1. Which of the following is/are correct about Lingayat?
1. It rejected the authority of vedas.
2. It believed in the transmigration of souls.
Select the correct statement using the code given below:
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

Explanation: Option (a) is correct
Lingayat, also called Virashaiva, member of a Hindu sect with a wide following in southern India that worships Shiva as the only deity.

The Lingayats’ earlier overthrow of caste distinctions has been modified in modern times, but the sect continues to be strongly anti-Brahmanical and opposed to worship of any image other than the lingam. In their rejection of the authority of the Vedas, the doctrine of transmigration of souls, child marriage, and ill treatment of widows, they anticipated much of the viewpoint of the social reform movements of the 19th century.

Source:
https://www.thehindu.com/news/national/karnataka/basavaraj-bommai-is-the-new-karnataka-chief-minister/article35565757.ece
https://www.britannica.com/topic/Lingayat


2. Which of the following north eastern states share a boundary with Bangladesh?
1. Assam
2. Manipur
3. Tripura
4. Mizoram
Select the correct answer using the code given below:
(a) 1 and 2 only
(b) 2 and 3 only
(c) 1, 3 and 4 only
(d) 1, 2 and 3 only

Explanation: Option (c) is correct
India shares a 4096-km-long border with Bangladesh which touches Assam, Tripura, Mizoram, Meghalaya and West Bengal.

Source:
https://www.thehindu.com/news/national/assam-chief-minister-talks-tough-on-mizoram-border-row/article35554723.ece
https://www.thehindu.com/news/national/other-states/india-opens-two-border-crossing-points-with-myanmar-bangladesh/article19780635.ece

3. Consider the following statements related to MSME sector in India:
1. MSMEs contribute over half of India’s GDP.
2. Both Investment and annual turnover is considered while classifying an enterprise as MSME.
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

Explanation:
Micro, Small and Medium Enterprises (MSMEs) play a major role in the Indian economy. MSMEs contribute significantly to the Indian economy in terms of Gross Domestic Product (GDP), exports, and employment generation.
Their contribution to the Indian economy is as follows:
Statement 1 is incorrect:
●    MSMEs contribute 30% of India’s GDP.
●    The share of MSME-related products in total exports from India during 2018-19 is 48%.
●    The estimated number of workers in unincorporated non-agriculture MSMEs in the country is 11 crore.
Statement 2 is correct: The classification of MSMEs as per Ministry of Micro, Small and Medium Enterprises, India (2020):
Classification    Micro    Small    Medium
Manufacturing Enterprises and Enterprises rendering Services    Investment in Plant and Machinery or Equipment:
Not more than INR 1 crore and Annual Turnover; not more than INR 5 crores    Investment in Plant and Machinery or Equipment:
Not more than INR 10 crore and Annual Turnover; not more than INR 50 crores    Investment in Plant and Machinery or Equipment:
Not more than INR 50 crore and Annual Turnover; not more than INR 250 crores

Source:
https://www.thehindu.com/business/Economy/panel-raps-govt-over-msmes-urges-larger-economic-package/article35571131.ece
https://www.investindia.gov.in/team-india-blogs/growth-imperative-msme-sector


4. “World Economic Outlook” is published by?
(a) World Economic Forum
(b) World Bank
(c) Yale University
(d) International Monetary Fund

Explanation: Option (d) is correct
World Economic Outlook
A Survey by the IMF staff is usually published twice a year. It presents IMF staff economists' analyses of global economic developments during the near and medium term. Chapters give an overview as well as more detailed analysis of the world economy; consider issues affecting industrial countries, developing countries, and economies in transition to market; and address topics of pressing current interest.

Source:
https://www.thehindu.com/business/Economy/imf-cuts-indias-gdp-growth-forecast-to-95-for-fy22/article35564592.ece
https://www.imf.org/en/Publications/WEO


5. Which of the following is/are correct about NATO?
1. Pakistan is the only asian country which is a member of NATO.
2. It has given itself military powers to undertake crisis-management operations.
Select the correct option using the code given below:
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

Explanation:
Statement 1 is incorrect: NATO does not have any members from outside the Americas and Europe.

Statement 2 is correct: NATO is committed to the peaceful resolution of disputes. If diplomatic efforts fail, it has the military power to undertake crisis-management operations. These are carried out under the collective defence clause of NATO's founding treaty - Article 5 of the Washington Treaty or under a United Nations mandate, alone or in cooperation with other countries and international organisations.

Source:
https://www.thehindu.com/news/international/nato-chief-urges-negotiated-settlement-in-afghanistan/article35570143.ece
https://www.nato.int/nato-welcome/index.html