National Affairs
1. Which Indian state has been officially declared the first fully literate state as of May 20, 2025?
A) Kerala
B) Mizoram
C) Goa
D) Tripura
Answer: B) Mizoram
Explanation: On May 20, 2025, Mizoram was officially declared a fully literate state by Chief Minister Lalduhoma during a ceremony at Mizoram University in Aizawl.
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2. Which Indian banks were penalized by the Reserve Bank of India (RBI) in May 2025 for regulatory non-compliance?
A) HDFC Bank and ICICI Bank
B) State Bank of India and Axis Bank
C) Deutsche Bank India and Yes Bank
D) Punjab National Bank and Bank of Baroda
Answer: C) Deutsche Bank India and Yes Bank
Explanation: The RBI imposed monetary penalties on Deutsche Bank India and Yes Bank for regulatory non-compliance.
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๐ International Affairs
3. Which two countries signed an agreement on May 22, 2025, to transfer sovereignty of the Chagos Archipelago?
A) India and Sri Lanka
B) United Kingdom and Mauritius
C) France and Seychelles
D) United States and Maldives
Answer: B) United Kingdom and Mauritius
Explanation: On May 22, 2025, the United Kingdom and Mauritius formally signed an agreement to transfer sovereignty of the Chagos Archipelago to Mauritius.
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4. Which cryptocurrency exchange became the first to be included in the S&P 500 Index in May 2025?
A) Binance
B) Coinbase
C) Kraken
D) Gemini
Answer: B) Coinbase
Explanation: In May 2025, USA-based Coinbase joined the S&P 500 Index, becoming the first cryptocurrency exchange to be included.
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๐ Economy & Business
5. What is Morgan Stanley's upgraded GDP growth forecast for India for FY26?
A) 6.0%
B) 6.2%
C) 6.5%
D) 6.8%
Answer: B) 6.2%
Explanation: On May 21, 2025, Morgan Stanley upgraded its forecast for India's GDP growth to 6.2% for FY26.
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6. Which company is investing $1.5 billion in a display module plant near Chennai as part of its manufacturing expansion in India?
A) Samsung
B) Apple (via Foxconn)
C) Dell
D) LG
Answer: B) Apple (via Foxconn)
Explanation: Apple is significantly expanding its manufacturing operations in India, with its primary contractor, Foxconn, investing $1.5 billion in a display module plant near Chennai.
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๐ก️ Defence & Security
7. How many Kirti Chakras were conferred on defence and police personnel as reported on May 23, 2025?
A) 4
B) 5
C) 6
D) 7
Answer: C) 6
Explanation: On May 23, 2025, 6 Kirti Chakras were conferred on defence and police personnel.
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8. Which Indian company collaborated with Sparton to indigenize Anti-Submarine Warfare (ASW) systems?
A) Bharat Electronics Limited
B) Adani Defence & Aerospace
C) Hindustan Aeronautics Limited
D) Larsen & Toubro
Answer: B) Adani Defence & Aerospace
Explanation: Adani Defence & Aerospace collaborated with Sparton to indigenize Anti-Submarine Warfare (ASW) systems.
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๐ฟ Environment & Important Days
9. What is the theme of the International Day for Biological Diversity observed on May 22, 2025?
A) "Biodiversity and Climate Change"
B) "Harmony with Nature and Sustainable Development"
C) "Protecting Our Species"
D) "Our Solutions are in Nature"
Answer: B) "Harmony with Nature and Sustainable Development"
Explanation: The theme for the International Day for Biological Diversity 2025 is "Harmony with Nature and Sustainable Development."
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10. Which day is observed globally as World Turtle Day?
A) May 20
B) May 21
C) May 23
D) May 25
Answer: C) May 23
Explanation: World Turtle Day is observed annually on May 23 to raise awareness about turtle conservation.
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