GK Express of 10/11/2025

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🌟 “Discipline is the bridge between goals and accomplishment.” 🌟

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📚 Current Affairs Coach

1. The Ministry of Finance announced major reforms for Municipal Bonds in India, increasing their period of registration to 10 years to boost urban finance ecosystems.
Whar are the types of bonds in India?
Comment in the blog

2. The World Bank released its Business Ready (B-READY) report, replacing the long-standing Doing Business report, providing a comprehensive assessment of the business environment in various countries.
Name the 5 group members of World Bank Group?
Comment in the blog

3. The 5th Marine Fisheries Census (MFC) 2025 has been launched across India's coastal states to document the socio-economic status of the marine fishing community.
Which state in India has the longest coast line?
Comment in the blog

📖 Know Your English

Word: Abate

Meaning: (Of something hostile, threatening, or negative) become less intense or widespread.

Synonyms: Subside, moderate, decrease, lessen

Example: The violent storm finally began to abate after two hours, allowing emergency services to venture out.

🚆ECONOMY COACH

👆 Click a question to see the answer

1. Which term describes the difference between the face value of a currency and its production cost?

➡️ The term is Seigniorage. This difference is essentially the profit or revenue earned by the government or central bank (RBI) from the process of issuing currency.

2. What is the primary objective of the Regional Rural Banks (RRBs) established in India?

➡️ The primary objective of RRBs, established in 1975, is to provide credit and other banking facilities for the development of agriculture, trade, industry, and other productive activities in rural areas, especially targeting small and marginal farmers.

3. What is the role of the Securities and Exchange Board of India (SEBI)?

➡️ SEBI is the statutory regulatory body for the securities market (capital market) in India. Its primary role is to protect the interests of investors in securities and to regulate the securities market to promote its development and stability.

🚆 GOVERNANCE COACH

👆 Click a question to see the answer

1. Which committee recommended the establishment of the Lokpal and Lokayuktas in India?

➡️ The establishment of the Lokpal (at the Centre) and Lokayuktas (in the states) was first recommended by the First Administrative Reforms Commission (ARC) in 1966, chaired by Morarji Desai. These are statutory anti-corruption ombudsman bodies.

2. What are the core features of the concept of 'E-Governance'?

➡️ E-Governance is the application of Information and Communication Technology (ICT) for delivering government services, exchanging information, conducting transactions, and integrating various stand-alone systems. Its core features are efficiency, transparency, and improved service delivery to citizens.

3. What is the main principle behind the 'Public Services Delivery Guarantee Act'?

➡️ The main principle is to legally guarantee the timely delivery of public services (like obtaining licenses, birth/death certificates, ration cards) to citizens. It specifies penalties for officials who fail to provide the services within the stipulated timeframe.

🚆INDIAN ART AND CULTURE COACH

👆 Click a question to see the answer

1. The famous Ajanta and Ellora Caves are indicative of the development of art under which dynasty?

➡️ The paintings and sculptures in the Ajanta and Ellora Caves primarily indicate the development of art under the Vakatakas (Ajanta) and the Rashtrakutas (Ellora). The caves showcase Buddhist, Hindu, and Jain rock-cut architecture.

2. The classical dance form Sattriya originated and developed in which Indian state?

➡️ Sattriya is a major classical dance form that originated in the monasteries (Sattras) of Assam. It was introduced by the great Vaishnavite saint Srimanta Sankardev in the 15th century as a medium for propagating the Vaishnava faith.

3. What does the festival 'Nabakalebara' celebrated in Odisha signify?

➡️ The Nabakalebara festival, primarily associated with the Jagannath Temple in Puri, Odisha, signifies the re-embodiment of the deities (Lord Jagannath, Balabhadra, Subhadra, and Sudarshan). It involves the ceremonial creation of new wooden idols and occurs every 8, 12, or 19 years.

💡 Did You Know?

🇮🇳 India's Public Sector Undertakings (PSUs) were historically classified into three categories: Navratna, Miniratna, and Maharatna, based on their revenue, net worth, and strategic importance.

This classification system allows the companies greater autonomy in financial decision-making.

🌍 The World Bank’s Doing Business report, which measured the ease of doing business, has been discontinued and replaced by the new Business Ready (B-READY) project after facing controversy over data manipulation.

The B-READY report will focus more broadly on sustainable and resilient business environments.

❓ Question of the Day

What are the four components used to calculate the Global Hunger Index (GHI)?

Answer: The four components used to calculate the Global Hunger Index (GHI) are: 1) Under-nourishment (insufficient caloric intake); 2) Child Wasting (low weight for height); 3) Child Stunting (low height for age); and 4) Child Mortality (death rate of children under age five). These measure both short-term and long-term effects of hunger.

✍️ Answer These Questions

1. Who was the first Indian to become a member of the British House of Commons?

2. Which major river is known as the 'lifeline' of Lucknow?

➡️ Submit your answers using the form below:

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