Comprehensive Analysis of Current Affairs as of March 12, 2025

Staying abreast of current affairs is essential for aspirants of competitive examinations such as UPSC, SSC, and various banking exams. This article delves into the significant developments across diverse sectors up to March 12, 2025, providing a detailed and engaging overview to aid your preparation.

Politics & Governance

New Legislative Initiatives and Policies

The Government of India has recently introduced several legislative measures aimed at bolstering economic growth and ensuring social welfare. One notable development is the Pradhan Mantri Swasthya Suraksha Nidhi (PMSSN), a dedicated fund established to enhance healthcare infrastructure across the nation. This initiative underscores the government’s commitment to providing accessible and quality healthcare to all citizens.

Constitutional Amendments

In a landmark move, the Parliament passed the 127th Constitutional Amendment Bill, restoring the states’ power to identify and notify Other Backward Classes (OBCs). This amendment rectifies the implications of a previous Supreme Court judgment, reaffirming the federal structure and the autonomy of states in matters of social justice.

Judicial Pronouncements

The Delhi High Court has recently addressed the issue of smartphone usage in schools. On February 28, 2025, Justice Anup Jairam Bhambani issued guiding principles aimed at balancing the benefits and drawbacks of smartphones in educational settings. The court’s decision emphasizes the need for a nuanced approach to technology in education, considering both its potential and its pitfalls.

Economic Developments

RBI’s Oversight on Derivatives

The Reserve Bank of India (RBI) is currently scrutinizing the derivatives portfolios of various banks following discrepancies reported by IndusInd Bank. The bank uncovered a significant accounting discrepancy in its currency derivatives booking, impacting its earnings by an estimated $175 million. This incident has raised concerns about the robustness of risk management practices in the banking sector. citeturn0news8

Inflation Trends and Currency Stability

The Indian Rupee has remained relatively stable, trading at 87.2250 against the US Dollar. Traders are keenly awaiting inflation data from both India and the United States, as these figures could influence future monetary policy decisions. The consensus anticipates India’s Consumer Price Index (CPI) to ease to 3.98%, signaling a potential stabilization of inflationary pressures.

Stock Market Movements

The Indian stock markets have experienced volatility due to various domestic and global factors. Investors are closely monitoring corporate earnings, policy announcements, and geopolitical developments to gauge market trajectories.

Budget Highlights and Economic Reforms

The Union Budget for the fiscal year 2025-26 has introduced several key initiatives aimed at stimulating economic growth. These include increased allocations for infrastructure development, measures to boost manufacturing under the Make in India initiative, and incentives for startups to foster innovation and entrepreneurship.

Science and Technology

ISRO’s Lunar Discoveries

Recent findings from the Chandrayaan-3 mission have revealed the potential presence of ice beneath the Moon’s surface, particularly at the poles. This discovery is significant for future lunar exploration and the possibility of utilizing lunar resources.

Advancements in Artificial Intelligence

India continues to make strides in Artificial Intelligence (AI) research and applications. Collaborative efforts between academia, industry, and government are fostering innovations in sectors such as healthcare, agriculture, and education, aiming to enhance efficiency and service delivery.

Technological Collaborations

In a surprising development, Reliance Jio has partnered with SpaceX’s Starlink to introduce satellite-based internet services in India. This collaboration aims to bridge the digital divide by providing high-speed internet connectivity to remote and underserved regions across the country.

International Relations

Bilateral Agreements

India has recently signed a Memorandum of Understanding (MoU) with Indonesia to facilitate the trade of non-basmati white rice. This agreement aims to strengthen agricultural trade ties and ensure food security between the two nations.

Participation in Global Forums

India continues to play a pivotal role in international platforms such as the G20, United Nations (UN), BRICS, and QUAD. Active participation in these forums underscores India’s commitment to addressing global challenges, including climate change, economic development, and geopolitical stability.

Environment and Ecology

Wildlife Conservation Efforts

Conservation initiatives are underway to protect endangered species and their habitats. Efforts include anti-poaching measures, community engagement programs, and habitat restoration projects to preserve biodiversity.

Global Climate Treaties

India remains committed to international climate agreements, actively working towards reducing carbon emissions and promoting sustainable development. The country is investing in renewable energy sources and implementing policies to mitigate the impacts of climate change.

Environmental Challenges

The nation faces environmental challenges such as pollution, deforestation, and water scarcity. Addressing these issues requires integrated policies, public awareness, and community participation to ensure sustainable development.

Defense and Security

Recent Defense Deals

India has entered into defense agreements to enhance its military capabilities. These deals focus on acquiring advanced technology, joint production, and research collaborations to strengthen national security.

Military Advancements

The Indian Armed Forces are undergoing modernization to bolster defense readiness. Indigenization efforts are being emphasized to reduce dependency on foreign equipment and promote self-reliance in defense production.

Cybersecurity Developments

With the increasing digitization of services, cybersecurity has become a critical focus area. Initiatives are being implemented to protect critical infrastructure, enhance cyber resilience, and develop a skilled workforce to tackle cyber threats.

Sports and Recognitions

Recent Achievements

Indian athletes have showcased exceptional performances in various international tournaments, bringing laurels to the nation. Their achievements highlight the growing prominence of India in the global sports arena.

Major Recognitions

Prominent personalities from diverse fields have been honored with national and international awards, acknowledging their contributions to society and their respective domains.

In conclusion, staying informed about current affairs across various sectors is crucial for aspirants preparing for competitive examinations. A comprehensive understanding of these developments not only aids in exam preparation but also enhances one’s awareness of the dynamic world we live in.

current affairs quiz questions

Question 1: Which scheme has the Indian government recently introduced to enhance healthcare services across the country?
Option 1: Pradhan Mantri Jan Arogya Yojana (PMJAY)
Option 2: Pradhan Mantri Swasthya Suraksha Nidhi (PMSSN)
Option 3: Ayushman Bharat Health Account (ABHA)
Option 4: Rashtriya Swasthya Bima Yojana (RSBY)
Option 5: National Rural Health Mission (NRHM)
Answer: Option 2
Explanation: The Indian government recently introduced Pradhan Mantri Swasthya Suraksha Nidhi (PMSSN) as a dedicated fund for improving healthcare services. It aims to provide accessible and quality healthcare facilities nationwide. Other schemes like PMJAY and ABHA focus on different aspects of healthcare delivery.

Question 2: What is the key objective of the 127th Constitutional Amendment Bill passed by the Indian Parliament?
Option 1: To remove reservations for Other Backward Classes (OBCs)
Option 2: To give states the power to identify and notify OBCs
Option 3: To increase reservation for Scheduled Tribes (STs)
Option 4: To introduce a new reservation category for economically weaker sections
Option 5: To amend the rights of Scheduled Castes (SCs) in employment
Answer: Option 2
Explanation: The 127th Constitutional Amendment Bill restores the power of state governments to identify and notify OBCs for reservations, overturning a previous Supreme Court ruling that limited this authority. This strengthens India’s federal structure by allowing states to decide their reservation policies.

Question 3: Which recent judicial decision by the Delhi High Court focuses on smartphone usage in schools?
Option 1: Complete ban on smartphones in schools
Option 2: Restriction on using smartphones during exams only
Option 3: Guidelines balancing the benefits and drawbacks of smartphones
Option 4: Introduction of a smartphone-based learning system
Option 5: Allowing only 4G-enabled devices for education purposes
Answer: Option 3
Explanation: The Delhi High Court ruled in favor of issuing guidelines to balance the advantages and disadvantages of smartphone usage in schools, instead of imposing a complete ban. This decision recognizes the role of technology in education while addressing potential distractions.

Question 4: What major financial issue has led the RBI to review banks’ derivatives portfolios?
Option 1: High inflation rates
Option 2: A $175 million loss by IndusInd Bank in currency derivatives
Option 3: A collapse in the Indian stock market
Option 4: Fraudulent transactions in private sector banks
Option 5: Digital banking system failures
Answer: Option 2
Explanation: The Reserve Bank of India (RBI) is reviewing banks’ derivatives portfolios due to a $175 million loss recorded by IndusInd Bank in currency derivatives. This move aims to strengthen risk management practices in India’s banking sector.

Question 5: What is the expected Consumer Price Index (CPI) inflation rate for India, as per recent reports?
Option 1: 2.5%
Option 2: 4.5%
Option 3: 3.98%
Option 4: 6.2%
Option 5: 5.0%
Answer: Option 3
Explanation: Reports suggest that India’s Consumer Price Index (CPI) inflation rate may decline to 3.98%, indicating controlled inflation and economic stability. CPI is a crucial metric for assessing price changes in essential goods and services.

Question 6: Which Indian space mission has discovered possible ice deposits on the Moon’s surface?
Option 1: Chandrayaan-1
Option 2: Mangalyaan
Option 3: Chandrayaan-2
Option 4: Chandrayaan-3
Option 5: Aditya-L1
Answer: Option 4
Explanation: Chandrayaan-3, India’s lunar exploration mission, has identified potential ice deposits beneath the Moon’s surface, particularly in polar regions. This discovery is crucial for future lunar colonization and resource utilization.

Question 7: Which Indian telecom company has partnered with SpaceX’s Starlink for satellite-based internet services?
Option 1: Bharti Airtel
Option 2: Vodafone Idea
Option 3: BSNL
Option 4: Reliance Jio
Option 5: MTNL
Answer: Option 4
Explanation: Reliance Jio has partnered with SpaceX’s Starlink to introduce satellite-based internet services in India, focusing on improving internet connectivity in remote and rural areas.

Question 8: India recently signed an MoU with Indonesia regarding the trade of which commodity?
Option 1: Palm oil
Option 2: Non-basmati white rice
Option 3: Spices
Option 4: Crude oil
Option 5: Electronic components
Answer: Option 2
Explanation: India signed a Memorandum of Understanding (MoU) with Indonesia to facilitate the trade of non-basmati white rice, ensuring food security and strengthening economic ties between the two nations.

Question 9: Which initiative is being implemented to reduce carbon emissions in India?
Option 1: Smart Cities Mission
Option 2: National Solar Mission
Option 3: Green Hydrogen Policy
Option 4: Atmanirbhar Bharat
Option 5: Digital India
Answer: Option 3
Explanation: The Green Hydrogen Policy is a major initiative aimed at reducing carbon emissions by promoting renewable energy sources, particularly in industries that rely on fossil fuels.

Question 10: India is actively participating in which global forums for economic and strategic cooperation?
Option 1: G20, UN, BRICS, QUAD
Option 2: NATO, OPEC, ASEAN, SAARC
Option 3: EU, APEC, IMF, SCO
Option 4: NAFTA, WTO, OIC, OECD
Option 5: TPP, GCC, IORA, ADB
Answer: Option 1
Explanation: India is a key player in international organizations like G20, UN, BRICS, and QUAD, contributing to global economic development, security cooperation, and climate change mitigation.

Question 11: Which Indian defense initiative focuses on indigenous military production?
Option 1: Sagar Mala Project
Option 2: Atmanirbhar Bharat in Defense
Option 3: Agneepath Scheme
Option 4: National Defense Strategy
Option 5: Make in India for Automobiles
Answer: Option 2
Explanation: Atmanirbhar Bharat in Defense promotes indigenous production of military equipment, reducing reliance on foreign imports and enhancing India’s self-reliance in defense manufacturing.

Question 12: What is the major objective of the anti-poaching measures introduced by the Indian government?
Option 1: Increasing wildlife tourism
Option 2: Expanding zoos across India
Option 3: Strengthening wildlife protection laws
Option 4: Engaging communities in conservation efforts
Option 5: Promoting hunting regulations
Answer: Option 4
Explanation: Anti-poaching measures include community engagement programs to protect wildlife, restore habitats, and ensure sustainable conservation practices.

Question 13: Which Indian city recently hosted the G20 Climate Summit?
Option 1: New Delhi
Option 2: Mumbai
Option 3: Hyderabad
Option 4: Bengaluru
Option 5: Chennai
Answer: Option 3
Explanation: Hyderabad hosted the G20 Climate Summit, focusing on global climate policies, renewable energy adoption, and strategies for achieving net-zero emissions. India’s leadership in climate negotiations was a key highlight of the summit.

Question 14: What is the significance of the India-Middle East-Europe Economic Corridor (IMEC)?
Option 1: It connects India’s economy directly to the European Union
Option 2: It serves as an alternative to China’s Belt and Road Initiative (BRI)
Option 3: It is a new trade agreement between India, UAE, and Saudi Arabia
Option 4: It is a financial collaboration to invest in renewable energy
Option 5: It provides exclusive tax benefits for Indian exporters
Answer: Option 2
Explanation: The India-Middle East-Europe Economic Corridor (IMEC) is a major strategic initiative offering an alternative to China’s Belt and Road Initiative (BRI). It enhances connectivity and trade between India, the Middle East, and Europe through a multi-modal transport system.

Question 15: Which Indian startup has recently received unicorn status for its advancements in Artificial Intelligence (AI)?
Option 1: Ola Electric
Option 2: Razorpay
Option 3: Fractal Analytics
Option 4: Lenskart
Option 5: Zepto
Answer: Option 3
Explanation: Fractal Analytics, an AI-driven data analytics company, recently achieved unicorn status. It focuses on AI-powered solutions for various industries, including healthcare, finance, and retail.

Question 16: India and Japan have signed a defense agreement for cooperation in which area?
Option 1: Cybersecurity and AI-based warfare
Option 2: Joint development of fighter jets
Option 3: Maritime security and defense technology exchange
Option 4: Establishment of a military base in the Indian Ocean
Option 5: Nuclear weapons development collaboration
Answer: Option 3
Explanation: India and Japan signed an agreement focusing on maritime security and defense technology exchange, strengthening Indo-Pacific security and countering regional threats.

Question 17: What is the main feature of the recently launched Bharat 6G Vision document?
Option 1: Establishing India’s leadership in 6G technology
Option 2: Expanding 5G networks to all villages
Option 3: Developing AI-based telecommunication services
Option 4: Merging internet connectivity with satellite communications
Option 5: Ensuring 6G remains accessible to only government agencies
Answer: Option 1
Explanation: The Bharat 6G Vision document outlines India’s roadmap for leading in 6G technology, focusing on high-speed internet, advanced connectivity solutions, and global collaborations.

Question 18: Which Indian sports personality recently won the prestigious Laureus Sports Award?
Option 1: Neeraj Chopra
Option 2: PV Sindhu
Option 3: Virat Kohli
Option 4: Rohan Bopanna
Option 5: Mirabai Chanu
Answer: Option 1
Explanation: Olympic gold medalist Neeraj Chopra was awarded the Laureus Sports Award for his remarkable achievements in javelin throw, strengthening India’s reputation in global athletics.

Question 19: Which of the following has been designated as India’s official digital currency?
Option 1: Bitcoin
Option 2: e-Rupee
Option 3: Digital Bharat Coin
Option 4: CryptoINR
Option 5: UPI Coin
Answer: Option 2
Explanation: The Reserve Bank of India (RBI) has launched e-Rupee as India’s official digital currency, part of the Central Bank Digital Currency (CBDC) initiative. This aims to provide a regulated alternative to cryptocurrencies.

Question 20: India’s recent agreement with France focuses on cooperation in which sector?
Option 1: Renewable energy projects
Option 2: Space technology and satellite launches
Option 3: Nuclear energy development
Option 4: Defense equipment manufacturing
Option 5: Artificial Intelligence research
Answer: Option 4
Explanation: India and France signed a defense cooperation agreement to manufacture advanced defense equipment, including fighter jets and submarines, strengthening strategic ties and self-reliance in defense production.

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