Daily Current Affairs Quiz 25th June 2026 for Banking & Competitive Exams

Daily Current Affairs: 25 June, 2026

Q1. In June 2026, Dr. Binoy George was appointed as the next Ambassador of India to which South American nation?

(a) Argentine Republic

(b) Republic of Chile

(c) Oriental Republic of Uruguay

(d) Federative Republic of Brazil

(e) Republic of Peru

Answer: c

Solution:

In June, 2026, Dr. Binoy George (IFS: 2006), presently Joint Secretary in the Ministry, has been appointed as the next Ambassador of India to the Oriental Republic of Uruguay.

Q2. In June 2026, Ms. Muanpuii Saiawi was concurrently accredited as the next High Commissioner of India to which Pacific island nation?

(a) Independent State of Samoa

(b) Republic of Fiji

(c) Kingdom of Tonga

(d) Tuvalu

(e) Papua New Guinea

Answer: a

Solution:

In June, 2026, Ms. Muanpuii Saiawi (IFS: 2005), presently High Commissioner of India to New Zealand, has been concurrently accredited as the next High Commissioner of India to the Independent State of Samoa, with residence in Wellington.

Q3. What is the official global theme designated for the celebration of Olympic Day in June 2026?

(a) “Move, Learn and Discover”

(b) “Sport: Building Bridges, Breaking Barriers”

(c) “Let’s Move for Peace”

(d) “United by Sport, Stronger Together”

(e) “Embrace the Joy of Movement”

Answer: b

Solution:

• Olympic Day 2026 was observed globally on 23 June 2026, bringing together millions of people around the world to celebrate sport, physical activity, friendship, and the values of the Olympic Movement.
• The day promotes participation in sports and encourages people of all ages and abilities to adopt healthier lifestyles and experience the joy of movement.

What is Olympic Day?

• Olympic Day is celebrated annually on 23 June to commemorate the establishment of the International Olympic Committee (IOC) in 1894.
• The day marks the beginning of the Modern Olympic Movement, which was revived by the French educator Baron Pierre de Coubertin.
• Pierre de Coubertin envisioned sports as a means to promote peace, friendship, international understanding, and solidarity among nations.

Olympic Day 2026 Theme

• The theme for Olympic Day 2026 is: “Sport: Building Bridges, Breaking Barriers”

Q4. According to the newly released QS World Future Skills Index 2027, what position does India occupy globally in terms of its AI-economy readiness?

(a) 5th position

(b) 13th position

(c) 22nd position

(d) 1st position

(e) 15th position

Answer: b

Solution:

• India secured the 13th position globally in the QS World Future Skills Index 2027, released by QS Quacquarelli Symonds, the global higher education analytics organization.
• India emerged as the highest-ranked country among South Asian nations and lower-middle-income economies.
• The report evaluates countries on their preparedness for the AI-driven economy, future workforce requirements, and the ability of higher education systems to equip graduates with relevant skills.
• Despite its strong overall performance, the report highlighted a growing mismatch between India’s rapidly transforming labour market and the quality and alignment of skills produced by higher education institutions.

India’s Major Strengths

• India achieved a perfect score of 100 in the Economic Capacity indicator, the highest score globally.
• The country ranked first in the world in this category due to:
  • Sustained GDP growth.
  • Strong labour market investments.
  • Large-scale infrastructure spending.
  • Rapid expansion of the digital economy.
• India has remained the fastest-growing economy among G20 nations for three consecutive years.
• As of February 2026, India’s cumulative AI-related investments had reached approximately USD 90 billion.

India’s Performance in the QS World Future Skills Index 2027

Top 15 Countries in QS World Future Skills Index 2027

Q5. The Securities and Exchange Board of India (SEBI) recently launched a fast-track initiative called the GARUDA framework to simplify fund approvals. What does the acronym “GARUDA” stand for?

(a) Green-Channel: AIF Registration Under Direct Approval

(b) Green-Channel: AIF Rollout Upon Document Acknowledgement

(c) Global AIF Regulatory Utility and Development Architecture

(d) Government-Backed AIF Reforms for Upgraded Capital Deployment

(e) Green-Channel: Alternative Regulatory Utility for Direct Asset-allocation

Answer: b

Solution:

• In June 2026, the Securities and Exchange Board of India (SEBI) introduced the Green-Channel: AIF Rollout Upon Document Acknowledgement (GARUDA) framework to streamline the approval process for Alternative Investment Funds (AIFs).
• The new framework aims to significantly reduce the time required for launching AIF schemes, particularly those catering to accredited investors, enabling funds to commence operations almost immediately after filing the required documents.
• Earlier, fund managers had to undergo lengthy approval procedures, which often delayed fund launches and capital deployment, especially in the rapidly evolving startup ecosystem.
• Under the GARUDA framework, the approval period for schemes targeting non-accredited investors has been reduced from 30 days to 10 working days, provided no observations or objections are raised by SEBI.
• The framework represents a shift from pre-launch regulatory scrutiny to post-launch supervision, placing greater responsibility and accountability on fund managers.
• For schemes exclusively meant for accredited investors, fund managers can directly file their Private Placement Memorandums (PPMs) with SEBI without obtaining merchant banker due diligence certificates.
• This simplified process reflects SEBI’s confidence in the ability of sophisticated and accredited investors to independently assess investment risks.

Q6. Union Home Minister and Minister of Cooperation Shri Amit Shah launched a new dedicated e-auction portal for agricultural produce in New Delhi. What is the name of this digital platform?

(a) AGRI-AUCTION.in

(b) COOP-TRADE.in

(c) NAFED-EAC.in

(d) KISAN-MARKET.in

(e) NAFEX.in

Answer: e

Solution:

• On 23 June 2026, Union Home Minister and Minister of Cooperation Amit Shah launched NAFEX.in, the e-auction portal of the National Agricultural Cooperative Marketing Federation of India Limited (NAFED), in New Delhi.
• The portal has been developed to provide a transparent, efficient, and technology-driven platform for conducting agricultural produce auctions.
• NAFEX.in is expected to streamline auction-related activities by digitizing the entire auction process and improving operational efficiency.
• The platform aims to enhance services for farmers, member institutions, cooperatives, and other stakeholders associated with NAFED.
• By introducing an online auction mechanism, the portal will ensure greater transparency in price discovery and facilitate fair and efficient transactions.

Q7. On which date is Passport Seva Divas observed annually across India to mark the historical establishment of the legal framework governing passport issuance?

(a) May 31st

(b) June 21st

(c) June 24th

(d) August 29th

(e) October 2nd

Answer: c

Solution:

24 June is observed as Passport Seva Divas. The day aims to commemorate the enactment of the Passports Act on 24 June 1967.

Q8. In June 2026, the Tamil Nadu government approved a major welfare program named “Thaaimaaman Thanga Mothira Thittam” (Maternal Uncle’s Gold Ring Scheme). This initiative was launched under the umbrella of which policy blueprint?

(a) Tamil Nadu Pudhumai Penn Vision

(b) Vetri Thamizhagam Vision Document

(c) Illam Thedi Kalvi Roadmap

(d) Makkalai Thedi Maruthuvam Plan

(e) Singara Chennai 2.0 Blueprint

Answer: b

Solution:

• In June 2026, the Tamil Nadu Government approved the “Vetri Thamizhagam” vision document aimed at promoting social welfare, inclusive development, and improved public services in the state.
• One of the key initiatives introduced under the vision document is the “Thaaimaaman Thanga Mothira Thittam”, which translates to the Maternal Uncle’s Gold Ring Scheme.
• Under the scheme, a one-gram gold ring will be presented to every newborn belonging to families that are permanent residents of Tamil Nadu, provided the child is born in a government hospital.
• The initiative seeks to honour both the newborn child and the mother following childbirth in government healthcare institutions.
• The scheme is also intended to encourage institutional deliveries in government hospitals and strengthen maternal and child healthcare services across the state.
• For the effective rollout of the programme, the state government has allocated an annual budget of ₹755.83 crore.
• The scheme is expected to benefit a large number of families and further promote the utilization of government healthcare facilities.

Q9. NAFED launched a dedicated higher education and career development scholarship initiative for the children of farming families. What is the name of this scheme?

(a) AGRI-VIDYA Scholarship Scheme

(b) KALYAN Scholarship Scheme

(c) KRISHI-SIKSHA Yojana

(d) UNNATI Farmer Support Program

(e) COOP-GROWTH Student Fund

• On 23 June 2026, the National Agricultural Cooperative Marketing Federation of India Limited (NAFED) launched the KALYAN Scholarship Scheme, designed to support the higher education and career development of children belonging to farming families.
• Under the scheme, NAFED will earmark 1% of its annual profits to provide scholarships and educational assistance to eligible students from farmer households.
• During the launch event, scholarship cheques were distributed to the beneficiaries, marking the formal commencement of the scheme.

Q10. In June 2026, the Government of India expressed deep condolences over the passing of Dr. Francisco Guterres “Lú-Olo,” a highly respected independence leader and statesman. He formerly served as the President of which nation?

(a) Papua New Guinea

(b) Democratic Republic of São Tomé and Príncipe

(c) Oriental Republic of Uruguay

(d) Democratic Republic of Timor-Leste

(e) Republic of Maldives

Answer: d

Solution:

• In June 2026, the Government of India expressed condolences on the passing of Dr. Francisco Guterres Lú-Olo, the former President of Timor-Leste.
• Francisco Guterres Lú-Olo, a prominent leader of Timor-Leste’s independence movement and a former President of the country, passed away at the age of 71.
• He was widely regarded as one of the key figures in Timor-Leste’s struggle for independence and played an important role in the country’s political and democratic development.
• Lú-Olo served as the President of Timor-Leste from 2017 to 2022.