1. The world's biggest hydroelectric dam is being built on the Yarlung Zangbo River by which country?
Answer: D. China is putting up the dam on the Yarlung Zangbo in Tibet; India and Bangladesh worry about water security, especially since no water-sharing treaty exists to protect downstream flow.
2. What important result came out of the Trump-Putin conversation on Ukraine?
Answer: B. The talks hinted at a US policy shift that could accept Russian control of Crimea and curb Ukraine's NATO hopes, which would weaken Kyiv's position.
3. After COVID-19, for how long is a US B1/B2 visa holder now eligible for an interview waiver?
Answer: E. Washington restored its pre-pandemic renewal rules and shortened the interview waiver window from 48 months to 12, which has lengthened waiting times.
4. President's Rule in Manipur was imposed using which Article of the Constitution?
Answer: A. After Chief Minister N. Biren Singh quit amid ethnic violence, the Centre stepped in under Article 356, which covers situations where a state government cannot function.
5. Where does India stand in the long-term Climate Risk Index (CRI) 2025 ranking?
Answer: C. Though its short-term position improved from 7th to 49th, India remains the sixth most affected country over 1993-2022 in the long-term index because of climate disasters.
6. What was one key proposal raised at the meeting between the RBI and NBFCs?
Answer: B. NBFCs asked the RBI to lift the automatic ECB ceiling to $750 million so they can tap foreign funds more easily as bank lending to them shrinks.
7. Which significant change does the Income Tax Bill, 2025 propose?
Answer: D. The bill drops 'previous year' and 'assessment year' to make the tax law simpler and easier to understand and comply with.
8. This week, the RBI sold how much in the forex market to steady the rupee?
Answer: C. To steady the rupee during a liquidity squeeze, the central bank intervened in the currency market with sales of $12-14 billion.
9. SEBI is asking for which authority in relation to financial advice on social media?
Answer: E. The regulator wants greater power to take down misleading financial content on WhatsApp and Telegram, though the messaging companies resist because of privacy laws.
10. Faced with Global Economic Fragmentation (GEF), which economic strategy is India following?
Answer: A. Amid protectionism and trade curbs, India concentrates on home-grown growth by raising tariffs and encouraging manufacturing through PLI schemes.