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Daily Quiz: 27 March 2025

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1. According to the U.S. Intelligence Report released on March 27, 2025, which nation is identified as the primary global threat to U.S. national security?

A) Russia
B) North Korea
C) Iran
D) China
E) Syria

Answer: D) China

Explanation: The Annual Threat Assessment released on March 27, 2025, identifies China as the top global threat to U.S. national security, highlighting concerns over its growing influence and strategic ambitions.​C4S Courses

2. What is the primary objective of the proposed India-New Zealand Free Trade Agreement (FTA) discussed in March 2025?

A) To enhance military cooperation
B) To promote cultural exchange programs
C) To eliminate trade barriers and boost economic ties
D) To collaborate on environmental initiatives
E) To establish joint educational institutions

Answer: C) To eliminate trade barriers and boost economic ties

Explanation: The India-New Zealand Free Trade Agreement aims to eliminate trade barriers, thereby enhancing economic cooperation and increasing trade volume between the two nations.​

3. Which organization’s report highlighted concerns about India’s social welfare coverage in March 2025?

A) United Nations
B) International Labour Organization (ILO)
C) World Health Organization (WHO)
D) International Monetary Fund (IMF)
E) World Bank

Answer: B) International Labour Organization (ILO)

Explanation: In March 2025, the ILO released a report expressing concerns about the extent and effectiveness of India’s social welfare coverage, emphasizing the need for broader and more inclusive policies.​C4S Courses

4. What is the primary function of the GSAT-18 satellite discussed in March 2025?

A) Earth observation
B) Navigation services
C) Telecommunication services
D) Weather forecasting
E) Space exploration

Answer: C) Telecommunication services

Explanation: GSAT-18 is a communication satellite designed to provide telecommunication services, including television broadcasting and data relay, across India.​C4S Courses

5. Which technological advancement was highlighted in March 2025 for its potential to solve the neutrino mass mystery?

A) Development of quantum computers
B) Discovery of Majorana particles
C) Advances in superconductivity
D) Innovations in particle accelerators
E) Enhanced gravitational wave detectors

Answer: B) Discovery of Majorana particles

Explanation: The discovery of Majorana particles was emphasized in March 2025 as a significant step toward understanding the neutrino mass mystery, potentially offering insights into fundamental particle physics.​

6. What is the primary purpose of the Bedmap3 project discussed in March 2025?

A) Mapping the ocean floor
B) Charting the surface of Mars
C) Mapping Antarctica’s bedrock topography
D) Surveying the Moon’s surface
E) Creating a global vegetation map

Answer: C) Mapping Antarctica’s bedrock topography

Explanation: Bedmap3 is a project aimed at providing a detailed map of Antarctica’s bedrock topography, offering critical data for understanding ice sheet dynamics and predicting sea-level changes.​C4S Courses

7. What initiative did the GST Council propose in March 2025 to simplify compliance for taxpayers?

A) Introduction of a single tax rate
B) Implementation of a simplified return filing system
C) Exemption for small businesses
D) Reduction in tax slabs
E) Extension of filing deadlines

Answer: B) Implementation of a simplified return filing system

Explanation: In March 2025, the GST Council proposed a simplified return filing system to ease compliance burdens for taxpayers, aiming to make the process more efficient and user-friendly.​C4S Courses

8. Which regulatory body’s governor advocated for a balanced approach to Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) regulations in March 2025?

A) Securities and Exchange Board of India (SEBI)
B) Reserve Bank of India (RBI)
C) Insurance Regulatory and Development Authority of India (IRDAI)
D) Financial Intelligence Unit (FIU)
E) Ministry of Finance

Answer: B) Reserve Bank of India (RBI)

Explanation: The RBI Governor emphasized the need for a balanced approach to AML and CFT regulations in March 2025, highlighting the importance of effective oversight while minimizing compliance burdens on financial institutions.​

9. What significant ruling did the Supreme Court make in March 2025 regarding GST compliance?

A) Declared GST unconstitutional
B) Allowed retrospective claims of input tax credit
C) Extended deadlines for GST filings
D) Exempted small businesses from GST
E) Mandated uniform tax rates across states

Answer: B) Allowed retrospective claims of input tax credit

Explanation: In March 2025, the Supreme Court ruled that businesses could claim input tax credit retrospectively, providing relief to many taxpayers who had faced challenges due to earlier restrictions.​

10. Which bill, aimed at amending banking laws, was introduced in March 2025?

A) Banking Regulation (Amendment) Bill, 2025
B) Financial Institutions Reform Bill, 2025
C) Banking Laws (Amendment) Bill, 2024
D) National Banking Authority Bill, 2025
E) Banking Services Modernization Bill, 2025

Answer: C) Banking Laws (Amendment) Bill, 2024

Explanation: The Banking Laws (Amendment) Bill, 2024, was introduced to update and refine existing banking regulations, aiming to enhance the efficiency and stability of the financial sector.

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