Daily Current Affairs Quiz – 18th July 2025

This post is also available in: हिन्दी (Hindi)

Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2025 of 18th 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.

Start Quiz

1) Recently, Indian Overseas Bank has reduced its Marginal Cost of Funds Based Lending Rate (MCLR) by 10 basis points across all tenures, effective July 15, 2025. When was MCLR introduced by the Reserve Bank of India?

(a) April 2014

(b) April 2015

(d) April 2017

(e) April 2018

2) How many banks are now part of India’s UPI-PayNow linkage network following the recent expansion by NPCI International Payments Ltd?

(a) 13

(b) 15

(d) 19

(e) 21

3) In July 2025, Union Finance Minister Nirmala Sitharaman laid foundation stones and inaugurated projects worth how much in Meghalaya in July 2025?

(a) ₹900 crore

(b) ₹1,087.81 crore

(d) ₹987.5 crore

(e) ₹1,075 crore

4) In July 2025, Murugappa Group’s Cholamandalam Launches Chola Chess to Nurture Chess Talent Across India. Chola Chess is being implemented in collaboration with which chess academy?

(a) ChessBase India

(b) Chess Gurukul

(d) Checkmate Institute

(e) Queen’s Gambit Academy

5) What is the name of India’s first Protection and Indemnity (P&I) entity?

(a) Bharat Indemnity Club

(b) India Marine Trust

(d) Swadeshi Ship Cover

(e) National Maritime Mutual

6) Recently, Finance Minister Nirmala Sitharaman highlighted the rapid growth of Global Capability Centres (GCCs) in India. What is the projected Gross Value Addition (GVA) from GCCs in India by 2030?

(a) $200 billion

(b) $180 billion

(d) $250 billion

(e) $300 billion

7) In July 2025 report, Manohar Lal Khattar Unveils ₹1,000 Crore Assistance for Deployment of Energy Efficient Technologies in Industrial Establishments(ADEETIE) Scheme to Drive Energy Efficiency in MSMEs. What is the total outlay of the ADEETIE scheme?

(a) ₹500 crore

(b) ₹750 crore

(d) ₹1,500 crore

(e) ₹2,000 crore

8) From which date will Bihar’s new free electricity scheme for domestic users come into effect?

(a) July 15, 2025

(b) August 1, 2025

(d) January 1, 2026

(e) April 1, 2026

9) Recently, Gyanodaya has been launched under which institution’s strategic vision for 2047?

(a) IIM Ahmedabad

(b) IIM Kozhikode

(d) IIM Calcutta

(e) IIM Indore

10) Which Indian state has launched the country’s first Tribal Genome Sequencing Project?

(a) Madhya Pradesh

(b) Odisha

(d) Gujarat

(e) Jharkhand

11) Which Indian state became the first to grant agricultural status to livestock and poultry farming in 2025?

(a) Gujarat

(b) Haryana

(d) Maharashtra

(e) Tamil Nadu

12) Which country recently completed the ratification process for the India-EFTA Trade and Economic Partnership Agreement (TEPA), paving the way for its implementation?

(a) Iceland

(b) Norway

(d) Switzerland

(e) Germany

13) Who has recently been appointed as the Chief Secretary of Manipur amid the ongoing President’s Rule in the state?

(a) Prashant Kumar Singh

(b) Puneet Kumar Goel

(d) Naresh Kumar

(e) Sukhdev Narayan

14) Recently in news, Deepika Sehrawat became the first-ever Indianmale or femaleto win the Poligras Magic Skill Award. Against which team did Deepika Sehrawat score the award-winning solo goal?

(a) Australia

(b) Argentina

(d) Netherlands

(e) Belgium

15) Which Indian city has been ranked as the world’s most affordable student city in the QS Best Student Cities Rankings 2026?

(a) Mumbai

(b) Bengaluru

(d) Pune

(e) Delhi

16) Which prominent West Indies cricketer recently announced his retirement from international cricket in July 2025?

(a) Kieron Pollard

(b) Chris Gayle

(d) Jason Holder

(e) Sunil Narine

17) Recently, India has submitted a letter of request to which country for the co-production of Javelin anti-tank guided missiles (ATGMs)?

(a) Russia

(b) France

(d) United States

(e) Germany

18) Recently, B. Saroja Devi, who passed away in July 2025, was honored with which of the following civilian awards?

(a) Oscar Award

(b) Padma Vibhushan

(d) Padma Bhushan

(e) Bharat Ratna

19) The World Snake Day is observed annually on which date to raise awareness about snake species?

(a) July 11

(b) July 14

(d) July 20

(e) July 26

20) On which date is Nelson Mandela International Day celebrated every year?

(a) June 18

(b) July 18

(d) December 10

(e) May 8

Answers :

1) Answer: C

Short Explanation:

Indian Overseas Bank has reduced its Marginal Cost of Funds Based Lending Rate (MCLR) by 10 basis points across all tenures, effective July 15, 2025.

Introduced by the Reserve Bank of India (RBI) in April 2016, replacing the Base Rate system.

Detailed Explanation:

Indian Overseas Bank has reduced its Marginal Cost of Funds Based Lending Rate (MCLR) by 10 basis points across all tenures, effective July 15, 2025.

The decision was taken by the bank’s Asset Liability Management Committee (ALCO) in a meeting held on July 14, 2025.

The MCLR cut follows the bank’s earlier reduction of its Repo Linked Lending Rate (RLLR) by 50 basis points, from 8.85% to 8.35%, effective June 12, 2025.

MCLR (Marginal Cost of Funds Based Lending Rate) is the minimum interest rate below which a bank cannot lend, except in special cases permitted by the RBI.

It is used by banks as a benchmark rate to determine interest rates on various types of loans.

MCLR is based on the marginal (incremental) cost of funds, i.e., the cost banks incur for raising new funds.

Introduced by the Reserve Bank of India (RBI) in April 2016, replacing the Base Rate system.

2) Answer: D

NPCI International Payments Ltd (NIPL), the international arm of National Payments Corporation of India (NPCI), has added 13 more banks to the UPI-PayNow real-time payment linkage.

This expansion extends the reach and simplifies cross-border remittances between India and Singapore.

The expanded network in India now includes 19 banks, such as:Bank of Baroda, Bank of India, Canara Bank, Central Bank of India, Federal Bank, HDFC Bank, IDFC FIRST Bank, IndusInd Bank, Karur Vysya Bank, Kotak Mahindra Bank, Punjab National Bank, South Indian Bank, UCO Bank, Axis Bank, DBS Bank India, ICICI Bank, Indian Bank, Indian Overseas Bank, and State Bank of India.

3) Answer: B

Short Explanation:

Union Finance Minister Nirmala Sitharaman laid foundation stones and inaugurated multiple projects worth ₹1,087.81 crore in Meghalaya.

Detailed Explanation:

Union Finance Minister Nirmala Sitharaman laid foundation stones and inaugurated multiple projects worth ₹1,087.81 crore in Meghalaya.

She praised Meghalaya’s steady growth and effective utilisation of its ₹5,400 crore allocation under the Special Assistance to States for Capital Investment scheme.

The Finance Minister lauded Meghalaya’s success in flagship schemes such as:

Jal Jeevan Mission

PM Awas Yojana

PM Jeevan Jyoti Bima Yojana

Swachh Bharat Mission

Meghalaya Chief Minister Conrad K. Sangma reaffirmed the government’s goal to make Meghalaya one of India’s top 10 states by 2032.

Key projects launched during the visit:

A ₹162 crore initiative to set up 750 digital libraries in remote areas.

₹120.81 crore redevelopment of Umiam Lake into a world-class eco-tourism destination.

4) Answer: B

Short Explanation:

Detailed Explanation:

Cholamandalam Investment and Finance Company (Chola), a part of the Murugappa Group, has launched Chola Chess, a CSR initiative aimed at discovering and nurturing chess talent across India.

The initiative is in collaboration with Chess Gurukul and focuses on early-stage chess talent development, especially among children at the grassroots level.

The program is designed to prepare young talent for the global stage.

Training is provided through exclusive 5–7-day camps for 6 FIDE rating bands, ranging from 1,400 to 3,000.

5) Answer: C

Short Explanation:

The Indian government is establishing its first Protection and Indemnity (P&I) entity, named India Club.

This initiative aims to provide third-party insurance for Indian ships operating in coastal and inland waterways.

Detailed Explanation:

The Indian government is establishing its first Protection and Indemnity (P&I) entity, named India Club.

This initiative aims to provide third-party insurance for Indian ships operating in coastal and inland waterways.

Shipping Secretary T.K. Ramachandran announced that domestic companies will be involved in providing the insurance, reducing dependence on global P&I clubs.

Currently, such third-party risks are covered by the International Group of P&I Clubs, a London-based group covering over 90% of global shipping lines.

A P&I club is a mutual insurance associationthat:Providesrisk pooling,Offersinformation and representation to its members

Unlike marine insurance firms (which report to shareholders), a P&I club reports only to its members, making it member-centric.

6) Answer: A

Short Explanation:

Detailed Explanation:

Finance Minister Nirmala Sitharaman highlighted the rapid growth of Global Capability Centres (GCCs) in India.

The first 1,000 GCCs took nearly 30 years to establish, while the next 1,000 were added in just the past decade.

India currently hosts about 1,800 GCCs, employing approximately 2.16 million professionals.

Nearly 50% of Fortune 500 companies have set up GCCs in India, showing India’s critical role in global operations and service delivery.

The Gross Value Addition (GVA) from GCCs is projected to reach $200 billion by 2030.

7) Answer: C

Short Explanation:

The Assistance for Deployment of Energy Efficient Technologies in Industrial Establishments (ADEETIE) was launched by Union Minister Manohar Lal Khattar under the Ministry of Power and implemented via the Bureau of Energy Efficiency (BEE).

With a ₹1,000 crore budget, it empowers MSMEs to adopt advanced, low-carbon technologies and supports India’s industrial modernization and green energy targets.

Detailed Explanation:

With a ₹1,000 crore budget, it empowers MSMEs to adopt advanced, low-carbon technologies and supports India’s industrial modernization and green energy targets.

Budget Allocation:

₹875 crore for interest subvention (5 % for micro & small enterprises; 3 % for medium enterprises)

₹50 crore dedicated to energy audits (Investment Grade Energy Audits and Detailed Project Reports)

₹75 crore for implementation support

Objectives:

Promote widespread deployment of energy-efficient technologies in industrial units

Provide financial incentives and subsidies tailored for MSMEs

8) Answer: B

Short Explanation:

Chief Minister Nitish Kumar has declared that, from August 1, 2025, all domestic consumersin Bihar will receive free electricity for up to 125 units per month, benefiting over 16.7 million households.

This scheme combines social welfare with a push for renewable energy under the state’s broader energy strategy.

Detailed Explanation:

This scheme combines social welfare with a push for renewable energy under the state’s broader energy strategy.

Coverage and Eligibility:

Free supply of electricity up to 125 units/month for all domestic connections.

Affects 16.7 million families, easing financial burdens ahead of the Bihar Assembly Elections 2025.

Economic Relief:

Reduces monthly bills for low- and middle-income households, previously paying up to ₹8.95/unit after subsidies.

Strengthens the existing ₹15,000 crore annual subsidy for power.

Renewable Energy Drive:

Kutir Jyoti scheme to install solar panels at zero cost for the poorest families.

9) Answer: B

Short Explanation:

Gyanodaya, established under IIM Kozhikode’s Vision 2047 and aligned with NEP 2020, is a dedicated hub for revolutionizing management education.

It integrates Indian knowledge systems with contemporary teaching practices to foster contextualized, inclusive, and globally relevant pedagogy.

Detailed Explanation:

Gyanodaya, established under IIM Kozhikode’s Vision 2047 and aligned with NEP 2020, is a dedicated hub for revolutionizing management education.

It integrates Indian knowledge systems with contemporary teaching practices to foster contextualized, inclusive, and globally relevant pedagogy.

Knowledge Creation & Publishing: Develops and publishes peer-reviewed academic content, including over 30 original case studies complete with detailed teaching notes.

Collaborative Teaching Innovation: Promotes co-creation of innovative pedagogical models, having already launched three new methods for classroom engagement.

Global Research Hub: Positions Gyanodaya as an international centre for education research and exchange, showcasing indigenous insights on a worldwide stage.

10) Answer: D

Short Explanation:

Gujarat has initiated the nation’s pioneering Tribal Genome Sequencing Project, aiming to harness genetic science to enhance healthcare outcomes for its tribal populations.

Announced by Minister Dr. Kuber Dindor and backed by the 2025–26 state budget, this effort will generate critical data to enable early disease detection and personalised medical solutions.

Detailed Explanation:

Gujarat has initiated the nation’s pioneering Tribal Genome Sequencing Project, aiming to harness genetic science to enhance healthcare outcomes for its tribal populations.

Scope and Scale: Genome sequencing of 2,000 tribal individuals across 17 districts to capture genetic diversity.

Disease Marker Identification: Targeting hereditary conditions such as sickle cell anaemia, thalassemia, and cancer.

Reference Genome Database: Creation of an India-specific tribal genomic repository for future research and clinical applications.

Implementing Agency: Led by the Gujarat Biotechnology Research Centre (GBRC) using cutting-edge genomic technologies.

11) Answer: D

Short Explanation:

In a historic policy decision, the Maharashtra Cabinet, approved agricultural status for livestock and poultry farming, making Maharashtra the first Indian state to take this inclusive step.

The move is expected to benefit over 3.7 crore livestock farmers by extending core agricultural benefits to allied sectors like dairy, poultry, fisheries, and small ruminant farming.

Detailed Explanation:

The move is expected to benefit over 3.7 crore livestock farmers by extending core agricultural benefits to allied sectors like dairy, poultry, fisheries, and small ruminant farming.

Bridging the Policy Gap: Previously classified as “allied” activities, livestock and poultry farming are now granted parity with crop cultivation, enabling access to mainstream agricultural benefits.

Lower Electricity Tariffs:Poultry sheds, fish ponds, and cattle shelters will now be eligible for agricultural electricity tariffs, reducing power costs significantly.

Tax Relief:Local taxes and levies will be reclassified under agricultural rates, offering much-needed financial relief to livestock farmers.

12) Answer: D

Short Explanation:

Switzerland has completed the ratification process for the Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA).

Detailed Explanation:

Switzerland has completed the ratification process for the Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA).

The EFTA includes Switzerland, Liechtenstein, Norway, and Iceland.

The ratification by Switzerland clears the way for the agreement’s implementation, expected to come into force from October 2025.

The agreement aims to reduce trade barriers and significantly open the Indian market to Swiss exports.

Under the pact, EFTA states plan to invest USD 100 billion in India over the next 15 years.

The agreement is projected to create one million (10 lakh) jobs in India during this period.

Iceland, Liechtenstein, and Norway had already ratified the trade deal earlier.

13) Answer: B

Short Explanation:

The Centre appointed Puneet Kumar Goel, a 1991-batch IAS officer, as the Chief Secretary of Manipur amid the likely extension of President’s Rule in the state.

Puneet Kumar Goel is the fourth Chief Secretary to head the Manipur administration since the outbreak of ethnic violence in May 2023.

Detailed Explanation:

The Centre appointed Puneet Kumar Goel, a 1991-batch IAS officer, as the Chief Secretary of Manipur amid the likely extension of President’s Rule in the state.

Puneet Kumar Goel is the fourth Chief Secretary to head the Manipur administration since the outbreak of ethnic violence in May 2023.

He replaces Prashant Kumar Singh, a 1993-batch IAS officer, who has been appointed Secretary, National Commission for Scheduled Tribes (NCST).

Manipur was placed under President’s Rule on February 13, 2025.

The Manipur Legislative Assembly is currently under suspended animation, not dissolved.

President’s Rule under Article 356(3) of the Constitution is enforced through the Governor’s office, lasting six months, extendable by Parliament up to three years in six-month increments.

14) Answer: D

Short Explanation:

Deepika Sehrawat became the first-ever Indian—male or female—to win the Poligras Magic Skill Award during the 2024–25 FIH Hockey Pro League, honouring her extraordinary solo goal against the world-no. 1 Netherlands.

Detailed Explanation:

Historic First for India: Deepika’s victory marks the first time an Indian player has received this fan-voted global award for creativity and skill.

Background & Early Success:

Hails from Hisar, Haryana; starred at the 2018 Sub-Junior Nationals with 16 goals, earning Best Player.

Debuted for India’s junior team at the 2018 Youth Olympic Qualifiers; part of gold-winning squads at the 2021 Junior Women’s World Cup and Junior Asia Cup.

Made senior international debut in the 2021–22 FIH Pro League.

Award-Winning Moment: Trailing 0–2, she dribbled past multiple defenders, flicked the ball over a stick, and scored a brilliant solo goal to level 2–2; India won the shootout.

15) Answer: E

The QS Best Student Cities Rankings 2026, published by Quacquarelli Symonds, highlighted significant progress for India’s education hubs, with Delhi, Mumbai, Bengaluru, and Chennai all climbing in the global rankings.

Most notably, Delhi secured the top position as the world’s most affordable student city, enhancing India’s appeal as a destination for higher education.

The QS Best Student Cities Rankings evaluate cities based on factors important to students and universities: academic reputation, student diversity, affordability, employer activity, and city desirability.

The rankings support India’s policy goals such as the National Education Policy (NEP) 2020 and Study in India initiatives that encourage internationalisation of education.

16) Answer: C

West Indies all-rounder Andre Russell (37) has confirmed his retirement from international cricket, with his final appearances slated for the T20Is against Australia on July 20 and 22, 2025, at Sabina Park, Jamaica.

Celebrated for his match-winning power-hitting and death-over bowling, Russell leaves behind a legacy defined by explosive performances in maroon.

World Cup Heroics: Instrumental in West Indies’ T20 World Cup triumphs in 2012 and 2016, delivering clutch contributions with both bat and ball.

17) Answer: D

Short Explanation:

India has submitted a letter of request to the United States for the co-production of Javelin anti-tank guided missiles (ATGMs) in India.

The move aligns with the “Make in India” initiative promoted by the NDA government at the Centre.

Detailed Explanation:

India has submitted a letter of request to the United States for the co-production of Javelin anti-tank guided missiles (ATGMs) in India.

The move aligns with the “Make in India” initiative promoted by the NDA government at the Centre.

Co-production will ensure operational readiness and reduce dependence on foreign support.

The talks with the U.S. are in an advanced stage.

The Javelin missile is one of the world’s most advanced third-generation ATGMs.

India is also in talks for the emergency procurement of Javelin missiles amid the urgency to replenish and upgrade weaponry.

The missile system is vital for countering threats from Pakistan and China, strengthening India’s anti-tank warfare capabilities.

18) Answer: D

B Saroja Devi, a Padma Bhushan recipient, passed away at the age of 87 on July 14, 2025.

B Saroja Devi was an acclaimed actress known for films like “Abhinaya Saraswathi” and “KannadathuPaingili.”

Saroja Devi acted in over 200 films across multiple languages including Kannada, Tamil, Telugu, and Hindi.

Born on January 7, 1938, she made her film debut at age 17 with the 1955 Kannada film “Mahakavi Kalidasa.”

B Saroja Devi is noted for being the only Indian actress to play lead roles in over 161 consecutive films in 29 years.

19) Answer: C

World Snake Day on July 16 urges increased awareness for the wide variety of snake species around the world.

The Bannerghatta Biological Park in Bengaluru hosted a special World Snake Day event on 15 -16 July 2025, featuring wildlife education and a unique philatelic initiative.

Organized in collaboration with India Post, the Kalinga Foundation, Wildlife Rescue and Rehabilitation Centre (WRRC), Round Glass Sustain, and other NGOs, the programme aimed to dispel myths and foster respect for snakes.

Theme – “Respect, Don’t Fear: Protecting Nature’s Silent Guardians” underscored the need for compassion in snake conservation.

20) Answer: B

Short Explanation:

On July 18th of this current year, Nelson Mandela International Day 2025 is celebrated and observed worldwide as an honoring event.

Nelson Mandela International Day (also known as Mandela Day) is a yearly international celebration honoringMandela that is observed on his birthday, July 18th.

Detailed Explanation:

On July 18th of this current year, Nelson Mandela International Day 2025 is celebrated and observed worldwide as an honoring event.

Nelson Mandela International Day (also known as Mandela Day) is a yearly international celebration honoring Mandela that is observed on his birthday, July 18th.

On July 18, 1918, Nelson Mandela was born in a village called Mvezo in the Eastern Cape, South Africa.

In 1963 Mandela was jailed for leading the liberation movement against apartheid and he was referred to by his inmate number, 46664.

In 1990, Mandela left prison after 27 years.

This post was last modified on July 19, 2025 2:08 pm

5 months ago

Daily Current Affairs Quiz – 18th July 2025

Related Post