Current Affairs Quiz – 23.08.2025
Question 1
On which date is National Space Day celebrated in India annually?
A) August 22
B) August 23
C) August 24
D) August 25
Answer: B) August 23
National Space Day is celebrated on August 23 every year to commemorate the successful landing of Chandrayaan-3 on the lunar surface. The theme for 2025 was “Aryabhatta to Gaganyaan: Ancient Wisdom to Infinite Possibilities.”
Question 2
What is the current repo rate maintained by RBI as of August 2025?
A) 5.25%
B) 5.50%
C) 5.75%
D) 6.00%
Answer: B) 5.50%
The RBI Monetary Policy Committee maintained the repo rate at 5.50% during the August 2025 policy meeting. The central bank also kept the policy stance neutral, indicating readiness to move in either direction based on economic conditions.
Question 3
Which country’s Foreign Minister Wang Yi recently held high-level meetings with Pakistan Army Chief Asim Munir?
A) Japan
B) Russia
C) China
D) Iran
Answer: C) China
China’s Foreign Minister Wang Yi conducted high-level meetings with Pakistan Army Chief Asim Munir to discuss security cooperation and counter-terrorism measures, strengthening bilateral relations between the two countries.
Question 4
The new minimum block deal order size proposed by SEBI will be increased from Rs 10 crore to which amount?
A) Rs 15 crore
B) Rs 20 crore
C) Rs 25 crore
D) Rs 30 crore
Answer: C) Rs 25 crore
SEBI proposed increasing the minimum block deal order size from the current Rs 10 crore to Rs 25 crore. This threshold has remained unchanged since 2017 and the new proposal aims to enhance market efficiency.
Question 5
Which team won their first-ever Junior World title at the 2025 World Archery Youth Championships?
A) Indian recurve men’s team
B) Indian compound men’s U-21 team
C) Indian women’s compound team
D) Indian mixed compound team
Answer: B) Indian compound men’s U-21 team
The Indian compound men’s U-21 archery team, comprising Kushal Dalal, Mihir Apar, and Ganesh Mani Ratnam, won their first-ever Junior World title by defeating Germany in a thrilling shootoff after a 233-233 tie.
Question 6
What was India’s Consumer Price Index inflation rate in July 2025?
A) 2.82%
B) 1.55%
C) 3.07%
D) 2.59%
Answer: B) 1.55%
India’s Consumer Price Index inflation rate dropped to 1.55% in July 2025, falling below RBI’s tolerance band for the first time since 2019. This significant decrease was primarily driven by negative food inflation of -1.76%.
Question 7
Which Indian shooter won gold at the Asian Shooting Championships in Kazakhstan?
A) Kajal Dochak
B) Elavenil Valarivan
C) Manu Bhaker
D) Saurabh Chaudhary
Answer: B) Elavenil Valarivan
Elavenil Valarivan secured the gold medal in the 10m air rifle event at the Asian Shooting Championships held in Kazakhstan, adding to India’s impressive shooting performance in international competitions.
Question 8
The Cash Reserve Ratio reduction from 4% to 3% will commence from which month?
A) August 2025
B) September 2025
C) October 2025
D) November 2025
Answer: B) September 2025
The RBI announced that the Cash Reserve Ratio reduction from 4% to 3% will commence from September 2025, to be implemented in four phases of 25 basis points each to gradually inject liquidity into the banking system.
Question 9
Which Pakistani leader was recently arrested on charges of misusing government funds?
A) Imran Khan
B) Shehbaz Sharif
C) Ranil Wickremesinghe
D) Asif Ali Zardari
Answer: C) Ranil Wickremesinghe
Former Sri Lankan President Ranil Wickremesinghe was arrested on charges of misusing government funds. This development has significant implications for Sri Lankan politics and governance.
Question 10
The new Income Tax law that received ratification will become effective from which year?
A) 2025
B) 2026
C) 2027
D) 2028
Answer: B) 2026
The new Income Tax law received ratification and is scheduled to become effective from 2026. This represents a significant reform in India’s taxation system and will impact taxpayers across the country.
Score Interpretation:
8-10 correct: Excellent awareness of current affairs
6-7 correct: Good preparation level
4-5 correct: Need more focused study
Below 4: Requires intensive current affairs preparation
This quiz covers major developments from August 23, 2025, including banking policy changes, international relations, sports achievements, economic indicators, and government initiatives – all relevant for competitive examinations in India.
