1. The MSME classification in India is based on:
(a) Investment and turnover
(b) Number of employees
(c) Export volume
(d) Loan amount
2. Consider the following statements about the New Income Tax Regime introduced for individual taxpayers in 2025:
1. It offers lower tax rates but removes most exemptions and deductions.
2. Taxpayers can choose between the old and new tax regimes every financial year.
3. The new regime provides higher basic exemption limits than the old regime.
4. Under the new regime, senior citizens (above 60 years) get additional tax benefits.
Which of the above statements is/are correct?
(a) 1 and 2 only
(b) 1, 2 and 3 only
(c) 1 and 3 only
(d) 1, 2, 3 and 4
3. Which of the following statements about India’s oil trade is/are correct?
1. India is one of the largest importers of crude oil globally.
2. The majority of India’s crude oil imports come from the Middle East.
3. India exports more petroleum products than it imports.
4. India has no strategic petroleum reserves to manage supply disruptions.
Select the correct answer:
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1, 2 and 3 only
(d) All of the above
4. The Udyam Portal is primarily used for which of the following purposes?
(a) Registration of Micro, Small and Medium Enterprises (MSMEs) in India
(b) Monitoring the stock market investments of small businesses
(c) Issuing licenses for agricultural exports
(d) Providing health insurance to rural artisans
5. The Axiom-4 mission is significant because it is:
(a) India’s fourth lunar exploration mission
(b) The fourth private astronaut mission to the International Space Station (ISS)
(c) The fourth Indian satellite launched for weather monitoring
(d) A collaborative mission between ISRO and NASA to Mars
6. With reference to the Three-Language Policy in India, consider the following statements:
1. The policy aims to promote Hindi, English, and the regional language in all states uniformly.
2. States in southern India have often opposed the imposition of Hindi under the policy.
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
7. The National Crime Records Bureau (NCRB) functions under which ministry of the Government of India?
(a) Ministry of Home Affairs
(b) Ministry of Law and Justice
(c) Ministry of Statistics and Programme Implementation
(d) Ministry of Social Justice and Empowerment
8. Consider the following statements:
Statement I:
Ethanol blending in petrol can reduce India’s crude oil import bill and support rural incomes.
Statement II:
Ethanol blending relies partly on using C-heavy molasses and broken rice that are not suitable for human consumption.
Statement III:
All vehicles in India, regardless of manufacturing year, are compatible with E20 ethanol-blended fuel without any modification.
Which one of the following is correct in respect of the above statements?
(a) Both Statement II and Statement III are correct and both of them explain Statement I
(b) Both Statement II and Statement III are correct but only one of them explains Statement I
(c) Only one of the Statements II and III is correct and that explains Statement I
(d) Neither Statement II nor Statement III is correct
9. Consider the following with reference to the Gautam Buddha and Buddhism:
1. The First Buddhist Council was held at Rajgir under the patronage of King Ajatashatru.
2. Buddhism does not recognize the existence of a soul (Atman) as in Hindu philosophy.
3. Buddhism accepts the Vedic authority of the Upanishads.
How many of the above is/are not correct?
(a) Only one
(b) Only two
(c) All three
(d) None
10. Consider the following statements regarding the Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP):
1. The primary objective of PMBJP is to provide quality medicines at affordable prices and reduce out-of-pocket expenditure.
2. The Pharmaceuticals & Medical Devices Bureau of India (PMBI) is the implementing agency for the scheme.
3. The scheme was originally launched in 2016 under its present name.
Which of the statements given above is/are correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2 and 3
ANSWERS for Daily Current Affairs Prelims Practice (12-08-2025):
1. Answer: (a)
2. Answer: (a)
3. Answer: (a)
4. Answer: (a)
5. Answer: (b)
6. Answer: (b)
7. Answer: (a)
8. Answer: (c)
9. Answer: (a)
10. Answer: (a)
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