25 june : Daily Current Affairs Quiz

Answer: (b) It merges textile infrastructure with plug-and-play industrial setups

Explanation:

• (a) Incorrect – The scheme is not specific to jute or only Northeast India.

• (b) Correct – PM MITRA parks integrate textile value chains and provide infrastructure + ready-to-operate facilities, boosting efficiency and investment.

• (c) Incorrect – The scheme welcomes FDI, not restricts it.
  (d) Incorrect – Job reservation is a state matter and not mandated under PM MITRA.

Answer: (c) India has extended the wheat export ban due to food inflation concerns

Explanation:

• (a) Incorrect – WTO made no such directive on India's wheat export ban.

• (b) Incorrect – India is managing wheat supplies domestically; no significant import plan from Australia was reported.

• (c) Correct – The wheat ban continues due to low procurement and domestic inflation control efforts.

(d) Incorrect – There’s no confirmed commitment under ITEC for large wheat exports at this time.

Answer: (c) They mandate a minimum material recovery rate for key battery metals

Explanation:

• (a) Incorrect – Lithium-ion batteries are not banned; they remain the norm.

• (b) Incorrect – There is no such financial restriction on foreign EV firms.

• (c) Correct – The new rules focus on recovery of metals like lithium, cobalt, and nickel to ensure circular economy practices.

(d) Incorrect – Private sector recycling is allowed and encouraged.

Answer: (c) It is a collective body of villages focusing on convergence of schemes

Explanation:

• (a) Incorrect – No such financial monitoring tool was reported under this name.

• (b) Incorrect – It is unrelated to school content delivery networks.

• (c) Correct – "Gram Unnati Mandals" are aimed at planning development at cluster level for better convergence and integrated rural development.

• (d) Incorrect – It is not a cooperative or medical body.

Answer: (b) It indicates market distrust in India’s fiscal roadmap

Explanation:

• (a) Incorrect – Bond yields don't directly influence CRR decisions, which are RBI policy tools.

• (b) Correct – Rising yields can signal investor anxiety over fiscal deficits, government borrowing, or inflation fears.

• (c) Incorrect – Yields affect borrowing costs, not necessarily direct tax collections.

• (d) Incorrect – Sovereign green bonds are a separate category and not withdrawn.