Daily Current Affairs – July

With reference to the Semicon 2.0 scheme and India's semiconductor manufacturing ecosystem, consider the following statements: 1 The scheme shifts focus entirely away from semiconductor fabrication (fabs), providing financial incentives exclusively for raw material extraction. 2 A capital-intensive semiconductor fab requires a highly resilient supply chain, ultra-pure water, and uninterrupted baseload power to operate efficiently. 3 The ₹1.275-lakh-crore government outlay is designed to catalyze private sector investments across the entire value chain, including chip design and assembly. How many of the statements given above are correct?

Consider the following statements regarding the Index of Services Production (ISP): 1 The services sector contributes more than 50% to India's Gross Value Added (GVA), yet historically lacked a high-frequency monthly volume-based tracking index. 2 Similar to the Index of Industrial Production (IIP), the ISP utilizes a baseline year to measure the short-term variations in the volume of production of the formal services sector. 3 Introducing the ISP allows the Reserve Bank of India to track real-time momentum in sectors like IT, aviation, and hospitality without waiting for quarterly GDP estimates. How many of the statements given above are correct?

With reference to the Codex Alimentarius Commission (CAC) and global food standards, consider the following statements: 1 The CAC is an intergovernmental body established to protect consumer health and ensure fair practices in the international food trade. 2 Codex standards are recognized by the World Trade Organization (WTO) as the international reference benchmark for resolving trade disputes concerning food safety. 3 India successfully leading global standards for spices like coriander and cardamom at CAC49 will likely lower technical barriers to trade and boost India's spice exports. How many of the statements given above are correct?

Consider the following pairs regarding government schemes and their primary target sectors: 1 NAMASTE Scheme: Mechanization of sewer cleaning and occupational safety for sanitation workers. 2 Semicon 2.0: Financial incentives for domestic wheat procurement and rural granary construction. 3 'Reform Express': Indian Railways' initiative to simplify freight tariffs and boost containerized cargo movement. How many of the pairs given above are correctly matched?

Regarding the socio-economic implications of the NAMASTE scheme, consider the following statements: 1 The scheme aims to eradicate the hazardous practice of manual scavenging by formalizing sanitation work and providing mechanized equipment. 2 Providing health insurance and PPE kits helps mitigate the severe occupational hazards and mortality risks faced by sanitation workers in toxic sewer environments. 3 The scheme is exclusively funded by the World Bank and requires sanitation workers to permanently emigrate to foreign countries. How many of the statements given above are correct?