Daily UPSC Quiz : 21 March 2026

With reference to the ‘Water Footprint’ of a product, consider the following statements:

1. Green water refers to the moisture stored in the root zone of the soil which is consumed by plants.

2. Blue water footprint includes the volume of surface and groundwater consumed during a production process.

3. Grey water represents the total volume of wastewater generated by an industrial process before treatment.

Which of the statements given above is/are correct?

With reference to Additional Tier 1 (AT-1) bonds, consider the following statements:

1. They are a type of perpetual debt instrument that has no fixed maturity date.

2. Under Basel III norms, these bonds are used by banks to fulfill their core equity capital requirements.

3. In the event of a “Point of Non-Viability” (PONV), regulators have the authority to write down these bonds to zero without the consent of the bondholders.

4. AT-1 bondholders always rank higher than equity shareholders during the distribution of assets in a bank’s liquidation process.