Correct Answer: Repo rate

Solution : The correct option is the Repo rate.

The repo rate is when the central bank lends money to commercial banks against government securities. This is short-term borrowing in which banks sell government securities to the RBI. All this is done through an agreement that says the g-sec is repurchased.

Correct Answer: Statement 1 is true, Statement 2 is true, and Statement 2 is the correct explanation of Statement 1.

Solution : The correct answer is (a) Statement 1 is true, Statement 2 is true, and Statement 2 is the correct explanation of Statement 1.

Statement 1 is true. India generally has a higher literacy rate compared to China. As of my knowledge cutoff in September 2021, India's literacy rate was around 77 %, while China's literacy rate was around 96 %, according to the World Bank data.

Statement 2 is also true. Government initiatives such as the National Literacy Mission have indeed contributed to increased literacy rates in India. The National Literacy Mission, launched in 1988, aimed to eradicate illiteracy and improve literacy rates across the country through various programs and campaigns. These initiatives focused on improving access to education, providing adult literacy programs, and promoting awareness about the importance of education.

Therefore, both statements are true, and Statement 2 is the correct explanation of Statement 1. Government initiatives such as the National Literacy Mission have played a significant role in increasing literacy rates in India, contributing to its higher literacy rate compared to China.

Correct Answer: Both assertion and reason are true, and the reason is the correct explanation of the assertion.

Solution : The correct answer is (a) Both assertion and reason are true, and the reason is the correct explanation of the assertion.

The Green Revolution did indeed play a significant role in increasing agricultural productivity in India. The introduction of high-yielding varieties of seeds, modern agricultural techniques, and better irrigation facilities were key components of the Green Revolution and contributed to increased food production.

During the 1960s and 1970s, India faced a severe food shortage and was heavily dependent on food imports. To address this challenge, the Indian government, with the help of agricultural scientists and researchers, implemented the Green Revolution. This initiative focused on developing and disseminating improved seeds, such as dwarf wheat and high-yielding rice varieties, that had higher yields and were more resistant to pests and diseases.

The reason provided in the assertion correctly explains how the introduction of high-yielding varieties of seeds, modern agricultural techniques, and better irrigation facilities contributed to increased agricultural productivity in India during the Green Revolution.

Correct Answer: Governor

Solution : The correct answer is Governor.

According to this article, the President or Governor shall not be answerable to any court for the exercise and performance of the powers and duties of his office or for any act done or supposed to be done by him in the exercise and performance of his duties. Any criminal proceedings cannot be started or continued in any court during his term of office as Governor. No court can grant arrest warrants for the Governor. Article 14 talks about the right to equality, but the posts of the President and Governor are constitutional posts, and they are exempted from the proceedings.

Correct Answer: Hindustan Petroleum Corporation Limited

Solution : The correct answer is Hindustan Petroleum Corporation Limited.

Companies that have generated or reported net profits of more than Rs 5000 crore for three straight years, average annual net worth of more than Rs 15000 crore for three years, or average annual revenue of more than Rs 25000 crore are given Maharatna status. With a subscribed capital of Rs. 339.33 crore, HPCL is an enterprise in the public sector. Since being taken over by the Government of India in 1974 and 1976, respectively, the shares are listed on the BSE and NSE and are actively traded.

Correct Answer: Governor

Solution : The correct option is the Governor.

In India, the governor of the relevant state appoints the State Election Commissioner. The State Election Commissioner is in charge of overseeing the elections for local government entities in the state, including panchayats, municipalities, and other urban and rural local bodies. Maintaining the integrity and openness of state-level local elections depends on this perspective.

Correct Answer: Deen Dayal Upadhyaya Gram Jyoti Yojana

Solution : The correct answer is (c) Deen Dayal Upadhyaya Gram Jyoti Yojana

The Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) is a scheme launched by the Government of India with the objective of providing electricity to all rural households and ensuring 24x7 power supply to rural areas across the country.

The scheme focuses on strengthening and upgrading the electricity distribution infrastructure in rural areas, including feeder separation, system strengthening, metering, and rural electrification. It aims to provide electricity access to all unelectrified villages, as well as to households that are still without electricity connections in already electrified villages.

Through this scheme, the government aims to improve the socio-economic condition of rural communities by providing them with reliable and affordable electricity access, which in turn supports various developmental activities, enhances livelihood opportunities, and improves the overall quality of life in rural areas.

Correct Answer: Both debt and equity markets

Solution : The correct answer is (c) Both debt and equity markets

The Securities and Exchange Board of India (SEBI) regulates both debt and equity markets in India. SEBI is the regulatory body responsible for overseeing and regulating the securities market in the country. It is established under the Securities and Exchange Board of India Act, 1992. SEBI regulates various aspects of debt and equity markets, including issuance and trading of securities, disclosure and reporting requirements, investor protection, market intermediaries, stock exchanges, mutual funds, and other market participants. Its mandate is to maintain a well-regulated and orderly securities market and to foster investor confidence in the Indian capital markets.

Correct Answer: Savitribai Phule

Solution : The social reform movement for women's education in India was led by Savitribai Phule, who, along with her husband Jyotirao Phule, played a crucial role in promoting education for women and girls, especially those from marginalized communities.

Correct Answer: leaving

Solution : The correct choice is the first option.

The gerund form leaving makes sense in the context, indicating that the swarms have left behind a trail of destruction as they moved to at least five states.