DAILY CURRENT AFFAIRS QUIZ – 5 August 2025

With reference to the concept of Market Coupling in the power sector, consider the following statements:

1. Market coupling ensures a uniform market clearing price (MCP) for electricity across all power exchanges.

2. Currently, all power exchanges in India already follow market coupling and have a uniform MCP.

3. Market coupling can help in reducing energy loss and increasing market liquidity.

Which of the statements given above is/are correct?

A. 1 and 3 only
B. 2 and 3 only
C. 1 only
D. 1, 2 and 3

Consider the following statements regarding the Schengen Visa:

1. It allows a stay of up to 90 continuous days in any Schengen country with no limit on the number of entries.

2. It permits travel across internal borders of the Schengen Area without routine checks.

3. Schengen Visa holders are allowed to work in any of the Schengen countries during their stay.

Which of the statements given above is/are correct?
A. 2 only
B. 1 and 3 only
C. 1 and 2 only
D. 2 and 3 only

Consider the following statements regarding International Tiger Day:

1. It was established during the Saint Petersburg Tiger Summit in 2010.

2. The day is observed every year on July 29.

3. The “Tx2” goal adopted during the summit aimed to triple the tiger population by 2022.

4. The summit was attended only by the South Asian tiger-range countries.

Which of the statements given above are correct?
A. 1 and 2 only
B. 1, 2 and 3 only
C. 1 and 4 only
D. 2, 3 and 4 only

With reference to the Baitarani River, consider the following statements:

1. It originates in the Gonasika Hills of Jharkhand.

2. The river initially flows underground at its source.

3. It finally drains into the Arabian Sea.

Which of the statements given above is/are correct?

A. 1 and 2 only
B. 2 only
C. 2 and 3 only
D. 1 and 3 only

Consider the following statements regarding SPARSH (System for Pension Administration (RAKSHA)):
It is a web-based pension management system launched by the Ministry of Finance.

It facilitates digital initiation, sanction, and disbursement of pensions to armed forces and defence civilian pensioners.

The system eliminates the need for third-party intermediaries in pension disbursement.

Pensioners are required to visit pension offices annually for physical verification.

Which of the statements given above is/are correct?
(a) 2 and 3 only
(b) 1 and 4 only
(c) 1, 2 and 4 only
(d) 2, 3 and 4 only