Consider the following statements: Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β Β ...Read more
Lion-tailed Macaque: This species is primarily diurnal, meaning it is active during the day and rests at night. They are known for their distinctive mane and tail tuft, and they inhabit the rainforests of the Western Ghats in India. Malabar Civet: The Malabar Civet is generally nocturnal. It is mostRead more
- Lion-tailed Macaque: This species is primarily diurnal, meaning it is active during the day and rests at night. They are known for their distinctive mane and tail tuft, and they inhabit the rainforests of the Western Ghats in India.
- Malabar Civet: The Malabar Civet is generally nocturnal. It is most active during the night and is rarely seen during the day. It is a critically endangered species native to the Western Ghats and nearby regions.
- Sambar Deer: The Sambar Deer is largely nocturnal or crepuscular (active during twilight). It tends to be most active during the early morning and late evening but can also be seen foraging at night.
Given this information, two of the listed fauna (Malabar Civet and Sambar Deer) are generally nocturnal or most active after sunset. Therefore, the correct answer is: Only two.
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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 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.
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