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Daily Current Affairs Quiz: 27 September 2025

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1. The campaign “Ek Din, Ek Ghanta, Ek Saath” launched under Swachhata Hi Seva (SHS) 2025 primarily aims to:
a) Increase foreign investment in sanitation projects
b) Reinforce a people’s movement for cleanliness
c) Privatize waste management systems
d) Introduce new plastic production units
e) Launch smart cities with advanced sewage systems

Answer: b) Reinforce a people’s movement for cleanliness

Explanation: The campaign focuses on mass participation to eliminate garbage-prone areas, maintain cleaner public spaces, and promote sustainable, plastic-free practices.

2. “Prayas” Integrated Neuro-Rehabilitation Centre has been launched by which ministry?
a) Ministry of Health and Family Welfare
b) Ministry of Social Justice and Empowerment
c) Ministry of Ayush
d) Ministry of Education
e) Ministry of Women and Child Development

Answer: c) Ministry of Ayush

Explanation: “Prayas” was launched at the All India Institute of Ayurveda (AIIA), Goa by the Ministry of Ayush. It combines Ayurveda, Yoga, Physiotherapy, Speech & Occupational Therapy under one roof.

3. Under the Foreign Contribution (Regulation) Act, 2010 (FCRA), foreign donations must be received in which bank?
a) Punjab National Bank, Mumbai
b) State Bank of India, New Delhi
c) Reserve Bank of India, Delhi
d) Bank of Baroda, Gandhinagar
e) Canara Bank, Bengaluru

Answer: b) State Bank of India, New Delhi

Explanation: FCRA mandates that all foreign contributions must be received only in a designated account at SBI, New Delhi to ensure transparency and monitoring.

4. In July 2025, RBI refrained from dollar purchases for the first time since 2014. What was the main reason?
a) To increase forex reserves
b) To stabilise the rupee amid depreciation
c) To promote digital banking
d) To strengthen gold reserves
e) To encourage exports

Answer: b) To stabilise the rupee amid depreciation

Explanation: The rupee fell 2.23% in July 2025, so RBI sold $2.54B instead of buying, shifting priority from reserve accumulation to currency stabilisation.

5. On September 23, 2025, the Indian rupee hit its lowest exchange rate of:
a) ₹85.2 per US dollar
b) ₹86.4 per US dollar
c) ₹88.6 per US dollar
d) ₹89.5 per US dollar
e) ₹90.2 per US dollar

Answer: c) ₹88.6 per US dollar

Explanation: The rupee weakened broadly against the USD, euro, and pound, hitting an all-time low of ₹88.6/USD due to trade imbalance, weak inflows, and global financial tightening.

6. Which bank has been authorised to operate as a Trading-Cum-Clearing Member at the India International Bullion Exchange (IIBX), GIFT City?
a) Punjab National Bank
b) Bank of Baroda
c) HDFC Bank
d) Canara Bank
e) State Bank of India

Answer: b) Bank of Baroda

Explanation: Bank of Baroda gained approval from IFSCA to function as a TCM on the bullion exchange at GIFT City for transparent gold and silver trading.

7. According to RBI’s ITBS Survey (2024–25), which location became the new top fee-income hub for Indian banks?
a) Singapore
b) UAE
c) Hong Kong
d) United Kingdom
e) France

Answer: c) Hong Kong

Explanation: Hong Kong overtook the UK as the largest fee-income generator for Indian banks abroad, reflecting a shift in global banking dynamics.

8. In September 2025, which country became the 8th to adopt UPI services for Indian travellers?
a) Sri Lanka
b) Singapore
c) Mauritius
d) Qatar
e) France

Answer: d) Qatar

Explanation: NPCI International and Qatar National Bank enabled UPI payments at Qatar Duty Free, Hamad International Airport, Doha.

9. The Securities and Exchange Board of India (SEBI) recently raised the minimum net worth requirement for custodians to:
a) ₹25 crore
b) ₹50 crore
c) ₹60 crore
d) ₹75 crore
e) ₹100 crore

Answer: d) ₹75 crore

Explanation: SEBI raised custodian net worth from ₹50 crore to ₹75 crore to enhance governance, risk management, and asset safety.

10. Soilification Technology developed at the Central University of Rajasthan is mainly used for:
a) Enhancing crop yield in fertile plains
b) Converting desert sand into soil-like medium
c) Replacing chemical fertilizers with organic manure
d) Creating artificial lakes for irrigation
e) Genetic modification of crops

Answer: b) Converting desert sand into soil-like medium

Explanation: Soilification links sand particles with polymers and bioformulations, boosting water retention and microbial activity, making deserts cultivable.

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