19th July 2024

Explanation:

Statement 1 is correct as the SOP mentions a mock poll of up to 1400 votes.

Statement 2 is correct as candidates are allowed to select the machines for verification.

Statement 3 is incorrect as verification begins only after confirmation from High Courts that no Election Petitions are pending.

Explanation - It is a regional development bank established on 22 August 1966 and is headquartered in Manila (Philippines). The bank admits the members of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), formerly known as the United Nations Economic Commission for Asia and the Far East) and non-regional developed countries. Japan holds the largest proportions of shares at 15.67%. The United States holds 15.56%, China holds 6.47%, India holds 6.36%, and Australia holds 5.81%.

Explanation -

 The 100 Days Mission's ambitious goal is to significantly shorten the time it takes to develop a vaccine from the identification of a new threat to its availability for distribution.

Explanation:

Statement 1 is incorrect: NCGTC was set up by the Ministry of Finance, not the RBI.

Statement 2 is correct: The primary role of NCGTC under ECLGS is to provide guarantees to lending institutions, ensuring that they are covered in case of loan defaults.

Statement 3 is correct: NCGTC also monitors the implementation of the scheme to ensure its effectiveness.

Explanation:

Statement 1 is incorrect. SEBI's statutory powers are derived from the SEBI Act, 1992, not the Securities Contracts (Regulation) Act, 1956.

Statement 2 is correct. SEBI does have quasi-judicial powers.

Statement 3 is correct. Formulating rules on insider trading and disclosures falls under SEBI's quasi-legislative powers.

Statement 4 is incorrect. Commodity derivatives markets are regulated by the Securities and Exchange Board of India (SEBI) and the Forward Markets Commission (FMC).