Question
Which of the following Statements about the Forest
(Conservation) Amendment Bill 2023 is/are True?Solution
The Bill broadens the scope of the Act by inserting a Preamble. The Act's name was changed to Van (Sanrakshan Evam Samvardhan) Adhiniyam, 1980 to reflect the potential of its provisions. ย The Act, which was initially applied to notified forest land, was later extended to revenue forest land and lands recorded as forest in government records. The amendments seek to streamline the application of the Act to recorded forest lands, private forest lands, plantations, etc. ย The Bill proposes certain exemptions to encourage afforestation and plantation outside forests. 0.10 ha of forest land has been proposed to provide connectivity for habitation and establishments located on the side of roads and railways, up to 10 ha of land proposed for security related infrastructure and up to 5 ha of forest land in Left Wing Extremism Affected Districts for public utility projects. These exemptions include strategic projects related to national security within 100 km of the International Borders, Line of Actual Control (LAC), Line of Control (LoC) etc. ย
As per Companies Act 2013, a related party transaction (RPT) like sale, purchase or supply of any goods or materials can be undertaken after prior appro...
Consider the following statements regarding Economic survey 2022-23:
1)ย ย ย In FY23, retail inflation was mainly driven by higher food infla...
A manufacturing company experiences frequent fluctuations in production volume due to seasonal demand. Management wants a budgeting system that revises ...
Long-term borrowings are essential for supporting a company's large-scale investments and capital expenditures. These borrowings typically have extended...
What does the capability approach focus on in achieving justice?
Which of the following is a digital lending platform initiated by the Government of India to facilitate MSME loans?
The Recovery of Debts and Bankruptcy Act (RDBA) applies to cases where debt exceeds:
A manufacturing company is considering expanding its production capacity by acquiring new machinery. The company is exploring the option of leasing the ...
Which of the techniques are not known for controlling wastages?
A company manufactures two products, P and Q. The overhead costs and related activity drivers are as follows: