Daily Current Affairs Prelims Quiz 10-12-2025 (Online Prelims Test)
1) Which of the following countries that accept India’s Unified Payment Interface (UPI)?
a.
b.
c.
d.
Answer : a
Explanation
NPCI International (NIPL) – For expansion of India’s UPI to position UPI as a global digital public infrastructure, leveraging its success as a benchmark for other nations.
Aim – To make Indian digital payments seamless abroad, and integrating with global payment systems like Project Nexus, boosting remittances and digital economy.
Current Reach (Live in) – UAE, Singapore, Bhutan, Nepal, Sri Lanka, Mauritius, France, Qatar (recently adopted).
France marks entry into Europe; UAE is a major hub.
2) Consider the following with respect to Priority Sector Lending (PSL):
1. PSL Certificates (PSLCs) are tradeable financial instruments introduced by SEBI to enhance the PSL framework.
2. As per the revised guidelines of 2025, the PSL target for Urban Cooperative Banks has been permanently fixed at 75%.
Which of the above statement(s) is/are correct?
a.
b.
c.
d.
Answer : d
Explanation
Statement 1 is incorrect – Priority Sector Lending Certificates (PSLCs) is a tradeable financial instruments, introduced by RBI, in 2016, to enhance the flexibility and effectiveness of the PSL framework.
Statement 2 is incorrect – As per the revised guidelines of 2025, the PSL target for Urban Cooperative Banks has been permanently fixed at 60% of their Adjusted Net Bank Credit (ANBC) (earlier it was 75%).
To know more about Priority Sector Lending (PSL), Click here
3) Which among the following statements is/are correct?
1. Monetary Policy Committee (MPC) is a statutory body constituted under the RBI Act, 1934.
2. As per the recent MPC report, the repo rate was reduced to 5.25% from 5.50%.
3.The decision of the MPC would be non-binding on the RBI.
Select the answer using the code given below:
a.
b.
c.
d.
Answer : c
Explanation
Statement 1 is correct – The MPC was constituted in 2016 as a statutory body to formulate monetary policy in India, as per Section 45ZB of the RBI Act, 1934.
Statement 2 is correct – As per the recent MPC report, the repo rate was reduced to 5.25% from 5.50%.
Statement 3 is incorrect – The decision of the MPC would be binding on the RBI.
To know about Monetary Policy Committee (MPC), Click here
4) Choose the incorrect statement about Rock Eagle Owl:
a.
b.
c.
d.
Answer : b
Explanation
Statement 2 is incorrect – It is under the Schedule I of Wildlife Protection Act, 1972.
Statement 1, 3 are correct.
5) Which state in India has highest number of GI tags?
a.
b.
c.
d.
Answer : b
Explanation
As of now, Uttar Pradesh (77) has the highest number of GI tags products followed by Tamil Nadu (74), and Karnataka (around 45).
To know more about recent GI tag products, click here
