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Daily Quiz: 28 March 2025

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1. Which country announced a 25% tariff on imported vehicles effective April 3, 2025?

a) China
b) Germany
c) Japan
d) United States
e) Canada

Answer: d) United States

Explanation: U.S. President Donald Trump announced a 25% tariff on imported vehicles, aiming to revive U.S. manufacturing and reduce reliance on foreign imports.C4S Courses+1C4S Courses+1

2. Which organization expressed that the U.S. auto tariffs are “bad for businesses, worse for consumers”?

a) United Nations
b) World Trade Organization
c) European Commission
d) International Monetary Fund
e) World Bank

Answer: c) European Commission

Explanation: European Commission President Ursula von der Leyen stated that the U.S. tariffs are detrimental to businesses and consumers.C4S Courses

3. What is the primary purpose of the India-Myanmar Free Movement Regime (FMR)?

a) To facilitate trade between India and Myanmar
b) To allow visa-free movement for border communities
c) To establish military cooperation
d) To promote cultural exchanges
e) To regulate immigration policies

Answer: b) To allow visa-free movement for border communities

Explanation: The FMR permits residents of border areas to travel up to 16 km across the border without a visa, fostering social and economic ties.C4S Courses+5C4S Courses+5C4S Courses+5

4. Which Indian government portal faced legal challenges from the company X regarding data privacy concerns?

a) SAHYOG
b) SWAYAM
c) DIGILOCKER
d) BHIM
e) UMANG

Answer: a) SAHYOG

Explanation: X challenged the SAHYOG portal over data privacy and constitutional concerns, leading to legal disputes with the government.C4S Courses

5. As of 2025, which Sustainable Development Goal (SDG) area has India shown significant progress?

a) Gender Equality
b) Quality Education
c) Clean Water and Sanitation
d) Climate Action
e) Affordable and Clean Energy

Answer: e) Affordable and Clean Energy

Explanation: India has made notable advancements in providing affordable and clean energy, aligning with SDG 7 targets.C4S Courses+7C4S Courses+7C4S Courses+7

6. What is a major concern regarding the Immigration and Foreigners Bill, 2025, in India?

a) It restricts tourism
b) It imposes heavy taxes on immigrants
c) It includes controversial provisions affecting refugees
d) It simplifies the visa process excessively
e) It eliminates work permits for foreigners

Answer: c) It includes controversial provisions affecting refugees

Explanation: The bill has faced opposition due to provisions that could impact refugee rights and status in India.C4S Courses

7. Which financial institution’s Initial Public Offering (IPO) faced delays due to regulatory concerns in 2025?

a) Bombay Stock Exchange (BSE)
b) National Stock Exchange (NSE)
c) Reserve Bank of India (RBI)
d) Securities and Exchange Board of India (SEBI)
e) State Bank of India (SBI)

Answer: b) National Stock Exchange (NSE)

Explanation: The NSE’s IPO was delayed as SEBI raised concerns regarding certain compliance issues.C4S Courses

8. What policy change did the Reserve Bank of India (RBI) propose regarding foreign investment in listed firms in 2025?

a) Halving the foreign investment cap
b) Doubling the foreign investment cap
c) Eliminating the foreign investment cap
d) Restricting foreign investment to specific sectors
e) Introducing a new tax on foreign investments

Answer: b) Doubling the foreign investment cap

Explanation: The RBI planned to double the cap on foreign investments in listed firms to attract more foreign capital.C4S Courses

9. Which organization proposed the standardization of equity derivatives expiry days in 2025?

a) Reserve Bank of India (RBI)
b) National Stock Exchange (NSE)
c) Securities and Exchange Board of India (SEBI)
d) Bombay Stock Exchange (BSE)
e) Ministry of Finance

Answer: c) Securities and Exchange Board of India (SEBI)

Explanation: SEBI proposed standardizing the expiry days for equity derivatives to streamline market operations.C4S Courses

10. What challenge did India’s ATM network face in 2025?

a) Shortage of cash supply
b) Rising interchange fees
c) Cybersecurity threats
d) Decreasing number of ATMs
e) Increased maintenance costs

Answer: b) Rising interchange fees

Explanation: The ATM network faced challenges due to an increase in interchange fees, impacting the cost structure for banks and ATM operators.

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