Banking, SSC & Competitive Exam Preparation Quiz
Question 1: Banking & Finance
What is the extended deadline for filing Income Tax Returns (ITR) for individuals and HUFs who do not need account auditing for FY 2024-25?
A) August 31, 2025
B) September 15, 2025
C) September 30, 2025
D) October 15, 2025
Answer: B) September 15, 2025
The deadline was originally July 31, 2025, but has been extended to September 15, 2025.
Question 2: Government Schemes
Central government employees have until which date to switch from NPS to the newly introduced Unified Pension Scheme (UPS)?
A) September 15, 2025
B) September 30, 2025
C) October 31, 2025
D) December 31, 2025
Answer: B) September 30, 2025
The government extended the deadline by three months following stakeholder requests.
Question 3: Technology & Innovation
Which event was inaugurated by Prime Minister Narendra Modi on September 2, 2025, in New Delhi?
A) Digital India Summit 2025
B) SEMICON India 2025
C) Tech Innovation Conference
D) Startup India Conclave
Answer: B) SEMICON India 2025
The event showcases India’s semiconductor mission under the ₹76,000 crore Production Linked Incentive scheme.
Question 4: Sports – Cricket
Who has been appointed as the captain of India’s T20 Asia Cup 2025 squad?
A) Hardik Pandya
B) Shubman Gill
C) Suryakumar Yadav
D) Jasprit Bumrah
Answer: C) Suryakumar Yadav
Shubman Gill has been named as the vice-captain of the 15-member squad.
Question 5: International Relations
What percentage of tariffs has US President Donald Trump imposed on Indian imports recently?
A) 25%
B) 40%
C) 50%
D) 60%
Answer: C) 50%
This includes a 25% base tariff plus an additional 25% levy related to India’s Russian oil purchases.
Question 6: Economic Policy
Which GST Council meeting was held on September 3-4, 2025, discussing major reforms?
A) 54th GST Council Meeting
B) 55th GST Council Meeting
C) 56th GST Council Meeting
D) 57th GST Council Meeting
Answer: C) 56th GST Council Meeting
The meeting discussed potential rationalization of GST structure to two slabs of 5% and 18%.
Question 7: Weather & Disaster Management
Which river in Delhi has crossed the danger mark, reaching the third-highest level since 1963?
A) Ganges River
B) Yamuna River
C) Hindon River
D) Sahibi River
Answer: B) Yamuna River
The Yamuna River crossed the danger mark at 207.43 meters, displacing around 12,000 people.
Question 8: Banking Operations
According to RBI directive, what percentage of ATMs must dispense Rs 100 or Rs 200 denomination notes by September 30, 2025?
A) 60%
B) 70%
C) 75%
D) 80%
Answer: C) 75%
By March 31, 2026, this requirement increases to 90% of ATMs.
Question 9: International Organizations
The 25th Shanghai Cooperation Organization (SCO) Summit was held in which city?
A) Moscow, Russia
B) Beijing, China
C) Tianjin, China
D) Tashkent, Uzbekistan
Answer: C) Tianjin, China
The summit was held from August 31 to September 1, 2025, with Prime Minister Modi participating.
Question 10: Economic Growth
What was India’s real GDP growth rate for Q1 2025-26?
A) 5.9%
B) 6.1%
C) 6.5%
D) 7.2%
Answer: C) 6.5%
The nominal GDP growth was 8.8%, driven by manufacturing, services, and construction sectors.
Answer Key Summary:
B – September 15, 2025
B – September 30, 2025
B – SEMICON India 2025
C – Suryakumar Yadav
C – 50%
C – 56th GST Council Meeting
B – Yamuna River
C – 75%
C – Tianjin, China
C – 6.5%
Score Interpretation:
9-10 Correct: Excellent preparation level for competitive exams
7-8 Correct: Good awareness, minor revision needed
5-6 Correct: Average performance, focus more on current affairs
Below 5: Requires intensive current affairs study
