Explanation

• Option b is the correct answer.
• Wavex is the dedicated startup accelerator platform. It is initiated by Ministry of Information & Broadcasting.
• It aims to nurture innovations in media, entertainment, and language technology.
• To empower next-gen innovators through hackathons, mentorship, and national platform integration.
• The contests initiated are Bhasha Setu and Kalaa Setu.

Explanation

• Statement 1 is incorrect – A Goldilocks economy phase refers to an optimal economic state characterized by balanced growth, low inflation, and full employment, while avoiding both overheating and recession.
• Statement 2 is correct – With stable interest rates and modest inflation,
  • Goldilocks economy creates favourable conditions for investment, particularly in equities, as companies tend to experience sustained growth.
• Statement 3 is correct – It is typically short-lived because of the inevitability of business cycles.
• Sustaining such conditions demands prudent monetary and fiscal policy management.

Explanation

• The Live Events Development Cell (LEDC) acts as a single-window facilitator for the sector, bringing together representatives from Central and State governments, industry associations, music rights societies, and major event companies.
• LEDC was introduced by the Ministry of Information and Broadcasting in July 2025.
• Its goal is to achieve the full economic and cultural potential of concerts and live events in the country.
• It aims to facilitate the expansion of the “concert economy”, boosting employment and tourism in the country.
• In 2024, the organised live events market was valued at Rs.20,861 crore, reflecting a 15% growth rate that surpasses several traditional media segments.
• With an expected CAGR of 18%, the sector is positioned to establish India as a leading global live entertainment destination by 2030.

Explanation

• Option b is the correct answer.

• A study of W Ursae Majoris–type contact binaries, which are closely orbiting stellar twins, provides new insights into binary star evolution and their eventual fate.
• W Ursae Majoris (W UMa) stars are short-period, dumbbell-shaped binaries in which the two stars are in contact.
• The stars are so close that they share a single outer atmosphere while orbiting each other.
• These stars serve as "natural laboratories" by enabling precise measurement of fundamental parameters such as
  • Mass, radius, and temperature, which are essential for testing theories of stellar evolution.

Explanation

• The Beni greenlet is a newly confirmed bird species, characterised by its small size and greenish-grey plumage.
• The species has a small body with predominantly greenish-grey upperparts, a paler grey to whitish belly and throat, short, rounded wings, and a relatively short tail.
• It has dark eyes with a faint or indistinct eye-ring.
• It inhabits tropical moist lowland forests of northern Bolivia, primarily occupying the canopy and forest edges.

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