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Current Affairs

Test your knowledge with daily current affairs questions

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Showing questions for June 07, 2025 - Total: 62 questions
Question 46 Jun 07, 2025
What significant change did the RBI make to the cash reserve ratio (CRR) in June 2025?
Reduced it by 100 basis points The Reserve Bank of India (RBI) reduced the cash reserve ratio (CRR) by 100 basis points to 3%, injecting ₹2.5 lakh crore into the banking system. This move aimed to enhance liquidity, reduce funding costs for banks, and improve monetary policy transmission to stimulate credit flow in the economy.
Question 47 Jun 07, 2025
How many basis points has the RBI cut interest rates in total during 2025?
100 basis points In 2025, the RBI implemented a total reduction of 100 basis points in interest rates. It began with a 25-basis-point cut in February, followed by another 25-basis-point cut in April, and concluded with a 50-basis-point cut in June, reflecting its accommodative stance to support economic growth amid inflationary moderation.
Question 48 Jun 07, 2025
What new rule regarding gold loans was announced by the RBI in June 2025?
Exemption from credit appraisal for loans up to ₹2.5 lakh The RBI introduced simplified gold loan regulations exempting lenders from mandatory credit appraisal for loans up to ₹2.5 lakh when gold is used as collateral. The move aims to ease access to credit for small borrowers while maintaining due diligence for larger or priority sector-linked loans.
Question 49 Jun 07, 2025
What condition did SEBI impose on Mehul Choksi’s bank accounts?
No debit allowed, only credits permitted SEBI issued strict directives to banks, depositories, and mutual funds prohibiting any debit from Mehul Choksi’s accounts. However, credits were allowed to ensure that income could still flow into the accounts while recovery proceedings were underway to realize dues from his assets.
Question 50 Jun 07, 2025
What was the primary reason for the slowdown in passenger vehicle sales in May 2025?
Constrained financing and weak consumer demand Passenger vehicle sales declined in May 2025 due to constrained financing options and weak consumer demand. Entry-level models were especially affected, as buyers hesitated amid economic uncertainty and tighter lending conditions imposed by financial institutions.

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