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Daily Current Affairs
27 February, 2025
1. What is a key provision of the U.S.-Ukraine Economic Deal?
A) U.S. commitment to send 10,000 troops to Ukraine
B) Ukraine to supply rare earth minerals to the U.S.
C) Ukraine’s inclusion in NATO immediately
D) U.S. to write off all Ukrainian debt
E) Russia’s recognition of Ukraine’s sovereignty
Answer: B) Ukraine to supply rare earth minerals to the U.S.
Explanation: One of the critical aspects of the economic deal between the U.S. and Ukraine is granting the U.S. access to Ukraine’s rare earth minerals, essential for defense, electric vehicles, and semiconductors. This strengthens economic and defense ties between the two nations.
2. Why is the EU-India delegation significant?
A) It marks the EU’s largest trade delegation to India
B) It focuses solely on military cooperation
C) It aims to pressure India into stopping oil imports from Russia
D) It excludes discussions on trade and investment
E) It is an initiative for India to join the European Union
Answer: A) It marks the EU’s largest trade delegation to India
Explanation: The EU, led by Ursula von der Leyen, has sent its largest-ever delegation to India, signaling a strategic diplomatic engagement on trade, technology, and global political matters, while also addressing India’s stance on Ukraine.
3. What is the Carbon-Border Adjustment Mechanism (CBAM) introduced by the EU?
A) A tax on carbon-intensive imports
B) A subsidy for companies reducing carbon emissions
C) A ban on non-EU carbon-based goods
D) A financial incentive for green technology startups
E) A trade agreement between India and the EU
Answer: A) A tax on carbon-intensive imports
Explanation: CBAM is a policy by the EU that imposes carbon pricing on imports of emissions-intensive goods, aiming to prevent carbon leakage while ensuring environmental accountability from trade partners.
4. What is a potential concern regarding Trump’s ‘Gold Card’ Visa proposal?
A) It might encourage illegal immigration
B) It allows automatic U.S. citizenship
C) It could benefit Russian oligarchs
D) It restricts U.S. investors from investing abroad
E) It bans immigrants from certain countries
Answer: C) It could benefit Russian oligarchs
Explanation: Trump’s high-value ‘Gold Card’ visa targets wealthy individuals, potentially benefiting Russian oligarchs and other affluent foreign nationals, raising concerns about national security and ethics in immigration policy.
5. What is a major issue with maternity benefits in India under PMMVY?
A) Benefits are outdated and not inflation-adjusted
B) Maternity leave is completely absent
C) Only private-sector employees receive benefits
D) The program has been canceled
E) The scheme is only applicable in urban areas
Answer: A) Benefits are outdated and not inflation-adjusted
Explanation: Maternity benefits under PMMVY remain at outdated levels, failing to account for inflation, with many women receiving lower-than-expected financial support due to administrative inefficiencies.
6. What environmental impact is associated with coal power plants in India?
A) Increased oxygen levels in rural areas
B) Decrease in air pollution due to advanced technology
C) Reduced crop yields due to nitrogen dioxide emissions
D) Positive effects on forest conservation
E) Improvement in underground water quality
Answer: C) Reduced crop yields due to nitrogen dioxide emissions
Explanation: Coal-fired power plants release nitrogen dioxide (NOâ‚‚), which damages crops and reduces agricultural yields, particularly in states like West Bengal and Madhya Pradesh.
7. Why did RBI ease risk weight norms on bank loans to NBFCs?
A) To restrict lending to NBFCs
B) To reduce credit availability
C) To increase liquidity and ease credit flow
D) To impose higher capital requirements on banks
E) To encourage mergers between banks and NBFCs
Answer: C) To increase liquidity and ease credit flow
Explanation: RBI reversed its earlier decision to increase risk weights on bank loans to NBFCs, allowing for more credit availability, particularly benefiting microfinance and small-ticket lending sectors.
8. What is a key objective of UK-India trade agreements?
A) Reducing student visa approvals
B) Strengthening technology and life sciences investments
C) Eliminating tariffs on all UK exports
D) Limiting Indian businesses from operating in the UK
E) Preventing India from signing trade deals with other countries
Answer: B) Strengthening technology and life sciences investments
Explanation: UK-India trade agreements focus on sectors like technology, life sciences, and insurance, with India increasing FDI limits in certain areas and UK firms expanding their investments in India.
9. What is a major concern related to ethanol blending in India?
A) It reduces air pollution
B) It creates an oversupply of ethanol
C) It depletes water resources and causes pollution
D) It leads to higher petrol prices
E) It eliminates the need for fossil fuels entirely
Answer: C) It depletes water resources and causes pollution
Explanation: While ethanol blending is promoted for sustainability, environmental concerns include excessive water consumption, pollution from ethanol production, and protests over regulatory inaction.
10. How has Microsoft’s ‘Project Farm Vibes’ impacted agriculture in India?
A) Reduced crop yields by 40%
B) Increased fertilizer usage by 50%
C) Improved crop yield by 40% while reducing water and fertilizer use
D) Eliminated the need for manual farming
E) Stopped agricultural pollution completely
Answer: C) Improved crop yield by 40% while reducing water and fertilizer use
Explanation: Microsoft’s AI-driven farming tools have improved productivity while optimizing fertilizer and water usage, demonstrating significant potential for sustainable agricultural practices in India.
