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…
Q1. Which Indian biosphere reserve was recently included in UNESCO’s World Network of Biosphere Reserves? a) Nilgiri Biosphere Reserveb) Cold Desert Biosphere Reservec) Sundarbans Biosphere Reserved) Nanda Devi Biosphere ReserveAnswer: b) Cold Desert Biosphere Reserve Q2. The first phase of which international airport was inaugurated on 30 September 2025? a) Jewar International Airportb) Navi Mumbai…
1. National News & Developments (India) Himachal Pradesh’s Cold Desert Biosphere Reserve gets UNESCO tag In the 37th session of UNESCO’s Man & Biosphere (MAB) Programme, India’s Cold Desert Biosphere Reserve in Himachal Pradesh was included in the World Network of Biosphere Reserves. This addition raises India’s total count of biosphere reserves under UNESCO designation….
MCQs with Answers Q1. India won the Asia Cup 2025 final by defeating which country?a) Sri Lankab) Pakistanc) Bangladeshd) AfghanistanAnswer: b) Pakistan Q2. How many Asia Cup titles has India won after the 2025 victory?a) 7b) 8c) 9d) 10Answer: c) 9 Q3. Which Indian player remained unbeaten on 69 runs in the Asia Cup 2025…
