Explanation:

The Indian Constitution is the lengthiest written constitution in the world. It has various features that makes it an unique as well as elaborate constitution. Some of  the features of the constitution of India are mentioned below –

• Formation of co-operative societies has been made a constitutional right by the 97th Constitutional Amendment Act of 2011. So, statement 1 is incorrect.
• The Emergency Provisions of the Constitution of India converts the federal structure into a unitary one without a formal amendment of the Constitution. So, statement 2 is correct.
• Indian Constitution is unique in the sense that it is the only constitution in the world that provides for a three-tier government. So, statement 3 is correct.

Hence, option D is correct.

Explanation:

• The Charter Act 1853 introduced an open competition system of selection and recruitment of civil servants. Subsequently, the Macaulay Committee was appointed in 1854. So, statement 1 is correct.
• It separated, for the first time, the legislative and executive functions of the Governor-General’s council. It provided for addition of six new members called legislative councilors to the council. So, statement 2 is correct.
• For the first time, it introduced local representation in the Indian (Central) Legislative Council. So, statement 3 is correct.

Hence, option D is correct.

Explanation:

There are various differences between Fundamental Rights (FRs) and Directive Principles of State Policy (DPSPs). Some of these are mentioned below –

• FRs have legal sanctions wherease DPSPs have moral and political sanctions. So, statement 1 is incorrect.
• FRs promote welfare of the individual wherease DPSPs promote welfare of the community. So, statement 2 is correct.
• FRs are justiciable wherease DPSPs are non justiciable. So, statement 3 is correct.

Hence, option B is correct.

Explanation:

The idea of a Constituent Assembly was put forth for the first time by M.N Roy. In 1935, the Indian National Congress (INC) officially demanded a Constituent Assembly to frame the Constituent of India.

Under the August Offer of 1940, the demand was accepted in principle by the British Government. The Constituent Assembly was constituted in November 1946 under the scheme formulated by the Cabinet Mission Plan.

Dr. Sachchidananda Sinha, the oldest member, was elected as the first temporary President of the Assembly, following the French practice. So, statement 1 is incorrect.

The Objectives Resolution moved by Jawaharlal Nehru had a resolution to proclaim India as an Independent Sovereign Republic and a future Constitution for India. So, statement 2 is correct.

Hence, option B is correct.

Explanation:

The Constitution of India (Article 148)provides for an independent office of the Comptroller and Auditor General of India (CAG).

The CAG is appointed by the President of India by a warrant under his hand and seal. So, statement 1 is incorrect.

He holds office for a period of six years or up to the age of 65 years, whichever is earlier. So, statement 2 is incorrect.

He is provided with the security of tenure. He can be removed by the president only in accordance with the procedure mentioned in the constitution. Thus, he does not hold office till the pleasure of the President, though he is appointed by him. So, statement 3 is correct.

Hence, option A is correct.

Explanation:

Recently, the Prime Minister of India has launched Agriculture Infrastructure Fund (AIF). It is a central sector scheme that aims to provide medium to long term debt financing facility through interest subvention and credit guarantee. So, statement 1 is correct.

The Agriculture Infrastructure Fund (AIF) is under the Ministry of Agriculture and Farmers Welfare. So, statement 2 is correct.

Hence, option B is correct.

EXPLANATION:

Pradhan Mantri Krishi Sinchayee Yojana (PMKSY):

It has been formulated with the vision of extending the coverage of irrigation ‘Har Khet ko pani’ and improving water use efficiency ‘More crop per drop. So, statement 1 is correct.

The scheme will be implemented by Ministries of Agriculture, Water Resources and Rural Development. So, statement 2 is correct.

The major objective of PMKSY is to achieve convergence of investments in irrigation at the field level, expand cultivable area under assured irrigation, improve on-farm water use efficiency to reduce wastage of water, enhance the adoption of precision-irrigation and other water saving technologies (More crop per drop), enhance recharge of aquifers and introduce sustainable water conservation practices by exploring the feasibility of reusing treated municipal waste water for peri-urban agriculture and attract greater private investment in precision irrigation system.

Hence, option C is correct.

EXPLANATION:

India is the second largest agriculture producer in the world and has the largest arable land of 156 million hectares.

In 2019, India exported USD 38.7 billion of agricultural goods, which is only 7% of Indian agriculture production.

India ranks 13th in the world in agriculture exports despite being leading producer of milk, bananas, mangoes etc.

One key cause of the discrepancy between rank in production and exports is the large domestic demand of a population of 1.34 bn people.

From 2013 to 2018, growth has slowed down relative to the impressive growth of 2009 to 2011.

Exports dropped by 10% CAGR due to a drop in global process and back to back drought in 2014, 2015 and 2016.

India exports 70% of its commodities and agricultural product exports to nearby geographies, including the Middle East, Africa and Asia Pacific, only exporting 30% to Europe and the Americas showing low agri market diversification.

India has a 2018 Agri Export Policy which is framed with a focus on agriculture export-oriented production, export promotion, better farmer realization and synchronization within policies and programmes of Government.

EXPLANATION:

Recently, the Prime Minister of India has launched a “Transparent Taxation – Honouring the Honest” platform. This platform is envisaged to strengthen the efforts of reforming and simplifying India’s taxation system.

It aims to resolve the problems of a taxpayer instead of entangling him further and ensure that there is no direct contact in all matters of scrutiny, notice, survey or assessment.

Features of the “Transparent Taxation – Honouring the Honest” platform –

• It provides a taxpayers charter where the rights and responsibilities of both tax officers and taxpayers are outlined. So, statement 1 is correct.
• To eliminate the direct contact between Taxpayer and Income Tax officer the assessment has been made faceless. So, statement 2 is correct.
• It has provisions of faceless appeals where appeals will be randomly allotted to any officer in the country and identity of the officer deciding the appeal will remain unknown. So, statement 3 is correct.

Hence, option D is correct.

EXPLANATION:

Recently, the Reserve Bank of India has released the National Strategy for Financial Education (NSFE) 2020-2025. The strategy aims to empower Indian citizens to develop knowledge, skills, attitude and behaviour which are needed to manage their money better and to plan for their future.

• It recommends adoption of a 5C approach for disemmination of financial education which includes content creation, capacity building, community involvement, communication and collaboration. So, statement 1 is correct.
• The NFSE has been prepared by the National Centre for Financial Education (NCFE) in consultation with all the Financial Sector Regulators in India. So, statement 2 is correct.

Hence, option C is correct.