Daily Current Affairs Quiz 21 May 2025
1. Who became the first Kannada writer to win the International Booker Prize in 2025?
A. Geetanjali Shree
B. Banu Mushtaq
C. Perumal Murugan
D. U. R. Ananthamurthy
2. What is the title of the short story collection by Banu Mushtaq that won the International Booker Prize?
A. Tomb of Sand
B. Pyre
C. Heart Lamp
D. Fireflies
3. IREDA was ranked among the top 4 CPSEs by DPE for FY 2023–24. What sector does IREDA belong to?
A. Oil and Gas
B. Banking
C. Renewable Energy
D. Telecommunications
4. What is the rating received by IREDA from the Department of Public Enterprises?
A. Very Good
B. Excellent
C. Outstanding
D. Satisfactory
5. Why was the license of HCBL Co-operative Bank cancelled by RBI in May 2025?
A. Cyber security issues
B. Low customer base
C. Non-compliance with regulations and poor financial health
D. Merger with another bank
6. How much deposit insurance is guaranteed to depositors of HCBL Co-operative Bank?
A. ₹1 lakh
B. ₹3 lakh
C. ₹5 lakh
D. ₹10 lakh
7. Why did IRDAI impose a ₹1 crore fine on Acko General Insurance in 2025?
A. Fraudulent claims
B. Fake policies
C. Violations related to outsourcing and commissions
D. Lack of solvency margin
8. What is the name of the Gen Z storefront launched by Amazon Fashion?
A. Next Gen Store
B. FlipFit
C. SERVE
D. GenVibe
9. What is the projected investment by India in its own oil tanker fleet by 2040?
A. $5 billion
B. ₹1 lakh crore
C. ₹850 billion
D. ₹100 billion
10. Which initiative allows pensioners to track their pension sanctions and payments digitally?
A. UMANG
B. CPENGRAMS
C. Jeevan Pramaan
D. Bhavishya
11. What is the purpose of the Financial Fraud Risk Indicator (FRI) launched by DoT?
A. To monitor telecom companies’ performance
B. To categorize mobile numbers based on fraud risk
C. To rate telecom services
D. To track call drops
12. In which country was the BRICS Energy Ministers’ Meeting held in May 2025?
A. India
B. South Africa
C. Brazil
D. Russia
Daily Current Affairs Quiz 21 May 2025
Answers and Explanations
1. B. Banu Mushtaq
→ She won the International Booker Prize for Heart Lamp, the first Kannada-language book to do so.
2. C. Heart Lamp
→ A collection of 12 stories by Banu Mushtaq, translated into English by Deepa Bhasthi.
3. C. Renewable Energy
→ IREDA operates under the Ministry of New and Renewable Energy.
4. B. Excellent
→ IREDA got the MoU ‘Excellent’ rating from DPE for the 4th consecutive year.
5. C. Non-compliance with regulations and poor financial health
→ RBI cancelled HCBL’s license due to insufficient capital and earnings.
6. C. ₹5 lakh
→ As per DICGC rules, depositors are insured up to ₹5 lakh.
7. C. Violations related to outsourcing and commissions
→ Acko was fined for regulatory violations in its arrangements with Ola Financial Services.
8. C. SERVE
→ Amazon Fashion rebranded its Gen Z-focused platform as SERVE.
9. C. ₹850 billion
→ India will invest ₹850 billion (~$10 billion) to build a domestic oil tanker fleet.
10. D. Bhavishya
→ A portal enabling pensioners to track their pension processes and receive timely PPOs.
11. B. To categorize mobile numbers based on fraud risk
→ FRI helps financial institutions identify risky mobile numbers for fraud prevention.
12. C. Brazil
→ The 2025 BRICS Energy Ministers’ Meeting was held in Brasília, Brazil.
