Q.1) Where was the 22nd ASEAN–India Summit held?
[a] New Delhi
[b] Kuala Lumpur
[c] Jakarta
[d] Manila
View Answer
Answer: [b] Kuala Lumpur
Explanation:
Prime Minister of India virtually addressed the 22nd ASEAN–India Summit 2025, held in Kuala Lumpur, Malaysia, reaffirming India’s steadfast commitment to deepening cooperation with ASEAN nations. The Prime Minister emphasized enhancing collaboration in maritime security, digital inclusion, and resilient supply chains, underscoring their critical importance for regional stability and economic integration. During the summit, he announced that 2026 will be celebrated as the “ASEAN–India Year of Maritime Cooperation”, reflecting India’s focus on the Indo-Pacific region under the Act East Policy. The summit also strengthened the ASEAN–India Comprehensive Strategic Partnership, reinforcing mutual goals in connectivity, trade, and sustainable development for a free, open, and inclusive Indo-Pacific.
Q.2) Which start-up is developing the world’s first 3D wind data satellite network?
[a] SpaceX
[b] Blue Origin
[c] Stellerus Technology
[d] OneWeb
View Answer
Answer: [c] Stellerus Technology
Explanation:
A start-up from the Hong Kong University of Science and Technology (HKUST), Stellerus Technology, is preparing to deploy the world’s first satellite constellation designed to generate three-dimensional (3D) global wind data. The initiative, named the “Feilian Constellation”- after the ancient Chinese wind-god Feilian– represents a major leap in atmospheric science and meteorology. This constellation will provide real-time global wind measurements, including speed, direction, and vertical movement, with high precision and spatial resolution. By offering detailed 3D wind mapping, the system aims to enhance weather forecasting accuracy, improve climate modeling, and support disaster preparedness and aviation safety. This marks a pioneering advancement in space-based Earth observation, addressing a long-standing gap in meteorological monitoring capabilities.
Q.3) Which country launched the world’s first fully yen-pegged stablecoin?
[a] China
[b] Japan
[c] South Korea
[d] Singapore
View Answer
Answer: [b] Japan
Explanation:
Japan has launched the world’s first fully yen-pegged stablecoin, marking a major milestone in digital finance. The stablecoin, called JPYC, has been issued by Japanese startup JPYC Inc., and is fully convertible to the yen, backed by domestic savings and Japanese Government Bonds (JGBs). This innovation signifies a cautious yet strategic entry of Japan into blockchain-based digital currency systems. Stablecoins, like JPYC, are digital versions of traditional fiat currencies, built using blockchain technology similar to that of cryptocurrencies such as Bitcoin. However, unlike volatile crypto assets, stablecoins are designed to retain a stable value by being pegged to assets like government bonds or national currencies. The introduction of JPYC aims to modernize Japan’s payment ecosystem, facilitate secure digital transactions, and potentially pave the way for a future central bank digital currency (CBDC) framework.
Q.4) FIFA recently launched the “ASEAN Cup” in collaboration with which regional organization?
[a] SAARC
[b] European Union
[c] ASEAN
[d] APEC
View Answer
Answer: [c] ASEAN
Explanation:
At the 47th ASEAN Summit held in Kuala Lumpur, Malaysia, FIFA and ASEAN (Association of Southeast Asian Nations) signed a renewed Memorandum of Understanding (MoU) aimed at strengthening cooperation in football development across the Southeast Asian region. Following this, FIFA officially launched the “FIFA–ASEAN Cup”, a new regional tournament designed to unite all FIFA Member Associations from Southeast Asia under one competitive platform. The FIFA–ASEAN Cup will follow a format similar to the successful FIFA Arab Cup, providing a structured competition to enhance the visibility and quality of football in ASEAN countries. This initiative is expected to boost regional talent, promote cultural unity through sports, and deepen FIFA’s engagement with Asia’s rapidly growing football market.
Q.5) Which Indian bank recently became a Special Category Client (SCC) of the India International Bullion Exchange (IIBX)?
[a] HDFC Bank
[b] State Bank of India
[c] Bank of Baroda
[d] Punjab National Bank
View Answer
Answer: [b] State Bank of India (SBI)
Explanation:
State Bank of India (SBI) has become a Special Category Client (SCC) of the India International Bullion Exchange (IIBX) and executed its first-ever gold transaction on the platform, marking a major milestone in India’s bullion market. This move signifies a transformative shift toward greater efficiency, transparency, and accessibility in the gold trading ecosystem, especially benefiting MSME jewellers. Located at GIFT City, Gujarat, the IIBX is India’s first international bullion exchange, aimed at formalizing and modernizing the bullion trade. SBI’s participation as an SCC reflects the bank’s commitment to supporting a structured and technology-driven bullion market aligned with global best practices. This step will enhance liquidity, streamline imports, and strengthen India’s position as a key player in the international gold trade.
Q.6) Which organization recently released twin reports on India’s services sector under the Services Thematic Series?
[a] Ministry of Commerce and Industry
[b] NITI Aayog
[c] Reserve Bank of India
[d] Ministry of Finance
View Answer
Answer: [b] NITI Aayog
Explanation:
NITI Aayog released two inaugural reports under its new initiative titled the “Services Thematic Series”, marking the first comprehensive government assessment of India’s services sector from a macro and state-level perspective. These twin reports go beyond aggregate national data to present disaggregated analyses of output and employment across different segments and states, offering a more nuanced understanding of India’s service economy. The services sector, which contributes over 50% to India’s GDP, is a key driver of growth and job creation. Through this series, NITI Aayog aims to provide data-driven insights to help policymakers, industry stakeholders, and researchers understand emerging trends, regional strengths, and employment dynamics. The reports represent a step toward building a more detailed, evidence-based framework for enhancing competitiveness and inclusivity of India’s rapidly evolving services sector.
Q.7) Which organization collaborated with the Indian Rice Exporters’ Federation (IREF) to organize the Bharat International Rice Conference 2025?
[a] NITI Aayog
[b] Food Corporation of India (FCI)
[c] Agricultural and Processed Food Products Export Development Authority (APEDA)
[d] Indian Council of Agricultural Research (ICAR)
View Answer
Answer: [c] Agricultural and Processed Food Products Export Development Authority (APEDA)
Explanation:
Bharat International Rice Conference 2025 (BIRC 2025) was successfully organized at Bharat Mandapam, Pragati Maidan, New Delhi, serving as a major global platform to promote India’s rice trade and discuss sustainable agricultural practices. The event was jointly organized by the Indian Rice Exporters’ Federation (IREF) and the Agricultural and Processed Food Products Export Development Authority (APEDA), which operates under the Ministry of Commerce and Industry, Government of India. The conference brought together stakeholders from across the rice value chain exporters, producers, policymakers, and researchers to deliberate on strategies for expanding India’s share in global rice exports, ensuring food security, and promoting environmentally responsible cultivation methods. India, being the world’s largest rice exporter, uses such platforms to strengthen trade partnerships and explore innovative ways to sustain its leadership in the international rice market. The event reinforced India’s commitment to enhancing agri-export competitiveness and supporting the vision of “Viksit Bharat 2047” through agricultural excellence.
Q.8) Which ministry launched Model Youth Gram Sabha (MYGS) initiative in collaboration with the Ministries of Education and Tribal Affairs?
[a] Ministry of Youth Affairs and Sports
[b] Ministry of Rural Development
[c] Ministry of Panchayati Raj
[d] Ministry of Social Justice and Empowerment
View Answer
Answer: [c] Ministry of Panchayati Raj
Explanation:
Union Ministry of Panchayati Raj, in collaboration with the Ministry of Education (Department of School Education & Literacy) and the Ministry of Tribal Affairs, launched the Model Youth Gram Sabha (MYGS) initiative in New Delhi. The initiative aims to empower youth participation in grassroots democracy, encouraging them to actively engage in village-level governance and decision-making processes. During the launch event, the government also unveiled a Training Module on Model Youth Gram Sabha and an MYGS Portal, both designed to facilitate awareness, training, and participation among students and young citizens. This initiative represents a major step towards institutionalizing civic engagement, promoting democratic values at the village level, and strengthening Panchayati Raj institutions through youth-led governance models.
Q.9) Which organization has partnered with Razorpay Curlec to enable UPI transactions in Malaysia?
[a] Reserve Bank of India (RBI)
[b] National Payments Corporation of India (NPCI)
[c] NPCI International Payments Limited (NIPL)
[d] Bharat Bill Payment System (BBPS)
View Answer
Answer: [c] NPCI International Payments Limited (NIPL)
Explanation:
NPCI International Payments Limited (NIPL), the global arm of the National Payments Corporation of India (NPCI), has expanded the reach of Unified Payments Interface (UPI) by enabling its use in Malaysia. This has been made possible through a partnership with Razorpay Curlec, a leading Malaysian fintech firm. The collaboration was officially formalized during the Global Fintech Fest (GFF) 2025, marking a significant milestone in India’s digital payment diplomacy. This move allows Indian travelers and businesses in Malaysia to make seamless real-time payments through UPI, boosting convenience, tourism, and cross-border trade. The initiative reinforces UPI’s growing global footprint, following its earlier international expansions to countries like Singapore, UAE, and Sri Lanka further strengthening India’s position as a leader in digital payment innovation.