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1. What are the names of the two new fund offerings (NFOs) launched by Union Mutual Fund?

(A) Union Gold Fund and Union Silver Fund (B) Union Gold ETF and Union Gold ETF Fund of Fund (C) Union Gold Savings Fund and Union Gold Investment Fund (D) Union Gold Nifty Fund and Union Gold Sensex Fund

2. What is the investment strategy of the Union Gold ETF Fund of Fund?

(A) It invests directly in physical gold. (B) It invests in a diversified portfolio of gold mining stocks. (C) It invests in units of Union Gold ETF, offering indirect exposure to gold. (D) It invests in government bonds backed by gold reserves.

3. What was the recent cut in the repo rate by the Reserve Bank of India (RBI)?

(A) 50 basis points (B) 10 basis points (C) 25 basis points (D) 75 basis points

4. What is the main purpose of the new Income Tax Bill?

(A) To simplify tax laws and eliminate confusion (B) To increase the complexity of tax laws (C) To increase the length of the Income Tax Act (D) To raise the tax burden for taxpayers

5. According to recent announcements by the Central Board of Indirect Taxes and Customs (CBIC), are gift vouchers and cards generally subject to Goods and Services Tax (GST)?

(A) Yes, GST is always applicable on gift vouchers and cards. (B) No, gift vouchers and cards are generally not subject to GST (C) GST is only applicable if the gift voucher is purchased online. (D) GST is only applicable if the gift voucher is used to purchase luxury items.

6. What policy is used to allow investors to select oil and gas blocks of their choice?

(A) Open Exploration Initiative (OEI) (B) National Oil and Gas Program (NOGP) (C) Open Acreage Licensing Program (OALP) (D) Strategic Petroleum Reserve (SPR)

7. What percentage tariff has President Trump imposed on all steel and aluminum imports?

(A) 10% (B) 15% (C) 20% (D) 25%

8. What is India in talks with the US to buy, according to recent reports?

(A) Nuclear submarines (B) Combat vehicles and seal a fighter jet engine deal (C) Advanced missile systems (D) Military drones

9. What action is the Hong Kong Special Administrative Region Government (HKSARG) taking in response to the US imposing a 10% tariff on Hong Kong products?

(A) Ignoring the tariffs (B) Imposing retaliatory tariffs on US goods (C) Negotiating directly with the US government (D) Filing a complaint with the World Trade Organization (WTO)

10. What is the purpose of the IPO lock-in period?

(A) To allow early investors to make quick profits. (B) To avoid a sudden drop in stock prices due to an oversupply of shares in the market (C) To encourage more companies to launch IPOs. (D) To increase the volatility of stock prices.

11. What strategic shift has Honda recently made to stay competitive?

(A) Reducing investment in hybrid technology (B) Boosting hybrid gas-electric vehicles while investing in all-electric production (C) Abandoning electric vehicle production (D) Focusing solely on internal combustion engines

12. What is the name of the sports drink recently launched by Reliance Consumer Products Limited (RCPL)?

(A) Gatorade (B) Powerade (C) Spinner (D) Aptonia

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