Daily Current Affairs Quiz24 & 25 August, 2025 National Affairs 1. Integrated Air Defence Weapon System (IADWS) Context: The Defence Research and Development Organisation (DRDO) has successfully conducted the first flight tests of the Integrated Air Defence Weapon System (IADWS), a key project under Mission Sudarshan Chakra. This marks a significant step towards India’s goal of developing an indigenous, multi-layered air defence shield. Mission Sudarshan Chakra: Integrated Air Defence Weapon System (IADWS): What it is? Aim Read more>> TOI 2. ISRO Successfully Conducts First Integrated Air Drop Test (IADT-1) Context: The Indian Space Research Organisation (ISRO) has successfully completed the Integrated Air Drop Test (IADT-01) to validate the parachute-based recovery system of the Gaganyaan crew module, a crucial milestone in India’s first human spaceflight programme. ISRO Integrated Air Drop Test (IADT-01) What it is? Aim Read more>> TH 3. Global Warming Curtailing Workers’ Productivity: WHO-WMO Report Context: A joint report by the World Health Organization (WHO) and the World Meteorological Organization (WMO) warns that rising global temperatures are increasingly harming workers’ health and reducing productivity worldwide. Key Highlights: Read more>> ET 4. Sundarbans Tiger Reserve (STR) Becomes India’s 2nd-Largest Tiger Reserve Context: National Board of Wildlife (NBWL), led by the Union minister of Environment, Forest and Climate Change, approved the West Bengal government’s proposal to increase the area of Sundarbans Tiger Reserve (STR). STR has become India’s second-largest tiger reserve. Total area now: 3,629.57 sq km, up from its previous rank of seventh in size among tiger reserves. Significance Establishment Read more>> The Print Banking/Finance 1. SEBI Proposes Closing Auction Session (CAS) for Derivative Stocks Context: The Securities and Exchange Board of India (SEBI) has proposed introducing a Closing Auction Session (CAS) initially for stocks deriving from derivatives to streamline and stabilize how closing prices are determined in the stock market. Closing Auction Session (CAS) The Closing Auction Session (CAS) is a process used by stock exchanges to decide the final price of a share at the end of the trading day. It ensures fair price discovery by consolidating buy and sell orders into a single closing price. Key Features: ET 2. SEBI Seeks States’ Help to Combat Cyber Fraud in Securities Market Context: SEBI Chairman Tuhin Kanta Pandey has urged state governments to collaborate in tackling rising cyber frauds in the securities market, particularly those exploiting social media platforms to mislead investors. Key Highlights: Additional Protective Measures TOI 3. Pradhan Mantri Jan-Dhan Yojana (PMJDY) Context: Pradhan Mantri Jan-Dhan Yojana, launched on August 28, 2014, has become the cornerstone of India’s financial inclusion agenda. It has dramatically expanded access to banking services, especially for rural and marginalized communities, and underpins the JAM (Jan-Dhan–Aadhaar–Mobile) trinity enabling direct benefit transfers (DBTs). Pradhan Mantri Jan-Dhan Yojana (PMJDY) Launched on 28 August 2014, PMJDY is the Government of India’s flagship financial inclusion programme aimed at providing universal access to banking services. Key Objectives Key Features 4. Crisil Removes Watch Negative Tag for IndusInd Bank’s Long-Term Ratings Context: Rating agency Crisil has removed IndusInd Bank’s long-term debt instruments from the “watch with negative implications” list and reaffirmed the ratings. Key Highlights: BS 5. SEBI Approves Reclassification of LIC as Public Shareholder in IDBI Bank Context: The Securities and Exchange Board of India (SEBI) has approved the reclassification of the Life Insurance Corporation of India (LIC) as a public shareholder in IDBI Bank following the completion of its strategic disinvestment. SEBI’s clearance enables LIC to be treated as a public shareholder post-divestment. What changes with this reclassification? Why is this important? Mint 6. South Indian Bank Launches ‘SIB Gold Xpress’ Context: South Indian Bank has introduced a new gold loan product, ‘SIB Gold Xpress’, aiming to offer quick and transparent credit access. Target Audience & Advantages: What’s New: ET 7. IndusInd Bank Signs MoU with NSIC to Boost MSME Credit Delivery Context: IndusInd Bank has signed a Memorandum of Understanding (MoU) with the National Small Industries Corporation (NSIC), a Government of India enterprise under the Ministry of MSME, to enhance financial access for micro, small, and medium enterprises (MSMEs). Key Highlights: About IndusInd Bank: BS 8. SBI Launches Centre of Excellence for MSMEs at Gurugram Academy Context: State Bank of India (SBI) has inaugurated a Centre of Excellence (CoE) for MSMEs at its State Bank Academy (SBA) in Gurugram to strengthen the MSME ecosystem through capacity building, research, and industry collaboration. Key Highlights: BL Agriculture 1. VOPPA Regulation Order, 2025 Context: On August 1, 2025, the Government of India unveiled the Vegetable Oil Products, Production and Availability (VOPPA) Regulation Order, 2025, replacing the 2011 framework under the Essential Commodities Act, 1955. This policy aims to improve oversight and transparency in the edible oil sector, a critical commodity in India’s food supply chain. Key Features of VOPPA 2025 BL 2. Union Government Launches Pilot Project to Boost Fisheries in Kuttanad, Kerala Context: Union Minister of State for Fisheries, Animal Husbandry and Dairying, and Minority Affairs, Shri George Kurian, announced a pilot project to enhance livelihood opportunities for fish farmers in the Kuttanad region of Kerala. The decision was taken at a consultative meeting held at ICAR-Central Marine Fisheries Research Institute (CMFRI), Kochi. Key Highlights: Fish Farmers Producers Organizations (FFPOs) PIB Science & Tech 1. ICMR Launches Portable Brain Injury Diagnostic Device ‘CEREBO’ Context: The Indian Council of Medical Research (ICMR) has introduced CEREBO, a portable, non-invasive diagnostic device aimed at reducing mortality and disability due to traumatic brain injuries (TBI), particularly in rural and resource-limited settings. About CEREBO: TH Facts To Remember 1. India sweeps mixed air rifle gold medals It was a sweep of the air rifle mixed team gold medals for India as it won the three events, including juniors and youth, in the 16th Asian shooting championship in Shymkent, Kazakhstan. 2. Chikitha, Sharvari strike gold Chikitha Taniparthi became the first Indian compound archer to win the women’s under-21 individual title at the World youth archery championships in Winnipeg, Canada. 3. Aishwary Pratap wins gold in rifle 3-position event Aishwary Pratap Singh Tomar beat the qualification