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Daily Current Affairs
18 July June, 2025
1. Which city secured the 1st rank in the category of cities with population over 10 lakh in the Swachh Survekshan 2024–25?
A) Bhopal
B) Lucknow
C) Ahmedabad
D) Indore
E) Surat
Answer: C) Ahmedabad
Explanation: Ahmedabad ranked 1st among cities with population over 10 lakh in the Swachh Survekshan 2024–25, conducted by the Ministry of Housing and Urban Affairs.
2. What is the primary objective of SEBI’s recent restrictions on F&O trading?
A) Increase retail participation
B) Encourage intraday trading
C) Curb speculation and protect retail investors
D) Promote short-selling
E) Reduce lot sizes
Answer: C) Curb speculation and protect retail investors
Explanation: SEBI imposed curbs due to data showing 91% of retail F&O traders incurred losses. The goal is to discourage speculative behavior and encourage safer, long-term investment strategies.
3. Akash Prime is a missile system designed for which purpose?
A) Anti-submarine warfare
B) Ballistic missile defense
C) Surface-to-surface attack
D) Neutralizing aerial threats
E) Cyber defense
Answer: D) Neutralizing aerial threats
Explanation: Akash Prime is a surface-to-air missile system developed by DRDO to intercept and destroy aerial threats like drones and aircraft, especially in high-altitude regions.
4. What is the reason for the decline in ELSS (Equity Linked Savings Scheme) investments recently?
A) Low returns
B) 5-year lock-in
C) New tax regime without 80C deductions
D) RBI ban on ELSS
E) High expense ratios
Answer: C) New tax regime without 80C deductions
Explanation: Under the new tax regime, the 80C deduction benefit is unavailable, making ELSS less attractive despite being a tax-saving investment under the old regime.
5. What new compliance is mandated for NGOs to receive CSR funding post July 2025?
A) Register under Startup India
B) Registration under Companies Act
C) Mandatory FCRA approval
D) Filing Form CSR-1 and IT registrations (12A, 80G)
E) SEBI registration
Answer: D) Filing Form CSR-1 and IT registrations (12A, 80G)
Explanation: The Ministry of Corporate Affairs requires NGOs to file Form CSR-1 and be registered under 12A/80G of the Income Tax Act to ensure transparency in CSR funding.
6. What is the main advantage of grain-based ethanol over sugarcane-based ethanol for cooperative mills?
A) Lower emission
B) Better taste
C) Year-round production
D) Higher water usage
E) Export incentives
Answer: C) Year-round production
Explanation: Grain-based ethanol allows cooperative mills to operate beyond the seasonal limits of sugarcane, enabling year-round ethanol production and contributing to rural employment and E20 blending goals.
7. What factor has made active factor-based mutual funds popular in recent years?
A) Government subsidy
B) High dividend payouts
C) Custom models and dynamic allocation
D) No SEBI regulations
E) Free trading fees
Answer: C) Custom models and dynamic allocation
Explanation: Active factor-based mutual funds use customized quantitative models to optimize returns using factors like momentum, quality, and value, gaining popularity among fund houses and investors.
8. Which cantonment board won “Best Cantonment Board” in Swachh Survekshan 2024–25?
A) Delhi Cantonment
B) Ambala Cantonment
C) Secunderabad Cantonment
D) Pune Cantonment
E) Lucknow Cantonment
Answer: C) Secunderabad Cantonment
Explanation: Secunderabad Cantonment was awarded the Best Cantonment Board for its performance in cleanliness and waste management under the Swachh Survekshan 2024–25.
9. RBI’s new climate risk disclosure norms will be mandatory from which financial year?
A) 2025–26
B) 2026–27
C) 2027–28
D) 2028–29
E) 2029–30
Answer: C) 2027–28
Explanation: RBI has announced that climate risk disclosures by banks and financial institutions will become mandatory from FY 2027–28, supporting India’s Net Zero 2070 vision.
10. Which town received the “Best Ganga Town” award in the Swachh Survekshan 2024–25 rankings?
A) Patna
B) Kanpur
C) Haridwar
D) Prayagraj
E) Varanasi
Answer: D) Prayagraj
Explanation: Prayagraj was recognized as the Best Ganga Town in Swachh Survekshan 2024–25 for its outstanding efforts in maintaining cleanliness around the Ganga River.
