Current Affairs Quiz — 02 June 2025
Daily news by your exam, state and topic — each with a short summary, key facts and MCQs.
Under the Scheme to Promote Manufacturing of Electric Passenger Cars in India, at what reduced customs duty can approved applicants import e-4W CBUs?
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Correct answer: D — 15%
Approved applicants can import CBUs of e-4W with a minimum CIF value of USD 35,000 at a reduced customs duty of 15% for five years from the Application Approval Date.
What is the minimum investment commitment required from approved applicants under SPMEPCI?
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Correct answer: A — ₹4,150 crore
Approved applicants must make a minimum investment of ₹4,150 crore (about USD 500 million) within a three-year window.
What is the annual cap on the number of e-4Ws that an approved applicant can import at the reduced duty under SPMEPCI?
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Correct answer: C — 8,000
The maximum number of e-4W allowed to be imported at the reduced duty rate is capped at 8,000 per year, with carryover of unutilised limits permitted.
Consider the following statements about the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI): 1. Only e-4W CBUs with a minimum CIF value of USD 35,000 qualify for the reduced customs duty. 2. Approved applicants must commence manufacturing operations within five years of approval. Which of the above is/are correct?
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Correct answer: A — 1 only
Statement 1 is correct: the reduced duty applies to e-4W CBUs with a minimum CIF value of USD 35,000. Statement 2 is incorrect: applicants must set up the facility and commence manufacturing of e-4W within three years.
Which country's President, Santiago Peña Palacios, was on a State visit to India in June 2025?
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Correct answer: B — Paraguay
Santiago Peña Palacios, President of the Republic of Paraguay, was received by President Droupadi Murmu at Rashtrapati Bhavan on 2 June 2025 during his first State visit to India.
With which trade bloc, of which Paraguay is a part, does India have a Preferential Trade Agreement that PM Modi proposed expanding in June 2025?
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Correct answer: A — MERCOSUR
PM Modi noted that India has a Preferential Trade Agreement with MERCOSUR and said the two countries can work together to further expand it.
Consider the following statements about the visit of Paraguay's President to India in June 2025: 1. It was the second time a President of Paraguay had visited India. 2. The visit covered both Delhi and Mumbai. Which of the above is/are correct?
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Correct answer: C — Both 1 and 2
Both statements are correct. PM Modi called the visit historic as the second time a President of Paraguay had visited India, and noted it covered both Delhi and Mumbai.
In how many Indian languages does BharatGen, launched on 2 June 2025, offer AI solutions?
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Correct answer: B — 22
BharatGen integrates text, speech and image modalities and offers AI solutions in 22 Indian languages.
BharatGen is implemented through the TIH Foundation for IoT and IoE at which institution?
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Correct answer: D — IIT Bombay
BharatGen is implemented through the TIH Foundation for IoT and IoE at IIT Bombay, with support from the Department of Science and Technology.
Under which national mission was BharatGen developed?
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Correct answer: C — National Mission on Interdisciplinary Cyber-Physical Systems
BharatGen was developed under the National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS) of the Department of Science and Technology.
Which edition of IATA's Annual General Meeting did PM Modi address at Bharat Mandapam on 2 June 2025?
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Correct answer: D — 81st
PM Modi addressed IATA's 81st Annual General Meeting and the plenary session of the World Air Transport Summit at Bharat Mandapam, New Delhi.
According to PM Modi's address at the IATA AGM in June 2025, where does India rank among the world's domestic aviation markets?
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Correct answer: B — Third-largest
PM Modi said India today is the world's third-largest domestic aviation market.
Which Indian island territories did India and Japan discuss developing as Smart Islands during talks in Oslo on 2 June 2025?
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Correct answer: A — Andaman and Nicobar and Lakshadweep
Sarbananda Sonowal and Terada Yoshimichi discussed converting the Andaman and Nicobar and Lakshadweep islands into Smart Islands, drawing on Japan's expertise in island territories.
Which cooperative bodies does the world's largest cooperative food grain storage scheme, reviewed by Amit Shah on 2 June 2025, aim to benefit by raising their income?
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Correct answer: C — Primary Agricultural Credit Societies
The scheme aims to increase the income of Primary Agricultural Credit Societies (PACS) and create rural employment.