Current Affairs Quiz – 24.08.2025 for Competitive Exams

Instructions for Quiz

• This quiz contains 10 multiple choice questions based on current affairs from 24.08.2025

• Each question has 4 options with only one correct answer

• Questions are designed for SSC, Bank PO, IBPS and other competitive examinations

• Time limit: 10 minutes for complete quiz

• All questions carry equal marks

Quiz Questions

Question 1: Which organization maintained the repo rate at 5.50% in August 2025?

a) SEBI
b) RBI
c) NABARD
d) SIDBI

Answer: b) RBI

Question 2: The Banking Laws (Amendment) Act, 2025 redefined “substantial interest” threshold from ₹5 lakh to:

a) ₹1 crore
b) ₹1.5 crore
c) ₹2 crore
d) ₹3 crore

Answer: c) ₹2 crore

Question 3: India’s flash PMI reached which record level in August 2025?

a) 63.5
b) 64.8
c) 65.2
d) 66.1

Answer: c) 65.2

Question 4: Which country partnership was announced by Defence Minister Rajnath Singh for manufacturing advanced jet engines?

a) India-Russia
b) India-France
c) India-USA
d) India-Israel

Answer: b) India-France

Question 5: PM Viksit Bharat Rozgar Yojana (PM-VBRY) has an outlay of:

a) ₹85,446 crore
b) ₹92,334 crore
c) ₹99,446 crore
d) ₹1,05,667 crore

Answer: c) ₹99,446 crore

Question 6: India celebrated National Space Day on which date in August 2025?

a) August 22nd
b) August 23rd
c) August 24th
d) August 25th

Answer: b) August 23rd

Question 7: Which bank received approval to acquire up to 24.99% stake in Yes Bank?

a) HDFC Bank
b) ICICI Bank
c) Sumitomo Mitsui
d) Standard Chartered

Answer: c) Sumitomo Mitsui

Question 8: The theme for National Space Day 2025 was:

a) “Space for Sustainable Development”
b) “Aryabhatta to Gaganyaan: Ancient Wisdom to Infinite Possibilities”
c) “India’s Journey to the Stars”
d) “Space Technology for Nation Building”

Answer: b) “Aryabhatta to Gaganyaan: Ancient Wisdom to Infinite Possibilities”

Question 9: UPI balance checks are now limited to how many times per day under new August 2025 rules?

a) 40 times
b) 45 times
c) 50 times
d) 55 times

Answer: c) 50 times

Question 10: Which achievement was recorded by Arjun Babuta and Elavenil Valarivan at the Asian Shooting Championship 2025?

a) Silver medal in individual events
b) Bronze medal in mixed team event
c) Gold medal in 10m air rifle mixed team
d) Gold medal in individual 50m rifle

Answer: c) Gold medal in 10m air rifle mixed team

Answer Key Summary

1. b) RBI

2. c) ₹2 crore

3. c) 65.2

4. b) India-France

5. c) ₹99,446 crore

6. b) August 23rd

7. c) Sumitomo Mitsui

8. b) “Aryabhatta to Gaganyaan: Ancient Wisdom to Infinite Possibilities”

9. c) 50 times

10. c) Gold medal in 10m air rifle mixed team

Scoring Guide

• 9-10 correct answers: Excellent preparation

• 7-8 correct answers: Good knowledge level

• 5-6 correct answers: Average performance, need more practice

• Below 5 correct answers: Requires intensive study of current affairs

This quiz covers major developments in banking sector reforms, economic indicators, defense partnerships, government schemes, space achievements, and sports accomplishments that are relevant for competitive examinations conducted throughout India.