CUET Current Affairs: 3 May 2025

IMEC

News – IMEC will work if India, Europe keep agriculture sector out’

  • IMEC – “India-Middle East-Europe Economic Corridor”
  • Announced at – G20 Summit, New Delhi
  • Participating Countries: India, UAE, Saudi Arabia, Jordan, Israel, (France, Germany, Italy), and the US
  • Structure –
    • Eastern Corridor: Connects India to the Arabian Gulf
    • Northern Corridor: Links the Gulf to Europe
  • Components:
    • Rail networks
    • Shipping routes
    • High-speed data cables
    • Energy pipelines
  • Significance –
    • Enhances connectivity between Asia, and Europe
    • counter to China’s Belt and Road Initiative

VENEZUELA

News – Trump cannot use Alien Enemies Act to deport Venezuelans: judge

  • Venezuela – is a country in South America
  • Known for its – rich oil reserves
  • Capital: Caracas
  • Government: Presidential Republic
  • Official Language: Spanish
  • Currency: Venezuelan Bolívar
  • Features – Amazon rainforests, Andes mountains, Caribbean coastline
  • Home to – Angel Falls, the world’s tallest waterfall
  • Largest Lake: Lake Maracaibo
  • Major Rivers: Orinoco River

Vice-President of USA vs INDIA

News – In close contact with India, Pakistan: Vance

SEBI

News – SEBI accuses Adani kin of insider trading, he seeks to settle

  • SEBI – Securities and Exchange Board of India
  • It is the principal regulatory authority for the securities market in India.
  • Estb under – the SEBI Act, 1992.
  • Nature – Statutory Body
  • Objective: To protect the interests of investors, promote the development of the securities market
  • Structure-
    • 1 Chairman +2 members Min of Finance + 1 RBI + 5 members from Government of India.
  • Hq – Mumbai
  • Powers of SEBI-
    • SEBI can draft regulations and guidelines.
    • SEBI can conduct inquiries, pass rulings

MAJOR PORTS

News – Port economy will drive India’s growth, says PM

MCQs

1. The idea of IMEC was announced at?

A. G-7 summit

B. BRICS Summit

C. G-20 Summit

D. QUAD Summit

2. Capital of Venezuela is?

A. Vancouver

B. Hanoi

C. Damascus

D. Caracas

3. What is the Term of Vice-President of India?

A. 4 yrs

B. 5 yrs

C. 6 yrs

D. 3 yrs

4. “Jawaharlal Nehru Port Trust” is located at?

A. Goa

B. Telangana

C. Maharashtra

D. Uttar Pradesh

5. Headquarter of SEBI is located at?

A. New Delhi

B. Mumbai

C. Chandigarh

D. Dubai