Home » Current Affairs Quiz – Daily Update for 02.07.2025

Current Affairs Quiz – Daily Update for 02.07.2025

Current Affairs Quiz

Instructions for Candidates

This quiz contains 10 multiple-choice questions based on current affairs from July 2, 2025. Each question is designed to test knowledge relevant to SSC, Bank PO, UPSC, and other competitive examinations in India. Choose the most appropriate answer from the given options.

Question 1

Prime Minister Modi recently celebrated which milestone anniversary of the Digital India Initiative?

A) 5 years
B) 8 years
C) 10 years
D) 12 years

Answer: C) 10 years
Explanation: PM Modi marked the 10th anniversary of Digital India program on July 1, 2025, highlighting the transformative journey in digital governance and citizen empowerment that made India a global digital leader.

Question 2

What was the record GST collection achieved in FY25?

A) ₹20.08 lakh crore
B) ₹21.50 lakh crore
C) ₹22.08 lakh crore
D) ₹23.15 lakh crore

Answer: C) ₹22.08 lakh crore
Explanation: Record GST collections of ₹22.08 lakh crore were achieved in FY25, marking 9.4% growth with the taxpayer base expanding to over 1.51 crore, demonstrating the success of tax reform.

Question 3

According to RBI’s Financial Stability Report, India’s Bank Gross NPAs fell to what historic low in March 2025?

A) 2.1%
B) 2.3%
C) 2.5%
D) 2.8%

Answer: B) 2.3%
Explanation: Gross Non-Performing Assets fell to historic low of 2.3% in March 2025, attributed to increased loan write-offs, reduced slippage ratios and sustained regulatory efforts, marking significant achievement in banking sector health.

Question 4

Which countries participated in the first-ever QUAD Maritime Mission?

A) India, China, US, Japan
B) India, Japan, US, Australia
C) India, UK, US, Canada
D) India, France, US, Germany

Answer: B) India, Japan, US, Australia
Explanation: India, Japan, US, and Australia launched the historic “QUAD at Sea Ship Observer Mission” with two officers from each country to enhance maritime security in the Indo-Pacific region under the Wilmington Declaration.

Question 5

What is the current interest rate for Sukanya Samriddhi Yojana (SSY)?

A) 7.8%
B) 8.0%
C) 8.2%
D) 8.5%

Answer: C) 8.2%
Explanation: Sukanya Samriddhi Yojana continues to earn 8.2% interest as the government kept small savings scheme rates unchanged for the sixth consecutive quarter, covering the July to September quarter of FY 2025-26.

Question 6

Which startup became the 5th unicorn of 2025?

A) Razorpay
B) Jumbotail
C) Slice
D) Paytm

Answer: B) Jumbotail
Explanation: Jumbotail became the 5th unicorn of 2025 with USD 120 million funding round, joining the growing list of Indian startups reaching billion-dollar valuations and reflecting strong investor confidence in the Indian startup ecosystem.

Question 7

The Union Cabinet approved ₹1,853 crore four-laning project for which highway section in Tamil Nadu?

A) NH-45 Chennai-Madurai section
B) NH-87 Paramakudi-Ramanathapuram section
C) NH-38 Coimbatore-Salem section
D) NH-66 Kanyakumari-Tuticorin section

Answer: B) NH-87 Paramakudi-Ramanathapuram section
Explanation: Cabinet approved ₹1,853 crore four-laning of NH-87 Paramakudi-Ramanathapuram section under Hybrid Annuity Mode to ease traffic congestion and enhance connectivity to Rameshwaram and Dhanushkodi.

Question 8

Which country’s Prime Minister was suspended by the Constitutional Court over an ethics case?

A) Malaysia
B) Thailand
C) Philippines
D) Vietnam

Answer: B) Thailand
Explanation: Thailand’s Constitutional Court suspended PM Paetongtarn Shinawatra with a 7-2 majority vote, effective from July 1, related to a leaked phone call with Cambodia’s Hun Sen during border dispute tensions.

Question 9

According to World Bank projections, what is the expected global growth rate for 2025?

A) 2.1%
B) 2.3%
C) 2.5%
D) 2.8%

Answer: B) 2.3%
Explanation: World Bank projects global growth to slow to 2.3% in 2025, with growth forecasts cut for 70% of economies due to trade tensions and policy uncertainty, expected to be the slowest pace since 2008 outside of global recessions.

Question 10

India ranks at which position globally in satellite deployment with 136 satellites?

A) 5th
B) 6th
C) 7th
D) 8th

Answer: C) 7th
Explanation: India ranks 7th globally with 136 satellites while the USA leads with 8,530 satellites, reflecting India’s growing space capabilities and technological advancement in satellite deployment.

Scoring Guide

  • 8-10 Correct: Excellent preparation level for competitive exams

  • 6-7 Correct: Good knowledge, need minor improvements

  • 4-5 Correct: Average performance, requires focused study

  • Below 4: Needs comprehensive current affairs preparation

Key Topics Covered

This quiz encompasses essential areas for competitive examinations including:

  • Banking and Finance: NPA levels, GST collections, small savings schemes

  • Government Initiatives: Digital India, infrastructure projects, welfare schemes

  • International Relations: QUAD partnership, diplomatic developments

  • Economic Indicators: Growth projections, market performance

  • Technology and Innovation: Startup ecosystem, space technology

  • Current Events: Political developments, policy changes

Regular practice with such comprehensive quizzes helps candidates stay updated with current affairs while building strong fundamentals for SSC, Bank PO, UPSC, and other competitive examinations in India.