Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 08th 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) Which US-based proprietary trading firm has SEBI recently barred from participating in Indian securities markets?

(a) Citadel Securities

(b) Renaissance Technologies

(c) Jane Street

(d) Two Sigma

(e) Bridgewater Associates

2) With the inclusion of Colombia and Uzbekistan, how many total member countries does the NDB now have?

(a) 11

(b) 10

(c) 13

(d) 12

(e) 15

3) What is the combined stake held by Public Sector Units (PSUs) in the National Stock Exchange (NSE)?

(a) 15%

(b) 18%

(c) 20%

(d) 23%

(e) 25%

4) By which month and year will all Indian post offices be enabled to accept UPI payments at counters?

(a) December 2024

(b) March 2025

(c) October 2025

(d) January 2026

(e) August 2025

5) What is the new extended deadline for central government employees to choose between the Unified Pension Scheme (UPS) and the National Pension System (NPS)?

(a) June 30, 2025

(b) July 31, 2025

(c) September 30, 2025

(d) December 31, 2025

(e) March 31, 2026

6) Which is the third Indian state to cross over 1 crore registered stock market investors as per NSE data?

(a) Tamil Nadu

(b) Gujarat

(c) Karnataka

(d) Delhi

(e) Rajasthan

7) Which state launched the Pandit Deendayal Upadhyay Poverty-Free Village Scheme?

(a) Uttar Pradesh

(b) Rajasthan

(c) Gujarat

(d) Madhya Pradesh

(e) Haryana

8) What specific outdated global institutions did PM Modi call for reforming during the BRICS Summit?

(a) UNESCO, WHO, and FAO

(b) NATO, G20, and OPEC

(c) UN Security Council, IMF, World Bank, and WTO

(d) G7, ASEAN, and OECD

(e) ADB, IAEA, and G77

9) Recently, Union Minister Dr. Jitendra Singh inaugurated India’s first National Biobank at the CSIR-Institute of Genomics and Integrative Biology (IGIB), New Delhi. The Indian National Biobank is modeled on the biobank of which country?

(a) USA

(b) Germany

(c) Australia

(d) United Kingdom

(e) Japan

10) Which Indian state became the first to implement Aadhaar-linked face authentication (FaceAuth) for ration delivery under PDS in 2025?

(a) Kerala

(b) Himachal Pradesh

(c) Gujarat

(d) Telangana

(e) Uttarakhand

11) What is India’s global rank in income equality according to the 2025 Gini Index report by the World Bank?

(a) 1^st

(b) 2^nd

(c) 3^rd

(d) 4^th

(e) 5^th

12) According to the Statistical Review of World Energy 2025, which country became the world’s fourth-largest biofuel consumer in 2024?

(a) India

(b) Brazil

(c) China

(d) Indonesia

(e) United States

13) Who presented the ‘Key to the City’ to PM Narendra Modi in Buenos Aires?

(a) Javier Milei

(b) Jorge Macri

(c) Alberto Fernández

(d) General San Martin

(e) Mauricio Macri

14) Who became the first Indian actress to be selected for a star on the Hollywood Walk of Fame?

(a) Priyanka Chopra

(b) Aishwarya Rai Bachchan

(c) Alia Bhatt

(d) Deepika Padukone

(e) Rani Mukerji

15) Who has been elected as the first female President of Suriname?

(a) Chandrikapersad Santokhi

(b) Jennifer Geerlings-Simons

(c) Desi Bouterse

(d) Irfaan Ali

(e) Sandra Mason

16) As per SEBI’s Minimum Public Shareholding (MPS) norms, what is the minimum public shareholding required in listed companies?

(a) 10%

(b) 20%

(c) 15%

(d) 25%

(e) 30%

17) Where was the 8th edition of Exercise Shakti held in 2025?

(a) India – Rajasthan

(b) France – Paris

(c) France – Aveyron and Herault

(d) India – Ladakh

(e) France – Normandy

18) Recently, where will Safran Aerospace set up its new engine service facility in India?

(a) Bengaluru

(b) Chennai

(c) Hyderabad

(d) Pune

(e) Nagpur

19) Recently, India has established its first Equine Disease-Free Compartment (EDFC), recognised globally by the World Organisation for Animal Health (WOAH) on 3rd July 2025. Where is India’s first Equine Disease-Free Compartment (EDFC) located?

(a) Hissar, Haryana

(b) Pune, Maharashtra

(c) Bikaner, Rajasthan

(d) Meerut Cantonment, Uttar Pradesh

(e) Ludhiana, Punjab

20) What is the purpose of the newly launched PARAKH RashtriyaSarvekshan Dissemination Portal?

(a) To register private coaching centers

(b) To manage online school examinations

(c) To provide open access to student performance data

(d) To issue digital marksheets for board exams

(e) To track teacher attendance across states

21) As of July 2025, which new political party was announced by Elon Musk, leading to a dispute with Donald Trump?

(a) Liberty Party

(b) Freedom First Party

(c) America Party

(d) New Republican Front

(e) United States Reform Party

22) Which Indian company has become the first to receive IN-SPACe authorization to launch broadband-from-space services?

(a) Bharat Electronics

(b) Larsen & Toubro

(c) Reliance Jio

(d) Ananth Technologies

(e) Tata Advanced Systems

23) Recently, the Indian Institute of Science Bengaluru, Launchedthe BHARAT Initiative on Healthy Aging Under the Longevity India Program. What is the main aim of the BHARAT study?

(a) To study cancer risk factors in Indians

(b) To build the Bharat Biobank for gene therapy

(c) To map indicators that influence ageing in Indians

(d) To promote youth wellness and productivity

(e) To detect COVID variants in elderly

24) How many gold medals did India secure at the World Boxing Cup 2025 held in Astana, Kazakhstan?

(a) 3

(b) 2

(c) 6

(d) 4

(e) 5

25) Who won the 2025 British Grand Prix held at Silverstone?

(a) Max Verstappen

(b) Lewis Hamilton

(c) Oscar Piastri

(d) Lando Norris

(e) Charles Leclerc

26) Where did India achieve their largest away Test victory in 2025?

(a) Lord's

(b) Headingley

(c) The Oval

(d) Edgbaston

(e) Old Trafford

27) As per the report, India has officially announced its intention to bid for hosting rights of the World Athletics Championships in 2029 or 2031. Who announced India's intention to bid for the World Athletics Championships?

(a) AdilleSumariwalla

(b) Anurag Thakur

(c) Neeraj Chopra

(d) PT Usha

(e) Abhinav Bindra

28) On which date is World Rural Development Day celebrated annually?

(a) June 30

(b) July 1

(c) July 6

(d) July 15

(e) August 12

29) On which date is Global Forgiveness Day observed annually?

(a) July 6

(b) July 7

(c) June 7

(d) August 7

(e) July 17

30) Which two Indian states are collaborating to establish the country’s first inter-state cheetah conservation corridor?

(a) Gujarat and Maharashtra

(b) Rajasthan and Madhya Pradesh

(c) Uttar Pradesh and Uttarakhand

(d) Chhattisgarh and Odisha

(e) Karnataka and Kerala

Answers :

1) Answer: C

Short Explanation:

The Securities and Exchange Board of India (SEBI) has barred United States (US)-based proprietary trading firm Jane Street and its affiliates from participating in Indian securities markets.

The ban is due to alleged manipulation in index derivatives, specifically in Bank Nifty options.

Detailed Explanation:

The Securities and Exchange Board of India (SEBI) has barred United States (US)-based proprietary trading firm Jane Street and its affiliates from participating in Indian securities markets.

The ban is due to alleged manipulation in index derivatives, specifically in Bank Nifty options.

SEBI has ordered the impounding of ₹4,844 crore in unlawful gains, to be held in an escrow account.

The interim order, following a detailed investigation, found that Jane Street conducted aggressive, strategically timed trades in Bank Nifty component stocks and futures on expiry days.

These trades were allegedly designed to manipulate expiry prices and benefit from large positions in index options, violating SEBI’s PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) regulations.

2) Answer: A

Short Explanation:

Colombia and Uzbekistan have officially joined the New Development Bank (NDB), expanding the membership of the multilateral lender known as the BRICS Bank.

The announcement was made following the 10th meeting of the NDB's Board of Directors, ahead of the 17th BRICS Summit.

With the addition of Colombia and Uzbekistan, the NDB's total membership has increased to 11 countries.

Detailed Explanation:

Colombia and Uzbekistan have officially joined the New Development Bank (NDB), expanding the membership of the multilateral lender known as the BRICS Bank.

The announcement was made following the 10th meeting of the NDB's Board of Directors, ahead of the 17th BRICS Summit.

With the addition of Colombia and Uzbekistan, the NDB's total membership has increased to 11 countries.

Current members include:Brazil, Russia, India, China, South Africa (founding members)

Bangladesh, United Arab Emirates, Egypt, Algeria, Colombia, and Uzbekistan.

The NDB was established in 2015 by the BRICS nations to mobilize resources for infrastructure and sustainable development projects in BRICS and other emerging market economies and developing countries.

3) Answer: D

Short Explanation:

Three Public Sector Units (PSUs) hold a combined 23% stake in the National Stock Exchange (NSE), valued at over ₹1.3 lakh crore based on a share price of ₹2,325.

Detailed Explanation:

Three Public Sector Units (PSUs) hold a combined 23% stake in the National Stock Exchange (NSE), valued at over ₹1.3 lakh crore based on a share price of ₹2,325.

The PSUs include: LIC (10.7% stake, ₹61,525 crore), Stock Holding Corporation of India (SHCIL) (4.4%, ₹25,300 crore), SBI (3.23%) and SBI Caps (4.33%) with a combined SBI value of approx. ₹43,470 crore.

NSE’s current market capitalization stands at ₹5.75 lakh crore.

NSE is the world’s largest exchange by derivative contracts traded and the seventh largest globally by market cap of listed firms (as of May 31, 2025).

SEBI Chairman Tuhin Kanta Pandey confirmed the NSE IPO process is on track, with most paperwork completed.

4) Answer: E

Short Explanation:

The Department of Posts will enable all Indian post offices to accept digital payments via UPI at their counters by August 2025.

This initiative is part of IT 2.0, a major overhaul of IT infrastructure incorporating dynamic QR code-based payment systems for faster, safer, and easier postal transactions.

Detailed Explanation:

The Department of Posts will enable all Indian post offices to accept digital payments via UPI at their counters by August 2025.

This initiative is part of IT 2.0, a major overhaul of IT infrastructure incorporating dynamic QR code-based payment systems for faster, safer, and easier postal transactions.

The Department of Posts has played a key role in financial inclusion through products like India Post Payments Bank (IPPB) but previously lacked digital payment acceptance at counters, limiting convenience for over 500 million consumers.

A pilot rollout has started in the Karnataka postal circle, with successful QR-based bookings at Mysore Head Office, Bagalkot Head Office, and subordinate branches.

5) Answer: C

Short Explanation:

The Finance Ministry has extended the deadline to choose between Unified Pension Scheme (UPS) and National Pension System (NPS) to September 30, 2025, from the earlier deadline of June 30, 2025.

Detailed Explanation:

The Finance Ministry has extended the deadline to choose between Unified Pension Scheme (UPS) and National Pension System (NPS) to September 30, 2025, from the earlier deadline of June 30, 2025.

The extension provides more time for central government employees to decide whether to switch to UPS or stay with NPS.

The Unified Pension Scheme (UPS) was launched on April 1, 2025, as an alternative to NPS.

UPS offers an assured pension payout and a lump sum payout on retirement, unlike NPS which does not guarantee assured pension payouts.

6) Answer: B

Short Explanation:

Gujarat has become the third state in India to record over 1 crore registered stock market investors, according to the National Stock Exchange (NSE) data.

Gujarat has joined Maharashtra and Uttar Pradesh in crossing the one-crore investor mark.

Together, these three states account for 36% of the total stock market investor base in India.

Detailed Explanation:

Gujarat has become the third state in India to record over 1 crore registered stock market investors, according to the National Stock Exchange (NSE) data.

Gujarat has joined Maharashtra and Uttar Pradesh in crossing the one-crore investor mark.

Together, these three states account for 36% of the total stock market investor base in India.

As of May 2025, India has nearly 11.5 crore registered investors.

Region-wise investor distribution:

North India leads with 4.2 crore investors.

West India has 3.5 crore investors.

South India has 2.4 crore investors.

East India accounts for 1.4 crore investors.

Investor growth in the last one year:

North India: 24% increase.

East India: 23% increase.

South India: 22% increase.

West India: 17% increase.

7) Answer: B

Short Explanation:

Rajasthan government launched the Pandit Deendayal Upadhyay Poverty-Free Village Scheme, aiming to eliminate poverty in 5,000 villages.

The initiative focuses on financial aid and employment support to make rural families self-reliant and economically empowered.

Detailed Explanation:

Rajasthan government launched the Pandit Deendayal Upadhyay Poverty-Free Village Scheme, aiming to eliminate poverty in 5,000 villages.

The initiative focuses on financial aid and employment support to make rural families self-reliant and economically empowered.

Financial Support to BPL Families: Selected families living below the poverty line (BPL) will receive up to ₹1 lakh to start small businesses or income-generating work.

Assistance for SHG Women: Women in self-help groups (SHGs) will get ₹15,000 per family to enhance their income activities.

Incentive for Families Above Poverty Line: Families that have moved above the poverty line through their own efforts will be awarded ₹21,000, directly transferred to their verified bank accounts. So far, 17,891 out of 22,400 accounts have been verified.

‘Atmanirbhar Parivar Cards’ Issued: These cards will be provided to families that have become self-reliant, recognizing their economic progress.

8) Answer: C

Short Explanation:

Prime Minister Narendra Modi attended the 17th BRICS Summit held in Rio de Janeiro, Brazil, from 6–7 July 2025.

Call for Reform in Global Institutions: PM Modi urged the restructuring of outdated institutions like the UN Security Council, IMF, World Bank, and WTO, stating they must reflect 21st-century realities. He welcomed BRICS’ support for UN reforms in the Summit Declaration.

Detailed Explanation:

Prime Minister Narendra Modi attended the 17th BRICS Summit held in Rio de Janeiro, Brazil, from 6–7 July 2025.

The summit emphasized reforms in global institutions, peace and security, support for the Global South, and the responsible development of Artificial Intelligence (AI).

Call for Reform in Global Institutions: PM Modi urged the restructuring of outdated institutions like the UN Security Council, IMF, World Bank, and WTO, stating they must reflect 21st-century realities. He welcomed BRICS’ support for UN reforms in the Summit Declaration.

Strong Stand Against Terrorism: Modi condemned terrorism, referencing the April 2025 Pahalgam attack, calling it an attack on humanity. He demanded zero tolerance and no double standards, and thanked BRICS nations for condemning the incident.

9) Answer: D

Short Explanation:

Union Minister Dr. Jitendra Singh inaugurated India’s first National Biobank at the CSIR-Institute of Genomics and Integrative Biology (IGIB), New Delhi.

Inspired by UK Biobank: While modeled on the UK Biobank, this initiative is customized for Indian health needs, helping address diseases like cancer, diabetes, heart ailments, and rare genetic conditions.

Detailed Explanation:

Union Minister Dr. Jitendra Singh inaugurated India’s first National Biobank at the CSIR-Institute of Genomics and Integrative Biology (IGIB), New Delhi.

The biobank, established under the Phenome India project, aims to transform healthcare by enabling personalized and precision medicine using India’s own health and genetic data.

Biobank to Store Diverse Data: The facility will collect and store health, genetic, and lifestyle data from 10,000 individuals across India, designed to reflect the country’s diverse population.

Inspired by UK Biobank: While modeled on the UK Biobank, this initiative is customized for Indian health needs, helping address diseases like cancer, diabetes, heart ailments, and rare genetic conditions.

Dr. Jitendra Singh emphasized that personalized treatment based on genetic and lifestyle factors will become a realistic healthcare model in India soon.

Addressing India-Specific Health Risks: The Biobank will help decode hidden health risks such as central obesity, which is common in Indians but often goes unnoticed.

10) Answer: B

Short Explanation:

In a major digital governance initiative, Himachal Pradesh has become the first Indian state to implement Aadhaar-linked face recognition (FaceAuth) for ration delivery under the Public Distribution System (PDS).

This new identity verification method started in July 2025 to improve access and reliability of ration services, especially in remote areas.

First State to Launch FaceAuth for PDS: Himachal Pradesh is the first in India to adopt face authentication linked to Aadhaar for ration distribution, replacing older systems like fingerprints and OTPs.

Detailed Explanation:

In a major digital governance initiative, Himachal Pradesh has become the first Indian state to implement Aadhaar-linked face recognition (FaceAuth) for ration delivery under the Public Distribution System (PDS).

This new identity verification method started in July 2025 to improve access and reliability of ration services, especially in remote areas.

First State to Launch FaceAuth for PDS: Himachal Pradesh is the first in India to adopt face authentication linked to Aadhaar for ration distribution, replacing older systems like fingerprints and OTPs.

Technology Implementation: The FaceAuth system uses a smartphone camera on the Fair Price Shop (FPS) dealer’s mobile app to scan and match the beneficiary’s face with Aadhaar records.

Reason for Transition:

OTP failures were common due to poor mobile network coverage, particularly in hilly regions.

Fingerprint mismatches occurred due to worn-out fingerprints or UIDAI system errors.

Developed by State’s DDTG: The new system was developed by the Department of Digital Technologies and Governance (DDTG) of Himachal Pradesh to ensure a faster, easier, and more reliable PDS experience.

11) Answer: D

Short Explanation:

India has been ranked as the fourth most income-equal country globally in the World Bank’s 2025 report, with a Gini Index score of 25.5.

This reflects a significant achievement in promoting income equality in a nation as large and diverse as India, and highlights the effectiveness of various poverty reduction initiatives undertaken by the government.

Gini Index Explained: The Gini Index measures income distribution, where 0 indicates perfect equality and 100 total inequality. India’s score of 25.5 places it just behind Slovak Republic (24.1), Slovenia (24.3), and Belarus (24.4).

Detailed Explanation:

India has been ranked as the fourth most income-equal country globally in the World Bank’s 2025 report, with a Gini Index score of 25.5.

This reflects a significant achievement in promoting income equality in a nation as large and diverse as India, and highlights the effectiveness of various poverty reduction initiatives undertaken by the government.

Gini Index Explained: The Gini Index measures income distribution, where 0 indicates perfect equality and 100 total inequality. India’s score of 25.5 places it just behind Slovak Republic (24.1), Slovenia (24.3), and Belarus (24.4).

Better Than Major Economies: India ranks ahead of China (35.7), the United States (41.8), and all G7 and G20 nations. In 2011, India’s score was 28.8, showing steady improvement over a decade.

Global Coverage: The World Bank’s July 2025 report includes data from 167 countries, confirming India’s position among the most equal globally.

Drop in Extreme Poverty: According to the Spring 2025 Poverty and Equity Brief, the percentage of people in extreme poverty dropped from 16.2% (2011–12) to 2.3% (2022–23)—a reduction of 171 million people.

Low Poverty Under $3 Benchmark: Using the updated global poverty line of $3/day, India’s poverty rate in 2022–23 stands at 5.3%, reflecting broad-based improvement.

12) Answer: A

Short Explanation:

India has overtaken China to become the world’s fourth-largest biofuel consumer in 2024, according to the Statistical Review of World Energy 2025.

This marks the second consecutive year that India has stayed ahead of China in biofuel usage, reflecting the country’s strong shift towards cleaner energy sources.

Significant Growth in Biofuel Use: India consumed 77 thousand barrels of oil equivalent per day (kbbloe/d) in 2024, marking a 40% increase from the previous year. In comparison, China used 60 kbbloe/d, with an 18% rise.

Detailed Explanation:

India has overtaken China to become the world’s fourth-largest biofuel consumer in 2024, according to the Statistical Review of World Energy 2025.

This marks the second consecutive year that India has stayed ahead of China in biofuel usage, reflecting the country’s strong shift towards cleaner energy sources.

Significant Growth in Biofuel Use: India consumed 77 thousand barrels of oil equivalent per day (kbbloe/d) in 2024, marking a 40% increase from the previous year. In comparison, China used 60 kbbloe/d, with an 18% rise.

Strong Decadal Growth: India’s biofuel consumption has increased at an average annual rate of 31.8% from 2014 to 2024, demonstrating a decade-long commitment to renewable fuels.

Definition and Types: Biofuels include ethanol, biodiesel, and sustainable aviation fuels (SAFs)—clean fuels derived from natural sources like crops, aimed at reducing pollution and carbon emissions.

Lag in Domestic Production: Despite higher consumption, India produced only 70 kbbloe/d of biofuel in 2024, while China produced 106 kbbloe/d. India’s production rose 27% in 2024, with a 10-year growth rate of 30.4%, but still trails China’s 2024 production surge of 31%.

Global Biofuel Demand Hits Record: Worldwide, biofuel demand reached 2.2 million barrels/day in 2024. The Asia-Pacific region led with a 47 kbbloe/d increase, followed by North America (42 kbbloe/d).

13) Answer: B

Short Explanation:

Prime Minister Narendra Modi received the ‘Key to the City of Buenos Aires’, marking a symbolic gesture of trust and friendship during his official two-day visit to Argentina—the first by an Indian PM in 57 years.

Ceremonial Honour: The ‘Key to the City’ was presented by Jorge Macri, Chief of the City Government of Buenos Aires, acknowledging PM Modi’s role in boosting bilateral ties.

Detailed Explanation:

Prime Minister Narendra Modi received the ‘Key to the City of Buenos Aires’, marking a symbolic gesture of trust and friendship during his official two-day visit to Argentina—the first by an Indian PM in 57 years.

The recognition highlights his efforts to strengthen India–Argentina relations.

Ceremonial Honour: The ‘Key to the City’ was presented by Jorge Macri, Chief of the City Government of Buenos Aires, acknowledging PM Modi’s role in boosting bilateral ties.

Tributes to Icons: PM Modi paid tribute to Mahatma Gandhi and Rabindranath Tagore by visiting their statues in Buenos Aires and honoured General Jose de San Martin, Argentina’s national hero, at Plaza San Martin.

14) Answer: D

Short Explanation:

In a landmark moment for Indian cinema, Deepika Padukone has been selected to receive a star on the Hollywood Walk of Fame, making her the first Indian actress to be honoured with this prestigious international recognition.

Class of 2026 Honourees: She is among the 35 personalities chosen for the Walk of Fame Class of 2026, which includes Miley Cyrus, Timothee Chalamet, Emily Blunt, Rachel McAdams, Gordon Ramsay, and Marion Cotillard.

Detailed Explanation:

In a landmark moment for Indian cinema, Deepika Padukone has been selected to receive a star on the Hollywood Walk of Fame, making her the first Indian actress to be honoured with this prestigious international recognition.

Class of 2026 Honourees: She is among the 35 personalities chosen for the Walk of Fame Class of 2026, which includes Miley Cyrus, Timothee Chalamet, Emily Blunt, Rachel McAdams, Gordon Ramsay, and Marion Cotillard.

Statement from Selection Committee: Peter Roth, Chairman of the selection committee, stated that the chosen individuals have made significant contributions to global entertainment.

Hollywood Debut in 2017: Deepika entered Hollywood with the film ‘XXX: Return of Xander Cage’, opposite Vin Diesel, marking her debut in the international film industry.

15) Answer: B

Short Explanation:

Suriname’s Parliament elected Jennifer Geerlings-Simons as the country’s first female President.

Detailed Explanation:

Suriname’s Parliament elected Jennifer Geerlings-Simons as the country’s first female President.

She was elected unopposed by a two-thirds vote in the National Assembly after her party formed a coalition post-May elections with no clear winner.

Geerlings-Simons leads the National Democratic Party (NDP) and will be inaugurated on July 16, 2025.

Suriname is a Dutch-speaking South American nation with a population of over 646,000.

The election comes as Suriname prepares for offshore oil production, expected to begin by 2028, promising an influx of wealth.

16) Answer: D

Short Explanation:

The Union Finance Ministry is planning to dilute at least half of the required stake in New India Assurance Company and General Insurance Corporation of India (GIC Re) during FY26 to comply with SEBI’s Minimum Public Shareholding (MPS) norms.

Currently, the government holds 85.44% in New India Assurance and 82.4% in GIC Re.

SEBI mandates all listed companies, including public sector insurers, to maintain a minimum 25% public shareholding under Rule 19A of the Securities Contracts (Regulation) Rules, 1957, and Regulation 38 of the SEBI (LODR) Regulations.

Detailed Explanation:

The Union Finance Ministry is planning to dilute at least half of the required stake in New India Assurance Company and General Insurance Corporation of India (GIC Re) during FY26 to comply with SEBI’s Minimum Public Shareholding (MPS) norms.

Currently, the government holds 85.44% in New India Assurance and 82.4% in GIC Re.

SEBI mandates all listed companies, including public sector insurers, to maintain a minimum 25% public shareholding under Rule 19A of the Securities Contracts (Regulation) Rules, 1957, and Regulation 38 of the SEBI (LODR) Regulations.

Accordingly, the government must dilute 10.44% in New India Assurance and 7.4% in GIC Re.

A phased disinvestment is planned:~5% in New India Assurance, ~3.5% in GIC Re, Targeted by end of FY26

17) Answer: C

Short Explanation:

The 8th edition of the Indo-French Joint Military Exercise ‘Shakti’ concluded after two weeks of intensive training and cooperation.

The exercise was held from June 18 to July 1, 2025, in France, hosted by the 13th French Foreign Legion Demi-Brigade (13 DBLE).

More than 500 personnel from various units of the French Army participated.

India was represented by a 90-member contingent, including a Battalion from the Jammu and Kashmir Rifles.

The exercise was conducted in two phases:

Phase 1: June 18–21 in Aveyron’sMonclar district.

Phase 2: June 22–26 in Herault.

Detailed Explanation:

The 8th edition of the Indo-French Joint Military Exercise ‘Shakti’ concluded after two weeks of intensive training and cooperation.

The exercise was held from June 18 to July 1, 2025, in France, hosted by the 13th French Foreign Legion Demi-Brigade (13 DBLE).

More than 500 personnel from various units of the French Army participated.

India was represented by a 90-member contingent, including a Battalion from the Jammu and Kashmir Rifles.

The exercise was conducted in two phases:

Phase 1: June 18–21 in Aveyron’sMonclar district.

Phase 2: June 22–26 in Herault.

Exercise Shakti focused on enhancing joint operational preparedness for sub-conventional combat situations under Chapter VII of the United Nations Charter.

Training was conducted in realistic semi-urban terrain to simulate tough combat conditions.

18) Answer: C

Short Explanation:

France-based Safran Aerospace announced plans to set up a new entity, Safran Aircraft Engine Services India, in Hyderabad.

The facility will focus on maintenance and overhaul of M88 engines used in Rafale fighter jets.

The project is expected to create around 150 jobs by the end of next year, with potential to add 750 more jobs in later phases.

Detailed Explanation:

France-based Safran Aerospace announced plans to set up a new entity, Safran Aircraft Engine Services India, in Hyderabad.

The facility will focus on maintenance and overhaul of M88 engines used in Rafale fighter jets.

The project is expected to create around 150 jobs by the end of next year, with potential to add 750 more jobs in later phases.

Announcement made by Pierre Fernandez, General Manager of Safran Aerospace, after meeting Telangana Industries Minister D Sridhar Babu.

Safran currently operates two major facilities in Hyderabad:

Safran Electrical & Power India for manufacturing electrical harnesses for CFM LEAP engines and Dassault Rafale.

Safran Aircraft Engines Hyderabad for producing rotating parts for the LEAP engine's low-pressure turbine.

19) Answer: D

Short Explanation:

India has established its first Equine Disease-Free Compartment (EDFC), recognised globally by the World Organisation for Animal Health (WOAH) on 3rd July 2025.

The EDFC is located at the Remount Veterinary Corps (RVC) Centre & College, Meerut Cantonment, Uttar Pradesh.

The compartment is declared free from several diseases:Equine Infectious Anemia, Equine Influenza, Equine Piroplasmosis, Glanders, Surra. India has been free from African Horse Sickness since 2014.

Detailed Explanation:

India has established its first Equine Disease-Free Compartment (EDFC), recognised globally by the World Organisation for Animal Health (WOAH) on 3rd July 2025.

The EDFC is located at the Remount Veterinary Corps (RVC) Centre & College, Meerut Cantonment, Uttar Pradesh.

This facility enables the international movement of Indian sport horses in line with global biosecurity and animal health standards.

The EDFC implements robust biosecurity protocols, stringent veterinary surveillance, and international norms to allow horses to travel and compete abroad.

It boosts India’s position in global equestrian sports, supports horse breeding, high-value equine trade, and strengthens the country’s biosecurity and disease preparedness framework.

The compartment is declared free from several diseases:Equine Infectious Anemia, Equine Influenza, Equine Piroplasmosis, Glanders, Surra. India has been free from African Horse Sickness since 2014.

20) Answer: C

Short Explanation:

The Department of School Education & Literacy (DoSE&L), Ministry of Education, organized a National Conference in New Delhi to discuss curricular and assessment equivalence across school boards and strategies to improve learning outcomes.

A major highlight was the formal launch of the PARAKH RashtriyaSarvekshan Dissemination Portal, which provides open access to National and State-level data on student performance.

Detailed Explanation:

The Department of School Education & Literacy (DoSE&L), Ministry of Education, organized a National Conference in New Delhi to discuss curricular and assessment equivalence across school boards and strategies to improve learning outcomes.

A major highlight was the formal launch of the PARAKH RashtriyaSarvekshan Dissemination Portal, which provides open access to National and State-level data on student performance.

The PARAKH portal is expected to help States/UTs design targeted improvement plans to enhance learning outcomes and bridge skill gaps.

The conference also emphasized the implementation of Holistic Progress Cards (HPCs) by States/UTs.

Ready Reckoner Videos were launched to support schools and teachers in adopting child-centric, continuous evaluation methods, aiding the mainstreaming of these practices.

21) Answer: C

Short Explanation:

A dispute arose between Republican President Donald Trump and his major campaign financier Elon Musk after Musk announced the formation of a new political party called the America Party.

Musk criticized Trump’s “big, beautiful” tax-cut and spending bill, claiming it would bankrupt America.

Detailed Explanation:

A dispute arose between Republican President Donald Trump and his major campaign financier Elon Musk after Musk announced the formation of a new political party called the America Party.

Musk criticized Trump’s “big, beautiful” tax-cut and spending bill, claiming it would bankrupt America.

Musk launched the American Party to “give you back your freedom”, signaling a break from traditional party lines.

The announcement followed Trump signing the tax bill into law on Friday, which Musk strongly opposed.

Elon Musk, known as the world’s richest man, made his wealth through Tesla and SpaceX.

Musk had previously spent hundreds of millions supporting Trump’s re-election and led a government efficiency department focused on reducing spending during Trump’s second term.

22) Answer: D

Short Explanation:

Ananth Technologies, a private Indian company, has become the first in India to receive authorization from Indian National Space Promotion and Authorisation Centre (IN-SPACe) to launch broadband-from-space services by 2028.

Detailed Explanation:

Ananth Technologies, a private Indian company, has become the first in India to receive authorization from Indian National Space Promotion and Authorisation Centre (IN-SPACe) to launch broadband-from-space services by 2028.

The company will use a locally-built geostationary (GEO) satellite to provide these services.

This initiative enables Ananth Technologies to compete with global satcom giants like Starlink, Eutelsat OneWeb, and Amazon Kuiper.

The planned satellite will weigh 4 tonnes and offer 100 Gbps capacity, backed by an initial investment of ₹3,000 crore, with potential expansion based on demand.

This represents a major shift from the previous ISRO-led satellite deployment model to a private enterprise-driven approach under India’s space sector reforms.

23) Answer: C

Short Explanation:

The Indian Institute of Science (IISc), Bengaluru launched BHARAT — Biomarkers of Healthy Aging, Resilience, Adversity, and Transitions — under its Longevity India Program.

The study aims to map physiological, molecular, and environmental indicators that influence ageing in the Indian population.

A key objective is to build the “Bharat Baseline”, which will serve as a reference for biologically normal aging in India.

Detailed Explanation:

The Indian Institute of Science (IISc), Bengaluru launched BHARAT — Biomarkers of Healthy Aging, Resilience, Adversity, and Transitions — under its Longevity India Program.

The study aims to map physiological, molecular, and environmental indicators that influence ageing in the Indian population.

A key objective is to build the “Bharat Baseline”, which will serve as a reference for biologically normal aging in India.

The BHARAT database will include genomic, proteomic, and metabolic data.

According to WHO, a biomarker is any measurement that reflects the interaction between a biological system and a potential hazard (chemical, physical, or biological), including functional, physiological, biochemical, or molecular responses.

24) Answer: A

Short Explanation:

India delivered its best-ever performance at the World Boxing Cup 2025 held in Astana, Kazakhstan, securing a total of 11 medals, including 3 golds by Sakshi, Jaismine, and Nupur.

Detailed Explanation:

India delivered its best-ever performance at the World Boxing Cup 2025 held in Astana, Kazakhstan, securing a total of 11 medals, including 3 golds by Sakshi, Jaismine, and Nupur.

This marks a historic milestone for Indian women’s boxing on the global stage.

Gold Medal Winners:

Sakshi (54kg) defeated Yosline Perez (USA) with a unanimous decision.

Jaismine (57kg) triumphed over JucielenCequeira Romeu (Brazil) with a 4:1 score.

Nupur (80+kg) dominated YeldanaTalipova (Kazakhstan) with a 5:0 win.

Total Medal Tally: India bagged 11 medals — 3 Gold, 5 Silver, and 3 Bronze, surpassing its previous best from the Brazil leg (6 medals: 1 Gold, 1 Silver).

Historic Achievement: This is India's highest medal count in the history of the World Boxing Cup, showcasing the nation’s growing prowess in international women's boxing.

25) Answer: D

In a dramatic, rain-affected race at Silverstone, Lando Norris delivered a dream result for himself and McLaren, winning the British Grand Prix and closing the championship gap to teammate Oscar Piastri.

Home Triumph: Norris achieved his long-awaited win at his home track, fulfilling a childhood ambition after watching Lewis Hamilton’s 2008 victory.

Starting and Strategy: Began the race third on the grid, overtook Max Verstappen, and assumed the lead when Piastri served a 10-second penalty.

26) Answer: D

Short Explanation:

India made history at Edgbaston by defeating England by 336 runs, marking their first Test match win at the venue and recording their largest away Test victory.

Detailed Explanation:

India made history at Edgbaston by defeating England by 336 runs, marking their first Test match win at the venue and recording their largest away Test victory.

This triumph also allowed India to level the series after losing the opening Test.

Breaking the Edgbaston Jinx: Prior to this match, India had suffered seven losses and one draw in eight Tests at Edgbaston.

Record Margin of Victory: The 336-run win is India’s biggest win by runs in any away Test, surpassing the 318-run victory over West Indies in 2019.

Series Levelled: For the first time in England, India leveled a Test series after dropping the first match; previously they had only lost or drawn the second Test.

27) Answer: A

Short Explanation:

India has officially announced its intention to bid for hosting rights of the World Athletics Championships in 2029 or 2031.

The plan was revealed by AdilleSumariwalla, a senior official of the Athletics Federation of India (AFI) and vice-president of World Athletics, during a press interaction, in Bengaluru.

Detailed Explanation:

India has officially announced its intention to bid for hosting rights of the World Athletics Championships in 2029 or 2031.

The plan was revealed by AdilleSumariwalla, a senior official of the Athletics Federation of India (AFI) and vice-president of World Athletics, during a press interaction, in Bengaluru.

The move aligns with India's broader vision to host the 2036 Olympic Games.

Target Years: 2029 and 2031 – India aims to host either the 2029 or 2031 edition of the World Athletics Championships. Both editions will be awarded together in September 2026 by World Athletics.

Strategic Bid Approach – India is preparing a flexible bid, opting for either year based on availability, as part of a calculated strategy to improve hosting chances.

Bidding Timeline:

Expression of interest deadline – October 1, 2025

Detailed application submission – April 1, 2026

Final bid documents due – August 5, 2026

28) Answer: C

World Rural Development Day, celebrated annually on July 6, recognizes the vital role of rural communities in achieving sustainable development.

The day highlights the need to address poverty, food insecurity, and inequality, while promoting the empowerment of rural populations through inclusive policies, infrastructure development, and resource accessibility.

29) Answer: B

Global Forgiveness Day is observed every year on July 7 to promote the power of forgiveness as a means for personal and social healing.

Established in 1994 by the Christian Embassy of Christ’s Ambassadors (CECA), the day encourages people to release grudges, embrace empathy, and foster reconciliation.

Symbolic Date: July 7 was also chosen to commemorate the day chocolate was first brought to Europe, symbolizing sweetness replacing bitterness—just like forgiveness replaces pain.

30) Answer: B

Rajasthan is set to join Madhya Pradesh in establishing the country’s first inter-state cheetah conservation corridor, spanning 17,000 square kilometers. The project will connect Palpur Kuno National Park and Gandhi Sagar Sanctuary in Madhya Pradesh with the Mukundara Hills Tiger Reserve in Rajasthan, creating a contiguous and protected landscape for cheetahs to thrive.