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Q1. ADEETIE scheme to promote low-carbon industrial growth, improve power-productivity ratio and support India’s net zero goals is launched by which of the following ministries ?
- ADEETIE scheme to promote low-carbon industrial growth, improve power-productivity ratio and support India’s net zero goals is launched by Ministry of Power.
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Q2. With reference to Catastrophe Bonds, consider the following statements:
i) Catastrophe bonds are risk-transfer instruments through which insurers or governments may transfer specified disaster-related financial risks to investors.
ii) If a predefined catastrophic event occurs and the contractual trigger is met, investors may lose part or all of their principal.
iii) Catastrophe bonds are issued exclusively by central banks to finance post-disaster reconstruction.
iv) Catastrophe bonds are generally linked to low-probability but high-impact events such as major earthquakes, hurricanes or floods.
Which of the statements given above are correct?
- Statement 1 is correct: Catastrophe bonds transfer disaster risk from insurers, reinsurers or governments to capital market investors. Statement 2 is correct: If the specified catastrophe satisfies the contractual trigger, investors may forfeit part or all of the principal, which is used to cover losses. Statement 3 is incorrect: Catastrophe bonds are not issued exclusively by central banks. They may be issued by insurers, reinsurers, governments or special-purpose entities. Statement 4 is correct: They are commonly linked to rare but severe natural disasters.
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Q3. The WHO "3 by 35" Initiative is related to which of the following?
- The WHO "3 by 35" Initiative seeks to increase the taxation of tobacco, alcohol and sugar-sweetened beverages. One of its objectives is to reduce the burden of non-communicable diseases by discouraging the consumption of unhealthy products. The initiative also seeks to encourage governments to mobilise additional domestic public revenue for health and development.
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Q4. With reference to the Solar Energy Corporation of India (SECI), consider the following statements:
i) SECI is a Central Public Sector Enterprise under the Ministry of New and Renewable Energy.
ii) It plays a significant role in implementing renewable energy projects and facilitating power procurement from renewable sources.
iii) SECI is the statutory regulator responsible for fixing electricity tariffs across India.
iv) Besides solar energy, SECI is also associated with the promotion of other renewable energy technologies.
Which of the statements given above are correct?
- Statement 1 is correct: SECI is a Central Public Sector Enterprise (CPSE) under the Ministry of New and Renewable Energy. Statement 2 is correct: It implements renewable energy schemes, conducts competitive bidding and facilitates procurement of renewable power. Statement 3 is incorrect: Electricity tariff regulation is undertaken by the Central Electricity Regulatory Commission (CERC) and State Electricity Regulatory Commissions (SERCs), not SECI. Statement 4 is correct: Although established with a focus on solar energy, SECI now supports wind, hybrid, storage and green hydrogen-related initiatives as well.
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Q5. Consider the following statements regarding the Agricultural Monitoring & Event Detection API.
i) It is intended to support agricultural monitoring using geospatial and remote sensing technologies. The platform can assist in detecting agricultural events such as crop changes and field-level observations based on satellite data.
ii) Such technologies can support evidence-based agricultural planning and crop management. The API replaces field surveys entirely and eliminates the need for ground verification in agricultural monitoring.
Which of the statements given above are correct?
- Statement 1 is correct: AMEDA is designed to support agricultural monitoring through geospatial technologies. Satellite imagery and remote sensing can detect changes in crop conditions and agricultural events. Statement 2 is incorrect: Such data help improve planning, crop assessment and policy decisions. Remote sensing complements field surveys but does not completely replace ground verification.