for businesses.

Seamless, Anytime-Anywhere Financial Control

The Baroda mDigiNext app leverages cutting-edge technology to streamline cash management workflows for businesses.

It provides 24/7 access to powerful financial tools, enabling quick, data-driven decision-making on the move.

7) Answer: C

Short Explanation:

Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) has expanded to 15,057 Jan Aushadhi Kendras (JAKs) across India as of February 28, 2025.

Detailed Explanation:

Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) has expanded to 15,057 Jan Aushadhi Kendras (JAKs) across India as of February 28, 2025.

The initiative provides affordable generic medicines, ensuring lower-cost healthcare for the public.

One central warehouse in Gurugram and four regional warehouses in Bengaluru, Guwahati, Chennai, and Surat.

36 distributors across the country to maintain a steady medicine supply.

400 fast-moving products are closely tracked to keep JAKs well-stocked.

200 essential medicines have a minimum stocking mandate, including the top 100 best-selling and 100 fast-selling medicines.

8) Answer: B

Short Explanation:

Indonesia’s president Mr Prabowo Subianto announced that his country will join the New Development Bank (NDB), a multilateral bank developed by member nations of the economic bloc BRICS.

Detailed Explanation:

Indonesia’s president Mr Prabowo Subianto announced that his country will join the New Development Bank (NDB), a multilateral bank developed by member nations of the economic bloc BRICS.

The NDB is a multilateral development bank established in 2014 by BRICS, a grouping founded by Brazil, Russia, India, China, and South Africa, with Indonesia joining this January 2025.

The BRICS group also includes Brazil, Russia, South Africa, China, India, Egypt, Ethiopia, Iran and the United Arab Emirates.

9) Answer: D

Short Explanation:

Indian-origin British author Rana Dasgupta won the 2025 Windham-Campbell Prize in the non-fiction category.

Detailed Explanation:

Indian-origin British author Rana Dasgupta won the 2025 Windham-Campbell Prize in the non-fiction category.

The award will be presented during an international literary festival at Yale later this year.

Awarded for his 2014 book “Capital: A Portrait of Twenty-First Century Delhi”.

Prize Amount: $175,000, administered by Yale University.

About the Book:

Capital explores Delhi’s transformation amid globalisation and economic liberalisation.

10) Answer: C

Short Explanation:

Vodafone Idea (Vi) signed an MoU with the West Bengal State Export Promotion Society (WBSEPS) to support MSMEs in their digital journey.

Detailed Explanation:

Vodafone Idea (Vi) signed an MoU with the West Bengal State Export Promotion Society (WBSEPS) to support MSMEs in their digital journey.

Objective: Accelerate digital adoption among MSMEs in West Bengal, benefiting over 10 million people employed in the sector.

This collaboration is expected to enhance MSME competitiveness, drive economic growth, and improve digital literacy in the state.

11) Answer: B

Short Explanation:

India and Singapore signed a letter of intent (LoI) for a green and digital shipping corridor (GDSC) during the Singapore Maritime Week (SMW) in Delhi.

Union minister Sarbananda Sonowal led key discussions and bilateral meetings in Singapore to enhance maritime cooperation.

Detailed Explanation:

India and Singapore signed a letter of intent (LoI) for a green and digital shipping corridor (GDSC) during the Singapore Maritime Week (SMW) in Delhi.

Union minister Sarbananda Sonowal led key discussions and bilateral meetings in Singapore to enhance maritime cooperation.

The LoI was signed by R. Lakshmanan (MOPSW, India) and Teo Eng Dih (Maritime and Port Authority, Singapore) to collaborate on maritime digitalisation and decarbonisation.

This partnership aims to accelerate low-emission technologies and digital innovations in the shipping sector, promoting sustainability and efficiency.

12) Answer: B

Short Explanation:

Gujarat is set to become the second state in India to implement the Uniform Civil Code (UCC) after Uttarakhand.

Detailed Explanation:

Gujarat is set to become the second state in India to implement the Uniform Civil Code (UCC) after Uttarakhand.

State Law Minister Rushikesh Patel made this announcement in the state assembly, marking a significant legal reform aimed at ensuring equal justice for all citizens.

The decision to introduce the UCC aligns with the vision of ‘Ek Bharat, Shreshtha Bharat’ and reflects the state’s commitment to uniformity in civil laws.

To facilitate the process, the Gujarat government has established a high-level committee chaired by former Supreme Court judge Justice Ranjana Desai.

The committee has been tasked with evaluating and drafting a comprehensive Uniform Civil Code for the state.

13) Answer: B

Short Explanation:

Brazilian ex-President Dilma Rousseff has been re-elected to serve another term as the head of the BRICS New Development Bank (NDB), a position she first assumed in March 2023.

Detailed Explanation:

Brazilian ex-President Dilma Rousseff has been re-elected to serve another term as the head of the BRICS New Development Bank (NDB), a position she first assumed in March 2023.

Her new term is set to last for five years.

Rousseff, who served as Brazil’s president from 2011 to 2016, has continued her leadership role in the international financial institution, focusing on development projects in BRICS nations and beyond.

The BRICS New Development Bank (NDB) was established in 2014 by the BRICS countries—Brazil, Russia, India, China, and South Africa—as a multilateral development bank aimed at supporting infrastructure and sustainable development projects in emerging economies.

14) Answer: B

Short Explanation:

Vikram Sahu, who is currently heading global equity research for Bank of America in New York, is set to succeed Kaku Nakhate as the US-based bank’s India country executive.

Detailed Explanation:

Vikram Sahu, who is currently heading global equity research for Bank of America in New York, is set to succeed Kaku Nakhate as the US-based bank’s India country executive.

Nakhate has been leading the bank’s India operations as country executive and CEO for the past 15 years.

Nakhate will continue as the CEO of Bank of America NA and will focus on the development of senior current and future client relationships across India.

He is set to superannuate in 2026.

Sahu’s appointment as CEO of Bank of America NA will be subject to Reserve Bank of India (RBI) approval.

15) Answer: C

Short Explanation:

The Competition Commission of India has approved acquisition of Athaang Devanahalli Tollway Private Limited, Athaang Jammu Udhampur Highway Private Limited and Quazigund Expressway Private Limited by Cube Highways Trust and Cube Highways and Infrastructure V Pte. Ltd.

Detailed Explanation:

The Proposed Combination envisages:

acquisition of 100% shareholding of Athaang Devanahalli Tollway Private Limited (ADTPL) by Cube Highways and Infrastructure V Pte. Ltd. (Cube V); and

acquisition of 100% shareholding of (i) Athaang Jammu Udhampur Highway Private Limited (AJUHPL), and (ii) Quazigund Expressway Private Limited (QEPL) by Cube Highways Trust (Cube Trust).

(Hereinafter ADTPL, AJUHPL and QEPL are collectively referred to as the ‘Targets’)

16) Answer: B

Short Explanation:

The Competition Commission of India (CCI) has approved the acquisition of 100% equity shareholding in 11 road special purpose vehicles (SPVs) owned by Ashoka Concessions Limited (ACL) and Ashoka Buildcon Limited (ABL) by Epic Concesiones 2 Private Limited (EC2PL).

Detailed Explanation:

The Proposed Combination involves EC2PL acquiring full equity shareholding in the 11 road SPVs from ACL and ABL (Proposed Equity Transaction).

EC2PL is a private limited company engaged in owning and operating infrastructure projects.

EC2PL is owned by Infrastructure Yield Plus II (IYP II) and Infrastructure Yield Plus IIA (IYP IIA), which are schemes of the Infrastructure Yield Trust, an irrevocable and determinate contributory investment trust under the Indian Trusts Act, 1882.

17) Answer: B

Short Explanation:

PS Raman’s book ‘Leo — The Untold Story of CSK’ was launched at a city hotel, with MS Dhoni, Stephen Fleming, and Mike Hussey attending the event.

CD Gopinath, the oldest surviving Test cricketer in India, unveiled the book and presented the first copy to Anirudh Ravichander.

Detailed Explanation:

PS Raman’s book ‘Leo — The Untold Story of CSK’ was launched at a city hotel, with MS Dhoni, Stephen Fleming, and Mike Hussey attending the event.

CD Gopinath, the oldest surviving Test cricketer in India, unveiled the book and presented the first copy to Anirudh Ravichander.

Former cricketers K Srikkanth, Brijesh Patel, WV Raman, and S Badrinath were also present.

Gopinath spoke about the evolution of cricket from its English origins and praised Dhoni for his leadership and impact on and off the field.

18) Answer: D

Short Explanation:

Sunil Kumar secured India’s first medal at the 2025 Senior Asian Wrestling Championship in Amman, Jordan, by winning bronze in the 87kg Greco-Roman category.

Detailed Explanation:

Sunil Kumar secured India’s first medal at the 2025 Senior Asian Wrestling Championship in Amman, Jordan, by winning bronze in the 87kg Greco-Roman category.

He defeated China’s Jiaxin Huang 3-1 in the bronze medal match.

Sunil began his campaign with a dominant 10-1 win over Tajikistan’s Sukhrob AbdulKhaev but lost 3-1 to Iran’s Yasin Ali Yazdi in the semifinals.

19) Answer: C

Short Explanation:

David Català, a former Spanish footballer, has been appointed as Kerala Blasters FC’s head coach until 2026.

Detailed Explanation:

David Català, a former Spanish footballer, has been appointed as Kerala Blasters FC’s head coach until 2026.

The Spanish tactician, known for his modern football approach and extensive European experience, will assume his responsibilities immediately.

Catala has managed A.E.K. Larnaca and Apollon Limassol in Cyprus, NK Istra 1961 in Croatia, and CE Sabadell in Spain.

As a former central defender, he played over 500 professional matches in Spain and Cyprus before transitioning into management.

20) Answer: B

World Theatre Day 2025 is celebrated on 27th March worldwide, marking its 60th anniversary since its initiation in 1962 by the International Theatre Institute (ITI).

This day highlights the importance of theatre arts in entertainment, education, and cultural impact.

Theme: While ITI does not officially designate a theme each year, the anticipated theme for 2025 is “Theatre and a Culture of Peace.”

This post was last modified on March 28, 2025 1:32 pm

4 days ago

Daily Current Affairs Quiz – 27th March 2025

Related Post