🧠 10 Important MCQs for Competitive Exams Which bilateral naval exercise between India and the UK commenced on 5 October 2025?a) VARUNA b) MALABAR c) KONKAN d) INDRAAnswer: ✅ c) KONKAN Who criticised the U.S. tariffs on Indian oil imports as ‘unfair’ on 5 October 2025?a) Nirmala Sitharaman b) S. Jaishankar c) Narendra Modi d) Ajit DovalAnswer: ✅ b) S. Jaishankar…
1. National News & Affairs India–UK Exercise KONKAN-2025 begins The bilateral naval exercise between India and the UK commenced off the western coast of India. It will run from 5 to 12 October 2025. Activities include anti-air, anti-surface, anti-submarine warfare drills, flying operations, and professional interactions. India is deploying INS Vikrant and other ships; the…
Quiz Questions From which date has the RBI introduced real-time cheque clearing in India?A. 01 Oct 2025B. 04 Oct 2025C. 05 Oct 2025D. 01 Nov 2025✅ Answer: B. 04 Oct 2025 What is the deadline for banks to confirm cheque authenticity in Phase 1 of the new system?A. By 5 PMB. By 3 PMC. By…
1. Banking & Financial Reforms From 4 October 2025, the Reserve Bank of India (RBI) introduces a real-time cheque clearing mechanism. Cheques will now be cleared within hours (10:00 AM to 4:00 PM) via continuous settlement, replacing the batch-based system which used to take 1–2 business days. Banks will need to confirm cheque authenticity by…
🧠 10 MCQs – Daily Current Affairs Quiz 03.10.2025 Which organization announced 22 reforms to internationalize the Indian Rupee?a) SEBIb) RBIc) NABARDd) Ministry of FinanceAnswer: b) RBI Which Indian state’s wildlife sanctuaries are reopening earlier due to the President’s visit?a) Madhya Pradeshb) Rajasthanc) Gujaratd) UttarakhandAnswer: c) Gujarat Archery Premier League (APL) 2025 was launched by:a)…
1. National Affairs & Government / Policy RBI’s push to internationalise the Indian Rupee The Reserve Bank of India announced around 22 reforms aimed at boosting the use of the rupee in cross-border trade. Key steps include establishing direct conversion arrangements with UAE dirham and Indonesian rupiah, expanding rupee vostro account usage (for holding rupee…
Q1. Who has been appointed as Deputy Governor of the Reserve Bank of India effective from 9th October 2025?A) Rajeev VermaB) Shirish Chandra MurmuC) Shaktikanta DasD) M. Rajeshwar RaoAnswer: B) Shirish Chandra Murmu Q2. Shailesh Chandra has been appointed as the new MD & CEO of which company from 1st October 2025?A) Tata SteelB) Mahindra…
1. Key National Developments RBI holds key repo rate at 5.50%The Reserve Bank of India retained its repo rate at 5.50% and adopted a neutral stance. Signals have indicated the possibility of a rate cut in December, contingent on inflation and growth trends. Inflation forecasts have been revised downward, and GDP growth estimates have been…
Q1. Who has been appointed as Deputy Governor of the Reserve Bank of India effective from 9th October 2025?A) Rajeev VermaB) Shirish Chandra MurmuC) Shaktikanta DasD) M. Rajeshwar RaoAnswer: B) Shirish Chandra Murmu Q2. Shailesh Chandra has been appointed as the new MD & CEO of which company from 1st October 2025?A) Tata SteelB) Mahindra…
1. National / India News RBI Monetary Policy: Rate Maintained at 5.50 %In the RBI’s policy review, the repo rate is likely to be held at 5.50 % as per consensus among economists. The central bank continues with a calibrated stance given inflation is within target and growth signals are mixed. Appointment: Shirish Chandra Murmu…
