The question asks about the primary instrument used by the Reserve Bank of India (RBI) for monetary policy implementation, particularly in the post-1991 reform era. Monetary policy involves managing the supply of money and credit to achieve macroeconomic objectives like price stability, economic growth, and exchange rate stability. The RBI uses various tools, both quantitative and qualitative, to achieve these goals.
A) Repo rate — The repo rate is the primary short-term policy rate used by the RBI to manage liquidity, influence interest rates, and control inflation. It is a key instrument in the RBI's monetary policy framework, particularly emphasized after the 1991 reforms and the subsequent move towards market-based monetary management.
The question asks about the dominant economic system in India at the time of its independence in 1947. This requires recalling the economic policies and structure imposed by the British colonial rule.
Correct Option: B) Colonial agrarian economy
The question asks to identify a discretionary power of the President of India. Discretionary powers are those that the President can exercise based on their own judgment, without the binding advice of the Council of Ministers.
Correct Option: C) Appointing a Prime Minister when no party has a clear majority
The question asks to identify the geographical location of the Gulf of Mannar. This requires knowledge of the regional geography of South Asia, specifically the bodies of water and landmasses surrounding India and Sri Lanka.
B) India and Sri Lanka. The Gulf of Mannar is a large shallow bay forming part of the Laccadive Sea in the Indian Ocean. It lies between the southeastern tip of India and the west coast of Sri Lanka, separated from the Palk Bay by Adam's Bridge.
The question asks about the purpose of the 'Melt and Pour' rule within the DMI&SP Policy 2025. To answer this, one needs to understand the core objective of such policies, which typically aim to promote domestic manufacturing and self-reliance, especially in strategic sectors like steel.
Correct Option: C) Steel used in government-funded projects is completely manufactured in India
The 'Melt and Pour' rule in the DMI&SP Policy 2025 mandates that for steel to be considered domestically manufactured for government procurement, the entire process, starting from the melting of iron and pouring it into steel, must take place within India. This ensures that the steel used in government-funded projects is genuinely and completely manufactured in India, promoting self-reliance and supporting the domestic steel industry.
The question asks to identify an important Sikh festival that falls on November 5, 2025. This requires knowledge of the Sikh calendar and how festival dates align with the Gregorian calendar in a specific year.
C) Guru Nanak Jayanti — Guru Nanak Jayanti, also known as Gurpurab, commemorates the birth of Guru Nanak Dev Ji. It is one of the most sacred festivals in Sikhism. In 2025, this auspicious day falls on November 5th.
The question asks to identify the film that won the Best Picture award at the 25th IIFA Awards in 2025. This is a factual recall question related to current affairs and film awards. To answer this, one needs to be aware of the winners of major film awards, particularly the IIFA Awards.
B) Laapataa Ladies — This film was indeed awarded the Best Picture at the 25th IIFA Awards in 2025, recognizing its cinematic excellence.
The question asks to identify the Indian space tech startup that collaborated with Google to launch India's first private satellite constellation. This requires knowledge of recent developments in India's private space sector.
Correct Option: D) Pixxel is the Indian space tech startup that collaborated with Google to launch India's first private satellite constellation. Pixxel specializes in building and launching hyperspectral imaging satellites.
The question asks for the year in which the government initiative KIRTI (Khelo India Rising Talent Identification) was inaugurated. To answer this, one needs to know the specific launch date or year of this program.
Correct Option: B) 2024
The question asks to identify the Indian city chosen to host the 2025 Para Athletics World Championships. This requires knowledge of recent sports event announcements by global governing bodies.
A) New Delhi was officially announced by the World Para Athletics (WPA) as the host city for the 2025 Para Athletics World Championships. This will be the first time India hosts this prestigious event.