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Daily Current Affairs
18 June, 2025
1. According to SIPRI 2025, how many nuclear warheads does India currently possess?
A. 160
B. 170
C. 180
D. 190
E. 200
Answer: C. 180
Explanation: The SIPRI 2025 report estimates that India possesses 180 nuclear warheads, which is more than Pakistan’s 170.
2. What capability does India’s nuclear triad provide?
A. Launch from drones
B. Launch from submarines only
C. Delivery via land, air, and sea
D. Only defensive shields
E. Only short-range missiles
Answer: C. Delivery via land, air, and sea
Explanation: A nuclear triad refers to the ability to launch nuclear weapons from land-based missiles, aircraft, and submarine-launched systems.
3. Which country added around 100 nuclear warheads annually since 2023, according to SIPRI?
A. India
B. China
C. Pakistan
D. Russia
E. Israel
Answer: B. China
Explanation: China’s warhead count has increased rapidly, with about 100 new warheads added annually since 2023, reaching a total of 600.
4. What does the Fintech industry’s proposed UPI MDR plan aim to do?
A. Apply charges to all merchants
B. Remove UPI from small merchants
C. Increase charges for end users
D. Apply MDR only to large merchants
E. Ban UPI for large transactions
Answer: D. Apply MDR only to large merchants
Explanation: The fintech sector is proposing MDR only for large-scale businesses while exempting small merchants and end-users.
5. Which small finance bank applied most recently for universal bank status?
A. AU Small Finance Bank
B. Equitas SFB
C. Ujjivan SFB
D. Jana SFB
E. ESAF SFB
Answer: D. Jana SFB
Explanation: Jana Small Finance Bank applied in June 2025 to convert into a universal bank, following AU and Ujjivan.
6. From September 1, 2025, on which day will NSE’s weekly derivatives now expire?
A. Monday
B. Tuesday
C. Wednesday
D. Thursday
E. Friday
Answer: B. Tuesday
Explanation: SEBI’s new regulation mandates that NSE weekly derivatives will now expire on Tuesdays, instead of Thursdays.
7. What is the RBI’s new KYC notification requirement for banks?
A. Send one email only
B. Provide physical letter only
C. No notifications needed
D. Send 3 advance and 3 post-due notifications
E. Only SMS and calls
Answer: D. Send 3 advance and 3 post-due notifications
Explanation: The RBI now requires banks to send at least 3 advance and 3 post-due notifications, including one physical letter each.
8. What misconduct led to SEBI barring IIFL Director Sanjiv Bhasin?
A. Insider trading using official emails
B. Failure to disclose holdings
C. Fraudulent IPO practices
D. Front running using public stock tips
E. Misuse of client funds
Answer: D. Front running using public stock tips
Explanation: Bhasin bought stocks before recommending them publicly, then sold them after price hikes—an illegal practice known as front running.
9. What was India’s retail inflation rate in May 2025, the lowest in 75 months?
A. 1.9%
B. 2.5%
C. 2.8%
D. 3.2%
E. 3.7%
Answer: C. 2.8%
Explanation: In May 2025, India’s retail inflation dropped to a 75-month low of 2.8%, largely due to falling food and energy prices.
10. What is the key message of Tropical Agro’s #SawalKalKaHai campaign?
A. Boost export of fertilizers
B. Improve sugarcane pricing
C. Promote sustainable agriculture
D. Increase GM crop production
E. Promote agricultural insurance
Answer: C. Promote sustainable agriculture
Explanation: The campaign focuses on sustainable farming and food choices, linking soil health to public health and ecological balance.
