🔥 27 June 2025 – Top Current Affairs MCQs | Daily GK for Competitive Exams

📰 Today’s Highlights – 27 June 2025

India’s southwest monsoon is set to cover the entire country more than a week ahead of schedule, boosting prospects for summer-sown crops. The Rajasthan Cricket Association finds itself in turmoil with a prolonged Indian government-appointed committee causing administrative disruptions. Banks across several states will observe a three-day holiday starting today due to Jagannath Rath Yatra. The RBI is managing surplus liquidity via a reverse repo auction, while its government securities holdings have surged to record levels. Additionally, MSME Day is celebrated globally, spotlighting the role of small businesses.

Daily Current Affairs – MCQs (27 June 2025)

1. **By how many days is the monsoon forecasted to cover India ahead of schedule?**
   A) 3–4 days
   B) 5–6 days
   C) More than a week
   D) On schedule
   Answer: C) More than a week
   Explanation: IMD expects the monsoon to cover India within 3–4 days, over a week earlier than usual.

2. **What percentage rainfall surplus has India received this June so far?**
   A) 5%
   B) 9%
   C) 12%
   D) None
   Answer: B) 9%
   Explanation: June rainfall stands about 9% above average.

3. **What internal issue is affecting the Rajasthan Cricket Association?**
   A) Funding shortage
   B) Power struggle in ad hoc committee
   C) Coach misconduct
   D) Venue disputes
   Answer: B) Power struggle in ad hoc committee
   Explanation: Committee overrun its tenure; internal rift over suspended district units.

4. **How long has the RCA ad hoc committee overstayed its original term?**
   A) 6 months
   B) 1 year
   C) Over a year
   D) 3 years
   Answer: C) Over a year
   Explanation: It was formed in March 2024 and has gone more than a year without elections.

5. **Starting today, how long will banks remain closed in certain states?**
   A) One day
   B) Two days
   C) Three days
   D) No holiday
   Answer: C) Three days
   Explanation: Banks will be closed from June 27–29 for Jagannath Rath Yatra and the weekend.

6. **What monetary operation is RBI conducting on 27 June?**
   A) Repo auction
   B) Cash withdrawal limit
   C) VRRR auction
   D) Forex intervention
   Answer: C) VRRR auction
   Explanation: A 7‑day variable reverse repo of ₹1 trillion is scheduled to absorb excess liquidity.

7. **By end‑March 2025, what percentage of government securities did RBI hold?**
   A) 8.5%
   B) 10.5%
   C) 12.78%
   D) 15%
   Answer: C) 12.78%
   Explanation: RBI’s holdings reached ₹14.88 trillion, 12.78% of total outstanding.

8. **Why might RBI’s bond holdings ease in coming months?**
   A) New bond purchases
   B) Upcoming maturities
   C) Increased inflation
   D) Forex reserves boost
   Answer: B) Upcoming maturities
   Explanation: Traders expect step‑down as bonds mature over ₹1 trillion.

9. **What global observance occurs on 27 June?**
   A) MSME Day
   B) World Environment Day
   C) World Refugee Day
   D) Yoga Day
   Answer: A) MSME Day
   Explanation: This UN‑designated day highlights micro, small, and medium enterprises.

10. **Which sector is celebrated on MSME Day?**
    A) Banking
    B) Small & medium businesses
    C) Agriculture
    D) Telecom
    Answer: B) Small & medium businesses
    Explanation: Recognizes their vital role in employment and sustainable development.

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✅ Summary:

Today’s quiz spans early monsoon arrival, administrative conflict in cricket governance, banking holidays, RBI’s liquidity measures, and global observance of MSME Day.