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[Day 64]: UPSC PRELIMS 2021- Rapid Revision (RaRe) Series

Highlights/Features of Rapid Revision (RaRe) Series:  It is a FREE initiative! Program Duration - 120 Days (31st May, 2021 to 27th September, 2021). 1. Dedicated Portal for Focused Preparation There will be a separate dedicated portal to help you stay focused and keep your preparation streamlined for the next 120 Days. The Registration link for the dedicated portal is given at the end of the post. 2. 120 Days Integrated (Prelims + Mains) Time Table This year’s RaRe Series will include Integrated Revision Plan (IRP) where we will be syncing your mains and prelims syllabus together over next 120 Days. The Revision Plan is designed by integrating IASbaba's famous flagship initiatives - 60 Day Plan and TLP Mains Answer Writing. 3. Daily RaRe Series (RRS) Videos on High Probable Topics (Monday - Friday) In video discussions, special focus is given to topics which have high probability to appear in UPSC Prelims Question Paper. Each session will be of 20 mins to 30 mins, which would cover rapid revision of 10 high probable topics (both static and current affairs) important for Prelims Exam this year according to the schedule. 4. Daily Prelims MCQs from Static (Monday - Friday) Daily Static Quiz will cover all the topics of static subjects – Polity, History, Geography, Economics, Environment and Science and technology. 10 questions will be posted daily and these questions are framed from the topics mentioned in the schedule and in the RaRe videos. It will ensure timely and streamlined revision of your static subjects. Note: Should be integrated with the 60 Days Plan 2021. This will expose you to diverse questions from the same topics. 5. 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. Note: Current Affairs questions covered in the 60 Days Plan and Daily Quiz Monthly Compilations should be covered retrospectively. 6. Daily CSAT Quiz (Monday - Friday) CSAT has been an achilles heel for many aspirants. Daily 5 CSAT Questions will be published. 7. Daily Mains Answer Writing (Monday - Friday) GS Mains will be covered along with Prelims in an integrated manner. Daily three Mains questions will be covered syllabus-wise according to the topics mentioned in the schedule. In total, it covers 250+ Mains Questions along with synopsis. 8. Brainstorming on Ethics & Essay (BEE) (Saturday & Sunday) Each week, Sunil Oberoi Sir (Retd. IAS) will take 3 sessions, two for Essay and one for Ethics. The two sessions earmarked for Essay will have a topic-based discussion where he will discuss the approach to write issue-based and philosophical essays. The topics will be picked from previous year question papers of UPSC and TLP initiative of IASbaba. 9. Full Mocks 3 GS Paper 1 Full Mocks will be provided along the lines of UPSC Prelims. 3 CSAT Paper 2 Full Mocks will be provided so that you are not overwhelmed during the D-Day. 10. Rapid Revision (RaRe) Notes Right material plays important role in clearing the exam and Rapid Revision (RaRe) Notes will have Prelims specific subject-wise refined notes. The main objective is to help students revise most important topics and that too within a very short limited time frame. Day-64 of RaRe Series - Click here To Register - Click here For complete details of the RaRe Series -  Click here

Daily Prelims CA Quiz

UPSC Quiz – 2021 : IASbaba’s Daily Current Affairs Quiz 2nd August 2021

For Previous Daily Quiz (ARCHIVES) - CLICK HERE The Current Affairs questions are based on sources like ‘The Hindu’, ‘Indian Express’ and ‘PIB’, which are very important sources for UPSC Prelims Exam. The questions are focused on both the concepts and facts. The topics covered here are generally different from what is being covered under ‘Daily Current Affairs/Daily News Analysis (DNA) and Daily Static Quiz’ to avoid duplication. The questions would be published from Monday to Saturday before 2 PM. One should not spend more than 10 minutes on this initiative. Gear up and Make the Best Use of this initiative. Do remember that, “the difference between Ordinary and EXTRA-Ordinary is PRACTICE!!” Important Note: Don't forget to post your marks in the comment section. Also, let us know if you enjoyed today's test :) After completing the 5 questions, click on 'View Questions' to check your score, time taken, and solutions. To take the Test - Click Here

IASbaba’s TLP (Phase 1): UPSC Mains Answer Writing – General Studies Paper 1 Questions [2nd August,2021] – Day 146

For Previous TLP (ARCHIVES) - CLICK HERE Hello Friends, Welcome to IASbaba’s TLP (Phase 1): UPSC Mains Answer Writing – General Studies Paper 1 Questions [2nd August,2021] – Day 146 TLP (Phase 1) just got over on 8th May (Saturday) and we are extremely thankful for your active participation to make this program a success. Well, though TLP (Phase 1) got over, ‘Picture abhi baaqi hai mere dost’. There is a surprise for you. Since prelims is bound to get delayed once again this year, its not wise to leave the writing practice just now. Hence, we are extending the TLP program  We will be posting 3 questions per day (Monday to Friday). The questions will be based on Current Affairs, so that you don’t have to invest your time separately on exclusively mains oriented topics. So, keep practicing and keep improving. To Know More about TLP  -> CLICK HERE For Previous TLP (ARCHIVES) - CLICK HERE Note: Click on Each Question (Link), it will open in a new tab and then Answer respective questions! 1. The very notion of the relationship between Ruler and State changed as a result of Enlightenment. Do you agree? Critically analyse. (10 Marks) प्रबुद्धता के परिणामस्वरूप शासक और राज्य के बीच संबंधों की धारणा ही बदल गई। क्या आप सहमत हैं? समालोचनात्मक विश्लेषण करें। 2. The history of democracy derives considerable substance from the American Revolution. Discuss. (10 Marks) लोकतंत्र का इतिहास अमेरिकी क्रांति से काफी सार प्राप्त करता है। चर्चा करें। 3. Throughout history, economic and social inequalities have at times led peoples to revolt against their governments. Discuss in light of the French Revolution. (15 Marks) पूरे इतिहास में, आर्थिक और सामाजिक असमानताओं ने कई बार लोगों को अपनी सरकारों के खिलाफ विद्रोह करने के लिए प्रेरित किया है। फ्रांसीसी क्रांति के आलोक में चर्चा कीजिए। AWARE ( Answer Writing REdefined) Series - 7 Steps to Master Answer Writing Skills by Mohan Sir - CLICK HERE P.S: The review from IASbaba will happen from the time the question is posted till 10 pm every day. We would also encourage peer reviews. So friends get actively involved and start reviewing each other's answers. This will keep the entire community motivated. All the Best :)

[COMPILATION] IASbaba’s Rapid Revision (RaRe) Series - IAS Prelims Test Series 2021 - Day (15-28) Subject Wise Compilation!

Hello friends, If you ask any topper about their secret of success, you’ll find one common answer. And that is – Revision. Revision is key to success as if you have not revised the topics, you won’t be able recall them in the exam and there will be a very high probability of getting confused and marking an incorrect answer. To assist all of you in Revision, we are providing you with the Compilation of the first 15 days of the Rapid Revision (RaRe) Series. Make the best use of them. All the best! Note : The Hindi Compilation will be shared soon   Day (15-28) of RaRe Series Compilation - Click here To Register - Click here For complete details of the RaRe Series -  Click here

Important Articles

[MOCK INTERVIEW – UPSC 2020-21] New Time Slots for OFFLINE MOCKS In DELHI Open Now & ONE-ONE MOCKS with Mohan Sir!

Dear Students, Thank You for the Overwhelming Response and Heartwarming Feedback on our Interview Mentorship Program (IMP). More Interview Slots are now open! 360+ students have attended the Mock Interviews in Bangalore, Delhi, and Online till now!! As the Lockdown restrictions are erased, we are conducting OFFLINE MOCKS at DELHI!!   UPCOMING OFFLINE MOCKS in Delhi: 7th August (Saturday) - Slots Open! 8th August (Sunday) - Slots Open!   For ONE-ONE MOCKS/MENTORSHIP with Mohan Sir and for upcoming MOCK INTERVIEWS-Book your Slots by filling the form - Click Here NOTE: Mohan Sir (Founder, IASbaba) will be taking One-to-one Mocks and Mentorship to Interview selected students in Delhi Centre. He will be available on 7th (Saturday), 8th (Sunday) ,9th (Monday), and 10th (Tuesday) August at Delhi Centre. On Saturday and Sunday One-One Mocks will be reserved for the students giving the mock on those days. On Monday and Tuesday the One-One Mock slots are open for all. You can message (8549000077 On Telegram) for booking the slot. P.S: More Mocks will be announced soon! P.S: You can also share the same with your friends who are interested in taking ONLINE Mock Interviews, One-One Mocks with Mohan Sir, DAF Questionnaire. To Know More about IASbaba's Interview Mentorship Program (IMP) -> CLICK HERE For further queries with regard to the interview, you can mail us at support@iasbaba.com or call us on 8549000077 [UPSC INTERVIEW] CURRENT AFFAIRS Discussion – Learn How to Handle Controversial Topics and Situation-Based Questions from Serving, Ex-IAS, IPS, IRS Officers & Mohan Sir – Exclusively for UPSC 2021-21 Interview Students! - CLICK HERE BABA's INTERVIEW PANELLIST Thank You IASbaba

Motivational Articles

Creative Guidance – Be You – Inspirational Educative Articles

Be You: We know too much about too many people. Most of it is unnecessary and doesn’t serve any purpose to us. Still, our mind is occupied realizing how others are doing, and the lifestyle comparison begins. We’ve caught ourselves in the clutches of material possessions and societal patterns. Even the little things are romanticized. We measure our happiness and success based on others forgetting how every individual is distinct. The good thing is that we’re starting to unlearn. We no longer treat our Life as a scorecard to get full marks in the subjects of Education, Career, Marriage, Lifestyle, Family, Social life. We know that each one of us will have a different score in different subjects. And there is NO winner among us.  People struggle, people fail, they drop out, they quit and they part ways or even give up in the end. But there is one thing common in all of us – We hustle to find satisfactory happiness in everything we do. It doesn’t really matter how much we’ve achieved in our lifetime. As long as we enjoy experiences, create memories and sleep peacefully everyday we’re doing great! To have this self-awareness and realized state of mind is nothing but mindfulness. Mindfulness isn’t about long hours, quiet surroundings and zero thoughts. It’s about the consciousness in each breath we take and acceptance of every thought. Then we’ll notice how occupied our mind is with needless thoughts, fears, and worries. Are they even worth spending so much time thinking of? They do not serve any purpose. Choose to let them go. With every exhale, let something go that is bothering you. That’s how to get rid of toxicity from your mind. It is a journey to let go. One thought at a time or all of them at once. “This article is a part of the creative endeavor of Nirvana Foundation and IASBABA.”

Important Articles

[WEEK 11] ETHICS THEORY & CASE STUDIES | BRAINSTORMING ON ETHICS & ESSAY (BEE) by Sunil Oberoi Sir

Dear Students, As part of our new initiative, BRAINSTORMING ON ETHICS & ESSAY (BEE), here we have come up with the Eleventh session. BEE is a FREE ONLINE (YOUTUBE) initiative, exclusively for Essay and Ethics curated by IASbaba’s renowned faculty member, Shri Sunil Oberoi Sir (former IAS Officer). The Eleventh session focuses on the theme, 'ETHICS THEORY & CASE STUDIES'. https://www.youtube.com/watch?v=rF2gLuT_1JQ Sunil Oberoi Sir has worked on Civil Services Reforms in India with UNDP and DoPT. He was a government nominee in interview boards and Examiner in various govt. exams. He was also associated with induction training of new entrants of Civil Services and In-Service training of Senior Civil Servants. To Know More about BEE Initiative -> CLICK HERE Download the schedule: Click Here For Any Queries: Email id: offline@iasbaba.com / support@iasbaba.com Mobile No: 91691 91888 (Please call between 10 am – 6 pm ONLY) Thank You IASbaba 

IASbaba's Courses

[1 Day to Go] ILP 2022- INTEGRATED LEARNING PROGRAM – The Most Comprehensive and Trusted ONLINE Course for UPSC 2022 Starts from 2nd August!!

Dear Students Hope you and your family are doing good and are staying safe. ILP 2022 – the Most Comprehensive ONLINE Programme for UPSC aspirants which caters to ###bstarts from 2nd August. If you are one sincere candidate and are seriously aiming for UPSC CSE – 2022, ILP 2022 is a one-stop destination for General Studies (Prelims + Mains) needs. To Know More - ###a href="https://iasbaba.com/2021/07/9-days-to-go-ilp-2022-integrated-learning-program-the-most-comprehensive-and-trusted-online-course-for-upsc-2022-starts-from-2nd-august/" target="_blank">CLICK HERE

WEEKEND WITH BABA

[WEEKEND WITH BABA] Ninth Live Session - Rapid Revision (RarRe) Series for UPSC 2021 today at 12 PM!

Dear Students The Ninth Live Session on Rapid Revision (RaRe) Series 2021 will be held on 1st August at 12 PM. Don't miss out on this. Note - Please click on 'Set Reminder' so that you do not miss the video. You can start sharing your questions/queries/doubts with #ASKBABA (related to UPSC Preparation) in disqus comment box below and Upvoting can follow. Remember maximum upvotes will be given priority. Feel free to share your queries because many of the questions that you are having, will be the same as other candidates. Your questions might help others in clarifying their doubts. Waiting to talk to you soon! To Watch Previous 'Weekend With Baba' Sessions - CLICK HERE To get Regular Updates from IASbaba, follow- TELEGRAM Channel – CLICK HERE YOUTUBE  –  CLICK HERE FACEBOOK  – CLICK HERE

DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam – 31st July 2021

Archives (PRELIMS + MAINS FOCUS) The Commission for Air Quality Management in NCR and Adjoining Areas Bill, 2021 Part of: GS Prelims and GS-II - Policies and interventions and GS-III - Pollution In news Recently, The Commission for Air Quality Management in the National Capital Region (NCR) and Adjoining Areas bill, 2021 was introduced in the Lok Sabha. What are the key features of the Bill? It provides for the constitution of a Commission for better coordination, research, identification, and resolution of problems related to air quality in the NCR and adjoining areas.   Adjoining areas have been defined as areas of Haryana, Punjab, Rajasthan, and Uttar Pradesh adjoining the NCR where any source of pollution may cause adverse impact on air quality in the NCR.   It also dissolves the Environment Pollution Prevention and Control Authority established in the NCR in 1998.   Functions of the Commission:   Co-ordinating actions by concerned state governments (Delhi, Haryana, Punjab, Rajasthan, and Uttar Pradesh) Planning and executing plans to prevent and control air pollution in the NCR Providing a framework for identification of air pollutants  Conducting research and development through networking with technical institutions Training and creating a special workforce to deal with issues related to air pollution Preparing various action plans such as increasing plantation and addressing stubble burning.  Powers of the Commission:   Restricting activities influencing air quality Investigating and conducting research related to environmental pollution impacting air quality Preparing codes and guidelines to prevent and control air pollution Issuing directions on matters including inspections, or regulation which will be binding on the concerned person or authority.   It may impose and collect environment compensation from farmers causing pollution by stubble burning.  This compensation will be prescribed by the central government.  The Commission will be the sole authority with jurisdiction over matters defined in the bill. In case of any conflict, the orders or directions of the Commission will prevail over the orders of the respective state governments, the Central Pollution Control Board (CPCB), state PCBs, and state-level statutory bodies. Composition: The Commission will consist of: (i) a Chairperson, (ii) an officer of the rank of a Joint Secretary as the member-secretary and Chief Coordinating Officer, (iii) a currently serving or former Joint Secretary from the central government as a full-time member, (iii) three independent technical members with expertise related to air pollution, and (iv) three members from non-government organisations.   The Commission will also include ex-officio members: (i) from the central government and concerned state governments, and (ii) technical members from CPCB, Indian Space Research Organisation, and NITI Aayog.  It may also appoint representatives of certain ministries Tenure: The Chairperson and members of the Commission will have a tenure of three years or till the age of seventy years, whichever is earlier.    News Source: TH Bill to Amend General Insurance Law  Part of: GS Prelims and GS - III - Economy In news The General Insurance Business (Nationalisation) Amendment Bill 2021 was introduced in Lok Sabha  What are the Key amendments of the Bill? The Bill will amend the General Insurance Business (Nationalisation) Act, 1972.  The Bill proposes three amendments. The first aims to omit the provision (Section 10B) which requires that the Central government should hold not less than 51% of the equity capital in a specified insurer. The second amendment is to insert a new Section 24B which will provide for ending the application of the Act to such a specified insurer on which the Centre ceases to have control.  And, the third amendment is also to insert a new Section 31A, making a director (not a whole-time director), liable only for acts of omission or Commission. Although the Bill allows the government to bring down its shareholding below 51%, it was clarified that this is not a Bill for privatisation. Do you know?  As on date, there are four public sector general insurance companies — National Insurance Company Limited, New India Assurance Company Limited, Oriental Insurance Company Limited, and United India Insurance Company Limited. It is not yet decided in which one of the companies the government will lower its shareholding. News Source: TH BRICS plan to counter terror finalised Part of: Prelims and GS -II- International Relations  In news The BRICS Counter Terrorism Action Plan that will strengthen counter-terror cooperation among the members of the grouping has been finalised.  The plan is one of the key deliverables during India’s Chairship of BRICS. The Plan will be adopted at the meeting of BRICS National Security Advisors scheduled in Aug 2021. The Action Plan is aimed at further strengthening result oriented cooperation between BRICS countries in areas such as preventing and combating terrorism, radicalisation, financing of terrorism, misuse of internet by terrorists, and curbing travel of terrorists. What is BRICS Counter Terrorism Strategy?  BRICS unveiled a counter-terrorism strategy to strengthen bilateral and multilateral cooperation among the member countries for effectively combating the threat. The new strategy was adopted at the bloc’s annual summit which was held virtually in November 2020.  Aim of the strategy: To improve the practical cooperation among security and law-enforcement authorities of the member nations to prevent and combat terrorism, including by sharing timely and accurate information. Focus: To “suppress” the facilitation of terrorist groups, entities and associated persons by not making available financial and material resources to them. The BRICS also resolved to counter “extremist narratives” conducive to terrorism and vowed to take steps to ensure that the Internet and social media platforms are not used for recruitment and radicalisation by terror groups. The BRICS high representatives for security shall review the implementation of this strategy.  Implemented by: The BRICS counter-terrorism working group (CTWG). Significance: These efforts will help prevent “further geographical expansion of terrorism” and address the threats posed by terrorists returning from conflict zones to countries of departure or travelling to third countries. News Source: TH  Delta Variant as contagious as Chicken Pox: CDC document Part of: GS Prelims and GS - II - Health  In news According to the United States Centers for Disease Control and Prevention (CDC)  document, the Delta variant of the coronavirus is as contagious as chickenpox.  About Delta variant  SARS-CoV-2 Delta variant, also known as lineage B.1.617.2, is a variant of lineage B.1.617 of SARS-CoV-2, the virus that causes COVID-19.  It was first detected in India in late 2020.  The WHO named it the Delta variant on 31 May 2021.   Key findings of the Document  Delta variant probably causes more severe disease than past strains.  A review of findings from other countries shows that each person with Delta infects on average eight others, making it as transmissible as chickenpox but still less than measles. The breakthrough cases in vaccinated individuals may be as transmissible as unvaccinated cases. Also, the breakthrough infections in vaccinated people are highly contagious.  A breakthrough infection occurs when someone who is fully vaccinated contracts the virus. Such infections are to be expected with any vaccines since they are never 100 percent effective at blocking infection Vaccine efficacy estimates vary across countries, but the CDC estimates the risk of severe disease or death is reduced 10-fold or greater in the vaccinated person, while risk of infection is reduced three-fold or greater. Do you know?  Experts rely on a number called the cycle threshold (Ct) value to indicate how much virus an infected person harbours, with lower numbers indicating higher viral load. News Source: TH  International Tiger Day Part of: GS Prelims and GS-III - Biodiversity  In news International Tiger Day is celebrated on July 29 every year to raise awareness about the dwindling population of the Tiger. It is the anniversary of the agreement of Saint Petersburg Tiger Summit in Russia in 2010. At the Petersburg Tiger Summit in 2010, leaders of 13 tiger range countries resolved to do more for the tiger and embarked on efforts to double its number in the wild, with a popular slogan ‘T X 2’. It was declared by representatives that the tiger populated countries would make efforts to double the tiger population by the year 2022. Tiger Conservation and India  India is the land of royal tigers and current tiger population stands at 2967 which is 70% of the global tiger population. Madhya Pradesh has the highest number of tigers at 526, closely followed by Karnataka (524) and Uttarakhand (442). The National Tiger Conservation Authority (NTCA) has launched the M-STrIPES (Monitoring System for Tigers – Intensive Protection and Ecological Status), a mobile monitoring system for forest guards. The Project Tiger, launched way back in 1973, has grown to more than 50 reserves amounting to almost 2.2% of the country’s geographical area. Protection Status Indian Wildlife (Protection) Act, 1972: Schedule I. IUCN Red List: Endangered. CITES: Appendix I. Do You Know?  As per the World Wide Fund for Nature, the number of tigers dropped by 95% over the past 150 years. The Global Tiger Initiative (GTI) program of the World Bank, brought global partners together to strengthen the tiger agenda. Over the years, the initiative has institutionalised itself as a separate entity in the form of the Global Tiger Initiative Council (GTIC), with its two arms –the Global Tiger Forum and the Global Snow Leopard Ecosystem Protection Program. News Source: TH  I-MESA: Social Audit of Social Sector Schemes Part of: GS Prelims and GS -III - Economy In news The Ministry of Social Justice and Empowerment has formulated a scheme,  Information-Monitoring, Evaluation and Social Audit (I-MESA) in FY 2021-22. About the I-MESA Scheme Under this scheme, Social Audits are to be conducted for all the schemes of the Department starting FY 2021-22. These social audits are done through Social Audit Units (SAU) of the States and National Institute for Rural Development and Panchayati Raj. What are Important Schemes of the Ministry of Social Justice and Empowerment?  Credit Enhancement Guarantee Scheme for the Scheduled Castes (SCs) National Safai Karamcharis Finance and Development Corporation (NSKFDC) National Scheduled Castes Finance and Development Corporation (NSFDC) Scheme for Rehabilitation of Manual Scavengers (SRMS) Venture Capital Fund For Scheduled Castes Centrally Sponsored Scheme for implementation of the Protection of Civil Rights Act, 1955 and the Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Act, 1989 Pradhan Mantri Adarsh Gram Yojana (PMAGY) What is Social Audit?  Social Audit is the audit of a scheme jointly by the Government and the people, especially by those who are affected by the scheme or its beneficiaries. Benefits: It is a powerful tool to promote transparency, accountability and people’s participation in the schemes meant for them. A social audit helps to narrow gaps between vision/goal and reality, between efficiency and effectiveness. News Source: PIB  (Mains Focus) POLITY/ GOVERNANCE Topic: GS-2: Parliament and State legislatures—conduct of business  Law and lawmakers: On criminal acts and legislative privilege Context: Recently, Supreme Court ruled that legislative privilege cannot be extended to provide legal immunity to criminal acts committed by lawmakers in Legislature. The privileges and immunities enjoyed by the MPs and MLAs include: Freedom of speech in the house which means they cannot be prosecuted for saying or doing anything in the house. They have the freedom from arrest 40 days prior or after a session of legislature or during the session or from the premises of the legislature without the permission of the house. The legislature has the power to regulate its internal affairs — that covers the behaviour including disruptions, vandalism and violence — of the house. Police or courts cannot interfere. However, the members can be punished for the breach of privileges by the house itself. Punishment includes imprisonment, fine or suspension. Brief Background of the Case The case relates to criminal prosecution against six MLAs of the Left Democratic Front (LDF). They were being prosecuted for creating ruckus in Kerala Assembly in 2015 (when they were in opposition). The Kerala government, when LDF came to power, moved to withdraw the cases against them.  Kerala State government argued that the criminal prosecution of MLAs was not sustainable because the acts committed by them on the floor of assembly are protected by legislative privileges under Article 194 of the Constitution  The recent SC judgement has denied this permission to withdraw the cases. Supreme Court ruled elected representatives could no longer go scot-free for acts of vandalism and violence committed inside a house claiming immunity provided under the Constitution. The change is a Supreme Court’s judgment. It does not directly deal with Parliament but with state legislatures  Judgment assumes National Significance because SC made certain observations that may form the behavioural guide for all elected representatives including the MPs & MLAs “The destruction of property in the assembly cannot be equated to freedom of speech in the house” An alleged act of destroying public property within the House cannot be considered “essential” for their legislative functions. “Privileges and immunity are not a gateway to claim exemptions from criminal law and that would be a betrayal to the citizens.” “The purpose of bestowing privileges on legislators is to enable them to perform their legislative functions without hindrance or without fear or favour. Legislators should act within the parameters of the public trust imposed on them to do their duties.” Way Ahead Rajya Sabha Deputy Chairperson Harivansh had, in 2020, mooted an idea of evolving a ‘Parliament Disruption Index’. The idea had emerged at the conference of presiding offices of legislative bodies in Dehradun on November 2019 in the backdrop of increasing disruptions in Parliament. In the Lok Sabha, some members proposed automatic suspension of members who cause disruption and rush to the Well of the House. But the proposals are still in a nascent stage. Connecting the dots: Online Parliamentary Functioning Criminalisation of Politics ECONOMY/ GOVERNANCE Topic: GS-3: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. GS-2: Government policies and interventions for development in various sectors and issues arising out of their design and implementation. Changes to deposit insurance laws Context: Recent troubles for depositors in getting immediate access to their funds in banks such as Punjab & Maharashtra Co-operative (PMC) Bank, Yes Bank and Lakshmi Vilas Bank has put spotlight on the subject of deposit insurance What is deposit insurance? Currently, in an unlikely event of a bank failing in India, a depositor has a claim to a maximum of Rs 5 lakh per account as insurance cover.  The cover of Rs 5 lakh per depositor is provided by the Deposit Insurance and Credit Guarantee Corporation (DICGC), which is a fully owned subsidiary of RBI Depositors having more than Rs 5 lakh in their account have no legal recourse to recover funds in case a bank collapses.  While the depositors enjoy the highest safety on their funds parked with banks, unlike the equity and bond investors in the banks, an element of risk always lurks on their deposits in case a bank collapses. Who pays for this insurance? Deposits in public and private sector banks, local area banks, small finance banks, regional rural banks, cooperative banks, Indian branches of foreign banks and payments banks are all insured by the DICGC.  The premium for this insurance is paid by banks to the DICGC, and not be passed on to depositors.  Banks currently pay a minimum of 10 paise on every Rs 100 worth deposits to the DICGC as premium for the insurance cover, which is now being raised to a minimum of 12 paise. In 2020, the government raised the insurance amount to Rs 5 lakh from Rs 1 lakh. Prior to that, the DICGC had revised the deposit insurance cover to Rs 1 lakh on May 1, 1993 — raising it from Rs 30,000, which had been the cover from 1980 onward. What are the changes mooted by the government? The Union Cabinet recently cleared changes to the deposit insurance laws to provide funds up to Rs 5 lakh to an account holder within 90 days in the event of a bank coming under the moratorium imposed by the RBI. The Centre plans to introduce the above provision through Deposit Insurance & Credit Guarantee Corporation (Amendment) Bill 2021. How will the fresh changes benefit account holders? Earlier, account holders had to wait for years till the liquidation or restructuring of a distressed lender to get their deposits that are insured against default.  According to the finance ministry, depositors normally end up waiting for 8-10 years before they are able to access their deposits in a distressed bank only after its complete liquidation.  With the changes being proposed to the law, now depositors will get insurance money within 90 days, without waiting for eventual liquidation of the distressed banks. Within the first 45 days of the bank being put under moratorium, the DICGC would collect all information relating to deposit accounts.  In the next 45 days, it will review the information and repay depositors closer to the 90th day.  This will cover banks already under moratorium and those that could come under moratorium. Immediate benefit: This will be beneficial to depositors of PMC Bank, under moratorium since September 2019, with depositors not being able to access funds beyond Rs 1 lakh. Connecting the dots: Yes Bank Crisis Laxmi Vilas Bank Crisis (TEST YOUR KNOWLEDGE) Model questions: (You can now post your answers in comment section) Note: Correct answers of today’s questions will be provided in next day’s DNA section. Kindly refer to it and update your answers. Q.1 According to the Centers for Disease Control and Prevention (CDC)  document, which of the following variant of the coronavirus is as contagious as chickenpox? Kappa Lamda Delta Alpha Q.2 Consider the following statements regarding Information-Monitoring, Evaluation and Social Audit (I-MESA): Social Audits are to be conducted for all the schemes of the Department starting FY 2021-22. These social audits are done through Social Audit Units (SAU) of the States and National Institute for Rural Development and Panchayati Raj. Select the correct statements 1 only 2 only  Both 1 and 2  Neither 1 nor 2  Q.3  Tiger is included under which of the following IUCN category?  Endangered  Vulnerable  Threatened  Least concern  ANSWERS FOR 30th July 2021 TEST YOUR KNOWLEDGE (TYK) 1 C 2 B 3 D Must Read On Green Bonds: Business Today On Himalayas: The Hindu