(b) Only two statements are correct (2nd and 3rd)
A Finance Bill is a Money Bill as defined in Article 110 of the Constitution. Whereas a Financial Bill is an ordinary bill as it apart from dealing with money matters also deals with non-money matters.
A Finance Bill deals with the proposals of the government for levy of new taxes, modification of the existing tax structure or continuance of the existing tax structure beyond the period approved by Parliament are submitted to Parliament through this bill. So, it is introduced as a part of the Annual Financial Statement (i.e. Budget) under Article 112.
The Finance Bill is accompanied by a Memorandum containing explanations of the provisions included in it. The Finance Bill can be introduced only in Lok Sabha.
However, the Rajya Sabha can only recommend amendments in the Bill. The bill has to be passed by the Parliament within 75 days of its introduction. (Statement 1 is incorrect)
A financial bill (I) is governed by the same legislative procedure applicable to an ordinary bill. (Financial bills, which are also concerned with financial matters but are different from money bills) Hence, it can be either rejected or amended by the Rajya Sabha.
In case of a disagreement between the two Houses over such a bill, the President can summon a joint sitting of the two Houses to resolve the deadlock. Joint sitting is not available for the Money Bill.

(b) Only two statements are correct
The capital market is where long-term assets, such as stocks and bonds, are traded. The money market is less risky but also less rewarding than the capital market, which is more volatile but potentially more profitable.
Capital Market Instruments
Equities: Refers to buying a company’s equity stock and becoming a shareholder of that organization.
Debt securities: Financial assets that entitle the owner to continuous interest payments
Derivatives: The values of these financial instruments are determined by underlying assets like currency, bonds, stock, etc.
Exchange-traded funds: A pool of financial resources of many investors which are used to buy different capital market instruments
Foreign exchange instruments: mainly consists of currency agreements and derivatives and are represented on a foreign market.
Government Bond Market and the stock market are capital market.
Treasury Bills and Call money are included in Money market.

(c) Statements 1, 3 and 5 are correct
Endemism is an important dimension why the Western Ghats Sri Lanka and Indo-Burma regions are classified under biodiversity hotspots. Many species endemic to the region are threatened and are not found anywhere else in the world.
To qualify as a biodiversity hotspot, a region must meet two strict criteria:
It must have at least 1,500 vascular plants as endemics — which is to say, it must have a high percentage of plant life found nowhere else on the planet. A hotspot, in other words, is irreplaceable. Hence, statements 1 and 3 are correct.
It must have 30% or less of its original natural vegetation. In other words, it must be threatened. Hence statement 5 is correct.
Around the world, 36 areas qualify as hotspots. They represent just 2.4% of Earth’s land surface, but they support more than half of the world’s plant species as endemics — i.e., species found no place else — and nearly 43% of bird, mammal, reptile and amphibian species as endemics.
Conservation International was a pioneer in defining and promoting the concept of hotspots.
In 1989, just one year after scientist Norman Myers wrote the paper that introduced the hotspots concept, Conservation International adopted the idea of protecting these incredible places as the guiding principle of our investments.

(a) New species of cascade frog discovered in Arunachal Pradesh
The Amolops adicola is a new species of cascade frog discovered in Arunachal Pradesh, India. The frog is brown in color and is about 4–7 cm in size. The frog is named after the Adi hills, which are home to the Adi tribe, an indigenous group of people from the Himalayan regions of Arunachal Pradesh. The literal meaning of Adi in the local language is “hill” or “mountain top”.
The Amolops genus is one of the largest groups of ranid frogs, with 73 known species. They are widely distributed across northeast and north India, Nepal, Bhutan, China, through Indochina to the Malaya peninsula.

(c) All three
Zero-based budgeting (ZBB) is a systematic cost management process that prioritizes the efficient allocation of income to fixed expenditure, variable expenses, and savings. It is a budgeting method that requires government agencies to start their budgeting process from scratch as if no budget existed in the previous year.