Showing questions for April 16, 2025
- Total: 10 questions
Question 6 Apr 16, 2025
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What was India's retail inflation rate in March 2025, the lowest since August 2019?
3.34%In March 2025, India witnessed a significant drop in retail inflation to 3.34%, marking its lowest level since August 2019. This easing was primarily driven by a sharp decline in food inflation, which fell to 2.69%. The drop in prices of essential food items like vegetables, eggs, pulses, meat, fish, and milk played a key role in bringing overall inflation down. Reflecting this positive trend, the Reserve Bank of India adjusted its inflation forecast for 2025–26 to 4.0% from an earlier projection of 4.2%, attributing the change to improved prospects in food prices.
Question 7 Apr 16, 2025
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Who was appointed as the Chairperson of the IWLF Athletes Commission in April 2025?
Mirabai ChanuSaikhom Mirabai Chanu, an Olympic silver medallist and one of India’s most accomplished weightlifters, was appointed as the Chairperson of the newly formed Athletes Commission under the Indian Weightlifting Federation (IWLF) in April 2025. With multiple accolades, including Commonwealth Games gold medals and an Olympic podium finish, Chanu brings unmatched credibility and athlete-first advocacy to the role. Her focus as Chairperson is to bridge the gap between athletes and administration, ensuring that weightlifters' voices are heard and that they can concentrate on their performance without off-field distractions. Her leadership marks a progressive step in athlete representation within Indian sports governance.
Question 8 Apr 16, 2025
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What is the projected growth rate for India's bank credit in FY26?
12-13%CRISIL has forecasted that India's banking sector will experience a credit growth of 12-13% in FY26, which is slightly higher than the projected growth of 11-11.5% for FY25. This positive outlook is attributed to several factors, including regulatory support, tax cuts that boost consumption, and softer interest rates encouraging borrowing. Additionally, regulatory adjustments like the rollback of risk weights for loans to non-banking financial companies (NBFCs) and a delay in implementing stricter liquidity norms are expected to further enhance credit flow and support this growth rate.
Question 9 Apr 16, 2025
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Which company faced SEBI action in 2024 for fund diversion and corporate misgovernance?
Gensol Engineering LtdGensol Engineering Ltd came under regulatory scrutiny in 2024 after SEBI received a complaint alleging share price manipulation and fund diversion. Upon investigation, SEBI found prima facie evidence of serious misconduct, including treating company funds as personal assets by the promoters, Anmol Singh Jaggi and Puneet Singh Jaggi. The company was barred from accessing the securities market, and its promoters were also restricted from holding key positions within GEL. Violations included misleading disclosures, submission of forged documents, and breaches of PFUTP regulations. This action by SEBI reinforces the importance of ethical governance and investor protection in India’s corporate landscape.
Question 10 Apr 16, 2025
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Which city is recognized as the origin of the Banaras Shehnai, recently awarded the GI tag?
VaranasiThe Banaras Shehnai, a traditional wind instrument known for its ceremonial and spiritual importance, was recently awarded a Geographical Indication (GI) tag, formally recognizing its roots in Varanasi, Uttar Pradesh. Revered through the legacy of Ustad Bismillah Khan, who made the instrument internationally famous, the shehnai is crafted with deep cultural and philosophical significance. Artisans from Varanasi, using Sheesham and Sagwan wood along with reeds from Bihar, create each piece with intricate care and precision. The GI tag honours the historical craftsmanship, protects the authenticity of the instrument, and ensures that its geographical and cultural identity is preserved for future generations.