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Daily Current Affairs
15 May, 2025
1. Which country did India express concerns over regarding the U.S. President’s claim of mediating a ceasefire on May 10, 2025?
- A. China
- B. Pakistan
- C. Bangladesh
- D. Nepal
- E. Sri Lanka
Answer: B. Pakistan
Explanation: India expressed concerns over the U.S. President’s claim of mediating a ceasefire between India and Pakistan on May 10, 2025, emphasizing that such matters are bilateral and should not involve third-party mediation.
2. What was India’s official position regarding the U.S. President’s claim about the May 10 ceasefire?
- A. Welcomed the mediation
- B. Denied any third-party involvement
- C. Requested further talks with the U.S.
- D. Sought UN intervention
- E. Imposed sanctions on Pakistan
Answer: B. Denied any third-party involvement
Explanation: India maintained that the ceasefire with Pakistan was a bilateral matter and denied any third-party involvement, including mediation by the U.S. President.
3. Which Indian financial institution convened on May 15, 2025, to review the Economic Capital Framework (ECF)?
- A. State Bank of India
- B. Reserve Bank of India
- C. Securities and Exchange Board of India
- D. Ministry of Finance
- E. NITI Aayog
Answer: B. Reserve Bank of India
Explanation: The Reserve Bank of India’s Central Board met on May 15, 2025, to review the Economic Capital Framework, which determines the surplus transfer to the government.
4. What is the primary purpose of the Economic Capital Framework (ECF) reviewed by the RBI?
- A. Regulate stock markets
- B. Determine interest rates
- C. Assess the RBI’s capital requirements and surplus distribution
- D. Monitor inflation targets
- E. Manage foreign exchange reserves
Answer: C. Assess the RBI’s capital requirements and surplus distribution
Explanation: The Economic Capital Framework is used by the RBI to assess its capital requirements and decide on the surplus amount to be transferred to the government.
5. Which sector did the Indian government focus on to boost economic growth as per the May 15, 2025, current affairs?
- A. Agriculture
- B. Manufacturing
- C. Services
- D. Infrastructure
- E. Information Technology
Answer: D. Infrastructure
Explanation: The Indian government emphasized the development of infrastructure to stimulate economic growth, recognizing its multiplier effect on various sectors.
6. What is the expected impact of increased infrastructure spending on the Indian economy?
- A. Decrease in employment
- B. Reduction in GDP
- C. Stimulation of economic growth
- D. Increase in inflation
- E. Decline in foreign investment
Answer: C. Stimulation of economic growth
Explanation: Increased infrastructure spending is expected to stimulate economic growth by creating jobs, enhancing productivity, and attracting investments.
7. Which state launched a new agricultural policy on May 15, 2025, aiming to double farmers’ income?
- A. Punjab
- B. Maharashtra
- C. Rajasthan
- D. Uttar Pradesh
- E. Gujarat
Answer: C. Rajasthan
Explanation: Rajasthan launched a new agricultural policy on May 15, 2025, with the objective of doubling farmers’ income through various initiatives and support mechanisms.
8. What is one of the key features of Rajasthan’s new agricultural policy introduced in May 2025?
- A. Reduction in fertilizer subsidies
- B. Introduction of genetically modified crops
- C. Promotion of organic farming
- D. Ban on pesticide usage
- E. Import of agricultural machinery
Answer: C. Promotion of organic farming
Explanation: One of the key features of Rajasthan’s new agricultural policy is the promotion of organic farming to ensure sustainable agriculture and better market prices for farmers.
9. Which Indian space agency announced a new satellite launch scheduled for June 2025?
- A. DRDO
- B. ISRO
- C. NASA
- D. SpaceX
- E. Roscosmos
Answer: B. ISRO
Explanation: The Indian Space Research Organisation (ISRO) announced a new satellite launch scheduled for June 2025, aiming to enhance communication and observation capabilities.
10. What is the primary objective of ISRO’s upcoming satellite launch in June 2025?
- A. Mars exploration
- B. Lunar mission
- C. Earth observation and communication enhancement
- D. Asteroid mining
- E. Space tourism
Answer: C. Earth observation and communication enhancement
Explanation: The primary objective of ISRO’s upcoming satellite launch is to enhance earth observation and communication capabilities, supporting various applications like weather forecasting and disaster management.
