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Daily Current Affairs
19 June, 2025
1. What sector is NOT part of the expanded India–Croatia bilateral cooperation agenda announced during PM Modi’s visit to Zagreb?
A. Defence
B. Space
C. Textiles
D. Infrastructure
E. Digital Technology
Answer: C. Textiles
Explanation: India and Croatia are expanding ties in defence, space, infrastructure, and digital technology, but textiles was not mentioned.
2. Which Indian institute achieved its best-ever rank in the QS World University Rankings 2026 at joint 123rd?
A. IIT Bombay
B. IIT Kanpur
C. IIT Delhi
D. IISc Bangalore
E. Delhi University
Answer: C. IIT Delhi
Explanation: IIT Delhi rose to a joint 123rd position, its highest ever in the QS rankings.
3. According to SEBI’s new reforms, which investor class must now be accredited to invest in angel funds?
A. Mutual Fund Investors
B. NRIs
C. Retail Investors
D. Angel Investors
E. Foreign Institutional Investors
Answer: D. Angel Investors
Explanation: SEBI now mandates that angel investors be accredited to invest in angel funds to enhance transparency and protect retail participants.
4. What is the primary purpose of SEBI’s CeFCoM platform?
A. Insurance claim settlement
B. Mutual fund distribution
C. Secure payment to SEBI-registered advisers
D. Company IPO filings
E. Stockbroking license renewal
Answer: C. Secure payment to SEBI-registered advisers
Explanation: CeFCoM is a centralized fee collection platform for secure payments to SEBI-registered investment advisers and analysts.
5. What is the main reason Crisil recommends excluding gold from India’s core inflation basket?
A. It is not part of the consumer basket
B. It has become cheaper
C. Its price is too volatile and externally driven
D. It’s no longer a luxury good
E. It’s excluded in the WPI index
Answer: C. Its price is too volatile and externally driven
Explanation: Crisil argues gold distorts domestic inflation signals due to its high volatility and global demand-driven pricing.
6. Which private bank in India has fully migrated to the SWIFT ISO 20022 standard as of June 2025?
A. ICICI Bank
B. HDFC Bank
C. Axis Bank
D. State Bank of India
E. Kotak Mahindra Bank
Answer: D. State Bank of India
Explanation: SBI is the only major Indian bank to have fully migrated to ISO 20022 ahead of the global deadline.
7. What percentage subsidy is offered to Farmer Producer Organizations (FPOs) for drones under the Agri Mechanisation Scheme?
A. 25%
B. 40%
C. 50%
D. 75%
E. 100%
Answer: D. 75%
Explanation: Under the government scheme, FPOs are eligible for a 75% subsidy for agri-drones to promote mechanised farming.
8. What is one expected feature of the amended Seed Act proposed for Winter Session 2025?
A. Ban on imported seeds
B. Export incentives for seeds
C. Mandatory registration of all seed varieties
D. 100% subsidy on hybrid seeds
E. Legalization of GMO seeds
Answer: C. Mandatory registration of all seed varieties
Explanation: The revised Seed Act will mandate registration and quality certification of all seeds to curb the sale of spurious seeds.
9. According to the FM, which of the following is NOT one of the countries where UPI is currently accepted for merchant payments?
A. France
B. Singapore
C. UAE
D. Japan
E. Bhutan
Answer: D. Japan
Explanation: UPI is currently accepted in Bhutan, France, Mauritius, Nepal, Singapore, Sri Lanka, and the UAE — not Japan.
10. What does India’s “Agri Stack” aim to integrate under the Digital Agriculture Mission?
A. Only drone monitoring
B. Warehousing and logistics
C. Only FPO data
D. Land records, crop data, and farmer IDs
E. Soil and satellite weather data only
Answer: D. Land records, crop data, and farmer IDs
Explanation: Agri Stack combines land ownership, crop surveys, and digital farmer IDs to enable precision farming and subsidy targeting.
