Posts

[Day 25]: 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-25 of RaRe Series - Click here To Register - Click here For complete details of the RaRe Series -  Click here

IASbaba’s TLP (Phase 1): UPSC Mains Answer Writing – General Studies Paper 3 Questions [25th JUNE,2021] – Day 120

For Previous TLP (ARCHIVES) - CLICK HERE Hello Friends, Welcome to IASbaba’s TLP (Phase 1): UPSC Mains Answer Writing – General Studies Paper 3 Questions [25th JUNE,2021] – Day 120 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. What is black rice? What are its benefits? Why was it in news recently? (10 Marks) काला चावल क्या है? इसके क्या फायदे हैं? हाल ही में यह खबरों में क्यों था? 2. What are the essential components of Environmental Impact Assessment (EIA)? What are the existing guidelines regarding EIA in India? Don’t you think the protestors against ongoing developmental projects need to be sensitised regarding EIA reports? Comment. (10 Marks) पर्यावरणीय प्रभाव आकलन (ईआईए) के आवश्यक घटक क्या हैं? भारत में ईआईए के संबंध में मौजूदा दिशानिर्देश क्या हैं? क्या आपको नहीं लगता कि चल रही विकास परियोजनाओं के विरोध में प्रदर्शन करने वालों को ईआईए रिपोर्ट के बारे में जागरूक करने की आवश्यकता है? टिप्पणी करें 3. What are white foods? What are the health concerns related to white foods? Discuss. (15 Marks) सफेद खाद्य पदार्थ क्या हैं? सफेद खाद्य पदार्थों से संबंधित स्वास्थ्य संबंधी चिंताएं क्या हैं? चर्चा करें। 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 :)

SYNOPSIS [24th JUNE,2021] Day 119: IASbaba’s TLP (Phase 1): UPSC Mains Answer Writing (General Studies)

For Previous TLP (ARCHIVES) - CLICK HERE   SYNOPSIS [24th JUNE,2021] Day 119: IASbaba’s TLP (Phase 1): UPSC Mains Answer Writing (General Studies)   1. ‘Ease of doing business is a critical factor for industrial growth’. In this light, critically assess the performance of the measures taken by the government to improve the ease of doing business in India. Approach  Start with basic definition and explanation of EODB with Indian ranking and how it works. Then highlight the measures taken to improve the ranking with its critical assessment and limitations. Introduction Ease of doing business is an index published by the World Bank. It is an aggregate figure that includes different parameters which define the ease of doing business in a country. It is computed by aggregating the distance to frontier scores of different economies. The distance to frontier score uses the ‘regulatory best practices’ for doing business as the parameter and benchmark economies according to that parameter. Body India has jumped to rank 63 in the World Bank’s Ease of Doing Business 2020 report. High rank in the index signals to world about the attractiveness of the economy and aids in the growth of investments and industrial growth. For each of the indicators that form a part of the statistic ‘Ease of doing business,’ a distance to frontier score is computed and all the scores are aggregated. The aggregated score becomes the Ease of doing business index.  Indicators for which distance to frontier is computed include construction permits, registration, getting credit, tax payment mechanism etc. Countries are ranked as per the index. Measures taken by government to improve ease of doing business are: Goods and Services Tax: 17 indirect Central and State taxes have been replaced with a single indirect tax, Goods and Service Tax (GST), for the entire country. Unification of these taxes will reduce the cascading effect of taxes and make taxes paid on inputs creditable to a higher percentage. Corporate income tax has been reduced from 30% to 25% for companies with a turnover up to INR 250 crore. The Insolvency and Bankruptcy Code has introduced a reorganization procedure for corporate debtors and facilitated continuation of the debtors’ business during insolvency proceedings. Time-bound resolution process is done under the IBC and liquidation is the last resort. Ease of trading across borders: e-Sanchit, an online application system, under the Single Window Interface for Trade (SWIFT) has been implemented. It allows traders to submit all supporting documents electronically with digital signatures. Enforcing Contracts: National Judicial Data Grid has been introduced which makes it possible to generate case measurement report on local courts. National Investment and Infrastructure Fund: The government has set up NIIF with the aim to attract investments from both domestic and international sources for infrastructure development in commercially viable projects. The corpus of the NIIF is proposed to be Rs 40,000 crore ($6 billion) wherein the government will invest 49%. Foreign Investment Promotion Board: In a bid to reduce red-tapism, the government abolished the FIPB which used to scrutinise foreign investment proposals. The proposals are now cleared by departments concerned. ShramSuvidha: The government launched online portal for firms to file a common return on its portal to comply with as many as eight labour laws at one go. Relaxation in FDI norms – For example: The Insurance Law Amendment Act of 2015 -which allows more Foreign Direct Investment in the sector upto 49% Single window clearance system: State governments have streamlined procedures and made it easier to obtain construction permits by allowing the submission of labour inspector commencement and completion notifications through a single-window clearance system. MUDRA loans in 59 minutes to enhance getting credit for business: The initiative aims at automation and digitization of various processes of Business Loan (Term Loan and Working Capital Loan) and Retail Loans (Personal Loan and Home Loan) in such a way that a borrower gets an In-principle approval letter in less than 59 minutes. The growth in industries has been averaging around 7% in the 90s and increased to 7.4% in the last decade. At the end of it the manufacturing, export sectors came under pressure because of the global financial crisis. The government through better regulatory environment aims to attract domestic and foreign investments into the manufacturing sector. Criticisms and limitations of government measures/ Areas that need attention:  The jump in overall ranking was driven primarily by improvements in issuing construction permits (from 181 to 52) and trading across borders (from 146 to 80).  In spite of enacting GST that has led to creation of single market for goods & services, teething problems with respect to filing returns and delay in getting refunds has impacted the ease of doing business. India’s position has thus worsened a bit in the latest ranking on ‘paying taxes’. India’s score remains dismal on registering property, where it ranks 166. While it takes 69 days to register a piece of property in India, in New Zealand this can be done in a single day. As the index is calculated by measuring parameters in only Mumbai and Delhi, the government has focused on improving ease of doing business in these cities often neglecting the red-tapism experienced by the business firms located in tier 2 or tier 3 towns.  Judicial delay in enforcing of Contract: High pendency of cases (nearly 50000 in Supreme Court alone) and high Judicial vacancy (nearly 40% in High Courts) has led to delay in resolution of disputes. Persisting NPA problem has impacted credit growth rate: non-food credit disbursements grew at 12.3 per cent in FY19 (up from 8,4 per cent in FY18), while food credit continued to witness a de-growth at 0.9 per cent. NBFC liquidity crisis – IL&FS and PMC crisis – has predominantly impacted the working capital of MSMEs.  IBC no doubt a very needed reform but it is still in the process of evolving. As of now, it has faced certain issues with its efficiency. The time period taken for the resolution process has been more than what has been allowed under the code. The dissenting financial and operational creditors have been approaching NCLT/NCLAT which has become a hurdle. The judiciary has been involved in interpreting many of the provisions of the law. Recovery of the debt still is on the lower side Conclusion Measures to reduce logistics costs and to improve infrastructure, reducing the cost of land, power, and capital can significantly ease the burden for businesses. Faster implementation of these initiatives will help India consolidate its location-product matrix and realise its potential in high value-add segment. Coupled with steadfast focus on execution and institutional reforms, the EoDB programme should catapult India into the league of nations with a robust business ecosystem that attracts and fosters most innovative enterprises from across the world. 2. Share your views on the idea of privatisation of train and rail route operations. Will it not take away the status of public good from railways? Substantiate your views. Approach  Start with the recent privatisation announcement and then define and explain the public goods with its characteristics linked to Railways services, substantiate the views on need of privatisation and impact on image of public good. Introduction  Indian railway is the third largest in the world carrying 23 million passengers daily, employing 1.3 million people but is operating at an operating ratio of nearly 98%. Running of Tejas express between Delhi and Lucknow marks the beginning of privatisation of Indian railways. Body  What Is a Public Good? In economics, a public good refers to a commodity or service that is made available to all members of a society. Typically, these services are administered by governments and paid for collectively through taxation. Public goods are commodities or services that benefit all members of society, and which are often provided for free through public taxation. Public goods also refer to more basic goods, such as access to railways, public park, clean air and drinking water. Public goods are the opposite of private goods, which are inherently scarce and are paid for separately by individuals. Societies will disagree about which goods should be considered public goods; these differences are often reflected in nations’ government spending priorities. Indian railways as public good:  The main criteria that distinguish a public good are that it will be non-rivalrous and non-excludable. Non-rivalrous means that the goods do not dwindle in supply as more people consume them; non-excludability means that the good is available to all citizens. But Indian railway doesn’t offer services totally free and tickets are based on paid first cum first basis with excludability element, thus nature of Indian railways is not wholly public good.  Indian railways should carry forward with judicious and reasonable privatisation in very much tailored approach with focus on limited routes. Indian railways in need of privatisation: Infrastructure - Cost of holistic development of metro cities railways alone is estimated at 10000 cr. Privatisation will bring investment which will help in infrastructure development. Efficiency - Privatisation is generally associated with high efficiency as seen in the case of privatisation of airports in India. Services - People will get better services for the amount they are paying. Cross subsidisation - This will reduce load on freight as currently passengers fares are subsidised by freight fares. Share of freights got reduced from 89%in 1950 to 31% now. Politics - Railways are the lifeline of our country and politicisation happens during election which hampers pricing of tickets. Lesser accidents - As per national crimes record bureau 2700 Indians died in 2014 railway accidents. Better maintenance - It would make sense for the IR to get private players instead of going ahead with its plan to replace 43,000 outdated ICF coaches with Linke Hofmann Busch (LHB) ones. Better quality of service due to enhanced competition. Public services- British experience suggests that this leads to high satisfaction in public Other businesses- Japan’s corporatisation of railways led to development of real estate and associated business around it. The land with railways can thus be used effectively. Conclusion  As the Indian Railways plays a vital role in transportation of goods in the country, it provides a low cost of transportation of many final and intermediate goods. Thus, the privatization of the system motivated by profit making, should not have inflationary effect and thereby affect the common people. There should be balanced solution that would incorporate the pros of both private and government enterprises and enhance the image of Indian Railways as it continues to serve the world’s largest democracy. 3.How can a credit incentive scheme boost health infrastructure? Elucidate. Approach  The question is based on the current credit incentive scheme introduced by the government India and RBI which can be a good introduction to start.In next part mention some brief features of these incentives and in last elucidate how this will augment various components of the health infrastructure. Introduction An explosive outbreak of the corona virus pandemic in India in recent months overwhelmed the nation’s deficient health care infrastructure, leading to a shortage of everything from hospital beds to oxygen supplies.Therefore India is considering offering as much as $ 6.8 billion (Rs 50,000)of credit incentives to boost health care infrastructure to make health infrastructure ready for any future waves and improve overall quality of health sector to deal with such crises. Body Issues plaguing Indian Health sector : India’s general government expenditure on healthcare as a percent of GDP was just 1.0% in 2017, according to the World Health Organisation (WHO) data, placing it at number 165 out of 186 countries in terms of government expenditure on healthcare. Skewed availability of healthcare across India as poorer States have the worst facilities.In terms of access and quality of health services, India was ranked 145 out of 195 countries in a Lancet study published in 2018, below countries like China (48), Sri Lanka (71) Bhutan (134) and Bangladesh (132). Availability of trained epidemiologists is an issue due to low salary and job insecurity in the health system.There should be one epidemiologist per 0.2 million population. An epidemiologist is a technical person to guide and monitor the process of contact-tracing, marking containment zones and isolating suspected cases. India’s expenditure on R&D as a percent of GDP has continued to remain stagnant at 0.7% of GDP for three decades, with the public sector accounting for 51.8% of national R&D expenditure. This compares to around 2.8% of GDP for the USA, 2.1% of GDP for China, 4.4% of GDP for Korea and around 3% for Germany where the dominant sector by spending on R&D is the private sector. The India health infrastructure was already not adequate for normal times but the pandemic has raised reports on longstanding problem of healthcare workers protesting the shortage of equipment such as ventilators, oxygen cylinders, ICU beds, etc .This has led to government bringing the credit incentive scheme to build quality infrastructure and remove rural urban disparities. Features of the credit incentive scheme of RBI and Government of India. This move is aimed at easing access to emergency healthcare services. To boost the provision of immediate liquidity for ramping up immediate covid-related infrastructure and services in the country. Under this scheme, banks can provide fresh lending support to a wide-ranging of entities including vaccine manufacturers, importers and suppliers of vaccines and priority medical devices, hospitals and dispensaries, pathology labs, manufacturers and suppliers of oxygen and ventilators, and also patients for treatment. These loans will continue to be classified under the 'priority sector' till repayment or maturity, whichever is earlier.  Banks may deliver these loans to borrowers directly or through intermediaries. Banks are expected to create a Covid loan book under this scheme.  Such banks will be eligible to park their surplus liquidity up to the size of the Covid loan book under the reverse repo window at a rate 25 basis points lower than the repo rate. Indian government will act as guarantor in such loans to make the process more faster. Impact of incentives on the Health infrastructure in future: Vaccine manufacturers : The manufacturers of current vaccine such as Serum institute of India and Bharat Biotech as well as vaccines which are in pipeline for final trials  such as Zydus cadila will be able to tap to this liquidity facility and ramp up production of vaccines and build up sufficient inventories to not only vaccinate whole of India by December 2021 which is the target set by the government but to also provide vaccines to rest of the world especially the low income countries who do not have much resources. Importers and suppliers of vaccines : The logistics of vaccine supply will also need to be ramped up for catering to high daily vaccination and therefore the cold storage chains will benefit from this credit incentive keeping in mind that in future mRNA vaccines which require low temperatures can also be in the covid vaccination policy. Medical devices: The critical component such as oxygen concentrators, ventilators, oxygen plants, pulse oximeters which were in deficit and will be needed in any future upsurge will get a boost from the credit incentive scheme. Hospital infrastructure : Many hospitals especially in rural areas were lacking ICU facilities and trained doctors .This credit facilities can help them to invest both in physical and human capital infrastructure to handle not only future covid but. Non covid related cases. Pathology labs : Diagnostics which include blood reports, antigen test, RTPCR have become essential tools to implement the strategy of Test, trace and treat.India initially had only one facility to test samples of covid which has expanded to more than 1000 today.This credit incentive scheme will further augment the diagnostic for better surveillance of the virus and to nip in the bus any future outbreaks.This will also be essential to avoid low testing phenomena seen in rural areas in 1st and 2nd wave of the pandemic. Research institutes: Research institutes can tap the credit facility to invest in clinical trials to evaluate new drugs, offer courses to train health staff to handle the pandemic and other diseases in better way.Further the evolving situation with new variants demand new research in diagnostic, treatment and vaccination. Digital thrust : The digital records for better surveillance and treatment protocols is necessary.Thus the new investment in digitisation of hospitals and rural care centres is necessary which can be made trough this credit facility.This will also lead to better health insurance coverage which is very low in India. Conclusion Therefore the credit incentive facility is welcome in the current situation of pandemic.But to keep the health infrastructure in better shape and avoid inconvenience to citizens in future it is necessary to increase the annual spending on health sector to 2.5 percent of the GDP as envisaged in National health policy, 2017 which will provide better regular funding rather than ad hoc credit incentive schemes.   TLP Synopsis Day 119 PDF

[STEP 5] AWARE (Answer Writing REdefined)- Value Additions & Unique Answer Writing Strategy for Each Paper GS1, GS2, GS3, GS4 - UPSC Mains - Master the Art by Mohan Sir!

Dear Students, AWARE (Answer Writing Redefined) is a new initiative on how to Master the Art of Answer Writing for UPSC MAINS. In this Series, Mohan Sir (Founder, IASbaba) discusses about the 7 Steps to Master the Art of Answer Writing. Now that the foundation to Answer Writing is laid down - 10 Myths about Answer Writing, How to Start Answer Writing? & the 1st Principle of Answer Writing, How to Structure an Answer - 5 Unique Ways of Writing INTRODUCTION & CONCLUSION How to Structure an Answer -Understanding Directives/Keywords in UPSC Mains Answer Writing| Examine,Analyse, Comment Difference between Good, Average and Bad Presentation, How & Where to use Tree Diagram/Flowchart; Hub & Scope Model; Venn Diagram; Geometric Shapes; Cyclic; Timelines; Graphs & tables; Maps & Diagrams!   The next step (5th STEP) is to understand - [VIDEO] Watch, STEP 5 - Value Additions & Answer Writing Strategy for Each Paper GS1, GS2, GS3, GS4 (UPSC Mains) .embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } .pf-content{width:98%;}  TIMELINES: KEYWORDS/DIRECTIVES Explained with Examples! 01:28 - 1.) Value Addition GS1-History 09:08 - Value Addition GS1- Geography 10:12 - Value Addition GS1- Society 12:06 - Value Addition GS2- Polity/Governance 14:13 - Value Addition GS2- International Relations 18:03 - Value Addition GS3- Economics/Agriculture/Industries 19:37 - Value Addition GS4- Ethics 22:16 - Different Strategy for Different Paper Ex: Smart Cities in GS 1 27:47 - Different Strategy for Different Paper Ex: Smart Cities in GS 3 For, TLP+ Mains 2021 Test Series with Mentorship – New Batch starting from 24th May! -> CLICK HERE For, TLP CONNECT 2021 (Prelims + Mains+ Interview) INTEGRATED Mentorship Based Programme -> CLICK HERE To get Regular Updates from IASbaba, follow- TELEGRAM Channel – CLICK HERE YOUTUBE  –  CLICK HERE FACEBOOK  – CLICK HERE INSTAGRAM – CLICK HERE Also, SUBSCRIBE to the WEBSITE (on the right-hand side), so that you don’t miss out on important posts! Thank You IASbaba

WEEKEND WITH BABA

[WEEKEND WITH BABA] Sixth Live Session – Integrated Learning Program (ILP) - 2022 by Atyab Ali Zaidi Sir on 26th June

Dear Students Thank you for a great response to the 'Weekend With Baba' Sessions in the past few weeks and we hope that you are benefitting from it. For this week we are conducting a Live Zoom Session on Details regarding the Integrated Learning Program (ILP) - 2022. Details Regarding the Sixth Live Session The session on Integrated Learning Program (ILP) - 2022 will be taken by Atyab Ali Zaidi sir on 26th June (Saturday) from 5 PM - 6 PM. Zoom Session Details  Topic: Weekend with Baba - Ask Anything - Integrated Learning Program (ILP) - 2022 with Atyab Sir Time: Jun 26, 2021 05:00 PM Join Zoom Meeting - https://us06web.zoom.us/j/84519647338?pwd=R3N2cWY4aFlhOWJIeXBpYUR0SUM2UT09 Meeting ID: 845 1964 7338 Passcode: 680023 Note The Zoom link will be active only on the scheduled time and date. Students will be allowed to participate in the session on a 'first come first serve' basis. To Watch Previous 'Weekend With Baba' Sessions - CLICK HERE INTEGRATED LEARNING PROGRAM (ILP) 2022 - CLICK HERE You can start sharing your questions/queries/doubts with #ASKBABA (related to Integrated Learning Program (ILP) - 2022) 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! P.S: 'CONNECT WITH BABA' consists of the following - Hotline, #AskBaba, Phone-a-Friend, (Monday - Friday between 10 AM to 6 PM), and 'Weekend with Baba' (Every Saturday from 5 PM - 6 PM). To get Regular Updates from IASbaba, follow- TELEGRAM Channel – CLICK HERE YOUTUBE  –  CLICK HERE FACEBOOK  – CLICK HERE

RSTV Video

Insurance Amendment Bill – The Big Picture – RSTV IAS UPSC

Archives In News: General Studies 3 Economy - FDI In news: The Rajya Sabha passed the Insurance Amendment Bill, 2021 recently.  The Bill amends the Insurance Act, 1938. It increases the maximum foreign investment allowed in an insurance company from 49% to 74%. The Act provides the framework for functioning of insurance businesses and regulates the relationship between an insurer, its policyholders, its shareholders, and the regulator (the Insurance Regulatory and Development Authority of India).  The Bill seeks to increase the maximum foreign investment allowed in an Indian insurance company. Salient Features i) Foreign investment The Act allows foreign investors to hold up to 49% of the capital in an Indian insurance company, which must be owned and controlled by an Indian entity. The Bill increases the limit on foreign investment in an Indian insurance company from 49% to 74%, and removes restrictions on ownership and control. However, such foreign investment may be subject to additional conditions as prescribed by the central government. ii) Investment of assets  The Act requires insurers to hold a minimum investment in assets which would be sufficient to clear their insurance claim liabilities. If the insurer is incorporated or domiciled outside India, such assets must be held in India in a trust and vested with trustees who must be residents of India. The Act specifies in an explanation that this will also apply to an insurer incorporated in India, in which at least: (i) 33% capital is owned by investors domiciled outside India, or (ii) 33% of the members of the governing body are domiciled outside India. The Bill removes this explanation. Outcomes envisioned Increased access to frsh capital to some companies that are struggling to raise capital currently Better solvency for some insurers along with long-term growth capita  Investment in technology to adapt to the evolving customer needs (especially in terms of digital platforms) leading to further customer acquisition  Connecting the Dots: What are the problems faced by Insurance Sector in India. Do you think private players should be allowed to compete with Government.organizations in this sector? Examine the status of insurance coverage in India.

DAILY CURRENT AFFAIRS IAS | UPSC Prelims and Mains Exam – 24th June 2021

Archives (PRELIMS + MAINS FOCUS) Great Barrier Reef recommended to be added to a list of “in danger” World Heritage Sites Part of: GS Prelims and GS -III - Climate change In news Recently, the UNESCO World Heritage Committee has recommended that the Australia’s Great Barrier Reef should be added to a list of “in danger” World Heritage Sites. It was recommended to add to the list because of the impact of climate change. Despite Reef 2050, the coral reef ecosystem has suffered three major bleaching events since 2015 due to severe marine heatwaves. The Reef 2050 Long-Term Sustainability Plan is the Australian and Queensland Government’s framework for protecting and managing the Great Barrier Reef by 2050. Australia, which is one of the world's largest carbon emitters per capita, has remained reluctant to commit to stronger climate action and has pointed out jobs as a major reason to continue fossil fuel industries. It has not updated its climate goals since 2015. About Great Barrier Reef It is the world’s most extensive and spectacular coral reef ecosystem composed of over 2,900 individual reefs and 900 islands. The reef is located in the Coral Sea (North-East Coast), off the coast of Queensland, Australia. It can be seen from outer space and is the world’s biggest single structure made by living organisms. This reef structure is composed of and built by billions of tiny organisms, known as coral polyps. Polyps are tiny, soft-bodied organisms.  At their base is a hard, protective limestone skeleton called a calicle, which forms the structure of coral reefs. These polyps have microscopic algae called zooxanthellae living within their tissues. The corals and algae have a mutualistic (symbiotic) relationship. It was selected as a World Heritage Site in 1981. Initiatives to Protect Corals International Coral Reef Initiative Global Coral Reef Monitoring Network (GCRMN) Global Coral Reef Alliance (GCRA) The Global Coral Reef R&D Accelerator Platform The Ministry of Environment and Forests and Climate Change (MoEF&CC), India has included the studies on coral reefs under the Coastal Zone Studies (CZS). The Zoological Survey of India (ZSI), with help from Gujarat’s forest department, is attempting a process to restore coral reefs using “biorock” or mineral accretion technology. National Coastal Mission Programme, to protect and sustain coral reefs in India. WHO declares Ebola outbreak in Guinea over Part of: GS Prelims and GS -II - Health In news Recently, the World Health Organisation (WHO) has declared that the Ebola outbreak that started in February 2021 in Guinea, is over now. About Ebola Virus Disease (EVD) Ebola, also known as Ebola virus disease (EVD) or Ebola hemorrhagic fever (EHF), is a viral hemorrhagic fever of humans and other primates caused by ebolaviruses. It is transmitted to people from wild animals and spreads in the human population through human to human transmission. Ebola virus was first discovered in 1976 near the Ebola River (the present Democratic Republic of Congo) Transmission: Fruit bats of the Pteropodidae family are natural Ebola virus hosts. Animal to Human Transmission: Ebola is introduced into the human population through close contact with the blood, secretions, organs or other bodily fluids of infected animals such as fruit bats, chimpanzees, gorillas, found ill or dead or in the rainforest. Human-to-Human Transmission: Ebola spreads via direct contact (through broken skin or mucous membranes) with: Blood or body fluids of a person who is sick with or has died from Ebola. Objects that have been contaminated with such body fluids (like blood, feces, vomit). Symptoms: Fever, Fatigue, Muscle pain, Headache, Sore throat, Vomiting, Diarrhoea, and in some cases, both internal and external bleeding. Diagnosis: ELISA (antibody-capture enzyme-linked immunosorbent assay) Reverse transcriptase polymerase chain reaction (RT-PCR) assay, etc. Vaccines: The Ervebo vaccine. In May 2020, the European Medicines Agency recommended granting marketing authorization for a 2-component vaccine called Zabdeno-and-Mvabea for individuals 1 year and older. Treatment: Two monoclonal antibodies (Inmazeb and Ebanga) have been approved for the treatment of Zaire ebolavirus infection in adults and children by the US. Increase in Direct Tax Collections Part of: GS Prelims and GS-III - Economy In news India’s direct tax collections in the first two and a half months (April - June) of 2021-22 stand at nearly Rs. 1.86 lakh crore, which is double the collections over the same period of last year that was affected by the national lockdown. It includes Corporation Tax collections and Personal Income Tax inflows. The increase in the direct tax collections is mainly attributed to healthy exports and a continuation of various industrial and construction activities. It is expected that GDP will record a double-digit expansion in Quarter 1 of 2021-22. About Direct Tax A direct tax is a tax that a person or organization pays directly to the entity that imposed it. An individual taxpayer, for example, pays direct taxes to the government for various purposes, including income tax, real property tax, personal property tax, or taxes on assets. Government Initiatives to Improve Direct Taxes The Finance Act, 2020 has provided an option to individuals and co-operatives for paying income-tax at concessional rates if they do not avail specified exemption and incentive for Personal Income Tax  Vivad se Vishwas: Under Vivad se Vishwas, declarations for settling pending tax disputes are currently being filed. This will benefit the Government by generating timely revenue and also to the taxpayers by bringing down mounting litigation costs. For widening the tax base, several new transactions were brought into the ambit of Tax Deduction at Source (TDS) and Tax Collection at Source (TCS). These transactions include huge cash withdrawal, foreign remittance, purchase of luxury cars, e-commerce participants, sale of goods, acquisition of immovable property, etc. ‘Transparent Taxation - Honoring The Honest’ platform: It is aimed at bringing transparency in income tax systems and empowering taxpayers. New Doppler Radars in Maharashtra: IMD Part of: GS Prelims and GS -III - Indigenization of Technology In news Recently, the India Meteorological Department (IMD) announced that it will install seven new doppler radars in Maharashtra, including Mumbai in 2021. In January 2021, Ministry of Earth Sciences commissioned two of the ten indigenously built X-Band Doppler Weather Radars (DWR) to closely monitor the weather changes over the Himalayas. About Doppler Radar It is a specialized radar that uses the Doppler effect to produce velocity data about objects at a distance. Doppler effect: When the source and the signal are in relative motion to each other there is a change in the frequency observed by the observer.  If they are moving closer, frequency increases and vice versa. Based on Doppler principle the radar is designed to improve precision in long-range weather forecasting and surveillance using a parabolic dish antenna and a foam sandwich spherical radome. DWR has the equipment to measure rainfall intensity, wind shear and velocity and locate a storm centre and the direction of a tornado or gust front. About India Meteorological Department It is an agency of the Ministry of Earth Sciences, established in 1875. It is the principal agency responsible for meteorological observations, weather forecasting and seismology. Pic courtesy: Researchgate Drone Survey Mandatory for All National Highways Projects Part of: GS Prelims and GS III - Infrastructure In news  The National Highways Authority of India (NHAI) has made use of drones mandatory for video recording of the national highway projects during different stages of development, construction, operation and maintenance. These videos will be saved on NHAI’s portal “Data Lake” to assess the progress made on the projects. Significance Enhance transparency and uniformity. The videos can be used during the physical inspection of the projects. They can also be used as evidence during the dispute resolution process before Arbitral Tribunals and Courts. The mandatory deployment of Network Survey Vehicle (NSV) to carry out road condition surveys on the National Highways will enhance the overall quality of the highways. About National Highways Authority of India (NHAI) NHAI was set up under NHAI Act, 1988. It has been entrusted with the National Highways Development Project (NHDP), along with other minor projects for development, maintenance and management. NHAI maintains the National Highways network to global standards and in a cost effective manner NHAI’s Portal “Data Lake” NHAI has gone ‘Fully Digital’ with the launch of Data Lake and Project Management Software. It is cloud based and Artificial Intelligence powered Big Data Analytics platform All project documentation, contractual decisions and approvals are now done through the portal only. Miscellaneous 4th Tiger Reserve in Rajasthan Recently, the Ramgarh Vishdhari wildlife sanctuary received a nod from the National Tiger Conservation Authority’s (NTCA) technical committee to become the 4th Tiger reserve of Rajasthan. Other Three Tiger Reserves of Rajasthan: Ranthambore Tiger Reserve (RTR) in Sawai Madhopur Sariska Tiger Reserve (STR) in Alwar Mukundra Hills Tiger Reserve (MHTR) in Kota. Protection Status of Tiger Indian Wildlife (Protection) Act, 1972: Schedule I IUCN Red List: Endangered. CITES: Appendix I. The NTCA was launched in 2005, following the recommendations of the Tiger Task Force.  It is a statutory body of the Ministry of Environment, Forests and Climate Change., with an overarching supervisory/coordination role, performing functions as provided in the Wildlife (Protection) Act, 1972. (Mains Focus) ECONOMY/ SCIENCE & TECH Topic: GS-3: Economy, development and challenges GS-3: Awareness in the fields of IT, computers, robotics Robo Sapiens- Future of the Work Context: A recent study by McKinsey flags that ultimately it is activities rather than jobs that are being automated. $2tn in wages or 45% of work activities in the US could already be automated with existing technologies Evolution of robots in present times Pandemic accelerated adoption of robots: Covid has hastened the adoption of technologies such as AI, chatbots, robot process automation (RPA) in white collar roles and industrial robots in blue collar jobs—all of which could displace 2 billion jobs by 2030 Rapid pace of AI development: A recent survey of AI researchers places a 50% probability on all human tasks being automated in 45 years where there is a 50:50 likelihood of full AI (human level AI, full breadth of human capabilities) by 2040-50E and a 90% possibility by 2075E. Increased Productivity of economy: Robots can function for 24 hours per day and this represents a significant saving of up to 10:1 vs. human labour. Concerns with emergence of robots/automation:  Premium on Creative Skills: There will be increased demand for jobs within occupational groups that require social intelligence, creativity and complex problem solving as opposed to repetitive, low dexterity skills. Job Losses:  Up to 47% of US jobs could be at risk over the next 20 years from computerisation. And in Emerging Markets, this figure could reach 85%. Impact on India IT Sector jobs: India-based IT outsourcers, who spearheaded the growth post 1991 reforms, appear to be planning for a 3 million/30% reduction in ‘low-skilled’ roles globally by 2022 because of Robot Process Automation (RPA) upskilling. This represents $100 bn in reduced salary costs. Workers disputes: The nature of the work for human are undergoing changes for instance recent decade saw rise of gig jobs rather than 9 t 5 employment. Emergence of robots is also bound to change nature of human jobs which might give rise to regulatory disputes around sick/overtime pay, insurance, worker’s rights, etc Global disconnect between labour & Technology: This disconnect is due to the 20th century education practices dating back to the Victorian age which have not kept up with the rapidly changing 21st century workplace Reskilling Burden on Governments: Around 100 million Europeans may need to acquire new skills this decade to transition to new jobs. One area of retraining could be from fossil to renewables where in the US, it could cost just $180mn to retrain 90,000 coal workers to work in solar.  Conclusion Lifelong learning, corporate training and development, vocational education, and massive open online courses (MOOCs) will also be critical tools to future-proofing employment prospects. Connecting the dots: Responsible Artificial Intelligence  Blockchain Technology and Voting ECONOMY/ GOVERNANCE Topic: GS-3: Indian Economy and issues relating to planning, mobilization, of resources, growth, development  GS-3: Infrastructure: Energy Power Sector: Issues with DISCOMS Context: There was a sharp decline in the dues owed by power distribution companies, discoms, to power generating companies as they made use of liquidity facility arranged by the Centre. Issues Sustenance Issues: Improvement in DISCOM’s financial and operational indicators not being sustained calling for another rescue package from centre. High AT&C (Aggregate Technical and Commercial) losses, at 21.7%, due to poor or inadequate infrastructure or on account of theft or bills not being generated or honoured.  Profitability: The gap between discoms’ costs (average cost of supply) and revenues (average revenue realised), supposed to have been eliminated by now, stands at Rs 0.49 per unit due to lack of regular and commensurate tariff hikes. Pandemic Impact: With demand from industrial and commercial users falling, revenue from this stream, which is used to cross-subsidise other consumers, has declined, leading to build up of stress on DISCOMS. Lack of Data: Even six years after UDAY was launched, various levels in the distribution chain — the feeder, the distribution transformer (DT) and the consumer — have not been fully metered. This lack of data makes it difficult to ascertain the level in the chain where losses are occurring. Some of the suggestions put forward to alter the status quo are: National power distribution company. Privatisation of distribution chain. Deduct discom dues, owed to both public and private power generating companies, from state balances with the RBI forcing states to take the necessary steps to fix discom finances. Linking additional state borrowings to the completion of distribution reforms can incentivise states to act. Connecting the dots: India’s DISCOM Stress – Financial issue and hurdles in timely payment Draft of Electricity (Rights Of Consumers) Rules, 2020 Ujwal DISCOM Assurance Yojana  (UDAY) (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. Comments Up-voted by IASbaba are also the “correct answers”. Q.1 How are coral reefs made? From hardened lava from volcanoes From rocks that are forced up from the ocean floor From hardened sea salt From small living organisms call polyps Q.2 Which of the following recently became the 4th Tiger reserve of Rajasthan? Bhadra Wildlife sanctuary Chinnar Wildlife sanctuary Kutch Desert Wildlife sanctuary Ramgarh Vishdhari wildlife sanctuary  ANSWERS FOR 23rd June 2021 TEST YOUR KNOWLEDGE (TYK) 1 D 2 A 3 C Must Read On Gender Gap in Tech: The Hindu On Aviation Sector: The Hindu On blended learning: Indian Express

Daily Prelims CA Quiz

UPSC Quiz – 2021 : IASbaba’s Daily Current Affairs Quiz 24th JUNE 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 3 Questions [24th JUNE,2021] – Day 119

For Previous TLP (ARCHIVES) - CLICK HERE Hello Friends, Welcome to IASbaba’s TLP (Phase 1): UPSC Mains Answer Writing – General Studies Paper 3 Questions [24th JUNE,2021] – Day 119 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. Share your views on the idea of privatisation of train and rail route operations. Will it not take away the status of public good from railways? Substantiate your views. (10 Marks) ट्रेन और रेल मार्ग संचालन के निजीकरण के विचार पर अपने विचार साझा करें। क्या यह रेलवे से जनहित वस्तु का दर्जा नहीं छीन लेगा? अपने विचारों की पुष्टि करें। 2. ‘Ease of doing business is a critical factor for industrial growth’. In this light, critically assess the performance of the measures taken by the government to improve the ease of doing business in India. (10 Marks) 'व्यापार करने में आसानी औद्योगिक विकास के लिए एक महत्वपूर्ण कारक है'। इस प्रकाश में, भारत में व्यापार करने में आसानी में सुधार के लिए सरकार द्वारा उठाए गए उपायों के प्रदर्शन का समालोचनात्मक मूल्यांकन करें। 3. How can a credit incentive scheme boost health infrastructure? Elucidate. (15 Marks) क्रेडिट प्रोत्साहन योजना स्वास्थ्य बुनियादी ढांचे को कैसे बढ़ावा दे सकती है? स्पष्ट करें। 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 :)

IASbaba's Courses

[ADMISSIONS OPEN] SOCIOLOGY OPTIONAL: FOUNDATION COURSE FOR UPSC 2022 and MAINS TEST SERIES for UPSC 2021

Dear Students We at IASbaba are providing guidance for Sociology Optional Subject which is one the most popular subjects and the most rewarding considering the overlap it has with other subjects like GS1, Essay, and Ethics. We have launched programs/courses for CSE 2021 as well as CSE 2022 aspirants. Faculty Profile Dr.Vamshi Krishna NC (BDS, M.A. in Sociology) is today a known name in Sociology optional preparation especially known for tackling dynamic portions of paper-2 and has been one of the highest scorers in UPSC CSE Sociology(2014, 2015) thus well versed with the new format and its complexities. He is also an avid contributor for Sociology research papers on Academia and Research Gate websites well known amongst the research community. UPSC Topper 2019, SANJITA MOHAPATRA, Rank 10 IASbaba's Sociology Student shares her preparation strategy - CLICK HERE Sociology Foundation Course for UPSC CSE 2022 The entire ecosystem of the Sociology Foundation Course is designed in such a way that even a first-time student with no specialized knowledge in the subject will be able to compete and outdo even the experienced candidates and face the questions with utmost confidence. Features of the Programme Classes – Comprehensive coverage of the syllabus including the complete dynamic syllabus of Paper-2 through customized and readily accessible videos. Live and regular doubt clearing sessions. Personalized online dashboard for every student with access till Mains exam of 2022. Most comprehensive answer writing program which includes 15 sectional & 15 grand tests with synopsis, evaluation, feedback & video analysis Topic-wise class Notes in easy to understand format sourced from standard books (not guides) Incorporation of solved PYQ’S at the end of each topic Individual mentorship  The total number of teaching hours: 200 hours. VAN 2.0-sociological analysis of current events (concept & application), additional concepts, easy revision mind maps, data sets for answer enrichment. For More Details and Enrollment - CLICK HERE Sociology Optional Mains Test Series for UPSC CSE 2021 This program is mainly focused on improving answer writing skills by simulating the UPSC level model questions (Especially Current Affairs, Paper – 2, Application Based Questions in Paper – 1), unlike other test series programs which repeat previous year questions. Features of the Program: Sectional and full-length tests (Total 12 tests). Flexible timetable to suit the convenience and balance it with GS preparation. Timely evaluation with comprehensive feedback. Comprehensive Synopsis. Dedicated student dashboard. Unique Features: VAN consisting of a Sociological analysis of current events and some important mind maps. Two live interaction sessions regarding ANSWER WRITING with Dr. Vamshi Krishna sir after the Prelims 2021. For More Details and Enrollment - CLICK HERE How to score 300+ in Sociology Optional?? For any queries, you can reach us at sociology@iasbaba.com or can directly call us on 63664 56458 / 84296 88885   Thank You! IASbaba