(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)

(b) Only 2
The System of Rice Intensification (SRI) is a rice cultivation method that was developed in Madagascar in the 1980s. It involves four stages: Weed management, Water management, Nursery change management and Duration of the plantation.
SRI involves cultivating rice with organic manure, planting young seedlings singly, and using intermittent irrigation. It also involves frequent inter cultivation with a weeder. SRI promises to save 15–20% of groundwater and improve rice productivity. It also reduces methane emissions by stopping flooding and relying on organic fertilization.
SRI is beneficial in India because 65% of farmers in India are marginal farmers, with an average land holding of less than one acre.

(d) 3 and 4 only
Till the mid-1960s, the seeds used in cultivation were traditional ones with relatively low yields. Traditional seeds needed less irrigation. Farmers used cow-dung and other natural manure as fertilizers. All these were readily available with the farmers who did not have to buy them. The Green Revolution in the late 1960s introduced the Indian farmer to cultivation of wheat and rice using high yielding varieties (HYVs) of seeds. Compared to the traditional seeds, the HYV seeds promised to produce much greater amounts of grain on a single plant. As a result, the same piece of land would now produce far larger quantities of foodgrains than was possible earlier. HYV seeds, however, needed plenty of water and also chemical fertilizers and pesticides to produce best results. Higher yields were possible only from a combination of HYV seeds, irrigation, chemical fertilisers, pesticides, etc.

(d) All of them
According to this concept, poverty must be seen in terms of the poor having to live only in a poor surrounding with other poor people, excluded from enjoying social equality of better-off people in better surroundings. Social exclusion can be both a cause as well as a consequence of poverty in the usual sense. Broadly, it is a process through which individuals or groups are excluded from facilities, benefits and opportunities that others (their “betters”) enjoy. A typical example is the working of the caste system in India in which people belonging to certain castes are excluded from equal opportunities. Social exclusion thus may lead to, but can cause more damage than, having a very low income.