Showing questions for April 23, 2025
- Total: 12 questions
Question 1 Apr 23, 2025
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Which country's goods prompted India to impose a 12% safeguard duty on steel imports due to dumping concerns?
ChinaIndia imposed a 12% safeguard duty on steel imports specifically in response to fears of dumping linked to China. This action was taken after high U.S. tariffs on Chinese goods led to a surge in steel imports into India, raising concerns about market disruption and injury to the domestic steel sector. The Directorate General of Trade Remedies found evidence that supported these concerns, prompting the protective measure. The goal of the duty is to shield Indian manufacturers from unfair pricing practices and maintain stability in the domestic steel industry.
Question 2 Apr 23, 2025
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Who was awarded the 2025 Gurudev Kalicharan Brahma Award for contributions to education and social empowerment?
Achyuta SamantaAchyuta Samanta, the founder of KIIT and KISS, received the 2025 Gurudev Kalicharan Brahma Award for his lifelong dedication to education and societal development, particularly for underprivileged and tribal communities. The award, presented in Kokrajhar, Assam, by the Gurudev Kalicharan Brahma Trust, recognizes individuals making exceptional contributions to social upliftment. Samanta’s work has empowered thousands through free education, housing, and healthcare. In a notable gesture of generosity, he donated the Rs 1 lakh prize money back to the Trust. His commitment reflects the values of Gurudev Kalicharan Brahma, a spiritual leader and reformer known as the 'Mech Gandhi of Assam.'
Question 3 Apr 23, 2025
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What is the additional run-off factor imposed by the RBI on digital banking-enabled retail deposits under the revised LCR framework?
2.50%The Reserve Bank of India (RBI) has updated its Liquidity Coverage Ratio (LCR) framework to improve liquidity risk management and better align with global banking standards. A key revision includes the imposition of a 2.5% additional run-off factor on retail deposits enabled through digital platforms such as Internet Banking, Mobile Banking, and UPI. This percentage reflects the estimated portion of deposits that might be withdrawn during a period of financial stress, prompting banks to hold sufficient high-quality liquid assets. Initially, the draft guidelines proposed a 5% run-off, but after industry feedback, the final figure was reduced to 2.5%, offering relief to banks while ensuring system resilience.
Question 4 Apr 23, 2025
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Who has been nominated by India for the post of Director at the ITU's Radiocommunication Bureau?
Ms. M. RevathiIndia nominated Ms M. Revathi, who currently serves as Joint Wireless Advisor at the Department of Telecommunications, for the position of Director at the International Telecommunication Union's Radiocommunication Bureau. With a distinguished career spanning over 30 years, her nomination is not only significant in terms of her professional experience but also historic. If elected, she would become the first woman and the first individual from ITU Regions E and D to assume this prestigious leadership role in the Bureau, marking a milestone in gender and regional representation within the ITU.
Question 5 Apr 23, 2025
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In which Indian state was the ‘Garia and Borsho Boron Utsav 2025’ inaugurated by Chief Minister Manik Saha?
TripuraThe 'Garia and Borsho Boron Utsav 2025' was inaugurated in the state of Tripura by its Chief Minister, Manik Saha. Held in Agartala at Swami Vivekananda Maidan, this two-day cultural event celebrates the traditions of the Tripuri and Reang communities. Central to the festival is the Garia Puja, a spiritual ritual dedicated to Lord Shiva (Mahadev), which holds immense cultural importance among Tripura’s indigenous population. The event features traditional dances, folk music, and other artistic expressions that showcase the state's cultural vibrancy. Prominent political leaders and community members participated, reflecting the significance of the celebration in preserving regional heritage.