1. A proposal from the Centre to shift the base year of CPIAL/RL is mainly intended to achieve what?
Answer: A. Moving to a newer base year lets the index reflect how households spend today, which is why the Centre floated the revision for CPIAL/RL.
2. Positive growth for India's economy in 2025 was forecast by which institution?
Answer: B. The IMF's outlook for 2025 was upbeat about India, signalling faith in its recovery and growth prospects.
3. From April 1, 2025, how did the RBI alter the risk weight on bank loans extended to NBFCs?
Answer: C. Bank lending to NBFCs now attracts a 100% risk weight, a cut from the earlier 125%, as the RBI announced for April 1, 2025.
4. Banks may levy at most what fee on an ATM cash withdrawal from May 1, 2025?
Answer: D. The ceiling on the charge for cash withdrawals at ATMs goes up to ₹23 starting May 1, 2025.
5. The date for complying with related party transaction rules was pushed to July 1, 2025 by which body?
Answer: E. It was the market regulator SEBI that granted more time, moving the related party transaction compliance deadline to July 1, 2025.
6. Paytm told merchants what about third-party payment orchestration platforms, effective April 1, 2025?
Answer: A. From April 1, 2025, Paytm instructed its merchants to discontinue the use of outside payment orchestration platforms.
7. An 'IND BBB+' rating with a stable outlook was assigned to the non-bank lending arm of which fintech firm?
Answer: B. The 'IND BBB+' rating, carrying a stable outlook, went to BharatPe's NBFC business.
8. The RBI's revised Prompt Corrective Action framework for Urban Cooperative Banks, in force from April 1, 2025, serves which function?
Answer: C. The updated PCA norms for urban cooperative banks, applicable from April 1, 2025, succeed the earlier Supervisory Action Framework.
9. Letting stock brokers operate in GIFT-IFSC without seeking prior approval was proposed by which body?
Answer: D. SEBI put forward the idea that brokers could work in GIFT-IFSC without first obtaining its approval.
10. Which index stayed unchanged after the US reciprocal tariff statement of April 2025?
Answer: C. Nasdaq fell 1.9% and S&P 500 fell 0.8%, while Dow Jones was unchanged.
11. Which organisation launched the Baltic Sentry operation in January 2025 to guard undersea infrastructure?
Answer: B. Baltic Sentry is a NATO operation protecting Baltic Sea cables and pipelines.
12. Which treaty lets states claim seabed beyond 200 nautical miles in the Arctic if it extends their continental shelf?
Answer: A. Notes state UNCLOS permits claims past 200 nautical miles on proof of natural extension.
13. Which platform of Infostellar would host Dhruva Space's Hyderabad antenna?
Answer: B. The notes say the antenna would be onboarded on the cloud-based StellarStation platform.
14. Which institution's study found Western Ghats monsoon rainfall rising steadily over 800 years?
Answer: A. The study was by researchers at Central University of Kerala.
15. Since which year has the number of Lok Sabha seats been frozen at 543, as discussed in the delimitation debate?
Answer: B. The seat count was fixed at 543 in 1971, and the freeze is due to expire in 2026.