Answer: C

Explanation:

The RBI has joined Project Nexus, a global initiative enabling instant cross-border retail payments by linking domestic Fast Payment Systems (FPSs). The benefits of Project Nexus include standardizing connections between Instant Payment Systems (IPS) worldwide, enabling FPS operators to establish a single connection to reach multiple countries on the Nexus platform and enhancing speed and efficiency in cross-border payments, potentially completing transactions within 60 seconds. Hence, statement 1 is correct.

Countries involved in Project Nexus as founding members include India, Malaysia, Philippines, Singapore, and Thailand, with Indonesia slated to join the platform in the future. Hence, statement 2 is correct.

The agreement for Project Nexus was signed on June 30, 2024, in Basel, Switzerland, involving the BIS and the central banks of the founding countries (BNM, BOT, BSP, MAS, RBI). Hence, statement 3 is correct.

Answer: B

Explanation:

Recently, the Reserve Bank of India (RBI) and ASEAN countries have decided to create a platform to facilitate instant cross-border retail payments. The Association of Southeast Asian Nations (ASEAN) is a regional grouping that aims to promote economic and security cooperation among its member countries. It includes ten Southeast Asian countries, which are Indonesia, Malaysia, the Philippines, Singapore, Thailand, Brunei, Vietnam, Laos, Myanmar and Cambodia. Hence, statement 1 is incorrect.

Established on August 8, 1967, ASEAN aims to promote political and economic cooperation and regional stability among its members.  The motto of ASEAN is “One Vision, One Identity, One Community.” Hence, statement 2 is correct.

Answer: C

Explanation:

Recently, the National Human Rights Commission (NHRC) issued a notice to the Labour Ministry and Tamil Nadu government, seeking a report on allegations that Foxconn systematically excluded married women from jobs at its Sriperumbudur iPhone assembly plant. The National Human Rights Commission is a statutory body. It was established on October 12, 1993, in accordance with the Paris Principles. Hence, statement I is correct.

The National Human Rights Commission is a multi-member body including a chairman, four members and four ex-officio members. The chairman and members serve for a five-year term or until they reach the age of 70, whichever comes first. Hence, statement II is incorrect.

Answer: D

Explanation:

Recently, the Indian Naval Ship INS Ranvir arrived at Chattogram, Bangladesh as part of an operational deployment. INS Ranvir is a Rajput-class Guided Missile destroyer in the Indian Navy which has undergone upgrade with state of art weapons and sensors. Hence, statement 1 is correct.

It is the fourth of the five Rajput-class destroyers commissioned into the Indian Navy on 28 October 1986. Hence, statement 2 and 3 are correct.

The ship is armed with a variety of missiles, torpedoes and guns, including surface-to-surface and surface-to-air missiles. It is part of the Eastern Fleet and operates under the Eastern Naval Command. Hence, statement 4 is correct.

Answer: C

Explanation:

External Affairs Minister, Dr. S. Jaishankar will lead the Indian delegation at the Shanghai Cooperation Organisation (SCO) Summit in Astana on 4th July in Astana, Kazakhstan. Kazakhstan, officially the Republic of Kazakhstan is a landlocked country mostly in Central Asia. Kazakhstan shares its borders with China to the east, the Caspian Sea to the west, Russia to the north and west, Uzbekistan to the south, Kyrgyzstan to the southeast and Turkmenistan to the southwest. Astana is the capital of Kazakhstan. The highest point in Kazakhstan is Khan Tengri. Hence, option (c) is correct.