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Daily Current Affairs: 16 September 2025

Current affairs of 16 September 2025: Swasth Nari Sashakt Parivar Abhiyaan and 8th Poshan Maah; Manki-Munda System: Ho Tribe’s Traditional Self-Governance; Eustoma (Lisianthus) First Grown in Odisha by CSIR-NBRI, and 12 more topics. Key facts for every exam, with a quiz.

Take the quiz (15 questions)September 2025

In this issue: 15 topics

National Affairs

Manki-Munda System: Ho Tribe’s Traditional Self-Governance

Government Schemes

Swasth Nari Sashakt Parivar Abhiyaan and 8th Poshan Maah

Banking & Finance

SEBI Plans More FPI Relaxations: Common KYC and Digital Signature
Mule Accounts and Digital Fraud: Banks Turn Cautious on Deposits
SEBI Treats REITs as Equity for Mutual Fund Holdings
Securitisation: Process, Features and Q2FY26 Volumes
PPI Rules: RBI Fines PhonePe Rs 21 Lakh Over Escrow Shortfall
ICICI Bank renews Amazon Pay credit card tie-up for 7 years

Economy

Offshore NDF Market and RBI’s Rupee Defence

International Affairs

5th Coast Guard Global Summit to Be Hosted in Chennai in 2027

Agriculture & Rural

Eustoma (Lisianthus) First Grown in Odisha by CSIR-NBRI
Opium Licensing Policy 2025-26: Cultivation Rules

Environment & Ecology

Erra Matti Dibbalu and Tirumala Hills: UNESCO Tentative List

Defence & Security

Defence Procurement Manual 2025 Replaces 2009 Edition

Reports & Indexes

Cambridge Survey: Only 45% of Students Feel Ready for Life After School

National Affairs

Polity & Governance

1. Manki-Munda System: Ho Tribe’s Traditional Self-Governance

The Manki-Munda system is the Ho tribe's traditional, decentralised self-governance model in Jharkhand's Kolhan region.
A Munda heads one village; a Manki supervises a cluster called a pidh.
The British codified it through Wilkinson's Rules (1833), implemented in 1837.

Full notes and 3 MCQs ›

Government Schemes

Government Schemes

2. Swasth Nari Sashakt Parivar Abhiyaan and 8th Poshan Maah

Swasth Nari, Sashakt Parivar Abhiyaan (Healthy Woman, Strong Family Campaign) was set to start on 17 September 2025.
It begins alongside the 8th Poshan Maah (Nutrition Month), inaugurated by PM Modi.
Joint effort of the Health and Family Welfare Ministry and the Women and Child Development Ministry.

Full notes and 3 MCQs ›

Banking & Finance

3. SEBI Plans More FPI Relaxations: Common KYC and Digital Signature

SEBI plans to link India Digital Signature with the FPI Common Application Form.
Swagat-FI: renewal cycle rises to 10 years from 3, with a one-time $2,500 KYC fee.
SEBI will launch India Market Access, a platform for FPIs to seek regulatory information.

Full notes and 3 MCQs ›

Banking & Finance

4. Mule Accounts and Digital Fraud: Banks Turn Cautious on Deposits

Banks now worry more about opening deposit accounts than loans because dormant accounts are misused as mule accounts.
Section 35A of the Banking Regulation Act, 1949 lets RBI direct banks on KYC and monitoring.
PMLA 2002 requires banks to keep KYC and report suspicious transactions.

Full notes and 3 MCQs ›

5. SEBI Treats REITs as Equity for Mutual Fund Holdings

SEBI moved REITs from hybrid to equity status for mutual fund investments.
Mutual funds now face none of the earlier hybrid-related limits on REIT exposure.
Expected result: more liquidity and retail access to real estate.

Full notes and 3 MCQs ›

Banking & Finance

6. Securitisation: Process, Features and Q2FY26 Volumes

Securitisation volumes are projected at ₹63,000 crore in Q2FY26 versus ₹70,000 crore a year earlier.
Securitisation pools loans into tradable securities, letting lenders raise money quickly.
A Special Purpose Vehicle buys the pool and issues ABS or MBS to investors.
Tranches can be senior, mezzanine and junior.

Full notes and 3 MCQs ›

Banking & Finance

7. PPI Rules: RBI Fines PhonePe Rs 21 Lakh Over Escrow Shortfall

RBI imposed a ₹21 lakh penalty on PhonePe for non-compliance with Prepaid Payment Instrument rules.
PhonePe's escrow balance dipped below the mandated minimum on some days and the shortfall was not reported promptly.
The action was taken under the Payment and Settlement Systems Act, 2007.

Full notes and 3 MCQs ›

Banking & Finance

8. ICICI Bank renews Amazon Pay credit card tie-up for 7 years

ICICI Bank renewed its partnership with Amazon Pay for another 7 years for the co-branded credit card.
The Amazon Pay ICICI Credit Card was first launched in 2018.
ICICI Bank is India's third-largest credit card issuer, behind HDFC Bank and SBI.

Full notes and 3 MCQs ›

Economy

9. Offshore NDF Market and RBI’s Rupee Defence

RBI stepped up activity in the offshore NDF market to steady the rupee.
An NDF is a forward contract settled in cash, usually USD, with no currency delivery.
NDFs trade offshore, in Singapore, London and Dubai.

Full notes and 3 MCQs ›

International Affairs

International Relations

10. 5th Coast Guard Global Summit to Be Hosted in Chennai in 2027

The 5th Coast Guard Global Summit will be held in Chennai in 2027.
The venue was picked unanimously at the 4th summit in Rome, attended by 115 countries and international organisations.
The 2027 event coincides with the 50th anniversary of the Indian Coast Guard.
It will include an International Coast Guard Fleet Review and a World Coast Guard Seminar.

Full notes and 3 MCQs ›

Agriculture & Rural

Agriculture & Rural Development

11. Eustoma (Lisianthus) First Grown in Odisha by CSIR-NBRI

CSIR-NBRI grew Eustoma (Lisianthus) in Odisha for the first time, at Sanatanpali, Sambalpur.
Farmers could earn up to ₹2 lakh per acre per season.
It was mostly imported earlier, from the Netherlands and Kenya.

Full notes and 3 MCQs ›

Government Schemes

12. Opium Licensing Policy 2025-26: Cultivation Rules

The Centre announced the opium licensing policy for crop year 1 October 2025 to 30 September 2026.
Licences cover farmers in Madhya Pradesh, Rajasthan and Uttar Pradesh; about 1.21 lakh are eligible, up 23.5%.
Cultivation is controlled under the NDPS Act, 1985 and needs a Central Government licence.

Full notes and 3 MCQs ›

Environment & Ecology

Environment & Ecology

13. Erra Matti Dibbalu and Tirumala Hills: UNESCO Tentative List

Erra Matti Dibbalu, near Visakhapatnam, and Tirumala Hills in Tirupati district have joined UNESCO's Tentative List.
The Tentative List was last updated in August 2025.
Erra Matti Dibbalu spans about 1,500 acres of red sand dunes along the coast.
Tirumala Hills feature the Eparchaean Unconformity and the Silathoranam natural arch.
India's Tentative List now has 69 sites.

Full notes and 3 MCQs ›

Defence & Security

Government Schemes

14. Defence Procurement Manual 2025 Replaces 2009 Edition

MoD approved Defence Procurement Manual 2025, replacing the 2009 edition.
It covers revenue procurement worth about ₹1 lakh crore a year.
First update in 16 years.

Full notes and 3 MCQs ›

Reports & Indexes

Health & Social Issues

15. Cambridge Survey: Only 45% of Students Feel Ready for Life After School

Only 45% of students feel ready for life beyond school, says a Cambridge global survey.
The survey covered 3,840 students and 3,021 teachers in 150 countries including India.
The survey is titled Preparing Learners to Thrive in a Changing World.

Full notes and 3 MCQs ›

Test yourself

15 questions from the news of 16 September 2025, with answers and explanations.