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Daily Current Affairs
3 & 4 August, 2025
1. Which engine will power the upgraded LVM3 rocket set to launch by 2027?
A. Vikas 2.0
B. SE2000
C. CE-20
D. PSLV-HX
E. SE-4000
Answer: B. SE2000
Explanation: The upgraded LVM3 will use the SE2000 semi-cryogenic engine, delivering 200 tonnes of thrust using RP-1 (refined kerosene) and liquid oxygen (LOX), replacing the current L110 stage.
2. What is the main purpose of the National Child Survey under Mission Vatsalya?
A. Develop child-friendly educational tools
B. Promote digital education in villages
C. Create a Child Index to guide welfare policies
D. Increase sports infrastructure for children
E. Implement AI-driven education
Answer: C. Create a Child Index to guide welfare policies
Explanation: The survey, conducted by MoSPI and MoWCD, aims to identify children in need and in conflict with the law, forming a Child Index to strengthen evidence-based child welfare policies under Mission Vatsalya.
3. What does India’s new Climate Finance Taxonomy aim to prevent?
A. Overregulation of MSMEs
B. Delays in renewable projects
C. Greenwashing
D. Currency fluctuations
E. Import dependency on solar panels
Answer: C. Greenwashing
Explanation: The taxonomy includes strong eligibility standards and verification criteria to prevent greenwashing, ensuring that climate-labeled investments are genuinely climate-aligned.
4. What is a core feature of the Mission Vatsalya Portal?
A. Online education for tribal children
B. Merging of all health schemes
C. Real-time digital tracking of child welfare cases
D. Free mobile devices for child laborers
E. Automation of school admissions
Answer: C. Real-time digital tracking of child welfare cases
Explanation: The portal integrates services like Khoya-Paya and TrackChild, allowing multi-stakeholder access and real-time case monitoring, improving coordination and implementation of child protection schemes.
5. What kind of mutual fund products will Choice AMC first offer after SEBI’s approval?
A. Hybrid schemes
B. Thematic funds
C. Index funds and ETFs
D. Corporate bond funds
E. Sovereign gold bonds
Answer: C. Index funds and ETFs
Explanation: Choice AMC plans a phased rollout starting with passive investment products like index funds and exchange-traded funds to ensure affordable and diversified retail access.
6. What investment strategy will Quant Mutual Fund’s new SIF primarily use?
A. Commodity hedging
B. Arbitrage strategy
C. Long-short equity and debt strategy
D. Real estate leasing
E. Fixed maturity investments
Answer: C. Long-short equity and debt strategy
Explanation: The new QSIF Equity Long-Short Fund will follow a strategy of taking long positions in rising assets and short positions in falling ones, offering risk-adjusted returns.
7. Why did RBI approve the merger of New India Co-operative Bank with Saraswat Bank?
A. To launch a new digital currency
B. To reduce operating expenses
C. To resolve fraud and stabilize operations
D. To enable new product launches
E. To expand into international markets
Answer: C. To resolve fraud and stabilize operations
Explanation: The fraud-hit New India Co-operative Bank faced a â‚ą122 crore scam. RBI allowed the voluntary merger with Saraswat Bank to protect depositors and stabilize operations.
8. What unique feature has India Post Payments Bank introduced for digital banking?
A. AI-based fraud detection
B. Blockchain-powered savings accounts
C. Aadhaar-based face authentication
D. UPI Voice Payments
E. Facial payment cards
Answer: C. Aadhaar-based face authentication
Explanation: IPPB launched India’s first large-scale facial authentication banking feature using Aadhaar’s facial recognition, enhancing inclusion and accessibility.
9. What deficiency are the newly introduced bio-fortified potatoes intended to combat?
A. Vitamin D
B. Protein
C. Iron
D. Calcium
E. Omega-3
Answer: C. Iron
Explanation: These bio-fortified potatoes are enriched with iron to help tackle iron deficiency and related anemia, especially in vulnerable populations.
10. How are agri-influencers primarily contributing to rural India’s development?
A. Developing smart farming tools
B. Offering private loans to farmers
C. Providing peer-to-peer agricultural education
D. Replacing local governance
E. Training youth in IT sectors
Answer: C. Providing peer-to-peer agricultural education
Explanation: Agri-influencers share farming techniques and practices through digital content in local languages, transforming public perception and fostering grassroots education.
