Multiple Choice Questions (MCQs) Question 1 What is the new repo rate announced by RBI in June 2025 monetary policy meeting? A) 5.25% B) 5.50% C) 5.75% D) 6.00% Answer: B) 5.50% Explanation: RBI announced a 50 basis points reduction in repo rate to 5.50% during June 2025 monetary policy meeting. Question 2 Which system…
National News and Government Updates Banking and Financial Sector Developments RBI announced a significant 50 basis points reduction in repo rate to 5.50% during June 2025 monetary policy meeting, marking the second bi-monthly policy statement for FY26 The policy stance was changed back to ‘neutral’ from accommodative, with Standing Deposit Facility rate at 5.25% and…
Current Affairs Quiz – 10 Multiple Choice Questions Question 1: Banking and Finance What is the current repo rate set by RBI in June 2025? A) 5.00% B) 5.25% C) 5.50% D) 5.75% Answer: C) 5.50% Explanation: The Reserve Bank of India cut the repo rate by 50 basis points to 5.50% in the June…
National News and Government Updates Prime Minister and Policy Announcements Prime Minister Narendra Modi launched centenary celebrations of Acharya Shri 108 Vidyanand Ji Maharaj at Vigyan Bhawan, New Delhi on 28th June 2025, marking the beginning of year-long tribute to the renowned Jain spiritual leader PM Modi’s Mann Ki Baat program scheduled for 29th June…
NICL AO Recruitment 2025 Overview National Insurance Company Limited (NICL) has officially announced the NICL AO Recruitment 2025 for 266 Administrative Officer positions across Generalist and Specialist categories. The notification was released on 10.06.2025, marking a significant opportunity for candidates seeking stable government employment in the insurance sector. Key Highlights of NICL AO Recruitment 2025…
Introduction to Gaganyaan Mission Gaganyaan represents India’s most ambitious space endeavor – the nation’s first human spaceflight program that will make India the fourth country to independently send humans to space. The term “Gaganyaan” derives from Sanskrit words “gagana” meaning celestial and “yana” meaning craft or vehicle, literally translating to “sky craft” or “celestial vehicle.”…
Multiple Choice Questions (MCQs) Question 1 What was the basis point reduction in Cash Reserve Ratio (CRR) that is expected to inject ₹2.5 lakh crore into the banking system by December 2025? A) 50 basis points B) 75 basis points C) 100 basis points D) 125 basis points Answer: C) 100 basis points Explanation: The…
National News Updates Banking and Financial Sector Developments RBI’s recent monetary policy decisions continue to impact the banking sector significantly, with all banks required to swiftly pass on the 50-basis-point rate cut to customers as emphasized in the latest RBI Bulletin Bank Nifty achieved a remarkable four-month winning streak, driven by RBI rate cuts and…
Question 1 What is the approved budget for the Revised Jharia Master Plan (JMP) that was approved by the Cabinet Committee on Economic Affairs? A) Rs 4,940.47 crore B) Rs 5,940.47 crore C) Rs 6,940.47 crore D) Rs 7,940.47 crore Answer: B) Rs 5,940.47 crore Explanation: The Cabinet Committee on Economic Affairs (CCEA) approved the…
National Affairs Cabinet Approvals and Government Decisions Union Cabinet chaired by Prime Minister Narendra Modi approved several key proposals on 25.06.2025, marking significant policy developments Government approved the establishment of South Asia regional centre of Lima (Peru) based International Potato Centre at Singna, Agra in Uttar Pradesh Cabinet Committee on Economic Affairs (CCEA) approved the…
