May 02, 2025 Current Affairs (English)

May 02, 2025 Current Affairs (English)

1. What is the primary objective of the United States-Ukraine Reinvestment Fund?

A) To provide loans for Ukrainian agricultural development
B) To support Ukraine’s reconstruction and manage profits from natural resource permits
C) To grant the US ownership of Ukrainian gas infrastructure
D) To fund US military bases in Eastern Europe

Answer: B) To support Ukraine’s reconstruction and manage profits from natural resource permits

2. Under the US-Ukraine Economic Partnership Agreement, what percentage of profits and royalties from new Ukrainian natural resource permits will Ukraine receive?

A) 25%
B) 50%
C) 75%
D) 100%

Answer: B) 50%

3. What is meant by “Mineral Diplomacy”?

A) Diplomatic efforts to ban rare earth mineral exports
B) Using mineral resources in international deals for economic and political gain
C) Promoting mineral-based tourism
D) Sending diplomats to mine-rich countries

Answer: B) Using mineral resources in international deals for economic and political gain

4. Which minerals are the United States primarily interested in accessing through the agreement with Ukraine?

A) Coal, gold, and copper
B) Titanium, uranium, and lithium
C) Silver, lead, and zinc
D) Bauxite, tin, and iron

Answer: B) Titanium, uranium, and lithium

5. What is the primary goal of the WAVES 2025 Summit?

A) Promote agricultural exports
B) Position India as a global hub for IP creation, media innovation, and cultural exchange
C) Regulate online education platforms
D) Launch new television channels in India

Answer: B) Position India as a global hub for IP creation, media innovation, and cultural exchange

6. What does the term “Orange Economy” primarily refer to?

A) Export of citrus fruits and spices
B) Economic activities driven by creativity, culture, and intellectual property
C) Government-led tourism promotion campaigns
D) Trade agreements among South Asian countries

Answer: B) Economic activities driven by creativity, culture, and intellectual property

7. What is the tagline of WAVES 2025?

A) “Innovate India, Inspire the World”
B) “Connecting Creators, Connecting Countries”
C) “Create in India, Export to the World”
D) “Digital Culture, Global Reach”

Answer: B) “Connecting Creators, Connecting Countries”

8. Which major initiative was taken by the Indian government to boost the creator economy before WAVES 2025?

A) Launch of BharatNet
B) $1 billion fund to support India’s creator economy
C) Implementation of GST on digital content
D) Ban on international streaming platforms

Answer: B) $1 billion fund to support India’s creator economy

9. Which ministry conducted the first Forward-Looking Survey on Private Sector Capex Investment Intentions?

A) Ministry of Finance
B) Ministry of Commerce and Industry
C) Ministry of Statistics and Programme Implementation (MoSPI)
D) Ministry of Corporate Affairs

Answer: C) Ministry of Statistics and Programme Implementation (MoSPI)

10. Over which time period was the Capex survey conducted?

A) January – March 2024
B) April – June 2024
C) November 2024 – January 2025
D) July – September 2023

Answer: C) November 2024 – January 2025

11. Which prestigious award was conferred upon Satwiksairaj Rankireddy and Chirag Shetty in recognition of their achievements in badminton?

A) Arjuna Award
B) Dronacharya Award
C) Major Dhyan Chand Khel Ratna Award
D) Rashtriya Khel Protsahan Puruskar

Answer: C) Major Dhyan Chand Khel Ratna Award

12. Which award is specifically meant to recognize excellence in coaching in Indian sports?

A) Arjuna Award
B) Maulana Abul Kalam Azad Trophy
C) Dronacharya Award
D) Khel Protsahan Puruskar

Answer: C) Dronacharya Award

13. What is the total estimated value of the recent Foreign Military Sale (FMS) deal approved by the U.S. for India under the IPMDA initiative?

A) $231 million
B) $100 million
C) $131 million
D) $75 million

Answer: C) $131 million

14. Which software is central to the U.S.-India maritime surveillance deal for tracking vessels and detecting suspicious activities?

A) DeepBlue AI
B) SeaVision
C) RadarNet
D) OceanGuard

Answer: B) SeaVision

15. Which U.S.-based company is the principal contractor involved in the India-U.S. maritime surveillance deal?

A) Lockheed Martin
B) Raytheon
C) Hawkeye 360
D) Boeing

Answer: C) Hawkeye 360

16. What is a Private Member’s Bill (PMB)?

A) A bill introduced by a Cabinet Minister
B) A bill introduced by the President
C) A bill introduced by a Member of Parliament who is not a Minister
D) A bill introduced by a Governor

Answer: C) A bill introduced by a Member of Parliament who is not a Minister

17. How many Private Members’ Bills have been passed by both Houses of Parliament since Independence?

A) 0
B) 5
C) 14
D) 25

Answer: C) 14

18. What is Operation Kagar?

A) A rescue operation during a natural disaster
B) A counterterrorism mission against cross-border threats
C) A large-scale counterinsurgency campaign against Naxals
D) An anti-drug trafficking operation

Answer: C) A large-scale counterinsurgency campaign against Naxals

19. When did the Union Government launch Operation Kagar?

A) January 2022
B) January 2023
C) January 2024
D) March 2025

Answer: C) January 2024

20. Which of the following areas are considered core zones of Operation Kagar?

A) Srinagar, Amritsar, and Lucknow
B) Bastar, Gadchiroli, and West Singhbhum
C) Guwahati, Siliguri, and Kolkata
D) Jaipur, Indore, and Bhopal

Answer: B) Bastar, Gadchiroli, and West Singhbhum