Daily Current Affairs Quiz for UPSC : 19 July 2025

Consider the following statements regarding the removal of Judges of the Supreme Court and High Courts in India:

1. The Constitution of India does not specify the grounds for the removal of High Court Judges, but for Supreme Court Judges, it mentions “proved misbehaviour or incapacity.”

2. The Judges Inquiry Act, 1968, provides for the constitution of a three-member committee comprising a Judge of the Supreme Court, a Chief Justice of a High Court, and an eminent jurist to investigate the charges.

3. Once the motion for removal is admitted in Parliament, the judge is immediately suspended from performing judicial functions pending the outcome of the inquiry.

Which of the above statements is/are correct?

Consider the following statements regarding Sanitary and Phytosanitary (SPS) Measures under the WTO framework:

1. SPS measures can be imposed not only to protect human, animal, or plant life from diseases or pests but also for protection of the environment and preservation of endangered species.

2. The SPS Agreement allows WTO members to adopt food safety and animal/plant health standards that are more stringent than international standards, provided there is a scientific justification or risk assessment.

3. The precautionary principle is explicitly incorporated in the SPS Agreement, permitting temporary measures even when scientific evidence is insufficient, but it mandates members to seek additional information for future review.

Which of the above statements is/are correct?

Consider the following statements regarding the Liberalised Remittance Scheme (LRS) of the Reserve Bank of India (RBI):

1. LRS is available to both resident individuals and Hindu Undivided Families (HUFs) to remit funds abroad for permitted current and capital account transactions.

2. Under LRS, remittances can be made for investing in foreign cryptocurrency exchanges, provided the funds are routed through authorised dealers.

3. Any remittance under LRS above ₹7 lakh in a financial year attracts Tax Collected at Source (TCS), except when it is for medical or educational purposes.

Which of the above statements is/are correct?

Consider the following statements regarding the Foreign Exchange Management Act (FEMA), 1999:

1. FEMA has shifted India’s foreign exchange regulation from a control-based regime to a management-based regime, primarily focusing on facilitating external trade and payments rather than restricting them.

2. Under FEMA, both current account and capital account transactions require prior approval of the Reserve Bank of India (RBI), unless explicitly exempted by the central government.

3. Contravention under FEMA is treated as a criminal offence punishable with imprisonment, similar to the provisions of the earlier Foreign Exchange Regulation Act (FERA), 1973.

Which of the statements given above is/are correct?