Read the following questions and answer them by clicking on the links in not more than 200 words
Time: 30 Minutes
Kindly review each others answers.
Q.1) A Parliamentary Budget Office helps MPs provide effective oversight over the functioning of parliament. How does Indian Parliament act as a Budget governing body? Explain Parliamentary Budget Office (PBO) and its role. Also, discuss the challenges ahead. (GS-2)
Q.2) The Supreme Court directed that vehicles without valid pollution under control (PUC) certificates would not be eligible for the annual insurance. In light of the statement, discuss the rules related to PUC certificates. Also discuss the need and the legal aspect of acquiring it. (GS-3)
Q.3) Recently, the Ministry of Housing flagged off a new index-The National Housing Bank(NHB) Residex, designed to track housing price trends in 50 cities across India. What is NHB Residex and also discuss the reasons behind the rise in housing prices. (GS-3)