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Daily Current Affairs
28 August, 2025
1. Which initiative was launched by NHAI to support the education of children of toll plaza employees?
a) Project Shiksha
b) Project Aarohan
c) Project Vidya
d) Project Udaan
e) Project Pragati
Answer: b) Project Aarohan
Explanation: NHAI, in collaboration with Vertis Infrastructure Trust, launched Project Aarohan to provide scholarships, mentorship, and career guidance to children of toll plaza employees.
2. Dhruva Space and Skyroot Aerospace recently launched their satellites on which rocket?
a) PSLV
b) GSLV Mk-III
c) Falcon 9
d) Long March 5
e) Ariane 5
Answer: c) Falcon 9
Explanation: Two Indian startups, Dhruva Space and Skyroot Aerospace, launched their satellites via SpaceX’s Falcon 9 rocket under the Transporter-12 mission.
3. The PM SVANidhi scheme has been extended till which year?
a) 2027
b) 2028
c) 2029
d) 2030
e) 2032
Answer: d) 2030
Explanation: The Union Cabinet extended the PM SVANidhi scheme, supporting street vendors with collateral-free loans, till March 31, 2030.
4. Under Project Kusha, India will begin testing interceptor missiles in which year?
a) 2025
b) 2026
c) 2027
d) 2028
e) 2030
Answer: b) 2026
Explanation: Testing of interceptor missiles under Project Kusha will begin in 2026 with M1 missiles (150 km range).
5. The BioE3 Policy aims to expand India’s bioeconomy to what value by 2030?
a) $150 billion
b) $200 billion
c) $250 billion
d) $300 billion
e) $400 billion
Answer: d) $300 billion
Explanation: The BioE3 (Biotechnology for Economy, Environment & Employment) Policy targets a $300 billion bioeconomy by 2030, promoting R&D and job creation.
6. According to EY, India is projected to become the world’s 2nd-largest economy by which year?
a) 2030
b) 2032
c) 2035
d) 2038
e) 2040
Answer: d) 2038
Explanation: The EY Economy Watch (Aug 2025) predicts India will become the 2nd-largest economy by 2038 with a GDP (PPP) of $34.2 trillion.
7. What is the minimum investment ticket size for Specialised Investment Funds (SIFs)?
a) â‚ą1 lakh
b) â‚ą5 lakh
c) â‚ą10 lakh
d) â‚ą25 lakh
e) â‚ą50 lakh
Answer: c) â‚ą10 lakh
Explanation: SEBI introduced SIFs in April 2025 with a minimum investment size of â‚ą10 lakh for sophisticated investors.
8. SEBI recently restricted “finfluencers” from using which of the following in their training content?
a) Company balance sheets
b) Stock prices older than 1 year
c) Stock prices older than 3 months
d) Live prices and near-term stock tips
e) Government bond yields
Answer: d) Live prices and near-term stock tips
Explanation: SEBI’s January 2025 circular banned finfluencers from sharing live stock prices, recent tips, return guarantees, or coded advice.
9. Which bank has been appointed as the sole advisor for the government’s stake dilution in PSBs?
a) Morgan Stanley
b) Goldman Sachs
c) Citi Bank
d) HSBC
e) JP Morgan
Answer: b) Goldman Sachs
Explanation: The Government of India appointed Goldman Sachs as the sole advisor for stake dilution in four PSBs – UCO Bank, Central Bank of India, Punjab & Sind Bank, and IOB.
10. The Unity Bank BharatPe Credit Card operates on which network?
a) Visa
b) MasterCard
c) RuPay
d) American Express
e) Discover
Answer: c) RuPay
Explanation: BharatPe, in partnership with Unity Bank, launched a lifetime-free credit card on the NPCI RuPay network with UPI integration.
