1. Which institution approved the Guidelines for Institutional Development Plan (IDP) for Higher Education Institutions (HEIs)?
[A] NITI Aayog
[B] UGC
[C] AICTE
[D] CBSE
Show Answer
Correct Answer: B [UGC]
Notes:
Recently, the University Grants Commission (UGC) approved the Guidelines for Institutional Development Plan (IDP) for Higher Education Institutions (HEIs).
These guidelines are intended to assist HEIs in attaining academic and research excellence while enhancing the quality of teaching and learning. Additionally, the IDP will offer direction to HEIs in exercising academic, administrative, financial, and business autonomy, while maintaining accountability.
2. How many deaths were recorded due to manual scavenging in the last five years in India?
[A] 25
[B] 15
[C] 10
[D] 0
Show Answer
Correct Answer: D [0]
Notes:
Union government said that India had seen no deaths due to manual scavenging in the last five years, as per the data submitted by the Social Justice Ministry.
It also added that 330 people had died while being engaged in cleaning sewers and septic tanks. Social Justice Ministry says manual scavenging no longer practised in India; Tamil Nadu, Chhattisgarh, Bihar among States with all districts reporting free status.
3. Which company is preparing to launch the world’s largest privately-owned satellite called JUPITER-3?
[A] Space X
[B] Virgin Galactic
[C] Blue Origin
[D] Boeing
Show Answer
Correct Answer: A [Space X]
Notes:
SpaceX is preparing to launch the world’s largest privately-owned satellite, called JUPITER-3. This impressive satellite will be sent into space aboard SpaceX’s Falcon Heavy rocket from Launch Complex 39A in Florida.
This launch will be the seventh for the robust triple-booster rocket.
4. Which country has launched the ‘Young Professional Scheme’ for visas to Indians aged between 18 and 30?
[A] USA
[B] UK
[C] Australia
[D] Canada
Show Answer
Correct Answer: B [UK]
Notes:
The British government has opened its second ballot under the UK-India Young Professional Scheme. This is a scheme for Indians aged between 18 and 30 years with graduate-level qualifications for visas to the United Kingdom.
It offers eligible young Indians the opportunity to live, work or study in UK for up to two years. This joint scheme between UK and India was formally launched this year in February. This scheme will enable candidates to enter the UK at any time while their visa is valid and leave or return anytime during their stay.
5. Which country has successfully launched its first communications satellite named ‘Lingxi-03’?
[A] Japan
[B] China
[C] North Korea
[D] Australia
Show Answer
Correct Answer: B [China]
Notes:
China successfully launched its first communications satellite, Lingxi-03, featuring an ultra-thin flexible solar wing to test technologies for a massive 13,000-satellite broadband mega constellation in low-Earth orbit.
It aims to compete with SpaceX’s Starlink. The satellite was launched atop a Long March 2D rocket from the Taiyuan Satellite Launch Centre in central China.
6. Which institution has released the guidelines on Corporate Debt Market Development Fund (CDMDF)?
[A] RBI
[B] SEBI
[C] Finance Ministry
[D] BSE
Show Answer
Correct Answer: B [SEBI]
Notes:
The capital markets regulator – SEBI (Securities and Exchange Board of India) has released the guidelines for the Corporate Debt Market Development Fund (CDMDF).
The fund’s purpose is to serve as a backstop facility, facilitating the purchase of investment-grade corporate debt securities during times of market stress, thereby boosting confidence among participants in the corporate debt market.
7. How many characters are present in Legal Entity Identifier (LEI)?
[A] 10
[B] 12
[C] 15
[D] 20
Show Answer
Correct Answer: D [20]
Notes:
The LEI (Legal Entity Identifier) is a unique 20-character code that serves as a global identifier for legal entities involved in financial transactions. It aims to create a reference data system for uniquely identifying entities across jurisdictions.
The capital market regulator – Securities and Exchange Board of India (SEBI) has mandated that all non-individual Foreign Portfolio Investors (FPIs) must provide their Legal Entity Identifier (LEI) details in the common application form used for registration, KYC, and account opening.
8. Which Union Ministry launched the ‘ULLAS (Understanding Lifelong Learning for All in Society) initiative’?
[A] Ministry of Education
[B] Ministry of Finance
[C] Ministry of Corporate Affairs
[D] Ministry of MSME
Show Answer
Correct Answer: A [Ministry of Education]
Notes:
Union Ministry of Education inaugurated the logo, slogan – “Jan Jan Sakshar,” and the mobile application for ULLAS: Nav Bharat Saksharta Karyakram.
The ULLAS initiative aims to transform education and literacy nationwide by creating a learning ecosystem that provides basic education, digital and financial literacy, and critical life skills to individuals aged 15 and above who missed the chance to attend school.
9. ‘National Moth Week’ is observed in which month?
[A] June
[B] July
[C] August
[D] September
Show Answer
Correct Answer: B [July]
Notes:
‘National Moth Week’ is observed across the country during July 22 to July 28. It encourages scientists and non-scientists to participate in surveys of moths.
A total of 26 species of moths were observed across the Nilgiris by students in Udhagamandalam throughout the National Moth Week. A total of 146 moths have been recorded in the Nilgiris over the years.
10. Which institution barred intermediaries for annuities business?
[A] RBI
[B] SEBI
[C] PFRDA
[D] IRDAI
Show Answer
Correct Answer: C [PFRDA]
Notes:
Pension regulator PFRDA has barred Annuity Service Providers (ASPs) from deploying any agency of intermediaries for sourcing annuities business from NPS subscribers upon their retirement or exit from the NPS.
Annuities under National Pension System (NPS) can be issued by ASPs only under direct channels, as per the official sources.