22 Feb, 2024

1. Recently, the government of India approved a hike in the Fair and Remunerative Price (FRP) of sugarcane. In this context consider the following statements regarding FRP:

  1. FRP is the minimum price rate at which sugarcane is to be purchased by sugar mills from farmers.
  2. The FRP is based on the Raghuram Rajan Committee report on reorganizing the sugarcane industry.
  3. Sugarcane (Control) Order 1966 mandates payment of FRP within 30 days of the delivery.

How many of the above statements is/are correct?

2. With reference to the Financial Stability and Development Council (FSDC), Consider the following statements:

  1. The FSDC is an apex-level body constituted by the government to address macroeconomic and financial stability issues.
  2. The Financial Stability and Development Council (FSDC) is a statutory body.
  3. The Governor of RBI serves as the secretary of this council.

Which of the statements given above is/are correct?

3. The Chenchu tribe, which was in the news recently due to their celebration of the Paruveta Festival, is primarily found in the state of:

4. Consider the following statements regarding the Flood Management and Border Areas Programme (FMBPA):

  1. It is being implemented throughout the country for effective flood management, erosion control and anti-sea erosion and to help in maintaining peace along the border.
  2. Under this scheme, central assistance will be provided to State Governments for taking up critical works related to flood control, anti erosion etc.

Which of the statements given above is/are correct?

5. Consider the following statements regarding Fali S Nariman, the eminent Supreme Court judge who passed away recently:

  1. He resigned as additional solicitor-general of India after the Emergency was imposed in the year 1975.
  2. He served as the president of the International Council for Commercial Arbitration.
  3. He was involved in the historic Kesavananda Bharati case.

Which of the statements given above is/are correct?