02 Feb, 2024

1. With reference to 'Tax Buoyancy' consider the following statements:

  1. It explains the relationship between the changes in government’s tax revenue growth and the changes in GDP.
  2. A buoyant tax exhibits revenue increases without the necessity of raising tax rates.

Which of the statements given above is/are correct?

2. Recently, the Karnataka government is going to launch a 'Digital Detox' initiative. In this context consider the following statements:

  1. The digital detox is a period of time when a person voluntarily refrains from using digital devices such as smartphones, computers, and social media platforms.
  2. Disconnecting from technology can alleviate stress and anxiety, thereby fostering improved mental health and overall well-being.
  3. Digital Detox participants may feel disconnected from friends and family members, fear missing out or have anxiety about missing important information.

How many of the statements given above are correct?

3. Consider the following regarding the Animal Husbandry Infrastructure Development Fund which is recently extended by the central government:

  1. It is a centrally sponsored scheme.
  2. It is a special credit facility for Animal Husbandry Infrastructure Development.
  3. The objective of this scheme is to help increase milk and meat processing capacity and product diversification.

Which of the statements given above is/are correct?

4. In a significant development, the US approved the sale of 31 MQ-9B armed drones to India. in this context consider the following statements:

  1. A drone is an unmanned aerial vehicle capable of flying autonomously or being controlled remotely, often used for various purposes including surveillance, reconnaissance, and aerial photography.
  2. This drone is designed for extended over-the-horizon flights lasting over 30 hours, facilitated by satellite connectivity.

Which of the statements given above is/are correct?

5. In the interim budget 2024, the Finance Minister announced the expansion of the application of Nano DAP on various crops in all agro-climatic zones. In this context consider the following statements regarding Nano DAP:

  1. It is a unique liquid fertilizer product that contains nanoparticles of Diammonium Phosphate (DAP).
  2. It is a rich source of nitrogen and phosphorus which is crucial for crop growth.
  3. The adoption of Nano DAP will help in achieving self-sufficiency in fertilisers and greatly benefit farmers.

Which of the statements given above is/are correct?