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…
1. By how many basis points did the RBI reduce the repo rate in its June 2025 policy meeting? a) 25 bps b) 40 bps c) 50 bps d) 75 bps Answer: c) 50 bps 2. Which bridge on the Udhampur-Srinagar-Baramulla Rail Link is the world’s highest railway bridge? a) Anji Khad Bridge b) Chenab…
NATIONAL AFFAIRS Infrastructure Development Mumbai-Nagpur Samruddhi Expressway Final Phase Inaugurated Maharashtra CM Devendra Fadnavis inaugurated the final 76-km stretch from Igatpuri to Amane on 05.06.2025 The complete 701-km expressway is now fully operational Travel time reduced from 16-18 hours to just 8 hours between Mumbai and Nagpur Project cost: Rs 55,000 crore Maximum speed limit:…
National Affairs – 24.05.2025 Prime Minister and Government Updates NITI Aayog Governing Council Meeting: Prime Minister Narendra Modi chaired the 10th Governing Council meeting of NITI Aayog in New Delhi, focusing on the strategy for Viksit Bharat 2047 Key Agenda Items: The meeting discussed industrial development, social inclusion, environmental sustainability, and digital governance initiatives State…
National Affairs Supreme Court Developments Puja Khedkar Bail Case: Supreme Court granted anticipatory bail to former IAS probationer Puja Khedkar in the UPSC cheating case, with Justice B V Nagarathna remarking “she is not a terrorist” and has “lost everything” Bail Conditions: Court imposed cash security of Rs 25,000 with two sureties and directed complete…
International Affairs Israel-Gaza Conflict: Israel announced on May 19 that the first humanitarian aid trucks have entered Gaza. The country will allow “minimal aid” into the region while intensifying air and ground operations in Gaza’s second-largest city. Former US President’s Health Crisis: Former President Joe Biden revealed on May 19 that he has been diagnosed…
Question 1 What is the new repo rate announced by the RBI in its latest policy meeting? A) 5.75% B) 6.00% C) 6.25% D) 6.50% Answer: B) 6.00% Question 2 Which Union Minister inaugurated projects worth ₹708 crore in Gujarat on 17.05.2025? A) Nitin Gadkari B) Amit Shah C) Rajnath Singh D) Piyush Goyal Answer:…
National News RBI Cuts Repo Rate to 6%: The Reserve Bank of India reduced the repo rate by 25 basis points to 6% to boost economic growth. GDP is projected to grow at 6.5% for FY 2025–26. The central bank shifted its policy stance to “accommodative,” signaling potential future rate cuts. Amit Shah Inaugurates Projects…
National Affairs New Chief Justice of India Justice Bhushan Ramakrishna Gavai was sworn in as the 52nd Chief Justice of India on 14.05.2025. He succeeded Justice Sanjiv Khanna after his appointment was confirmed by the Ministry of Law and Justice. Justice Gavai is the first Buddhist to hold the position of CJI and only the…
National Affairs Buddha Purnima Celebrations Across India: Buddha Purnima was celebrated with great fervor across India on May 12, 2025. The day marks the birth, enlightenment, and death of Gautama Buddha. Special prayers and ceremonies were held at major Buddhist sites including Bodh Gaya, Sarnath, and Kushinagar. National Technology Day Observed: India observed National Technology…
