Quiz Instructions
This quiz is based on the latest current affairs from August 16, 2025. Each question has four options with the correct answer provided immediately after. Perfect for SSC, Bank PO, IBPS, SBI, RRB and other competitive examinations.
Question 1: What is the budget allocation for the Pradhan Mantri Viksit Bharat Rozgar Yojana announced by PM Modi?
A) ₹50,000 crore
B) ₹75,000 crore
C) ₹1 lakh crore
D) ₹1.5 lakh crore
Answer: C) ₹1 lakh crore
The scheme was launched from Red Fort on Independence Day with a budget of ₹1 lakh crore to create 3.5 crore new job opportunities.
Question 2: Under the proposed GST reforms, what are the two main tax slabs being considered?
A) 3% and 15%
B) 5% and 18%
C) 6% and 20%
D) 8% and 22%
Answer: B) 5% and 18%
The Centre proposed reducing four GST slabs to two main slabs of 5% and 18%, with a special 40% rate for luxury and sin goods.
Question 3: Which telecom operator launched 4G services in Delhi NCR on Independence Day 2025?
A) Airtel
B) Jio
C) Vi (Vodafone Idea)
D) BSNL
Answer: D) BSNL
State-owned BSNL soft-launched 4G network in Delhi NCR as an Independence Day gift to customers.
Question 4: In which district of Jammu and Kashmir did the massive cloudburst occur, killing at least 65 people?
A) Doda
B) Kishtwar
C) Ramban
D) Udhampur
Answer: B) Kishtwar
The cloudburst struck along the Machail Mata Yatra pilgrimage route in Kishtwar district, affecting over 1,200 people.
Question 5: After how many years did S&P Global upgrade India’s sovereign credit rating?
A) 15 years
B) 16 years
C) 18 years
D) 20 years
Answer: C) 18 years
S&P Global raised India’s sovereign credit rating to BBB from BBB- after 18 years, citing economic resilience and fiscal consolidation.
Question 6: What is the current repo rate maintained by RBI in the August 2025 MPC meeting?
A) 5.00%
B) 5.25%
C) 5.50%
D) 5.75%
Answer: C) 5.50%
The Reserve Bank maintained the repo rate at 5.50% with a neutral stance in the August MPC meeting.
Question 7: SBI completed India’s largest QIP raising how much amount?
A) ₹20,000 crore
B) ₹25,000 crore
C) ₹30,000 crore
D) ₹35,000 crore
Answer: B) ₹25,000 crore
State Bank of India completed India’s largest Qualified Institutional Placement raising ₹25,000 crore through share allotment.
Question 8: Where did the Trump-Putin summit take place in August 2025?
A) Geneva, Switzerland
B) Reykjavik, Iceland
C) Alaska, USA
D) Helsinki, Finland
Answer: C) Alaska, USA
The high-stakes talks between US President Trump and Russian President Putin were held at Joint Base Elmendorf-Richardson in Alaska.
Question 9: Who was the Nagaland Governor who passed away at the age of 80 in August 2025?
A) R.N. Ravi
B) La Ganesan
C) Anusuiya Uikey
D) Tamilisai Soundararajan
Answer: B) La Ganesan
La Ganesan, veteran BJP leader and Governor of Nagaland, died at Chennai hospital after suffering head injury.
Question 10: What is the new daily limit for UPI balance checks per app under the updated NPCI rules?
A) 25 times
B) 40 times
C) 50 times
D) 75 times
Answer: C) 50 times
NPCI implemented new UPI regulations limiting balance checks to 50 times per day per app and account views to 25 times daily.
Answer Key Summary
C) ₹1 lakh crore
B) 5% and 18%
D) BSNL
B) Kishtwar
C) 18 years
C) 5.50%
B) ₹25,000 crore
C) Alaska, USA
B) La Ganesan
C) 50 times
Scoring Guide
9-10 Correct: Excellent preparation level
7-8 Correct: Good awareness of current events
5-6 Correct: Average performance, needs improvement
Below 5: Requires focused current affairs study
