Daily Current Affairs October 17

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 October 17. 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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October 17 | Daily Current Affairs 2025

Ranking – Daily Current Affairs October 17

1. Which company made the biggest leap in Interbrand’s 2025 global brand rankings, moving from 36th to 15th?
A) Hyundai
B) Huawei
C) NVIDIA
D) Samsung
E) Toyota
Answer: C) NVIDIA

Event and Location:

• Event: Interbrand releases 2025 Best Global Brands list
• Location: Global (Reported in New Delhi)
• Date: October 17, 2025

Mandates and Objectives:

• Mandates: Global consulting firm Interbrand published its annual Best Global Brands report, ranking companies based on brand value metrics such as financial performance, brand influence, and competitiveness.
• Objectives: To evaluate and recognize the world’s most valuable brands and identify trends driving growth, particularly in sectors like AI, consumer electronics, and mobility.

Important Terms Explained:

• Interbrand Best Global Brands: An annual brand valuation report that ranks the world’s top 100 brands based on financial performance, consumer influence, and brand strength.
• NVIDIA: A U.S.-based AI semiconductor and graphics processing unit (GPU) company that rose dramatically from 36th in 2024 to 15th in 2025 due to explosive AI growth.
• Samsung Electronics: A South Korean multinational electronics company ranked 5th globally and 1st among Asian brands, with a brand value of $90.5 billion, credited to its AI-powered innovations.

Tabular Summary:

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Banking and Finance – Daily Current Affairs October 17

2. What was UCO Bank’s net profit for the second quarter (Q2) of FY25?
A) ₹603 crore
B) ₹620 crore
C) ₹590 crore
D) ₹635 crore
E) ₹645 crore
Answer: B) ₹620 crore

Event and Location:

• Event: UCO Bank announces Q2 FY25 financial results
• Location: New Delhi / Kolkata, India
• Date: October 17, 2025

Mandates and Objectives:

• Mandates: UCO Bank declared its Q2 FY25 results, reporting a net profit of ₹620 crore, a 2.82% increase over the same quarter last year, along with strong growth in advances and deposits.
• Objectives: To disclose financial performance for the quarter ending September 30, 2025, including improvements in business volumes, profitability, and asset quality.

Important Terms Explained:

• Gross NPA (Non-Performing Assets): The total value of loans for which the bank has stopped receiving interest or principal payments. A reduction in Gross NPA to 2.56% indicates improved asset quality.
• Gross Advances: The total amount of loans or credit extended by the bank. UCO Bank reported ₹2.31 lakh crore, up 16.56% YoY.
• Total Deposits: The total amount of customer funds held by the bank, which grew 10.85% YoY to ₹3.06 lakh crore.
• Total Business: The sum of gross advances and total deposits. UCO Bank’s total business crossed ₹5.36 lakh crore, a 13.23% YoY growth.

Tabular Summary:

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3. What is the name of the new micro-investment gold product launched by WinZO in partnership with SafeGold?
A) WinGold
B) DigiGold
C) ZO Gold
D) SafeWin
E) Gold Pro
Answer: C) ZO Gold

Event and Location:

• Event: WinZO launched a micro-investment product called ZO Gold
• Location: Pan-India (Digital platform)
• Date: October 17, 2025

Mandates and Objectives:

• Mandates: WinZO announced the launch of ZO Gold, a micro-investment offering that enables users to digitally invest in gold starting at just ₹2, in collaboration with SafeGold.
• Objectives: To make digital gold investment simple, accessible, and affordable for young professionals and first-time investors, especially in Tier-II and Tier-III cities across India.

Important Terms Explained:

• ZO Gold: A digital micro-investment product launched by WinZO in partnership with SafeGold, allowing users to buy and save in gold starting at ₹2, with the option of setting up recurring investments similar to Systematic Investment Plans (SIPs).
• SafeGold: A digital gold platform enabling secure gold ownership and storage, acting as the backend infrastructure partner for WinZO’s ZO Gold offering.
• SIP (Systematic Investment Plan): A method of investing a fixed sum regularly in financial instruments like mutual funds or gold, enabling disciplined saving habits and compounding benefits over time.

Tabular Summary:

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4. What is the minimum investment amount required in Jio Gold 24K Days festive scheme?
A) ₹50
B) ₹500
C) ₹100
D) ₹10
E) ₹1000
Answer: D) ₹10

Event and Location:

• Event: Launch of Jio Gold 24K Days festive gold investment scheme
• Location: Mumbai, Maharashtra
• Date: October 17, 2025

Mandates and Objectives:

• Mandates: Jio Financial Services Ltd (JFSL) launched a festive campaign titled “Jio Gold 24K Days”, allowing digital gold purchases starting at ₹10, along with a 2% bonus gold and a chance to win ₹10 lakh worth of prizes during Dhanteras and Diwali.
• Objectives: To promote digital gold investment among first-time and small-ticket investors, encourage festive-period savings, and expand financial inclusion through a digital-first investment platform.

Important Terms Explained:

• Jio Financial Services Ltd (JFSL): A Core Investment Company registered with the RBI, operating a full-stack financial services ecosystem with subsidiaries in credit, insurance, payments, and banking.
• Jio Gold 24K Days: A limited-period festive gold investment scheme offering digital gold purchases from ₹10, a 2% bonus on purchases of ₹2,000+, and mega prizes for purchases of ₹20,000+ via JioFinance or MyJio apps.
• Digital Gold: A method of purchasing 24 kt pure gold online in fractional amounts, stored securely in digital vaults, allowing investors to accumulate gold without physical handling.

Tabular Summary:

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5. How much did SBI raise through its latest Basel III-compliant Tier 2 bond issuance?
A) ₹5,000 crore
B) ₹10,000 crore
C) ₹7,500 crore
D) ₹25,000 crore
E) ₹6,000 crore
Answer: C) ₹7,500 crore

Event and Location:

• Event: SBI raised ₹7,500 crore via Basel III-compliant Tier 2 bonds
• Location: Mumbai, Maharashtra
• Date: October 17, 2025

Mandates and Objectives:

• Mandates: State Bank of India (SBI) completed its first Tier 2 bond issuance for FY26, raising ₹7,500 crore at a 6.93% coupon rate, with a 10-year tenor and a call option after 5 years and on each anniversary thereafter.
• Objectives: To strengthen SBI’s capital adequacy in line with Basel III norms and meet long-term funding needs through diversified institutional participation.

Important Terms Explained:

• Tier 2 Bonds (Basel III-compliant): Debt instruments used by banks to raise capital to comply with Basel III regulatory requirements. They are subordinated in nature, carry a fixed coupon, and help enhance Capital Adequacy Ratio (CAR).
• Call Option: A feature in bonds allowing the issuer (SBI) to redeem the bond before maturity, here exercisable after 5 years and on subsequent anniversaries.
• QIP (Qualified Institutional Placement): A capital-raising tool through which listed companies can issue equity shares, debentures, or other instruments to qualified institutional buyers (QIBs) without going through standard regulatory approvals.

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6. What was the net profit of Karur Vysya Bank in Q2 of FY26?
A) ₹574 crore
B) ₹603 crore
C) ₹620 crore
D) ₹540 crore
E) ₹490 crore
Answer: A) ₹574 crore

Event and Location:

• Event: Karur Vysya Bank reported Q2FY26 financial results
• Location: Chennai, Tamil Nadu
• Date: October 17, 2025

Mandates and Objectives:

• Mandates: Karur Vysya Bank (KVB) announced a 21% YoY increase in net profit at ₹574 crore for Q2FY26, with total business crossing ₹2 lakh crore, backed by strong growth in RAM (Retail, Agri, MSME) loans and improved asset quality.
• Objectives: To showcase the bank’s performance across key financial metrics for the quarter, improve stakeholder confidence, and reflect progress of strategic growth initiatives.

Important Terms Explained:

• RAM Loans (Retail, Agriculture, MSME): A segmental classification of loans targeting individuals, farmers, and small businesses. Growth in RAM loans indicates financial inclusion and retail credit expansion.
• Term Deposits: Fixed-term savings products offered by banks where money is deposited for a specified duration at a fixed interest rate. Term deposits grew 18% YoY for KVB.
• Gross NPA: The percentage of total loans that have turned non-performing. KVB reduced its Gross NPA to 0.76%, a strong indicator of improving asset quality.

Tabular Summary:

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Business and Economy – Daily Current Affairs October 17

7. What was the profit reported by Konkan Railway Corporation Limited (KRCL) for the financial year 2024–25?
A) ₹200 crore
B) ₹301.75 crore
C) ₹157.30 crore
D) ₹137.69 crore
E) ₹425.10 crore
Answer: D) ₹137.69 crore

Event and Location:

• Event: Konkan Railway reported FY 2024–25 profit and project updates
• Location: Navi Mumbai, Maharashtra
• Date: October 16, 2025

Mandates and Objectives:

• Mandates: Konkan Railway Corporation Limited (KRCL) announced a profit of ₹137.69 crore for 2024–25 and acquisition of new infrastructure projects worth ₹4,157 crore.
• Objectives: To showcase financial performance, secure new infrastructure works including electrification, and recognize internal achievements on its 35th Foundation Day.

Important Terms Explained:

• Konkan Railway Corporation Limited (KRCL): A public sector enterprise under the Ministry of Railways that operates and maintains the Konkan Railway line on India’s west coast, focusing on transport, construction, and electrification projects.
• Electrification Works: Infrastructure projects aimed at converting diesel-operated railway tracks to electric systems to enhance efficiency, reduce fuel costs, and lower carbon emissions.
• B. Rajaram Most Innovative and Efficient Financial Award: An internal recognition presented by KRCL to employees for excellence and innovation in project and financial management.

Tabular Summary:

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8. LIC recently increased its stake in Dr. Reddy’s Laboratories to what percentage?
A) 8.21%
B) 9.5%
C) 10.26%
D) 11.00%
E) 12.5%
Answer: C) 10.26%

Event and Location:

• Event: LIC increased its equity stake in Dr. Reddy’s Laboratories to over 10%
• Location: Hyderabad, Telangana
• Date: October 17, 2025

Mandates and Objectives:

• Mandates: Life Insurance Corporation of India (LIC) acquired 1,71,40,819 shares of Dr. Reddy’s Laboratories, raising its stake from 8.21% to 10.26% through market purchase.
• Objectives: To strengthen LIC’s portfolio in the Indian pharmaceutical sector and increase its institutional holding in high-performing companies for long-term returns.

Important Terms Explained:

• Life Insurance Corporation of India (LIC): India’s largest government-owned life insurance company and one of the country’s biggest institutional investors, actively managing equity stakes in various listed companies.
• Market Purchase: A method of acquiring shares by buying them directly from the open stock market rather than through private placement or preferential allotment.
• Dr. Reddy’s Laboratories: A leading Indian multinational pharmaceutical company known for producing generic medicines, biosimilars, and active pharmaceutical ingredients (APIs).

Tabular Summary:

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9. Which Indian company secured a $225.5 million hydrocarbon project from Kuwait Oil Company?
A) L&T
B) Megha Engineering
C) Reliance Infra
D) Tata Projects
E) GMR Infra
Answer: B) Megha Engineering

Event and Location:

• Event: Megha Engineering secured a $225.5 million hydrocarbon project in Kuwait
• Location: West Kuwait (Project site); Mumbai (Announcement)
• Date: October 17, 2025

Mandates and Objectives:

• Mandates: Megha Engineering and Infrastructures Ltd (MEIL) won a contract from Kuwait Oil Company (KOC) for a hydrocarbon project involving the design, construction, operation, and maintenance of a New Gas Sweetening and Sulphur Recovery Facility (NGSF) in West Kuwait.
• Objectives: To boost hydrocarbon processing infrastructure in Kuwait and enable environmentally safer recovery and processing of natural gas and sulphur resources.

Important Terms Explained:

• New Gas Sweetening and Sulphur Recovery Facility (NGSF): An industrial facility used in the oil and gas sector to remove hydrogen sulphide and other acidic gases from raw natural gas, improving its quality and reducing environmental hazards.
• Megha Engineering and Infrastructures Ltd (MEIL): A major Indian engineering and infrastructure company involved in large-scale international and domestic EPC (Engineering, Procurement, and Construction) projects.
• Kuwait Oil Company (KOC): A state-owned entity under Kuwait Petroleum Corporation, responsible for oil and gas exploration, drilling, and production within Kuwait.

Tabular Summary:

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10. Which Indian pharmaceutical company recently received a customised ₹5 postal stamp from India Post on its 90th anniversary?
A) Dr. Reddy’s
B) Sun Pharma
C) Cipla
D) Glenmark
E) GSK
Answer: C) Cipla

Event and Location:

• Event: India Post released a customised stamp to commemorate Cipla’s 90th anniversary
• Location: Navi Mumbai, Maharashtra
• Date: September 2025 (Announced on October 17, 2025)

Mandates and Objectives:

• Mandates: India Post, under the Department of Posts, released a customised ₹5 stamp featuring Dr Y.K. Hamied and Cipla’s modern Mumbai office to mark 90 years of Cipla, one of India’s iconic pharmaceutical companies.
• Objectives: To honour Cipla’s contributions to affordable healthcare and generics, celebrate its 90-year legacy, and recognize its global reach in respiratory, cardiac, oncology, and anti-infective drug markets.

Important Terms Explained:

• Customised Stamp: A postal stamp issued by India Post to commemorate individuals, companies, or events of national or cultural significance. These stamps are often symbolic of legacy, contribution, or milestones.
• Cipla: One of India’s oldest and most respected generic pharmaceutical companies, founded in 1935 by Dr. K.A. Hamied. Cipla has been a global leader in affordable drug production, especially for HIV, respiratory, and oncology segments.
• India Post / Department of Posts: The postal system under the Ministry of Communications, Government of India. It issues commemorative stamps and plays a role in honouring national icons and institutions.

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Defence – Daily Current Affairs October 17

11. What is the name of the Anti-Submarine Warfare Shallow Water Craft being launched by Cochin Shipyard for the Indian Navy?
A) INS Vibhuti
B) INS Kattabomman
C) INS Magdala
D) INS Vikram
E) INS Shivaji
Answer: C) INS Magdala

Event and Location:

• Event: Cochin Shipyard to launch three advanced vessels including INS Magdala
• Location: Kochi, Kerala
• Date: October 17, 2025 (launch on October 18, 2025)

Mandates and Objectives:

• Mandates: Cochin Shipyard Limited (CSL) will launch three vessels — an Anti-Submarine Warfare (ASW) Shallow Water Craft, a hybrid electric methanol-ready Commissioning Service Operation Vessel (CSOV), and a trailer suction hopper dredger.
• Objectives: To enhance India’s maritime capabilities through indigenous vessel manufacturing, support green shipping with hybrid technologies, and boost coastal operations and dredging capacity.

Important Terms Explained:

• Anti-Submarine Warfare (ASW) Shallow Water Craft: Specialized naval vessels designed for detecting and neutralizing submarines in shallow waters, equipped with torpedoes, rockets, and sonar systems. INS Magdala is part of this series.
• Commissioning Service Operation Vessel (CSOV): A type of ship used for offshore wind farm and marine commissioning services, here notable for being hybrid electric and methanol fuel-ready, promoting green shipping.
• Trailer Suction Hopper Dredger: A marine vessel used for dredging operations, particularly for maintaining port depth and reclaiming land, by sucking sediments from the seabed and storing them in onboard hoppers.

Tabular Summary:

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International Affairs – Daily Current Affairs October 17

12. Which South American trade bloc is involved in India’s preferential trade agreement, now set to be expanded with Brazil’s support?
A) SAFTA
B) ASEAN
C) EU
D) MERCOSUR
E) OPEC
Answer: D) MERCOSUR

Event and Location:

• Event: India and Brazil agreed to expand the India–MERCOSUR preferential trade agreement
• Location: New Delhi, India
• Date: October 16, 2025

Mandates and Objectives:

• Mandates: India and Brazil held bilateral discussions during the India–Brazil Business Dialogue, where they agreed to expand the scope of the India–MERCOSUR preferential trade agreement.
• Objectives: To enhance trade volume, deepen economic ties, and diversify goods and services traded between India and the MERCOSUR bloc nations.

Important Terms Explained:

• MERCOSUR (Southern Common Market): A South American trade bloc that includes Brazil, Argentina, Uruguay, and Paraguay. It aims to promote free trade and the fluid movement of goods, people, and currency.
• Preferential Trade Agreement (PTA): An agreement that reduces tariffs on specific goods traded between signatory countries, enabling increased market access without full free trade.
• India–MERCOSUR PTA: A trade agreement signed in 2004 between India and MERCOSUR to promote trade by offering tariff concessions on select products. The expansion aims to broaden its product and service coverage.

Tabular Summary:

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Schemes – Daily Current Affairs October 17

13. What was the special theme of the Ministry of Mines’ Special Campaign 5.0 launched in October 2025?
A) Green Mining Awareness
B) Digital Record Archiving
C) Swachhta hi Sewa
D) E-Waste Collection Drive
E) Circular Economy for Minerals
Answer: D) E-Waste Collection Drive

Event and Location:

• Event: Ministry of Mines achieved key milestones under Special Campaign 5.0
• Location: Pan-India (Coordinated from Ministry of Mines, Delhi)
• Date: October 17, 2025

Mandates and Objectives:

• Mandates: Under Special Campaign 5.0 launched on October 2, 2025, the Ministry of Mines undertook an E-Waste Collection Drive, conducted 290 cleanliness campaigns, freed 13,283 sft. of office space, and collected 702.55 kg of e-waste across 58 locations nationwide.
• Objectives: To promote sustainability, responsible e-waste disposal, record management, creative recycling, and community engagement in alignment with Swachh Bharat and circular economy goals.

Important Terms Explained:

• Special Campaign 5.0: A government-wide initiative aimed at promoting cleanliness, e-governance, efficient resource use, and public engagement, with a special focus for each ministry—in this case, E-Waste Collection for the Ministry of Mines.
• E-Waste Collection Drive: A thematic campaign to collect and responsibly recycle obsolete electronic equipment and raise awareness on safe e-waste disposal practices.
• JNARDDC (Jawaharlal Nehru Aluminium Research Development and Design Centre): A research body under the Ministry of Mines coordinating the e-waste recycling drive across India.

Tabular Summary:

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14. What is the theme of the Emerging Science, Technology & Innovation Conclave (ESTIC-2025)?
A) Aatmanirbhar Science and Technology
B) Tech India 2047
C) Viksit Bharat 2047 – Pioneering Sustainable Innovation
D) Make in India: Semiconductor First
E) Digital Defence for New India
Answer: C) Viksit Bharat 2047 – Pioneering Sustainable Innovation

Event and Location:

• Event: DRDO organised a Curtain Raiser for ESTIC-2025
• Location: DRDL, Hyderabad (Defence Research and Development Laboratory)
• Date: October 17, 2025

Mandates and Objectives:

• Mandates: The Defence Research and Development Organisation (DRDO) conducted a Curtain Raiser event for the Emerging Science, Technology & Innovation Conclave (ESTIC-2025), showcasing India’s advances and goals in semiconductor research and manufacturing.
• Objectives: To highlight India’s progress in indigenous semiconductor development, promote strategic themes like electronics manufacturing, and prepare stakeholders for the upcoming national conclave focused on sustainable innovation and technological empowerment.

Important Terms Explained:

• ESTIC-2025 (Emerging Science, Technology & Innovation Conclave): A premier multi-ministerial national science event to be held from 3–5 November 2025 in New Delhi, aimed at showcasing India’s innovation roadmap towards Viksit Bharat 2047.
• India Semiconductor Mission (ISM): Launched in 2021, ISM is a government initiative under MeitY to build a robust semiconductor and display manufacturing ecosystem in India.
• Silicon Carbide (SiC) Wafers & GaN HEMTs: Advanced semiconductor technologies developed indigenously by DRDO; SiC wafers are crucial for high-voltage electronics, and GaN HEMTs are used in high-frequency, high-power devices like radars and satellite communication.

Tabular Summary:

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National Affairs – Daily Current Affairs October 17

15. What is the total length of the Bengaluru Business Corridor (BBC) approved by the Karnataka Cabinet?
A) 150 km
B) 117 km
C) 98 km
D) 130 km
E) 105 km
Answer: B) 117 km

Event and Location:

• Event: Karnataka Cabinet approved the Bengaluru Business Corridor project
• Location: Bengaluru, Karnataka
• Date: October 17, 2025

Mandates and Objectives:

• Mandates: The Karnataka Cabinet approved the development of a 117-km tolled Bengaluru Business Corridor (BBC), previously known as the Peripheral Ring Road, to connect Electronic City with Tumakuru Road and Mysuru Road.
• Objectives: To reduce Bengaluru’s traffic congestion, enable better connectivity between major roads, and facilitate economic development through improved infrastructure.

Important Terms Explained:

• Bengaluru Business Corridor (BBC): A 117-kilometre tolled road project approved by the Karnataka Cabinet aimed at connecting key business zones and improving traffic mobility in Bengaluru. It was previously known as the Peripheral Ring Road (PRR).
• Bengaluru Development Authority (BDA): The statutory planning authority responsible for urban development in Bengaluru, tasked with executing the BBC project.
• HUDCO (Housing and Urban Development Corporation Ltd): A government-owned company providing finance for housing and urban infrastructure projects. HUDCO will fund the BBC initiative.

Tabular Summary:

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16. Which institution hosted the World Geriatric Day celebrations on October 17, 2025?
A) AIIMS New Delhi
B) Saveetha Medical College
C) JIPMER Puducherry
D) Christian Medical College
E) Madras Medical College
Answer: B) Saveetha Medical College

Event and Location:

• Event: World Geriatric Day celebrated at Saveetha Medical College
• Location: Chennai, Tamil Nadu
• Date: October 17, 2025

Mandates and Objectives:

• Mandates: Saveetha Medical College and Hospital celebrated World Geriatric Day by inaugurating an outpatient department (OPD) for the elderly and releasing a health-related book for seniors.
• Objectives: To improve elderly care services, promote awareness about geriatric health, and provide specialized dental and medical guidance for aging populations.

Important Terms Explained:

• World Geriatric Day: Observed annually on October 1 (celebrated on varying days at institutions), this day raises awareness about health care and well-being of the elderly population worldwide.
• Geriatric OPD (Outpatient Department): A dedicated medical service unit focusing on diagnosis, treatment, and prevention of diseases in the elderly.
• SIMATS (Saveetha Institute of Medical and Technical Sciences): A private deemed university in Chennai offering medical, dental, and technical education, known for healthcare innovation.

Tabular Summary:

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17. Which institution hosted the Niemann-Pick Awareness Day to raise awareness on rare genetic disorders in October 2025?
A) NIMHANS Bengaluru
B) PGIMER Chandigarh
C) AIIMS Delhi
D) Tata Memorial Hospital
E) ICMR New Delhi
Answer: C) AIIMS Delhi

Event and Location:

• Event: Niemann-Pick Awareness Day hosted to discuss rare genetic disorders
• Location: New Delhi, India
• Date: October 17, 2025

Mandates and Objectives:

• Mandates: AIIMS Delhi, in collaboration with NiemannPick India Charitable Trust (NPICT), organized a national symposium to observe Niemann-Pick Awareness Day, focusing on Acid Sphingomyelinase Deficiency (ASMD) and Niemann-Pick Type C (NPC) disorders.
• Objectives: To raise awareness about life-threatening genetic diseases, promote early diagnosis, strengthen caregiver and patient support, and advocate for equal access to life-saving therapies.

Important Terms Explained:

• Niemann-Pick Disease (ASMD and NPC): A group of rare inherited lysosomal storage disorders that affect lipid metabolism, leading to accumulation of harmful substances in organs. ASMD (previously known as Type A and B) and NPC are severe forms with life-threatening complications.
• NiemannPick India Charitable Trust (NPICT): A non-profit organization working for awareness, research, and patient support related to Niemann-Pick diseases in India.
• AIIMS (All India Institute of Medical Sciences): A premier public medical institute and hospital in India under the Ministry of Health and Family Welfare, involved in high-level research, treatment, and policy advocacy.

Tabular Summary:

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18. Which institute has signed an MoU with BEL to offer customised Professional Post Graduate Diploma programmes?
A) IIM Ahmedabad
B) IIM Bangalore
C) IIM Kozhikode
D) IIM Indore
E) IIM Lucknow
Answer: C) IIM Kozhikode

Event and Location:

• Event: IIM Kozhikode and BEL signed MoU for executive leadership development
• Location: Kochi, Kerala
• Date: October 17, 2025

Mandates and Objectives:

• Mandates: IIM Kozhikode and Bharat Electronics Ltd (BEL) signed an MoU to launch a series of customised Professional Post Graduate Diploma (PPGD) programmes for BEL executives.
• Objectives: To build a future-ready leadership pipeline, strengthen management capabilities, and enhance strategic and domain-specific skills in alignment with BEL’s evolving business and defence environment.

Important Terms Explained:

• Professional Post Graduate Diploma (PPGD): A tailor-made academic programme curated by premier institutes like IIMs to offer mid-career professionals advanced training in areas such as marketing, supply chain, and general management.
• Bharat Electronics Ltd (BEL): A Navratna Public Sector Undertaking under the Ministry of Defence, Government of India, engaged in the design and manufacture of advanced electronic products for defence and other sectors.
• IIM Kozhikode: One of India’s top management institutes, offering executive education and academic research, known for its leadership development initiatives and corporate partnerships.

Tabular Summary:

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19. What is the central theme of the “आपकी पूँजी, आपका अधिकार” campaign launched by the Ministry of Finance?
A) Digital India Financial Drive
B) Financial Audit for All
C) Reclaim Your Financial Rights
D) Boosting Online Banking
E) Unclaimed Wealth Identification Scheme
Answer: C) Reclaim Your Financial Rights

Event and Location:

• Event: Phase I of Nationwide Awareness Campaign “आपकी पूँजी, आपका अधिकार” conducted
• Location: 25 districts across 13 States and Union Territories
• Date: October 15–17, 2025

Mandates and Objectives:

• Mandates: Department of Financial Services (DFS) under the Ministry of Finance coordinated Phase I of the three-month awareness campaign titled “आपकी पूँजी, आपका अधिकार” to help citizens trace and claim unclaimed financial assets such as deposits, insurance dues, dividends, shares, mutual funds, and pension balances.
• Objectives: To promote public awareness, improve accessibility, and ensure action in claiming unclaimed financial assets, strengthening citizens’ links with the formal financial system and enabling ease of living.

Important Terms Explained:

• Unclaimed Financial Assets: These include dormant bank deposits, unclaimed insurance payouts, dividends, mutual fund balances, pension dues, and shares that remain unretrieved due to incomplete documentation, inactive accounts, or beneficiary unawareness.
• DFS (Department of Financial Services): A department under the Ministry of Finance, Government of India, responsible for policy formulation in the banking, insurance, and pension sectors.
• SLBCs & SLICs: State-Level Bankers’ Committees and State-Level Insurance Committees are platforms for coordination between banks/insurers and government agencies to facilitate implementation of financial inclusion and awareness programmes at the state level.

Tabular Summary:

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20. What was the theme of World Food Day 2025 as celebrated in India?
A) Leave No One Hungry
B) Smart Agriculture, Secure Tomorrow
C) Hand in Hand for Better Food and a Better Future
D) Grow More, Feed More
E) Nutrition for All, Always
Answer: C) Hand in Hand for Better Food and a Better Future

Event and Location:

• Event: 80 years of FAO–India partnership celebrated on World Food Day 2025
• Location: New Delhi, India
• Date: October 16, 2025 (Announced on October 17, 2025)

Mandates and Objectives:

• Mandates: The Ministry of Agriculture & Farmers Welfare, in collaboration with the Food and Agriculture Organization (FAO), celebrated World Food Day 2025, marking 80 years of partnership between FAO and India.
• Objectives: To commemorate India’s journey from food deficiency to food self-sufficiency, promote nutrition-sensitive agriculture, and reaffirm commitment to sustainable farming, climate adaptation, and global food security through international cooperation.

Important Terms Explained:

• FAO (Food and Agriculture Organization): A UN specialized agency founded in 1945 focused on defeating hunger, improving nutrition, and promoting sustainable agriculture. India is a founding member.
• World Food Day: Celebrated every year on October 16, it marks the founding of FAO. The 2025 theme is “Hand in Hand for Better Food and a Better Future.”
• AgriStack: A digital infrastructure initiative by India to integrate agricultural data, services, and real-time farmer support via technology, ensuring precision agriculture and improved policy delivery.
• Minimum Support Price (MSP): A government-fixed price at which it procures crops from farmers, ensuring income security and food affordability.

Tabular Summary:

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Over All Review

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