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Manthan January 2023 Ancient History Note
Manthan January 2023 Ancient History Note
2. INTERNATIONAL RELATINON 24
2.1 India-Egypt Relations............................................... 24 short news
2.2 Indus Waters Treaty ................................................ 26 2.6 Pravasi Bharatiya Divas(PBD)................................... 32
2.3 India- Maldives ....................................................... 27 2.7 Croatia..................................................................... 32
2.8 1267 Al Qaeda Sanctions Committee...................... 33
2.4 India - Sri Lanka....................................................... 28
2.9 Bhopal Declaration.................................................. 33
2.5 Voice of Global South Summit 2023........................ 30 2.10 Asian Pacific Postal Union....................................... 33
3. ECONOMY 35
3.1 Municipal Bonds...................................................... 35 short news
3.2 Circular Economy..................................................... 36 3.11 PM Garib Kalyan Anna Yojana (PMGKAY)................ 45
3.3 T+1 Settlement Cycle............................................... 37 3.12 Securities Appellate Tribunal (SAT).......................... 45
3.4 Additional Tier-1 Bonds........................................... 37 3.13 NARCL...................................................................... 46
3.5 Sovereign Green Bonds........................................... 38 3.14 Utkarsh 2.0 ............................................................. 46
3.6 Domestic Systemically Important Banks (D-SIBs).... 40 3.15 Digital Public Infrastructure..................................... 46
3.7 World Economic Forum Summit............................. 41 3.16 Grameen Udyami Scheme....................................... 47
3.8 Promotion of RUPAY & BHIM-UPI............................ 42 3.17 Bharat Pravah.......................................................... 47
3.9 Loan Loss Provision................................................. 43 3.18 Short Selling............................................................ 47
3.10 Digital Crop Survey.................................................. 44
9. ETHICS 93
9.1 Corporate Governance................................................................................................................................................. 93
11. MISCELLANEOUS 97
11.1 Akshaya Big Campaign for Documents Digitalisation.. 11.2 Green Railway Station Certification: Visakhapatnam..
............................................................................... 97 ............................................................................... 97
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1 POLITY &
GOVERNANCE
1.1 Basic Structure of Constitution If a law is found to “damage or destroy” the “basic
features of the Constitution”, the Court declares it
Context: unconstitutional.
Recently, the Vice President criticised the Supreme In the S R Bommai case of 1994, the apex court,
Court for using the Basic Structure Doctrine to strike upheld the dismissal of BJP governments by the
down constitutional amendments by Parliament, such President of India following the demolition of
as the National Judicial Appointments Commission the Babri Masjid, citing a threat to secularism by
(NJAC) Act. these governments.
PYQ:
Basic Features of the Indian Constitution:
Starting from inventing the ‘basic structure’
doctrine, the judiciary has played a highly proactive The term ‘basic structure’ is not defined, however,
role in ensuring that India develops into a thriving over the years, the Supreme Court through its
democracy. In light of the statement, evaluate the various judgements has shaped the concept of
role played by judicial activism in achieving the 'Basic structure of Constitution'.
ideals of democracy. (2014) In the Kesavananda ruling, the Supreme Court
cited several aspects of the Constitution that could
Background:
be identified as “basic features” of the document
In 1973, a 13-judge Constitution Bench ruled but added that it was not an exhaustive list.
in Kesavananda Bharati v. State of Kerala that
Article 368 does not enable Parliament to amend Components of Basic structure:
the basic framework of the Constitution. ¾ Supremacy of the Constitution;
The historic ruling came to be known as the “basic ¾ Republican and Democratic forms of
structure” doctrine — a judicial principle that Government.
the Constitution has certain basic features that
cannot be altered or destroyed by amendments ¾ Secular character of the Constitution;
by Parliament. ¾ Separation of powers between the Legislature,
Over the years, various facets of the basic structure the executive and the judiciary;
doctrine have evolved, forming the basis for ¾ Federal character of the Constitution.
judicial review of Constitutional amendments.
The verdict also made it clear that judicial Application of the Basic Structure Doctrine:
review was only part of a “system of checks and The “Basic structure” theory was applied for the
balances” to ensure constitutional functionaries first time after its introduction in the 1975 case
do not exceed their limits. Indira Gandhi v. Raj Narain.
About Basic Structure Doctrine: The Allahabad High Court had ruled against
Indira Gandhi
RTSEPFP and convicted her of electoral
The Doctrine of Basic Structure is a form of
judicial review that is used to test the legality of malpractices in the Lok Sabha election, after a
any legislation by the courts. challenge by rival Raj Narain.
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The five-judge Bench, categorised the Check on Majoritarian impulses: The test is widely
independent conduct of elections as “basic regarded as a check on majoritarian impulses of
structure” and ruled that Parliament could not the Parliament since it places substantive limits
amend the Constitution if alterations affected on the power to amend the Constitution.
basic issues like fundamental rights.
Conclusion:
Arguments Against Basic Structure Doctrine:
Thus, after the decisions of the Supreme Court
Not Mentioned in Constitution: It is not found in in Kesavananda Bharati case, Indira Gandhi
the text of the Constitution itself. Election case and Minerva Mills case, it can be
Anti-democratic:The power of “unelected judges” concluded that the Parliament’s power to amend
to strike down amendments to the Constitution the Constitution is limited and in the exercise
on the basis of this doctrine is “anti-democratic of its constituent power, the Parliament cannot
and counter-majoritarian.” violate the Basic Structure of the Constitution.
Judicial overreach over the legislature:In a News Source: The Hindu
democratic society, ‘the basic’ of any ‘basic
structure’ has to be the supremacy of the mandate
of people. Thus the primacy and sovereignty of
1.2 Caste Census
Parliament and legislature is inviolable,”
Context:
Arguments in Favour of Basic Structure The Supreme Court rejected a batch of petitions
Doctrine: challenging the ongoing caste-based census in Bihar.
Maintaining the Sanctity of Constitution: The Probable Question:
test is applied to constitutional amendments
to ensure the amendment does not dilute the What are the arguments in favour of and against
fundamentals of the Constitutional itself. conducting a caste based census in India?
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Solidify caste identities:The census will solidify not need affirmative action but also into the
caste identities, accentuate casteism and caste effectiveness of this measure.
About Chargesheet:
A chargesheet, as defined under Section 173
CrPC, is the final report prepared by a police
officer after completing their investigation of a
case.
It contains details of names, the nature of the
information, and offences.
A charge sheet must be filed against the accused
within a prescribed period of 60-90 days,
Image Source: The Hindu
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otherwise the arrest is illegal and the accused is Implementation: It will cover 500 districts across
entitled to bail. 31 states and Union Territories initially.
A chargesheet is filed by the police or law- Merits of the ABP:
enforcement/ investigative agency only after they
have gathered sufficient evidence against the Customised Approach: It will help the block
accused. administration to adopt customised approaches
towards improving socioeconomic indicators
News Source: The Indian Express
based on the context of the region and the most
emergent needs.
1.4 Aspirational Blocks Programme
Grass root Level Involvement: This method also
Context: brings the decision-making process closer to the
During the Second National Conference of Chief grassroots.
Secretaries, the Prime Minister launched the Improve last mile service delivery: Under the
Aspirational Blocks Programme (ABP). leadership of the district administration, the
Probable Question: officers at the block level will improve critical last
mile service delivery.
What is the significance of the Aspirational Blocks
Programme in the context of promoting inclusive Convergence of Administration: Several line
development in rural India? departments of the block administration
will converge and work in unison to bridge
About the Aspirational Blocks Programme: critical administrative gaps and sustain these
The ABP is built on the success of the government’s developments and improvements for a long
flagship Aspirational Districts Programme (ADP) period of time.
launched in 2018 across 112 under-developed Additional Information:
districts of India.
About Aspirational Districts Programme:
Focus area: To enhance the quality of life of
Launched in 2018.
citizens in the most difficult and underdeveloped
blocks of India by converging existing schemes Aim: To quickly and effectively transform 112
and monitoring them on a constant basis. most under-developed districts across the
country.
The ranking is based on the incremental
progress made across 49 Key Performance
Indicators (KPIs) under 5 broad socio-economic
themes:
¾ Health & Nutrition
¾ Education
¾ Agriculture & Water Resources
¾ Financial Inclusion & Skill Development and
Infrastructure.
Broad contours of the programme: Convergence
(of Central & State Schemes), Collaboration (of
Central, State level Nodal Officers & District
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It focuses on the strength of each district, Mapping Infrastructure: By 2035, the policy sets
identifying low-hanging fruits for immediate the goals of usage of geospatial data including
improvement and measuring progress by mapping of subsurface infrastructure in major
ranking districts on a monthly basis. cities and towns.
The act was enacted by the Parliament in 1955 an individual against any threat to their personal
and has undergone several amendments since liberty, even if the threat originates from a non-
then. state actor.
c. Public Order,
d. Decency And Morality,
e. Contempt Of Court,
f. Defamation,
g. Incitement To An Offence, And
h. Sovereignty And Integrity Of India.
News Source: The Indian Express
responsibility of the Council of Ministers, not need for Parliament to make legislation regarding
the individual ministers. hateful public discourse.
¾ The responsibility for collective decision- News Source: The Indian Express
making is from the Council of Ministers to
the individual ministers, not the other way 1.10 Tussle Between Tamil Nadu
around. Government & Governor
Individual Responsibility:
Context:
¾ A minister may make statements in two
capacities, personal and official as a delegate The Tamil Nadu government and the Governor had
of the government. a conflict where the Governor made changes to his
speech in the assembly, leading to a resolution being
¾ If a statement made in personal capacity passed by the Chief Minister demanding only the
is disparaging or derogatory, it cannot be original speech be recorded.
attributed to the government.
¾ However, if the statement embodies the More on News:
views of the government and is consistent In another controversy, the Raj Bhavan’s Pongal
with the views of the government, then celebration invitations, printed in Tamil, referred
it can be attributed to the government, to him as “the Governor of Tamizhagam”, not
especially in light of the principle of collective Tamil Nadu.
responsibility.
The invitations had also replaced the state
Protection of Free Speech: government emblem with that of the Union
¾ All five judges agreed that the right of free government.
speech and expression cannot be curtailed by
Probable Question:
any additional grounds other than those laid
down in Article 19 (2). What are the constitutional provisions related to
the special address of the President/ Governor to
¾ The grounds in Article 19 (2) for restricting the Legislature?
free speech are exhaustive, and additional
restrictions cannot be imposed on the Address of President/Governor to the
exercise of the right conferred by Article 19 Legislature:
(1) (a).
Constitutional Provisions on the Special
Role of the Court:
Address:
The court's role is to protect fundamental rights
Westminster model of parliamentary democracy:
limited by lawful restrictions, not to protect
restrictions themselves. As India adopted this model, the Constituent
Assembly decided to adopt this practice.
The court can only check the entry of restrictions
into the temple of fundamental rights, but the Article 87 of the Indian Constitution: It requires
law imposing any restriction can only be made by the President to make a special address to
the State, not the Court. both Houses of Parliament assembled on the
commencement of the first session of each year.
Conclusion Article 176: It requires the Governor to make a
The Supreme Court has clarified the extent special address at the first session of each year
of the right of free speech available to public RTSEPFP
of every State Legislative Assembly and to both
functionaries in the context of remarks made by Houses wherever the State also has a Legislative
government ministers. The ruling highlights the Council.
The Constitution gives law-making powers to the Need for Online Gaming Draft rules:
Parliament. While operational aspects can be
Burgeoning Industry: Indian mobile gaming
delegated to statutory bodies, essential powers industry projected to reach Rs 153 billion in
cannot be delegated. revenue by 2024, as per report by Sequoia and
Also, the delegation must be with sufficient BCG report".
guidelines on how the power can be used. Safety Concern:
The petitioners in the demonetisation case RTSEPFP
¾ Around 40 to 45 percent of the gamers in India
argued that since Section 26(2) contains are women, and therefore it was important
no policy guidelines on how the Centre can to keep the gaming ecosystem safe.
Boost Startups: body and all of them will have to inform the Centre
about the online games they have registered.
¾ Online gaming is a very important piece of
the start-up ecosystem and a part of the goal The government may also regulate the content of
of the 1-trillion dollar economy. online gaming, and “ensure that the games do not
have violent, addictive or sexual content.
Key Proposals of the Draft Rules: Additional Information:
Self-regulatory body: Online games will have About Information Technology (Intermediary
to register with a self-regulatory body, and only Guidelines and Digital Media Ethics Code) Rules,
games that are cleared by the body will be allowed 2021:
to legally operate in India.
It has been released under section 87 (2) of IT
¾ The self-regulatory body will have a board Act, 2000 for Social-Media, Digital Media and
of directors with five members from diverse OTT platforms and in supersession of earlier IT
fields, including online gaming, public policy, (Intermediary Guidelines) Rules 2011.
IT, psychology and medicine.
Aim: To ensure an Open, Safe & Trusted and
Prohibit betting: Online gaming companies Accountable Internet for all Indian Internet
will not be allowed to engage in betting on the Users and Accountability of intermediaries to
outcome of games. their users especially within Big Tech platform.
Protect users: The proposed rules, aimed at Due diligence by intermediaries: Due diligence
safeguarding users against potential harm from must be followed by social media intermediaries
skill-based games, have been introduced as like retention of user information for a period of
an amendment to the Information Technology 180 days, reporting cyber security incidents etc.
(Intermediary Guidelines and Digital Media Ethics
Social Media Intermediaries (SSMIs):
Code) Rules, 2021.
Intermediaries with registered users above a
Transparency: Like an intermediary, online notified threshold will be classified as SSMIs.
gaming firms will be required to undertake Additional due diligence to be observed by
additional due diligence, including KYC of users, these SSMIs include :
transparent withdrawal and refund of money, and
a fair distribution of winnings. ¾ Appointment of Chief Compliance Officer
for ensuring compliance with Act and Rules.
Grievance Redressal Mechanism: Similar to
social media and e-commerce companies, online ¾ Nodal Person for 24x7 coordination with
gaming platforms will also have to appoint- law enforcement agencies, Grievance
Officer.
¾ A compliance officer who will ensure that the
platform is following the norms. ¾ Identification of the first originator of the
information.
¾ A nodal officer who will act as a liaison
official with the government and assist law Grievance Redressal: Any person aggrieved by
enforcement agencies. the content of a publisher may file a complaint
¾ A grievance officer who will resolve user with the publisher, who must address it within
complaints. 15 days.
No bot certificate: They will also have to get a “no Digital Media Publishers: It specifies a
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bot certificate” from a reputed certifying body. framework for content regulation of online
publishers of news and current affairs and
There could be more than one self-regulatory curated audio-visual content.
What is an advance medical directive or The purpose and object of the advance medical
living will? directive is to express the choice of a person
regarding medical treatment in an event when he
Living will is a document where, an adult in his loses the capacity to take a decision.
conscious mind, is permitted to refuse medical
treatment or voluntarily decide not to take Passive euthanasia
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was legalised in India by the
medical treatment to embrace death in a natural Supreme Court in 2018, contingent upon the
way. person having a ‘living will’ or a written document
The guidelines pertained to questions such as who Consent of the individual is necessary and it
would execute the living will, and the process by shall be in writing “stating as to when medical
which approval could be granted by the medical treatment may be withdrawn.
board. Additional Information:
An adult human being with mental capacity has International Precedence:
the right to refuse medical treatment, including
Netherlands, Luxembourg, Belgium allow both
withdrawal from life-saving devices.
euthanasia and assisted suicide for anyone who
Who can execute the advance directive and faces “unbearable suffering” that has no chance
of improvement.
how?
The advance medical directive can only be Switzerland bans euthanasia but allows assisted
executed by an adult who is of a sound and dying in the presence of a doctor or physician.
healthy state of mind and in a position to The United States has different laws in different
communicate, relate and comprehend the states. Euthanasia is allowed in some states like
purpose and consequences of executing the Washington, Oregon, and Montana.
document.
It must be voluntarily executed and without any News Source: The Hindu
coercion or inducement or compulsion and after
having full knowledge or information.
SHORT NEWS
1.15 Mandatory Minimum Limits the scope for judicial discretion: It limits
the scope for judicial discretion and arbitrariness,
Sentencing thereby enhancing the cause of justice.
Context: Deterrent for harsh offences: It is also believed
Section 376 DB of the Indian Penal Code prescribes a that it acts as a deterrent for serious or harsh
‘minimum mandatory sentence’ of life imprisonment offences by ensuring that the perpetrator doesn’t
for the remainder of the convict’s life and even death. go unpunished.
About PARAKH:
PARAKH Stands for ‘Performance Assessment,
Review, and Analysis of Knowledge for Holistic
Development’.
Aim: To set up assessment guidelines for all
boards to help remove disparities in scores of
students enrolled with different state boards.
PARAKH has been launched as part of the
implementation of the National Education Policy
(NEP)-2020.
Image Source: Press Information Bureau It will work on three major assessment
Benefits: areas: large-scale assessments, school-based
assessment, and examination reforms.
Upgradation of Infrastructure: BIND scheme
will help in upgradation of infrastructure in the Functions:
Left Wing Extremism (LWE), border and strategic
PARAKH will also be responsible for conducting
areas.
large-scale assessments, including the National
Development of high-quality content: Achievement Survey (NAS).
Development of high-quality content for both
It will also guide the State Achievement Survey
domestic and international audiences. RTSEPFP
(SAS), and monitor achievement of learning
Diversification of Content: It focuses on providing outcomes in the country.
diverse content to the viewers by upgradation of News Source: The Indian Express
3. In which of the following cases the doctrine of Twelfth Specifies the powers, authority
proportionality was adopted by the Supreme and responsibilities of
Court of India? Panchayats
(a) Om Kumar Vs Union of India
How many pairs given above are not correctly
(b) Vikas Kishanrao Gawali case Vs State of matched?
Maharashtra
(a) Only one pair
(c) Shankari Prasad Vs Union of India
(b) Only two pairs
(d) Sajjan Singh Vs State of Rajasthan
(c) All three pairs
4. Consider the following Pairs:
(d) None of the above pairs
Schedule Feature
of Indian 5. Which of the following is India’s first Constitution
Constitution literate district?
Fifth Provisions relating to the (a) Kollam (b) Kannur
administration and control of (c) Wayanad (d) Kozhikode
scheduled areas and scheduled
tribes
Sixth Provisions relating to the
administration of tribal areas
in Assam, Manipur, Tripura and
Mizoram
Answer Key
1. (a) 2. (d) 3. (a) 4. (b) 5. (a)
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2 INTERNATIONAL
RELATION
2.1 India-Egypt Relations Diplomatic Relations:
¾ 1950: India and Egypt established diplomatic
Context: relations in 1950s, after Egypt's independence.
Recently, the President of Egypt, Abdel Fattah El-
¾ 1955: Prime Minister Jawaharlal Nehru was a
Sisi arrived in India as a Chief Guest on India’s 74th
close friend of President Gamal Abdel Nasser,
Republic Day.
and India and Egypt signed a friendship treaty.
Probable Question: ¾ 1961: India, Egypt, Yugoslavia, Indonesia
What is the significance of India-Egypt relations and Ghana established the Non-Aligned
and how have they evolved in the past few years? Movement (NAM).
Discuss the major areas of cooperation between
India and Egypt and their impact on the bilateral Areas of Cooperation:
ties. Trade and Investment:
¾ The India-Egypt Bilateral Trade Agreement
has been in operation since 1978.
¾ India-Egypt bilateral trade has seen a 75%
increase to US$7.26 billion in FY2021-22,
with India's exports to Egypt at US$3.74
billion and Egypt's to India at US$3.52 billion.
¾ Over 50 Indian companies have investments
in Egypt totalling US$3.15 billion, looking to
capitalise on various projects in the region.
Science and Technology:
¾ Joint Working Group on Cyber Issues and
Joint Committee Meeting on S&T held in both
countries.
¾ India-Egypt Workshops on Agriculture-
Biotechnology and Nanotechnology held in
India.
History of India-Egypt Relations: ¾ The IT Centre at Al Azhar University, CEIT, has
Ancient Ties: been operational since 2019.
¾ Trade between Egypt and India can be traced Defence:
back to at least the time of Emperor Asoka.
¾ Defence cooperation determined by Joint
¾ Mahatma Gandhi and the Egyptian Defence
RTSEPFP Committee (JDC) activities.
¾ It serves as a gateway to both Europe and MoU on Cultural Cooperation: India has signed
Africa. a Memorandum of Understanding (MoU) on
Cultural Cooperation with Egypt.
¾ Provides access to numerous nations
connected by its free trade agreements in the ¾ The MoU is to strengthen the cultural ties and
is for a period of 5 years.
Arab world and Africa.
MoU to facilitate content exchange: India and
¾ The Suez Canal handles 12% of international
Egypt signed MoU for three years to facilitate
trade.
content exchange, capacity building, and co-
India’s energy Needs: India imports significant productions between Prasar Bharati and the
amounts of Egyptian crude oil and natural gas: National Media Authority of Egypt.
¾ Petroleum Oil (46.2%) and Petroleum Gas ¾ Under the pact, both broadcasters will
(11.1%) makes up 46.2% and 11.1% of exchange their programmes of different
imports from Egypt. genres like sports, news, culture,
entertainment on a bilateral basis.
¾ Egypt can be a reliable partner in fulfilling
India's energy needs. They agreed to cooperate on issues such as
counter-terrorism, peacekeeping, and economic
Egypt's Influence in the Arab World: development.
¾ The Arab League is headquartered in Cairo, They affirmed their strengthening defence ties,
showcasing Egypt's influential position in the with regular joint military exercises.
Arab world.
Challenges:
¾ Arab League includes countries like Saudi
Arabia, UAE, and others of strategic China's Growing Influence in Egypt:
importance. ¾ China-Egypt trade is double of India-Egypt
¾ India views Egypt's diplomatic capital as bilateral
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trade.
important and anticipates assistance in ¾ Chinese influence over Egypt is seen as
contentious situations. negative from an Indian perspective.
Egypt's Domestic Economic Instability and its then President of Pakistan, Ayub Khan in 1960 by
Impact on India: mediation of World Bank.
¾ Egypt is battling high inflation of 21%. Water Allocation:
The instability can lead to a decrease in the ¾ All the water of the eastern rivers - Sutlej,
demand for Indian exports to Egypt, causing a Beas, and Ravi was allocated to India for
drop in India's trade with the country. unrestricted use.
Way Forward: ¾ The waters of western rivers — Indus,
Reviving bilateral relationship between India and Jhelum, and Chenab — were assigned largely
Egypt: Given Egypt's centrality in four strategic to Pakistan.
theatres and its potential to partner with India
and France, reviving the bilateral relationship
should be a priority for India.
Forming a third pole in international politics:
India is looking to form a coalition of regional and
middle powers to pursue their national interests in
an era of great power competition and economic
uncertainty.
¾ Egypt, as a rising power with its own
aspirations, could be a valuable partner in
this effort.
Building on the legacy of Non-Alignment Image Source: The Hindu
Movement: The cooperation between India and India has been given the right to generate
Egypt during the Cold War provides a foundation hydroelectricity through run of the river projects
for strengthening the third pole in the new era of on the western riverabject to specific criteria for
great power rivalry. design and operation.
¾ India and Egypt should leverage their past ¾ The Treaty also gives the right to Pakistan
experience in the Non-Alignment Movement to raise objections on the design of Indian
to work towards a more stable and secure hydroelectric projects on western rivers.
global environment.
Pakistan roughly got 80% of the water in the Indus
News Source: The Hindu drainage system.
complains that Pakistan is blocking such efforts India has given additional grant assistance of
due to political tensions. 100 million Maldivian Rufiyaa for a high-impact
News Source: The Hindu community development scheme.
An MoU was also signed for the development of a
2.3 India- Maldives sports complex in Gaafu Dhaal Gadhdhoo.
Context: Bilateral Challenges:
Recently, India's External Affairs Minister reviewed its India Out campaign: India has made significant
joint projects with the Maldives on a three day visit. inroads in Maldives, India Out campaign has been
gaining ground in Maldives in the past few years.
Probable Question:
Radicalization:Another area of concern is the
Maldives is important in India’s vision of radicalization in Maldives. Maldives’ transition
‘neighbourhood first policy’. Discuss to democracy in 2008 also led to growing
undercurrents of radicalization.
China’s Footprint: China’s strategic footprint
has lately increased in India’s neighbourhood.
Maldives has emerged as an important “pearl” in
China’s “String of Pearls” construct.
India-Maldives Co-operation:
Greater Malé Connectivity Project (GMCP): This
project was funded by India in a grant of $100
million, with a line of credit of $400 million.
The Joint Staff Talks (JST) is a forum established
to boost defence cooperation between India and
Image Source: Operation World
the Maldives through annual talks at the strategic
Key outcome of Visit: and operational levels.
An MoU between Cochin University and Maldives India’s prompt
RTSEPFP assistance during the 1988 coup
National University was signed for capacity attempt, led to development of trust and long‐
building to facilitate exchanges and cooperative term and friendly bilateral relations with the
initiatives. Maldives.
Recently, the Minister of External Affairs visited Sri long history of cultural, religious, and trade ties
Lanka to finalise plans on debt restructuring. dating back to ancient times.
¾ There are strong cultural ties between the two economic relationship, due to trade barriers and
countries, with many Sri Lankans tracing their differences in economic policies.
heritage to India. Buddhism, which originated
Political Instability: Political instability in Sri Lanka
in India, is also an important religion in Sri
has also had an impact on the relationship, with
Lanka. changes in government leading to shifts in foreign
Economic Cooperation: India is Sri Lanka’s third policy.
largest export destination, after the US and UK.
More than 60% of Sri Lanka’s exports enjoy Sri Lanka’s Economic Crisis:
the benefits of the India-Sri Lanka Free Trade Sri Lanka is facing its worst economic crisis since
Agreement. 1948.
¾ India is Sri Lanka’s largest trading partner Economists say the crisis stems from domestic
with a share of 16 percent in Sri Lanka’s total factors such as years of mismanagement and
trade with the world. corruption.
Defence Cooperation: India and Sri Lanka conduct Conditions have been deteriorating for the past
joint Military (Mitra Shakti) and Naval exercise several years. In 2019, Easter suicide bombings
(SLINEX). at churches and hotels devastated tourism, a key
source of foreign exchange.
Development Cooperation: India's Financial
Assistance to Sri Lanka Sri Lanka borrowed heavily in the international
¾ Initial Loan of $900 Million (January 2022) market after the end of the civil war in 2009, and
over 70 per cent of revenue is going to pay the
¾ Credit Line to Fund Fuel Purchases of $500 interest on the debt.
Million (Later Expanded to $700 Million)
¾ Total Financial Assistance Nearly $4 Billion Sri Lanka Creditor and Percentage of Bilateral
Regional cooperation: India and Sri Lanka are
Debt:
both members of the South Asian Association for
Regional Cooperation (SAARC) and are actively
involved in regional initiatives aimed at improving
economic and social conditions in South Asia.
Conclusion:
The way forward in India-Sri Lanka relations involves
sustained engagement and collaboration, based on
mutual respect and understanding, to enhance the
well-being of their peoples and the stability of the
region.
Image Source: rgs.org
Additional Information:
About the Global South Summit:
About International Monetary Fund:
The summit aims to bring together countries of
The IMF was established in 1944 as part of the Global South to share their perspectives and
the Bretton Woods Agreement to promote priorities on a common platform.
international monetary cooperation and
facilitate the balanced growth of international ¾ E.g. concerns over the COVID-19 pandemic
trade. impact, climate change, terrorism, fragile
supply chains, ongoing conflicts and debt
Purpose: The IMF's primary purpose is to ensure
crises
the stability of the international monetary
system—the system of exchange rates and Theme: "Unity of Voice, Unity of Purpose".
international payments that enables countries
to transact with each other. During the session India stands for:
Membership: 190 member countries. ¾ Three fundamental shifts that can create a
conducive environment.
Quotas: Each member country of the IMF is
assigned a quota, based on its relative size in • Model of Globalization: From self-
the world economy. centered globalization to human-centered
globalization.
Headquartered in Washington, D.C (USA)
• Innovation and Technology: From being
Reports by IMF:
on the receiving end of technological
¾ Global Financial Stability Report. patronage, to deploying Global South-led
innovations for societal transformation.
¾ World Economic Outlook.
• Development Cooperation: From debt-
News Source: The Indian Express creating projects to a demand-driven and
sustainable development cooperation.
2.5 Voice of Global South Summit
India’s Prime Minister Remarks at the Global
2023 South Summit:
Context: He also highlighted issues of food, fuel, and
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There would be eight ministerial sessions under Health Ministers’ Session on “Cooperation to
the summit, with the following themes: Build Resilient Healthcare Systems”
Finance Ministers’ Session on “Financing Education Ministers’ Session on “Human
People-Centric Development” Resource Development and Capacity Building”
Environment Ministers’ Session on “Balancing Commerce and Trade Ministers’ Session on
Growth with Environment-Friendly Lifestyles “Developing Synergies in the Global South –
(LiFE)” Trade, Technology, Tourism and Resources”
Foreign Ministers’ Session on “Priorities of Foreign Ministers’ Session on “G-20:
the Global South – Ensuring a Conducive Suggestions for India’s Presidency”
Environment”
India announced a series of initiatives to
Energy Ministers’ Session on “Energy Security
strengthen India's engagement with the
and Development- Roadmap to Prosperity”
Global South:
RTSEPFP
Aarogya Maitri" Project: India will provide Global South Scholarships: For students from
essential medical supplies to developing country developing economies to pursue studies in Indian
affected by natural disasters or humanitarian educational institutions.
crisis.
Conclusion
Global South Young Diplomats Forum: To connect
youthful officers of India’s foreign ministries. The Voice of the Global South Summit is an important
step in India's G-20 presidency, as it seeks to amplify
Global South Centre of Excellence: This institution the voice of the long-neglected global south. India
will undertake research on scalable development is hoping to bring together these voices and shape
solutions for global south countries the discourse on global governance, and take these
Global South Science and Technology Initiative: concerns forward to the G-20.
To share expertise with other developing nations. News Source: The Hindu
SHORT NEWS
2.6 Pravasi Bharatiya Divas(PBD) The day is also meant to recognize and honour
the achievements and contributions of overseas
Context: Indians.
The 17th Pravasi Bharatiya Divas Convention was It strengthens ties between India and the global
organised in Indore. Indian community.
About 17th Pravasi Bharatiya Divas: It has helped create jobs and encouraged the
return of skilled Indian workers and entrepreneurs.
Theme: "Diaspora: Reliable partners for India’s
News Source: The Hindu
progress in Amrit Kaal”.
A Commemorative Postal Stamp ‘Surakshit 2.7 Croatia
Jaayen, Prashikshit Jaayen’ was released to
underline the importance of safe, legal, orderly Context:
and skilled migration. Croatia joined the Schengen Area and Eurozone on
January 1, 2023.
Pravasi Bharatiya Divas:
PBD was first celebrated in 2003.
Organised by: Ministry of External Affairs,
Government of India, in partnership with the
Confederation of Indian Industry (CII).
It is celebrated on January 9th after every two
years, on the same day that Mahatma Gandhi
returned to India from South Africa in 1915.
An award called ‘The Pravasi Bharatiya Samman
Award’ is given out as part of the programme.
Significance:
It provides an important platform to engage and About Schengen
RTSEPFP Zone:
connect with the overseas Indians and to enable The Schengen zone is the world’s largest passport-
the diaspora to interact with each other. free travel and borderless zone in Europe.
It was created in 1985 in the Schengen town in It implements international sanctions against
Luxembourg. terrorists considered as a global threat.
It covers 23 European Union member states plus The current Chair is Norway’s Trine Heimerback,
the four members of the European Free Trade while the two Vice-Chairs are with Russia and the
Association – Iceland, Norway, Switzerland, and
United Arab Emirates.
Liechtenstein
News Source: The Indian Express
Benefit: It allows people, goods, and services
to travel freely amongst its member countries,
without having to pass identity checks at 2.9 Bhopal Declaration
checkpoints.
Context:
Eurozone The Bhopal Declaration was released after discussion
The eurozone refers to an economic and in a two-day meeting of Think-20 under G20 in Bhopal
geographic region consisting of all the European (Madhya Pradesh).
Union (EU) countries that incorporate the euro as
their national currency. The Focus of the Declaration:
Benefits for Croatia: Emphasises promoting traditional medicine
¾ Easier cross-border trade, especially when systems like Ayush.
most of Croatia’s trading partners are part of
the eurozone. Encouraging value-oriented development in
infrastructure development,
¾ Attract investments
¾ Enhanced protection from external shocks Inclusive development,
News Source: The Hindu Care for the welfare of every section of society in
comparison to GDP,
2.8 1267 Al Qaeda Sanctions
Committee Special attention to children,
Encourage the model of development led by
Context: women,
The UN Security Council’s ISIL and al-Qaida Sanctions
Committee, also known as the 1267 committee, Bridge the gap between North and South and
blacklisted Lashkar-e-Taiba leader Abdul Rehman work together to ensure health for all.
Makki. News Source: The Indian Express
It was established in 1999 under resolution APPU is the only Restricted Union of the Universal
1267 and comprises 15 members of the Security Postal Union (UPU) in the region, which is a
Council. specialised agency of the United Nations.
Answer Key
1. (b) 2. (b) 3. (c) 4. (a) 5. (c)
RTSEPFP
3 ECONOMY
In the T+1 format, if an investor sells a share, she Regulation: AT-1 bonds are regulated by the
will get the money within a day, and the buyer will Reserve RTSEPFP
Bank of India (RBI).
get the shares in her demat account also within No Maturity Date: These bonds are perpetual in
a day. nature — they do not carry any maturity date.
Offer High Returns: They offer higher returns to managing all the three types of risks that are
investors but compared with other vanilla debt credit and increased disclosure requirements.
products, these instruments carry a higher risk as
Banks need to mandatorily disclose their risk
well.
exposure, etc to the central bank.
Face Value: AT-1 bonds carry a face value of ₹10
lakh per bond. Basel III
High Risk Instruments: Since these bonds can In 2010, Basel III guidelines were released in
be written down by banks under the directions response to the financial crisis of 2008.
of the Reserve Bank of India (RBI) in the event of Basel III norms aim at making most banking
an institutional failure, they are seen as high-risk activities such as their trading book activities
instruments more capital-intensive.
Redeem: Banks have a call option that permits The guidelines aim to promote a more resilient
them to redeem these bonds after a certain banking system by focusing on four vital banking
period. parameters viz. capital, leverage, funding and
These bonds were introduced by the Basel liquidity.
accord after the global financial crisis to protect Additional Information
depositors.
About Bureau of International Settlement (BIS):
Basel Guidelines: Basel is a city in Switzerland which is also
Basel guidelines refer to broad supervisory the headquarters of Bureau of International
standards formulated by central banks- called the Settlement (BIS).
Basel Committee on Banking Supervision (BCBS). BIS fosters cooperation among central banks
The set of agreements by the BCBS, which mainly with a common goal of financial stability and
focuses on risks to banks and the financial system common standards of banking regulations.
are called Basel accord.
News Source: The Indian Express
The purpose of the accord is to ensure that
financial institutions have enough capital
on account to meet obligations and absorb
3.5 Sovereign Green Bonds
unexpected losses. Context:
India has accepted Basel accords for the banking RBI to issue green bonds in two tranches of Rs 8,000
system. cr each.
These bonds are typically asset-linked and funds, hedge funds, and endowments that can
backed by the issuing entity’s balance sheet, so afford to invest large sums in debt instruments
they usually carry the same credit rating as their
issuers’ other debt obligations. Working of Green bond:
To qualify for green bond status, they are often Green bonds work just like any other corporate or
verified by a third party such as the Climate Bond government bond.
Standard Board, which certifies that the bond Borrowers issue these securities to secure
will fund projects that include benefits to the financing for projects that will have a positive
environment.
environmental impact, such as ecosystem
Buying Green Bonds: restoration or reducing pollution.
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Investments in green bonds often come from Investors who purchase these bonds can expect
institutional investors—entities like mutual to make a profit as the bond matures.
In addition, there are often tax benefits for ICICI Bank, and HDFC Bank as Domestic Systemically
investing in green bonds. Important Banks (D-SIBs).
Context: Since 2015, the RBI has classified banks into five
buckets, according to their importance to the
The Reserve Bank of India (RBI) has categorised SBI,
national economy.
SBI 3
In order to be listed as a D-SIB, a bank needs to
have assets that exceed 2 percent of the national
GDP.
Due to their economic and national importance,
the banks need to maintain a higher share of risk-
weighted assets as tier-I equity.
It caters to the “Peer to Peer” collect request. approach, is not considered good enough by the
RBI and they believe a switch to the "expected
Bharat Interface for Money (BHIM): credit loss" method is necessary to prevent
problems for the financial system as a whole.
It is a payment app that lets you make simple,
easy and quick transactions using Unified Problem with the incurred loss-based
Payments Interface (UPI).
approach:
Direct bank payments can be made to anyone on
The "incurred loss" approach of provisioning by
UPI using their UPI ID or scanning their QR with
banks has been found to be inadequate, as it only
the BHIM app. Money can also be requested
recognizes losses that have already happened.
through the app from a UPI ID.
Additionally, the overstatement of income and
It is pioneered and developed by National
dividend payouts also impacted their capital
Payments Corporation of India (NPCI).
base, affecting their overall resilience.
National Payments Corporation of India What is Loan Loss Provision?
(NPCI):
The RBI defines a loan loss provision as an expense
NPCI is an umbrella organization for operating that banks set aside for defaulted loans.
retail payments and settlement systems in
India. Banks set aside a portion of the expected loan
repayments from all loans in their portfolio to
It is an initiative of the Reserve Bank of India cover the losses either completely or partially.
(RBI) and Indian Banks' Association (IBA) under
the provisions of the Payment and Settlement In the event of a loss, instead of taking a loss in its
Systems Act, 2007, for creating a robust cash flows, the bank can use its loan loss reserves
Payment and Settlement Infrastructure in India. to cover the loss.
It has been incorporated as a "Not for Profit Since the bank does not expect all loans to
Company under the provisions of Section become impaired, there is usually enough in the
25 of Companies Act 1956 (now Section 8 of loan loss reserves to cover the full loss for any one
Companies Act 2013). or a small number of loans when needed.
News Source: The Indian Express An increase in the balance of reserves is called
loan loss provision.
3.9 Loan Loss Provision
About the expected loss-based approach:
Context:
Under this practice, a bank is required to estimate
Recently, the Reserve Bank of India (RBI) published a expected credit losses based on forward-looking
discussion paper on “loan loss provision”, proposing a estimations, rather than wait for credit losses to
framework for adopting an expected loss (EL)-based be actually incurred before making corresponding
approach for provisioning by banks in case of loan loss provisions.
defaults.
The new framework requires banks to categorize
Probable Question: their financial assets (like loans and investments)
What are the key features and benefits of the into three groups: Stage 1, Stage 2, or Stage 3.
expected loss (EL)-based approach for loan loss The categorization will be based on the estimated
provisioning, as proposed by the Reserve Bank of amount of credit loss on the assets.
India (RBI). RTSEPFP
Banks must make necessary provisions for
Need for Loan Loss Provision: each group and must reassess and update the
The current method, called the "incurred loss" categorization on a regular basis.
Probable Question:
What is the significance of a digital crop survey in
India, and how does it contribute to the overall
improvement of the agriculture sector?
RTSEPFP
SHORT NEWS
3.11 PM Garib Kalyan Anna Yojana It will subsume two subsidy schemes of the
Department of Food & Public Distribution.
(PMGKAY)
¾ Food Subsidy to FCI: It is in form of a consumer
Context: subsidy (Difference between Economic cost
Recently, the Centre has named its new integrated incurred by FCI and realized Central Issue
food security scheme for providing free foodgrains Price) and a buffer subsidy (Cost of holding
to Antodaya Ann Yojna (AAY) and Primary Household and maintaining buffer stock).
(PHH) beneficiaries under National Food Security Act ¾ Food Subsidy for decentralized procurement
(NFSA), 2013 as PMGKAY. states dealing with procurement, allocation
and delivery of free foodgrains to states
About the PM Garib Kalyan Anna Yojana under NFSA.
(PMGKAY):
¾ Earlier, a scheme with similar name (PMGKAY)
It’ll strengthen provisions of NFSA, 2013 in terms was implemented during the Covid-19
of accessibility, affordability, and availability of pandemic.
foodgrains for the poor.
"AAY Household" stands for Antyodaya Anna About Securities Appellate Tribunal:
Yojana Household and "PHH" stands for Priority
The Securities Appellate Tribunal is a government-
HouseHold.
created entity formed through the Securities and
News Source: The Indian Express Exchange Board of India Act of 1992.
SEBI to challenge Securities Appellate Tribunal order Appointment: The SAT has a chairperson and
in NSE co-location scam. two additional members. The appointment of the
Answer Key
1. (b) 2. (c) 3. (c) 4. (c) 5. (c)
RTSEPFP
ENVIRONMENT
4 & GEOGRAPHY
4.1 Coral Reefs ¾ Soft coral polyps, however, borrow their
appearance from plants, attach themselves
Context: to such skeletons and older skeletons built by
Global warming poses a more significant threat their ancestors.
to coral growth and reef accretion than ocean
acidification (OA), according to a new study published Coral Bleaching
in the Communications Biology journal. Bleaching happens when corals experience
stress in their environment due to changes in
Probable Question:
temperature, pollution or high levels of ocean
What is the ecological and economic importance acidity.
of coral reefs and what are the major threats and
challenges to their survival and conservation in the Under stressed conditions, the zooxanthellae or
world? food-producing algae living inside coral polyps
start producing reactive oxygen species, which
About Coral Reefs: are not beneficial to the corals.
Corals are marine invertebrates or animals not So, the corals expel the colour-giving
possessing a spine. zooxanthellae from their polyps, which exposes
¾ For Example: Australia’s Great Barrier Reef their pale white exoskeleton, giving the corals a
bleached appearance.
Each coral is called a polyp and thousands of
such polyps live together to form a colony, which Importance:
grows when polyps multiply to make copies of Coral reefs support over 25% of marine
themselves. biodiversity, including fish, turtles and lobsters;
Corals share a symbiotic relationship with single- even as they only take up 1% of the seafloor.
celled algae called zooxanthellae. The marine life supported by reefs further fuels
¾ The algae provides the coral with food global fishing industries. Even giant clams and
and nutrients, which they make through whales depend on the reefs to live.
photosynthesis, using the sun’s light. In turn, Besides, coral reef systems generate $2.7 trillion
the corals give the algae a home and key in annual economic value through goods and
nutrients. service trade and tourism.
Types of Corals: News Source: The Indian Express
(also found in limestone) from the seawater sank as much as nearly 5.4 cm according to an ISRO
to build hard, white coral exoskeletons. report.
pipelines, tankers, intermediate storage and last The idea of linking Ken with Betwa got a major
leg distribution networks. push in 2005, when a tripartite memorandum
The country’s current annual average safe limits Since the establishment of the NCAP, 131 cities
for PM 2.5 and PM 10 are 40 ug/m3 and 60 ug/ have been added to the list of non-attainment
m3. cities, due to their failure to meet the NAAQS
The top ten most polluted for PM 2.5: under the National Air Quality Monitoring
Program (NAMP).
¾ Delhi, Faridabad, Ghaziabad, Patna,
Muzzafarpur, Noida, Meerut, Gobindgarh, NCAP Target:
Gaya and Jodhpur.
The top ten most polluted cities based on PM 10:
¾ Ghaziabad, Faridabad, Delhi, Noida, Patna,
Meerut, Muzzafarpur, Durgapur, Jodhpur and
Aurangabad.
Cleanest City: Jointly held by Srinagar in Kashmir
and Kohima in Nagaland.
About National Clean Air Programme (NCAP):
The program was launched in 2019 in 102 Non-
Attainment cities which had failed to meet the
National Ambient Air Quality Standards (NAAQS)
during the periods of 2011-2015.
The country’s current, annual average prescribed concentration and a concurrent increase in “good
limits for the two main classes of particulate are: air” days to at least 200.
Initial target set up by the NCAP:
In 2022, the Centre moved the goalposts and set
a new target:
Reduction
Target Deadline
(%)
Anything fewer will be considered ‘low’ and
Particulate matter the funding, provided by the Centre via the
40 2026
concentration Environment Ministry, consequently reduced.
Funds for the program are disbursed by the
As of 2022, some of the top polluted cities from
Central Pollution Control Board and are based 2019 have seen a marginal improvement in both
on PM10 particle levels, not PM2.5, which is PM2.5 and PM10 levels.
not monitored as consistently due to lack of
equipment. Has NCAP managed to reduce pollution?
RTSEPFP
Cities are required to quantify improvement In September 2022, the Centre for Science and
starting 2020-21, which requires 15% and Environment reported that based on PM2.5
more reduction in the annual average PM10 levels, only 14 of 43 (NCAP) cities registered
a 10% or more reduction in their PM2.5 level neighbouring areas in Palakkad, Kerala for the last
between 2019 and 2021. two years.
On the other hand, out of 46 non-NCAP cities Kerala forest officials captured a wild elephant
with adequate data, 21 recorded significant code-named Palakkad Tusker-7.
improvement in their annual PM2.5 value with PT 7 built a notorious reputation in Kerala,
5% or more decline between 2019 and 2021. frequently raiding farmland as well as residential
There were 16 NCAP cities and 15 nonNCAP areas across central Kerala, especially Palakkad
cities that registered a significant increase in and Idukki districts.
their annual PM2.5 levels — with near identical According to Forest Department officials, it
numbers. has been responsible for nearly 90 per cent of
This suggested that nonNCAP and NCAP cities elephant conflicts in the region.
were as likely to be polluted, with the NCAP Additional Information:
regime having limited effectiveness.
About Asian Elephant:
News Source: The Indian Express
Major Threats: Habitat loss, degradation and
4.6 Human-Animal Conflict fragmentation.
Protection Status:
Context:
¾ Listed under Schedule I of the Wildlife
The Elephant Lovers Forum in Palakkad has raised (Protection) Act, 1972
concerns about suspected poaching and hunting
attempts by the people living in forest fringes in ¾ IUCN Red List of threatened species status:
Kerala. Endangered
It had also raised concerns over gunshot wounds Kumki:
on captured elephant PT7. Kumki or Koomkie is a term used in India
Probable Question: (especially south India) for captive Asian
elephants that are trained to be used in
What are the causes and consequences of
operations to trap wild elephants.
human-animal conflict in India, and how has the
government and other stakeholders addressed this They are also sometimes used to rescue or to
issue in recent years? provide medical treatment to an injured or
trapped wild elephant.
It is the codename of a rogue elephant which Habitat loss: Loss of natural habitats due to
has been terrorising residents of Dhoni and deforestation, urbanization, and industrialization.
Resource competition: Overgrazing by wild they occur, such as building physical barriers,
herbivores leading to crop damage or predation installing electric fencing, and developing early
of livestock by carnivores. warning systems.
Human disturbance: Human activities like Education and Awareness: Educating
tourism, recreation, and commercial development communities about the importance of wildlife
in wildlife habitats can also lead to increased conservation and providing them with practical
conflict with animals. knowledge on how to reduce conflicts with
Lack of awareness: Lack of awareness and wildlife.
understanding of wildlife behavior and habitat Alternative Livelihoods: Providing alternative
needs can also contribute to human-animal livelihood options for communities that are
conflict. dependent on farming and are vulnerable to crop
Climate change: Climate change can also have raiding by wildlife.
an impact on human-animal conflict in India by Effective Law Enforcement: Strengthening law
altering the distribution and abundance of wildlife enforcement efforts to curb illegal activities, such
and altering migration patterns. as poaching and poaching of wildlife, which can
Encroachment of protected areas: Unauthorized escalate conflicts.
encroachment into protected areas can lead Collaborative Management: Encouraging
to increased conflicts between humans and collaboration between local communities, wildlife
wildlife as well as disrupt the delicate balance of managers, and other stakeholders to jointly
ecosystems. address human-animal conflict issues.
Consequences: Additional Information:
Loss of life and property: Conflicts between About Monitoring the Illegal Killing of
humans and wildlife, such as elephants and
tigers, can result in loss of human life and damage Elephants (MIKE):
to crops and homes. It is an international collaboration that measures
Reduced biodiversity: Conflicts can lead to the levels, trends and causes of elephant
habitat loss, overhunting, and wildlife population mortality.
decline. The MIKE Programme was established by
Economic impact: Agricultural losses due to crop the Convention on International Trade in
raiding by wildlife can have a significant impact Endangered Species of Wild Fauna and Flora
on local communities, especially those that are (CITES) by Resolution adopted at the tenth
dependent on farming for their livelihoods. Conference of the Parties in 1997.
Negative perception of wildlife: Conflicts can There are currently 28 sites participating in the
lead to increased negative attitudes towards MIKE programme in Asia, distributed across 13
wildlife, potentially leading to increased poaching countries.
of revenge killings.
India has 10 sites, followed by two sites each
Management challenges: Conflicts can present in Cambodia, Indonesia, Lao PDR, Malaysia,
challenges for wildlife management and Myanmar and Thailand, and one site each in
conservation efforts. Bangladesh, Bhutan, China, Nepal, Sri Lanka
and Vietnam.
Way Forward: RTSEPFP
RTSEPFP
It has a suitable habitat and adequate prey It is the only wildlife site in the country where
base for the reintroduction of Cheetah. there has been a complete relocation of villages
from inside the park and offers the prospect
It is estimated to have a capacity to sustain 21
of housing four big cats of India - tiger, lion,
cheetahs.
leopard and cheetah.
News Source: The Hindu
SHORT NEWS
4.8 Olive Ridley Turtles Loss and Degradation of Nesting Habitat: Coastal
development and rising seas from climate change
Context: are leading to the loss of nesting beach habitat for
Hundreds of vulnerable Olive Ridley Turtles ( olive ridley turtles.
Lepidochelys olivacea) have been found dead along Predation of Eggs and Hatchlings: The destruction
the coastline in the Godavari region. and consumption of eggs and hatchlings by non-
native and native predators (particularly birds and
crabs) is a threat to olive ridley sea turtles.
Vessel Strikes: Vessel strikes are a threat to sea
turtles near ports and waterways along developed
coastlines throughout their range.
Ocean Pollution/Marine Debris: Increasing
pollution of nearshore and offshore marine
habitats threaten all sea turtles and degrades
their habitats.
Image Source: The Hindu
Climate Change: For all sea turtles, a warming
About Olive Ridley Turtle: climate is likely to result in changes in beach
The Olive ridley turtles inhabit warm waters of morphology and higher sand temperatures,
the Pacific, Atlantic and Indian oceans. which can be lethal to eggs or alter the ratio of
Scientific Name: Lepidochelys olivacea male and female hatchlings produced.
These are known for their mass nesting event Suggestions of the panel formed by Orissa
called Arribada, where many females gather on
one beach to lay eggs. High Court:
For mass nesting, they arrive at the Gahirmatha Focus enforcement on areas where turtles
coast (Bhitarkanika National Park), Odisha’s congregate for nesting — typically within 5
Rushikulya rookery and Devi river mouth. kilometres (km) of the coast
Protection Status: Conduct brief surveys to identify the main
¾ IUCN Red List: Vulnerable congregations and restrict patrolling to these
¾ CITES: Appendix I (International trade in areas. Additional force is to be provided to assist
these turtles and their products is banned) them as and when required.
¾ Wildlife Protection Act, 1972: Schedule 1 Coast Guard to enforce ban stringently in
association with Forest and Environment
Threats: Department.
Mass killing: One of the major causes of the ‘No-fishing
RTSEPFP zones’ clearly demarcated and
worldwide decline of the olive ridley sea turtle is outreach material created to provide clarity
long-term collection of eggs and mass killing of about the laws and its applicability to different
adult females on nesting beaches. categories of fishers.
named after the mythical King Mahabali, who Skyglow is the brightness of the artificial glow of
visits his people once a year from the underneath the night sky over inhabited areas.
world.
RTSEPFP
Answer Key
1. (b) 2. (a) 3. (b) 4. (c)
RTSEPFP
SCIENCE AND
5 TECHNOLOGY
5.1 First Earth-sized exoplanet: LHS If an exoplanet is too close to the star, it might
be too hot to sustain liquid water. If it’s too far, it
475 b might only have frozen water.
Context: Discovery of exoplanets:
Recently, the James Webb Space Telescope has
The first exoplanet to burst upon the world stage
discovered its first new exoplanet as LHS 475 b. was 51 Pegasi b.
Probable Question: Discovering exoplanets is quite tough as they are
What is an exoplanet and what scientific small and hard to spot around their bright host
advancements have been made in the discovery stars.
and study of exoplanets and their potential for Scientists rely on indirect methods, such as the
supporting life beyond our solar system? transit method, which is “measuring the dimming
of a star that happens to have a planet pass in
front of it”.
Significance:
Studying exoplanets broadens our understanding
of the solar system.
Their Study also helps us to gather information
about our own planetary system and origin.
News Source: The Indian Express
Objectives:
The study
RTSEPFP of the dynamic nature of the
sun’s outermost layers, the corona, and the
chromosphere and gather information about
coronal mass ejection (CME).
Study on origin of solar flares and their direction 5.4 Green Comets
via the interplanetary space from the sun to the
earth. Context:
The examinations will also include the collection Appearing near Earth after nearly 50,000 years, the
of data for space weather prediction. rare green comet C/2022 E3 (ZTF) is estimated to
come closest to Earth around February 2, 2023.
Probable Question:
What are green comets?How do they help in the
study of the evolution of the Solar system?
About L1 Point:
The L1 point of the Earth-Sun system provides
an uninterrupted view of the sun and is
currently home to the Solar and Heliospheric
Observatory Satellite SOHO from Nasa.
This position provides a greater advantage of RTSEPFP
They orbit the sun in highly elliptical orbits Department of Space received a 23% increase in
that can take hundreds of thousands of years to the 2017-18 Budget.
complete.
ISRO had originally hoped to launch Shukrayaan
Comets leave a trail of debris behind them that I in mid2023 but cited the pandemic when it
can lead to meteor showers on Earth. pushed the date to December 2024.
As a comet approaches the sun, it heats up very Shukrayaan I will be an orbiter mission.
quickly causing solid ice to turn directly into gas.
Payloads: Its scientific payloads currently include
Significance of Comets: a high resolution synthetic aperture radar and a
ground penetrating radar.
Their Study may yield important clues about the
formation of our solar system. Optimal Launch Window: Optimal launch
News Source: The Indian Express
windows from earth to Venus occur once around
every 19 months.
5.5 Venus Mission ‘Shukrayaan I' ¾ This is why ISRO has “back up” launch dates
in 2026 and 2028, if it misses the 2024
Context: opportunity.
ISRO said that the organisation was yet to receive ¾ But even more optimal windows, which
approval from the Union government for the Venus further reduce the amount of fuel required at
mission and that the mission could as a result be lift-off, come around every eight years.
postponed to 2031.
Other Countries Venus Mission: The U.S. and
Probable Question: the European space agencies had Venus missions
planned for 2031 referring to VERITAS and
In the context of India's space exploration program, EnVision, respectively.
evaluate the objectives and significance of the
recently announced Venus Mission 'Shukrayaan I'. Objectives of the Mission:
Investigation of surface process and shallow
subsurface stratigraphy.
Study of the structure, composition and dynamics
of the atmosphere.
Investigation of Solar wind interaction with
Venusian ionosphere.
Study of Venus’s geological and volcanic activity,
emissions on the ground, wind speed, cloud
cover, and other planetary characteristics from an
elliptical orbit.
Additional Information:
About Venus:
Venus has been called Earth’s twin because
of the similarities in their masses, sizes, and
densities and their similar relative locations in
the solar system.
Image Source: Space.com
It is the hottest planet in the solar system
ISRO’s Venus Mission: Shukrayaan I because of the high concentration of carbon
RTSEPFP
5.6 WHO Report on Global Trans-Fat ¾ Mandatory national ban on the production
or use of partially hydrogenated oils (a major
Elimination 2022 source of trans fat) as an ingredient in all
Context: foods.
Five billion people globally are exposed to harmful WHO recommends that countries focus on four
trans fat, increasing their heart disease and death areas: adopting best-practice policy, monitoring
risk, according to a new report by the World Health and surveillance, healthy oil replacements and
Organization (WHO). advocacy.
More on News:
It was exacerbated by disruptions due to the
pandemic.
An earlier target that was set for 2015 was also
missed.
It was in 2019 that India adopted the goal
RTSEPFP
of measles and rubella elimination by 2023,
anticipating that the 2020 goal could not be
reached.
Why is this target crucial? programme will help achieve the necessary
targets.
Measles and Rubella are highly contagious human
viruses, Measles kills more than 1,00,000 children Government Initiatives to achieve targets:
each year.
Phased Measles Catch-up Immunization in India:
Measles vaccine has saved 30 million lives globally. During 2010–2013, India conducted a phased
Rubella infection in pregnant women can lead to measles catch-up immunisation for children
birth defects. aged 9 months–10 years in 14 States, vaccinating
approximately 119 million children.
Symptoms: Symptoms of measles and rubella
Launch of Mission Indradhanush: Mission
include rash and fever
Indradhanush was launched in 2014 to ramp up
Fatality rate: While measles has a high fatality vaccinating the unvaccinated population.
rate, rubella infection in a pregnant woman will National Strategic Plan for Measles and Rubella
have an impact on the foetus, resulting in birth Elimination in India: During 2017–2021, India
defects. adopted a national strategic plan for measles and
rubella elimination.
Recent Measles Outbreak in India:
¾ And introduced rubella-containing vaccine
From October 2022, an outbreak of measles in
(RCV) into the routine immunisation
Maharashtra, had the authorities worried.
programme, besides launching a nationwide
As per media reports at least 15 children died measles-rubella supplementary immunisation
among several hundreds who contracted the activity (SIA) catch-up campaign.
infection.
Transition to Case-based Surveillance: It also
Coming at the cusp of a year in which India had a transitioned from outbreak-based surveillance to
crucial target to achieve, it perturbed authorities. case-based acute fever and rash surveillance, and
However, experts aver that this outbreak will more than doubled the number of laboratories in
contribute to ramping up herd immunity in the the measles-rubella network.
population which along with a robust vaccination News Source: The Hindu
SHORT NEWS
5.8 Norovirus diarrhoea, vomiting, nausea and stomach
pain.
Context:
Transmision:
Recently, Norovirus infection was confirmed in two
school children in Ernakulam district of Kerala. ¾ The virus spreads rapidly and can easily move
from one infected person to another through
About Norovirus: contaminated foods and surfaces.
Norovirus is a highly contagious virus that is also ¾ The virus spreads through the faecal oral
sometimes referred to as the ‘stomach flu’ or the route.
‘ winter vomiting bug’.
Treatment:
Disease outbreaks typically occur aboard cruise
ships, in nursing homes, dormitories, and other ¾ Diagnosis is done by real-time reverse
closed spaces. transcription-polymerase chain reaction.
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Symptoms: ¾ No vaccines are available for the disease.
¾ Some of the most common symptoms include News Source: The Indian Express
Additional Information:
About CDSCO:
The Central Drugs Standard Control
Organisation(CDSCO) under Directorate
General of Health Services, Ministry of Health
& Family Welfare,Government of India is the
National Regulatory Authority (NRA) of India.
The Drug Controller General of India (DCGI) is
the head of the Central Drugs Standard Control
Organisation (CDSCO) in India.
About the Indian Skimmer: through fishing, predation by stray and domestic
dogs etc.
It is a water bird found in coastal estuaries of
western and eastern India. Protection Status:
Scientific Name: Rynchops albicollis ¾ IUCN status: Endangered
Major Threats: Degradation of rivers and lakes News Source: The Indian Express
(a) 1 only (b) 2 only (c) All three pairs (d) None of the pairs
4. With reference to green comets, consider the
(c) Both 1 and 2 (d) Neither 1 nor 2 following statements:
2. With reference to ‘Aditya-L1 Mission’,consider 1. Green glow arises from the presence of
the following statements: diatomic chlorine.
1. It will be placed in a halo orbit around the 2. The newly discovered green comet has been
Lagrange point L2, of the Sun-Earth system. named as C/2022 E3.
Which of the statements given above is/are not
2. It contains seven payloads on board to correct?
observe the photosphere, chromosphere and
(a) 1 only (b) 2 only
the outermost layers of the Sun (the corona).
(c) Both 1 and 2 (d) Neither 1 nor 2
Which of the statements given above is/are not
5. "Stomach Bug" is related to which of the
correct?
following?
(a) 1 only (b) 2 only (a) Nipah Virus (b) COVID 19
(c) Both 1 and 2 (d) Neither 1 nor 2 (c) Norovirus (d) Influenza Virus
Answer Key
1. (c) 2. (a) 3. (b) 4. (a) 5. (c)
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DEFENCE AND
6 SECURITY
6.1 Police Reforms Inadequate Infrastructure:
¾ There are 70 police stations which have no
Context: wireless, 214 police stations that have no
Recently a conference of the Directors General of telephone and 240 police stations that have
Police of all the states and union territories was held no vehicles.
at Delhi. ¾ Housing facilities are unsatisfactory.
Probable Question: Training of Personnel is abysmal:
Discuss the need for police reforms in context of ¾ The training institutions have not kept pace
the evolving nature of crimes. Suggest measures with the changing paradigm on the law or
to strengthen the criminal justice system through crime front and are manned generally by
empowerment of the police. unwanted, demotivated officers.
cent of their sanctioned strength and these and to create at least one all-women police station
personnel work for 14 hours a day on average. in each district should be implemented.
complaints against police officers in cases of Under this project, six Scorpene-class (P-75) are
serious misconduct, including custodial death, to be constructed at Mazagon Dock Limited,
grievous hurt or rape in police custody. Mumbai.
SHORT NEWS
6.3 VSHORAD Missile System 6.4 Vibrant Villages Programme
Context: Context:
The Defence Acquisition Council (DAC) accorded The Union Home Minister urged the Border Security
Acceptance of Necessity (AoN) to VSHORAD missile Forces (BSF) to make efforts towards increasing
system. tourism in villages through the Vibrant Village
Programme.
About Very-Short Range Air Defence System
About Vibrant Villages Programme (VVP):
(VSHORADS) Missile:
The Vibrant Villages Programme was announced
VSHORADS stands for Very-Short Range Air
in the Finance Minister’s Budget Speech 2022.
Defence System.
It envisages coverage of border villages on the
It is a Man Portable Air Defence System Northern border having a sparse population,
(MANPAD) indigenously developed by Defence limited connectivity and infrastructure, which
Research and Development Organisation. often get left out of the development gains.
It can neutralise low-altitude aerial threats at It aims to enhance infrastructure in villages along
short ranges. India's border with China, in states like Himachal
Pradesh, Uttarakhand, and Arunachal Pradesh.
Defence Acquisition Council:
News Source: The Indian Express
The Defence Acquisition Council is the highest
decision-making body in the Defence Ministry for 6.5 Exercise Cyclone - I
deciding on new policies and capital acquisitions
for armed forces. Context:
The Minister of Defence is the Chairman of the Exercise Cyclone-i is the first joint exercise between
Council. the special forces of the Indian Army and the Egyptian
Army.
It was formed, after the Group of Ministers
recommendations on 'Reforming the National About the RTSEPFP
Exercise:
Security System', in 2001, post-Kargil War (1999). The 14 days long exercise is taking place in
News Source: The Indian Express Jaisalmer, Rajasthan.
Answer Key
1. (d) 2. (d) 3. (c) 4. (a) 5. (b)
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SOCIETY AND
7 SOCIAL JUSTICE
7.1 Annual Status of Education Government Schools
65.6% 72.9%
Report 2022 enrollment
A sharp increase of 7.1 percentage points in the
Context:
number of children enrolled in pre-primary age
Annual Status of Education Report (ASER) 2022 groups in 2022, in comparison to 2018.
report shows that government schools saw a sharp
rise in enrolment for the first time in 16 years. The percentage of girls in the age group of 11-
14 years who were out of school declined to 2%
Probable Question:
from 4.1%.
What is the Annual Status of Education Report
(ASER) and what information does it provide about Reading Ability: The percentage of children in
the state of education in India? Class 3 in government or private schools who
were able to read at the level of Class 2 dropped
from 27.3% in 2018 to 20.5% in 2022.
¾ Nationally, the proportion of children enrolled
in Class 5 in government or private schools
who can at least read a Class 2level text fell
from 50.5% in 2018 to 42.8% in 2022.
About ASER:
ASER is a household survey conducted across 616
rural districts and covers 6.9 lakh children in the
age group of 3 to 16 years.
It records their schooling status and assesses Arithmetic Skills:
their basic reading and arithmetic skills.
¾ Class 3 students who were able to at least
Released by: NGO Pratham subtract dropped from 28.2% in 2018 to
25.9% in 2022.
Key Takeaways from ASER 2022:
Increased in the overall enrollment figures: ¾ The proportion of children in Class 5 across
India who can carry out division has also
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Enrollment figures 2018 2022 fallen slightly from 27.9% in 2018 to 25.6%
6 to 14 age group 97.2% 98.4% in 2022.
Legislative process: For this, a legislative Qualification given to students: The qualifications
framework facilitating such entry will be put in awarded to the students on the Indian campus
place, and such universities will be given special should have equivalence with those awarded by
dispensation regarding regulatory, governance, the institutions in their country of origin.
and content norms on par with other autonomous
institutions of India. National Education Policy (NEP) on allowing
Such a campus can evolve its own admission foreign campuses and higher education in
process and criteria to admit domestic and foreign the country:
students.
The National Education Policy (NEP) says that
Autonomy: It will have autonomy the top 100 universities in the world will be
¾ To decide its fee structure, and will face no facilitated to operate in India through a legislative
caps that are imposed on Indian institutions. framework.
¾ The fee should be “reasonable and The UGC draft permits universities with top 500
transparent”. global rankings or those considered reputed in
¾ To recruit faculty and staff from India and their home country.
abroad. The courses to be offered cannot
be in online and open and distance learning Significance of the Draft:
mode. Global Education Destination: It will promote
Funding: Institutions will have the ability to India as a global education destination.
move funds across borders, maintain foreign After Chinese students, Indians are the largest
currency accounts, and remit, repatriate, and category of foreign students in countries like the
sell proceeds, in accordance with the Foreign U.S., the U.K. and Australia.
Exchange Management Act (FEMA) and its rules.
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8.1 Padma Awards categories which include Art, Social Work, Public
Affairs, Science & Engineering, Trade & Industry,
Context: Medicine, Literature & Education, Civil Service
Recently, the government announced the Padma and Sports
Awards on the eve of Republic Day. The Padma Awards are conferred on the
recommendations made by the Padma Awards
Probable Question:
Committee, which is constituted by the Prime
What are the Padma Awards and what is the criteria Minister every year.
for selection and recognition in these prestigious
awards in India? ¾ The nomination process is open to the public.
Even self-nomination can be made.
Eligibility: All persons without distinction of race,
occupation, position or sex are eligible for these
awards.
Exceptions:
¾ Government servants including those
working with PSUs, except doctors and
scientists, are not eligible for these Awards.
¾ The award is normally not conferred
About Padma Awards: posthumously. However, in highly deserving
Padma Awards were instituted in 1954, and cases, the Government could consider giving
are announced every year except for brief an award posthumously.
interruption(s) during the years 1978 and 1979 A higher category of Padma award can be
and 1993 to 1997. conferred on a person only where a period of at
These awards are presented by the President least five years has elapsed since conferment of
of India where the awardees are presented a the earlier Padma award.
Sanad (certificate) signed by the President and a Total number of awards: The total number
medallion. of awards to be given in a year (excluding
Padma Awards are one of the highest civilian posthumous awards and to NRI/foreigners/OCIs)
honours of India given in three categories: should not be more than 120.
¾ Padma Vibhushan (for exceptional and The award does not amount to a title and cannot
distinguished service) be used as a suffix or prefix to the awardees’
name.
¾ Padma Bhushan (distinguished service of
higher order) Can the Padma
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Awards be refused?
¾ Padma Shri (distinguished service). While explicit consent is not sought from the
awardee, before the final list is announced, they
Categories:The awards are given in certain select
receive a call from the Ministry of Home Affairs.
¾ For Example: Recently, this issue came up The recommendations for Bharat Ratna are
when medal-winning wrestler and Padma made by the Prime Minister to the President of
Shri awardee Sushil Kumar was implicated in India. No formal recommendations for Bharat
a case of murder. Ratna are necessary.
The number of Bharat Ratna Awards is restricted
to a maximum of three in a particular year.
News Source: The Indian Express
SHORT NEWS
Additional Information:
About Murals:
Murals are large colourful paintings or other
forms of public art that are created directly on a
wall or other permanent surface.
The earliest evidence of the murals is found in
the form of the beautiful frescoes painted on
the caves of Ajanta and Ellora, the Bagh caves
and Sittanvasal cave.
The Charaideo moidams are royal burial sites
News Source: The Indian Express
of the Ahom dynasty which ruled over much of
Assam and the North East from 1228 to 1826 AD.
8.4 World’s Longest River Cruise
They are considered sacrosanct by many locals.
Context:
Charaideo is considered to be the first capital city
Recently, the Prime Minister flagged off the world’s
established in 1253 AD by king Sukaphaa.
longest river cruise, MV Ganga Vilas, from Varanasi.
¾ Throughout Ahom rule, it remained a
About MV Ganga Vilas: symbolic and ritual centre of power, due to
MV Ganga Vilas Started its journey from Varanasi, its salience in the dynasty’s founding.
it will cover 3,200 km in 51 days to reach Dibrugarh
Additional Information:
in Assam via Bangladesh.
It will give tourists an opportunity to indulge in About
the art, culture, history and spirituality of India
and Bangladesh. Ahom Dynasty
News Source: The Indian Express The Ahoms were one of India’s longest-reigning
ruling dynasties.
8.5 Charaideo Moidams At their peak, their kingdom stretched from
Context: modern-day Bangladesh to deep inside Burma.
The Assam Chief Minister announced that the Centre Known to be able administrators and valiant
will send a proposal to UNESCO for nominating warriors, the Ahom dynasty has enduring
Charaideo moidams of the Ahom kingdom as a World cultural appeal in Assam.
Heritage Site.
Probable Question: News Source: The Indian Express
What are the Charaideo Moidams and what is their 8.6 Maghi Mela
historical and cultural significance in the context of
the Ahom kingdom in Assam, India? Context:
About Charaideo Moidams: Maghi Mela festival is being celebrated on January 14
The word Charaideo has been derived from three in Punjab.
Tai Ahom words, Che-Rai-Doi. “Che” means city
or town, “Rai” means “to shine” and “Doi” means About Maghi Mela:
hill. Maghi Mela
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is held in the holy city of Sri Muktsar
¾ In short, Charaideo means, “a shining town Sahib every year in January, or in the month of
situated on a hilltop.” Magh according to the Nanakshahi calendar.
Stupa, Sanskrit for heap, is a mound-like News Source: The Indian Express
(hemispherical) burial structure containing relics
of Buddhist monks. 8.8 Paigah Tombs Complex
¾ E.g. Sanchi Stupa built over Buddha relics. Context:
Architectural Features of Stupa: The UnitedRTSEPFP
States government will extend financial
¾ A hemispherical mound or anda’s shaped support of $250,000 towards the conservation and
dome restoration of six of the Paigah tombs.
Image Source: The Hindu
This year, 2023, marks the 126th birth anniversary 8.11 Sammed Shikhar
of Netaji Subhas Chandra Bose.
The first time, it was celebrated as Parakram Divas Context:
in 2021 on the occasion of his 124th birthday. The Jain community has been protesting over
demands related to two holy sites — Sammed Shikhar
Government has also proposed to set up a
on Parasnath hill in Jharkhand and Shatrunjaya hill in
memorial on Ross Island, which was renamed as
Palitana of Gujarat.
Netaji Subhas Chandra Bose Dweep in 2018.
In 1768 CE, Jagat Seth rebuilt the temples at About Sagol Kangjei:
Shikharji to their present configuration. Modern polo is said to have originated from Sagol
Kangjei, a sport indigenous to Manipur, in which
About Palitana and Shatrunjaya Hill: players ride horses, specifically the Manipur
Location: Shatrunjaya Hill is a sacred site Ponies.
containing hundreds of shrines in Palitana town, These horses are referenced in records dating
Bhavnagar District, Gujarat. back to the 14th century.
The shrines were sanctified when Rishabha, the The sport originated in Manipur and is associated
first Tirthankara of Jainism, gave his first sermon with ancient manuscripts like Kangjeirol.
in the temple on the hilltop.
Even festivals in Manipur such as Lai Haraoba
It is one of the Jainism’s holiest pilgrimage sites, Festival shows a play sequence in which Maibi
the Shatrunjaya hill is an incredible hill studded (priestess) with a polo stick in hand goes out in
with temples, built over 900 years. search of a bride.
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8.13 Pradhan Mantri Rashtriya Bal The main entrance of the temple is known as the
Lion's Gate, and a sign there states: “only Hindus
Puraskar (PMRBP) are allowed”
Context: Main temple is constructed in Kalinga architecture
Recently, the President of India conferred the in such a way that no shadow of temple falls.
PMRBP-2023 award to 11 children. News Source: The Indian Express
It is now transferred to the Ministry of Culture A long history of Mughal Gardens in India:
in respect of the monuments under the The Mughal Gardens (now erstwhile) draw
Archaeological Survey of India. inspiration from the Mughal Gardens of Jammu
It aims at ensuring quality & inclusive provision of & Kashmir, the gardens around the Taj Mahal and
amenities and facilities across heritage, natural, miniature paintings of India and Persia.
& tourist sites through the active participation The Mughals were known to appreciate gardens.
of private and public sector organizations and
individuals. ¾ In Babur Nama, Babur says that his favourite
kind of garden is the Persian charbagh style
These organizations would be known as (literally, four gardens).
“Monument Mitras” for their collaboration
initiative. ¾ The charbagh structure was intended to
News Source: The Hindu
create a representation of an earthly utopia
– jannat – in which humans co-exist in perfect
8.17 Mughal Gardens Renamed as harmony with all elements of nature.
3. In which of the following States “The Wall of 5. Which of the following temples is known as the
Peace" has been inaugurated? "White Pagoda" of India?
(a) Kerala (b) Tamil Nadu (a) Konark Sun Temple
(c) Andhra Pradesh (d) Madhya Pradesh (b) Padmanabhaswamy Temple
4. ‘Paigah Tombs complex’ is situated in which of (c) Lingaraj Temple
the following cities?
(d) Jagannath Temple
(a) Hyderabad (b) Agra
(c) Delhi (d) Lucknow
Answer Key
1. (a) 2. (d) 3. (a) 4. (a) 5. (d)
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9 ETHICS
9.1 Corporate Governance can arise and negatively impact the company's
performance and reputation.
Context: Short-termism: A focus on short-term financial
Chanda Kochhar, the former CEO of ICICI Bank, is results and profits can lead to neglect of long-term
seen as a warning example of the risks of greed in the considerations and the health of the company.
corporate world.
Pillars of Corporate Governance:
About Corporate Governance: Accountability: This is a form of ownership
Corporate governance refers to the system strategy which means owning the rewards
of rules, practices, and processes by which a and failures/risks in the context of the value
company is directed and controlled. proposition by an organisation.
It involves balancing the interests of a company's Fairness: This means treating all the stakeholders
many stakeholders, such as shareholders, equally without any demarcation of caste, status
management, customers, suppliers, financiers, etc. This involves effective communication as well.
government, and the community. Transparency: Transparency means, disclosing all
Aim: To enhance corporate transparency, the information which are relevant and important
accountability, and fairness, and to promote for all the shareholders and stakeholders so that
long-term business success and sustainable value they are not in the dark about the performance of
creation. an organisation.
Integrity: It comes through a professional culture
Issues of corporate governance in India:
where each employee is given importance which
Lack of independent directors: Many Indian makes him/her to perform at their best.
companies have a high proportion of promoter-
affiliated directors, leading to a lack of independence Social responsibility: This applies at the top
in the board of directors. management level. The decision taken at the top
should be such that they benefit the organisation
Poor shareholder representation: Small
as a whole. Therefore, it is important that the
shareholders often have limited representation
organisation should have a clear understanding
on company boards and limited say in important
of these pillars and practice there accordingly.
decisions.
Limited transparency: Some Indian companies Challenges of Corporate Governance:
lack transparency in their financial reporting and Board appointments: This is the major issue as
corporate decision-making processes. due to issues like pressure from promoters etc.
Weak enforcement of regulations: India's corporate the appointments of the board may be biassed.
governance regulations are not always effectively Performance evaluation of Directors: This is
enforced, allowing for violations to occur with little
another challenge in implementing corporate
consequences. RTSEPFP
governance as there may be cases where the
Conflicts of interest: Conflicts of interest among evaluation of the performance of the directors
directors, executives, and other stakeholders may not be allowed.
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10 PLACES IN NEWS
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11 MISCELLANEOUS
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Udhayamarthandapuram Bird Important site for staging and breeding ground for several
Sanctuary species of waterbirds.
Chitrangudi Bird Sanctuary It is an ideal habitat for winter migratory birds.
Tamil Nadu
Suchindram Theroor Wetland It is declared an Important Bird Area (IBA) and lies at the
Complex southern tip of the Central Asian flyway of migratory birds.
It is a large human-made irrigation tank and shelter for
Vaduvur Bird Sanctuary migratory birds as it provides a suitable environment for
food, shelter, and breeding ground.
The wetland exhibits rich biodiversity including many
globally near-threatened species including:
Kanjirankulam Bird Sanctuary
Spot-billed Pelican, Oriental Darter, Oriental white
Ibis.
It is home to cormorants, egrets, grey heron, open-billed
Karikili Bird Sanctuary
stork, darter, spoonbill.
Pallikaranai Marsh Reserve It is one of the few natural coastal aquatic habitats that
Forest qualify as a wetland in India.
Pichavaram Mangrove One of the last mangrove forests in the country.
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