Daily Current Quiz for upsc : 3 oct 2024

Consider the following statements regarding India’s Ballistic Missile Defence (BMD) Program:

1. The BMD system is a two-tiered system that provides protection against incoming missiles during both the exo-atmospheric and endo-atmospheric phases.
2. The program is jointly developed by the Defence Research and Development Organisation (DRDO) and the Indian Space Research Organisation (ISRO).
3. The BMD program is capable of intercepting intercontinental ballistic missiles (ICBMs) with ranges exceeding 5,500 km.

Consider the following statements regarding the PM E-DRIVE Scheme:

1. The scheme offers subsidies for the purchase of electric vehicles, particularly two-wheelers and three-wheelers.
2. It aims to promote the domestic manufacturing of electric vehicle batteries under the Make-in-India initiative.
3. The scheme offers tax rebates under Section 80C of the Income Tax Act for buyers of electric vehicles.

Which of the above statements is/are correct?

Which of the following statements about the Rapid Financing Instrument (RFI) is/are true?

1. The RFI is designed for countries facing urgent balance of payments needs.
2. The RFI requires countries to implement a comprehensive economic reform program.
3. The RFI is available to all IMF member countries regardless of their income level.