1) Recently, the Union Finance Minister outlined the "5Rs of Responsive Tax Governance". Which of the following are included in these 5Rs?
Recognize
Respond
Redress
Reflect
Reform
Select the correct answer using the code below:
a.
b.
c.
d.
Answer : d
Explanation
Option d is correct – The Union FM, Sitharaman, outlines 5Rs of responsive tax governance. The 5Rs of Responsive Tax Governance are
Recognize,
Respond,
Redress,
Reflect and
Reform.
2) Which one of the following is the largest anthropogenic (man-made) source of methane (CH?) emissions globally?
a.
b.
c.
d.
Answer : c
Explanation
Option c is correct – Agriculture contributes about 40% of anthropogenic methane emissions, with livestock systems accounting for about 32% and rice cultivation about 8%.
3) With reference to bunker buster bombs, consider the following statements:
They are designed to penetrate soil, rock, and reinforced concrete before detonating.
The effectiveness of bunker buster bombs increases with the depth of the underground target.
Which of the statements given above is/are correct?
a.
b.
c.
d.
Answer : a
Explanation
Statement 1 is correct – Bunker buster bombs penetrate soil, rock, and reinforced concrete before exploding.
Statement 2 is incorrect – Their effectiveness generally decreases against deeper underground facilities due to depth and geological constraints.
4) With reference to the recently revised Index of Core Industries (ICI), consider the following statements:
Iron ore has been included as the ninth core industry in the revised index.
The combined weight of the Index of Core Industries in the Index of Industrial Production (IIP) has increased under the revised base year series.
Which of the statements given above is/are correct?
a.
b.
c.
d.
Answer : a
Explanation
Statement 1 is correct – The base year revised from 2011–12 to 2022–23. Iron ore has been added as the 9th core industry.
Statement 2 is incorrect – The combined weight of ICI in the IIP decreased from 40.27% to 32.88% under the revised series.
5) With reference to the cotton sector in India, consider the following statements:
India is the only country in the world that cultivates all four recognised cotton species.
India ranks first globally in both cotton acreage and cotton production.
Which of the statements given above is/are correct?
a.
b.
c.
d.
Answer : a
Explanation
Statement 1 is correct. India is the only country cultivating all four recognised cotton species.
Statement 2 is incorrect. India ranks first in cotton acreage, but second in production (after China, as of mid-2026).
