🔥 11 July 2025 – Top Current Affairs MCQs | Daily GK for Competitive Exams

📰 Today’s Highlights – 10 July 2025

Ludhiana joins the nationwide Bharat Bandh, with around 7,000 contract workers protesting dilution of labour protections and demanding regularisation. Despite global tariff tensions, the rupee gained slightly in early trading. Monsoon continues full swing—Kolkata has already received over one-third of its monthly average rainfall. SBI stated there's room for a further 25 bps repo rate cut later this year, though low deposit rates are making it harder to attract savings.

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Daily Current Affairs – MCQs (10 July 2025)

1. **How many contractual workers in Ludhiana joined the Bharat Bandh?**
   A) ~3,000
   B) ~5,000
   C) ~7,000
   D) ~10,000
   Answer: C) ~7,000
   Explanation: About 7,000 contractual staff, including public transport workers, took part in the strike.

2. **What were Ludhiana workers demanding during the bandh?**
   A) Better public transport
   B) Regularisation, minimum ₹26k wage, repeal of labour codes
   C) Fuel subsidy
   D) Holiday for festivals
   Answer: B) Regularisation, minimum ₹26,000 wage, repeal of labour codes
   Explanation: They opposed four new labour codes and sought ₹26k minimum pay and permanent jobs.

3. **What policy change weakened worker protections, as cited by unions?**
   A) Increased pensions
   B) Labour law dilution via four new codes
   C) Free health insurance
   D) Minimum wage hike
   Answer: B) Labour law dilution via four new codes
   Explanation: Union leaders argued the new labour codes stripped away key protections.

4. **How did the rupee perform on the day?**
   A) Weaker
   B) Slightly stronger
   C) Flat
   D) More volatile
   Answer: B) Slightly stronger
   Explanation: It appreciated in early trade (~₹85.60–85.62/USD) amid muted global tariff impact.

5. **What did forward contracts suggest about the rupee’s range?**
   A) 84–85
   B) 85.60–85.62
   C) 85.74–85.78
   D) 86–87
   Answer: B) 85.60–85.62
   Explanation: One-month NDFs pointed to that narrow trading band.

6. **What international factor affected the rupee today?**
   A) US tariffs
   B) Oil hikes
   C) RBI repo change
   D) Inflation data
   Answer: A) US tariffs
   Explanation: Trump’s planned tariffs weighed slightly on regional currencies, including the rupee.

7. **How much rain has Kolkata received by 10 July?**
   A) 100 mm
   B) 125 mm
   C) 152 mm
   D) 200 mm
   Answer: C) 152 mm
   Explanation: Kolkata recorded ~152 mm—over 1/3 of the monthly norm (~396 mm).

8. **What is IMD’s monsoon outlook for July?**
   A) Below-normal
   B) Normal
   C) Above-normal (>106% of LPA)
   D) Erratic
   Answer: C) Above-normal (>106% of LPA)
   Explanation: July likely to bring 106%+ of long-period average rainfall.

9. **What did SBI say about repo rate policy in 2025?**
   A) No cuts planned
   B) Scope for a 25 bps cut
   C) Likely hike
   D) Decision deferred
   Answer: B) Scope for a 25 bps cut
   Explanation: SBI MD noted potential for a further quarter-point repo rate reduction.

10. **What challenge did SBI highlight amidst rate cuts?**
    A) Declining equity
    B) Harder to attract deposits
    C) Credit risk uptick
    D) Rising NPA
    Answer: B) Harder to attract deposits
    Explanation: Lower interest rates make mobilising deposits challenging.

11. **What does SBI describe its liquidity surplus as?**
    A) A crisis
    B) A 'pleasant problem'
    C) Temporary glitch
    D) Risky imbalance
    Answer: B) A 'pleasant problem'
    Explanation: SBI called the excess liquidity a “pleasant problem” indicating abundance.

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✅ Summary:

Today’s quiz spotlights Ludhiana’s strike for worker rights, rupee’s modest gains amid global tariff dynamics, monsoon’s impact in Kolkata, and SBI’s policy stance on repo rates and liquidity.