[1]. Recently, SEBI issued an advisory cautioning investors about the risks associated with investing in digital gold, which refers to buying and owning gold electronically without physically holding the metal. Which of the following statements about digital gold is correct?

[A]. It is fully regulated by SEBI and considered a security

[B]. It operates outside SEBI’s regulatory purview and carries counterparty and operational risks

[C]. It guarantees government-backed protection for all investors

[D]. It cannot be converted into physical forms such as coins or jewellery

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[2]. Recently, the Union Cabinet approved the Credit Guarantee Scheme for Exporters (CGSE) to provide 100% guarantee coverage for additional credit support to eligible exporters. Which of the following statements about the CGSE is correct?

[A]. It provides guarantee support only for large exporters and excludes MSMEs

[B]. It offers full guarantee for additional collateral-free loans up to 20%

[C]. It is implemented by the Ministry of Commerce through the DGFT

[D]. The scheme is valid until 2030 and offers partial (50%) guarantee coverage

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[3]. Recently, the IICA and WNS Global Services jointly launched the YBRANT Programme to prepare students for leadership roles focused on sustainability and responsible business. Which of the following statements about the YBRANT Programme is correct?

[A]. It focuses only on corporate finance and risk management

[B]. It is a government-only initiative with no private sector involvement

[C]. It integrates CSR, ESG, and sustainability into management education

[D]. It aims to train students exclusively for roles in public sector enterprises

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[4]. Recently, the Climate Risk Index (CRI) 2026 was released at COP30 in Belém, highlighting long-term global impacts of extreme weather events. Which of the following statements about the CRI 2026 is correct?

[A]. It ranks countries based on human and economic impacts of extreme weather events

[B]. It is published annually by the World Bank

[C]. It covers only meteorological hazards such as storms

[D]. It was first published in 2020

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[5]. Recently, the Ministry of Power and the Ministry of Housing & Urban Affairs inaugurated India’s first and largest MWh-scale Vanadium Redox Flow Battery (VRFB) system of 3 MWh capacity. Which of the following statements about Vanadium Redox Flow Batteries (VRFBs) is correct?

[A]. They store energy in solid electrodes similar to lithium-ion batteries

[B]. They use vanadium liquid electrolytes with scalable energy.

[C]. They cannot store energy for long durations due to high self-discharge

[D]. They cannot be used with renewable energy sources

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