31 May : Daily Current Affairs Quiz

Answer: (c) To promote responsible and inclusive development of Artificial Intelligence

Explanation:

• The India AI Mission focuses on creating a comprehensive ecosystem for AI innovation and application, with an emphasis on responsibility, inclusivity, and trustworthiness.

(a) and (d) are not primary aims; (b) is related to another initiative (Semicon India).

Answer: (b) It allows trading of credits for verified environmental actions like afforestation

Explanation:

• The Green Credit Programme promotes sustainable environmental practices by awarding tradable credits for activities like tree plantation and afforestation.

• Other options do not match the official framework of this initiative.

Answer: (c) It regulates large digital gatekeepers and promotes market fairness

Explanation:

• The EU's Digital Markets Bill targets dominant digital platforms, aiming to curb anti-competitive behavior and ensure smaller players have access to the market.

Options (a), (b), and (d) are incorrect and do not reflect the bill’s purpose.

Answer: (c) India met the required criteria on trade surplus and forex intervention

Explanation:

• The U.S. Treasury removes countries from the Currency Monitoring List when they no longer meet the thresholds related to trade surpluses, persistent intervention in foreign exchange markets, and current account balances.

(a), (b), and (d) are not true in this context.

Answer: (c) To improve citizen oversight on government schemes and reduce corruption

Explanation:

• The Supreme Court underlined the importance of legal frameworks enabling social audits, public feedback, and grievance redress mechanisms to enhance transparency and accountability in governance.

• Options (a), (b), and (d) are unrelated to the SC’s observations.