Practice Current Affairs
Practice Current Affairs
Test your current affairs knowledge with randomly selected questions from our verified question bank.
According to the report, what action has Tamil Nadu taken regarding milk procurement?
- Decreased procurement price by Rs 3 per litre
- Hiked milk procurement price by Rs 3 per litre
- Nationalised Aavin dairy
- Reduced farmer subsidies
Answer: B — Hiked milk procurement price by Rs 3 per litre
The excerpt states that TN hiked milk procurement price by Rs 3 per litre.
In the SEBI order, what does 'CAS' refer to?
- Closing Auction Session
- Cash Accounting System
- Central Administrative System
- Capital Asset Scheme
Answer: A — Closing Auction Session
The source describes CAS as the 'newly introduced closing auction session' on the exchange.
The adjudication order pertains to which market segment at BSE?
- Equity cash
- Illiquid stock options
- Currency derivatives
- Corporate bonds
Answer: B — Illiquid stock options
The matter is described as 'Illiquid Stock Options at BSE' in the source excerpt.
Against whom was SEBI's RC 7522 of 2024 completed, as per the notice?
- Kapil Kumar Wadhawan, holding PAN AAOPW6145L
- Kapil Kumar Wadhawan, holding PAN AAOPW6145L, along with DHFL Pramerica
- The board of directors of DHFL Pramerica Life Insurance Company Limited
- The promoter group of DHFL, holding no PAN
Answer: A — Kapil Kumar Wadhawan, holding PAN AAOPW6145L
The notice explicitly names Kapil Kumar Wadhawan with PAN AAOPW6145L as the person against whom RC 7522 of 2024 was completed.
SEBI cancelled the registration of how many investment advisers for non-payment of renewal fees?
- Five
- Ten
- Fifteen
- Twenty
Answer: C — Fifteen
SEBI cancelled the registration certificates of fifteen investment advisers who failed to pay their required renewal fees on time.
What has been lifted for aqua farmers in Andhra Pradesh according to the news?
- 10-acre cap
- 5-acre cap
- 20-acre cap
- Subsidy cap
Answer: A — 10-acre cap
The headline says '10-acre cap lifted', meaning the restriction on acreage has been removed.
According to the RBI Governor, what is the main risk posed by artificial intelligence?
- Erosion of human judgment
- Data privacy breaches
- Job losses in banking
- Cyberattacks on banks
Answer: A — Erosion of human judgment
The RBI Governor said the main risk of AI is erosion of human judgment.
Which regulator issued the adjudication order in the matter of Ultracab (India) Limited?
- Reserve Bank of India
- Securities and Exchange Board of India
- Ministry of Corporate Affairs
- Insurance Regulatory and Development Authority of India
Answer: B — Securities and Exchange Board of India
The source clearly states that SEBI (Securities and Exchange Board of India) issued the adjudication order.
According to the excerpt, what should Tamil Nadu do before asking for more resources?
- Increase tax rates immediately
- Collect better and spend smarter
- Reduce all public expenditures
- Seek central government loans
Answer: B — Collect better and spend smarter
The subheading explicitly says Tamil Nadu 'must collect better and spend smarter' before asking for more.
Which body is involved in streamlining inspection of market intermediaries?
- RBI
- SEBI
- IRDAI
- PFRDA
Answer: B — SEBI
The source clearly mentions SEBI as the body undertaking this streamlining.