1. India and the U.S. aim to lift their bilateral trade to what level under 'Mission 500'?
Answer: C. Mission 500 seeks to grow two-way trade to $500 billion by 2030, partly through more energy imports from the U.S. and by settling tariff disputes.
2. What is a principal worry for India about buying the F-35 stealth fighter?
Answer: A. Although the F-35 would boost India's capabilities, the concerns are high cost, limited technology transfer and possible effects on defence ties with Russia.
3. Which natural event wrecked the Teesta-3 dam in October 2023?
Answer: B. Rapid melting of a glacial lake triggered a GLOF that destroyed the Sikkim dam, killing over 100 people and displacing many more.
4. Earth experiences seasons mainly because of what?
Answer: D. Earth's tilt of about 23.5 degrees means different regions receive different amounts of sunlight over the year, producing seasons.
5. What prompted the RBI to supersede the New India Cooperative Bank?
Answer: E. The RBI took over because of mismanagement concerns and possible misuse of funds, and an administrator was named to run operations.
6. Why did NFRA approach the Supreme Court with a petition?
Answer: C. NFRA went to the apex court after the Delhi HC set aside 11 show-cause notices over procedural lapses; the government is weighing a restructuring of NFRA for stronger audit oversight.
7. Which economic principle is at the heart of 'MAGAnomics'?
Answer: A. MAGAnomics, linked to Donald Trump's economic approach, features protectionist trade steps, deficit spending, deregulation and a focus on industrial policy.
8. What helped push up India's forex reserves recently?
Answer: B. Reserves grew by $7.6 billion on the back of higher foreign currency assets, gold holdings and RBI's strategic market interventions.
9. What is the Aquatic Animal Diseases Symposium at the 14AFAF chiefly meant to achieve?
Answer: D. Discussions centred on better biosecurity, tighter disease surveillance and sustainability in India's aquaculture.
10. India's consumer price inflation in January, close to the RBI's target, came in at what figure?
Answer: A. CPI inflation slid to 4.3% in January, near the RBI's 4% goal, helped by softer food inflation and possible policy measures.