Daily Quiz – 10.08.2026

Statement I: India is reviewing its 2015 Model BIT amid rising overseas investments by Indian companies and changing global investment patterns.

Statement II: India’s 2015 Model BIT requires foreign investors to exhaust domestic legal remedies for five years before approaching international arbitration.

Statement III: India’s gross FDI has reached record levels even as net FDI has declined substantially in recent years.

Consider the following inferences:

1. India’s BIT policy is increasingly required to protect not only foreign investment entering India but also Indian investment abroad.
2. The five-year local-remedies requirement has made India’s existing Model BIT less acceptable to some foreign investors and negotiating partners.
3. The decline in net FDI necessarily indicates that India’s ability to attract foreign investment has weakened in absolute terms.

Which of the above inferences are correct?

1. The Bill expands the definition of “bankers’ books” to include electronic or digital records stored onsite, offsite, or in virtual/cloud locations, thereby adapting the evidentiary framework to contemporary banking practices.
2. The Bill introduces a new investigative power under which bank records can be obtained only when specifically authorised by an officer not below the rank of Superintendent of Police, a power that did not exist under the Bankers’ Books Evidence Act, 1891.

Which of the following are correctly matched with the provisions of the Bankers’ Books Evidence Bill, 2026?

1. Modernisation of evidentiary rules for digital banking records
2. Expansion of police powers to access bank records

1. Under the Build–Own–Operate–Transfer (BOOT) model, a private concessionaire generally finances and develops the infrastructure, operates it for a specified concession period, and transfers the asset to the government at the end of the concession period.
2. Gujarat’s adoption of a BOOT-based port development framework in the late 1990s was aimed at attracting private investment into port infrastructure, thereby reducing the need for exclusive public-sector financing.

Which of the following concepts/outcomes are the above statements associated with?

1. Public–Private Partnership (PPP) in infrastructure
2. Port-led development and private capital mobilisation

Options: