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Last update: 23/05/2025

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Current Affairs: May 23, 2025

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1. Getepay, a digital payment platform, secured final authorisation from the RBI to operate as a Payment Aggregator online. Which areas does Getepay aim to empower through its services?
Tier 2, Tier 3, and rural areas Government agencies and public sector units Tier 1 and metro areas Large corporations and multinational companies
2. India Post Payments Bank (IPPB) partnered with Aditya Birla Capital Limited (ABCL). What is the main purpose of this strategic partnership?
To develop new digital payment technologies for international markets To provide banking services exclusively to urban populations To offer only investment products to high-net-worth individuals To broaden the reach and accessibility of loan products across Bharat (rural and semi-urban India)
3. What is the primary focus of EnKash's newly launched payment gateway?
Developing AI-powered financial advisory services for individual investors. Providing corporate credit cards and expense management for large enterprises. Bridging the gap in digital payment solutions for underserved merchant segments. Focusing solely on international remittances and foreign exchange services.
4. According to Fitch Ratings' May 2025 Update, how was India's potential GDP growth rate revised?
From 6.4% to 6.2% From 4.3% to 4.6% From 6.2% to 6.4% From 6.0% to 6.5%
5. What is the "Golden Dome" Missile Defence System, unveiled by President Donald Trump?
A new economic policy to boost international trade. Designed to protect the US from ground invasions and naval threats. A missile defense system inspired by Israel's Iron Dome, designed to protect the US from aerial threats including hypersonic weapons. A humanitarian aid program for developing countries.
6. What is Google "Beam", unveiled at Google I/O 2025?
A new search engine algorithm. A wearable device for virtual reality gaming. A next-generation 3D video communication platform. An AI assistant for managing daily tasks.
7. What were the primary focus areas of the 24th Indian Ocean Rim Association (IORA) Council of Ministers (COM) Meeting?
To strengthen regional cooperation, peace, security, and sustainable development in the Indian Ocean region. To promote cultural exchange programs with European countries. To establish new military alliances in the Pacific Ocean. To discuss trade agreements with South American nations.
8. What are the key objectives of the Special Apprenticeship Scheme launched for Northeast Youth?
To offer direct employment in government sectors. To support youth from the Northeast region and enhance female participation in the apprenticeship ecosystem. To establish new manufacturing industries in the Northeast. To provide financial assistance for higher education in urban areas.
9. AVPL International recently received DGCA authorization for what specific activity?
To promote agricultural practices through drone technology. To conduct drone pilot training in the Medium-Class Rotorcraft category (25 kg to 150 kg). To establish drone manufacturing units across India. To conduct research and development for new drone models.
10. What kind of vessel is the INSV Kaundinya, recently inducted by the Indian Navy?
A modern submarine equipped with advanced stealth technology. A new type of combat vessel for deep-sea operations. A traditionally built ancient stitched ship based on a 5th-century CE vessel from Ajanta Cave paintings. A high-speed patrol boat for coastal surveillance.