Directions for the quiz:
Correct answer: Morningstar DBRS. • Morningstar DBRS upgraded India’s rating from BBB (low) to BBB in May 2025. • The stable outlook reflects India’s macroeconomic stability and structural reforms. • The GDP growth average of 8.2% during FY22–25 played a key role in this decision.
Correct answer: Structural reforms through infrastructure investment and digitalisation. • The upgrade acknowledged India’s major structural reforms in infrastructure and digitalisation. • These initiatives contributed to fiscal consolidation and economic stability. • India also maintained a stable exchange rate and controlled inflation during this period.
Correct answer: R-2 (high). • Morningstar DBRS upgraded India’s Short-Term Issuer Ratings to R-2 (high). • This reflects improved short-term creditworthiness and external stability. • The upgrade supports investor confidence in India’s financial fundamentals.
Correct answer: Market Infrastructure Institutions. • The new SEBI regulation targets Market Infrastructure Institutions (MIIs). • These include stock exchanges, clearing corporations, and depositories. • The rule improves governance by restricting directorship moves between competing MIIs.
Correct answer: Rs. 20 crore. • The CGSS expansion raised the guarantee limit to Rs. 20 crore per borrower. • This aims to boost lending for startups and reduce credit risk for banks. • The initiative complements the government’s Make in India mission.
Correct answer: To control Antimicrobial Resistance (AMR). • India banned 12 classes of antibiotics and 6 specific antimicrobials in aquaculture. • The goal is to reduce the risk of antimicrobial resistance (AMR) in seafood. • This also ensures food safety and aligns with global trade norms.
Correct answer: Government Services, Education, Healthcare, and Agriculture. • AI Pragya aims to train 10 lakh youth in AI across four critical sectors. • These sectors include Education, Government Services, Healthcare, and Agriculture. • The program is backed by the World Bank to enhance digital literacy.
Correct answer: To participate in Victory Day celebrations. • The minister joined the 80th Victory Day celebrations in Moscow. • The event honored the Soviet victory in WWII (1941–1945). • He also met with Russian President Vladimir Putin during the visit.
Correct answer: IBM and Tata Consultancy Services. • IBM and TCS collaborated with Andhra Pradesh to launch the Quantum Valley Tech Park. • It will house India’s largest quantum computer with a 156-qubit Heron processor. • This aligns with the goals of the National Quantum Mission (2023–2031).
Correct answer: Nuclear tests conducted at Pokhran in 1998. • National Technology Day is observed on May 11 each year. • It marks India’s successful nuclear tests at Pokhran in 1998 under Operation Shakti. • Dr. APJ Abdul Kalam played a key role in these developments.
