Answer: B

Explanation:

Statement 1 is correct: MLFF is an advanced electronic toll collection system designed for "barrier-less" movement, allowing vehicles to maintain highway speeds (exceeding 100 kmph) while tolls are collected.

Statement 2 is incorrect: While GNSS (Global Navigation Satellite System) is a component, the system is a hybrid. It uses a combination of RFID-enabled FASTags, Automatic Number Plate Recognition (ANPR) cameras, and GNSS-based tracking to ensure accurate vehicle identification.

Statement 3 is correct: By removing physical bottlenecks, the system ensures continuous traffic flow, which reduces idling time, decreases fuel wastage, and lowers operational costs for logistics.

Answer: D

Explanation:

Statement 1 & 2 are correct: MoRTH has awarded tenders for an initial 16 plazas across several states, with the Choryasi toll plaza in Gujarat leading the transition to a fully barrier-free model.

Statement 3 is correct: Unlike traditional plazas with lanes and gates, MLFF uses overhead gantries (bridge-like structures) spanning the highway. These gantries house the RFID readers and high-resolution ANPR cameras required to capture data from moving vehicles.

Answer: C

Explanation:

Statement 1 is incorrect: NBCFDC was incorporated in 1992 as a Government of India company (not-for-profit) under Section 25 of the Companies Act, 1956 (now Section 8 of the Companies Act, 2013). It is not a statutory body.

Statement 2 is correct: It functions under the aegis of the Ministry of Social Justice and Empowerment and is a "Section 8" (not-for-profit) company.

Statement 3 is correct: The corporation’s primary objective is the socio-economic empowerment of marginalized groups, specifically OBCs, EBCs, and De-notified, Nomadic & Semi-Nomadic Tribes (DNTs), whose annual family income is below the prescribed limit.

Answer: D

Explanation:

Statement 1 is correct: In FY 2025–26, bilateral trade between India and China reached USD 151.1 billion, making China India’s top trading partner. This ended the four-year streak (FY22–FY25) where the United States held the top spot.

Statement 2 is correct: India continues to enjoy a trade surplus with the US (Exports: $87.3B > Imports: $52.9B). However, because imports from the US grew much faster (15.95%) than exports (0.92%), the surplus shrank from USD 40.89 billion to USD 34.4 billion.

Statement 3 is correct: Despite a 36.66% growth in exports to China, the sheer volume of imports (USD 131.63 billion) led to a record-breaking trade deficit of USD 112.6 billion. This highlights India's persistent structural dependency on Chinese industrial inputs and goods.

Statement 4 is correct: India’s merchandise trade (goods) has a massive deficit. However, the services sector remains a powerhouse. In FY26, services exports reached USD 418.31 billion, creating a surplus of USD 213.89 billion, which helped offset the massive merchandise gap and kept the overall trade deficit at USD 119.3 billion. 

Answer: A

Explanation:

Statement 1 is Incorrect: WPI captures the price of goods only. Unlike the Consumer Price Index (CPI), it does not include the services sector (such as health, education, or transport services).

Statement 2 is Correct: The WPI basket is divided into three major groups:

Manufactured Products: 64.23% (Highest weight)

Primary Articles: 22.62%

Fuel & Power: 13.15%

Statement 3 is Incorrect: WPI is published by the Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry. The NSO is responsible for the CPI and IIP.

Statement 4 is Correct: Since WPI reflects "producer-side" or input costs (like sulfuric acid, copper, and energy), a surge in these prices often forces manufacturers to pass on costs to consumers. This creates cost-push inflation, eventually driving up the Consumer Price Index (CPI).