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1. Consider the following statements about Financial Action task force (FATF).
  1. It was formed in 1989 with India as one of the founding members.
  2. Its Secretariat is based in Geneva, Switzerland.
  3. The objectives of the FATF are to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system.
Which of the following statements are correct?
2. Which of the following statements is/are correct regarding the Ujjwal Dicom Assurance Yojana (UDAY) scheme?
  1. It was launched in 2015 by the Ministry of New and Renewable Energy
  2. Under this scheme, state governments took over 25 per cent of the debt of their discoms initially, issuing lower-interest bonds to service the rest of the debt
3. Consider the following statements regarding the Mansabdari system in Mughal administration
  1. It was introduced by Mughal emperor Humayun
  2. The mansab or rank was designated by dual representation - one by personal rank (called zat) and the other by cavalry rank (called sawar).
  3. The mansabdars were paid either in cash only.
  4. The emperor was the sole authority that conferred, decreased, increased and resumed the mansab.
Which of the above statements is/are correct?
4. A fall in interest rates is likely to:
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