DAILY GK 1-2 OCT 2025

 DAILY GK 1-2 OCT 2025

1.       INDIGENOUSLY DEVELOPED SODAR SYSTEM

·         Sound Detection and Ranging (SODAR) system facility, indigenously designed and developed by Council of Scientific and Industrial Research-Advanced Materials Processes Research Institute (CSIR-AMPRI, Bhopal), was inaugurated at Indian Meteorological Department (IMD), Delhi.

 


2.       17TH ASIA CRICKET CUP 2025

·         India clinched the Asia Cup 2025 for a record-extending Ninth time, defeating Pakistan in the Finals held in Dubai.

·         The 17th edition of the Asia Cup was set to host by India, but later it was shifted to UAE, with 11 matched being held in Dubai and 8 matches held in Sheikh Zayed Cricket Stadium.

·         The tournament featured eight teams, with five full members of the Asian Cricket Council (ACC), with Afghanistan, Bangladesh, India, Pakistan and Sri Lanka, and three teams (UAE, Oman, Hong Kong) which finished top three in 2024 ACC Men’s Premier Cup.

·         With nine titles (seven ODI and two T20I), India becomes the most successful team in the history of tournament.

·         Where Sri Lanka is the second most successful team with six titles and Pakistan have won two.

·         The Asia Cup cricket tournament commenced in 1984, headquartered in UAE.

·         Scheduled to be held in 2027 and will be hosted by Bangladesh.

 

3.       SAFF UNDER-17 MEN’S FOOTBALL CHAMPIONSHIP

·         The 10th edition of the SAFF Under-17 Men’s Football Championship 2025 was held in Colombo, Sri Lanka. 

·         India’s Under-17 team emerged victorious by defeating Bangladesh in the final.

·         The final match ended in a 2-2 draw, with India clinching the title 4-1 in the penalty shootout.

·         With this victory, India secured their seventh SAFF U-17 title.

·         Championship featured seven teams, including Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka

·         Fair Play Award: India.

·         Highest Goal Scorer: Md Abdullah (Pakistan) – 6 goals.

·         Most Valuable Player: Nazmul Huda Faysal (Bangladesh).

·         Best Goalkeeper: Md Alif Rahman Imtiage (Bangladesh).

 

4.       WORLD PARA ARCHERY CHAMPIONSHIPS-2025

·         The 15th edition of the World Para Archery Championships-2025, held in Gwangju, South Korea.

·         India secured a total of five medals (two gold, two silver, and one bronze), finishing second in the overall medal table.

·         A total of 239 participants competing from 47 countries in the championship.

·         China emerged as the topper in the medal tally in the championship with 12 medals (6 Gold, 3 Silver, 3 Bronze).

·         While, India finished second, and Mongolia being third with 2 Gold medals.

·         Indian Sheetal Devi scripted history by becoming the first woman without arms to win a world championship gold in the category by defeating Turkiye’s world No. 1 Oznur Cure Girdi.

·         Toman Kumar clinched the gold medal by defeating his opponent and teammate Rakesh Kumar, who settled for a silver medal.

·         World Archery Headquarters – Lausanne, Switzerland.

 

5.       WOMEN’S T20 WORLD CUP CRICKET FOR THE BLIND

·         India and Sri Lanka are set to co-host the inaugural Women’s T20 World Cup – Cricket for the Blind in November 2025.

·         The tournament will feature teams from Australia, England, India, Nepal, Pakistan, Sri Lanka, and the USA.

 

6.       HURUN RICH LIST 2025

·         Mukesh Ambani, has reclaimed the top spot as India’s Richest Man with a net worth of Rs 9.55 lakh crore.

·         replacing Gautam Adani and family, who dropped from 1st spot (in 2024) to 2nd spot in 2025 rankings with a wealth of Rs 8.15 lakh crore.

·         For the 1st time, Roshni Nadar and family featured into the top 3, ranked at 3rd position with net worth of Rs 2.84 lakh crore, becoming richest woman in India.

·         This year’s M3M Hurun India Rich List features 1,687 individuals with a net worth of Rs1,000 crore or more, marking an increase of 148 compared to 2024 and 859 over the past five years.

·         India now has 358 billionaires, six times more than when the list was first published 13 years ago.

·         The combined wealth of Indians featured on the list is Rs 167 lakh crore (marking an annual increase of 5%), which is equivalent to nearly 50% of India’s Gross Domestic Product (GDP).

·         Mumbai continues to be billionaire hub in India with 451 billionaires; followed by New Delh (223 billionaires) and Bengaluru (Karnataka) (116 billionaires).

·         The report showed that Pharmaceuticals sector continues to dominate as the most represented sector, with 137 individuals featured in the list; followed by industrial products (132) and chemicals & petrochemicals (125).

·         Aravind Srinivas (31-year-old), founder of Artificial Intelligence (AI) startup, Perplexity, has emerged as India’s youngest billionaire on the list with a net worth of Rs 21,900 crore.

·         Dr. Garima Sawhney (39-year-old), co-founder of Pristyn Care, emerged as the youngest self-made woman entrepreneur on the list.

 

7.       RBI EASES RULES ON BANKS’ OVERSEAS PERPETUAL DEBT

·         The Reserve Bank of India (RBI) released ‘RBI (Basel III Capital Regulations-PDI in AT 1 Capital) Directions,2025’, raising the limit for perpetual debt that banks can raise overseas and use as part of their core capital.

·         The RBI has also revised the regulations for Small Business Loans (SBL), permitting more frequent adjustments to the credit risk spread charged to borrowers.

·         The new direction is applicable to all Scheduled Commercial Banks (SCB) (excluding Small Finance Banks (SFB), Payments Banks (PB) and Regional Rural Banks (RRB).

·         These Directions shall come into force from October 01, 2025.

·         The Perpetual Debt Instruments (PDIs) issued in foreign currency/ rupee denominated bonds overseas shall be eligible for inclusion in Additional Tier 1 (AT1) capital up to a maximum amount of 1.5% of Risk Weighted Assets (RWAs) as per the latest available financial statements.

·         Previously, the RBI had capped perpetual debt at 1.5% of RWA, allowing less than half to be raised overseas.

 

8.       RBI SCHEME TO SPEED UP SETTLEMENT OF INOPERATIVE ACCOUNTS, UNCLAIMED DEPOSITS

·         The Reserve Bank of India (RBI) announced a new scheme for facilitating accelerated payout to ensure faster settlement of inoperative accounts and unclaimed deposits lying with banks.

·         As of June 2025, the unclaimed deposits stood at over Rs. 67,000 crore (cr).

·         The objective is to encourage banks to actively pursue customers/ depositors for re-activation of their inoperative accounts and return of their unclaimed amounts lying with Depositors Education Awareness (DEA) Fund to the rightful claimants in a timely and efficient manner.

·         The scheme is applicable to all the banks registered under the DEA Fund Scheme.

·         The scheme is available for one-year period, i.e. from October 01, 2025 to September 30, 2026.

 

9.       SEBI LAUNCHED MITRA PLATFORM

·         The Securities and Exchange Board of India (SEBI) launched a new digital platform, Mutual Fund Investment Tracing and Retrieval Assistant (MITRA).

·         The new platform is designed to help investors in tracking and reclaiming inactive or unclaimed Mutual Fund (MF) folios.

·         The platform is jointly managed by two Qualified Registrar and Transfer Agents (QRTAs) namely, Computer Age Management Services Limited (CAMS) and KFin Technologies Limited.

·         SEBI has also extended the deadline for the complete roll out of algorithm trading rules for retail investors to April 01, 2026.

·         Initially, the framework was scheduled to come into effect from August 01, 2025, was 1st deferred to October 01, 2025.

10.    SIDBI LAUNCHED NEW SCHEME ‘DIA’ TO TRANSFORM MSME CLUSTERS

·         The initiative aims to strengthen Micro, Small, and Medium Enterprises (MSMEs) across India by implementing a cost-effective, innovative, and self-sustaining cluster development model.

·         The scheme provides focused assistance for infrastructure, skilled human resources, and early-stage activities using a demand-driven approach.

·         Apart from the DIA scheme, the industry portal was launched at the conclave.

·         It is a digital Business-to-Business (B2B) platform that empowers industry associations and members, serving as a hub for research, networking, information-sharing, and resolving financial & technical challenges.