Option (d) is correct

Explanation:

• Hiroshima AI Process is an effort by G7 countries to determine a way forward to regulate artificial intelligence (AI). 
• By this HAP, the G-7 countries could move towards a divergent regulation based on shared norms, principles and guiding values.
• It can develop a common guideline for G-7 countries that allows the use of copyrighted materials in datasets for machine-learning as ‘fair use’.

Option (b) is correct

Explanation:

• Recently, the NCSC has issued a notice to Zomato founder over an “inhuman” and “casteist” advertisement that featured a Dalit character from the film Lagaan being used as a table, lamp, watering can and so on.
• Statement 1 is correct. NCSC is a constitutional body that works to safeguard the interests of the scheduled castes (SC) in India. Article 338 of the Indian Constitution deals with it.
• Statement 2 is correct. The members of the NCSC are appointed by the President by warrant under his hand and seal.
• Statement 3 is not correct. Till 2018, the commission was also required to discharge similar functions with regard to the other backward classes (OBCs), but by 102nd Amendment Act of 2018, the commission was relieved from this responsibility.

Option (b) is correct 

Explanation:

• Recently, IRDAI has accorded SBI Mutual Fund approval to acquire up to 10% of total paid-up equity share capital of ICICI Lombard General Insurance Company through market purchase.
• Statement 1 is not correct. IRDAI is an autonomous and statutory body established under the IRDA Act 1999.
• It is a 10-member body, consisting of a Chairman, five full-time members, and four part-time members, which are appointed by the Government of India.
• It is the apex body which supervises and regulates the insurance sector in India.
• It works with the objective to protect the interests of policyholders, to regulate, promote and ensure orderly growth of the insurance industry in India.
• Statement 2 is correct. It works under the nodal ministry of the Ministry of Finance.
• Its Head Office is located in Hyderabad.

Option (c) is correct

Explanation:

• Recently, the Reserve Bank of India (RBI) Governor Shaktikanta Das said that the disinflation process in India will be slow and protracted, with the 4% inflation target likely to be met only over the medium term.
• Disinflation is a situation of decrease in the rate of inflation over successive time periods. It is simply the slowing of inflation. 
• Statement 1 is not correct: Deflation is the general decline of the price level of goods and services.
• Deflation is usually associated with a contraction in the supply of money and credit, but prices can also fall due to increased productivity and technological improvements.
• Statement 2 is correct: The term Stagflation was coined by Iain Macleod, a Conservative Party MP in the United Kingdom, in November 1965

Option (a) is correct

Explanation:

• The UN Security Council is the premier global body for maintaining International peace and security.
• The Security Council was established by the UN Charter in 1945. It is one of the six principal organs of the United Nations.
  • The other 5 organs of the United Nations are—the General Assembly (UNGA), the Trusteeship Council, the Economic and Social Council, the International Court of Justice, and the Secretariat.
• Its primary responsibility is to work to maintain international peace and security.
• The UNSC council is headquartered at NewYork.
• Statement 2 is correct: The UN Security Council is composed of 15 members, including 5 permanent member states – China, France, Russian Federation, the United States, and the United Kingdom – and 10 non-permanent member states, which are elected by the United Nations General Assembly (UNGA).
• Statement 1 is not correct: Ten non-permanent members are elected to the UNSC every year for a two-year term.
• The “veto power” is restricted to P5 member states of the UN Security Council. Non-permanent members of the UNSC do not enjoy this privilege.

Option (c) is correct

Explanation:

• India’s and the U.S.’s  National Security Advisers (NSAs) met in New Delhi on Tuesday and discussed regional and global issues of mutual relevance.
• Later, they attended a round table on “Advancing India-U.S. initiative on critical and emerging technologies (iCET)” organised by the Confederation of Indian Industry (CII).
• iCET was launched by the U.S. President and Indian Prime Minister on the sidelines of the Quad summit in May 2022 to elevate and expand Indo-U.S. strategic technology partnership and defense industrial cooperation between the governments, businesses, and academic institutions of the two countries. 
• Under iCET, the two sides have identified six focus areas of co-development and co-production: 
  • Strengthening innovation ecosystems
  • Defence innovation and technology cooperation
  • Resilient semiconductor supply chains
  • Space
  • STEM (science, technology, engineering, and maths) talent
  • Next-generation telecom