📰 CURRENT AFFAIRS QUIZ

Current Affair Quizzes

Test Your Knowledge of Recent Events

June 25, 2026

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25 June 2026 — Daily Current Affairs Quiz

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📝 Revision Notes

Key takeaways from today’s quiz to strengthen your preparation

Sports
International Olympic Day — IOC Founding
Observed 23 June annually. IOC founded on 23 June 1894 at the Sorbonne, Paris, France by Baron Pierre de Coubertin. First modern Olympics: Athens, 1896. Olympic Day idea proposed in 1947 by Dr. Josef Gruss (Czechoslovakia) at the 41st IOC Session, Stockholm. First observance: 23 June 1948. 2026 theme: “You Can Do This. Let’s Move.”
Business & Economy
TReDS — RBI Revised Directions 2026
TReDS = Trade Receivables Discounting System. Electronic marketplace enabling MSMEs to auction trade receivables to banks/financiers for immediate cash. RBI issued revised “RBI (TReDS) Directions, 2026” in June 2026 — simplifies MSME seller onboarding; allows financiers to avail credit guarantee. RBI Est: 1 April 1935; HQ: Mumbai.
Education
QS World Future Skills Index 2027
Released by Quacquarelli Symonds (QS), HQ London. India ranked 13th globally; score: 89.4/100; 1st in South Asia and 1st among lower-middle-income countries. USA topped (99.2), followed by Australia (97.5) and UK (96.6). India’s indicator ranks: Future of Work — 5th; Economic Transformation — 14th; Skills Alignment — 18th; Academic Readiness — 22nd. Index evaluated 89 countries.
Business & Economy
Air India — Tata Group & Kharola’s Return
Pradeep Singh Kharola (former Air India CMD 2017–2019) rejoined as Executive Advisor to Chairman N. Chandrasekaran (Chairman, Tata Sons). Air India acquired by Tata Group in 2022 post-disinvestment. CEO Campbell Wilson announced planned exit; successors under consideration include Nipun Aggarwal and Vinod Kannan. Air India losses: ~Rs 9,568 crore in FY25.
Environment
India — World’s Top Ship Recycling Nation (2025)
India’s global ship recycling share rose to 35.4% (from 30.1% in 2024); 2.99 million GT — ~60% rise. Alang-Sosiya, Gujarat handles ~97% of India’s ship recycling. Expansion target: 9 million LDT — to become world’s largest hub. Reported in UNCTAD Review of Maritime Transport 2025. Ship-breaking Credit Note Scheme (SbCN): credits worth 40% of scrap value.
Defence
Safran–SatSure MoU: GEOINT for India
Safran Electronics & Defense (France) and SatSure (India) signed MoU to develop Geospatial Intelligence (GEOINT) solutions for India. Combines Safran.AI (AI capabilities) + SatSure (satellite/geospatial data) + KaleidEO (Earth observation-to-intelligence). Applications: defence, environment, infrastructure security. Part of France-India Year of Innovation.
Governance
GRSE — India’s 29th Navratna CPSE
Garden Reach Shipbuilders & Engineers (GRSE), under MoD, upgraded from Miniratna Category-I to Navratna by DPE, Ministry of Finance. Navratna autonomy: invest up to Rs 1,000 crore or 15% of net worth per project without prior govt approval. GRSE revenue: Rs 1,754 cr (FY22) → Rs 7,002 cr (FY26) (~300% growth). HQ: Kolkata, West Bengal. India now has 29 Navratna CPSEs.
Environment
VOC Port — Scope-2 Emission Free Port
V.O. Chidambaranar Port Authority (VOCPA), Thoothukudi, Tamil Nadu recognised as Scope-2 Emission Free Port by MoPS&W. Means zero indirect emissions from purchased electricity, heat, steam & cooling. Overall: 45% reduction in net carbon emissions. Announced by Union Minister Sarbananda Sonowal at Transport Bhawan, New Delhi.
International
CAG India–Israel SAI MoU
CAG of India K. Sanjay Murthy signed MoU with Matanyahu Englman (State Comptroller & Ombudsman, Israel; President of EUROSAI). Focus: AI in auditing, data analytics, digital audit tools, performance & compliance auditing. Englman delivered lecture under Dr. B.R. Ambedkar Lecture Series. CAG: Constitutional body under Article 148.
Governance
Kerala Budget FY27 — Mission Samudra
Revised FY27 Budget presented by CM V.D. Satheesan (also Finance Minister). Mission Samudra: Rs 400 crore — integrates coastline, ports & inland waterways. Other allocations: Aviation Hub (Rs 200 cr), Life Science City (Rs 100 cr), Mineral Corridor (Rs 100 cr), Economic Corridor (Rs 50 cr), Oommen Chandy Health Insurance Scheme (Rs 10 cr; covers up to Rs 25 lakh/family). Fiscal Deficit: ~3.46% of GSDP (down from 3.78%).

🎴 Revision Flashcards

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Tap to Reveal
When and where was the IOC founded, and by whom?
23 June 1894 — Sorbonne, Paris — Baron Pierre de Coubertin
First Olympic Day observance: 23 June 1948; proposed by Dr. Josef Gruss (Czechoslovakia)
Tap to Reveal
What does TReDS stand for and what is its purpose?
Trade Receivables Discounting System — MSMEs auction invoices for immediate cash
RBI issued revised TReDS Directions in June 2026; simplifies MSME onboarding
Tap to Reveal
What is India’s rank in the QS World Future Skills Index 2027, and who topped it?
India — 13th (89.4/100); USA topped (99.2)
India: 1st in South Asia, 1st among lower-middle-income countries; 89 countries evaluated
Tap to Reveal
Which location handles ~97% of India’s ship recycling activity?
Alang-Sosiya, Gujarat
India’s global ship recycling share: 35.4% (2025); expansion target: 9 million LDT
Tap to Reveal
What is the investment autonomy limit for a Navratna CPSE per project?
Rs 1,000 crore or 15% of net worth — without prior government approval
GRSE became India’s 29th Navratna CPSE in June 2026; HQ Kolkata
Tap to Reveal
What type of emission-free status did VOC Port (VOCPA) receive in June 2026?
Scope-2 Emission Free Port — eliminates indirect emissions from purchased electricity/heat
VOCPA, Thoothukudi, Tamil Nadu; 45% reduction in net carbon emissions
Tap to Reveal
Who signed the CAG India–Israel MoU and what is his dual role?
Matanyahu Englman — State Comptroller of Israel AND President of EUROSAI
CAG India: K. Sanjay Murthy; Constitutional body under Article 148; focus: AI in auditing
Tap to Reveal
What is Kerala’s Mission Samudra and how much is allocated to it?
Rs 400 crore — integrating coastline, ports, and inland waterways
FY27 Kerala Budget by CM V.D. Satheesan; Fiscal Deficit ~3.46% of GSDP
💭
Think & Discuss
India’s Maritime Ambition: Can Alang-Sosiya Become a Global Ship Recycling Hub While Meeting Environmental Standards?
Context from today’s quiz: In 2025, India overtook all competitors to become the world’s top ship recycling nation — with Alang-Sosiya in Gujarat handling 97% of this activity. Simultaneously, the VOC Port in Tamil Nadu was recognised as India’s first Scope-2 Emission Free Port, reflecting a broader push toward green maritime infrastructure. With Alang-Sosiya targeting 9 million LDT capacity and India’s ship recycling share now at 35.4%, a critical tension emerges: can rapid industrial scaling and environmental sustainability coexist in India’s maritime sector?
🤔 Your Perspective Matters
India’s dominance in ship recycling is economically significant — it recovers steel, reduces import dependence, and generates thousands of jobs in coastal Gujarat. Yet ship recycling is one of the world’s most hazardous industries, involving asbestos, toxic paints, and heavy metals. The Honk Kong Convention on ship recycling sets global standards that many argue India’s yards still struggle to fully meet.

Should India prioritise expanding Alang-Sosiya to maximise its global market share — or should it first invest in bringing every yard into full compliance with international environmental and worker safety standards, even if that means slower growth?
  • The Ship-breaking Credit Note Scheme (SbCN) offers recyclers credits worth 40% of scrap value. Is incentive-based policy sufficient to drive green compliance, or does India need stricter regulatory enforcement and penalties for non-compliant yards?
  • Kerala’s Mission Samudra (Rs 400 crore) aims to integrate coastline, ports, and inland waterways. How should India balance state-level maritime development initiatives with a national maritime policy — and should VOCPA’s Scope-2 Emission Free status become a mandatory benchmark for all major Indian ports?
  • GRSE’s Navratna upgrade and Safran-SatSure’s GEOINT partnership both signal India’s growing defence-maritime capabilities. Does India need a unified Maritime Security & Infrastructure Authority to coordinate ship recycling, port emissions, naval shipbuilding, and geospatial intelligence under one strategic framework?

We’d love to hear your thoughts! Share your perspective in the comments.

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Prashant Chadha

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