Daily Current Affairs 7 November 2025 for Banking Exams

A new day brings fresh updates essential for banking aspirants. Staying informed about daily news helps candidates stay ahead on key developments in the economy, finance, banking reforms, RBI updates, and business affairs. These concise summaries highlight the most important topics,  from monetary policy decisions, bank mergers, and government schemes to economic indicators and global financial summits.

This daily update builds a strong foundation in financial awareness, crucial for success in IBPS PO, SBI Clerk, RBI Grade B, and other banking and insurance exams.

Daily Current Affairs 7 November 2025

Stay updated with the most important national and international news of the day. These daily highlights cover crucial topics in the economy, banking, politics, science, and sports, all curated for exam preparation.

1. Who announced India's target to achieve 300 million tonnes of steel capacity by 2030?
A) Amitabh Kant
B) Sandeep Poundrik
C) R.K. Singh
D) Piyush Goyal

2. What does ADIPEC stand for?
A) Abu Dhabi International Petroleum Exhibition and Conference
B) Asian Development and Industrial Petroleum Energy Conference
C) Arab Development and Innovation Petroleum Exhibition Council
D) Abu Dhabi Industrial Power and Energy Congress

3. Who led the Indian business delegation to the India–Romania Business Forum 2025?
A) Piyush Goyal
B) S. Jaishankar
C) Jitin Prasada
D) Rajeev Chandrasekhar

4. Where was the India–Romania Business Forum 2025 held?
A) Bucharest
B) Brașov
C) Cluj-Napoca
D) Sofia

5. Which bank was fined by the RBI in October 2025?
A) Pune District Co-operative Bank Ltd.
B) Latur District Central Co-operative Bank Ltd.
C) Nashik District Central Co-operative Bank Ltd.
D) Solapur District Central Co-operative Bank Ltd.

6. Penalty imposed on Parbhani District Central Co-operative Bank Ltd.?
A) 8 lakh
B) 1 lakh
C) 1.5 lakh
D) 5 lakh

7. Parent organisation behind the Amul brand?
A) National Dairy Development Board
B) Gujarat Cooperative Milk Marketing Federation (GCMMF)
C) Mother Dairy Ltd.
D) IFFCO

8. Organisation publishing QS Asia University Rankings?
A) Times Higher Education
B) QS Quacquarelli Symonds
C) NIRF India
D) UNESCO

9. The 4th round of India–New Zealand FTA negotiations took place in:
A) Wellington
B) New Delhi
C) Auckland
D) Sydney

Current Affairs Updates 

Get the latest updates from India and around the world, covering government schemes, financial policies, defence developments, and global events. These news highlights are designed to boost your general awareness and help you stay exam-ready every day.

National and International Events

• 17th India–Israel Joint Working Group Meeting on Defence Cooperation held in Tel Aviv; MoU signed for AI, cybersecurity, and R&D collaboration.
  
  

• The International Election Visitors Programme 2025 was launched in New Delhi by the Election Commission of India to promote transparent election management.
  
  

• Startup Accelerator WaveX opens invitations for AVGC-XR startups at IFFI Goa 2025 (Nov 20–24).
  
  

Government Initiatives

• PM Modi inaugurates the 150 Years of ‘Vande Mataram’ celebrations (Nov 2025–Nov 2026).
  
  

• National Conference on Strengthening Legal Aid Delivery Mechanisms, organised by NALSA, with a focus on community-based mediation.
  
  

• India targets 5% Sustainable Aviation Fuel blending by 2030, aiming to become a global green energy leader.
  
  

Science, Technology & Environment

• INS Ikshak, a Survey Vessel-Class Ship, was commissioned at Kochi Naval Base.
  
  

• Khangchendzonga National Park is rated ‘Good’ by IUCN — the only Indian site with a positive 2025 rating.
  
  

• Rahul Dravid appointed brand ambassador for Paradeep Phosphates, promoting sustainable farming.
  
  

Static GK Booster Facts

The Static GK Booster Facts section helps you strengthen foundational knowledge frequently tested in UPSC, SSC, and banking exams. It covers essential details about organisations, indices, and global events linked to current affairs.

Sports and Cultural Highlights

• Sansad Khel Mahotsav & Namo Run Marathon announced by MoS Harsh Malhotra; to be held on 16th November 2025, New Delhi; over 30,000 participants expected.
  
  

• The event includes both Olympic-registered and traditional Indian sports in three phases.
  
  

• Khelo India Youth Games 2025 was successfully hosted in Bihar, with a ₹1000 crore allocation for 2025–26.