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

Solution:c
● Statement c is correct: NITI Aayog is the nodal Ministry for the National Multidimensional Poverty Index (MPI)
● The MPI seeks to measure poverty across its multiple dimensions and in effect complements existing poverty statistics based on per capita consumption expenditure.
● According to Global MPI 2021, India’s rank is 66 out of 109 countries. The National MPI is aimed at deconstructing the Global MPI and creating a globally aligned and yet customized India MPI for drawing up comprehensive Reform Action Plans with the larger goal of improving India’s position in the Global MPI rankings.
● It has three equally weighted dimensions – health, education, and standard of living. These three dimensions are represented by 12 indicators such as nutrition, school attendance, years of schooling, drinking water, sanitation, housing, bank accounts among others.

Solution: a
● Since India has partial capital account convertibility, this implies that private foreign denominated debt also needs to be met by either private export earnings or India’s forex reserves.
● There is no correlation between capital account convertibility and sovereign credit rating.

Solution: d
Within its sovereign credit ratings cohort – countries rated between A+/A1 and BBB-/Baa3 for S&P/ Moody’s – India is a clear outlier on several parameters, i.e. a sovereign whose rating is significantly lower than mandated by the effect on the sovereign rating of the parameter.
These include
• GDP growth rate,
• inflation,
• general government debt (as per cent of GDP),
• cyclically adjusted primary balance (as per cent of potential GDP),
• current account balance (as per cent of GDP),
• political stability,
• rule of law,
• control of corruption,
• investor protection,
• ease of doing business,
• short-term external debt (as per cent of reserves),
• reserve adequacy ratio and
• sovereign default history.

Solution: d
● India remains the largest recipient of foreign remittances, not Foreign Direct Investment.
● Foreign remittances constitute around 3.17 percent of India’s GDP.