DAILY CURRENT AFFAIRS AND GK UPDATE – 07.08.2025 NATIONAL AFFAIRS Prime Minister Modi Inaugurates Kartavya Bhavan-3 in New Delhi PM Narendra Modi inaugurated Kartavya Bhavan-3 at Kartavya Path, New Delhi First among several upcoming Common Central Secretariat buildings Part of Central Vista redevelopment project Aimed at streamlining administrative processes and enabling agile governance Project includes…
Current Affairs Quiz – 06.08.2025 For Banking, SSC & Other Competitive Exams Instructions: Choose the correct option for each question. Answers are provided immediately after each question. Question 1: What is the current repo rate that RBI’s Monetary Policy Committee is expected to maintain in August 2025? A) 5.0% B) 5.5% C) 6.0% D) 6.5%…
National News RBI Monetary Policy Committee Meeting August 2025 Reserve Bank of India’s Monetary Policy Committee under Governor Sanjay Malhotra began its three-day policy review meeting on August 04, 2025 The committee is expected to maintain the repo rate at 5.5 percent despite inflation easing to 2.1 percent in June 2025 The RBI has already…
Who passed away on 05.08.2025, having served as Jharkhand Chief Minister and Union Minister? A. Babulal Marandi B. Shibu Soren C. Hemant Soren D. Yashwant Sinha Answer: B. Shibu Soren What important RBI event started on 05.08.2025 with decisions expected on 06.08.2025? A. Annual Report Release B. Monetary Policy Committee Review C. Financial Inclusion Conference…
National Events Former Jharkhand Chief Minister Shibu Soren passed away at 81 after prolonged illness in Delhi. His political career spanned decades, including terms as Union Minister and Rajya Sabha MP. Reserve Bank of India’s Monetary Policy Committee commenced a three-day review, with lending rate decisions due on 06.08.2025. Inflation outlook and global trade tensions…
Which Act’s key provisions came into effect on August 1, 2025, introducing 19 amendments across major banking laws? A) Banking Regulation Act 1955 B) Banking Laws (Amendment) Act 2025 C) Reserve Bank of India Act 1934 D) Public Sector Banks Reforms Act 2025 Answer: B The threshold for “substantial interest” in cooperative banks was raised…
NATIONAL AFFAIRS Banking and Financial Sector Developments Banking Laws Amendment Act 2025 Implementation: Key provisions of the Banking Laws (Amendment) Act, 2025 came into effect from August 1, 2025. The comprehensive legislation introduces 19 amendments across five major banking laws including the Reserve Bank of India Act 1934, Banking Regulation Act 1949, State Bank of…
Who became the first woman Director General of the Railway Protection Force on 03.08.2025? A. Anjali Sharma B. Sonali Mishra C. Kavita Singh D. Priya Nair Answer: B. Sonali Mishra Which bank approved the amalgamation of New India Co-operative Bank on 03.08.2025? A. Bandhan Bank B. State Bank of India C. Saraswat Co-operative Bank D….
Important Appointments & Government Decisions Sonali Mishra becomes the first woman Director General of the Railway Protection Force in its 143-year history. Deepak Reddy appointed CEO of Manappuram Finance, a leading non-banking finance company. Trans Yamuna Development Board reconstituted; new chairman appointed to oversee infrastructure and flood management. Supreme Court allows NEET-PG 2025 exam in…
Prime Minister Modi’s visit to Varanasi on 02.08.2025 included laying foundation stones for development projects worth: A. ₹1,800 crore B. ₹2,200 crore C. ₹2,500 crore D. ₹3,000 crore Answer: B Under the Banking Laws Amendment Act 2025, the threshold for “substantial interest” in banks was raised from ₹5 lakh to: A. ₹1 crore B. ₹1.5…
