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- Daily Current Affairs Quiz: 15 February, 2025
[1]. What is the primary objective of SEBI’s newly launched MITRA platform?
| [A]. Regulating mutual fund schemes |
| [B]. Tracing and reclaiming inactive mutual fund folios |
| [C]. Introducing new investment opportunities |
| [D]. Monitoring insider trading violations |
Correct Answer: B [Tracing and reclaiming inactive mutual fund folios]
[2]. Which organization publishes the annual Climate Risk Index (CRI) report?
| [A]. United Nations Environment Programme (UNEP) |
| [B]. Intergovernmental Panel on Climate Change (IPCC) |
| [C]. Germanwatch |
| [D]. World Meteorological Organization (WMO) |
Correct Answer: C [Germanwatch]
[3]. During his visit to France in February 2025, what did Prime Minister Narendra Modi gift to French President Emmanuel Macron?
| [A]. Madhubani painting |
| [B]. Dokra artwork |
| [C]. Tanjore painting |
| [D]. Pashmina shawl |
Correct Answer: B [Dokra artwork]
[4]. Which major change does the Income-tax Bill, 2025 introduce compared to the Income-tax Act, 1961?
| [A]. Removal of GST provisions |
| [B]. Introduction of "tax year" concept |
| [C]. Abolishment of capital gains tax |
| [D]. Separate tax slabs for individuals and corporations |
Correct Answer: B [Introduction of "tax year" concept]
[5]. Which of the following is NOT a valid reason for imposing President’s Rule?
| [A]. Breakdown of constitutional machinery in the state |
| [B]. Failure to comply with directives from the Union |
| [C]. Political instability due to lack of majority |
| [D]. Economic recession in the state |
Correct Answer: D [Economic recession in the state]
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