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Daily Current Affairs
13 March, 2025
1. What is the primary objective of India’s security cooperation with Mauritius?
A) Promote cultural exchange programs
B) Strengthen Mauritius’ maritime security and counter piracy
C) Establish free trade agreements with Mauritius
D) Support China’s Belt and Road Initiative
E) Expand India’s tourism industry
Answer: B) Strengthen Mauritius’ maritime security and counter piracy
Explanation: India is enhancing Mauritius’ security infrastructure by supporting the establishment of a Police Academy and a Maritime Information Sharing Centre to counter piracy and boost maritime security, as part of its Indian Ocean strategy.
2. How does the Jio-Starlink partnership benefit India?
A) Increases rural connectivity and improves digital infrastructure
B) Reduces competition in India’s telecom sector
C) Eliminates the need for fiber-optic networks
D) Strengthens India’s steel manufacturing industry
E) Limits foreign investments in telecom
Answer: A) Increases rural connectivity and improves digital infrastructure
Explanation: The Jio-Starlink partnership aims to enhance India’s digital infrastructure, particularly in remote areas, by providing satellite-based internet services. This will complement JioFiber and JioAirFiber, improving connectivity nationwide.
3. What is the impact of the US’s 25% tariff on steel and aluminum imports for India?
A) No impact as India does not export steel to the US
B) Severe impact on all Indian steel producers
C) Affects MSMEs exporting stainless and industrial-use steel while carbon steel producers face minimal impact
D) Leads to a complete ban on Indian steel exports
E) Strengthens India’s steel industry
Answer: C) Affects MSMEs exporting stainless and industrial-use steel while carbon steel producers face minimal impact
Explanation: While MSMEs relying on steel exports to the US will suffer, India imports more raw steel from the US than it exports, reducing the overall impact.
4. What is the main concern of Sri Lanka regarding the Palk Bay fisheries dispute?
A) Indian fishermen stealing their fishing boats
B) Illegal bottom trawling by Indian fishermen affecting marine ecology
C) Increased trade restrictions between India and Sri Lanka
D) Lack of skilled Sri Lankan fishermen
E) Decline in international fishing agreements
Answer: B) Illegal bottom trawling by Indian fishermen affecting marine ecology
Explanation: Sri Lanka has raised concerns over Indian fishermen using bottom trawling, which damages marine biodiversity and creates economic disparity between Indian and Sri Lankan fishermen.
5. How is Indian Railways contributing to Mission Amrit Sarovar?
A) Constructing dams to conserve rainwater
B) Recycling soil from railway excavation for pond creation
C) Installing water purifiers in railway stations
D) Reducing ticket prices for areas with water shortages
E) Stopping railway expansion to protect natural water bodies
Answer: B) Recycling soil from railway excavation for pond creation
Explanation: Indian Railways is utilizing excavation soil from infrastructure projects to develop ponds under Mission Amrit Sarovar, aiming to improve groundwater levels and support rural livelihoods.
6. Why is the APAAR ID facing controversy?
A) It provides inaccurate academic records
B) It is mandatory despite claims of being voluntary
C) It increases student loan interest rates
D) It replaces Aadhaar as the only identification system
E) It is not recognized by Indian universities
Answer: B) It is mandatory despite claims of being voluntary
Explanation: Though APAAR ID is officially voluntary, schools are reportedly enforcing mandatory registration, raising concerns over privacy, Aadhaar dependency, and legal conflicts.
7. Why were LIC, GIC Re, and New India Assurance retained as Domestic Systemically Important Insurers (D-SIIs)?
A) Their high market share makes them essential for economic stability
B) They offer the highest interest rates in India
C) They have the lowest claim settlement ratio
D) They are private-sector leaders in insurance
E) They are the only insurance companies in India
Answer: A) Their high market share makes them essential for economic stability
Explanation: D-SIIs are entities whose failure could disrupt the financial system, requiring enhanced regulatory oversight due to their market importance.
8. What is the significance of India’s digital economy growth?
A) India is the world’s largest digital economy
B) Digital adoption is still lagging despite rapid economic growth
C) Internet penetration in India is higher than the global median
D) Smartphone penetration in India is above 90%
E) Digital payments are banned in rural India
Answer: B) Digital adoption is still lagging despite rapid economic growth
Explanation: Despite being the world’s third-largest digital economy, India has lower internet access (58%) and e-commerce adoption (28%) compared to global standards, requiring policy support to enhance digital literacy and connectivity.
9. What is a key challenge to India maintaining 6.5%+ GDP growth?
A) Excessive government savings
B) Weak private consumption and fiscal constraints
C) Overinvestment in public sector projects
D) Falling global demand for Indian software services
E) Rapid inflation
Answer: B) Weak private consumption and fiscal constraints
Explanation: Despite positive GDP growth, weak consumer demand and government budget limitations are challenges India must address to sustain long-term economic momentum.
10. What is a key solution to tackling global tax evasion?
A) Encouraging tax havens for economic development
B) Implementing stronger tax transparency laws and international cooperation
C) Reducing tax rates for multinational corporations
D) Increasing corporate anonymity in financial transactions
E) Eliminating tax collection altogether
Answer: B) Implementing stronger tax transparency laws and international cooperation
Explanation: MNCs and high-net-worth individuals use tax havens to evade taxes, reducing government revenues. Strengthening global tax regulations and cooperation can mitigate this issue.
