1. SEBI's fresh rules on algorithmic trading are mainly intended to do what?
Answer: D. The rules seek transparency, risk control and compliance in algo trading by making brokers more accountable and adding authentication requirements.
2. The government has lifted the Kisan Credit Card borrowing ceiling to which figure?
Answer: B. The KCC ceiling has gone from ₹3 lakh up to ₹5 lakh so that farmers receive stronger financial backing.
3. What does the Trade Assistance Programme (TAP) set out to do?
Answer: E. TAP backs MSMEs in dealing with non-tariff barriers, for example the EU carbon tax and the US rules on turtle exclusion devices.
4. In what way does Partial Credit Enhancement (PCE) benefit firms?
Answer: A. With PCE, companies holding weak ratings can raise the rating of their bonds, which makes the paper more appealing to institutional buyers.
5. Loans against gold have grown in India largely because of what?
Answer: C. Costlier gold together with the RBI tightening rules for unsecured credit made gold an attractive security to borrow against.
6. 205 Indian nationals were deported from the US as a result of which policy?
Answer: B. The removals formed part of the American administration's drive against illegal immigration, now backed by stricter enforcement.
7. Which Indian state is preparing a draft Uniform Civil Code bill that could serve as a model nationally?
Answer: D. A committee formed by Gujarat's government is drafting the UCC bill, meant to bring common personal laws across all religions.
8. India's new ₹10,000 crore Fund of Funds scheme places its emphasis on what?
Answer: C. The fund is meant to strengthen home-grown production and innovation by financing startups in manufacturing and advanced technology.
9. What prompted China to put fresh tariffs on American goods?
Answer: E. Beijing's new duties came as a reply to restrictions imposed by Washington, which deepened the trade war between the two countries.
10. Which measure is one of the approaches India uses to handle its fiscal deficit?
Answer: A. Heavy capital spending on infrastructure forms part of the plan to bring down the deficit while supporting long-term growth.