Weekly Current Affairs Test : 22nd to 31st January 2025

TIME LEFT -

Question 1
1 / -0.25

Consider the following statements regarding the "when-listed" trading platform proposed by the Securities and Exchange Board of India (SEBI):
1. The "when-listed" platform will allow trading of shares immediately after their allotment in an IPO, before their official listing on stock exchanges.
2. This initiative aims to completely eliminate the grey market for unlisted shares.
3. The introduction of this platform is expected to reduce market volatility and enhance transparency by providing a formal trading mechanism.
Which of the statements given above is/are correct?

A
1 Only

B
1 and 2 Only

C
1 and 3 Only

D
1, 2 and 3

Question 2
1 / -0.25

Consider the following statements:
Statement-I:
The GSLV-F15 successfully launched the NVS-02 satellite into its designated orbit.
Statement-II:
NVS-02 utilizes a combination of indigenous and procured atomic clocks which are essential for precise time estimation, a critical requirement for navigation services.
Which one of the following is correct in respect of the above statements?

A
Both Statement-I and Statement-II are correct and Statement-II explains Statement-I

B
Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I

C
Statement-I is correct, but Statement-II is incorrect

D
Statement-I is incorrect, but Statement-II is correct

Question 3
1 / -0.25

Consider the following statements regarding the Indian Space Research Organisation's (ISRO) recent achievements and the Navigation with Indian Constellation (NavIC) series:
1. The Geosynchronous Satellite Launch Vehicle (GSLV-F15) marked ISRO's 100th launch milestone by successfully placing the NVS-02 satellite into orbit.
2. The NVS-02 satellite is equipped with navigation payloads that function across L1, L5, and S bands, as well as a C-band ranging payload.
3. NVS-02 is the third satellite in the Navigation with Indian Constellation (NavIC) series.
Which of the statements given above is/are correct?

A
1 Only

B
1 and 2 Only

C
1 and 3 Only

D
1, 2 and 3

Question 4
1 / -0.25

Consider the following statements:
Statement-I:
The OECD Global Tax Deal focuses on redistributing profits to the locations where business activities occur.
Statement-II:
The US executive order to withdraw from the OECD Global Tax Deal criticizes the agreement for impinging on US sovereignty and economic competitiveness.
Which one of the following is correct in respect of the above statements?

A
Both Statement-I and Statement-II are correct and Statement-II explains Statement-I

B
Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I

C
Statement-I is correct, but Statement-II is incorrect

D
Statement-I is incorrect, but Statement-II is correct

Question 5
1 / -0.25

Consider the following pairs:
1. Lunar Regolith - Surface layer of loose material on the Moon.
2. Silicon Carbide Properties - High thermal conductivity and low thermal expansion.
3. Methane Source for Extraction - Directly mined from the Moon.
4. eCoO 2.0 Feature - Mandatory electronic filing of Non-Preferential Certificates of Origin.
How many pairs given above are correctly matched?

A
Only one pair

B
Only two pairs

C
Only three pairs

D
All four pairs

Question 6
1 / -0.25

Consider the following statements regarding the economic impact of breast cancer in India:
1. The economic burden of breast cancer in India is projected to increase from $8 billion in 2021 to $19.55 billion by 2030.
2. Only 9% of breast cancer patients in India have health insurance coverage, leading to significant financial strain.
3. The survival rates for breast cancer patients in India are higher than those in Western nations due to more accessible healthcare services.

A
1 Only

B
1 and 2 Only

C
1 and 3 Only

D
1, 2 and 3

Question 7
1 / -0.25

What is a key reason for the initiation of the deportation process in the United States?

A
Employment opportunities

B
Criminal activity or visa violations

C
Seeking political asylum

D
Pursuing higher education

Question 8
1 / -0.25

Consider the following statements:
1. The Rythu Bharosa Scheme provides ₹6,000 per acre as investment assistance for farmers during the rabi season.
2. The Indiramma Atmiya Bharosa Scheme aims to support all agricultural labor families with ₹12,000 annually, regardless of their landholding status.
3. The Indiramma Housing Scheme plans to assist families in constructing homes by providing ₹5 lakh per eligible family.
Which of the statements given above is/are correct?

A
1 Only

B
1 and 2 Only

C
1 and 3 Only

D
1, 2 and 3

Question 9
1 / -0.25

What is the main objective of the Rythu Bharosa Scheme launched by the Telangana government?

A
Providing financial assistance to landless agricultural labor families

B
Issuing new ration cards for improved food security

C
Assisting farmers with investment aid during the rabi season

D
Constructing homes for families in need

Question 10
1 / -0.25

Consider the following statements regarding the extraction of silicon carbide from simulated lunar soil:
1. The extraction process involves the use of methane, which can be sourced from the carbon dioxide exhaled by astronauts.
2. Silicon carbide is known for its high thermal conductivity and low thermal expansion.
3. The extraction of silicon carbide from simulated lunar soil is aimed at improving the thermal efficiency of spacecraft.
Which of the statements given above is/are correct?

A
1 Only

B
1 and 2 Only

C
1 and 3 Only

D
1, 2 and 3

Question 11
1 / -0.25

Consider the following statements:
Statement-I:
The deportation process in the United States involves the removal of non-citizens for reasons such as criminal activity or visa violations.
Statement-II:
Deportations from the US are managed by the US Immigration and Customs Enforcement (ICE), which utilizes commercial and charter flights for the deportation process.
Which one of the following is correct in respect of the above statements?

A
Both Statement-I and Statement-II are correct and Statement-II explains Statement-I

B
Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I

C
Statement-I is correct, but Statement-II is incorrect

D
Statement-I is incorrect, but Statement-II is correct

Question 12
1 / -0.25

Consider the following statements regarding the new guidelines implemented by the Securities and Exchange Board of India (SEBI) for Market Infrastructure Institutions (MIIs):
1. The new guidelines by SEBI require MIIs to undergo independent external evaluations every two years.
2. External evaluations will allocate 40% weightage to roles and responsibilities, while meeting effectiveness and governance will each receive 30% weightage.
3. The first external evaluation by MIIs is due by September 30, 2025.
Which of the statements given above is/are correct?

A
A. 1 Only

B
B. 1 and 2 Only

C
C. 1 and 3 Only

D
D. 2 and 3 Only

Question 13
1 / -0.25

Consider the following pairs:
1. CRED - First fintech company to launch a beta e-rupee wallet
2. e-Rupee Wallet - Allows unlimited transaction amounts per day
3. CBDC - Digital form of legal tender issued by RBI
4. National Critical Mineral Mission - Focuses on 12 essential minerals
How many pairs given above are correctly matched?

A
A. Only one pair

B
B. Only two pairs

C
C. Only three pairs

D
D. All four pairs

Question 14
1 / -0.25

What is the primary objective of the CRED's E-Rupee Wallet launch as highlighted in the news?

A
To introduce a new digital currency in India

B
To facilitate transactions using India's central bank digital currency

C
To promote cash transactions over digital payments

D
To provide personal loans to users

Question 15
1 / -0.25

Consider the following statements:
Statement-I:
The financial impact of breast cancer in India is projected to rise from $8 billion in 2021 to $19.55 billion by 2030, based on the autoregressive integrated moving average (ARIMA) model.
Statement-II:
Survival rates for breast cancer patients in India are lower than those in Western nations due to late-stage diagnoses, delays in treatment initiation, and fragmented healthcare services.
Which one of the following is correct in respect of the above statements?

A
Both Statement-I and Statement-II are correct and Statement-II explains Statement-I

B
Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I

C
Statement-I is correct, but Statement-II is incorrect

D
Statement-I is incorrect, but Statement-II is correct

Question 16
1 / -0.25

What is the anticipated economic burden of breast cancer cases in India annually by 2030, as projected in recent studies?

A
$8 billion

B
$19.55 billion

C
$50 billion

D
$100 million

Question 17
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Consider the following pairs related to Breast Cancer and Nitrogen Pollution:
1. Breast Cancer Economic Burden - Projected to be $10 billion annually by 2030.
2. Nitrogen Use Efficiency (NUE) in 2022 - Improved to 56%.
3. Survival Rates of Breast Cancer Patients in India - Higher than in Western nations.
4. Livestock Contribution to Nitrogen Emissions - Accounts for about one-third of total nitrogen emissions.
How many pairs given above are correctly matched?

A
A. Only one pair

B
B. Only two pairs

C
C. Only three pairs

D
D. All four pairs

Question 18
1 / -0.25

Consider the following pairs regarding Market Infrastructure Institutions (MIIs) and their roles:
1. Bombay Stock Exchange (BSE) - Conducts internal and external evaluations
2. National Securities Depository Ltd. (NSDL) - Facilitates the allocation and reallocation of capital
3. Securities and Exchange Board of India (SEBI) - Oversees guidelines for MIIs
4. Clearing Corporations - Maintains investor confidence by ensuring market stability
How many pairs given above are correctly matched?

A
Only one pair

B
Only two pairs

C
Only three pairs

D
All four pairs

Question 19
1 / -0.25

Consider the following pairs:
1. Rythu Bharosa Scheme - Provides financial assistance to landless agricultural labor families.
2. Indiramma Atmiya Bharosa Scheme - Provides annual support to farmers.
3. Indiramma Housing Scheme - Provides financial aid for constructing homes.
4. Ration Cards - Issued to enhance food security.
How many pairs given above are correctly matched?

A
Only one pair

B
Only two pairs

C
Only three pairs

D
All four pairs

Question 20
1 / -0.25

Consider the following statements:
Statement-I:
The "when-listed" trading platform introduced by Sebi aims to regulate trading of shares between IPO allotment and formal listing to curb grey market activities.
Statement-II:
Guillain-Barré Syndrome (GBS) is an autoimmune disorder that can develop following infections and is characterized by the immune system attacking peripheral nerves.
Which one of the following is correct in respect of the above statements?

A
Both Statement-I and Statement-II are correct and Statement-II explains Statement-I

B
Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I

C
Statement-I is correct, but Statement-II is incorrect

D
Statement-I is incorrect, but Statement-II is correct

Question 21
1 / -0.25

Consider the following statements regarding the US withdrawal from the OECD Global Tax Deal:
1. The OECD Global Tax Deal includes a provision, known as Pillar 1, which reallocates profits of multinational corporations based on the location of revenue generation.
2. The executive order issued by the US criticized the OECD Global Tax Deal for undermining U.S. economic competitiveness.
3. India has immediately adopted changes to its tax legislation in response to the OECD Global Tax Deal.

A
1 Only

B
1 and 2 Only

C
1 and 3 Only

D
1, 2 and 3

Question 22
1 / -0.25

Consider the following statements:
Statement-I:
Retail food inflation in India decreased to 8.39% year-on-year in December 2025.
Statement-II:
The Telangana Chief Minister A. Revanth Reddy launched four significant welfare schemes across 563 villages in all mandals.
Which one of the following is correct in respect of the above statements?

A
Both Statement-I and Statement-II are correct and Statement-II explains Statement-I

B
Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I

C
Statement-I is correct, but Statement-II is incorrect

D
Statement-I is incorrect, but Statement-II is correct

Question 23
1 / -0.25

Consider the following statements:
1. CRED's e-rupee wallet allows users to transact up to ₹10,000 per transfer, with a daily limit of ₹50,000.
2. The United States has prohibited the development and promotion of Central Bank Digital Currencies (CBDCs) under President Donald Trump.
3. The National Critical Mineral Mission aims to reduce India's dependence on imported critical minerals and promote international collaboration for mineral asset acquisition.
Which of the statements given above is/are correct?

A
A. 1 Only

B
B. 1 and 2 Only

C
C. 1 and 3 Only

D
D. 1, 2 and 3

Question 24
1 / -0.25

What is the key application of silicon carbide as mentioned in the text?

A
Use in agricultural fertilizers

B
Utilization in cosmetic products

C
Industrial furnaces and wear-resistant components

D
Production of household plastics

Question 25
1 / -0.25

Consider the following pairs related to US Immigration Policy and Indian Deportations:
1. Expedited Removal - Removal of non-citizens without proper documentation under the US Immigration and Nationality Act.
2. Voluntary Departure - A process where individuals can leave the US at their own expense to avoid deportation.
3. Credible Fear - A standard for initiating formal removal proceedings based on fear of persecution.
4. Donkey Route - A legal immigration pathway for Indians seeking opportunities in the US.
How many pairs given above are correctly matched?

A
Only one pair

B
Only two pairs

C
Only three pairs

D
All four pairs

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Question Analysis

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Unanswered - 25

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Weekly Current ...

Question 1

1 Only

1 and 2 Only

1 and 3 Only

1, 2 and 3

Question 2

Both Statement-I and Statement-II are correct and Statement-II explains Statement-I

Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I

Statement-I is correct, but Statement-II is incorrect

Statement-I is incorrect, but Statement-II is correct

Question 3

1 Only

1 and 2 Only

1 and 3 Only

1, 2 and 3

Question 4

Both Statement-I and Statement-II are correct and Statement-II explains Statement-I

Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I

Statement-I is correct, but Statement-II is incorrect

Statement-I is incorrect, but Statement-II is correct

Question 5

Only one pair

Only two pairs

Only three pairs

All four pairs

Question 6

1 Only

1 and 2 Only

1 and 3 Only

1, 2 and 3

Question 7

Employment opportunities

Criminal activity or visa violations

Seeking political asylum

Pursuing higher education

Question 8

1 Only

1 and 2 Only

1 and 3 Only

1, 2 and 3

Question 9

Providing financial assistance to landless agricultural labor families

Issuing new ration cards for improved food security

Assisting farmers with investment aid during the rabi season

Constructing homes for families in need

Question 10

1 Only

1 and 2 Only

1 and 3 Only

1, 2 and 3

Question 11

Both Statement-I and Statement-II are correct and Statement-II explains Statement-I

Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I

Statement-I is correct, but Statement-II is incorrect

Statement-I is incorrect, but Statement-II is correct

Question 12

A. 1 Only

B. 1 and 2 Only

C. 1 and 3 Only

D. 2 and 3 Only

Question 13

A. Only one pair

B. Only two pairs

C. Only three pairs

D. All four pairs

Question 14

To introduce a new digital currency in India

To facilitate transactions using India's central bank digital currency

To promote cash transactions over digital payments

To provide personal loans to users

Question 15

Both Statement-I and Statement-II are correct and Statement-II explains Statement-I

Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I

Statement-I is correct, but Statement-II is incorrect

Statement-I is incorrect, but Statement-II is correct

Question 16

$8 billion

$19.55 billion

$50 billion