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 Affairs9 & 10 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 National Mission for Manuscripts (NMM)? A) Promote Sanskrit educationB) Preserve and digitize India’s manuscript heritageC) Publish ancient Indian textsD) Translate Indian manuscripts into EnglishE) Establish manuscript museums across India 2. Why is antibiotic resistance a growing global concern? A) It leads to the overuse of vaccinesB) It makes bacterial infections harder to treatC) It promotes the excessive use of antisepticsD) It reduces the effectiveness of painkillersE) It leads to stronger immune systems in humans 3. What is the focus of the AI Action Summit 2025, where India will co-chair? A) Regulation of AI in financial marketsB) Strengthening AI surveillance technologiesC) Using AI for defense applicationsD) AI innovation, governance, and public welfareE) Reducing AI dependence in education 4. What is a key feature of India’s National Monetisation Pipeline (NMP)? A) Full privatization of public assetsB) Permanent transfer of ownership to private firmsC) Monetization of brownfield infrastructure while retaining ownershipD) Focus only on road infrastructure projectsE) Involvement of only foreign investors 5. How did the Budget 2025-26 impact R&D funding in India? A) Increased funding for nuclear research and innovationB) Decreased funding for all research initiativesC) Shifted focus from AI to agriculture researchD) Increased funding only for private sector R&DE) Removed all tax benefits for research institutions 6. What is a major challenge faced by urban local bodies (ULBs) in India? A) Excessive foreign investment in urban projectsB) Revenue shortfalls due to reduced direct transfers and GSTC) Overregulation of public transportD) Lack of housing demand in citiesE) Too many funds allocated to PMAY (Urban) 7. What is the primary benefit of drone technology in Indian agriculture? A) Reducing rural employmentB) Increasing labor costsC) Enhancing efficiency, reducing input costs, and improving yieldsD) Promoting manual pesticide applicationE) Reducing demand for organic farming 8. Why is Karnataka’s new ordinance a concern for microfinance institutions (MFIs)? A) It promotes foreign MFI dominanceB) It encourages high-interest loans from MFIsC) It imposes stricter regulations, potentially pushing borrowers to illegal lendersD) It legalizes unregulated moneylendersE) It allows only government banks to issue small loans 9. What major tax reform is expected in the upcoming Income Tax Bill (2024-25)? A) Introduction of a wealth taxB) Simplification and streamlining of tax lawsC) Higher tax exemptions for corporatesD) Elimination of GSTE) Abolishment of income tax for all salaried employees 10. Why are nano fertilizers considered beneficial for Indian agriculture? A) They work faster than traditional fertilizersB) They increase soil toxicity for better pest controlC) They improve nutrient uptake and reduce environmental lossesD) They eliminate the need for irrigationE) They replace organic farming 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 Affairs8 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. By how much did the RBI cut the repo rate, and what were the reasons behind the decision? A) 0.25% – To boost investment and credit flowB) 0.50% – To control inflationC) 0.75% – To reduce fiscal deficitD) 1.00% – To support export growthE) No change in repo rate 2. What is the main objective of the RBI’s new Liquidity Coverage Ratio (LCR) regulation? A) To improve bank profitabilityB) To ensure banks maintain adequate liquid assets during financial stressC) To increase interbank lending ratesD) To promote digital banking servicesE) To discourage short-term borrowing 3. What impact does a reduction in the repo rate have on the economy? A) It increases the cost of borrowingB) It decreases credit availabilityC) It encourages borrowing and investmentD) It reduces inflation immediatelyE) It leads to higher fiscal deficits 4. Which formula is used to calculate the Liquidity Coverage Ratio (LCR)? A) (Total Loans / Total Deposits) × 100B) (High-Quality Liquid Assets / Total Net Cash Outflows) × 100C) (Total Liabilities / Total Assets) × 100D) (Net Profit / Total Revenue) × 100E) (Cash Reserves / Total Borrowings) × 100 5. What are the components of Expected Credit Loss (ECL)? A) Current Loan Balance, Reserves, Capital Adequacy RatioB) Probability of Default, Loss Given Default, Exposure at DefaultC) Interest Rate, Repo Rate, Inflation RateD) Revenue, Expenses, Net ProfitE) Loan Growth, Asset Turnover, Return on Equity 6. What changes has the RBI made regarding the NDS-OM platform? A) Restricted it only to institutional investorsB) Allowed retail investors to participate in government securitiesC) Increased transaction fees for tradingD) Removed bond trading optionsE) Introduced a new digital-only format for transactions 7. What are the key objectives of the new Income Tax Bill? A) Increase tax rates for all income groupsB) Simplify tax laws and reduce litigationC) Introduce a new wealth taxD) Eliminate all indirect taxesE) Reduce government spending on subsidies 8. What is the focus of biomanufacturing under the BioE3 policy? A) Expansion of traditional agricultureB) Production of biotech-based sustainable productsC) Increasing the use of chemical fertilizersD) Restricting biotech research to pharmaceuticalsE) Reducing food exports to maintain domestic supply 9. How can states benefit from early adoption of biomanufacturing policies under the BioE3 initiative? A) By receiving more foreign direct investmentB) By getting priority access to central government fundsC) By increasing agricultural subsidiesD) By restricting biotech importsE) By reducing the dependency on traditional energy sources 10. What recommendation did the DRPSC make regarding the PM-Kisan scheme? A) To increase the annual financial support to farmersB) To reduce the number of beneficiariesC) To replace direct cash transfers with subsidiesD) To increase the eligibility criteria for farmersE) To eliminate the scheme and replace it with another

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 Affairs7 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 goal of India’s ethanol blending program? A) Reduce vehicle emissionsB) Increase sugar productionC) Reduce crude oil importsD) Improve groundwater qualityE) Promote electric vehicles 2. Which Indian government body developed the Pinaka Multiple Rocket Launch System (MRLS)? A) Bharat Electronics LimitedB) Hindustan Aeronautics LimitedC) Defence Research and Development Organisation (DRDO)D) Indian Ordnance FactoriesE) Larsen & Toubro 3. What is the significance of Chabahar Port for India? A) It is a major naval base for India’s maritime securityB) It provides India a direct trade route to Afghanistan and Central AsiaC) It serves as an oil supply hub for IndiaD) It is India’s first deep-sea portE) It is a joint military base between India and Iran 4. What is the fiscal deficit target for India in FY 2025-26? A) 3.5%B) 4.0%C) 4.4%D) 5.2%E) 6.0% 5. Which financial measure is used by banks to determine the minimum interest rate they can charge on loans? A) Base RateB) Reverse Repo RateC) Repo RateD) Marginal Cost of Funds-based Lending Rate (MCLR)E) Statutory Liquidity Ratio (SLR) 6. Why is India considering shifting away from green bonds? A) High default risksB) Declining foreign investmentsC) Modest returns compared to traditional financingD) Government policy shift towards fossil fuelsE) Lack of regulatory support 7. What is the primary benefit of appointing ad-hoc judges in Indian High Courts? A) To replace permanent judgesB) To reduce case backlogC) To introduce international legal expertiseD) To limit judicial interference in executive mattersE) To reduce government expenditure 8. What is the primary reason behind the U.S. foreign aid freeze under Trump’s administration? A) Budget constraintsB) Inefficiencies and ideological opposition in US-AIDC) Increased military spendingD) Focus on domestic social programsE) Poor economic performance of recipient countries 9. What is the impact of the RBI’s repo rate cut from 6.5% to 6.25%? A) Higher borrowing costsB) Slower economic growthC) Increase in inflation risksD) Decline in banking profitabilityE) Strengthening of the Indian Rupee 10. Under what conditions is rural agricultural land exempt from capital gains tax in India? A) If the land is within 10 km of a cityB) If it is owned for at least 10 yearsC) If it is outside municipal limits and meets population criteriaD) If it is transferred to a cooperative societyE) If it is used for commercial farming

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 Affairs6 February, 2025 🚨 AIC Crash Course 2025 Launched Today! 🚨 Designed to fast-track your preparation and help you achieve success! 🎯👉 Limited Time Offer at 599/- – Don’t Miss Out!Enroll NOW and take the first step towards acing the exam! 🚀 1. What is the primary focus of the U.S. proposal for Gaza under President Trump?a) Military occupationb) Economic development and infrastructure improvementc) Annexation by Israeld) Establishment of a new Palestinian governmente) UN-led administration 2. Why are six states opposing the new UGC regulations, 2025?a) They oppose private sector involvement in universitiesb) The regulations allow industry professionals to become vice-chancellorsc) The UGC plans to shut down state universitiesd) The regulations increase tuition feese) The new rules enforce a uniform syllabus nationwide 3. What measure has the Supreme Court directed Rajasthan to take regarding Sacred Groves?a) Hand over control to corporate entitiesb) Convert them into national parksc) Classify them as forests and designate them as community reservesd) Transfer their ownership to private individualse) Use them for commercial logging 4. What is India’s rank in the Global Cybersecurity Index (GCI) 2024?a) 75.34/100b) 80.22/100c) 90.45/100d) 98.49/100e) 65.18/100 5. Why is the rupee depreciating against the U.S. dollar?a) Increased oil importsb) U.S. trade policies affecting global marketsc) Low foreign investment in Indiad) High inflation in the Indian economye) All of the above 6. What is the maximum percentage of capital exposure allowed for individual borrowers under RBI’s credit norms?a) 10%b) 15%c) 20%d) 25%e) 30% 7. Why did SBI’s request to remove GST on co-lending transactions get rejected?a) The government sees co-lending as a taxable financial serviceb) The banking sector already enjoys tax exemptionsc) The co-lending model lacks proper regulationsd) The GST Council has yet to review the requeste) The RBI opposes tax exemptions for financial services 8. What is a key amendment proposed under India’s Insolvency and Bankruptcy Code (IBC) reforms?a) Reduction of corporate tax for insolvent firmsb) Separate resolution for assets and businessesc) Mandatory liquidation of defaulting companiesd) Government takeover of bankrupt firmse) Increased penalties for loan defaulters 9. What is the purpose of the Citizen Financial Cyber Fraud Reporting System?a) To track bank transactions above ₹1 lakhb) To detect cyber fraud in online shoppingc) To help victims report financial cyber frauds quicklyd) To regulate cryptocurrency tradinge) To monitor offshore banking transactions 10. What was a major cyber fraud case in India involving Aadhaar data?a) 1.1 billion records were exposed in 2018b) ₹20 lakh stolen via Canara Bank ATMsc) 300 phone numbers targeted by Pegasus spywared) ₹500 crore lost in banking scamse) Bank account details leaked in 2022

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 Affairs5 February, 2025 1. What is the primary objective of SEBI’s new algorithmic trading regulations? A) To ban algorithmic trading in IndiaB) To increase market volatilityC) To enhance transparency and safety in retail algo tradingD) To allow only institutional investors to use algo tradingE) To eliminate manual trading completely 2. What is the new Kisan Credit Card (KCC) loan limit set by the government? A) ₹2 lakhB) ₹3 lakhC) ₹5 lakhD) ₹7 lakhE) ₹10 lakh 3. What is the purpose of the Trade Assistance Programme (TAP)? A) To assist MSMEs in managing compliance costsB) To regulate stock market transactionsC) To improve foreign exchange reservesD) To provide direct cash transfers to exportersE) To eliminate customs duties on all imports 4. How does Partial Credit Enhancement (PCE) help companies? A) By increasing stock market investmentsB) By reducing corporate tax liabilitiesC) By helping low-rated companies improve bond ratingsD) By ensuring a fixed interest rate on loansE) By eliminating the need for financial audits 5. What is a major reason behind the growth of gold-backed loans in India? A) Falling interest rates in the economyB) Rising gold prices and RBI’s stricter unsecured loan rulesC) Government subsidies on gold purchasesD) Increase in RBI’s gold reservesE) Ban on other types of collateral loans 6. Which U.S. policy led to the deportation of 205 Indian nationals? A) America First ActB) Border Security and Immigration Reform ActC) Illegal Immigration CrackdownD) Secure Borders ActE) Immigration Equality Act 7. Which Indian state is drafting a Uniform Civil Code (UCC) bill for potential national implementation? A) MaharashtraB) Uttar PradeshC) GujaratD) KarnatakaE) Rajasthan 8. What is a key focus of India’s new ₹10,000 crore Fund of Funds scheme? A) Expanding the real estate sectorB) Supporting manufacturing and high-tech startupsC) Increasing government bonds in the stock marketD) Providing loans for MSME exportersE) Promoting agriculture research 9. Why has China imposed new tariffs on U.S. goods? A) To increase domestic revenueB) In retaliation against U.S. trade restrictionsC) To reduce dependence on American importsD) Due to declining economic growth in ChinaE) To promote local agricultural industries 10. What is one key strategy India is using to manage its fiscal deficit? A) Reducing corporate tax ratesB) Increasing foreign borrowingsC) Allocating 3.1% of GDP for infrastructure investmentsD) Decreasing the minimum wageE) Printing more currency