Solution: d
Bond yield is the rate of return an investor receives on a bond or other government securities.
The Reserve Bank of India’s monetary policy, particularly the direction of interest rates, the government’s budgetary situation and borrowing programme, global markets, the economy, and inflation are all key influences on the yield.

Solution: b
● While counter-cyclical fiscal policy is necessary to smooth out economic cycles, it becomes critical during an economic crisis.
● Relevance of Counter-cyclical Fiscal Policy: Indian Kings used to build palaces during famines and droughts to provide employment and improve the economic fortunes of the private sector.
● Economic theory, in effect, makes the same recommendation: in a recessionary year, Government must spend more than during expansionary times. Such counter-cyclical fiscal policy stabilizes the business cycle by being contractionary (reduce spending/increase taxes) in good times and expansionary (increase spending/reduce taxes) in bad times.
● On the other hand, a pro-cyclical fiscal policy is the one wherein fiscal policy reinforces the business cycle by being expansionary during good times and contractionary during recessions.

Solution: d
● To expedite the Covid -19 immunisation push, the Centre has started a massive vaccination campaign called ‘Har Ghar Dastak.’
● The month-long door-to-door immunisation campaign will be targeted at achieving complete vaccination in low-performing regions.

Solution: a
● Statement 1 is correct
● Statement 2 is incorrect: National Cooperative Development Corporation (NCDC) under the Ministry of Cooperation.
● The initiative was started with a Rs 5000 crore investment budget. To accomplish the aim of “from collaboration to prosperity,” it will be executed by NCDC under the Ministry of Cooperation. NCDC will provide financial assistance to qualified cooperatives for milk procurement, bovine growth, quality assurance, branding, packing, transportation, storage, and export of milk and milk products.

Solution: d
Mihir Shah committee was formulated to draft a new National Water policy (NWP) ● Set up by the Ministry of Water Resources ● It has recommended setting up a National Water Commission Proposed NWC:
● The commission report recommended that NWC be headed by a chief national water commissioner and should have full time commissioners representing hydrology, hydrogeology, hydrometeorology, river ecology, ecological economics, agronomy (with focus on soil and water) and participatory resource planning and management.
● It will be an autonomous body & will have a countrywide base and mandate, and greater human-power.
● It will subsume the Central Water Commission & the Central Ground Water Board.
● The commission aims at reducing inter-state water disputes, bringing greater efficiency, better planning and increased emphasis on conservation of water.
● It also ensures that all water resources in the country are managed in a holistic manner and not separately as surface water, groundwater or river water Other recommendations made by the committee:
● Urgent overhaul of the current water management systems.
● Change in both surface and groundwater management policies to face new national challenges.
● Restructuring of Central Water Commission and Central Ground Water Board.