chandigarh branch
delhi branch

17th December 2024

Raj malhotra

17th December 2024

1 / 5

Consider the following statements about the 'Jalvahak' scheme:
1. It provides up to 35% reimbursement on operating costs for cargo transport via waterways.
2. The scheme is applicable only for distances exceeding 500 km.
3. It is implemented jointly by the Inland Waterways Authority of India and Inland & Coastal Shipping Ltd.
4. The scheme promotes cargo movement on National Waterways 1, 2, and 16.
Which of the statements given above are correct?

2 / 5

Consider the following statements regarding the Most-Favoured-Nation (MFN) clause and its application in international trade:
1. The MFN clause is a founding principle of the World Trade Organization (WTO) that mandates equal treatment among trading partners.
2. Countries are allowed to discriminate against imports from outside trade blocs like the European Union without violating MFN provisions.
3. There is a formal procedure for suspending MFN treatment, and members must notify the WTO when doing so.
4. WTO members can impose any trade measures they want on non-WTO member countries without violating MFN principles.
Which of the statements given above are correct?

3 / 5

Consider the following statements regarding Arctic sea ice:
1. The Arctic Ocean could experience its first ice-free day by 2030 or earlier.
2. Arctic sea ice extent has been decreasing by 12.6% per decade over the last 40 years.
3. The Arctic Circle is defined by the 66° 33'N latitude based on solar radiation.
4. The North Pole experiences six months of constant daylight followed by six months of darkness.
Which of the statements given above are correct?

4 / 5

With reference to manganese, consider the following statements —
1. Manganese is primarily used in its pure metal form due to its high malleability.
2. Pyrolusite and rhodochrosite are the most common minerals containing manganese.
3. Manganese is essential for plant growth and plays a role in the assimilation of nitrates in plants and algae.
Which of the statements given above is/are correct?

5 / 5

With reference to the Directorate of Revenue Intelligence (DRI), consider the following statements:
1. It was constituted in 1957 as the apex anti-smuggling intelligence and investigation agency.
2. DRI operates under the Ministry of Home Affairs, Government of India.
3. It is responsible for enforcing the provisions of the Customs Act, 1962, and over fifty other allied Acts.
4. DRI has no role in combating commercial frauds related to international trade and evasion of customs duty.
Which of the statements given above are correct?

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