Daily Current Affairs Quiz for UPSC : 26 June 2025

Which of the following statements about the RBI’s revised Priority Sector Lending (PSL) norms for Small Finance Banks (SFBs) is/are correct?

1. The PSL target for SFBs was reduced from 75% to 60% to enhance lending flexibility.

2. SFBs are required to maintain 50% of their loan portfolio for the MSME sector.

3. The additional PSL component for SFBs was increased from 20% to 35%.

Consider the following statements about Small Finance Banks (SFBs):

1. SFBs are licensed under the Banking Regulation Act, 1949.

2. The minimum net worth requirement for SFBs is ₹200 crore at the time of launch.

3. SFBs are primarily designed to serve the needs of small and marginal farmers, MSMEs, and unbanked populations.

Which of the statements given above are correct?

Consider the following statements about the UN80 Initiative:

1. It was launched by UN Secretary-General António Guterres.

2. The initiative aims to reform UN mandates directly by reviewing their content.

3. One of its objectives is to enhance efficiency and reduce administrative costs.

Which of the statements given above is/are correct?

Consider the following statements regarding the National Disaster Management Authority (NDMA):

1. The NDMA was constituted on 27th September 2006 under the provisions of the Disaster Management Act, 2005.

2. NDMA is headed by the Union Home Minister and lays down policies, plans, and guidelines for disaster management in India.

3. NDMA focuses on the ethos of prevention, mitigation, preparedness, and response for disaster management.

Which of the above statements is/are correct?