1. Which financial institution is establishing a “Center of Excellence for Project Financing” to support AI, e-commerce, and fintech?
• Correct Answer: State Bank of India (SBI).
• The new unit focuses on modern sectors like AI, e-commerce, and fintech.
• It diversifies SBI’s traditional role of financing large infrastructure projects.
• SBI will hire specialized professionals for this initiative.
2. Which UPI payment app recently became the fifth-largest UPI player, surpassing CRED?
• Correct Answer: Flipkart’s Super.money.
• As per NPCI data, it rose to 5th place, pushing CRED to 6th.
• On March 1, 2025, UPI’s daily transaction value crossed ₹1 lakh crore for the first time.
• This marks a significant milestone in India’s digital payments landscape.
3. What was the total number of UPI transactions recorded in February 2025?
• Correct Answer: 16.11 billion.
• This indicates a 5.2% decline from the previous month.
• PhonePe, Google Pay, and Paytm maintained dominance despite the drop.
• Flipkart’s Super.money entered the top five, replacing CRED.
4. Which UPI platform held the largest market share in February 2025?
• Correct Answer: PhonePe.
• It had a transaction volume of 7,656.40 million, leading with 47.54% market share.
• The transaction value was ₹11,18,963.81 crore (50.94% value share).
• Google Pay stood second in both volume and value share.
5. According to Morgan Stanley’s projection, by which year will India surpass Germany to become the world’s third-largest economy?
• Correct Answer: 2028.
• ‘Make in India’ and ‘Digital India’ have fueled industrial and economic growth.
• Infrastructure projects have improved connectivity across the country.
• Landmark reforms continue to attract global investments.
6. Which venue hosted the first-ever Fit India Carnival aimed at promoting a healthy and active lifestyle?
• Correct Answer: Jawaharlal Nehru (JLN) Stadium, New Delhi.
• The carnival aligns with the Fit India Movement and spans three days.
• It focuses on fitness awareness and active living for all age groups.
• This initiative underscores India’s push toward sports and health.
7. What is the primary goal of the ‘UN80 Initiative’ introduced by UN Secretary-General Antonio Guterres?
• Correct Answer: Streamline UN operations for higher efficiency and cost-effectiveness.
• It addresses resource constraints and global uncertainties.
• Focuses on enhancing the UN’s operational effectiveness.
• Aims to make the 80-year-old global body more responsive to modern challenges.
8. Who officially inaugurated the Lachit Barphukan Police Academy in Dergaon, Assam?
• Correct Answer: Union Home Minister Amit Shah.
• Assam CM Dr. Himanta Biswa Sarma and Union Minister Sarbananda Sonowal also attended.
• The academy is named after the renowned Ahom General Lachit Barphukan.
• It aims to enhance law enforcement training and infrastructure in Assam.
9. How many total medals did India win at the World Para Athletics Grand Prix 2025 in New Delhi?
• Correct Answer: 134 medals in total.
• This included 45 gold, 40 silver, and 49 bronze medals.
• It was India’s first international para-athletics event, hosted at JLN Stadium.
• The event will be conducted annually until 2028, highlighting India’s commitment to para-sports.
10. National Vaccination Day, marking the significance of Oral Polio Vaccines and immunization efforts, is observed in India on which date?
• Correct Answer: March 16.
• First observed in 1995 with the introduction of India’s Oral Polio Vaccine (OPV).
• India was declared polio-free by WHO in 2014.
• Encourages routine immunization awareness and celebrates eradication milestones.
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