Summary of Weekly Current Affairs 2025 (1st June-7th June) | 100+ MCQs | Current Affairs Today By Ashish Gautam
The video "Weekly Current Affairs 2025 (1st June-7th June) | 100+ MCQs | Current Affairs Today By Ashish Gautam" provides a comprehensive review of important current affairs from the first week of June 2025, primarily aimed at competitive exam preparation through MCQs. The presenter, Ashish Gautam, covers a wide range of topics including national appointments, international events, economic updates, scientific developments, sports, and government initiatives. Key points are summarized below:
Key Highlights and Current Affairs:
- Appointments and Leadership Changes:
- Rajiv Memani appointed as President of Confederation of Indian Industry (CII), replacing Sanjeev Puri.
- Suchitra Ella appointed as Vice President of CII.
- FSIB recommended Ashish Pandey as MD of Union Bank of India and Kalyan Kumar as MD of Central Bank of India.
- Stephen Saffer appointed CEO of Deutsche Bank India.
- Swarup Kumar Shah’s tenure extended as MD & CEO of Punjab and Sindh Bank till Feb 2027.
- Manish Gupta appointed President & CEO of Dell Technologies India.
- Sanjeev Nandan appointed Director of Prime Minister Museum and Library.
- Roy Varghese appointed CEO of Ashirvad Micro Finance.
- Sudarshan Venu appointed CMD of TVS Motor Company.
- Economic and Financial Updates:
- RBI’s 55th Monetary Policy Committee meeting cut the repo rate from 6% to 5.5% and reduced the Cash Reserve Ratio (CRR) from 4% to 3% in phased installments, injecting liquidity of ₹5 lakh crore into the banking system.
- Asian Development Bank announced sovereign loans of $4.5 billion and $1 billion private sector financing to India.
- GST collection crossed ₹2 lakh crore mark again in May 2025 (₹2.01 lakh crore).
- UPI transactions in May 2025 reached ₹25.14 lakh crore with 18.68 billion transactions.
- Central Bank of India acquired 25.18% stake in Future Generali India Life Insurance for ₹57 crore.
- Central Bank of India also acquired 24.91% stake in Future Generali India General Insurance for ₹451 crore.
- Flipkart received a lending license from RBI, becoming the first large e-commerce NBFC lender.
- L&T raised ₹500 crore through SEBI’s ESG and Sustainability Linked Bonds.
- Government Initiatives and Policies:
- Chhattisgarh to develop India’s first AI-based Special Economic Zone in Nava Raipur with ₹1000 crore investment.
- Karnataka raised legal tobacco buying age to 21 and banned hookah bars and public smoking.
- NPS subscribers retiring before 31 March 2025 with minimum 10 years of service can claim additional benefits till 30 June 2025.
- Andhra Pradesh signed a 5-year agreement with ISRO for a Real Time Governance System using satellite data.
- India to hold presidency of International Institute of Administrative Sciences (IIAS) from 2025 to 2028.
- Ayush Investment Sarathi portal launched to promote global investment in traditional medicine with 100% FDI under automatic route.
- Ministry of Science & Technology’s CSIR-IIIM organized the 3rd Lavender Festival in Jammu & Kashmir as part of the Purple Revolution.
- New Central Forensic Science Laboratory inaugurated in Kolkata to strengthen forensic evidence in criminal justice.
- AIIMS Delhi and IIT Delhi signed MoU to create an Artificial Intelligence Center of Excellence for healthcare.
- International Relations and Events:
- Fourth India-Central Asia Dialogue held in New Delhi with participation from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan.
- India-Vietnam hydrographic cooperation enhanced under the SAGAR initiative; Indian Navy ship deployed to Ho Chi Minh City.
- India-Russia S-400 missile system deal ongoing; three squadrons delivered with remaining expected by 2026.
- India and Paraguay agreed to set up a Joint Commission Mechanism.
- Finland opened an Honorary Consulate in Ahmedabad; Kulin Lal Bhai appointed Honorary Consul.
- India signed agreement with Kongsberg, Norway to build first indigenous Polar Research Vessel under National Center for Polar and Ocean Research (NCPOR).
- G7 Summit to be held in Alberta, Canada; PM Narendra Modi to attend.
- India to attend UN General Assembly 80th session; Annabella Barbock (former German FM) appointed first woman President of the session.
- Science, Technology, and Environment:
- French scientist Dr. Étienne-Émile Baulieu, developer of RU-486 abortion pill, passed away.
- Starlink (Elon Musk’s company) received GMPCS satellite communication license in India, joining Airtel and Jio.
- Indian Navy
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News and Commentary