Got Questions? We’ve Got Answers!📚 Whether it’s about exams, career advice, or daily doubts, don’t hesitate—ask away!💡 Daily Current Affairs Quiz | Daily Quiz for UPSC💡 Your Learning Partner Is Just a Click Away!👉 Click here to Ask Your Question Now and get clear, reliable answers from experts. Daily Current Affairs28 February, 2025 1. Why are banks adopting a conservative approach towards lending to NBFCs? A) Due to increasing asset stress in NBFCs and MFIsB) To encourage more unsecured loansC) To reduce competition in the lending sectorD) Because the RBI has increased lending limitsE) To boost the stock market 2. What is the main reason behind the Centre’s proposal to cut states’ tax share from 41% to 40%? A) To reduce the fiscal deficitB) To generate ₹350 billion for central government useC) To promote financial independence of statesD) To compensate for low GST collectionsE) To implement welfare schemes more effectively 3. What is the main concern of southern states regarding the upcoming delimitation process in India? A) Reduction in Lok Sabha seats due to lower population growthB) Unequal representation in the Rajya SabhaC) Decreasing state revenuesD) Increased taxation on southern statesE) Reservation of seats for backward classes 4. Why does the IMF recommend India to bring down its fiscal deficit to 3% of GDP? A) To encourage foreign investmentB) To align with global fiscal discipline standardsC) To ensure better financial stability and debt controlD) To reduce dependence on international loansE) All of the above 5. What is the goal of India’s debt strategy as per government policy? A) To lower debt-to-GDP ratio to 50% by FY31B) To increase tax rates to repay loans fasterC) To borrow more from foreign investorsD) To stop taking loans from international organizationsE) To privatize public sector banks 6. What is the key issue in India-EU relations? A) EU’s trade deficit with IndiaB) Concerns over human rights and freedom of speech in IndiaC) India’s refusal to join EU-led military alliancesD) Visa restrictions on Indian studentsE) Disputes over food export policies 7. What is a major consequence of Trump’s proposed 25% tariff on EU imports? A) The EU will offer tax exemptions to US companiesB) US exports will increaseC) The EU is likely to impose retaliatory tariffsD) The US will sign a new trade deal with the EUE) US consumers will benefit from lower prices 8. What is a key feature of Trump’s ‘Gold Card’ immigration plan? A) Offers green card privileges for $5 millionB) Grants automatic U.S. citizenshipC) Eliminates the need for work visasD) Focuses only on family-based immigrationE) Provides free education to immigrants 9. Why are EPFO subscribers demanding a higher interest rate on their Provident Fund (PF) accounts? A) Due to rising inflation affecting savings returnsB) Because the government is reducing corporate tax ratesC) As part of a new government schemeD) To increase pension benefits for government employeesE) To match global pension fund returns 10. Why has Russia ruled out negotiations on annexed Ukrainian regions? A) Russia considers them permanently part of its territoryB) Ukraine has agreed to Russia’s control over themC) The UN has recognized Russia’s claimD) NATO has withdrawn its support for UkraineE) Russia plans to return them in exchange for sanctions relief

Got Questions? We’ve Got Answers!📚 Whether it’s about exams, career advice, or daily doubts, don’t hesitate—ask away!💡 Daily Current Affairs Quiz | Daily Quiz for UPSC💡 Your Learning Partner Is Just a Click Away!👉 Click here to Ask Your Question Now and get clear, reliable answers from experts. Daily Current Affairs27 February, 2025 1. What is a key provision of the U.S.-Ukraine Economic Deal? A) U.S. commitment to send 10,000 troops to UkraineB) Ukraine to supply rare earth minerals to the U.S.C) Ukraine’s inclusion in NATO immediatelyD) U.S. to write off all Ukrainian debtE) Russia’s recognition of Ukraine’s sovereignty 2. Why is the EU-India delegation significant? A) It marks the EU’s largest trade delegation to IndiaB) It focuses solely on military cooperationC) It aims to pressure India into stopping oil imports from RussiaD) It excludes discussions on trade and investmentE) It is an initiative for India to join the European Union 3. What is the Carbon-Border Adjustment Mechanism (CBAM) introduced by the EU? A) A tax on carbon-intensive importsB) A subsidy for companies reducing carbon emissionsC) A ban on non-EU carbon-based goodsD) A financial incentive for green technology startupsE) A trade agreement between India and the EU 4. What is a potential concern regarding Trump’s ‘Gold Card’ Visa proposal? A) It might encourage illegal immigrationB) It allows automatic U.S. citizenshipC) It could benefit Russian oligarchsD) It restricts U.S. investors from investing abroadE) It bans immigrants from certain countries 5. What is a major issue with maternity benefits in India under PMMVY? A) Benefits are outdated and not inflation-adjustedB) Maternity leave is completely absentC) Only private-sector employees receive benefitsD) The program has been canceledE) The scheme is only applicable in urban areas 6. What environmental impact is associated with coal power plants in India? A) Increased oxygen levels in rural areasB) Decrease in air pollution due to advanced technologyC) Reduced crop yields due to nitrogen dioxide emissionsD) Positive effects on forest conservationE) Improvement in underground water quality 7. Why did RBI ease risk weight norms on bank loans to NBFCs? A) To restrict lending to NBFCsB) To reduce credit availabilityC) To increase liquidity and ease credit flowD) To impose higher capital requirements on banksE) To encourage mergers between banks and NBFCs 8. What is a key objective of UK-India trade agreements? A) Reducing student visa approvalsB) Strengthening technology and life sciences investmentsC) Eliminating tariffs on all UK exportsD) Limiting Indian businesses from operating in the UKE) Preventing India from signing trade deals with other countries 9. What is a major concern related to ethanol blending in India? A) It reduces air pollutionB) It creates an oversupply of ethanolC) It depletes water resources and causes pollutionD) It leads to higher petrol pricesE) It eliminates the need for fossil fuels entirely 10. How has Microsoft’s ‘Project Farm Vibes’ impacted agriculture in India? A) Reduced crop yields by 40%B) Increased fertilizer usage by 50%C) Improved crop yield by 40% while reducing water and fertilizer useD) Eliminated the need for manual farmingE) Stopped agricultural pollution completely

Got Questions? We’ve Got Answers!📚 Whether it’s about exams, career advice, or daily doubts, don’t hesitate—ask away!💡 Daily Current Affairs Quiz | Daily Quiz for UPSC💡 Your Learning Partner Is Just a Click Away!👉 Click here to Ask Your Question Now and get clear, reliable answers from experts. Daily Current Affairs26 February, 2025 1. What is a key demand from the European Union (EU) in the India-EU Free Trade Agreement (FTA) negotiations? A) Lower tariffs on Indian textilesB) Tariff reductions on cars, wines, and spiritsC) More export subsidies for Indian farmersD) Exclusive trade rights for European companiesE) Increased restrictions on pharmaceutical imports 2. Why has India recorded the highest number of internet shutdowns globally? A) Cybersecurity threats from ChinaB) Government-imposed restrictions during protests and communal violenceC) Overloaded internet infrastructureD) High internet costs leading to service suspensionsE) Election-related cybercrime prevention 3. What is a major environmental concern related to AI growth? A) Excessive water consumption in AI research labsB) High energy consumption from data centersC) Increased plastic waste from AI-powered devicesD) Depletion of rare metals due to AI chip productionE) Rising CO₂ emissions from AI-powered transportation 4. What is the significance of Ultra Conserved Elements (UCEs) in genetics? A) They regulate protein production and impact evolutionary stabilityB) They are junk DNA with no known functionC) They are responsible for faster aging in humansD) They cause mutations that increase intelligenceE) They help in the production of white blood cells 5. Why is the Indian government planning to reduce its stake in five public sector banks (PSBs)? A) To privatize these banks completelyB) To comply with SEBI’s 25% minimum public shareholding (MPS) normC) To merge them into a single national bankD) To reduce the number of banks in IndiaE) To increase foreign investment in public banks 6. What was the reason for RBI reversing its decision to increase risk weights on NBFC loans? A) Strong opposition from private banksB) Declining credit growth and slower bank lending to NBFCsC) Increased foreign direct investment in NBFCsD) High profits in the NBFC sectorE) NBFCs requesting a bailout package from the government 7. Why are governance issues persisting in Urban Cooperative Banks (UCBs)? A) Lack of customer baseB) Political interference and weak internal controlsC) Inability to provide loansD) Excessive government regulationsE) Rapid adoption of new technologies 8. What is the purpose of SEBI tightening rules for equity and index derivatives? A) To encourage more retail investors in derivativesB) To increase speculation in the marketC) To reduce volatility and improve risk managementD) To make derivatives trading more complexE) To eliminate the use of stock market derivatives entirely 9. Why is Tata Capital planning a $1.7 billion IPO? A) To expand its manufacturing operationsB) To comply with RBI’s listing requirement for NBFCsC) To enter the international banking marketD) To acquire other financial companiesE) To diversify into the e-commerce sector 10. What has caused the recent depreciation of the Indian Rupee? A) Strong RBI intervention in the forex marketB) Higher foreign investments in IndiaC) Increased dollar demand from importers and RBI’s offshore settlementsD) Reduction in crude oil pricesE) Government policy to weaken the Rupee for trade benefits

Got Questions? We’ve Got Answers!📚 Whether it’s about exams, career advice, or daily doubts, don’t hesitate—ask away!💡 Daily Current Affairs Quiz | Daily Quiz for UPSC💡 Your Learning Partner Is Just a Click Away!👉 Click here to Ask Your Question Now and get clear, reliable answers from experts. Daily Current Affairs25 February, 2025 1. What is the key focus of the Ukraine-U.S. mineral agreement? A) U.S. military base in UkraineB) Ukraine supplying weapons to the U.S.C) U.S. gaining access to Ukraine’s natural resourcesD) NATO expansion in Eastern EuropeE) Establishing a joint security force 2. Who is expected to be Germany’s next Chancellor, shifting policies toward conservative governance? A) Olaf ScholzB) Friedrich MerzC) Angela MerkelD) Markus SöderE) Armin Laschet 3. What is the primary concern about the U.S. stock market as per recent trends? A) Rising influence of the energy sectorB) Overreliance on technology giantsC) Declining corporate profitsD) Complete withdrawal of foreign investmentsE) Deflationary pressure on consumer goods 4. Which agreement is India prioritizing in the ongoing trade negotiations with the U.K.? A) Bilateral Investment Treaty (BIT)B) Free Trade Agreement (FTA)C) Digital Taxation AgreementD) Social Security Agreement (SSA)E) Intellectual Property Rights Treaty 5. Why has the Right to Information (RTI) Act in India weakened? A) Increased public participation in governanceB) Enhanced transparency initiatives by the governmentC) Bureaucratic resistance and slow information commissionsD) Strict penalties for non-complianceE) Removal of exemptions in classified government data 6. What is a major criticism of India’s frequent internet shutdowns? A) They are primarily used to prevent cyberattacksB) They disrupt essential services and democratic rightsC) They only affect small, rural communitiesD) They have significantly reduced crime ratesE) They are limited to a few states with ongoing conflicts 7. When does India plan to start trading in carbon credits under its new carbon trading scheme? A) 2024B) 2025C) 2026D) 2027E) 2028 8. How will RBI’s ban on prepayment penalties affect Non-Banking Financial Companies (NBFCs)? A) NBFCs will increase focus on low-interest loansB) It will have no impact on NBFCsC) NBFCs may shift to high-yield loans or raise interest ratesD) NBFCs will be able to offer unlimited loansE) RBI will compensate NBFCs for their losses 9. What major development has occurred in India’s digital currency space? A) RBI has banned all digital rupee transactionsB) The e-Rupee wallet is launched by CRED & MobiKwikC) The government has replaced UPI with digital rupee transactionsD) Cryptocurrency exchanges are integrating with RBI’s digital rupeeE) Digital rupee transactions are limited to government agencies 10. Which countries are at high risk of U.S. trade retaliation under a potential Trump administration? A) China, Russia, and CanadaB) India, South Korea, and ThailandC) Brazil, Argentina, and MexicoD) Germany, France, and ItalyE) Australia, Japan, and the Philippines

Got Questions? We’ve Got Answers!📚 Whether it’s about exams, career advice, or daily doubts, don’t hesitate—ask away!💡 Daily Current Affairs Quiz | Daily Quiz for UPSC💡 Your Learning Partner Is Just a Click Away!👉 Click here to Ask Your Question Now and get clear, reliable answers from experts. Daily Current Affairs23 & 24 February, 2025 1. What is the primary objective of RBI’s recent $10 billion dollar-rupee swap auction? A) To increase foreign exchange reservesB) To stabilize the rupee and inject liquidity into banksC) To reduce inflation through rate hikesD) To attract foreign direct investment (FDI)E) To support digital banking initiatives 2. Which of the following initiatives is NOT part of IRDAI’s Bima Trinity? A) Bima SugamB) Bima VistaarC) Bima VahakD) Bima RakshaE) None of the above 3. What is a key concern regarding SEBI’s proposal to remove the 200-investor cap for angel funds? A) Increased risk of fraud and non-complianceB) Lower returns for investorsC) Reduced availability of venture capital for startupsD) Decline in stock market liquidityE) Restriction on foreign institutional investments 4. Which state has the lowest debt-to-GSDP ratio as per recent budget reports? A) RajasthanB) GujaratC) West BengalD) Uttar PradeshE) Maharashtra 5. Microsoft’s new quantum chip, “Majorana 1”, aims to accelerate advancements in which field? A) Artificial IntelligenceB) CybersecurityC) Quantum ComputingD) Blockchain TechnologyE) Medical Research 6. What is the main reason for gold outperforming other asset classes in 2024? A) Increased gold mining outputB) Weakening of the Indian rupeeC) High inflation and central banks increasing gold reservesD) Strong global equity market performanceE) Government incentives for gold investments 7. Why is Tamil Nadu opposing the three-language policy under NEP 2020? A) Preference for English as the sole medium of instructionB) Fear of Hindi imposition affecting regional language prominenceC) Resistance to teaching foreign languagesD) Insufficient resources to implement the policyE) Opposition to all educational reforms by the central government 8. What is a major challenge faced by Indian banks despite a decline in gross NPAs? A) Increased CASA deposit growthB) Rising interest incomeC) Declining CASA deposits and margin pressureD) Higher government subsidies for banking sectorE) Strong foreign investments in public sector banks 9. Why is India investing in submarine development under Projects 75 and 76? A) To enhance trade routes security in the Indian OceanB) To counter China’s growing naval presenceC) To boost the domestic shipbuilding industryD) To comply with UN maritime security regulationsE) To replace outdated warships with new aircraft carriers 10. What is a major criticism of India’s AI-based TB detection initiative? A) The government is not investing in AI researchB) The use of an unvalidated AI tool (DeepCXR) over globally recognized modelsC) TB cases in India are too low for AI to be effectiveD) AI is replacing doctors in diagnosis, causing unemploymentE) AI models are not capable of detecting TB accurately

Got Questions? We’ve Got Answers!📚 Whether it’s about exams, career advice, or daily doubts, don’t hesitate—ask away!💡 Daily Current Affairs Quiz | Daily Quiz for UPSC💡 Your Learning Partner Is Just a Click Away!👉 Click here to Ask Your Question Now and get clear, reliable answers from experts. Daily Current Affairs22 February, 2025 1. Where was the recent Brigade Commander-level flag meeting between India and Pakistan held? A) Wagah BorderB) Chakkan Da Bagh, PoonchC) Attari BorderD) Uri SectorE) Kartarpur Corridor 2. What is India’s preferred regional organization for cooperation instead of SAARC? A) ASEANB) SCOC) BIMSTECD) BRICSE) QUAD 3. Under which scheme is India focusing on mining critical minerals like lithium and nickel? A) Atmanirbhar Bharat AbhiyanB) National Mineral PolicyC) National Critical Mineral Mission (NCMM)D) Green Energy MissionE) Make in India 4. What is the target for India-U.S. bilateral trade by 2030? A) $100 billionB) $250 billionC) $500 billionD) $750 billionE) $1 trillion 5. Which broadcasting reform was recently introduced in India? A) Introduction of private FM radio channelsB) Set-top box interoperabilityC) 100% FDI in broadcastingD) Nationwide free DTH servicesE) New licensing for community radio 6. What is the provisioning requirement for banks under RBI’s new project financing norms? A) 2%B) 3%C) 5%D) 8%E) 10% 7. When will the RBI’s new bond forward guidelines become effective? A) January 1, 2025B) April 1, 2025C) May 2, 2025D) June 30, 2025E) December 31, 2025 8. Which of the following states saw an increase in unemployment according to the PLFS report? A) GujaratB) KeralaC) MaharashtraD) BiharE) Chhattisgarh 9. What is one of the main factors affecting foodgrain production in India? A) Only monsoon rainfallB) Climate change aloneC) Food prices, irrigation, and fertilizer availabilityD) Government subsidies onlyE) Only rural labor availability 10. What is a major benefit of urban farming? A) Increased transportation costsB) Higher pollution levelsC) Job creation and reduced food transportation costsD) Decline in environmental sustainabilityE) Reduced need for irrigation

Got Questions? We’ve Got Answers!📚 Whether it’s about exams, career advice, or daily doubts, don’t hesitate—ask away!💡 Daily Current Affairs Quiz | Daily Quiz for UPSC💡 Your Learning Partner Is Just a Click Away!👉 Click here to Ask Your Question Now and get clear, reliable answers from experts. Daily Current Affairs21 February, 2025 1. What was the primary reason behind the Reserve Bank of India’s (RBI) Open Market Operation (OMO) auction amidst liquidity shortages? A) To control inflationB) To inject durable liquidity into the banking systemC) To increase foreign exchange reservesD) To restrict excess cash flow in the economyE) To decrease interest rates 2. What is the maximum withdrawal limit set by RBI for New India Co-op Bank depositors under special conditions? A) ₹1 lakhB) ₹2 lakhC) ₹3 lakhD) ₹5 lakhE) ₹10 lakh 3. What is the key objective of SEBI’s proposal for fast-track Follow-on Public Offers (FPOs) for REITs and InvITs? A) To increase the lock-in period for investorsB) To impose additional taxes on REITs and InvITsC) To simplify and speed up the fundraising processD) To increase government intervention in real estate investmentsE) To prevent REITs and InvITs from raising further funds 4. How does a Follow-on Public Offer (FPO) differ from an Initial Public Offering (IPO)? A) FPO is issued by a company already listed on the stock exchange, whereas IPO is for new listingsB) FPO is used only for debt reduction, while IPO is for business expansionC) IPO is restricted to institutional investors, while FPO is for retail investors onlyD) FPO does not involve share dilution, whereas IPO doesE) IPO is a government-mandated process, while FPO is voluntary 5. What is the major driver of economic growth in India compared to China? A) India relies more on investment, whereas China depends on consumptionB) India relies on consumption, whereas China focuses on investmentC) Both countries depend on export-driven growthD) India and China have identical economic growth modelsE) China’s economy is purely state-controlled, while India follows a capitalist model 6. Which of the following measures is NOT typically used by RBI to manage liquidity in the banking system? A) Open Market Operations (OMOs)B) Cash Reserve Ratio (CRR) adjustmentsC) Variable Rate Repo (VRR) auctionsD) Fiscal policy changesE) Foreign exchange buy-sell swaps 7. What was a key reason for Microsoft’s launch of the Majorana 1 chip? A) To compete with Apple’s M1 chipB) To improve the security of banking transactionsC) To reduce errors in quantum computingD) To create a high-performance gaming processorE) To optimize cloud computing performance 8. What is the primary goal of the Prime Minister Internship Scheme (PMIS) Phase-2? A) To provide free college educationB) To create employment for retired government officialsC) To provide internship opportunities for youth across various sectorsD) To train only government employees in digital skillsE) To promote self-employment instead of job-based internships 9. Why did the Supreme Court stay the Lokpal’s order on bringing High Court judges under its jurisdiction? A) Lokpal does not have the authority to investigate judgesB) Judges have separate accountability mechanisms under the judiciaryC) The government opposed the Lokpal’s decisionD) Lokpal was dissolved by the central governmentE) The order violated constitutional principles of judicial independence 10. What is one of the major challenges India faces in achieving its $200 billion electronics export target? A) High export tariffs in ChinaB) Strict environmental regulations in the USC) Higher tariff barriers compared to competitorsD) Lack of demand for Indian electronicsE) Shortage of skilled labor in India