Daily Current Affairs Quiz for UPSC : 9 Oct , 2025

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Daily Current Affairs Quiz for UPSC : 9 Oct , 2025

Consider the following statements regarding Stablecoins:

  1. Stablecoins are always backed by fiat currencies held in a 1:1 reserve ratio.

  2. Algorithmic stablecoins maintain price stability without holding any reserve assets.

  3. The Financial Stability Board (FSB) has recommended global regulation of stablecoins due to systemic risk concerns.

Which of the above statements is/are correct?

Consider the following statements regarding the Financial Stability Board (FSB):

  1. The Financial Stability Board was established by the G20 in response to the 2008 global financial crisis.

  2. It has legally binding authority to enforce financial regulations on member countries.

  3. India is a member of the Financial Stability Board.

Which of the above statements is/are correct?

Consider the following statements regarding the Plutonium Management and Disposition Agreement (PMDA):

  1. The PMDA was signed between the United States and Russia to dispose of excess weapons-grade plutonium.

  2. Under the agreement, both countries agreed to convert plutonium into mixed oxide (MOX) fuel for use in civilian nuclear reactors.

  3. The agreement remains fully operational and both parties continue to implement it as originally agreed.

Which of the above statements is/are correct?

Consider the following statements regarding Metal-Organic Frameworks (MOFs):

  1. MOFs are crystalline materials composed of metal ions coordinated to organic ligands to form porous structures.

  2. They have potential applications in hydrogen storage, carbon capture, and drug delivery.

  3. MOFs are structurally unstable under ambient conditions, which limits their industrial applications.

Which of the above statements is/are correct?

The term “Seneca Drums” is most appropriately related to which of the following?

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