1. The fiscal deficit target set in the Union Budget 2026–27 is: A. 5.2% of GDPB. 4.4% of GDPC. 3.8% of GDPD. 6.1% of GDP Answer: B. 4.4% of GDP 2. The capital expenditure allocation announced for FY 2026–27 is approximately: A. ₹8 lakh croreB. ₹10 lakh croreC. ₹12.5 lakh croreD. ₹15 lakh crore Answer:…
1. RBI and the European Central Bank announced the initiation of linkages between which two payment systems? A. RuPay – SEPAB. UPI – TIPSC. NEFT – SWIFTD. IMPS – SEPAAnswer: B. UPI – TIPS 2. The UPI–TIPS linkage will primarily help in improving which of the following? A. Domestic loan approvalsB. Cross-border remittancesC. ATM cash…
1. Which lake in Bihar has recently been declared India’s 94th Ramsar site? A. Kanwar LakeB. Gogabeel LakeC. Kabar LakeD. Baraila Lake✅ Answer: B. Gogabeel Lake 2. With the addition of Gogabeel Lake, how many Ramsar sites does India now have as of November 2025? A. 90B. 92C. 93D. 94✅ Answer: D. 94 3. The…
Question 1 What is the new GST rate structure announced by Finance Minister Nirmala Sitharaman, effective from September 22, 2025? A) Single rate at 12% B) Two-tier structure at 5% and 18% C) Three-tier at 6%, 12%, and 28% D) Flat rate at 15% Answer: B) Two-tier structure at 5% and 18% Finance Minister announced…
Current Affairs Quiz – September 01, 2025 10 Multiple Choice Questions for Competitive Exams Question 1: What was India’s GDP growth rate in Q1 FY 2025-26? A) 6.7% B) 7.2% C) 7.8% D) 8.1% Answer: C) 7.8% Question 2: Which bank was recently penalized by RBI with a fine of Rs 44.70 lakh? A) HDFC…
Quiz Instructions This quiz contains 10 Multiple Choice Questions (MCQs) based on current affairs from July 25, 2025 Each question has four options (A, B, C, D) Choose the most appropriate answer Answers are provided immediately after each question for quick reference Question 1 Which country signed a Comprehensive Economic and Trade Agreement with India…
CURRENT AFFAIRS QUIZ – JULY 7, 2025 Question 1: What is the new policy repo rate set by RBI in June 2025? A) 5.00% B) 5.25% C) 5.50% D) 5.75% Answer: C) 5.50% The RBI cut the policy repo rate by 50 basis points to 5.50% in a 5:1 MPC vote decision. Question 2: Which…
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)…
1. What is India’s foreign exchange reserves as of May 23, 2025? A) $692.72 billion B) $586.16 billion C) $83.58 billion D) $4.40 billion Answer: A) $692.72 billion 2. How much did the RBI transfer to the central government in its 2024-25 annual report? A) ₹1.5 lakh crore B) ₹2.69 lakh crore C) ₹8.3 lakh…
1. How many individuals were recently arrested in North India for alleged espionage linked to Pakistan? A) 10 B) 12 C) 14 D) 16 Answer: C) 14 2. Who launched the revamped Overseas Citizen of India (OCI) portal? A) Narendra Modi B) Amit Shah C) Rajnath Singh D) Nirmala Sitharaman Answer: B) Amit Shah 3….