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Daily Current Affairs
30 July, 2025
1. What is the maximum range of the Pralay surface-to-surface quasi-ballistic missile developed by DRDO?
A. 350 km
B. 400 km
C. 500 km
D. 700 km
E. 1000 km
Answer: C. 500 km
Explanation: The Pralay missile, developed by DRDO, has a maximum range of up to 500 km. It is a solid-fuel, road-mobile, quasi-ballistic missile designed for precision battlefield strikes.
2. India’s Gini Index score of 25.5 places it in which of the following categories?
A. High inequality
B. Very high inequality
C. Low inequality
D. Moderately low inequality
E. Perfect equality
Answer: D. Moderately low inequality
Explanation: A Gini Index score of 25.5 indicates moderately low income inequality. However, critics argue this under-represents actual inequality due to India’s large informal economy and digital, gender-based disparities.
3. Which Tiger Reserve ranks third in tiger density as of 2024, according to the latest rankings released on Global Tiger Day 2025?
A. Corbett Tiger Reserve
B. Bandipur Tiger Reserve
C. Ranthambore Tiger Reserve
D. Kaziranga Tiger Reserve
E. Nagarhole Tiger Reserve
Answer: D. Kaziranga Tiger Reserve
Explanation: With 18.65 tigers per 100 sq. km, Kaziranga Tiger Reserve in Assam is ranked third in tiger density, after Bandipur and Corbett reserves.
4. A newly discovered Harappan site was found in the core arid region of the Thar Desert at which of the following places?
A. Kalibangan
B. Dholavira
C. Lothal
D. Ratadiya Ri Dheri
E. Mohenjo-daro
Answer: D. Ratadiya Ri Dheri
Explanation: The new Harappan site Ratadiya Ri Dheri in Jaisalmer, Rajasthan, is significant for being the first discovered in the arid core of the Thar Desert, expanding IVC’s geographic reach.
5. According to the IMF’s July 2025 forecast, what is India’s revised GDP growth projection for FY2025–26?
A. 6.0%
B. 6.2%
C. 6.3%
D. 6.4%
E. 6.6%
Answer: D. 6.4%
Explanation: The IMF revised India’s GDP growth projection for FY26 to 6.4%, up from the earlier forecast of 6.2%, citing lower inflation and reform momentum.
6. What is the maximum investment cap for all Regulated Entities (REs) in a single Alternative Investment Fund (AIF) scheme as per RBI’s updated norms?
A. 5%
B. 10%
C. 15%
D. 20%
E. 25%
Answer: D. 20%
Explanation: RBI capped total RE investment in a single AIF scheme at 20% of its corpus, with an individual RE limited to 10%, to control indirect exposure risks.
7. Which of the following startups became the first to receive SEBI’s approval to test fractional share trading in its innovation sandbox?
A. Zerodha
B. Paytm Money
C. Xaults
D. Upstox
E. Groww
Answer: C. Xaults
Explanation: Xaults, a Bengaluru-based startup, received SEBI’s approval to test fractional shares via its innovation sandbox, aiming to increase retail market access.
8. Which of the following statements is TRUE about the new Digital Credit Assessment Model for MSMEs launched in March 2025?
A. It is only available for rural MSMEs.
B. It requires extensive physical documentation.
C. It allows loan decisions within 24 hours.
D. It does not verify income tax data.
E. It is applicable only for private banks.
Answer: C. It allows loan decisions within 24 hours.
Explanation: The new digital credit model for MSMEs enables fully automated, paperless loan decisions within 24 hours using real-time data from PAN, GST, ITR, and credit bureaus.
9. According to NABARD’s RECSS July 2025, what percentage of rural households expect their income to rise in the next year?
A. 56.4%
B. 65.6%
C. 74.7%
D. 76.6%
E. 52.6%
Answer: C. 74.7%
Explanation: In NABARD’s RECSS survey, 74.7% of rural households expressed optimism that their income would increase over the next year—highest recorded so far.
10. As per NABARD’s latest survey, what is the approximate share of formal sources in rural household credit?
A. 35%
B. 42%
C. 52.6%
D. 63%
E. 75%
Answer: C. 52.6%
Explanation: The NABARD survey shows 52.6% of rural households now rely exclusively on formal credit sources, an all-time high, reflecting improved financial inclusion.
