DAILY CURRENT AFFAIRS QUIZ – 11 February 2025

1. Answer: B) To assist MSMEs in onboarding the Open Network Digital Commerce (ONDC) platform
   • Explanation: The MSME-TEAM Initiative focuses on helping MSMEs, particularly women-owned and SC/ST-owned businesses, to onboard the ONDC platform, providing them with awareness workshops, financial assistance, and support for digital commerce.

Answer: B) To put a fair price on the carbon emitted during the production of goods entering the EU and to encourage cleaner industrial production in non-EU countries

• Explanation: The CBAM aims to level the playing field for EU producers by ensuring that imported goods reflect the cost of carbon emissions, promoting cleaner production methods globally.

Answer: D) Regulate global insurance policies

• Explanation: IOSCO focuses on securities markets regulation. Regulating global insurance policies falls outside of its objectives, which include protecting investors, ensuring fair and efficient markets, and reducing systemic risk to promote financial stability.

Origin and Mythology:

1. • Kalaripayattu is a traditional martial art form that originated in Kerala, India. It is believed to have been promulgated by the warrior sage Parasurama, who is considered an avatar of Lord Vishnu. This mythological origin gives Kalaripayattu a significant cultural and historical context within Kerala and Indian heritage.