24.12.2024

1. The PAC examines the Appropriation Accounts and the Finance Accounts of the Union Government.
2. The PAC consists exclusively of members from the Lok Sabha.
3. The PAC can examine the policy decisions of the government while scrutinizing expenditure.

Which of the statements given above is/are correct?

1. The GST Council is a constitutional body constituted under Article 279A of the Constitution of India.
2. The Union Finance Minister is the chairperson of the GST Council, and all state finance ministers are permanent members.
3. Decisions of the GST Council require a two-thirds majority of the total votes, with states collectively having a voting weightage of two-thirds.
4. The GST Council recommends tax rates, exemptions, and threshold limits under the Goods and Services Tax but does not deal with procedural matters.

Which of the statements given above is/are correct?

1. The total forest and tree cover in India constitutes more than 27% of the geographical area of the country.
2. Madhya Pradesh has the highest forest and tree cover as well as the highest forest cover among all Indian states.
3. Mizoram has the highest percentage of its geographical area under forest cover among all states.
4. The total carbon stock in India's forests has increased by over 200 million tonnes compared to the 2021 assessment.

Which of the above statements is/are correct?