DAILY CURRENT AFFAIRS QUIZ – 3 April 2025

Answer: (d) All three

Explanation:

• Statement 1 is correct. The WGC aims to maximize the gold industry’s growth through various means including marketing and research.
• Statement 2 is correct. The WGC engages in lobbying to promote fairness and sustainability.
• Statement 3 is correct. The WGC was indeed the creator of the first gold ETF.

Answer: (b) A medication that inhibits serotonin uptake and is used to treat various mood disorders

Explanation:

• Option (b) is correct. Fluoxetine is an antidepressant that inhibits serotonin uptake, used to treat mood disorders such as depression, anxiety, and OCD.

Answer: (b) Only two

Explanation:

• Statement 1 is correct. MOFs are indeed uniform porous materials suitable for solid-phase extraction.
• Statement 2 is correct. 2D materials are characterized by being one- or two-atom thick.
• Statement 3 is incorrect. MOFs and 2D materials are known for their large surface area and multiple synthesis methods.

Answer: (a) 1 only

Explanation:

• Statement 1 is correct. The scheme is indeed established under Section 245MA of the Income-tax Act, 1961.
• Statement 2 is incorrect. The eligibility criteria state that the disputed amount should not exceed Rs. 10 lakh and the taxpayer’s income should be below Rs. 50 lakh.
• Statement 3 is incorrect. The DRCs are required to decide within six months, not three months.

Answer: (a) 1 and 2 only

Explanation:

• Statement 1 is correct. Guru Padmasambhava, also known as Guru Rinpoche, lived in the eighth century in ancient India.
• Statement 2 is correct. He is indeed considered one of the founding fathers of Tibetan Buddhism and appeared in Tibet in 749 A.D.
• Statement 3 is incorrect. Guru Padmasambhava was associated with Tantric and Yogācāra practices, not Mahayana. He also taught in Tibet, not primarily at Nalanda.