📅 Quiz – 26 May 2025
- The INSPIRE Scheme, aimed
at nurturing young scientific talent, is a flagship initiative of which
body?
A) CSIR
B) Ministry of Education
C) RBI
D) Department of Science and Technology - How much surplus did the RBI
Central Board approve to transfer to the government for FY 2024–25?
A) ₹1.5 trillion
B) ₹2.11 trillion
C) ₹2.69 trillion
D) ₹3.2 trillion
E) ₹2.45 trillion - What interest rate was approved
for the Employees’ Provident Fund (EPF) for FY 2024–25?
A) 8.25%
B) 8.20%
C) 8.15%
D) 8.30%
E) 8.50% - RBI flagged a weak internal audit
in FY 2022–23 for which bank?
A) IndusInd Bank
B) Yes Bank
C) HDFC Bank
D) Axis Bank - How much interest income did
IndusInd Bank misreport over three quarters of FY 2024–25?
A) ₹1,530 crore
B) ₹1,200 crore
C) ₹674 crore
D) ₹2,000 crore - Which scheme provides
equity/quasi-equity support to MSMEs via a ₹50,000 crore mother–daughter
fund structure?
A) Atmanirbhar MSME Yojana
B) SRI Fund Scheme
C) Bharat MSME Capital Scheme
D) Startup India Fund - Which treaty was suspended by
India on 24 May, citing Pakistan’s breach of goodwill?
A) Mutual Cooperation Treaty
B) Indus Waters Treaty
C) SAARC Accord
D) Trade Facilitation Treaty - When did the southwest monsoon
arrive in Kerala in 2025?
A) 20 May
B) 22 May
C) 24 May
D) 26 May - Which naval exercise involving
India and ASEAN navies began around 24 May?
A) Malabar
B) Seamaster
C) ASEAN–India Maritime Exercise
D) Shakti - Which rating agency revised
India's 2025 GDP growth forecast to ~7.2%?
A) Moody’s
B) Fitch
C) S&P
D) IMF
✅ Answers & Explanations
- D) Department of Science and
Technology — INSPIRE
(Innovation in Science Pursuit for Inspired Research) is a flagship DST
initiative
- B) ₹2.11 trillion — The RBI approved a surplus
transfer of ₹2.11 trillion to the government for FY 2024–25 .
- A) 8.25% — The EPF interest rate for
FY 2024–25 was fixed at 8.25% .
- A) IndusInd Bank — RBI raised concerns about weak
internal audit controls at IndusInd Bank for FY 2022–23 .
- A) ₹1,530 crore — IndusInd misreported
₹1,530 crore as interest income over three quarters of FY 2024–25 .
- B) SRI Fund Scheme — The Self‑Reliant India (SRI)
Fund Scheme supports MSMEs with equity/quasi-equity through a ₹50,000 crore
mother–daughter structure .
- B) Indus Waters Treaty — India suspended the treaty on
24 May, citing Pakistan's breach of goodwill .
- C) 24 May — The southwest monsoon hit
Kerala on 24 May 2025
- C) ASEAN–India Maritime Exercise — A joint naval exercise
involving India and ASEAN navies began around this date
- C) S&P — Standard & Poor’s revised
India's GDP projection to approximately 7.2% for 2025 .
Either way the teacher or student will get the solution to the problem within 24 hours.