The purchases through GeM by Government users have been authorized and made mandatory by Ministry of Finance by adding a new Rule No. 149 in the General Financial Rules, 2017. Thus, statement 2 is correct.

Inflation is a condition in which huge money is chasing few goods. If the export is promoted, then the commodity shortage is increased and situation further worsen. In this context, at the time of inflation, essential commodities are imported to tackle the shortage.

In fiscal policy, the government controls inflation either by reducing private spending or by decreasing government expenditure, or by using both.

During the time of inflation, RBI uses tight monetary policies to reduce the supply of money in the economy. Some methods used in such situations are, RBI selling securities, Increasing SLR and CRR etc.

Statement 1 is incorrect.

Export promotion will not help the government to curb the rising inflation.

Statement 2 is correct: No prior reason needs to be stated for its adoption in the Lok Sabha.

"In a significant development, India has decided to provide a financial assistance of $5,00,000 (Rs. 3.2 crore) to the Philippines to aid its fight against the Islamic State (IS)-affiliated terror groups in the troubled Mindanao province. This is the first time India is sending aid to another nation to help it fight terrorism, thereby becoming an important marker in New Delhi's attempts to burnish its credentials as an emerging security provider to the wider Asian region."

Th: The Manila Envelope ; "