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Daily Current Affairs
29 October, 2025
1. Which chemical is most commonly used in cloud-seeding operations in India?
A. Calcium carbonate
B. Silver iodide
C. Ammonium nitrate
D. Potassium bromide
E. Lithium hydroxide
Answer: B. Silver iodide
Explanation: Cloud seeding uses silver iodide or sodium chloride particles to act as condensation nuclei for artificial rainfall.
2. Which country hosted the 2025 ASEAN and East Asia Summit where India was represented by EAM S. Jaishankar?
A. Singapore
B. Indonesia
C. Thailand
D. Malaysia
E. Vietnam
Answer: D. Malaysia
Explanation: The 2025 ASEAN Summit took place in Kuala Lumpur, Malaysia, where PM Modi addressed virtually.
3. According to the Climate Inequality Report 2025, the global top 1% accounts for what percentage of ownership-based emissions?
A. 10%
B. 21%
C. 41%
D. 55%
E. 75%
Answer: C. 41%
Explanation: The report highlighted that the top 1% globally produces 41% of ownership-based emissions, far higher than their consumption-based share.
4. Who is the Chairperson of the 8th Central Pay Commission (CPC)?
A. Justice A.K. Sikri
B. Justice Ranjana Prakash Desai
C. Rajiv Mehrishi
D. Pankaj Jain
E. Prof. Pulak Ghosh
Answer: B. Justice Ranjana Prakash Desai
Explanation: The 8th CPC is headed by Justice Ranjana Prakash Desai (Retd.), with other members including Prof. Pulak Ghosh and Pankaj Jain.
5. MCX, which recently saw a four-hour trading disruption, was established in which year?
A. 1995
B. 1999
C. 2000
D. 2003
E. 2007
Answer: D. 2003
Explanation: MCX (Multi Commodity Exchange of India) was established in 2003 and is headquartered in Mumbai.
6. What percentage of adjusted net bank credit must Small Finance Banks (SFBs) lend to the priority sector?
A. 25%
B. 40%
C. 60%
D. 75%
E. 90%
Answer: D. 75%
Explanation: SFBs must allocate 75% of their adjusted net bank credit to the priority sector as per RBI regulations.
7. Under SEBI’s proposed reforms, the brokerage cap for cash market trades is reduced to:
A. 0.20%
B. 0.12%
C. 0.05%
D. 0.02%
E. 0.005%
Answer: D. 0.02%
Explanation: SEBI proposes lowering the cash market brokerage cap from 12 bps (0.12%) to 2 bps (0.02%) for mutual funds.
8. Which benchmark rate has largely replaced LIBOR in ECB calculations?
A. MCLR
B. Repo Rate
C. SOFR
D. EONIA
E. EURIBOR
Answer: C. SOFR
Explanation: SOFR (Secured Overnight Financing Rate) is the new global benchmark replacing LIBOR for USD loans including ECBs.
9. Under the RBI’s new nomination rules (effective from 1 Nov 2025), how many nominees can a customer appoint for one account?
A. 1
B. 2
C. 3
D. 4
E. Unlimited
Answer: D. 4
Explanation: Customers can now appoint up to four nominees with clearly defined percentage share in the account or locker.
10. Which of the following agricultural commodities is traded on MCX?
A. Wheat
B. Rice
C. Cotton
D. Sugar
E. Rubber
Answer: C. Cotton
Explanation: MCX trades several agri-commodities, including cotton, mentha oil, cardamom, etc., but not wheat or rice.
