1. With reference to the “Next-Generation GST Reforms (2025)”, consider the following statements:
1. The reform proposes reducing GST slabs to two rates of 5% and 18%.
2. Decisions in the GST Council require approval by more than half of the weighted votes of members present and voting.
3. One of the objectives of the reform is to correct inverted duty structures that hurt Indian manufacturing.
Which of the above statements is/are correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2 and 3
2. Most electronics like TVs and fridges are taxed under which GST slab?
(a) 5%
(b) 12%
(c) 18%
(d) 28%
3. The Jan Vishwas Act, 2023 primarily aims at:
(a) Increasing jail terms for corporate violations
(b) Decriminalizing minor procedural violations
(c) Eliminating all taxes for MSMEs
(d) Replacing GST with a new tax system
4. With reference to the proposal of “One Nation, One Election” in India, consider the following statements:
1. It seeks to hold elections to the Lok Sabha and all State Legislative Assemblies simultaneously.
2. The idea was first formally recommended by the Law Commission of India in its 170th Report (1999).
3. Implementation would require amendments to the Constitution, the Representation of the People Act, 1951.
Which of the above statements is/are correct?
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2 and 3
5. Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) is implemented by which ministry?
(a) Ministry of Finance
(b) Ministry of Labour and Employment
(c) Ministry of Skill Development and Entrepreneurship
(d) Ministry of Commerce and Industry
6. Which of the following statements are correct in respect of Archaeological Survey of India (ASI)?
1. It functions under the Ministry of Culture, Government of India.
2. It is responsible for archaeological research and the protection of cultural heritage in India.
3. It was founded in 1861 by Alexander Cunningharn.
Select the answer using the code given below:
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2 and 3
7. Consider the following statements:
Statement 1:
UPI 2.0 introduced the feature of linking overdraft accounts in addition to savings and current accounts.
Statement 2:
This allows customers to use UPI not only for fund transfer but also for accessing credit seamlessly.
Which one of the following is correct in respect of the above statements?
(a) Both statement 1 and Statement 2 are correct and statement 2 explains statement 1
(b) Both statement 1 and Statement 2 are correct and statement 2 does not explains statement 1
(c) Statement 1 is correct, but Statement 2 is incorrect
(d) Statement 2 is correct, but Statement 1 is incorrect
8. Which ministry oversees Aadhaar in India?
(a) Ministry of Home Affairs
(b) Ministry of Electronics and Information Technology (MeitY)
(c) Department of Telecommunications (DOT)
(d) Ministry of Finance
9. Consider the following statements
I. India has surpassed Pakistan and Bangladesh in per capita income, both in nominal and PPP terms.
II. India ranks as the world’s third-largest economy in terms of purchasing power parity (PPP).
Which of the statements given above is/are correct?
(a) I only
(b) II only
(c) Both I & II
(d) Neither I nor II
10. Which one of the following statements about the Giri River is correct?
(a) It flows southwest and joins the Yamuna at Prayagraj
(b) It originates in Uttarakhand and joins the Ganga
(c) It is a tributary of the Yamuna originating in the hills of Himachal Pradesh
(d) It is a seasonal river found only in the Thar Desert
ANSWERS for Daily Current Affairs Prelims Practice (18-08-2025):
1. Answer: (c)
2. Answer: (c)
3. Answer: (b)
4. Answer: (d)
5. Answer: (b)
6. Answer: (d)
7. Answer: (a)
8. Answer: (b)
9. Answer: (c)
10. Answer: (c)
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