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Daily Current Affairs
15 April, 2026
1. According to the UNDP report, what is the projected poverty rate in India under the severe conflict scenario?
A) 22.5%
B) 23.0%
C) 23.9%
D) 24.2%
E) 25.5%
Answer: D) 24.2%
Explanation: The UNDP report estimates that under a severe 28-day conflict scenario, India’s poverty rate could rise from 23.9% to 24.2%.
2. Which critical maritime chokepoint disruption is expected to impact India’s trade and energy supply according to the report?
A) Strait of Malacca
B) Panama Canal
C) Suez Canal
D) Strait of Hormuz
E) Bosphorus Strait
Answer: D) Strait of Hormuz
Explanation: The Strait of Hormuz is a key route for global oil supply, and disruptions here significantly impact India’s energy imports and trade logistics.
3. The Amaravati Quantum Reference Facilities (AQRF) aim to promote which strategic capability in India?
A) Software outsourcing
B) Agricultural mechanization
C) Sovereign hardware development
D) Tourism infrastructure
E) Textile exports
Answer: C) Sovereign hardware development
Explanation: AQRF focuses on making India self-reliant in quantum hardware by developing domestic supply chains and providing open access to critical components.
4. Dr. B.R. Ambedkar described which Article as the “Heart and Soul” of the Indian Constitution?
A) Article 14
B) Article 17
C) Article 19
D) Article 21
E) Article 32
Answer: E) Article 32
Explanation: Article 32 ensures the enforcement of Fundamental Rights through judicial remedies, making it central to constitutional protection.
5. Under Startup India Fund of Funds 2.0, the government invests primarily in:
A) Individual startups directly
B) Public sector enterprises
C) SEBI-registered AIFs
D) Foreign venture capital firms
E) State governments
Answer: C) SEBI-registered AIFs
Explanation: The FoF model channels funds through Alternative Investment Funds (AIFs), which then invest in startups, leveraging additional private capital.
6. What was the key reason for IMF upgrading India’s FY27 growth forecast?
A) Increase in oil production
B) Reduction in US tariffs on Indian goods
C) Rise in population
D) Decrease in imports
E) Increase in subsidies
Answer: B) Reduction in US tariffs on Indian goods
Explanation: The IMF upgrade was driven by a sharp reduction in US tariffs (from 50% to 10%), boosting India’s export competitiveness.
7. The upgrade of Shriram Finance to ‘BBB-’ by Fitch signifies:
A) High risk investment
B) Default status
C) Investment grade rating
D) Government ownership
E) Loss-making entity
Answer: C) Investment grade rating
Explanation: Moving from BB+ to BBB- shifts the company from speculative (junk) grade to investment grade, improving borrowing capacity.
8. Under RBI’s Utkarsh 2029 strategy, the Unified Lending Interface (ULI) aims to:
A) Replace UPI
B) Improve stock trading
C) Streamline digital credit access
D) Control inflation
E) Manage currency printing
Answer: C) Streamline digital credit access
Explanation: ULI is designed to provide seamless data flow for faster credit appraisal, especially benefiting farmers and small borrowers.
9. The new digital fertilizer tracking system primarily aims to:
A) Increase fertilizer prices
B) Boost exports
C) Prevent diversion and misuse of subsidized fertilizers
D) Reduce crop production
E) Promote organic farming only
Answer: C) Prevent diversion and misuse of subsidized fertilizers
Explanation: The system uses digital tracking and authentication to ensure fertilizers reach genuine farmers and reduce subsidy leakage.
10. What is the primary method proposed for verifying farmers in the digital fertilizer system?
A) PAN card
B) Passport
C) Aadhaar-based biometric or OTP
D) Driving license
E) Bank passbook
Answer: C) Aadhaar-based biometric or OTP
Explanation: The system uses Aadhaar-based authentication to ensure only genuine farmers can purchase fertilizers, improving transparency.
