10th August 2024

Explanation:

• Statement 1 is correct. DTR is indeed located in the Terai belt of Uttar Pradesh, along the Indo-Nepal border.
• Statement 2 is incorrect. While the Ghagra River and its tributaries are crucial to the DTR ecosystem, they do not form its boundaries. The Sharda river flows through the Kishanpur Wildlife Sanctuary within the DTR.
• Statement 3 is correct. Sal forests (Shorea robusta) are the dominant vegetation type in DTR, representing some of the finest examples in India.
• Statement 4 is incorrect. While the Gangetic dolphin is an endangered species found in the Ghagra river system, it is not specifically mentioned as being present within the DTR itself.

Explanation:

• Statement 1 is correct. CTS replaces the physical movement of cheques with electronic image transmission, enabling faster clearance.
• Statement 2 is correct. CTS mandates compliance with CTS-2010 standards for cheque processing, ensuring uniformity and security.
• Statement 3 is correct. While CTS offers benefits like faster clearance and cost savings, a core objective is to enhance security by reducing the risk of cheque fraud and theft associated with physical cheque handling.
• Statement 4 is incorrect. CTS implementation leads to cost savings for banks by reducing the expenses associated with physical cheque handling and transportation.

Explanation:

• Statement 1 is correct. The transaction limit for tax payments through UPI has been raised from ₹1 lakh to ₹5 lakh.
• Statement 2 is correct. The RBI is indeed establishing a public repository of digital lending apps to enhance transparency and protect consumers.
• Statement 3 is incorrect. It was the Economic Survey that suggested excluding food prices from headline inflation, not the RBI. The RBI Governor explicitly disagreed with this suggestion.

Explanation:

• Statement 1 is correct. The article clearly mentions that the IHR is spread across 13 Indian States/Union Territories.
• Statement 2 is correct. The article highlights that the reliance on planning models unsuitable for the Himalayan terrain leads to civic management challenges.
• Statement 3 is correct. The article points out that city governments are understaffed, operating at just 25% of their required capacity.
• Statement 4 is incorrect. The article states that the current intergovernmental transfers to urban local bodies account for only 0.5% of GDP, and there's a recommendation to increase it to at least 1%.