Current Affairs 3rd October 2025 : Daily GK Update in English
1. Which Indian business magnate reclaimed the title of India's richest person according to the M3M Hurun India Rich List 2025, with a net worth of Rs 9.55 lakh crore?
a) Gautam Adani
b) Mukesh Ambani
c) Shiv Nadar
d) Cyrus Poonawalla
Answer: B
Explanation: Mukesh Ambani topped the list, surpassing Gautam Adani, with Mumbai hosting 451 billionaires among the 1,687 featured individuals.
2. What is the revised GDP growth forecast for FY 2025-26 announced by the RBI in its Monetary Policy Report following the 57th MPC meeting?
a) 6.5%
b) 6.8%
c) 7.0%
d) 7.2%
Answer: B
Explanation: The RBI revised the forecast upward from 6.5% to 6.8%, while maintaining the repo rate at 5.50% with a neutral stance.
3. How many new Kendriya Vidyalayas were approved by the Cabinet Committee on Economic Affairs, with a total outlay of ₹5,862.55 crore over 9 years?
a) 45
b) 57
c) 62
d) 70
Answer: B
Explanation: The approval for 57 new KVs will benefit 86,640 students, create 4,617 jobs, and include Balvatikas in line with NEP 2020.
4. Which country became the 181st member of the International Atomic Energy Agency (IAEa) during its 69th General Conference in Vienna?
a) Nepal
b) Maldives
c) Bhutan
d) Sri Lanka
Answer: B
Explanation: Maldives joined on September 15, 2025, emphasizing nuclear peace and non-proliferation.
5. What is the name of the scheme launched by SIDBI to transform MSME clusters through industry associations?
a) MSME Utsav
b) Development of Industry Associations (DIa)
c) Atmanirbhar MSME
d) Cluster Connect
Answer: B
Explanation: The DIA scheme was launched at a conclave in New Delhi, including a new digital industry portal for MSME empowerment.
6. By when will direct flights between selected cities in India and China resume, following discussions after the Modi-Xi meeting?
a) October 15, 2025
b) October 26, 2025
c) November 1, 2025
d) December 1, 2025
Answer: B
Explanation: Services will restart after a five-year gap, with IndiGo and China Eastern operating routes like daily Kolkata-Guangzhou flights.
7. What is the maximum penalty for money-based online gaming under the draft Promotion and Regulation of Online Gaming (PROG) Rules, 2025?
a) ₹50 lakh fine
b) Up to 3 years imprisonment and ₹1 crore fine
c) 2 years imprisonment
d) ₹10 lakh fine
Answer: B
Explanation: The rules distinguish skill-based from money-based games, proposing an Online Gaming Authority of India for oversight; public feedback is due by October 31.
8. Which UN treaty on biodiversity in areas beyond national jurisdiction is set to enter into force in January 2026 after receiving 60 ratifications?
a) Paris Agreement
b) High Seas Biodiversity Treaty
c) Kyoto Protocol
d) Montreal Protocol
Answer: B
Explanation: The treaty covers two-thirds of the world's oceans, with recent ratifications from Morocco and Sierra Leone.
9. What is the total investment commitment attracted by the Electronics Component Manufacturing Scheme (ECMS) launched in April 2025?
a) ₹59,350 crore
b) ₹1.15 lakh crore
c) ₹2.5 lakh crore
d) ₹80,000 crore
Answer: B
Explanation: This exceeds the target nearly twofold, with 249 applications projecting ₹10.3 lakh crore in production value and 141,000 jobs.
10. Which bank received a Rs 31.8 lakh penalty from the RBI for non-compliance with Priority Sector Lending norms?
a) State Bank of India
b) Indian Overseas Bank
c) HDFC Bank
d) Punjab National Bank
Answer: B
Explanation: The penalty was based on a 2024 inspection, highlighting regulatory enforcement in banking.
11. What is the outlay for the 6-year Mission for Aatmanirbharta in Pulses approved by the Union Cabinet?
a) ₹5,000 crore
b) ₹11,440 crore
c) ₹15,000 crore
d) ₹8,500 crore
Answer: B
Explanation: The programme (2025-26 to 2030-31) aims to achieve self-sufficiency in pulses and reduce import dependency.
12. How many MoUs worth over Rs 66,000 crore were signed in Bhavnagar, Gujarat, to boost maritime shipbuilding?
a) 15
b) 27
c) 35
d) 40
Answer: B
Explanation: Key projects include a Rs 21,500 crore port in Odisha and a Rs 266 crore lighthouse museum.
13. Which drug, recently in the news, is used to treat Alzheimer's Disease?
a) Remdesivir
b) Lecanemab
c) Ozempic
d) Paxlovid
Answer: B
Explanation: Lecanemab targets amyloid plaques in the brain, marking a breakthrough in Alzheimer's treatment.
14. What percentage increase in Dearness Allowance (Da) was approved by the Union Cabinet, effective July 1, 2025?
a) 2%
b) 3%
c) 4%
d) 5%
Answer: B
Explanation: The hike benefits 49.19 lakh employees and 68.72 lakh pensioners, with an annual impact of ₹10,083.96 crore.
15. In which location did a crowd crush incident occur in 2025, resulting in multiple casualties?
a) Mumbai
b) Karur
c) Delhi
d) Kolkata
Answer: B
Explanation: The 2025 Karur crowd crush highlighted safety concerns during public gatherings in Tamil Nadu.
16. Which platform was launched by SEBI to help investors trace inactive mutual fund folios?
a) Investor Trace
b) MITRA
c) Folio Finder
d) MF Locator
Answer: B
Explanation: Managed by CAMS and KFin Technologies, it addresses unclaimed investments in mutual funds.
17. What is the cost of the contract signed by the Indian Navy with EyeROV for advanced underwater drones?
a) Rs 20 crore
b) Rs 47 crore
c) Rs 75 crore
d) Rs 100 crore
Answer: B
Explanation: The deal for EyeROV Trout drones supports surveillance and aligns with Atmanirbhar Bharat.
18. Which Russian oil tanker was seized by France off the Atlantic coast, en route to India?
a) Volga
b) Boracay (alias Pushpa)
c) Siberia
d) Neva
Answer: B
Explanation: The seizure targets Russia's shadow fleet evading sanctions, financing 30-40% of its Ukraine war efforts.
19. How many locomotives will be equipped with the KAVACH Automatic Train Protection system in Phase I by Central Railway?
a) 500
b) 730
c) 900
d) 1,000
Answer: B
Explanation: Trials covered 4,000 km across five divisions, enhancing rail safety.
20. What is the revised deadline for the rollout of retail algo trading by SEBI?
a) January 1, 2026
b) April 1, 2026
c) July 1, 2026
d) October 1, 2026
Answer: B
Explanation: The extension allows more preparation time for market participants.
21. Which summit was inaugurated by Union Health Minister J.P. Nadda, focusing on food-health links with participation from 59 countries?
a) Global Nutrition Summit
b) Global Food Regulators Summit 2025
c) World Health Assembly
d) Food Safety Forum
Answer: B
Explanation: Held at Bharat Mandapam, it launched the 'Eat Right Thali' book.
22. What is the annual fiscal impact of the RBI's scheme for settling inoperative accounts and unclaimed deposits, effective October 1, 2025?
a) Rs 50,000 crore
b) Over Rs 67,000 crore
c) Rs 80,000 crore
d) Rs 1 lakh crore
Answer: B
Explanation: The scheme runs until September 30, 2026, targeting unclaimed funds as of June 2025.
23. In which month is Russian President Vladimir Putin's visit to India scheduled, his first since the Ukraine invasion?
a) October 2025
b) November 2025
c) December 2025
d) January 2026
Answer: C
Explanation: The visit focuses on energy, trade, and security amid global tensions.
24. What is the highest MSP hike approved for Rabi crops in the 2026-27 marketing season?
a) Lentil: ₹400/quintal
b) Safflower: ₹600/quintal
c) Rapeseed: ₹300/quintal
d) Gram: ₹500/quintal
Answer: B
Explanation: The CCEA approved hikes to ensure remunerative prices and farmer income security.
25. How many people were killed in a head-on collision involving a bus and an oil-carrying vehicle in Panjgur, Balochistan, Pakistan?
a) Four
b) Six
c) Eight
d) Ten
Answer: C
Explanation: The incident underscores road safety challenges in the region.