India marks a day of educational celebration and economic policy clarity. IIT‑Kanpur holds its 58th convocation with RBI Governor Sanjay Malhotra as chief guest. Meanwhile, central preparations advance for the upcoming Census 2027, emphasizing caste enumeration and data security. On the financial front, RBI’s policy minutes reaffirm a bold 50 bps repo cut and a shift to a neutral stance as inflation remains subdued and monsoon rains support economic forecasts.
Daily Current Affairs – MCQs (22 June 2025)
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**Who is the chief guest at IIT‑Kanpur’s 58th convocation on 23 June?**A) PM Narendra ModiB) President of IndiaC) RBI Governor Sanjay MalhotraD) Education MinisterAnswer: C) RBI Governor Sanjay MalhotraExplanation: Malhotra, an alumnus of IIT‑K (1989 batch), is the convocation's chief guest.
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**How many students are graduating in the convocation?**A) ~1,000B) ~2,500C) ~3,000D) ~5,000Answer: B) ~2,500Explanation: The ceremony celebrates 2,848 graduates, spanning BTech, MTech, MSc, PhD, MBA, and e‑Masters.
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**What key focus was reviewed by Home Minister Amit Shah regarding Census 2027?**A) CostB) MethodologyC) Data SecurityD) Enumerator payAnswer: C) Data SecurityExplanation: The review emphasized ensuring stringent security for caste enumeration data.
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**Which census phase includes caste enumeration?**A) Phase 1 onlyB) Phase 2 onlyC) Both phasesD) Not includedAnswer: C) Both phasesExplanation: Census includes caste enumeration throughout, signaling inclusivity in data collection.
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**When does Census 2027 begin for most of the country?**A) 1 October 2026B) 1 March 2027C) 1 June 2026D) 1 January 2027Answer: B) 1 March 2027Explanation: Nationwide enumeration begins on 1 March 2027; mountainous areas begin on 1 October 2026.
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**In the June policy minutes, RBI described its stance as:**A) HawkishB) AccommodativeC) NeutralD) ContractionaryAnswer: C) NeutralExplanation: RBI shifted from “accommodative” to “neutral” after front-loaded rate cuts.
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**What inflation forecast did the RBI cite for May?**A) 4.5%B) 3.2%C) 2.82%D) 5.0%Answer: C) 2.82%Explanation: RBI noted retail inflation in May at 2.82%, supporting the large repo cut.
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**How much did RBI cut the repo rate in June 2025?**A) 25 bpsB) 50 bpsC) 75 bpsD) No changeAnswer: B) 50 bpsExplanation: The committee implemented a significant 50 bps cut to boost growth.
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**Which economic factor supports RBI’s forecast?**A) Delayed monsoonB) Above-normal monsoon rainsC) High oil pricesD) Global recessionAnswer: B) Above-normal monsoon rainsExplanation: RBI expects above-normal monsoon to aid food supply and temper inflation.
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**What is RBI's CPI projection for FY2025–26?**A) 2.9%B) 3.2%C) 3.7%D) 4.5%Answer: C) 3.7%Explanation: RBI projects inflation at 3.7% for the fiscal, citing stable food prices and strong harvests .
✅ Summary:
Today’s quiz covers convocation highlights, advancing census plans with a focus on caste and data security, RBI’s monetary policy shift towards a neutral stance after aggressive rate cuts, and the supportive role of monsoon trends in inflation outlook.
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