D) Digital taxation
Answer: B) Fintech innovation
Explanation: NPCI Tech Solutions Limited (NTSL) promotes experimentation in fintech.
10. RBI’s recent clarification applies only to which category of loans?
A) Gold loans
B) Home loans
C) EPI-based personal loans
D) Credit card loans
Answer: C) EPI-based personal loans
Explanation: The circular is applicable only to equated periodic instalment–based personal loans.
11. The Payment and Settlement Systems Act, 2007 came into force on:
A) 1 January 2008
B) 15 August 2008
C) 12 August 2008
D) 20 December 2007
Answer: C) 12 August 2008
Explanation: The Act received Presidential assent in December 2007 and became effective on 12 August 2008.
12. Which country became the first in South Asia to join the UN Water Convention?
A) India
B) Nepal
C) Bangladesh
D) Sri Lanka
Answer: C) Bangladesh
Explanation: Bangladesh became the 56th global member and the first in South Asia.
13. Who was sworn in as the U.S. Ambassador to India on November 11, 2025?
A) Eric Garcetti
B) Sergio Gor
C) John Kerry
D) Kenneth Juster
Answer: B) Sergio Gor
Explanation: Sergio Gor took office as U.S. Ambassador to India.
14. Who became the first-ever woman to lead UN Tourism?
A) Amina Mohammed
B) Kristalina Georgieva
C) Shaikha Nasser Al Nowais
D) Natalia Bayona
Answer: C) Shaikha Nasser Al Nowais
Explanation: She made history by becoming the first woman to head UN Tourism.
15. Neville Tata and Bhaskar Bhat were inducted as trustees of which entity?
A) Tata Sons
B) Tata Trusts – Sir Dorabji Tata Trust
C) Tata Steel Foundation
D) Tata CSR Council
Answer: B) Sir Dorabji Tata Trust
Explanation: They joined SDTT as trustees effective from November 11, 2025.
16. Rakshit Hargave has been appointed as the new CEO of which company?
A) Nestlé India
B) Britannia Industries
C) Dabur
D) Hindustan Unilever
Answer: B) Britannia Industries
Explanation: He will serve as CEO and Executive Director for five years starting December 15, 2025.
17. Exercise VINBAX 2025 is conducted between India and which country?
A) Japan
B) Vietnam
C) Thailand
D) Indonesia
Answer: B) Vietnam
Explanation: The 6th edition of VINBAX began in Hanoi.
Month: Current Affairs - November 14, 2025
Category: