Daily Current Affairs Quiz -09.08.2025 | Daily GK Update

Here’s a 10-question MCQ quiz based on the Daily Current Affairs and GK Update for 09.08.2025, tailored for SSC, Bank PO, and other competitive exams in India. Answers are provided immediately after each question.

1. RBI Monetary Policy: What is the current repo rate maintained by RBI as per the August 2025 review?
   A) 5.25%
   B) 5.50%
   C) 5.75%
   D) 6.00%
   Answer: B) 5.50%

2. Inflation Outlook: RBI’s headline inflation forecast for FY26 was revised to:
   A) 3.7%
   B) 3.5%
   C) 3.1%
   D) 2.9%
   Answer: C) 3.1%

3. Growth Projection: RBI retained India’s real GDP growth projection for FY26 at:
   A) 6.0%
   B) 6.3%
   C) 6.5%
   D) 6.8%
   Answer: C) 6.5%

4. Banking Laws Amendment: The new “substantial interest” threshold under the Banking Laws Amendment Act 2025 is:
   A) ₹1 crore
   B) ₹1.5 crore
   C) ₹2 crore
   D) ₹2.5 crore
   Answer: C) ₹2 crore

5. Banking Transition: Which Small Finance Bank received approval to transition to a universal banking license?
   A) Ujjivan SFB
   B) Jana SFB
   C) AU Small Finance Bank
   D) Equitas SFB
   Answer: C) AU Small Finance Bank

6. Digital Finance: The minimum retention requirement for regulated entities in co‑lending arrangements, as per RBI’s final norms, is:
   A) 5%
   B) 10%
   C) 15%
   D) 20%
   Answer: B) 10%

7. International Solar Alliance: Which country became the 107th member of the ISA?
   A) Latvia
   B) Estonia
   C) Bulgaria
   D) Moldova
   Answer: D) Moldova

8. Trade Policy Shock: The tariff announced on Indian exports by the US administration in August 2025 was:
   A) 20%
   B) 25%
   C) 30%
   D) 35%
   Answer: B) 25%

9. Markets Snapshot: The Sensex fell by how many points on 08.08.2025?
   A) 650
   B) 715
   C) 765
   D) 820
   Answer: C) 765

10. Festivals & GK: Raksha Bandhan in 2025 was observed on:
    A) 08.08.2025
    B) 09.08.2025
    C) 10.08.2025
    D) 11.08.2025
    Answer: B) 09.08.2025