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Daily G.K. - Top Stories

10 May 2025

DAILY G.K. TEST

Start Test

INTERNATIONAL AFFAIRS

Robert Prevost, the New Pope Leo XIV

  • Robert Francis Prevost was announced as the successor to Pope Francis after 133 cardinals voted in the Papal Conclave. He became the first American pope, taking the papal name Leo XIV. He is a moderate who was close to Pope Francis and spent years as a missionary in Peru.
  • The official announcement for the Catholic Church's 267th pontiff was made from the balcony of St Peter's Basilica.
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BUSINESS AND ECONOMY

World Bank Unveils $1 bn Support Plan to Boost Sri Lanka's Economy

  • The World Bank announced a package of USD one billion over three years to support job creation and develop private sector growth in Sri Lanka, a press release said.
  • The announcement came after a meeting between World Bank President Ajay Banga and President Anura Kumara Dissanayake here.
  • The initiative aims to expand economic opportunity, strengthen local industry and attract private capital to support long term growth.
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SCIENCE & TECHNOLOGY

India, Chile Sign Terms of Reference for Economic Agreement

  • India and Chile took a major step forward in strengthening their economic partnership by signing the Terms of Reference (ToR) for a Comprehensive Economic Partnership Agreement (CEPA).
  • This agreement marks a new chapter in trade relations between the two countries.
  • The ToR was signed by Juan Angulo, Ambassador of Chile to India, and Vimal Anand, Joint Secretary in the Department of Commerce, who is also the Chief Negotiator for India-Chile CEPA from the Indian side.
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SPORTS

ECB Bans Transgender Women from Women's Cricket Following Supreme Court Ruling

  • The England and Wales Cricket Board (ECB) announced that transgender women will no longer be allowed to compete in women's cricket across all levels. This decision aligns with a UK Supreme Court ruling that defines legal recognition of women based on biological sex. The ECB maintains its stance on inclusivity through mixed and open categories while implementing this change in response to legal and sporting developments.
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NATIONAL AFFAIRS

KIYG 2025: Urva Chaudhary Wins 10m Air Pistol Gold Medal

  • Uttar Pradesh's Urva Chaudhary claimed 10m air pistol gold as her second medal at the Khelo India Youth Games 2025 Bihar at the Dr. Karni Singh Shooting Range. She had teamed up Dev Pratap to win silver in the mixed team event a couple of days earlier.
  • She stayed ahead of the field in the final, scoring 237.7 points against 236.3 scored by Vidhi Sharma (Rajasthan). Haryana's Kanak, also a Khelo India Athlete, won bronze.
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DEFENCE

Arnala First Indigenous Anti-Submarine Warfare Shallow Water Craft Delivered to Navy

  • In a boost to India's maritime capabilities, 'Arnala', the first in a series of eight indigenously designed Anti-Submarine Warfare Shallow Water Crafts (ASW-SWCs), was delivered to the Indian Navy.
  • 'Arnala', the first of the eight ASW-SWCs (Anti-Submarine Warfare Shallow Water Craft), is indigenously designed and built by Garden Reach Shipbuilders and Engineers (GRSE), Kolkata.
  • The warship has been designed and constructed as per the Classification Rules of Indian Register of Shipping (IRS) under a Public-Private Partnership (PPP) of GRSE with MIs L&T Shipyard.
  • Arnala is named after the historic fort 'Arnala' located off Vasai, Maharashtra, a reflection of India's rich maritime heritage. The 77 m long warship, is the largest Indian Naval warship propelled by a Diesel Engine-Waterjet combination.
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DAYS AND EVENTS

World Lupus Day

  • World Lupus Day is celebrated every year on May 10.
  • World Lupus Day was first observed in 2004 by the World Lupus Federation (WLF) to spread awareness about the disease and educate people about lupus and to likewise rally support for those impacted by this illness.
  • The concept for World Lupus Day came from a group of lupus organisations from around the world who were united by the WLF to collaborate on a global campaign to bring issues to light about lupus.
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GOVERNMENT POLICIES AND SCHEMES

Centre Expands Credit Guarantee Scheme for Start-ups

  • The Centre notified an expansion of the Credit Guarantee Scheme for Start-ups (CGSS). The revised scheme significantly enhances guarantee coverage and reduces associated fees, in a bid to ease access to debt funding for early-stage and innovation-driven enterprises.
  • The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, announced that the ceiling on guarantee cover per borrower under the CGSS was raised from Rs. 10 crore to Rs. 20 crore. Simultaneously, the extent of guarantee coverage was revised to 85% of the amount in default for loan amounts up to Rs. 10 crore and 75% for amounts exceeding that limit.
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GENDER/ HEALTH/ EDUCATION

Illinois Tech To Become First US University to Set up Degree cAmpus in India

  • In a first for the country, Illinois Institute of Technology (Illinois Tech), Chicago's only tech-focused university, received the green light from India's University Grants Commission (UGC) to set up a full-fledged degree-granting campus in India. The Illinois Tech Mumbai campus is scheduled to open in 2026, offering undergraduate and postgraduate programmes in computer science, engineering, and business.
  • This move makes Illinois Tech the first US university to be approved for an independent degree-awarding presence in India under the UGC's latest foreign campus regulations. Courses will follow the same experiential and industry-aligned curriculum as in Chicago, with internationally recruited faculty and visiting professors from the US.
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LAW AND CONSTITUTIONAL AFFAIRS

Second National Lok Adalat of 2025 Held across 28 states and UTs

  • The second National Lok Adalat of 2025 was organised across 28 States and Union Territories (UTs) on May 10 under the aegis of the National Legal Services Authority (NALSA).
  • In some states and UTs where courts remain closed due to summer vacations, the Lok Adalat will be held on later dates. These include Assam, Kerala, Puducherry, Tamil Nadu and Telangana on June 14; Andaman and Nicobar Islands on June 21, Andhra Pradesh on July 5 and Gujarat & Karnataka on July 12.
  • The National Lok Adalat addressed a wide range of disputes at both pre-litigation and pending stages, including:
  • Criminal compoundable offenses, Traffic challans, Plea bargaining, Revenue cases, Bank recovery matters, Motor accident claims, Cheque dishonour cases, Labour disputes, Matrimonial disputes (excluding divorce cases), Land acquisition cases, Intellectual property rights (IPR) matters and Consumer matters and other civil cases.
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