Option (b) is correct

Explanation:

• Index of Eight Core Industries (ICI)  measures combined and individual performance of production of eight core industries viz. Coal, Crude Oil, Natural Gas, Refinery Products, Fertilisers, Steel, Cement and Electricity. 
• Statement 1 is correct: The combined Index of Eight Core Industries (ICI) increased by 4.3 per cent (provisional) in May 2023 as compared to the Index of May 2022
• Statement 2 is  correct: The Eight Core Industries comprise 40.27 percent of the weight of items included in the Index of Industrial Production (IIP). 
• IIP is an indicator that measures the changes in the volume of production of industrial products during a given period.
• It is published by the Ministry of Statistics and Programme Implementation.

Option (d) is correct

Explanation:

• Statement 1 is correct: Greedflation means corporate greed is fuelling inflation. In other words, instead of the wage-price spiral, it is the profit-price spiral that is responsible for inflation.
• It is the situation in which prices are going up not because workers are getting higher wages but because their masters — the companies — are making more profit.
• Greedflation happens when a crisis like pandemic or disaster turns into an opportunity for businesses to make what are called supernormal profits. 
• Statement 2 is correct: Stagflation means a situation characterised by simultaneous increase in prices and stagnation of economic growth.
  • The term Stagflation was coined by Iain Macleod in the United Kingdom in 1965.

Option (d) is correct

Explanation:

• The UNGA President said that the first segment of UN Intergovernmental Negotiations framework meetings are webcast from now onwards.
• Intergovernmental Negotiations Framework (IGN)  is a group of nation-states working within the United Nations to further reform of the United Nations Security Council (UNSC).
• Composition: The IGN is composed of several different international organisations:
  1. African Union
  2. G4 nations (India, Brazil, Japan and Germany)
  3. Uniting for Consensus Group
  4. L69 Group of Developing Countries
  5. Arab League
  6. Caribbean Community (CARICOM)

Option (c) is correct

Explanation:

• Statement 1 is correct: Senegal has become the fourth country after South Africa, Indonesia and Vietnam to sign the JET-P deal.
• Statement 2 is correct:It was launched in 2021 at the UNFCCC COP26 held at Glasgow, UK.
• It aims to bridge the gap between developed and developing nations in moving towards clean energy.
• Financing Mechanism: In a Partnership, wealthier nations fund a coal-dependent developing nation to support the country’s own path to phase-out coal and transition towards clean energy while addressing the social consequences.

Option (a) is correct

Explanation:

• Recently, the International Monetary Fund (IMF) issued a statement on the use of cryptocurrency in the Latin America and Caribbean market, and about the rising interest in blockchain-based central bank digital currencies (CBDCs)
• A cryptocurrency is a digital or virtual currency that uses cryptography for security.
• Statement 1 is not correct: Cryptocurrency is a decentralised currency, meaning it is not controlled by any government or institution. For example: Bitcoin, Ethereum, and Litecoin.
• Statement 2 is correct: Transactions with cryptocurrency are recorded on a public digital ledger called blockchain.

Option (a) is correct

Explanation:

• Recently, a greater Racket-Tailed Drongo bird was spotted in the Hastinapur Wildlife Sanctuary, Uttar Pradesh.
• The Bird is known for its loud musical whistling sound.