With reference to the satellite phone, consider the following statements:

1. They are capable of receiving and making calls anywhere in the world, even in the remotest parts be it the Himalayas or an uninhabited island in the Pacific.

2. The first satellite phone was launched by Apple in 2005.

Which of the statements given above is/are correct?

With reference to the Account Aggregator (AA) network, consider the following statements:

1. Recently all scheduled private and public banks in India joined the Account Aggregator (AA) network that will enable customers to easily access and share their financial data.

2. An Account Aggregator is a non-banking financial company engaged in the business of providing, under a contract, the service of retrieving or collecting financial information pertaining to its customer.

Which of the statements given above is/are correct?

What is ‘Inspiration4’, recently seen in the news?

With reference to the Insolvency and Bankruptcy Code (IBC), consider the following statements:

1. Under the IBC, a Committees of Creditors (CoC), composed of financial creditors to the Corporate Debtor (CD) or operational creditors in the absence of unrelated financial creditors is empowered to take key decisions, including decisions on haircuts for creditors, that are binding on all stakeholders, including those dissenting.

2. The CoC is also empowered to seek and choose the best resolution plan for a corporate debtor from the market, and its role is vital for a timely and successful resolution for a CD.

Which of the statements given above is/are correct?

With reference to the Climate change, consider the following statements:

1. Heat-related diseases triggered by extreme heat events, which are on the rise because of changing climate, are an example of direct health impacts of climate change.

2. The World Health Organization estimates that about 250,000 excess deaths are likely to be caused by climate change-induced factors malnutrition, malaria, diarrhoea, and heat stress between 2030 and 2050.

Which of the statements given above is/are correct?