📰 Today’s Highlights – 9 July 2025
India faces a historic Bharat Bandh, with over 25 crore workers striking nationwide to protest government policies, disrupting services like banking, insurance, post, and coal mining. Monsoon continues unabated—IMD maintains strong warnings ahead of possible floods and landslides. The RBI conducts a ₹1 trillion, two-day reverse repo auction to absorb excess liquidity. Meanwhile, U.S. tariff threats weigh on Asian markets; the rupee opens weaker as Trump signals fresh tariffs on BRICS. In trade diplomacy, India and the U.S. edge closer to a mini trade deal aimed at doubling bilateral trade by 2030.
Daily Current Affairs – MCQs (9 July 2025)
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**Approximately how many workers are participating in today’s Bharat Bandh?**A) 10 croreB) 15 croreC) 20 croreD) 25 croreAnswer: D) 25 croreExplanation: Over 25 crore workers across sectors like banking, postal services, coal, and construction are expected to join the strike.
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**Which key services are likely to be disrupted due to the strike?**A) Banking & postalB) Education onlyC) IT servicesD) TourismAnswer: A) Banking & postalExplanation: The bandh affects banking, insurance, postal, coal mining, construction, and other essential services.
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**What major liquidity operation is the RBI conducting today?**A) 7-day repo auctionB) 2-day reverse repo auctionC) Forex saleD) CRR cutAnswer: B) 2-day reverse repo auctionExplanation: RBI is holding a two-day variable rate reverse repo auction worth ₹1 trillion to curb excess liquidity.
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**What was the size of this RBI auction?**A) ₹0.5 trillionB) ₹1 trillionC) ₹1.5 trillionD) ₹2 trillionAnswer: B) ₹1 trillionExplanation: The reverse repo auction is valued at ₹1 trillion in total.
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**What is the current IMD monsoon advisory due to persistent rain?**A) Yellow alertB) Orange/red alertsC) No alertD) Dry forecastAnswer: B) Orange/red alertsExplanation: IMD maintains strong rainfall warnings from July 5 to 9 for floods, landslides, and heavy rains.
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**Which currency factor weighed on the rupee today?**A) Domestic tax changesB) U.S. tariffs on BRICSC) RBI policy changeD) Oil price dropAnswer: B) U.S. tariffs on BRICSExplanation: U.S. President Trump’s tariff threats—50% on copper, plus levies on BRICS goods—pressure the rupee.
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**What was the rupee’s recent trading range hinted by markets?**A) 83–84B) 84–85C) 85.74–85.78D) 86–87Answer: C) 85.74–85.78Explanation: Forward contracts suggest the rupee may trade around 85.74–85.78 to the USD.
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**How much net equities did foreign investors buy on July 7?**A) $100 millionB) $200 millionC) $323 millionD) $500 millionAnswer: C) $323 millionExplanation: NSDL data shows FPIs bought $322.9 million in Indian equities on July 7.
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**What diplomatic breakthrough is nearing completion?**A) Full free tradeB) Mini trade deal phase one with U.S.C) WTO retreatD) New currency pactAnswer: B) Mini trade deal phase one with U.S.Explanation: India and U.S. aim to finalize a mini trade agreement by Sept–Oct to double trade to $500B by 2030.
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**Which city is expected to remain humid and rainy today?**A) MumbaiB) DelhiC) KolkataD) ChennaiAnswer: C) KolkataExplanation: Persistent monsoon rains are expected to continue in Kolkata, with high humidity.
✅ Summary:
Today’s quiz explores the massive Bharat Bandh, RBI’s liquidity move, monsoon hazards, currency pressure from U.S. tariffs, volatile FPI flows, and progress in U.S.–India trade talks.
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