May 07, 2025 Current Affairs (English)

May 07, 2025 Current Affairs (English)

1. When were the FTA negotiations between India and the UK formally launched?

A. May 2021
B. January 2022
C. March 2024
D. February 2025

Answer: B. January 2022

2. What percentage of Indian goods exported to the UK will now face zero tariffs under the FTA?

A. 85%
B. 90%
C. 99%
D. 100%

Answer: C. 99%

3. Why did India opt for bilateral FTAs like the one with the UK instead of joining RCEP?

A. To improve ties with China
B. To remain isolated in global trade
C. To avoid a China-dominated framework
D. To get more EU investments

Answer: C. To avoid a China-dominated framework

4. Which UK sector benefits most from tariff reductions in the Indian market under the FTA?

A. Dairy
B. Automobiles
C. Electronics
D. Software

Answer: B. Automobiles

5. What prompted India to launch ‘Operation Sindoor’?

A. Border skirmish in Siachen
B. Attack on Indian Army base
C. April 22 terror attack in Pahalgam
D. Drone incursion in Punjab

Answer: C. April 22 terror attack in Pahalgam

6. Which terror groups’ infrastructure was targeted during Operation Sindoor?

A. Hizbul Mujahideen and Al-Badr
B. Jaish-e-Mohammed and Lashkar-e-Taiba
C. Taliban and Al-Qaeda
D. ISIS and Boko Haram

Answer: B. Jaish-e-Mohammed and Lashkar-e-Taiba

7. Under which article of the UN Charter did India justify Operation Sindoor?

A. Article 2
B. Article 42
C. Article 51
D. Article 33

Answer: C. Article 51

8. What key areas were targeted in Pakistan and PoK during Operation Sindoor?

A. Rawalpindi and Karachi
B. Lahore and Islamabad
C. Bahawalpur, Muridke, Muzaffarabad, and Kotli
D. Quetta and Multan

Answer: C. Bahawalpur, Muridke, Muzaffarabad, and Kotli

9. What diplomatic stance did Pakistan take after Operation Sindoor?

A. Accepted responsibility for the Pahalgam attack
B. Denied involvement in its territory
C. Invoked Article 51, claiming India violated international norms
D. Requested joint investigations with India

Answer: C. Invoked Article 51, claiming India violated international norms

10. What is India’s rank in the UNDP 2025 Human Development Index (HDI)?

A. 110
B. 130
C. 95
D. 145

Answer: B. 130

11. What is the theme of the 2025 Human Development Report (HDR)?

A. “Beyond Growth: Human Choices”
B. “Equality and Sustainability for All”
C. “A Matter of Choice: People and Possibilities in the Age of AI”
D. “Technology and the Future of Work”

Answer: C. “A Matter of Choice: People and Possibilities in the Age of AI”

12. In which area has India shown the highest improvement according to the 2025 HDR?

A. Female labour participation
B. Life expectancy
C. GNI per capita
D. Gender equality in politics

Answer: B. Life expectancy

13. In which year did the Supreme Court quash the RBI circular banning banking services for crypto-related transactions?

A. 2017
B. 2018
C. 2020
D. 2022

Answer: C. 2020

14. Which taxation provisions currently apply to cryptocurrency trading in India?

A. 15% tax and 5% GST
B. No taxation
C. 30% tax on gains and 1% TDS
D. 20% tax and 2% cess

Answer: C. 30% tax on gains and 1% TDS

15. What is the main reason why crypto transactions are linked to Hawala?

A. Crypto is illegal in India
B. Crypto is fully transparent
C. Crypto transactions offer anonymity and bypass formal banking
D. Crypto is regulated by SEBI

Answer: C. Crypto transactions offer anonymity and bypass formal banking

16. What observation did the Supreme Court of India recently make regarding Bitcoin trading in India?

A. It is fully regulated and legal
B. It resembles stock market trading
C. It is equivalent to legal tender
D. It resembles a sophisticated Hawala system

Answer: D. It resembles a sophisticated Hawala system

17. What was the key purpose of the 10th round of Foreign Office Consultations between India and Slovenia held in 2025?

A. Signing a free trade agreement
B. Reviewing and enhancing bilateral cooperation
C. Military alliance formation
D. Creating a joint currency

Answer: B. Reviewing and enhancing bilateral cooperation

18. Which year will mark the 35th anniversary of diplomatic relations between India and Slovenia?

A. 2024
B. 2025
C. 2026
D. 2027

Answer: D. 2027

19. What is the common nickname of the Saola (Pseudoryx nghetinhensis)?

A. Asian Gazelle
B. Himalayan Elk
C. Asian Unicorn
D. Forest Ghost

Answer: C. Asian Unicorn

20. Where is the natural habitat of the Saola?

A. Sundarbans Delta
B. Annamite Mountains (Vietnam-Laos border)
C. Eastern Himalayas
D. Indo-Gangetic Plain

Answer: B. Annamite Mountains (Vietnam-Laos border)