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Daily Current Affairs – 31st July

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📰 US Tariffs Impact India-China Trade Negotiation

The latest round of trade negotiations between India and China has been significantly influenced by the U.S. decision to impose fresh tariffs on select imports from both countries. India is now reassessing its strategy, balancing its interests between maintaining competitive exports and managing geopolitical tensions. The move is expected to have ripple effects on supply chains and regional trade policies.

MCQs:

1. What recent action by the U.S. is affecting India-China trade talks?
a) Lifting all tariffs on Asian countries
b) Imposing new tariffs on imports
c) Signing a trade agreement with India
d) Halting trade with China

Answer: b

2. What is India’s focus in response to the U.S. tariffs?
a) Canceling trade with China
b) Boosting imports from Europe
c) Balancing export competitiveness and geopolitical concerns
d) Creating a new currency system

Answer: c

3. Which countries are impacted by the U.S. tariff decision mentioned in the news?
a) Russia and India
b) India and China
c) China and Japan
d) UK and India

Answer: b


📰 New Banking Laws to Come into Effect from August 1

India is set to enforce a revised set of banking regulations starting August 1, 2025, aimed at enhancing customer protection, improving digital banking infrastructure, and tightening oversight over non-performing assets (NPAs). The laws are expected to bring more transparency and efficiency into the financial system.

MCQs:

1. From when will the new banking laws come into effect in India?
a) July 15, 2025
b) August 1, 2025
c) September 1, 2025
d) January 1, 2026

Answer: b

2. What is one of the key objectives of the new banking laws?
a) Increase taxes on digital payments
b) Promote cryptocurrency use
c) Strengthen NPA oversight
d) Nationalize all private banks

Answer: c

3. The new banking laws are aimed to improve which of the following?
a) Gold reserves
b) Defense budget
c) Digital banking infrastructure
d) Oil subsidies

Answer: c


📰 Kavach 4.0 Ready for Commissioning on Kota-Mathura Section

Indian Railways has announced the readiness of Kavach 4.0, the latest version of its indigenous automatic train protection system, on the busy Kota-Mathura section. The technology aims to reduce train collisions and human errors, enhancing safety and punctuality across critical routes.

MCQs:

1. Kavach 4.0 is associated with which sector?
a) Banking
b) Healthcare
c) Railways
d) Education

Answer: c

2. On which railway section is Kavach 4.0 being implemented?
a) Chennai–Bengaluru
b) Howrah–Delhi
c) Kota–Mathura
d) Patna–Lucknow

Answer: c

3. What is the main purpose of Kavach 4.0?
a) Increase rail fares
b) Automate ticketing
c) Prevent train collisions
d) Improve passenger entertainment

Answer: c


📰 Professor Michele Dougherty: 1st Woman Appointed UK’s Astronomer Royal

Professor Michele Dougherty has been appointed as the UK's first female Astronomer Royal, a prestigious position established in 1675. Her selection marks a significant milestone in gender representation in the scientific community. Dougherty is known for her work on planetary magnetospheres, particularly involving Saturn and its moons.

MCQs:

1. Who is the first woman to be appointed UK’s Astronomer Royal?
a) Sarah Gilbert
b) Anita Anand
c) Michele Dougherty
d) Emma Thompson

Answer: c

2. When was the title of Astronomer Royal established?
a) 1975
b) 1875
c) 1675
d) 1575

Answer: c

3. Professor Dougherty is known for her work in which field?
a) Genetic research
b) Marine biology
c) Planetary magnetospheres
d) Artificial intelligence

Answer: c


📰 Ladakh Declares August 12 as Safai Andolan Day for Indus River

The Union Territory of Ladakh has declared August 12 as “Safai Andolan Day,” a public cleanliness drive focused on the Indus River. The initiative is part of efforts to maintain the ecological health of the region’s major water body, promote eco-tourism, and involve local communities in sustainable practices.

MCQs:

1. Which region has declared August 12 as Safai Andolan Day?
a) Himachal Pradesh
b) Uttarakhand
c) Ladakh
d) Sikkim

Answer: c

2. The Safai Andolan Day is focused on which river?
a) Ganga
b) Yamuna
c) Indus
d) Brahmaputra

Answer: c

3. What is the purpose of the Safai Andolan Day?
a) To celebrate a local festival
b) Promote water sports
c) Clean and protect the Indus River
d) Conduct industrial surveys

Answer: c


📰 India to Host AI Impact Summit in February 2026

India will host the AI Impact Summit in February 2026, focusing on the growing influence of Artificial Intelligence on business, governance, and society. The summit will gather global leaders, innovators, and policymakers to discuss ethical AI deployment, data privacy, and AI in public services.

MCQs:

1. When is India scheduled to host the AI Impact Summit?
a) August 2025
b) December 2025
c) February 2026
d) April 2026

Answer: c

2. What is the main theme of the AI Impact Summit?
a) Gaming and virtual reality
b) AI in entertainment
c) Impact of AI on society and governance
d) Agriculture technology

Answer: c

3. What will be a key topic at the AI Summit?
a) Solar energy use
b) Cryptocurrency regulation
c) Ethical AI deployment
d) Satellite navigation

Answer: c


📰 Cabinet Approves ₹6,520 Crore Outlay for PMKSY

The Union Cabinet has approved a ₹6,520 crore financial outlay for the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY). This scheme aims to expand irrigation coverage, promote water-use efficiency, and ensure 'Har Khet Ko Pani' by integrating water sources and using modern irrigation techniques.

MCQs:

1. What amount has been approved for PMKSY by the Cabinet?
a) ₹5,000 crore
b) ₹7,800 crore
c) ₹6,520 crore
d) ₹10,000 crore

Answer: c

2. PMKSY primarily focuses on which sector?
a) Healthcare
b) Education
c) Agriculture and irrigation
d) Transport

Answer: c

3. What is the tagline associated with PMKSY?
a) One Nation, One Card
b) Har Khet Ko Pani
c) Digital Bharat
d) Ayushman Bharat

Answer: b

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