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Daily Quiz: 18 January 2025

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1. What percentage of global container traffic passes through the Indian Ocean Region (IOR)?

  1. 50%
  2. 60%
  3. 70%
  4. 80%
  5. 90%

Answer: 3. 70%
Explanation: The Indian Ocean Region (IOR) is a critical maritime trade route, facilitating 70% of global container traffic. It plays a pivotal role in global trade and energy security.


2. What is the primary goal of the National Broadband Mission 2.0?

  1. Provide broadband to 100,000 villages.
  2. Increase broadband speeds in urban areas.
  3. Provide broadband to 170,000 villages at 100 Mbps speed.
  4. Build a nationwide public Wi-Fi network.
  5. Introduce 5G connectivity across India.

Answer: 3. Provide broadband to 170,000 villages at 100 Mbps speed.
Explanation: The mission aims to improve rural connectivity by providing broadband access with a minimum speed of 100 Mbps in 170,000 villages, enhancing digital infrastructure.


3. Which of the following is a major cause of anemia in India, apart from iron deficiency?

  1. Vitamin B12 deficiency
  2. High cholesterol
  3. Diabetes
  4. Overhydration
  5. Vitamin D deficiency

Answer: 1. Vitamin B12 deficiency
Explanation: Recent studies indicate that anemia in India is not solely due to iron deficiency but also involves Vitamin B12 deficiency, along with factors like air pollution and poor hygiene.


4. What is the validity period of the registration for Local Cable Operators under the amended Cable Television Network Rules 2025?

  1. 2 years
  2. 3 years
  3. 4 years
  4. 5 years
  5. 6 years

Answer: 4. 5 years
Explanation: The Cable Television Network Rules Amendment 2025 extends the validity of Local Cable Operator registrations to five years, simplifying the renewal process.


5. Which of the following is NOT a government initiative aimed at elderly care in India?

  1. SACRED Portal
  2. Rashtriya Vayoshree Yojana
  3. Elder Line
  4. Ayushman Bharat
  5. PM-WANI

Answer: 5. PM-WANI
Explanation: PM-WANI promotes public Wi-Fi networks, whereas the other schemes like SACRED Portal and Elder Line focus on elderly care and support.


6. What is the primary purpose of the SVAMITVA Scheme?

  1. Promote digital literacy in rural areas.
  2. Provide property ownership rights in rural areas.
  3. Enhance agricultural productivity.
  4. Strengthen rural healthcare.
  5. Establish rural broadband connectivity.

Answer: 2. Provide property ownership rights in rural areas.
Explanation: The SVAMITVA Scheme uses drone and GIS technology to map rural lands and issue property ownership cards, reducing disputes and improving financial inclusion.


7. Which of the following correctly represents the Gross Value Added (GVA) formula?

  1. GVA = GDP – Taxes on Products
  2. GVA = GDP + Taxes on Products – Subsidies
  3. GVA = GDP + Subsidies on Products – Taxes on Products
  4. GVA = GDP – Subsidies on Products
  5. GVA = GDP + Net Exports

Answer: 3. GVA = GDP + Subsidies on Products – Taxes on Products
Explanation: GVA measures the value of goods and services produced in an economy, calculated by adding subsidies and deducting taxes from GDP.


8. What is the predicted GDP growth rate for India in FY26–27 according to the IMF?

  1. 5.5%
  2. 6.0%
  3. 6.5%
  4. 6.7%
  5. 7.0%

Answer: 3. 6.5%
Explanation: The International Monetary Fund (IMF) projects India’s GDP growth rate at 6.5% for FY26–27, highlighting sustained economic growth despite challenges.


9. Which of the following types of NRI deposits is denominated in foreign currencies?

  1. FCNR
  2. NRE
  3. NRO
  4. DEMAT
  5. FPI

Answer: 1. FCNR
Explanation: Foreign Currency Non-Resident (FCNR) deposits are fixed deposits maintained in foreign currencies, protecting against exchange rate fluctuations.


10. What is one major challenge identified in the RBI report on foreign exchange interventions?

  1. Currency appreciation due to capital outflows.
  2. Currency depreciation due to high domestic inflation.
  3. Volatility caused by global capital flows.
  4. High interest rates impacting investments.
  5. Declining trade surplus.

Answer: 3. Volatility caused by global capital flows.
Explanation: The RBI report highlights that global capital flows can cause exchange rate volatility, affecting economic stability, necessitating effective interventions.

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