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Exercise : National - Latest Current Affairs
  • National - Latest Current Affairs
1.
Which institution released the report titled “Rethinking Homestays: Navigating Policy Pathways” in collaboration with IAMAI?
Ministry of Tourism
Internet and Mobile Association of India
Ministry of Culture
NITI Aayog
Answer: Option
Explanation:
NITI Aayog, in partnership with the Internet and Mobile Association of India (IAMAI), launched the report “Rethinking Homestays: Navigating Policy Pathways” on 22 August 2025. The report presents a comprehensive roadmap to strengthen India’s homestay and BnB ecosystem by balancing cultural authenticity, economic opportunity, and sustainable tourism practices. It emphasises creating light-touch regulatory frameworks, promoting public–private collaboration, and encouraging digital empowerment for scaling the sector. By positioning homestays as both cultural bridges and economic drivers, the report highlights their role in rural job creation, heritage preservation, and boosting India’s tourism growth in alignment with inclusive development goals.

2.
In which city did Prime Minister Narendra Modi inaugurate ₹5,200 crore worth of development projects, including metro extensions and the Kona Expressway?
Mumbai
Kolkata
Chennai
Hyderabad
Answer: Option
Explanation:
Prime Minister Narendra Modi inaugurated and laid the foundation stone for development projects worth over ₹5,200 crore in Kolkata, West Bengal, on 22 August 2025. The initiatives included major metro network extensions such as the Noapara–Jai Hind Bimanbandar line for direct airport access, the Sealdah–Esplanade line reducing travel time drastically, and the Beleghata–Hemanta Mukhopadhyay section enhancing IT hub connectivity. Alongside these, he laid the foundation for the six-lane elevated Kona Expressway, expected to boost trade, tourism, and logistics. These projects highlight Kolkata’s transformation into a modern urban mobility hub while strengthening its historical role in India’s economic development.

3.
Which airline signed an MoU with Indian Oil for the supply of Sustainable Aviation Fuel (SAF) to reduce carbon emissions?
Air India
IndiGo
Vistara
SpiceJet
Answer: Option
Explanation:
Air India has entered into a collaboration with Indian Oil to promote sustainable aviation practices through the use of Sustainable Aviation Fuel (SAF). This partnership is significant as Indian Oil recently became the first Indian company to achieve ISCC CORSIA certification for SAF production at its Panipat Refinery, meeting international emission standards. The agreement between Air India and Indian Oil marks an important step in reducing the carbon footprint of India’s aviation sector. It highlights the industry’s commitment to adopting greener technologies, aligning with global environmental goals, and contributing toward long-term climate sustainability.

4.
What is the primary impact of the SASCI scheme, which sanctioned ₹3,295.76 crore for 40 projects across India?
Expands Private Investment
Strengthens State Accountability
Promotes Sustainable Travel
Boosts Tourism Development
Answer: Option
Explanation:
The SASCI scheme, with a sanctioned outlay of ₹3,295.76 crore, is primarily aimed at boosting tourism development in India, particularly by promoting lesser-known but iconic destinations. The initiative focuses on creating comprehensive and responsible tourism experiences through 100% central funding support. Projects are selected using a challenge-based model to ensure quality, transparency, and long-term sustainability. These projects cover heritage restoration, eco-tourism, spiritual site development, and modern tourist amenities. By enhancing connectivity, infrastructure, and visitor facilities, the scheme significantly increases the attractiveness of such destinations, generating employment opportunities and uplifting local economies while fostering sustainable growth.

5.
With which regional bloc did India recently sign the Terms of Reference to begin negotiations for a Free Trade Agreement (FTA)?
Eurasian Economic Union
European Union
ASEAN
BRICS
Answer: Option
Explanation:
India signed the Terms of Reference with the Eurasian Economic Union (EAEU) to begin negotiations for a Free Trade Agreement. The EAEU comprises Armenia, Belarus, Kazakhstan, Kyrgyz Republic, and Russia. This agreement lays the groundwork for boosting bilateral trade, supporting MSMEs, and diversifying India’s market access in Eurasia. With bilateral trade already reaching USD 69 billion in 2024, the FTA is expected to further accelerate growth across sectors like pharmaceuticals, IT services, textiles, machinery, and agriculture. Strengthening these ties not only enhances India’s trade prospects but also deepens its strategic and economic footprint in the Eurasian region.