Daily Current Affairs 23rd August 2025

1.Which sectors did India and Russia agree to enhance trade ties in during their meeting on August 21, 2025?
A) Pharmaceuticals and tourism
B) Energy, pharmaceuticals, agriculture, textiles
C) IT and healthcare
D) Real estate and mining
View Answer

B) Energy, pharmaceuticals, agriculture, textiles

2. At the Aug 21 India–Russia meet, which energy areas did Russia express interest in expanding into?
A) Solar farms in India
B) Hydrocarbon extraction in Far East and Arctic shelf
C) Wind power in the Caspian Sea
D) Biofuel production in Siberia
View Answer

B) Hydrocarbon extraction in Far East and Arctic shelf

3. What mechanism was highlighted by Jaishankar and Manturov to strengthen financial ties during their commission meeting on August 21, 2025?
A) Blockchain-based trade ledger
B) Rupee-rouble payment system
C) Digital euro-rupee converter
D) Cryptocurrency fund
View Answer

B) Rupee-rouble payment system

4. What imbalance did Jaishankar propose measures to correct in Moscow on Aug 21?
A) Trade surplus
B) Trade deficit of $58.9 billion due to oil imports
C) Population imbalance
D) Caste representation imbalance
View Answer

B) Trade deficit of $58.9 billion due to oil imports

5. What analogy did Jaishankar use regarding U.S. dissatisfaction over India’s oil imports?
A) “Don’t like it, don’t buy it”
B) “You can’t eat your cake and have it too”
C) “What’s sauce for the goose…”
D) “If it’s broke…”
View Answer

A) “Don’t like it, don’t buy it”

6. What stance did Russia call U.S. Trump-era sanctions on Russia–India oil trade?
A) Justified
B) Unjustified and double standards
C) Irrelevant
D) Needed reform
View Answer

B) Unjustified and double standards

7. What collaborative initiatives did India and Russia discuss to improve connectivity?
A) Trans-Pacific Corridor
B) International North-South Transport Corridor & Chennai-Vladivostok Eastern Maritime Corridor
C) Belt-and-Road Path through Himalayas
D) Amazon River Trade Route
View Answer

B) International North-South Transport Corridor & Chennai-Vladivostok Eastern Maritime Corridor

8. What was a non-trade domain both sides reaffirmed cooperation in during their meeting?
A) Space tourism
B) Defence and military-technical cooperation
C) Solar geo-engineering
D) Cryptocurrency regulation
View Answer

B) Defence and military-technical cooperation

9. Russia supports which India initiative through technology and joint production?
A) Digital India
B) Smart Cities and Make In India
C) Startup India
D) Skill India
View Answer

B) Smart Cities and Make In India

10. Which digital banking cooperation has emerged between India and Russia?
A) Unified RBI-CBR API
B) RuPay and Mir card acceptance
C) SWIFT integration
D) Unified digital currency
View Answer

B) RuPay and Mir card acceptance

11. Which large-scale infrastructural corridor did Russia invest in for India?
A) DMIC (Delhi-Mumbai Industrial Corridor)
B) China-Pakistan Economic Corridor
C) Trans-Siberian Railway
D) Golden Quadrilateral
View Answer

A) DMIC (Delhi-Mumbai Industrial Corridor)

12. Which energy sector did Lavrov praise as delivering “good results”?
A) Solar farm exports
B) Hydrocarbon cooperation – oil supply to India
C) Wind turbine collaboration
D) Biofuel supply chain
View Answer

B) Hydrocarbon cooperation – oil supply to India

13. What did India emphasize needs to be handled swiftly to fix trade imbalance with Russia?
A) Military aid
B) Non-tariff barriers and regulatory impediments
C) Tourism agreements
D) Film co-productions
View Answer

B) Non-tariff barriers and regulatory impediments

14. What is Russia hoping for in terms of future diplomatic discussions involving India?
A) Bilateral summit in Antarctica
B) Trilateral talks with India and China
C) UN-mediated dialogue
D) Virtual trade summit
View Answer

B) Trilateral talks with India and China

15. What did the August 21 meeting highlight about the India–Russia trade ambition?
A) Reduce trade
B) Expand bilateral trade, especially India’s exports to Russia
C) Keep status quo
D) End trade by 2026
View Answer

B) Expand bilateral trade, especially India’s exports to Russia

16. What futuristic governance reform was discussed by both ministers?
A) Cryptocurrency legalization
B) UN Security Council expansion
C) Global carbon tax
D) Space resource treaty
View Answer

B) UN Security Council expansion

17. What did both sides pledge to jointly fight during their discussions?
A) Poverty
B) Climate change
C) Terrorism
D) Tax evasion
View Answer

C) Terrorism

18. What new Indian diplomatic establishments were mentioned during talks?
A) Consulates in Toronto and Sydney
B) Consulates in Kazan and Yekaterinburg
C) Embassy in Nairobi
D) Embassy in Buenos Aires
View Answer

B) Consulates in Kazan and Yekaterinburg

19. In which sectors did the Economic Times highlight Indian exports could balance trade with Russia?
A) Automotive, aerospace
B) Agriculture, pharma, textiles
C) Software, fintech
D) Tourism, hospitality
View Answer

B) Agriculture, pharma, textiles

20. What was described as among the steadiest major-country relationships since WWII?
A) India–China ties
B) India–US relations
C) India–Russia affairs
D) India–UK postcolonial ties
View Answer

C) India–Russia affairs