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Consider the following: ...Read more
Consider the following: [2023]
1. Demographic performance
2. Forest and ecology
3. Governance reforms
4. Stable government
5. Tax and fiscal efforts
For the horizontal tax devolution, the Fifteenth Finance Commission used how many of the above as criteria other than population area and income distance?
How many of the given statements regarding mercury pollution is/are correct? [2023]1. Gold mining activity is a source of mercury pollution in the world.2. Coal-based thermal ...Read more
How many of the given statements regarding mercury pollution is/are correct? [2023]
1. Gold mining activity is a source of mercury pollution in the world.
2. Coal-based thermal power plants cause mercury pollution.
3. There is no known safe level of exposure to mercury.
Correct Answer: All three Explanation: Gold mining activity is a source of mercury pollution in the world: Correct. Artisanal and small-scale gold mining (ASGM) is one of the largest global sources of mercury emissions. Mercury is used in the extraction process to amalgamate gold, releasing significRead more
Hence, all three statements are correct.
See lessConsider the following statements in relation to Janani Suraksha Yojana: [2023] 1. It is a safe motherhood intervention of the State Health Departments. 2. Its objective ...Read more
Consider the following statements in relation to Janani Suraksha Yojana: [2023]
1. It is a safe motherhood intervention of the State Health Departments.
2. Its objective is to reduce maternal and neonatal mortality among poor pregnant women.
3. It aims to promote institutional delivery among poor pregnant women.
4. Its objective includes providing public health facilities to sick infants up to one year of age.
Read less
Statement Breakdown: It is a safe motherhood intervention of the State Health Departments: Incorrect: The Janani Suraksha Yojana (JSY) is a centrally sponsored scheme under the National Rural Health Mission (NRHM) of the Union Ministry of Health & Family Welfare, not solely managed by state healRead more
Based on the corrected analysis, statements 2 and 3 are correct, while statements 1 and 4 are incorrect.
Thus, the correct answer is Only two.
See lessConsider 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 regarding the Indian squirrels: [2023] 1. They build nests by ...Read more
Consider the following statements regarding the Indian squirrels: [2023]
1. They build nests by making burrows in the ground.
2. They store their food materials like nuts and seeds in the ground.
3. They are omnivorous.
It looks like the text is explaining the habits and habitats of Indian squirrels and verifying the correctness of certain statements about them. Here’s a brief summary: Habitat: Indian squirrels are found in India (south of the Vindhyas) and Sri Lanka, living in various environments like forests, grRead more
It looks like the text is explaining the habits and habitats of Indian squirrels and verifying the correctness of certain statements about them. Here’s a brief summary:
Based on this information, the correct answer to the question seems to be option only two.
See lessWhich one of the following countries has its own Satellite Navigation System? [2023]
Which one of the following countries has its own Satellite Navigation System? [2023]
Read lessThe country that has its own satellite navigation system is Japan. Japan's satellite navigation system is called QZSS (Quasi-Zenith Satellite System), which provides satellite-based positioning and timing information, mainly in the Asia-Pacific region. Australia, Canada, and Israel do not have theirRead more
The country that has its own satellite navigation system is Japan. Japan’s satellite navigation system is called QZSS (Quasi-Zenith Satellite System), which provides satellite-based positioning and timing information, mainly in the Asia-Pacific region.
So, the correct answer is: Japan.
See lessThe capital markets typically include financial markets where long-term debt (bonds) or equity-backed securities (stocks) are bought and sold. Let's analyze the given options: Government Bond Market: This is part of the capital market as it deals with long-term securities (bonds). Call Money Market:Read more
The capital markets typically include financial markets where long-term debt (bonds) or equity-backed securities (stocks) are bought and sold. Let’s analyze the given options:
Therefore, only two of the above markets, the Government Bond Market and the Stock Market, are included in capital markets. The correct answer is Only two.
See lessConsider 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 lessLet's evaluate each pair: Kamaraj Port : First major port in India registered as a company This is correct. Kamaraj Port, formerly known as Ennore Port, was the first major port in India to be registered as a company under the Companies Act, 1956. Mundra Port : Largest privately owned port in IndiaRead more
Let’s evaluate each pair:
Based on the evaluation, two of the pairs are correctly matched. The correct answer is: Only two pairs
See lessWith reference to Finance Bill and Money Bill in the Indian Parliament, consider the following statements: ...Read more
With reference to Finance Bill and Money Bill in the Indian Parliament, consider the following statements: [2023]
1. When the Lok Sabha transmits Finance Bill to the Rajya Sabha, it can amend or reject the Bill.
2. When the Lok Sabha transmits Money Bill to the Rajya Sabha, it cannot amend or reject the Bill, it can only make recommendations.
3. In the case of disagreement between the Lok Sabha and the Rajya Sabha, there is no joint sitting for Money Bill, but a joint sitting becomes necessary for Finance Bill.
Here is the analysis of the three statements: Statement 1: "When the Lok Sabha transmits Finance Bill to the Rajya Sabha, it can amend or reject the Bill." This statement is incorrect because, as per the text, a Finance Bill is a Money Bill, and the Rajya Sabha cannot amend or reject it. The Rajya SRead more
Here is the analysis of the three statements:
Conclusion:
Thus, the correct answer is Only one.
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The correct answer is Only three. For horizontal tax devolution, the Fifteenth Finance Commission used the following criteria in addition to population, area, and income distance: Demographic performance: Yes, this was used as a criterion. Forest and ecology: Yes, this was used as a criterion. GoverRead more
The correct answer is Only three. For horizontal tax devolution, the Fifteenth Finance Commission used the following criteria in addition to population, area, and income distance:
Thus, three of the given criteria (Demographic performance, Forest and ecology, Tax and fiscal efforts) were used.
See less