Answer: A

Explanation:

Statement 1 is correct: The IMF increased India’s FY27 growth forecast to 6.5%, up 10 basis points from previous estimates, driven by strong internal demand and strategic trade adjustments.

Statement 2 is correct: A major factor is the reduction of effective US tariffs on Indian goods from 50% down to 10-18%, restoring competitiveness in labor-intensive sectors like textiles and jewelry.

Statement 3 is incorrect: While the IMF is optimistic, its 6.5% projection is more conservative than the 6.9% forecast by the Asian Development Bank (ADB) and the 6.6%–6.9% range projected by the Reserve Bank of India (RBI).

Answer: C

Explanation:

Statement 1 is incorrect: The IMF provides short-term financial assistance to help members with balance-of-payments imbalances. Long-term loans for infrastructural development are the responsibility of the World Bank (specifically, the IBRD and IDA).

Statement 2 is correct: A core function of the IMF is acting as the "global lender of last resort," providing funds to countries in economic crisis to prevent global economic contagion.

Statement 3 is incorrect: The "Gold Tranche" or Reserve Tranche is the portion of a member country's quota that is not required to be paid to the IMF. It is a credit line that member countries can call upon without any conditionality (not a credit mechanism itself).

Answer: D

Explanation:

Statement 1 is correct: The UNDP report estimates that about 2.46 million to 2.5 million people in India could be pushed into poverty due to the economic fallout, including inflation and reduced income.

Statement 2 is correct: The report highlights that India's dependence on the region is very high; although more than 90% of total crude is imported, over 40% of crude and 90% of LPG come specifically from West Asia.

Statement 3 is correct: The conflict is expected to cause a significant setback in human development, specifically reducing HDI progress by 0.03–0.12 years due to rising food prices and reduced purchasing power.

Answer: B

Explanation:

Statement 1 is Incorrect: The UNDP is a subsidiary organ of the UN General Assembly, not a specialized agency.

Statement 2 is Incorrect: UNDP is primarily funded by voluntary contributions from UN member states, not assessed contributions.

Statement 3 is Correct: UNDP has been publishing the Human Development Report (HDR) annually since 1990.

Statement 4 is Incorrect: The headquarters of the UNDP is in New York City, USA, not Geneva.

Answer: B

Explanation:

Statement 1 is correct: As reported on April 15, 2026, Andhra Pradesh Chief Minister N. Chandrababu Naidu inaugurated India's first indigenous Quantum Computing Testing Facility (often called a Quantum Reference Facility) at SRM University Andhra Pradesh in Amaravati.

Statement 2 is incorrect: The Amaravati Quantum Valley (AQV) is a key initiative integrated with the ₹6,000 crore National Quantum Mission of the Government of India, aimed at making India a self-reliant technological power.

Statement 3 is correct: The initiative serves as a comprehensive ecosystem that includes research, innovation, and training, involving collaborations with major industry partners like IBM and TCS to foster quantum research.

Answer: C

Explanation:

Statement 1 is correct: In classical computing, a bit is either 0 or 1. In quantum computing, superposition allows a qubit to be in multiple states at once, exponentially increasing processing power.

Statement 2 is correct: Entanglement is a quantum phenomenon where qubits become linked; the state of one qubit (e.g., its spin or polarization) determines the state of the other immediately, facilitating faster computation and data transmission.