NATIONAL CURRENT AFFAIRS – 06.07.2025 Political and Administrative Updates Parliament Monsoon Session Extended: The Monsoon Session of Parliament has been extended from July 21 to August 21, 2025, instead of the earlier scheduled conclusion on August 12. The session will have a two-day break on August 13-14 for Independence Day preparations. National Sports Policy 2025…
National News Updates Economic and Banking Developments RBI Monetary Policy Impact: The Reserve Bank of India’s recent monetary policy decision in June 2025 has significantly impacted the banking sector, with the repo rate being cut by 50 basis points to 5.50 percent, marking a substantial change from the previous accommodative stance to neutral. Digital India…
National News RBI Cuts Repo Rate by 50 Basis Points The Reserve Bank of India’s Monetary Policy Committee (MPC) concluded its meeting and announced a 50 basis points cut in the repo rate, bringing it down to 5.5%. The policy stance was changed to ‘Neutral’ due to a softer inflation outlook and a need to…
1. What significant development took place between India and Pakistan on 10 May 2025? A) Trade agreement B) Ceasefire agreement C) Joint military exercise D) Border opening Answer: B) Ceasefire agreement 2. Which Indian city saw the inauguration of Phase 2A of Metro Line 3, promising a one-ticket system across the region? A) Delhi B)…
The Reserve Bank of India (RBI) plays a pivotal role in managing India’s economy through its monetary policy. Understanding RBI’s monetary policy and open market operations (OMO) is crucial for students preparing for competitive exams such as RBI Grade B, SBI PO, IBPS Clerk, and NABARD. This article provides a comprehensive overview of the RBI’s…
