1. In a recent development, the government has reduced the windfall tax on petroleum crude. In this context, consider the following statements:

1. A windfall tax is a tax that a government may impose or an additional tax that may be imposed on a business when it generates a sizable unanticipated profit.
2. The Government of India Introduced Windfall Tax on July 1st, 2017.
3. Governments tax these windfall gains at rates lower than the standard tax rates applicable to regular profits.

How many of the above statements are correct?

• Only 1
• 1 and 2 only
• All three
• None of the above

2. Consider the following statements regarding the FASTag in India:

1. FASTag is an electronic toll collection system, operated by the National Highways Authority of India (NHAI).
2. The only drawback of FASTag is that it doesn't allow toll payments while the vehicle is in motion.
3. It utilizes Radio Frequency Identification (RFID) technology for making toll payments directly from the prepaid or savings account linked to it or directly toll owner.

Which of the above statements is correct?

• 1 and 2 Only
• 1 and 3 only
• 2 only
• All of the above

3. Consider the following statements regarding the Instrument Landing System in the aviation sector:

1. It is a satellite navigation system attached to the aircraft that aids in landing on the runway during bad weather conditions or at night.
2. It is a precision radio navigation system that provides short-range guidance to aircraft to allow them to approach a runway at night or in bad weather.

Which of the statements given above is/are correct?

• 1 Only
• 2 Only
• Both 1 and 2
• None of the above

4. With reference to Snow Leopards in India, consider the following statements:

1. In India, Snow leopards live in the mountainous regions of Jammu and Kashmir and Ladakh only.
2. In the IUCN-World Conservation Union's Red List of Threatened Species, the snow leopard is listed as Critically Endangered.

Which of the statements given above is/are correct?

• 1 Only
• 2 Only
• Both 1 and 2
• None of the above

5. Recently, the Tripura government allocated land for the rehabilitation of the last batch of Mizoram Bru refugees, who have been granted permanent settlements in Tripura. In this context, consider the following statements about the Bru refugees:

1. Bru or Reang is a community indigenous to Northeast India, living mostly in Tripura, Mizoram and Assam.
2. In the state of Tripura, the Brus are a designated Particularly Vulnerable Tribal Group (PVTG).

Which of the statements given above is/are correct?

• 1 Only
• 2 Only
• Both 1 and 2
• None of the above