06 Sep, 2024

1. Which of the following statements about the Loss and Damage Fund (LDF) is/are correct?

  1. The LDF was established at COP27 to address economic and non-economic losses resulting from climate change, including both extreme weather events and slow-onset processes.
  2. The LDF is managed by the World Bank alone, with no involvement from a Governing Board.

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2. Which of the following statements about vertical fiscal imbalance (VFI) and the role of the 16th Finance Commission is/are correct?

  1. Vertical fiscal imbalance (VFI) occurs when the expenditure responsibilities of the States exceed their revenue-raising capabilities, necessitating transfers from the Union government.
  2. The 16th Finance Commission's primary role is to centralize revenue collection to reduce the dependency of States on Union transfers.

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3. Regarding the roles and contributions of the Law Commission of India, which statements are accurate?

  1. The Law Commission is a statutory body formed by an Act of Parliament and is responsible for drafting new legislation.
  2. The 22nd Law Commission made recommendations including the retention of Section 124A of the Indian Penal Code and proposed a new law to protect trade secrets.

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4. Which of the following statements about the SAMRIDH Scheme is/are correct?

  1. The SAMRIDH Scheme, launched by MeitY in August 2021, aims to support 300 software product startups with a total outlay of ?99 crore over a period of 4 years.
  2. The scheme provides matching funding of up to ?40 lakh to accelerators, but not directly to the startups.

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5. Regarding the POSHAN Abhiyan and Rashtriya Poshan Maah, which of the following statements is accurate?

  1. POSHAN Abhiyan aims to improve nutritional outcomes among children, adolescent girls, pregnant women, and lactating mothers, and includes activities under Poshan Maah and Poshan Pakhwada.
  2. Rashtriya Poshan Maah focuses solely on prenatal care and diet, without addressing other areas such as anaemia prevention and maternal and infant health.

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