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Daily Current Affairs 13 February 2025


6. What was India’s retail inflation rate in January 2025?

A. 4.31%

B. 5.22%

C. 6.10%

D. 3.75%

Discuss Work Space

Answer: option a

Explanation:

India’s retail inflation, measured by the Consumer Price Index (CPI), dropped to 4.31% in January 2025, the lowest in five months, mainly due to a decline in food prices.

7. What is the name of SEBI’s new platform to track inactive mutual fund folios?

A. SAMRIDHI

B. MITRA

C. SUKHAD

D. NIVESH

Discuss Work Space

Answer: option b

Explanation:

The Securities and Exchange Board of India (SEBI) introduced the Mutual Fund Investment Tracing and Retrieval Assistant (MITRA) to help investors reclaim unclaimed mutual fund investments.

8. Which bank has been allowed by RBI to resume digital customer onboarding?

A. ICICI Bank

B. Axis Bank

C. Kotak Mahindra Bank

D. HDFC Bank

Discuss Work Space

Answer: option c

Explanation:

The Reserve Bank of India (RBI) lifted the restrictions on Kotak Mahindra Bank, allowing it to resume digital customer onboarding and issue new credit cards.

9. What major decision has the RBI taken regarding Small Finance Banks (SFBs)?

A. Allowed them to offer loans in cryptocurrencies

B. Permitted them to issue credit via UPI

C. Instructed them to increase rural branch presence

D. Restricted them from providing online banking services

Discuss Work Space

Answer: option b

Explanation:

The RBI has permitted Small Finance Banks (SFBs) to offer pre-sanctioned credit lines via UPI to boost financial inclusion for individuals and small businesses.

10. Who has been appointed as the Chief Economist of Canara Bank?

A. Dr. Madhavankutty G

B. Dr. Raghuram Rajan

C. Dr. Arvind Subramanian

D. Dr. Viral Acharya

Discuss Work Space

Answer: option a

Explanation:

Canara Bank appointed Dr. Madhavankutty G as its Chief Economist, leveraging his expertise in banking and economic research.


Daily Current Affairs 13 February 2025 FAQ

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