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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 08th August 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.
1) Recently, the Monetary Policy Committee (MPC) has decided to keep the policy repo rate unchanged at 5.50%. What is the primary objective behind maintaining this rate?
(a) To boost short-term speculative investments
(b) To achieve the medium-term CPI inflation target of 4% ±2% while supporting growth
(c) To reduce fiscal deficit directly
(d) To increase foreign exchange reserves immediately
(e) To prioritize sector-specific lending only
2) Which bank became the first in India to receive Standardization Testing and Quality Certification (STQC)certification for its official website?
(a) State Bank of India
(b) Punjab National Bank
(c) Bank of India
(d) HDFC Bank
(e) ICICI Bank
3) Which startup is piloting fractional share trading in SEBI’s innovation sandbox?
(a) Xaults
(b) Groww
(c) Zerodha
(d) Paytm Money
(e) Upstox
4) Under the New National Cooperative Policy, an apex cooperative bank is proposed to strengthen coordination among which of the following tiers of cooperative financial institutions?
(a) Regional Rural Banks, Commercial Banks, Urban Cooperative Banks
(b) Microfinance Institutions, NBFCs, Small Finance Banks
(c) Primary Agricultural Cooperative Societies, District Central Cooperative Banks, State Cooperative Banks
(d) Self Help Groups, Payment Banks, Mutual Funds
(e) Aditya Birla Finance, RailTel Cooperative, Asia Index Cooperative
5) On August 6, 2025, US President Donald Trump announced a doubling of tariffs on Indian goods to 50%, citing India’s import of Russian oil. How much time was given for negotiations before the new tariffs take effect?
(a) 7 days
(b) 14 days
(c) 21 days
(d) 30 days
(e) 60 days
6) Recently, China has unveiled “wolf robots”, part of its military modernisation, designed to approach and neutralise targets stealthily. What is the weight of China’s newly developed ‘wolf robot’?
(a) 50 kg
(b) 70 kg
(c) 60 kg
(d) 80 kg
(e) 90 kg
7) The Food Safety and Standards Authority of India (FSSAI), in consultation with the Ministry of Ayush, has released a definitive list of Ayurvedic food items under the “Ayurveda Aahara” category. The Ayurveda Aahara list is based on classical texts listed in______________
(a) Schedule A
(b) Schedule B
(c) Schedule C
(d) Schedule D
(e) Schedule E
8) As per the news, what is the name of the Unified Inundation Forecasting System inaugurated by Union Minister of Jal Shakti Shri C. R. Patil on August 7, 2025?
(a) JAL-Alert
(b) FLOWSafe
(c) HydroCast
(d) C-FLOOD
(e) RailTel Water Watch
9) Which organization launched the India Electric Mobility Index (IEMI)?
(a) Ministry of Heavy Industries
(b) NITI Aayog
(c) Bureau of Energy Efficiency
(d) Society of Indian Automobile Manufacturers
(e) Ministry of Power
10) The eSAKSHI portal was launched in collaboration with which bank?
(a) Reserve Bank of India
(b) State Bank of India
(c) NABARD
(d) Punjab National Bank
(e) ICICI Bank
11) Who has recently assumed charge as Chairperson of the Capacity Building Commission?
(a) Mrs. S. Radha Chauhan
(b) Shri Adil Zainulbhai
(c) Dr. Rajiv Kumar
(d) Ms. Sujata Chaturvedi
(e) Shri Sanjay Kothari
12) Who was sworn in as President of Poland on August 6, 2025?
(a) Andrzej Duda
(b) Donald Tusk
(c) Karol Nawrocki
(d) Mateusz Morawiecki
(e) Jarosław Kaczyński
13) Which group has appointed Amit Bajaj as Managing Director?
(a) Aditya Birla Group
(b) Tata Group
(c) Reliance Industries
(d) Essar Group
(e) Vedanta Resources
14) Recently, Assam is to roll out a portal for indigenous people to apply for arms licences. The portal is specifically meant for?
(a) All Assam residents
(b) Police personnel only
(c) Former military personnel
(d) Tea garden workers
(e) Original inhabitants/indigenous Indian citizens”
15) Shibu Soren, who passed away on 4 August 2025 at the age of 81, was a three-time Chief Minister of which Indian state?
(a) Karnataka
(b) Uttarakhand
(c) Saudi Arabia
(d) Jharkhand
(e) Aditya Birla Nagar
Answers :
1) Answer: B
The Monetary Policy Committee (MPC) has kept the policy repo rate unchanged at 5.50%.
The Standing Deposit Facility (SDF) rate remains at 5.25%, and the Marginal Standing Facility (MSF) rate and Bank Rate are maintained at 5.75%.
This decision aligns with the objective of achieving a medium-term CPI inflation target of 4% ±2% while supporting growth.
Real GDP growth projection retained at 6.5% for FY 2025-26.
Q1: 6.5%
Q2: 6.7%
Q3: 6.6%
Q4: 6.3%
Q1 of 2026–27: projected at 6.6%
2) Answer: C
Short Explanation:
Bank of India (BOI) has become the first bank in India to receive Standardization Testing and Quality Certification (STQC) for its official website.
This reflects the bank’s commitment to digital accessibility and inclusive banking.
Detailed Explanation:
Bank of India (BOI) has become the first bank in India to receive Standardization Testing and Quality Certification (STQC) for its official website.
This reflects the bank’s commitment to digital accessibility and inclusive banking.
The certification complies with:
Department of Financial Services (DFS) directive.
Guidelines for Indian Government Websites & Apps (GIGW 3.0).
Web Content Accessibility Guidelines (WCAG 2.1).
Rights of Persons with Disabilities Act.
The website is designed to be barrier-free, supporting access for persons with diverse disabilities.
STQC certification was awarded on 22nd July 2025 by Shri M. Vellaipandi, Director General, STQC Directorate.
3) Answer: A
Short Explanation:
Securities and Exchange Board of India (SEBI) has approved a startup’s proposal to test fractional share trading in its innovation sandbox — a potential shift in India’s equity market.
Xaults, a Bengaluru-based startup, joined SEBI’s innovation sandbox in August 2025 to pilot fractional share trading.
Detailed Explanation:
Securities and Exchange Board of India (SEBI) has approved a startup’s proposal to test fractional share trading in its innovation sandbox — a potential shift in India’s equity market.
This is a reversal from 2021, when SEBI rejected a similar proposal over custody concerns.
Fractional shares let investors buy/trade portions of a share, unlike traditional whole unit trading.
This model is already popular in the US.
Xaults, a Bengaluru-based startup, joined SEBI’s innovation sandbox in August 2025 to pilot fractional share trading.
Full-scale live testing will occur only if SEBI upgrades Xaults to the regulatory sandbox.
Xaults also plans to test smart contract-based trade settlements with clearing corporations.
4) Answer: C
The New National Cooperative Policy proposes setting up an apex cooperative bank to strengthen coordination among various tiers of cooperative financial institutions.
The move aims to preserve the existing three-tier credit structure:
Primary Agricultural Cooperative Societies (PACS) – operate at village/panchayat level.
District Central Cooperative Banks (DCCBs) – operate at the district level.
State Cooperative Banks – function at the state level.
Enhance collaboration.
Enable capacity building, professionalism, and business opportunities.
Provide support while ensuring affordable credit.
5) Answer: C
On August 6, 2025, US President Donald Trump announced a doubling of tariffs on Indian goods to 50%, citing India’s import of Russian oil.
A 21-day negotiation window has been offered before the additional 25% duty (on top of the existing 25%) becomes effective.
The White House stated this was necessary due to a national emergency stemming from Russia’s actions in Ukraine.
Effective date: The additional 25% ad valorem duty will apply for goods entered for consumption on or after September 17, 2025 (21 days after the order)
6) Answer: B
Short Explanation:
China has unveiled “wolf robots”, part of its military modernisation, designed to approach and neutralise targets stealthily.
These robotic systems were displayed during a People’s Liberation Army (PLA)drill in 2025 and were first introduced at Airshow China 2024 in Zhuhai, Guangdong Province.
The wolf robot is a 70-kg utility quadrupedal robot developed by South Industries Group Corporation.
Detailed Explanation:
China has unveiled “wolf robots”, part of its military modernisation, designed to approach and neutralise targets stealthily.
These robotic systems were displayed during a People’s Liberation Army (PLA)drill in 2025 and were first introduced at Airshow China 2024 in Zhuhai, Guangdong Province.
The wolf robot is a 70-kg utility quadrupedal robot developed by South Industries Group Corporation.
Key capabilities include:
Neutralising targets
Conducting reconnaissance missions
Transporting equipment
Providing battlefield support
It has high mobility and adaptability in complex terrains, such as urban areas, high-altitude plateaus, and mountainous regions.
These robots can operate in coordinated formations, creating networks between human operators, vehicles, and other robot wolves.
The wolf robots could be more effective than aerial drones in certain combat scenarios.
7) Answer: A
The Food Safety and Standards Authority of India (FSSAI), in consultation with the Ministry of Ayush, has released a definitive list of Ayurvedic food items under the “Ayurveda Aahara” category.
The list aligns with the Food Safety and Standards (Ayurveda Aahara) Regulations, 2022, which recognise foods based on recipes, ingredients, and processes from authoritative Ayurvedic texts.
The list is issued under Note (1) of Schedule B of the regulations and is based on classical texts listed in Schedule A.
The initiative provides clarity and authenticity to both consumers and Food Business Operators (FBOs).
FSSAI has created a system where FBOs can request inclusion of additional Category A products, with references from texts in Schedule A.
8) Answer: D
Short Explanation:
Union Minister of Jal Shakti, Shri C. R. Patil, inaugurated C-FLOOD, a Unified Inundation Forecasting System on August 7, 2025, at Shram Shakti Bhawan, New Delhi.
A web-based platform for advance inundation forecasting.
Provides 2-day advance flood forecasts down to the village level via:
Flood inundation maps
Water level predictions
Detailed Explanation:
Union Minister of Jal Shakti, Shri C. R. Patil, inaugurated C-FLOOD, a Unified Inundation Forecasting System on August 7, 2025, at Shram Shakti Bhawan, New Delhi.
Developed jointly by:
Centre for Development of Advanced Computing (C-DAC), Pune
Central Water Commission (CWC)
Under the Department of Water Resources, River Development & Ganga Rejuvenation (DoWR, RD & GR), Ministry of Jal Shakti.
Supported by:
Ministry of Electronics and Information Technology (MeitY)
Department of Science and Technology (DST)
Under the National Supercomputing Mission (NSM).
A web-based platform for advance inundation forecasting.
Provides 2-day advance flood forecasts down to the village level via:
Flood inundation maps
Water level predictions
9) Answer: B
Short Explanation:
NITI Aayog launched the India Electric Mobility Index (IEMI), a first-of-its-kind tool developed to comprehensively track and benchmark the progress of States and Union Territories (UTs) in achieving their Electric Mobility goals.
Detailed Explanation:
NITI Aayog launched the India Electric Mobility Index (IEMI), a first-of-its-kind tool developed to comprehensively track and benchmark the progress of States and Union Territories (UTs) in achieving their Electric Mobility goals.
The Report was released by Shri Rajiv Gauba, Member, NITI Aayog in presence of Shri B. V. R. Subrahmanyam, CEO, NITI Aayog.
The India Electric Mobility Index (IEMI) tracks, evaluates and scores all Indian States and UTs out of 100 across 16 indicators under three-core themes:
Transport Electrification Progress to capture demand-side adoption
Charging Infrastructure Readiness to track allied charging infrastructure development
EV Research and Innovation Status: Covers supply-side ecosystem R&D efforts.
10) Answer: B
Short Explanation:
The Ministry of Statistics & Programme Implementation, in collaboration with the State Bank of India, launched the eSAKSHI portal on 1 April 2023 to implement Revised Fund Flow Procedures under the MPLAD Scheme.
Detailed Explanation:
The Ministry of Statistics & Programme Implementation, in collaboration with the State Bank of India, launched the eSAKSHI portal on 1 April 2023 to implement Revised Fund Flow Procedures under the MPLAD Scheme.
The portal ensures seamless integration of:
MP recommendations
Sanctioning by District Authority
Execution by Implementing Agency
Key Features:
End-to-end digital functionality for all stakeholders
Real-time tracking of projects
Dashboards, progress reports, customized login
Mobile application launched to allow MPs to recommend and monitor works on-the-go
Secure verification mechanisms for transparency
The portal has eliminated the need for physical accounts, improved efficiency, coordination, transparency, and accountability.
11) Answer: A
Mrs. S. Radha Chauhan has assumed charge as the Chairperson of the Capacity Building Commission (CBC) in New Delhi
She is a retired IAS officer of the Uttar Pradesh cadre, 1988 batch
She has held various positions in both State and Central Governments, and is the former Secretary, Department of Personnel and Training (DoPT)
She succeeds Shri Adil Zainulbhai, who served as Chairman of the CBC since April 2021.
12) Answer: C
Karol Nawrocki, a conservative historian and supporter of Donald Trump’s MAGA movement, was sworn in as President of PolandAugust 6, 2025.
He was backed by the nationalist opposition party Law and Justice (PiS).
His election is a setback to Prime Minister Donald Tusk’s pro-European Union agenda, leaving his centrist government struggling in polls.
Nawrocki is expected to clash with the centrist government, leading to political deadlock, similar to the tenure of outgoing President Andrzej Duda.
13) Answer: D
Essar Group has appointed Amit Bajaj as Managing Director (MD) and Global Head of Corporate Affairs & Public Policy.
Bajaj is a former Aditya Birla Group official, where he served as Senior President – Corporate Affairs.
He brings over 25 years of experiencein:Government relations, Regulatory strategy, Public policy
14) Answer: E
Assam Chief Minister Himanta Biswa Sarma announced a dedicated online portal will be launched for indigenous communities living in sensitive areas to apply for arms licences.
The portal is intended for “original inhabitants or indigenous Indian citizens” who feel vulnerable, especially in border and remote areas.
The initiative was approved by the Assam State Cabinet on May 28, 2025.
15) Answer: D
Shibu Soren, influential tribal leader and three-time Chief Minister of Jharkhand, passed away on 4 August 2025 at the age of 81, after a prolonged illness.
He was the co-founder of Jharkhand Mukti Morcha (JMM), a regional party instrumental in the creation of Jharkhand, a tribal-dominated eastern state.
Despite becoming Chief Minister of Jharkhand three times, he never completed a full term due to political instability.
