May 28, 2025 Current Affairs (English)

May 28, 2025 Current Affairs (English)

1. According to the RBI report, what was the value of India’s total exports in 2024–25?

A) $752.6 billion
B) $778.1 billion
C) $824.9 billion
D) $802.3 billion

Answer: C) $824.9 billion

2. What is the total allocation under the RoDTEP scheme for FY 2025–26?

A) ₹12,500 crore
B) ₹15,900 crore
C) ₹18,233 crore
D) ₹20,000 crore

Answer: C) ₹18,233 crore

3. Which categories of exporters have now been reinstated under the RoDTEP scheme?

A) SEZs only
B) EOUs and MSMEs
C) Advance Authorization holders, EOUs, and SEZ units
D) Only Advance Authorization holders

Answer: C) Advance Authorization holders, EOUs, and SEZ units

4. What special recognition was recently granted to East India tanned leather?

A) Patent certification
B) Export subsidy status
C) World Craft Council Award
D) Geographical Indication (GI) tag

Answer: D) Geographical Indication (GI) tag

5. What is the expected value of China’s low-altitude economy by the year 2030?

A) 1.5 trillion yuan
B) 2 trillion yuan
C) 2.8 trillion yuan
D) 3.5 trillion yuan

Answer: B) 2 trillion yuan

6. Which vertical range is considered “low-altitude” airspace?

A) Up to 500 meters
B) Between 1,000 to 5,000 meters
C) Below 1,000 meters (1 kilometre)
D) Above 3,000 meters

Answer: C) Below 1,000 meters (1 kilometre)

7. Which Indian state pioneered the Medicine from the Sky initiative?

A) Karnataka
B) Maharashtra
C) Telangana
D) Himachal Pradesh

Answer: C) Telangana

8. Which US firm signed an MoU with Pakistan’s newly formed Crypto Council?

A) Coinbase Inc
B) World Liberty Financial Inc (WLFI)
C) Liberty Crypto Trust
D) Blockchain America Ltd

Answer: B) World Liberty Financial Inc (WLFI)

9. What body flagged the risk of using crypto for illicit financing, which is relevant to India’s concerns?

A) WTO
B) G20
C) FATF (Financial Action Task Force)
D) UNCTAD

Answer: C) FATF (Financial Action Task Force)

10. What did the Supreme Court of India flag in May 2025 regarding crypto regulation?

A) Crypto taxes are too low
B) Crypto should be banned
C) Crypto is taxed without a legal framework
D) Only foreign crypto should be allowed

Answer: C) Crypto is taxed without a legal framework

11. Which major crypto scam highlighted the lack of investor protection in India?

A) OneCoin scam
B) Coinsecure hack
C) GainBitcoin scam
D) BitConnect Ponzi

Answer: C) GainBitcoin scam

12. What is the RBI’s pilot project for India’s digital currency called?

A) e₹ (Digital Rupee)
B) Crypto Bharat
C) INDCoin
D) Bharat Ledger

Answer: A) e₹ (Digital Rupee)

13. Who launched the Honey Mission in India?

A) Ministry of Agriculture
B) Ministry of Environment
C) Khadi and Village Industries Commission (KVIC) under the Ministry of MSME
D) NITI Aayog

Answer: C) Khadi and Village Industries Commission (KVIC) under the Ministry of MSME

14. Which tribal organic honey from Chhattisgarh gained recognition under the Honey Mission?

A) Devbhog Honey
B) Mahua Forest Honey
C) Sonhani Honey
D) Bastar Gold

Answer: C) Sonhani Honey

15. Which Indian states are leaders in honey entrepreneurship?

A) Kerala, Tamil Nadu, Haryana, Bihar
B) Uttar Pradesh, Gujarat, Jammu & Kashmir, West Bengal, Arunachal Pradesh
C) Punjab, Odisha, Karnataka, Assam
D) Rajasthan, Maharashtra, Telangana, Manipur

Answer: B) Uttar Pradesh, Gujarat, Jammu & Kashmir, West Bengal, Arunachal Pradesh

16. Through which digital platform can honey produced under the mission be sold?

A) Flipkart
B) Amazon
C) GeM (Government e-Marketplace) portal
D) MyGov

Answer: C) GeM (Government e-Marketplace) portal

17. What is the full form of AMCA?

A) Advanced Military Combat Aircraft
B) Advanced Medium Combat Aircraft
C) Aerodynamic Multi-role Combat Aircraft
D) Armed Medium-Class Aircraft

Answer: B) Advanced Medium Combat Aircraft

18. What generation of fighter jet is the AMCA classified as?

A) Third-generation
B) Fourth-generation
C) Fifth-generation
D) Sixth-generation

Answer: C) Fifth-generation

19. The AMCA is being developed to replace which aging Indian Air Force aircraft?

A) Mirage 2000 and Rafale
B) MiG and Jaguar fleets
C) Tejas and Su-30 MKI
D) Apache helicopters

Answer: B) MiG and Jaguar fleets

20. Which advanced radar system is planned for use in the AMCA?

A) Doppler Radar
B) Passive Electronically Scanned Array (PESA)
C) Active Electronically Scanned Array (AESA)
D) Conventional Mechanical Radar

Answer: C) Active Electronically Scanned Array (AESA)