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…
Which country recently announced ‘Liberation Day’ tariffs on imports to protect its domestic industries? a) China b) United States c) India d) Japan Answer: b) United States What was the primary focus of the military drills conducted by China near Taiwan recently? a) Strengthening trade relations b) Deterrence against pro-independence forces c) Environmental protection exercises…
