VAARADHI 2.
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CURRENT AFFAIRS - 20
1. In September 2025, which ministry released the 4th 10. TATA AIG signed a bancassurance agreement with
edition of the publication titled ‘Children in India which Small Finance Bank in 2025?
2025’? a) Ujjivan SFB b) AU SFB c) Jana SFB
a) Ministry of Education d) Equitas Small Finance Bank e) ESAF SFB
b) Ministry of Women and Child Development 11. In September 2025, the RBI launched a one-year
c) Ministry of Statistics and Programme scheme to facilitate faster settlement of which type of
Implementation (MoSPI) accounts?
d) Ministry of Social Justice and Empowerment a) Current Accounts only
e) Ministry of Health and Family Welfare b) Fixed Deposit Accounts
2. In September 2025, Bank of Baroda signed a co- c) Inoperative Accounts and Unclaimed Deposits
lending agreement with which NBFC? d) NRI Accounts
a) Bajaj Finance b) Muthoot Finance e) Recurring Deposit Accounts
c) India Infoline Finance Limited (IIFL) 12. In September 2025, SIDBI launched a new scheme
d) Shriram Finance e) L&T Finance named ‘DIA’. What does ‘DIA’ stand for?
3. In September 2025, IAF signed an MoU for a) Development of Industry Associations
indigenous technology development with which b) Development of Industry Associations (DIA)
institute? c) Digital Industry Advancement
a) IIT Kanpur b) IIT Ropar c) IIT Bombay d) Development of Industrial Agencies
d) IIT Delhi e) IIT Madras e) District Industrial Accelerator
4. The BSNL 4G launch marked which anniversary of 13. Which companies jointly launched the ‘Tap & Pay’
BSNL? feature for contactless payments in India?
a) 20th b) 22nd c) 24th a) Visa and Paytm b) PhonePe and Mastercard
d) 25th (Silver Jubilee) e) 30th c) Google Pay and RuPay d) Amazon Pay and SBI
5. PM Modi laid the foundation stone for projects worth e) PayPal and UPI
how much in Jharsuguda, Odisha, in September 2025? 14. In September 2025, Axis Bank partnered with which
a) ₹40,000 crore b) ₹45,000 crore platform to launch Gold-backed Credit on UPI?
c) ₹50,000 crore d) ₹60,000 crore a) Paytm b) Freecharge c) PhonePe
e) ₹70,000 crore d) MobiKwik e) Amazon Pay
6. The Cold Desert Biosphere Reserve became India’s _ 15. In September 2025, Tata Steel signed a Joint Letter of
biosphere reserve to join the UNESCO WNBR. Intent (JLoI) with which government?
a) 10th b) 11th c) 12th d) 13th e) 14th a) Germany b) Netherlands c) France
7. In September 2025, MoSPI released which edition of d) Japan e) Denmark
“Environmental Accounting on Forest – 2025”? 16. As per ADB’s September 2025 report, India’s GDP
a) 5th b) 6th c) 7th d) 8th e) 9th growth forecast for FY26 and FY27 is:
8. Where was the 3rd ‘Unmesha: International Literature a) 6% b) 6.5% c) 7% d) 7.5% e) 8%
Festival’ held in 2025? 17. SEBI extended the retail algo trading framework
a) Lucknow b) Delhi c) Kolkata rollout to which date?
d) Patna, Bihar e) Jaipur a) January 1, 2026 b) February 1, 2026
9. The RBI released new directions on overseas perpetual c) March 1, 2026 d) April 1, 2026 e) May 1, 2026
debt under which framework? 18. Which bank was fined ₹31.8 lakh by the RBI in
a) Basel II September 2025?
b) Basel III Capital Regulations PDI in AT1 Capital a) Indian Bank
Directions, 2025 b) Indian Overseas Bank (IOB)
c) RBI Act, 1934 c) Punjab National Bank
d) FEMA Regulations d) Bank of Baroda
e) Banking Regulation Act e) Canara Bank
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19. RBL Bank entered into a bancassurance tie-up with a) American Express Banking Corporation and HDB
which life insurance company in September 2025? Financial Services
a) HDFC Life b) Citibank and Bajaj Finance
b) SBI Life c) Mastercard and IDFC First
c) ICICI Prudential Life d) Visa and Tata Capital
d) LIC (Life Insurance Corporation of India) e) HSBC and Muthoot Finance
e) Max Life 28. Which organization was granted SRO status by RBI in
20. Which company received IRDAI approval for a October 2025?
Composite Corporate Agent License in September a) Finance Industry Development Council (FIDC)
2025? b) Indian Banks Association
a) Policybazaar c) SIDBI d) NABARD e) AMFI
b) FatakSecure (subsidiary of FatakPay Insurance 29. Which bank launched India’s first youth-focused
Solutions) digital banking app ‘Cosmos Galgal’?
c) Paytm Insurance a) Saraswat Co-op Bank
d) Acko Insurance b) Cosmos Co-operative Bank
e) Digit Insurance c) SVC Co-op Bank
21. In October 2025, SEBI launched which two initiatives d) Abhyudaya Co-op Bank
to enhance investor payment security? e) TJSB Co-op Bank
a) UPI@sebi and Investor Guard 30. Razorpay collaborated with which bank to launch
b) Digital Check & Secure Pay India’s first RBI-compliant biometric authentication?
c) Validated UPI Handles (@valid) and SEBI Check a) HDFC Bank b) Axis Bank
d) FinCheck and UPI Verify c) ICICI Bank d) YES Bank
e) SafeUPI and TrustSeal e) Kotak Mahindra Bank
22. In October 2025, PhonePe launched the ‘Wish Credit 31. In October 2025, Pramerica Life Insurance Limited
Card’ in partnership with which bank? entered a strategic bancassurance partnership with
a) Suryoday SFB which small finance bank to expand insurance access
b) Equitas SFB across 18 states?
c) AU SFB a) Ujjivan Small Finance Bank
d) Utkarsh Small Finance Bank (SFB) b) Jana Small Finance Bank
e) Fincare SFB c) Equitas Small Finance Bank
23. In September 2025, Amazon Pay launched which d) AU Small Finance Bank
unified payment interface service? e) Suryoday Small Finance Bank
a) OnePay India b) Payments ka A to Z 32. In October 2025, RBI linked which two systems to
c) UPI Pro d) Amazon FinTech facilitate dollar transactions?
e) Digital India Pay a) UPI and NEFT
24. When was the RBI’s 4th Bi-monthly Monetary Policy b) Bharat Connect and FX-Retail
Committee (MPC) meeting held for FY2025–26? c) BBPS and RuPay
a) September 1–3, 2025 d) SWIFT and RTGS
b) August 29–31, 2025 e) BharatPay and PayNow
c) September 29 to October 1, 2025 33. What is the name of the new NPCI subsidiary
d) October 10–12, 2025 launched in October 2025 to boost payments
e) September 15–17, 2025 innovation?
25. In October 2025, which organization approved a USD a) NPCI Tech India Pvt Ltd
190 million loan for the Indore Metro Rail Project? b) NPCI Fintech Labs
a) World Bank b) IMF c) NPCI Tech Solutions Limited (NTSL)
c) Asian Development Bank (ADB) d) NPCI Digital Services Ltd
d) AIIB e) NDB e) NPCI Next Innovations Pvt Ltd
26. In October 2025, Zomato partnered with which 34. Bajaj Finserv Limited rebranded its insurance units in
company to launch NPS for delivery partners? October 2025 after acquiring a 26% stake from which
a) ICICI Prudential Pension company?
b) SBI Pension a) Allianz SE b) HDFC Life
c) HDFC Pension Management Company Limited c) ICICI Prudential d) Max Financial
d) LIC Pension Fund e) LIC International
e) Axis Pension Services
27. In October 2025, RBI imposed penalties on which two
financial entities?
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35. Which company launched the customizable health c) September 2025 d) October 2025
insurance plan ‘Health Alpha’ in October 2025? e) June 2025
a) HDFC ERGO 43. Curie Money collaborated with which AMC to launch
b) Bajaj Allianz instant redemption with UPI?
c) SBI General Insurance Company Limited a) HDFC AMC b) Axis AMC c) SBI AMC
d) ICICI Lombard d) ICICI Prudential AMC e) UTI AMC
e) Aditya Birla Health Insurance 44. India’s first QR-based kiosk for paying traffic fines
36. In October 2025, the RBI cancelled the licence of was launched in which city?
which Maharashtra-based Urban Co-operative Bank? a) Mumbai b) New Delhi c) Gurugram
a) Vidya Sahakari Bank d) Hyderabad e) Bengaluru
b) Jijamata Mahila Sahakari Bank 45. Which startup partnered with NPCI to launch India’s
c) Saraswat Co-op Bank first wearables payment ecosystem?
d) Shree Sharada UCB a) Paytm b) Muse Wearables
e) Pune Mahila Bank c) Razorpay d) PhonePe e) BharatPe
37. What is India’s revised GDP growth forecast for FY26 46. Which company launched India’s first business-
according to the World Bank’s South Asia Update focused e-RUPI voucher issuance platform in October
(October 2025)? 2025?
a) 6.2% b) 6.3% c) 6.5% d) 6.8% e) 7.0% a) Razorpay b) CotoPay c) Paytm
38. What is the value of non-dilutive debt funding under d) Pine Labs e) Google Pay
HSBC’s Innovation Banking platform? 47. What is the name of the sportswear and athleisure
a) USD 500 million b) USD 1 billion brand launched by Sachin Tendulkar in October 2025?
c) USD 2 billion d) USD 5 billion a) PlayFit b) TEN x YOU c) SRT Gear
e) USD 10 billion d) RunIndia e) ActiveWave
39. Air India’s interline partnership announced in October 48. The Bank of India signed an MoU with which
2025 is with which airline? organization under the Rakshak Salary Package?
a) EVA Air b) Cathay Pacific a) CRPF b) CISF c) BSF
c) STARLUX Airlines d) Singapore Airlines d) ITBP e) Indian Army
e) China Airlines 49. Which Indian organization signed an MoU with NTT
40. Where was the Global Fintech Fest (GFF) 2025 held? DATA Japan for UPI acceptance?
a) Bengaluru b) Hyderabad c) Mumbai a) RBI
d) New Delhi e) Pune b) NPCI International Payments Limited (NIPL)
41. In October 2025, the WTO lowered the global c) SBI Global d) Axis Bank
merchandise trade volume growth forecast for e) Exim Bank
Calendar Year 2026 (CY26) to what level? 50. Flipkart collaborated with which company to launch
a) 1.8% b) 0.9% c) 0.5% d) 2.4% e) 3.2% the ‘Flipkart Bharat Yatra Card’?
42. Retail inflation in India dropped to a 99-month low of a) Paytm b) Razorpay
1.54% in which month of 2025? c) Pine Labs Limited d) PhonePe
a) July 2025 b) August 2025 e) Google Pay
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ANSWER KEY
1 C 11 C 21 C 31 C 41 C
2 C 12 B 22 D 32 B 42 C
3 B 13 B 23 B 33 C 43 D
4 D 14 B 24 C 34 A 44 C
5 D 15 B 25 C 35 C 45 B
6 D 16 B 26 C 36 B 46 B
7 D 17 D 27 A 37 C 47 B
8 D 18 B 28 A 38 B 48 C
9 B 19 D 29 B 39 C 49 B
10 D 20 B 30 D 40 C 50 C
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