Which of the following statements are correct in respect of Index of Industrial Production (IIP) in India:
- The IIP measures the short-term changes in the volume of production of industries such as manufacturing, mining, and electricity.
- The IIP is released monthly by the National Statistical Office under the Ministry of Statistics and Programme Implementation (MoSPI).
- The IIP directly measures price changes and inflation in the industrial sector.
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Consider the following statements:
Statement 1: The Goods and Services Tax (GST) is a destination-based indirect tax levied on the supply of goods and services.
Statement 2: Under GST, tax revenue is accrued to the State where goods or services are consumed, rather than where they are produced.
Which one of the following is correct in respect of the above statements?
Consider the following statements:
Statement I: A Free Trade Agreement (FTA) aims to promote international trade by reducing or eliminating tariffs and non-tariff barriers between participating countries.
Statement II: FTAs provide preferential market access by lowering customs duties on a mutually agreed list of goods and services among member countries
Statement III: FTAs require complete harmonisation of domestic tax policies and a common external tariff against non-member countries.
Which one of the following is correct in respect of the above statements?
Consider the following with reference to Supreme Court of India:
- The Supreme Court is the highest judicial authority in India and acts as the final court of appeal.
- Judges of the Supreme Court are appointed by the President of India after consultation with the judiciary.
- The Supreme Court can exercise judicial review to test the constitutionality of laws.
How many of the above is/are correct?
Which of the following is a key feature of Regional Comprehensive Economic Partnership (RCEP)?
Consider the following statements regarding the development of tribal communities in India:
- Education is a key tool for inclusive growth and social justice among tribal populations.
- Government schemes named after Birsa Munda aim to provide basic amenities like housing, roads, schools, and drinking water to tribal communities.
Which of the statements given above is/are correct?
Consider the following with reference to gig workers and quick commerce in India:
- Gig workers are paid based on the number of tasks or deliveries completed, not on working hours, which makes their earnings unpredictable.
- Strikes by gig workers have been called over pay transparency, safety concerns in 10-minute deliveries, and blocking of worker IDs.
- Gig workers are legally entitled to a fixed minimum wage per day under the Minimum Wages Act, 1948.
How many of the above is/are correct?
Which of the following statements are correct in respect of the development and impact of quantum physics:
- Werner Heisenberg, with Max Born and Pascual Jordan, laid the foundations of modern quantum physics through a complete mathematical framework in 1925-26.
- Quantum physics has influenced technologies such as semiconductors, lasers, high-density storage devices, and medical diagnostic tools.
- The contributions of Indian scientists like CV Raman and Satyendra Nath Bose were limited to theoretical physics without practical applications.
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Which of the following initiatives by India reflect its strategy in a fragmented global order, as highlighted in 2025?
Consider the following with respect to the Indian stock market outlook for 2026:
- Earnings growth and strong macroeconomic fundamentals are expected to drive market performance.
- Stabilisation of the rupee and finalisation of the India-US trade deal will be the primary determinants of stock returns.
- Domestic retail and institutional investor participation will support market resilience.
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