Daily Current Affairs May 10 & 11

Dear Champions, as you all know that a lot of competitive exams have been notified consequently. Candidates have to prepare themselves according to the level of competition and expectation of the Recruitment board. Regarding that one of the most important topic is Daily Current Affairs May 10 & 11. Current Affairs in the form of contemporary events of national & international play a crucial role in almost every competitive exams like Banking, Insurance, SSC, UPSC, TNPSC, Railway etc.

Current affairs are the most dynamic yet scoring among all sections and need to be prepared from the right source. Here, we cafunsta team, providing Daily GK Updates, Current Affairs Questions, and Monthly current affairs pdf.

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May 10 & 11 | Daily Current Affairs 2025

Important Days – Daily Current Affairs May 10 & 11

1. Which of the following organizations is NOT involved in organizing World Migratory Bird Day (WMBD)?
A) CMS
B) AEWA
C) UNEP
D) EFTA
E) EAAFP
Answer: C) UNEP

Event and Location:

• Event: Theme announcement for World Migratory Bird Day (WMBD) 2025
• Location: Global (Theme declared by organizing partners on 14 November 2024)

Mandates and Objectives:

• Primary Aim: Promote the creation of bird-friendly urban and rural environments.
• Conservation Focus: Mitigate urbanization threats and raise awareness on migratory bird protection.
• Awareness Objective: Encourage strategic urban planning and community participation to protect migratory birds.

Important Terms Explained:

• World Migratory Bird Day (WMBD): A biannual global campaign to raise awareness about the conservation of migratory birds and their habitats.
• CMS (Convention on Migratory Species): An international treaty that provides a global platform for the conservation of migratory species and their habitats.
• AEWA (African-Eurasian Migratory Waterbird Agreement): A regional treaty under CMS focusing on the protection of migratory waterbirds in Africa and Eurasia.
• EFTA (Environment for the Americas): An organization supporting environmental education and bird conservation across the Americas.
• EAAFP (East Asian–Australasian Flyway Partnership): A cooperative effort to conserve migratory waterbirds and their habitats across Asia and Australasia.
• Bird-Friendly Cities: Urban areas designed or adapted to minimize harm to birds through green spaces, bird-safe buildings, and noise/light pollution control.

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2. When will Mother’s Day be celebrated in 2025 in most countries including India and the United States?
A) May 10, 2025
B) May 9, 2025
C) May 11, 2025
D) May 12, 2025
E) May 8, 2025
Answer: C) May 11, 2025

Event and Location:

• Event: Mother’s Day 2025 Celebration
• Location: Celebrated globally; primarily observed on the second Sunday of May in countries like India, the USA, Canada, Australia, and many others

Mandates and Objectives:

• Emotional Recognition: Acknowledge the selfless love, strength, and care offered by mothers and maternal figures.
• Cultural Observance: Promote appreciation through gifts, family time, acts of service, and emotional tributes.
• Advocacy Platform: In some countries, it is also a day to raise awareness about maternal health, women’s rights, and caregiver support systems.

Important Terms Explained:

• Mother’s Day (Modern): Initiated by Anna Jarvis in 1908 in the United States and officially recognized in 1914 by President Woodrow Wilson.
• Mothering Sunday (Traditional): A 16th-century English Christian tradition where families visited their “mother church,” often coinciding with family reunions.
• Carnation: Official flower of Mother’s Day—red symbolizes living mothers, white honors deceased ones.
• Maternal Figures: Beyond biological mothers, the term includes stepmothers, grandmothers, adoptive mothers, and caregivers fulfilling a maternal role.

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Banking and Finance – Daily Current Affairs May 10 & 11

3. Which global credit rating agency upgraded India’s sovereign rating to ‘BBB’ with a Stable Outlook in May 2025?
A) Moody’s Investors Service
B) Fitch Ratings
C) Morningstar DBRS
D) S&P Global Ratings
E) CRISIL
Answer: C) Morningstar DBRS

Event and Location:

• Event: India’s sovereign credit rating upgraded to ‘BBB’ with Stable Outlook
• Location: India, assessed by Morningstar DBRS

Mandates and Objectives:

• Primary Aim: Reflect India’s economic reforms, macroeconomic stability, and investor-friendly environment
• Secondary Goals: Boost global investor confidence, lower borrowing costs, and enhance India’s international credit profile
• Scope of Upgrade: Long-term and short-term foreign and local currency issuer ratings

Important Terms Explained:

• Sovereign Credit Rating: An assessment of a country’s ability to meet its debt obligations, influencing investor confidence and borrowing costs.
• BBB Rating: A medium-grade investment level indicating moderate credit risk and financial stability.
• Fiscal Consolidation: The process of reducing fiscal deficit and controlling public debt through policy measures.
• Capital Adequacy Ratio: A key banking metric indicating the capital a bank holds against its risk-weighted assets, reflecting financial health.
• NPA (Non-Performing Asset): Loans that are in default or in arrears, with lower NPAs indicating healthier banking operations.

Tabular Summary:

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4. Which public sector bank contributed over 40% of the total ₹1.78 lakh crore profit posted by PSBs in FY25?
A) Punjab National Bank
B) Bank of Baroda
C) Union Bank of India
D) State Bank of India
E) Indian Bank
Answer: D) State Bank of India

Event and Location:

• Event: Record profit of ₹1.78 lakh crore by Public Sector Banks (PSBs) in FY25
• Location: Across India

Mandates and Objectives:

• Profitability Goal: Strengthen public sector banks’ financial health through strategic reforms and recapitalisation.
• Reform Strategy: Implement the 4Rs strategy — Recognition of NPAs, Resolution, Recapitalisation, and Reforms.
• Turnaround Objective: Transform PSBs from high-loss entities in FY18 to profit-generating institutions in FY25.

Important Terms Explained:

• Public Sector Banks (PSBs): Banks where the majority stake (over 50%) is held by the Government of India.
• 4Rs Strategy: Government’s strategic plan to restore PSB health—Recognising bad loans, Resolving NPAs, Recapitalising banks, and implementing Reforms in governance and lending.
• Recapitalisation: Infusing capital into banks by the government to improve their balance sheets and ensure regulatory compliance.
• Non-Performing Assets (NPAs): Loans or advances where the borrower has stopped making interest or principal repayments for a certain period, reflecting potential loss to the lender.

Tabular Summary:

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5. Which two banks were fined by the RBI in May 2025 for regulatory non-compliance?
A) HDFC Bank and Yes Bank
B) ICICI Bank and Bandhan Bank
C) State Bank of India and Jana Small Finance Bank
D) Punjab National Bank and Axis Bank
E) Bank of Baroda and Ujjivan SFB
Answer: C) State Bank of India and Jana Small Finance Bank

Event and Location:

• Event: RBI imposes monetary penalties on State Bank of India (SBI) and Jana Small Finance Bank
• Location: Across India (RBI Headquarters: Mumbai)

Mandates and Objectives:

• Regulatory Enforcement: Ensure strict compliance with the Banking Regulation Act, 1949 and RBI’s operational directives.
• Customer Protection: Emphasize limits on customer liability in cases of unauthorized electronic transactions.
• Financial Discipline: Maintain integrity in loan disbursal, current account management, and statutory banking norms.

Important Terms Explained:

• Banking Regulation Act, 1949: A law that governs the functioning and regulation of all banks in India, providing RBI the authority to impose penalties for non-compliance.
• Customer Protection – Limiting Liability: RBI directive that limits the financial liability of customers for losses due to unauthorized digital transactions, provided certain reporting conditions are met.
• Current Account Opening Guidelines: RBI restrictions to ensure banks do not open current accounts in violation of credit exposure rules and to avoid diversion of funds.
• Statutory and Other Restrictions on Loans and Advances: Rules that govern the lending practices of banks to prevent misuse, overexposure, or conflicts of interest.

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Awards – Daily Current Affairs May 10 & 11

6. Which newspaper received the 2025 UNESCO/Guillermo Cano World Press Freedom Prize for its fearless journalism under government repression?
A) El País
B) La Nación
C) La Prensa
D) The Washington Post
E) Clarín
Answer: C) La Prensa

Event and Location:

• Event: Awarding of the UNESCO/Guillermo Cano World Press Freedom Prize 2025
• Location: Nicaragua (Recipient – La Prensa)

Mandates and Objectives:

• Award Purpose: Recognize extraordinary contributions to the defense and promotion of press freedom.
• La Prensa’s Recognition: Honor its resilience and dedication to independent journalism amidst severe governmental repression.
• Awareness Goal: Raise global attention to the press freedom crisis in Nicaragua under authoritarian rule.

Important Terms Explained:

• UNESCO/Guillermo Cano World Press Freedom Prize: Established in 1997 by UNESCO, this prize honors journalists or media institutions that have shown exceptional courage in defending press freedom.
• Guillermo Cano Isaza: A Colombian journalist assassinated in 1986 for exposing drug cartels, symbolizing the risks journalists face globally.
• La Prensa: Nicaragua’s oldest daily newspaper, founded in 1926, known for its commitment to truth even under violent political pressure.
• Press Freedom Day: Observed on May 3rd annually to celebrate media independence and remember journalists facing persecution.

Tabular Summary:

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Science and Technology – Daily Current Affairs May 10 & 11

7. Where has India inaugurated its new BrahMos missile production facility in May 2025?
A) Hyderabad
B) Nagpur
C) Lucknow
D) Bengaluru
E) Pune
Answer: C) Lucknow

Event and Location:

• Event: Inauguration of BrahMos missile production unit
• Location: Lucknow, Uttar Pradesh, India

Mandates and Objectives:

• Strategic Aim: Enhance India’s defence manufacturing capabilities amid regional security concerns.
• Technological Objective: Deploy advanced aerospace technologies to boost indigenous missile production.
• Employment Goal: Generate direct and indirect employment in the defence and aerospace sectors.

Important Terms Explained:

• BrahMos Missile: A supersonic cruise missile developed through a joint venture between India’s DRDO and Russia’s NPO Mashinostroyenia. Known for its speed, precision, and versatility across land, sea, and air platforms.
• Defence Corridor: A government-led initiative to develop defence manufacturing zones across key Indian states, offering incentives, infrastructure, and land support to defence firms.
• BrahMos Aerospace: A joint venture responsible for the production and innovation of the BrahMos missile system, contributing significantly to India’s strategic defence strength.

Tabular Summary:

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8. Where is the Quantum Valley Tech Park, featuring India’s largest quantum computer, being developed through the IBM–TCS collaboration?
A) Hyderabad
B) Bengaluru
C) Pune
D) Amaravati
E) Gurugram
Answer: D) Amaravati

Event and Location:

• Event: Launch of the Quantum Valley Tech Park through a collaboration between IBM, TCS, and the Andhra Pradesh Government
• Location: Amaravati, Andhra Pradesh

Mandates and Objectives:

• National Quantum Vision: Support the goals of India’s National Quantum Mission (2023–2031) by establishing a globally competitive quantum ecosystem.
• Innovation Focus: Advance applied quantum research in sectors like cryptography, life sciences, materials science, and public governance.
• Skilling and Employment: Create a talent pool and generate high-skilled employment in quantum technology and advanced computing sectors.
• Global Integration: Attract international researchers and investment into India’s quantum technology space.

Important Terms Explained:

• Quantum Computing: A technology that uses quantum bits (qubits) to perform calculations at speeds far beyond classical computers, enabling breakthroughs in various scientific and industrial fields.
• Heron Processor: IBM’s latest 156-qubit quantum processor housed in Quantum System Two, designed to scale and support large quantum applications.
• National Quantum Mission: India’s flagship initiative (2023–2031) to invest in R&D and ecosystem development for quantum technologies across computing, sensing, communication, and materials.
• Quantum Valley Tech Park: India’s first dedicated park for quantum computing research and innovation, serving as a technology and investment hub.

Tabular Summary:

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International Affairs – Daily Current Affairs May 10 & 11

9. Which two countries recently concluded the first round of Free Trade Agreement (FTA) negotiations in May 2025?
A) India and Australia
B) India and Canada
C) India and New Zealand
D) India and the UK
E) India and South Korea
Answer: C) India and New Zealand

Event and Location:

• Event: First round of India–New Zealand Free Trade Agreement (FTA) negotiations concluded
• Location: New Delhi, India

Mandates and Objectives:

• Primary Aim: To build a balanced and mutually beneficial Free Trade Agreement that deepens bilateral trade and investment.
• Trade Focus: Enhance cooperation in goods, services, agriculture, technology, and economic facilitation.
• Economic Objective: Create predictable and simplified trade conditions to encourage global supply chain integration and bilateral investments.

Important Terms Explained:

• Free Trade Agreement (FTA): A pact between two or more countries to reduce or eliminate trade barriers such as tariffs, quotas, and import regulations to encourage cross-border trade and investment.
• Trade Facilitation: Simplification and streamlining of import and export procedures, customs regulations, and logistics to make trade faster and more efficient.
• Merchandise Trade: The exchange of physical goods between countries, measured in monetary value to assess trade volume and trends.

Tabular Summary:

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10. At which global event did India highlight its forest conservation achievements and invite participation in the International Big Cat Alliance in May 2025?
A) COP28
B) G20 Environment Ministers’ Meeting
C) United Nations Forum on Forests (UNFF20)
D) UNEP Biodiversity Summit
E) World Forestry Congress
Answer: C) United Nations Forum on Forests (UNFF20)

Event and Location:

• Event: 20th Session of the United Nations Forum on Forests (UNFF20)
• Location: United Nations Headquarters, New York

Mandates and Objectives:

• Sustainability Focus: Showcase India’s contributions to the United Nations Strategic Plan for Forests 2017–2030.
• International Collaboration: Promote global efforts in forest fire management and big cat conservation.
• Restoration Goal: Advocate for sustainable forest management and restoration of degraded forest landscapes.
• Policy Integration: Highlight the role of ecosystem valuation in national-level forest governance planning.

Important Terms Explained:

• United Nations Forum on Forests (UNFF): A UN functional body focused on the sustainable management, conservation, and development of all types of forests.
• International Big Cat Alliance (IBCA): An India-led global platform to protect and conserve seven big cat species — tiger, lion, leopard, snow leopard, puma, jaguar, and cheetah.
• Green India Mission: A key component of India’s National Action Plan on Climate Change aimed at enhancing forest-based ecosystem services and increasing forest cover.
• Ecosystem Valuation: A method to assign economic value to ecosystem services, helping integrate natural capital into policy and planning.
• Ek Ped Maa Ke Naam: A national campaign encouraging citizens to plant trees in honor of their mothers, contributing to large-scale afforestation.

Tabular Summary:

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National Affairs – Daily Current Affairs May 10 & 11

11. Which scheme was recently expanded by the Government of India to enhance financial support and credit access for startups?
A) Stand-Up India Scheme
B) Startup India Seed Fund Scheme
C) Credit Guarantee Scheme for Startups
D) Pradhan Mantri Mudra Yojana
E) Atal Innovation Mission
Answer: C) Credit Guarantee Scheme for Startups

Event and Location:

• Event: Expansion of the Credit Guarantee Scheme for Startups (CGSS)
• Location: Nationwide, India

Mandates and Objectives:

• Primary Aim: Improve capital mobilization and financial access for startups through enhanced loan guarantees.
• Innovation Support: Catalyze innovation by reducing financial barriers for early-stage startups.
• Lender Encouragement: Reduce lending risks to encourage financial institutions to support high-risk, innovation-driven ventures.

Important Terms Explained:

• Credit Guarantee Scheme for Startups (CGSS): A government initiative launched in 2022 to provide collateral-free debt funding for startups via credit guarantees.
• Guarantee Cover: A percentage of the loan amount that the government guarantees to repay if the borrower defaults.
• Annual Guarantee Fee (AGF): A yearly fee paid by lenders/startups to avail of the credit guarantee facility; reduced for Champion Sectors.
• Champion Sectors: Sectors identified under ‘Make in India’ that are strategically important for economic growth and self-reliance.
• Make in India: A national program to transform India into a global manufacturing and innovation hub.

Tabular Summary:

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12. What is the updated Maternal Mortality Ratio (MMR) for India as per the 2019–21 data released by the Registrar General of India?
A) 97 per lakh live births
B) 103 per lakh live births
C) 93 per lakh live births
D) 88 per lakh live births
E) 70 per lakh live births
Answer: C) 93 per lakh live births

Event and Location:

• Event: Decline in India’s Maternal Mortality Ratio (MMR)
• Location: Nationwide, India (Data by the Office of the Registrar General and Census Commissioner of India)

Mandates and Objectives:

• Health Indicator Goal: Reduce maternal deaths and improve the quality of maternal healthcare services.
• Global Alignment: Align national maternal health policies with UN Sustainable Development Goals (SDGs), targeting an MMR below 70 per 100,000 live births by 2030.
• Equity Focus: Address disparities across states, especially in regions with high MMR.

Important Terms Explained:

• Maternal Mortality Ratio (MMR): The number of maternal deaths per 100,000 live births, reflecting the effectiveness of a country’s maternal healthcare system.
• Sustainable Development Goals (SDGs): A set of global objectives adopted by the United Nations in 2015, including Goal 3.1, which aims to reduce global MMR to below 70 by 2030.
• Maternal Death (WHO Definition): The death of a woman while pregnant or within 42 days of pregnancy termination, due to pregnancy-related complications.

Tabular Summary:

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13. Which ministry in India issued the 2025 order prohibiting the use of key antimicrobials in aquaculture to combat antimicrobial resistance?
A) Ministry of Health and Family Welfare
B) Ministry of Environment, Forest and Climate Change
C) Ministry of Fisheries, Animal Husbandry and Dairying
D) Ministry of Commerce and Industry
E) Ministry of Agriculture and Farmers Welfare
Answer: D) Ministry of Commerce and Industry

Event and Location:

• Event: India bans use of key antimicrobials in aquaculture to tackle antimicrobial resistance (AMR)
• Location: Nationwide, India

Mandates and Objectives:

• AMR Mitigation: Prevent the development and spread of Antimicrobial Resistance (AMR) caused by overuse of antibiotics in aquaculture.
• Food Safety Assurance: Ensure safe seafood production by eliminating harmful residues from food products like fish and shrimp.
• Export Compliance: Align India’s seafood production with international standards, boosting credibility in markets such as the US and China.

Important Terms Explained:

• Antimicrobial Resistance (AMR): The ability of microbes to resist the effects of medications that once killed them, making infections harder to treat.
• Medically Important Antimicrobials: Antibiotics crucial for treating human diseases, as identified by the World Health Organization (WHO).
• Fluoroquinolones, Glycopeptides, Nitrofurans: Classes of antibiotics banned in aquaculture due to their critical importance in human medicine and risk of promoting AMR.
• Aquaculture: The farming of aquatic organisms such as fish, crustaceans, mollusks, and aquatic plants, often involving controlled breeding and rearing practices.

Tabular Summary:

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14. Which state launched the UP AGREES and AI Pragya initiatives in collaboration with the World Bank in May 2025?
A) Maharashtra
B) Karnataka
C) Uttar Pradesh
D) Gujarat
E) Tamil Nadu
Answer: C) Uttar Pradesh

Event and Location:

• Event: Launch of UP AGREES and AI Pragya initiatives
• Location: Uttar Pradesh, India (Initiated in districts across Bundelkhand and Purvanchal)

Mandates and Objectives:

• UP AGREES Objective: Boost climate-resilient, equitable, and sustainable agriculture in 28 districts, promoting tech-enabled and productivity-enhancing practices.
• AI Pragya Objective: Train 10 lakh youth in Artificial Intelligence and digital technologies to strengthen UP’s digital workforce and employment potential.
• Shared Goal: Support UP’s ambition to become a $1 trillion economy through strategic rural development and tech-driven upskilling.

Important Terms Explained:

• UP AGREES: Acronym for Uttar Pradesh Accelerated Growth through Resilient, Equitable and Sustainable Agriculture, focusing on climate-smart farming practices and agricultural modernization.
• AI Pragya: A digital empowerment initiative to provide AI and tech training across sectors like healthcare, governance, and education.
• World Bank: An international financial institution that provides funding and policy guidance to support sustainable development projects worldwide.
• Digital India & Skilling India: National missions aimed at transforming India into a digitally empowered society and skilling the youth for a future-ready workforce.

Tabular Summary:

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Over All Review

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