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Daily G.K. - Top Stories

27 May 2025

DAILY G.K. TEST

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INTERNATIONAL AFFAIRS

ASEAN opens summit with Gulf nations, China amid U.S. tariffs threat

  • A regional association of Southeast Asian nations (ASEAN) is set to hold a three-day summit Tuesday with China and six Gulf countries in what officials called an effort to bolster economic resilience as they grapple with global volatility and US tariffs. 
  • Malaysian Prime Minister Anwar Ibrahim, opening a summit in Malaysia's capital Kuala Lumpur among the 10-member Association of Southeast Asian Nations and the Gulf Cooperation Council, said a stronger ASEAN-GCC relationship would be key to enhancing interregional collaboration, building resilience and securing sustainable prosperity.
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BUSINESS AND ECONOMY

RBI Transfers Record Rs. 2.69 Lakh Crore Surplus to Centre for FY25

  • In a landmark fiscal development, the Reserve Bank of India (RBI) has approved a record surplus transfer of Rs. 2.69 lakh crore to the Central Government for the financial year 2024-25. The decision, taken during the 616th meeting of the Central Board of Directors chaired by RBI Governor Sanjay Malhotra, reflects strong financial performance and macroeconomic stability. 
  • The transfer follows a hike in the Contingent Risk Buffer (CRB) to 7.5%, under the revised Economic Capital Framework (ECF).

Saudi Arabia and Kuwait Discover Oil in Neutral Zone After 5 Years

  • In a major development that could bolster global energy supply and Gulf cooperation, Saudi Arabia and Kuwait have announced a significant oil discovery in the neutral zone, specifically in the North Wafra Wara-Burgan field. 
  • This marks the first such discovery since the resumption of production in 2020, with the new well yielding over 500 barrels of crude oil per day. 
  • The find is expected to enhance both countries' status as reliable energy exporters and showcase their continued leadership in exploration and production efforts.

LIC Creates History with Guinness World Record in Insurance Sales

  • In a historic achievement, the Life Insurance Corporation of India (LIC), India's largest public sector life insurer, has been awarded a Guinness World Record for selling the highest number of life insurance policies in a single day. 
  • On January 20, 2025, LIC sold a staggering 588,107 life insurance policies across the country through its massive agent network, setting a global benchmark in life insurance sales within a 24-hour period.
  • The LIC's record-setting sales feat was recently acknowledged by the Guinness World Records on May 25, 2025. 
  • This recognition marks a milestone moment for India's insurance sector and reaffirms LIC's dominant presence and deep penetration in the Indian financial landscape.
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SCIENCE & TECHNOLOGY

China's Tianwen-2 Mission Targets Quasi-Satellite Kamo'oalewa

  • China is set to launch its ambitious Tianwen-2 mission to collect samples from a mysterious near-Earth quasi-satellite asteroid, 469219 Kamo'oalewa.
  • This mission, if successful, will mark China's entry into an elite group of nations capable of bringing asteroid material back to Earth, a feat previously achieved only by the United States and Japan.
  • Scientists believe the mission could shed light on the origins of quasi-satellites and even the Moon itself.
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SPORTS

Tejaswini wins gold in women's 25m pistol event at the ISSF Junior World Cup

  • India's Tejaswini secured a gold medal in the women's 25m pistol event at the ISSF Junior World Cup, enabling India to surpass China and claim the top position in the standings. 
  • The 20-year-old from Haryana clinched her first individual World Cup medal with a final score of 31. 
  • This remarkable victory not only marked a personal milestone for her but also contributed to India's tally—becoming the country's 11th medal of the campaign and third gold, alongside four silver and four bronze medals.

India to Host Khelo India Northeast Games Annually: A Boost for Regional Sports

  • In a significant announcement for regional sports development, Union Sports Minister Dr. Mansukh Mandaviya declared that the Khelo India Northeast Games will be hosted annually, rotating among the eight northeastern states of India. 
  • The initiative aims to harness the region's immense sporting talent and promote traditional games, further integrating the Northeast into the national sports landscape.
  • He emphasised the government's commitment to transforming the region into a vibrant sports hub, aligning with national aspirations like hosting the 2030 Commonwealth Games and 2036 Summer Olympics.

Kush Maini Creates History with First Indian Win in Formula 2

  • In a landmark achievement for Indian motorsport, Kush Maini became the first Indian driver to win a Formula 2 race, securing victory at the Monaco Grand Prix Sprint Race on May 24, 2025. Driving for Dams Lucas Oil, Maini delivered a flawless performance, maintaining his lead through the entire 30-lap race on Monaco's notoriously tight street circuit.
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NATIONAL AFFAIRS

Rail Connectivity Boost: New Agartala-Guwahati Train Approved by Railway Ministry

  • In a significant boost to rail connectivity in Northeast India, the Ministry of Railways has approved the launch of a new train service between Agartala (Tripura) and Guwahati (Assam). 
  • The announcement was made public by Tripura West MP Biplab Kumar Deb on May 24, 2025. 
  • The decision marks another step toward enhancing accessibility and infrastructure development in the Northeast region, aligning with the government's continued push for regional integration.

National Writeshop in Delhi Launches Panchayat Advancement Index (PAI) 2.0

  • In a significant step toward promoting data-driven rural development, the Ministry of Panchayati Raj has launched Panchayat Advancement Index (PAI) 2.0 during a two-day National Writeshop held on 26–27 May 2025 at the Dr. Ambedkar International Centre, New Delhi. 
  • The initiative aims to empower Gram Panchayats with tools for better planning, monitoring, and governance aligned with Localized Sustainable Development Goals (LSDGs).

Gujarat Achieves 100% Rail Electrification: A Step Towards Green Mobility

  • Gujarat has marked a significant achievement in India's green transportation mission by becoming the 24th State/Union Territory to attain 100% railway electrification. 
  • Prime Minister Narendra Modi made the announcement during the inauguration of the Dahod Electric Locomotive Factory, a major industrial and eco-conscious initiative. 
  • This milestone is a testament to India's ongoing efforts to modernise its rail network and transition to a sustainable, energy-efficient transportation infrastructure.
  • The announcement coincided with the inauguration of the Dahod Electric Locomotive Factory, which will produce India's first 9000 HP electric freight locomotives, in partnership with Siemens.
  • The milestone comes amid India's broader goal of achieving net-zero carbon emissions in the railways by 2030.
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DEFENCE

DRDO chief Samir V Kamat gets second one-year extension

  • The Central government on 26th May extended the tenure of Defence Research and Development Organisation (DRDO) chief Samir V Kamat by one more year, till May 2026.
  • This is his second extension in the post.
  • A distinguished scientist, Kamat was appointed as secretary of the Department of Defence Research and Development (DDR&D) and the DRDO chairman on August 25, 2022.
  • He was given one-year extension on May 27 last year, which was to end this month.
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PERSONS IN NEWS

Nepalese Sherpa guide Kami Rita scales Mount Everest for 31st time breaking own record

  • Famed Nepalese Sherpa guide Kami Rita on Tuesday (May 27, 2025) scaled Mount Everest for the 31st time, breaking his own record for the most successful ascents of the world's highest mountain.
  • The 55-year-old climber leading stood atop the 8,849-meter summit at around 4 a.m. under stable weather conditions, according to Mingma Sherpa, chairman of Seven Summit Treks, the expedition organiser.
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GENDER/ HEALTH/ EDUCATION

University of Liverpool to open campus in Bengaluru; admission from next year

  • Union Education Minister Dharmendra Pradhan presided over the Letter of Intent (LoI) handover ceremony to the University of Liverpool on May 26, 2025 in New Delhi.
  • This is the second foreign university to be issued an LoI under the UGC (Setting up and operation of campuses of foreign higher educational institutions in India) Regulations, 2023.
  • The inaugural cohort of undergraduate and postgraduate students will join the university in August 2026, initially offering programmes in business management, accounting and finance, computer science, and biomedical sciences.

SRM Institute of Science and Technology signs MoU with Officers Training Academy

  • To provide specialised training to officer cadets with a diploma programme in Information and Technology and Cyber Security, SRM Institute of Science and Technology (SRMIST) has signed a Memorandum of Understanding (MoU) with the Officers Training Academy (OTA). The MoU was signed with OTA, Chennai, as a mark of academic and strategic collaboration. 
  • The collaboration is designed to empower cadets with cutting-edge knowledge in electronic and AI-enabled information warfare, aligning with the evolving landscape of modern defense operations," according to a press release.

PM Modi Hails CBSE'S initiative of installing 'Sugar Boards' in schools

  • Prime Minister Narendra Modi on Sunday lauded the recent CBSE directive mandating schools affiliated with the board across the country to install 'Sugar Boards' to educate students about the risks of excessive sugar consumption.
  • "You must have seen blackboards in schools, but now sugar boards are also being installed—not blackboards, but sugar boards," the Prime Minister said during the 122nd episode of his monthly 'Mann Ki Baat' address to the nation.
  • The initiative by the Central Board of Secondary Education (CBSE), PM Modi said, is aimed at making children aware of their sugar intake and helping them choose healthier options.
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ART AND CULTURE

Madhubani, Gond artists showcase traditional art forms at Rashtrapati Bhavan

  • A group of artists called on the President of India, Smt. Droupadi Murmu today (May 26, 2025) as part of the Artists in Residence programme in Rashtrapati Bhavan. The traditional art forms of India are being showcased in Artists in Residence programme - Kala Utsav in their original forms. 
  • This Kala Utsav has also provided a platform to the folk, tribal and traditional artists of India at Rashtrapati Bhavan who have continued the varied forms of art since generations.
  • The artists of Gond art of Madhya Pradesh and Madhubani art of Bihar are staying at Rashtrapati Bhavan from May 20 to 27, 2025 under the Artists-in-Residence programme. 
  • The President witnessed their paintings created during their stay at Rashtrapati Bhavan. 
  • She appreciated their contribution to India's important traditional art forms and wished them success in their future artistic endeavour.
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