1. Who will be the pilot for the Axiom-4 mission to the ISS, making him the first Indian astronaut to visit the station?
A) Rakesh Sharma
B) Gagandeep Singh
C) Shubhanshu Shukla
D) Rajesh Sharma
E) Sunil Sharma
Answer: C) Shubhanshu Shukla
Explanation: Group Captain Shubhanshu Shukla has been selected as the pilot for the Axiom-4 mission, a private initiative by Axiom Space, making him the first Indian astronaut to visit the International Space Station (ISS).
2. INSV Tarini is associated with which of the following missions?
A) Navika Sagar Parikrama-II
B) Samudra Setu
C) Project Seabird
D) Varuna Mission
E) Ocean Shakti
Answer: A) Navika Sagar Parikrama-II
Explanation: INSV Tarini is an Indian Navy sailboat used for long-duration voyages. It is part of the Navika Sagar Parikrama-II mission, where two women officers are circumnavigating the globe to showcase India’s maritime potential and promote women’s participation in ocean sailing.
3. Which Indian state had the highest per-capita consumption expenditure on food in 2023-24?
A) Kerala
B) Assam
C) Delhi
D) Arunachal Pradesh
E) Tamil Nadu
Answer: B) Assam
Explanation: According to the Household Consumption Expenditure Survey (HCES) 2023-24, Assam had the highest per-capita consumption expenditure on food, accounting for 53.2% of total spending.
4. What is the estimated real GDP growth for India in FY25, according to the Economic Survey 2025?
A) 5.8%
B) 6.1%
C) 6.4%
D) 6.7%
E) 7.0%
Answer: C) 6.4%
Explanation: The Economic Survey 2025 estimates that India’s real GDP growth for FY25 will be 6.4%, with private final consumption expenditure (PFCE) growing at 7.3%, mainly driven by rural demand.
5. What is the projected PFCE share of GDP in FY25, making it the highest since FY03?
A) 58.5%
B) 59.7%
C) 60.3%
D) 61.8%
E) 63.2%
Answer: D) 61.8%
Explanation: The Economic Survey 2025 reports that private final consumption expenditure (PFCE) as a share of GDP will rise to 61.8% in FY25, the highest since FY03.
6. According to NABARD’s Rural Economic Conditions and Sentiments Survey (January 2025), what percentage of rural households reported increased consumption?
A) 72.3%
B) 75.8%
C) 78.5%
D) 80.1%
E) 85.2%
Answer: C) 78.5%
Explanation: NABARD’s January 2025 survey found that 78.5% of rural households reported an increase in their consumption expenditure over the past year, driven by higher MSPs and a bumper Kharif crop.
7. What is the urban-rural gap in monthly per capita expenditure (MPCE) as per HCES 2023-24?
A) 70%
B) 75%
C) 80%
D) 85%
E) 90%
Answer: A) 70%
Explanation: The urban-rural gap in MPCE declined from 84% in 2011-12 to 70% in 2023-24, reflecting a narrowing consumption gap due to sustained rural growth.
8. What was the growth rate of passenger vehicle sales in April-November 2024?
A) 3.5%
B) 4.2%
C) 5.0%
D) 6.8%
E) 7.3%
Answer: B) 4.2%
Explanation: According to the Federation of Automobile Dealers Associations, passenger vehicle sales growth slowed to 4.2% in April-November 2024, compared to 9.2% in the previous year, reflecting weaker urban demand.
9. What is the estimated total private sector investment commitment for FY25, as per the Economic Survey 2025?
A) ₹1.6 trillion
B) ₹2.0 trillion
C) ₹2.45 trillion
D) ₹3.0 trillion
E) ₹3.5 trillion
Answer: C) ₹2.45 trillion
Explanation: The Economic Survey 2025 highlighted that private sector investment commitments rose to ₹2.45 trillion for FY25, compared to ₹1.6 trillion in FY24, signaling an investment recovery.
10. What recent action has the RBI taken against Aviom India Housing Finance?
A) Revoked its banking license
B) Ordered a forensic audit
C) Filed for Corporate Insolvency Resolution Process (CIRP)
D) Merged it with another financial institution
E) Issued a monetary penalty
Answer: C) Filed for Corporate Insolvency Resolution Process (CIRP)
Explanation: The RBI filed a petition for the initiation of the Corporate Insolvency Resolution Process (CIRP) against Aviom India Housing Finance due to governance concerns and payment defaults.
