Q1. Which of the following statements is/are correct regarding Defence Acquisition Council?

1. It takes decisions regarding 'offset' provisions in respect of acquisition proposals.
2. It suggests a strategy to boost defence exports.
3. It is tasked with responsibility to prepare a roadmap to build defence manufacturing ecosystems in the country
4. It takes decisions on categorization of the acquisition proposals relating to 'Buy', 'Buy & Make' and 'Make’. 
5. It is headed by the Defence Minister and includes Chief of Defence Staff among other members.

Select the correct answer using the code given below:

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Q2. Barda Wildlife Sanctuary, recently mentioned in the news, is located in:

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Q3. With reference to the Negotiable Warehouse Receipts (NWRs), consider the following statements:

1. They can avoid distress sale of agricultural produce by the farmers in the peak marketing season.
2. They are not eligible as collateral for loans.
3. The National Bank for Agriculture and Rural Development (NABARD) is the regulator for NWRs.

Which of the statements given above is/are correct?

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Q4. Consider the following statements about the International Financial Services Centre (IFSC):

1. Gujarat International Finance Tech (GIFT) city is India’s first IFSC.
2. IFSC is established under the Special Economic Zone Act, 2005.

Which of the statements given above is/are correct?

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Q5. Consider the following statements with reference to National Social Assistance Programme (NSAP):

1. It is a Central Sector Scheme under the Ministry of Finance.
2. It aims to provide financial assistance to the elderly, widows and persons with disabilities in the form of social pensions.

Which of the statements given above is/are not correct?

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