Officers IAS Academy - Study Group
15.1K subscribers
3.06K photos
58 videos
352 files
2.45K links
Officers IAS Academy’s official Telegram group
Download Telegram
With reference to the Monetary Policy Committee (MPC), consider the following statements:
1. It is a statutory body established under the RBI Act, 1934.
2. It was constituted based on the recommendations of the Urjit Patel Committee
Please open Telegram to view this post
VIEW IN TELEGRAM
Answer: (C)
The Monetary Policy Committee (MPC) is a statutory body of the Reserve Bank of India that is responsible for deciding the country’s monetary policy, especially the policy interest rate (repo rate) to control inflation. The Monetary Policy Committee (MPC) is a statutory body. It was given legal backing through an amendment to the Reserve Bank of India (RBI) Act, 1934, specifically under
Section 45ZB. This amendment was made by the Finance Act, 2016, to provide a legislative framework for the Flexible Inflation Targeting (FIT) regime. Hence, statement 1 is correct.
The shift from a single-person decision-making process (where the RBI Governor had the final word) to a committee-based approach was a key recommendation of the Urjit Patel Committee (the Expert Committee to Revise and Strengthen the Monetary Policy Framework), which submitted its report in 2014. Hence, statement 2 is correct.
Therefore, option C is the correct answer.
With reference to Fugitive Economic Offender (FEO), consider the following statements
1. The total value involved in the offence is ₹100 crore or more.
2. Applications to declare someone an FEO are filed by the Director of the Central
Bureau of Investigation
Please open Telegram to view this post
VIEW IN TELEGRAM
Answer: (A)
To be declared a Fugitive Economic Offender (FEO) under the Fugitive Economic Offenders Act, 2018, the individual must be involved in a scheduled offence where the total value is ₹100 crore or more. This high threshold was established to ensure that the law targets high-value economic criminals and "big-ticket" fraudsters who have a significant impact on the Indian economy. Hence statement 1 is correct.
The application to declare an individual as an FEO is filed by the Director of the Enforcement Directorate (ED), not the CBI. While the CBI may investigate the underlying criminal case (such as bank fraud), the specific legal process of declaring someone a "Fugitive Economic Offender" and seeking the confiscation of their properties falls under the jurisdiction of the ED. This application is submitted to a Special Court designated under the Prevention of Money Laundering Act (PMLA), 2002. Hence statement 2 is Incorrect.
Therefore, Option A is the correct answer.
You’ve studied. Revised. Revisited the same notes again and again.

UPSC doesn’t reward effort.
It rewards precision under pressure.

This is where you find out if you’re actually ready.

UPSC Free All India Mock Test
GS + CSAT | Offline & Online

April 26 | May 3 | May 10

GS: 9:30–11:30 AM | CSAT: 2:30–4:30 PM

Register Now : https://forms.gle/B98Patr1j6mPnn7g6

Real exam feel. Real competition. Real evaluation.

Stop guessing your level. Measure it.

For Further Details, Contact : 9363730226
Consider the following statements about the International Atomic Energy Agency (IAEA):
1. It was established to promote the peaceful use of nuclear energy.
2. All countries joining the IAEA must sign the Nuclear Non-Proliferation Treaty.
3. It is a specialized agency under the United Nations.
Please open Telegram to view this post
VIEW IN TELEGRAM
Answer: (C)
The IAEA was established in 1957 in response to the deep-seated fears and expectations generated by the discoveries and diverse uses of nuclear technology. Its dual objective is to promote the peaceful applications of nuclear energy and to ensure that nuclear energy is not used for any military purpose, including nuclear weapons. Hence, statement 1 is correct.
Membership in the IAEA is not contingent upon signing the Nuclear Non-Proliferation Treaty (NPT). Several countries that are members of the IAEA (such as India, Pakistan, and Israel) have not signed the NPT. While the IAEA administers "safeguards" required by the NPT, the two are distinct legal frameworks. Hence, statement 2 is incorrect.
While the IAEA is an independent international organization that reports to both the UN General Assembly and the Security Council, it is widely categorized as a specialized agency within the broader United Nations System due to its relationship agreement with the UN. Hence, statement 3 is correct.
Therefore, option C is the correct answer.
Consider the following statements about Telecom Regulatory Authority of India:
1. TRAI provides recommendations on spectrum allocation and telecom policy to the
government.
2. TRAI has the power to issue licenses to telecom service providers.
Please open Telegram to view this post
VIEW IN TELEGRAM
Answer: (A)
Telecom Regulatory Authority of India is a regulatory body that mainly advises and regulates the telecom sector in India. It provides recommendations to the Government of India on important policy matters such as spectrum allocation, pricing, and overall telecom policy framework. These recommendations help the government make decisions but are not binding. Hence statement 1 is correct.
TRAI does not have the authority to issue telecom licenses to service providers. The power to grant licenses lies with the Department of Telecommunications (DoT) under the Ministry of Communications. Hence statement 2 is incorrect.
Therefore, option A is the correct answer.
Consider the following statements regarding the Border Security Force (BSF):
1. It is under the Ministry of Home Affairs.
2. It protects the international borders with China, Pakistan and Bangladesh.
Please open Telegram to view this post
VIEW IN TELEGRAM
Answer: (B)
The Border Security Force is India’s primary border guarding force responsible for securing the country’s international borders during peace time.
It was established in 1965, in the aftermath of the Indo-Pak war, to ensure better coordination and security along sensitive borders.
It functions under the administrative control of the Ministry of Home Affairs.
Hence, statement 1 is correct.
The BSF is primarily responsible for guarding India's borders with Pakistan and Bangladesh.
The border with China is guarded by the Indo-Tibetan Border Police (ITBP).
Hence, statement 2 is incorrect.
Therefore, option B is the correct answer.
With reference to the Himalayan rivers joining the Yamuna River downstream of Delhi from
north to south, which one of the following sequences is correct?
Anonymous Poll
40%
Hindon – Chambal – Sind – Betwa
26%
Chambal – Hindon – Betwa – Sind
14%
Hindon – Betwa – Chambal – Sind
20%
Chambal – Sind – Hindon – Betwa
Answer: (A)
The rivers joining the Yamuna downstream of Delhi from north to south are:
1. Hindon – Joins the Yamuna near Noida/Ghaziabad region, closest to Delhi.
2. Chambal – Joins the Yamuna near Etawah (Uttar Pradesh).
3. Sind – A tributary of the Yamuna joining further downstream in the Chambal-Yamuna
system.
4. Betwa – Joins the Yamuna near Hamirpur (Uttar Pradesh), further south-east.
Therefore, option A is the correct answer.
Consider the following:
1. Deendayal Port
2. Kamarajar Port
3. Jawaharlal Nehru Port
4. Syama Prasad Mookerjee Port
Please open Telegram to view this post
VIEW IN TELEGRAM
Answer: (D)
India has 13 Major Ports (including Vadhavan Port under construction), which are administered by the Ministry of Ports, Shipping and Waterways and handle the bulk of India’s international trade.
All the ports mentioned in the question belong to this official list: Deendayal Port → Major port located on the west coast; earlier known as Kandla Port. Kamarajar Port → India’s first corporatised major port near Chennai.
Jawaharlal Nehru Port → India’s largest container-handling major port.
Syama Prasad Mookerjee Port → India’s oldest major port and the only major riverine port.
Therefore, option D is the correct answer.