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Daily Current Affairs
20 & 21 October, 2025
1. The ASEAN Summit 2025 is being hosted in which country where India will balance its role between Quad and BRICS?
A. Thailand
B. Malaysia
C. Indonesia
D. Singapore
E. Vietnam
Answer: B. Malaysia
Explanation: The ASEAN Summit 2025 and the East Asia Summit are being held in Kuala Lumpur, Malaysia (Oct 26–28, 2025). India’s Prime Minister Modi will attend to balance strategic ties between Quad and BRICS.
2. Which organization introduced the Graded Response Action Plan (GRAP) to tackle Delhi-NCR air pollution?
A. CPCB
B. NITI Aayog
C. Ministry of Environment
D. CAQM
E. Supreme Court of India
Answer: D. CAQM
Explanation: The Commission for Air Quality Management (CAQM) introduced and enforces GRAP in Delhi-NCR since 2017, under Supreme Court directives, to manage air quality through a four-stage action plan.
3. Which payload on Chandrayaan-2 made the first-ever observation of a solar CME impact on the Moon?
A. MIP
B. TMC-2
C. CHACE-2
D. MiniSAR
E. MENCA
Answer: C. CHACE-2
Explanation: CHACE-2 (Chandra’s Atmospheric Composition Explorer-2), aboard the Chandrayaan-2 Orbiter, recorded a Coronal Mass Ejection (CME) impact, revealing a tenfold rise in lunar exosphere density.
4. According to the Global MPI 2025 Report, what percentage of India’s poor live in climate-vulnerable regions?
A. 75%
B. 82%
C. 90%
D. 99%
E. 60%
Answer: D. 99%
Explanation: The UNDP–OPHI Global MPI 2025 Report shows that ~99% of India’s poor live in climate-vulnerable areas, highlighting the link between poverty and climate risks in India.
5. As per the latest RBI report, India’s GDP growth remains above:
A. 5%
B. 6%
C. 7%
D. 8%
E. 9%
Answer: C. 7%
Explanation: The RBI report highlights India’s economic resilience with GDP growth above 7%, supported by strong domestic demand, infrastructure investment, and stable inflation.
6. RBI’s proposal to let banks set up subsidiaries without prior approval excludes which sectors?
A. Insurance and Asset Management
B. Housing Finance and Leasing
C. Mutual Funds and Microfinance
D. NBFCs and Cooperative Banks
E. Credit Cards and Digital Payments
Answer: A. Insurance and Asset Management
Explanation: RBI plans to allow banks to form subsidiaries freely, except in insurance and asset management, which still require approvals from IRDAI and SEBI respectively.
7. Which countries are among the first where RBI aims to establish direct rupee reference rates?
A. UAE, Indonesia, Mauritius
B. Japan, UK, USA
C. Qatar, Oman, Saudi Arabia
D. Bangladesh, Nepal, Bhutan
E. China, Russia, Brazil
Answer: A. UAE, Indonesia, Mauritius
Explanation: RBI is promoting rupee internationalisation by establishing direct rupee reference rates with major trade partners like UAE, Indonesia, and Mauritius to reduce USD dependence.
8. Which monthly GST form is used by taxpayers to declare outward and inward supplies along with ITC?
A. GSTR-1
B. GSTR-2A
C. GSTR-3B
D. GSTR-4
E. GSTR-9
Answer: C. GSTR-3B
Explanation: GSTR-3B is a monthly self-declaration form used by GST-registered taxpayers to report summary details of supplies, Input Tax Credit (ITC), and tax payments.
9. The upgraded Unclaimed Shares Portal 2.0 is being developed under which authority?
A. SEBI
B. RBI
C. IEPFA
D. MCA21
E. NITI Aayog
Answer: C. IEPFA
Explanation: The Investor Education and Protection Fund Authority (IEPFA) under the Ministry of Corporate Affairs is launching Portal 2.0, integrating AI and Aadhaar KYC to speed up unclaimed share settlements.
10. Which government scheme promotes efficient irrigation and water-use efficiency under climate-resilient agriculture?
A. PM-KISAN
B. PM-Krishi Sinchayee Yojana (PMKSY)
C. PM-Fasal Bima Yojana
D. Rashtriya Krishi Vikas Yojana
E. Soil Health Card Scheme
Answer: B. PM-Krishi Sinchayee Yojana (PMKSY)
Explanation: PMKSY aims to improve irrigation coverage and water-use efficiency, making agriculture more climate-resilient and sustainable through techniques like drip irrigation and rainwater harvesting.
