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In News: The government notified new norms for overseas investments by Indians.
In view of the evolving needs of businesses in India, in an increasingly integrated global market, there is a need of Indian corporates to be part of the global value chain.
The revised regulatory framework for overseas investment provides for simplification of the existing framework for overseas investment and has been aligned with the current business and economic dynamics.
Source: The Hindu
Previous Year Question
Q.1) With reference to India, consider the following statements: (2021)
Which of the statements given below is/are correct?
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In News: India-China dispute casts gloom over space project.

India and China have been collaborators in the past on research projects such as the Giant Metre Wave Radio Telescope, a Pune-based observatory that’s employed by astrophysicists across the world to study radiation at metre-scale resolutions to observe and analyse stars and galaxies.
Must Read: China’s space station
Source: The Hindu
Previous Year Question
Q.1) The experiment will employ a trio of spacecraft flying in formation in the shape of an equilateral triangle that has sides one million kilometres long, with lasers shining between the craft”. The experiment in question refers to (2020)
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In News: Recently, Vertical Launch Short Range Surface to Air Missile (VL-SRSAM) was successfully flight-tested by Defence Research & Development Organization (DRDO) and the Indian Navy from an Indian Naval Ship at Integrated Test Range (ITR), Chandipur off the coast of Odisha.

Features:
Source: Pib.Gov
Previous Year Questions
Q.1) With reference to the Agni-IV Missile, which of the following statement(s) is/are correct? (2014)
Select the correct answer using the codes given below.
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In News: The James Webb Space Telescope, NASA’s latest and most powerful telescope, has captured new images of our solar system’s largest planet, Jupiter, presenting it in a never-before-seen light.
Unprecedented view
The Webb Telescope
Source: Indian Express
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In News: Study says sex ratio at birth fell from 111 boys per 100 girls in 2011 to 108 boys per 100 girls in 2019-21
Measures taken by Government to fight sex selective abortions
Pre-Conception and Pre-Natal Diagnostic Techniques Act
Salient features of the act:
Other measure taken by government to improve condition of females:
‘Beti Bachao, Beti Padhao’ campaign
The objectives of this initiative are to prevent of gender biased sex selective elimination, and to ensure survival and protection of the girl child. The strategies involved in this scheme are:
Legislations for creating a safe and secure environment for females.
Enhanced Focus on Health & Education of Child
Political Empowerment
Must Read: Child Malnutrition
Source: The Hindu
Previous Year Question
Q.1) Pradhan Mantri MUDRA Yojana is aimed at (2016)
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Context: Role of Law Enforcement Agencies in roll-out of 5G technology.
With a shaky cyber security foundation, the impact on crime and criminals could be serious
Ensuring security
Challenges in adopting 5G
Infrastructure and technology
Cyber security concerns
Increase in crimes and criminals
Way forward
Authorities will have to adopt measures to hinder crimes facilitated by 5G technology.
The 5G roll-out will be a game-changer for law enforcement agencies. It will enable the police fight crime effectively. At the same time, criminal use of 5G is inevitable. In this context, the recent recommendation of the Telecom Regulatory Authority of India to the government to develop a national road map for India to implement 5G in the best possible manner should encompass law enforcement requirements.
Must Read: 5G Technology + 5G Auctions
Source: The Hindu
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Context: After months of what appeared to be a “go-slow”, the Union government has revved up its interest in using Iran’s Chabahar port to connect to Afghanistan, Europe, Russia and Central Asia for trade.
Importance of Chabahar port for India:
Delay in the Chabahar port project:
Way Forward
Must Read: Chabahar Port
Source: The Hindu
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In News: The week-long ongoing protests against the construction of the Adani Group’s Vizhinjam International Transhipment Deepwater Multipurpose Seaport in Kerala’s capital Thiruvananthapuram intensified, with fisherfolk laying siege to the port from the sea and land.
Fisherfolk’s demands
The community has also put forward six other demands:
The government has conceded all demands except providing a kerosene subsidy, and halting the construction of the port.

Delays; contested studies
Question of viability

According to locals, the project would put the government in a “debt trap”, and could meet a fate similar to that of the Vallarpadam Terminal in Kochi, which has failed to make a profit more than a decade after it was opened.
Source: Indian Express
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Context: Europe is experiencing the great drought.

The impact has been debilitating.
Worst in 500 years

Waterways and power
Drought in China, US too
Must Read: Drought in UP and Jharkhand
Source: Indian Express
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What is the issue?
What is the status of scientific advancement in India?

What is the case of scientific literacy in India?
What is the need of the hour?
Source: The Hindu
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There are approximately 6.6 million refugees across the world today. Amongst them, the Rohingya community from Myanmar is one of the most vulnerable and endangered. Over 900,000 Rohingya people have already been displaced from Myanmar while many remain within the nation as internally displaced person.
Q.1) In which one of the following groups are all the four countries part of International North-South Transport Corridor (INSTC)?
Q.2) The Great Red Spot-on Jupiter is a
Q.3) With reference to space technology, consider the following statements.
Which of the statement/s given above is/are correct?
Comment the answers to the above questions in the comment section below!!
ANSWERS FOR ’24th August 2022 – Daily Practice MCQs’ will be updated along with tomorrow’s Daily Current Affairs.
Q.1) – b
Q.2) – d
Q.3) – c