17.01.2025

1. Blood money is a system rooted in Islamic Sharia law and is applicable only in cases of unintentional murder or culpable homicide.
2. The concept of ‘blood money’ has historical parallels in various cultures, including Ireland, Wales, and medieval Germany.
3. In India, the legal framework formally recognizes blood money as part of its criminal justice system through the provisions of plea bargaining.

Which of the statements given above is/are correct?

1. Global public debt is projected to exceed 100% of global GDP by the end of 2024, with the US and China being the main contributors to this surge.
2. The microfinance sector is witnessing a rise in stressed assets, with delinquencies across lenders showing an upward trend.

Which of the statements given above is/are correct?

1. Skewflation refers to a situation where inflation occurs in some sectors of the economy while others experience stable or declining prices.
2. Skewflation may be caused by structural supply-side constraints in specific sectors.
3. Monetary policy measures, such as changing interest rates, are typically sufficient to address skewflation.

Which of the statements given above is/are correct?