🧠 Daily Current Affairs Quiz – 04 November 2025 Q1. The Banking Laws (Amendment) Act, 2025 introduced a new provision allowing how many individuals to be nominated for a bank deposit account? A) TwoB) ThreeC) FourD) FiveAnswer: ✅ C) Four Q2. From which date did the provisions of the Banking Laws (Amendment) Act, 2025 come…
1. Which cyclone made landfall near Kakinada, Andhra Pradesh, causing heavy rainfall and strong winds? A) Cyclone NisargaB) Cyclone MonthaC) Cyclone FaniD) Cyclone AmphanAnswer: B) Cyclone Montha Explanation: Cyclone Montha hit the eastern coast of India near Kakinada with wind speeds up to 110 km/h, leading to widespread damage and transportation disruptions. 2. How many…
Q1. India’s foreign exchange reserves reached which new milestone in October 2025? A) US $650 billionB) US $700 billionC) US $702.28 billionD) US $710 billionAnswer: ✅ C) US $702.28 billion Q2. The recent surge in India’s forex reserves was mainly due to an increase in which component? A) Foreign currency assetsB) Gold holdingsC) SDRsD) IMF…
🧠 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…
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…
NATIONAL NEWS UPDATES Economic and Banking Sector GST Rate Reforms Take Effect from September 22, 2025: Finance Minister Nirmala Sitharaman announced major GST rate cuts effective from September 22, implementing a simplified two-tier structure with rates at 5% and 18%, plus 40% for luxury goods Banking Sector Growth: President Droupadi Murmu highlighted India’s banking sector…
National Affairs Political and Diplomatic Developments Prime Minister Modi’s Strategic Meeting with Xi Jinping – PM Narendra Modi held crucial bilateral talks with Chinese President Xi Jinping in Tianjin, focusing on border peace and global stability amid ongoing trade tensions and US tariff threats Case Registered Against Mahua Moitra – An FIR was filed against…
National News Government Policy and Economic Developments Prime Minister Modi Announces Major Employment Scheme – PM Modi launched the Pradhan Mantri Viksit Bharat Rozgar Yojana with a budget of ₹1 lakh crore from Red Fort on Independence Day. The scheme will provide ₹15,000 incentives to first-time EPFO-registered employees in private sector and create 3.5 crore…
National News and Developments Banking and Financial Sector Updates Patriots Day Bank Holiday: Banks in Imphal (Manipur) remained closed on August 13, 2025, observing Patriots Day commemorating the execution of Manipur royal Bir Tikendrajit and General Thangal by the British in 1891 during the Anglo-Manipur War RBI Monetary Policy Stance: The Reserve Bank of India…
NATIONAL AFFAIRS Infrastructure and Development PM Modi Inaugurates Bengaluru Metro Yellow Line and Major Projects (August 10-12, 2025) Prime Minister Narendra Modi inaugurated the Yellow Line of Bengaluru Metro from RV Road to Bommasandra The 19.15 km stretch with 16 stations was built at a cost of approximately Rs 7,160 crore Extended Bengaluru’s operational metro…
