2 Welcome to your 7th Feb With reference to the green verdicts, consider the following statements: The NITI Aayog has recently commissioned a study that seeks to examine the “unintended economic consequences” of judicial decisions that have hindered and stalled big-ticket projects on environmental grounds. The study is to be undertaken by the Jaipur-headquartered CUTS (Consumer Unity and Trust Society) Centre for Competition, Investment and Economic Regulation. Which of the statements given above is/are correct? 1 only 2 only Both None With reference to the trans fats, consider the following statements: The Food Safety and Standards Authority of India (FSSAI) has amended its rules to cap trans-fatty acids (TFAs) in food products. The 2% cap is considered to be elimination of trans-fatty acids, which India will achieve by 2022. Which of the statements given above is/are correct? 1 only 2 only Both None With reference to Information Technology Act, 2000, consider the following statements: It covers all ‘intermediaries’ who play a role in the use of computer resources and electronic records. Social media platforms does not come under this. Which of the statements given above is/are correct? 1 only 2 only Both None With reference to the currency swap, consider the following statements: Currency swap agreements involve trade in local currencies. It reduces the risk of volatility against the third currency, and does away with the charges involved in multiple currency exchanges. Which of the statements given above is/are correct? 1 only 2 only Both None With reference to the 1st India- EU High Level Dialogue (HLD) on trade and investment, consider the following statements: It was a major outcome of the 15th India-EU Leader’s Summit held in July 2020. In this meeting India signed free trade agreement (FTA) with the European Union. Which of the statements given above is/are correct? 1 only 2 only Both None Time is Up!