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Daily Quiz: 20 June 2025

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1. What mechanism will be used to allocate incentives for rare earth minerals and magnets in India?

A. First-come-first-served
B. Reverse auction
C. Direct subsidy
D. Fixed tariff
E. Tender bidding

Answer: B. Reverse auction

Explanation: The ₹3,500–5,000 cr incentive scheme uses a reverse-auction model to ensure competitive pricing and efficient allocation.

2. In Madhya Pradesh HC’s ruling on WhatsApp chats, which right is considered subject to reasonable curbs?

A. Right to free speech
B. Right to privacy
C. Right to property
D. Right to religion
E. Right to education

Answer: B. Right to privacy

Explanation: The court held that while privacy is fundamental under Article 21, it can be limited by the need for a fair trial.

3. What score did Chandigarh secure in the PGI 2.0 report, placing it in ‘Prachesta-1’?

A. 650
B. 703
C. 803
D. 917
E. 420

Answer: B. 703

Explanation: Chandigarh scored 703, earning placement in the ‘Prachesta-1’ band (701–760 points) of school education performance.

4. FASTag-Based annual pass, effective from August 15, 2025, offers ₹3,000 prepaid value for:

A. 6 months or 100 trips
B. 1 year or 200 trips
C. 2 years no limit
D. 3 months or 50 trips
E. 1 year unlimited

Answer: B. 1 year or 200 trips

Explanation: The annual FASTag pass is valid for 1 year or 200 national highway trips, whichever occurs first.

5. Under the RBI’s eased project finance norms (from Oct 2025), what is the provisioning rate for non-CRE projects during construction?

A. 5%
B. 2.5%
C. 1%
D. 0.5%
E. Nil

Answer: C. 1%

Explanation: New guidelines set the general provisioning requirement for construction-phase project loans (excluding CRE) at 1%, down from proposed 5%.

6. According to UNCTAD 2025, what was India’s FDI inflow in 2024?

A. $15 billion
B. $28 billion
C. $40 billion
D. $75 billion
E. $100 billion

Answer: B. $28 billion

Explanation: India received $28 billion in FDI in 2024, unchanged from 2023, despite a global 11% decline.

7. What is SEBI’s objective behind unbundling trading and clearing fees?

A. Increase revenue
B. Promote self-sufficiency and transparency
C. Merge CCs with exchanges
D. Reduce CC regulatory oversight
E. Delay fee payments

Answer: B. Promote self-sufficiency and transparency

Explanation: SEBI aims to clearly disclose costs and enhance independent governance of clearing corporations.

8. In Q4 FY25, sales of listed private non-financial firms grew by:

A. 5.0%
B. 6.9%
C. 7.1%
D. 8.6%
E. 10.0%

Answer: C. 7.1%

Explanation: Based on RBI data, sales growth for these firms was 7.1% in Q4 FY25, slightly down from 8% in Q3.

9. Under the agri-drones scheme, what coverage advantage do drones offer?

A. 2x manual speed
B. Equal coverage
C. 10x manual speed
D. Slower coverage
E. No difference

Answer: C. 10x manual speed

Explanation: Agricultural drones can cover spraying tasks roughly 10 times faster than manual methods.

10. The Assam solar pump project installed how many 2HP submersible solar pumps?

A. 1
B. 2
C. 3
D. 5
E. 10

Answer: B. 2

Explanation: The initiative installed two 2HP solar pumps along with three 1HP pumps, supporting irrigation and livelihood diversification.

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