In essence, what does ‘Due Process of Law’ mean? ...Read more
In essence, what does ‘Due Process of Law’ mean? [2023]
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With reference to India’s projects on connectivity, consider the following statements: [2023] 1. East-West Corridor under Golden Quadrilateral Project connects Dibrugarh and Surat. 2. Trilateral Highway connects Moreh in Manipur and Chiang Mai in Thailand ...Read more
With reference to India’s projects on connectivity, consider the following statements: [2023]
1. East-West Corridor under Golden Quadrilateral Project connects Dibrugarh and Surat.
2. Trilateral Highway connects Moreh in Manipur and Chiang Mai in Thailand via Myanmar.
3. Bangladesh-China-India-Myanmar Economic Corridor connects Varanasi in Uttar Pradesh with Kunming in China.
How many of the above statements are correct?
Read lessLet's analyze each statement one by one: East-West Corridor under Golden Quadrilateral Project connects Dibrugarh and Surat: The East-West Corridor under the Golden Quadrilateral project connects Silchar in Assam to Porbandar in Gujarat, not Dibrugarh to Surat. So, this statement is incorrect. TrilaRead more
None of the statements is completely correct. Thus, the correct answer is: None
Consider the following statements: ...Read more
Consider the following statements: [2023]
Statement-I: Interest income from the deposits in Infrastructure Investment Trusts (InvITs) distributed to their investors is exempted from tax, but the dividend is taxable.
Statement-II: InvITs are recognized as borrowers under the ‘Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002‘.
Read lessInfrastructure Investment Trusts (InVITs) gather funds from investors, which are subsequently directed into infrastructure projects. As pooled investment vehicles, they function similarly to mutual funds. However, while mutual funds predominantly invest in stocks and bonds, InVITs focus on infrastruRead more
Infrastructure Investment Trusts (InVITs) gather funds from investors, which are subsequently directed into infrastructure projects. As pooled investment vehicles, they function similarly to mutual funds. However, while mutual funds predominantly invest in stocks and bonds, InVITs focus on infrastructure-related ventures. The returns generated by InVITs are distributed to investors through four primary methods: interest on capital, dividends, rental income, and repayment of capital. Previously, interest, dividends, and rental income earned by unit holders were taxable, but repayment of capital was exempt from tax. However, the Finance Act of 2023 introduced a provision to tax certain portions of capital repayment in specific cases, making Statement 1 incorrect. Additionally, the Finance Act of 2021 amended the SARFAESI Act of 2002 to recognize pooled investment vehicles, including REITs and InVITs, as borrowers under the Act, making Statement 2 correct.
Therefore, the correct answer is Statement-I is incorrect but Statement-II is correct.
See lessConsider the following statements: ...Read more
Consider the following statements: [2023]
Statement-I: In India, prisons are managed by State Governments with their own rules and regulations for the day-to-day administration of prisons.
Statement-II: In India, prisons are governed by the Prisons Act, 1894 which expressly kept the subject of prisons in the control of Provincial Governments.
The correct answer is Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I. Explanation: Statement-I is correct because prisons in India are managed by State Governments, and each state has its own rules and regulations for the administration of pRead more
The correct answer is Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I.
Explanation:
Consider the following statements: Statement-I: India, despite having uranium deposits, depends on coal for most of its electricity production. Statement-II: Uranium, enriched to the extent of at least 60%, is required for the production of electricity. Which one of the following ...Read more
Consider the following statements:
Statement-I: India, despite having uranium deposits, depends on coal for most of its electricity production.
Statement-II: Uranium, enriched to the extent of at least 60%, is required for the production of electricity.
Which one of the following is correct in respect of the above statements?
Read lessLet's analyze each statement: Statement-I: India, despite having uranium deposits, depends on coal for most of its electricity production. This statement is correct. Although India has some uranium deposits, they are not sufficient to meet the country’s nuclear energy needs. As a result, India imporRead more
Let’s analyze each statement:
Statement-I: India, despite having uranium deposits, depends on coal for most of its electricity production. This statement is correct. Although India has some uranium deposits, they are not sufficient to meet the country’s nuclear energy needs. As a result, India imports uranium and heavily relies on coal, which is abundant and cheaper, for most of its electricity production.
Statement-II: Uranium, enriched to the extent of at least 60%, is required for the production of electricity. This statement is incorrect. For nuclear reactors used in electricity production, uranium is typically enriched to about 3-5% U-235. Enrichment levels of 60% and above are considered high and are used for research reactors or weapons-grade material, not for commercial electricity generation.
Therefore, the correct answer is: Statement-I is correct but Statement-II is incorrect.
See lessWith reference to ancient India, consider the following statements: [2023] 1. The concept of Stupa is Buddhist ...Read more
With reference to ancient India, consider the following statements: [2023]
1. The concept of Stupa is Buddhist in origin.
2. Stupa was, generally, a repository of relics.
3. Stupa was a votive and commemorative structure in Buddhist tradition.
Let's review the statements: The concept of Stupa is Buddhist in origin – This statement is incorrect. The tradition of building funerary mounds existed before Buddhism, though stupas became closely associated with Buddhist architecture and practices. Stupa was, generally, a repository of relics – TRead more
Let’s review the statements:
Corrected Answer:
Only two statements are correct.
See lessConsider the following statements: ...Read more
Consider the following statements: [2023]
Statement-I: In the post-pandemic recent past, many Central Banks worldwide, had carried out interest rate hikes.
Statement-II: Central Banks generally assume that they have the ability to counteract the rising consumer prices via monetary policy means.
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In the recent post-pandemic period, central banks worldwide have raised interest rates to combat inflation, which surged due to heightened fiscal spending during COVID-19 and supply chain issues stemming from the Russia-Ukraine conflict. Therefore, Statement 1 is accurate. The central banks' decisioRead more
In the recent post-pandemic period, central banks worldwide have raised interest rates to combat inflation, which surged due to heightened fiscal spending during COVID-19 and supply chain issues stemming from the Russia-Ukraine conflict. Therefore, Statement 1 is accurate.
The central banks’ decision to increase interest rates aims to raise borrowing costs, leading to a reduction in money supply and, consequently, a decrease in inflation rates. Thus, Statement 2 is also valid.
The rise in interest rates in advanced economies, particularly in the U.S., has negatively impacted the Indian economy, resulting in increased net Foreign Portfolio Investment (FPI) outflows, significant depreciation of the Rupee, declines in foreign exchange reserves, and rising yield rates. This negative impact on the Indian economy is commonly referred to as “Taper Tantrums.” Consequently, this question was posed within this context.
Therefore, the correct answer is Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I.
See lessOn evaluating each statement one by one: Jhelum River passes through Wular Lake: This is correct. The Jhelum River flows into the Wular Lake, which is one of the largest freshwater lakes in India, located in Jammu and Kashmir. Krishna River directly feeds Kolleru Lake: This is incorrect. Kolleru LakRead more
On evaluating each statement one by one:
Based on the evaluation, two of the statements are correct. The correct answer is: Only two
See lessThe correct answer is It defines and limits the powers of government. Explanation: The primary purpose of a constitution is to establish the fundamental framework for governance in a country. It defines the structure of the government, delineates the powers and functions of different institutions, aRead more
The correct answer is It defines and limits the powers of government.
Explanation: The primary purpose of a constitution is to establish the fundamental framework for governance in a country. It defines the structure of the government, delineates the powers and functions of different institutions, and places limits on governmental power to protect individual rights and maintain the rule of law. While it may also outline the objectives for making laws, create political offices, and aim to secure social justice, its chief purpose is to define and limit the powers of government to prevent abuse and ensure the protection of citizens’ rights.
See lessConsider the following statements: ...Read more
Consider the following statements: [2023]
Statement-I: Marsupials are not naturally found in India.
Statement-II: Marsupials can thrive only in montane grasslands with no predators.
Which one of the following is correct in respect of the above statements?
Read lessLet's analyze the statements: Statement-I: Marsupials are not naturally found in India. This statement is correct. Marsupials, such as kangaroos and koalas, are primarily found in Australia and nearby islands. They are not native to India. Statement-II: Marsupials can thrive only in montane grasslanRead more
Let’s analyze the statements:
Statement-I: Marsupials are not naturally found in India. This statement is correct. Marsupials, such as kangaroos and koalas, are primarily found in Australia and nearby islands. They are not native to India.
Statement-II: Marsupials can thrive only in montane grasslands with no predators. This statement is incorrect. Marsupials inhabit a wide variety of environments, including forests, grasslands, and deserts. They are not limited to montane grasslands and can coexist with predators, as evidenced by their presence in diverse habitats in Australia, where they have adapted to various ecological niches.
Therefore, the correct answer is: Statement-I is correct but Statement-II is incorrect.
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The concepts of "due process of law" and "natural justice" are often linked in legal discussions, though they emphasize slightly different aspects of fairness. Both are integral to ensuring justice but focus on distinct legal protections. Due process of law is a fundamental legal principle that guarRead more
The concepts of “due process of law” and “natural justice” are often linked in legal discussions, though they emphasize slightly different aspects of fairness. Both are integral to ensuring justice but focus on distinct legal protections. Due process of law is a fundamental legal principle that guarantees individuals the right to fair treatment by the legal system. It ensures that no one can be deprived of life, liberty, or property without proper legal procedures. This includes the right to be informed of any allegations and the opportunity to defend oneself in a fair and unbiased setting. Due process is a cornerstone of legal systems worldwide, often enshrined in constitutions to safeguard individual rights. Natural justice, on the other hand, specifically governs the fairness of administrative and judicial proceedings. It revolves around two key principles: the rule against bias and the right to a fair hearing.
In essence, due process of law provides a comprehensive legal framework that includes natural justice as a critical component. While due process focuses on broader legal protections, natural justice zeroes in on ensuring fairness and impartiality in specific proceedings. Together, they are vital to upholding justice and protecting individual rights within legal systems worldwide. The correct answer is: The principle of natural justice.
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