Current Affairs Quiz – 10 Multiple Choice Questions
Question 1: Banking and Finance
What is the current repo rate set by RBI in June 2025?
A) 5.00%
B) 5.25%
C) 5.50%
D) 5.75%
Answer: C) 5.50%
Explanation: The Reserve Bank of India cut the repo rate by 50 basis points to 5.50% in the June 2025 MPC meeting, changing its stance to ‘neutral’.
Question 2: Government Appointments
Who has been appointed as the new Research and Analysis Wing (RAW) chief effective from July 1, 2025?
A) Ravi Sinha
B) Parag Jain
C) Sanjay Malhotra
D) Amit Shah
Answer: B) Parag Jain
Explanation: Parag Jain was appointed as the new RAW chief, set to begin his tenure from July 1, 2025, succeeding Ravi Sinha.
Question 3: Sports Achievement
Which country won the maiden World Test Championship (WTC) Final 2025?
A) Australia
B) India
C) England
D) South Africa
Answer: D) South Africa
Explanation: South Africa defeated Australia by 5 wickets in the WTC Final 2025 at Lord’s, winning their maiden championship title.
Question 4: National Statistics Day
What is the theme for National Statistics Day 2025 celebrated on June 29th?
A) Digital India Statistics
B) 75 Years of National Sample Survey
C) Statistical Innovation for Development
D) Data for Sustainable Growth
Answer: B) 75 Years of National Sample Survey
Explanation: The theme for National Statistics Day 2025 is “75 Years of National Sample Survey,” commemorating the significant milestone.
Question 5: Budget 2025 Tax Reforms
Under the new tax regime in Budget 2025, what is the income limit for zero income tax?
A) Rs 10 lakh
B) Rs 12 lakh
C) Rs 15 lakh
D) Rs 8 lakh
Answer: B) Rs 12 lakh
Explanation: Union Budget 2025 introduced zero income tax up to Rs 12 lakh under the new tax regime with revised tax slabs.
Question 6: International Affairs
Which UN official reiterated the call for immediate ceasefire in Gaza?
A) Ban Ki-moon
B) António Guterres
C) Tedros Adhanom
D) Filippo Grandi
Answer: B) António Guterres
Explanation: UN Secretary-General António Guterres reiterated the call for immediate ceasefire in Gaza, warning about the deteriorating humanitarian situation.
Question 7: Economic Indicators
What was India’s consumer confidence index score in June 2025?
A) 56.1
B) 59.0
C) 61.5
D) 54.8
Answer: B) 59.0
Explanation: Consumer confidence increased by 2.9 percentage points in June 2025, reaching a national index score of 59.0.
Question 8: Stock Market Performance
At what level did the NIFTY 50 index close on June 29, 2025?
A) 25,549.0
B) 25,637.8
C) 25,728.5
D) 25,445.2
Answer: B) 25,637.8
Explanation: NIFTY 50 index ended 88.8 points higher at 25,637.8, up 0.35%, driven by buying interest in key constituents.
Question 9: State Government Initiative
Which state government recognized the transgender community as socially and educationally backward class?
A) Kerala
B) Punjab
C) Assam
D) Delhi
Answer: C) Assam
Explanation: The Assam government recognized the transgender community as socially and educationally backward class, marking significant progress in LGBTQ+ rights.
Question 10: Renewable Energy
What is India’s total installed renewable energy capacity as of June 2025?
A) 200.5 GW
B) 215.8 GW
C) 223.6 GW
D) 235.2 GW
Answer: C) 223.6 GW
Explanation: Renewable energy capacity addition reached record 29.52 GW in FY 2024-25, increasing total installed capacity to 223.6 GW.
Quiz Scoring Guide
9-10 Correct: Excellent! You’re well-prepared for competitive exams
7-8 Correct: Good performance, focus on weak areas
5-6 Correct: Average, needs more current affairs study
Below 5: Requires intensive current affairs preparation
Key Study Areas for Competitive Exams
Banking Awareness Focus Points:
RBI monetary policy changes and repo rate adjustments
MSME credit growth and banking sector developments
Financial inclusion initiatives and KCC enhancements
Market performance indicators and sectoral trends
Current Affairs Priority Topics:
Government appointments and policy announcements
International relations and global developments
Economic reforms and budget allocations
Sports achievements and national celebrations
Quick Revision Facts:
National Statistics Day: June 29th (Prof. P.C. Mahalanobis birth anniversary)
New RAW Chief: Parag Jain (from July 1, 2025)
WTC Final 2025 Winner: South Africa
Current Repo Rate: 5.50% (neutral stance)
Zero Tax Limit: Rs 12 lakh (new regime)
Practice Tip: Regular daily current affairs reading and quiz practice are essential for banking and other competitive examinations. Focus on government policies, economic indicators, and international developments for comprehensive preparation.