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Daily Current Affairs Quiz for UPSC : 1 April 2025

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Daily Current Affairs Quiz for UPSC : 1 April 2025

Consider the following statements regarding Fully Accessible Route (FAR) bonds:

  1. FAR bonds are government securities that are fully accessible to both domestic and foreign investors.

  2. The introduction of FAR bonds aims to facilitate foreign investment in India’s sovereign debt market.

  3. FAR bonds are subject to investment limits imposed by the Reserve Bank of India (RBI) on foreign investors.

Which of the statements given above is/are correct?

Consider the following statements about Government Securities (G-Secs):

  1. G-Secs are issued by both the Central Government and State Governments.

  2. Treasury Bills (T-Bills) are long-term government securities with maturities exceeding 10 years.

  3. G-Secs carry credit risk as they are not backed by the government.

Which of the statements given above is/are correct?

Which of the following statements about the Arctic Council is/are correct?

  1. It is an intergovernmental forum comprising all United Nations members.

  2. Its primary focus is on military security in the Arctic region.

  3. It includes eight Arctic states and addresses sustainable development and environmental protection.

Which of the following statements about the Lomonosov Ridge is correct?

  1. It is a disputed underwater ridge in the Arctic Ocean.

  2. Only Russia has claimed it as part of its extended continental shelf.

  3. Claims over the ridge are governed by UNCLOS.

Which of the following statements about the Lomonosov Ridge is/are correct?

  1. It is a disputed underwater ridge in the Arctic Ocean.

  2. Only Russia has claimed it as part of its extended continental shelf.

  3. Claims over the ridge are governed by UNCLOS.

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    Daily Current Affairs Quiz for UPSC : 1 April 2025 | Vaid ICS Institute