April 2025 Current Affairs Quiz PDF with Answers

Answer: B) Donald Trump

On April 8, 2025, Israeli Prime Minister Benjamin Netanyahu met with former U.S. President Donald Trump at the White House to discuss bilateral relations and regional issues.

Answer: B) Hungary

In April 2025, Hungary announced its decision to withdraw from the International Criminal Court (ICC), citing concerns over the court's jurisdiction and decisions affecting national sovereignty.

Answer: C) Custodial Torture

The Policing Report 2025 highlighted issues related to custodial torture in India, emphasizing the need for police reforms and better human rights practices.

Answer: C) Extending micro-credit to small and micro enterprises

The Pradhan Mantri Mudra Yojana (PMMY) aims to provide micro-credit facilities to small and micro enterprises to promote entrepreneurship and financial inclusion.

Answer: B) National Statistical Office (NSO)

The "Women and Men in India 2024" report was released by the National Statistical Office (NSO) to provide insights into gender statistics in the country.

Answer: B) Educational Integration in Agrifood Systems

The "Four Betters Courses" initiative by the FAO focuses on strengthening educational integration in agrifood systems to address global challenges in agriculture.

Answer: E) All of the above

The IOS SAGAR Mission involves INS Sunayna in maritime surveillance, humanitarian assistance, joint exercises, and strengthening regional diplomatic relations.

Answer: C) Revamped Microdata Portal

In April 2025, MoSPI launched a revamped Microdata Portal to enhance data accessibility and usability for researchers and policymakers.

Answer: B) Increase in lifestyle-related diseases

The "Health of the Nation 2025" report highlighted a significant increase in lifestyle-related diseases, emphasizing the need for public health interventions.

Answer: C) HDFC Bank

In April 2025, HDFC Bank announced a reduction in its Marginal Cost of Funds-based Lending Rate (MCLR), aiming to make loans more affordable for borrowers.

Answer: A) India

India hosted the G20 Summit in April 2025, bringing together world leaders to discuss global economic and political issues.​

Answer: B) Pradhan Mantri Gramin Digital Saksharta Abhiyan (PMGDISHA)

PMGDISHA was launched to provide digital literacy training to citizens in rural areas, aiming to bridge the digital divide.​

Answer: C) EOS-04

EOS-04 is an earth observation satellite launched by ISRO to provide high-quality images for agriculture, forestry, and disaster management applications.​

Answer: B) 7.0%

In April 2025, India's GDP growth rate for the fiscal year 2025-26 was projected at 7.0%, reflecting a steady economic recovery.​

Answer: D) Pulses

The government increased the MSP for pulses to encourage farmers to cultivate more pulses and reduce import dependency.​RBI & NABARD Prep Platform

Answer: A) Digital Rupee

The RBI introduced the Digital Rupee as a central bank digital currency to promote digital transactions and reduce reliance on cash.​

Answer: B) Palestine

Palestine was admitted as a full member of the United Nations in April 2025, following a majority vote in the General Assembly.​

Answer: E) Carbon Emission Reduction Bill

The Carbon Emission Reduction Bill was passed to set legally binding targets for reducing carbon emissions and promoting sustainable practices.​

Answer: B) TCS

Tata Consultancy Services (TCS) announced a quantum computing initiative to develop advanced computing solutions for complex problem-solving.​

Answer: A) European Union

India and the European Union signed a free trade agreement to enhance economic cooperation and reduce trade barriers between the two regions.​

Answer: B. China

China announced a 34% tariff on all U.S. imports starting April 10, 2025, as a retaliatory measure against U.S. tariffs imposed by President Donald Trump. ​RBI & NABARD Prep PlatformRBI & NABARD Prep Platform

Answer: C. Imposed a 25% tariff on selected U.S. imports

The European Union voted to impose a 25% tariff on selected U.S. imports as a countermeasure to U.S. tariffs on EU products, aiming to defend multilateral trade norms and protect European industries. ​RBI & NABARD Prep Platform

Answer: C. ₹1,600 Crore

The Indian Cabinet approved the Modified Command Area Development and Water Management (M-CADWM) scheme with a total cost of ₹1,600 Crore to enhance irrigation infrastructure. ​RBI & NABARD Prep Platform+3RBI & NABARD Prep Platform+3RBI & NABARD Prep Platform+3

Answer: A. Palna Scheme

The Palna Scheme is designed to provide an integrated package of services, including crèche facilities, to support working mothers and ensure child care. ​RBI & NABARD Prep Platform

Answer: C. Japan

Japan constructed the world's first 3D-printed train station, showcasing advancements in construction technology and innovation. ​

Answer: B. Accommodative

In April 2025, the RBI shifted to an accommodative policy stance with the second consecutive rate cut in FY26 to support economic growth. ​

Answer: D. Bandhan Bank

Bandhan Bank introduced the 'Elite Plus' account specifically designed for High Net-worth Individuals (HNIs), offering exclusive banking services. ​RBI & NABARD Prep Platform

Answer: D. 6.7%

In its April 2025 Asian Development Outlook, the Asian Development Bank (ADB) revised India's GDP growth forecast for the financial year 2025-26 (FY26) to 6.7%, down from the earlier estimate of 7%. This adjustment reflects concerns over global trade tensions, particularly potential U.S. tariffs on Indian exports, which could impact trade and investment flows. ​RBI & NABARD Prep Platform+2Ground News+2Business & Finance News+2

Answer: E. Multiple States</br>

The ₹1,600 crore allocation under the Modified Command Area Development and Water Management (M-CADWM) scheme will benefit multiple Indian states to improve their irrigation infrastructure and ensure efficient water management.

Answer: E. Palna Scheme</br>

The Palna Scheme is part of Mission Shakti by the Ministry of Women and Child Development. It provides crèche facilities and essential services to support working mothers and ensure the well-being of their children.

Answer: C. China

Ukrainian President Volodymyr Zelenskyy accused China of covert involvement in Russia's war against Ukraine, alleging that 155 Chinese nationals were participating in combat operations, with two reportedly captured in the Donetsk region.

Answer: C. Delhi

The Delhi government launched the Ayushman Bharat Scheme to provide health coverage to its residents, aiming to strengthen the healthcare infrastructure and ensure accessible medical services. ​

Answer: C. Jyotiba Phule

Prime Minister Narendra Modi paid tribute to social reformer Jyotiba Phule on his Jayanti, acknowledging his significant contributions to education reform and social work in India. ​

Answer: C. To evaluate the progress of panchayats across nine themes

The Panchayat Advancement Index (PAI) 2024 was introduced to assess the performance of panchayats across nine themes, aiming to promote good governance and development at the grassroots level. ​

Answer: D. Jammu & Kashmir

India inaugurated the Himalayan High Altitude Climate Research Centre in Jammu & Kashmir to study the impacts of climate change in the Himalayan region, aiming to enhance research and policy formulation. ​

Answer: C. National Bank for Financing Infrastructure and Development (NaBFID)

NaBFID signed a strategic MoU with the New Development Bank to collaborate on infrastructure financing, aiming to boost development projects in India. ​

Answer: C. Amplified with a delayed effect

The RBI study highlighted that geopolitical risks have amplified and had a delayed impact on emerging markets, affecting financial stability and economic growth over time. ​

Answer: D. 6.6%

Moody’s Analytics revised India's GDP growth forecast for 2025 to 6.6%, citing robust domestic demand, strong credit growth, and government-led capital expenditure as driving factors for the upward revision.

Answer: C. West Bengal

West Bengal has been recorded as the leading rice-producing state in India. The state benefits from fertile soil and high rainfall, which are favorable for rice cultivation.

Answer: B. Narendra Singh Tomar

The Union Minister of Agriculture, Narendra Singh Tomar, launched an AI-based tool for early detection of crop diseases. This initiative aims to boost agricultural productivity and reduce crop loss by providing timely insights to farmers.

Answer: B. To support startups and MSMEs in semiconductor design by providing financial incentives

The DLI Scheme aims to bolster India's semiconductor design ecosystem by offering financial incentives to startups and MSMEs engaged in semiconductor design, fostering innovation and reducing dependency on imports.

Answer: B. To integrate religious and cultural texts with government data for AI applications

AIKosh is designed to merge religious and cultural texts with government data, creating a comprehensive AI platform that respects cultural sensitivities while leveraging data for various applications.

Answer: C. The impact on current ecosystems and animal welfare

Bringing back extinct species raises ethical questions about the consequences for existing ecosystems, the welfare of de-extinct animals, and the allocation of resources in conservation efforts.

Answer: C. It allows precision targeting from a safe distance, minimizing risk to aircraft

The Gaurav Long-Range Glide Bomb enables the Indian Air Force to strike targets accurately from a distance, reducing the exposure of aircraft to enemy defenses.

Answer: C. 14.4%

Equity mutual fund inflows saw a 14.4% decline in March 2025, indicating a cautious investor sentiment and potential shifts in investment strategies.

Answer: B. Reducing the LTV ratio to 65%

The RBI proposed lowering the LTV ratio for gold loans to 65% to mitigate risks associated with high-value lending against gold, ensuring better credit discipline.

Answer: C. For breach of claim norms and delays in claim processing

IRDAI issued a warning to Heritage TPA due to violations in claim processing norms, which could adversely affect policyholders' trust and the overall insurance ecosystem.

Answer: B. It leads to more acidic rainfall, harming agriculture and infrastructure

Air pollution contributes to the acidification of rainfall, which can damage crops, soil, water bodies, and man-made structures, posing environmental and economic challenges.

Answer: D. Due to concerns over their impact on soil health and farmer debts

&The Punjab government banned specific hybrid paddy seeds because their cultivation led to soil degradation and increased financial burdens on farmers due to higher input costs.

Answer: C. It allows precision targeting from a safe distance, minimizing risk to aircraft

The Gaurav Long-Range Glide Bomb is an indigenously developed precision-guided munition that enhances the Indian Air Force's strike capability by allowing them to hit targets accurately from a long distance. This minimizes the exposure of aircraft to enemy air defenses, improving operational safety and effectiveness.

Answer: C) Article 200

Article 200 of the Indian Constitution specifies the Governor's powers regarding bills passed by the State Legislature. The Governor can grant assent, withhold assent, return the bill for reconsideration, or reserve it for the President's consideration. ​

Answer: B) Saras Mk2

The Saras Mk2 is a 19-seater civilian aircraft developed by NAL under the Council of Scientific and Industrial Research (CSIR) to boost regional air connectivity in India.

Answer: C) Disruption in cropping patterns

The shift in rainfall timing affects the agricultural calendar, leading to potential disruptions in cropping patterns and impacting food security.

Answer: C) Type 5

Type 5 Diabetes, associated with malnutrition and first reported in Jamaica in 1955, was officially recognized by the IDF in 2025 to address its global impact.

Answer: C) SCTIMST

The Sree Chitra Tirunal Institute for Medical Sciences and Technology (SCTIMST) developed the rt-LAMP assay, offering a rapid and cost-effective method for early TB diagnosis.

Answer: C) Endogamous groups

The project emphasizes collecting samples from endogamous groups to understand genetic diversity and its implications for disease susceptibility and personalized medicine.

Answer: B) Bank of India

After the RBI's decision to cut the repo rate, Bank of India reduced its RBLR from 9.10% to 8.85% to pass on the benefits to borrowers. ​

Answer: C) Concentration risk in the ecosystem

The UPI outage was attributed to concentration risk, where reliance on a few key players led to systemic vulnerabilities affecting the entire digital payment infrastructure.

Answer: C) Bank of India

Bank of India withdrew its special fixed deposit scheme and reduced interest rates in response to the RBI's monetary policy changes.

Answer: C) National Payments Corporation of India (NPCI)

The Unified Payments Interface (UPI) is managed and operated by the National Payments Corporation of India (NPCI), which was established by the Reserve Bank of India and the Indian Banks’ Association (IBA). NPCI is a non-profit organization tasked with facilitating retail payments and settlement systems in India.

Answer: C) AgriSure Scheme

The AgriSure Scheme, launched by Union Agriculture Minister Shivraj Chouhan, aims to provide funding to agricultural startups, promoting technology-driven agricultural innovations.

Answer: C) Dhar

The Rashtriya Poshan Maah 2024 was launched in Dhar, focusing on improving nutritional outcomes for children, pregnant women, and lactating mothers. ​

Answer: A) Vishvasya

Vishvasya is a Blockchain Technology Stack launched by the Government of India to offer Blockchain-as-a-Service (BaaS) with geographically distributed infrastructure, enhancing digital trust and transparency.

Answer: B) DRDO

The Defence Research and Development Organisation (DRDO) inaugurated the SPACE facility in Kerala to enhance India's naval capabilities through advanced sonar systems testing and evaluation.

Answer: C) Bank of Baroda

The RBI banned Bank of Baroda from onboarding new customers on its 'BoB World' mobile app in response to a surge in cyber fraud incidents, aiming to address supervisory concerns and enhance cybersecurity.

Answer: C) ₹2 Lakh

The Reserve Bank of India increased the collateral-free agricultural loan limit from ₹1.6 lakh to ₹2 lakh, effective January 1, 2025, to benefit farmers and allied activities by reducing borrowing costs and improving credit access.

Answer: B) 6.8%

The IMF revised India's GDP growth forecast for 2024-25 to 6.8%, citing robust domestic demand as a key factor driving this upward revision.

Answer: B) Power Grid

The Power Grid Corporation of India's board approved a plan to raise ₹12,000 crore through the issuance of bonds in 2024-25, aiming to fund its capital expenditure requirements.

Answer: C) Maharashtra

Maharashtra launched the “Krishi Sakhi” scheme aimed at training and empowering rural women as para-extension workers in agriculture. The scheme focuses on improving women’s participation in agri-extension services and boosting rural livelihoods.

Answer: C) Digital Personal Data Protection (DPDP) Act, 2023

The DPDP Act, 2023, introduced amendments that allow withholding of all personal information without public interest exceptions, potentially weakening the RTI Act's transparency provisions.

Answer: B) Loss of ecological biodiversity

The development of Kancha Gachibowli raises concerns about the loss of ecological biodiversity, highlighting the need for sustainable urban planning. ​ ​

Answer: B) Silicon photonics

Silicon photonics integrates optical components into silicon chips, enabling faster data transmission by using light instead of electrical signals. ​ ​

Answer: C) Enables on-chip optical communication

Integrating lasers onto silicon chips facilitates on-chip optical communication, leading to faster and more efficient data processing.

Answer: C) Reduced interest rates

SBI reduced interest rates on its special deposit scheme in response to the RBI's monetary policy adjustments.

Answer: C) To curb cyber fraud activities

Banks aim to freeze mule accounts, which are used to facilitate cyber fraud, thereby enhancing the security of financial transactions. ​

Answer: C) Maintain adequate capital and liquidity buffers

The IMF suggested that financial institutions should maintain strong capital and liquidity buffers to stay resilient against potential shocks due to rising geopolitical tensions.

Answer: D) Himachal Pradesh

Himachal Pradesh, with support from NABARD, is promoting natural farming practices to encourage sustainable agriculture and reduce dependency on chemical inputs.

Answer: D) Integrating millets into mid-day meals

As part of the Nutri-Cereals campaign, the government is promoting the inclusion of millets in mid-day meals to boost nutritional intake among children and support millet cultivation.

Answer: B) Telangana

The Telangana government launched the 'Bhu Bharati' portal to digitize and streamline land record management, enhancing transparency and efficiency in land administration. ​

Answer: C) 28

Under OALP Round-IX, 28 blocks were awarded to various companies, aiming to explore and harness untapped energy resources across India.

Answer: C) Its powerful claw strike

The mantis shrimp's claw can deliver extremely fast and forceful strikes. Researchers study its microstructure to develop phononic shielding mechanisms that can absorb and dissipate energy efficiently.

Answer: C) Blocking specific sound frequencies

Phononic shielding mechanisms are designed to block or control specific sound frequencies, reducing noise and vibrations, which is useful in various engineering applications.

Answer: C) Capitalmind Financial Services

Capitalmind Financial Services, founded by Deepak Shenoy, received SEBI's approval to launch 'Capitalmind Mutual Fund', expanding its offerings in the asset management space. ​

Answer: D) 34

PNB launched 34 new products on its 131st foundation day, aiming to enhance customer experience and expand its service offerings.

Answer: B) 3.34%

India's retail inflation eased to 3.34% in March 2025, the lowest since August 2019, primarily due to a decline in food prices, especially vegetables. This rate is within the Reserve Bank of India's target range of 2-6% .

Answer: C) 2.05%

India's wholesale inflation dropped to 2.05% in March 2025, a four-month low, mainly due to a slower rise in food prices, with vegetable prices notably falling by 15.88% .

Answer: C) 105%

India is forecasted to receive 105% of the long-term average rainfall during the 2025 monsoon season, indicating above-average monsoon rains, which are expected to boost agricultural output and support economic growth .

Answer: B) Telangana

The Telangana government launched the 'Bhu Bharati' portal to digitize and streamline land record management, enhancing transparency and efficiency in land administration. ​

Answer: C) Its powerful claw strike

The mantis shrimp's claw can deliver extremely fast and forceful strikes. Researchers study its microstructure to develop phononic shielding mechanisms that can absorb and dissipate energy efficiently. ​

Answer: C) Blocking specific sound frequencies

Phononic shielding mechanisms are designed to block or control specific sound frequencies, reducing noise and vibrations, which is useful in various engineering applications.

Answer: D) Decline of 0.2%

The WTO has revised its global merchandise trade forecast for 2025, predicting a decline of 0.2%. This adjustment reflects concerns over U.S. tariff developments and potential trade policy uncertainties that could further impact global trade dynamics.

Answer: C) 105%

The IMD forecasts that India will receive 105% of the long-period average rainfall during the 2025 monsoon season. This above-normal rainfall is expected to boost agricultural output, stabilize food prices, and support economic growth. ​

Answer: C) 28

Under OALP Round-IX, 28 blocks were awarded to various companies, aiming to explore and harness untapped energy resources across India. ​

Answer: C) Blocking specific sound frequencies

Phononic shielding mechanisms are designed to block or control specific sound frequencies, reducing noise and vibrations, which is useful in various engineering applications. ​

Answer: D) 34

PNB launched 34 new products on its 131st foundation day, aiming to enhance customer experience and expand its service offerings. ​

Answer: B) 2.05%

According to the data, India’s Wholesale Price Index (WPI)-based inflation rose to 2.05% in March 2025. This increase was mainly driven by higher food and primary article prices.

Answer: D) Tamil Nadu

Tamil Nadu’s ‘Aduthurai Betel Leaves’, known for their unique aroma and taste, have been granted the Geographical Indication (GI) tag, which will help boost the local farming community and preserve its traditional heritage.

Answer: A) IARI (Indian Agricultural Research Institute)

The Indian Agricultural Research Institute (IARI) is working on developing climate-resilient wheat and paddy varieties to counter the adverse effects of climate change on Indian agriculture, such as erratic rainfall and extreme heat.

Answer: C) Transforming India into a developed nation by 2047

The 'Viksit Bharat 2047' initiative aims to transform India into a developed nation by the year 2047, coinciding with the centenary of its independence. The program focuses on various sectors, including infrastructure, education, health, and governance, to achieve this goal. ​

Answer: C) Gaganyaan Mission Commander

As part of India's Gaganyaan mission, the selected astronaut, serving as the mission commander, is scheduled for space travel in May 2025. This mission marks a significant milestone in India's space exploration efforts.

Answer: C) Dr. Mathew Samuel Kalarickal

Dr. Mathew Samuel Kalarickal, a pioneering Indian cardiologist known as the 'Doyen of Angioplasty,' passed away recently. He was instrumental in introducing and popularizing angioplasty procedures in India. ​

Answer: C) No GST applicable

UPI transactions, regardless of the amount, are exempt from GST. The government has clarified that there is no GST on UPI transactions, including those exceeding ₹2,000, to promote digital payments. ​

Answer: C) To boost the country's export competitiveness

The ₹2,250 crore Export Promotion Mission aims to enhance India's export competitiveness by providing financial assistance, infrastructure development, and policy support to exporters. ​

Answer: A) Ministry of Commerce and Industry

The Ministry of Commerce and Industry is spearheading the Export Promotion Mission, coordinating with various stakeholders to implement strategies that enhance India's export performance. ​

Answer: C) Improvement in trade surplus

By boosting exports through the Export Promotion Mission, India aims to improve its trade surplus, thereby strengthening the country's economic position globally. ​ ​

Answer: C) Vice President JD Vance

U.S. Vice President JD Vance is set to visit India to engage in discussions focusing on the economy, trade, and diplomatic relations between the two nations. ​

Answer: B) World Bank and International Monetary Fund

Finance Minister Nirmala Sitharaman is attending the Spring Meetings of the World Bank and the International Monetary Fund in the U.S., where global economic issues are discussed. ​

Answer: C) U.S. Treasury Secretary Scott Bessent

Finance Minister Nirmala Sitharaman is scheduled to hold discussions with U.S. Treasury Secretary Scott Bessent on matters related to tariffs and trade between India and the U.S. ​

Answer: C) Savings and term deposit accounts

Under the new RBI guidelines, minors can independently open and operate savings and term deposit accounts, promoting savings habits among the youth. ​

Answer: D) $41.18 billion

According to the data presented, India's exports to the U.S. are projected to reach $41.18 billion in FY25, indicating a significant increase from previous fiscal years.

Answer: C) Increasing imports from the U.S.

India is exploring strategies to narrow its trade surplus by increasing imports from the U.S., aiming to address concerns about the growing U.S. trade deficit with India. ​

Answer: C) Trade in goods and services

The upcoming BTA (Bilateral Trade Agreement) negotiations between India and the U.S. are set to cover 19 chapters, including goods, services, customs facilitation, and regulatory issues, focusing primarily on trade matters.

Answer: C) To develop a shorter maritime trade route

India's interest in the NSR stems from its potential to serve as a shorter maritime trade route, reducing shipping time and costs between Asia and Europe.

Answer: B) Reduced the run-off factor to 40%

The RBI reduced the run-off factor for deposits from non-financial entities, such as trusts and partnerships, from 100% to 40%, easing liquidity requirements for banks. ​

Answer: B) To absorb excess liquidity from the banking system

The SDF is a tool used by the RBI to absorb surplus liquidity from the banking system without providing collateral, helping manage inflation and ensure monetary stability.

Answer: B) Normal monsoon supporting stable agricultural output

The 2025 monsoon is forecasted to be normal, which is expected to support stable agricultural production and help control food inflation. ​

Answer: B) To explore and harness marine resources for economic growth

The Indian government's investment in deep-sea mining initiatives like 'Samudrayaan' and 'Matsya 6000' aims to explore and utilize marine resources, contributing to economic development and resource security. ​ ​

Answer: B) Kerala

Kerala has launched a new initiative aimed at enhancing digital literacy among rural women, focusing on empowering them through technology and bridging the digital divide. ​

Answer: B) Normal monsoon supporting stable output

The government has introduced incentives to encourage farmers to grow more pulses during the 2025 Kharif season to reduce import dependency and ensure food security.

Answer: D) PM-PRANAM

PM-PRANAM (PM Programme for Restoration, Awareness, Nourishment and Amelioration of Mother Earth) is a government initiative aimed at promoting sustainable agriculture by reducing the use of chemical fertilizers and encouraging organic practices.

Answer: B) 1%

The CBDT has notified a 1% TCS rate on certain foreign remittances to streamline tax collection and enhance compliance. ​

Answer: D) PM-PRANAM

PM-PRANAM (PM Programme for Restoration, Awareness, Nourishment and Amelioration of Mother Earth) is a government initiative aimed at promoting sustainable agriculture by reducing the use of chemical fertilizers and encouraging organic practices. ​ ​

Answer: C) Odisha

In April 2025, the Chief Minister of Odisha officially declared Similipal Tiger Reserve, located in Mayurbhanj district, as India's 107th National Park. This move aims to enhance conservation efforts and promote biodiversity in the region. ​

Answer: C) Pulses

The government is promoting the cultivation of pulses in the 2025 Kharif season through incentives to boost production and reduce import dependency. ​

Answer: D) PM-PRANAM

PM-PRANAM (PM Programme for Restoration, Awareness, Nourishment and Amelioration of Mother Earth) is a government initiative aimed at promoting sustainable agriculture by reducing the use of chemical fertilizers and encouraging organic practices. ​ ​

Answer: B) Bihar

In the 2025 Union Budget, the Indian government announced the establishment of a Makhana Board in Bihar to promote Makhana (fox nut) cultivation and exports, recognizing the state's significant contribution to Makhana production.

Answer: B) New Income Tax Bill

The 2025 Union Budget introduced the New Income Tax Bill, which exempts individuals earning up to ₹12 lakh annually from paying income tax, aiming to simplify the tax regime and reduce the compliance burden.

Answer: C) Prime Minister Dhan-Dhaanya Krishi Yojana

The Prime Minister Dhan-Dhaanya Krishi Yojana was launched to facilitate short-term loans of up to ₹5 lakh through Kisan Credit Cards (KCC) for 7.7 crore farmers, fishermen, and dairy farmers, enhancing credit accessibility in the agricultural sector.

Answer: E) e-INR

The Reserve Bank of India introduced the e-INR, a Central Bank Digital Currency (CBDC), aiming to digitize money, enhance payment system resilience, and reduce the costs associated with physical currency management.

Answer: C) New India Cooperative Bank

The New India Cooperative Bank was involved in a ₹122 crore scam, where funds were misappropriated over six years. The RBI imposed withdrawal restrictions and superseded the bank's board following the discovery.

Answer: B) Purchased bonds worth ₹1.25 trillion

In May 2025, the RBI announced plans to purchase bonds worth ₹1.25 trillion to inject liquidity into the banking system, effectively functioning as a rate cut by reducing short-term interest rates.

Answer: B) 6.5%

The RBI revised India's GDP growth forecast for the fiscal year 2024-25 from 6.7% to 6.5%, citing stable inflation and moderate GDP growth as factors influencing the accommodative monetary policy stance.

Answer: C) Proposed U.S. tariffs on Indian goods

The Reuters poll indicated that India's economic growth outlook has dimmed due to proposed U.S. tariffs on Indian goods and persistently weak private investment, leading to a downgrade in GDP growth forecast from 6.5% to 6.3%.

Answer: B) 4.0%

Consumer inflation in India is expected to average 4.0% in the fiscal year 2024-25, aligning with the RBI's target and providing room for accommodative monetary policies to support economic growth.

Answer: C) Stabilization of food prices and potential interest rate cuts

A favorable monsoon forecast, with rains approximately 5% above average, is expected to stabilize food prices and may allow for interest rate cuts to spur economic growth amid global uncertainties.

Answer: D. France

India finalized a ₹64,000 crore deal with France for 26 Rafale-M jets intended for the Indian Navy, with delivery between 2028 and 2030.

Answer: C. Enable 1 crore rooftop solar installations

The PM Surya Ghar Muft Bijli Yojana aims to provide 1 crore rooftop solar connections through a fully digital process via the National Portal.

Answer: C. 68%

Despite 80% believing media is free in India, only 68% support the idea of uncensored media, indicating a normalization of censorship.

Answer: C. Physical Bond Forwards

RBI introduced physical bond forwards, expanding from cash-settled instruments to support hedging and boost demand for long-term SDLs.

Answer: C. ₹3.22 crore and market ban

SEBI penalized PWA ₹3.22 crore and imposed a market ban for 621 spoofing instances across 193 stocks, emphasizing its crackdown on algorithmic fraud.

Answer: C. Margins to be collected by T+1

Under the new rule, brokers must collect client margins by the next trading day (T+1) to ensure timely compliance and reduce systemic risk.

Answer: B. $86.1 billion

SIPRI ranked India 5th globally in defence spending with $86.1 billion, reflecting concerns over regional threats and modernization goals.

Answer: C. 0.51%

The INR appreciated by 0.51% in April, strengthening to ₹85.03/USD due to weak dollar index and increased foreign inflows.

Answer: D. Ordered reinforcement of UPI infrastructure

The Finance Ministry initiated measures to strengthen UPI's resilience and cybersecurity after multiple service disruptions were reported.

Answer: C. Prevent coercive loan recovery

The Tamil Nadu Bill aims to regulate coercive recovery practices by microfinance institutions and introduces jail terms and district-level dispute mechanisms.

Answer: C. 9.3 million tonnes

India emits 9.3 million tonnes of plastic waste annually, accounting for 20% of global plastic emissions.

Answer: C. Polluter Pays Principle

The "Polluter Pays" principle mandates that those who cause pollution are responsible for the costs of managing it.

Answer: B. 25.17%

India’s forest cover stands at 25.17%, which is below the targeted 33% as per the National Forest Policy.

Answer: C. NPAs surged to 16%

Gross NPAs in India’s microfinance sector rose to 16% in FY25, indicating a growing credit risk, particularly among low-income borrowers.

Answer: C. Opinion trading or prediction markets

These platforms offer users to bet on predictions like elections or sports, which SEBI considers risky and possibly illegal under securities laws.

Answer: C. Handling KRA exits and data continuity

SEBI’s framework ensures smooth transfer and protection of investor KYC data in case a KYC Registration Agency shuts down or becomes insolvent.

Answer: C. ₹1.25 trillion

RBI announced a bond purchase of ₹1.25 trillion and a transfer of ₹1.5 trillion to the government to ensure market liquidity.

Answer: D. November 1, 2025

SEBI extended the T+0 settlement deadline to November 1, 2025, due to broker readiness issues.

Answer: B. Fashnear Technologies to Meesho Pvt Ltd

Fashnear Technologies, the parent company of Meesho, has been renamed Meesho Pvt Ltd to reflect brand clarity and consistency.

Answer: C. Lack of incubation and global collaboration

The study found India’s R&D sector has limited support for start-up incubation and insufficient international partnerships.