Today Current Affairs and G.K 26/07/2025
1, According to Morgan Stanley, by which year will India become the world’s third-largest economy?
Answer : 2028
According to Morgan Stanley, India is projected to become the world’s third‑largest economy by 2028, with its GDP expected to reach around USD 5.7 trillion, thereby surpassing Germany and Japan
2, Which state launched the CM-Flight scheme to train youth in foreign languages?
Answer : Assam
The CM‑FLIGHT scheme—short for Chief Minister’s Foreign Language Initiative for Global Human Talent—was launched by the Government of Assam.
It was approved by the Assam cabinet under Chief Minister Himanta Biswa Sarma in July 2025 to provide Japanese language training (up to JLPT N2) to Assamese youth and facilitate overseas employment in Japan.
3, What is India’s rank in the Henley Passport Index 2025?
Answer : 77th
As of the July 2025 edition, India’s passport is ranked 77th globally on the Henley Passport Index, marking a significant ascent from 85th earlier in the year. Indian passport holders now enjoy visa-free or visa-on-arrival access to 59 countries—the largest jump India has recorded in the history of the index.
4, Which country launched the AI action plan titled ‘Winning the Race’?
Answer : USA
It was the United States, under President Donald Trump, which released the AI Action Plan titled “Winning the Race: America’s AI Action Plan” in July 2025.
Overview of the Plan:
• The administration unveiled this 28-page strategic roadmap on July 23, 2025, structured around three pillars:
1, Accelerating Innovation by removing regulatory barriers,
2, Building American AI Infrastructure, including data centers and chip fabs, and
3,Leading in International AI Diplomacy and Security
It includes over 90 proposed federal actions, such as streamlining environmental permitting, promoting AI exports, and restricting federal contracts to systems deemed ideologically neutral.
5, India recently signed a Free Trade Agreement with which country?
Answer : United Kingdom
India recently signed a Free Trade Agreement with the United Kingdom.
Specifically, the deal—known as the Comprehensive Economic and Trade Agreement (CETA)—was formalized on 24 July 2025, during the visit of Prime Minister Narendra Modi to the UK, with Britain’s Prime Minister Keir Starmer present at the signing ceremony.
6, Scientists from which country have developed a technique to convert CO2 into food?
Answer : China
Scientists from China have developed a pioneering technique to convert CO₂ into nutritious food. Researchers at Xi’an Jiaotong University and the Tianjin Institute of Industrial Biotechnology, part of the Chinese Academy of Sciences, engineered a dual-reactor bioprocess that transforms CO₂ and electricity into single-cell protein (SCP) with a protein content of approximately 74%, outperforming traditional sources like soybean meal and fish protein.
7, Which country will chair BRICS in 2026?
Answer: India
India will assume the BRICS Chairmanship in 2026 and host the 18th BRICS Summit that year, following unanimous endorsement from all member states at the conclusion of the 17th BRICS Summit in Rio de Janeiro.
8, Which country is seeking $500 million in foreign loans after a budget deadlock?
Answer: South Africa
The country in question is South Africa. Following the resolution of a prolonged budget deadlock, the National Treasury of South Africa has initiated a call to raise at least US $500 million in foreign‑currency funding to support the 2025/26 fiscal year. This funding request comes right after Parliament passed the Appropriation Bill on July 23, 2025, ending months of political stalemate. The Treasury is actively seeking innovative instruments—including ESG-linked loans—and expects funding proposals by August 6, with decisions by August 29.