1. NPCI International Payments Limited (NIPL) recently partnered with which country’s leading fintech company to enable real-time cross-border remittances?
A) UAE
B) Singapore
C) Bahrain
D) Saudi Arabia
Answer: ✅ C) Bahrain
Explanation: NPCI International Payments Limited (NIPL), the international arm of NPCI, signed a partnership with BENEFIT , Bahrain’s top fintech company, to enable real-time cross-border remittances between India and Bahrain. This strengthens India’s global payment network and supports financial inclusion abroad.
2. According to the World Bank’s Financial Sector Assessment (FSA) report, India must accelerate reforms to achieve its goal of becoming a USD 30-trillion economy by which year?
A) 2030
B) 2040
C) 2047
D) 2050
Answer: ✅ C) 2047
Explanation: The World Bank’s FSA report highlighted that India needs faster financial reforms and greater private capital mobilisation to achieve its USD 30-trillion economy target by 2047 , in line with its vision of becoming a developed nation.
3. Which company recently launched an AI-powered redesigned flagship app for enhanced user experience?
A) Google Pay
B) Paytm
C) PhonePe
D) Amazon Pay
Answer: ✅ B) Paytm
Explanation: Paytm (One97 Communications Ltd) launched a redesigned AI-powered app to make digital payments faster, smarter, and more personalised for its users.
4. The Asian Development Bank (ADB) extended $331 million in debt financing to which company for a clean energy project in Andhra Pradesh?
A) Adani Green Energy
B) Tata Power
C) ReNew Energy Global Plc
D) NTPC Green Energy
Answer: ✅ C) ReNew Energy Global Plc
Explanation: ReNew Energy Global Plc secured $331 million (₹2,935 crore) from ADB to fund a clean energy project in Andhra Pradesh , strengthening India’s renewable energy capacity.
5. IN-SPACe and SIDBI Venture Capital Fund signed a contribution agreement for a ₹1,000-crore fund for which sector?
A) Agriculture
B) Private space sector
C) Renewable energy
D) Defence innovation
Answer: ✅ B) Private space sector
Explanation: The Indian National Space Promotion and Authorisation Centre (IN-SPACe) and SIDBI Venture Capital Fund have established a ₹1,000-crore Venture Capital Fund to support India’s private space sector startups and innovations.
6. Who was elected as the first Indian President of the Organisation Internationale des Constructeurs d’Automobiles (OICA)?
A) N. Chandrasekaran
B) Rajesh Kumar Singh
C) Shailesh Chandra
D) Vikram Kirloskar
Answer: ✅ C) Shailesh Chandra
Explanation: Shailesh Chandra , President of SIAM and MD & CEO of Tata Motors Passenger Vehicles , became the first Indian to head OICA , the global body representing automobile manufacturers.
7. Which joint military exercise between India and Sri Lanka began on November 10, 2025, in
Month: Current Affairs - November 12, 2025
Category: