What is the system that Finance Minister Nirmala Sitharaman introduced at the GIFT City to eliminate delays in forex settlements?
A) National payment system (NPS).
B) Foreign Currency Settlement System (FCSS).
C) Real Time Gross Settlement (RTGS).
D) Unified Payments Interface (UPI)
B:Foreign Currency Settlement System (FCSS).
Who has joined Visa and launched the first Visa Infinite-powered prepaid forex card in Asia?
A) HDFC Bank
B) ICICI Bank
C) SBI
D) Axis Bank
Answer: B) ICICI Bank
What is the major characteristic of the SBI General Insurance plan, the Health Alpha?
A) Coverage of all employees which is mandatory.
B) Individualized cover with optional benefits.
C) Only for senior citizens
D) Only critical illnesses are covered.
Response: B) Individualized cover with optional benefits.
What is the amount of incentive that has been sanctioned to encourage domestic rare earth magnets production?
A) 5,000 crore
B) 6,500 crore
C) 7,300 crore
D) 8,000 crore
Answer: C) 7,300 crore
What was the proposal made by the Finance Minister to increase enrolment on National Pension System (NPS)?
A) Pension Sakhis
B) Digital Pension Cards
C) PPF Boosters
D) Senior Citizen Pension Plan.
Answer: A) Pension Sakhis
And who is the first woman Prime Minister to be elected in Japan?
A) Yuriko Koike
B) Takaichi Sanae
C) Shinzo Abe
D) Akie Abe
Answer: B) Takaichi Sanae
What was the first space mission where solar CMEs were observed to impact the exosphere of the Moon?
A) Chandrayaan-1
B) Chandrayaan-2
C) Mangalyaan
D) ISRO Lunar Orbiter
Answer: B) Chandrayaan-2
What company has created a visual-first workspace collaboration service, called Vani?
A) Microsoft
B) Zoho
C) Google
D) Salesforce
Answer: B) Zoho
What is the critical minerals pact between the US and Australia all about?
A) Invest in renewable energy investments in Asia.
B) Enhance supply chains and decrease the power of China.
C) raise trade tariffs on minerals.
D) Arrange combined mining in Africa.
Response: B) Enhance supply chains and weaken the power of China.
Who was the winner of the Formula 1 United States Grand Prix 2025?
A) Oscar Piastri
B) Lando Norris
C) Max Verstappen
D) Lewis Hamilton
Answer: C) Max Verstappen