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Consider the following statements: ...Read more
Consider the following statements: [2023]
Statement-I : Carbon markets are likely to be one of the most widespread tools in the fight against climate change.
Statement-II : Carbon markets transfer resources from the private sector to the State.
Consider 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 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 lessHydrofluorocarbons (HFCs) are synthetic chemicals widely employed in industries, mainly for refrigeration and cooling purposes. These man-made compounds were introduced as alternatives to ozone-depleting substances that are being phased out under the Montreal Protocol. HFCs are specifically designedRead more
Hydrofluorocarbons (HFCs) are synthetic chemicals widely employed in industries, mainly for refrigeration and cooling purposes. These man-made compounds were introduced as alternatives to ozone-depleting substances that are being phased out under the Montreal Protocol. HFCs are specifically designed for applications in refrigeration, air-conditioning, aerosol propellants, and insulating foams, with additional, smaller roles in fire protection and as solvents. Unlike some other compounds, HFCs lack lubricating properties. Therefore, the correct option is Only three.
See lessOrangutans are known for their intelligence and ability to use tools. They have been observed using sticks to extract insects from holes in trees or logs, demonstrating advanced problem-solving skills and tool use in their natural environment. The correct answer is Orangutan.
Orangutans are known for their intelligence and ability to use tools. They have been observed using sticks to extract insects from holes in trees or logs, demonstrating advanced problem-solving skills and tool use in their natural environment. The correct answer is Orangutan.
See lessConsider the following statements: ...Read more
Consider the following statements: [2023]
1. Some microorganisms can grow in environments with temperature above the boiling point of water.
2. Some microorganisms can grow in environments with temperature below the freezing point of water
3. Some microorganisms can grow in a highly acidic environment with a pH below 3.
Here’s an explanation for each statement: Some microorganisms can grow in environments with temperatures above the boiling point of water: This is correct. Certain microorganisms, known as thermophiles or hyperthermophiles, can thrive in extremely hot environments, such as hydrothermal vents, whereRead more
Here’s an explanation for each statement:
Thus, all three statements are correct. The correct answer is All three.
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 lessLet's analyze each statement to determine its correctness: Some mushrooms have medicinal properties: This is true. Certain mushrooms, such as Reishi and Shiitake, are known for their medicinal benefits, including immune-boosting and anti-inflammatory properties. Some mushrooms have psychoactive propRead more
Let’s analyze each statement to determine its correctness:
All four statements are correct. Therefore, the correct answer is: All four
See lessWhich of the following organisms perform waggle dance for others of their kin to indicate the direction and the distance to a source of their food? ...Read more
Which of the following organisms perform waggle dance for others of their kin to indicate the direction and the distance to a source of their food? [2023]
Read lessThe correct answer is: Honey Bees. Honey bees perform the "waggle dance" to communicate the direction and distance of a food source to other members of their hive. The dance involves a series of movements, including waggling their bodies and making figure-eight patterns, to convey information aboutRead more
The correct answer is: Honey Bees. Honey bees perform the “waggle dance” to communicate the direction and distance of a food source to other members of their hive. The dance involves a series of movements, including waggling their bodies and making figure-eight patterns, to convey information about the location of nectar, pollen, or water. This sophisticated form of communication is crucial for the foraging efficiency and survival of the colony. Neither butterflies, dragonflies, nor wasps use this method of communication.
See lessLion-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
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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Statement 1 is accurate: Carbon markets, once considered ineffective, have finally emerged as one of the most prominent mechanisms in the battle against climate change. By the end of 2021, over 21% of global emissions were subject to some form of carbon pricing, an increase from 15% in 2020. More anRead more
Statement 1 is accurate: Carbon markets, once considered ineffective, have finally emerged as one of the most prominent mechanisms in the battle against climate change. By the end of 2021, over 21% of global emissions were subject to some form of carbon pricing, an increase from 15% in 2020. More and more businesses are required to compensate regulators for the privilege of emitting a ton of carbon dioxide. Investor interest is also rising, as trading volumes in these markets surged by 164% last year, reaching €760 billion ($897 billion).
Statement 2 is also accurate. Carbon markets play a crucial role in mobilizing financial resources and minimizing costs, thereby providing countries and corporations the flexibility to transition to low-carbon economies. It is projected that carbon credit trading could lower the expense of fulfilling Nationally Determined Contributions (NDCs) by over 50%—potentially saving as much as $250 billion by 2030. In the long run, however, carbon markets may become obsolete as countries achieve net-zero emissions, reducing the necessity for emission trading.
Therefore, the correct answer is Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I.
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