The famous ‘Yaoshang Festival’ is celebrated in -

Which of the following statement(s) is/are correct about the ‘Central Counterparties’?

1. It is a financial institution that performs the clearing and settlement functions for trades in foreign exchange, securities, options and derivative contracts.

2. It becomes the buyer to every seller and the seller to every buyer, for the purpose of effecting settlement of their transactions.

3. In India, the stock exchanges (NSE, BSE etc.) performs the central counterparty functions under the Payment and Settlement Systems Act, 2007.

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Which of the following statement(s) is/are correct about the ‘Protection of Children from Sexual Offences Act, 2012’?

1. The act defines a child any person below the age of sixteen years.

2. It stipulates that a case of child sexual abuse must be disposed off within one year from the date the offence is reported.

3. It deems a sexual assault to be ‘aggravated’ under certain circumstances such as if the child victim is mentally ill or the abuse is committed by a family member.

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Which of the following statement(s) is/are correct about the ‘Protection of Children from Sexual Offences Act, 2012’?

1. Only the POCSO Court has the jurisdiction to deal with the matters related to the act.

2. The principle of ‘Innocent till proven guilty’ does not apply in the matters related to the act.

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Which of the following statement(s) is/are correct about the ‘Channapatna toys’?

1. They are terracotta toys (and dolls) that are manufactured in the town of Channapatna in the Ramnagara district of Karnataka state.

2. They enjoy protection due to a Geographical Indication tag.

3. They have been made in the region since the Chalukyan rulers.

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