Daily Current Affairs September 12

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 September 12. 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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September 12 | Daily Current Affairs 2025

Banking and Finance – Daily Current Affairs September 12

1. What is the maximum B30 incentive amount that a distributor can earn for bringing in a new mutual fund investor as per SEBI’s revised norms?
A) ₹1,000
B) ₹1,500
C) ₹2,000
D) ₹2,500
E) ₹3,000
Answer: C) ₹2,000

Event and Location:

  • Event: SEBI reintroduces B30 distributor incentives for new mutual fund investors
  • Location: India (B-30 cities)
  • Date: September 12, 2025

Mandates and Objectives:

  • Mandates:
    • SEBI has reintroduced the B30 distributor incentive program to encourage mutual fund distributors to bring in new individual investors (identified via new PAN) from cities beyond the top 30 (B30 cities). Distributors will also be incentivized for bringing in new women investors.
  • Objectives:
    • To expand mutual fund penetration in underserved regions, promote financial inclusion among women, and create a controlled, transparent incentive structure for the mutual fund industry.

Important Terms Explained:

  • SEBI (Securities and Exchange Board of India):
    • India’s capital market regulator responsible for overseeing and regulating securities markets and investor protection.
  • B30 Cities:
    • Refers to cities beyond the top 30 (T30) by AUM contribution in the mutual fund industry; targeted for geographical inclusion in financial products and services.
  • Mutual Fund Distributor Incentives:
    • A monetary benefit paid to MF distributors for onboarding new PAN-based investors; capped at 1% of investment or a maximum of ₹2,000 per investor.
  • Exit Load:
    • A fee charged by mutual funds when investors redeem units before a set period. SEBI has now capped this at 3%, down from 5%, to protect investors and ensure fair practice.

Tabular Summary:

Parameter Details
Event name Reintroduction of B30 incentives for mutual fund distributors
Announcement date September 12, 2025
Location Pan-India (specifically B30 cities)
Issuing authority Securities and Exchange Board of India (SEBI)
Policy/series name B30 Distributor Incentive Scheme
Key figures SEBI, Mutual Fund Distributors, Sunil Subramaniam
Purpose/reason To promote MF inclusion in underserved cities and among women
Feature details ₹2,000 max incentive per new investor; same for new women investors
Validity or status Reintroduced with stronger compliance and system-based checks
Strategic/significant value Expands mutual fund reach and promotes gender and regional financial inclusion

2. Which organization recently signed an MoU with Punjab National Bank to enhance IT infrastructure and support digital banking services?
A) BEL
B) TCIL
C) SIDBI
D) CDAC
E) NIC
Answer: B) TCIL

Event and Location:

  • Event: TCIL signs MoU with PNB to enhance digital banking infrastructure
  • Location: New Delhi, India
  • Date: September 3, 2025

Mandates and Objectives:

  • Mandates:
    • Telecommunications Consultants India Ltd (TCIL) and Punjab National Bank (PNB) signed an MoU to strengthen IT systems, facilitate digital transformation, and ensure regulatory-compliant deployment of secure banking technologies.
  • Objectives:
    • To enable faster digital banking adoption, ensure system integration and cybersecurity compliance, and align with the goals of the Digital India initiative by upgrading public sector banking infrastructure.

Important Terms Explained:

  • MoU (Memorandum of Understanding):
    • A formal agreement between two parties outlining cooperation on a project or initiative without being legally binding.
  • TCIL (Telecommunications Consultants India Limited):
    • A Government of India enterprise under the Ministry of Communications, providing consultancy and execution services in telecom and IT globally.
  • Digital India Mission:
    • A flagship initiative by the Government of India to transform the country into a digitally empowered society and knowledge economy, promoting e-governance and digital financial inclusion.
  • System Integration:
    • The process of ensuring that various software and hardware components work together effectively in a unified environment to improve operational efficiency.

Tabular Summary:

Parameter Details
Event name TCIL–PNB MoU to strengthen digital banking infrastructure
Announcement date September 3, 2025
Location TCIL Headquarters, New Delhi
Issuing authority TCIL and Punjab National Bank
Policy/series name Digital India Mission
Key figures Sanjeev Kumar (TCIL CMD), Manish Agrawal (PNB GM), Ashok Chandra (PNB CEO)
Purpose/reason Enhance IT systems, enable secure digital services in banking
Feature details RFP lifecycle, system integration, compliance, digital transformation
Validity or status Ongoing collaboration under project-based roles (PMC or PIA)
Strategic/significant value Supports secure, scalable, and inclusive banking aligned with national digitization

Business and Economy – Daily Current Affairs September 12

3. Apollo Hospitals is set to acquire a 30.58% stake in which of its subsidiaries for ₹1,254 crore?
A) Apollo Wellness Ltd
B) Apollo Diagnostics Ltd
C) Apollo Health and Lifestyle Ltd
D) Apollo Oncology Ltd
E) Apollo Clinics India Ltd
Answer: C) Apollo Health and Lifestyle Ltd

Event and Location:

  • Event: Apollo Hospitals to acquire 30.58% stake in Apollo Health and Lifestyle Ltd (AHLL)
  • Location: Chennai, India
  • Date: September 12, 2025

Mandates and Objectives:

  • Mandates:
    • Apollo Hospitals has approved the acquisition of 30.58% equity stake in Apollo Health and Lifestyle Ltd (AHLL) from IFC and IFC EAF for ₹1,254 crore, subject to regulatory approvals.
  • Objectives:
    • To make AHLL a 99.4% subsidiary of Apollo Hospitals, consolidate its healthcare business across four verticals, and strengthen Apollo’s integrated healthcare delivery model through full ownership.

Important Terms Explained:

  • Apollo Health and Lifestyle Ltd (AHLL):
    • A subsidiary of Apollo Hospitals operating specialty hospitals, diagnostic centres, dental clinics, sugar clinics, and dialysis centres. It posted a consolidated turnover of ₹1,553 crore in FY25.
  • IFC (International Finance Corporation):
    • A member of the World Bank Group, headquartered in Washington D.C., it invests in private sector development in emerging markets.
  • Proton Therapy System:
    • An advanced radiation treatment for cancer, offering higher precision and minimal side effects; part of Apollo’s new 100-bed Oncology Centre in Gurugram.

Tabular Summary:

Parameter Details
Event name Apollo Hospitals acquiring 30.58% in AHLL
Announcement date September 12, 2025
Location Chennai, India
Issuing authority Apollo Hospitals Board of Directors
Policy/series name Strategic Acquisition in Healthcare Subsidiary
Key figures Suneeta Reddy, Sangita Reddy, IFC
Purpose/reason To make AHLL a 99.4% subsidiary and consolidate Apollo’s healthcare verticals
Feature details ₹1,254 crore deal; stake from IFC and IFC EAF; AHLL turnover ₹1,553 crore
Validity or status Awaiting CCI approval; expected completion by November 2025
Strategic/significant value Enhances Apollo’s business integration and return on capital; expands oncology infrastructure

4. Which state-owned company has received a ₹23 crore order from Indian Railways to supply and install KAVACH automatic train protection equipment?
A) BEL
B) HAL
C) BEML
D) BHEL
E) IRCON
Answer: D) BHEL

Event and Location:

  • Event: BHEL secures ₹23 crore order to supply KAVACH equipment to Indian Railways
  • Location: South Western Railway Zone (Manufacturing at Bengaluru, Karnataka)
  • Date: September 11, 2025 (Letter of Intent received)

Mandates and Objectives:

  • Mandates:
    • Bharat Heavy Electricals Ltd (BHEL) has been awarded a ₹22.87 crore contract by Indian Railways (South Western Railway) for the design, development, supply, installation, and commissioning of KAVACH equipment on locomotives and at station-level infrastructure points.
  • Objectives:
    • To enhance rail safety using the KAVACH automatic train protection system, reduce signal passing violations, and improve real-time communication between trackside and onboard systems.

Important Terms Explained:

  • BHEL (Bharat Heavy Electricals Ltd):
    • A government-owned engineering and manufacturing enterprise under the Ministry of Heavy Industries, specializing in power, transport, and defence sector equipment.
  • KAVACH:
    • An indigenous Automatic Train Protection (ATP) system developed by Indian Railways to prevent collisions, automatically apply brakes during emergencies, and enhance rail safety.
  • South Western Railway (SWR):
    • One of the 19 zones of Indian Railways, headquartered in Hubballi, Karnataka, responsible for railway operations in the southern region including parts of Karnataka and Andhra Pradesh.

Tabular Summary:

Parameter Details
Event name BHEL wins ₹22.87 crore order to supply KAVACH to Indian Railways
Announcement date September 12, 2025
Location South Western Railway Zone; Manufacturing at BHEL Bengaluru
Issuing authority Indian Railways (South Western Railway)
Policy/series name KAVACH Automatic Train Protection System
Key figures BHEL CMD Koppu Sadashiv Murthy, Indian Railways, SWR
Purpose/reason Enhance safety and real-time train communication through ATP system
Feature details On-board and trackside KAVACH installation, 18-month execution timeline
Validity or status Letter of Intent received; contract awarded, execution begins
Strategic/significant value Promotes ‘Make in India’ initiative, boosts indigenous rail safety systems

5. What was the retail inflation rate in India for August 2025 as per the latest Consumer Price Index (CPI) data?
A) 1.61%
B) 2.07%
C) 3.10%
D) 4.00%
E) 2.70%
Answer: B) 2.07%

Event and Location:

  • Event: Retail inflation rises to 2.07% in August 2025
  • Location: India
  • Date: September 12, 2025

Mandates and Objectives:

  • Mandates:
    • Retail inflation based on the Consumer Price Index (CPI) rose to 2.07% in August 2025, marking the first increase since November 2024, driven primarily by food inflation.
  • Objectives:
    • To monitor price level trends and assess the potential impact on monetary policy decisions, especially ahead of the Monetary Policy Committee (MPC) meeting scheduled for October 2025.

Important Terms Explained:

  • Consumer Price Index (CPI):
    • An economic indicator that measures the change in the retail prices of goods and services consumed by households; used to track inflation trends.
  • Retail Inflation:
    • The percentage change in the CPI over a period, indicating the rise in general price levels faced by consumers.
  • Monetary Policy Committee (MPC):
    • A committee of the Reserve Bank of India (RBI) responsible for setting the benchmark policy interest rate (repo rate) to manage inflation and support economic growth.
  • Basis Point (bps):
    • A unit of measure equal to 1/100th of a percentage point; commonly used in interest rate and inflation reporting. A 25 bps cut = 0.25% reduction.
  • GST Rationalisation:
    • Recent restructuring of Goods and Services Tax (GST) rates expected to ease inflation by reducing prices in certain sectors and enabling better pass-through to consumers.

Tabular Summary:

Parameter Details
Event name Retail inflation rises to 2.07% in August 2025
Announcement date September 12, 2025
Location India
Issuing authority Ministry of Statistics and Programme Implementation
Policy/series name Consumer Price Index (CPI)
Key figures Rajni Sinha (Care Edge), Paras Jasrai (India Ratings), Sujan Hajra (Anand Rathi)
Purpose/reason Measure inflation trend and anticipate monetary policy response
Feature details Driven by rising food prices — vegetables, eggs, meat, oils, personal care
Validity or status August 2025 CPI data officially released
Strategic/significant value May lead to a 25 bps rate cut by MPC; GST cuts could lower inflation further

Acquisitions and Mergers – Daily Current Affairs September 12

6. Which bank has received RBI approval to purchase an additional 2% stake in its asset management subsidiary?
A) Axis Bank
B) HDFC Bank
C) ICICI Bank
D) SBI
E) Kotak Mahindra Bank
Answer: C) ICICI Bank

Event and Location:

  • Event: RBI approves ICICI Bank’s proposal to acquire 2% additional stake in ICICI Prudential AMC
  • Location: Mumbai, India
  • Date: September 12, 2025

Mandates and Objectives:

  • Mandates:
    • Reserve Bank of India (RBI) has approved ICICI Bank’s proposal to acquire up to 2% additional equity stake in ICICI Prudential Asset Management Company (AMC) from Prudential Corporation Holdings Ltd (PCHL).
  • Objectives:
    • To maintain majority shareholding in ICICI Prudential AMC and ensure the entity remains a subsidiary post-IPO, subject to regulatory compliance.

Important Terms Explained:

  • ICICI Prudential AMC:
    • A joint venture between ICICI Bank and Prudential Corporation Holdings Ltd, it is one of India’s leading asset management companies, currently 51% owned by ICICI Bank.
  • RBI (Reserve Bank of India):
    • India’s central banking institution responsible for regulating monetary policy, banking licenses, and ownership-related approvals.
  • DRHP (Draft Red Herring Prospectus):
    • A preliminary document filed by companies with SEBI before launching an IPO, detailing financials and shareholding patterns.
  • IPO (Initial Public Offering):
    • The process by which a private company offers its shares to the public for the first time to raise capital.
  • Offer for Sale (OFS):
    • A method through which existing shareholders sell their stake in the company via the stock exchanges, typically part of an IPO.

Tabular Summary:

Parameter Details
Event name RBI approves ICICI Bank’s 2% stake acquisition in ICICI Prudential AMC
Announcement date September 12, 2025
Location Mumbai, India
Issuing authority Reserve Bank of India (RBI)
Policy/series name Shareholding restructuring prior to IPO
Key figures ICICI Bank, Prudential Corporation Holdings Ltd, RBI
Purpose/reason To retain majority stake in AMC before IPO
Feature details Up to 2% equity purchase; consideration in cash; pricing to be decided later
Validity or status Approved by RBI; pending final transaction execution
Strategic/significant value Maintains control in AMC post-IPO; no change in subsidiary status

Appointments – Daily Current Affairs September 12

7. Who has been appointed as the interim Prime Minister of Nepal, becoming the first woman to hold the post?
A) Balendra Shah
B) Harka Sampang
C) Sushila Karki
D) Kulman Ghising
E) Bidhya Devi Bhandari
Answer: C) Sushila Karki

Event and Location:

  • Event: Sushila Karki takes oath as Nepal’s first woman interim Prime Minister
  • Location: Nepal
  • Date: September 12, 2025

Mandates and Objectives:

  • Mandates:
    • Sushila Karki, former Chief Justice of Nepal, has been sworn in as interim Prime Minister following violent protests against the previous government. She was selected after consultations with the President, military leadership, and youth protest leaders.
  • Objectives:
    • To restore stability, oversee the transition process, and conduct general elections within six months, amid public unrest driven by demands for transparency and youth inclusion.

Important Terms Explained:

  • Interim Prime Minister:
    • A temporary head of government appointed to oversee administration during periods of political transition or crisis, with limited tenure and specific mandates (e.g., conducting elections).
  • Gen Z Protests:
    • Widespread youth-led demonstrations in Nepal, initially triggered by a social media ban, which evolved into mass opposition against corruption, nepotism, and political elitism.
  • Sheetal Niwas:
    • The official residence and office of the President of Nepal, where state-level ceremonies like the Prime Minister’s oath-taking are held.

Tabular Summary:

Parameter Details
Event name Sushila Karki becomes Nepal’s interim Prime Minister
Announcement date September 12, 2025
Location Kathmandu, Nepal
Issuing authority President of Nepal, Ramchandra Paudel
Policy/series name Interim Government Formation Post-Protests
Key figures Sushila Karki, Gen. Ashok Raj Sigdel, President Paudel, Gen Z representatives
Purpose/reason To restore governance post protests and conduct elections in six months
Feature details First woman PM of Nepal; supported by youth and military leadership
Validity or status Officially sworn in; government begins six-month interim period
Strategic/significant value Marks a historic first for gender representation in Nepal’s top office

8. Who has been given additional charge as the Governor of Maharashtra after C. P. Radhakrishnan was elected Vice-President of India?
A) R. N. Ravi
B) C. V. Ananda Bose
C) Acharya Devvrat
D) Arif Mohammed Khan
E) Ganeshi Lal
Answer: C) Acharya Devvrat

Event and Location:

  • Event: Acharya Devvrat assumes additional charge as Maharashtra Governor
  • Location: Maharashtra and Gujarat
  • Date: September 12, 2025

Mandates and Objectives:

  • Mandates:
    • Following the election of C. P. Radhakrishnan as Vice-President, Acharya Devvrat, the current Governor of Gujarat, has been assigned additional charge as the Governor of Maharashtra, under Article 153 of the Constitution.
  • Objectives:
    • To ensure continuity of constitutional authority and administrative functioning in Maharashtra until a full-time Governor is appointed, and to prevent any vacuum in the State Executive.

Important Terms Explained:

  • Article 153 (Indian Constitution):
    • States that there shall be a Governor for each State, and permits the same individual to be appointed as Governor for two or more States, either permanently or temporarily.
  • Acharya Devvrat:
    • Currently the Governor of Gujarat since July 2019
    • Former Governor of Himachal Pradesh (2015–2019)
    • Known for advocating natural farming, Beti Bachao Beti Padhao, de-addiction campaigns, and environmental conservation
  • Vice-President of India:
    • The second-highest constitutional post in India. On September 9, 2025, C. P. Radhakrishnan was elected as Vice-President, vacating his role as Maharashtra Governor.

Tabular Summary:

Parameter Details
Event name Acharya Devvrat assumes additional charge as Maharashtra Governor
Announcement date September 12, 2025
Location Gujarat and Maharashtra
Issuing authority President of India
Policy/series name Constitutional Provisions under Article 153
Key figures Acharya Devvrat, C. P. Radhakrishnan, President Droupadi Murmu
Purpose/reason To avoid constitutional vacuum after Governor vacated post
Feature details Dual charge assigned; interim measure under constitutional norms
Validity or status In effect until a full-time Governor is appointed in Maharashtra
Strategic/significant value Ensures uninterrupted governance and state executive functioning

9. Who has been appointed as the Chairperson of the Governing Board of the National Stock Exchange (NSE) with SEBI’s approval?
A) Ajay Tyagi
B) U. K. Sinha
C) Srinivas Injeti
D) T. V. Mohandas Pai
E) Sanjeev Sanyal
Answer: C) Srinivas Injeti

Event and Location:

  • Event: Srinivas Injeti appointed Chairperson of NSE Governing Board
  • Location: Mumbai, India (Headquarters of NSE and SEBI)
  • Date: September 12, 2025

Mandates and Objectives:

  • Mandates:
    • Srinivas Injeti, retired 1983-batch IAS officer, has been appointed as the Chairperson of the National Stock Exchange (NSE) Governing Board with formal approval from the Securities and Exchange Board of India (SEBI).
  • Objectives:
    • To ensure strong governance, regulatory compliance, and investor confidence in one of Asia’s largest stock exchanges through experienced leadership and oversight.

Important Terms Explained:

  • NSE (National Stock Exchange):
    • India’s largest stock exchange by trading volume, established in 1992, and a key institution in the country’s capital market ecosystem.
  • SEBI (Securities and Exchange Board of India):
    • India’s capital markets regulator, formed in 1988 and granted statutory powers in 1992 under the SEBI Act, 1992, responsible for regulating securities markets, protecting investor interests, and ensuring fair practices.
  • IFSCA (International Financial Services Centres Authority):
    • A unified regulator for international financial services in India, headquartered in GIFT City, Gujarat. Srinivas Injeti was its founding Chairperson.
  • Insolvency and Bankruptcy Code (IBC):
    • A landmark legal framework introduced in 2016 to provide a time-bound resolution of insolvency for companies and individuals, enhancing investor confidence and credit discipline.

Tabular Summary:

Parameter Details
Event name Appointment of Srinivas Injeti as Chairperson of NSE Governing Board
Announcement date September 12, 2025
Location Mumbai, Maharashtra
Issuing authority Securities and Exchange Board of India (SEBI)
Policy/series name NSE Leadership Appointment
Key figures Srinivas Injeti, SEBI, NSE Board
Purpose/reason To ensure robust oversight and governance at NSE
Feature details 40+ years of experience; Ex-Corporate Affairs Secretary; IFSCA founder
Validity or status Officially appointed; SEBI approval granted
Strategic/significant value Strengthens NSE’s regulatory compliance and public trust

Awards – Daily Current Affairs September 12

10. Which resort was recently awarded the Best Tourism and Hospitality Award in Andhra Pradesh?
A) Haritha Resorts
B) Lotus Grand Resort
C) Sunray Resorts
D) Beach Bay Resorts
E) Eastern Dunes Resort
Answer: C) Sunray Resorts

Event and Location:

  • Event: Sunray Resorts receives Best Tourism and Hospitality Award
  • Location: Vizianagaram (Award presented in Vijayawada, Andhra Pradesh)
  • Date: September 12, 2025

Mandates and Objectives:

  • Mandates:
    • Sunray Resorts – Bhogapuram, received the Best Tourism and Hospitality Award, presented by the Minister for MSME and NRI Affairs, Kondapalli Srinivas, in a ceremony held in Vijayawada.
  • Objectives:
    • To recognize excellence in tourism and hospitality services and promote North Andhra Pradesh as a growing tourism destination, especially with upcoming infrastructure like the Bhogapuram International Airport.

Important Terms Explained:

  • Sunray Resorts:
    • A prominent eco-resort located in Bhogapuram, Vizianagaram district, offering premium leisure services and eco-tourism experiences in North Andhra Pradesh.
  • Bhogapuram International Airport:
    • A major infrastructure project under development in Vizianagaram district, expected to significantly enhance tourism, investment, and connectivity in North Coastal Andhra Pradesh.
  • Tourism and Hospitality Awards:
    • Awards recognizing excellence and innovation in service delivery, sustainability, and guest satisfaction in the tourism sector.

Tabular Summary:

Parameter Details
Event name Sunray Resorts wins Best Tourism and Hospitality Award
Announcement date September 12, 2025
Location Bhogapuram, Vizianagaram (Award event in Vijayawada)
Issuing authority Ministry of MSME and NRI Affairs, Andhra Pradesh
Policy/series name Andhra Pradesh Tourism Recognition Program
Key figures Rajababu (MD, Sunray Resorts), Minister Kondapalli Srinivas
Purpose/reason To honour excellence in tourism and support growth of North Andhra tourism
Feature details Eco-resort; award given for service quality, sustainability, tourism impact
Validity or status Award conferred
Strategic/significant value Enhances visibility of North Andhra as a tourism hub ahead of airport launch

11. Which former Prime Minister was posthumously awarded the PV Narasimha Rao Memorial Award for Economics in 2025?
A) Atal Bihari Vajpayee
B) Lal Bahadur Shastri
C) Indira Gandhi
D) Dr. Manmohan Singh
E) Morarji Desai
Answer: D) Dr. Manmohan Singh

Event and Location:

  • Event: Dr. Manmohan Singh posthumously honoured with PV Narasimha Rao Memorial Award for Economics
  • Location: New Delhi, India
  • Date: September 12, 2025

Mandates and Objectives:

  • Mandates:
    • The PV Narasimha Rao Memorial Foundation (PVNMF) conferred the Memorial Award for Economics posthumously to Dr. Manmohan Singh, recognising his instrumental role in implementing India’s 1991 economic reforms.
  • Objectives:
    • To honour individuals who have made transformational contributions to India’s economic development and to celebrate the historic partnership between PV Narasimha Rao and Dr. Singh that reshaped India’s economy.

Important Terms Explained:

  • Economic Liberalisation (1991):
    • A set of economic policy reforms introduced to overcome India’s balance of payment crisis, which included:
      • De-licensing of industries
      • FDI liberalisation
      • Tariff reduction
      • Market-determined exchange rates
      • Public sector restructuring
  • PV Narasimha Rao Memorial Foundation (PVNMF):
    • An institution based in Hyderabad that commemorates the legacy of former Prime Minister P. V. Narasimha Rao, focusing on policy excellence and historical impact.
  • Montek Singh Ahluwalia:
    • Former Deputy Chairman of the Planning Commission, closely associated with India’s economic planning and reforms, presented the award during the ceremony.

Tabular Summary:

Parameter Details
Event name Dr. Manmohan Singh receives PV Narasimha Rao Memorial Award posthumously
Announcement date September 12, 2025
Location New Delhi, India
Issuing authority PV Narasimha Rao Memorial Foundation (PVNMF)
Policy/series name 1991 Economic Reforms Recognition
Key figures Dr. Manmohan Singh, Montek Singh Ahluwalia, PV Narasimha Rao
Purpose/reason To honour the architect of India’s economic liberalisation
Feature details Recognises Singh’s role in de-licensing, FDI, tariff reforms, IBC evolution
Validity or status Award conferred posthumously and accepted by Gursharan Kaur
Strategic/significant value Highlights the Rao–Singh partnership that redefined India’s economy

Defence – Daily Current Affairs September 12

12. What is the estimated value of the Indian Air Force’s proposal to procure 114 Rafale fighter jets under the Make in India initiative?
A) ₹1 lakh crore
B) ₹1.5 lakh crore
C) ₹2 lakh crore
D) ₹2.5 lakh crore
E) ₹3 lakh crore
Answer: C) ₹2 lakh crore

Event and Location:

  • Event: Proposal for procurement of 114 Rafale fighter jets by IAF
  • Location: India
  • Date: September 12, 2025

Mandates and Objectives:

  • Mandates: Indian Air Force has submitted a proposal to procure 114 Rafale jets to be manufactured in India with over 60% indigenous content, in collaboration with Dassault Aviation and Indian companies.
  • Objectives: The aim is to replenish the IAF’s fighter jet fleet, promote domestic aerospace manufacturing, establish a local MRO facility for Rafale engines, and strengthen national air defence capabilities.

Important Terms Explained:

  • Rafale Jets: Multirole fighter aircraft developed by Dassault Aviation, capable of carrying out air-to-air and air-to-ground combat missions, already in service with the IAF and Navy.
  • Make in India: A national initiative launched in 2014 to boost indigenous manufacturing, reduce import dependence, and promote investment in domestic defence production.
  • MRO Facility: Maintenance, Repair, and Overhaul infrastructure to ensure long-term servicing of aircraft; Dassault Aviation will set up an MRO unit for Rafale’s M-88 engines in Hyderabad.
  • Defence Procurement Board (DPB): A high-level committee headed by the Defence Secretary, responsible for initial evaluation of major defence acquisition proposals before forwarding to the Defence Acquisition Council (DAC).
  • Defence Acquisition Council (DAC): Apex decision-making body for defence procurement in India, chaired by the Defence Minister, currently Rajnath Singh.

Tabular Summary:

Parameter Details
Event name Proposal to procure 114 Rafale fighter jets
Announcement date September 12, 2025
Location India
Issuing authority Indian Air Force (Proposal), Ministry of Defence
Policy/series name Make in India
Key figures Defence Secretary, Defence Minister Rajnath Singh, CEO Éric Trappier
Purpose/reason Replenish fighter jet fleet and support aerospace ecosystem
Feature details Over 60% indigenous components, MRO facility in Hyderabad
Validity or status Awaiting approval from DPB, DAC, and Cabinet Committee on Security
Strategic/significant value Largest defence procurement in India’s history; strengthens air defence and self-reliance

13. What is the name of the Indian Navy’s newly commissioned maritime information warfare base in Gurugram?
A) INS Vikrant
B) INS Satpura
C) INS Aravali
D) INS Sahyadri
E) INS Vindhya
Answer: C) INS Aravali

Event and Location:

  • Event: Commissioning of INS Aravali as a shore-based hub for maritime information warfare
  • Location: Gurugram, Haryana (National Capital Region)
  • Date: September 12, 2025

Mandates and Objectives:

  • Mandates:
    • The Indian Navy has commissioned INS Aravali, a shore-based facility focused on information warfare, real-time maritime awareness, and naval collaboration across regions.
  • Objectives:
    • To enhance the Indian Navy’s maritime domain awareness (MDA), support its command and control network, and align with India’s strategic vision under the MAHASAGAR doctrine.

Important Terms Explained:

  • INS Aravali:
    • A newly commissioned shore-based naval facility in Gurugram, designed as a technology hub to support India’s maritime information warfare and networking capabilities.
  • Information Warfare:
    • A military domain involving the use and management of information and communication systems to gain a strategic advantage in warfare and surveillance.
  • MAHASAGAR (Mutual and Holistic Advancement for Security and Growth Across Regions):
    • A strategic doctrine envisioned by the Prime Minister to position India as a Preferred Security Partner in the Indian Ocean Region, emphasizing cooperation, maritime security, and regional growth.
  • Maritime Domain Awareness (MDA):
    • A strategic capability that enables the Navy to monitor, detect, and respond to maritime threats in real time, using technology and inter-agency collaboration.

Tabular Summary:

Parameter Details
Event name Commissioning of INS Aravali
Announcement date September 12, 2025
Location Gurugram, Haryana (NCR)
Issuing authority Indian Navy
Policy/series name MAHASAGAR Strategy
Key figures Admiral Dinesh K Tripathi, Capt. Sachin Kumar Singh, Shashi Tripathi
Purpose/reason To enhance information warfare, maritime awareness, and strategic coordination
Feature details Shore-based hub, command and control node, full naval commissioning honors
Validity or status Fully commissioned and operational
Strategic/significant value Strengthens India’s maritime surveillance and international naval partnerships

International Affairs – Daily Current Affairs September 12

14. What is the total value of the Special Economic Package announced by India for Mauritius in 2025?
A) USD 215 million
B) USD 440 million
C) USD 500 million
D) USD 680 million
E) USD 750 million
Answer: D) USD 680 million

Event and Location:

  • Event: Announcement of India–Mauritius Special Economic Package 2025
  • Location: India and Mauritius
  • Date: September 12, 2025

Mandates and Objectives:

  • Mandates:
    • India announced a Special Economic Package worth USD 680 million for Mauritius during the state visit of Mauritius PM Dr. Navinchandra Ramgoolam to India. The package includes grant assistance, line of credit, strategic cooperation, and budgetary support.
  • Objectives:
    • To strengthen healthcare, infrastructure, maritime cooperation, education, and strategic relations between India and Mauritius, while boosting regional connectivity and stability in the Indian Ocean Region (IOR).

Important Terms Explained:

  • Line of Credit (LOC):
    • A financial instrument extended by India to friendly nations, offering loans on concessional terms for development projects.
  • Grant Assistance:
    • Funds provided by India without repayment obligations to assist in critical sectors like health, education, and disaster management in partner countries.
  • Chagos Marine Protected Area:
    • A strategically sensitive ecological zone in the Indian Ocean; development and surveillance here serve both environmental and security interests.
  • SSR International Airport:
    • Sir Seewoosagur Ramgoolam International Airport, Mauritius’s primary international gateway, named after the country’s first Prime Minister.

Tabular Summary:

Parameter Details
Event name India–Mauritius Special Economic Package 2025
Announcement date September 12, 2025
Location New Delhi, India
Issuing authority Government of India
Policy/series name India’s Development Partnership Programme
Key figures Dr. Navinchandra Ramgoolam, Narendra Modi
Purpose/reason Strengthen strategic and economic ties with Mauritius
Feature details USD 215 mn (grant), USD 440 mn (grant-cum-LOC), USD 25 mn (budgetary aid)
Validity or status Ongoing – Projects to begin under bilateral cooperation
Strategic/significant value Enhances regional security, connectivity, and Indo-Mauritius partnership

15. What is the name of the jewellery exposition launched by India in Saudi Arabia in 2025 to boost gem and jewellery exports?
A) GJEPC Expo
B) India Gold Fair
C) Jeddah Gems Show
D) SAJEX 2025
E) Indo-Gulf Jewellery Summit
Answer: D) SAJEX 2025

Event and Location:

  • Event: Launch of SAJEX 2025 to promote jewellery trade
  • Location: Jeddah Superdome, Saudi Arabia
  • Date: September 11–13, 2025

Mandates and Objectives:

  • Mandates:
    • India, through the Gem & Jewellery Export Promotion Council (GJEPC), launched SAJEX 2025, the Saudi Arabia Jewellery Exposition, with support from the Consulate General of India in Jeddah, Indian Embassy in Riyadh, and the Ministry of Commerce & Industry.
  • Objectives:
    • To enhance India’s jewellery exports to Saudi Arabia and the GCC region, tap into emerging luxury markets, and position India as a global hub for gems, gold, and lab-grown diamonds.

Important Terms Explained:

  • GJEPC (Gem & Jewellery Export Promotion Council):
    • A nodal trade body under the Ministry of Commerce & Industry, responsible for promoting Indian gem and jewellery exports worldwide.
  • SAJEX (Saudi Arabia Jewellery Exposition):
    • A trade-focused international jewellery event, launched by India in Jeddah, aimed at showcasing Indian jewellery expertise and expanding market access in Saudi Arabia and GCC.
  • Lab-Grown Diamonds:
    • Environmentally sustainable diamonds created in laboratories with identical physical and chemical properties to natural diamonds. India is a leading exporter of these globally.
  • Vision 2030 (Saudi Arabia):
    • A strategic roadmap for Saudi Arabia’s economic diversification, promoting non-oil sectors such as retail, luxury, and tourism, including growth in the jewellery sector.

Tabular Summary:

Parameter Details
Event name SAJEX 2025 – Saudi Arabia Jewellery Exposition
Announcement date September 11, 2025
Location Jeddah Superdome, Saudi Arabia
Issuing authority GJEPC, Indian Consulate Jeddah, Indian Embassy Riyadh, Commerce Ministry
Policy/series name India–GCC Jewellery Trade Boost Initiative
Key figures GJEPC Chairman Vipul Shah, Indian trade officials, Saudi business leaders
Purpose/reason Expand India’s jewellery exports and strengthen trade with Saudi Arabia
Feature details 250 booths, 200+ exhibitors, lab-grown diamonds, bridal gold, gem showcases
Validity or status Event held from 11–13 Sept 2025
Strategic/significant value Enhances bilateral trade, supports Digital India & Make in India exports

National Affairs – Daily Current Affairs September 12

16. How many kilometers of new railway lines is India planning to construct near the China, Bhutan, and Myanmar borders as part of its northeastern strategy?
A) 300 km
B) 700 km
C) 500 km
D) 1,000 km
E) 1,700 km
Answer: C) 500 km

Event and Location:

  • Event: India plans 500 km of new railway lines in the northeastern frontier
  • Location: Northeastern India, near borders with China, Bhutan, and Myanmar
  • Date: September 12, 2025

Mandates and Objectives:

  • Mandates:
    • India has initiated a ₹30,000 crore project to construct 500 km of new railway lines in its northeastern frontier, including bridges and tunnels, to connect remote and strategic border regions.
  • Objectives:
    • To strengthen connectivity, accelerate logistics, support defence preparedness, and enable swift troop mobilization in sensitive border zones with China, Bhutan, and Myanmar.

Important Terms Explained:

  • Advance Landing Grounds (ALGs):
    • Military airfields reactivated for helicopter and aircraft operations, dormant since 1962, now being upgraded to improve air-based military mobility in border areas.
  • Doklam:
    • A strategically sensitive plateau located near the India-Bhutan-China tri-junction, previously a flashpoint during the 2017 standoff between Indian and Chinese troops.
  • ₹30,000 crore Infrastructure Plan:
    • A massive investment initiative aimed at defence-focused connectivity upgrades, part of India’s broader northeastern development and strategic border infrastructure policy.
  • Dual-use Infrastructure (China):
    • Refers to infrastructure such as airports and roads built by China for both civilian and military use, aiding the People’s Liberation Army (PLA) in rapid deployment near borders.

Tabular Summary:

Parameter Details
Event name India to build 500 km rail lines in NE near borders
Announcement date September 12, 2025
Location Northeastern India, borders with China, Bhutan, Myanmar
Issuing authority Government of India (Indian Railways)
Policy/series name Border Infrastructure Expansion Strategy
Key figures PM Narendra Modi, Indian Railways, Defence Establishment
Purpose/reason Improve military readiness, reduce troop mobilization time, enhance access
Feature details ₹30,000 crore project; bridges, tunnels; completion in 4 years
Validity or status Project approved and in planning/execution phase
Strategic/significant value Reinforces India’s presence in sensitive border regions amid shifting geopolitics

17. What is the paddy procurement target set by Andhra Pradesh government for the 2025–26 Kharif season?
A) 35 lakh metric tonnes
B) 45 lakh metric tonnes
C) 50 lakh metric tonnes
D) 40 lakh metric tonnes
E) 55 lakh metric tonnes
Answer: C) 50 lakh metric tonnes

Event and Location:

  • Event: Andhra Pradesh government to procure 50 lakh metric tonnes of paddy in Kharif 2025
  • Location: Andhra Pradesh (specifically Kakinada, East & West Godavari, Konaseema, Eluru)
  • Date: September 13, 2025

Mandates and Objectives:

  • Mandates:
    • The Andhra Pradesh Civil Supplies Department has announced that the government will procure 50 lakh metric tonnes of paddy during the 2025–26 Kharif season, starting in October.
  • Objectives:
    • To ensure timely procurement of paddy, credit payment within 48 hours, supply of quality gunny bags, and hassle-free experience for farmers at Rythu Seva Kendras, while improving over the previous season’s challenges.

Important Terms Explained:

  • Kharif Season:
    • The monsoon cropping season in India, typically from June to October, where crops like rice and paddy are grown with the onset of southwest monsoon.
  • Minimum Support Price (MSP):
    • The government-fixed price at which it procures crops from farmers, regardless of market rates. For this season, MSP is ₹2,369/quintal for common grade paddy and ₹2,389/quintal for A grade paddy.
  • Rythu Seva Kendras (RSKs):
    • Farmer support centres established in Andhra Pradesh to provide services like procurement, inputs, and grievance redressal at the grassroots level.

Tabular Summary:

Parameter Details
Event name AP to procure 50 lakh metric tonnes of paddy in Kharif 2025
Announcement date September 13, 2025
Location Andhra Pradesh (Kakinada and other districts)
Issuing authority Civil Supplies Department, Government of Andhra Pradesh
Policy/series name Kharif 2025–26 Paddy Procurement Plan
Key figures Minister Nadendla Manohar, Thota Sudhir, Manajir Jilani Samoon
Purpose/reason Ensure efficient, transparent paddy procurement and farmer satisfaction
Feature details 50 lakh MT procurement; 1,234 Rythu Seva Kendras; ₹2,369–₹2,389 MSP
Validity or status Implementation starts October 2025
Strategic/significant value Boosts farmer welfare, procurement efficiency, and Kharif preparedness

18. Who recently inaugurated 2,480 housing units built by TNUHDB across Tamil Nadu?
A) M.K. Stalin
B) K.N. Nehru
C) Udhayanidhi Stalin
D) Duraimurugan
E) Palanivel Thiaga Rajan
Answer: C) Udhayanidhi Stalin

Event and Location:

  • Event: Inauguration of 2,480 TNUHDB housing units
  • Location: Tamil Nadu (Chennai, Coimbatore, Pudukkottai, Tiruppur)
  • Date: September 13, 2025

Mandates and Objectives:

  • Mandates:
    • Tamil Nadu Deputy Chief Minister Udhayanidhi Stalin inaugurated 2,480 tenement housing units built under the Tamil Nadu Urban Habitat Development Board (TNUHDB) across the state at a total cost of ₹295 crore.
  • Objectives:
    • To provide affordable housing for urban poor, enhance urban infrastructure, and promote inclusive urban development in major cities and towns across Tamil Nadu.

Important Terms Explained:

  • TNUHDB (Tamil Nadu Urban Habitat Development Board):
    • A state-level agency responsible for housing development for economically weaker sections and low-income groups, formerly known as the Tamil Nadu Slum Clearance Board.
  • Tenement Housing:
    • A form of multi-family, low-cost residential construction, often used in urban housing projects to accommodate people from underprivileged backgrounds.
  • Affordable Housing:
    • A government-backed initiative aimed at ensuring access to safe, secure, and affordable homes for economically weaker sections in urban areas.

Tabular Summary:

Parameter Details
Event name Inauguration of 2,480 TNUHDB housing units
Announcement date September 13, 2025
Location Tamil Nadu (Chennai, Coimbatore, Pudukkottai, Tiruppur)
Issuing authority Tamil Nadu Urban Habitat Development Board (TNUHDB)
Policy/series name State Housing Infrastructure Development
Key figures Deputy CM Udhayanidhi Stalin
Purpose/reason To provide housing for the urban poor and improve living standards
Feature details 2,480 units, ₹295 crore cost, each 400 sft., multi-city rollout
Validity or status Officially inaugurated and handed over
Strategic/significant value Promotes affordable urban housing, inclusivity, and quality of life improvement

19. Which company has been allotted 100 acres by the Maharashtra government for setting up a semiconductor fab in Navi Mumbai?
A) Vedanta Semiconductors
B) Tata Electronics
C) RRP Electronics
D) Reliance Microtech
E) Foxconn India
Answer: C) RRP Electronics

Event and Location:

  • Event: Maharashtra allots 100 acres for RRP Electronics’ semiconductor fab unit
  • Location: Navi Mumbai, Maharashtra
  • Date: September 12, 2025

Mandates and Objectives:

  • Mandates:
    • The Maharashtra government has allotted 100 acres of land in Navi Mumbai to RRP Electronics for establishing a semiconductor fabrication (fab) facility, relocated from Sherman, Texas.
  • Objectives:
    • To promote high-tech manufacturing, create employment opportunities, boost local supply chains, and reinforce Maharashtra’s position in India’s Semiconductor Mission roadmap and the self-reliant India initiative.

Important Terms Explained:

  • Semiconductor Fab Unit:
    • A fabrication facility where semiconductors (integrated circuits, chips, etc.) are manufactured. These plants are highly advanced, capital-intensive, and critical for electronics production.
  • OSAT (Outsourced Semiconductor Assembly and Test):
    • A type of facility that assembles and tests semiconductor chips after wafer fabrication. Maharashtra’s first OSAT was launched in Navi Mumbai in 2024.
  • India Semiconductor Mission (ISM):
    • A Government of India initiative launched under Digital India to promote domestic manufacturing of semiconductors and build a robust chip ecosystem.
  • Letter of Comfort:
    • An assurance from the government or regulatory authority indicating its support for a project or transaction, often used in industrial allotments or policy facilitation.

Tabular Summary:

Parameter Details
Event name Maharashtra allots land for semiconductor fab by RRP Electronics
Announcement date September 12, 2025
Location Navi Mumbai, Maharashtra
Issuing authority Maharashtra Government
Policy/series name India Semiconductor Mission
Key figures CM Devendra Fadnavis, Rajendra Chodankar (RRP), Sachin Tendulkar
Purpose/reason Promote domestic chip production, generate jobs, boost high-tech economy
Feature details 100-acre land; relocated fab from Texas; capacity of 1.25 lakh wafers/month
Validity or status Land allotted; facility under development
Strategic/significant value Positions Maharashtra as semiconductor hub; supports India’s chip self-reliance plan

20. Which mobile app developed by the Bengaluru Traffic Police will be integrated with ‘Gundi Gamana’ for real-time pothole and waterlogging monitoring?
A) Namma Raasta
B) BBMP Connect
C) ASTraM
D) Suraksha Setu
E) RoadRakshak
Answer: C) ASTraM

Event and Location:

  • Event: Integration of ASTraM app with ‘Gundi Gamana’ for real-time civic issue monitoring
  • Location: Bengaluru, Karnataka
  • Date: September 12, 2025

Mandates and Objectives:

  • Mandates:
    • The ASTraM app, developed by the Bengaluru Traffic Police, will be integrated with the ‘Gundi Gamana’ platform to enable real-time monitoring of potholes and waterlogging across Bengaluru.
  • Objectives:
    • To enhance urban civic issue tracking, ensure faster redressal of road and drainage-related complaints, and streamline inter-agency coordination under the Greater Bengaluru Authority (GBA).

Important Terms Explained:

  • ASTraM (Advanced Surveillance for Traffic Management):
    • A mobile application developed by the Bengaluru Traffic Police for real-time reporting and monitoring of road conditions, traffic violations, and infrastructure gaps.
  • Gundi Gamana:
    • A civic platform or system designed to map and monitor potholes and waterlogging-prone areas in Bengaluru using geo-tagged data and citizen inputs.
  • Greater Bengaluru Authority (GBA):
    • A newly formed urban governance body comprising five corporations created for better administration and infrastructure planning in Bengaluru’s expanding metropolitan area.

Tabular Summary:

Parameter Details
Event name ASTraM app integration with Gundi Gamana for civic monitoring
Announcement date September 12, 2025
Location Bengaluru, Karnataka
Issuing authority Urban Development Department, Govt. of Karnataka
Policy/series name Urban Road and Drainage Monitoring Integration
Key figures Tushar Giri Nath, Bengaluru Traffic Police
Purpose/reason Real-time tracking of potholes and waterlogging in Bengaluru
Feature details Integration of ASTraM app with Gundi Gamana; training for 5 GBA corporations
Validity or status Implementation phase; multi-department coordination initiated
Strategic/significant value Improves urban road infrastructure monitoring and civic responsiveness

21. Which Indian state is formulating a new Textile Policy for 2025–2030 aimed at generating 2 lakh jobs?
A) Tamil Nadu
B) Maharashtra
C) Gujarat
D) Karnataka
E) Andhra Pradesh
Answer: D) Karnataka

Event and Location:

  • Event: Karnataka to launch Textile Policy 2025–2030
  • Location: Karnataka
  • Date: September 12, 2025

Mandates and Objectives:

  • Mandates:
    • The Government of Karnataka is formulating a Textile Policy 2025–2030 to attract investments and strengthen the textile and readymade garment sector. The policy also includes merging two key textile corporations following audit observations.
  • Objectives:
    • To generate employment for 2 lakh persons, ensure comprehensive development of the textile sector, and promote the purchase of handloom products by government departments.

Important Terms Explained:

  • Textile Policy 2025–2030:
    • An upcoming state policy framework by Karnataka aimed at incentivising investment, infrastructure, and employment in the textile sector over a 5-year period.
  • Handloom Development Corporation:
    • A Karnataka state entity focused on supporting traditional handloom weavers, production, marketing, and skill development.
  • Karnataka State Textiles Infrastructure Development Corporation:
    • A state-run body responsible for developing infrastructure for textile units, like parks, clusters, and industrial sheds.
  • Garment Sector Employment:
    • A key objective of the policy is to generate 2 lakh jobs, particularly benefiting women and rural youth through readymade garment manufacturing hubs.

Tabular Summary:

Parameter Details
Event name Karnataka Textile Policy 2025–2030 to be introduced
Announcement date September 12, 2025
Location Karnataka
Issuing authority Karnataka State Government, Textile Department
Policy/series name Karnataka Textile Policy 2025–2030
Key figures Shivanand Patil (Textile Minister), CM Siddaramaiah
Purpose/reason Attract investment, generate 2 lakh jobs, support handloom sector
Feature details Merger of two textile corporations, audit reforms, promotion of handloom
Validity or status In planning stage; to be officially launched soon
Strategic/significant value Strengthens Karnataka’s textile industry and employment generation strategy

22. How much total funding has been sanctioned by the government for drainage and heritage building renovation at Maharaja’s College, Ernakulam?
A) ₹42 lakh
B) ₹50 lakh
C) ₹66 lakh
D) ₹24 lakh
E) ₹72 lakh
Answer: C) ₹66 lakh

Event and Location:

  • Event: Government sanctions ₹66 lakh for drainage and heritage works at Maharaja’s College
  • Location: Ernakulam, Kerala
  • Date: September 12, 2025

Mandates and Objectives:

  • Mandates:
    • The Kerala state government has sanctioned ₹66 lakh for two major improvement works at Maharaja’s College, Ernakulam:
      • ₹42 lakh for upgrading the campus drainage system
      • ₹24 lakh for the first phase of renovation of the college’s heritage building
  • Objectives:
    • To address drainage issues during monsoons, preserve the heritage architecture, and enhance campus infrastructure for students and staff.

Important Terms Explained:

  • Maharaja’s College, Ernakulam:
    • One of Kerala’s oldest and most prestigious government colleges, known for its heritage architecture, academic excellence, and historic alumni.
  • Heritage Building Renovation:
    • Restoration work intended to preserve architectural, cultural, and historic value of heritage structures while upgrading them for modern utility.
  • Drainage Network Enhancement:
    • Infrastructure development to improve stormwater management, especially critical in low-lying coastal cities like Kochi that face monsoon flooding.

Tabular Summary:

Parameter Details
Event name Govt. sanctions ₹66 lakh for Maharaja’s College works
Announcement date September 12, 2025
Location Ernakulam, Kerala
Issuing authority Government of Kerala
Policy/series name Campus Infrastructure and Heritage Conservation Initiative
Key figures College administration, Kerala Public Works Department (PWD)
Purpose/reason Improve drainage system and restore heritage structure
Feature details ₹42 lakh for drainage; ₹24 lakh for Phase 1 heritage building renovation
Validity or status Site assessment underway; works to begin next week
Strategic/significant value Preserves historical legacy and improves student environment at a premier college

23. At which airport was a 10-foot Yakshagana statue recently unveiled to celebrate local cultural heritage?
A) Kempegowda International Airport
B) Cochin International Airport
C) Mangaluru International Airport
D) Goa International Airport
E) Hubballi Airport
Answer: C) Mangaluru International Airport

Event and Location:

  • Event: 10-ft. Yakshagana statue unveiled at airport to celebrate coastal Karnataka’s culture
  • Location: Mangaluru International Airport, Karnataka
  • Date: September 12, 2025

Mandates and Objectives:

  • Mandates:
    • Mangaluru International Airport Ltd. unveiled a 10-foot granite Yakshagana statue at its departure area as part of its initiative to showcase regional art in public spaces.
  • Objectives:
    • To promote local culture and heritage through airport art installations, enhance passenger experience, and represent coastal Karnataka’s rich artistic traditions.

Important Terms Explained:

  • Yakshagana:
    • A traditional folk theatre form of Karnataka, combining music, dance, dialogue, costume, and stagecraft, typically performed in open-air settings in the coastal districts.
  • Mangaluru International Airport:
    • An international airport serving Mangaluru and surrounding coastal districts, known for integrating local cultural elements into its infrastructure and aesthetic design.
  • Cultural Integration in Public Spaces:
    • A concept where art, sculpture, and local heritage are incorporated into airports, railway stations, and other public areas to create immersive and regional experiences.

Tabular Summary:

Parameter Details
Event name 10-ft. Yakshagana statue unveiled at Mangaluru International Airport
Announcement date September 12, 2025
Location Mangaluru, Karnataka
Issuing authority Mangaluru International Airport Ltd.
Policy/series name Cultural Integration at Public Infrastructure
Key figures Airport management, local artists (names not specified)
Purpose/reason Celebrate and preserve coastal Karnataka’s Yakshagana art form
Feature details 10-foot granite statue; displayed at the departure area
Validity or status Statue officially unveiled and open to public
Strategic/significant value Enhances tourism, passenger engagement, and cultural visibility

24. Which city is set to host the 28th National Conference on e-Governance (NCEG) in September 2025?
A) Hyderabad
B) Bengaluru
C) Chennai
D) Visakhapatnam
E) Pune
Answer: D) Visakhapatnam

Event and Location:

  • Event: 28th National Conference on e-Governance (NCEG)
  • Location: Visakhapatnam, Andhra Pradesh
  • Date: September 22–23, 2025

Mandates and Objectives:

  • Mandates:
    • The 28th NCEG is being organized by the e-Governance Division of the Ministry of Personnel, Public Grievances and Pensions, in collaboration with the Government of Andhra Pradesh. It will be held at Novotel Hotel, Visakhapatnam.
  • Objectives:
    • To facilitate national-level dialogue on digital transformation, enhance public service delivery, and discuss e-Governance policies, civil service reforms, career development, and grievance redressal mechanisms.

Important Terms Explained:

  • e-Governance:
    • The use of digital technologies to enhance government services, improve citizen access, transparency, and administrative efficiency.
  • National Conference on e-Governance (NCEG):
    • An annual flagship event held under the Ministry of Personnel to bring together stakeholders to discuss trends, achievements, and strategies in digital governance.
  • Viksit Bharat:
    • A national vision targeting India’s holistic development by 2047, emphasizing technology, transparency, and citizen-centric services.

Tabular Summary:

Parameter Details
Event name 28th National Conference on e-Governance (NCEG)
Announcement date September 12, 2025
Location Visakhapatnam, Andhra Pradesh
Issuing authority Ministry of Personnel, Public Grievances and Pensions
Policy/series name National e-Governance Initiative
Key figures Dr. Jitendra Singh, M. N. Harendhira Prasad, AP State Govt
Purpose/reason Discuss digital transformation, civil services reform, grievance systems
Feature details 2-day event, 6 plenary and 6 breakout sessions
Validity or status Scheduled for September 22–23, 2025
Strategic/significant value Promotes innovation in governance and public service efficiency

25. Which train has become India’s fastest operational train in 2025 by clocking 160 km/h?
A) Vande Bharat Express
B) Gatimaan Express
C) Tejas Express
D) Namo Bharat
E) Rajdhani Express
Answer: D) Namo Bharat

Event and Location:

  • Event: Namo Bharat becomes India’s fastest train
  • Location: Delhi–Meerut RRTS Corridor
  • Date: September 12, 2025

Mandates and Objectives:

  • Mandates:
    • The Namo Bharat train, operating on the Delhi–Meerut Regional Rapid Transit System (RRTS), has officially become India’s fastest train, achieving speeds of 160 km/h.
  • Objectives:
    • To reduce travel time, decongest roads, enhance intercity mobility, and provide a sustainable, fast, and modern transport system for Delhi-NCR and neighboring states.

Important Terms Explained:

  • RRTS (Regional Rapid Transit System):
    • A new category of high-speed, high-frequency regional rail designed for quick intercity travel over medium distances with dedicated corridors.
  • Automatic Train Protection (ATP):
    • A safety system that automatically controls train speed to prevent collisions and ensure secure operation.
  • Automatic Train Operations (ATO):
    • A driver-assist or driverless technology that manages train movement including speed, braking, and station stopping automatically.
  • Alstom:
    • A global rail manufacturing company. The Namo Bharat trainsets were designed in Hyderabad and manufactured at Alstom’s Savli facility in Gujarat.
  • Gatimaan and Vande Bharat:
    • Previously India’s fastest trains, both are now capped at 130 km/h due to SEBI-imposed restrictions on mixed-use routes.

Tabular Summary:

Parameter Details
Event name Namo Bharat becomes India’s fastest train
Announcement date September 12, 2025
Location Delhi–Meerut RRTS Corridor
Issuing authority NCRTC / Government of India
Policy/series name Regional Rapid Transit System (RRTS)
Key figures PM Narendra Modi, NCRTC, Alstom
Purpose/reason Enhance regional mobility and reduce commute time
Feature details 160 km/h speed, 82.15 km route, 16 stations, integrated with Meerut Metro
Validity or status Operational; First segment launched in Oct 2023
Strategic/significant value Boosts regional infrastructure, green mobility, urban-rural integration


Over All Review

Banking and Finance 

  • SEBI has reintroduced the B30 incentive scheme to reward mutual fund distributors for onboarding new investors from beyond the top 30 cities.
  • TCIL and Punjab National Bank signed an MoU to enhance IT and digital banking infrastructure under the Digital India mission.

Business And Economy

  • Apollo Hospitals will acquire a 30.58% stake in Apollo Health and Lifestyle Ltd from IFC and IFC EAF for ₹1,254 crore.
  • BHEL has secured a ₹22.87 crore order from Indian Railways to supply and install the KAVACH automatic train protection system.
  • India’s retail inflation rose to 2.07% in August 2025, up from 1.61% in July, mainly due to rising food prices.

Acquisitions and Mergers

  • RBI has approved ICICI Bank’s proposal to acquire up to 2% additional stake in ICICI Prudential AMC.

Appointments

  • Sushila Karki was sworn in as Nepal’s first woman Prime Minister on September 12, 2025, following major anti-government protests.
  • Acharya Devvrat has been given additional charge as Maharashtra Governor after C. P. Radhakrishnan was elected Vice-President.
  • Srinivas Injeti has been appointed as Chairperson of the NSE Governing Board with SEBI’s approval.

Awards 

  • Sunray Resorts of Bhogapuram received the Best Tourism and Hospitality Award in a ceremony held in Vijayawada.
  • Dr. Manmohan Singh was posthumously awarded the PV Narasimha Rao Memorial Award for Economics on September 12, 2025.

Defence

  • The Indian Air Force has proposed the acquisition of 114 Rafale jets worth over ₹2 lakh crore under the Make in India initiative.
  • The Indian Navy commissioned INS Aravali, a shore-based information warfare hub, in Gurugram on September 12, 2025.

International Affairs

  • India announced a USD 680 million Special Economic Package for Mauritius covering healthcare, infrastructure, and strategic cooperation.
  • India launched SAJEX 2025, the Saudi Arabia Jewellery Exposition, to boost gem and jewellery exports to the Gulf region.

National Affairs

  • India has approved a ₹30,000 crore plan to build 500 km of railway lines along the northeastern frontier bordering China, Bhutan, and Myanmar.
  • The Andhra Pradesh government will procure 50 lakh metric tonnes of paddy during the 2025–26 Kharif season.
  • Deputy CM Udhayanidhi Stalin inaugurated 2,480 tenement housing units constructed under TNUHDB in Tamil Nadu.
  • The Maharashtra government has allotted 100 acres to RRP Electronics to set up a semiconductor fab unit in Navi Mumbai.
  • The Bengaluru Traffic Police’s ASTraM app will be integrated with the Gundi Gamana platform to monitor potholes and waterlogging.
  • Karnataka is set to introduce a new Textile Policy 2025–2030 to attract investments and create 2 lakh jobs.
  • The Kerala government has sanctioned ₹66 lakh for infrastructure improvement at Maharaja’s College, Ernakulam.
  • A 10-foot granite statue of Yakshagana was unveiled at Mangaluru International Airport on September 12, 2025.
  • Visakhapatnam will host the 28th National Conference on e-Governance (NCEG) on September 22 and 23, 2025.
  • Namo Bharat has officially become India’s fastest train, operating at 160 km/h on the Delhi–Meerut RRTS.

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