Q1. The Pagdi system, recently targeted for reform by the Maharashtra government, is primarily associated with which sector?
A. Agricultural land ownership
B. Urban rent-control housing
C. Industrial labour contracts
D. Cooperative banking
✅ Answer: B
📝 Explanation:
The Pagdi system is a century-old rent-control arrangement in Mumbai’s housing market , where tenants pay a lump sum (pagdi) and enjoy long-term tenancy rights.
Q2. MahaCrimeOS AI, launched by Maharashtra in partnership with Microsoft, is aimed at improving:
A. Election monitoring
B. Cybercrime investigation
C. Land record digitisation
D. Traffic surveillance
✅ Answer: B
📝 Explanation:
MahaCrimeOS AI is an advanced AI-based platform designed to modernise and accelerate cybercrime investigations across Maharashtra.
Q3. The Reserve Bank of India recently eased norms related to which of the following facilities?
A. Fixed Deposits only
B. Gold Loans only
C. Cash Credit, Overdraft & Current Accounts
D. Retail Digital Payments
✅ Answer: C
📝 Explanation:
RBI eased norms for CC, OD, and Current Accounts to improve credit access , based on stakeholder feedback.
Q4. The CBDT’s recent action against intermediaries was related to misuse of provisions under which law?
A. Companies Act, 2013
B. Income Tax Act, 1961
C. GST Act, 2017
D. Benami Transactions Act
✅ Answer: B
📝 Explanation:
CBDT acted against intermediaries filing bogus ITRs using fake deductions and exemptions under the Income Tax Act, 1961 .
Q5. According to the latest update, India has become the world’s:
A. 3rd largest economy
B. 4th largest economy
C. 5th largest economy
D. Largest emerging economy
✅ Answer: B
📝 Explanation:
India is now the 4th largest economy globally , supported by a resilient and dynamic financial sector .
Q6. China’s trade surplus crossed USD 1 trillion for the first time mainly due to strong exports to:
A. United States and Canada
B. Africa and Latin America
C. Europe, Australia & Southeast Asia
D. Middle East and Africa
✅ Answer: C
📝 Explanation:
China’s surplus surged due to exports to non-US markets , especially Europe, Australia, and Southeast Asia , despite falling U.S. shipments.
Q7. The “First-India” Mutual Fund launched by Sberbank provides exposure to:
A. Sensex
B. Nifty Bank Index
C. Nifty50 Index
D. MSCI India Index
✅ Answer: C
📝 Explanation:
The First-India Mutual Fund allows Russian retail investors exposure to India’s equity market via the Nifty50 Index .
Q8. The World Bank’s USD ~600 million clean air financing will benefit which regions?
A. Deccan Plateau
B. Coastal Andhra & Odisha
C. Indo-Gangetic Plains & Himalayan Foothills
D. Western Ghats
✅ Answer: C
📝 Explanation:
The financing targets Uttar Pradesh and Haryana , benefiting ~270 million people across the IGP and Himalayan Foothills .
Q9. SEBI recently expanded the definition of “Strategic Investor” to widen participation in:
A. IPOs only
B. Mutual Funds
C. REITs and InvITs
D. Sovereign Bonds
✅ Answer: C
📝 Explanation:
SEBI expanded the definition for REITs & InvITs to increase investor participation in public issues .
Q10. Which foreign bank received RBI approval to open a new branch in Pune after nearly a decade?
A. Citibank
B. HSBC
C. JPMorgan Chase & Co.
D. Deutsche Bank
✅ Answer: C
📝 Explanation:
JPMorgan Chase & Co. received in-principle RBI approval to open a new branch in Pune, its first expansion in India in almost 10 years .
Q11. Boreendo, recently discussed in news, belongs to which country?
A. India
B. Pakistan
C. Afghanistan
D. Iran
✅ Answer: B
📝 Explanation:
Boreendo (Pakistan) was inscribed on UNESCO’s List of Intangible Cultural Heritage in Need of Urgent Safeguarding .
Q12. Kopra Reservoir, declared Chhattisgarh’s first Ramsar Site, is located in which district?
A. Raipur
B. Durg
C. Bilaspur
D. Bastar
✅ Answer: C
📝 Explanation:
Kopra Reservoir in Bilaspur district became Chhattisgarh’s first Ramsar Wetland .
Q13. TIME Magazine’s Person of the Year 2025 was awarded to:
A. Sam Altman
B. Elon Musk
C. Architects of Artificial Intelligence
D. OpenAI Team
✅ Answer: C
📝 Explanation:
TIME honoured the “Architects of Artificial Intelligence” for shaping AI as a central force in global life.
Q14. Vaibhav Suryavanshi’s 171-run knock was recorded in which tournament?
A. ICC U-19 World Cup
B. Vijay Hazare Trophy
C. U-19 Asia Cup
D. Ranji Trophy
✅ Answer: C
📝 Explanation:
The 14-year-old prodigy scored 171 runs vs UAE in the U-19 Asia Cup 2025 .
Q15. National Energy Conservation Day is observed annually on:
A. 5 December
B. 10 December
C. 14 December
D. 21 December