02-Jun-25: UPSC Current Affairs Daily Quiz With Answers

Ques:1

Consider the following statements with respect to Special Purpose Vehicle (SPV)

1. An SPV is a separate legal entity created for a specific purpose or activity.
2. SPVs are directly liable for the debts of the parent company.
3. SPVs are managed and owned exclusively by the government.

How many of the above statements is/are correct?

Ques:2

Consider the following statements regarding Maintenance and Welfare of Parents and Senior Citizens Act, 2007

1. It is a legislation, initiated by Ministry of Social Justice and Empowerment.
2. This act provides an in-expensive and speedy procedure to claim monthly maintenance for parents and senior citizens.
3. This act also provides for the setting up of old age homes for providing maintenance to the indigent senior citizens and parents.

How many of the above statements is/are correct?

Ques:3

Consider the following statements with reference to Ahilyabai Holkar

1. Maharani Ahilyabai Holkar was a ruler of the Malwa territory.
2. She was a great pioneer and builder of Hindu temples.
3. She is known as Punyashlok.

How many of the above statements is/are incorrect?

Ques:4

Consider the following statements with reference to National Cooperative Consumers Federation of India (NCCF)

1. It was established to function as the apex body of consumer cooperatives.
2. The management of NCCF vests in the Board of Directors.
3. NCCF operates under the Ministry of Finance, Government of India.

How many of the above statements is/are correct?

Ques:5

When did the Supreme Court rule that women officers are eligible for Permanent Commission and command roles in the Army?

Ques:6

Consider the following with reference to ‘Private Final Consumption Expenditure (PFCE)’:

1. The PFCE refers to the total value of goods and services consumed by households within a country in a given period.
2. It includes both durable and non-durable goods, as well as services like education and healthcare.
3. PFCE forms a significant component of India’s GDP, often contributing more than 55% to the total.
4. Expenditures by non-profit institutions serving households (NPISH) are also included under PFCE.

How many of the above is/are correct?

Ques:7

Which of the following statements are correct in respect of Arms Act, 1959:

1. It consolidates and amends the law relating to arms and ammunition in India.
2. It prohibits the acquisition and possession of firearms without a valid license.
3. It allows private citizens to own automatic weapons under special circumstances.

Select the answer using the code given below:

Ques:8

Which of the following institutions initiated the establishment of the Financial Stability Board (FSB)?

Ques:9

Consider the following with reference to the India Meteorological Department (IMD):

1. The IMD functions under the Ministry of Earth Sciences.
2. It is responsible for weather forecasting, cyclone warnings, and earthquake prediction in India.
3. The IMD operates the Mausam mobile application to disseminate weather-related information to the public.

How many of the above is/are not correct?

Ques:10

The term ‘Virtual Digital Assets’ was officially defined by the Indian government in which of the following contexts?