Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 05th July 2025. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2025 & other competitive exams can make use of these Current Affairs Quiz.

 

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1) By what percentage did GST collections rise in June 2025 compared to the same month last year?

(a) 4.8%

(b) 5.5%

(c) 6.2%

(d) 7.8%

(e) 8.5%

2) Which regulatory body granted stockbroker and clearing member approval to MobiKwik Securities Broking Private Limited (MSBPL) on 1 July 2025?

(a) Reserve Bank of India (RBI)

(b) Insurance Regulatory and Development Authority of India (IRDAI)

(c) Ministry of Finance

(d) Securities and Exchange Board of India (SEBI)

(e) National Stock Exchange (NSE)

3) What was the total transaction volume recorded on UPI in June 2025?

(a) 18.40 billion

(b) 16.75 billion

(c) 15.10 billion

(d) 20.25 billion

(e) 17.20 billion

4) Recently, India’s gross Goods and Services Tax (GST) collections have doubled over the past five years, reaching a record ₹22.08 lakh crore in FY24-25, up from ₹11.37 lakh crore in FY21. The GST collections in FY25 grew by what percentage compared to FY24?

(a) 7.8%

(b) 8.2%

(c) 9.4%

(d) 10.1%

(e) 11.5%

5) As per the report, India’s Real GDP is expected to Grow Between 6.4% and 6.7% in FY26 -Confederation of Indian Industry. Who is the President of the Confederation of Indian Industry (CII) as of FY25–26?

(a) Sanjiv Bajaj

(b) T.V. Narendran

(c) R. Dinesh

(d) Rajiv Memani

(e) Natarajan Chandrasekaran

6) How much total long-term financing has the International Finance Corporation (IFC) committed to IndiGrid’s BESS project?

(a) ₹460 crore

(b) ₹420 crore

(c) ₹480 crore

(d) ₹500 crore

(e) ₹520 crore

7) As of June 30, 2025, what percentage of ₹2,000 banknotes issued as of May 19, 2023, have been returned to the banking system?

(a) 95.25%

(b) 96.80%

(c) 97.56%

(d) 98.29%

(e) 99.01%

8) As per the news, India overtook China to become the world’s fourth-largest biofuel consumer for the second consecutive year in 2024. What is its current rank as an energy consumer globally (as of 2025)?

(a) Second

(b) Third

(c) Fourth

(d) Fifth

(e) Sixth

9) What is the average time currently taken for environmental clearance (EC) for chemical projects in India?

(a) 255 days

(b) 321 days

(c) 365 days

(d) 402 days

(e) 451 days

10) Recently, Puducherry Pioneers tuberculosis Screening in the Family Adoption Programme. Which medical college in Puducherry is leading the student-led TB diagnosis and linkage initiative?

(a) JIPMER

(b) Mahatma Gandhi Medical College

(c) Pondicherry Institute of Medical Sciences

(d) Indira Gandhi Medical College (IGMC)

(e) Sri Venkateshwaraa Medical College

11) About the recent developments at Mahayogi Gorakhnath University, consider the following statements:

1. President Droupadi Murmu inaugurated an Auditorium, Academic Block, and Panchkarma Kendra, and laid the foundation stone for a Girls’ Hostel.
2. The university’s medical education integrates Allopathy and Ayurveda, and includes a planned 1,800-bed hospital.
3. The initiative aligns with the National Education Policy (NEP) 2020, emphasizing private universities' role in public welfare.
4. The project aims to improve education, healthcare, and women’s empowerment in eastern Uttar Pradesh.

Which of the above statements are correct?

Options:

(a) 2 and 4 only

(b) 1and 3 only

(c) 2 and 3 only

(d) 1 and 4 only

(e) All of the above

12) According to the NSE’s latest data, Gujarat now joins which two other states in crossing the 1 crore investor milestone?

(a) Maharashtra and Tamil Nadu

(b) Maharashtra and Karnataka

(c) Maharashtra and Uttar Pradesh

(d) Uttar Pradesh and West Bengal

(e) Tamil Nadu and Rajasthan

13) What is the total estimated value of the trade and investment pact between Indonesia and the United States?

(a) $25.1 billion

(b) $34 billion

(c) $40.7 billion

(d) $48.9 billion

(e) $52.3 billion

14) Recently, Amitabh Kant was appointed as a non-executive director to the board of which airline?

(a) Air India

(b) Vistara

(c) Akasa Air

(d) Go First

(e) IndiGo (InterGlobe Aviation)

15) Who has been appointed as the brand ambassador for A23 and features in the campaign for the EPIC Poker Championship?

(a) Ranveer Singh

(b) Allu Arjun

(c) Vicky Kaushal

(d) Hrithik Roshan

(e) Vijay Deverakonda

16) What is the total value of defence procurement proposals approved by the Defence Acquisition Council (DAC) in July 2025?

(a) ₹95,000 crore

(b) ₹1.05 lakh crore

(c) ₹1.15 lakh crore

(d) ₹1.25 lakh crore

(e) ₹1.50 lakh crore

17) As per the report, the Employment-Linked Incentive (ELI) scheme is being considered for merger with which internship programme?

(a) Skill India Mission

(b) PM Kaushal Vikas Yojana

(c) PM Internship Scheme (PMIS)

(d) National Career Service Scheme

(e) MGNREGA Internship Portal

18) Which Reliance-owned beauty platform will lead UK-based FACEGYM’s rollout in India?

(a) AJIO

(b) JioBeauty

(c) VIVA

(d) UrbanGlow

(e) Tira

19) Which two organizations signed an MoU to develop India’s first parametric weather derivatives?

(a) SEBI and IMD

(b) RBI and NCDEX

(c) NCDEX and IMD

(d) NABARD and IMD

(e) NCDEX and NITI Aayog

20) Which Sri Lankan institution has launched a Hindi Language Learning Programme in collaboration with the Swami Vivekananda Cultural Centre?

(a) University of Colombo

(b) General Sir John Kotelawala Defence University (KDU)

(c) Sri Lanka Army War College

(d) University of Peradeniya

(e) National Defence College, Sri Lanka

21) As of July 2025, what is the market capitalization of Nvidia, making it the world's most valuable tech company?

(a) $2.45 trillion

(b) $3.15 trillion

(c) $3.55 trillion

(d) $3.92 trillion

(e) $4.10 trillion

22) Recently in the news, the Kho Kho Federation of India(KKFI) Appoints New Leadership Team to Drive Domestic Growth and International Expansion. The KKFI is targeting the inclusion of Kho Kho in which future multi-sport events?

(a) Commonwealth Games 2026 and Asian Games 2030

(b) Asian Games 2030 and Olympic Games 2032

(c) Youth Olympics 2028 and Olympic Games 2032

(d) SAARC Games 2026 and Olympic Games 2028

(e) Asian Indoor Games 2027 and Olympic Games 2036

23) When is the International Day of Cooperatives 2025 observed?

(a) 1st July

(b) 5th July

(c) 7th July

(d) 6th July

(e) 4th July

24) As of July report, which state recently launched the Jan Suraksha Santrupti Abhiyan to expand coverage of welfare schemes?

(a) Gujarat

(b) Rajasthan

(c) Maharashtra

(d) Uttar Pradesh

(e) Madhya Pradesh

25) Which state’s Chief Minister inaugurated the Gorakhpur Link Expressway on June 20, 2025?

(a) Madhya Pradesh

(b) Uttarakhand

(c) Bihar

(d) Uttar Pradesh

(e) Jharkhand

Answers :

1) Answer: C

Short Explanation:

GST collections rose by 6.2% in June 2025 to ₹1.84 lakh crore, marking modest growth as India began the ninth year of GST implementation.

June collections were 8.5% lower than April’s peak, but the April–June quarter GST mop-up rose by 12% with tax buoyancy above 1.

Detailed Explanation:

GST collections rose by 6.2% in June 2025 to ₹1.84 lakh crore, marking modest growth as India began the ninth year of GST implementation.

June collections were 8.5% lower than April’s peak, but the April–June quarter GST mop-up rose by 12% with tax buoyancy above 1.

The GST Council currently has 33 members, as per Article 279A of the Constitution.

Members of the GST Council include:

Union Finance Minister (Chairperson)

Union Minister of State in charge of Revenue (Finance) from the Centre

Representatives from State Governments

The Quorum for GST Council meetings is one-third of the total members.

Decisions require approval by at least three-quarters (75%) of the votes of members present and voting.

Vote weightage:

The Central Government holds one-third (1/3) of total votes.

State Governments collectively hold two-thirds (2/3) of total votes.

GST Council classifies goods and services under five tax slabs:0%, 5%, 12%, 18%, and 28%.

The Finance Ministry has notified the constitution of 31 Appellate Tribunals across 28 States and 8 Union Territories for GST-related disputes.

The Goods and Services Tax Appellate Tribunal (GSTAT) will have around 44 benches nationwide.

2) Answer: D

Short Explanation:

On 1 July 2025, MobiKwik Securities Broking Private Limited (MSBPL) is a wholly-owned subsidiary of fintech firm MobiKwik received regulatory approval from the Securities and Exchange Board of India (SEBI) to act as a stock broker and clearing member.

The SEBI-issued certificate of registration allows MSBPL to conduct activities such as buying, selling, dealing, clearing, and settlement of equity trades.

Detailed Explanation:

On 1 July 2025, MobiKwik Securities Broking Private Limited (MSBPL) is a wholly-owned subsidiary of fintech firm MobiKwik received regulatory approval from the Securities and Exchange Board of India (SEBI) to act as a stock broker and clearing member.

The SEBI-issued certificate of registration allows MSBPL to conduct activities such as buying, selling, dealing, clearing, and settlement of equity trades.

This approval enables MobiKwik to accelerate growth in its wealth distribution vertical and expand offerings across the capital markets ecosystem.

The stock broking arm of MobiKwik, MSBPL, was incorporated in March 2025, with approval from the Ministry of Corporate Affairs (MCA).

MobiKwik plans to become a member of multiple stock and commodity exchanges both domestically and internationally.

Managing director (MD) and chief executive officer (CEO), MobiKwik : Bipin Preet Singh

3) Answer: A

Short Explanation:

In June 2025, Unified Payments Interface (UPI) recorded 18.40 billion transactions worth ₹24.04 lakh crore, showing a 32% annual growth in volume and 20% growth in value, as per NPCI data.

This was a slight drop from May 2025, when UPI transactions were worth ₹25.14 lakh crore.

Detailed Explanation:

In June 2025, Unified Payments Interface (UPI) recorded 18.40 billion transactions worth ₹24.04 lakh crore, showing a 32% annual growth in volume and 20% growth in value, as per NPCI data.

This was a slight drop from May 2025, when UPI transactions were worth ₹25.14 lakh crore.

The dip is attributed to seasonal effects, not a decline in adoption.

UPI daily averages in June:

613 million transactions per day

Daily value of ₹80,131 crore

Other digital payment platforms also saw a decline in June 2025:

Immediate Payment Service (IMPS):

448 million transactions worth ₹6.06 lakh crore

Down from 464 million and ₹6.41 lakh crore in May

Aadhaar Enabled Payment System (AePS):

Fell to 97 million transactions from 105 million

FASTag transactions:

Dropped to 386 million from 404 million

4) Answer: C

Short Explanation:

India’s gross Goods and Services Tax (GST) collections have doubled over the past five years, reaching a record ₹22.08 lakh crore in FY24-25, up from ₹11.37 lakh crore in FY21.

The FY25 GST collections represent a 9.4% year-on-year growth compared to ₹20.18 lakh crore collected in FY24.

Detailed Explanation:

India’s gross Goods and Services Tax (GST) collections have doubled over the past five years, reaching a record ₹22.08 lakh crore in FY24-25, up from ₹11.37 lakh crore in FY21.

The FY25 GST collections represent a 9.4% year-on-year growth compared to ₹20.18 lakh crore collected in FY24.

This marks the highest-ever annual GST collection since the rollout of the indirect tax system in July 2017.

The average monthly GST collection in FY25 was ₹1.84 lakh crore, up from ₹1.68 lakh crore in FY24 and ₹1.51 lakh crore in FY22.

Since its launch, GST has shown consistent growth with the number of registered taxpayers rising from 65 lakh in 2017 to more than 1.51 crore in 2025.

GST replaced around 17 state and central taxes and 13 cesses, streamlining India’s indirect tax system into a unified five-tier structure.

The GST system will complete eight years on July 1, 2025.

5) Answer: D

Short Explanation:

India’s real GDP growth is projected to be in the range of 6.4% to 6.7% in FY26, reaffirming India’s status as the fastest-growing major economy globally, according to the Confederation of Indian Industry (CII).

CII President Rajiv Memani stated that despite global economic and political volatility, India remains a bright spot in a fractured global economy.

Detailed Explanation:

India’s real GDP growth is projected to be in the range of 6.4% to 6.7% in FY26, reaffirming India’s status as the fastest-growing major economy globally, according to the Confederation of Indian Industry (CII).

CII President Rajiv Memani stated that despite global economic and political volatility, India remains a bright spot in a fractured global economy.

To meet development and infrastructure needs while ensuring fiscal balance, CII recommends:

Calibrated disinvestment of Public Sector Enterprises (PSEs).

PSEs account for about 10% of the total market capitalisation (~₹55 lakh crore).

Divesting 10% of this market cap could yield around ₹5 lakh crore.

6) Answer: A

Short Explanation:

The International Finance Corporation (IFC), part of the World Bank Group, has committed ₹460 crore ($55 million) in long-term financing to IndiGrid.

The funding is for the development of India’s largest standalone Battery Energy Storage System (BESS) in Gujarat.

Detailed Explanation:

The International Finance Corporation (IFC), part of the World Bank Group, has committed ₹460 crore ($55 million) in long-term financing to IndiGrid.

The funding is for the development of India’s largest standalone Battery Energy Storage System (BESS) in Gujarat.

The total financing includes:$38.5 million from IFC’s own account, $16.5 million in concessional funding from the Clean Technology Fund (CTF)

The investment will be made through listed non-convertible debentures.

IndiGrid’s Managing Director Harsh Shah stated that BESS is essential for flexible and reliable renewable energy deployment.

IFC’s Regional Director Imad Fakhoury noted the investment supports Gujarat’s goal of 100 GW renewable energy capacity by 2030 and could be a model for other states to scale up clean energy infrastructure.

7) Answer: D

Short Explanation:

The Reserve Bank of India (RBI) announced that 98.29% of the ₹2,000 banknotes in circulation as of May 19, 2023, have been returned by June 30, 2025.

The total value of ₹2,000 notes in circulation was ₹3.56 lakh crore as of May 19, 2023, when their withdrawal was announced.

As of June 30, 2025, the value of ₹2,000 notes in circulation has dropped to just ₹6,099 crore.

Detailed Explanation:

The Reserve Bank of India (RBI) announced that 98.29% of the ₹2,000 banknotes in circulation as of May 19, 2023, have been returned by June 30, 2025.

The total value of ₹2,000 notes in circulation was ₹3.56 lakh crore as of May 19, 2023, when their withdrawal was announced.

As of June 30, 2025, the value of ₹2,000 notes in circulation has dropped to just ₹6,099 crore.

The ₹2,000 banknotes continue to be legal tender, despite the withdrawal from circulation.

The deposit and/or exchange facility for ₹2,000 notes was available at all bank branches across India until October 07, 2023.

The exchange facility continues to be available at RBI’s 19 Issue Offices since May 19, 2023.

The RBI stated that ₹2,000 notes were not commonly used for transactions, and other denominations were sufficient to meet public currency needs.

The withdrawal of the ₹2,000 notes was part of RBI’s ‘Clean Note Policy’.

8) Answer: B

Short Explanation:

India overtook China to become the world’s fourth-largest biofuel consumer for the second consecutive year in 2024.

Between 2014 and 2024, India’s biofuel consumption grew at a compound annual growth rate (CAGR) of 31.8%, making it the third-largest energy consumer globally.

Detailed Explanation:

India overtook China to become the world’s fourth-largest biofuel consumer for the second consecutive year in 2024.

However, India still lags behind China in terms of biofuel production.

According to the Statistical Review of World Energy 2025, published by The Energy Institute (EI) in collaboration with Kearney and KPMG, India’s biofuel consumption rose by 40% year-on-year to 77 thousand barrels of oil equivalent per day (kbbloe/d) in 2024.

Between 2014 and 2024, India’s biofuel consumption grew at a compound annual growth rate (CAGR) of 31.8%, making it the third-largest energy consumer globally.

In contrast, China’s biofuel consumption increased by 18% year-on-year to 60 kbbloe/d in 2024.

Biofuels include biogasoline (such as ethanol) and biodiesel, including sustainable aviation fuels (SAF).

9) Answer: E

Short Explanation:

In its report “Chemical Industry: Powering India’s Participation in Global Value Chains,” NITI Aayog highlights that 90% of chemical projects face delays, with average clearance taking 451 days—196 days longer than the prescribed 255-day limit—and proposes reforms to reduce this to six months.

Detailed Explanation:

In its report “Chemical Industry: Powering India’s Participation in Global Value Chains,” NITI Aayog highlights that 90% of chemical projects face delays, with average clearance taking 451 days—196 days longer than the prescribed 255-day limit—and proposes reforms to reduce this to six months.

Current Delay Crisis: Average EC time is 451 days (vs. 255 days standard); India’s process exceeds the US one-year and EU 12–18 month timelines, inflating costs and stalling industrial growth.

Dedicated Oversight Committee: To be set up under the Ministry of Commerce & Industries by 2026, aiming for <10% project delays, working with the Environment Ministry and issuing quarterly progress reports.

Empowering Expert Appraisal Committee: Grant full decision-making autonomy and eliminate EIAA validation, saving up to 45 days. Introduce provisional “deemed” clearances pending final EC.

10) Answer: D

Puducherry has become the first Union Territory in India to integrate tuberculosis screening into the Family Adoption Programme (FAP), leveraging collaboration among medical colleges, students, and the health department to strengthen early detection and community-based TB elimination.

Family Adoption Programme (FAP) Enhancement: Under the National Medical Commission mandate, medical students adopt 3–5 families for three years of outreach; now, all family members undergo routine TB screening during follow-up visits.

Student-Led Diagnosis & Treatment Linkage: At Indira Gandhi Medical College (IGMC), students trained in community medicine—led by Dr. Kavita Vasudevan—identify TB symptoms, facilitate diagnostic testing, and ensure timely treatment initiation.

11) Answer: E

The President of India, Smt. Droupadi Murmu, inaugurated an Auditorium, an Academic Block, and a Panchkarma Kendra, and laid the foundation stone for a Girls’ Hostel at Mahayogi Gorakhnath University, enhancing education, healthcare, and women’s empowerment in eastern Uttar Pradesh.

Holistic Medical Education: University’s Medical College and Ayurveda College integrate Allopathy and Ayurveda, complemented by the Shri Gorakshanath Medical College Hospital’s planned 1,800-bed facility.

Girls’ Hostel Foundation: New hostel to provide safe accommodation for female students, addressing a critical barrier to women’s higher education.

Alignment with NEP 2020: Emphasized the role of private universities in public welfare and philanthropy under the National Education Policy.

Regional Impact: First private university in Gorakhpur and Purvanchal, now a hub for higher education and job-oriented learning.

Inclusive Growth Vision: President Murmu underscored that better education and healthcare in Purvanchal will drive inclusive development for Uttar Pradesh and India.

12) Answer: C

Short Explanation:

Gujarat has become the third state in India to surpass one crore registered stock market investors, according to the NSE’s latest data, underscoring its burgeoning financial participation.

One-Crore Milestone: Gujarat joins Maharashtra and Uttar Pradesh as the only states with 10 million+ investors, collectively accounting for 36% of India’s total investor base.

Detailed Explanation:

Gujarat has become the third state in India to surpass one crore registered stock market investors, according to the NSE’s latest data, underscoring its burgeoning financial participation.

One-Crore Milestone: Gujarat joins Maharashtra and Uttar Pradesh as the only states with 10 million+ investors, collectively accounting for 36% of India’s total investor base.

National Investor Base: India hit 11.5 crore registered investors by May 2025, adding 11 lakh new entrants that month (up 9% MoM).

Growth Timeline:

9 cr by Feb 2024

10 cr by Aug 2024

11 cr by Jan 2025

13) Answer: E

Short Explanation:

Indonesia will sign a trade and investment pact worth $52.3 billion (equivalent to $US 34 billion) with the United States on July 7, 2025 to avoid tougher tariffs due next week.

The deal requires Indonesia to increase imports of US fuels and involves Indonesian investment in the US energy and agriculture sectors.

Garuda Indonesia, the national flag carrier, is in talks to purchase up to 75 jets from Boeing, potentially including 737 Max 8 and 787 jets.

Detailed Explanation:

Indonesia will sign a trade and investment pact worth $52.3 billion (equivalent to $US 34 billion) with the United States on July 7, 2025 to avoid tougher tariffs due next week.

The deal requires Indonesia to increase imports of US fuels and involves Indonesian investment in the US energy and agriculture sectors.

Garuda Indonesia, the national flag carrier, is in talks to purchase up to 75 jets from Boeing, potentially including 737 Max 8 and 787 jets.

Indonesia faces a 32% tariff in US markets and had previously offered to increase US imports to ease trade tensions.

US President Donald Trump announced global tariffs on imports in April but paused most tariffs for 90 days to allow for negotiations.

The US-Vietnam deal reduced Vietnam’s tariff from 46% to 20%, and Indonesia aims for a better trade deal than Vietnam’s by addressing the trade balance with the US.

14) Answer: E

InterGlobe Aviation, the operator of IndiGo, India’s largest domestic airline, has appointed Amitabh Kant as a non-executive director on its board.

Amitabh Kant is a former IAS officer from the 1980 cadre.

He served as G20 Sherpa and stepped down from the role in June 2025.

Previously, Kant was the CEO of NITI Aayog for six years.

He played a key role in major government initiatives such as Make in India and Startup India during his tenure in various state and central government roles.

15) Answer: C

Short Explanation:

Head Digital Works (A23), India's leading online skill-gaming company with over 80 million registered players, has launched the EPIC Poker Championship.

Vicky Kaushal has been appointed as the brand ambassador of A23 and features in the campaign for the EPIC Poker Championship.

Detailed Explanation:

Head Digital Works (A23), India's leading online skill-gaming company with over 80 million registered players, has launched the EPIC Poker Championship.

Vicky Kaushal has been appointed as the brand ambassador of A23 and features in the campaign for the EPIC Poker Championship.

The EPIC Poker Championship is a 19-day multiple-format poker festival with a guaranteed prize pool and will conclude with a mega finale in Goa.

The brand film will be launched in multiple languages – Hindi, Kannada, Tamil, and Marathi – across major OTT and OLV platforms.

16) Answer: B

Short Explanation:

The Defence Acquisition Council (DAC) approved the purchase of assorted equipment worth Rs 1.05 lakh crore for the armed forces, all sourced from indigenous (made-in-India) manufacturers.

Detailed Explanation:

The Defence Acquisition Council (DAC) approved the purchase of assorted equipment worth Rs 1.05 lakh crore for the armed forces, all sourced from indigenous (made-in-India) manufacturers.

This is the first major defence procurement decision after Operation Sindoor, highlighting India's enhanced precision air strike capabilities.

The DAC, headed by Defence Minister Rajnath Singh, granted Acceptance of Necessity (AoN) for 10 capital acquisition proposals including:

Armoured recovery vehicles

Electronic warfare systems

Integrated common inventory management system for the tri-services

Surface-to-air missiles

17) Answer: C

Short Explanation:

The Employment-Linked Incentive (ELI) scheme, recently approved by the Cabinet, may be merged with the PM Internship Scheme (PMIS) to boost job creation more effectively.

Detailed Explanation:

The Employment-Linked Incentive (ELI) scheme, recently approved by the Cabinet, may be merged with the PM Internship Scheme (PMIS) to boost job creation more effectively.

The Ministry of Corporate Affairs (MCA), which manages PMIS, and the Ministry of Labour and Employment, which oversees the ELI scheme, have held discussions on integrating both schemes.

Integration aims to benefit interns by improving their chances of regular employment after training, and companies absorbing interns will get additional incentives under the ELI scheme.

There are also talks to integrate National Apprenticeship Promotion Scheme (NAPS) and National Apprenticeship Training Scheme (NATS) with the ELI scheme to create synergy among employment and skill development programmes.

18) Answer: E

Reliance Retail Ventures Limited. has made a strategic minority investment in United Kingdom (UK)-based FACEGYM, expanding its presence in the beauty and wellness sector.

FACEGYM is known for non-invasive facial workouts and advanced skincare techniques.

FACEGYM plans to enter the Indian market through standalone studios and select Tira stores over the next five years.

Tira, Reliance’s beauty platform, will lead the brand’s Indian rollout, utilizing Reliance’s extensive 19,340-store retail network.

This move capitalizes on the rising interest of Indian consumers in science-backed beauty innovations.

19) Answer: C

Short Explanation:

The National Commodity and Derivatives Exchange (NCDEX) and the India Meteorological Department (IMD) have entered into an MoU to develop India’s first parametric weather derivatives, enabling stakeholders to hedge climate-related risks using historical and real-time weather data.

Detailed Explanation:

The National Commodity and Derivatives Exchange (NCDEX) and the India Meteorological Department (IMD) have entered into an MoU to develop India’s first parametric weather derivatives, enabling stakeholders to hedge climate-related risks using historical and real-time weather data.

First Parametric Weather Derivatives: MoU signed in late June, laying the foundation for a rainfall-based derivative product and other weather-linked contracts.

Data Partnership: NCDEX will leverage IMD’s historical & real-time datasets to construct robust weather indices.

Risk Management Tool: Designed to help farmers, agri-traders, and allied sectors hedge against erratic rainfall, heatwaves, and unseasonal events.

Capacity Building & Research: Joint initiatives for training Farmer Producer Organisations (FPOs), policy think tanks, and market analysts on weather risk instruments.

20) Answer: B

General Sir John Kotelawala Defence University (KDU) in Colombo, in collaboration with the Swami Vivekananda Cultural Centre (SVCC), has introduced a Hindi Language Learning Programme to foster cultural understanding and academic cooperation between India and Sri Lanka.

Inauguration: Launched by High Commissioner Santosh Jha and KDU Vice Chancellor Rear Admiral HGU Dammika Kumara, attended by senior military and academic leaders.

21) Answer: D

Short Explanation:

Nvidia’s market capitalization has soared to $3.92 trillion, driven by unprecedented demand for its AI chips, positioning it to surpass Apple and redefine the technology landscape.

Detailed Explanation:

Nvidia’s market capitalization has soared to $3.92 trillion, driven by unprecedented demand for its AI chips, positioning it to surpass Apple and redefine the technology landscape.

Record Market Cap: Reached $3.92 trillion, eclipsing Apple’s $3.915 trillion peak on December 26, 2024.

AI Boom Catalyst: Dominance in high-end AI processors—essential for training large language and vision models—has fueled a 68% stock surge since April.

Major Customers:Microsoft, Amazon, Meta, Alphabet, and Tesla are all investing heavily in Nvidia’s GPUs for their AI data centers.

22) Answer: B

Short Explanation:

The Kho Kho Federation of India (KKFI) has unveiled a comprehensive leadership lineup—comprising Vice Presidents, Joint Secretaries, and Executive Members—to promote and develop Kho Kho across India and globally.

Target inclusion in the Asian Games 2030 and Olympic Games 2032

Detailed Explanation:

The Kho Kho Federation of India (KKFI) has unveiled a comprehensive leadership lineup—comprising Vice Presidents, Joint Secretaries, and Executive Members—to promote and develop Kho Kho across India and globally.

Eight Vice Presidents

Four Joint Secretaries

Thirteen Executive Members representing India’s diverse regions to support school, college, and community outreach

Global Aspirations led by former MP Rajeev Mittal:

58 → 90 countries playing Kho Kho within the year

Presentation to the International Olympic Committee upon reaching 90 nations

Target inclusion in the Asian Games 2030 and Olympic Games 2032

23) Answer: B

International Day of Cooperatives 2025 is observed all over the world on the 1st Saturday of July. This year, the world will celebrate International Day of Cooperatives on 5th July.

The theme for International Cooperatives Day 2025 is “Cooperatives Build a Better World.”

24) Answer: A

Gujarat Chief Minister Bhupendra Patel launched the Jan Suraksha Santrupti Abhiyan in Gandhinagar, marking the start of a national campaign aimed at bringing unserved eligible citizens under the ambit of key government welfare schemes.

25) Answer: D

On June 20, 2025, Uttar Pradesh Chief Minister Yogi Adityanath inaugurated the Gorakhpur Link Expressway in Azamgarh, marking a significant milestone in the state’s infrastructure development.