1. India helped which country by rolling over a $50 million treasury bill in May 2025?
Answer: C. The one-year extension of the $50 million bill was meant to help the Maldives carry out fiscal reforms and become more economically resilient.
2. A treasury bill is mainly used as which kind of instrument?
Answer: E. Governments issue these bills to cover immediate funding needs and to handle short-term liquidity requirements.
3. Which international body cleared an immediate $1 billion disbursement to Pakistan in May 2025?
Answer: A. The IMF's Executive Board approved the immediate release of $1 billion to help Pakistan stabilise its economy in the face of fiscal strain.
4. The principal role of the IMF is best described as what?
Answer: C. The fund works to foster monetary cooperation, financial stability and trade, while supporting high employment, sustainable growth and lower poverty worldwide.
5. A $1 billion IMF disbursement reached which country in May 2025?
Answer: D. Pakistan got the immediate payment from the fund as part of support for its economic stabilisation.
6. What does rolling over a treasury bill achieve?
Answer: B. A rollover pushes out the maturity date, giving the borrower more time to repay, and is commonly used to ease short-term liquidity strain.
7. Which description fits a treasury bill best?
Answer: E. It is a short-maturity government borrowing tool that is sold at a discount and redeemed at face value on maturity.
8. Kendu leaves, nicknamed 'Green Gold', are associated with which Indian state?
Answer: B. Known as the 'Green Gold of Odisha', the leaves are a major income source for tribal communities in the state.
9. In India, Kendu leaves are mainly used for what?
Answer: D. The leaves serve as the wrapper around the tobacco in bidis, which is their chief use.
10. How much did the IMF Executive Board approve for immediate disbursement to Pakistan in May 2025 under the EFF?
Answer: B. The notes state a $1 billion immediate disbursement.
11. Which department received the committee report recommending a Repairability Index for mobiles and appliances?
Answer: B. The notes state the Department of Consumer Affairs received the committee report.
12. What is the format of an EPIC number as per the notes?
Answer: C. The notes describe it as a 10-digit alphanumeric code.
13. Which technology does DigiYatra use to verify passengers?
Answer: B. DigiYatra relies on Facial Recognition Technology.
14. How many model schools does the PM SHRI scheme aim to develop?
Answer: A. PM SHRI targets more than 14,500 model schools.
15. Which two truck technologies are classed as zero-emission trucking in the ZET notes?
Answer: B. ZET covers battery-electric and hydrogen fuel-cell trucks.