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Daily Current Affairs
8 November, 2025
1. What is the main goal of Google’s Project Suncatcher?
A. To build floating solar plants on oceans
B. To develop AI-powered data centres in space using solar energy
C. To create new semiconductor plants on Earth
D. To develop nuclear-powered data servers
E. To launch space-based internet satellites
Answer: B. To develop AI-powered data centres in space using solar energy
Explanation: Project Suncatcher, launched by Google’s AI and Advanced Infrastructure Division, aims to deploy solar-powered AI data centres aboard satellites to utilize uninterrupted solar energy and reduce the environmental impact of Earth-based data centres.
2. Ethiopia’s adoption of India’s DAY-NRLM model primarily focuses on:
A. Agricultural productivity and export promotion
B. Urban housing and infrastructure development
C. Rural poverty reduction and women empowerment
D. Digital transformation and e-Governance
E. Industrial sector modernization
Answer: C. Rural poverty reduction and women empowerment
Explanation: Ethiopia is adopting India’s Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) to enhance rural livelihoods and empower women through Self-Help Groups (SHGs), financial inclusion, and skill development initiatives.
3. The “Mamdani Model” emphasizes which economic balance?
A. Industrialization vs. Environmental Protection
B. Welfare Protection vs. Market Efficiency
C. Rural Development vs. Urban Growth
D. Fiscal Deficit vs. Inflation Control
E. Privatization vs. Nationalization
Answer: B. Welfare Protection vs. Market Efficiency
Explanation: The Mamdani Model, inspired by Zohran Mamdani’s welfare policies, promotes a “Rawls–Pareto thermostat” approach — balancing compassionate welfare (Rawls) with economic efficiency (Pareto) for sustainable and equitable development.
4. According to the World Bank’s Financial Sector Assessment 2025, which of the following represents India’s financial progress?
A. Decline in non-bank financing
B. Weak resilience to macro-financial shocks
C. Increase in private sector participation and digital inclusion
D. Complete dominance of state-owned institutions
E. Stagnant financial asset growth
Answer: C. Increase in private sector participation and digital inclusion
Explanation: The FSA 2025 report highlights that India’s financial system has become more resilient, diversified, and inclusive due to strong digital infrastructure and growing private sector involvement, though SOFIs still play a significant role.
5. The IBBI’s new proposal for insolvency bidders primarily aims to:
A. Promote faster liquidation of insolvent firms
B. Ensure transparency through disclosure of Ultimate Beneficial Ownership (UBO)
C. Reduce compliance requirements for bidders
D. Allow promoters to rebid for their companies freely
E. Simplify IBC documentation
Answer: B. Ensure transparency through disclosure of Ultimate Beneficial Ownership (UBO)
Explanation: The IBBI proposed mandatory UBO disclosure to identify individuals with ultimate control or influence over bidding entities, preventing misuse of the IBC’s clean slate provision and enhancing transparency.
6. What is the current cap on voting rights for shareholders in private sector banks in India?
A. 10%
B. 15%
C. 20%
D. 26%
E. 49%
Answer: D. 26%
Explanation: As per RBI norms, no shareholder can exercise more than 26% of voting rights in a private bank, even if ownership exceeds this limit. This ensures balanced control and prevents domination by a single investor.
7. Which recommendation was made in the World Bank–IMF FSAP 2025 report for India’s financial sector?
A. Increase subsidies to public sector banks
B. Reduce foreign investor participation
C. Introduce borrower-based tools like DSTI and CCyB
D. Remove macroprudential regulations
E. Halt corporate bond market development
Answer: C. Introduce borrower-based tools like DSTI and CCyB
Explanation: The report suggests implementing borrower-based macroprudential tools such as Debt Service to Income (DSTI) limits and Counter-Cyclical Capital Buffers (CCyBs) to strengthen resilience against financial shocks.
8. The FAO State of Food and Agriculture 2025 report focuses on:
A. Global hunger eradication
B. Agricultural mechanization
C. Addressing land degradation across farm scales
D. Promoting biotechnology in farming
E. Forest conservation
Answer: C. Addressing land degradation across farm scales
Explanation: The 2025 FAO report is titled “Addressing Land Degradation Across Landholding Scales,” emphasizing how soil erosion, nutrient depletion, and carbon loss undermine food production and climate resilience.
9. According to FAO, what percentage of global cropland shows declining productivity?
A. 10%
B. 15%
C. 20%
D. 25%
E. 30%
Answer: C. 20%
Explanation: The report reveals that nearly 20% of the world’s cropland has declining productivity due to human-induced land degradation, particularly in Asia, Africa, and Latin America.
10. Which group controls the majority of the world’s farmland, as per FAO’s 2025 report?
A. Cooperatives
B. Government institutions
C. Smallholders (<2 ha)
D. Top 1% of large farms
E. Farmer Producer Organisations (FPOs)
Answer: D. Top 1% of large farms
Explanation: The FAO report highlights that the top 1% of large farms control over 70% of global farmland, contributing significantly to monocropping and land degradation but also possessing higher restoration resources.
