Which of the following are the sources of income for the Reserve Bank of India? I. Buying and selling Government bonds II. Buying and selling foreign currency III. Pension fund management IV. Lending to private companies V. Printing and distributing currency notes Select the correct answer using the code given below:

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UPSC Prelims 2025 Question:

Consider the following statements:

Statement I: Circular economy reduces the emissions of greenhouse gases.

Statement II: Circular economy reduces the use of raw materials as inputs.

Statement III: Circular economy reduces wastage in the production process.

Which one of the following is correct in respect of the above statements?

A. Both Statement II and Statement III are correct and both of them explain Statement I
B. Both Statement II and Statement III are correct but only one of them explains Statement I
C. Only one of the Statements II and III is correct and that explains Statement I
D. Neither Statement II nor Statement III is correct

Correct Answer: Option A

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