Daily Current Affairs March 25

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 March 25. 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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March 25 | Daily Current Affairs 2025

Important Days – Daily Current Affairs March 25

1. When is the International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade observed?
A) 21 March
B) 25 March
C) 10 December
D) 1 February
E) 30 August
Answer: B) 25 March

Event and Location:

• Event: International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade observed
• Date: March 25, 2025
• Location: Global

Mandates and Objectives:

• Observance Purpose: To honor the memory of millions of victims of the transatlantic slave trade.
• Educational Goal: To inform future generations about the history and consequences of slavery.
• Justice Focus: To address and dismantle the systems of racial discrimination stemming from slavery.
• Commemoration Aim: To pay tribute to the courage and resistance of enslaved Africans.
• Awareness Mission: To highlight the continued relevance of slavery’s legacy in today’s racial and social inequalities.

Important Terms Explained:

• Transatlantic Slave Trade:
  • A historical system of forced migration where millions of Africans were transported primarily to the Americas between the 15th and 19th centuries for labor exploitation.
• Abolition of the Slave Trade Act (1807):
  • A British law that made the trade of slaves illegal but did not end the institution of slavery itself.
• Haitian Revolution (1791–1804):
  • A successful slave revolt in the French colony of Saint-Domingue, leading to the establishment of Haiti as the first Black-led independent republic.
• UN Resolution 61/19 (2006):
  • A United Nations resolution commemorating the 200th anniversary of the abolition of the transatlantic slave trade.
• UN Resolution 62/122 (2007):
  • The resolution that established 25 March as the official day to remember victims of slavery and the slave trade.
• Outreach Programme on the Transatlantic Slave Trade and Slavery:
  • A UN initiative to educate people globally about slavery’s history and its lasting impact.
• Routes of Enslaved Peoples Project:
  • A UNESCO-led project to preserve and promote understanding of the cultural and historical heritage of slavery and African diaspora.

Tabular Summary:

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Sports – Daily Current Affairs March 25

2. Which two Indian T20 League teams has Equitas Small Finance Bank partnered with as their Official Banking Partner?
A) Mumbai Indians and Rajasthan Royals
B) Delhi Capitals and Sunrisers Hyderabad
C) Chennai Super Kings and Gujarat Titans
D) Kolkata Knight Riders and Lucknow Super Giants
E) Punjab Kings and Royal Challengers Bangalore
Answer: C) Chennai Super Kings and Gujarat Titans

Event and Location:

• Event: Equitas Small Finance Bank partners with CSK and GT as Official Banking Partner
• Date: March 25, 2025
• Location: India

Mandates and Objectives:

• Partnership Aim: To strengthen brand visibility and community engagement through association with Indian T20 League teams.
• Strategic Duration: To maintain a long-term connection with Chennai Super Kings for six years and Gujarat Titans for three years.
• Campaign Vision: To promote financial empowerment through the ‘Bank Behind Champions’ initiative.
• Brand Positioning Objective: To reflect values like dedication, resilience, and excellence by aligning with champion teams.

Important Terms Explained:

• Official Banking Partner:
  • A brand that supports a sports team financially and gains exclusive branding rights and visibility during the season.
• Bank Behind Champions Campaign:
  • A marketing campaign launched by Equitas SFB symbolizing support for excellence in sports and finance.
  • Aims to empower customers and small businesses through accessible financial services.
• CASA Products:
  • Refers to Current Account and Savings Account services offered by banks.
  • CASA ratio is often a key metric to evaluate a bank’s deposit strength and operational efficiency.
• DIY Banking Journeys:
  • Self-service digital banking experiences offered by banks, enabling customers to open accounts, apply for loans, or manage finances independently.

Tabular Summary:

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Banking and Finance – Daily Current Affairs March 25

3. What is the interest rate announced by RBI for the Government of India Floating Rate Bond 2033 (GOI FRB 2033) for the period March 22, 2024, to September 21, 2024?
A) 7.45%
B) 8.10%
C) 8.34%
D) 8.00%
E) 7.90%
Answer: C) 8.34%

Event and Location:

• Event: RBI announces 8.34 percent interest rate for GOI Floating Rate Bond 2033
• Date: March 25, 2025
• Location: India

Mandates and Objectives:

• Interest Revision Objective: To revise the interest rate of the GOI Floating Rate Bond 2033 in line with market trends.
• Market Alignment Goal: To ensure bond yields reflect short-term government security trends transparently.
• Investor Benefit Aim: To offer investors stable returns tied to current Treasury Bill yields.

Important Terms Explained:

• Floating Rate Bond (FRB):
  • Bond Type: A government bond with a variable interest rate that adjusts at regular intervals.
  • Reset Feature: GOI FRB 2033 rate resets every six months.
• Weighted Average Yield (WAY):
  • Definition: The average return from recent government security auctions.
  • Usage: Acts as a base rate for computing the floating bond’s interest.
• Fixed Spread:
  • Definition: A constant additional margin over the base rate.
  • Spread Value: Fixed at 1.22% for GOI FRB 2033.
• 182-Day Treasury Bill:
  • Nature: A short-term government security used in the money market.
  • Role: Acts as the benchmark for determining the FRB interest rate.

Tabular Summary:

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4. How much worth of unclaimed deposits have public sector banks transferred to the RBI’s DEA Fund between 2019-20 and 2024-25?
A) ₹25,000 crore
B) ₹30,000 crore
C) ₹35,000 crore
D) ₹40,000 crore
E) ₹45,000 crore
Answer: E) ₹45,000 crore

Event and Location:

• Event: Over ₹45,000 crore of unclaimed deposits transferred to RBI’s DEA Fund
• Date: March 25, 2025
• Location: India

Mandates and Objectives:

• Fund Transfer Purpose: To pool unclaimed bank deposits into a central fund managed by RBI for depositor protection.
• Legal Provision: The transfer is made under the Depositor Education and Awareness Fund Scheme, 2014.
• Customer Protection Goal: To ensure that depositors or their legal heirs can still claim the funds after they become unclaimed.
• Digital Access Mission: To simplify access to unclaimed deposit information through the UDGAM portal launched by RBI.

Important Terms Explained:

• Unclaimed Deposits:
  • Refers to savings and current accounts inactive for 10 years or term deposits not claimed within 10 years of maturity.
• Depositor Education and Awareness (DEA) Fund:
  • A fund managed by the Reserve Bank of India under the DEA Fund Scheme, 2014.
  • It receives unclaimed deposit amounts from banks and facilitates customer claims.
• UDGAM Portal:
  • Full form: Unclaimed Deposits – Gateway to Access Information.
  • A centralised online platform launched by RBI in 2023.
  • Allows users to search unclaimed deposits across 30 participating banks.
• Claim Process for Depositors:
  • Claim is submitted to the respective bank.
  • Bank verifies and processes repayment, and then claims reimbursement from RBI’s DEA Fund.

Tabular Summary:

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5. What is the name of the new platform launched in 2025 to enhance PSU bank e-auctions for asset sales?
A) Bharat Auction Portal
B) DigiBid
C) e-BKray 2.0
D) BAANKNET
E) NPA-VIKRAY
Answer: D) BAANKNET

Event and Location:

• Event: Government launches BAANKNET and e-BKray to enhance PSU bank e-auctions for asset sales
• Date: March 25, 2025
• Location: India

Mandates and Objectives:

• Auction System Reform Goal: To revamp the e-auction mechanism of Public Sector Banks for asset sales.
• Transparency Enhancement Objective: To ensure more transparent, traceable, and secure disposal of Non-Performing Assets (NPAs).
• Digital Transformation Aim: To replace fragmented systems with advanced, unified platforms ensuring smooth user experience and secure operations.
• Financial Recovery Focus: To assist banks in recovering bad loans through efficient auctioning of seized or foreclosed properties.

Important Terms Explained:

• BAANKNET Portal:
  • Launched on January 3, 2025, as a next-generation property listing and e-auction portal.
  • Offers integrated features such as mobile/web access, automated KYC, and intelligent auction engines.
  • Designed to optimize sale values and simplify processes for all stakeholders.
• e-BKray Platform:
  • An earlier e-auction portal launched on February 28, 2019.
  • Designed to list and auction bank-owned properties under recovery or foreclosure due to NPA classification.
• Non-Performing Assets (NPAs):
  • Loans or advances that remain unpaid for more than 90 days.
  • NPAs lead to loss of income for banks and are resolved through asset recovery mechanisms including auctions.
• Insolvency and Bankruptcy Board of India (IBBI):
  • A key regulatory authority managing insolvency proceedings.
  • Participates in property listings and auctions through BAANKNET to streamline recoveries.

Tabular Summary:

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Business and Economy – Daily Current Affairs March 25

6. By how much has India’s GDP grown between 2015 and 2025, making it one of the fastest-growing major economies?
A) 85%
B) 74%
C) 105%
D) 28%
E) 66%
Answer: C) 105%

Event and Location:

• Event: India’s GDP doubled from $2.1 trillion in 2015 to $4.3 trillion in 2025
• Date: March 25, 2025
• Location: India

Mandates and Objectives:

• Economic Milestone Objective: To achieve a doubling of GDP over a 10-year span, signaling India’s rise as a major global economic power.
• Structural Reform Goal: To implement major economic policies that boost manufacturing, trade, infrastructure, and innovation.
• Investment Promotion Focus: To enhance investor confidence and increase FDI inflows in core sectors.
• Global Ranking Target: To position India as the third-largest economy globally by surpassing Japan and Germany.

Important Terms Explained:

• Gross Domestic Product (GDP):
  • The total monetary value of all goods and services produced within a country over a specific period.
  • It is a key indicator of a nation’s economic performance and size.
• Inflation-Adjusted Growth:
  • Also known as real GDP growth.
  • Reflects the actual increase in economic output after removing the effects of price inflation.
• Goods and Services Tax (GST):
  • A unified indirect tax system introduced in India in 2017.
  • Replaced multiple taxes and streamlined trade and logistics across states.
• Production-Linked Incentive (PLI) Schemes:
  • Government initiatives to promote domestic manufacturing and reduce import dependence.
  • Offer financial incentives to companies based on increased production levels.
• Make in India Initiative:
  • A campaign launched in 2014 to attract foreign investments and develop India as a global manufacturing hub.

Tabular Summary:

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7. Which company has taken control of Reliance Capital (RCAP) after completing a three-year resolution process?
A) IndusInd Bank
B) Reliance Industries
C) IndusInd International Holdings Ltd (IIHL)
D) BlackRock India
E) L&T Finance Holdings
Answer: C) IndusInd International Holdings Ltd (IIHL)

Event and Location:

• Event: IIHL takes control of Reliance Capital and reconstitutes board
• Date: March 19, 2025
• Location: New Delhi, India

Mandates and Objectives:

• Acquisition Purpose: To take over Reliance Capital and its subsidiaries after a three-year resolution process.
• Governance Strengthening Goal: To restructure and reconstitute the board of RCAP and restore financial discipline.
• Sectoral Expansion Objective: To enhance IIHL’s presence across the BFSI (Banking, Financial Services, and Insurance) sector.
• Value Creation Aim: To transform Reliance Capital into a ₹20,000 crore insurance business and achieve a $50 billion valuation by 2030.

Important Terms Explained:

• IndusInd International Holdings Ltd (IIHL):
  • A Mauritius-based entity backed by the Hinduja Group.
  • Successfully acquired Reliance Capital with a resolution bid of ₹9,650 crore.
  • Aims to build a full-spectrum presence across BFSI through this acquisition.
• Reliance Capital (RCAP):
  • A financial services firm formerly part of the Anil Dhirubhai Ambani Group.
  • Was placed under RBI-appointed administration in November 2021 due to governance issues and payment defaults.
• Corporate Insolvency Resolution Process (CIRP):
  • A legal process under India’s Insolvency and Bankruptcy Code (IBC) for resolving distressed companies.
  • IIHL emerged as the successful resolution applicant for RCAP in April 2023.
• RBI Administration:
  • The Reserve Bank of India appointed Nageswara Rao Y as the administrator for RCAP.
  • Bids for acquisition were invited in February 2022 as part of the resolution effort.
• Bancassurance Model:
  • A business model wherein insurance products are sold through bank branches or digital platforms of a bank.
  • IIHL plans to implement this model through its insurance arms under Reliance Capital.

Tabular Summary:

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Books and Authors – Daily Current Affairs March 25

8. What is the title of Syed Kirmani’s autobiography that revisits the 1983 World Cup and Kapil Dev’s iconic 175*?
A) Wicket Tales
B) Beyond the Boundary
C) Stumped
D) Keeper’s Chronicle
E) 175 Not Out
Answer: C) Stumped

Event and Location:

• Event: Syed Kirmani’s autobiography Stumped revisits 1983 World Cup and Kapil Dev’s 175*
• Date: March 25, 2025
• Location: India

Mandates and Objectives:

• Book Launch Purpose: To narrate Syed Kirmani’s cricketing journey and India’s 1983 World Cup triumph.
• Historical Preservation Goal: To offer an authentic first-hand perspective of key moments in Indian cricket.
• Player Tribute Focus: To honor Kapil Dev’s historic innings and highlight Kirmani’s critical role in the match.
• Career Reflection Objective: To reveal personal struggles, achievements, and behind-the-scenes stories from Kirmani’s life.

Important Terms Explained:

• Kapil Dev’s 175 Not Out (1983 World Cup):
  • Played against Zimbabwe when India was struggling at 17/5.
  • This unbeaten 175 helped India reach 266/8 and eventually secure a crucial win.
  • Considered one of the greatest ODI innings in cricket history.
• Syed Kirmani – Wicketkeeper Role:
  • Known for his excellent glove work and consistent performance behind the stumps.
  • His 126-run ninth-wicket stand with Kapil Dev was pivotal in India’s recovery in that match.
• Stumped (Autobiography):
  • A sports memoir co-authored by Syed Kirmani, Debashish Sengupta, and Dakshesh Pathak.
  • Blends humor, cricketing anecdotes, and personal experiences.
• 1983 Cricket World Cup:
  • Held in England, marked India’s first-ever World Cup victory.
  • Changed the face of Indian cricket and made cricket a national passion.

Tabular Summary:

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Appointments – Daily Current Affairs March 25

9. Who has been appointed as the brand ambassador for Tata Motors’ Passenger and Electric Vehicle segment in 2025?
A) Ranveer Singh
B) Ayushmann Khurrana
C) Vicky Kaushal
D) Rajkummar Rao
E) Varun Dhawan
Answer: C) Vicky Kaushal

Event and Location:

• Event: Tata Motors appoints Vicky Kaushal as brand ambassador for Passenger and Electric Vehicles
• Date: March 25, 2025
• Location: India

Mandates and Objectives:

• Brand Endorsement Aim: To enhance Tata Motors’ public image by collaborating with a popular and credible celebrity.
• Product Launch Focus: To create buzz around the upcoming Tata Curvv SUV during IPL 2025 through a dedicated campaign.
• Innovation Alignment Goal: To align the brand with innovation, disruption, and the ‘Make in India’ initiative.
• Audience Engagement Strategy: To reach young, digitally connected consumers via multi-platform promotions.

Important Terms Explained:

• Brand Ambassador:
  • A public figure officially representing a brand and featured in its marketing campaigns.
  • Vicky Kaushal will now serve as the face of Tata Motors’ Passenger and EV lineup.
• Take the Curvv Campaign:
  • A promotional initiative centered on the Tata Curvv SUV’s launch.
  • Includes TV, digital, and mobile advertisements during IPL 2025.
  • Symbolizes breaking barriers and taking bold steps in mobility design and lifestyle.
• IPL 2025:
  • The Indian Premier League season of 2025, used as a major platform for marketing the Tata Curvv.
  • Offers high visibility across varied audience segments, making it ideal for brand campaigns.
• Make in India:
  • A government initiative promoting domestic manufacturing and self-reliance.
  • Tata Motors’ promotion reflects its alignment with this national goal.

Tabular Summary:

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10. Who has been given the additional charge as Chairman and Managing Director (CMD) of REC Ltd for three months?
A) R.K. Singh
B) Alok Kumar
C) Parminder Chopra
D) S.S. Rathi
E) Bhanu Pratap Yadav
Answer: C) Parminder Chopra

Event and Location:

• Event: Parminder Chopra assumes additional charge as CMD of REC Ltd
• Date: March 25, 2025
• Location: India

Mandates and Objectives:

• Appointment Purpose: To ensure leadership continuity at REC Ltd while the regular appointment is pending.
• Dual Leadership Objective: To manage responsibilities at both REC Ltd and Power Finance Corporation efficiently.
• Strategic Focus Area: To steer REC Ltd toward innovation and leadership in sustainable energy financing.
• Short-Term Tenure Goal: To manage operations effectively during the interim three-month period.

Important Terms Explained:

• REC Ltd:
  • Formerly known as Rural Electrification Corporation Limited.
  • A government-owned NBFC under the Ministry of Power, engaged in financing and promoting power sector projects.
• Power Finance Corporation (PFC):
  • A leading public sector financial institution that funds power and infrastructure projects.
  • It is the parent company of REC Ltd.
• Liquidity Infusion Scheme (LIS):
  • A government-backed financial assistance package under the Atmanirbhar Bharat initiative.
  • PFC secured ₹1.12 trillion to support financially stressed power distribution companies.
• Atmanirbhar Bharat:
  • A government initiative to make India self-reliant by boosting domestic capacity across sectors.

Tabular Summary:

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11. Who has been appointed as India’s new Finance Secretary in March 2025?
A) Tuhin Kanta Pandey
B) Alok Kumar
C) Ajay Seth
D) Tarun Bajaj
E) Sanjay Malhotra
Answer: C) Ajay Seth

Event and Location:

• Event: Ajay Seth appointed as India’s new Finance Secretary
• Date: March 24, 2025
• Location: India

Mandates and Objectives:

• Appointment Purpose: To lead the Ministry of Finance in implementing fiscal reforms and economic policy.
• Policy Reform Focus: To continue driving economic growth through infrastructure finance and deregulation.
• Strategic Vision Goal: To align India’s economic trajectory with the long-term Vision 2047 framework.
• Fiscal Leadership Aim: To manage macroeconomic stability while ensuring growth-oriented fiscal strategies.

Important Terms Explained:

• Finance Secretary:
  • The senior-most bureaucrat in the Ministry of Finance responsible for coordinating across its five departments.
  • Acts as a key advisor to the government on fiscal matters, reforms, and economic strategy.
• Department of Economic Affairs (DEA):
  • A department under the Ministry of Finance responsible for economic policy, capital markets, infrastructure financing, and foreign investment.
• Vision 2047:
  • A long-term national goal aiming to transform India into a fully developed nation by the year 2047, the centenary of independence.
• 50-year Interest-Free Loans Scheme:
  • A special financial initiative encouraging states to implement key reforms in return for long-term interest-free capital support from the central government.

Tabular Summary:

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12. Who has been elected as the Chairman of the Global System for Mobile Communications Association (GSMA) in 2025?
A) Sunil Bharti Mittal
B) Mukesh Ambani
C) Gopal Vittal
D) José Maria Álvares-Pallete
E) Anil Ambani
Answer: C) Gopal Vittal

Event and Location:

• Event: Gopal Vittal elected as Chairman of GSMA
• Date: March 25, 2025
• Location: Global

Mandates and Objectives:

• Appointment Purpose: To lead GSMA in steering global telecom advancements and industry policymaking.
• Global Representation Goal: To unify the mobile communications ecosystem through collaborative leadership.
• Industry Strategy Focus: To support technological innovation, policy reforms, and the global digital economy.
• Leadership Continuity Aim: To ensure smooth transition from acting chair to officially elected Chairman role.

Important Terms Explained:

• GSMA (Global System for Mobile Communications Association):
  • An international organization representing the interests of over 1,100 companies in the mobile and telecommunications sector.
  • Plays a key role in policy advocacy, technology development, and global telecom standardization.
• Gopal Vittal:
  • Vice Chairman and Managing Director of Bharti Airtel.
  • Became the second Indian after Sunil Mittal to chair the GSMA.
  • Previously served as Deputy Chair and Board Member of GSMA (2019–2020).
• Telecom Sector Contribution:
  • In 2024, the global mobile industry contributed $6.5 trillion to the global economy, underlining its economic significance.
• José Maria Álvares-Pallete:
  • Former CEO of Telefónica and outgoing GSMA Chairman, who stepped down in early 2025.

Tabular Summary:

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Awards – Daily Current Affairs March 25

13. Who has been selected for the Sangita Kalanidhi award for the year 2025 by the Music Academy?
A) V.V. Subrahmanyam
B) D.K. Jayaraman
C) R.K. Shriramkumar
D) T.R. Govindarajan
E) R.K. Srikantan
Answer: C) R.K. Shriramkumar

Event and Location:

• Event: Violinist R.K. Shriramkumar selected for the Sangita Kalanidhi award for 2025
• Date: March 25, 2025
• Location: Chennai, Tamil Nadu

Mandates and Objectives:

• Award Recognition Purpose: To honor exceptional contributions to the field of Carnatic music.
• Cultural Promotion Goal: To uphold the tradition of recognizing stalwarts during the Music Academy’s annual conference.
• Musicology Contribution Focus: To highlight the role of the awardee in preserving and promoting classical compositions and traditions.

Important Terms Explained:

• Sangita Kalanidhi Award:
  • The highest honor presented by the Music Academy, Chennai, to individuals for outstanding contributions to Carnatic music.
  • The recipient presides over the Music Academy’s annual conference and presents scholarly insights into musicology.
• Sangita Sampradaya Pradarsani:
  • An authoritative compilation of compositions by Muthuswami Dikshitar.
  • Considered a critical reference for traditional Carnatic music rendering and teaching.
• Sadas (Valedictory Function):
  • The concluding session of the Music Academy’s annual conference where major awards are presented.
• Music Academy, Chennai:
  • One of India’s premier institutions for Carnatic music, established in 1928.
  • Organizes an annual December season of concerts and awards.

Tabular Summary:

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Science and Technology – Daily Current Affairs March 25

14. Which company, founded by Elon Musk, recently joined Microsoft and BlackRock’s $30 billion AI infrastructure fund?
A) Neuralink
B) xAI
C) Tesla AI
D) Hyperloop AI
E) DeepMind
Answer: B) xAI

Event and Location:

• Event: Elon Musk’s xAI joins Microsoft-BlackRock $30 billion AI infrastructure fund
• Date: March 19, 2025
• Location: Global (with focus on US infrastructure development)

Mandates and Objectives:

• Infrastructure Investment Goal: To develop $30 billion worth of data centers and energy infrastructure dedicated to artificial intelligence.
• Collaborative Initiative: To pool resources from major players in AI and investment sectors including Microsoft, BlackRock, MGX, and now xAI.
• Energy & Tech Integration Objective: To meet AI’s growing energy demand with sustainable and scalable infrastructure solutions.
• Renaming and Expansion Aim: The coalition has been renamed AI Infrastructure Partnership (AIP) and aims to attract additional investors.

Important Terms Explained:

• xAI (by Elon Musk):
  • An artificial intelligence company founded by Elon Musk in 2023.
  • Positioned as a competitor to OpenAI with a focus on “truthful” AI models.
  • Now a key member of the AI Infrastructure Partnership alongside Microsoft and BlackRock.
• AI Infrastructure Partnership (AIP):
  • A collaboration between Microsoft, BlackRock, MGX, and others to develop AI-specific data infrastructure.
  • Aims to raise $30 billion in equity and potentially leverage $100 billion in future investments.
  • Also involves energy firms like NextEra Energy and GE Vernova to power AI data centers.
• MGX:
  • An Abu Dhabi-based investment entity overseen by Sheikh Tahnoon bin Zayed Al Nahyan.
  • Has backed both OpenAI and xAI, and is part of the US $100 billion “Stargate” AI investment initiative.
• Nvidia Corp.:
  • Initially named as a technical adviser and now formally a part of the AI infrastructure group.
  • Supplies high-performance chips critical to AI training and inference.
• Stargate Initiative:
  • A $100 billion US-centric AI investment plan reportedly supported by MGX and intended to boost national AI capabilities.

Tabular Summary:

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15. What is the name of the new AI PC solution launched by HCLTech in collaboration with Intel?
A) AI FlexiCore
B) HCL AI Hub
C) FlexSpace
D) UltraEdge
E) SmartCompute
Answer: C) FlexSpace

Event and Location:

• Event: HCL Technologies launches FlexSpace for AI PCs in collaboration with Intel
• Date: March 19, 2025
• Location: India

Mandates and Objectives:

• Product Launch Purpose: To offer an advanced AI-driven workplace computing solution combining HCLTech’s FlexSpace with Intel’s latest processors.
• Enterprise Benefit Aim: To provide local AI processing on devices for enhanced performance, reduced latency, and improved data security.
• Experience-as-a-Service Model: To deliver scalable, secure, and efficient AI-powered digital work environments under the FlexSpace offering.
• Innovation Goal: To accelerate enterprise AI adoption with secure, responsive, and intelligent computing infrastructure.

Important Terms Explained:

• HCLTech FlexSpace:
  • A digital workplace solution designed under the Experience-as-a-Service model.
  • Enables enterprises to deploy AI-capable computing infrastructure for improved productivity and analytics.
• Intel Core Ultra Processors:
  • A new line of processors by Intel, optimized for AI workloads.
  • Designed to process AI tasks directly on devices rather than relying on cloud-based servers.
• AI PCs:
  • Personal computers embedded with AI-specific hardware and software to support applications like real-time analytics, automation, and intelligent assistants.
• AI Force and Edge AI:
  • HCLTech AI Force: A suite of AI solutions for enterprise deployment.
  • Edge AI: Allows AI computations at the device or local server level for faster decision-making without cloud dependency.
• AIoT (Artificial Intelligence of Things):
  • A fusion of AI and IoT that enables devices to learn from data and make intelligent decisions independently.
  • FlexSpace enhances performance of AIoT by reducing latency.

Tabular Summary:

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National Affairs – Daily Current Affairs March 25

16. Which Indian state became the first to establish a Senior Citizens Commission by passing a dedicated bill in 2025?
A) Tamil Nadu
B) Maharashtra
C) Kerala
D) Karnataka
E) Gujarat
Answer: C) Kerala

Event and Location:

• Event: Kerala became the first state to establish a Senior Citizens Commission
• Date: March 25, 2025
• Location: Kerala, India

Mandates and Objectives:

• Legislative Goal: To formally recognize and protect the rights of senior citizens through a statutory body.
• Welfare Focus: To ensure elderly citizens receive necessary protection, legal support, and rehabilitation.
• Policy Advisory Role: To assist the government in shaping policies focused on the holistic well-being of senior citizens.
• Inclusivity Aim: To encourage active societal participation and respect for the elderly population.

Important Terms Explained:

• Senior Citizens Commission:
  • A statutory body formed under the Kerala State Senior Citizens Commission Act, 2025.
  • Functions as the first state-level institution in India dedicated exclusively to elderly welfare.
• Grievance Redressal Mechanism:
  • A structured system under the Commission to handle complaints regarding neglect, abuse, or rights violations faced by senior citizens.
• Skill Utilization Programmes:
  • Initiatives aimed at engaging senior citizens to share their expertise and knowledge with the community, fostering purposeful living post-retirement.
• Legal Aid Support:
  • Provision of legal assistance to senior citizens, particularly in cases involving abuse, neglect, or disputes related to property and inheritance.

Tabular Summary:

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17. Which Indian state has announced the development of Ganga and Sharda river corridors to boost religious tourism?
A) Uttar Pradesh
B) Himachal Pradesh
C) Uttarakhand
D) Bihar
E) Madhya Pradesh
Answer: C) Uttarakhand

Event and Location:

• Event: Uttarakhand government announces Ganga and Sharda river corridors to boost religious tourism
• Date: March 25, 2025
• Location: Uttarakhand, India

Mandates and Objectives:

• Religious Tourism Boost: To enhance accessibility and convenience for pilgrims visiting spiritual sites along the Ganga and Sharda rivers.
• Infrastructure Development Focus: To improve roads, ghats, temples, and public facilities across the river corridors.
• Cultural Preservation Goal: To conserve ancient temples, rituals, and traditions that form the spiritual identity of Uttarakhand.
• Economic Upliftment Aim: To generate employment and opportunities through tourism-related services.
• Vedic Knowledge Promotion: To revive ancient Indian wisdom and integrate it with modern scientific understanding.

Important Terms Explained:

• Ganga and Sharda Rivers:
  • Both rivers hold immense religious and cultural significance in Hinduism.
  • Ganga is worshipped as a goddess and flows through major pilgrimage cities like Haridwar and Rishikesh.
  • Sharda River (also known as Kali River) originates in Pithoragarh and is sacred in the Kumaon region.
• Shastraotsav:
  • An annual event celebrating Indian scriptures, held at Patanjali Vishwavidyalaya, Haridwar.
  • Provides a platform to discuss ancient texts and their relevance in contemporary science and spirituality.
• Vedic Contributions to Science:
  • Indian scholars introduced fundamental concepts such as zero, the decimal system, algebra, and astronomy.
  • Texts like Aryabhatiya and Sushruta Samhita laid foundations for modern science and medicine.
• Devbhoomi:
  • A term meaning “Land of the Gods,” used to describe Uttarakhand due to its large number of pilgrimage destinations.

Tabular Summary:

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18. What is the total budget amount announced in the Delhi Budget 2025–26 by CM Rekha Gupta?
A) ₹85,000 crore
B) ₹90,000 crore
C) ₹1 lakh crore
D) ₹95,000 crore
E) ₹80,000 crore
Answer: C) ₹1 lakh crore

Event and Location:

• Event: Delhi Budget 2025–26 presented with a ₹1 lakh crore outlay
• Date: March 25, 2025
• Location: Delhi

Mandates and Objectives:

• Budget Allocation Goal: To drive Delhi’s infrastructure development, social welfare, and economic growth through a record ₹1 lakh crore budget.
• Capital Expenditure Focus: To boost infrastructure with a ₹28,000 crore capital outlay, double that of the previous year.
• Public Welfare Aim: To ensure inclusive development through healthcare, women welfare, education, and sanitation schemes.
• Governance and Efficiency Target: To ensure transparent, efficient, and corruption-free implementation of public projects.

Important Terms Explained:

• Capital Expenditure (CapEx):
  • Government spending on physical assets like infrastructure, buildings, and public utilities.
  • In this budget, ₹28,000 crore has been allocated to CapEx projects such as roads, sewer lines, and clean water systems.
• Pradhan Mantri Jan Arogya Yojana (PMJAY):
  • A centrally sponsored health insurance scheme offering free medical treatment up to ₹5 lakh per family per year to eligible beneficiaries.
  • ₹2,144 crore has been allocated under PMJAY in this budget for improving healthcare services.
• Traders’ Welfare Board:
  • A dedicated body proposed in the budget to support and address the issues of local traders and businesses in Delhi.
• Smart Electricity Lines Pilot Project:
  • ₹100 crore allocated to shift overhead electric cables underground, improving safety and aesthetics.

Tabular Summary:

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19. Which two Indian states were the sites of ASI’s recent discoveries related to megalithic burials and Buddhist antiquities?
A) Tamil Nadu and West Bengal
B) Kerala and Odisha
C) Karnataka and Gujarat
D) Andhra Pradesh and Bihar
E) Maharashtra and Assam
Answer: B) Kerala and Odisha

Event and Location:

• Event: ASI discovers over 110 megalithic burial sites in Kerala and Buddhist antiquities in Odisha
• Date: March 25, 2025
• Location: Kerala and Odisha

Mandates and Objectives:

• Exploration Purpose: To uncover and document India’s ancient archaeological heritage linked to both burial rituals and Buddhist architecture.
• Historical Understanding Objective: To provide deeper insights into Iron Age customs and the evolution of Buddhism in eastern India.
• Cultural Preservation Goal: To conserve the unearthed structures and artefacts for scholarly research and public awareness.
• Spiritual and Religious Insight Aim: To connect the discoveries with broader historical traditions and the spread of religious beliefs across regions.

Important Terms Explained:

• Megalithic Structures:
  • Large stone-built monuments used primarily for burial and ritualistic purposes.
  • Common in the Neolithic to early historic periods, particularly in southern India.
  • Constructed without binding materials using granite or laterite stones.
• Types of Megalithic Burials:
  • Cist Graves: Box-like stone coffins used for primary burials.
  • Stone Circles: Large stones arranged in circular forms to demarcate burial zones.
  • Urns: Ceramic containers used to store cremated remains.
  • Dolmens: Flat slab structures placed on upright stones, resembling stone tables.
  • Dolmenoid Cists: Enclosed chambered variations of dolmens, typically used for elite burials.
• Votive Stupas:
  • Small stupas created as religious offerings by Buddhist devotees.
  • Represent devotion and are commonly found in ancient monastic complexes.
  • Frequently include engraved figures of Buddhist deities.
• Chaitya Complex:
  • An ancient Buddhist prayer hall, often constructed in stone or brick.
  • Houses a stupa and served as a space for congregational worship and teaching.
• Vajrayana Buddhism:
  • A later branch of Mahayana Buddhism focused on rituals, mantras, and esoteric practices.
  • Originated in eastern India and spread to Southeast Asia and the Himalayan region.
  • Key deities include Tara, Manjusri, and Dhyani Buddha.

Tabular Summary:

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20. By what percentage has the Central Government increased the salary of Members of Parliament (MPs) as per the 2025 notification?
A) 18%
B) 20%
C) 22%
D) 24%
E) 25%
Answer: D) 24%

Event and Location:

• Event: Central Government notifies 24% hike in salaries and pensions for MPs
• Date: March 24, 2025
• Location: India

Mandates and Objectives:

• Revision Purpose: To align the salaries and pensions of MPs with rising living costs based on inflation trends.
• Policy Implementation: Executed under the Salary, Allowances and Pension of Members of Parliament Act, referring to the Cost Inflation Index as per the Income Tax Act, 1961.
• Financial Stability Goal: To provide enhanced financial security to sitting and former Members of Parliament.
• Historical Adjustment: This is the first salary revision since April 2018, addressing a six-year gap.

Important Terms Explained:

• Cost Inflation Index (CII):
  • A tool under the Income Tax Act, 1961 used to adjust income and expenses for inflation.
  • Used here to benchmark salary hikes against rising cost-of-living trends.
• Salary, Allowances and Pension of Members of Parliament Act:
  • Legislation governing the financial benefits and entitlements of Indian MPs.
  • Includes provisions for basic pay, pensions, and multiple allowances.
• Additional Pension for Former MPs:
  • MPs receive an extra monthly pension for each year served beyond five years.
  • The amount has now been increased from ₹2,000 to ₹2,500 per year.

Tabular Summary:

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21. Who among the following has been barred by SEBI for five years for fraudulent trading using privileged information?
A) Rajeev Misra
B) Harshad Mehta
C) Hemant Ghai
D) Rakesh Jhunjhunwala
E) Ketan Parekh
Answer: C) Hemant Ghai

Event and Location:

• Event: SEBI bars former TV anchor Hemant Ghai, his wife, and MAS Consultancy for fraudulent trading
• Date: March 19, 2025
• Location: India

Mandates and Objectives:

• Action Taken by SEBI: Barred Hemant Ghai, Jaya Ghai, and MAS Consultancy from trading in securities for five years.
• Penalty Purpose: To penalize misuse of privileged information and restore investor confidence in market integrity.
• Enforcement Objective: Directed disgorgement of ₹6.16 crore in unlawful gains with 12% annual interest from March 31, 2020, until payment.
• Preventive Aim: Highlighted the need for high standards of conduct by individuals in positions of influence, especially media professionals.

Important Terms Explained:

• SEBI (Securities and Exchange Board of India):
  • The regulatory body for securities markets in India.
  • Mandated to protect investors and ensure fair and transparent market practices.
• Disgorgement:
  • The act of repaying ill-gotten gains derived from illegal or unethical activity.
  • SEBI ordered the Ghais to repay ₹6.16 crore with interest.
• BTST Trading (Buy Today, Sell Tomorrow):
  • A strategy where a trader buys shares and sells them before they are delivered.
  • Often used to capitalize on short-term stock price movements.
• Material Non-Public Information:
  • Information not yet available to the public that could influence a company’s stock price.
  • Using such information for personal trading is considered insider trading, which is illegal.

Tabular Summary:

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22. Which airline has signed a five-year digital transformation deal with Tata Consultancy Services (TCS) in 2025?
A) Qantas Airways
B) Singapore Airlines
C) Emirates
D) Air New Zealand
E) British Airways
Answer: D) Air New Zealand

Event and Location:

• Event: TCS signs 5-year partnership with Air New Zealand to modernise digital infrastructure
• Date: March 19, 2025
• Location: Mumbai, India

Mandates and Objectives:

• Partnership Goal: To enhance Air New Zealand’s digital capabilities and modernise over 600 applications.
• Digital Transformation Focus: Leverages AI automation and cloud integration for improved operational efficiency.
• Customer Experience Objective: To streamline passenger services, loyalty programmes, and digital retail experiences.
• Operational Enhancement Plan: To improve functions including fleet management, ground services, cargo, and crew scheduling.

Important Terms Explained:

• AI-Driven Automation:
  • Utilisation of Artificial Intelligence to automate tasks such as disruption management, crew operations, and customer interaction.
  • Aims to boost efficiency and responsiveness in airline operations.
• Cloud Technologies:
  • Use of scalable, internet-based computing services for hosting and managing digital applications.
  • Reduces dependency on legacy IT infrastructure and improves flexibility.
• Digital Retail & Loyalty Programmes:
  • Enhancing customer-facing platforms for shopping, ticketing, and frequent flyer management.
  • Includes personalised offers and streamlined digital user experiences.
• Fleet and Crew Management:
  • Tools used to schedule flights, assign crew members, and optimise aircraft availability.
  • AI-powered systems help reduce delays and improve utilisation.

Tabular Summary:

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Over All Review

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