1.    Consider the following passage:
“This protected area has the second-largest mangrove forest in India and is a Ramsar site. It was declared as a National Park in the year of 1988. It is located in the estuary of Brahmani, Baitarani, Dhamra, and Mahanadi river systems. It is said to house 70% of the country’s estuarine or saltwater crocodiles.”
Which of the following protected areas is being described in the above passage?

(a)    Similipal National Park

(b)    Kanger Ghati National Park

(c)    Bhitarkanika National Park

(d)    Jaldapara National Park
Explanation
Option c is correct: Bhitarkanika National Park has the second-largest mangrove forest in India and is a Ramsar site. It was declared as a Bhitarkanika National Park in the year of 1988.
Bhitarkanika is located in the estuary of Brahmani, Baitarani, Dhamra, and Mahanadi river systems. It is located in Kendrapara district of Odisha.
It is said to house 70% of the country’s estuarine or saltwater crocodiles, conservation of which was started way back in 1975.
Source: https://www.thehindu.com/news/national/other-states/experts-express-concern-over-diversion-of-fresh-water-from-brahmani/article36279126.ece

2.    With reference to the Financial Stability and Development Council (FSDC), consider the following statements:

1.    It was first proposed by the Raghuram Rajan committee on financial sector reforms.

2.    It is chaired by the Finance Minister.
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
Statement 2 is correct: The Financial Stability and Development Council (FSDC) is chaired by the Finance Minister and its members include the heads of all Financial Sector Regulators (RBI, SEBI, PFRDA & IRDA), Finance Secretary, Secretary of Department of Economic Affairs (DEA), Secretary of Department of Financial Services (DFS), and Chief Economic Adviser.
Statement 1 is correct: The Raghuram Rajan committee (2008) on financial sector reforms first proposed the creation of FSDC.
FSDC sub-committee is headed by the Governor of RBI. The Council can invite experts to its meeting if required.
Source: https://www.thehindu.com/business/Economy/fsdc-asks-regulators-to-keep-steady-vigil-on-financial-sector/article36280845.ece

3.    With reference to Purchasing Manager’s Index (PMI), consider the following statements:

1.    It is an indicator of business activity in the manufacturing sector only.

2.    PMI above 100 represents an expansion.
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
Statement 1 is incorrect: Purchasing Manager’s Index (PMI) is an indicator of business activity- in the manufacturing and services sectors.
The PMI is a number from 0 to 100.
Statement 2 is incorrect: PMI above 50 represents an expansion when compared to the previous month.
PMI under 50 represents a contraction, and a reading at 50 indicates no change.
Source: https://www.thehindu.com/business/Industry/pmi-signals-fastest-rebound-in-services-activity-in-18-months/article36280877.ece


4.    Which of the following statements is/are correct regarding the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021?

1.    Based on the number of users on the social media platform, intermediaries have been divided in three groups.

2.    The safe harbour provisions protect social media intermediaries by giving them immunity from legal prosecution for any content posted on their platforms.

3.    Significant social media intermediaries providing services primarily in the nature of messaging shall enable identification of the first originator of the information.
   Select the correct answer using the code given below:
(a)    1 and 2 only

(b)    2 and 3 only

(c)    1 and 3 only

(d)    1,2 and 3
Explanation
Statement 1 is incorrect: Under the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021- based on the number of users on the social media platform, intermediaries have been divided in two groups: Social media intermediaries and significant social media intermediaries.
Statement 2 is correct: The safe harbour provisions have been defined under Section 79 of the IT Act, and protect social media intermediaries by giving them immunity from legal prosecution for any content posted on their platforms.
Statement 3 is correct: Significant social media intermediaries providing services primarily in the nature of messaging shall enable identification of the first originator of the information.
Source: https://www.thehindu.com/news/national/it-rules-framed-to-regulate-unlawful-content-on-digital-media-ott-platforms-centre-tells-hc/article36280431.ece

5.    Consider the following statements regarding the National Green Tribunal Act (2010):

1.    National Green Tribunal is mandated to make disposal of applications or appeals finally within one year of filing of the same.

2.    The members of tribunal are not eligible for reappointment.
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
Statement 1 is incorrect: National Green Tribunal is mandated to make disposal of applications or appeals finally within 6 months of filing of the same.
Statement 2 is correct: The Tribunal comprises of the Chairperson, the Judicial Members and Expert Members. They shall hold office for term of five years and are not eligible for reappointment.
The Chairperson is appointed by the Central Government in consultation with Chief Justice of India (CJI).
Source: https://www.thehindu.com/news/cities/Delhi/ngt-forms-panel-to-probe-operation-of-slaughterhouse/article36283842.ece