#761

Who serves as the President of the European Commission, driving the 'de-risking' strategy towards China in 2024-2025?

(a) Charles Michel

(b) Ursula von der Leyen

(c) Roberta Metsola

(d) Olaf Scholz

Explanation: Ursula von der Leyen was re-elected for a second term in 2024 and has been a key proponent of 'de-risking' (reducing economic dependency) rather than 'de-coupling' from China.

#762

Which country is the host of the APEC Summit in 2025?

(a) United States

(b) Peru

(c) South Korea

(d) Vietnam

Explanation: South Korea is scheduled to host the Asia-Pacific Economic Cooperation (APEC) summit in 2025.

#763

Who became the youngest-ever Prime Minister of Ireland in April 2024?

(a) Leo Varadkar

(b) Micheál Martin

(c) Simon Harris

(d) Mary Lou McDonald

Explanation: Simon Harris became Ireland's Prime Minister (Taoiseach) in April 2024 at the age of 37, following the resignation of Leo Varadkar.

#764

Luis Montenegro became the Prime Minister of which country in April 2024?

(a) Spain

(b) Portugal

(c) Italy

(d) Greece

Explanation: Luis Montenegro, leader of the Democratic Alliance, became the Prime Minister of Portugal following the 2024 parliamentary election.

#765

According to the IMF's late 2024/2025 projections, global GDP growth for 2025 is forecast to be approximately:

(a) 2.1%

(b) 3.2%

(c) 4.5%

(d) 1.5%

Explanation: The IMF projected global growth to stabilize at around 3.2% in 2025, maintaining a steady but slow pace similar to 2024.

#766

Which major US-Africa trade legislation expired on September 30, 2025, raising questions about future trade relations?

(a) The Prosper Africa Act

(b) The African Growth and Opportunity Act (AGOA)

(c) The US-Africa Free Trade Agreement

(d) The Power Africa Initiative

Explanation: The African Growth and Opportunity Act (AGOA), a cornerstone of US economic policy in Africa offering duty-free access, officially expired in September 2025.

#767

Which central bank moved more aggressively to cut interest rates in 2025 compared to the US Federal Reserve?

(a) Bank of Japan

(b) European Central Bank (ECB)

(c) Reserve Bank of Australia

(d) Central Bank of Brazil

Explanation: The ECB cut rates more aggressively in 2025 (reaching around 2.75%) due to weaker growth in the Eurozone, while the Fed moved slower due to sticky US inflation.

#768

In 2025, global public debt was estimated to have exceeded which symbolic threshold?

(a) $50 trillion

(b) $80 trillion

(c) $100 trillion

(d) $150 trillion

Explanation: Global public debt reached a record high of over $100 trillion ($102 trillion) by 2024/2025, driven by borrowing in both developed and developing markets.

#769

The 'Digital Euro' project concluded its preparation phase in October 2025 and moved to which next stage?

(a) Immediate public launch

(b) Cancellation

(c) Building technical capacity and infrastructure

(d) Replacing physical cash entirely

Explanation: The ECB decided in late 2025 to move the digital euro to the next phase, focusing on building technical capacity and infrastructure ahead of a potential future issuance.

#770

Which major economy was projected to have the highest GDP growth rate among large economies in 2025, at over 6%?

(a) China

(b) United States

(c) India

(d) Germany

Explanation: India remained the fastest-growing major economy, with growth projections remaining above 6% (approx. 6.5%) for 2025.

#771

The expiry of the 'Black Sea Grain Initiative' led to increased volatility in which global commodity market in 2024-2025?

(a) Crude Oil

(b) Wheat and Food Grains

(c) Semiconductors

(d) Rare Earth Metals

Explanation: The collapse of the grain deal affected global food security and prices, particularly for wheat and corn exports from Ukraine.

#772

Which Asian nation enacted a Free Trade Agreement with the Maldives that entered into force on January 1, 2025?

(a) India

(b) China

(c) Japan

(d) South Korea

Explanation: The China-Maldives Free Trade Agreement officially entered into force on January 1, 2025, boosting Chinese exports to the island nation.

#773

What was the primary driver of the 'sticky' inflation observed in the United States throughout 2025?

(a) Plummeting oil prices

(b) New tariffs and trade protectionism

(c) Collapse in consumer demand

(d) Rapid adoption of AI

Explanation: Economists attributed the persistent 'sticky' inflation in the US partly to new tariffs and trade fragmentation, which kept import prices elevated.

#774

Which organization hosted its first-ever summit on the African continent in November 2025?

(a) G7

(b) G20

(c) NATO

(d) APEC

Explanation: The G20 Leaders' Summit was held in South Africa in November 2025, the first time the group has met on African soil.

#775

In 2024-2025, the 'Magnificent Seven' stocks continued to drive market performance, primarily fueled by hype in:

(a) Green Hydrogen

(b) Artificial Intelligence (AI)

(c) Blockchain

(d) Virtual Reality

Explanation: The massive valuation growth of US tech giants (Magnificent Seven) was largely driven by the boom in Generative AI technologies and infrastructure.

#776

Global trade in 2025 was characterized by a trend known as 'geo-economic fragmentation', which refers to:

(a) The seamless integration of all global markets

(b) The splitting of trade and investment flows along geopolitical lines

(c) The global adoption of a single currency

(d) The elimination of all tariffs

Explanation: Fragmentation refers to countries trading more with geopolitical allies ('friend-shoring') and less with rivals, reducing global efficiency.

#777

The OECD's 2025 Global Debt Report highlighted that developing countries are spending more on what than on health or education?

(a) Infrastructure

(b) Debt Interest Payments

(c) Military

(d) Foreign Aid

Explanation: A record number of developing countries now spend more on servicing their debt interest than they do on vital social services like health or education.

#778

Which European economy was forecast to have the slowest growth among major Eurozone nations in 2025, struggling with industrial stagnation?

(a) Spain

(b) Germany

(c) Greece

(d) Ireland

Explanation: Germany was projected to have very weak growth (around 0.2% to 0.8%), often labeled the 'sick man of Europe' due to high energy costs and weak industrial output.

#779

In 2025, which asset class saw increased institutional adoption due to the approval of Spot ETFs in the US?

(a) Carbon Credits

(b) Bitcoin / Cryptocurrency

(c) Rare Earth Metals

(d) Water Rights

Explanation: The approval of Bitcoin Spot ETFs in the US (early 2024) paved the way for significant institutional capital to enter the crypto market throughout 2024 and 2025.

#780

What is 'Friend-shoring', a trend that gained momentum in 2025?

(a) Moving manufacturing to the cheapest possible country

(b) Relocating supply chains to politically allied countries

(c) Outsourcing customer service to AI bots

(d) Sharing technology with competitor nations

Explanation: Friend-shoring is the practice of moving supply chains to countries that are geopolitical allies to reduce the risk of disruption from conflict or sanctions.

April 2025 Current Affairs MCQs & Solutions