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Daily Quiz: 10 April 2025

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1. Which country imposed a 34% tariff on all U.S. imports beginning April 10, 2025, in retaliation to U.S. tariffs?​

A. India
B. China
C. European Union
D. Japan
E. South Korea

Answer: B. China

Explanation: 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


2. What action did the European Union take in response to U.S. tariffs on its products?​

A. Imposed a 10% tariff on all U.S. imports
B. Banned the import of U.S. automobiles
C. Imposed a 25% tariff on selected U.S. imports
D. Suspended all trade agreements with the U.S.
E. Increased tariffs on Chinese goods​

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

Explanation: 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


3. What is the total cost approved by the Indian Cabinet for the M-CADWM scheme to boost irrigation infrastructure?​

A. ₹1,200 Crore
B. ₹1,400 Crore
C. ₹1,600 Crore
D. ₹1,800 Crore
E. ₹2,000 Crore​

Answer: C. ₹1,600 Crore

Explanation: 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


4. Which scheme aims to provide an integrated package of services, including crèche facilities for children of working mothers?​

A. Palna Scheme
B. Beti Bachao Beti Padhao
C. Mid-Day Meal Scheme
D. Sukanya Samriddhi Yojana
E. Janani Suraksha Yojana​

Answer: A. Palna Scheme

Explanation: 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


5. Which country built the world’s first 3D-printed train station?​

A. China
B. Germany
C. Japan
D. South Korea
E. France​

Answer: C. Japan

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


6. What was the Reserve Bank of India’s (RBI) policy stance in April 2025?​

A. Neutral
B. Accommodative
C. Hawkish
D. Tightening
E. Restrictive​

Answer: B. Accommodative

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


7. Which bank launched the ‘Elite Plus’ account targeting High Net-worth Individuals (HNIs)?​

A. State Bank of India
B. HDFC Bank
C. ICICI Bank
D. Bandhan Bank
E. Axis Bank

Answer: D. Bandhan Bank

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


8. What was the Asian Development Bank’s (ADB) revised GDP forecast for India in FY26?

A. 7.0%
B. 6.9%
C. 6.8%
D. 6.7%
E. 6.6%

Answer: D. 6.7%

Explanation: 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


9. Which Indian state received ₹1,600 crore under the M-CADWM scheme to boost irrigation infrastructure?

A. Punjab
B. Maharashtra
C. Madhya Pradesh
D. Telangana
E. Multiple States



Answer: E. Multiple States</br>

Explanation: 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.


10. The Ministry of Women and Child Development (MWCD) launched which initiative under Mission Shakti to ensure the safety and well-being of women and children?

A. Nirbhaya Bharat
B. Saksham Scheme
C. Shakti Suraksha
D. Shakti Sadan
E. Palna Scheme



Answer: E. Palna Scheme</br>

Explanation: 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.

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