1. Which entity recently received SEBI’s approval to launch mutual fund operations using quantitative strategies?
Correct answer: Capitalmind Financial Services. • Capitalmind AMC, led by Deepak Shenoy, received SEBI’s approval for mutual fund operations. • It will offer actively managed equity funds using quantitative models. • Capitalmind already manages ₹2,000 crore+ in PMS and AIF assets for 1,400+ clients.
2. Which bank executed India’s first gold forward deal from GIFT City in collaboration with Hindustan Platinum?
Correct answer: HDFC Bank. • HDFC Bank executed India’s first gold forward deal via its International Banking Unit. • It partnered with Hindustan Platinum, a global precious metals refiner. • Gold forward contracts allow hedging against price volatility.
3. Which state became the first to implement SC sub-categorisation in India?
Correct answer: Telangana. • Telangana implemented SC sub-categorisation following a Supreme Court verdict. • The related bill received Governor’s assent on April 8 and was gazetted on April 14, 2025. • It aims to rationalize reservation within the Scheduled Castes.
4. Which organization projected India’s GDP growth at 6.5% for FY26, citing both risks and positives?
Correct answer: CRISIL. • CRISIL projected 6.5% GDP growth for India in FY2026. • It noted risks like US tariff hikes and positives like RBI rate cuts and tax relief. • These measures are expected to support consumer demand.
5. What is the main reason for the decline in India’s WPI inflation to 2.05% in March 2025?
Correct answer: Vegetable price deflation. • WPI inflation dropped to 2.05% in March 2025 from 2.38% in February. • The key driver was a steep 15.88% deflation in vegetable prices. • Food inflation eased to 1.57%, though manufactured goods inflation rose to 3.07%.
6. Where was the mascot Gajsingh for the Khelo India Youth Games 2025 unveiled?
Correct answer: Samvad Hall, Patna. • The mascot and logo were unveiled on April 14, 2025, at Samvad Hall, Patna. • The Games will be held in Bihar from May 4 to May 15, 2025. • Elements of Bihar’s heritage like Mahabodhi Temple and Madhubani art were featured.
7. Which state government launched a Solar Mission aligned with PM’s rooftop solar scheme?
Correct answer: Nagaland. • Nagaland launched its Solar Mission on April 14, 2025. • It supports rooftop solar installations under the PM Surya Ghar: Muft Bijli Yojana. • The goal is to reduce power deficits and promote renewable energy.
8. Which renowned gastroenterologist was honored with the ‘Legends of Endoscopy’ award in Tokyo?
Correct answer: Dr. D. Nageshwar Reddy. • Dr. D. Nageshwar Reddy received the ‘Legends of Endoscopy’ award in Tokyo. • He is the Chairman of AIG Hospitals, Hyderabad. • The award recognizes his global contributions to gastrointestinal endoscopy.
9. Which Indian airport ranked 9th busiest globally in 2024, according to ACI World?
Correct answer: Indira Gandhi International Airport. • Delhi’s IGI Airport handled 77 million passengers in 2024. • It was ranked 9th busiest in the world by ACI World. • The ranking reflects India’s growing aviation footprint and global connectivity.
10. Which Indian IT firms category led the 2025 Brand Finance IT Services Rankings?
Correct answer: IT Services Giants. • Indian IT Services companies dominated the 2025 Brand Finance rankings. • This reflects their strong global brand value and market leadership. • India continues to be a key player in the global technology services sector.
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