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Daily Current Affairs
19 July June, 2025
1. Which vessel was recently commissioned as India’s first indigenously built Diving Support Vessel (DSV)?
A) INS Kalvari
B) INS Vikrant
C) INS Nistar
D) INS Shakti
E) INS Sindhuratna
Answer: C) INS Nistar
Explanation: INS Nistar is India’s first indigenously developed Diving Support Vessel (DSV) built by Hindustan Shipyard Ltd. It supports deep-sea submarine rescue operations and enhances India’s underwater capability under the Aatmanirbhar Bharat initiative.
2. Which regulatory body recently proposed a separate framework for passive mutual fund schemes in India?
A) RBI
B) NABARD
C) SEBI
D) IRDAI
E) Ministry of Finance
Answer: C) SEBI
Explanation: SEBI has proposed a new framework for passive mutual funds such as ETFs and index funds to bring more clarity and improve regulation. It also expanded categories for active and solution-oriented schemes.
3. Which financial instrument was recently introduced to stabilize future electricity prices in India?
A) Energy Bonds
B) Power Mutual Funds
C) Electricity Futures
D) Smart Grid ETFs
E) Infra Linked Debentures
Answer: C) Electricity Futures
Explanation: Electricity Futures are cash-settled contracts now introduced in India on platforms like NSE and MCX. These aim to reduce price volatility and enhance power sector efficiency.
4. What is the name of the umbrella agriculture scheme that consolidates 36 existing schemes under one platform?
A) PM-KISAN Samman
B) Bharat Krishi Abhiyan
C) PM Dhan-Dhaanya Krishi Yojana
D) AtmaNirbhar Krishi Mission
E) National Agri Framework
Answer: C) PM Dhan-Dhaanya Krishi Yojana
Explanation: The PMDDKY is a mega agriculture reform initiative integrating 36 schemes across 11 departments with a focus on productivity improvement and sustainable farming.
5. How much is the annual outlay for the PM Dhan-Dhaanya Krishi Yojana over the next six years?
A) â‚ą15,000 crore
B) â‚ą18,000 crore
C) â‚ą20,000 crore
D) â‚ą24,000 crore
E) â‚ą30,000 crore
Answer: D) â‚ą24,000 crore
Explanation: The Government allocated â‚ą24,000 crore per year for six years starting October 2025 under the PMDDKY to uplift low-productivity districts and strengthen agri-infrastructure.
6. Which of the following banks was named “World’s Best Consumer Bank 2025”?
A) ICICI Bank
B) HSBC
C) Bank of America
D) State Bank of India (SBI)
E) HDFC Bank
Answer: D) State Bank of India (SBI)
Explanation: SBI was honored as the “World’s Best Consumer Bank 2025” by Global Finance Magazine for its innovative digital and vernacular banking services.
7. What major change did SEBI propose for active mutual fund categories?
A) Merging all funds into a single category
B) Launch of crypto-linked funds
C) Allowing value and contra funds to co-exist
D) Replacing debt funds with green bonds
E) Scrapping ELSS
Answer: C) Allowing value and contra funds to co-exist
Explanation: SEBI has proposed to allow both value and contra fund schemes under active mutual fund categories, which was previously not allowed.
8. Which bank recently exited the Net-Zero Banking Alliance (NZBA)?
A) SBI
B) Barclays
C) Citibank
D) HSBC
E) Standard Chartered
Answer: D) HSBC
Explanation: HSBC became the first major UK bank to exit NZBA, citing pressure from policymakers. However, it maintains its long-term net-zero targets.
9. What is the new minimum life insurance guarantee under the relaxed EDLI Scheme for EPF members?
A) â‚ą25,000
B) â‚ą50,000
C) â‚ą75,000
D) â‚ą1 lakh
E) â‚ą1.5 lakh
Answer: B) â‚ą50,000
Explanation: The Employees’ Deposit Linked Insurance (EDLI) scheme was revised to provide a minimum insurance cover of â‚ą50,000 to eligible EPF members even if there is a job gap of up to 6 months.
10. What was the approximate size of the retail asset securitisation market in Q1 FY26?
A) â‚ą30,000 crore
B) â‚ą45,000 crore
C) â‚ą50,000 crore
D) â‚ą52,000 crore
E) â‚ą60,000 crore
Answer: D) â‚ą52,000 crore
Explanation: The retail asset securitisation market in India reached ₹52,000 crore in Q1 FY26, with growth led by NBFCs and the launch of India’s first RMBS.
