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Daily Current Affairs
12 June, 2025
1. Which technical issue caused the SpaceX Falcon 9 booster to leak before the Ax‑4 mission?
A) RP‑1 fuel leak
B) LOx (liquid oxygen) leak
C) hydraulic fluid leak
D) helium tank leak
E) nitrogen purge leak
Answer: B) LOx (liquid oxygen) leak
Explanation: During post-static-fire testing, a leak of liquid oxygen (LOx) was detected in the Falcon 9 booster, forcing a delay in the Ax‑4 mission.
2. Who is the first “Gaganyatri” aboard the Ax‑4 mission?
A) Wing Commander Anjali Singh
B) Group Captain Shubhanshu Shukla
C) Squadron Leader Rahul Verma
D) Air Commodore Pradeep Kumar
E) Flight Lieutenant Neha Patel
Answer: B) Group Captain Shubhanshu Shukla
Explanation: Group Captain Shubhanshu Shukla was set to be the first “Gaganyatri”—an Indian private astronaut—on the Axiom Space Ax‑4 mission.
3. Which sector in India experienced a 13.9% drop in Gross Loan Portfolio, as flagged by RBI?
A) Housing finance
B) Microfinance
C) Agricultural credit
D) Small & medium enterprises (SME)
E) Retail banking
Answer: B) Microfinance
Explanation: RBI reported that the microfinance sector’s Gross Loan Portfolio fell by 13.9%, indicating significant stress.
4. How much did NPAs in the Indian microfinance sector exceed, according to RBI?
A) ₹15,000 crore
B) ₹30,000 crore
C) ₹55,000 crore
D) ₹75,000 crore
E) ₹100,000 crore
Answer: C) ₹55,000 crore
Explanation: RBI flagged that non-performing assets in microfinance had crossed ₹55,000 crore.
5. What verification tool will SEBI-registered intermediaries need to display for UPI handles by October 1, 2025?
A) Blue tick
B) Verified banner
C) Green tick
D) Shield icon
E) SEBI badge
Answer: C) Green tick
Explanation: SEBI mandated verified “@valid” UPI handles with a green tick to confirm authenticity by Oct 1, 2025.
6. What new financial product did NSE receive approval for from SEBI?
A) Weekly crude oil futures
B) Monthly electricity futures
C) Gold spot trading
D) Currency swap futures
E) Carbon credit futures
Answer: B) Monthly electricity futures
Explanation: SEBI approved NSE’s launch of monthly electricity futures aimed at improving risk management and market depth.
7. What consequence did MTNL default on ₹8,300 crore in loans prompt?
A) Jail indictments
B) Shareholder takeover
C) PSB debt restructuring
D) Immediate bankruptcy
E) Asset nationalization
Answer: C) PSB debt restructuring
Explanation: In response to MTNL’s default, public sector banks initiated debt-to-equity swaps, asset monetisation, and restructuring.
8. What innovative method will be used for Kharif acreage estimation this year?
A) Ground surveys only
B) Satellite-based data
C) Farmer self-reporting
D) UAV (drone) analysis
E) Tractor GPS tracking
Answer: B) Satellite-based data
Explanation: For the first time, India will use satellite imagery (instead of manual girdawari) to estimate Kharif crop acreage.
9. Under PMFBY, what tech is used in the CROPIC scheme for real-time crop monitoring?
A) Blockchain
B) AI analysis of geo-tagged photos
C) Satellite NDVI indices only
D) Drone-based imaging
E) Soil moisture sensors
Answer: B) AI analysis of geo-tagged photos
Explanation: The CROPIC scheme uses artificial intelligence on farmer-uploaded, geo-tagged photos to monitor crop health and speed insurance claims processing.
10. What approach is planned for fertilizer subsidy distribution according to region-specific needs?
A) Flat national subsidy
B) POS-based village allocation with subsidy caps
C) Seasonal voucher system
D) Wholesale-only distribution
E) Farm cooperatives only
Answer: B) POS-based village allocation with subsidy caps
Explanation: The government aims to introduce region-wise fertilizer allocation, subsidy caps, and POS-based village distribution to optimize usage and limit spending.
