Quiz Questions Question 1: Who was appointed as the new CEO and MD of Life Insurance Corporation of India (LIC) in July 2025? a) Sat Pal Bhanoo b) R Doraiswamy c) Ashim Kumar Ghosh d) Kavinder Gupta Answer: b) R Doraiswamy Explanation: R Doraiswamy was appointed as the new CEO and MD of LIC for…
NATIONAL NEWS HIGHLIGHTS Government Appointments and Administrative Changes President Droupadi Murmu appointed new Governors for three states – Prof. Ashim Kumar Ghosh became Haryana’s Governor, Ashok Gajapathi Raju appointed for Goa, and Kavinder Gupta named as Ladakh’s new Lieutenant Governor Major judicial appointments approved – Justice Sanjeev Sachdeva appointed as Chief Justice of Madhya Pradesh…
Banking and Financial News RBI and Banking Updates Banks in Shillong remain closed on 14.07.2025 for Beh Deinkhlam festival All other cities across India have normal banking operations Digital banking services continue to operate normally despite physical branch closure in Shillong RBI fines HDFC Bank and Shriram Finance for regulatory violations Public Sector Banks planning…
National News Updates Major Headlines for Competitive Exams Bharat Bandh Disrupts Essential Services – A coalition of 10 central trade unions organized a nationwide strike on July 9, 2025, significantly disrupting banking, postal, transport, and mining sectors across India. Over 25 crore workers participated in the protest against government policies, causing widespread inconvenience to the…
National News Updates Government and Administration Union Minister C.R. Patil launches Unified Flood Forecasting System ‘C-FLOOD’ to enhance flood management capabilities across India Government renames NIPCCD as Savitribai Phule National Institute of Women and Child Development to honor the social reformer’s legacy Defence Ministry initiates arms procurement worth Rs 1 lakh crore including mine counter-measure…
National News Headlines Prime Minister Modi Celebrates 10 Years of Digital India Initiative PM Modi marked the 10th anniversary of Digital India program on July 1, 2025 Highlighted the transformative journey that empowered citizens and advanced digital governance Called it a decade of empowerment making India a global digital leader Focus on citizen empowerment and…
National News Updates Banking and Financial Sector Bank of India Dividend Record Date: Bank of India has set 20.06.2025 as the record date for its final dividend of ₹4.05 per equity share for FY25, with shareholders needing to hold shares by 19th June to be eligible for the dividend payment RBI Monetary Policy Impact: Following…
National News Updates Economic and Banking Sector RBI Monetary Policy Highlights: The Reserve Bank of India implemented a significant 50 basis points repo rate cut, bringing it down to 5.50% from 6.00%, marking the largest single rate reduction in recent years. The central bank also reduced the Cash Reserve Ratio (CRR) by 100 basis points…
NATIONAL NEWS Prime Minister Modi’s International Tour Prime Minister Narendra Modi embarked on a significant three-nation diplomatic tour starting with Cyprus on June 15, 2025 This marks the first visit by an Indian Prime Minister to Cyprus in over two decades, since former PM Atal Bihari Vajpayee’s visit in 2002 The tour includes participation in…
National Affairs and Government Updates Banking and Financial Sector Developments RBI Monetary Policy Update: The Reserve Bank of India maintained its aggressive monetary stance with a significant 50 basis points repo rate cut, bringing the rate down from previous levels. The central bank also announced a 100 basis points reduction in Cash Reserve Ratio (CRR)…
