Daily UPSC Current Quiz : 22 Sep 2025

Consider the following statements regarding the National Supercomputing Mission (NSM):

1. The National Supercomputing Mission is jointly steered by the Ministry of Electronics and Information Technology (MeitY) and the Department of Science and Technology (DST).

2. Under NSM, India aims to develop indigenous supercomputing technology with 100% components manufactured within the country from the very first phase.

3. Param Siddhi-AI, one of the supercomputers developed under NSM, has been ranked among the top 100 most powerful supercomputers in the world.

Which of the above statements is/are correct?

Consider the following statements regarding the recent trend of declining retail inflation in India and its implications for the economy:

1. A fall in inflation can reduce nominal GDP growth, potentially affecting tax collections and making it harder for the government to meet its revenue targets.

2. Lower inflation increases the real value of fixed nominal expenditure, thereby putting additional pressure on government finances.

3. Declining inflation automatically improves the government’s debt-to-GDP ratio by reducing the cost of debt servicing.

Which of the above statements is/are correct?

Consider the following statements regarding the recent hike in the U.S. H-1B visa fee:

1. The $100,000 fee announced by the U.S. government will be applicable only once for fresh H-1B visa applications starting from the next lottery cycle.

2. Existing H-1B visa holders outside the U.S. will also be required to pay the increased fee before re-entering the country.

3. India is the largest recipient of H-1B visas, primarily in the information technology and technology sectors.

Which of the statements given above is/are correct?

Consider the following statements regarding the Harmonized System of Nomenclature (HSN) Codes:

1. HSN codes are developed and maintained by the World Trade Organization (WTO) to facilitate international trade by classifying goods uniformly.

2. In India, HSN codes are used under the Goods and Services Tax (GST) system to classify products and determine applicable tax rates.

3. The recently released Guidebook on Mapping of HSN Codes (2025) aims to align products with their respective Ministries and Departments for sharper policy interventions and trade negotiations.

Which of the statements given above is/are correct?