📰 Today’s Highlights – 20 June 2025
India’s financial headlines are dominated by the RBI’s bold 50 bps repo rate cut and reduced reserve ratio aimed at stimulating investment and consumption. Meanwhile, the southwest monsoon is advancing ahead of schedule, bringing early rainfall to Haryana and Bihar. Air India continues safety inspections post the June 12 Dreamliner crash, impacting its flight schedule. Cricket fever rises as India opens its Test series in England under new captain Shubman Gill, while global oil markets are on edge due to persistent Middle East tensions and crude prices.
Daily Current Affairs – MCQs (20 June 2025)
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**What key monetary move did RBI’s MPC make today?**A) Increased repo rate by 25 bpsB) Cut repo rate by 50 bpsC) Raised Cash Reserve RatioD) Introduced new lending windowAnswer: B) Cut repo rate by 50 bpsExplanation: The Reserve Bank of India's Monetary Policy Committee implemented a larger-than-expected 50 bps reduction in the repo rate and lowered reserve ratio to stimulate growth as inflation eased to 2.82%.
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**What was the May retail inflation rate cited by the RBI?**A) 4.5%B) 2.82%C) 3.5%D) 5.0%Answer: B) 2.82%Explanation: Inflation fell well below RBI’s 4% target, prompting the rate cut.
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**When is the southwest monsoon expected to arrive in Haryana?**A) 30 JuneB) 25 JuneC) 22 JuneD) 20 JuneAnswer: C) 22 JuneExplanation: Monsoon is forecasted to make landfall in Haryana about a week early on 22 June, with alerts issued.
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**What alert level is set for 22 June in Haryana?**A) YellowB) OrangeC) RedD) No alertAnswer: B) OrangeExplanation: An orange alert (very heavy rain) is issued for 22 June; yellow on 21 & 23 June.
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**How many Air India flights were canceled due to safety checks?**A) 4B) 8C) 12D) 16Answer: B) 8Explanation: Air India grounded at least 8 flights today due to intensive Dreamliner inspections post-crash.
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**Shubman Gill took over as Test captain after which two players retired or opted out?**A) Kohli and SharmaB) Sharma and PantC) Kohli and RahaneD) Pant and RahulAnswer: A) Kohli and SharmaExplanation: Shubman Gill became captain after Virat Kohli retired from Tests and Rohit Sharma stepped down.
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**Which team is India playing in the first Test starting today?**A) AustraliaB) EnglandC) South AfricaD) West IndiesAnswer: B) EnglandExplanation: India begins a 5-Test series in England from 20 June under new captain Gill.
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**What’s the global crude oil impact mentioned today?**A) Steady at $70/barrelB) Surge, with $77 and risk above $80C) Slumped to $65/barrelD) No changeAnswer: B) Surge, with $77 and risk above $80Explanation: Tensions in the Middle East drove Brent crude to ~$77/bbl; further rises above $80 could threaten global stability.
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**What warning did IMD issue for Bihar today?**A) Heatwave alertB) Heavy rain and thunderstormsC) Dust storm advisoryD) Flood evacuationAnswer: B) Heavy rain and thunderstormsExplanation: IMD forecasts heavy rainfall and storms across Bihar as monsoon advances.
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**Today is also observed as which global awareness day?**A) World Ocean DayB) World Environment DayC) World Refugee DayD) World Blood Donor DayAnswer: C) World Refugee DayExplanation: 20 June marks World Refugee Day, dedicated to recognizing the plight and resilience of refugees.
✅ Summary:
Highlights today include a major RBI rate action, early monsoon progress in Haryana and Bihar, operational disruptions at Air India, India’s new Test cricket era, and global oil market volatility tied to Middle East tensions.
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