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Daily Current Affairs
24 May, 2025
Q1. Which country has been designated as a ‘Major Non-NATO Ally’ by the United States in May 2025?
- A) Brazil
- B) Ukraine
- C) India
- D) Israel
- E) Australia
Answer: B) Ukraine
Explanation: The United States has designated Ukraine as a ‘Major Non-NATO Ally’ in May 2025, strengthening defense ties and facilitating military support amid ongoing regional tensions.
Q2. Which two countries signed a Memorandum of Understanding (MoU) to enhance cooperation in the field of renewable energy in May 2025?
- A) India and Germany
- B) India and France
- C) India and Australia
- D) India and Japan
- E) India and the United Kingdom
Answer: C) India and Australia
Explanation: India and Australia signed an MoU in May 2025 to collaborate on renewable energy projects, focusing on hydrogen production and storage technologies to combat climate change.
Q3. In May 2025, which international organization released a report highlighting the global economic impact of climate change?
- A) World Bank
- B) International Monetary Fund (IMF)
- C) United Nations (UN)
- D) World Economic Forum (WEF)
- E) Organization for Economic Co-operation and Development (OECD)
Answer: A) World Bank
Explanation: The World Bank released a report in May 2025 detailing the economic consequences of climate change, emphasizing the need for immediate action to mitigate its effects on global economies.
Q4. Which Indian state launched the ‘Green India Mission’ aimed at increasing forest cover and biodiversity in May 2025?
- A) Kerala
- B) Maharashtra
- C) Assam
- D) Madhya Pradesh
- E) Uttarakhand
Answer: D) Madhya Pradesh
Explanation: Madhya Pradesh initiated the ‘Green India Mission’ in May 2025 to enhance forest cover, promote biodiversity, and support sustainable livelihoods for forest-dependent communities.
Q5. In May 2025, which Indian ministry launched the ‘Digital Literacy Campaign’ to promote digital skills among rural populations?
- A) Ministry of Education
- B) Ministry of Electronics and Information Technology
- C) Ministry of Rural Development
- D) Ministry of Skill Development and Entrepreneurship
- E) Ministry of Social Justice and Empowerment
Answer: B) Ministry of Electronics and Information Technology
Explanation: The Ministry of Electronics and Information Technology launched the ‘Digital Literacy Campaign’ in May 2025 to equip rural citizens with essential digital skills, bridging the digital divide.
Q6. Which Indian city hosted the ‘National Water Summit 2025’ focusing on sustainable water management practices?
- A) New Delhi
- B) Mumbai
- C) Hyderabad
- D) Chennai
- E) Jaipur
Answer: A) New Delhi
Explanation: New Delhi hosted the ‘National Water Summit 2025’ in May, bringing together policymakers, experts, and stakeholders to discuss sustainable water management and conservation strategies.
Q7. Which Indian bank launched the ‘Green Savings Account’ initiative promoting environmentally friendly banking practices in May 2025?
- A) State Bank of India
- B) HDFC Bank
- C) ICICI Bank
- D) Axis Bank
- E) Punjab National Bank
Answer: C) ICICI Bank
Explanation: ICICI Bank introduced the ‘Green Savings Account’ in May 2025, encouraging customers to adopt paperless banking and supporting environmental sustainability initiatives.
Q8. In May 2025, the Reserve Bank of India (RBI) introduced which digital currency to enhance the efficiency of the payment system?
- A) e-Rupee
- B) Digital Rupee
- C) Bharat Coin
- D) RBI Coin
- E) e-Paisa
Answer: B) Digital Rupee
Explanation: The RBI launched the ‘Digital Rupee’ in May 2025 as a central bank digital currency (CBDC) to improve the efficiency and security of the payment infrastructure in India.
Q9. Which financial institution partnered with the Ministry of Housing and Urban Affairs to provide affordable housing loans under the Pradhan Mantri Awas Yojana (PMAY) in May 2025?
- A) LIC Housing Finance
- B) HDFC Ltd.
- C) State Bank of India
- D) ICICI Bank
- E) National Housing Bank
Answer: A) LIC Housing Finance
Explanation: LIC Housing Finance collaborated with the Ministry of Housing and Urban Affairs in May 2025 to offer affordable housing loans under the PMAY scheme, aiming to make housing accessible to all.
Q10. In May 2025, which Indian fintech company launched a new platform to facilitate cross-border remittances for small businesses?
- A) Paytm
- B) Razorpay
- C) PhonePe
- D) BharatPe
- E) MobiKwik
Answer: B) Razorpay
Explanation: Razorpay introduced a new platform in May 2025 to streamline cross-border remittances, enabling small businesses to receive international payments efficiently and cost-effectively.
