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Daily Current Affairs
11 July June, 2025
1. What is the main objective of the TALASH initiative launched by the Ministry of Tribal Affairs?
A. Promote sports among tribal students
B. Provide free food and accommodation
C. Offer psychometric testing and life skills training
D. Establish tribal language training centers
E. Conduct cultural awareness camps
Answer: C. Offer psychometric testing and life skills training
Explanation: The TALASH initiative (Tribal Aptitude, Life Skills, and Self-Esteem Hub) is designed to provide psychometric assessments, career counselling, and life-skills training for tribal students in Eklavya Model Residential Schools (EMRSs).
2. Which institution collaborated with the Ministry of Tribal Affairs to launch the TALASH platform?
A. World Bank
B. UNICEF India
C. WHO
D. IIT-Delhi
E. NITI Aayog
Answer: B. UNICEF India
Explanation: The TALASH initiative is a joint project between the Ministry of Tribal Affairs and UNICEF India to support holistic education and personal development of tribal students.
3. What is the aim of the Aadi KARMAYOGI Mission launched in Bengaluru?
A. Provide internet access to tribal areas
B. Train 20 lakh tribal governance functionaries
C. Build tribal heritage museums
D. Launch tribal e-commerce platforms
E. Offer free transport to tribal students
Answer: B. Train 20 lakh tribal governance functionaries
Explanation: The Aadi KARMAYOGI mission is a tribal responsive governance programme that aims to build a cadre of 20 lakh grassroots tribal changemakers for last-mile governance.
4. Which platform is cited by the IMF as the world’s most rapidly adopted real-time payment system?
A. BHIM
B. IMPS
C. UPI
D. NEFT
E. RTGS
Answer: C. UPI
Explanation: The IMF report acknowledges UPI (Unified Payments Interface) as the fastest-growing and most widely adopted real-time payment platform globally, processing over 18 billion transactions per month.
5. What is the Finance Ministry’s primary reason for seeking control over the NHCX platform?
A. Expand rural insurance coverage
B. Launch a new government health scheme
C. Ensure transparency and fair billing
D. Reduce health premiums
E. Ban private insurance players
Answer: C. Ensure transparency and fair billing
Explanation: The Department of Financial Services wants the National Health Claims Exchange (NHCX) regulated by IRDAI to ensure greater transparency, eliminate inflated medical bills, and balance insurer-provider relationships.
6. What type of investment vehicle is the SBI Mutual Fund’s newly launched SIF?
A. Low-risk savings bonds
B. Gold Exchange Traded Funds
C. Specialised Investment Funds
D. Traditional SIPs
E. Government securities
Answer: C. Specialised Investment Funds
Explanation: SBI Mutual Fund has entered the SIF (Specialised Investment Fund) space, offering advanced, flexible investment strategies under its Magnum brand, targeted at experienced investors.
7. What financial concern was raised about the RBI’s current liquidity situation in mid-2025?
A. Excessive foreign borrowing
B. High repo rate volatility
C. Surplus liquidity creating inflation risk
D. Lack of forex reserves
E. Banking strike
Answer: C. Surplus liquidity creating inflation risk
Explanation: The RBI’s liquidity surplus (~â‚ą3–4 trillion) could lead to inflationary pressure and misallocation of credit, prompting calls for clearer liquidity targets and better tools.
8. What does e-NAM aim to achieve by adding new region-specific commodities?
A. Increase food exports
B. Reduce agricultural subsidies
C. Improve market access and price realisation for farmers
D. Promote GMO crops
E. Launch farm mechanization
Answer: C. Improve market access and price realisation for farmers
Explanation: By adding seven new commodities, e-NAM enhances digital trading, helping farmers gain better market access and pricing. The total listed products now reach 238.
9. What is the AMED API launched by Google designed to monitor?
A. Bank frauds
B. Weather forecasts
C. Agricultural activity and crop status
D. Urban air quality
E. Forest fire alerts
Answer: C. Agricultural activity and crop status
Explanation: Google launched the AMED (Agricultural Monitoring and Event Detection) API to track crop and field activity in real time, helping enhance climate resilience and productivity.
10. What is front-running, as mentioned in SEBI’s case against Sanjiv Bhasin?
A. Insider trading with foreign currency
B. Unauthorized short selling
C. Trading before making stock recommendations
D. Using fake identities in the market
E. Issuing false financial reports
Answer: C. Trading before making stock recommendations
Explanation: Front-running involves executing trades before making public stock tips to benefit from expected price movements. SEBI accused Bhasin of this in its market manipulation investigation.
