1. What did IN-SPACe approve for Starlink in July 2025?
Answer: A. IN-SPACe authorised Starlink, a SpaceX service, to offer satellite broadband, which can reach remote areas.
2. The National Population Register (NPR) is governed under which Act?
Answer: B. The NPR came about under the Citizenship Act, 1955, and runs according to the Citizenship Rules, 2003.
3. Which provision of the Petroleum & Natural Gas Rules, 2025 shields licensees from later changes in policy?
Answer: C. The clause gives licence holders financial protection if taxes or royalties are raised in future.
4. According to SEBI, what is the main job of Credit Rating Agencies?
Answer: D. CRAs judge how well an entity can repay and assign ratings to its debt instruments.
5. Catastrophe Bonds are used for what purpose?
Answer: E. With a Cat Bond, governments or insurers pass the risk from events such as cyclones on to investors.
6. In OTC derivatives, what does novation mean?
Answer: A. Through novation one party in a contract is legally replaced by another while every other term stays as it was.
7. What is the RBI's 'Whitelist' of digital lending apps intended to achieve?
Answer: B. A published list lets borrowers recognise regulated apps and steer clear of fraudulent lenders.
8. What notable experiment did Shubhanshu Shukla carry out on the ISS?
Answer: C. He examined how green gram and fenugreek seeds behave in microgravity, which feeds into plans for farming in space.
9. What was the central aim of National Fish Farmers Day 2025?
Answer: D. The occasion recognised the work of fish farmers and rolled out schemes like hatchery guidelines and PMMSY projects.
10. What does India's Gini Index value of 25.5 for 2022-23 measure?
Answer: E. The figure of 25.5 indicates low consumption inequality, although it tends to understate inequality seen in income or wealth data.
11. Which agency authorised Starlink to operate satellite broadband in India in July 2025?
Answer: C. IN-SPACe granted the authorisation on 9 July 2025.
12. Under the NPR, a usual resident is someone who has lived locally for at least how long?
Answer: B. A usual resident has stayed 6 months or intends to stay the next 6 months.
13. What is the rank of the Adjudicating Authority proposed in the draft Petroleum & Natural Gas Rules, 2025?
Answer: D. A dedicated authority at Joint Secretary rank handles disputes.
14. SEBI's consultation paper on credit rating agencies invited public comments until which date?
Answer: C. The draft was open for comments until 30 July 2025.
15. What is the nature of a catastrophe bond?
Answer: B. Cat bonds combine insurance and debt features to securitise disaster risk.