Which of the following statement(s) is/are correct?

1. Forex reserves include external assets in the form of gold, SDRs and foreign currency assets accumulated by India and controlled by the RBI.

2. RBI Act provides for the legal framework for deployment of forex reserves.

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Which of the following statement(s) is/are incorrect?

1. A high build up of foreign exchange reserves would help India to cover the import bill of the country for a good period of time.

2. It will help India in appreciating the rupee against the dollar.

3. It will assist the government in meeting its foreign exchange needs and external debt obligations.

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The ‘Air Force Day’ is celebrated annually to mark the -

The famous ‘Kerch Strait’ connects -

Which of the following statement(s) is/are correct about ‘Modhera’ in Gujarat?

1. It is India’s first village to become a net renewable energy generator, to have a solar-based ultra-modern electric vehicle charging station and first grid-connected megawatt-hours scale battery energy storage system.

2. The Modhera Sun Temple was made by King Bhima I of the Chalukya dynasty which was declared a UNESCO World Heritage Site in 2014.

3. The famous Uttaradha Mahotsav is celebrated at the Modhera Sun Temple every January after the Makar Sankranti festival.

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