India Current Affairs Quiz — All time
Daily news by your exam, state and topic — each with a short summary, key facts and MCQs.
Gopinath Bardoloi, after whom Guwahati's international airport is named and whose statue was unveiled on 20 December 2025, was:
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Correct answer: A — Assam's first Chief Minister
PIB 2207003: the Prime Minister unveiled the statue of Gopinath Bardoloi, Assam's first Chief Minister.
The new terminal of Lokapriya Gopinath Bardoloi International Airport, inaugurated in December 2025, is designed to handle up to how many passengers a year?
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Correct answer: C — 1.3 crore
narendramodi.in and All India Radio: the terminal, spread over nearly 1.4 lakh sq m, is designed for up to 1.3 crore passengers a year.
Consider the following statements in the context of the new Guwahati airport terminal inaugurated in December 2025: 1. The Indian Forest Act, 1927 was amended in 2017 to reclassify bamboo grown in non-forest areas as a 'grass' instead of a 'tree'. 2. The terminal is spread over nearly 1.4 lakh square metres. 3. The airport is named after Assam's first Governor. Which of the statements given above is/are correct?
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Correct answer: B — 1 and 2 only
PIB 2207003 gives the 2017 bamboo amendment; narendramodi.in gives the 1.4 lakh sq m area. Gopinath Bardoloi was Assam's first Chief Minister, not Governor, so statement 3 is wrong.
Who was named vice-captain of India's squad for the ICC Men's T20 World Cup 2026, announced on 20 December 2025?
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Correct answer: B — Axar Patel
BCCI media advisory: Suryakumar Yadav (C) and Axar Patel (VC). ESPNcricinfo and The Hindu: Shubman Gill, the previous vice-captain, was left out.
The ICC Men's T20 World Cup 2026 is to be co-hosted by India and which country?
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Correct answer: A — Sri Lanka
The Hindu: the tournament is to be played in India and Sri Lanka from 7 February.
The Sashastra Seema Bal, which marked its 62nd Raising Day on 20 December 2025, guards India's borders with which countries?
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Correct answer: A — Nepal and Bhutan
The Pioneer and ANI (Free Press Journal): the SSB guards the 1,751 km India–Nepal and 699 km India–Bhutan borders.
What is the motto of the Sashastra Seema Bal?
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Correct answer: D — Service, Security and Brotherhood
The Pioneer and ANI (Free Press Journal): the SSB's motto is 'Service, Security and Brotherhood'.
Where was Andhra Pradesh's first Gen-Z themed campus Post Office inaugurated on 20 December 2025?
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Correct answer: C — VIT-AP University, Amaravati
PIB 2207019: the Gen-Z themed VIT-AP University Sub Post Office was inaugurated at the VIT-AP University campus, Amaravati.
Which minister inaugurated Andhra Pradesh's first Gen-Z themed campus Post Office in December 2025?
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Correct answer: B — Pemmasani Chandra Sekhar
PIB 2207019: it was inaugurated by Pemmasani Chandra Sekhar, Minister of State for Rural Development and Communications.
The 'VijAIpatha' AI and STEM labs launched in December 2025 are in government schools of Hosapete taluk in which district of Karnataka?
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Correct answer: B — Vijayanagara
The Hindu and Cyient: the pilot covers government schools in Hosapete taluk, Vijayanagara district.
Which organisation is implementing the 'VijAIpatha' AI education pilot with the Karnataka government?
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Correct answer: D — Cyient Foundation
The Hindu and Cyient: the initiative is implemented by the Cyient Foundation with the Department of Education, Government of Karnataka.
How did the Rajya Sabha pass the VB-G RAM G Bill, 2025 after midnight on 19 December 2025?
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Correct answer: B — By voice vote
The Hindu and Scroll: the Rajya Sabha passed the Bill by voice vote after midnight amid Opposition protests.
During the December 2025 debate on the VB-G RAM G Bill, the Rural Development Minister said Mahatma Gandhi's name was added to the 2005 rural employment guarantee law in which year?
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Correct answer: C — 2009
The Hindu and The Times of India: Shivraj Singh Chouhan said Gandhi's name was not in the original 2005 law and was added in 2009.
Consider the following statements about the passage of the VB-G RAM G Bill, 2025: 1. The Lok Sabha passed the Bill on 18 December 2025. 2. The Rajya Sabha passed the Bill after midnight, on 19 December 2025. 3. The Bill was referred to a parliamentary committee before it was passed. Which of the statements given above is/are correct?
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Correct answer: D — 1 and 2 only
The Hindu, Scroll and TOI: the Lok Sabha passed the Bill on Thursday, 18 December, and the Rajya Sabha after midnight on Friday, 19 December. The demand to refer it to a committee was rejected, so statement 3 is wrong.
The proposed Bureau of Port Security (BoPS), discussed at a meeting chaired by Amit Shah on 19 December 2025, is being modelled on which body?
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Correct answer: C — Bureau of Civil Aviation Security
PIB 2206443: the Bureau is being modelled on the lines of the Bureau of Civil Aviation Security (BCAS).
Which force has been designated as the Recognised Security Organisation (RSO) for port facilities, as announced on 19 December 2025?
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Correct answer: D — Central Industrial Security Force
PIB 2206443: CISF has been designated as the RSO for port facilities, responsible for security assessments and port security plans.
Consider the following statements about the Bureau of Port Security (BoPS): 1. It is to be constituted as a statutory body under Section 13 of the Merchant Shipping Act, 2025. 2. It will function under the Ministry of Home Affairs. 3. During a one-year transition, the Director General of Shipping will function as its Director General. Which of the statements given above is/are correct?
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Correct answer: C — 1 and 3 only
PIB 2206443: BoPS will be a statutory body under Section 13 of the Merchant Shipping Act, 2025 and the DG Shipping will head it during the one-year transition. It will function under the Ministry of Ports, Shipping and Waterways, not the MHA, so statement 2 is wrong.
Where was the closing ceremony of the Second WHO Global Summit on Traditional Medicine held on 19 December 2025?
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Correct answer: D — Bharat Mandapam, New Delhi
PIB 2206859: the Prime Minister addressed the closing ceremony at Bharat Mandapam, New Delhi.
What is the 'Ayush Mark' launched by the Prime Minister at the WHO traditional medicine summit in December 2025?
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Correct answer: B — A global benchmark for quality Ayush products and services
PIB 2206859: the Ayush Mark is envisioned as a global benchmark for quality Ayush products and services.
Consider the following statements in the context of the Second WHO Global Summit on Traditional Medicine (December 2025): 1. The new WHO South-East Asia Regional Office building in New Delhi will also house the WHO India Country Office. 2. The WHO Global Centre for Traditional Medicine is located in Jamnagar, Gujarat. 3. The summit's theme was 'Health for All through Traditional Medicine'. Which of the statements given above is/are correct?
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Correct answer: A — 1 and 2 only
PIB 2206859: the SEARO building will also house the WHO India Country Office, and the WHO GCTM is in Jamnagar. The theme was 'Restoring Balance: The Science and Practice of Health and Well-being', so statement 3 is wrong.
Under the PFRDA amendments notified on 19 December 2025, what is the maximum lump sum a non-government NPS subscriber can take at normal exit?
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Correct answer: C — 80%
PIB 2206763: for the All Citizen Model and Corporate Sector, up to 80% lump sum with at least 20% annuity, up from 60%.
To what age have the maximum entry and exit ages under the NPS been raised by the PFRDA amendments of December 2025?
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Correct answer: D — 85 years
PIB 2206763: entry and exit age increased to 85 years, from a maximum entry age of 70 and exit age of 75.
Consider the following statements about the NPS exit amendments notified by PFRDA on 19 December 2025: 1. Government sector subscribers can now take up to 80% as lump sum at normal exit. 2. The minimum lock-in period of five years for premature exit under the All Citizen Model has been removed. 3. A regulated lender may mark a lien of up to 25% of the subscriber's own contribution. Which of the statements given above is/are correct?
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Correct answer: B — 2 and 3 only
PIB 2206763: the five-year lock-in was removed for the All Citizen Model, and lenders may mark a lien up to 25% of the subscriber's own contribution. For the government sector, normal exit remains up to 60% lump sum, so statement 1 is wrong.
According to Lok Sabha Speaker Om Birla, what was the productivity of the Lok Sabha during the Winter Session that ended on 19 December 2025?
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Correct answer: C — 111 percent
PIB 2206501: the productivity of the House during the Sixth Session was 111 percent.
Which Bill was referred to a Joint Committee of the Houses after its introduction in the Lok Sabha during the Winter Session 2025?
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Correct answer: A — Viksit Bharat Shiksha Adhishthan Bill, 2025
PIB 2206655: the Viksit Bharat Shiksha Adhishthan Bill, 2025 was referred to a Joint Committee after introduction. The other three were passed by both Houses.
Consider the following statements about the Winter Session 2025 of Parliament: 1. The session provided 15 sittings spread over 19 days. 2. The Prime Minister initiated the special discussion on 150 years of 'Vande Mataram' in the Lok Sabha. 3. The discussion on electoral reforms was held only in the Lok Sabha. Which of the statements given above is/are correct?
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Correct answer: B — 1 and 2 only
PIB 2206655: 15 sittings over 19 days, and the PM initiated the Vande Mataram discussion in the Lok Sabha. Electoral reforms were discussed in the Lok Sabha (9–10 December) and the Rajya Sabha (11, 15 and 16 December), so statement 3 is wrong.
GI-tagged Indi Lime, which was exported to Oman for the first time on 19 December 2025, comes from which district of Karnataka?
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Correct answer: A — Vijayapura
PIB 2206803: 3 MT of GI-tagged Indi Lime from Vijayapura district of Karnataka were exported to Oman.
Consider the following statements about GI-tagged Indi Lime exports: 1. Three metric tonnes were exported to Oman on 19 December 2025. 2. The maiden export of Indi Lime was to the United Kingdom. 3. APEDA has been supporting the promotion and export of the product. Which of the statements given above is/are correct?
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Correct answer: C — 1 and 3 only
PIB 2206803: 3 MT went to Oman on 19 December and APEDA supports promotion and export. The maiden export was 3 MT to Dubai on 24 August 2025; the UK shipment was 350 kg flagged off later, so statement 2 is wrong.
The National Biodiversity Authority released ₹14.88 crore of Access and Benefit Sharing funds to Andhra Pradesh on 19 December 2025 for the conservation of which species?
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Correct answer: B — Red Sanders
PIB 2206421: the funds are earmarked for the protection, conservation and research of Red Sanders.
Consider the following statements: 1. The scientific name of Red Sanders is Pterocarpus santalinus. 2. Red Sanders is endemic to limited pockets of the Western Ghats. 3. India's cumulative Access and Benefit Sharing disbursements have crossed ₹143 crore. Which of the statements given above is/are correct?
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Correct answer: A — 1 and 3 only
PIB 2206421: Red Sanders (Pterocarpus santalinus) is endemic to limited pockets of the Eastern Ghats, not the Western Ghats, and cumulative ABS disbursements have crossed ₹143 crore. Statement 2 is wrong.
Where did ISRO conduct the drogue parachute qualification tests for the Gaganyaan crew module on 18–19 December 2025?
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Correct answer: A — Rail Track Rocket Sled facility, TBRL, Chandigarh
ISRO: the tests were held at the Rail Track Rocket Sled (RTRS) facility of the Terminal Ballistics Research Laboratory (TBRL), Chandigarh.
Consider the following statements about the deceleration system of the Gaganyaan crew module: 1. It has a total of 10 parachutes of four types. 2. Two drogue parachutes stabilise and decelerate the module. 3. Four main parachutes are used for the final descent. Which of the statements given above is/are correct?
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Correct answer: B — 1 and 2 only
ISRO: the system has 10 parachutes of 4 types, including two drogues that stabilise and decelerate the module. Three pilot parachutes extract three main parachutes, not four, so statement 3 is wrong.
ICGS Amulya, commissioned in Goa on 19 December 2025, is the third vessel of which class of Fast Patrol Vessels?
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Correct answer: B — Adamya class
PIB 2206579: Amulya is the third in the series of eight new-generation Adamya-class Fast Patrol Vessels.
Consider the following statements about ICGS Amulya: 1. It was built by Goa Shipyard Limited with more than 60% indigenous components. 2. It will be based at Paradip under the Coast Guard Region (North East). 3. It is a 51-metre vessel with a top speed of 35 knots. Which of the statements given above is/are correct?
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Correct answer: A — 1 and 2 only
PIB 2206579: GSL-built with over 60% indigenous content, and based at Paradip under the Commander, Coast Guard Region (North East). The 51-metre ship's top speed is 27 knots, so statement 3 is wrong.
According to Home Minister Amit Shah's Goa Liberation Day message of 19 December 2025, Indians had to obtain permission to visit Goa until which year?
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Correct answer: C — 1961
PIB 2206418: Amit Shah said Indians had to obtain permission to visit Goa till 1961.
Which of the following was among the freedom fighters named by Amit Shah in his Goa Liberation Day message of 2025?
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Correct answer: D — Bala Raya Mapari
PIB 2206418: Amit Shah named Prabhakar Vaidya, Bala Raya Mapari, Nanaji Deshmukh and Jagannath Rao Joshi.
During which period is Good Governance Week 2025, launched by DARPG on 19 December 2025, being observed?
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Correct answer: B — 19–25 December
PIB 2206518: Good Governance Week 2025 is observed from 19 to 25 December; 11–18 December was the preparatory phase.
What is the name of the nationwide grassroots campaign at the core of Good Governance Week 2025?
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Correct answer: A — Prashasan Gaon Ki Ore
PIB 2206518: the 'Prashasan Gaon Ki Ore' initiative forms the core of the Good Governance Week campaign.
Outbound portability under Rajasthan's MAA Yojana, implemented from 19 December 2025, does NOT cover hospitals in which two states?
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Correct answer: D — Tamil Nadu and Karnataka
ETGovernment and Dainik Bhaskar: the empanelled network across India excludes Tamil Nadu and Karnataka.
Up to what amount of cashless treatment a year are beneficiaries entitled to under Rajasthan's Mukhyamantri Ayushman Arogya (MAA) Yojana?
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Correct answer: C — ₹25 lakh
ETGovernment and Bhaskar English: beneficiaries are entitled to cashless treatment of up to ₹25 lakh a year.
Who will co-chair the India–Netherlands Joint Trade and Investment Committee (JTIC) from the Indian side, as per the MoU announced on 19 December 2025?
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Correct answer: A — Additional Secretary, Department of Commerce
PIB 2206805: the JTIC will be co-chaired by the Additional Secretary, Department of Commerce and the Dutch Director General (Foreign Economic Relations).
Consider the following statements about the India–Netherlands JTIC announced in December 2025: 1. It will meet annually, alternately in India and the Netherlands. 2. The MoU was signed between India's Ministry of Commerce and Industry and the Dutch Ministry of Economic Affairs. 3. It was announced during the visit of Dutch Foreign Minister David van Weel. Which of the statements given above is/are correct?
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Correct answer: D — 1 and 3 only
PIB 2206805: the JTIC meets annually, alternately in each country, and was announced during David van Weel's visit. The Dutch signatory was the Ministry of Foreign Affairs, so statement 2 is wrong.
Under the India–Oman CEPA signed on 18 December 2025, Indian goods get zero-duty access on what share of Oman's tariff lines?
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Correct answer: C — 98.08%
PIB 2205889: zero-duty access on 98.08% of Oman's tariff lines, covering 99.38% of India's exports by value.
Who signed the India–Oman CEPA on behalf of India on 18 December 2025?
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Correct answer: D — Piyush Goyal
PIB 2205889: Commerce and Industry Minister Piyush Goyal signed with Oman's Minister of Commerce, Industry and Investment Promotion Qais bin Mohammed Al Yousef.
The India–Oman CEPA is India's second Free Trade Agreement signed in six months. With which country was the earlier one signed?
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Correct answer: B — United Kingdom
PIB 2205889: the CEPA is the second FTA signed in the last six months after the United Kingdom.
Consider the following statements about the India–Oman CEPA: 1. Oman has offered 127 services sub-sectors. 2. It contains the first-ever commitment by any country on traditional medicine across all modes. 3. Oman has capped FDI by Indian companies in its services sectors at 49%. Which of the statements given above is/are correct?
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Correct answer: D — 1 and 2 only
PIB 2205889: Oman offered 127 sub-sectors and made the first-ever commitment by any country on traditional medicine across all modes. It committed to 100% FDI for Indian companies in major services sectors, so statement 3 is wrong.
Which two laws does the SHANTI Bill, 2025, passed by Parliament on 18 December 2025, replace?
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Correct answer: A — Atomic Energy Act, 1962 and Civil Liability for Nuclear Damage Act, 2010
PRS: the Bill replaces the Atomic Energy Act, 1962 and the Civil Liability for Nuclear Damage Act, 2010.
Which body gets statutory status under the SHANTI Bill, 2025?
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Correct answer: B — Atomic Energy Regulatory Board
PIB 2206211: the Bill accords statutory status to the Atomic Energy Regulatory Board, making it part of the parent legislation.
What nuclear energy capacity target by 2047 does the SHANTI Bill support?
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Correct answer: C — 100 GW
PIB 2206598: the Bill supports the long-term objective of achieving 100 GW nuclear energy capacity by 2047.
Consider the following statements about the SHANTI Bill, 2025: 1. It was introduced in the Lok Sabha on 15 December 2025 and passed by the Lok Sabha on 17 December 2025. 2. The Appellate Tribunal for Electricity will serve as the appellate authority under it. 3. It keeps a single statutory cap on operator liability for all nuclear installations. Which of the statements given above is/are correct?
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Correct answer: A — 1 and 2 only
PRS gives the dates (introduced 15 December, Lok Sabha 17 December) and PIB 2206598 names the Appellate Tribunal for Electricity. The Bill replaces the single cap with a graded liability framework, so statement 3 is wrong.
How many members took part in the Lok Sabha debate on the VB-G RAM G Bill before it was passed on 18 December 2025?
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Correct answer: B — 98
The Indian Express and News18: Shivraj Singh Chouhan said he listened to 98 MPs who took part in the debate.
Consider the following statements about the VB-G RAM G Bill, 2025 as explained in the PIB backgrounder of 18 December 2025: 1. It shifts rural employment from a central sector scheme to a centrally sponsored framework. 2. All assets created will be aggregated in the Viksit Bharat National Rural Infrastructure Stack. 3. The estimated annual central share is ₹1,51,282 crore. Which of the statements given above is/are correct?
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Correct answer: B — 1 and 2 only
PIB 2205734: the Bill moves to a centrally sponsored framework and aggregates assets in the Viksit Bharat National Rural Infrastructure Stack. ₹1,51,282 crore is the total annual requirement including the State share; the central share is ₹95,692.31 crore, so statement 3 is wrong.
Which of the following is NOT one of the four priority areas of works under the VB-G RAM G Bill, 2025?
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Correct answer: D — Urban housing for migrant workers
PIB 2205734: the four areas are water security, core rural infrastructure, livelihood-related infrastructure and special works to mitigate extreme weather events. Urban housing is not one of them.
Who introduced the Hate Speech and Hate Crimes (Prevention) Bill, 2025 in the Karnataka Assembly on 10 December 2025?
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Correct answer: A — G. Parameshwara
BusinessLine (PTI) and Moneycontrol: the Bill was presented in the House by Home Minister G. Parameshwara on 10 December.
Consider the following statements about the Karnataka Hate Speech and Hate Crimes (Prevention) Bill, 2025: 1. It is described as the first such law in the country. 2. It provides for jail of up to seven years and a fine of up to ₹1 lakh. 3. It was passed by the Assembly during its session in Bengaluru. Which of the statements given above is/are correct?
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Correct answer: B — 1 and 2 only
BusinessLine (PTI) and Moneycontrol: the first such law, with jail up to seven years and a fine up to ₹1 lakh. It was passed in Belagavi, not Bengaluru, so statement 3 is wrong.
Where was the second edition of the India–UAE Joint Military Exercise Desert Cyclone held from 18 to 30 December 2025?
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Correct answer: A — Abu Dhabi, UAE
PIB 2205132: Desert Cyclone-II was scheduled at Abu Dhabi, UAE from 18 to 30 December 2025.
Consider the following statements about Exercise Desert Cyclone-II: 1. The Indian contingent comprises 45 personnel, mainly from The Mechanised Infantry Regiment. 2. The UAE is represented by the 53 Mechanised Infantry Battalion. 3. The exercise focuses on conventional desert warfare outside any UN mandate. Which of the statements given above is/are correct?
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Correct answer: A — 1 and 2 only
PIB 2205132: 45 Indian personnel mainly from The Mechanised Infantry Regiment, and the UAE's 53 Mechanised Infantry Battalion. The focus is sub-conventional operations in urban terrain under a UN mandate, so statement 3 is wrong.
On which principle were Regional Rural Banks consolidated with effect from 1 May 2025, before a common RRB logo was unveiled in December 2025?
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Correct answer: C — One State One RRB
PIB 2205824: on the principle of 'One State One RRB', 26 RRBs across 11 States/UTs were consolidated from 01.05.2025.
Consider the following statements about Regional Rural Banks (RRBs) and their new common logo: 1. 26 RRBs across 11 States/UTs were consolidated with effect from 1 May 2025. 2. There are now 28 RRBs. 3. In the logo, the hands symbolise enlightenment. Which of the statements given above is/are correct?
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Correct answer: D — 1 and 2 only
PIB 2205824: 26 RRBs in 11 States/UTs were consolidated from 1 May 2025 and 28 RRBs now operate. In the logo the hands stand for nurturing and the flame for enlightenment, so statement 3 is wrong.
The Order of Oman, conferred on Prime Minister Narendra Modi on 18 December 2025, was instituted in 1970 by whom?
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Correct answer: C — Sultan Qaboos bin Said
PIB 2206032: the Order of Oman was instituted in 1970 by Sultan Qaboos bin Said.
At which palace was Prime Minister Modi received by Sultan Haitham bin Tarik on 18 December 2025?
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Correct answer: C — Al Baraka Palace
PIB 2206044: the Prime Minister was received by His Majesty Sultan Haitham bin Tarik on 18 December 2025 at Al Baraka Palace.
Consider the following statements about Prime Minister Modi's visit to Oman in December 2025: 1. The visit took place in the year marking 70 years of India–Oman diplomatic relations. 2. An MoU on maritime heritage and museums covers the National Maritime Heritage Complex at Lothal. 3. The visit followed Sultan Haitham bin Tarik's State Visit to India in December 2023. Which of the statements given above is/are correct?
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Correct answer: D — 1, 2 and 3
PIB 2206044 and 2205993: the visit marked 70 years of diplomatic ties, the maritime heritage MoU includes NMHC Lothal, and it followed the Sultan's State Visit to India in December 2023. All three are correct.
Kumari Beel and Dhamar Beel, which the Assam Cabinet approved as Proposed Reserved Forests on 18 December 2025, are in which district?
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Correct answer: A — Goalpara
News Live and The Economic Times: both beels are in Goalpara district.
Under which law did the Assam Cabinet approve declaring Kumari Beel and Dhamar Beel as Proposed Reserved Forests?
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Correct answer: C — Assam Forest Regulation, 1891
News Live and The Economic Times: the declaration is under the relevant provisions of the Assam Forest Regulation, 1891.
How many yachts will the 'Viksit Bharat Mumbai Marina', approved in December 2025, be able to berth?
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Correct answer: C — 424
PIB 2206251: the marina will have capacity to berth 424 yachts of up to 30 metres.
Under the hybrid model for the Viksit Bharat Mumbai Marina, which body will invest about ₹470 crore in the core marina infrastructure?
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Correct answer: B — Mumbai Port Authority
PIB 2206251: the Mumbai Port Authority will invest about ₹470 crore on an EPC basis, and a private operator about ₹417 crore onshore.
How many mobile forensic laboratory vehicles did Bihar Chief Minister Nitish Kumar flag off in Patna on 18 December 2025?
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Correct answer: B — 34
TOI, Hindustan Times and UNI: the Chief Minister flagged off 34 mobile forensic vehicles.
What is the main purpose of the 34 mobile forensic vans flagged off in Bihar on 18 December 2025?
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Correct answer: A — Collecting and examining evidence at the crime scene
TOI, Hindustan Times and UNI: the vans let forensic teams collect evidence and begin investigation at the crime scene instead of waiting for laboratory results.
Under which law did the Competition Commission of India decide on 18 December 2025 to proceed in the IndiGo flight disruptions matter?
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Correct answer: D — Competition Act, 2002
PIB 2206091: the Commission decided to proceed further in accordance with the provisions of the Competition Act, 2002.
The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, passed by Parliament on 17 December 2025, allows FDI in insurance companies up to what limit?
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Correct answer: C — 100%
PIB 2206011: a key feature of the Bill is to allow up to 100% Foreign Direct Investment in insurance companies.
Under the Sabka Bima Sabki Raksha Bill, 2025, the Net Owned Fund requirement for foreign reinsurance branches has been reduced from ₹5,000 crore to:
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Correct answer: B — ₹1,000 crore
PIB 2206011: the Net Owned Fund requirement of foreign reinsurance branches has been reduced from ₹5,000 crore to ₹1,000 crore.
Which of the following Acts is NOT amended by the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025?
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Correct answer: D — General Insurance Business (Nationalisation) Act, 1972
PIB 2206011: the Bill amends three Acts: the Insurance Act, 1938, the LIC Act, 1956 and the IRDA Act, 1999. The General Insurance Business (Nationalisation) Act is not among them.
Consider the following statements about the Sabka Bima Sabki Raksha Bill, 2025: 1. The limit for seeking prior regulatory approval for transfer of share capital has been raised from 1% to 5%. 2. A Policyholders' Education and Protection Fund will be set up. 3. IRDAI is given the power to disgorge wrongful gains from insurers and intermediaries. Which of the statements given above is/are correct?
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Correct answer: D — 1, 2 and 3
PIB 2206011: the share-transfer approval limit rises from 1% to 5%, a Policyholders' Education and Protection Fund will be set up, and IRDAI gets the power to disgorge wrongful gains. All three are correct.