(b) Only two
Under the Liberalised Remittance Scheme, all resident individuals, including minors, are allowed to freely remit up to USD 2, 50,000 per financial year (April – March) for any permissible current or capital account transaction or a combination of both. (Statement 1 is correct and statement 3 incorrect)
The resident individuals can avail of foreign exchange facility for the purposes mentioned in Para 1 of Schedule III of FEM (CAT) Amendment Rules 2015, dated May 26, 2015, within the limit of USD 2,50,000 only.
The Scheme was introduced on February 4, 2004, with a limit of USD 25,000. The LRS limit has been revised in stages consistent with prevailing macro and micro economic conditions. If the remitter is a minor, the LRS declaration form must be countersigned by the minor’s natural guardian.
The Scheme is not available to corporates, partnership firms, HUF, Trusts, etc. (Statement 4 is correct)
The following are exempt from the scheme’s remittance facility:
(i) Remittance for any purpose specifically prohibited under Schedule-I (like the purchase of lottery tickets/sweep stakes, proscribed magazines, etc.) or any item restricted under Schedule II of Foreign Exchange Management (Current Account Transactions) Rules, 2000.
(ii) Remittance from India for margins or margin calls to overseas exchanges / overseas counterparty.
(iii) Remittances for the purchase of FCCBs issued by Indian companies in the overseas secondary market.
(iv) Remittance for trading in foreign exchange abroad. (Statement 2 incorrect)
(v) Capital account remittances, directly or indirectly, to countries identified by the Financial Action Task Force (FATF) as “non-cooperative countries and territories”, from time to time.
(vi) Remittances directly or indirectly to those individuals and entities identified as posing a significant risk of committing acts of terrorism as advised separately by the Reserve Bank to the banks.
(vii) Gifting by a resident to another resident, in foreign currency, for the credit of the latter’s foreign currency account held abroad under LRS.

(b) Only two
Four Holy Relics of Lord Buddha are being taken from India to Mongolia for an 11-day exposition to coincide with Mongolian Buddha Purnima celebrations.
1. These relics are to be displayed at the Batsagaan Temple in Gandan Monastery complex in Ulaanbaatar.
2. The four relics come from among 22 Buddha relics, currently housed at Delhi’s National Museum. Together, they are known as the ‘Kapilvastu Relics’ since they are from a site in Bihar believed to be the ancient city of Kapilvastu. The site was discovered in 1898.
Relics are sacred objects associated with holy individuals. It may include body parts (teeth, hair, bones) or objects which the holy person used or touched. Many traditions believe relics have special powers to heal, grant favours, or to keep away demons.
At the age of 80, according to Buddhist beliefs, Buddha attained salvation in Uttar Pradesh’s Kushinagar district.
• The Mallas of Kushinagar cremated his body with ceremonies befitting a universal king.
• His relics from the funeral pyre were collected and divided into eight shares to be distributed among the Ajathsatrus of Magadha, the Licchavis of Vaishali, the Sakyas of Kapilavastu, Mallas of Kushinagar, Bullies of Allakappa, the Mallas of Pava, the Koliyas of Ramagrama and a Brahmana of Vethadipa.
• The purpose was to erect stupas over the sacred relics.
The relics are part of 22 Buddha relics, which are considered to be rare antiquities and art treasures. They were discovered in 1898 by British colonial engineer and estate manager William Claxton Peppé at the site of an inscribed casket in Piprahwa, Uttar Pradesh. Piprahwa is located in the Siddharthnagar District, which was once part of the ancient city of Kapilavastu. (Statement 2 is incorrect)

(c) Only three
The selection committee of the Prime Minister, Union Home Minister Amit Shah and Leader of the Congress in the Lok Sabha, Adhir Ranjan Chowdhury is likely to meet to discuss the replacement of Election Commissioner Anup Chandra Pandey. This would be the first appointment of an Election Commissioner as per the Chief Election Commissioner and Other Election Commissioners (Appointment, Conditions of Service and Term of Office) Act, 2023 that was passed by Parliament in December.
The Act sets out the procedure for appointment of the CEC and ECs for the first time. So far, all members of the ECI have been appointed by the President on the advice of the government.

(c) Both 1 and 2
These guidelines are applicable for those feature films that are certified by the Central Board of Film Certification (CBFC) for public exhibition in cinema halls/movie theatres for commercial purposes.
The proposal quotes Sections 29 and 42 of the Rights of Persons with Disabilities Act, 2016, which mandate the government to take measures to promote universal access in the information and communication sector, including access to films for persons with hearing and visual disabilities. (Statement 1 is correct)
As per the Census 2011, 2.21% of the total population in India has been marked as ‘disabled’, of which 19 percent are with disability in seeing, and another 19 percent are with disability in hearing. (Statement 2 is correct)

(c) Only three
The National Aerospace Laboratories (NAL) has successfully completed the first test of a solar-powered “pseudo satellite”, a new age unmanned aerial vehicle (UAV) that can significantly increase India’s surveillance and monitoring capabilities in the border areas. (Statement 2 is incorrect)
The high-altitude pseudo satellite vehicle, or HAPS, can fly at altitudes of 18-20 km from the ground, almost double the heights attained by commercial airplanes. (Statement 1 is correct)
It can generate solar power, can remain in air for months, even years, offering it advantages of a satellite. (Statement 3 is correct)
It does not require a rocket to get into space. (Statement 4 is correct)
The cost of operating HAPS is several times lower than that of a satellite that is usually placed at least 200 km from the earth.