Daily Current Affairs: 20 September 2025

Current affairs of 20 September 2025: H-1B Visa $100,000 Fee: Impact on India; India Re-elected to UPU Council of Administration and POC; INS Androth: Navy Inducts Second ASW Shallow Water Craft, and 9 more topics. Key facts for every exam, with a quiz.

Take the quiz (15 questions)September 2025

In this issue: 12 topics

Banking & Finance

Corporate Bond Index Derivatives: SEBI-RBI Talks
PFRDA-SEBI Talks on Pension Funds in Commodity Derivatives
PFRDA Multiple Scheme Framework for non-government NPS
DBS Bank India Becomes RBI Agency Bank for GST Collection
B-30 Incentives Return and Exit Load Capped at 3% by SEBI

Economy

Japan’s R&I Upgrades India Sovereign Rating to BBB+

International Affairs

H-1B Visa $100,000 Fee: Impact on India
India Re-elected to UPU Council of Administration and POC
Intervision 2025: Vietnam’s Duc Phuc Wins Moscow Song Contest

Agriculture & Rural

Biostimulants GST Confusion: BASAI Seeks Clarity on 5% vs 18%

Defence & Security

INS Androth: Navy Inducts Second ASW Shallow Water Craft

Awards & Persons

INSPIRE Award-MANAK 2025: District Innovation Rankings

Banking & Finance

Economy

1. Corporate Bond Index Derivatives: SEBI-RBI Talks

SEBI and RBI were in talks on corporate bond index derivatives to lift debt trading.
SEBI cleared cash-settled Corporate Bond Index Futures (CBIF) in January 2023.
Eligible indices hold only bonds rated AA+ or above.

Full notes and 3 MCQs ›

Economy

2. PFRDA-SEBI Talks on Pension Funds in Commodity Derivatives

PFRDA discussed letting pension funds enter select commodity derivatives with SEBI.
Gold, silver and other metals are the focus; farm commodities may stay excluded.
New PFRDA guidelines and board approval would be needed.

Full notes and 3 MCQs ›

Banking & Finance

3. PFRDA Multiple Scheme Framework for non-government NPS

PFRDA announced a Multiple Scheme Framework for non-government NPS subscribers.
Many schemes can sit under one PRAN across various CRAs.
High-risk schemes may hold up to 100% equity, up from 75%.

Full notes and 3 MCQs ›

Economy

4. DBS Bank India Becomes RBI Agency Bank for GST Collection

DBS Bank India is the first wholly owned foreign-bank subsidiary authorised as an RBI agency bank.
It will collect GST for CBIC under the Finance Ministry.
Channels: DBS IDEAL, NEFT, RTGS and branch OTC payments.

Full notes and 3 MCQs ›

Economy

5. B-30 Incentives Return and Exit Load Capped at 3% by SEBI

SEBI revived incentives for distributors bringing new individual investors from beyond the top-30 cities.
Incentive: 1% of the first lumpsum or first-year SIP, capped at ₹2,000 per investor.
Maximum exit load on mutual fund schemes is capped at 3%, down from 5%.

Full notes and 3 MCQs ›

Economy

6. Japan’s R&I Upgrades India Sovereign Rating to BBB+

Japan's R&I upgraded India's sovereign rating to BBB plus.
GST moved from four slabs to two main rates.
It is R&I's third sovereign upgrade of the year.

Full notes and 3 MCQs ›

International Affairs

Economy

7. H-1B Visa $100,000 Fee: Impact on India

A Trump proclamation sets a $100,000 charge for every H-1B sponsorship by US firms.
India accounts for about 71% of H-1B holders; Infosys, Wipro, TCS face higher costs.
Quota: 65,000 plus 20,000 for US Master's holders.

Full notes and 3 MCQs ›

International Relations

8. India Re-elected to UPU Council of Administration and POC

India was re-elected to the UPU Council of Administration and Postal Operations Council.
The 28th UPU Congress was held in Dubai.
UPU: UN agency, founded 1874, headquartered in Berne, 192 members.

Full notes and 3 MCQs ›

International Relations

9. Intervision 2025: Vietnam’s Duc Phuc Wins Moscow Song Contest

The Intervision Song Contest 2025 was held on 20 September 2025 at Live Arena, Novoivanovskoye, near Moscow.
Vietnam's Đức Phúc won with 422 points; Kyrgyzstan was second with 373 and Qatar third with 369.
More than 20 countries took part, including India.
The original Intervision ran from 1965 to 1980 for Eastern Bloc countries.
Russia revived it in 2025 after being excluded from Eurovision.

Full notes and 3 MCQs ›

Agriculture & Rural

Economy

10. Biostimulants GST Confusion: BASAI Seeks Clarity on 5% vs 18%

BASAI wants GST clarity on biostimulants; rates applied vary between 5% and 18%.
Biostimulants fall under the Fertiliser (Control) Order, 1985 since 2021.
146 products approved by August 2025; 8,000+ provisional registrations invalidated.

Full notes and 3 MCQs ›

Defence & Security

Science & Technology

11. INS Androth: Navy Inducts Second ASW Shallow Water Craft

Androth, inducted by the Navy, is the second ship of the ASW-SWC (Anti-Submarine Warfare Shallow Water Craft) class.
It was built by Garden Reach Shipbuilders & Engineers, Kolkata, as part of an 8-ship series.
The ship is about 77 metres long and has over 80% indigenous content.

Full notes and 3 MCQs ›

Awards & Persons

Science & Technology

12. INSPIRE Award-MANAK 2025: District Innovation Rankings

Muzaffarpur, Bihar, led INSPIRE Award-MANAK 2025 rankings with 7,403 student ideas.
MANAK is run by DST and the National Innovation Foundation for Class VI to X students.
₹10,000 is given for models; the top 60 innovations go to Rashtrapati Bhavan.

Full notes and 3 MCQs ›

Test yourself

15 questions from the news of 20 September 2025, with answers and explanations.

Start the quiz

Current Affairs

General Studies

Exams

PDFs

Practice

More

Daily Current Affairs: 20 September 2025

In this issue: 12 topics

Banking & Finance

1. Corporate Bond Index Derivatives: SEBI-RBI Talks

2. PFRDA-SEBI Talks on Pension Funds in Commodity Derivatives

3. PFRDA Multiple Scheme Framework for non-government NPS

4. DBS Bank India Becomes RBI Agency Bank for GST Collection

5. B-30 Incentives Return and Exit Load Capped at 3% by SEBI

Economy

6. Japan’s R&I Upgrades India Sovereign Rating to BBB+

International Affairs

7. H-1B Visa $100,000 Fee: Impact on India

8. India Re-elected to UPU Council of Administration and POC

9. Intervision 2025: Vietnam’s Duc Phuc Wins Moscow Song Contest

Agriculture & Rural

10. Biostimulants GST Confusion: BASAI Seeks Clarity on 5% vs 18%

Defence & Security

11. INS Androth: Navy Inducts Second ASW Shallow Water Craft

Awards & Persons

12. INSPIRE Award-MANAK 2025: District Innovation Rankings

Test yourself