Daily Current Affairs MCQs: 28th September 2025 - Karnataka (KSP) Police Constable MCQ

The Insolvency and Bankruptcy Code (IBC) primarily focuses on facilitating the revival of distressed firms rather than opting for liquidation. This approach is intended to protect the interests of creditors and maximize the value of the firm, thereby promoting economic stability. A significant ruling from the Supreme Court reinforced this focus, showcasing the IBC's role in prioritizing corporate rehabilitation over liquidation.

The Cold Desert Biosphere Reserve was recently designated as part of UNESCO's World Network of Biosphere Reserves. This recognition highlights its ecological and cultural significance, aiming to promote biodiversity conservation and sustainable development in the fragile Trans-Himalayan ecosystem. Such designations often help in enhancing conservation efforts and attracting global awareness.

The primary obstacle to expanding nuclear cooperation between India and the United States is related to unresolved legal issues concerning India’s nuclear liability framework. This framework has historically deterred US companies from entering the Indian nuclear market due to concerns over potential liabilities in the event of an accident. Addressing these legal concerns is crucial to fostering deeper collaboration in nuclear energy technology.

One of India’s significant achievements in its vaccination drive under the Universal Immunization Programme (UIP) is being declared polio-free in 2014. This milestone is considered one of the most significant successes in global public health, demonstrating the effectiveness of sustained vaccination efforts and public health initiatives.

The main goal of the WTO Agreement on Fisheries Subsidies is to ensure sustainable fishing practices by prohibiting harmful subsidies that lead to overfishing and depletion of fish stocks. This agreement aims to protect marine biodiversity and ensure fair competition among fishing nations, which is vital for the long-term health of global fisheries.

The National Initiative on Water Security aims to utilize MGNREGA funds by making water conservation works mandatory. This initiative directs a significant percentage of MGNREGA funds toward water-related works, particularly in over-exploited and semi-critical blocks, thereby promoting systematic planning for water security.

The U-WIN Digital Platform plays a significant role in tracking vaccinations for pregnant women and children in India. It provides end-to-end vaccination tracking, enabling anytime-anywhere access to vaccination records. This is particularly beneficial for migratory populations and enhances the overall efficiency of public health initiatives.

Vaccine hesitancy presents a significant challenge to India's Universal Immunization Programme, primarily caused by misinformation, cultural beliefs, and anti-vaccine narratives. This hesitancy hinders widespread acceptance and uptake of vaccinations, which is critical for achieving public health goals.

The SVAMITVA scheme aims to provide legal ownership papers to rural households, which is crucial for facilitating bank loans and asset utilization. This initiative enhances property rights and contributes to the financial empowerment of rural communities, thus supporting the broader goals of digital governance.

In corporate finance, "insolvency" refers to the inability to pay debts due to insufficient assets. This condition can lead to bankruptcy if not addressed, and it highlights the critical need for effective financial management and timely intervention to revive distressed firms, as emphasized by frameworks like the Insolvency and Bankruptcy Code.