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 Affairs
08 March, 2025
1. What was the key message of Chinese FM Wang Yi regarding India-China relations?
A) India and China should remain military rivals
B) India and China should avoid diplomatic relations
C) India and China should support each other like a “ballet between the elephant and the dragon”
D) India and China should form a military alliance
E) India should distance itself from China
Answer: C) India and China should support each other like a “ballet between the elephant and the dragon”
Explanation: Chinese FM Wang Yi emphasized mutual cooperation between the two nations and highlighted their relationship metaphorically as a ballet between the elephant (India) and the dragon (China), urging peaceful coexistence.
2. Why did Iran reject negotiations with the U.S. on nuclear weapons?
A) Iran seeks military expansion in the Middle East
B) The U.S. abandoned the 2015 JCPOA, leading to distrust
C) Iran agreed to talks but wants UN mediation
D) Iran has no nuclear ambitions
E) Iran has already signed a deal with Russia
Answer: B) The U.S. abandoned the 2015 JCPOA, leading to distrust
Explanation: Iran refuses to negotiate under U.S. pressure, citing the failure of the 2015 JCPOA (Joint Comprehensive Plan of Action), which the U.S. withdrew from, leading to increased tensions.
3. What is the main goal of the proposed U.S.-India Free Trade Agreement (FTA)?
A) To increase U.S. tariffs on Indian products
B) To replace the India-U.S. Bilateral Trade Agreement
C) To boost India’s access to U.S. markets and ease trade barriers
D) To create a common currency for both nations
E) To make India dependent on U.S. imports
Answer: C) To boost India’s access to U.S. markets and ease trade barriers
Explanation: The proposed FTA aims to enhance trade cooperation by reducing tariff and non-tariff barriers, increasing market access, and improving economic ties between India and the U.S.
4. What step has the Election Commission taken to resolve duplicate voter ID issues?
A) Banning online voter registration
B) Assigning unique EPIC numbers to all voters
C) Allowing multiple IDs for a single voter
D) Removing all voters suspected of duplication
E) Increasing the voter registration age
Answer: B) Assigning unique EPIC numbers to all voters
Explanation: The Election Commission acknowledged voter ID duplication and is working to resolve it by assigning unique EPIC (Electors Photo Identity Card) numbers to prevent errors and fraud.
5. Why is the deciphering of the Indus Valley script significant?
A) It proves that the script was purely pictorial
B) It supports the Aryan Migration Theory
C) It suggests the script was Sanskrit-based and linked to Brahmi
D) It confirms the Indus Valley Civilization used the Latin alphabet
E) It proves the Indus Valley people spoke Persian
Answer: C) It suggests the script was Sanskrit-based and linked to Brahmi
Explanation: Cryptographer Yajnadevam’s findings challenge the Aryan Migration Theory by suggesting the script is linked to Sanskrit and Brahmi, indicating an unbroken linguistic tradition.
6. What major defense agreement did India sign with Russia?
A) Purchase of S-500 missile defense systems
B) A $248M deal for 1,000 HP engines to upgrade T-72 tanks
C) Leasing of Russian nuclear submarines
D) Joint production of fighter jets
E) Acquisition of Russian aircraft carriers
Answer: B) A $248M deal for 1,000 HP engines to upgrade T-72 tanks
Explanation: India signed a $248M defense deal with Russia to upgrade its T-72 tanks with 1,000 HP engines, improving their battlefield performance.
7. Why has SEBI’s new chairperson emphasized “optimum regulation”?
A) To increase penalties on businesses
B) To promote excessive market restrictions
C) To remove outdated regulations and ensure market efficiency
D) To limit foreign investments in India
E) To make stock trading more complex
Answer: C) To remove outdated regulations and ensure market efficiency
Explanation: SEBI’s new chairperson, Tuhin Kanta Pandey, aims to balance regulatory oversight by eliminating unnecessary rules while maintaining market transparency and efficiency.
8. Why is India increasing its gold reserves?
A) To boost public gold savings
B) To hedge against economic uncertainty and reduce dependence on the U.S. dollar
C) To launch a gold-backed cryptocurrency
D) To counter China’s economy
E) To fund government projects directly
Answer: B) To hedge against economic uncertainty and reduce dependence on the U.S. dollar
Explanation: India has been increasing its gold reserves to strengthen financial stability, support trade independence, and hedge against global economic uncertainties.
9. What does RBI’s recent VRR auction trend indicate?
A) Increased banking liquidity and possible future rate cuts
B) Severe liquidity shortage in banks
C) High inflationary pressure in India
D) A rise in bank loan defaults
E) Declining confidence in RBI policies
Answer: A) Increased banking liquidity and possible future rate cuts
Explanation: The reduced demand for RBI’s repo auctions signals better liquidity in banks, suggesting that RBI may adopt more balanced monetary policies, potentially leading to interest rate cuts.
10. How does the government’s subsidized loan scheme benefit sugar mills?
A) Allows sugar mills to invest in cryptocurrency
B) Supports ethanol production from grains and corn, reducing reliance on sugarcane
C) Bans sugar exports to control domestic prices
D) Encourages sugar mills to shut down unprofitable operations
E) Increases taxation on sugar mills
Answer: B) Supports ethanol production from grains and corn, reducing reliance on sugarcane
Explanation: The government’s scheme provides 50% interest subvention to cooperative sugar mills, allowing them to expand ethanol production beyond sugarcane, helping meet biofuel targets and reducing energy dependence.
