Daily Current Affairs Prelims Quiz 13-08-2025 (Online Prelims Test)
1) Which of the following statements regarding Minimum Support Price (MSP) is/are correct?
It is announced by Commission for Agricultural Costs & Prices (CACP) based on recommendations from the Cabinet Committee on Economic Affairs (CCEA).
It is set with determinants of price having minimum of 50 per cent as the margin over the cost of production.
Paddy, wheat and Potato are covered under MSP.
Select the answer using the code given below:
a.
b.
c.
d.
Answer : d
Correct Answer: (d)
Explanation:
Statement 1 is incorrect – MSP is announced by Cabinet Committee on Economic Affairs (CCEA) based on recommendations from the Commission for Agricultural Costs & Prices (CACP).
Statement 2 is correct
Statement 3 is incorrect – Paddy and wheat are covered under MSP, butperishable agriculture/horticulture commodities such as Tomato, Onion and Potato etc. not covered under MSP.
2) Which of the following initiatives enhance farmers income?
Modified Interest Subvention Scheme (MISS)
Rashtriya Krishi Vikas Yojana (RKVY)
Pradhan Mantri Kisan Maan Dhan Yojana (PM-KMY)
Agri Fund for Start Ups & Rural Enterprises' (AgriSURE)
PM-AASHA
Select the answer using the code given below:
a.
b.
c.
d.
Answer : d
Correct answer: (d)
Explanation
Modified Interest Subvention Scheme (MISS) – Provides farmers with low-interest short-term agricultural loans, reducing their credit burden and enabling more investment in productive activities.
Rashtriya Krishi Vikas Yojana (RKVY) – Supports states with flexible funding for innovative agricultural development projects to boost productivity and income diversification for farmers.
Pradhan Mantri Kisan Maan Dhan Yojana (PM-KMY) – Offers old-age pension benefits to small and marginal farmers, ensuring financial security and sustained income support after retirement.
Agri Fund for Start Ups & Rural Enterprises (AgriSURE) – Promotes rural innovation by funding agri-based startups and enterprises, this generates new income opportunities and employment in the farming sector.
PM-AASHA(Pradhan Mantri Annadata Aay SanraksHan Abhiyan) – Ensures farmers receive remunerative prices for their produce via procurement and price support schemes.
3) Which of the following statements is related to the term ‘Kartavyam’ recently seen in news?
a.
b.
c.
d.
Answer : c
Corret answer: (c)
Explanation
Statement (c) is correct – Kartavyam is a nationwide lecture series undertaken in collaboration with 21 universities and institutions.
Launched by – Ministry of Law and Justice.
Aim – To promote a duty-centric approach and develop duty jurisprudence within the framework of constitutional and legislative discourse.
Statements (a) and (d) are incorrect – They are irrelevant options.
Statement (b) is incorrect – The statement description about the “clustered bombs”.