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Daily Current Affairs: 3 & 4 August 2025

Current affairs of 3 & 4 August 2025: LVM3 Semi-Cryogenic Upgrade: SE2000 Engine Due by 2027; National Child Survey and Mission Vatsalya Portal Revamp; Climate Finance Taxonomy: India’s First Framework Explained, and 11 more topics. Key facts for every exam, with a quiz.

Take the quiz (15 questions)August 2025
14 TOPICSDaily CurrentAffairs3 & 4 August 2025In focus: LVM3 Semi-Cryogenic Upgrade: SE2000…safalsetu.com

In this issue: 14 topics

Government Schemes

  1. National Child Survey and Mission Vatsalya Portal Revamp

Banking & Finance

  1. Choice AMC Wins SEBI Final Approval for Mutual Fund Operations
  2. Quant MF Gets SEBI Nod for India’s First SIF Fund
  3. New India Co-operative Bank Merged with Saraswat Bank
  4. IPPB launches Aadhaar face authentication for banking services

Economy

  1. Climate Finance Taxonomy: India’s First Framework Explained

International Affairs

  1. India-EFTA TEPA to take effect on 1 October 2025
  2. India-UN Capacity Building Initiative: First 4 Projects Begin

Agriculture & Rural

  1. Iron-Rich Bio-Fortified Potato Coming to India via CIP
  2. Agri-Influencers: Rural India’s New Digital Creators

Science & Technology

  1. LVM3 Semi-Cryogenic Upgrade: SE2000 Engine Due by 2027

Environment & Ecology

  1. Silver-backed chevrotain rediscovered in Vietnam after 30 years
  2. Red Panda Cubs Born at Himalayan Zoological Park, Gangtok

Defence & Security

  1. Kalvari-Class Submarines Miss DRDO AIP Upgrade Due to Delays

Government Schemes

Banking & Finance

Economy

International Affairs

Economy

7. India-EFTA TEPA to take effect on 1 October 2025

  • The India-EFTA Trade and Economic Partnership Agreement (TEPA) comes into force on 1 October 2025; it was signed on 10 March 2024.
  • EFTA has pledged USD 100 billion of investment in India over 15 years, expected to create about 1 million jobs.
  • EFTA offers 92.2% tariff lines covering 99.6% of India's exports; India offers 82.7% tariff lines covering 95.3% of EFTA exports.
  • India is EFTA's 5th-largest trading partner, with about USD 24.4 billion of two-way trade in 2024-25.
Full notes and 3 MCQs ›
International Relations

8. India-UN Capacity Building Initiative: First 4 Projects Begin

  • India launched the first four projects under the India-UN Global Capacity Building Initiative to help Global South countries meet SDGs.
  • The initiative was announced in September 2023 at the 78th UN General Assembly and is led by the Ministry of External Affairs.
  • Projects cover Nepal, Zambia, Lao PDR, five Caribbean nations and South Sudan, each with a UN agency partner.
  • Courses are delivered by Indian institutes under ITEC and are due to start in September 2025.
Full notes and 3 MCQs ›

Agriculture & Rural

Science & Technology

Environment & Ecology

Environment & Ecology

12. Silver-backed chevrotain rediscovered in Vietnam after 30 years

  • The silver-backed chevrotain has been rediscovered in southern Vietnam after about three decades without confirmed records.
  • Camera traps set up over several months in the Greater Annamites ecoregion captured hundreds of photos and repeated sightings.
  • Also known as the two-tone mouse deer, it is a small hoofed mammal roughly the size of a rabbit.
  • Snare-based hunting by people is described as the biggest threat to the species.
  • Villagers and forest rangers shared local ecological knowledge that helped researchers pinpoint likely habitat.
Full notes and 3 MCQs ›

Defence & Security

Test yourself

15 questions from the news of 3 & 4 August 2025, with answers and explanations.

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