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Daily Current Affairs
10 April, 2025
1. Which country imposed a 34% tariff on all U.S. imports beginning April 10, 2025, in retaliation to U.S. tariffs?ā
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. āRBI & NABARD Prep PlatformRBI & NABARD Prep Platform
2. What action did the European Union take in response to U.S. tariffs on its products?ā
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 goodsā
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. āRBI & NABARD Prep Platform
3. What is the total cost approved by the Indian Cabinet for the M-CADWM scheme to boost irrigation infrastructure?ā
A. ā¹1,200 Crore
B. ā¹1,400 Crore
C. ā¹1,600 Crore
D. ā¹1,800 Crore
E. ā¹2,000 Croreā
Answer: C. ā¹1,600 Crore
Explanation: The Indian Cabinet approved the Modified Command Area Development and Water Management (M-CADWM) scheme with a total cost of ā¹1,600 Crore to enhance irrigation infrastructure. āRBI & NABARD Prep Platform+3RBI & NABARD Prep Platform+3RBI & NABARD Prep Platform+3
4. Which scheme aims to provide an integrated package of services, including crĆØche facilities for children of working mothers?ā
A. Palna Scheme
B. Beti Bachao Beti Padhao
C. Mid-Day Meal Scheme
D. Sukanya Samriddhi Yojana
E. Janani Suraksha Yojanaā
Answer: A. Palna Scheme
Explanation: The Palna Scheme is designed to provide an integrated package of services, including crĆØche facilities, to support working mothers and ensure child care. āRBI & NABARD Prep Platform
5. Which country built the world’s first 3D-printed train station?ā
A. China
B. Germany
C. Japan
D. South Korea
E. Franceā
Answer: C. Japan
Explanation: Japan constructed the world’s first 3D-printed train station, showcasing advancements in construction technology and innovation. ā
6. What was the Reserve Bank of India’s (RBI) policy stance in April 2025?ā
A. Neutral
B. Accommodative
C. Hawkish
D. Tightening
E. Restrictiveā
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. ā
7. Which bank launched the ‘Elite Plus’ account targeting High Net-worth Individuals (HNIs)?ā
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. āRBI & 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. āRBI & NABARD Prep Platform+2Ground News+2Business & Finance News+2
9. Which Indian state received ā¹1,600 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 ā¹1,600 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 crĆØche facilities and essential services to support working mothers and ensure the well-being of their children.
