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Daily Quiz: 4 July 2025

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1. What is a key objective of the National Sports Policy (NSP) 2025?

A. Promote religious harmony through sports
B. Increase sports betting revenues
C. Prepare India for the 2036 Olympics
D. Merge Khelo India with NEP
E. Discontinue traditional Indian games

Answer: C. Prepare India for the 2036 Olympics

Explanation: The NSP 2025 aims to transform India into a global sporting powerhouse and prepare the nation for the 2036 Olympics through grassroots-to-podium support and elite training.

2. Which institution has launched the BHARAT Study to create India-specific biomarkers for healthy ageing?

A. AIIMS Delhi
B. ICMR
C. NITI Aayog
D. IISc Bengaluru
E. TISS Mumbai

Answer: D. IISc Bengaluru

Explanation: The Indian Institute of Science (IISc) has launched the BHARAT Study to reduce misdiagnosis by creating ageing biomarkers tailored to Indian physiology and conditions.

3. As per the new National Sports Policy 2025, which traditional sport is being revived?

A. Snooker
B. Baseball
C. Kho-Kho
D. Chessboxing
E. Ultimate Frisbee

Answer: C. Kho-Kho

Explanation: Kho-Kho is one of the Indian traditional sports being revived under the NSP 2025, along with others like Mallakhamb.

4. According to the NITI Aayog report, what is India’s global share in chemical value chains currently?

A. 12%
B. 3.5%
C. 7%
D. 6.1%
E. 15%

Answer: B. 3.5%

Explanation: India currently has a 3.5% participation in the global chemical value chains, with plans to increase it significantly through mega clusters and incentives.

5. What is the proposed minimum SIP value under SEBI’s subsidised Chhoti SIP initiative?

A. ₹100
B. ₹250
C. ₹500
D. ₹750
E. ₹1000

Answer: B. ₹250

Explanation: SEBI proposed ₹250 as the minimum SIP amount to expand retail mutual fund penetration, with AMFI urging fund houses to adopt this.

6. What kind of loans will no longer have prepayment charges as per the RBI’s 2026 directive?

A. Fixed rate loans only
B. Corporate loans
C. Floating rate loans for individuals and MSEs
D. Education loans
E. Home loans below ₹5 lakh

Answer: C. Floating rate loans for individuals and MSEs

Explanation: RBI has banned prepayment charges on floating rate loans for individuals and Micro & Small Enterprises (MSEs) to ensure borrower freedom and competitive lending.

7. Which bank received in-principle approval to set up a banking unit at GIFT City?

A. Bank of America
B. DBS Bank
C. HSBC
D. Mashreq Bank
E. Deutsche Bank

Answer: D. Mashreq Bank

Explanation: UAE’s Mashreq Bank became the first to receive in-principle approval for setting up an International Banking Unit at GIFT City, Gujarat.

8. What is a major challenge cited in the ageing healthcare system in India?

A. Overfunding of geriatric clinics
B. Excessive private hospital dependency
C. Under-representation of elderly in NHM
D. Low disease burden among elderly
E. Oversupply of ageing data

Answer: C. Under-representation of elderly in NHM

Explanation: India faces low prioritization and underfunding of geriatric care in schemes like the National Programme for Health Care of the Elderly (NPHCE), creating gaps in elder services.

9. What is the key feature of KisaanSay’s partnership model with Farmer Producer Organisations (FPOs)?

A. Government subsidies for contract farming
B. 100% profit retained by KisaanSay
C. Import of agro-products from global markets
D. 50:50 profit-sharing and direct-to-consumer model
E. Only export-focused agri-business partnerships

Answer: D. 50:50 profit-sharing and direct-to-consumer model

Explanation: KisaanSay’s model involves partnering with FPOs in a co-branded, 50:50 profit-sharing arrangement, enabling direct farmer-to-consumer sales and enhancing farmer income.

10. What major reform has been suggested by the Indian Micro Fertilizers Manufacturers Association (IMMA) to ease regulatory burden?

A. Centralised warehousing scheme
B. Inclusion under FSSAI norms
C. “One Nation, One Licence” for micro-fertiliser producers
D. Mandatory use of blockchain for tracking sales
E. Banning micronutrient fertilisers in tribal areas

Answer: C. “One Nation, One Licence” for micro-fertiliser producers

Explanation: IMMA has proposed a “One Nation, One Licence” system to eliminate the need for multiple state-level licences, which currently increase compliance costs and hinder growth.

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