Current affairs Feb 4(2025-02-05)

With reference to the recent depreciation of the Indian rupee against the U.S. dollar, consider the following statements:
1. The depreciation of the rupee makes India's imports cheaper and exports costlier.
2. The Reserve Bank of India follows a policy of targeting a specific exchange rate to promote exports.
Which of the above statements are correct?

With reference to the recent study on glacial retreat in the eastern Himalayas, consider the following statements:
1. Glacial retreat is primarily caused by tectonic activity rather than climate change.
2. The retreat of glaciers has led to the formation of glacial lakes, increasing the risk of Glacial Lake Outburst Floods.
Which of the statements given above are correct?

With reference to the recent Supreme Court ruling on forest conservation, consider the following statements:
1. The Supreme Court has mandated that no forest land can be reduced unless compensatory afforestation land is provided.
2. The Forest (Conservation) Act, 1980, was enacted to promote commercial afforestation in India.
3. The recent amendments to the Forest (Conservation) Act, 1980, restrict the definition of ‘forest’ to only those lands that are officially recorded as forests after 1980.
Which of the statements given above are correct?

India is set to achieve its target of 20% ethanol blending in petrol ahead of schedule. Regarding the sources and impact of ethanol production, which of the following statements is incorrect?