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Daily Quiz: 28 June 2025

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1. What is the deadline set for India and the U.S. to finalize the mini trade deal before the reimposition of tariffs?

A. July 1
B. July 8
C. July 15
D. June 30
E. August 1

Answer: B. July 8

Explanation: The trade deal must be finalized by July 8, 2025, to avoid the U.S. reimposing a 26% tariff on Indian exports starting July 9.

2. India’s rank in the 2025 Sustainable Development Report released by SDSN is:

A. 101
B. 85
C. 110
D. 99
E. 78

Answer: D. 99

Explanation: India ranked 99th out of 167 countries in the 2025 SDSN Sustainable Development Report, showing improvement from its 110th position in 2016.

3. What is the primary goal of the Uniform Renewable Energy Tariff (URET)?

A. Increase fossil fuel imports
B. Encourage state-specific power pricing
C. Create a single tariff rate for renewable energy
D. Reduce taxes on solar panels
E. Subsidize electric vehicles

Answer: C. Create a single tariff rate for renewable energy

Explanation: The URET aims to create a standardized, pooled tariff for renewable energy to streamline power procurement and reduce delays in PPA agreements.

4. The revamped Sugamya Bharat App includes which of the following new features?

A. Gaming module
B. AI-powered chatbot
C. Cryptocurrency wallet
D. AR-based navigation
E. Digital wallet for pensioners

Answer: B. AI-powered chatbot

Explanation: The new version of the Sugamya Bharat App includes an AI-powered chatbot, improved UI, and geo-tagged reporting for accessibility issues.

5. The Adi Karmyogi Programme is primarily focused on:

A. Military training in border areas
B. Urban smart city development
C. Capacity-building of tribal officials
D. E-commerce training for farmers
E. Industrial skill development for youth

Answer: C. Capacity-building of tribal officials

Explanation: The Adi Karmyogi Programme aims to build a cadre of motivated, empathetic field officials for tribal development in over 1 lakh villages.

6. Which of the following was a key reason behind the decline in share buybacks in 2025?

A. Reduction in corporate taxes
B. Ban on dividend payments
C. New tax burden shifted to shareholders
D. High inflation rate
E. Stock market crash

Answer: C. New tax burden shifted to shareholders

Explanation: Under new rules, shareholders pay capital gains tax on buybacks, reducing their attractiveness and causing fewer buyback offers.

7. What major action did SEBI take against market manipulation in June 2025?

A. Froze all trading activities
B. Banned social media stock tips
C. Conducted raids related to pump and dump schemes
D. Legalized insider trading under scrutiny
E. Introduced new tax on trading

Answer: C. Conducted raids related to pump and dump schemes

Explanation: SEBI launched search and seizure operations to tackle fraudulent “pump and dump” stock schemes manipulating retail investors.

8. RBI’s new guidelines for AePS Operators will become effective from:

A. July 1, 2025
B. October 1, 2025
C. January 1, 2026
D. August 15, 2025
E. December 31, 2025

Answer: C. January 1, 2026

Explanation: The final RBI guidelines for KYC and due diligence of AePS Operators will be enforced from January 1, 2026.

9. As per the latest NSO report, which state had the highest share in GVO of condiments and spices in 2023–24?

A. Gujarat
B. Kerala
C. Karnataka
D. Madhya Pradesh
E. Andhra Pradesh

Answer: D. Madhya Pradesh

Explanation: Madhya Pradesh led with a 19.2% share in the Gross Value of Output (GVO) for condiments and spices in 2023–24.

10. Which crop surpassed mango in total fruit output value in India for 2023–24?

A. Apple
B. Grapes
C. Banana
D. Orange
E. Papaya

Answer: C. Banana

Explanation: Banana overtook mango in total fruit output value, becoming the top fruit crop by GVO in 2023–24.

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