Daily UPSC Current Quiz : 3 Feb 2026

Consider the following statements about the Global Biofuel Alliance (GBA):

1. It was launched during the G20 Summit in New Delhi in 2023.
2. India, Brazil, and the United States are founding members.
3. The Alliance aims to promote fossil fuel trade among member countries.

Which of the statements given above is/are correct?

Consider the following statements about the Arab–India Cooperation Forum (AICF):

1. The Forum was established in 2016 during a meeting in Bahrain.
2. It is a platform between India and the League of Arab States (LAS).
3. The Forum primarily focuses on maritime security cooperation only.

Which of the statements given above is/are correct?

Consider the following statements regarding Saudi Vision 2030:

1. It was launched in 2016 under the leadership of Crown Prince Mohammed bin Salman.
2. One of its pillars, A Thriving Economy, includes privatization of state-owned assets like Saudi Aramco.
3. The framework aims to diversify Saudi Arabia’s economy by reducing dependence on oil and fostering sectors such as tourism and technology.

Which of the statements given above is/are correct?

With reference to the Finance Commission of India, consider the following statements:

1. Vertical devolution refers to the share of the divisible pool of central taxes that is transferred to the States collectively.
2. Horizontal devolution determines how the States’ collective share is distributed among individual States, using criteria such as population, income distance, forest cover, and demographic performance.
3. The 15th Finance Commission recommended a vertical devolution of 41% of the divisible pool to States, while the 16th Finance Commission will recommend devolution for the period 2026–2031.
4. The Finance Commission is a constitutional body under Article 280, and its recommendations are binding on the Union Government.

Which of the statements given above is/are correct?