Answer: C

Explanation:

Statement 1 is incorrect: The ISP is specifically designed to track short-term changes in the output produced by the formal services sector, not informal or unorganized services.

Statement 2 is correct: The Index of Services Production (ISP) is designed as a monthly, high-frequency indicator with a base year of 2024–25. It aims to track short-term changes in the services sector volume of output.

Statement 3 is correct: Until the introduction of the ISP, the IIP was the primary high-frequency economic indicator. However, it measures only industrial activity. The ISP fills this gap by acting as a dedicated barometer for the services segment, which accounts for the largest share of India’s economy.

Answer: B

Explanation:

Statement 1 is incorrect: The Immunisation Agenda 2030 (IA2030) is not limited to just two diseases. It is a broad global strategy aimed at ensuring equitable vaccine access, recovering from vaccination disruptions, and saving more than 50 million lives during this decade across multiple diseases.

Statement 2 is incorrect: "Zero-dose children" refer to infants who have received no vaccines in their first year of life (missing even their first DTP dose). The recent reports warn that millions of infants globally remain in this zero-dose category.

Statement 3 is correct: Achieving widespread herd immunity against highly contagious diseases like measles requires at least 95% vaccination coverage. The UN report noted that only 84%of children received the first dose and 77% received the second dose globally, leaving many communities vulnerable to outbreaks

Answer: B

Explanation:

Statement 1 is incorrect: Semicon Mission 2.0 is the second edition/phase of the India Semiconductor Mission (ISM). The first phase had an allocation of Rs 76,000 crore, under which 12 projects were approved.

Statement 2 is incorrect: Semicon Mission 2.0 is uniquely designed to support the entire value chain. It includes robust incentives for suppliers of raw materials, gases, and minerals, in addition to supporting chip design, manufacturing, packaging, and testing units.

Statement 3 is correct: The Union Cabinet approved a total outlay of Rs 1.27 lakh crore for Semicon Mission 2.0. The government expects this financial package to attract investments of around Rs 4 lakh crore while generating semiconductor production worth Rs 2 lakh crore.

Answer: A

Explanation:

Statement 1 is correct: The MPMS offers incentives of 2.25%–5% on eligible mobile phone sales, with an additional 1.5% incentive for the domestic sourcing of key components to build a localized supply chain.

Statement 2 is correct: To promote innovation, the scheme includes an additional 3% incentive specifically for investments directed at product design and Research & Development (R&D).

Statement 3 is incorrect: The scheme aims to establish India as a global electronics manufacturing hub. While it covers domestic manufacturing, scaling up smartphone exports is a primary objective, targeting total mobile phone production worth Rs 39 lakh crore.

Answer: C

Explanation:

Statement 1 is incorrect: While NIPU-2026 aims to drastically reduce foreign exchange risks and bridge India's nearly 10 million tonne urea deficit, it is practically designed to limit/curb imports and achieve self-reliance, rather than implementing a total ban.

Statement 2 is correct: The policy facilitates the establishment of 8–9 new gas-based urea plants across the country to drastically improve domestic fertilizer production capacity.

Statement 3 is correct: Key features of NIPU-2026 include the clear separation of fixed and variable costs for manufacturers, as well as a guaranteed Return on Equity (RoE) between 12% and 16% to mitigate investment risks.