1. Which of the following statements correctly describes the Variable Rate Reverse Repo (VRRR) operation of the Reserve Bank of India?

• It is used by RBI to inject liquidity into the banking system at a fixed rate.
• It is used to absorb surplus liquidity from banks through an auction-based interest rate mechanism.
• It is used to fix long-term interest rates for commercial lending.
• It is used to determine the base rate for all banking loans in India.

2. The Tokara Islands, recently in news due to frequent earthquakes, are located:

• Between the Japanese islands of Honshu and Hokkaido
• In the Kuril Islands chain of Russia
• Between the Korean Peninsula and Okinawa
• South of Kyushu and north of the Amami Islands in Japan

3. Consider the following statements regarding the Gini Index:

1. A Gini Index of 0 represents perfect inequality.
2. India currently ranks among the top five most equal societies globally.
3. The Gini Index is used to measure income or wealth inequality.

Which of the statements given above is/are correct?

• 1 and 2 only
• 1 and 3 only
• 2 and 3 only
• 2 only

4. Which of the following statements is/are true regarding the traditional Indian rhythmic cycle 'Chautal'?

1. It consists of 12 beats and is associated with Hindustani classical music.
2. It is commonly played using tabla in light music performances.
3. It is used in Dhrupad and Dhamar vocal forms.

Select the correct answer using the code below:

• 1 and 2 only
• 1 and 3 only
• 2 and 3 only
• 1, 2 and 3

5. Consider the following pairs regarding recent Green Climate Fund (GCF)-funded climate resilience projects:

Which of the above pairs is/are correctly matched?

• 1 and 2 only
• 1 and 3 only
• 2 and 3 only
• All three