India Eases Maldives’ Debt, Extends $565M Line of Credit
India has taken a major step in strengthening its relations with the Maldives by easing debt pressure and offering a new $565 million Line of Credit. This move comes as part of ongoing talks between Prime Minister Modi and Maldives President Mohamed Muizzu. The credit will help the Maldives build infrastructure and improve its economy. India is also expected to support new development projects in the region. This deal highlights India's strategy to stay influential in the Indian Ocean region amid rising competition from China.
MCQs:
1. What amount of Line of Credit did India extend to the Maldives?
A) $450M
B) $500M
C) $565M
D) $600M
Answer: C
2. Who is the current President of the Maldives involved in talks with India?
A) Ibrahim Solih
B) Mohamed Nasheed
C) Mohamed Muizzu
D) Abdulla Yameen
Answer: C
3. What is the main purpose of India’s credit extension to Maldives?
A) Military training
B) Oil supply
C) Infrastructure and economy
D) Tourism promotion
Answer: C
4. What major country is India competing with in the Indian Ocean region?
A) Japan
B) USA
C) Russia
D) China
Answer: D
5. Which Indian leader is involved in the Maldives partnership deal?
A) Rajnath Singh
B) Narendra Modi
C) S. Jaishankar
D) Amit Shah
Answer: B
India Marks 26th Kargil Vijay Diwas with Tributes to Fallen Soldiers
On July 26, India celebrates Kargil Vijay Diwas to honor the brave soldiers who lost their lives during the 1999 Kargil War. This year marks the 26th anniversary of the victory over Pakistani intruders in the Kargil region of Ladakh. Ceremonies were held across the country, especially at the Kargil War Memorial in Dras. Top leaders, including the President and Prime Minister, paid their respects. Schools and colleges also organized patriotic events to spread awareness. It is a day of pride, sacrifice, and national unity for all Indians.
MCQs:
1. What is Kargil Vijay Diwas observed for?
A) Independence Day
B) Soldiers’ Day
C) Kargil War victory
D) Partition Remembrance
Answer: C
2. When is Kargil Vijay Diwas celebrated each year?
A) August 15
B) July 15
C) July 26
D) June 26
Answer: C
3. How many years have passed since the Kargil War victory?
A) 20
B) 25
C) 26
D) 30
Answer: C
4. Where is the Kargil War Memorial located?
A) Srinagar
B) Leh
C) Dras
D) Pulwama
Answer: C
5. Which year did the Kargil War take place?
A) 1997
B) 1998
C) 1999
D) 2000
Answer: C
Banks Closed Across India on July 26 for RBI-Mandated Fourth Saturday Holiday
All public and private sector banks in India are closed today, July 26, as part of the Reserve Bank of India’s rule to keep banks shut on the fourth Saturday of every month. While bank branches are closed, ATMs and online banking services are still running. Customers are advised to complete their banking tasks online. This routine holiday applies nationwide and is part of efforts to give banking staff regular weekends off. It’s important to stay aware of these dates to avoid last-minute banking delays.
MCQs:
1. Why are banks closed on July 26?
A) Festival holiday
B) National holiday
C) RBI fourth Saturday rule
D) Strike
Answer: C
2. Which services are still available even when banks are closed?
A) None
B) Only cheque deposits
C) ATMs and online banking
D) Only cash counters
Answer: C
3. Which organization mandates this bank holiday?
A) SEBI
B) NABARD
C) RBI
D) Finance Ministry
Answer: C
4. How often does the fourth Saturday bank holiday occur?
A) Monthly
B) Quarterly
C) Yearly
D) Once in 6 months
Answer: A
5. What is the main purpose of this holiday?
A) Political reason
B) Reward customers
C) Give staff weekly off
D) Reduce digital banking
Answer: C
England Leads India by 311 Runs on Day 4 of Old Trafford Test
In the ongoing cricket Test match at Old Trafford, England is currently ahead of India by 311 runs by the end of Day 4. The match has shown dominant batting by England and pressure building on the Indian side. The Indian bowlers struggled to take quick wickets, and England set a challenging lead. Fans are eagerly watching the final day, hoping for a turnaround or at least a close contest. This game is a part of the World Test Championship and holds importance in the series rankings.
MCQs:
1. Which team is leading in the Old Trafford Test on Day 4?
A) India
B) England
C) Australia
D) South Africa
Answer: B
2. What is the current run lead of England?
A) 211
B) 250
C) 311
D) 290
Answer: C
3. Where is the current Test match being played?
A) Lord’s
B) Edgbaston
C) Old Trafford
D) The Oval
Answer: C
4. What is the challenge India faces now?
A) Batting collapse
B) Rain delay
C) Over-rate penalty
D) Need to chase a large total
Answer: D
5. Why is this Test match important?
A) IPL selection
B) Asia Cup spot
C) World Test Championship
D) Friendly match
Answer: C
