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 Affairs20 February, 2025 1. What was the key reason for India’s GDP growth momentum in H2 FY25? A) Increase in global exportsB) Fiscal policies and rural demandC) Rising inflation trendsD) Depreciation of the Indian RupeeE) Decline in foreign investments 2. What is the main objective of SEBI’s Information Ratio (IR) disclosure for mutual funds? A) To compare fund managers’ salariesB) To help investors assess risk-adjusted returnsC) To increase the trading volume in stock marketsD) To regulate fund benchmarks for tax benefitsE) To determine the creditworthiness of mutual funds 3. Which of the following risks could negatively impact India’s inflation trends? A) High rabi and kharif productionB) Global economic instability and energy price fluctuationsC) Increase in digital transactionsD) Rising foreign investmentsE) Decline in interest rates 4. What major issue has been observed in the African Cheetah Translocation Project in India? A) Increase in poaching activitiesB) Decline in the natural habitat of cheetahsC) Higher-than-expected mortality rates (40-50%)D) Excessive costs leading to project cancellationE) Legal issues with international wildlife organizations 5. Why has President’s Rule been imposed in Manipur? A) Natural disasters like floods and earthquakesB) Ethnic violence and governance failureC) Economic collapse in the stateD) Lack of coordination between state and central governmentsE) Protests by government employees over salary issues 6. Which technological advancement was introduced in the Soil Health Card (SHC) Scheme? A) Artificial Intelligence-based fertilizer recommendationsB) Integration with GIS and QR code trackingC) Blockchain-enabled soil testing reportsD) Drone-based soil scanningE) Biometric authentication for farmers 7. What significant discovery was made in Tamil Nadu regarding the Iron Age? A) Tamil Nadu had no Iron Age settlementsB) Iron Age settlements in Tamil Nadu date back 5300 yearsC) Iron was first discovered in Tamil Nadu during British ruleD) The Iron Age in Tamil Nadu was shorter than previously believedE) Tamil Nadu’s Iron Age was influenced by European civilizations 8. What is the major concern regarding the rising snow line in the Everest region? A) Increased tourism opportunitiesB) Rapid glacial melting due to climate changeC) Reduction in snowfall leading to desertificationD) Formation of new peaks and valleysE) Decline in snowfall leading to excessive ice buildup 9. Why has Donald Trump imposed a 25% tariff on automobiles, pharmaceuticals, and semiconductors? A) To promote domestic industries and reduce dependency on importsB) To encourage foreign companies to invest in U.S. marketsC) To decrease global inflation ratesD) To improve diplomatic relations with India and ChinaE) To support European exports to the U.S. 10. What impact does India’s inclusion in the Bloomberg Emerging Markets Local Currency Index have? A) Decline in India’s foreign investmentsB) Increased global investor confidence in Indian bondsC) Depreciation of the Indian RupeeD) Decrease in government spending on infrastructureE) Drop in RBI’s foreign exchange reserves
Daily Quiz: 19 February 2025
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 Affairs19 February, 2025 1. Which country recently upgraded its bilateral relationship with India to a Strategic Partnership? a) Saudi Arabiab) Qatarc) UAEd) Omane) Bahrain 2. What is the key diplomatic challenge in India-Qatar relations? a) Taxation disputesb) Oil import restrictionsc) Detention of former Indian Navy commanderd) Trade imbalancee) Visa restrictions 3. Which measure is NOT part of SEBI’s enhanced security framework for online trading? a) SIM bindingb) Biometric authenticationc) QR code-based authenticationd) OTP via emaile) Investor control for self-locking accounts 4. What is the major challenge to the proposed Russia-U.S. talks on the Ukraine war? a) Lack of economic incentivesb) European allies’ skepticismc) Disagreements over nuclear weaponsd) Oil price fluctuationse) Russian opposition to sanctions removal 5. What was the impact of COVID-19 on India’s greenhouse gas emissions? a) Increased by 5%b) No significant changec) Decreased by 7.93%d) Increased by 10%e) Decreased by 12% 6. What is the expected launch year of India’s first privately built PSLV? a) 2024b) 2025c) 2026d) 2027e) 2028 7. Which financial risk is associated with the Indian banking sector, as highlighted by RBI’s action against New India Cooperative Bank? a) Foreign exchange volatilityb) High inflation ratesc) Asset-liability mismatchesd) Overregulation of private bankse) Lack of credit growth 8. What has been India’s approach to import tariffs? a) Maintaining a flat 10% customs dutyb) Lowering agricultural tariffsc) Increasing industrial goods tariffsd) Eliminating customs duties entirelye) Reducing tariffs on all sectors uniformly 9. Which Indian state has the highest unemployment rate among women? a) Uttar Pradeshb) Himachal Pradeshc) Gujaratd) Keralae) West Bengal 10. What is the goal of India’s ₹1,000 crore Credit Guarantee Scheme for e-NWR financing? a) To provide direct cash benefits to farmersb) To encourage warehouse-based financing and reduce distress sellingc) To replace Minimum Support Price (MSP)d) To increase foreign investment in agriculturee) To regulate agricultural commodity prices
Daily Quiz: 18 February 2025
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 Affairs18 February, 2025 1. Which Indian state had the highest percentage of deported citizens from the U.S. in 2025? A) GujaratB) HaryanaC) PunjabD) Uttar PradeshE) Maharashtra 2. What is a major concern regarding the new Election Commissioner appointment law? A) It eliminates the need for a selection panelB) The Chief Justice of India (CJI) is excluded from the selection processC) The appointment is now based on public votingD) It mandates a fixed tenure of 10 yearsE) It removes the Election Commission’s independence 3. What was the primary impact of the Kaveri 2.0 cyberattack? A) Bank account hacking in IndiaB) Unauthorized social media accessC) Overwhelming land record systems with fake requestsD) Leakage of Aadhaar card dataE) Theft of cryptocurrency assets 4. Why is the Aravali Safari Park project controversial? A) It is too expensive for Haryana’s budgetB) It threatens the Aravali ecosystem and violates conservation lawsC) It will only be accessible to foreign touristsD) It competes with existing wildlife sanctuariesE) It faces opposition from local businesses 5. What did the SEBI regulation mandate regarding amendments? A) SEBI can modify regulations without public notificationB) Public consultation is required before regulatory amendmentsC) Only investors can propose amendmentsD) The government has sole control over SEBI regulationsE) SEBI regulations must be reviewed every 5 years 6. How does an RBI repo rate cut benefit borrowers? A) It increases EMI paymentsB) It lowers borrowing costs for floating-rate loansC) It eliminates the need for credit checksD) It reduces interest rates only for business loansE) It has no impact on personal loans 7. What major challenge did RBI face while managing liquidity in 2024? A) High foreign direct investment (FDI) inflowsB) Depreciation of the rupee and liquidity tighteningC) Increased gold importsD) Excessive cash circulation in the economyE) The shutdown of nationalized banks 8. What is a significant issue with India’s manufacturing sector? A) It contributes the highest share to GVAB) It is growing faster than China’sC) Employment in manufacturing has stagnatedD) It has reduced dependency on importsE) It contributes 35% of India’s GDP 9. What is the main goal of the PM-AASHA scheme? A) To promote agricultural exportsB) To ensure remunerative prices for farmers and stabilize essential goods pricesC) To provide free seeds to farmersD) To encourage organic farmingE) To introduce private sector investment in agriculture 10. What does the AI Cognitive Decline study suggest about AI chatbots? A) They improve over time with more trainingB) Their cognitive abilities decline over time, similar to human agingC) They remain at peak performance regardless of timeD) They become self-aware and modify their responsesE) They only show decline when interacting with humans
Daily Quiz: 16 & 17 February 2025
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 Affairs16 & 17 February, 2025 1. What was a key announcement during PM Modi’s U.S. visit regarding technology collaboration? A) TRUST initiative for AI and quantum computingB) AI4India framework for researchC) Digital India-U.S. PartnershipD) QUAD AI StrategyE) G20 Tech Alliance 2. What is the main ecological concern related to the Pune Riverfront Development Project? A) Increased water pollutionB) Threat to wildlife sanctuariesC) Deforestation and loss of sacred grovesD) Shortage of drinking water supplyE) Excessive use of solar energy 3. Which initiative aims to boost military collaboration between India and the U.S.? A) QUAD Defense StrategyB) COMPACT frameworkC) Indo-Pacific Military PactD) Strategic Command AgreementE) Defense Modernization Treaty 4. Why has rat hole mining continued in Assam and Meghalaya despite being banned? A) High global demand for coalB) Technological advancements making it saferC) Political interference and coal mafiasD) Lack of labor force for safer mining methodsE) Weak legal framework for mining regulation 5. How has the TrailGuard AI system helped in Similipal Tiger Reserve? A) Reduced poaching through AI-powered surveillanceB) Improved forest fire detectionC) Helped monitor tourist activityD) Increased tiger breeding ratesE) Reduced human-wildlife conflict incidents 6. What is a key reason for the decline in labor migration in India? A) Automation in industriesB) Pandemic-induced preference for stabilityC) Rise in international job opportunitiesD) Government restrictions on movementE) Increase in gig economy jobs 7. What is a major challenge for fintech companies integrating Central Bank Digital Currency (CBDC)? A) RBI’s lack of support for CBDCB) Difficulty in competing with UPI’s real-time transactionsC) Lack of customer interest in digital paymentsD) Absence of blockchain technology in CBDCE) High operational costs of digital wallets 8. Why is the government planning to consolidate Regional Rural Banks (RRBs)? A) To increase the number of RRBs for better financial inclusionB) High NPAs and operational inefficienciesC) To phase out RRBs in favor of private banksD) To allow foreign direct investment in rural bankingE) To convert RRBs into microfinance institutions 9. What regulatory issue was highlighted in SEBI’s handling of the Religare Enterprises takeover battle? A) The need for more relaxed compliance for acquisitionsB) Restriction on foreign investments in Indian companiesC) Excessive transparency in corporate dealsD) Ban on competitive bidding in financial marketsE) SEBI’s refusal to allow individual investors in takeovers 10. Why did RBI impose restrictions on the New India Co-operative Bank? A) High loan defaults by customersB) ₹122 crore fraud caseC) Violation of foreign exchange regulationsD) Declining customer depositsE) Non-compliance with digital banking rules
Daily Quiz: 15 February 2025
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 Affairs15 February, 2025 1. What is the target for India-U.S. bilateral trade under the “Mission 500” initiative? A) $300 billion by 2025B) $400 billion by 2030C) $500 billion by 2030D) $600 billion by 2035E) $750 billion by 2040 2. What is a key concern for India in acquiring the F-35 stealth fighter? A) Low operational rangeB) Lack of pilot training facilitiesC) High cost and technology transfer issuesD) Compatibility with Indian Air Force basesE) Lack of spare parts availability 3. What natural disaster destroyed the Teesta-3 dam in October 2023? A) EarthquakeB) Glacial lake outburst flood (GLOF)C) CycloneD) Volcanic eruptionE) Tsunami 4. What is the primary factor affecting Earth’s seasons? A) Orbital speed variationsB) Earth’s axial tiltC) Distance from the SunD) Solar flaresE) Magnetic field changes 5. Why did the RBI supersede the New India Cooperative Bank? A) Rising non-performing assetsB) Financial mismanagement concernsC) Merger with another bankD) Government privatization planE) Cybersecurity threats 6. What was the primary reason behind NFRA filing a petition in the Supreme Court? A) Violation of banking regulationsB) Delay in financial disclosuresC) Quashing of showcause notices by Delhi HCD) Misuse of foreign fundsE) Tax evasion charges 7. What economic principle is central to “MAGAnomics”? A) Free trade and open marketsB) Protectionism and deficit spendingC) Universal basic incomeD) Austerity measuresE) Decentralized currency policies 8. Which factor contributed to India’s recent forex reserve increase? A) Declining foreign investmentsB) RBI’s forex market interventionsC) Decrease in trade surplusD) Reduction in remittancesE) Domestic currency depreciation 9. What is the main goal of the Aquatic Animal Diseases Symposium at the 14AFAF? A) Enhance biosecurity in aquacultureB) Reduce water pollution in fisheriesC) Promote genetically modified fish speciesD) Increase fish exports to European marketsE) Introduce new fishing technologies 10. What was India’s consumer price inflation in January, nearing RBI’s target? A) 3.8%B) 4.3%C) 5.1%D) 6.2%E) 7.5%
Daily Quiz: 14 February 2025
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 Affairs14 February, 2025 1. Which country is constructing the world’s largest hydroelectric dam on the Yarlung Zangbo River? A) IndiaB) NepalC) ChinaD) BangladeshE) Bhutan 2. What was a major outcome of the Trump-Putin talks regarding Ukraine? A) U.S. offered military aid to UkraineB) Agreement on NATO membership for UkraineC) Legitimization of Russia’s annexation of CrimeaD) Formation of a peacekeeping forceE) Strengthened U.S.-Ukraine relations 3. What is the revised eligibility period for U.S. B1/B2 visa interview waivers after COVID-19? A) 24 monthsB) 48 monthsC) 12 monthsD) 36 monthsE) 60 months 4. Under which Article of the Indian Constitution was President’s Rule imposed in Manipur? A) Article 365B) Article 352C) Article 356D) Article 360E) Article 324 5. What is India’s current long-term ranking in the Climate Risk Index (CRI) 2025? A) 7thB) 49thC) 1stD) 6thE) 10th 6. What is one of the key proposals discussed in the RBI-NBFC meeting? A) Reduction of repo rateB) Increase in External Commercial Borrowing (ECB) limitsC) Complete ban on gold loansD) Merging NBFCs with banksE) Imposing additional taxes on NBFCs 7. What major change is proposed in the Income Tax Bill, 2025? A) Increase in tax ratesB) Elimination of ‘previous year’ and ‘assessment year’C) Introduction of a wealth taxD) Exemption for corporate taxesE) Increase in GST rates 8. How much did RBI sell in Forex markets this week to stabilize the rupee? A) $5-6 billionB) $10 billionC) $12-14 billionD) $20 billionE) $2 billion 9. What power is SEBI seeking regarding social media financial advice? A) The ability to block misleading financial messagesB) The power to issue tax rebatesC) The authority to control bank interest ratesD) The ability to regulate mutual fund investmentsE) The right to impose penalties on cryptocurrency trading 10. Which economic strategy is India adopting due to Global Economic Fragmentation (GEF)? A) Increased reliance on exportsB) Lowering import tariffsC) Shifting towards domestic-led growthD) Reducing investments in public infrastructureE) Increasing dependency on Chinese imports
Daily Quiz: 13 February 2025
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 Affairs13 February, 2025 🚨 AIC Crash Course 2025 Launched Today! 🚨 Designed to fast-track your preparation and help you achieve success! 🎯👉 Limited Time Offer at 599/- – Use Coupon Code AICCLARITY99 Don’t Miss Out!Enroll NOW and take the first step towards acing the exam! 🚀 1. What is the primary objective of the India-Middle East-Europe Economic Corridor (IMEC)? A) Strengthening defense ties between India and EuropeB) Enhancing trade and transport connectivityC) Promoting cultural exchange between Middle Eastern and Indian statesD) Developing a new international financial systemE) Establishing a common currency for participating nations 2. What is the main goal of the Hyderabad Bird Atlas Project? A) To study the migration patterns of rare bird speciesB) To track bird population trends for conservation and urban planningC) To create artificial bird habitats in HyderabadD) To promote eco-tourism in TelanganaE) To establish Hyderabad as a global bird-watching destination 3. How is TRAI improving consumer protection in telecom services? A) By implementing AI-based spam detectionB) By reducing call and data tariffsC) By banning all telemarketing companiesD) By increasing the number of telecom operatorsE) By mandating telecom operators to provide free DND services 4. Why did the RBI impose and later remove restrictions on Kotak Mahindra Bank? A) Due to violations in foreign exchange transactionsB) Due to IT system-related compliance issuesC) Due to non-compliance with capital adequacy normsD) Due to financial fraud allegationsE) Due to under-reporting of non-performing assets 5. What is the major concern highlighted in the RBI Consumer Confidence Survey? A) Rising inflation and increasing interest ratesB) Stagnant incomes and job insecurityC) Surge in foreign investments in IndiaD) Decline in consumer spending on essential goodsE) Increased demand for real estate and luxury goods 6. What is a key feature of the new Income Tax Bill, 2025? A) Introduction of a ‘Tax Year’ conceptB) Removal of tax slabs for individual taxpayersC) Increase in corporate tax ratesD) Introduction of a new wealth taxE) Abolition of income tax for people below 40 years 7. Why has rural inflation remained higher than urban inflation in India? A) Higher demand for luxury goods in rural areasB) Higher food and essential goods price inflation in rural areasC) Increased agricultural subsidies leading to inflationD) Strong purchasing power of rural consumersE) Growth in rural industries driving inflation 8. What is the purpose of the NCAER’s recommendation to set up independent fiscal councils in states? A) To increase state-level taxation powersB) To promote fiscal transparency and better financial governanceC) To privatize state-owned enterprisesD) To increase state-level borrowing limitsE) To create a uniform tax structure across all states 9. What is a major limitation of NITI Aayog’s Fiscal Health Index (FHI)? A) It does not measure public service provision qualityB) It excludes fiscal deficit calculationsC) It does not account for tax collection efficiencyD) It focuses only on debt and ignores revenue trendsE) It is applicable only to Union Government finances 10. What is a significant issue related to state fiscal health measurement in India? A) Inconsistent GSDP estimates across statesB) Over-reliance on international borrowingC) Lack of central government funding for statesD) Excessive taxation at the state levelE) High levels of private sector intervention in governance
Daily Quiz: 12 February 2025
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 Affairs12 February, 2025 🚨 AIC Crash Course 2025 Launched Today! 🚨 Designed to fast-track your preparation and help you achieve success! 🎯👉 Limited Time Offer at 599/- – Use Coupon Code AICCLARITY99 Don’t Miss Out!Enroll NOW and take the first step towards acing the exam! 🚀 1. Which of the following is NOT a key recommendation in NITI Aayog’s report on strengthening State Public Universities (SPUs)? A) Fee autonomyB) National Research PolicyC) Expansion of only technical educationD) Infrastructure finance agencyE) CSR funding 2. What is India’s renewable energy target by 2030? A) 100 GWB) 250 GWC) 500 GWD) 750 GWE) 1000 GW 3. Which of the following statements about SEBI’s crackdown on stock price manipulation is FALSE? A) SEBI acted against LSIL & PIFL for artificial price inflation.B) New surveillance mechanisms include external data validation.C) The crackdown discourages speculative retail investing.D) SEBI allowed companies to artificially inflate stock prices.E) The focus is on protecting retail investors. 4. What is the target ethanol blending percentage by 2025? A) 10%B) 15%C) 20%D) 30%E) 50% 5. Which country recently offered India local production of Su-57 fighter jets? A) USAB) FranceC) RussiaD) IsraelE) Germany 6. What is the main focus of COP29, also called the “Climate Finance COP”? A) Carbon tax implementationB) Climate change mitigation through adaptation fundsC) Global carbon credit trading under Article 6.2D) Renewable energy subsidiesE) Phasing out coal completely 7. What was the total capital expenditure allocation in India’s Budget 2025-26? A) ₹10.5 trillionB) ₹12.3 trillionC) ₹15.48 trillionD) ₹18 trillionE) ₹20 trillion 8. What is the objective of NABARD’s “Export Pathshala” workshop? A) Train FPOs for global agricultural tradeB) Promote foreign investments in rural bankingC) Develop AI-based agricultural techniquesD) Improve warehousing facilities in IndiaE) Reduce pesticide use in farming 9. What fiscal deficit target has been set in Budget 2025-26? A) 3.5% of GDPB) 4.4% of GDPC) 5.0% of GDPD) 6.2% of GDPE) 7.0% of GDP 10. What is the goal of the “Dhan Dhanya Krishi Yojana” introduced in Budget 2025-26? A) Strengthen agricultural productivity in 100 lagging districtsB) Boost organic farming across IndiaC) Develop new irrigation infrastructure nationwideD) Reduce dependency on chemical fertilizersE) Promote rooftop farming in urban areas
Daily Quiz: 11 February 2025
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 Affairs11 February, 2025 🚨 AIC Crash Course 2025 Launched Today! 🚨 Designed to fast-track your preparation and help you achieve success! 🎯👉 Limited Time Offer at 599/- – Use Coupon Code AICCLARITY99 Don’t Miss Out!Enroll NOW and take the first step towards acing the exam! 🚀 1. What is the primary reason behind the Supreme Court’s concern over the criminalization of politics in India? A) Increasing corruption in the judiciaryB) Rising number of lawmakers with criminal casesC) Lack of voter awareness in electionsD) Weak economic policies of the governmentE) Overburdened election commissions 2. What was the key commitment made in the India-EFTA trade deal? A) Investment of $50 billion over 10 yearsB) Tariff-free access to EU marketsC) A $100 billion investment over 15 yearsD) Establishment of a common currencyE) The inclusion of China as a trading partner 3. What is the significance of Saudi Arabia’s stance on Trump’s Gaza proposal? A) It supports relocating the Palestinian population to EgyptB) It insists on a two-state solution before normalizing ties with IsraelC) It is willing to fund the reconstruction of Gaza unconditionallyD) It seeks direct military intervention in the regionE) It remains neutral and does not involve itself in geopolitical issues 4. What is the main objective of the Market Intervention Scheme (MIS)? A) To stabilize fuel pricesB) To ensure a fixed minimum support price for all cropsC) To stabilize prices of perishable crops like onions and tomatoesD) To encourage farmers to grow only export-quality cropsE) To reduce government spending on agriculture subsidies 5. What is the key feature of RBI’s new guidelines on gold auctions? A) Auctions must be conducted exclusively by private firmsB) Borrowers have the right to participate in auctionsC) The reserve price is set at 75% of the average market valueD) Gold auctions will be banned for loans below ₹1 lakhE) Only public sector banks can conduct auctions 6. What is a Non-Deliverable Forward (NDF)? A) A financial contract involving the direct exchange of two currenciesB) A futures contract for agricultural commoditiesC) A financial contract that settles currency fluctuations in cash without exchanging actual currencyD) A bond issued by central banks to regulate the money supplyE) A tool used for hedging against stock market volatility 7. What major shift did the Indian government make in its disinvestment strategy for Budget 2025-26? A) Privatization of all loss-making PSUsB) Renaming disinvestment under “miscellaneous capital receipts”C) Eliminating privatization as a policyD) Selling off public sector banks to foreign investorsE) Increasing direct taxation to compensate for low disinvestment revenue 8. What was the primary reason for India reducing tariffs on U.S. goods like pecan nuts? A) To promote domestic farming of pecan nutsB) To encourage more foreign direct investment from the U.S.C) To ease trade tensions and negotiate better market accessD) To comply with WTO regulations on tariff capsE) To increase export revenue from Indian spices 9. How is India positioning itself in the Global South strategy? A) By aligning completely with China’s economic policiesB) By focusing solely on European trade relationsC) By balancing ties with developed nations and the Global SouthD) By cutting off diplomatic relations with Western countriesE) By enforcing protectionist policies to restrict imports 10. What was a key outcome of the UK-India Defence Partnership Initiative (DPI)? A) The UK will station troops in India permanentlyB) India will procure only British defense equipmentC) Enhanced cooperation in missile systems and naval propulsionD) India will establish military bases in the UKE) India will shift entirely to Western defense technologies
National Agricultural Insurance Scheme (NAIS)
Overview The National Agricultural Insurance Scheme (NAIS) is a government-backed crop insurance program in India designed to protect farmers from financial losses due to natural disasters, pests, and diseases. Launched in 1999-2000, NAIS is one of the largest crop insurance schemes in the world and plays a crucial role in stabilizing farm incomes, ensuring food security, and promoting sustainable agriculture. Objectives The key objectives of NAIS include: Coverage Under NAIS Crops Covered The scheme provides insurance coverage for a wide range of crops, including: Farmers Covered NAIS is inclusive, covering different categories of farmers: Risks and Exclusions Risks Covered NAIS provides comprehensive protection against multiple risks that can lead to crop failures, such as: Exclusions While NAIS covers a wide range of risks, certain exclusions apply: Implementation and Working Insurance Provider The Agriculture Insurance Company of India (AIC) is the primary implementing agency responsible for offering crop insurance under NAIS. It works under the guidance of the Ministry of Agriculture and Farmers Welfare, Government of India. Premium Structure Claim Settlement Transition to Pradhan Mantri Fasal Bima Yojana (PMFBY) In 2016, NAIS was replaced by the Pradhan Mantri Fasal Bima Yojana (PMFBY), which introduced several improvements: Despite the transition, NAIS played a significant role in shaping India’s agricultural insurance sector and laid the foundation for modern crop insurance programs. Conclusion The National Agricultural Insurance Scheme (NAIS) has been instrumental in protecting millions of Indian farmers from financial distress due to crop losses. By providing risk coverage, financial stability, and promoting modern farming practices, NAIS has contributed to India’s agricultural resilience. With the evolution into PMFBY, the government continues to enhance the effectiveness of crop insurance, ensuring better financial security for farmers and sustainable agricultural growth.