Showing questions for September 23, 2025
- Total: 21 questions
Question 11 Sep 23, 2025
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Which group of beneficiaries did Chief Minister Rekha Gupta specifically mention would be empowered by the new GST reforms?
Poor, youth, farmers, women, traders, and MSMEsIn her address, the Chief Minister stated that the reforms will empower the poor, youth, farmers, women, traders, and micro, small, and medium enterprises (MSMEs). This comprehensive inclusion reflects the government’s aim to strengthen economic self-reliance across various sections of society. She emphasized that the direct benefits of NextGen GST are reaching every citizen. The reform includes tax reductions on essential items, which particularly aids low-income groups. By supporting MSMEs and farmers through lower GST rates, the policy promotes inclusive growth.
Question 12 Sep 23, 2025
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What is the new GST rate applicable to life-saving drugs according to the recent reform?
Zero per centThe article states that life-saving drugs are now tax-free under the revised GST structure introduced on September 22, 2025. This is part of a broader reduction affecting around 375 goods and services, timed with the start of Navaratri. Other medicines now attract only a 5 per cent GST, enhancing affordability for common citizens. The move has been welcomed as a significant healthcare relief measure. It aligns with the government’s goal of making essential medical supplies accessible to all.
Question 13 Sep 23, 2025
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What concern did Rakesh Kumar Yadav, President of the Federation of Sadar Bazar Trades Association, raise regarding the new GST regime?
Complicated refund mechanismRakesh Kumar Yadav expressed concern over the adjustment-based GST refund process, stating that traders who paid higher GST earlier (e.g., 18%) won't receive a direct 13% refund when the rate drops to 5%. Instead, the amount will be adjusted, potentially affecting working capital. He called for a simpler and more transparent refund system. This issue could impact cash flow for small businesses relying on timely refunds. His remarks highlight implementation challenges despite the overall positive reception of tax cuts.
Question 14 Sep 23, 2025
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A 4.3-magnitude earthquake struck just east-southeast of which city in the San Francisco Bay Area on September 23, 2025?
BerkeleyThe earthquake hit at 2:58 a.m. PDT, centered just east-southeast of Berkeley, jolting residents awake with strong shaking and phone alerts. Although no major damage or injuries were reported by the US Geological Survey, the tremor caused widespread alarm and stirred anxiety about seismic risks in the region. Social media was flooded with reports of swaying lights and startled pets. Officials conducted infrastructure checks as daylight broke, reminding citizens of California’s vulnerability to earthquakes due to its location on active fault lines. This event underscored the importance of preparedness in one of the most seismically active zones in the United States.
Question 15 Sep 23, 2025
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In Japan, what is the slogan of the Liberal Democratic Party's leadership race following Shigeru Ishiba's departure?
Change, LDPThe ruling Liberal Democratic Party in Japan launched its official campaign to find a successor to Shigeru Ishiba, adopting the slogan 'Change, LDP' to signal a shift toward restoring political stability and public trust. The party has faced significant setbacks, losing its majority in both houses of parliament due to declining voter confidence. Five candidates are competing in a highly unpredictable election scheduled for early October. The new leader will face urgent challenges, including tackling rising inflation and reviving support ahead of future elections. This leadership contest is seen as critical for the survival of the long-dominant LDP amid growing dissatisfaction.