Your daily dose of Latest Current GK and Current Affairs 2025 is here. In the highly competitive world of exams like IBPS PO, SBI Clerk, UPSC, and SSC CGL, staying ahead with the most important news is not an option, it’s a necessity. Today’s update features crucial news across National, International, Sports, and Economic domains, with a special focus on India’s historic win and key financial developments. Master these updates, and test your knowledge with the Current GK Quiz at the end!
🇮🇳 National and Governance News
1. UIDAI Launches ‘Aadhaar Vision 2032’ for Future Digital ID
The Unique Identification Authority of India (UIDAI) has unveiled ‘Aadhaar Vision 2032’, a forward-looking roadmap to enhance the Aadhaar digital identity platform.
- Objective: To make Aadhaar more secure, intelligent, and globally competitive.
- Key Integration: The plan involves leveraging emerging technologies such as Artificial Intelligence (AI), Blockchain, Quantum Computing, and advanced encryption.
- Alignment: This initiative is fully aligned with the provisions of the Digital Personal Data Protection (DPDP) Act.
2. PM Modi Inaugurates ₹1 Lakh-Crore RDI Fund at ESTIC 2025
Prime Minister Narendra Modi inaugurated the Emerging Science & Technology Innovation Conclave (ESTIC) 2025 in New Delhi and announced the creation of a major fund.
- Fund: A ₹1 lakh-crore Research, Development and Innovation (RDI) Fund has been unveiled.
- Significance: This substantial allocation aims to catalyze research and innovation across critical sectors, promoting self-reliance and technological leadership in India.
3. India has emerged as the largest producer of rice in the world,
- India has become the largest producer of rice in the world, surpassing China, with an estimated total production of over 149 million MT during the 2024-25 season.
💰 Banking and Economic Updates
1. SBI Joins India Bullion Exchange as Special Category Client
The State Bank of India (SBI) has taken a significant step in the financial sector by joining the India International Bullion Exchange (IIBX) as a Special Category Client.
- Context: This move is aimed at modernizing India’s gold import ecosystem.
- Benefit: It offers MSME jewellers in the country easier access to gold, lower costs, and regulated trading.
- Impact: It strengthens India’s bullion market and enhances GIFT City’s role as a global bullion hub.
2. RBI Data Shows Indian Household Debt Growing Faster than Assets
Recent data from the Reserve Bank of India (RBI) has highlighted a concerning trend in Indian household finance.
| Key Financial Metric | FY 2024-25 vs FY 2019-20 Change |
|---|---|
| Annual Financial Liabilities (Debt) | Increased by 102% |
| Annual Financial Asset Creation (Savings) | Increased by only 48% |
- Key Finding: Indian households’ liabilities are increasing significantly faster than their assets.
- Implication: This indicates a reduced household net savings rate, which could potentially limit future domestic investment and make households more vulnerable to economic shocks.
🌐 International and Defence News
1. Russia Launches ‘Khabarovsk’ Submarine, Carrier for Poseidon Drone
In a major strategic development, Russia has launched the nuclear-powered submarine ‘Khabarovsk’ from the Sevmash shipyard.
- Purpose: The submarine is designed to serve as a carrier for the Poseidon nuclear-powered underwater drone.
- Poseidon Drone: It is claimed by Russia to be a nuclear-powered, high-speed, deep-diving, and intercontinental drone, often dubbed a ‘doomsday weapon’.
- Global Impact: This launch raises significant strategic, arms-control, and environmental concerns globally.
2. Tri-Services Exercise ‘Trishul 2025’
The Indian Navy-led tri-services exercise ‘Trishul 2025’ is set to commence, involving the Army, Air Force, and maritime elements. The drill will be conducted across the Sir Creek and desert sectors of Gujarat and Rajasthan, extending into the northern Arabian Sea. Its aim is to enhance joint operational procedures and interoperability among the three services.
⚽ Sports and Awards
1. India Clinches Maiden ICC Women’s ODI World Cup Title 2025
The Indian Women’s Cricket Team achieved a historic milestone by winning their first-ever ICC Women’s ODI World Cup title.
- Final Result: India defeated South Africa in the final, played in Navi Mumbai.
- Player of the Match: The award went to Shafali Verma for her brilliant performance.
- Record: Shafali Verma also became the youngest player (male or female) to score a half-century in an ODI World Cup final.
2. International Booker Prize 2025
The International Booker Prize 2025 was won by Banu Mushtaq (Author) and Deepa Bhasthi (Translator) for the short story collection ‘Heart Lamp’.
- This is the first collection of short stories to win the International Booker Prize.
- It is the first-ever work translated from Kannada to win the prestigious award.
- Deepa Bhasthi is the first Indian translator to win the prize.
Current Affairs 2025 November 03 FAQs
Q1. What is the main goal of UIDAI’s Aadhaar Vision 2032?
Answer: The main goal is to make the Aadhaar platform more secure, intelligent, and globally competitive by integrating advanced technologies like AI, Blockchain, and Quantum Computing.
Q2. Why is SBI joining the India Bullion Exchange (IIBX) a significant move?
Answer: SBI joining the IIBX as a Special Category Client is significant as it formalizes banking channels in the gold trade, providing MSME jewellers with easier access to gold at lower costs, thus strengthening India’s bullion market.
Q3. What is the ‘Khabarovsk’ submarine launched by Russia designed to carry?
Answer: The nuclear-powered ‘Khabarovsk’ submarine is designed to carry the Poseidon nuclear-powered underwater drone, which is a strategic weapon.
Q4. What did the RBI data reveal about the debt and assets of Indian households?
Answer: The RBI data revealed that Indian households’ annual financial liabilities (debt) are increasing significantly faster (102% rise) than their annual financial assets (48% rise) since FY 2019-20, indicating a rising consumer leverage.
Q5. Which player set a new record in the ICC Women’s ODI World Cup 2025 final?
Answer: Shafali Verma set a record by becoming the youngest player (male or female) to score a half-century in an ODI World Cup final.
Current Affairs 2025 GK Quiz – November 03
Ques 1. Which institution launched ‘Aadhaar Vision 2032’?
A) RBI
B) SEBI
C) UIDAI
D) NPCI
Answer 1. C
Explanation: The Unique Identification Authority of India (UIDAI) launched the roadmap to integrate technologies like AI and Blockchain into the Aadhaar platform.
Ques 2. The ₹1 lakh-crore Research, Development and Innovation (RDI) Fund was announced at which event?
A) India Maritime Week 2025
B) Indo-Pacific Regional Dialogue 2025
C) Emerging Science & Technology Innovation Conclave (ESTIC) 2025
D) TiEcon Delhi-NCR 2025 Conference
Answer 2. C
Explanation: Prime Minister Narendra Modi inaugurated the ESTIC 2025 and announced the ₹1 lakh-crore RDI Fund to boost research and innovation.
Ques 3. Which bank recently joined the India International Bullion Exchange (IIBX) as a Special Category Client?
A) HDFC Bank
B) Punjab National Bank (PNB)
C) State Bank of India (SBI)
D) Axis Bank
Answer 3. C
Explanation: The State Bank of India (SBI) joined the IIBX, a significant step to formalize and strengthen the Indian bullion market.
Ques 4. The new Russian submarine ‘Khabarovsk’ is a carrier for which strategic weapon?
A) Kalibr Cruise Missile
B) Poseidon Nuclear Drone
C) Kinzhal Hypersonic Missile
D) Bulava ICBM
Answer 4. B
Explanation: The ‘Khabarovsk’ is a nuclear-powered submarine designed to carry the Poseidon nuclear-powered underwater drone.
Ques 5. Who was named the Player of the Match in the ICC Women’s ODI World Cup 2025 final?
A) Harmanpreet Kaur
B) Smriti Mandhana
C) Shafali Verma
D) Mithali Raj
Answer 5. C
Explanation: Shafali Verma was named Player of the Match for her half-century, a record-breaking performance in the final.
Today’s current affairs highlight India’s commitment to technological advancement (Aadhaar Vision 2032, RDI Fund) and financial modernization (SBI-IIBX). Simultaneously, our women’s cricket team has brought immense glory, proving that hard work, perseverance, and dedication are the keys to a historic victory.
Your success journey is no different. Stay consistent, revise daily, and treat every current affairs update as a step closer to your goal of securing an IBPS, SBI, or UPSC position. Share this guide with a fellow aspirant and ensure you both stay motivated! Believe in your preparation. Conquer your Tomorrow!