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…
NATIONAL AFFAIRS Banking and Financial Sector Major Financial Changes Effective July 2025 Aadhaar verification becomes mandatory for new PAN card applications starting July 1, 2025 Cash Reserve Ratio (CRR) reduced by 100 basis points to support banking liquidity HDFC Bank implements 1% fee on monthly online gaming spends exceeding Rs 10,000 SBI revises Minimum Amount…
National News Updates Space Mission Achievement Axiom-4 Mission Launch: Indian astronaut Group Captain Shubhanshu Shukla successfully launched to the International Space Station (ISS) today at 12:01 PM IST as part of the Axiom-4 mission The mission marks India’s second human spaceflight after Rakesh Sharma’s 1984 journey The crew includes astronauts from Poland, Hungary, and former…
National Affairs Banking and Financial Sector Reserve Bank of India Monetary Policy Committee Meeting Commences RBI’s three-day Monetary Policy Committee meeting began on 04.06.2025 under Governor Sanjay Malhotra’s chairmanship Meeting scheduled to conclude on 06.06.2025 with policy announcement on Friday Economists predict a potential 50 basis points repo rate cut from current 6% to 5.75%…
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 Affairs 1. India-Pakistan Tensions Escalate India conducted targeted strikes on terror hubs in Pakistan and Pakistan-occupied Kashmir (PoK) under “Operation Sindoor” Pakistan fired multiple missiles targeting areas in Jammu and Kashmir; all were intercepted by India’s Air Defense Units Pakistan reportedly launched around 500 drones targeting over 24 Indian cities, successfully intercepted by Indian…
(English & Hindi) 1. Who is the Managing Director of the International Monetary Fund (IMF) as mentioned in the current affairs? अंतर्राष्ट्रीय मुद्रा कोष (IMF) की प्रबंध निदेशक कौन हैं जैसा कि करेंट अफेयर्स में उल्लेख किया गया है? A) Christine Lagarde B) Kristalina Georgieva C) Janet Yellen D) Ngozi Okonjo-Iweala Answer: B) Kristalina Georgieva…
International Affairs Trade and Economy IMF Managing Director Kristalina Georgieva warned about global economic growth being threatened by escalating trade tensions but stated the organization does not expect a global recession. अंतर्राष्ट्रीय मुद्रा कोष (IMF) की प्रबंध निदेशक क्रिस्टालिना जॉर्जीवा ने बढ़ते व्यापार तनावों से वैश्विक आर्थिक विकास के खतरे के बारे में चेतावनी दी,…
NATIONAL NEWS Industrial Growth: India’s industrial output rises 3% in March 2025, showing signs of economic recovery though still trailing last year’s 5.5% growth pace. India-US Trade Relations: India and the United States working on “side letters” to address non-tariff barriers outside the formal bilateral trade agreement framework, focusing on data protection and quality control….
1. What action did India take following the Pahalgam terror attack in Jammu and Kashmir? A) Launched airstrikes in Pakistan B) Revoked visas of Pakistani nationals C) Suspended trade with Iran D) Withdrew from the Indus Water Treaty Correct Answer: B) Revoked visas of Pakistani nationals 2. According to the World Bank report, India’s extreme…
