Which of the following statements are correct in respect of GST compensation to States?
- The GST (Compensation to States) Act guaranteed compensation for revenue loss for five years from GST implementation.
- The compensation period ended in June 2022.
- Compensation was financed through the GST Compensation Cess.
Select the answer using the code given below:
Consider the following statements:
Statement 1: The HSBC India Manufacturing Purchasing Managers' Index (PMI) is a leading indicator of manufacturing sector activity.
Statement 2: The PMI is compiled from monthly surveys of purchasing managers across manufacturing firms.
Which one of the following is correct in respect of the above statements?
Consider the following statements:
- Fiscal transfers from the Union to the States include tax devolution and grants-in-aid.
- Grants-in-aid to States under Article 275 of the Constitution are statutory grants.
Which of the statements given above is/are correct?
Consider the following with reference to Finance Commission:
- It recommends measures to augment the Consolidated Fund of a State to supplement the resources of Panchayats.
- It recommends measures to augment the Consolidated Fund of a State to supplement the resources of Municipalities.
- It recommends the annual Budget of the Union Government.
How many of the above is/are not correct?
Which one of the following is the most likely impact of an El Niño event on India?
In India, the National Highways Authority of India (NHAI) primarily functions under which of the following Ministries?
With reference to the legal framework for addressing sexual harassment and sexual offences against women in India, consider the following statements:
- Registration of a First Information Report (FIR) is mandatory where information discloses the commission of a cognizable offence.
- Delay in lodging a complaint in cases of sexual offences automatically renders the complaint legally invalid.
Which of the statements given above is/are correct?
With reference to the legal protection available to women in live-in relationships in India, consider the following statements:
- A live-in relationship can, under certain circumstances, be treated as a relationship "in the nature of marriage" for extending legal protection.
- The Protection of Women from Domestic Violence Act, 2005 provides only criminal remedies to women in live-in relationships.
- The Supreme Court has held that the absence of a formally solemnised marriage does not automatically bar protection against domestic cruelty where the relationship satisfies the prescribed legal tests.
Which of the statements given above is/are correct?
With reference to Artificial Intelligence (AI) training and copyright, consider the following statements:
- Destructive scanning involves cutting the spine of a book and separating its pages for rapid digitisation.
- Under the Copyright Act, 1957, the fair dealing exception permits the use of copyrighted material only for commercial AI training.
- Optical Character Recognition (OCR) technology converts scanned images of text into machine-readable text.
How many of the above statements are correct?
With reference to the Reserve Bank of India (RBI) and monetary policy, consider the following statements:
- Headline inflation can temporarily rise due to supply-side shocks such as food and fuel prices even when core inflation remains moderate.
- The Current Account Deficit (CAD) is affected by factors such as global energy prices and international trade conditions.
- Under India's exchange rate framework, the RBI follows a fixed exchange rate regime by announcing a predetermined value of the rupee against the US dollar.
- Monetary policy decisions are based only on the prevailing inflation rate and do not consider economic growth.
How many of the above statements are correct?