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Daily Current Affairs Quiz: 13 October 2025

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1. India has upgraded its diplomatic presence in Afghanistan by reopening its mission in Kabul as which of the following?
A. Trade Office
B. Cultural Center
C. Consulate General
D. Embassy
E. High Commission

Answer: D. Embassy

Explanation: India has upgraded its Kabul mission from a technical team to a full-fledged Embassy, reflecting New Delhi’s renewed engagement with Afghanistan while continuing to monitor the security situation.

2. Which Indian state has recently launched a new scheme to promote local handicrafts and handlooms under the “One District One Product” initiative?
A. Uttar Pradesh
B. Odisha
C. Gujarat
D. Tamil Nadu
E. Rajasthan

Answer: A. Uttar Pradesh

Explanation: Uttar Pradesh continues to expand its “One District One Product (ODOP)” scheme to support traditional artisans and boost exports by promoting local handicrafts and handloom industries.

3. Which organization has recently approved a $1.5 billion loan to support India’s infrastructure and climate resilience programs?
A. World Bank
B. IMF
C. ADB (Asian Development Bank)
D. AIIB
E. NDB

Answer: C. ADB (Asian Development Bank)

Explanation: The Asian Development Bank (ADB) sanctioned a $1.5 billion loan to strengthen India’s infrastructure and enhance climate resilience projects under its sustainable development plan.

4. The Reserve Bank of India (RBI) has decided to introduce a new regulatory framework for which category of financial institutions?
A. Small Finance Banks
B. NBFCs
C. Payment Banks
D. Cooperative Banks
E. Regional Rural Banks

Answer: B. NBFCs

Explanation: RBI has rolled out a new scale-based regulatory framework for Non-Banking Financial Companies (NBFCs) to ensure better supervision and risk management in the sector.

5. Which Indian public sector bank has launched the “Nari Shakti Savings Account” aimed at empowering women entrepreneurs?
A. SBI
B. Bank of Baroda
C. Punjab National Bank
D. Canara Bank
E. Indian Bank

Answer: A. SBI

Explanation: State Bank of India (SBI) launched the “Nari Shakti Savings Account” providing special interest rates and benefits for women entrepreneurs to encourage financial inclusion.

6. The Government of India has recently launched the “Credit Guarantee Scheme” for which sector to boost formal credit flow?
A. Agriculture
B. MSME
C. Infrastructure
D. Renewable Energy
E. Education

Answer: B. MSME

Explanation: The Credit Guarantee Scheme for Micro, Small, and Medium Enterprises (MSMEs) was launched to ensure collateral-free loans and strengthen small businesses post-pandemic.

7. According to the latest RBI data, India’s forex reserves have crossed which milestone in 2025?
A. $550 billion
B. $580 billion
C. $600 billion
D. $620 billion
E. $650 billion

Answer: C. $600 billion

Explanation: India’s foreign exchange reserves crossed the $600 billion mark, indicating strong economic fundamentals and stability in external financial buffers.

8. The Government of India has announced the establishment of how many new Farmer Producer Organizations (FPOs) under its new agricultural reforms?
A. 5,000
B. 7,500
C. 8,000
D. 10,000
E. 12,000

Answer: D. 10,000

Explanation: The government aims to form 10,000 new Farmer Producer Organizations (FPOs) to promote collective farming, enhance market access, and improve farmers’ income.

9. Which state has topped the list in total agricultural export value as per the latest APEDA report?
A. Maharashtra
B. Gujarat
C. Karnataka
D. Punjab
E. Andhra Pradesh

Answer: A. Maharashtra

Explanation: Maharashtra has emerged as the top agricultural exporter, particularly in fruits, vegetables, and processed food items, as per the Agricultural and Processed Food Products Export Development Authority (APEDA).

10. The Central Government has increased the Minimum Support Price (MSP) of which crop the most for the 2025–26 marketing season?
A. Wheat
B. Paddy
C. Mustard
D. Cotton
E. Tur (Arhar)

Answer: E. Tur (Arhar)

Explanation: The government raised the MSP of Tur (Arhar) the highest among major crops to encourage pulse cultivation and reduce dependence on imports.

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