Option (a) is correct

Explanation:

• The United Nations Framework Convention on Climate Change has just unveiled the synthesis report of the inaugural Global Stocktake, coinciding with the G20 leaders’ summit.
• ‘Global stocktake’ refers to a proposed five-yearly review of the impact of countries’ climate change actions. 
• Under the Paris Agreement, the first global stocktake will happen in 2023. It will assess whether the net result of the climate actions being taken was consistent with the goal of keeping the increase in global average temperature from pre-industrial times to within 2 degree Celsius. 
• The stocktake will help the world determine whether it needs to do more — and how much more.

Option (d) is correct 

Explanation: 

• Bureau of Indian Standards (BIS) recently initiated nationwide sensitisation workshops to create awareness and promote compliance with Indian standards at the grassroots level.
• Statement 1 is not correct: Bureau of Indian Standards (BIS), is a statutory body constituted under the BIS Act of 2016 functioning under the Ministry of Consumer Affairs, Food and Public Distribution, Government of India. 
• Statement 2 is not correct: The Standards and Labelling programme was initiated by the Bureau of Energy Efficiency (BEE) for equipment and appliances to provide the consumer an informed choice about energy saving.
• Statement 3 is not correct: The Ministry of Food Processing develops food safety hygiene standards and issues the FPO mark certification to processed food manufacturers.

Option (c) is correct.

Explanation: 

• India recently agreed to bring down the import duty to 5-10 per cent on some fresh and processed food items as part of a larger dispute settlement between India and the US.
  • The tariff cut will be applicable to all WTO member nations, according to the WTO’s MFN principle. 
• Statement 1 is correct: If any privileges granted to any member nation by another member nation of the WTO, then the same privilege of like products has to be given to all the other member nations of the WTO.
• Statement 2 is correct: Products which are not “like products” do not come under the restrictive principle of MFN and may be treated differently.
• Statement 3 is not correct: It does not allow countries to extend favourable trade terms to a few select trading partners. 
• Statement 4 is correct: Free Trade Agreements are exempted under the MFN principle.
  • For example, countries can set up a free trade agreement that applies only to goods traded within the group discriminating against goods from outside or they can give developing countries special access to their markets.

Option (d) is correct

Explanation:

• The Reserve Bank of India (RBI) is set to introduce a central bank digital currency (CBDC) in the country’s call money market.
• CMM is the market for very short-term loans most probably – one-day loans traded by banks. 
• Main feature of the call money market is that the banks themselves are the borrowers and lenders. 
• Participants in the call money market are banks and related entities specified by the RBI. Hence, the call money market is known as the interbank call money market. 
• Statement 1 is correct: Money lent for one day is referred to as call money.
• Statement 2 is correct: Money lent for more than one day and less than 15 days is called Notice Money.
• Statement 3 is correct: Money lent for more than 15 days is known as term money.

Option (c) is correct

Explanation:

• Indian Coast Guard participated in 19th Heads of Asian Coast Guard Agencies Meeting (HACGAM) in Istanbul, Türkiye.
• The HACGAM is an annual event hosted by one of its member nations on a rotational basis.
• Statement 1 is correct: The forum, which has 23-member coast guard agencies and two associate members – Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP) and United Nations Office on Drugs and Crime (UNODC).
• Statement 2 is correct: It  was initiated by Japan to promote cooperation among regional coast guards.
• The primary focus of the HACGAM is to foster cooperation between the coast guards of the member Asian states to ensure and promote safe, secure and clean seas in the region. 
• To achieve this, HACGAM comprises four working groups that enable a focused and goal-oriented approach towards coordinated response and synergy towards common maritime issues.