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Daily-mcqs 03 Jan 2025

Current Affairs MCQs for UPSC & State PSC Exams 03 Jan 2025

Current Affairs MCQs for UPSC & State PSC Exams

Q1:

Match the following:

Column A (Platforms)

Column B (Details)

1. Vagsheer

a.    The lead ship of Project-17A series with advanced stealth technology and superior sensors.

2. Surat

b.    The sixth and final submarine of the Scorpene-class under Project 75, built with advanced sonar systems.

3. Nilgiri

c.    The fourth and final ship of Project 15B stealth destroyers with enhanced combat capabilities, sensors, and weapon systems.

Choose the correct matching option:

A: 1-a, 2-b, 3-c

B: 1-b, 2-c, 3-a

C: 1-c, 2-b, 3-a

D: 1-b, 2-a, 3-c

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Answer: B

Explanation:

Vagsheer is the sixth and final submarine of the Scorpene-class (Project 75), built with advanced sonar systems and designed for anti-surface and anti-submarine warfare, along with special operations.

Surat is the fourth and final stealth destroyer of Project 15B, equipped with enhanced sensors and weapon systems.

Nilgiri is the lead ship of Project-17A with advanced stealth characteristics and superior weaponry and sensors.

Q2:

Assertion (A): On December 31, 2024, the Union government declared the catastrophic landslide in Wayanad as a national disaster of "severe nature".
Reason (R): Declaring a disaster as of "rare severity" allows the affected state to receive national-level assistance.

Which of the following options is correct?

A: Both Assertion (A) and Reason (R) are true, and Reason (R) correctly explains Assertion (A).

B: Both Assertion (A) and Reason (R) are true, but Reason (R) does not correctly explain Assertion (A).

C: Assertion (A) is true, but Reason (R) is false.

D: Assertion (A) is false, but Reason (R) is true.

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Answer: A

Explanation:

Assertion (A) is true because the Union government indeed declared the Wayanad landslide as a national disaster to help Kerala access national-level funding for rehabilitation.

Reason (R) is true as well. When a disaster is classified as of "rare severity," the state receives various types of financial support, including funds from the NDRF and CRF, as part of the national disaster relief process. Thus, Reason (R) correctly explains the rationale behind the declaration in Assertion (A).

Q3:

What is the most likely implication of the projected 20% CAGR in India’s defense sector from FY24 to FY29?

A: India will become fully self-dependent on defence sector by FY29.

B: India will significantly increase its defense exports.

C: The government will reduce its defense budget allocation.

D: India will face a decline in technological advancements in the defense sector.

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Answer: B

Explanation:

The projected 20% CAGR in India’s defense sector indicates a substantial growth in domestic production, which is likely to drive an increase in defense exports. With domestic production improving, India is expected to enhance its exports, with a forecasted 19% annual growth from FY24 to FY29.

Q4:

Which of the following statements about the Financial Stability Report (FSR) 2024 are true?

1.    The Gross Non-Performing Asset (GNPA) ratio for Scheduled Commercial Banks (SCBs) dropped to 2.6% as of September 2024.

2.    The Net Non-Performing Asset (NNPA) ratio increased to 0.8% in September 2024.

3.    The Provisioning Coverage Ratio (PCR) improved to 77% due to proactive provisioning by Public Sector Banks (PSBs).

Options:

A: Only 1

B: 2 and 3 only

C: Only 1 and 3

D: All of the above

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Answer: C

Explanation: