25 DECEMBER 2025 Current Affairs MCQ

Q8. PayNearby received which licence approval to provide UPI-based services?

A. Payment Aggregator Licence
B. TPAP Licence
C. Banking Licence
D. Prepaid Payment Instrument Licence

✅ Answer: B

📝 Explanation:
PayNearby received a Third-Party Application Provider (TPAP) licence from NPCI .

Q9. ‘Canara ai1Pe’ launched by Canara Bank is related to which service?

A. Mobile banking
B. Credit card payments
C. UPI-based digital payments
D. Loan origination

✅ Answer: C

📝 Explanation:
Canara ai1Pe is a UPI-based digital payments application launched by Canara Bank.

Q10. Who was recommended by FSIB as the MD & CEO of Canara Bank?

A. Rajesh Kumar
B. K. Satyanarayana Raju
C. Brajesh Kumar Singh
D. Sunil Mehta

✅ Answer: C

📝 Explanation:
The Financial Services Institutions Bureau (FSIB) recommended Brajesh Kumar Singh as MD & CEO of Canara Bank.

Q11. The Competition Commission of India (CCI) approved Blackstone’s acquisition of what stake in Federal Bank?

A. 5%
B. 7.5%
C. 9.99%
D. 15%

✅ Answer: C

📝 Explanation:
CCI approved Blackstone’s acquisition of a 9.99% stake in Federal Bank through warrants.

Q12. DRDO recently completed User Evaluation Trials of which missile system?

A. Prithvi-II
B. Akash-NG
C. BrahMos-ER
D. Astra Mk-II

✅ Answer: B

📝 Explanation:
Akash-NG (Next-Generation Akash) missile successfully completed User Evaluation Trials (UET) .

Q13. India concluded negotiations on the Financial Services Annex of an FTA with which country?

A. Australia
B. UK
C. New Zealand
D. Canada

✅ Answer: C

📝 Explanation:
India and New Zealand concluded negotiations on the Financial Services Annex of the FTA .

Q14. Kashiwazaki–Kariwa Nuclear Power Plant, recently in news, is located in which country?

A. USA
B. China
C. South Korea
D. Japan

✅ Answer: D

📝 Explanation:
The Kashiwazaki–Kariwa Nuclear Power Plant , the world’s largest, is located in Japan .

Q15. AILA, developed by IIT Delhi, is best described as: