Stay updated with top headlines of Current Affairs Today: 3 July 2025 — national, international, economy, banking, defence, science, sports & appointments for exam aspirants.
NATIONAL AFFAIRS
1. What is the name of the National Sports Policy approved by the Union Cabinet on July 1, 2025?
A. Khel India Niti 2025
B. Khelo Bharat Niti 2025
C. Sports Bharat Niti 2025
D. Bharat Khel Yojana 2025
E. National Sports Framework 2025
Answer: B. Khelo Bharat Niti 2025
2. What is the budget outlay for the Employment Linked Incentive (ELI) Scheme approved by the Union Cabinet for 2025–2027?
A. Rs. 1 Lakh Crore
B. Rs. 1.5 Lakh Crore
C. Rs. 2 Lakh Crore
D. Rs. 2.5 Lakh Crore
E. Rs. 3 Lakh Crore
Answer: C. Rs. 2 Lakh Crore
3. How many new jobs does the Employment Linked Incentive (ELI) Scheme aim to generate between August 1, 2025, and July 31, 2027?
A. 2.5 crore
B. 3 crore
C. 3.5 crore
D. 4 crore
E. 4.5 crore
Answer: C. 3.5 crore
4. What is the purpose of the Research Development and Innovation (RDI) scheme approved by the Union Cabinet?
A. To enhance agricultural productivity
B. To bolster India’s research and innovation ecosystem
C. To improve healthcare infrastructure
D. To promote digital education
E. To develop renewable energy projects
Answer: B. To bolster India’s research and innovation ecosystem
5. What is the estimated cost of the 4-Lane Paramakudi-Ramanathapuram Section of National Highway (NH-87) approved by the Union Cabinet?
A. Rs. 1,553 crores
B. Rs. 1,653 crores
C. Rs. 1,753 crores
D. Rs. 1,853 crores
E. Rs. 1,953 crores
Answer: D. Rs. 1,853 crores
6. What is the primary focus of the ‘ZET Adoption in India and Its Impact on Emission and Energy’ report released by the Office of the Principal Scientific Adviser?
A. Promoting solar energy adoption
B. Enhancing air quality through urban planning
C. Fast-tracking Zero-Emission Trucking (ZET) adoption
D. Reducing industrial waste
E. Improving railway electrification
Answer: C. Fast-tracking Zero-Emission Trucking (ZET) adoption
7. What percentage of India’s logistics operations is driven by the Medium and Heavy-Duty Truck (M&HDT) sector, according to the ZET report?
A. 50%
B. 60%
C. 70%
D. 80%
E. 90%
Answer: C. 70%
8. For which quarter of FY26 did the Ministry of Finance announce that Small Savings Scheme (SSS) interest rates would remain unchanged?
A. Q1 (April–June 2025)
B. Q2 (July–September 2025)
C. Q3 (October–December 2025)
D. Q4 (January–March 2026)
E. Q5 (April–June 2026)
Answer: B. Q2 (July–September 2025)
9. Where was the first ASEAN-India Cruise Dialogue 2025 inaugurated?
A. Mumbai, Maharashtra
B. Chennai, Tamil Nadu
C. Kochi, Kerala
D. Visakhapatnam, Andhra Pradesh
E. Kolkata, West Bengal
Answer: B. Chennai, Tamil Nadu
10. How many cruise passengers does the ASEAN-India Cruise Dialogue initiative aim to reach annually by 2029?
A. 500,000
B. 750,000
C. 1 million
D. 1.5 million
E. 2 million
Answer: C. 1 million
11. What is the name of the super application launched by Union Minister Ashwini Vaishnaw for railway passenger services on July 1, 2025?
A. RailConnect
B. SwaRail
C. RailOne
D. IRCTC One
E. UTS App
Answer: C. RailOne
12. Which organization developed the RailOne super application launched on July 1, 2025?
A. Indian Railway Catering and Tourism Corporation
B. Centre for Railway Information Systems
C. National Informatics Centre
D. RailTel Corporation of India
E. Indian Railways Technical Wing
Answer: B. Centre for Railway Information Systems
BANKING & FINANCE
13. What is the target of the State Bank of India’s Solar Rooftop Programme by FY27?
A. Solarise 2 million homes
B. Solarise 3 million homes
C. Solarise 4 million homes
D. Solarise 5 million homes
E. Solarise 6 million homes
Answer: C. Solarise 4 million homes
14. Where was the 70th anniversary event of the State Bank of India held on July 1, 2025?
A. Mumbai, Maharashtra
B. New Delhi, Delhi
C. Bengaluru, Karnataka
D. Kolkata, West Bengal
E. Chennai, Tamil Nadu
Answer: B. New Delhi, Delhi
15. With which organization did AU Small Finance Bank partner to distribute life insurance products in June 2025?
A. ICICI Prudential Life Insurance
B. HDFC Life Insurance
C. Life Insurance Corporation of India
D. SBI Life Insurance
E. Max Life Insurance
Answer: C. Life Insurance Corporation of India
16. What is the national vision supported by the partnership between AU Small Finance Bank and LIC?
A. Digital India by 2030
B. Insurance for All by 2047
C. Financial Inclusion by 2025
D. Universal Healthcare by 2035
E. Pension for All by 2040
Answer: B. Insurance for All by 2047
17. What is the name of the digital banking platform launched by IndusInd Bank to empower MSMEs in July 2025?
A. INDIE for Business
B. MSME Connect
C. Business One
D. Digital MSME Hub
E. Indus Business Suite
Answer: A. INDIE for Business
18. How much did the Asian Infrastructure Investment Bank invest in Aditya Birla Capital for green infrastructure in July 2025?
A. Rs. 1,101.25 crore
B. Rs. 1,201.25 crore
C. Rs. 1,301.25 crore
D. Rs. 1,401.25 crore
E. Rs. 1,501.25 crore
Answer: C. Rs. 1,301.25 crore
ECONOMY & BUSINESS
19. With which company did Reliance Defence Limited partner to establish a Maintenance, Repair, and Overhaul (MRO) facility in Maharashtra?
A. Boeing Corporation
B. Coastal Mechanics Company, Inc.
C. Lockheed Martin
D. Airbus Group
E. BAE Systems
Answer: B. Coastal Mechanics Company, Inc.
20. Where will the joint venture between Reliance Defence Limited and Coastal Mechanics establish the MRO facility?
A. Pune, Maharashtra
B. MIHAN, Nagpur, Maharashtra
C. Mumbai, Maharashtra
D. Aurangabad, Maharashtra
E. Nashik, Maharashtra
Answer: B. MIHAN, Nagpur, Maharashtra
AWARDS & RECOGNITIONS
21. Who received the Mental Health Award 2025 at the 24th International Mental Health Conference in Thailand?
A. Tedros Adhanom Ghebreyesus
B. Saima Wazed
C. Poonam Khetrapal
D. Simon Stiell
E. Chan Santokhi
Answer: B. Saima Wazed
22. Where was the 24th International Mental Health Conference held in 2025?
A. Bangkok, Thailand
B. Singapore
C. Kuala Lumpur, Malaysia
D. Jakarta, Indonesia
E. Manila, Philippines
Answer: A. Bangkok, Thailand
APPOINTMENTS & RESIGNATIONS
23. Who was appointed as the Executive Director of the Reserve Bank of India on July 1, 2025?
A. Sunil Jayawant Kadam
B. Kesavan Ramachandran
C. Bhanu Pratap Sharma
D. Ravi Agrawal
E. Parag Jain
Answer: B. Kesavan Ramachandran
24. Which department will Kesavan Ramachandran lead as the Executive Director of the RBI?
A. Department of Currency Management
B. Department of Regulation (Prudential Regulation Division)
C. Department of Economic and Policy Research
D. Department of Supervision
E. Department of Payment and Settlement Systems
Answer: B. Department of Regulation (Prudential Regulation Division)
25. Who was appointed as the Executive Director of the Securities and Exchange Board of India on July 1, 2025?
A. Bhanu Pratap Sharma
B. Kesavan Ramachandran
C. Sunil Jayawant Kadam
D. Ravi Agrawal
E. Parag Jain
Answer: C. Sunil Jayawant Kadam
26. Until when was the tenure of Bhanu Pratap Sharma and the six part-time members of the Financial Services Institutions Bureau extended?
A. June 30, 2025
B. June 30, 2026
C. December 31, 2025
D. December 31, 2026
E. June 30, 2027
Answer: B. June 30, 2026
ACQUISITIONS & MERGERS
27. Which company’s acquisition of a 2.143% stake in Billionbrains Garage Ventures was approved by the CCI on July 1, 2025?
A. Temasek Holdings
B. Viggo Investment Pte Limited
C. Softbank
D. Sequoia Capital
E. Tiger Global
Answer: B. Viggo Investment Pte Limited
28. What percentage stake did Coromandel International Limited acquire in NACL Industries Limited, as approved by the CCI?
A. 43%
B. 48%
C. 53%
D. 58%
E. 63%
Answer: C. 53%
29. Which company acquired a 17.5% stake in Greenko Energy Holdings for USD 1.4 billion in June 2025?
A. AM Green BV
B. Aditya Birla Capital
C. Reliance Defence Limited
D. Coastal Mechanics Company
E. ORIX Corporation
Answer: A. AM Green BV
30. What is the planned production capacity of green ammonia by AM Green at its Kakinada facility?
A. 3 MTPA
B. 4 MTPA
C. 5 MTPA
D. 6 MTPA
E. 7 MTPA
Answer: C. 5 MTPA
SCIENCE & TECHNOLOGY
31. What is the name of the Indian Naval Ship commissioned in Kaliningrad, Russia, on July 1, 2025?
A. INS Tushil
B. INS Tamal
C. INS Udaygiri
D. INS Shivalik
E. INS Vikrant
Answer: B. INS Tamal
32. Under which project is INS Tamal classified?
A. Project 17
B. Project 17A
C. Project 1135.6
D. Project 15B
E. Project 18
Answer: C. Project 1135.6
33. Which shipyard delivered the stealth frigate Yard 12652 (Udaygiri) to the Indian Navy on July 1, 2025?
A. Garden Reach Shipbuilders & Engineers
B. Mazagon Dock Shipbuilders Limited
C. Cochin Shipyard Limited
D. Hindustan Shipyard Limited
E. Goa Shipyard Limited
Answer: B. Mazagon Dock Shipbuilders Limited
34. What is the propulsion system used in the Udaygiri frigate under Project 17A?
A. Combined Diesel and Diesel (CODAD)
B. Combined Diesel or Gas (CODOG)
C. Combined Gas and Gas (COGAG)
D. Nuclear Propulsion
E. Electric Propulsion
Answer: B. Combined Diesel or Gas (CODOG)
35. Which company, in a joint venture with Phison Technology, launched India’s first locally designed and manufactured enterprise SSDs in June 2025?
A. Micromax Informatics
B. MiPhi Semiconductors
C. Reliance Digital
D. HCL Technologies
E. Tata Elxsi
Answer: B. MiPhi Semiconductors
36. By what year is the global enterprise SSD market projected to surpass USD 50 billion?
A. 2026
B. 2027
C. 2028
D. 2029
E. 2030
Answer: C. 2028
ENVIRONMENT
37. How many faunal species were added to India’s biodiversity records in 2024, as per the Annual Biodiversity Report?
A. 583
B. 683
C. 783
D. 883
E. 983
Answer: B. 683
38. Which state recorded the highest number of faunal discoveries in 2024, according to the Annual Biodiversity Report?
A. Karnataka
B. Arunachal Pradesh
C. Kerala
D. Maharashtra
E. Uttarakhand
Answer: C. Kerala
39. How many plant taxa were documented in the 2024 Annual Biodiversity Report?
A. 333
B. 383
C. 433
D. 483
E. 533
Answer: C. 433
BOOKS & AUTHORS
40. What is the title of the commemorative book launched to honor V.V. Kumar on his 90th birthday in June 2025?
A. V.V. Kumar: A Cricketing Legend
B. Celebrating V.V. Kumar @ 90
C. The Spin of V.V. Kumar
D. V.V. Kumar’s Legacy
E. Cricket with V.V. Kumar
Answer: B. Celebrating V.V. Kumar @ 90
41. Who launched the commemorative book Celebrating V.V. Kumar @ 90 in Chennai, Tamil Nadu?
A. N. Ram
B. C.D. Gopinath
C. V.V. Kumar
D. Anil Kumble
E. Kapil Dev
Answer: B. C.D. Gopinath
IMPORTANT DAYS
42. What is the theme of World Sports Journalists Day 2025?
A. Sports Journalism: A Voice for Change
B. Championing Fair Play: Reporting with Integrity and Impact
C. Celebrating Sports Excellence
D. Ethics in Sports Reporting
E. The Power of Sports Media
Answer: B. Championing Fair Play: Reporting with Integrity and Impact
43. When was the International Sports Press Association (AIPS) established?
A. 2 July 1920
B. 2 July 1924
C. 2 July 1928
D. 2 July 1932
E. 2 July 1936
Answer: B. 2 July 1924
STATE NEWS
44. What is the primary aim of the Digi-Lakshmi Scheme launched by the Government of Andhra Pradesh in June 2025?
A. To promote digital literacy among rural youth
B. To empower urban poor women through entrepreneurship
C. To provide free internet access to SHG members
D. To establish digital schools in urban areas
E. To enhance healthcare access for women
Answer: B. To empower urban poor women through entrepreneurship
45. How many Common Service Centres (CSCs) does the Digi-Lakshmi Scheme plan to set up across Urban Local Bodies in Andhra Pradesh?
A. 7,034
B. 8,034
C. 9,034
D. 10,034
E. 11,034
Answer: C. 9,034
Current Affairs Today: 3 July 2025
National Affairs — Cabinet decisions
- National Sports Policy (NSP) 2025 / Khelo Bharat Niti 2025 approved — replaces NSP 2001; aims to boost India’s international sporting competitiveness and support a bid to host the 2036 Olympics.
- Employment Linked Incentive (ELI) Scheme approved (part of Budget 2024–25): target to support 4.1 crore youth; budget outlay ₹2 lakh crore overall; guaranteed scheme budget ₹99,446 crore for 2 years, aiming to generate 3.5+ crore jobs between 1 Aug 2025 – 31 Jul 2027.
- Research, Development & Innovation (RDI) scheme approved with a ₹1 lakh crore corpus to strengthen India’s R&D and innovation ecosystem.
- Infrastructure: Cabinet approved construction of 4-lane Paramakudi–Ramanathapuram (NH-87) in Tamil Nadu — ₹1,853 crore.
Science & Energy — ZET report
- Report released (June 2025) on Zero-Emission Trucking (ZET) adoption, stressing policy support to accelerate Battery Electric Trucks (BET) adoption to reduce GHGs, improve air quality and energy security.
- Freight (M&HDT) accounts for ~70% of logistics operations and ~40% of fuel consumption/emissions — major target for decarbonisation. Report based on year-long stakeholder consultation.
- PSA: Ajay Kumar Sood; HQ in New Delhi.
Finance / Small Savings
- Small Savings Scheme (SSS) interest rates unchanged for Q2 FY26 (1 July – 30 Sept 2025), marking the sixth consecutive quarter without revision despite RBI repo rate cuts. Rates are reviewed quarterly based on G-sec yields and market conditions. (Last change: Q4 FY24.)
Maritime / Transport
- 1st ASEAN–India Cruise Dialogue inaugurated in Chennai to deepen cruise connectivity, maritime cooperation and sustainable tourism across the Indo-Pacific; target under Sagar Mala to professionalise 5,000 km of waterways and reach 1 million cruise passengers by 2029.
- RailOne super app launched by MoR/CRIS (1 July 2025) — consolidates ticketing, PNR, live train tracking, payments (R-Wallet), replaces multiple apps (IRCTC, NTES, UTS); available on Android & iOS.
Banking & Finance — Major initiatives
- SBI (70th anniversary): launched Solar Rooftop Programme to solarise 4 million homes by FY27; set up CoE for project finance in RE, e-mobility, data centres, semiconductors, green hydrogen, etc. Chairman: Challa Sreenivasulu Setty.
- AU Small Finance Bank (AU SFB) partners with LIC to distribute life insurance via AU SFB’s network to boost insurance penetration (Insurance for All by 2047).
- IndusInd Bank launched INDIE for Business, a digital banking suite for MSMEs (paperless onboarding, payments, bulk payouts, cross-border solutions); aims to double MSME revenue in 3 years.
- AIIB invested ₹1,301.25 crore in Aditya Birla Capital (NCDs) to finance green infrastructure, RE and e-mobility; includes ESMS alignment to AIIB standards.
Economy & Defence Industry
- Reliance Defence + Coastal Mechanics JV to build India’s first major private defence MRO facility at MIHAN, Nagpur, servicing legacy and modern platforms (Jaguar, MiG-29, Apache, L-70 etc.) — taps a ~₹20,000 crore defence MRO market.
- FY25: India’s defence production rose to ₹1.46 trillion (+15% YoY); defence exports ₹24,000 crore.
Acquisitions & Investments
- CCI approvals (1 July 2025): GIC (Viggo) to take 2.143% in Billionbrains Garage Ventures (Groww parent); Coromandel International acquiring stake in NACL Industries; British International Investment (BII) investing in ReNew Photovoltaics.
- AM Green BV (Netherlands) bought 17.5% stake in Greenko from ORIX for USD 1.4 billion; AMG targeting 5 MTPA green ammonia production; first 1 MTPA facility under construction at Kakinada.
Defence & Navy
- INS Tamal (F71) — multi-role stealth guided-missile frigate — commissioned at Yantar Shipyard, Kaliningrad, Russia (1 July 2025); last large foreign-built major warship inducted as India pushes for indigenisation.
- Indigenous stealth frigate Udaygiri (Yard 12652) delivered by Mazagon Dock (Project 17A) — second P17A delivery; Project 17A: seven advanced stealth frigates, phased deliveries through 2026; Udaygiri features CODOG, IPMS and modern weapons.
Technology / Semiconductors
- MiPhi Semiconductors (Micromax + Phison JV) launched India’s first locally designed & manufactured enterprise SSDs (June 2025) — step towards semiconductor self-reliance; supports data-centre and AI infrastructure growth.
Environment & Biodiversity
- Annual biodiversity report 2024: 683 faunal species added (459 new species + 224 new records) and 433 plant taxa (410 new species + 23 infra-specific taxa).
- Kerala led faunal (101) and floral (58) discoveries in 2024. Reports from ZSI (Animal Discoveries 2024) and BSI (Plant Discoveries 2024).
Awards & People
- Saima Wazed, WHO-SEAR Regional Director, received Mental Health Award 2025 at the 24th IMHC in Bangkok (1 July 2025) for contributions to mental health leadership.
- RBI appointed Kesavan Ramachandran as Executive Director (Dept. of Regulation).
- SEBI appointed Sunil Jayawant Kadam as Executive Director.
- ACC extended Bhanu Pratap Sharma (FSIB Chairperson) and six part-time members for one year (till 30 June 2026).
Science & Technology (other)
- INS Tamal commissioned; Udaygiri delivered (covered above).
- MiPhi SSDs (covered above).
Culture / Books
- V.V. Kumar (former leg-spinner) honoured on his 90th birthday with a commemorative book Celebrating V.V. Kumar @ 90 in Chennai; includes contributions from former cricketers and writers.
Important Days
- World Sports Journalists Day (2 July 2025): theme — “Championing Fair Play: Reporting with Integrity and Impact”; commemorates AIPS founding (2 July 1924).
State News
- Andhra Pradesh launched Digi-Lakshmi Scheme (June 2025) to digitally empower urban poor women and transform SHGs into entrepreneurs: plans 9,034 CSCs, loans ₹2–2.5 lakh, ATOM kiosks delivering ~250 public services; implemented via MEPMA (MA&UD).