August 2025 Current Affairs Quiz PDF with Answers

Answer: C. High trade barriers and India’s defence and energy ties with Russia

The 25% tariff was part of the proposed Russia Sanctions Act 2025 and aimed at penalizing India’s continued trade, especially energy and defence, with Russia while also pressuring India to lower trade barriers with the U.S.

Answer: C. Sawalkote Hydroelectric Project

The 1,856 MW Sawalkote project in Jammu & Kashmir, originally planned in the 1980s, was revived by India as a strategic move to use its share of western rivers under the Indus Waters Treaty.

Answer: C. Dual-frequency Synthetic Aperture Radar (SAR)

NISAR uses dual-frequency SAR (L-band from NASA and S-band from ISRO) to monitor Earth's surface changes for climate and disaster management.

Answer: C. Extended director tenure to 10 years (except chairpersons)

The Act extended the tenure of cooperative bank directors to 10 years, aligning governance with democratic principles post the 97th Constitutional Amendment.

Answer: D. Technical issues with new interface

IOB faced login failures and intermittent service on the new platform, prompting a rollback to the old interface to ensure customer service continuity.

Answer: B. Positive price trends and abnormal valuation ratios as criteria

SEBI’s revised framework now shortlists companies with positive short-term price trends and either extremely high or negative PE ratios for stricter trading restrictions.

Answer: C. With landowner's written permission and state approval

The Union Agriculture Minister announced that tenant farmers can benefit from PMFBY and MSP schemes if authorised by landowners and permitted by the state.

Answer: C. Saves time and improves seed distribution

Drones were used to sow germinated seeds uniformly in Pokkali fields, saving time and improving yields by enhancing crop establishment.

Answer: D. ICRISAT

ICRISAT launched an AI-powered agromet advisory service under Monsoon Mission III to support climate-resilient agriculture using AI and local-language WhatsApp bots.

Answer: C. To identify climate-tech startup challenges

The map highlights 25 high-impact challenges across sectors like energy, water, and agriculture for climate-tech innovation and startup growth in India.

Answer: C. Building rest facilities for truck drivers

The ‘Apna Ghar’ initiative is designed to provide dignified rest infrastructure for long-haul truck drivers across highways to reduce fatigue and promote road safety.

Answer: C. Third-stage anomaly

The mission failed due to an anomaly in the third stage, even though the lift-off and earlier stages functioned normally.

Answer: C. Strengthens India–U.S. space collaboration

The BlueBird launch represents continued cooperation between India and the U.S., showcasing India's capabilities as a global launch partner.

Answer: C. UPI-linked credit cards for vendors

In the updated PM SVANidhi scheme, UPI-linked credit cards with a limit of ₹30,000 were introduced to deepen digital financial inclusion.

Answer: C. Detecting fraudulent mule accounts

MuleHunter is an AI-driven platform developed by the RBI Innovation Hub to detect and prevent bank frauds using mule (fraudulent) accounts.

Answer: E. 2.5%

SEBI may allow companies with high valuations to dilute only 2.5% instead of the earlier 5%, easing their IPO requirements.

Answer: D. To recover backend costs

Banks like ICICI are charging aggregators to compensate for the infrastructure and processing costs of free UPI transactions.

Answer: E. 50

Users can check their bank balance up to 50 times per day per UPI app under the new NPCI guidelines.

Answer: D. 80%

AI-enabled irrigation systems can reduce water consumption by 80% while improving crop yields.

Answer: D. Limited digital literacy among farmers

A major barrier is that many farmers are unaware or unable to use AI-enabled tools due to low digital literacy.

Answer: B. SE2000

The upgraded LVM3 will use the SE2000 semi-cryogenic engine, delivering 200 tonnes of thrust using RP-1 (refined kerosene) and liquid oxygen (LOX), replacing the current L110 stage.

Answer: C. Create a Child Index to guide welfare policies

The survey, conducted by MoSPI and MoWCD, aims to identify children in need and in conflict with the law, forming a Child Index to strengthen evidence-based child welfare policies under Mission Vatsalya.

Answer: C. Greenwashing

The taxonomy includes strong eligibility standards and verification criteria to prevent greenwashing, ensuring that climate-labeled investments are genuinely climate-aligned.

Answer: C. Real-time digital tracking of child welfare cases

The portal integrates services like Khoya-Paya and TrackChild, allowing multi-stakeholder access and real-time case monitoring, improving coordination and implementation of child protection schemes.

Answer: C. Index funds and ETFs

Choice AMC plans a phased rollout starting with passive investment products like index funds and exchange-traded funds to ensure affordable and diversified retail access.

Answer: C. Long-short equity and debt strategy

The new QSIF Equity Long-Short Fund will follow a strategy of taking long positions in rising assets and short positions in falling ones, offering risk-adjusted returns.

Answer: C. To resolve fraud and stabilize operations

The fraud-hit New India Co-operative Bank faced a ₹122 crore scam. RBI allowed the voluntary merger with Saraswat Bank to protect depositors and stabilize operations.

Answer: C. Aadhaar-based face authentication

IPPB launched India’s first large-scale facial authentication banking feature using Aadhaar’s facial recognition, enhancing inclusion and accessibility.

Answer: C. Iron

These bio-fortified potatoes are enriched with iron to help tackle iron deficiency and related anemia, especially in vulnerable populations.

Answer: C. Providing peer-to-peer agricultural education

Agri-influencers share farming techniques and practices through digital content in local languages, transforming public perception and fostering grassroots education.

Answer: C. To restore ecological balance and biodiversity in degraded landscapes

The Matri Van initiative aims at ecological restoration of the degraded Aravalli Hills and promoting biodiversity through native flora plantation and eco-friendly amenities.

Answer: C. Ek Ped Maa Ke Naam

The Matri Van is part of the broader environmental movement "Ek Ped Maa Ke Naam", promoting tree plantation and ecological awareness.

Answer: B. Delhi

Delhi ranked first in the IEMI 2024 based on EV adoption, charging infrastructure, and innovation ecosystem.

Answer: D. Bengaluru

Bengaluru was ranked 26th globally and the top city in India for AI ecosystem development, including research, startups, and data centers.

Answer: C. Integration of physical branches and digital banking services

Phygital banking combines physical presence (branches, ATMs) with digital platforms (mobile apps, UPI) to deliver seamless services.

Answer: C. ₹3,000 crore + 2.5% of excess OR ₹5,000 crore, whichever is lower

SEBI proposed a new RPT framework to ease compliance while maintaining governance. For high turnover firms, this is a cap-based materiality threshold.

Answer: C. Multiple violations including misleading promotions, governance conflicts, and unregulated commissions

Policybazaar was penalized for breaching IRDAI regulations including biased promotions, delayed premium transfers, and outsourcing violations.

Answer: C. Herbicides

Herbicide usage is growing rapidly in India, driven by high labor costs and the need for mechanized weed control.

Answer: C. March 2025

India achieved the 20% ethanol blending (E20) target ahead of the planned 2025-26 timeline, helping reduce pollution and fuel import dependency.

Answer: C. Engine corrosion and fuel system degradation

Ethanol's hygroscopic nature increases internal moisture, leading to corrosion, fuel system clogging, and degradation of vehicle components.

Answer: C) 100–250 mm/hour over 1 sq km

A cloudburst is defined as extreme rainfall between 100–250 mm/hour in a limited area of 1 sq km, often causing flash floods and landslides.

Answer: D) 107th

Moldova became the 107th member of the International Solar Alliance, a global initiative led by India and France to promote solar energy.

Answer: C) Mach 2.8–3.0

The BrahMos missile flies at speeds of Mach 2.8–3.0 and has a range of about 290 km. It is jointly developed by India and Russia.

Answer: C) Real-time forex trading for businesses

bob FxOne is a digital forex platform enabling real-time trading for MSMEs and corporates with tools to manage currency risks.

Answer: C) Banks can open SRVAs without RBI approval

RBI now allows Authorized Dealer (AD) banks to open SRVAs without prior approval, promoting rupee-based international trade.

Answer: D) Improve pension transparency and digital access

PFRDA CONNECT enhances transparency and user experience in India’s pension system, aligning with Digital India standards.

Answer: C) Educate dairy farmers with scientific resources

The Farmers’ Library provides access to scientific and sustainable dairy farming knowledge, enhancing farmer productivity.

Answer: C) European Union Deforestation Regulation (EUDR)

The Agentic AI tool helps exporters automate compliance with the EU’s 2025 Deforestation Regulation, ensuring sustainability and traceability.

Answer: D) Preventing over-indebtedness and promoting digital literacy

RBI and NABARD are running awareness programs to enhance digital financial skills and prevent over-indebtedness in rural areas.

Answer: B. Carriage of Goods by Sea Act, 1925

The Carriage of Goods by Sea Bill, 2025 repeals the colonial-era Carriage of Goods by Sea Act, 1925, modernizing India's maritime trade laws in line with international conventions.

Answer: C. Bills of lading and carrier liability

The Hague–Visby Rules are international conventions standardizing bills of lading and clearly defining carrier obligations and liabilities in the carriage of goods by sea.

Answer: B. ₹55.75/kg

In the first SECI auction under Mode-2A of the SIGHT Scheme, India achieved a record-low Green Ammonia price of ₹55.75/kg, supporting the National Green Hydrogen Mission’s goals.

Answer: B. Merchant Shipping Bill, 2024

The Merchant Shipping Bill, 2024 modernizes India’s maritime law, replacing the Merchant Shipping Act, 1958, with a simpler and globally aligned framework.

Answer: C. 5.5%

The RBI’s Monetary Policy Committee maintained the repo rate at 5.5% in August 2025, despite low inflation, to ensure economic stability amid global uncertainties.

Answer: B. Weighted Average Call Rate

WACR is the average interest rate at which banks borrow from each other overnight in the unsecured market, reflecting RBI’s liquidity stance accurately.

Answer: C. Retail Direct

RBI’s Retail Direct platform now allows systematic investment in T-bills, enabling retail investors to invest fixed amounts periodically, similar to mutual fund SIPs.

Answer: C. 10%

RBI’s revised framework mandates all regulated entities in co-lending arrangements to retain at least 10% of each loan on their own books to ensure risk sharing.

Answer: A. Prevent premature FD closure digitally

Axis Bank’s ‘Lock FD’ adds a security layer preventing premature FD closure through digital channels, requiring physical branch visits for closure to prevent fraud.

Answer: E. Finacle 10

Punjab became the first state to upgrade cooperative banks from Finacle 7 to Finacle 10, enhancing digital banking speed, security, and rural service delivery.

Answer: C. August 1, 2025

The U.S. President announced a 25% tariff on Indian imports on July 30, 2025, to be implemented from August 1, 2025, under the Russia Sanctions Act 2025 context.

Answer: B. Russia Sanctions Act 2025

The 25% import tariff on Indian goods is associated with the proposed Russia Sanctions Act 2025, due to India’s continued trade and defence relations with Russia.

Answer: B. High trade barriers and energy ties with Russia

The U.S. cited India’s high trade barriers and continued energy and defence relations with Russia as the main reasons for imposing the tariffs.

Answer: C. U.S. President

The U.S. President officially announced the 25% import tariff on Indian goods on July 30, 2025.

Answer: B. Export-oriented manufacturing

The tariff targets imported goods from India, which directly affects export-oriented manufacturing sectors.

Answer: C. Trade policy

Tariffs are part of trade policy, used by governments to regulate imports and protect domestic industries.

Answer: B. Depreciation of the Indian rupee

Reduced export earnings mean fewer U.S. dollars entering India, which can weaken the rupee against the dollar.

Answer: B. Textiles and apparel

Textiles and apparel are among India’s major exports to the U.S., making them sensitive to tariff changes.

Answer: B. Protect domestic industries

By making imported goods more expensive, tariffs aim to give domestic producers a competitive advantage.

Answer: C. Spices, rice, and tea

India exports a variety of agricultural goods, including spices, rice, and tea, to the U.S., which could face reduced competitiveness due to tariffs.

Answer: B) Income Tax Act, 1961

The Revised Income Tax Bill, 2025 aims to replace the Income Tax Act, 1961, which has been in force for more than 60 years, incorporating major reforms and simplifying compliance.

Answer: C) Notional rent on vacant property

The Bill removes the provision for notional rent on vacant property to rationalise property taxation and provide relief to property owners.

Answer: D) 81%

Jal Jeevan Mission, launched in August 2019, increased rural tap water coverage from 17% in 2019 to 81% in 2025, benefiting over 15.68 crore rural households.

Answer: B) MAT

Minimum Alternate Tax (MAT) applies to companies, ensuring they pay a minimum tax (around 15%) on book profits even if deductions reduce their taxable income.

Answer: C) Exempt from AMT

The amendment exempts LLPs whose income consists only of capital gains and who do not claim specified deductions from Alternate Minimum Tax (AMT) liability.

Answer: B) Fund Management Entity (FME)

SEBI updated terminology in its proposals, replacing “sponsor or manager” with “Fund Management Entity” (FME) in Foreign Portfolio Investor (FPI) regulations.

Answer: C) ₹25 crore

SEBI proposed lowering the minimum investment threshold for LVFs from ₹70 crore to ₹25 crore to broaden participation while maintaining investor sophistication.

Answer: C) Mandatory separate demat accounts for FPI and FVCI investments

SWAGAT-FI allows a single demat account with regulatory tagging, not mandatory separate accounts, simplifying investment processes.

Answer: C) Handloom for Reinvigorating the Rural Economy of Assam

NABARD’s 2025 event in Guwahati focused on revitalising Assam’s rural economy through handloom promotion and women’s empowerment.

Answer: B) IIT Roorkee

NABARD collaborated with IIT Roorkee to create a long-term development roadmap for Assam’s handloom sector.

Answer: C) SiCSem Pvt. Ltd. – Odisha

SiCSem Pvt. Ltd., in partnership with Clas-SiC Wafer Fab Ltd. (UK), is India’s first commercial SiC compound semiconductor fab in Odisha, for defence, EVs, solar inverters, etc.

Answer: B) National Mineral Exploration and Development Trust (NMEDT)

The Bill renamed NMET → NMEDT, expanded mandate to include offshore & global exploration for critical minerals. Contribution of leaseholders also raised from 2% → 3% of royalty.

Answer: B) Indian Ports Bill, 2025

The Indian Ports Bill, 2025 replaces the 1908 Act. It introduces modern regulations, digital port procedures, green & safe port norms, and creates bodies like MSDC & State Maritime Boards.

Answer: C) State Health Regulatory Excellence Index

SHRESTH is India’s first State Health Regulatory Excellence Index, benchmarking state drug regulatory systems with WHO standards. It ranks states monthly and promotes uniform drug regulation.

Answer: C) Online Payment Aggregator

RBI approved Paytm Payments Services Ltd. to function as an Online Payment Aggregator, allowing it to onboard merchants and enable them to accept multiple forms of digital payments.

Answer: C) IBC Amendment Bill, 2025

The Insolvency & Bankruptcy Code (IBC) Amendment Bill, 2025 aims to speed up resolution through group insolvency, cross-border insolvency, and pre-packaged insolvency for corporates.

Answer: D) October 31, 2025

The ‘Pull/Collect’ UPI transaction feature will be discontinued from 31 October 2025 as fraudsters misused it to trick users into approving unauthorized payments.

Answer: B) Income Tax Act, 1961

The Income Tax Bill, 2025 replaces the Income Tax Act, 1961 after six decades. It introduces a “Tax Year” system, expands digital asset definitions, and mandates digital compliance.

Answer: B) Central Government Securities

RBI permitted surplus balances in Vostro accounts (maintained by Indian banks for foreign banks) to be invested in Central Government Securities to promote INR trade settlements.

Answer: D) Food, housing, transport, fuel, clothing, miscellaneous services

The Consumer Price Index (CPI) includes food & beverages, clothing, housing, fuel & light, and miscellaneous items (education, health, transport, etc.) to measure retail inflation.

Answer: B) Multi-layered protection of India’s strategic, civilian, and religious sites

Mission Sudarshan Chakra, announced on 15th August 2025, aims to build an advanced multi-layered shield for vital installations. It blends cultural ethos with modern defence technology and is managed by the Ministry of Defence.

Answer: C) Offshore oil and gas discovery

Launched on Independence Day 2025, the National Deep Water Exploration Mission focuses on discovering offshore oil and gas reserves, especially in the Andaman Sea and Andhra coast, to strengthen energy security.

Answer: B) Two

The GST revamp proposes a simplified two-slab regime: 5% for essentials and 18% for standard goods/services, plus a special 40% rate for select items like tobacco and alcohol.

Answer: B) Payment Aggregator (PA)

PAs handle customer funds directly and must obtain RBI authorisation under the Payment and Settlement Systems Act, 2007. TPAs only provide tech platforms and don’t require such approval.

Answer: C) With-profit policies

Par products are “with-profit policies” where policyholders share in the insurer’s surplus through bonuses like reversionary, cash, or terminal bonuses.

Answer: C) Collect Request (P2P Collect)

The NPCI decided to discontinue the P2P Collect feature that allowed users to request payments from others, as it was increasingly misused by fraudsters.

Answer: B) Proportion of deposits lent out as credit

The CD ratio shows how much of a bank’s deposits are given as loans. Currently, it remains below 80%, meaning credit growth lags behind deposit growth.

Answer: B) Continuous clearing

RBI is moving to continuous cheque clearing where cheques will be processed throughout business hours, reducing settlement time to within the same day.

Answer: D) Guaranteed maturity bonus

Smart Shield Plus is a pure term plan (non-linked, non-participating) offering only risk cover. It has level cover, increasing cover, and future-proofing options, but no maturity bonus.

Answer: C) Women’s financial and health empowerment

PSB Naari Shakti account offers women-centric financial services along with health benefits like cancer cover, accident insurance, and free health check-ups.

Answer: C) Article 200 </br>

Article 200 specifies the Governor’s powers on state bills – assent, withhold, or reserve for President. Article 201 relates to President’s veto, and Article 142 provides SC’s power to ensure complete justice.

Answer: B) Sundarbans, Bhitarkanika & Andaman-Nicobar Islands </br>

In India, saltwater crocodiles are mainly found in Sundarbans (West Bengal), Bhitarkanika National Park (Odisha), and the Andaman & Nicobar Islands.

Answer: C) 129th Amendment Bill, 2024 </br>

The Constitution (129th Amendment) Bill, 2024 introduces Article 82A to allow simultaneous elections for Lok Sabha and State Assemblies.

Answer: C) Completely ban real-money online gaming platforms </br>

The Bill seeks to prohibit all online real-money gaming (RMG), including skill-based and chance-based formats, due to addiction and financial risks.

Answer: B) UAE </br>

UAE contributed about one-fifth of total foreign investment in Indian mutual funds, making it the top contributor.

Answer: C) ₹1 lakh crore </br>

UCF is a ₹1 lakh crore competitive, performance-linked financing model to promote sustainable and innovative urban development.

Answer: C) Free-Float Market Capitalization </br>

The Nifty Bank Index uses the free-float market capitalization method, focusing on 12 liquid large-cap banking stocks.

Answer: C) InvITs & REITs </br>

Both InvITs (infrastructure) and REITs (real estate) are required by SEBI regulations to distribute 90% of net distributable cash flows to unit holders.

Answer: B) .bank.in

PNB migrated its website to www.pnb.bank.in as per RBI’s cybersecurity guidelines. IDRBT is the registrar for the .bank.in domain.

Answer: D) 46% </br>

Urea contains 46% nitrogen, the highest among solid nitrogenous fertilizers, making it the most cost-effective and widely used in India.

Answer: B) Mission Sudarshan Chakra

IADWS is a multi-layered air defence system developed under Mission Sudarshan Chakra, aiming to create an indigenous Iron Dome-like system by 2035.

Answer: C) Parachute-based recovery system

ISRO’s IADT-01 validated the parachute-based recovery system of the Gaganyaan crew module to ensure safe descent and landing for astronauts.

Answer: B) 2–3%

The WHO–WMO report highlighted that productivity reduces by 2–3% for every degree above 20°C, mainly affecting sectors like agriculture, fisheries, and construction.

Answer: C) Ensuring fair closing price discovery

CAS helps arrive at a single closing price by matching orders at equilibrium, reducing volatility and manipulation at market close.

Answer: D) Guaranteed monthly pension of ₹5,000

PMJDY provides zero balance accounts, RuPay cards, overdraft, insurance, and DBT support. However, it does not provide a fixed pension scheme.

Answer: C) 10%

As a public shareholder, LIC’s voting rights are capped at 10% and it no longer has board representation or management control.

Answer: D) South Indian Bank

South Indian Bank launched ‘SIB Gold Xpress’ offering loans up to 90% of gold’s value with amounts ranging from ₹25,000 to ₹25 lakh.

Answer: C) 15th of every month

Under VOPPA 2025, all vegetable oil producers must file monthly reports on production, stock, and sales by the 15th of every month.

Answer: B) “One fish, one paddy” initiative

The Kuttanad project encourages sustainable aquaculture practices like integrated farming, cage farming, biofloc, and the unique “one fish, one paddy” approach.

Answer: B) Diagnosing traumatic brain injuries

CEREBO is a portable, non-invasive diagnostic device that detects brain bleeding and swelling using near-infrared spectroscopy, aimed at rural and emergency care.

Answer: C) Lunar Module Launch Vehicle (LMLV)

ISRO is developing LMLV, India’s heaviest rocket, targeted to be ready by 2035. It will carry ~27 tonnes payload to the Moon and enable crewed missions by 2040.

Answer: D) 40.3%

According to the Labour Ministry’s PLFS data, women’s WPR almost doubled from 22% (2017-18) to 40.3% (2023-24), while unemployment fell from 5.6% to 3.2%.

Answer: C) Project 17A

Both INS Udaygiri and INS Himgiri are advanced Nilgiri-class stealth frigates built under Project 17A, equipped with BrahMos, Barak-8, and stealth design.

Answer: C) Land acquisition problems

SBSP eliminates land-use issues by placing satellites in orbit. Its main challenges include huge costs, orbital risks, and infrastructure requirements.

Answer: C) Minimum guaranteed pension post-retirement

UPS combines features of OPS and NPS, providing assured payouts post-retirement while still involving contributions from employee and employer.

Answer: B) United States

RBI Governor Sanjay Malhotra said policy measures would be taken if the new 50% U.S. tariff on select imports impacts India’s economy.

Answer: C) BBB- (Stable)

Fitch Ratings maintained India’s lowest investment-grade rating (BBB-) with a stable outlook, citing strong growth but high fiscal deficit concerns.

Answer: C) 36%

The “Charting New Frontiers” report shows corporates are shifting from bank loans to capital markets, private credit, and ECBs.

Answer: D) State Bank of India (SBI)

SBI’s Chairperson urged RBI to allow banks to finance M&A deals, which could strengthen domestic credit markets and reduce NBFC dependency.

Answer: C) Using data-driven tools for efficient water management

Water intelligence uses IoT, AI, predictive analytics, and smart irrigation to improve efficiency, reduce wastage, and enhance climate resilience.

Answer: C. Poshan Bhi Padhai Bhi

The Poshan Bhi Padhai Bhi initiative focuses on turning Anganwadi Centres from nutrition hubs into activity-based early learning spaces with structured child engagement.

Answer: C. 3–6 years

Aadharshila is a structured, play-based curriculum developed by NCERT for children aged 3–6 years, focusing on foundational literacy, numeracy, socio-emotional and motor skills.

Answer: B. Triple the cooperative sector’s GDP share

The National Cooperative Policy, 2025 seeks to triple the cooperative sector’s GDP share by 2034, with 50 crore members and at least one cooperative in every village.

Answer: D. 20 lakh

The Adi Karmayogi Initiative under the Ministry of Tribal Affairs targets to create 20 lakh change leaders in tribal villages for participatory governance and welfare delivery.

Answer: B. Digital collection of Panchayat revenues

The SAMARTH Panchayat Portal digitises Panchayat tax and non-tax revenue collection, providing transparency, online payments, and a national database on Panchayat finances.

Answer: C. Investor Education and Protection Fund (IEPF)

Under Section 124, unclaimed dividends for 7 years along with related shares are transferred to the IEPF to safeguard investors’ interests.

Answer: C. Seven

The FREE-AI Framework rests on Seven Sutras, including trust, fairness, accountability, people-first, safety, innovation, and transparency.

Answer: D. Malaysia

Malaysia launched Ryt Bank, the first AI-powered digital bank, featuring AI assistant Ryt AI, multilingual support, instant credit, and digital savings solutions.

Answer: C. ₹181

PhonePe’s Home Insurance provides affordable digital policies starting at just ₹181/year, with coverage up to ₹12.5 crore against 20+ risks.

Answer: C. Biomass co-firing in thermal power plants

The SAMARTH Mission (2021) promotes biomass co-firing in coal-based thermal power plants, aiming to reduce stubble burning, cut carbon emissions, and provide farmers extra income.