Q1. The Governor can reserve for the consideration of the President any Bill passed by the State legislature and presented to him for assent. With reference to this, consider the following statements:

1. He/she can reserve any bill which is Ultra-vires, that is, against the provisions of the Constitution.
2. There is no time frame fixed in the Constitution for any of the functions related to reserving bills for President.

Which of the statements given above is/are correct?

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Q2. With respect to International Monetary Fund's (IMF's) Lending Instruments, consider the following statements:

1. There is no provision of zero interest loans to IMF member countries.
2. Rapid Credit Facility (RCF) for low-income countries provide rapid assistance to countries with urgent balance of payments (BoP) need.

Which of the statements given above is/are correct?

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Q3. With reference to the Letter of Comfort (LoC), consider the following statements:

1. It is a letter issued to a lending institution by a stakeholder of the company acknowledging the support of the attempt for financing asked by that company. 
2. It implies that the parent company guarantees repayment of the loan being sought by the subsidiary company. 

Which of the statements given above is/are correct?

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Q4. With reference to the Extended Producer Responsibility (EPR) in India, consider the following statements:

1. The Solid Waste Management Rules, 2016 introduced the concept of Extended Producer Responsibility (EPR) for the first time in India.
2. EPR responsibility Certificate is authorized by the Central Pollution Control Board and is mandatory for Producers/Importers of the Electronic products.

Which of the statements given above is/are correct?

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Q5. Consider the following statements regarding the Official Language:

1. Until the Parliament provides otherwise, all proceedings in the Supreme Court and in every High Court shall be in the language identified by the state.
2. The Official Languages Act of 1963 lays down that Hindi translation of acts, ordinances, orders, regulations, and bye-laws published under the authority of the President are deemed to be authoritative texts.

Which of the statements given above is/are correct?

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