Daily Current Affairs UPSC: News Based MCQs Quiz | 18th October 2025

Answer: (B) 2 only

Detailed Explanation

• Basel III was introduced in December 2010 by the Basel Committee on Banking Supervision (BCBS) in response to the 2007-09 financial crisis. Its implementation was a phased process, with some deadlines for finalization extending to 2023 and beyond.
• Under Basel III, Tier 1 capital is a bank’s core capital, including shareholder equity and retained earnings, which provides the highest loss-absorbing capacity. Tier 2 capital is supplementary capital, such as subordinated debt and revaluation reserves, which is less secure and less liquid than Tier 1. Together, these two tiers form a bank’s total capital and are used to calculate the Capital Adequacy Ratio (CAR).

Answer: (A) 1 only

Detailed Explanation

Answer: (C) 4 only

Detailed Explanation

• The Hindustan Turbo Trainer-40 (HTT-40) is a basic trainer aircraft (BTA).
• Manufactured by Hindustan Aeronautics Limited (HAL), the aircraft has been indigenously designed and developed by the Aircraft Research & Design Centre of HAL, and is based on the training requirements of the Indian Armed Force (IAF).
• The aircraft will meet the shortage of BTAs for the training of newly inducted pilots of the Indian Air Force (IAF).
• It will be used for basic flight training, aerobatics, instrument flying, and close formation flights, in addition to undertaking secondary missions such as navigation and night flying flights.
• Features:
• It is a turboprop aircraft designed to have good low-speed handling for better training effectiveness.
• It is a fixed-wing aircraft incorporating an all-metal airframe design.
• It has a maximum take-off weight of 2. 8 tonnes.
• It can achieve a top speed of 450 Km/hr and a maximum range of 1,000km.
• The fully aerobatic tandem seat HTT-40 has an air-conditioned cockpit, modern avionics with multifunction displays, hot refueling, and zero-zero (zero speed and zero altitude) ejection seats
• A turboprop aircraft uses a turbo-prop engine rather than a piston-powered engine or a jet engine.
• They have one or more gas-turbine engines connected to a gearbox that turns the propeller(s) to move the aircraft on the ground and through the air.
• They have lower operating costs than jets because they burn less fuel, but they are also slower than jets.

Answer: (C) Both 1 and 2

Detailed Explanation

• The 455km zone is governed by the General Authority for the Suez Canal Economic Zone: an autonomous body with executive/regulative powers. The authority is entitled to approve decrees, propose additional incentives, as well as the full authority to oversee all areas of operation, staffing, control over budget, funding, developing partnerships and providing business facilitation services.
• The Suez Canal Economic Zone is a special economic zone located in Egypt, established in 2015 with the aim of promoting economic growth and attracting foreign investment to the country.

Answer: (D) None of the above

Detailed Explanation

• A First Information Report (FIR) cannot be registered for a non-cognizable offence under the CrPC because a police officer cannot investigate it without a magistrate’s order. Instead of an FIR, a person must present the information to the police, who will then refer the informant to the magistrate to obtain permission to investigate, as per Section 155 of the CrPC.
• There are three important elements of an FIR:
• The information must relate to the commission of a cognizable offence,
• It should be given in writing or orally to the head of the police station,
• It must be written down and signed by the informant, and its key points should be recorded in a daily diary.