3rd February 2026

Consider the following statements regarding the ‘Biopharma SHAKTI’ initiative:

1. It aims to make India a global manufacturing hub for biologics and biosimilars.
2. It proposes to establish three new National Institutes of Pharmaceutical Education and Research (NIPERs).
3. It seeks to address India’s growing burden of communicable diseases through advanced biomanufacturing.
4. A key component is the creation of an India Clinical Trials network.

Which of the statements given above are correct?

 Consider the following statements regarding the ‘Mahatma Gandhi Gram Swaraj Initiative (MGGSI)’ announced in the Union Budget 2026-27:

1. It primarily focuses on strengthening the khadi, handloom, and handicrafts sectors.
2. One of its key objectives is to improve global market access and branding for traditional craft products.
3. The initiative is exclusively targeted at beneficiaries of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA).
4. It aims to address challenges such as fragmented supply chains and limited market connectivity for artisans.

Which of the statements given above are correct?

Consider the following statements regarding the proposed ‘SHE (Self-help Entrepreneur) Marts’:

1. They are planned as community-owned retail outlets to be set up within cluster-level federations.
2. Their primary objective is to provide women entrepreneurs with better market access and branding opportunities.
3. They are designed to replace the existing micro-credit-led livelihood models entirely.
4. They will be backed by enhanced and innovative financing instruments.

How many of the statements given above are correct?

 Which of the following statements is/are correct?

1. An anti-dumping duty (ADD) is a customs duty on imports to counter substantially lower prices charged by exporting firms.
2. Countervailing duty is a customs duty on goods to counter government subsidies in the originating or exporting country.

Select the correct codes from below:

 Consider the following statements regarding the Securities Transaction Tax (STT) in India:

1. It was introduced to replace the system of taxing profits from the stock market under capital gains, which was prone to evasion.
2. It is administered by the Central Board of Indirect Taxes and Customs (CBIC).
3. It is applicable to transactions in equity-oriented mutual funds and Exchange-Traded Funds (ETFs).
4. The tax is automatically deducted by the stockbroker and then remitted to the stock exchange.

Which of the statements given above are correct?