1. What was the main purpose behind launching the PM Schools for Rising India scheme?
Answer: A. Begun in September 2022, it will turn 14,500 existing schools into models of the NEP 2020 vision, stressing hands-on learning, digital education and all-round development.
2. What is the principal focus of the Ministry of Culture's Gyan Bharatam Mission?
Answer: D. The mission will find, record, conserve and digitise the country's huge collection of manuscripts using a National Digital Repository and tie-ups with over 50 institutions.
3. Which shipyard constructed the new Fast Patrol Vessels ICGS Ajit and ICGS Aparajit?
Answer: A. These two homegrown patrol vessels were launched for the Coast Guard at the Goa yard under Make in India, adding to maritime security and coastal surveillance.
4. IUCN's World Heritage Outlook 4 (2025) moved the Western Ghats into the Significant Concern category. What is the tallest peak in this range?
Answer: C. Standing in Kerala at 2,695 metres, Anamudi tops the range. The downgrade came because of dangers like climate change, deforestation and unregulated tourism.
5. The RBI's draft norms would let banks fund what maximum share of a corporate acquisition's value?
Answer: E. Banks could finance up to 70% of the deal value, and the acquirer would have to bring the other 30% from its own equity.
6. The RBI's proposed prudential ceiling on banks' combined capital market and acquisition finance exposure is how much?
Answer: B. The draft sets total exposure to capital markets and acquisition finance at no more than a fifth of Tier-I capital, to maintain stability and spread risk.
7. Why has SEBI stopped mutual funds from joining pre-IPO placements?
Answer: E. Funds can now come in only as anchor investors one day before an IPO opens, which avoids rule breaches when an offering is postponed or called off.
8. Within how long will the simplified GST 2.0 registration system automatically approve applications?
Answer: B. From 1 November 2025, low-risk applicants will be approved automatically in three working days, which supports ease of doing business.
9. What is the Swamih Investment Fund, run by SBICAP Ventures, chiefly intended for?
Answer: D. Set up in 2019, it gives debt funding to affordable housing projects that have stalled, and it has been spared from the RBI's stricter AIF provisioning requirements.
10. The RBI's draft proposal raises the loan-to-value ratio for loans against debt mutual funds from 50% to what level?
Answer: A. The ratio goes up from 50% to 75% so that credit flows better and markets are more liquid, with prudential safeguards still in place.
11. PM SHRI stands for:
Answer: A. The notes give PM Schools for Rising India.
12. In which document was the Gyan Bharatam Mission announced?
Answer: B. The mission was announced in Union Budget 2025–26.
13. Which shipyard built the Coast Guard vessels ICGS Ajit and ICGS Aparajit?
Answer: B. The vessels were built and launched at Goa Shipyard Limited.
14. Under which IUCN category was the Western Ghats placed in World Heritage Outlook 4 (2025)?
Answer: C. The report downgraded the Ghats to Significant Concern.
15. What is the maximum share of acquisition value banks can fund under RBI's draft norms?
Answer: C. Banks may fund up to 70%, with at least 30% from the acquirer's own equity.