Economy, Banking and Finance Current Affairs July 2025 Quiz (Part 5): Items from July 2025 across markets, energy storage, pensions, banking regulation, fintech, and inclusion. The table below keeps updates short and packs Facts.
Economy, Banking and Finance Current Affairs July 2025 Quiz (Part 5): Summary
| # | Updates | Facts (Why it matters) | Authority / Leader |
|---|---|---|---|
| 1 | NSE starts monthly power futures | Markets/Derivatives • Trading from 14 Jul 2025 (SEBI nod 11 Jun) • Expands hedging for DISCOMs/industrials | NSE — Ashishkumar Chauhan |
| 2 | IndiGrid BESS at Sanand (GETCO) | Energy storage • 180MW/360MWh; IFC ₹460cr (~$55m) • India’s largest standalone BESS | IndiGrid — Harsh Shah; IFC — Imad N. Fakhoury |
| 3 | UPS gets NPS tax parity | Pensions/Tax • UPS = NPS benefits mutatis mutandis • Clarity for contributors | GoI; PFRDA |
| 4 | StanChart to settle USD at GIFT | Market infra • CCIL IFSC USD settlement bank • Real-time USD settlements for IBUs | Standard Chartered — P. D. Singh; CCIL IFSC — Hare Krishna Jena |
| 5 | RBI bars prepay fees (floating, non-biz) | Retail credit • No prepayment/foreclosure charges; eff. 1 Jan 2026 • Protects individual borrowers | RBI |
| 6 | #100DesiDeepTechs launched | Startup/Deep-tech • With Startup India (DPIIT), MeitY SH, IIT-M • Spotlights 100 deep-techs | Startup Policy Forum + partners |
| 7 | CareEdge Global IFSC permitted (Basel) | Banking/Risk weights • New ECAI for IFSC corporates • Wider rating options for banks | RBI; CareEdge Global IFSC |
| 8 | VCF Settlement Scheme: base ₹1L | SEBI/Scheme • Delay ≤1 yr = ₹1 lakh; slabs thereafter • Time-bound clean-up for migrated VCFs | SEBI — Madhabi Puri Buch |
| 9 | NSE 4th globally by IPO funds | Markets/IPO • $5.51bn = 8.9% of global $61.95bn (H1’25) • Venue ranking to memorise | S&P Global MI; NSE |
| 10 | KYC at 1.64L+ post offices | MF/KYC • Dept of Posts × AMFI MoU • Easier KYC for MF investors | Dept of Posts; AMFI — V. N. Chalasani |
| 11 | CPI June ’25 at 2.10% | Inflation/Macro • 2.10% (low since Jan ’19) • Below 4% target for months | NSO (MoSPI) |
| 12 | UP leads GST active taxpayers | GST/Analytics • UP 13.2% share; top-5 ≈ 50% • State-wise GST depth | SBI Research |
| 13 | NSDL Payments Bank scheduled | Banking/Status • Added to Second Schedule (Jul ’25) • LAF/MSF access, interbank ease | RBI; NSDL Payments Bank |
| 14 | Karwar UCB licence cancelled | UCB/Resolution • Bank ceased 23 Jul; DICGC ₹5L cover • Depositor safety cue | RBI; DICGC |
| 15 | MCXCCL recognition renewed | Clearing corp • Term 31 Jul 2025 → 30 Jul 2028 • Continuity for commodity clearing | SEBI; MCXCCL |
| 16 | BEML–HSL marine MoU | Defence/Shipbuilding • Co-develop next-gen marine systems • Indigenisation + lifecycle support | BEML — Shantanu Roy; HSL — Hemant Khatri |
| 17 | FI-Index Mar ’25 = 67.0 | Inclusion • Up from 64.2 (Mar ’24) • Progress in access/usage/quality | RBI |
| 18 | Broker portal “Samuhik Prativedan” | Compliance tech • From 1 Aug 2025; 40 reports Phase-I • File once via single exchange | SEBI + Exchanges |
| 19 | Xflow gets PA-CB in-principle | Payments/Cross-border • PA-CB (E&I) IPA; FX AI Analyst tool • Scales regulated export/import flows | Xflow — Anand Balaji; RBI |
Economy, Banking and Finance Current Affairs July 2025 Quiz (Part 5): Explanation
Q1) Which entities signed an MoU on 17 July 2025 to let mutual fund investors complete KYC verification at 1.64 lakh+ post offices?
Q2) On 16 July 2025, SEBI renewed recognition for three years (effective 31 Jul 2025–30 Jul 2028) for which clearing corporation?
Q3) In July 2025, what did the Government clarify about the Unified Pension Scheme (UPS) which is offered as an option under NPS?
Q4) As per SBI Research (July 2025), which state had the highest share of active GST taxpayers?
Q5) IFC-backed IndiGrid will set up India’s largest standalone BESS (180 MW/360 MWh) at which site?
Q6) In July 2025, which MoD CPSE signed an MoU with Hindustan Shipyard Limited to co-develop next-gen marine systems?
Q7) Which payments bank received scheduled bank status from RBI in 2025 under Section 42(6)(a) of the RBI Act, 1934?
Q8) Under SEBI’s ‘VCF Settlement Scheme 2025’, what is the base settlement amount for delay up to one year in winding up a scheme?
Q9) In July 2025, the Startup Policy Forum launched #100DesiDeepTechs. Which collaborator set named at launch is correct?
Q10) What is the name of SEBI’s centralised compliance reporting platform effective 1 Aug 2025, that lets brokers file once with a single exchange instead of multiple?
Q11) India’s retail (CPI) inflation in June 2025 eased to what level, the lowest since January 2019?
Q12) Regarding RBI’s action on The Karwar Urban Co-operative Bank Ltd., Karwar in July 2025, which statement is correct?
Q13) Which bank signed on 1 July 2025 to act as the USD settlement bank for CCIL IFSC’s Foreign Currency Settlement System at GIFT City?
Q14) As per S&P Global Market Intelligence (H1 CY2025), where did NSE rank globally by IPO fundraising?
Q15) RBI’s Financial Inclusion Index (FI-Index) for March 2025 stands at ___ (vs March 2024).
Q16) Which exchange began trading monthly electricity futures on 14 July 2025 after receiving SEBI approval in June 2025?
Q17) Under Basel III, which new External Credit Assessment Institution (ECAI) did RBI permit on 10 Jul 2025 for risk-weighting banks’ claims on non-resident corporates originating at IFSCs?
Q18) In July 2025, which fintech received RBI’s in-principle authorisation to operate as an online Payment Aggregator – Cross-Border (PA-CB) covering both export and import flows?
Q19) Under RBI’s Pre-payment Charges on Loans Directions, 2025, what is the headline rule for floating-rate non-business loans to individuals?