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Correct Answer : Option (D) - 200 crores of rupees
Originally, the assets of the Issue Department were to consist of not less than two-fifths of gold coin, gold bullion or sterling securities provided the amount of gold was not less than Rs. 40 crore in value. The remaining three-fifths of the assets might be held in rupee coins, Government of India rupee securities, eligible bills of exchange and promissory notes payable in India. Due to the exigencies of the Second World War and the post-war period, these provisions were considerably modified. Since 1957, the Reserve Bank of India is required to maintain gold and foreign exchange reserves of Rs. 200 crore (2 billion), of which at least Rs. 115 crore should be in gold and Rs. 85 crore in the form of Government Securities. The system as it exists today is known as the minimum reserve system.
Correct Answer : Lakshya Sen
* Lakshya Sen, the 23-year-old Indian badminton star from Almora, clinched third place at the King Cup International Badminton Open in Bangkok. * He defeated French rising star Alex Lanier in the bronze-medal playoff with a convincing scoreline of 21-17, 21-11. * This achievement highlights Lakshya’s consistent performance and resilience on the international stage despite narrowly missing out in the semifinals.
Correct Answer : Jasprit Bumrah
* Jasprit Bumrah made history as the fastest Indian bowler to reach 200 wickets in Test cricket, achieving this milestone in just 44 Tests. * He surpassed the previous record held by Mohammed Shami. Bumrah's exceptional performance, including a standout display in the Boxing Day Test against Australia, helped him achieve this feat with remarkable efficiency. His average of 19.56 made him the first bowler to reach 200 wickets with a sub-20 average, further cementing his place among the best Test bowlers globally.
Correct Answer : 6.5-6.8%
* Deloitte forecasts the Indian economy to grow at 6.5-6.8% in FY25, driven by strong domestic consumption, infrastructure development, and digitisation efforts. * While challenges such as geopolitical tensions and global liquidity constraints may pose risks, India’s resilience in services, manufacturing exports, and stable capital markets provides a solid foundation for sustained economic growth.
