Current Affairs Quiz – July 2025

Notes:
Group Captain Shubhanshu Shukla recently launched path-breaking Myogenesis experiments on the International Space Station (ISS), showing India’s progress in space research. Myogenesis is the process of forming muscle fibers. It is a complex and controlled process important for developing and maintaining skeletal muscle tissue. Myogenesis helps build body muscles that support movement, posture, and metabolism. It happens through the transformation of precursor cells called myoblasts into multinucleated muscle fibers. Studying myogenesis helps understand muscle diseases and develop therapies.

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The world celebrates June 30 as World Asteroid Day to mark the Tunguska event, a huge asteroid explosion over Siberia, Russia, in 1908. The Tunguska event flattened about 2,000 square kilometres of forest with energy equal to 185 Hiroshima bombs. World Asteroid Day aims to raise awareness about asteroid risks and encourage investment in space science and technology. The United Nations General Assembly passed resolution A/RES/71/90 in 2016 to declare June 30 as International Asteroid Day after a proposal from the Association of Space Explorers, supported by the Committee on the Peaceful Uses of Outer Space (COPUOS).

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Recently, Japan successfully launched a climate monitoring satellite on its H-2A rocket, which made its final flight before retiring. The H-2A lifted off from Tanegashima Space Center carrying the Global Observing Satellite for Greenhouse gases and Water cycle (GOSAT-GW) to track carbon, methane, and water cycles. The launch faced delays due to electrical issues but succeeded, marking the 50th mission of H-2A since 2001 with a 98% success rate. GOSAT-GW will soon share high-resolution data globally, including with the United States National Oceanic and Atmospheric Administration (NOAA).

Notes:
Maharashtra has launched a hedging desk in Pune to help farmers lock in prices, reduce risks, and boost incomes under the SMART Project, which stands for Balasaheb Thackeray Agribusiness and Rural Transformation Project. The desk will first cover cotton, turmeric, and maize crops to protect farmers from market price fluctuations. The initiative will expand to include more crops in the future. It is supported by the National Commodity and Derivatives Exchange and its research wing National Institute of Commodity Research (NICR).

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Recently, the Indian Navy’s Indian Naval Ship Tabar (INS Tabar) acted quickly to rescue crew members after a fire broke out on an oil vessel in the Gulf of Oman. INS Tabar (F44) is the third Talwar-class frigate of the Indian Navy. It was built in Russia. It is one of the earliest stealth frigates of the Indian Navy. It operates under the Western Fleet based in Mumbai within the Western Naval Command.

Notes:
Recently, the Reserve Bank of India (RBI) released the Financial Stability Report for June 2025. The Financial Stability Report is a twice-yearly report by the Reserve Bank of India. It shows the joint assessment of the Sub-Committee of the Financial Stability and Development Council on risks to financial stability and the strength of the Indian financial system. The report highlights that India continues to drive global growth due to solid economic fundamentals and wise policies. Risks include geopolitical tensions, trade disruptions, and weather-related uncertainties.

Notes:
Recently, the United Nations Conference on Trade and Development released the A World of Debt Report 2025, highlighting a global debt surge worsened by recent crises. Global Public Debt reached a record 102 trillion in 2024. It may rise to 100% of Gross Domestic Product by 2030 if current trends continue. Developing countries hold less than one-third (31 trillion) of this debt, but their debt has grown twice as fast since 2010. In developing regions, Asia and Oceania account for 24%, Latin America and the Caribbean 5%, and Africa 2% of global public debt. Developing countries face borrowing costs two to four times higher than the United States.

Notes:
Recently, India celebrated GST Day on July 1 to mark eight years since the Goods and Services Tax was implemented in 2017. Goods and Services Tax transformed the indirect tax system by making compliance easier, reducing business costs, and enabling free movement of goods across states. It boosted transparency and efficiency, supporting a stronger and more unified economy. In 2024–2025, gross Goods and Services Tax collections reached a record ₹22.08 lakh crore. This shows a 9.4 percent yearly growth, reflecting better tax compliance and higher formalisation of the economy.

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The Union Railway Minister recently launched the RailOne app in New Delhi. RailOne is a new super app to handle all railway-related passenger needs in one place. It was developed by the Centre for Railway Information Systems, a Public Sector Undertaking (PSU) of Indian Railways. RailOne combines services like ticket booking, real-time tracking, food ordering, Passenger Name Record (PNR) status, refunds, porter booking, and last-mile taxi.

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Recently, Lucknow became Uttar Pradesh’s first “Zero Dump City” with all three units of the Shivri waste treatment plant fully operational. The plant now processes 2100 metric tons of waste daily and has cleared two-thirds of the old waste mound. A ₹96 crore project began in 2023 under Swachh Bharat Mission by Lucknow Municipal Corporation. Pune-based Bhumi Green Energy took over in January 2024, using microbial culture and air drying methods. Each unit handles 700 metric tons per day. Waste is separated into fine soil for farming, Refuse Derived Fuel (RDF) for cement and paper industries, coarse materials for land reclamation, and construction debris for infrastructure.