-Statement 1 is correct. The Constitution gives the President the power to address either House or a joint sitting of the two Houses of Parliament.
-Article 87 provides two special occasions on which the President addresses a joint sitting.
(i) The first is to address the opening session of a new legislature after a general election.
(ii) The second is to address the first sitting of Parliament each year.
– Statement 2 is incorrect. When the Constitution came into force, the President was required to address each session of Parliament. So, during the provisional Parliament in 1950, President Prasad gave an address before every session. The First Amendment to the Constitution in 1951 changed this position and made the President’s address once a year.

-Statement 1 is correct. Trans fatty acids are created in an industrial process that adds hydrogen to liquid vegetable oils to make them more solid, increase the shelf life of food items and for use as an adulterant as they are cheap.
-Statement 2 is correct. They are present in baked, fried and processed foods as well as adulterated ghee which becomes solid at room temperature.
-Statement 3 is correct. They are the most harmful form of fats as they clog arteries and cause hypertension, heart attacks and other cardiovascular diseases.

– A neural network is a series of algorithms that endeavours to recognize underlying relationships in a set of data through a process that mimics the way the human brain operates. In this sense, neural networks refer to systems of neurons, either organic or artificial in nature. Neural networks can adapt to changing input; so the network generates the best possible result without needing to redesign the output criteria. The concept of neural networks, which has its roots in artificial intelligence, is swiftly gaining popularity in the development of trading systems.

– Statement 1 is incorrect. Insolvency is a situation where individuals or companies are unable to repay their outstanding debt.
– Statement 2 is incorrect. Bankruptcy, on the other hand, is a situation whereby a court of competent jurisdiction has declared a person or other entity insolvent, having passed appropriate orders to resolve it and protect the rights of the creditors. It is a legal declaration of one’s inability to pay off debts.

– Government receipts which either (i) create liabilities (e.g. borrowing) or (ii) reduce assets (e.g. disinvestment) are called capital receipts. Thus when govt. raises funds either by incurring a liability or by disposing off its assets, it is called a capital receipt.
-The examples of Capital Receipts which create liability are Borrowing and raising of funds from Public Provident Fund and Small savings deposits.
-The examples of Capital Receipts which reduce assets are Disinvestment and Recovery of Loans. Disinvestment by government means selling a part or whole of its shares of public sector undertakings. Thus, 1 and 3 are correct.