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Daily Current Affairs: 2 & 3 October 2025

Current affairs of 2 & 3 October 2025: Beti Bachao, Beti Padhao: Ten Years of the BBBP Scheme; SARAL Tool by ANRF Turns Research Papers into Simple Summaries; RBI MPC October 2025: Repo Rate Held at 5.5%, GDP Raised to 6.8%, and 12 more topics. Key facts for every exam, with a quiz.

Take the quiz (15 questions)October 2025

In this issue: 15 topics

National Affairs

Dharambir Nain Wins Club Throw F51 Silver at Para Worlds

Government Schemes

Beti Bachao, Beti Padhao: Ten Years of the BBBP Scheme

Banking & Finance

RBI MPC October 2025: Repo Rate Held at 5.5%, GDP Raised to 6.8%
RBI MPC October 2025: Repo Rate Held at 5.50%
RBI Scraps 2016 Cap on Banking-System Exposure to Big Borrowers
RBI Plans Lower Risk Weights for NBFC Infrastructure Loans
Urban Cooperative Banks: RBI Plans Paper on New Licences
RBI Bank Lending Reforms: M&A Finance and Looser Caps Explained
Nuvama Wealth Wins SEBI Nod to Sponsor a Mutual Fund
Finfluencers: SEBI Curbs and Investor Trust Gap

International Affairs

Luxembourg: Grand Duke Henri Abdicates, Guillaume V Takes Over
Sarah Mullally Named First Female Archbishop of Canterbury

Agriculture & Rural

National Pulses Mission 2025–31: Targets and Support
Crop Insurance Premiums Down 34% in FY26: PMFBY Models

Science & Technology

SARAL Tool by ANRF Turns Research Papers into Simple Summaries

National Affairs

1. Dharambir Nain Wins Club Throw F51 Silver at Para Worlds

Dharambir Nain won silver in the F51 club throw at the 2025 World Para Athletics Championships.
The medal came on day five, amid heavy retreating-monsoon rain in the host city.
Atul was also named in the headline as adding to the medal tally.

Full notes and 3 MCQs ›

Government Schemes

Government Schemes

2. Beti Bachao, Beti Padhao: Ten Years of the BBBP Scheme

BBBP was launched on 22 January 2015 at Panipat, Haryana.
Sex ratio at birth improved from 919 (2015–16) to 929 (2019–21).
20 of 30 States/UTs now exceed the national average.

Full notes and 3 MCQs ›

Banking & Finance

3. RBI MPC October 2025: Repo Rate Held at 5.5%, GDP Raised to 6.8%

The MPC held the repo rate at 5.50% with a neutral stance, its second consecutive pause after 100 bps of cuts in 2025.
FY26 GDP growth forecast was raised to 6.8% from 6.5%; CPI inflation projection cut to 2.6% from 3.1%.
ECL provisioning and revised Basel III norms are to apply from April 1, 2027.
Loan limits against shares rose to ₹1 crore and IPO financing to ₹25 lakh per person.

Full notes and 3 MCQs ›

4. RBI MPC October 2025: Repo Rate Held at 5.50%

The 57th MPC kept repo at 5.50% with a neutral stance, its second straight pause.
FY26 GDP forecast rose to 6.8%; CPI forecast fell to 2.6%.
ECL provisioning and revised Basel III norms start April 1, 2027.

Full notes and 3 MCQs ›

5. RBI Scraps 2016 Cap on Banking-System Exposure to Big Borrowers

RBI withdrew its 2016 circular on system-wide credit caps for a single large corporate or group.
Per-bank limits stay: 20% of Tier-1 capital for one borrower, 25% for a group.
Reason: corporates' share in bank exposure fell about 10%.

Full notes and 3 MCQs ›

Banking & Finance

6. RBI Plans Lower Risk Weights for NBFC Infrastructure Loans

RBI proposed lower risk weights on NBFC loans to operational, high-quality infrastructure projects.
The framework will be principle-based; draft rules will go to public consultation.
Supervision must prevent underestimated risk and over-leveraging.

Full notes and 3 MCQs ›

Banking & Finance

7. Urban Cooperative Banks: RBI Plans Paper on New Licences

RBI will issue a discussion paper on licensing new Urban Cooperative Banks, a policy shift after nearly 20 years.
UCB licences were frozen in 2004; the count fell from 1,926 to 1,472 by March 2024.
UCBs fall under the Banking Regulation Act, 1949 and cooperative society laws.

Full notes and 3 MCQs ›

8. RBI Bank Lending Reforms: M&A Finance and Looser Caps Explained

RBI rolled out its broadest bank-lending reforms to reverse disintermediation and deepen capital markets.
Banks may finance mergers and acquisitions; the 2016 lending cap framework is withdrawn and ceilings on lending against debt securities removed.
Infrastructure loans get lower risk weights, and RBI is moving towards macroprudential regulation.

Full notes and 3 MCQs ›

Banking & Finance

9. Nuvama Wealth Wins SEBI Nod to Sponsor a Mutual Fund

SEBI cleared Nuvama Wealth Management, earlier an Edelweiss Securities arm, to sponsor a mutual fund.
A sponsor needs a five-year track record under SEBI (Mutual Funds) Regulations, 1996.
It must hold at least 40% of the AMC's net worth.

Full notes and 3 MCQs ›

Banking & Finance

10. Finfluencers: SEBI Curbs and Investor Trust Gap

Finfluencers are social media creators advising on stocks, funds, crypto, insurance and personal finance.
A SEBI-Kantar study shows investors still trust them despite SEBI's crackdown.
Only SEBI-registered IAs and RAs may legally give advice.

Full notes and 3 MCQs ›

International Affairs

International Relations

11. Luxembourg: Grand Duke Henri Abdicates, Guillaume V Takes Over

Henri of Luxembourg abdicated on 3 October 2025, ending a 25-year reign that began on 7 October 2000.
His son Guillaume becomes Grand Duke of Luxembourg as Guillaume V.
Henri announced the planned abdication date in his Christmas message on 24 December 2024.
Guillaume had been appointed regent in October 2024, a customary signal of a coming abdication.

Full notes and 3 MCQs ›

International Relations

12. Sarah Mullally Named First Female Archbishop of Canterbury

Dame Sarah Mullally was named Archbishop of Canterbury on 3 October 2025.
She is the first woman ever to hold the office.
She succeeds Justin Welby as Archbishop of Canterbury.
She has been Bishop of London since 2018 and was England's Chief Nursing Officer from 1999 to 2004.

Full notes and 3 MCQs ›

Agriculture & Rural

Government Schemes

13. National Pulses Mission 2025–31: Targets and Support

Cabinet cleared the ₹11,440 crore National Pulses Mission for 2025–26 to 2030–31.
Output target: 350 lakh tonnes by 2030–31, up from 242 lakh tonnes in 2024–25.
Tur, Urad and Masoor will be fully bought at MSP for four years.

Full notes and 3 MCQs ›

Banking & Finance

14. Crop Insurance Premiums Down 34% in FY26: PMFBY Models

Crop insurance premiums fell about 34% in FY26 on reforms, aggressive pricing and state re-tendering.
Agriculture Insurance Company of India collected ₹2,539 crore, down 4% year on year.
Farmer share under PMFBY: 2% kharif, 1.5% rabi, 5% commercial or horticultural crops.

Full notes and 3 MCQs ›

Science & Technology

Government Schemes

15. SARAL Tool by ANRF Turns Research Papers into Simple Summaries

SARAL is an AI-powered platform from ANRF for simplifying research papers.
It can create videos, podcasts, posters and presentations.
It links to the upcoming AI Science & Engineering Open India Stack.

Full notes and 3 MCQs ›

Test yourself

15 questions from the news of 2 & 3 October 2025, with answers and explanations.