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Daily Quiz: 25 April 2025

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1. Which index has been introduced to assess the performance of Panchayats in achieving Sustainable Development Goals (SDGs)?​

  • A) Panchayat Development Index
  • B) Rural Progress Index
  • C) Panchayat Advancement Index
  • D) Village Empowerment Index
  • E) Gram Panchayat Performance Index​

Answer: C) Panchayat Advancement Index
Explanation: The Panchayat Advancement Index (PAI) has been introduced to evaluate the performance of Panchayats in achieving the Sustainable Development Goals (SDGs), focusing on local governance and development.

​

​2. What initiative has been launched to provide athletes with digital access to their documents?​

  • A) DigiSports Locker
  • B) Athlete e-Docs
  • C) DigiLocker for Athletes
  • D) Sports Document Vault
  • E) e-Athlete Locker​

Answer: C) DigiLocker for Athletes
Explanation: The DigiLocker initiative has been extended to athletes, allowing them to access and manage their important documents digitally, enhancing convenience and reducing paperwork.

​

​3. Which organization has directed crypto exchanges in India to redo Know Your Customer (KYC) processes by June 30, 2025?​

  • A) Reserve Bank of India (RBI)
  • B) Securities and Exchange Board of India (SEBI)
  • C) Financial Intelligence Unit-India (FIU-IND)
  • D) Ministry of Finance
  • E) National Payments Corporation of India (NPCI)​

Answer: C) Financial Intelligence Unit-India (FIU-IND)
Explanation: FIU-IND has mandated crypto exchanges to redo their KYC processes by June 30, 2025, to enhance compliance and prevent financial crimes.

​

​4. How much gold did the Reserve Bank of India (RBI) purchase in FY25?​

  • A) 45.0 tonnes
  • B) 50.5 tonnes
  • C) 57.5 tonnes
  • D) 60.0 tonnes
  • E) 65.5 tonnes​

Answer: C) 57.5 tonnes
Explanation: The RBI purchased 57.5 tonnes of gold in FY25 to diversify its reserves and strengthen the country’s financial stability.

​

​5. What is the primary concern affecting private investment in India, as highlighted in recent reports?​

  • A) High inflation rates
  • B) Regulatory hurdles
  • C) Global economic slowdown
  • D) Emerging tariff scenarios
  • E) Currency fluctuations​

Answer: D) Emerging tariff scenarios
Explanation: Emerging tariff scenarios have created uncertainties, impacting private investment decisions in India due to potential changes in trade dynamics.

​

​6. What has been the trend in External Commercial Borrowing (ECB) inflows in India recently?​

  • A) Significant increase
  • B) Moderate increase
  • C) No change
  • D) Moderate decrease
  • E) Significant decrease​

Answer: A) Significant increase
Explanation: India has witnessed a significant increase in ECB inflows, driven by favorable global interest rates and investor confidence.

​

​7. What tax rate has the Central Board of Direct Taxes (CBDT) notified for Tax Collected at Source (TCS) on certain foreign remittances?​

  • A) 0.5%
  • B) 1%
  • C) 2%
  • D) 5%
  • E) 10%​

Answer: B) 1%
Explanation: The CBDT has notified a 1% TCS rate on certain foreign remittances to streamline tax collection and enhance compliance.

​

8. Which crop’s cultivation is being promoted through government incentives in the 2025 Kharif season?​

  • A) Rice
  • B) Wheat
  • C) Pulses
  • D) Sugarcane
  • E) Cotton​

Answer: C) Pulses
Explanation: The government is promoting the cultivation of pulses in the 2025 Kharif season through incentives to boost production and reduce import dependency.

​

​9. What is the anticipated impact of the 2025 monsoon on India’s agricultural output?​

  • A) Below-average rainfall leading to reduced output
  • B) Normal monsoon supporting stable output
  • C) Excessive rainfall causing crop damage
  • D) Delayed monsoon affecting sowing
  • E) Erratic monsoon patterns leading to uncertainty​

Answer: B) Normal monsoon supporting stable output
Explanation: The 2025 monsoon is forecasted to be normal, which is expected to support stable agricultural production and help control food inflation.

​

​10. The Ministry of Agriculture recently launched which scheme to promote sustainable farming and reduce input costs?​

  • A) PM-KISAN Advance
  • B) Krishi Unnati Yojana
  • C) Atmanirbhar Krishi Mission
  • D) PM-PRANAM
  • E) Jal Kranti Abhiyan​

Answer: D) PM-PRANAM
Explanation: PM-PRANAM (PM Programme for Restoration, Awareness, Nourishment and Amelioration of Mother Earth) is a government initiative aimed at promoting sustainable agriculture by reducing the use of chemical fertilizers and encouraging organic practices.

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