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Daily Prelims CA Quiz

UPSC Quiz - 2020 : IAS Daily Current Affairs Quiz Day 58

UPSC Quiz - 2020 : IASbaba’s Daily Current Affairs Quiz Day 58 Archives Q.1) Which of the following Conventions aims to conserve terrestrial, Marine and Avian migratory species? Rotterdam Convention Bonn Convention Ramsar Convention Washington Convention Q.2) The ‘Golden Triangle’ of South-East Asia refers to  The shallow seas near Straits of Malacca where high-density fishing is done  An area infested with insurgency, terrorism and trafficking  An area prone to maximum cyclone and Tsunami hits An extensive opium producing area  Q.3) Which of the following statement is INCORRECT about ‘Biosimilars’? Biosimilars are less costly imitations of drugs known as biologics Biosimiliar and Generic drugs are same and used interchangeably. Biosimilars can help cut drug costs Biologic drugs are made using living cells that treat disease, usually by genetically modifying cells Q.4) ‘Garole, Malpura, Patanwadi’ breed refers to - Cow Buffalo Sheep Goat Q.5) Logistics Performance Index is released by  World Economic Forum  United Nations Development Programme  World Trade Organisation World Bank  To Download the Solution - Click here All the Best  IASbaba

PIB

Press Information Bureau (PIB) IAS UPSC – 19th Aug to 25th August – 2019

Press Information Bureau (PIB) IAS UPSC – 19th to 25th August – 2019 ARCHIVES GS-1 Relics found by Archaeological Survey of India (ASI) in Maharastra’s Phupgaon (Topic: Ancient Indian History) The recent excavation carried out by Archaeological Survey of India (ASI) at Maharashtra’s Phupgaon has revealed evidence of an Iron Age settlement in the Vidarbha region.  The excavation at the site was taken up between December, 2018 and March, 2019. Location: The team of ASI took up an intensive survey in the region between Chandur Bazar to Dariyapur of Purna basin at Phupgaon, Amravati district of Maharashtra. The site is situated in the vast meander of the river Purna, a major tributary of Tapi, which used to be a perennial river, but at present is completely dried-up due to the dam construction in the upper stream. The site is situated about 20 m away from the river bed and its one-third portion has been subjected to frequent erosion during the heavy water current in the earlier times. Discoveries A total of 9 trenches were taken for excavations, which brought to light the house remains and other associated features like hearth, post-holes and artefacts. During the course of excavation, 4 complete circular structures were exposed. All were found encircled with post holes. These structures were found to be enclosed with a circular ditch like feature and postholes. Inside of these structure floor activity, storage bin platforms and hearths were noticed. The excavation also exposed antiquities like beads of agate-carnelian, jasper, quartz and agate were collected in large quantity. Iron, Copper objects have also been collected from all the trenches. Large quantity of graffiti marks had been observed on the potsherds. The river Purna, a major tributary of the river Tapi, has witnessed several archaeological sites on its either side of the banks. A number of cultural remains in the form of various antiquities and pottery have unraveled the nature of those settlements ranging from Paleolithic to late medieval period. The excavation is significant as it indicates the presence of sedentary (permanent) settlement, belonging to the Iron Age of Vidarbha.  The settlement comes under the category of a small village with evidence of a small agro-pastoral community with evidences of craftsmanship in the form of beads of agate-carnelian, jasper, quartz and also usage of other artefacts like hopscotch, wheel and barrel shaped beads.  The finding from Phupgaon indicates its contemporaneity with other Iron Age settlements of Vidarbha like Naikund, Mahurjhari, Bhagimori and Thakalkat. GS-2 Draft National Resource Efficiency Policy Released (Topic: Government policies and interventions for development in various sectors and issues arising out of their design and implementation) By: Ministry of Environment, Forest and Climate Change Natural resources form the backbone of any economic development. India, as one of the fastest growing economies with GDP at 2.6 trillion USD, has increased its material consumption to six times, from 1.18 billion tonnes (BT) in 1970 to 7 BT in 2015. The material consumption is expected to increase further to provide for an increasing population, rapid urbanization and growing aspirations. Enhancing resource efficiency and promoting the use of secondary raw materials has emerged as a strategy for ensuring that the potential trade-off between growth, resource constraints and environmental well-being can be minimized. The Draft National Resource Efficiency Policy (NREP) envisions a future with environmentally sustainable and equitable economic growth, resource security, healthy environment (air, water and land), and restored ecosystems with rich ecology and biodiversity. The Draft National Resource Efficiency Policy is guided by the principles of  (i) Reduction in primary resource consumption to ‘sustainable’ levels, in keeping with achieving the Sustainable Development Goals and staying within the planetary boundaries, (ii) Creation of higher value with less material through resource efficient and circular approaches,  (iii) Waste minimization,  (iv) Material security, and creation of employment opportunities and business models beneficial to the cause of environment protection and restoration. The Draft National Resource Efficiency Policy provides an overarching collaborative framework for resource efficiency across all sectors in the country, covering both biotic and abiotic resources and life cycle stages and aspires for cross-sectoral stakeholder partnerships for the cause of resource efficiency for sustainable development. Urgent need to bring in ‘Elimination of Discrimination against Persons Affected by Leprosy (EDPAL) Bill’ (Topic:  Government policies and interventions for development in various sectors and issues arising out of their design and implementation Welfare schemes for vulnerable sections of the population) Issue: Even though the disease is now fully curable, it is disturbing to learn that there still exist 108 discriminatory laws against persons affected by leprosy including 3 Union and 105 State laws. National Leprosy Eradication Programme (NLEP) has achieved enormous success in leprosy control, particularly in the last four decades.  In addition to the routine activities, more than a dozen innovations were introduced from 2016 onwards in a phased manner to address the issues being faced by the programme. Leprosy Case Detection Campaign (LCDC) (specific for high endemic districts),  Focussed Leprosy Campaign (for hot spots i.e., rural and urban areas),  Special plan for case detection in hard to reach areas,  ASHA based Surveillance for Leprosy Suspects (ABSULS) have contributed to early casedetection Sparsh Leprosy Awareness Campaign (SLAC) is implemented to reduce stigma against persons affected by Leprosy in the community.  These innovations have given the much needed impetus to the programme. Moreover, leprosy has become fully curable by Multi–Drug Therapy (MDT). This therapy is available free of cost at all the Government health care facilities in the country.   A leprosy affected person after treatment does not transmit the disease agent. Hence, there exists no justification for the continued stigmatization of the persons affected by leprosy Indo-French Road map on Cyber security and Digital Technology (Topic: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests) France and India intend to make digital technology a transformative factor in their societies, to foster economic growth, sustainable development and secure enhanced internet access which is essential to bridge digital divide. France and India thus advocate a vision of digital technologies that empowers citizens, reduces inequalities, and promotes sustainable development. International security and diplomatic effort: France and India affirm their commitment to an open, reliable, secure, stable and peaceful cyberspace. International law, and in particular the Charter of the United Nations, is applicable and is essential to maintaining peace and stability and promoting an open, secure, peaceful and accessible Digital environment. Governance, sovereignty, and technological regulation: France and India recognise that the rapid development of digital technology and its use must be accompanied by a cooperative, coherent, determined and resolute action by the international community, aimed at guaranteeing the sovereignty of States over the Digital Infrastructure located within the territory of the States as well as the protection of online human rights and freedom of expression. Cooperation in the field of cybersecurity: Recognizing the need to strengthen the security of Digital processes, products and services, France and India intend to share information on the legal and regulatory framework and best practices, including on the protection of Economic Information Infrastructure impacting National security, and on testing and certification of Digital products. In this context, France and India intend to work together on the risks associated with the deployment of 5G technologies and the technical solutions adopted to deal with them. Cooperation in the area of fight against cybercrime: France and India recognize that cybercrime is a transnational crimethat requires enhanced international cooperation to effectively bring cyber criminals to justice. As such, they plan to strengthen their cooperation in this area, with a particular view to facilitating sharing of information, evidence collection, the identification of offenders, particularly malware developers, hosters / hosting platform providers or broadcasters. Regulation of artificial intelligence: France and India recognized the need for developing and implementing AI policies/programs inthe context of citizen centric services, data sovereignty from legal, regulatory and cyber security perspectives. France and India are committed to fostering research and development in AI by sharing expertise and best practices. France and India affirm their wish to further expand and deepen this cooperation, in three main areas: High performance computing applied to artificial intelligence; Quantum calculation, in this respect they appreciate the creation of an Indo-French Center of Excellence in Quantum Calculation in Pune; Exascale calculation GS-3 Launch of SARAL – ‘State Rooftop Solar Attractiveness Index’ (Topic: Environment; Solar energy) To achieve our rooftop solar targets, it is important to develop an ecosystem that ensures information symmetry, access to financing and clear market signals. Thus, the MNRE has developed the State Rooftop Solar Attractiveness Index–SARAL that evaluates Indian states based on their attractiveness for rooftop development. SARAL is the first of its kind index to provide a comprehensive overview of state-level measures adopted to facilitate rooftop solar deployment. It would incentivise rooftop solar by creating healthy competition among the States. Such an exercise is likely to create a more conducive environment for solar rooftop installations, encourage investment and lead to accelerated growth of the sector. SARAL has been designed collaboratively by the Ministry of New and Renewable Energy (MNRE), Shakti Sustainable Energy Foundation (SSEF), Associated Chambers of Commerce and Industry of India (ASSOCHAM) and Ernst & Young (EY). Captures five key aspects – Robustness of policy framework Implementation environment Investment climate Consumer experience Business ecosystem Note: The State of Karnataka has been placed at the first rank in the Index that evaluates Indian states based on their attractiveness for rooftop development. Telangana, Gujarat and Andhra Pradesh have got 2nd, 3rd and 4th rank respectively. Proposal to declare ocean energy as Renewable Energy approved (Topic:  Environment Renewable energy - Ocean energy) Ministry of New and Renewable Energy has clarified to all the stakeholders that energy produced using various forms of ocean energy such as tidal, wave, ocean thermal energy conversion etc. shall be considered as Renewable Energy and shall be eligible for meeting the non-solar Renewable Purchase Obligations (RPO). Ocean Energy: Oceans cover 70 percent of the earth’s surface and represent an enormous amount of energy in the form of wave, tidal, marine current and thermal gradient. A variety of different technologies are currently under development throughout the world to harness this energy in all its forms. Deployment is currently limited but the sector has the potential to grow, fuelling economic growth, reduction of carbon footprint and creating jobs not only along the coasts but also inland along its supply chains. As Government of India steps up its effort to reach the objectives to contemplate its Renewable Energy and climate change objectives post 2022, it is opportune to explore all possible avenues to stimulate innovation, create economic growth and new jobs as well as to reduce our carbon footprint. India has a long coastline with the estuaries and gulfs. MNRE looks over the horizon at development of new technology and considers the various options available to support its deployment. Most types of technologies are currently at pre-R&D / demonstration stage or the initial stage of commercialization. Basic R&D is being looked after by the Ministry of Earth Sciences (example: National Institute of Ocean Technology, Chennai). MNRE intends to support demonstration projects of proven technologies and as approved by expert committee constituted by MNRE. Objective: To accelerate and enhance support for the resource assessment and deployment of ocean energy in the country and to harness it for power generation and to overcome the barriers. The technology programme is open to public and private sectors to carry out projects in India.  Potential  Total identified potential of Tidal Energy is about 12455 MW, with potential locations identified at Khambat & Kutch regions, and large backwaters, where barrage technology could be used. The total theoretical potential of wave energy in India along the country’s coast is estimated to be about 40,000 MW – these are preliminary estimates. This energy is however less intensive than what is available in more northern and southern latitudes. OTEC has a theoretical potential of 180,000 MW in India subject to suitable technological evolution. Technology: Although currently under-utilised, Ocean energy is mostly exploited by just a few technologies: Wave, Tidal, Current Energy and Ocean Thermal Energy.  a) Tidal Energy: The tidal cycle occurs every 12 hours due to the gravitational force of the moon. The difference in water height from low tide and high tide is potential energy. Similar to traditional hydropower generated from dams, tidal water can be captured in a barrage across an estuary during high tide and forced through a hydro-turbine during low tide. The capital cost for tidal energy power plants is very high due to high civil construction and high power purchase tariff.  To capture sufficient power from the tidal energy potential, the height of high tide must be at least five meters (16 feet) greater than low tide. The Gulf of Cambay and the Gulf of Kutch in Gujarat on the west coast have the locations in the country where potential exists  b) Wave Energy: Wave energy is generated by the movement of a device either floating on the surface of the ocean or moored to the ocean floor. Many different techniques for converting wave energy to electric power have been studied. Wave conversion devices that float on the surface have joints hinged together that bend with the waves. This kinetic energy pumps fluid through turbines and creates electric power. Stationary wave energy conversion devices use pressure fluctuations produced in long tubes from the waves swelling up and down. This bobbing motion drives a turbine when critical pressure is reached. Other stationary platforms capture water from waves on their platforms. This water is allowed to runoff through narrow pipes that flow through a typical hydraulic turbine. c) Current Energy: Marine current is ocean water moving in one direction. This ocean current is known as the Gulf Stream. Tides also create currents that flow in two directions. Kinetic energy can be captured from the Gulf Stream and other tidal currents with submerged turbines that are very similar in appearance to miniature wind turbines. Similar to wind turbines, the movement of the marine current moves the rotor blades to generate electric power.  d) Ocean Thermal Energy Conversion (OTEC): Ocean thermal energy conversion, or OTEC, uses ocean temperature differences from the surface to depths lower than 1,000 meters, to extract energy. A temperature difference of only 20°C can yield usable energy. Research focuses on two types of OTEC technologies to extract thermal energy and convert it to electric power: closed cycle and open cycle. In the closed cycle method, a working fluid, such as ammonia, is pumped through a heat exchanger and vaporized. This vaporized steam runs a turbine. The cold water found at the depths of the ocean condenses the vapor back to a fluid where it returns to the heat exchanger. In the open cycle system, the warm surface water is pressurized in a vacuum chamber and converted to steam to run the turbine. The steam is then condensed using cold ocean water from lower depths. Prelims oriented news P V Sindhu won Gold at BWF World Championship The second moon mission of India, the Chandrayaan-2 has been precisely inserted in defined orbit. First World Youth Conference on Kindness Organised by the UNESCO Mahatma Gandhi Institute of Education for Peace and Sustainable Development and Ministry of Human Resource Development on the theme 'Vasudhaiva Kutumbakam: Gandhi for the Contemporary World: Celebrating the 150th birth anniversary of Mahatma Gandhi’ at the VigyanBhavan in New Delhi.  Inspired by Mahatma Gandhi, the conference aimed to provide global youth and policymakers an innovative, engaging and inspiring platform to come together and strive to discover ground-breaking pathways to achieve the United Nations’ Sustainable Development Goals (SDGs). Review: Ayushman Bharat – Pradhan Mantri Jan Arogya Yojana More than 39 lakh people have availed cashless treatment worth over Rs. 6,100 crore for serious illnesses since the launch of AB-PMJAY. This has resulted in savings of Rs. 12,000 crore to the beneficiary families. Government launched the newly designed grievance management portal of AB-PMJAY, an online system to help members of the general public to register their grievances and get assisted support. Launch of NISHTHA: National Mission to improve Learning Outcomes at the Elementary level- NISHTHA, National Initiative for School Heads and Teachers Holistic Advancement To build capacities of 42 Lakh government teachers across the country – to motivate and equip teachers to encourage and foster critical thinking in students Teachers will get awareness and develop their skills on various aspects related to Learning Outcomes, Competency Based Learning and Testing, Learner-centered Pedagogy, School Safety and Security, Personal-social qualities, Inclusive Education, ICT in teaching-learning including Artificial Intelligence, Health and well-being including yoga, Initiatives in School Education including library, eco club, youth club, kitchen garden, School Leadership qualities, Environmental Concerns, Pre-school, Pre-vocational Education and School Based Assessment in a joyful learning manner. The prominent features of this integrated programme are activity based modules including educational games and quizzes, Social-emotional learning, motivational interactions, team building, preparation for school based assessment, in-built continuous feedback mechanism, online monitoring and support system, training need and impact analysis (Pre and Post training). This mega capacity building programme has been integrated with technology to ensure smooth facilitation, availability of digital content and technology enabled teaching methods to support the teachers. In order to ensure sustainable impact on classroom transactions, this integrated training programme is embedded with post training interventions including provision of mentoring. Sabka Vishwas-Legacy Dispute Resolution Scheme, 2019 Target Audience: To be availed by large number of taxpayers for closing their pending disputes relating to legacy Service Tax and Central Excise cases The two main components of the Scheme are dispute resolution and amnesty.  The dispute resolution component is aimed at liquidating the legacy cases of Central Excise and Service Taxthat are subsumed in GST and are pending in litigation at various forums. The amnesty component of the Scheme offers an opportunity to the taxpayers to pay the outstanding tax and be free of any other consequence under the law.  The most attractive aspect of the Scheme is that it provides substantial relief in the tax dues for all categories of cases as well as full waiver of interest, fine, penalty, In all these cases, there would be no other liability of interest, fine or penalty.  There is also a complete amnesty from prosecution. Competition Commission of India (CCI)  CCI is a statutory body of the Government of India responsible for enforcing The Competition Act, 2002 throughout India and to prevent activities that have an appreciable adverse effect on competition in India. Goal of CCI is to create and sustain fair competition in the economy that will provide a ‘level playing field’ to the producers and make the markets work for the welfare of the consumers. Competition Act – The Act prohibits anti-competitive agreements, abuse of dominant position by enterprises and regulates combinations (acquisition, acquiring of control and M&A), which causes or likely to cause an appreciable adverse effect on competition within India. For a robust law – Read here

Daily Current Affairs IAS | UPSC Prelims and Mains Exam – 27th August 2019

IAS UPSC Prelims and Mains Exam – 27th August 2019 Archives (PRELIMS + MAINS FOCUS) India-G7 Part of: GS Prelims and GS Mains II –International relations  In News The 45th edition of G7 Summit is currently being held in France. The host country typically gets to invite dignitaries from outside the G7 to attend the Summit PM Modi was invited to attend the G7 Summit as a special guest of French President Emmanuel Macron The G7 or ‘Group of Seven’ are Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.  It is an intergovernmental organisation that was formed in 1975 by the top economies of the time as an informal forum to discuss pressing world issues. The Group was initially formed as an effort by the US and its allies to discuss economic issues, which in the late 1970s included battling a global oil crisis Since then, the scope of G7 discussion has enlarged to include financial crises, economic changeover of ex-Soviet bloc nations, terrorism, arms control, and drug trafficking, among others. The G7 does not have a formal constitution or a fixed headquarters. The decisions taken by leaders during annual Summits are non-binding. The rise of India, China, and Brazil over the past few decades has reduced the G7’s relevance, whose share in global GDP has now fallen to around 40% Do You Know? The G7 was known as the ‘G8’ for several years after the original seven were joined by Russia in 1997. The Group returned to being called G7 after Russia was expelled as a member in 2014 following the latter’s annexation of the Crimea region of Ukraine. The G20 is a larger group of countries, which also includes G7 members. The G20 was formed in 1999, in response to a felt need to bring more countries on board to address global economic concerns Apart from the G7 countries, the G20 comprises Argentina, Australia, Brazil, China, India, Indonesia, Mexico, Russia, Saudi Arabia, South Africa, South Korea, and Turkey. India is slated to host a G20 summit in 2022. Cardiovascular disease burden (CVD) Part of: GS Prelims and Mains GS-II – Issues relating to Health In News Three-quarters of CVD-related deaths happen in lower-middle income countries, according to the WHO, which classifies India among such countries  In India, the leading CVD diseases are ischaemic heart disease and stroke, contributing 61.4 % and 24.9 % of total DALYs (Daily Adjusted Life Years) lost from CVDs The research study found that among Indian states, West Bengal, Odisha and Tripura have the highest burden whereas Mizoram, Sikkim and Delhi have the lowest burden of strokes in terms of crude DALY rates.  In the case of ischaemic heart disease, Punjab, Tamil Nadu and Haryana have the highest burden while Mizoram, Arunachal Pradesh and Meghalaya have the lowest https://images.indianexpress.com/2019/08/lanet.jpg https://images.indianexpress.com/2019/08/cvd.jpg Do You Know DALY = Disability Adjusted Life Year = the sum of years of potential life lost due to premature death, and the years of productive life lost due to disability.  DALYs are used to measure the combined quantity and quality of life of a population. One DALY can be thought of as one lost year of 'healthy' life.  The sum of these DALYs across the population, or the burden of disease, can be thought of as a measurement of the gap between the current health status and an ideal health situation where the entire population lives to an advanced age, free of disease and disability - WHO Conservation of Otters Part of: GS Prelims and GS Mains III – Environmental Conservation In News The Eighteenth Conference of the Parties (CoP18) of the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) was recently held in Geneva. Members at the Conference have voted to move the smooth-coated otter (Lutrogale perspicillata) from CITES Appendix II to CITES Appendix I, a species native to the Indian subcontinent and some other parts of Asia This is done as otters are considered to be facing a high risk of extinction and is detrimentally affected by international trade, as well as habitat loss. The other proposal that was passed was to include the Tokay gecko (Gekko gecko) in CITES Appendix II, as it faced threats from hunting and collection for use in traditional medicine. The CITES is as an international legally binding agreement aimed at ensuring “that international trade in specimens of wild animals and plants does not threaten their survival”. However, it does not take the place of national laws. The text of the Convention was agreed in Washington, DC, in 1973 and entered into force in 1975. Thus, the convention is sometimes referred to as the Washington Convention. CITES Appendix: Appendix I includes species “threatened with extinction”. Trade in specimens of these species is permitted only in exceptional circumstances. Appendix II provides a lower level of protection. Appendix III contains species that are protected in at least one country, which has asked other CITES Parties for assistance in controlling the trade. http://www.walkthroughindia.com/wildlife/top-4-rivers-to-spot-3-species-of-otters-in-india/ https://live.staticflickr.com/4183/34441427301_7c0659509b_b.jpg National Digital Library(NDL) Part of: GS Prelims and GS Mains II – e-governance In News Bangalore University plans to launch an e-library, where students and staff can download books available online through the university's library app The university has taken up this project under the National Digital Library of India initiative Human Resource Development Ministry under its National Mission on Education through Information and Communication Technology launched NDL in 2018 NDL is the Single Window Platform that collects and collates metadata from premier learning institutions in India and abroad, as well as other relevant sources.  NDL is a digital repository containing textbooks, articles, videos, audio books, lectures, simulations, fiction and all other kinds of learning media. Anybody can access the digital library anytime and anywhere absolutely free of cost and is a step towards “Padhe Bharat Badhe Bharat”. As of now, there are more than 3 crore digital resources available through NDL More than 50 lakh students have registered themselves in the National Digital Library with about 20 lakh active users. NDL has been integrated with UMANG App Do You Know? UMANG stands for Unified Mobile Application for New-age Governance developed by Ministry of Electronics and Information Technology (MeitY) and National e-Governance Division (NeGD) to drive Mobile Governance in India UMANG provides a single platform for all Indian Citizens to access pan India e-Gov services ranging from Central to State to Local Government bodies and other citizen centric services.  (MAINS FOCUS) INFRASTUCTURE SECTOR/AVIATION TOPIC: General Studies 2 Government policies and interventions for development in various sectors and issues arising out of their design and implementation. Welfare schemes for vulnerable sections of the population by the Centre and States and the performance of these schemes Giving wings to better air connectivity Context: A cooperative federalism framework can provide the required impetus to the civil aviation sector Concern: Civil aviation is a Central subject and one that barely got significant attention from the States until recently.  It is evident from the fact that very few States in India have active civil aviation departments.  This is also due to the reason that States have had a passive role, invariably, having had to look up to the Central government for the development of airports and enhancing air connectivity.  UDAN: In the last four years, the situation has changed considerably. The cooperation of States is seen as a major factor in the growth of the civil aviation sector. The Regional Connectivity Scheme, Ude Deshka Aam Naagrik (UDAN), has become a game changer as this flagship programme has a built-in mechanism to develop stakes of State governments in the growth of the sector. Key policy interventions Thirty States and Union Territories have already signed memoranda of understanding with the Central government.  The policies of States and Centre are now being interlinked to make flying accessible and affordable. Some policy intervention suggestions to jump-start the aviation market: Firstly, For any airline in India, the cost of Aviation Turbine Fuel (ATF) forms about 40% of the total operational cost.  Keeping petroleum products out of the purview of Goods and Services Tax (GST) may be a policy imperative for the State governments but this is a step that adversely impacts the expansion of air services to the States States have very high rates of value-added tax (VAT) on ATF — sometimes as high as 25% — which has dampened the growth trajectory of civil aviation Therefore, relief on ATF is a major incentive for airlines to augment their operations as the airline industry is capital-intensive and works on very thin profit margins.   UDAN has motivated State governments to reduce the VAT on ATF to 1% for the flights that are operated under this scheme.  Airports such as Jharsuguda (Odisha) and Kolhapur (Maharashtra) have successfully attracted airlines to connect these hitherto unconnected region Reducing VAT on ATF is the biggest lever States can operate, which will enable them in being an equal partner in steering sector policy. Secondly, The second area is in the development and management of airports There are many regional airports which can be developed by States on their own or in collaboration with the Airports Authority of India (AAI).  In this, there have been different models of public-private-partnership which can be leveraged to develop infrastructures. Innovative models can be explored to create viable ‘no-frill airports’. These functional airports can open up regions and change the way people travel.  India had about 70 airports since Independence until recently.  Under UDAN, the Union government, with the help of the States, has operationalised 24 unserved airports over the past two years; 100 more are to be developed in the next five years, which can only be achieved through the active collaboration between willing States and the Centre. Third, States and the Central government can play a crucial role in supporting airlines to develop air services in the remote regions. To reduce operational cost of airlines and airport operators, incentives from State governments have been sought:  some in the form of financial support such as VAT reduction;  sharing of viability gap funding with airlines, and  non-financial incentives such as providing security and fire services free of cost to airport operators.  Under the scheme, the Union government has declared concessions on excise duty on ATF and made budgetary allocations for airport development.  This unique scheme has been successful in encouraging airlines to operate on regional unconnected routes instead of trunk routes. Under UDAN, some success stories have motivated States to announce innovative approaches and policies in support of airlines. Further interventions to be needed: Considering the infrastructural constraints and difficult terrain, small aircraft operators need to be encouraged Areas which cannot be connected meaningfully by road or rail have to be linked by air States may converge their relevant schemes relating to tourism, health, and insurance for supporting air connectivity to supplement the objectives of regional connectivity. For this States need to create a conducive business environment to facilitate the strong aspirations of a burgeoning Indian middle class to fly at least once a year. It would boost ticket sales from the present level of eight crore domestic tickets. Developing airports, incentivising airlines and pooling resources of both the Union and State governments can accelerate the harmonised growth of the Indian civil aviation sector which would be equitable and inclusive. Ude Desh ka Aam Naagrik (UDAN) scheme Key pointers: The Civil Aviation Ministry launched Regional Connectivity Scheme UDAN (Ude Desh ka Aam Nagrik) in 2017. UDAN is an innovative scheme to develop the regional aviation market. It is a market-based mechanism in which airlines bid for seat subsidies. This first-of-its-kind scheme globally will create affordable yet economically viable and profitable flights on regional routes so that flying becomes affordable to the common man even in small towns. Connecting the dots: Critically examine the significance of regional connectivity for a developing economy like India. Also discuss the features of the UDAN scheme launched by the government. INTERNATIONAL RELATIONS TOPIC: General Studies 2: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests Effect of policies and politics of developed and developing countries on India’s interests, Indian diaspora. Important International institutions, agencies and fora- their structure, mandate. Talking trade with the EU Concerns: As the economy begins to suffer from the U.S.-China trade war, it is imperative for India to pursue a free trade agreement (FTA) with the European Union (EU). Last month, negotiators from both sides met in Brussels, for more talks about talks, but time is now running out for New Delhi. Moving beyond the U.S. and China, this is the right time for India to engage the EU as an indispensable democratic partner to craft a favourable geo-economic order A series of economic and geo-strategic factors make the need for an economic deal with the EU more urgent. First, India risks being left behind amidst a collapsing global trade architecture, rising protectionism and a new emphasis on bilateral FTAs. India is the only major power lacking an FTA with any of its top trade partners, including the EU, the U.S., China and Gulf economies. This situation is not tenable as most trade is now driven either by FTAs or global value chains. The EU’s revived focus on FTAs could only exacerbate this risk for India. In June, Brussels concluded a trade deal with Vietnam and a historic FTA with the Mercorsur countries in South America.  India, in the meantime, is hanging on to its Most Favoured Nation (MFN) status. Its status under the EU’s Generalised Scheme of Preferences (GSP) will face rising competition from Pakistan or Sri Lanka, who enjoy GSP+ benefits. Stuck in a ‘grey zone’ Without preferential FTA tariffs or GSP+ status, India will struggle to keep exports competitive for Europe, its largest trade partner where 20% of its exports land up. Positive aspects of India include: India’s talks with the EU have been advancing slowly but steadily From agriculture to intellectual property, the EU and India have quietly been exchanging and aligning views.  New areas like e-commerce have registered significant convergence because India’s position on data privacy is not that different from the EU’s. As with the EU-Japan deal, India may wish to proceed at two speeds: it could delay discussions about free flow of data for a few years and freeze differences on the tax moratorium issue or data localisation, even while committing to liberalise in other areas. Second, beyond mere economic cost-benefit analysis, India must also approach an EU FTA from a geo-strategic perspective. With Mr. Trump’s hostile spotlight focussing on India, and lingering concerns about the Regional Comprehensive Economic Partnership, New Delhi must realise the long-term strategic benefits of a trade deal with Europe. Democratic regulations EU negotiators are now more willing to make concessions on labour or environmental regulations, which used to be insurmountable obstacles.  The collapse of the Transatlantic Trade and Investment Partnership and concerns about excessive economic reliance on China have propelled the EU to become a little more pragmatic, which New Delhi should leverage before it’s too late. The EU also offers India a unique regulatory model that balances growth, privacy and standards.  India’s governance framework shares the European norms of democratic transparency and multi-stakeholder participation on a variety of new technological domains, from regulating artificial intelligence to 5G networks. New Delhi must see this as a strategic premium that is not accounted for in a strict cost-benefit economic analysis. Key notes: A Free Trade Agreement or FTA is an agreement between two or more countries where the countries agree on certain obligations that affect trade in goods and services, and protections for investors and intellectual property rights, among other topics. FTAs normally cover trade in goods (such as agricultural or industrial products) or trade in services (such as banking, construction, trading etc.). FTAs can also cover other areas such as intellectual property rights (IPRs), investment, government procurement and competition policy, etc. India has bilateral agreements with ASEAN, European Union, Sri Lanka, Singapore, Malaysia and Thailand. Article 1 of General Agreement on Tariffs and Trade (GATT) which enunciates the most favoured nation (MFN) principle of WTO states that "any advantage, favour, privilege, or immunity granted by any contracting party to any product originating in or destined for any other country shall be accorded immediately and unconditionally to the like product originating in or destined for the territories of  all other contracting parties." This MFN principle is permitted for forming FTAs under some specific conditions as per the provisions of the WTO Agreements. Proposed India-EU FTA: India-European Union (EU) FTA, officially known as the Broad-Based Trade and Investment Agreement is being negotiated for quite a while. However, in 2013, there was a breakdown in talks in between the two sides and the talks have been stalled ever since. The European Union wants India to reduce the import duties on alcohol and automobiles and India wants the EU to declare India as a ‘data secure’  country. Conclusion: In regard with the FTAs, India should be very careful in the clauses of negotiation. Despite having a strong services sector in a select few categories, ( IT, ITES, Healthcare and Education etc.) the agricultural sector as well as the industrial sector, especially the Micro, Small and Medium Scale Enterprises are still not as mature and strong as compared to the other countries with which India is negotiating FTAs. Connecting the dots: What are free trade agreements? Discuss the benefits of free trade agreements. Critically analyse the free trade agreements signed by India? (TEST YOUR KNOWLEDGE) Model questions: (You can now post your answers in comment section) Note:  Featured Comments and comments Up-voted by IASbaba are the “correct answers”. IASbaba App users – Team IASbaba will provide correct answers in comment section. Kindly refer to it and update your answers. Q.1) UMANG app by Government of India intends to achieve which of the following objectives? Monitoring of Villages and Households Electrification  To Curb illegal coal mining like rat hole mining, pilferage To promote mobile governance in India None of the above Q.2) Consider the following statements about CITES is as an international legally binding agreement aimed at restricting the trade in endangered Species of Wild Fauna and Flora It replaces the National domestic laws It is also sometimes referred to as Washington Convention as it was agreed in Washington, DC, in 1973. Which of the statements given above are correct? 1 and 2 only 2 and 3 only 1 and 3 only 1,2 and 3 only Q.3) India is a member of which of the following International organisations? G7 Shanghai Cooperation Organisation Asia-Pacific Economic Cooperation (APEC) Organisation for Economic Cooperation and Development (OECD) Select the correct answer from codes given below. 1,2 and 3 only 2 only 1,3 and 4 only 1,2 and 4 only Must Read: Earth’s burning lungs The Hindu A judicial overreach into matters of regulation The Hindu Asian cats, Western monkeys Indian express The Last Window Indian express

Daily Prelims CA Quiz

UPSC Quiz - 2020 : IAS Daily Current Affairs Quiz Day 57

UPSC Quiz - 2020 : IASbaba’s Daily Current Affairs Quiz Day 57 Archives Q.1) Consider the following statements with respect to ‘Advisory Board for Banking Frauds (ABBF)’ It will function as the first level of examination of all large fraud cases before recommendations or references are made to the investigative agencies by the respective Public Sector Banks. It is set up by the Central Vigilance Commission (CVC). Select the correct statements 1 Only 2 Only Both 1 and 2 Neither 1 nor 2 Q.2) ‘Chukotka Peninsula’ is part of Mexico Portugal Russia Mongolia Q.3) Mesovelia is a genus of Frogs Water Treader Butterflies Snakes Q.4) ‘Order of Zayed’ is  Highest civilian award of Afghanistan. Highest civilian honour of Saudi Arabia. Highest honour of Palestine, given to foreign dignitaries. Highest civil honour of UAE. Q.5) Consider the following statements with respect to ‘Press Council of India’ It is a statutory, adjudicating organization in India formed in 1966 by its parliament. The Chairman of the PCI is nominated by the Chief Justice of India Select the correct statements 1 Only  2 Only Both 1 and 2 Neither 1 nor 2 To Download the Solution - Click here All the Best  IASbaba

Daily Current Affairs IAS | UPSC Prelims and Mains Exam – 26th August 2019

IAS UPSC Prelims and Mains Exam – 26th August 2019 Archives (PRELIMS + MAINS FOCUS) India-Bahrain ties Part of: GS Prelims and GS Mains II –International relations  In News PM Narendra Modi paid a state visit to Bahrain on 24-25 August 2019, which was the first ever Prime Ministerial visit from India to Bahrain. Both India & Bahrain called on global community to reject use of terrorism against other countries as both sides agreed to further enhance cooperation in the field of security, counter-terrorism and the exchange of intelligence and information They also said that regional connectivity projects should be based on international law, including respect for sovereignty and territorial integrity of states, in an apparent reference to China’s BRI project Both agreed to enhance cooperation to strengthen maritime security in the Gulf region, vital for the security and safety of sea lanes and pressed for UN reforms India also welcomed the interest of Bahrain to join the International Solar alliance. India also launched the renovation of Shree Krishna temple in Manama, the oldest in the Gulf region. An MoU was also signed between BENEFIT, a Bahrain company handling ATM and POS transactions among others, and National Payments Corporation of India (NPCI) for launch of RuPay card in the Gulf Kingdom. The two countries also signed MoUs on cultural exchange programme, space technology, solar energy Do You Know? India-Bahrain bilateral trade has been on the rise for the last few years, reaching about US$ 1.3 billion in 2018-19 About 3.5 million Indian national reside & work in Bahrain, which is the largest expatriate community in Bahrain. The presence of over 3,000 Indian-owned/joint Ventures in Bahrain indicates the intense economic engagement between the two countries Gulf Cooperation Council: is a regional intergovernmental political and economic union consisting of all Arab states of the Persian Gulf except Iraq, namely: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates Naga Peace Process Part of: GS Prelims and Mains GS-II – Issues related to Federalism In News  A Naga extremist group (NSCN-IM) has for the first time said a “separate flag and Constitution” were necessary for an “honourable solution” to the 22-year-old Naga peace process. Centre ended Jammu and Kashmir’s special status that allowed it to have its own Constitution and a flag, by abrogating Article 370 on 5th August 2019 The Isak-Muivah faction of the National Socialist Council of Nagaland (NSCN-IM) had signed a Framework Agreement with Union Government on August 2015. Do You Know The peace process began when NSCN-IM announced cease fire in 1997 and framework agreement was believed to have taken that process to a critical stage. However, both the Centre & the outfit has not divulged the contents of the agreement The Khaplang faction of the NSCN ceased to be a part of the peace process after it walked out of a 14-year-old truce in March 2015. The Khaplang faction is primarily based in Myanmar while most of the leaders and cadres of the Isak-Muivah group are from Manipur. The Centre had a year ago insisted that the peace process would be incomplete if at least six other Naga extremist groups, some of whom are dormant, were not taken on board the negotiations. Akademik Lomonosov Part of: GS Prelims and GS Mains III – Science & Technology In News Akademik Lomonosov is a Russian powership to be operated as the world’s first floating nuclear power station  It will be deployed at Pevek, in the Chukotka region in Russia's Far East and is planned to come online in end of 2019 as the nearby Bilibino Nuclear Power Plant is shut. It intends mainly to serve the region's oil platforms as Russia is expanding the exploitation of hydrocarbons in the Arctic. Nuclear agency Rosatom says the reactor is a simpler alternative to building a conventional plant and it intends to sell such reactors abroad. Rosatom plans to store spent fuel onboard of ship and thus any accident involving this fuel might have a serious impact on the fragile environment of the Arctic. Environmental groups have long warned of the dangers of the project, dubbing it a potential "Chernobyl on ice" and a "nuclear Titanic” as it is additionally vulnerable to storms Do You Know? Global warming and melting ice has made the Northeast Passage — which connects the Atlantic Ocean to the Pacific along Russia's northern coast — more accessible. The ship was named after Academician Mikhail Lomonosov who was a Russian polymath, scientist and writer in 18th century The Chernobyl disaster was a nuclear accident that occurred at nuclear reactor in the Chernobyl Nuclear Power Plant, near the city of Pripyat in the north of the Ukrainian SSR on April 1986  It is considered the worst nuclear disaster in history and is one of only two nuclear energy disasters rated at seven—the maximum severity—on the International Nuclear Event Scale, the other being the 2011 Fukushima Daiichi nuclear disaster in Japan. Swatantra Sainik Samman Pension Scheme  Part of: GS Prelims and GS Mains I - Society In News The Supreme Court has slammed the Centre for harassing a 90-year-old freedom fighter who was struggling to get his pension under Swatantra Sainik Samman Pension Scheme  The scheme was introduced with the object of providing pension to freedom fighters and families of martyrs The scheme is not to “reward” patriotic men and women who threw their lives into the Freedom Movement, but to honour them and mitigate their suffering. As of March 2019, a total 1.7 lakh freedom fighters and their eligible dependents have been sanctioned the central samman pension so far. It is implemented by Ministry of Home Affairs (Freedom Fighters Division) Do You Know? Government of India introduced the 'Ex-Andaman Political Prisoners Pension Scheme' in 1969 to honour the freedom fighters who had been incarcerated in the Cellular Jail at Port Blair. In 1972, to commemorate the 25th Anniversary of Independence, a regular scheme for grant of freedom fighters' pension was introduced. Since 1980, a liberalized scheme, namely the 'Swatantrata Sainik Samman Pension Scheme, 1980' is being implemented. (MAINS FOCUS) DATA PRIVACY/SECURITY TOPIC: General studies 2 Government policies and interventions for development in various sectors and issues arising out of their design and implementation. Welfare schemes for vulnerable sections of the population by the Centre and States and the performance of these schemes; mechanisms, laws, institutions and bodies constituted for the protection and betterment of these vulnerable sections Privacy no longer supreme Context: Two years ago, this month, a nine-judge bench of the Supreme Court unanimously held that Indians have a constitutionally protected fundamental right to privacy. What the judgement said? It held that privacy is a natural right that inheres in all natural persons, and that the right may be restricted only by state action that passes each of the three tests:  First, such state action must have a legislative mandate;  Second, it must be pursuing a legitimate state purpose;  Third, it must be proportionate i.e., such state action — both in its nature and extent, must be necessary in a democratic society and the action ought to be the least intrusive of the available alternatives to accomplish the ends. Prescribing a higher standard Judgment in Justice K.S. Puttaswamy (Retd) vs Union Of India fundamentally changed the way in which the government viewed its citizens’ privacy, both in practice and prescription. It undertook structural reforms and brought transparency and openness in the process of commissioning and executing its surveillance projects, and built a mechanism of judicial oversight over surveillance requests.  It demonstrated great care and sensitivity in dealing with personal information of its citizens.  It legislated a transformative, rights-oriented data protection law that held all powerful entities that deal with citizens’ personal data (data controllers), including the state, accountable.  Data protection law The data protection law embodied the principle that the state must be a model data controller and prescribed a higher standard of observance for the state.  The law also recognised and proscribed the practice of making access to essential services contingent on the citizen parting with irrelevant personal information.  This law established an effective privacy commission that is tasked with enforcing, protecting and fulfilling the fundamental right to privacy implemented through the specific rights under the legislation. The data protection law also revolutionised the technology sector landscape in the country, paving way for innovative privacy-aware and privacy-preserving technical solution providers to thrive and flourish, and establishing the country as a global leader in the space. The judgment in K.S. Puttaswamy effected little change in the government’s thinking or practice as it related to privacy and the personal data of its citizens. Data use vs. privacy The government has shunned a rights-oriented approach in the collection, storage and processing of personal data and has stuck to its ‘public good’ and ‘data is the new oil’ discourse. In other words, personal data in the custody of the state is for the state to use, monetise and exploit in any manner it desires so long as it guards against security incidents such as breaches and unauthorised access — i.e. unauthorised by the government.  This convenient redux of the idea of privacy to mere information security appears to inform all its policies Justice Sri krishna committee : The committee published the draft Personal Data Protection Bill uses a similar language of ‘free and fair digital economy’, with the digital economy being the ends and the notion of privacy merely being a shaper of the means – not only misrepresenting the purpose of the bill, but also its history and the mischief that it intended to tackle.  The committee made the choices it made despite being aware that the courts are likely to interpret every provision of the legislation purposively, taking note that the purpose is couched in terms of the economy as opposed to the bill having a singular focus on the fulfilment of the right to privacy. Conclusion: K.S. Puttaswamy ages and steps into its third year, the script is still on the table. A rights-oriented data protection legislation — which includes comprehensive surveillance reform prohibiting mass surveillance and institution of a judicial oversight mechanism for targeted surveillance — and which recognises the principle that the state ought to be a model data controller as it deals with its citizens’ personal information; is still possible, one hopes. Connecting the dots: India does not have a legal architecture to deal with data theft and compromise issues. Do you agree? What are the challenges regarding data protection and how can they be addressed? Data security has assumed significant importance in the digitized world due to rising cybercrimes. The justice B.N Srikrishna Committee Report addresses issues related to data security. What, in your view, are the strengths and weaknesses of the Report relating the protection of personal data in cyberspace? Data protection is one of the key elements for a robust cyber policy. Analyse. CLIMATE CHANGE/ENVIRONMENT TOPIC: General Studies 3 Conservation, environmental pollution and degradation, environmental impact assessment How govts set climate targets Context: In their recent joint declaration, India and France have committed to making long-term plans to contain emissions. While most countries set targets against a deadline, there is a case for longer-term planning During Prime Minister Narendra Modi’s visit to Paris last week, a substantial part — nine out of 34 paragraphs — of the joint statement by India and France was dedicated to the related issues of climate change, biodiversity, renewable energy, and ocean resources The joint statement by India and France It talked about the two countries’ commitment to enhanced climate actions, their support for new low-carbon technologies, and their on going efforts to accelerate development and deployment of renewable energy.  It mentioned the need for sustainable use of marine resources, acknowledging the link between environment and security, and promised to work towards “ocean governance” The two sides also promised to develop, by next year, strategies for containing their greenhouse gases in the long-term period, possibly for the next 30 or 50 years. From India’s point of view at least, a longer-term low-carbon pathway would be a new development. Countries & climate targets Under the 2015 Paris Agreement on climate change, which will come into force next year, every signatory country is supposed to declare and implement a climate action plan, called Nationally Determined Commitments (NDCs).  Until now, countries have mostly announced their targets for 2025 or 2030.  India’s declared targets, for example, are for 2030. It has said it would bring down its emission intensity, or emission per unit of GDP, by 33 to 35 per cent by 2030 compared to 2005 levels.  It has further promised to ensure that at least 40 per cent of its electricity in 2030 would be generated from non-fossil sources, and to create an additional carbon sink of 2.5 to 3 billion tonnes through forests.  Each of these actions, and many more for which specific targets have not been declared, would contribute in reducing India’s greenhouse gas emissions. All other signatories to the Paris Agreement have declared similar action plans. NDCs have to be updated every five years.  The first set of NDCs were declared in 2015 ahead of the climate change conference in Paris. Countries will have to update these next year.  The Paris Agreement asks all signatories to ensure that successive NDCs represent a progression from their current targets.  Countries have also been asked to evolve a common time-frame for their action plans. Successive NDCs, therefore, would all be five-year or ten-year action plans. Longer-term vision It has long been argued that countries need to finalise and commit to longer-term climate targets, over 30-year or 50-year time horizons.  This will not just help in bringing more predictability into climate actions but also make it easy to monitor whether the world was progressing adequately to avoid the catastrophic impacts of climate change.  It is argued that short-term targets can lack the urgency of the task, and can delay ambitious action, so that a couple of decades later, the climb could become so steep that it would be impossible to scale. In this context, there is a growing clamour to put pressure on the big emitters – China, the United States, European Union, India, Russia, Brazil, Australia – to come up with long-term action plans, in particular to aim for net-zero emissions in the year 2050.  The noise is strongest in Europe, since it is the biggest combined emitter from the developed country group after the United States, which has announced a withdrawal from the Paris Agreement under the Trump administration. As part of its NDCs, the European Union of 27 countries has set a combined target of 40 per cent reduction in its greenhouse gas emissions by 2030 from the 1990 levels.  Last year, however, it also came up with a long-term vision, saying Europe would aim to become climate-neutral, or attain the goal of net-zero emissions, by 2050.  Two months ago, the United Kingdom became the first major economy to legislate a law to make itself climate-neutral by 2050.  It had been previously aiming to achieve an 80 per cent reduction from the 1990 levels. As climate-induced extreme weather events bring in more and more disasters across the world, the demand for longer-term commitments on climate action has been increasing.  Two recent reports by the Intergovernmental Panel on Climate Change (IPCC) – on the feasibility of containing global rise in temperatures to within 1.5°C from pre-industrial times, and another on state of climate-induced land degradation – have also stressed the need for more urgent and ambitious climate action in longer term. Long-term action in India India, being a developing country, is treated differently from developed country parties like the US, European Union or Australia in the Paris Agreement. It is not obligated to take as ambitious targets as the developed world. But India also happens to be the third biggest emitter of greenhouse gases, after China and the United States, if the European Union is not counted as one entity.  As such, there have been demands from India, as well as other major developing economies such as Brazil and South Africa, to also come up with longer-term commitments. In fact, there was a move from France to encourage India to make a commitment like this in the joint statement itself, but New Delhi resisted the pressure.  India says, being a developing country, it was already doing much more than many developed countries, and committing to anything more than that was likely to hamper its development imperatives.  It has also said that it was on course for achieving all its targets under its NDC well in time, and may even over-achieve them.  But New Delhi is also conscious of the fact that the developed countries are far from delivering on their climate promises, especially on their obligation to provide money and technology to help developing and poor countries in fighting climate change Connecting the Dots Discuss the factors responsible for long term climate change. What evidences do we have that support current global warming. Explain. The fight against climate change is more effective at the household level than macro level policy formulations. Do you agree? Substantiate. (TEST YOUR KNOWLEDGE) Model questions: (You can now post your answers in comment section) Note:  Featured Comments and comments Up-voted by IASbaba are the “correct answers”. IASbaba App users – Team IASbaba will provide correct answers in comment section. Kindly refer to it and update your answers. Q.1) Akademik Lomonosov recently seen in the news is related to which of the following field ? Russian missile defence system bought by India Russian ambassador to Turkey killed in Ankara shooting Russian floating nuclear power plant None of the above Q.2) Which of the following countries are part of Gulf Cooperation Council Bahrain Kuwait Iraq India Select the correct answer from the codes given below? 1 and 2 only 2 and 3 only 1,2 and 4 only 1,2 and 3 only Q.3) Swatantra Sainik Samman Pension Scheme is being implemented by which Union Ministry? The Ministry of Personnel, Public Grievances and Pensions Ministry of Labour Ministry of Home Affairs None of the above MUST READ Under the cover of President’s Rule The Hindu A bottom-up approach to conservation The Hindu Why Punjab needs to canalise its rivers Indian Express CACP’s proposed price-deficiency scheme is a bad idea Financal express

Daily Prelims CA Quiz

UPSC Quiz - 2020 : IAS Daily Current Affairs Quiz Day 56

UPSC Quiz - 2020 : IASbaba’s Daily Current Affairs Quiz Day 56 Archives Q.1) Consider the following statements with respect to ‘Gravitational lens’ It has a single focal point It is capable of bending the light from the source as the light travels towards the observer. Select the correct statements 1 Only 2 Only Both 1 and 2 Neither 1 nor 2 Q.2) ‘TEMPLATES’ programme is associated with NASA ISRO DRDO JAXA Q.3) ‘Special Data Dissemination Standard (SDDS)’ was in news recently. It is associated with International Monetary Fund International Solar Alliance World Economic Forum Financial Action Task Force Q.4) Consider the following statements with respect to ‘Girmityas’ They are indentured Indian labourers who left the country in the middle and late 19th century to serve as labours in the then British colonies. They were primarily brought to work in Diamond Mines in Africa Select the correct statements 1 Only 2 Only Both 1 and 2 Neither 1 nor 2 Q.5) ‘U.K. Sinha Committee’ was constituted to deal with MSMEs E-Vehicles Corporate Social Responsibility Eco Sensitive Zones To Download the Solution - Click here All the Best  IASbaba

Motivational Articles

Creative Guidance – What is Success – Inspirational Educative Articles

What is Success? Success is one of the hardest things to define, because success can mean very many things to very many people. Yet, if we have to somehow summarize our different life experiences and come to an understanding of what success is, we can define it as the ability to direct our mind and body towards a certain goal. Pursuing a goal with intelligence, awareness, hard work and problem solving skills, and getting to that desired goal constitutes success. Success is the journey one takes on the path of accomplishing his/her life’s desires and goals. Success is always personal. Although people can recognize your success externally, the real meaning of success is always internal. If you yourself have not accepted your success then it simply doesn’t matter whether people have accepted it or not. Defining the meaning of success, as clearly as possible, is the first step in moving towards your goals. So what exactly is success? How do we define success? More than anything else, success is a mindset. We don’t just succeed or fail in trying to accomplish certain activities; we succeed and fail in life as a whole. Success cannot be simply divided into different activities we are trying to accomplish. We either succeed in everything or fail in everything. This might be a little difficult to understand but spare a moment and give it a thought. Why is it that some people seem to succeed in life again and again, as often as they want, while most others struggle to succeed at even the simplest of things? The reason for this is, success is not an activity; it is a mindset. Once you have truly grasped the mindset of success, the formula of success, you will know how to apply it in different situations. On the contrary if you have not figured out the secret of success, succeeding at even one thing will seem like an herculean task. People who succeed again and again have mastered the mindset of success. Some of the components of this mindset of success are – learning to handle failures, quickly bouncing back from set-backs, using your intelligence and awareness, possessing courage and confidence, ability to take risks, persistence, patience, determination etc. Notice how not a single thing that will help you to succeed has absolutely nothing to do with any particular activity. Success is all about our internal state of being and how we control and direct our mind and body. Mastering this internal state of success is the only way to assure your success. This is why it is so important to pay attention to what is happening within you. You have to learn the art of observing your thoughts and learning from it. You have to pay more attention to the qualities of success than simply slogging through different activities. Get the formula right and you will know how to succeed at anything. “This article is a part of the creative endeavor of Meditation Farm and IASBABA.”

TLP Mains 2020

TLP Connect 2020: Prelims + Mains+ Interview Mentorship Based Programme (OFFLINE and ONLINE)

TLP Connect 2020: Prelims + Mains+ Interview Mentorship Based Programme (OFFLINE and ONLINE) INDEPENDENCE DAY OFFER  - 15%  [On the eve of 73rd Independence Day, we are offering you a discount of 15%. This Offer is valid only for 15 days (it will be valid ONLY for the month of AUGUST, 2019)] To have an outstanding performance at any competitive event, one needs to stand out from the rest. To stand out, one needs to achieve some degree of excellence. To achieve a degree of excellence, one requires right guidance throughout the journey on a consistent basis. A few sparks of excellence can’t sustain the light of outstanding capabilities. But why do we say this to you? Is civil services such a big deal? Do you really need to have capabilities par excellence to crack this examination? The answer is simple and straight- YES. With each passing year, UPSC is reducing the number of seats. However, the candidates appearing in the civil services examination is steadily growing. The end result is the cut-throat competition. Above-average is never adequate for this examination process. Candidates are working their hearts to make their names appear in the coveted list. But is that the solution? Can hard work alone lead to success in this examination? Well, without undermining the significance of hard work, we want to convey a simple message- in the age of social media and internet revolution, you have to be SMART. Smartness should be understood as a way of life. It can also be understood as one’s ability to think and act out of the box, achieve goals faster and reduce one’s cost to benefit ratio. We at IASbaba have always believed in the philosophy of smartness. From Day 1, we have come out with initiatives that are smart, efficient and outcome-oriented. This belief has earned us lakhs of followers and their faith and love. The same faith and love have motivated us to come with better planning, better initiatives and more focused strategies to let us help you write your own success story. The latest in this series of initiatives is our Integrated Prelims+Mains Answer Writing and Mentorship Programme, called the Think, Learn and Perform- Connect (TLP-Connect in short). You are all aware of the quality of TLP which in many ways has become one of our identity brands. The quality of questions, synopsis and feedback in TLP and TLP Plus has been praised by a number of toppers. Rank 1, Rank 4 and many others this year (2018-19) strongly recommended TLP for answer writing practice. Both Prelims and Mains HIT RATIO: Hitting the bull’s eye year after year: 2016 Prelims: 68+ questions 2017 Prelims: 70+ questions 2018 Prelims- 63+ questions 2019 Prelims- 70+ questions Our Hit Ratio in Mains and Prelims- 2017, which is close to 85 % and 70% respectively – How IASbaba was helpful in Mains 2017  and 68+ in UPSC Civil Services Prelims 2017-How IASbaba Helped One to Get MAINS Call! Our Hit Ratio in Mains and Prelims- 2018, How IASbaba was helpful in Mains 2018 and 60+ in UPSC Prelims 2018 82+ UPSC CSE 2018 TOPPER’S from IASbaba TLP-Connect 2020? Is it any other Mains answer writing programme? No! Not at all. While TLP-Connect has all the basic ingredients of an answer writing programme, it has got several features that make it much better and far more focused than the other programmes (Similar to our 1st Phase of C2C which was launched in 2017-18, but with additional features this time). Let us first see the broad features of this programme: Schedule and Detailed Plan is given at the end.  Features of the Programme: 1. CONNECT with IASbaba (TLP- Connect): Prelims + Mains + Interview Mentorship Based Programme. Available both OFFLINE and ONLINE Mode. The Programme will be conducted BOTH at Delhi and Bengaluru Centers. 2. Duration: It is an Incentive-based Programme, which runs in 3 phases. In Total 13 Months Programme. Phase 1: October 2019 - May 2020 [8 Months]  - Common to all students. Phase 2: June 2020 - September 2020 [3 Months] - If you are clearing UPSC PRELIMS 2020, then 2nd Phase will be completely FREE!! Phase 3: Post Mains Results - Interview Mentorship Programme (IMP) -if you are clearing UPSC MAINS 2020, then 3rd Phase will be completely FREE!! The programme starts on 12th October (Saturday) with Prelims Test followed by Mains Test on 13th October (Sunday). 3. Number of Mains Tests: 30 Tests in Total. 12 Sectional Tests (Based on Basics, Conceptual Understanding + Analytical nature) of 2 hours duration each) 2 Tests Exclusively on Ethics Case Studies 8 Essay Tests (3 Tests only on Philosophical Essays, 3 only on Theme Based and 2 (Philosophical + Theme Based). In total, you will be writing 16 Essays. 8 Comprehensive Mock Tests of 3 hours duration each. Each test to have UPSC standard high-quality questions with a focus to let you develop the ability to answer any question asked by UPSC in the stipulated time frame while maintaining the quality of answers. Each test shall be complemented by a high quality of synopsis for easy reference and revision. 4. Number of Prelims Test: 35 GS tests and 10 CSAT tests i.e. a total of 45 Tests to equip you with the skills to crack Prelims without any hiccups. 5. Practical Planning: Do not get trapped/attracted by More Number of Tests. It is never about writing too many tests but quality Tests with quality feedback, proper guidance and revision of the same.  It is much more important for you to be part of this programme to avail Timely Feedback before the next test, so that you improve and follow the learnings. Timely and effective sessions with your Mentors to learn required skills and implement it in the very next test. Post Discussions and Synopsis, you should get to learn important aspects to be utilised in the next test. Most important of all, you need time to prepare and write the tests with confidence (If you write Tests after Tests, will you have time to prepare?) If you have a practical mindset, the preparation will never be a burden on you. You should never get bogged down by the hypes created around it in terms of doing everything.  Think for a while! It is about Quality-Practicality-Correct Guidance-Revision. Our programme gives you all of these!  Prelims tests would be conducted on every Saturdays followed by Mains Test on Sundays. The Schedule is prepared such that your preparation has an integrated approach. For instance, if you have History Prelims Test (Art and Culture /Modern History) on Saturday, it would be followed by Mains Test on the same topics on Sunday. So that you can carry forward the same facts and apply it in Mains as per the demand of the question. We have planned such that, Mains Tests are over by March and the Prelims Tests continues till the month of May 2020.  So you get close to 3 months exclusive for Prelims Preparation and it syncs with IASbaba’s flagship initiative 60 Day Plan as well. You can download the Detailed Schedule at the end of the post. 6. Mentorship Based Programme, available for both Online (on-call) and Offline - the most important component of the initiative. A highly trained mentor shall be assigned to all the candidates registering for this programme. The mentors would be constantly guiding the aspirants, giving them feedback on their performance in the tests, clarifying their doubts, giving tips to improve the quality and structuring of answers and supplying the regular dose of motivation. This is for both Online and Offline. 7. Approach paper, Discussion, Synopsis, Evaluation, Ranking after every Test:  Approach paper - Each test shall be preceded by an approach paper detailing the sources, focus areas, and the overall strategy to approach the subject. (Click here to download the sample) Discussion - Each test will be followed by a Detailed Discussion in the Offline mode and the same will be available in the Online Mode. The post-test discussions shall be taken by the expert faculties of IASbaba. You need not worry about the coverage of the tests and guidance pertaining to relevant content and structuring of the answers. The post-test discussions followed with the synopsis would impart 360-degree preparedness. A few highly specialised sessions under the Series of Interactive Lectures (SOIL) to help you grow your analytical ability in areas like Essay and General Strategy, Ethics, International Relations, Internal Security among others will be taken by People in Services and Toppers on Pro-bono basis. Synopsis – Our synopsis for each test is prepared after extensive research and discussions among the Mentors. It ensures that the best quality content in the most lucid fashion reaches you, which acts as easy reference and revision.(Click here to download the sample). Evaluation and Ranking - Evaluations are done by subject experts and not by novices having 4-5 months of experience as content creators. The marking and feedback that our subject experts give is based on real experience and visible expertise. Evaluation, marking and ranking to be done and list to be published for both Online and Offline Combined. After the weekly test, when the evaluation is done, you can have one - one session with your mentor. These sessions are meant to personally groom your skills, polish the rough edges of your preparation, point out your areas of strength and weaknesses and make sure that with each passing test, your intellect and understanding grows. Babapedia (Prelimspedia + Mainspedia): Access to IASbaba’s compendium of all information relevant for prelims and mains respectively. With Babapedia, forget about the trouble of making daily notes from various sources. It will be the one-stop destination for all your current affairs needs. Click here to see samples. 8. We also have a Study Room facility and we highly recommend it for our TLP followers. It is charged separately. ** Details of the Scholarship Test will be announced in a Separate Post shortly ** EXCLUSIVE FOR ONLINE MODE: Apart from the Features mentioned above in the Offline mode, the TLP Connect- ONLINE will have a Separate platform designed for this initiative. Tests will be uploaded on this Platform on the day of the exam and you will be given a time-domain to write and upload your answer sheets. Evaluated answer sheets will be uploaded back on your profile before the next scheduled test, provided you are submitting the Answer copies within 24 hours. This will help us in timely evaluation and publication of Offline + Online Ranking and will also ensure discipline in your preparation. For those who will be submitting the answer copies after 24 hours from the time of the test, you will get your answer copies within 8-10 days. We shall evaluate and upload the answer copy with detailed feedback and comments/improvements on the same platform. You can talk to the MENTOR weekly once if you have any doubts related to the test or having any difficulties with regard to ANSWER WRITING. Though the Tests are flexible, we would advise you to stick to the schedule to ensure discipline in your preparation. Download the Feedback on our Evaluation  EVALUATED ANSWER COPY EVALUATED ANSWER COPY FEEDBACK 1 FEEBACK 2 SPECIAL FEATURES 1. Super 50– Scholarship Test: The entire programme will be completely FREE for Top 50 Students (both Online and Offline mode). For others, based on your performance you will be given a discount of 50%, 25%, 10%.         ** Details of the Scholarship Test will be announced in a Separate Post shortly ** 2. Students of TLP Connect 2020, who will be clearing UPSC Prelims 2020, TLP Phase 2 (3 months Mentorship Based Mains Test Series) and Post Mains Result, Interview Mentorship Programme (IMP) will be given FREE (both for Online and Offline students)!! Please note that: This 2nd Phase and 3rd Phase of the Programme will be Free, only if you are a part of TLP Connect phase 1 (October 2019– May 2020) and have cleared UPSC Prelims 2020. 3. Babapedia (Prelimspedia + Mainspedia): One-Stop Destination for all your current affairs needs. WHAT DIFFERENTIATES IASBABA FROM OTHERS? Practical Planning to accommodate both GS (Prelims, Mains) and Optional Preparation. Our focus is not on the number of tests but on their quality. Too many tests for Mains will keep you focused on completing the syllabus rather than developing a thought process which is very much essential for building concepts, linking dynamic with static part and tackling analytical nature of the exam – both in Prelims and Mains. Practically speaking, after writing a Test, sufficient time is required for a mentor to evaluate his/her group of students and give you detailed feedback. From a student’s perspective, sufficient time is required to work on feedbacks given by the mentors. There is no point writing tens of tests without investing adequate time on preparation. Moreover, after each test, you need time to recuperate and freshen up before you are ready for the next one. With the quality of questions in TLP, be rest assured that you will be facing the most relevant and standard questions. Our schedule is designed in such a way that the aspirants get ample time to prepare for OPTIONAL subjects and ensure balanced preparation. In a week, there will be 1 Prelims Test and 1 Mains Test, so you get enough time to not only to cover both GS and Optional but also work on the feedback given by your mentors. Some test series available in the market drag the test series till April-May without providing sufficient time for prelims preparation. Out of 4-5 lakhs appearing in the preliminary stage of the exam, only 10-12 thousand will make it to next stage. Due to the increased uncertainty and unpredictability nature, the prelims exam is getting tougher and tougher. Based on the feedback received from toppers, students, subject experts and faculties we believe that 2-3 months of exclusive preparation is required to clear the preliminary stage of examination. So we have planned such that, Mains Tests are over by March and the Prelims test continues till the month of May, So you get 3 months exclusive for Prelims Preparation. Immediately after winding up of the Mains Test, our much famed and free initiative 60 days Prelims Programme begins ensuring continuity and integration in the preparation. Why 2 hours duration in 12 Sectional Tests? The beginners would find it difficult to cope up with 3 hours test schedule right from the first test itself, and would often get demotivated. Our tests will train the beginners to acquire a strong foundation and basics. For veterans, it will help them to streamline their preparation, work on their writing speed to complete the paper and maintain consistency. If you are able to complete 14Q in 2 hours, then you can easily complete 20Q in 3 hours. Standard of Questions - Out of 14 Questions in the 2 hour Test, 6Q will be checking your basic knowledge/conceptual understanding and 8Q will be of analytical nature where you have to link static with dynamic. We believe that there is a learning curve in everybody’s preparation and this is a gradual process. It comes with time, preparation and practice!! So after the first 3 cycles of 2 hours of Test (except for Essay to be 3 hours) which would cover entire GS1, GS2, GS3, GS4, you will leap to the next level of comprehensive Test with 3 hours duration. Special Emphasis on Ethics Case Studies and Essay Tests. Apart from the regular GS4 Tests, you will have 2 Tests Exclusively on Ethics Case Studies and in 8 Essay Tests -3 Tests only on Philosophical Essays, 3 only on Theme Based and 2 (Philosophical + Theme Based). You would be writing 2 Essays per Test=16 Essays in total. Each mentor would know you and your strengths closely and customize the feedback and guidance accordingly. Just imagine the impact that a coach would have on your journey! TLP PLUS 2020: EXCLUSIVE MAINS MENTORSHIP Programme (ONLINE and OFFLINE) Features: 1. Number of Mains Tests: 30 Tests in Total. 12 Sectional Tests (Based on Basics, Conceptual Understanding + Analytical nature) of 2 hours duration each) 2 Tests Exclusively on Ethics Case Studies 8 Essay Tests (3 Tests only on Philosophical Essays, 3 only on Theme Based and 2 (Philosophical + Theme Based) 8 Comprehensive Mock Tests of 3 hours duration each. Each test to have UPSC standard high-quality questions with a focus to let you develop the ability to answer any question asked by UPSC in the stipulated time frame while maintaining the quality of answers. Each test shall be complemented by a high quality of synopsis for easy reference and revision. 2. Discussion - Each test will be followed by a Detailed Discussion in the Offline mode and the same will be available in the Online Mode. The post-test discussions shall be taken by the expert faculties of IASbaba. You need not worry about the coverage of the tests and guidance pertaining to relevant content and structuring of the answers. The post-test discussions followed with the synopsis would impart 360-degree preparedness. A few highly specialised sessions under the Series of Interactive Lectures (SOIL) to help you grow your analytical ability in areas like Essay and General Strategy, Ethics, International Relations, Internal Security among others will be taken by People in Services and Toppers on Pro-bono basis. 3. Mentorship available for both Online (on-call) and Offline - the most important component of the initiative. A highly trained mentor shall be assigned to all the candidates registering for this programme. The mentors would be constantly guiding the aspirants, giving them feedback on their performance in the tests, clarifying their doubts, giving tips to improve the quality and structuring of answers and supplying the regular dose of motivation. 4. Approach paper, Discussion, Synopsis, Evaluation, Ranking after every Test 5. The Tests are flexible. NOTE- Though TLP PLUS 2020 (Exclusive Mains Mentorship Programme) is Open for All, it is specially designed and discounted for ILP/AIPTS 2020, enrolled Students of IASbaba.  DETAILED SCHEDULE  -> CLICK HERE NOTE- The schedule will be slightly modified in the End, for you to have proper experience of writing Full Mocks-Mains. You will be communicated in this regard. PROCESS FOR ENROLLMENT Interested students for TLP Connect -2020, can fill up the Registration Form given below- REGISTRATION FORM  -> CLICK HERE  Please Note: The Programme will be conducted BOTH at Delhi and Bangalore Centers and Online Mode. Registration is a must for enrolling into the Offline Mode Programme.   FEE STRUCTURE TLP Connect 2020 (Both for OFFLINE and ONLINE): 30,000 + Tax = 35,400/-  TLP PLUS 2020- Mains Exclusive Mentorship (Both for OFFLINE and ONLINE): 21,000 + Tax = 24,780 rs (approx.) INDEPENDENCE DAY OFFER  - 15%  On the eve of 73rd Independence Day, we are offering you a discount of 15%. This Offer is valid only for 15 days (it will be valid ONLY for the month of AUGUST, 2019) If you are clear with the Programme Details and want to avail the offer, go ahead and make the Payment!  ** Please Note that, if you clear the Scholarship Test, difference amount will be refunded!! ** After DISCOUNT- TLP Connect 2020 (Both for OFFLINE and ONLINE): 30,000 Rs (approx) TLP PLUS 2020- Mains Exclusive Mentorship (Both for OFFLINE and ONLINE): 21,000 Rs (approx) OFFLINE PROGRAMME PAYMENT LINK -> CLICK HERE ONLINE PROGRAMME PAYMENT LINK -> CLICK HERE Direct Walk-in: You can visit any of the following centres for admissions or related enquiries: And get enrolled.  BENGALURU CENTRE: Vijayanagar Centre: 1737/ 37, MRCR Layout, Vijayanagar Service Road, Vijayanagar, Bengaluru-5660040. Landmark: Behind Vijayanagar Metro, above Aptronix. Chandra Layout Centre: No. 1443/1444, Above Carzspa, 80 Ft. Main Road, Ganapathi Circle, Chandra Layout, Bengaluru- 560040 DELHI CENTRE: 5B, PUSA Road, Opposite to Metro Pillar 110, Karol Bagh, New Delhi -110005 (Landmark: CROMA Store) For any Queries: You can also reach us on Email id: support@iasbaba.com Contact No.: Bengaluru: 9035077800/7353177800 ( Office Timings: 10 am – 5.30 pm) Delhi: +91 11-41678500/+91 11-41672600 ( Office Timings: 10 am – 5.30 pm) NOTE- Do not make calls before or after the given timing ** Details of the Scholarship Test will be announced in a Separate Post shortly ** Thank You  IASbaba

Daily Current Affairs IAS | UPSC Prelims and Mains Exam – 24th August 2019

IAS UPSC Prelims and Mains Exam – 24th August 2019 Archives (PRELIMS + MAINS FOCUS) Composite Water Management Index 2.0 Part of: GS Prelims and GS Mains III –Environmental Conservation  In News NITI Aayog has released the second Round of Composite Water Management Index  Gujarat hold on to its rank one in the reference year (2017-18), followed by Andhra Pradesh, Madhya Pradesh, Goa, Karnataka and Tamil Nadu. 80% of states assessed on the Index over the last three years have shown improvement in water management scores, with an average improvement of +5.2 points. In North Eastern and Himalayan States, Himachal Pradesh has been adjudged number 1 in 2017-18 followed by Uttarakhand, Tripura and Assam. The Union Territories have first time submitted their data and Puducherry has been declared as the top ranker. Do You Know? Nearly 600 million Indians faced high to extreme water stress and about 2,00,000 people died every year due to inadequate access to safe water.  NITI Aayog first launched and conceptualized the Composite Water Management Index in 2018 as a tool to instill the sense of cooperative and competitive federalism among the states. The ‘index’ aims at capturing how well States have done on groundwater and surface water restoration, implementing major and medium irrigation projects, watershed development, participatory irrigation management, on-farm water use, rural and urban water supply, and policy and governance. The 16 low-performing States collectively account for 48% of the population, 40% of agricultural produce, and 35% of economic output for India. World Youth Conference on Kindness Part of: GS Prelims and Mains GS-IV - Ethics In News The President of India, Ram Nath Kovind, inaugurated the first World Youth Conference on Kindness in New Delhi on August 23, 2019. The conference is organised by UNESCO Mahatma Gandhi Institute of Education for Peace and Sustainable Development (MGIEP) and MHRD The aim of the conference is to impart critical competencies (i.e. empathy, compassion, mindfulness and critical inquiry) in global youth to inspire, empower and enable them to transform themselves and build long-lasting peace in their communities.  Youth leaders, representing over 27 countries, are participating in this Conference Do You Know The MGIEP is UNESCO’s category 1 Research Institute that focuses on Sustainable Development Goal (SDG) 4.7 towards education for building peaceful and sustainable societies across the world.  Vision: ‘Transforming Education for Humanity’ – to mainstream Social and Emotional Learning in education systems, innovate digital pedagogies and to put youth as global citizens at the centre of the 2030 agenda for Sustainable Development. Financial Action Task Force (FATF) Part of: GS Prelims and GS Mains II – International issues In News Terror funding watchdog FATF Asia-Pacific Group ‘blacklists’ Pakistan Pakistan has been placed on the lowest rung, or “Enhanced Expedited Follow Up List (Blacklist) of the Financial Action Task Force’s Asia Pacific Group (APG)  The APG is one of nine regional affiliates of the FATF APG has found Pakistan non-compliant on 32 of the 40 compliance parameters of terror financing and money laundering While the placing does not bring any new punitive measures on Pakistan, it will mean quarterly reporting to the group on improvement in its financial safeguards. In June, the FATF had warned Pakistan that its failure to complete its action plan on terror financing could possibly lead to the country getting blacklisted The Paris plenary of FATF in October will decide whether to remove Pakistan from the greylist, continue the listing, or downgrade it to a blacklist of non-cooperative countries Officials said the downgrade might not occur, given that any three countries in the FATF can veto it, and Pakistan is likely to secure the backing of China, Turkey and Malaysia.  Nevertheless, the APG decision on Friday would make it difficult for Pakistan to extricate itself from the greylist.  Do You Know? FATF is an intergovernmental organization founded in 1989 on the initiative of the G7 to develop policies to combat money laundering.  In 2001 its mandate expanded to include terrorism financing. OCEAN ENERGY Part of: GS Prelims and GS Mains III – Energy Security In News Minister of New and Renewable Energy has approved a proposal to declare ocean energy as Renewable Energy. Government has clarified to all stakeholders that energy produced using various forms of ocean energy such as tidal, wave and ocean thermal energy conversion will be considered as Renewable Energy. It will be eligible for meeting the non-solar Renewable Purchase Obligations (RPO). The decision will give a boost to ocean energy in the country.  Total identified potential of Tidal Energy is about 12455 MW, with potential locations identified at Khambat & Kutch regions, and large backwaters, where barrage technology could be used Do You Know? Tidal Energy: The tidal cycle occurs every 12 hours due to the gravitational force of the moon. The difference in water height from low tide and high tide is potential energy Current Energy: Marine current is ocean water moving in one direction. This ocean current is known as the Gulf Stream. Tides also create currents that flow in two directions. Kinetic energy can be captured from the Gulf Stream and other tidal currents with submerged turbines Wave Energy: Wave energy is generated by the movement of a device either floating on the surface of the ocean or moored to the ocean floor. Ocean Thermal Energy Conversion (OTEC): It uses ocean temperature differences from the surface to depths lower than 1,000 meters, to extract energy. A temperature difference of only 20°C can yield usable energy. (MAINS FOCUS) ECONOMY TOPIC: General studies 3 Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment,Inclusive growth and issues arising from it. Government Budgeting. Nirmala Sitharaman’s measures to revive economic growth Context: The announcements come at a time when the perception that the slowdown has been aggravating in recent weeks and spreading across sectors. Finance Minister Nirmala Sitharaman Friday announced a partial rollback of the enhanced surcharge on foreign portfolio investors (FPI) levied in the Budget and indicated a review of the surcharge levy for high net worth individuals as well.  Announcements made by finance minister: Surcharge on long and short term capital gains arising from transfer of equity shares has been withdrawn The CSR violation would be treated as a civil offence, and not a criminal offence.  Apart from these two measures, the FM announced a slew of measures aimed at boosting a flagging domestic economy.  This includes an assertion that ICE (internal combustion engine) vehicles will coexist with EVs (electric vehicles) and that there is no phasing out of ICE vehicles, a fear expressed in certain quarters of the auto industry. Banks would also be asked to pass on the full impact of the interest rate cuts to consumers Repo rate-linked loans The Finance Minister did not restrict her efforts to boost the economy to just the private sector. In what should be welcomed by borrowers across the board, including those looking for home and auto loans, she announced that public sector banks have decided to increase their repo rate-linked loan offerings. A major complaint among end-consumers has been that the Reserve Bank of India’s repo rate cuts have not been transmitted onwards by the banks. Repo rate-linked loan products will effectively take the banks out of the rate-setting process. What should also cheer prospective homeowners is that the government has announced an additional ₹20,000 crore of liquidity to the housing finance companies, over and above the ₹10,000 crore earlier announced. What is the surcharge that’s been withdrawn? The surcharge of 3 per cent and 7 per cent on those earning between Rs 2 crore and Rs 5 crore, and over Rs 5 crore respectively had been announced by Sitharaman as part of her Budget proposals.  This had led to different taxation outcomes for FPIs registered as Association of Persons or trusts and companies, even as those registered as companies were spared of this surcharge. Ever since the budget announcement, markets have been seeing a selloff on most trading days, largely in light of the FPI impact. Today’s announcement reverses the levy imposed in the budget. However, tax experts said the surcharge would continue to be levied on business income of the FPIs and unlisted shares. Why was the CSR announcement controversial? The amendment to the Companies Act, passed earlier this month, introduced harsh penalties including jail term for non-compliance on CSR (corporate social responsibility) by listed companies.  This had been slammed by industry as a regressive move, especially given the fact that in the last five years, the total CSR spend of companies has progressively jumped from 70% to over 90% now, according to data sourced from Prime Database. Why have these decisions been taken now? Over the last few weeks, the Finance Minister had chaired a series of meeting with the industry leaders, bank representatives, ministry officials and PSU chiefs to discuss the issues impacting the economy. Last week, she had also held a review meeting with the Prime Minister on the state of the economy. The announcements come at a time when the perception that the slowdown has been aggravating in recent weeks and spreading across sectors.  The ongoing slowdown is not specific to India and is a global issue, Sitharaman said at the media interaction. Conclusion: For an economy that is downbeat in growth and in sentiment, the comprehensive package of measures announced by Finance Minister Nirmala Sitharaman on Friday may just be the right boost. They address growth slowdown concerns; free up funds for investment and spending by banks, housing finance companies and MSMEs; and importantly, undo some controversial proposals, in the budget and outside it, which were affecting sentiment in the markets and the corporate sector. And, importantly, these have all been done without any significant financial burden on the government. Some of the measures promote the ease of doing business and even the ease of living for ordinary citizens. Connecting the dots: Critically examine the reasons for slowdown in the Indian economy CULTURE TOPIC: General studies 1 General studies 2 The salient aspects of Art Forms, Literature and Architecture from ancient to modern times. Diversity of India India and its neighborhood- relations. Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests Letting the pearl on the Silk Road shine brighter Context: The Dunhuang city has been witness to multiple interactions and mutual learning between China and India Recently, Chinese President Xi Jinping visited the Mogao Grottoes in Dunhuang city of China to inspect cultural relics protection and research work. About Dunhuang: Dunhuang is a land that has gone through vicissitudes of history with ancient legacies and magic beauty.  Around 2,000 years ago, a Chinese geographer of the Eastern Han dynasty Ying Shao said: “Dun, means grand; Huang, means splendid.”Therefore Dunhuang means the land of grand splendour. Historical changes over the millennium shaped the magnificent landscape of this frontier region west of China’s Gansu province and left colourful and gorgeous cultural treasures. The Mogao Grottoes, located in a desert oasis surrounded by water and mountain, have stood quietly for over 1,650 years and become the most abundant and exquisite Buddhist art relics in China and beyond.  Mogao Grottoes are a treasure house of art, architecture, sculpture and painting with 735 grottoes, over 45,000 square meters of murals and 2,000 painted sculptures.  These works of art are exquisitely crafted, with unique craftsmanship, vivid charm, and combination of form and spirit. Like an amazing and colourful movement, they tell a beautiful and touching legend of magic charm lasting thousand years. Dunhuang is a witness to interactions and mutual learning between China and India, two ancient civilisations. The Mogao Grottoes in Dunhuang remind me of Ajanta Caves and Elora Caves in India. All being world-famous, the murals and Buddha figures in these caves tell the historical and cultural ties between Chinese and Indian civilisations, and witness the light of inter-civilisational exchanges and mutual learning. Indian-style sculptures can be seen in the Mogao Grottoes built during the 4th to 6th centuries.  The moves of the most commonly seen Apsara figure in Dunhuang murals are similar to those in Indian classical dances. Dunhuang also keeps many ancient Buddhist sutras written in Sanskrit and Pattra-Leaf Scripture, a wealth of information for China-India cultural exchanges Convergence of cultures Dunhuang is a classical example of convergence of Oriental and Western civilisations. Dunhuang is an important hub where Oriental culture met the Western culture in history, and different cultures met and mingled here, shaping the unique charm of Dunhuang culture. The rich and colourful painted sculptures and murals in the Mogao Grottoes absorb the strength of ancient Eastern and Western art. The splendid Dunhuang culture is a fusion of the best of cultures of various nations. Ji Xianlin, a master scholar on culture in China, said that there are only four cultural systems in the world with long history, vast territory, self-contained system and far-reaching influence Chinese Indian Greek and  Islamic Dunhuang as an important hub city: Dunhuang is known as the “Pearl on the Silk Road”.  For thousands of years, envoys and officials, merchants and caravans, monks and scholars, capital and technology, integrated and communicated through this silk road, nourishing the development and prosperity of countries along the route China and India have also developed close economic, trade and cultural exchanges along the ancient Silk Road of both land and sea.  China’s paper making, silk, porcelain and tea were introduced to India, while Indian singing and dancing, astronomy, architecture and spices were introduced to China, which became the historical witness of the mutual exchanges between the two sides.  Zhang Qian was sent on a diplomatic mission to the Western Regions. Zheng He sailed to the Western Ocean seven times and visited India six times.  Xuan Zang, Kumarajiva, Bodhidharma and other great monks made the expeditions by crossing over mountains and sailing the deep sea Road of friendship-India and China The Silk Road is not only a road of trade, but also a road of friendship and mutual learning among civilisations.  It will certainly further promote the deep inter-connectivity and cultural exchanges between countries along the route.  The Silk Road spirit is about openness, exchanges and inclusiveness. It reveals the truth that there will be no progress without openness, no development without exchanges and no strength without inclusiveness.  People-to-People (P2P)  meeting: The mechanism was set up under the joint initiative of President Xi Jinping and Prime Minister Narendra Modi. Chinese State Councilor and Foreign Minister Wang Yi and Indian Minister of External Affairs Subrahmanyam Jaishankar co-chaired the second meeting of China-India High Level People-to-People (P2P) and Cultural Exchanges Mechanism in Beijing Since the first meeting, bilateral people-to-people and cultural exchanges and cooperation have seen a fresh boom. At this meeting, China and India agree to host more colourful P2P and cultural events, work for new progress in P2P and cultural exchanges and consolidate the popular support for the sound development of China-India relations. Conclusion: In the long course of history, China and India, two ancient oriental civilisations, have engaged in exchanges and mutual learning, created two vigorous and charming civilisations, and made great contributions to the development of human civilisation. In the new era, China and India should also adhere to inclusiveness and resolve differences through building common ground. We should transcend civilisation barriers through exchanges, rise above “civilisation conflicts” by mutual learning, and overcome the sense of superiority by promoting coexistence of civilisations Connecting the dots: Discuss Indo-China cultural relations. (TEST YOUR KNOWLEDGE) Model questions: (You can now post your answers in comment section) Note:  Featured Comments and comments Up-voted by IASbaba are the “correct answers”. IASbaba App users – Team IASbaba will provide correct answers in comment section. Kindly refer to it and update your answers. Q.1) Consider the following statements with regard to Composite Water Management Index 2.0 It is conceptualised and prepared by Ministry of Jal Shakti Karnataka had topped the Index 80% of states assessed on the Index over the last three years have shown improvement in water management scores Which of the statements given above are incorrect? 1 and 2 only 2 and 3 only 1 and 3 only 1,2 and 3 Q.2) Consider the following statements about World Youth Conference The third edition of the conference was recently inaugurated by President Ram Nath Kovind in New Delhi The conference is organised by UNESCO Mahatma Gandhi Institute of Education for Peace and Sustainable Development and MHRD The aim of the conference is to impart critical competencies like empathy, compassion, mindfulness and critical inquiry in global youth Which of the above statement(s) given above is/are correct? 1 and 2 only 2 and 3 only 1 and 3 only 1,2 and 3 Q.3) Consider the following statements with regard to Financial Action Task Force FATF is an intergovernmental organization founded in 1989 on the initiative of the G7 to develop policies to combat money laundering  India is a member of FATF since 2010 Which of the above statement(s) given above is/are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Must Read: An end to arms control consensus The Hindu The deadly landslides of Malabar The Hindu How BMC’s duct plan can put an end to Mumbai’s pothole problem Indian Express Proliferation of technologies will address many agriculture-related issues Live Mint

Daily Current Affairs IAS | UPSC Prelims and Mains Exam – 23rd August 2019

IAS UPSC Prelims and Mains Exam – 23rd August 2019 Archives (PRELIMS + MAINS FOCUS) Amazon Wildfires Part of: GS Prelims and GS Mains II- Environmental Conservati In News Man-made fires in the world’s largest rainforest have sent smoke to populated cities and the Atlantic coast It is not unusual to see fires in Amazon forests at this time of year due to high temperatures and low humidity which creates dry favourable conditions for natural wild fires. However, wildfires raging in the Amazon rainforest have hit a record number this year, with 72,843 fires detected so far. Forest fires in the region have doubled since 2013, and increased by 84% compared to the same period last year. Environmental activists blamed President Bolsonaro for the current situation, saying he encouraged loggers and farmers to clear the land by burning down the forests. The largest rainforest in the world, the Amazon is a vital carbon store that slows down the pace of global warming.  The Amazon rainforest produces approximately 20% of oxygen in the Earth’s atmosphere. It is also home to about three million species of plants and animals, and one million indigenous people, which is now under threat due to encroachment by the Brazil government, foreign corporations and governments with economic interests in the resource-rich region, and local farmers https://www.ibtimes.com/brazils-bolsonaro-blames-amazon-fires-ngos-twitter-erupts-2816406 Sabka Vishwas Scheme Part of: GS Prelims and GS Mains III – Indian Economy In News Union Government had announced the Sabka Vishwas (Legacy Dispute Resolution) Scheme in its 2019-20 budget, which will be operationalised from September 1 till December 31, 2019. The two main components of the scheme are dispute resolution and amnesty The dispute resolution component is aimed at liquidating the legacy cases of central excise and service tax that are subsumed in GST and are pending in litigation at various forums The amnesty component of the scheme offers taxpayers the opportunity to pay any outstanding tax and be free of any other consequence under the law It provides substantial relief in the tax dues for all categories of cases as well as full waiver of interest, fine, penalty and complete amnesty from prosecution The scheme offers a relief of 70% from the duty demand if it is less than ₹50 lakh and 50% if it is more than ₹50 lakh for all cases pending adjudication or appeal in any forum. The scheme aims at reducing tax litigation and improving ease of doing business, needed at this time where businesses are facing an economic downturn. Ordnance factory Board (OFB) Part of: GS Prelims and GS Mains III – Indian Economy In News More than 80,000 workers of the 41 ordnance factories across the country are on strike, protesting against the proposed restructuring of the OFB The OFB established in 1775 is currently a department under the Defence Ministry.  These factories manufacture weapons, ammunition, explosives and other equipment like armoured vehicles for the defence forces as well as foreign clients OFB in its present structure of a departmental organisation is not efficient in utilization of resources and competing with rivals in the private sector who have all the managerial and technical flexibility The government plans to convert it into one or more corporate entities fully owned by the government, like the other public sector units At least three expert committees — T K S Nair Committee (2000), Vijay Kelkar Committee on Defence Reforms (2005), and the Raman Puri Committee (2015) — had suggested such a move The argument is that corporatisation would improve efficiency, make products cost-competitive, enhance quality, provide operational freedom and flexibility to the OFB  One of the fears of employees is that corporatisation is a step towards privatisation and they fear job losses One Nation, One Ration Card (ONORC) Part of: GS Prelims and GS Mains II – Issues relating to Public Distribution System In News Last week, the government launched the pilot project for the inter-state portability of ration cards between Telangana and Andhra Pradesh, and between Maharashtra and Gujarat, as part of its ‘One Nation, One Ration Card’ scheme  A ration card is issued to the head of the family, depending on the number of members in a family and the financial status of the applicant. It is used by households to get essential food grains at subsidised prices from designated ration shops (also called fair price shops) under the Targeted Public Distribution System (TPDS). Over the years, different types of ration cards were issued depending on the level of deprivation However, in 2013, when the National Food Security Bill was passed, different ration cards were compressed to just two — priority and Antyodaya (for the most poor).  The responsibility of identifying eligible families and issuing ration cards to them rests with the state/UT government. This implied that beneficiaries could procure food grains only from the designated ration shops within the concerned state ONORC scheme has been launched keeping in mind the internal migration of our country, since people keep moving to different states in search of better job opportunities and higher standards of living. ONORC scheme helps the beneficiary to buy food grains from ration shops located in any part of the country Do You Know? Ration shops can be privately owned or owned by cooperative societies or by the government.  Ownership licenses are issued by the concerned state government.  Presently, commodities including wheat, sugar, rice and kerosene are being allocated as part of the TPDS. State governments have the discretion to provide additional commodities (MAINS FOCUS) FORESTS/ENVIRONMENT Topic: General studies 3 Conservation, environmental pollution and degradation, environmental impact assessment Disaster and disaster management. Why Amazon fires are worrying Context: Man-made fires in the world’s largest rainforest have sent smoke to populated cities and the Atlantic coast.  Concern: Over the last several days, the Amazon rainforest has been burning at a rate that has alarmed environmentalists and governments worldwide. Mostly caused by farmers clearing land, the fires have thrown the spotlight on Brazil President Jair Bolsonaro’s policies and anti-environment stance Where are the Amazon fires happening? Started in the Amazonian rainforests, the fires have impacted populated areas in the north, such as the states of Rondonia and Acre, blocking sunlight and enveloping the region in smoke.  The smoke has wafted thousands of miles to the Atlantic coast and São Paulo, according to the World Meteorological Organization. Brazil’s National Institute for Space Research (INPE) has reported that forest fires in the region have doubled since 2013, and increased by 84% compared to the same period last year.  This year alone there have been 72,843 fires, it said, and more than 9,500 of those have happened over the past few days. How did the Amazon fires start? The weekly Brasil de fato reported that Bolsonaro’s anti-environment rhetoric has emboldened farmers, who organised a “fire day” along BR-163, a highway that runs through the heart of the rainforest. The weekly quoted a report by local newspaper Folha do Progresso, that local farmers had set fire to sections of the rainforest a few days ago to get the government’s attention. “We need to show the President that we want to work and the only way is to knock it down. And to form and clear our pastures, it is with fire,” Folha do Progresso quoted one farmer as saying. Alberto Setzer, a researcher at INPE, told Reuters that this year, the region did not experience extreme dry weather. “The dry season creates the favourable conditions for the use and spread of fire, but starting a fire is the work of humans, either deliberately or by accident.” The Amazon fires are so large that they are visible from space. NASA released images on August 11 showing the spread of fires and reported that its satellites had detected heightened fire activity in July and August. Why are the Amazon fires a cause for concern? The Amazon rainforest is a repository of rich biodiversity and produces approximately 20 per cent of oxygen in the Earth’s atmosphere.  It is also home to indigenous communities whose lives and homelands are under threat due to encroachment by the Brazil government, foreign corporations and governments with economic interests in the resource-rich region, and local farmers. In a 2017 study, the University of Leeds found that carbon intake by the Amazon basin matches the emissions released by nations in the basin. The burning of forests, therefore, implies additional carbon emissions. Research by scientists Carlos Nobre and Thomas E Lovejoy suggests that further deforestation could lead to the Amazon’s transformation from the world’s largest rainforest to a savanna, which would reverse the region’s ecology. A National Geographic report said the Amazon rainforest influences the water cycle not only on a regional scale, but also on a global scale.  The rain produced by the Amazon travels through the region and even reaches the Andes mountain range. Moisture from the Atlantic falls on the rainforest, and eventually evaporates back into the atmosphere.  The report said the Amazon rainforest has the ability to produce at least half of the rain it receives. This cycle is a delicate balance. What environmental protections do Brazil’s laws provide, and what has changed in recent times? Under Brazil’s Forest Code of 1965, farmers could purchase Amazon land but could farm only 20% of it. Following the collapse of the military dictatorship in 1988, a new constitution gave indigenous populations legal ownership of their land and the right to reject development of their land.  In 2012, the Forest Code was revised to reduce the area of deforested land required to be restored, and to reduce penalties for illegal deforesting. In 2018, Brazil’s Supreme Court upheld these changes. Bolsonaro, who took office in January 2019, had promised during his election campaign that his government would open up the Amazon region for business. The Amazon has large reserves of gold and other minerals. Along with aggressive policies of promoting agribusiness, Bolsonaro has opposed protections for indigenous tribal land. A few months before he won, The Washington Post reported that Bolsonaro had recommended exploiting the country’s natural resources by tapping into the Amazon basin.  After the victory, he was quoted as saying: “Brazil should not sit on its natural reserves because a handful of Indians want to conserve it.” Since the 1960s, the Amazon has witnessed large-scale deforestation because of cattle-ranching, logging, power projects, mining and farming. Agribusiness products in 2016 represented 46% of Brazil’s exports. Conservationists believe that for Brazil’s government, short-term economic interests pushed by lobbies take precedence over environmental concerns. How has the government reacted to the concerns over the fires? Bolsonaro has dismissed the INPE findings and said it was the time of the year when farmers burn the land for farming.  In July, he fired INPE scientist Ricardo Galvao for publishing agency data that showed the accelerated rate of deforestation, calling the figures a lie and the images manipulated. Al Jazeera English quoted Bolsonaro as saying that “a report like this one that does not match the truth can cause a great damage to the image of Brazil”. INPE has defended its data How has the international community reacted? Germany and Norway have suspended funding for programmes that aim to stop deforestation in the Amazon and have accused Brazil of doing little to protect the forests. Indigenous groups and environment activists have led protests and criticised Bolsonaro for his comments and policies. Connecting the dots: What are the causes for forest fires. Discuss the measures to prevent Forest fires ECONOMY Topic: General studies 3 Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment.Inclusive growth and issues arising from it. Government Budgeting. New FPI norms by SBI Context: SEBI has relaxed the FPI norms to check the outflows of FPIs from India. SEBI relaxes Foreign Portfolio Investors (FPI) norms by easing the regulatory framework for FPI with simplifies KYC requirements for them and allow FPIs to carry out an off-market transfer of securities. Apart from this SEBI classified FPIs into two categories instead of three. SEBI relaxes the norms on the basis of a committee headed by H R Khan (Former RBI Deputy Governor). Who are Foreign Portfolio Investors? FPI are those investors who hold a short term view of a company, unlike Foreign Direct Investors who invest with a long term view.  They participate in the stock markets in the economy. FPI doesn’t have direct control over the businesses. FPIs are easier to sell than the FDIs due to high liquidity. Generally, the FPI route is preferred for laundering black money. In India, FPIs are regulated by SEBI. Need of Committee: Both the FPIs and the investors had serious concern over the SEBI norms and want to review the norms by SEBI. FPIs shows concern over that the FPIs norms will result in restrictions on investments however SEBI dismissed any such fears. Accordingly, SEBI constitutes H R Khan Committee to review FPI norms and concern raised by the investors. Recommendation of H R Khan Committee: The committee categorized the recommendation into four buckets i.e. FPI Registration process, KYC and documentation, Investment permission and limits and other aspects. The committee recommends that OCIs, NRIs, and RIs should be allowed for holding a non-controlling stake in FPIs and no restrictions should be imposed on them for managing non-investing FPIs or SEBI registered offshore funds. The committee recommends for easing KYC requirements for beneficial owners in case of government-related FPIs. The committee recommended that erstwhile PIOs should not be subjected to any restrictions and clubbing of investment limits should be allowed for well regulated and publicly held FPIs that have common control. The committee also suggests that the time for compliance with the new norms should be extended by six months after the finalization and the non-compliant investors should be given another 180 days to reconcile their existing positions. According to the committee, NRI will be allowed to invest as FPIs if the single holding is under 25% and group holding under 50% in a fund. The panel also recommends that the new rules should be equally applied to the investors using participatory notes (P-notes). The panel also suggested for changes in the norms pertaining to the identification of senior managing officials of FPIs and for beneficial owners of listed entities. New FPI norms by SEBI: SEBI rationalizes the requirements for issuance and subscription of offshore derivative instruments (ODIs). SEBI said that the offshore funds floated by the mutual funds would be allowed to invest in the country after the registration. Those entities which are established under the International Financial Services Centre must meet the criteria for FPIs. SEBI permits FPIs for off-market transfer of securities which are unlisted, suspended or illiquid to a domestic or foreign investor. Structure for Multiple Investment Manager also has been simplified. Those central banks who are not the members of Bank for International Settlements would be eligible for registration as FPIs to attract more overseas funds to the market. The FPIs are classified into two categories earlier it was two. SEBI said it would rationalize the framework for issuance of participatory notes (P-notes) The board also clarified on the debt to equity ratio, companies need to maintain it as 2:1 to be eligible for buybacks however the Non-banking financial companies (NBFC) arms would be exempt from the rule. To crack down insider trading a new whistleblower mechanism will be implemented. Rewarding informants up to Rs. 1 crore for providing “credible and original information” on insider trading. Mutual funds are now allowed to invest in unlisted non-convertible debentures. Reasons for Outflow of FPIs from India: India is the fastest-growing country in the world and there are certain issues which stress the overall economic performance of the country.  One of the main challenges recently is the outflow of FPIs from India. Reasons for the outflow of FPIs are: Introducing Higher tax surcharge in the Budget 2019 by the government. Continue Depreciation of Indian Rupee The trade war between the U.S and China Reduced rating and default of NBFCs Rising of crude oil prices Differences between FPI and FDI FPI lets investor purchase stocks, bonds or other financial assets in foreign country. In this case, investor does not actively manage investments or companies that issue investment. It also does not have control over securities or business. In contrast, FDI lets investor purchase direct business interest in foreign country. The investor also controls his monetary investments and actively manages company into which he puts money. FPI is more liquid and less risky than FDI. Conclusion: Easing of FPI norms could give a boost to the overseas investment in the country which is an important source of economic growth and development in India. These changed norms will make the regulatory framework more investor-friendly for FPIs and a multidimensional approach is needed to resolve the concerns of FPIs and reasons of outflows. (TEST YOUR KNOWLEDGE) Model questions: (You can now post your answers in comment section) Note:  Featured Comments and comments Up-voted by IASbaba are the “correct answers”. IASbaba App users – Team IASbaba will provide correct answers in comment section. Kindly refer to it and update your answers. Q.1) Consider the following statements with regard to Amazon Rainforest The Amazon rainforest produces approximately 20% of oxygen in the Earth’s atmosphere The largest rainforest in the world, the Amazon is a vital carbon store that slows down the pace of global warming.  Wildfires in amazon forests have decreased by 44% compared to the same period last year due to el-nino effect. Which of the statements given above are correct? 1 and 2 only 2 and 3 only 1 and 3 only 1,2 and 3 Q.2) Consider the following statements The responsibility of identifying eligible families and issuing ration cards to them rests with Panchayats/Urban Local bodies The One Nation One Ration Card scheme helps the beneficiary to buy food grains from ration shops located in any part of the country Which of the above statement(s) given above is/are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Q.3) Consider the following statements with regard to Sabka Vishwas Scheme The two main components of the scheme are dispute resolution and amnesty The scheme aimed at reducing tax litigation will be operationalised from September 1, 2019 till March 31, 2020. Which of the above statement(s) given above is/are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Must Read: SC refers Oxytocin ban to larger bench The Hindu Microplastics in drinking water not a health risk for now: WHO  The Hindu India-U.S. 2+2 meeting being held in California The Hindu FATF Asia-Pacific Group may blacklist Pakistan The Hindu