The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved monetisation of assets of POWERGRID, a Public Sector Undertaking (PSU) under Ministry of Power, through Infrastructure Investment Trust (InvIT) model. Therefore, statement 2 is correct.

POWERGRID, a public limited company under the administrative control of the Ministry of Power, Government of India, started its commercial operation in the year 1992-93 and is today, a Maharatna company, engaged in the business of power transmission. Therefore, statements 1 and 3 are correct.

Prime Minister Narendra Modi shall deliver the Special Key Note Address at the USISPF 3rd Annual Leadership Summit on the 3rd September 2020, through video conference.

• The US-India Strategic Partnership Forum (USISPF) is a non-profit organization that works for the partnership between India and the U.S. So, statement 1 is correct.
• The Theme of the 5-day Summit that began on the 31st of August is “US-India Navigating New Challenges”. So, statement 2 is correct.

The Department of Posts has launched a scheme called Five Star Villages, to ensure universal coverage of flagship postal schemes in rural areas of the country. So, statement 1 is not correct.

The scheme will be implemented by a team of five Gramin Dak Sevaks who will be assigned a village for the marketing of all products, savings and insurance schemes of the Department of Posts. Therefore, statement 2 is correct.

• Federalism can be formed by way of integration (US) or disintegration (Canada). 
• Indian federalism resembles “CANADIAN MODEL”.
• The word federalism is nowhere mentioned in the Indian Constitution. 
• Article 1 describes India as a UNION of states.
• It is not a result of an agreement between states and states have no right to secede from the federation. 
• It’s an Indestructible union of destructible states.
• KC Wheare described it as “Quasi federalism”.
• Granville Austin called it “Cooperative federalism” (need for national integrity and unity).
• Unitary bias (dominance of centre in financial powers, central grants, Niti Aayog).

• 33% reservation is granted to women in local panchayats.
• Democracy is the government of the people, by the people, and for the people.
• It accommodates diversities like caste, religion, race, religion, ethnicity, etc. 
• People enjoy various rights like fundamental rights under democracy political system.   
• The constitution of India accommodates equality among various communities and social groups to strengthen democracy.

The Arctic Circle passes through the Arctic Ocean, the Scandinavian Peninsula, North Asia, Northern America, and Greenland.

The Arctic Circle passes through eight countries: Norway, Sweden, Finland, Russia, the United States (Alaska), Canada (Yukon, Northwest Territories, and Nunavut), Denmark (Greenland), and Iceland (where it passes through the small offshore island of Grímsey).

Whereas, Moscow in Russia lies on the south of the Arctic circle.

21st Amendment 1967 - Sindhi

92nd Amendment 2003 - Bodo, Dogri, Maithili and Santhali

The eighth schedule consists of 22 languages.

They are: Assamese, Bengali, Bodo, Dogri, Gujarati, Hindi, Kannada, Kashmiri, Konkani, Maithili, Malayalam, Manipuri, Marathi, Nepali, Odia, Punjabi, Sanskrit, Santhali, Sindhi, Tamil, Telugu, Urdu.

Government has constituted a three-member expert committee to assist in the assessment of relief to bank borrowers. The committee will submit its report within one week.

Fundamental rights are the rights that are essential for human survival. 

The Indian Constitution accommodates fundamental rights which are Justiciable subject to reasonable restrictions.

There are six fundamental rights namely:

1. Right to Equality (Article 14-18) 
2. Right to freedom (Article 19-22) 
3. Right against exploitation (Article 23 and 24) 
4. Right to freedom of religion (Article 25-28) 
5. Cultural and educational rights (Article 29 and 30) 
6. Rights to constitutional remedies (Article 32)

Researchers have found that the concentration of near-surface ozone in Brahmaputra River Valley (BRV) region in the North-East corner of India is low compared to the other urban locations in India.

• Tropospheric, or ground-level ozone, is created by chemical reactions between oxides of nitrogen (NOx) and volatile organic compounds (VOC). Therefore, statement 1 is correct.
• It usually increases when pollutants emitted by cars, power plants, industrial boilers, refineries, chemical plants, and other sources chemically react in the presence of sunlight, impacting human health. Therefore, statement 2 is correct.