Banking & Insurance Current Affairs Quiz — Last 12 months
Daily news by your exam, state and topic — each with a short summary, key facts and MCQs.
In October 2025 the combined assets under management of NPS and Atal Pension Yojana crossed which mark?
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Correct answer: C — ₹16 lakh crore
PIB: the combined AUM of NPS and APY crossed the ₹16 lakh crore mark on 9 October 2025.
Consider the following statements about the pension sector (October 2025): 1. The combined subscriber base of NPS and APY has surpassed 9 crore. 2. PFRDA's Multiple Scheme Framework became effective from 1 April 2025. Which of the statements given above is/are correct?
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Correct answer: A — 1 only
Only 1 is correct. PIB: the subscriber base has surpassed 9 crore; the Multiple Scheme Framework is effective from 1 October 2025, not 1 April 2025.
How many critical and strategic mineral blocks are offered in Tranche VI of the auction launched in September 2025?
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Correct answer: D — 23
PIB: Tranche VI, launched on 16 September 2025, includes 23 critical and strategic mineral blocks — 19 composite licences and 4 mining leases.
Consider the following statements about Tranche VI of the critical mineral block auction: 1. It comprises 19 composite licences and 4 mining leases. 2. It was launched by the Ministry of Mines on 16 September 2025. Which of the statements given above is/are correct?
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Correct answer: C — Both 1 and 2
Both are correct. PIB: Tranche VI was launched on 16 September 2025 and includes 23 blocks — 19 composite licences and 4 mining leases.
NITI Aayog's October 2025 roadmap 'AI for Inclusive Societal Development' proposes which national mission for informal workers?
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Correct answer: D — Mission Digital ShramSetu
PIB: NITI Aayog called for Mission Digital ShramSetu, a proposed national mission to make AI accessible, affordable and impactful for every worker.
Consider the following statements about NITI Aayog's roadmap 'AI for Inclusive Societal Development' (October 2025): 1. It focuses on India's 490 million informal workers. 2. It warns that on the current trajectory, informal workers' average annual income will stagnate at $6,000 by 2047, against a $14,500 target. Which of the statements given above is/are correct?
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Correct answer: C — Both 1 and 2
Both are correct. PIB: the study explores how AI can transform the lives of India's 490 million informal workers and warns that at the current trajectory their average annual income will stagnate at $6,000 by 2047, far below the $14,500 target.
At the first meeting of the upgraded India–Qatar Joint Commission (October 2025), the two sides set a goal of doubling bilateral trade by:
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Correct answer: B — 2030
PIB: the sides set a shared goal of doubling bilateral trade by 2030.
Consider the following statements about Piyush Goyal's October 2025 visit to Qatar: 1. The upgraded Joint Commission replaced the earlier Joint Working Group on Trade and Commerce. 2. India–Qatar bilateral trade in 2024–25 was over USD 24 billion. Which of the statements given above is/are correct?
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Correct answer: A — 1 only
Only 1 is correct. PIB: it was the first meeting of the upgraded Joint Commission, elevated from the earlier Joint Working Group on Trade and Commerce; trade was valued at over USD 14 billion in 2024–25.
The draft Shram Shakti Niti 2025 is described as rooted in which civilisational ethos?
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Correct answer: B — Śrama dharma
PIB: the policy is rooted in India's civilisational ethos of śrama dharma — the dignity and moral value of work.
Under the draft National Labour & Employment Policy – Shram Shakti Niti 2025, which platform is to serve as India's Digital Public Infrastructure for Employment?
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Correct answer: D — National Career Service (NCS)
PIB: the National Career Service (NCS) platform will serve as India's Digital Public Infrastructure for Employment, enabling job matching, credential verification and skill alignment.
Which country received the ISSA award for outstanding achievement in social security immediately before India (in 2022)?
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Correct answer: D — Iceland
PIB: previous recipients include Brazil (2013), China (2016), Rwanda (2019) and Iceland (2022).
Consider the following statements: 1. According to the ILO, India's social protection coverage rose from 19% in 2015 to 64.3% in 2025. 2. The ISSA award for outstanding achievement in social security is presented every year. Which of the statements given above is/are correct?
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Correct answer: A — 1 only
Only 1 is correct. PIB: coverage expanded from 19% in 2015 to 64.3% in 2025, as highlighted by the ILO; the ISSA Award is presented once every three years at the World Social Security Forum.
India's vote share in the ISSA General Assembly has been raised to which number, the maximum permissible for any member country?
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Correct answer: C — 30
PIB: Dr Mandaviya stressed the rise in India's vote share in the ISSA General Assembly to 30, the maximum permissible limit for any member country.
After the vesting orders issued on 8 October 2025, how many coal blocks had been vested or allocated under commercial coal auctions in total?
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Correct answer: C — 125
PIB (Ministry of Coal): with these vesting orders, a total of 125 coal blocks have been vested or allocated under commercial coal auctions.
Consider the following statements about the five coal blocks for which vesting orders were issued on 8 October 2025: 1. All five blocks are fully explored. 2. Their Coal Mine Development and Production Agreements were signed on 21 August 2025. Which of the statements given above is/are correct?
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Correct answer: B — 2 only
Only 2 is correct. PIB: four of the blocks are partially explored and one is fully explored; the CMDPAs were signed on August 21, 2025.
As of September 2025, public sector banks had sanctioned loans under PM Surya Ghar Muft Bijli Yojana amounting to about:
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Correct answer: D — ₹10,907 crore
PIB: as of September 2025, PSBs had sanctioned over 5.79 lakh loan applications amounting to ₹10,907 crore.
Consider the following statements about the model loan scheme under PM Surya Ghar Muft Bijli Yojana: 1. It offers collateral-free loans of up to ₹2 lakh. 2. It provides a 12-month moratorium from disbursement. Which of the statements given above is/are correct?
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Correct answer: A — 1 only
Only 1 is correct. PIB: the model loan scheme offers loans up to ₹2 lakh without collateral and a 6-month moratorium period from disbursement.
The fourth edition of NITI Aayog's Trade Watch Quarterly (Q4 FY25) carries a special focus on which sector?
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Correct answer: C — Leather and footwear
PIB: this edition examines the leather and footwear sector, highlighting its employment potential and export opportunities.
According to NITI Aayog's Trade Watch Quarterly (October 2025), India's share in the $296 billion global leather and footwear market is about:
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Correct answer: D — 1.8%
PIB: India's overall share in the $296 billion global market is modest at 1.8%; the sector employs 4.4 million people.
The Competition Commission of India's 'Market Study on Artificial Intelligence and Competition' (October 2025) was conducted through which institution?
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Correct answer: D — Management Development Institute Society (MDIS)
PIB: CCI released its report Market Study on Artificial Intelligence and Competition, conducted through the Management Development Institute Society (MDIS).
What is the motto of the National Service Scheme (NSS)?
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Correct answer: B — Not Me, But You
PIB: inspired by the ideals of Mahatma Gandhi, the motto of NSS is 'NOT ME, BUT YOU' ('स्वयं से पहले आप').
Consider the following statements: 1. The National Service Scheme is a Central Sector Scheme launched in 1969. 2. The MY Bharat–NSS Awards for 2022-23 were given to 30 NSS volunteers, besides ten units and their Programme Officers. Which of the statements given above is/are correct?
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Correct answer: C — Both 1 and 2
Both are correct. PIB: NSS is a Central Sector Scheme launched in 1969; awards for 2022-23 went to ten NSS units, their ten Programme Officers and 30 NSS volunteers.
In which year did India achieve leprosy elimination status at the national level (prevalence rate below 1 per 10,000 population)?
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Correct answer: B — 2005
PIB (MoHFW explainer): India achieved elimination status in March 2005 at the national level, meaning a prevalence rate below 1 per 10,000 population, and has sustained it.
Nikusth 2.0, the revamped web portal for leprosy data and monitoring, was launched on which occasion?
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Correct answer: D — National Anti-Leprosy Day, 30 January 2023
PIB: Nikusth 2.0, a revamped web-based ICT portal for recording, reporting and monitoring leprosy activities, was launched on 30 January 2023 (National Anti-Leprosy Day) by the Union Health Minister.
Consider the following statements about leprosy in India: 1. As of March 2025, 31 States and 638 districts had a prevalence rate below 1 per 10,000 population. 2. The new case detection rate rose from 7.0 per 100,000 in 2014–15 to 9.73 per 100,000 in 2024–25. Which of the statements given above is/are correct?
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Correct answer: A — 1 only
Only 1 is correct. PIB: as of March 2025, 31 States and 638 districts had achieved a prevalence rate below 1 per 10,000. The new case detection rate fell (not rose) from 9.73 per 100,000 in 2014–15 to 7.0 in 2024–25.
Which Article of the Constitution entrusts Panchayats with preparing plans for economic development and social justice, the basis of the People's Plan Campaign?
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Correct answer: D — Article 243G
PIB (MoPR): Article 243G recognises Panchayats as institutions of local self-government and entrusts them with the preparation of plans for economic development and social justice; PDPs cover the 29 subjects of the Eleventh Schedule.
Consider the following statements about the People's Plan Campaign (PPC): 1. Panchayat Development Plans cover the 29 subjects listed in the Eleventh Schedule of the Constitution. 2. PPC 2025–26, launched on 2 October 2025, prepares Panchayat Development Plans for the financial year 2025–26. Which of the statements given above is/are correct?
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Correct answer: A — 1 only
Only 1 is correct. PIB (MoPR): PDPs cover the 29 subjects of the Eleventh Schedule. PPC 2025–26 was launched on 2 October 2025 to prepare PDPs for the financial year 2026–27, not 2025–26.
Exercise Konkan, which began on 5 October 2025, is a bilateral exercise between the Indian Navy and which navy?
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Correct answer: C — Royal Navy (United Kingdom)
PIB (Indian Navy): Exercise KONKAN-25 is a bilateral exercise between the Indian Navy and the Royal Navy of the UK, held off India's western coast from 5 to 12 October 2025.
Consider the following statements about Exercise Konkan 2025: 1. It was conducted off the eastern coast of India in the Bay of Bengal. 2. The Indian side was represented by the carrier battle group of INS Vikrant. Which of the statements given above is/are correct?
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Correct answer: B — 2 only
Only 2 is correct. PIB: the exercise was held off the western coast of India (western seaboard), and the Indian side was represented by the carrier battle group of the indigenous aircraft carrier INS Vikrant; the UK CSG 25 was led by HMS Prince of Wales.