Q1. Which theme was adopted for India’s 79th Independence Day celebrations in 2025?
A) Viksit Bharat
B) Naya Bharat
C) Digital India
D) Atmanirbhar Bharat
Answer: B) Naya Bharat
The 79th Independence Day celebrations in 2025 were centered around the theme of ‘Naya Bharat’ (New India), reflecting the government’s vision for a developed India by 2047.
Q2. What is the current repo rate maintained by RBI as of August 2025?
A) 5.0%
B) 5.5%
C) 6.0%
D) 6.5%
Answer: B) 5.5%
The Reserve Bank of India maintained the repo rate at 5.5% during the August 2025 Monetary Policy Committee meeting with a unanimous decision.
Q3. How many armed forces personnel were honored with gallantry awards on Independence Day 2025?
A) 200
B) 233
C) 250
D) 300
Answer: B) 233
233 armed forces personnel were honored with gallantry awards on Independence Day 2025, including special recognition for Operation Sindoor participants.
Q4. What is the total allocation for PM Viksit Bharat Rozgar Yojana launched in August 2025?
A) Rs 50,000 crore
B) Rs 75,000 crore
C) Rs 1 lakh crore
D) Rs 1.5 lakh crore
Answer: C) Rs 1 lakh crore
The PM Viksit Bharat Rozgar Yojana was launched with an allocation of Rs 1 lakh crore, targeting employment creation for 3.5 crore youth.
Q5. Which country has India approved to host the 2030 Commonwealth Games?
A) Australia
B) Canada
C) India
D) United Kingdom
Answer: C) India
The Indian Olympic Association officially approved India’s bid to host the 2030 Commonwealth Games, marking a historic opportunity for the nation.
Q6. What is the revised inflation forecast by RBI for FY26?
A) 2.8%
B) 3.1%
C) 3.5%
D) 4.0%
Answer: B) 3.1%
The RBI revised the inflation forecast downward to 3.1% for FY26 while maintaining the GDP growth projection at 6.5% for the current fiscal year.
Q7. Who became India’s 89th Chess Grandmaster in August 2025?
A) D Gukesh
B) S. Rohith Krishna
C) Arjun Erigaisi
D) Nihal Sarin
Answer: B) S. Rohith Krishna
S. Rohith Krishna achieved the milestone of becoming India’s 89th Chess Grandmaster, continuing India’s dominance in international chess.
Q8. From which date did the Banking Laws Amendment Act 2025 come into effect?
A) July 1, 2025
B) August 1, 2025
C) August 15, 2025
D) September 1, 2025
Answer: B) August 1, 2025
The Banking Laws Amendment Act 2025 came into effect from August 1, 2025, introducing 19 amendments across five major banking acts.
Q9. What is the new threshold for ‘substantial interest’ in banks as per Banking Laws Amendment Act 2025?
A) Rs 1 crore
B) Rs 2 crore
C) Rs 5 crore
D) Rs 10 crore
Answer: B) Rs 2 crore
The Banking Laws Amendment Act 2025 increased the threshold for ‘substantial interest’ from Rs 5 lakh to Rs 2 crore, providing better governance framework.
Q10. By which year does PM Modi aim to launch the first ‘Made-in-India’ semiconductor chips?
A) End of 2024
B) End of 2025
C) Mid-2026
D) End of 2026
Answer: B) End of 2025
PM Modi announced that the first ‘Made-in-India’ semiconductor chips will be launched by the end of 2025, with six units currently operational and four new units approved.
Scoring Guide:
9-10 Correct: Excellent knowledge of current affairs
7-8 Correct: Good grasp of recent developments
5-6 Correct: Average awareness, need improvement
Below 5: Requires focused study of current affairs
Preparation Tips:
Read daily current affairs regularly
Focus on government schemes and policy announcements
Pay attention to banking sector developments
Keep track of sports achievements and international events
Practice mock tests regularly for competitive exams
This quiz covers important topics from Independence Day 2025, banking sector updates, government schemes, sports news, and international developments – all essential for Banking PO, SSC, UPSC, and other competitive examinations in India.
