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[DAY 16] 60 DAY RAPID REVISION (RaRe) SERIES for UPSC Prelims 2025 HISTORY, CURRENT AFFAIRS & CSAT TEST SERIES!

Hello Friends The 60 Days Rapid Revision (RaRe) Series is IASbaba’s Flagship Initiative recommended by Toppers and loved by the aspirants’ community every year. It is the most comprehensive program which will help you complete the syllabus, revise and practice tests on a daily basis. The Programme on a daily basis includes Daily Prelims MCQs from Static (Monday – Saturday) Daily Static Quiz will cover all the topics of static subjects – Polity, History, Geography, Economics, Environment and Science and technology. 20 questions will be posted daily and these questions are framed from the topics mentioned in the schedule. It will ensure timely and streamlined revision of your static subjects. Daily Current Affairs MCQs (Monday – Saturday) Daily 5 Current Affairs questions, based on sources like ‘The Hindu’, ‘Indian Express’ and ‘PIB’, would be published from Monday to Saturday according to the schedule. Daily CSAT Quiz (Monday – Friday) CSAT has been an Achilles heel for many aspirants. Daily 5 CSAT Questions will be published. Note – Daily Test of 20 static questions, 10 current affairs, and 5 CSAT questions. (35 Prelims Questions) in QUIZ FORMAT will be updated on a daily basis. To Know More about 60 Days Rapid Revision (RaRe) Series – CLICK HERE   60 Day Rapid Revision (RaRe) Series Schedule – CLICK HERE  Important Note Comment your Scores in the Comment Section. This will keep you accountable, responsible and sincere in days to come. It will help us come out with the Cut-Off on a Daily Basis. Let us know if you enjoyed today’s test 🙂  You can post your comments in the given format  (1) Your Score (2) Matrix Meter (3) New Learning from the Test The following Test is based on the syllabus of 60 Days Plan-2025 for UPSC IAS Prelims 2025. Click Here To Take The Test -> Click Here

DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam – 27th March 2025

Archives (PRELIMS & MAINS Focus) INDIA’S BIOECONOMY Syllabus: Mains – CURRENT EVENT Context: A new government report has pegged the value of India’s bioeconomy in 2024 at more than $165 billion, accounting for over 4.2% of the country’s GDP. Background: – The India BioEconomy Report, released by the Department of Biotechnology, says there is ample opportunity for this sector to grow to about $300 billion by 2030, and to $1 trillion by 2047. Key takeaways Bioeconomy refers to the industrial use of biological resources (plants, animals, and microorganisms), and the replication of natural biological processes in the production of goods and services. Bioresources like plants or microorganisms are renewable, relatively cheap, and locally available, while natural processes are more sustainable and eco-friendly. An example is the use of ethanol, produced through fermentation of crops like sugarcane or corn by microorganisms, as an alternative to fossil fuels. Modern biology offers sustainable alternatives to clothes, plastics, construction materials, medicines, and a variety of chemicals. Even in traditional areas of healthcare and agriculture, there is a push for biotechnology. Development of biomedicines, which are derived from bioresources rather than chemicals, and synthetic biology involving the growth of specially-designed microorganisms with desired traits are areas in which biotechnology is playing an increasing role. Growing footprint The report shows that the value of India’s bioeconomy nearly doubled in the last five years, from around $86 billion in 2020 to $165 billion in 2024. The number of companies operating in the bioeconomy has gone up by almost 90% in the last three years, from 5,365 in 2021 to 10,075 in 2024. This number is projected to double again by 2030, employing close to 35 million people, according to the report. Nearly half the value of the bioeconomy (roughly $78 billion) was generated in the industrial sector, for the development and use of biofuels and bioplastics, among other things. The pharma sector accounted for another 35% of the total value, with vaccines the major contributor. But the fastest growing segment in 2024 was research and IT, which includes biotech software development, clinical trials, and bioinformatics that helps in areas such as drug research. The report showed that only five states — Maharashtra, Karnataka, Telangana, Gujarat and Andhra Pradesh — accounted for more than two-thirds of the value generated in the bioeconomy. The entire eastern and northeastern region generated less than 6% of the total value. Maintaining the high growth rates of the past five years in the future will not be easy, the report said. While the 4.2% share in the overall GDP was comparable to figures in the United States and China, the bioeconomy of countries like Spain and Italy accounts for more than 20% of their GDP. BioE3 Policy (2024) – The BioE3 (Biotechnology for Economy, Environment, and Employment) policy aims to: Establish India as a global bio-manufacturing hub with a focus on bio-based chemicals, enzymes, precision biotherapeutics, functional foods, and climate-resilient agriculture. Strengthen research and development through collaboration between universities, research institutions, start-ups, and industries. Promote sustainability by replacing hydrocarbon-based materials with bio-based alternatives. Encourage innovation and private sector participation in biotechnology advancements. Way Forward Regulatory Reforms – Addressing concerns over GM crops and streamlining approval processes. Regional Development – Encouraging bioeconomy growth in underdeveloped regions. Public-Private Collaboration – Boosting investment in research, production, and commercialization of bio-based products. Source: Indian Express STAR IN THE MAKING Syllabus: Prelims & Mains – SCIENCE & TECHNOLOGY Context: The Webb Space Telescope has captured a plume of gas and dust streaming from a star in the making. Background: – The outflow is about 625 light-years from Earth in one of the closest star-forming regions of our Milky Way galaxy, according to NASA. Formation of stars The process of star formation is an extraordinary sequence of events that occurs within massive clouds of gas and dust scattered throughout galaxies, often referred to as molecular clouds or stellar nurseries. Formation of Molecular Clouds Initial Conditions: Star formation begins in regions of dense and cold interstellar gas and dust. These molecular clouds are primarily composed of hydrogen (Hâ‚‚) with traces of helium and heavier elements. Triggering Mechanisms: External events like supernova explosions, galactic collisions, or shockwaves can compress the molecular cloud, initiating the process. Gravitational Collapse Instability: Regions within the cloud become denser over time, leading to local instabilities. Formation of Dense Cores: As gravity overwhelms internal pressure, parts of the cloud collapse into compact, dense clumps known as protostellar cores. Protostar Stage Heating and Rotation: During the collapse, gravitational potential energy converts into heat, increasing the core’s temperature. Conservation of angular momentum causes the core to rotate and form a rotationally flattened disk around it. Accretion Disk: Material from the surrounding envelope spirals inward onto the protostar through the accretion disk, fueling its growth. Ignition of Nuclear Fusion Core Temperature and Pressure: When the protostar’s core temperature rises to approximately 10 million Kelvin, nuclear fusion of hydrogen into helium begins. This marks the birth of a star. Radiative Pressure: The energy generated from fusion creates outward radiative pressure, balancing the inward pull of gravity and halting further collapse. Main Sequence Stage Equilibrium: The star enters the main sequence phase, where it remains in hydrostatic equilibrium for millions to billions of years. During this time, it burns hydrogen in its core, producing energy. Factors Influencing Star Formation Mass of the Star: The amount of material available determines whether the star becomes a low-mass star (like the Sun) or a high-mass star (more massive stars may end their lives as black holes or supernovae). Environmental Conditions: The metallicity (presence of elements heavier than helium) and external forces influence the efficiency of star formation. End States – the lifecycle of a star depends on its initial mass: Low-Mass Stars (e.g., red dwarfs): End as white dwarfs. Medium-Mass Stars (e.g., Sun-like stars): Become red giants before shedding their outer layers as planetary nebulae, leaving behind a white dwarf. High-Mass Stars: Explode as supernovae and may form neutron stars or black holes. Source: AP News RANA SANGA Syllabus: Prelims  – HISTORY Context: Rajasthan Chief Minister Bhajanlal Sharma strongly criticised Samajwadi Party MP Ramji Lal Suman for calling Mewar ruler Rana Sanga a “traitor” and demanded that the Akhilesh Yadav-led party take action against him. Background: Rana Sanga was the Rana of Mewar from 1508 to 1528 CE. He controlled parts of present-day Rajasthan, Gujarat and Madhya Pradesh with his capital at Chittor. Key takeaways Rana Sanga, also known as Maharana Sangram Singh, was a legendary Rajput ruler of Mewar from the Sisodia dynasty. Born in 1482 to Rana Raimal of Mewar. Ascended the throne of Mewar in 1508 after a succession struggle. Faced internal challenges but emerged as a strong and capable ruler. Military Achievements and Battles Expansion of Mewar Consolidated Rajput power by forming alliances with Rajput clans. Defeated Malwa Sultan Mahmud Khalji II, expanding his territory. Fought against Gujarat Sultan Muzaffar Shah II and Lodhi rulers of Delhi. Battle of Khatoli (1518) – Defeated Ibrahim Lodi, capturing key territories in Rajasthan and Madhya Pradesh. Battle of Dholpur (1519) – Once again defeated Ibrahim Lodi, increasing his influence in North India. Battle of Khanwa (1527) –  The most famous battle of his career, fought against Babur, the founder of the Mughal Empire. Rana Sanga led a massive Rajput confederacy but was defeated due to Babur’s use of gunpowder, artillery, and superior tactics. The defeat marked the beginning of Mughal dominance in India. After the defeat at Khanwa, he attempted to regroup but was allegedly poisoned by his own nobles in 1528, who feared another battle with the Mughals. Source: The Hindu INDIAN OCEAN RIM ASSOCIATION (IORA) Syllabus: Prelims – CURRENT EVENT Context: India is set to chair the Indian Ocean Rim Association (IORA) starting November  2025. Background: – As IORA chair for the next two years, India will have three priorities: creating funding opportunities to enlarge IORA’s budget; integrating technology for data management and policy analysis, and creating maritime-ready courses with academic and research institutions using collaborations. Key takeaways  The Indian Ocean Rim Association (IORA) is an intergovernmental organization established in 1997 to foster regional cooperation and sustainable development among countries bordering the Indian Ocean. It plays a pivotal role in addressing shared challenges and opportunities in the region. Key Features Member States: IORA consists of 23 member countries, including India, Australia, South Africa, Indonesia, and the United Arab Emirates, among others. It also has 12 dialogue partners, such as the USA, China, and the European Union. Headquarters: The IORA Secretariat is located in Ebene, Mauritius. IORA’s apex body is the Council of Foreign Ministers (COM) which meets annually. Objectives: Promote sustainable growth and balanced development in the region. Enhance regional cooperation in areas like trade, investment, and social development. Address challenges such as maritime security, disaster risk management, and climate change. IORA focuses on six priority areas: Maritime Safety and Security: Ensuring safe and secure maritime trade routes. Trade and Investment Facilitation: Promoting economic integration and trade partnerships. Fisheries Management: Sustainable use of marine resources. Disaster Risk Management: Enhancing regional resilience to natural disasters. Academic and Science Cooperation: Encouraging research and innovation. Tourism and Cultural Exchanges: Promoting regional tourism and cultural understanding. Source: The Hindu NON-PERFORMING ASSETS (NPA) Syllabus: Prelims – ECONOMY Context: Non-performing assets of banks at multi-year low, says Finance Minister Nirmala Sitharaman Background: – FM reveals that the gross NPAs (Non-Performing Assets) of scheduled commercial banks have reached a multi-year low of 2.5% in September 2024. Public sector banks have also reported their highest-ever net profit of ₹1.41 lakh crores in the previous financial year, with expectations for even greater growth in the coming year.  Key takeaways Non-Performing Assets (NPA) refer to loans and advances that cease to generate income for banks because the borrower fails to repay principal or interest for a specified period. Definition of NPA (As per RBI) – A loan is classified as an NPA if interest or principal remains overdue for more than 90 days in the case of: Term loans – When interest or principal is unpaid for over 90 days. Overdraft & Cash Credit – If outstanding balance remains over the sanctioned limit for 90+ days. Agricultural loans – If the principal/interest remains unpaid for two crop seasons (short-term) or one season (long-term). Categories of NPAs Substandard Assets – Loans that remain NPA for less than 12 months. Doubtful Assets – Loans that remain NPA for more than 12 months. Loss Assets – Loans that are unrecoverable, though officially not written off. Causes of NPAs Internal Factors Poor credit appraisal by banks. Mismanagement of funds by borrowers. Wilful default by corporate borrowers. Lack of proper monitoring and follow-ups. External Factors Economic slowdown affecting businesses. Policy bottlenecks leading to delays in projects. Global financial crises reducing export earnings. Natural calamities impacting agricultural loans. Impact of NPAs on Economy Reduces Bank Profitability – Banks earn lower interest income. Affects Credit Availability – Banks hesitate to lend, slowing economic growth. Erodes Investor Confidence – Weak balance sheets discourage investment. Burden on Taxpayers – Government may need to recapitalize public sector banks. Measures to Tackle NPAs Legislative & Regulatory Measures SARFAESI Act (2002) – Allows banks to recover loans by auctioning assets. Insolvency and Bankruptcy Code (IBC), 2016 – Fast-tracks resolution of stressed assets. RBI’s Prompt Corrective Action (PCA) Framework – Imposes restrictions on weak banks. Institutional Mechanisms Asset Reconstruction Companies (ARCs) – Buy NPAs from banks and manage recovery. Bad Bank (NARCL, 2021) – Aims to take over NPAs and resolve them efficiently. Bank-Level Reforms Strengthening credit appraisal & risk management. Encouraging loan restructuring and one-time settlement schemes. Source: Business Today Practice MCQs Daily Practice MCQs Q1.) Which Sultan of Delhi did Rana Sanga defeat in the Battle of Khatoli (1518)? a) Alauddin Khilji b) Ibrahim Lodi c) Balban d) Sher Shah Suri   Q2.) Which of the following is NOT a member of IORA? a) India b) China c) Australia d) South Africa   Q3.) Which of the following is a key reason for rising NPAs in India? a) Economic slowdown b) Poor credit appraisal by banks c) Wilful defaults by corporate borrowers d) All of the above Comment the answers to the above questions in the comment section below!! ANSWERS FOR ’  Today’s – Daily Practice MCQs’ will be updated along with tomorrow’s Daily Current Affairs ANSWERS FOR  26th March  – Daily Practice MCQs Answers- Daily Practice MCQs Q.1) – c Q.2) – c Q.3) – b

DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam – 26th March 2025

Archives (PRELIMS & MAINS Focus) VIKRAMSHILA UNIVERSITY Syllabus: Prelims – HISTORY Context: A decade after Nalanda University came up in the foothills of Rajgir, work is on to revive another ancient centre of learning in Bihar — Vikramshila. Background: – The ASI has been developing the ancient Vikramshila University site since December to boost tourism, while the Bihar government recently allocated 202.14 acres in Antichak, Bhagalpur, for the proposed Central University. Despite the Centre’s 2015 approval and a ₹500 crore sanction, the project had stalled due to land allocation delays. Key takeaways Vikramshila University was an ancient center of learning established during the Pala Empire in medieval India. It was renowned for its focus on Buddhist education, particularly the Vajrayana sect of Mahayana Buddhism. Key Facts: Founded by: Dharmapala (c. 8th–9th century), a ruler of the Pala Dynasty. Location: Present-day Bhagalpur, Bihar. Notable Scholars: Atisha Dipankara Srijnana – A key Buddhist scholar who spread Vajrayana Buddhism to Tibet. It had a rigorous selection process for scholars and focused on Buddhist philosophy, logic, grammar, and metaphysics. Supported by Pala rulers, who were great patrons of Buddhism. Destroyed by: Bakhtiyar Khilji in 1203 CE, during the Turkish invasions, along with Nalanda and Odantapuri universities. Comparison with Nalanda While Nalanda university flourished from the Gupta Period (320-550 AD) to the 12th Century, Vikramshila thrived during the Pala Period (8th to 12th century).  While Nalanda got more international fame for teaching varied disciplines, Vikramshila was the only university that specialised in tantric and occult studies. In fact, during Dharmapala’s reign, Vikramshila reigned supreme and is known to have controlled Nalanda’s affairs as well. At its peak, subjects such as theology, philosophy, grammar, metaphysics and logic were taught at Vikramshila. But the most important branch of learning were the tantras because Vikramshila flourished in the days of tantricism, when occult sciences and magic were subjects of study both in Buddhism as well as Hinduism. While Nalanda is the older of the two universities, at one point, the two centres of learning, who had a common patron in King Dharmapala, exchanged knowledge and even teachers, who were called Acharyas. Source: Indian Express NATIONAL ORGAN AND TISSUE TRANSPLANT ORGANISATION Syllabus: Prelims & Mains – CURRENT EVENT Context: The Union Government has expressed “serious concern” over hospitals not sharing data on organ transplantation activities with the Ministry of Health and Family Welfare. Background: – In a communication sent to Health Secretaries of all States/Union Territories, the National Organ and Tissue Transplant Organisation (NOTTO), which functions under the Directorate General of Health Services, called for urgent intervention of the competent authority to check the non-compliance of the transplant hospitals in updating the organ transplantation data which was undermining the purpose of the National Transplant Registry. Key takeaways The National Organ and Tissue Transplant Organisation (NOTTO) is India’s apex body responsible for overseeing organ donation, procurement, and transplantation. It functions under the Ministry of Health and Family Welfare (MoHFW). Headquarters: New Delhi Governing Law: Transplantation of Human Organs and Tissues Act (THOTA), 1994 (amended in 2011) Objectives of NOTTO: Promote organ donation awareness in India Ensure equitable distribution of organs Maintain a national registry of organ donors and recipients Coordinate organ and tissue transplant activities across India Set guidelines for organ transplantation and procurement Structure of NOTTO: – It operates at three levels: National Level – NOTTO (New Delhi) Manages the National Organ and Tissue Donation and Transplant Registry Coordinates inter-state organ allocation Promotes national policies and awareness Regional Level – ROTTOs (Regional Organ and Tissue Transplant Organizations) 5 ROTTOs covering North, South, East, West, and Northeast India Coordinate between NOTTO and SOTTOs State Level – SOTTOs (State Organ and Tissue Transplant Organizations) Implement organ donation and transplant programs at the state level Register hospitals and maintain state donor lists Types of Organ Donations Regulated by NOTTO: Living Donor Transplantation: A living person donates an organ (e.g., kidney, liver segment). Deceased Donor Transplantation: Organs retrieved from brain-dead patients. Source: The Hindu PRIORITY SECTOR LENDING Syllabus: Prelims & Mains – ECONOMY Context: The Reserve Bank issued revised guidelines on Priority Sector Lending (PSL) to facilitate better targeting of bank credit to the priority sectors of the economy. The new guidelines will come into effect from April 1, 2025, the RBI said. Background: The major changes include the enhancement of several loan limits, including housing loans for enhanced PSL coverage, and the broadening of the purposes based on which loans may be classified under ‘renewable energy.’ There is also a revision of the overall PSL target for urban cooperative banks (UCBs) to 60% of Adjusted Net Bank Credit (ANBC) or Credit Equivalent of Off-Balance Sheet Exposures (CEOBSE), whichever is higher. The revised norms also expand the list of eligible borrowers under the category of Weaker Sections. Key takeaways Priority Sector Lending (PSL) is a policy initiative by the Reserve Bank of India (RBI) aimed at ensuring that certain sectors of the economy receive adequate credit. These sectors are considered crucial for economic development and include agriculture, micro, small, and medium enterprises (MSMEs), education, housing, renewable energy, and weaker sections of society. Key Features of PSL Targets: Banks are required to allocate a specific percentage of their Adjusted Net Bank Credit (ANBC) or Credit Equivalent of Off-Balance Sheet Exposures (CEOBSE) to priority sectors. For example, commercial banks must allocate 40% of their ANBC to PSL. Categories: PSL covers various categories such as: Agriculture: Loans for farmers, agricultural infrastructure, and allied activities. MSMEs: Credit for small businesses and startups. Export Credit: Loans to exporters. Education: Loans for students pursuing higher education. Housing: Loans for affordable housing projects. Renewable Energy: Financing for solar, wind, and other clean energy projects. Weaker Sections: Loans for economically disadvantaged groups. Monitoring and Penalties: Banks are monitored for compliance, and penalties are imposed for failing to meet PSL targets. Source: Money Control FINANCIAL ACTION TASK FORCE (FATF) Syllabus: Prelims – CURRENT EVENT Context: The Financial Action Task Force (FATF) Private Sector Collaborative Forum (PSCF) 2025 will be held from 25th -27th March, 2025, in Mumbai. Background: – The forum is being hosted by the Reserve Bank of India (RBI) and the Department of Revenue, Ministry of Finance, Government of India, reaffirming India’s responsible leadership in global efforts to combat money laundering and terrorist financing. Key takeaways  The Financial Action Task Force (FATF) is an intergovernmental organization established to combat money laundering (ML), terrorist financing (TF), and other financial crimes at the global level. Established: 1989 (G7 Summit) to combat money laundering (ML). Headquarters: Paris, France. Membership: 39 countries (including India) + 2 regional organizations (EU, GCC). India became a member in 2010. Key Functions of FATF Sets International Standards to combatant money laundering and terror financing Monitors Compliance: Conducts Mutual Evaluations (peer reviews) of member countries. Rates countries as Compliant (C), Largely Compliant (LC), Partially Compliant (PC), or Non-Compliant (NC). Identifies High-Risk Jurisdictions: Grey List: Countries with strategic deficiencies (e.g., Pakistan, Syria). Black List: Non-cooperative nations (e.g., North Korea, Iran). Issues reports on cryptocurrencies, hawala, and NGOs misused for terror funding. FATF maintains two types of lists to monitor countries with weak AML/CFT laws: Grey List (Increased Monitoring List) Countries placed here have deficiencies in AML/CFT measures but are cooperating with FATF. These nations face economic scrutiny & restrictions from international financial institutions. Example: Pakistan was on the Grey List (2018–2022). Black List (High-Risk Jurisdictions) Countries that fail to curb money laundering & terror financing. Severe economic sanctions & restrictions are imposed. Current Blacklisted Countries: North Korea, Iran, Myanmar. Source: PIB BLUE FLAG TAG Syllabus: Prelims – ENVIRONMENT Context: Rushikonda Beach in Visakhapatnam wins back Blue Flag tag. Background: – The Blue Flag tag was temporarily withdrawn by the Denmark-based Foundation for Environment Education (FEE) after it received complaints of poor maintenance of amenities at Rushikonda. Key takeaways The Blue Flag Certification is an internationally recognized eco-label awarded to beaches, marinas, and sustainable boating tourism operators that meet high environmental, educational, safety, and accessibility standards. It is managed by the Foundation for Environmental Education (FEE), a Denmark-based non-profit organization. Validity: One year (renewable based on compliance) Criteria for Blue Flag Certification: To receive the Blue Flag Tag, a beach/marina must comply with 33 criteria under four categories: Environmental Education & Information Displaying Blue Flag information Conducting environmental awareness activities Water Quality No industrial or sewage discharge Regular water testing Environmental Management Waste disposal & recycling systems Prohibiting activities harming ecosystems Safety & Services Availability of lifeguards, first-aid stations, and clean toilets Accessibility for differently-abled visitors Source: New Indian Express Practice MCQs Daily Practice MCQs Q1.) Consider the following statements regarding the Blue Flag Certification: It is awarded by the United Nations Environment Programme (UNEP). The certification is valid for a period of five years. India’s BEAMS program is linked to Blue Flag Certification. Which of the statements given above is/are correct? (a) 1 and 2 only (b) 2 and 3 only (c) 3 only (d) 1, 2, and 3   Q2.) In the context of Priority Sector Lending (PSL), which of the following is NOT classified as a priority sector by the RBI? (a) Agriculture (b) Micro, Small & Medium Enterprises (MSMEs) (c) Real Estate Development (d) Renewable Energy   Q3.) Which of the following countries are currently on the FATF Blacklist ? (a) Pakistan and Afghanistan (b) Iran and North Korea (c) Russia and Syria (d) Venezuela Comment the answers to the above questions in the comment section below!! ANSWERS FOR ’  Today’s – Daily Practice MCQs’ will be updated along with tomorrow’s Daily Current Affairs ANSWERS FOR  24th March  – Daily Practice MCQs Answers- Daily Practice MCQs Q.1) – b Q.2) – b Q.3) – a

[DAY 15] 60 DAY RAPID REVISION (RaRe) SERIES for UPSC Prelims 2025 HISTORY, CURRENT AFFAIRS & CSAT TEST SERIES!

Hello Friends The 60 Days Rapid Revision (RaRe) Series is IASbaba’s Flagship Initiative recommended by Toppers and loved by the aspirants’ community every year. It is the most comprehensive program which will help you complete the syllabus, revise and practice tests on a daily basis. The Programme on a daily basis includes Daily Prelims MCQs from Static (Monday – Saturday) Daily Static Quiz will cover all the topics of static subjects – Polity, History, Geography, Economics, Environment and Science and technology. 20 questions will be posted daily and these questions are framed from the topics mentioned in the schedule. It will ensure timely and streamlined revision of your static subjects. Daily Current Affairs MCQs (Monday – Saturday) Daily 5 Current Affairs questions, based on sources like ‘The Hindu’, ‘Indian Express’ and ‘PIB’, would be published from Monday to Saturday according to the schedule. Daily CSAT Quiz (Monday – Friday) CSAT has been an Achilles heel for many aspirants. Daily 5 CSAT Questions will be published. Note – Daily Test of 20 static questions, 10 current affairs, and 5 CSAT questions. (35 Prelims Questions) in QUIZ FORMAT will be updated on a daily basis. To Know More about 60 Days Rapid Revision (RaRe) Series – CLICK HERE   60 Day Rapid Revision (RaRe) Series Schedule – CLICK HERE  Important Note Comment your Scores in the Comment Section. This will keep you accountable, responsible and sincere in days to come. It will help us come out with the Cut-Off on a Daily Basis. Let us know if you enjoyed today’s test 🙂  You can post your comments in the given format  (1) Your Score (2) Matrix Meter (3) New Learning from the Test The following Test is based on the syllabus of 60 Days Plan-2025 for UPSC IAS Prelims 2025. Click Here To Take The Test -> Click Here

[DAY 14] 60 DAY RAPID REVISION (RaRe) SERIES for UPSC Prelims 2025 POLITY, CURRENT AFFAIRS & CSAT TEST SERIES!

Hello Friends The 60 Days Rapid Revision (RaRe) Series is IASbaba’s Flagship Initiative recommended by Toppers and loved by the aspirants’ community every year. It is the most comprehensive program which will help you complete the syllabus, revise and practice tests on a daily basis. The Programme on a daily basis includes Daily Prelims MCQs from Static (Monday – Saturday) Daily Static Quiz will cover all the topics of static subjects – Polity, History, Geography, Economics, Environment and Science and technology. 20 questions will be posted daily and these questions are framed from the topics mentioned in the schedule. It will ensure timely and streamlined revision of your static subjects. Daily Current Affairs MCQs (Monday – Saturday) Daily 5 Current Affairs questions, based on sources like ‘The Hindu’, ‘Indian Express’ and ‘PIB’, would be published from Monday to Saturday according to the schedule. Daily CSAT Quiz (Monday – Friday) CSAT has been an Achilles heel for many aspirants. Daily 5 CSAT Questions will be published. Note – Daily Test of 20 static questions, 10 current affairs, and 5 CSAT questions. (35 Prelims Questions) in QUIZ FORMAT will be updated on a daily basis. To Know More about 60 Days Rapid Revision (RaRe) Series – CLICK HERE   60 Day Rapid Revision (RaRe) Series Schedule – CLICK HERE  Important Note Comment your Scores in the Comment Section. This will keep you accountable, responsible and sincere in days to come. It will help us come out with the Cut-Off on a Daily Basis. Let us know if you enjoyed today’s test 🙂  You can post your comments in the given format  (1) Your Score (2) Matrix Meter (3) New Learning from the Test The following Test is based on the syllabus of 60 Days Plan-2025 for UPSC IAS Prelims 2025. Click Here To Take The Test -> Click Here

DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam – 25th March 2025

Archives (PRELIMS & MAINS Focus) HEAT ACTION PLANS (HAPS) Syllabus: Prelims & Mains – CURRENT EVENT Context: Most of the heat action plans (HAPs) put forth by multiple Indian cities lack long-term strategies to tackle the growing threat of extreme heat in the country, a new study has found. It also said that the cities having such strategies did not implement them effectively. Background: – The study, ‘Is India Ready for a Warming World? How Heat Resilience Measures Are Being Implemented for 11% of India’s Urban Population in Some of Its Most At-Risk Cities’, was carried out by the Sustainable Futures Collaborative (SFC), a New Delhi-based research organisation. Key takeaways A heat action plan is essentially an early warning system and preparedness plan for extreme heat events. The Plan presents immediate as well as longer-term actions to increase preparedness, information-sharing, and response coordination to reduce the health impacts of extreme heat on vulnerable populations. In response to a Lok Sabha question, Minister of Science and Technology and Minister of Earth Sciences had said that the National Disaster Management Authority (NDMA) was implementing HAPs in 23 states that were prone to heatwave conditions, in collaboration with state authorities. The response also showed that between 2020 and 2022, deaths due to heat stroke had increased in the country. While the number stood at 530 in 2020, it jumped to 730 in 2022. However, in 2024, it came down to 269 suspected heatstroke deaths and 161 confirmed heatstroke deaths, according to the NDMA. How was the new study carried out? For their analysis, the researchers identified cities with populations over 1 million (based on the 2011 Census) that were expected to experience the largest increases in dangerous heat index values, which combine temperature and humidity, relative to their recent historical average. These cities were Bengaluru, Delhi, Faridabad, Gwalior, Kota, Ludhiana, Meerut, Mumbai, and Surat. The researchers conducted interviews with government officials responsible for implementing heat actions in these nine cities. They also interviewed representatives from disaster management, health, city planning, labour departments, as well as city and district administrators. What did the study find? The analysis found that although all the nine cities had short-term emergency measures — such as access to drinking water and changing work schedules — long-term actions were either entirely absent or poorly implemented. Long-term measures such as “making household or occupational cooling available to the most heat-exposed, developing insurance cover for lost work, expanding fire management services for heat waves, and electricity grid retrofits to improve transmission reliability and distribution safety” were missing in all the cities, the study said. The cities implemented actions like the expansion of urban shade and green cover and the creation of open spaces that dissipate without focusing on populations and areas that experience the greatest heat risk, according to the analysis. It also noted that the long-term strategies being implemented focus largely on the health system, and not on the prevention. The study highlighted that there was a requirement that more funding was required to implement long-term actions. Source: Indian Express JUDICIARY’S IN-HOUSE INQUIRY AGAINST JUDGE Syllabus: Prelims & Mains – POLITY Context: Chief Justice of India (CJI) Sanjiv Khanna initiated an unprecedented three-member in-house inquiry into the conduct of Delhi High Court judge Justice Yashwant Varma following allegations that wads of currency notes were found in his official residence where a fire broke out on March 14. Background: – The internal inquiry of the judiciary follows a process that is distinct from that of impeachment under the Constitution. Key takeaways The process of impeachment of a judge of the Supreme Court is laid down in Article 124(4) of the Constitution of India. Article 218 says the same provisions shall apply in relation to a judge of the High Court. Under Article 124(4), a judge can be removed by Parliament through a laid-down procedure on only two grounds: “proved misbehaviour” and “incapacity”. For an impeachment motion against an SC or HC judge to be accepted, at least two-thirds of those “present and voting” in both Lok Sabha and Rajya Sabha must vote in favour of removing the judge — and the number of votes in favour must be more than 50% of the “total membership” of each House. If Parliament passes such a vote, the President will pass an order for the removal. In-house procedure The need for an internal mechanism was felt in 1995, after allegations of financial impropriety surfaced against then Bombay High Court Chief Justice A M Bhattacharjee. After the Bombay Bar Association moved a resolution calling for the judge’s resignation, a writ petition was filed before the Supreme Court seeking to restrain the Bar from protesting. While hearing the case, SC noted there was no process to hold a judge accountable for “bad conduct inconsistent with the high office”, when such conduct did not meet the high bar of impeachment set by Article 124 of the Constitution. To fill the gap, the SC decided to formulate an in-house procedure. SC constituted a five-member committee to devise the procedure “for taking suitable remedial action against judges, who by their acts of omission or commission, do not follow the accepted values of judicial life, including the ideals expressed by the Supreme Court in the Restatement of Values of Judicial Life”. The committee submitted its report in 1997. It was adopted with amendments in a full court meeting of the SC in 1999. Process revisited in 2014 In 2014, when a woman additional district and sessions judge from Madhya Pradesh filed a complaint of sexual harassment against a sitting judge of the High Court, the SC revisited its in-house procedure. SC summarised and explained this process through “seven steps” (Additional District and Sessions Judge ‘X’ v. Registrar General High Court of Madhya Pradesh). Essentially, this process begins when the Chief Justice of a HC, the CJI, or the President of India receives a complaint. The CJ of the HC or the President will forward the complaint to the CJI. This complaint can be dropped at any stage, if not found serious enough by the CJI. However, to test the veracity of the complaint, the CJI can seek a preliminary report from the CJ of the HC concerned. If the CJ of the HC, in the preliminary report, recommends a “deeper probe”, the CJI may examine the recommendation and the statement of the judge facing the accusations, and then decide to order a three-member inquiry, comprising two other HC Chief Justices and one HC judge. Once the inquiry has been concluded, the committee will submit its report to the CJI. This report must state whether: There is any substance to the allegations against the concerned judge and, If there is sufficient substance to the allegations, whether they are serious enough that they require initiation of removal proceedings against the judge. If the committee concludes that the misconduct is not serious enough to warrant removal proceedings, the CJI may “advise” the judge concerned, and direct that the committee’s report be placed on record. If the committee decides that the allegations are serious enough to initiate removal proceedings, the CJI will advise the concerned judge to resign or retire voluntarily. If the judge does not accept, the CJI will direct the HC Chief Justice not to assign any judicial work to said judge. If the judge does not abide by the CJI’s advice to resign or retire, the CJI will inform the President and the Prime Minister of the committee’s finding that removal proceedings should be initiated. Source: Indian Express RAILWAYS LIKELY TO SHELVE MEGHALAYA PROJECTS Syllabus: Prelims  & Mains – CURRENT EVENT  Context: After years of opposition by Khasi pressure groups against rail connectivity to Byrnihat in the Khasi Hills – and subsequently, the state capital Shillong – the Indian Railways is ready to shelve pending railway line projects to these two key locations. Background: With this, Shillong will become the only state capital in the country without railway connectivity or an active ongoing rail project underway. New protests have now cropped up in the state’s Jaintia Hills against a recently sanctioned project to bring a railway line to Jowai, the biggest town in the Jaintia Hills. Key takeaways Meghalaya has only one railway station, at Mendipathar in the North Garo Hills, which became operational in 2014. Passenger trains ply between Guwahati and Mendipathar daily, and the station received its first freight shipment last month. Apart from this, the Northeast Frontier Railways (NFR) had three more projects in the state. Tetelai-Byrnihat Line The first is a 21.5-kilometre line connecting Tetelia railway station in Assam to Byrnihat in Meghalaya’s Ri Bhoi district. This had been sanctioned in 2010. In the Tetelia-Byrnihat line, all the work on the 19 km line on the Assam side has been completed. Because of the local opposition, the Railways is considering terminating this line at the Assam border itself. Byrnihat-Shillong The second project, sanctioned in 2011, is for a 108.76 km line from Byrnihat to Shillong with 10 stations. In 2017, the Indian Railways granted Meghalaya Rs. 209.37 crore for land acquisition for these two (Tetelai-Byrnihat Line and Byrnihat-Shillong) projects. However, opposition from the Khasi Students’ Union (KSU) has left the project in limbo indefinitely. Chandranathpur to Jowai A third project, approved in 2023, would connect Chandranathpur station in Assam to Jowai in the East Khasi Hills. The project is at an initial survey stage, but is already facing opposition from Jaintia pressure groups. But why are groups opposing these projects? The KSU has opposed the entry of railways into the Khasi Hills since the 1980s. The stated reason has remained the same to this date: that the railways will bring about a huge influx of “outsiders” into the state. A long-standing demand has been the introduction of the Inner Line Permit (ILP) Regime in the state, already in place in neighbouring Arunachal Pradesh, Nagaland, Mizoram, and most recently, Manipur.  The ILP is an official travel document issued by the respective state, authorising the travel of an Indian citizen into a “protected area” for a limited period. An Indian citizen who does not belong to these states cannot stay beyond the time period specified in the ILP. The groups spearheading the opposition are holding this issue as a bargaining chip to demand the ILP. But the public is quite indifferent.  The Railways is crucial for the economic viability of the state where 75% of the population depends on small patchy agriculture and the rest is a service economy. There is an inflation in the prices of goods because of transport by road. The railways could help mobilise productivity and bring prices down. Source: Indian Express LAPIS LAZULI Syllabus: Prelims – CURRENT EVENT Context: A recent article in Hindu talks about Lapis Lazuli. Background: – Lapis lazuli has been found in many countries but the highest quality rock comes from Afghanistan’s Badakhshan province. Key takeaways  Lapis Lazuli is a deep-blue metamorphic rock prized for its intense color and historical significance. It is primarily composed of the mineral lazurite, along with calcite, pyrite, and other minerals. Historical Name – Sanskrit: Rajavarta (“king’s gem”) Key Features Color: Deep royal blue (intensity of the blue depends on the amount of sulfur in lazurite) with golden specks (due to pyrite inclusions). Composition: Primarily lazurite, with calcite (white) and pyrite (golden flecks). Hardness: 5–5.5 on the Mohs scale (relatively soft). Geological Formation: Found in metamorphic limestone deposits. Major Sources Afghanistan: The finest quality, especially from the Sar-e-Sang mines in Badakhshan (used since ancient times). Chile: Lower-grade material with more calcite. Russia: Lake Baikal region. Other locations: Pakistan, Myanmar, Italy, and the USA. Historical Importance Traded via the Silk Road to Egypt, Mesopotamia, and India. Afghanistan’s lapis lazuli reached Harappan cities (evidence from Lothal). Source: The Hindu URBAN HEAT ISLAND Syllabus: Prelims & Mains – ENVIRONMENT Context: In recent years, Hyderabad has become an Urban Heat Island (UHI), experiencing higher temperatures than surrounding rural areas. The Telangana government acknowledged this in its Socio Economic Outlook 2025 report.  Background: – This situation raises concerns not only for climate conditions but also for public health, as hot nights hinder recovery from day time heat, leading to extended physical stress. Key takeaways An Urban Heat Island (UHI) is a phenomenon where urban areas experience higher temperatures than surrounding rural areas due to human activities and urbanization. Causes of UHI Reduced Vegetation: Less greenery leads to less cooling through evapotranspiration. Heat Absorption by Buildings & Roads: Concrete, asphalt, and glass trap and retain heat. Waste Heat Emission: From air conditioners, vehicles, and industries. Altered Wind Patterns: High-rise buildings obstruct natural airflow, reducing cooling. Air Pollution: Smog and pollutants trap heat, enhancing the greenhouse effect. Effects of UHI Increased Energy Demand: Higher use of air conditioning raises electricity consumption. Health Issues: Heat-related illnesses, dehydration, and respiratory problems. Reduced Air Quality: Higher temperatures worsen air pollution and smog formation. Water Stress: Increased evaporation and water demand. Impact on Biodiversity: Heat stress affects urban flora and fauna. Mitigation Strategies Increasing Green Cover: Planting trees, rooftop gardens, and urban forests.   Cool Roofs & Reflective Materials: Using light-colored or reflective surfaces to reduce heat absorption. Sustainable Urban Planning: Reducing vehicular emissions and promoting public transport. Water Bodies & Green Spaces: Creating urban lakes and parks for natural cooling. Improving Ventilation: Designing open spaces for better airflow in cities. Source: New Indian Express Practice MCQs Daily Practice MCQs Q1.) Consider the following statements regarding Lapis Lazuli: It is primarily composed of the mineral lazurite, along with calcite and pyrite. The best-quality Lapis Lazuli is found in Chile. Lapis Lazuli was traded via the Silk Road and reached the Harappan cities. Which of the statements given above is/are correct? (a) 1 and 2 only (b) 1 and 3 only (c) 2 and 3 only (d) 1, 2, and 3   Q2.) With reference to the Urban Heat Island (UHI) effect, consider the following causes: Increased vegetation cover in urban areas High-rise buildings obstructing natural wind flow Excessive use of concrete and asphalt in cities Emission of waste heat from industries and vehicles Which of the above factors contribute to the Urban Heat Island effect? (a) 1, 2, and 3 only (b) 2, 3, and 4 only (c) 1, 3, and 4 only (d) 1, 2, 3, and 4   Q3.) With reference to the impeachment of judges in India, consider the following statements: A judge of the Supreme Court or High Court can be removed from office only on grounds of “proven misbehavior” or “incapacity.” The process of impeachment is mentioned under Article 356 of the Indian Constitution. For a motion of impeachment to be successful, it must be passed by a simple majority in both Houses of Parliament. Which of the statements given above is/are correct? (a) 1 only (b) 1 and 2 only (c) 1 and 3 only (d) 1, 2, and 3 Comment the answers to the above questions in the comment section below!! ANSWERS FOR ’  Today’s – Daily Practice MCQs’ will be updated along with tomorrow’s Daily Current Affairs ANSWERS FOR  24th March  – Daily Practice MCQs Answers- Daily Practice MCQs Q.1) – d Q.2) – b Q.3) – a

[DAY 13] 60 DAY RAPID REVISION (RaRe) SERIES for UPSC Prelims 2025 POLITY, CURRENT AFFAIRS & CSAT TEST SERIES!

Hello Friends The 60 Days Rapid Revision (RaRe) Series is IASbaba’s Flagship Initiative recommended by Toppers and loved by the aspirants’ community every year. It is the most comprehensive program which will help you complete the syllabus, revise and practice tests on a daily basis. The Programme on a daily basis includes Daily Prelims MCQs from Static (Monday – Saturday) Daily Static Quiz will cover all the topics of static subjects – Polity, History, Geography, Economics, Environment and Science and technology. 20 questions will be posted daily and these questions are framed from the topics mentioned in the schedule. It will ensure timely and streamlined revision of your static subjects. Daily Current Affairs MCQs (Monday – Saturday) Daily 5 Current Affairs questions, based on sources like ‘The Hindu’, ‘Indian Express’ and ‘PIB’, would be published from Monday to Saturday according to the schedule. Daily CSAT Quiz (Monday – Friday) CSAT has been an Achilles heel for many aspirants. Daily 5 CSAT Questions will be published. Note – Daily Test of 20 static questions, 10 current affairs, and 5 CSAT questions. (35 Prelims Questions) in QUIZ FORMAT will be updated on a daily basis. To Know More about 60 Days Rapid Revision (RaRe) Series – CLICK HERE   60 Day Rapid Revision (RaRe) Series Schedule – CLICK HERE  Important Note Comment your Scores in the Comment Section. This will keep you accountable, responsible and sincere in days to come. It will help us come out with the Cut-Off on a Daily Basis. Let us know if you enjoyed today’s test 🙂  You can post your comments in the given format  (1) Your Score (2) Matrix Meter (3) New Learning from the Test The following Test is based on the syllabus of 60 Days Plan-2025 for UPSC IAS Prelims 2025. Click Here To Take The Test -> Click Here

DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam – 24th March 2025

Archives (PRELIMS & MAINS Focus) WORLD’S MOUNTAIN RANGES AND GLOBAL WARMING Syllabus: Prelims & Mains – ENVIRONMENT Context: Soaring temperatures are leading to rapid and largely irreversible changes in the mountain ranges of the world, according to a new UNESCO report. Background: – The ‘The United Nations World Water Development Report 2025 – Mountains and glaciers: Water towers’ was released to mark the first-ever World Day for Glaciers on March 21. Key takeaways Glacier Melting Glaciers are disappearing faster than ever, with the last three-year period seeing the largest glacial mass loss on record.  Scientists measure the state of a glacier by measuring how much snow falls on it and how much melt occurs every year, according to the World Glacier Monitoring Service (WGMS). Since 1975, glaciers, which do not include the Greenland and Antarctica ice sheets, have lost more than 9,000 billion tonnes of mass. Warmer temperatures are not the sole cause of glacier melting. Increased wildfires and dust storms deposit black carbon and particulates on ice, darkening surfaces and enhancing solar radiation absorption. This alters the surface energy balance, accelerating melt rates, especially in high solar radiation areas, as noted in the UNESCO report. Accelerating Permafrost Thaw Permafrost is any ground that stays frozen — 0 degrees Celsius or lower — for at least two years straight.  Rising temperatures are melting permafrost rapidly. Mountain soils with permafrost contain approximately 4.5% of the global soil organic carbon, according to the UNESCO report. As the permafrost thaws, this organic carbon is released into the atmosphere, exacerbating climate change. Moreover, permafrost in mountain regions also stabilises rock slopes, moraines (material left behind by a moving glacier), and debris-covered slopes. However, due to permafrost melting, slopes become more vulnerable to erosion, increasing the risk of landslides and other hazards. Decline In Snow Cover:  According to the UNESCO report, snow cover in nearly all mountain regions has reduced, especially in spring and summer, with an expected further decrease in the coming decades. Snow cover is the total of all the snow and ice on the ground. It includes new snow and previous snow and ice that have not melted. Erratic Snowfall Patterns:  In some regions, the elevation at which rainfall transitions to snowfall is shifting upwards due to atmospheric warming, the UNESCO report says. “Lower elevations and warmer climates are therefore undergoing greater decreases in snow cover depth and duration,” the report added. Some mountain ranges are experiencing an increase in rainfall over snowfall, shorter snow duration, earlier snowmelt, and a reduction in snow-covered areas. Why is this significant? Mountains, which cover 33 million sq km of the Earth’s surface, are crucial for sustaining life. For instance, around 2 billion people downstream depend on mountains for freshwater resources from melting glaciers. “Water flows from mountains will become more erratic, uncertain and variable. Changes in the timing and volume of peak and low flow periods, increased erosion and sediment loads will affect water resources downstream, in terms of quantity, timing and quality,” the UNESCO report said. Glacier melting and permafrost thaw also increase the risk of glacial lake outburst floods (GLOFs). GLOFs are sudden and catastrophic floods caused by the failure of natural dams, usually formed by glacial moraines or ice, which contain glacial lakes. According to WGMS, melted ice of glaciers accounts for 25 to 30% of the currently observed increase in global sea levels. Source: Indian Express HAWALA Syllabus: Prelims & Mains – CURRENT EVENT  Context: A poaching network in central India, using digital payments with “hawala funds” and multiple supply lines to Nepal and Myanmar, has taken out “100 to any number” of tigers since 2022, an investigation by The Indian Express has found. Background: – Hawala enables fund transfers without physical money movement, similar to banking transactions. However, unlike banks, it operates through informal, unregulated channels based on trust. A vast network of hawaladars facilitates these transactions, primarily in West Asia, North and East Africa, and the Indian subcontinent. How Hawala works A person ‘A’ working in Muscat wants to send money to his father ‘B’ in Lucknow through the hawala system.  To do so, ‘A’ deposits the amount with a hawaladar in Muscat, receiving a token—either a physical item (such as a banknote) or a code transmitted via phone or electronic means. ‘A’ then shares this token with ‘B,’ who presents it to a hawaladar in Lucknow to receive the equivalent amount.  Notably, no physical transfer of money occurs between Muscat and Lucknow; instead, the hawaladars at both locations settle the accounts later through their network. Despite there being no legal recourse in case of fraud, hawala transactions are popular, and see a variety of uses. Sending Remittances: Remittances are funds sent by migrant workers to their homes, to support their families. Many migrants, especially those working in West Asia, use hawala because of convenience and lack of access to formal systems.  Illegal Activities: While sending remittances using hawala may or may not be illegal, many illegal operations — from smuggling and money laundering to drug trade and terror finance — use hawala networks for the anonymity, and lack of regulation and scrutiny they offer. Source: Indian Express JNANPITH AWARD Syllabus: Prelims – ART & CULTURE Context: Vinod Kumar Shukla wins the 59th Jnanpith Award, India’s highest literary honour.  Background: The 88-year-old author of novels such as Naukar ki Kameez, about a clerk forced to submit to professional hierarchies, and Khilega Toh Dekhenge, about a teacher who arrives in a village with eccentric residents, is the 12th Hindi writer to win the award and the first from Chhattisgarh. Key takeaways The Jnanpith Award is India’s highest literary honor, awarded annually by the Bharatiya Jnanpith to an author for outstanding contributions to Indian literature. Instituted in 1961, the award is bestowed only on Indian writers writing in Indian languages included in the Eighth Schedule to the Constitution of India and English, with no posthumous conferral. Until 1982 the award was presented for a specific work; thereafter, it was given for a writer’s overall contribution to literature. Since then the award has typically been given every year to one author, although in some years it has been jointly offered to two. The first Jnanpith Award was given in 1965 to G. Sankara Kurup for his contributions to Malayalam literature. The prize carries a cash award, a citation, and a bronze replica of Vagdevi (Saraswati), the goddess of learning. Source: Indian Express DERIVATIVES Syllabus: Prelims  & Mains – ECONOMY Context: IndusInd Bank reported derivative losses of Rs 2,100 crore on March 10, which pulled down its share price by 23%. Background: – The bank sought to put the blame on a change of rules by the Reserve Bank of India relating to the derivative portfolio. However, the loss from the derivative book remained unresolved for a long time, leading to the accumulation of losses. Key takeaways  Derivatives are financial contracts whose value is derived from the performance of an underlying asset. The underlying asset can be tangible (e.g., gold, oil) or intangible (e.g., stock index, interest rate). Purpose: Derivatives are used for: Hedging: Reducing or mitigating risk. Speculation: Betting on the future price movements of assets. Arbitrage: Exploiting price differences in different markets. Types of Derivatives Forward Contracts A customized agreement between two parties to buy or sell an asset at a future date at a predetermined price. Traded over-the-counter (OTC) and not standardized. Example: An oil producer and an airline company agreeing on a fixed price for crude oil delivery in the future. Futures Contracts Similar to forwards but standardized and traded on exchanges (e.g., NSE, BSE). Reduces counterparty risk due to clearinghouse settlement. Example: A farmer locking in a price for wheat to be sold at a future date. Options Contracts – Gives the right but not the obligation to buy or sell an asset at a set price before or on a specific date. Two types: Call Option: Right to buy at a specified price. Put Option: Right to sell at a specified price. Example: An investor purchasing a call option on a stock, expecting its price to rise. Swaps – A contract where two parties exchange cash flows or liabilities based on a financial instrument. Common types: Interest Rate Swaps: Exchange of fixed and floating interest rates. Currency Swaps: Exchange of payments in different currencies. Example: An Indian company exchanging its fixed interest rate loan for a floating rate to reduce costs. Source: Indian Express ERI SILK Syllabus: Prelims – CURRENT EVENT  Context: Minister of State for the Ministry of Development of North Eastern Region, Dr. Sukanta Majumdar, in a written reply to the Rajya Sabha, stated that the North Eastern Handicrafts and Handlooms Development Corporation Ltd. (NEHHDC) has received the Oeko-Tex certification from Germany for eri silk. Background: – Eri silk, known for its eco-friendly and sustainable qualities, is gaining recognition in the luxury textile market. Its chemical-free production and ethical sourcing make it a preferred choice for conscious consumers and premium brands. Key takeaways Eri silk is a unique, non-violent (Ahimsa) silk produced mainly in Northeast India, particularly in Assam, Meghalaya, Nagaland, and Manipur. Unlike other silk varieties, Eri silk is obtained without killing the silkworm, making it eco-friendly and sustainable. Origin and Production Silkworm: Eri silk is derived from the domesticated silkworm Samia ricini, which feeds on castor leaves. Ethical Process: Unlike traditional silk production, Eri silk allows the moth to emerge from the cocoon naturally, making it a cruelty-free alternative. Geographical Indication (GI): Eri silk has been recognized as a GI-tagged product from Assam, highlighting its authenticity and regional importance. Characteristics Texture: Eri silk has a woolly, cotton-like texture, making it distinct from other silks like Mulberry or Tussar. Durability: Known for its strength and elasticity, Eri silk is highly durable and resistant to wrinkles. Source: Krishi Jagran Practice MCQs Daily Practice MCQs Q1.) Consider the following statements regarding the Jnanpith Award: It is India’s highest literary honor, awarded for outstanding contributions to Indian literature. The award was instituted in 1961 and initially given for a specific literary work. It is conferred upon writers of Indian languages included in the Eighth Schedule of the Constitution. Which of the statements given above is/are correct? (a) 1 and 2 only (b) 2 and 3 only (c) 1 and 3 only (d) 1, 2, and 3   Q2.) With reference to financial derivatives, which of the following statements is/are correct? A futures contract is a standardized agreement to buy or sell an asset at a future date at a predetermined price. Options contracts obligate the buyer to either buy or sell the underlying asset before the contract expiry. Derivatives can be used for hedging, speculation, and arbitrage. Select the correct answer using the codes given below: (a) 1 and 2 only (b) 1 and 3 only (c) 2 and 3 only (d) 1, 2, and 3   Q3.) Consider the following statements regarding Eri Silk: Eri silk is produced primarily in Northeast India and is known as “Ahimsa Silk” due to its non-violent production process. The silk is derived from the domesticated silkworm Samia ricini, which feeds on castor leaves. Unlike Mulberry silk, Eri silk lacks elasticity and is not durable. Which of the statements given above is/are correct? (a) 1 and 2 only (b) 2 and 3 only (c) 1 and 3 only (d) 1, 2, and 3 Comment the answers to the above questions in the comment section below!! ANSWERS FOR ’  Today’s – Daily Practice MCQs’ will be updated along with tomorrow’s Daily Current Affairs ANSWERS FOR  22nd March  – Daily Practice MCQs Answers- Daily Practice MCQs Q.1) – d Q.2) – a Q.3) – a

DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam – 22nd March 2025

Archives (PRELIMS & MAINS Focus) LIFE UNDER ANTARCTIC ICE SHELF Syllabus: Prelims – ENVIRONMENT Context: A team of scientists may have discovered dozens of new species, including giant sea spiders, octopi, and corals on the newly exposed seafloor left behind by the enormous A-84 iceberg that broke away from the George VI Ice Shelf on January 13. Background: – The break-away of the 510-sq-km iceberg gave access to an underwater world that was previously beyond human reach. A remotely-operated submersible got to the seafloor on January 25, where it captured photos and videos, and collected specimens. Key takeaways The mission was part of Challenger 150, a UNESCO-endorsed global initiative for deep-sea research. Using a remotely operated vehicle (ROV), scientists explored the seafloor for eight days, and found flourishing ecosystems at depths of up to 1,300 metres. The reason scientists were surprised to find diverse ecosystems under the ice shelf is that deep-sea communities typically depend on photosynthesising organisms to rain down nutrients from the surface to the seafloor. However, Antarctic ecosystems have been covered by 150-metre-thick ice for centuries, completely cut off from surface nutrients. Scientists have hypothesised that ocean currents, glacial meltwater or something else could be transporting essential nutrients, sustaining life beneath the ice shelf. The precise mechanism fueling these ecosystems is yet to be understood. Challenger 150 Mission The Challenger 150 is a global scientific initiative, endorsed by the Intergovernmental Oceanographic Commission of UNESCO (IOC/UNESCO), aimed at enhancing our understanding of deep-sea ecosystems. Launched in alignment with the UN Decade of Ocean Science for Sustainable Development (2021-2030), its mission is to map life in the deep ocean and provide the scientific foundation necessary for sustainable management of these vast environments. Source: Indian Express IT ACT AND CONTENT BLOCKING Syllabus: Prelims & Mains – POLITY Context: Elon Musk-owned X (formerly Twitter) has challenged the government’s use of Section 79(3)(b) of the Information Technology Act, 2000 (IT Act) to moderate and order the removal of content on social media. Background: – X has asked the court to direct the government that orders to block content can only be issued under Section 69A of the Information Technology (IT) Act, 2000, and not by invoking Section 79(3)(b) of the Act.  Key takeaways In Shreya Singhal v Union of India (2015), the Supreme Court struck down Section 66A of the IT Act which criminally punished, among other things, sending false information “for the purpose of causing annoyance or inconvenience”. SC said the provision was vague, giving the government unchecked powers to restrict the freedom of speech. After this decision, Section 69A of the IT Act became the primary law governing the matter. This section allows the Centre to issue orders blocking “any information generated, transmitted, received, stored or hosted in any computer resource”, but unlike 66A, it contains safeguards against misuse. For blocking content under Section 69A, the Centre must deem it “necessary”. This “necessity”, however, is only justifiable under grounds provided in Article 19(2) of the Constitution which “imposes reasonable restrictions” on the freedom of speech “in the interests of the sovereignty and integrity of India, the security of the State, friendly relations with Foreign States, public order, decency or morality or in relation to contempt of court, defamation or incitement to an offence”. The Centre must record its reasons in the blocking order so that it can be challenged in court. Govt’s use of Section 79 The SC in Shreya Singhal also clarified the application of another provision — Section 79 of the IT Act. The provision is a “safe harbour” measure that exempts an “intermediary” (such as X) from liability for information published on the platform by a “third party”, that is, users of the platform. But Section 79(3)(b) states that the intermediary could be held liable if it does not immediately remove such unlawful information “upon receiving actual knowledge, or on being notified by the appropriate Government or its agency”. The apex court limited the scope of this provision, ruling that the requirement under Section 79(3)(b) will only kick in once a court order has been passed to that effect, or the government issues a notification stating that the content in question is related to grounds provided in Article 19(2). But in 2023, the Ministry of Electronics and Information Technology (MeitY) issued a directive to all ministries, state governments, and the police saying that information blocking orders could be issued under Section 79(3)(b). A year later in 2024, MeitY launched a portal called “Sahyog” where the aforementioned authorities could issue and upload blocking orders. X’s challenge argues that MeitY’s orders are an attempt to “bypass the multiple procedural safeguards” provided under Section 69A. The petition relies upon the SC’s ruling in Shreya Singhal, and says that content can only be censored though the process given under Section 69A or through a court order. Source: Indian Express COLLEGIUM Syllabus: Mains & Mains – POLITY Context: After meeting on March 20, the Supreme Court collegium unanimously decided to transfer Delhi High Court judge Justice Yashwant Varma back to the Allahabad High Court, where he originally came from. Background: This came after a large sum of cash was allegedly recovered from Justice Varma’s residence after a fire. About Collegium It is the system by which judges of the higher judiciary in India — the Supreme Court and High Courts — are appointed and transferred.  Although not rooted in the Constitution or any specific law, it has evolved over the years through judgments of the apex court popularly known as the the “Judges Cases”. The Supreme Court collegium is a five-member body headed by the incumbent Chief Justice of India (CJI), and comprising the four other senior most judges at that time. High Court collegiums are led by the incumbent Chief Justice and the two other senior most judges of that court. How does the collegium system work? The SC collegium recommends the names of judges to be appointed to the apex court. So do HC collegiums (for their respective High Courts), although their recommendations must be approved by the SC collegium. These recommendations reach the government, whose role in the process is limited to conducting an Intelligence Bureau (IB) inquiry into the persons recommended. While the government can raise objections and seek clarifications regarding the collegium’s choices, it is bound under Constitution Bench judgments to approve the names if the collegium reiterates the same. Why has the system been criticised? Critics have pointed out that the system is non-transparent, since it does not involve any official mechanism or secretariat. It is seen as a closed-door affair with no prescribed norms regarding eligibility criteria, or even the selection procedure. There is no public knowledge of how and when a collegium meets, and how it takes its decisions as there are no official minutes of collegium proceedings. Have any alternatives been suggested? The Justice M N Venkatachaliah Commission, appointed by Prime Minister Atal Bihari Vajpayee in 2000, recommended the creation of a National Judicial Appointments Commission (NJAC) to replace the collegium. This would comprise the CJI and the two seniormost SC judges, the Union Law Minister, and an eminent person to be chosen by the President in consultation with the CJI. While the Narendra Modi government cleared the NJAC Bill in 2014, it was struck down by the SC within a year as unconstitutional. Source: Indian Express OKJÖKULL Syllabus: Prelims – ENVIRONMENT Context: Two satellite photos taken 33 years apart show the disappearance of Okjökull glacier in Iceland that was the first ice mass to be declared dead as a result of human-caused climate change. Background: – Because of inconsistent monitoring and debates about the true sizes of glaciers, it is unclear exactly how many glaciers have been lost due to climate change, according to the National Snow and Ice Data Center. Key takeaways  Okjökull, often referred to as “Ok Glacier,” was a glacier located atop the Ok volcano in western Iceland.  In the late 19th century, it spanned approximately 16 square kilometers. However, due to rising global temperatures, it experienced significant shrinkage over the 20th century. By 2012, its area had diminished to merely 0.7 square kilometers. In 2014, glaciologists declared Okjökull “dead,” as it no longer possessed the characteristics essential for a glacier, notably the ability to move under its own weight. This marked the first instance in Iceland where a glacier lost its status due to climate change. Additional Information In 2023, Iceland created the world’s first iceberg graveyard, where ice-like headstones were constructed for the 15 major glaciers listed on the Global Glacier Casualty List, all of which are either dead or critically endangered, according to the United Nations. The Global Glacier Casualty List (GGCL) is a comprehensive initiative aimed at documenting glaciers worldwide that have disappeared or are critically endangered due to climate change.  Established in 2024 through a collaboration between Rice University, the University of Iceland, the Iceland Glaciological Society, the World Glacier Monitoring Service, and UNESCO, the GGCL seeks to preserve the names and stories of these glaciers, highlighting their cultural, economic, and environmental significance. Source: Live Science MUNICIPAL BOND Syllabus: Prelims & Mains – CURRENT EVENT  Context: Municipal bond issuances in India are expected to raise more than â‚¹1,500 crore in the Financial Year (FY) 2025-FY2026, primarily driven by the Government’s push, according to a report by ICRA. Background: – The municipal bond market in India has gained significant traction in recent years, especially since FY2018.  Approximately 17 municipal bonds worth ₹2,600 crore have been issued since FY2018, with an average bond size of ₹150 crore. Key takeaways Municipal bonds are debt instruments issued by Urban Local Bodies (ULBs) to raise funds for urban infrastructure development. Growth of the Municipal Bond Market in India Since FY2018, the total amount raised through municipal bonds has exceeded ₹2,600 crore, a significant rise compared to less than ₹1,000 crore raised between FY1998-FY2005. Government Initiatives: In 2015, SEBI introduced the “Issue and Listing of Debt Securities by Municipalities” Regulations, defining the status of municipal bonds and increasing investor interest. In FY2018, the Government of India (GoI) launched an incentive scheme, offering ₹13 crore per ₹100 crore bond issuance, encouraging ULBs to adopt this financing mechanism. Credit Ratings & Payment Security: All municipal bonds issued since FY2018 have had strong structured payment mechanisms, helping them secure an AA rating, despite varying credit profiles of ULBs. The structured mechanisms have ensured timely repayment and enhanced investor confidence. Challenges in the Municipal Bond Market High Dependence on Government Grants: ULBs still rely heavily on state and central grants. Lack of Financial Transparency: ULBs struggle with timely financial disclosures and proper documentation, affecting investor confidence. Liquidity & Secondary Market Absence: Municipal bonds lack a secondary market, limiting their tradability and attractiveness to investors. Regulatory Compliance: The high compliance burden makes it difficult for smaller ULBs to issue bonds. Weak Credit Quality: Many ULBs lack robust financial management, making them less creditworthy in capital markets. Source: Livemint Practice MCQs Daily Practice MCQs Q1.) Consider the following statements regarding the Collegium system in India: The Supreme Court collegium is headed by the President of India. The government has the power to reject collegium recommendations if it disagrees with them. The collegium system was established through constitutional amendments. Which of the statements given above is/are correct? (A) 1 and 2 only (B) 2 and 3 only (C) 3 only (D) None of the above   Q2.) Okjökull Glacier, recently in the news, is significant because: (A) It was the first glacier to be declared “dead” due to climate change. (B) It is the largest glacier in Iceland. (C) It is the world’s first glacier to completely regenerate after melting. (D) It is located on the Arctic ice shelf and has experienced the fastest ice growth in history.   Q3.) Which of the following statements regarding municipal bonds in India is/are correct? Municipal bonds are issued by Urban Local Bodies (ULBs). The Securities and Exchange Board of India (SEBI) regulates municipal bonds in India. Municipal bonds in India have been in existence since 2018. Select the correct answer using the code given below: (A) 1 and 2 only (B) 2 and 3 only (C) 1 and 3 only (D) 1, 2, and 3 Comment the answers to the above questions in the comment section below!! ANSWERS FOR ’  Today’s – Daily Practice MCQs’ will be updated along with tomorrow’s Daily Current Affairs ANSWERS FOR  21st March  – Daily Practice MCQs Answers- Daily Practice MCQs Q.1) – b Q.2) – b Q.3) – d

[DAY 12] 60 DAY RAPID REVISION (RaRe) SERIES for UPSC Prelims 2025 ENVIRONMENT, CURRENT AFFAIRS & CSAT TEST SERIES!

Hello Friends The 60 Days Rapid Revision (RaRe) Series is IASbaba’s Flagship Initiative recommended by Toppers and loved by the aspirants’ community every year. It is the most comprehensive program which will help you complete the syllabus, revise and practice tests on a daily basis. The Programme on a daily basis includes Daily Prelims MCQs from Static (Monday – Saturday) Daily Static Quiz will cover all the topics of static subjects – Polity, History, Geography, Economics, Environment and Science and technology. 20 questions will be posted daily and these questions are framed from the topics mentioned in the schedule. It will ensure timely and streamlined revision of your static subjects. Daily Current Affairs MCQs (Monday – Saturday) Daily 5 Current Affairs questions, based on sources like ‘The Hindu’, ‘Indian Express’ and ‘PIB’, would be published from Monday to Saturday according to the schedule. Daily CSAT Quiz (Monday – Friday) CSAT has been an Achilles heel for many aspirants. Daily 5 CSAT Questions will be published. Note – Daily Test of 20 static questions, 10 current affairs, and 5 CSAT questions. (35 Prelims Questions) in QUIZ FORMAT will be updated on a daily basis. To Know More about 60 Days Rapid Revision (RaRe) Series – CLICK HERE   60 Day Rapid Revision (RaRe) Series Schedule – CLICK HERE  Important Note Comment your Scores in the Comment Section. This will keep you accountable, responsible and sincere in days to come. It will help us come out with the Cut-Off on a Daily Basis. Let us know if you enjoyed today’s test 🙂  You can post your comments in the given format  (1) Your Score (2) Matrix Meter (3) New Learning from the Test The following Test is based on the syllabus of 60 Days Plan-2025 for UPSC IAS Prelims 2025. Click Here To Take The Test -> Click Here