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Daily Current Affairs
23 May, 2025
Q1. Which state has been declared India’s first fully literate state under the ULLAS program?
- A) Kerala
- B) Mizoram
- C) Himachal Pradesh
- D) Sikkim
- E) Goa
Answer: B) Mizoram
Explanation: Mizoram achieved a literacy rate of 98.2%, becoming India’s first fully literate state under the Understanding of Lifelong Learning for All in Society (ULLAS) program. This milestone was accomplished through community-driven education and dedicated government collaboration.
Q2. India assumed the chairmanship of which organization during its 67th Governing Body Meeting in Jakarta?
- A) SAARC
- B) ASEAN
- C) Asian Productivity Organization
- D) BRICS
- E) BIMSTEC
Answer: C) Asian Productivity Organization
Explanation: India took over the chairmanship of the Asian Productivity Organization (APO) for the 2025–26 term during the 67th Session of the APO’s Governing Body Meeting held in Jakarta, Indonesia.
Q3. Which tool did the Department of Telecommunications introduce to combat financial fraud?
- A) Fraud Alert System
- B) Financial Safety Net
- C) Financial Fraud Risk Indicator (FRI)
- D) SecurePay
- E) Cyber Shield
Answer: C) Financial Fraud Risk Indicator (FRI)
Explanation: The Department of Telecommunications introduced the Financial Fraud Risk Indicator (FRI), a risk-based metric that classifies mobile numbers based on their association with financial fraud, aiding in the prevention of cyber fraud.
Q4. What is the primary function of the Financial Fraud Risk Indicator (FRI)?
- A) To monitor stock market fluctuations
- B) To classify mobile numbers based on fraud risk
- C) To track internet usage patterns
- D) To assess credit scores
- E) To detect malware in devices
Answer: B) To classify mobile numbers based on fraud risk
Explanation: The FRI is designed to classify mobile numbers into categories like Medium, High, or Very High risk based on their association with financial fraud, helping stakeholders prioritize enforcement and customer protection measures.
Q5. Which company launched India’s first unified payment gateway for SMBs and startups in May 2025?
- A) Razorpay
- B) Paytm
- C) EnKash
- D) CCAvenue
- E) Instamojo
Answer: C) EnKash
Explanation: EnKash launched India’s first unified payment gateway tailored for Small and Medium-sized Businesses (SMBs) and startups, aiming to streamline payment processes for these enterprises.
Q6. What is the primary objective of EnKash’s new payment gateway?
- A) To offer personal loans
- B) To provide insurance services
- C) To streamline payment processes for SMBs and startups
- D) To facilitate stock trading
- E) To manage cryptocurrency transactions
Answer: C) To streamline payment processes for SMBs and startups
Explanation: EnKash’s payment gateway is designed to offer a unified platform for SMBs and startups to manage both collections and payouts efficiently, enhancing their financial operations.
Q7. Which two organizations partnered to broaden loan access across India in May 2025?
- A) RBI and SBI
- B) India Post Payments Bank and Aditya Birla Capital
- C) HDFC Bank and LIC
- D) ICICI Bank and Bajaj Finserv
- E) Axis Bank and Tata Capital
Answer: B) India Post Payments Bank and Aditya Birla Capital
Explanation: India Post Payments Bank (IPPB) partnered with Aditya Birla Capital Limited to extend easy access to various loan products across the country, leveraging IPPB’s extensive network.
Q8. What was the theme for World Bee Day 2025 celebrated by KVIC?
- A) “Bee Engaged”
- B) “Bee inspired by nature to nourish us all”
- C) “Save the Bees”
- D) “Pollinators and Food Security”
- E) “Honey for Health”
Answer: B) “Bee inspired by nature to nourish us all”
Explanation: The Khadi and Village Industries Commission (KVIC) celebrated World Bee Day 2025 with the theme “Bee inspired by nature to nourish us all,” emphasizing the importance of bees in agriculture and ecology.
Q9. Under KVIC’s Honey Mission, how much honey has been produced, benefiting beekeepers financially?
- A) 10,000 metric tonnes
- B) 15,000 metric tonnes
- C) 20,000 metric tonnes
- D) 25,000 metric tonnes
- E) 30,000 metric tonnes
Answer: C) 20,000 metric tonnes
Explanation: KVIC’s Honey Mission has led to the production of over 20,000 metric tonnes of honey, enabling beekeepers to earn approximately Rs. 325 crore, thereby improving their livelihoods.
Q10. How many bee boxes and bee colonies have been distributed across India under the Honey Mission?
- A) 1 lakh
- B) 1.5 lakh
- C) 2 lakh
- D) 2.5 lakh
- E) 3 lakh
Answer: C) 2 lakh
Explanation: KVIC has distributed more than 2 lakh bee boxes and bee colonies across India under the Honey Mission, promoting beekeeping and enhancing rural employment.