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Daily Current Affairs
13 December, 2025
1. India’s resolution on “Strengthening the Global Management of Wildfires” was adopted at which international forum?
A. UNFCCC COP-28
B. World Economic Forum
C. United Nations Environment Assembly (UNEA-7)
D. G20 Environment Ministers’ Meeting
E. Intergovernmental Panel on Climate Change
Answer: C. United Nations Environment Assembly (UNEA-7)
Explanation: The resolution was adopted at the 7th Session of the United Nations Environment Assembly (UNEA-7) held in Nairobi, Kenya.
2. According to UNEP’s “Spreading Like Wildfire” report, global wildfires are projected to increase by how much by the year 2050?
A. 10%
B. 14%
C. 25%
D. 30%
E. 50%
Answer: D. 30%
Explanation: UNEP projects a 14% rise by 2030, 30% by 2050, and 50% by 2100, highlighting wildfires as a long-term climate risk.
3. Which of the following is a key objective of India’s nuclear sector reforms approved by the Union Cabinet?
A. Complete privatization of nuclear fuel
B. Ending state monopoly in civil nuclear power
C. Withdrawal from international nuclear agreements
D. Phasing out nuclear energy
E. Nationalization of private power plants
Answer: B. Ending state monopoly in civil nuclear power
Explanation: The reforms aim to allow private sector participation, rationalize liability norms, and attract investment in civil nuclear power.
4. DSC A20, recently commissioned by the Indian Navy, is primarily designed for:
A. Anti-submarine warfare
B. Missile testing
C. Amphibious assault operations
D. Underwater diving and salvage operations
E. Long-range naval patrol
Answer: D. Underwater diving and salvage operations
Explanation: DSC A20 is a purpose-built Diving Support Craft meant for underwater inspection, repair, and salvage in coastal waters.
5. The Foreign Exchange Management Act (FEMA) came into force in India in:
A. 1995
B. 1997
C. 1999
D. 2000
E. 2002
Answer: D. 2000
Explanation: FEMA was enacted in 1999 and came into force on 1 June 2000, replacing the more restrictive FERA, 1973.
6. Under FEMA, transactions related to acquisition of immovable property abroad fall under which category?
A. Trade Account Transactions
B. Current Account Transactions
C. Capital Account Transactions
D. Contingent Transactions
E. Revenue Transactions
Answer: C. Capital Account Transactions
Explanation: Capital account transactions involve creation of assets or liabilities, such as foreign property, FDI, and ECBs.
7. SEBI has mandated Market Infrastructure Institutions (MIIs) to appoint how many Executive Directors?
A. One
B. Two
C. Three
D. Four
E. Five
Answer: B. Two
Explanation: SEBI requires MIIs to appoint two full-time EDs—one for critical operations and one for regulatory, compliance, and risk functions.
8. The Insurance Laws (Amendment) Bill, 2025 proposes to increase the FDI limit in insurance companies to:
A. 49%
B. 51%
C. 74%
D. 90%
E. 100%
Answer: E. 100%
Explanation: The Bill allows full foreign ownership in insurance companies to attract global capital and modernize the sector.
9. Copra is best described as:
A. Fresh coconut water
B. Coconut husk used for coir
C. Dried kernel of mature coconuts
D. Coconut oil cake
E. Tender coconut pulp
Answer: C. Dried kernel of mature coconuts
Explanation: Copra is the dried white meat of mature coconuts, obtained through sun-drying or artificial drying methods.
10. The Minimum Support Price (MSP) for copra is recommended by which body?
A. NITI Aayog
B. Reserve Bank of India
C. Food Corporation of India
D. Commission for Agricultural Costs and Prices (CACP)
E. Ministry of Commerce
Answer: D. Commission for Agricultural Costs and Prices (CACP)
Explanation: MSP is recommended by CACP and approved by the Cabinet Committee on Economic Affairs (CCEA) to ensure farmer income stability.
