Question 1: RBI Monetary Policy
What was the repo rate after RBI’s recent monetary policy decision in June 2025?
A) 6.00 percent
B) 5.50 percent
C) 5.75 percent
D) 6.25 percent
Answer: B) 5.50 percent
Explanation: The Reserve Bank of India cut the repo rate by 50 basis points to 5.50 percent in June 2025, marking a shift from accommodative to neutral stance in monetary policy.
Question 2: Digital India Initiative
What percentage of national income did the digital economy contribute in 2022-23 according to the Digital India milestone celebration?
A) 10.50 percent
B) 12.25 percent
C) 11.74 percent
D) 13.42 percent
Answer: C) 11.74 percent
Explanation: The Government of India highlighted that the digital economy contributed 11.74 percent to the national income in 2022-23, with projections to grow to 13.42 percent by 2024-25.
Question 3: BRICS Expansion
Which country officially joined BRICS as the 10th partner country on June 13, 2025?
A) Thailand
B) Philippines
C) Vietnam
D) Malaysia
Answer: C) Vietnam
Explanation: Vietnam officially joined BRICS as the 10th partner country on June 13, 2025, marking a significant milestone in the bloc’s expansion and Vietnam’s foreign policy diversification.
Question 4: Arunachal Pradesh Development
What period did Arunachal Pradesh declare as the ‘Decade of Hydropower’?
A) 2024-2034
B) 2025-2035
C) 2026-2036
D) 2023-2033
Answer: B) 2025-2035
Explanation: The Arunachal Pradesh cabinet declared 2025-2035 as the ‘Decade of Hydropower’ to harness 58,000 MW of electricity generation potential with investments exceeding Rs 2 lakh crore.
Question 5: India’s Nuclear Arsenal
According to SIPRI report, how many nuclear warheads did India possess as of January 2025?
A) 172
B) 175
C) 180
D) 185
Answer: C) 180
Explanation: The Stockholm International Peace Research Institute reported that India expanded its nuclear arsenal from 172 to 180 warheads as of January 2025, maintaining its nuclear advantage over Pakistan.
Question 6: International Labour Conference
Which edition of the International Labour Conference was held in Geneva from June 2-13, 2025?
A) 111th
B) 112th
C) 113th
D) 114th
Answer: C) 113th
Explanation: The 113th International Labour Conference was held in Geneva from June 2-13, 2025, concluding with the historic adoption of first international labour standards focused on preventing workplace exposure to biological hazards.
Question 7: ISSF World Cup Performance
Which position did India secure at the ISSF World Cup in Munich, Germany?
A) First place
B) Second place
C) Third place
D) Fourth place
Answer: C) Third place
Explanation: India secured third place at the ISSF World Cup in Munich, Germany, with four medals including two gold and two bronze, finishing behind China and Norway in the overall medal tally.
Question 8: UN International Year Declaration
Which year was declared as the International Year of the Woman Farmer by the UN General Assembly?
A) 2025
B) 2026
C) 2027
D) 2028
Answer: B) 2026
Explanation: The United Nations General Assembly declared 2026 as the International Year of the Woman Farmer, recognizing the crucial role of women in global agriculture and food security.
Question 9: Air India Flight Operations
How many Boeing 787 flights did Air India cancel following the Ahmedabad crash?
A) 58
B) 62
C) 66
D) 70
Answer: C) 66
Explanation: Air India cancelled 66 Boeing 787 flights following the tragic Ahmedabad crash, with technical snags and safety inspections affecting several international routes including Delhi-Paris and Ahmedabad-London services.
Question 10: GDP Growth Projection
What is the GDP growth projection for 2025-26 according to RBI’s assessment?
A) 6.0 percent
B) 6.5 percent
C) 7.0 percent
D) 6.8 percent
Answer: B) 6.5 percent
Explanation: GDP growth projections at 6.5 percent for 2025-26 indicate moderate credit expansion opportunities for banking institutions, as emphasized in RBI’s monetary policy framework.
Quiz Performance Guide
Scoring:
9-10 Correct: Excellent preparation level
7-8 Correct: Good understanding, minor improvements needed
5-6 Correct: Average performance, requires more focus
Below 5: Needs comprehensive revision
This quiz covers essential current affairs topics relevant for banking examinations, UPSC, SSC, and other competitive tests. Regular practice with such quizzes helps candidates stay updated with recent developments and improve their examination performance.
Key Areas Covered:
Monetary Policy and Banking
International Relations
Economic Development
Sports Achievements
Government Initiatives
Global Organizations
For comprehensive preparation, candidates should regularly review current affairs, understand the implications of policy decisions, and practice multiple-choice questions covering diverse topics from national and international developments.
