Showing questions for August 11, 2025
- Total: 27 questions
Question 16 Aug 11, 2025
▼
How much sitting fees and commissions did each of Mukesh Ambani’s three children receive in FY 2025?
₹2.3 croreIn FY 2025, each of Mukesh Ambani’s three children—who serve as non-executive directors at Reliance Industries—received ₹2.3 crore as sitting fees and commissions. This highlights the distinction between executive and non-executive roles within family-run corporations. While Mukesh Ambani draws no salary, his children are compensated for their board participation and governance responsibilities. Their roles involve oversight rather than day-to-day management, justifying fixed remuneration for time and expertise. This practice reflects corporate governance norms where non-executive directors are paid for their contributions to strategic decision-making and compliance.
Question 17 Aug 11, 2025
▼
What is the primary reason Indian refiners find Russian crude oil economically advantageous?
Deep discounts and high compatibility with India’s refining systemsIndian refiners rely heavily on Russian crude oil because it is available at deep discounts and is highly compatible with India’s advanced refining infrastructure. Russian Urals crude supports high yields of middle distillates like diesel and jet fuel, which are in strong domestic demand. This compatibility allows refiners to operate above nameplate capacity while maintaining healthy profit margins. On a landed cost basis, non-Russian alternatives are approximately $5 per barrel more expensive, making a switch economically burdensome. As a result, replacing Russian crude would entail an estimated annual cost increase of $3–5 billion, reinforcing India’s continued dependence despite geopolitical concerns.
Question 18 Aug 11, 2025
▼
What was India’s budget allocation for 'Aid to Afghanistan' in the fiscal year 2025-26?
₹100 croreIn the 2025-26 fiscal year, India allocated ₹100 crore for 'Aid to Afghanistan' under its Neighbourhood First policy. This follows a decline from ₹350 crore in 2021-22 to ₹200 crore in subsequent years, with revised estimates dropping further to ₹50 crore. The renewed allocation indicates India’s ongoing, albeit cautious, engagement with Afghanistan despite the lack of formal recognition of the Taliban regime. India focuses on humanitarian assistance, education, and capacity-building, while countering China’s growing influence through initiatives like the Chabahar port project. The aid reflects strategic diplomacy aimed at maintaining regional influence amidst evolving geopolitical dynamics.
Question 19 Aug 11, 2025
▼
Nepal has opened how many peaks in its remote western region for free climbing to boost tourism?
97 peaksNepal has waived the royalty for 97 peaks in Karnali and Sudurpashchim provinces for the next two years to attract climbers to less-visited areas. These mountains range from 5,870 to 7,132 meters in altitude and are expected to boost economic activity in remote regions. The initiative is part of a broader strategy to promote mountain tourism beyond the popular Everest and Annapurna circuits. By eliminating fees, Nepal aims to diversify its tourism offerings and support local communities in underdeveloped areas. This move could also encourage sustainable tourism and infrastructure development in these regions.
Question 20 Aug 11, 2025
▼
Which country's government declared a three-month state of emergency in its central region due to rising gang violence and a food crisis?
HaitiHaiti’s government announced a three-month state of emergency in the West, Artibonite, and Centre departments to combat surging gang violence and address the worsening food crisis. The measure aims to restore security and ensure humanitarian access in affected regions. Persistent gang activity has disrupted supply chains and displaced thousands, exacerbating hunger. The declaration allows for enhanced security operations and coordination with international aid organizations. This emergency reflects the deepening instability in one of the Caribbean’s most vulnerable nations.