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Daily Current Affairs
29 March, 2025
1. What is the average tariff India imposes on U.S. agricultural imports?
a) 10%
b) 20%
c) 30%
d) 40%
e) 50%
Answer: d) 40%
Explanation: India charges an average tariff of 40% on U.S. agricultural imports, creating a significant tariff gap compared to the 2.9% tariff imposed by the U.S. on Indian agricultural exports. ​C4S Courses
2. Which Indian organization analyzed the country’s strengths and weaknesses in response to U.S. reciprocal tariffs?
a) Reserve Bank of India (RBI)
b) NITI Aayog
c) Ministry of Commerce
d) Federation of Indian Chambers of Commerce & Industry (FICCI)
e) Confederation of Indian Industry (CII)
Answer: b) NITI Aayog
Explanation: NITI Aayog conducted an analysis of India’s strengths and weaknesses concerning the U.S.’s stance on imposing reciprocal tariffs. ​
3. What is the primary purpose of the Indian Ports Bill 2025?
a) To privatize all Indian ports
b) To establish a uniform regulatory framework for port development
c) To increase tariffs on imported goods
d) To merge major and minor ports under a single authority
e) To promote foreign direct investment in port infrastructure
Answer: b) To establish a uniform regulatory framework for port development
Explanation: The Indian Ports Bill 2025 aims to create a standardized regulatory framework for the development and management of ports in India. ​C4S Courses
4. Which initiative is designed to register gig workers in India?
a) Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM)
b) eShram
c) Digital India
d) Skill India
e) Make in India
Answer: b) eShram
Explanation: The eShram portal is an initiative aimed at registering gig workers and providing them with social security benefits. ​
5. As of 2024, what is the reported percentage of women’s workforce participation in India according to the MoSPI report?
a) 15%
b) 20%
c) 25%
d) 30%
e) 35%
Answer: c) 25%
Explanation: The Ministry of Statistics and Programme Implementation (MoSPI) reported that women’s workforce participation in India rose to 25% in 2024. ​
6. What warning did the RBI Deputy Governor issue to Non-Banking Financial Companies (NBFCs)?
a) To increase interest rates
b) To expand their loan portfolios
c) To enhance risk management and ensure fair lending practices
d) To reduce their workforce
e) To invest more in government securities
Answer: c) To enhance risk management and ensure fair lending practices
Explanation: The RBI Deputy Governor advised NBFCs to strengthen their risk management frameworks and adhere to fair lending practices to maintain financial stability. ​
7. Which stock exchange submitted its response to SEBI regarding IPO readiness?
a) Bombay Stock Exchange (BSE)
b) National Stock Exchange (NSE)
c) Calcutta Stock Exchange (CSE)
d) Delhi Stock Exchange (DSE)
e) Multi Commodity Exchange (MCX)
Answer: b) National Stock Exchange (NSE)
Explanation: The NSE submitted its response to the Securities and Exchange Board of India (SEBI) concerning its preparedness for an Initial Public Offering (IPO). ​C4S Courses
8. What was the reported trend in India’s core sector growth in February 2025?
a) Reached a 12-month high
b) Remained stable with no significant change
c) Slowed to a 5-month low
d) Experienced the fastest growth in two years
e) Declined to the lowest point in a decade
Answer: c) Slowed to a 5-month low
Explanation: India’s core sector growth decelerated to a 5-month low in February 2025, indicating a slowdown in key infrastructure industries. ​C4S Courses
9. What is the focus of the Nutrient-Based Subsidy (NBS) for Kharif 2025-26?
a) To provide subsidies for organic farming practices
b) To promote the use of chemical pesticides
c) To subsidize specific nutrients in fertilizers
d) To offer direct cash transfers to farmers
e) To support mechanization in agriculture
Answer: c) To subsidize specific nutrients in fertilizers
Explanation: The Nutrient-Based Subsidy (NBS) scheme for Kharif 2025-26 aims to provide subsidies for specific nutrients in fertilizers to ensure balanced fertilization and improve agricultural productivity. ​C4S Courses+1C4S Courses+1
10. Which organization criticized the implementation of GST in its 19th report?
a) Reserve Bank of India (RBI)
b) NITI Aayog
c) Public Accounts Committee (PAC)
d) Ministry of Finance
e) Confederation of Indian Industry (CII)
Answer: c) Public Accounts Committee (PAC)
Explanation: The Public Accounts Committee (PAC) criticized the implementation of the Goods and Services Tax (GST) in its 19th report, highlighting issues related to financial.
