Daily Current Affairs Quiz 17 December, Attempt Important GK Questions

Start your daily preparation with the Current Affairs Quiz for 17 December 2025. Covering important updates from national, international, banking, and economic news, this quiz is designed for banking and government exam aspirants. Regular practice is strengthens knowledge and improves speed & accuracy in recalling important events during exams.

Daily Current Affairs Quiz 17 December

Q1. Expenditure incurred by non-resident banks for their Indian branch operations is governed under which provision of the Income Tax Act, 1961?
(a) Section 40A
(b) Section 43B
(c) Section 44C
(d) Section 92
(e) Section 115JB

Answer: (c) Section 44C

Explanation: The Supreme Court ruled that head office expenses incurred outside India, but related to Indian branch operations, are deductible under Section 44C. The deduction is capped at 5% of the adjusted total income of the Indian operations to prevent excessive profit shifting.

Q2. Who was appointed as Managing Director of State Bank of India in December 2025?
(a) Ashwini Tewari
(b) Alok Kumar Choudhary
(c) Ravi Ranjan
(d) Swaminathan Janakiraman
(e) Rajnish Kumar

Answer: (c) Ravi Ranjan

Explanation: Ravi Ranjan was appointed as SBI MD effective 15 December 2025 by the Department of Financial Services. He was previously DMD at SBI and will serve until 30 September 2028 or until further orders.

Q3. Which organisation launched India’s first AI-driven community screening programme for Diabetic Retinopathy?
(a) Indian Council of Medical Research
(b) National Health Authority
(c) Armed Forces Medical Services
(d) All India Institute of Medical Sciences
(e) National Digital Health Mission

Answer: (c) Armed Forces Medical Services

Explanation: AFMS, in collaboration with AIIMS and the Ministry of Health & Family Welfare, launched MadhuNetrAI, an AI-based platform for early DR detection. Pilot screening is being conducted at seven locations across India.

Q4. Regarding the NPS (Exits and Withdrawals) Amendment Regulations 2025, which statements are correct?

Non-government NPS subscribers can withdraw up to 80% of corpus as lump sum.

Mandatory annuity requirement increased.

Subscribers with corpus up to ₹8 lakh can withdraw full amount without annuity.

Regulations apply only to government NPS subscribers.

(a) 1 and 3 only
(b) 1, 2 and 3 only
(c) 2 and 4 only
(d) 1 and 4 only
(e) All statements are correct

Answer: (a) 1 and 3 only

Explanation: Non-government NPS subscribers may withdraw up to 80% of their corpus. Those with corpus ≤ ₹8 lakh can withdraw the full amount without annuity. The mandatory annuity requirement was reduced, and the regulations apply to both government and non-government subscribers.

Q5. Which award was conferred on PM Narendra Modi during his first bilateral visit to Ethiopia?
(a) Order of the Blue Nile
(b) Grand Cross of Ethiopia
(c) Order of African Unity
(d) Ethiopian Star of Merit
(e) Great Honor Nishan of Ethiopia

Answer: (e) Great Honor Nishan of Ethiopia

Explanation: PM Modi received Ethiopia’s highest civilian honour, the Great Honor Nishan, on 16–17 December 2025 for strengthening bilateral ties and demonstrating visionary global leadership.

Benefits of Practicing Daily Current Affairs Quiz

Keeping up with current affairs is crucial for banking and government exam aspirants. A daily quiz not only helps you stay informed but also enhances your exam readiness by improving retention, speed, and accuracy.

• Stay Updated: Helps you track the latest national, international, banking, and economic news.
• Improves Retention: Regular practice strengthens memory and recall of important facts during exams.
• Enhances Speed & Accuracy: Frequent quizzes train you to answer questions quickly and correctly under exam conditions.
• Exam-Oriented Preparation: Focuses on news and updates that are highly relevant for banking and government exams.
• Builds Confidence: Daily practice boosts your confidence and reduces last-minute exam stress.