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Daily Current Affairs
2 August, 2025
1. What is the main objective of the ‘Apna Ghar’ initiative launched by the Ministry of Petroleum and Natural Gas in 2025?
A. Providing housing for migrant workers
B. Promoting driverless vehicles
C. Building rest facilities for truck drivers
D. Offering free fuel at highways
E. Skill training for logistics workers
Answer: C. Building rest facilities for truck drivers
Explanation: 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.
2. What caused the failure of the PSLV-C61/EOS-09 mission according to ISRO’s investigation?
A. Engine failure in the first stage
B. Fuel leak in launchpad
C. Third-stage anomaly
D. Satellite malfunction
E. Weather interference
Answer: C. Third-stage anomaly
Explanation: The mission failed due to an anomaly in the third stage, even though the lift-off and earlier stages functioned normally.
3. What is the significance of ISRO launching the U.S.-developed BlueBird satellite aboard LVM3?
A. First Indian satellite to the Moon
B. First reusable launch vehicle test
C. Strengthens India–U.S. space collaboration
D. Launch from a foreign spaceport
E. Use of AI for launch control
Answer: C. Strengthens India–U.S. space collaboration
Explanation: The BlueBird launch represents continued cooperation between India and the U.S., showcasing India’s capabilities as a global launch partner.
4. Which of the following is a new feature introduced in the second phase of the PM SVANidhi Scheme?
A. Free food vouchers
B. Digital loan repayment tracking
C. UPI-linked credit cards for vendors
D. Automatic loan waiver
E. Street vendor insurance
Answer: C. UPI-linked credit cards for vendors
Explanation: In the updated PM SVANidhi scheme, UPI-linked credit cards with a limit of ₹30,000 were introduced to deepen digital financial inclusion.
5. What is the purpose of RBI’s ‘MuleHunter’ platform?
A. Promoting online banking
B. Tracking cryptocurrency
C. Detecting fraudulent mule accounts
D. Offering AI-based credit scoring
E. Automating loan approvals
Answer: C. Detecting fraudulent mule accounts
Explanation: MuleHunter is an AI-driven platform developed by the RBI Innovation Hub to detect and prevent bank frauds using mule (fraudulent) accounts.
6. Under SEBI’s proposed IPO reforms, what is the reduced minimum public dilution for companies with a valuation over ₹1 trillion?
A. 10%
B. 7.5%
C. 6%
D. 5%
E. 2.5%
Answer: E. 2.5%
Explanation: SEBI may allow companies with high valuations to dilute only 2.5% instead of the earlier 5%, easing their IPO requirements.
7. Why has ICICI Bank begun charging payment aggregators for UPI transactions?
A. To increase user adoption
B. Due to RBI mandate
C. For environmental reasons
D. To recover backend costs
E. For enhancing customer service
Answer: D. To recover backend costs
Explanation: Banks like ICICI are charging aggregators to compensate for the infrastructure and processing costs of free UPI transactions.
8. According to NPCI’s revised UPI rules (August 2025), what is the maximum number of balance checks allowed per day per app?
A. 20
B. 25
C. 30
D. 40
E. 50
Answer: E. 50
Explanation: Users can check their bank balance up to 50 times per day per UPI app under the new NPCI guidelines.
9. How much water usage can AI-based irrigation systems reduce in Indian agriculture?
A. 20%
B. 30%
C. 40%
D. 80%
E. 10%
Answer: D. 80%
Explanation: AI-enabled irrigation systems can reduce water consumption by 80% while improving crop yields.
10. What is one major challenge in adopting AI technology in Indian agriculture?
A. Lack of mobile phones
B. High cost of fertilizers
C. Poor weather forecasting
D. Limited digital literacy among farmers
E. Pesticide shortages
Answer: D. Limited digital literacy among farmers
Explanation: A major barrier is that many farmers are unaware or unable to use AI-enabled tools due to low digital literacy.
