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Daily Current Affairs
30 October, 2025
1. What percentage of India’s population is projected to be elderly (60+) by 2036?
A. 10%
B. 12%
C. 15%
D. 18%
E. 23%
Answer: C. 15%
Explanation: India’s elderly population is expected to reach 230 million, accounting for ~15% of the total population by 2036.
2. Which ministry is the nodal agency for elderly welfare in India?
A. Ministry of Health
B. Ministry of Home Affairs
C. Ministry of Social Justice & Empowerment
D. Ministry of Labour
E. NITI Aayog
Answer: C. Ministry of Social Justice & Empowerment
Explanation: MoSJE coordinates all major schemes like AVYAY, RVY, IPSrC, and the Senior Citizens Welfare Fund.
3. The RoDTEP Scheme primarily aims to refund which of the following?
A. Export profit losses
B. Agricultural subsidies
C. Duties & taxes not refunded by other mechanisms
D. GST paid by exporters
E. Customs duty on imports
Answer: C. Duties & taxes not refunded by other mechanisms
Explanation: RoDTEP refunds embedded taxes and levies that are not reimbursed through any other central, state, or local mechanism.
4. Which component of the National Blockchain Framework provides Blockchain-as-a-Service (BaaS)?
A. NBFLite
B. Praamaanik
C. SAGE Portal
D. Vishvasya Blockchain Stack
E. ICJS Chain
Answer: D. Vishvasya Blockchain Stack
Explanation: Vishvasya Stack is an indigenous modular platform offering BaaS, open APIs, and distributed deployment for government applications.
5. Under SEBI’s proposed MF reforms, statutory levies like GST and STT will be:
A. Included in TER
B. Included in exit load
C. Removed from TER calculation
D. Paid by brokers
E. Paid by investors separately at redemption
Answer: C. Removed from TER calculation
Explanation: SEBI proposes that statutory levies like GST, STT, CTT, and Stamp Duty should be disclosed separately, not included in TER.
6. RBI’s new remittance proposal mandates banks to reconcile Nostro accounts at intervals of:
A. 5 minutes
B. 15 minutes
C. 30 minutes
D. 1 hour
E. End of the day
Answer: C. 30 minutes
Explanation: RBI requires near real-time reconciliation with a maximum gap of 30 minutes to speed up inward remittances.
7. Which emerging feature of UPI focuses on integrating payments within chat applications?
A. UPI AutoPay
B. Conversational Chat & Pay
C. UPI Lite
D. Biometric UPI
E. Micro-EMI
Answer: B. Conversational Chat & Pay
Explanation: The Chat & Pay model enables payments within messaging apps for a seamless user journey.
8. What is the meaning of P2M transactions in the UPI ecosystem?
A. Person to Mobile
B. Payment to Merchant
C. Peer to Merchant
D. Person to Merchant
E. Pay to Market
Answer: D. Person to Merchant
Explanation: P2M refers to individual-to-business payments, such as payments to shops, utilities, and online merchants.
9. The objective of RoSCTL is related to which sector?
A. Agriculture
B. IT services
C. Pharmacy
D. Textile & Apparel
E. Automobiles
Answer: D. Textile & Apparel
Explanation: RoSCTL provides rebates of state & central levies mainly for the textile and apparel industry to boost exports.
10. Under the Nutrient Based Subsidy (NBS) Scheme, subsidies are provided on which basis?
A. Per fertilizer brand
B. Per 50-kg bag
C. Based on nutrient content (N, P, K, S)
D. Based on crop type
E. Subsidy directly to farmers’ bank accounts
Answer: C. Based on nutrient content (N, P, K, S)
Explanation: NBS provides a fixed â‚ą/kg subsidy for each nutrient, promoting balanced fertilizer use and efficiency.
