UPSC Daily Current Affairs MCQs | 4 October 2025

Non-Banking Financial Companies (NBFCs) are different from banks in which of the following ways?

1. They cannot accept demand deposits.
2. They are not part of the payment and settlement system.
3. They can issue cheques drawn on themselves.

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The expansion of social security coverage in India, recognized by the ISSA, was facilitated by which digital and financial foundations?

The "Significant Economic Presence (SEP)" criteria, recently in the news, was introduced in India to:

Which of the following is true about Saturn's moon Enceladus?

The NITI Aayog working paper on Permanent Establishment (PE) recommended which of the following to provide certainty to taxpayers?

The Net-Zero Banking Alliance, which was recently dissolved, was established under an initiative of:

The five core objectives of the PM Dhan-Dhaanya Krishi Yojana (PMDDKY) include:

1. Enhancing agricultural productivity.
2. Augmenting post-harvest storage capacity.
3. Enabling greater access to agricultural credit.
4. Promoting exclusive use of chemical fertilizers.

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Diethylene Glycol (DEG) and Ethylene Glycol (EG), contaminants found in some cough syrups, are often used as a substitute for which safer substance?

According to a recent IUCN report, protecting 30% of strategically selected land could secure how much stored carbon?

What is the primary purpose of the NATO Pipeline System (NPS), which Poland recently decided to join?

With reference to Stablecoins, consider the following statements:

1. They are cryptocurrencies pegged to stable assets like fiat currencies.
2. They are characterized by high price volatility, similar to Bitcoin.
3. A potential risk associated with them is the "run risk".

Which of the statements given above is/are correct?

India recently won the ISSA Award 2025 for Outstanding Achievement in Social Security. Which of the following initiatives contributed to this achievement?

1. Social Security Code, 2020
2. e-Shram Portal
3. Ayushman Bharat
4. Lakhpati Didi Initiative

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The Cassini spacecraft, recently in the news, has provided evidence for life on Saturn's moon, Enceladus. The mission was a joint project of which space agencies?

The term 'Mud Volcano', recently seen in news due to an eruption in the Andaman and Nicobar Islands, refers to a formation where what is erupted?

With reference to the national song 'Vande Mataram', consider the following statements:

1. It was composed in Sanskrit by Rabindranath Tagore.
2. It was first published in the novel 'Anandamath'.
3. It was adopted to have equal status with the National Anthem by the Constituent Assembly.

Which of the statements given above is/are correct?

With reference to the Self-Regulatory Organisation (SRO) for Non-Banking Financial Companies (NBFCs), consider the following statements:

1. An SRO must be set up as a for-profit company under the Companies Act, 2013.
2. To ensure independence, at least one-third of its Board of Directors must be independent.
3. The Finance Industry Development Council (FIDC) was recently granted SRO status by the RBI.

Which of the statements given above is/are correct?

The identification of 100 Aspirational Agriculture Districts (AADs) under the Prime Minister Dhan-Dhaanya Krishi Yojana (PMDDKY) is based on which of the following factors?

1. Low crop intensity
2. Below-average access to credit
3. High farmer distress
4. Low productivity

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Recently in the news, the RBI announced measures to promote the internationalisation of the Rupee. Which of the following is/are part of these measures?

1. Permitting authorised dealer banks to lend in INR to non-residents.
2. Allowing Special Rupee Vostro Accounts (SRVA) balances to be invested in corporate bonds.
3. Prohibiting the use of SRVA balances for government securities investment.

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Consider the following statements regarding the 'Tribal Village Vision 2030 Declaration':

1. It was adopted as part of the Adi Karmayogi Abhiyan.
2. It envisages the establishment of Adi Sewa Kendras as single-window service centres.

Which of the statements given above is/are correct?

What is a 'Permanent Establishment (PE)', often seen in the news in the context of international taxation?