Test your knowledge with these Multiple Choice Questions based on the current affairs of September 6, 2025, designed specifically for Banking, SSC, Railway, and other competitive examinations in India.
Quiz Questions
1. What is the new per-transaction UPI limit for capital markets and insurance transactions as announced by NPCI in September 2025?
a) ₹2 lakh
b) ₹3 lakh
c) ₹5 lakh
d) ₹10 lakh
Answer: c) ₹5 lakh
The NPCI increased the per-transaction limit to ₹5 lakh for specific merchant categories including capital markets, insurance, GeM tax/EMD, travel, and credit card bill payments, with implementation by September 15, 2025.
2. What is the 24-hour cumulative UPI transaction limit under the new NPCI guidelines?
a) ₹5 lakh
b) ₹8 lakh
c) ₹10 lakh
d) ₹15 lakh
Answer: c) ₹10 lakh
Along with the per-transaction limit of ₹5 lakh, NPCI set a 24-hour cumulative limit of ₹10 lakh for high-value merchant transactions.
3. Which two GST tax slabs are being retained under the new framework recommended by the 56th GST Council meeting?
a) 5% and 12%
b) 5% and 18%
c) 12% and 18%
d) 18% and 28%
Answer: b) 5% and 18%
The 56th GST Council recommended a simplified two-slab structure retaining 5% and 18% rates while phasing out the 12% and 28% slabs.
4. What is the new de-merit GST rate introduced for luxury and sin goods?
a) 35%
b) 40%
c) 45%
d) 50%
Answer: b) 40%
The GST Council introduced a 40% de-merit rate specifically for luxury items and sin goods as part of the restructuring.
5. Who has been elected as the new Chairman of AMFI (Association of Mutual Funds in India)?
a) Vishal Kapoor
b) Sundeep Sikka
c) Radhika Gupta
d) Nilesh Shah
Answer: b) Sundeep Sikka
Sundeep Sikka, CEO of Nippon Life India AMC, was elected as AMFI Chairman, while Vishal Kapoor became Vice Chairman.
6. Which country’s Prime Minister visited India from September 2-4, 2025?
a) Malaysia
b) Thailand
c) Singapore
d) Indonesia
Answer: c) Singapore
Lawrence Wong, Prime Minister of Singapore, visited India marking 60 years of diplomatic relations between the two countries.
7. Who assumed charge as the new CMD of NHPC Limited in September 2025?
a) Bhupender Gupta
b) Rajiv Kumar Vishnoi
c) Abhay Kumar Singh
d) Balraj Joshi
Answer: a) Bhupender Gupta
Bhupender Gupta took charge as Chairman and Managing Director of NHPC Limited on September 4, 2025.
8. By which date must banks implement the new UPI transaction limits as per NPCI guidelines?
a) September 10, 2025
b) September 15, 2025
c) September 20, 2025
d) September 30, 2025
Answer: b) September 15, 2025
Banks and payment service providers must implement the new UPI limits by September 15, 2025.
9. Which actress was announced as the new global brand ambassador for Levi’s in September 2025?
a) Deepika Padukone
b) Priyanka Chopra
c) Alia Bhatt
d) Katrina Kaif
Answer: c) Alia Bhatt
Levi’s announced Alia Bhatt as its new global brand ambassador in September 2025.
10. From which date will most of the new GST rates become effective?
a) September 15, 2025
b) September 20, 2025
c) September 22, 2025
d) October 1, 2025
Answer: c) September 22, 2025
Most of the GST rate changes recommended by the 56th GST Council meeting will become effective from September 22, 2025.
This quiz is designed to test knowledge retention of the most important current affairs from September 6, 2025, with questions formatted specifically for Indian competitive examination patterns and difficulty levels suitable for Banking, SSC, Railway, and other government job aspirants.
