Global Current Affairs
Indian Democracy & Elections
Independence Day Special
Finance & Markets
Mixed Bag
100

Which two countries did the US meet this week regarding the war and tariffs?

Russia and Ukraine.

100

What does ECI stand for?

Election Commission of India.

100

How many years of independence does India mark in 2025?

78 Years.

100

GDP stands for what?

Gross Domestic Product.

100

Name one of the record-breaking transfers in football of this summer made by Liverpool.

Florian Wirtz to Liverpool for over £100 million.

200

The US is considering tariff hikes of up to what % on imports from rivals?

50%

200

Who accused the ECI of acting as an “extension of government”?

Rahul Gandhi

200

Who was the first Finance Minister of India?

R. K. Shanmukham Chetty.

200

The Sensex tracks how many companies?

30 Companies.

200

What is the currency of Russia?

Rubles.

300

Which country has become a key buyer of Russian crude oil alongside India?

China.

300

Under which Article of the Constitution was the ECI established?

Article 324.

300

Which sector contributed the most to India’s GDP in 1950?

Agriculture.

300

What is the repo rate?

The rate at which RBI lends to commercial banks.

300

Which newly transferred midfielder scored on his debut for Manchester City, and also set up goals?

Tijjani Reijnders

400

How would a 50% tariff in the US affect the price of consumer goods like electronics?

Prices rise due to higher import costs passed to consumers.

400

Who currently appoints the Chief Election Commissioner in India?

The President.

400

The Reserve Bank of India was nationalized in which year?

1949

400

If the rupee falls from 82 to 85 per dollar, who benefits — exporters or importers?

Exporters.

400

Rajinikanth’s Coolie set a record Day-1 worldwide gross for Tamil cinema—what was that figure?

151 Rupee Crores.

500

Name one positive and one negative impact of this tariff war on India.

Positive → cheaper Russian oil, chance to expand exports.


Negative → counter-tariffs on Indian goods, inflation risk.


500

Why does global investor confidence depend on the credibility of the ECI?

Fair elections ensure political stability → stable policies → safer investments.

500

Name one major economic reform in 1991 that reshaped India’s economy.

Liberalization, Privatization, and Globalization.

500

Name one difference between fiscal deficit and current account deficit.

Fiscal deficit → Govt spending > revenue.

Current account deficit → Imports > exports (foreign trade gap).

500

Which country became the newest member of BRICS in 2025?

Indonesia.