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1) Dhruva Framework, recently seen in news, is proposed by?

Answer : c

Explanation

Option c is the correct answer.
DHRUVA framework is a government initiative to create a standardised digital address system in India by assigning a Unique Virtual Address (UVA) to every physical location, asset or entity.
It is being proposed by Department of Posts as a Digital Public Infrastructure (DPI) along the lines of Aadhaar and UPI.
The framework activities are overseen by National Payments Corporation of India (NPCI).
At its core, it is the Address-as-a-Service (AaaS) concept aiming to create a unified, secure, consent-based digital addressing system (like DIGIPIN).
A DIGIPIN, a 10-digit alphanumeric pin code based on location coordinates will be released.

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2) Select the incorrect statement with reference to Registrar General of India (RGI)

a. Article 139 elaborate the functions of RGI.
b. He/she conducts the Census of India, manages civil registration (births/deaths), and handles demographic surveys.
c. He/she functions under the Ministry of Home Affairs.
d. None of the above.

Answer : a

Explanation

Option a is incorrect – Registrar General of India office created by the government via an executive decision (1949). RGI is an extra-constitutional body.
He operates under the Census Act, 1948, and Registration of Births and Deaths Act, 1969.
He functions under the Ministry of Home Affairs, Government of India.
He conducts the Census of India, manages civil registration (births/deaths), and handles demographic surveys.
It's a statutory body, not a constitutional one, as its existence and powers are derived from Acts of Parliament, not directly from constitutional articles.

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3) Consider the following statements

Masala bonds are the bonds issued by Indian entities outside India denominated in foreign currency.
It will reduce the risk for investor and helps issuer to raise funds required for the development.

Select the correct statements using the code below:

Answer : d

Explanation

Statement 1 is incorrect – Masala bonds are the bonds issued by Indian entities outside India denominated in Indian currency i.e. in Rupees.
Statement 2 is incorrect – There is the risk for investor as it is denominated in Indian currency (that is not widely accepted globally) and helps issuer to raise funds required for the development.
Currency risk for investors, restricted usage of funds, and limited investor appetite in volatile markets are the limitations of masala bonds.

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4) The report on 'Growing Retail Digital Payments (The Value of Interoperability)' is prepared by?

Answer : c

Explanation

Option c is the correct answer.
'Growing Retail Digital Payments (The Value of Interoperability)' is a report by International Monetary Fund (IMF).
It recognized Unified Payments Interface (UPI) as the world’s largest retail fast-payment system (FPS) by transaction volume.

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5) Ground level ozone formed by the complex photochemical reactions between volatile Organic Compounds (VOC) with which of the following?

Answer : c

Explanation

Option c is the correct answer.
Current level of major air pollutants including O3 is available in Portal of the Central Control Room for Air Quality Management, pertaining to CPCB.
Ground level ozone is a secondary pollutant and formed through complex photochemical reactions between volatile Organic Compounds (VOC) and Oxides of Nitrogen Oxides (NOx).
Sources – NOx is emitted from combustion of coal, gasoline and oil in industrial operations, motor vehicles and power plants.
VOCs are mainly released through gasoline combustion and distribution, upstream oil and gas production, wood burning, and the evaporation of solvents and liquid fuels.