Current Affairs Quiz Questions – July 05, 2025
Question 1
Which regulatory body imposed a complete ban on US-based Jane Street Group from the Indian securities market?
A) Reserve Bank of India (RBI)
B) Securities and Exchange Board of India (SEBI)
C) Insurance Regulatory and Development Authority of India (IRDAI)
D) National Stock Exchange (NSE)
Answer: B) Securities and Exchange Board of India (SEBI)
SEBI imposed a complete ban on Jane Street Group and seized Rs 4,843 crore as alleged illicit profits from market manipulation activities. The authority found violations of Foreign Portfolio Investor (FPI) regulations through intra-day trading violations.
Question 2
What is the target share that India aims to achieve in global chemical value chains by 2040 according to NITI Aayog’s report?
A) 8%
B) 10%
C) 12%
D) 15%
Answer: C) 12%
NITI Aayog released a report titled “Chemical Industry: Powering India’s Participation in Global Value Chains” with an ambitious target for India to achieve 12% share in global chemical value chains by 2040, aiming for USD 1 trillion chemical industry output.
Question 3
Which state became the third Indian state to cross 1 crore stock market investors according to NSE data?
A) Karnataka
B) Gujarat
C) Tamil Nadu
D) West Bengal
Answer: B) Gujarat
Gujarat became the third Indian state to cross 1 crore stock market investors, following Maharashtra and Uttar Pradesh. This milestone indicates expanding retail investor base across Indian states.
Question 4
What is the prize money awarded to winners of the National Startup Awards 2025?
A) Rs 5 lakh
B) Rs 10 lakh
C) Rs 15 lakh
D) Rs 20 lakh
Answer: B) Rs 10 lakh
Winners of the National Startup Awards 2025 receive Rs 10 lakh prize money plus exclusive government handholding support. The awards recognize innovative, scalable, and socially impactful startups across 20 categories.
Question 5
Prime Minister Modi has now been honored by how many countries with their highest civilian awards after receiving Trinidad and Tobago’s supreme civilian award?
A) 20
B) 22
C) 25
D) 28
Answer: C) 25
Prime Minister Modi became the first foreign leader to receive Trinidad and Tobago’s supreme civilian award, making him honored by 25 countries with their highest civilian awards, reinforcing India’s growing diplomatic influence.
Question 6
Which Indian cricketer broke Sunil Gavaskar’s 49-year-old record during the India vs England Second Test?
A) Virat Kohli
B) Rohit Sharma
C) Yashasvi Jaiswal
D) Shubman Gill
Answer: C) Yashasvi Jaiswal
Yashasvi Jaiswal scripted history by breaking Sunil Gavaskar’s 49-year-old record, achieving the fastest to reach 2000 Test runs milestone during the India vs England Second Test match.
Question 7
What is the new deadline for Income Tax Return (ITR) filing that was extended from July 31, 2025?
A) August 31, 2025
B) September 15, 2025
C) October 31, 2025
D) November 15, 2025
Answer: B) September 15, 2025
The ITR filing deadline was extended from July 31 to September 15, 2025, providing relief to salaried individuals and small taxpayers and allowing more time for tax compliance and refund processing.
Question 8
Which organization approved USD 200 million funding for India’s Clean Energy Program?
A) World Bank
B) International Monetary Fund (IMF)
C) Green Climate Fund
D) Asian Infrastructure Investment Bank (AIIB)
Answer: C) Green Climate Fund
The Green Climate Fund approved USD 200 million for India through the Asian Development Bank’s Clean Energy Program, targeting renewable energy infrastructure development and supporting India’s climate commitments.
Question 9
What percentage increase in TB testing has Puducherry achieved since 2015?
A) 120%
B) 136%
C) 150%
D) 160%
Answer: B) 136%
Puducherry achieved a 136% increase in TB testing since 2015 with a 59% case reduction, leading tuberculosis elimination efforts with 40 villages targeted for TB-free declaration in 2025.
Question 10
Which state plans to establish India’s first Disneyland-style theme park?
A) Gujarat
B) Rajasthan
C) Haryana
D) Maharashtra
Answer: C) Haryana
Haryana plans to establish India’s first Disneyland-style theme park in Manesar near Pachgaon Chowk, covering 500 acres as an entertainment hub aimed at establishing Haryana as a leading tourism destination.
Answer Key Summary
B) Securities and Exchange Board of India (SEBI)
C) 12%
B) Gujarat
B) Rs 10 lakh
C) 25
C) Yashasvi Jaiswal
B) September 15, 2025
C) Green Climate Fund
B) 136%
C) Haryana
Important Notes for Exam Preparation
Banking Sector Focus Areas:
SEBI regulations and market oversight
RBI banking holidays and operational guidelines
Credit card policy changes and fee structures
Digital banking and fintech developments
Government Schemes and Policies:
National Startup Awards and entrepreneurship initiatives
Tax policy changes and compliance deadlines
Infrastructure development projects
Rural development and poverty elimination programs
International Relations:
Diplomatic achievements and bilateral partnerships
Trade agreements and economic cooperation
Defense and security partnerships
Climate change and environmental initiatives
This quiz covers essential current affairs topics frequently asked in banking, SSC, and other competitive examinations, focusing on recent developments in finance, governance, sports, and international relations from July 5, 2025.
