Solution: c
● How does a relaxation of the FRBM work?
● The law does contain what is commonly referred to as an ‘escape clause’. Under Section 4(2) of the Act, the Centre can exceed the annual fiscal deficit target citing grounds that include national security, war, national calamity, collapse of agriculture, structural reforms and decline in real output growth of a quarter by at least three percentage points below the average of the previous four quarters.

Solution: a
● Capital is the generated means of production, also known as produced wealth, which allows for the creation of new money in the economy, both directly and indirectly. Capital formation entails the construction of tangible and intangible assets, such as public health efficiency and visible and invisible capital. The increase of a country’s capital stock inside its domestic territory over the course of a year is known as gross domestic capital formation.
● All household, company, and government expenditures that add new durable items to a country’s fixed capital stock are included in gross domestic capital formation.

Solution: b
External debt can be mainly classified into Long term and Short-term debts. Long-Term debt is further classified into
(a) Multilateral Debt
(b) Bilateral Debt
(c) ‘IMF’ signifying SDR allocations to India by the IMF
(c) Export Credit
(d) (External) Commercial Borrowings
(e) NRI Deposits and
(d) Rupee Debt.
Short Term Debt is classified into
(a) Trade Credits (of up to 6 months and above 6 months and up to 1 year) (b) Foreign Institutional Investors’ (FII) Investment in Government Treasury-Bills and Corporate Securities
(c) Investment in Treasury-bills by foreign Central Banks and International Institutions etc. and
External Debt liabilities of the Central Bank and Commercial Banks. FDI does not lead to any debt on the country.

Solution: c
● Statement 1 and 3 are correct
● Statement 2 is incorrect: The portal has been launched by Ministry of Rural Development
● It will house assets (geotags) developed by MGNREGA, Per Drop More Crop Programs, Integrated Watershed Management Programs, and Rashtriya Krishi Vikas Yojana, as well as field images.
● The analytical tool will incorporate a wide range of thematic layers, as well as multi-temporal high-resolution earth observation data.
● Planners will be able to use online tools to analyze existing assets under various plans and to identify future works. Following that, authorized authorities within State Departments will examine the plans that have been prepared.
Bhuvan Portal
● It is a sort of online portal that allows users to search for and access geographic data (geospatial data) and related geographic services (display, modification, analysis, and so on) through the Internet.
● It depicts the country’s genuine borders based on information provided by the Indian government.
● Users may better secure their privacy by utilising MapmyIndia maps and apps instead of foreign map programmes.
● It is in line with the government’s Atmanirbhar Bharat Mission.

Solution: d
● Statement 1 is incorrect: It is a six-day training programme that aims to create awareness around cyber security and develop an empowered and strong cyber ecosystem in Government organizations in India
● Statement 2 is incorrect: Launched by: National e-Governance Division, Ministry of Electronics and IT under the Cyber Surakshit Bharat initiative.

• which is being organised for Chief Information Security officers (CISO) along with Technical Heads, Departments & organisations from central & state governments, front-line IT staff representing different Ministries, Bank organisations and PSUs.

● Programme started on October 25 and will conclude on October 30, 2021. Timing of the programme coincide with the National Cyber Security Awareness Month celebrations