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The Current Affairs questions are based on sources like ‘The Hindu’, ‘Indian Express’ and ‘PIB’, which are very important sources for UPSC Prelims Exam. The questions are focused on both the concepts and facts. The topics covered here are generally different from what is being covered under ‘Daily Current Affairs/Daily News Analysis (DNA) and Daily Static Quiz’ to avoid duplication. The questions would be published from Monday to Saturday before 2 PM. One should not spend more than 10 minutes on this initiative.
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Consider the following statements about the Rare Earth Magnets
How many of the statements given above are correct?
Solution (c)
Statement Analysis
| Statement 1 | Statement 2 | Statement 3 |
| correct | correct | correct |
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Context:China has imposed curbs on rare earth magnets.
Solution (c)
Statement Analysis
| Statement 1 | Statement 2 | Statement 3 |
| correct | correct | correct |
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Context:China has imposed curbs on rare earth magnets.
Consider the following statements about the Suez Canal
How many of the statements given above are correct?
Solution (b)
Statement Analysis
| Statement 1 | Statement 2 | Statement 3 |
| correct | correct | InCorrect |
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Context:In response to the Red Sea security crisis that severely disrupted maritime trade, the Suez Canal Authority (SCA) has announced a 15% discount on transit fees for large container ships from May 15, 2025.
Solution (b)
Statement Analysis
| Statement 1 | Statement 2 | Statement 3 |
| correct | correct | InCorrect |
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Context:In response to the Red Sea security crisis that severely disrupted maritime trade, the Suez Canal Authority (SCA) has announced a 15% discount on transit fees for large container ships from May 15, 2025.
Which of the following statements about the ‘e-Zero FIR initiative’ is correct?
| Option c |
|---|
Context:Indian Cybercrime Coordination Centre (I4C) has introduced the new e-Zero FIR initiative to nab any criminal with unprecedented speed.
| Option c |
|---|
Context:Indian Cybercrime Coordination Centre (I4C) has introduced the new e-Zero FIR initiative to nab any criminal with unprecedented speed.
Consider the following statements about the F&Os [futures and options]
Choose the incorrect statements:
Solution (d)
Statement Analysis
| Statement 1 | Statement 2 |
| correct | correct |
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Context:The former SEBI Chairman has raised concern over the rising risks associated with F&Os [futures and options] as most of the individuals who invested in them are losing money.
Solution (d)
Statement Analysis
| Statement 1 | Statement 2 |
| correct | correct |
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Context:The former SEBI Chairman has raised concern over the rising risks associated with F&Os [futures and options] as most of the individuals who invested in them are losing money.
Consider the following statements about the Alternative Investment Funds (AIFs)
Choose the correct statements:
Solution (c)
Statement Analysis
| Statement 1 | Statement 2 |
| correct | correct |
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Context:RBI has proposed revised guidelines to ease restrictions on investments by regulated entities (REs) in Alternative Investment Funds (AIFs).
Solution (c)
Statement Analysis
| Statement 1 | Statement 2 |
| correct | correct |
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Context:RBI has proposed revised guidelines to ease restrictions on investments by regulated entities (REs) in Alternative Investment Funds (AIFs).
