Daily Current Affairs MCQ: 11th November 2025 with solutions Attempt Free

1. Financial Sector Assessment (FSA) Report - Collaboratively conducted by the World Bank and IMF. This pair is correctly matched. The FSA Report is indeed a joint assessment by the International Monetary Fund (IMF) and the World Bank under the Financial Sector Assessment Program (FSAP).

2. UPI (Unified Payments Interface) - Framework for digital financial inclusion in India. This pair is correctly matched. UPI is a significant initiative in India aimed at enhancing digital financial inclusion by allowing interoperable real-time transactions.

3. Reserve Bank of India - Extends authority over cooperative banks. This pair is correctly matched. The Reserve Bank of India (RBI) has been given extended regulatory authority over cooperative banks, a measure recognized as part of the financial reforms to improve regulatory oversight.

4. Global Economic Prospects Report - Issued by the Asian Development Bank. This pair is incorrectly matched. The Global Economic Prospects Report is issued by the World Bank, not the Asian Development Bank.

Thus, three pairs are correctly matched.

1. Women's Reservation Act, 2023 - Provides 33% reservation for women in the Lok Sabha and State Assemblies.

This pair is correctly matched. The Women's Reservation Act, 2023, indeed provides for a 33% reservation for women in the Lok Sabha and State Assemblies, contingent upon the completion of the next Census and delimitation process.

2. Political Representation - Women occupy 13.6% of seats in the 18th Lok Sabha.

This pair is correctly matched. In the 18th Lok Sabha (2024), women hold 13.6% of the seats, highlighting the gap in political representation compared to their population percentage.

3. Census 2011 - Women make up 50% of India's population.

This pair is incorrectly matched. According to Census 2011, women constituted 48.4% of India's population, not 50%.

4. Judiciary's Observation - The Supreme Court emphasized the need for political equality as guaranteed by the Constitution.

This pair is correctly matched. The Supreme Court has indeed emphasized the need for political equality, highlighting the constitutional principles of equality and justice in the context of women's representation.

Thus, only pairs 1, 2, and 4 are correctly matched, making the correct option "Option B: Only two pairs."

The Integrity Matters Checklist, developed by the Global Reporting Initiative (GRI) and the United Nations, primarily aims to assist companies and investors in aligning their climate disclosures with the UN's net-zero integrity standards. This tool focuses on ensuring that climate commitments are science-based, transparent, and verifiable, thereby enhancing corporate accountability in relation to climate targets, transition plans, and greenhouse gas reduction pathways.

1. Visible Emission Line Coronagraph (VELC): This is incorrectly matched. The VELC is not designed to study lunar phenomena. It is part of the Aditya-L1 mission, which is India's first solar mission to study solar activities such as coronal mass ejections and solar wind dynamics.

2. Integrity Matters Checklist: This pair is correctly matched. It is indeed developed by the Global Reporting Initiative in partnership with the United Nations to help align corporate climate disclosures with UN's net-zero integrity standards.

3. Tropical Forest Forever Facility (TFFF): This pair is correctly matched. The TFFF is an initiative introduced by Brazil to financially reward countries that are preserving tropical forests, aiming to raise $125 billion.

4. Global Reporting Initiative (GRI): This is incorrectly matched. The GRI is not responsible for the Visible Emission Line Coronagraph. Instead, the GRI focuses on sustainability reporting standards and not on solar observatory missions.

Thus, pairs 2 and 3 are correctly matched, making the correct answer Option B: Only two pairs.

The Women's Reservation Act, 2023 aims to provide a 33% reservation for women in the Lok Sabha and State Assemblies, addressing the underrepresentation of women in legislative bodies. This legislation is crucial for enhancing women's political participation and ensuring gender equality in decision-making processes.

1. Statement 1 is Correct: The Women's Reservation Act, 2023, is indeed enacted as the Constitution (106th Amendment) Act. This act aims to provide a constitutional basis for the reservation of seats for women in the legislative bodies.

2. Statement 2 is Correct: The implementation of the Women's Reservation Act is indeed contingent upon the completion of the next Census and delimitation process. This means that the actual enforcement of the reservation cannot occur until these conditions are fulfilled.

3. Statement 3 is Incorrect: The Women's Reservation Act, 2023, does not mandate a 50% reservation for women. Instead, it calls for a 33% reservation for women in the Lok Sabha and State Assemblies. This correction is essential to understand the specific provisions of the Act accurately.

Therefore, the correct statements are 1 and 2, making Option B the correct answer.

Statement-I is correct as per the provided information from the passage regarding the India AI Governance Guidelines 2025 aiming to utilize AI for inclusive growth and global competitiveness. Statement-II is also correct, referring to the FSA Report by the World Bank emphasizing the need for India to enhance financial reforms and attract private capital to realize its $30 trillion economy target by 2047. However, Statement-II does not directly explain Statement-I but addresses a separate aspect related to financial reforms and economic goals.

Altermagnets possess the distinctive property of ultrafast response, enabling them to operate at terahertz frequencies, which makes them around 1000 times faster than standard magnetic devices. This property opens up avenues for the development of high-speed electronics and advanced applications in various technological domains.

The Financial Sector Assessment (FSA) Report primarily focuses on determining the resilience and stability of the financial system. This assessment evaluates how effectively the financial system supports sustainable and equitable growth by analyzing various sectors such as banks, Non-Banking Financial Companies (NBFCs), insurance, capital markets, and payment systems. The collaborative evaluation by the World Bank and IMF aims to ensure that the financial system is robust, inclusive, and able to withstand potential risks and challenges.

Statement 1 is correct. Altermagnetism was indeed first identified in 2019 and its existence was experimentally confirmed in 2024. This aligns with the timeline provided in the key takeaways and additional details about the discovery and validation of altermagnetism.

Statement 2 is incorrect. While altermagnetism does integrate characteristics of both ferromagnetism and antiferromagnetism, it does not lead to the generation of an external magnetic field. Instead, altermagnets are characterized by internal spin asymmetry without creating an external magnetic field. This distinct feature differentiates altermagnetism from traditional ferromagnetism and antiferromagnetism.

Statement 3 is correct. Altermagnets are noted for maintaining their magnetic order even when environmental conditions vary, which makes them highly stable and suitable for high-speed electronic applications, such as those operating at terahertz frequencies. This stability is a significant advantage for their use in next-generation electronic devices.

Thus, the correct answer is Option C: 1 and 3 Only.