Q1. With reference to Repo rate, consider the following statements:

1. It is the rate at which the Reserve Bank of India (RBI) lends money to commercial banks in the event of any shortfall of funds.
2. An increase in the Repo rate tends to reduce the rate of inflation in the economy.

Which of the statements given above is/are correct?

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Q2. Consider the following statements about National Industrial Corridor Development & Implementation Trust (NICDIT):

1. It is the implementing agency of the National Industrial Corridor Programme.
2. It functions under the Ministry of Road Transport and Highways.

Which of the above statements is/are correct?

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Q3. Consider the following statements with reference to edible and palm oil production in India:

1. India imports more than half of its consumption of edible oils.
2. India is the largest producer of palm oil in the world.
3. The palm oil tree is native to Southeast Asia.

How many of the above statements are correct?

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Q4. Recently, the Union Government set up the Ministry of Cooperation with the vision of

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Q5. Which one of the following groups of countries are members of QUAD?

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