✅ Answer: C
📝 Explanation:
The First-India Mutual Fund allows Russian retail investors exposure to India’s equity market via the Nifty50 Index .
Q8. The World Bank’s USD ~600 million clean air financing will benefit which regions?
A. Deccan Plateau
B. Coastal Andhra & Odisha
C. Indo-Gangetic Plains & Himalayan Foothills
D. Western Ghats
✅ Answer: C
📝 Explanation:
The financing targets Uttar Pradesh and Haryana , benefiting ~270 million people across the IGP and Himalayan Foothills .
Q9. SEBI recently expanded the definition of “Strategic Investor” to widen participation in:
A. IPOs only
B. Mutual Funds
C. REITs and InvITs
D. Sovereign Bonds
✅ Answer: C
📝 Explanation:
SEBI expanded the definition for REITs & InvITs to increase investor participation in public issues .
Q10. Which foreign bank received RBI approval to open a new branch in Pune after nearly a decade?
A. Citibank
B. HSBC
C. JPMorgan Chase & Co.
D. Deutsche Bank
✅ Answer: C
📝 Explanation:
JPMorgan Chase & Co. received in-principle RBI approval to open a new branch in Pune, its first expansion in India in almost 10 years .
Q11. Boreendo, recently discussed in news, belongs to which country?
A. India
B. Pakistan
C. Afghanistan
D. Iran
✅ Answer: B
📝 Explanation:
Boreendo (Pakistan) was inscribed on UNESCO’s List of Intangible Cultural Heritage in Need of Urgent Safeguarding .
Q12. Kopra Reservoir, declared Chhattisgarh’s first Ramsar Site, is located in which district?
A. Raipur
B. Durg
C. Bilaspur
D. Bastar
✅ Answer: C
📝 Explanation:
Kopra Reservoir in Bilaspur district became Chhattisgarh’s first Ramsar Wetland .
Q13. TIME Magazine’s Person of the Year 2025 was awarded to:
A. Sam Altman
B. Elon Musk
C. Architects of Artificial Intelligence
D. OpenAI Team
✅ Answer: C
📝 Explanation:
TIME honoured the “Architects of Artificial Intelligence” for shaping AI as a central force in global life.
Q14. Vaibhav Suryavanshi’s 171-run knock was recorded in which tournament?
A. ICC U-19 World Cup
B. Vijay Hazare Trophy
C. U-19 Asia Cup
D. Ranji Trophy
Month: Current Affairs - December 15, 2025
Category: