24 Jul, 2025

1. Consider the following statements regarding stablecoins:

  1. They are always backed by physical commodities like gold and silver.
  2. Algorithmic stablecoins are backed by cryptocurrency reserves.
  3. The GENIUS Act provides a legal framework for US dollar-pegged stablecoins.

Which of the statements given above is/are correct?

2. The gene AcSERK3, recently in the news for its role in pineapple cultivation, is associated with which of the following functions?

3. With reference to the MiG-21 fighter jets, consider the following statements:

  1. It was India’s first indigenously developed supersonic fighter aircraft.
  2. The aircraft was licensed for production in India by Hindustan Aeronautics Limited.
  3. MiG-21s were used effectively during the 1971 Indo-Pak war.

Which of the above statements are correct?

4. Which of the following components constitute the RBI’s Financial Inclusion Index (FI-Index)?

  1. Access
  2. Quality
  3. Affordability
  4. Usage

Select the correct answer using the code below:

5. Which of the following provisions or judgments relate(s) to the prohibition and rehabilitation of manual scavengers in India?

  1. Article 23 prohibits forced labour, applicable to manual scavenging.
  2. The NAMASTE scheme provides capital subsidies and safety gear to sanitation workers.
  3. Supreme Court judgment in Safai Karamchari Andolan v. Union of India (2014) mandated ?10 lakh compensation for sewer deaths.

Select the correct answer using the code given below: