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Current Affairs One - Liner : 2nd July 2025

Published on July 02, 2025
National:
  • Suriname has officially become the first country in the Amazon region to be certified malaria-free by the World Health Organization (WHO) as of June 30, 2025. This achievement marks the culmination of nearly 70 years of sustained efforts to eliminate the disease across its rainforests and remote communities.
Current Affairs One - Liner : 2nd July 2025
  • Jumbotail became India’s 5th unicorn of 2025 after raising $120 million in a Series D round led by SC Ventures. The B2B food and grocery platform now serves over 500,000 kirana stores across 400+ cities. Funds will boost AI-driven solutions, expand product offerings, and enhance MSME credit services.
  • Goa launched the Raj Bhavan Annadhan Scheme on June 29, 2025, funded by Governor Pillai's book royalties. It aids poor patients with ₹25,000 each for cancer and dialysis care. ₹1.2 lakh was donated to Goa Street Providence for hunger relief. The scheme showcases how literary earnings can power grassroots welfare.
  • On July 1, 2025, the Cabinet approved a ₹1,853 crore upgrade of NH-87 (Paramakudi–Ramanathapuram) to a 4-lane highway. It forms part of the Madurai–Dhanushkodi corridor, enhancing safety, tourism, and trade in Tamil Nadu. The project spans 46.7 km and will be built under the Hybrid Annuity Mode (HAM).
  • Launched on June 30, 2025, by the Ministry of Information & Broadcasting under the WaveX Accelerator. Focuses on AI-powered real-time translation, voice localization, and multilingual tech for Bharat. The theme is “BhashaSetu – Real-Time Language Tech for Bharat”.
Banking:
  • Slice has launched a UPI-linked credit card with no fees and up to 3% cashback, allowing instant QR-based payments and easy EMIs. It also unveiled India’s first UPI-powered bank branch in Bengaluru, offering cash deposits, withdrawals, and digital onboarding.
  • On June 30, 2025, the RBI reported a $105.4 billion surge in India’s overseas financial assets for FY 2024–25. Over 72% of this growth came from direct investments, currency & deposits, and reserve assets (54% share). Net claims of non-residents fell by $31.2 billion, strengthening India’s external position. The asset-to-liability ratio improved to 77.5%, reflecting a healthier international balance sheet.
Defence:
  • On July 1, 2025, the Indian Navy received Yard 12652, INS Udaygiri, from Mazagon Dock Shipbuilders in Mumbai. It is the second stealth frigate under Project 17A, featuring advanced weaponry like supersonic missiles and SAMs.
  • On June 30, 2025, DRDO unveiled India’s first indigenous Photonic Radar in Bengaluru. It uses light-based tech to detect stealth and hypersonic threats with high precision. Compact, jam-resistant, and fits on platforms like Rafale, Su-30 MKI, and Tejas. Marks a major leap in Aatmanirbhar Bharat's defence innovation drive.
Important Days:
  • World UFO Day 2025 was observed on July 2 to honor the 1947 Roswell Incident and promote awareness of unidentified aerial phenomena (UAPs). The theme “Searching the Skies, Questioning the Silence” called for curiosity and transparency about extraterrestrial life and government disclosures.
  • India celebrated GST Day on July 1, 2025, marking 8 years since the tax’s implementation. The theme, “GST – Simplifying Taxes: Empowering Citizens,” highlighted ease and inclusion. GST unified 17 taxes and 13 cesses, boosting trade and transparency. FY25 saw record collections of ₹22.08 lakh crore and 1.51 crore+ active taxpayers.
Appointments:
  • The Appointments Committee of the Cabinet (ACC) extended the tenure of FSIB Chairperson Bhanu Pratap Sharma and its part-time members by one year, until June 30, 2026. FSIB, the successor to the Banks Board Bureau, oversees top-level appointments in public sector banks and insurers. The extension includes members like Animesh Chauhan, Usha Sangwan, and Deepak Singhal.
  • On July 1, 2025, Air Marshal Sreedhara Sivakumar, VSM took charge as the Air Officer-in-Charge Administration (AOA) at Air Headquarters, New Delhi. Commissioned in June 1990, he has over 35 years of service in key administrative and operational roles.
  • On July 1, 2025, Sunil Jayawant Kadam was appointed as Executive Director at the Securities and Exchange Board of India (SEBI). He will oversee key departments including IT, Investor Education, Economic Policy, and NISM-related matters. Kadam has been with SEBI since 1996, serving in roles across market regulation, surveillance, and investigations.
  • On July 2, 2025, Sudhanshu Mittal was re-elected as the President of the Kho Kho Federation of India (KKFI) for a third consecutive term. Upkar Singh Virk was elected as the new General Secretary, and Govind Sharma as the Treasurer. The elections were held in New Delhi under the supervision of Dr. Kamini Lau, District Judge (Retd.).
Awards & Honours:
  • On July 2, 2025, PM Narendra Modi was conferred Ghana’s highest civilian honour, Officer of the Order of the Star of Ghana. The award was presented by President John Dramani Mahama for Modi’s global leadership and statesmanship. Modi dedicated the honour to India’s 140 crore citizens, especially the youth, and India-Ghana friendship.

Questions:

Q.1 Which fintech company recently launched India’s first UPI-powered bank branch?
a) Paytm
b) PhonePe
c) Slice
d) Jupiter

Answer: c) Slice launched a UPI-linked credit card and India’s first UPI-powered bank branch offering cash deposits, withdrawals, and onboarding.

Q.2 Who was appointed as Executive Director at SEBI on July 1, 2025?
a) Ashish Chauhan
b) S.K. Mohanty
c) Madhabi Puri Buch
d) Sunil Jayawant Kadam

Answer: d) On July 1, 2025, Sunil Jayawant Kadam was appointed as Executive Director at the Securities and Exchange Board of India (SEBI).
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