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Daily Current Affairs Quiz: 26 & 27 October 2025

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1. Who is the current Chairperson of the Lokpal of India as of 2025?

A) Justice Pinaki Chandra Ghose
B) Justice A.M. Khanwilkar
C) Justice Ranjan Gogoi
D) Justice N.V. Ramana
E) Justice Deepak Misra

Answer: B) Justice A.M. Khanwilkar

Explanation: Justice A.M. Khanwilkar, former Supreme Court judge, is the current Chairperson of the Lokpal of India (as of 2025). The Lokpal investigates corruption cases against high-level public officials under the Lokpal and Lokayuktas Act, 2013.

2. The Government of India’s plan to integrate RNI, CBC, and PIB aims to—

A) Reduce media licenses
B) Create a unified communication system
C) Merge private and public broadcasters
D) Establish an advertising regulator
E) Control social media content

Answer: B) Create a unified communication system

Explanation: The integration of RNI, CBC, and PIB under the Ministry of Information and Broadcasting is intended to create a unified, transparent, and responsive media communication framework for better coordination and verified government information dissemination.

3. The ‘Trishul’ military exercise involves which of the following?

A) Indian Army and Navy only
B) Indian Air Force only
C) Army, Navy, and Air Force jointly
D) Navy and Coast Guard
E) Air Force and DRDO

Answer: C) Army, Navy, and Air Force jointly

Explanation: Exercise ‘Trishul’ is a tri-service exercise involving the Indian Army, Navy, and Air Force, conducted along India’s western front to enhance joint operational readiness and interoperability.

4. The Pradhan Mantri Kaushal Mudra Yojana (PMKMY) combines which two flagship schemes?

A) PMAY and PMJDY
B) PMKVY and PMMY
C) PMEGP and PMFBY
D) PMGDISHA and Skill India
E) PM-SVANidhi and PM-Kisan

Answer: B) PMKVY and PMMY

Explanation: PMKMY integrates the Pradhan Mantri Kaushal Vikas Yojana (skill development) and Pradhan Mantri Mudra Yojana (collateral-free loans) to link skill training with financial support for youth and entrepreneurs.

5. The Maha MedTech Mission has been launched in collaboration with which organization?

A) WHO
B) NITI Aayog
C) Bill & Melinda Gates Foundation
D) World Bank
E) UNICEF

Answer: C) Bill & Melinda Gates Foundation

Explanation: The Maha MedTech Mission is launched by ANRF, ICMR, and the Bill & Melinda Gates Foundation to promote innovation, affordability, and indigenization in India’s medical technology sector.

6. India’s forex reserves recently crossed the $700 billion mark primarily due to—

A) Decline in imports
B) Rise in global oil prices
C) Increase in gold reserves
D) Surge in foreign currency assets
E) Growth in FDI inflows

Answer: C) Increase in gold reserves

Explanation: India’s forex reserves surpassed $700 billion for the first time, largely due to higher gold prices and increased gold acquisitions by the RBI, strengthening India’s external sector resilience.

7. The Life Insurance Corporation of India (LIC) operates under the regulatory oversight of—

A) SEBI and RBI
B) SEBI and IRDAI
C) RBI and PFRDA
D) IRDAI and NABARD
E) Ministry of Finance only

Answer: B) SEBI and IRDAI

Explanation: LIC’s investment decisions are autonomous and governed by SEBI (for market operations) and IRDAI (for insurance regulation), ensuring transparency and policyholder protection.

8. The bullion index ‘Bulldex’ is associated with which commodity exchange?

A) NCDEX
B) NSE
C) BSE
D) MCX
E) ICEX

Answer: D) MCX

Explanation: The Multi Commodity Exchange (MCX) launched options trading on its bullion index ‘Bulldex,’ which tracks gold and silver futures to provide better hedging opportunities for investors.

9. Parametric Insurance is mainly designed to—

A) Provide fixed interest loans to farmers
B) Offer payouts based on predefined climatic parameters
C) Replace traditional bank insurance
D) Cover industrial machinery damage
E) Manage crop storage costs

Answer: B) Offer payouts based on predefined climatic parameters

Explanation: Parametric insurance provides automatic payouts when specific weather parameters (like rainfall, temperature) exceed thresholds, offering fast, transparent relief to farmers affected by climate shocks.

10. The National Seeds Corporation (NSC) recently launched which digital platform to improve seed distribution?

A) Krishi Portal 3.0
B) Beej Bharat App
C) Seed Management 2.0
D) Kisan Connect 2.0
E) AgriTrack Online

Answer: C) Seed Management 2.0

Explanation: NSC introduced Seed Management 2.0 and an online seed booking portal to enhance transparency, traceability, and real-time access to certified seeds for farmers across India.

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