The World bank has reported that India will receive a record $100 billion in remittance in 2022. Which of the following are the reasons leading to increased remittance to India?

1. Dominance of Indians in high skilled jobs in high income countries
2. Depreciation of Indian Rupee to the US dollar
3. Record high employment conditions after end of Covid-19 pandemic
4. Fiscal stimulus packages during Covid-19 pandemic

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Sethusamudram Project envisages dredging the channel across:

With reference to Dhara Mustard Hybrid-11 (DMH-11), consider the following statements:

1. GM Mustard has been classified as herbicide tolerant crop variety.
2. DMH-11 showed more yield than national check, a reference variety of mustard.
3. DMH-11 has been developed by crossing a Indian mustard variety ‘Varuna’ with an East European ‘Early Heera-2’ mutant.

Which of the statements given above is/are correct?

Recently, the Reserve Bank of India (RBI) has signed an agreement to extend up to $200 million currency swap facility to Maldives Monetary Authority (MMA) under the SAARC Currency Swap Framework. With reference to it, consider the following statements:

1. SAARC Currency Swap Facility came into operation in 2012 with an intention to provide a backstop line of funding for short term foreign exchange liquidity requirements.
2. It is first such pact signed by RBI with any SAARC country.
3. The RBI’s Currency Swap Facility is available to all SAARC member countries, subject to their signing the bilateral swap agreements.

Which of the statements given above are correct?

Recently, the Government notified new norms on Bancassurance. With reference to it, which of the following statements is/are correct?

1. Bancassurance is an arrangement between a bank and an insurance company, through which the insurer can sell its products to the bank's customers.
2. Under the arrangement, the insurance company benefits from increased sales and a broader client base without having to expand its sales force.

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