Ans: B

Exp:

Digital Arrest cyber fraud is causing widespread terror in India

• • Digital Arrest is a new form of Cyber Threats.

• The impostors impersonating law enforcement officers deceive the victims into believing that their bank account, SIM card, Aadhaar card, or bank card has been used unlawfully. 

• They coerce victims into paying them money. 
• Digital Arrest involves the virtual restraint of individuals. These suspensions can vary from restricted access to the account(s), and digital platforms, to implementing measures to prevent further digital activities or being restrained on video calling or being monitored through video calling.

Ans: A

Exp:

• The protocol for establishment of Joint Economic and Trade Committee (JETCO) between India and Dominican Republic was signed at the Ministry of Foreign Affairs (MIREX) of Dominican Republic at Santo Domingo recently.
• The agreement, signed in the 25 years of establishment of diplomatic relations between the two countries, is an important step to elevate the existing economic and commercial relations further.
• The Dominican Republic is located in the Caribbean, shares its borders with only one nation: Haiti.
•  Additionally, it has maritime borders with several other countries and territories:

• Colombia
• Venezuela
• Aruba (Netherlands)
• Curaçao (Netherlands)
• Puerto Rico (United States)
• Turks and Caicos Islands (United Kingdom)

Ans: B

Exp:

Both Statement-I and Statement-II are correct and Statement-II is not the correct

explanation for Statement-I

• Recent research indicates that the AMOC has been weakening over the past century.

• The Atlantic Meridional Overturning Circulation (AMOC) is a system of ocean currents that circulates water within the Atlantic Ocean, bringing warm water north and cold water south.

• • “Meridional” means a North-South orientation; “overturning” means there’s a vertical component, where water on the surface of the ocean sinks to the deep reaches; and “circulation” means the flow of liquid.
  • AMOC  is a component of Earth’s oceanic circulation system and plays an important role in the climate system.

•  If the strength of the AMOC changes this could have impacts on some elements of the climate system

Ans: B

Exp:

Statement 1 is incorrect: Electric Mobility Promotion Scheme 2024 (EMPS 2024) scheme is being introduced by the Ministry of Heavy Industries, Government of India with the approval of the Department of Expenditure, Ministry of Finance to further accelerate the adoption of EVs in the country. 

Statement 2 is correct: EMPS 2024 is a fund-limited scheme for four months, from April 1, 2024, till July 31, 2024 with a total outlay of Rs. 500 crore.

•  In a fund-limited scheme, the cost is usually restricted to the approved amount.

Statement 3 is correct: The Scheme aims for faster adoption of electric two-wheeler (e-2W) and three-wheeler (e-3W) to provide further impetus to the green mobility and development of electric vehicle (EV) manufacturing ecosystem in the country. 

• Under EMPS 2024, electric two-wheelers and three-wheelers, including registered electric rickshaws and electric carts, and L5 (e-3W) models, will be eligible for subsidies or demand incentives.

Ans: C

Exp:

According to the Chairperson, Securities & Exchange Board of India (SEBI), Real Estate Investment Trusts (REITs), INVITs and Muni (Municipal) bonds have emerged as high growth areas for investment.

Pair 1 is correctly matched: REITs are pooled vehicles that invest in real estate. 

• They allow investors to invest in real estate without directly owning properties.
• Investors receive dividends from rental income and capital appreciation.
• REITs are traded on stock exchanges, providing liquidity.
• Risks include market fluctuations, interest rate changes, and property-specific risks.

Pair 2 is correctly matched:  The risk level of the Muni Bond varies based on the financial health of the bond issuing municipality.

• Municipal Bonds/Muni Bonds are issued by local governments (municipalities) or their agencies.
• Municipal bonds are often used to finance public infrastructure projects, schools, hospitals, and other community needs.

Pair 3 is correctly matched: Infrastructure Investment Trusts or InvITs are like mutual funds that pool money from investors that own and operate operational infrastructure assets like highways, roads, pipelines, warehouses, power plants, etc. 

• They offer regular income (via dividends) and long-term capital appreciation.