Current Affairs 07/12/2025
1. How many basis points did RBI cut the repo rate?
Answer : 25 bps
RBI Cuts Repo Rate by 25 Basis Points: Key Implications
The Reserve Bank of India (RBI) has announced a 25 basis point (bps) reduction in the repo rate, marking a significant move aimed at boosting economic activity. With this cut, the central bank intends to make borrowing more affordable for banks, which in turn can extend credit to businesses and consumers at lower interest rates.
This monetary policy adjustment reflects the RBI’s confidence in the current inflation trend and its effort to support growth without compromising financial stability. A repo rate cut of 25 bps typically encourages investment, eases loan EMIs, and improves liquidity across the banking system. Analysts note that such a calibrated reduction helps maintain balance between controlling inflation and stimulating economic momentum.
Economists will closely watch how the rate cut influences market behaviour, especially in sectors like housing, MSMEs, and consumer lending, which are highly sensitive to interest rate movements.
2. Amit Shah began a 3-day visit to which state?
Answer : Gujarat
RBI Cuts Repo Rate by 25 Basis Points: Key Implications
The Reserve Bank of India (RBI) has announced a 25 basis point (bps) reduction in the repo rate, marking a significant move aimed at boosting economic activity. With this cut, the central bank intends to make borrowing more affordable for banks, which in turn can extend credit to businesses and consumers at lower interest rates.
This monetary policy adjustment reflects the RBI’s confidence in the current inflation trend and its effort to support growth without compromising financial stability. A repo rate cut of 25 bps typically encourages investment, eases loan EMIs, and improves liquidity across the banking system. Analysts note that such a calibrated reduction helps maintain balance between controlling inflation and stimulating economic momentum.
Economists will closely watch how the rate cut influences market behaviour, especially in sectors like housing, MSMEs, and consumer lending, which are highly sensitive to interest rate movements.
3. RBI revised India’s GDP growth estimate to what?
Answer : 7.3%
RBI Revises India’s GDP Growth Estimate to 7.3%
The Reserve Bank of India (RBI) has revised India’s GDP growth forecast to 7.3%, reflecting stronger-than-expected economic momentum. The upward revision is supported by robust domestic demand, sustained investment activity, and stable macroeconomic indicators. RBI noted that improved manufacturing performance, resilient services, and healthy credit growth have contributed to the positive outlook.
The revised estimate signals confidence in India’s economic trajectory, even as global uncertainties persist. Policymakers will continue monitoring inflation trends and external risks to ensure balanced growth in the coming quarters.
4. Passport verification facility was launched on which platform?
Answer : DigiLocker
Passport Verification Facility Launched on DigiLocker
The Government of India has introduced a passport verification facility on the DigiLocker platform, making the verification process faster, more secure, and fully digital. This integration allows users to submit and authenticate required identity documents directly through DigiLocker, reducing manual paperwork and speeding up the overall passport application and renewal process.
By leveraging DigiLocker’s secure cloud-based document storage system, the initiative aims to enhance transparency, minimize errors, and improve user convenience. The digital verification system is expected to significantly streamline service delivery for millions of applicants across the country.
5. Where was the India campus of Victoria University inaugurated?
Answer : Gurugram
India Campus of Victoria University Inaugurated in Gurugram
Victoria University has officially inaugurated its India campus in Gurugram, marking a major step in expanding global higher education opportunities within the country. The new campus aims to provide industry-focused, internationally aligned academic programs, offering students access to global standards of learning without the need to study abroad.
The Gurugram campus will host a range of undergraduate and postgraduate courses, emphasizing skill development, research collaboration, and real-world industry exposure. This initiative strengthens India’s position as a growing hub for international education partnerships and enhances academic mobility for Indian students.
6. Which facility did SEBI launch for low-risk foreign investors?
Answer : Single-Window Access
SEBI Launches Single-Window Access for Low-Risk Foreign Investors
The Securities and Exchange Board of India (SEBI) has introduced a Single-Window Access facility designed specifically for low-risk foreign investors. This streamlined system aims to simplify and expedite the registration and compliance process for such investors entering the Indian markets.
The new facility integrates multiple regulatory touchpoints into a unified interface, reducing paperwork and enabling quicker approvals. By enhancing transparency and ease of access, SEBI intends to attract more stable, long-term foreign investments and strengthen India’s capital market ecosystem.
7. Whose 70th Mahaparinirvan Diwas was observed on 6 December 2025?
Answer : Dr. B. R. Ambedkar
India Observes 70th Mahaparinirvan Diwas of Dr. B. R. Ambedkar
India commemorated the 70th Mahaparinirvan Diwas of Dr. B. R. Ambedkar on 6 December 2025, honouring one of the nation’s most influential leaders and the chief architect of the Indian Constitution. The day is observed annually to reflect upon Ambedkar’s monumental contributions to social equality, human rights, and nation-building.
Across the country, tributes were paid at memorials, educational institutions, and government offices. Discussions and lectures highlighted his persistent fight against social discrimination and his efforts to build an inclusive democratic framework. Senior leaders and citizens gathered at Chaitya Bhoomi in Mumbai, one of the key sites associated with Ambedkar’s legacy.
The observance underscores his enduring impact on India’s socio-political landscape and serves as a reminder of the values of justice, liberty, and equality that he championed throughout his life.