Daily Current Affairs Quiz – 19.08.2025
Question 1: Banking and Financial Sector
The Reserve Bank of India maintained the repo rate at what percentage during the August 2025 Monetary Policy Committee meeting?
A) 5.25%
B) 5.50%
C) 5.75%
D) 6.00%
Answer: B) 5.50%
The RBI MPC meeting held on August 4-6, 2025, under Governor Sanjay Malhotra’s chairmanship decided to keep the repo rate unchanged at 5.50%. The committee also noted that CPI inflation had reached a 77-month low of 2.1% in June 2025.
Question 2: Government Schemes
What is the target job creation under the PM Viksit Bharat Rozgar Yojana approved by the Union Cabinet in August 2025?
A) 2.5 crore jobs
B) 3.0 crore jobs
C) 3.5 crore jobs
D) 4.0 crore jobs
Answer: C) 3.5 crore jobs
The Union Cabinet approved the PM Viksit Bharat Rozgar Yojana with a budget allocation of Rs 99,446 crore, targeting the creation of over 3.5 crore formal jobs within two years, launching from August 1, 2025.
Question 3: Banking Laws
How many amendments were introduced across key banking legislations through the Banking Laws Amendment Act 2025?
A) 15 amendments
B) 17 amendments
C) 19 amendments
D) 21 amendments
Answer: C) 19 amendments
The Banking Laws Amendment Act 2025 introduced 19 amendments across five key legislations including RBI Act 1934 and Banking Regulation Act 1949 to strengthen governance and protect depositors, coming into effect from August 1, 2025.
Question 4: International Relations
Which two world leaders held an unsuccessful 3-hour meeting in Alaska regarding Ukraine war ceasefire in August 2025?
A) Biden and Putin
B) Trump and Putin
C) Macron and Putin
D) Zelensky and Putin
Answer: B) Trump and Putin
US President Donald Trump and Russian President Vladimir Putin held a 3-hour meeting in Alaska in August 2025 regarding Ukraine war ceasefire negotiations, though the talks were unsuccessful despite Trump describing them as positive.
Question 5: Sports Current Affairs
Who is expected to captain India’s T20I squad for the Asia Cup 2025 following recent successful leadership?
A) Rohit Sharma
B) Virat Kohli
C) Hardik Pandya
D) Suryakumar Yadav
Answer: D) Suryakumar Yadav
Suryakumar Yadav is expected to captain India’s T20I squad for Asia Cup 2025 after his successful leadership record of winning 17 out of the last 20 matches. The squad announcement was scheduled for August 19, 2025.
Question 6: Defense and Security
Who was appointed as the new Vice Chief of Army Staff in August 2025?
A) Lt. General NS Raja Subramani
B) Lt. General Pushpendra Singh
C) Lt. General Manoj Pande
D) Lt. General Anil Chauhan
Answer: B) Lt. General Pushpendra Singh
Lt. General Pushpendra Singh was appointed as the new Vice Chief of Army Staff in August 2025, replacing Lieutenant General NS Raja Subramani in this important defense position.
Question 7: Economic Policy
What is the proposed GST rate structure under the rationalization plans discussed by the Finance Ministry in August 2025?
A) 5% and 12% only
B) 5% and 18% only
C) 12% and 18% only
D) 18% and 28% only
Answer: B) 5% and 18% only
The Finance Ministry proposed eliminating 12% and 28% GST tax slabs, retaining only 5% and 18% rates for simplification. A Group of Ministers meeting was scheduled for August 20-21, 2025, to discuss this rationalization.
Question 8: Weather and Emergency
Which Indian city’s schools were closed on August 19, 2025, due to heavy rainfall warnings?
A) Delhi
B) Chennai
C) Mumbai
D) Kolkata
Answer: C) Mumbai
The Brihanmumbai Municipal Corporation declared a holiday for schools and colleges in Mumbai on August 19, 2025, following an IMD red alert for extremely heavy rainfall and waterlogging concerns across the city.
Question 9: Awards and Honors
How many Gallantry Awards were approved by the President for Armed Forces personnel on Independence Day 2025?
A) 115 awards
B) 127 awards
C) 140 awards
D) 155 awards
Answer: B) 127 awards
The President approved 127 Gallantry Awards and 40 Distinguished Service Awards for Armed Forces and Central Armed Police Forces personnel during Independence Day 2025 celebrations, recognizing exceptional bravery and service.
Question 10: UPI and Digital Payments
What are the new daily limits for UPI balance checks introduced by NPCI from August 1, 2025?
A) 25 times daily
B) 40 times daily
C) 50 times daily
D) 75 times daily
Answer: C) 50 times daily
The National Payments Corporation of India introduced new UPI usage limits effective August 1, 2025, restricting balance checks to 50 times daily and account views to 25 times daily, with designated peak hours from 10 AM-1 PM and 5 PM-9:30 PM.
Score Analysis
8-10 Correct: Excellent! You are well-prepared for competitive exams
6-7 Correct: Good performance, focus on weaker areas
4-5 Correct: Average score, increase daily current affairs reading
Below 4: Need significant improvement in current affairs preparation
Important Tips for Competitive Exams
Banking Exams: Focus on RBI policies, banking sector reforms, and financial inclusion schemes
SSC Exams: Emphasize government schemes, appointments, and national developments
UPSC Preparation: Study international relations, defense matters, and policy changes comprehensively
General Strategy: Read daily newspapers, follow government press releases, and practice regular quizzes
Stay updated with current affairs for better performance in upcoming competitive examinations. Regular practice of such quizzes helps in retaining important information and improves exam readiness.
