Economic and Banking Affairs Reserve Bank of India (RBI) Monetary Policy Committee Meeting RBI MPC meeting commenced on 04.06.2025 under the leadership of Governor Sanjay Malhotra, marking the second policy meeting of FY 2025-26 Strong expectations for third consecutive rate cut of 25 basis points, which would reduce the repo rate from current 6% to…
International Affairs Ukraine Launches Major Drone Strike on Russian Military Bases Ukraine conducted a large-scale drone attack on Russian military installations, hitting over 40 aircraft across four air bases simultaneously The operation was carried out by Ukraine’s SBU security agency and is being termed as Russia’s “Trojan horse moment” The attack involved FPV (First Person…
1. What was the codename of Ukraine’s largest drone attack on Russian airbases on June 1, 2025? A) Thunderstrike B) Spiderweb C) Iron Fist D) Skyfall Answer: B) Spiderweb 2. How many consecutive repo rate cuts has the RBI announced by June 2025? A) 1 B) 2 C) 3 D) 4 Answer: C) 3 3….
International Affairs and Geopolitical Developments Ukraine-Russia Conflict Escalation Ukraine executed its largest single-day drone attack operation since the war began, targeting Russian military airbases across five regions The operation codenamed “Spiderweb” successfully targeted 41 strategic Russian aircraft at multiple locations Drone strikes hit airbases in Murmansk, Irkutsk, Novgorod, Ryazan, and Amur regions Initial damage assessments…
National Events and Political Developments Prime Minister’s Infrastructure Initiatives in Madhya Pradesh PM Modi attended the Mahila Sashaktikaran Mahasammelan in Bhopal on May 31, 2025, commemorating the 300th birth anniversary of Lokmata Devi Ahilyabai Holkar Over 2 lakh women participated in the event held at Jamboree Ground, Bhopal PM Modi virtually inaugurated Indore Metro’s first…
NATIONAL AFFAIRS Prime Minister’s Bihar Visit PM Narendra Modi commenced a significant two-day visit to Bihar on 29.05.2025 Inaugurated new terminal at Patna Airport and flagged off construction of Bihta Airport Conducted a 5-kilometer roadshow from airport to BJP headquarters in Patna 32 stages were set up along the roadshow route with participation from 35…
National Affairs – India Economic and Financial Developments India’s Economic Growth Trajectory: India is positioned to overtake Japan as the world’s fourth-largest economy by nominal GDP in 2025, with projections showing India at $4,187.02 billion compared to Japan’s $4,186.43 billion IMF Economic Projections: The International Monetary Fund estimates India’s GDP growth at 6.2% in FY26…
NATIONAL EVENTS Economic and Financial News Record FDI Achievement: India attracted its highest-ever Foreign Direct Investment (FDI) inflow of USD 81.04 billion in financial year 2024-25, marking a 14% increase from the previous year’s USD 71.28 billion Sectoral Performance: Services sector emerged as the largest FDI recipient with 19% share, followed by computer software and…
National Events and Government Updates Health and Public Welfare COVID-19 Cases Rising Across India New surge in COVID-19 cases reported nationwide Kerala, Maharashtra, and Delhi recording highest infection rates Health authorities issue advisory for preventive measures Hospitals experiencing increased patient admissions Political Developments Karnataka BJP MLA Suspensions Revoked Suspension of 18 BJP MLAs lifted after…
1. What was the total value of railway projects inaugurated in Gujarat as per the National Affairs section? A) ₹50,000 crores B) ₹67,000 crores C) ₹77,000 crores D) ₹85,000 crores Answer: C) ₹77,000 crores 2. How many soldiers were exchanged in the Russia-Ukraine prisoner swap mentioned in the International Affairs section? A) 250 B) 307…
