Daily Current Affairs: 10 June 2025

Current affairs of 10 June 2025: Delhi E-Waste Eco Park at Holambi Kalan: Key Details; Modi’s Cyprus and Croatia Visits Ahead of G7 2025; SEZ Rule Changes for Semiconductor Manufacturing, and 18 more topics. Key facts for every exam, with a quiz.

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In this issue: 21 topics

National Affairs

SEZ Rule Changes for Semiconductor Manufacturing

Government Schemes

Weaver MUDRA Loans: Finance Ministry Asks PSBs to Speed Up

Banking & Finance

Misselling and Microfinance: RBI Deputy Governor’s Warning
RBI Ends Daily VRR Auctions as Liquidity Turns Surplus
RBI Tells Supreme Court It Met Duties in Subvention Scam
Microfinance Stress: RBI Deputy Governor on High Rates, Recovery
Jana Small Finance Bank Seeks Universal Bank Licence from RBI
SBI Stressed Loan Sale: Regen Powertech Exposure on Offer

Economy

India Poverty Decline: World Bank Lines and Data Gaps
MCLR Explained: Marginal Cost Lending Rate Basics
NIIF: National Investment and Infrastructure Fund Explained
India-EFTA TEPA to Take Effect by September 2025
FDI Inflows FY25: Maharashtra and Karnataka Lead States
NHAI Public InvIT Plan to Draw Retail Investors

International Affairs

Modi’s Cyprus and Croatia Visits Ahead of G7 2025

Agriculture & Rural

Kukas Farm Pond Model: Jaipur Water Conservation
2026 Named International Year of the Woman Farmer
India-US Trade Talks: Three Farm Import Buckets

Science & Technology

Bhashini and CRIS Sign MoU for Multilingual Railway Services

Environment & Ecology

Delhi E-Waste Eco Park at Holambi Kalan: Key Details

Awards & Persons

MS Dhoni Inducted into ICC Hall of Fame 2025

National Affairs

Economy

1. SEZ Rule Changes for Semiconductor Manufacturing

Minimum land for semiconductor and electronic component SEZs fell from 50 to 10 hectares (Rule 5).
Such SEZ units may now sell in the Domestic Tariff Area after paying duties (Rule 18).
New SEZs approved: Micron at Sanand, Gujarat and Aequs group's cluster at Dharwad, Karnataka.

Full notes and 3 MCQs ›

Government Schemes

Banking & Finance

2. Weaver MUDRA Loans: Finance Ministry Asks PSBs to Speed Up

Finance Ministry asked PSBs to speed up PMMY loans to eligible handloom weavers.
Margin money is 20% of the loan, up to ₹25,000 per weaver and ₹20 lakh per organisation.
150,000 weavers joined GeM; 23 e-commerce platforms partnered with the Textiles Ministry.

Full notes and 3 MCQs ›

Banking & Finance

3. Misselling and Microfinance: RBI Deputy Governor’s Warning

RBI Deputy Governor M. Rajeshwar Rao flagged misselling and microfinance problems at an HSBC event.
RBI is studying whether new rules are needed to curb misselling by banks and NBFCs.
Lenders were urged to fix credit appraisal and avoid coercive recovery.

Full notes and 3 MCQs ›

Economy

4. RBI Ends Daily VRR Auctions as Liquidity Turns Surplus

RBI discontinued daily Variable Rate Repo (VRR) auctions from June 11, 2025.
Liquidity swung from a ₹2.22 trillion deficit (January 15) to a ₹2.45 trillion surplus (June 8).
The CRR cut to 3% should add ₹2.5 trillion by end-November 2025.

Full notes and 3 MCQs ›

Polity & Governance

5. RBI Tells Supreme Court It Met Duties in Subvention Scam

Supreme Court ordered a CBI probe into the builder-bank nexus in subvention home loans.
Buyers got interim relief: no coercive recovery, no cheque bounce cases.
RBI says it did its regulatory duty but admits banks broke norms.

Full notes and 3 MCQs ›

Economy

6. Microfinance Stress: RBI Deputy Governor on High Rates, Recovery

RBI Deputy Governor M. Rajeshwar Rao spoke on microfinance stress on 5 June 2025.
He cited high rates, over-indebtedness and coercive recovery.
Delinquency has risen since the start of FY26.

Full notes and 3 MCQs ›

Banking & Finance

7. Jana Small Finance Bank Seeks Universal Bank Licence from RBI

Jana Small Finance Bank applied to RBI to convert into a universal bank.
RBI's on-tap licensing policy for private sector universal banks began in August 2016.
SFBs seeking conversion need net worth of ₹1,000 crore or more, scheduled status, a 5-year record and listing.

Full notes and 3 MCQs ›

Banking & Finance

8. SBI Stressed Loan Sale: Regen Powertech Exposure on Offer

SBI is selling its ₹1,556 crore stressed exposure to Regen Powertech via a Swiss Challenge.
SBI's gross NPA fell to 1.82% in FY25 from 2.24%.
FY25 recoveries were ₹17,213 crore.

Full notes and 3 MCQs ›

Economy

9. India Poverty Decline: World Bank Lines and Data Gaps

Under the $3 a day line, India's poverty fell from 27.1% in 2011-12 to 5.3% in 2023-24.
Under the $4.20 line, it fell from 57.7% to 23.9%.
The last official poverty estimate is nearly a decade old, despite two recent consumption surveys.

Full notes and 3 MCQs ›

Economy

10. MCLR Explained: Marginal Cost Lending Rate Basics

MCLR, the Marginal Cost of Funds-based Lending Rate, is the minimum rate a bank can charge, with limited exceptions.
RBI put MCLR into effect on 1 April 2016.
It is tenor-linked and rests on marginal funding cost, operating costs and the statutory liquidity ratio (SLR).

Full notes and 3 MCQs ›

Economy

11. NIIF: National Investment and Infrastructure Fund Explained

The Union Finance Minister chaired the 6th Governing Council meeting of NIIF.
NIIF was announced in Union Budget 2015-16 and registered as a Category II AIF in December 2015.
Government holds 49%; private investors such as ADIA, Temasek and CPPIB hold 51%.
NIIF has catalysed ₹1.17 lakh crore of infrastructure investment.

Full notes and 3 MCQs ›

Economy

12. India-EFTA TEPA to Take Effect by September 2025

India-EFTA TEPA to take effect by September 2025, said Piyush Goyal.
Signed March 10, 2024; all four EFTA parliaments have ratified it.
EFTA pledged $100 billion over 15 years, a first in an Indian trade pact.

Full notes and 3 MCQs ›

Economy

13. FDI Inflows FY25: Maharashtra and Karnataka Lead States

Maharashtra and Karnataka dominated India's FDI inflows in FY25.
Delhi's share of FDI inflows declined sharply that year.
FDI is regulated by DPIIT through the automatic and government approval routes.
FDI is a critical non-debt source of capital for development.

Full notes and 3 MCQs ›

Economy

14. NHAI Public InvIT Plan to Draw Retail Investors

NHAI is considering a public infrastructure investment trust (InvIT) to open highway monetisation to retail investors.
The idea fits an ambitious plan under the second National Monetisation Pipeline (NMP).
A public InvIT would broaden participation in the authority's asset monetisation efforts.

Full notes and 3 MCQs ›

International Affairs

International Relations

15. Modi’s Cyprus and Croatia Visits Ahead of G7 2025

PM Modi visits Cyprus and Croatia around the G-7 Summit in Canada (15-17 June 2025).
Cyprus visit signals displeasure with Turkiye over its Operation Sindoor stance.
Both countries could take part in IMEC.

Full notes and 3 MCQs ›

Agriculture & Rural

Agriculture & Rural Development

16. Kukas Farm Pond Model: Jaipur Water Conservation

Kukas village, Jaipur, has a farm pond model that can trap 10 crore litres of monsoon run-off.
Jaipur farming relies 99.4% on groundwater, drawn at 2.22 times the recharge rate.
Ponds are plastic-lined, fenced and use 5% of a farmer's land.

Full notes and 3 MCQs ›

Agriculture & Rural Development

17. 2026 Named International Year of the Woman Farmer

UNGA declared 2026 the International Year of the Woman Farmer, with 100+ co-sponsors.
Indian women are 80% of economically active farm workers but own little land.
ENACT in Nagaon, Assam, is run by WFP with Norwegian funding.

Full notes and 3 MCQs ›

Agriculture & Rural Development

18. India-US Trade Talks: Three Farm Import Buckets

India has sorted US farm imports into three buckets by economic and political sensitivity.
Rice and wheat are non-negotiable; very sensitive items like apples may get limited access via MIP or TRQs.
Almonds, pistachios, walnuts and blueberries sit in the liberal bucket with possible steep tariff cuts.

Full notes and 3 MCQs ›

Science & Technology

Government Schemes

19. Bhashini and CRIS Sign MoU for Multilingual Railway Services

DIBD (Bhashini) and CRIS signed an MoU for multilingual AI services across Indian Railways.
The aim is railway services in 22 Indian languages.
Platforms covered include NTES, RailMadad, chatbots, kiosks and mobile apps.

Full notes and 3 MCQs ›

Environment & Ecology

20. Delhi E-Waste Eco Park at Holambi Kalan: Key Details

Delhi plans India's first e-waste eco park at Holambi Kalan, North Delhi.
Capacity is 51,000 tonnes a year, covering all 106 categories under the E-Waste Management Rules, 2022.
The park will skill informal workers and bring them into the formal economy.

Full notes and 3 MCQs ›

Awards & Persons

21. MS Dhoni Inducted into ICC Hall of Fame 2025

Former India captain Mahendra Singh Dhoni was inducted into the ICC Hall of Fame for 2025.
Seven players were inducted in all, including two female cricketers.
Dhoni is the 11th Indian to enter the Hall of Fame.
The other male inductees are Matthew Hayden, Graeme Smith, Hashim Amla and Daniel Vettori.

Full notes and 3 MCQs ›

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Daily Current Affairs: 10 June 2025

In this issue: 21 topics

National Affairs

1. SEZ Rule Changes for Semiconductor Manufacturing

Government Schemes

2. Weaver MUDRA Loans: Finance Ministry Asks PSBs to Speed Up

Banking & Finance

3. Misselling and Microfinance: RBI Deputy Governor’s Warning

4. RBI Ends Daily VRR Auctions as Liquidity Turns Surplus

5. RBI Tells Supreme Court It Met Duties in Subvention Scam

6. Microfinance Stress: RBI Deputy Governor on High Rates, Recovery

7. Jana Small Finance Bank Seeks Universal Bank Licence from RBI

8. SBI Stressed Loan Sale: Regen Powertech Exposure on Offer

Economy

9. India Poverty Decline: World Bank Lines and Data Gaps

10. MCLR Explained: Marginal Cost Lending Rate Basics

11. NIIF: National Investment and Infrastructure Fund Explained

12. India-EFTA TEPA to Take Effect by September 2025

13. FDI Inflows FY25: Maharashtra and Karnataka Lead States

14. NHAI Public InvIT Plan to Draw Retail Investors

International Affairs

15. Modi’s Cyprus and Croatia Visits Ahead of G7 2025

Agriculture & Rural

16. Kukas Farm Pond Model: Jaipur Water Conservation

17. 2026 Named International Year of the Woman Farmer

18. India-US Trade Talks: Three Farm Import Buckets

Science & Technology

19. Bhashini and CRIS Sign MoU for Multilingual Railway Services

Environment & Ecology

20. Delhi E-Waste Eco Park at Holambi Kalan: Key Details

Awards & Persons

21. MS Dhoni Inducted into ICC Hall of Fame 2025

Test yourself